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.
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.
Odohu your point is clear over this argument as that speaks volume in my heart, I can't say that one don't need border when using the DCA strategy but in this case it's extremely advantageous to we the user of the DCA as opportunity to ease the stress involved why evaluating T every point inorder to know when it will suits your investment DCA has cut off this high level of evaluation. All one just need is how to keep or double it's investment and continue in the holding considering the fact that the rise or Fall may not have much direct impact until duration or expected year of selling.