Hello great minds of this community, hope you all are doing well.
Today I came with an important question that has been bothering people in the crypto world and it is still a problem till today and the question is;
When is the right time to invest in crypto?
One problem most people faced in crypto is greediness, whenever they are winning they still want more. Let's take Bitcoin for example, last year BTC went down to $15K and people where still doubting, they didn't want to invest hoping it will still fall down to $10K due to the speculations going around. Now in their very eyes BTC moved upto $30k and now they are regretting why they didn't buy. They still have chance now but won't buy, when it rises to $60K then they FOMO(Fear Of Missing Out).
One thing you should know is that no matter what 1BTC is still 1BTC you should know that, don't wait for when everywhere is green before you start investing, develop an investment plan, make up your mind on when to buy and be patient till your target is met.
One of the best thing to save yourself from selling too early and missing the pump is to DCA (Dollar Cost Averaging) which means buying in bits, People need to DCA more often.
I would want to hear from community members on how they manage to successfully invest in crypto.
Thank you