Quote from: JayJuanGee on Today at 12:32:43 AM

Quote from: Wonder Work on March 18, 2025, 11:08:05 PM

Quote from: JayJuanGee on March 18, 2025, 10:32:35 PM

Many investors tend to have quite a bit of impatience in regards to wanting to see positive results from their investment, so it can take some time to get into a mindset that allows an appreciation of the value of buying bitcoin regularly and without spending much time thinking about its price. yeah, when we get 3-4 years or longer down the road, we should surely be in a place that is likely to be profitable, yet even going a whole cycle investing into bitcoin is not guaranteed to be profitable.

With an unstable attitude, you can never invest in BTC and expect to profit from it. If you invest in Bitcoin with an unstable attitude, you will come out of it with instability at some point.

We are likely talking degree rather than kind.

I think that it is important to get started, and each of us should be able to work on our various problem areas including our finances and/or our psychology.

Yeah, some things may be too far gone, and in need of being addressed, yet I am not going to presume, as a general principle, that people are too far gone and not able to get started investing into bitcoin and to work out their various defects.

Quote from: Wonder Work on March 18, 2025, 11:08:05 PM

For comfort and some profit, you must think long-term about Bitcoin, and at the same time, you must understand how to hold Bitcoin and how long you will make a profit from Bitcoin. If you do not know Bitcoin well and cannot do the investment process for long, expecting a profit from it won't be brilliant.

I doubt that all of those are needed prior to getting started. Sure, some things might need to be worked upon, yet there should be no reason that a person is not able to get started so long as he has discretionary income and some basic ideas about what discretionary income is...Yeah, if he does not actually have discretionary income and/or he makes mistakes because he is a child rather than an adult, that is on him to figure out or for him to get the proper guidance of an adult.

Quote from: Wonder Work on March 18, 2025, 11:08:05 PM

Quote from: JayJuanGee on March 18, 2025, 10:32:35 PM

Even if bitcoin is not guaranteed to be profitable, many of us still invest into bitcoin because we believe it is amongst the best, if not the best asymmetric bet opportunity that is widely available to people across the globe.

From what I know and believe, those who do not make a profit after investing do not know any positive or negative aspects of investing. Everyone has maintained DCA for a long time, hoping that this popular Bitcoin will take them to a good position. If you invest, you expect a profit from it. You will not find such people from Bitcoin who do not make a profit after investing. Today, those who invest for the long term definitely gain profits from this.

Past results do not guarantee future results. Many of us put value into bitcoin, yet each of us has to figure out our position size and we should be preparing ourselves for a variety of possibilities. yeah, sure bitcoin is a great asymmetric bet to the upside, so it is a great thing that you know about bitcoin and you are acting upon your knowledge to invest into bitcoin, so you are likely going to profit disproportionately to your peers. But it still is not guaranteed that you will profit greater than your peers who have chosen to not invest into bitcoin (whether time, energies and/or value).

Surely passed result is not to be a guarantee future results, with the rate at which things increases by the day, it have not open our eyes but it have make us to prepare ourselves not source in one place, we as a Bitcoiner didn't give us the guarantee that we are better than those that are not into it but we investment to make life different for ourselves not living the life of competition.