Bitcoin price right now

Bitcoin price right now

Exciting news in the world of Bitcoin these last few days/weeks or so! As we speak, Bitcoin's price is skyrocketing, nearing its all-time high. At the ti

Table of Contents
  1. There is no second best
  2. Bitcoin price
  3. Long time preference is a key
  4. What is DCA - Dollar Cost Averaging?

Exciting news in the world of Bitcoin these last few days/weeks or so! As we speak, Bitcoin's price is skyrocketing, nearing its all-time high. At the time of writing, the live price is hovering around $62,000 for 1 BTC. 🚀📈You can see the latest price at the top of the article - that is a bitcoin price live ticker as well as Dollar Cost Averaging Calculator took that can be found on https://www.bitcoindollarcostaverage.com/ .

There is no second best

For those of you who have been in Bitcoin, you know just how big of a deal this is. Bitcoin's value has been steadily climbing in recent months, and now it's inching closer and closer to breaking its previous record. We all know, when it comes to money, saving and long time preference, simply there is no second best. 1 Bitcoin is 1 Bitcoin, and Bitcoin price is actually showing how fast the fiat is losing its value.Whether you're a OG Bitcoiner or someone who's just dipping their toes into the world of BTC, seeing Bitcoin reach these heights is nothing short of thrilling. Especially after a long bear market.

Bitcoin price

Recent developments in the space, like the approval of Bitcoin ETFs could be at play here. Looks like FOMO is starting to kick in, but we should keep in mind that Bitcoin is a long term play, not a quick scheme type of thing. So the mindset should always be the proper long time preference.Let us not forget that we have a halving coming up in April as well.These developments are fuelling optimism and confidence in Bitcoin's long-term potential.

Long time preference is a key

While Bitcoin's current price is certainly cause for celebration, Bitcoin is known for its volatility, and prices can fluctuate rapidly. So to get back onto the previous said statement: long time preference is the key. One should not concentrate just on the Bitcoin price.

What is DCA - Dollar Cost Averaging?

As we dance around in excitement of Bitcoin's surging price, it's essential to consider investment strategies that align with long-term growth and minimize short-term volatility. One such strategy is dollar-cost averaging (DCA), where investors invest a set amount of money over given time intervals, such as after every paycheck. This is where Bitwage comes in.Bitwage allows you to dollar-cost average by receiving a portion of your salary in Bitcoin. All that, without asking for permission from your employer. Regardless of who the employer is.We created this DCA Bitcoin calculator where you can find out what if. Do check it out as it is useful. Calculator - https://www.bitcoindollarcostaverage.com/ .

Keep hodling and we salute all the Bitcoiners and Bitwagers that survived the bear market.

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