Everyone wants to buy at the bottom. Nobody wants otherwise. But in the cryptocurrency market, there must be a long bear market to buy coins from the bottom. It's really a wait that takes patience.
That's why I see the days of big market crashes as a better opportunity. On such days, I buy valuable assets such as Bitcoin & Ethereum and sell them at the first positive reaction. I try to buy when everyone is selling, and to sell when everyone is buying. I'm not 100% successful, but my tactic mostly works.
Many are happy with the current situation, many are waiting this time for a very long time. Buy the dip, buy the dip...but as the moment has come, many dare to refuse, they instead wait for the price to reach the bottom that somehow we don't know if that really comes. And this is the reason why many still blame themselves for missing the opportunity.
Well, the reality is that only a few people take the risk buying this time than those who are waiting for the price to start to recover. But the good thing is that we've never heard of panic selling which is relatively helping a lot for the price not to drop more.
I am also sometimes confused by the desires of many people who are always waiting for the market to go down in order to buy potential coins.
But when the market has fallen quite deep as it is today, there are still many who are hesitant to buy the coins they want. Because honestly it is
quite difficult to determine the lowest price, because the crypto market is very volatile, so it often moves not according to our predictions.
So it's better to buy coins at the current price, which in my opinion is quite low, but make sure to buy gradually. So when we buy coins the price
goes down, we can still buy again at a lower price. The most important thing is to make sure the coins we buy really have a bright future, so that
we can generate large profits in the future. Instead of waiting for the price of coins to be really low, we can regret missing the opportunity to buy
coins at low prices. Because there is a possibility that the market will recover in the near future, so sometimes to be successful in the crypto world,
we really have to be willing to take risks.