Buy Buy Buy or Sell Sell Sell?

[Kelward]

. So it is indeed better to forget about that and focus on long-term investing, which guarantees profits with a very high percentage. It's easy and simple, so I think we don't need to think about other ways anymore.

Bitcoin investment doesn't guarantee you profit in the long run even though, the odd of bitcoin price moving uptrend is higher than moving downtrend. The future is full of uncertainties and nobody knows what will happen tomorrow which is the main reason why you are advised to invest with the amount of money that you can afford to lose and don't depend solemnly only on your bitcoin portfolio in future so that if the price of bitcoin goes against you, you wouldn't give up in life and feel you have lost everything you invested into bitcoin.

Your bitcoin investment should be your secondary option to tap from in future when you need funds and don't use your bitcoin investment as your primary hope in future because no one knows what the future lies for bitcoin. Invest with your discretionary income and hope for the best performance of bitcoin in future but not putting all your life on it.

How can you say that Bitcoin investment does not guarantee us profit in the future? If it doesn't then what are we doing here? Bitcoin has proven from it's past circles that it has the potentials to always reach ATH and that is the guarantee or assurance that we have that it's a store of value. Guarantee is not something that must definitely happen, it's not something that is 100% certain that it must happen, it is an assurance that it has the potential to happen. I don't like to waste my money even if it is amount that I can afford to loose, if I don't believe that Bitcoin can give me profit in the future I will not be doing DCA month after month.

A product that you buy and you're given warranty is same as giving you guarantee about the product, both are promise that the product is durable, it's not a definite assurance that the product can never fail. Bitcoin guarantee which is assurance like a promise that you can trust it not to disappoint you on the long term but it doesn't mean that it is immune to risks.

[Frankolala]

Bitcoin investment should not be based on price but should be done consistently, price fluctuations are not new, so instead of making emotional decisions, we should think realistically. No matter how much opportunity comes, we should never use money that we really need, when someone starts investing aggressively ignoring the reality of their income , or buys Bitcoin beyond the discretionary income limit, it becomes detrimental to the long-term investment strategy. So here you will never get the positive results you expected, you will have to take the risk here into consideration and then make a decision.

Investing aggressively isn't the problem because you are doing it within your discretionary income and that wouldn't affect your bitcoin portfolio in a negative way but rather in a positive way since it will make your portfolio increase rapidly.

It's when you invest over aggressively, that it becomes a big problem because you are doing it beyond your discretionary income and that's gambling because you will end up selling when the need for that money arises. One should know the difference between investing aggressively and overdoing it so that when you have the opportunity to invest aggressively or front load you bitcoin investment, you can take the advantage to do so instead of just DCAing with your normal DCA amount.

[Xackie]

Except you’re having a shot term goal which I’m certain won’t be profitable with Bitcoin.

If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.

You can't compare altcoins to bitcoin as a good replacement for investment. It's quite misleading to say the least that some of you all think you can make profit from investing (gambling) your funds in altcoins which are very vulnerable to market manipulations of which even in the short term or long, you can't be guaranteed of making profit as some people think they can do from altcoins market hypes.

Except for a person that really wants to diversify his portfolio into altcoins then they can risk a 10% of that across different altcoins while having a 90%  of your investment in bitcoin. In that case your risk is well.managed and organised.
.

For me I would not even advice anybody to go invest in shit coins at all, because that can in no way be compared to Bitcoin..
I will advise everyone to just stay totally away from shit coins if possible, because they can never be sustainable in a long run, they might have those their fancy road map and all, but the truth is, those things won’t still change the fact that it’s a shit coins and can’t be sustainable in a long run.. But for Bitcoin it has proven it self over time, and remain one of the best asset to invest in..
But like you said MagnificentX, if someone still insist on investing in shit coins, then they shouldn't use more that 10% of their portfolio into shit coins, letting the other 90% focused on Bitcoin investment..

You  are right, shit coins aren't good but investing in them should just be from a very little portion of our funds, I can even say 5% or don't just near it for your own safety. I made some stupid mistakes at beginning of last year thinking that shitcoins would boom, so I pour alot of money into it, but the results was disappointing. I don't even think I made any reasonable profit from it , everything is just down. So I have made up my mind not even near those rubbish again. Putting your focus on Bitcoin alone is better than diversifying into rubbish project. Bitcoin rewards in a long term is far better than these quick money that most of us are looking in shitcoins. Not only me though, I know that many people would have learnt a valuable lessons from last year.

[sotelorene]

Except you’re having a shot term goal which I’m certain won’t be profitable with Bitcoin.

If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.

You can't compare altcoins to bitcoin as a good replacement for investment. It's quite misleading to say the least that some of you all think you can make profit from investing (gambling) your funds in altcoins which are very vulnerable to market manipulations of which even in the short term or long, you can't be guaranteed of making profit as some people think they can do from altcoins market hypes.

