Buy the DIP, and HODL!

[Taskford]

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

First of all it is obvious you fail to understand that there are risk involved in bitcoin investment and the reason why long term investment is prioritise over short term is because of the volatile nature of bitcoin,no investors can speculate or predict correctly the exact price of bitcoin for that reason short term investment is more riskier when compared with longer term investment, however we can't say for sure that the fact that we are holding bitcoin for a long term that our investment in bitcoin is going to be successful,so long term investment is not a guarantee that our investment is going to be successful.

Doesnt matter on where you do land your feet on, as long we are talking about investment then you do need up to have that to take up the risks for you to be able to have potentially to earn profits but never ever trying out to neglect the possibilities that you might be losing up in terms of the money that you had invested but since we are talking about Bitcoin then its hard to believe that we wont be having that kind of gain after how many years that we've been holding. It all matters about on how you do accumulate and on how wise you are on trying out to maximize profitability. Always be putting up into your mind that success isnt guaranteed and the money that you had put up into crypto is something that you can only afford to lose and as much as possible you do need up to diversify too.

For those DCA decisions then it will be that up to you on adding up your bag whenever the market dips or crashes. Somehow it will be that too hard for you to made out such step just because of potential reasons on which neither you've been afraid that the price might plummet even more, or you are trying out to chase up the bottom to have that profit maximization.

You will not think about those risk if you are for long term and do DCA since using this strategy eliminate the risk of your investment compare if you do trading. That's why people must choose the better side since you will never think about losing or getting stress on any short term issues since our aim is for long term. Success maybe not guaranteed since future is uncertain but with the current developments happening and strong adoption gain by Bitcoin we can say that future still great with this coin. Also so far Bitcoin never fail its long term holder and I believe that it continues to grow up since we didn't reach at level on where it is been globally adopted.

I think we don't need to wait for dips to accumulate and better buy whenever you have available funds to spend. I understand why they get afraid to accumulate but if they let that feeling dominate and they always doubt to start then there's provably there's nothing gonna happen especially that they didn't start anything yet.

[JayJuanGee]

Of course, each of us invests into bitcoin in accordance with our own 9 individual factors, and our perception of BTC price/value as compared with other places that we can invest is only one of the factors that we should be considering. Not everyone is at the same point in their bitcoin investment (and/or accumulation journey), yet if we presume that people are still accumulating bitcoin, then I would imagine we are presuming that they are ongoingly buying, even though some guys want to hold back some value to try to buy the dip, but if we have discretionary income and we are still accumulating then we should be mostly buying BTC on a regular basis no matter the price for a whole cycle or more, unless we might have been able to front load our bitcoin investment, then we might be less inclined to accumulate BTC for as long as the guy who might be buying bitcoin from his weekly or monthly cashflows.

Maybe that's right, There is only one difference that may not be repeated for those who are just starting to invest.
The difference is of course those who come early with bitcoin accumulation under $1k. So they are luckier compared to those who start now because they start at a price above $50k or more / $80k.

Apart from that, there is no other difference that can be said because it is never too late to start investing in bitcoin, it's just that the entry price will be different from investors who are earlier familiar with bitcoin.
One equation that continues to strengthen one goal is to accumulate continuously and hold it for the long term.
Various methods can be used in investing, even whatever the method, concentration is the first thing that must be focused on properly.

I agree with you that time in the market helps, yet even you have proclaimed that you had started out your bitcoin investment journey in a non-focused and perhaps even whimpy way, and we know that in 2016 when you came to bitcoin, the BTC price was still largely below $1k until the end of the year, and a few months into 2017, the BTC price went above $1k and did not return back down to those sub $1k prices ever again.

So a person could have had gotten started in bitcoin and he might have even presumed that he was investing into bitcoin, yet upon retrospect, he realized that his first whole cycle in bitcoin ended up being quite overly whimpy, so he ended up not accumulating much bitcoin nor getting focused, perhaps for a whole cycle.

Many of us can get thrown off about the bitcoin price and the amount of volatility, and we end up not buying very much BTC, yet at this time, you are likely realizing that almost any BTC that you would have had bought between mid 2016 and mid-2020 would have had ended up being reasonably decent purchases, even if you might have had bought some of your bitcoin at or near the top of the 2017 price run... so even if you spent quite a bit of money buying bitcoin between $10k and $20k, those purchases are still in good shape right now and after the passage of a bit of time, such as the passage of a whole new cycle.

Surely, we cannot know if the BTC price is going to continue to go up - even though we should be able to continue to see that bitcoin appears to be amongst the best, if NOT the best place that everyone and/or anyone around the world can put value, as long as they have some discretionary income.

Of course, it seems to be the case that the later arrivers are going to have a hell of a difficult time to try to accumulate even close as much bitcoin as the earlier arrivers, since bitcoin's cost as compared to each of our incomes (or the value of the dollar and/or other fiat) has been continuing to go up quite outrageously with the passage of time, and there is no reason to believe that such ongoing appreciation of bitcoin's value relative to the value of the dollar and/or other fiats and/or other assets is going to continue to show bitcoin as the best of places to keep your value, as long as you are able to set aside that value and restrain yourself from tapping into such value prior to sufficiently accumulating it and building it up to a sufficiently good size, whether that might be several bitcoins or even a fraction of a bitcoin for some of the newer entrants to bitcoin.  

If someone is ONLY able to accumulate around $10 per week of bitcoin, it surely would take that person 10 years to merely invest $5,200 into bitcoin, so surely they would likely be in a better position than if they had not accumulated bitcoin, yet they might still have trouble reaching 10 million satoshis (which is 0.1 BTC), even after 10 years of accumulating bitcoin, yet each person has to figure out what they are able to do and to do what they can within their discretionary income, including if they can figure out ways to increase their discretionary income by increasing their income and/or cutting their expenses.

It all depends on the level of the reserve funds we have, that is to say there is nothing wrong increasing our level of aggressiveness provided it is within our supposed reserve funds for it and point of correction we don't bet on Bitcoin decline but rather we invest in Bitcoin even in decline as an advantage of buying more Bitcoin in a price lesser.

Stormisover I think you are getting something wrong because we don't actually use our reserve funds to invest in Bitcoin rather what we use is our discretionary though it is good to have a reserve fund and most importantly emergency funds which we will deep our hand into and solve problems that we will encounter while carrying out our investment and whenever we have a good emergency funds then there is every tendency that we will stay long in our investment by default and if we are determined also because one thing in life is determination because for one to go far in anything they have to be determined.

You may not really know everything concerning bitcoin investment in a situation where there is dip an investor can decide to accumulate Bitcoin by also using his reserve fund to do so i believe that's one of the purpose of reserve fund.

