Topic: When will you finally buy (Read 679 times)

Potential investors have a lot of reasons for buying and at the right time for buying. I have learnt and still am about the cryptocurrency market and although BTC is my number one choice, I will want to be sure I have gathered enough knowledge and ranked up here, before I delve into owning Bitcoin and maybe some top performing altcoins too.
Also, this halving I have heard and read so much about has to happen firstly too before I finally decide if I want to be a regular trader or just holder of BTC.

Usually he common scene happen to them is they wait for a dip to buy but when the dip came their decision change since these people got afraid on more price dump that might happen that's why it always end up nothing to them especially if the price of bitcoin bounce back and here they are doubting because they didn't take any chance to grab while the market is experiencing a bad fall.

If people always act like that and afraid to take decision to invest while there's a chance for them to do it then provably they would miss a lot of chance and will just regret on why they became so dumb for listening other people sentiments towards those possible dump that they are spreading.

That is the most mistake some people's usually make in their life: they will not buy Bitcoin the time price is dropping. Till when the price rises, they will find an excuse and start debating themselves by asking irrelevant questions. And anyone who truly wants to achieve what others have accomplished should do the right thing at the same time. When you see that Bitcoin is at a cheaper price, it is actually the moment to purchase Bitcoin, and even when it comes to earnings, you may earn large gains, which can even motivate you to buy more Bitcoin next time.

However, individuals that purchase Bitcoin at high prices end up losing a lot of money since they don't perform any study on the Bitcoin market before purchasing it. Having expertise and information about any investment is critical to your success, but not everyone understands this, which is why the number of people who lose money on investments outnumbers those who succeed.

I expect someone who doubted Bitcoin will have a lot of excuses for not buying it. It's up to them to decide when it is difficult to please someone and educate them as certainly they will stand for what they believe is right and true. So instead of helping this kind of people, we better focus on our doing. Even though we have proven Bitcoin as a profitable investment many times, that won't make everyone believe it. That is why we are still hearing people regretting and blaming themselves for not buying Bitcoin while it was $20k, $30, and soon because we all have not found BTC as a valuable asset at the same time, some just find it lately.

That's just the fact. When the price goes high they'd say no, it's been too exorbitant maybe they'd have to wait when the price goes down they'd not hesitate to buy. Meanwhile you as an experienced Investors would ask the person to buy just as he can afford despite the price rate possibly you're insighting more increments in the market maybe he can also partake to benefit from it or he'd wait for so long untill the prices skyrockets and then goes goes which may take a while.
He'd still be giving himself those false hope and not you who's trying to bring in up to the industry because he's only doing himself and not you.
And finally prices goes down you'll have him asking that when will it pump up again? So that I'd know my schedules to purchase before the time. At this time, he'd just find some nonsensical excuses of foolish himself as if he's investing for your own interests instead of his.
Infact, most of these excusers would make you feel like you're a team with the crypto industry and you're also part of the plans mapping on how to bring people into the platform and defraud them from their investments. This is just how most of them feels but they'd never tell you of that suspicious feelings.

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.

Mike is not a good business man and he doesn't want to risk. If mike was a good business man, Mike would have understood the movement not bitcoin after 4 years. There is no Ponzi Scheme that last for 2 years because the scammers are always calculating when the population increases in the site and once they hit the amount the website would developed faults and website maintaining would start and other things. Any business that stays for more than five years then that business will stay for a long period of time.

