Bitcoin accumulation is no longer cheap compared to back in day when one could get one bitcoin for $10, $100 or even a $1000. the price of one bitcoin as a today is $63k. But you can still invest in bitcoin with any amount if money you want to.
https://coinmarketcap.com/currencies/bitcoin/Should the current price discourage you? No, but it should guide your investment plan. Whether the fund comes from discretionary funds or emergency funds as long as the funds are legitimate, the most important question is whether bitcoin is worth investing in? in my opinion the answer is yes. This also depends if you understand that bitcoin is a long term investment (that can be up to 20 years) and not for quick profits. And that i think is the reason the OP made this thread.
Of course, my motivations for creating and maintaining this thread had gone beyond merely discussing the extent to which bitcoin's price might go up whether we are talking 4-10 years or longer, such as 20 years or more as you mentioned, even though I feel that I had come up with a variety of frameworks for both valuating bitcoin and potentially to help guys to think through and consider bitcoin's ongoing investment angle for themselves and/or potentially any institutions or governments that they might get involved in.
At the same time, many of us likely recognize that bitcoin remains an ongoing moving target, and there have always been questions regarding its upside potential, including when I got into bitcoin in late 2013, there were questions regarding whether bitcoin had already topped at $1,163 (which was its top price in late November 2013), so then we know that bitcoin spent about 3.5 years (until about March 2017) before it convincingly returned to its then late 2013 top and was thereafter able to stay above its late 2013 top.
Think about it. 3.5 years. that is not necessarily get rich quick, even though many folks like to consider those early days as get rich quick times. They don't feel like get rich times when you are personally going through them.. at least that is my memory of my experience in my earlier times in bitcoin.
Of course, over time the more capital that has been coming into bitcoin, the higher the BTC price has gotten which also causes a need for more capital to come into bitcoin for its price to be capable to go up in as steep of a manner as it has done historically.
There seems to be a bit of an ongoing argument, as well, in regards to the extent that the amount of BTC price manipulation that goes on with bitcoin paper ends up helping or hurting bitcoin, since for sure, bitcoin has abilities to exist without various aspects of various traditional financial systems, yet a lot of the traditional financial systems have come into bitcoin (whether any of us want them or not), and they have come up with a variety of creative bitcoin products that end up slotting bitcoin and its prices into a variety of complicated dynamics related to their complicated product that may well not even trace very well the verification of the existence of the various claimed bitcoin onto the blockchain.
Many of the products that get built on bitcoin end up having "trust me bro" components in regards to the necessary back up bitcoin being there to support the valuation of the products that might be sold, whether they are spot BTC shares, shares in a company or financial instrument, supposed governmental treasuries, bitcoin on exchanges and/or a variety of other bitcoin financial products.
Even though I try to pay attention to some of the various kinds of paper bitcoin manipulations, I don't claim to completely understand the various complexities beyond understanding that there remains quite a bit of obscurity in regards to whether a variety of entities, whether governments, institutions and/or traditional rich folks have close to as many bitcoin as they claim to have, and for sure, whenever any of are using those kinds of products or even relying upon those companies having the bitcoin that they claim to have, we run into potential problems in regards to being able to verify that those systems have the bitcoin that they claim to have, including any of the bitcoin that we believe that we have a right to know about or a right to take possession of when we use those products or otherwise place faith in those products having the bitcoin that they claim to have.
Even with bitcoin ongoingly growing to fit within various traditional financial systems and practices, the traditional financial systems and practices are also adapting to bitcoin in their own ways and even coming up with new products based on bitcoin and the various markets around bitcoin, whether those products claim to be working with and/on bitcoin and/or some of the products or systems might be copying various bitcoin systems and working with and on some shitcoin that they claim might be related to bitcoin or bitcoin-like technologies.
Of course, matters related to AI and AI development have some interaction with bitcoin too since there has been competition from AI with bitcoin for computing power, chips, electrical power, financing, attention and/or probably some other matters related to bitcoin.
Whenever we are caught in bitcoin consolidation periods (including like our present seeming consolidation period that we might say had been going on since October 2025 or we might even make claims that our current consolidation had been going on since January 2025), there can be feelings that the bitcoin prices are not going to go back up to prior ATH and also various thoughts about the limits in bitcoin's upside price and/or adoption potential, even if bitcoin were able to go up and to continue to be adopted, even including ongoing internal battles within bitcoin too that some claim to be existential to bitcoin.
So, guys are ongoingly faced with decisions about whether to invest into bitcoin and, if so, how much of their time, energy and/or value to invest into bitcoin.
There are no easy answers that anyone can decide for others, even though there have been various ways in this thread and other parts of my forum participation that I have attempted to provide some thinking points for guys in regards to how to consider their prioritization of bitcoin and how to potentially structure their building of both a bitcoin stack while simultaneously strengthening their cashflow management systems/practices, yet in the end, many of us recognize and appreciate that bitcoin is not guaranteed to go higher and guys have to make choices about whether and, it so, how much time, value and energy to put into bitcoin as compared with other places that they might choose to allocate their time, value and energy within the scope of whatever limited resources that they might have.
