Topic: Preparedness is better than prediction - page 2. (Read 499 times)

To be honest, you can't prepare for what you know nothing about,  but also, knowing isn't enough, you'd have to also be ready. This reminds me of the old saying " proper preparation prevents poor performance" mostly used In the aspect of academics but also means a lot in this field also.

The bull market is on the run. Those with proper information know that prices will continue to increase from now on till probably 2025, but knowing all this would be a waste if you can't take advantage of the opportunity early enough.

Well you are partially correct but it's not just about preparation but also knowing how to execute it. Most people are prepared in this life but they don't know how to go about it and again prediction is not a  bad idea because most people have benefited or become successful with it and again you should know human being are/is always prepared but the material or item need to execute what they have prepared for is limited.
However, prediction is very nice provided it happens as been predicted and not encouraging if it doesn't.

Weti  dey worry people from. Buying bitcoin is procrastination,  that is wetin for the price of bitcoin to come down  for them to buy which sometimes it doesn't even come down just as people expect.  Most people waiting for the price to come down are not even ready to invest in bitcoin they use this as an excuse and later they start regretting for not buying bitcoin as the price is low. Nobody enters the market and do well unprepared .

Even if one makes predictions without being prepared for what will come out from their prediction then they are likely to face some problems because we predict things base on what is obtainable now with the hope that it will still continue in that nature in the future so peradventure, if it doesn't work out the way we expected and their is no preparation for it when it doesn't work the way we forecast then it may lead to failure so it is Important that as we are making speculation we also prepare for whatever outcome it turns into.

   Preparedness na the most important thing to do if you wan make or get good things for dis life, some people na mouth dem take dey read ,like Bitcoin we no suppose to dey talk too much before we invest because we know say at all at all we go make am no matter from an amount wey we start to dey invest ,imagine people wey still sit down dey look sey the price of Bitcoin go come down before dem go buy, I no see dat person say him get money to really buy and invest because person wey get money and know wetin investment for Bitcoin dey about, no dey waste time at all. Unlike person wey only dey talk, him wan dey predict weytin go happen next make I be like sey him follow for the matter.

Op prediction na one of the thing wey make you be investor, your ability to sabi the market come dey make predictions wey dey very close to wattin go happen go really help you go far this Bitcoin or crypto market. And this same prediction naim you go use take make better preparation, however the bad part na when person dey make predictions and e  come dey procrastinate without preparing, to prepare dey Wait naim be the best thing wey investors fit do before we enter any season be it bear or bull run. So in support of the op preparedness is the best, because the prediction fit go fail you any time but when you prepare they wait naim good pass, even if things turn upside down for that time so, other times no go fail you.

OP, your post is making a lot of sense and I believe say anybody wey no prepare for the upcoming bull run go regret am later as people go begin cash out wella when they are taking out their profits. For anything wey person wan do for dis life, to prepare ahead of time na him be d best thing to do and not procrastinating always.

The crypto market still dey friendly and still open to new investors wey wan put money into am ahead of the bull run. Everything wey you wan do, if you do am early na him you go enjoy am pass and go get plenty benefits wey come wit am when odas too dey benefit from am.

Some people still dey doubt btc bull how e dey be. Last bull we still get doubting Thomas and this year too we go still see those wey go dey say if I know. To avoid that kind regret, e better to still carry small money take put inside the btc so that you go still follow get the expected profit because na sure say the volatility go make sense as morning never reach btc don dey fly as we dey see am.

But na money be preparedness, some people still dey carry money flex and forget say if them invest now, at least by next year December dem fit cash out double of their investment. We need to act quick before the motor begin speed .

I directly your saying patience is necessary when investing in bitcoin. Because when it comes to preparedness you need patience to actually watch the market and while waiting you are getting prepared to enter the market at the right point in time. I actually like this method, because it is convenient and it saves you the stress of buying. Because you only buy bitcoin when your ready for it, no panick buying just relaxed and buy them when you are prepared for it.

The only potential coin to buy na bicoin. You sorpos make am clear and presise. There is always time to buy Bitcoin but where the problem dey be say the more Bitcoin dey recover em self to reach ATH the more e dey dey costlier by the day. About 3 weeks ago or 1month ago bitcoin Been dey $30 to $32 gradually we Don dey $42k that means say wo been dey protcastinate say him but Bitcoin, wetting e for buy for cheaper amount go cost pass wetting e soppos buy am.why somebody wey get 1BTC when price been dey $30k don make $12k profit. Even who invest with $300 now go don make $420 that is $120 extra so. Bitcoin investment dey important make person no delay time otherwise you dey reget as the price they imcrease.

On paper, the first paragraph may make sense in a utopia world but in reality it is not pragmatic. Waiting in the crypto space is not a viable strategy. In fact waiting may cost you more than taking small steps.

I still would pick the DCA strategy over what the OP described in his first paragraph. Better still I'll use both of them like a authentication. While you expect a dump or bear market continue with your dollar cost averaging strategy. Do not carried away by too much optimism.

Action speaks louder than words. Some people just dey talk too much for this forum about Bitcoin but  dem no even get any Bitcoin holding in their portfolio some self no even get any portfolio. Well e never late sha. When opportunity meets a prepared person, success is the end result. Lots of us know everything about price movements but they never benefitted from the price movement. What's the essence of sharing knowledge when what you are sharing is not benefitting you. We still have some months before the Bitcoin halving, you can start now to accumulate you will be surprised how much Bitcoin you will have before the halving happen next year.

