Currently the Bitcoin market is regularly hovering between $40K to $44K and a few days ago we saw the Bitcoin market touch $88K. Such a change in Bitcoin price makes us believe that Bitcoin will touch $50K very soon. We are predicting that Bitcoin price will touch $50K but despite this assumption there are some investors who are not daring to invest in Bitcoin yet because they expect the market to go down further. They think that when the market goes down further, they will invest in bitcoins and as they invest, the value of bitcoins will increase again. Those who are expecting this are not now but long ago they have expected that the market will come down a little from the current position of the market and they have come so far to expect that their expectations remain expectations and the investment is not done. How can people who didn't invest when Bitcoin was worth $15K invest when Bitcoin was worth $44K?
For those who always expect a little less than the current price, I would like to say that a small price variation will not cause much problem for your long term investment so if you have an investment plan you can start investing and hold it for a long term plan.
Those who have invested in the Bitcoin DCA method since the beginning of January 2023 have benefited the most. Right now is the right time to invest because investing regularly will make the investment last longer and help accumulate money. Following the Bitcoin DCA method will generate more interest in Bitcoin investment. This is why I have been investing in Bitcoin for 14 months and am still continuing with the DCA method. I will keep my investment for 5 to 10 years so that I can accumulate a lot of money. I will grab more DCA methods to be successful.
That the reason love the DCA method, it actually helps in the way that the chances of you missing out us pretty low. To me DCA method is best for bitcoin trying in some other coin could be too risky. Like when I went to buy a certain new coin back then I keep on buying the dip but for it to help in reducing my losses was actually increasing it. I did till I reach a certain conclusion to sell in losses after the coin even went down the more, lucky for me that I quickly cut my losses till now the coin haven't have the strength to bounce back I fall as victim due to poor research habit. If I had made a proper research I wouldn't have fall as victim.
That why is good to always take your time and makes proper research before investing in any projects. Like bitcoin now DCA method just the best, just keep buying the dip even this time around bitcoin still finding difficult to beat $44k. Bitcoin just gathering strength because I the next rise its beating the price range of 40k and hitting price range of $50k even more than. According to JayJuanGee bitcoin is a life investment so just keep the DCA strategies going.