But the best time to invest in bitcoin is in the dip and not really in the bull.

of course, pessimists is the right word to describe them. They are always expecting to hear a bad news about something and they are never prepared to take any risks, sadly their carefulness don't get them any richer, They end up spending the funds which they could have invested in bitcoin on other frivoloties. Like the case of my sister who chose to buy a car over bitcoin, because she believes it will crash soon. I tried to convince her to buy and HOLD, but she already made up her mind.I pity her because I know she would surely regret her actions when I show her my gains after bull run

If you can not buy in quantity you get much profit. And that is why am not motivated to to buy now because the money is not much and if I can buy 0.5 worth of bitcoin then it will be more preferable that investing small amount of money won't actually yield the kind of profit i want and that is why I am taking my time when it comes to investment. And there a lot of things that people lack they do not calculate how they want to invest all they do is to have in mind without thinking anything through or even having target.
I can not invest if I don't have target and luke I said the least I can invest is 0.5 upward. So that my profit will be large.  If the price goes up accumulation is not interesting anymore. And my strategy is something I know will work for me. And those that have the resources to invest and did not invest they will definitely be full of regret am sure of that. When people are busy making money you kept your money trying to keep it safe, instead of investing.

You're right asking questions is good, the most important thing is that are they asking a meaningful question?let me use myself as example I do ask questions but my question always happens to be meaningful, I think if there is any area that seems to be contradicting one is meant to ask questions. reason is because we are different people's with different ideals and thought, my level of understanding can not be as  the same as yours,there are some people who don't know much about bitcoin you don't expect them to trust bitcoin when they don't have any idea about crypto.

For you to invest in Bitcoin, it doesn't necessarily mean that you'll have to buy a whole Bitcoin before you are a Bitcoin investor. This is a personal decision and it's all up to you to make calculations on how to invest in Bitcoin that wouldn't be a problem to the rest part of your spending. And that's why we have the DCA strategy of accumulation that will enable you to make small installation for a very long period of time to meet a target while you still have that comfort in meeting other needs. It's true Bitcoin is not for everyone, but many who had the opportunity and missed it only end up regretting when they see that the price has risen beyond what they though was high. This happens all the time, but most of them end up buying at a very high price compared to when they where still procrastinating.

Do not blame anyone who has heard of Bitcoin but never invested in it. Loud and clear, Bitcoin is not for everybody but can accommodate anybody.
You don't just have to give all business opportunities trial, sometimes just pay deaf ears and pass by in as much you don't have interest in it but if you do but only that you do not have the investment knowledge, then go seek for it and don't hesitate to get on it because time lost can never be recovered although opportunity lost today could be replaced in time but based on luckiness and how much we strives

I just feel that investing on the Bitcoin was not a calling for Jeff otherwise his excuses are irrelevant and he would keep posting Mike that he would buy sooner and later.
There is no just passion for Jeff about that Bitcoin investments and I don't blame him in anyways in as much he has sources of income for Bitcoin is not the only option for source of income.
Let us be guided so that we don't keep to persuade people to involve into what they are not interested about.

Asking questions is good, but are they asking the right questions? I don't expect people who don't know much about Bitcoin to just trust it and buy without knowing much about it. It takes people who know, understand, and trust Bitcoin to buy Bitcoin when it has dropped 90%. The media feeds people a lot of crap about Bitcoin and until they get the right information, they'll keep believing those bullshits and making their decisions off of them.


I might agree that he's a pessimistic person, but like I said a major reason for that is because he doesn't understand bitcoin. When you don't understand it you'll have no trust in it and when you don't trust it you won't buy it when the price is falling.
A lot of people are buying bitcoins right now because it's the bull season, but their lack of trust has made them miss out on the real profit that they should have gotten if they had bought when the price dipped.

 

Personally, I use DCA as a strategy. Basically, set your buys on a schedule and forget it. Each payday I sell $200 cash for bitcoin. That’s $800 a month that goes into bitcoin. Its better in the long run to invest small amounts over time rather than all at once. I also mine so that adds go my bags as well everyday. The price only matters if you plan to sell. I never plan to sell any of my bitcoin. Notice I said I “sell” my cash for bitcoin, not “buy” bitcoin with cash. It's a completely different mindset. If you believe in cryptocurrency then buy, hold and earn interest. I have friends who have A LOT of bitcoin and they make more in interest than my annual salary. Thats my goal. Get to a point of replacing my income from interest earned in bitcoin. If I had a lump sum of cash I would 1st payoff any debts in fiat I have, then whatever is left over would go into bitcoin and ethereum. I would roll whatever I was paying on those debts into my DCA strategy. The price in my opinion doesn't matter bc I never plan to sell, just continue to accumulate overtime.

