Quote from: I_Anime on February 25, 2024, 07:18:07 PM

Quote from: JayJuanGee on February 25, 2024, 04:38:10 PM

Time does fly by fast, and there are some folks who end up dying before they are able to enjoy their fortunes, so there are a lot of personal trade offs, yet one really powerful thing about bitcoin does seem that it has had some abilities to move quite a few people (mostly the accumulators and HODLers) into a higher financial status than they would have had ever been able to achieve through various traditional investment methods, so in that regard, there is a lot of power in that kind of transfer of wealth, and even though the upside potential of bitcoin is likely reduced, it still retains a very strong investment thesis..

Yeah alot of folks endup losing their Bitcoin due to death and even due to misplacement of their security seed phrase. Before they even had the chance to feed from their fruit of their labour. Indeed bitcoin still remains a strong investment, I stumbled upon a post days back Here in this forum. A higher rank user posted a post about comparing the profit you would made from investing $1000 10 years ago in either Gold, real estate and Bitcoin. Well at first stated that due to Gold recent value if one invested $1k 10 yrs back he or she would endup around making 2× their invested funds that means their portfolio might be around 2000 USD. While those that consider real estate would might made a max. Of 10× to 15× in the last 10 years depending on their location and all that. But those that invested with $1k in Bitcoin 10 yrs ago may endup making about 350× profits.

You can see the massive different of Bitcoin from others investment. To me bitcoin is one of the best investment (if not the best) because bitcoin as indeed change alot of people lives for the better, ( expecially the accumutors and holders just as sir JJG said.) Though most of us wasn't among those set of people then. But now still the time forus to be among those Bitcoin gonna change their lives for the better too. I know other invest are nice and all that but I would advise to focus on mainly on accumulating bitcoin first till you reach a certain state before thinking of diversifying. And please if i have said anything wrong in any chances please do so in correcting me.

Bitcoin is quite unique and still has so much potential in it. I stand to be corrected if I say we haven't really seen all there is in bitcoin. Bitcoin is limited in supply, where as good and real estate are not. This is why bitcoin will continue to give better ROI compared to the other investments you mentioned. With each passing day more and more people are coming into bitcoin investment. Those who invested $1k 10 years ago, have made their own profit and that's not important anymore. What's important now is making our own investment now and see what happens with the investment in 10 years time. We should be part of those who will among those who will say am grateful I invested in bitcoin in 10 years to come.