Don't wait to invest.

[Ricardo11]

Bitcoin is currently trading at $90k-$100k and many people advise newbies to wait for the bear season to invest because the price of Bitcoin is quite high. But what guarantees that when the bear season comes, Bitcoin price will drop below $100k again? Therefore, DCA strategy is the best solution.

I agree with this statement that nobody knows if Bitcoin will drop below 100K or if will it pump further. But, usually, Bitcoin takes correction and dump after the bull run. If the bull runs end this time, probably we will have a chance to see bitcoin below 70K, but I cannot say that people would be able to buy at 50K or lower. Always be ready and expect the unexpected in the crypto market.

While we say that bitcoin may not dump down to the 70K range, we cannot give a guarantee either. So, yeah, I agree that DCA is a good solution and has been a more effective strategy so far. But if someone want to wait, I won't ask them to buy right away.

For me the waiting strategy is actually wrong considering the fact that the market is filled with uncertainty, buying right away is the best especially when we have the money readily available for investment, it quite understandable when there is no money readily available for investment but when you have it, doing it right away is the best than waiting, to an extend most people are still being skeptical about the potentials Bitcoin offers which they failed and refused to recognized, but yeah anyone can do what they like, but I will always encourage anyone that want to wait to buy right away and hold for as long as necessary.

Yes, because of waiting for opportunities, we often miss out on good opportunities, because the price seems too high to you at the moment, so you wait for a dump, but as a result, the price has increased much more later instead of being dumped. As a result, you have also lost the current opportunity.
So don't wait for opportunities, because you don't know whether Bitcoin will actually dump later, that's why you should not wait, but rather adopt 'buy now and hold'.
However, every investor should remember that Bitcoin investment must be held for the long term. Because Bitcoin has the potential to give good results only in the long term but (not for 100% sure).

[Shishir99]

For me the waiting strategy is actually wrong considering the fact that the market is filled with uncertainty, buying right away is the best especially when we have the money readily available for investment, it quite understandable when there is no money readily available for investment but when you have it, doing it right away is the best than waiting, to an extend most people are still being skeptical about the potentials Bitcoin offers which they failed and refused to recognized, but yeah anyone can do what they like, but I will always encourage anyone that want to wait to buy right away and hold for as long as necessary.

You might have a different point of view and a different opinion and I respect it. If it's my money, then I could decide what should I do with my money. But when it's not my money and someone is asking what they should do, I would ask them to wait for a little dip or to start DCA. I won't ask them to start buying right away for the following reasons.

They may blame me later if they buy right away and the market crashes. But if they make a profit, they won't appreciate it. So, I don't want to give a piece of free advice to someone to get blamed in the future. You should better stay on the safe side.

[betswift]

For me the waiting strategy is actually wrong considering the fact that the market is filled with uncertainty, buying right away is the best especially when we have the money readily available for investment, it quite understandable when there is no money readily available for investment but when you have it, doing it right away is the best than waiting, to an extend most people are still being skeptical about the potentials Bitcoin offers which they failed and refused to recognized, but yeah anyone can do what they like, but I will always encourage anyone that want to wait to buy right away and hold for as long as necessary.

You might have a different point of view and a different opinion and I respect it. If it's my money, then I could decide what should I do with my money. But when it's not my money and someone is asking what they should do, I would ask them to wait for a little dip or to start DCA. I won't ask them to start buying right away for the following reasons.

They may blame me later if they buy right away and the market crashes. But if they make a profit, they won't appreciate it. So, I don't want to give a piece of free advice to someone to get blamed in the future. You should better stay on the safe side.

It's easy to give advice, but it's hard to come up with something of your own in the end 
But it's important not to blame anybody other than yourself if something goes wrong. And that's the right choice, in my opinion, - to decide in the end judging from your own expertise.

[Gaza13]

For me the waiting strategy is actually wrong considering the fact that the market is filled with uncertainty, buying right away is the best especially when we have the money readily available for investment, it quite understandable when there is no money readily available for investment but when you have it, doing it right away is the best than waiting, to an extend most people are still being skeptical about the potentials Bitcoin offers which they failed and refused to recognized, but yeah anyone can do what they like, but I will always encourage anyone that want to wait to buy right away and hold for as long as necessary.

