Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.
Until now, no one has been able to predict the future, and I hope no one will ever be able to. Bitcoin is an uncertain market, anything can happen at any time. According to the current market demand for Bitcoin, it can be assumed that the price of Bitcoin will increase in the future. But it can never be guaranteed that the price of Bitcoin will increase.
We can expect that the demand for Bitcoin that is currently there will be a lot more demand for Bitcoin in the future. If the demand for Bitcoin really increases a lot in the future, then the current value of Bitcoin is very small. Save Bitcoin for the future, such as long-term investment. Long-term investment is much less risky than short-term investment.
I don't need to be guaranteed any anyone when it comes to bitcoin investment, but that doesn't mean that I don't have this conviction that bitcoin price will be far better than it is today in the next few years from now. Let's say a decade from now bitcoin price won't remain the way it is right now. To me that's a somehow a level of conviction. And since in have this conviction, it does serve as a motivation to me. If we as long term investors don't have this conviction, then why do we keep investing and holding bitcoin for long-term? If as long term investors we are convinced that people who are in for short term profit are making financial mistakes and we believe that long term hold is the best way to get the most out of bitcoin investment, that alone is enough to serve as little form of conviction to us the investors.
Even though nobody has guaranteed us that bitcoin will get to certain prices, but believing that the price won't remain at this range in the next decade is enough for an investor to keep accumulating. We don't have do be speaking like people who are not convinced about bitcoin. If you ain't convinced that bitcoin is destined for a great future, you might not be consistent with your accumulation and holding journey. As long term investors we don't have to be sounding like people who are confused about what we are doing or sound like broken records when talking about bitcoin achieving higher prices in the future.
Of course, belief is the main thing that must be instilled in us if we want to maintain Bitcoin in the long term and get big profits. But all of that must be based on research, I mean seeing the development and growth of Bitcoin users that continue to grow and the number of adoptions that continue to grow over time and also the track record that proves that the long term is the winner and the personal strength to have faith because that's the only thing that keeps me strong regardless of what happens in the market and also negative news about Bitcoin because it has become part of Bitcoin and what we must know in the end the price of Bitcoin continues to rise and continues to rise through all of that and all of that must be known which makes us have strong faith in Bitcoin. And patience is also needed not because the price drops then panic wants to sell it, but patience to hold when the price of Bitcoin rises and gives us a decent profit and must have strong patience by holding it because this goes back to our belief that it is just the beginning of Bitcoin giving good profits which is actually a test and if we are patient and remain confident in the future Bitcoin will provide much greater profits than that. And continuing to buy regularly is the best way for us to grow Bitcoin that will accumulate to be large in the long term which will provide much greater benefits in the future. But all of that must be supported by good financial management, directed, separate, not using important money and having discretionary finances and so on that most people say and it is true, aiming for everything to run well and according to expectations.