PATIENCE IS NOT ENOUGH...

[Dreadboost]

For years bitcoin performance has captivated investors, painting the picture of an unstoppable asset, but an in-dept look at the data of the cryptocurrency market reveals a brutal reality, bitcoin future performance might not mirror the past. The acronical profits enjoyed by the early investors operating in an immature market has fundamentally changed,

Today the bitcoin market has reached a level of structural maturity that reduces the like hood of the initial incredible returns made by the early investors in btc, I considered the market mature because of the increase in investment by large institutions and regulated products like ETFs, with macroeconomic factors which reduce the the potential for huge profits for today's investors, this means relying on bitcoins unpredictable volatility for guaranteed profits can be considered as a gamble.

The point here is that investors should not be too excited about high returns because bitcoin is a speculative asset and is subjected to unpredictable price fluctuations. in the next ten years bitcoin might not be like it was in the past ten years and it might not be guaranteed to get you rich, but some investors treat it like that which will be very risky to your emotional health if it dos does not deliver the way you expect in years to come.

[Jawhead999]

The point here is that investors should not be too excited about high returns because bitcoin is a speculative asset and is subjected to unpredictable price fluctuations.

It's a logical fallacy to think Bitcoin won't bring high returns due to unpredictable price fluctuations.

If you want to high returns, you have to accept unpredictable price fluctuations, if not want unpredictable fluctuations, then expect for lower returns.

Since the last year, the fluctuations is no longer high anymore, it's quite stable.

So, it should be not hurt their emotional health because the fluctuations is lower than before.

[BIT-BENDER]

For years bitcoin performance has captivated investors, painting the picture of an unstoppable asset, but an in-dept look at the data of the cryptocurrency market reveals a brutal reality, bitcoin future performance might not mirror the past. The acronical profits enjoyed by the early investors operating in an immature market has fundamentally changed,

Don't worry about the profit made by early investors, if you are not an early investors you will only be wasting time thinking about what if you have known about Bitcoin early.
You are not in any competition with the early buyers on who will make more profit so that should not be your paramount concern for now.
The good thing is that you have now to keep on accumulating, if you are consistently accumulating and keeping your Bitcoin asset very safe then patience is all you need.

[letteredhub]

The point here is that investors should not be too excited about high returns because bitcoin is a speculative asset and is subjected to unpredictable price fluctuations.

It's a logical fallacy to think Bitcoin won't bring high returns due to unpredictable price fluctuations.

Bitcoin is a speculative asset due to its volatile nature but compared to other altcoins the volatility of bitcoin is relatively lower. And it's practically unheard of to lose investing on bitcoin for a long time despite the unpredictability design, the only time you can lose is doing it for short period and selling prematurely. Bitcoin can give high profit but that would depend on the size of your portfolio and the the number of circles you have hold your investment with.

[IceLincoln]

I don’t seem to get your point OP, from your title “Patience is not Enough”… what then is?

And you’re talking about bitcoin like it’s a course that’s dwindling or might spiral downwards, and calling a future investment in bitcoin as gamble. Man, I don’t think you know what you’re talking about, the fact that there are more institutional investors and ETFs are what will increase adoption and drive price up, also bringing a level of stability in the market. Bitcoin right now is a long game so therefore patience is essential with your investment.
Forget the early investors, you can still make good profits if you start now and hodl for a long term (5-10years).
We doubled what the price of Bitcoin was by this time last year and what’s to say we won’t experience more ATHs in the future.

[Zlantann]

Today the bitcoin market has reached a level of structural maturity that reduces the like hood of the initial incredible returns made by the early investors in btc, I considered the market mature because of the increase in investment by large institutions and regulated products like ETFs, with macroeconomic factors which reduce the the potential for huge profits for today's investors, this means relying on bitcoins unpredictable volatility for guaranteed profits can be considered as a gamble.

