Have you been accumulating Bitcoin right now or still you have a question?

[Zlantann]

Since BTC is volatile and it is not possible to accurately time the bottom or the top, dca is a great way to accumulate BTC and even if you wanna buy in lump sums, just do so when you want to. If you keep waiting for the perfect time, it would never come and you would never buy. And then you'll not stop singing: 'oh i should have bought at x time.'

However, as you buy, don't be like weak hands that sell immediately there is fud and start to fomo buy when the price starts to rise again; you surely don't want to be in that position.

There were several predictions that Bitcoin would never get to $60k. Some analysts even forecasted that we might never have a bear season. These predictions were because of the increase in institutional investors in the Bitcoin market. But we are seeing that the Bitcoin cycle still applies.

We cannot predict the future price of Bitcoin, which is why applying the DCA strategy is ideal. Adopting a lump sum strategy might also be beneficial, as $60k is an attractive price to buy.

[Orpichukwu]

The market is already on the recovery stage based on my observation. Imagine people who saw bitcoin get down to $59k and are still busy speculating and waiting for it to go down even more before they buy will be regretting their action now because of how the market is moving. You currently do not have some reserve to buy bitcoin with; if not, I could have not joked with the opportunity to accumulate.

[welovebit]

Since BTC is volatile and it is not possible to accurately time the bottom or the top, dca is a great way to accumulate BTC and even if you wanna buy in lump sums, just do so when you want to. If you keep waiting for the perfect time, it would never come and you would never buy. And then you'll not stop singing: 'oh i should have bought at x time.'

However, as you buy, don't be like weak hands that sell immediately there is fud and start to fomo buy when the price starts to rise again; you surely don't want to be in that position.

Strategically buying through DCA never needs to have anything related to price because buying is happening through strategy, and the holder is having accumulation, which is going to help him in the long run, while people who are in this for a long time also love keeping things on their way with keeping an eye on price movement because they feel it's the best thing to do, and this always helps them.

I started with DCA and am still having things on my way for the long run, but I also did some buying at this price because I feel this is a golden chance, and never dropping this suddenly, having an increase of $3000, gives a good boost to my buying. Even though I am not a small profit taker, keeping things in balance is also important for me.

[Nahl]

Yes i still accumulated my bitcoin until now but my DCA strategy currently depend on how much funds i do have but mostly i only can buy small amount of bitcoin because i don't have capability to buy with large amount because my financial condition but since i still believe in to bitcoin i want to make it as my future asset but i have to admit that our physicology is really tested because during this year bitcoin was dominated by down trend and talking about prices prediction some people have predict bitcoin still possible to fall more than the current prices even probably below to $50k and it would be happened on Q3 of this year if the prediction is true we have good opportunities to bought bitcoin at cheaper price in this year however my DCa strategy is not really depend to the prices because as long as i have more money then i will allocated more to bought bitcoin

[Codeunkie1992]

History Shows that the best entries come when fear is highest. Those who stay consistent now are usually the ones celebrating in the next bull cycle.

[Chinesebaby]

Are you accumulating Bitcoin in this bear market, or do you still have a question? The most common question in the bull market is "Should we buy Bitcoin now?" I am wondering where they are now. Because it's golden time for them who asked or think this question: Should they buy Bitcoin or not when the Bitcoin price was $120K+? They should accumulate now and wait for the bull run.

I know Bitcoin would still dump, but the DCA strategy should be followed now by whoever wants to accumulate. Often asking questions and thinking much would lead to not buying Bitcoin and later regret. Some people started thinking Bitcoin would likely never recover. I want to ask them, have you checked the Bitcoin chart?

However, I think it's a golden time for us again to accumulate Bitcoin; right now the price is around $60K. I will mention this thread if I find these types of questions when we have another bull run.

Don't regret later, chill.

Don't be surprised that still after all this awareness creation for people to immediately take advantage by investing in Bitcoin now that it's price value is still low around $60,000 per BTC, that some procrastinators will still not invest in it at the end. But only to regret after Bitcoin might have skyrocketed back in price value, which have always been the reaction of many when they hear or see that the price of the Bitcoin which they failed to buy before have started skyrocketing in price. However, one thing I have noticed about Bitcoin is that when it's price is low, some people tends to disassociate themselves from it, forgetting thats the opportunity to accumulate more of it. Unlike those who buy during the hype when it's price is already high. So I'm happy this thread is coming from you as a message to our newbies.

[abaeze]

There are some people who regret their whole life but can never invest in Bitcoin. Because no matter what the price is to them, their investment mentality is low. Those who believe in Bitcoin in the long term invest here. Also, for long-term investment plans, gradually accumulating Bitcoin through DCA during temporary market fears and disappointments can be a reasonable strategy. However, before investing, everyone should consider their own risk-taking ability and invest money that will not disrupt their financial life even if they lose it.

[Botnake]

Still questioning the market? I guess that's never ending, those people who doubt the market will stay questioning, and when they got the answers, they won't believe it still but stick to their own answers which they always thought that its the only right answer.

Well, I am already at the accumulation stage. The fact that there is a bigger opportunity to keep buying when bitcoin price stays at a lower price, hence there's no reason not to grab it. But if your funds are tight this time, just wait for another dip, then start buying even with a small amount.

[Jostern]

Personally I buy bitcoin on a regular basis, considering that I have a discretionary income, I really don’t have to be waiting for a so called dip, I have more interest in buying and accumulating on a consistent basis, but if in any case I come across a dip or bear market, I would gladly take the opportunity as well, because it gives me opportunities to buy bitcoin at a more cheaper price, it’s just good to buy bitcoin all the time and also be stacking bitcoin in your portfolio, and when any opportunities comes to buy at a cheaper price you also take the chance and opportunity that present itself.

[Shineup]

The market is already on the recovery stage based on my observation. Imagine people who saw bitcoin get down to $59k and are still busy speculating and waiting for it to go down even more before they buy will be regretting their action now because of how the market is moving. You currently do not have some reserve to buy bitcoin with; if not, I could have not joked with the opportunity to accumulate.

Because of how unpredictable the market can be those using DCA becomes highly recommend able, Bitcoin went down to $58k a lot of people were waiting for it to come down the more before they can buy as if it is  a must go down more, the price is at $63k as at this time of making this post, those speculating and waiting for it to go down more before they can buy will be disappointed now, some will use the money for something else and will never buy again, it should be a lesson to them, every long term investor doesn't have to wait for a proposed price point before buying.