Quote from: fullfitlarry on August 07, 2025, 11:46:17 PM

Quote from: CageMabok on August 07, 2025, 09:27:06 PM

Quote from: MusaPk on August 07, 2025, 07:12:36 PM

Quote from: JayJuanGee on August 07, 2025, 04:37:33 PM

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If you are buying for last 10 years then you are not only buying at ATH but also at low price. ATH changes with time, like in 2017 ATH was 20k which today looks like an ordinary price. Today price is at it's peak of 115k and may be after few years from today 115k also looks to us an ordinary price. One advantage of keep buying for 10 years is that we don't need to worry about the bottom. Ten years averages the top, middle and bottom prices to give a good figure.

Over the past 10 years, anyone familiar with Bitcoin and closely monitoring it when buying has seen several ATH reversals, which generally occur every four years, such as in 2017, 2021, and this year, with a peak of over $122,000, not $115,000 as you claim. And for those who have been consistently buying Bitcoin since 2015 until this year, they have undoubtedly felt the immense success of their actions, driven by incredible confidence over the past ten years. So, these people have seen and experienced such a significant price difference that they no longer expect Bitcoin to return to its former lows, despite the constant volatility. However, as we've seen, the price continues to rise, and now the price of Bitcoin has surpassed $117,000 again in the market.

Reversal happens in 2018 and 2022 which is the bear market. 2017 and 2021 was a bull run. It's obvious that if you have been buying in the last 10 years then you will have profited big already. Even if we start in 2022 as well and till now we are not selling any, then the ROI is really huge. And for sure we have heard about the Satoshi era investor who sold recently. The price of Bitcoin when he bought it is less than $1.00 and when he sold it, the ROI was close 17,000,000%.

Quote from: JayJuanGee on August 07, 2025, 04:37:33 PM

Quote from: kanftka on August 05, 2025, 03:01:55 PM

And the crazy part? DCA works even when you don’t time the bottom… Like, you could literally buy while Bitcoin is dropping, and as long as you stay consistent over time, you still be profitable off it… That’s what people don’t get. You’re playing the long game, and the long game always wins in Bitcoin investment...

Most of the OGs you see sitting on bags of Bitcoin did not trade their way there, they just kept buying regularly, ignored the noise, and waited. Simple as that….

The crazy part if we are buying bitcoin for 4-10 years and even longer, we could end up buying at the top and at the ATH several times and still end up in profits over the long term with each of the purchases and/or with the overall average purchases, and we have no way to know if we are buying at the top, so we should not be thinking about those kinds of matters if we keep on accumulating bitcoin on a regular basis, as you mentioned.

Another crazy part of the history is, if everyone will remember James Howells, the man who have lost $8k Bitcoin when he accidentally throw the hard drive with the keys in it in a landfill in 2013. He has spend more than 10 years now trying to fight it out to be able to scan the landfill with his hard drive. Just imagine if he invested in let say in 2015 instead of using that money to look into the land fill and now trying to buy it, he could easily be getting his money back already or even profited more than what he lost.

I don't know how accurate James Howells' example is. But if you invest in Bitcoin in some way, it will eventually become a very big investment. Those who sit around thinking about it and don't invest in Bitcoin will fall further behind. If you bought Bitcoin in 2015 when the price was much lower, you could have sold it at a much higher price now. If you bought Bitcoin around 2015 and started investing, you could have made a lot of progress by now.