Investment Become Gambling

[laijsica]

If people continue Procrastinate investing in bitcoin they will delay  starting their investments journey so procrastination is bad and it is time wasting trying to learn everything before investing bitcoin. Bitcoin is best understood when you involved in practically than theory so instead of wasting time trying to gather every knowledge in bitcoin they should starting investing and the knowledge they seek will follow. Investors should stop delaying starting their bitcoin investment investing they should begin investing consistently and hold for the long term 4-10 years if they have discretionary income available.

Procrastination is a delay factor which investors should not allow themselves to be victim of such, even though there is a saying that we can start at anytime, we should also know that time waits for nobody, we do say that when ones discreationary income is ready nothing to wait for again which is true, do w beginner need advance knowledge to start investing in Bitcoin, the very best answer is no and no, the word beginner is someone with little or no knowledge at all so it means a beginner knowledge is expected to be basic, then learning can go ahead when he has started investing already.

There is no end to learning in reality but having basic knowledge to start with Bitcoin is essential. The time of depositing Bitcoin should be considered as a learning period because you need a discretionary income for investment. And that is enough for you to start with Bitcoin. If you want to learn the depth of Bitcoin or to learn about technical issues, you should analyze the market and do the necessary research along with Bitcoin depositing. Just like a child is aware of the local currency at an early stage acquiring knowledge about Bitcoin is almost at the same stage.

[LOVER BOY 422]

Year 2023. I started investing in Bitcoin. The market has fluctuated many times until now. However, I have always had a long-term goal. Although I had to sell once due to circumstances, but I started investing again.

However, a few weeks after my investment, a close friend of mine also started investing. He also talked about long-term investment. Our goals were similar. However, even though the goals were the same, our behavior was not the same over time, and this is where the difference between investment and gambling was created.

He start take profits when price increased. After doing this a few times, he started monitoring the market regularly and analyzing the opinions of YouTube and Telegram. At one point, he started making decisions with the market fluctuations. Sometimes he would buy out of FOMO and sometimes he would sell out of panic. In this way, he would make profits at times and sometimes he would lose.

 Even when I warned him about such behavior, he  misunderstand me that maybe I did not want to let him make a profit.
However, at one point, after significant financial loss, he realized his mistake. The problem was in his behavior.  He had the ability to continue investing well in the long term and even though he started investing with this intention, due to his inability to control his behavior, the investment turned into a gamble. 

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

✨

Yeah , I do believe in mental and behavioral control is just as vital as financial and risk management, if not more vital. A solid investment strategy can easily fail when emotions and improper actitudes take over decisions making.
Many folks started with a long term plan, but due to greed ,fear and panic often cause them to forget it . That's when investment begins to resemble gambling. The difference is not only in the assets being purchased, but in the actitude of the investor holding it.

Risk management protests capital, while emotional discipline protects  the folks from making a high mistakes.
Without self control, even the the best strategy can be undermine by impulsive decisions. In the way , successful investing is often less about predicting the market and more about managing yourself.

[BluebloodCXVI]

Wasting time on acquiring more knowledge before investing is just procrastination and we doing that we are wasting much time and a lot of opportunities from the market. No need to wait and seek knowledge before investing we can start as soon as possible because there isn’t need for much knowledge before starting, knowledge can come along the way.
The moment we have the  availability of our discretionary income then we can start as soon as possible. Basic knowledge is absolutely enough to start then along the way we can increase our knowledge. Prioritizing knowledge over investment shows reluctance and that not a good mindset.

It's more of a misplaced priority, they believe that without the knowledge they will not be able to invest and that's what pushes them to want to acquire knowledge first but the simple truth is that for a newbie to start accumulating bitcoin they don't need to know everything about bitcoin, starting first is the smart way to go, the knowledge can be gotten as you invest using your discretionary income, with time the person will know what they need to know and their investment would have already grown to a good place by then.

