I have often said that when you know the price history of Bitcoin you'll understand Bitcoin better and that would help you are a holder of Bitcoin, especially a long-term holder. I even made a top about it.
studying bitcoins price history will help you see that there is nothing that is happening to bitcoin today that hasn't happened before. It may not be exactly as it happened before, but it usually follows the same pattern. Price history will help you understand the events that led to a dip or a bull, it will also help you understand why certain news and rumours affect bitcoin.

I remember when the phrase "Bitcoin is dead" was flying up and down after the FTX saga. A lot of people even believed Bitcoin would never rise this high again, certainly not in such a short time. As someone who was not into bitcoin at that time to witness such, what you need is the price history of bitcoin so you can have an understanding of what bitcoin has been through and it's still here today bigger and better. Finally, it will help you understand that Bitcoin will still go through similar paths. It may be worse, it may not be that bad, but brace up.

Yup, knew people who quit in 2020. Seemed inexplicable to me, seeing as they'd held in the previous cycles and while I never lived through them, I felt they were far more devastating, given how young markets were.

Can't imagine anyone letting go since the 16k low though, Bitcoin's hardly threatened 30% from ATH, let alone those years of -85% floors.

If you are panicking then it means you have invested more than you can afford to lose  

Price history doesn't mean S**T, it can go to 100k USD and it can go to 10k USD then sit there for 10-15 years  

If you look at the chart upside down, you can see it has tendency to stay low much longer than up  Far from being a Gold

If you're not already a millionaire, you won't become one from buying and holding Bitcoin at today prices.
You had your opportunity when the price was sub 1k.

This is a response to all the "It's still early" bullshit, No it's not, it's very late, too late.
People in this space often pretend to be investors but don't know any better and just FOMO into old asset that is already overvalued and hope it will make another 10x or even more.

You can easily make more money outside cryptocurrency space, Bitcoin had it's time and it was great.
As time goes on, there will be less people willing to buy it because volatility is increasing and possibility of doing even 2x is shrinking.
So what you call "latecomers" are more likely "nevercomers", you can as well buy facebook stocks without all the drama or some other old stock.

Bitcoin is very old in tech world and there are better options today, you just bought BS that all the people in the world will want Bitcoin someday - no they won't, they don't even want it today even if given for free.
As an example, In El Salvador people sold BTC they were given by gov to USD right away ($30 worth of BTC).  
Most people don't want to hold, most people want to use it as money and Bitcoin is far from being usable money and it never will be money.

But hey, that's your money and your choice only (or your influencers choice haha).
There are plenty of echo-chambers for Bitcoin holders/buyers, like youtube video you have linked to keep your analytical mind off and keep it dreaming.
The biggest echo-chamber of them all isr/Bitcoin, it's so detached from reality it's funny, this people live in a religious cult - it has nothing to do with investing

I doubt Bitcoin will ever get to 100k, I think it's already struggling to stay where it is.

I have made a lot of money in the past 20 years from investing, mainly in tech companies so I think I can speak about investments  

If somebody is panicked about Bitcoin drops then they probably have way too much Money in it and next time they should think their Investments more thoroughly.  I understand why some people panic logically but on the other hand this is Money you should be ready to lose at any time.  Particularly considering Bitcoin is STILL a new Asset that may or may not have a future in the following decades.  It is after all an experiment.

Also.  Just because the Charts looked similar from 2010 to 2021 it does not mean the same thing happens in the following years.  While it is great to hope, try to be realistic with your expectations and about the possibilities of things happening.  You simply never know what happens next.  Hell.  We may reach the brink of a huge War in the next few years, which would render all the previous Charts useless.

You are wrong, Bitcoin was more stable before institutional money came, it was most stable when it was actually used for payments.
Bitcoin volatility today is crazy, 50-70% pumps and dumps are a normal thing and it will only get worse.
Most on chain action is from trading bots and ordinals spam, it's usage as money has been dropping for a long time and LN usage has been dropping as well.

People see only the bright side when blinded by the dreams or pure greed. But it can as well go to $10k (and even less).

It may be new to you but it is old for everyone else.
It's a technological asset, they mature a lot faster and I would say it is very old in tech world and so financial opportunity is small.

The difference between investor and gambler is that investor has it's rules, gambler has it's prayers.
All I see in this post are prayers.

I wish you all that Bitcoin pumps to $1 million USD but for me wishes are not good enough to stand on.
I need solid ground for investing and seeing as Bitcoin is losing it's utility as payment processor to other projects I just don't see it as a good investment anymore.
Chart patterns are not enough to convince me into investing, I need solid proof that this technology is better than the competition or otherwise I just invest in the competition.

You may have other views on investing but it has been working for me for a very long time and I am happy with my results.
I don't put money where my heart is, I put money where the future is and it's not Bitcoin.

People who want it to go down that low just to buy more don't know how catastrophic it would be for maintaining security by the miners.
If it got that low, mining industry would never recover and Bitcoin security would crash.

We all know this people care only about FIAT gains, if Bitcoin was acting like a stable coin and maybe even increasing in value just enough to counter FIAT inflation, this people would never bought it.
It's just a casino for them.

You can see how insane they are when looking at posts like "I am happy, opportunity to buy more!" when price crashes by 30%.
It's not a rational mind of an investor, this are gambling fools that don't know any better.

They want to go back in time and buy Bitcoin for cheap because they don't know how to discover new opportunities, it's pathetic to say the least.
But that's because they never had a mind of an investor, just adult kids crying about lost opportunity and wishing it will repeat for them on the same asset.
By doing so they are missing new opportunities but they are too blind to see it.

This same people who praise Bitcoin today will call it a scam in future when their goal of becoming a crypto millionaire fails.
Their knowledge mainly comes from youtube and social influencers...

Madness. Pure MADNESS.

But that's why ratio of wealthy people vs average people is what it is, follow the crowd and find out that masses are never right as they are all blinded by money dreams instead of doing actual research.
Or they go into one of the many echo-chambers and call it a research.

Anyway, you do you, I keep doing what I've been doing and everything is in place 

I admire OP for sharing this kind of motivation, Bitcoin OGs that are still here are proof of how the Bitcoin market is a roller-coaster.
That's why, the best advice is "ZOOM OUT".
Bitcoin is not about based on the price from 1 week, 1 month, 1 year or more. Because the fact that Bitcoin is still here for many years already is the only proof that we must not panic at all.

God: Hold my beer, this one is begging me to turn the market around and provide him with extra profit that he will spend on drugs and alcohol. I have to help.
If anyone enters the market with a prayer book, then it is better to change his occupation. After all, is there an official instruction on which prayers are acceptable and in which specific language?

Yeah, this will make some newbies understand more about Bitcoin and also stop them from panicking about Bitcoin when they invest in it, bitcoin is not that easy to invest but as an investor, you have to trust whatever you are doing and believe in it most especially with things that you have seen many people have done it and they have enjoyed the outcome of it, before investing in bitcoin or engaging in crypto you have to understand that the nature of anything that concern cryptocurrency so that if you find yourself in any situation or the market price is going down you will know that is the nature of it and it will surely rise again, what I’m saying is that before you jump into investing in bitcoin you have to understand it and you don’t need to panic when things are not going well, although anything that concern money is not funny when it comes to the investment we should try to understand it.