Bitcoin is a promising investment, steady investment using DCA will guarantee a better lifestyle away from your bitcoin wallet and prepare one for the benefits that will come with bitcoin in the future.
Really you are right?
The way you make various comments about Bitcoin, it seems that Bitcoin is not the only coin that guarantees a good life. I don't understand how investing in Bitcoin guarantees a good life. Many people are more interested in investing in gold instead of investing in Bitcoin. It is seen that if you can invest in gold, you can be the safest and worry-free. But the Bitcoin market is unstable, why did you say it so beautifully? Is it possible? However, the way the Bitcoin market is moving will take a long time to create a good position.
as much as I will love to say that Bitcoin is not the coin that guarantees good life but I will also like to inform you that Bitcoin is way better and safe than those other coins you guy think can also give good life which I don't think is certain or for sure even if you hold them for years, any coin aside Bitcoin is not certain because you don't know the possibility of it going up and in the cause of investing in then you can easily lose your money. And where do you get the information that many people are interested in investing in gold?
However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.
For me I would like to say for now Bitcoin is the only stable coin that can give you good life, except you don't know what to do, you said it does not guarantee you good life, take El Salvador for example, which it has helped the nation reduced it debts that is for the country, what about the individuals that accept Bitcoin has it not given them good life, which other coin do you want that is to guarantee your good life.
Gold can't be compared with Bitcoin because it has be there since inception, while Bitcoin was launched 2009 but i bet you,if Bitcoin has been available since the time of gold ,it's price would have gone beyond gold by now and you would have preferred Bitcoin than any other coin or gold in the world.
Bitcoin is notva stable coin because it's volatile in nature. This is why you see that thw price of bitcoin fluctuates. Bitcoin is currently $103k+, last week the price was within 93k+. Before bitcoin dipped to $92k+...the price has already reached a new ATH of $108k+. All these price movement shows that bitcoin is volatile in nature without a stable price. Currently, because we are still in the bull run, we are expecting a higher price of $150k and above as the peak price of the bull run.