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Quote from: EclipseXcrypto on Today at 07:21:05 AM

Bitcoin growth is inevitable, I think it's an eye opener for those who keeps doubting the credibility of bitcoin potentials. Instead of focusing on building and growing solid portfolio for long term they give attentions to short term market fluctuations. Earlier the price was going down as low as 48 -50k but Right now its at $60k , in Bitcoin investment whenever the price is going down its a great opportunity to take advantage of by accumulating more Bitcoin at lower prices rather than allowing emotions to come into play in your investment decisions. Most investors can learn from this situation on how bitcoin works, it important for investors especially with lower coiner/ newbies to keep accumulating bitcoin until they reach an overaccumulating stage, shouldn't give attentions to market price. Timing the market is very challenging but keeping it consistent with your accumulation is a more reliable approach for a long-term perspective.

There's no question with that matter but the only thing make people doubt is the volatility, but many times that bitcoin proves that there's no rug pull thing gonna happen to it since even if there's big challenges camp up bitcoin still manage to recover back that's why we are here seeing bitcoin still doing strong and make those long term holder earn good profits from it.

But right now when using DCA method I don't see only the dump is good opportunity to acquire. Since even the pumps is good price to acquire. I didn't look much on the price since what I'm thinking is that funds I use for now to invest with bitcoin is for future used. So price really don't matter at all and I believe other those people who are into DCA are thinking the same way to. But let see in future on what will be the end point of our journey since for sure bitcoin has lot to offer for us bitcoin holders.

If we understand volatility, we wouldn't doubt or panick because of it, because it favours but the dip and dump, I believe that this fact is supposed to give us the courage to keep accumulating with a means thats easy for us steadily, slowly and continuously hence we know that no matter how volatile Bitcoin asset is, it must surely favour us as we keep accumulating and hodling for a long-term, when we talk about buying of Bitcoin we should first and foremost understand that DCA method give us the opportunity to buy anytime and i believe this the approach for a small scale buyers to buy at easy without any form of interuption hence they are using what they can afford to buy consistently.

Personally I dont see people that are waiting for the price of Bitcoin to dump before they start their journey as serious people, I just see them as people that are after buying dip to wait for a little appreciation in the price to sell off, these set of people can also be regarded as shorttimers and sometimes they may not succeed in buying because before Bitcoin dips they might have used the fund meant for the investment, in conclusion, since we know that our target is the future, waiting shouldn't be encouraged rather we should keep buying as much as we can comtiously irrespective of the price at all time and hodl for the long-term benefit.

There's time for everything as the bible says and what makes a man successful is doing the right thing at the right time. This is the same for bitcoin investment. There's a time to buy at the dip and a time to use DCA available method and keep it ongoing without stopping. A new investor just started his bitcoin journey is not to wait for the dip because that's not the right time. He should concentrate more on accumulating more bitcoin weekly or monthly regularly for 4-10 years and above till he has reached his bitcoin target.

On the one hand those investors that waits for the dip before buying bitcoin portfolio is large in size or have reached their maintenance level, waiting for the dip will not be a problem to them. These set of investors once accumulated bitcoin with DCA in their early stage when they just started their bitcoin journey and that was how they were able to reach their bitcoin investment maintenance stage and they can relax now to buy at the dip.

So why will you as a new investor want to be relaxing and feeling as if you already have a good amount of bitcoin in your portfolio when you have nothing or little using buying at the dip as an excuse to slow down your bitcoin accumulation journey. Times waits for no man likewise bitcoin price, use the opportunity now that you are capable to buy bitcoin regularly with DCA because a time will come that your actions now is what will determine your future financial strength.