You enter or get involved with Bitcoin at a price of 40K-45K if I'm not mistaken it will happen in 2022 around March or April and if you buy Bitcoin at that price then you have already made a profit of 2x the price.
And that means you have only been running it for 3 years because we are almost approaching 2025 and that is enough time for you to know that Bitcoin really provides extraordinary benefits in the long term and that will be your motivation to continue holding and also continue to collect more Bitcoin by doing DCA so that you can get much greater profits in the future and that is truly an extraordinary beauty that must be utilized to the fullest.
No it's not 2022, it should be 2023 after the FTX bankruptcy
Around 2022, Bitcoin closed around $16K qnd $17K.
It was during the year 2023 we saw a bounce back better than the price of 2022.
Well you can't really tell his profit maybe he had been engaging in DCA ever since that would increase the returns and also increase the average price bought.
Edited. .
All investments have their risks and holding Bitcoin long term helps spread the risk across
Making it quite negligible.
Besides isn't quite volatile like many insinuate
There are S&P 500 index that are way volatile than Bitcoin.