Is this a good time to stop DCA BTC and focus on DCA altcoins?

[Mia Chloe]

Agreed, going into the dips is a better option if we are going to hodl, but we never know when exactly they are going to happen.
That's why we can do it with a dip or not, but the results would still be there if we hodl long enough.

DCA method is most efficient in bitcoin investments unlike altcoin investments where volatility in the negative way in that price may drop drastically could be an issue. DCA is most efficient for an asset or cryptocurrency that appreciates on an overall basis overtime and bitcoin is a perfect example which is why DCA works well with bitcoin.

Altcoins too are volatile but the certainty of price progression is quite lower compared to that of bitcoin.

[UNIVERSE]

DCA method is most efficient in bitcoin investments unlike altcoin investments where volatility in the negative way in that price may drop drastically could be an issue. DCA is most efficient for an asset or cryptocurrency that appreciates on an overall basis overtime and bitcoin is a perfect example which is why DCA works well with bitcoin.

Even if DCA method for Bitcoin is good, it is better to apply the DCA method in the right time. During this bullrun season, I think it is not very efficient anymore. DCA method will be more effective to apply during the bearish season. With DCA, we collect Bitcoin or altcoins gradually. It is difficult to get good amount of money in a short time.

Altcoins too are volatile but the certainty of price progression is quite lower compared to that of bitcoin.

Sure. But it is not totally true. There are some altcoins that have increasing very significant. BNB coin, SOL, and TON are 3 examples of altcoins that increased very well so far.

[yohananaomi]

DCA method is most efficient in bitcoin investments unlike altcoin investments where volatility in the negative way in that price may drop drastically could be an issue. DCA is most efficient for an asset or cryptocurrency that appreciates on an overall basis overtime and bitcoin is a perfect example which is why DCA works well with bitcoin.

Even if DCA method for Bitcoin is good, it is better to apply the DCA method in the right time. During this bullrun season, I think it is not very efficient anymore. DCA method will be more effective to apply during the bearish season. With DCA, we collect Bitcoin or altcoins gradually. It is difficult to get good amount of money in a short time.

Theoretically, what you said is really right that the best DCA scheme is when the bearish season occurs, because it will be more effective to use, but it is also not wrong if it is used in a situation like this where prices always move quickly corrected and increase later and looking for the right time when corrected.
Clearly with gradual and consistent then what is the goal can be implemented properly.

[Renampun]

why you should stop DCA bitcoin! it's better if you only focus on DCA bitcoin, not DCA altcoin.

...

Even if DCA method for Bitcoin is good, it is better to apply the DCA method in the right time. During this bullrun season, I think it is not very efficient anymore. DCA method will be more effective to apply during the bearish season. With DCA, we collect Bitcoin or altcoins gradually. It is difficult to get good amount of money in a short time.

Theoretically, what you said is really right that the best DCA scheme is when the bearish season occurs, because it will be more effective to use, but it is also not wrong if it is used in a situation like this where prices always move quickly corrected and increase later and looking for the right time when corrected.
Clearly with gradual and consistent then what is the goal can be implemented properly.

There are many DCA concepts and one of them is buy the dip (it is only buying when the market is bearish consistently) but many also buy bitcoin with DCA regardless of the price and this is the most common, I myself apply DCA regardless of the price, of course with the same nominal every month, the goal is to keep my cash there because emergencies always arise at any time.

[Mia Chloe]

There are many DCA concepts and one of them is buy the dip (it is only buying when the market is bearish consistently) but many also buy bitcoin with DCA regardless of the price and this is the most common, I myself apply DCA regardless of the price, of course with the same nominal every month, the goal is to keep my cash there because emergencies always arise at any time.

To make use of the DCA method you really don't need to be too concerned about price movement to the upside or down side if you are applying DCA Especially for the case of bitcoin. It's more because of the fact that over a longer time span bitcoin ends up progressing in price.

