Quote from: ShowOff on Today at 04:32:18 AM

Quote from: Sayeds56 on Today at 04:13:59 AM

Quote from: JayJuanGee on Today at 03:04:20 AM

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It is true that by following your wise advice, if someone invests any amount in Bitcoin that he/she can afford, even as low as $10 on regular basis, can potentially have positive impact on financial future transform the financial future, if done consistently overtime. By waiting Bitcoin to reach a significant value such as, 0.5 to 1 Million dollars, which is attainable in the next decade due to scarcity resulting from halving events, and increasing demand from major financial institutions. These factors are likely to act as catalyst for growth of Bitcoin market in the coming years.

If they have a plan to get decent returns in their old age, then actually accumulating is a wise choice. We all have plans and desires to improve our financial condition, in fact we always try and hope to be able to enjoy it in old age. However, some mistakes that ruin this plan must be avoided because whoever they are, they need to be vigilant in placing these investments safely.

Hype can increase demand for bitcoin which in turn can make its value more expensive. Whoever they are, they must stick to their plan by not selling anything if it is a long-term investment. However, I also do not deny that some of us are investors or holders who are unable to avoid selling when a new ATH appears.

I understand that you are bringing up age in a kind of presumption that some of us might have a decent amount of time to invest into bitcoin, but surely there is going to be some time-line variance, and younger people might well be able to start to enjoy their bitcoin and even their finances well before getting old, but they still will have to be careful in regards to how they would manage their BTC holdings in such a way that they would not be enjoying too much of it too soon, even if they believe that they had achieved their BTC accumulation targets at ages that might well be quite below the normal times that we might consider normies to be going into retirement status.

Many of us likely realize that there can be a lot of advantages to being able to have our time to work on our side, as long as we do not screw things up too badly, and surely by definition older people may well not have time to work on their side, but they may well have more capital that they already have accumulated through life.. while at the same time, they may well have concerns about whether and/or how many changes they might be willing to make in terms of potentially adding bitcoin into the mix of capital that they have already accumulated.