"Most people go in when the price is up, but the safest and most profitable moment to buy is when the price is down. It’s not rocket science..." ~Nayib Bukele, President of El Salvador. Remember, you make your money when you buy, not when you sell. #cryptocurrency #crypto #BTC #Bitcoin
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But of course one need do their due diligence and know something will go back up. Not that it necessarily needs to be said, and not that it necessarily applies to Bitcoin which is what he was referring to. But it's not a blanket truth. Some things drop for a reason, and obviously those are not things anyone should be considering buying. As it happens to be with all investing, a low price does not necessarily mean cheap.