Quote from: PX-Z on Today at 10:52:43 PM

It's perfect time actually to stack up again since bitcoin goes down for a while now. You will gain at least 6-10% profit when you buy now @56k and until bitcoin goes back 67k or even more. As a i see that there is lesser chance it goes back down far below. Just don't forget to stop-loss if you are still in a trading platform to avoid getting loss instead since there is still chance for it to go back down.

Isn't doing DCA better than using a stop-loss? One doesn't need to use all their funds to buy Bitcoin at a single price point and then keep watching the market after that, one should divide their capital into multiple portions and keep using them one by one to buy Bitcoin as the price keeps going down because we never know, we might think it is the least price we are going to see for now but the market can always surprise us, so it's better to be prepared than to regret it later.

Some people do DCA but they do it the wrong way. You are not supposed to keep buying Bitcoin on every drop of $1k from its price, for that, you will need an extremely large capital so that you can keep buying. The best way to do this is to make the gap a bit bigger so that you can adjust your capital accordingly and be able to buy the bottom as well because if you exhaust your capital and the market goes even lower, you will regret buying earlier and not having anything left to buy more because that could generate more profits for you.