Fact. The best thing is to accumulate more Bitcoin especially. You've been accumulating since 2016?
Do you ever sell, Because I do sell at times and buy whenever i have extra cash to buy. It's also good to always take profit ones a while because there Is nothing to lose doing so.
The most important thing is that up to now you at least still own or hold some of your existing assets. Selling it in the past when you were still doing DCA was avoided, but at some times it was necessary to do it for emergencies. I think he is a typical investor who is very patient, considering that 8 years is not a short time, halvings also occurred in 2016, 2020 and 2024... meaning that if I'm not wrong in my calculations, he has gone through 3x halvings including this year.
I am sure that the investment will definitely be profitable because Bitcoin price movements are always profitable if you apply the DCA strategy.
Fact. Bitcoin investment is always profitable if one apply the DCA strategy. Although, I think the bull market is closer but even if one bought at previous ATH which was 69k before this new one, one should be close to profit by now. So, DCA it is. Which is even better than buying the top
So far, many people want to invest in Bitcoin because it is very profitable, but because the price is already high, there must be a scheme to be able to collect it. Of course, the DCA scheme is the right thing to do, because when the price increases, it will have accumulated enough to be able to, be released. But if you really can't do that then you can look for other alternatives where the altcoin potential is also very good, and the profits are still good.
That is the thing though, it's really expensive and so there could be investors that doesn't want to or think that they should be buying 1 BTC right away. But that is a wrong mindset, they can start out with DCA or just buy when they can or have the money. Don't force yourself to DCA if you don't have the capital like weekly buying.
As for altcoins, the risk is too high, but still good for newbie investors just to try it out so that they will have the feel of being a crypto investor. And then they gradually move on as they got experience under their belt.
Buying units for bitcoin is certainly very expensive. There is always something that can be done with the DCA scheme, because that is what up to now can be done well according to what we had at that time. In my opinion, the DCA scheme is the best. If anyone feels there is another scheme, so long as you can collect and buy bitcoin, just do it, the aim is to be able to have bitcoin.
Indeed, many are doubtful about altcoins, but at times like this there are quite a lot of potential altcoins, and you don't need to worry about holding them. You can also make a contribution to the holder. The most important thing is that the altcoin you choose has potential and can be easily searched for on CMC.