Buy Buy Buy or Sell Sell Sell?

[JayJuanGee]

Well danadc..If you had started accumulating BTC at around the mid-ranges the amount that you are currently suggesting, at $30 per week at around the time of your forum registration, then by now, you would be quite close to having 1 BTC.  You would have had invested ar0und $12k and have right around 0.83227421 BTC.  Pretty damned close to a whole bitcoin.

At the same time, I doubt anyone is suggesting that 1 BTC is enough, even though someone just getting started might not be able to realistically aspire towards accumulating a whole bitcoin in the next 10 years, unless maybe he is potentially starting at around $250 or more per week, and even then, from my perspective, he may well need to bet to higher levels of BTC buying if he expects to get to 1 BTC or more in 10 years.

For anyone, like you, who potentially has spent some time accumulating bitcoin, he would be factoring in how many BTC he had already accumulated, and hopefully after nearly  years registered on the forum you would have had been able to accumulate more bitcoin than someone who is just currently starting, and yeah, sure it is possible that 1 bitcoin is even far from being reached even for a person, similarly situated to you, with nearly 8 years registered on this forum.

You are absolutely right, that those who have been investment Bitcoins in small amounts are far ahead of the newcomers. It is absolutely true that collecting 1 Bitcoin will be a little difficult for newcomers, in my opinion investment  Bitcoins on time is the biggest key. If newcomers understand that if they can continue to invest in small amounts, they can expect good things in the future. Collecting 1 Bitcoin will not be easy for newcomers, but nothing can be achieved without effort. I started investment Bitcoins little by little, I have not collecting one Bitcoin yet, but I have not given up. If you can collect Bitcoins consistently, it is possible to go a long way.

Hopefully you are setting goals that are realistic within your capabilities, so since you have been registered on the forum for a couple of years, and if you had been investing around $100 per week or so, you might have had been able to invest around $12k or so and to get up to 0.25 BTC or so, and if you have a quarter of a bitcoin, you might still find it a challenge in regards to how much you are able to invest to maybe get up to 0.5 BTC.. to double your stack.. it might take you another 3-4 years, even if you double your weekly purchase amounts - if that is even possible or reasonable within your circumstances. 

So we go with where we are at, and our history can help to inform us the extent to which we might be able to make changes or perhaps what the results would be if we continue with some similar path into the future.

If newcomers understand that if they can continue to invest in small amounts, they can expect good things in the future. Collecting 1 Bitcoin will not be easy for newcomers, but nothing can be achieved without effort.

It is easy to do simple arithmetic and ascertain how much one must have built if one accumulates a certain amount of bitcoin per weeks and do that consistently over a certain period of time. that is not difficult to know but the issue is in being discipline to translate such knowledge to reality where you actually do the buying consistently for at least a year and then continue doing it for a longer period of time till you must have reached your investment goal.

the most difficult part of investment is getting started and actually staying disciplined till you have gotten what you want. literally, if one starts with $50 per week, you can be certain that in a year, you must have accumulated nothing less than $2.5k in bitcoin and for a newbie that is just in his first year of investment, there is nothing that will be more rewarding than looking at his wallet and seeing that amount of asset sitting down, that is going to be a driving force that will motivate him to replicate it the next year and then another year. the consistency in long term investment starts when you are able to stay disciplined for a year and then it shows that it is possible to do that for two years and then multiple of circles.

You are correct that investing $50 per week for a year would result in $2,600 invested into bitcoin, yet it does not mean that after a year your bitcoin holdings will be profitable.  it could be the case that you keep investing into bitcoin and they are negative for extended periods of time, meaning that value of the bitcoin is worth less than the amount you put in.

After a person has invested into bitcoin for 4 years, then his average cost per BTC may well be right around the 200-WMA.  Usually the BTC spot price is higher than the 200-WMA, but it is not always higher than the 200-WMA, and surely there are many folks that might invest a couple of cycles into bitcoin before they really start to feel progress, and it is not even guaranteed that the bitcoin holdings will be profitable, even though bitcoin is likely one of the best, if not the best place, to be investing... yet there are both risks in the asset and there are also executional risks. .which means some folks will screw up their bitcoin investment by their own actions and/or their failures/refusals to act when they should.  Security is one area of screw up and cashflow management is another area and even making sure that they have an income to cover all of their expenses is een another area where folks can screw things up and then negatively affect their bitcoin investment.

Those of us who invest in the Bitcoin system may have a chance of success or return based on effort and duration of time. Bitcoin has become the best performing asset of this decade so that possibility lies only within us, meaning we can be selected to receive rewards at any time by investing in Bitcoin.

Bitcoin over time has been positive and has risen above every other asset you can think of. Gold has been a world reserve because of it's tangible nature (hardware) but this is gradually changing as the world is realising the future in bitcoin. Bitcoin price increase is nearly exponential but  it's volatility is usually the fear of beginners.

You know the meaning of CAGR?  It is the compounded annual growth rate, so it is difficult to have high numbers such as 20% or higher over long periods of time.  Bitcoin's long term CAGR is likely to continue to be coming down, yet at the same time, Bitcoin's CAGR is likely to continue to beat various traditional assets at least for some time into the future.  It is not guaranteed, but it is likely.  We can measure out any asset and let's say that the investment timeline is something like 8 years, and we see that in the last 8 years bitcoin has a CAGR of 58%.. that means every year during that period, on average, it has grown 58% which gold and the S&P have only grown on average 13% and 12% per year during that time.

Surely there may well be some assets (specific assets like NVIDIA or even certain properties) that have CAGRs that approach bitcoin's CAGR over similar periods of time, such as over 8 years, and yes, it is interesting to continue to see how bitcoin's ongoing CAGR will continue to measure in comparison to other places that value can be placed/invested. 

Bitcoin is an asset in which everyone and anyone can invest, so it is greatly accessible, which also puts it at an advantage over various other assets, and even if we think about the matter of bitcoin's early entrants.. so some of the BIG players are ONLY recently coming to bitcoin, so the early entrants were able to frontrun a lot of the BIGGER players, such institutions, governments, status quo rich and venture capitalists, which surely continues to be a challenge for some of the BIGGER players who still either have not gotten into bitcoin or they are only just barely getting started getting into bitcoin.  Individuals and smaller players can still front run several of these later entrant BIGGER players who still have not gotten into bitcoin and/or are just barely getting into bitcoin.

Yes no one knows what the future if Bitcoin would be but it's given investors hope over time that if they remain patient and hold for a longer period the profit is guaranteed, it shown signs of having strong potential of doing well in future so I see just saying's statement as discouraging, a true holder shouldn't say such nor alter worlds that would discourage others from holding.

