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Author Topic: Quit the doubt, it's not too late for Bitcoin investment.  (Read 707 times)
stadus
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June 27, 2024, 02:45:14 PM
 #81

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
 #82

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
 #83

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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June 27, 2024, 10:09:36 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.
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
 #85

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
 #86

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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July 30, 2024, 12:12:15 PM
 #87

Its the fact that new trader will miss the opportunities because in the end they will sell all there holding in loss, because they don't have holding power
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July 30, 2024, 02:05:50 PM
 #88

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.

there will always be two sides to Bitcoin. those who love Bitcoin or those who don't like Bitcoin. it doesn't matter if you're new to Bitcoin or have been around for a long time. because there are always people who don't like it.
maybe people who cursed Bitcoin in the past and eventually regretted it because they saw Bitcoin grow so amazingly, finally liked Bitcoin. but maybe they were too embarrassed to admit it. they became curious and started their first Bitcoin ownership secretly.

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.

both ways of buying for investment are actually related to the capital owned. DCA allows investors to make regular investments even with limited capital. that's pretty good for an employee who relies on a monthly salary and wants to invest in Bitcoin.
while finding the best price, of course, requires patience and the right market momentum. meaning that investor psychology needs calm and patience before making a choice. for beginners, it may be more difficult to apply it.

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ShaneDiesel
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July 30, 2024, 11:29:54 PM
 #89

If you wanna see a short term results then I suggest not to do this because it will be a long term investment which brings lots of benefits and will be able to save you in the future.
adultcrypto
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July 30, 2024, 11:54:25 PM
 #90

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.
I don't think it will be late with bitcoin because it is designed to appreciate in value with time. When people say that bitcoin will reach a million dollar, it will sound impossible to people but remember when bitcoin was less than $1k, no one could imagine that it will reach $10k and continue upward. If people knew that bitcoin will grow this much then, they would have bought more and hold. I am sure that some person also made the statement of lateness when bitcoin reached $1k, they will make the same statement when we et to $100k and eventually $1m. It is never later with bitcoin because it is an ongoing technology.

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reagansimms
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July 31, 2024, 03:25:39 AM
 #91

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.
I agree with you, when someone does not fully understand what they are doing, doubt will always come to them because they are covered in fear. Many people have made money in Bitcoin investments by taking advantage of market volatility as its value may double or even fall. For those who are new to Bitcoin will feel anxious when the price drops, their minds will be confused due to the fear of losing capital, this kind of situation cannot be avoided because Bitcoin cannot be regulated by any authority, in other words, Bitcoin is a very wild investment, anyone who can survive, will get a big surprise after the price gets higher.
Caution in investment needs to be prioritized, but the case is different with Bitcoin which has been adopted more widely and has strong fundamentals, even though its price can fluctuate wildly every day due to market speculation, Bitcoin remains strong and continues to grow because of its strong roots.

R


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Questat
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July 31, 2024, 04:23:36 PM
 #92

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.
Being hesitant to invest in bitcoin is normal, most especially that a lot have been spreading fake news about bitcoin and emphasized that bitcoin is a ponzi scheme. However, DYOR is the key. If you really want to invest, you will certainly find ways no matter how risky bitcoin is. Trust is something that is always hard to establish, but for those who deeply believe in the potentials of bitcoin, trusting bitcoin despite of its high volatility won't never be a big issue.

HajiBagi
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July 31, 2024, 04:34:03 PM
 #93

The journey of a thousand miles begins with a step and I consider those who were opportuned to mine Bitcoin and also invested at the early days as the ones who took the best step, it's not supposed to be debated cause we've all seen the success of the project from the first day of creation by Satoshi to this present day, except maybe the ones who sold their assets for unnecessary wants, but people who held for a long term are benefiting well from their decisions currently. However there should be no calls for alarm for those who weren't opportuned to invest at the early days cause there's still hope and the different ATH's Bitcoin has reached is a big prove, so the best decision to make is to invest at this point when it's still the current price. The people I feel sorry for are those who have the financial capacity to invest heavily in Bitcoin but still have doubt over it's potential, I mean why would anyone even have doubts when they've seen Bitcoin set different ATH since it's creation to this point, well there would always be a doubting Thomas, those who would still find it difficult to believe even when they've seen prove that sometime is real. Nevertheless, if there's anyone who's willing to invest in Bitcoin but still have doubts, I put it to you that the best decision you'll make is to buy Bitcoin and Hodl, don't get discouraged by the drop in price cause I believe you should've known by now what volatility means.

