Rabata
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May 20, 2024, 11:25:48 AM |
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I think even if you have one job, you can still do DCA and buy Bitcoin through your salary but you need to budget everything to the tee so that you won't touch your investment and just continue to do it day in day out. And with that it's going to be a hard grind for us average investor. But for me, it can be done though, going to be hard but possible to accomplished to start during the bear market, accumulate up to this day thru DCA. But as others have said with this strategy, you really need to be prepared and have the patience and. As for the question of the OP with regards to the correction coming, we are still trading sideways after the halving and did dip to $57k'ish so that could be the best time to buy.
Setting aside some money to buy Bitcoin using the DCA method is very good, but we must still be smart in managing our financial conditions. If it is going to be bearish then it is better to collect money in USD first. After that, wait for the Bearish time to arrive and buy as much as possible. However, we also must not regret it when the bull run comes before the bear run occurs. Because that is one of the risks of the decisions we choose. An investor must first set his goals. There are many who want to collect bitcoins but they take time to take decision. An investor must have a long-term plan when it comes to investing in Bitcoin. If he can profit from Bitcoin in the short term that is up to him. Every investor must keep in mind that Bitcoin is a volatile currency that can drop in value at any time after investing. Although this is a common occurrence in trading platforms, there are many who rely on price drops. Bitcoin price is currently in an upward trend which may correct at any time. Instead of panicking during this period, plan how to exploit the volatility to accumulate more assets. The price will correct and move upwards again.
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MiF
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May 20, 2024, 09:12:23 PM |
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Hi all! We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good. It was consolidating for so long now! Please share your thoughts on to when another correction may be expected? Thank you and have a good day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No one knows when the correction is coming that is why we need to be always prepare for the possibility, because all we can do is just speculating but in reality no one knows when correction, bull or bear season etc., because if we know this all season were come we maybe become a millionaire already.
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milewilda
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May 20, 2024, 09:57:40 PM |
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I think even if you have one job, you can still do DCA and buy Bitcoin through your salary but you need to budget everything to the tee so that you won't touch your investment and just continue to do it day in day out. And with that it's going to be a hard grind for us average investor. But for me, it can be done though, going to be hard but possible to accomplished to start during the bear market, accumulate up to this day thru DCA. But as others have said with this strategy, you really need to be prepared and have the patience and. As for the question of the OP with regards to the correction coming, we are still trading sideways after the halving and did dip to $57k'ish so that could be the best time to buy.
Setting aside some money to buy Bitcoin using the DCA method is very good, but we must still be smart in managing our financial conditions. If it is going to be bearish then it is better to collect money in USD first. After that, wait for the Bearish time to arrive and buy as much as possible. However, we also must not regret it when the bull run comes before the bear run occurs. Because that is one of the risks of the decisions we choose. An investor must first set his goals. There are many who want to collect bitcoins but they take time to take decision. An investor must have a long-term plan when it comes to investing in Bitcoin. If he can profit from Bitcoin in the short term that is up to him. Every investor must keep in mind that Bitcoin is a volatile currency that can drop in value at any time after investing. Although this is a common occurrence in trading platforms, there are many who rely on price drops. Bitcoin price is currently in an upward trend which may correct at any time. Instead of panicking during this period, plan how to exploit the volatility to accumulate more assets. The price will correct and move upwards again. When dealing up with crypto investment then you should really be setting up your own goals whether you would really be going for long term or short term on which this is something that you would really be needing up to consider on when to get out and when to get in but if you are someone whose going for long term aspect then any entry point wont really be that an issue. People would really be always loving on hunting with that significant correction on which we know that when it comes to this scenario then its something that cant be known. Now that we recently reach up 70k price point on which no one see this coming considering that we've been playing around 62-64 but here we are now on trying ot break its previous ATH on which its something that very interesting to see on where market would really be that going. If ever you would be having those plans on DCA then better keep on saving up some fund for that because it would really be that so impossible that you wont really be able to see those corrections coming. On the moment that it would happen then you do already have the money or funds that you could really be that make use of for DCA. Although not everyone would really be having that confidence on making out such option on which there would really be those people who would really be that skeptical on making out such decision just because they are really that being too positive or bullish all the time with Bitcoin but well you cant blame them though.
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Gaza13
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May 21, 2024, 10:31:54 AM |
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This is good advise for those that have multiple source of income, they don't have to wait when they see opening to DCA when price drop at any point that they want from correction but this is not easy for some even when they know it is right time to buy but they can't afford to throw in more money that will be stocked for some time that may not be estimable. So to DCA, you really need to have lose money because you just have to be accumulating maybe without profit insight.
