Most people want Bitcoin at the price they deserve.

[crwth]

I really feel like this could be crucial in understanding what BTC could do for your lives. It's something you want to be in the right position and not on the wrong side.

I mean, to be fair, HODLing BTC doesn't guarantee a return on your investment. You would get it due to volatility and the price increase. It's not like it could earn directly.

~snip
And hesitation is often more expensive than a high entry price.

Well, you know that since waiting would give you a cost as well. That's the position that you have. Whether you are holding cash^{(subject to inflation and missed growth)} then you lose the opportunity cost.

I think it's important that people understand what they are going to go through, and at least some exposure could help.

[Rustam Meraj]

These are typically psychological rationalizations as way to avoid responsibility for their own actions or inaction, but with "I'm too late" excuse they avoid blame. What makes situation all the more harsh is that if tomorrow Bitcoin sunk back down to its 2020 prices, very same individuals who mope about it would be on their knees and declaring it dead asset. They do not actually seek to risk their money, they seek sure profit with no pressure of marketplace. When it comes to investing, you can either have absolute security or absolute returns, not both.

People wait on sidelines for the ideal entry point but end up not entering at any time. That is why I also think DCA is so powerful in human mind. Automatic investing enables you to save money you would otherwise spend trying to time market. It changes your whole approach from keeping an eye on price candles every day, to generating long term generational wealth, transforming it from mental foe to disciplined habit.

[Youngrebel]

These are typically psychological rationalizations as way to avoid responsibility for their own actions or inaction, but with "I'm too late" excuse they avoid blame. What makes situation all the more harsh is that if tomorrow Bitcoin sunk back down to its 2020 prices, very same individuals who mope about it would be on their knees and declaring it dead asset. They do not actually seek to risk their money, they seek sure profit with no pressure of marketplace. When it comes to investing, you can either have absolute security or absolute returns, not both.

People wait on sidelines for the ideal entry point but end up not entering at any time. That is why I also think DCA is so powerful in human mind. Automatic investing enables you to save money you would otherwise spend trying to time market. It changes your whole approach from keeping an eye on price candles every day, to generating long term generational wealth, transforming it from mental foe to disciplined habit.

So many of us are not actually afraid of losing money alone, but we are afraid of making the wrong decision and later blaming ourselves for it and that is why we keep waiting for the perfect time that will never comes and I also agree with what you said about Bitcoin when the price is actually high, people say it is too late, but when the price drops heavily, they suddenly call it a dead asset.

[lovesmayfamilis]

Most of these people will never buy bitcoin because there will never be a better price for them. This has been repeatedly proven and discussed at the forum. A person who bought Bitcoin at a time when he had free funds, who found out about it not hastily, somewhere on the street, but analyzed all the pros and cons, will not look at the price. Usually, those who did not calculate their ability to hold bitcoin and sold it at the wrong moment, and those who did not wait for "their" price, regret buying, although if they had calculated the lost profit, they would definitely regret it again.

[Smartprofit]

In my opinion, this is a consequence of the well-known principle "The greater the risk, the greater the reward."🙋

For example, I learned about Bitcoin in 2014, when its price was significantly below $1,000. However, I had doubts about its prospects for price growth. I also didn't understand how to store it safely. I was very afraid of losing my coins due to some technical error, software glitch, hacker attack, or something similar...

I was afraid to take risks and therefore missed the opportunity to buy Bitcoin at a low price. Meanwhile, in 2014, 2015, and 2016, there were excellent opportunities to buy Bitcoin at a very low price.

Now Bitcoin is also very cheap if you compare its price to the price in 2036.😉 However, now people are doing exactly what I did in 2014. They are afraid to buy Bitcoin.

Sometimes I think Satoshi Nakamoto created Bitcoin specifically for smart and brave people. It's a kind of evolutionary process: the smarter and braver you are, the sooner you'll buy Bitcoin.💁

[SeriouslyGiveaway]

In my opinion, this is a consequence of the well-known principle "The greater the risk, the greater the reward."🙋

For example, I learned about Bitcoin in 2014, when its price was significantly below $1,000. However, I had doubts about its prospects for price growth. I also didn't understand how to store it safely. I was very afraid of losing my coins due to some technical error, software glitch, hacker attack, or something similar...

