Quote from: Futurexxx on February 03, 2025, 12:38:30 PM

Quote from: Ricardo11 on February 03, 2025, 11:55:32 AM

Quote from: G_Besar on February 03, 2025, 10:24:50 AM

Quote from: Glen Hoddle on February 03, 2025, 08:41:05 AM

The DCA strategy plays the most role in accumulating Bitcoin and it also plays a major role in sustaining the investment in the DCA method in the long term. Although the current Bitcoin price is being dumped in the case of buying investments through the DCA method, it will still save money, a holder investing in this method will definitely succeed in sustaining his investment in the long term.

At present the price of Bitcoin is not being discarded, but only being corrected which may only take place in a moment so that for those who are still happy in buying with the DCA method, of course it is very good if it is still run under such conditions. Because people who dare to buy bitcoin when the price is corrected will definitely be more fortunate than people who buy at high prices even though the action is also equally good for the same purpose, namely investment in bitcoin for a brighter future.

Actually this kind of temporary correction of Bitcoin is a common thing, the price of Bitcoin was at the highest level some time ago, and it is normal to expect a correction at the moment, but it will not last long, it will recover very soon.
Correction is a normal thing and buying at this time brings more profit potential. The more bitcoins an investor can buy during this correction, the more profitable he will be in the long run. Because it is proven that Bitcoin recovers strongly after every correction. So those who utilize this kind of opportunity, they can definitely benefit in the future.

This is one of the major thing that separate the rich and the poor, as Bitcoin has fell up to this point, the rich are only seeing opportunities, like buying more, while the poor are selling in panic, even when they all know that Bitcoin will still rally back.
In my own opinion, their is no point even getting worried because since am holding for a very long period of time, am quite confident that due to the huge potential of Bitcoin, it can go as high as a million dollar or more in like 10 years time from now or more, so their is no point getting worried by this dip, because it's no where near it peak price.

Selling bitcoin out of panic is not about rich or poor thing, but it comes down to individual mindset and planning of each investor. Each person's approach can be different depend on how we see the market. Even the rich also can panic sell, the German government sold 50, 000 bitcoin at $57k, if they where still in possession of those bitcoin it would have worth ×2 of at rate they sold last year july. What is necessary for an investor is to understand the dynamics of how bitcoin works, when you understand that, price correction will be seen just as part of the journey. They shouldn't be seen as scary moment but rather as an opportunity to strengthen our investment and maintain confidence during thise dips.

Panicking as an investor means you lack the believe in the growth potentials and resilience of bitcoin. Bitcoin has gone through different cycles and experienced similar scenarios, Even when its price has not gotten this far. So why now that we have a lot of refrence that can keep us going without panicking.