I continue with my BITCOIN DCA, day after day, it doesn't matter to me if we are at maximums in this sense, I always buy some BITCOIN on a daily basis, however, on days like today I increase the amount. I don't have a crystal ball to predict the future, but I have it clear with BITCOIN. It is possibly the only decentralized asset given its POW algorithm and how diluted the mining power is among many...
I could bet on some other shitcoin, like SOLANA or RIPPLE for example, where many believe they are going to get rich but I have already passed that phase a long time ago.
BITCOIN gives you freedom, other shitcoins don't, especially those that depend on a foundation, that is, whose operation and tokenomics depend on SOMEONE you cannot control.
Of course, when I say I accumulate BITCOIN I mean that I buy satoshis, I don't buy any ETF-type substitute, unless it's just for speculation, which I like to do as well.
Buying BTC through an ETF is simply buying another shitcoin dominated by a third party.
Real BITCOIN is for long-term accumulation, regardless of whether it goes up or down, it's simply accumulating for the long term, and with that, I mean that it can even transcend me and be inherited by my children.
I'm not going to stop taking advantage of each of the falls I make to increase my stake more and more, even if it goes beyond the religiosity that involves following a DCA strategy.
Amen 🙏🏻
It's fine since you are DCA into the prices. It will even out eventually and we need to see where BTC will find its new support at. I think it's better to hold BTC than choosing an ETF because you won't be got by those management fees.
could the drop be linked to ETH fall? afaik it started earlier than btc
No idea