What we need to know is that if we want to invest and get the results we want or get maximum results, we have to take a long time. Everything requires a long process. Many people who procrastinate want to find the lowest price for an asset. In my opinion, delaying investing is not a good strategy. We know we are currently entering the halving phase and it is very difficult to know when the lowest price will occur again, and that is what we want. I agree with what you said. It's best to never delay an asset as good as this, and we never know in the future the price we buy now can actually be bought back, it looks expensive now but not at the price in the future.

[Litzki1990]

The longer an investor waits to invest, the more likely his opinion will change. If you search, you will find many people who have been sitting with the desire to invest for a long time, but they have not been able to invest until now because they always want to see the market further down from whatever position the market comes. This is because they have a tendency to want to see the market down and they could not trust the market but they only waited and as a result they could not do anything but regret even if the market reached this stage. Some amount of money should be set aside for investment so that one can feel free to invest in Bitcoin at any time. If the investors have extra tension about the investment after making the investment, then the investment will never be able to hold for a long time. First one has to develop one's mind and then one has to take risks only then the investor can invest successfully.

[betswift]

The longer an investor waits to invest, the more likely his opinion will change. If you search, you will find many people who have been sitting with the desire to invest for a long time, but they have not been able to invest until now because they always want to see the market further down from whatever position the market comes. This is because they have a tendency to want to see the market down and they could not trust the market but they only waited and as a result they could not do anything but regret even if the market reached this stage. Some amount of money should be set aside for investment so that one can feel free to invest in Bitcoin at any time. If the investors have extra tension about the investment after making the investment, then the investment will never be able to hold for a long time. First one has to develop one's mind and then one has to take risks only then the investor can invest successfully.

Time is the thing that makes people see the difference between Bitcoin now and Bitcoin of a decade ago.
And they see that even now, they can get something out of it if they do things right.

[LUCKMCFLY]

Yeah. And the patience is what some people still lack in investment, and that is why some investors are making wrong decisions at the end. You see, especially with bitcoin investment, if you are patient enough, I don’t think that person will be able to take a profit from it because there is a lot going on, and which is the way you will have your money moving. Sometimes you just have to bear the risk and leave the money in there and be watching without touching it so you can see that this can be done only when you have the patience.

However, I also did not believe in a short time investment when we are talking about bitcoin investment because regardless of the money you may think you generate as profit, you won’t make the money that someone who follows the concept of the long-term investment makes.

Yes, and sometimes people don't just do it wrong, but they get carried away by what they see on social networks or something like that, this is also the reason why there is and exists very little financial education, I'm sure that many have not read investment books, trading, how some market speculators think or thought, for me those are the books that teach how to operate, the market is the same, in the case of btc the knowledge of market speculators applies with the stock market, only that btc is more volatile, but the concepts are there, if people read investment books I'm sure that they would have the patience without so much problem.

[Shishir99]

It's easy to give advice, but it's hard to come up with something of your own in the end 
But it's important not to blame anybody other than yourself if something goes wrong. And that's the right choice, in my opinion, - to decide in the end judging from your own expertise.

Exactly. So, a person should stay from giving financial advice. People should not take others' suggestions into account when it comes to investing in crypto. They might be looking for others' opinions. But they should not act right after hearing the opinion. Let's say one of my friends asked me to buy a token, I heard that, but I should not buy it right away. Instead, I could start doing some research about the project he advised. In this case, even if the project fails later, I don't have to blame my friend because I myself did the research. Yet, if something bad happens, it was in my luck and that had to happen.

[FortuneFollower]

Yes, and sometimes people don't just do it wrong, but they get carried away by what they see on social networks or something like that, this is also the reason why there is and exists very little financial education, I'm sure that many have not read investment books, trading, how some market speculators think or thought, for me those are the books that teach how to operate, the market is the same, in the case of btc the knowledge of market speculators applies with the stock market, only that btc is more volatile, but the concepts are there, if people read investment books I'm sure that they would have the patience without so much problem.

One word - FOMO.
It breaks some, especially newbies  
Better come prepared there with theory and facts at your belt than doing it purely because of what somebody on X said, be it Saylor or somebody who is just a shill.

[stomachgrowls]

Yeah. And the patience is what some people still lack in investment, and that is why some investors are making wrong decisions at the end. You see, especially with bitcoin investment, if you are patient enough, I don’t think that person will be able to take a profit from it because there is a lot going on, and which is the way you will have your money moving. Sometimes you just have to bear the risk and leave the money in there and be watching without touching it so you can see that this can be done only when you have the patience.

