Quote from: sotelorene on May 23, 2025, 09:04:41 PM

Quote from: Joy- maker on May 23, 2025, 01:58:47 PM

Quote from: I_Anime on May 22, 2025, 08:55:13 PM

Quote from: Silikiem on May 22, 2025, 11:40:19 AM

Quote from: JayJuanGee on May 22, 2025, 05:16:51 AM

Quote from: woez on May 21, 2025, 02:08:36 PM

I just take the normal one but it has enough accuracy in this case, namely by looking at the Sentiment (Index) Fear & Greed Index so by combining them a Smart DCA strategy pattern was born.

Your comment makes little to no sense, since there is no need to look at market sentiment or other BTC price dynamics in order to engage in reasonable (or smart) DCA practices. Your DCA practices do not necessarily get better based on your trying to time the market or to figure out BTC price dynamics, and instead you may well be screwing up your BTC accumulation practices by failing/refusing to consistently, persistently, regularly, ongoingly and perhaps even aggressively buy bitcoin.

Yes, this is so true and exactly my point from my previous post., It absolutely makes no sense for an investor whose initial strategy of investing in long term with the DCA method of accumulation and holding to be emotional about the market volatility and at such you turn to the sentiment fear and greed index. It will obviously have a great effect in your level of accumulation because at that time you make such harsh decision, you’re no longer going to be consistent in your accumulation either weekly or monthly and before you know it you might end up abandoning your investment because you’re now waiting to buy in the dip which is a very wrong approach for an investor with the mindset of investing consistently for a long term goal, such mindset is conceived by traders who only want to make quick profit and it’s a very wrong decision especially as it concerns the DCA method of accumulation.

The funny thing is that the recent price is still early for long term investment, and the market literally create a lot of dip before this recent ATH . But still a lot folks didn’t grasp the opportunity to be aggressive then rather they where waiting for more dip and they end up missing out , now bitcoin around the range of $110k.

Though bitcoin will continue to do correction but there’s certain price it won’t fall back again so better you take abt opportunity you have now .

this is exactly the reason why it is not advisable for newbies to be waiting for bitcoin to dip before they can get start accumulating bitcoin to hold for long term, they will be disappointed just as those newbies where waiting and hoping that bitcoin will dip before them can get started, and those investors too who sold there bitcoin and hoping to buy back when bitcoin dip where also disappointed, bitcoin is already a store of Val with potential returns so why waiting for dips to get start, and selling to buy back cheap, this stage is to be accumulating bitcoin consistently using the DCA method and hold for long term and not the stage to sell to buy back cheap, because that price you are wetting for to buy back won't come.

You don't have to put it on newbie, not only newbie waits for Bitcoin to Dip before they invest some other investors that are not newbie also wait for Bitcoin to Dip before they invest and I consider these people as people that don't understand what Bitcoin is and how it works because anyone that understand how Bitcoin works won't wait for it to Dip because you can not predict what will happen the next minute or second, that is how volatile Bitcoin is and so waiting for it to Dip when the DCA method is available is totally a waste of time and a lots of opportunities will be missed out.

Some investors usually waits for a dip to be able to invest, but there is absolutely nothing wrong with buying when there is a dip, it’s an opportunity to accumulate more and increase our investment, but it’s completely wrong waiting for a dip which might never come, but it’s wise to start an investment if the dip never comes because we would be loosing a lot of opportunities that comes with making immediate investments, bitcoin is quite unpredictable that is why we should not wait to invest, we can be accumulating little by little as much as our discretionary funds can afford us. Waiting for that dip definitely makes us to loose opportunity of raising our level of confidence.