PATIENCE IS NOT ENOUGH...

[macson]

You don't get it OP, Bitcoin is volatile, very soon we will go into full bear market, Bitcoin can go down to 50k range again and build the next bottom at that price for months, when it is finally ready to move again we can see another ATH, go back to your chart and look very well, zoom out and watch the 2 months chart, you will see that Bitcoin always creates a new ATH.
-.-

You say that as if you can see the future with certainty, but it's all just speculation. There's no guarantee that Bitcoin will drop that low.

If Bitcoin drops to that level, it means a large number of Bitcoin holders are selling their assets, triggering such a sharp price drop. I find that unreasonable, considering that the majority of current Bitcoin holders are long-term investors who understand Bitcoin's potential.

So I don't see any potential for Bitcoin to drop to that price with Bitcoin's trend being so positive today.

[Raflesia]

What you said about the future may not be entirely wrong, because what we think is great today doesn't necessarily mean the future will be different, as we have no certainty about what the future will hold. However, when investing in Bitcoin, at least we still have faith that the future will be better.

This may seem forced, but ultimately, when faced with a risky situation like Bitcoin, this must be emphasized from the start as a form of self-confidence.
While there may be no certainty in the end, confidence is certainly paramount. In risky investments, especially long-term investments that we believe in, confidence must be cultivated from the outset.

[Reatim]

You don't get it OP, Bitcoin is volatile, very soon we will go into full bear market, Bitcoin can go down to 50k range again and build the next bottom at that price for months, when it is finally ready to move again we can see another ATH, go back to your chart and look very well, zoom out and watch the 2 months chart, you will see that Bitcoin always creates a new ATH.
-.-

You say that as if you can see the future with certainty, but it's all just speculation. There's no guarantee that Bitcoin will drop that low.

If Bitcoin drops to that level, it means a large number of Bitcoin holders are selling their assets, triggering such a sharp price drop. I find that unreasonable, considering that the majority of current Bitcoin holders are long-term investors who understand Bitcoin's potential.

So I don't see any potential for Bitcoin to drop to that price with Bitcoin's trend being so positive today.

bitcoin is a lot less volatile now because most of the investors understand that bitcoin is here to stay no matter what direction the market goes to it will always rise eventually so many investors make sure to keep holding

[CryptoBuds]

You don't get it OP, Bitcoin is volatile, very soon we will go into full bear market, Bitcoin can go down to 50k range again and build the next bottom at that price for months, when it is finally ready to move again we can see another ATH, go back to your chart and look very well, zoom out and watch the 2 months chart, you will see that Bitcoin always creates a new ATH.
-.-

You say that as if you can see the future with certainty, but it's all just speculation. There's no guarantee that Bitcoin will drop that low.

If Bitcoin drops to that level, it means a large number of Bitcoin holders are selling their assets, triggering such a sharp price drop. I find that unreasonable, considering that the majority of current Bitcoin holders are long-term investors who understand Bitcoin's potential.

So I don't see any potential for Bitcoin to drop to that price with Bitcoin's trend being so positive today.

Nothing is certain, but I want to remind you not to forget that Bitcoin dropped 32% just after the Trump tariff news in April, when Bitcoin fell from $109k to $74k in a short period. Something that no one believed was possible at the time. Likewise, just because you and everyone else don't believe it doesn't mean it won't happen. If the upcoming bear season turns out to be intense for reasons like recession, rising geopolitical tensions, the possibility of bitcoin price dropping to $50k or lower is entirely possible.

Nothing is certain, but everything is possible.

The market has matured significantly with the participation of large institutions like ETFs and institutions but that does not guarantee anything. Did they promise or assure you that they won't massively dump BTC if a black swan happens?

[Bitcoin_people]

~~
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.

We have seen from the past that Bitcoin is a volatile currency, its price is always volatile, yet we have the utmost faith in this currency. If you think so, you may not have much faith in Bitcoin, but I think Bitcoin will definitely be more volatile in the next 10 years and its price will rise higher. Moreover, the way the number of Bitcoin investors worldwide and big companies are increasing their reserves by investing in Bitcoin, Bitcoin will never do injustice to anyone. We can certainly predict that the price of Bitcoin will change in the coming days and make you richer, but it will never be risky, but it is reliable. If you think it is risky, then I think you should take a closer look at the market and Bitcoin, then you will understand that Bitcoin is not risky. But you have to be patient because volatility can be seen in the market, it is normal, the nature of Bitcoin is to fluctuate, in this case, if you are afraid of seeing it, there is no need to invest.

