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Author Topic: A practical way to stop procrastinating and start your investment journey.  (Read 250 times)
Rockstarguy
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January 23, 2024, 06:01:19 PM
Merited by _act_ (2), fillippone (1), Alphakilo (1)
 #21

I've seen a lot of folks that have been into crypto far earlier than me and a majority of them never took action into buying bitcoin for shit reasons, you would hear some say that they are waiting for bitcoin price to fall a little, some never believe in bitcoin, but a majority of them had one thing in common was waiting for a perfect time to buy bitcoin which never came.
In the bear market if someone is still waiting for the price of bitcoin to fall to buy bitcoin I bet you that the person will keep waiting and end up not buying bitcoin. Their is no perfect time to buy bitcoin in the bear market,  at any time bitcoin can be bought and it will still be profitable if it is held for a longtime. Since bitcoin is unpredicted no need to wait for the dip, if at all the dip occur let it be an opportunity to buy more. Waiting to buy bitcoin when it is dip is not the best way to start bitcoin investment.
Quote
Procrastination is the worst habit any person can have and this can make you lose a lot of opportunities in life, speaking for myself, I always wanted to start my investment journey into bitcoin last year and I was busy giving myself all the excuse as to why the next time would be the best time, at the end of the year I only ended up buying 10$ worth of btc and in the late quarters of the year. Procrastination is not good and every person must try hard to purge it out of your mind. There are some few steps I took that helped me stop this bad habit of mine and I'll give you guys a hint on it.
Procrastinating is something that have to do with time and if one Procrastinate that means one have wasted time that would have been used to gain something valuable,  which we know time wasted can't be obtained back. Procrastination is a set back that is not encourage for investment , in bitcoin investment I see procrastination to be an act that will end up with short term profit, if all one later consider to take action to invest.

R


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January 25, 2024, 02:16:55 PM
 #22

Procrastinating could cause us so many mistakes and misfortunes if we keep procrastinating without a better move to end it.
As we are longing to make.money for ourselves, we also need to stop procrastinating for us to keep growing and make a better investment for ourselves. One of the ways is to keep our agenda in a record so we can always bounce to it for clarity helping us to get back to track anytime we are far asleep.









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Mars,           
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January 28, 2024, 12:47:17 PM
 #23

IMHO somehow these "procrastinations" in your dictionary to postpone to buy some bitcoin relate not only to cognition (thoughts) but also affective (emotions) that affect the behavior later on. So, first, the individual should know what Bitcoin is, the technology behind it, why it is important for them, and why they need to invest in it to gather the initial knowledge that later on will influence their affective part, where they feel that investing in Bitcoin is necessary and gives them positive emotion, they believe the Bitcoin supremacy. When they know and feel that investing in Bitcoin is a good decision to make, then there won't be more procrastination because they have internal motivation to invest. Other people can't make us do things unless we ourselves do.

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