Quote from: Jewan420 on January 23, 2025, 06:40:14 PM

Quote from: Chain_Bennett on January 23, 2025, 10:21:26 AM

Some argue that bitcoin is too expensive now but i think it's more about the long term horizon. Just because it's not at the same low price as it once was doesn't mean it's too late to buy. Btc decentralized nature and its potential to become a hedge against inflation could continue driving demand for years to come making it worth considering even at its current price

The presence of the DCA strategy makes Bitcoin expensive, but it will not affect our investment. You do not need to calculate the value of Bitcoin for investment; if you consistently buy Bitcoin according to your ability with a specific dollar amount using the DCA strategy, there is no reason to worry about the price of Bitcoin. Forget about the price of Bitcoin and continue buying according to your ability. Due to price increases, you may end up getting less Bitcoin for the same amount, meaning your potential profit may decrease. Therefore, whenever you gain the ability to enter the market, do so without any delay. The expensive price today may be the cheaper price of tomorrow. If you keep thinking of Bitcoin as expensive and refrain from investing, Bitcoin will never be cheap for you.

The presence of DCA strategy does not make Bitcoin investment expensive but rather this method makes Bitcoin investment easier. However, while investing in this method, the price of Bitcoin in the market cannot affect the investor as he regularly buys Bitcoins with fixed amount of money. So when the price of bitcoin goes up and down, the amount of bitcoins he buys will decrease or increase.

Bitcoin can be purchased at any price if one can afford it, no matter how high the price of Bitcoin is. As you mentioned, today's expensive price may be tomorrow's cheap price. Bitcoin prices will never be stable, so once the price will be cheaper and at one time its price will be valuable. You don't have to purchase a Bitcoin to invest, no matter how expensive the price of Bitcoin. Those who think of Bitcoin are expensive and delayed investing, miss the most opportunities later.