You can designate reserve funds for almost anything. and they should be funds that are in excess of your emergency funds.

Emergency funds should be restricted to actual emergencies that involve loss of income and/or increase in expenses that likely cause you to have expenses that are higher than your discretionary income and you likely end up with negative discretionary income, meaning expenses that are greater than income.

Of course, we may well hope that we have emergency funds that are sufficient to last through any emergency that we might have, but sometimes we might just end up in some unfortunate place in regards to our finances that could involve circumstances that are beyond our expectations or control such as some natural event that might destroy our home and our belongings and/or perhaps some health event or an accident that happens to us where we are not able to work for a certain period of time.. maybe we are able to recover or maybe our income will be diminished for the rest of our lives.

Sometimes we might also engage in sloppy cashflow management and we might know that we are vulnerable to certain losses of income and/or increases in our expenses, yet we still either don't have a sufficient emergency fund and/or back up funds to cover those kinds of known situations, and surely if we know about high odds of certain negative things happening, the we likely need money beyond our emergency funds to cover such already known probable events.

There is no 100 percent  guarantee that your bitcon investment will be successful even in a long term investment, let's face the reality of things that for Bitcoin to be successful is uncertain but yet we can still consider the possibilities of what we believe, I will agree with you that holding Bitcoin for a long term has the potential and benefits, less risky compared to short term but still it is not for us to say that there is a guarantee, alot struggling to accept this bitter truth but it is what is it and frugal enough for us to see it that way and make an informed investment decisions.

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

His statement won't mislead newbies because that's the reality and it is important for newbies to know that been successful in bitcoin is never guarantee that's why we are told to invest with the money we can do away with if been successful is guaranteed then people will invest with all they have knowing that they will be surely be successful in time coming.

Part of the reason that we invest no more than we can afford to lose is because we should realize that it is possible for our bitcoin investment to go to zero, so we need to be prepared for that possibility.

Of course, there are a variety of other possible outcomes that range from negative to neutral to positive to extremely positive, and so in that sense bitcoin is an asymmetric bet in which the most that we can lose is 100%, so long as we did not leverage with our bitcoin investment.

[edited out]

Success in bitcoin investment doesn't really mean about profit, if you choose to accumulate 2btc and in the long run, you were able to achieve it, it means that you are achieved success in your bitcoin investment, it must not be all about making profits on your bitcoin investment. Profits should be secondary, while your bitcoin target is the primary which is why when you have a good cashflow management and you are able to keep your bitcoin accumulation ongoing, regularly, consistently and persistently, we can reach our bitcoin target or close to it in future. It al depends on how many bitcoin we set as our target.

Bitcoin investment is not 100% guarantee to make profits from it because nobody knows what will happen tomorrow which is why we should only use part of our discretionary income to invest, and don't put all your hope in bitcoin for survival in the future, so that you don't end up dying in poverty if bitcoin price goes against you. However, the chance of bitcoin price moving uptrend is higher than moving downtrend because bitcoin is in its early stage.

We still have to figure out our bitcoin investment size in accordance with our knowledge that a variety of scenarios could end up playing out, whether that might be investing 5% to 25% of our income into it or if we arrive at some other number which allows us to hedge if we feel that we need to.

Beginning investors may well conclude that they do not need to hedge and their only real hedge is the dollar (or their local fiat) since that is where there emergency funds, reserves and float should be.. .. but then as they grow their bitcoin investment, maybe after a year or two, they will start to conclude that they want to put some of their dollars in other hedges, and none of us can tell anyone else at what point in time that others might feel that it is good to hedge and/or add other assets beyond bitcoin and cash.  

i am not even sure for myself, since I largely had already built my hedge before getting into bitcoin (before late 2013), yet that would not have had been the actual route for someone who comes to bitcoin without having any other investments.. and so if they are building their bitcoin investment first, prior to investing into anything else, maybe they would like to focus on bitcoin until it reaches a certain amount, perhaps as much as a whole year of their income. .before they might determine that they are going to allocate value into something else... and then if they allocate into something else, they might need to choose something that seems logical to their own situation. and then choosing a method to allocate into that something else without necessarily losing focus on their bitcoin investment.

It seems that there are not very many folks who are able to just stay almost exclusively allocated into bitcoin and cash, and even some of those folks do not keep very much cash, so they get used to having most if not all of their value in bitcoin, which does not seem practical for a large majority of normal folks.. who might need to think more practically in terms of their expenses being denominated in their local currency and perhaps their bitcoin stash is not large enough that they would be able to tolerate such potential volatility, and perhaps if some folks are exclusively earning in bitcoin (such as a miner or someone working for a bitcoin company) then sure it could be that those kinds of folks are already used to dealing with the majority, if not all of their income coming to them through bitcoin.

[edited out]

Reading through your comments the second time makes it appear like FUD, maybe that is what it actually means. Now I ask, why being so emphatic that there is no guarantee of being successful in bitcoin investment even if the investor have everything in place like proper cashflow and money management, discipline and long term holding plans? What do you want to achieve with such a scary statement? Are you saying we should therefore become scared of investing and holding bitcoin because there is no guarantee of success? How many people do you know that invested rightly and held for long term yet failed as bitcoin investors?

I will refuse to be discouraged and I know I will be successful. There is no way you will weaken my passion for bitcoin because I have trust that bitcoin will not fail me in the future. I will remain focused, applying the best practices that I am learning in this forum and also ensuring I am doing well in other areas of life outside bitcoin.

I think that many of us agree that if we work hard and we strive to do things in ways that we are continuously learning how to improve what we are doing, then our likelihood for success also improves.  There is nothing wrong with thinking that working hard pays off, yet it seems problematic if you believe that you are guaranteed success merely because you work hard and you might even execute everything in your plan perfectly.

You should probably not stop with what you are doing, yet if you are telling folks that hard work is guaranteed to pay off, then you might well be overly stating the matter in your attempt to describe the world in black and white terms.

It seems possible to work within a world in which we consider the future in terms of probabilities, yet we do not expect that it is guaranteed that we are going to be successful, even if we do everything perfectly and we work our ass(es) off in the process.

There is no 100 percent  guarantee that your bitcon investment will be successful even in a long term investment, let's face the reality of things that for Bitcoin to be successful is uncertain but yet we can still consider the possibilities of what we believe, I will agree with you that holding Bitcoin for a long term has the potential and benefits, less risky compared to short term but still it is not for us to say that there is a guarantee, alot struggling to accept this bitter truth but it is what is it and frugal enough for us to see it that way and make an informed investment decisions.

