Is DCA a Smart Strategy Now?

[Dorocrypto]

The news of BTC eying 11% monthly gains as DXY threatens major plunge on Cointelegraph. From what I'm seeing, I think BTC is in for a good positive price trend but not sure if  the bullish cycle is upon us although recent market news are suggesting better days ahead, seeing the likes of Titan of Crypto & Daan Crypto on X speaking volumes as to what will be the outcome of the market this Q4.
With the price at $65.7K, I'm kinda confused if dcaing ATM is worth a good strategy at the moment in preparation for the next bull cycle which could arrive anytime soon & on the other hand DXY plunge could also hit us hard in my humble opinion

[zynno12]

Honestly, DCA might be a good move right now with BTC looking positive. Just keep an eye on the market trends and your own risk level. It could pay off!

[Zed0X]

Well, I think it's always to have some BTC in your portfolio. If you're planning on buying just now to catch the what I prefer to call as the last leg up in this cycle, it's still a good decision but that's your call. You can start DCAing next year in preparation for the next halving.

[TomPluz]

Well, it is your call whether to continue DCAing while looking at the current bullish price of Bitcoin. You can choose to stop anytime and then come back anytime if you want to since nobody will actually be giving you any punishment for that...though this may defeat the very idea of DCA. When you are listening to the opinions of other people especially those whom you admire, you can easily get confused on what to do. Always remember that not one of them can be right all the time. Better listen to your gut and follow your heart.

[enoch_from_off]

Well, I think it's always to have some BTC in your portfolio. If you're planning on buying just now to catch the what I prefer to call as the last leg up in this cycle, it's still a good decision but that's your call. You can start DCAing next year in preparation for the next halving.

Totally. It's viable, but it's up to each person and the goals they have in place.
This cycle should be good, though.

[Dorocrypto]

Well, I think it's always to have some BTC in your portfolio. If you're planning on buying just now to catch the what I prefer to call as the last leg up in this cycle, it's still a good decision but that's your call. You can start DCAing next year in preparation for the next halving.

The market conditions at the moment is presenting opportunities to BTFD, by the way, the next halving is too far and I would want to grab this chance before it's too late should the Bull kicks in.

[nakmantu99]

Well, it is your call whether to continue DCAing while looking at the current bullish price of Bitcoin. You can choose to stop anytime and then come back anytime if you want to since nobody will actually be giving you any punishment for that...though this may defeat the very idea of DCA. When you are listening to the opinions of other people especially those whom you admire, you can easily get confused on what to do. Always remember that not one of them can be right all the time. Better listen to your gut and follow your heart.

You can do the DCA method according to your wishes, to continue when the price goes up or stop according to your wishes. Because this method can collect the coins you like gradually. and this is a smart strategy and is adjusted to each person's abilities in order to get maximum results in collecting crypto assets in our wallet.

[Dr.Bitcoin_Strange]

According to speculations, Bitcoin expected to reach $120k - $150k before the bull market will be over and if that actually going to happen, that means DCAing now can still be able to generate some profit.

[LogitechMouse]

According to speculations, Bitcoin expected to reach $120k - $150k before the bull market will be over and if that actually going to happen, that means DCAing now can still be able to generate some profit.

If that's the case then I would agree with you. I also expect that Bitcoin will reach at least $100,000 during the bull run hence, it's still good to accumulate some Bitcoin right now if your primary goal is to sell it during the bull run like what others are planning for sure (including me).

DCA is a good strategy to accumulate Bitcoin, and you can do it anytime "EXCEPT" when the market is falling down or we are entering the bear market already. I guess studying the history of price movement of Bitcoin can help you determine which month or year is good to buy accumulate Bitcoin.

[bitterguy28]

With the price at $65.7K, I'm kinda confused if dcaing ATM is worth a good strategy at the moment in preparation for the next bull cycle which could arrive anytime soon & on the other hand DXY plunge could also hit us hard in my humble opinion

people who do dca should focus only on growing their funds if they start to worry about prices the possibility of missing some good chances will be higher this is why many people do dca so if you are someone that can't help but worry about the price then you can just buy at a cheaper price and stop during when the price is this high

there are many methods of gaining more bitcoin depending on your own goals, preferences and budget as well as your own character

[Dr.Bitcoin_Strange]

According to speculations, Bitcoin expected to reach $120k - $150k before the bull market will be over and if that actually going to happen, that means DCAing now can still be able to generate some profit.

If that's the case then I would agree with you. I also expect that Bitcoin will reach at least $100,000 during the bull run hence, it's still good to accumulate some Bitcoin right now if your primary goal is to sell it during the bull run like what others are planning for sure (including me).

DCA is a good strategy to accumulate Bitcoin, and you can do it anytime "EXCEPT" when the market is falling down or we are entering the bear market already. I guess studying the history of price movement of Bitcoin can help you determine which month or year is good to buy accumulate Bitcoin.

It’s important to always remember that this is only but a speculation, no one has the ability to accurately predict the crypto market. Hence, it’s always advisable to always take precautionary measures when approaching or making investment decisions based on speculations as these information may not be accurate. However, it’s important to always approach Bitcoin investment with long term perspective at all time as this is the only way you’re sure of mitigating the risks of losses, short term approaches are never certain as the market could at any time take an unexpected turn.

[JISAN]

The news of BTC eying 11% monthly gains as DXY threatens major plunge on Cointelegraph. From what I'm seeing, I think BTC is in for a good positive price trend but not sure if  the bullish cycle is upon us although recent market news are suggesting better days ahead, seeing the likes of Titan of Crypto & Daan Crypto on X speaking volumes as to what will be the outcome of the market this Q4.
With the price at $65.7K, I'm kinda confused if dcaing ATM is worth a good strategy at the moment in preparation for the next bull cycle which could arrive anytime soon & on the other hand DXY plunge could also hit us hard in my humble opinion

DCA is always a smart strategy because you can maximize your loss and risk by using DCA method. if you buy Bitcoin or any others coins in on transaction then you may face a big loss if market goes down. and it has also possibility to make a good profit if market goes up after you bought any coin. so if you want to minimize your it risk then yes DCA method is very good. I always use this method for trading and also for holding. because I like to take low risk and enjoy myself in relax way

[0t3p0t]

In my opinion, if you go long term or waiting for the next bullrun, then buying at the moment will be good and DCAing is the best as long as you are able to hodl til the next bullrun. We can actually DCA all the time depending on market conditions and if it really is profitable to us. If only I had the chance to buy then I will surely buy Bitcoin as my back-up or reserve investment.

[smartaction]

In my opinion, if you go long term or waiting for the next bullrun, then buying at the moment will be good and DCAing is the best as long as you are able to hodl til the next bullrun. We can actually DCA all the time depending on market conditions and if it really is profitable to us. If only I had the chance to buy then I will surely buy Bitcoin as my back-up or reserve investment.

DCA should definitely be followed here as crypto is volatile. And throughout life DCA will be used as a good investment strategy with no alternative. It must be accepted otherwise no one can manage money. And all professional traders I think use the DCA method. So why don't we use it?

[Findingnemo]

First of all DCA is for the real long term investors so they should not be affected by short term markets like change in Q4 trends or such like that, their goal should be accumulating x amount of bitcoins in x amount of years and they are committed to invest x amount of their income to bitcoin for every week or month and not taking any break from the investments whether the market rise or dip is the right way of doing DCA and it's the best strategy for retail investors to accumulate decent amount of bitcoin.