Sometimes I wish If I could have been among those who knew the truth about bitcoin investment early around 2017 but I'm far from that and its quite unfortunate especially when you were holding onto some falsehood knowledge but I Thank God I can see things crystal clear now.
Though I can't accumulate more as you all but I hope in 20 years time I will be like you old folks speaking about bitcoin and I guess others will also view me as an earlier investor then
Well, your forum registration date is a year and a half, so there could be some possibilities that you could have come into bitcoin swinging and even front loaded your investment - but yeah, even with that, it would likely still be difficult to catch up to the earlier investors - which might be part of the legitimacy of the statement that
"time in the market" is better than "timing the market."So, you can choose your level of aggressiveness, and maybe it won't take 20 years for you to start to feel like an OG. Many of us had started to feel somewhat like an OG after making it through 1 whole bitcoin cycle - and the more that you focus on BTC and don't get distracted by bullshit, then likely the better progress that you would be able to make within your own parameters.
Another thing is that you are likely your own best competitor in terms of figuring out ways to compete against yourself in terms of figuring out ways to help to make your own situation better without overly damaging yourself along the way.
The "time in the market" is better than "timing the market." phrase is very true and I think it will hold true for quite a while into the future. When people compare BTC to gold, which is not per se wrong with respect to some characteristics, they think that there must be some price ceiling and we could be close to it already as the gold price isn't really expected to explode from here. But BTC has characteristics that gold doesn't have and one of these characteristics is that everyone around the world with a few clicks can get their hands on a piece of a revolutionary network of value preservation and limitless value mobility.
Not everybody has gold simply because not everybody wants gold. But the number people that have their eyes on BTC is increasing on a daily basis and I believe we are nowhere near saturation. Whatever someone thinks about Blackrock and others now trying to dominate BTC markets and derivative products and what not, it is still something positive in the sense that all the retail investors can ride the wave that these gangsters are creating. And they are certainly not in it to jump ship one or two years later. They understand that the market for digital value is scalable like nothing has ever been scalable before.