JJG’s Outline of Bitcoin Investment Ideas

[SOKO-DEKE]

When we get older, we can give our Bitcoin to someone we trust or hand over the seed phrase to him. Because when we get older, the chances of us dying are slightly higher than a young person. However, we can tell our seed phrase to someone through the puzzle when we are young.

Death does not know whether a person is young or old. So, let us understand that anyone can die at anytime and that is the reality. It is not only when someone is old that they have a chance of dying, even a young person has the same possibility of dying.don't you always see news about people having accidents and not making it again? Or do you not hear about someone being attacked by armed robbers and being shot dead?So, if someone has to share the secret of their Bitcoin investment, it should be done only in the early stages of the investment and only with a trusted person. They should let that trusted person know where the seed phrase is kept and briefly explain Bitcoin if that person has no knowledge of it.We do not need to give someone our Bitcoin or our seed phrase simply because they are old.

[samadam007]

in bitcoin investment it’s quite not a traditionally reliable wealth creator due to its extremely volatile nature and so it’s largely a speculative asset and that’s why nothing is certain or guaranteed in bitcoin investments. Yea BTC has a clear concept but those are just concepts of which that doesn’t automatically makes it a sound investment and that’s why I’m finding it difficult to really fit BTC into a traditionally sound investment as you largely claimed, but albeit, I think that weather it’s a sound investment or not it depends on your level of risk tolerance and investment goal for long term.

Bitcoin being volatile asset does not make it a bad investment. That’s why it’s not advisable to trade it because it’s ability to create wealth should only be judged over time, not because of its extreme volatile nature.

Another thing is that you shouldn’t judge Bitcoin because of what short term traders do by calling it a “speculative asset”. Most of us believe in its long term value that’s why we’re still holding

[Queen uloma]

When we get older, we can give our Bitcoin to someone we trust or hand over the seed phrase to him. Because when we get older, the chances of us dying are slightly higher than a young person. However, we can tell our seed phrase to someone through the puzzle when we are young.

Death does not know whether a person is young or old. So, let us understand that anyone can die at anytime and that is the reality. It is not only when someone is old that they have a chance of dying, even a young person has the same possibility of dying.don't you always see news about people having accidents and not making it again? Or do you not hear about someone being attacked by armed robbers and being shot dead?So, if someone has to share the secret of their Bitcoin investment, it should be done only in the early stages of the investment and only with a trusted person. They should let that trusted person know where the seed phrase is kept and briefly explain Bitcoin if that person has no knowledge of it.We do not need to give someone our Bitcoin or our seed phrase simply because they are old.

One of the biggest mistakes is to keep everything in secret without having a back up plan. If something happens to you unexpectedly, your family won’t know you have bitcoin, or even if they’re aware, they can’t have access to it. It can make the investment be a waste.  But that doesn’t mean that you should share your seed phrase to anybody because of relationship. Trust and security is suppose to come first before anything.

If you decide to tell anyone, let it be someone you trust very well and the person should know the importance of keeping it private from anyone. If the person doesn’t have clue of bitcoin take your time to explain the basics to him and how to recover the wallet if anything comes up. Every bitcoin investor should have someone to inherit their bitcoin. Not because of death but because nobody knows what tomorrow will be.

[Emjay24]

I want to believe that people that die with their inheritance because of lack of trust of people around them are people without blood family members that is why it is difficult for them to pass on their inheritance also another set are those that already knows when they are dieing or the aged and so they sell off their investment and give it to charity since they cannot find a trusted person which they can transfer their inheritance to and instructions will be carried out accordingly as they wish, but if you have family members around you, there must be someone to pass it on to in other for the family not to face financial challenge when you are no more.

If they choose that their bitcoin goes to charity, it is not a must to sell it off and hand over fiat to Charity which would still depreciate. It is better they hand over the seed phrase to the organization and put them through on sustainable withdrawal methods, That way he is promoting bitcoin among them as a valuable asset that should be held for longer and that is a valid bitcoin education to both old and young in the organization.

