Post
Topic
Board Nigeria (Naija)
Re: Lack of patience can make you lose everything in your Bitcoin journey.
by
cxtreenal
on 18/08/2025, 16:57:57 UTC
You can't get the experience and knowledge that you are looking for when you have not invested in Bitcoin and get a practical idea of how it works what is there is the willingness to invest if you wait for the right time to come it will take a while so it's better that you start by investing you don't need to invest with big money so that the fear of losing your money will not be there but starting where you are and gathering knowledge gradually
This is a very good point, some people just think that they can get the knowledge before investing but they fail to understand that we are talking about a practical investment, when you invest thats when you can learn many things, people keep saying right time, this gets me pissed, the right should be every time, does money wait for anyone,.plan that's has been made when money is available should be accomplished further delay may lead to  discouragements, some people say they tether wait for the dip to inevstnin bitcoin, i ask what if bitcoin continue to pump within the period they plan to invest, what will they do, I don't know why some person love spectating than facing reality, the DCA method is their for everyone to invest steadily with amounts that's very convenient for them, What's their to wait for again.

Sometimes experience is only thing that can clearly off their thoughts and emotional drama when price starts moving sideways or against their expectations. Of course the market is bound to experience decline along side the bullish move so it's  a normal thing but for a newbie investors  they may experience certain emotional trouble with the price fluctuations but unknown to them that it's  a normal thing for price to move in both directions. If you're in for a long term investment you shouldn't be having trouble with temporary fluctuations as the overall price movement  for bitcoin  is bullish.
I completely agree with you. In the long term, the overall purchase price will be lower in the price fluctuations of Bitcoin investment. Investors who still want to continue buying Bitcoin new and constantly should use the DCA strategy. This method will surprisingly increase the size of your capital without taking any risk. There is no special method for experienced investors, they can continue buying Bitcoin through this method. The difference is that rich and experienced investors may be able to buy aggressively at any price point and hold a decent amount of Bitcoin in each cycle. Investment experience is like an invisible asset, you can easily analyze the market and plan your investment and get high profits with the increase in holdings.