I am seeing so much optimism among Bitcoinist on this forum and we are all hoping to make profit before the bull market comes to an end. After which, we will be looking to gather into bans (our portfolio) again, so my question is, what are you speculations about the lowest price of Bitcoin during the bull season. Share your opinion so that we will not start DCAing at the Top and feeling bad at the bottom. At what price should we start DCAing in expectation for the next halving bull Run?
It is better to follow DCA from any price when holding Bitcoin. If a holder tries to hold for a long time, then he can do it without hesitation. And those who try to DCA from a dip may have to buy Bitcoin at a higher price than the current price. Whether the price of Bitcoin will dip or be more bullish can be easily predicted by considering the current market conditions and recent events. In recent times, there is a proposal in U.S. to make Bitcoin a strategic reserve currency, so we will be able to see its price increase more in a short time. In the past, there were many investors who bought from the dip but did not get the opportunity to buy Bitcoin at the set price. And the biggest thing is that Bitcoin is a highly volatile currency, it is impossible to predict when it will be bullish or bearish.