How many times we will make the same mistake? - History repeats Again & Again!

[oktana]

I am not sure if I will also be around after a decade but it is said that time is likely the safest speculation that Bitcoin will hit a million dollars.

But we do not know how this cycles that keep on changing every time we are on it. It might be quicker for the next few years and cycles to come and we might get too close to it.

I'll hold but I won't miss to sell because that's how it should go and we have to enjoy taking profits.

What do you mean by not so sure you’ll be around after a decade? Anyways, Bitcoin will take a longer time to reach that price you talk of. It was easier for Bitcoin when it was worth a lot less than now it is worth as much as $57k. Half a million may be seen as just 10x of the current price, but that’s a lot

Edit: I thought you meant half a million but you get the point.

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

Yes, know that all investments are going to prosper if they are given enough time to grow. So investing in all of them will be a perfect idea as long as you have all the resources to make it possible. However, allocate the biggest funds for bitcoin as we all know it’s more capable to give us the highest rate of returns, but still invest with caution. All investments have their definite risks, we just have to know how high our tolerance risk will be.

Of course. One didn’t know better before now. With the knowledge of Bitcoin, of course it should take the higher investment amount since it has done beyond what the others can ever do.

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[Russlenat]

The future's a mystery, even for crypto. Bitcoin might moonwalk to Mars, or, you know, not. Past wins don't guarantee future trophies. Investing is all about taking calculated risks, but don't go YOLO like it's the last pizza slice. Research, understand Bitcoin's wild swings, and only invest what wouldn't make you cry if it vanished faster than a magician's rabbit. FOMO is real, but don't let it cloud your judgment.

Putting all your eggs in one basket, even a shiny Bitcoin basket, ain't the smartest move. Spread things out across different investments like stocks, bonds, maybe even a real estate taco stand – diversification is your friend. Regretting missed opportunities stings, but dwelling on it won't help. Learn from it, do your research, and make informed choices for the future. New opportunities pop up like mushrooms after a rain, so don't get stuck in the "what if" trap.

Nothing is certain in this world, as they can be profitable today but suddenly lost their value tomorrow. Even bitcoin can drop to zero value when we least expect it. Same goes with other investments as well. However, if you know how to utilize your funds in those highly potential investments, you can still be in great benefits in the future. Diversification is the key. Be open to all great investments around you and DYOR. That’s the only way you will know how to handle and manage its individual risks, and never put all your eggs in one basket, but diversify.

[JayJuanGee]

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

If you account for the debasement of the dollar, you likely are not making money in all, especially in real terms rather than nominal terms.

Bitcoin has ongoing good chances to keep up with the debasement of the dollar and also to outperform the dollar's level of persistent, consistent and inevitably ongoing debasement.  Good luck if you are investing in that other stuff.

I know that Bitcoin definitely does better (even asides the dollar debasement) but I think that at least, the other investments at least gives some fair gain. If you say it doesn’t because of dollar debasement, that means you’re saying that so far, people who have invested in Gold for the past 10 years has technically earned nothing? Or did I get it wrong?

When ever an asset only has nominal gains and it does not have real gains, then they have not earned (or gained) anything in terms of the cost of living of things that they could purchased, but they did better than keeping their value in dollars.

I am not sure if I will also be around after a decade but it is said that time is likely the safest speculation that Bitcoin will hit a million dollars.

But we do not know how this cycles that keep on changing every time we are on it. It might be quicker for the next few years and cycles to come and we might get too close to it.

I'll hold but I won't miss to sell because that's how it should go and we have to enjoy taking profits.

What do you mean by not so sure you’ll be around after a decade?

He means that when it comes to bitcoin, he is a weak hand, and he does not have confidence in it as an investment that will continue to gravitate value into it.

Most likely he does not understand bitcoin very well, and sure if there is some time in which bitcoin seems that it is losing the strength of its investment thesis, then we could get out of it if we can see that in advance. 

if we believe that bitcoin has decently good chances of going to zero all of a sudden or suffering some other kind of sudden crash in value in which we would not be able to get out our value, then we should modify our position size to account for those kinds of possible scenarios.. .that does not mean all or nothing in bitcoin, but still people can choose their position size and some people will end up benefiting more from the ongoing wealth transfer from no-coiners to coiners than others... and your ability to be on the receiving side rather than the losing side may well have to do with your actually having some coin..  Your choice regarding how much of a position size you believe to be a valid trade off, even if you have doubts in the strength of bitcoin's long term investment thesis.

