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?
People who have fear when the market is rough are newly investors, but someone who has invested before doesn't have fear when the investment experience a bear season
The objective of everyone who is into crypto space is to make profit, and that's the reason why you see so many investors get excited when the price increases, but someone who has not experienced a heavy bearish season on crypto especially in bitcoin do have much fear because the person is not acclimatise with the crypto investment processes and loses that's attached to it.
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.
It's base on the decision of the investor to accumulate it's assets during DCA, So everything depends on what the investor wants, they're some people who doesn't have a target or period of accumulating their coins, they accumulate or top up when a capital is available to them.