Topic: How can i correct my mistake - page 2. (Read 576 times)

A person cannot know everything at first, a person has to move forward slowly to know. Here if you want to know about Bitcoin investment, you have to learn about Bitcoin slowly, you cannot be in a hurry because this is not the place to be in a hurry. When you become experienced, you will understand by yourself how much experience you have gained about Bitcoin and you will understand by yourself whether you can provide security to the investment.

It is very difficult to accurately analyze the Bitcoin market because no one can accurately predict which direction the market will move at this time. However, it would be better for you to buy and invest in the current market rather than waiting for the market to decline.

When you were introduced to Bitcoin Forum and Bitcoin, you may have missed out by not buying Bitcoin, but it would not be right for you to regret missing out because you did not pay attention then, which is why you missed out and you understand that now. However, do not regret what you missed and start now, hopefully you can get good success in the days to come.

You don't need to much knowledge before investing in Bitcoin all you need is to have the basic knowledge on Bitcoin investment, learn how to protect your funds and know the type investment you want to go into before investing. If you have money to invest in Bitcoin do not waste your precious opportunity in waiting for the price to come down because you can never see the price of Bitcoin going down to the amount you want.

When I first started my Bitcoin journey I only know few things about it.
The price of Bitcoin depends on the market don't expect that it would always go up the price could also go down.
It is something that most newbies don't want to accept and accuse Bitcoin to be a svam cause they loss some of their imvestment.
And lastly securing your wallet is the most important thing in cryptocurrency always make sure that your funds are safe and secure.

Agreed.
Analysis brings results everywhere, a person who pushes for knowledge and ways of doing things better finds the ways to adapt / make things right.
And that's great if the boundaries of what was already known by everybody or even a single person - broken.

most investors most likely do not understand bitcoin’s blockchain beyond the simple concept like you said unless you are someone interested in blockchain development or coding it doesn’t help much in investing

understanding the blockchain deeper would not help you speculate accurately more than the other investors
nothing is easy just make sure that you give it your all and really put in effort if you really want to succeed in whatever it is you want to do

To make it simpler, I don't think it's necessary to learn blockchain in detail because we're not trying to develop blockchain but trying to invest in a fairly promising asset like bitcoin. It's different for some people who might intend to develop their potential in the blockchain sector or do have an interest in coding. It's better to focus on buying potential assets like bitcoin and most importantly, be calm and not panic so that we can wait for a big increase for the next ATH process to generate profits.

Just to find out is not difficult because we can see this learning on the internet and now there are many discussions that can be learned even though sometimes we can't understand all of them easily. It is better to look for easier opportunities and focus on increasing the assets we want to invest in because that is much better in my opinion.

You should gain sufficient knowledge about Bitcoin before you start investing. If you do not gain knowledge about Bitcoin and do not have experience, you will not be able to succeed by investing or you may lose your investment at any time.

The price of Bitcoin is not likely to fall on your request. Bitcoin moves at its own pace, Bitcoin will not go down if you want it to and Bitcoin will not go up if you want it to. It is difficult to say when the Bitcoin market will dump, but if you want to invest, you can continue investing by remembering the DCA method, in which case you do not have to wait for the market movements.

Since you entered the Bitcoin forum and learned about Bitcoin, you just didn't accept it, that's your failure. I would say you didn't come late at all, you came at the right time, so you can continue investing now without regrets.

You should know the basic knowledge about Bitcoin and crypto at least.
- Know the nature of Bitcoin and crypto
- Ensure to manage the wallets properly
- Learn the price history and bullrun-bearish season
- Understand the best time for entry-exit

Crypto has 2 seasons, bearish and bullish season. If you want to start a long-term investment at a safe time, you can wait for the bearish season. It is the time when most crypto coins are declining a lot of their prices, including the Bitcoin price. 2026 probably will be the time for the next bearish season. So, you need to wait for 1 year if you want to start investment at the best time. However, if you only want to invest for a short-term, you can start buying whenever we have a big dump/correction.

It wasn't a mistake. At that time, you were probably not really sure to join Bitcoin investment. You should only invest in Bitcoin when you're confident with Bitcoin investment. Now, if you already believe in Bitcoin investment, you can start your investment when we have a good time for entry.

Learning about blockchain in general can be very broad; instead, they can focus on just learning the basics and doing a little research—not about how price moves but being familiar with price that it's not just an upward movement; sometimes Bitcoin price can reduce drastically, and in such a moment they should not panic as it's normal; sometimes price also pumps up very high that it gives the holder massive profit, but as a beginner getting the right information about Bitcoin is very vital.

OP, you are never late to Bitcoin investment, you can plan your budget accordingly as  you want to invest in Bitcoin. If you keep waiting for Bitcoin price to come down so you could buy then you just might keep waiting for it as it keeps appreciating in price value and you might not be able to get the volume at the price the same way you want to buy again. With this current price, you can invest and hold for long term if you want to make good profit from your investment.

