It's true, that's why someone is asked not to use other users' predictions and analysis results as investment and financial advice. Predictions are your way of looking at what might happen in the future, but at least a good prediction must be supported by data and analysis. Not all predictions are correct, but some predictions are close to correct even though they are not accurate.
Based on the Fear & Greed Index at CMC, I think the market is still very supportive for anyone who wants to accumulate. The existing index points are still around 40 which is neutral and usually this is an opportunity to buy before the price rises higher.
Based on the Fear & Greed Index at CMC, I think the market is still very supportive for anyone who wants to accumulate. The existing index points are still around 40 which is neutral and usually this is an opportunity to buy before the price rises higher.
fear and greed index is cool and all but I think the right time to buy always when dips touched its maximum pain point like basically it's so oversold and the price chart dumped so deep it touched liquidity zone and is ready to bounce back, that's the right time to buy, few days ago it's $52k, I suspect BTC will retouch liquidty again at $52k and bounce back again in few days or week. that's the best time to accumulate. just like the chart around 4h timeframe bounce back when it hits $52k I consider it to be the bottom.
DCA is great but be sure to decreae dollar cost average for the sake of making profit easier, so when market recovers you make profit and not just recovering.