Quote from: Tonimez on December 19, 2024, 10:39:16 PM

Quote from: Kemarit on December 19, 2024, 10:30:14 PM

Quote from: BITCOIN4X on December 19, 2024, 08:26:11 PM

I think some people really get emotional for a while when they don't have more money to accumulate bitcoins. Amid the current major correction, this should be a valuable opportunity to buy and accumulate. Unfortunately, some of them may not have spare money that can be used at times like these. Buying when prices are dip is a good strategy, but buying when prices are dip of dip is always better, which means DCA makes it possible.

I don't know how low the price will correct today, but I don't think it will go lower than $95k. Recovery is expected as soon as this panic subsides and today's close is expected to be over $99k. In the last 24 hours, the price has fallen by 4.5%, this is not always considered a bad thing by those who can take advantage of the opportunity.

It did go to as low as $95,587.68 according to Coinmarketcap, but I would say that it's not that big of a dip, and we all know that if there is a negative news, there will be speculators that are going to push the sell button. Maybe they panic or just want to hedge their Bitcoin and put it to stable coins to stop the bleeding and then comeback when the price is making a good recovery.

And if you have to think about it, another best time to enter isn't it? prices is way below that 6 digits and we have heard people saying that it's too expensive. But then didn't go and buy when the price is like <$60,000 a couple of months ago. But now, with the FOMO, just a minor dip and they are going and wanting to scoop some, LOL.

As at this time, bitcoin is about 97.8k. this shows the flexible and almost negligible pattern of Dip experienced by bitcoin lately since hitting 100k. Waiting to buy with DCA is one of the reasons many investors never get to accumulate more bitcoin over time. Some panic investors as you mentioned had already sold at 95k and are already regretting in less than 12 hours still within the Dip. A continuous accumulation of bitcoin helps an investor to avoid watching the Market price always which can lead someone to panic sell.

It seems you are getting a bit confused here by saying that DCA strategy is one of the reasons many investors never get to accumulate more Bitcoin over time I think this is a wrong statement by you the DCA strategy is a way to increase your Bitcoin stack over time because with the DCA strategy you can accumulate more overtime it can be either weekly or monthly regardless of the price of Bitcoin and hodl according to your level of discretionary income then when an extra income comes to you then you can choose to lump sum in order to increase more of your Bitcoin stack one thing you should know is that the DCA strategy is one of most use bitcoin accumulating strategy then you can lump sum when a huge amount of money comes your way, the only strategy that can delay your Bitcoin investment is when you are always waiting for the dip before accumulating Bitcoin because sometimes you may not even see the dip that's why the DCA is there which you can accumulate even when bitcoin is at dip or not.