Even if bitcoin is amongst the best, if not the best of investments, profits are not guaranteed in bitcoin, even if a long holding period can be achieved.

Sure, the longer period of time has an upward trend, despite shorter periods of high volatility, yet bitcoin's long term trend is also not guaranteed to continue to happen... and there are also execution risks too that can screw up any individual investor.  It is misleading to suggest that bitcoin profits are guaranteed, even if bitcoin is amongst the best, if not the best, place to put value for a broad spectrum of the world's population, as long as they have a discretionary income.

[Merit.s]

Even if bitcoin is amongst the best, if not the best of investments, profits are not guaranteed in bitcoin, even if a long holding period can be achieved.

I agree with you that bitcoin investment does not guarantee profits in the long run so that one wouldn't put all his hope in his bitcoin investment as the only means of survival in future, because if bitcoin price goes opposite such person, he will regret it and feel disappointed in life. Which is one of the reasons investing with part of our discretionary income is the best and also look for other means to generate income for the future apart from your bitcoin investment.

New investors should see bitcoin as a long-term store of value and invest mainly into bitcoin in order to save their current funds from inflation so that when they're old, they can be happy that they kept the value of their funds in bitcoin. Profits is an additional advantage for investing in bitcoin and one shouldn't invest into bitcoin only for profits because it's not guaranteed even though, history has proven that the price of bitcoin increases overtime due to constant adoption of bitcoin and its limited supply.

In as much as I would like to say you are right I would also want you to understand that it is not just about investing in Bitcoin on time but rather it is about consistency and determination, there are people who started some time ago but right now they are finding it difficult to continue investing so if anyone should start they should be willing and ready to invest regularly because only then can they have a good Investment portfolio. Lets be realistic here, getting a Bitcoin is not easy for newbie only even some mid or old folks are still finding it difficult to aquire that..., but I believe with good discretionary and exercising all the necessary things ( activities ) will be great in our investment.

It doesn't mean if someone have started his bitcoin investment and could not continue accumulating more, because of some financial challenges. The most important thing is that you shouldn't sell the bitcoin that you have already accumulated but hodli when things are rough with you.

We have talked about many scenarios where an investor should set up an emergency funds because of unforeseen challenges because they will happen or not. Someone that lost his job or is down with a severe ailment will pause his bitcoin accumulation until he gets a job back. At least, he already has some amount of bitcoin in his possession and he is far better than a someone without any bitcoin.

Consistency is very good to build and grow your bitcoin investment with discipline because you have the resources to do so, but that doesn't mean that anyone that cannot be consistent with his bitcoin accumulation shouldn't buy bitcoin when he has a discretionary income, even though he can no longer buy for some period of time due to low pay job. Buying first is a good step towards progress and later, when you have gotten a stable job with discretionary income, you can be consistent and persistent in your bitcoin accumulation overtime.

[yixichloro2xx]

I think people are being scared of buying bitcoin now probably they feel that the price of bitcoin is now expensive, I think it might be people who aren’t interested to invest bitcoin for a long term goal, who might be interested in quick profit in bitcoin, why should I feel that that the price of bitcoin is expensive when there is DCA for me to invest and continue accumulating constantly on weekly basis or monthly basis depending on when I have a discretionary income

Well is not their fault though many that does not understand Bitcoin potential will definitely feel such way not having interest and same time the price to high and stuff , most us here where once like them but thank God we where able to see the beauty of Bitcoin on time so that we can make good use of the opportunity. This is why advice or rather urge folks to always research more while accumulating Bitcoin it will strengthen them more and same time motivate them not to give up.

It's actually their fault if you consider all the facts, yes at some point in their lives they were not aware of bitcoin and the potential success they stand to gain from investing in it but then over time they learnt about bitcoin but are not refusing to invest because they don't think the price will get any higher than it already has believing any further investment to not be fruitful especially for new investors so for this reason they decide to not invest at all and when bitcoin eventually proves them wrong they usually start feeling bad but with every DIP they are like "I knew the price wasn't going to stay that high" it's definitely their fault for missing out on bitcoin, no investor should expect everything to be handed to them on a platter, progress takes time and effort, success in bitcoin investment doesn't come overnight, it takes patience and consistency for it to bloom and only those who waited with it will stand to gain at the end of the day.

You are right, it really does come down to personal responsibility. Once someone knows about Bitcoin but still chooses to ignore it out of fear or doubt, that is on them. Many wait for the perfect time, but there is rarely one. Then when it dips, they feel smart, and when it rebounds, they regret not buying....Success with Bitcoin takes patience, consistency, and time not luck. Those who wait for a handout usually get left behind.

You know the meaning of CAGR?  It is the compounded annual growth rate, so it is difficult to have high numbers such as 20% or higher over long periods of time.  Bitcoin's long term CAGR is likely to continue to be coming down, yet at the same time, Bitcoin's CAGR is likely to continue to beat various traditional assets at least for some time into the future.  It is not guaranteed, but it is likely.  We can measure out any asset and let's say that the investment timeline is something like 8 years, and we see that in the last 8 years bitcoin has a CAGR of 58%.. that means every year during that period, on average, it has grown 58% which gold and the S&P have only grown on average 13% and 12% per year during that time.

Surely there may well be some assets (specific assets like NVIDIA or even certain properties) that have CAGRs that approach bitcoin's CAGR over similar periods of time, such as over 8 years, and yes, it is interesting to continue to see how bitcoin's ongoing CAGR will continue to measure in comparison to other places that value can be placed/invested.  

Yes, exactly, CAGR is just a fancy way of saying, How fast did this thing actually grow over time,When you see Bitcoin with a CAGR of 58% over 8 years, that is like watching a tiny sapling turn into a giant oak tree while gold basically sat around like an old houseplant. Of course, nobody expects Bitcoin to keep growing like a rocket forever, because eventually it has to slow down a bit unless Satoshi left us some kind of magic growth fertilizer. Even then, it still has a good chance of outperforming traditional investments for quite a while.

What is great is Bitcoin doesn’t care who you are. You don’t need to be a Wall Street hotshot or some rich uncle in a suit. If you have a phone and a little bit of spare cash, you can start stacking sats. Meanwhile, some big institutions and governments are still scratching their heads, trying to figure out how to get in without looking late to the party. That is your cue to quietly front run them while they are  still drafting memos......Plus, Bitcoin limited supply is like a party with only 21 million seats, once they are taken, that is it. No printing more tickets, so while your local currency is busy shrinking in your pocket thanks to inflation, Bitcoin just keeps sitting there, stubbornly refusing to be diluted.

