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Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: May 07, 2024, 11:38:56 PM »Yeah and I regret for not buying as well since I knew Bitcoin at that price range before prices goes rally up. That is why I am trying to catch up right now through Altcoins since they are much cheaper compared to Bitcoin but yeah once I earn profit to alts it will surely be converted back to Bitcoin.
You missed the opportunity recently to buy at $56k last week that is why DCA is always the best strategy if you are a long-term holder because you will miss the dip if you don't do DCA sometimes fear is one of the reasons why we don't buy at the low price and we think that the price will still drop more.
luckily I bought a bit of BTC at around $57k but I missed the dip price because I set my DCA at a lower price around $52k near major support.
But do you think it can reach the $52,000 support again? because it recently Reached $58k, of course there is the halving effect and that is something that many are waiting for, I don't know how big the impact is so that they can do better things , but personally I say that when it is time for bitcoin to give that rally bullish is or will be at a time that no one will expect, that is why it is good to buy in Every setback that bitcoin takes, a correction will always be an Opportunity for those who are Clear about what it is. bitcoin does, otherwise I think things will go down if you don't buy , it is smart to buy when the price goes down, and thus wait for a good jump to a New ATH.