Trading bitcoin have always favors the ones that goes for knowledge first before venturing into it, because when you really know what you are doing, after doing your technical analysis, you will always know the best time to buy, but someone that doesn't do any analysis will buy, but he won't make as much as someone that knows his or her way in the cryptocurrency industry, if he is lucky not to record some losses.
It's very true that we buy at a price we deserve.
Topic: Everyone Eventually Buys at the Price they Deserve (Read 277 times)
The good thing about it is they are the one who is asking you right now and you are free to say the things they need to know especially those important things like volatility and how to prevent themselves from scammers and to protect their keys from hackers. Put the profit aside first, what is important is they need to learn those basics and fundamentals to protect their coins and I'm sure when they get used to it, they will gonna buy bitcoins with the spare money they have after they bought everything they need in their house. A little amount of bitcoins is not bad than buying it with the money you can't afford to lose because that would be worse if you need back the money and the price of BTC has not recovered yet after it crashed just after you invested.
I do not feel pity for them that they will have to buy it now while it is at $24k, because if there is one thing that I have learned so far in my Bitcoin journey, it is that everyone eventually buys at the price they deserve.
You don't need to feel pity for them because they made choice for themselves, atleast they will learn from it not to miss the opportunity for next time. Many people take it for granted to buy bitcoin at low price, they feel the price will keep on getting low, they only want to watch if the price begins to rise that will be the right time to buy. When the price keeps increasing they become confused to buy because they feel buying at the moment is expensive compare to when the price was very low when they had opportunity to buy.
Last year, when Bitcoin was down at about $16k–$17k, I screamed, I shouted, I appealed, and I persuaded all my friends and colleagues to get it. Some are IT professionals, some are business owners, some are investment bankers, and some are government employees. I offered them the best strategy to get in easily without any stress: the dollar cost averaging strategy. When we hung out for drinks, I would always find a way to bring up the Bitcoin conversation. On our WhatsApp group, I did the same thing. Their counterargument was that Bitcoin has no value. And their assertion was further fueled by the FUD, FTX, and all of those negative news stories about Bitcoin that were all over the place last year.
Fast forward to February 2023. Bitcoin is now worth more than $24,000. They're highlighting my messages on Bitcoin from last year and wanting us to meet and talk about it. "How can they get in?" they'll wonder. "Is it too late?" they have X dollars they can spare. They are my friends, and I am going to help them out. While I am glad they have shown some interest in it, I do not feel pity for them that they will have to buy it now while it is at $24k, because if there is one thing that I have learned so far in my Bitcoin journey, it is that everyone eventually buys at the price they deserve.
I guess understanding comes in degrees, when you were begging them to queue on lower price rate of $16k they might sees it as something scamming, not worth taking risk or get rich quick scheme but the magic is that time do not wait for anyone at all, is either you realized it early or lately that what you're supposed to be achieved early is now a late project.Fast forward to February 2023. Bitcoin is now worth more than $24,000. They're highlighting my messages on Bitcoin from last year and wanting us to meet and talk about it. "How can they get in?" they'll wonder. "Is it too late?" they have X dollars they can spare. They are my friends, and I am going to help them out. While I am glad they have shown some interest in it, I do not feel pity for them that they will have to buy it now while it is at $24k, because if there is one thing that I have learned so far in my Bitcoin journey, it is that everyone eventually buys at the price they deserve.
But they are your friends do well to see them through, when it comes to bitcoin you're always on time. They can still achieved their dream trading, investing and mining with bitcoin. I guess your success so far baffles them.
There's no need to force anyone into buying Bitcoin, investment is a choice that everyone should do by theirselves. instead what you need do is pass the necessary information to your friends and let Bitcoin start to reflect in You , with these and as time goes on, I promise you they will be the ones looking for you, because they have started seeing what Bitcoin has done in your life.
...While I am glad they have shown some interest in it, I do not feel pity for them that they will have to buy it now while it is at $24k, because if there is one thing that I have learned so far in my Bitcoin journey, it is that everyone eventually buys at the price they deserve.
The cryptocurrency market is very volatile and you cannot be sure that the price of BTC will constantly increase. It may take quite a bit of time and the price of bitcoin will drop below the price at which you bought and your friends will have a good opportunity to buy BTC at a lower price.
You don't need to feel pity for them because they made choice for themselves, atleast they will learn from it not to miss the opportunity for next time. Many people take it for granted to buy bitcoin at low price, they feel the price will keep on getting low, they only want to watch if the price begins to rise that will be the right time to buy. When the price keeps increasing they become confused to buy because they feel buying at the moment is expensive compare to when the price was very low when they had opportunity to buy.
When you say buying at the price they deserve it make it sound like when the price was low they refused to buy, it all depends on their budget, the price might be $23k and me I don't have up to that amount that point in time, not that I don't want to buy but my money is not up to that amount, and I will have to miss out on buying when the price is low, and when I have the money to buy, the price has gone up, so I might want to wait to see if the price will come down again, and before you look it has gone up and up. 