~

I see your point but when I talked about overaggressive buying I was talking about those people who use so much from their discretionary income that they don't have enough for setting up their backup funds talk more about their discretionary consumption and when they when they buy bitcoin like this they will not be able to sustain it because even though there is no immediate emergency and they don't bother with their emergency fund they will even come to the realization that they can't go without their discretionary consumption for too long making their over agressiveness unsustainable.

Yes there should always be a balance so that we don't give an overly small priority to our backup funds in such a way that we are left with little funds for it and when emergency hits, our backup funds might be too small to tackle it and we have to tap into our bitcoin portfolio to solve it . That would be a very bad situation and a product of bad cashflow management practice. This is why I like a clearly defined ratio of dividing our discretionary income between our investment fund, savings and discretionary consumption to ensure adequate priority is given to all parties. I recommend a 40:40:20 or 50:30:20 formula to give your investment a greater priority, while not neglecting the importance of savings and discretionary consumption.

[DubemIfedigbo001]

" Bitcoin will remain stored in the wallet indefinitely

Bitcoin is not stored in the wallet, but on the blockchain. The wallet only gives you access to funds stored in corresponding addresses on the blockchain.

Our task now is to ensure that the right person can access the Bitcoin should something bad happen to us. To prevent unauthorized access to your Bitcoin before the time is right, you can apply the principle of storing the information in two separate locations, you might entrust the first 12 words to your mother, father, wife, or child, while explaining to them that this is important because it relates to your savings. As for the remaining 12 words, you can store them in a safe or a safe deposit box, then, write a note stating that 12 words are at "X" and the other 12 are at "Y." Combine the two sets to access the wallet.

Instead of doing all of this and risking mixing things up for your benefactors, why not use the seed phrase and a passphrase, then give the seed phrases to your family and the passphrase to a trusted friend or kept in another location, and in the event of your demise, the passphrase needs only be retrieved and access is restored to the wallet. I also recommend assigning specific wallets to specific benefactors so that sharing the inheritance does not become a big problem or cause a fight. This can still be achieved with same seed phrase and different passphrases labelled carefully with respect to their names and if you die, each person receives their own passphrase and unlocks their digital inheritance differently.

[Jewan420]

Profit remains part of Bitcoin investment, but then real deal is if you can’t afford 6 years of losses then you don’t actually need to invest for a 10 years time frame, not because your investment plan is wrong but because timeframe is wrong.

At the end I would say if you invest for for a period of 10 years and it yield no profit, that not an investment but Saving with risk.

At least, even if there's no profit on your bitcoin investment for ten years, it's still better than keeping the money in fiat or saving it in the bank because your funds will lose its purchasing power overtime. Bitcoin preserves the value of your money and that alone shows that it better to put your discretionary income into bitcoin and build your bitcoin stash overtime. Profit is an additional benefits.

I don't know what the future holds, but if Bitcoin still doesn't give you a profit in ten years, I don't see much point in investing in Bitcoin. Then Bitcoin will be considered a stablecoin, the only difference is that other stablecoins are centralized, but Bitcoin will be decentralized. If Bitcoin doesn't give you a profit in the long run, maybe no one will invest in Bitcoin, but they will decide to invest their money in stablecoins or assets like gold. Gold can also protect money from inflation and works against inflation like Bitcoin, even gold is a self-custody asset. But you are right that it is better than holding fiat, I agree.

The chances of getting a profit from Bitcoin in the long term are the highest, although not guaranteed, but not less. If we forget about profit, then it is better to invest in Bitcoin for privacy and security. But I don't know if you agree or not, no one will put money in any asset except for profit. When the price of Bitcoin was very low and there was no guarantee of price increase, you might have rejected it if you were advised to put money in Bitcoin to protect yourself from inflation. Because profit is the main purpose, but not the only purpose. It is better not to draw such unrealistic examples!

