Topic: When will you finally buy - page 3. (Read 1166 times)

There is still a bull run going on in the market with Bitcoin price going up and down from $70k. Many people may not want to invest in Bitcoin in the current market, many may be looking forward to the initial price of Bitcoin last year. And after a few days bitcoin halving will start and after a few days bitcoin will start halving then maybe the bitcoin market will take a correction but I don't think the price of bitcoin will go anywhere near last year's lows. Such thinking would be foolish if the price of Bitcoin were to approach last year's lows after the Bitcoin Halving. Of course I think the best time to invest in Bitcoin is when it takes a price correction after the Bitcoin halving. Because after the front halving, when the bull season starts, expect Bitcoin to hit $100k.

The mistake we make, in my opinion, is assuming that everyone is aware of Bitcoin without telling them.  For example, throughout 2014, Bitcoin experienced rapid growth and many people heard about it without completely understanding how it works. My recommendation is that you cannot simply advise someone to invest without providing evidence; if you want to persuade someone to take action, you must show him the advantages. I'll use myself as an example. Over the years, I've heard a lot about Bitcoin, and when its value increased and I saw people using it rejoice and not complain about anything, I became increasingly interested in it. As a result, I didn't have to wait any longer to start investing.

They repeat their activity many times.

When price was cheap, they were fearful and hesitated to buy. Through their long hesitation and waiting time, price recovered and moved out of bottom range, started a bull run, then they feel regretful by missing good entries.

It's when they start to repeat their mistakes again. Hope for cheaper price, discounts but when the market gives them such discounting prices, they are fearful and hesitating again. The cycle repeats until a time they actually steps in and becomes participants in this market, live with it and experience it by themselves.

With time and experience, they will become Bitcoiners, not all of them definitely.

Those who procrastinate from buying bitcoin do not actually have the faith to invest that's why they end up with invalid excuses. So let's stop from encouraging them to enter bitcoin investment because once they incur losses, they will end up blaming us for that. Instead, let's just focus on our own. Eventually, when they see us making great changes in our life, that's the time they will encourage theirselves as well to try and study bitcoin investment. At least, we won't be responsible anymore if ever they fail on their investments.

Don't ever regret my decisions, instead we should be doing our best to make sure we don't mess around. I'm never going to wait because there's more chances of me milking the system and it will achieved in good strategy. We buy when our mind tells us to and not following the huge trends of the market. The market is filled with volatility and there's more opportunities to sketch because we have to deliver the very best. We have choices to make in the system, we should be doing what we does best.

This is so true that everyone can relate to this conversation. Many people didn't buy because they thought this could be a fake. when they become to realise that it is Legitimate. Then this time it is too late to act. You wish you should have bought bitcoin earlier.

We should never delay to buy bitcoin. because even though the price is at 70k next 1 or 2 years it may reach to 150k or 200k. but this is for sure that it won't go to zero.
Anyone that can buy bitcoin it is the right time to buy it as soon as possible. if you don't you will regret your decisions.

Exactly, you are correct Some people continually make excuses when they don't want to do something, and anyone who constantly makes excuses in bitcoin, I don't waste my time on them since they aren't ready to achieve anything in their lives. They consider anything online to be a scam; if you know about bitcoin and understand everything about it, you will never give any explanation for it; instead, you will strive to get people to invest with you and make money. Something that he will be very hard for you to lose all of your money when you invest in bitcoin since it is volatile. Any time the price drops, it will undoubtedly rise again without losing too much money on it. Is merely for you to establish a plan that if he reaches this amount you will sell it,  just simply try to leave it for the long term and you will undoubtedly achieve your goals. if someone complains about bitcoin, you should just ignore him and advise him to go do his own research before complaining.

That's exactly how most people behave towards Bitcoin, they will always have a negative opinion about Bitcoin in other to cover there excuses, although the truth is that irrespective of how potential and how good it is for people to venture into Bitcoin but we cannot force them to, so we that believe in Bitcoin and it potential we will always continue investing and also in terms of wanting to buy in a particular price I don't think is necessary because Bitcoin has shown and proving that we can invest anytime and have a good return in the future that's if we are willing to hold. And also like you mentioned DCA is also a good method to be adopted in terms Bitcoin investment because it has it has it own guidelines.

There is still time for us to buy since we'll waiting for the Bitcoin halving to commence so we can make more profits from the market. Even at the current price of 71k, we can still buy Bitcoin because it's going to be a long bill for us as cryptocurrency traders and investors waiting to benefit from our investment soon. The way we are looking at it,we might make huge profits from the crypto market especially if the price of Bitcoin could reach 100k. It is going to be a big bonus for all of us that are holding and trading in the market. Those that want to get some hi holdings can do so because the crypto market is ranging and hoping to set for the bull.

 You know it’s best you  don’t take matters to those that are not interested and are not willing to learn, because it will be a waste of time on your ends and make even it even seem like a disturbance on the person. Instead of pouring water on plain rock, while not just focus more on yourself let them see the growth and be inspire by what you do. People tend to believe what they see, they want to see the result first before they put their dime into anything. These set of people are the Thomas of our time, they feel that seeing is just believing to them,  this has worked for them one way or the other, in some cases they miss out on the opportunity that comes from some certain information. The best is just to focus on yourself, any one that’s show interest and is willing to take the risk feel free to put the person on.
   Bitcoin shouldn’t be enforce on anyone, it’s a matter of choice and individual preference. You can discuss bitcoin related topics with friends try putting out the effort of peaching it to your inner circle if they buy it then fine, if they don’t still fine. It not bad they are other investments out there that are lucrative and that can yield good returns like bitcoin. The DCA method still remains the best method of accumulating bitcoin, it doesn’t matter where the price of bitcoin is now as long as you stick to your strategy.

