Those who DCA every day in a bear market—now they no longer even check the charts.
After BTC held steady above 80,000, all the group chats became lively again. Some people posted their profits, others calculated their target prices, and some shouted that the bull market was only just beginning.
Only A Kai rarely said anything. When someone tagged him and asked how much he’d made, he just replied with a smiley face and said, “Not bad—I’m still holding.” Nobody knew that this person, who had grown so laid-back that he seemed like an outsider, had been the most anxious person in the group just two years ago.
A Kai entered at the tail end of the 2021 bull market. Like most newcomers, he heard from friends that trading crypto was fast money, so he jumped in with half a year’s salary. Right after he started, the altcoin craze was in full swing. The coins he bought were up 40% in a single week. He felt this market was made for him—adding more, chasing price, switching coins based on rumors. He stayed busy until the early hours every day.
Then the bear market came. From late 2021 through more than a year in 2022, the coin prices slid steadily downward. The altcoins in his hands fell by 80%, and BTC was slashed in half, then halved again. Back then, he stared at the charts every day until late at night. Even a small dip made him panic; even a rise made him want to average down. The more he averaged down, the more he got trapped; the more he got trapped, the more anxious he became. He couldn’t even focus at work.
In the group, people would shout “buy the bottom” and then “it’s zero.” He kept following along with his trades back and forth, and his principal kept shrinking.
The real turning point came in September 2022, when the market was so cold that almost nobody even spoke. He liquidated all his altcoins, keeping only BTC and ETH. He set a hard rule for himself: DCA every week without fail, regardless of whether it went up or down, no exceptions.
At the time, many people laughed at him and called him foolish. They said in a bear market there’s no bottom to be found, and DCA was just “purely” sending money away. He didn’t argue. Every Monday, when he got paid, he transferred money to buy. After buying, he immediately shut the app. Then he went to work and spent time with his family. When the market dropped, others cursed it; he quietly bought. When the market rebounded and others chased the price, he still bought according to plan. He kept buying BTC from more than 10,000 all the way to over 20,000, taking a full year and a half.
When this bull market started, BTC surged from over 20,000 all the way to 80,000. The group chat erupted again—leveraging, swapping into altcoins to chase a hundredfold, and everyone guessing the top, exactly like 2021.
Only A Kai stayed the same. He still DCA every week, and once he reached his target price, he sold in batches. Whether he sold too early and missed more gains didn’t bother him; whether it dipped didn’t faze him either. Some people said his mindset was too small—that in such a big行情 he should use leverage to make more. He just said, “I’m just an ordinary person. I just need to make money that I can understand and see.”
After BTC held steady above 80,000, all the group chats became lively again. Some people posted their profits, others calculated their target prices, and some shouted that the bull market was only just beginning.
Only A Kai rarely said anything. When someone tagged him and asked how much he’d made, he just replied with a smiley face and said, “Not bad—I’m still holding.” Nobody knew that this person, who had grown so laid-back that he seemed like an outsider, had been the most anxious person in the group just two years ago.
A Kai entered at the tail end of the 2021 bull market. Like most newcomers, he heard from friends that trading crypto was fast money, so he jumped in with half a year’s salary. Right after he started, the altcoin craze was in full swing. The coins he bought were up 40% in a single week. He felt this market was made for him—adding more, chasing price, switching coins based on rumors. He stayed busy until the early hours every day.
Then the bear market came. From late 2021 through more than a year in 2022, the coin prices slid steadily downward. The altcoins in his hands fell by 80%, and BTC was slashed in half, then halved again. Back then, he stared at the charts every day until late at night. Even a small dip made him panic; even a rise made him want to average down. The more he averaged down, the more he got trapped; the more he got trapped, the more anxious he became. He couldn’t even focus at work.
In the group, people would shout “buy the bottom” and then “it’s zero.” He kept following along with his trades back and forth, and his principal kept shrinking.
The real turning point came in September 2022, when the market was so cold that almost nobody even spoke. He liquidated all his altcoins, keeping only BTC and ETH. He set a hard rule for himself: DCA every week without fail, regardless of whether it went up or down, no exceptions.
At the time, many people laughed at him and called him foolish. They said in a bear market there’s no bottom to be found, and DCA was just “purely” sending money away. He didn’t argue. Every Monday, when he got paid, he transferred money to buy. After buying, he immediately shut the app. Then he went to work and spent time with his family. When the market dropped, others cursed it; he quietly bought. When the market rebounded and others chased the price, he still bought according to plan. He kept buying BTC from more than 10,000 all the way to over 20,000, taking a full year and a half.
When this bull market started, BTC surged from over 20,000 all the way to 80,000. The group chat erupted again—leveraging, swapping into altcoins to chase a hundredfold, and everyone guessing the top, exactly like 2021.
Only A Kai stayed the same. He still DCA every week, and once he reached his target price, he sold in batches. Whether he sold too early and missed more gains didn’t bother him; whether it dipped didn’t faze him either. Some people said his mindset was too small—that in such a big行情 he should use leverage to make more. He just said, “I’m just an ordinary person. I just need to make money that I can understand and see.”