You may be right but being positive is different from excessive speculation when you are over speculating you are giving yourself hope but it will be discomforting after giving yourself hope and the price of Bitcoin didn't get to the speculated price. In as much as it is good to be positive we should know how to be positive about something so we don't get discourage when something went wrong. Buying regardless have always been the best way to go about Bitcoin and instead of me to be speculating about Bitcoin I would rather look for a way to increase my holding.
You are actually right here no doubt, because one major problem most Bitcoin investors have is too much expectation, and it's sad to say this that if things doesn't goes as planned, they will feel really bad for themselves, that's why I believe that in as much as we are accumulating Bitcoin and trying to accumulate a very huge stash of it, we should have it at the back of our minds that nothing is promised in this life, anything can happen in the future that may warrant our Bitcoin investment not to go as planned, so going all in is dangerous, not just the financial aspect, but also the expectations and emotional aspect is very bad and dangerous to our well being.
So invest what you can afford to lose, either financially or emotionally.
One of the most overlooked aspects of Bitcoin investing isn't just the financial side, it's the emotional resilience needed to survive the journey. Many people set sky high expectations, and when reality doesn't move in sync with their timelines, it leads to frustration, panic, or even emotional burnout.
Bitcoin rewards conviction, but conviction doesn't mean blind hope, it means understanding the game you are playing. You are right, nothing in life is guaranteed. That’s why a measured, balanced approach one that considers not just your capital, but also your emotional bandwidth is crucial.
Going all in might sound bold, but in reality, it often stems from impatience or desperation. And when the market turns against you as it often will..it’s not just your wallet that takes a hit, it’s your mental clarity and peace of mind.
That is why the golden rule remains, only invest what you can afford to lose not just in money, but in expectations. It’s better to grow slowly and sleep well than to risk everything and live in anxiety....Sustainable investing isn't just about returns, it's about staying in the game long enough to see the returns.
You were right when you tried to analyse the emotional requirements and involvement in long-term holding of your acquired bitcoin. Every successful bitcoin journey has survived a whole lot of emotional bankruptcy and resilience and that's human. What matters is in being absolute about not selling off no matter the market trend. This is where investing with discretionary income comes in and that's the surest way of managing your emotional health.
However I disagree with you, even though conditionally when you talk about investing what you can afford to loose. This notion contradicts your initial belief in cultivating an emotional strength to hold your bitcoin for long. It however tends to tilt in line with the Bitcoin Traders anthem, which is investing only what you can afford to loose. If the goal is a long term holding, then to a large extent, even though it's not absolute, in an ideal bitcoin certain, then such belief is not valuable among the bitcoin investors.
Every bitcoin panic sales comes from the mind. So if someone is able to control his mind and learn to forget his bitcoin stash, so long as he maintains his emergency funds tightly, then every possible bitcoin has a larger potential to give a good reward afterwards.
Most people focus only on price, but the real test is mentally being able to sit through brutal drawdowns without panic selling. That’s why stacking with discretionary income is key. When your essentials are secured, your Bitcoin stash doesn’t become a source of stress, it becomes a long term play you can afford to ignore.
Now, regarding the only invest what you can afford to lose idea..... I partially disagree, especially from a long term holders perspective. That phrase often comes from a traders mindset, not someone with long term conviction in Bitcoin. If your thesis is strong, and your emergency funds are intact, you don’t approach Bitcoin as something to possibly lose, you treat it as something you build over time.
Panic comes from poor planning or emotional attachment to short term outcomes. But those who condition their mind to hold through thick and thin, while managing risk properly, often end up being the ones who benefit the most in the long run.
Sometimes it can take a bit of time to put good systems and practices in place, and in the very beginning a guy might not even realize what is the difference between trading and investing, and even if he hears that others believe that bitcoin is a 4-10 year or longer investment, the idea might not sink in with him personally, so he might not actually understand it, even though he still might start out by investing into bitcoin with a shorter than 4 year timeline... but then as he learns more about bitcoin, he may well come to understand and accept that bitcoin investing is 4 years minimum for any of his new investments into it... and not a shorter timeline, so his ideas may well change as he better gets to know bitcoin and some of the ways that bitcoin is a relatively unique asset.
JJG Sir, I think those who want to invest with 100% success in investment have never actually been investors.
My advice for those who want to invest in Bitcoin is this.
If a person thinks too much about profit and loss and other things before investing in Bitcoin, I don't think he will be able to invest in Bitcoin very easily.
Starting every thing is the most difficult. For example, if you want to move a fixed thing, you have to apply more force first, later you can change the place of the thing with less force.
The same thing is true in investing in Bitcoin, if you only have an idea of how Bitcoin works, then you can start investing in Bitcoin. You don't need to think about how many years to start and what the price will be when you sell it.
Along with investing in Bitcoin, you will get the opportunity to think about your Bitcoin.
If you are a good investor, then after a few days of investment, you will definitely understand how long you should actually save it.
Many people say that if the price of Bitcoin is x, they will sell it, if the investment year is y, they will sell it.
My question to them is why should you sell one if you don't need the money at that time.
Can you find a better investment than Bitcoin?
Who will give your money more security than Bitcoin?
Is there anything better than Bitcoin that will protect your money from inflation.
So why do you want to lose your Bitcoins at your unnecessary moment?
In terms of investment, you just prepare yourself firmly in this way that I will try to protect my Bitcoin collection with the maximum.
No need to think so much about when to sell and at what price to sell.
In terms of Bitcoin investment, you are an ant, and keep saving like an ant. "Success is yours"
You made some really great points, and I think a lot of people need to hear this. That example you gave about moving a heavy object is spot on, starting something new, like investing in Bitcoin, can feel hard at first. But once you begin, it gets easier over time. You don’t need to know everything before you start. Just understand the basics, start small, and learn more as you go. The experience itself will teach you a lot.
You also said something very important, that many people focus too much on the perfect time to sell or how much profit they want. But if you don’t urgently need the money, why rush to sell something that’s still growing in value? Bitcoin is one of the best ways to protect your money from inflation and the problems in the regular financial system.
Instead of worrying too much, just stay consistent. Keep saving and holding your Bitcoin like the ant in your example, little by little, step by step. That’s how most people succeed with Bitcoin over time. Success in Bitcoin doesn’t come from being perfect. It comes from being patient, steady, and strong.....