Anyways, Bitcoin will take a longer time to reach that price you talk of. It was easier for Bitcoin when it was worth a lot less than now it is worth as much as $57k. Half a million may be seen as just 10x of the current price, but that’s a lot

Edit: I thought you meant half a million but you get the point.

It is possible, with varying degrees that bitcoin could have a top anywhere between $57k and $2 million plus - of course with varying levels of probabilities for each of the price points, and surely the top of this cycle could help inform what might be the range of possibilities for the next cycle, and part of the benefits of any asymmetric bet is that if you do not leverage, then you are only going to lose, at most, 100% of what you had invested.  So it is your choice if you allocate 5% to 25% of your investment portfolio into it (which seems prudent) or some other amount, or not at all.. and then live with the consequences.. and yeah if you  don't invest now, then you can choose to invest later, if bitcoin is still around by that later time that you might reconsider the matter.

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

Yes, know that all investments are going to prosper if they are given enough time to grow. So investing in all of them will be a perfect idea as long as you have all the resources to make it possible. However, allocate the biggest funds for bitcoin as we all know it’s more capable to give us the highest rate of returns, but still invest with caution. All investments have their definite risks, we just have to know how high our tolerance risk will be.

Of course. One didn’t know better before now. With the knowledge of Bitcoin, of course it should take the higher investment amount since it has done beyond what the others can ever do.

One of the positive aspects of a strong asymmetric bet is that you do not necessarily need to invest a lot in order to potentially benefit a lot, but I still think that a 5% of an allocation is on the low end of recommendable and anything up to 25% is reasonable for a beginner.  Of course, anyone can choose to go outside of that range to be more whimpy or to be more aggressive in terms of their chosen allocation.

[radjie]

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

Yes, know that all investments are going to prosper if they are given enough time to grow. So investing in all of them will be a perfect idea as long as you have all the resources to make it possible. However, allocate the biggest funds for bitcoin as we all know it’s more capable to give us the highest rate of returns, but still invest with caution. All investments have their definite risks, we just have to know how high our tolerance risk will be.

Bitcoin price movements are quite mainstream, sometimes it can provide quite a large return on the investment we make in it, and vice versa, we can easily lose the money we invest if we don't have the patience to hold it.  No one knows for sure the price of Bitcoin in the future, what is clear is that many people hope that their investment in Bitcoin will provide profits in the future.  Of course, all forms of investment definitely have risks, it all depends on self-confidence to be able to face all the risks.

[MarjorieZimmermanGinger]

Maybe 10 years from now in 2034 someone will be doing this same calculation, that 10 years ago in 2024 if we bought Bitcoin we would have made 34600% profit. At that time maybe the price of Bitcoin will rise at 8 digits! Maybe I won't be around then but Bitcoin will be fine.

Everyone has been in a state of doubt and that is normal because volatile assets can rarely make up for what Bitcoin has achieved. We have passed the best moment in bitcoin and maybe ten years ago we didn't think bitcoin would achieve the long rally it has now. Now what we need to do is continue to collect and even though the current rally cannot bring us maximum profits, there is a next rally that we can take advantage of. That's the same as someone's view ten years ago with our thinking now.

I will never regret the delay, but I will really regret it if today I haven't bought the amount of bitcoin that I can afford. Confidence is increasingly being formed in investing in bitcoin and our job is only to try to increase the number of holdings, if we haven't started yet then it would be best to set standards so that the elements of purchasing responsibly are met.

[oktana]

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

If you account for the debasement of the dollar, you likely are not making money in all, especially in real terms rather than nominal terms.

Bitcoin has ongoing good chances to keep up with the debasement of the dollar and also to outperform the dollar's level of persistent, consistent and inevitably ongoing debasement.  Good luck if you are investing in that other stuff.

I know that Bitcoin definitely does better (even asides the dollar debasement) but I think that at least, the other investments at least gives some fair gain. If you say it doesn’t because of dollar debasement, that means you’re saying that so far, people who have invested in Gold for the past 10 years has technically earned nothing? Or did I get it wrong?

