Is the Bitcoin DCA Chance Over? Here businessmen are thinking.

With Bitcoin's dominance declining nearly 60% amid price stagnation in the last few days of 2024, growing confidence among traders may be the time to shift their accumulation strategy to altcoins.

“Altcoins, at this time, offer excellent R/R [Risk Reward] profile rather than Bitcoin,” said anonymous crypto trader Dime in a December 27 post.

“Time to DCA Bitcoin is over for another 1.5+ years.”

According to a survey published by Kraken on October 7, 83.5% of crypto investors used the dollar-cost-averaging (DCA) strategy, and 59% still use it as their primary way to buy crypto.

The DCA strategy is investing a certain amount of money in a property consistently and regularly to capture the highs and lows of the price, resulting in a single average purchase price.

Dime told his 64,400X followers that the altcoin market will be “silly” in 2025 and that there will be high risk/reward opportunities in holdings from Dogecoin (DOGE) to Solana (SOL) or a wider range of memecoins.

However, Dime said existing Bitcoin (BTC) holders should “stay the course and ride it out.” “Assuming the cycles continue,” he said.

Echoing a similar sentiment, Soap Capital CEO Tyler Durdan said in a December 26 X post that “the next leg will be higher.” Durdan added:

I'm toying with the idea that the final legs and cycles are actually still a thing.

Adam Cochran of Cinnaeamhain Ventures also seems to agree, believing that the US Bitcoin Strategic Reserve has “low odds with the current Congress” that will cause Bitcoin to outperform the rest of the market in the short term.

“Other assets will benefit from regulatory transparency, new startups, a new ICO era, etc., and this will squeeze a lot of liquidity out of the room for BTC,” Cochrane said in a December 26 X post.

A change in attitude towards Bitcoin in the US

However, some observers, including Blockchain Association CEO Christine Smith, say Bitcoin's momentum is far from over, and even at this stage of the cycle there is still potential for new investors.

In an interview with CNBC on December 26, Smith said that Bitcoin will reach $200,000 before the possibility of $50,000. This represents a 108% increase according to CoinMarketCap data.

Bitcoin is currently trading at $95,720, and CryptoQuant contributor Darkfost recently stated that $95,000 is the “comfort zone for implementing a DCA strategy.”

Related: Bitcoin ‘Santa Rally' Buyers Enter to Push BTC Price to $98K

Smith added that the incoming Trump administration will trigger a wave of money flowing into Bitcoin from a change in attitudes in the US and more financial advisors.

“As retail financial advisors continue to advise their clients to do this, I think we'll see more people come to Bitcoin,” Smith said.

“People are looking for more Bitcoin, not less,” she added.

Magazine: Bitcoin payments are being undermined by a centrally stable coin.

This article is not intended for general information purposes and should not be construed as legal or investment advice. The views, ideas and opinions expressed herein are solely those of the author and do not necessarily represent the views and opinions of Cointelegraph.