01-24-2022, 07:19 PM
You will know when the bottom is after you miss it
<!-- SC_OFF --><div class="md"><p>The only way to know when the bottom is, is in hindsight after you have missed it and see everything start to gain in value again. </p> <p>So to those trying to time the market and not buying till the very bottom it is very likely that you will continue to wait for cheaper and cheaper prices and may very well wait for a price target that may never arise.</p> <p>This is exactly why you should be DCAing slowly into the market and keep buying more as it dips. Many people call this catching knifes but if you’re smart about this I call it catching cheap sats. You may not time the exact bottom with this strategy but you will likely get close and when the inevitable market reversible occurs you will be happy.</p> <p>I will admit the market looks bearish and I do think there’s a lot more red to come so I’m burning up the fiat miner and DCAing into my Cryptos of choice. I suggest you all do the same.</p> <p>Especially if you were rushing to buy in at ATH and now your Crypto of choice is half the price it should be 2x as attractive, assuming your investment philosophy has remained the same and nothing has changed about the underlying asset.</p> <p>Happy Dip Buying! Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Many_Arm7466"> /u/Many_Arm7466 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sbks0k/you_will_know_when_the_bottom_is_after_you_miss_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sbks0k/you_will_know_when_the_bottom_is_after_you_miss_it/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The only way to know when the bottom is, is in hindsight after you have missed it and see everything start to gain in value again. </p> <p>So to those trying to time the market and not buying till the very bottom it is very likely that you will continue to wait for cheaper and cheaper prices and may very well wait for a price target that may never arise.</p> <p>This is exactly why you should be DCAing slowly into the market and keep buying more as it dips. Many people call this catching knifes but if you’re smart about this I call it catching cheap sats. You may not time the exact bottom with this strategy but you will likely get close and when the inevitable market reversible occurs you will be happy.</p> <p>I will admit the market looks bearish and I do think there’s a lot more red to come so I’m burning up the fiat miner and DCAing into my Cryptos of choice. I suggest you all do the same.</p> <p>Especially if you were rushing to buy in at ATH and now your Crypto of choice is half the price it should be 2x as attractive, assuming your investment philosophy has remained the same and nothing has changed about the underlying asset.</p> <p>Happy Dip Buying! Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Many_Arm7466"> /u/Many_Arm7466 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sbks0k/you_will_know_when_the_bottom_is_after_you_miss_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sbks0k/you_will_know_when_the_bottom_is_after_you_miss_it/">[comments]</a></span>Kind Regards R