Quote from: SOKO-DEKE on Today at 10:55:12 AM

Quote from: Futurexxx on December 25, 2024, 05:46:45 PM

The actual fact is that Bitcoin is on the rise, and at 100k mark, it's very cheap comparing to how much it might get up to in the future

That is the fact: some people believe the Bitcoin price is high at its current range of $90k to $100k. However, it may be better to start accumulating at this price, especially by using the DCA . This approach allows someone to buy Bitcoin at different levels over time.

The future of Bitcoin looks promising. Many people now regret not accumulating Bitcoin when its price was still at $20k. They thought the price was high and opted to invest in alternative coins instead. Unfortunately, many of those alternative projects have either failed or remain significantly lower in value compared to Bitcoin. Meanwhile, Bitcoin’s price has continued to rise, leaving those who hesitated wishing they had taken action earlier.

The reality is that we, as humans, are often afraid to take the right steps. When Bitcoin was priced below $50k, some people still thought it was too expensive, and in hopes of higher profits, they invested in alternative coins instead. But within just a few months, Bitcoin has nearly doubled in value. Meanwhile, the alternative coins they invested in are still far below their initial value.

If you had planned for Bitcoin with a long-term strategy instead of a short-term one, you probably wouldn't have considered investing in alternative coins. Even now, many people have the misconception that "Bitcoin is too expensive, and buying it at this price could result in a loss," which is why they end up regretting their decisions. But in the future, the current price may look very low, just as we have seen in the past.

While Bitcoin may appear volatile in the short term, its volatility doesn't negatively affect your investment in the long run. The significant gap between its current price and its potential future value prevents Bitcoin's volatility from having a major impact over the long term. We should focus less on the current price of Bitcoin and instead focus on buying it, getting accustomed to a long-term investment strategy.