It's Never About Being Early, It's About Being Ready

[Joeboy]

When I first entered into the crypto space, I used to look down on myself, I mean anytime I look at most of my friends and agemate already making it in the space and doing well for themselves.
But over time I realized something very important which is Being early doesn't matter if you are not ready.

There are actually people who invested in one coin or the other in the past and still lost lost everything because they lacked the understanding of what they where investing in. There where even some of my friends who where not crypto traders but got scammed because they where advised to invest in coins they had no knowledge about...So honestly, I would have found myself in a similar situation if I had joined earlier with the same mindset I had when I first started.

So for the newcomers in the space don't feel that you late, note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it, and this starts with being prepared i.e understanding what you are investing in(making research), knowing when to manage risks, being able to keep you emotion in check whenever the market gets shaky, and lastly having a clear and definitive goal.

[Tmoonz]

When I first entered into the crypto space, I used to look down on myself, I mean anytime I look at most of my friends and agemate already making it in the space and doing well for themselves.
But over time I realized something very important which is Being early doesn't matter if you are not ready.

There are actually people who invested in one coin or the other in the past and still lost lost everything because they lacked the understanding of what they where investing in. There where even some of my friends who where not crypto traders but got scammed because they where advised to invest in coins they had no knowledge about...So honestly, I would have found myself in a similar situation if I had joined earlier with the same mindset I had when I first started.

So for the newcomers in the space don't feel that you late, note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it, and this starts with being prepared i.e understanding what you are investing in(making research), knowing when to manage risks, being able to keep you emotion in check whenever the market gets shaky, and lastly having a clear and definitive goal.

I got your point and talking about the importance of preparedness it doesn't only limited to crypto investment it is a general notification that should not be ignored whenever we are entering in to a new environment that we have zero experience, there is no house that is built without a foundation and at point some the quality of your foundation will determine how solid the house will be, it is essential and most imperative to make the necessary information and basic knowledge of whatever we want to do including the potential risks and benefits which of course will go along way for an informed decision, the advantages of being ready can not be overly emphasis.

[Jibdeen]

When I first entered into the crypto space, I used to look down on myself, I mean anytime I look at most of my friends and agemate already making it in the space and doing well for themselves.
But over time I realized something very important which is Being early doesn't matter if you are not ready.

There are actually people who invested in one coin or the other in the past and still lost lost everything because they lacked the understanding of what they where investing in. There where even some of my friends who where not crypto traders but got scammed because they where advised to invest in coins they had no knowledge about...So honestly, I would have found myself in a similar situation if I had joined earlier with the same mindset I had when I first started.

So for the newcomers in the space don't feel that you late, note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it, and this starts with being prepared i.e understanding what you are investing in(making research), knowing when to manage risks, being able to keep you emotion in check whenever the market gets shaky, and lastly having a clear and definitive goal.

Well from the first paragraph the OP mentioned looking down on oneself which is a very terrible start for a new comer especially in the crypto space because the moment u look down on yourself you begin to doubt your capabilities and start questioning your decisions.

Before investing into any coin you will have to undergo a deep research about the developers and the coin capabilities and by so doing you might be able to avoid losing your money.

Being late doesn’t mean you cannot be able to achieve what others have archive with time ,consistency and so on as mentioned above by the OP, a newbie or new comer can make a very big difference.

[knowngunman]

When I first entered into the crypto space, I used to look down on myself, I mean anytime I look at most of my friends and agemate already making it in the space and doing well for themselves.

How well are they doing? Are they traders or HODlers? This is something people are still getting wrong about cryptocurrencies. They believe once you are into crypto, money will just be coming to you from nowhere like magic. Crypto doesn't print you money, it's your own money that works for you. Your friends and age mate doing well for themselves are literally financial balance than you and making good use of their money. If you don't have money to invest in the first place, joining early won't make you do well financially.

There are actually people who invested in one coin or the other in the past and still lost lost everything because they lacked the understanding of what they where investing in. There where even some of my friends who where not crypto traders but got scammed because they where advised to invest in coins they had no knowledge about...So honestly, I would have found myself in a similar situation if I had joined earlier with the same mindset I had when I first started.

Information is rampant now and also easier to get compared to olden days. People in this space earlier have limited access to information and knowledge about cryptocurrencies. Although some of them are not interested to seek knowledge about it but ready to make money from it and end up in scammers hand. Majority that joined earlier think this space is like a ponzi scheme or money doubling platforms where you get double of your initial investment as soon as possible.

Sadly, even with the abundant knowledge available at our palms now, people still have a misleading belief about this space. However, I would rather say; it's not about being early neither about being ready but about being knowledgeable.

[Slimzeee]

In everything related to bitcoin and the crypto space, the importance of arming your self with information and proper knowledge can never be overemphasized. What others have done before you should never really be of a concern to you, what is more important is doing your own personal research as you will always be advised and you will navigate efficiently, If you focus on what others has done you will never see the good in what you are capable of.
As a newbie you shouldn't also forget that some losses here and there builds experience and confidence so they shouldn't shake you.

