Quote from: Jating on March 22, 2025, 11:32:08 PM

Quote from: len01 on March 22, 2025, 09:44:29 PM

Quote from: Youngrebel on March 22, 2025, 09:22:38 PM

Any one who is an investor should already be aware of the nature of Bitcoin rise and falls as well as the bullish and the bear seasons of Bitcoin. Therefore every investor should find it all joy when we are in the bear season. It is the time to buy as much as possible and start waiting patiently with all confidence in heart that Bitcoin will certainly still rise

The problem is that not all investors have that understanding and many new investors have the wrong mindset in understanding investment in BTC. So many new investors do not know the bear season and bull season and they still need a lot of experience. But if they are new investors who understand the big risks, I am sure they will not regret it under any circumstances. Because investors who already understand the risks will definitely have confidence that all of that will recover in the future.

Such as Bitcoin investment is a get quick reach scheme, very wrong mindset to begin with. Although in the beginning at least for me, I didn't complicate things, I just try to stack as much Bitcoin as I can (I even didn't know what DCA is).

So it's a learning process for me and perhaps it really helps me a lot to be mentally strong here, specially in the bear market wherein the price is very low and most of the investors are disappointed or worry about the market situation.

Most people came into Bitcoin with the mindset that it will make them rich within a very short time. This is the fact that no one can dispute because we know that during bull season, there is usually so much noise on social media with people sharing their percentage gains on daily basis. This invariably is the greatest attraction of newbies who jump in to partake of the free money and funny how some wait until the peak of the bull season and they will join and get stuck in the following bearing season. It is usually this endurance period that help teach them the real lesson about Bitcoin. Those that survive this period without selling their Bitcoin and walking away, they are usually those that hold for long.

I also started my Bitcoin career poorly because I was going about it the wrong way and never learnt most of the things am learning now early. I'm glad I did not quite because I would have regretted it entirely if I did not come back to follow the due process of learning and practicing (investing and holding).