There was never a time when buying the dip was meant to be for those who DCA. Buying the dip is a pattern of buying and an investor who wish to lump sum or dca can as well buy the dip. Some investors rely on only buying the dip as their strategy without considering dca or any other strategy. Like i said before it all falls down to the individual risks.
The DCA method in Bitcoin should be done in such a way that by following it regularly and over a long period of time, you observe and see if a person invests $50 or $100 every week. So it ends up being $2,600 and $5,200 at the end of the year, and if you're a middle-class or low-end investor, you'll never be able to buy bitcoins with these sums together. So there are more golden opportunities to do DCA method than you ever imagined, it controls the average level on the purchase due to which every investor can be successful from it. Investors both past and present invest following this DCA method, because they must know that this DCA method is the only way to achieve success.
Buying the dip can seem to be a lot less risky since one has to wait for the bottom to buy, but what those who wait for the dip dont know is that it can be more risky when the dip never comes and they cant buy at all. Waiting for the dip will leave them no other option than to not buy at all. Now imagine that an investor has to sell off his btc for profit and wait to buy a dip that never comes while the market keeps going up is that not a huge loss for him?
Any investor prefers this DCA method strategy, the most reliable key to success with DCA method. I started doing the DCA method. But I'm willing to hold this bitcoin for a long time if I don't face any danger. I will try my best to hold it for a long time.
When doing DCA then it would be just common sense that you would be doing this stuff on the time that the market would really be having that kind of correction or lets say that it is really that having that huge decrease in price and you could see around that investors/traders are really that on panic on which this is the solid sign that you would really be needing to accumulate more. If you are someone whose really
that going for long term holds then it wont really be that an issue on whatever the price entry you would really be making. As for $100k price then this isnt something that an easy target to approach or able to hit up
but since we arent that still on a bull run yet then it would really be just that too early to make out some conclusions that we wont really be able to hit up these numbers. There are really those people who are really that too negative when it comes into this aspect and they are really trying out to push that $100k would really be that an easy price to be able to reach out. We've seen the price is hovering on 60k point
and there's no way that we could be able to tell on what would be its next move since the market is really that too silent when it comes to news or fundamentals on which we can be able to tell that it is one of the
main indications now on how it would be able to perform. Wayback its not really that highly reactive when it comes to news but now it is really that totally different.