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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.

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

From when Bitcoin was created till date Bitcoin has been doing very well, yes Bitcoin is highly volatile in nature but that didn't stop it from growing bigger in price and now that Bitcoin is in this present price it can go back to what it was 10 years ago no matter how highly volatile it is, so it volatility does not stop it from growing.
When ever there's a dip in Bitcoin is not a time to panic and worry is a time to accumulate more Bitcoin because it is certain that it will rise again and that is one advantage of the volatility in Bitcoin it gives an opportunity to accumulate more any time it volatility leads to dip.
There are still many people that has not started investing in Bitcoin the people that has not started investing in Bitcoin are still more than the people that are investing and I believe the percentage is high and Bitcoin has not reached half of it's growth so for those who still believe Bitcoin won't grow more than it is now start to rethink because Bitcoin still has a long way to go in it growth meaning that it will keep growing in value/price.

Are you kidding me SuperBitMan, I don't think that bitcoin price can dip so low to its price 10 years ago which is 2014. The price of bitcoin then was withing the range of $400-$1000, and I believe that JJG was accumulating bitcoin at that period based on his bitcoin accumulation stoy. How can bitcoin that has made 61x profit from ten years ago depreciate in value to that extent.

I am sorry to say, it means that a lot of bitcoin enthusiasts will sell of their investment because it is like the network have failed. I don't think that any investor will be patient for the price to bounce back to this current price because it will take a very long time and investors will lose hope in bitcoin.

Just like what Bubilas said bitcoin cannot go below $10k anymore because every new circle shoots the price higher above the intial circle bottom line doing the bear market. The symmetric bet of bitcoin increasing in price overtime is higher down decreasing in price because bitcoin is still grow and getting more matured, Even if I know that past performance does not guarantee future results.

It was a typing error what I was trying to say is that Bitcoin can't drop to the price it was 10 years ago.