Even if there is still room for decline, investment should not stop. Continuing dollar-cost averaging is the right approach.
Many people fall into a misconception: they insist on waiting for their ideal price to make a move. For example, investors who are bearish at 30-40 often think, "I'll wait until the interest rate cut cycle is fully over before entering." But what is the reality? The cost of missing out is far higher than the cost of buying at a higher price.
Looking back at historical records makes this clear. When Bitcoin dropped to $8,000 in 2022, did those who hesitated at around 20,000 USDT two years earlier really wait until $8,000 to enter? Most did not. They either kept waiting or gradually entered at higher prices, and the result was the same—huge opportunity costs.
The beauty of dollar-cost averaging lies here—buy a little when prices dip, accumulate chips as prices decline, and hold a base position as prices rise. You may accept buying at a higher price, but you absolutely cannot afford to miss out. Mental preparation is essential—start your dollar-cost averaging plan now, using time to create space. Price fluctuations are normal, but continuous action is key.
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Even if there is still room for decline, investment should not stop. Continuing dollar-cost averaging is the right approach.
Many people fall into a misconception: they insist on waiting for their ideal price to make a move. For example, investors who are bearish at 30-40 often think, "I'll wait until the interest rate cut cycle is fully over before entering." But what is the reality? The cost of missing out is far higher than the cost of buying at a higher price.
Looking back at historical records makes this clear. When Bitcoin dropped to $8,000 in 2022, did those who hesitated at around 20,000 USDT two years earlier really wait until $8,000 to enter? Most did not. They either kept waiting or gradually entered at higher prices, and the result was the same—huge opportunity costs.
The beauty of dollar-cost averaging lies here—buy a little when prices dip, accumulate chips as prices decline, and hold a base position as prices rise. You may accept buying at a higher price, but you absolutely cannot afford to miss out. Mental preparation is essential—start your dollar-cost averaging plan now, using time to create space. Price fluctuations are normal, but continuous action is key.