Re: Buy the DIP, and HODL!

Bitcoin investment is one of the most profitable investments out there for anyone willing to wait for the long term regardless of how unpredictable bitcoin market get, no investment is without risk and there are 100% guarantees in bitcoin, but when compared to some other investments with the same accessibility as Bitcoin, then bitcoin tops as the best investment.

There is no guarantee that you will make a profit by investing in Bitcoin. The Bitcoin market is very volatile, there is never a guarantee that you will make a 100% profit by investing in Bitcoin.

Surely even though Bitcoin is unpredictable, risky and volatile, but there is tendency to make profit from it. %100 is even less. With Bitcoin 2x , 3x or 4x, %100, %200 and more is achievable. All that is just needed is time and long term investment. People always make that statement that %100 profit is not guaranteed, but though I will not blame them. I believe surely that most guys hypothetically thinks
That investing little will result to getting %100 in less than no time is achievable, but these people are not really Bitcoin investors, they could just be newbies into investment. Emagine investing just $500 into Bitcoin and hoping to get 2x of there investment in a short period of time, which is not possible, knowing true well that 2x profit of $500 is $500×2= $1000 while me and you Knows that for that to be achieved, Bitcoin will need to get to 2x for this $500 to hit 2x. E.g if Bitcoin curren price is $85k it means that $85k×2 = $170k. So the $1k of 2x will be achieved when Bitcoin price hit $170k So there is no short cut to achieve that. And the problem is that as Bitcoin is going higher so it's becoming harder to achieve 2x and 3x that is the reason why people mostly emphasis on Bitcoin that there is no guarantee of %100 profit because it can only be achievable when Bitcoin also hit 2x

Are they not right? How realistically do you think it will happen and when. Will a bitcoin investor at his age of 30s now still be alive when it occurs. Will he still be able to enjoy his investment's profit or will it just be an inheritance for his next generation.

i would agree if we're talking during bitcoin's early years. It's hard to magine the market capitalization of bitcoin if it reaches the price of $170k. Bitcoin's circulating supply is currently at 19,852,975 as per checking coingecko website. Let's say it's circulating supply will be at 20 million when it happens. $170k × 20,000,000 = 3 400 000 000 000 or $3.4 trillion marketcap on bitcoin alone. The whole crypto market cap right now is at $2.67 trillion where $1.6T of it belongs to bitcoin. All alts will die in order for it to come true.

It seems you have limited expectations for Bitcoin and that is rather unfortunate. When Bitcoin was below $1k, a lot of people doubted it getting to $1k and eventually $10k. The same happens when the price hit and ATH of $69k and dropped below $20k, many people gave up thinking that Bitcoin will not return again let alone reach $100k. Now you are having doubt about the price reaching $170k just because you are scared of what the market capitalization would be, that is somehow funny though because Bitcoin can do much more than $170k.

The only difference between the price now and the price of $170k is time because in a matter of time, Bitcoin will reach that price. The worst thing anyone can do is to imagine that Bitcoin have reached the peak because it is just getting started. If you consider the growing interest in Bitcoin and the fact that it has a fixed supply, you will have no choice than to conclude that Bitcoin still have every reason to rise even up to $500k in the future. The most important thing is to ensure you have as much Bitcoin as you can possibly think of before price gets there. That is why I support buying now and holding for as long as it is necessary because the future is bright for Bitcoin.