I am considering buying more bitcoins in a down market like now because this is a good time to accumulate bitcoins. The investment we are currently making will grow over time and we will begin to see how much the value of the profit is when the market starts to increase. So don't be late to invest in bitcoin and place a buy order before the price increases. And make sure to use the money you can afford to invest.
Yes, that should be our mindset when the market is down, buy more and continue to accumulate. DCA strategy is the best, but if there is a huge reversal, we might go big and buy a lot because that opportunity might not come along. But as for this correction, DCA and we will be good.
It looks like the price gets reversal for a little. But that still needs more time to return to the last high price. Hopefully, in the middle of the month, the price can rise and reach another high price.
There are times wherein the buyers are outnumbers by the sellers and so the price will go on a retracement. So far though, the retracement is not that big, yes the price did go down a bit, but somehow the pattern has stop now and we might see the price in a sideway pattern.