Avoid Procrastination, Buy Bitcoin And Prepare For The Next Halving. - page 8.

loopes

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Quote from: Youngkhngdiddy on July 05, 2023, 05:14:28 AM

Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.
-snip-
This forthcoming halving is very important very important because at this period the price of bitcoin affects most other cryptocurrencies in the market, so now is the best and perfect time to buy and hodl cryptocurrencies especially bitcoin and make profits when it becomes more scarce thereby making it's value to go High.
You can share your ideas and opinions if you know more about the bitcoin halving and for the procrastinators, it's better late than never.

I think when you have enough money in idle position, it is not wrong if you decide to buy bitcoin as much as you can cover it then holding patiently to the next halving occurs on the blokchain . But if you do not have enough money then do not force your financial to buy a lot at this time to wait for net halfing. it will potentially harass your financial health.

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Quote from: Bazzu on July 06, 2023, 03:55:13 AM

for people who have money, of course for those who are interested in buying btc it can be said that it is not too late to buy btc even though now the price of btc is quite high compared to a few months ago when btc was in the range of $ 19000

but in this case people are divided into 2 parts, namely there are those who dare to buy btc at the current price and those who don't, because the price of btc fluctuates very much, so it is very difficult to predict its movements. maybe the current btc price situation is very confusing for people who don't have the courage because after all, of course we have to love our money and don't want to lose, it could even be that the btc price will go back down like $ 23000 so in my opinion in this case, it's up to the person who wants to buy, because sometimes courage makes us gain sometimes courage makes us lose.

in this case, it now relies on how a user is looking at this market, an opportunity to collect more satoshis or just let this pass. as we can't go back to where it was few months ago, your decision will depend on how you look at this market few months from now.
and besides, how you buy coins from this market depends on your need of funds. of course, if you are looking at couple of days from now, it is not advisable to put your money on this market. so yeah, you need to consider on when are you going to cash out your funds because that's a big factor if you are capable of investing on this market for long-term.

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Quote from: Japinat on July 05, 2023, 10:38:18 PM

Quote from: jossiel on July 05, 2023, 05:43:12 PM

Quote from: bittraffic on July 05, 2023, 02:01:55 PM

If the government (SEC) just don't try to ruin its market, they could have created more millionaires in Gary's tenure.

They can delay the market's riping scene but they won't forever get a hold of it. Especially on Bitcoin, halving is gonna be an unstoppable factor for the market to be at the best shape again.

There have been news that I've seen that Gensler should be out of his position in no time. But whether it happens or not, again, the market is unstoppable when we're getting close to halving.

Bitcoin halving is the most awaited unstoppable event by all bitcoin enthusiasts so whatever delays SEC will imposed, they can’t stop the market from its bitcoin halving especially if the people have turned against them and shift into bitcoin. Even Gensler can’t do nothing about it, as bitcoin halving has been happening thrice already even before Gensler was designated in his current position.

That's right.

In all forms, they're trying to delay it because we don't know if they're tied up with big financial institutions that have been interested to Bitcoin. And they're giving free way and access to potential cheap Bitcoins before anything happens.

And that event is when bitcoin goes into bull run and the price becomes expensive and potentially goes back to its former ATH and could also be higher.

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Quote from: Slow death on July 05, 2023, 06:00:34 PM

this is a market where, for years, when there is good news, the price is greatly affected, a few days ago there was good news that caused the price of bitcoin and even litecoin to rise a lot, but the issue most of the time is to know if that good news is something that will be effective in the long term or in the short term, when is the case with the good news of a few days ago or week in which it is a wealthy company that submitted its ETF application and that will still wait for approval so it can already be predicted that the price increase will be temporary, because although the price is rising due to this good news

the international market is still in a crisis due to the war and with that the bitcoin market will obviously be affected, so the increase will be temporary and then it will fall, and this could also happen with the halving, the price could even rise gradually but later would fall, and people know that, so they will wait until it approaches the halving to buy and be able to take advantage of the price increase and sell at the top and then they will wait when the price drops to buy, for people the profit is the most It is important not to just blindly hodl just because there is a halving but that halving is still a long way from happening

However, its essential to underline that the cryptocurrency ecosystem, Bitcoin in particular, is largely insulated from traditional market forces. Its a new form of value exchange, untethered by the institutional rules and paradigms that govern traditional financial markets.

