Quote from: wxa7115 on Today at 07:12:37 AM

Quote from: betswift on Today at 05:36:00 AM

Quote from: DubemIfedigbo001 on Today at 05:07:18 AM

Just like the saying goes, all fingers are not equal and your entire savings can be someone's weekly expenditure. Every investor buys at their own capacity. What Mr A might call lump sum might be Mr. B's periodic purchase.

So the deal is to buy at your capacity and reach your accumulation target, as long as there's still enough BTC supply to continue buying, the high capacity investor and low capacity investor are all doing a great job in their accumulation journeys.

Staying calm and true to the plan that you've got ( I mean anybody here) is key, even when waves come to shove.

“In preparing for battle I have always found that plans are useless, but planning is indispensable.” Dwight Eisenhower.

Life is rarely that simple, since what you can afford to invest today may be completely different than what you can afford to invest tomorrow, as anything could happen that could disrupt or wreck your perfectly researched plan.

For this reason anyone that is interested on becoming an investor should consider the very real possibility that not only things will not go according to their plans, but they may even lose money despite picking one, if not the best asset in existence today, and once you realize this your overall strategy and preparedness will improve, however we cannot be rigid about the way we think about our plans as sometimes a complete overhaul may be necessary.

After all, a great deal of the time when I read about what a newbie is planning to do in this market, which often involves throwing away their money in shitcoins, my first reaction is not to try to guide them to bitcoin and a long term approach to it, not a bad idea but not optimal either, instead I think they need to spend some time out of any market and seriously rethink about whether they have what is necessary to succeed, since even if they were to try to become a bitcoin investor, chances are they will fail miserably because they lack the right mindset and the ability to think logically about it anyway.

Great quote! I agree, we all have our own roads and sometimes there is no point trying to guide somebody in another way, if the person is strong enough, he will endure and improve upon the mistakes made. If not, then that is not his road to finish.