A good pattern, not a chart pattern but the pattern you say. Hitting the buy button is the best among many strategies available today.
Investors will be successful in accumulating lots of bitcoins because they are diligent in hitting the buy button.
Bitcoin investment is the best compared to shitcoin. I am not sure how much has been lost by buying shitcoin. They should be aware of themselves to buy Bitcoin today.
I'm VERY confident that most of those cryptocurrencies that are not Bitcoin will simply die and/or become irrelevant after two or three decades. That's also how long your time-preference be for your Bitcoin investments in my personal opinion.
I think so too, slowly many investors will realize how stupid they are to choose shitcoin in their portfolio. It won't take long for shitcoin to die because they won't have any idea to attract us into them.
I think bitcoin is number 1 to be used as an investment for old age, bitcoin will be adopted by many countries in the next 10 years. Fiat will disappear and bitcoin will dominate it. For beginners, don't be afraid to invest in bitcoin because bitcoin is the best choice compared to other assets.
Bitcoin has been proven to be the only asset that is resistant to inflation even though its price fluctuates, this makes Bitcoin validated as the best safe haven, as far as I have heard, smart investors will only make Bitcoin their main investment, and when they need money, they will use the Bitcoin they have as collateral in a lending platform, they are very smart because they realize that there are only 21 million Bitcoins and the amount cannot be increased or decreased.
You are wrong; smart investors will never use their bitcoin as collateral to take a loan to solve their emergency problems because they know how risky it is to keep bitcoin in the hands of third parties, which is one of the problems bitcoin has solved. Smart investors will invest in bitcoin with the money they will not need for a long time and also keep their emergency funds, reserve funds, and float, so if there's any emergency, they will depend on their emergency funds to solve it, and they will not depend on their bitcoin investment to solve the emergency. Since bitcoin total supply is only 21 million bitcoins, that makes it easier for you to lose your bitcoin when you use it as collateral to take a loan. What will be your fate if you fail to meet your loan repayment time? You will lose your precious bitcoin cheaply, which is a bad practice for any smart investor. No matter how shitty your income source could be, always make available emergency funds, reserve funds, and float so that anytime you find yourself in difficult situations, you can easily use one of the funds you kept to sort out your life and continue accumulating bitcoin.