Bitcoin will always be profitable as long as the four-year cycle continues. There will always be a halving after four years, which will reduce supply, making the price go up. Maybe the profit might not be as it used to be.   

The point here is that investors should not be too excited about high returns because bitcoin is a speculative asset and is subjected to unpredictable price fluctuations. in the next ten years bitcoin might not be like it was in the past ten years and it might not be guaranteed to get you rich, but some investors treat it like that which will be very risky to your emotional health if it dos does not deliver the way you expect in years to come.

The fluctuation in the price of Bitcoin is the pathway to profiting. It means that the price will drop for investors to buy and it will appreciate for those who want to dispose of to sell and make a profit. Bitcoin price is unpredictable, hence you shouldn't expect much from it. Some people still believe that Bitcoin will get to $250k this year. For me my highest prediction is $150k because I dont want my expectations to be too high.

[EluguHcman]

I might agree with you that in the very long time maybe when  the total Blocks will be mined and adoption has reached it limits, there could be volatility consolidation where investors may not be so profitable as the earlier investors.

But the question is... Is there limit to adoption range? Of course not.  
Bitcoin being programmed to a 21 million supplies and with not up to 2% of global population adopted using Bitcoin now, that consolidation era where this speculations of Bitcoin not going to be profitable at that time of massive adoption will not o happen any moment soo.

Even if we have to reach an adoption limit, as long governments will print more cash and inflation keep up roaring, investors will still be demanded keep their values in potential source that can hedge against inflation. Therefore, Bitcoin price is unlimited. Are you also aware of the $1M speculations? Is it doubtful? I guess not. Maybe we have to stay alive and see how it goes on the unspecified long term.

[red4slash]

The point here is that investors should not be too excited about high returns because bitcoin is a speculative asset and is subjected to unpredictable price fluctuations. in the next ten years bitcoin might not be like it was in the past ten years and it might not be guaranteed to get you rich, but some investors treat it like that which will be very risky to your emotional health if it dos does not deliver the way you expect in years to come.

It is precisely with things like this that will make us excited to be in the long run. On the one hand, keep in mind that volatility is a characteristic that exists in bitcoin and when we want to be in bitcoin and invest in it then inevitably we have to accept that because it will be an impossible situation when our intentions are in the long run but do not want to accept the volatility that makes bitcoin fluctuate.

Indeed, we will not know what the future will be like, it's just that with what happened in the last 1 decade for bitcoin, it is clear that we will have enormous confidence in that the future will always be much better.
The point in this case is our readiness and mentality when we are not ready then from the start never be in bitcoin because it will actually make you doubt and when this situation occurs then it could be that your journey in bitcoin will be disrupted.

[Maslate]

This is why we should invest at our own risk. We should only invest using our discretionary income, otherwise if the market turns out far from our expectation, if the market crash more than we expected it to be, then we will left with a huge loss and countless regrets.

If you are new in the crypto market, you might be too confident and optimistic about the bright future of bitcoin. But if you are here like half or more than a decade, you will learn to adjust your expectations and control your emotions. You will realize already how good risk management works, most particularly in volatile investment like bitcoin.

[Dreadboost]

I don’t seem to get your point OP, from your title “Patience is not Enough”… what then is?

And you’re talking about bitcoin like it’s a course that’s dwindling or might spiral downwards, and calling a future investment in bitcoin as gamble. Man, I don’t think you know what you’re talking about, the fact that there are more institutional investors and ETFs are what will increase adoption and drive price up, also bringing a level of stability in the market. Bitcoin right now is a long game so therefore patience is essential with your investment.
Forget the early investors, you can still make good profits if you start now and hodl for a long term (5-10years).
We doubled what the price of Bitcoin was by this time last year and what’s to say we won’t experience more ATHs in the future.

