Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Ryu_Ar1
on 18/03/2025, 20:09:06 UTC
DCA works well for Bitcoin, but this strategy can be approached in different ways, there are those who buy constantly regardless of the price and the market situation (as Sailor does), but there is another approach, when they buy, for example, only on corrections, or only on a bear market (which lasts for several years). I am one of those who do not buy on a bull run, you see, recently the price was 109k and now Bitcoin has corrected by 82k, this is a big difference, and this is one of the reasons why I do not buy on highs.
I wouldn't say that what Saylor is doing is bad right now because after all he is a maximalist but in the end in this context we (I personally) are not Saylor who has abundant money and unstoppable wealth so in the end you need another approach by not being ambitious or being a maximalist but still being able to be in bitcoin in our own way. For those who have a lot of money like Saylor, it might be easy to buy bitcoin anywhere and anytime or maybe like El Savador who buys 1 bitcoin every day but for the income of workers who only rely on monthly salaries, it must be in good money management so that it can be set aside in the end, concepts like this will be an aggressive step taken so I think in this case we must understand our own finances before imitating those who are more capable.

So from that we only have to focus on ourselves in the sense that we know the income and expenses we have so that we can stay in bitcoin without feeling difficulties due to uncontrolled financial management errors due to investments made. Making investments, especially in bitcoin, is still very good but in this case we must pay attention to the finances we have so that we are not too slow or even too aggressive in making purchases because of the slightest mistake, what we are aiming for in the future may not end with optimal results. We don't need to look at other people or people who can cultivate bitcoin bigger than us to be a benchmark because even though it's good but in the end instead of burdening ourselves then focus on what we can afford because all will get the same share according to their portion.
It is good to accumulate a lot of bitcoins but instead of burdening yourself with uncontrolled purchases, just buy what we can buy so that what we do in investment can run well on the other hand our finances for daily life as well as to achieve the future we can still overcome.