When I first heard about Bitcoin in 2021, I hesitated. It felt too volatile and unpredictable. I kept saying, “I’ll buy some soon.”
In 2022, I finally bought a small amount — but after a short price dip, I panicked and sold. Weeks later, the price recovered and went beyond my original entry point. That moment made me realise:
♤Bitcoin doesn’t reward panic
♤Timing the market perfectly is a myth
♤Long-term thinking beats quick emotional reactions
I’ve since started using Bitcoin more as a long-term store of value than a get-rich-quick tool.
Many folk have common story like this , well you are right bitcoin tend to reward those that are patient and know how to make use of opportunity. Most people panicked then because they don’t have much knowledge about bitcoin at that time that’s why I urge most folk to do their own research concerning bitcoin to understand how it work has they accumulate and hold it will help to build their trust more and same time encourages them to be determined while accumulating and stuff.
Yes, tons of people or even lets say that majority of us does have this kind of mentality when we are just that starting up on which we've been thinking that it would be just that so easy for us to deal up with Bitcoin investment on which there are those people who do believe that we can be able to make easy x2 with our investment, but on the moment that you do face up the reality then you would be able to realize things that it was never been that easy in the first place. Those assumptions would be break and you would be starting out to have those realizations and adjust accordingly. Well, there's no such thing about being perfect when it comes to investment and since we are that not all knowing beings then we will be that typically be able to experience out those kind of assumptions on what are those things that we do have in mind. It will be just that up to you whether you would be making out some adjustments or not.
All of us do able to experience those loses and we do naturally make out some adjustments after than and thats the best approach or reaction to have if you do want to sustain into this unpredictable market.
Trying to go against with the trend then you are just that basically planning to lose up even more money. The more experience that you would be getting the more better trader or investor you do become.
Self awareness on how this market works and behaves and act out accordingly or sensibly then it will be giving out that kind of advantage as you do go forward.