Some day in the future, you will realize that the best time to invest was not today, but some other day in the future, when prices were low. But with the information that you have today, the best time to invest is still today, because you do not know when prices will be low, and you do know that the longer you hold your investment, the more time it has to grow.
Toughts?
Doesn't really make sense to me but ok.
The thing is never get caught in a hype situation. When people say these things it is generally when something is going really well and everyone is optimistic. And when the price is going down and down by the day people tend to have the opposite notion - sell today because you never know where the price is going end up at tomorrow.
The more time it has to grow? I mean if you were investing in a currency,it isn't necessarily the more time the better.