-snip-
The decision to invest in Bitcoin in 2024 requires careful CONSIDERATION is definitely.. Bitcoin remains a highly volatile and speculative asset, but it also holds potential for substantial growth... SO WE COULD GET RICH AND POOR AT THE SAME TIME !!!
-snip-
Thank you for the whole write-up and I must say that I appreciate the way you were not overbearing in it, unlike the way many would be so outrageous and make people believe that Bitcoin has it all with respect to the money to be made and as if it will be made very big and 100% certain. Of course, Bitcoin is a very promising asset, it will rise and continue to deliver the money to people but it can't be as huge as before or as people expect this time. I stand to be corrected but what I see now is different, Bitcoin is not a child in the financial market again, though still very young compared to many others yet it is now in the mainstream of the financial market, it is the big boys, the mature investors that will be controlling it now, so the time of the scary price movement might be over. Everybody's money counts as well, but when the big boys cause the change in the trend, it could prevail over all the beliefs of others and it can shift away from any tradition too. I hope for the best though but things might inevitably continue to change gradually.
And as you said, anything can happen in the market, expectations could be cut off, plans could backfire and even worse. So we should always have our contingency plan and not have 100% trust in what will happen in Bitcoin, and even if it will happen at all, it will not hurt but rather be wise if we have the factor of safety as we have nothing to lose in this regard. The size of Bitcoin is already large though it can do more but it is a gradual process, not the one that will be made possible within a year. Patience is needed and I do not expect that it is what will continue to attain in multiples anymore as Bitcoin has to be seen now as a real market and behave like a real market also.