FUD schemes from exchanges are unavoidable but we hope that this year we will receive worse FUDs to be completed soon and no more after the new year begins. We want to see positive trends re-emerge and not become a panic status for investors but I don't think investors will sell their holdings in the holiday season it's too cheap to sell so it's better to hold on than to sell.
For the last few days we have been below $16.5k in my prediction the odds are back at 20k or so down to $13k all having the same bubble.
If it still drops to $13k then it will be the lowest point of the year and the best opportunity to enter with the remaining money. We hope that all markets can recover and this year's FUD can be completed so that after the new year begins the bull market will decorate the new year. Maybe this Black Friday will be the last bearish season, Black Friday is a discount day where history in bitcoin the previous year became a discount moment for everything including bitcoin.
currently holding on and not selling cheap is the best choice rather than having to sell at a loss, and having reserve money for buybacks would be very good to get the cheapest price.
I have entered when the current price even if bitcoin goes to $13k then I have also prepared the spare money to buy back but I am trying to stick with the current price because this is what support point I have analyzed.
Black Friday is a very big discount including bitcoin that is also for those who dare to buy, if there is only panic in them then it is difficult to buy it so let them in whenever it is clear I have prepared to hold on and not sell, I will continue to hoard as much bitcoin maybe what i can.
Lowest indeed but I doubt that it would be the best point to enter. If you have financial resources then it will really be but if you are a small time investor then that would be crucial. Some people migh lose interest 'coz issues come after one another. What I'm trying to point out is the difficulty of climbing up if price will be too low. therefore if you'd enter at its bottom, there is a tendency for your money or investment to be dead for a year or more than that depending on market behavior. My perfect timing for entering investment in crypto is the time a clear price direction can be seen.
For those who lost interest maybe because there was doubt or panic when they bought at $16k and then the bitcoin dropped to $13k, that's where they became afraid or maybe other problems could be affected.
I have entered the bottom but not the trend but we are buying from an intentional basis for the long term so even if the market has been bearish my investment died during the market crash and it was difficult to recover for several years we don't mind about that because i buy as many bitcoins as possible from the lowest price for a 4-5 year period.