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

It is true that investing in Bitcoin can never guarantee profit. But those who make a good plan and invest in the long term, depending on their strategy and financial management, have a high probability of profit. Those who have financial stability and long-term goals are more likely to succeed. Those who are long-term investors who have held their assets for a long time there is a high potentiality to make profit. There are many investors, especially those who are new, who do not know about the long-term investment period in Bitcoin. For those investors, it must be remembered that when investing in Bitcoin, Bitcoin should be held for a period of at least 4 to 10 years. Those who hold Bitcoin for a shorter period and consider it a long-term period will definitely make a mistake. Although it cannot be said for sure that you will profit only after the mentioned time, but if someone has good idea about the bitcoin price chart, he will definitely get an idea about the benefits of long-term investment.

It seems that another way of describing the dilemma that we are describing is that the lazier that you are and the more bad choices that you make, the less likely it is that you are going to be successful in life, so surely it seems that working hard and making correct choices and trying to learn from mistakes in order to improve oneself and one's direction does both help to increase our odds of success but it also puts us in a place to be able to take advantage of opportunities when they come..  There is the old mantra that preparation creates opportunities, but also the idea that preparation might also increase our abilities to be lucky too (or if we prepare then we have more likely opportunities to take advantage of lucky offers when they come, since we had already done the preparation to be able to fit into such lucky offer situation when it comes (or if it comes.. there is no guarantee that lucky offers will come)).

There is no 100 percent  guarantee that your bitcon investment will be successful even in a long term investment, let's face the reality[/b] of things that for Bitcoin to be successful is uncertain but yet we can still consider the possibilities of what we believe, I will agree with you that holding Bitcoin for a long term has the

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

There is nothing misleading in my post rather you are the  one sounding misleading/ confused and failing to accept the fact that the whole environment is saturated with uncertainties making It not 100 percent guarantee, i have said it before and I will say it again, there is no guarantee that you are going to be successful in your Bitcoin investment even if you even if you have a good cash flow management, your mindset and good plans which of course there is nothing wrong having those good plans and cash flow management in place buy still doesn't guarantee that your investment will be successful in a the long term.

If you claim that what you said is not misleading, now let me ask you what kind of message are you trying to pass are you now telling us that we should be scared of investing bitcoin that it we not guaranteed us successful even in the long term? I know you are trying to pass a message but the way you passed the message was wrong and it was misleading, because to be successful in bitcoin investment depend on the person who is investing and his cash flow, if I can manage my cash flow and be able to allocate it wisely and smartly by allocating my  discretionary to bitcoin investment after settling I my family needs and  expenses and allocate some money to emergency fund some to my reserve fund so tell me why is my bitcoin investment not going to be successful if I can be patient enough to hold my bitcoin for long term.

Even if you do everything perfect or close to perfect as you describe, you are not guaranteed to be successful in your bitcoin investment.  Sure, it helps that you did everything correctly and perfectly, so you have taken out some of the execution risk, but there are other risks besides your execution risks that are involved with bitcoin.  

I surely like to frequently assert that each of us should try to control the things that we can control and not try to control the things that we cannot control, so in that sense, no matter what we should try to create systems for ourselves in which we are always financially and psychologically prepared for either direction of the BTC price and even extremes, especially in the short term, yet surely in the long term we expect and hope that bitcoin has higher odds of going up rather than going down, which is part of the reason that bitcoin remains amongst the best of asymmetric bets, if not the best of asymmetric bets.  

So even if bitcoin is a great asymmetric bet, it is still not guaranteed to go up, and even though it could be somewhat close to guaranteed that if we exercise good risk management practices and we do not employ leverage, then the most that we can lose is 100%.

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

First of all it is obvious you fail to understand that there are risk involved in bitcoin investment and the reason why long term investment is prioritise over short term is because of the volatile nature of bitcoin,no investors can speculate or predict correctly the exact price of bitcoin for that reason short term investment is more riskier when compared with longer term investment, however we can't say for sure that the fact that we are holding bitcoin for a long term that our investment in bitcoin is going to be successful,so long term investment is not a guarantee that our investment is going to be successful.

It is funny that some guys believe that their investment into bitcoin becomes guaranteed merely because it is longer term, and sure, we likely realize that a lot more extreme volatility can happen in the short term, while at the same time, there is a certain underlying foundation with bitcoin that continues to contribute towards it having an upwards price trajectory that is based on various fundamentals that are also reflected in the ongoing growth of bitcoin's network effects too.

[Sticky Bomb]

Akin to the saying that excess of everything is bad,

Too much of everything is indeed bad and we must be able to maintain a boundary or let let me put it this way that a limit to everything we are doing, if we don't want to risk losing our investment fund for nothing, we must be careful of the steps we take, the way we trade or invest, the time management as well as the risk factors all inclusive on whatever decision we are taking regarding bitcoin investment, it does not end up in making the first step, but taking the right path in doing so.

The Bitcoin market is very volatile. You can never tell whether the price of Bitcoin will increase or decrease in 10 minutes. There is a big difference between investing and trading. Investing is long-term, such as for your future, and trading is short-term. The risk in short-term investing is much higher than in long-term investing. In long-term investing, you do not have to worry about small ups and downs in the market. In terms of investing, you must have the right song about your wallet. You must have the right knowledge of financial management. Along with investing, you must have an emergency fund. An emergency fund is needed to protect your investment from unexpected financial disasters.

Knowing the nature of what the market is, we must be able to related all the necessary assessments expected of us before making an investment, after doing all these, there must be a cogent reason to why we must invest at a particular time and hold, buying and selling as we already know is a continues process, the more we go in doing it the higher the bitcoin value turns to be because of its increasing demand, so setting a particular time frame to buy or invest and then taking the right position upon our investment asset will all make it more profitable for us, now on trading, we may have to trade base on the personal convictions we have towards it, if we truly understand why and how to trade, manage the risk in trading and lots more, we are also going to make some catch at the cause of doing so over time.

Bitcoin investment or trading, of course both have their own risks, but I'm sure most people will agree that trading is much riskier than investing. So it's very clear that investment is the best way to minimize risk if you buy bitcoin. Therefore, it is only natural that currently many people choose to invest rather than trade bitcoin. Because of course everyone also wants low risk but quite satisfying results, that's why they invest in bitcoin. Because even though bitcoin investment takes a relatively long time, but if you manage to hold it, I'm sure the profits you get will be much greater than trading. Because trading at first glance looks like it will get profit faster, but don't forget that losses will really come to us quickly. That's why I personally recommend investing in bitcoin, because for me an asset as good as bitcoin, it's a shame if it's only made for daily trading.

