Many first-time buyers of crypto (and traditional assets) won't know when to buy, so they buy whenever. Soon they realized they bought at the wrong time, and that's when they get gripped by fear. When the bear market arrives, you know what happens next.
It's important for any first-time buyer to stick with their investment (or speculation) long enough for the bears to go back into hibernation so that the bulls can run through the streets. With enough time, the prices will return and rise further.
The best time to buy is in a bear market, but first-time buyers don't know how to time it.
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