In conclusion, DCA method of accumulating bitcoin solves this problem people think of over pricing and I will not have to tag those who bought bitcoin early as been lucky because they took risk and their risk paid off and that shouldn’t be classified as luck.
There might be several reasons why people miss out of bitcoin regardless of the market price and just as it is difficult for an average person to raise $85k to buy one bitcoin, so it was back then even when bitcoin was $1k and even below and that alone makes not not to judge anyone but rather encourage people to buy and hold for much more longer time.
Knowledge they said is power , even uptill now there are people with wrong mindset who feels that the price of bitcoin is too high for them to start accumulating bitcoin because they believe bitcoin can be purchased in a whole and not in fractions or stash however those with good understanding of bitcoin knows that it is possible to transact with bitcoin in fractions and since bitcoin can be accumulated in fractions it makes it possible for wide range of investors to have access to it.so it is possible for low income earner to accumulate bitcoin so long as the discretionary income is there ,the main focus should be on continuous accumulation of bitcoin to have a reasonable amount of stash in his portfolio
These people have failed to appreciate DCA and the opportunity it presents to them to invest on a slow and steady, efficient and effective means, thereby accumulating bitcoin with minimal pressure and having maximum output as long as there is consistency and commitment.
I would also mention that some of them aren't actually ignorant of DCA, but are busy waiting for a dip that isn't obtainable as at now, some have been speculating on buying bitcoin for a long time and watched the prices go up so high without being actionable and starting their accumulation journey which made them miss out on it when it was much cheaper and now have arrived at a state of bitterness and decision fatigue which made them still reluctant to start accumulating it. They would still miss out on these good prices of today and keep regretting their inaction for a long time if bitcoin price continues to go up.
Bitcoin gives everybody and equal opportunity to investment by accumulating it according to your strength and with the presence of discretionary income unlike some other investment opportunities have benchmark on entry amount and only open to those of a certain financial status. Bitcoin is inclusive of everyone and as well investors should strive to grab as much bitcoin as possible, while building their backup funds to guard it, plan for a long-term holding period so they can stand a chance on securing their financial future with bitcoin.
Those who wait for the fall can never do anything good. Because when the market price is high, they wait for the market to fall. And when the market falls, they think that the market may never recover. They are afraid of even small market drops. They do not have complete faith in Bitcoin. In terms of investment, you do not have to worry about the market price. Whatever the price of Bitcoin is, you just keep buying your Bitcoin until you reach your target. Keep buying until you can accumulate enough Bitcoin in your portfolio. And can you continue buying weekly or monthly using the DCA method. And should you try to keep your investment period between 2 and 3 circles?