Quote from: bestcoins1 on Today at 02:29:12 PM

Quote from: erep on July 22, 2023, 10:30:54 PM

I think the trading strategy may change depending on the unpredictable market conditions, if you aim to change the strategy for short-term trading because of the opportunity to profit from fluctuating market prices then we can take advantage of increasing the investment value to buy back bitcoins when the price is corrected, but the strategy will not be effective if the pattern of movement changes and the market price is not what you predicted, for example you have sold a price range of $35k increase but the price increased dramatically the following week, but you will hesitate to buy at the same price and wait for the price to drop lower to $30k-33k. I have implemented the DCA strategy for buying low prices to prioritize holding for the long term, I think holding bitcoin would be better if you commit to holding until the next ATH price.

Actually I also don't like to trade short term if it is for Bitcoin, because generally I myself prefer to keep Bitcoin for long term by buying it gradually. Yes, the DCA strategy you mentioned is indeed very suitable to apply if someone prefers to keep Bitcoin in the long term, but for short term trading it is true that it will not be effective enough if the increase continues while we have already sold it at the previous price.

So without realizing it we have to stop for a moment to trade if there are no more corrections occurring, but for now I think you yourself also don't forget to look at the market where increases and corrections always occur and are even almost balanced so that this condition is always used by those who like trading in the short term. Meanwhile, for those who prefer to save it for the long term, maybe right now they are still quite relaxed in dealing with the current conditions even though they are still continuing to implement DCA.

It all matters with your target or preference because not all would really be having the patience when it comes on waiting for long time before they could able to sell out their coins and making a small profit.This is why they

would really be that deciding that they would really be doing short term trades because they would really be always preferring on seeing profits on short term basis on which i couldnt really blame them.
Even myself would really be having that kind of preference rather than on waiting for so long. Selling point or goal or target is a must and it would really be wise that you wont really be making yourself
that get caught on other cycle which it do last for every 4 years. Waiting time would be so long and it would really be wise that you should know on when to get out and take profits.

Dont make yourself that too dumb on what would be the sweetest spot when it comes on selling out, because not all would really be that mindful about making
such actions on the time that they are seeing those opportunities to get out.