Sure, nothing is risk free and if it were, we all be sipping cocktails on the beach by now, but with some common sense, a long term view, and maybe a DCA strategy so you don’t lose sleep every time the price dips, Bitcoin can be one of the most interesting places to put value over the next decade......And hey, at least with Bitcoin, you don’t have to pretend to understand the fine print of the traditional financial system, because half the time, even the bankers don’t.

[Nheer]

Many people delay making decisions due to fear of market fluctuations. But if someone starts investing in small amounts regularly with patience, their experience will gradually increase and at the same time, opportunities will be available to them. Those who are still in doubt should invest even in small amounts and also understand the basic things about Bitcoin and Blockchain. Because the more they know, the more courage they will have to make investment decisions. First, they will start investing in small amounts without making big decisions, which will reduce fear and build confidence. Bitcoin is a long-term journey. To succeed here, you need to keep knowledge, patience and regularity as your strength. So, it is not too late, if you have a very small amount of money left after excluding the necessary expenses, such as $ 10, it is better to start investing. This small step can bring them something big in the future.

Honestly, I get why people fear investing in Bitcoin it's mostly because they don't take the time to really understand it. Fear of market flunctuations is natural, especially for newcomers but the thing is most people are more motivated by the potential profits, the hunger for profit overshadows their interest to learn about the investment. They think throwing money in is enough but that's just the tip of the iceberg. To truly succeed you need to be all in putting in the work, be disciplined, resilient, and having a solid plan just to mention a few. When you combine all these elements, you're more likely to come out on top with long term holding mindset.

[Ricardo11]

Many people delay making decisions due to fear of market fluctuations. But if someone starts investing in small amounts regularly with patience, their experience will gradually increase and at the same time, opportunities will be available to them. Those who are still in doubt should invest even in small amounts and also understand the basic things about Bitcoin and Blockchain. Because the more they know, the more courage they will have to make investment decisions. First, they will start investing in small amounts without making big decisions, which will reduce fear and build confidence. Bitcoin is a long-term journey. To succeed here, you need to keep knowledge, patience and regularity as your strength. So, it is not too late, if you have a very small amount of money left after excluding the necessary expenses, such as $ 10, it is better to start investing. This small step can bring them something big in the future.

Honestly, I get why people fear investing in Bitcoin it's mostly because they don't take the time to really understand it. Fear of market flunctuations is natural, especially for newcomers but the thing is most people are more motivated by the potential profits, the hunger for profit overshadows their interest to learn about the investment. They think throwing money in is enough but that's just the tip of the iceberg. To truly succeed you need to be all in putting in the work, be disciplined, resilient, and having a solid plan just to mention a few. When you combine all these elements, you're more likely to come out on top with long term holding mindset.

This is why an investor should first abandon the mentality of getting a quick profit, there are many who only want to achieve quick results, but they ignore what they actually need to do to achieve real results, but later they face reality and face losses.

Bitcoin is not something that can bring you quick success, the highest probability of success in Bitcoin investment will only come from long-term holding, and holding an investment consistently for a long time requires the right strategy, long-term mindset and long-term patience.

So first prepare yourself, build your mindset in such a way to hold long bitcoin hlding consistently, and invest with that money, that you can afford to lose, because Bitcoin never guarantees profits, even if we do everything right, we cannot guarantee anything, but when you continue to buying Bitcoin consistently in DCA and hold it for the long term, your chances of success will be at the highest level.

[JayJuanGee]

You know the meaning of CAGR?  It is the compounded annual growth rate, so it is difficult to have high numbers such as 20% or higher over long periods of time.  Bitcoin's long term CAGR is likely to continue to be coming down, yet at the same time, Bitcoin's CAGR is likely to continue to beat various traditional assets at least for some time into the future.  It is not guaranteed, but it is likely.  We can measure out any asset and let's say that the investment timeline is something like 8 years, and we see that in the last 8 years bitcoin has a CAGR of 58%.. that means every year during that period, on average, it has grown 58% which gold and the S&P have only grown on average 13% and 12% per year during that time.

Surely there may well be some assets (specific assets like NVIDIA or even certain properties) that have CAGRs that approach bitcoin's CAGR over similar periods of time, such as over 8 years, and yes, it is interesting to continue to see how bitcoin's ongoing CAGR will continue to measure in comparison to other places that value can be placed/invested. 

Yes, exactly, CAGR is just a fancy way of saying, How fast did this thing actually grow over time,When you see Bitcoin with a CAGR of 58% over 8 years, that is like watching a tiny sapling turn into a giant oak tree while gold basically sat around like an old houseplant. Of course, nobody expects Bitcoin to keep growing like a rocket forever, because eventually it has to slow down a bit unless Satoshi left us some kind of magic growth fertilizer. Even then, it still has a good chance of outperforming traditional investments for quite a while.

I think that both are true.

1) bitcoin will slow down in it CAGR, yet it could take 50-200 years to really reach a kind of stable level.  .. so it is likely that each 4 year cycle will have a bit of a lower amount of UP with the passage of time.. and so the overall average amount of growth per yer (the CAGR) will continue to come down too.. .. but there will also likely be up and down years along the way.. and the heavily down years will drag the numbers down and the heavily up years will drag the numbers up.. yet the trend overall should continue to be down as bitcoin is still in its adoption phase, yet at the same time, adoption still continuing to grow.

2) bitcoin will continue to outperform various traditional investment both in terms of its fundamentals being better than a lot of them, and since bitcoin is a (money and information) protocol and also since bitcoin has a disadvantage of being in its early stages of adoption... so bitcoin's network effects (like those outlined by Trace Mayer) continue to grow and fold upon themselves.

What is great is Bitcoin doesn’t care who you are. You don’t need to be a Wall Street hotshot or some rich uncle in a suit. If you have a phone and a little bit of spare cash, you can start stacking sats. Meanwhile, some big institutions and governments are still scratching their heads, trying to figure out how to get in without looking late to the party. That is your cue to quietly front run them while they are  still drafting memos......Plus, Bitcoin limited supply is like a party with only 21 million seats, once they are taken, that is it. No printing more tickets, so while your local currency is busy shrinking in your pocket thanks to inflation, Bitcoin just keeps sitting there, stubbornly refusing to be diluted.

I agree with all of this, while at the same time, seats will come available as the price goes up, but yeah at the same time, if the price did not go up enough, then some of those seats will still not come available and people surely can choose whether or not to give up some seats, even if they know that they are limited.. and yeah, if they are holding 100 chairs but they only need 1 or 2 or 10, they may well be willing to give up 5 of their chairs at $115k, and then perhaps another 3 chairs at $173k and another chair or two at $276k.. .. so they might not even realized that they were holding so many chairs until at some later point down the road.. and surely there are some guys with 1,000s of chairs...