Except for a person that really wants to diversify his portfolio into altcoins then they can risk a 10% of that across different altcoins while having a 90%  of your investment in bitcoin. In that case your risk is well.managed and organised.
.

For me I would not even advice anybody to go invest in shit coins at all, because that can in no way be compared to Bitcoin..
I will advise everyone to just stay totally away from shit coins if possible, because they can never be sustainable in a long run, they might have those their fancy road map and all, but the truth is, those things won’t still change the fact that it’s a shit coins and can’t be sustainable in a long run.. But for Bitcoin it has proven it self over time, and remain one of the best asset to invest in..
But like you said MagnificentX, if someone still insist on investing in shit coins, then they shouldn't use more that 10% of their portfolio into shit coins, letting the other 90% focused on Bitcoin investment..

You  are right, shit coins aren't good but investing in them should just be from a very little portion of our funds, I can even say 5% or don't just near it for your own safety. I made some stupid mistakes at beginning of last year thinking that shitcoins would boom, so I pour alot of money into it, but the results was disappointing. I don't even think I made any reasonable profit from it , everything is just down. So I have made up my mind not even near those rubbish again. Putting your focus on Bitcoin alone is better than diversifying into rubbish project. Bitcoin rewards in a long term is far better than these quick money that most of us are looking in shitcoins. Not only me though, I know that many people would have learnt a valuable lessons from last year.

That is for you and as for me I can not advise someone to invest anything in shitcoins especially when they have not gotten to their overaccumulation stage because sometimes the lose incur in shitcoins can possibly shatter someone's investment because of how depressed and restless they can be. There is no way an invest or someone will loss money in shitcoins that they won't be emotionally down and trust me some can not even afford it and the anger can lead to some drastic decision and choice.

[JayJuanGee]

. So it is indeed better to forget about that and focus on long-term investing, which guarantees profits with a very high percentage. It's easy and simple, so I think we don't need to think about other ways anymore.

Bitcoin investment doesn't guarantee you profit in the long run even though, the odd of bitcoin price moving uptrend is higher than moving downtrend. The future is full of uncertainties and nobody knows what will happen tomorrow which is the main reason why you are advised to invest with the amount of money that you can afford to lose and don't depend solemnly only on your bitcoin portfolio in future so that if the price of bitcoin goes against you, you wouldn't give up in life and feel you have lost everything you invested into bitcoin.

Your bitcoin investment should be your secondary option to tap from in future when you need funds and don't use your bitcoin investment as your primary hope in future because no one knows what the future lies for bitcoin. Invest with your discretionary income and hope for the best performance of bitcoin in future but not putting all your life on it.

How can you say that Bitcoin investment does not guarantee us profit in the future? If it doesn't then what are we doing here?

If you think that bitcoin profits are guaranteed, you are likely to make mistakes.

The future of anything is not guaranteed.

Probably some of us are able to see bitcoin as an asymmetric bet to the upside which means that if you don't leverage then the most that you could lose is 100%...  Yes, we could lose 100%, yet that might be a low probability, but it is not zero. 

There are a lot of desperate folks in government, traditional financial institutions and status quo rich who would love to kill bitcoin, since bitcoin disrupts the status quo and also disrupts how some folks have been stealing (disproportionately benefitting) from various aspects of status quo systems, whether through the Cantillon effect or various other ways that perversion of the money has also contributed to various formally acceptable forms of perversion for the rich and likely undeserving to benefit from their various moral failings.. .such as gambling with public money to benefit from the upside and to socialize the downside.

The future is not guaranteed, yet when guys bet on bitcoin (or invest into it), there are likely allocations into bitcoin versus other places that value can be placed in accordance views of future probabilities rather than an ability to see the future and also likely allocations in accordance with individual factors.

It is on your Kelward if you believe that you are guaranteed some level of future profits, when you are not.

Bitcoin has proven from it's past circles that it has the potentials to always reach ATH and that is the guarantee or assurance that we have that it's a store of value.

 Past performance does not guarantee future performance.

Sure past performance shows evidence of fundamentals, and price performance is a product of a variety of factors including knowns and unknowns... which also include human behavior in the presence and in the future.  You think that bitcoin is impervious to human action. 

Sure, bitcoin is likely one fo the most decentralized systems in existence, but it is not 100% decentralized and it is not completely removed from human action.

Guarantee is not something that must definitely happen, it's not something that is 100% certain that it must happen, it is an assurance that it has the potential to happen.

Even if something has a high likelihood of happening, like 99%, that would not be 100%.  If you use the term guaranteed that means 100%.

You are playing around (and misleading yourself and others) to try to proclaim guaranteed does not mean 100%.. you are also likely misleading yourself and others when you giving a wink and saying that 90% really means 100%..

And, you are probably failing/refusing to account for all kinds of scenarios in which bitcoin does not succeed as much  as you would like on various timelines that you might select..   yet, you still to proclaim some aspect of bitcoin is "guaranteed?"

