The market keeps expecting the next big drop, and everyone is sitting with cash on the sidelines. Is it really that important to wait for a further decline and then buy on the way up? Your buys on the way up will be at the same price as they are on the way down.
My fear is that I miss this opportunity and ultimately have less Bitcoin when we’re back to rising prices. If you’re buying and holding Bitcoin for the long term, I don’t see any reason not to treat this period as accumulation time.
Bitcoin’s price hasn’t been this low for two years. This is a better price than any of the Bitcoin you bought in the last two years. I’m ready to accumulate more!