Anyone who is still doubting about Bitcoin will never believe in anything concerning cryptocurrency, I still wonder why some people who are educated and know much about technology are still doubting about Bitcoin, but, I think those people are not well educated because the level of Bitcoin has grown to now if anybody doesn’t still believe it that means the person hasn’t used phone before or let me say the person doesn’t know anything called technology, the only people I can believe that they will not know much about bitcoin is those who live in a place like villages where no one knows or have heard anything about bitcoin but for someone to be in a civilized place and also well educated that didn’t know about bitcoin it will be impossible.

The only people who still think that they are scared to invest in Bitcoin are those who have been scammed before, you know some people have been scammed through their bank accounts and when engaging in crypto and since then some of them are still scared concerning anything crypto. For those who believe in Bitcoin and still think that it is too late for them to invest, there’s no late in Bitcoin because in Bitcoin nature it can increase or decrease after investing or increase when you think it is too late.

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ndutndut
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July 31, 2024, 05:36:30 PM
 #94

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.
Those who hesitate to buy bitcoin are those who do not know the history of bitcoin or it could be because bitcoin is not a physical investment but a virtual currency investment, making them hesitate to invest in bitcoin. In fact, if you look at the history of bitcoin prices, they don't need to be afraid, because bitcoin is one of the future assets whose development is unquestionable from its emergence until now. As you said, if they look at the price of bitcoin in the past, they will regret why they only got to know bitcoin now. If they had invested a few years ago, they would have made many times more profit until now.

Bitcoin is indeed volatile, that's natural, but if we already have strong confidence in bitcoin, we will not panic, instead we will hold bitcoin until the goal is achieved. But as usual, independent analysis is very important. Newcomers often wonder if it's too late to explore the crypto market, the answer is it's not too late even though the market is always unpredictable, but bitcoin investment is more profitable if we hold it.
The point is to learn first before jumping in so that you don't experience any losses at all on bitcoin.

RockBell
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July 31, 2024, 09:15:22 PM
 #95

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.

Those who are into Bitcoin fully will also have issues from time to time with their emotions especially why they don't have another source of income the more you get familiar with how unstable the market is always the better because if the market is red you should be able to know that it is another privilege to gather more so that when we are making profits we are going to be making more profits, and if you have other investments or even have a job they you money invested in bitcoin should no longer be a problem for you because you will have cash from other source and that is exactly what bitcoin wants. newbie's feeling about bitcoin is worse than other people who have stayed longer in holding or trading bitcoin. and it has gotten to the point where people should know that no matter how the price of bitcoin is owned, it will still bounce back. and it happened recently if you keep tabs on the market.

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Mahanton
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July 31, 2024, 09:57:00 PM
 #96

The journey of a thousand miles begins with a step and I consider those who were opportuned to mine Bitcoin and also invested at the early days as the ones who took the best step, it's not supposed to be debated cause we've all seen the success of the project from the first day of creation by Satoshi to this present day, except maybe the ones who sold their assets for unnecessary wants, but people who held for a long term are benefiting well from their decisions currently. However there should be no calls for alarm for those who weren't opportuned to invest at the early days cause there's still hope and the different ATH's Bitcoin has reached is a big prove, so the best decision to make is to invest at this point when it's still the current price. The people I feel sorry for are those who have the financial capacity to invest heavily in Bitcoin but still have doubt over it's potential, I mean why would anyone even have doubts when they've seen Bitcoin set different ATH since it's creation to this point, well there would always be a doubting Thomas, those who would still find it difficult to believe even when they've seen prove that sometime is real. Nevertheless, if there's anyone who's willing to invest in Bitcoin but still have doubts, I put it to you that the best decision you'll make is to buy Bitcoin and Hodl, don't get discouraged by the drop in price cause I believe you should've known by now what volatility means.

Anyone who is still doubting about Bitcoin will never believe in anything concerning cryptocurrency, I still wonder why some people who are educated and know much about technology are still doubting about Bitcoin, but, I think those people are not well educated because the level of Bitcoin has grown to now if anybody doesn’t still believe it that means the person hasn’t used phone before or let me say the person doesn’t know anything called technology, the only people I can believe that they will not know much about bitcoin is those who live in a place like villages where no one knows or have heard anything about bitcoin but for someone to be in a civilized place and also well educated that didn’t know about bitcoin it will be impossible.