We were once like Jeff before, and probably until now we are still bearing a bit of Jeff inside of us. The only difference is that we finally take the risk and buy bitcoin, but the real Jeff has certainly nothing to gain because it’s clear as a crystal ball that he has never believed in bitcoin and people like them should not be forced to invest, otherwise, we will be held responsible of their future losses.

However, getting the right education is the key. A wise and smart individual can never resist the potentials of bitcoin, unless if he’s not willing to accept bitcoin in himself.

Someone once said that there's no best time to buy bitcoin, today is as good as any other. If someone doesn't want to do it for various reasons, maybe it's not for them.
When people debate this with me, I tell them that there's so many things in this world and we can't all own every single one of them. Some of us like to ride a bike, but others will choose a motorcycle. Some will prefer a car and will never own both a bicycle and a motorcycle and there are people who don't have any of these and walk or use public transport.
Couldn't force yourself to buy bitcoin for years? Just quit it and buy something that suits you.
Not all of us have to own bitcoin and not all of us have to profit from owning it, it's really simple. What's limiting you is your money and your choices, not bitcoin itself. Bitcoin is doing bitcoin things.

   This as been the major problems of the crypto newbies and I am not sure that even with many lessons they still buy single Bitcoin. Although even if they do buy the little they can afford they still have to sell it early because it has been on their mind and also part of their thoughts that bitcoin is a Ponzi schemes and one day it will drop to square zeros.
   For those kind of persons there is always a regret for them when what they are keeping away from has gotten a better advantages.
   One other things that people who have doubted Bitcoin are doing is, when they see Bitcoin going down just like the way it fluctuates all the time they thinks that's the end of it but they don't know that as Bitcoin is going down it's given them an option to invest/grab the golden opportunity.
   I wish has always been the result of people that doesn't invest in Bitcoin at their early age, some of them already know and they also have the advantages to invest in Bitcoin when it was low but they didn't because they have doubts and misconceptions.

Sometimes I feel its EGO too, because I have this particular friend of mine that always want to prove that he is right despite all the things that are going on now and the sight that he is seeing about the pump that is happening to Bitcoin this period but yet he still choose to detest and say it's a trap and if he buys something bad will happen and when I meet such ignorant and poor minded persons, the best thing I do is just probably to ignore them and let them strive in their big EGO and ignorance.

OP is just giving a simple illustration of people's approach towards investing in Bitcoin. Sometimes the same people who talked down on investing in Bitcoin will start regretting their actions and even beg you for money. I had a friend who preferred to invest in a Ponzi scheme because he wanted to get rich fast. Meanwhile, I have encouraged him to buy some amount of Bitcoin. Sadly he lost all the money he invested in a Ponzi scheme and he is now asking for financial assistance immediately after he saw that the Bitcoin price has started rising. He would have been a millionaire in our local currency if he had put the money he invested in that Ponzi scheme in Bitcoin. I think impatience and greed are some of the reasons why people fail to invest in Bitcoin. They are not patient enough to wait for a long time and they are enticed by the huge profits some Ponzi schemes or altcoins offer.   

From the title of the post down to the content, I really enjoyed reading it. its more like an ELI5 content that is majorly to capture the attention of the newbies. Perhaps with the information gathered here in the forum and in the WO thread, where I have heard some old forks talk about how much Bitcoin they have and how long they have been holding, if I don't have a stash of Bitcoin then I should be visiting the psychiatrist soon.

Most people who procrastinate buying of Bitcoin are mostly a result of being a habit built-in them outside the walls of the forum, when you have the habit of procrastination whether it's a matter of life and death they will still procrastinate. Nothing can be done to change them, but one thing is certain I'm won't be there when they will be complaining, the regrets would not reach my eyes. Every adults have his or her own decisions to make and I wish them well.

