Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Ricardo11
on 21/12/2024, 14:08:35 UTC
There you again @Scarlett_23. yeah it's indeed the bearish time is a golden opportunity to buy more bitcoin, but it's not the real best time to buy bitcoin as you think .  Anytime is best time to buy bitcoin. Buy bitcoin on a regular DCA without considering the price changes weather high or low.  And buy more when bitcoin is dip.
Especially when you are talking about DCA, do not identify a specific time to buy or do not mention a specific time. You can say that the bearish season can be the ideal time to make yourself more profitable. I consider every moment in the market to be a golden opportunity to buy, but for more profits, I use the bearish period of the market as a golden opportunity.
Of course, when it comes to investing in the DCA method, there is no need to wait for a specific period or bearish season for Bitcoin. The DCA method refers to buying bitcoins on a regular basis. So why should we wait for bearish periods when we are adopting this approach to investing. When we find a bearish market during regular buying, we need to take advantage and buy more bitcoins at lower prices. It is true that the bearish season makes it easier for everyone to buy bitcoins.
In fact, there is no alternative to continuity in DCA investment, the main point of the DCA method is to invest regularly, which creates a portfolio as an average value in the long term, ignoring market fluctuations. And when the price of Bitcoin decreases while DCA is running, it is definitely profitable for investors to take the opportunity to buy more Bitcoin at a lower price. But for this, a reserve fund must be kept ready, if the reserve fund is ready, we will be able to fully utilize the opportunities of this type of DIP, as a result, our portfolio will grow better, from which we can benefit better in the future.