I can see your having issues understand posts, its something you need to work on my friend, understand before replying. I clearly made a point that as an investor you dont have to be too excited to expect massive rewards from bitcoin like it did in the last few years past. Yes you will make rewards but you still have to be ready incase it dosent perform as expected for your own mental healt, so that you will not become too emotional and depressed incase the coin does not perform up to your personal expectations. Its no just a post it is an advice for investors to be calm and not to have a life changing expectations because bitcoin is a speculative asset and it is not an investment of guranteed life changing profits, you invested at your own risk.

The topic says "PATIENCE IS NOT ENOUGH" as an investor you have patience to wait for years for the profits that the coin has to offer but at the same time the patience you excersie does not guarantee you making expected profit simply because bitcoin might not perform to your expectation. One might say "IN THE NEXT TEN YEARS I WILL BECOME A MILLIONAIRE  BECAUSE OF BITCOIN" what if it does not make you a millionaire in the next ten years? Of cause you where patient enough to wait but still yet it might not give you the rewards that you expect. At that point will your emotions still be stable? That is simply the reason why i made the topic Your patience is not enough.

[Smartvirus]

For years bitcoin performance has captivated investors, painting the picture of an unstoppable asset, but an in-dept look at the data of the cryptocurrency market reveals a brutal reality, bitcoin future performance might not mirror the past. The acronical profits enjoyed by the early investors operating in an immature market has fundamentally changed,

While I might agree that a lot has changed, I don’t very much settle in on the fact that, new investors might not enjoy the staggering profits enjoyed by pioneer investors and why you might think patience don’t go. In fact, patience works a very big deal here. Now, the market isn’t paced as it was in terms of ROI and that’s because of the population that are now invested in Bitcoin today. While pioneer investors might have had to wait a decade, you now have to hodl for several decades.

Today the bitcoin market has reached a level of structural maturity that reduces the like hood of the initial incredible returns made by the early investors in btc, I considered the market mature because of the increase in investment by large institutions and regulated products like ETFs, with macroeconomic factors which reduce the the potential for huge profits for today's investors, this means relying on bitcoins unpredictable volatility for guaranteed profits can be considered as a gamble.

It is far from maturity because, we still have projections of Bitcoin into a million in dollars. The price as it is remains far fetched from that number. Let’s not forget, it’s just 21million Bitcoins with a good volume of it lost and majority of the world don’t still own fractions of Bitcoin which means, this can only be compensated for in the pricing of Bitcoin and what we have now isn’t it.

[Finestream]

There is no point of investing when you lack the trust and confidence over you investment asset. Yes, we're already there that bitcoin is still a speculative asset and no one can tell what will be its exact future, that's why we need to learn how to manage our risk and control our emotions. Patience isn't really enough, you need to know how bitcoin works and how the market works. Because of that, you have the high chances to control your investment outcome, because you know your investment well despite how speculative it is.

[boyptc]

The point here is that investors should not be too excited about high returns because bitcoin is a speculative asset and is subjected to unpredictable price fluctuations.

Bitcoin has always been volatile and unpredictable. And I think it's a good thing to put that in the minds of every investor that no matter how secured the fundamentals and adoption that we're seeing.

Still, that doesn't change as Bitcoin's characteristics.

in the next ten years bitcoin might not be like it was in the past ten years and it might not be guaranteed to get you rich, but some investors treat it like that which will be very risky to your emotional health if it dos does not deliver the way you expect in years to come.

We will never know.

But I think that there's more room to grow for Bitcoin by that time because the money that's flowing in the world isn't yet into Bitcoin.

However, that's a good reminder that we should always take care of ourselves and mental health and stop being emotionally.

[Patikno]

Bitcoin is becoming increasingly rare. Bitcoin is becoming increasingly popular. Adoption is starting to spread worldwide. Companies, countries, or institutions are already eyeing Bitcoin. Bitcoin has recovered quickly after experiencing a decline in value. There are many more reasons to trust Bitcoin, especially in the long term. So, I think patience is the key. No one feels a loss from holding Bitcoin for a long time. Have you ever heard of it? I don't think so. Essentially, I believe those who doubt Bitcoin will regret it later. They can only speculate in the end.

