As new investors we expected Bitcoin to touch $100k this year but it is currently in a bit of a downward trend. Still I'm more optimistic that I can buy Bitcoin at my expected DIPS but if it continues to be bearish for longer I may regret not buying at a lower price. Waiting for more dips may give better results although chances may be last. My question is should we continue buying now given the value of Bitcoin? How fruitful is the initial target for Bitcoin holding until 2025?
I value speculation when it comes to investing.
https://www.coindesk.com/markets/2024/06/21/bitcoin-options-market-isnt-buying-btc-price-weakness-shows-bias-for-100k-calls/Looking at the current market situation, it is not possible to make an accurate estimate in which direction the market will go. But if you are preparing to invest then I would say to continue investing using DCA method instead of waiting for dips because if you wait for the market to dip more but if the market goes up from here instead of dumping then you will only regret it on the other side. If you invest from instant market right now then you will regret more if the market goes down again so if you have $1000 then you can invest $300 to $400 instant and keep the remaining $600 and You can buy step by step when the market goes down so you can get the most success. However, in 2025 the market will go through a good phase and the market growth will start from 2024 onwards. So it depends on you whether you invest or not.