One thing about investing for the long term is that a relatively modest amount invested could end up adding up to a lot invested, so even though in the short-to-medium term, there might be some difficulties in measuring the amount of value that is retained, but there seems to be a bit of a likelihood for some kind of an upward price trajectory that could happen somewhere down the road.. or mayb even several upward price trajectories, so even someone who is investing relatively modestly, might be able to measure a lot of progress from the over the years modest contributions that end up outperforming other places that the value might have had been kept.. while at the same time, it is not guaranteed to actually go up in value.. but that is true with any investment that we choose to allocate into, we might have some investments that outperform other investments.
so in essence, the main implication or thought process of long term holding should be looked at as a medium through which we can build strong portfolio overtime in such a way that our
modest contribution over these years will place the value of our asset in a possition that's possibly better than saving it in fiat or investing it in another asset. in order words, while it's not 💯 certain that Bitcoin will get to the value most persons are speculating in the long, from the compounding effect of making regular buys over a long timeframe, you're certain to have succesfully built a good amount of Bitcoin in your portfolio which though might not seems to be of great worth while building your stack will turn out to compound into an overall sum of Bitcoin all stocked in the long run.
even if there might be a large number of weeks that we are ONLY able to save/invest around $10 into bitcoin and then maybe there are other weeks that we are able to save/invest $100 or even $1k into bitcoin, so there may well be quite a bit of variance in our cashflow (and/or our disposable income) that affects how much we are able to save/invest, so that in the long run the variable amounts of value that we injected add up but they also may well have ended up holding their value pretty well as compared to other places that they could have been put and/or they might have ened up appreciating in value as compared with other places that the same value could have had been put.
that's so true. At the start when you probably had very little amount of Bitcoin because of how small the amount you use is making your buys is, it might appear as though you're not doing anything serious and at that time, even if Bitcoin goes too high in it value, it would make a big deal for you but consistently stacking your Bitcoin based on the amount you have, maybe starting with $20 and then a long the line increasing it to $60 and then $100 and upward, with time and in years to come, you will find that you've built a good chunk of Bitcoin by just being consistent with your buys regardless of the amount you're using at some different buying moment.
One thing that I am in support with a long term investment on bitcoin and that I do tell people that wants to seek advice on how to buy bitcoin is that, let not invest in bitcoin only because of the profit that we will generate in long-term because if that is the reason why you are investing if bitcoin did not perform how they expected it, they will get disappointed and maybe they have invested a lot on bitcoin. Instead they should invest in bitcoin but the value of fiat depreciates and you should see bitcoin as a bank where you keep your life saving for a very long term. I know a lot of people that keep big amount of money on the bank, overtime this money will lose value campared to when they kept that money in the bank. But instead of bank, put this money into bitcoin, because bitcoin will maintain the value of the money overtime.
If I can remember the amount of stuffs last 10 years is far cheaper compared to this present time, and imagine that you kept $200k in the bank as of then till now, the worth of your $200k will be maybe $50k currently. But an investor who invested such amount in bitcoin would have made up to $1M by now. You see, it saves the value of the cash and the most interesting part is that it does not just become an hedge of inflation alone, bitcoin will see give you a bigger profit because the price of bitcoin increases overtime. This is why those people that don't have bitcoin and want to start investing should do that immediately they have the money to invest using the DCA method buying weekly or monthly regularly, and before you know it, your bitcoin portfolio will reach a reasonable size overtime.