By the way, the idea of limited supply is correct, but it probably is still fair to suggest that we have 2.1 Quadrillion chairs.. but at the same time, there are some folks who hold trillions of those chairs.. ... and even folks who are considered relatively small potatoes are holding billions of those chairs... some are still accumulating chairs and others are o.k. with letting some of the chairs go since they have way more chairs than they need or want relative to how much the chairs cost them versus how much they can get for their chairs currently.
 

Sure, nothing is risk free and if it were, we all be sipping cocktails on the beach by now, but with some common sense, a long term view, and maybe a DCA strategy so you don’t lose sleep every time the price dips, Bitcoin can be one of the most interesting places to put value over the next decade......And hey, at least with Bitcoin, you don’t have to pretend to understand the fine print of the traditional financial system, because half the time, even the bankers don’t.

Like you say, there is likely to continue to be a lot of growth in bitcoin in the coming 10 years, and surely we live in interesting times, and hopefully guys who are accumulating bitcoin are making sure that they hold decent amounts of their stack in self-custody... especially the longer that they are in bitcoin and the more that they build their bitcoin stash.

There is a lot that can be learned in bitcoin, yet we do not need to know all of the details in order to figure out how much of a stake that we might want to take and how we might choose to manage our stash through the years, whether we are still accumulating bitcoin or we might transition into maintenance stage or even if we are lucky we might get to overaccumulation stage in which we can start to live off of our bitcoin.. and even starting to draw from our bitcoin might not necessarily require that we reach overaccumulation stage if there might be some other reasons such as age and/or health that might cause us to move into some kind of a withdrawal stage.

[Emjay24]

Market sentiment is changing and Bitcoin is always associated with volatility, so it is difficult to say in this process that only holding it for the long term will yield profits or maybe it's not even possible to say depending on how much Bitcoin you've accumulated and how long you've held it. Holding for the long term is definitely a broad-mindedness for investing but if you have enough Bitcoin and are aware of the market situation there may be a chance to make a profit, because of the rapid rise and fall of the market even if you have a portfolio full of Bitcoin no distinguished investor can guarantee a profit.

Try not to be confused about Bitcoin, you are a senior member, I expected you to know better that the way Bitcoin is wired, it is more beneficial to hold a little bit longer because since Bitcoin is an asset that appreciate in value overtime even common sense will make us understand that as time passes by, it value is going to increase and you that is holding it, is going to make more money.

There is no guarantee on this, although bitcoin is the best digital investment if not the best investment presently, but we must remember that we are not guaranteed any profits in bitcoin. We are only having a fair bet on bitcoin by choosing to believe in it, accumulate and hold for a longer term, which is Ideal for bitcoin investment, yet it doesn't change the fact that we are not guaranteed profits which IMO is what the guy you quoted is trying to imply.

[Sonia_123]

Even if bitcoin is amongst the best, if not the best of investments, profits are not guaranteed in bitcoin, even if a long holding period can be achieved.

I agree with you that bitcoin investment does not guarantee profits in the long run so that one wouldn't put all his hope in his bitcoin investment as the only means of survival in future, because if bitcoin price goes opposite such person, he will regret it and feel disappointed in life. Which is one of the reasons investing with part of our discretionary income is the best and also look for other means to generate income for the future apart from your bitcoin investment.

New investors should see bitcoin as a long-term store of value and invest mainly into bitcoin in order to save their current funds from inflation so that when they're old, they can be happy that they kept the value of their funds in bitcoin. Profits is an additional advantage for investing in bitcoin and one shouldn't invest into bitcoin only for profits because it's not guaranteed even though, history has proven that the price of bitcoin increases overtime due to constant adoption of bitcoin and its limited supply.

In as much as I would like to say you are right I would also want you to understand that it is not just about investing in Bitcoin on time but rather it is about consistency and determination, there are people who started some time ago but right now they are finding it difficult to continue investing so if anyone should start they should be willing and ready to invest regularly because only then can they have a good Investment portfolio. Lets be realistic here, getting a Bitcoin is not easy for newbie only even some mid or old folks are still finding it difficult to aquire that..., but I believe with good discretionary and exercising all the necessary things ( activities ) will be great in our investment.

It doesn't mean if someone have started his bitcoin investment and could not continue accumulating more, because of some financial challenges. The most important thing is that you shouldn't sell the bitcoin that you have already accumulated but hodli when things are rough with you.

We have talked about many scenarios where an investor should set up an emergency funds because of unforeseen challenges because they will happen or not. Someone that lost his job or is down with a severe ailment will pause his bitcoin accumulation until he gets a job back. At least, he already has some amount of bitcoin in his possession and he is far better than a someone without any bitcoin.

Consistency is very good to build and grow your bitcoin investment with discipline because you have the resources to do so, but that doesn't mean that anyone that cannot be consistent with his bitcoin accumulation shouldn't buy bitcoin when he has a discretionary income, even though he can no longer buy for some period of time due to low pay job. Buying first is a good step towards progress and later, when you have gotten a stable job with discretionary income, you can be consistent and persistent in your bitcoin accumulation overtime.

I totally agreement with you, and that is why it is not good to solely rely on bitcoin investment alone as your major source of income, but yet some persons still do that because they believe that investment in bitcoin will only be profitable, they have failed to accept that it is not guaranteed, therefore other sources of incomes needs to be made available for their daily expenses, and should Incase bitcoin investment goes wrong against or expectations they will have something to fall back in taking care of their lives.

I know a shop owner that sells groceries that just got introduced to bitcoin and all he did was to sell off  his shop because he has just found out about bitcoin investment, and I have been telling him that what he has done is wrong because bitcoin is not guaranteed and he does not want to believe .

Having extra source of income will serve as a backup to your bitcoin investment and your life, so that even if the price of bitcoin drops and you have a lesser or no profit at all you will still have where to back to.

[ndutndut]

Market sentiment is changing and Bitcoin is always associated with volatility, so it is difficult to say in this process that only holding it for the long term will yield profits or maybe it's not even possible to say depending on how much Bitcoin you've accumulated and how long you've held it. Holding for the long term is definitely a broad-mindedness for investing but if you have enough Bitcoin and are aware of the market situation there may be a chance to make a profit, because of the rapid rise and fall of the market even if you have a portfolio full of Bitcoin no distinguished investor can guarantee a profit.

Try not to be confused about Bitcoin, you are a senior member, I expected you to know better that the way Bitcoin is wired, it is more beneficial to hold a little bit longer because since Bitcoin is an asset that appreciate in value overtime even common sense will make us understand that as time passes by, it value is going to increase and you that is holding it, is going to make more money.

