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Scraped on 07/05/2025, 03:04:31 UTC
Quote from: JayJuanGee on May 07, 2025, 01:09:06 AM
I am not sure what the purpose would be for any newbie to be concerned about whether his bitcoin is going to double in the short term or not, especially since bitcoin should be considered as a long term investment, and anyone getting started buying bitcoin in the $97k prices is going to likely take a long time to build his bitcoin investment - perhaps 4-10 years or longer - unless you are suggesting that newbies are going to be ready willing and/or able to front load invest into bitcoin and then discontinue investing.
If people exclusively newbies did enough research on Bitcoin and the market history, they would have known so well that there is no short term chance of doubling your portfolio value with Bitcoin except if they are very luckily with entries and exits even they did now what are perfect entries and exits and were not aware of their entry time and exit time are perfect.

Bitcoin historic doubling time historicallychart has no figure on average doubling time but I guess it is possibly somewhere around 300 days or even higher.
https://casebitcoin.com/charts#doubling_time
Original archived Re: Buy the DIP, and HODL!
Scraped on 07/05/2025, 02:59:36 UTC
Quote from: JayJuanGee on May 07, 2025, 01:09:06 AM
I am not sure what the purpose would be for any newbie to be concerned about whether his bitcoin is going to double in the short term or not, especially since bitcoin should be considered as a long term investment, and anyone getting started buying bitcoin in the $97k prices is going to likely take a long time to build his bitcoin investment - perhaps 4-10 years or longer - unless you are suggesting that newbies are going to be ready willing and/or able to front load invest into bitcoin and then discontinue investing.
If people exclusively newbies did enough research on Bitcoin and the market history, they would have known so well that there is no short term chance of doubling your portfolio value with Bitcoin except if they are very luckily with entries and exits even they did now what are perfect entries and exits and were not aware of their entry time and exit time are perfect.

Bitcoin doubling time historically.
https://casebitcoin.com/charts#doubling_time