. It is better for traders to wait for the market to fall but not for holders.
It makes no sense waiting for the market, yes it's true that traders prefer waiting but that doesn't mean that they can outsmart the market by acting in such a manner. The best thing to do is to buy Bitcoin anytime your discretionary income is available and hold because that's the only way you can achieve something huge with Bitcoin, all other means that traders are doing thinking they can make a fortune from the market are just time consuming and less rewarding when compared with someone that accumulated a huge stash of Bitcoin and hold for a long duration like 10 years or more.
So in essence of what am trying to say is that waiting doesn't guarantee success, and it's a terrible way to accumulate Bitcoin.
I suggest you to clarify your position, do you want to be a trader or an investor?
This thread is specifically made for investors and it would be better to discuss investment here. Because discussing investment and discussing trading will not be the same and the advice is also contradictory.
For an investor, the main objective is not to make a profit, but to accumulate Bitcoin and accumulate Bitcoin according to the goal in his portfolio. Although profit is an integral part of investment, an investor earns several times more profit than a trader in the long run.
An investor does not need to pay attention to the market. Because he is accumulating Bitcoin, the price is not important to him. Even in the long run, this market volatility does not have much impact. Because the difference between today's market and the market 10 years from now will be very big. So, do not focus too much on the price and focus on buying.