The recent price surge owing to the submission of an ETF application by a wealthy company, in my view, represents the growing mainstream acceptance of cryptocurrencies. Granted, the international market crisis due to the war might put a temporary damper on the Bitcoin price, but it's the resilient nature of Bitcoin that makes it bounce back.

I dont see the Bitcoin halving as a threat to long-term value. On the contrary, the halving is one of the most ingenious design features of Bitcoin - a built-in antidote to inflation. People might manipulate the price in the short term, but the inherent value proposition of Bitcoin, i.e., decentralized and deflationary money, ensures its long-term viability.

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Unfortunately, people like to procrastinate. I hope that the majority will stop waiting for a better moment and start acting now.

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for people who have money, of course for those who are interested in buying btc it can be said that it is not too late to buy btc even though now the price of btc is quite high compared to a few months ago when btc was in the range of $ 19000

but in this case people are divided into 2 parts, namely there are those who dare to buy btc at the current price and those who don't, because the price of btc fluctuates very much, so it is very difficult to predict its movements. maybe the current btc price situation is very confusing for people who don't have the courage because after all, of course we have to love our money and don't want to lose, it could even be that the btc price will go back down like $ 23000 so in my opinion in this case, it's up to the person who wants to buy, because sometimes courage makes us gain sometimes courage makes us lose.

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Quote from: SOKO-DEKE on July 05, 2023, 10:44:03 AM

Procrastination is never a good habit because it steals our opportunities and makes us lose them. So let us stop procrastinating and do what we know will bring us great benefits.

But if I may say what bring about the mentality of many People's postponing their investment in bitcoin despite their awareness of the halving period, I may say that is a lack of proper understanding of the cryptocurrency market. The fear may be in them that maybe the bull run will not happen, but I see all that as a lack of proper knowledge of cryptocurrency or lack of enough money.

Truly, people have different reasons for procrastinating, and generally postponing what is supposed to be done. Among different factors that makes us procrastinate, one of them is money. When we have numerous important needs and lack money to execute them. Procrastination naturally steps in.

So even with the full knowledge about bitcoin helvin, and you're are faced with other important financial needs like food and rent, with lack of money, you'll tend to procrastinate before investing.

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I do not think that there is anyone who would procrastinate when it comes to buying bitcoin in preparation for the next halving. If wishes were horses but not everyone has the means to buy bitcoin as they would want to. A lot of people may have a major problem which is financial constraint to be able to invest buy bitcoin now in hope for the halving. Basically, what I would advice folks is that they should prioritize buying bitcoin now. The price may or may not go up after the next halving we cannot tell. We are only relying on past data to predict the future and as you have rightly said, when there is shortage of supply and high demand, the price would go up.

landheer

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yes, indeed in 2024 there will be a BTC HALVING, and indeed we don't delay buying bitcoin if we want to buy bitcoin, especially now that the price of btc is decreasing in price, so now is the right time to buy btc for storage and sold when we already have a big profit. but in this case we really have to be careful in buying because buying btc at low prices is a good thing, so in this case it's up to the person who wants to buy. because everyone has a different way of making purchases.

Darker45

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There are those who have yet to extinguish every single major doubt; they're not fully convinced yet, in other words. There are also those who have yet to save enough. And then there are those who are too afraid to commit. And those who are too greedy they're waiting for the cheapest possible price.

These are the kinds of procrastinators. There may be more of them. Each of them is a different case to a certain extent. But at some point they will have to take the decisive step. Indeed, time might not be in their favor.

tread93

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At the end of the day, it only matters how much you can afford to lose. Nobody knows what will happen, no one has a crystal ball, but historically BTC has done well after the halving - it may take some time. I think it took about a year after each halving if i'm not mistaken, because miners tend to struggle at first once the halving occurs. There is an insane amount of FUD, and its a fun ride. The best thing you can do is get as much as you can and to HODL!!! Cool

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Quote from: jossiel on July 05, 2023, 05:43:12 PM

Quote from: bittraffic on July 05, 2023, 02:01:55 PM

If the government (SEC) just don't try to ruin its market, they could have created more millionaires in Gary's tenure.

