Bitcoin as the money of the future. x12 growth is realistic in 15 years.

The whole "only invest what you can afford to lose" idea is pretty misleading. Bitcoin acts as a shield against the centralized control of so-called fiat money. Just stick with dollar-cost averaging and hold tight. Eventually, you’ll realize that Bitcoin resists inflation and is way different from fiat currencies. Buying Bitcoin is a smart, simple way to set yourself up for the future and retirement. Now’s the time to start saving; Bitcoin could potentially rise twelvefold in the next 15 years. Don't bother saving fiat, since the government is basically gonna rip you off. They’re gonna devalue it for their own gain. Fiat might look stable, but it loses value over time, while Bitcoin is volatile in the short term but tends to appreciate in the long run. Just be smart about it and don’t fall into the government's fiat trap.

Saving in fiat does not mean that you have been scammed by the government, all these are personal financial decisions Nevertheless, when it comes to saving money, wether or not you should save in Bitcoin is depending on how long you want to save, if it is a short term saving like for an item (car, house rent etc) I will actually support saving in fiat, because it stable, but if you're saving is for a long term then yes you should definitely save in Bitcoin because the value increases with time.

That thread is about "Best way to hold bitcoin", not to buy bitcoin. And why did you need to create this thread, with no new information for discussion or educate anyone. Inflation and Deflation of Price and Money Supply [CHART] Bitcoin Inflation vs. Time How is the 21 Million Bitcoin Cap Defined and Enforced? The Declining Purchasing Power of the U.S. Dollar.

At first, you can afford to invest in Bitcoin and later decided to sell even when it is already at loss as the market may fall after you invested, this is why every investors must have the intention of holding and a separate fund stipulated for that. Also, what they mean in this content is not even maybe directly to Bitcoin in some cases because some investors consider altcoins and later end up losing. Any investor that knows what he is doing should be able to maximize every opportunity with bitcoin investment for his profitability, and one of the ways we can use to achieve this is by DCA strategy you just mentioned among others.

Fiat currency is indeed not the right choice for saving because its value continues to depreciate. And fiat currency has an unlimited supply because its quantity can keep increasing through money printing. If fiat currency were the right choice for saving then rich people wouldn’t need to bother investing in anything other than fiat. So I personally also disagree with saving in fiat currency. And I think it’s far better to save in Bitcoin, where it can be used to preserve wealth. On the other hand I believe too that Bitcoin serves as a hedge against inflation much like gold. But there are some notable differences between the two as Bitcoin is far more limited in supply than gold.

Yes, Bitcoin offers a strong structural hedge against fiat, but its volatility requires investors to exercise disciplined risk management. I think the thrust of your statement touches on two fundamental debates in the financial world, investment risk management and Bitcoin's role as a hedge. In my opinion, the reason why the saying only invest what you can afford to lose is considered a lie is that if investors only risk small amounts of money or what they can afford to lose on high-risk assets, they may miss out on potentially large profits. However, on the other hand, risking too little will not change your finances significantly, but risking too much can destroy your financial future. Although it functions as a hedge, Bitcoin is not a risk-free asset. Bitcoin could fall drastically from its highest peak. A market value drop like this would be psychologically disruptive for many investors. Although I don't expect this to happen, it is not impossible for this scenario to become a reality if something worst happens.

Every investment that people made today has the tendency of risk to lose or make profit, we should stop allowing people deceive us that once we invest we must make profit, because every investment come with it certain conditions that we must follow to be profitable about what we are investing, same applies to bitcoin network, we have to learn it and know more about it before we can be productive with our investment strategy, hence we can't invest without being knowledgeable about bitcoin investment.

Bitcoin being the future money s not just about technology itself, it about a change in the mindset of persons on how to store value. Fiat currency reduces value over time, as a result of fiscal policy regulations, as actions like printing more currency alone can cause devaluation, not to mention the vulnerability to inflationary trends, but with Bitcoin, because there would ever be 21 million BTC, it is popularly referred to as digital gold. Of course savings in Fiat can bring an illusion of stability in the short term but in the long run devaluation will creep in, but Bitcoin volatility may threaten in the short term, but in the long run it's scarcity can increase value. In conclusion, don't save in something that can be created endlessly!

I think the realization has been there for a lot of us to see that Fiat is another way of the government reducing your purchasing powers, because there is a far cry across the globe on how goods are becoming expensive and how purchasing powers are dropping, even when minimum wage is increased people still find it difficult to have financial freedom. It tells us one thing, that the government knows what they are doing, but then bitcoin surpasses all of these incumbrances, and gives a pathway for financial freedom which I believe most of us have been telling people around us for a long time coming.