. Whether the fund comes from discretionary funds or emergency funds as long as the funds are legitimate, the most important question is whether bitcoin is worth investing in? in my opinion the answer is yes.
You said a lot in your post, but what caught my attention is this statement I highlighted.
Your sentiment in this your statement shows that you don't think that their is nothing wrong for a bitcoin investor to invest from his discretionary income or
his emergency funds, that's wrong in my own perspective, because once you start investing from your emergency funds, just know that you are no longer investing in Bitcoin, but rather you are gambling with your entire Bitcoin portfolio, because if any emergency situation arise at that particular time your emergency funds have been invested in bitcoin, just know that you will be forced to sell, even when you never wanted to, so I believe that it's wrong to invest from your emergency funds because that is like gambling with your entire Bitcoin portfolio.
I agree that research should come before investing, but I also think knowledge alone isn't enough.
In this thread, we (mostly me, since it is my thread) don't promote the idea of researching before getting started investing in bitcoin.
Instead I tend to advocate getting started buying bitcoin as soon as possible, especially once a bitcoin newbie figures out that they have enough discretionary funds to get started, whether that is starting out with $100, $10 or some other amount that they bitcoin newbie considers to be a good starting amount.
In other words, I ongoingly emphasize that bitcoin newbies start investing into bitcoin from wherever they happen to be, as long as they have discretionary funds, they can work out the details and figure out the size of their entry amount based on their own best judgement and to learn as they go, so then if the beginner bitcoiner is going to continue to buy bitcoin on a weekly basis or some other period of time after he had already started buying bitcoin, he is likely going to need to continue to make sure that he is investing from within the boundaries of his discretionary funds, and yeah, if the bitcoin newbie is starting to regularly buy bitcoin, he should be motivated to investigate further into bitcoin and also into his cashflow situation and perhaps even considering his
9 individual factors, which he does not need to resolve any of his 9 individual factors prior to getting started buying bitcoin.
Even though I am ongoingly emphasizing getting started as soon as possible, I am no way suggesting ignorance about bitcoin or ignoring any concerns that a beginner might have about either bitcoin or his cashflow management situation. Guys can work out details and learn as they go, even newbies. I find it problematic that so many members want to patronize newbies and act as if they need to have some kind of specialized knowledge in order to start buying bitcoin, especially since bitcoin is one of the most easy to access assets that a person can buy in amounts that are quite small in the event that a newbie bitcoin buyer might be able to find someone (or an exchange) willing to transact in small amounts. Sometimes there are minimum transaction amounts that might affect how much the bitcoin newbie is able to start with depending on the source from which he is making is first purchase.
Many people understand Bitcoin's fundamentals yet still panic during a 30–50% drawdown because emotions often override logic when real money is involved.
You think that bitcoin newbies need to resolve their potential to "panic" prior to getting started buying bitcoin?
Why can't they just get started and adjust their starting out position downwardly so that they don't panic?
Any of us can look at bitcoin price charts, and see that historically bitcoin has had some pretty large draw downs, and there aren't any guarantees regarding bottoms, even though there are likely guarantees that bitcoin is going to continue to be volatile without our necessarily being able to know which direction. It seems to me that any bitcoin newbie should be prepared for that, and he only needs to glance at a historical bitcoin price chart in order to appreciate the idea of volatility that can go in either direction (or both directions).
That's why beginners should prepare both financially and emotionally. Investing only discretionary funds, having a long-term time horizon, and using a disciplined DCA strategy can reduce the temptation to make emotional decisions.
Patience isn't something that appears overnight either. It's built through experience, continuous learning, and investing amounts you can genuinely afford to leave untouched.
So you are seeming to ongoingly be proclaiming that guys need to prepare prior to getting started, which surely seems to be contrary to what I have been ongoingly saying in this thread, and yeah, maybe you are trying to play both sides of the fence with your being somewhat vague and ambiguous about what you mean, even though I see a clear message suggesting that guys need to "prepare financially and psychologically" before they get started buying bitcoin, which surely is not what I have been repeatedly and persistently trying to emphasize in this thread.
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Sured. I do agree with this because the context of grace and luck frequently works hand in hand in bitcoin. The simple example of it was the earliest adopters of bitcoin, many of them started when some very few people then understood what bitcoin would actually become in future, the opportunity then looks unimportant at that time to some folks, but those that stick committed with consistency eventually achieved a great results. The long-term patience first allows what seemed to be luck to developed into a huge life changing benefits or asset.
Yeah, but I thought that I was not proclaiming that ONLY long term bitcoin buyers/holders had been blessed with grace and luck, even though the grace and luck may well be better evidenced in the longer term bitcoin buyers/holders.
