Yeah.. there are no guarantees regarding how bitcoin will perform as compared to other asset classes, but it does seem that a lot of asset classes - especially fiat currencies, are having difficulties in terms of holding their value.. and even the likely ongoing best of the fiat currencies seems to not be in a great place in terms of continuing to hold its value.... so it is remains good to consider these kinds of ongoing dynamics when considering where any of us might be wanting to put our time, energies and value in the present as a way to prepare ourselves in the event that we want to hope for some kinds of financial/psychological security and/or hedging.. even if we might believe that we are able to generate cashflow by selling our labor, that might not be enough in order to feel comfortable in the event that the places that we are holding our value are not even retaining value..
This is exactly what I'm talking about. Bitcoin has performed much better during its existence than any fiat currency, real estate or stocks during the same period of time. That is why investing in bitcoin is an obvious advantage for me, even though its price has increased tenfold compared to what it was 6-9 years ago. For example, I did not have the opportunity to buy it then, because I was still a teenager without my own money, but now I have this opportunity. And even though I can't buy a whole bitcoin, but only rather small parts of it, I remain confident that both historical data and fundamental analysis indicate its further growth. Yes, it may not be as huge growth as at the stage of its inception, but it will still exceed the growth of traditional assets. Both in absolute numbers and in time. And the investor should appreciate not only the potential profit, but also the inherent waiting time for this profit, since the shorter it is, the faster he will be able to reinvest these funds, thus increasing the total capital.I agree with all of what you had said Etranger, but sometimes just a few words can make a difference in terms of how you are thinking about how guaranteed any kind of an asset class might perform or continue to perform, and surely sometimes we might not even exactly agree about how to describe its historical performance.
So look at my change to your wording. You said "it will still exceed the growth of traditional assets" and I think that a better way to say almost the same thing is: "it
Maybe I am quibbling about words.. and surely there are a variety of ways to say similar things but NOT necessarily describe the future (or better performance of bitcoin) as if it were guaranteed, even though bitcoin still seems to be amongst the best of asset classes that is widely available to everyone.. if not the very best.
Another thing that I would continue to highlight is that bitcoin continues to have an unfair advantage to be an asset class that is very early in its growth, and so therefore accordingly, it has way greater chances to outperform mature asset classes because bitcoin is likely to continue to pick up greater and greater adoption and network effects.
Surely none of us who are investing into bitcoin should feel that it is not fair to other assets to have to compete with bitcoin because bitcoin has an unfair advantage because it remains so small (and likely still quite less than 1% of world-wide adoption), yet one of the advantages of having asymmetric information is being able to profit from such information. Everyone can study bitcoin and figure it out, but a lot of people continue to poo poo it, and a lot of other people continue to believe the nonsense and the misinformation of those people who are ongoingly poo-pooing bitcoin and naysaying it. Those kinds of dynamics likely continue to keep bitcoin under priced, and a lot of room for growth and those of us who are continuing to be able to appreciate and recognize bitcoin's value can continue to buy bitcoin and continue to feel a certain amount of comfort that we are getting a good deal no matter what the price that we buy and even though for sure there still can be a lot more periods in which BTC's price continues to get driven down in spite of its ongoingly strong fundamentals in terms of what it is providing to the world, what is likely to continue to provide and the fact that there is not really any evidence that bitcoin is broken in any way or that its investment thesis is getting weaker rather than getting stronger with the passage of time (aka Lindy Effect).
i,m very upset about selling my little amount of bitcoin,if today can hold my all oldest btc than i can gain already, my first bitcoin investment at 2015-2016 it’s really Golden days.
We cannot turn back the hand of time, there is one thing which I have learnt about life, to take our our past experience as something that's preparing us for the greater opportunity ahead, regret is one things most times I don't like doing, so you regretting that you sold off your Bitcoin on the earliest stage before the bull run is actually something anyone can do, but let me ask this question, if everyone who bought, mined and hold alot of Bitcoin hold it all off without selling till now do you think Bitcoin adoption will be outreach the way it has right now. And another thing their is that you were actually not informed or you have a very little believe regarding what the price of Bitcoin might turns out to be in times to come. And at the very moment when you sold your Bitcoin the price and the funds gotten could have actually solved a pressing need. That being said, regret something is one thing I see as suppressor, like it might actually hold you down from achieving something things which you could have, because you have really moved passed your past which you call a mistake.
The decision that we have right at this moment is what are we going to do? how much are we going to allocate to bitcoin, and how are we going to go about accumulating bitcoin, if that is what we decide to do.
A couple of the best ways to accumulate bitcoin is DCA on a regular basis, such as once a week, and I tend to recommend $100 per week if you can, but if you can only do $10 per week or a smaller amount (such as $10 per month like OP seems to be doing), then do what you can.
Whining doe not really help anyone, including yourself - unless you somehow believe BTC is at a top or some kind of nonsense like that... which does not seem to be the case.. but yeah, anything could happen, so even if you invest now, you could still end up losing everything... so in that sense, there might be some need to study the matter if yo are not sure.. but you can also study the bitcoin matter and invest at the same time, and perhaps just choose a smaller amount to invest, if you happen to be uncertain about bitcoin as an investment.. it is ultimately up to each one of us to figure out our finances, our psychology and then figure out a plan that we can act upon that is greater than merely whining about past mistakes and past "could have beens".. which hardly mean anything.. we all have "could have beens" and it is likely annoying to hear anyone complaining about "could have beens" unless perhaps maybe they are coupling their whining with actual actions at the same time that they are whining about the "poor widdo me" matters.
