Quote from: Donk1 on Today at 08:00:16 AM

Greetings my fellow Nigeria folks.
So the idea of doing it later or waiting for the right time which are all considered procrastination, has become a bad habit for some Bitcoin investors especially the newbies. And If not stopped it can cause a huge setback in their investment. This is because procrastination can make an investor miss out on opportunities when a stock's value is rising, all based on their idea of waiting for the right time to buy.
As a matter of fact, most of them do this to try to avoid risk, which is impossible. Instead of that they can actually apply the DCA dollar cost averaging strategy to help minimize risk in their investment. This is also one of the best ways to avoid procrastination and can even prevent you from trying to time the market. That is why when investing the longer you wait, the less time your money has to grow. most times procrastinating might be caused by panic or emotional issues that makes some Bitcoin investors hesitate when they are supposed to invest Because of that many of them even make wrong choices when investing. For example selling everything in a market downturn or even buying into speculation without doing proper analysis of their investment.

Overcoming Procrastination in Investing :

The first step in killing this mindset is to have an advisor, a mentor, or even a partner who is well experienced when it comes to Bitcoin investment so you can stay motivated to invest at the right time .Most times investors forget why they are investing That is why it's good to remind yourself why you are investing and what the purpose of your hard work that is something that an investor should set for their long term goal, which will help them stay disciplined and also give them the courage to take action.
Secondly, DYOR do your own research and try to convince yourself by taking action. You must also give yourself time to create a financial calendar for investment purposes, especially if you think you don't have time to regularly check your portfolio or research new investment opportunities. That is why investors must always have a plan because it is essential to start small if you still have that procrastinating mindset.
My advice is this always remember that the most valuable investment you can ever make as a Bitcoiner is the one you make in yourself. By educating yourself, creating a good plan, and always taking action with that you can overcome every procrastinating mindset.
Thanks for your time folks.

I think this is true because before you venture into bitcoin investment as a biginner you an advisor, one with long time knowledge and experience on how BTC works, the right time to buy and the write time to sell and this will safe you from postponement and enable you to maximize.
Research plays an important role when it comes to BTC investment because it will enable you to understand the price history.

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