We had 4.5 months at the bottom in the $3000s. Smart money was filling up the bags. But I saw plenty of people on here adamant that it would continue crashing to 2000s or 1000s or some ever said it'd drop to like $800 haha. I remember arguing with someone that people need to be buying the bottom ($3000s) to get the best deal, and he was arguing that its better to buy higher later on once it has started going up (makes no sense to me!).
I confess that I was expecting to see the price drop below $3000 to buy, but I wait for the price to fall below $3000 because I read many opinions of these analysts on the news channels. I know, I was naive. but what could I do? the price had stagnated at $ 3200, it was more than enough for me to believe these analysts, but I regretted having believed them. If I had bought it when the price was $3000, by that time I would have made a lot of profit.
So to all you who refused to buy at the bottom
I've long heard people discuss where the bottom was and no one could tell where the bottom was
are you buying now?
I'm raising money, but I will buy at that price to hold for the next few months
Are you still hoping for a magical 50%+ drop from these prices?
No
Will you wait for like $7000 or $8000 or $10,000 before you start buying?
No