Quote from: Falconer on February 26, 2024, 06:12:06 PM

Quote from: Justbillywitt on February 26, 2024, 05:21:16 PM

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

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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.

Because bitcoin has different innovations compared to fiat, its potential use can still be obtained and developed. Increasing adoption has a positive impact on people's trust in it, of course not only the community, the government is also very eager to take advantage of it.

Bitcoin's long-term potential is still very reasonable to expect, but you should not ignore the many risks involved. If you invest because other people are profiting from bitcoin, you are forgetting one thing; Bitcoin is a risky investment if you have no knowledge about it. I don't want someone asking me to invest on their behalf, I tend to give them the advice to learn on their own and start on their own at their own risk.

Becoming a holder for a period of 10 years is not mandatory for you at all. If you are able to survive that period of time then I hope your psychology will be fine when you see a new ATH in a few years, and let it pass without you taking advantage of it.

I also don't like investing in bitcoin on somebody's behalf. I don't want to lose my sleep unnecessarily because I invested in bitcoin on someone's behalf. I do same thing as you by sharing the knowledge they need to start their investment. Of course every investment has it's own risk and I understand that bitcoin comes with it's risks. One thing about investment is, without risk there is no profitability. But one thing we have to know about investment is this, "the higher the risk, the higher the profitability. So without risk there is no investment.