About Bitcoin, I've put a stop to its investment since last year, and as an investor of many years in the field of the financial market, it is not advisable to continue to buy an asset at a high level, it is always detrimental, especially if something unforeseen happens at that unattractive level. Needless to say, the expected value is no more worth the risk since there is no way one will make 3 times their investment in Bitcoin in this bull season again, so why still risk it even as we are not yet sure if 2 times the increase is still certain in this bull run.
A lot of questions are being asked at this point, and if care is not taken, one may make regrettable mistakes by believing that Bitcoin will always behave the way it did in the past. I started my Bitcoin investment in 2020 and I was committed to pumping it every week then, so I've had enough and with what I've gained so far, there is no way I can miss out on this world cake anymore. My focus is on altcoins now and it has been so nice for me, and I am sure when the altcoins season comes as usual, it will be a very good testimony by then.
There is nothing wrong with diversifying.
So, let me get this straight: you're no longer investing in Bitcoin because its value is too high at the moment? I understand your point, and there's certainly nothing wrong with diversifying and opting for other investments as well, but doesn't that work against the principle of DCA, something that is commonly promoted on the forum and advised by many members to newer ones, as a safe-ish way to invest in Bitcoin?
Let me start by saying I am not a new crypto-era investor, that's why I strictly follow the rules of investment and do not let the love of Bitcoin blind my judgment. And among the rules of investment, the two simplest ones state; "Buy the low and Sell the high".
This does not emphatically tell you that you should just dabble into them so fast but carefully study them and at least not continue to buy the market that is already high and expensive. The risk is too much and the reward may not be worth it, so why risk it when the potential risk-to-reward ratio is not obviously attractive?
Also, investors are different, like you said, you mentioned DCA, but we can't plan the same way. I DCA when I want to truly invest in certain conditions, and that will be the time when the market is still within the confined level that is still considered safe and reasonable for me to invest it. I did that in 2022 and 2023 and I stopped in 2023. So, it is not about the fact of DCAing or not but the fact that the market is too high in price and unattractive to me anymore.
I'm personally not into altcoins for long-term holding, although I've made some reasonable returns on a short-term basis, but I understand your point. Despite that, you're still earning Bitcoin through signature campaigns, so unless you're using these funds elsewhere, you're practically investing in both simultaneously.
About the Bitcoin signature campaign, I don't think your point is valid because Bitcoin is just a medium to get paid in the campaign. I don't fake things, the money could be exchanged for anything later. Just like your fiat, if you are paid in fiat, you can move the money elsewhere for further investment, it is as easy as that. I have my sizable amount of Bitcoin already, so I am not missing out. I'm just saying that it could be discouraging for me to continue purchasing at this high price.