Keeping records and history is a very important aspect in the crypto industry, as it helps us know the the event that took place in the past.
So many people, when you suggest investment in the crypto industry, they will tend to make excuses of market volatility and coin performance in 365 days without even doing there own research, what about some years back?
In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.
I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer,
The most simple but effective way I use to navigate my way in the market is the DCA method I use, accormulate as much Bitcoin as possible because the bull run will definitely change the history of your finances if you position your self right and wait patiently for the bull run to come .
Still, all of it are just speculation, the market just depends on supply and demand on the market so there is no basis for the market price, the buyers and sellers are just the one that is going to sell the price if they are willing the let go of there Bitcoin or able to hold into it, It wasn't really something like gold that is tangible so we cant really hold into something that is why even though we see this kind of things seeing Bitcoin from .2$ up to today 27k$ it is still a very risky investment that we are not sure if it is still going to exist after a few years. I mean its volatile market could easily drop it if something happened.
Its a great investment but make sure to always invest at a calculated risk, Dollar Cost average is a good start for most investors since they are investing only a small percentage of there salary or income, with that they are only investing money they can afford to loss, if they lose their money they can easily recover from it since it is just a small percentage of there money. And overtime that small amount is going to be big plus it helps you hold until the bullrun since you are still accumulating Bitcoin.