As I check Bitcoin's price and see that it has surged to another ALL TIME HIGH, I feel both happy and SAD.
Why?
Because the more it surges higher and higher from here, the higher possibility that we may never have the opportunity to buy Bitcoin below $100,000 again.
My next major Bitcoin purchase will be below $100,000 IF we are lucky to see it there again.
You should have regrets for waiting rather than buying, yet of course, when to wait and when to buy are personal choices.. and hopefully you were not sitting on too much cash waiting for a dip that did not end up happening.
True Investment decisions are personal but waiting for a specific dip can mean missing opportunities. There is a possibility that the dip might not happen with the current movement of Bitcoin.
Well, we all have different strategies for accumulating but buying Bitcoin at a high price will not bring regrets if you hold for long. Not too long ago Bitcoin hit 100k and now it's even soaring higher which means anyone who bought at 100k price is already in profit so I don't see a reason why a person should hesitate to buy even at this price when we know it'll still grow higher.
That is a solid point....I am starting to realize that trying to wait for the perfect dip can make you miss out completely. Me still being a novice, I used to think that buying high was a mistake, but now I see that if you are in it for the long run, the entry price won’t matter much..... Itis all about holding and being consistent..... I am learning to just buy what I can and stay focused on the bigger picture.