During 2019 to 2020, only a handful of people in the forum would post confidently that their expectations for Bitcoin would be to reach six digits. Many of the other users, although maybe they believed or hoped that it could happen, would never let everyone know what they were thinking probably because they didn't want to sound and look stupid.
Let's go further, in mid-2017 the price was around $1000-1500 and who would have thought the bitcoin would pass 20K in the next few months, so that is how an investment works and that is why few people become rich and most of others end up living an average life. Now we have an opportunity to become one among the few with bitcoin and still the choice is ours.
The thing is that what gives people money or make people to get rich unexpected is risk, for investment you need to cross your mind and invest in bitcoin if you have the passion to invest in bitcoin, because onces you have summons such courage to take risk it will definitely land you to profit, so people doesn't invest to take risk that is involve in bitcoin but they only invest because of what they heard of bitcoin.
Investing in Bitcoin doesn't necessarily means that you gonna make profits or you're gonna be rich all the time but because Bitcoin is an asset with high volatility and have the potentials to conquer all other coin that's why it is worth investing and taking a risk on, so those who invest in Bitcoin should be optimistic about what it's future holds.
It's very clear that investment of Bitcoin can be against the investors and can also make you rich and that is while an investor is an entrepreneurs and any entrepreneurs is ready to take the risk and if it's favourable for the investor it will take the way it seems it, so those people who invested in bitcoin long time ago doesn't know that bitcoin price will skyrocket to this level now, so bitcoin investment is something that have to do with risk and when we panic during the investment especially when the price is depreciating it might leads us in losing.
Investing on Bitcoin shouldn't only give you the idea that you're gonna be rich although that's the objective of most Bitcoin investors but let all your mindset not be too geared towards only getting you rich should in case it doesn't work as planned but let it be that you investing on Bitcoin is also a part of acquiring it for the future because part of our priority for investing on Bitcoin is to acquire as much Bitcoin as possible in other for it to terminate our over dependency on fiat and become our medium of exchange in a decentralized nature.
There is also a possibility that the rich investor who has the money to invest at once and don't bother investing for the next 20 years can still has more Bitcoin in his portfolio than the poor investor who is invest 20 dollars every week. If a rich investor spend $500k and buy Bitcoin at once, someone buying at $20 every week for 20 years won't have same holding as that of the Rich man. Yes consistency in accumulating is good if you have the time and money. Also buying at once and don't bother buying again is also good. What matters is the size of Bitcoin you bought at once and your holding duration and the target you want to achieve.
Inasmuch as Bitcoin is a volatile asset, investing on Bitcoin with a fixed amount without having to invest again may not really be a nice idea because it may be difficult to accumulate as many as possible but buying consistently can also give an edge to accumulate as many as you can be able to afford if you DCA and moreover if one continues buying consistently you can even surpass someone that bought at a fixed price and never cared to buy again. Most times, buying at regular intervals helps to keep your holdings updated rather than stagnating it at a fixed price for a long interval of time.