Waiting for the right dip can easily become a trap because no one can predict market levels with certainty. dollar averaging not only removes the stress of timing the market but also helps you build your position steadily, it is all about consistency and patience. starting early and sticking with the plan beats trying to time every move, as volatile Bitcoin is. great reminder to focus on the long game rather than chasing dips
Waiting for the right downturn is a bad strategy because no one can predict the market, and it can change at any time. That is why the bitcoin market is frequently referred to as unpredictable; it may change without notice. To be honest, the dollar cost average has decreased a lot of tension when it comes to accumulating bitcoins, as well as those who are not serious enough to grow their portfolio, which means their lack consistency and patience, which is necessary things in all cryptocurrency.