Success is not measured from the start of the investment you make, but it will come by itself without you realizing it at some point in the future.So start building your Portfolio with Bitcoin and deploy your money in several phases to maintain the opportunity to buy aggressively when the price drops. I'm also happy and the reason is because BTC has almost reached a new ATH. For this reason, a journey that requires a lot of patience will bear fruit in the future and it all belongs to those who are able to Holding it in the long term.
The earlier you invest, the more likely it is for you to buy at a low price. Imagine an early bitcoin investor or someone who bought at $16k in 2022, I'm sure they would have gotten 4x returns if they were really able to manage their psychology when the market fluctuated highly. Of course it is true that patience is the key to success in investing, but patience alone is not enough. You need to be able to build an investment portfolio well and adjust it when things don't go according to plan, so patience alone is never enough in investing.
During late 2022 bitcoin experience a dip in price around $15k . And I had the chance to buy back then when the price was still low, guess what I didn't. Till now still regretting that shit , I guess was because I didn't have proper knowledge concerning bitcoin and investing in it , may be now I would have gotten some good stash of bitcoin in my portfolio now .
Boss! You have given your answer and I want to some opinion that-
It would be frustrated if missing out an opportunity about buying BTC at a lower prices and regrets in financial decision. some of the people might be panic if they selling right now, but now the right time to start full-fill your wallet and build up your portfolio for buying BTC. I might be believe this is the right time to continue to DCA the line, HOLD and believing the rewarded history and you will be reward in coming future.
Yeah missing some good opportunity expecially In this space (bitcoin) can be damn frustrating, so inorder for you not to feel such way start your bitcoin accummulation is a good head start. Aslong you using the DCA strategies to accumulate some quantity of bitcoin (for long-term investment) irrespective of the amount you using to purchase it, now is still early for you to start your accumulation because soon you may no longer see bitcoin in 5 digit but in 6 digit. Don't forget your DCAing can be weekly or monthly depending on your financial capability.
Taking profit from your investment is good, and actually suggested so you can re-invest those profits into another asset. BUT in a new asset class such Bitcoin, I would discourage anyone from taking profit in any price under six digits. Why? Because we haven't truly seen its real value financially, and its REAL value socially and politically.
There were people warning us that Legacy Finance is coming, and they came. I believe there will be some people that will warn us that the Government is coming, not to ban Bitcoin but to BUY, and they will come. Russia is probably buying Bitcoin right now.
Exactly this actually nice. In bitcoin taking profit in such time in Bitcoin, won't be smart at all, mostly those that are planning to sell all their bitcoin because of the recent growth in price. Just as you said bitcoin still have alot of growth potential in it and hitting $100k+ is just the beginning, bitcoin is going to surge higher and higher so panicky when holding Bitcoin is irrelevant (because is bitcoin we holding not some kind of random shit coin).