There have been quite a few guys who came to the forum in the past 2-3 years, and those who seriously got started into buying as much BTC as they could would have had done much better than those guys who sat around waiting, or thinking about BTC while failing/refusing to take action to get started in their regularly buying of BTC.
It is not easy to buy as the BTC price is going up, yet guys who started buying BTC 3 years ago would have experienced both the downward price movements of 2022 and also the low period of late 2022, and then pretty much ever since late 2022, the BTC price has been going up..
Yeah, we have a bit of a correction right now from our $109k January top, yet guys who had been continuing to buy through the whole period seem to be creating a decently good starting bitcoin base for themselves. Even the guy who started investing around
$100 per week over the past 3 years would have had invested close to $16k, yet he would also have close to 0.5 BTC, which surely guys are going to be happy to have had been able to make such BTC accumulation progress based on their budget.. and yeah some guys can invest more than others in terms of the quantity of their discretionary income and even if from time to time, they might also come across extra cash that they are able to put into bitcoin and to help them in their BTC accumulation progress.
Investors who come late are usually more focused on accumulating Bitcoin compared to early investors who already feel doubtful because of the high price. Such thoughts are often in the minds of old investors because they have the opportunity to buy at a price of $10k, $30k but they postpone it.
Now when the price has reached $100k, of course old investors have the thought of waiting, of course that is a big mistake.
In fact, if they had a mindset, the DCA strategy is quite good to apply because they will continue to accumulate bitcoin until their target is achieved. Having a strong desire to invest but not having the courage to enter will end in uncertainty. Which in the end whoever continues to buy and hold is the one who will succeed later.