Those who invested on March really have a really good profit now there's always a doubt when the price is low but when the price is high it's full of hopes.
Well that's most of the people thinking most of the time right now most of them are regretting about not investing before when the price is still low.
I'm not quite sure if it is too late now to invest on Bitcoin let's hope not so many people can still invest on it.

Indeed, at the time of yesterday, many predicted that the price movement in November could allow it to return to the price of $ 8600, but this was broken when PayPal agreed to cooperate with bitcoin.

Of course this is one of the things that has a significant impact on bitcoin price movements, coupled with the positive covid-19 vaccine which is likely to be applied in various countries.

This is a very human tendency. When things are doing well, they want to get in. When things are doing bad, they want out of it. That is the kind of attitude they are showing in their daily lives, even in Bitcoin. Or I mean the kind of attitude of the crowd, me included of course. That is why many of us are unlike the billionaires of this world. The billionaires are taking risks. While the rest are dumping with panic, they are acquiring with ease and cheap price.

We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.

That is a trend in the market, people are following others to buy and sell. Only those who believe bitcoin will rise at a certain period have bought bitcoin when it was $3k. But humans nature tends to greedy and not be patient. Fomo create new highs, a good thing for whoever buys at a lower price, even if someone buys bitcoin at the current price then wait for $20k, still a good entry point to make a profit.

Buy low and sell high is the best strategy to earn profit in bitcoin trading wherein every traders are eyeing to have some profit, big or small. These also provides liquidity and volume for bitcoin that's why it's the most traded in the crypto market. People intends to ride the hype with every move and good news for bitcoin that ignites the fire to buy whatever the price it may. Every opportunities to buy low and sell high is a great example of being patient and  a great trader.

Investing in bitcoin at 3800$ and potentially selling it at 16500$ or even more is exactly how we want to play it and earn a big amount of profit investing in bitcoin.

But I guess most of the investors would hesitate to even invest in bitcoin is the market is just going down at a certain point, you would always have doubts that the market price of bitcoin is just gonna continue to fall apart plus tons of bad news and articles online that would discourage you. Only believers and experienced traders would be confident enough to invest and hold at that point. And then vice versa when the market price is pumping. For me, you just need to believe in bitcoin and ignore predictions.

Also, it's difficult to invest when you have so many wants, this is also my problem when I'm just getting started, we just want to spend our investment, sell it already not being patient, and then end up not getting a profit.

This is the true mentality of each and every cryptocurrency user, whenever the price drops low automatically people's mind wavers out of panic. This is the reason why people always avoid to buy when the market is low and tend to buy when the market is bullish. Most of the traders prefer to make small earning out of the marginal fluctuation, while the people preferring long term holding go for low price buying.

The main reason is doubt. Ofcourse the best time to buy or invest is when the market price is low because it will generate bigger profit. But the question is, are you willing to take the risk of having no assurance of when will the price increase occur? There was the opportunity already early this year but many people still did not do so. Simply because they are having doubts and hesitations to do so given that the market price is low for more than a year and  everytime it gets a price increase, dumps will occur eventually leaving them not profit at all. Most of the people are aiming for assured profit since their resources of investment money.

That pretty much sums up all of the pump and dump events that happened in Bitcoin over the last few years. FOMO when they see Bitcoin pumping and FUDs when Bitcoin starts dumping again.


It's because people have this mentality that if it's trending, it is worth looking into since it attracts a lot people into it. They will feel that they are missing out into something so important that if they missed it, they'll regret it later.

Well we can't know when the price on bottom or peak, so if you can't buy in bottom or sell in peak it's not really hurt if you still get profit as your goals. IMO you can divide short term and long term goals while still HOLDing, sell small portion when you reach the short term goals and sell big portion when you reach the long term goals. You can also leave some few % for life time HOLDing.