I don't like to waste my money even if it is amount that I can afford to loose, if I don't believe that Bitcoin can give me profit in the future I will not be doing DCA month after month.

You might be investing too much if you are investing based on  a guaranteed, and sure each of us has to figure out how much we want to invest our time, energy and/or value to any asset. 

The answers are not clear, and anyone who goes 100% into any view of the future is likely to get himself into trouble at one point or another.

I would suggest that it is better to have your language and action match up rather than speaking in terms of fantasies, but hey, you are free to do what you like.

I personally continue to think that bitcoin is likely the best place to put time, energy and value, yet I don't have 100% in bitcoin, and maybe you are going to say that is too bearish.

Each of us is free to elect and to act upon our beliefs, yet from my perspective some level of balance seems way better than black and white vision and going about your life with an all-in approach.  That seems suicidal, to me, even though you are free to choose your level of aggressiveness when it comes to bitcoin and/or anything else, and if you end up overdoing it, then you ONLY have yourself to blame for your chosen actions  (and/or your chosen way of thinking and/or talking about bitcoin).
 

A product that you buy and you're given warranty is same as giving you guarantee about the product, both are promise that the product is durable,

Holy shit Kelward.   Your example is becoming even more retarded.

Bitcoin is not a product in the same sense as if you were buying an Iphone or a flashlight or a pair of shoes.  The manufacturer can guarantee you  that they are intended for their stated purpose and give you your money back or exchange for new.... and for sure, anyone with any level of common sense should be able to recognize and appreciate that bitcoin is not even close to that.

Bitcoin is something that you figure out for yourself the extent to which you want to risk or that you believe that its odds are going up are greater than your odds of going down, and that Satoshi is not going to show up an rug pull any of us who bought.
 

it's not a definite assurance that the product can never fail. Bitcoin guarantee which is assurance like a promise that you can trust it not to disappoint you on the long term but it doesn't mean that it is immune to risks.

You either have bad thoughts about bitcoin or you suck in your ways of expressing your thoughts... and in the end you seem to be recognizing that bitcoin is not guaranteed.. but you likely are putting way higher odds on it going up than it deserves... and hopefully you are managing your finances without getting as carried away in your actions as your words would seem to reflect.

[Bobrox]

Bitcoin should never be bought based on the price of Bitcoin. An investor should not take it as an opportunity when the price of Bitcoin decreases. He will take it as an opportunity when his income increases or for some reason he gets extra money. If Bitcoin is in a dip, then if he invests aggressively without depending on the income situation or starts buying Bitcoin outside of his discretionary income, then it will have a negative impact on long-term Bitcoin investment. There are even many who want to buy Bitcoin with money from their backup funds if they see that the valuation of Bitcoin has decreased slightly. I think that investments should be made based on the condition of discretionary income and not on the price of Bitcoin.

An investor with short term target actually will buy bitcoin depend on the right moment exactly at down trend and selling later at the uptrend, get the opportunity buy bitcoin during the decrease moment and patience waiting when bitcoin have lower price.
But if your target for investing in bitcoin for long term and must invest every monthly not matter the current price still at the top or not keep consistent to buy, I think to be long term investment in bitcoin actually you have back up money and already the investment bitcoin assets for long term way. Never sell yet what ever position of bitcoin price and keep motivate for making bitcoin as long term investment assets.

[Bigjoe33]

Except you’re having a shot term goal which I’m certain won’t be profitable with Bitcoin.

If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.

You can't compare altcoins to bitcoin as a good replacement for investment. It's quite misleading to say the least that some of you all think you can make profit from investing (gambling) your funds in altcoins which are very vulnerable to market manipulations of which even in the short term or long, you can't be guaranteed of making profit as some people think they can do from altcoins market hypes.

Except for a person that really wants to diversify his portfolio into altcoins then they can risk a 10% of that across different altcoins while having a 90%  of your investment in bitcoin. In that case your risk is well.managed and organised.
.

For me I would not even advice anybody to go invest in shit coins at all, because that can in no way be compared to Bitcoin..
I will advise everyone to just stay totally away from shit coins if possible, because they can never be sustainable in a long run, they might have those their fancy road map and all, but the truth is, those things won’t still change the fact that it’s a shit coins and can’t be sustainable in a long run.. But for Bitcoin it has proven it self over time, and remain one of the best asset to invest in..
But like you said MagnificentX, if someone still insist on investing in shit coins, then they shouldn't use more that 10% of their portfolio into shit coins, letting the other 90% focused on Bitcoin investment..

I think it is better the 10% comes from his discretionary income and not from his BTC portfolio, or is that a mistake? Because if according to what you said, and if he really wants to do the shitcoin thing or can't stay away from such shitcoin involvement, then the little percentage quota should be carved out form the discretionary and not his portfolio.

