I know there have been a bunch of people saying the market conditions are changing. And we are closing in on a halving which historically indicates a bull market.
REGARDLESS of people saying that Bitcoin is on its way to a million in 12 months (it’s not). Buying is still a sound advice.
The bottom has past Bitcoin could not be touching 16-17k again possibly ever and Bitcoin has found support as high as the 28k level. Majority of BTC addresses are holding. Even with wars, fed rate increases, government policies, inflation, is doing extremely well. It doesn’t make sense for such a large back track now and people will continue to accumulate and hold waiting for the halving.
For example: In the context of the topic of this thread, what are you doing?
People are terrified right now, which is understandable. However, I will stand by my conviction that bitcoin will go up, and that these are the most favourable times to invest in it. DCA is a useful strategy for surviving in these circumstances without becoming upset.
Are you buying dips? Are you DCA'ing? Are you lump sum buying? are you just waiting? or some combination of those?
Yes i am buying the dips! And DCA is a useful strategy for surviving in these circumstances without being emotional