Yeah and what's there to wait for? Because for the past twelve months the whole community, including altcoins, has experienced LUNA crash, FTX bankruptcy, other centralized services bankruptcies, the bank runs in the U.S., and the SEC FUD. Bitcoin is still above $30,000, close to +100% since November!
It's either DCA or buy every DIP, like during the time I started this topic.
It's either DCA or buy every DIP, like during the time I started this topic.
If we pay attention to what you said about Bitcoin's Resilience it's worth it Even though BTC faced many difficulties like collapse of LUNA, FTX bankruptcy, and bankruptcy of centralized services, Bitcoin managed to maintain its value and still trades above $30,000 and My view was a while ago that altcoins were more unstable and the value of Bitcoin has not been significantly affected by financial events or regulatory issues for sure. To use DCA, I don't think it's a problem, it's just that the market movement cannot be predicted with certainty.
It will be a shame on those who thinks they can hodl altcoins for long as they do with bitcoin, many of them already fall a victim of Luna when the scam occur and to my surprise in knowing that some are still using this dip season to buy more altcoins than they have invested with bitcoin to hodl, let's watch out for more burst coming out soon before the bullrun season appears fully, while for now, you're only adviced to buy and hodl bitcoin because it's reliable and lesser in risk compared to other cryptocurrencies you could have chosen for an investment