Quote from: rachael9385 on Today at 10:56:12 AM

Quote from: As-Soon-As on Today at 03:33:22 AM

While you're being scared, smart money is doubling down.

That’s because this dip is nothing new.

As you can see, Bitcoin goes to a new all-time-high every 4 years:

2012: Bitcoin goes from $12 to $1000 = ~9,000% increase
2016: Bitcoin goes from $650 to $19K = ~3,000% increase
2020: Bitcoin goes from $8K to $69K = ~1,200% increase
2024: ?

Notice how, in every consecutive cycle, the #Bitcoin    returns get smaller by about ~60%.

That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.
here
Thoughts?

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market. So it is proven that once an investor invests and if he buys DCA method or regular dip then he will definitely get success. And this figure proves the success of investors.

You talking about ATH, I see no errors there but talking about when a new Bitcoin investor should buy Bitcoin, I think for the person to wait for the dip is not a good idea. Waiting for the dip only proves that you are skeptical about Bitcoin price, which means you are thinking that Bitcoin will continue to increase and you won't be able to buy Bitcoin at a high price, as a Bitcoin investor you are supposed to withness the up and down of the price of Bitcoin, and not only the success, but you should be rest assured that you will never sell in loss because you are going for a long term.
If you want invest don't wait for the dip because DCA doesn't say one should wait for the dip before he or she start investing on Bitcoin. And again, if you are applying DCA method on your investment buying Bitcoin weekly is the best way to to use DCA method, if you are being paid $100 a month you can decide to invest $40 on Bitcoin which means you will be investing $10 per week and with time if you get to be promoted and salaries are doubled you can also increase the amount you are DCAing with (depending on how much you are paid).

Sure the upwards and downwards movements of the price of Bitcoin is what keeps the Market balanced so an investor who is a beginner should not only think about buying with the believe that the price will keep skyrocketing because a time will come when the price will also experience some DIP in price so if it is someone that bought with the mindset of the price to continuously increase, they can become emotional when the price starts going down and they can even decide to sell out of panic which will be a very wrong approach for a beginner. A beginner should be able to understand that the journey of their hodling is a very long one so they need not to look at the price of Bitcoin at any intervals as what they should be concerned about is to keep accumulating through the DCA without dropping out at any point so far as their income is coming on a regular basis.
DCAing every week is a very good and quick way to making huge accumulation but any Bitcoin investor should be able to figure out when to best DCA without being affected in other areas of life so they can still DCA on a monthly basis depending on their inflow and the intervals they received their income, so for someone who receives income on weekly basis he can choose to DCA every week then for someone that receives monthly salary, can also DCA every month so there's no big deal about when to DCA.
It has often been discussed that waiting for a DIP to happen before buying Bitcoin is not a good practice because you can wait for a DIP and it doesn't come at that material time which might result to using up the money you wanted to use and buy at a DIP price on other needs that will arise.