Buy, buy more Bitcoin.

[Exitoral]

I made a post about where to double down on your DCA. This is the trend.

https://bitcointalk.org/index.php?topic=5584908.msg66800804#msg66800804

As of now the Market won't come back there again. Up up we go. On the daily timeframe, we can see double bottom. For the past 4 days now the market has being flying. To the moon now. If you are still not doubling down, do so.

[Hatchy]

Yes, buy buy more bitcoin, but I don't think any one should do that because of the chart data you presented. That's not even a double bottom nor does it signify anything about where price is headed now. Bullish candles on a daily still doesn't signify a bullish trend as we have seen that alot this year. When the monthly begins to close bullish then we can agree that the bulls are back and for now, there's nothing of such yet. This shouldn't be a problem for someone that's accumulating bitcoin. Stick with your normal DCA plan and regardless of what your chart is saying just continue to buy. Price doesn't look like it has buttoned yet and you still should expect anything to happen for now..

[Filicius]

Yes, buy buy more bitcoin, but I don't think any one should do that because of the chart data you presented. That's not even a double bottom nor does it signify anything about where price is headed now. Bullish candles on a daily still doesn't signify a bullish trend as we have seen that alot this year. When the monthly begins to close bullish then we can agree that the bulls are back and for now, there's nothing of such yet. This shouldn't be a problem for someone that's accumulating bitcoin. Stick with your normal DCA plan and regardless of what your chart is saying just continue to buy. Price doesn't look like it has buttoned yet and you still should expect anything to happen for now..

Indeed, the graph shown does not prove anything. If he wants to believe that it hides some significant relevance he is free to buy more, but no one has a crystal ball, and buying simply trusting that the price will rise could be a mistake. If it falls into your plan to buy because you believe in the fundamentals and you think that it is a good investment, then it's okay, but buying simply because a chart suggests that the near future will be bullish is, to say the least, risky.

[KiaKia]

Yes, buy buy more bitcoin, but I don't think any one should do that because of the chart data you presented. That's not even a double bottom nor does it signify anything about where price is headed now. Bullish candles on a daily still doesn't signify a bullish trend as we have seen that alot this year. When the monthly begins to close bullish then we can agree that the bulls are back and for now, there's nothing of such yet. This shouldn't be a problem for someone that's accumulating bitcoin. Stick with your normal DCA plan and regardless of what your chart is saying just continue to buy. Price doesn't look like it has buttoned yet and you still should expect anything to happen for now..

Atleast someone knows what they are talking about, before we look at the month chart we have the weekly too, and right now it's not even bottomed yet, but truth be told, it's still a good time to start buying Bitcoin.

Majority of people are looking forward to October as the bottom, the 4 years cycle boys I meant, I am not again them but I made sure that I always have some Bitcoin and buying at 50k won't bother me that much.

It's dangerous to be out of Bitcoin completely right now but at the same time it still looks like we can still go down even more, it could be suicidal betting on one side instead of letting the chart lead the way.

[Exitoral]

Yes, buy buy more bitcoin, but I don't think any one should do that because of the chart data you presented. That's not even a double bottom nor does it signify anything about where price is headed now. Bullish candles on a daily still doesn't signify a bullish trend as we have seen that alot this year. When the monthly begins to close bullish then we can agree that the bulls are back and for now, there's nothing of such yet. This shouldn't be a problem for someone that's accumulating bitcoin. Stick with your normal DCA plan and regardless of what your chart is saying just continue to buy. Price doesn't look like it has buttoned yet and you still should expect anything to happen for now..

Atleast someone knows what they are talking about, before we look at the month chart we have the weekly too, and right now it's not even bottomed yet, but truth be told, it's still a good time to start buying Bitcoin.

Majority of people are looking forward to October as the bottom, the 4 years cycle boys I meant, I am not again them but I made sure that I always have some Bitcoin and buying at 50k won't bother me that much.

It's dangerous to be out of Bitcoin completely right now but at the same time it still looks like we can still go down even more, it could be suicidal betting on one side instead of letting the chart lead the way.

I already made a trend on what I was expecting to see on the weekly timeframe. So this is like the continuation to that trend. I did look at the weekly before I posted this. If you check my other post. You will see it there. Sorry for not mentioning it here too. I just went ahead to post the link to that trend.

[notocactus]

Your image is too big, you can change height to 400 that is enough.

As of now the Market won't come back there again. Up up we go. On the daily timeframe, we can see double bottom. For the past 4 days now the market has being flying. To the moon now. If you are still not doubling down, do so.

When people do DCA, they don't mind about whether after their purchases, market will only move up.

Thinking like that, it's no longer classic DCA, and it's no longer as long term investors but more similar to speculators who look for profit in short term.

DCA has this and that, but classic DCA is more applicable for everyone.

• DCA vs Smart DCA, what do you choose?

[Dex_master25]

Your image is too big, you can change height to 400 that is enough.

