The ideal is always to buy cheap and sell high, buy in the dip, but what do you expect it to go down like before? Without a doubt, the DCA method is the best. Even with the current market, the price of BTC, if I have the opportunity to buy, I would do it. The price doesn't matter to me, what matters is having BTC no matter what, even if I buy a little, If it goes down, the idea is to buy more in the dip. That's the idea. I respect everyone who is looking for or hoping to buy in the dip, but this year is already ending. It is predicted that by January the price of BTC could rise much more, so is it not cheap to buy now? Maybe, it's a risk that few of us take.
It's better to take the risk now and invest in bitcoin than taking the risk of not getting started right away when you have your discretionary income ready. This is because whatever risk you take now to start buying and building your bitcoin at this current price is not a waste of time or resources since you are investing in the long-term, and your bitcoin size will be in a better position than waiting for nothing, just because you have some waiting idea.
An new investor or someone who is still accumulating bitcoin shouldn't think of selling when the price is high because he hasn't reached his bitcoin target an don't have more than enough Bitcoin in his possession, so that he doesn't destroy what he has started building for the future.
I agree with you, especially as a Bitcoin investor, you need to have a long-term holding perspective. In the case of Bitcoin or any cryptocurrency, it is important to keep a steady eye on the future, without worrying too much about short-term price fluctuations, because short-term price fluctuations will never end, but in the long-term trend, the price of Bitcoin usually increases. However, it is very important to assess your financial situation before investing in a volatile market like Bitcoin. never any time Your own necessary money or Daily expenses money, or you will be needed after 1 to 2 years that money, you should never be used for investment.
Sim_card You are right that, it is better to take risks in buying Bitcoin now and holding it for the long term. Because the price of a cryptocurrency like Bitcoin is naturally volatile, it is currently at 94K, it is definitely the right time to start investing, so if you enter the market now, it can give you a chance to make a lot of profit in the future. Because Bitcoin has the potential to become much more valuable in the future.
Therefore, it is best to start investing in Bitcoin in DCA now, only in DCA can an investor invest at an average price of both low and high prices, thus increasing the chances of getting stable profits in the long term.