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.
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.
This is a serious bitcoin discussion thread, and it is not advisable if you bring up the talk of cryptocurrency in this thread because cryptocurrency can never be compared to king bitcoin. If you are referring to bitcoin, it will be better to use the word bitcoin so that newbies will get a clear picture of what you are really talking about, so that they will not see cryptocurrency as something that is worth investing their money in. There are so many threads in the forum where cryptocurrency discussion is going on. In case you still want to learn about cryptocurrency, you can go to those threads and share your idea about cryptocurrency. In the world of bitcoin investment, there is no right time to invest in bitcoin than to invest in bitcoin right away when your money is readily available.