Quote from: ginsan on December 12, 2023, 09:57:12 PM

Quote from: SmartGold01 on December 12, 2023, 01:15:49 PM

You are correct sir

From the market direction it has proven and broken all indications that we are no longer in bear or having to say from Odohu that we are going to witnessed any dip currently, even though there will be, it could just be a market correct which I know won't go below $29k if at all it would go... This is not possible even though we can say that BTC is highly volatile but that doesn't mean that is a flip flop, there could be a little sideways movements but this won't entirely affect or effects the entire direction of bitcoin price to start dipping down in a way to go against its principle as they said " That we have the Bull and Bear season" Which we are currently on the bull run compared to where the price was right in the beginning of this year or do I say last year yet the market didn't disobey its principle.

It can be tempting for the price but there isn't a way the price would go against how its designed and configured, even though there are any kind of news that may hit the market so hard but that doesn't mean it would instantaneously changes its direction to bear sign or having to go below $29k although any thing is possible over here but with the fate and believe I have so far in bitcoin progression and the history never seized to repeat itself.

I'm not good at reading charts, so I don't care about prices when accumulating Bitcoin because with DCA we will get a price that is cheaper than our planned target.

There is no different between that wish you said to a trade called scalping, although I have heard about scalping.
From a little search I found something related to what you said and I quote "Scalping in Trading
The fastest trading method is “Scalping” or “Scalp Trading”, which has the lowest time span between opening and closing a position. In this strategy, profit is gained through small changes in price.

Scalp trading takes from several seconds to several minutes. In this method, trades are taken place in small time frames such as tick charts, which are the 1-second time frame chart. As a scalper, you should determine the suitable time frame before trading.". So like you said taking every little opportunity of the market make you a scalper then if you must apply DCA this doesn't meant you can't do that but more like scalping. DCA is depending on your income or salary per say it could come weekly, Bi-weekly or even monthly then you can take some percentage to buy BTC at the given price at hands but if the finance sufficient or sufficiently enough then doing DCA is just like wanting to miss a very huge opportunity in this bull run, don't get it twisted but bear is mostly fitted for DCA I might be right or wrong at your own point of views.