Of course, there is nothing wrong with tailoring your BTC accumulation strategy to your own situation, and it is likely much better to do so. One of the reasons that I continue harp upon DCA as the best of strategies is because it can help to get newbies started right away, and it is also a very good strategy for people who have been in bitcoin for a long time but just do not want to spend a lot of time trying to figure out what to do in terms of buying on dip or lump sum investing, and it is also amongst the better ways to NOT run out of cash because the DCA strategy should be applied in amounts that fit with the budget of the BTC accumulator and maybe tweaked from time to time when cashflow changes happen or other relevant changes happen in personal circumstances.
Yes it was an adjustment I bought when it dip some time ago and until now still doing it will still I want more to save BTC in any way including the DCA strategy, maybe I have known for a long time about this but I don't feel how this can be done accumulated with my finances but if I have agreed to it, it means that I am ready in the sense that the DCA strategy is carried out and buying Dips is still valid for my investment then this is a little impressive, isn't it? Regarding my finances, of course there are adjustments in the sense that I have to be able to do this and try it.
I looked at your forum registration date and you have been registered on the forum for nearly as long as me.
I've been on this forum for a long time, but I haven't been active for several years for personal reasons, while investing in bitcoin I never forget and I do it every time I have money.
My portfolio is still holding up despite being inactive here.
There are a couple of things that I do that seem to be helpful on this point. First, I have had a tendency to project my cashflows out a couple of years in advance on an Excel spreadsheet, so I can see how much much money I have available for investing into bitcoin on a monthly basis. Second, when I first got into bitcoin in late 2013, I had given myself a 6 month budget that was a certain amount of money, and I divided that amount by 26 in order to give myself a weekly allowance. Each week I tried to strategize buying on dips, but if I had not spent the whole amount of my allowance by the end of the week, then I would just buy at whatever price just to make sure that I spent that allowance amount for the week.
Notes in Excel spreadsheets are important, when I start investing in bitcoin I always record it there, for example I bought bitcoin at a price of $24,655 on Sunday so I never go through this because it is important to know the money invested every month and can accumulate the average value of his purchases to make it easier.
But the record is still lacking in 1 year but I still keep it.
I believe that I have learned NOT to panic as easily as I had previously, and I believe that I have been fairly successful in that direction, but still there can be circumstances in which BTC price performance (including various extremes) can end up testing your psychology and even realizing that if you reassess the situation and change some of your planned strategies, then you will feel a lot better... For example, this last time around, after BTC price dropped below $35k in early May-ish, it seems that I had to readjust my plans at leas 5-6 times, and usually (in recent times) I do not tend to change my plans very frequently, but BTC prices ended up going down way further beyond extremes points that many of us expected (including yours truly).
For this I am also the same when I buy high suddenly the price drops I don't feel panic anymore I tend to be more persistent and don't see the market or any news but I always see history that bitcoin can rise again.
Psychologically it is important for adjustment to realize that we can get through when the period of increase comes, here I only see when the price goes down that I return to the market again.