Buy, buy more Bitcoin.

[MRY]

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 the point Some set of people are not getting it, Bitcoin is always unpredictable. How many times a lot of people predicted Bitcoin by showing the chart and get it wrong? In fact, it is only lucky it take  people get Bitcoin predictions right.So, if we have money to invest, we should just follow the DCA method, as you said, by gradually accumulating through weekly or monthly purchases. With that, we hardly miss out on any opportunities.In fact, always looking at look after chart can lead some people to invest even what they can't afford to lose because they can believe the price will increase. In the end, it is very possible that Bitcoin direction may change, which can make some people regret investing, especially if the money they used was not meant for long term investment.

The course of Bitcoin is uncertain and to study charts is a waste of time. I prefer a weekly or monthly digital asset saving technique to be very safe. Emergency funds should not be used to make profits. The ingredient of success lies in calm and steady saving of assets without being scared of immoderate fluctuations of prices in the market.

[unisushicake]

The course of Bitcoin is uncertain and to study charts is a waste of time. I prefer a weekly or monthly digital asset saving technique to be very safe. Emergency funds should not be used to make profits. The ingredient of success lies in calm and steady saving of assets without being scared of immoderate fluctuations of prices in the market.

Bitcoin is safest for investment in long term and with long term investors, they don't have to study about Bitcoin chart with too short time frames like minutes, hours. They don't have to learn how to trade actively because their purposes is investment and holding for profit, that is different with needs of traders.

With investors, things they have to learn like Bitcoin market cycle, and with this purpose they can look at Bitcoin yearly chart.
https://charts.bitbo.io/yearly-candles/
They also have to learn about Bitcoin psychological cycle.
https://www.fidelity.com/learning-center/trading-investing/four-year-bitcoin-and-crypto-cycles

[MinoRaiola]

There maybe another drop this year. If you look at past cycles, the next bullrun should end in 2029. By then, the price of Bitcoin should be higher. So, till the end of this year, the price should be ready to rise again. This is speculative, based on past cycles. A new all time high maybe come in 2028 or 2029. Before that, there will be good opportunities. The coming years will bring something new for Bitcoin for a new hype.

[SilverCryptoBullet]

There maybe another drop this year. If you look at past cycles, the next bullrun should end in 2029. By then, the price of Bitcoin should be higher. So, till the end of this year, the price should be ready to rise again. This is speculative, based on past cycles. A new all time high maybe come in 2028 or 2029. Before that, there will be good opportunities. The coming years will bring something new for Bitcoin for a new hype.

It's not easy and unrealistic to try predicting the Bitcoin market bottom price and when the bottom appears. People who have enough experience in Bitcoin market will not try finding these things but they will try to DCA bitcoin, and do their purchases more intensively when the market goes to bottom area. The difference is they don't find absolute bear market bottom price but they try to identify bottom area and make more purchases around this bottom area.

They know that in this bear market bottom area, the bear market can finish anytime, and might take off from the bottom anytime. Try to bargain absolute bottom price in this unpredictable market only results in missing a lot of time and many good prices for accumulation.

[L E G E N D A R Y]

The course of Bitcoin is uncertain and to study charts is a waste of time. I prefer a weekly or monthly digital asset saving technique to be very safe. Emergency funds should not be used to make profits. The ingredient of success lies in calm and steady saving of assets without being scared of immoderate fluctuations of prices in the market.

Market analysis, reading charts and studying market trends, particularly in the short term are not actually for investors but traders. An investor has no business with short term market movements or even trying to analyze them, because they’re always more concerned about accumulating and holding for the long term rather than seeking for short term profits.

[Rubuchi]

There maybe another drop this year. If you look at past cycles, the next bullrun should end in 2029. By then, the price of Bitcoin should be higher. So, till the end of this year, the price should be ready to rise again. This is speculative, based on past cycles. A new all time high maybe come in 2028 or 2029. Before that, there will be good opportunities. The coming years will bring something new for Bitcoin for a new hype.

if this opinion of your is something to go by, then the second best time to invest in bitcoin after the last first years of bitcoin should be now. The last ATH rose up to 100,000 and now bitcoin has hit as low as 60k dollars and speculations are looking beyond that. Meaning there are chances bitcoin might fall to 50k or so. If the coin rises above what it used to be in the last ATH, we will probably experience above 100k and above 50% profit which is a very good investment for anybody if such profit will be guaranteed.

[Agbe]

Op you can't say the market will not come back again. On Saturday and on Sunday the market was clocking at $64+k and reaching this morning I am seeing $62+ and the bars are still red I. The market and that indicates that it will still come down again. And if anyone wants to buy, it is better to use DCA so he won't fell the impact of the rising and falling of bitcoin.

