Post
Topic
Board Speculation
Re: How passionate are you buying Bitcoin now?
by
Asuspawer09
on 22/08/2023, 23:27:39 UTC
I have never been passionate making any investment than I am buying Bitcoin of recent. While a part of me is so optimistic that I am making the best decision with my funds, a part still entertain some fears. Well, I feel the aspect of fear is normal since I am not buying with 'spare money' as some people will call it... that concept of spare money does not really resonate with me as every penny I have is very important to me now. 

Actually, my little buys might not influence the price much but my joy is having Bitcoin and holding unto it with the believe I will be among those that will look back sometime in the future and congratulate myself for taking that bold step when some people were doubting and panicking.

I draw my inspiration from the saying: "you will regret more for opportunities you never took than those you took and they went bad"

Actually, it is a good strategy to buy a small amount of Bitcoin over a long period of time like the Dollar cost average since you don't really know accurately when will the market price is going to skyrocket so buying every week or every month is going to be a good strategy because, in the end, it will still going to be a profit as long as you're going to sell on the right timing like on the upcoming bull run. You did the right thing starting to invest even though you just invested a small amount I mean your not really going to understand it completely unless you start investing on it.

There was some kind of joy actually when you already own Bitcoin, and you just want to continue to invest and buy more Bitcoin, but still, even though we all believed that Bitcoin is going to be big in the future and we are going to earn a huge amount of profit in the Bullrun this is still a risky investment so make sure to only invest what you can afford to lose. And do not invest if you still doesn't have some kind savings so that you would not end up just selling you investment if you need money in case of emergency.