[OcTradism]

We have seen from the past that Bitcoin is a volatile currency, its price is always volatile, yet we have the utmost faith in this currency. If you think so, you may not have much faith in Bitcoin, but I think Bitcoin will definitely be more volatile in the next 10 years and its price will rise higher. Moreover, the way the number of Bitcoin investors worldwide and big companies are increasing their reserves by investing in Bitcoin, Bitcoin will never do injustice to anyone.

Volatillity is good for some people and bad for the others. In the same market, the majority of participants are the losers while the minority are the winners. Winners are people who can take advantage of high volatility for better entries and better withdrawals while losers are people who let high volatility makes them panic, FOMO and make bad decisions for their entries and withdrawals so they have losses in this market.

With long term investors, high volatility in the market can help them having lower average entry price even they apply Dollar Cost Averaging strategy. In the long term of holding their bitcoins, market volatility brings profit and you can see it clearly with Bitcoin yearly candle chart and the Bitcoin ROIs over years.
https://charts.bitbo.io/yearly-candles/
https://casebitcoin.com/

[Smack That Ace]

You don't get it OP, Bitcoin is volatile, very soon we will go into full bear market, Bitcoin can go down to 50k range again and build the next bottom at that price for months, when it is finally ready to move again we can see another ATH, go back to your chart and look very well, zoom out and watch the 2 months chart, you will see that Bitcoin always creates a new ATH.
-.-

You say that as if you can see the future with certainty, but it's all just speculation. There's no guarantee that Bitcoin will drop that low.

If Bitcoin drops to that level, it means a large number of Bitcoin holders are selling their assets, triggering such a sharp price drop. I find that unreasonable, considering that the majority of current Bitcoin holders are long-term investors who understand Bitcoin's potential.

So I don't see any potential for Bitcoin to drop to that price with Bitcoin's trend being so positive today.

bitcoin is a lot less volatile now because most of the investors understand that bitcoin is here to stay no matter what direction the market goes to it will always rise eventually so many investors make sure to keep holding

To be precise, bitcoin is now less volatile than before, less volatile than alts. But compared to other speculative assets such as tech stocks and bluechip stocks, or gold, its volatility is still significantly greater. That is why it is still labeled as a speculative asset and not recognized as a safe haven asset like gold.

Bitcoin will survive and appreciate if we zoom out and look at the big picture. But in the short to medium term, speculative assets like Bitcoin being sold off is inevitable.

If bitcoin price drops below $50k or lower, it is a good thing because we will have the opportunity to reinvest at a cheap price. Why are many of us afraid of that and do not want it to happen? On the contrary, I even hope bitcoin will drop below $30k in the next bear season, although that is unlikely to happen.

[JaanusRaim]

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

Flexibility.


Bitcoins time is over (it can return if its price will fall substantially and its fundamentals improve), now it is time to find new "Bitcoin".

[SmartGold01]

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.

Well I expect that those who has been into the system should be able to understand how the price of bitcoin reacts over time or over some duration of time and interval except for the newbie investors who doesn't know the metric of the market could be the one who would be that panicking over the prices. Perhaps you could be right as we can't periodically know when the price goes East or South but with the hope and trust the have put into bitcoin makes it that speculative where one can't be sure rather only optimistic on that tomorrow would be fine with the price. Do not be also surprise that with the way price is going in the next 10 years we might becoming double of what the price is today, where people would be regretting why they didn't just fill up their wallet with what they can risk to spare while the market is as low as achievably now.

[SquirrelJulietGarden]

Well I expect that those who has been into the system should be able to understand how the price of bitcoin reacts over time or over some duration of time and interval except for the newbie investors who doesn't know the metric of the market could be the one who would be that panicking over the prices. Perhaps you could be right as we can't periodically know when the price goes East or South but with the hope and trust the have put into bitcoin makes it that speculative where one can't be sure rather only optimistic on that tomorrow would be fine with the price. Do not be also surprise that with the way price is going in the next 10 years we might becoming double of what the price is today, where people would be regretting why they didn't just fill up their wallet with what they can risk to spare while the market is as low as achievably now.