With Bitcoin and many years ago, there was bigger risk for people who wanted to accept Bitcoin, and spent money for their Bitcoin investment, but it's risk from Bitcoin and its uncertain future. While there are other risks on people side like how they manage their finance, manage investment capital, have discretionary income for investment, and risk management so that their investment positions are solid and safer than other investors with all these managements worse.

The saying "The greater the risk, the greater the reward" should be understood with risk from Bitcoin, not from how people manage their finance, income and risk for their own investment practice.

[ColdLava40]

Sometimes I think people are not late to Bitcoin, they are late to making decisions. And hesitation is often more expensive than a high entry price.

Lateness should not be an obstacle. It only becomes one when they allow it to.

The countless number of people who had wished for Bitcoin to be nothing today are still in shock of what it had become. Some are still in doubts, while those who understands reality are fixing their mistakes.

It doesn't matter if you were scared then. I mean everyone will be scared of a technology that new which had features the government can't control. But your actions today says alot.

It's better to start investing and stop wishing for a price that might not come. The earlier the better, you can still fix your mistakes.

[dothebeats]

Almost everyone says the same thing about Bitcoin: “I wish I bought earlier.” But when Bitcoin was cheaper, most of those same people were ignoring it, doubting it, or waiting for even lower prices.

People say they want Bitcoin at yesterday’s price, but what they really want is certainty. They want proof first, then they want the old price back lol. The problem is that conviction usualy comes after the opportunity.

When Bitcoin is quiet, people wait. When it runs, people regret. Then they say they are “late” instead of admitting they were just hesitant. This is why DCA makes more sense than prediction. It removes the fantasy of perfect timing and replaces it with consistency.

Sometimes I think people are not late to Bitcoin, they are late to making decisions. And hesitation is often more expensive than a high entry price.

Most of these people are waiting for 'confirmation' on whether this investment is legit or not, or at least some proof that people really made bank with it. They are trying to build something with the little funds they have, so risking it on a relatively unproven asset feels like it defeats their plan. Hence, they get stuck in a loop: always looking back and thinking about what could have been if they had just entered when the price was low.

The thing is, if you are unable to risk anything, you aren't going to get anything in return. People feel like they lack the data to act on something sitting right in front of them, but that’s rarely the actual problem. Mostly, it's just hesitation to pull the trigger even with a small amount to test the waters.

Someone investing just $50 back in 2018--despite how unclear Bitcoin's direction looked back then--would be sitting on a massive return right now. $50 is a relatively small amount, something most people blow on monthly subscriptions or random stuff anyway. If they just had the slightest bit of boldness to risk that tiny amount back then, they wouldn't be drowning in regret now.

Well the doors aren't really closed in investing honestly. They can still make something if they do DCA monthly. As a Chinese proverb said, the best time to plant a tree was 30 years ago. The second best time to do it is now.

[BlackHatCoiner]

Pretty much. The market doesn't reward the conviction you developed. Markets reward raw action. DCA works because it's basically a confession that you don't know, which is far more honest and actionable than 90% of the "I was waiting for a better entry" people.

The funny thing is the people who claim they're "waiting" rarely have a number in mind. If you ask them what price they'd actually buy at, they freeze.

[Cgrexp]

Most of these people will never buy bitcoin because there will never be a better price for them. This has been repeatedly proven and discussed at the forum. A person who bought Bitcoin at a time when he had free funds, who found out about it not hastily, somewhere on the street, but analyzed all the pros and cons, will not look at the price. Usually, those who did not calculate their ability to hold bitcoin and sold it at the wrong moment, and those who did not wait for "their" price, regret buying, although if they had calculated the lost profit, they would definitely regret it again.

In fact, those who think about excessive prices and delay investing because of prices have only the aim of making profits. I think those whose aim is only to make profits want to invest with a trading mentality. And most of them aim to make profits in a short time by trading. If the aim is long-term, then a person should never delay if he has all the capabilities to start. No matter what investment or trading someone does, he should also keep the loss in mind. If investing only thinking about profits and then falling, it is possible to sell at a loss due to depression and panic. Therefore, consistent investment according to one's capabilities is more effective.

[aoluain]

Almost everyone says the same thing about Bitcoin: “I wish I bought earlier.” But when Bitcoin was cheaper, most of those same people were ignoring it, doubting it, or waiting for even lower prices.

