I have bought or re-accumulated when BTC experienced a correction. And I think that it might be the final correction to that level. Because currently BTC has also returned to the price before experiencing the correction. But the most important thing is that we don't panic easily when a correction occurs and instead we have to make good use of this moment.
That's what I did by buying to continue to accumulate more bitcoins when the price corrected to $57K and now $64K at least by buying at a low price we get a little better price.
If the price is sideways for the future, maybe I will also continue to buy considering that the increase in bitcoin is now not too significant, meaning that the bullish is still long, our opportunity to buy is still long.
Of course, it is still too early to determine that the correction is over, because the halving period has just passed in the past few days and there are no surprises that might occur. I estimate that while the correction will still occur in the next few months there will be no significant increase, maybe Q3 will see that movement.
So there is still a chance to continue buying in the future and continue to prepare for that.
It's better to wait for the moment when a correction will actually occur, at that time to continue buying and holding.
- Actually, the correction is not over yet. I think that the correction is just starting because the consolidation that we can see here on the chart of Bitcoin on any trading platform will take a few months.
Just as of this moment, it is necessary for us to save every time we have the opportunity to buy coins that we think have the potential to give us earnings in the future.
I also agree with you about corrections, because I haven't seen it happen yet, and maybe it will happen in a while because currently the situation is stagnant.
Indeed, every Bitcoin movement is not instantaneous and requires stages and that, too, with corrections.
I agree, the timing can be done using an installment scheme or waiting until the correction has occurred. It's all up to the individual.