It takes courage to buy dips

Last year, I bought some ETH at the (almost) low of $120 each. Over the past year, friends, family and others have told me on countless occasions I was lucky that I managed to scoop it up for that price, that they were not interested back in the time but that they definitely would have invested if they were aware of crypto at that time. It was so much easier to be in crypto for me. The price was ridiculously low, everyone could and should've seen that.

The point is, it is extremely difficult to buy a dip if you're just a retail investor. Everyone's full of fear, red candle after red candle and you simply don't know what the future holds. In a bull market, everyone kicks themselves for not having bought earlier but when it is difficult, when your entire portfolio is red, those are the times that you have to be brave to sink some hard-earned money in a bloody market.

Also here on reddit during the past months if I've read countless posts about people kicking themselves for not buying last year and reassuring themselves that when BTC drops down to x percentage, they would most definitely buy. A bargain, literally. Most of them don't, full of fear. My friends and family who were convinced they would have diamond hands are now panic calling me how they withdraw their funds from Binance again (that's another lesson right there).

The thing I'm trying to say is that it's impossible to time the market, but don't call people who buy at dips 'lucky'. It takes courage to buy at long time lows, not knowing if the market is going to back up. It's much easier in hindsight, during a bull run. Remember this.