As new investors we expected Bitcoin to touch $100k this year but it is currently in a bit of a downward trend. Still I'm more optimistic that I can buy Bitcoin at my expected DIPS but if it continues to be bearish for longer I may regret not buying at a lower price. Waiting for more dips may give better results although chances may be last. My question is should we continue buying now given the value of Bitcoin? How fruitful is the initial target for Bitcoin holding until 2025?
The reply you are looking for to best answer your questions is not possible. Any response you get to this your question is just base on speculated facts and not true facts that you can rely on. If you’ve been doing DCA since you started accumulating your bitcoin, you don’t need to worry about this dip, all you need to do is to buy again to settle the ones you’ve bought at an higher price in order to get a unified low amount for each unit of bitcoin. I have strong hope in bitcoin and I don’t doubt if it’s going to do well after the dip, of course it will do well looking at the future prospects of bitcoin as a whole.