When ever an asset only has nominal gains and it does not have real gains, then they have not earned (or gained) anything in terms of the cost of living of things that they could purchased, but they did better than keeping their value in dollars.

I totally understand and get your point. However, I am asking if you can/will explicitly say that people who invested in Gold has made no gain? I mean… I don’t expect you to because the reason we look at gold the way we do now is that Bitcoin has created history and has made gold look even slower than it is.

Anyways, Bitcoin will take a longer time to reach that price you talk of. It was easier for Bitcoin when it was worth a lot less than now it is worth as much as $57k. Half a million may be seen as just 10x of the current price, but that’s a lot

Edit: I thought you meant half a million but you get the point.

It is possible, with varying degrees that bitcoin could have a top anywhere between $57k and $2 million plus - of course with varying levels of probabilities for each of the price points, and surely the top of this cycle could help inform what might be the range of possibilities for the next cycle, and part of the benefits of any asymmetric bet is that if you do not leverage, then you are only going to lose, at most, 100% of what you had invested.  So it is your choice if you allocate 5% to 25% of your investment portfolio into it (which seems prudent) or some other amount, or not at all.. and then live with the consequences.. and yeah if you  don't invest now, then you can choose to invest later, if bitcoin is still around by that later time that you might reconsider the matter.

I also believe that it possible, I just don’t see it as easy as it had been when Bitcoin was way cheaper and easy to afford. Let’s see how it unfolds, for the least, I expect Bitcoin to go way higher but no one knows how high that could be.

[Onyeeze]

Even the investment in real estate management wouldn't have been the best option, because it depends on how lucrative is the environment of the real estate...their is some real estate that over ten years their is no improvement of development in such environment, remember that profit of someone who is into real estate management commence when their is a serious development in such area, but a situation whereby theirs no serious development of that area I think that you will get loss by now, sometimes their is some site of landed property that continues to depreciate instead of appreciate

For bitcoin, bitcoin is like investment or a project that many people get adopt every day that's is why the value get more changes at a point of new year, so investing in bitcoin is something that we have to understand that it will be more productive to us than investing on what losses value every year, bitcoin doesn't lose value but it adds value and also fluctuates at same time of battling value increase or decrease

[GreatArkansas]

I am not sure if I will also be around after a decade but it is said that time is likely the safest speculation that Bitcoin will hit a million dollars.

But we do not know how this cycles that keep on changing every time we are on it. It might be quicker for the next few years and cycles to come and we might get too close to it.

I'll hold but I won't miss to sell because that's how it should go and we have to enjoy taking profits.

You still can't guarantee it because we already experienced it, before no one is expecting that the current Bitcoin price we have right now is what we will experience.
Bitcoin is unexpected so we must be always prepared.
We need to consider a lot of things now especially since we already have a lot of volume, a lot of people already know Bitcoin, etc.

[SeriouslyGiveaway]

Everyone has been in a state of doubt and that is normal because volatile assets can rarely make up for what Bitcoin has achieved. We have passed the best moment in bitcoin and maybe ten years ago we didn't think bitcoin would achieve the long rally it has now. Now what we need to do is continue to collect and even though the current rally cannot bring us maximum profits, there is a next rally that we can take advantage of. That's the same as someone's view ten years ago with our thinking now.

I will never regret the delay, but I will really regret it if today I haven't bought the amount of bitcoin that I can afford. Confidence is increasingly being formed in investing in bitcoin and our job is only to try to increase the number of holdings, if we haven't started yet then it would be best to set standards so that the elements of purchasing responsibly are met.

Currently, I am seeing the atmosphere of buying Bitcoin busier than ever. Not only from retail investors, but also from huge demand from large organizations as well as ETF funds. This bull cycle of Bitcoin may go beyond our imagination. I have seen that many people out there, after going through many long months of downtrend, have tortured their psychology, making them always want to sell when Bitcoin grows. This is not wrong, taking profits is never wrong in investing, but on the condition that you will not reinvest again for a long time, otherwise they may have to buy Bitcoin back at a higher price. They are unintentionally trained to have a "locking in gains" mentality without them knowing, because during the downtrend period, if they do not "locking in gains" when there is a profit, the price will turn down immediately afterward. I still have a small amount of money left for buying Bitcoin, I will allocate it all in the near future.

