The importance of DCA conviction in difficult times

Hey y’all - I wanted to share a story with newcomers to the space.

Like many of you, I started investing into Bitcoin during a hype period (2021) where Bitcoin was trading around $40K.

Soon after, the price started dipping and I thought well, thats an opportunity to buy more! So I bought some more at $35k, and a little bit more at $32K, but then the price kept falling under $30K and I started to doubt my conviction.

I stopped my weekly DCA order, and watched the price fall down below $20k, and I felt pretty smart that I saved some money by not buying more as it dipped. I felt like I was successful in cutting my losses.

Then, I watched the price sky rocket back in 2023/2024 and at that point it hit me. If I continued to DCA during this tough period and held onto my conviction, it would have been a different story by now :)

These days feel awfully familiar, but Ive learned my lesson and I’ll continue to DCA because in the grand scheme of things BTC adoption is here and I’ll try to get myself and my offspring some sats before them bankers scoop it all.