It seems hard for me to read from the beginning of this thread because of the plenty of pages in this thread, but i adopt a strategy of reading from the current pages of this thread, and i have been doing that for some days now. It has helped me understand how significant and reliable dollar cost averaging is when accumulating bitcoin. If i receive my monthly salary by the end of this month and if i solve my monthly expenses, I will use the remaining money to start accumulating bitcoin.
Yeah trust me you will be glad you did cause it's definitely good to buy when it's low and hodl for long term, tho some investors are always quite of long term investment so they do short term and sell when they feel like, but I tell you it's not best that way cause you'll most likely sell in loss and regret your action. Bitcoin is a long-term profitable investment that demands patience amidst anything.So I'll advice you start small and accumulate as time goes on you'll love the outcome.
Have you ever felt that when you buy bitcoin assets, the price will definitely go down. If sold, the price will skyrocket. An incident like the one above is a blessing. Why? Try to start buying bitcoin in installments now, if the price goes down, you make it an opportunity to buy bitcoin again, you will get a cheap price, right? Or when you want to sell it, you can sell it little by little first/sell it gradually. Then when the correction occurs you buy again. This is a good strategy, especially if the goal is long-term, it will be more profitable.
In the history of bitcoin prices, especially when the cycle occurs, we should be able to learn from previous cycles how many people regret delaying buying bitcoin, maybe including us who regretted it at that time. But now the opportunity is still there for now to continue doing dca on bitcoin for the long term. I myself, do dca every week from the results of the signature payment, but sometimes if I have more income from my job outside this forum, I also buy bitcoin gradually. Actually, if we already understand the history of bitcoin, we will understand that bitcoin is indeed an asset for the future. The current market volatility will not shake our commitment to continue holding bitcoin until our goals are achieved.