Quote from: cryptomaniac_xxx on November 10, 2023, 12:49:30 PM

Quote from: ASCDO21 on October 24, 2023, 01:31:56 PM

Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.

The question is why are you afraid of buying? yeah it could be the market is picking up, but it doesn't mean it's a bad day to buy,

a. we are not yet in the bull run, so the price is still cheap when you compare it to like when we got to a massive run, resulting into a new ATH
b. if you are thinking or waiting for the price to go up to buy, the question is what if the price doesn't go down? You have lost that opportunity already

So for me, just continue to buy as long as you can, you can do what others have been doing for years, that is using DCA method to accumulate and then just hold on it and wait for the right time to sell to make profits.

New investors usually get confused on such occasions when they have been waiting for a better opportunity to buy but the market deceives them and goes in the opposite direction and then they get even more confused and worried about what they should do now. It's not like there are no solutions to this problem but it is just that they lack knowledge and experience, so they simply keep waiting and leave it to luck and if the market goes down, they buy, and if it doesn't, they just keep watching and regretting.

So, as you said, such people should embrace the DCA method and start buying right from the moment they want to do it because there is never a better time to invest, so when you want to buy, you should go for it instead of waiting for a better opportunity, use a portion of your capital every time to buy some and keep the rest for later.