~snip~
and in my opinion, whatever the market conditions are if we are good at reading market direction, there will definitely be an opportunity to get the best price whether it is in buying or if we want to sell it, meaning it may be common knowledge that investing and trading at golden moments in the market so that we produce better trading quality because consciously or not the trading system also teaches us how patience works to produce better investment results in the future and not always fail at the same point.
Yeah, but the thing is that no one really knows that.
No one can predict accurately when the highest value or the lowest value will happen.
Also in the long term that doesn't matter too much as long as you are roughly correct in the direction, for example you can assume certain assets will appreciate over time.
That means that if you exchange cash for those assets you will probably end up wealthier over time.
No one really knows what? When to buy? I think you are wrong, we all know what Bull market and bear market looks like, what you should be warning others about trying to time the bottom or the top, but the bottom and the top doesn't happen in a day, it takes time for corrections to happen.
Use Bear market for buying and use Bull market for profit taking, it is that simple, DCA is best for the long term but when Bitcoin is massively over valued I won't keep buying just because my plan is long term, that's plain stupidity.
The market will bottom in a bull market, bad news always happen after Bitcoin tops out, once that happens start buying, the best time for DCA is in a bear market, I won't be buying the tops just because I won't to hold for long term, never.