I think people are being scared of buying bitcoin now probably they feel that the price of bitcoin is now expensive, I think it might be people who aren’t interested to invest bitcoin for a long term goal, who might be interested in quick profit in bitcoin, why should I feel that that the price of bitcoin is expensive when there is DCA for me to invest and continue accumulating constantly on weekly basis or monthly basis depending on when I have a discretionary income
Well is not their fault though many that does not understand Bitcoin potential will definitely feel such way not having interest and same time the price to high and stuff , most us here where once like them but thank God we where able to see the beauty of Bitcoin on time so that we can make good use of the opportunity. This is why advice or rather urge folks to always research more while accumulating Bitcoin it will strengthen them more and same time motivate them not to give up.
It's actually their fault if you consider all the facts, yes at some point in their lives they were not aware of bitcoin and the potential success they stand to gain from investing in it but then over time they learnt about bitcoin but are not refusing to invest because they don't think the price will get any higher than it already has believing any further investment to not be fruitful especially for new investors so for this reason they decide to not invest at all and when bitcoin eventually proves them wrong they usually start feeling bad but with every DIP they are like "I knew the price wasn't going to stay that high" it's definitely their fault for missing out on bitcoin, no investor should expect everything to be handed to them on a platter, progress takes time and effort, success in bitcoin investment doesn't come overnight, it takes patience and consistency for it to bloom and only those who waited with it will stand to gain at the end of the day.
You are right, it really does come down to personal responsibility. Once someone knows about Bitcoin but still chooses to ignore it out of fear or doubt, that is on them. Many wait for the perfect time, but there is rarely one. Then when it dips, they feel smart, and when it rebounds, they regret not buying.
Success with Bitcoin takes patience, consistency, and time not luck. Those who wait for a handout usually get left behind.
You know the meaning of CAGR? It is the compounded annual growth rate, so it is difficult to have high numbers such as 20% or higher over long periods of time. Bitcoin's long term CAGR is likely to continue to be coming down, yet at the same time, Bitcoin's CAGR is likely to continue to beat various traditional assets at least for some time into the future. It is not guaranteed, but it is likely. We can measure out any asset and let's say that the investment timeline is something like 8 years, and we see that in the last 8 years bitcoin has a CAGR of 58%.. that means every year during that period, on average, it has grown 58% which gold and the S&P have only grown on average 13% and 12% per year during that time.
Surely there may well be some assets (specific assets like NVIDIA or even certain properties) that have CAGRs that approach bitcoin's CAGR over similar periods of time, such as over 8 years, and yes, it is interesting to continue to see how bitcoin's ongoing CAGR will continue to measure in comparison to other places that value can be placed/invested.
Yes, exactly, CAGR is just a fancy way of saying, How fast did this thing actually grow over time,When you see Bitcoin with a CAGR of 58% over 8 years, that is like watching a tiny sapling turn into a giant oak tree while gold basically sat around like an old houseplant. Of course, nobody expects Bitcoin to keep growing like a rocket forever, because eventually it has to slow down a bit unless Satoshi left us some kind of magic growth fertilizer. Even then, it still has a good chance of outperforming traditional investments for quite a while.
What is great is Bitcoin doesn’t care who you are. You don’t need to be a Wall Street hotshot or some rich uncle in a suit. If you have a phone and a little bit of spare cash, you can start stacking sats. Meanwhile, some big institutions and governments are still scratching their heads, trying to figure out how to get in without looking late to the party. That is your cue to quietly front run them while they are still drafting memos......Plus, Bitcoin limited supply is like a party with only 21 million seats, once they are taken, that is it. No printing more tickets, so while your local currency is busy shrinking in your pocket thanks to inflation, Bitcoin just keeps sitting there, stubbornly refusing to be diluted.
Sure, nothing is risk free and if it were, we all be sipping cocktails on the beach by now, but with some common sense, a long term view, and maybe a DCA strategy so you don’t lose sleep every time the price dips, Bitcoin can be one of the most interesting places to put value over the next decade......And hey, at least with Bitcoin, you don’t have to pretend to understand the fine print of the traditional financial system, because half the time, even the bankers don’t.