Why Smart Money Buys When the Market Bleeds
Welcome back,
A lot of people keep thinking about investing at the right time, but what actually is the right time when it comes to investing in any asset, whether it is gold, silver, copper, crypto, or something else?
The right time is something that is mostly defined by your mental stability and your ability to control emotions.
If you ask me about the right time to invest in the market, I would simply say that the right time is when the market corrects and the fear and greed index shows extreme fear. This is the phase when people are scared to enter the market.
At this point in time, the market is bleeding and people are talking about Bitcoin going to zero.
There are interviews going viral where some big players are saying that the crypto industry is going to zero. But this is exactly the phase where you have the option to show your conviction and loyalty to the market.
Ethereum is currently trading around $2,100 to $2,200 USD, and people are still hesitant to invest. Most of them will wait for Ethereum to cross $3,000 USD, and only then will they start buying because of fear of missing out. This is how the cycle repeats every time.
You have to remember one simple rule, when everyone is selling, that is usually the best time to buy your favorite asset, especially if it has real world utility like Ethereum. When everyone is bullish and excited, that is when risk increases.
So in my opinion, the right time is now. If you are investing with a long-term perspective, you do not need to time the market perfectly. You just need to keep buying consistently. That is how dollar cost averaging works.
For now, I believe this phase offers a good opportunity to deploy capital slowly and wisely.
If you are a new trader, you do not even need to trade actively. You can simply become a long term holder and still make good returns by investing in top tier cryptocurrencies like Ethereum.
Thank you and happy trading everyone.