Bitcoin recently broke above the $80,000 mark, a milestone celebrated across the crypto world. For many, it signals a continued bull run, while for others, it's a sign of speculative excess. For me? It's not fun when prices soar to new heights, but I’m still buying. Here's why.
One of my primary strategies for investing in Bitcoin is dollar-cost averaging. Every day, I invest a set amount in Bitcoin, regardless of the price. This approach removes emotions from the equation and ensures that I’m steadily building my position over time. Whether Bitcoin is at $20,000 or $80,000, my strategy remains the same.
DCA helps me average out the volatility. While I may buy at higher prices now, I’ve also accumulated Bitcoin during dips. This strategy has proven effective for long-term gains in both stocks and crypto.
Bitcoin isn't just a speculative asset; it’s a revolutionary technology reshaping how we think about money, store value, and transact globally. As adoption increases, so does demand, but Bitcoin’s supply remains capped at 21 million. This simple principle of supply and demand keeps me bullish, even at record highs.
History has shown that Bitcoin tends to exceed expectations during bull markets. A price above $80,000 could just be the beginning of the next phase of adoption and institutional interest.
As the CEO of TerraMatris Crypto Hedge Fund, Bitcoin remains a core asset in our portfolio. While we actively trade crypto options to generate income, we consistently maintain a long-term bullish position on Bitcoin. This includes not only buying during corrections but also during price surges.
High prices don’t deter us—they reinforce our belief in Bitcoin's future. By strategically using options like cash-secured puts and covered calls, we manage risk while enhancing returns, even when prices are at all-time highs.
I’ll admit—it’s harder to buy Bitcoin when it’s expensive. There’s always that voice saying, “Wait for the dip.” But dips can be unpredictable. Timing the market is notoriously difficult, and missing out on long-term gains is far worse than short-term overpayments.
So, I remind myself: Bitcoin is not just an investment; it’s a conviction. Whether it's above $80,000 or below $20,000, my goal is to consistently increase my holdings.
Bitcoin’s journey to $80,000 is a testament to its resilience and growing adoption. While many are taking profits or waiting for the next correction, I’m sticking to my plan. Dollar-cost averaging, strategic options trading, and my long-term belief in Bitcoin guide my actions.
Yes, it’s not fun buying Bitcoin at $80,000, but I’ll still do it. Why? Because my focus isn’t on today’s price—it’s on where Bitcoin will be in the years to come. And if history is any guide, the best time to buy Bitcoin has always been yesterday.