Topic: Bitcoin Price History 2010-2021 in 2 minutes can help you to be less panic (Read 586 times)

It depends, I had a talk with someone who has been holding coins since 2012, selling a few now and then, and when I was curious why he said he doesn't feel that he will keep most of it in the next few years told me simply:
"I bought some of those coins for $10, I could have sold at 69k in 2021 or I could have sold at 72k in 2024", and I do understand the guy after making 6000x on something you kind of stop caring if it will make you double the money in another 4 years. Even if he had dumped everything at 20k, he would still have made 2000x, which is a return nobody buying now will see anymore.

Also the psychological factor, everyone was safely holding $100-$1000, and most wouldn't have cared if it turned to zero, now if you actually have a few million, you start thinking otherwise, even a 50% is still a loss equal to life without worries.

In claims like this it is quite dubious because it is not that it will not go up but does not know when it will go up, that is always the reason why the claim "will definitely go up" is difficult to believe because anyone cannot know the future about bitcoin, as well as people who are in the past.

I am one of the people who claims bitcoin will definitely go up again, but that is my own confidence for myself not for others, here it is only limited to speculation, I will say for readers this is only for me personally but you depend on how you understand it and should do you on research, your decision is your own responsibility because you did it not me, and on the internet it is a wild assumption, so you have no right to demand responsibility from anyone who says it, because even if it is true you are not asked to pay the person who said it.

Stand on your own understanding and your own decisions, make people's words only a reference for your analysis and decisions.

You are not correct. There are also known figures (Michael Saylor, Cathie Wood) who say it publicly. So the semi-anon part is no longer a rule.

And.. do you expect them to take any responsibility if things go south? I don't. And you know why? It's not only the experience that tells me to do as I think, not as others say, no. It's that I understand that they are biased and what they say you should see as advertising. (Do you believe when you see on TV that detergent X is n times better than "a normal one"? No, but you might still buy it.)

Here it's a bitcoin forum. Many will express their trust and expectations. Is that a financial advice? I'd doubt that. I repeat, it's a bitcoin forum. Would you go to a PlayStation convention and ask whether you should buy PS or Xbox? No. So filter everything through your own brain, take your own conclusions and so on. (It's a general advice for everybody).

Sometimes I mark my advices with DYOR/NFA type of warnings. But really, it can easily become tiresome to do so. And if you expect everybody do that.. you are expecting too much.

That's the problem, people have no problem saying it will 100% go up to other people who are seeking financial advice because they do it (semi)anonymously.

If you are saying other people to invest because it will surely go up, you should take responsibility if it doesn't go up.
Otherwise, why write such claims ? just write "maybe" it will go up or 99% it will go up, but you should never say it will do it for sure.

They don't care about other people, they only care about their little bags, that's why they get so angry when someone like me points it out that it's not a 100% given that it will go up and I rightfully call them idiots but they deserve to be called so much more than that.

The signs for newbies are all over the place. The problem is: most of them will miss them. Even getting to this post means luck or experience.


Even if he would send that, would it matter? We are only random "anon" people on the internet. People should understand that there are no proper financial advises on the internet.

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Historically Bitcoin "always goes up" if you look at the big picture. However, on smaller periods of time it goes down abruptly. Since we are in the ages of no patience, since many newbies think that bitcoin is a get rich quick scheme, they may get burned (typical FOMP buy high and panic sell low).
Right now we are supposed to be in a bull run, although lately the price went more down than up. It's expected to go up again - sooner or later. However, even though the math of halving and the history tells it will go up, there's never a certainty. Does this have to be written down over and over again? Some would say "Maybe". But I don't think so.

Atleast that would serve as a motivation to some new investors that would always want to panic and talk thrash about Bitcoin when there's a dip. Bitcoin is a very good asset for investment and would continue to be the best Cryptocurrency to invest on, if only you understand it. Most of those investors who complain don't learn before coming into Bitcoin, they just want to put in some money and double it, forgetting it's not some money doubling scheme, I believe that first and foremost,what anyone who wants to start up something should do is to learn about that particular thing and once an investor has made proper research about Bitcoin and has known about volatility, then there won't be any reason to complain, new investors need to normalise studying the circle of Bitcoin to avoid unnecessary complains, they must love both the bear and bull season to succeed in Bitcoin investment.

