This human greed and fear is so simple but manages to get most of us all the time. I still remember very vividly when the bull market was here and unstoppable. Everyone was going crazy and mortgaging their houses to go all-in into BTC. There were many people at that time stating that they would have loved the opportunity to buy it cheaper. They would have loved to buy BTC at 30K value, but look at it now, still below 25K.
Now that the opportunity is truly here, most of them are already gone or have stopped DCAing hoping to time the bottom. There are people hoping for a huge dip then to get in. I have heard people saying that they are waiting for BTC to hit 5-8K range. I cannot tell the future but I rather DCA than risk missing the bottom. It is not impossible to time, but it is very unlikely.
There is this saying out there.
Time is the market always beats timing the market.
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