Even the holy book said "my people perish because of lack of knowledge" It signifies ignorance and that's what dealing with many newbies cause if they're aware that they don't need to spend more time studying but get their discretionary funds ready to start accumulating they would've started buying already then understand the investment better in the long run but out of ignorance many of them spend their time studying as if Bitcoin was some engineering project that needed to be studied properly before embarking on it. It's not like having knowledge about Bitcoin is not good but it's a volatile asset that's unpredictable so you have to buy at any opportunity before the price goes higher, but some spend time studying it and miss those opportunities.

Perhaps i would have said “Ride on Pastor”😂, but your statements seem to be contradicting each other since you already made a bible reference about the importance of knowledge but you still went ahead to say that focusing on studying bitcoin or gaining knowledge about it is unnecessary or harmful, these two ideas you proclaimed don’t seem to align well in this your logic.
For an asset like bitcoin, I don’t think a newbie investor doesn’t really need to be an expert before they can start investing and accumulating it but they still need to understand the risks, volatility and security before they start to put money into it.
Certainly, most people are not missing out on the opportunities in bitcoin just because they are studying about it too much, most of them missed out on the opportunities either because they jumped in without having any structure or because they kept waiting for the perfect clarity that never even came. So i would advise newbies to just learn enough things about bitcoin to make them confident and then they should stay consistent once they start.

[yixichloro2xx]

Year 2023. I started investing in Bitcoin. The market has fluctuated many times until now. However, I have always had a long-term goal. Although I had to sell once due to circumstances, but I started investing again.

However, a few weeks after my investment, a close friend of mine also started investing. He also talked about long-term investment. Our goals were similar. However, even though the goals were the same, our behavior was not the same over time, and this is where the difference between investment and gambling was created.

He start take profits when price increased. After doing this a few times, he started monitoring the market regularly and analyzing the opinions of YouTube and Telegram. At one point, he started making decisions with the market fluctuations. Sometimes he would buy out of FOMO and sometimes he would sell out of panic. In this way, he would make profits at times and sometimes he would lose.

 Even when I warned him about such behavior, he  misunderstand me that maybe I did not want to let him make a profit.
However, at one point, after significant financial loss, he realized his mistake. The problem was in his behavior.  He had the ability to continue investing well in the long term and even though he started investing with this intention, due to his inability to control his behavior, the investment turned into a gamble. 

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

✨

Yeah , I do believe in mental and behavioral control is just as vital as financial and risk management, if not more vital. A solid investment strategy can easily fail when emotions and improper actitudes take over decisions making.
Many folks started with a long term plan, but due to greed ,fear and panic often cause them to forget it . That's when investment begins to resemble gambling. The difference is not only in the assets being purchased, but in the actitude of the investor holding it.

Risk management protests capital, while emotional discipline protects  the folks from making a high mistakes.
Without self control, even the the best strategy can be undermine by impulsive decisions. In the way , successful investing is often less about predicting the market and more about managing yourself.

You are right, people often forget the role of having the proper mindset plays in our investment journey. Another thing I would like to point out is how people have unrealistic expectations on  Bitcoin , mostly people who are just getting started with Bitcoin. A lot of people  get disappointed  when the price of Bitcoin doesn't move the way they imagine because their whole mentality is on expecting quick results. When an investor sets their expectations so high, every small drop in the market feels like a big problem. But if they can understand that Bitcoin growth takes time,  it becomes easier to stay calm and keep going. In the long run it's someone who has enough patience, discipline , and consistency that truly get rewarded.

[Versatile_choice]

Many folks started with a long term plan, but due to greed ,fear and panic often cause them to forget it . That's when investment begins to resemble gambling. The difference is not only in the assets being purchased, but in the actitude of the investor holding it.

You're right about that, another thing is lack of patient, if you're this set of people who doesn't have patient in what you do, then the Long term investment might be a little bit tough for you. Just as you have said that many folks started with a Long term plan, of course it's due to the fact that they are not always patient in whatever thing they do that made them forget thier plans, these set of people may be needing enough discipline to enable them stick to whatever plans they make.

However, investment can also become gambling if you don't make the right choice of Investment for example; Investing in shitcoins can also be seen as gambling.