It would seem to me that you are very enthusiastic about your friends investing in Bitcoin, whilst to you it might seem a good thing to do, it actually is not, for obvious reasons actually, many of which has been highlighted in this topic already, the moment you are somewhat of the catalyst as to why someone invests in Bitcoin, you are already bearing the consequences of any mishap that the person might incur in the course of that investment.
Having said that, if your friends are suddenly interested in Bitcoin because of this minor pump, and they now see that the price has gone up from when you guys had your last discussion, then you should prolly tell them not to invest until they absolutely know what they are getting into, the price might be high today, but what if a plunge happens tomorrow, can they bear it, can they hodl.
Having said that, if your friends are suddenly interested in Bitcoin because of this minor pump, and they now see that the price has gone up from when you guys had your last discussion, then you should prolly tell them not to invest until they absolutely know what they are getting into, the price might be high today, but what if a plunge happens tomorrow, can they bear it, can they hodl.
If I were you, I would be very careful about giving advice to my friends.
Each of us is different, has different experiences, knowledge, personal and financial situation and expectations in life.
What is good advice or suggestion for you is not for someone else.
Some people do not understand the risk of investing, some people are not patient enough to wait years for the return of their investment, and some people cannot control their emotions and as soon as the investment's value drops, they immediately sell everything in a panic.
In short, any kind of investment, whether in crypto or in something else, is not for everyone, and it's even more difficult if you come into conflict with your friends because of such things.
Each of us is different, has different experiences, knowledge, personal and financial situation and expectations in life.
What is good advice or suggestion for you is not for someone else.
Some people do not understand the risk of investing, some people are not patient enough to wait years for the return of their investment, and some people cannot control their emotions and as soon as the investment's value drops, they immediately sell everything in a panic.
In short, any kind of investment, whether in crypto or in something else, is not for everyone, and it's even more difficult if you come into conflict with your friends because of such things.
You're lucky because you're in the right moment, what if you've persuaded your friend when Bitcoin price was at $69K? all of your friends will mocking you until now lol. If they're your close friends, you might get a mental health problem because they will always mocking you about your stupid prediction. However the good thing right now Bitcoin price is still stable at $24-$25K, don't forget to give update when Bitcoin price touched $15K lol.
Last year, when Bitcoin was down at about $16k–$17k, I screamed, I shouted, I appealed, and I persuaded all my friends and colleagues to get it. Some are IT professionals, some are business owners, some are investment bankers, and some are government employees.
I think that it is just a normal expression that we will have when the price of Bitcoin suddenly dropped very much in a short time. The problem at that time was probably we are too late to take profits and the price had been declining until this day. But, there are also other people who are expecting this situation by utilizing every chance to buy the price in dip and make more accumulation for long-term investment. I really agree with you that everyone actually buys Bitcoin at the price that they deserve, that they can afford, and that they think that the price will be more valuable later. Moreover, because Bitcoin is very worthy in the long term, it doesn't matter too much actually if we are buying at any price rate. As long as we can manage our investment and also emotion not to panic in every situation.
Just as not everyone will be able to buy bitcoins at low prices, many investors will not be able to profit from bitcoins even if they belongs to. Bitcoin is considered by many as a money making scheme, Only those who are long term holders can get that advantages from Bitcoin.. An ordinary investor can never wait for that desired moment of Bitcoin.
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I screamed, I shouted, I appealed, and I persuaded all my friends and colleagues to get it.
Do not compel anyone to invest in Bitcoin, regardless of your motives. There is already enough easily accessible information for anyone who wants to try out how it works that you don't need to shepherd anyone into investing.I would expand on what you say: don't compel anyone to invest in anything at all. If it goes badly they will blame you, and if it goes well they will probably not even thank you. Add to this that surely in investments as safe and profitable as bitcoin, more than one will hesitate to sell in a small market downturn, and what are you going to do then, insist that they don't sell or even buy more? People need to invest according to their knowledge and goals and not have someone watching what they do and telling them whether to buy, hold or sell.
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Fast forward to February 2023. Bitcoin is now worth more than $24,000. They're highlighting my messages on Bitcoin from last year and wanting us to meet and talk about it. "How can they get in?" they'll wonder. "Is it too late?" they have X dollars they can spare. They are my friends, and I am going to help them out. While I am glad they have shown some interest in it, I do not feel pity for them that they will have to buy it now while it is at $24k, because if there is one thing that I have learned so far in my Bitcoin journey, it is that everyone eventually buys at the price they deserve.
The storyline sounded very familiar and as I was reading I already knew how the story will end. Good thing though we haven't entered the bull market yet and the price is still very affordable for the average users to afford a whole number of Bitcoin. It isn't a must to buy one Bitcoin as you can buy fraction of Bitcoin but I recommend you get them to try holding a Bitcoin as there won't be enough to go round when wider world adoption starts pouring in. It's inevitable that Bitcoin will be trading above $100k eventually so by then holding atleast 1 Bitcoin would be the best decision any investor in the space would had made.
