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How to Actually Invest in Bitcoin When the Market Looks Terrible

MarketDash Editorial Team
7 days ago
Bitcoin's drop below key support levels has traders rethinking their approach to crypto investing during downturns. One analyst argues the "get rich quick" era is over, but "get rich slowly" is still very much alive with the right strategy.

Bitcoin (BTC) sliding beneath critical support levels has everyone asking the same question: what's the actual play here?

Over the weekend, pseudonymous swing trader and DeFi enthusiast Picolas Cage shared some perspective on X about how dramatically the crypto landscape has shifted over the past two years. The short version? The market has grown up, and not everyone got the memo.

The Maturity Problem Nobody Wanted

Here's the thing about Bitcoin these days: rising institutional adoption and a significantly larger market cap mean it no longer delivers the life-changing, explosive upside it once offered small retail investors. Which is great for stability, less great if you were hoping to turn $500 into a yacht.

That increased stability has pushed retail traders down the risk curve toward altcoins and especially meme coins. Add in Gen Z's dopamine-driven digital culture, and you've got a recipe for short-term gambling and some genuinely painful losses.

Cage pointed out that Ethereum (ETH) and Solana (SOL) actually delivered strong returns for investors who bought early in previous bear markets. The problem? Most people jumped in way too late and built unrealistic expectations about future gains.

Get Rich Slowly Is Still On The Table

According to Cage, the era of "get rich quick" crypto trades is essentially over. But "get rich slowly"? That's still very much alive, especially if you're willing to be strategic about it.

He laid out six practical approaches for long-term success in a bear market:

Ladder Into Bitcoin: Don't try to perfectly time the bottom. Keep cash ready and scale into positions as the price declines.

Use Dollar-Cost Averaging: Small, consistent purchases compound meaningfully over years. Bitcoin will likely remain relevant for the next decade, so consistency beats timing.

Farm Airdrops: Low-effort opportunities can add meaningful upside when market conditions are slow.

Prioritize Learning: Build skills, refine your strategy, and focus on high-quality opportunities instead of hype-driven projects or outright scams.

Keep Your Job: Stability matters. Only invest money you can genuinely afford to lose, especially in volatile markets.

Develop A Long-Term Thesis: Think on a five to ten year horizon rather than chasing short-term price swings.

The takeaway here is pretty straightforward: the quick money might be gone, but patient money still has a shot.

Back to News

How to Actually Invest in Bitcoin When the Market Looks Terrible

MarketDash Editorial Team
7 days ago
Bitcoin's drop below key support levels has traders rethinking their approach to crypto investing during downturns. One analyst argues the "get rich quick" era is over, but "get rich slowly" is still very much alive with the right strategy.

Bitcoin (BTC) sliding beneath critical support levels has everyone asking the same question: what's the actual play here?

Over the weekend, pseudonymous swing trader and DeFi enthusiast Picolas Cage shared some perspective on X about how dramatically the crypto landscape has shifted over the past two years. The short version? The market has grown up, and not everyone got the memo.

The Maturity Problem Nobody Wanted

Here's the thing about Bitcoin these days: rising institutional adoption and a significantly larger market cap mean it no longer delivers the life-changing, explosive upside it once offered small retail investors. Which is great for stability, less great if you were hoping to turn $500 into a yacht.

That increased stability has pushed retail traders down the risk curve toward altcoins and especially meme coins. Add in Gen Z's dopamine-driven digital culture, and you've got a recipe for short-term gambling and some genuinely painful losses.

Cage pointed out that Ethereum (ETH) and Solana (SOL) actually delivered strong returns for investors who bought early in previous bear markets. The problem? Most people jumped in way too late and built unrealistic expectations about future gains.

Get Rich Slowly Is Still On The Table

According to Cage, the era of "get rich quick" crypto trades is essentially over. But "get rich slowly"? That's still very much alive, especially if you're willing to be strategic about it.

He laid out six practical approaches for long-term success in a bear market:

Ladder Into Bitcoin: Don't try to perfectly time the bottom. Keep cash ready and scale into positions as the price declines.

Use Dollar-Cost Averaging: Small, consistent purchases compound meaningfully over years. Bitcoin will likely remain relevant for the next decade, so consistency beats timing.

Farm Airdrops: Low-effort opportunities can add meaningful upside when market conditions are slow.

Prioritize Learning: Build skills, refine your strategy, and focus on high-quality opportunities instead of hype-driven projects or outright scams.

Keep Your Job: Stability matters. Only invest money you can genuinely afford to lose, especially in volatile markets.

Develop A Long-Term Thesis: Think on a five to ten year horizon rather than chasing short-term price swings.

The takeaway here is pretty straightforward: the quick money might be gone, but patient money still has a shot.