Quote from: Yaunfitda on June 02, 2022, 09:49:03 PM

Quote from: MarjorieZimmermanGinger on June 02, 2022, 03:33:02 AM

Quote from: Sir Legend on June 02, 2022, 02:17:02 AM

Today there was a correction of more than 7%, of course many panicked and sold bitcoin, but many were waiting for the price to drop even lower to buy, today I put around $250 for the price of $28500 in the market, so when the price drops below $30k usually there will be a volume of transactions and I think the price could still go down again than it is now.

For small investors expect bitcoin to fall in the near future, because they can buy bitcoin in a certain amount, but unlike big investors, they have been investing in bitcoin for a long time, so if there is a sharp decline in price, the investment they run will stagnate in place, nothing can be maximized with such an investment pattern, but the market reaction is already running on a major correction, but for bitcoin it doesn't show this as the end of its journey

DCA could be a strategy that can help retail investors to accumulate bitcoin. It might take some time though, but still everyone can benefited from it specially that we are in a bear market and it will take another 2 years before the bull run. So take this time as an opportunity not to complain about the price but instead take advantage of it and buy as many as you can. Doesn't mean 1 BTC right now, but slowly thru DCA'ing.

I listened to this from various opinion polls, many people even suggested to collect any amount of bitcoin for now, the opportunity in the bear market is not an excuse not to buy bitcoin, and finally I saw what a loss, the opportunity was not exploited under certain conditions, for example accumulation of bitcoins in 2017 to 2021, if by that time we had started collecting bitcoins, surely the past bull run would have given us big profits, unfortunately we can't take advantage of this