Quote from: hyudien on Today at 12:07:24 PM

Quote from: Republikcoin.com on Today at 10:08:24 AM

Quote from: Ararbermas on Today at 08:09:10 AM

Every time Bitcoin makes a correction, it's actually a good idea to accumulate, especially if you're a long-term holder, because it's like buying at a discount. However, if you want to get the timing right or avoid buying before the price drops further, it's important to learn how to analyze the market. That way, you'll know whether it's the right time to take advantage of the discount or not. For me, it's a great advantage as a long-term holder who wants to buy more during Bitcoin's price corrections.

Actually, for Bitcoin holders in the long term, it would be better if they do not waste more time researching the market to find out whether it is the right time to buy or not if the Bitcoin price itself has experienced a correction. Because immediately acting to buy it at a discounted price is much better than waiting for it again while checking the market situation and others, because if after buying Bitcoin still experiences a price correction again, those who hold it in the long term can also buy it again with other money if they have more money to take advantage of it.

This is what must be understood for long term bitcoin holders. The market cannot be predicted according to the price we want when buying, you are right it is a waste of time, other people have started and you are still hoping for the price you want, that is a silly investment, therefore the DCA strategy is very useful from the uncertainty of market prices, as long as you use this strategy you don't need to worry about fluctuations, you only need to focus on gradual accumulation.

Because of this thinking, they can never buy at the right time. They are just wasting time without investing in the hope of buying after the price drops, I can't understand why they have this kind of mentality, those who wait for opportunities in this way are actually always behind. Because the price never comes as per their expectations.
That is why you have to think only long-term, and don't think about the market. Why do you have to think about the market? The market is unpredictable, so even if you think about the market all your life, the market will not go according to your words. The market moves on its own, so thinking about it means just stupidity and wasting valuable time.
The most effective way is to accumulate Bitcoin gradually and consistently, that is, DCA, especially in the case of Bitcoin investment, there is no better strategy than DCA, if DCA can be continued correctly, it is definitely capable of very good results.