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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.
… but not profitable for Bitcoin.
It’s this statement that I feel drawn too, falconer are you saying holders essentially minimise the utility of Btc and this is what is not good for BTC? This is one topic I don’t see talked about much, it’s in my list of I need help understanding this.