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There are no guarantees that the BTC price will go higher, even though bitcoin remains a great asymmetric bet to the upside, perhaps amongst the best of asymmetric bets for a lot of normies who might not otherwise be able to invest because barriers to entry are difficult.
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Yes, I totally agree with you, man, there is no guarantee institution that bitcoin will give the highest price again and there is no guarantee that indeed you will be rich if you continue to invest in bitcoin into the future and that is only based on speculation from the results we analyze so that it creates a belief that bitcoin will give the next highest price, I myself went through it and studied it long enough so that subconsciously I have faith in the price of bitcoin that will continue to increase towards the future from what bitcoin has ever touched in the previous cycle, and the only guarantor in my opinion is your beliefs about bitcoins that you made yourself for yourself.
In a general view it is like an asymmetrical bet, as well as the possibilities of shamanic sentences to its customers and the mindset if you shelter you will become rich if you have a lot of property for rent but still be destroyed if a natural disaster destroys your property, that is I think it depends on the beliefs and views of each.
Well each person is going to have a different basket of options that are available to him her based on his her situation.
If a person has a total current investment portfolio of $12k, and an income of $24k per year, s/he might estimate that if s/he is able to invest 10% per year, then it will take him/her an additional 5 years in order to double his/her investment portfolio from $12k to $24k.. and therefore have a years worth of value in his/her investment portfolio.. .so then the question might be how to allocate that investment portfolio, because some folks believe that you need to get your investment portfolio up into the 20x to 30x arena (of your annual income) in order to get to fuck you status or some kind of an ability to stop working.
So then if it takes 10 years, just to build your investment portfolio to 1 year of income, then there are some needs to figure out how to allocate in order to build faster, or maybe to increase your income or to increase the percentage that you are able to invest.
Bitcoin may well have more flexibility to invest, and of course, each person wants to be careful that s/he is continuing to build the total amount of his/her investment portfolio (and taking advantage of compounding) rather than losing principle along the way, and then not really being able to reach something like a 20x to 30x goal.... and sure maybe any of us can profit from not getting to those 20x to 30x levels, and it is possible to still prosper with less.. but if a goal is to be able to stop working and to still be comfortable, then it may well be good to consider how much it takes to get to those kinds of goals and how to allocate in order to attempt to balance the risk and the reward, which also likely means that there are allocations to various assets (and I am not referring to investing in shitcoins.. but sometimes property, stocks, businesses, commodities, forms of cash).
I would have edited some of the post over here but I found all very interesting to me so you guys have to pardon me quoting the entire discussion.
But basically I don't see any reasons why we want to get ourselves worked up with wanting to achieve the fuck you level when we can peacefully enjoy most of the benefits while riding with bitcoin.
I've always worked with the simplest principle of bitcoin which is buying low and selling high and I had to work on my greed to accept every little profit as a win rather than wanting to achieve 5k from 1k investment and just ending up losing everything.
Long story short, if we want to achieve what so ever height in bitcoin, then we should atleast get some if not enough money so as to buy the dip when it arises because that's the best way to enjoy bitcoin and hope it rises to a contentment point for us to count and withdraw our profits.