People say they want Bitcoin at yesterday’s price, but what they really want is certainty. They want proof first, then they want the old price back lol. The problem is that conviction usualy comes after the opportunity.

When Bitcoin is quiet, people wait. When it runs, people regret. Then they say they are “late” instead of admitting they were just hesitant. This is why DCA makes more sense than prediction. It removes the fantasy of perfect timing and replaces it with consistency.

Sometimes I think people are not late to Bitcoin, they are late to making decisions. And hesitation is often more expensive than a high entry price.

Absolutely correct.

Look at where the market is now circa $50,000 ^{yes you read it correctly $50,000} discounted
from the last ATH, everyone realistically should be selling everything they dont need and
buying Bitcoin.

The same thing will happen when the market hits $300,000, there will be some people saying
they should have bought (more) when it was $75,000.

Its just there are people who need to see proof that the market isnt going to ZERO. Unfortunately
for them that proof might require the market to cross the ATH.

[ZAINmalik75]

When Bitcoin is quiet, people wait. When it runs, people regret. Then they say they are “late” instead of admitting they were just hesitant. This is why DCA makes more sense than prediction. It removes the fantasy of perfect timing and replaces it with consistency.

Sometimes I think people are not late to Bitcoin, they are late to making decisions. And hesitation is often more expensive than a high entry price.

It is typical human nature and it is not only associated with Bitcoin but with every asset. When people are thinking of buying but do not actually buy, and then the asset pumps, they end up regretting it. That is how humans usually react. But if we want to make profit, we should not only look at platforms that have already achieved most of their growth. We also need to invest in assets that still have a lot of room to grow.

Analysts have said many times that the market cap of Bitcoin is still low compared to the demand it could see in the next decade. Some even say it could reach 10 trillion. Still, many people with a short term mindset are not buying because they think they might have to wait too long to see real returns. But life is short, and most of the time we waste it thinking instead of taking small steps. Those small steps could have improved our situation over time.

[Finestream]

It's hard to make firm decisions when you are still in the state of hesitation. That's why its not surprising why a lot of investors end up investing in late, although it isn't actually late in real sense, but if they could have made up their mind 5 or 10 years ago, I'm sure they would have already made excellent profits with bitcoin investment.

The problem is, most people are risk-averse and would want to always play it safe. They forgot to realized that bitcoin investment is risky in nature, if they are not ready to lose, then they won't be making profits as well in the near future.

[stadus]

I understand that people have the right to be hesitant with bitcoin especially that its a highly, risky asset, and once the decision to invest is made, its as good to say that any time losses will take place, while there is no certainty to experience the real profits.

The reason why until now, people are still dreaming to invest in bitcoin especially when they hear successful stories about bitcoin investors, but when they have all the opportunity to enter the market, to maximize their first purchase, their hesitations grow not because they are more fearful than risk-takers, but because they want to secure instant results from bitcoin, when everyone knows bitcoin creates no certain outcomes.

[Rgram]

You said all the right things here, I didn’t know which to cut and respond to as, they all point to a certain truth about how this space works.

The idea has being buy the dip, buy when it’s rising but, you wouldn’t find many people doing that. A lot of persons would have that as the plan but, the unpredictable nature of the market would always get to them first.

While people are always about certainty before they invest, should they find Bitcoin at a formal price dating back to the genesis days of Bitcoin, you wouldn’t find many new investors. People would loose hope in Bitcoin and seek alternatives outside the cryptocurrency space because, altcoins would be down too.

[Botnake]

Most of the people who wants this to happen is the middle-class people. They don't have the sufficient fund to raise their life standard. They work hard and with the earning they just lead the life. When they need to add something to their investment portfolio, they need to sacrifice some sort of comfort from the month's allocation. So, it was difficult for them to have $10 when the bitcoin price was $100. Now the same person will be earning in thousands, but he'll be having the same difficulty to spend $7500 with the current price of bitcoin around $75k. They missed it and now also they find it hard, so they find an escape they missed to invest at the lowest.

It certainly makes a difference if you invest out of nothing than those who invested with sufficient amount of money on hand. The fear to lose is high that's why you want security that your small capital will not go wasted, and will eventually paid off and make you more profitable.

