For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.
Depends on your entry level, if you have been keeping
BTC since it's bottom last year, for sure it's been great already. Bottom price is $15,500 and current price is $27k, so that is a big jump in price movement.
Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.
Doesn't matter if it is volatile though, If you are here for the long haul, then you will just continue to do DCA regardless of the price. And that is the beauty of using this strategy.
Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.
Yes, but still, there are a lot of factors to look at and we can all just make our predictions based on his historical past.