And yeah bitcoin is volatile and it is not guaranteed to go up, yet it seems that at the same time it is amongst the best of places (if not the best of places) to be putting value for a large number of people around the world in terms of whatever that they are able to save up for a couple of cycles or longer.. then it is likely that their purchasing power is going to be better preserved by keeping the value in bitcoin as compared with any other place that it can be kept.
Of course nothing is guaranteed yet bitcoin is much more compared to every other asset, looking at the past of bitcoin and how well it has performed there is no much asset that is better than bitcoin for a long term investment even though there are other forms of investment that might be profitable yet bitcoin seems to be out performing them. Bitcoin as a store of value is one of the most underrated by low coiners or no coiners for the mere fact that it's volatile whereas it's volatile nature is one of the most adorable features that it has as it creates more opportunities for one to buy at a cheaper price.
However, we still have to consider that past performance is not a guarantee for the future performance we should always know this even in our investment decisions making, Bitcoin is not guaranteed to go up but yet it has the potential to go up and still remain one of the best places we can put our value on, Bitcoin having a limited supply of only 21million and with the look of things Bitcoin is a trend of a the world class digital asset of which the journey has just began because Bitcoin has a very long way to go, without Bitcoin being volatile new investors wouldn't have be coming in hence I don't consider it as a problem perhaps it even offers buying more at a lesser price when in downturn, the resilience to be patient enough to see what the future of Bitcoin holds can be maximize when investing solely from our discretionary income, and having a provisional emergency funds.
"If you know your history, then you will know where you're coming from". This is the wise word most of us have heard. That "Bitcoin volatility" having performed good in the past does not imply that it would perform better in the future! How most of us got glued to bitcoin exercise is solely almost all based on prior knowledge of what bitcoin records as heard from the great minds. Even the Scape goats like the trader could be yardstick for measuring possibilities in bitcoin travel. You can chose to believe that the past does not really matter but histories was the foundation for trading and studying chats.