I absolutely agree with what you have said, Making an investment is very important, But investing in Bitcoin is very important, Just like we all know that Bitcoin is unpredictable, and there are risk also involved when making this investment,

Bitcoin investment is one of the most profitable investments out there for anyone willing to wait for the long term regardless of how unpredictable bitcoin market get, no investment is without risk and there are 100% guarantees in bitcoin, but when compared to some other investments with the same accessibility as Bitcoin, then bitcoin tops as the best investment.

You are wrong, there is no guarantee on your investment in bitcoin, that is why you are advised to invest with your discretionary income and invest with as much funds as you are prepared to loose in worst case scenario. We might not be able to predict the profitability of bitcoin on the long-run, yet we believe bitcoin would continue to do well judging from its history of price appreciation and good performance over the years, yet that isn't a guarantee that the price would continue to go up in the near future.

Bitcoin investment possesses it's own risks, although minimal enough, but we cannot deny that they are existent, yet it is still one of the best investment opportunity open to everyone as long as you have discretionary income and you are ready for the fair bet at securing your financial future in bitcoin.

[Joy- maker]

Akin to the saying that excess of everything is bad,

Too much of everything is indeed bad and we must be able to maintain a boundary or let let me put it this way that a limit to everything we are doing, if we don't want to risk losing our investment fund for nothing, we must be careful of the steps we take, the way we trade or invest, the time management as well as the risk factors all inclusive on whatever decision we are taking regarding bitcoin investment, it does not end up in making the first step, but taking the right path in doing so.

The Bitcoin market is very volatile. You can never tell whether the price of Bitcoin will increase or decrease in 10 minutes. There is a big difference between investing and trading. Investing is long-term, such as for your future, and trading is short-term. The risk in short-term investing is much higher than in long-term investing. In long-term investing, you do not have to worry about small ups and downs in the market. In terms of investing, you must have the right song about your wallet. You must have the right knowledge of financial management. Along with investing, you must have an emergency fund. An emergency fund is needed to protect your investment from unexpected financial disasters.

Knowing the nature of what the market is, we must be able to related all the necessary assessments expected of us before making an investment, after doing all these, there must be a cogent reason to why we must invest at a particular time and hold, buying and selling as we already know is a continues process, the more we go in doing it the higher the bitcoin value turns to be because of its increasing demand, so setting a particular time frame to buy or invest and then taking the right position upon our investment asset will all make it more profitable for us, now on trading, we may have to trade base on the personal convictions we have towards it, if we truly understand why and how to trade, manage the risk in trading and lots more, we are also going to make some catch at the cause of doing so over time.

Bitcoin investment or trading, of course both have their own risks, but I'm sure most people will agree that trading is much riskier than investing. So it's very clear that investment is the best way to minimize risk if you buy bitcoin. Therefore, it is only natural that currently many people choose to invest rather than trade bitcoin. Because of course everyone also wants low risk but quite satisfying results, that's why they invest in bitcoin. Because even though bitcoin investment takes a relatively long time, but if you manage to hold it, I'm sure the profits you get will be much greater than trading. Because trading at first glance looks like it will get profit faster, but don't forget that losses will really come to us quickly. That's why I personally recommend investing in bitcoin, because for me an asset as good as bitcoin, it's a shame if it's only made for daily trading.

I absolutely agree with what you have said, Making an investment is very important, But investing in Bitcoin is very important, Just like we all know that Bitcoin is unpredictable, and there are risk also involved when making this investment,

Bitcoin investment is one of the most profitable investments out there for anyone willing to wait for the long term regardless of how unpredictable bitcoin market get, no investment is without risk and there are 100% guarantees in bitcoin, but when compared to some other investments with the same accessibility as Bitcoin, then bitcoin tops as the best investment.

You are wrong, there is no guarantee on your investment in bitcoin, that is why you are advised to invest with your discretionary income and invest with as much funds as you are prepared to loose in worst case scenario. We might not be able to predict the profitability of bitcoin on the long-run, yet we believe bitcoin would continue to do well judging from its history of price appreciation and good performance over the years, yet that isn't a guarantee that the price would continue to go up in the near future.

Bitcoin investment possesses it's own risks, although minimal enough, but we cannot deny that they are existent, yet it is still one of the best investment opportunity open to everyone as long as you have discretionary income and you are ready for the fair bet at securing your financial future in bitcoin.

investing in bitcoin can be profitable when approach for long term, but is not risk free and it's doesn't guarantee profits, so only invest in bitcoin with what you can afford to loose, because anything can along the line no body knows tomorrow don't be over confidence in bitcoin by investing all your life savings it may not end well for the person.

[JayJuanGee]

[edited out]

Doesnt matter on where you do land your feet on, as long we are talking about investment then you do need up to have that to take up the risks for you to be able to have potentially to earn profits but never ever trying out to neglect the possibilities that you might be losing up in terms of the money that you had invested but since we are talking about Bitcoin then its hard to believe that we wont be having that kind of gain after how many years that we've been holding. It all matters about on how you do accumulate and on how wise you are on trying out to maximize profitability. Always be putting up into your mind that success isnt guaranteed and the money that you had put up into crypto is something that you can only afford to lose and as much as possible you do need up to diversify too.

Hopefully guys are not so retarded as to believe that investing into shitcoins or "crypto" is the same as investing into bitcoin.. so the themes about investing long term with some conviction only applies to bitcoin, and bitcoin is what we are talking about in this thread.

If you put money into shitcoins, then you have to try to figure out when to get in and when to get out, and surely shitcoins are merely trading.. so maybe when you talk about putting money into "crypto" you are not going to actually consider shitcoins to be part of the place where you put your money.

For those DCA decisions then it will be that up to you on adding up your bag whenever the market dips or crashes. Somehow it will be that too hard for you to made out such step just because of potential reasons on which neither you've been afraid that the price might plummet even more, or you are trying out to chase up the bottom to have that profit maximization.

Of course, you have been registered on the forum since late 2015 so you may well have had opportunities to accumulate enough bitcoin through various BTC accumulation strategies over the past 9.5 years-ish. 

Yet if we are talking about anyone who is new to bitcoin, and perhaps still in their first whole cycle, they likely should be continuing to invest into bitcoin at any price with whatever budget they have rather than getting worked up about the price, so if someone might be buying $100 worth of bitcoin every week, then he will get more bitcoin with that $100 when the BTC price is in a dip rather than when it is going up, yet likely it may not make a whole hell of a lot of difference to be thinking too much about the prices until maybe after having had accumulated a decent amount of bitcoin.  Surely I have considered that anyone who might decide to make decently large BTC purchases in lump sum kinds of ways, then they might also decide to supplement their lump sum buying with the keeping some value on the side for buying dips, and surely the more BTC a guy accumulates, the more his BTC stash may well start to affect the extent to which buying on the dip might become relevant rather than merely sticking with straight forward DCA strategies that just buy on a regular basis without getting overly worked up about BTC price changes.   

