In addition to what you've said, analyzing the market is subject to unnecessary time wastage, most bitcoin speculators would've really had a considerate quantity of bitcoin in their portfolio if not for their attitude of over-analyzing the market and failing to take action and start purchasing bitcoin for themselves. Also it is a waste of mental energy since you would have to spend a lot of time timing and analyzing the market instead of just buying and moving on to other responsibilities.
You should also know that the more you analyze the market and the longer it takes for you to start accumulating bitcoin, you are subject to decision fatigue and there is a possibility of fear setting in and you may end up still a nocoiner. DCA removes that fear from investors by buying consistently regardless of the price, your discipline and less concentration on the noise from the markets helps you eradicate such emotional stress and helps you expand your portfolio while remaining committed to your investment. it is important to note that a length of time spent in the market is worth more than such time spent timing or analyzing the market.
There is the need to analyze and maybe even trade form time to time because we don't know whether this current price is just a dead cat bouncing. This strategic reserves of Trump could just be a manipulation to keep people buying while his team is dumping.
If you are a no coiner or low coiner, then you better start buying or continue to buy without fucking around trying to guess if the BTC price is going to go up, down or sideways.
A low coiner is anyone who has not gotten enough BTC, and an overwhelming majority of the world's population are either no coiners or low coiners and many low coiners don't even realize that they are low coiners because they happen to have a few coins. You, bittraffic, might be one of those smug low coiners who believe that they have enough when they do not.
Another thing, is that if you (bittraffic) are fucking around with the BTC price because you want to buy more BTC cheaper, then you may well be a low coiner.. so you should be buying bitcoin rather than continuing to have nonsensical ideas trying to predict the price, which you don't seem to be very good at if you believe that we might be in the beginning of a bear market and it matters..
Just think about it. You have been registered on the forum for 9 years (congrats) and you surely should have enough coins by now, yet you probably have been spending your time in the last 9 years fucking around trying to figure out whether the BTC price was high or low, and so making the same mistakes over and over and over, and now you are wanting to tell newbie forum members to do the same thing as you had been doing? How has that been working out?
Just imagine that if you had been investing $100 per week into bitcoin on a regular and consistent basis for the past 9 years, you would have had invested $47k and you would have had accumulated nearly 13 BTC. Hopefully, whatever fucking around that you have been doing in regards to trying to time the BTC price has gotten you similar or better performance than a straight forward DCA approach.
The last few days were the best example in a long time that time in the market beats timing the market. The volatility was relatively significant, I am saying relatively because bitcoiners who have been around for a while know a different game than no coiners. That is why the emotional aspect still comes into play here. I am used to bitcoin going down 10% in an hour or getting flash dumped or flash pumped. The day had come when I thought it doesn't matter whether I wait or not. Unless there is some profound analysis I can come up with based on my own research, but in reality there are countless of people having that informational advantage and exploiting it before I myself am getting close to cracking the intellectual nut...
I bet that some people thought it makes sense to wait when we quickly went below 80k and they thought it would go to 70k, then 60k, then 50k. This is how the brain mostly works for them. But if you have been around, bitcoin is as erratic as Trump I guess!
(in the short term...), but with way more reasonable upside potential, hehe.