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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 103818 times)
barisbilgili
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Today at 08:01:02 AM
 #12481

Is you ask me, completely stopping your bitcoin accumulation process due to the health issues depends on the situation at hand, I mean the pattern of his income or revenue. For instance, an investor who only gets paid or income anytime they do work or renders services to people will no longer have any income to continue his investment since he can no longer work or do anything due to his ill health, and that automatically means a pause to his investment till he gets strong to work and earn again, yea.
But on the other hand, there are investors who do not ordinarily need to go out everyday to work in order to earn. They have established businesses and profit making ventures who make money for them daily. So this kind of investors may not need to stop or pause there investment because the income keeps coming in wether or not they go to work. They might just delegate power to someone who plays there role as overseer while the business keeps growing, and they are treating themselves. And of course, in such situations, such an investor must have a way to grant access of his assets to someone(Bitcoin), whomever he deems fit, should incase the illness claims his life if its that serious. Am sure he would be prepared for uncertainties.

So, totally stopping your bitcoin investment depends.
In general you should stop first because this is related to our personal health. If you don't stop I think this is a very fatal decision as accumulating Bitcoin is more important than your health which may currently be in poor condition. I completely agree with what was said namely that stopping should only be temporary with the aim of focusing first. Once your health stabilizes you can start investing again by accumulating Bitcoin through DCA. This way the slightly reduced income after experiencing this health issue can be reversed.

Your answer is absolutely correct, my friend. Just like we as bosses who have one or two businesses or ventures that we are developing there is no need to leave the house anymore just to earn money. We simply wait for employees to be assigned to work in one of our businesses so we receive daily profits and have money. This is a very sound investment so our access to business is very appropriate and we can always enjoy the results of our efforts to anticipate our health.
Stop when our health begins to weaken and choose someone who has the spirit of leadership in maintaining the business so that we can boldly give that person full authority without the slightest worry
If there are no problems in financial management, I think there is no issue unless you allocate that money for medical treatment or other things that will positively impact your health; otherwise, I think you can continue to accumulate Bitcoin, there's nothing wrong with that.
The success we see can certainly be motivating, and I believe that if we continue to accumulate Bitcoin, then we are already on the right path to achieving it.

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Jaksonhard
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Today at 08:04:57 AM
 #12482

You can’t be sick and you are holding bitcoin, that is wrong decision by any investors, but as an investor, if you invest in bitcoin and you don’t have emergency funds you are not a good investor, no one will use all his funds to invest in bitcoin and when he is sick he will not be able to treat himself, before thinking of buying bitcoin, you have to know that bitcoin is a long term investment and you should have a proper plan before thinking of buying bitcoin.
The potential for unexpected emergencies can happen at any time. However, the reality is that you should never find yourself in a situation where you have no money to pay your bills because all of your money is tied up investing in Cryptocurrency. That said, if you don't have an emergency fund set up, you cannot predict what will happen in the future. The bottom line is that it is possible and even irresponsible to consider investing in Cryptocurrency (or any type of investment) if you do not already have a solid savings plan for yourself and for your family. Investing in Cryptocurrency should be treated as a long-term investment; so, if you are looking to use the money for short-term needs, do not expect to use your investment as part of your financial plans. Therefore, a financially smart investor will always have funds set aside to pay for medical expenses and for the everyday bills that they will face each month before they choose to invest in Cryptocurrency. A financially secure foundation needs to be built before anyone begins directing money towards cryptocurrency investments; so please be sure to have developed your financial plans for your investments and profits.


It is a very risky to not have emergency funds when you as an investor, what if the sickness lead to another level, how are you going to do? Because sickness can not be avoided and it will make you touch your bitcoin and the those plans you made for your future are not going to happen, an investor should be prepared to face any challenges by doing the right thing at the right time to make sure they succeed when holding bitcoin for a long period of time.
There are risks associated with being an investor without an emergency fund. For example, if you experience sickness unexpectedly, you might need to sell some or all of your Bitcoin before you originally planned to do so, which can interfere with achieving your long-term objectives. Everyone eventually will experience a health-related issue, therefore it is very important for all investors to plan ahead and build an emergency savings account. By establishing an emergency fund, you will be able to protect your investments and maintain your ability to hold Bitcoin, stay calm when facing adversity, and remain focused on your long-term success without feeling undue pressure.
Futurexxx
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Today at 08:38:32 AM
 #12483

