Not only do we need to be patient, but we also need to take advantage of buying opportunities if the market continues to fall in the near term until the real bull season arrives.
Yes, I did buy with the DCA strategy, but it seems to need some mental arrangements especially if bad news comes often which makes us to sell the assets immediately. What are your though? how to arrangements it?
Once we have determined it is a long term investment and we are investing the money we can lose. There is no reason to panic when bad news comes and causes the market to crash. Like last year when Luna crashed and then FTX, I was mostly unafraid, and conversely, I'm excited with those black swans because they create the best DIP buying opportunity during bear season.
Given what's going on, it doesn't look like we're going to have another big crash, but if it continues, I'll keep buying, I don't see anything to fear if bitcoin falls below $20k again.