Quote from: _act_ on Today at 11:03:58 AM

You are very correct about this but anyone that is investing in bitcoin now should not think that bitcoin will increase in a way that he is going to be one of the wealthiest people on earth because bitcoin is going to continue increasing in value, but the person should see bitcoin as an edge against inflation and a store of value in long term instead. Bitcoin will increase in value and price but it can not be as it did in the past.

This mentality what has actually made most investors to be investing wrongly, there is no denying the fact that bitcoin will definitely be increasing in value even others can say the future isn’t yet certain but this is most likely to happen due to historical trend of bitcoin. But those this translates that all investors will be wealthy? I don’t think so it definitely depends on how well everyone measures wealth. I personally think that the amount of bitcoin will transcend into your wealth. Those having stack small amount will most likely get their portfolio increased in maybe 10s but won’t be classified wealthy.

This also doesn’t mean that one should hop into bitcoin with such a huge amount of money but rather it should be any amount one can hold up for a very long term say five plus years. Also it seems bad to only draw people into bitcoin just because of the future profits because new investors can take it out of context that’s why we have investors who panic at any slightest dip of the market. Bitcoin is a store of value that should be also used to bring in investors and not profit alone