Post
Topic
Board Beginners & Help
Re: Too late to buy Bitcoin ?
by
GbitG
on 07/12/2024, 23:55:58 UTC
Buying bitcoin on a bull run can be a mistake, because there is a fairly high probability that in the subsequent bear market the price will be lower than the one at which you will buy now.

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Yep, that's absolutely right We all should need to reflect deeply that Buying Bitcoin in the peak of a bull run is just a dumpster act. Because it can cause you to lose due to the market cycle. I mean, for example if a person buys on the spot and the market sentiment changes and teleports into the bears track. So it is entirely possible that you will lose instead of profit.
 
 Therefore, there is a fixed time for buying, it is not a good touch to buy all the time. You may lose or have to wait for a long time until the bull run comes again.