3 ms·

We’re still below the all time highs of about $68K so will need 3 more years to see if that theory plays out.

• IG_Semmelweiss 3y ago
  I think timing may not work , but given the strict limited supply, this works in the long term. Of course, this is highly dependent on the "coin"
• guiambros 3y ago
  That's silly. Anyone who's dollar cost averaging bitcoin buys over a long period of time has been incredibly well rewarded. BTC is up 146% over the last 12 months, and up 15x (!) over the last 5 years. Even if you were slow and naïve and only jumped at the 2021 all-time high, and kept buying during the next 12 months (as one should when an asset you like goes down), you'd have made your money back and then some.
  • koolba 3y ago
    Dollar cost averaging and “Any 5+ year holding” are not the same thing.
    • guiambros 3y ago
      I didn't say buy-and-hold for 5 years. Feel free to do the math; dollar cost averaging over 5 years would still be one of the best investments in modern times.