Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss.
Since we are talking about bitcoin investment, I want you to understand that there's no right time to invest in bitcoin. If you are waiting to buy bitcoin in a dip, you are wasting your time, and you may possibly miss out on accumulating a reasonable amount of bitcoin since no man or woman on planet earth can actually predict when a dip will happen. Instead of waiting for a dip, you can start accumulating bitcoin with the DCA strategy when you money is readily available because the DCA strategy will allow you to even accumulate bitcoin in the bullish trend and the bearish trend, and it will also control your emotions.
I still suspect that those who really want to invest in Bitcoin are actually waiting for Bitcoin to fall. A Bitcoin investor is never worried about the drop in Bitcoin. There is always a thought on how he will increase his income that he uses will submit more Bitcoin, that is, to buy Bitcoin. For example, from those who want to do trading, it may be heard that it is better to buy Bitcoin at a lower price. Ask a true investor who will never say that you buy Bitcoin tomorrow or then buy Bitcoin and even wait for Bitcoin to drop.