6 years of membership on these boards today. Also, 6 years since buying my first BTC today. Also, 6 years of hodling today (well.... at least for a great part).
First of all congrats on all three of your anniversary items all falling on the same date. What a coincidence.
Of course, lump sum investing is easier to calculate, and in mid-2016 we largely had a rip up from the lower $400s until the $700s, but then we had the Bitfinex hackening crash that pushed up back to the lower $500s and even taking awhile to get back up to $700 but then into 2017 we had ongoing uppity throughout..
Surely not easy times for ongoing buying either.. but would have been the right thing to attempt to front load between $500-ish and even lower $2ks.. which could have been accomplished for your first year.. even though we all make mistakes along the way, too. I am not going to attempt to make too many presumptions about your situation, even though if you were able to get away with an average BTC price of less than $5k or even less than $3k, you have been decently well (and maybe some devils in the details regarding how many you got.. which is your own business)..
@friends1980 congrats for completing 6 years of your bitcoin and bitcointalk.org journey.
@JayJuanGee, I first came to know about Bitcoin in second quarter of 2017 and AFAIK price of bitcoin at that time was around 1200$ to 1300$. Digging deep the bitcoin at that time I came to know that price of Bitcoin is now very high compared to what it was in 2016 and in previous years. I have to admit that I say to myself that "
its too late now to buy Bitcoin" (someone completely new to Bitcoin can say that) and then we saw ATH of Bitcoin on 19 Dec 2022 i.e. 19k$.
After spending few years in bitcoin I can safely that current price of Bitcoin is not very high and its good if you can start DCA at this price.
And yes
its not late to buy bitcoin even now.