Your take on this is on point, but I have some contributions that might oppose a little.

I don't really buy that idea of getting ready to lose. The statement sounds a little bit negative for a new investor who has picked interest in Bitcoin investment. To me, getting ready to lose sounds as if it's a general thing that is common among all Bitcoin investor to lose at some point. I prefer to tell investors to learn how to handle their emotions, so that they won't lose interest along the line. Handling your emotions allow (teaches) you to stay focus with your accumulation (especially when price of Bitcoin isn't doing well at that moment). Of course, the risk is always there, not just in Bitcoin, but other assets that are worth investing on. Remember, your emotion have a very big role to play.

We need to understand that Bitcoin investment (long term) is a sure thing that would definitely guarantee good rewards after the required number of investment years (assuming 8-10years). We've all witnessed the growth of Bitcoin for sometime. Even if you joined the Bitcoin community this year, I am sure you also witnessed a good price growth in a space of months, after the ETF approval. If I remembered correctly, Bitcoin at $40K was quite an interesting amount that we were all glamoring for at the beginning of this years, but today, we can't even imagine or picture Bitcoin dropping back to as low as $40K. This is the growth am talking about. 8-10years would definitely yield a good result for anyone who accumulate well. This is clearly unlike traders that I can say: are very vulnerable to making losses.


Well, this is another point here, but I will have to make contribution to this next.