Topic: Why you should never try to time the market bottom - page 2. (Read 233 times)
Crypto has no bottom and can never be predicted. That is a common mistake we make, we wait for more dips and fail to accumulate at low prices. I missed like this a lot. Most people become extremely worried when prices begin to fall and believe there will be further drops. When the price begins to recover, we end up buying. But when it became affordable, we simply waited. So, you should have your own accumulate zone where you can buy.
Many people will say that they don't trust YouTubers because it is not knowm by many people on how they came up with the idea that you jeard or know from them. You may say that they' have more experience than you which correct since they are already started trading before you found out about it. So, the scene I can think of is that you want to learn more which you would most likely to watch their streams but in the end, people like that also came from somewhere else where they also made mistakes but it didn't stop them. After all, mistakes are what made us experienced and also knowledgeable.
the people who make analyzes and share them on youtube are the same as those who share signals on telegram channels. there is no difference, what they share are only predictions and no one will ever know the truth.
each trader can just set their buy orders at will. there is no compulsion to follow others. but what I recommend the most, buy Bitcoin when you want to buy and have money. when there is a dip, estimate the price well and don't be too grandiose to see it crash very hard. if the price doesn't reach you, don't be too panicked to change your plan immediately, just wait because a downward wave usually doesn't happen in one or two moves.
each trader can just set their buy orders at will. there is no compulsion to follow others. but what I recommend the most, buy Bitcoin when you want to buy and have money. when there is a dip, estimate the price well and don't be too grandiose to see it crash very hard. if the price doesn't reach you, don't be too panicked to change your plan immediately, just wait because a downward wave usually doesn't happen in one or two moves.
If you're not a trader, trying to time the market is pointless and could eventually lead you to buying too late or selling too late.
DCA is one of the best ways to enter into a new investment. For one;
• You buy a different market periods and as such do not have to bother much about how expensive or cheap it is at a point in time,
• Also, you buy consistently and can easily plan your portfolio according to your salary or earnings, so you don't end up buyi g more than you can spare.
DCA is one of the best ways to enter into a new investment. For one;
• You buy a different market periods and as such do not have to bother much about how expensive or cheap it is at a point in time,
• Also, you buy consistently and can easily plan your portfolio according to your salary or earnings, so you don't end up buyi g more than you can spare.
you still trust your Youtubers?
People ever trusted YouTubers?
The truth about crypto bottom will forever remain unknown, you still trust your Youtubers? Well do not be fooled as everything that you've been told are mere predictions, something that may never happen.
In the last bear market I tried to time the bottom and I remained a sitting hand until the bear market was over, I was expecting more downside but I was wrong, I end up missing out, do not let the same happen to you.
Start buying the dips and waiting for more downside is better than not buying anything now because of probably more downside. You won't see a reversal coming.
In the last bear market I tried to time the bottom and I remained a sitting hand until the bear market was over, I was expecting more downside but I was wrong, I end up missing out, do not let the same happen to you.
Start buying the dips and waiting for more downside is better than not buying anything now because of probably more downside. You won't see a reversal coming.
Jump to: