Avoid Procrastination, Buy Bitcoin And Prepare For The Next Halving.

[Youngkhngdiddy]

 Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.

 I've had conversations with several individuals and I found out that most them are fully aware of the benefits of cryptocurrency at large but are still having doubts or would I rather say the fear of the unknown due to the unstable price of bitcoin, they focus more on the negative side or losing or fear of losing out completely other than the benefits of investing in bitcoin, there are others who are willing to take a bold step but have little knowledge or need guidance from crypto enthusiasts, i have an information for these set of people because knowledge they say is power and constant education and information would enable people to fast track the adoption of bitcoin and enjoy it's benefits.
 
 In the crypto ecosystem there's something called the crypto solar eclipse also known as the bitcoin halving.
 Bitcoin Halving- The bitcoin halving is a period when the price of bitcoin goes high, due to it's scarcity because of the drastical removal of bitcoin in a block. And it happens every four years circle and many people are not aware of this ongoing in the crypto space, the previous halving was in (2020) and the next halving is forthcoming  so now is the best time to purchase and hodl btc because it could go beyond the price it attained in the last halving which was about $60k and In my opinion I think it might go beyond $100k. https://www.investopedia.com/bitcoin-halving-4843769

 This forthcoming halving is very important very important because at this period the price of bitcoin affects most other cryptocurrencies in the market, so now is the best and perfect time to buy and hodl cryptocurrencies especially bitcoin and make profits when it becomes more scarce thereby making it's value to go High.
 You can share your ideas and opinions if you know more about the bitcoin halving and for the procrastinators, it's better late than never.

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[hd49728]

Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.

Procrastination can be because of your hesitation, uncertainty or it can be your lack of investment budget.

If you don't have investment budget, you only can work and in the meantime, have to procrastinate your investment.
Don't be hurry and borrow money to invest because you don't want to procrastinate.

If you have investment budget but hesitate to do it several months before a halving, you must look at history of bitcoin and its price after past halvings.

[DeathAngel]

Seems like good, sound advice to me OP. The best time to buy bitcoin was years ago but the next best time is now. You can take custody of your own money & be your own bank. Inflation is killing our fiat savings so it’s certainly a great idea to diversify into inflation killer bitcoin. You have plenty of time to buy before prices start to rapidly rise after the halving.

[Z390]

It's inside all of us, I sometimes hesitate to take action when I have a feeling that a certain project will do very well, the reason why I hesitate is still unknown to me and after I start regretting my actions, I am a Bitcoin investor and I am also an altcoin investor, I only hesitate with altcoin investment but not Bitcoin and even with the altcoin investment, I always make the right decisions sometimes and other times I the wrong ones too.

Also many people don't even understand why the halving period is very important, they don't know why it's important to accumulate Bitcoin before the halving takes place and we can't blame them, it takes time to understand how the Bitcoin cycle works.

[CODE200]

Good advice, too bad I'm struggling to pay bills, insurance and finance for my sibling's college fund and I don't have any savings yet so I guess I'll have to watch the market go up again and think of the what ifs, who knows though, I might be able to slip in some money so I am not missing out entirely. Not everyone can afford to buy bitcoin to hodl and wait for halving, they just don't have the patience and situation for it, maybe it works for some but it's arrogant to command everyone to do what you want just because the action is proven effective.

[nelson4lov]

Good advice, too bad I'm struggling to pay bills, insurance and finance for my sibling's college fund and I don't have any savings yet so I guess I'll have to watch the market go up again and think of the what ifs, who knows though, I might be able to slip in some money so I am not missing out entirely. Not everyone can afford to buy bitcoin to hodl and wait for halving, they just don't have the patience and situation for it, maybe it works for some but it's arrogant to command everyone to do what you want just because the action is proven effective.

This is understandable. You're on the right track so keep doing what you do. OP should have added a disclaimer that explicitly stating this. There's difference between having the financial capacity to acquire Bitcoin but fail to do so and not havinf the financial capacity but really want to do so? I saw bitcoin at the $500 prices (per bitcoin) but I was unable to buy anyone simply because I didn't have money at that time and I was just on verge of finishing high school so I had no way to get investment budget. Tragic but it happens.

[Faisal2202]

Thank god you mentioned the meaning of procrastination because after reading the title only I am going to translate it into my own language but hopefully you already added the meaning. Well, a new word was added to the dictionary. And I also came to know that I am a procrastinator.

Because I am also afraid to invest in BTC even though I am fully aware of the halving and how things work. But it is because I have this mentality that stops me to convert my fiat into BTC. Well, another reason is I also do not have that much money.

The point is, knowledge and money are two important things you need to start making money in BTC. But even if you have some skills you could make money like me.

[lovesmayfamilis]

Thank god you mentioned the meaning of procrastination because after reading the title only I am going to translate it into my own language but hopefully you already added the meaning. Well, a new word was added to the dictionary. And I also came to know that I am a procrastinator.

Because I am also afraid to invest in BTC even though I am fully aware of the halving and how things work. But it is because I have this mentality that stops me to convert my fiat into BTC. Well, another reason is I also do not have that much money.

The point is, knowledge and money are two important things you need to start making money in BTC. But even if you have some skills you could make money like me.

Those who think for a long time, waiting for the best price, will remain in thought. At the same time, some are too hasty, and one news story about a profitable business is enough for them to dive into investments without checking whether they are ready for them. There is always a need for a golden mean, where the heart and mind speak in time, increasing investments, understanding all the risks, and at the same time ensuring the accumulation of knowledge about how much and where you invest.

[SOKO-DEKE]

Procrastination is never a good habit because it steals our opportunities and makes us lose them. So let us stop procrastinating and do what we know will bring us great benefits. 
 
But if I may say what bring about the mentality of many People's postponing their investment in bitcoin despite their awareness of the halving period, I may say that is a lack of proper understanding of the cryptocurrency market. The fear may be in them that maybe the bull run will not happen, but I see all that as a lack of proper knowledge of cryptocurrency or lack of enough money.

[imamusma]

Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.

When your analysis results are different from other users, then you may get a different time to enter. This is not a wrong procrastination, but is the strategy of each investor in an effort to get a good return while minimizing risk.

But in reality, buying bitcoin at any price for a long term investment is fine. But the problem is, when they expect the price of bitcoin to fall at a price that is very unlikely to happen. Those who expected bitcoin to drop to $10k last year must have regretted their decision, of course after the bitcoin price recovers above the current $30k price. Procrastinating isn't always wrong, but sometimes their decisions don't make sense when on the one hand they expect long-term benefits. Even if they are afraid of falling prices, then DCA is a wise strategy to consider.

[seoincorporation]

I don't think now is the right moment to buy, still 285 days for the halving, and the price can drop a couple of times more in those days. If you remember bitcoin's price at the start of the year was at $16500, and now it's $30,440. So, if a panic hit the market before the halving we could see it going down to $20k. And to be clear, this is just speculation, but the point is, it isn't a wise move to buy at the moment when Bitcoin is at its highest price in 2023.

We must play it smart and don't be impulsive, let's wait for the right wave to ride it.

[Obari]

Seems like good, sound advice to me OP. The best time to buy bitcoin was years ago but the next best time is now. You can take custody of your own money & be your own bank. Inflation is killing our fiat savings so it’s certainly a great idea to diversify into inflation killer bitcoin. You have plenty of time to buy before prices start to rapidly rise after the halving.

I don't know if I'm wrong but I think one of the reasons why people are not buying bitcoin  this period is because they don't have the money to buy it and sure everyone who knows  about bitcoin  already believes that bitcoin  should be expecting an all time high after all this mess and I personally fall into the class of people who have barely  have investment or any hodling right now.
So outside procrastination,  I think lack of money to buy is one of the major reason contributing to why people aren't buying and investing in it right now because most persons are barely making ends meet and maybe their earnings isn't even meeting up giving them a normal life and how to you expect  such a person to invest?

[Aikidoka]

Hesitating is a natural part of being human, but honestly if I have some extra money that I don't need I would rather invest it in Bitcoin. I believe that in the future, Bitcoin's price will increase allowing me to make a a huge profit.

A few months ago, it was a wise decision to invest in Bitcoin when the price was around $17k, but even now, it's not too late to buy since Bitcoin's price isn't excessively high. You can still invest when Bitcoin is at $30k and I'm confident that in the future, especially after the next halving we will witness a new ATH for Bitcoin, and probably surpassing $100K$.

