With the little knowledge I have about Bitcoin, I don't think just by holding your Bitcoin for years will guarantee that a person will be safe. Holding Bitcoin for a long time can just improve the chances, but I don't think holding alone will eliminate the risks involved or guarantee you success. I believe that there are still other factors involved to have a successful investment.

Security is also an important factor, holding your coins for years will not save you, if you eventually lose access to your wallet or even misplace you keys that simply mean you've lose all your bitcoin too. So in as much as holding for years has benefited a lot investors, I don't really believe that success is guarantee, you will still have to be patient, invest only from your discretionary income, have realistic expectation and protect your seed phrase.

if you understand Bitcoin it will become an asset for you, but if you don't have the basic knowledge of Bitcoin it is when you become disappointed for investing in Bitcoin, why people get disappointed for investing in Bitcoin it is because they don't have patient for holding bitcoin for long time and they are looking for an instant profit from Bitcoin that is why most of them regret of their action after selling Bitcoin on panic, most of the long-term holding of Bitcoin are the one that benefit from bitcoin investment because of increases that happen in Bitcoin price

people who compare the low prices of Bitcoin and using as a reference to bring bitcoin and those people does not have a passion in Bitcoin, for me I will say there are against the existence of Bitcoin, because bitcoin has hit so many high prices which many people to have interest in Bitcoin and I believe that in future people who are invested in Bitcoin now will they also make a hug profit that will make many people to be investing in Bitcoin more

do you know that nobody is begging anyone to come and invest in Bitcoin because bitcoin has become popular to test them that everyone have not Bitcoin and the value also, so anyone who is investing in Bitcoin maybe has been informed to through the brothers and sisters or person notice the distance of Bitcoin through internet, but as it is now bitcoin are no longer hidden it is something that everyone know and also interested to invest, anyone who is researching on Bitcoin before it will invest it is doing that out of Fear

The early we changed our mentality it will be better for us, holding Bitcoin for long term may be good, but does it guarantee success? I created this thread a few days ago, this is a story of man who lost his two Bitcoin investment to hackers after 8 years of sacrifice and effort spent stacking it.

Holding bitcoin may be less risky than trading Bitcoin and other cryptocurrencies, but long term holders can still loose their Bitcoin investment to hackers, online scammers or poor security practices.

I prefer to say that this can be to minimize the risk to be a little smaller than saying it will not face the risk because in this case holding the long term does not mean we have a guarantee of profit but on the side when we are in the long term at least the opportunity to profit is likely to occur.

We must be aware that bitcoin fluctuates and if they say they will not face the risk then it is likely that they will be disappointed with the current conditions where the current price is almost the same as what they feel in 2024 even though they have held bitcoin for 2 years.  So the focus is not not to face the risk of loss but with the long term that we set at least there is a greater chance to minimize the risk due to possible price growth can occur.

This is something many people do not put into consideration when they want to invest into Bitcoin as they think the price only moves in one direction and does not fall but it is after they enter the market then they begin to understand how the market works. It is not only about buying Bitcoin then hold but you also have to be able to time the market well so that you do not sell when we are in the bear market that the price will be falling but instead you sell in the bull market when everything is pumping.

Know when we are going to be at the top of the markets and that can be identified by looking at how hype everyone is as that is when the market begin to start falling, buying Bitcoin and holding will make you profits when you plan to hold for decade but not when you want to buy and sell in few months time.

Always depends on the actions you have done. Since there are many things need to consider, because it does not stop only on buying Bitcoin then hold it for long term.

There are other factor which is good to consider like to know which wallet you should store your accumulated funds and other things that can make your balance safe.

Lots of people got victimize by latest exploit happening in Coldcard and I've read so many unfortunate statement that their many years of HODLing wasted because of this incident happen to them.

So that case indicate that its not all about buying Bitcoin, but rather people should pay close attention on the wallet security also on where they buy the hardware wallets that they are using.

Investment risk isnt limited to market volatility. We also have to deal with other risks such as hacks, scam, security flaws or even natural disaster.

However, if we are only talking about price risk and set aside risks that are unrelated to Bitcoin's market performance, such as hacks, poor security...there is nothing wrong with saying that the risk of losing money from holding Bitcoin over the long term is very low. Because Bitcoin has proven itself to be an asset that has consistently recovered and continued to grow over time.

I'm not a professional trader, but for instance, if people who don't panic sell had been holding and not panicking they have been better off than people who were panicking over every dip, and it's a truism that the longer they held on to it and made no attempt to sell it, the more they got out of it.

Read this ig post and that got me thinking: https://www.instagram.com/p/DbV2zsmILfm/?igsh=eTVpdTMxdGdtajc4 — I don't agree with everything but it got me thinking more.

There have been some bumpy years from 2021-2024 (but the top year, 2022, was brutal), and it's the price of a young and volatile asset, no upside without the downside.

It can fall hard, but it's "safe" as far as I'm concerned, it's said to be "guaranteed safe" until it falls hard.

If you feel investing is confusing, bitcoin is a good place to begin to learn — just do your own research, understand the risk, and invest only what you can handle.

Just my opinion, don't tell anyone to all.

You will only stand safe when you hold your bitcoin for a long time on a non-costodia wallet, it does not also end on this alone, you have to know which wallet are you using that has the security safety that is needed, don't make use of a vulnerable non-custodial wallet and think that all is well already, don't also expose any of your wallet information in public or to a third party, all this safety measures are expected to be inconsideration before we could assume for safety while on the use of a non-custodial wallet.