[promise444c5]

investing in bitcoin can be profitable when approach for long term, but is not risk free and it's doesn't guarantee profits, so only invest in bitcoin with what you can afford to loose, because anything can along the line no body knows tomorrow don't be over confidence in bitcoin by investing all your life savings it may not end well for me.

Let it go mate!
Bitcoin investment  is not risk free... Yes, especially if you're trying to gamble it.
Bitcoin investment doesn't guarantee profits... Yes, especially when you clearly have no investment plan and from your statement, someone that invests his/her entire life savings without any backup or emergency funds has no investment plan.

Lastly, Bitcoin is not like a random coin that could just crash overnight(not feasible), nobody can predict tomorrow, true! but Bitcoin has proved to be improving over the years, which means the future could be possibly better all it takes is some patience, No one could have predicted it reaching $100k back in 2011 and no one can predict how far it will go in the future and sure no would love to get missed out .
Have fun doing the opposite of the first two points raised...

[Gost ms]

Akin to the saying that excess of everything is bad,

Too much of everything is indeed bad and we must be able to maintain a boundary or let let me put it this way that a limit to everything we are doing, if we don't want to risk losing our investment fund for nothing, we must be careful of the steps we take, the way we trade or invest, the time management as well as the risk factors all inclusive on whatever decision we are taking regarding bitcoin investment, it does not end up in making the first step, but taking the right path in doing so.

The Bitcoin market is very volatile. You can never tell whether the price of Bitcoin will increase or decrease in 10 minutes. There is a big difference between investing and trading. Investing is long-term, such as for your future, and trading is short-term. The risk in short-term investing is much higher than in long-term investing. In long-term investing, you do not have to worry about small ups and downs in the market. In terms of investing, you must have the right song about your wallet. You must have the right knowledge of financial management. Along with investing, you must have an emergency fund. An emergency fund is needed to protect your investment from unexpected financial disasters.

Knowing the nature of what the market is, we must be able to related all the necessary assessments expected of us before making an investment, after doing all these, there must be a cogent reason to why we must invest at a particular time and hold, buying and selling as we already know is a continues process, the more we go in doing it the higher the bitcoin value turns to be because of its increasing demand, so setting a particular time frame to buy or invest and then taking the right position upon our investment asset will all make it more profitable for us, now on trading, we may have to trade base on the personal convictions we have towards it, if we truly understand why and how to trade, manage the risk in trading and lots more, we are also going to make some catch at the cause of doing so over time.

Bitcoin investment or trading, of course both have their own risks, but I'm sure most people will agree that trading is much riskier than investing. So it's very clear that investment is the best way to minimize risk if you buy bitcoin. Therefore, it is only natural that currently many people choose to invest rather than trade bitcoin. Because of course everyone also wants low risk but quite satisfying results, that's why they invest in bitcoin. Because even though bitcoin investment takes a relatively long time, but if you manage to hold it, I'm sure the profits you get will be much greater than trading. Because trading at first glance looks like it will get profit faster, but don't forget that losses will really come to us quickly. That's why I personally recommend investing in bitcoin, because for me an asset as good as bitcoin, it's a shame if it's only made for daily trading.

I absolutely agree with what you have said, Making an investment is very important, But investing in Bitcoin is very important, Just like we all know that Bitcoin is unpredictable, and there are risk also involved when making this investment,

Bitcoin investment is one of the most profitable investments out there for anyone willing to wait for the long term regardless of how unpredictable bitcoin market get, no investment is without risk and there are 100% guarantees in bitcoin, but when compared to some other investments with the same accessibility as Bitcoin, then bitcoin tops as the best investment.

There is no guarantee that you will make a profit by investing in Bitcoin. The Bitcoin market is very volatile, there is never a guarantee that you will make a 100% profit by investing in Bitcoin. But the risk in long-term investment is much lower than in short-term investment. No one is ever able to predict, all we can do is guess. For example, by looking at the market demand for Bitcoin and the history of Bitcoin, we can guess that the price of Bitcoin will increase in the future. In the case of long-term investment, you do not have to worry about small ups and downs in the market.

[JayJuanGee]

[edited out]

There is no guarantee that you will make a profit by investing in Bitcoin. The Bitcoin market is very volatile, there is never a guarantee that you will make a 100% profit by investing in Bitcoin. But the risk in long-term investment is much lower than in short-term investment. No one is ever able to predict, all we can do is guess. For example, by looking at the market demand for Bitcoin and the history of Bitcoin, we can guess that the price of Bitcoin will increase in the future. In the case of long-term investment, you do not have to worry about small ups and downs in the market.

There is no reason to go from one extreme to another - to suggest that since bitcoin's price is not guarantee, and perhaps nothing related to bitcoin can be exactly guaranteed, and so therefore we are just guessing.

I doubt that we are guessing, especially since bitcoin has a lot of quite interesting features, including that it paradigmatically changed how value and/or information is communicated (transmitted), and so there are a lot of ways that bitcoin is likely to be used in the future that are not even actually clear today.  There is more behind bitcoin than a mere guessing, but a foundational interesting world-changing invention (discovery), but hey you can think about bitcoin however you like, even though referring to bitcoin as a guess causes me to believe that you likely have hardly any clue about what bitcoin is as compared with other assets and/or how bitcoin differs from other assets.

[Samlucky O]

Bitcoin investment is one of the most profitable investments out there for anyone willing to wait for the long term regardless of how unpredictable bitcoin market get, no investment is without risk and there are 100% guarantees in bitcoin, but when compared to some other investments with the same accessibility as Bitcoin, then bitcoin tops as the best investment.

There is no guarantee that you will make a profit by investing in Bitcoin. The Bitcoin market is very volatile, there is never a guarantee that you will make a 100% profit by investing in Bitcoin.

