Outhue
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February 08, 2024, 07:51:21 AM |
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You are actively cautious, and that's not bad, focus on anything that will make you buying Bitcoin something you will be proud of, and not regret later.
Don't leave your Bitcoin on any centralised exchange, you are not a full time trader, move all of your bitcoin into a open source Bitcoin wallet.
Invest on a hardware wallet if you can, it's not a must though but it's great way to add extra safety for your Bitcoin and if you can't there are good software wallet too like BlueWallet or Electrum wallet.
Keep your recovery seed very safe, avoid sharing with anyone, and don't go around telling friends and family that you are now a Bitcoin holders it's not safe.
Don't give up, it's not too late, and make sure you are investing only what you can afford to lose in Bitcoin, tomorrow is not even certain so anything can happen, invest the max of 10% from your income into Bitcoin.
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Rockstarguy
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February 08, 2024, 08:22:33 AM |
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Bitcoin is very volatile that is why i don't consider investing money in Bitcoin as the most important thing to do. Since bitcoin is very volatile getting more knowledge is the most important thing to have in bitcoin journey because lack of understanding can make you lose all the money you have in bitcoin. Understanding bitcoin will help you to know which amount of money that will be best for you to invest in bitcoin. When people don't invest in bitcoin very well they feel they can invest all they have in bitcoin and still make good profit in bitcoin. It is always advisable to invest with the amount you can afford to lose because their is no guarantee of having a smooth journey expecially as a beginner, most times we get more understanding from the experience we come across in bitcoin.
It is better to always invest what you can afford to lose and never to be in rush, when you invest what you can afford to lose it is better than investing more than you can afford which of anything happens you feel too bad about it.
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AakZaki
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February 08, 2024, 09:46:04 AM |
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Everyone here has its main objective to own and invest into bitcoin. But saying you’re late already, definitely not, you’re just on time. But if you keep missing opportunities again and again, you’ll be left behind while the whole world is into bitcoin already. So always create positivity within you, you’ll definitely reach your goal and dreams with bitcoin if you take an action now. Now is the right time to invest, so buy and do the DCA afterwards.
Always missing opportunities and not taking advantage of them only delays what can actually be done faster. At any time you can invest in Bitcoin and see how the Bitcoin price goes up and down and try to reach a new ATH. Currently crypto prices are still quite stagnant and not moving quickly. still trying to reach the highest peak again. Buying gradually or doing DCA is the best choice now before the big bullishness comes.
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JiiBs (OP)
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February 08, 2024, 10:36:06 AM |
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Always missing opportunities and not taking advantage of them only delays what can actually be done faster. At any time you can invest in Bitcoin and see how the Bitcoin price goes up and down and try to reach a new ATH. Currently crypto prices are still quite stagnant and not moving quickly. still trying to reach the highest peak again. Buying gradually or doing DCA is the best choice now before the big bullishness comes.
While I agree with almost all that you said as, the first part largely speaks of delays not being denial, having to miss opportunities even after meeting them and recognizing them is such a hard nut to swallow. Having to wait feels like the right thing but not the best thing, I don’t know.
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Die_empty
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February 08, 2024, 11:07:41 AM |
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You are still early. In 50-100 years, those who were able to get on it with thin the first 20 years would be viewed to have been extremely lucky to have caught on so quickly. From 2017 people have been complaining about being late to Bitcoin rather than taking advantage of the opportunity they had.
There are over 8 billion in the world and way less than1% of that are interested in bitcoin, owning some. You can still be part of the less than 1%.
Truths be told, when I saw 50-100years rating for enjoyment of your investment, it seemed a bit too far, maybe it actually is as it hot me thinking about my lifespan. I get the fact that having to invest isn’t always centered on you alone but still, I would like to enjoy a large part of my investment and not have to put in all the work and not enjoy most of it. I think what @Upgrade00 was trying to explain is that Bitcoin is still at its infant stage and will keep becoming more expensive as the years go by. Anyone who can buy Bitcoin within these years will make more profit and people will view them as lucky people. Coming down to the statistics you’ve got there, it’s just that simple but speaks volume of how clueless and how we’ve been able to appropriate value to just the most unnecessary things. Perhaps necessary to those cashing out from it but for the rest of the population that goes about it for fun and am talking about social media here.
