And the crazy part? DCA works even when you don’t time the bottom… Like, you could literally buy while Bitcoin is dropping, and as long as you stay consistent over time, you still be profitable off it… That’s what people don’t get. You’re playing the long game, and the long game always wins in Bitcoin investment...
Most of the OGs you see sitting on bags of Bitcoin did not trade their way there, they just kept buying regularly, ignored the noise, and waited. Simple as that….
The crazy part if we are buying bitcoin for 4-10 years and even longer, we could end up buying at the top and at the ATH several times and still end up in profits over the long term with each of the purchases and/or with the overall average purchases, and we have no way to know if we are buying at the top, so we should not be thinking about those kinds of matters if we keep on accumulating bitcoin on a regular basis, as you mentioned.
You are right sir, buying Bitcoin 4-10year or 3 circles, we may end up buying Bitcoin at the top (ATH) but as far as Bitcoin is concerned we can't assume any price to be the top now since Bitcoin growth is continuesly going higher and higher. There was a time we thought $1 was The top price ATH, there was a time $10 was the top ATH. Another one $100, $1k , $10k and $124k. Looking at the starting price of Bitcoin till date shows a great significant move that has taken place and we will see more ATH. Even if we continue to buy continuously till Bitcoin hit $250k ATH, there is still nothing to lose because Bitcoin price will not end at $250k but will surely hit $1m some day
regardless of the time. We should just prioritize buying Bitcoin without thinking if we bought high or low because history has proven that wether buying high or low it will still be profitable in the long run.