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Author Topic: Quit the doubt, it's not too late for Bitcoin investment.  (Read 498 times)
MeGold666
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June 27, 2024, 11:00:23 AM
Last edit: June 27, 2024, 11:10:33 AM by MeGold666
 #81



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June 27, 2024, 02:45:14 PM
 #82

Those people who think you're late investing in Bitcoin are those who are afraid to lose money. Investing always has a risk but if you believe in Bitcoin and if you can control your emotions then profitability will only come every 4 years, people who know more about Bitcoin already know the cycle every 4 years it is proven to always reach the new ATH.
Newbies or people who do not have much knowledge about Bitcoin are people who will always lose in the end because fear will consume them and lead to selling all their holdings.
Their is no late time to invest in bitcoin but fear allows some people to feel that their is only a time when it is good to buy bitcoin to hodl. For those who truly understands bitcoin it is always good to buy bitcoin whenever one can afford it, waiting for the price to get to the amount which is okay with one can be a waste of time. Buying now is a good opportunity that may take a longer time for one  to come across it again.

But I don't really blame those who think it is always late to invest in bitcoin because they do not have the real understanding to know that everything is an opportunity to buy bitcoin to invest.
Whether it’s late or not, that won’t matter at all if you don’t take action right now. Of course, fear will always be there, but if you want something to achieve in your life, control your fears and let yourself become highly motivated. Bitcoin will always be risky for those who have no real understanding and no real experience investing in bitcoin, but always know that risks could somehow be lessen or avoided if you take calculated risks, although risks will never be completely eliminated at all.

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June 27, 2024, 04:29:27 PM
 #83

Doubt is the mother of all fuck ups.

Never doubt. Better be sorry for doing it than not doing it. Gold has a history of multiple thousand years as money. Bitcoin has been around a little more than a decade. That means we are still the early adopters. Imagine the price of a bitcoin 10 years from now… It will be around a million usd probably. I don’t know about you but $1m is something people can retire on.

Think for the long term and you’ll be fine. If you get caught in the short term price actions you won’t achieve anything. People who made the most money from bitcoin did nothing but hodling. This is the way.
I have the same opinion with you, some people doubt and scare when investing in bitcoin regarding price increasing up or too expensive right now. I don't know how come some people keep less trust with bitcoin have been existing more than ten years and worry will one day later bitcoin worthless or get decreasing the values become zero?

how bullshit the doubtness from some one when investing in bitcoin but their dreaming too high with small capital but try to earn much profitable, many people much money from bitcoin as long term holding or some of them take moment with short term by taking profit few percent. Seems enough proof with how many people become rich and success after long term holding in bitcoin and there are not doubt yet hold or investing our money in bitcoin.

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June 27, 2024, 06:30:53 PM
 #84

It is only those who are new to bitcoin that will still doubt bitcoin to this point when it is obvious that bitcoin will always bounce back no matter how low it goes. The last bear market actually tested the faith of many people but in the end, bitcoin bounced back stronger and better and that should show that bitcoin has come to stay. Even though jumped into the market at the peak of 2021 bull run were in good profit this year when bitcoin reached $73k, so it is just a matter of holding and never to panic and sell.

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uswa56
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June 27, 2024, 10:09:36 PM
 #85

It is only those who are new to bitcoin that will still doubt bitcoin to this point when it is obvious that bitcoin will always bounce back no matter how low it goes. The last bear market actually tested the faith of many people but in the end, bitcoin bounced back stronger and better and that should show that bitcoin has come to stay. Even though jumped into the market at the peak of 2021 bull run were in good profit this year when bitcoin reached $73k, so it is just a matter of holding and never to panic and sell.
You are right that when someone is new to Bitcoin and does not have a good understanding of course this will make them unable to invest in Bitcoin and also they will be hesitant to hold on to their Bitcoin when the price declines after they buy it, but if they understand it well they will This investment will certainly not be easily affected by low prices and if they have sufficient funds, they will of course try to take advantage of the opportunity when prices are decreasing to be able to buy as much as they can and hold on until prices increase again and this will benefit them.

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June 28, 2024, 02:58:47 PM
 #86

If someone intends to invest in 1 bitcoin now, then it is quite risky, but when the price reaches $100k, it will make the investor very happy. However, if you are hesitant about investing a large amount at once, then someone can use the DCA method, or buy it little by little but consistently.
Many people are hesitant to buy bitcoin because they are afraid of the volatile prices that occur. yeah, I feel that way. However, if one is confident about the future development of bitcoin prices, I think doing the DCA method is the best.
If he believes in the asset and buys 1 Bitcoin at the current price, I think that's fine, and he should also hold it for a long period of time if he wants to get optimal results, for example in the future. 10 years if you want maximum or tempting results.

Indeed, with the dca technique we will get the average price of our investment, but this lump sum technique is sometimes quite profitable by buying all at once at the current price. This comparison of the lump sum technique is much better for us to get the best price for our investment, compared to the dca technique which of course has a much higher average price compared to the lump sum technique.

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June 28, 2024, 05:10:07 PM
 #87

I would be wealthier than I am now if I had started with Bitcoin early. But folks, Bitcoin's like a rocket ship thats still taking off. As any wise investment, it had its ups and downs. It continues, yet, to set new highs and records. That is no accident.

Think again if you're sitting on the sidelines and believing you missed the boat. Bitcoin is still a winner. But dont jump in blindfolded. Educate yourself. Do your homework. Recognize the potential as well as the risks. Its about more than just money. It has to do with trusting in the future, which, I promise you, is digital.

Bitcoin is more than just an investment. Its a mindset. Its about seizing charge of your own future and finances. Fear should thus not stop you. Get involved. It may amaze you what you are capable of.

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