Surely even though Bitcoin is unpredictable, risky and volatile, but there is tendency to make profit from it. %100 is even less. With Bitcoin  2x , 3x  or 4x, %100, %200 and more is achievable. All that is just needed is time and long term investment. People always make that statement that %100 profit is not guaranteed, but though I will not blame them. I believe surely that most guys hypothetically thinks
That investing little will result to getting %100 in less than no time is achievable, but these people are not really Bitcoin investors, they could just be newbies into investment. Emagine investing just $500 into Bitcoin and hoping to get 2x of there investment in a short period of time, which is not possible, knowing true well that 2x profit of $500 is $500×2= $1000 while me and you Knows that for that to be achieved, Bitcoin will need to get to 2x for this $500 to hit 2x. E.g if Bitcoin curren price is $85k it means that $85k×2 = $170k. So the $1k of 2x will be achieved when Bitcoin price hit $170k So there is no short cut to achieve that. And the problem is that as Bitcoin is going higher so it's becoming harder to achieve 2x and 3x that is the reason why people mostly emphasis on Bitcoin that there is no guarantee of %100 profit because it can only be achievable when Bitcoin also hit 2x

No one is ever able to predict, all we can do is guess. For example, by looking at the market demand for Bitcoin and the history of Bitcoin, we can guess that the price of Bitcoin will increase in the future. In the case of long-term investment, you do not have to worry about small ups and downs in the market.

You don't need to look at the market to determine the future of Bitcoin, definitely Bitcoin will go 10x 20x and even more because demand and supply is a consistent thing in the Bitcoin market as it it was programed to be right from day 1. So you should be more focused on accumulating more Bitcoin now and hoping for when Bitcoin hit a significant figure maybe after 4 to 5 circle. There is no need for us to look at the market because its not profitable for an investor rather leveraging on the opportunity to stack more.

[Platinumys]

There is no 100 percent  guarantee that your bitcon investment will be successful even in a long term investment, let's face the reality of things that for Bitcoin to be successful is uncertain but yet we can still consider the possibilities of what we believe, I will agree with you that holding Bitcoin for a long term has the potential and benefits, less risky compared to short term but still it is not for us to say that there is a guarantee, alot struggling to accept this bitter truth but it is what is it and frugal enough for us to see it that way and make an informed investment decisions.

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

It is true that investing in Bitcoin can never guarantee profit. But those who make a good plan and invest in the long term, depending on their strategy and financial management, have a high probability of profit. Those who have financial stability and long-term goals are more likely to succeed. Those who are long-term investors who have held their assets for a long time there is a high potentiality to make profit. There are many investors, especially those who are new, who do not know about the long-term investment period in Bitcoin. For those investors, it must be remembered that when investing in Bitcoin, Bitcoin should be held for a period of at least 4 to 10 years. Those who hold Bitcoin for a shorter period and consider it a long-term period will definitely make a mistake. Although it cannot be said for sure that you will profit only after the mentioned time, but if someone has good idea about the bitcoin price chart, he will definitely get an idea about the benefits of long-term investment.

For those who do not invest in Bitcoin for the long term and always say that even if you invest in Bitcoin for the long term, there is no guarantee of profit, I want to say this: Suppose I invested in Bitcoin for the long term but you did not invest in Bitcoin, in this case, what can you expect from my investment without investing? It seems to you that if I invest and hold my investment for a long time, I will not be successful, but when you see (I am talking to those who say that if you invest in Bitcoin for the long term, there is no guarantee of profit), the market is gradually going up after I invest and at some point the market becomes good, then I will be happy as an investor but you will regret it.

So always try to invest yourself without making pessimistic comments to investors so that you can hope for a certain period of time and when the market goes to a good level, then you can be happy like all the other investors and you do not have to regret it at that time. 

I have seen many people who don't invest in time but when the market goes well, they regret it and keep saying why they didn't invest in Bitcoin at that time.

[DubemIfedigbo001]

I have seen many people who don't invest in time but when the market goes well, they regret it and keep saying why they didn't invest in Bitcoin at that time.

I think investing into Bitcoin is to be done with measuring success on long-term target rather than using market movement as your yardstick to measure success. Surely Bitcoin has the potential to do well in the long-run but if you're more focused on the market movements, you can be tempted to take short-term profits or even discouraged if the price doesn't go up as expected.

Definitely, it is always better to be actionable and start buying Bitcoin with available discretionary income having an accumulation target in mind, buying amount and long-term holding plan, building your backup funds alongside your accumulating Bitcoin to have a more successful investment journey, but in all these there's still no guarantee on the profitability of your investments into Bitcoin. Although Bitcoin has a history of good performance which can be convincing, but none of us can predict the future performance which makes Bitcoin a fair bet on securing your future financially.

Of course, even myself would say you've more chances at success investing into Bitcoin with a long-term plan when compared to those having decision fatiques and not wanting to jump in and start buying Bitcoin, but no one would offer or guarantee you on the profitability of your investment even though it's what we are all wishing for and anticipating that Bitcoin price continue to go up in the future.

[Mr Reporter]

[edited out]

There is no guarantee that you will make a profit by investing in Bitcoin. The Bitcoin market is very volatile, there is never a guarantee that you will make a 100% profit by investing in Bitcoin. But the risk in long-term investment is much lower than in short-term investment. No one is ever able to predict, all we can do is guess. For example, by looking at the market demand for Bitcoin and the history of Bitcoin, we can guess that the price of Bitcoin will increase in the future. In the case of long-term investment, you do not have to worry about small ups and downs in the market.

There is no reason to go from one extreme to another - to suggest that since bitcoin's price is not guarantee, and perhaps nothing related to bitcoin can be exactly guaranteed, and so therefore we are just guessing.

I doubt that we are guessing, especially since bitcoin has a lot of quite interesting features, including that it paradigmatically changed how value and/or information is communicated (transmitted), and so there are a lot of ways that bitcoin is likely to be used in the future that are not even actually clear today.  There is more behind bitcoin than a mere guessing, but a foundational interesting world-changing invention (discovery), but hey you can think about bitcoin however you like, even though referring to bitcoin as a guess causes me to believe that you likely have hardly any clue about what bitcoin is as compared with other assets and/or how bitcoin differs from other assets.

most newbies are really have this mindset of guessing bitcoin value potential, in addition to what you have said JJG Bitcoins decentralized nature and block chain technology have opened up new possibilities for secure, transparent and efficient transactions which have been the best asset that have ever had to mankind in history.

[Solokan]

Of course, each of us invests into bitcoin in accordance with our own 9 individual factors, and our perception of BTC price/value as compared with other places that we can invest is only one of the factors that we should be considering. Not everyone is at the same point in their bitcoin investment (and/or accumulation journey), yet if we presume that people are still accumulating bitcoin, then I would imagine we are presuming that they are ongoingly buying, even though some guys want to hold back some value to try to buy the dip, but if we have discretionary income and we are still accumulating then we should be mostly buying BTC on a regular basis no matter the price for a whole cycle or more, unless we might have been able to front load our bitcoin investment, then we might be less inclined to accumulate BTC for as long as the guy who might be buying bitcoin from his weekly or monthly cashflows.

