Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.
Your sense of urgency will only make sense if you see the price of bitcoin having a sharp decline and without any doubt you'll stack more fractions of bitcoin in your wallet. This is where the opportunity lies aside from DCAing, for you to maximize your future profit. Sometimes, a person would never understand how important DCA method is because it needs thorough market monitoring in order to make a purchase during a decline, whereas buying at the bottom might sound easier, but it's actually impossible to find the bottom because nobody knows it.
IMO, there is really no risks in Bitcoin no matter in what price you have entered the market as long as you keep holding onto it and resist from selling to cover losses, then you are perfectly fine. bitcoin is bound to reach the 6 digit figure.
This is on where you could really differentiate in between people who does have that actual experience and awareness on how this market moves or behaves compared into those person or people who does have
zero knowledge about it. Of course it would really be just that normal that there would really be that ups and down of this market on which it would really be just that way not too easy to deal with specially
when you are still that a noob but on the time on having that continuous dealing and engagement then you would really be making yourself gradually learn along the way. You would be able to realize
on whats the best time to buy and whats the best time to sell if you are really that going for short term but if you are really that going for long term then this wont really be
that an issue.
Holding or selling, these are both things on which you would really be thinking or minding on.Outcome and results would really differ into each other basing up on what situation
you had that been thinking on or on what you had taken.