Have more volume for less $value
During my short time here and checking on Bitcoin back to its roots when it had barely any value, you would find out that, time spent in doing nothing continues to prove costly as the Bitcoin progresses.
Of course one might buy Bitcoin just anytime you like, but the difference in quantity will always make the huge difference.
Where:Year starting 2020; $7,200 = 1BTC
Year ending 2020; $28,950 = 1BTC.
Imagine this happening in the same year. You’ve got a difference of:
$28,950 - $7,200 = $21,750
Now, you’ve bought at the year ending, same one unit of 1Bitcoin and it’s cost you $21,750 more $ than you would have by buying at the start of the year. That would have meant;
$28,950 / $7,200 = 4.02BTC.
That means, you’ve got 3BTC more to account for your $21,750 more value.
In successive year, it continued in an increasing order and reduced in 2022. Giving investors a buying opportunity yet again.
Coming to recent time,In this month, we’ve seen Bitcoin at $73,000 value and today it’s dumped to around $63,000 and from the look of it, the bulls is gaining some momentum in today’s market. This speaks of the more volume you would accumulate for your $value to buy now rather than wait on the market for the market for more examination and it could push through to $70,000 in the next minute (could be exaggerated), giving you less volume for more $value.
Hence, buying at current price gives:
Starting today 20th March: $63,000 = 1BTC
At a later time when price is up $73,000 = 1BTC
A difference of $10,000 = 0.16BTC as more value at a later time. That is also what you stand to loss by not taking chances with the price at the moment.
If the plan could be holding as it’s mainly advocated and most of the precedents to this time continues to do, gains are not far behind. Thought it might dump, it would rise as it’s evident in its history and what better time to not wait but buy before the halving.
Buying to hold today is not having get less volume for more $value but rather, more volume for less $value.