They can delay the market's riping scene but they won't forever get a hold of it. Especially on Bitcoin, halving is gonna be an unstoppable factor for the market to be at the best shape again.

There have been news that I've seen that Gensler should be out of his position in no time. But whether it happens or not, again, the market is unstoppable when we're getting close to halving.

Bitcoin halving is the most awaited unstoppable event by all bitcoin enthusiasts so whatever delays SEC will imposed, they can’t stop the market from its bitcoin halving especially if the people have turned against them and shift into bitcoin. Even Gensler can’t do nothing about it, as bitcoin halving has been happening thrice already even before Gensler was designated in his current position.

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Quote from: Maslate on July 05, 2023, 04:29:06 PM

If you know the high potentials of bitcoin to be successful in the future, and you have the sufficient amount of funds to invest, then why bother to procrastinate? You don’t want to miss big opportunities again so start investing in bitcoin and expect significant amount of profits in the future. Otherwise, if you try to be always on doubt and hesitate to start a move, then you will never achieve something big in your life. That’s the kind of mindset that successful bitcoin investors always want to avoid.

Did you read all of my post?

Quote from: hd49728 on July 05, 2023, 05:43:52 AM

Procrastination can be because of your hesitation, uncertainty or it can be your lack of investment budget.

If you don't have investment budget, you only can work and in the meantime, have to procrastinate your investment.
Don't be hurry and borrow money to invest because you don't want to procrastinate.

If you have investment budget but hesitate to do it several months before a halving, you must look at history of bitcoin and its price after past halvings.

I discussed two situations.

Situation 1 when you don't have money for investment. With that situation, you have no choice to delay your investment because borrowing money is not good for investment. You should never do it because you want to invest in something instantly. Delay your investment plan, work to get money for investment later.

Situation 2 when you have available capital but are uncertain and procrastinate to invest. You must do research and make your decision. With this situation, if you don't invest, it is not because you don't have money but because you don't have knowledge and belief in Bitcoin.

Sarah Azhari

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Quote from: Youngkhngdiddy on July 05, 2023, 05:14:28 AM

Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.

If I were you I will just leave it, because without them who will buy at high prices?
We can't keep reminding them to buy and buy from now, because we have a lot of work to do (do not neglect your real work). I once tried to convince someone in my office to immediately buy bitcoin when the price was below $15k, but he didn't and insist waiting below $10k. but, the fact has happened, the Bitcoin price never back to $10k and he don't buy it, instead bought at $25k. I chuckled seeing him to be FOMO.

I am also aware of that, without him who buys Bitcoin at a high price?
stay cool, many Procrastination people are still waiting, they are what we need to buy bitcoin on the high price.

Zlantann

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Quote from: DeathAngel on July 05, 2023, 05:53:18 AM

Seems like good, sound advice to me OP. The best time to buy bitcoin was years ago but the next best time is now. You can take custody of your own money & be your own bank. Inflation is killing our fiat savings so it’s certainly a great idea to diversify into inflation killer bitcoin. You have plenty of time to buy before prices start to rapidly rise after the halving.

Regret is a major consequence of procrastination. Knowing the profitability or importance of an investment and failing to take advantage of it will bring so much disappointment. Some people will never buy Bitcoin until the price starts going up. Some will even buy toward the end of the bull run which might be risky. Although the price has gone up, there are still opportunities for profit-making. As OP has written, the best time to start buying is now. It is better to be late than to lose this vital privilege.

Quote from: CryptSafe on July 05, 2023, 03:06:00 PM

I think what is SEC attack is a major factor affecting the market trend and investors are sceptical about the whole process and hence it seems as if everyone is sitting on the fence watching what would happen next.
The procrastination is not intentional but of one being cautious while observing the market trend. Currently the price is down below the last ATH so we can say the price is still down not until it surpasses the ATH. At this point, it would be cool for long term investors to buy their way in and hold till halving come next year 2024.

The attack of SEC is one of the current triggers of the fear of the unknown. But that is the risk every investor in the Bitcoin space has to take to be able to get the reward ahead. For now, these attacks by SEC are having minimal effect on the price of Bitcoin and the currency is gradually becoming resistant. There has been also some good news about potential new investors in the crypto industry. Nobody can predict the future but every hodler believes that next year will be profitable regardless of the attacks from any quarter.