I don't think taking a portion of your BTC portfolio to invest in shitcoins is a wise decision as this will hamper and slow down your accumulation speed and reduce your assets, and offcourse, nothing is promised with this shitcoins, so whioe take of something that can yield profit over a long time of HODL to buy or invest in something that has no future? It's wise investors get into investments and not fuck around with shitcoins not to talk of reducing your BTC to buy shitcoins, what the fuck!

[ejikeme24]

An investor with short term target actually will buy bitcoin depend on the right moment exactly at down trend and selling later at the uptrend, get the opportunity buy bitcoin during the decrease moment and patience waiting when bitcoin have lower price.

And which moment did you think it's right for you to invest? Because majority of These investors who are into short term investment find it hard to figure out the right moment to make their entry, take for instance when the price of Bitcoin is at $85k, they might not see this as an opportunity reason been that they have this strong believe that the price will still fall below that amount, then they will just skip that amount and start expecting something lower than that, and that's how they will keep procrastinating until they miss the whole opportunities. To me the best approach is buying regularly without considering the market value of Bitcoin this is better off than  waiting  for a buying opportunity that would come and you start contemplating if you're to buy from the first dip or the second.

[Morayoam91]

You are right, trading look so simple in theory but in real sense it is powerfully hard to be consistent especially with how unpredictable the market is ,most of the people have underestimated the emotional and psychological side of trading for long term isn't risk free either but it clear a lot of stress and wrong decision making that comes with trying to time every move.

The reason why people trade in the first place is because they want to get their hand on quick cash and this is why trading has almost never been successful in bitcoin because bitcoin wasn't built that generate wealth in short term but instead usually rewards patience and consistent which are the kind of qualities a good bitcoin investor has to be successful in their bitcoin investment, they understand that bitcoin isn't a get rich quick scheme and they also understand that in order to compound their profits they need to always be accumulating bitcoin with the best way to do that being the DCA method.
The problem here is that a trader wants to share in the success stories of investors who have over the years made good profit from their bitcoin investment but they are not willing to go the long way but instead start looking for short cuts to minimize effort and maximize profit failing to understand that bitcoin doesn't work that way.

If you come up with a short-term investment plan in Bitcoin investing and decide to do so, you can end up financially lost, where you can research the beautiful history of Bitcoin well, because the history of Bitcoin will help you teach that it has rewarded patient and long-term investors, because they have completed Bitcoin long-term with full confidence in Bitcoin, those who waited for the right time in the market have mostly lost the opportunity in their hands in the end,
The DCA strategy is very important for long-term investing. This method allows you to continue investing regularly on a weekly or monthly basis because it prevents you from panicking when the price of your Bitcoin fluctuates. By investing using the DCA strategy, you gradually compound your investment cost over time, resulting in your small investments gradually becoming larger.

[letteredhub]

You can't compare altcoins to bitcoin as a good replacement for investment. It's quite misleading to say the least that some of you all think you can make profit from investing (gambling) your funds in altcoins which are very vulnerable to market manipulations of which even in the short term or long, you can't be guaranteed of making profit as some people think they can do from altcoins market hypes.

Except for a person that really wants to diversify his portfolio into altcoins then they can risk a 10% of that across different altcoins while having a 90%  of your investment in bitcoin. In that case your risk is well.managed and organised.

For me I would not even advice anybody to go invest in shit coins at all, because that can in no way be compared to Bitcoin..
I will advise everyone to just stay totally away from shit coins if possible, because they can never be sustainable in a long run, they might have those their fancy road map and all, but the truth is, those things won’t still change the fact that it’s a shit coins and can’t be sustainable in a long run.. But for Bitcoin it has proven it self over time, and remain one of the best asset to invest in..
But like you said MagnificentX, if someone still insist on investing in shit coins, then they shouldn't use more that 10% of their portfolio into shit coins, letting the other 90% focused on Bitcoin investment..

I think it is better the 10% comes from his discretionary income and not from his BTC portfolio, or is that a mistake? Because if according to what you said, and if he really wants to do the shitcoin thing or can't stay away from such shitcoin involvement, then the little percentage quota should be carved out form the discretionary and not his portfolio.

I don't think taking a portion of your BTC portfolio to invest in shitcoins is a wise decision as this will hamper and slow down your accumulation speed and reduce your assets, and offcourse, nothing is promised with this shitcoins, so whioe take of something that can yield profit over a long time of HODL to buy or invest in something that has no future? It's wise investors get into investments and not fuck around with shitcoins not to talk of reducing your BTC to buy shitcoins, what the fuck!

Unfortunately the only mistake I am seeing here is that you reading this wrongly and you're misunderstanding the entire comment from me.  Am not encouraging that people should invest their funds into shitcoins or neither should they take the 10% of investment out from their bitcoin hodling to invest in altcoins... It's far from what I broached.