Price is just a price and its price volatility in the market only makes you either fearful and panic or FOMO if you are a participant in the market with your money and with another big condition, you are unsure on what you are doing with your money and with bitcoin in this market.

If people did enough learning about Bitcoin, its market from cycles of price to psychology, and clearly choose what they are doing in the market, for example, as a long term investor, they will not feel fearful for short term price change even with very high volatility. Because they know that price will recover after any market crash which in fact is a fuel for next bull runs. They will see it as big signal for bullish time ahead and only feel regretful if they did not prepare money for buying dips.

The psychology of market cycle.

[melinoe]

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

Flexibility.


Bitcoins time is over (it can return if its price will fall substantially and its fundamentals improve), now it is time to find new "Bitcoin".

Nah, no need for that.

There would be a smaller potential, but it would be certain.

Other coins won't provide that.

[SmartGold01]

~snip~

Price is just a price and its price volatility in the market only makes you either fearful and panic or FOMO if you are a participant in the market with your money and with another big condition, you are unsure on what you are doing with your money and with bitcoin in this market.

If people did enough learning about Bitcoin, its market from cycles of price to psychology, and clearly choose what they are doing in the market, for example, as a long term investor, they will not feel fearful for short term price change even with very high volatility. Because they know that price will recover after any market crash which in fact is a fuel for next bull runs. They will see it as big signal for bullish time ahead and only feel regretful if they did not prepare money for buying dips.

Of course it is most affective an effective area while gambling and whenever the market dip that point it create that strength and momentum to peak up higher even above previous price, as a smart investors or someone who has been here for decades could be that ready and targeting the market to buy more when it dips or even makes profits from the market manipulation. Investment needs to be properly targeted on when to invest and during the bear run a good investors should be able to know when is the right time to invest or if they could decides to apply the DCA approaches.

[Y3shot]

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.

This you are speculating about bitcoin in the future, what do you bring to prove what you are saying. Bitcoin remains a volatile asset and very valuable asset. It is people like you who criticised  bitcoin like the way you do some years ago. You just say things based on assumptions and without facts,  I just feel for those who will be convinced with what you just said and choose not to invest in bitcoin because this is totally ignorance and if anyone should go with it, it will be a decision that will make one to regret. This is very misleading,  are you trying to say in the future bitcoin will stop to be volatile and their will be no increase in price. You need to do some research and have some level of understanding.

[hero_the_bossman]

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.

This you are speculating about bitcoin in the future, what do you bring to prove what you are saying. Bitcoin remains a volatile asset and very valuable asset. It is people like you who criticised  bitcoin like the way you do some years ago. You just say things based on assumptions and without facts,  I just feel for those who will be convinced with what you just said and choose not to invest in bitcoin because this is totally ignorance and if anyone should go with it, it will be a decision that will make one to regret. This is very misleading,  are you trying to say in the future bitcoin will stop to be volatile and their will be no increase in price. You need to do some research and have some level of understanding.

Volatility will, in fact, become smaller.

The potential for making a profit on BTC on 10x or more - smaller too. Not 10x and so on like it was initially, but the opportunity to accumulate it would still be there.

I don't see anything bad there, people should know that BTC is no magic want to make a quick and big buck.

[Pablo-wood]

You don't get it OP, Bitcoin is volatile, very soon we will go into full bear market, Bitcoin can go down to 50k range again and build the next bottom at that price for months, when it is finally ready to move again we can see another ATH, go back to your chart and look very well, zoom out and watch the 2 months chart, you will see that Bitcoin always creates a new ATH.

The bear market is not also a guarantee, every prediction is valid it's left for investors to go back to their chart as you mentioned and discover for themselves what the feel the next move will be. Many speculation are on going as per what the next price will be, new ATH is a must but when it will happen is beyond our analysis.

[uchegod-21]

I honestly don't understand what the the op meant by "patience is not enough ".  When I read the post title, I expected the op give some points which makes it very obvious that patience is not enough. Something like this below:

"Patience is meaningless if you have poor knowledge of bitcoin and don't know how to strategically take profits to avoid being in losses." Yea, this makes a bit more sense than still talking about early investors and how they are more fortunate than those of us investing now. Patience must have worked for them then, now, we need to be even more patient and back it up with strategy.

