Post
Topic
Board Bitcoin Discussion
Re: The psychology of btc
by
Roseline492
on 24/05/2024, 16:47:55 UTC
Today, let's talk about the psychology of owning BTC. After BTC was born in 2008, a group of people owned a small amount of digital gold. Of course, I later joined the BTC army as well.

At that time, I didn't feel the magic of BTC; I just knew that it was something relatively magical and a completely new thing.

Back then, nobody was familiar with BTC. Even though I owned some, I was just observing and trying to understand its mysteries.

It was unfortunate that the early people who saw the Bitcoin when it was very little and affordable in price was not able to see how transparent the future is for Bitcoin and out of ignorant they miss the opportunity of venturing into it, perhaps sometimes I use to wonder how those people use to feel now seeing how far Bitcoin price has gone now and what they would have achieved now if they had invested, though they still have the opportunity to start investing now because one good thing about Bitcoin is that no matter how late someone would venture into it there is still a higher chance of getting a good return in the future.

Funny enough in as much as Bitcoin has a very good potential most people are still having the mindset that the price has gone too far for them to start investing without knowing that in terms of Bitcoin no time is late but what determines the success is how consistent one can be in other to increase there investment portfolio because regardless of how big the price is if someone could strategize his/herself well on the amount they could be investing on a regular basis they will be surprised with how far they have gone.