The reason why I say this is because I have come to notice that people who got rich quickly in Bitcoin was because they have a realistic mindset, and most of them got lucky at the appropriate time.
One of the reasons why most of them got lucky at the right time is that they were never too late to buy Bitcoin i.e. they never thought that the best time for Bitcoin would come. A trend among them was that all times are the best time to buy bitcoins and anytime you can buy bitcoins if you have the financial capacity.Quote
Imagine a scenario where Bitcoin moves directly to 300k what will those who didn't invest but procrastinate say those who have invested in it might become rich luckily even those who just started a few days, weeks, or months depending on the amount they had invested.
This chart proves that the price of Bitcoin has been steadily increasing since its inception. The way Bitcoin price rose from 2009 to 2024 was perhaps unimaginable. Those who still failed to buy or invest in Bitcoin during this time are constantly regretting it. Likewise, if the price of Bitcoin hits $300k as you imagine, even if no one buys Bitcoin for investment, they may later regret not investing in Bitcoin. If you don't invest, if you see someone else investing and think that person is lucky, then maybe that will be biggest failure, Because you missed the time to invest even though had ample opportunity, it's natural to regret it.
Yeah, agreed.
Also I want to leave this chart here:
I would also not ignore the fear and greed index, although many are skeptical about it, nevertheless, it would not hurt for beginners or even experienced ones if they suddenly want to have a little reference point.
So, for the first time since August 1, the index touched the 60 mark, which indicates still mild greed, it will be interesting whether the extreme greed index (mark 80) will reach the positive growth as in the spring of this year. You can also pay attention to the fact that several times recently the values have been pierced below 40, I would assume that the crowd is also getting tired of being afraid and wants to move from one emotional zone to another.