There are people that wants to diversify into altcoins even while investing in bitcoin with a long term design. It's for those set of investors that I was recommending that out of their total investment, a  10% portion should be given to altcoins since they want to play around with some, then a 90% should be invested into bitcoin. It was never about the investor using a portion of his bitcoin portfolio into shitcoins. I can not advise such mishap for an investment.

[Onyeeze]

You are right, trading look so simple in theory but in real sense it is powerfully hard to be consistent especially with how unpredictable the market is ,most of the people have underestimated the emotional and psychological side of trading for long term isn't risk free either but it clear a lot of stress and wrong decision making that comes with trying to time every move.

The reason why people trade in the first place is because they want to get their hand on quick cash and this is why trading has almost never been successful in bitcoin because bitcoin wasn't built that generate wealth in short term but instead usually rewards patience and consistent which are the kind of qualities a good bitcoin investor has to be successful in their bitcoin investment, they understand that bitcoin isn't a get rich quick scheme and they also understand that in order to compound their profits they need to always be accumulating bitcoin with the best way to do that being the DCA method.
The problem here is that a trader wants to share in the success stories of investors who have over the years made good profit from their bitcoin investment but they are not willing to go the long way but instead start looking for short cuts to minimize effort and maximize profit failing to understand that bitcoin doesn't work that way.

If you come up with a short-term investment plan in Bitcoin investing and decide to do so, you can end up financially lost, where you can research the beautiful history of Bitcoin well, because the history of Bitcoin will help you teach that it has rewarded patient and long-term investors, because they have completed Bitcoin long-term with full confidence in Bitcoin, those who waited for the right time in the market have mostly lost the opportunity in their hands in the end,
The DCA strategy is very important for long-term investing. This method allows you to continue investing regularly on a weekly or monthly basis because it prevents you from panicking when the price of your Bitcoin fluctuates. By investing using the DCA strategy, you gradually compound your investment cost over time, resulting in your small investments gradually becoming larger.

the thing is that anybody who is into investment long-term or short-term investment that person should have a budget or should have a plan so that the person will decide what to do during the process of it investment, some people get discourage for investment in Bitcoin due to if what they had in mind did not come to accomplish they will begin to think about it is a wrong decision that med dental invest in Bitcoin but the thing is that when you have a particular target you want see your decisions in any investment as a wrong one

[JayJuanGee]

[edited out]

I think it is better the 10% comes from his discretionary income and not from his BTC portfolio, or is that a mistake? Because if according to what you said, and if he really wants to do the shitcoin thing or can't stay away from such shitcoin involvement, then the little percentage quota should be carved out form the discretionary and not his portfolio.

I don't think taking a portion of your BTC portfolio to invest in shitcoins is a wise decision as this will hamper and slow down your accumulation speed and reduce your assets, and offcourse, nothing is promised with this shitcoins, so whioe take of something that can yield profit over a long time of HODL to buy or invest in something that has no future? It's wise investors get into investments and not fuck around with shitcoins not to talk of reducing your BTC to buy shitcoins, what the fuck!

Unfortunately the only mistake I am seeing here is that you reading this wrongly and you're misunderstanding the entire comment from me.  Am not encouraging that people should invest their funds into shitcoins or neither should they take the 10% of investment out from their bitcoin hodling to invest in altcoins... It's far from what I broached.

There are people that wants to diversify into altcoins even while investing in bitcoin with a long term design. It's for those set of investors that I was recommending that out of their total investment, a  10% portion should be given to altcoins since they want to play around with some, then a 90% should be invested into bitcoin. It was never about the investor using a portion of his bitcoin portfolio into shitcoins. I can not advise such mishap for an investment.

I recall in 2017 all kinds of guys so excited to be in alts, and they hardly had any bitcoin, and maybe even less than 10% in bitcoin as compared with shitcoins.

They would have not gotten wrecked as much if they could have had limited their fucking around in shitcoin to ONLY 10% or less than their bitcoin investment.. yet, yeah, so many of them thought that they were going to get rich with shitcoins and calling bitcoin grandpa coin.  Some of them learned their lesson, and others not.  Sometimes degenerate gamblers cannot help themselves or limit themselves in their degenerate gambling.

[Makus]

I recall in 2017 all kinds of guys so excited to be in alts, and they hardly had any bitcoin, and maybe even less than 10% in bitcoin as compared with shitcoins.

They would have not gotten wrecked as much if they could have had limited their fucking around in shitcoin to ONLY 10% or less than their bitcoin investment.. yet, yeah, so many of them thought that they were going to get rich with shitcoins and calling bitcoin grandpa coin.  Some of them learned their lesson, and others not.  Sometimes degenerate gamblers cannot help themselves or limit themselves in their degenerate gambling.

There is a saying that crypto is not for the weak meanwhile even the weak can invest in bitcoin and get a good result provided they have common sense. That's the motivational phrase traders use to keep themselves going until they realize that shitcoins is just another form of gambling even much worse than a regular casino because they where never told to gamble responsibly over there it's better to stick to the right thing than looking for shortcuts, today the grandpa coin has outperformed all those project they taught would make them rich and surely they'll end up regretting missing all those years of not investing in bitcoin. Today a lot of persons are still repeating same mistakes and they'll also learn their lesson the hard way maybe after several years of being in a looped system.

