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Most people will end up waiting for lower prices that will never occur and instead end up buying much higher

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I’ve seen this happen time and time year after year. A big drop happens, everyone loses their minds, most of you panic sell, and any bullish post starts getting hated on out of frustration. Imagine being bearish on an asset you’re literally invested in.

People are already calling for 40ks while we’re still firmly having trouble even breaking 57k down with pitiful volume. It’ll go up, every rally will be termed a relief one, and then we’ll be at 75k while your bids are still left at 45.

If you’re not buying during fear here, you’re clearly not a seasoned investor or DCAer, and likely won’t make it. It’s a tale as old as time

submitted by /u/btctrader12
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