Sometimes I feel that even while doing the DCA one should still look at the prices especially if we know that we are in bull market and the bitcoin prices are on the higher side.
If you ask me I will try to invest more during the bear season while as the price increases my DCA amount will start to lower. I think this is call smart DCA because in this case you will accumulate more at lower prices and it will give you more returns.
I get your point mate, but as a low coiner who is in hos early stage of accumulation shouldn't bother about the market if it's in a bear or bull season. It's good to just continue buying bitcoin with your discretionary income without doing it in a whimpy way because it's the amount of bitcoin in your wallet that's yours and not the one that you are expecting to buy cheaper in the bear market.If you ask me I will try to invest more during the bear season while as the price increases my DCA amount will start to lower. I think this is call smart DCA because in this case you will accumulate more at lower prices and it will give you more returns.
You don't know when the bear market will come, therefore, keeping too much fiat isn't a good practice when you can throw it into bitcoin and save the value of your funds. Fiat depreciates overtime and the money that you are keeping can easily be used for something else when an ugly situation or problems arises.
One thing that you should understand is that in every circle bitcoin creates a new ATH, even if you buy the normal quantity of bitcoin that you are suppose to buy, your portfolio will still increase in dollars value in the next bull circle. Those who bought bitcoin at $65k in 2021 have are not regretting it because bitcoin price has gone far higher than that amount.
To focus on increasing our bitcoin portfolio as soon as possible should be more of our priority than looking for how to buy bitcoin cheaper and slowing down the pace of your accumulation journey. If I have the money to invest aggressively or front load my bitcoin investment during the bull run, I will do it because I am investing for the future and by then bitcoin price will be very high than this current price.