Topic: How to end indecision and delay on bitcoin investment (Read 183 times)

An investor needs to identify the area of indecision because indecision is like a fence that hinder an investor from achieving his or her goal.Also fear should be removed,some investors are scared of investing on bitcoin due to its volatility.

The benefits of investing on bitcoin should be focused and not the losses.Some investors have failed to invest on bitcoin because their mindset are fixed on the losses.

People opinion should be avoided most especially when it coming from wrong source.An investor shouldn't consider any information on bitcoin that isn't legit.

An investor that is self confidence achieves his or her goals.

Understanding the strategies other investors has taken to succeed and practicing it end indecision and delay on bitcoin investment.

Thanks for listing these important guidelines wey go help us to de focused and avoid indecision for Bitcoin investment matter, if we no follow some sets of rules like these ones wey you share so, we fit de delay to hold better asset like Bitcoin. Fear of the unknown fit to stop people wey no de knowledgeable for crypto matter, but for we wey know wetin de, we no suppose slack to de hurdle Bitcoin.

I agree with your guidelines except number 5, wey you say make we avoid people opinion because e fit come from wrong source. So what if di opinion de come from the right source? We need to hear people opinion then decide whether we go take am or not. Lastly number 9 wey you talk say make we do wetin our mind tell us without second thoughts, this one de a little misleading. What if your mind de tell you to do di wrong thing, based on the wrong information wey you don gather? I believe say we no need to rush into making decisions because we fit de wrong. Di reason why we de confidence for Bitcoin be say we don take time study am and come know say na better investment e be.

Most people are aware about Bitcoin and wish to invest in it but they are just scared of the volatility that comes with crypto. They have forgotten you can't make it in life if you are not ready to take risk.

OP I like all the guidelines wey you list like dis but you see this no. 1 indecision, that one enta wella because many investors dey find am difficult to take one particular decision during investment because of fear to lose if the market no go as planned so any thing wey person dey do make him dey able to make decisions wey go expose some hidden goals wey him go achieve without minding anything wey go happen because anything wey go happen go happen so to remove fear wen we wan make investments dey very good as e go help person not to make too many mistakes base on say you don carry am for mind say anything wey wan happen say make e happen.

These are all good tips to end indecision about bitcoin investment but the one I value the most is making up your mind that you really want to do it. If your mind is made up without having any doubt or fear towards what you want to achieve, you won’t have a problem getting it done. Bitcoin investment is not a forceful or a persuasive type of investment, the person has to be willing to do it after understanding the scopes that are guiding it, only with that can he have confidence in his/her investment and will make something good out of it.

Thank you for bringing all the points for people to follow so that they can not delay and have indicision before investing in Bitcoin, delay is denial so we must try and overcome anything that will make us to doubt or put aside a profitable business like Bitcoin investment. We need to build confidence and control our fear of investing in Bitcoin, because it is volatile, that is why it is good to have accurate knowledge of it to understand that if the price dips it will rise again, in the future the price will keep going higher and giving the investors more profit for their investment.

I only disagree with the number 9, you said that we should do whatever our mind tells us without second thoughts. I think that we should always think twice before taking any decisions in this life because we can sometimes make hasty decisions that we can later regret. We can be emotional or gather wrong information and our minds can take decisions based on what we feel or hear immediately that can be wrong, so we should reconsider thoughts and make reserach before taking final decisions.

Op to us the beginners we appreciate this your post as it enlightened us more on how to be courageous all the idea is welcomed especially the one you talked about seeking people's idea I would have gone far on  this platform  , instead I was told I would loose much, but I think they where wrong as I have seen people making it on this thread.

This focusing more on the benefit and not loss dey very difficult for some people, before you wan invest you go first consider the risk and the benefit, no just go focus for the benefit only because before winning you go definitely take risk and you should be aware of the risk involved. But people don too take the loss serious na why them no wan invest again.
E good to dey avoid some unnecessary opinion and even with people's opinion make your own research to dey sure of wetin you dey do, no be only to dey take people advice always and most especially for money matter, I don observe about humans and everybody dey make that mistake, people dey always smart for another person matter but when it comes to their own problem them no get any solution, this part of avoiding unnecessary opinions for bitcoin investment dey very important.