The only people who still think that they are scared to invest in Bitcoin are those who have been scammed before, you know some people have been scammed through their bank accounts and when engaging in crypto and since then some of them are still scared concerning anything crypto. For those who believe in Bitcoin and still think that it is too late for them to invest, there’s no late in Bitcoin because in Bitcoin nature it can increase or decrease after investing or increase when you think it is too late.
You know people are somethings that being too naive when it comes to the opportunities that it is really that in front of them on which despite on making up some dealings they would really be rather be skipping out
because they do really just that simply dont like it.Somehow it would be wise on not to make any suggestions or argumentation just because people do have their different approach on things on which
on the moment that you would be making up some approach then it would really be might be ending up with some argumentation or conflicts. So better leave them that way because sooner or later they would really be able to realize that they had missed out something important but its actually true that its never been late to invest with Bitcoin, there are really just that those people who are that too close minded.

Some doesnt really want nor like on investing into it just because they do believe that they cant really that easily get x2 or x3 or even more which is unlike with some low cap coins or
simply with those meme coins on which could potentially give that 10x-100x-1000x probability and this is why they would really be that loving to gamble out and make investment in it.
Well its their money then its their full rights on how they would really be dealing up with things accordingly.

R


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Natalim
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July 31, 2024, 09:58:22 PM
 #97

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.
People who have no clear understanding about bitcoin will never be confident to invest but may stay doubtful throughout the duration. And that's very common to beginner investors since they have less knowledge and experience when it comes to bitcoin and its market, but I believe in time doubts and confusions will go away if they have developed the real passion and the high motivation why they need to invest in bitcoin. DYOR and patience are the keys.

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July 31, 2024, 10:12:43 PM
 #98

Some doesnt really want nor like on investing into it just because they do believe that they cant really that easily get x2 or x3 or even more which is unlike with some low cap coins or
simply with those meme coins on which could potentially give that 10x-100x-1000x probability and this is why they would really be that loving to gamble out and make investment in it.
Well its their money then its their full rights on how they would really be dealing up with things accordingly.

This right here have been a topic if one checks the social media, i say the so called bitcoin or cryptocurrency experts on there usually advising people to rather have their money on small market cap coins just because they don’t see it pumping too high. There’s no doubt that the market price of bitcoin is not going to do 10x in a single run but the stability that comes with bitcoin is something no single coin has. Also a little analysis from last year to date we have seen bitcoin moved from around $16k to $70k which is a clear 3x had anyone went to hold on that. look at the memcoins which did those more xxxs and later see how they dumped on people. But as you said it’s there money and they can afford to lose it, but the comment they make that bitcoin doesn’t move is actually not right.

R


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July 31, 2024, 10:21:13 PM
 #99

I am not pushy anymore to those folks that haven't invested in Bitcoin. They've got a lot of time in the past and even until now and all the decision that they have rotates within their hands and minds. It's never too late, we've been telling this for years and we've done mistakes after mistakes and realizations after realizations after selling too early and not buying too early.

Soon, there will be more people that will come to different crypto communities confessing that they have got all the chances before but they never listened. We don't want the same stories to be heard soon and that's why a lot of from this community are starting their own cause in telling others to invest while they can and while it's not too late at all.

With this, since I am not pushy anymore. I'd only tell this to the ones that are willing to listen and are truly interested to invest. No convincing, no pushing but only willingness and eagerness with actions and initiatives.

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July 31, 2024, 11:37:24 PM
Last edit: August 05, 2024, 08:07:08 PM by AmoreJaz
 #100

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.
People who have no clear understanding about bitcoin will never be confident to invest but may stay doubtful throughout the duration. And that's very common to beginner investors since they have less knowledge and experience when it comes to bitcoin and its market, but I believe in time doubts and confusions will go away if they have developed the real passion and the high motivation why they need to invest in bitcoin. DYOR and patience are the keys.

It would take time to fully understand this market and formed your strong belief on this type of volatile investment. As you can't force anyone to invest here, it is your own accord how you can explore the opportunities to your advantage. Mind your own business so to speak.

It is also best to invest on your own accord and not being forced by the the people around you. If you are already comfortable with how you manage your crypto, it will come easy to invest on this market. As you already know the ins and outs, you can easily cash out if you need to. Patience is always needed in this market because you have no idea when will you hit your target.

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