Here is a huge opportunity in Bitcoin and it’s yet to be exploited by even 1.5% of the world’s people! Feels sad, I suppose I still feature in that group but, maybe not for long.
I don't always blame people for not investing in Bitcoin because many people are not aware of it. Many people would have invested money in it if they knew how stable and profitable it is. Some people are also scared of investing because they were scammed when they invested wrongly in the crypto industry. Other people are not investing because of lack of funds or procrastination.
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moneystery
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February 08, 2024, 11:07:56 AM |
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....
Since Bitcoin is too volatile there is no guaranteed way that you can always make a profit rather than lose but if you have some knowledge about trading then study hard about how stop-loss works so that you can prevent losing all or a high percentage of your Bitcoin investment. You can also do DCA as suggested above which is always a good strategy in trading to recover your losses once it bounce back.
a bitcoin investor cannot expect that his investment will always be good and profitable, there will definitely be a time when his investment can drop and he will lose part of the value of his investment in bitcoin. that's why it is important for an investor to understand how to invest in bitcoin and reduce potential losses from it, either with a stop-loss or investing over a longer period. if they already understand how to invest in bitcoin, they should be able to take advantage of the volatile nature of bitcoin and this will not make them more worried, because they understand how to deal with this and are ready for all possibilities.
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Hyphen(-)
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February 08, 2024, 11:35:56 AM |
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Sometimes, it’s entirely very hurtful, not just the fact that you might have lost a vital part of your funds or capital into an investment but, having the mind of being outsmart by whom ever or the system that works a specific field. Well, not the system as, it’s often impossible to beat most systems but, it just hits differently when you have a sense of security about an investment but still goes ahead to loose it all.
These type of losses do happen more often especially if you are dealing with investments that are not real or genuine and you failed to find out on time, or if you are too greedy to take profit as soon as possible thinking it will be bigger with little time. Losing profit or your entire investment is also possible in cryptocurrency especially if you invest in altcoins that did not have future; some altcoins are just build by selfish set of people just to gain the trust of investors and go with their hard earn money, so they will make promises that looks real, once they get what they want then the go with people’s money, therefore avoid them. Here I am, not a single Bitcoin tide to my name, am not so proud about it especially, being here where I just have the vague idea that, the members here just might have so much. I guess what I’m looking out for is a sense of security and some comfort that, it’s really better late than sorry.
You are not too late mate, this is another right time to invest if you will be able to hold your Bitcoin for long term. Since you made mentioned that you have knowledge about Bitcoin earlier, I believe you know how important it is and how promising it is in the future, therefore worry not about your Bitcoin. Invest them in a non custodial wallets and avoid leaving them in the exchanges wallets.
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lovesmayfamilis
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✿♥‿♥✿
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February 08, 2024, 01:28:08 PM |
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While I agree with almost all that you said as, the first part largely speaks of delays not being denial, having to miss opportunities even after meeting them and recognizing them is such a hard nut to swallow. Having to wait feels like the right thing but not the best thing, I don’t know.
Sometimes the wait can turn into an eternity, and the person will still doubt whether it is time to start or not. There is no need to take risks by investing all your money, but there is an opportunity to learn everything in practice, understanding day by day whether you need to take further action or not. Knowing the theory is important, but practice will make you one of us. You are on a forum about Bitcoin. Don’t expect anyone to dissuade you, but you should and can check everything from your own experience.
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JiiBs (OP)
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February 08, 2024, 02:04:53 PM |
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While I agree with almost all that you said as, the first part largely speaks of delays not being denial, having to miss opportunities even after meeting them and recognizing them is such a hard nut to swallow. Having to wait feels like the right thing but not the best thing, I don’t know.
Sometimes the wait can turn into an eternity, and the person will still doubt whether it is time to start or not. There is no need to take risks by investing all your money, but there is an opportunity to learn everything in practice, understanding day by day whether you need to take further action or not. Knowing the theory is important, but practice will make you one of us. You are on a forum about Bitcoin. Don’t expect anyone to dissuade you, but you should and can check everything from your own experience. That’s what scares me, for my being cautious and skepticism not turn into procrastination and which becomes a huge setback on any potential investment but, I like the idea of learning in practice. It would be a building by experience although, mistakes might prove costly. Still, it’s an idea I would look to practice.
