Quote from: Alpha Marine on Today at 07:12:31 AM

Quote from: JayJuanGee on August 20, 2025, 11:14:55 PM

Even better to stay in bitcoin 4-10 years or longer.

Sure the first couple of years can seem enticing, yet it is going to be difficult to buy bitcoin in the future for the prices that were available in the past two years, whether a guy front loaded or just continued to buy on a regular basis through out the last two years.

Exactly my point. If you can make over 100% profit in 2 years, imagine what will happen when you hold for at least 5 years, even better if you've been accumulating for all those years. That's why I believe the person is lying. I still don't understand how, despite all these years, people still fail to realise that bitcoin is a long-term asset. They've seen how it has grown over the years, yet people still want quick returns from Bitcoin. This is a reason people fall for scams, Ponzi schemes and memecoins.

Many of us can see how it can be so tempting to cash out during circumstances that we should probably just continue to buy.. and to make it through our first cycle or two of buying.. .. so then once we get through our buying period, we still might have another period of perhaps 4 years where we are not buying nor selling, and then at some point later down the road we might transition into selling some of our stash in a kind of streaming way.

The exact ways of dealing with our BTC holdings would depend on a variety of circumstances, including if a guy is continuing to work or maybe he is cutting back on his work or changing kinds of work and maybe anticipating transitioning into either living off his bitcoin or partially living off his bitcoin once enough time had passed that he is feeling good about his holdings and that he is not going to damage himself by starting to draw from his BTC holdings.

Quote from: avp2306 on Today at 08:37:58 AM

Quote from: Alpha Marine on Today at 07:12:31 AM

[edited out]

So I guess people would get an idea about growth of Bitcoin each year since 2010 https://www.statmuse.com/money/ask/bitcoin-yearly-returns-2009-to-2025-chart

Those stats shows that Bitcoin became more great asset as many years pass by although there's a bear situation happen I guess that time would be a good time to accumulate more Bitcoin if there's situation like that happen.

Looking for quick gains is risky and unsustainable, we see lots of people fall down or got broke because they fall from scams. So better for people to avoid looking such quick rich scheme and better pay more attention on accumulating more Bitcoins.

The idea is correct including the ideas about how to deal with the years that the price seems negative rather than positive. We are not going to know in advance if the year is going to be negative or positive, even though we have seemed to have 3 years up and 1 year down and then repeating the same pattern.. at least so far.

Another thing is that of course from any chart there is a starting reference time that is selected, so in that above linked chart, it is going by the calendar years, which may or may not be a good measuring point for any particular individual to get synchronized with the calendar year versus his own start year. It may be better to start in a year that the BTC price is either going down or it is largely flat versus when it is going up, and it is not clear if waiting is a good choice either.. especially for someone without coins and he is not going to really know where he is at in terms of whether the bitcoin price is going to go up, down or sideways.

Quote from: Bluedrem on Today at 08:48:01 AM

Quote from: HajiBagi on Today at 05:16:59 AM

I don’t know why some people find it difficult to understand the difference between Bitcoin and Shitcoin or other coins, Bitcoin is far different from any other coins because it is the only investment that can give you peace of mind without no doubt, it’s not that some people don’t understand the difference, some understand but a quick profit will not let them know the truth, there are still people who still doesn’t trust Bitcoin because of their experience wasting their money and effort to buy shitcoin.

It’s very difficult to convince people sometimes when it comes to investing in Bitcoin, especially when you tell them that the investment is a long term investment, they don’t want to hear the long term investment because their goal is to make a profit in a quick profit, as a good investor don’t think of short term profit, always add a good plan to your investment before you start investing.

