Regularly investing in BTC is the way for ordinary people to turn their fortunes around
It has been exactly 8 years since I entered the circle
I have seen the big coin drop from 20,000 to 3,000, and I have seen BTC drop from 60,000 to 15,000
I have seen that during the bear market, no one discussed BTC on Weibo
I have seen the big coin at 3,000 and ETH at 90, experiencing 94, 312, and 519
Do not be smart and try to follow trends; in October 2021, I successfully escaped the peak due to Huobi's exit from the domestic market, and later watched BTC drop to 15,000. In November 2022, I looked at the rainbow chart and the 9 gods indicator, but I didn't buy the dip. I kept waiting and waiting for BTC to return to 20,000 before buying. However, I truly was not focused on BTC in my life. In January 2023, I chased high in altcoins, which continued to drop, but BTC steadily rose. I watched as BTC climbed to 20,000 and then 60,000. Through this period of rise, I realized a truth: people can make most of their profits in a short time; money is not earned step by step but rather in a short time. In this bull market, BTC is expected to reach 150,000.
Now let's talk about BTC's 4-year cycle. The price of BTC is based on each difficulty upgrade. After the difficulty upgrade in May 2020, it rose from 8,000 to 60,000 USD. The bubble phase was from April 2021 to November 2021. This increase took one and a half years and increased by more than 7 times. The year and a half before the difficulty upgrade is always the bottom-fishing opportunity, at 4,000. In May 2024, the difficulty will upgrade, and the average price in the year and a half prior is 30,000, with an estimated peak of 140,000. In May 2028, the difficulty will upgrade, and bottom-fishing will start in May 2026, which is one and a half years from today.
It can be judged that the year and a half to two years before each difficulty upgrade is a good time for dollar-cost averaging.
Dollar-cost averaging indicators include the rainbow chart, the 999 indicator, and the BTC mining cost chart. If you have the fate to see this, then it's your luck. At least when I entered the circle, no one earnestly advised me to regularly invest in BTC. If you want to dollar-cost average, you must endure long periods of loss; only those who believe in BTC and have a coin-based mindset can make money from BTC.