Quote from: Justbillywitt on Today at 12:21:41 PM

Quote from: bitzizzix on Today at 09:08:29 AM

Quote from: ginsan on December 29, 2024, 08:57:58 PM

Quote from: PremiumcryptoHub on December 29, 2024, 05:40:58 PM

I think people who don't want to buy Bitcoin right now because of the high price of Bitcoin will probably take a step back from investing in Bitcoin. The price of Bitcoin will be the same today and the price of Bitcoin will be different tomorrow, meaning the price of Bitcoin is never stable. When the price of Bitcoin was very low in the past, did anyone imagine that the price of Bitcoin could increase so much?
At that time, many people might not have invested in Bitcoin because they thought the price of Bitcoin was too high.Likewise, those who think that the price of Bitcoin is very high in the market right now will regret don't investing in Bitcoin later.

Many Bitcoin analysts and many Bitcoin investors have commented that the price of Bitcoin will increase much more in the future. So no matter how high the price of Bitcoin is, buy according to your ability, if you buy even a small amount regularly, it will also be added to your investment portfolio and one day it will be large.

In investing in bitcoin we need confidence in ourselves, never listen to uncertain words about the analysis circulating on social media, they just say it and it is not certain that it will happen.

For example, you invest with your own money, you are the one who determines when to buy and you are the one who decides all decisions, not other people.

I think, if we are still in the accumulation stage, then just make regular purchases while approaching bitcoin.

Also learn how to organize good management in managing your cash flow in investing.

Not only belief, the most important thing in investing in Bitcoin is to have strong belief and you feel confident that Bitcoin will give you long-term profits because we see its track record and it is proof that Bitcoin will give you big profits in the long term.
Plant your belief before starting it and prepare patience in running it because both are very important things that will make you strong as long as you invest in Bitcoin without caring about other people or anything that will not change your belief, and even though the price of Bitcoin is very expensive, it does not mean that it will make you feel confused because you can buy Bitcoin according to your ability periodically and this will make your Bitcoin big in the long term.

You can have all the believe that bitcoin will do well in the future that's good. But you must also make sure that you have everything else that's need in order for your bitcoin to survive and see that future you are talking about. It is not enough to have just have believe alone when it comes to bitcoin investment, if truly you want to successfully hold your bitcoin for a long time. Some one can have believe that bitcoin will get to certain amount in 10 years time, but if he fails to put the necessary things in place that will help him hold his bitcoin for that 10 years, he won't profit from that price increase. While someone else can just casually buy bitcoin without even having much of belief in it.

Probably he was talked into buying it by a friend or relative, but he has kept everything in place that will help him hold his bitcoin successfully for the next 10 years. The person without believe will be the person that will profit from the bitcoin price increase because he has managed to hold till that number of years and above. With the help of everything that he has put in place, like the emergency funds, reserved funds and so on. At the end of the day it's not all about believing alone, it's all about who is more prepared and following the required steps needed to successfully hold your bitcoin for the desired number of years. Investors should know that faith without work is death.

Yes one ability to be able to hold his bitcoin till the anticipated timeline is very crucial for long term investor that is why is always advisable to have an emergency fund incase of any unexpected events that want to push one to dip hands into his investment so faith alone can not make our investment to be a success there should be a plan that is to be put into action back up by faith. All investors must have a plan on they intend to hold there till the anticipated timeline