Why is the emphasis on risk? I have followed the discussion here and the focus is long term investment which is believe to be a low risk method. But your submission that has risk as the denominator is not definite and your opinion seem equivocal. What I'm saying is that for long term investment, the risk is minimal, hence risk should not be a factor of consideration during the buying process. It is expected that before even getting started, one would have decided that:
1. the investment is for long term
2. funds allocated to Bitcoin will not affect basic needs. Meaning that it can be kept in Bitcoin for as long as necessary without the need for panic sell
So long as the above are in well taken care of, the risk that many associate with Bitcoin are minimal. Ever since I started using the DCA method, I no longer worry about the risk that was ingrained in my head when I first started. I'm totally at peace and passionately adding to my portfolio base on my plans.
I started investing about a year ago, and the DCA method of investing has made me successful. But I didn't see this success in the beginning, I can see the success now because the price of bitcoin is also increasing and I continued my regular DCA method now my bitcoin portfolio is very big. Full credit to the DCA method, my future bitcoins would not have been invested if I had not adopted the DCA method. When Bitcoin was 22k, I started taking investment risk in early 2023. But now I don't think of this risk as anything, the risk is now filled with joy.
Maybe you didn't see a success a year ago since bear market is happening at that time and we can see the price of bitcoin if not stable it drop drastically. And that is actually a perfect time to accumulate since we see a lot of lows and if we hold or do DCA strategy at current rate for sure a lot of people already earn their profits for accumulating when bitcoin is in bad shape. Now its really good to continue to do DCA since we still have more to come since market still have huge potential for another pump. Especially on halving season where we can assume that more great to come from so for sure those people will accumulate even at current rate will be lucky once bitcoin starting to get those big pumps. For now I'm thinking about load up my exchange wallet and try to find good position to take long and let see what will happen next if I can get a profit or we see a price correction.