Buy Buy Buy or Sell Sell Sell?

[SuperBitMan]

In fact, the best way to invest in Bitcoin is to invest in Bitcoin through DCA, and the most important thing to keep this DCA going is to have a source of discretionary income. Because no matter what percentage (depending on the amount of income) (small or large) an investor has to maintain it regularly for DCA. There is no need to worry about the amount of income being big or small, rather consistency is the main thing. So if DCA is done regularly, disciplined and with a long-term goal (at least for 10 years), then it can give you very good results at one stage, which can also be a life-changing success for you.

However, for this, when investing in the beginning, the mindset of greed should be eliminated, because a person who is greedy for money will not be able to maintain his investment, so greed should be eliminated at the beginning.

There's nothing wrong with being greedy in your bitcoin investment. I want you to understand that every investor doesn't have the same discretionary income; there are investors who have a good discretionary income, which allows them to invest in bitcoin according to their greedy level, and still sustain their bitcoin investment for a long time. It is when you use all your money to invest in bitcoin or when you invest in bitcoin way above your discretionary income that you will have problem in maintaining your bitcoin investment because you will lack money to solve your daily expenses, which will give you no choice but to sell your bitcoin investment prematurely to survive.

I disagree with you bro because I grew up knowing that greed is not goo no matter how you paint it because it will always make you to act irrationally. It might sound motivating to be greedy with your investment in bitcoin but if you allow greed to guide your decision, then you will obviously invest beyond your discretionary income and might possibly run into problems that can force your to start selling your bitcoin to meet up other needs. It has been abundantly clarified that to succeed in your investment, you must make adequate plans for other important aspects of your life, such as your basic needs and you also have to go as much as setting aside some funds for things that can come up which you did not plan for.

With greed at play, there is little chance that an investor will be able to even set up emergency funds because every money at his disposal will be converted into bitcoin even if such money was supposed to be used for something very important in the near future. I don't see this as a good practice, therefore we should also protect ourselves from being greedy even though we want to have as much bitcoin as is reasonably possible.

You really don't understand what Mayor of ogba of saying or pointing to, people have different financial struggles and strength and so being greedy in other to keep up your accumulation is not bad as long as you don't use above your Discretionary income.
Major of ogba is not talking about greedy in investing so as to become rich quick through Bitcoin he is talking about being greedy and investing within your Discretionary income, some set of people they have a good discretionary income but because they don't hold there self they buy anything they see with there discretionary income things that are not relevant and before they could even remember to buy Bitcoin they have used up there discretionary income in situations like this you need to be greedy in other to invest.

[JayJuanGee]

There's nothing wrong with being greedy in your bitcoin investment. I want you to understand that every investor doesn't have the same discretionary income; there are investors who have a good discretionary income, which allows them to invest in bitcoin according to their greedy level, and still sustain their bitcoin investment for a long time. It is when you use all your money to invest in bitcoin or when you invest in bitcoin way above your discretionary income that you will have problem in maintaining your bitcoin investment because you will lack money to solve your daily expenses, which will give you no choice but to sell your bitcoin investment prematurely to survive.

I disagree with you bro because I grew up knowing that greed is not goo no matter how you paint it because it will always make you to act irrationally.

You are right greed is not good because is an element that could make someone not to be satisfied in anything they have or do and even the aggressiveness people tend to avoid could possibly be brought back by greed, is unfortunate that people tries to use any word to justify how serious they are in Bitcoin investment but did not realize how complicated the word is on the real life because @Mayor of ogba is trying to say that since investors has different discretionary income they should be very greedy, perhaps he is ignorant of the similarities it has with aggressive investment because when you are greedy you push yourself harder beyond the limit you could go.

Investing aggressively in bitcoin doesn't mean that you are greedy or using more than you discretionary income to buy bitcoin. Instead, investing aggressively will help you build your bitcoin portfolio faster as long as you have your emergency funds, reserve funds and float to take care of any financial distraction.

A greedy person or not that invest in bitcoin the proper way without investing over aggressively will not fail in his bitcoin investment, because he might keep on increasing his bitcoin investment longer than he expected because he wants more bitcoin. People who invest aggressively whenever they can will end up with more bitcoin than those who don't invest aggressively when they had the opportunity.