However, I also did not believe in a short time investment when we are talking about bitcoin investment because regardless of the money you may think you generate as profit, you won’t make the money that someone who follows the concept of the long-term investment makes.

Yes, and sometimes people don't just do it wrong, but they get carried away by what they see on social networks or something like that, this is also the reason why there is and exists very little financial education, I'm sure that many have not read investment books, trading, how some market speculators think or thought, for me those are the books that teach how to operate, the market is the same, in the case of btc the knowledge of market speculators applies with the stock market, only that btc is more volatile, but the concepts are there, if people read investment books I'm sure that they would have the patience without so much problem.

Due to lack of knowledge then this is the main reason on why people do lose up money specially on engaging into something that you havent been able to study up or able to engage out because you've been able to see it on other people but we dont really know on what actually happened before they do able achieve success or able to make profits. You dont really know on what do happen behind or before it did make them do make out such success. Investing isnt something that you can deal up easily without doing any extra steps that will make up things that much more better. The more careful you are the more less risks that you can be faced of but of course its not really giving out that assurance but at least you do have the idea on what you are really that dealing on with.

One of the reasons on why people do missed out on doing investment or overdoing it because of various circumstances. Hesitation and doubts about investment will really be that basing or depending into someones approach because each one of us does have that own mentality on how they will be doing up things accordingly. You will be making out investment basing up into your impressions on how it do give out that kind of opportunity on which this can really make money once you done it well but be sure that you do able to accept out the risks first before doing it because once you dont do such stuff then you will basically be having some huge problems on it.

[Republikcoin.com]

Time is the thing that makes people see the difference between Bitcoin now and Bitcoin of a decade ago.
And they see that even now, they can get something out of it if they do things right.

That is a proof that can be traced by many people at this time when the person has known about Bitcoin so that he can make a clearer comparison of the potential profits that can be obtained through Bitcoin in the future. Moreover, at this time there are many influences that can encourage many people to like Bitcoin to the point of bringing them to buy Bitcoin slowly while looking for facts about Bitcoin thoroughly. So the things that Bitcoin has shown in the past are a valid enough example to be able to trust Bitcoin as the best asset of all time.

[mirakal]

It's easy to give advice, but it's hard to come up with something of your own in the end 
But it's important not to blame anybody other than yourself if something goes wrong. And that's the right choice, in my opinion, - to decide in the end judging from your own expertise.

Exactly. So, a person should stay from giving financial advice. People should not take others' suggestions into account when it comes to investing in crypto. They might be looking for others' opinions. But they should not act right after hearing the opinion. Let's say one of my friends asked me to buy a token, I heard that, but I should not buy it right away. Instead, I could start doing some research about the project he advised. In this case, even if the project fails later, I don't have to blame my friend because I myself did the research. Yet, if something bad happens, it was in my luck and that had to happen.

Let us always remember that investing without proper knowledge and understanding leads nowhere. That is why I agree that it is important to stay cautious and make decisions after doing some research so we know exactly what we are going to do next. Because this is not just about knowing how to invest but also when to invest. Yes, it is our money and the final decision is ours, but we never underestimate the value of seeking advice from others, especially when we are just starting out. 

Let us think that investing should be done properly, not in a rushing situation, or else we are putting our money at high risk.

[Shishir99]

but we never underestimate the value of seeking advice from others, especially when we are just starting out. 

I am not against the advice from others. But what I suggest is, that when you get advice from someone, don't grant it right away. You should review the advice and try to understand the fundamentals. If you do not do your research and take action based on others' advice, then you are the one to blame.

Let's say someone said Electrum is better than Trust Wallet. Instead of believing them, I should try to understand why Electrum is better. At least try to know the difference between these two wallets. If I do not do it, I cannot answer why did I pick Electrum wallet over trust wallet. So, the conclusion is, that it is okay to hear the advice, but you should do your research.

[Ricardo11]

but we never underestimate the value of seeking advice from others, especially when we are just starting out. 

I am not against the advice from others. But what I suggest is, that when you get advice from someone, don't grant it right away. You should review the advice and try to understand the fundamentals. If you do not do your research and take action based on others' advice, then you are the one to blame.