The first important thing anyone that wants to invest in bitcoin is to make sure that s/he has a source of income, and if you don't have a source of income, you should look for a job. If your income is small that you wouldn't be able to invest in bitcoin, you should look for another means of income so that you can have enough to take care of your monthly expenses and still have enough to invest in bitcoin.

Believe in bitcoin

Staying more focus on the benefit shouldn't be the problem but stay focus on how to keep on accumulating and increase your bitcoin portfolio, so that you can reach bitcoin target as you are only to invest on a long term investment. See bitcoin as a treasure that is worth having so that it will motivate you to invest immediately you can.

The topic is talking about Bitcoin investment and not altcoins that's why he said focus only on the benefit and it will serve as a drive for your Bitcoin accumulation. If you agree with me, those who invested in Bitcoin and hodl for long has recorded more of benefits than loss. Moreover you can only loss in Bitcoin investment when you decide to sell of your investment when there is a fluctuation in the market. So I think the author no. 2 point is valid.

This your points them make sense well but the tin be say no be all of dem go work for everybody and if person fit follow all dis your point dem well e go see say all d tinz wey en go do go go well for dia Bitcoin mata but one point wey me I wan talk about na for the one wey you say make we focus for only benefit make we no reason d loss but I feel say na d loss dey important pass, if you dey reason only d profit dat means say u no go too dey careful, you go just dey put your mind for only profit so even wen u dey loss u just dey put money dey go, u no go no how to dey arrange your account make you no too dey loose na dat one dem dey call "risk Management" normally if you no dey too loss automatic you go dey gain you no need dey force am or dey fight am.

Jus try dey believe (stay optimistic) say ur invest go com out well and every where go stew , dey consistent and definitely d hustle go pay, put your mind once den do am, no dey allowed ursef confused becos dat wan go slow you down.

Uhwuchukwu53 you're on point, those who just came into the system will definitely find this post useful. But in my opinion, I think the best way to quite procrastination when it comes to buying Bitcoin is to learn about Bitcoin first. The only way to know how important it is, is when you spend time to study and know what it's aim is. I remember when I joined the forum newly, I didn't have any thoughts of buying Bitcoin but I had the money. I was just unnecessarily procrastinating but after I read the white paper, study the market and testimonies from it's holders, immediately it got dawn on me that I should by now. And that was how I started my Bitcoin holding journey. By the time you make proper research and study the market you'll see that the price from the genesis block has been increasing till date, and you know where the price is heading to in the next 5 years. I don't think you'll be needing anyone to do further explaining after your study.

You have done well in your analysis, but I still find this one to be somehow untrue. Because there is need to focus also on the losses, because the losses gives you the ability to invest wisely in other not to make mistakes. For example you inveated in altcoin and you loss alot of fund to it, that should be a lesson to focus in the right track like bitcoin, in other not to make that mistake Next time. Our past is usually a lesson for correction in the nearest future.

Creating of time table, to me is just like a DCA strategy on weekly basis. and programming how your fund will be spent in other not to spend extravagantly. Because if fund is received and its not programmed accordingly by setting aside for bitcoin investment, family expenditure and also a reserved fund, It will be difficult to succeed in your crypto journey. So in my own understanding i think that is where this no 3 of your list falls.

Sometimes your mind migh deceive you if not properly understood. Sometimes if you choose what your mind tells you without consulting a learned person on what you want to do it might misleed you. All what you need to do is to do an assessment by asking a random question to different set of people like the way you brought this thread here. People will bring up there sudjestion and you will be the judge of it by figuring out the best, rather than just follow your mind when you don't know where your mind is leading you to. Though we are the best adviser of our self but let it be after summary of different contribution and not a selft moderated decision.

