Post
Topic
Board Speculation
Re: How passionate are you buying Bitcoin now?
by
Quidat
on 29/08/2023, 18:46:34 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"
In a normal circumstances investment in cryptocurrency and especially in bitcoin suppose have done with a spare money but some people doesn't understand perfectly that investing with a spare money you won't be conscious over desperate in monitoring if you are making profits in your bitcoin investment or not, so that is one of the reason while are been advised to ensure they use their spare money for cryptocurrency investment, secondly is because the price of bitcoin never be stagnant or stand on one particular price for periods of time, so what I want you to understand in bitcoin investment, is that is a something of determination and people who invested in cryptocurrency especially in bitcoin for long term investment always testified of making good profits, if you can invest and allow the investment to run like five years it will be better or you make your decision on a particular target you want bitcoin to get to before selling it will save you more stress for monitoring your cryptocurrency investment.
And now the price had jumped from 25k to almost 28k as of this moment and to those people who had seen such plunge are now really starting to have that kind of regret once again that they should have at least be able to enter with that low price and this is really always a continuous cycle on which people do always misses out the opportunity just because they are really that always looking for the bottom without even realizing that was already the bottom. The price now is starting to recover on which it could really be able to potentially be rising up its price and might to recover way up to 30k.
So it is really just people do miss out on entering and buying until the market would be making out some significant movement. Being passionate or not then it would really be according on someones
preference since not all would really be thinking up for long term in terms of Bitcoin investment because as much as possible we do really love to see profits in short time possible
and this is why we do really maximize out profitability on entering the lowest price as possible and this is why we do waste up these kind of chances or opportunities.