So that mean if someone don't want to lose their money, they just need to buy and hodl which will be safe for them. Trading is difficult if they don't have skill so they must realize that trading is good or bad for them so they can decide to choose the right for them. Bitcoin investment will be a good choice for them to have many Bitcoin, start from small amount of satoshis and continue buy using DCA and keep buying if the price is down because that will be a good time to add more Bitcoin to their wallet. Yes, using DCA help them to buy Bitcoin in the right time, no matter what the situation and condition in the market. They just concern with the time to buy Bitcoin and buy it while the time come.
In my opinion, now is a good time to buy bitcoin, because currently the price of bitcoin is still relatively cheap. So buying now is the right thing to do, because in a decade or even half a decade the price of bitcoin will definitely be much more expensive than now. So in this phase I think we don't need to think about the price if we are going to buy bitcoin, because we have to look at the future that is further away that the price of bitcoin will definitely be much more expensive than now. So whether it uses the DCA or Lump sum strategy, I think buying bitcoin as soon as possible is the right thing to do if you have discretionary income. Because if you wait for the price to drop first to buy bitcoin, I think that is a less than ideal strategy, especially for beginners who are just starting out. So the point is to take advantage of the current time to start investing in bitcoin, because now is the right momentum to buy bitcoin.
Not actually cheapest but somehow its still good to enter knowing the potential of Bitcoin is really great. We already see those good snapshot of possible big adoption will come unto it and we see that demand continue to rise due to those Bitcoin reserves announcement also more big companies taking their shares to invest on Bitcoin.
Not only that Bitcoin became more famous globally so with those positive things already happened at this point it already give us some ideas that Bitcoin price would potentially grow more in future.
We provably know what will be the future figures to come with Bitcoin in future, but we can say that chances to earn is high especially that those efforts made by government to adopt Bitcoin would generate more demands.
I'm not saying the cheapest, but I'm saying that currently bitcoin is still relatively cheap when compared to its price in the next 10 years. Because as you said that bitcoin is a very potential investment asset and has a very bright future. Even some countries have glanced at bitcoin with the aim of investing in it. So with this, you can imagine how much bitcoin will be in the future if, for example, many countries and people have invested in bitcoin. In addition, bitcoin has a limited supply of only 21 million, and the long mining time makes bitcoin a very limited investment asset. So with this, it is clear that in the next 10 years, the price of bitcoin will most likely be much more expensive than it is now. That's why I said that the current price of bitcoin is still relatively cheap. Because in the future bitcoin could potentially have a price 10 times more expensive than its current price. That's why starting to invest in bitcoin now is the right thing to do.