Quote from: ShowOff on Today at 08:50:19 AM

Quote from: janggernaut on March 19, 2021, 11:49:48 AM

What will be happen next with Bitcoin?

To reach a higher ATH, bitcoin still need a lot of support from private investor, institutional investor, and trader. The bitcoin community is still hoping for the price to hit $100K this year or as early as 2022. But it's uncertain now what will happen next. A minor correction happened today, which I think is normal.

That hope is the thing that is keeping us alive, without that hope bitcoin would have been down already. Back in the day when we reached 20k people didn't talk about 50k or 100k or anything like that as seriously as we are talking right now, we have increased so much in price that we have reached to a level where we are profiting insanely, and that is why I think we should be focusing on doing whatever we can to not go all in and ruin ourselves right away but do DCA instead.

Buy bitcoin with equal shares for 50 days for example, once a day for 50 days, that way you will have an average price. Many people put all their money into bitcoin all at once and they end up losing when the price goes down and they end up panic selling and making a loss, that is why people should use DCA to make sure they still get in but do that with a bit more care.