[Brizi5000]

in bitcoin investment it’s quite not a traditionally reliable wealth creator due to its extremely volatile nature and so it’s largely a speculative asset and that’s why nothing is certain or guaranteed in bitcoin investments. Yea BTC has a clear concept but those are just concepts of which that doesn’t automatically makes it a sound investment and that’s why I’m finding it difficult to really fit BTC into a traditionally sound investment as you largely claimed, but albeit, I think that weather it’s a sound investment or not it depends on your level of risk tolerance and investment goal for long term.

Bitcoin being volatile asset does not make it a bad investment. That’s why it’s not advisable to trade it because it’s ability to create wealth should only be judged over time, not because of its extreme volatile nature.

Another thing is that you shouldn’t judge Bitcoin because of what short term traders do by calling it a “speculative asset”. Most of us believe in its long term value that’s why we’re still holding

No don’t quote me wrong, I didn’t say bitcoin is a bad investment, I was only merely saying that nothing especially profit is not certain or guaranteed. And again, I clearly stated that if bitcoin is a solid investment is largely dependent on your level of risk tolerance and time horizon which of course still reflects to the same idea of investing, holding and believing in it’s long term value.

[Grease5000]

I hope you know death is inevitable and again it doesn't look at age I mean there is no age range in death because it can happen to anyone anytime, any day and it is always unexpected though I'm not saying or wishing you had but I'm just telling you something you know or something you should know. If not for the fact that it won't make any sense for someone to have an asset stored somewhere and be wasting I wouldn't encourage the idea of sharing seed phrase because you don't know people's e intention.

Without exchanging the seed phrase with others, you can create an inheritance management. You just need to know the strategy and use your own knowledge. Regardless of age, inheritance management is important. I can't tell you how to do it, you need to build it based on your home and local circumstances so that it is under your control while you are alive and the person you choose can find it when you die.

The first step in inheritance management is to identify an honest person who is very trustworthy and will not abuse your trust. Give him the necessary training and build a good understanding with you. Give him some hints that will be useful for recovering the seed phrase after your death, even hints about the location. In this case, you don't have to exchange the seed phrase with anyone during your lifetime and your bitcoins are not lost.

It's  true that life is inevitable but I don't agree with Idea of sharing your seed phrase with anyone be it a family member or a trusted friend, because if it falls into the wrong hands your bitcoin can be stolen at any time.

Instead of sharing your seed phrase with anyone a better approach is to have a secure inheritance plan, a will or   an investment document that only trusted people can access it when necessary, while also keeping it protected during your lifetime and at times also make sure your Bitcoin isn't lost after death.

[Different patterns]

Where that line is drawn will likely vary from individual to individual, and surely one or to pay period of going overboard in one direction or another might not be enough to really make a difference, especially if we already have back up funds in place, yet it seems that the point that @ZeroVinsonN is making relates to guys who might constantly invest high portions of their discretionary funds into bitcoin without holding back any value for savings and/or discretionary consumption,  and he is arguing that those kinds of practices would end up going into the overaggressive category because it is unsustainable.  ZeroVinsonN assertion seems reasonable, even though guys can differ in their opinions in regards to how aggressive they are able to be without overdoing it.

people forget that the important thing is to have a plan that can be keep repeating for  many years, they only focus on buying bitcoin as much as possible. Putting all your discretionary funds into bitcoin, I don’t see it as sign of seriousness, I only see it as lack of financial management, because you leave nothing for small personal needs or unexpected emergency, that may cause them to sell bitcoin whenever they have financial problems and that goes against the rules of long term investment. but any plan that keep you accumulating bitcoin during good times and bad times is better than one that pushes your limit every month.

[Sonia_123]

" Bitcoin will remain stored in the wallet indefinitely

Bitcoin is not stored in the wallet, but on the blockchain. The wallet only gives you access to funds stored in corresponding addresses on the blockchain.

