Quote from: SmartCharpa on Today at 09:02:02 AM

The truth is that some people were aware of Bitcoin and its worth before joining this forum, but many people only started to understand it well after spending some time here. In the beginning, it is difficult to believe how much Bitcoin could grow, especially if you have never seen a full market cycle before.

Sure, if someone has started earlier and bought plenty of Bitcoin when the price was about $25k, they might be in a big profit now, perhaps 3x, 5x, or even more, however, not everyone can invest a lot in their first time, some people require time to learn about it and trust Bitcoin before investing more money.

And for many individuals, their only option is to buy little by little over time. Although it may take time to gather enough of Bitcoin, but it can still be done if you are patient. Bitcoin changes in cycles, and if you continue to buy and hold, you can expect good returns in the future. The most important thing is to have a plan and work with it, whether you start big or grow slowly.

The initial problem I had with Bitcoin I clearly recall stories of people who got in at the ground level and made their investment several times greater. An easy way to think is, had I only purchased a lot at that time. The reality is, not everyone goes and puts all their life savings into Bitcoin right after they learn of it. Why? Since initially, it seems risky and unreal, and before you have at least passed the one complete period, you cannot comprehend how strong the possibility of growing Bitcoin by its perspective can be.

Yea sure, person who got in around end of 2022 and went all in when Bitcoin was under 25k may be 3x-5x up at this point. That’s an amazing position to be in. Still, it is rare too, which most new ones lack capital, conviction and knowledge in order to invest a lot at once. And honestly, that’s not a bad thing. Getting in too soon and investing in what you do not comprehend may make it harder to come by when the markets become turbulent.

Realistic doesn t matter, to many people, it is actually better to do it small, learn the ropes and gain trust in Bitcoin over time. That may entail spending $50 here, $100 there, weekly or monthly. It is slower, though and this is where the patience comes into play. Price of bitcoin moves in cycles. When you are consistent, such little purchases end up counting and soon enough you will look back and see that you have stacked a tradeable amount which you have not incurred taking the kind of risks in the early stages.

Think of it like planting an orchard. One can buy a full-grown tree now, should they be able to afford it, or one can plant in seeds on a regular basis in the course of time. In any case, you will be enjoying the fruit few years later but the second approach would be to have patience and put your faith in the procedure.

There is no preferred choice on whether to start with front-loading or by accrueing steadily but the bottom-line is focusing on having a plan and staying with it. Such is what keeps you off the din, the ups and downs, as well as the urge to sell at the wrong time.