Quote from: I_Anime on Today at 05:13:51 PM

Quote from: JayJuanGee on Today at 04:35:00 PM

There is no justification for someone in their 20s to be playing around trying to time BTC price dips rather than just regularly buying bitcoin.

Sure in the end, guys can do whatever they like, even dumb shit of trying to time BTC prices and then end up with way less bitcoin than what they would have had if they had just stayed focused on ongoing, persistent, consistent, regular and perhaps even aggressive accumulation.

Most time some folk will be trying to play it smart not knowing that they are just making some dumb decisions. This just the truth you can’t actually time the market and you trying to time it , you are just wasting your time and delaying your accumulation process putting some irrelevant gap .

Yes bitcoin can be volatile sometimes but still doesn’t mean we can literally time the market that’s why dca strategy is here for us to make use of ,as we can’t actually time the market rather keep purchasing at different price interval.

I definitely agree with you, those who are waiting for a certain price to invest in Bitcoin are definitely big stupids, they should understand that Bitcoin is unpredictable and it is very volatile, nothing happens as expected, especially in short-term fluctuations, you may think that tomorrow Bitcoin will dump a little and go to a certain level as you expected and then you will invest, but this is your completely wrong idea, as a result you will only miss good opportunities for investment, and this kind of attitude when buying Bitcoin, this is definitely a trading attitude, if someone wants to achieve success from Bitcoin investment, then he must abandon this attitude and develop the mentality of buying in DCA consistently, because only through continuous buying can he build his portfolio at an average price which can deepen his success in the long term.