Our task now is to ensure that the right person can access the Bitcoin should something bad happen to us. To prevent unauthorized access to your Bitcoin before the time is right, you can apply the principle of storing the information in two separate locations, you might entrust the first 12 words to your mother, father, wife, or child, while explaining to them that this is important because it relates to your savings. As for the remaining 12 words, you can store them in a safe or a safe deposit box, then, write a note stating that 12 words are at "X" and the other 12 are at "Y." Combine the two sets to access the wallet.

Instead of doing all of this and risking mixing things up for your benefactors, why not use the seed phrase and a passphrase, then give the seed phrases to your family and the passphrase to a trusted friend or kept in another location, and in the event of your demise, the passphrase needs only be retrieved and access is restored to the wallet. I also recommend assigning specific wallets to specific benefactors so that sharing the inheritance does not become a big problem or cause a fight. This can still be achieved with same seed phrase and different passphrases labelled carefully with respect to their names and if you die, each person receives their own passphrase and unlocks their digital inheritance differently.

For the fact you can trust a person with your seed phrase what not give the same person the passphrase to avoid problem among two when you are no more this is all about money one cannot be fully trusted and will be more greedy that the other and because he will not be able to get what he wants can decide not to bring out the other information when you are no more .

It will be better you handover everything to one trusted person and just pray he does not betray you when you are not more and leave the person to his heart because you have done your part what is left is for the other person

[Cyber_warrior]

Where that line is drawn will likely vary from individual to individual, and surely one or to pay period of going overboard in one direction or another might not be enough to really make a difference, especially if we already have back up funds in place, yet it seems that the point that @ZeroVinsonN is making relates to guys who might constantly invest high portions of their discretionary funds into bitcoin without holding back any value for savings and/or discretionary consumption,  and he is arguing that those kinds of practices would end up going into the overaggressive category because it is unsustainable.  ZeroVinsonN assertion seems reasonable, even though guys can differ in their opinions in regards to how aggressive they are able to be without overdoing it.

people forget that the important thing is to have a plan that can be keep repeating for  many years, they only focus on buying bitcoin as much as possible. Putting all your discretionary funds into bitcoin, I don’t see it as sign of seriousness, I only see it as lack of financial management, because you leave nothing for small personal needs or unexpected emergency, that may cause them to sell bitcoin whenever they have financial problems and that goes against the rules of long term investment. but any plan that keep you accumulating bitcoin during good times and bad times is better than one that pushes your limit every month.

Notting good often come out of being over aggressive and unsustainable practices because you end up putting yourself in unnecessary financial stress. It's good to be aggressive but it shouldn't be done while neglecting your expenses and the necessary funds needed to sustain yourself and investment. Emergencies will always come up, so it's why allocation is made for them to keep you from taking from your investment when they come. To have a long lasting investment we must not neglect any of these things because they are the pillar of your investment.

[drangos]

Where that line is drawn will likely vary from individual to individual, and surely one or to pay period of going overboard in one direction or another might not be enough to really make a difference, especially if we already have back up funds in place, yet it seems that the point that @ZeroVinsonN is making relates to guys who might constantly invest high portions of their discretionary funds into bitcoin without holding back any value for savings and/or discretionary consumption,  and he is arguing that those kinds of practices would end up going into the overaggressive category because it is unsustainable.  ZeroVinsonN assertion seems reasonable, even though guys can differ in their opinions in regards to how aggressive they are able to be without overdoing it.

people forget that the important thing is to have a plan that can be keep repeating for  many years, they only focus on buying bitcoin as much as possible. Putting all your discretionary funds into bitcoin, I don’t see it as sign of seriousness, I only see it as lack of financial management, because you leave nothing for small personal needs or unexpected emergency, that may cause them to sell bitcoin whenever they have financial problems and that goes against the rules of long term investment. but any plan that keep you accumulating bitcoin during good times and bad times is better than one that pushes your limit every month.

Notting good often come out of being over aggressive and unsustainable practices because you end up putting yourself in unnecessary financial stress. It's good to be aggressive but it shouldn't be done while neglecting your expenses and the necessary funds needed to sustain yourself and investment. Emergencies will always come up, so it's why allocation is made for them to keep you from taking from your investment when they come. To have a long lasting investment we must not neglect any of these things because they are the pillar of your investment.

