Quote from: ginsan on January 19, 2024, 08:50:56 PM

Quote from: Salahmu on January 19, 2024, 08:22:55 PM

Actually I no that every investors has there own strategy that favours them but however I would suggest that you shouldn't only focus on buying Bitcoin when it gets to $38k because there is no any certainty that Bitcoin price will drop to that price you intend to buy because the reason why I'm saying this is that I have seen numerous of investors who focus on buying Bitcoin only when it gets to a particular price and they waited for a long time and the price could not get to there intended points as such they missed all the opportunity they had on taking advantage and accumulate Bitcoin.

So actually instead of waiting for the Bitcoin price to get to $38k before you start accumulating you could use the strategy @Jay was suggesting, from my understanding he suggested that while we wait for the price of Bitcoin to dip before we can Lum sum that there should be a plan to have another separate funds that will enable us keep accumulating using normal DCA while we wait for Bitcoin price to dip to your expected price before you could Lum sum, so perhaps I will advise you use this method so that it will enable you have some amount of Bitcoin if should incase the price doesn't get to your expected points.

I don't think it's a problem for them to wait for the cheapest price to accumulate Bitcoin, they can wait for $30k, $35K or $38k as you mentioned. Yes, they can make purchase entries at that price without disrupting regular purchases with DCA. I often implement more aggressive purchasing planning at a cheaper price level with funds that I focus on purchasing at the lowest price but that will not disrupt my planning in DCA at all, meaning that DCA continues to run at every stage.

For this reason, it is important to have USDT in your wallet which can be prioritized for buying at unexpectedly low prices, for example making a purchase entry at $20k or $30k. Yes, even though it takes time and it is even difficult to happen at the moment, we don't know if the market situation could suddenly change strongly. However, for those who don't do it DCA or they just buy all at once with a cheap entry, it will certainly require patience to see the price at the level they are targeting. But generally they will miss many opportunities if they continue to delay their purchase. Doubts should not exist for someone who is a loyal holder, meaning they continue to buy with DCA and also buy at the lowest price with the reserve funds they have planned.

It matter on how they capable of and what price they like to enter since at the end of the day they are the one can decide regarding if they want to enter on certain level or not. We can also see the level of understanding what people show since it became obvious to us especially if they are showy on strategy show to us.

I also often became aggressive for acquiring especially right now that there are good drops happening since I always believe that there will be more for bitcoin this year especially ETF and halving is there so for sure we can get good profits by third quarter or fourth quarter of this year if there's good hype will be build up after that events to occur.

For this year I am more doing DCA and only spend a little bit for long term since current possible hype for this year is good for that strategy and for sure there's a lot of people will get rewarded just like other halving year where big pumps happens.