Why do people sell their Bitcoin due to fear of the current drop in price. Do They feel the price will drop further and never go up again ?
I feel before anyone invests on Bitcoin they should get a proper understanding of how the Bitcoin market operates. Because if an individual has good understanding they will know that the rise and fall in price of Bitcoin is normal so there won't be a need to panic rather see it as an opportunity to accumulate as much as possible in anticipation for a rise in price.
for that reason why ongoing discussion is very necessary because not everyone gets the same information, even now there are still many investors who do not know at all about the DCA method. I have been in bitcoin and cryptocurrencies for several years so I am not afraid of crypto price volatility because I know that the market will not always be red, the market will definitely return to green, only time will tell.
now we see a fairly drastic decline in bitcoin in the last month, take advantage of this opportunity by buying regularly and I am sure wise investors will use DCA consistently to get maximum profit on their long-term investments.