Consistency has a greater value than being too aggressive. The strategy you have for Bitcoin should be sustainable for your income, and for your day to day life, rather than straining your finances. Without emergency savings it is easy to panic sell in the event of an emergency. Rather than continuing to hold. Even if you do not invest a lot of money. It is a better strategy to invest in bitcoins over several years than investing a large sum of money in one and not maintaining the investment. The key to a successful investment plan is discipline and financial management.

[suhadi88]

Normally a sound investment is expected to do well provided that all the necessary ingredients and input needed for it to do well is in place. Of course BTC has the potential to build wealth But you see in bitcoin investment it’s quite not a traditionally reliable wealth creator due to its extremely volatile nature and so it’s largely a speculative asset and that’s why nothing is certain or guaranteed in bitcoin investments. Yea BTC has a clear concept but those are just concepts of which that doesn’t automatically makes it a sound investment and that’s why I’m finding it difficult to really fit BTC into a traditionally sound investment as you largely claimed, but albeit, I think that weather it’s a sound investment or not it depends on your level of risk tolerance and investment goal for long term.

I think you're mixing two different ideas here. A sound investment doesn't have to be stable in price. It needs to have a solid foundation and a reason why it should gain value over time. Bitcoin is volatile, no argument there but, volatility alone doesn't make something unsound. If it did, Bitcoin wouldn't have outperformed most traditional assets over the last decade.

Whether or not one should invest is a completely different matter. I agree with you on tolerance and investment goal for long term. However, I find it rather amusing to dismiss Bitcoin as an unworthy investment simply because of its high price volatility.

[MiF]

Where that line is drawn will likely vary from individual to individual, and surely one or to pay period of going overboard in one direction or another might not be enough to really make a difference, especially if we already have back up funds in place, yet it seems that the point that @ZeroVinsonN is making relates to guys who might constantly invest high portions of their discretionary funds into bitcoin without holding back any value for savings and/or discretionary consumption,  and he is arguing that those kinds of practices would end up going into the overaggressive category because it is unsustainable.  ZeroVinsonN assertion seems reasonable, even though guys can differ in their opinions in regards to how aggressive they are able to be without overdoing it.

people forget that the important thing is to have a plan that can be keep repeating for  many years, they only focus on buying bitcoin as much as possible. Putting all your discretionary funds into bitcoin, I don’t see it as sign of seriousness, I only see it as lack of financial management, because you leave nothing for small personal needs or unexpected emergency, that may cause them to sell bitcoin whenever they have financial problems and that goes against the rules of long term investment. but any plan that keep you accumulating bitcoin during good times and bad times is better than one that pushes your limit every month.

The best bitcoin investment strategy is one that you can stick with for the long haul, rather than a few months. It could be a we're all in it for the money type of commitment, but if you have no money to spare for emergencies or for day to day living, it could be problematic. It can frequently result in the wrong timing for trading Bitcoin, diminishing a long term strategy. A consistent DCA strategy, combined with sensible budgeting and having an emergency fund is much more sustainable and will help increase your Bitcoin holdings during bull and bear markets.

[Tongley]

Normally a sound investment is expected to do well provided that all the necessary ingredients and input needed for it to do well is in place. Of course BTC has the potential to build wealth But you see in bitcoin investment it’s quite not a traditionally reliable wealth creator due to its extremely volatile nature and so it’s largely a speculative asset and that’s why nothing is certain or guaranteed in bitcoin investments. Yea BTC has a clear concept but those are just concepts of which that doesn’t automatically makes it a sound investment and that’s why I’m finding it difficult to really fit BTC into a traditionally sound investment as you largely claimed, but albeit, I think that weather it’s a sound investment or not it depends on your level of risk tolerance and investment goal for long term.