Let's say someone said Electrum is better than Trust Wallet. Instead of believing them, I should try to understand why Electrum is better. At least try to know the difference between these two wallets. If I do not do it, I cannot answer why did I pick Electrum wallet over trust wallet. So, the conclusion is, that it is okay to hear the advice, but you should do your research.

You are absolutely right, in fact, in any case, your own research is the biggest thing, One should not blindly trust the advice of others and act accordingly, and this is not only in the technical aspect but in every field of life and in every context, your own research is important. When you do your own research and make your own judgment and analysis and make decisions, then you will understand that thing better and your work will also be better. Which if you do the work blindly relying only on the research of others, it may also fail. And for this too, only you will have to be responsible.
So you should always have the attitude of doing your own research, as a result of which you will not only know the information, but also understand the reason behind that information. As a result, you will be able to succeed in that work.

[avp2306]

It's easy to give advice, but it's hard to come up with something of your own in the end 
But it's important not to blame anybody other than yourself if something goes wrong. And that's the right choice, in my opinion, - to decide in the end judging from your own expertise.

Exactly. So, a person should stay from giving financial advice. People should not take others' suggestions into account when it comes to investing in crypto. They might be looking for others' opinions. But they should not act right after hearing the opinion. Let's say one of my friends asked me to buy a token, I heard that, but I should not buy it right away. Instead, I could start doing some research about the project he advised. In this case, even if the project fails later, I don't have to blame my friend because I myself did the research. Yet, if something bad happens, it was in my luck and that had to happen.

Let us always remember that investing without proper knowledge and understanding leads nowhere. That is why I agree that it is important to stay cautious and make decisions after doing some research so we know exactly what we are going to do next. Because this is not just about knowing how to invest but also when to invest. Yes, it is our money and the final decision is ours, but we never underestimate the value of seeking advice from others, especially when we are just starting out. 

Let us think that investing should be done properly, not in a rushing situation, or else we are putting our money at high risk.

Some people is basing their decision on other since they think its good to follow other people's advice and didn't notice that what they do is actually so risky for their side. Those newbies forget about doing diligence first and just ride at FOMO that's why majority of them encounter a major loss. If they make it a habit to do research first and understand on what they are doing for sure that they would never do any risky decision and always do possible good action on each movement they made.

Rushing everything will not result any positive result but instead it will cause them to lose their money that's why they should think about doing first the right thing and don't ride on the hype created by unknown people online.

[milewilda]

It's easy to give advice, but it's hard to come up with something of your own in the end 
But it's important not to blame anybody other than yourself if something goes wrong. And that's the right choice, in my opinion, - to decide in the end judging from your own expertise.

Exactly. So, a person should stay from giving financial advice. People should not take others' suggestions into account when it comes to investing in crypto. They might be looking for others' opinions. But they should not act right after hearing the opinion. Let's say one of my friends asked me to buy a token, I heard that, but I should not buy it right away. Instead, I could start doing some research about the project he advised. In this case, even if the project fails later, I don't have to blame my friend because I myself did the research. Yet, if something bad happens, it was in my luck and that had to happen.

Let us always remember that investing without proper knowledge and understanding leads nowhere. That is why I agree that it is important to stay cautious and make decisions after doing some research so we know exactly what we are going to do next. Because this is not just about knowing how to invest but also when to invest. Yes, it is our money and the final decision is ours, but we never underestimate the value of seeking advice from others, especially when we are just starting out. 

Let us think that investing should be done properly, not in a rushing situation, or else we are putting our money at high risk.

Some people is basing their decision on other since they think its good to follow other people's advice and didn't notice that what they do is actually so risky for their side. Those newbies forget about doing diligence first and just ride at FOMO that's why majority of them encounter a major loss. If they make it a habit to do research first and understand on what they are doing for sure that they would never do any risky decision and always do possible good action on each movement they made.

Rushing everything will not result any positive result but instead it will cause them to lose their money that's why they should think about doing first the right thing and don't ride on the hype created by unknown people online.

