Post
Topic
Board Speculation
Re: Every moments of bitcoin value is appreciable for investors
by
Mayor of ogba
on 04/06/2024, 15:03:38 UTC
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.
Accumulating bitcoin with the DCA strategy is important because it will make you not to time the market or wait for any entry point. With the DCA strategy, you can buy bitcoin at any price because, even if bitcoin is increasing or decreasing, the DCA strategy will allow you to accumulate bitcoin during those times. Those investors who bought bitcoin when it surpassed the previous ATH had doubts about bitcoin, but when bitcoin achieved a new all-time high, they had no choice but to start accumulating it. If there is a little dip in bitcoin, they would be forced to sell their bitcoin at a loss because that was not what they were expecting from their bitcoin investments. Let's not accumulate bitcoin because of "FOMO" so that we will not want to sell our bitcoin when there is a dip.