[btcltcdigger]

When I first entered into the crypto space, I used to look down on myself, I mean anytime I look at most of my friends and agemate already making it in the space and doing well for themselves.
But over time I realized something very important which is Being early doesn't matter if you are not ready.

There are actually people who invested in one coin or the other in the past and still lost lost everything because they lacked the understanding of what they where investing in. There where even some of my friends who where not crypto traders but got scammed because they where advised to invest in coins they had no knowledge about...So honestly, I would have found myself in a similar situation if I had joined earlier with the same mindset I had when I first started.

So for the newcomers in the space don't feel that you late, note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it, and this starts with being prepared i.e understanding what you are investing in(making research), knowing when to manage risks, being able to keep you emotion in check whenever the market gets shaky, and lastly having a clear and definitive goal.

Yes, but the fact still remains, that even if you weren't ready, buying $10 worth of bitcoin in 2011 (which would be few hundred BTC back then) is much easier than being ready today, hahaha.
so in that example, being early really does outweight the "being ready part". I know few people who to this days don't know shit about crypto, but they bought few BTC back then and now are enjoying them

[OcTradism]

But over time I realized something very important which is Being early doesn't matter if you are not ready.

So for the newcomers in the space don't feel that you late, note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it, and this starts with being prepared i.e understanding what you are investing in(making research), knowing when to manage risks, being able to keep you emotion in check whenever the market gets shaky, and lastly having a clear and definitive goal.

You can spend money, purchase bitcoin and consider you are a Bitcoin investor but different investors have different endings. It depends on how they manage their finance and investment capital at beginning and along their investment journey. If they have bad financial and investment capital management, they will have high probability of exit the market even when you don't want to exit.

They can strongly believe in Bitcoin but life and financial pressure forces them to sell their bitcoins at cheap prices or worse at unprofitable prices. Intelligent investors must learn and know this risk in order to well manage their finance before and during their investment time.

[cryptoaddictchie]

But over time I realized something very important which is Being early doesn't matter if you are not ready.

Well theres lot of bitcoin whose early hasnt prepared as well and dont have any idea what will happened so they just dont mind and after few years waking up their asset is now worth a lot already. This is something an early user would definitely dreamt experiencing.

In the web3 world being early means a lot either you are not ready for the info or what. So theres some things being early will always be advantage at some point.

[Aanuoluwatofunmi]

Being early doesn't matter if you are not ready.

That's true, this just made me remember how some will start on making investment in an asset without having the necessary information on how to start about it, also, some will be less informed about bitcoin investment and yet go into it, we have some early birds investors as well, who had invested over the years and later loss appetite on holding and now they are regretting on the missed opportunity they would have taken for a change they desire, so before we can invest, we need to do our own research and have the strong understanding of the necessary things we have to put in place before starting.

[Dogedegen]

When I first entered into the crypto space, I used to look down on myself, I mean anytime I look at most of my friends and agemate already making it in the space and doing well for themselves.
But over time I realized something very important which is Being early doesn't matter if you are not ready.

Being early on its own is entirely without usefulness. Many people saw Bitcoin early, but dismissed it because they were not ready. Plenty of those people still post bad things about Bitcoin because they refuse to admit just how badly wrong they have been. Further as we are seeing now with altcoins, plenty of people are going to get a hard lesson of being early in a shitcoin does not make you a winner. They were not ready for Bitcoin, so they went the shitcoin route instead.

In the web3 world being early means a lot either you are not ready for the info or what. So theres some things being early will always be advantage at some point.

Most of web3 is complete marketing garbage though. It brings very little real benefits.

[AVE5]

When I first entered into the crypto space, I used to look down on myself, I mean anytime I look at most of my friends and agemate already making it in the space and doing well for themselves.
But over time I realized something very important which is Being early doesn't matter if you are not ready.

Put it this way; you can't see a different when you keep doing the same thing.
Your decision defines your future and once a determined heart putting efforts to work will always succeed. It's most about consistency.

There where even some of my friends who where not crypto traders but got scammed because they where advised to invest in coins they had no knowledge about...So honestly, I would have found myself in a similar situation if I had joined earlier with the same mindset I had when I first started.

Not everyone who invested earlier fell into scam, in the crypto market bitcoin has existed and trading and investing were of no worries for the blockchain users until AltCoins came in.
Later on as it goes the industry is getting occupied with shitcoins and fake coins and those mostly getting scammed are the greedy ones who get attracted of hyping and promising be quick rich coins while ignores bitcoin because the community doesn't speculates all those markets hyping skills.

Funny. If you make research and make verifications you'll always find reputable coins as bitcoin.

So for the newcomers in the space don't feel that you late, note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it, and this starts with being prepared i.e understanding what you are investing in(making research), knowing when to manage risks, being able to keep you emotion in check whenever the market gets shaky, and lastly having a clear and definitive goal.

