What it's like buying cryptocurrency right now.
The bull may have brought out the sun but I can still feel the humidity from the bear rain.
Internal dialog at the moment: Crypto is looking good, better buy some more. Wait, what if it goes back down again? I am sure it's taking off for good this time though. But what if it's not. But what if it is? Maybe I'll just buy a little bit for now. But if I wait a day, maybe I'll get it at a better price. Although it may keep going up and ill end up paying more. But I doubt it will go back down to the previous lows again. Wait, it could go lower. But what if it goes higher? Screw it, I am going to buy... Tomorrow... Or maybe I'll wait a few days and see what happens. No, I better buy it now while I can... But what if?
The struggle is real right now when considering buying more crypto, given that the recent rise seems too good to be true. I am sure everyone can relate to this and is having some serious thoughts about reassessing their buying point. I know I certainly am and can. Anyone else having these thoughts just about every day?
i'm basically thinking the same thing, but I think we will have some serious movements in the next week... ;)
If you bought during the ATH it might be good to dollar-cost-average now, but that's just my opinion.
Check out my article on that topic: https://steemit.com/cryptocurrency/@themaex/bitcoin-price-follow-up-on-recent-price-leap
Agreed, the next few weeks are really going to test a lot of people’s stamina when it comes to both buying and selling. Thanks for sharing the article, I’ll check it out!
I feel the struggle, been questioning that myself. However I do believe the bear market is over and we are safe to buy. At the same time you should never go all in, best way is to average in slowly. BTC will never be this low again according to my analysis. We need to take advantage while we can, I'm not a financial advisor this is just my personal opinion :)
I totally agree with you. It’s just my inner cautious self that doesn’t want to believe it. Then again, I guess I would have never entered the market if I had given into it in the first place. Good advice though.
No problem :)
Followed and Upvoted, Keep up the good work and looking forward to more from you.
Much appriciated!
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