As of now the Market won't come back there again. Up up we go. On the daily timeframe, we can see double bottom. For the past 4 days now the market has being flying. To the moon now. If you are still not doubling down, do so.

When people do DCA, they don't mind about whether after their purchases, market will only move up.

Thinking like that, it's no longer classic DCA, and it's no longer as long term investors but more similar to speculators who look for profit in short term.

DCA has this and that, but classic DCA is more applicable for everyone.

• DCA vs Smart DCA, what do you choose?

Only a trader would be really educated with this post and image of a possibility of pump in the Bitcoin market. Even though it is good news, many retail investors who do DCA would see this as a time to re-adjust the size being regularly invested, that's also depending on if there isn't much expenses on ground in the real world to make, otherwise it would just be another time to observe and plan to invest, but I don't hope the market drops because it's been a long while since Bitcoin rose to a meaningful all time high and the news and evidence of such is of net benefit.

[Rockstarguy]

Bitcoin can't be predicted; anything can happen. You speculate and give opinions about what you think the price of Bitcoin will be, but your predictions are still not certain. The DCA strategy of buying is meant to allow you to buy Bitcoin at all times, irrespective of what the price will be in the next hour. You don't apply the DCA method to buy Bitcoin only because you think the price will increase; you just need to buy Bitcoin as you can afford it, irrespective of its price. If you think the reason to buy Bitcoin is due to an expected increase in price, you may panic if the price falls because it wasn't what you expected.

[crwth]

There are a lot of reasons why people would buy it, but also not buy it. Here on Bitcointalk, we know it's beneficial and that the goal is to have more BTC, but that's not the case for everyone.

We'd better remember that it's more about the fundamentals, not the short term. Better look at the bigger picture.

Make sure you allocate the right percentages when buying it.
^{Let's buy a lot!!!}  

[kingstep]

As of now the Market won't come back there again. Up up we go. On the daily timeframe, we can see double bottom. For the past 4 days now the market has being flying. To the moon now. If you are still not doubling down, do so.

don't wait till bitcoin starts going to the moon before you get all into your actualizing your bitcoin investment plan. when we will see bitcoin going really up the moon and never coming down to this point, most investors that are waiting for the perfect time before buying will not know.

An investor that is waiting for bitcoin to start going up before starting his investment plan is never a serious investor. every opportunity you are presented with should become your entry point into your bitcoin investment plan because procrastinating on your buys reduces how much you will be able to buy when you are chanced to witness the DIP. except you don't know the important of taking advantage of bitcoin lows then you will sit back and not buy now. the best time to buy is now because once now is gone it can never come back.

[RockBell]

Bitcoin can't be predicted; anything can happen. You speculate and give opinions about what you think the price of Bitcoin will be, but your predictions are still not certain. The DCA strategy of buying is meant to allow you to buy Bitcoin at all times, irrespective of what the price will be in the next hour. You don't apply the DCA method to buy Bitcoin only because you think the price will increase; you just need to buy Bitcoin as you can afford it, irrespective of its price. If you think the reason to buy Bitcoin is due to an expected increase in price, you may panic if the price falls because it wasn't what you expected.

That is what people don't understand, you can not always predict the market, it is better for you to just invest if you want to because the market will not always give you what you want if you don't wait because you can finish investing and the market can remain down for a long time so if you are not patient enough the next step they are going to be taking will be selling which is not the right step to take and the best thing to do will be for you to buy more.

And DCA should be taking it seriously instead of worrying about the price, because there is no way that you will be able to predict the market, and people are misunderstanding the whole process so it is just better to play by the book

[Donneski]

Why do I need to double down when I'm DCAing? Anybody who's adopted the DCA strategy isn't supposed be monitoring the daily chart.

The main point of DCA is to take away emotion and constantly watching the chart from in your accumulation journey.  Making extra effort to know when double down based on the daily movement of the market turns a stress-free accumulation plan to short term speculation.

[moneystery]

When market conditions are trending bearish like this, I think it's the right thing to buy because when else can we get Bitcoin at discounted prices like this.However, the current market conditions are trending bearish, so there's still a possibility that it could drop further, and short-term volatility may continue.
Therefore, we must still look at the market long-term and only invest funds we are prepared to invest for the long term, so it won't significantly impact our finances.

[ZAINmalik75]

Why do I need to double down when I'm DCAing? Anybody who's adopted the DCA strategy isn't supposed be monitoring the daily chart.

The main point of DCA is to take away emotion and constantly watching the chart from in your accumulation journey.  Making extra effort to know when double down based on the daily movement of the market turns a stress-free accumulation plan to short term speculation.

I totally agree with that. I think we shouldn't change our plans only because of a new possible market trend if we know we can easily afford to keep doing DCA without any problems because DCA is a method for those with long-term vision, and it is supposed to be done the way it is done which means you shouldn't be looking at market trends and base your purchases on that but you should continue buying regardless of the price and it's movements.

