New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Dollar-cost averaging into Bitcoin doesn't really require any religious faith; the core idea is to understand a few simple economic phenomena.
The fiat currency we hold essentially has no anchor to any physical value. Whenever GDP growth slows down, central banks tend to stimulate the economy by increasing the money supply — that's the old routine. The new money flowing into the market pushes up prices, resulting in your money becoming less valuable and your purchasing power declining year after year.
From another perspective, buying Bitcoin is equivalent to converting depreciating fiat currency into another asset form. It can't be used directly for groceries; you need to exchange it when necessary, but it is anchored to a decentralized, fixed-supply scarcity mechanism.
Since its inception, Bitcoin's price has experienced many major fluctuations, rising from a few cents to its current scale. In the long run, this growth is not unfounded — it is supported by decentralization's balancing effect on the existing monetary system, global consensus accumulation, and its anti-inflation value in diversified asset allocation.
By gradually investing through dollar-cost averaging, you can effectively avoid the awkward situation of buying at a high point all at once. Even if you miss out on some short-term gains, it also helps prevent large losses caused by a single decision mistake.
Ultimately, the logic of dollar-cost averaging into Bitcoin is: using those constantly devaluing fiat currencies to acquire an asset that is both scarce and decentralized, capable of resisting over-issuance risks in the long term. You don't need to study technicals and news every day; as long as you recognize its fundamental value, you can confidently hold it for the long term.