
The above picture is correct, it is not as easy as we think, we think we will buy Bitcoin and hold it. But past history shows that holding Bitcoin has to face various problems, as shown in the picture above. But if we have a long-term mindset, then holding Bitcoin will be like a straight road. On the other hand, if we have a short-term plan, then it will seem like a winding road, which will not be possible for us to hold for a long time. So everyone can invest but not everyone can hold for a long time. So if we want to invest in Bitcoin, we have to make a long-term plan, which will bring success in the future.
What I can say about both visuals is that there is no finish line for Bitcoin. The journey continues forever. The longer you hold on to it, the more you earn. You don't even have to sell it, your money keeps increasing in value. If you focus on the big picture instead of worrying too much about short-term (2-3 year) declines, you will be on the winning side.
Most people suffer losses because they cannot take a long-term view.
Every person needs money before his death. Nowadays it is not possible to do anything without money. A person can earn money very well till the age of 40. But after 40 years, many types of physical problems arise in them, at that time their expenses increase a lot. A person starts holding Bitcoin from the first day of their working life and if he holds it for a long time, then he will be able to build a very big portfolio in the future.
But yes, as we say, holding investments for a long time is not that easy. There are many types of financial crises in our life. Many people sell their holdings to deal with these crises, while many others sell their holdings in fear of falling. Many types of obstacles can come in our life, we have to hold on to our holdings by overcoming all the obstacles.
It could be the case that from 30 to 55 are the prime earning years of a guys life, and sure there may or may not be needs for guys to continue to earn if at some point in that process they have invested enough to be able to start to live off of their investment or to have their investment supplement their income so that they can be more free and/or selective in the kinds of work that they choose to do.
We cannot really make a blanket statement regarding at what point in life guys will reach a place in which they had earned enough and perhaps invested enough in order to discontinue or to slow down in their working for pay lives. There surely are also some guys who want to continue to work no matter their wealth status and they may well be engaging in work for reasons that go beyond needs to create more wealth.