Message to DCA and long-term investors:
The continuous fluctuation between 58-73 thousand since February 28 until today, for nearly four months, is very boring.
But it is another example of the effectiveness of the DCA method by purchasing on a regular basis without affecting the plan, and I will give you an example of myself
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It is noteworthy that I previously bought for 68 thousand and for 17 thousand, and despite that, my average is low, praise be to God, and the reason is that I added a lot between the average of 20-35 thousand, which
It lasted for 16 months and most of it was under 30 thousand
What will happen for the rest of the year?๐ค๐๐ป
Boring fluctuation in a narrow range until breaking the previous peak at $73,750, after which it gradually approached the $100,000 barrier by the end of the year.
The real madness will happen in the first half of 2025, which is what I expect
He will witness the peak of this session, and God knows best
Therefore, my message to those who are tired of fluctuation in a narrow range: This issue is in your favor and not against you, especially for those who invest in the long term using the DCA method, because boredom keeps away adventurers and reckless people.
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And remember well, years from today, and perhaps in less than a year, it will not make much difference whether you bought at the price of 64 or at 68 thousand.
All the best guys, and these are just personal expectations that may or may not be true. The most important thing is the same principle ๐๐ผ