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Those who don't invest in bitcoin now or beleive it is like gambling and you can lose money with blink of eye the market don't cares.Baking bread will be left only with them because inflation will reach its peak that they will have to bake bread only as nothing much could be affordable with your paper dollar bills in your pocket and you could also burn them in tossed bread sandwich then.Good luck to all of you bitcoin is going its way and government will still be printing more notes that would not be used any more.

I am definitely sure that after this well detailed graphical representation, some people will still choose gold over bitcoin, but I just bitter those set of people, because the journey of bitcoin reaching $100k has just begun.. And now is the best time to aquire as much bitcoin as possible.

It has been 4 years since I came into contact with Bitcoin to know Bitcoin. There are many friends around me who invest in digital currency, but I never make decisions for them or give them guidance, because of everyone’s mentality.

It's not the same. I can't solve this kind of character problem. Investment portfolio, investment time, investment ratio, investment skills are not suitable for everyone. It is like a person who has won a very good poker, but lost miserably.

Investing in Bitcoin is not as good as believing in the future value of Bitcoin. For some stubborn investors, as well as those who like to gamble, I will not waste my saliva, it is better to bake a piece of bread.

 

We all pass through this phase at sometimes and many people were considering gold as better or say best investment which will give them stable returns in the past but now what is happening around the gold market? The gold has been here from ages and managed to have a market cap of around $11 trillion at current but bitcoin has managed to reach $1 trillion in just time span of 12 years which no other assets or major companies have managed to do so.But with limited supply of 21 million and time barred to mine all of them in 2140 is other boost to the prices but on the other side gold mines are still active and who knows when they will be exhausted.I also made a post about the same in WO thread and you can have a look at it : https://bitcointalksearch.org/topic/m.57568191

The image described how diminishing returns gold has given to the user for all those years and who still believes btc is bubble and gold is safe heaven are going to blame themselves and government in coming days so don't belong to that category.


It is good that you change your viewpoint about the same after getting btc exposure and came to know how revolutionary it can be against rising inflation and can turn the financial stones for you.

That's a great motivation especially for newbie in crypto market most of the new people don't believe in bitcoin because they think this is a Ponzi scheme and some bad news are also there just to scare the new people. I think everyone should invest in bitcoin whatever the amount they can afford to invest.

Buying it early may not be able to hold until now.like me.
In 2019, I bought 10 bitcoins. When I bought it, I told myself that I could hold it forever. The result was still being shaken off the car.What a painful realization.
The biggest mistake of people who buy Bitcoin without making money is that they don't have enough faith. They buy a dream that they don't really believe in.

Fortunately, it is not too late for me to understand this.

This is the beauty of this forum, we keep expanding our knowledge daily. Reading the analysis in the main post and your comment here, I have come to realize how shallow my argument was when I wrote an article about saving your money in gold for the long run. https://bitcointalksearch.org/topic/m.57567467
And most people that saw the weakness of my argument pointed it out straight away.

Bitcoin has proved over and over again that it is the best long-term investment plan one can have. Even with the various major dips it has suffered at different points in time, it still gives the best ROI. This is the best data to give to anybody that is asking if BTC is a good long-term investment plan.

I think with time some alt-coins like BnB, ethereum and more will be at the price Bitcoin is, but who knows at that time the price of Bitcoin, to me, Bitcoin May as well always be higher than this alt-coins, but as a grounded investor you shouldn't regret on Bitcoin, you can invest in Bitcoin now and alt-coins and for long term like 2025 above and you would be exciting about the profit, I think highly of Ratimov for this, but in between -Newbies- don't regret why you didn't invest, if you knowledge about Bitcoin or alt-coins can carry your investment then make the investment.

With the many developments and advancements regarding Bitcoin some may still be unsure of the future of bitcoin. That seems to be one of the reasons why novice investors prefer other forms. In addition, many countries in the world refuse it must be another reason. Indeed, choosing an investment is freedom but a smart investment must be made.
Since some companies are buying cryptocurrencies maybe some thoughts have changed, the indicator I see is the number of people who show themselves in a crypto trader activity. This happened this year after the halving, because its value grew very fantastically during yesterday's highest price. Because I have followed Bitcoin since the beginning so I know how its history is and until now all that history makes me believe in bitcoin more. Even though I don't just invest in Bitcoin.

Bitcoin is the best asset anyone can invest money on, I have made so many mistakes in the past thinking that another BTC like project will come to be honest no other like BTC, though I make money from altcoins but BTC is the real golden gem, many are thinking it's already too late but it's still early, there will come a time that Sats will be insanely high, I've learnt the hard way

Yes, you are right on point. I have learnt this the hard way though. I had collected some coins by putting in some money every now and then.
Then I started trading and earned a decent profit but during the recent dump I lost around 25% of my portfolio.
I know it was due to my own mistake and I mostly lost it because I was trying to recover the losses but instead lost more.
Now I have decided to accept losses and start accumulating again and just HODL this time for the long term.

