Those who bought at $20k early last year saw opportunity and seized it, when others were seeing fear/crash and today those who took the opportunity are now seen as the heros who has won. For you to see profit in Bitcoin investment you have to make a firm decision, stand your ground even if it means standing alone, that is buying when others are selling and dragging the price down. Don't look at price just keep buying.
Those who buy for investment purposes do not often consider how much it costs, except for someone who buys for trading purposes. Because investors usually target bigger profits for a longer time, while traders who only hunt for small profits only use very little time for that. There is now a slight price correction that is still possible for many to take advantage of if we are still confident enough for a price of $50K this month or beyond as the time for the halving approaches. So in general I still don't hesitate to buy as long as I still have confidence in getting more.
Those who see prices of $20k and $15k and decide to buy them are the ones who are really good at looking at the situation. They are not afraid to see the price drop drastically because it is a golden opportunity that they may not be able to see again in the future.
It is possible that they will postpone their DCA for a while and buy with a larger amount of money than they can afford. That's because they think a golden opportunity should not be missed. But people who buy for investment purposes should also think about the costs because they don't need to buy all-in, which is what I often find. They argue that using big money to buy at low prices can provide a lot of Bitcoin. That's right. But there is no guarantee that the price will remain at that price, and often, the price will decrease again.
Investors must make the best use of the current price correction. If they still use DCA, that's good but if they only buy when the price decreases, they should be able to analyze and determine when to buy.
For sure they not afraid to see that dump especially if they don't have holdings since this is buying opportunity for most of those people. But if they have stock BTC on their wallet to use for DCA I guess this is bad event that happen for them especially if they are speculating to sell it on some target timeline. But good thing for other traders especially for whales they can do good decisions with especially if they have lots of experience since they can buy more cheap bitcoins then wait for another perfect time for it to pump so they can recover together with gaining profits for new coins they bought.
Maybe they just delay it and extend more time but for sure once they see huge growth happening and they are enough with the profits shown usually people will sell since they want to take profit and repeat the cycle again. If we are doubting because we don't want to see the price to decrease again then I think its better for us to follow each market trends since once we found out that there's something good events that can help bitcoin market to hype up and get a good future pumps then maybe this is some sign that those people accumulate and execute again their plans to do DCA.