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Author Topic: Between $49K to $58K time to double down on your DCA  (Read 172 times)
maydna
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Today at 05:38:40 AM
 #21

The price is closed to $58k so you should preparing funds and perhaps placing buy order will be necessary. But those who runs DCA will not too care with the price fluctuation, they only follow their plan to buy Bitcoin gradually. They just want to doubling their Bitcoin amount and buying it on weekly or monthly and just waiting for the time to sell and they will still buy on schedule because they don't want to miss the time to buy Bitcoin. But we all have different plan to buy Bitcoin so that will not be a problem on the how to. The important thing is we can accumulating Bitcoin time to time.

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Today at 11:57:06 AM
 #22


If price gets to that your marked out zone, there is a very high chance that it will get to sweep that low,
Nevertheless you never said it will buy from there but I'm just saying.
But now it will be better not to keep that place as a golden zone to increase your accumulation, if you want to increase it you can increase it now as long as it is still your discretionary income, price may reach there price May not still reach there.

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Today at 12:52:38 PM
 #23

This is massive, and I was busy sometimes last month talking about how the market might not be dropping below $60k anytime soon, but reality hits harder, and we are on the edge of hoping the market settles for $60k; if it falls below that, we can be expecting to see it at $55k, if not below.

Anyone who has spare money and wants to stack this, this is the right time to make use of the opportunity, but still have it in mind that we might still see a price below this level, and don't rush in harshly.

I am not saying 55 to 60 thousand is not a pretty good difference for the people who would catch the 55 compared to the rest but if you are doing a Cost Average then 55 thousand will not influence the average that much.  At this point if 60 thousand lowers your average significantly then I would personally go for it than wait for another drop.

 
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