I would suggest that BTC has been in an upward trend since late 2022, and sure maybe we were a bit uncertain in early 2023 and a few other points in 2023 if we might end up revisiting the lows of 2022.. but in the end the trend remained upward, and has been ever siince, even thogh there have been a few decently sized corrections along the way.. and even this latest one in 2024 was nearly 20% from $49k to $41.5k-ish.
In 2023, Bitcoin has given many good things to every investor. Before 2023, the market was very bearish for a long time. Where the Bitcoin market is now very close to touching $50K, before 2023 the Bitcoin market dropped to $14K. When Bitcoin fell to $14K investors thought that the market might go down further but there are some investors of a different mindset who invested more at that time even though they already had their own investments. Since the Bitcoin market dropped to $14K but the market has gradually started to move upwards which we can see the full results from late 2022 to 2023 complete and till now.
From 2023 until now, the market is not only saying that it has gone up, but it has decreased a little, but then the market has gone up twice as much. This is how the Bitcoin market has come to this state step by step.
Till 2022 I didn't see much good in my investment but since 2023 till now my investment has made good profit and I am satisfied with the amount of profit so far. 2023 satisfied me but I am expecting better things in 2024. Looking at the positive movement of the market, I feel that 2023 will be a better year for investors than 2024.
I am holding on to old investments and increasing my investments in the new year in anticipation of something new. I have invested in Bitcoin in several stages since mid-2023 until now. When I invested in Bitcoin in Phase 2 after holding Bitcoin for a long time in 2023 at $28K in 2023, I still invested and never for once felt that this investment was becoming too risky for me.
After investing $28K the market went up again and I invested $32K again so the bitcoin market went up gradually and I increased my investment step by step. Whatever the price of Bitcoin in February I will invest in Bitcoin in one more step and hopefully with the remaining amount I can continue my investment step by step.