How is that DCA if you are trying to time the market? I mean, the main advantage of it is that you don't have to obsess yourself about the price and constantly track it and instead just invest in regular intervals no matter the price.


How do you mean "buy bitcoin again"? Germany was selling seized bitcoin, they didn't buy it in the past and now selling for a profit.

It's a more efficient form of DCA if you buy the local bottoms and sell at local highs.

I have previously seen this topic on the other forum, and my comment here is going to be inline or the same thing as I have said on the other forum.
And one of the things I remember mentioning or saying in that comment was that it makes completely no sense when we allow ourselves to worry over something we have absolutely no control over, worrying that the German government is selling whatever amount of bitcoin they held won't make them change their minds, in fact, the government actually dont know that you and I exists here in our individual parts of the world.

So, for me, I think finding peace of mind in this market is learning to accept whatever comes, as reality, rather than worry over it, especially when there I nothing I can do to change It aside the fact I could decide to use such sell off times as time to accumulate more bitcoins at cheaper price.
I hope this makes any sense to you though.

That’s not DCA’ing though. That’s called timing the markets, a.k.a trading.

DCA’ing doesn’t care anything about the market movements. Timing the markets is always more profitable but that’s the thing, not everyone can time the markets and that’s why people do DCA.

Local tops and bottoms form all the time. Which local bottom on which chart are we talking about? 1 month chart? 12 months chart? Daily? One can find bottoms and tops in all these charts. When you start examining charts, you ain’t DCA’ing anymore.

I can't guarantee whether there is a connection between the bitcoin rally and Trump, but my opinion is that there is. Mr. Trump's assassination unintentionally increased his support rate as well as his election win rate significantly. Meanwhile, we all know that Mr. Trump openly supports bitcoin, so it is no surprise that the market reacted positively to his increasing odds of victory.

From what I see on Twitter, most people hope that Mr. Trump will win the election and they believe that it will be a strong catalyst for us to have a great bull season as well as a major turning point for the cryptocurrency industry. So that's why I think there's a connection between Mr. Trump and today's bitcoin price increase.

No, it's not trading if you don't keep fiat.

If I want to buy some groceries, I'll do it at the local top.

If I want to save money, I'll buy the local bottom.

I don't keep fiat, it's 100% BTC.

i myself am not afraid when germany sells their bitcoins, because it is also their right to sell bitcoins that they have held from criminal acts. and not only germany, even if other countries do similar actions, my reaction is the same that i will not be affected by it. because if we believe in bitcoin, then things like this are like ordinary waves; it is impossible for bitcoin to be in a positive phase forever, there will definitely be a time when it drops. but even so there will definitely be a time when the market will recover, so don't just sell when the market is bearish.


on the positive side, it means that people who want to buy bitcoin can get bitcoin at a cheaper price than they did some time ago, and they can buy more and then hold it.

Its not DCA at all if you are timing the market, as per investopedia definiton what dollar cost average method is. Unless you have some other definion of what DCA is.

It would be nice for me if the German government would sell some more Bitcoins. Even if you invest in the current situation, the profit will not be very good. I have sold part of my investments this year from what I invested last year and took profit. Will invest again so was waiting for a dump. The German government has created that opportunity. If they sold more, I could buy more coins in my hodling bag again.

General people think that investors got scared it the market started dumping. In fact, they do not understand that the dump is a buying opportunity for investors, lol