I’m constantly buying when I’m able to. In a few years the current price will seem like a joke. Anybody who isn’t buying now will majorly regret it.
I believe a lot of procrastinators are now regretting the fact that they couldn't buy as at when Bitcoin price was lower and now it's heading towards $190k,how is it possible for them to buy at this rate though,well it depends if they are financially buoyant. But for me I don't have any regrets cause I've been able to make use of the opportunity of buying and holding.
What mostly leads some people into procrastinating is that they listen to what some individuals out there claimthey say they are good at predicting Bitcoin. For example, they might say,
"Bitcoin will dump to a certain price.
" If someone gives their ears to these people, they will hardly invest in Bitcoin because they hope to buy it at a lower price. However, nobody can predict the market accurately.That is why people should forget about targeting the market when they want to start investing in Bitcoin. Targeting a specific Bitcoin price can lead someone to miss opportunities, and this has happened to many people. Unfortunately, some still don’t want to learn from the mistakes others have made.
Recently, someone came to ask me for advice. He wanted to invest in Bitcoin, but a few weeks ago, others told him not to because they believed Bitcoin would drop further. I explained to him that nobody can predict whether Bitcoin will dump to that level they mentioned. My advice was to start investing using the DCA (Dollar Cost Averaging) strategy. I also explained how it works.Now, he has started investing, and in fact, he is already in profit! Imagine if he had followed those people's advice that’s how he would have continued procrastinating
To my notice, itt only when you are making reference to altcoins investment, that's when you advice the person to use or invest the money or amount that they can easily let go or lose, that's because altcoins investment usually cause people to lose their money but while investing into Bitcoin, there's every assurance that if the investor can hold their Bitcoin for a long time, they will end up in profit. Instead of advising to invest what they can lose, they should be advised to invest just the amount they can hold for a long term because Bitcoin is a long term investment.
The advice that comes with investing money someone can afford to lose in Bitcoin does not fully mean one should only invest what they can afford to lose. Instead, it means they should invest money that won’t cause significant worry, even if Bitcoin’s price decreases. This refers to funds that someone does not plan to use in the near future.The reason this advice is given is that nobody can accurately predict what will happen with Bitcoin in the future. Despite many people believing that Bitcoin will always perform positively, no one can provide full assurance about its stability.so, even with the advice to invest only what one can afford to lose, seeing what others have invested in Bitcoin can encourage further investment.