. So it is indeed better to forget about that and focus on long-term investing, which guarantees profits with a very high percentage. It's easy and simple, so I think we don't need to think about other ways anymore.
Bitcoin investment doesn't guarantee you profit in the long run even though, the odd of bitcoin price moving uptrend is higher than moving downtrend. The future is full of uncertainties and nobody knows what will happen tomorrow which is the main reason why you are advised to invest with the amount of money that you can afford to lose and don't depend solemnly only on your bitcoin portfolio in future so that if the price of bitcoin goes against you, you wouldn't give up in life and feel you have lost everything you invested into bitcoin.
Your bitcoin investment should be your secondary option to tap from in future when you need funds and don't use your bitcoin investment as your primary hope in future because no one knows what the future lies for bitcoin. Invest with your discretionary income and hope for the best performance of bitcoin in future but not putting all your life on it.
How can you say that Bitcoin investment does not guarantee us profit in the future? If it doesn't then what are we doing here?
If you think that bitcoin profits are guaranteed, you are likely to make mistakes.
The future of anything is not guaranteed.
Probably some of us are able to see bitcoin as an asymmetric bet to the upside which means that if you don't leverage then the most that you could lose is 100%... Yes, we could lose 100%, yet that might be a low probability, but it is not zero.
There are a lot of desperate folks in government, traditional financial institutions and status quo rich who would love to kill bitcoin, since bitcoin disrupts the status quo and also disrupts how some folks have been stealing (disproportionately benefitting) from various aspects of status quo systems, whether through the Cantillon effect or various other ways that perversion of the money has also contributed to various formally acceptable forms of perversion for the rich and likely undeserving to benefit from their various moral failings.. .such as gambling with public money to benefit from the upside and to socialize the downside.
The future is not guaranteed, yet when guys bet on bitcoin (or invest into it), there are likely allocations into bitcoin versus other places that value can be placed in accordance views of future probabilities rather than an ability to see the future and also likely allocations in accordance with
individual factors.
It is on your Kelward if you believe that you are guaranteed some level of future profits, when you are not.
Bitcoin has proven from it's past circles that it has the potentials to always reach ATH and that is the guarantee or assurance that we have that it's a store of value.
Past performance does not guarantee future performance.
Sure past performance shows evidence of fundamentals, and price performance is a product of a variety of factors including knowns and unknowns... which also include human behavior in the presence and in the future. You think that bitcoin is impervious to human action.
Sure, bitcoin is likely one fo the most decentralized systems in existence, but it is not 100% decentralized and it is not completely removed from human action.
Guarantee is not something that must definitely happen, it's not something that is 100% certain that it must happen, it is an assurance that it has the potential to happen.
Even if something has a high likelihood of happening, like 99%, that would not be 100%. If you use the term guaranteed that means 100%.
You are playing around (and misleading yourself and others) to try to proclaim guaranteed does not mean 100%.. you are also likely misleading yourself and others when you giving a wink and saying that 90% really means 100%..
And, you are probably failing/refusing to account for all kinds of scenarios in which bitcoin does not succeed as much as you would like on various timelines that you might select.. yet, you still to proclaim some aspect of bitcoin is "guaranteed?"
I don't like to waste my money even if it is amount that I can afford to loose, if I don't believe that Bitcoin can give me profit in the future I will not be doing DCA month after month.
You might be investing too much if you are investing based on a guaranteed, and sure each of us has to figure out how much we want to invest our time, energy and/or value to any asset.
The answers are not clear, and anyone who goes 100% into any view of the future is likely to get himself into trouble at one point or another.
I would suggest that it is better to have your language and action match up rather than speaking in terms of fantasies, but hey, you are free to do what you like.
I personally continue to think that bitcoin is likely the best place to put time, energy and value, yet I don't have 100% in bitcoin, and maybe you are going to say that is too bearish.
Each of us is free to elect and to act upon our beliefs, yet from my perspective some level of balance seems way better than black and white vision and going about your life with an all-in approach. That seems suicidal, to me, even though you are free to choose your level of aggressiveness when it comes to bitcoin and/or anything else, and if you end up overdoing it, then you ONLY have yourself to blame for your chosen actions (and/or your chosen way of thinking and/or talking about bitcoin).
A product that you buy and you're given warranty is same as giving you guarantee about the product, both are promise that the product is durable,
Holy shit Kelward. Your example is becoming even more retarded.
Bitcoin is not a product in the same sense as if you were buying an Iphone or a flashlight or a pair of shoes. The manufacturer can guarantee you that they are intended for their stated purpose and give you your money back or exchange for new.... and for sure, anyone with any level of common sense should be able to recognize and appreciate that bitcoin is not even close to that.
Bitcoin is something that you figure out for yourself the extent to which you want to risk or that you believe that its odds are going up are greater than your odds of going down, and that Satoshi is not going to show up an rug pull any of us who bought.
it's not a definite assurance that the product can never fail. Bitcoin guarantee which is assurance like a promise that you can trust it not to disappoint you on the long term but it doesn't mean that it is immune to risks.
You either have bad thoughts about bitcoin or you suck in your ways of expressing your thoughts... and in the end you seem to be recognizing that bitcoin is not guaranteed.. but you likely are putting way higher odds on it going up than it deserves... and hopefully you are managing your finances without getting as carried away in your actions as your words would seem to reflect.