Quote from: jaberwock on May 30, 2024, 01:26:41 PM

Quote from: AVE5 on May 29, 2024, 09:43:25 AM

Truly buying at a bearish market period is an added advantage towards investors accumulating of their bitcoins because they'd buy cheaper on a gradual while stocking on higher volume and keep holding until the market skyrockets.
Buying at the bullish too is a good one because new ATH would always be expected for long term Investors in order to account profits.
It's just about eliminations of FOMO and regardless that you'd miss out of investing lately or when the market price seems scary high.

It's not that it's an advantage but this is how investing originally works and that is to buy low and sell high, and I think methods such as DCA are only invented lately. By the way, DCA is the act of buying at any price and not all times there is an ATH, so this was still better than buying during an ATH because we have more chances of seeing an increase than a decrease and that means more profit for us.

People are FOMOing when the market is in bullish period, especially if there are new ATH that have been recorded but it's fine if sometimes we can buy during it because it was still not intentional and we also have our own personal goals.

A lot of people do not realize that buying at low price is a lot better, which is confusing to me but way too many people do it anyways. Just try to look at historical figures and you will see that when it goes up a bit, it goes up a lot which means that when people see it go up then there are a lot more buyers, and when you see bear market and the volume you realize that when it's down a lot of people just stay away from the market. That doesn't make sense to me, isn't the purpose here is making money?

It means that shouldn't we care to buy at low and sell at high to make profit? Buying at high and selling higher is still profit and I get that and kudos to anyone who makes money that way but that doesn't mean that we are profiting the most that way.