Well right now I don’t have a specific price to buy bitcoin, because of the nature of the market right now, we still have Bitcoin being aggressively volatile, so what I would always appreciate doing now is buying bitcoin through the DCA techniques and not considering what the price of bitcoin would eventually be, because you can only speculate about the price of bitcoins, but you will never know what the price is going to be when you’re ready to buy with your discretionary income.
Using DCA techniques I think would obviously save everyone from whatever challenges of trying to predict the price of BTC before they can be buying bitcoin.
So I would say I don’t have next buy right now, what I have available is a discretionary amount to buying through the DCA at any given opportunity.
At times like this, we must be wiser in making decisions. The current chaotic situation due to the ongoing war could cause prices to drop significantly in a short period of time. Therefore, if our focus is on short term gains,, this is definitely not recommended.
Buying using the DCA method, as you have done, is the best choice. We cannot accurately predict the price of Bitcoin. I think that as long as your budget allows, it is the best time for you to buy Bitcoin, regardless of the price, especially if your focus is long term.