Quote from: woez on Today at 02:27:32 PM

Quote from: Shinpako09 on Today at 01:19:31 AM

That's a common scenario in crypto. They wanna ride the rocket when it's already flying, not before the engine is even turned on. Because the risk they can take is very little, they make sure to only ride the trend, but when they decide to join, the trend is near, if not at the peak already. After that, the trend dies down or goes back to normal. But if you believe in the coin, for example, BTC, just buy, accumulate more, don't mind the fluctuations, and hold it long term.

and Volatility is part of the Bitcoin journey. yes. That's right, especially for those who wake up very early in the morning, if they oversleep, they will definitely follow the market trend which if we look at the current market conditions is in a stagnant/sideway position and that is less attractive for those who are only after short-term profits. But what is interesting to me is whether history can be used as a basis, reference and guarantee for the future in this case and for another reason that is felt is that regulations are starting to enter this realm.

Looking for short-term profits is an enemy to effective and very profitable bitcoin investment journey. The market should not be attractive for a committed investor to buy, because his focus is on his accumulation target and consistent acquisition of bitcoin rather than how beautiful the market condition is on a short-term basis.

If you have found out that there is a possibility of the markets being favorable at some stipulated time of the day, or even days of the week, then you can take advantage by setting buy orders in a bid to catch such good prices even if they come by at your absence and get more allocation for the week for the same price.

Bitcoin investment has no guarantee, that is why you are advised to invest into it with your discretionary income, and the price history is only there for a reference purpose and not in any way a guarantee for future performance of bitcoin. Notably, bitcoin continues to perform well till this day which serves as an encouragement to us investors to continue to believe in it and cast a fair bet at securing our financial future by investing into it.