these are part of the mistakes our newbies engaged, because they are yet to fully understand what everything is about in bitcoin investment, as in knowing the best buying or selling point before taking any action.
Your statement here looks very contradictory and somewhat misleading most especially as it is directed towards the newbies who are desirous to venture into bitcoin investment, the reason I said so is because from your statement, it will seem as though there’s a specific time or point designated for a newbie or an investor to buy, accumulate and invest in Bitcoin and hodl for the long term goal . As far as I’m concerned, In bitcoin investment the the only time to buy and invest is when an individual is able to figure out a discretionary income to accumulate and invest with and that should be just the best time to buy and invest in bitcoin and not to wait for a particular bearish or bullish period. For an investor whose initial strategy is focused on the long term goal of accumulating and hodl, using a discretionary income to accumulate through the DCA method of accumulation, there’s no reason or whatsoever to wait for any point in the market before accumulating bitcoin, rather the best time is when the individual is able to get or figure out a discretionary income to accumulate with and hodl to gradually build up his portfolio. And again, In bitcoin investment you don’t have to wait to understand what everything is all about before you can invest, as a matter of fact you can never understand everything or know it all, the most important thing is to be able figure out a discretionary income and focus on your accumulation gradually and build up your portfolio to a certain level that fit your investment goal or target.