This is the first time Bitcoin has set a new low for 7 weeks straight. The longest losing streak before now has been 6 weeks. History may not always rhyme but most times, whenever a coin sets a new all-time high (ATH) or all-time low (ATL) record, I start my DCA plan on it. After a new ATL record, I start buying the dip, and after a new ATH, I begin selling in instalments to take profit. It's probably a good time to activate your DCA plan in this bear market but go slowly tho. NFA! #cryptocurrency #crypto
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DCA is the best way to help me stack up any coins whatever it is low or high in price. Yes, regularly rebalancing and take some profits home is great to minimize the risk for a long term HODL.