Quote from: Mayor of ogba on Today at 06:34:59 AM

Quote from: EclipseXcrypto on October 30, 2024, 08:02:05 AM

Quote from: Wind_FURY on October 30, 2024, 06:05:56 AM

Quote from: Antonil on October 29, 2024, 05:55:47 PM

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". Cool

Quote

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.

It's tough to say for sure , the market (Bitcoin) is really volatile and it might seems Bitcoin has established a strong base. The future holds so many possibilities and who knows we might just be on the edge of greater heights.

Investors should always take advantage of every moments that arises because those moments when you think prices are too high might turn out to be opportunities you wish you had seized and also Those dips can really feel like missed opportunities, especially when you look back and see how much the price has changed. The market is uncertain it can change rapidly and what seems like a peak today could be a stepping stone to even higher prices in the future.

Investors can't take advantage of every moment that arises in Bitcoin because not every time the dip happens they will have money to buy the dips. There is no need to be worried about taking advantage of every moment that arises in bitcoin because the DCA strategy has you covered, and it will allow you to seize most of the opportunities that will arise in bitcoin. Even though you don't have enough money left to buy the dip when it happens, do not worry; with the DCA strategy, you can accumulate bitcoin even when the price is increasing or decreasing, which will allow you to be consistent in accumulating bitcoin and also take advantage of the market.

Quote

Those who were hesitating to buy during the dip at $48k - $50k few months ago might be regretting now. It just shows how unpredictable the market can be, who would have thought that seeing Bitcoin below $50k again would seem like a distant possibility. Regardless of what bitcoin price may be, our steady accumulation puts our investments on the right direction because the future holds so many possibilities of which bitcoin holds a lot of potential

Did you check the price of bitcoin yesterday before you made this post? Any investor who buys the dip at $48k and $50k will never regret his action because the price of bitcoin is way above $48k and $50k today, which the investor will be happy for seizing the opportunity of buying the dip at $48k and $50k.

I don't agree with you because if there is a reserve fund system for investment then perhaps DCA strategy can be taken along with taking advantage of dip season. Investors using the DCA strategy can take advantage of every moment in the market as they regularly buy bitcoins. By buying Bitcoins regularly, that investor can take more advantage during dips. The advantage of using the DCA strategy during the dip is that he gets a chance to accumulate more bitcoins at a lower price. Investors should invest using DCA strategy as well as reserve funds so that they can make lump sum purchases during dips in the market and fully enjoy the benefits of the dip season.

Yes that is if the investor is financially sound enough to invest using the DCA strategy then maybe he should not wait for the dip period at all. He should then aim to buy bitcoins immediately and invest regularly in bitcoins for a long time.