It's better for us to stay focused on preparing the bitcoins that we bought before and wait until the time comes for us to sell them at the highest ATH price. This will allow us to stay in the current bear market so that when the price starts to gain a rally, we can keep an eye on it and determine when we will sell bitcoins. The price may start increasing or get a rally after the middle of next year but it may not necessarily reach the last ATH immediately because the current bitcoin price has fallen too deep and it will take time to reach the last ATH. And we still have to wait at least another year or year and a half to see the highest ATH.
That’s the thing, if you DCA during this bear period, when the time comes you are going to end up with a great profit. This doesn't mean that it should be easy, it will take some time and during that period many people will feel a lot of emotions.Do you really think it’s easy to buy bitcoin at 60k? Of course not but I did it, and do you think it’s easy to watch it go down without selling? Of course not but I did it. You know how I did? I bought before it reached 60k and afterwards when it went down as well, my DCA is at around 24k right now, that should be proof enough that if you keep doing it, no matter what you do then you could profit as long as you stick with it.
No one is telling us to buy at high prices and before we make a decision, we must analyze it so we don't make the wrong decision. But it's different if you buy bitcoin at a high price because you listen to other people's advice.