Sorry that I hurt your feelings (sincerely), I think you spend too much time on the forum.

Thank you for your comment on my profile, there is so much energy in it  
I doubt anyone reads it tho  

This is a good video, giving people the overview of what it was really like, that bitcoin is cyclical, and that whatever you lost, as long as you haven't sold a single satoshi, could still be gained back and made profit from. However, it has to be said that compared to the peeps back in 2010, we're in a bigger pressure considering that we have to uphold this price point as much as we can. We're sitting at 60k from 29k this time last year, and if stuff goes on we're on trend to reach another ATH by next year. We can't get there however without the help of the people, and the people wouldn't help out if they don't see fit.

So yeah, we can show them hundreds of vids like this but we need to give the people a reason to invest and keep their investments.

As I've already written, your greatest achievement is to attack someone on a personal level - and now I'm pretty sure you've posted on this forum before using other accounts. Maybe I'm not (and I'm sure not) the brightest member of this forum, but at least I'm not a lying piece of trash who hides behind an alt account and pretends to be a trader with 20 years of experience, while at the same time acting like a spoiled brat which is still dependent on mom and dad.

It's nice that you have time to read my other posts, No - I did not had coffee with any of them  

Higher volatility can be easily checked on charts   and the outdated part Bitcoin users can feel on their own skin with high fees and long transaction times.

I knew you will not understand a word, forum achievements ?  

You're not a very bright person...

From someone who until now claimed that he only traded stocks for 20 years, you turn into one of the first supporters of Bitcoin, what's next, you will say that you personally had coffee with Hal Finney or maybe Satoshi?

I never thought that Bitcoin was a scam, unlike people like you (Buffett Boys) who are just looking for an opportunity to prove themselves to the old man - as if that would mean something.


Backed with what exactly? You have written nothing but your personal beliefs in which you claim that Bitcoin is an outdated technology.


When there are no more arguments, then you go with ad hominem attacks - implying that I don't understand what you write and calling other forum members idiots is obviously your greatest achievement on this forum.

I don't have any other accounts on this forum, if we take your approach then I can tell you have hundreds of accounts here on forum  
I may have similar opinions to other forum members, I have spend a lot of time reading this forum and I don't earn anything from it aside from information.

I'm here on this forum because I like to discuss technologies and I have been heavily invested in Bitcoin in the past when it was still regarded as scam by regular folks like you.
What I have wrote may be regarded as FUD, but it's not FUD without backing.

I doubt you will understand anything from what I wrote here.  
I think you should visit /r/Bitcoin, it's the largest echo-chamber of them all. You will love it  

Can you at least confront my FUD with facts that say otherwise ?
What I have wrote that seem not true to you ? the fact that Bitcoin is a software ? or the fact that it's volatility is higher than 10 years ago ?

I am now sure that you have already spammed with similar nonsense with some of your other accounts in the past - but that only means that you are there for a reason to spread FUD - whether it is because someone is paying you for it (unlikely) , even more so that you are very likely to be disappointed because you missed the opportunity to profit on Bitcoin while you were earning some small change trading shares (allegedly).

You better stop making a fool of yourself, because if you're not interested in Bitcoin, who the hell are you doing on this forum?

So far volatility has been only increasing... and if looking into past was like looking into the future then everyone would be a millionaire.  

Bitcoin is not digital gold, it's just a software, a piece of code - outdated on top of that.
If it was updated according to demand then it would be worth more but today it's just an outdated transaction processor that has more problems than it's worth.

Sure it's good that people learn about Bitcoin price history, so they would know that Bitcoin always survives every downfall. But also years back, I would usually see some people asking questions as to whether bitcoin would become stable or not, and in these current times, I feel we might be getting to a stage where Bitcoin would be such. But let's watch and see what happens. Always hoping for the best.

