Quote from: GreatArkansas on Today at 01:29:28 AM

Quote from: Gaza13 on July 04, 2024, 03:20:58 PM

Quote from: GreatArkansas on July 04, 2024, 01:42:30 AM

From my own experienced, a few months ago, I already hit my target on Bitcoin and I sold some of my Bitcoins and altcoins.
But I still own some, it does not mean I will not buy again, it's because it's my technical analysis and since I am investing - I just took profit.

To answer your question based only my own opinion, I am still not buying for now.

If the price of our investment is as expected, the profit will not be a problem for everyone to enjoy the results of their investment. On the contrary, I don't want to sell it yet and continue to accumulate and sell at the beginning of next year. I think for the current price, I think it's quite good for us to take or invest, as I know, no one is perfect in predicting prices in the market. If you delay, of course you will lose the downward momentum this month. Yes, of course we will definitely use the DCA technique. it's better because we will get the best average price for the assets we own.

I agree with you, always remember that there is no perfect entry when you are investing especially in Bitcoin as we all know the volatility and surprises on Bitcoin market, it could dump or pump huge percentage in just short period of time.
My experience was DCA also, multiple times I keep buying before.

You have to enter at the right time too, if we use the DCA technique we also have to be astute in seeing opportunities to enter and have to understand the market situation.
For example, like now, a big decline is happening, of course this is the time that a handful of people are waiting to be able to buy Bitcoin.
And indeed, for now I quite agree that Bitcoin must continue to be collected for the future because the percentage of Bitcoin prices that will soar high in the future is quite large so we have to prepare for it to take a lot of profits.