And in view of this in 2020 I invest some of my savings in Bitcoin.
From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline. Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.
Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.
What is your opinion on this?
We have to be aware that the Bitcoin price moves following similar patterns in 4-year cycles, and, although not necessarily 100% the future has to be like the past, seeing those patterns can help us to get an idea of what is the best way to accumulate Bitcoin, and for that we have to have a long term vision.
Doing like you is fine, and although you don't say exactly at what price you bought, during the next cycle you are sure to be in profits and can do some partial selling.
A good strategy to accumulate is to do pure DCA, i.e. buy exactly the same amount every week or month, but the DCA has variants, and one of them quite interesting is to regularly buy the same amount but take advantage of bear market moments to buy more and the peaks of the cycle to sell.
Study, learn, and decide which strategy suits you best.