The beginning of every subject is difficult, if one does not have full experience of investment before investing, but one has to know about investment from the beginning and invest accordingly. Before investing in Bitcoin, many people fear that if they invest in Bitcoin, they can lose a lot of money and because of this fear, many investors do not invest. But those who are willing to take risks and are willing to invest even if money is lost, do so. But there is a big difference between investing and holding an investment for a long time.
Why are you losing confidence in yourself, Bitcoin investment is the only reliable one, look at 2010, those who have invested have created huge wealth mountains so far. So why are you not able to strengthen your confidence in Bitcoin investment, then new Bitcoin investors will panic. If you invest in Bitcoin at any time, your investment will be successful but you have to hold it for a long time, never think about getting benefits until your long-term investment plan is over.
Basically many inexperienced investors lose confidence in themselves by constantly watching charts. By constantly monitoring the charts, they constantly observe the rise and fall in the price of Bitcoin. As a result, they doubt that the price of Bitcoin could fall further. But those who have properly reviewed the history of Bitcoin's price rise will not lose confidence in themselves or even be motivated to sell the investment. Investors should keep in mind that investing in Bitcoin is the safest and it will eventually grow to a much larger amount.
Recently the President of El Salvador, Nayib Bukele, said that,
🇸🇻 NAYIB BUKELE: "Stop looking at the chart and enjoy life. If you invested in Bitcoin your investment is safe and its value will grow a lot" 💯
https://x.com/TheBitcoinConf/status/1861782130860204116?t=-CgtY5ioDVc8gGBihvh7Dw&s=19It is a cruel insight once you see those who are busy following the multitude of getting involved into Bitcoin investment, anybody who has soaked every bit of his time and understanding to deliberate with further researches concerning Bitcoin will understand the whole concept and make plans accordingly.
Looking up to historical data is a primary factor, but using charts and technical algorithms to decide on how to operate investment options will only cause failure to catch the market when required. Bitcoin should be seen differently, not a business or a quick capital multiplier, the Bitcoin market follows due process which involves purchasing, holding before deciding on when to take profits and no need for charts reading either.