People do not always invest in Bitcoin because of the negative perception of Bitcoin, or some people have different reasons for not investing here.
To gain practical experience on why people do not invest despite knowing about Bitcoin, I conducted a survey with some people and asked some people - there I asked them why they do not want to invest in Bitcoin?
Many people gave many types of answers. After analyzing the answers, I found two types of things.
Some people's answers were exactly that they do not want to save for their next generation, they want to enjoy what they are earning in their life by enjoying it. Their explanation is that since Bitcoin has to be invested in the long term, then they will get profit from it after a certain year, they do not want to take the risk of waiting so long.
And some people think that if all the countries of the world ban Bitcoin, it will become an unusable currency, so they may lose their wealth. That is, they have not yet gained faith in Bitcoin, they refuse to trust it. They think that they will not be able to use it at the moment they need it. Their question is that if they earn money in life and cannot use it at any moment, then what is the point of saving it there?
😃😃 What a strange way of thinking people have!

I would imagine that if we are going to survey anyone about their ideas in regards to bitcoin and why they do or do not invest into it, then we have to get some assessment regarding their level of knowledge about bitcoin first.. .and then go from there.

Surely folks who do not invest in bitcoin are way less informed about bitcoin than those who do, and I am not even claiming that people who are invested in bitcoin are greatly informed about what bitcoin is, beyond number go up technology.

Quote from: ruykeri on Today at 04:36:57 PM

Quote from: Cossyblack on Today at 06:14:43 AM

[edited out]

I agree with you. Because investing in Bitcoin for less than 5 years is a short-term investment.

having a timeline in bitcoin that is 4 years or less is trading not investing.

Having a time line of 4-10 years is presumptively short term investing.. as long as the reasons of getting out might be age or health.. otherwise we might consider 4-10 years as trading too, especially if the person gets in to bitcoin and then sells all of his bitcoin rather than having a longer term plan.

We can quibble about these terms.. yet it might not be important... guys can do what they want, but sometimes they think they are investing when they are really trading .. like long term trading rather than short term trading.

Quote from: ruykeri on Today at 04:36:57 PM

Due to the high and low price, there is a higher chance of loss than profit in a short-term investment. Even if there is some people make profit in short time investment but it is much less compared to long-term profit. In the bull run of 2013, the price of Bitcoin was aprox $1100 and then it came down to $200. Those who sold in a short time lost money. But those who invested for more than 5 years at that time made many times more profit. A similar situation was seen during the bull run of 2017.

Usually if a guy started investing in bitcoin towards the top, he would have had ended up bring ing down his average cost per BTC a lot if he continued to buy for something like 5 years, or even if may be he bought for 3 years on a weekly basis with a combination of DCA and perhaps lump sum buying during times that he might come across extra money. He could also buy on dips, though it may not necessarily make much difference if he might be regularly buying... and just riding out the wave... so even a guy who came into bitcoin towards the top at $1,100, he may could have had an average cost per BTC around $400 to $600 by the time 2017 came. Similar a guy who might have had started buying bitcoin around $19k in 2017 might have had still ended up with an average cost of BTC that is around $7k to $8k by the time he gets through 2020.

Quote from: ruykeri on Today at 04:36:57 PM

And if we talk about the current time. In the 2022 bear market, the price was aprox $15,500. But in 2025, it has now reached an all time high. So, of course should invest in Bitcoin for a long time, for at least more than 4 years. The longer we can invest by following DCA from discretionary income, the more profit we can get. Now the trend of investing for a long time has now taken an institutional form. For example, MicroStrategy has so far HODLing 629,376 Bitcoins. And it is constantly buying Bitcoins. So there is no other option to invest in Bitcoin for a long time. And shitcoin is a fraudulent coin. It actually fools people and takes the money of the investors. In the pump and dump era, some people may gain, but most people lose everything. We should stay away from all kinds of fraudulent coins outside of Bitcoin.

It is difficult to project exactly into the future, but if we look at the 200-WMA, we will see that it is around $51.7k right now, so a guy who invested into bitcoin at a steady rate over 4 years would have an average cost per BTC that is right around the same as the 200-WMA. Of course the longer he is in, it is quite likely that the 200-WMA will continue to rise faster than his average cost per BTC.. .. and we can go back to some DCA calculators and verify that a guy who invested over the past 8 years would likely have an average cost per BTC that is below $14k. So time investing helps, but also attempting to be somewhat aggressive in the earlier years of investing likely helps somewhat too.