I love this dip here in prices. Bitcoin is looking steady in the 90k's. Right now i think this is a serious buy and accumulation time. Cycles show around 500 days after the halving is peak cycle which is around sep/october of this year. Think we start seeing prices take off right before may/june. Guessing summertime will be a full bull run. Thats what im banking on
The current price of Bitcoin may not be for everyone, but it is a very important time for investors who invest. Investors always want to buy at a low price and invest, maybe it is still a good time to invest because the market is in the current state, the market may not remain in this state for long, the Bitcoin market will definitely grow and exceed the highest height of all time.
What is the reason behind that this current Bitcoin price is not for everyone? I believe that is not everyone that may like to buy at this current price, some may be planing when the price of Bitcoin drop but I will say that is best way to accumulate Bitcoin, instead of waiting for dro before buying why that kind of people just making uses of DCA which will give them opportunities to be buying at different level.if you may decide to wait now still further drop of Bitcoin price, it possible that the price of Bitcoin may not come back to price level you may set of start buying and that is the reason why we are advice to make uses of DCA method for accumulating. The truth is that despite that some set of people are complaining about the high price of bit there are some investors that understand Bitcoin well are using this period to still accumulate.
Your assumption is wrong because those who bought bitcoins with DCA method in bitcoins can never rest from buying bitcoins. Because the attractiveness of Bitcoin investment helps the investor to accumulate more money, because the more an investor regularly invests, the more Bitcoins will be added to his portfolio.
Bitcoins are at bullish prices and will save on the purchase price if purchased following the DCA method. It would be most ideal if you follow the Bitcoin DCA method weekly, that's why I give you this advice because I follow the weekly method.
You are absolutely correct anyone who is using the DCA method will always be buying frequently because it is weekly, monthly, etc stuff unlike investors who always wait for the Dip or buy lump. The two advantage of buying using the DCA method is that it will help an investor purchase at any Bitcoin price and also help them to grow their portfolio gradually depending on the amount they are using. But the fact that you are using weekly method of accumulation doesn't me you will advise someone to use it because you may not have same source of income and level of discretionary, so anyone should use the pattern that will be convenient for them. And even if some investors have same source of income and level of discretionary they may not have same mindset you have and management skill you have.