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.
Fait is getting inflated everyday and value keep track with higher amount, I won't suggest we keep or save in Bitcoin, it a very volatile asset of which we cannot be too optimistic of increasing value rather we invest a certain amount which we can afford to lose. You can expect someone to save in Bitcoin, the money that would have been used for daily needs and other projects, what about bear seasons or price corrections this cannot be overstressed we all are optimistic yeah but there should be limit, you can only do that when you have more than enough money at your disposable, if that's not the case it cannot be seen as Investment but financial illiteracy.
I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.