Doubts and fears are very natural, and it is the nature of every human being. It is not a problem as long as we do not fall into that fear or doubt and make us never move to start collecting bitcoins in our portfolio.
It is interesting to read your words regarding "I believe that no time is wrong for an entry point to accumulation some Bitcoin" because even if that is true then an investor who buys bitcoin must hold it longer, unlike when they buy during a price decline. For example someone who buys when bitcoin hits the last ATH, then how long does it take them to be able to turn their portfolio into a profit? here requires a very strong mentality to be patient to hold it, because if not then they will be frustrated and sell it at a much cheaper price.
Not everyone can do that, especially if they're someone who doesn't have a lot of patience.
All trader ever in position doubt and fear when investing their money in bitcoin or altcoin exactly facing moment with price dropped drastically, its nature of human being how to face with their investment happening later drop or not. But don't give up for accumulating and buying bitcoin how many possibility based on our financial having. Bitcoin and altcoin trader have strong mentality and more patience facing bad moment when bitcoin drop and keep continues reinvesting if their target with long term investment. Don't give up when looking current Bitcoin or altcoin have lower price but take it as very good opportunity by accumulating as much possible not only with bitcoin but also some potential altcoin worth for long term holding.
Totally agree with both of you. I mentioned before that a friend in my circle have some money and he asked me either I should take entry or wait for the market to come down. I suggest him to take entry but what he did waited more and now he things market will come down more. But the problem is he wanted to accumulate for longer period of time.
So I said if you really wanted to book profit when BTC will near to new ATH then you should not worry about the current market situation instead you should jump in. Well, I am also not an expert and I have told him that, maybe that's why he is not listening to me.
I learnt few new things like DCA, Lump sum and buying at dips and what actually DCA is and which is more beneficial under which circumstances (like Having big amount of money means you should do Lump Sum with some of your money and then use some of the amount for DCA and some for the dips). And I had not told him yet about my new learning. I will try to teach him what I learnt but the point is I got sad and angry too when he ignores me.
Although we all have the mentality of my friend, as we all wanted to take entry at the lowest point possible at which market could go by market, I mean BTC. I hope he will eventually understand the opportunities he is missing but I do not want that for him.