It is true that some folks will purposefully push the amount that they invest within their discretionary income to a level that is aggressive, yet they still have their other back up funds covered, in the event that they might make some miscalculations from time to time, and they also might purposefully shoot to invest towards a place that it 20% to 50% or even higher than their target just so that they are clear and comfortable that they have enough BTC.   

A person who practices his system a lot will be less likely to make severe mistakes due to ongoing practices, yet at the same time, a person might not realize that he made a mistake until after he is faced with consequences of the mistake... and I would think that the more a person practices, then the more likely that the mistakes that are made are not going to end up causing any kinds of high levels of damage upon him - especially since there are always going to be trade-offs that are made, and a person can only attempt to balance trade-offs as best as he can based on his own then knowledge of the circumstances, which there are going to be known knowns, known unknowns and unknown unknowns that should be attempted to be accounted for.

[Cryptoprincess101]

Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
Don't be among the group that would start praying for it to fall again because they missed the opportunity
We only having this correction and we going Fly.

You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying. Only those shaky investors who panics when the price is experiencing corrections will consider selling, but for those of us that has long term targets, we cannot be moved by mere short time market volatility. Those who also prays for the price to DIP before buying, i call them procrastinators and they lack confidence to believe in the growth of bitcoin no matter the buying price.

[Zackz5000]

Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
Don't be among the group that would start praying for it to fall again because they missed the opportunity
We only having this correction and we going Fly.

You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying. Only those shaky investors who panics when the price is experiencing corrections will consider selling, but for those of us that has long term targets, we cannot be moved by mere short time market volatility. Those who also prays for the price to DIP before buying, i call them procrastinators and they lack confidence to believe in the growth of bitcoin no matter the buying price.

If you just started Bitcoin investment newly selling shouldn't be your thing rather you should focus on accumulating Bitcoin because you are still at your early circle, you can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.

[sotelorene]

In fact, the best way to invest in Bitcoin is to invest in Bitcoin through DCA, and the most important thing to keep this DCA going is to have a source of discretionary income. Because no matter what percentage (depending on the amount of income) (small or large) an investor has to maintain it regularly for DCA. There is no need to worry about the amount of income being big or small, rather consistency is the main thing. So if DCA is done regularly, disciplined and with a long-term goal (at least for 10 years), then it can give you very good results at one stage, which can also be a life-changing success for you.

However, for this, when investing in the beginning, the mindset of greed should be eliminated, because a person who is greedy for money will not be able to maintain his investment, so greed should be eliminated at the beginning.

There's nothing wrong with being greedy in your bitcoin investment. I want you to understand that every investor doesn't have the same discretionary income; there are investors who have a good discretionary income, which allows them to invest in bitcoin according to their greedy level, and still sustain their bitcoin investment for a long time. It is when you use all your money to invest in bitcoin or when you invest in bitcoin way above your discretionary income that you will have problem in maintaining your bitcoin investment because you will lack money to solve your daily expenses, which will give you no choice but to sell your bitcoin investment prematurely to survive.

I disagree with you bro because I grew up knowing that greed is not goo no matter how you paint it because it will always make you to act irrationally. It might sound motivating to be greedy with your investment in bitcoin but if you allow greed to guide your decision, then you will obviously invest beyond your discretionary income and might possibly run into problems that can force your to start selling your bitcoin to meet up other needs. It has been abundantly clarified that to succeed in your investment, you must make adequate plans for other important aspects of your life, such as your basic needs and you also have to go as much as setting aside some funds for things that can come up which you did not plan for.

With greed at play, there is little chance that an investor will be able to even set up emergency funds because every money at his disposal will be converted into bitcoin even if such money was supposed to be used for something very important in the near future. I don't see this as a good practice, therefore we should also protect ourselves from being greedy even though we want to have as much bitcoin as is reasonably possible.