There is no guarantee on this, although bitcoin is the best digital investment if not the best investment presently, but we must remember that we are not guaranteed any profits in bitcoin. We are only having a fair bet on bitcoin by choosing to believe in it, accumulate and hold for a longer term, which is Ideal for bitcoin investment, yet it doesn't change the fact that we are not guaranteed profits which IMO is what the guy you quoted is trying to imply.

There's no guarantee if we invest targeting profits for just a few years, but if we invest for the long term, there is a guarantee; you just need to persevere with strong patience. Sometimes we have to align information about Bitcoin with belief. This means that if you know Bitcoin is the best digital asset, you also need to believe that Bitcoin is a long-term asset that will lead us to financial freedom someday.

Because if your belief is not there, you'll inevitably hesitate to buy Bitcoin. You might buy Bitcoin, but when it drops sharply, you'll inevitably sell it because you lacked belief (no guarantee). Even if there's no guarantee, as you say, that's why it's important to invest with money you can afford to lose. I believe that confidence is crucial for long term investing, as it's a mindset that keeps us from panicking when the market fluctuates or when bad news about Bitcoin comes out that makes you think there's no guarantee. Believe me, Bitcoin experiences bad news almost every year, and even several times it was predicted to die, but what's happening now is the opposite.

[yixichloro2xx]

I think that both are true.

1) bitcoin will slow down in it CAGR, yet it could take 50-200 years to really reach a kind of stable level.  .. so it is likely that each 4 year cycle will have a bit of a lower amount of UP with the passage of time.. and so the overall average amount of growth per yer (the CAGR) will continue to come down too.. .. but there will also likely be up and down years along the way.. and the heavily down years will drag the numbers down and the heavily up years will drag the numbers up.. yet the trend overall should continue to be down as bitcoin is still in its adoption phase, yet at the same time, adoption still continuing to grow.

2) bitcoin will continue to outperform various traditional investment both in terms of its fundamentals being better than a lot of them, and since bitcoin is a (money and information) protocol and also since bitcoin has a disadvantage of being in its early stages of adoption... so bitcoin's network effects (like those outlined by Trace Mayer) continue to grow and fold upon themselves.

Bitcoins CAGR won’t stay at those wild numbers forever, but even if it slows down, it can still leave traditional assets in the dust. It is  like watching a race where the fastest runner starts jogging and still wins because everyone else is crawling.

Trace Mayer’s network effect idea is spot on too,Bitcoin keeps pulling in more people, tech, and money like a snowball that refuses to melt. As long as adoption keeps growing, there is s still a lot of juice left in this orange.

I agree with all of this, while at the same time, seats will come available as the price goes up, but yeah at the same time, if the price did not go up enough, then some of those seats will still not come available and people surely can choose whether or not to give up some seats, even if they know that they are limited.. and yeah, if they are holding 100 chairs but they only need 1 or 2 or 10, they may well be willing to give up 5 of their chairs at $115k, and then perhaps another 3 chairs at $173k and another chair or two at $276k.. .. so they might not even realized that they were holding so many chairs until at some later point down the road.. and surely there are some guys with 1,000s of chairs...

By the way, the idea of limited supply is correct, but it probably is still fair to suggest that we have 2.1 Quadrillion chairs.. but at the same time, there are some folks who hold trillions of those chairs.. ... and even folks who are considered relatively small potatoes are holding billions of those chairs... some are still accumulating chairs and others are o.k. with letting some of the chairs go since they have way more chairs than they need or want relative to how much the chairs cost them versus how much they can get for their chairs currently.

Haha, love the way you broke it down with the chair market analogy,  it is funny how some people won’t even realize they have  been hoarding an entire conference room worth of seats until the venue starts filling up and You are  right that Bitcoin supply is limited, but distribution is dynamic. As price climbs, some folks will naturally start freeing up their extra chairs,not because they want to leave the party, but because the ticket price suddenly looks too good to ignore......Still, most people forget this, that even if seats change hands, there are never more seats. That is  the beauty of Bitcoin,  it doesn’t matter who is sitting, the total count doesn’t change, and eventually demand does the heavy lifting.

 

There is a lot that can be learned in bitcoin, yet we do not need to know all of the details in order to figure out how much of a stake that we might want to take and how we might choose to manage our stash through the years, whether we are still accumulating bitcoin or we might transition into maintenance stage or even if we are lucky we might get to overaccumulation stage in which we can start to live off of our bitcoin.. and even starting to draw from our bitcoin might not necessarily require that we reach overaccumulation stage if there might be some other reasons such as age and/or health that might cause us to move into some kind of a withdrawal stage.

I like the way you really explain this  and moreover Bitcoin really lets you choose your own way, whether you are saving up, holding steady, or using some slowly, there is  no one size fits all path, and that is  what makes it special and I like how you pointed out that even partial understanding is enough to start. You don’t need to be a protocol wizard to recognize value, especially when Bitcoin fundamentals keep proving themselves over time.

And yeah, life plays a role too  for example health, age, personal goals  and  sometimes it makes sense to start using what you have built without waiting for some perfect overaccumulation threshold. At the end of the day, the point is not only  to hoard forever, but to eventually turn that value into freedom.

There's no guarantee if we invest targeting profits for just a few years, but if we invest for the long term, there is a guarantee; you just need to persevere with strong patience. Sometimes we have to align information about Bitcoin with belief. This means that if you know Bitcoin is the best digital asset, you also need to believe that Bitcoin is a long-term asset that will lead us to financial freedom someday.

Because if your belief is not there, you'll inevitably hesitate to buy Bitcoin. You might buy Bitcoin, but when it drops sharply, you'll inevitably sell it because you lacked belief (no guarantee). Even if there's no guarantee, as you say, that's why it's important to invest with money you can afford to lose. I believe that confidence is crucial for long term investing, as it's a mindset that keeps us from panicking when the market fluctuates or when bad news about Bitcoin comes out that makes you think there's no guarantee. Believe me, Bitcoin experiences bad news almost every year, and even several times it was predicted to die, but what's happening now is the opposite.

what you are saying really captures what long term investing in Bitcoin is all about,it is not just about chasing quick profits, but having the patience and belief to stay steady through all the ups and downs. The market can be wild in the short term, and even experienced investors can get shaken, but if you truly believe in Bitcoin value and future, it helps you stay calm when things get rough.

You are on point on that without that belief, fear can make people sell when prices drop, which often leads to losses. That is why it is so important to only invest money you are okay with losing, it protects your money and your peace of mind. Building your confidence really is a mindset,  it helps you focus on the long game instead of reacting to every piece of bad news or sudden dip. .....There are many times that Bitcoin has faced death predictions more times than anyone can count, yet it is still here and stronger than ever.....So while nothing is guaranteed in investing, doing your homework, managing risk smartly, and believing in what you are holding creates a solid path forward.