True talk. Most want to buy the lowest deep which is impossible. No one knows the lowest deep or the highest high of any crypto. This is the importance of DCA when buying any coin or token. This may help to manage ones FOMO and help to reduce the risk of losing.

Now is the time to buy for those who don’t want to miss the opportunity. But for the procrastinators, I don’t think they will come to finally decide when to buy, most especially that bitcoin price is currently at its peak right now. In the end, they will gain nothing because of their poor mindset while those who have always been taking advantage of bitcoin opportunity have already store a lot of bitcoin in their portfolio. With this given example, a lot of people can actually relate. But in the end, people like this end up regretting wishing they have always been eager to invest in bitcoin from its early days.

I know a person like that and I think that I've even wrote a post about him years ago. He's always late for the party. He's been around for years and never made a good decision with his bitcoin. At first he was careful, then finally bought during the bull run, not at the exact top but close to it, waited until bitcoin goes down, sold near the yearly lows and told me he's down over 50% of his money, so I told him to buy back and he did, but panicked and sold again, this time with some profit. Now he's out and we spoke a few months ago and I told him to buy. He said he'd wait a bit because bitcoin went to 30k so fast that there has to be a correction. He's still waiting for it.

The answer to your question is never. Most of them don't believe in bitcoin and will never buy it. They will regret not doing it, but they'll go into resentment and say that they lost their chance and now it's too late.

TBH, I didn't encounter any single "Jeffs" here in our place. Do you know why? Because not all of them are investing at all, and I don't see any reason for them to introduce Bitcoin to them. I don't want to teach people because I look at them and they seem not interested in investing at all.

I guess I'm lucky that I didn't procrastinate at the time I bought Bitcoin. I don't consider it late as well because I started learning Bitcoin -ber months of 2017, and I bought my first Bitcoin around February of 2018. Though I used it all for trading, I bought more Bitcoins at that time and held it (though I sold it for profit after a few years). On the other hand, I also believe that there are some people out there who already know Bitcoin, but for some reason, don't want to invest in it. Maybe they don't have money or do not know at all. Maybe they just don't like it because they aren't investing at all.

Overall, those who don't want to buy Bitcoins can't be called procrastinators. They have a reason for not buying it.

Just the best way to live. You don't allow things bother you. I remember when I was literally persuading people to buy bitcoin. Now, I don't give a f*ck.
I have an uncle who told me that bitcoin is not a currency and can never be currency. That it is only the government that prints money and that he is sure bitcoin is a Ponzi scheme and can never get involved. It is not that he is timid o... He is enlightened and has social media accounts. Bitcoin has made me some more money and my uncle is still in disbelief. That's how the life is...

Wait when Bitcoin is at a lower price before buying. From the Q&A, the person who answered only relied on his thoughts but never took action based on what he saw and thought.
His train of thought always stops due to limitations in convincing his actions, so this type of person is worthy of being called someone who likes to postpone success.

If every year there is still a delay because it is still considered too high, couldn't he make regular purchases using the DCA method so he wouldn't be left behind when Bitcoin was worth more than $72,000?

A typical person like that will be someone who is always in a state of regret and complaining, in my opinion.
There is no way to convince such a person to no longer adhere to the principle of delaying opportunities.

It's quite sad a few people have to miss opportunities such as this because they somehow feel they are going to be scammed or are too unsure about it and ends up not been able to invest until they will just have to regret in the nearest future because they didn't invest when they did had the opportunity, personally I don't wait for an opportunity to pass me by and start regretting, the first time ever I heard about Bitcoin, I never knew anything about it but then I grabbed the opportunity regardless and later I'm now happy I did, when I bought the Bitcoin then, it was in 2019 and today I have sold it and still bought again since then.

