Technically this might not be a good advice for a newbie, making an investment decisions based on the current market trend is not actually a good one,
It is not really good to make investment decisions based on current market trends, your comment may be confusing for new investors. One of the first few things that a new investor should know before starting to invest is buying bitcoins immediately. Many of the biggest investors in the world and most of the members of this thread have repeatedly said that Bitcoin can be bought all the time, there is no special moment or best time to buy Bitcoin.
Skilled and experienced Investors never wait to buy bitcoins, their goal is to buy bitcoins whenever they have money. For example, MicroStrategy has bought bitcoins at any moment in the market, making them the number one investment company in the world by regularly buying bitcoins.
I agree with you here. The disadvantage of making decisions based on current market trends is that it will lead to choices driven by emotions instead of proper learning and a long-term mindset. There is more to it. But I have to highlight this because it has been a path taken by so many failed investors. However, we are allowed to make our choice in the end.
Paying too much attention on the market price is literally an act of trying to predict the market and hereby ignoring the fundamental value of Bitcoin. There are some mistakes i believe some members in this discussion should not fall into.