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There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.
I have seen that the prices of Bitcoin have risen tremendously in the last 1 decades However, in the case of the price, a large number of courtyards can be seen again You can hold Bitcoin for at least 2 cycles if you want I think you should invest some of your original wealth in Bitcoin in holding Bitcoin for 20 yearsLong your portfolio in small size. Investing small numbers using the DCA method can be a safe strategy to invest in a long period of time. Which will help reduce the average price in your market fluctuations.
There is no barrier to Bitcoin investment, you can continue to invest with a little money In the long run you can invest in Bitcoin every day in your income (10-15%) And the rest of the money can be left in the shares bond, real estate and any That way you hold your long day bitcoin You can continue the journey.
Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more
historic data does not guarantee future performances, Everything are all speculations, so even in your predictions you should remember that there is no guarantee on your investment. We are all putting up a positive attitude concerning our investment because we believe that bitcoin would become more expensive and give us profits in the future. Long-term holding plan is good, and the longer you hold, the better profits you tend to benefit, yet everybody has reasons for holding for any period of time, age factor can still influence holding period, same as health challenges. the younger investor has more possibility to hold for a much longer period than the already advanced ones who may want to soon start living off their investments as their age advances.
I would advise the younger ones to take bitcoin seriously since they can hold for 2 or 3 decades if possible since they are young and can still do other jobs to provide income for themselves while investing into bitcoin and holding for long. Such a youngie who takes bitcoin seriously may even have the privilege of reaching his accumulation target, resetting it and even reaching over accumulation phase long before his holding period terminates and before he gets advanced as retirement age, must have acquired enough that he may wish to live off and still maintain a wealthy and balanced lifestyle well into old age.
I agree to what you are saying @Sticky Bomb, the historical data of bitcoin doesn't guarantee future performance, everything are all speculations, just you said we are only putting the positive attitude that bitcoin will expensive in the future and give us more profits, because it doesn't make sense for we that is investing in bitcoin for long term to put on negative attitude but still the historical data of bitcoin doesn't guarantee future performance so less be quided and stop been over confident less approach bitcoin with caution, because nobody knows what will happen in the future.