Post
Topic
Board Nigeria (Naija)
Re: Forever wishes on Bitcoin
by
Adams0001
on 25/03/2025, 03:34:20 UTC
Every price Bitcoin has ever been people wished they had held on to their Bitcoin and sell for that price and that picked my interest on this. I can remember vividly 4 years ago my friend was able to own Bitcoin which his father sent to him from Nigeria to Ukraine that was before he came back to Nigeria due to the war. He told me he keeps 30% of the Bitcoin and sell the rest for his upkeep. He sold his $2000 Bitcoin during December 2023 at 25k/1BTC after that year. Early 2025 Bitcoin started increasing, he cried because if he held he would have sold for 50k plus that's double of his initial money. When Bitcoin rose to 100k he also lamented because he didn't have any Bitcoin till now and he wished he never sold.

The lack of patience is what cause it for him if not it couldn’t happened to him that’s is why very important for anyone who has interest to invest in Bitcoins or hold a Bitcoins to have enough patient so that even when the market is not stable it will rush to sell the Bitcoin, because this is exactly what happened to this person that was holding a bitcoins since 2023 and sell it when the market was crashed.

This early 2025 those that was holding a Bitcoin for a long period of time there the one enjoying it passed when the bitcoin increased, their have make a lot of profits early this year that’s what that person supposed do after holding a bitcoins for good 3 years and later sold it in $50k plus which was a big lose for him.


That is what is causing people to miss out on opportunities. I don't think you can do anything if you aren't patient enough. Investments require patience, and if you aren't patient enough, you won't see the benefits. If you want to make a lot of money in bitcoin, you simply need to be patient and invest for the long term. Anytime is and new opportunities to invest in bitcoin since some have sold their bitcoin because some are scared to lose.

what I notice for some that are scared to lose on bitcoin are does that don't yet have a full understanding about bitcoin, because if they have they won't be scared because anytime the price is dropping he will definitely raise again, so why scared to lose. that is why you need to invest for the long term before you can get better profit, if you're afraid to invest because you don't have enough money, the smartest thing to do is wait and save money first and and invest you can afford without even scared to lose all the funds. since I always feel that when you invest in bitcoin, you will undoubtedly make a profit in the long run since it is a long-term process. Even if you invest and do not make a better profit, if you are patient and add another year, you will undoubtedly make more profit.