Post
Topic
Board Speculation
Re: How passionate are you buying Bitcoin now?
by
Ndabagi01
on 29/08/2023, 19:44:22 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. 

This is simply how the human mind works, and you cannot take it away from your mind. The mind is wired to be fearful of losing what is valuable to you. The money you're putting into the investment must have come from your hard work, so placing it into something profitable but yet volatile will cause you to be sceptical, which is natural. Even if you utilise your spare money, you will still have that fear, but the ability to control that fear makes you a good investor.

There is no optimum time to buy bitcoin; it was as low as $25K+ just a few weeks ago, but it is now back above $27K. Those who were debating whether to buy now or wait till it goes dipper will be regretting themselves today. Once you've decided to buy, just buy it, and when the market drops and you have more money to buy more, you can accumulate more of it.