Maybe that's right, There is only one difference that may not be repeated for those who are just starting to invest.
The difference is of course those who come early with bitcoin accumulation under $1k. So they are luckier compared to those who start now because they start at a price above $50k or more / $80k.

Apart from that, there is no other difference that can be said because it is never too late to start investing in bitcoin, it's just that the entry price will be different from investors who are earlier familiar with bitcoin.
One equation that continues to strengthen one goal is to accumulate continuously and hold it for the long term.
Various methods can be used in investing, even whatever the method, concentration is the first thing that must be focused on properly.

people who invest first with a btc price below $ 1k are certainly luckier, especially if the btc they have has not been for sale because if it has been for sale, it will definitely lose the momentum of the btc price in the future and of course the price will be higher in the future. but of course yes it is true of course it is never too late to collect btc as long as we have the will and of course we can buy btc according to our abilities and the best in my opinion is the dca method which of course makes our mentality comfortable and indeed we don't need to look at the price because of course in the future the btc price will potentially be much higher. yes that is very true even though everyone buys btc at different prices but yes if the goal is to accumulate btc and store it for the long term of course that is a good thing and of course the one who holds it the longest wins because of course even if you buy btc at a price below $ 1k then if you don't hold it for the long term then you definitely won't get a big profit. your words are very good my friend and of course make people more enthusiastic in investing in btc because by not looking at the btc price when accumulating btc.

[melinoe]

newbies are really have this mindset of guessing bitcoin value potential, in addition to what you have said JJG Bitcoins decentralized nature and block chain technology have opened up new possibilities for secure, transparent and efficient transactions which have been the best asset that have ever had to mankind in history.

Blockchain is no wonder as of now.

The fact that BTC withstood so many tests, both of time and many events that could of hindered its potential - is.

[ginsan]

I agree with you that time in the market helps, yet even you have proclaimed that you had started out your bitcoin investment journey in a non-focused and perhaps even whimpy way, and we know that in 2016 when you came to bitcoin, the BTC price was still largely below $1k until the end of the year, and a few months into 2017, the BTC price went above $1k and did not return back down to those sub $1k prices ever again.

So a person could have had gotten started in bitcoin and he might have even presumed that he was investing into bitcoin, yet upon retrospect, he realized that his first whole cycle in bitcoin ended up being quite overly whimpy, so he ended up not accumulating much bitcoin nor getting focused, perhaps for a whole cycle.
~~

Yes sir, in 2016-2017 of course it was a very good time to accumulate bitcoin, although I had started buying bitcoin at that time but I did not manage my investment planning properly so I made many mistakes such as depositing btc to gamble. However, the ability to learn by investing properly after I saw hundreds of large companies and new investors who continued to buy bitcoin, my interest grew to continue buying and holding it.

If you look at the cycle that has occurred, of course I think that I myself got a good opportunity because I took advantage of the moment by moving aggressively when btc fell to $15k. That was the best opportunity I remember most in accumulating bitcoin from a price of $15k - $25k.

people who invest first with a btc price below $ 1k are certainly luckier, especially if the btc they have has not been for sale because if it has been for sale, it will definitely lose the momentum of the btc price in the future and of course the price will be higher in the future. but of course yes it is true of course it is never too late to collect btc as long as we have the will and of course we can buy btc according to our abilities and the best in my opinion is the dca method which of course makes our mentality comfortable and indeed we don't need to look at the price because of course in the future the btc price will potentially be much higher. yes that is very true even though everyone buys btc at different prices but yes if the goal is to accumulate btc and store it for the long term of course that is a good thing and of course the one who holds it the longest wins because of course even if you buy btc at a price below $ 1k then if you don't hold it for the long term then you definitely won't get a big profit. your words are very good my friend and of course make people more enthusiastic in investing in btc because by not looking at the btc price when accumulating btc.

They were lucky, of course because of the cheap entry they got, but we don't have to regret ourselves because we entered in 2020 or later because the moment at that time was also very good.  For that, I only focus on the accumulation of bitcoins that I continue to do, the DCA Strategy is quite helpful and I am grateful for the level of full concentration in buying bitcoins because I have not missed a single week in buying bitcoins.

[Cookdata]

people who invest first with a btc price below $ 1k are certainly luckier, especially if the btc they have has not been for sale because if it has been for sale, it will definitely lose the momentum of the btc price in the future and of course the price will be higher in the future. but of course yes it is true of course it is never too late to collect btc as long as we have the will and of course we can buy btc according to our abilities and the best in my opinion is the dca method which of course makes our mentality comfortable and indeed we don't need to look at the price because of course in the future the btc price will potentially be much higher. yes that is very true even though everyone buys btc at different prices but yes if the goal is to accumulate btc and store it for the long term of course that is a good thing and of course the one who holds it the longest wins because of course even if you buy btc at a price below $ 1k then if you don't hold it for the long term then you definitely won't get a big profit. your words are very good my friend and of course make people more enthusiastic in investing in btc because by not looking at the btc price when accumulating btc.

Luckier? I don't think so. Do you know that holding Bitcoin for 1 is year is like holding Bitcoin for 5 years, now imagine how emotionally stress a person that has hold Bitcoin in the last 10 years. If you look back to the thing that has happened to Bitcoin price, the multiple crashes that has happened in the past, you will doff hat for people that has never sold any Bitcoin. Anyone that is holding Bitcoin from that year to now deserver all the goodies they are having now and not the term "luckier".

There many people that had Bitcoin below those price, you have heard of the guy that had 10k Btc and was used to order a Pizza, you can refer to this thread for confirmation. Imagine the trauma that person will go through if he doesn't really has any Bitcoin after that he pull, he is still been celebrated yearly because that's some millions of dollars he just wasted on a pizza he could have use money instead, some people called it adoption but I can't get over it.

Buying and Holding Bitcoin isn't easy, which is why you see alot of folks don't have the patience but believe me, there is a greater reward for been patient as a Bitcoin holder. This isn't an assurance but no regret either, there is no need to be running after small profits that you will end up finishing the next day. You are not just buying and holding Bitcoin because of the profits, the hedge against any financial issues that comes later be it government or policies that may not favour the economy, you are going to be every step ahead of other people and economy.

[Y3shot]

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

First of all it is obvious you fail to understand that there are risk involved in bitcoin investment and the reason why long term investment is prioritise over short term is because of the volatile nature of bitcoin,no investors can speculate or predict correctly the exact price of bitcoin for that reason short term investment is more riskier when compared with longer term investment, however we can't say for sure that the fact that we are holding bitcoin for a long term that our investment in bitcoin is going to be successful,so long term investment is not a guarantee that our investment is going to be successful.

