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.