Quote from: Rustam Meraj on Today at 05:39:04 AM

Quote from: Tmoonz on February 12, 2025, 12:48:09 PM

You can't keep comparing the price of Bitcoin when it started in the past and where it is now and generalizing it to be expensive, but rather you should be more focused on the price you are seeing now and where it can be tomorrow, please shave off this mindset of yours and think more about what Bitcoin can do for you in the future, the same mindset you have is exactly what made some people missed utilizing the opportunity of having Bitcoin when it was as low as $4, as am typing Bitcoin is at $96k,

May we not make the same mistake others made in the pass, the flexibility of using the DCA strategy has made it very easy for each and every one of us to have Bitcoin by buying either on weekly or monthly within our discretionary income, I believe we are all here to learn from each and of course I don't mean to be rude in any way.

I really like your thoughts about Bitcoin value. You are right we should not just look at how much it cost in past and think it is too expensive now. Instead of this we should think about what it is worth today and what it might be worth tomorrow. This helps us see that it could be good investment. You also reminded us that some people missed out on buying Bitcoin when it was cheaper and we should not make same mistake. Way we can buy Bitcoin little at time called Dollar Cost Averaging makes it easier for anyone to invest. I appreciate how you are trying to help us learn and how respectfully you are sharing your thoughts.

In the past, the price of Bitcoin was low, let's say 5 years ago, that is, in 2020, at that time the price of Bitcoin was around $10K. At that time, investors thought that the price of Bitcoin was too high "$10K!", it might not pump anymore, so they did not invest, now Bitcoin has made a milestone of $100K, and those investors are thinking, "Gosh, why didn't I buy Bitcoin at $10K in 2020", and they are also thinking, Bitcoin is now $100K, it is too high, it might not increase anymore, so they are not investing now, and in this way they are making the same mistake as in 2020.
And just as, for they not invested at $10K, thats why they not getting a profit of $100K at the moment, and they Regreting. similarly, In the future, they will regret, for not investing in this $100K, after it becomes $1M.
Bitcoin has crossed the $100K milestone, does that mean Bitcoin will not grow anymore? This is just the beginning, it will pump more in the future, which you can't even imagine. In the future, it will cross $1M, and will continue to grow. So if you want to invest, don't think about the price, and invest now. "it's already a lot of valuable" Avoid such thoughts, Because it will continue to grow.