Quote from: terrific on February 03, 2025, 11:04:06 PM

Quote from: avp2306 on February 03, 2025, 10:43:08 PM

Look at the situation the market recovers and for sure lots of people who continue to accumulate despite of those drops happen are happy with current development with Bitcoin today. That's why its really not good to get scared about the dump since they would just lose their money if they drop immediate crazy decision.. Much better to take advantage and continue to buy more Bitcoin since this would bring more profit especially if we hit our target and gather lots of volume in span of 4 - 10 years of investment.

Bitcoin has always been resilient and people never learn with the dips. If there is a sudden dip, they should look at it as something to be referred to because no matter what happens, Bitcoin recovers. Those that have bought at the dip and then just waited in less than 24 hours, you're all now in profit regardless of how much you've DCAed. Some will say that it's not the best time to buy because this is the peak but you'll never know. Never listen to the words of others of discouragement but listen to yourself and what you know in the market. This is a long road that we're taking and whoever is tired of this runs will have to let go and won't see better profits in the future. Plan your DCA but never plan your exit. This is a wealth transfer that's happening.

Surprisingly, the price of Bitcoin has recovered in a very short period of time, which is a relief for bitcoiners and a great time for those who are add lump sums bitcoin to their portfolio. While I am on the DCA strategy, you don't have to look for dips but it was a great time for an investor who is involved in the trend of adding units independently of the dips of the past days. That is why it is recommended from this thread at all times to have a backup fund that will take care of your funds in case of emergency and additional floating cash to buy dips at some point.
Downward price trends put you to a tough test of patience especially for Bitcoin holders and you have to overcome it by using the right opportunity. If the great time continues for DCA holders throughout the year. Those who are accumulating Bitcoin from their discretionary income and intend to continue their accumulation for 4-10 years or more.