You want more certainty and beat the uncertainty that this volatile market often brings. It's like you invested on your own terms and conditions, and ignore the real nature of bitcoin investment. That's why most people end up investing in bitcoin late, not because of insufficient capital, but because they set too high expectations that any kind of investment cannot guarantee.

[Mate2237]

Sometimes I think people are not late to Bitcoin, they are late to making decisions. And hesitation is often more expensive than a high entry price.

The truth is most of the people regreting today and wants the price of Bitcoin to move back to when the price was okay and cheaper according to them. Will likely also complain with regret tomorrow when the price of Bitcoin Once again moves pass this level it's finds itself. Because Bitcoin is never too late we are the people who are actually late to Bitcoin due to reasons best known to us. This has been the complain that the price is too high but , the truth of the matter is that no body should expect the price of Bitcoin to drop backward again.



Bitcoin has shown to be consistent in terms of it growth since it launching, anyone waiting to buy Bitcoin when the price will be in favour of his or her plan will miss the chance of owning Bitcoin today.  The best option is to start today there is DCA method which can help those who are not financially stable build their Bitcoin in a way that will not affect the investor.

[Cookdata]

Almost everyone says the same thing about Bitcoin: “I wish I bought earlier.” But when Bitcoin was cheaper, most of those same people were ignoring it, doubting it, or waiting for even lower prices.

People say they want Bitcoin at yesterday’s price, but what they really want is certainty. They want proof first, then they want the old price back lol. The problem is that conviction usualy comes after the opportunity.

When Bitcoin is quiet, people wait. When it runs, people regret. Then they say they are “late” instead of admitting they were just hesitant. This is why DCA makes more sense than prediction. It removes the fantasy of perfect timing and replaces it with consistency.

Sometimes I think people are not late to Bitcoin, they are late to making decisions. And hesitation is often more expensive than a high entry price.

There was a time Bitcoin was so lonely without existence of institutional investors, common retailers buy at low and run to sell immediately Bitcoin makes a new all time high until institutions comes around and started buying in bulk. Many people didn't catch the train on time because they don't believe such asset will be so valuable that some companies will spend billions buying and that changed many views of buyers that if a company can spend billions to buy Bitcoin, then they have nothing to lose with their small change.

This isn't about Bitcoin alone, there are people that don't make moves about anything in life until they see other people doing it and by that time, the bottom might be out already. Didn't people changed mind recently when Bitcoin was dumping just ending of last year here? They quickly changed their conviction because they saw that strategy has refused to sell their Bitcoin and has decided to hold, this was what gave them confidence, many people don't know how to act alone.

[Patikno]

Almost everyone says the same thing about Bitcoin: “I wish I bought earlier.” But when Bitcoin was cheaper, most of those same people were ignoring it, doubting it, or waiting for even lower prices.

If, there are people who regret the rise in Bitcoin price, and feel they bought it too late, they should learn from their regrets. They should start learning from their mistake of not seeing Bitcoin as something that is truly useful, and has the potential to continue to increase in price. Currently, Bitcoin is becoming increasingly well-known around the world. It has been adopted by companies, institutions, or countries. So, they should have learned, see the good news about Bitcoin, and used it as an important lesson to make a mature decision with full confidence to Bitcoin.

By the way, you also need to learn from people who have regretted buying Bitcoin too late. I often hear this, almost every year someone says this. Therefore, try to understand Bitcoin, starting from the basics, and working your way up to an advanced level. I am sure, you will understand the many benefits and uses of Bitcoin, and it will lead someone to realize to its price, that potentially continuing to rise. I think Bitcoin is presenting an opportunity for us to buy it at its current (relatively cheap) price. So, try to take advantage of it, and I am sure you won't regret it later.

[Bitcoin_people]

Basically, we know that those who do not think much about Bitcoin will never be able to invest. There are many people who wait more to buy when the price of Bitcoin is low, maybe the market will go down further. But whenever the Bitcoin market rises, they regret why they bought it. Basically, it is their mental problem. If a person really wants to buy Bitcoin and hold it for a long time, then of course he will never wait for the market to fall. Rather, they will try to invest in the DCA method and they will adopt this strategy. Even if the market falls, it will not affect them much and if it increases, they will continue to make profits. The biggest mistake of people is their hesitation, which makes them not think positively about the future. If people buy Bitcoin without delay, it will reflect well on them in the future and if they buy it late, it will be a regret for them.