[rodskee]

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

Yes, know that all investments are going to prosper if they are given enough time to grow. So investing in all of them will be a perfect idea as long as you have all the resources to make it possible. However, allocate the biggest funds for bitcoin as we all know it’s more capable to give us the highest rate of returns, but still invest with caution. All investments have their definite risks, we just have to know how high our tolerance risk will be.

Bitcoin price movements are quite mainstream, sometimes it can provide quite a large return on the investment we make in it, and vice versa, we can easily lose the money we invest if we don't have the patience to hold it.  No one knows for sure the price of Bitcoin in the future, what is clear is that many people hope that their investment in Bitcoin will provide profits in the future.  Of course, all forms of investment definitely have risks, it all depends on self-confidence to be able to face all the risks.

every investment in the world has the same attitude what is important here is that we know
how to handle , and with this try to never seek for bigger returns not unless you are confident about the
coin you are investing but when we are talking about bitcoin then for sure you are facing better return
for longer term of holding.

[JayJuanGee]

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

If you account for the debasement of the dollar, you likely are not making money in all, especially in real terms rather than nominal terms.

Bitcoin has ongoing good chances to keep up with the debasement of the dollar and also to outperform the dollar's level of persistent, consistent and inevitably ongoing debasement.  Good luck if you are investing in that other stuff.

I know that Bitcoin definitely does better (even asides the dollar debasement) but I think that at least, the other investments at least gives some fair gain. If you say it doesn’t because of dollar debasement, that means you’re saying that so far, people who have invested in Gold for the past 10 years has technically earned nothing? Or did I get it wrong?

When ever an asset only has nominal gains and it does not have real gains, then they have not earned (or gained) anything in terms of the cost of living of things that they could purchased, but they did better than keeping their value in dollars.

I totally understand and get your point. However, I am asking if you can/will explicitly say that people who invested in Gold has made no gain?

You are going to have to figure that out yourself.

From my understanding gold had a pretty decent rise between about 2000 and 2011, and it has been pretty stagnant since then, so even if you have nominal gains in gold since 2011, you have not experienced real gains since the dollar has largely debased by a similar amount.

In regards to bitcoin, gold has been performing pretty badly, and you can zoom in and out of this timeline

https://www.longtermtrends.net/bitcoin-vs-gold/

right now it takes more than 200 oz of gold to buy 1 BTC, and sure there are ups and downs, but the trend surely looks like gold is losing out to bitcoin, and so the question about whether you need any gold in your portfolio is surely questionable.... especially for anyone who might not even know how to deal with gold (referring to physical gold).. Of course, there is paper gold  which would give you supposed price exposure to gold.. .. and so it is your choice if you think that you need more than a few percentage in your investment portfolio.. and surely bitcoin should probably between 5% and 25% for beginners,

and then you have to figure out how to deal with gainz and whether to reallocate, which is not necessarily smart to reallocate your winners into your losers.. so there are many folks (including yours truly) who are heavily weighted into bitcoin based on largely a conservative allocation into bitcoin, but then when bitcoin gains against everything else, then it becomes a disproportionately large portion of your overall investment portfolio, so then you have to figure out how to (or if) to reallocate.  I do very little reallocation, even though I do shave some off of the top, which is a form of reallocation, but it tends to not be a lot..

I mean… I don’t expect you to because the reason we look at gold the way we do now is that Bitcoin has created history and has made gold look even slower than it is.

Bitcoin is eating gold's lunch and it is going to continue to eat gold's lunch.

Bitcoin is probably around 1,000x better than gold, even though it is right around 1/12th the size of gold.

Sure, it could take 50 to 200 years before bitcoin reaches its fair market value as compared to gold, yet you still have to make a decision on a personal level regarding your allocations and how much you want to keep in gold and if you want to complain about the trends that are likely going to continue. and it might even get worse in terms of more and more folks (individuals, institutions and governments) dropping gold and adding bitcoin.

Anyways, Bitcoin will take a longer time to reach that price you talk of. It was easier for Bitcoin when it was worth a lot less than now it is worth as much as $57k. Half a million may be seen as just 10x of the current price, but that’s a lot
Edit: I thought you meant half a million but you get the point.

