What you say is quite correct, in fact I have been doing it for the last 1 year by stacking with DCA. First of all, we have to be consistent in continuing to buy at maturity and don't worry about short-term price movements because that can doubt the decision. After we go through 10 stages of purchasing with dca, you will be more confident in continuing to buy because our confidence will grow in continuing to buy at each stage. I make purchases every 2 weeks and I only make two purchases a month.
Short term profit can be so convincing to opt out of the market once you see your saving value increases. You tend to feel obligated to exceed the market in fear of loss in the future if the market doesn’t continue to grow for some time. When you have decided to invest in bitcoin, you shouldn’t have such mindset again, because it will limit the profit you are going to get and make you feel like long term investment won’t be a profitable one for you. If you want to make a good profit in bitcoin, have a mindset to invest for the long term and not short term.
However, there are also those who make purchases every week, but it all depends on the strategy they apply. Those who implemented DCA purchases in the last year were lucky enough to be able to buy BTC at a cheaper price of $20k at that time. The best thing is to buy and keep holding and don't sell all your BTC holdings if you are in an economic crisis, sell just a little and when your economy recovers you can budget back funds to continue buying BTC.
The most important thing is to buy bitcoin and keep accumulating them in your savings, the timeframe of buying them doesn’t really matter as long as you’re still purchasing them. Till date, I still feel like bitcoin is still in a good time to buy for the long term, we are yet to see the massive bull run that is anticipated for. When you buy now, during bull run, it will look like though it was cheaper now than that time. When you’re hit with economic crises, your bitcoin savings should be the last option you will temper with, in order to have maximum profit in the future.
The price is coming down again so those who are interested to buy should do that and start the investment journey and I don't think Bitcoin price will still go down to $30k again. Because of the increment of price these days many people were learning trading because they could not afford to buy it and it an opportunity again. But one thing no am also thinking of it is that for now we can't buy from p2p because of the high transaction fee. Like if I want to buy Bitcoin from a friend who's using Electrum wallet to send me Bitcoin to my Electrum wallet, the fee will be unbearable so it will be difficult for people to buy the dip and hodle.
No one can tell whether bitcoin price will go up in price or go below a certain price, everything is just market speculations that when you want to always follow them, at some point you’ll be misled and miss out on good opportunities to buy. Before, now or later is still a good time to buy bitcoin because no one can tell what the next price will be. About the high transaction fees, you can still purchase some of the bitcoin you wish to now, since you don’t need to spend them now, anytime the transaction gets approved it is still okay since you’re buying from a friend that you know and can’t cheat you or change the receiving address later.