If you understand the dynamics of Bitcoin you wouldn't wait for all the up and down before seizing the opportunity els you may never get to have an opportunity to get on the Bitcoin trend and possibly get to stay profitable when there's an increase In the price. Bitcoin will still increase again so even now it's still an opportunity to buy because when it increase by the next bull market it will be a thing to make some few bucks from it.

Mr Jeff is obviously playing hide and seek with himself bro!
One thing about lazy people and individual that aren't committed to doing something meaningful for themselves is that they always have a reason to remain stagnant in life. That level of patient isn't even possible for me to constantly come back to you for a period that is that long.

Procrastination is an enemy to succes and it's only when it becomes late that the procrastinator finally decides to take his life seriously.

I definitely I need a friend like Mike in my life that will be that dedicated to seeing me grow.

This is actually what is going on in most people's lives in our society, they feels like buying, but they always have an excuse not to buy, and that's how they keeps on procrastinating buying Bitcoin till this day, even when I believe that it's not too late to acquire Bitcoin, even though the price is quite high, but I believe that the potential of Bitcoin is way much more than it current price.

And for those people that keeps on procrastinating, they actually don't know how dangerous procrastination is to a man's destiny, because procrastination kills more dreams than anything else.

When the price drops, it is really very scary to make purchases, as another drop may follow after the fall. And as a result, we have to make our purchases when the price starts moving up. But some continue to wait for another decline, but miss the opportunity to buy at a low price and do not want to buy at an already increased one.

There is no investment that is late just that people don't always stand on their words by investing when the price hasn't make much changes sometimes they don't believe the market would make much change and was expecting for the market to drop to their desired point before entering the market to buy, but forgotten that the more wait the market the more the market keeps growing to an extent buying bitcoin at new ATH seems to be very risky since they refused to buy when it was very low. I know such thing always comes with regret because they couldn't take so serious when the market was down around 30k to 40k they thought it would go deeper than this but changes to new ATH.

This such situation, happened to many people around the world. I was one of them.
I knew Bitcoin around early 2017. With certain condition, I was not able to buy any BTC. Because I really don't have enough money to buy it.
I found this forum and tried to earn some money. But, it's not easy to do it here.

Anyway, I came up again in the bullrun of 2021. At that time, previous the bullrun, I was aware to invest in BTC, but again, I have no money. The condition that made me not buying BTC.

Until after 2022, I really did it, It's so pleasure that finally I could buy it although very few amount. But it's enough to start my journey.
It's not as early as you ca, but as ready as you are. Because if you are ready with all things needed, such as the money, the mentality, and also the knowledge, you will be wiser to do the investment.

You have said it all that due to the acknowledgment Bitcoin has achieved so far, there's no time people accumulate some BTC that it's not a good investment, so why do they need to be concerned about the possible dump that will only create a buying opportunity since halving is around the corner.

The truth is that, it is lack of personal conviction that has lead majority into procrastinating having Bitcoin in their portfolios not because they are not bouyant enough, one must have that conviction that Bitcoin is a coin worth investing on before getting involve. But however, procrastination is a bad deases and many has regreted their actions and reactions as per the early stage of Bitcoin, another truth is that many lack the right investment approach and strategies and they are not even open minded  for new ideas and opportunity reason why they hardly make progress. But well every individual should have the decision of choice of investment Incase things goes side ways they will have no one to be blame but themselves.

And that is why they will never succeed in bitcoin investment. The annoying part is that they would want to share the bad news with other people, trying to discourage them from buying since they do not want to buy as well. Most times, they end up succeeding. When bitcoin was low, they procrastinated; when it increased, they were full of regret. The same thing happened again when bitcoin dipped during December last year. They still did not buy it because they felt it would dip more.

One thing I have come to understand about investment is that when you think you are smart and act like you are not too smart, you will end up delaying the actions you would have taken a long time ago. Looking at the market chart and planning when to buy will surely slow you down. This is the best time to buy bitcoin.