[Princess Leah]

Many folks started with a long term plan, but due to greed ,fear and panic often cause them to forget it . That's when investment begins to resemble gambling. The difference is not only in the assets being purchased, but in the actitude of the investor holding it.

You're right about that, another thing is lack of patient, if you're this set of people who doesn't have patient in what you do, then the Long term investment might be a little bit tough for you. Just as you have said that many folks started with a Long term plan, of course it's due to the fact that they are not always patient in whatever thing they do that made them forget thier plans, these set of people may be needing enough discipline to enable them stick to whatever plans they make.

However, investment can also become gambling if you don't make the right choice of Investment for example; Investing in shitcoins can also be seen as gambling.

Nothing concerns Bitcoin investment with someone that's impatient, it's just like pouring water into a basket cause at the end the person would end up selling too quick which is against the long-term concept of the investment, except the person realise that selling quickly is a mistake and try to correct it by developing a habit of being patient with the investment.

 It's even more better to invest in visible assets like Land, Gold or Silver, than shitcoins, those are trustworthy assets that's been existing even before Bitcoin and can be held for long-term too, holding shitcoins is a very big risk, when it comes to digital assets that can be held for long-term is either Bitcoin or nothing.

[JayJuanGee]

Wasting time on acquiring more knowledge before investing is just procrastination and we doing that we are wasting much time and a lot of opportunities from the market. No need to wait and seek knowledge before investing we can start as soon as possible because there isn’t need for much knowledge before starting, knowledge can come along the way.
The moment we have the  availability of our discretionary income then we can start as soon as possible. Basic knowledge is absolutely enough to start then along the way we can increase our knowledge. Prioritizing knowledge over investment shows reluctance and that not a good mindset.

It's more of a misplaced priority, they believe that without the knowledge they will not be able to invest and that's what pushes them to want to acquire knowledge first but the simple truth is that for a newbie to start accumulating bitcoin they don't need to know everything about bitcoin, starting first is the smart way to go, the knowledge can be gotten as you invest using your discretionary income, with time the person will know what they need to know and their investment would have already grown to a good place by then.

Even the holy book said "my people perish because of lack of knowledge" It signifies ignorance and that's what dealing with many newbies cause if they're aware that they don't need to spend more time studying but get their discretionary funds ready to start accumulating they would've started buying already then understand the investment better in the long run but out of ignorance many of them spend their time studying as if Bitcoin was some engineering project that needed to be studied properly before embarking on it. It's not like having knowledge about Bitcoin is not good but it's a volatile asset that's unpredictable so you have to buy at any opportunity before the price goes higher, but some spend time studying it and miss those opportunities.

Perhaps i would have said “Ride on Pastor”😂, but your statements seem to be contradicting each other since you already made a bible reference about the importance of knowledge but you still went ahead to say that focusing on studying bitcoin or gaining knowledge about it is unnecessary or harmful, these two ideas you proclaimed don’t seem to align well in this your logic.
For an asset like bitcoin, I don’t think a newbie investor doesn’t really need to be an expert before they can start investing and accumulating it but they still need to understand the risks, volatility and security before they start to put money into it.
Certainly, most people are not missing out on the opportunities in bitcoin just because they are studying about it too much, most of them missed out on the opportunities either because they jumped in without having any structure or because they kept waiting for the perfect clarity that never even came. So i would advise newbies to just learn enough things about bitcoin to make them confident and then they should stay consistent once they start.

I understand MainIbem's post as potentially being confusing, yet I don't consider the contents to be contradicting itself from within.

In other words, the right knowledge for newbies is the knowledge to get started investing in bitcoin as soon as possible based on their discretionary funds, and to assess how they get started based on their discretionary funds and their cashflow management.

The distraction that sufficient/adequate knowledge of various details of bitcoin is needed remains a distraction that likely delays or even stops a good number of newbies from getting started buying bitcoin when they already have sufficient means to get started and to continue to learn about the details of bitcoin and further about their cashflow management practices as they are ongoingly buying bitcoin within reasonable portions of their discretionary funds.

