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.
Yes, many people do not dare to buy when bitcoin is experiencing a correction or decline, even though if we experience this without deliberately waiting for it, I think we don't need to think long, we must immediately buy bitcoin at that time. Because buying bitcoin while in correction is certainly a golden opportunity that should not be wasted. But it cannot be denied that until now there may still be many people who are too afraid to buy when the price of bitcoin is correcting and in the end do not buy bitcoin because the price rises again. Actually this is very unfortunate, because in my personal opinion the momentum or opportunity to buy bitcoin at this time is really very valuable.
So with this, if you don't want to bother thinking about prices up or down, it's better to just do DCA. Because if you are just waiting for bitcoin correction when going to buy, of course it is also the wrong action. Then when the price of bitcoin goes up and you don't buy too, I think it's also an inappropriate action. Because if we look at the price of bitcoin in general, I think the current bitcoin price is still relatively low. Because if we compare it with the next 10 years, maybe the price is 5 times what it is now, it could even be more expensive. That's why instead of unclear FOMO, it's better to start doing DCA instead.