[SilverCryptoBullet]

There is a saying that crypto is not for the weak meanwhile even the weak can invest in bitcoin and get a good result provided they have common sense. That's the motivational phrase traders use to keep themselves going until they realize that shitcoins is just another form of gambling even much worse than a regular casino because they where never told to gamble responsibly over there it's better to stick to the right thing than looking for shortcuts, today the grandpa coin has outperformed all those project they taught would make them rich and surely they'll end up regretting missing all those years of not investing in bitcoin. Today a lot of persons are still repeating same mistakes and they'll also learn their lesson the hard way maybe after several years of being in a looped system.

Bitcoin is for everyone and even people with weak hands, weak mentality can invest their money in Bitcoin and get profit very well if they do enough learning and have proper prepration in finance, investment capital and knowledge about the psychogical cycle of market.

By preparing these things well before investment, even they have weak mentality, they will not feel panic at all and it helps them holding bitcoin a long time through many chaos in the market, and eventually get very good profit.

People can have strong mentality but if they don't prepare properly, they will make bad decisions in this market and join the loser community in the market. Winner or lose, each person will decide their investment result in the same market by different preparation, practice and exit.

The Psychological Pitfalls of a Market Cycle.

[Tonimez]

Bitcoin should never be bought based on the price of Bitcoin. An investor should not take it as an opportunity when the price of Bitcoin decreases. He will take it as an opportunity when his income increases or for some reason he gets extra money. If Bitcoin is in a dip, then if he invests aggressively without depending on the income situation or starts buying Bitcoin outside of his discretionary income, then it will have a negative impact on long-term Bitcoin investment. There are even many who want to buy Bitcoin with money from their backup funds if they see that the valuation of Bitcoin has decreased slightly. I think that investments should be made based on the condition of discretionary income and not on the price of Bitcoin.

An investor with short term target actually will buy bitcoin depend on the right moment exactly at down trend and selling later at the uptrend, get the opportunity buy bitcoin during the decrease moment and patience waiting when bitcoin have lower price.
But if your target for investing in bitcoin for long term and must invest every monthly not matter the current price still at the top or not keep consistent to buy, I think to be long term investment in bitcoin actually you have back up money and already the investment bitcoin assets for long term way. Never sell yet what ever position of bitcoin price and keep motivate for making bitcoin as long term investment assets.

So then, which of the short term investment or long term investment do you belong or prefer based on your 10 years experience on this forum? The truth is that there's no better option to long time investment. You made short term investment look easier from your description as if you are sure of when bitcoin price will come down or go up. There has been instances where bitcoin enthusiasts who prefer to gamble bitcoin would sell off their bitcoin and hope to patiently wait to buy back at price much less than the price they have sold their bitcoin but in some cases they never get the opportunity to buy at prices below that selling price. At this point, a short term bitcoin trader looses his money instantly or he chooses to permanently leave bitcoin investment. We can not be too smart to predict the market rightly which is why we tend to advocate for a long-term plan. When you have made up your mind to become a bitcoin trader, there's likelihood you are not going to stay long in bitcoin because either you are ready to loss money at some point to buy at higher prices or you quit completely.

Long term investment is the best for every investor because it gives you a good time to do other things instead of watching the chart and waiting for price to go down. Bitcoin investment by DCA is very helpful when it comes to long term investment because it allows you to invest without too much financial pressures. All you need is to be disciplined and invest with your Discretionary income always and also maintain your emergency and back up funds.

[Mr_Brilliant$]

You are right, trading look so simple in theory but in real sense it is powerfully hard to be consistent especially with how unpredictable the market is ,most of the people have underestimated the emotional and psychological side of trading for long term isn't risk free either but it clear a lot of stress and wrong decision making that comes with trying to time every move.

The reason why people trade in the first place is because they want to get their hand on quick cash and this is why trading has almost never been successful in bitcoin because bitcoin wasn't built that generate wealth in short term but instead usually rewards patience and consistent which are the kind of qualities a good bitcoin investor has to be successful in their bitcoin investment, they understand that bitcoin isn't a get rich quick scheme and they also understand that in order to compound their profits they need to always be accumulating bitcoin with the best way to do that being the DCA method.
The problem here is that a trader wants to share in the success stories of investors who have over the years made good profit from their bitcoin investment but they are not willing to go the long way but instead start looking for short cuts to minimize effort and maximize profit failing to understand that bitcoin doesn't work that way.

You see that quick money mindset of a thing, it is what has consumes and affected several persons financially.. Bruh the honest truth is that, money that is made very quickly is not as sustainable as money that is built on a solid longterm base..
It’s obvious that Bitcoin wasn’t build for all of those short term thing, it was built for longterm wealth preservation, so you just been patient and following that your decent investment plan consistently, would help way more than trying to time the market and trade Bitcoin..

