With bitcoin as well rest of the altcoins every dip is an opportunity to make an investment. Very few make use of this while majority of the users just keep hold of the assets for the bull trend. To make a good profit out of bitcoin it is a must to move along with the market than just holding focusing on targeted growth.
Perhaps we can capitalize on the current market downturn, but not everyone is knowledgeable about this. When the stock market appears to be in the red, some might think it will continue, waiting for the right time to buy. Without realizing that the market turns green again, and vice versa.
Maybe we realize that taking advantage of the market is much better than waiting for the target of a bull run. However, for those who lack patience, they often experience misfortune, so they prefer long-term investments by investing without checking the changing conditions of crypto prices.
That is why we are not talking about trading and only focusing on investment and some strategies about DCA in this thread because we know that when thinking too long and expecting the price to drop further it will destroy your own conditions in purchasing and it changes the plan that you want to do from the beginning so with this when we already have a plan for the long term and have some purchasing strategies then indirectly we become less concerned about the price increase or decrease that is happening now because the goal we want to achieve is a longer term for the next few years.
Choosing a long-term investment is a choice not a misfortune so we have to choose correctly what we want to invest in and of course bitcoin is the right place for that. we have to distinguish bitcoin from others in this case especially when talking about the whole crypto then I think it will not be too relevant to the previous discussion because the initial focus remains on bitcoin not for others.