Quote from: noormcs5 on December 07, 2022, 11:40:04 PM

Quote from: Zanab247 on December 07, 2022, 04:13:42 PM

Your fear should be bear and bull season because those that joined cryptocurrency investment early this year 2022 are seriously worry, if truly what they heard about Bitcoin and cryptocurrency investment is real because since they invested money in Bitcoin and cryptocurrency they have been waiting for the bull to come before they can sell. If you can be able to hold your coins in the period of bear, no matter how long the bear will take you, I guess there will be a beautiful future ahead for you to enjoy.

I think OP is lucky in this case as he would be investing in bitcoin in a bear season when bitcoin is at low prices. This would mean that OP will take maximum advantage when the market will enter in a bull phase.

A bear market is a rare opportunity for us as we can buy bitcoin cheaply, but for OP, it will be a scare. Since he has never seen the volatility of bitcoin, it is easy for him to panic when he sees bitcoin plunge. If OP buys bitcoins from now on, but he is not very knowledgeable, then once the bitcoin price drops, it cause panic, and he will most likely dump his bitcoin.

It would be a pity if he didn't buy bitcoin now but in my opinion, what he needs now is knowledge, once he is knowledgeable even if he buys bitcoin at a higher price than it is now, he is safer than no knowledge to buy bitcoins.