This must have happened to some people who were not confident in cryptocurrencies. If you want to invest in the current time, you must follow the DCA method and it will be long-term and the purchase price of Bitcoin will be controlled. In the current bullish Bitcoin market, many people are not brave enough to invest in Bitcoin. This was also the case in the past. 

Because the Bitcoin market has been booming since its inception, so if any investor is participating in Bitcoin, he must follow the DCA method to ensure long-term investment, which is possible to survive in the present time and hold on to Bitcoin.

It could help, but we can't do anything about those who panic and pushes the sell button during the dip, and maybe others might not agree, but it's good to have that kind of experience and so you will know what mistakes you committed and perhaps the next time you encounter this kind of market correction, you should at least know what to do then and not sell at all.

And then think of the better option, why not continue to accumulate so that you can have more BTC. And then you evolved, you look at the bigger picture and then the video that you posted might reinforced our beliefs although we have seen how resilient Bitcoin is thru its past historical logs.

The biggest reason why newbies panic is because their chart is zoomed into daily, hourly, or even 5 minute. Every time they see a cascade of red candles, their mind immediately tells them to panic sell. Why? because the candles are big. That is the whole reason.

They need to zoom out and stop flip flopping on what is supposed to be a long term investment.

Holding bitcoin isn't as easy as it sounds. We need diamond hands in order to hold it for a longer time.
I have been there and I have seen how hard it can be seeing bitcoin price falling more than 80%.
You start doubting yourself and start panicking. The market will tell you to sell but you will still have to hold.
But once the price stars recovering you will feel the joy of holding and you won't be able to comprehend how happy you are when bitcoin touches a new ATH.

With bigger market cap, it's harder to grow with same ROI like past cycles and we will see smaller ROI with future cycles but if price can maintain at high price area and continue to grow more with time, Bitcoin will be a good asset for investment.

People who believe in callings like Bitcoin will make 10x price growth in 2024 cycle or 2028 cycle, are lack of basic knowledge about finance and financial market. If they believe in such calling, they will lose money by buying at top and wait for higher highs that will not happen in a current cycle, then they stuck in a bear market and will have to make hard choice, exit with loss or hold with less confidence.

I am not here to argue with you, but will point out that you are making interpretations of what I wrote and again - I used word doubt not sure so your interpretation really doesn't matter.

 

Have a great day 

There is no point in waiting 10 years to prove something - I will link you when the price reaches $100k, and that will probably be much sooner than you think.


Regardless of the way you interpret it, it is quite clear to me what you think about it. You completely ignore the success that Bitcoin achieved from 0 - $70k+ in some 15 years, and at the same time, without any logic, you think that this is the maximum that it will ever achieve.


I do not advise anyone to invest in anything, not even Bitcoin, but I will always advise people to choose Bitcoin among all available altcoins - after all, we are on a Bitcoin forum and there is nothing strange that people give such advice. Calling people idiots because of that is a bit idiotic - I was called that by some people when I advised them to invest $200 and buy 1 BTC some ten years ago - today they feel a bit like idiots, but at the end of the day everyone decides for themselves.

No point to argue today, I will link you to this thread in 2034.

But the difference here is that I said I doubt it will go to 100k, I didn't said I'm sure it won't go to 100k.
People who say they are sure it will go up are bonkers and shouldn't give any advice to anyone.  

Just look up this idiots above, I wouldn't have anything against someone who believes it will go up but giving it as an advice for investing is disgusting.
Maybe I'm being too "touchy", people really believe in BTC going up forever and think they are doing good by sharing their love  

Will be back in 2034 to confront it. 

If we had this discussion 10 years ago, you probably would have written that the price of Bitcoin will never reach $10 000, and 5 years ago that it will never reach $50 000 - that means that only the numbers change, and the opinions of people like you remain the same - do you have a picture of Warren Buffett above your bed?


When did you start trading, in the nursery? I ask because you obviously still consider yourself a "boy" (because of your name), and if what you say is true, then you are at least 40 or more years old, so I am surprised that someone with "20 years of experience" thinks that Bitcoin has reached its full potential (in terms of price). Obviously, those characters who manage companies with trillions of dollars have no idea what they are doing - maybe you should look for a job at BlackRock or try to save Saylor and his company from failure?

