Now Bitcoin deep market is going on at present, so if you invest during this time you will definitely find success. Because success will come in the way that you get the maximum benefit at the highest cost. And the ideal investment would be if the holders invest most successfully in the current period.
Now is not the right time to invest your money in Bitcoin, because currently the market is in a sideway position and most investors are just waiting. It's better to hold and see how the market develops because currently there is a lot of market uncertainty and at any time the market can drop.
With this one sentence you are contradicting yourself retreat.. Yeah, no need to invest into bitcoin if you already have some (or enough), but what if you either don't have any bitcoin or you do not have enough? Then what? And, who is going to tell you that you have enough or not?
Do you believe that the bitcoin price might be dipping more from here?
And then what if you wait for the bitcoin price to move up in order to confirm that it is going up, and so then it goes up 10% or maybe 15% in a very short period of time, prior to your being able to act, do you buy at that point? or do wait for the BTC price to dip back down?
To me it seems better to just buy consistently, and yeah, there can be some folks who feel a bit better to hold some of their extra cash aside for dips, yet of course there is a trade off with any waiting to buy, even though surely sometimes waiting to buy might work out and it becomes much more justifiable as a strategy to wait when you might have already been buying fairly aggressively at various points in time prior to deciding to wait for a bit prior to buying some more.
But if it's just DCA, that's not a problem, you can accumulate it from now on and hold it for the next few months.
Surely "just DCA" is not a problem for brand new bitcoiners, and maybe even those who have either been accumulating small amounts or may have ONLY been accumulating for less than a whole cycle.. even some folks could have had been accumulating bitcoin for more than a whole cycle and still feel that he is in a zone in which he needs to consider continuing to regularly accumulate BTC.. even if he might be in decent BTC profits he still might feel that he does not have enough... .. so strict DCA might still be his ongoing approach.
Let's go back to the guy who has been investing
$100 per week in bitcoin for the past 6 years and let's say that he has an income of right around $50k per year, and maybe his income has gone up to $75k in that same period of time to somewhat compensate for the ongoing debasement of the dollar... so yeah, if his investment into bitcoin may well have gotten him in the ballpark of 2.4 BTC, so he is not doing bad, but he still is hardly in a position to stop DCA'ing or to change his strategy... unless maybe he had doubled his investment during that time from $100 per week to $200 per week, but still that might not be enough BTC to really feel that he has enough to change his strategy. .. surely 5 BTC would not be a bad place for a person of $75k salary to be.. but it would likely still not be enough to be at fuck you status or perhaps to be in some other place in which he might believe that some strategy other than ongoing DCAing would be the most justifiable of strategies.