Bitcoin Garden Forum

Cryptocurrencies => Trading => Topic started by: indianCrypto on June 29, 2022, 06:37:05 AM

Title: waiting to buy lower?
Post by: indianCrypto on June 29, 2022, 06:37:05 AM
People are waiting to buy lower, but what if you're wrong and this is the bottom?

You never know what's going to happen next.
Title: Re: waiting to buy lower?
Post by: CryptoboyRamesh on June 29, 2022, 03:28:51 PM
I do not yet believe the bear market is over though but it can be over at any time, even before the next massive bull time would still be some slight bull and bear markets. You can have investment plan, example is to divide your investment capital into 4, invest one after the other as the price continue to decrease.
Title: Re: waiting to buy lower?
Post by: Review_Master2 on June 29, 2022, 03:59:11 PM
It does look like we're taking a break from larger price movements in bitcoins price but there's still a good chance we'll end up going lower.

Most people that sell at these point will end up panic buying again though (especially newbies) if we form a lower low after a few years, we're likely to get near it again but most get to nervous of missing other price action and start buying at a loss (a lot do well out of it too, it was just a waste of time selling in the first place).