There are ways to keep two somewhat contradictory thoughts in mind at the same time.
Bitcoin is not guaranteed to be profitable in the future.
Perhaps it's most likely to be a balanced equation not to take bitcoin of full guarantee yet be positive towards it since from the patterns or past of bitcoin it has never failed to make an increase in value or price within/after the cycles making it one of the best infsce the best investments so far leading governments to introduce Strategic Reserve as a means of reassurance that bitcoin is a paradigm which I always point at from the onset I knew about bitcoin.
Various aspects of the future are based on probabilities rather than certainties, especially when we have various aspects of human conduct included in the formula. Bitcoin can be amazing, while its future also being probabilistic.
Of course nothing is guaranteed in the future it's very much true and I tend to agree towards that even though bitcoin has been able to move forward in terms of price yet a volatile currency but however from past and partners bitcoin have been able to make a known and acknowledge fact that it's price tends to increase in every and/or after 4 years hence this one single behaviour of bitcoin makes it more somewhat reliable to a great extent having to include the recent adoptions by governments that bitcoin is not guaranteed compared to other investments yet much more inclined to do the same as old which means it would if possible keep appreciating compared to other investments. However it might seem like risk or is probably a risk but a lesser risk in terms of all other investment that exist out there.
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Perhaps just like I said above bitcoin in my opinion is a paradigm that shifted the world thoughts from a fiat system to a digital currency which has more of the real definition of money yet is under adopted in terms of world class investment however it holds more potential for profit for both individuals who grabs the opportunity from the onset to invest in it even those who are yet to invest including institutions and governments who are probably getting to hold a good percent of bitcoin in other to keep the centralisation system intact yet bitcoin seems to be deviant in terms of manipulation as much as fiat printing.
Of course, bitcoin is offering something new that has never been previously available, so yeah, we had not been able to hold and transfer digital value prior to bitcoin because of the duplicatability problem which was solved by the way bitcoin is set up to decentrally confirm and verify the digital scarcity.
Sure bitcoin has solved this duplicatablity issues in terms of comparison with fiat yet I would add that into in for some reason has much more definition of money in the overall definition of money hence I applaud for this reason yet it's more of a paradigm that shifted out thoughts from fiat (physical values) to digital values (bitcoin).
Sure bitcoin gave individuals who see it's potentials the opportunity to move from one financial class to another mobilising a good number of people in the world to a different financial state including me yet I'm considering to be very under invested in bitcoin yet it has proven the trust however if anyone is yet to see this potentials of bitcoin then they are probably blinded with the fiat system but in some ways some for some restrictions in countries are yet to find out all this about bitcoin. As long as one is able to pay their daily expenses yet with a slight knowledge of bitcoin hence it's most encouraged to grab some good quantities of bitcoin and store in a good wallet (cold storage) hence it's probably going to profit them.
No doubt, the earlier that folks get into bitcoin the better for them personally, even though we still have around 99% of the world's population with no actual direct price exposure. They do not own any and they have none on exchanges either.
Perhaps it's still not clear to me that with the large exposure of bitcoin in my consciousness yet we (bitcoin holders) are just within the population of 1% in the would this of course keeps me up all night trying to figure out how much possible I could hold a better percentage of the 21 million bitcoin yet governments are likely to put run individuals on this but however the least individuals hold us quiet a good step towards class mobility.
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Young folks this days seem to be claiming to be too late to buy bitcoin yet they find themselves convincing each other to go into some kind of shitcoins trying to shift themselves to the early days of bitcoin hoping to be profitable through gambling with shitcoins but perhaps if folks get aggressive enough or even consistent with DCA they might even in/with a short period of 4- 10 years be able to accumulate enough bitcoin to hold in a long term.
Yes, a lot of young people get distracted into shitcoins, and that will likely be to their detriment. Surely, there will be some who come over to bitcoin, and so there are some abilities for young people to make those kinds of mistakes and still be able to recover from their mistakes.
Of course some guys got into bitcoin for the fact that they got caught out with shitcoins and fell in to regrets having to run back to bitcoin and this mere fact that most of the young folks are still gambling with shitcoins trying to figure out there way means lots more guys will be able to find themselves with bitcoin after a period of time yet such time must have been wasted yet it's still some kind of eye opener for younger folks like me.
and of course coin security is very paramount but yet if one finds themselves in the early accumulation stage then self custody is probably a second step towards seriousness in holding for a long term yet the first step is to begin with the least one can afford to do without in a certain length of years not necessarily what one can afford to loss however it's most encouraged personally to start first and every other steps will be figured out along the line.
I think that personal financial (cashflow) management is much more important, and still guys can figure out how many BTC they have that might trigger them to put some of their bitcoin (if not most, if not all) into self-custody. I personally think that there will be some advantages to continue to use various custodial solutions for some portions of stash and when transacting BTC with others, yet there will also be value to figure out how to engage in practices to transact directly with others, whether businesses or individuals.
I have for some reason figured out throughout my time in the forum that coin security happens to be taking more serious once on have heard some amount of bitcoin that might be equivalent to $500 -$1000 worth of bitcoin in an exchange wallet or account then one is due for setting up a cold wallet or storage as long as one is in the long term investment mindset yet it's much more of financial balancing that comes first in terms of all investment figuring out how much aggressive one would be, how much allocated from your income would be set aside for bitcoin and how much of expenses one needs to cut down and setting up emergency funds etc as must important however coin security after all this should be made priority once one is convinced of long term investment.