This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.
Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.
I think this happens more often to people who isn’t aware or who doesn’t have knowledge of Bitcoin investment, because anyone who has started investing in bitcoin already, will definitely buy more bitcoin when price drops depending on financial capacity and level of risk tolerance. Most persons see it as an opportunity to buy aggressively, thereby increasing their portfolio. Which ever way you buy Bitcoin is okay, in as much as you’re investing and plan on hodl for long term. But it’s alway advisable to invest with your discretionary funds, funds that are left over after all your essential expenses since Bitcoin is a volatile asset, and using DCA strategy which will help you buy Bitcoin either when low or high.
It is not really about been aware or having Bitcoin knowledge but rather it is about the mindset or mentality some have towards this investment ( Bitcoin), if someone invested in Bitcoin with a fearful mind that they might lose there money then there is every possibility that any slight change in the market will affect them and they will take some unnecessary decision because of what they already have in their mind. So it is better and good to have a good mindset towards Bitcoin because there is high possibility of getting a good return in the long term if been carried out properly.