Quote from: Renampun on April 09, 2025, 07:23:01 PM

Quote from: Youngrebel on March 30, 2025, 09:54:08 PM

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.

That's the reason aside from believing on single statements we better try to hear many recommendation of people then learn with it. Because its important that we don't listen on one sided opinion since this might put us on higher risk. What good thing about this is we have a good community here and people could learn a lot from what methods they are trying to use.

If people want to know more about DCA then they should go on good threads like this https://bitcointalk.org/index.php?topic=5132720.15880 since for sure there would be lots of learnings to pick up on opinions given by respectable people there.

Market is showing good example since after it dumps at $75k or $76k it slowly recovers now and price currently stays at $81k - $82k price level.