[Aanuoluwatofunmi]

We can decided to continue buying more on bitcoin as the market falls, because it is an opportunity by using this strategy to keep accumulating up our portfolio until we are more satisfied with the market and begin to hold in other to sell in profit, so buying more is by being privileged to enter the market when it is profitable and this is why many are using DCA strategy for their portfolio investment accumulation.

[uchegod-21]

The course of Bitcoin is uncertain and to study charts is a waste of time. I prefer a weekly or monthly digital asset saving technique to be very safe. Emergency funds should not be used to make profits. The ingredient of success lies in calm and steady saving of assets without being scared of immoderate fluctuations of prices in the market.

The market has been really tricky these days, and one cannot be sure what the next move will be like. Whatever opinions anyone is going to drop here are mere speculations and should not form the basis of anyone's decisions.

The wrong thing any investor is going to do to themselves is to try to time the market. If anyone is waiting for the perfect dip, they might miss this golden opportunity to buy Bitcoin.

Why wait any further when you have the capital? Buy now or continue DCAing effortlessly.

To many who are caught up in this bunch of speculations, they should simply DCA and avoid the pressure of monitoring the market.

[TheUltraElite]

Op you can't say the market will not come back again. On Saturday and on Sunday the market was clocking at $64+k and reaching this morning I am seeing $62+ and the bars are still red I. The market and that indicates that it will still come down again. And if anyone wants to buy, it is better to use DCA so he won't fell the impact of the rising and falling of bitcoin.

I suggest keeping a lower target below which level you buy a chunk of coins. The next level should also be pre-determined at which point you buy again. If the price keeps tumbling down you continue spending your held fiat till you have little and stop and wait for the market to bounce back at which points you start selling the coins. This entire process ends up taking years to perform properly. Sometimes going up and sometimes going down.

What I mean is that trading is a long term grind. It will not make you rich overnight but gradually if you manage to keep your patience. Just a get-rich-quick stint promoted by some social media freak does not define profit in trading.

[SilverCryptoBullet]

I suggest keeping a lower target below which level you buy a chunk of coins. The next level should also be pre-determined at which point you buy again. If the price keeps tumbling down you continue spending your held fiat till you have little and stop and wait for the market to bounce back at which points you start selling the coins. This entire process ends up taking years to perform properly. Sometimes going up and sometimes going down.

What I mean is that trading is a long term grind. It will not make you rich overnight but gradually if you manage to keep your patience. Just a get-rich-quick stint promoted by some social media freak does not define profit in trading.

If it is not purchases with almost fixed schedule like weekly or monthly, but a little bit longer waiting time for possible bottom prices to accumulate, it's like your approach here. People can use the Bitcoin market history, know about previous market cycles, how long previous bear markets last, and they can use it for finding possible times and entries in this bear market.

For example, 1 year or 1 and a half year after start of a bear market can be good time for them to begin accumulation and even increase their purchasing actions. Another method is trying to be more active with purchases when price fall like 50%, 60% from all time high for example. Like it's impossible to find market bottom but base on previous market cycles, and % corrections from ATHs, if assuming the bottom price is 75% or 80% from ATH, it makes sense to be more actively purchasing when price already corrected 50% or 60%.

[Minor Miner]

The course of Bitcoin is uncertain and to study charts is a waste of time. I prefer a weekly or monthly digital asset saving technique to be very safe. Emergency funds should not be used to make profits. The ingredient of success lies in calm and steady saving of assets without being scared of immoderate fluctuations of prices in the market.

The market has been really tricky these days, and one cannot be sure what the next move will be like. Whatever opinions anyone is going to drop here are mere speculations and should not form the basis of anyone's decisions.

The wrong thing any investor is going to do to themselves is to try to time the market. If anyone is waiting for the perfect dip, they might miss this golden opportunity to buy Bitcoin.

Why wait any further when you have the capital? Buy now or continue DCAing effortlessly.

To many who are caught up in this bunch of speculations, they should simply DCA and avoid the pressure of monitoring the market.

Not just these days, the market has always been unpredictable at any point in time. No one can know the exact market trend for tomorrow, let alone predict what will happen in the next few months or years.
However, you are right that the mistake most people make is trying to predict the market and waiting for a fixed entry point. That was a very serious mistake because, as mentioned above, market is unpredictable.

What we need to do is prepare for different scenarios, manage risk, and have a longterm strategy instead of trying to predict. But most people do the opposite.