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.
Bitcoin is a solid project, and I think there is no need to analyze the market before we can accumulate bitcoin because it might delay us from accumulating our bitcoin on time. That is why it is good to adopt the DCA strategy to accumulate bitcoin. With the DCA strategy, you will not have to analyze the market; you can accumulate bitcoin anytime your fund for DCA is readily available, and you can even accumulate bitcoin when the price is increasing or decreasing.
The market is already pumping again and some are already getting excited about that while some remain being complacent in their decision making process because they are afraid of what may comes in next, though I've seen some that are saying the market may dump further but this isn't the reality with what is currently going on because we are still in the bull season, only the few who already took advantage on investing during the dump are now happy on their decision, when the markets goes dip, then we are expected to buy the more if we can afford to, we should be getting ready for more pumps and bullrun as we go closer to the month end and approaching halving the more.
How do you comfortably bother yourself about every pump that's going on in the market or a sudden dip that you just witnessed? So you want to tell me to be bothered that Bitcoin was down some days ago and then become too excited that it's gradually going up again? How long can I continue with that mix of emotion before I get frustrated with my investment and probably sell off my bought Bitcoin due to impatience?
If we are ever afraid of what might happen next with bicoin value then it's possible we are still looking at Bitcoin investment as a
ponzi scheme and not something we can hold on for long. If you've gone back to look at the past trend of the Bitcoin market maybe for the sake of knowledge, you will notice that it's never a linear movement if we are looking at it from an infinitesimal point of views like in days or weeks but if you look at the past trend of Bitcoin from a brother perspective like in years, it becomes obvious that the trend has always had what could possibly be looked at as a kind of linear movement because with time, the value of Bitcoin in the future will always exceed the amount you used in buying it which should give you the needed peace of mind not to be bothered about a one or two weeks upward or downward volatility. It's not wrong to try to buy more when you're at a dip or kind of smile at the market when you're gaining but regardless of the trends, you shouldn't allow it bother your mind as it's certain that if you continue with your holding, you must certainly reach your goal.