In few words It's very essential for investors to approach cryptocurrency investments with caution, thoroughly research potential investments, and set realistic expectations.
We are not talking about shitcoins but bitcoin and don't use words to compare bitcoin and shitcoins because they are not the same and will never be the same in life. Shitcoins are created to scam people but bitcoin was created to give your financial freedom from government fiat entrapment. Bitcoin is a store of value overtime and a hedge of inflation which is the main reason why you should be specific with the world bitcoin because shitcoin is the opposite of bitcoin.
. I like that this thread is specifically about buy or sell
I believe that we hardly talk about selling in this thread but only buying and hodli for the future because bitcoin is worth piling up gradually through regular DCA accumulation than mere buying and selling. Buying and selling thread belongs to the trading discussion board. This thread is strictly on how to build and grow your bitcoin investment for the future. An investor in his accumulation stage should only think of selling when he has reached his over accumulation stage.
If one has his Discretionary Income + Backup Funds at his disposal, honestly there is no point waiting or talking about the perfect time
It's not a most to have your emergency funds and other backup funds available before you can start your bitcoin investment. You only need your discretionary income to get started and build your emergency funds simultaneously with your bitcoin investment when you have started buying bitcoin. Instead of waiting to build your backup funds, you should get started immediately because waiting is a wrong strategy and you will end up acquiring little bitcoin expensively compared to when you start right away without your emergency funds.