Buying Bitcoin During Fear Has Outperformed Buying During Comfort.

[Jubilee58]

During Fear or bitcoin market crash, the price of bitcoin drop drastically, and sometimes you see the price of bitcoin decline down to 70% to 80%. At this point, you also hear news in the internet saying Bitcoin will decline to zero, and you see the weak investors selling their bitcoin asset in panic while the strong investors buy at this very moment when the price of bitcoin crashes.
When it comes to bitcoin investing you must exercise patience, and ignore the noise before you will able to make good return.

For instance, as at the year 2020 during the CVID, Bitcoin price crashed drastically, and there was fear everywhere, and Bitcoin price crashed to about $3000 or there about, but by the month of November 2021, bitcoin hit an astonishing price $69000.

Those who need comfort in bitcoin investing buy at the top, while strong investors buy when there is fear .
In Bitcoin investing, the best profit can be made when you buy bitcoin when it felt the bitcoin market is in the worst situation.

What is your take on this?

[Hypnotizer]

Buying the dip has proven to be profitable but most people still do panic when they see a big dip and a continuous lines of red candies and that’s why the bear season might last long.

Good investment involves a lot, people on this forum have said this countless time and we’ve also seen it with our eyes but still some people don’t trust that bitcoin will recover and when it does they began regretting the opportunity they missed and begin hoping for another dip to enter the market, yet if there’s another dip they’ll still be the same people that wouldn’t buy.

Bitcoin has good potential and it has proven its Crit wrong on countless event and the “weak” investors who panic and exits the market when its red need to understand that the people that get profits from bitcoin investment aren’t “lucky” they saw opportunities and even though it seems somehow impossible at some point, they still grabbed it.

[DiMarxist]

It's called cashing in on the dip if you ask me, because real investors who understands how Bitcoin works especially it's long term rewards system. Buys when the price is down and when there is a panic in the market, this offers investors with the opportunity to even buy at a lower price because when ever there is a Panic in the market the price goes down drastically and intelligent investors use this time to their advantage.

[Callido]

We have gone past that stage of convincing people to hold on to bitcoin, its now about an individual perspective and analysis of the bitcoin market. Bitcoin does not need weak or scared investors, at whatever point in investing in bitcoin it should be about understanding the concept of bitcoin and the regular bearish periods that come with it.

Bitcoin has seen more worst times than this and many still held on to it, and those people never regretted their decision. It could be a hard time right now but its only a setback for more geater bullish run, we could watch to see how it unfolds.

[EL MOHA]

It's called cashing in on the dip if you ask me, because real investors who understands how Bitcoin works especially it's long term rewards system. Buys when the price is down and when there is a panic in the market, this offers investors with the opportunity to even buy at a lower price because when ever there is a Panic in the market the price goes down drastically and intelligent investors use this time to their advantage.

There is something about every investment and that is investing early, once you’re able to invest early you have an edge over the other investors who come later. This investing early doesn’t only means when the investment was at his beta stage but also during dips because it is during dips that you see many people getting scared and for any asset you have done your research on and have conviction about you jump in when there is fear in the market because by the time everyone is already into it you miss that advantage of getting more.

Yes DCA is my preferred investment strategy but also keeping aside some certain amount of money to buy the bitcoin dip is also a strategy one should add to his DCA strategy because there are certain market prices that can be revisited by the dip, missing out on them might be big blow except you don’t have money and you don’t need to borrow because it’s a bad act.

I agree with the  investing when people are afraid (fear)
Take caution when the market is greedy

[Webutxo]

For instance, as at the year 2020 during the CVID, Bitcoin price crashed drastically, and there was fear everywhere, and Bitcoin price crashed to about $3000 or there about, but by the month of November 2021, bitcoin hit an astonishing price $69000.

Those who need comfort in bitcoin investing buy at the top, while strong investors buy when there is fear .
In Bitcoin investing, the best profit can be made when you buy bitcoin when it felt the bitcoin market is in the worst situation.

What is your take on this?

I'm not sure if we are going to experience the 2020 covid market crash, it wants only Bitcoin, it did happened to different market including the stock market and because it was as a result of fall fear and doubt immediately everyone knew that it wasn't necessary for the fear, they went back and investors that has money went into Bitcoin investment and has never for one sell, some sold but majorly are still holding their Bitcoin investment.

What looks good is determine by patience, you can't get an excellent result with Bitcoin without been a patience person, those people that panic and sold because other people were selling will be in regret right now, because within their eye, the market went as low as possible and when it revive, it makes moves that are worse than previous place they fear.

[gracreavix]

Even as fear is present as an opportunity, most people don't take advantage of it. At the end, it's only the few that profit from peoples fear. The thing is that people know that fear creates opportunities and they don't make use of it. The problem is that fear blinds anyone from seeing the opportunity, but when one looks beyond that fear the opportunity becomes clearer. The most difficult thing is looking over that fear. That's the difficult part.

 Even with that opportunity, you have to be financially prepared for it. Most people are not that ready. And those that are ready buy when the atmosphere is at comfort. Even with all this, buying when everywhere is tense is one of the hardest thing. Your psychology can get messed up quickly. That's why building discretionary income is necessary.

Moreover, Comfort really is the enemy of progress. With comfort many people make delayed decisions or late decisions rather.