Everyone wants to be profitable. But currently a pump in Bitcoin has shaken the thinking of about 60% of DAC holders. Those who started holding DCA at $38k now have a clear portfolio of around 50%. And they decided not to continue the DCA, but to dissolve it. If you can afford to run DCA, I'd say it's smarter to run DCA rather than lighten your portfolio. Because experts say to continue DCA hold till next cycle.
I believe for those people, they could still continue to buy every small DIP/discount now that it's becoming VERY obvious that Bitcoin is back to surging to ATH after another ATH.
JayJuanGee, is this the actual moment where we could truly say that Bitcoin will NEVER crash below $50,000 again?
But I'm not going to say it out of avoiding any "superstitious events".
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So let us wait for a maximum ATH of reality without thinking
That's probably going to be $300,000 per Bitcoin this cycle, and that's not my most bullish prediction.
The situation really looks like you won't be able to see Bitcoin at 50k unless a "black swan" happens. But I'm sure everything will be fine. It's very funny how we discussed in early October how likely it was that it would become another green UPtober, and now Bitcoin is a few hundred dollars away from the old ATH (it seems like Binance has recorded a maximum of 73.777).
Lets continue to accumulate according to DCA. And someone can say that now is the maximum of price, but soon it will be the minimum, we have 100k ahead.