Now that the bull run is still on in the market and anybody that will buy BTC now will not too make a good profits from it because, the price has risen to $72k and nobody knows if the price will continue to rise until it reach $80k before it can drop down to $20k which is the target of some buyers in the next bear.

Once the price reduced to $17k or $18k before I will buy  which is my target in the bear run and, I believe that the bear run will surely reach that price next year and I will use that opportunity to buy like the way I bought last two years to hodl till March this year to make a good profits from the market.

It's quite impossible for anyone to know the highest high or deepest low of any coin. This is why it's good to take action and buy anytime you are capable of buying. Using DCA may help you to stay in profit as you buy.


I don't see this as procrastination but being fair of investing because he doesn't want to lose his money. Life is all about risk, the more you run from risk, the more you are losing out. After good research, one just needs to be positive about anything you invest in

absolutely right, i agree with what you said. sometimes people laugh when they find out that i invest in bitcoin, some of them even say why aren't you rich with your investment in bitcoin? i just laughed and said that just mind your business, if you can't afford to invest in bitcoin it means bitcoin is not suitable for you or you are too stupid to understand that. because arguing with people like that will only waste time and make us become stupider.

You're right most people might keep hearing about bitcoin,and also how people get profited by investing on bitcoin, They might decide not to give it a trial,reason is because they don't have the knowledge on how to invest,even if you want to give it a trial. first you have to know some investment techniques, and also to know the profiting coins you can invest on, as a beginner this are the things  you need to consider before making any investment.

I don't want to believe that, and also we all become what we believe, crypto in general, not just Bitcoin, have taken me from the ground to a higher level, I am worth thousands of dollars thanks to crypto, and this money in my local currency is in millions, I consider myself a millionaire and I am working towards a millionaire in dollars, I believed it and it happened.

Most people don't get attracted to Bitcoin simply because of the waiting game and the lack of understanding, I am saying this from the experience I had with people around me, it always looks like a big deal to hold on to something for years before you get some good reward, but for me its easy.

The sad part is, these same people go on with their lives and 4 - 5 years will still pass like it's yesterday, and their achievements will only be fairly better to none since 5 years back, I just made up my mind that poor people are poor because of the way they think, and rich people are rich because of the way they reason.

Let’s be realistic here. Bitcoin is not the key to solve poverty but it can be a great aid for our daily survival. But not everyone gets attracted to bitcoin, simply because of how the government is against on it, and how volatility might threaten profitability. We don’t need to let other people take some risks with bitcoin when we all know there’s always other ways to gain income even without getting involved with bitcoin.

It was pretty normal back in the day to see Bitcoin as some kind of ponzi scheme i mean it was onviously a new thing and there was no proof of profot on it your not really sure if the technology even work at that time, so investors that time are really just risk takers for sure putting that money and believing on Bitcoin.

Most of us are going to be doubtful for sure that we cant really blame them because if you doesnt know what is Bitcoin that is probably what your going to think about it, because there are bunch of news that connect to Bitcoin especially illegal one connect to Bitcoin like blackmarket etc.

We were just lucky wnough since we are able to know and have that knowledge about Bitcoin allowing us to believed on it, they surely doesnt know Bitcoin unless they are going to do it themself make some research discover it.

Let people chose the fate of their own future. Who knows, they can be more profitable with other investment far from bitcoin, as bitcoin is not the only valuable investment in the whole world. However, my point is people should know when to see potential investments and when to avoid such investments that depreciate in value with time. If they procrastinate bitcoin investments, most probably they have future plans on it or they just don’t want to get engage with bitcoin from the very beginning.

I can't force you to change your decision but of I try convincing you and I doesn't work then I'll leave you to make the decision you want. Your target of accumulating half a BTC is a great one and indeed it will yield you lots of profit in time coming, but I waiting for the money to get to exactly 0.5 BTC is not a good idea. I understand that you want to invest using lump sum, but when your target money is not yet complete you could just divert to using DCA until you get your complete 0.5btc. the reason for this is for the purpose of not missing out on every profit that might be on the way before your target amount for investment is complete. Of you use DCA, you'll probably get some profits along the way before your 0.5btc is ready for investment. But if you keep procrastinating, you should keep in mind that problems don't end, anything can happen at any time that will promp you to use from you savings for investment to solve something else. besides inflation in traditional fiat currencies is one of the reason why Bitcoin investment stands as the best place to keep our funds.

Bitcoin is certainly a profitable investment that becomes more valuable in time, unfortunately not all can appreciate that. That’s why doubters and procrastinators exist, because they’re not up to bitcoin actually, hence alibis and different sweet excuses are made.

But in reality, we all know that bitcoin is not a do or die. So if people delays things or keep on missing opportunities in bitcoin, it only proves one thing, they’re not fit with bitcoin, otherwise they have been rushing to the market to buy and hold bitcoin when the price was still cheaper compared today.