Quote from: doomloop on May 10, 2022, 07:06:10 PM

There’s never a better time for you to buy Bitcoin, I think every time is really a good time.

A clarification should be made here. If in the long term (investing), then you are absolutely right. But from a short-term position (it’s hard to call investment) this no longer works. Try saying that to those who bought a BTC recently for $40k and are willing/forced to sell now.

Quote from: doomloop on May 10, 2022, 07:06:10 PM

Whenever we have money we should always try to invest and not just keep waiting. If you keep on waiting you will always be missing out on opportunities.

It is very difficult for most people to find the ideal entry point into investing. The rest are just lucky. In anticipation, not only opportunities are lost, but also money. The longer finance is in the form of money, the faster it depreciates due to inflation.

Quote from: doomloop on May 10, 2022, 07:06:10 PM

Yes, anyone who is coming in letter would always feel like the year before them was a better year, because the price of Bitcoin would be cheaper now than what it will be in the future. But, that shouldn’t be an excuse to not invest, because as you continue to go every year the price will keep on increasing and that would be more increase in the price than what we have today.

It may take time to realize this, as happened with article's author.

Quote from: Coyster on May 10, 2022, 07:15:25 PM

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.

The mistake people make is that they were too lazy (or not interested) to learn more about the technology when they first heard about bitcoin. I think not many people here came to this forum and began to study about BTC immediately after they heard about it. Timely immersion in the information field about BTC would have made it possible to invest in it earlier, and therefore, earn money, as the author of this article wished, and he would not have to repeatedly regret the lost profits.

Quote from: Coyster on May 10, 2022, 07:15:25 PM

One thing people who want to speculate with Bitcoin should know is that they must have a large amount of patience,

and iron nerves. Otherwise, it will be difficult not to panic, as it is now, and instead of the desired profit, receive losses.