There are many of us who consider knowledge and ongoing learning to be quite important in regards to both bitcoin investing and cashflow management, yet it also seems that an overwhelming number of folks who already have discretionary funds, have the ability to get started investing in bitcoin and to likely downwardly adjust their starting out approach to bitcoin accumulation as they likely will become more and more comfortable through both actively buying bitcoin and also actively paying attention to what they are doing to make sure that they stay within reasonable bounds of their discretionary income and any evolving aspects of their own circumstances.

Sure, there are some guys who are lazy and do not want to learn and who think that they know everything, and even if guys might have a lot of knowledge, there likely are ongoing needs to pay attention to bitcoin and to tailor their bitcoin investment approach to their 9 individual factors and perhaps even to strengthen their own awareness of their 9 individual factors and how they might end up changing with the addition of bitcoin into their investment portfolio.

Getting distracted by trading and/or shitcoins can be other ways that newbies might lack sufficient knowledge, so if they don't recognize bitcoin as the one to learn first and to invest in bitcoin and not to get distracted by shitcoins, then surely that could be another way that their lack of knowledge could come back to bite them.. and yeah, it is not necessary common sense that guys are not going to get lured into trading and/or shitcoins, so somehow newbies have to figure out how to sort through good information and bad information so that they do not get lured into trading and/or shitcoins.

It's even more better to invest in visible assets like Land, Gold or Silver, than shitcoins, those are trustworthy assets that's been existing even before Bitcoin and can be held for long-term too, holding shitcoins is a very big risk, when it comes to digital assets that can be held for long-term is either Bitcoin or nothing.

Huh?   Within this bitcoin thread, you believe that there is some value in pointing out that land, gold and silver are less shitty shitcoins? 

[ASloveapg]

It is not a bad idea for a newbie to learn or acquire knowledge about bitcoin as long as they are not waiting to gain the knowledge before starting to invest in bitcoin . It is only when a newbie decides to wait or delay investing in bitcoin with the idea that they want to learn about bitcoin before starting that's when it is wrong.

It is pointless and needless for person to be delaying theriself and be waiting to learn everything before starting. because there is less value in bitcoin theory than when gained in practice. It is the experience that person gain from ongoingly investing that can teach person better about bitcoin. And since bitcoin is a long time investment, the best understanding come gradually with experience rather than trying to master all things upfront. Person can start investing small and figure out other things as they are ongoingly investing.

A gambler can start investing in such a simple way if he wants, at first he can start with a very small amount according to his ability only through common sense. But people cannot do this, they tend to complicate very simple things, they think that to start investing you have to know everything, a large amount of money is required, it is a very difficult task, due to this kind of thinking they cannot start investing in the end. Whereas starting investing is a very easy task and only after starting investing we can take everything to a bigger level, keep the investment driven and know Bitcoin in all ways, increase the amount of investment, everything will be done, you just need to start investing with courage first.

[Don Saga]

Year 2023. I started investing in Bitcoin.

In the year 2023, bitcoin had quite a bullish run with about 150% price increase. So that must be what instigated the steady buy and dump strategy, he got too excited with the little gains without having to stick to the plan for long term. But the market is no man's friend, he should know well not to play with volatility.

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

Risk management is a technical approach but it takes discipline to remain on track and not get buried in the market. One with a solid mind control game would always focus on the plan amd avoid getting drowned in the losses.

[Princess Leah]

~

Huh?   Within this bitcoin thread, you believe that there is some value in pointing out that land, gold and silver are less shitty shitcoins? 

Don't get me wrong Jay, that's not an advise to anyone but speaking for myself that asides investing in Bitcoin i could diversify some extra cash to those other investment options than shitcoins. Maybe i didn't put it in the right way for you to understand better but it shouldn't confuse you nor convince other to leave Bitcoin for the ones I mentioned.

 Bitcoin is currently the best form of investment in our time that's why I noted that for digital assets it's either Bitcoin or nothing cause it has the potential of doing better than other investment options.

