Quote from: Blitzboy on Today at 06:30:03 AM

Quote from: btc_angela on June 16, 2023, 09:16:20 PM

Quote from: Natalim on June 15, 2023, 08:54:17 PM

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Yeah, but it might be a blessing in disguise for crypto investors. There could be sellers now who might regret their decision to sell very early. On the other hand, those who buy in the crash, not just this crash alone, but last year when the price really drop down hard and some of the coins went to -90% from their last all time high. So those coins are going to be very cheap that time and now it presented another opportunity to buy when the news of Binance against SEC hits the market.

So in this kind of opportunity, we should really take advantage of it by buying and then maybe we can continue doing it thru DCA if your goal is long term. And obviously the best time to sell and take home profits is during the next bull run.

Indeed, some investors anticipate a crash and opt for liquidation. But is that prudent? Your claim that Bitcoin wont plunge below $25k in a crash is audacious. Yet, given the crypto market' notorious volatility, its unwise to set such rigid limits. Markets dont adhere to our wishes, correct?

While crashes present an opportunity for acquisition at lower rates, one must tread carefully. Not all 'deals' justify the risk. The DCA strategy can be a safeguard, not an infallible solution

Selling during bull runs is traditional advice. However, pinpointing the onset of a bull run is like solving a complex puzzle. Who declares its commencement? Do we recognize it when we're in it? The crypto market' unpredictability calls for persistent skepticism.

Certainly, no one can guarantee that Bitcoin won't fall below $25,000; it already fell a little below that a few days ago but recovered. As I've mentioned in another post, if the current SEC lawsuit progresses and we have further investigations and possibly the abandonment of the US market by Binance, then we're almost bound to see another crash, similar to the one that occurred with FTX. It may last a couple of weeks to a month or two, but eventually it'll recover. DCA is a decent solution to lower the risk, but it's not an infallible solution nonetheless. While this may seem like an opportunity to purchase BNB, for instance, the current situation isn't ideal.