Oh great, another one that promises me fortunes!

Why ? because you tell people it will surely go up when given enough time but no one can be sure of that.
By telling people to invest because it's 100% sure win, you are lying and putting people in danger.

So maybe stop telling people they will 100% gain money from holding Bitcoin ? because it may happen that some people lose a lot of money because of this "advice".
And if you really want to give this kind of assurance, give it on paper - put your money where your mouth is.
After all, you are SURE it will go up, so you have nothing to lose.

I swear, some people shouldn't have access to the Internet.  

The question is,
Why should anyone do that for you? Why would anyone go the length of signing a document just to prompt you to invest while they’ve got no gains from the investment and could be at the risk should it come to a loss, which would be largely due some  poor management from you!
It’s okay, at least at your level to not invest or believe that Bitcoin does dump and pump.

It doesn’t make sense trying to dispute or not make meaning out of what is right before you. Bitcoin has been and still is a very volatile currency, from even your own observation, price haven’t dumped and stayed that way. It always pumps as at time due.

That’s the rise being talked about, you hold until it happens but, in Bitcoin for sure.

It is easy said than done, OP I agree with all you said and you can't use the past to motivate newbies of today (well you can with some newbies) who find it hard to let go when it comes to situation where the price of Bitcoin is losing the strength of giving them profit, they have no choice I mean some newbies to sell instead of to hold and wait because Bitcoin always go down and when it starts bouncing back up it give a massive return, so I'd say is a very hard one to hold when the price isn't favorable to some newbies. Is only if they are being monitored by someone who they see as a mentor or something, but aside from that they'll do things the way they feel is better to avoid losing.

That's true, we must know our history to not repeat erros of the past (sell during dips)

I like how it's made. It's good to see how Bitcoin price moves over time, and how at some points during the bull markets the scale rapidly changes because of how far Bitcoin is getting. However, I think that somehow a video like this makes an impression that Bitcoin is growing enormously during each bull run, at least that's how it looks on the scale. But that can lead to a wrong assumption that Bitcoin can easily grow 10x in the next bull run, which isn't true. It was 20x growth between 2013 and 2017, but only 3x growth between 2017 and 2021. Then it was less than 2x between 2021 and 2024. The multiplier's reduction is an important thing for newbies to notice to avoid forming unrealistic expectations.

This type of stuff is the thing that makes it so entertaining to own bitcoin, because we know that it is going to do fine and we have lived this and we know that it will do the same again. I know that there are a lot of people who are new to this market and that's why they do not know what's going to happen, but that doesn't mean that we are going to keep dropping, as we can see here that it is going to have ups and downs, and when there are downs, ups are on their way as we can see here.

Just this week, in the last few days, we have seen a big drop but then we have seen a big recovery as well, all within the same week and yet people still doubted it, which is questionable if you have been around for a while, you shouldn't feel that way at all. I have been here for a long time so I knew that this would be nothing at all and I ended up doing fine, because I knew that it would go back up and that's why I was holding it and did not sell.

Many people who have been here for a long time did the same thing, in fact most of them even bought more because they knew that it would recover, and I think it is going to be easy to see both of those things being possible, as long as you have money you buy, if you don't then you hold.

Bitcoin is one crypto currency that has one of the highest returns over a long period of time and that is the reason a majority of bitcoin holders often constantly emphasize on long term holding. Some alt coins may have good profits over a very short period of time. However when it comes to long term store of value and continuous long term returns in profit, bitcoin is the best option.

I have often times come across a couple of topics with discussions concerning if bitcoin is gradually drifting from it's initial plan of a P2P currency. The fact is bitcoin being a good form of investment overtime  just can't be over looked.

Will you give it to me on paper, signed that this is a financial advice you're giving ? and that you will refund me if it doesn't rise again ?
You can send me digitally signed PDF as well.

