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.
Money is not a problem when starting to invest in Bitcoin, but it was the trust and self-confidence. We have to think that there is no late in here; every time is an opportunity. That is why we don't compare ourselves to others. Instead, we focus on ourselves. In fact, many had thought that Bitcoin was useless and dying stuff, but now, it is a worthier investment than others. But this is not all about buying and holding. It also includes selling as part of the market cycle. Of course, we have to put this on time.
You cant totally say that money isnt a problem because if we do speak about investment then not all people would be that capable on doing so and thats why they do end up on having those options on trying out to take up some loan for them to be able to make out some investment and holding up for long term or even there are those who do made out some short term approach. Actually these are the most common newbie mistakes on which we do have that experienced when we are just that starting up. There are those situations or conditions on which you would be needing up to be thinking about into the actions that you are gonna to take. Patience and Risks management would be always that in partner and if you arent that good when it comes into this aspect then you would be that prone into those actions on which arent supposed to be done.
Having those mistakes then this is the time that we do make out those learnings on which this is the typical thing on which we do need up to look and consider out. There are just that those times that you do become that too impulsive and naive for you to be able not to think up that much about those probabilities whether you could be ending up profitable or not.