Post
Topic
Board Nigeria (Naija)
Re: Procrastination of your Bitcoin investment
by
cxtreenal
on 25/07/2025, 09:49:20 UTC
Procrastinating always does more harm than failure, mainly in investing. While some people delay to purchase Bitcoin or any other assets, waiting for best price. But when prices dip, yet they hold back held in doubt. At the end, they miss out totally.
Work on your plans without hesitating. Waiting or overthinking for the perfect hour might cost more than making calculated risk. This may be for Bitcoin or another goal, steady actions wins endless waiting every time.
I will speak about procrastinating from a general point of view, people who procrastinate understands the adverse effect if they don't do what they are meant to do that moment but they choose not to, giving one excuse or the other. Procrastination in Bitcoin investment is what will make some investors buy at a price higher than they should have, most of them would complain about the price being higher and waiting for the price to fall, who knows if from there the price of Bitcoin will move up instead of becoming cheap, this is the reason why using strategies to invest and following a discipline route can help investors to do the right thing at the actual time.
Bitcoin investment requires discipline and for those investors it should have been more focused on learning and accumulation regularly. The investors you mentioned have little knowledge about Bitcoin and expect a lower price, although in most cases future investors may start buying more Bitcoin to meet their expectations. Most of the modern day guys/investors consider Bitcoin a great financial freedom of the future. There is a gradual distrust in the banking system left by their ancestors. As future Bitcoin accumulation increase they will explore their own banking system by increasing their holdings. Bitcoin is an independent and its own banking system.