These people  

Yeah, this will make some newbies understand more about Bitcoin and also stop them from panicking about Bitcoin when they invest in it, bitcoin is not that easy to invest but as an investor, you have to trust whatever you are doing and believe in it most especially with things that you have seen many people have done it and they have enjoyed the outcome of it, before investing in bitcoin or engaging in crypto you have to understand that the nature of anything that concern cryptocurrency so that if you find yourself in any situation or the market price is going down you will know that is the nature of it and it will surely rise again, what I’m saying is that before you jump into investing in bitcoin you have to understand it and you don’t need to panic when things are not going well, although anything that concern money is not funny when it comes to the investment we should try to understand it.

Haha good one. That's the problem with cryptocurrency kids - they think they are investors but don't know anything outside of charts and on how to do proper study on the market.
So all they have left is prayers and HODL!/Buy more! narration

You have put money into project and just holding for dear life ? You're a gambler.
At least have some balls to admit it  

God: Hold my beer, this one is begging me to turn the market around and provide him with extra profit that he will spend on drugs and alcohol. I have to help.
If anyone enters the market with a prayer book, then it is better to change his occupation. After all, is there an official instruction on which prayers are acceptable and in which specific language?

I was talking about Assets.  Bitcoin is a relatively new Asset.  There is no way it can be considered an old one.  Old Assets are Silver, Gold and others.  Bitcoin is new, and there is so much space for it to still continue growing.

Well.  There are prayers when the Stock Market crashes too, and there are prayers when the Market does not crash but players play it wrong.  This does not make the Market a Casino, does it?  I do not get what your point is.

I admire OP for sharing this kind of motivation, Bitcoin OGs that are still here are proof of how the Bitcoin market is a roller-coaster.
That's why, the best advice is "ZOOM OUT".
Bitcoin is not about based on the price from 1 week, 1 month, 1 year or more. Because the fact that Bitcoin is still here for many years already is the only proof that we must not panic at all.

I don't think that there's something to do with their rational mind if they want to see a lower price of Bitcoin. That's what they think and it's normal because everyone has been on that point that we want cheaper Bitcoins because we've missed buying before it went to the peak of it. And as for the miners, I'm sure that if the price goes down. It won't have something to do with its security. If there will be lesser miners that will continue to mine because of the lesser price of it and they'd be out for a while.

It's possible that there will be new miners that are going to take over and will start to look at that point for which the difficulty will be taken by them and it's going to be noticeable. But I don't want to look into those moments that the possibility of going down or low is there for its price. Volatility will speak for itself as Bitcoin what usually does, now we're back to $62k and this isn't an unusual move for Bitcoin.

Looking at it when it temporarily down to $49k, back to $55k and now a sudden skyrocket of $62k. It's always been amazing and this is why Bitcoin is giving always the chilling effect for most holders that have decided to long.

People who want it to go down that low just to buy more don't know how catastrophic it would be for maintaining security by the miners.
If it got that low, mining industry would never recover and Bitcoin security would crash.

We all know this people care only about FIAT gains, if Bitcoin was acting like a stable coin and maybe even increasing in value just enough to counter FIAT inflation, this people would never bought it.
It's just a casino for them.

You can see how insane they are when looking at posts like "I am happy, opportunity to buy more!" when price crashes by 30%.
It's not a rational mind of an investor, this are gambling fools that don't know any better.

They want to go back in time and buy Bitcoin for cheap because they don't know how to discover new opportunities, it's pathetic to say the least.
But that's because they never had a mind of an investor, just adult kids crying about lost opportunity and wishing it will repeat for them on the same asset.
By doing so they are missing new opportunities but they are too blind to see it.

This same people who praise Bitcoin today will call it a scam in future when their goal of becoming a crypto millionaire fails.
Their knowledge mainly comes from youtube and social influencers...

Madness. Pure MADNESS.

But that's why ratio of wealthy people vs average people is what it is, follow the crowd and find out that masses are never right as they are all blinded by money dreams instead of doing actual research.
Or they go into one of the many echo-chambers and call it a research.

Anyway, you do you, I keep doing what I've been doing and everything is in place 

Well, you're right about that before but there were also scenarios like this that a sudden flash crash and heavy dumps have came in the past. But it's true about Bitcoin being used as a payment before was proliferated but now, it's not the same anymore because everyone is holding it as an asset and store of value. We're missing those days and speaking of the ordinals spam, brc20s, etcs. They've made the network too busy and one of the reasons before that the first time in history that I've seen the fees went high more than $100 per transaction.