[Z-tight]

Early adopters were able to get BTC when it wasn't expensive. It was easy to mine it back then, so with little effort and being smart to believe in BTC, you'd have a huge stash of BTC, but do not forget that it was not worth much back then. So for any of the early adopters who were able to hold their coins up until now, then they truly have earned the right to be rich through BTC.

However, BTC is now much more expensive, both to mine and to buy it. I know you do not have to buy one BTC at a go, but if you want to get good returns from it, you have to get a good amount. So op, i inderstand part of what you are saying, but another thing you must understand is that BTC is not a get rich quick scheme and yeah, you have to be patient to acquire a good amount of it over a period of time, in order to get good returns on your investment.

[BALIK]

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.

This you are speculating about bitcoin in the future, what do you bring to prove what you are saying. Bitcoin remains a volatile asset and very valuable asset. It is people like you who criticised  bitcoin like the way you do some years ago. You just say things based on assumptions and without facts,  I just feel for those who will be convinced with what you just said and choose not to invest in bitcoin because this is totally ignorance and if anyone should go with it, it will be a decision that will make one to regret. This is very misleading,  are you trying to say in the future bitcoin will stop to be volatile and their will be no increase in price. You need to do some research and have some level of understanding.

As I understand it, OP is not saying bitcoin will stop being volatile and stop increasing in price. Instead, he says that the days of exponential growth are over and bitcoin will no longer be able to guarantee that we can become as wealthy as the early investors did.

I somewhat agree with his views. In the next 10 years, bitcoin will not be able to repeat the growth of the past 10 years because bitcoin is now more mature and bigger. It won’t be able to grow 5 or 10 times in a short period and make us rich or millionaires anymore.

[Mahanton]

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.

This you are speculating about bitcoin in the future, what do you bring to prove what you are saying. Bitcoin remains a volatile asset and very valuable asset. It is people like you who criticised  bitcoin like the way you do some years ago. You just say things based on assumptions and without facts,  I just feel for those who will be convinced with what you just said and choose not to invest in bitcoin because this is totally ignorance and if anyone should go with it, it will be a decision that will make one to regret. This is very misleading,  are you trying to say in the future bitcoin will stop to be volatile and their will be no increase in price. You need to do some research and have some level of understanding.

As I understand it, OP is not saying bitcoin will stop being volatile and stop increasing in price. Instead, he says that the days of exponential growth are over and bitcoin will no longer be able to guarantee that we can become as wealthy as the early investors did.

I somewhat agree with his views. In the next 10 years, bitcoin will not be able to repeat the growth of the past 10 years because bitcoin is now more mature and bigger. It won’t be able to grow 5 or 10 times in a short period and make us rich or millionaires anymore.

The argument that bitcoin will not perform like before has some truth in it because the market has matured and the overall growth potential has slowed down compared to its early years when it was moving from cents to thousands of dollars back then it was a completely new asset class and even small investments could bring huge returns now with institutions, regulations, and massive liquidity involved the growth curve naturally becomes flatter it doesn’t mean bitcoin will stop rising it just means the explosive gains like we saw from 2013 to 2021 will be harder to repeat.

Think about it this way when the market cap of bitcoin was under a few billion it was easier to double or triple in value in a short period now that it’s worth over a trillion dollars a similar percentage growth would require an enormous amount of new capital which is harder to achieve so people expecting another 100x run might end up disappointed the price can still increase but in smaller, more stable phases especially as the market becomes more tied to global finance. What’s important here is that bitcoin’s value is no longer just about speculation it’s gradually becoming a store of value like digital gold which means it can still protect wealth and grow steadily but not make overnight millionaires like before so it’s not about being against bitcoin it’s just about managing expectations and understanding that the asset is evolving investors who see it this way will be able to approach it with a clear mind and avoid emotional stress when the market doesn’t move as fast as it used to.

[Agbamoni]

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 totally do not agree with you in this part. We can never predict or know the possibility of Bitcoin. We are more of doing speculations here bro. Thereby making conclusions on the fact that early investor had incredible returns to the possible returns Bitcoin can give in the future. Bitcoin might just surprise us again, and trust me many will regret even more. This mindset you have should be abolished from your mind. Because the possible of Bitcoin is immeasurable, we do not know completely but I am expecting wonders soon.