Quote from: SamReomo on Today at 04:41:25 PM

Quote from: JayJuanGee on Today at 04:13:11 PM

What ever you said is absolutely true, and anyone who's buying some amount of Bitcoin in this day is going to get something in future. The people still don't understand Bitcoin and they think that they have lost the opportunity of earning good profit from the Bitcoin. Although, Bitcoin has already changed a lot of things in world and as a trader I must say that crypto trading exists only because of Bitcoin. The other potentials of Bitcoin are mostly ignored by users because they only got attracted to it after learning about the profit it gave to the early investors, but the real picture is too wide and those who have narrow vision won't be able to view it completely. The unique features of Bitcoin makes it one of the best assets in the world and the brilliant investors know that thing.

I think many people still underestimate the potential of Bitcoin and they think that there is no chance for it to grow any further. I remember those influencers who created panic in 2017 that Bitcoin bubble is soon going to blow up like the .com bubble, and poor people with less knowledge about it started selling it in bulk because of the fear. I'm very sure that many of those investors are still regretting their decision of selling it in that bear market and none of them were even imagining in those days that Bitcoin's price could go as high as $68k plus. The same is the current situation with those people who aren't well aware of the potential of Bitcoin and are thinking that regulators and others governmental bodies will cause huge harm to it. But, I would say that such people are less knowledgeable and they will regret their current decision of not investing in Bitcoin. The future is bright for Bitcoin and bitcoiners and the long term holders will see the real potential of Bitcoin in a decade or more.

I believe that the ones who invest in Bitcoin today will have upper hand then the ones who will invest in it after halving event. The price of Bitcoin will definitely grow huge during the halving period and the next dip won't be below previous all time high price of Bitcoin. Even, I would consider those as early adopters because the next halving after the current one will cause huge spike to the price of a Bitcoin that most of the investors may only be able to afford some Satoshi for 1000's of dollars. Soon, the Bitcoin will be the reserve currency for many countries and with such events the investors would put everything into it without rethinking. I'm sure that coming years are going to be the luckiest years for Bitcoin and its adopters, and that's why I always recommend everyone to delve into it right now.

I largely agree with everything that you say in your post SamReomo, yet you do seem to have too much certainty that is embedded within your description of what the future holds for bitcoin, so probably it is better to consider bitcoin as an asymmetric bet that has a lot of upside, but surely no where near towards certainty that any of us know the future - so we have to be careful in order to NOT put too much of our finances or psychology into ONLY the UPpity scenario - even if we consider the odds for UPpity to be pretty great, if not the best of investments currently available.

Another thing is that even if we might have an investment portfolio and we might not even invest aggressively into bitcoin, and maybe ONLY take a 1% stake into bitcoin, we still might end up with a good portfolio, but that is not guaranteed either, and I tend to recommend a starting out range of anywhere between 1% to 25% for a newbie into bitcoin, yet they still have to decide their allocation amount and their strategies in regards to how they get there.. if they might be starting from zero in BTC and then trying to figure out how they might get to their chosen allocation/target level, and are they going to lump sum into it? or maybe they will take one or two years to get to their target level, or maybe longer than 1-2 years.. depending on how much they might have in other investments (and how liquid might be those other investments).

Of course, newbie bitcoiners have to decide for themselves, and they can do whatever they want in regards to how much to allocate into bitcoin and how to get to their goals, including maintaining their BTC holdings as compared with other investments that they have, and even if some of us bitcoiners might develop a somewhat aggressive bitcoin strategy, we still might find ourselves to end up over allocating ourselves into bitcoin and not sufficiently/adequately accounting for needs that we likely have that uses various already established fiat systems, and it would not be a good thing if we overallocate to bitcoin in such a way (because we are so rosy in our vision of its future) that we end up having to sell most if not all of our BTC because we fucked up and did not sufficiently account for some of the difficulties that sometimes can come because status quo systems are likely not going to give up without a fight and they are not even likely to fight clean.. anyone should be able to see various levels of desperation that come out of the various mistakes of the fiat system, and many innocent people get fucked at various points in time that the fiat system is trying to fix its mistakes or to make it appear as if they have everything under control and to inspire the confidence of the general population.. and none of us should want to be a enthusiastic bitcoiner who becomes part of those getting purposefully (or is it incidentally?) screwed because of the mistakes that "need to be" corrected in the fiat space.