Quote from: fullhdpixel on Today at 08:16:59 PM

Quote from: Dr.Bitcoin_Strange on September 20, 2023, 12:18:26 PM

Do what works for you. I guess every trader or investor usually has a strategy that they believe works well for them. While I was trading, I mostly traded altcoin, although when I traded Bitcoin, it was just once and was futures trading. If I get back to futures trading and make some profit, I will still invest a lot of my profit into Bitcoin. For now, I am only bent on accumulating Bitcoin on a DCA strategy, even if the goal is not to sell in the next bull market. But in the future, more bull markets will come, and there is hope to sell at a high price and still make a profit.

Are you seriously planning to accumulate Bitcoins now and hold them for a complete cycle and wait for the next bull run instead of the one that is about to come? That will take a lot of patience I must say, because a complete cycle means that you will keep holding through the bear market and then wait for the bull market to come, wouldn't it be better if you sell during the current bull run if the price goes significantly high and then buy again when the market crashes?

If I was accumulating Bitcoins through the DCA method right now when the market is relatively low, I would most probably sell them as high as I could during the bull run and then keep the stablecoins, wait for the bear market, and then buy again, who knows, I might get a better price then.

Going yourself to pass on possible bull runs along the way would really be not so easy considering that we do have that selling point that we do have in mind on which it would really be just so normal on having
impressions on setting out those selling points or taking profit because not all would really be having the patience on holding for long term or would really be talking about preference because there are ones who do love to see profits for short term and we know that we do have that 4year cycle on this market where it involves bear and bull sentiments on which it would really be just that common sense on when is the right time to accumulate and when is the right time to sell out your coins for profits. Majority of us do come here for the profit and on not the actual utility of those coins or projects that you are investing or even with Bitcoin. We are all here for the profits and this is why we are really that mindful in regarding about market conditions or simply with the volatility.