well Said, the bear market is the best time to buy , alot of people with less knowledge about this space are always panicking whenever there's a dip . Due to not wanting their money to get stuck. So whenever there's a dip buy more if it dip again purchase more, mostly when it come to bitcoin. Because the more you buy during the bear market the more profit you gonna make when there's a bull market.
From what I have concluded after about ten years since I became seriously interested in Bitcoin and cryptocurrencies, in general people still do not believe that Bitcoin is something so to speak
"legitimate" and they constantly expect the whole thing to fail - and accordingly they do not want their money keep invested in Bitcoin for too long.
The
"quick in, quick out" method is therefore still practiced by many, but it is still a matter of personal choice for each individual. I will not say that the value of Bitcoin is not something that does not attract me, but Bitcoin is still much more than that and I hope that people will start to appreciate what Bitcoin actually exists for.
~snip~
They want to catch the falling price at the very bottom, but they don't know what price they will start to invest. They will wait again and again. This has been a cycle ever since.
I remember when the price dropped below $20 000, how many were there who hoped to buy BTC at prices lower than $10 000, but one should be realistic and not too greedy and invest when the price drops without waiting until infinity, just like that it is wise to take part of the profit when the price rises and not wait for some kind of price that may not happen.
Indecisive people in the end mostly stay on the sidelines and watch and later regret it, but that is something that is an integral part of the world we live in.