I would spend hours looking at charts. Staring, waiting, anticipating the perfect dip or spike where I could perfectly time my buy. It cost me opportunities.

Time is money.

The stock market doesn’t care if you’re ready to invest. It either go up or down without your help. In order to prevent myself from further lost opportunities, I came to realize something critical about this market, There is no perfect entry.

Waiting for The Perfect Entry Price Can Cost you Money.

Let's assume that you’ve been patiently waiting for bitcoin price to fall back down to $30,000. As we now know that never happen, its went up to $40,000 then to $50,000 to $60,000 and beyond. Meanwhile, you continued to watch as bitcoin increase in value. I know how you feel. In reality, there are three major things about the stock market that can cause you to lose out on gains by waiting to long:

1. Time in the Market Outperforms Timing the Market – Simply put, simply investing in any market for an extended period of time will outperform even well-executed trades on occasion. When I say outperform, it means making you more money more often than well-timed investments, even in the midst of volatility.
2. 2. Dollar-Cost Averaging (DCA) Makes Perfect Timing Irrelevant – What if I told you that a systematic investment plan could reduce your risk by up to 80% without negatively affecting returns? That is what dollar cost averaging can do. By investing fixed amount on regular basis regardless of prices (e.g., $100 per week) it is nearly possible to prevent loss and gain as it minimizes volatility risk over a long period.
3. 3. Long Term Trend of the Stock Market is Up – In order to profit in the long run, any market needs to continue going up. For example, for every crash in the bitcoin price that ever occurs, the trend always trends higher highs, and higher lows. For bitcoin, it’s an example.

Why am I buying anyway?

Whether I’ll be in profit next week, or will lose money next week? It is beyond anyones control or power to say.

However, what I do know, bitcoin will have more demand five years from today. That is all that matters to me. And as long as I continue buying more over the next few years regardless the price, then I know for sure that, in 5 years from today, bitcoin price will be much higher and the gains of buying over time will compensate for my current losses or higher prices I might pay.

Bitcoin Price Data Analysis

Looking back through the history of the stock market and particularly of bitcoin price, we see that the trends continue going higher with highs and higher lows over the years. Even buying the all time high bitcoin price of 2017 will put you at profit today, same applies to bitcoin price bought in the 2021 peak. Time will do the rest of the work for you.

So Here’s What I’m Doing About It…

I do not waste my time trying to guess the perfect time to buy. As long as I have cash in hand, I am ready to make a deposit into bitcoin with an Automatic deposit plan at an online bitcoin investment company,. I try not to even check the price, this takes out the human factor out of investing.

I am only focusing on adding to my investment weekly, in small dollar amounts as the DCA. Whether bitcoin price go up or down, there is nothing to lose with a DCA approach. This is a more relaxing way to invest your money and be a holder of bitcoin without ever trying to time the market.

The Bigger Picture

Despite the fact that the crypto market has experienced massive crashes, volatile periods, and numerous government bans, the overall growth trend is positive and sustained. A small fraction of the world’s population owns crypto, indicating that there is plenty of room for market growth in the future. If you are focused on getting the ‘perfect’ price entry, you are missing out on the ‘real’ opportunity that lies within simply getting involved in the market.

Final Thought

There comes a time, however, where waiting is no longer an advantage. For me, that time is now. I will not wait for the “perfect price” any longer.

I have discovered the art of the automatic investment and will continue to acquire additional shares weekly for many years to come.

Why?

Because I already know where this market is headed. Higher.

Do you wait for the perfect entry, or just buy? Tell me your thoughts in the comments below!