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m2017
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keep walking, Johnnie
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February 08, 2024, 05:09:41 PM |
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~snip
It's better to try and regret than not try and not regret. I adhere to this point of view. Although I think it’s better when you try and you don’t have to regret what you did. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Rather than watch from the sidelines at bitcoin and torment yourself with doubts, it’s better to try. It's not entirely too late. It is not necessary to mortgage a house, property, or grandmother’s pension in order to purchase bitcoin. This can be done for a small amount. This way you will dispel all doubts and get rid of regrets.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Franctoshi
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February 08, 2024, 06:20:32 PM |
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Going straight to the subject matter “Bitcoin” without beating much around the Bush, Bitcoin is pretty still cheap, even though most of the gains were realized by the early investors who invested when Bitcoin was still way cheaper and trading below $100, But still, I would rather be late than hear the story, basically miss the whole thing, and after all no one can tell if the party is way too late to join right now because fast-forward back to when the price was trading between $1k-10k, people still think they were late too and today look at the price that Bitcoin is currently sitting on.
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Ndabagi01
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February 08, 2024, 06:55:37 PM |
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Here I am, not a single Bitcoin tide to my name, am not so proud about it especially, being here where I just have the vague idea that, the members here just might have so much. I guess what I’m looking out for is a sense of security and some comfort that, it’s really better late than sorry.
Help me not to be sorry!
OP, what you're feeling is relatable, and don't think you're the only one because not everyone here will want to open up about their problem if they know the solution is only known to them. Indeed, it is better to be late than sorry. You are not late, and with your knowledge of bitcoin, your investment will not lead you to believe that you will lose your funds. Don't assume that everyone here has a large amount of bitcoin in their savings; instead, try to accumulate as much as you can as soon as possible.
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Uhwuchukwu53
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February 08, 2024, 07:47:34 PM Merited by fillippone (1) |
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~snip
It's better to try and regret than not try and not regret. I adhere to this point of view. Although I think it’s better when you try and you don’t have to regret what you did. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Rather than watch from the sidelines at bitcoin and torment yourself with doubts, it’s better to try. It's not entirely too late. It is not necessary to mortgage a house, property, or grandmother’s pension in order to purchase bitcoin. This can be done for a small amount. This way you will dispel all doubts and get rid of regrets. You have just said it all but the problem is that they will not hear. People always think of failure on something they have not even tried. How can you always compared people who failed bon some things not know that grace differs. There no time that is late to invest on Bitcoin., investment on Bitcoin is like the popular saying any time you wake from bed becomes your morning but it will be very bad waking at the wrong time. The problem of indecision have course many failure on society and have bring many into poverty, that is the reason I take time to write about this indecision on the thread, the best is to start on Bitcoin now and rejoice tomorrow all you need is to read and gathered knowledge on how to buy and hold and other things that can help you allot is already at the pin post.
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Queentoshi
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February 08, 2024, 08:30:23 PM |
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Sometimes, it’s entirely very hurtful, not just the fact that you might have lost a vital part of your funds or capital into an investment but, having the mind of being outsmart by whom ever or the system that works a specific field. Well, not the system as, it’s often impossible to beat most systems but, it just hits differently when you have a sense of security about an investment but still goes ahead to loose it all.
Having just a sense of security is not enough, you also need to have the knowledge of security. Many people actually thought their bitcoins would be safe but after investing they discovered that they had to put in extra work to ensure that it is not stone by scammers but lost by simple security mistakes. To avoid being sorry, never joke with security knowledge and the tips that will follow. Bitcoin Scammers are creating new methods to scam people who just have a sense of security for their bitcoins with no or limited knowledge on its security.
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Viscore
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February 08, 2024, 08:39:17 PM |
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Well, if you think you are certainly late from bitcoin investment, you are very wrong on that. When it comes to any type of investment, no one is late even in bitcoin. There are still a lot of chances to invest and grow your bitcoin portfolio since bitcoin investment is still at its early season. Unless if you resort into procrastinating things like bitcoin investment, then you will definitely lost all your opportunities to invest because of your wrong mindset.