Even brand new bitcoin investors could be considered as being had been blessed with grace and luck by having had come accross bitcoin and figured out that investing into bitcoin is a good option for them and a good road to go down, even though evidence of the grace and luck might not yet have had time to manifest itself in meaningful and substantial material ways as it had been able to manifest for the longer term bitcoin buyers/holders.
The huge mistakes some newbies makes today was too much expectation on quick money or profits by trading or gambling. Thier mindset totally makes it difficult for them to appreciate what exactly the long-term holders have been benefited. That's why they always assumed that the long-term holders got lucky easily, while forgotten the several years they have been consistent and disciplines required to hold through. The Grcace actually opens the doors, but steady accumulation and the long-term patience are what allows the opportunity to yield great or successful meaningful results.
Bitcoin still seems to be quite a minority play, which means that the number of normies involved in bitcoin continues to be quite low, which causes me to continue to speculate that so many newbies to bitcoin still may not recognize and/or appreciate that their mere recognition of bitcoin as the play and setting forth their own actions in the direction of accumulating bitcoin and also strengthening their cashflow management happens to be the play, even if it may well take time for the play to work itself out, and at the same time, recognizing that the bitcoin play is not guaranteed, even though they probably have some grace and luck to be able to both recognize it and to be currently acting upon that recognition.
And, of course, in the beginning there can be a lot of feelings of doubt and second guessing, since it tends to take a long time to both build up a bitcoin holdings and also to strengthen cashflow management systems/practices.
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What kind of research about bitcoin investment do you think is going to be more clearer to you than the one you’re seeing from your real life experience. Researching about bitcoin can still be done even though you’ve already started bitcoin investment. For me, a
basic knowledge and the availability of a discretionary income is good enough to get folks started in bitcoin investment rather than carrying on series of researches. Researching is good but the most research priority should be placed on figuring out a discretionary income to get started which is important for
basic action where you can be gaining real life experience.
I consider you correct for calling out Nwaswago, yet at the same time, you seem to be close to making the same mistake that he is making with the implication that "basic knowledge" is necessary, which you do not explain what is the basic knowledge that you are suggesting to be necessary.
What if some newbie reads your post and he is getting ready to buy bitcoin based on his knowing that he has discretionary funds, but then he sees that you are recommending that he needs to have "basic knowledge," so then he decides not to buy since he does not know what "basic knowledge" is. I would not consider it unreasonable for a bitcoin newbie to potentially come to the wrong conclusion about his needing to learn more about bitcoin based on your assertion that "basic knowledge" is required in order to get started buying bitcoin.
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It’s better if you don’t describe Bitcoin success as grace and luck because you it makes it sound too easy. Some of those early adopters benefitted buying early, but they also took a big risk when nobody knew if BTC would be a success or not. It could have gone to zero, Governments could have banned it, It might never been widely adopted, or it’s technology could have failed. Looking back now,it’s very easy to call it luck, but at that time the outcome and success was not certain at all
Of course, there can be a lot of individual details to figure out whether labelling some set of events and some outcomes happened to fall into the camp of "grace and luck" or not.
Surely a guy who mostly accumulated bitcoin and errored on the side of holding may well be more than willing to attribute at least part of his successful outcome to grace and luck, even if he might have had to suffer through some difficult times along the way.
On the other hand, a guy who might have had sold most, if not all, of his bitcoin at various points along the way, might consider aspects of bitcoin to neither have grace or luck, since his outcome did not end up panning out as well as it could have if he had chosen to error on the side of buying and holding.
Perhaps grace and luck is a matter of perspective and even a matter of semantics, so there might not be a lot of value in arguing it, even though sometimes guys do likely need to try to work on their perspectives and their employing of semantics.
Long term holding and steady accumulation can improve one’s chances, but don’t forget that they do not guarantee success.
Since there is no guarantee in regards to whether the outcome of bitcoin will be positive or negative, then maybe there is some grace and luck in the event that the outcome ends up playing out positively rather than negatively?
Bitcoin did well in the past, but nobody know exactly what it will happen in the future. It is better to encourage people to have realistic expectations, manage their risk properly, and only invest money they can afford to leave invested over time
I am hoping for grace and luck for myself and for anyone else who is investing into bitcoin.
Of course, the actions of any bitcoin investors likely will help them in the potential for their grace and luck, especially if they get started buying bitcoin in the case that they had not yet started, and continue to figure out ways to strengthen their cashflow management systems and practices so that they won't have to sell much if any bitcoin at a time that is not of their own choosing.
My question is how does this Automated DCA works (as in which platform can someone use for that ?)
Of course not all exchanges are available in all locations, yet quite a few of the major exchanges offer abilities for their customers to set up automated bitcoin buys such as: Coinbase, Kraken, Binance, Robinhood, Crypto.com, Strike, River, Cash App, Bitcoin Well, and maybe some others that might be region specific.
