What can you do aside from sitting and waiting

[fuguebtc]

Finally, a declining market is not a period to sit back and do nothing, but it is a time to establish some ground. Strict savings, Bitcoin revenue, and more knowledge are essential. We need to change our attitude regarding downturns to long term opportunity.
DCA is an outstanding approach to making the price swings less emotional and enables us to build the positions on a consistent basis without the need to speculate on the market bottoms.

If you have no money, you can actually sit down and do nothing; it's not a must that you should buy at every dip. We can just hold, wait, and not allow the market drop to affect us by panic selling. We should already be aware of how the market moves as holders and not start learning about how to survive every market situation when it's already there.

I believe that except for newbies, any investor know that when the market declines, it is an opportunity. It is not a secret and if we know it, there is no reason why others do not. However, each person's financial and economic situation is different. Not everyone has idle money in the bank that can be used all the time. That's why not many people like it or they decide to do nothing when the market goes down.

There are people who do not buy or do anything because finances do not allow it, not because they dont know how to take advantage of opportunities

[Lucky_V]

Finally, a declining market is not a period to sit back and do nothing, but it is a time to establish some ground. Strict savings, Bitcoin revenue, and more knowledge are essential. We need to change our attitude regarding downturns to long term opportunity.
DCA is an outstanding approach to making the price swings less emotional and enables us to build the positions on a consistent basis without the need to speculate on the market bottoms.

If you have no money, you can actually sit down and do nothing; it's not a must that you should buy at every dip. We can just hold, wait, and not allow the market drop to affect us by panic selling. We should already be aware of how the market moves as holders and not start learning about how to survive every market situation when it's already there.

I believe that except for newbies, any investor know that when the market declines, it is an opportunity. It is not a secret and if we know it, there is no reason why others do not. However, each person's financial and economic situation is different. Not everyone has idle money in the bank that can be used all the time. That's why not many people like it or they decide to do nothing when the market goes down.

There are people who do not buy or do anything because finances do not allow it, not because they dont know how to take advantage of opportunities

For financially challenged person there can do nothing but if you're in the position to grab this golden opportunity of bitcoin dip there's no better time to grab it than now ,many of us had spare money when bitcoin was $15k and now where regretting and hoping that this era won't escape from us without benefiting us .so dont  wait hopping bitcoin is going to hit $15k ever again so grab Ur opportunity and invest now .
The worst place to be is the regret zone and it's not far from where someone who as refuses to invest now will be .

[Bobrox]

I believe that except for newbies, any investor know that when the market declines, it is an opportunity. It is not a secret and if we know it, there is no reason why others do not. However, each person's financial and economic situation is different. Not everyone has idle money in the bank that can be used all the time. That's why not many people like it or they decide to do nothing when the market goes down.

There are people who do not buy or do anything because finances do not allow it, not because they dont know how to take advantage of opportunities

Great moment waiting for by many investor when market decline to buy back bitcoin and not worry or panic during the downtrend price of bitcoin, its greatest opportunity waiting for and won't loss that moment to buy as much as possibility. Personally is not easy for the beginner or new comer in cryptocurrency with small fund to deposit difference investor have much money and always have free money to buy back bitcoin during at lower price.

If your are investing in bitcoin with small fund manage well the capital not all in invest in bitcoin, left few percent the capital to buy back if market decline and you don't loss great opportunity when bitcoin at lower price to invest more.

[wozzek23]

Sometimes is not always save running after fast pay investment because must time it back fired, Bitcoin shouldn't be seen or considered as a fast means of making money because is not and shouldn't be approach that way,  however their are lot of online traps sprayed all over the internet space waiting for some greedy folks that are all out looking for any possibly means in making money, which am pretty sure they will be the once to fall victim of it.

However, if you must invest in Bitcoin investment then I suggest you choose the long term plan because that is were you experience absolutely peace in your investment plan.

It will back fire on us if we are not prepared like what he was talking there. By prepared, we should have a back up fund for us to not touched our investment and then we must study the thing that we are venturing first. Bitcoin is a highly volatile coin, so it is possible for one to use it to earn quick profits, whether it is through short-term investment or trading.

Investing in our own is not that hard at all, so it is sad that one will fall on the scammers hand and lose their hard-earned money quickly. That is more saddening than if they lost it on their own but either way, that should have taught them a valuable lesson and try to not repeat the same mistakes again.

[Jostern]

If I should be asking you that created this thread, why are you sitting and waiting? Is it that you’re waiting for the price of bitcoin to come down before you can start buying bitcoin, or you don’t know that you can start buying and accumulating bitcoin, immediately as you have a discretionary income, because the only reason why I think an individual would be thinking before getting started with bitcoin is because you have a different mindset and motive which is waiting for bitcoin price to come down, and the person who wants to invest in bitcoin also have a trading mindset of buying and selling bitcoin as soon as they come across profits, if definitely you are investing in bitcoin with the mindset of holding for a long term instead of short term, you will not be waiting for a price dip or waiting for whatever market price dip and conditions before you can buy bitcoin.