so looking at it very well you notice that bitcoin price may rise above 70k or fall below 50k, say I said that is because the price is unpredictable
It is not completely unpredictable. It has mostly been going up since 2010 (when it first got a price), and yeah there have been periods of down, but you will must consider that the trajectory has mostly been up, which justifies considering getting some in case it catches on, and then once you get some just continue to buy it... . there is no reason to believe that it has stopped in its overall trajectory to go up, even if there are likely going to continue to be various corrections (and volatility) along the way.
Perfectly said @JayJuanGee because looking at the way Bitcoin price is moving I think is really good for one to Accumulate more Bitcoin in our portfolio because just as you have said earlier if we check since that time till today will would notice that you are right, because even as at yesterday Bitcoin price $56 but just this night the price have increase to $63 and if we check it now any one who buy Bitcoin as at yesterday that the price was DIP you we see that you have make small profit today that price is up, and I still have strong feeling that Bitcoin will go more higher in the future.
I doubt that we should be measuring our BTC investment in short time frames, and surely if we measure in 4 year or longer time frames, then we likely are going to be doing quite well, even right now.
I guest he doesn't know the time frame he should have use to describe how volatile bitcoin would be. Parhaps he just have a short sightedness on Bitcoin. and according to his explanation the discripancy is indirectly pointing on trading even though he didn't explain all what he meant.
@cityhunter34 When talking about Investment your goal should be a long cited goal not a mear change in price within 24hours. Bitcoin volatility is beyond few hours change in price. Your goal should be a long time plan of 4-10 years minimum and 20-30 years maximum. by then you may have reach your exit time. When you may have accumulated alot and may need less of accumulating rather taking out %10 of your investment. So don't focus on a short time. Always make sure you have a discretionary income that will help you way up, to keep you up to date by constantly buying weekly through DCA strategy. That will keep you out from selling your holdings or ripping off your investment premature. Because not having a discretionary income will slow your investment plan down, just like someone going to war without a weapon.
Checking From your analysis, I see a slight difference in price from the first and second. The first person who did his DCA at the beginning or early 2021 peak and late october 2021 peak, there is a slight different. Showing that time intervals of investment really matters to every investor. If the investor who invested at the late october peak 2021 baught when the first person baugh he could also have made him self alot of profit but now you can see there different clearly $17500 and $13600. Those are two different figures. It is important to buy btc at early stage than allowing it to increase to an extent people become confused of not knowing when to buy expecially the confused investors. The more people but BTC when it is low in price theore we have accumulation power of having more bitcoin in our possession which implies that in the future the amount you have will keep on multiplying in your portfolio. Let's say some baught like 10 bitcoin when it was like $1k each at a total of $10k by now his rate of accumulating will reduce because he has taken advantage of Bitcoin low price. By now surely the person may be in harvest time depending on his time program of selling.