This period is the reason why speculators never invest in bitcoin until they start regretting.
In as much as bitcoin market is filled with ups and downs, buying at all time and Hodl remains a better investment strategy.
Bitcoin is currently at less than 93k which is as good opportunity to invest. But instead of investing now, fear won't still allow some to invest.
This bull run has made me to understand that bitcoin can suprise the world at anytime and doesn't need a period of months or years to change someone's life.
This is why buying at every dip and hodl remains a better investment strategy.
No, I disagree with this your last statement here, it's not the best.
It's s true that it's very important to use every dip as an opportunity to buy more Bitcoin, but waiting for it before making a purchase is actually a wrong thing to do as a long term holder, because Bitcoin is still very cheap compared to how much it might get up to in the future, so why not seize the opportunity now and buy it regardless of it current price?
And besides, you might miss a whole lot of buying opportunities if you decide to be buying only the dip, and with such strategy you certainly not have a very good stash of Bitcoin on the longer run like someone utilizing the DCA accumulating strategy.
So I think that the DCA accumulating strategy is the best way of accumulating Bitcoin, because you will definitely buy at every price interval and even the lowest part of the dip lumps sum investors might miss, so in my own opinion, when it comes to Bitcoin accumulation process, nothing beats the DCA accumulating strategy.
Is not as if buying when there's a dip is wrong is very good to buy when there's a dip because is less cheaper however waiting for it to happen before you start accumulation is what is wrong, because waiting like that will waste your time, one don't even know when a dip will happen so while waiting for it, for example your long time friend called you on phone and said you should wait for him in your house that he is on his way coming to your house to see you and his already very close to your house, you will wait for him but when that your long time friend didn't call you can you just wake up one morning that you won't go out today that you will wait for him to come to your house and see you without any communication between you both that his coming, no you can't do that if you do you may end up wasting the whole day, that is same thing with you waiting for a dip in Bitcoin.