Quote from: laijsica on Today at 05:46:20 PM

Quote from: Odohu on Today at 12:41:53 PM

Quote from: michellee on Today at 10:10:59 AM

Have you bought Bitcoin during the current correction? Or are you still waiting for an even lower price? If you haven't decided yet, don't forget to prepare your money to be able to buy Bitcoin again before the halving or after the halving.

Those of us using the DCA method are not disturbed about the correction, in fact, it is even to our advantage as we will now have to collect more Bitcoin for the same dollar value. I was somehow happy at the drop because it is like a final opportunity the market offer us before the halving which we don't know what will be the immediate effect on the market even though we know it will eventually lead to higher prices.

Quote from: michellee on Today at 10:10:59 AM

This would be another opportunity to buy Bitcoin at a low price of under $70k. We don't know whether the price will fall further. The important thing is to always be prepared and not forget to activate the alarm so we know when to buy it.

Yes the drop is also a good opportunity for those who employs buying the dip, their only challenge would be decided if a drop from $71k to $67k is something they might consider a dip to buy. This is where the advantage of the DCA method is evident, no stress about the dip, no worries about entry point and no single panic about volatility.

DCA Strategy is a unique way to depositing bitcoins. You should be a little more strategic when the price dropping you can increase the purchase of bitcoins which will further increase your investment principal amount. Strategic investment will protect your principal amount as well as the number of bitcoins compared to others at the same time. The dropping price of Bitcoin should be your biggest concern that you will buy more BTC.

Yeah, when the price of bitcoin drops it becomes an advantage for people using DCA method to buy bitcoin in a discount price. The best way to prepare for the dip, so that you can take advantage of the dip and buy more Bitcoin, is when you are prepared for it, by saving extra funds that you never expected from your place of work or that is not part of your income. Funds like bonuses, traveling allowance, and other kind of funds that you don't expect. You save it and keep it, so that when there is a dip, you can use that money to buy at the dip. This is why when you are investing in bitcoin, you should prepare for both DOWNity and Upity.