Seeing the current price of bitcoin, make me to feel regret for not investing in bitcoin when the price was $40k last two years, some of my friends that took the risk to invest small amount of funds in bitcoin when the price increased to $50k despite people were expecting bull season in that period, they bought bitcoin and hold until the price touched higher before they released for sale, and they were lucky to make a reasonable income when the price touched $100k, but they were deeply regret for not using huge amount of funds to invest in bitcoin, i no there are some people in this community that had such experience for not investing in bitcoin earlier. I don't think, I will miss the next bear season because I no there will be bear season after this bull season.
@op My situation is the same as yours. I heard about Bitcoin in early 2023. But I didn't have the courage to invest in the new situation. But to be honest, when I saw Bitcoin, everyone told me about it and regretted it. Because at that time the price was only 29 thousand. At that time, experts advised me to invest for a long time. But I didn't start investing like a fool. Later, when the market started to grow. That's when I realized what I had lost.
I learned from my own experience that good times don't come often in people's lives and when they come, 80% of people don't understand. And people's regrets about the price of Bitcoin will last forever. In the future, new people will come and say one day that I saw the market at 107 thousand. Regrets If I had started investing then, maybe I could have gotten good returns today. So in my opinion, there is no point in wasting time regretting. Start investing small amounts and continue investing for the long term.
Change your investment amount based on market conditions and your financial situation.Moreover, we all know that there is no specific time to invest in Bitcoin. If you wait for time, you will fall further behind. Because no one can say when the market price of Bitcoin will decrease or increase. Maybe today the Bitcoin bull market may start and tomorrow the Bitcoin bear market may start. Again, at the same time, the Bitcoin bull market has been going on for a long time. Again, a bear market can also go on for a long time. So none of us know when it will happen.
To get rid of this problem, we need to use the DCA method. If you use the DCA method, you can keep your Bitcoin investment going even in the 110k market. Again, you can keep your investment going even in the 80k market. So start investing by adopting a proper investment method as soon as possible.