Bitcoin's bullish momentum has analysts and investors strategizing on how best to capitalize on the cryptocurrency's rise.

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, the influence of betting markets, and the importance of calculated risk-taking.

John Divine emphasized the clear upward trend in bitcoin's performance. "We are in a bull trend; we are seeing higher highs and higher lows. That is the definition of a bull trend," he stated. Divine suggested that investors 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.

Rob Nelson observed the striking accuracy of betting markets in forecasting outcomes. "I'm always fascinated that Vegas's betting markets on things are so accurate," he remarked.

Sam Price used a vivid analogy to illustrate the relationship between risk and reward. "Nothing's free," he declared, likening 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.

Divine concluded by underscoring the importance of safeguarding 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."