Bitcoin price hit $93.2k, reaching an all-time high. Investors are always having a happy day as Bitcoin prices hit record highs every moment. Those who invested in this season are definitely successful but those who invested in the previous season are getting 2 to 3 times the return of their investment. So the only bitcoin investor is the best which creates excitement among investors, I continued to invest in DCA method and now I got several times the benefit of my original assets. So who among you have done Bitcoin investing following the DCO method and how successful have you been?
Buying bitcoin gradually is fine to do that, actually. Especially among bitcoin believers who really believe in it. But for me, bitcoin is not really my priority, but I congratulate others who have already taken profit here in bitcoin because they bought around $50,000 and above.
We each have our own perspective and way of saving for the future. I believe that bitcoin is not the only way for us to accumulate savings in the future; there are other top altcoins that we can accumulate savings on that are higher than Bitcoin. It seems that our capital is not only x3 or 5, there are other altcoins that are more than x10 times or even more. That's why it depends on our perspective.
For me, Bitcoin is more effective because you can earn a lot there if you are a rich person. But if, like me, I am not rich, why should I invest my capital if I know that the price will only increase 3 to 5x if there are others who know that my capital will repeat more than 10x?