-Bitcoin "Saving" Technique-

Many people consider Bitcoin as a "savings" asset for the future due to its Gold 2.0 thesis. Many do not care about the potential downturn or bear market and continue to make purchases even when prices are falling. So, what are the proper ways to "save" Bitcoin?

#1 Dollar Cost Averaging (DCA).

DCA is a method for making periodic purchases of a fixed amount regardless of price fluctuations. DCA can be done weekly or monthly. For example, setting aside 10% of your salary each month to buy Bitcoin. A salary of 4 million and 400 thousand is used to buy Bitcoin.

#2 Buy Utilizing Fear and Greed.

Fear and greed can be used as indicators for buying. For instance, we make purchases when the indicator is in a state of extreme fear, which means prices are likely experiencing a correction. Additionally, we should avoid moments of greed for purchasing. However, this method requires specific expertise and there is a chance of missing important moments in the market.

#3 Buy the Dip Style.

This style can be considered as "smart DCA" because we will allocate our capital each time there is a significant correction in the market and not use capital when there is no correction. Unfortunately, with this method, there is a chance we get sidelined or do not own anything when we miss the bottom momentum.

#4 Breakout Buying Strategy.

This strategy is the worst because we wait for bullish momentum before making purchases. In an era full of manipulation, there is a chance that we might buy a fake breakout and the price will fall back from the range we expect, leading to a tendency to cut losses, so it cannot be considered a proper "saving" step.