Quote from: letteredhub on Today at 09:14:47 AM

Quote from: Neobanks on Today at 01:09:32 AM

Considering the flutuation in the present price of Bitcoin there may be expectable more declining in price, although it's not certain but it seen to happen and if this happen those that are in rush to buy Bitcoin now may still regret for not waiting for minimum decline before making the investment. However, the present decline may be an avenue and the opportunity for those that were not financially able to invest at the high price of Bitcoin to invest and accumulate more Bitcoin as much as they may possibly afford with the expectation of a near future appreciation of Bitcoin price.

Thats where the deception and the statements of "had I known" usually arises as a result of the thinking that the market will continue to dip to a certain point before we can then start buying and we end up failing to buy because the market as a speculative one later disappointed us of our expectations and dis the opposite by rising to a new price level unexpected. As a holder with a long term DCAing strategic plan as the market dips at each level that's how we should continue to buy if the money is available, we keep DCAing with each deep instead of waiting for it to get to a certain dip before buy, that idea is a wrong attitude and should be eliminated. Buying the dip doesn't have any price depth it is for us to keep buying and holding as it dips so that when the bull run takes flight we make multiple levels of profits from each point of the dip we bought (DCA) at in total.

Buying at a dip price is not a bad strategy, it's just that it is not advisable to keep waiting for a dip before accumulating unless maybe a short term hodler that is just interested in the little profit they would get in short interval of time. Apart from Bitcoin there are other investments that we do in real life that takes so many years before the profits start coming. Investment is not a get rich quick project as it requires a lot of patience and perseverance before you can start recording success in it.
Every long term hodler knows that there is no late time in Bitcoin accumulation process because certainly they will record some profits in the future so they are never afraid to keep accumulating even at a price that looks unbearable.

The reason why some investors fail while using the DCA is improper planning because I see no reason why an investor that have engaged in a lot of investment strategies would not know that before choosing to DCA they need a stable atmosphere that will not deprive them of their continuous accumulation therefore having a reliable source of income and possibly alternative means should in a case where the principal source isn't coming forth again, they can eventually fall back to the alternative means to still continue forwarding the DCA.