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Cryptocurrency discussions / Re: Are you buying now?
« on: May 04, 2024, 11:43:01 PM »There are many advantages to buying bitcoin using the DCA method, because we can buy in stages. I do daily trading and get profits from that trading, I do DCA with trading profits. This really helps me to increase the number of bitcoins I collect.The current market conditions are volatile so investing at this point may seem more risky to many. But this is an opportunity for those who want to take risks. And for those who are following the DCA strategy, this is not an opportunity but a regular job. I think the ones benefiting the most from this bearishness are those who doing DCA. If the market turns bullish again in the next few days or if it takes another 1 month, no problem, the bearish market is acting as an incentive for those who are doing DCA. I am still buying and will continue to do so until the market turns bullish.If you keep doing this, I think you will be much more successful. I think those who are not afraid of the volatility of the Bitcoin market and are constantly growing their investments using the DCA method will have the most success. There are still many people who are waiting to buy from many dips to invest but just imagine if the price of Bitcoin doesn't rise you won't be able to invest before then so it's always better to use the DCA method to invest even if it doesn't. If the market is a bit more volatile and goes deeper, it should be bought from there.