If the investor who invested at the late october peak 2021 baught when the first person baugh he could also have made him self alot of profit but now you can see there different clearly $17500 and $13600.
The first guy has 0.5386 BTC and the second guy has 0.4489 BTC. and sometimes we still cannot change the facts and/or the prices in which we end up accumulating BTC, and there may well be cases in which we acquire a bunch of BTC, and then the price goes down, and then we see some later entrants who are able to buy more BTC than we have for lower prices.. so yeah, we cannot necessarily avoid some of those kinds of situations, and we just need to do our best in terms of building our own stack so we feel as if we are prepared the potential of UP and also for down too.
definitely, but It depends on when you bought your coin. like those who baught btc at the rate of $100 each, will never face the challenge of buying at higher price and it dips and another person bought cheaper than the first person. I think people who actually accumulated alot that never regret the ups and downs market fluctuations are those early adopters who accumulated less than $100. because even if btc surly reaches $75k and dip down to $20k, they are still at advantage. so I presume early adopters should be classified as those who bought below $100.
I don't really object to your idea of buying below $100 as a kind of early adopter status, yet earlier adopter status is on a kind of spectrum with a lot of differing levels of early adopter, since if you think about it, even those various early adopter who bought a decent number of BTC below $100, they likely also got into bitcoin at various prices along the way and maybe also sold too much too soon, so they might have spent some time reacquiring some of the bitcoin that they sold.
though I agree with your explanation, and I know your point of view. but what I was trying to explain is that earlier adopters as I presume was probably people that bought Bitcoin when it was $100 per 1 Bitcoin or lesser in price like $50 each. surly most people who may have bought 1 bitcoin at $10 may panic and sell when it increases to $20 and those who bought 1btc at$20 will also panic and sell when it reaches $40 due to excitement. those who bought at $40 will sell at $50 to $100 continuously as the case may be and parhaps bitcoin future was too misterious for people to have believe that 1 bitcoin would ever reach $1000 talk more of reaching $75k someday. the reason why people keep on selling and buying the accumulated stash then was that they think bitcoin price may never continue to rise, so selling it will be a better option than regret ever after but never knew bitcoin was far from their emagination. it is a normal thing in bitcoin investment.
people who are not patient always land themselves into a state of confusion which makes them sell too quickly later down the road. sometimes the cause of given up hope on bitcoin is due to interaction with misleading fellow or people who dont have zeal or passion as you do.
Fair enough in regards to the further explanation in regards to the various things that earlier adopters might have done, and surely there has been a decent amount of variance, and yeah some may have sold too many too soon, and others may have just sold portions of their stack. Some may have had conviction from the beginning and others developed their conviction later, and surely it would be difficult to characterize in general kinds of ways, since there surely have been some folks who might have had approached BTC in similar ways as me, and surely there are differences in the financial circumstances of folks and even their technical knowledge, and including considering details of their
9 individual factors, too.
By the way, I am claiming that my average cost per BTC is right around $1k, so yeah, I bought bitcoin cheaper and more expensive than that. I think that the lowest that I bought BTC was around $182.. but surely I did not buy very much because I had run out of money, and really when the BTC is dipping that low, sometimes we will run out of money, and I ran out of money for a lot of 2015 during the time that the BTC prices were in the $200s, and surely I have some purchases in the $200s, but really there sometimes can be difficulties buying when the BTC price is so low, especially if you already have a bunch of BTC and your costs happen to be way higher than the then current price.
Also, I made several mistakes along the way, which I expect others to have had made some mistakes along the way too, whether they are earlier adopters or not.. and the concept of early adopter is surely a relative term, since it is likely that anyone getting in below $1k will be considered an early adopter to some, and anyone getting in below $10k will also be considered an early adopter to others. .maybe a bit later down the road, even though newbies to bitcoin likely realize that it is quite unlikely that either sub $10k or even sub 20k or $30k will ever be reached again.. Surely the lower the price, the more confidence that we might have that such prices are not likely to ever be reached again (absent some breaking of bitcoin).
Since we are still likely less than 1% of the world's population into bitcoin, is it is likely in the next 4-years or even less that we might be able to develop some confidence that sub $100k will never be reached again.. Surely, we cannot really know, but it does seem prudent that folks figure out some kind of an allocation into bitcoin so that they have some of it and are able to build their holdings of it, even if the amount that they are building is not very large in quantity.
By the way, there are some later adopters who have quite a bit more BTC than earlier adopters, and sure the odds are against them, and sure their costs per BTC are way higher than the earlier adopters, but still some of the later adopters are able to put themselves into a better position in terms of their BTC position, even though it ended up costing them a lot more to build their BTC stash... so a guy who bought 5 BTC for an average price of around $10k per BTC is likely better off than the guy who bought 2 BTC for an average cost of around $1k, and there are a lot of variations of those kinds of examples where later adopters who are more aggressive persistent and organized might end up putting themselves into a better place than some of the early adopters who are more whimpy, hesitant and perhaps engaging in some bad practices (trading, consumption and/or distracted into shitcoins) that did not emphasize BTC accumulation.
