I think that I know what you are saying here, but ultimately we should realize that our beliefs are manifested through our ongoing actions, which could be ongoingly buying BTC, but surely sometimes we might get nervous about ongoingly buying BTC, so then we still are faced with a dilemma in which we have to assess how long we have been stacking sats and how many sats have we accumulated. Accordingly. do we keep buying or do we pause or do we make any other adjustments, and so in that regard, we have to have some ways in which we anchor our beliefs into where we are at and where we would like to go and questioning the extent to which we know if the BTC price might go up or down, but we still may well be in a place in which we either continue buying $100 per week or maybe we end up splitting $100 per week into two parts, buying $50 per week and using the other $50 per week for buying on dips.. or maybe we realize that we might get worried about whether we might regret any kind of a reduction of our DCA.. even if some of our current DCAs are getting us way less (nearly 60% less) than the amount of BTC that we were getting or the same dollar value a mere 2 - 6 months ago. . but we might not have many more options, and maybe we don't even feel like working harder or more hours or reducing any of our expenses anymore than we already had done, so we just have to deal with the cashflow that we have.
Basically, there is always a slight adjustment to when dealing with Bitcoin and ways to accumulate more, either applying certain strategies. Even when applying this strategies a person needs to think smart in a state of such dilemma, deploy certain methods outside the box even if it takes to apply another strategy our sole reason of applying strategies is to accumulate Bitcoin in a way we remain convenient without affecting our cost of living.
Who knows?
Many of us consider that the bull run is likely coming in late 2024 and into 2025 - but surely there can be no real way of knowing, and just perhaps not get too worked up about various scenarios that could throw off the pattern in one direction or another, but there could still be a plan to accumulate 0.5 to 1 BTC in 5 years, but then if the BTC prices are going up so rapidly, there could be some concerns about if those kinds of goals can be reachable, so then the goal could just end up getting adapted in terms of the amount of dollars invested and not really having strong ideas regarding how many BTC might be accumulated in the next 5 years.
We never can tell very accurately when is mostly likely for the bull run to begin but i believe what we are experiencing currently should be part of the bull run which is to happen, I consider this as a tip of an iceberg and many more are yet to come.
Setting a goal and achieving it is what a must do, sometimes certain scenarios tends to occur which will limit one's progress, if your initial plan was to accumulate certain amount of Bitcoin but unfortunately Bitcoin increases and the amount of dollars you put in can't match the amount you planned then it becomes an investment on the amount of dollars invested. In this way you measure your success in accumulating Bitcoin
Mate, read the quote again you will understand he/she says that accumulating Bitcoin with the DCA strategy will make people not have much profit in their Bitcoin investment because they used the DCA strategy to accumulate a small fraction of Bitcoin. If you using a lump-sum strategy to buy your Bitcoin and I'm using the DCA Strategy to accumulate my Bitcoin does not mean that you will have more Bitcoin than me because you are buying your Bitcoin at a go. Both the poor and rich people adopt the DCA strategy when they are accumulating Bitcoin, the most important thing is to adopt the strategy that will be suitable to control your emotions when accumulating Bitcoin and also keep you in a safer zone. Buying Bitcoin with a lump sum will allow you to complete the quantity of Bitcoin you want on time, while DCA will delay your accumulation process, in the end, you will still accumulate the quantity of Bitcoin you want.
DCAing in Bitcoin is mostly done when the market is kind of stable and slightly volatile or when the person aspiring to accumulate Bitcoin doesn't make enough income and only gets funds in a particular interval, so part is used to DCA. But this is considrarely the best option even for the rich instead of buying in a huge sum at a particular price.
Accumulating during the bear market should be done by purchasing in huge sum, because certainly it is possible to make back x100%, x200%, x300%, x400%. or even more.