Being prepared is the first step in what a person is willing to do, since if a person wants to do something but is not prepared for it, the outcome is zero. I'm curious how certain people can sit in one place and foretell what will happen in the future. How will it be possible if you're there predicting but don't prepare for it? Or they believe that everything now is how we stand, and if we stand well, our future will be better. So, even though Bitcoin has dropped to $20 today, who knows what we're going to achieve and who knows what we're going to acquire, because we can't be delighted that Bitcoin has crashed and we weren't prepared How will we buy it?
This time, everyone is preparing because they don't want what happened four years ago to happen again. It is preferable for us to do well in the upcoming bull run. We must not let our dread of the future drive us to perform acts of selflessness that will jeopardize our chances of success. We can simply sit down and be predicting the future without investing a single bitcoin. Let us know allowed the negative to hinder our progress we should stay in positive and not miss out on an opportunity that will alter our life. Because investing is not only about growing wealth, it's also about avoiding the regret of missing out on a chance shall pass by our side.

Dem plenty here na, na only predictions dem dey. Dem no go take action but only predicting what the price will be at specific time. Them go dey here with all the knowledge but newbies wey just enter the market go get gain pass them because deytake action instead of just talking as dem dey do here for the forum. This na the thing wey dey make me tire for the forum sometimes as e just dey make person talk talk and if you no take time your whole day dun go talking without you taking any action. Nobi here all of us dey when Bitcoin dey below $20k but abeg where the price dey now, make una no lie how many of una buy or even save your signatures earnings in Bitcoin?.

Just know say na yourself wey you dey do so, make you no go dey here miss this bull market wey dey come so. Just dey buy Bitcoin and no only they advise people to buy for here for or follow they predict everytime. If you notice, you go hardly see me for any prediction thread, too much talk talk no good. Do your talking for your wallet, make am get weight with Bitcoin wey dey inside. There isn't any amounts that's too much brother, just dey buy more as money dey enter your hand. Keep money for account too wey be say you go dey use buy when the price drops more. E good to get fiats oh as e go save you many wahala like when fees been high, you no need sell your Bitcoin to use hold body. Just make sure as you dey advice people's so, you dey do the things wey you dey advice make your mates no leave you behind get this bag.

One should be prepared as we never bargain for unforseen circumstances that is the reason for keeping emergency funds.
Most times things do not just happen base on prediction but definitely ment to happen that way so the earlier you begin to prepare the easier it becomes to approach when it happens.
We can say predict and prepare at the same time even when your predictions do not happen accordingly but your preparation is already there to tackle in what ever way it might happen.

In Bitcoin, one should be able to analyze the market and get prepared, is it waiting for DIP, knowing fully well that after some years circle before the halving the price of Bitcoin will drop so the earlier you begin to save up for the DIP the larger the amount you will invest and greater the profit after the halving.

Meaning if you are prepared for the bull run to come and it appear real by pumping to $100k, you cannot act to make profits right, once you are prepared by investing your money in a potential coin like BTC, you must act well when the price pump higher in the market because the most important thing is to prepared well and once you are prepared, it will be very easy for you to make money when the price rise to your satisfaction.


 I believe many people have used the opportunity well when the price fall down to $19k early this year and, some people are still using this period to buy more to increase their gain when the price hit higher before the end of december.

In life, it is good we are ready for anything that will happen rather than just staying one place and begin to make speculation and predictions on how the future will be, though is still good to make predictions for the future but it is important for us to be prepared for whatever thing that the future might hold be it negatively or positively.

So many a person just sit and make predictions without putting in efforts in other for those predictions to come to reality, so inasmuch as cryptocurrencies more especially the most volatile of them all being bitcoin is concerned, we do not need any soothsayer to tell us what the future of Bitcoin holds as we are already seeing the handwriting on the wall so is left for us to start buying and hodling Bitcoin now rather making speculation of the price dipping before we can start buying. For the fact that Bitcoin hasn't attain it's ATH is enough to make us to understand that it is never to late to accumulate Bitcoin now because there will absolutely be an explosion (rapid boom) in Bitcoin after the halving in the bull market.

Preparedness is better than prediction, real facts.
For instance, imagine a kid who dreams of becoming a Doctor in future. In achieving this dream, this kid has to go to school, read books, get acquainted with the medical profession and environment then, he's prepared to serve! Note that firstly, the kid gets to prepare.

Every reasonable and sane adult should see preparation for any task he or she needs to accomplish as top priority because, in course of preparation one is able to identify weaknesses, threats, opportunities and strengths in whatever business he/she has to deal with in due time. Preparedness has never left a single space for failure rather it is a pavement for success and security.
 
Prediction on the other hand looks more like procrastination and that doesn’t help anyone.when you keep on predicting what will be when you don’t have a prepared backup plan to fall back to should in case a problem arises is really messy. It always leaves a space for devastation and hopelessness. In order to succeed, there is a great earning that comes with preparedness other than predicting.

Exactly preparing for the next bear is the most important thing right now since many people have missed out the last year and early this year bear market to accumulate more Bitcoin to their portfolios. Procrastination is very dangerous in one life because something you can do at the moment, many people have the money to buy but they were afraid to buy while some wanted to invest but there was no money for them to invest. But I still believe it is not too late, because the price will still go up well well so if anyone want to buy and hodle, let them do now so that when the price goes up to the ATH then you sell it off and take your profit.

There is always a popular quote which says that "By failing to prepare, you are preparing to fail", which explains how important preparation means in whatever thing we do as humans, as it helps us to solve unforeseen circumstance that may arise in the future which we never planned for, henceforth, making it very important to use Bitcoin enthusiast, as with preparation of diversifying our funds helps us to take advantage of Bitcoin volatile nature, as we buy low and sell high.

Henceforth, preparation is a habit we should all always try to inculcate in ourselves in whatever thing you are doing.