In August 2011 an investor bought gold worth $1,880.50 and as soon as he bought it, the investment began to depreciate. The lowest the value of gold had reached since the time he bought it was up to $1,060.78 in December 2015. This investor was reassured, kept calm, and did not sell his investment out of fear, because he had already lost about $819.72. From August 2011, the moment he bought Gold, he waited 10 years to get his invested amount back with a little profit. Because it was finally in August 2020 that the value of Gold managed to reach $2030.22. This investor’s investment was crossing an appreciation of $149.72 after having invested $1880.50 10 years ago.

Why did I decide to tell this story at the beginning of the article?

We're Finally Back to $50K Again. Bitcoin has just broken the usual November bullish regime. And it's well known that many people follow the crypto market, but are always attracted to buying cryptocurrencies while the market is rising rather than while it's falling. 

It's like this: when the crypto market is down, most people call it a scam; when it's up, investors' phones are ringing off the hook, wanting to know if they can start buying.

Nooooooooo, the time to buy is when the market is down, so that when it goes up you can make money. That's why most of those who bought Bitcoin at $60K lost money, because they were inexperienced, went to buy at the $60K price and when the market started to fall, they sold for fear of losing.

"When you buy high and then the market starts to fall, what you see in your wallet is not a loss, it's a devaluation, sooner or later it will go back up and recover its previous position."

The market is rising and returning to considerable highs and it is likely that this time the price of Bitcoin will pass the highest high ever reached in 2021, will you make the same mistake or will you do it right this time?

The decision is yours.