[icebar]

Market sentiment is changing and Bitcoin is always associated with volatility, so it is difficult to say in this process that only holding it for the long term will yield profits or maybe it's not even possible to say depending on how much Bitcoin you've accumulated and how long you've held it. Holding for the long term is definitely a broad-mindedness for investing but if you have enough Bitcoin and are aware of the market situation there may be a chance to make a profit, because of the rapid rise and fall of the market even if you have a portfolio full of Bitcoin no distinguished investor can guarantee a profit.

Try not to be confused about Bitcoin, you are a senior member, I expected you to know better that the way Bitcoin is wired, it is more beneficial to hold a little bit longer because since Bitcoin is an asset that appreciate in value overtime even common sense will make us understand that as time passes by, it value is going to increase and you that is holding it, is going to make more money.

There is no guarantee on this, although bitcoin is the best digital investment if not the best investment presently, but we must remember that we are not guaranteed any profits in bitcoin. We are only having a fair bet on bitcoin by choosing to believe in it, accumulate and hold for a longer term, which is Ideal for bitcoin investment, yet it doesn't change the fact that we are not guaranteed profits which IMO is what the guy you quoted is trying to imply.

If an investor invests in Bitcoin for short-term profit, there is no chance of guaranteeing profit, even long-term investment cannot guarantee profit, but the possibility of long-term investment is much higher than short-term investment. Those who hold their investment and if they continue to collect Bitcoin regularly, it is possible to easily increase the amount of Bitcoin. Everyone who has held Bitcoin since its discovery has benefited. No one has lost yet if they are able to hold it until the highest price. I will not say that those who bought from the highest price have also suffered due to the price decrease or price correction because as long as they have Bitcoin, they are not affected. They will be able to determine the profit and loss at the time they sell. If the previous position of Bitcoin and the future possibilities are considered, those who buy Bitcoin even at the highest price will also be able to benefit in the long term.

[kanftka]

I think people are being scared of buying bitcoin now probably they feel that the price of bitcoin is now expensive, I think it might be people who aren’t interested to invest bitcoin for a long term goal, who might be interested in quick profit in bitcoin, why should I feel that that the price of bitcoin is expensive when there is DCA for me to invest and continue accumulating constantly on weekly basis or monthly basis depending on when I have a discretionary income

Well is not their fault though many that does not understand Bitcoin potential will definitely feel such way not having interest and same time the price to high and stuff , most us here where once like them but thank God we where able to see the beauty of Bitcoin on time so that we can make good use of the opportunity. This is why advice or rather urge folks to always research more while accumulating Bitcoin it will strengthen them more and same time motivate them not to give up.

It's actually their fault if you consider all the facts, yes at some point in their lives they were not aware of bitcoin and the potential success they stand to gain from investing in it but then over time they learnt about bitcoin but are not refusing to invest because they don't think the price will get any higher than it already has believing any further investment to not be fruitful especially for new investors so for this reason they decide to not invest at all and when bitcoin eventually proves them wrong they usually start feeling bad but with every DIP they are like "I knew the price wasn't going to stay that high" it's definitely their fault for missing out on bitcoin, no investor should expect everything to be handed to them on a platter, progress takes time and effort, success in bitcoin investment doesn't come overnight, it takes patience and consistency for it to bloom and only those who waited with it will stand to gain at the end of the day.

Man, I get what you’re saying, and honestly, I kinda agree with the main idea, some people just straight up disrupt their own chances, even after getting the info they need. Like yeah, maybe they didn’t hear about Bitcoin early on, fine. Not everyone was around in 2013 or even 2017 including me. But bro, by now? If you’ve been hearing about Bitcoin for years and you still haven’t done even the tiniest bit of DCA or research, then come on… that’s on you, not the Bitcoin.

The part that gets me is how some folks act like Bitcoin owes them a perfect entry point or some magical signal to buy… Truth is, nobody gets a crystal ball. You either take the time to understand the game and build conviction, or you just keep sitting on the sidelines watching it play out without you. And yeah, like you said, when the dip hits, they feel smart for not buying… but then when it pumps, it’s always regret and excuses all over again.

[Regardme]

I think that both are true.

1) bitcoin will slow down in it CAGR, yet it could take 50-200 years to really reach a kind of stable level.  .. so it is likely that each 4 year cycle will have a bit of a lower amount of UP with the passage of time.. and so the overall average amount of growth per yer (the CAGR) will continue to come down too.. .. but there will also likely be up and down years along the way.. and the heavily down years will drag the numbers down and the heavily up years will drag the numbers up.. yet the trend overall should continue to be down as bitcoin is still in its adoption phase, yet at the same time, adoption still continuing to grow.

2) bitcoin will continue to outperform various traditional investment both in terms of its fundamentals being better than a lot of them, and since bitcoin is a (money and information) protocol and also since bitcoin has a disadvantage of being in its early stages of adoption... so bitcoin's network effects (like those outlined by Trace Mayer) continue to grow and fold upon themselves.

Bitcoins CAGR won’t stay at those wild numbers forever, but even if it slows down, it can still leave traditional assets in the dust. It is  like watching a race where the fastest runner starts jogging and still wins because everyone else is crawling.

Trace Mayer’s network effect idea is spot on too,Bitcoin keeps pulling in more people, tech, and money like a snowball that refuses to melt. As long as adoption keeps growing, there is s still a lot of juice left in this orange.

I agree with all of this, while at the same time, seats will come available as the price goes up, but yeah at the same time, if the price did not go up enough, then some of those seats will still not come available and people surely can choose whether or not to give up some seats, even if they know that they are limited.. and yeah, if they are holding 100 chairs but they only need 1 or 2 or 10, they may well be willing to give up 5 of their chairs at $115k, and then perhaps another 3 chairs at $173k and another chair or two at $276k.. .. so they might not even realized that they were holding so many chairs until at some later point down the road.. and surely there are some guys with 1,000s of chairs...

By the way, the idea of limited supply is correct, but it probably is still fair to suggest that we have 2.1 Quadrillion chairs.. but at the same time, there are some folks who hold trillions of those chairs.. ... and even folks who are considered relatively small potatoes are holding billions of those chairs... some are still accumulating chairs and others are o.k. with letting some of the chairs go since they have way more chairs than they need or want relative to how much the chairs cost them versus how much they can get for their chairs currently.