[Barikui1]

Bitcoin is for everyone and even people with weak hands, weak mentality can invest their money in Bitcoin and get profit very well if they do enough learning and have proper prepration in finance, investment capital and knowledge about the psychogical cycle of market.

By preparing these things well before investment, even they have weak mentality, they will not feel panic at all and it helps them holding bitcoin a long time through many chaos in the market, and eventually get very good profit.

People can have strong mentality but if they don't prepare properly, they will make bad decisions in this market and join the loser community in the market. Winner or lose, each person will decide their investment result in the same market by different preparation, practice and exit.

Wether you have a strong mentality or a weak one, one thing is very clear when you are investing in Bitcoin, which is " As long as you are investing from your discretionary income, a money you can do away with for a very long period of time, your strong or weak mentality will have no role to play because the foundation of your Bitcoin investment is strong, and if you put down your emergency and reserve funds in place to safeguard your Bitcoin investment against any unforseen circumstances, you can easily hold strong even in faced of serious emergency situation, whether you have a weak hands or not, but if you think that you have a strong hands and you don't put your emergency funds in place to safeguard your Bitcoin investment against any unforseen emergencies, you will be forced to sell prematurely regardless of the strong holding hands you think you have when emergencies struck.
So what am trying to say is that what determine your ability to hold is your emergency and reserve funds that are kept in place, not by thinking you have a strong holding hands or weak one.

[Solokan]

You are right, trading look so simple in theory but in real sense it is powerfully hard to be consistent especially with how unpredictable the market is ,most of the people have underestimated the emotional and psychological side of trading for long term isn't risk free either but it clear a lot of stress and wrong decision making that comes with trying to time every move.

The reason why people trade in the first place is because they want to get their hand on quick cash and this is why trading has almost never been successful in bitcoin because bitcoin wasn't built that generate wealth in short term but instead usually rewards patience and consistent which are the kind of qualities a good bitcoin investor has to be successful in their bitcoin investment, they understand that bitcoin isn't a get rich quick scheme and they also understand that in order to compound their profits they need to always be accumulating bitcoin with the best way to do that being the DCA method.
The problem here is that a trader wants to share in the success stories of investors who have over the years made good profit from their bitcoin investment but they are not willing to go the long way but instead start looking for short cuts to minimize effort and maximize profit failing to understand that bitcoin doesn't work that way.

Trading isn't easy, especially short-term trading, as many people lose money. However, if we already own BTC, if we can hold it long-term, we'll certainly reap significant profits from investing in BTC, although of course, there will always be risks.

However, I believe everyone has different perspectives, and some are certainly interested in trading BTC, while others aren't. The most important thing is to focus on ourselves, because while others are selling BTC, we can continue using the DCA technique.

[Futurexxx]

Trading isn't easy, especially short-term trading, as many people lose money. However, if we already own BTC, if we can hold it long-term, we'll certainly reap significant profits from investing in BTC, although of course, there will always be risks.

However, I believe everyone has different perspectives, and some are certainly interested in trading BTC, while others aren't. The most important thing is to focus on ourselves, because while others are selling BTC, we can continue using the DCA technique.

Trading or testing your trading skills is not bad if you are still investing and have already accumulated a reasonable stash of Bitcoin already. Where it's entirely bad is going all out on it without holding any significant unit of Bitcoin, that terribly bad because the losses attached to trading makes it very difficult to be as profitable as someone that is investing in Bitcoin and is only thinking long term. So if you must trade, making sure you have accumulated a reasonable stash of Bitcoin and you are still buying continuously, then you may decide to risk a few box on trading if you are hell bent on doing it, but doing only trading without investing is terribly bad for your finance and your growth.

[Kelward]

. So it is indeed better to forget about that and focus on long-term investing, which guarantees profits with a very high percentage. It's easy and simple, so I think we don't need to think about other ways anymore.

Bitcoin investment doesn't guarantee you profit in the long run even though, the odd of bitcoin price moving uptrend is higher than moving downtrend. The future is full of uncertainties and nobody knows what will happen tomorrow which is the main reason why you are advised to invest with the amount of money that you can afford to lose and don't depend solemnly only on your bitcoin portfolio in future so that if the price of bitcoin goes against you, you wouldn't give up in life and feel you have lost everything you invested into bitcoin.

Your bitcoin investment should be your secondary option to tap from in future when you need funds and don't use your bitcoin investment as your primary hope in future because no one knows what the future lies for bitcoin. Invest with your discretionary income and hope for the best performance of bitcoin in future but not putting all your life on it.

How can you say that Bitcoin investment does not guarantee us profit in the future? If it doesn't then what are we doing here?

If you think that bitcoin profits are guaranteed, you are likely to make mistakes.

