What people seem to ignore or don't understand is that once we reach the bottom, no one will miss buying "cheap", because we will be trading at that level for several weeks before going up.
What people seem to ignore is that this is the manipulators' market. The price at any point in time is controlled to a large extent by the manipulators, otherwise known as the bearwhale currently.
No one knows when the price will be cheap. No one knows when we will trading at what level.
Who will know? The
bearwhale.