Haha, love the way you broke it down with the chair market analogy,  it is funny how some people won’t even realize they have  been hoarding an entire conference room worth of seats until the venue starts filling up and You are  right that Bitcoin supply is limited, but distribution is dynamic. As price climbs, some folks will naturally start freeing up their extra chairs,not because they want to leave the party, but because the ticket price suddenly looks too good to ignore......Still, most people forget this, that even if seats change hands, there are never more seats. That is  the beauty of Bitcoin,  it doesn’t matter who is sitting, the total count doesn’t change, and eventually demand does the heavy lifting.

 

There is a lot that can be learned in bitcoin, yet we do not need to know all of the details in order to figure out how much of a stake that we might want to take and how we might choose to manage our stash through the years, whether we are still accumulating bitcoin or we might transition into maintenance stage or even if we are lucky we might get to overaccumulation stage in which we can start to live off of our bitcoin.. and even starting to draw from our bitcoin might not necessarily require that we reach overaccumulation stage if there might be some other reasons such as age and/or health that might cause us to move into some kind of a withdrawal stage.

I like the way you really explain this  and moreover Bitcoin really lets you choose your own way, whether you are saving up, holding steady, or using some slowly, there is  no one size fits all path, and that is  what makes it special and I like how you pointed out that even partial understanding is enough to start. You don’t need to be a protocol wizard to recognize value, especially when Bitcoin fundamentals keep proving themselves over time.

And yeah, life plays a role too  for example health, age, personal goals  and  sometimes it makes sense to start using what you have built without waiting for some perfect overaccumulation threshold. At the end of the day, the point is not only  to hoard forever, but to eventually turn that value into freedom.

There's no guarantee if we invest targeting profits for just a few years, but if we invest for the long term, there is a guarantee; you just need to persevere with strong patience. Sometimes we have to align information about Bitcoin with belief. This means that if you know Bitcoin is the best digital asset, you also need to believe that Bitcoin is a long-term asset that will lead us to financial freedom someday.

Because if your belief is not there, you'll inevitably hesitate to buy Bitcoin. You might buy Bitcoin, but when it drops sharply, you'll inevitably sell it because you lacked belief (no guarantee). Even if there's no guarantee, as you say, that's why it's important to invest with money you can afford to lose. I believe that confidence is crucial for long term investing, as it's a mindset that keeps us from panicking when the market fluctuates or when bad news about Bitcoin comes out that makes you think there's no guarantee. Believe me, Bitcoin experiences bad news almost every year, and even several times it was predicted to die, but what's happening now is the opposite.

what you are saying really captures what long term investing in Bitcoin is all about,it is not just about chasing quick profits, but having the patience and belief to stay steady through all the ups and downs. The market can be wild in the short term, and even experienced investors can get shaken, but if you truly believe in Bitcoin value and future, it helps you stay calm when things get rough.

You are on point on that without that belief, fear can make people sell when prices drop, which often leads to losses. That is why it is so important to only invest money you are okay with losing, it protects your money and your peace of mind. Building your confidence really is a mindset,  it helps you focus on the long game instead of reacting to every piece of bad news or sudden dip. .....There are many times that Bitcoin has faced death predictions more times than anyone can count, yet it is still here and stronger than ever.....So while nothing is guaranteed in investing, doing your homework, managing risk smartly, and believing in what you are holding creates a solid path forward.

Great point you’ve made! Bitcoin fundamentals like scarcity, decentralization, and potential as a store of value has been acting as major anchor when the market gets chaotic. Despite the countless death predictions of Bitcoin, its durability has proven its strength. However, risking what you can afford to losing it’s a key point, it isn’t just financial discipline I can say it’s another level of physiological resilience and confidence thereby giving one ability to perform under pressure when the market faces dip. And patience is also another key factor when investing in Bitcoin

[Tmoonz]

I think people are being scared of buying bitcoin now probably they feel that the price of bitcoin is now expensive, I think it might be people who aren’t interested to invest bitcoin for a long term goal, who might be interested in quick profit in bitcoin, why should I feel that that the price of bitcoin is expensive when there is DCA for me to invest and continue accumulating constantly on weekly basis or monthly basis depending on when I have a discretionary income

Well is not their fault though many that does not understand Bitcoin potential will definitely feel such way not having interest and same time the price to high and stuff , most us here where once like them but thank God we where able to see the beauty of Bitcoin on time so that we can make good use of the opportunity. This is why advice or rather urge folks to always research more while accumulating Bitcoin it will strengthen them more and same time motivate them not to give up.

It's actually their fault if you consider all the facts, yes at some point in their lives they were not aware of bitcoin and the potential success they stand to gain from investing in it but then over time they learnt about bitcoin but are not refusing to invest because they don't think the price will get any higher than it already has believing any further investment to not be fruitful especially for new investors so for this reason they decide to not invest at all and when bitcoin eventually proves them wrong they usually start feeling bad but with every DIP they are like "I knew the price wasn't going to stay that high" it's definitely their fault for missing out on bitcoin, no investor should expect everything to be handed to them on a platter, progress takes time and effort, success in bitcoin investment doesn't come overnight, it takes patience and consistency for it to bloom and only those who waited with it will stand to gain at the end of the day.

Man, I get what you’re saying, and honestly, I kinda agree with the main idea, some people just straight up disrupt their own chances, even after getting the info they need. Like yeah, maybe they didn’t hear about Bitcoin early on, fine. Not everyone was around in 2013 or even 2017 including me. But bro, by now? If you’ve been hearing about Bitcoin for years and you still haven’t done even the tiniest bit of DCA or research, then come on… that’s on you, not the Bitcoin.

The part that gets me is how some folks act like Bitcoin owes them a perfect entry point or some magical signal to buy… Truth is, nobody gets a crystal ball. You either take the time to understand the game and build conviction, or you just keep sitting on the sidelines watching it play out without you. And yeah, like you said, when the dip hits, they feel smart for not buying… but then when it pumps, it’s always regret and excuses all over again.

And some times when it pumps that is when most persons gets to buy and that is out of fear of missing out only to see Bitcoin undergoing some corrections before going up again, I must say anyone trying to be smart about the market must be undergoing a serious emotional devastations by making investment decisions by emotions which is wrong, I might not blame must of the newbies for their little or no experience kind behaviors because I believe so well that staying long in this environment and of course being part of the it will teach you alot by your own personal experiences.