Help your friends out, get them involve more in the industry and not just buying Bitcoin. Educate them on exchanges and wallets. Many investors don't know the difference between decentralized and centralized service providers and that's wrong which is why we still have a very large amount of coins been held on exchanges. To then they believe it's safer there but we all know it isn't because we have been enlightened on those topics. Do the same to them so they wouldn't add to the ignorant investors we already have flooding the industry.
True, people buy bitcoin when they deserve it. Not buying at a lower price could be the result of some unchangeable factors. People are constantly hoping for the price to fall further before purchasing, only to be disappointed when the price eventually rises again; the worst-case situation is for one to keep procrastinating.
If your friends want to buy now, they can because it's not too late; bitcoin still has a long price range to reach its current ATH. Don't force any of them to buy it; instead, let them do so at their own free will and at their deserving market value, as stated in the title of the topic.
If your friends want to buy now, they can because it's not too late; bitcoin still has a long price range to reach its current ATH. Don't force any of them to buy it; instead, let them do so at their own free will and at their deserving market value, as stated in the title of the topic.
Last year, when Bitcoin was down at about $16k–$17k, I screamed, I shouted, I appealed, and I persuaded all my friends and colleagues to get it. Some are IT professionals, some are business owners, some are investment bankers, and some are government employees.
I think that it is just a normal expression that we will have when the price of Bitcoin suddenly dropped very much in a short time. The problem at that time was probably we are too late to take profits and the price had been declining until this day. But, there are also other people who are expecting this situation by utilizing every chance to buy the price in dip and make more accumulation for long-term investment. I really agree with you that everyone actually buys Bitcoin at the price that they deserve, that they can afford, and that they think that the price will be more valuable later. Moreover, because Bitcoin is very worthy in the long term, it doesn't matter too much actually if we are buying at any price rate. As long as we can manage our investment and also emotion not to panic in every situation.
$24k to $64 is very likely, it will touch the last ATH, maybe even more when the market is already bullish and the timing is right. just focus on the main goal, do it for the long term. It will give you greater profits when you are patient and wait for the right moment.
That's the goal anyway, but when we're talking about "likeliness" we'll never know. It might take decades, years, months, or just a couple of hours to reach that. In the long term, just keep holding. Not like it is all about making me earn a lot of profits anyway as a long-term holder.Others may say that Bitcoin is like a money-making scheme just like the one I previously replied in the other thread, but nah that's just the icing in the cake.
I do not feel pity for them that they will have to buy it now while it is at $24k, because if there is one thing that I have learned so far in my Bitcoin journey, it is that everyone eventually buys at the price they deserve.
You don't need to feel pity for them because they made choice for themselves, atleast they will learn from it not to miss the opportunity for next time. Many people take it for granted to buy bitcoin at low price, they feel the price will keep on getting low, they only want to watch if the price begins to rise that will be the right time to buy. When the price keeps increasing they become confused to buy because they feel buying at the moment is expensive compare to when the price was very low when they had opportunity to buy.
It is not advisable to persuade anyone to invest in Bitcoin, and just because you feel that 17k is the bottom doesn't mean it will work out that way, we are still currently in a bear market so anything is still likely to happen.
I have a brother who planned to buy Bitcoin and other crypto projects only when Bitcoin goes below 10k, he stands firm on this plan of his and told me to follow the same step but I refuse, because I like doing something opposite of what everyone is doing, so I start buying Bitcoin at 17k.
I plan not to run out of cash, so that when unexpected opportunities arise I will have money to take advantage of the situation, I believe this is the best that anyone can do for themselves, instead of relying on what may happen or what may never happen, I say, be prepared for both.
I have a brother who planned to buy Bitcoin and other crypto projects only when Bitcoin goes below 10k, he stands firm on this plan of his and told me to follow the same step but I refuse, because I like doing something opposite of what everyone is doing, so I start buying Bitcoin at 17k.
I plan not to run out of cash, so that when unexpected opportunities arise I will have money to take advantage of the situation, I believe this is the best that anyone can do for themselves, instead of relying on what may happen or what may never happen, I say, be prepared for both.
I can't blame anyone for not buying at a lower price. Due to the poor financial situation, some of us, myself included, were expecting Bitcoin to crash even further, but it didn't. I don't really mind since I didn't have the necessary budget to purchase, so I was stuck accumulating through my signature campaign, during which time I was receiving significantly larger amounts of Bitcoin. However, it's still far from being "too late" to buy Bitcoin at the current $23,000 price, which isn't too bad if you're interested in long-term holding.
it is that everyone eventually buys at the price they deserve.
maybe your friends felt sorry when they didn't listen to what you proposed at that time because the price was relatively cheap and in fact, they realized when the price had increased.this teaches them a lesson, and I hope you will also explain and discuss with friends in advance regarding the risk of the investment being made. if they do not accept when the future price of Bitcoin does not match what they had planned. they could just blame you. everyone should be aware.
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