I can te you that, the same mistakes most persons who heard of bitcoin made some 11years ago made, there are a lot of others making that same investment today. Some do not believe and that's the difference between an investor from everyday societal people. Investors see potentials in the rear places, places no one seems to look but risk it and be sure to wait until it becomes something of value.

People think bitcoin is too high but, they forget that you could accumulate Sats. Again, there are lots of altcoins in the market today with $0.00... value. Most of them are scam coins but, it takes an investor to know what to search for and determine potential. Like, what the coin is bringing to the crypto space, what problem does it solve, the team behind, the market cap, exchange listing and lots of others. A crypto investment can save your life if you know what to look out for and never feel its always promising. Investing is a risk and you should be willing to take the risk.

The calculation the OP did remind me of what read on Yahoo finance which says "Bitcoin is the best performing asset of the decade"

This is the fact novice crypto investors don't understand about this market which also makes me ask myself how did people make the lost they complain about when they can make a profit just by holding their coin when the market is dumped till when it will be green.

The presentation is well explanatory and am very impressed this could also go along way in teaching the novice, one thing they lack most is a guide for directions, when to invest, what crypto to invest on and so on... Creating a constructive crypto novice materials, charts, and the likes would create a delightful impact on beginners.

One thing short-sighted investors forget is that today's expensive could be tomorrow's dirt cheap. Those same people were probably whining in the last cycle and look at how much money they could have made if they bought it when it was the most expensive (back then). Those people will always be around and will never make anything in this sphere because of their shortsightedness.

Of course, we are all going to die sometime, and some people have pretty good ideas when their life is coming short, but other people do not have very many ideas about how many years that they might have left.

If you do not have any clear indications that you are going to die in the coming 4 of years, then most people should invest in some bitcoin, and sure it could take a while to set up accounts and all of that... so then once you are in, and then you determine approximately how much of a stake that you want, then it is a matter of how to do it - whether a lump sum, DCA, buying on dips or some combination of that. 

There are advantages and disadvantages to each, and frequently DCA is amongst the best for someone who just wants to manage cashflow, but ongoing investment into BTC does put your timeline 4 years from the date of each of your investments, so sometimes a lump sum would be good, especially if you already have the money and you know how much you want to put in

Another thing is that past performance does not guarantee future results, including getting 10x in 5 years, and maybe you just break even or maybe you just get 6% per year for the next 5 years.

To me, it does not make sense to put too high of expectations ONLY on  the upside potential, but it is good to attempt to be somewhat realistic in terms of how much to allocate into BTC and how to go about it in terms of your own situation including but not limited to cashflow issues.


Hm?  I don't know how people believe that there is "for sure" with anything, especially related to investing and the future.

That's a very good comparison to show to the beginners entering into the crypto world.
Another thing that I would like to mention to the newbies is that do not trade cryptocurrencies unless you become professional at it.
I have traded and lost quite a lot in crypto trading but I was never able to accumulate as much profits as I got in just HODLing it.
I am a long term HODLer and I have got decent profits in just holding the coins.

You can try trading with a very low amount and practice it but unless you become a professional and know exactly what you are doing you shouldn't trade crypto.
Just try to accumulate the coins investing in it slowly over a period of time. You will definitely see the profits in the long term.

Invest it is take time to claim your profit
Nowadays if you invest your $1000 after 5 years it turns into $10000, but not just simple cause we all know that  being an investor we need to take a risk because Bitcoin is Volatile and the price are not steady. sometimes it goes down sometimes up but if we hold our Money after many years for sure your Money will multiply by 10 or more.

The most safe investment According to people gold has given diminishing returns and see how ironically the investment have gone $4 less from the initial 10 years and people hodling gold bars in their bank lockers over all these years worth $1k now have $996 with them.It seems like having same dollar bills with you and counter inflation has depreciated your wealth over time now.The past 10 days comparison also is like gold -10% and bitcoin giving annual returns of more than 300% to the holders.What is people can't hold bitcoin if they can hold gold in lockers for all these years? They call it risky and bubble and how will they feel now they knows.But overall nice comparison.Most importantly Don't call bitcoin Digital Gold because it's far more worthy than it.

To some people will claim that some shitcoins have given more returns compared to bitcoin but they need to have proper knowledge first of all because there are certain reasons for bitcoin growth like consistent adoption, network security,soft fork upgradation and a growing community but those shitcoins rises with influence and have no utility to serve and when you realise it that once crashed they cannot recover but btc if down 80% also will give 180% return to patient holders which only less percentage knows.

Very good comparison Ratimov, thank you for that.
What I find very interesting is that investing in bitcoin 10 years ago would not have been the most profitable but an investment in tech companies like Amazon or Apple.
Personally, this is important to me because I recently had doubts about whether to invest in one tech start-up or bitcoin given the possible return on investment.
This is now an additional argument for me that I made the right choice by investing in a business start up and that it is always good to make a diversification of investments and not just depend on crypto investments.
It's always good to have more open options