You really don't understand what Mayor of ogba of saying or pointing to, people have different financial struggles and strength and so being greedy in other to keep up your accumulation is not bad as long as you don't use above your Discretionary income.
Major of ogba is not talking about greedy in investing so as to become rich quick through Bitcoin he is talking about being greedy and investing within your Discretionary income, some set of people they have a good discretionary income but because they don't hold there self they buy anything they see with there discretionary income things that are not relevant and before they could even remember to buy Bitcoin they have used up there discretionary income in situations like this you need to be greedy in other to invest.

I understand what you are saying but I think or perhaps a more rhyming word that will suit this case should have been used instead of greedy because it doesn't suit or sound good. It is true that one ought to keep there discretionary income very safe in other to maintain or keep their investment running but that doesn't mean one should not help someone who's in need if they are in the position to help all because of investment.

Lastly, anyone who buy's everything with his or her discretionary income it is obvious the investor doesn't know what he or she doing perhaps not a serious investor though using your discretionary income is not a bad thing but it should be used for something that is worth it.

[Taskford]

Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
Don't be among the group that would start praying for it to fall again because they missed the opportunity
We only having this correction and we going Fly.

You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying. Only those shaky investors who panics when the price is experiencing corrections will consider selling, but for those of us that has long term targets, we cannot be moved by mere short time market volatility. Those who also prays for the price to DIP before buying, i call them procrastinators and they lack confidence to believe in the growth of bitcoin no matter the buying price.

If you just started Bitcoin investment newly selling shouldn't be your thing rather you should focus on accumulating Bitcoin because you are still at your early circle, you can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.

That is sad reality happening right now especially if the person doing it doesn't really have great experience and they would go in that decision because they don't know how to do counter action regarding on those dumps occurring. But if they could just do some research and know that institutions are keep buying at the dip despite of there are several people selling their stash for sure that they would get an idea on how they would take some advantage on situation. Its just people need to experience those things so that they would know what to do next especially if they want to continue their Bitcoin investment for another round again after they experience negative on their first try.

What really matter on how they bounce back and they could able to strengthen up their feelings or emotions to do better  next time and hold for more longer times to have better more chances to succeed in future.

[Rabata]

Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
Don't be among the group that would start praying for it to fall again because they missed the opportunity
We only having this correction and we going Fly.

You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying. Only those shaky investors who panics when the price is experiencing corrections will consider selling, but for those of us that has long term targets, we cannot be moved by mere short time market volatility. Those who also prays for the price to DIP before buying, i call them procrastinators and they lack confidence to believe in the growth of bitcoin no matter the buying price.

If you just started Bitcoin investment newly selling shouldn't be your thing rather you should focus on accumulating Bitcoin because you are still at your early circle, you can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.

There is no way to say that all holders are holding with a strong hand. Many are not in a favorable financial situation or have to sell some of their Bitcoin for various reasons. It completely depends on their situation. If someone is holding Bitcoin for the long term only, they will not be encouraged to sell Bitcoin easily. Not everyone is successful in holding. There are many people who do not have general knowldge holding of bitcoin advantage and may have tried to hold a small amount of Bitcoin, later they were encouraged to resell that Bitcoin for a small profit.

Those who are real holders and can make a good prediction about Bitcoin will definitely try to hold their Bitcoin for the long term. Currently, not only at the individual level but also some are dreaming of holding Bitcoin at the national reserve. Among them, El Salvador comes first. On a personal level, we see Michael Saylor owning 439,000 BTC through his company. Interestingly, he still dreams of holding more Bitcoin rather than selling it.

Saylor floats US crypto framework with $81T Bitcoin reserve plan

[Felicity_Tide]

Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.

~snip

You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying.

~snip

~snip

You can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.

When using "weak hands", I think Ambatman and Cryptoprincess101 should been more specific with the categories of people they were referring to. You're right, not everyone selling a portion should be called a weak hand, but I can't speak for everyone though. I can speak for myself, because I know what I hold, so using that phrase for myself if I happen to sell at this point (which i won't), makes a complete sense.

The truth is, one way or the another, investors will definitely sell out some portions even if it's a 5-10years plan, as long as time still works. And if you read Ambatman's reply further, he emphasized on never making a mistake to sell at loss. He isn't far from the truth, because people with short term plans and impatient tends to find themselves in this position.

