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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
ZeroVinsonN
on 31/03/2025, 09:06:31 UTC
⭐ Merited by JayJuanGee (1)

A large number of people think they are late when they first come to bitcoin, yet since there is no way to turn back the clock, each person has to decide whether and if so how to invest into bitcoin based on coming to bitcoin today rather than fantasizing about having had been able to come to bitcoin earlier.

The advice to get started as soon as possible is going to continue to apply, so hopefully anyone coming to bitcoin can figure out how to get started and just start plow away at accumulating bitcoin, since it can take a long time, such as 4-10 years or longer just to build up a meaningful bitcoin investment portfolio, unless they might be able to front load their investment...and surely taking loans does not sound like a great way to get started, since any of us should be starting with easy and more basic techniques prior to jumping into more sophisticated ways of getting bitcoin.. and more sophisticated is not necessarily better, especially if you have not first gotten your cashflow management in order.

That’s totally right. I hear a lot of people complaining and saying it’s too late to invest in Bitcoin now that the price is pretty expensive, and it’s pitiful to see some Bitcoin enthusiasts think that way. The honest truth is that, it’s never too late to join the Bitcoin party, it’s never too late to get started and join the moving train. I also advise such a person to focus on the opportunities that they see today and what they can make of it, rather than dwelling on the past and what could’ve been. 
I agree, just becta person didn't start investing when bitcoin price was low doesn't mean they can't start investing now, the more they dwell on the past, the more new and fresh opportunities they will end up missing, YES you we're unable to buy when bitcoin was 10k, probably because you were unsure of yourself and you were unsure of the bitcoin market and now you've seen an ATH above 100k and you are thinking it's too late already which is wrong, you are right, you should have invested when the price was low, but what's in the past should stay in the past, don't let that past mistake decide how you go from now, you missed your investment chance then, don't miss it now, start investing now and in the near future you will look back and be proud of your decision.

The advice to get started ASAP is sharp for real, because some people would wanna have a lot of money to lump sum into Bitcoin, or have several sources of income that brings them so much income by the end of the day, but achieving this might take a lot of time, considering that there’s a lot of thing to get done, saving that much cash for investment might take a life time and so it is with building several sources of income, I could take years, and that’s how you’re missing out on certain opportunities. iIt’s really not about investing lots of cash first, every little bit that you invest counts and as long as ahoy apply consistency, patience and discipline. Yeah, building a very solid Bitcoin Portfolio may take a lot time, which is more reason that patience is key and never rush into anything, especially those things that’ll make you uncomfortable, start with what you’ve got and then expand your portfolio.
Exactly!! Delay is dangerous, you don't need to be overly wealthy to invest in bitcoin, you can always start with what you can afford, waiting to build up your stash can take too long and you would have missed alot in the process, so instead of waiting to accumulate more cash, start accumulating bitcoin now, you can build up your finance simultaneously as well, this way a person can avoid procrastinating and start as soon as possible.
I see people say Bitcoin investment is very complicated, especially when you’re about to start, but that doesn’t have to be the case because you can start with the basics, like you dedicate time in learning and understanding how Bitcoin really works first, then move further to setting up your wallet, and then next thing is to learn about different investment/accumulation strategies, identify your financial goals and targets and then choose a strategy that aligns pretty well with your goals and then get started. It’s just as easy as that.
Yes, bitcoin investment is complicated, only if you want it to be, it doesn't have to be complicated, you can unravel the knots one at s time, you don't need all the knowledge in the world about bitcoin to start, you just need to know the basics, you can build your knowledge while building you bitcoin portfolio, do the two hand in hand and you won't have any regrets along the way.
And lastly, have your own pace and never compare or measure your pace and progress with someone else who may have already started their journey pretty much earlier, even if it’s someone you started the journey together, it’s still not idea to compare yourself, became every investor have their own pace and their journey. So focusing on yours would give you more insight and ideas on how to improve and advance, and no matter how small you think your achievements are, it’s best to celebrate them and work towards further growth.
Be yourself, don't look at how much better the other person is, look at how better you are now comparedcto when you start, sometimes you are your own competition, not the next person, our strides are different as are our pace, what works for the other guy might not necessarily work for you, if he has more discretionary income than you then he gets to invest more than you as well, don't push yourself too hard, build up your own discretionary income by building up your finance and invest as your finance allows.