Of course, someone who bought at the top and then did not buy any more BTC will be stuck waiting for the BTC price to get back above the ATH in order to get into profits.
Snip
You bring up a valid point. It's true that if someone bought at the top and didn't continue to buy more BTC, they would indeed have to wait for the price to surpass the ATH in order to see profits.
And I have read the example which you have given. I totally agree wthi you.
In conclusion if there is anyone, a trader (except those who leveraging) or an investor they need to hold.
If there is a trader so he bought BTC on top so he will try average the BTC price. But still if he is in loss so he has to wait for weeks for months or even years to get profit when the value will go above his entry point.
In the end, each investor's strategy and goals may differ and it's important to consider multiple factors when assessing the profitability of BTC holdings.
Correct, this is why anyone that bought when the price of Bitcoin was very high, needs to continue with DCA regular buying to make sure that he increases his bitcoin portfolio and also to be able to balance the average cost of bitcoin that he is holding, because it is only when you buy regular that you will have the opportunity to get a better profit at the long run, instead of waiting and keeping his bitcoin investment stagnant till after tye price of bitcoin passes his entry point in the next circle, which nobody knows when.
DCA approach is very good because it gives room for you to recover with time if you bought on the peak of the market. When i am DCAing, I only just make sure that i am consistent in I and I don't bother to check if I am making profit because I know that as long as I am holding for a long term, I will be profitable at the end after I have reached my bitcoin target. This is because sometimes, the profit in your investment can be tempting, if you are the one that is always checking your profit, so to avoid distraction i don't check.