This is a matter of psychology and self-control as well. After all, when it gets low, sometimes we think that it can still go down and a little more and a little more .. And then it rises and we try to catch a spaceship that is about to take off, but it was not going to take off
And if a trader knows when the right time is to enter the market, then this is a good trader and it didn't come to him immediately, but through the result of many mistakes and loss of money. Even with great experience, it is not always easy to know when to enter the market. This timing question will always be one of the most difficult
And the signals are a separate issue. They must be taken into account, but you should not rely - I agree with you
Well, that's why I enter when it is going down, not wait for it to go down more because I will buy again later on anyway, whenever I get my hands on some money I will buy bitcoin. This is why there is no need to wait, mainly every time I get paid, I end up getting my salary and when I get my salary I buy bitcoin with it, well not all of it but some of it.
This means that I may buy at the bottom (thankfully this month I did) and I may buy up, but if I buy up today, I may buy bottom tomorrow. That's why I am usually not worried about it, that's not a problem for me. I think it is quite important to remember that we could keep having some sort of results that change things in the end, I think that's a lot better and more important to do it that way.
Patience or simply emotion handling is really that very crucial on these kind of times on which this would really be determining out whether you would really be that making profits or not and this would be entirely
be depending on how you do make out decisions. Entries or positioning yourself within this unpredictable market is never been easy because we know that even though it is already that red and assumed out that
it is already the bottom but still there's chances that it would really be going down even more.I do have tons of experiences about positioning yourself into the bottom because you do believe that it is already the lowest point but in the end, it do keeps on going down and this is where you would be deciding on making up some DCA.
It would really be entirely be depending on how you would really be having that kind of approach and making decisions according on actual situation on which this would determine your experience
throughout the market.