It is possible, with varying degrees that bitcoin could have a top anywhere between $57k and $2 million plus - of course with varying levels of probabilities for each of the price points, and surely the top of this cycle could help inform what might be the range of possibilities for the next cycle, and part of the benefits of any asymmetric bet is that if you do not leverage, then you are only going to lose, at most, 100% of what you had invested.  So it is your choice if you allocate 5% to 25% of your investment portfolio into it (which seems prudent) or some other amount, or not at all.. and then live with the consequences.. and yeah if you  don't invest now, then you can choose to invest later, if bitcoin is still around by that later time that you might reconsider the matter.

I also believe that it possible, I just don’t see it as easy as it had been when Bitcoin was way cheaper and easy to afford. Let’s see how it unfolds, for the least, I expect Bitcoin to go way higher but no one knows how high that could be.

Of course, no one knows how high bitcoin might go, but you still can think about your own allocation and realize that the most that you can lose is 100% of what you allocated to bitcoin.. so if you are thinking that we are top heavy right now, then maybe instead of investing $100 per week, you invest $10 per week and wait for a correction, and if a correction does not happen, then you may well be regretting that you were overly whimpy.  There are consequences to action and there are also consequences to inaction.

Anther thing is that there might have been guys who were buying a lot of bitcoin between $50k and $70k in 2021, and maybe they ended up front loading their investment (and lump summing), and I would call them dummies if they had a lot of conviction in 2021, but they failed/refused to continue buying throughout 2022 and maybe into 2023, and depending on how much they had front loaded, at some point they would have had gotten back into profits, especially in the last several months, maybe even going back to October 2023 - and it has been pretty much straight up since October 2023, absent a few smaller 10% ish corrections and ONLY 1 correction from $49k to $38.5k.. so I would expect even a few bumps in the road like that should not have had shaken confidence if someone is actually committed and maybe not investing more than they can lose - even if they might have started out by buying fairly BIGgly during some of the relative tops of 2021.

I personally don't valuate BTC based on tops, but instead by bottoms, and surely if you look at BTC bottoms, we have had ongoing moving up of the 200-Week moving average through all of BTC's history, even if we had the lowest level of its growth between mid 2022 and late 2023 with ONLY around 20% annualized during that time, which you can see in my entry-level fuck you status chart.

[stomachgrowls]

You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.

Yes, know that all investments are going to prosper if they are given enough time to grow. So investing in all of them will be a perfect idea as long as you have all the resources to make it possible. However, allocate the biggest funds for bitcoin as we all know it’s more capable to give us the highest rate of returns, but still invest with caution. All investments have their definite risks, we just have to know how high our tolerance risk will be.

Bitcoin price movements are quite mainstream, sometimes it can provide quite a large return on the investment we make in it, and vice versa, we can easily lose the money we invest if we don't have the patience to hold it.  No one knows for sure the price of Bitcoin in the future, what is clear is that many people hope that their investment in Bitcoin will provide profits in the future.  Of course, all forms of investment definitely have risks, it all depends on self-confidence to be able to face all the risks.

every investment in the world has the same attitude what is important here is that we know
how to handle , and with this try to never seek for bigger returns not unless you are confident about the
coin you are investing but when we are talking about bitcoin then for sure you are facing better return
for longer term of holding.

When it comes to investment then it all matters about risk taking and this is something that do really differ into each person since not all would really be sharing up on the same level of risk management on which there are ones who could really be able to take up such risks and there are ones who cant really be able to afford and this is why people would really be missing out those opportunities just because
they are afraid on doing or losing money and this is why they wont really be taking such action. This is why it would really be that best that you should really be wary about the risks and its up to you
whether you would really be accepting it and bare with it or really just that simply hold their position and dont do any actions.

Missing opportunities? As it always be and its true that we do never ever learn. On the recent price increase, you would really be able to hear up the noise into the community or even
on social media on which people are really that eager on buying Bitcoin when its pumping. lol

[MarjorieZimmermanGinger]

Currently, I am seeing the atmosphere of buying Bitcoin busier than ever. Not only from retail investors, but also from huge demand from large organizations as well as ETF funds. This bull cycle of Bitcoin may go beyond our imagination. I have seen that many people out there, after going through many long months of downtrend, have tortured their psychology, making them always want to sell when Bitcoin grows. This is not wrong, taking profits is never wrong in investing, but on the condition that you will not reinvest again for a long time, otherwise they may have to buy Bitcoin back at a higher price. They are unintentionally trained to have a "locking in gains" mentality without them knowing, because during the downtrend period, if they do not "locking in gains" when there is a profit, the price will turn down immediately afterward. I still have a small amount of money left for buying Bitcoin, I will allocate it all in the near future.

