Quote from: SuperBitMan on Today at 02:38:44 PM

Quote from: JayJuanGee on April 20, 2025, 07:12:33 PM

[edited out]

Yes the longer we hold the more likely we will become successful, when it comes to bitcoin it grows as time goes on and that is why if you hold longer you will benefit more, just imagine those that started accumulating and holding Bitcoin from 2013 till date I believe they will gain profit than those who just hold form 2013 to 2022, however this comparison is when same amount of money is invested by both party but if is not then One can't really compare by the length of holding if maybe Mr A was using $5k to buy Bitcoin weekly for 5 years and sold and Mr B was using $100 to accumulate Bitcoin weekly for 8 years and sold the one that held longer using less money may not profit than the person using more money to accumulate.

I am not sure about the point of your comparison. Usually if we are attempting to compare to similar situations, then we would only change one or two of the variables in order to make our point.

Let's look at your examples and try to fix them. Maybe we should clarify the starting date as being the same.. So if one is starting 8 years ago, then perhaps the other is starting 8 years ago, also... which would be right around April 2017.

Mr. A - buys bitcoin $5k of bitcoin per week for 5 years, and then he just sells right away? That makes no sense. There is no pause between the buying and the selling, and surely $5k per week is too fucking extreme in order to make any kind of valid point. At one point you had suggested that the comparison persons would have had invested the same amount, but one invested more rapidly than the other, so even Mr. A who invested $5k per week would have achieved more or less the same investment amount as the 8 year investor (Mr. B) within his 8 weeks timeline.. since Mr. B's investing at $100 per week would be about $5,200 per year. Surely that kind of a comparison could have some meaning since in those circumstances, Mr. A would have had been a lump sum investor who spread his investment over 8 weeks rather than Mr. B who spread his investment over 8 years.

You still have to figure out what point you are trying to make. For sure it seems that Mr. A would have had done better than Mr. B.. but we need to figure out some of the specifics in order to make an attempt to assess the differences between the two...

Let me try to go back to them under these potential conditions.

Mr. A buys right around $42,500 worth of bitcoin over 8 weeks in early 2017, so perhaps his average costs per BTC are in the ballpark of $2,500.. so he bought around 17 BTC.

Mr. B. invested the same amount, and he bought $102 per week over 8 years, yet Mr. B only accumulated 4 BTC.

It is hard to make any kind of a comparison, since it is way better to front load our BTC, and Mr. A could have had sold 13 of his BTC 5 years after starting his investment - perhaps in early or late 2021, and maybe he got $650k for his 13 BTC, and then he still has 4 BTC, just like Mr. B has in 2025, but he also cashed out $650k (around $50k per BTC.. sure, maybe he could have had gotten more at certain times, too).

Again? What point are we trying to make with these comparisons of hypotheticals?

If you have money to front load your bitcoin investment, you are likely going to be better off as compared with someone who does not have money to front load his investment into bitcoin and who has to spread out his investment, yet at the same time, an overwhelming majority of folks do not have abilities to front load their bitcoin investment in the kind of amounts that it would otherwise take them 8 years to build up such investment.

Frequently we suggest some kind of hybrid, even for guys who are able to front load some of their bitcoin investment, so they get lump sum amounts coming available to them from time to time, and then so they may well continue to DCA invest and then to invest their lump sum amounts from time to time along the way too... and so the point is that they are doing the best that they can within their means.

Sometimes we might be making a point over someone who chooses to be more aggressive and to compare him to someone who chooses to be more whimpy, yet you seem to not be making that point except to assert that there could be a guy (such as Mr. A) who buys bitcoin way earlier and then he ends up selling most if not all of his bitcoin and Mr. A is still better off than the guy who DCA'd into bitcoin (Mr. B), yet we don't know that MR. B even had access to the funds that Mr. A had access to, but from my point of view it still would have had been dumb for Mr. A to have had sold most if not all of his BTC stash 5 years after getting involved in BTC, and there are likely a lot of other better ways to describe the comparison points that are being made.

Quote from: SuperBitMan on Today at 02:38:44 PM

Lack of patience is the reason why some investors can't hold for a whole cycle, they find it difficult seeing that they have money in Bitcoin and not spending it, so just like you said they will want to enjoy life and there by selling some Bitcoin and their idea of enjoying life is by clubbing and spending the money lavishly and in the process of doing all this they are still investing and such act always draw an investor backward.
You are right JJG an investor who have this mentality of enjoying life in the process of still growing his Bitcoin investment won't get to a fuck you status because you can't be dipping hands into your Bitcoin investment in the process of growing it and still expecting to reach a fuck you status, the way to reaching a fuck you status is by being disciplined, patient and consistent.

I agree with your overall points regarding the value of consistent and persistent accumulation and even staying in bitcoin rather than getting in and out of it, even though I still think that your examples could have had been developed a little bit better if you were wanting to compare two similarly situated persons in order to try to make your points. it seems to me that you attempted to be too extreme in your comparisons and then you did not verify the details with actual facts in order to make your points.