[yixichloro2xx]

 Great point you’ve made! Bitcoin fundamentals like scarcity, decentralization, and potential as a store of value has been acting as major anchor when the market gets chaotic. Despite the countless death predictions of Bitcoin, its durability has proven its strength. However, risking what you can afford to losing it’s a key point, it isn’t just financial discipline I can say it’s another level of physiological resilience and confidence thereby giving one ability to perform under pressure when the market faces dip. And patience is also another key factor when investing in Bitcoin

Bitcoin really is a psychological game as much as it is a financial one. That ability to stay calm when the candles turn red, to zoom out when the noise gets loud, and to trust the fundamentals when doubt creeps in and  that is where real conviction shows......Scarcity, decentralization, and the consistent survival through every Bitcoin is dead headline......these are not just buzzwords, they are proof of a resilient system. But like you said, investing only what you can afford to lose is what separates thoughtful investors from emotional wrecks. It is not also about being fearless, it is  about being prepared. Patience and discipline are not optional in this game, they are  your armor......

[pawel7777]

Apparently the daily inflows of bitcoins to Binance have increased to almost 7k. This was due to whales sending their money to the exchange, but the short-term speculators also joined in.
I guess we have approached the stage where even those who are optimistic about the market are looking to realise some profits by selling at least a portion of their stashes. But it's also possible that some of the sellers decided to convert bitcoins to altcoins, as we have some signs that the altcoin season might finally be kicking in.
Bitcoin's price recovered from week's low of $112k to $115k. Some of the top alts are showing much better daily growth, but they also got hit harder during the recent dip.
Not muh change in terms of BTC's dominance. We're slightly below the 61%.

[avp2306]

 Great point you’ve made! Bitcoin fundamentals like scarcity, decentralization, and potential as a store of value has been acting as major anchor when the market gets chaotic. Despite the countless death predictions of Bitcoin, its durability has proven its strength. However, risking what you can afford to losing it’s a key point, it isn’t just financial discipline I can say it’s another level of physiological resilience and confidence thereby giving one ability to perform under pressure when the market faces dip. And patience is also another key factor when investing in Bitcoin

Bitcoin really is a psychological game as much as it is a financial one. That ability to stay calm when the candles turn red, to zoom out when the noise gets loud, and to trust the fundamentals when doubt creeps in and  that is where real conviction shows......Scarcity, decentralization, and the consistent survival through every Bitcoin is dead headline......these are not just buzzwords, they are proof of a resilient system. But like you said, investing only what you can afford to lose is what separates thoughtful investors from emotional wrecks. It is not also about being fearless, it is  about being prepared. Patience and discipline are not optional in this game, they are  your armor......

You will only feel that way if you are considering to trade your Bitcoins. Also its so hassle to deal with many sentiments and market movements that's why its actually not idea to trade you Bitcoins because its risky to do this actions or decisions.

The limited supply make it more scarce in future and that means there's good future will come on holders especially those accumulation made by lots of people including those institution and government doing it. So buy Bitcoin now and see what future would bring to you. Bitcoin long term investment is so simple and don't let other things make your life hard so accumulate and aim for long term.

[ZeroVinsonN]

Apparently the daily inflows of bitcoins to Binance have increased to almost 7k. This was due to whales sending their money to the exchange, but the short-term speculators also joined in.
I guess we have approached the stage where even those who are optimistic about the market are looking to realise some profits by selling at least a portion of their stashes. But it's also possible that some of the sellers decided to convert bitcoins to altcoins, as we have some signs that the altcoin season might finally be kicking in.
Bitcoin's price recovered from week's low of $112k to $115k. Some of the top alts are showing much better daily growth, but they also got hit harder during the recent dip.
Not muh change in terms of BTC's dominance. We're slightly below the 61%.

Fluctuation are expected to happen, bitcoin is a volatile asset after all, but altcoins growing to challenge bitcoin's dominance won't be happening, with a few market corrections all altcoins will be where they are supposed to be and bitcoin will remain at the top as always, maybe most people sold because they always planned to at this time, it could be very much coincidental that it all seemed to happen roughly around the same time giving off a feel that bitcoin investors are trying out other assets, but I believe things will clear out soon enough

[Samlucky O]

If newcomers understand that if they can continue to invest in small amounts, they can expect good things in the future. Collecting 1 Bitcoin will not be easy for newcomers, but nothing can be achieved without effort.

It is easy to do simple arithmetic and ascertain how much one must have built if one accumulates a certain amount of bitcoin per weeks and do that consistently over a certain period of time. that is not difficult to know but the issue is in being discipline to translate such knowledge to reality where you actually do the buying consistently for at least a year and then continue doing it for a longer period of time till you must have reached your investment goal.

the most difficult part of investment is getting started and actually staying disciplined till you have gotten what you want. literally, if one starts with $50 per week, you can be certain that in a year, you must have accumulated nothing less than $2.5k in bitcoin and for a newbie that is just in his first year of investment, there is nothing that will be more rewarding than looking at his wallet and seeing that amount of asset sitting down, that is going to be a driving force that will motivate him to replicate it the next year and then another year. the consistency in long term investment starts when you are able to stay disciplined for a year and then it shows that it is possible to do that for two years and then multiple of circles.

yes it may be easy and simple to do an arithmetic to ascertain how much we must have accumulated in a specific period of time as speculated, but yet we cant still forget that bitcoin investment is not as smooth as we always think. i have usually made such assumption of a smooth ride in higher frequency of investment to see a significant result or outcome of an investment, but forgets to include the circumstances that may well disrupt our journey. no matter how we  are determined or how discipline we are, there is still a tendency to be whinpy at times like falling into some circumstances. it could be as a result of low discretion or not having adequate fund from our source of income or being out of job. these are possible scenario that could slow down our journey and we can not deny that fact. but still we need to put more effort to buy more especially when we have enough discretion. it might not neccesarily be a constant pattern of $50 per week but investing as we a capable or to try as much as possible to get a sizeable amount within a specific period of time , so being aggressive can be good especially when our income source have increased or discretion is high to be able to stack up more stash.

of course anyone can invest $50 $100 $200 or even $500 a week, and a sizable portfolio a year or more, but the fact is that they should not be overly aggressive to an extent of later selling their bitcoin stash. for a newbie that wants to invest in bitcoin, he should not  be too fast to replicate his investment year after year like a must, but they need to invest as little as they can as not to get fucked up sooner than expected.

[SilverCryptoBullet]

You will only feel that way if you are considering to trade your Bitcoins. Also its so hassle to deal with many sentiments and market movements that's why its actually not idea to trade you Bitcoins because its risky to do this actions or decisions.

With different stances in a same market, and even with same capital spent in a same market, you will have different ways to go as either an investor or a trader with long term or short term strategy. Hence, your psychology with your position would be very different as well, and unfortunately it decides your actions and how you deal with the market.

If you have short term vision, short sighted plan, you will be affected by news, FUDs, and market volatility and it in turn increases your mistakes in action. Oppositely, if you have long term vision and corresponding plan, you will almost not be affected by news, FUDs, and short term volatility so you will have stronger hands to hold your bitcoins for a long time and wait for great profit.