Agreed to your point that it’s not late to buy bitcoin because as world is accepting bitcoin it will make huge difference in terms of price but when the price of bictoin is at its lowest price that is the right time
To enter in the crypto world. Most people enter when everyone from big fishes start selling their coins.
To enter in the crypto world. Most people enter when everyone from big fishes start selling their coins.
Don't you mean "most people enter when Bitcoin is bullish"? I mean, that's what most "noobs" do. They get all excited once prices are going up, only to end up buying high and selling low. Like you've said, the right time to buy is when prices are low. It's just that most people are afraid of doing so because they think prices are going to decline even further. "Old timers" like myself know how the market works, so we will keep buying BTC no matter what. Since the world hasn't completely moved away from cash (coins and paper money), I'd say it's still early to buy Bitcoin. The "fun" is just getting started...
Yes, and as far as my experience goes, that is where I know when to enter. And that is during the bear market, just like in this cycle, we have the lowest price of $15,500. And so if by chance you but Bitcoin at that price, you should be in a lot of profits even at the current price point of below $100k.
And this could be another lessons that after this bull market, then maybe we can all star from scratch and start investing in the new bear market in 2026. So a lot of time to think about it though for newbies and maybe they will go with this mindset instead of procrastinating that the price is very expensive.