Having a strategy and not rushing into things is important. I'm always thinking about the future, and I don't believe in investing just for quick profits, especially with Bitcoin. I like that many people here focus on long-term goals. One reason I don't invest a large sum all at once is because it's better to start early when you have the money and not wait for the huge capital to be there. If I try to save up a big amount to invest later, I might end up spending it on something else. So, I prefer to invest $100 from each paycheck, spreading it out over 3-12 months. This way, I can accumulate more Bitcoin over time.
Your approach to investing in Bitcoin is a prudent one and aligns with the long-term financial planning and risk management. Although many market experts are anticipating a major dip in Bitcoin's price, dropping to price to $20,000 or even below, based on their fundamental and technical analysis, but it is important to recognize that such forecasts are not certain. Bitcoin has history of surprising market participants with unexpected movements. However, if such a scenario unfolds, it would be wise to capitalize on this potentially lucrative moment.
That's right, Bitcoin has a history of surprising market participants with unexpected moves and what is clear right now is that Bitcoin is all the rage now, Well, now How do we put yourself in the best position to trade and invest in Bitcoin in moments like these meaning there are many trading strategies that can be applied, whether you want to trade the DCA model, the instinct model, or technical analysis and try and gauge the Bitcoin market sentiment and take advantage of this for sure.
Of course we have to have extra money again and next to go to the exchange, make a local money deposit, money that will be used to buy Bitcoin otherwise moments like this will just pass by.