[The Cryptovator]

Fear often leads people to miss out on opportunities, particularly in the context of investing. However, it's important to understand that not everyone in the world is motivated solely by the desire to profit from Bitcoin. Each individual has their own priorities and commitments, which may take precedence over investing. Not everyone will actively pursue Bitcoin. Even those who are familiar with Bitcoin sometimes fail to seize opportunities. We tend to wait for further price declines during market downturns, and when prices rise, we wait for a dip to accumulate more, inadvertently causing us to miss out on potential opportunities.

[bittraffic]

Regulation is making people doubt crypto. Gensler had really made a big punishment for those people since they are afraid of touching crypto because of the uncertain laws about it. Not everyone is going to believe what is in the news as well. Every bear market, things people hear on social media is that Bitcoin is dead. Can't blame the people for not trying to invest because they didn't even realize BTC is real nor what halving could do to the market.

If the government (SEC) just don't try to ruin its market, they could have created more millionaires in Gary's tenure.

[darkangel11]

Regulation is making people doubt crypto. Gensler had really made a big punishment for those people since they are afraid of touching crypto because of the uncertain laws about it. Not everyone is going to believe what is in the news as well. Every bear market, things people hear on social media is that Bitcoin is dead. Can't blame the people for not trying to invest because they didn't even realize BTC is real nor what halving could do to the market.

If the government (SEC) just don't try to ruin its market, they could have created more millionaires in Gary's tenure.

How can something that recently went from 25k to 31k be dead? The math proves otherwise because if you bought Bitcoin in June and sold now in July, you would've made about 20% in profit just from a single month of holding, which outperforms everything else, like stocks, bonds, gold, and so on.
Saying that bitcoin is dead is just dumb and Gensler is 1 guy with a jurisdiction over stocks in a single country. He's not going to be in that chair forever and he's already getting sued left and right for not being objective. Personally, I can only laugh at this because I've been stacking sats for the last 12 months.

[CryptSafe]

I think what is SEC attack is a major factor affecting the market trend and investors are sceptical about the whole process and hence it seems as if everyone is sitting on the fence watching what would happen next.
The procrastination is not intentional but of one being cautious while observing the market trend. Currently the price is down below the last ATH so we can say the price is still down not until it surpasses the ATH. At this point, it would be cool for long term investors to buy their way in and hold till halving come next year 2024.

[boyptc]

You'll never know what these people are up to and what they're currently facing with their finances. As much as it's easier to say that they should buy, invest and hold bitcoin because halving is near.

Even if they want to, they just can't and for that, it has to be some reasons why they can't do that. If you're able and financially prepared for it and keeping up stacks of sats then that's good for you.

But whether you label them procrastinators or not or anything that's been delaying their desire to buy. If there's no problem and they're not hesitating, they should have bought long time ago already.

[Issa56]

Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.

Most people that really knows about bitcoin and they are still procrastinating are the once that are still waiting for bitcoin to dump more before investing in bitcoin, the want to buy bitcoin at the bottom which is not possible, those people will keep on waiting for bitcoin to dump before they invest, but at the end they will end up wasting opportunity which they have currently. when bull run start they will end up regretting why they didn't invest in bitcoin early.

I've had conversations with several individuals and I found out that most them are fully aware of the benefits of cryptocurrency at large but are still having doubts or would I rather say the fear of the unknown due to the unstable price of bitcoin, they focus more on the negative side or losing or fear of losing out completely other than the benefits of investing in bitcoin, there are others who are willing to take a bold step but have little knowledge or need guidance from crypto enthusiasts, i have an information for these set of people because knowledge they say is power and constant education and information would enable people to fast track the adoption of bitcoin and enjoy it's benefits.

Bitcoin investment is not for everyone, and if you are scared of losing your money then its better you don't invest, because you can invest in bitcoin and be at loss instantly, anyone planning to invest in bitcoin should have it in mind that it will be along term investment, so the person should be ready to hold. If you are investing, always invest any amount you can afford to lose, anything can happen at any moment, don't invest what might end up cause some health problem incase if anything happens to your money.

[Luzin]

If the government (SEC) just don't try to ruin its market, they could have created more millionaires in Gary's tenure.

There are always people who are in two positions. Our position as supporters and their position (the SEC) as regulators (may actually resist). So it seems that it's a natural nature that will continue to exist under any conditions. The SEC as an official agency that has regulatory authority, has the right to do anything. But we as supporters also have the right to do anything with a record of not breaking the rules. This is because we live in a large group that has rules made by the government within the state. So this kind of problem problem will continue. Hopefully the SEC is indeed independent and has good intentions, not on money.  IMO