Quote from: Dr.Bitcoin_Strange on November 30, 2023, 05:13:45 PM

Quote from: JoyMarsha on November 28, 2023, 10:40:04 PM

Quote from: ginsan on November 28, 2023, 09:45:45 PM

In that context, I believe people will accumulate Bitcoin when the market is down and they will buy aggressively at that time. That's quite a good thing if you have a bigger budget. But as beginners, maybe we will start investing with varying levels of our financial strength to our goals in 1 year or 2 years. Patience is the key and playing buying and selling and buying and holding tactics is up to each individual.

For sure, people would invest in Bitcoin aggressively when the crypto market is down but are they going to wait until that time comes before they invest, even when we don't know whether the $35k is the limit price bitcoin can fall to before it moves higher in price before the bull run season.
Thank goodness, for I am not among those who want to wait when the market is down before they invest. For me, I am investing the little money I have in a DCA approach

What I noticed is that some people don't invest in Bitcoin at all, either because they don't have the money to invest at that moment when the price is still low or because they don't fully have knowledge about investing in Bitcoin. Whoever is experienced in the Bitcoin space would know that even with the current price of Bitcoin, it's a low price compared to the previous ATH of Bitcoin in the last bull market, and now is the time that we are again matching close to the Bitcoin halving season, which will likely give rise to a bull market. No one can accurately be sure if the price of Bitcoin will dip below the current price, and that's why when you hear, "Buy the dip," you should buy the very dip you are seeing at that moment. Even if you are hoping to see a very low price, you can still use DCA to buy some fractions, so that if the price doesn't drop further, you will not get disappointed.

There are many new members who are very interested in investing in Bitcoin but they don't have enough money to invest so they can't invest in Bitcoin. Even if there is no money to invest, many manage money to invest in different ways. I've heard stories of investors who sold their bicycles and invested in bitcoins, others saved tuition fees or semester money and invested in bitcoins instead of paying for tours.
Those who invest in bitcoins, rather than saving money for their tuition fees, saving semester money, and fulfilling their hobby, have enough faith and trust in their investment.

Now maybe a guy is investing in Bitcoin instead of buying a bike with money that he could have bought a bike with and plans to hold that investment deep. Now he may not be able to fulfill it all for a while but in the future when he will get a big profit from his investment but he will be able to buy a super bike instead of a bike.

Patience is very important in investing, a small sacrifice should be accepted temporarily if the future is likely to be good. If an investor plans to hold the investment deep, I don't think he should wait for the market to go down, because deep investing will continue to do so.