Quote from: Barikui1 on December 31, 2023, 03:09:21 PM

Bitcoin is really a fine wine,🍷 because it gets better with age, since it creation, it has progress significantly into an asset that is worth having, from the days when it's value was not even up to $100 to now that it's over $42000 plus, I just believe that after this next halving it will gets even better, and now is the best time to DCA into Bitcoin, because the reward will be worthy of the wait.

I think the analogy is correct to a large extent because Bitcoin keeps getting better as it gets older. Sometimes the price fluctuates and reduces to a large extent but the good thing about it is that it will always recover. Hopefully, the price will beat its current ATH by next year and investors will be able to gain some profit. DCA strategy is the best if one intends to invest in Bitcoin because it is convenient and reduces the level of risk. But buying a lump sum when the price has dropped to a large extent will not be a bad idea if you have the funds to invest.

Quote from: Nwada001 on December 31, 2023, 04:09:14 PM

$42k is among the highest prices it has reached, not its ATH. I believe after the halving we might see a new ATH, but that' won't happen immediately; it might take some time, and we might even see some drop in price before the initial price pushes up. We just have to hold what we can and see how it goes. Not having too much expectation will reduce the disappointment many might get as a result of them not seeing the price they believe it will reach at a certain time.

The Bitcoin market has never experienced the level of institutional Investment that the Spot Bitcoin ETF will attract. And this event might coincide with the halving which might make the market keep pumping. The market now seems unpredictable and it is possible not to experience any drop in price until we enter the bull run proper.