That's just a rookie mistake, they just assume that it's always going to be up and up while the reality is different, creating a business is easy if they have capital but making it profitable is the real task and to get ROI it will be atleast 3-5 years on an average so the focus should be completely on that if we are talking about business that is just handled by ourselves.
It's due to the influence of social media motivational speakers, they just spit things without telling the real story behind it. And it made lot of people to think that I can do this, but at the end it's just that they dug their own grave.
If we think about it more clearly, if a person who wants to get a bank loan to start a business can work around, trick the bank, and diversify the funds to BUY BITCOIN, I believe that would have a higher probability of success to be in profit within FIVE YEARS than actually starting a business.It's due to the influence of social media motivational speakers, they just spit things without telling the real story behind it. And it made lot of people to think that I can do this, but at the end it's just that they dug their own grave.
It's laughable because it's TRUE.
When I started using the DCA method to buy Bitcoin, I started experiencing some great deal of peace because I stopped panic buy and worrying about the price. This is why I have remain with the DCA method because it helped me deal with the emotional aspect of investing in Bitcoin and this is one of the most remarkable progress I have made in my Bitcoin accumulation. I will not want to go back to the era of being worked-up and sleepless nights monitoring the price so that I can pay back some loan.