Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Churchillvv
on 22/02/2025, 23:31:57 UTC
To me I don’t think it’s too late to buy bitcoin, simply because bitcoin is not yet at it ath yet. So someone can still buy an affordable bitcoin as it is.
ATH meaning all time high is a characteristics of the highest price points Bitcoin has achieved which is around $109k and it has nothing to do with your purchasing power since you can buy a fraction of it and not a whole Bitcoin making it much affordable especially with the idea and concept of DCA strategy that's is being talked about either weekly or monthly within your discretionary income. That is to say Bitcoin is still affordable to buy even at any given ATH because you are not buying the a whole Bitcoin, Bitcoin has already made several ATH But yet people are still buying.

If we are new to bitcoin and we are planning to invest into bitcoin rather than trying to trade it, then it can take us a decently long time to build up our  bitcoin position, which also depends on the newbies financial situation and his personal factors

An overwhelming majority of normies are not necessarily in a position to lump sum into their bitcoin position or to front load it, and surely there can be some benefits in regards to front loading and/or lump  summing into bitcoin, yet even those strategies are probably not as good as someone who is also able to supplement his building of his BTC position with ongoing  buying, through 4-10 years or more, depending on his finances.
Even though we might have guys who would prefer to front their bitcoin however it seems to me that probably few or little to none of us here might be able to front our bitcoin portfolio, most of the guys here are more of DCA folks including me and probably you too JJG i guess.

personally i love idea of front loading as it surely will reduce the stress of buying every now and then but again the capacity to purchase a bigger fraction of bitcoin is even more difficult but when guys buy consistently with their discretionary income it leaves them with little or no stress and even achieve buying at a cheaper price when bitcoin dips even its vice versa.