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Cryptocurrency discussions / Re: Are you buying now?
« Last post by Gladitorcomeback on Today at 08:48:51 PM »I am not buying now because I am waiting for the final dump as i am already having my sets of good coin collection but i will not deny myself from buying again once bitcoin drops to 50k and below before the bull comes sooner.
Many might not agree but what you are doing is wise based on how the market is behaving currently. Even though we are passed the halving event and the market generally goes up after this point based on historical data, there are no clear signals as to which direction the market might move next, so those who have bought their favorite assets earlier and are holding, they don't need to be in a rush and buy more before the market makes a clear move.
This way, if the market starts going up, you have nothing to worry about because you already have some cryptocurrencies to give you good profit, and in case the market takes a plunge and goes down, you will be able to buy and add more to your bag, so it's a win-win situation if any of the two happens.