Quote from: uswa56 on July 09, 2024, 11:32:01 PM

Quote from: Dickiy on July 09, 2024, 12:06:31 PM

In my opinion, with the current market movement, Bitcoin is still relatively stable, the decline doesn't really worry me or make me scared and want to sell it. Instead of selling, it's better to add to our Bitcoin coffers while the price is still below $60k, that would be very profitable. . Using the DCA technique could be a solution to the current bitcoin price. Because maybe in the future or into next month the price of bitcoin will rise slowly, and it is also possible that the price will fall much further, but I think even if there is a decline it will not reach below $50k.

When you have made Bitcoin an asset to invest in for the future, of course you must be able to know well the right time to use when entering the market to collect Bitcoin so that you can make a profit in the future and if you don't feel worried about the decline of course This will be very good in understanding how Bitcoin works so that you have the courage to continue adding to your Bitcoin assets when there is a decline.

However, I think if you have sufficient funds then it would be better to buy more than usual and still use the method as you have mentioned according to the time you have previously set, because as you said we all really believe that in Some time in the future the price of Bitcoin will experience an increase, so if we don't take advantage of the current opportunity, of course it will be very unfortunate in the future when the increase arrives then we will not be able to make a profit from Bitcoin.

yes, I have to believe that investing in bitcoin will not make me lose, as long as I am sure that my investment will run smoothly and there are no problems or obstacles in my finances that will stop my investment, I will continue to accumulate bitcoin with the target that I set, remembering Long term is my goal, looking at market conditions. Now is the right time to accumulate Bitcoin, but for me I won't bother too much with things like that, I will just focus on the DCA strategy that I am currently using.

For me, the price drop is just a bonus for me to be able to buy more Bitcoin, in the hope that the target I have set can be achieved more quickly, but I also have to remind myself or people who are accumulating Bitcoin, that the market will not always continue to experience decline, there are times when the market also experiences an increase. Because it is difficult to predict the market, we can only take advantage of the few opportunities that exist. In essence, I just focus on what I target for the long term