Quote from: Barikui1 on Today at 07:53:38 AM

Quote from: blackberrman on Today at 07:30:54 AM

Considering the history of Bitcoin is very important for new investors, because if they consider history, they will see that many investors who invested patiently and when the price of Bitcoin started increasing from that investment, they still kept their greed behind and remained steadfast in their right decisions, which is why they have been rewarded in the present time, on the other hand, there were many who knew about Bitcoin but did not come forward to invest in Bitcoin, and many others invested but due to their greed they could not bring their investment forward because they might have panicked after seeing the price of Bitcoin fluctuate and sold it, or else they could not control their greed when the price of Bitcoin started increasing, but they are the ones who regret it in the present time because they have got the results of their actions, so it is important for new investors to know and gain experience well about the history of Bitcoin. If you want to strengthen your investments at the present time, you can use the DCA strategy and do it for a long time, even if your investment is small. By using the DCA strategy, you will get rid of the worries of when to enter or exit the market.

Yea you are right, looking at the historical record of Bitcoin and how it has fought his way up is really going to be encouraging for newbies investors to have more faith and will in investing in Bitcoin but I believe that the best possible way a newbie investors will invest in Bitcoin is having the right knowledge and mindset from the very beginning, that's why it very important on who introduced Bitcoin to you, if you knew about Bitcoin from a trader, their is a higher probability that he might mislead you and you will come with the mindset of buying and selling once it appreciate in value, but if you were introduced to it by a real investor, someone like jayjuangee that has seen it all , someone that knows all it entails to be successful in it, their is a higher probability that you will be successful in your investment because you got into it with the right knowledge.
In essence of what am trying to say is that who introduced an individual to Bitcoin has a major role to play in how the said person goes about his Bitcoin investment.

Even though you are being introduced to bitcoin by the devil himself, you should have your own cognitive reasoning as a human being from what you've seen that those of them that have profited appreciably from bitcoin investment are those that have been steadfast in their pursuit for long term holding, without being told as a newbie, you could see the trajectory to which those of them that have held bitcoin for good number of years being at the front burner in the affairs of Bitcoin in terms of possession, while traders don't even stand the chance to be in that league or even being talked about. So despite the "who brought you" factor playing a major role in your idea on Bitcoin, it is natural for you as an individual to be ideological enough to think outside the box after seeing things for yourself coupled with the knowledge you've gotten.