[kotajikikox]

For years bitcoin performance has captivated investors, painting the picture of an unstoppable asset, but an in-dept look at the data of the cryptocurrency market reveals a brutal reality, bitcoin future performance might not mirror the past. The acronical profits enjoyed by the early investors operating in an immature market has fundamentally changed,

Don't worry about the profit made by early investors, if you are not an early investors you will only be wasting time thinking about what if you have known about Bitcoin early.
You are not in any competition with the early buyers on who will make more profit so that should not be your paramount concern for now.
The good thing is that you have now to keep on accumulating, if you are consistently accumulating and keeping your Bitcoin asset very safe then patience is all you need.

Due to bitcoin’s limited supply, it’s only natural to want to compete and compare. But past is past and while it’s helpful at times to study the history we should also look forward and make some steps for progress.

[Kelvinid]

You wouldn't be investing in bitcoin if you aren't aware of its high fluctuations. Everyone should know about it, and should accept that any time a bullish market will turn into a bearish market, because these cycles make the nature of bitcoin investment. If you are not prepared to see your investment's price dropping in value, then you are not meant to invest in bitcoin. That's simple as that.

Bitcoin is not all about patience and risk management, but its more than how you know your investment well, and how you will navigate it to the most successful outcome.

[Yamifoud]

For years bitcoin performance has captivated investors, painting the picture of an unstoppable asset, but an in-dept look at the data of the cryptocurrency market reveals a brutal reality, bitcoin future performance might not mirror the past. The acronical profits enjoyed by the early investors operating in an immature market has fundamentally changed,

Don't worry about the profit made by early investors, if you are not an early investors you will only be wasting time thinking about what if you have known about Bitcoin early.
You are not in any competition with the early buyers on who will make more profit so that should not be your paramount concern for now.
The good thing is that you have now to keep on accumulating, if you are consistently accumulating and keeping your Bitcoin asset very safe then patience is all you need.

True. Bitcoin performance is never constant. One should never compare about its past and its present, because history won't have guarantees to repeat itself. The important thing is, you have already make an edge to enter bitcoin investment. That's up to you how you will maximize its outcome. But one thing is certain, if you don't quit, you will definitely become a gainer. But if you lost patience along the way, you will surely lose and make future regrets.

Bitcoin remains a speculative asset, so one must exercise high risk management.

[Vaculin]

This is why we should invest at our own risk. We should only invest using our discretionary income, otherwise if the market turns out far from our expectation, if the market crash more than we expected it to be, then we will left with a huge loss and countless regrets.

If you are new in the crypto market, you might be too confident and optimistic about the bright future of bitcoin. But if you are here like half or more than a decade, you will learn to adjust your expectations and control your emotions. You will realize already how good risk management works, most particularly in volatile investment like bitcoin.

The safest option is to invest at our own risk so we don't have to worry if our current investment turn into losses. That should be the proper mindset towards a volatile type of investment, by being open-minded on what will be the future outcome, simply because its highly a speculative asset. And being patient is still a big factor, though it cannot do a lot unless we know exactly how to navigate our investment well and bring a positive outcome.

[Pumpsta]

It's a logical fallacy to think Bitcoin won't bring high returns due to unpredictable price fluctuations.

I think the guy’s point was that you shouldn’t be too excited about profits because they can turn into losses really quick with fluctuations

[TheUltraElite]

I could say the same thing a few years back and still be wrong because of the price today. When it was 10k people thought we had reached the maximum possible price but then 20k and then 30k and eventually 50k was crossed.

The problem is that investors cannot comprehend that bitcoin price will in fiat will be ever increasing and not decreasing only for short periods of time.

So if you are looking for a quick flip you will be disappointed but in the long term seeing bitcoin rise from 500$ to 100k$ is surely a place to put the money in.