The potential for unexpected emergencies can happen at any time. However, the reality is that you should never find yourself in a situation where you have no money to pay your bills because all of your money is tied up investing in Cryptocurrency. That said, if you don't have an emergency fund set up, you cannot predict what will happen in the future. The bottom line is that it is possible and even irresponsible to consider investing in Cryptocurrency (or any type of investment) if you do not already have a solid savings plan for yourself and for your family. Investing in Cryptocurrency should be treated as a long-term investment; so, if you are looking to use the money for short-term needs, do not expect to use your investment as part of your financial plans. Therefore, a financially smart investor will always have funds set aside to pay for medical expenses and for the everyday bills that they will face each month before they choose to invest in Cryptocurrency. A financially secure foundation needs to be built before anyone begins directing money towards cryptocurrency investments; so please be sure to have developed your financial plans for your investments and profits.

I purposely highlighted all wrong wrong statements in your write up, because you are trying to misinformed newbies here. Investment in cryptocurrency are all shit since they falls more than they rise, and they are created for gambling purposes, so anything that makes you ignorantly hold it for long, you getting burnt will be inevitable, because they are not meant to survive the market for long.

It's only Bitcoin that has proven beyond reasonable doubt that it's here to stay, and it has proven to be the only reliable investment in this digital space, not alt or meme that are more of gambling than investment.
And finally, for a proper Bitcoin investment, all you just need to do is to accumulate it consistently through the dca accumulating strategy, that way you can buy and accumulate at any price intervals, before you know it, you will have a huge stash of Bitcoin that will be able to change your financial status forever, only if you can be consistent and hold for years.

Cossyblack
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Today at 09:00:07 AM
 #12484


Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.

Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.

Would you like more information on Bitcoin's price predictions or investment strategies?
I get your points but I don't agree with you about monitoring the market. Since our major discussion is about bitcoin investment,I don't share the same sentiment with you about trading bitcoin or discussing about it here in the thread.

Using the word cryptocurrency to describe bitcoin is ambiguous, newbies may get confused and may mistakes bitcoin for other shitcoin. It is better to specifically use the term bitcoin when describing bitcoin so that people can understand it is bitcoin your re describing and not mistake it for shitcoins


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Sticky Bomb
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Today at 09:13:20 AM
 #12485

Currently as I have learned so far ,I have been informed that in Bitcoin investments that their is no perfect time to buy or to sell ,that if you have money to invest you should invest because the more you are weating for Bitcoin to decrease before you buy that's more time you are wasting,so the perfect time is to invest in to Bitcoin at anytime time ,but do it with your spear money (descretionary income )so that if the investment doesn't go well you can't even regret it,so invest at anytime ,to be at the safer side you can
sell at the top and buy at the bottom.

There is definitely no perfect time to invest in bitcoin, because waiting on the perfect time is like wasting more time. The most important thing to have a plan on your income and once you have been able to take care of your saving, emergency funds, and money to run your daily life, the  money left which is your discretionary income and be used to invest in bitcoin. You can do the consistently by applying the DCA strategy and you will be surprise on how much bitcoin you have accumulated overtime.
I think you are really mixing some things up here Davidloki, the part I bolded out are still part of your discretionary income. You identify your discretionary income As soon as you can remove the money meant for your expenses from your total income, the rest is your discretionary income which you can divide among your buying bitcoin, emergency fund, reserve funds and floating cash.

You should also strive to have a definite and realistic accumulation target, holding period and if possible periodic buy amounts(e.g $100 weekly), that way you are not easily swept off your feet when you see your periodic success but would have your eyes fixed on your target and with consistency and dedication follow up your buys until you achieve it.

