Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Road to 100k?
by
Rabata
on 10/10/2024, 06:08:00 UTC
⭐ Merited by Litzki1990 (2) ,JayJuanGee (1)
I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.
I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.
If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.