Quote from: aysg76 on November 14, 2021, 12:59:30 PM

Quote from: Saint-loup on November 14, 2021, 08:21:26 AM

I'm sorry but where have you seen that late 2017 newcomers have gained "more than 4x"(sic) times their initial investment?
Firstly, BTC has never reached $80 000 to date, so no $20k buyer has been able to earn 4x times his initial investment...
But more seriously, most of them have certainly sold their bag several years ago yet, and are in loss of course. So saying the main risk is not to have any bitcoin in future to a newbie is not responsible. No asset on earth is able to grow endlessly, thinking like that is just being survivorship biased.

Actually what i was referring to 2017 crash when bitcoin prices fell below $10k also to the bottom levels and or even lower have gained enough at this time if they have hold till this time as at current we are at $64k so just make the returns.

Second when i said about $20k the rise is about 3.45x and i want to write about it but forgot to mention approximately with it because we have seen peak points at $69k in last rally so from $20k it's around that much returns so my point.

Quote from: Smartvirus on November 14, 2021, 10:11:32 AM

The notion of 'I have missed the boat' is just how some prospective investors who would have made a fortune for themselves keep loosing out on opportunities. In that singular instant, you keep waiting and anticipate for a dip, a best time to buy yet, your unable to ascertain or identify this dip even when it comes becuase, the archived dip isn't just dip enough for you and so do the procrastination comes in and the market continues to grow. Making more and more highs and in turn, profits for the investors that took the risk to buy and hodl. Bitcoin have got more future about it than we have it now, should you have a spare cash and some money you could afford to loose, buy and hodl is key.

For some dip is the indication to sell and they panic sell and later on regret their decision but for some dip is opportunity to buy and they accumulate more through DCA and that's what we need to learn not from these boat missers as they will always stay the same.

You have opened this thread to encourage "newbies" to buy Bitcoin at its ATH with surprising arguments. Do you still think it was a good idea now? As I said to you it's not responsible to incite any beginners to buy a high volatil (and then high risky) asset at its ATH. I hope they didn't listen to you, and they read what I wrote and though about it before doing anything wrong.