Quote from: Stable090 on Today at 08:26:36 PM

Quote from: Muba20 on Today at 06:52:24 AM

I think those who want to invest in Bitcoin should not delay they should invest as early as possible rather than waiting for a dip.

If you are planning for bitcoin to dump before investing, then I will say the person is not really ready to invest in bitcoin, if you are planning to invest in bitcoin, then the best strategy is DCA, you can keep on accumulating bitcoin gradually, you won’t have to wait for bitcoin to dump before you invest in bitcoin. Just have a specific amount of money which you will be using to invest maybe weekly or monthly(base on how you plan yourself).

There are some people that do always say they will invest in bitcoin when bitcoin price drops, but no matter how low bitcoin price goes, they will never invest in bitcoin, what they will keep on saying is that bitcoin will dump more, and let me say bitcoin dumps to 1$, they won’t still invest in bitcoin, they will say they want bitcoin to drop more before investing.

This just makes me remember one of my friends who had a plan to invest in Bitcoin. However, he wanted the Bitcoin price to dump before he started investing. He later found it difficult to invest because he was never satisfied with the price at that moment. Even when Bitcoin dropped, he set another price target before he would begin his investment.

This led to a lot of procrastination. The price moved from $50k to $90k before he finally started investing using the DCA (Dollar-Cost Averaging) method, which I later advised him to apply. I told him that continuing to wait for a dip was wasting opportunities that he might not see again.

He regretted not buying when the price was still in the $40k range, but at least he was able to accumulate some Bitcoin once he started using the DCA method. So, it’s better for anyone to start accumulating Bitcoin when they have funds to invest. They shouldn’t waste time waiting for a dip that may never happen. Even if it does, it might not align with their planned price level. Applying the DCA method gives the opportunity to buy Bitcoin at different price levels over time.