Yes having a good financial status is good in your Bitcoin investment journey, but let not sound like Bitcoin investment is only for the rich. However, every investor must make that informed decisions of ever considering Bitcoin investment in terms of how much of discretional/disposable income they have and moreso another important thing is proper planning can help an investor to become successful in their Bitcoin investment by making proper use of their financial situation, every investor must tailor down his investment plan to suit his or her financial situation.
That's true Bitcoin ain't for the rich alone, but having a good financial status is already an advantage when it comes to Bitcoin accumulation. But one can invest smoothly by just having a good discretionary income when it comes to Bitcoin investment and Accumulation. With some nice plannings inorder to manage his financial situation while holding or investing.
Part of the appeal of bitcoin remains that it seems to have very good chances for really high levels of payouts, and surely there could be some variations of the very high payouts that are less profitable, but still quite profitable, so in that sense bitcoin remains one of the best asymmetric bets that are available, but it is still just a bunch of probable scenarios with varying levels of probability and it is likely that people are not going to assign probabilities the same, so then we also have asymmetric information in the sense that hardly anyone owns any bitcoin, so even if they know the word, they likely don't know what it is, otherwise they would own some.. .so in that sense, a large number of them are either going to die first, or they will end up coming into bitcoin later, whether they want to or not.. and sure, we also have ongoing attacks upon bitcoin, too... so there surely can be confusion for anyone regarding whether bitcoin remains a good investment - surely an aspect of the asymmetry in the bitcoin-related information, and investors into bitcoin are likely to receive payments for both their having such information about bitcoin and also their acting upon such information by stacking sats.
That's true, despite there isn't any guarantees. Bitcoin as prove to be worthy of been called one the best investment or asymmetric bets just as you said. Though alot of folks at there are still doubting and all that , while some are waiting for Bitcoin to cash ( which is impossible), while some are waiting for a massive dip before considering stacking sats . All these individuals are just wasting their time pushing away such wonderful opportunity in investing in bitcoin, and I believe back then that most of those folks that have the thought of Bitcoin crashing may have already jump into investing in bitcoin after seeing the growth potential Bitcoin possess. Though we may not be certain that Bitcoin may continue to increase in value or may not but still having some stashes is just the best, which will put among those that are in the safer side.
It is not a zero chance that bitcoin would either go to zero or some other variation of going down from here rather than going up, so if bitcoin were to continue to spiral downwardly without ever recovering and if you were to keep buying bitcoin and it never recovers, then surely in those kinds of circumstances you would end up losing, and even if they might be low probable outcomes, those are not zero possibility outcomes
That's true but we ain't experiencing such but it's Still a possibility, if such may endup happening it'll still be an honour investing in such wonderful project