Slow death

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this is a market where, for years, when there is good news, the price is greatly affected, a few days ago there was good news that caused the price of bitcoin and even litecoin to rise a lot, but the issue most of the time is to know if that good news is something that will be effective in the long term or in the short term, when is the case with the good news of a few days ago or week in which it is a wealthy company that submitted its ETF application and that will still wait for approval so it can already be predicted that the price increase will be temporary, because although the price is rising due to this good news

the international market is still in a crisis due to the war and with that the bitcoin market will obviously be affected, so the increase will be temporary and then it will fall, and this could also happen with the halving, the price could even rise gradually but later would fall, and people know that, so they will wait until it approaches the halving to buy and be able to take advantage of the price increase and sell at the top and then they will wait when the price drops to buy, for people the profit is the most It is important not to just blindly hodl just because there is a halving but that halving is still a long way from happening

jossiel

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Quote from: bittraffic on July 05, 2023, 02:01:55 PM

If the government (SEC) just don't try to ruin its market, they could have created more millionaires in Gary's tenure.

They can delay the market's riping scene but they won't forever get a hold of it. Especially on Bitcoin, halving is gonna be an unstoppable factor for the market to be at the best shape again.

There have been news that I've seen that Gensler should be out of his position in no time. But whether it happens or not, again, the market is unstoppable when we're getting close to halving.

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Quote from: death69 on July 05, 2023, 03:44:00 PM

Oh, and I sense a "unfathomably nostalgic" vibe from your procrastination-related thoughts. It's as if they're still on dial-up while the rest of us are watching 4K videos in real time. Sure, it's a gamble, but as the old adage goes, "no risk, no reward."

Not sure that I'd call including Bitcoin along with other more-established wealth-keeping options would be considered a gamble unless we're spreading our bets by ensuring Bitcoin's a diversification.

I do have more in Bitcoin than in other savings, but only because I can afford to risk self-custody (everything else is state-insured, and spread across several states). I insist on my dialup, because others depend on me. Perhaps most of us live in that reality, where we are not an island.

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Quote from: The Cryptovator on July 05, 2023, 01:10:40 PM

Fear often leads people to miss out on opportunities, particularly in the context of investing. However, it's important to understand that not everyone in the world is motivated solely by the desire to profit from Bitcoin. Each individual has their own priorities and commitments, which may take precedence over investing. Not everyone will actively pursue Bitcoin. Even those who are familiar with Bitcoin sometimes fail to seize opportunities. We tend to wait for further price declines during market downturns, and when prices rise, we wait for a dip to accumulate more, inadvertently causing us to miss out on potential opportunities.

Having fears is actually normal especially for beginners who are still afraid to take the risk but if you chose to remain in that state, I guess you will never gain progress within yourself. That why you need to take extra leap because that is a must in every investment. And when you’re there, be sure to understand the purpose why you take that risk so that you will not settle on doubts and hesitations that will only procrastinate your achievements and success in your life. Be goal centered, and invest when the price is low before you’ll run out of its good opportunity again.

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Quote from: hd49728 on July 05, 2023, 05:43:52 AM

Quote from: Youngkhngdiddy on July 05, 2023, 05:14:28 AM

Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities.

Procrastination can be because of your hesitation, uncertainty or it can be your lack of investment budget.

If you don't have investment budget, you only can work and in the meantime, have to procrastinate your investment.
Don't be hurry and borrow money to invest because you don't want to procrastinate.

If you have investment budget but hesitate to do it several months before a halving, you must look at history of bitcoin and its price after past halvings.

If you know the high potentials of bitcoin to be successful in the future, and you have the sufficient amount of funds to invest, then why bother to procrastinate? You don’t want to miss big opportunities again so start investing in bitcoin and expect significant amount of profits in the future. Otherwise, if you try to be always on doubt and hesitate to start a move, then you will never achieve something big in your life. That’s the kind of mindset that successful bitcoin investors always want to avoid.

Topic: Avoid Procrastination, Buy Bitcoin And Prepare For The Next Halving. - page 8. (Read 1431 times)