Those who bought Bitcoin in 2011 and held today are already smiling because the collected Bitcoin at giveaway prices and are rich as we speak.
What makes you think that there are some folks who bought bitcoin in 2011 and held it till today? Anytime you're giving a reference about those earlier investors make sure you have witnessed one, Not just making exaggeration. Because is obvious that you're just exaggerating, you're not really sure about what you're actually talking about. And I'm still having a doubt about that, though most of those earlier investors can be patient enough to HODL thier bitcoin for long term, let's say for like 4 to 5 circles if possible.
but I'm pretty sure that non of them that can be patient enough to HODL thier bitcoin right from the early stage when the price of bitcoin was very much affordable till this time that the price have skyrocket, honestly I see no possibility in that.
You are confusing yourself if you think that nobody bought Bitcoin since 2011 that is still holding till date. Even though I don't owe you any explanation, it is proper I make you understand that I know someone from my country that bought Bitcoin as early as 2011 at a price of $35 per coin, he still hold a good portion of those Bitcoin and have never stopped consolidating on his Bitcoin collection because he is a hardened believer in Bitcoin.
If you have figured out a way of surviving and still have surplus to put into Bitcoin, why can't you hold for as long as possible? There are people that have high paying jobs that are putting a lot of money into Bitcoin and have never sold, I have one of them as a high school mate. You already learnt from this thread what is required to be able to hold Bitcoin, they moment you apply them, it will work like magic for you. Don't think that anyone going into Bitcoin is for short time buy to sell, some are thinking long term which covers several decades.
Yes, people like this still exist today and who knows how long they will continue to hold the Bitcoin they have owned for a long time. And of course people like this will be rich if they sell Bitcoin later or even now if they want, and I really salute those who still hold Bitcoin when the price is very cheap and are not tempted when they have made many times the profit.
And people like this should be our motivation to continue buying with the DCA method and holding it for a very long time, and I have started it after I learned from the mistake of being tempted by big profits when if I continued to hold it the profits would be much bigger including if I sell it now. So never hesitate to hold Bitcoin for a very long time, at least a decade or more and keep buying casually according to your ability or try to routinely buy Bitcoin without paying attention to the price or any news because in the end the price of Bitcoin will continue to rise like the trail of Bitcoin's journey with full drama but still solid and continues to experience price increases, so this is a good opportunity that should be done without planning to sell again and also thinking that the price is already high and most importantly have strong beliefs, motivation and also adequate income, if income does not support make it a motivation that they are still holding Bitcoin until now so that you try and try so that you can have income to support your investment in Bitcoin or you who already have experience can be your motivation to try to increase your income so that you can add to buy Bitcoin routinely that you do and do consistently for a long period of time without any time limit until you really get extraordinary profits because no one can stop the price of Bitcoin which will continue to increase.