Buying by implementing the DCA strategy in several stages is also good to do at any moment, but the problem now for some people is whether or not they dare to buy like that. Because some people are definitely more mindful of profits when they have bought and when they get a minus on the amount of money that has become cryptocurrency assets, some people no longer make purchases because maybe their courage is no longer the same as before they bought.
So this is what becomes an obstacle for some people when they want to buy continuously the same asset in different market conditions even though the strategy is very correct which does not need to worry about price declines which sometimes only last for a while.
it would never been that advisable.Speaking about buying time then this is mostly or should really be on the time that we do see that the market is really going down and not on when its pumping but if you are
really that after for long term then it wouldnt really be an issue no matter what price you did able to set in. Its up to yours whether you should be buying on a certain time or not.
It would be depending or according into your preference because not all would really be having that kind of confidence and courage on dealing up with a volatile market something like this.
Although if you wont really be taking up the risks then it would really be able to miss out opportunities to make some profits.
You cant really make out some rush decisions without having realizations and analysis because it would really affect overall profitability.
1. Buy when there's a market correction
2. Buy when everyone is really on fear
3. Buy if there's some positive news
4. Buy in accumulation since you are after for long term.
Best time to buy is when everything is still cheap. Doesnt matter if you are going for short term or long term as long it would be cheap
then you would really be that benefiting when market recovers.