Post
Topic
Board Bitcoin Discussion
Re: When is the best time to buy?
by
Lamkuthang
on 17/02/2025, 08:45:50 UTC
Yep, definitely we can make a sustained profit from the dip, but here we didn't have any idea that when the Dip would come. If someone doesn't have the skill to predict when the dip will come or which is the best time to buy, then I think he should do DCA because in this strategy you don't need to dig too deep, like you don't need to study the market dynamic, sentiment, etc. And the second advantage is that you will continue to accumulate Bitcoin in your assets instead of sitting and wondering when the dip will come, etc.

If we talk about the real Dip, I have understood from my experience that the Dip does not occur in a short period of time. We people think that Bitcoin will Dip within a small time period, like after a few months, but in fact Dip happens in a cycle of 2 to 3 years, just like Bitcoin did a sustained dip in the previous bear, which was actually real dip.

And those who have bought into it are real opportunity grabbers I mean, they are real investors. So we have to buy at the right spot like real investors.

The most important thing is that we know to position our position on the one that produces a greater value than the small but very busy one. The downward pattern is also true as the description you conveyed above, which is identical to following a multi-year cycle pattern, not short-term changes.

Actually, investing in BTC is not too difficult, but before that the main thing is to meet the basic requirements first. Well. If you have entered, it means you are ready. So just save and continue to accumulate our BTC with DCA and exit if we have made a profit after the market returns to normal if you don't want to continue.