Market trends and doubling on the purchases is for those who aren't doing regular DCA but are buying just randomly at prices as low as possible and if a trend suggests that the market won't go lower than the current point then they can think of buying more at that same price, but for those who are doing DCA, they should continue with their thing without getting bothered by these things.

[fredericktaylor]

Why do I need to double down when I'm DCAing? Anybody who's adopted the DCA strategy isn't supposed be monitoring the daily chart.

The main point of DCA is to take away emotion and constantly watching the chart from in your accumulation journey.  Making extra effort to know when double down based on the daily movement of the market turns a stress-free accumulation plan to short term speculation.

By investing using the DCA method there is no need to monitor market movements. It is very important for the investor to invest consistently with discipline and hold on for a long time with confidence. It is very important for the investor to invest consistently with discipline and hold it for a long time with confidence. It is wise to use every opportunity properly buy as many Bitcoins as you can and wait patiently for a good time. When the price of Bitcoin increases in the future, there is a possibility of making big money. Your small investment today can bring big benefits in the future, so it is better to buy more Bitcoins and hold it for a long time with confidence. This reduces the risk of losing money and has the possibility of making a profit.

[Popkon6]

Whatever your chart says, buying Bitcoin according to the DCA method is the most important, and this DCA method pulls every investor towards success. In the current position, I do not worry about investing in Bitcoin because I am following the DCA method and slowly moving towards the future. Because if you invest in Bitcoin according to the DCA method, the chances of getting Bitcoin investment results are definitely the highest, so it is best to maintain the continuity of buying at this time.

[sunsilk]

To the moon now. If you are still not doubling down, do so.

Not yet but we'll be there soon. This period just have to pass so that everything fuels up for the upcoming mooning that it sure will do.

Welp, I've missed the term moon and as if we've gone and passed for too long with the bull run when we use this moon word.

But anyone who's buying now and accumulating for the betterment of their future, they'll be the one to say that it's all worth it in the end.

[SuperBitMan]

Why do I need to double down when I'm DCAing? Anybody who's adopted the DCA strategy isn't supposed be monitoring the daily chart.

The main point of DCA is to take away emotion and constantly watching the chart from in your accumulation journey.  Making extra effort to know when double down based on the daily movement of the market turns a stress-free accumulation plan to short term speculation.

I’m using the DCA accumulation strategy and that is what I have been using for years now however, when ever there’s a dip I accumulate bitcoin aggressively using my reserve funds, dip is an opportunity to accumulate more bitcoin with less price, I don’t joke around when there’s a dip in bitcoin I take it very serious.
This those not mean I’m monitoring the market, when ever there’s a dip in bitcoin price a lot of people post it on social media and people also create thread about it in this forum just like this one, so you don’t need to monitor bitcoin price or watch the market chart to know when there’s a dip in bitcoin.
Everyone has their own strategy, as for me I use my reserve funds to accumulate aggressively when there’s a dip, it has helped me to go far in my bitcoin accumulation journey.

[Cgrexp]

Why do I need to double down when I'm DCAing? Anybody who's adopted the DCA strategy isn't supposed be monitoring the daily chart.

The main point of DCA is to take away emotion and constantly watching the chart from in your accumulation journey.  Making extra effort to know when double down based on the daily movement of the market turns a stress-free accumulation plan to short term speculation.

By investing using the DCA method there is no need to monitor market movements. It is very important for the investor to invest consistently with discipline and hold on for a long time with confidence. It is very important for the investor to invest consistently with discipline and hold it for a long time with confidence. It is wise to use every opportunity properly buy as many Bitcoins as you can and wait patiently for a good time. When the price of Bitcoin increases in the future, there is a possibility of making big money. Your small investment today can bring big benefits in the future, so it is better to buy more Bitcoins and hold it for a long time with confidence. This reduces the risk of losing money and has the possibility of making a profit.

Whether the price of BTC is high, low or stable, we often need to make sure that we are prepared for any direction the price of BTC will go and for that change to happen sharply. It is easy to control our pace and try to maintain consistency in the Bitcoin accumulation phase, although we may need to make changes to it from time to time based on the apparent extreme fluctuations in the price. And there can be quite a bit of anxiety and hesitation in continuing to buy without investing, and even the temptation to trade. Everyone needs to find a way to deal with these situations so that they do not make their situation worse by making various changes to their plans based on the apparent extreme fluctuations in the price of Bitcoin.

[HustleZ]

As of now the Market won't come back there again. Up up we go. On the daily timeframe, we can see double bottom. For the past 4 days now the market has being flying. To the moon now. If you are still not doubling down, do so.

Accumulating bitcoin should not be dependent on a specific market phase rather it should be done irrespective of bitcoin’s price and that’s what DCA is. As Hatchy said that Buy buy bitcoin but it shouldn’t be because the market is down. Yeah market is down that’s great tou can buy more quantity but you should not stop when it becomes bullish rather the accumulation should Continue. DCA