Part of the thing that I also frequently tell people is that they need to have a timeline of 4-10 years or more, and the 4-10 year time line is for guys who happen to be old or have some kind of a health concern, otherwise they should be considering bitcoin as a investment that is 10 years or longer.. so then there are so many folks who get scared by my long term framing of matters.
so my BTC holdings were not really profitable for the first three years, yet I don't regret anything that I did, and I will proclaim that many times people are not really in profits in their first several years in bitcoin.. including if they might be trying to build their bitcoin holdings up in their first several years when they are first getting into bitcoin, too. ... so I will say that they should not necessarily presume that they will be in profits, and if they are in profits, then they may well need to not get distracted by being in profits since they likely still need to build their bitcoin holdings.. so there can be dilemmas getting into bitcoin when the price is going up.
Yeah, because do to there age or health they can or may not be able to hold for a longer time let say 10 years. But one thing people don't understand about this Bitcoin holding of a thing is that holding for 4-10 years doesn't guarantee there will be a great profit, sometimes we see Bitcoin fluctuating up and down for a long period of time and it will not even appreciate that much and whenever things like this happen for 4-10 years there is every tendency that we won't be on an expected profit yet so we should not have the mindset that in 4 years of holding we will see huge profit.
Whenever, you are doing the right thing and you know yourself that you are doing the right thing no matter the outcome at that moment, you won't regret because you know you are on the right track and knowing that success is not achieved so easily will make one to keep on pushing. Anyone who is new into Bitcoin investment should not put profit in forefront because profit will either spoil your investment or fix it by motivating you to keep on accumulating and holding because tomorrow will be better. Now what I mean by profit can spoil investment is that, there are people that will see profit after holding for a small period of time and they won't hold themselves they will sell off there investment forgetting the goal was to hold for a long period of time.