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Call_Me_Guru
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Today at 09:22:02 AM
 #12486

I disagree with you 100% even if you invest money in bitcoins, you can still touch it if you are not feeling good, because if you check around is not every body likes to help any more, peoples haves money in this country but to help is very hard for then, you will see some one in bad condition and they won’t help, is when the person have gone already that’s when they will be regretting, so even if you invest money in your in your bitcoins account you can still touch it when you are not feeling good because no one cares.
I can't judge everyone, I know how circles behave. Some people could be lucky to have a lovely circle of friends and family and people they could depend on financially, but some people may not. Mine is of the lucky side, I am happy for that. But I will not use mine to judge you, I see it as if you are talking from that painful angle that needs to be respected. But you have to know that all these points to the preparedness and readiness of the bitcoin investor for bitcoin, when you are not ready financially, it is an issue. You can imagine someone earning $1,200 and the monthly expenses is $1,300, such person is running his life at a deficit, to invest will be an issue. I think settling yourself financially is the first goal, without that, investing will be difficult. But for those who's case is not that bad, there is this money we call "emergency money", every single person and family must fund it in cases like this. It will help when you are sick while your bitcoin investment is safe.

Bitcoin is best approached with "save and forget" style, anything that will not make that happen should be taken care of.
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Today at 09:56:13 AM
 #12487

Most of us have the belief that Bitcoin will perform well in the long run. But the problem arises when someone ignores the real needs of life in the hope of possible future gains. The reality for people like us is that the market does not move on our timeline, but rather we move on the timeline of our family responsibilities.
While it is easy to talk about investing 150% of our annual income, it is a little more difficult when that 150% is not surplus capital but money for needs.In my opinion, investing in Bitcoin should be for the future, but living life with the assurance of the present.
Therefore what I need to ask is whether these mistakes are a result of our habits not from others wanting us to do or ignore what is essential for family life so that it becomes a reality even though if we prioritize needs they will certainly benefit our future.

The reality that occurs will not be the same as what we talk about even though sometimes many say it is easy but for me personally I don't really look at the provisions in investing in Bitcoin regarding market movements because if it really happens according to what is predicted regarding market movements with our guesses of course this is no longer a problem regarding our income regarding responsibility when investing in Bitcoin because we already have guidelines for this because the movement will always be right and easy and in accordance with what is guessed when wanting to start investing without any more risks accepted by someone in ensuring profits for survival.
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Today at 10:14:21 AM
 #12488

If there are no problems in financial management, I think there is no issue unless you allocate that money for medical treatment or other things that will positively impact your health; otherwise, I think you can continue to accumulate Bitcoin, there's nothing wrong with that.
The success we see can certainly be motivating, and I believe that if we continue to accumulate Bitcoin, then we are already on the right path to achieving it.

Holding Bitcoin for the long term will definitely be profitable, because if you think and remember the past, then you will definitely be able to know the correct information about the history of Bitcoin. Because when you hold Bitcoin and keep buying it every week according to the DCA method, the longer you hold Bitcoin, the more likely it is to be profitable.
When you start folding Bitcoin, your prudent income stream will be able to strengthen your future, investing in Bitcoin will eliminate financial shortages in the future. And investing in Bitcoin according to the DCA method will be the right use of money and if you hold Bitcoin for a long time, there will be a possibility of earning benefits several times more than the capital. Brother, the more Bitcoin you deposit, the more profit you will have.

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Today at 10:20:09 AM
 #12489

You're referring to the unpredictability of cryptocurrency markets! It's frustrating when coins drop in value after buying or appreciate after selling. This volatility is normal, especially with Bitcoin, which has seen significant fluctuations.

Currently, Bitcoin's price is around $90,047, and experts predict it may rise to $103,952 by February 2026. Some forecasts even suggest it could reach $150,000 to $200,000 by the end of 2026 .

Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.

Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.

Would you like more information on Bitcoin's price predictions or investment strategies?
‎I think where you  got it wrong is you talking about monitoring the market for short term gains, that's a trader mentality not an investor. They have been preaching buying and holding for long term in the forum, so I don't know why you came up with that. if the plan is to invest, obsessing over short term swings is pointless. Traders watch the market time to time which every dip and spike but an investor ignores that because the mind is long term growth ( which basically have more potential than trading). You can't become successful in your Bitcoin investments if you are checking short term price time to time. History has proven to use eveytime that those who hold through different market cycle often get massive gains. So chasing short term moves only brings stress and mistakes.
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