Should I be buying more?

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Hello friends am happy to be back in your faces. I trust you're all good. Welcome to my blog once again.
Today I will sharing my thought about the caption for this post which is a direct question. "Should I be buying more?"

Well before I go straight into answering this question I would like to first acknowledge and admit the fact that this season has really been a very difficult one especially for those who ain't really traders but holders.

Traders are still manipulating their way through the market and are scooping in some amount on regular basis. I mentioned in my last post that people are still making real profit in this bear market. For the fact that the market is not trending upward doesn't mean people are not making profit.

You only need to learn how things work in this space and then leverage on your knowledge. Knowledge they say is power, you need to go for prerequisite knowledge if you must stay on top of the game both in the rising and falling market.

Now back to my question. Should I be buying more? This questions could be born out of frustration or curiousity. Many are really not happy with the current phase of the market especially newbies who might not have really experienced how the market moves.

The fact it there is always opportunity both in the bullish and bearish season. It therefore mean as frustrating as this market might be to holders, there are still opportunities to tap from it.
Before Bitcoin fell, it ATH was around $69k which might be way too expensive for most investors.

In fact it is not even safe to buy at that point (technically) that's like the top and it because it might take time to realize tangible profit from it as price will definately undergo correction. That's been said, let me get back to my analysis... From the ATH it fell down to $19k which is the current price as at he time of writing this post.

Now Bitcoin has a very huge influence on other coin as well, when it fell,other coin crashed along with it which therefore means other coins are now less in value due to the fall of the mother coin Bitcoin.
I want you to understand a fact in crypto that price are not static and no trend is permanent, it can only take time for it to change.

What am saying in essence is that the current trend is definately going to reverse in the upward direction (bullish) and there is a tendency that price can create a new ATH which would exceed the former one.
Having known this fact, the question now is how do I then prepare for the change in trend which will certainly occur?

The answer to this question will equally answer the question we started with. One of the viable way to prepare is to buy the dip...buy more, smiles. Yea! You just heard me. If you followed me from the start you would notice I said the prices of coin are far less than what they use to be and are very much available to be bought in large quantity.

If you've got some amount you can afford to lose like we usually advice in crypto,you can put that in and watch it grow exponentially when the trend eventually change in your favour (bullish). By this time you would be making Seemless profit just by buying when price was very low and very affordable.

Don't stop buying if you have more money to spare, do not be blinded by the current state of the market. It's is not permanent,it is only for a while and then we all are going to be smiling soonest. Thanks for following my post up to this point.

However I would love to know your thought and opinion as touching this subject. So feel free to share with me in the comment section

Kindly note that this is not a financial advice, this is only for educational purposes. You can always do your research like I've always told you before taking any financial decisions ad far as this space is concerned.

Gracias
@lhorgic♥️