BTC back up at $98-99k reminds me that I ain’t got enough bitcoin and the path to getting more is dwindling.
If I DCA $1k every month, at current prices it would take little over 8 years to accumulate 1 more bitcoin.
However, Bitcoin price is not going to remain $98k for next 98 months. While it might come down below this for a few months, increasing adoption, nation state FOMO, institutional buying etc is likely to push price up, so that the price will exceed $100k for much more time than it is below.
Hence, employing a DCA strategy, over the next 8 years, one is likely to buy at an average cost of $300k (power law model says that BTC price in 8 years - Dec 2032 - will be $890k), so will be able stack only 0.33 BTC or maybe less.
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