Having the mindset tp hodl their I'd guarantee for an investment to be successful but investing for longterm their is no guarantee because investing for longterm a lot happens and one might decide to sell because even investor who have longterm plans still have a specific time of when to sell. But when you have the mindset t hodl , it is a continuous investment plan that one will see every movement of the market and holding bitcoin is always profitable but longterm investment is still unclear if it will be a successful investment.
Holders and longterm investors are two different things , holders hodl on to bitcoin irrespective of the market fluctuations and with this it is usually profitable while longterm investors have a time frame and this investment is not guaranteed of profit.

[Barikui1]

people who invest first with a btc price below $ 1k are certainly luckier, especially if the btc they have has not been for sale because if it has been for sale, it will definitely lose the momentum of the btc price in the future and of course the price will be higher in the future. but of course yes it is true of course it is never too late to collect btc as long as we have the will and of course we can buy btc according to our abilities and the best in my opinion is the dca method which of course makes our mentality comfortable and indeed we don't need to look at the price because of course in the future the btc price will potentially be much higher. yes that is very true even though everyone buys btc at different prices but yes if the goal is to accumulate btc and store it for the long term of course that is a good thing and of course the one who holds it the longest wins because of course even if you buy btc at a price below $ 1k then if you don't hold it for the long term then you definitely won't get a big profit. your words are very good my friend and of course make people more enthusiastic in investing in btc because by not looking at the btc price when accumulating btc.

Luckier? I don't think so. Do you know that holding Bitcoin for 1 is year is like holding Bitcoin for 5 years, now imagine how emotionally stress a person that has hold Bitcoin in the last 10 years. If you look back to the thing that has happened to Bitcoin price, the multiple crashes that has happened in the past, you will doff hat for people that has never sold any Bitcoin. Anyone that is holding Bitcoin from that year to now deserver all the goodies they are having now and not the term "luckier".

Truly, you aren't far from the truth, holding Bitcoin isn't as easy at it seems, it's a lot easier to buy, but holding is a different thing altogether.
Then as for the bold statement in your write up, I largely disagree on that, because you wouldn't feels like that if you are mainly focusing on accumulating more, not paying too much attention to the outside noise and speculations of the market. If you truly have a set goal on when to buy and hold till then, and you remain focus on your aim, 1year wouldn't feels like 5years in my own opinion, it's only when you pay too much attention to the market and speculations, that's when you will feel such way.

Buying and Holding Bitcoin isn't easy, which is why you see alot of folks don't have the patience but believe me, there is a greater reward for been patient as a Bitcoin holder.

Truly it's not easy to hold, because patience alone is not enough, that's why measures must be put in place so that you can hold strong, and not tempering with it, that's why having a source of income, and emergency funds and possibly a backup fund is greatly needed in other to be able hold without tempering with it regardless of the emergency situation that may arise in the future.

[Silikiem]

[edited out]

There is no guarantee that you will make a profit by investing in Bitcoin. The Bitcoin market is very volatile, there is never a guarantee that you will make a 100% profit by investing in Bitcoin. But the risk in long-term investment is much lower than in short-term investment. No one is ever able to predict, all we can do is guess. For example, by looking at the market demand for Bitcoin and the history of Bitcoin, we can guess that the price of Bitcoin will increase in the future. In the case of long-term investment, you do not have to worry about small ups and downs in the market.

There is no reason to go from one extreme to another - to suggest that since bitcoin's price is not guarantee, and perhaps nothing related to bitcoin can be exactly guaranteed, and so therefore we are just guessing.

I doubt that we are guessing, especially since bitcoin has a lot of quite interesting features, including that it paradigmatically changed how value and/or information is communicated (transmitted), and so there are a lot of ways that bitcoin is likely to be used in the future that are not even actually clear today.  There is more behind bitcoin than a mere guessing, but a foundational interesting world-changing invention (discovery), but hey you can think about bitcoin however you like, even though referring to bitcoin as a guess causes me to believe that you likely have hardly any clue about what bitcoin is as compared with other assets and/or how bitcoin differs from other assets.

People have different reasons why they delve into bitcoin market, is either to trade or to invest, either way is fine depending on the person ambition or motive. For someone who wants a good profit from his or her investments in bitcoin should not look at the short term, but look at the long term. In as much as we are aware of the volatility of the bitcoin market, there’s never a guessing work when it comes to the long term focus on investment on bitcoin, i doubt it because over the years bitcoin have proven that a long time investment pays off definitely.

[Derekfunds]

you are saying things the wrong way and that's the reason why I we disagree  to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

First of all it is obvious you fail to understand that there are risk involved in bitcoin investment and the reason why long term investment is prioritise over short term is because of the volatile nature of bitcoin,no investors can speculate or predict correctly the exact price of bitcoin for that reason short term investment is more riskier when compared with longer term investment, however we can't say for sure that the fact that we are holding bitcoin for a long term that our investment in bitcoin is going to be successful,so long term investment is not a guarantee that our investment is going to be successful.

Having the mindset tp hodl their I'd guarantee for an investment to be successful but investing for longterm their is no guarantee because investing for longterm a lot happens and one might decide to sell because even investor who have longterm plans still have a specific time of when to sell. But when you have the mindset t hodl , it is a continuous investment plan that one will see every movement of the market and holding bitcoin is always profitable but longterm investment is still unclear if it will be a successful investment.
Holders and longterm investors are two different things , holders hodl on to bitcoin irrespective of the market fluctuations and with this it is usually profitable while longterm investors have a time frame and this investment is not guaranteed of profit.

I disagree with you mate, investors doesn't actually have a specific time to when they will sell there investment. Investors believe in holding for a long period of time though the only time an investor is suppose or should sell there investment is after 4 years of holding or when they have gotten to there overaccumulation stage which sometimes an investors may not even get enough Bitcoin in there portfolio in this period of 4 years Maybe because of the amount they are accumulating with because how much we are accumulating with will determine how our portfolio will look like.

I think you are contradicting something, if long term investment is unclear that someone will not be successful then what will you say about short term investment of course long term is advisable because there is no way an investor will hold for years that Bitcoin won't appreciate in its value so long as it is still In existence.

You are again confusing yourself by saying that Holders and long term investors are two different thing but I will make you understand what you don't know, Holders are people who hold Bitcoin or any other asset and they are known as an investors and the reason why I said other asset is because not only Bitcoin can hold, there are other things investor can hold and the long term is the duration or time an investors wishes to hold his investment so don't get it twisted.