prices are lower. Starting a dca say 100 usd a week for a year would be an okay move. Doing 100 usd a week for 2 years would be better. As long as you Just stack them and hold them.
Why stack ONLY 2 years?
Why not 4-10 years or longer? You know that it can take guys a long time to build up an investment, especially if they are ONLY able to invest 10% or less of their income into bitcoin on a regular basis.
Of course, if they are able to invest higher than 10%.. perhaps 15% t0 25%, then they might reach a point of higher levels of accumulation faster, yet even a guy investing 25% of his income into bitcoin would have had ONLY invested 50% of his annual income after 2 years. Is that enough to have had invested in bitcoin?
It's a big mistake to sell your Bitcoin with intention of buying them at low later. People who follow such strategy never get good return because there goal is to get few buck profit and that's it. Those who are holding Bitcoin for long term need not to worry about ups and downs of Bitcoin because the price will eventually go up.
Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?
The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment.
Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.
You can do what you like Victorybit1, but it does not seem to be a good idea to be fucking around trying to sell and buy back cheaper, especially if you still have a goal to keep accumulating bitcoin.
One of the best ways to assure that you keep building your bitcoin stash is by keeping on buying, so selling is not a good way to increase your stash.
Sure, the more bitcoin you accumulate and the longer you are in, then you might start to think that you can time the waves, yet we have a whole hell of a lot of examples in bitcoin's history where guys end up selling too much too soon and they also end up not accumulating as much bitcoin because they are too busy waiting to buy on dips rather than ongoingly buying.
You might be able to figure out a way to accumulate more bitcoin by strategizing your buys, but it might just show that you are not serious about really accumulating bitcoin for the long term such as 4-10 years or longer, and surely most people take a long time to build up their bitcoin investment, so I am having trouble imagining situations that you might have had been able to build up your bitcoin investment enough in 4-5 years to be able to justify fucking around trying to trade rather than staying focused on ongoing, persistent, consistent, regular and perhaps even aggressive buying of BTC.. one of the surest ways to continue to grow the quantity of BTC that you have
But yeah, in the end, it is your judgement if you think that you are going to be able to strategize ways to accumulate more bitcoin for less as compared with guys who just ongoingly keep buying and prioritize their lives around ongoingly buying bitcoin until they reach a status of sufficient or over accumulation of bitcoin that would justify their changing their strategy.. but not necessarily selling with a purpose of buying back cheaper... But yeah, if you think you got it all figured out how to sell and buy back cheaper, then that is on you to be fuckign around with those kinds of likely inferior BTC accumulation strategies.