Well if we use your forum registration date, then maybe we could attempt to approximate where you could have had been right now if you had pursued an aggressive bitcoin investment strategy, including DCA buying.
Let's say for example you have had an income of around $30k per year for the past 7 years, and you started investing into bitcoin right around the time of your forum registration date, and let's say that you invested fairly aggressively around $100 per week, which would have had been right around 17% of your income. So
you would have had invested right around $34.5k and you would have had accumulated about 2.31 BTC. Surely not a bad place to be.
An assumption that is almost close and I really enjoy it until now. Whatever the condition, I also as a member of the forum until now really appreciate any opinions and input especially from our seniors who have been here for a long time and including you too Mr. JayJuanGee. Thank you
It is not just about appreciating people for what they have done for you. There is this person I use to know, whenever he gives you something tangible, he will be expecting you to double or increase that which he gave to you and if you went to see him to show gratitude or thank him, he will first ask you what you have achieved so far with what he has given you and if you didn't show a concrete thing of what you used the thing for, he will not accept your gratitude, he will ask you to leave because what he gave you was a waste. Just like you are appreciating people here for what they have shared with you ( Bitcoin knowledge) and then it happens that you didn't even practice what you have learnt so far, the appreciation will be useless because you didn't utilize what you heard.
I do get your point that actions speak louder than words, and even sometimes we might have some members who are describing their situation in such a way that we get some sense that they are acting upon the knowledge that they are gaining by participating in this forum.
We can also pass the knowledge forward to other members or even to real world (or non-forum contexts), since several of of the members of the forum are not necessarily expecting any kind of monetary reward for any help that we might give (or the information that we share), and surely there may well be a presumption that those who are seeming to give free knowledge might have received free knowledge in the past and/or even might be ongoingly continuing to receive rewards and/or non-monetary benefits from participating in the forum and sharing knowledge about bitcoin and/or in the case of some of these thread investment and cashflow management kinds of discussions and sharing of information.
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The funny thing is that the recent price is still early for long term investment, and the market literally create a lot of dip before this recent ATH . But still a lot folks didn’t grasp the opportunity to be aggressive then rather they where waiting for more dip and they end up missing out , now bitcoin around the range of $110k.
Though bitcoin will continue to do correction but there’s certain price it won’t fall back again so better you take abt opportunity you have now .
You make a decently good point, and that is both that bitcoin will continue to dip from time to time, and sometimes we cannot know that we are in an opportunity for buying that is not necessarily ever going to come back again.
Another thing is that even though we know that there are going to be dips in the future, we cannot even know if the dips in the future will be low as our current price.
The whole last 3 years really can serve as a demonstration that guys would have had been better off to just be ongoingly buying as best as they could have had done in the past 3 years, and sure, maybe they still would not have had gotten enough bitcoin, yet they would likely be in a much better position as compared with the guys who had been waiting around for dips that may or may not happened and even identifying dips and buying rather than continuing to wait for more dips that might not end up happening.