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Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« Last post by JISAN on Today at 06:50:26 PM »Most of us cannot afford to invest large amounts of money anywhere because we don't have enough savings after covering the whole month's expenses with the salary we get. so the money we save after meeting our daily expenses is invested in other assets including Bitcoin. So it automatically follows our DCA method. So if we continue our investment like this regularly then we can gradually own a large amount of bitcoins in the future.The DCA method is very helpful for me to locate bitcoin from last year, and it is very helpful. I agree we don't need to buy 1 BTC, but we buy according to the money we have. For example, if we have $100, we can buy that amount. So even though bitcoin is expensive we can buy it as much as we can afford itBitcoin is too expensive but it is also cheap because it is not necessary to buy 1 whole bitcoin to invest, anyone can invest any amount there. It is true that the future of Bitcoin is so bright that anyone who can afford to invest should invest in Bitcoin for the long term. I always invest 10-30% of my salary in Bitcoin after paying my family expenses. Because I believe in it so much and I am so excited about its future
Excellent decision!
If we are always DCA'ing, we are always winning but must learn to embrace Bitcoin's volatility.
Bitcoin's volatility can be daunting, but it's also an inherent part of its nature as a relatively young and rapidly evolving asset.
And when we are thinking of buying Bitcoin we should not compare it with fiat but rather real estate, gold, and other investments