The Bitcoin market is one of the most stressful financial markets that you can invest in. If it isn’t the greed that gets you, then it will be your patience, or even worse, losing trust in yourself. Bitcoin is relentless and will chew you up if you let your guard down for even an instant.

With all of that said, there is a reason why investors put up with it. Bitcoin is arguably the last open frontier. An asset market where its true value potential has yet to be discovered. What this all means is that a once-in-a-lifetime opportunity is sitting right in front of you.

If you have been investing in Bitcoin for any length of time, you will likely have heard some of the now legendary stories. How many financial experts in this market believe that Bitcoin will eventually cause one of the largest transfers of wealth that the world has ever seen. A wealth transfer resulting in Bitcoiners becoming the haves, and those who don’t own any Bitcoin becoming the have-nots.

Where things become really interesting is that many of these “experts” believe this massive flow into Bitcoin is going to happen sooner rather than later.

If you were to believe those theories, you would think that becoming wealthy in Bitcoin is incredibly easy. That would also be very far off from the truth.

If you look around the world, it is easy to see that a large majority of people are currently going through difficult financial times. Burdened by debt, and finding it almost impossible to even make ends meet each month, let alone having the extra money to invest in a risky asset like Bitcoin.

They feel like the world has screwed them over, and the financial game is rigged against them. They never had a chance. However, after these people discover Bitcoin, and truly begin to understand it. That is when they begin to view BTC as maybe their only chance. Their last hope to escape their horrible situation. It becomes their lottery ticket with everything on the line. For better or worse, they invest far more than they can afford to lose in Bitcoin.

Their financial fate now is completely dependent on Bitcoin. One way or another, it will change their life. Either by finally giving them wealth to have hope for the future, or by completely dashing any hope.

This is where things become very difficult.

The reality is that Bitcoin is one of the most volatile financial assets that you can invest in. During bull markets, there will be incredible days where Bitcoin soars, causing your portfolio to rise by multiple yearly salaries in just a few hours. This is when you begin dreaming about buying a new house, or even start calculating numbers for how much money you would need to be able to retire early.

But, Bitcoin loves to be a contrarian as well. As soon as you let your guard down during the good days, that is when Bitcoin drops faster than you can imagine. Losing several years’ worth of salaries in an instant, and sinking into a hole of depression. If you have patience and a long enough time frame, these are all just natural Bitcoin movements that we have learned to accept. If you hold Bitcoin long enough, the price is constantly going up.

However, for those desperate people trying to change their lives as quickly as possible, these volatile moments are incredibly dangerous. Because they are often doing whatever they can to accumulate more Bitcoin and change their lives. This also means many people are trying to take on leverage to trade Bitcoin. Or perhaps they are even taking out loans to buy Bitcoin.

During these volatile price swings, it's those types of people who are often liquidated and end up losing everything. I can’t imagine anything more depressing than being right about Bitcoin, seeing its price eventually soar to $1 million, but you were too impatient and got liquidated.

Investing in Bitcoin is just like the story of the race between the rabbit and the tortoise. Most people think that the rabbit would have been the winner, but slow and steady actually wins the race with Bitcoin. The winning strategy is to dollar cost average, remain patient, and always maintain your conviction.

How about you? Have you ever been liquidated trying to accumulate more Bitcoin?

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