Also, timing the bitcoin market earlier will give you an edge over the market as the higher chance of profitable investment will be there instead of investing late.
It is difficult to time the market and that is a waste of time, especially a new investor that is a low coiner, because nobody can predict the price movement of bitcoin. It is better to get started the moment you have the money to invest and keep on growing your invest by buying regular either weekly or monthly, and all necessary funds are in place that will not make you think of selling your bitcoin.
[/quote] Actually there's nothing wrong at buying whenever you have the money available but I think what he/she meant by timing the market is just by buying at each dip that occurs, take for instance a week+ ago bitcoin price moved up to $47,000+ and after a while dropped to $39,000 then later took a leap to around $43/42,000+ right now (as at the time am writing this). For a investor that is timing the market he/she will know that $39k is a right time to buy because the price will surely move up again for him to make profit and for sure it did moved from $39k to $43k, so isn't it a right timer for any investor? We know the market is unpredictable but there are moves that we will critically observe and we won't need a fortuneteller to tell us what could happen next, only experience will tell.