The risk of waiting for an “extreme Bitcoin bottom”

A common idea during market downturns is to wait for a massive crash before buying Bitcoin. On paper, this sounds logical: buy when prices are deeply discounted.

In reality, markets rarely give perfectly timed entry points that everyone expects. Extreme price targets often become psychological anchors rather than realistic planning tools. When severe market drops happen, uncertainty and fear usually increase, which can make decision-making harder.

Bitcoin’s fixed supply is often discussed as a long-term fundamental factor. However, individual market participants approach accumulation differently. Some focus on gradual accumulation strategies, while others attempt to time large market moves. Both approaches carry different types of risk.

From a risk management perspective, it can be useful to ask:

If Bitcoin experienced a severe market drop, would you feel confident accumulating?

Or would market uncertainty make you more cautious?

Curious how others here think about long term accumulation vs trying to time extreme market events.

(Not financial advice — discussion only.)