This type of stuff is the thing that makes it so entertaining to own bitcoin, because we know that it is going to do fine and we have lived this and we know that it will do the same again. I know that there are a lot of people who are new to this market and that's why they do not know what's going to happen, but that doesn't mean that we are going to keep dropping, as we can see here that it is going to have ups and downs, and when there are downs, ups are on their way as we can see here.

Just this week, in the last few days, we have seen a big drop but then we have seen a big recovery as well, all within the same week and yet people still doubted it, which is questionable if you have been around for a while, you shouldn't feel that way at all. I have been here for a long time so I knew that this would be nothing at all and I ended up doing fine, because I knew that it would go back up and that's why I was holding it and did not sell.

Many people who have been here for a long time did the same thing, in fact most of them even bought more because they knew that it would recover, and I think it is going to be easy to see both of those things being possible, as long as you have money you buy, if you don't then you hold.

That's true, we must know our history to not repeat erros of the past (sell during dips)

The question is,
Why should anyone do that for you? Why would anyone go the length of signing a document just to prompt you to invest while they’ve got no gains from the investment and could be at the risk should it come to a loss, which would be largely due some  poor management from you!
It’s okay, at least at your level to not invest or believe that Bitcoin does dump and pump.

It doesn’t make sense trying to dispute or not make meaning out of what is right before you. Bitcoin has been and still is a very volatile currency, from even your own observation, price haven’t dumped and stayed that way. It always pumps as at time due.

That’s the rise being talked about, you hold until it happens but, in Bitcoin for sure.

If we had this discussion 10 years ago, you probably would have written that the price of Bitcoin will never reach $10 000, and 5 years ago that it will never reach $50 000 - that means that only the numbers change, and the opinions of people like you remain the same - do you have a picture of Warren Buffett above your bed?


When did you start trading, in the nursery? I ask because you obviously still consider yourself a "boy" (because of your name), and if what you say is true, then you are at least 40 or more years old, so I am surprised that someone with "20 years of experience" thinks that Bitcoin has reached its full potential (in terms of price). Obviously, those characters who manage companies with trillions of dollars have no idea what they are doing - maybe you should look for a job at BlackRock or try to save Saylor and his company from failure?

There is no point in waiting 10 years to prove something - I will link you when the price reaches $100k, and that will probably be much sooner than you think.


Regardless of the way you interpret it, it is quite clear to me what you think about it. You completely ignore the success that Bitcoin achieved from 0 - $70k+ in some 15 years, and at the same time, without any logic, you think that this is the maximum that it will ever achieve.


I do not advise anyone to invest in anything, not even Bitcoin, but I will always advise people to choose Bitcoin among all available altcoins - after all, we are on a Bitcoin forum and there is nothing strange that people give such advice. Calling people idiots because of that is a bit idiotic - I was called that by some people when I advised them to invest $200 and buy 1 BTC some ten years ago - today they feel a bit like idiots, but at the end of the day everyone decides for themselves.

With bigger market cap, it's harder to grow with same ROI like past cycles and we will see smaller ROI with future cycles but if price can maintain at high price area and continue to grow more with time, Bitcoin will be a good asset for investment.

People who believe in callings like Bitcoin will make 10x price growth in 2024 cycle or 2028 cycle, are lack of basic knowledge about finance and financial market. If they believe in such calling, they will lose money by buying at top and wait for higher highs that will not happen in a current cycle, then they stuck in a bear market and will have to make hard choice, exit with loss or hold with less confidence.

The biggest reason why newbies panic is because their chart is zoomed into daily, hourly, or even 5 minute. Every time they see a cascade of red candles, their mind immediately tells them to panic sell. Why? because the candles are big. That is the whole reason.

They need to zoom out and stop flip flopping on what is supposed to be a long term investment.

This must have happened to some people who were not confident in cryptocurrencies. If you want to invest in the current time, you must follow the DCA method and it will be long-term and the purchase price of Bitcoin will be controlled. In the current bullish Bitcoin market, many people are not brave enough to invest in Bitcoin. This was also the case in the past. 

Because the Bitcoin market has been booming since its inception, so if any investor is participating in Bitcoin, he must follow the DCA method to ensure long-term investment, which is possible to survive in the present time and hold on to Bitcoin.

So far volatility has been only increasing... and if looking into past was like looking into the future then everyone would be a millionaire.  

Bitcoin is not digital gold, it's just a software, a piece of code - outdated on top of that.
If it was updated according to demand then it would be worth more but today it's just an outdated transaction processor that has more problems than it's worth.