Bitcoin’s volatility is at record lows, which has often signaled a major move coming, but the direction remains unclear. Some expect a breakout, others fear a fake-out.
With uncertainty ahead, is now the right time to buy, or is the market setting a trap? Are we on the verge of a new rally or another brutal correction?
In best approach, there is no such thing like right time to buy, you buy whenever you have your investment money readily available because Bitcoin is volatile hence timing the market is a total disaster and more disastrous for no coiner or low coiner, if you wait for a dip it might not come or you can buy at a dip and it will dip further, but DCA strategy helps in making market decisions without timing the market.
The market is not a trap but yeah it will also test the faith of weak hands. But it could also be a trap to those who will overly get carried away to use money meant for their up keep to buy Bitcoin dip which is very wrong.