We agree that being persistent and continuing to invest is likely a better decision, yet guys will sometimes not realize the impact of what they are doing, and so they might not even really feel any large difference for 4-6 years later, and then by the time that they realize that they had taken a less preferred (less profitable) path, it will be way too late to go back and do the situation over, so sometimes even a $10 to $50 per week contribution over 4-6 years might end up paying off, even if previously the guy had been able to invest $100 per week, and so sometimes even small amounts compound upon themselves.
I had a situation in which I was investing into bitcoin between late 2013 and early 2015 and the BTC prices largely went down from around $1,100 in late 2013 to around $250 through much of 2015.
I had been investing at higher prices so by the time early 2015 came, I had an average cost per BTC that were right around $550, but the then prices were right around $250. I had some cashflow problems with income going down and some needs to cut expenses based on the income going down, so there were several months that I could not buy any bitcoin at all, even though the BTC prices were generally low, but at the same time, I did not have enough discretionary income in order to justify buying bitcoin, so I figured out a plan that as my income started to normalize, any times that i received some extra income, then I would split it in half. Half of it would be used to buy bitcoin and the other half would be used to put in my various expected expenses.l So then there were a few months of complete dry period, then a few months of scattered buy and then a few months were I was again able to buy more regularly... so that was a tough period, yet you can imagine during that period in 2015, if I had a situation where an additional $100 came in, and then I decided to buy $50 of bitcoin, I would get 0.2 BTC for that $50, and so the amounts that I put in were seemingly small, but they ended up having really great payoffs further down the road... even though at the time, I considered that my income and my expenses were messed up for more than half of 2015... The second half of 2015 was more normalized but still with a bit more tightness than what had existed prior to January 2015.
During that time, there were quite a few people who were suggesting that I sell what I had rather than continuing to buy more BTC, even though the buy amounts were not a lot and they were a bit scattered.
Of course, we cannot go back to 2015, yet there were similar kind of dynamics between 2018 and 2020 in which the BTC price spent a lot of time between $5k and $9k, and even though there was a lot of price variation even beyond those prices, a lot of bitcoin could have been accumulated between the $5k and $9k range. Similar in 2022 and 2023, there was a lot of time that the BTC price spent between $17k and $35k.. and yeah better to have been able to buy cheaper, yet even the $35k prices are not seeming too bad right now, if they were to ever be possible again.
Right now I am getting the sense that sub $75k will never happen again, even though I cannot be sure, and it is even possible that sub $112k will never be seen again... so even between mid-November 2024 to June 2025 we spent quite a bit of time between $85k and $106k, which I get the sense that those would have been good prices to buy bitcoin, yet there were a decent number of folks selling between $85k and $106k in that late 2024 to mid-2025 time period... and yeah history has not been written yet, so it is possible that we could return to that area, yet it is not even close to guaranteed that such return will happen.
Ongoingly, we can ONLY deal with what is in front of us, and if we are not regularly buying, then we might end up not being able to stack as much as we could have had stacked during earlier periods.
Reading this post, one thing is clear again: time and patience are the real killers. Many have experienced the 2013-2015 period, but very few can explain it so openly and thoroughly. The inability to buy at a lower price, and the self-doubt when I did buy, these feelings are very real and relatable.
The way you took a balanced approach, even amid the situation, such as dividing the excess income into buying some bitcoin, and keeping some for expenses, seemed much more practical. Because sometimes the ‘all in or all out’ mentality destroys both our real life and our peace of mind.
This long-term thinking about BTC shows that even small contributions of $50 can make a big difference at one time. This realization is a great insight. Looking back from 2025, $85 or $106 might seem “
cheap”, just as $550 or $900 once seemed too much.
The last line is excellent. We can only work with what is in front of us. Market fluctuations, or missing opportunities, are part of life. But what we have in our hands is consistency, discipline, and a sense of reality. Excellent and instructive sharing, thank you for presenting such an experience so perfectly.