Bitcoin just repeats the same old human economic story...
Studying economics, you just realise that any tool we use, will reflect the human outlook, or human perspective (mostly emotional one). Just like a hammer, it will do what we ask it do to.
Look at the 1987 market crash... it dropped 22%. The rose by several hundred %... the market is just following the average sentiment. Bitcoin is doing the same. But taking on a global perspective.
Indeed, the growth of bitcoin is an old story, but living through it is what makes it interesting.
Buy same amount, same frequency, no matter the price. You keep emotions out, you'll keep wealth in.
Yep, daily cost averaging. I buy consistently despite price. Long term strategy is the best