Another thing I consider dangerous which many little investors do is to be jealous of those who started when the price was far cheaper or those who have big capital to invest into Bitcoin. The amount does not matter so long as we are intentional and focused on the bigger picture which is continuously accumulating Bitcoin and holding it for several year, it will surely get bigger and better.
Frequently people cannot help themselves from comparing, and maybe some of that can be healthy... but yeah, there needs to be some of your own personal actions that may well have good chances of surpassing a lot of peers who do not seem to have much if any clue about bitcoin, even though there are a lot of folks who have heard the word bitcoin and they think that they know what it means, but they likely do not, so even if you are not able to invest a lot of money, when they finanlly figure out bitcoin 4-10 years later, you are going to have a pretty good head start on them, and they will wonder how you got so many bitcoin (or should I say satoshis) and maybe you will have 0.21 bitcoin (or 21 million satoshis) and they are struggling to get 1 million satoshis.
Well, that's quite appropriate because without being based on it, we will be teachers for them in the future. I mean they will ask us how you survived the bitcoin investment you made in the previous years. Of course, many of those who often neglect to learn about Bitcoin will regret it at some point in the future, many have even expressed regret for selling their BTC holdings early.
Bitcoin is quite a valuable future asset and if they don't have a few Bitcoin in their portfolio they will definitely regret it. They continue to think the price can fall further to be able to accumulate more btc but that will be difficult to happen if the spot bitcoin etf is approved. I think we are on a good ship and they are on the coastline and they will swim to get on board at some point.
Yep. Those are all fair points, and the longer that we maneuver bitcoin and even experiment in various ways or spend time talking to others about bitcoin, the more and more likely that we could be used as teaching resources in the future, so even if we might not be in the mood to teach, we might feel some responsibility to at least give some guidelines to folks about the various characteristics of bitcoin and even to relay some concreteness in terms of our own having had experienced some of the bitcoin phases in personal ways in which we either directly owned some bitcoin and/or maybe we were actively engaging with aspects of managing our bitcoin portfolio, hopefully in an accumulation and mostly maintenance way, rathe than engaging in trading and those kinds of distractions that are not likely as beneficial as basic skills and viewpoints that future newbie bitcoiners are going to likely need to be able to navigate.
Another thing is that you may be right about the "pre-ETF" bitcoin phases as being a comparison point to the "post ETF" bitcoin phases, so those of us who are accumulating, maintaining and/or mostly holding Bitcoin during this still "pre-ETF" bitcoin phase are going to be part of bitcoin's history that front run a lot of institutions, rich folks and many governments that are going to come to bitcoin at some point later down the road, whether it is soon after the ETF or maybe it is a bit later down the road.. perhaps another cycle or two or even (4-10 years later).