I love this dip here in prices. Bitcoin is looking steady in the 90k's. Right now i think this is a serious buy and accumulation time. Cycles show around 500 days after the halving is peak cycle which is around sep/october of this year. Think we start seeing prices take off right before may/june. Guessing summertime will be a full bull run. Thats what im banking on
The current price of Bitcoin may not be for everyone, but it is a very important time for investors who invest.
Investors always want to buy at a low price and invest, maybe it is still a good time to invest because the market is in the current state, the market may not remain in this state for long, the Bitcoin market will definitely grow and exceed the highest height of all time.
I don't agree with you on this, an investor don't always want to buy at a low price and Invest, but rather they always want to increase the overall size of their asset by buying at any time they have their investment money ready whether the price of Bitcoin is low or high, the current price of Bitcoin is for everyone who is ready to buy and hold. It is more of a traders mindset to buy at low price in order to sell high and not an investor.
Yes, for long-term bitcoin investors, price does not matter when they make a purchase. Because they have the intention to invest in the long term, so buying bitcoin at any current price is not a problem. Because the logic is like this, if we buy bitcoin at the highest price in the current cycle, it will most likely feel expensive. However, what is certain is that in the next 1 or 2 bitcoin halving cycles, the current highest price will definitely continue to be exceeded and could even double. The proof is that the price of bitcoin touched 68 thousand dollars in the previous cycle. Currently this price has been exceeded and is almost double that price. So with this, what should we worry about with the current price of bitcoin, unless you are a trader. Because a long-term investor in bitcoin will not worry about the price when accumulating. Therefore, think deeper and think that being a bitcoin investor is much better than being a trader.
If you are not financial buoyant, I guess buying in the low price is very important to long term investors because it will allow the person to buy plenty of BTC compare buying BTC in the high price when you don't have enough money in your account. We have nothing to worry about this current price because the bull run has spend long time in the market for investors to earn profit from BTC, and any moment from now, investors will begin to see massive dump that will make them to know that bear market is coming to take place soon. Both long term investors and short term investors use to worry about anything that happen in the market either positive or negative, because if the price dump very well, it will help long term investors to take advantage of the price to buy more of BTC even though you have bought before and you will still like to buy to accumulate your BTC more, and likewise short term investors, they will use that opportunity to increase their BTC in their wallets because is an opportunity for buyers to buy BTC, which they will definitely worry about the movement of the price in the market because every season that happened in the market make both long term investors and short term investors to worry for the next step to take.