I think people are being scared of buying bitcoin now probably they feel that the price of bitcoin is now expensive, I think it might be people who aren’t interested to invest bitcoin for a long term goal, who might be interested in quick profit in bitcoin, why should I feel that that the price of bitcoin is expensive when there is DCA for me to invest and continue accumulating constantly on weekly basis or monthly basis depending on when I have a discretionary income
Well is not their fault though many that does not understand Bitcoin potential will definitely feel such way not having interest and same time the price to high and stuff , most us here where once like them but thank God we where able to see the beauty of Bitcoin on time so that we can make good use of the opportunity. This is why advice or rather urge folks to always research more while accumulating Bitcoin it will strengthen them more and same time motivate them not to give up.
It's actually their fault if you consider all the facts, yes at some point in their lives they were not aware of bitcoin and the potential success they stand to gain from investing in it but then over time they learnt about bitcoin but are not refusing to invest because they don't think the price will get any higher than it already has believing any further investment to not be fruitful especially for new investors so for this reason they decide to not invest at all and when bitcoin eventually proves them wrong they usually start feeling bad but with every DIP they are like "I knew the price wasn't going to stay that high" it's definitely their fault for missing out on bitcoin, no investor should expect everything to be handed to them on a platter, progress takes time and effort, success in bitcoin investment doesn't come overnight, it takes patience and consistency for it to bloom and only those who waited with it will stand to gain at the end of the day.
Those who have not invested in Bitcoin in the past due to unknown or uncertainty. They are the ones who are not starting to invest yet under the pretext that the price of Bitcoin has increased and less Bitcoin is available for more money. This is their failure.Those who have been holding Bitcoin since 10 years ago, investing $20 or $30 a week regularly, now have more than 1 or 2 Bitcoin. They got hundreds of times more profit than their investment because they had been investing by following DCA from the beginning. But now if someone starts investing $200 or more every week regularly, it is still uncertain whether they will own a Bitcoin after ten years because the price of Bitcoin is currently very high and it will increase much more in the future. But It would be a completely negative thought to think that Bitcoin cannot be invested now with less money. In fact, what is more important than how much Bitcoin we will have in the future is how many times more profit we will get from our investment in the future if we hold it for a long time like 10 year.Let's say someone starts investing $50 per week in Bitcoin for 10 years and in the future, as their discretionary income increases, they may continue to increase their investment. And in 10 years, Bitcoin will probably be worth 10 to 15 times more than it is now, resulting in a profit option of about 5 to 8 times more than his total investment, I think. So we should focus on how early we can start investing in Bitcoin and plan for it over the long term. This is the chance of success for us.
So the important thing for us is how quickly we can start investing and how long we can continue it with DCA.This is the aspect of it all that glading my heart, and I choose to talk about this part because many folks keep procrastinating of investing in bitcoin long ago for that they fail to invest back then when bitcoin prize was very cheap and even more affordable but today they are in deep regret now that bitcoin is topping in the crypto space. However I don't think is a big deal because bitcoin is no were close to it peak, there are still better things ahead so it vital we all take a bold step and buy now even if it is bit by bit (DCA) according to your financial strength to enjoy it potentials ahead.
Another thing is that, we should not just invest in bitcoin but always invest with our discretionary funds and also setting up an emergency funds to backup
thatyour investment to enable you attain success in it.