Why Bitcoin’s Bullish Trend Has Investors Reassessing Their Saving Strategies

Roundtable anchor Rob Nelson; John Divine, Digital Asset OTC Trading at BlockFills; and Sam Price, host of Crypto Lifer, recently weighed in on the market's trajectory

Bitcoin’s rally has sparked discussions among traders and investors on how to best capitalize on the cryptocurrency’s ascent.

During a recent roundtable discussion, BlockFills Digital Asset OTC Trader John Divine stated that the upward trend in bitcoin's performance is evident.

"We are in a bull trend; we are seeing higher highs and higher lows. That is the definition of a bull trend," he said.

According to Divine, investors should consider dollar-cost averaging to maximize their positions.

“If you're not trying to pick spots and not trying to trade this thing, just buy bitcoin on a regular cadence," he advised.

Roundtable anchor Rob Nelson highlighted the surprising accuracy of betting markets in predicting outcomes.

"I'm always fascinated that Vegas's betting markets on things are so accurate," he said.

Emphasizing the role of risk and reward, Crypto Lifer host Sam Price used a vivid analogy.

"Nothing's free," he said, comparing ambitious endeavors to a mango seller venturing into the jungle.

"You might die, but you can get the mangoes cheap and then resell them," Price explained.

He argued that betting markets reveal true probabilities because, "People don't give things away for free," suggesting that odds are a reflection of collective expectations.

Concluding the discussion, Divine stressed the importance of protecting one's hard-earned wealth.

"Bitcoin is the opt-out mechanism for saving your time, energy, and effort," he asserted.

Highlighting concerns about currency inflation, Divine advised, "Work hard and then make an educated decision on how you're going to save your time, energy, and effort. Buy bitcoin."