If we have done dca that month, and see a decline in the next few weeks, we should not force ourselves to buy again. Look again at your daily needs or sufficiency, if it is not sufficient, it would be better to do the DCA next month, we don't need to regret buying it again because we see the price has decreased. Indeed, sometimes dca makes us lose money if we buy at a higher price like now compared to last week. In my opinion, even though most people use this technique, dca makes us get the best average price in investing. Remember, if we want to get optimal benefits, we need a long time to get it.
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█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
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lixer
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May 21, 2024, 02:14:52 PM |
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After briefly dropping below $66k, I hope bitcoin can return to maintaining support at $66k when it recovers. The market has been very greedy lately, the fear and greed index shows that the behavior of traders in the market is bearish, but I hope this is only about today.
I certainly don't expect a big price drop this year, but it is possible next year especially if bitcoin has reached the peak of its bull run. I expect a big increase until the end of the year, but trading data and past market behavior in different months will have little influence on traders' interest.
Great that your hope is answered very quickly because I just checked the price and it was now on $66k something again. Didn't knew that market can be greedy too? All the times I thought it was only us people who are like that but it can be because it is in a bearish mood and we know that people can also FOMO during it. Even though the months are still long this year, I think I'm still with you about that increase than the decrease because we haven't witnessed the potential of the halving yet but it's also possible for it to get delayed and will occur instead by next year or so. Traders use the market data, and their interests or actions can vary depending on what they see.
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Bravut
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May 21, 2024, 03:10:39 PM |
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This is good advise for those that have multiple source of income, they don't have to wait when they see opening to DCA when price drop at any point that they want from correction but this is not easy for some even when they know it is right time to buy but they can't afford to throw in more money that will be stocked for some time that may not be estimable. So to DCA, you really need to have lose money because you just have to be accumulating maybe without profit insight.
If we have done dca that month, and see a decline in the next few weeks, we should not force ourselves to buy again. Look again at your daily needs or sufficiency, if it is not sufficient, it would be better to do the DCA next month, we don't need to regret buying it again because we see the price has decreased. Indeed, sometimes dca makes us lose money if we buy at a higher price like now compared to last week. In my opinion, even though most people use this technique, dca makes us get the best average price in investing. Remember, if we want to get optimal benefits, we need a long time to get it. Yh, long term view in the market. I think DCAing approach isn't complicated. It gives us room to buy at every dip (market situation), every time we buy we are still in profit because it counter trade if am looking from your view of losses in DCA. One thing we should be aware is that we use Discretionary funds to invest which we also avoid exhaustion when investing. The goal should just be accumulating, and hold with a strategic plan driven with a target and also ensure re-investing this will shade us from unnecessary fret in the market. Am not being too optimistic but Bitcoin have proven itself, the market is volatile and price fluctuate but we just need understand the value of Bitcoin.
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EarnOnVictor
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May 22, 2024, 12:30:22 AM |
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However, waiting when to invest is more likely a waste of time and opportunity. You could have invested that using your own extra money and just wait when the price will prosper. After all, bitcoin is a long term investment so one should not rely much waiting on bitcoin to fall on its dips, but learn to invest on the money that you can afford to lose regardless of the price.
This is good advise for those that have multiple source of income, they don't have to wait when they see opening to DCA when price drop at any point that they want from correction but this is not easy for some even when they know it is right time to buy but they can't afford to throw in more money that will be stocked for some time that may not be estimable. So to DCA, you really need to have lose money because you just have to be accumulating maybe without profit insight. What I can say to what you narrated is the fear of the investors and the lack of preparedness of the investors. Now, the lack of preparedness could be from many angles, and it could be by the scarcity of resources, the lack of a plan on what to do exactly and the lack of the right psychology towards the investment. I do not see prepared investors that will not strike at the right time and at the right price, especially if the market had just retraced which is the best we are all waiting for. Fine, the fear could be there, especially this time that Bitcoin has increased in price so well, but with the right guidance through real-time analysis, the investor should know the right time to strike the market bravely. The avoidance of such unique bravery was the reason for the DCA approach in investments, so why again should the person still be afraid to commit his money to the investment? If it were to be trading, I would understand this quite well, but investment is safer even as the money you lose now can be gained back in the nearest possible future. This is not to mention that we are in the bullish season now and no matter the wrong one does in buying Bitcoin this season, the bullish bettors are still always right in the long run. Above all, anyone trying to use the DCA approach in Bitcoin investment should do it strictly, the investment pattern is straightforward and will always average the risk of any investors using it.
