Quote from: MusaMohamed on Today at 03:07:36 AM

Quote from: JayJuanGee on February 10, 2024, 03:16:59 AM

[edited out

Bitcoin annual price changes are very parabolic with years.

If don't need too details, a yearly chart can help with an overview that is more easier to see parabolic price growth of Bitcoin.
https://charts.bitbo.io/yearly-candles/

If worry about risk to have loss and probability to have profit by holding your bitcoin with time, this chart is helpful.
https://www.bitcoinmagazinepro.com/charts/bitcoin-profitable-days/

Lastly, if concern about how long does it take by holding your bitcoin to nearly sure of getting profit, this chart is useful.
https://hodl.camp/

Your first image/link is messed up. I cannot figure it out.

Regarding your other points, perhaps they are a bit different from my own attempts at merely outlining examples to show the power of compounding value, since so many folks will fail to appreciate how powerful it becomes to get into some kind of an asset that compounds in value. There are so many folks who get really excited if their investment goes up 50% or even 100% in a short period of time, and so then they may well end up shaving off decent amounts of that profits and really feel good about their investment including how smart they perceive themselves to be, especially if they make several shavings of their profits at various points in time.

Yet at the same time, we have seen bitcoin double in value so many times over its life, yet if some guys are shaving off a lot of profits at around each doubling, then they are ending up missing out on a lot of compounding of value that they could have had just kept in bitcoin, rather prematurely drawing out a lot of value from their investment.

Don't get me wrong, I am not opposed to drawing out 5% to 10% of value based on bitcoin's price doubling, and even to do that every time the BTC price doubles if a guy wants to do that and if a guy is nervous about keeping so much value in bitcoin, in the event that large portions of his wealth might start to be tied into bitcoin.

If we think about the BTC price doubling as a metric, then we would be able to see that once the BTC price doubles, then 50% of the holdings will be in profits (from the starting measuring point), and 50% would be the principle. If we were to take out 50% each time that happened, then we would never experience the effects of compounding value...

Alternatively, if the BTC price doubles, we could choose to take half of the appreciated value for profits and let the other half ride, and that would mean taking out 25% each time that the BTC price doubles from our starting measuring point.

I personally believe that taking out 25% is too much, and that is why many times, I am willing to suggest that taking out 5% to 10% upon each doubling is more acceptable than 25%, yet guys can do what they like.

Of course, if a guy goes through 6, 7, 8, or 9 doublings, and he had ONLY been withdrawing less than 10% for each doubling, then he has a lot of his holdings in profits rather than being from his original principle.

I personally also believe that it is short-sighted for any guys to be employing any kinds of withdrawal strategies prior to getting his BTC holdings up to a size that he considers to be more than enough, and so then any of the shavings of value as the BTC price goes up would end up coming from the more than enough portion of his BTC holdings, and yeah, a person is in much more of a luxurious place if he has a lot of profits and if a lot of his holdings had already doubled a large number of time. Yet a guy who had been ONLY investing $10 per week over the last 9 years, might not be in as luxurious of a place as a guy who had been investing $100 per week over the last 9 years, and the guy who was able to front load his investment into bitcoin in his earlier years, is likely going to even be in a better position than the person who had taken longer to build up his bitcoin holdings. Understandably, not everyone is in a comfortable enough financial and/or psychological position to be ready, willing and able to be able to recognize bitcoin as a good investment and to sufficiently front load his BTC investment.

So a guy who might have had an ability to buy $10k worth of bitcoin in early 2016, which might have had ended up being 24 BTC and around $417 per BTC, he would have had ended up better than the guy who bought $100 per week of BTC and had invested $47k and had gotten around 13.5 BTC, yet the one who did both by investing $10k in the beginning and then $100 per week would have ended up with $57k invested and would have had been even better off with 37.5 BTC in his holdings and a lot more options in terms of at some point starting to consider himself to have had reached a state of over accumulation of his BTC..