Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Who says it's too late to buy Bitcoin?
by
JayJuanGee
on 18/03/2025, 22:20:38 UTC
⭐ Merited by GbitG (1)
Alot of people fail to realize that they don't need to buy 1 bitcoin to start their bitcoin investment, the price for 1btc is so high for alot of people that it just scares them away, if they only knew that they can buy their money's worth of bitcoin, and overtime, it will accumulate to an outstanding value that will make all their initial doubts and fears fly into the wind like ash.
Bitcoin investment is simply one step at a time, no rush, just gradual increase until you get to your target amount.
For this reason, some people are not interested in investing in Bitcoin. Actually if you want to invest in bitcoin then you can buy bitcoin using DCA strategy according to your ability. If someone wants to invest in Bitcoin, they can buy Bitcoin with $20, $50, $100 per week. So don't be afraid to see that the price of Bitcoin has gone up. We should not focus on the past price, the price of Bitcoin was very low in the past. You missed the cheap prices of the past, so you should focus on the future. Because, the price of bitcoin will not stop here, hopefully in the future the price of bitcoin will be $1-2 million dollars, then it will think that the current price was cheap.
Well, if someone doesn't have the capacity to buy an Bitcoin. Then for sure they need to use DCA strategy instead of arguing about the price. Like Bitcoin price is so high, and I can't afford it, blah blah. because DCA is a strategy that can make a small amount into a big number.

I agree with your point that getting started is important, and the price should not matter in terms of the need to get started.

Even though bitcoin remains amongst the best, if not the best asymmetric bet available, we are still not guaranteed profits, even if we invest 10-15 years or longer, and surely I doubt that profits 11 years into the future would be the same percentages as the profits that were achieved in the past 11 years.

Like now, those who invested $100 by doing weekly DCA from 2014 till now. Then the return is this figure 👉 $213,467, with a profit from a $46,100 investment. So now if we look at it, this is 2.6 worth of Bitcoin.

I was a bit confused by your numbers GbitG.  If a person invested $100 per week since March 2014 until present, he would have had invested right around $58k, and then he would have accumulated about 44.63 BTC.    44.63 BTC would have a 200-WMA value of $2 million and a spot price value of $3.75 million.  So surely a guy investing $100 per week for the past 11 years would have had ended up doing quite well in his bitcoin investment.

So it means to say that DCA is the only best strategy that can return a low amount into a high amount. like if you invest in a consistent way, then surely you can easily make an Bitcoin.

So Guys let do DCA and grab a Bitcoin if you can't afford the worth of an Bitcoin in investment.

You still seem to be suggesting that the return on investment when investing into bitcoin is guaranteed when it is not.  Yeah, of course, I recommend buying bitcoin consistently, persistently, regularly and even aggressively, and DCA is amongst the best of methods to get started and to be able to tailor the weekly investment amount towards the persons own budgetary and psychological circumstances, yet each of us has to figure out our own balance in regards to how much bitcoin we are going to be ready, willing and/or able to buy as compared with any other place that we might invest our time, energies and value.