This is funny   to me, because it has happened with some people who are still in my life today, if they had followed my way we would all be rich right now  

They always have some excuses, and I was in the same position as they were, and I was able to still buy some Bitcoin back then, they asked me a lot of questions and I always made sure that I answered them but that's just it.

When they make money from some hard jobs they will spend it on something else, and they will blame the amount that they are making, saying they can't afford to use some part of that money to invest in bitcoin.

I used to ask them that if they never made that much money every month, would they end their lives? If you can't manage when you have nothing you won't be able to manage when you have something, you will use everything as you see it.

God knows I tried for a few people, I even introduced the DCA strategy to them, my very own way of buying Bitcoin every month, it doesn't cost a thing unless you make it cost a thing, most times the way humans reason with the situation and the future is what's setting them back from progress.

Jeff seems to be the type who prefers to play it safe.  While his reluctance to embrace Bitcoin early on caused him to miss out on substantial gains, perhaps in time he'll recognize the potential and decide to become more involved.  There's no point in joking about his caution, Jeff ultimately must travel his own path.  If he one day hops aboard the Bitcoin train, good and  if not so be it.  

There will always be people like Jeff around us. All we can do is educate them as best we can, but the choice belongs to them.  Besides, there's a bit of "Jeff" in all of us, right?

Not everyone loves what you love, OP. I see no reason at all to prove or, moreover, to force someone to buy Bitcoin. Let them wait. Let them not believe it. Will this cause problems for you personally? No, rather the opposite.
We may not be able to keep up with the interests of those we know, but Bitcoin has many allies, and we are all here today. But that's not the entire globe, right?

Those that really don't have interest but just heard Bitcoin will always say something to reason out why they haven't bought. They are the ones that don't really have any interest in buying and just like watching the price goes up. But those actual people that have interest on it and have understood how it is going to be in the long run won't have anything to say but you'd be surprised that they've actually bought.

It is what it for them when they always say that it's quite expensive. Like right now, Bitcoin has broken into another new ATH reaching $71k, they'd say that it's now expensive and bullish but wait until it goes to $100k, $200k, $500k, $1M and so on.

They'd always say that it's expensive where in fact that they can DCA if they really like to.

I was in Jef's, shoes when Bitcoin was created, I was skeptical too about it, especially because a Ponzi scheme that became very popular in my country, then that eventually scammed a lot of people, so people were naturally afraid and were likening Bitcoin to that Ponzi scheme. It's better late than never, I'm now a Bitcoin investor and this will be my first halving and bull run experience, and I'm looking forward to a massive ROI in this season. Many people are still being pessimistic about the reputation of Bitcoin, some feel like it can crash and vanish with people's funds, others are waiting when the price will dip to it's early days before they will invest, while the knowledgeable ones are keying into this decentralized asset that it's value will outlive all of us.

It sounds obvious to us but we should try and male the effort to think like people does outside our circle. I suppose that the same kind of stories are told in different forums about different things making jokes about "outsiders".

Not everyone has taken the BTC red pill. In fact, although we are all used to talk every day to people here who has taken it, the reality is that we are a great minority, and that the conversation in the OP is even better than most conversations you can hold out from here. (You'll find more easily that they answer: Bitcoin? isn't it a bubble/scam?).

They're not procrastinators. They're skeptics/pessimists. It will be a shame if anyone here harboured that behavioural pattern despite all we've been hammering here since 2023 for people to buy in. Anyone whoever has checked Bitcoin charts should've already made up their mind that it's a sure investment at a time like this as we go into halving. It's just that most people like to chase price. Chasing price is good for the industry but that shouldn't be for those who are informed.

Let me share something that happened recently. Someone asked me to invest for him finally when Bitcoin touched $42k despite I started talking to him about it when Bitcoin was around $22k. He invested less than $200 into it this January. Seeing that his investment had done over 50% in a space of six weeks he asked me to buy more for him. I told him he should relax and enjoy the result of his pessimism for investing little. I'm not one to chase price.