Indeed.
Almost everyone knows about Bitcoin's volatility, although while we all anticipate price fluctuations, it's impossible to predict the particular direction and magnitude it'll take.
You're also right that even people who believe in Bitcoin's long-term potential for growth, it's also impossible to predict the exact timing, the extent it'll grow and the exact pace at which it will.
These uncertainty shouldn't actually be a bad thing, to me, it's exactly what makes bitcoin investment exciting and adventurous because the more you advance, the more you learn and discover new techniques and approaches, learn from your earlier errors and advance.
It's very crucial for an investor to know exactly how to understand and manage these uncertainties through risk assessments, long-term perspective, regularly balancing one's portfolio, diversification and always eager to research and learn more.
Bitcoin is bound by uncertainty of what the price would be especially in the future. But doing one interesting thing is that you can be uncertain what the price would be tomorrow next week or next month. One thing is assured that the price in the next 2 to 3 years would be greater that what it is today, So the question is two to 4 years a so big that investors won't have patience to wait? Many persons are misled by the dip action currently thinking it will dip even more. My dear one doesn't need to be persuaded much a true investor will see an opportunity like this and buy the dip instead of thinking about where the price would be soon.
There's isn't any guarantees that one is going to make more profits in the next 3 or 4 years and above, because we can't actually tell the or predict the market movement.
I can tell you for fact that there is a guarantee that if you invest in bitcoin now and hold it for 3 to 4 years that you will see profit.
You don't know that, especially since you do not know the future... maybe you could say that gravity will still exist, but you cannot even sayt hat the sun will still come up in the east and set in the west in 3-4 years.
What I can't tell you is how much profit you will see. 4 years is another circle of bitcoin and from history there is always an upward price movement before the next bitcoin circle. Bitcoin wasn't trading at this level 4 years ago and it won't be at this level 4 years from now.
Past price performance does not guarantee future results.
Bitcoin price is measured in it's circle. So saying that there is no guarantee of profit in 3 to 4 years ahead doesn't seems right.
Even if it does not seem right, it is right.. there is no guarantee, even if you might assign high probability towards profits being present in 3-4 years... that high probability still is not a guarantee.
I think you have to back the history line. The reason why we encourage people to hold bitcoin for at least a circle is because, that's when we know bitcoin price use to appreciate.
The investment thesis in bitcoin is strong enough that a long time frame should be something that someone should be able to commit to.. .and figure out an allocation size that is appropriate towards his being able to hold for the long term (and perhaps continue to buy too.. until he reaches his own accumulation goal.. which also might be a bit of a moving target).
And when something appreciates it means that profit is recorded. People that bought last circle saw profits, so anyone buying now and waiting for the next circle will definitely see profit, no matter how small or big it is, will be determined by your investment size. Just know this.
Even if you might end up being correct that BTC is "in profits" 3-4 years down the road, your way of thinking is likely to get you into trouble.. but hey you can think how you like, but you are sharing incorrect information if you proclaiming that profits in bitcoin are guaranteed..,. and hopefully no one believes you. .and people who listen to you might consider that you don't have a lot of credibility because you talk in terms of absolutes... but surely there are some people who might be dumb enough to believe you, but probably a lot of folks will consider you a looney if you talk like that.
There are likely better ways to frame the matter without having to talk in terms of absolutes, but if your brain is broken, you might not even be capable of understanding anything other than absolutes.
By the way, when we talk about the past, frequently we can talk about absolutes because it already happened, even though sometimes people will disagree about what happened in the past. Once the future turns into the past, then it could be described in absolutes, but even with the future there are a lot of variables, and sometimes low probability scenarios end up playing out, but once the low probability scenario plays out, that scenario ends up becoming 100%, even though it might have been predicted as a long shot or even hardly likely to happen.
There is nothing wrong with conducting ones life with expectations of what are more likely scenarios to play out, but surely we know that more likely scenarios frequently do not end up playing out, even if they had been reasonably considered to have had been the more likely scenario. Sometimes the playing out of a minority scenario will end up affecting future possibilities, and sometimes the minor scenarios end up being inconsequential in terms of their connection to other systems in life, whether we are talking about something in nature on a small scale or maybe some human interaction systems such as politics and economics and markets.. or some human interactions are very local in nature and others are more global, but sometimes local events will also effect global events... and some of the events are within predictable parameters and other times, some kinds of things come out of the blue and they end up affecting other systems.
Of course, bitcoin touches upon a lot of systems, and has potential to touch upon a lot of systems, which is one of the important things in terms of learning about bitcoin, and witnessing the varying ways that it continues to exist with various kinds of ongoing adoption, but also with various kinds of ongoing battles amongst folks who are trying to debilitate it in various ways and/or create limits upon how it can be used.
