Quote from: Dickiy on Today at 02:11:58 PM

For me, it's simple, if there are people who are delaying buying Bitcoin or just waiting for the price to drop to buy it, for me these people have no intention of investing in Bitcoin. it's better to just leave them with their assumptions. and for those who are consistent with their investment and entrust their investment to bitcoin, continue to accumulate your bitcoin, because the journey will be very long, and if you talk about long-term targets, you need stable finances and patience to continue accumulating, therefore the DCA strategy will be very helps with the investment you are carrying out, this strategy does not care about market conditions, DCA only focuses on the goal of accumulating gradually, either weekly or monthly. and I still use the DCA strategy to this day to accumulate my targeted bitcoin and it really helps

Depending on the approach one choses, waiting can actually be a strategy too and never a bad thing. For instance, someone using a combine DCA with buying the dip can continue buying through the DCA with the amount budgeted for that while setting aside the amount for buying the dip and wait for the dip to actually happen, knowing that it will surely happen because price does not continue in one direction forever.

We don't have to make it look as if we are under pressure to enter the market because even the DCA also is a waiting process because you are buying in piece of what you budgeted to be invested in bitcoin, you don't put all the money at once but in small quantity and regularly. In other words, assuming you want to invest $10k into bitcoin in the next six months and you have the money now, as long as you have chosen to use the DCA strategy, it means you have to invest gradually while keeping the other parts till the time for the next buy. This is a kind of waiting.

People wait in different ways, some set limit orders while some use market execution when price get to their preferred entry point. The important thing is one must know what he is waiting for and act accordingly as long as the overall objective is to invest and hold.