The future of anything is not guaranteed.

Probably some of us are able to see bitcoin as an asymmetric bet to the upside which means that if you don't leverage then the most that you could lose is 100%...  Yes, we could lose 100%, yet that might be a low probability, but it is not zero. 

There are a lot of desperate folks in government, traditional financial institutions and status quo rich who would love to kill bitcoin, since bitcoin disrupts the status quo and also disrupts how some folks have been stealing (disproportionately benefitting) from various aspects of status quo systems, whether through the Cantillon effect or various other ways that perversion of the money has also contributed to various formally acceptable forms of perversion for the rich and likely undeserving to benefit from their various moral failings.. .such as gambling with public money to benefit from the upside and to socialize the downside.

The future is not guaranteed, yet when guys bet on bitcoin (or invest into it), there are likely allocations into bitcoin versus other places that value can be placed in accordance views of future probabilities rather than an ability to see the future and also likely allocations in accordance with individual factors.

It is on your Kelward if you believe that you are guaranteed some level of future profits, when you are not.

Bitcoin has proven from it's past circles that it has the potentials to always reach ATH and that is the guarantee or assurance that we have that it's a store of value.

 Past performance does not guarantee future performance.

Sure past performance shows evidence of fundamentals, and price performance is a product of a variety of factors including knowns and unknowns... which also include human behavior in the presence and in the future.  You think that bitcoin is impervious to human action. 

Sure, bitcoin is likely one fo the most decentralized systems in existence, but it is not 100% decentralized and it is not completely removed from human action.

Guarantee is not something that must definitely happen, it's not something that is 100% certain that it must happen, it is an assurance that it has the potential to happen.

Even if something has a high likelihood of happening, like 99%, that would not be 100%.  If you use the term guaranteed that means 100%.

You are playing around (and misleading yourself and others) to try to proclaim guaranteed does not mean 100%.. you are also likely misleading yourself and others when you giving a wink and saying that 90% really means 100%..

And, you are probably failing/refusing to account for all kinds of scenarios in which bitcoin does not succeed as much  as you would like on various timelines that you might select..   yet, you still to proclaim some aspect of bitcoin is "guaranteed?"

I don't like to waste my money even if it is amount that I can afford to loose, if I don't believe that Bitcoin can give me profit in the future I will not be doing DCA month after month.

You might be investing too much if you are investing based on  a guaranteed, and sure each of us has to figure out how much we want to invest our time, energy and/or value to any asset. 

The answers are not clear, and anyone who goes 100% into any view of the future is likely to get himself into trouble at one point or another.

I would suggest that it is better to have your language and action match up rather than speaking in terms of fantasies, but hey, you are free to do what you like.

I personally continue to think that bitcoin is likely the best place to put time, energy and value, yet I don't have 100% in bitcoin, and maybe you are going to say that is too bearish.

Each of us is free to elect and to act upon our beliefs, yet from my perspective some level of balance seems way better than black and white vision and going about your life with an all-in approach.  That seems suicidal, to me, even though you are free to choose your level of aggressiveness when it comes to bitcoin and/or anything else, and if you end up overdoing it, then you ONLY have yourself to blame for your chosen actions  (and/or your chosen way of thinking and/or talking about bitcoin).
 

A product that you buy and you're given warranty is same as giving you guarantee about the product, both are promise that the product is durable,

Holy shit Kelward.   Your example is becoming even more retarded.

Bitcoin is not a product in the same sense as if you were buying an Iphone or a flashlight or a pair of shoes.  The manufacturer can guarantee you  that they are intended for their stated purpose and give you your money back or exchange for new.... and for sure, anyone with any level of common sense should be able to recognize and appreciate that bitcoin is not even close to that.

Bitcoin is something that you figure out for yourself the extent to which you want to risk or that you believe that its odds are going up are greater than your odds of going down, and that Satoshi is not going to show up an rug pull any of us who bought.
 

it's not a definite assurance that the product can never fail. Bitcoin guarantee which is assurance like a promise that you can trust it not to disappoint you on the long term but it doesn't mean that it is immune to risks.

You either have bad thoughts about bitcoin or you suck in your ways of expressing your thoughts... and in the end you seem to be recognizing that bitcoin is not guaranteed.. but you likely are putting way higher odds on it going up than it deserves... and hopefully you are managing your finances without getting as carried away in your actions as your words would seem to reflect.

Thanks JJG for taking your time to dissect my post and giving me the correct meaning of what guarentee is in regard to Bitcoin investment, I appreciate your veteran advice and directions. I very much agree with everything you said centering on the fact that we cannot use past performances of Bitcoin to guarantee that it will always be profitable in the future. I guess my grammatical expression about the meaning of the word "guarantee" is where I got it wrong. My expression of the word didn't mean that I was implying that Bitcoin must be profitable in the future, I know better that, I merely meant that it has shown good potentials that it can be profitable in the future.