Should those who want to buy more do it now or do you believe we'll see the bitcoin price get down a little more?
Personally, I don't have a specific schedule for accumulating purchases in uncertain quantities. Except using the DCA pattern as a strategic step which is always determined by a stable amount. However, if we want to buy in large quantities, we should look for opportunities long before the next ATH. The reason why this is done is because when prices are being severely corrected there will be a buildup of purchases in much larger quantities and it is possible that prices will remain in an unpredictable range.
Some here were talking about rumours of BTC being purchased from Saudi Arabia, but well, that's just a rumour.
But people tend to panic and sell, so this might be the best moment to buy as much btc as possible. What do you think?
Why panic when rumors of purchases made by Saudi Arabians, aren't there many people buying bitcoin every day. This panic is motivated by a lack of understanding about Bitcoin's journey and if people have been involved for a long time, they will really wait for FUD news to appear so they can buy in larger quantities due to the price drop.
Person have come to understand the journey of bitcoin and panic is no longer a big problem to face because many things have been passed by when they are involved in investing. Experience has taught us that panic will only destroy the investments we make and that remaining calm is the key.