Post
Topic
Board Speculation
Re: Road to 100k?
by
Mr.right85
on 01/09/2024, 09:39:38 UTC
If you are a newbie to bitcoin (and perhaps even in your first whole cycle of accumulating bitcoin, which is 4 years), then you should not be giving any shits whether the BTC price is $57,700 or $59k when you are making your various buys or even entering into BTC for the first time.
This is a habit promoted by lost opportunities. It is event that history can’t be taken out of a field and the history of Bitcoin especially, having to look at it from its price appreciation which backs holding for a strategy, it’s the very means by which, newbie investors build courage.
It becomes eminent that they try to retract to a lost opportunity which is never coming back, asking some ‘WH’ questions as to, something that cost less, they are having to pay even more for a mere fragment at the now. Giving less attention to the fact that, the Bitcoin bought in its building phase was equally not worth so much.

Quote
The more important part is to get started right away and to figure out a plan in which you are able to buy regularly, such as weekly, and even if you are ONLY able to start out by buying $10 per week, do what you can to continue to buy $10 per week, and then to make sure you understand that you are investing within the limits of your disposable income, which means that it is extra money that you have after you have accounted for your expenses.
which is the important part, having to start. If you don’t start, how do you make up for lost opportunities. Opportunities they say don’t seat around and wait. It’s always on the move, evident in the volatility seen in Bitcoin price. You take it when opportune and not wait around. Price would bloom even before you would know it, correct and bloom again.