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Author Topic: Isn’t it better late than sorry?  (Read 558 times)
Distinctin
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February 11, 2024, 09:33:14 PM
 #61

If you think it’s late, then just put it that way but the fact that you’re willing to start investing now, then definitely you’ll still have the opportunity to make significant profits in the long run. However, I want you to know that as an investor, you should not think if you’re late or not, because bitcoin will always offer various opportunities every now and then, it’s only the people who are doubtful whether to trust bitcoin investment or not. But if you have faith in bitcoin, and you know how big its potentials, then never lost the chance to invest now and benefit in the future.

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February 11, 2024, 10:43:15 PM
 #62

That's why those who believe in themselves and the asset they are investing in early, makes more profit than those who joined later.
If you join late, you are just exit liquidity for those who were first or before from you. That's how it works.
It's better late than sorry if you are not aware of the fundamentals of the assets your investing in.
  It is better to be late than not to be among those that paid the price to invest their money in Bitcoin and makes profits for themselves. The crypto market is very risky and that does not mean that we can't make profits from the market. All we need to understand is how to buy and sell, invest and have some adequate knowledge about Bitcoin and the crypto market.
 Making money from the market is all based on our understanding. There is need for for us to know what we are doing so that we can always benefit from our investment. It sis better to be late and make few profits than not to participate at all.

A lot of people who  invested early in Bitcoin did not really make profit. Due to the price volatility of Bitcoin,  many withdrew their investments prematurely by selling at loss. No one should be pressured to invest if they are not capable financially and emotionally to invest as at that time. Although,  there is always a compensation to those who are willing to take risks and manage their risks for a very long  time. This compensation can come in the form of a very high returns on their investments. If a person invests in Bitcoin today and perseveres, he will still make good returns.

You gotta change your mindset OP. Bitcoin investment does not matter who comes in early or late, because what matters the most is the moment you decide to invest in bitcoin. It takes courage to decide to invest due to its high risk and volatility, but if you have faith in your investment, you will never feel fears on taking that risk.

Evaluate yourself OP if you are really ready to take the risk and invest, otherwise quitting is not an option because that only means you don’t make a good preparation prior to investing.

The feeling that others are far ahead of you in Bitcoin investment is a very wrong mindset. Those who started investing because others are investing sometimes are not emotionally ready for high risk investments. For any investment to be effective, their must be a decision that is backed by commitment from the investor. Without commitment,  the investment might suffer.

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February 12, 2024, 09:30:06 PM
 #63

Diligence and caution are important when considering new videos as volatile areas like cryptocurrencies are of utmost importance . Seeking knowledge and guidance from the communities you are involved in is an important step toward making your own decisions. You have to use your past experiences to overcome your fear. Make the most of your Bitcoin experience. Investing should be done strategically.

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February 16, 2024, 05:18:03 PM
 #64

Now Bitcoin is not entirely new to me, I’ve heard it come up a few times and only now have I built an increasing desire to know the pros and cons about it. I’ve had to invest in various things in the past, online and offline, have my share of profit and loss but, I so don’t want to loss. Especially a loss that might amount out of my ignorance, that would be most painful although, I get the fact that lessons would be learned from such experience on how costly ignorance could be.

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.
If you are employed, or self-employed, or have any sort of income source and getting money regularly then there is nothing to think about at this point. Just have a small percentage of your total income dedicated to your Bitcoin investments and buy Bitcoin with it whenever you get paid, it's called the DCA method where you keep buying after short intervals and keep accumulating.

Remember one thing, there is no perfect time to enter the market because it's highly unpredictable and volatile, so you can't know where the market will go next. That's why, just buy in portions, so that you don't regret not buying at all if the price goes up and you can always buy more if the price goes down.

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