Nevertheless DCA would be more efficient in a time like this when we are still pretty much in a dip compared to DCA at 100k. You would ina situation like that need to wait more or if you continue you'll still end up in profit once we are back at 100k.

[snowpega]

To make use of the DCA method you really don't need to be too concerned about price movement to the upside or down side if you are applying DCA Especially for the case of bitcoin. It's more because of the fact that over a longer time span bitcoin ends up progressing in price.

Nevertheless DCA would be more efficient in a time like this when we are still pretty much in a dip compared to DCA at 100k. You would ina situation like that need to wait more or if you continue you'll still end up in profit once we are back at 100k.

Well said, mate. I know when we are doing DCA, it is not always about buying a dip, but in my opinion, it really matters when buying too high. What do you think? CMIIW! As we don't know the next move after buying too high, so in short, it may disturb your total average while buying too high.

Just would like to know your opinion about it; other than that, I am not proving your saying wrong, mate. Well, if you don't mind, one more question here is, what is your expected dip for Bitcoin in the coming bear market? Any guess 

[|MINER|]

Choosing Bitcoin as the main coin and by buying gradually through the DCA method is the best way that can be done, because the day the price of Bitcoin is more expensive.
 Especially if we start buying with the DCA method two or 3 years ago, of course our profits have been large.

It is true that if someone smartly starts a DCA scheme with Bitcoin during the bear market for two to three years, I think they can make good profits in that time.
But I think a DCA scheme strategy should be such that it is held for the real long-term, just like we earn money and deposit it in the bank. I am not saying that you have to invest a large amount weekly, it would be much better if you can do a very small amount that you can afford, but. The holding strategy should be increased to two to three years.

[alltalk]

It is true that if someone smartly starts a DCA scheme with Bitcoin during the bear market for two to three years, I think they can make good profits in that time.
But I think a DCA scheme strategy should be such that it is held for the real long-term, just like we earn money and deposit it in the bank. I am not saying that you have to invest a large amount weekly, it would be much better if you can do a very small amount that you can afford, but. The holding strategy should be increased to two to three years.

Of course, people who have done the DCA during the bearish season, they must already get enough profits. I'm very sure that many people already sold their Bitcoin when the price of BTC was still above $100k.

Yep. DCA is suitable for the long term investment. People who do DCA, they probably will hold their Bitcoin until the bullrun season. It is around 3-4 years. I also do the same way, I've bought some Bitcoin gradually during the bearish season and I plan for selling all the Bitcoin in this bullrun season.

[|MINER|]

It is true that if someone smartly starts a DCA scheme with Bitcoin during the bear market for two to three years, I think they can make good profits in that time.
But I think a DCA scheme strategy should be such that it is held for the real long-term, just like we earn money and deposit it in the bank. I am not saying that you have to invest a large amount weekly, it would be much better if you can do a very small amount that you can afford, but. The holding strategy should be increased to two to three years.

Of course, people who have done the DCA during the bearish season, they must already get enough profits. I'm very sure that many people already sold their Bitcoin when the price of BTC was still above $100k.
Yep. DCA is suitable for the long term investment. People who do DCA, they probably will hold their Bitcoin until the bullrun season. It is around 3-4 years. I also do the same way, I've bought some Bitcoin gradually during the bearish season and I plan for selling all the Bitcoin in this bullrun season.

If you really want to profit from Bitcoin investment, it is best to adopt a long-term strategy because in this case the chance of loss is very low unless someone sells their Bitcoins in an emergency situation.
And if you say it is actually true that many have booked their profits because touching the 100k milestone of bitcoin was a dream for many, in that case many have booked profits. Although I am still holding for a bigger ATH price.

[KryptoBull]

Of course, people who have done the DCA during the bearish season, they must already get enough profits. I'm very sure that many people already sold their Bitcoin when the price of BTC was still above $100k.

