Of course I tried hard enough to hold on to the investment and still accumulate bitcoins following the DCA method. I have bifurcated my holdings following the DCA approach with a roadmap of holding for five to ten years or until the halving in 2028. And my other halt is that I hold for every halving. So I will sell the hold in 2025 and keep another hold until 2028.
Hopefully the strategy you apply can always run quite smoothly because we all can't know what the actual market conditions will be after the halving this year. Although almost everyone believes that the market trend will remain fine as long as the price decline in Bitcoin is not too significant because if the price decline only occurs in a very small percentage, of course there could be more price jumps in Bitcoin. And those who continue to hold it with sincerity will definitely experience quite a lot of victory.
The current surge in bitcoin prices over the all time high is nothing as compared to when we see the bitcoin prices move parabolically in the bull run after the halving. Bitcoin dumped from almost 73K to 63K ish level and some people are panicking and saying that the bull market is over and other things. These people have no knowledge about Bitcoin and its pre-halving and post-halving phases. If they had some knowledge they would be saying such things.
I would just say that these small dumps are the buying opportunities and after the halving and in the 3rd quarter of this year, we will see the most bullish bull market big parabolic moves that no one can imagine at the moment.
Well am too sure about the technology that's behind bitcoin but the way the bull run elevated the price above the previous ATH is first that we haven't seen before and for now anything that has lead to the reduction in price of Bitcoin, I believe its all correct and preparations of the halving and the bull market that comes after it. For now the price is lingering around $60-70k and its become Normal because of the fact that bitcoin is getting ready for the big bull ahead.