There are many a time me and my guys talk about Bitcoin investment and the success rate of their investment so far, often time, they’ll be like, I’ve been able to accumulate this amount of bitcoin how about you, others would be like, I wasn’t able to accumulate that much this month and/or this week base on bills I sorted out.
The next thing most of the investors in my demographic will say is, you didn’t make plans for the next month and/or you didn’t set your priorities toward accumulating during the weekend or month end.
At the end of the next month and/or week, the others will be in agitation to be able to meet up with their guys accumulating percentage, forgetting that (my parent will always use the analogy”not all fingers are equal to explain how different we are from others”) their source of income varies. Putting yourself on pressure just to meet up with your guys might lead to a guy investing with more than his discretionary fund, which we all know might lead to a guy selling his bitcoin at a time that is not of his own choosing.
I’ve come to understand that allowing oneself to be motivated by other persons achievement towards your line of action is not a bad idea, almost is a good start up point, but when you know within yourself that it’s not yet within your capacity to invest with the amount they’re able to sort out as discretionary fund for investment, it’s advice that’s you keep investing at your own pace and stop trying to prove to others what might end up as a disaster in your own path to success.
I think it has become an anthem here “Bitcoin is not a competition” there’s no awarding first position or last here. There’s no winners or losers trophy. It is just a lucrative asset or investment. We as individuals have different financial capabilities and our situations or circumstances are also different so there’s no need to pressure yourself or others, with just your discretionary income you can successfully build a successful Bitcoin portfolio.
What you and your friends are doing can serve as a motivation to keep you on your toes but not as competition to see who’s holding the highest or whatever.
