Here is my answer on "Is it a good time to buy crypto?"

I was trading crypto in 2017/2018 cycle. Got in to late but got out without loosing any money.

I told my self back then that i woyld wait untill everything was down and buy again.

Time went. I changed jobs, moved to a house and so on. I totally forgot about crypto and my previous plans untill the covid crash in March 2020. I looked at the prices and laughed. I thought it was game over for crypto. I didn't buy anything because i saw no future for crypto at that point. Thats how the majority of people think and thats why most of us are not rich.

Learn the lessons people. When everybody think everything is gonna die thats the signal to buy.

Don't confuse it with buying falling knives though. There is a difference.

As it is now we could be way above the bottom because nobody at the moment think that crypto is useless and worthless. We still have many coins doing ATH. We are probably at local bottom and will go up soon again but if you want to get rich you should wait for the real bottom of the bear market. When almost everything is down 80-90% or more. Stock market is yet to crash.

I will try to do it right this time and be ready when the real fear hits. When everything looks worthless and nobody want to have anything to do with crypto anymore. That's when you buy. Then when it drops even more you go all in.

Have a plan and execute it. Do not trust your feelings because you will not want to buy something that was 1000$ at 1$. It will feel wrong and waste of your money but if you invest in the right thing itwill make you rich later.

Good luck!

/r/CryptoCurrency Thread