[Lenubari]

Don't get me wrong Jay, that's not an advise to anyone but speaking for myself that asides investing in Bitcoin i could diversify some extra cash to those other investment options than shitcoins. Maybe i didn't put it in the right way for you to understand better but it shouldn't confuse you nor convince other to leave Bitcoin for the ones I mentioned.

 Bitcoin is currently the best form of investment in our time that's why I noted that for digital assets it's either Bitcoin or nothing cause it has the potential of doing better than other investment options.

I also agree that your statement "Bitcoin or nothing" was specifically in the context of digital assets. Bitcoin has proven itself over time and has outperformed most alternatives, which is why many investors see it as the safest and strongest option in the crypto space.
That said, diversification and Bitcoin conviction are not mutually exclusive. Someone can have Bitcoin as the core of their portfolio while allocating a small portion of their funds to other investments based on their risk tolerance and financial goals. The important thing is understanding what you're investing in and not letting hype drive decisions.

[Big Dirams]

Year 2023. I started investing in Bitcoin.

In the year 2023, bitcoin had quite a bullish run with about 150% price increase. So that must be what instigated the steady buy and dump strategy, he got too excited with the little gains without having to stick to the plan for long term. But the market is no man's friend, he should know well not to play with volatility.

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

Risk management is a technical approach but it takes discipline to remain on track and not get buried in the market. One with a solid mind control game would always focus on the plan amd avoid getting drowned in the losses.

The long term mindset of investing in bitcoin is the smart approach which we can see the high value and high potential of bitcoin. The short term mindset  won’t allow us to see how far we can go with bitcoin investment and it won’t show us the greatness of bitcoin instead we will keep seeing and hearing more about people’s experiences in bitcoin let push our short term mindset away and focus on the long term value.
Let forget about all this short term gains and benefits and put much focus into building something massive with bitcoin.

[liasbaa]

It is not a bad idea for a newbie to learn or acquire knowledge about bitcoin as long as they are not waiting to gain the knowledge before starting to invest in bitcoin . It is only when a newbie decides to wait or delay investing in bitcoin with the idea that they want to learn about bitcoin before starting that's when it is wrong.

It is pointless and needless for person to be delaying theriself and be waiting to learn everything before starting. because there is less value in bitcoin theory than when gained in practice. It is the experience that person gain from ongoingly investing that can teach person better about bitcoin. And since bitcoin is a long time investment, the best understanding come gradually with experience rather than trying to master all things upfront. Person can start investing small and figure out other things as they are ongoingly investing.

A gambler can start investing in such a simple way if he wants, at first he can start with a very small amount according to his ability only through common sense. But people cannot do this, they tend to complicate very simple things, they think that to start investing you have to know everything, a large amount of money is required, it is a very difficult task, due to this kind of thinking they cannot start investing in the end. Whereas starting investing is a very easy task and only after starting investing we can take everything to a bigger level, keep the investment driven and know Bitcoin in all ways, increase the amount of investment, everything will be done, you just need to start investing with courage first.

A person cannot participate in investment only if he has a large amount of funds. To invest, you need to be patient and have the ability to manage funds. If you have a small amount of funds and you have the courage to invest and the ability to take risks, you should start Bitcoin. It is not enough to have funds, you should accumulate Bitcoin regularly through discretionary income so that there is no disruption in long-term investment management. If you have additional funds available, you can start accumulating Bitcoin right away without any obstacles. Those who think investment is difficult have never tried, but those who started once were brave and found it easy and were tempted by long term investment.

[SPIDERMAN008]

Year 2023. I started investing in Bitcoin.

In the year 2023, bitcoin had quite a bullish run with about 150% price increase. So that must be what instigated the steady buy and dump strategy, he got too excited with the little gains without having to stick to the plan for long term. But the market is no man's friend, he should know well not to play with volatility.

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

Risk management is a technical approach but it takes discipline to remain on track and not get buried in the market. One with a solid mind control game would always focus on the plan amd avoid getting drowned in the losses.

