For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
Bitcoin as you may know is not really good on a short term investment, moreover I believe that what we are talking about here is Bitcoin in a long term investment and not a trading strategies for there are other thread to talk about that.
Bitcoin is not like a Ponzi scheme where you will be told to invest today and get huge amount of what you invested x3 no for Bitcoin investment is for the patient one where one need to hodl for a longer period of time in other to have a better profit for a period of 6,7 or more years.
Short term investment in bitcoins can also be profitable but for short term investment you need to buy large amount of bitcoins at once be it 10 thousand dollar amount or 15000 dollar amount. If you deposit $100 a week or $100 a month of bitcoins for short-term investing, you will never see success from your short-term investments. So one should give up the dream of profiting by buying small amount of bitcoins and investing in short term. One of the best times to invest in the short term was a couple of days ago when the Bitcoin price touched $60,000. Maybe during the bullish season it is possible to profit by investing short term in bitcoins but remember to buy large amount of bitcoins at once otherwise it is not possible.
We give the highest priority to investing in Bitcoin for long term investment. Maybe many people cannot invest their entire money to meet their family expenses so they adopt DCA method to invest monthly or weekly bitcoins. One of the benefits of investing in DCA method and holding it for a long time is that if we deposit $150 or more in bitcoins in a year
The amount will be thousands of dollars. If we can manage our investment for a long period of time according to a proper plan and specific goals, it will enable us to accumulate a large amount of bitcoins at a time.