We are on the moon now and bitcoin price has actually surpassed what we wanted as it broke its previous ATH. What was expected to happen and the maximum price increase made Bitcoin become the talk of many people again and now people are starting to see the great potential in Bitcoin. The large demand makes bitcoin increase and investors are ready to sell at the target price, the market will become greener in the last few days and in the future because there will be a big rush in the bitcoin market for some people who take advantage of it

This is truly extraordinary and if we had some money in the last few weeks then today we would have made a huge profit on the good price which is quite significant. Especially for those who have held bitcoin for a long time and the accumulated purchases are much cheaper so that when the price is at its highest it will produce maximum profits. We must be prepared to buy in larger quantities because there will be a next ATH at a much larger price.

[Kakmakr]

Now, even though it looks like this is a perfect motivasion for people to invest in Bitcoin, you still have to put everything into proper context, before you make this comparison.

Now, 10 years ago... Bitcoin was a very controversial topic and also not regulated and accepted in most countries, so the risk of buying bitcoins back then was a lot higher than what it is 10 years later.

Not a lot of people would have risked dumping money into something that was unregulated and not adopted and accepted by a lot of people.

[JayJuanGee]

Currently, I am seeing the atmosphere of buying Bitcoin busier than ever. Not only from retail investors, but also from huge demand from large organizations as well as ETF funds. This bull cycle of Bitcoin may go beyond our imagination. I have seen that many people out there, after going through many long months of downtrend, have tortured their psychology, making them always want to sell when Bitcoin grows. This is not wrong, taking profits is never wrong in investing, but on the condition that you will not reinvest again for a long time, otherwise they may have to buy Bitcoin back at a higher price. They are unintentionally trained to have a "locking in gains" mentality without them knowing, because during the downtrend period, if they do not "locking in gains" when there is a profit, the price will turn down immediately afterward. I still have a small amount of money left for buying Bitcoin, I will allocate it all in the near future.

We are on the moon now and bitcoin price has actually surpassed what we wanted as it broke its previous ATH. What was expected to happen and the maximum price increase made Bitcoin become the talk of many people again and now people are starting to see the great potential in Bitcoin. The large demand makes bitcoin increase and investors are ready to sell at the target price, the market will become greener in the last few days and in the future because there will be a big rush in the bitcoin market for some people who take advantage of it

This is truly extraordinary and if we had some money in the last few weeks then today we would have made a huge profit on the good price which is quite significant. Especially for those who have held bitcoin for a long time and the accumulated purchases are much cheaper so that when the price is at its highest it will produce maximum profits. We must be prepared to buy in larger quantities because there will be a next ATH at a much larger price.

If we are talking about dollars, bitcoin has not reached it's new ATH.

We got up to $64k today, and the ATH from November 2021 is $69k..

Bitcoin is reaching ATHs against various other currencies .. and likely those currencies had been weaker than the dollar in the last 2-ish years.

Now, even though it looks like this is a perfect motivasion for people to invest in Bitcoin, you still have to put everything into proper context, before you make this comparison.

Now, 10 years ago... Bitcoin was a very controversial topic and also not regulated and accepted in most countries, so the risk of buying bitcoins back then was a lot higher than what it is 10 years later.

Not a lot of people would have risked dumping money into something that was unregulated and not adopted and accepted by a lot of people.

You are correct.  For some, bitcoin is just becoming investable, both in terms of its market cap and also in terms of its gaining mainstream acceptability.  And, even with all of that, we are still early for anyone thinking that bitcoin is in a bubble or getting mature or any of that blah blah blah bullshit.

It is a little unfair to other assets, but this is where we are at, including that so many other assets have been corrupted by various dollar debt systems, which is harder to accomplish with bitcoin, even though surely folks are going to try to corrupt bitcoin in the same way.. and let's see how it goes... much still to be determined in bitcoin's early days (years) of existence.

