People are waiting to buy lower, but what if you're wrong and this is the bottom?
You never know what's going to happen next.
It always very hard to predict the price of Bitcoin but it will be good for you to follow your mind. So far I know that we are in bear market and it has take some months when we enter bear market I like to buy it with the current price do to some reason maybe I want to hold it for some period of time or I share the money for the investment into two buy one path now with current price and observe the market for some time maybe it will drop.if price drop lucky, if the price did not drop okay I am okay with it.
Here you have to be very smart, the smart ones know that you have to divide the money and wait, but now you can buy a part, then wait a bit, you have to remember that FTX is very scary for investors and this makes the price of Bitcoin can continue to go down, and that is something that you should take advantage of at this time, that if it goes down even more then you keep buying, that is the smartest way to attack a problem bear market, obviously those who are in hodl mode to stay hodl more More than ever, investors should have the peace of mind to continue betting on bitcoin once the storm has blown over for a bit.
You keep buying and allowing the current situation to go in the direction where the majorities are taking it, but keep in mind that you need to plan your investment, make sure that you are well aware if whatever downfall may happen after you already purchased all your reserved money, it's not easy as there are still many factors that may bring the current situation to continue falling, we don't know if the position right now can be contained or maybe it is just waiting for mass selling and it will fall for more.
You have to be smart when planning your way inside this industry. Don't do anything without doing your research and make sure that you already have a solid expectation that you can wait and hold.