Quote from: Shadiq on Today at 05:38:01 PM

Quote from: EclipseXcrypto on Today at 01:11:30 PM

Those who hesitate to invest in Bitcoin often lack the determination and don’t have confidence in the potentials of the asset (Bitcoin). The fear in them prevents them from seeing the long term potential of investment like bitcoin, especially when they focus too much on short-term fluctuations instead of the overall trend of bitcoin. There's no need to fear, that investing in bitcoin won't be successful, instead focus on the opportunity rather than fear of missing out. If you are earning or have a source of income with the right strategies, a long-term perspective and being consistent it can definitely yield positive result. Investing in Bitcoin require a certain level of commitment and confidence in the asset potentials.

The main reason for hesitation in investing in Bitcoin is lack of knowledge or ignorance about investment. If a person does not have the basic knowledge required to invest in Bitcoin, then he will definitely be afraid of investing in Bitcoin. We must know that subject to have confidence in something. We should inform people who are ignorant or have little knowledge about Bitcoin about Bitcoin and if someone is negative about Bitcoin, then we should try to remove their misconceptions. In order to reduce the popularity or fear of investing in Bitcoin or to make it trustworthy for everyone, our society should be made suitable for investing in Bitcoin. Generally, Bitcoin is viewed negatively in our society, which is why many people hesitate or do not trust investing in Bitcoin.

That was in the early days of bitcoin and not anymore. Currently, the world has seen bitcoin as the new millennium asset that can generate profits overtime, and this is why you see that big tech firms and some country government wants to use it as their reserve for future sake. The popularity of bitcoin is spreading fast especially, now that the price has hit six digits.

This is why new investors should only concentrate on buying and growing their bitcoin investment regularly with DCA method and lump sum. If you have the funds, you can lump sum in the beginning and continue with your weekly DCA buying or start with the little funds you have based on your discretionary income to buy gradually. Only traders can call bitcoin a scam after they have run at big loss.