Quote from: Obim34 on February 26, 2024, 10:55:59 PM

Quote from: letteredhub on February 26, 2024, 10:40:34 PM

Quote from: jossiel on February 26, 2024, 08:47:38 PM

Quote from: I_Anime on February 25, 2024, 11:53:57 PM

yeah that's true. Base on my research about the previous halvings though haven't experienced anyone yet. But have done some research I found out that most time during Bitcoin halving bitcoin do undergo a certain dip(fir short-term), and after the halving alway experience a great surge in price. And most people may actually be thinking of purchasing bitcoin at that moment it experience the dip during the halving. And most of them may eventually endup missing out. And some may endup not accumulating more quantities of Bitcoin for the upcoming bullish run.

They don't actually know that those that have already embark the use of DCA strategies, and at the same the buying the dip would have more chances of a accumulating more bitcoin in their portfolio, Mostly with efficient and frequent DCAing.

But it seems different this time. Before we even touch halving, we've been seeing the pump that much and that's actually a good sign that this bull run might be better than the last one.

Last year when Bitcoin was under $30k, that was the great time for everyone to accumulate but it's still possible since we haven't peaked yet.

Buying under $30k was actually a great time but doesn't make those that bought from 30k above any different, it's not about when you bought but how persistent you are with your hodling till date. Anyone can buy above 30k or even at this current price which I still consider to be a dip, and set for yourself a healthy DCA plan and still make significant profit at the next ATH. If we get an ATH before the half this time around then let be expecting something spectacular in this bull run we're about to experience.

Buying even below this current price would have been a perfect opportunity to hold Bitcoin mean while a lot of topics and discussions has been addressed on the forum yet some people are still either procrastinating or keeping dead ears to begin the process. Seeing Bitcoin at this current price should not be a discouragement of missing out from the entry price, it's clearly another opportunity to hold Bitcoin, fascinating fact about using the DCA approach is it doesn't really bother at the purchasing price but rather how long intended to keep holding.

Anywhere below the last ATH is a fucking dip, so it doesn't matter when you bought what matters is if your holding.

Your right about DCA , if anyone has been using DCA since last year till now, he would have been buying on a monthly average that is very low compared to the last ATH and we are expecting the price to reach 60k or even exceed the last ATH this week. But I don't care, I have currently increased my DCA allocation for the main time till bitcoin exceed the ATH then I'll bring it back to normal, I don't want to miss out on this last set of dips we are seeing right now, if you are looking at the chart on a time from of 5 years then you would understand that all this while we have been on a very long period of dips, so even those trying to time the dip has been fooling themselves cause we have been on a dip ever since the last ATH 😀.