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.
Bitcoin investment is not a get rich quick scheme the main reason why most investors prioritise buying the dips is majorly because of quick profit. Investing in bitcoin with the hope or plan of making quick profit is purely traders mindset and not investors mindset. Any investor that starts accumulating bitcoin when it was around $100k and is talking of being in profit the person is not an investor but rather traders, they are purely in for short term profit.