Hi there
hope y'll doing very well today i was just going through here and i read these discussion you guys having with each other i found it interesting so i thought i must share my experience as well. A couple of months ago i was just waiting for the BTC dip like well as i expected BTC will go for 20,000 it wouldn't reach there. we all know the aspect that we can't time the market anytime we can just make some prediction according to the previous history analysis so that's what i do....well when BTC price came to 25700 i bought some amount of BTC according to the savings i had but i didn't invest my all amount at once then i still expected btc go more down and literally it happened after that very next week BTC price came more down i was about i guess 24800 and i did more investment and seriously i found DCA as very good technique it make my whole portfolio in profite and i still waiting btc to go more down like i think it can still go to the around 23 to half of 24 thousand what you guys say about that must share you opinion with me it will add up to my knowledge and information as well Many Thanks.
Kind regards
snowpega
Expecting a continuous price decline like that is also not very good after you have succeeded in getting Bitcoin at low prices twice in your previous purchases. Today Bitcoin has re-positioned itself at a price of $27K and you should be able to smile a little because you can immediately see profits in your portfolio without having to wait any longer, but my advice is to continue holding it until you see the price double the current price so that you can feel true happiness through Bitcoin.
The DCA strategy that you are doing has really worked very well and I think you also really understand it so that you can continue to use it in the future when you have money saved that you don't use for other things. And the price increase seen now is also not a bad phenomenon for you, even though you still want to buy Bitcoin under $25K, but for now look at the profits you have made so that your confidence in Bitcoin can continue to grow.