Quote from: wmaurik on Today at 03:13:42 PM

Quote from: mamesso on Today at 02:08:04 PM

Quote from: cryptoWODL on Today at 01:31:14 PM

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The sky is not always clear, there are times when the Bitcoin market suffers and falls, it's just that, Investors don't know when that will happen. Some investors think that when a downturn occurs, the best thing to do is to take a step back and wait. However, this is a wrong assumption, as Bearish conditions are the best time to increase your portfolio and get more Bitcoin for the next market cycle.

Now there are many investors who have thought more wisely when they see the decline in the price of Bitcoin in the market, so that most Bitcoin investors today are no longer waiting by stepping back, but they are more courageous to continue to move forward by buying more Bitcoin as long as they still have new capital to do so when they see a price drop. But for new investors in Bitcoin, maybe they still have a little fear to continue when they see a price drop because they are still not used to it, but over time those who are new to Bitcoin as investors will also start to get used to it and will have the courage to make a step forward as you said.

This is why new investors are encouraged to adopt DCA buying practice to limit their fear and give them confidence to continue with their ongoing DCA weekly or monthly always because during the dip, they will also be buying and hodli because they are using part of their discretionary income that they will not be needing for a long period of time. If a new investor doesn't have the believe of bitcoin price potential because he is new to bitcoin, he can start investing with little amount till he has full confidence and believe in bitcoin due to his ongoing learning process, he can then increase the amount that he is using to DCA, instead of not accumulating any bitcoin at a particular time due to fear of price dip.

One thing that I know is that the growth of our bitcoin investment is in our own hands, and if you are waiting to buy for some useless reason and not because you don't have the money to buy bitcoin at that moment, it is the same way that your bitcoin investment will be stagnant and limiting the chance of you getting rich in future with your bitcoin investment.