Quote from: JayJuanGee on May 29, 2024, 05:22:14 AM

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.

You're absolutely right! Investing even a small amount for the long term can potentially grow significantly over time. While there is no guarantee of value increase, the possibility of upward price trajectories exists, which could lead to substantial progress from modest contributions. Diversifying investments can help balance risks and potentially outperform other investment choices in the long run. It's all about playing the long game and staying patient while keeping an eye on the potential growth opportunities that may arise.

Quote from: JayJuanGee on Today at 04:40:42 AM

Quote from: Pi-network314159 on June 05, 2024, 01:02:00 PM

Quote from: JayJuanGee on May 29, 2024, 05:22:14 AM

Quote from: Pi-network314159 on May 29, 2024, 02:11:00 AM

sorry for the late response it's long I visited this thread and I am seeing this now. you are right about that, longer time may be profitable than shorter period, but not a guarantee that longer period gives a %100 accuracy or markert profit from it. sometimes we over analyse things due to the way we see them, but forgetting that Bitcoin may even fall below the amount used to buy it initially because of its extreme volatility.

Quote from: JayJuanGee on May 29, 2024, 05:22:14 AM

I still see that we seem to be saying slightly different things, and yeah there are ways that guys can lose money on volatility and also by trading, yet also bitcoin is not guaranteed to continue to go up, even though many of us (including yours truly) invest in bitcoin and stay invested in bitcoin because I continue to believe that bitcoin remains amongst the best (if not the best) investment available to normal people, everyone and anyone.. while at the same time, even though I have a lot of confidence in bitcoin's ongoing upward trend, BTC's price is not guaranteed to continue to go up.

Yeah, maybe in the end, I am not really saying anything much different from you and merely quibbling about semantics.

It's true that there are risks with volatility and trading in Bitcoin and nothing is a sure bet in the investment world. But hey, many of us, myself included, see Bitcoin as a solid investment choice for regular folks. We believe in its potential even though there are no guarantees in the market. It's all about having confidence in our choices while acknowledging the uncertainties that come with investing.