Quote from: Stormisover on Today at 08:15:40 PM

Quote from: Stable090 on Today at 07:36:48 PM

Quote from: Stormisover on Today at 12:43:15 PM

There is no guarantee that you are going to be in profits with your investment even if you invest for 4 to 10 years or more and secondly you also need to understand that past performance is not a guarantee for the future performance but a guide and that doesn't mean we shouldn't put good efforts and good investment practices by buying and holding without selling too soon.

Have you seen anyone that invested in bitcoin 10 years ago and is currently at loss? Am confident that if you can hold bitcoin for 10 years, you will be in good profit. Do you think bitcoin will be at the current price which it is in the next 4-10 years? I don’t really think so, if you can take your time and check bitcoin price history, then you will know that bitcoin is really growing, and am sure in the next 10 years bitcoin price is really going to be massive.

Lots of people still don’t know about bitcoin yet, bitcoin awareness is still growing gradually, and even government are beginning to have change of mind about bitcoin, they are beginning to adopt bitcoin. With the way things are going currently, I will definitely use previous performance to predict how the future performance will be.

I am not in any in doubt of the potential of Bitcoin over time, already Bitcoin is a speculative asset and completely relying on the past performance to predict the future is completely wrong, your argument is more like saying that Bitcoin is 100 percent risk free and it is 100 percent guarantee to be successful over a long time which is not true. We saw Bitcoin given an all time high before the last halving which was not so in the previous halving. I agree with you that Bitcoin is still a growing asset meaning that a lot of revolutionary factors can influence a past performance not to repeat itself.

There are risks in life, you notice that there is a risk in any place. Although there is risk in Bitcoin and but it is trustworthy, if you can hold it for a long time by believing it, then that will be enough. Maybe you thought it was in the highest era but millions of people are holding this Bitcoin, but you can invest in Bitcoin by believing in yourself.
In terms of investment, it is said that you should invest as much as you can afford to lose, but investing in Bitcoin according to the method shown is the best and easiest method. If you do not have money, then if you invest according to this method, your investment will definitely be successful and you will also be able to survive for a long time.