No investment in the world is risk-free and if any investment is said to be a risk-free investment, then the person or the thing being asked to invest in it is completely fraudulent. You may not be aware of the Bitcoin network yet, which is why you have this idea about Bitcoin. There is nothing to underestimate Bitcoin, Bitcoin has now entered the mainstream economy. Bitcoin has definitely become a better investment than all other investments, especially compared to investments like gold.

Everyone is moving towards Bitcoin, because they want decentralized financial management, Bitcoin is the safest and most reliable asset for this decentralized financial management and everyone wants to be protected from inflation and the best way to protect themselves from this inflation is Bitcoin. Bitcoin is likely to progress along with technology

[Charcol]

~

I see your point but when I talked about overaggressive buying I was talking about those people who use so much from their discretionary income that they don't have enough for setting up their backup funds talk more about their discretionary consumption and when they when they buy bitcoin like this they will not be able to sustain it because even though there is no immediate emergency and they don't bother with their emergency fund they will even come to the realization that they can't go without their discretionary consumption for too long making their over agressiveness unsustainable.

This is why I like a clearly defined ratio of dividing our discretionary income between our investment fund, savings and discretionary consumption to ensure adequate priority is given to all parties. I recommend a 40:40:20 or 50:30:20 formula to give your investment a greater priority, while not neglecting the importance of savings and discretionary consumption.

The ratio you have used may be right for you. But it may not be right for everyone to make this specific ratio of 40:40:20 or 50:30:20 as a good plan. Because everyone's financial situation is not the same. Someone may have a stable income, family responsibilities may be very low, emergency fund may be strong. Another person may have the same amount of income but may have high medical expenses, all family members may be dependent on him, there may be risks of rent or irregular work. In this case, using the same ratio formula for both may lead to financial vulnerability for the second person later. Because even if the first person can increase his investment portion, the second person may need more cash protection.

So you can give specific numbers as an example but it does not mean that it will work well for everyone.

[Alonso_]

Where that line is drawn will likely vary from individual to individual, and surely one or to pay period of going overboard in one direction or another might not be enough to really make a difference, especially if we already have back up funds in place, yet it seems that the point that @ZeroVinsonN is making relates to guys who might constantly invest high portions of their discretionary funds into bitcoin without holding back any value for savings and/or discretionary consumption,  and he is arguing that those kinds of practices would end up going into the overaggressive category because it is unsustainable.  ZeroVinsonN assertion seems reasonable, even though guys can differ in their opinions in regards to how aggressive they are able to be without overdoing it.

people forget that the important thing is to have a plan that can be keep repeating for  many years, they only focus on buying bitcoin as much as possible. Putting all your discretionary funds into bitcoin, I don’t see it as sign of seriousness, I only see it as lack of financial management, because you leave nothing for small personal needs or unexpected emergency, that may cause them to sell bitcoin whenever they have financial problems and that goes against the rules of long term investment. but any plan that keep you accumulating bitcoin during good times and bad times is better than one that pushes your limit every month.

The best bitcoin investment strategy is one that you can stick with for the long haul, rather than a few months. It could be a we're all in it for the money type of commitment, but if you have no money to spare for emergencies or for day to day living, it could be problematic. It can frequently result in the wrong timing for trading Bitcoin, diminishing a long term strategy. A consistent DCA strategy, combined with sensible budgeting and having an emergency fund is much more sustainable and will help increase your Bitcoin holdings during bull and bear markets.

We just need to have a good plan of strategy that would definitely work out for us for the longest time, considering that we find DCA as a very comfortable strategy all we can do is stick with DCA, because that is a more sustainable strategy that would help us accumulate bitcoin for a very long term and also trying to stay positive as well, through this process we can also device other means of increasing our cashflow which would enable us accumulate bitcoin for a very long time, we can always plan for longevity by having other backup plans available with emergency funds and reserved funds to help every individual investors to be more comfortable with buying and accumulating bitcoin.