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Ben Barubal
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May 22, 2024, 02:18:15 AM |
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Hi all! We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good. It was consolidating for so long now! Please share your thoughts on to when another correction may be expected? Thank you and have a good day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well, right now, there is another rally in Bitcoin. Of course, I'm monitoring him to see how far the manipulators, who are the whale investors, will take profit. And when I confirm that there will be another correction, I will also sell other crypto assets that I have. You know that when there is a rally in Bitcoin, the top altcoins in the market will also rally; that's just what happens in the game here in crypto trading. Therefore, the correction will surely happen at the second time around this bull season that we are facing it now.
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martinex
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May 22, 2024, 05:41:00 AM |
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Corrections occur if the selling action from whales is high and if you want to follow and know, wait and follow developments in inflation data from the US on book rates. If it is positive, traders or investors usually make a decision whether to increase their load or sell it temporarily. if the news is unfavorable there will automatically be an increase in sales of ownership assets, in this case the BTC they hold.
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beerlover
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May 23, 2024, 06:49:23 PM |
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This is good advise for those that have multiple source of income, they don't have to wait when they see opening to DCA when price drop at any point that they want from correction but this is not easy for some even when they know it is right time to buy but they can't afford to throw in more money that will be stocked for some time that may not be estimable. So to DCA, you really need to have lose money because you just have to be accumulating maybe without profit insight.
If we have done dca that month, and see a decline in the next few weeks, we should not force ourselves to buy again. Look again at your daily needs or sufficiency, if it is not sufficient, it would be better to do the DCA next month, we don't need to regret buying it again because we see the price has decreased. Indeed, sometimes dca makes us lose money if we buy at a higher price like now compared to last week. In my opinion, even though most people use this technique, dca makes us get the best average price in investing. Remember, if we want to get optimal benefits, we need a long time to get it. Yes, there are so many times price goes down and that means people sell, when people are selling that is exactly the time to buy, that is why fear/greed index is so important, usually greed part of it is not that great because when it goes up it says it is at greed but usually it can go up even more, because we go up insane levels. But the fear part is right, whenever people fear and sell that means that we are going to end up with a good situation so I end up buying, and that is almost always right. The reality is that we are going to do fine, and shouldn't be worried about having anything else. I believe the best we can do could be something that would work out very well in the end, and shouldn't be something we worry at all.
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poodle63
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 24, 2024, 10:54:22 AM |
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Hi all! We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good. It was consolidating for so long now! Please share your thoughts on to when another correction may be expected? Thank you and have a good day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No one knows when the correction is coming that is why we need to be always prepare for the possibility, because all we can do is just speculating but in reality no one knows when correction, bull or bear season etc., because if we know this all season were come we maybe become a millionaire already. to be fair if price has been soaring too high its probably time for correction thats why its not recommended to buy at peak but its also a good way to figure out whether there gonna be correction. so there's certainly a way to figure out the correction but its not really sure way to figure out that though, the prediction can be a miss. the market instead going up even higher then we lost opportunity to hold for even longer but if we still making profit i think we good. for example current market price surge causing bitcoin to hit $71k then it went down again because correction is needed a pump that always continous can only happen when we truly in the biggest bullrun ever. for now we are still in the early stages.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Lanatsa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 01, 2024, 04:41:24 PM |
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This is good advise for those that have multiple source of income, they don't have to wait when they see opening to DCA when price drop at any point that they want from correction but this is not easy for some even when they know it is right time to buy but they can't afford to throw in more money that will be stocked for some time that may not be estimable. So to DCA, you really need to have lose money because you just have to be accumulating maybe without profit insight.
