Most beginners seeing Bitcoin at $29,747 today, the first thing that may likely come to there mind is that they should have invested all the money they have and rip the profits.
This is true especially those that knew when it was $16k and lower prices. Another thing is when they notice that the market have been moving up consistently for days now, they might be tempted to just put in money, make profit and then get out. Indeed, there is no difference between this and gambling. They often finally make the decision when Bitcoin is about to retrace and that is where the pain comes in intensely.
There are also many skeptics that do check the price of Bitcoin once in a while to know if they should be happy they refused to invest in Bitcoin. When the price goes lower they celebrate their supposed wisdom but when the price rises, there is this regret and pain they feel that they will never share with anyone. I knew this because I have seen few of them.
We are happy to have a thread like this one where various methods of Bitcoin accumulation have been discussed with emphasis on the DCA method that is suitable for majority of the people.
Seeing the price of bitcoin moved up to 29k+, gives me joy that my bitcoin portfolio will increase with time as long as I am on a long term cruise. This has also motivated me to continue with my regular DCA because this is the only way I can rest be assured that I am investing the right way regardless the price of bitcoin at any given time. We shouldn't bother about those panic traders who think that they are smart with bitcoin price movement to make profit when they are only chasing shadows. We should concentrate on accumulating more bitcoin to fill up our bags during this period because I still see this price as an opportunity to keep buying with regular DCA, as we are no more new on the benefit that awaits long term hodlers, if you can be patience and believe in bitcoin by discipling yourself with regular buying.