As for the Bitcoin knowledge, you can use google search engine to search for materials and YouTube videos as it relates to Bitcoin information. There are lots of educative materials online which you can read to equip yourself on Bitcoin.

I would first make sure not to listen to 99% of what people here are telling you, as most people here are morons, and just here to shit posts to make money of signature campagins and will say ANYTHING to fill their word quota.  Now that might make me sound like hypocrite , and it ways it does, but I've also been around for nearly 10 years now as well as being a long time financial advisor, so I'm not just some schmuck filling their quota..

NO ONE KNOWS WHERE IN BITCOINS PRICE IS A GOOD TIME TO BUY, NO ON!!! DCA is your best options.  DM's are open if you want help or further explanation.

Your middle statement sounds so funny, a clear indication you're still confused and definitely have no clue about bitcoin as a volatile asset and what the word volatile in this market environment really means.

No individual can tell you exactly when the price of bitcoin is going to fall or rise, we are all speculators in this market and everyone's speculation is dependent on the analysis of available data and information they could lay hands on.

What I can tell you for free is that there's no right time to invest in bitcoin, anytime is a right time, so you better stop wasting time and invest while you can. And avoid the temptation of investing beyond what you can afford to lose in order that you can have the the patience to hold for long and see your portfolio see some good profits.

you don't need to be a phd to invest in bitcoin. what you need to do is simply understand how to invest properly and not repeat your mistakes again. just invest in bitcoin now, choose the dca or lump sum method (_{whichever you think is best}), and hold it for a long period of time. no need to think about what the best strategy is or what if the price fluctuates.... if you invest for a long period of time, then things like that are just noise. what you need to understand is the risk of investing in bitcoin which tends to be unstable and how consistent you are in investing.

To correct need, is to start to think that it's never too late to invest in Bitcoin. If you keep finding at the bottom of it, you might miss it again. And that's why while you wait for it at assumed bottom, all you can do is to buy it at times that you've got the money. DCA is the strategy that we call it and that's how you'll be able to help yourself from satisfying that you'll be able to correct your mistake. And that's why if you have some prices in your mind already, make sure that they are realistic while we're in a bull run. Or if you're not convinced, wait on 2026 and buy for the next bull cycle of 2029.

Yeah, many people are avoiding buying right now because it is at 100k, and they are waiting for it to drop. This is wrong, because you could still buy right now, and keep buying long term and could retire wealthy if you do that, and not many people can see this, which is quite sad because it should be done and I am pretty sure that we are going to make a great profit from this as well.

However, not a lot of people could see why we are seeing this neither, we should focus on how to make money on drops if you want to and if you want that to happen then you need to wait for the bear period. When will that be? Well, it will peak this year first, then start to go down, I assume the bottom will be in 2026, so you have more than a year of waiting if you want to make money that way.

Before jumping into btc, it's crucial to grasp the fundamentals such as how transactions works, where to store your bitcoin securely and the risks that come with it. I cant really predict when the price will fall, bitcoin's price fluctuates unpredictably. It's understandable to feel like you missed an opportunity but there's always room to begin if you're willing to take the risk. Just make sure to start slow and only invest what you're willing to lose.

This is something a question that cant be answered on which everyone or each one of us will really be having that same question because there's no way that we can be able to predict on where the price would really be that going. If there's someone who do able to predict on where prices will be going then it will be that just too easy to make yourself getting rich but we do know that this isnt really happening and there are tons of people who do lose money or being liquidated into this market on dealing up with crypto investment but since you are pertaining or asking about Bitcoin then there's no such thing about being late. Market corrections are normal but you can also decide to hold up your position if you do really want or like.

There's no such thing about being late because anyone could dive in with Bitcoin investment, it all matters whether you will be that going for long term or short term because not all will really be able to handle out such risks because there are ones who are risks takers and there are ones who are really that wanting to deal up with less risks on just simply holding it. So it will be that up to you on how you would be gonna handling up yourself within crypto or Bitcoin investment. Just read up some real time experiences from other people and applying it into you on which this is  a good behavior.

It's all about doing analysis and things yourself.
Once you are self-sufficient, you won't rely on the opinions as much as on your own expertise.
And that's what is truly wonderful to be able to do and follow through.

I don't think it's never too late to start with bitcoin. It's definitely wise to get familiar with the basics before investing knowing how it works, how to secure your assets and understanding its volatile nature. While no one can say for sure when the price will fall, keeping an eye on the market trends might help you catch a better entry point. Start small and remember it's not about timing the market perfectly but about staying informed and consistent.

Bitcoin market can be very unpredictable and change quickly. Be careful of people who say they know what will happen or promise you will make a lot of money. Investing in Bitcoin is risky so it is very important to do your own research and think about your financial goals. We can not change past but we also do not know what will happen to Bitcoin in future. If anyonr thinking about investing in Bitcoin make spread your investments around and never invest more money than can afford to lose.