Exactly, that pressure to catch the train often leads people into bad decisions like overextending or misusing funds meant for something else. The beauty of Bitcoin's long term parabolic nature is that you don’t need to rush. Just stick to your own pace, DCA with what you can afford, and let time do the work. No FOMO, just patience.
A person should never think that he is too late to invest. Keep one thing in mind, if you know about Bitcoin today, you are much ahead of many people who are not aware of what Bitcoin is. So first you need to start investing and at the same time you need to reduce your extra expenses. So that you can invest more money. Always try to keep yourself stress-free so that you do not get too scared if you see a decline in the market. Hold your holdings for the long term, you can benefit in the future.
A decline in the bitcoin market is not a sign to freak you out, but a very good sign to add more bitcoin to your holdings because only with that can you be able to take advantage of every situation you find yourself after your investment in bitcoin has began. Bitcoin is not a quick rich scheme, so having that same approach in your mind will make you panic anytime there is a fluctuation in the market that makes it go in a downtrend direction.
Cutting down your expenses when you’ve made up your mind to begin your investment in bitcoin is also necessary, it gives you a reason to want to save and not spend lavishly because you have a purpose and a target which you’ll work towards achieving. Investing in bitcoin comes with some sacrifices that when you’re able to bear it, you’ll achieve the best investment ever.