Bitcoin is not a 1, 4, or X year investment. Bitcoin is a lifetime+ investment.

I have read too many posts about the dip, about investing too aggressively, and about investing irresponsibly to stay silent.

Bitcoin is not a short term investment. Bitcoin is not a medium term investment. Bitcoin is a lifetime+ investment.

Crypto is an emerging market. It may have as monumental effects as the internet. But, the internet was not built in a day, and neither will be crypto. Indeed, even certain effects of the internet are yet to be realized.

Many people focus on the stock-to-flow model or the 4-year halvening cycle. These do not matter. Even this year, we've seen significantly different behaviour than predicted. Still, this is a drop in the ocean of finance. Bitcoin recently had significant price movement based only on a tweet from Elon Musk. This is not a robust, well-established market. Bitcoin (and all crypto) is still far from its true value.

It is painfully obvious that our grandchildren will use some cryptocurrency as their primary store of value and currency. We cannot say exactly which cryptocurrency that will be, but there's very good odds that it will be Bitcoin. It is far from obvious whether cryptocurrency will be of any value within any of our lifetimes. Do not invest money that you will need in one year. Do not invest money that you will want within 10 years. Do invest money that you intend for your children and grandchildren to inherit. Do invest money in a variety of established cryptocurrencies. Do invest the majority in Bitcoin, the largest existing cryptocurrency.

There are a number of shills and get-rich-quick schemes out there and it's easy to categorize Bitcoin as one. The fundamental reasons for investing in Bitcoin are sound, but extremely long term. Just because you're right today doesn't mean you'll be paid tomorrow. Actively work against hype - it clouds our core message and investment theses. For Bitcoin to succeed we not only need to build the best Cryptocurrency, but also a community which is not culty and overly optimistic, but rather conservative, rational, and welcoming. This is a rare case where your own actions and attitude can affect the value of your investment. Take care.

submitted by /u/Bobknows27
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