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I know that many of us might get lured into believing that some of the folks who were able to get rich quick or surprisingly have a great streak of luck are representative of what could happen to us or to normal people, and generally the get rich quick folks are not representative of what we should be striving to achieve, even if there could be some possibilities that we might end up getting ourselves into a position in which we end up being able to disproportionately benefit from whatever preparations and/or investment stake into bitcoin (or whatever else.. not referring to shitcoins) that we might end up allocating our time, energies and our value.
Many times it is way better for most of us to be putting efforts into creating some strong financial and/or psychological bases prior to engaging in any kinds of higher risk investments, and surely bitcoin is already a decently high risk area to be investing, even though surely its more than 15 years of existence has brought a lot of credibility to it, and there still are a lot of people, institutions and governments who are way under-allocated to it, without realizing such under-allocation that they have.. which is that they are low coiners and/or no coiners without realizing it. So the mere fact that some of us are just newly involving ourselves in bitcoin, learning about bitcoin and building our stake in bitcoin puts us in front of a lot of other normies, and even puts us ahead of many institutions and governments... so we are likely going to disproportionately benefit from our early involvement in bitcoin, even if it might take us 4-10 years or longer to really start to significantly build our bitcoin stake and to put ourselves in a position to potentially have more and more luck down the road based on our ongoing preparing ourselves by studying the space and by taking actions to ongoingly, persistently and consistently accumulate bitcoin, even if we are ONLY able to do $100 per week or $10 per week or whatever we are able to reasonably do without overextending ourselves, financially and/or psychologically.
Very comprehensive and educative comment so far. I got more interested in the part where you talked about Bitcoin being a decent but high-risk investment which many folks jump into without proper preparations in terms of gaining knowledge and having a comfortable business or job that can give them enough capital to invest in. Frankly speaking, there is more to Bitcoin apart from the primary nature of it. Having a realistic mindset towards it will surely yield good results. The reason why I say this is because I have come to notice that people who got rich quickly in Bitcoin was because they have a realistic mindset, and most of them got lucky at the appropriate time. Without their mindset and consistency in Bitcoin, they would have not been lucky enough to get rich. It's not a mystery or a fairy tale, it was a preparation that meets luck. Imagine a scenario where Bitcoin moves directly to 300k what will those who didn't invest but procrastinate say those who have invested in it might become rich luckily even those who just started a few days, weeks, or months depending on the amount they had invested.