Im kinda seen a lot of people with this response and they ended up buying at high. Of course they have their certain ego not to buy when someone bought already and afraid to get embarass for not buying. Well someone is smart if he buy with all confidence. If only this time I am aware of bitcoin maybe I bought too and stack some but in all honesty we cant really bought in due to thinking its too expensive and realize the potential when its already to high.

An interesting conversation that draws two different characters, one maintaining the principle of the other giving in to win and continuing to follow BTC developments. interesting. Indeed, at the beginning everyone might have been skeptical about BTC and what happened today definitely exceeded all their expectations.

Apart from the conversation above, you will definitely buy it, yes. Currently the price of BTC is rising and many people may still be a little hesitant to enter because they see high prices with the potential for an upcoming decline like today, but for BTC if you use special techniques like what many people are talking about now you may not be too busy with always updating prices market.

What you just analys may sound like a poem, riddle or joke but is just the fact about some people and there procrastination behaviour. Deep down in the heart of some Jeff members they are not happy for not being accumulative at the initial time but will act as if they are not sad about not buying at the initial Time, but deep down in them they wallow in pain of regret, but don't know how to do it. There emotion is in-between buy now.... don't buy now.....buy later. Keeping themselves in a confused manner untill the price of btc reach a certain level where they loose hope totally even they knew it could still grow Higher. They will say that if I missed it when it was $1.50 and $100 what's make a me think I will buy now it's $18k above. That is the reason most people buys shitcoin and some altcoin hoping for a great push like bitcoin, forgetting that Bitcoin can not be compared with those shitcoin. After being dumped in shitcoin investment instead of bitcoin, they shift the blame on cryptocurrency or bitcoin.

I can see you have good plan towards upcoming bearish season, hope you have save some huge amount of money you will use to purchase Bitcoin when the price decrease back to $20,000 which is the major price many investors like to purchase Bitcoin from the market and hold to get it right when bullish season appear. Since the bullish season is still on in the market, it will be favourable to wait until the market price change before you can be bold to purchase coins from the market, and as it stand now, it look like the bullish will take over this year to allow investors to accumulate their income. If you will be able to exercise patience for the lower price to appear in the market next year before you can purchase, it will help you to make what you have never make before in Bitcoin investment.

I don't see anything wrong for people who not bought Bitcoin before 2017-2018, Bitcoin was still new (although right now Bitcoin is still new too) so you can't expect people will dare to invest when their financial aren't yet stable.

Bitcoin was below $1K in 2014, it was 2013 when Bitcoin reach $1K.
Bitcoin was $3K in 2018.
Bitcoin was $18K in 2017.

You need to research first https://coinmarketcap.com/currencies/bitcoin/

There are people who always want to get profit, get richer but they always hesitate to spend money to invest because they are fearful of risk. Profit and risk come together, you can not get profit if you don't accept risk and afford to lose your money because risk turns to loss.

Bitcoin has been here since 2009 and with this fourth bull market, with past three bull markets and also last three bear markets, Bitcoin has already shown its strength of survival throughout hardest time of this industry and market.

It is never late to start investing in Bitcoin especially in 2024 we have been witnessing a milestone for Bitcoin, Bitcoin Spot ETF approvals in the USA.

After understanding the market and observing the market, a decision should be reached as to when to invest and how long to hold. Investors generally invest in two ways one is they hold the investment for a long time second is they sell their investment at some profit. What kind of investment you make is entirely up to you. You can invest for short term if you want or you can invest for long term if you want. However, investing in a quick sell plan requires a lot of market research before making that investment.

Bitcoin's price has nothing to do with Jeff if he will buy or not. We also can't force jeff to buy bitcoin and it's entirely up to Jeff if he will buy bitcoin or not. This is also the same to other people who knows about bitcoin and yet haven't been able to buy or this person knows about cryptocurrency but doesn't get himself/herself involved in crypto space. For me, i'd don't ask them many times if they bought or not since it's none of my business on what they want to do.