Realization do always come at the end or simply this is the best teacher on which do comes from experience but actually you can be able to avoid up such situation if you do have just putting up some time for you to read up other experiences or simply trying to read up with those dos and dont's on investing then you will definitely be finding yourself having some advantage in compared into those people who are really that doing nothing and just simply invest out because of FOMO. Mistakes and errors are really that common but on the time that you arent doing something to lessen up the risks and just continuing on what you are doing then you are just basically doing gambling in the first place. Opportunities to get in does come and go, people who do have that sufficient experience will be that taking up some advantage into this one. Invest on what you can afford to lose so that you wont be that become impulsive at the time that the market will really be making up some southward movement or making your portfolio very red. This is why its really that important that you should be that realizing into the things that you are dealing with and not just that basically diving in without having any knowledge on what you are really that dealing on with. Dont wait and dont depend into others decisions when it comes into this aspect because if you do make yourself having such approach then you will be missing out tons of opportunities on which you might be regretting later on. Newbie mistakes are common but on the moment or time that you do tolerate it out then you are just basically doing gambling.

[LUCKMCFLY]

One word - FOMO.
It breaks some, especially newbies  
Better come prepared there with theory and facts at your belt than doing it purely because of what somebody on X said, be it Saylor or somebody who is just a shill.

I say something, in these times everyone knows very well what they can do with respect to BTC, there are many on social networks who say and talk, that's what social networks are for, the important thing is to have a clear idea of ??what BTC is and what it is capable of achieving.

What Saylor says is something to take, see and know that what he says is currently not possible, not in the short term, we must be very effusive and very good at Knowing that this is a technology where it will continue to give good results, the price is Something that will go up , it may be in the first quarter of 2025, there is no doubt about that, if not , I recommend Accumulating Everything you can.

[Ricardo11]

One word - FOMO.
It breaks some, especially newbies  
Better come prepared there with theory and facts at your belt than doing it purely because of what somebody on X said, be it Saylor or somebody who is just a shill.

I say something, in these times everyone knows very well what they can do with respect to BTC, there are many on social networks who say and talk, that's what social networks are for, the important thing is to have a clear idea of ??what BTC is and what it is capable of achieving.

What Saylor says is something to take, see and know that what he says is currently not possible, not in the short term, we must be very effusive and very good at Knowing that this is a technology where it will continue to give good results, the price is Something that will go up , it may be in the first quarter of 2025, there is no doubt about that, if not , I recommend Accumulating Everything you can.

I agree with you, Bitcoin is a coin whose value will increase in the long run. In fact, there will always be discussions and criticisms about Bitcoin, but Bitcoin does not care about anyone, Bitcoin does not know anyone. Bitcoin will continue to move forward as it is.
And even though Bitcoin shows a lot of volatility in the short term, but it will increase in the long term. And for the example, Michael Saylor has always been a strong believer in Bitcoin, and he is never afraid of any dumping of Bitcoin, even he keeps buying more at that time. And because of his belief, he has achieved so much success from Bitcoin today.
So you should never worry about the price, always have a tendency to buy, and have a long-term holding attitude. The future of Bitcoin is bright, So take advantage of the opportunity.

[Fredomago]

One word - FOMO.
It breaks some, especially newbies  
Better come prepared there with theory and facts at your belt than doing it purely because of what somebody on X said, be it Saylor or somebody who is just a shill.

I say something, in these times everyone knows very well what they can do with respect to BTC, there are many on social networks who say and talk, that's what social networks are for, the important thing is to have a clear idea of ??what BTC is and what it is capable of achieving.

What Saylor says is something to take, see and know that what he says is currently not possible, not in the short term, we must be very effusive and very good at Knowing that this is a technology where it will continue to give good results, the price is Something that will go up , it may be in the first quarter of 2025, there is no doubt about that, if not , I recommend Accumulating Everything you can.

Good point, as long as you know what's the investment is all about then you have that clear view of the future, you don't need to react in each market movement just put your target limits and allow the market moves accordingly, the rest of it will be the outcome of your patience, all will be harvest when the right time comes, just like what you mentioned the price is something that will rise up you just need to wait and make that right timing to earn decently.

[salad daging]

Good point, as long as you know what's the investment is all about then you have that clear view of the future, you don't need to react in each market movement just put your target limits and allow the market moves accordingly, the rest of it will be the outcome of your patience, all will be harvest when the right time comes, just like what you mentioned the price is something that will rise up you just need to wait and make that right timing to earn decently.

Why do many people still react because they are still not ready to face the market down so there are still many doubts, not a few people like and I'm sure many people are still nervous when the price of bitcoin drops.

People who have patience will still be winners if they are sure if they stay HODL, the important thing is that you know investing in bitcoin there is no doubt, because bitcoin has a 4-year cycle so it is likely that bitcoin will rise 2x at least from the previous ATH.