Is anyone taking profits or are most of us just DCA?
Obviously we must take profit one day. But to take profit this early, I think you will be missing out huge on this coming bull market. But it is your bitcoin so do whatever you think is right for you.
But, if you ask me, I would rather keep on DCA'ing since the current Bitcoin cycle is only starting and hasn't fully reached the cycle's top which supposes to happen a year after Bitcoin halving. Altcoin investment is sure attractive due to its high payout but, be informed that Altcoin market is way more risky than Bitcoin.
I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
This figure is really attractive to invest in but the question would be, could these altcoin have the capability to bounce back. If it does not have then you are just putting you profit in risk of losing the.