Core Viewpoint - Bitcoin has experienced a significant decline of 45% from its all-time high of $126,000, currently trading at $70,000, with predictions of a potential drop to $50,000 [1] Group 1: Investment Strategies - Dollar-cost averaging (DCA) is recommended as an effective strategy for investing in Bitcoin during its price decline, suggesting an investment of $50 each month over 10 months [5][6] - This DCA strategy helps mitigate emotional reactions to market volatility, allowing for a more disciplined investment approach [7] - An alternative strategy involves investing the full $500 upfront while exploring hedging options to manage the inherent volatility of Bitcoin [8] Group 2: Hedging Options - Investors can hedge their Bitcoin positions by purchasing prediction market event contracts, which allow them to speculate on Bitcoin's future price points [8][9] - These contracts are available on platforms like Robinhood, with specific price points such as $60,000, $50,000, and $40,000 for potential profit if Bitcoin falls to these levels by 2026 [9][10] - The hedging strategy provides a safety net, as investors can still benefit if Bitcoin's price does not rise as anticipated [10]