Quote from: TheGreatPython on October 20, 2022, 06:03:51 AM

Quote from: GreatArkansas on October 17, 2022, 12:51:07 AM

And Dollar Cost Averaging (DCA) is one of the doings of a lot long term Bitcoin believers because if you are doing Dollar Cost Averaging (DCA) you will not enjoy profits in the short term as you cannot guarantee that for every buy you execute it will immediately pump.
So, you need to be patience too if you want to adapt Dollar Cost Averaging (DCA).

I found out that in DCA, it's also possible to buy when the price is at the dip. This means that we can expect a short pump and we can sell our btc for short term gains but I think most of the time, DCA users don't mind if the price is high or low but what is important for them is to follow their buying schedule. They are in for long term anyway so they know that the price can always rise higher than on what they currently or previously see.

I believe that DCA got even more popular this year because people starting to get that the bear persists to continue so instead of their usual strategy which is to all in, they try this new start called DCA and slowly accumulate after each decline.

Even if you do DCA then of course you would be finding the lowest price as possible which you could really that maximize profitability once the market tends to recover.Although this strategy isnt for all considering

that not all the times we do really have the funds or money for us to invest on the said situation or condition.You can DCA but of course if you do have the money to invest on.

Just like me on which i had put up all the funds i do have allocated for investment and suddenly i do find out an opportunity for me to get in? Then, there nothing i can do but to
see those opportunities to go by since i dont have the funds.