In the past two days, many people have asked whether they should buy at the bottom. Here are the benefits and risks of several methods.
The best way is to buy when the price drops. For example, in the early hours of Sunday last week, I thought it had fallen to a low point, so I should have bought it. Looking back, that was the bottom. No one could buy at the bottom, so the relative bottom was very good. Even if you are worried about falling again, you must have a position, otherwise it will be very uncomfortable to miss the opportunity.
Method 1: Buy when the price rises. When the market trend is determined and fomo starts, you must bear the risk of a callback. The benefit is to continue to pull up and start making money. However, since the bull market is determined, the callback is only temporary, and it will definitely rise back and rise higher.
Method 2: Buy when the price falls back, and you will bear the risk of continued rise and higher prices. For example, Ethereum is now 2800. It rises to 3000. Whether it falls back to 2900 or 2700 depends on the dealer's dishwashing method and the market selling pressure, but buying at a low price can get higher profits.