The long term mindset of investing in bitcoin is the smart approach which we can see the high value and high potential of bitcoin. The short term mindset  won’t allow us to see how far we can go with bitcoin investment and it won’t show us the greatness of bitcoin instead we will keep seeing and hearing more about people’s experiences in bitcoin let push our short term mindset away and focus on the long term value.
Let forget about all this short term gains and benefits and put much focus into building something massive with bitcoin.

Short-term investing is basically like gambling, where the market is completely uncertain. But in the long term, the fact that Bitcoin's price can change significantly and actually increase can be seen by comparing the past price with the current price. Although it is not a guarantee, all things considered, it creates the belief that the price will actually increase. But for long-term investment, proper fund management is more important. In this case, people make more mistakes and they move from investing in Bitcoin to a trading mindset. This causes huge financial losses. One should never invest in Bitcoin based on such short-term price movements.

[The Founding Titan]

Year 2023. I started investing in Bitcoin.

In the year 2023, bitcoin had quite a bullish run with about 150% price increase. So that must be what instigated the steady buy and dump strategy, he got too excited with the little gains without having to stick to the plan for long term. But the market is no man's friend, he should know well not to play with volatility.

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

Risk management is a technical approach but it takes discipline to remain on track and not get buried in the market. One with a solid mind control game would always focus on the plan amd avoid getting drowned in the losses.

The long term mindset of investing in bitcoin is the smart approach which we can see the high value and high potential of bitcoin. The short term mindset  won’t allow us to see how far we can go with bitcoin investment and it won’t show us the greatness of bitcoin instead we will keep seeing and hearing more about people’s experiences in bitcoin let push our short term mindset away and focus on the long term value.
Let forget about all this short term gains and benefits and put much focus into building something massive with bitcoin.

Anyone who actually wants to invest in bitcoin won't be thinking short term, the idea of short term investment is actually trading where traders are masquerading as investors and tagging what they are doing a ',short term investment' with bitcoin it's only on investment if it's long term, anything else that claims to be an investment will come from a gambling trader, and also you will find that those who push for 'short term investment' don't usually limit their supposed investment to their discretionary income, since their target is short term they are willing to risk more than just their discretionary income.

[Rockson1]

Anyone who actually wants to invest in bitcoin won't be thinking short term, the idea of short term investment is actually trading where traders are masquerading as investors and tagging what they are doing a ',short term investment' with bitcoin it's only on investment if it's long term, anything else that claims to be an investment will come from a gambling trader, and also you will find that those who push for 'short term investment' don't usually limit their supposed investment to their discretionary income, since their target is short term they are willing to risk more than just their discretionary income.

A real investor don't have any business with short term, the set of people that have such as their plan before anything is traders, they are alwyas after profit, that is why they always mention profit all the time, they are just after making profit, they are the ones that check that market status all the time, so inquisitive to make profit.
They are not investing in bitcon for any other thing than profit, they are mainly they set of people that panic when the price of Bitcoin dip, while real investors are leveraging on that opportunity to buy more on a lower price, they are busy panicking about the price that will eventually rise in the future.

[laijsica]

Anyone who actually wants to invest in bitcoin won't be thinking short term, the idea of short term investment is actually trading where traders are masquerading as investors and tagging what they are doing a ',short term investment' with bitcoin it's only on investment if it's long term, anything else that claims to be an investment will come from a gambling trader, and also you will find that those who push for 'short term investment' don't usually limit their supposed investment to their discretionary income, since their target is short term they are willing to risk more than just their discretionary income.

A real investor don't have any business with short term, the set of people that have such as their plan before anything is traders, they are alwyas after profit, that is why they always mention profit all the time, they are just after making profit, they are the ones that check that market status all the time, so inquisitive to make profit.
They are not investing in bitcon for any other thing than profit, they are mainly they set of people that panic when the price of Bitcoin dip, while real investors are leveraging on that opportunity to buy more on a lower price, they are busy panicking about the price that will eventually rise in the future.

