People who bought bitcoin last bull run when bitcoin was $60k will be happy to see the bitcoin price back to $60k;
so let me get this right, are you suggesting it's best to buy during a bullish period as this only to wait for another bullish period when the price would have torshed this current $60k point? I know for those that have the ability to doing a ten to twenty year holding, it might be reasonable and okay for them but I feel it's best to buy during the bearish period so you don't necessarily have to wait forever before your holding yields a good profit.
Hodlers always win at the end of the day. Let's learn something from this, especially those that didn't witness the last bullrun.
yeah, to some extent you're correct that if you have the ability to hold long enough you will definitely gain at the end of the day but Thier is a better way of doing things and that's why it's best to buy during the DIP. Why wait till the market is bullish before buying and then you will now have to wait almost forever just for for another highly bullish season before you get to the same $60k price out brought it?
Bitcoin investment is all about having patient. There is nothing like waiting forever in bitcoin investment, rather what we have is circles, and your ability to buy and wait for the next circle is really what matters. Some people bought bitcoin at the last ATH and they are still holding it, even when the price of bitcoin dropped to $16k they were never bothered and they kept holding and waiting patiently for the next circle which is about to take place and we are already seeing the signs. With the current price we are close to breaking the previous ATH. It didn't take forever before we get here. It's always best to buy at all market condition through DCA method. This has been talked about several times in this thread and as someone who is following this thread it will be wise to apply what you are learning from this place into real life.