Considering the way dollar 💰💰 rate is increasing, i think someone needs to monitor the market closely, today it's increasing tomorrow it's reducing. I think the best thing to do know is to buy with enough capital and also it's important to know the DCA before buying
You mean bitcoin or dollar? Why monitoring the market closely did you plan to sell when there is an increase in BTC price? There is nothing bad watching the market but it shouldn't be done constantly as long term investor you don't regularly need to be monitoring the market all the time since u never plan to sell premature and you should also know that bitcoin is volatile that's why you see it go up and down so your focus shouldn't be on the market but how to be buying more bitcoin.
You can buy bitcoin with enough capital if that is your discretionary income which is the lump sum strategy, you can also be buying consistently using the dca strategy weekly or monthly and hodl.