Even if bitcoin is amongst the best, if not the best of investments, profits are not guaranteed in bitcoin, even if a long holding period can be achieved.
Sure, the longer period of time has an upward trend, despite shorter periods of high volatility, yet bitcoin's long term trend is also not guaranteed to continue to happen... and there are also execution risks too that can screw up any individual investor. It is misleading to suggest that bitcoin profits are guaranteed, even if bitcoin is amongst the best, if not the best, place to put value for a broad spectrum of the world's population, as long as they have a discretionary income.
Thanks for correcting me on this Sir, I totally understand your point, we shouldn't make it seem as though holding for long period would always guarantee success cause there's still many downtrend on the long run and any slight mistake by investors could ruin the investment, I now understand that being the best or one of the best investment opportunity in recent time doesn't mean that investors should overlook the risk factors.
I think hope is one of those things what's sustaining our investment cause if success is guaranteed like I thought then there would be no need to invest with the discretionary funds, one can just sacrifice their income for certain period with the idea that success is guaranteed in a certain period but that's not how it works, once again thanks for the corrections Sir I've taken note of it.
That's good, because I know that not everyone will want to learn and follow the right path, the key point there is that we live in a world full of uncertainty, nothing is 100% guaranteed, even your life is not promised, so going all in is one thing we should all avoid by all means as a Bitcoin investor, so that if it doesn't goes as planned in the future, you wouldn't be thinking of taking your own life.
So in as much as we have faith in Bitcoin due to it huge potential and are hopeful of it growth in years to come, we still shouldn't go all in on our investment because nothing is guaranteed, we should always invest what we can afford to lose to be at the safer side.