[Joeboy]

This is why I like a clearly defined ratio of dividing our discretionary income between our investment fund, savings and discretionary consumption to ensure adequate priority is given to all parties. I recommend a 40:40:20 or 50:30:20 formula to give your investment a greater priority, while not neglecting the importance of savings and discretionary consumption.

The ratio you have used may be right for you. But it may not be right for everyone to make this specific ratio of 40:40:20 or 50:30:20 as a good plan. Because everyone's financial situation is not the same. Someone may have a stable income, family responsibilities may be very low, emergency fund may be strong. Another person may have the same amount of income but may have high medical expenses, all family members may be dependent on him, there may be risks of rent or irregular work. In this case, using the same ratio formula for both may lead to financial vulnerability for the second person later. Because even if the first person can increase his investment portion, the second person may need more cash protection.

So you can give specific numbers as an example but it does not mean that it will work well for everyone.

Emjay24 may have been too fixed with the sharing formula, but then I don't think he isn saying that all folks must follow that same formula.. Infact I see those his figures more as guidelines rather than some strict rules that all investors must follow..Coz the truth remains that every investor financial situation differs( Just like you pointed out).. Some folks earn higher, while some others earn lower in an inconsistent manner.. And so each folks should be able to assess themselves to determine their financial and investment capacity and then invest... After allocating funds for investment and also consumption, emergency funds is also very important since it can help protect your investment especially in times of emergency... And so while investing, folks should also ensure they allocate money for they emergency saving...

[Rockstarguy]

people forget that the important thing is to have a plan that can be keep repeating for  many years, they only focus on buying bitcoin as much as possible. Putting all your discretionary funds into bitcoin, I don’t see it as sign of seriousness, I only see it as lack of financial management, because you leave nothing for small personal needs or unexpected emergency, that may cause them to sell bitcoin whenever they have financial problems and that goes against the rules of long term investment. but any plan that keep you accumulating bitcoin during good times and bad times is better than one that pushes your limit every month.

Because Bitcoin is a good investment, some people don't mind making a good plan to invest an amount they can afford; they only prefer to invest all the money they have with them. However, in Bitcoin investment, investing all the money one has does not guarantee success.

One must consider uncertainties that can occur, and it is essential to prepare for them. If an emergency arises, there is a greater chance that one might risk their Bitcoin investment by selling to address the situation. Investing all discretionary funds one has does not make someone a good investor; rather, planning how to handle emergencies that can affect one's investment is what makes one a good investor in Bitcoin.

[Primark]

Though profit is not guaranteed in a long-term investment, it is not wrong to expect making a profit after a long-term. Most investors in bitcoin do it for some major reasons which includes to protect the value of their money and also to make profit. So it is not wrong to want to make profit but what matters is, how soon do you want to make the profit? Did the investor also forget the aspect of protecting the value of their money? When a person gets too focused on profits, he gets distracted into investing beyond what he can allow until he will make profit. Let's not make it look like profit is not part of the deal because at the end if your investments does not bring profit, then what have you done for that long period of more than 10 years?

Bitcoin as an investment means that just like other investments like the real estate, there should be a higher chances of making profit in the future to be justified as an investment.

At the end I would say if you invest for for a period of 10 years and it yield no profit, that not an investment but Saving with risk.

Investment is called investment not on the basis of whether there is profit after a certain period of time, but perhaps its structure, ownership, expected risk and possible results. You may lose money after investing in a business, land or shares, but the decision before the loss does not suddenly turn into savings. Again, even if we buy Bitcoin and hold it for a long time, profit is not guaranteed. However, having uncertain results means that it is not just risky savings.

The main problem is that the investor assumes a guaranteed profit at the end of a certain period of time. It may be that you have planned for 10 years, but in 5 years you are forced to sell due to medical treatment, job loss or emergency. Then the problem here is not the result but you invested money that was not worth holding for a long time. Your long-term plan is good. But Bitcoin, although it can handle the effects of short-term volatility in the long term, does not give any sure promise. Therefore, you need to plan in such a way that forced selling is avoided.