That's what volatility means to most of us, we're not blinded because of greed and dreams but it's pure hope that we've seen in the past that it can go as high as it can be but we're not forgetting that these dumps are giving us the idea to remember that it can go as low as $10k as you've said and there are people that still hopes for $3k.

You are wrong, Bitcoin was more stable before institutional money came, it was most stable when it was actually used for payments.
Bitcoin volatility today is crazy, 50-70% pumps and dumps are a normal thing and it will only get worse.
Most on chain action is from trading bots and ordinals spam, it's usage as money has been dropping for a long time and LN usage has been dropping as well.

People see only the bright side when blinded by the dreams or pure greed. But it can as well go to $10k (and even less).

It may be new to you but it is old for everyone else.
It's a technological asset, they mature a lot faster and I would say it is very old in tech world and so financial opportunity is small.

The difference between investor and gambler is that investor has it's rules, gambler has it's prayers.
All I see in this post are prayers.

I wish you all that Bitcoin pumps to $1 million USD but for me wishes are not good enough to stand on.
I need solid ground for investing and seeing as Bitcoin is losing it's utility as payment processor to other projects I just don't see it as a good investment anymore.
Chart patterns are not enough to convince me into investing, I need solid proof that this technology is better than the competition or otherwise I just invest in the competition.

You may have other views on investing but it has been working for me for a very long time and I am happy with my results.
I don't put money where my heart is, I put money where the future is and it's not Bitcoin.

They just can't take the volatility and I agree that they should haven't invested the money that they can't afford seeing decreasing in value due to the nature of BTC's volatility.

It can be a reference and IMO, it's more volatile in the past when they've got no support from the government, financial institutions. They're living like in the hood that no one recognizes BTC yet.

But it's through that it can go $100k and even more. History might repeat itself but as we knew Bitcoin, it's full of surprises and does things unexpectedly.

If somebody is panicked about Bitcoin drops then they probably have way too much Money in it and next time they should think their Investments more thoroughly.  I understand why some people panic logically but on the other hand this is Money you should be ready to lose at any time.  Particularly considering Bitcoin is STILL a new Asset that may or may not have a future in the following decades.  It is after all an experiment.

Also.  Just because the Charts looked similar from 2010 to 2021 it does not mean the same thing happens in the following years.  While it is great to hope, try to be realistic with your expectations and about the possibilities of things happening.  You simply never know what happens next.  Hell.  We may reach the brink of a huge War in the next few years, which would render all the previous Charts useless.

Would be even better if that was slower and there were all these fud and fomo threads / comments that people were saying at the time. And maybe headlines.

I am not sure what people get from that video. Maybe it helps some people, but it's really hard to transfer the feeling i had back in time at all. Fear of losing everything and frustration, and all that surreal maddness isn't easy to capture in hindsight. Years worth of drama happened in just one week almost every week, trying to keep following everything was just too much. But at least it was easy for influencers to get content.

These days this craziness is more public, and people are at least trying to keep up appearances.

If you're not already a millionaire, you won't become one from buying and holding Bitcoin at today prices.
You had your opportunity when the price was sub 1k.

This is a response to all the "It's still early" bullshit, No it's not, it's very late, too late.
People in this space often pretend to be investors but don't know any better and just FOMO into old asset that is already overvalued and hope it will make another 10x or even more.

You can easily make more money outside cryptocurrency space, Bitcoin had it's time and it was great.
As time goes on, there will be less people willing to buy it because volatility is increasing and possibility of doing even 2x is shrinking.
So what you call "latecomers" are more likely "nevercomers", you can as well buy facebook stocks without all the drama or some other old stock.

Bitcoin is very old in tech world and there are better options today, you just bought BS that all the people in the world will want Bitcoin someday - no they won't, they don't even want it today even if given for free.
As an example, In El Salvador people sold BTC they were given by gov to USD right away ($30 worth of BTC).  
Most people don't want to hold, most people want to use it as money and Bitcoin is far from being usable money and it never will be money.

