Questions like this always happen when bitcoin is on the rise and when there are tons of newbies showing up and I guess the answer would still be the same.
Bitcoin is still very much worth buying. Many rely on the price in this case but they don't pay attention to the plan because in the end if their plan is far enough away maybe even for the next few years actually when looking at the current price it is still very worthy and worth it to buy because after all our goal is not for the short term.
With each Bitcoin's 4-year cycle and its big bull run, many people will change from outsiders to become newbies in Bitcoin market. They will ask this question which repeatedly appear many times.
"Is Bitcoin expensive now for me to buy?"
The fact is an asset is always expensive for one person if the person does not have belief in future of that asset. Bitcoin was expensive when its price was a few cents, few dollars, some hundred dollars and even $20,000. In 2022, when it was exchanged with price about $16,000 it still was considered as expensive with many people.
Now, with price about $42,000, is it expensive?
Next months, when it reclaims the $69,000 all time high, will price like $42,000 be considered as expensive?
The year chart shows you can get profit by buying and holding some years.
https://charts.bitbo.io/yearly-candles/It must be the way of thinking that happens in this case because bitcoin is expensive we can only collect a few bitcoins with the amount of money we have but in the end things like that will also be refuted by several strategies such as DCA that are carried out.
Dollar Cost Averaging is a good strategy for investment. Because you will not have to mind about short term changes in the market, fuds and more.
https://dcabtc.com/https://costavg.com/