[Chibit01]

But wait o I could remember around November 2021 that was exactly when bitcoin made an incredible growth rate in the market which was about $69k alot of people made a huge profit thinking is going to be permanent that was the hieght of bitcoin ATH before the downtrend of bitcoin...

Aftermost, People thinks that bitcoin will never rise again to such level again not until this year and before then alot is investor who could not bear it had to forge ahead to withdraw their bitcoin investment without think of profit because when you withdraw during a downtrend there will be no profit because the bitcoin value was drastically going downhill...

Currently bitcoin has surpassed all the coin again growing and flourishing to reach that level or even more than of that 2021 ATH because it is uptrend is so fast that it could go far more than the 2021 ATH today bitcoin is $64k making a great progress just with the last 4 months moving faster in the last 2 weeks to gets to this growth it is actually progressing making all the investors very happy and efficient with all their focus on their investments.....

Today almost every living thing on earth want to buy and invest in bitcoin because it actually making a huge progress accumulating alot of profit for the investors indeed bitcoin is just the most precious coin on the earth now...

[avp2306]

Even the investment in real estate management wouldn't have been the best option, because it depends on how lucrative is the environment of the real estate...their is some real estate that over ten years their is no improvement of development in such environment, remember that profit of someone who is into real estate management commence when their is a serious development in such area, but a situation whereby theirs no serious development of that area I think that you will get loss by now, sometimes their is some site of landed property that continues to depreciate instead of appreciate

For bitcoin, bitcoin is like investment or a project that many people get adopt every day that's is why the value get more changes at a point of new year, so investing in bitcoin is something that we have to understand that it will be more productive to us than investing on what losses value every year, bitcoin doesn't lose value but it adds value and also fluctuates at same time of battling value increase or decrease

That's major upset upon buying a real estate asset since you need to make sure that there are plans for urban developments on the land you bought since if nothing happens and it remains stagnant or no anything happening then this will be a waste of your money and time especially if you aim for that investment is to gain a profit for long term.

That's how beautiful of investing on bitcoin since the future is really good and there are a lot of good things still possible to happen so the potential to earn big by holding it for long years is really great. If we see statistics on the price each year we can say that there are great price changes which is good for all long term investors then for sure they are enjoying the profit generated on their investment.

[Barikui1]

Maybe 10 years from now in 2034 someone will be doing this same calculation, that 10 years ago in 2024 if we bought Bitcoin we would have made 34600% profit. At that time maybe the price of Bitcoin will rise at 8 digits! Maybe I won't be around then but Bitcoin will be fine.

Past events are not indicative of future performances. The price increase during the first ten years of Bitcoin cannot be replicated over the next decades. It was starting from zero then and had a huge ceiling to be able to grow. We are still early now but definitely not starting from zero; an increase of $34600% from this point should be putting 1BTC at around a billion dollars, that's not realistic, except a supersonic inflation hits and fiat currencies becomes almost valueless.

I 100% agree with you here because it was more easier for Bitcoin to do $34600% while in lower figures than for it to replicate that same feet at this current price it's already at, especially in a very short period of time like the ten years period of time, because I really don't see Bitcoin hitting a billion dollars in ten years time even though it's a very attractive asset to invest in.

[Chibit01]

Of course in year's to come bitcoin is going to 8 figures because the drastic growth 📈 of bitcoin is going into something else even to some people who fails to invest now and to have the knowledge of bitcoin investment will definitely live to regret it because bitcoin is going to a height that even the atmosphere do not understand......

But come to think of it why will a living in this generation won't think of bitcoin and it future because the later is going to be greater than the formal just like last year till today though it is a coin that has a downtrend sometimes but believe me bitcoin will always rise to a tremendous point that people who even withdraw during downtrend will also regret why this is a pure business you have to do with a high IQ and we all have to be expectant when bitcoin is mentioned because the future is near and very great

[tertius993]

In regards to bitcoin, gold has been performing pretty badly, and you can zoom in and out of this timeline

https://www.longtermtrends.net/bitcoin-vs-gold/

right now it takes more than 200 oz of gold to buy 1 BTC,

I snipped the rest, but there is something very wrong with that chart.

Gold is currently about $2,037 per ounce, so you need about 30 or 31 ounces of gold to buy one bitcoin (current price $62,900) not 200.