But hey, that's your money and your choice only (or your influencers choice haha).
There are plenty of echo-chambers for Bitcoin holders/buyers, like youtube video you have linked to keep your analytical mind off and keep it dreaming.
The biggest echo-chamber of them all is /r/Bitcoin, it's so detached from reality it's funny, this people live in a religious cult - it has nothing to do with investing

I doubt Bitcoin will ever get to 100k, I think it's already struggling to stay where it is.

I have made a lot of money in the past 20 years from investing, mainly in tech companies so I think I can speak about investments  

If I missed yesterday, and check price today, I would see no big differences of today price and Close prices on 4 August ($60,739) and 5 August ($58,006). If I lived in the market yesterday, when Bitcoin had time of dropping under $50,000, I would feel very panic and fearful.

Today is different than the past days, 2024 year is different than 2009 and other earlier years. 2024 year will be also different than future years too and we are here in 2024 as participants in this market, joining it sooner than latecomers in coming years. We have better opportunities and prices to accumulate bitcoin than latecomers.

If you are panicking then it means you have invested more than you can afford to lose  

Price history doesn't mean S**T, it can go to 100k USD and it can go to 10k USD then sit there for 10-15 years  

If you look at the chart upside down, you can see it has tendency to stay low much longer than up  Far from being a Gold

As much as I agree with you that the above video can act as a motivator for newbies not to panic into selling their bitcoin when they actually should be buying more, I would also say that it's impotant that we understand that the bitcoin of those days is not the bitcoin of today.

And in today's bitcoin, every holder ought to know how to trade, this is one of the wayz to really make money in this space specially in time of high volatility like we saw yesterday, those who know how to trade can easily monitor the market well, sell, wait and buy back at a lower price, this, I have a friend who made good profit from yesterday's dip, he sold all his bitcoin earlier at around $59k and was lucky enough to buy a huge amount back at around $49,800 yesterday, and today, bitcoin is back above $54k.
By all means, learn to trade, it's a good added advantage to have as a crypto investor.

Yup, knew people who quit in 2020. Seemed inexplicable to me, seeing as they'd held in the previous cycles and while I never lived through them, I felt they were far more devastating, given how young markets were.

Can't imagine anyone letting go since the 16k low though, Bitcoin's hardly threatened 30% from ATH, let alone those years of -85% floors.

We make learning by watching through visual aids like we already have as recommended by OP, but we shouldn't forget that there are more other means by which we can still arrived on the same target through other means, learning is multidimensional, we can read through articles, make a practical view in learning with the use of the markets indications, now the essence of my approach here is to help us identify that we can engage on the same intention but on different means to achieve the same purpose, whereby we make use of both the visual and other learning tools to achieve our purpose on the market price.

I have often said that when you know the price history of Bitcoin you'll understand Bitcoin better and that would help you are a holder of Bitcoin, especially a long-term holder. I even made a top about it.
studying bitcoins price history will help you see that there is nothing that is happening to bitcoin today that hasn't happened before. It may not be exactly as it happened before, but it usually follows the same pattern. Price history will help you understand the events that led to a dip or a bull, it will also help you understand why certain news and rumours affect bitcoin.

I remember when the phrase "Bitcoin is dead" was flying up and down after the FTX saga. A lot of people even believed Bitcoin would never rise this high again, certainly not in such a short time. As someone who was not into bitcoin at that time to witness such, what you need is the price history of bitcoin so you can have an understanding of what bitcoin has been through and it's still here today bigger and better. Finally, it will help you understand that Bitcoin will still go through similar paths. It may be worse, it may not be that bad, but brace up.

The video is there
https://www.youtube.com/watch?v=cxrffRNJNKM

It is for Bitcoin price history from 2010 to 2021, not till today in 2024, in live action. By watching this live price video, we can feel how challenge it was for people who owned and held bitcoin previous years, especially in very earliest years.

By watching this, it can help newbies to feel more confident on Bitcoin survival and its strength, to give them own strength to be less panic, and hold their bitcoin.

Be strong and keep holding your bitcoin. If you sale off in panic, you will be like many people in the past.