We also don't know about the ability to increase our $2,500 per month investment amount. If we are starting out with that amount and anticipating to be able to continue at that amount, then that is fine, but it might not account for everything... We also might start at $2k per month and we anticipate over the next 5 years we will be able to increase our amount to $3k per month, so we just project forward with our idea of an average of $2,500, so our actual goal might be more about maintaining an investment amount yet not exactly knowing how many BTC that will attain, even though we would like to get to 1 whole BTC in around the time frame of 5 years, so then the amount of BTC accumulated still could be a kind of tentative goal that we believe to be in the ballpark of realistic, and maybe we even consider that we might be able to accumulate anywhere between 0.65 BTC and 1.2 BTC in that timeline, and we hope to hit somewhere around 1 BTC, even though we consider it as potentially a difficult amount to achieve based on our current budget constraints and our knowledge about our future budget constraints..
I would call it as still a success when we do what we are supposed to because the price factor is not in our hands and we can only increase the potential savings that go for our DCA funds to a certain level. Because DCA is mainly used by retail investors who might have fixed income that is why we also try to upskill and increase the revenue stream from others ways it's not just for the bitcoin but to have the financial freedom that we all are talking about. Eventually, bitcoin is also one way to reach there but it's getting out of reach year after year.
About achieving the goal, DCA isn't not just a strategy but the blend of consisteny with the discipline that we are commited to achieving so be it 0.6, 0.8 or 1.2 one must keep continue to what they wanted to achieve and if that happens as we intend then it good and even if it take more time we are still progressing.
I personally believe that bitcoin will likely outgrow a lot of assets for a long time into the future, but surely the steepness of the growth curve is going to continue to be less steep. The punchline in the end does not point to some other place in which we should put our money, so we just have to do what we can do, even if we happens to be new and/or early in our bitcoin accumulation journey.
Yeah, you kw, I have had the same thought for a while now, Bitcoin is probably gonna outperform a lot of traditional assets for years to come, but we can’t expect it to keep growing at that same crazy angle forever. The curve’s gonna flatten over time for sure, that is just how maturity works. But even with that, it doesn’t suddenly mean we should go park our money somewhere else.
The thing is, there is no next big thing yet that checks all the boxes like Bitcoin does, decentralization, scarcity, security, and a global movement behind it. So yeah, even if you are just starting out or feel like you came late, it doesn’t mean you’re too late. We just start where we are and build from there. Everyone had a day one. Most of us did not buy at $200 or $1k or even $10k. That’s life...
So what do we do? Simple, keep stacking what we can, when we can. No need to FOMO into wild positions or feel bad we are not sitting on 10 BTC... I would say it is right to focus on what is in our control and stay consistent. In the long run, you’ll be surprised how far that mindset can take you....
Those who wait for a specific price to invest are definitely making a big mistake because Bitcoin's movement or its fluctuations can never be predicted, but if you wait to invest, you may panic later due to Bitcoin's volatility, so you may eventually give up.
So consistency is the best investment decision here, invest as much as you can afford to lose, and no matter how small the amount, the goal here should be long-term, and the investment method should be to deposit Bitcoin through DCA consistently, but it will definitely bring positive results.
You can’t wait for a specific price before you invest in Bitcoin, Bitcoin can not be predicted and with the way Bitcoin is going you can’t wait for a perfect time to invest because it may lead to regret at the end, you can invest in Bitcoin in different ways and you can meet up with your demand or the amount of Bitcoins you want to buy, using a DCA method is the best way to buy when you want to meet up with the quantity of Bitcoin you want to buy, one thing i observe with some newbies when they heard invest as much as you can lose is that some think they can buy Bitcoin with any amount and be expecting big profits, the more you invest the more you earn profits that’s how Bitcoin works.
Honestly, one thing that gets people stuck is this idea of waiting for the right price before they buy Bitcoin... Like bro, what are you even waiting for? Bitcoin does not care about your perfect entry. It is not gonna pause and say,, oh wait, let’s let this guy get in first... By the time it moves, most of the time people either freeze or miss the whole move completely...
And this has happen too many times to not learn from it... Someone will be like, i will buy when it hits $20k, it hits $20k, and they say "hmm maybe it’ll go to $18k.” Then boom, next thing they know it is back at $30k and now they’re saying “I’ll wait for it to dip again.” That loop never ends until they give up...
That is why DCA is always the king. It takes the pressure off.... Just buy little by little, whatever you can afford, whether it’s weekly or monthly, it adds up over time. no stress....