I buy bitcoin every week, irrespective of the price.
I don't "wait" for it to come down, ever.
I just buy it because I know it's guaranteed to go up in purchasing power in the long term.
When you know your money in bank goes down in purchasing power over time and bitcoin can only go up, where would you rather have your money? In the bank or in BTC? ๐
Inflation is jet fuel for Bitcoin's upward price.
More money printed = higher BTC price.
Lower interest rates = higher BTC price.
Higher cost of mining BTC = higher BTC price.
Does it cost money to invest in BTC? Yeah but it costs a lot less than losing your purchasing power by NOT investing.
In other words, it invariably costs you more money to keep your fiat in your bank than it does to put it into BTC.
Just some Sunday thoughts for you.
T