Always have a plan.
If you buy Bitcoin here and it still drops to 50-40k, sure your entry could have been better but you will still have some Bitcoin when it goes to 150k+
If you don't buy any Bitcoin and wait until it gets to 50-40k but it never comes you won't own any at all.
Hindsight will always show what the best entry was but you simply don't know before it happens.
Playing multiple outcomes won't provide the highest upside but you will have upside at least.
BTCActivation price $64,355.28Direction LongType DirectionalTimeframe Long
Max Favorable +2.2%Max Adverse −0.4%ACTIVE
It might not look like it right now, but Ethereum is still extremely likely creating its next bottom formation.
At many points in history did silver, did gold, did ... All take plenty of time before leaving the "station".
"It's not the same"
Well, if you truly believe the crypto space is going nowhere and this is absolutely it I would maybe understand the argument.
But regardless of all the sh*t in this space. The memes, the vapourwere, the rugs etc etc
If we are purely speaking about crypto in general having any future at all.
Then Ethereum effectively stays the silver of our industry.
If Bitcoin is going somewhere, Ethereum will as well.
ETHActivation price $2,121.3Direction LongType DirectionalTimeframe Long
Max Favorable +0.9%Max Adverse −29.0%ACTIVE
While many people will say the altcoin charts have bottomed out or are running flat etc etc.
Truth is while this might technically be correct, that's also no argument yet for a huge reversal.
I see the entire world complaining about gas prices right now, rising electricity costs, not able to afford their rent, hell most are even struggling to just pay their grocery shopping list due to the extremely rising inflation every year lately.
So that must mean their next step is going all into alts right?
Luckily Bitcoin isn't reliant on this as it goes beyond retail right now and can effectively move up in time regardless of how poor we are.
But it's hard to really expect a FULL BLOWN altseason any time soon because of this.
We still have some correlation with Bitcoin going up however. But I don't see that happening really soon either (late this year maybe?).
Locally we can always see some pumps but I think economically quite a lot needs to change to get to levels people really dream off.

BTCActivation price $66,817.39Direction LongType DirectionalTimeframe Long
Max Favorable +24.0%Max Adverse −13.5%ACTIVE