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It somehow dangerous to buy at this point since we don't know how we end up at the moment so for now I will do hold and wait for another opportunity to buy since its good to accumulate once correction happened and also good to earn on volatility that's why by now its good to split our funds for holding and short trade since its quite profitable to do both especially the market is showing some good sign that it will take us to another level.
You are absolutely Right! Do you know how noobs traders like me lose money in crypto? We buy every time crypto breaks new ATH, and we do panic when its starts correction. Then we sell.
Its a quite funny right?
But, believe me, There is a lot of people who just heard about crypto but don't know how it works. Every time Bitcoin breaks its all-time high, Some people enter to the market and exit after a market correction.
The current scenario is different on past correction, There's already an ETF involved which a source tons of liquidity from non-crypto people that wants to enter crypto compared before that they need to go on crypto exchange just to buy crypto. We just need to wait for other Bitcoin to be approved so that many people can enter on crypto without any hassle from SEC guideline. Besides that we are all discussing about purchasing crypto for gambling so it doesn't if crypto is volatile or not since we can always convert our asset to stable coins after we play.
