Hello everyone, and welcome to this week’s market insight.

Portfolio Update:

I bought another ~$470 of Bitcoin this week.

The plan is to continue buying 5% of the starting DCA capital into spot Bitcoin each week over 20 purchases. We are now 3 out of 20 purchases in.

Market Update:

Again, there is not much to update on the market this week. Price has been fairly stable, and after a sharp move lower, that is normal. Markets often need time to stabilise before the next volatile move.

For now, continuing the DCA is key. It is not often that we get to buy Bitcoin at these compressed valuation ratios, which have historically been strong entry zones. That does not mean the bottom is guaranteed to be in. Price can still move lower. But from a long-term risk-reward perspective, this is the type of environment where I want to keep building exposure slowly.

Education of the Week: Why Cheap Does Not Feel Cheap

One of the hardest parts of investing is that good entry points rarely feel good in the moment.

When an asset is expensive and everyone is optimistic, buying feels easy. Price is moving higher, the news looks good, and confidence is everywhere. The problem is that this is often when risk is already high. When an asset is cheap, the opposite is true. The market feels uncertain. People are cautious. Price has already fallen, and most investors are focused on what could still go wrong. That is why cheap does not usually feel cheap.

This is where valuation ratios can help. They do not predict the exact bottom, but they give context. They help show whether price is stretched, fair, or compressed compared to historical levels. Right now, several Bitcoin valuation ratios are compressed. That does not mean price cannot go lower. It can. But historically, periods like this have been much better entry zones than the periods where everyone feels confident.

This is also why I am using DCA instead of going all in. If Bitcoin moves lower, I buy more at better prices. If Bitcoin moves higher, I have already started building exposure. The goal is not to catch the perfect bottom. The goal is to build a position while long-term risk-reward is improving. Most investors want certainty before buying. But markets rarely offer certainty and good prices at the same time. Usually, you get one or the other.

Right now, I am choosing better prices, patience, and a structured plan over waiting for everything to feel comfortable.

The plan stays the same.

Trilux