Quote from: michellee on Today at 04:03:41 AM

That is why investors who already believe in Bitcoin will still hold their Bitcoin even though the price is still low. In fact, they will continue to buy Bitcoin as long as the price is still low because they know it is their chance to get it at that low price. They will not want to lose the opportunity to buy and keep Bitcoin because they believe that it will return to its highest price in the future. And this has been applied again by investors still confident in Bitcoin. They don't panic when there is a correction but will look for the right time to buy more Bitcoin. We must be able to buy Bitcoin, too, and we already know the DCA method, which will be a way for us to buy Bitcoin regularly.

Seeing the DIP actually becomes favorable, always a good entry point to all investors. I consider full joy when the market DIPs rather than having the bull run, another chance of maximizing once profit by simply accumulating Bitcoin. When many cry for the DIP it's always one good opportunity to investors who understand the Bitcoin cycle and there you see them take advantage of it.
One thing is for sure, those investors who panic and sell off their Bitcoin during the DIP are yet to understand or even have the basic slight knowledge about Bitcoin and its volatility. Most people will say you need no knowledge first before investing but I disagree because knowledge keeps a person going as the road to making profits from investment may not be very smooth as planned.

Quote from: ginsan on January 16, 2024, 08:59:12 PM

Regardless of what we have planned in carrying out DCA, of course the best option is not to monitor price movements every day because it can have a bad effect on our minds. If someone has succeeded in accumulating Bitcoin with the DCA strategy in 2023 smoothly, I think their mentality will grow stronger to hold Bitcoin in the long term. Some may enjoy a wonderful time in 2023 because they can accumulate Bitcoin at lower prices. Maybe that is the moment of purchase that they will remember as the best purchase they have made.

Most people just prefer looking at what they have in their portfolio, the joy of holding Bitcoin can be a lot satisfying to the mind but regardless won't be actually needed due to causing tension when the price keeps going down to avoid quick selling especially to the new investors.

Quote from: ginsan on January 16, 2024, 08:59:12 PM

A few weeks ago we saw that BTC fees were quite high and I even went pass several stages to accumulate Bitcoin. But for now the BTC fee has gone down and we can return to accumulating Bitcoin. Especially this year, maybe this is the latest chapter for those who have passed a year of buying BTC with DCA and we are entering the second stage. Keep holding and don't look at the price every day. Do it according to the plan we have planned, namely buy and hold.

Well said, a lot in 2024 which those who missed the earliest stage of accumulation should not as well miss. Dcaing is worth applying now due to the steady correction giving a good price to everyone who decides to invest.