Re: Is DCA Still the Smartest Strategy in This Stage of the Cycle?

Many people DCA during bear markets when prices are low and fear is high. But with current prices climbing and sentiment shifting toward greed, is it still wise to keep averaging in at regular intervals?

That's not DCA, but buy the dip.

DCA is a strategy where you accumulate an asset with regular interval without looking at the price. If you waiting for the price to down/bearish season, you're trying to buy at the lowest, which is no longer DCA.

To answer your question, it's up to you, if you not able to commit with DCA then that's fine.

Agree, what OP for sure mentioned is like "buying the dips" strategy, where if Bitcoin price drops, that's the only time they buy, which for me is not really a DCA strategy.

But to answer OP's question - Doing DCA in a bear market is really effective, especially before we broke $100,000 level, that was really best experience to DCA during bear market.

Exactly man, Buying only the dips is not true DCA, it’s more like trying to time the market.

Real DCA is steady and consistent, whether price is up or down. And yeah, DCA during the bear market hits different, it’s really, really effective and that’s where you really enjoy it more haha.. Cheesy

Quote from: philipma1957 on Today at 02:35:53 AM

I buy the dip and I dca and I hodl.

because I do not have 100 btc on hand.

Anyone that thinks buy the dip is all you need to do can do okay as long as they hodl after the buys for long time periods.

This is it, nothing more. Just keep Buying the dip, DCA’ing and Hodling that’s all the strategy we actually need nothing else..

And I my self is doing that..