Ending this lies in our hands, we are the one fully involved in it, so we should know what we must do to ensure that we make the best decision on our own interests, making bitcoin investment is as easy as having the right thing to do, but the moment we are not on track with what we do, then we may need to be extra careful about what we are already into because we cannot manage to get out of what has already turned a trouble on us.

I don't really blame or finger people for their indecision or fear in the Bitcoin investment including other cryptocurrencies, this is because most people are scared of the volatility in the market thereby becoming increasingly worried about the likely failure that can stem from the lost.

Secondly, most users as well as lovers of Bitcoin are mostly scared of the lack of knowledge on the intricacies of the technology thereby being fearful to invest in it. This is simply because the invention and adoption of Bitcoin is new to many, and only a few still have deepest understanding of the technical skills that surrounds the technology.

So, to take away fear from failure in the Bitcoin investment is to enlighten ourselves more with the technical aspects of the technology especially the investment associated risks and market trends.


The truth is, Bitcoin presents us with a myriad of benefits that can be compelling. One is supposed to look at the long term benefits of what comes with investment in the technology rather than looking at the short term losses that is associated with it. Understanding that Bitcoin gives us ample of opportunities to become financially independent through trading and investing in it, makes you feel better than worse in investing on Bitcoin. It also helps you to face the fears and build a thick skin around the potential failures that comes with it. Mind you, there's no business investment that doesn't come with associated risks and potential failures.

Looking at the bigger picture of why the technology supercedes the traditional banking will give you more confidence in investing in your time and efforts to learn more about it. For instance, Bitcoin gives you the opportunity to invest through the DCA approach and still make profits out of your investments. It also helps you to understand the market trend and minimize the risk and lost with your investments.


Consistent and adherence to a consistent timeline through setting of achievable goals makes it easier for you to win in your bitcoin investment career. This can be achieved when you establish a well structured approach by crafting a clear timetable that will outline specific milestone for your investments. When you do that, it gives you a clarity and road map for your investment journey.

When you also give yourself the habit of regularly reviewing your milestones and cementing the mistakes, it gives you the edge to reduce the failure of the investments. This is mostly achieved through creating effective timetable, which makes you more organized, focused, discipline and result-oriented.


Optimism is key in every aspect of life. You fulfill your goals and desires, when you look at the positive side of investing, it gives you the spiritual energy and encouragement to triumph.



Other guidelines like understanding the scope others took to succeed and putting into action what your mind inspires you to do without a second thought, helps you to easily navigate your way to successful trading and investment. A good investor, is well guided and positively imparted by ideas that run into their minds. Your mindset tells a lot about your persona and goes on to influence your level of success in your investment life.

Fear brings indecision and it is important for an investor to remove fear while making investments because having fear might make him to make some wrong decisions that may affect his investment goals so absolutely, eradicating fear is very important if one actually wants to be a good investor.

Yes focusing or putting more interest on what you gonna achieve from your investment is very important rather than thinking about what if you incur losses although sometimes in our quest to make profits, we run into losses but that doesn't mean that we should think negatively while making investments.


Optimism is a sign of positivity as what ever one is doing, being positive and working towards positivity can most times lead to successful results so it is necessary to be hopeful that your investment goals will be met by following the basic and right principles.


This one is also good you know it isn't too good to be seeking people's opinions though sometimes you can seek from experts who have been in the system for a very long time but that doesn't mean you should be too dependent on them all the time as you can basically make your own research about what you need to know rather than always sorting for people's opinion after all, what ever happens to your investment, it is your money and only you gonna bear the consequences.

The following is the most valuable guidelines of ending indecision and delay during investment on bitcoin.
1. Identify the area of indecision and remove fear that leads to failure.
2. Focus more on the benefits not on the losses.
3. Create timetable and gives deadline
4. Always be optimistic by avoiding spirit of pesmistic
5. Avoid people opinion because it may be harmful mostly coming from wrong source
6. Always be self confidence
7. Understand the scope others has taken to succeed
8. Evaluate positively and negatively  your past indecision and delay consequences
9. Put into action what your mind tells you without second thought.
I think this can help us this year on Bitcoin investment , please add yours to help our growth.