I think bitcoin will not be affected in any way if Jeff buys bitcoin or not, so there is nothing to worry about with Jeff or other people who don't want to buy bitcoin.

Like anything in this world, there are definitely those who agree and those who disagree, including bitcoin. So there is no need to force someone to buy bitcoin because if it turns out the investment fails then we don't want to be the one to blame. Bitcoin is an investment and maybe many people have different views on bitcoin, just leave the person who doesn't like bitcoin and wait a few years until he finds out what the price of bitcoin is at that time and he will regret it.

Many mistake people have made is trying to wait for bitcoin or rather procrastinate about buying it. Most people have done this at a price where a bitcoin can be considered low, either they thought it can go lower than that or they think it will crash totally. Most of this set of people are the ones that FOMO into buying at higher price. And yes a DCA is a perfect strategy either when the price is increasing or when it is falling.

People with no interest in Bitcoin will always look for excuses whenever you ask them when they wants to buy, and they will be ready to talk about negative things about Bitcoin when the market go bearish, but they will always keep silent when the price is pumping.

Buying Bitcoin has no time, you can buy anytime you want to buy. DCA method is also available in case you don’t have money to buy at once.

Maybe they will buy when bitcoin drops back to $10k, and by this time there will be great FUD that it will go to $5k, eventually to $1k and to zero . When you keep procrastinating, there's never a perfect time to buy and in the end all the opportunities would be missed forever.

For everyone procrastinating and not sure of the market, the best way to enter the market is to use the DCA method. By this, you will not be under pressure of price fluctuations and you will invest according to your strength.

At this point of time there's no time you purchase a Bitcoin that is not good for investment of Bitcoin but the problem is that you have to examine the market of cryptocurrency first before you purchased this present time because you might purchase now the price began to fall and you can also purchase now and the price also began to rise that is why we say you need to verify and also make a proper research concerning bitcoin before you invest.

Those people that invested in Bitcoin during 2015 and also 2017 they met their decision based on their observation of the market or they are research before they run into the investment anyone who is making profit in cryptocurrency especially Bitcoin has already made inquiries and has already research before the person invest in Bitcoin that is why I continue to say that there is no time someone invest in Bitcoin is west of time but the thing is that you have to make a proper calculation and a proper research before investment

People like this always ask a lot of questions but never act to buy when the price drops he will come when bitcoin is high and will disappear when bitcoin drops 90% that's how people I've met.

I'm sure your friends or relatives or other people have asked you this?

That is a pessimistic person, when bitcoin goes down the sense of trust will disappear he believes more in negative news that he might consider a scam, but when the price skyrockets he wants to make a profit it's just that the price is high so he never dares to buy, then people like this are cowards.

 Mike to Jeff in 2012 when Bitcoin was $1.50

Mike  : Jeff, will you buy Bitcoin?
Jeff : Nah, Bitcoin is a total scam and Ponzi scheme.

Mike to Jeff in 2014 when Bitcoin was $1000

Mike : Bitcoin is up to 5000%, so you want to buy now?
Jeff: Nah, it's too bullish, I will buy it when it drops

Mike to Jeff in 2018 when Bitcoin was $100

Mike : bitcoin is down 90%, this is the perfect time to buy.
Jeff : hmmm, I've heard Bitcoin is going to zero


Mike to Jeff in 2015 when Bitcoin was $18,000

Mike : bitcoin is about to reach $20,000! Have you bought it?
Jeff : nope, but this time when it drops I will certainly buy

And the trajectory continues like that forever and ever and ever and some Jeffs don't have a single Bitcoin in their portfolio and the same way they felt it was too bullish to buy in years past, they feel that the current price is too high to buy.

To the procrastinators in the building, when will you finally buy? Or you're looking for one sweet excuse you will use this time around?