And as for institutions buying, well I don't think they also plan on holding forever as well, but I just hope it doesn't get to the extent of scarcity. As long as Bitcoin still remains very much available, even for a new investor, then there is no problem at all.

[betswift]

If you just started Bitcoin investment newly selling shouldn't be your thing rather you should focus on accumulating Bitcoin because you are still at your early circle, you can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.

If you understand Bitcoin - you will just continue to accumulate it as time goes on. Simple as that.
No panic or a nerve put to it.
Those who only start that journey are the lucky fellas to experience these things for the first time.

[cryptoWODL]

Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
Don't be among the group that would start praying for it to fall again because they missed the opportunity
We only having this correction and we going Fly.

You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying. Only those shaky investors who panics when the price is experiencing corrections will consider selling, but for those of us that has long term targets, we cannot be moved by mere short time market volatility. Those who also prays for the price to DIP before buying, i call them procrastinators and they lack confidence to believe in the growth of bitcoin no matter the buying price.

If you just started Bitcoin investment newly selling shouldn't be your thing rather you should focus on accumulating Bitcoin because you are still at your early circle, you can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.

There is no way to say that all holders are holding with a strong hand. Many are not in a favorable financial situation or have to sell some of their Bitcoin for various reasons. It completely depends on their situation. If someone is holding Bitcoin for the long term only, they will not be encouraged to sell Bitcoin easily. Not everyone is successful in holding. There are many people who do not have general knowldge holding of bitcoin advantage and may have tried to hold a small amount of Bitcoin, later they were encouraged to resell that Bitcoin for a small profit.

If you don't have a source of money then you create a source of money and then invest in bitcoins. The statements you have published may not be for long term bitcoin investment. If after investing you have to sell the investment when you need the money then it is better not to invest. I think consistency is very important in bitcoin investing, even if you buy small amounts be consistent with your investment. Perhaps this is what many experienced Bitcoin investors would advise.

Those who are real holders and can make a good prediction about Bitcoin will definitely try to hold their Bitcoin for the long term. Currently, not only at the individual level but also some are dreaming of holding Bitcoin at the national reserve. Among them, El Salvador comes first. On a personal level, we see Michael Saylor owning 439,000 BTC through his company. Interestingly, he still dreams of holding more Bitcoin rather than selling it.

Saylor floats US crypto framework with $81T Bitcoin reserve plan

Michael Saylor is an important person and he has a lot of experience in Bitcoin investing. Michael Saylor is very confident in Bitcoin investment and he believes that one Bitcoin will be worth a million dollars in the future. If we see the success of these investors then Bitcoin investment will make us much more interested and we should continue to buy Bitcoin the way they are regularly buying Bitcoin.

He published the digital asset Farmework on Twitter;

21st-century digital economy—empowering millions of businesses, driving growth, and creating trillions in value.

https://x.com/saylor/status/1870183095611093220?t=yKqNsNf-WyHUiZkiY1qTxA&s=19

[Jewan420]

There is no way to say that all holders are holding with a strong hand. Many are not in a favorable financial situation or have to sell some of their Bitcoin for various reasons. It completely depends on their situation. If someone is holding Bitcoin for the long term only, they will not be encouraged to sell Bitcoin easily. Not everyone is successful in holding. There are many people who do not have general knowldge holding of bitcoin advantage and may have tried to hold a small amount of Bitcoin, later they were encouraged to resell that Bitcoin for a small profit.

I do not wish to keep anyone in bondage when it comes to selling Bitcoin. If someone has already been able to hold their investment for 10 years or more, they may take a small profit from it, and I believe it should be left to their personal freedom. However, if a new investor is inclined to sell their investment early or their earnings are not reliable enough for investment, I would advise them to look for a reliable source of income or alternative income sources. If you ignore reliable income sources and start investing, you may not be able to sustain your investment for the long term.

The first condition for investment is having a reliable income source or an alternative income source. If you plan to invest against this condition, unforeseen expenses or emergency situations will hinder your ability to succeed in the investment or prevent you from maintaining it over time.