Did you check the user that posted the topic? If you read what is in the thread, you will understand the buy that I am talking about. This thread is not to argue but it is about how people can still make money from bitcoin if they hodl. The last two links you included are not threads on this forum. You asked the reason I posted this topic. The reason is because I noticed bitcoin still has potential to grow higher within 15 years. Give the vibe instead of attacking. We need this thread.

Good point. Many investors forget that knowledge is key, whether it's traditional stocks or cryptocurrencies like Bitcoin. Knowing the ins and outs of how things work helps mitigate risks. Plus, diversification can also play a role in managing overall risk exposure

That statement invest what you can afford to lose is simply telling you to use only your discretionary income to invest in Bitcoin and they are very correct you are not expected to use money for your basic needs to invest in Bitcoin whether you are a trader or you are a long-term, as bitcoin investor you are expected to use only your discretionary income which is also money that you can afford to lose to invest, I know some people we say that their discretionary income is huge and they cannot afford to lose it and for that reason it is not money they can afford to lose that they are using to invest in Bitcoin it is also true but the fact is the money shouldn't be a you need immediately it should be money you won't be needing for long time if you are long term investors then for trades it should be money you can afford to lose.

The government don't scam, they only deprive you of your financial privileges. They don't want you out of their control, they want to keep you in check. Your money is their money, their money is not yours. Lol a ladies ideology plays too in the governments system. With Bitcoin we can eliminate that bridge. You and your keys = freedom. No government, no central authority. Ideally people are supposed to avoid all form of kyc that puts them straight under the nose of the government. But they don't seems to care about that now a days.

You are contradicting yourself. I wanted to correct you but you later posted what discretionary income is, this is absolutely different from the money that you can afford to lose. All the money that you still have after you have spend money needed on basic needs are discretionary income and almost everyone can not afford to lose it unless they are not planning for their future. Very good instances that I noticed people say people use the amount they can afford to lose is when they are taking about either gambling or trading.

If you have the means to invest, I wouldn't dismiss traditional banking altogether. I would simply choose to diversify your investments: some in Bitcoin, some in other businesses that rely on traditional banking, but never all in the bank. Money works better when it's moving than when it's stuck in a bank. Yes, all investments carry risks, which is why diversification provides extra protection in case one of your investments doesn't perform as expected. I like Bitcoin, but I don't like it when it's promoted in an unrealistic way. You can never be certain what will happen in the future; future economic events could change everything. I would rephrase that statement as an opinion based on what you believe, so you don't overlook the real risks.

I think it's already time for us to stop selling dreams to those who are new in all this so that they can become long-term supporters and investors instead of getting disheartened and leave after one cycle or so. When we talk about Bitcoin multiplying its value over time, we should use the word "potentially", which means that it has the potential to reach a specific value in the distant future, but nothing is really guaranteed. You can't say that Bitcoin will do 15x or 10x within a decade or one and a half decades, because you don't know anything about the future, so you should say that it has great potential, which is why we should invest in it for the long run. Those of us who are investing in Bitcoin in the current times should understand one thing, we are surely going to get good profits if we stay strong and keep holding without panicking, but we shouldn't expect richness from a single investment alone. You can't expect to become a millionaire after a decade if you are investing a few hundred dollars every month in Bitcoin, because Bitcoin will have to have a value in millions for that to happen, and it won't be realistic to have that high expectations.

I understand your enthusiastic thoughts about long term holding. But investing what we can afford to lose isn't a lie. It's an actual reminder for those who invest in Bitcoin and forgetting their other financial obligations. I am not against to what you've said and we're encouraging people to continue holding and add more if they can. While there's us who encourage everyone to do the same thing of holding but, some can't afford to do that when they have a different and harder situation than us.

I like your input because it hits on why a good expectation in form of wealth results on an investment in Bitcoin, needs quality investment effort, not just a small effort, but a big committed effort, both from how you purchase it, how much you purchase, to how you keep it, to how you invest in it with a consistent plan, to how you liquidate or diversify it to fit your scope. Volatilities surely has a lot to do with the returns on Bitcoin investment and its seasons, and I can say that we can't predict the future but we can definitely have a good return if we hold Bitcoin for up to a decade with a steady and consistent DCA or lump sum strategy. There's also the ETF that's for large pocket holders and there's the part where setting up and running your own Bitcoin mining farm and node to mine Bitcoins too can make you reasonable wealth in due time.

The price today is $81,000 so x12 would put the price just under $1,000,000. It’s possible but I think we’re maybe looking at 20 years for that. I would he delighted with $600,000 in 12 years to be honest.

Anything is possible when it comes to BTC, but saying that the golden rule of investing only what you are willing to lose is false is nonsensical and makes zero sense op. BTC ain't some magic bullet and you are speculating wildly to be frank with you. x12 would take it into a million dollar territory which is preposterous to even think about even though it is technically possible. Stay grounded op.