This is absurd, you can't just tale past charts from completely different industry, apply it to Bitcoin and make any sorts of conclusions. It's not even right to take past charts of Bitcoin and extrapolate it to the future saying that Bitcoin will be worth millions in 10 years, because eventually the rally will have to slow down and the price will stabilize, there's also always a tiny possibility that Bitcoin will fail, either completely or just crash to low levels and stay there. Many people are expecting crash now, because we had many crashes in the past after big gains, but it took a few years or even a just few months to break even, so if the history will actually repeat itself, it will be far less than 30 years to recover from investing in the wrong time.

You cannot compare that of the DOW market and that of the crypto market. They are not one in the same so lets stop apply this backwards logic to both industries please and thank you

Make sense. The bitcoin is art work of decentraslied blockchain where nothing is controlled by any one person or institution. Here everyone is contributing to the value of bitcoin, even your $100 can move the market by some tiny percentage and thats what defines the real value for it. So I don't think my investment will turn down and I will have to wait for the bitcoin to rise agin for next 30 years.

I mean the average time for the bitcoin to recover from the downturn is about two to three week, lolz so that makes sense why bitcoin is safer place to invest your money no matter what how many pas theories are proven here.

Yes I completely agree even the old laws or old system nothing works with crypto currency or bitcoin now everything changed we can’t even compare the old strategy wher no technology was exists now internet accessible everywhere . Don’t compare old laws with new revolution

The way your saying this means that even 30 years is less. No Matter what happens you'll regret one day thinking that you should have waited for some more time to spend btc when the prices will be much higher. That's not how it goes. BTC prices will keep on increasing and you can't just sit and calculate how much you would have saved if you would have used it few months later and stuff.

My god you don't understand inflation do you?

Taking inflation into account makes the payback time much longer.

Buying at - for example - 1000$ in 1929 and then getting 1000$ back in 1959 is still a de-facto loss due to inflation as the same 1000$ is worth less in 1959

and much much worse for the period 1966-1996 which includes the period in the 1970s of very high inflation

As long as you have trust bitcoin it can be a good long term coin and wait a couple of year is worth it.

Very bad analogy!

You compared very different industries with different times. "Hodling" for Bitcoiners can mean one or two years, it simply mean to not day trade or make too much activity on exchanges.

The cryptocurrency market is speculative. Pretty much everyone who dabbles in it is aware that it could boom or crash without warning. People like advocating HODLing, but I'm sure they still acknowledge that there is risk involved.

That being said, there have been plenty of price drops in the past, and I've usually never had to wait more than a month for the price to bounce back. If you're that worried, maybe you shouldn't be involved in cryptocurrencies. Time to sell, bud. If you even have any.