We have a group of people, who don't buy Bitcoin when it's price is high because they think buying at higher price is risky. They also don't buy when price goes down because they start believing on negativity spread in the market. Bitcoin is not a new stuff rather it's almost 15 years old and we now have data that clearly tells how much gain we get if we continue to buy Bitcoin for 4 year or more. Those who are thinking of buying Bitcoin at lesser rates have ideal opportunity at there disposal to buy Bitcoin under 85000$. If someone is no-coiner and he is still not willing to buy then he will remain no-coiner forever.
I had a conversation about this with some people not long ago. When the price is high, they say they're waiting for the right price, but when the price dips, they get scared and don't buy. So when exactly would they buy? This is something that you can clearly see, that it always comes back up after it dips. We know that it's best for a long-term investment, so why are they scared? Deep down, we all know bitcoin will hit a new all-time high. The only problem is that we don't know when, so I don't see a reason why people should be scared to buy the dip
Haha, this is exactly what Ive been seeing too. The thing is, most people always think there is a perfect price to buy Bitcoin, but the truth is, that price does not really exist. When it dips, fear comes, and they go out. When it rises, they are still waiting for a better moment. Meanwhile, Bitcoin just keeps moving, doing its thing, ignoring all that hesitation.
The crazy part is, dips are literally the best chance to stack more without overpaying. But instead of seeing it as an opportunity, people panic and end up doing nothing. Deep down, everyone knows Bitcoin will eventually reach a new all time high, it is only a matter of time. The problem is, nobody knows exactly when that will happen, and that uncertainty scares a lot of people.
Honestly, the best approach is just to chill, stop overthinking every little swing, and focus on accumulating consistently.