I'm still not sure if 17.5K was the first bottom corresponding to 5.8K in 2018, or the second bottom 3.1K in late 2018. Anyway, we should have some dead cat bounces to 30K-ish, or even 40K-ish before the next big bull run. Hopefully the tradition will be kept and we see 100K+ in 2025. Meanwhile, I continue DCAing but very cautiously. I wouldn't risk too much buying right now, since another big crash is quite possible in the next 1-2 years.
Unfortunately for me, I don't have the skills to sell high and buy low, so I actually buy higher than I've sold. I don't gamble of course, I sell only for what I need and plan to do. When I'm done, I use the new salary to replenish my stash albeit buying a bit higher most of the time. Because I don't want to gamble, I buy regularly with my fiat savings ignoring the current price movements.
In general, I'm dissatisfied with my stash, since I missed a lot of opportunities to buy under 1K and sell something above 50K. So, I will have to wait another 2 years at least for prices above 100K to pursue my bigger goals - buying a real estate and installing photovoltaic panels with asic miners. Thus I will not only have the profit from my Bitcoin stash but a regular income which will allow me to quit my job if I want to. But for now, I will not only keep my current job, but I am in the process of getting a second job. Both can be combined easily, since they are not physically demanding. So, if the price is below 50K until 2025, I will probably get closer to the number which is needed for my plans. I have a small reserve, just in case another crash happens, and then for sure I will get to that number.
So, even though I'm not a skilled trader, with the pre-meditated and pre-planned strategy, I am always theoretically in a win-win situation. But in the real life, my emotions can get in the way. I'm not talking about mindrusting during a crash, but rather mindrusting during a pump under 100K. For me, anything under 100K zone is a no go! Any mistake there and I can say good bye to all my plans and fail miserably. So, any gambling is out of question for me!
My situation is somewhat similar, I try to buy at the current price, regardless of the situation on the market. I'm not good at trading and I'm not good at waiting for the lowest levels to buy bitcoin, instead I buy whenever I can. Now I work more than usual so that I can buy more bitcoin, and besides the fact that I now have very little free time but sometimes I look for more opportunities to earn money, this may not be a second job, because I already work a lot.
I also think that we may not have been at the bottom yet and we are still waiting for strong failures, but I don’t think that the fall will continue until 2025, I think that in 2024 the market will already start to grow and until then we should try to buy more bitcoin. It's hard to say where the price might fall, but it doesn't make much difference to me, because I will continue to buy, as I do now. I can only say that if the price continues to fall, then it will be good, because I will be able to buy more bitcoin for the same money.
And my goal is very similar, I want my investments to help me become financially independent, and now I believe that this is possible.
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