As a beginner start compounding bitcoin.

[goldkingcoiner]

Warren Buffet may have done other investments or business that may be different from Bitcoin but his story is quintessential to being successful in compounding, that’s why studying and trying to replicate his resolve and determination can be a great asset to you as a beginner.

Well I agree that compounding Bitcoin is a insanely smart investment decision that will pay off nicely even in a few years instead of many decades like in the case of Warren Buffet, but I am confused as to what a 92 year old man would need or want that much money for? To give to his kids? For charity? I mean let's face facts: The man is not going to live for very long. At best a few more years.... He should have done something more useful with that money than compound it endlessly. Who is going to take care of that fortune when he is gone?

What is the point in continuing to compound when you are 92?

[Luke3bird]

Well I agree that compounding Bitcoin is a insanely smart investment decision that will pay off nicely even in a few years instead of many decades like in the case of Warren Buffet, but I am confused as to what a 92 year old man would need or want that much money for? To give to his kids? For charity? I mean let's face facts: The man is not going to live for very long. At best a few more years.... He should have done something more useful with that money than compound it endlessly. Who is going to take care of that fortune when he is gone?

What is the point in continuing to compound when you are 92?

The elderly who have enough or abundant money will likely no longer have need of compounding more and they are not ready to take risk from low risk to high risk. They likely are favorite with securing their current wealth and enjoying their life, while oppositely the young people will have need of building up their wealth so they are more ready to take risk.

Depends on their taste of risk acceptance, personal traits as well as knowledge and experience for financial management and investment, they will choose to take low or high risk.

With Warren Buffet, he is no longer want to take risk and his sayings about Bitcoin show that.

[Sammye3]

There is this saying that "a moving man would always meet his luck" and that statement keeps ringing on my mind remimding me to never relented even when it feels like nothing is working out. Compounding Bitcoin is not an easy journey as it requires a lot of patience and a stable income for discretionary funds. Many people would think that the current Bitcoin price is already too far gone for a startup investment but that's a lie, it becomes too big because of the perspective they have in mind.

Bitcoin would be bigger than what it is today and it's a matter of "when", which is the biggest fear of most investors. Anyone investing in Bitcoin should already have a plan in mind and how they choose to invest, also how long they choose to leave their investment. This would help give a little direction as to the best time to invest and withdraw.

[Jubilee58]

Compounding is very important, and this is the reason why those who started very early have become great today. Some investors neglect the power of compounding because they don't really understand the secret, and the success behind bitcoin compounding.
The story of this investor , and his method of investing has taught many investors many lessons on how they should go about investment. Every genue investment is build on long term strategy, people like Warren Buffett understand this secret, and has resorted on this strategies to enhance wealth creation.