Many times I've missed the opportunity of buying Bitcoin dip because of media sentiments. In 2022, when Bitcoin was $17,168.57, which would have been a good time to build a larger holding, some claimed Bitcoin was on the road to irrelevance others said it was dead. I could understand and agree with them because the value of bitcoin had peaked at USD 69,000 in November 2021 before falling to USD 17,000 as at the mid-June 2022.
This is one of the reasons why people always advise you guys that DYOR is very important. It is the method that will make you decide on your own without regretting it at the end of the day. It is very bad of you to follow what you see online and make a decision about bitcoin investment or believe that bitcoin is dead.
However, these shows by that you saw these news that you do not know anything about bitcoin and other cryptocurrency because if you do, you won't be convinced by these reasons, the fact that anybody who is not new in the cryptocurrency knows well that bitcoin is the father of any other coin that will come into existence. You see that bitcoin is rising and multiplying, and you are now regretting your action back then, although it was your ignorance that led you to do that, so I won't blame you for such an action. But I believe next time, when it comes to things like these, you will ask and study the thing they are talking about before you take action.
After that time, the value had fluctuated around USD 20,000. And the same media claimed it was an artificially induced last gasp before the road to irrelevance.
All these are not enough for me to even believe that the media was the one that made you make the wrong decision because if they were the one who made the wrong decision early this year when people were investing in bitcoin, where did it go? Last but not least, I can say that FOMO is what pushes you to create these threads, not really that these things happen; it is real. It was just for a year. Why don't you invest all these past years that bitcoin gains more recognition? I think you should have wisely made the investment, but due to FOMO, you are now trying to regret your action and trying to cover it up.
Someone who really wants to invest should listen to anyone, as long as the owner of the funds is just DYOR and asks what they don't understand. People will explain, and you will be a successful bitcoin investor.