If we have done dca that month, and see a decline in the next few weeks, we should not force ourselves to buy again. Look again at your daily needs or sufficiency, if it is not sufficient, it would be better to do the DCA next month, we don't need to regret buying it again because we see the price has decreased. Indeed, sometimes dca makes us lose money if we buy at a higher price like now compared to last week. In my opinion, even though most people use this technique, dca makes us get the best average price in investing. Remember, if we want to get optimal benefits, we need a long time to get it. Yes, there are so many times price goes down and that means people sell, when people are selling that is exactly the time to buy, that is why fear/greed index is so important, usually greed part of it is not that great because when it goes up it says it is at greed but usually it can go up even more, because we go up insane levels. But the fear part is right, whenever people fear and sell that means that we are going to end up with a good situation so I end up buying, and that is almost always right. The reality is that we are going to do fine, and shouldn't be worried about having anything else. I believe the best we can do could be something that would work out very well in the end, and shouldn't be something we worry at all. We do have that common line or saying; "BE FEARFUL WHEN OTHERS ARE GREEDY, BE GREEDY WHEN OTHERS ARE FEARFUL"This sounds pretty basic but this is something that cant really be that easily followed by someone at the moment that the market would really be making out those kind of correction specially if its a deep or something significant on which it could cause that extreme fear on which it would really be giving out that kind of feeling or emotion that you shouldnt really be making some entry because you would be thinking that the price might really be that going even more lower on which this is something a very common reaction to have. Same goes when the market is really that shooting up on which you would really be tending to wait for the peak price because you would really be loving on trying to hit the maximum profitability and this is why you would really be holding further. We do know that opportunities on this market is a never ending one but doesnt mean that you would really be keeping on chasing up the best entry or exit because it would really be just that a waste if you do keep on holding because of those kind of emotional hindrance but well these are really just that normal since we are just humans but doesnt mean that we wont really be that making any step.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Andrija Branislav
Member
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CRYPTO WEB3 NEOBANK
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2024, 09:00:15 AM |
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Yh, long term view in the market. I think DCAing approach isn't complicated. It gives us room to buy at every dip (market situation), every time we buy we are still in profit because it counter trade if am looking from your view of losses in DCA. One thing we should be aware is that we use Discretionary funds to invest which we also avoid exhaustion when investing. The goal should just be accumulating, and hold with a strategic plan driven with a target and also ensure re-investing this will shade us from unnecessary fret in the market. Am not being too optimistic but Bitcoin have proven itself, the market is volatile and price fluctuate but we just need understand the value of Bitcoin.
DCA will be difficult to implement if there are no reserve funds, if there are, we can easily arrange the adjustments. Investing is not just hoping that once you get a big profit, investing is about managing your money, how do we always get opportunities when prices drop. At the same time, that's fine, but when the opportunity comes that our reserve funds run out, maybe we can only watch without being able to do anything.
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fuguebtc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2024, 03:30:22 PM |
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Hi all! We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good. It was consolidating for so long now! Please share your thoughts on to when another correction may be expected? Thank you and have a good day ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No one knows when the correction is coming that is why we need to be always prepare for the possibility, because all we can do is just speculating but in reality no one knows when correction, bull or bear season etc., because if we know this all season were come we maybe become a millionaire already. to be fair if price has been soaring too high its probably time for correction thats why its not recommended to buy at peak but its also a good way to figure out whether there gonna be correction. so there's certainly a way to figure out the correction but its not really sure way to figure out that though, the prediction can be a miss. the market instead going up even higher then we lost opportunity to hold for even longer but if we still making profit i think we good. for example current market price surge causing bitcoin to hit $71k then it went down again because correction is needed a pump that always continous can only happen when we truly in the biggest bullrun ever. for now we are still in the early stages. If based on history, we have not really entered the bullish season, we are in the pre-bullish phase but bitcoin can rebound at any time and the bullish season can come unexpectedly. Like how bitcoin reached a new ATH before the halving, so waiting for bitcoin to correct further to buy is not a wise idea and we will sometimes pay the price for it. Instead, we have the DCA strategy, why not use it, why risk waiting for a big correction without guarantees? The bear season is over and the bull season is approaching, I believe there will be no more major and prolonged corrections, don't hesitate and buy whenever possible if you don't want to miss the train.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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topbitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2024, 06:37:27 PM |
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Yh, long term view in the market. I think DCAing approach isn't complicated. It gives us room to buy at every dip (market situation), every time we buy we are still in profit because it counter trade if am looking from your view of losses in DCA. One thing we should be aware is that we use Discretionary funds to invest which we also avoid exhaustion when investing. The goal should just be accumulating, and hold with a strategic plan driven with a target and also ensure re-investing this will shade us from unnecessary fret in the market. Am not being too optimistic but Bitcoin have proven itself, the market is volatile and price fluctuate but we just need understand the value of Bitcoin.
DCA will be difficult to implement if there are no reserve funds, if there are, we can easily arrange the adjustments. Investing is not just hoping that once you get a big profit, investing is about managing your money, how do we always get opportunities when prices drop. At the same time, that's fine, but when the opportunity comes that our reserve funds run out, maybe we can only watch without being able to do anything. If you don't have a reserve fund and only a little money then investing is a mistake for you, of course you have to prioritize increasing income first before investing, because investment is a long-term deposit for people who have money, and in bitcoin of course you have to see that fluctuations are natural, therefore DCA is highly recommended. Investment is the last step you can do when your needs are guaranteed, that's how performance should be for you so that you don't have a burden when there is a decline, regarding the OP's question, we will not be able to predict the market, but bitcoin has a tendency and has a bearish and bullish cycle, we can enter when bitcoin in the bear market should occur in Q3-Q4 2025, but who knows, maybe it will be different.
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