Yep. DCA is suitable for the long term investment. People who do DCA, they probably will hold their Bitcoin until the bullrun season. It is around 3-4 years. I also do the same way, I've bought some Bitcoin gradually during the bearish season and I plan for selling all the Bitcoin in this bullrun season.

You're right, I was one of those who waited and sold BTC at 100K USD because I believed 100K USD was a significant price area with strong resistance for the BTC price. Selling a small portion of my BTC has given me a good psychological balance and allowed me to start looking for investment opportunities in altcoins.

In your opinion, in which month might BTC create a new ATH, and will it lead to the growth of altcoins? Many people are still worried that BTC will absorb all the money from altcoins, and we won't have an altseason in 2025.

[tequilla_sunset]

If you really want to profit from Bitcoin investment, it is best to adopt a long-term strategy because in this case the chance of loss is very low unless someone sells their Bitcoins in an emergency situation.
And if you say it is actually true that many have booked their profits because touching the 100k milestone of bitcoin was a dream for many, in that case many have booked profits. Although I am still holding for a bigger ATH price.

I do think we will see a new ATH through 2025.
And the chances of loss are indeed small if a person knows why he should hodl and why he wouldn't be in a bad situation just being patient.

[yohananaomi]

It is true that if someone smartly starts a DCA scheme with Bitcoin during the bear market for two to three years, I think they can make good profits in that time.
But I think a DCA scheme strategy should be such that it is held for the real long-term, just like we earn money and deposit it in the bank. I am not saying that you have to invest a large amount weekly, it would be much better if you can do a very small amount that you can afford, but. The holding strategy should be increased to two to three years.

Of course, people who have done the DCA during the bearish season, they must already get enough profits. I'm very sure that many people already sold their Bitcoin when the price of BTC was still above $100k.
Yep. DCA is suitable for the long term investment. People who do DCA, they probably will hold their Bitcoin until the bullrun season. It is around 3-4 years. I also do the same way, I've bought some Bitcoin gradually during the bearish season and I plan for selling all the Bitcoin in this bullrun season.

If you really want to profit from Bitcoin investment, it is best to adopt a long-term strategy because in this case the chance of loss is very low unless someone sells their Bitcoins in an emergency situation.
And if you say it is actually true that many have booked their profits because touching the 100k milestone of bitcoin was a dream for many, in that case many have booked profits. Although I am still holding for a bigger ATH price.

Bitcoin is always synonymous with long-term investment and rarely anyone who does it fails, but it always succeeds even though the profits obtained may be slightly different because of misjudgments in determining when to start releasing it.
True, when it has touched its last ATH I can assure you that many have received a profit spillover but maybe some are still waiting for a higher price and that is only natural.

[tabas]

No.
On my personal note, this is a bad idea for me and I've seen results for myself and I am not going to do it at this point. It's better to DCA BTC when the market is so shaky because the bad things are going to come to the altcoins market and we will not like that when that happens and the most that you've got is with altcoins.

[bitterguy28]

No.
On my personal note, this is a bad idea for me and I've seen results for myself and I am not going to do it at this point.

good to always reference personal experiences because this is proof that it does happen to you and it could easily happen again maybe for other people they can handle it better but if you already know that this method is not for you then you should not try anymore again

It's better to DCA BTC when the market is so shaky because the bad things are going to come to the altcoins market and we will not like that when that happens and the most that you've got is with altcoins.

yeah since altcoins are a lot more unpredictable than bitcoin, when the market declines altcoins will feel it a lot more basically the decline would be a lot more intense since they are a lot more volatile and their communities aren't as strong as that of bitcoin's

[tequilla_sunset]

No.
On my personal note, this is a bad idea for me and I've seen results for myself and I am not going to do it at this point. It's better to DCA BTC when the market is so shaky because the bad things are going to come to the altcoins market and we will not like that when that happens and the most that you've got is with altcoins.

BTC shakes - alts tremble even more.

That's why we currently should continue the process of proper hodling of BTC and steady accumulation.