usually there is something of a dead cat bounce following the first major drop. you are right though, timing is everything and the odds are not in your favor.
Doesn't require incredible timing. Just set a low-ball bid with the expectation there will be dumping.
Don't let all the 'experts' fool ya. The greys is still a market influenced by supply and demand. It's also still a place where Bitcoin plays can be bought / sold...at least as far as BITCF is concerned.
The sentiment here on the board will help ensure I get a nice low price. You can realize gains of 400 - 500% rather quickly as a result of all 'this noise' and the behaviors it will influence.
Some will state stuff like it's facts...but I've already produced my examples here of other greys that have done well as trades. Just sayin. Don't let all the nonsense cause you to make a rash decision.