This is a good point Dr.Bitcoin_Strange. Sure, there may well be some advantages in terms of having some flexibilities in terms of where to place BTC buy orders, yet at the same time, we can get misled in terms to figuring out when the down correction is going to either stop or reverse... so time and time again, guys can end up getting way too greedy in terms of thinking that they can figure out a lower bottom and thereby failing to sufficiently/adequately prepare themselves for UP at any given price point, even if they might have ONLY executed a few buy orders between $25.6k (our current low) and $29k-ish (the starting point of our most recent downward breaking).
After one of our conversation when you said you have small percentage of your money set as buy order even below $20k, I actually adjusted my limit orders too to capture the $24k, $26k and 28k zone where majority of the orders were as I felt price might soar from that zone. I am happy to tapped from your wealth of experience. The recent dip in price have shown me the beauty of flexibility in the market as most of my orders have been filled at much lower prices than it would have been should I had market executed. Even if no further dips, I'm good now and should there be more dip, I will maximize it as well.
Let the market do what it does...
I don't get a lot of pleasure from my buy orders getting filled, yet I usually consider them to be offsetting the negative news in which the BTC price ends up dropping and frequently dropping further than we really think that it will...
it is kind of like making lemonade out of lemons.. with the assumption that you did not want the lemons, but you will still try to get some kind of benefit out of them...
and like you said that if we end up setting these up correctly, we can achieve a bit more of a kind of emotional neutrality - even though I doubt that we can really completely achieve emotional neutrality but having preparations in place for a wide set of scenarios does seem to take off some of the severity of the bite.