Title says it all. I’m a Bitcoin newbie. Dabbled during the 2020-2021 pump. Got spooked by the fallout but now that BTC is pumping again, I’m getting much more serious about DCA.
I am now more convinced than ever that Bitcoin is here to stay especially now that the init nstitutions are scooping them up by the billions for their ETFs.
Given all of this, I honestly don’t know why not everyone is investing at least something in bitcoin now. The returns are on orders of magnitude higher than the stock market too (150% vs. 10%). You can also own fractional shares so the excuse that Bitcoin is too expensive doesn’t hold water.
Seriously am I missing something? DCA a $100 month over a decade in Bitcoin and chances are you’ll be seriously rich. And I know past performance doesn’t guarantee future results but again it’s here to stay. It’s not going tits up anytime soon.
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