I totally agree with this. A lot of beginners are unsure or even a bit scared to start investing. They're usually worried about covering their living expenses and don't feel confident spending money without a stable income. What many don’t realize is that even after taking care of their basic needs, there’s often a little bit left that could go toward buying bitcoin.
Not only newbies are scared or unsure of starting Bitcoin investment some people have known Bitcoin for years now and even up till now they haven't had a rethought about Bitcoin because they still think the value of Bitcoin will drop if they start investing which is not correct and people with this mindset hardly venture into something in this life, yes Bitcoin is not risk free that is why it is advise to use what you can afford to let go and it is not as if those people doesn't have what they can afford to let go but they just decided not invest at all and anyone who is afraid of taking risk will find it difficult to make it, even though not all risk are worth taking but Bitcoin own is worth it.
To me I feel those set of persons are not ready to invest in Bitcoin, in as much as they have being seeing the price of Bitcoin increasing, nobody would just like to be left out, or they don't have the orientation and understanding that they don't need a steady income before investing in Bitcoin,but discretionary income and so they are waiting for steady income but Bitcoin waits for no one and when they will be ready, Bitcoin would have gone far in price, even at then,they can still start to invest if they chose to.
Some persons just derive pleasure in watching and speculating the price of Bitcoin in the market without involving in investment.
Even during this aggressive bullish period for Bitcoin, we see some investors accumulating. You will see them as confident investors in Bitcoin and they are habitually holding Bitcoin from discretionary income. They are even trying to grow their holdings from long term cycles. The bullish action is reflected in the fact that those investors are still accumulation Bitcoin and are holding their stash to see $200k by the end of this year. Their airship of expectations may not be fulfilled and they will be more responsible for continuing to accumulate more. They are continuing (front load) and want to build stash in hope of the Bitcoin price skyrocketing as their discretionary income system remains intact, one cycle after another.