Lots of big players have been scooping up this recent discount given to us by the German Government & MtGox FUD. Yesterday ETF inflows were positive, I think the current downtrend will be over soon & we’ll start ti rip upwards, patience is key here.
First time in my Bitcoin journey I'm feeling excited about a dip rather than being agitated. Now I understand the saying that "when you know better, you do better" because knowing about the DCA method and the importance of thinking long term changed everything for me. Now I'm happy that we had this dip and I made good use of it to increase my Bitcoin when others were crying and panicking.
If the dip can continue till ending of next month, I will even like it the more because it is to my advantage to meet my Bitcoin accumulation objectives.
When the price is down and we are doing the DCA strategy then this is what we want where we can buy more bitcoins with the dollars that are input for bitcoins then with the current market situation the amount we get will be more than the purchase a few months ago.
I don't have a problem with the decline, it's just happy that some of them may panic because they see the portfolio that continues to decline if we don't take profits now then don't worry we must focus on continuing DCA all the time so that the accumulation continues without any obstacles.