In my opinion, with the current market movement, Bitcoin is still relatively stable, the decline doesn't really worry me or make me scared and want to sell it. Instead of selling, it's better to add to our Bitcoin coffers while the price is still below $60k, that would be very profitable. . Using the DCA technique could be a solution to the current bitcoin price. Because maybe in the future or into next month the price of bitcoin will rise slowly, and it is also possible that the price will fall much further, but I think even if there is a decline it will not reach below $50k.
I also think like that, now is still a pretty good time to continue adding to Bitcoin coffers before the Bitcoin price returns to $60K. Because the increase in Bitcoin prices is marked as a price recovery that will definitely occur again this year, although this may be seen slowly. And I will also use this technique when I have money even though I always leave a little for my personal life because I always buy anything with more calculation. Including when I bought Bitcoin again in this good condition.
Well said. The recovery might be slow or a quick pump, no-one can predict we all just need manage risk and be open to uncertainties presents.
This is one of the best time to grow our Bitcoin Portfolio and have more stash of Bitcoin.
