Overall 2023 was a good year for bitcoin and bitcoiners.
YES.. Overall it's the
best price to buy.
I will continue accumulating bitcoin with DCA, this is one way to accumulate bitcoin slowly, when I can't afford an aggressive level then even a low level is still good, but if I can afford an aggressive level then it will be better, well it depends on cash flow and how our spending will adjust.
If you look at the 1 year chart, the increase is already 100%, but for me this is not much and I will continue to HODL as long as I can afford to buy at whatever price.
I don't know why so many members suggest that they are agreeing with me and then substituting their idea of best for 2023 from my idea of good... and the original topic was more about whether 2024 would be better than 2023, and sure there can be a lot of reasons why 2023 was good for bitcoin and bitcoiners, and is there any need to say it was the best, unless merely comparing 2022 with 2023, so that would be a pretty short timeline, even though we also might say that 2021 was good for bitcoin and bitcoiners, but not even sure if it could be described as "the best" either, unless we merely want to suggest that BTC just keeps moving along, and even though 2017 and 2013 were better price performance years than 2021, there still likely is some value in merely having bitcoin lasting longer and longer, so by that standard, any dates that are further into the future would by definition be better than dates farther back into the past.
I think 2023 is just the most recent and the year in review that's why everyone is just talking about 2023 and their experiences they had. You know most times human tends to remember the most recent event that just happened. Although 2023 is going to be among the years that Bitcoin really performed very well if we are to review the years that Bitcoin really performed very well.
I have no problem with the idea of recentcy bias, yet maybe part of the issue is that so many members who either got into bitcoin in 2023 or maybe 2022 at the earliest are going to ONLY have two years of experience in bitcoin.
There is another kind of bias that many of us have, and that is that the time that we have been in bitcoin is going to be much more important and memorable than trying to extract data from time that would have predated our involvement in bitcoin, so we would ONLY be able to look at graphs and see what people were saying about bitcoin during the times that we were not in bitcoin, and I have no problems with that either..
I will repeat one more point which is that I said that 2023 was a good year.. just to make it clear.. but then those responding to me were saying with me that 2023 was the best.. and so maybe another part that bothers me is how could someone be agreeing with me about 2023 being the best when I did not say that, but then they seem to imply that I said it by saying that they agree with me. Sure, maybe I am just nit-picking, but still shouldn't members make some efforts to not misstate what another member says.. especially basic ideas... Last time I checked, there is a difference between the meaning of "good" and "the best."
Otherwise, I stand by my earlier comments.. and maybe also point out further that it just is a poor choice of words to be describing 2023 as "the best" of years, even if there were a lot of good things that ended up happening in relation to bitcoin in 2023.. yet at the same time, there are a lot of years like that... a lot of good years, and some bad years and some interesting developments during every year in bitcoin's history.. and whether you see matters as being good, bad, or pivotal in rergards to bitcoin's development or its price performance, it just might depend upon which part of the elephant that any of us seemingly blind folks are analyzing.
By the way, I just remembered that 2023 was the year of ordinals/inscriptions coming to bitcoin in a kind of BIG way.. at least the early stages of them coming to bitcoin, and so a lot of drama in regards to various happenings around ordinals/inscriptions in 2023... including a lot of high fees in the last part of the year... but still and so far has not broken bitcoin, and at the same time ordinals/inscriptions could be determined to either be good or bad, and I am not even wanting to take a position either way, since I prefer to try to read the "is" versus getting too far into the "ought" especially for matters that are not really within my own ability to control, so focusing on what I can control would be whether I hold bitcoin or not or whether I attempt to transact in it, and if there might have been some period that I want to transact, but the fees were different than I expected, then I might have to reconsider what might be my various options based on what is actually available to me rather than what I wished were to be available.