Quote from: m2017 on Today at 06:55:43 PM

Recently, BTC price has fallen by about 25% from the price that has been stable for a long time. Here it is, a moment that few will take advantage of, because most will find another excuse to do nothing and be glad that "the fools who bought bitcoin at a loss." They will start plotting to buy when the price rises by 25%. 50% will learn how to practically do it. At 75% - spend all their money on BTC, and at 100% - they will borrow and buy it.

It is what it is, and sometimes i can't completely blame people who only suddenly become interested when there is a sudden hike in the price of Bitcoin, the risk is something they prolly weren't ready to handle (with the mindset it could continue to go down), and you can also add that they prolly have a faint knowledge of the network (epecially its history) or they have been cajoled by the media to believe negative things about the network.

One thing people who want to speculate with Bitcoin should know is that they must have a large amount of patience, it is easier for your eyes to light up when the market is great and when prices are appreciating, but what of when there is a correction period, would you panic and be affected by FUD. The best way to grow a Bitcoin portfolio is to adopt a strategy, especially for those who are not financially stable to buy a lot at one go, DCA is one strategy that could help, and in the long run they could have something worth hodling, it is far much better than only being interested when there is an appreciation in price, that way you always miss out, of course that is if you are a speculator.