Tomorrow can always make a huge difference in as much we're ready to begin the journey. The crypto market is strategic. If you've the capacities to handle it you'll succeed it and even double cross those who started before you. Perhaps the market is volatile.
So you investment strategies, decisions and state of emotions will always speak for you.

[m2017]

There are actually people who invested in one coin or the other in the past and still lost lost everything because they lacked the understanding of what they where investing in.

Almost all newbies go through this. I call it "buying experience and knowledge".

There where even some of my friends who where not crypto traders but got scammed because they where advised to invest in coins they had no knowledge about...

So it's your friends' fault for not doing their due diligence on the coin, not for being early.

So honestly, I would have found myself in a similar situation if I had joined earlier with the same mindset I had when I first started.

That's what I'm talking about, that everyone goes through this "test", which only a few manage to avoid. I'm sure that almost everyone has 1-2 shitcoins from "dead projects" in their wallet.

Correct thinking can't be formed in any other way.

So for the newcomers in the space don't feel that you late, note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it, and this starts with being prepared i.e understanding what you are investing in(making research), knowing when to manage risks, being able to keep you emotion in check whenever the market gets shaky, and lastly having a clear and definitive goal.

But the problem is that the above is formed only with the acquisition of experience, which is impossible without "unsuccessful investments". Rarely does anyone turn out to be so lucky as to avoid this.

[cryptoaddictchie]

Most of web3 is complete marketing garbage though. It brings very little real benefits.

Well benefits to the market? Prolly yes, but benefit to self, Id rather believe on myself being early on web3 is much better. Why? I know cause I benefited for some early web3 participation on some projects. Why would I cross thinking with that you said if I experienced it differently.

[Callido]

Being early doesn't matter if you are not ready.

I don't know if you are referring to early investment in altcoins or in Bitcoin. Early investment in Bitcoin yield better profits than investing today, we all wish we had the opportunity of buying Bitcoin when it was very low as of worth in cents instead of today when the price is worth $100K, being early comes in two ways: for altcoins investment nobody knows the worth until the market pumps while Bitcoin investment is something we know to do better in each interval of four years. Buying Bitcoin today is far better than buying with the same amount in the next four years.

[Dogedegen]

Being early doesn't matter if you are not ready.

I don't know if you are referring to early investment in altcoins or in Bitcoin. Early investment in Bitcoin yield better profits than investing today, we all wish we had the opportunity of buying Bitcoin when it was very low as of worth in cents instead of today when the price is worth $100K, being early comes in two ways: for altcoins investment nobody knows the worth until the market pumps while Bitcoin investment is something we know to do better in each interval of four years. Buying Bitcoin today is far better than buying with the same amount in the next four years.

You didn't understand the topic. Plenty of people saw Bitcoin when it was very cheap, and they dismissed it because they were not ready. Now others are also wasting time in shitcoins because they are still not ready for Bitcoin.

[Filicius]

I feel identified myself with this topic. I started my crypto-journey several years ago, but times has proven that I wasn't prepared for the opportunity Bitcoin was offering to me. I think that my biggest mistake was that I didn't have a clear plan or a definitive goal. But I agree that it is never too late for a new beginning, and we must learn from our mistakes. "What if"s are good for sci-fi, but in real life its better to keep your feet on the ground.

[Oshosondy]

Anyone that has just known about bitcoin and other coins now, thinking he is late already is only fooled by his mind. The best the person can think of is to make use of now to make something good from the coins. But he should be patient and learn and avoid what will not let him make progress. Life is about progress and not about not being early if the person did not begin it on time. No one should blame himself.

[Natalim]

Bitcoin can be too much risky, so if you invest without knowing the basic knowledge and comprehension, you will only increase the amount of risk, thus leading you to a bigger risk and inevitable losses as well. Much better if you enter bitcoin investment with good amount of preparation, so that you can assess yourself if you are that ready enough, or you are just there to satisfy your personal greed which I think would be the biggest mistake when it comes to bitcoin.

Don’t just prepare for the future losses and profits, but most importantly, prepare yourself to combat the risks. If you can successfully do that, rest assured you will hit your goals with bitcoin much easier.

[tvplus006]

note this, what really makes the difference in the long run isn't when you joined, but how well you are able to utilize this opportunity and make something useful from it...

But I think you won't argue with the fact that someone who has acquired BTC at a price of 100 bucks will have an advantage over someone who will buy bitcoin at the current price of 100 thousand dollars? You will have to work very hard to match up with those who are the old holger of BTC.

[Ojima-ojo]

Sometimes all that you need is just to start, I remember way back when I first encountered Bitcoin, I was thinking that the coin was already too expensive for me to buy, and for that I wanted to give up, but as time goes on, I picked the courage to start accumulating but by bit and before I know it, I have own a lot and still going.


No time is too early or too late, all that you need is to just start along with the it and keep being focused on the goal which is steady accumulation to build a good portfolio.