Those who expect profit through short-term projects are at risk of being involved in gambling. Short-term trading is as risky as gambling. Basically, almost all investors have the intention of making profit but those who expect it in the short term have a trading mindset. And trading is always risky and most traders risk their capital and some sell at a loss out of panic.

Plan to buy Bitcoin for the long term regardless of the investment price. If you do not want to take risks in investing, accumulation Bitcoin regularly and consistently through discretionary income. Traders always spend their time monitoring the market and focus on the portfolio without spending time on important activities around them. Just as there are health risks in trading strategies, there is also the possibility of losing capital.

Smart people always focus on long term investments in fact they maintain their financial solvency and build a decent Bitcoin portfolio for the future.

[GIF-JOBS]

Year 2023. I started investing in Bitcoin.

In the year 2023, bitcoin had quite a bullish run with about 150% price increase. So that must be what instigated the steady buy and dump strategy, he got too excited with the little gains without having to stick to the plan for long term. But the market is no man's friend, he should know well not to play with volatility.

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

Risk management is a technical approach but it takes discipline to remain on track and not get buried in the market. One with a solid mind control game would always focus on the plan amd avoid getting drowned in the losses.

The long term mindset of investing in bitcoin is the smart approach which we can see the high value and high potential of bitcoin. The short term mindset  won’t allow us to see how far we can go with bitcoin investment and it won’t show us the greatness of bitcoin instead we will keep seeing and hearing more about people’s experiences in bitcoin let push our short term mindset away and focus on the long term value.
Let forget about all this short term gains and benefits and put much focus into building something massive with bitcoin.

If we want good results from Bitcoin, we must develop a long-term mindset. Short-term Bitcoin trading is like gambling, and nothing good can ever be expected from it. If we want to build a good financial foundation for the future, we must be prepared to hold on for the long term. We will never achieve anything good by trading in the short term, here we will most often face losses rather than gains. The price moves very volatilely, which is impossible to predict, so it is also very impossible to profit from it in the short term.

[Plutomanian]

If we want good results from Bitcoin, we must develop a long-term mindset. Short-term Bitcoin trading is like gambling, and nothing good can ever be expected from it. If we want to build a good financial foundation for the future, we must be prepared to hold on for the long term. We will never achieve anything good by trading in the short term, here we will most often face losses rather than gains. The price moves very volatilely, which is impossible to predict, so it is also very impossible to profit from it in the short term.

The prices in the market are unstable, it's very volatile and we can make huge profits with our own pattern. Our mindset is everything in the market. If we're planning to succeed in the market, we start to thinking positively in the market, knowing our principles and abiding by it. Although it would take quite a huge disciplinary action to stay up and going in the market but we can pass this hurdle and become someone great, a trader that his reputation precedes him already in the market.

[sotelorene]

If people continue Procrastinate investing in bitcoin they will delay  starting their investments journey so procrastination is bad and it is time wasting trying to learn everything before investing bitcoin. Bitcoin is best understood when you involved in practically than theory so instead of wasting time trying to gather every knowledge in bitcoin they should starting investing and the knowledge they seek will follow. Investors should stop delaying starting their bitcoin investment investing they should begin investing consistently and hold for the long term 4-10 years if they have discretionary income available.

Procrastination is a delay factor which investors should not allow themselves to be victim of such, even though there is a saying that we can start at anytime, we should also know that time waits for nobody, we do say that when ones discreationary income is ready nothing to wait for again which is true, do w beginner need advance knowledge to start investing in Bitcoin, the very best answer is no and no, the word beginner is someone with little or no knowledge at all so it means a beginner knowledge is expected to be basic, then learning can go ahead when he has started investing already.

Procrastination is a major hindrance or a barrier because it can make someone not to achieve what they are supposed to achieve and the causes or what brings about this behavior is always wanting to be comfortable at all time, and once someone have the spirit of procrastination they will start manifesting immediately. There is saying that " in always wanting to be comfortable,  you will become lazy" and that is what procrastination does, you don't only miss opportunities you also become lazy but anyone who is ready and willing to make a difference should put away this behavior.