-snip-
I don't mind if you disagree with me.
We have more interesting discussions if people do not necessarily agree and if they are trying to make points that they really believe to be true.. so which part of what I said is disagreeable?
I know that mistakes can be made.. so if someone buys BTC and tries to secure BTC for the long run and they are in bitcoin for several years, maybe even a couple of cycles, so they have a lot of money, maybe even 20x profits, but if such longer term BTC HODLer/accumulator person does not know what they are doing, then they may not end up making any money from their having had been in BTC because they screwed up their ways of securing their bitcoin.. is that where you are disagreeing with me? or something else?
No..no, wait a minute, You have to look at the points I have bolded in your post. I mean, buying bitcoin and holding them for the long term is a profitable approach for investors or holders, but it will not be profitable for bitcoin. Am I interpreting it the wrong way?
I completely agree that a long term holder still may not be able to make money from their investment if they they screwed up their ways of securing their bitcoin. But that's not something I disagree with in your post and I already explained it in the first paragraph.
I started out in my response to your post by looking at the bolded part, and I did not see anything controversial with that statement and/or any disagreement between us..
so maybe we are not clear about what each of us is saying.
I had largely been attempting to say that the longer that you invest in bitcoin, then the more likely that your BTC holdings are going to be in profits in terms of their dollar value, and maybe your BTC holdings would go up and maybe they wouldn't depending on if you continue to buy bitcoin after your initial purchases... . but the mere fact of buying and holding bitcoin for a long time is likely to put you into profits, especially if that is all that you do with your bitcoin.. as contrasted with trying to trade them.
So I was largely just elaborating on the expression "time in the market is better than timing the market."