The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,
So my question is when is the best time to buy Bitcoin?
Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.
Long-term bearsness of Bitcoin will certainly be bullish, but many are reluctant to risk investing in high volatility. In this situation DCA plays an important role in Bitcoin holdings by reducing that risk to an investor. On the one hand it reduces the risk and on the other hand it gives every opportunity to increase the Bitcoin portfolio. DCA is the best strategy for those who are preparing for long-term holdings of Bitcoin. None of us know when Bitcoin will rise and fall. However, by following this method, the investor can remain risk-free regardless of the rise and fall of the price.
I think every dip is the best time to hold bitcoin. Those who understand the importance of Bitcoin will definitely try to utilize the most of the dips. Bitcoin's current price is also a good time to buy according to it's potentiality.