Post
Topic
Board Bitcoin Discussion
Re: Never underestimate the powers of your Bitcoin.
by
$weetne$$
on 25/05/2025, 22:38:26 UTC
Bitcoin is indeed not a Ponzi scheme that promises a fast cash return; it's also not something that can change you from being a nobody into a millionaire. You can just start investing with as little as you can and forget the rest, but ignoring price action is something hard for most investors to do. They need to follow up their investment and make sure that they are not running into losses.

This is not necessary as an investor in Bitcoin. Checking the price of Bitcoin every time is not going to change what is going to happen to the market. We are only putting ourselves under too much pressure to sell when we keep checking up on the price of Bitcoin. What I think the frequent checking of the price of Bitcoin does to investors is that it makes them to become doubtful of how well Bitcoin is going to do and then they will change their investment duration because they no longer trust the market. Bitcoin should not be doubted for any price that it is predicted that Bitcoin will get to. It might not happen in this bull market but do not doubt it. Bitcoin has the potential to make anyone that decide to invest in it rich but we need to exercise patience.