Always look out for a good entry point

[Stalker22]

Sure if a certain person went all in on one purchase at $60k then we can say that he most probably just FOMO'd so it was somewhat a subpar move. But trying to buy dips could end up worse. Price dips? "oh this will drop more, I'll wait a bit more." lmao. DOLLAR. COST. AVERAGE.

Some people invest all their money into a coin, it is wrong though, it would have been better to have a simple but better strategy. One of the best strategy is to never invest all the capital at once, it is good to be on the safer side, example is dividing the investment capital into 4 and having a plan to invest some at a specific price and determining to invest more as the price falls. This has helped many people against doubts not to buy yet until they know they have missed the bull market.

There is always a risk for every investment, one should never get overconfident. At the end of the day, we do not know if this investment is right, we can invest too much and then get out or at the same time not to invest at all. Always have some cash ready at hand, wait for the right moment and you will have all the capital at your disposal to carry out the required action. You should be prepared for all the possibilities that might happen.

[Oshosondy]

There is always a risk for every investment, one should never get overconfident. At the end of the day, we do not know if this investment is right, we can invest too much and then get out or at the same time not to invest at all. Always have some cash ready at hand, wait for the right moment and you will have all the capital at your disposal to carry out the required action. You should be prepared for all the possibilities that might happen.

It depends on the plan, the bull run had come and there has been corrections, the price of cryptocurrencies have fallen, this does not mean there can not be more bear market, but now is a good entry point for people, not that they will invest on the coins at ones, there can still be more bear market but investing more as the price falls can help. If someone do it this way and wait for like 2 or 3 years, the person will make profi. There is nothing that is not risky but this type of risk is worth going for because the person will make much profit in another massive bull market which can take up to 2 or 3 years.