Quote from: JayJuanGee on Today at 07:54:29 PM

Quote from: Barikui1 on Today at 07:53:38 AM

Quote from: blackberrman on Today at 07:30:54 AM

Considering the history of Bitcoin is very important for new investors, because if they consider history, they will see that many investors who invested patiently and when the price of Bitcoin started increasing from that investment, they still kept their greed behind and remained steadfast in their right decisions, which is why they have been rewarded in the present time, on the other hand, there were many who knew about Bitcoin but did not come forward to invest in Bitcoin, and many others invested but due to their greed they could not bring their investment forward because they might have panicked after seeing the price of Bitcoin fluctuate and sold it, or else they could not control their greed when the price of Bitcoin started increasing, but they are the ones who regret it in the present time because they have got the results of their actions, so it is important for new investors to know and gain experience well about the history of Bitcoin. If you want to strengthen your investments at the present time, you can use the DCA strategy and do it for a long time, even if your investment is small. By using the DCA strategy, you will get rid of the worries of when to enter or exit the market.

Yea you are right, looking at the historical record of Bitcoin and how it has fought his way up is really going to be encouraging for newbies investors to have more faith and will in investing in Bitcoin but I believe that the best possible way a newbie investors will invest in Bitcoin is having the right knowledge and mindset from the very beginning, that's why it very important on who introduced Bitcoin to you, if you knew about Bitcoin from a trader, their is a higher probability that he might mislead you and you will come with the mindset of buying and selling once it appreciate in value, but if you were introduced to it by a real investor, someone like jayjuangee that has seen it all , someone that knows all it entails to be successful in it, their is a higher probability that you will be successful in your investment because you got into it with the right knowledge.
In essence of what am trying to say is that who introduced an individual to Bitcoin has a major role to play in how the said person goes about his Bitcoin investment.

The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be a good strategy for over more than one cycle rather than limiting the timeline to one cycle.

The history can also be intimidating with big crashes and wild swings, but if a person zoom out, the long term trend has rewarded those who stick with it. Putting in a large amount early can work out great if the timing is right, but it can also be tough emotionally if the price drops soon after. That is why continuing to buy over time, even when things look rough, can be a smarter and more balanced way to build your position. It takes the pressure off trying to guess the perfect moment.

It is also true that you usually need to go through at least one full cycle to really understand what bitcoin is all about and to start seeing real gains. These four year cycles, especially with the halving events, tend to shape the market in ways that aren’t obvious at first. People who expect quick profits in just a few months or even a year often get discouraged, but those who stay patient and keep building usually come out ahead. It is not just about making money fast, it is about learning, adapting, and growing with the asset.

So yes, if you continuing to buy and hold through the ups and downs makes a lot of sense, especially if you are thinking long term. Although, bitcoin is more than just an investment.... It represents a completely new kind of financial system. Those who approach it with a long term mindset rather than chasing quick gains are often the ones who see the greatest rewards. It can be challenging, especially during price dips, but staying committed and steadily building over several market cycles is where real resilience and opportunity emerge.