Quote from: eightdots on May 06, 2024, 08:36:24 PM

Quote from: Crypto Library on May 04, 2024, 07:06:39 PM

Quote from: krishnaverma on April 20, 2024, 05:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

~snip~

Using the DCA method allows you to invest regularly and minimizes the impact of negative news in the market. A better strategy is to make investments according to a plan.

Whether halving is a determining factor for investing varies from investor to investor. Some follow Bitcoin's cycles and invest accordingly, and there are those who practice many different investment styles. Waiting when the price drops and buying is one of my most preferred methods.

Problem is, some people are just too afraid or shall I say they have poor risk appetite when bitcoin is experiencing a sharp decline, they tend to just let it slip away doing absolutely nothing, they only accumulate more when bitcoin is starting to rise back up again.
Then, there are these investors who only accumulate when halving is near. These are the type of investment strategy that don't maximize the opportunity of making good amount of profit, which is also very common to the people who are relatively new to crypto space.
Those who have been here for quite some time already, they are low key accumulating every time they get opportunity, may it be the halving or not.