Buy when the price is low, sell when the price is high, everyone wants to achieve this in investment, whether it be securities or crypto. However, we cannot know which is the top or bottom of the volatility cycle. Especially, the crypto market is still young, a lot of knowledge in stock trading is no longer correct when it comes to crypto.
Many of my friends sold as soon as BTC reached $20K, and now they regret that BTC once reached $40K. I think we need more information & indicators to evaluate the market, and it makes perfect sense if we invest in the early stage of a up-phase.