Quote from: Justbillywitt on Today at 09:14:24 AM

It is important for investors to continue with their DCAing of bitcoin and also very important to know when to utilize the other methods like buying the dip. As an investor who is in for the long term investment, we left with different methods of buying bitcoin and we have to know when to effectively utilize them. Bitcoin was at $73k and suddenly dropped to $62k, an investor who understands how things work should know that this was a reasonable dip and at this point utilize the strategy of buying the dip with the money that was already set aside for buying the dip. It is not just enough to the strategies that are being taught here, but knowing when to apply them it's the most important, because if you don't engage with it, it won't profit you.

Yes, our sole reason of making investment is to make profits, whereas we see extra possible patterns to maximize our profits is best to adapt to it. Buying DIP is an applicable strategy that can be implemented along side DCAing. If a person must have had the opportunity of having a reserve funds aside emergency funds, he would need consider using portion of the funds to accumulate more Bitcoin from the DIP.

Quote from: Hewlet on Today at 01:43:01 PM

Quote from: Aanuoluwatofunmi on Today at 09:47:45 AM

Quote from: Mayor of ogba on Today at 07:46:47 AM

Quote from: michellee on March 20, 2024, 02:14:49 PM

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?

It is not a matter of being bothered, already we know how volatile the Bitcoin market can be, it's a case of grabbing chances and entry price that may not reoccur any time soon, we saw how quickly the price of Bitcoin surged rapidly hitting an All Time High and in those process we never witnessed such deep correction like we experienced in this one. The market is recovering or falling should not be what we debate or set our eyes on, taking advantage at every price movement should be our priority I order to maximize our portfolio.