We are once again at 30k barrier and to my knowledge this is not the first time in this year Bitcoin make it to 30k. The question is those who have bought Bitcoin at DIP, what there strategy should be now (as Bitcoin is slightly bullish)?
Yes, this is not the first time this year that Bitcoin has risen to $30k. This recent rise in Bitcoin should not make anyone mess up his DCA strategy of accumulating Bitcoin by buying the entire amount of Bitcoin he wants to accumulate at once because he thinks the price of Bitcoin will not reduce before his DCA strategy is complete. Keep up with your DCA strategy in accumulating Bitcoin because you can see the sign that Bitcoin is a solid asset and there is still enough time before the bull market kickstarts.
I am not after the price of bitcoin currently and I don't care what price bitcoin is now. This is because I am new into bitcoin investement, which I jusr started this year, so I intend to hodli for long. I would only continue accumulate with my regular DCA method, even in the next bell run, I don't plan of selling since I want to understand how bitcoin value increases with timeline.
Since by the next bull run, my investment portfolio will still be very small compared to my target. I want to have an insight of bitcoin price after the bull run, when I still have my bitcoin and continue accumulating till 2029, that will be the next bull after 2025 bull run to see how the difference in price from this next bull run with that of 2029, so that I can talk by experience, and not talking due to small profits and a short timeline. This is why when I see people that starts talking of profit now, I don't listen to them and I don't even check the price of bitcoin. It is only when I am buying that I do see the price. I am happy to have known about the DCA strategy and also applying it.