Nobody really no one knows the answer. :-) . There is no really any right time to invest.
People say buy or invest, when there is a dip. It's really and really very hard to do that. You cannot really time the market.
If you really want to invest and make real money. Invest small and do repeatedly whether the price is low or up. Just invest systematically and over a period of time, money cost averaging helps you to be profitable.
Advantages of Investing in Systemically:
No need to waste your Brain Juice :-)
No need to waste time seeing the market and get frustrated :-)
The best way to get started without knowing how cryptocurrency works.
Dollar or Rupee cost averaging helps you to be profitable.
I started doing the investment in Cryptocurrency via SIP's. Please share in comments if you are also doing that and share your experience.
Dollar cost averaging small equal amounts on a consistent basis is one of the best ways for anyone to gain exposure to long term investments (crypto, individual stocks, etc). Spread the bets out, forget about market timing, and sit patient for the long run.
BTFD (Buy the fucking dip, if your not in finance).
Seems like you watched Cedric Dahl's YouTube video today, huh? It is good advice but you really should give credit to him and not insinuate that this post was your original idea, Mr. "Brain Juice" :)
For those wanting to see the inspiration for this post, here is the video by Cedric today.