Bitcoin investment is not a do or die, but if you don’t see huge potentials in bitcoin in the first place, you will never come to prioritize it most of the time.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Rengga Jati
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February 08, 2024, 08:59:18 PM |
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Each person has their own phase and time in Bitcoin. Sometimes, we really understand Bitcoin and really want to invest, especially during the bearish era and Bitcoin prices are at their lowest point yesterday, but it turns out we don't have the funds to do it. Or maybe someone else has the funds but his desire to invest in Bitcoin is not that big, so he hasn't done it either. This won't be a big problem actually. This would be much better than if we were new users and had just found out about Bitcoin from a friend, then decided to follow suit and invest in Bitcoin without understanding anything about it, then hoping to get very high profits as soon as possible. And even if we don't know the price of Bitcoin it's very volatile. Then in the end, because of someone's ignorance like that, because of their enormous desire to make an instant profit, in the end they fail because they panic and their assets drop momentarily.
So, this is the importance of preparing ourselves before investing in Bitcoin, not only financially but also in terms of understanding, knowledge and mental readiness too. because after all this is something that still has risks and we have to really understand the risks. Make sure you are ready for everything so you don't regret it. And you don't have to feel burdened or heavy because you haven't invested yet and other people already have so much. You have your own time to do it when you are truly ready. When you really have the amount you can afford.
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nakamura12
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February 08, 2024, 09:12:19 PM |
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In my opinion, there's no such thing as late when it comes to bitcoin investment. There are people who ask if they are too late to invest in bitcoin when the truth is there's always a chance to earn profit even though they invested in bitcoin years later. There's nothing wrong with it if you are not investing in bitcoin and also when you plan to invest. It's all up to you if you are willing to invest your money or not. This is the one thing I can tell you is that you should invest what you can afford to lose on what time you want to invest or not investing at all. If you feel that you will regret it in the future then you should try investing some of your money and maybe you won't regret it in the future.
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The Cryptovator
Legendary
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Activity: 2338
Merit: 2209
Crypto Casino and Sportsbook
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February 08, 2024, 09:36:36 PM |
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Believe me, after ten years, people will feel sorry why they haven't bought Bitcoin in 2024. So I can say it's not too late for Bitcoin, actually. Don't expect Bitcoin to dump $3K again. Global inflation is too high, so everything has become costly right now. So I don't see any reason to dump Bitcoin hard. The best way to accumulate Bitcoin is through the DCA strategy. You can still accumulate from your savings. Believe me, it's still not too late, so there's no question of being sorry if you start accumulating now.
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Sandra_hakeem
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February 08, 2024, 09:48:26 PM |
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That was a very good poem though - in all, I'd say I didn't understand what your point was when you said you needed help not to be "sorry"
Bitcoin isn't something you'd just jump into, without having a pre-knowledge of what it entails... There's alot more to do than just sinking in money to buy off of some piece of coins. You don't sound like you've known way too much to begin to HODL; AFAIK, it's not about the number of years you've spent on BTT forum that guarantees your experience in the system. Read more about how safe those coins could be, before thinking of getting 'em.
Sandra 🧑🦰
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AYOBA
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February 08, 2024, 10:44:35 PM |
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Here I am, not a single Bitcoin tide to my name, am not so proud about it especially, being here where I just have the vague idea that, the members here just might have so much. I guess what I’m looking out for is a sense of security and some comfort that, it’s really better late than sorry.
Help me not to be sorry!
Since it's never too late to invest, if I may comprehend your point about feeling sorry for yourself. However, I believe that now is the ideal time to purchase a large quantity of Bitcoin in order to reap the rewards of massive profits down the road. However, given that you are still a novice, my suggestion to you is to make sure you are knowledgeable about the investment so that you can confidently afford it. Furthermore, many failed when invest because when some people invest, they begin to feel pessimistic about their ability to make money with that kind of money, for example, they should be holding out hope that they will make enormous profits from the Bitcoin they purchase, but they end up making poor decisions that's what cause some people to lose a lot of money, and that is why many of people's here always given advice that we should using the amount of money we can afford to lose.
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