While some short term goal investors are feeling disappointed in the Crytop currency market since few days now after the value of bitcoin has depreciated from $72,000 to $67,000 as at today, investors who're on the DCA purchasing method are taking chances of the fallen values to accumulate more to their holdings While there had been investors buying even when the value has surpasses the previous ATH because they believe that it's just a symbol that more values would be added to the market to appreciate their assets.
Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
Bitcoin does not have a purchase period right, but the cheaper we can buy it will be the period most awaited by many buyers because it is not a time that we will easily get because the current price will tend to rise. The price for now is down around $800 from the last ATH so it could be said that this is a good period to also buy it because the ATH of around $72,000 is just the beginning of the highs that will be reached next year if what is predicted goes as expected.
When Bitcoin starts to pass the last ATH, it will still be a good period to buy, but the opportunity to keep it longer will be possible, especially if you buy it at a price above $100,000, but for investors of course that is not a problem because the target is long term.
Bitcoin is certainly a good buy regardless if the market is bearish or bullish. However, there’s a high advantage if you start accumulating bitcoin while the market is bearish and the bitcoin price is low, because you ca n maximize your accumulation and maximize your future profits as well as long as you decide to sell at its new ATH. But if you’re here for 5 to 10 years long term investing, the current price of bitcoin is not a big deal as you will continue to DCA whether bitcoin price is low or high.