When Bitcoin (BTC) rallies sharply it does not leave a chance to buy. Traders then regret missing the bus. They promise themselves that they will buy on the next dip. However, when the prices correct, fear grips the traders and they again miss pulling the trigger. While there will be many reasons for a fall, unless the basic fundamental reason changes, traders should continue to look for buying opportunities.
CEO & chief investment officer of Morgan Creek Capital Management Mark Yusko believes that investors should use the fall in Bitcoin to buy because the fundamentals have been improving over the past few years. He said that similar to Amazon (NASDAQ:AMZN), there has never been a right time to sell Bitcoin.