Quote from: cryptoWODL on Today at 04:26:49 PM

Quote from: Btcalysis on January 03, 2025, 11:54:23 PM

Quote from: Mayor of ogba on January 03, 2025, 03:40:37 PM

If you really understand the DCA strategy and you have been using it to accumulate bitcoin for a long time, as you said, you will understand that the DCA strategy allows investors to accumulate bitcoin both in the bullish and the bearish seasons, which is one of the reasons why most investors adopt the DCA strategy when they are investing in bitcoin. Accumulating bitcoin in the bear season alone will not guarantee you a bigger profit in your bitcoin investment; the things that will determine how big your profit in bitcoin investment will be are how much money you have invested in bitcoin and how long you were able to hold your bitcoin.

I have a strategy for this which worked. If the bear session has just started, do not buy bitcoin. If the bear market worsen, you can start accumulating bitcoin. If bitcoin fall far more than expected, that is indicating that you should buy huge. The money I suppose to use to accumulate is divided into 2 each time which I will later use to buy bitcoin at once later if the price fall more than expected.

This investment strategy of yours is not correct at all. You should keep in mind that there is no particular time to buy Bitcoin. If one uses the Dollar Cost Averaging method to invest then one can easily buy Bitcoins during dip season and bull season, That means one can buy bitcoins very easily in both seasons. Dip time in the market is the best opportunity to buy bitcoin at low price even during dip time you can buy more amount of bitcoin which will be more profitable for you later during bullish season.

The only benefit of investing during the dip season is that you can buy more bitcoins at a lower price, but those who just wait for the dip period may miss out on their investment. So buy bitcoins regularly and hold your investment for long term.

By buying Bitcoin in the deep season, you can collect more Bitcoin at a lower price, which is more profitable later in the bull season, everyone wants to buy DIP.

But for example, does anyone know when this DIP season will come? The answer is no. So what faith does an investor have in waiting for DIP ? Is there a DIP coming up? How does he know that DIP will happen tomorrow or next week or next mounth? Those who wait for DIP only miss the opportunity, that's it.

Such investors only wait for the deep season, and on the other hand, Bitcoin continues to be valuable in an upward trend, so the person waiting for that DIP misses the opportunity of the upward market.

Therefore, investing regularly and holding it for the long term is the most correct strategy, and for this, DCA should be used, regardless of the market situation, invest a certain amount of money regularly according to your income, and keep a reserve fund ready. In this way, when the market goes down, you can use that reserve fund to buy more Bitcoins and when the market goes up, your profit will increase. And keep it uninterrupted for 8 to 10 years, as a result, an investor can be very profitable.

However, an emergency fund should also be kept ready, because this will not hinder an investor in this process.