Quote from: suzanne5223 on Today at 07:45:02 PM

Quote from: ShowOff on November 16, 2022, 09:26:40 PM

Quote from: suzanne5223 on November 16, 2022, 07:29:50 PM

You have a point because any price Bitcoin is bought in this current market or below the ATH price is a good investment but there's nothing bad in waiting for the bottom price either to maximize profit-making chance since from the last 2 months of the bearish market year till the first 2 months of the next year are always the time where the bottom price is achieved.
With that being said. What matters is the decision made during the opportunity the market presented.

According to coingecko, the bitcoin price is still -76% off at the moment. Investors can take advantage of this momentum to buy a lot, but I would tend to see most of them cautious rather than buying at this point. There are a number of issues to consider at this time including a crisis of confidence in exchange centralization. Many users started withdrawing their funds in online accounts which made FUD more and more.

If investors are confident and believe that -76% is the best price to buy then I think they will make a decent return in the next 2-3 years for their current risk. I'm trying to stay optimistic that the market will recover, but ATL might happen again during the panic.

I check Coinmarketcap the data was also -76% off the ATH price which is still a good time for accumulation but I am optimistic about the market making any form of recovery now not to talk about making ATH price during this panic because what happened in the FTX firm is something that triggered the loss of a lot of giant company in the crypto market.
Apart from that, the last bottom price of the BTC market is always within 80-90% since the market hasn't had a downtrend of at least -80% I am not optimistic about any bullish trend now.

Make yourself be that versatile when it comes to possible conditions that you might faced on specially on this very unpredictable market.If we do check out the statistics in speaking about ATH and ATL
then we could really make out some comparison on which we do really base up our decisions in related to it.Each person does have their own analysis and ends up on different approach when it comes to
price condition or the situation that we are facing on the market.Buying opportunity for this time wont really be that a bad idea but there are people who do really wait up for further lows
and dumps which they do really think up about maximizing possible profits on the time that the market will really be making out some recovery.