When I am back to the market, I was impressed by Bitcoin's movement. I expected that to happens before I left the market a few days ago. Now is still a good time to buy more Bitcoin, either buying directly or continuing to run DCA.
With this price drops, many investors have entered the market to buy more Bitcoin. However, some investors are still buying for small amounts because this correction can continue. Be careful when buying Bitcoin. Don't forget to analyze market conditions before deciding.
Now if you do DCA then you will benefit the most. Investing in Bitcoin only with the DCA method is successful because the risk is the same with long-term investments. You have accumulated money and you can quickly deposit bitcoins using the DCA method. Because the DCA method controls the average price, you will never experience a loss when buying Bitcoin, because Bitcoin must recover after four years.
Bitcoin that actually even need four years to recover it can happen anytime , but every bitcoin always undergo a tremendous increase in price . Yeah DCA method one of the most comfortable method in accumulating Bitcoin, but the other strategies also have their roles in accumulating Bitcoin. DCA strategy is like a fixed strategy in accumulating while the other have their seasons, like buying the dip is mostly when there's any dip in price. While we also have lump-summing so they all have their role to play in accumulating bitcoin.