Quote from: bitzizzix on Today at 04:14:49 AM

Quote from: jossiel on November 10, 2022, 11:27:08 PM

Quote from: illusioNiZt on November 10, 2022, 08:23:39 AM

It is good time to buy in some BTC now, but price might go down more.

This is why DCA is the right approach.

Since all of us are unsure if this is going to be the bottom, we just have to keep on buying while we see it go down for more.

So that when it goes down longer, we still have a budget to buy for that time when it comes. People should just learn about the movement of bitcoin in the past and apply the teachings it has left to us, right now, as in.

Yes, DCA is a very ideal choice for the current market situation because of the discounts that should not be wasted on increasing regular buying plans during a downturn and normalizing back when the price recovers to make a very satisfactory profit when we are quite satisfied with the long term price.
maybe those who have been in this industry for a long time really understand what to do, but for beginners there may still be fear and fear that prices will continue to fall. So we should be able to convince them that now is a very good start for future success.

We know what to do and I don't want to commit the same mistake that I took for granted during the past bear markets and corrections.

It's easy to look at those past lessons if you have been so optimistic on this market and how far it will go in the future. And by having that thought, you'll not waste every opportunity that you see on it.

Even just buying a hundred every downturn, that would be already enough to keep going and just be consistent on those times if ever you feel that it's a dip that you shouldn't miss.