Post
Topic
Board Speculation
Re: Road to 100k?
by
Ruttoshi
on 17/09/2024, 17:15:44 UTC
Bitcoin is currently valued at a little over $57,000. A few months ago we observed that Bitcoin was at $65,000. However, Bitcoin's stability is much stronger today than it has been in the past few years. The time ahead is expected to see Bitcoin's new ATH take place and Bitcoin will reach the peak of the bull market and we can expect Bitcoin to reach $100k by 2025. Because we can see that nowadays the popularity of crypto currency is increasing day by day and people are getting into it. I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.

The price of bitcoin will definitely increase but as it increases you can participate in bitcoin investment. Because if you don't participate in Bitcoin investment, you will not get any benefit if the price of Bitcoin goes up or down. So since you are new then surely you can participate in bitcoin investment and use DCA method in it. If you hold Bitcoin for a long time with DCA method you will be ready to get more benefits, only DCA method is quite useful for both new investors and old investors. Low risk and high profit is possible only through Bitcoin investment, so you should follow DCA method in Bitcoin to keep you investing in Bitcoin and keep it for long time.

DCA method in accumulating bitcoin is very good for new investors who just started their bitcoin investment journey because it will make them to be able to buy bitcoin continuously every week or month and increase their bitcoin stash little by little for a very long period of time to enable that have a good size of bitcoin in their possession.

However, it is good for an investor to be able to tweak into various accumulation methods from time to time based on the condition of the market at that time. A new investor who DCA is ongoing and have extra cash he is not expecting and can do without can lump sum with the money immediately to increase his bitcoin size faster. Also if that investor have made his reserve funds available, he can buy bitcoin with it when the price of bitcoin dips.

The most important thing is that you are accumulating and increasing your bitcoin portfolio overtime and not being stagnant because you are using a method that will not make your investment grow faster.