If an early-stage investor is forced to sell their investment or does so due to circumstances, I would say there was a flaw in their planning. I do not wish to comment on selling investments, but I am talking about making sure no one is forced to sell their investment. Once again, after holding for a long time, if someone wants to sell a part of their investment to enjoy the profits or to invest in real estate, it is their personal choice. However, I cannot view the sale of an investment positively if it is due to improper planning.

A new investor must be aware of the basic aspects. Before starting the investment, one should ensure a reliable income source or alternative income source and make long-term plans. After starting the investment, one should acquire knowledge about Bitcoin and investing, and prepare an emergency fund, reserve fund, and sufficient cash flow. After that, depending on your situation, you can add more strategies.

[tiCeR]

...

It is true that some folks will purposefully push the amount that they invest within their discretionary income to a level that is aggressive, yet they still have their other back up funds covered, in the event that they might make some miscalculations from time to time, and they also might purposefully shoot to invest towards a place that it 20% to 50% or even higher than their target just so that they are clear and comfortable that they have enough BTC.   

A person who practices his system a lot will be less likely to make severe mistakes due to ongoing practices, yet at the same time, a person might not realize that he made a mistake until after he is faced with consequences of the mistake... and I would think that the more a person practices, then the more likely that the mistakes that are made are not going to end up causing any kinds of high levels of damage upon him - especially since there are always going to be trade-offs that are made, and a person can only attempt to balance trade-offs as best as he can based on his own then knowledge of the circumstances, which there are going to be known knowns, known unknowns and unknown unknowns that should be attempted to be accounted for.

But talking about aggressiveness, that is such a subjective subject. As you mentioned, if someone goes beyond their initially set target investment by maybe 20% to 50%, than whatever their target was before, we would probably consider this practice aggressive in relation to what was the investment target before.

But then when Elon Musk were to announce to invest $5 billion into BTC, would that be aggressive? It would mean he puts less than 1.2% of his wealth into BTC and that is only talking wealth as he could in theory generate tons of cashflow too.

Ultimately I think it depends on the ability to handle miscalculations or risks that could barely be anticipated. There was this one guy here who sold jewelry from his wife to go all in, I think that is a pretty aggressive approach although it could be argued that it was ok when everyone agreed to doing it. On the contrary it is hard to believe that some billionaires did (allegedly) not invest into BTC.

What's aggressive and what is not can be a wide range of factors to be considered the higher your net worth is. In the lower income ranges I think it's pretty straight forward that financial existence shouldn't be at risk, but then we all heard the stories where someone claimed to have sold their house, lived in a motorhome and won big time. But I have a hard time calling that a strategy...

[Justbillywitt]

I sincerely agree with your narrative, investment are mostly done within the capacity and means of an individual, you don't need to have huge capital before you think of investment, a little drop of water they say makes the mighty ocean and considering the fact that is a long time investment, it is most appropriate you don't go beyond your means because it should be discretionary within your limit, maybe with time hence there is increase in capital you can as well increase your investment.

For investment, it can indeed be started from a small amount of capital because all big things certainly always start from small things so that investors who just want to start investing in Bitcoin certainly don't need to wait for a larger amount of capital if they can start it directly with a small amount of capital without any problems. Because when the investment goal is for the long term by choosing the only best asset like Bitcoin, of course over time every investor can also increase their capital slowly through the results of their work so that their investment will also become bigger one day. So it is clearly not wrong to start with a small capital rather than having to waste more time waiting for the capital to become bigger.

For investment, "not" start investing with a small amount, start with half of the amount you can afford to lose. First of all, a Bitcoin investor should gain a basic understanding of Bitcoin, gain knowledge about the nature of Bitcoin's short-term volatility, and gain knowledge about Bitcoin's long-term potential.

So, for a new investor to start investing in Bitcoin, he should first gain general knowledge of Bitcoin and start investing through DCA, and invest the amount of money he can afford to lose in DCA. He can start investing in this way at first, and gradually learn about Bitcoin and gradually prepare emergency funds and reserve funds (while keeping DCA intact).

It should be remembered that you will not be able to profit from Bitcoin investment in a short time, and Bitcoin will never guarantee you profit, but there are many opportunities to profit from Bitcoin if you hold it for a long time, and for that you must be hold bitcoin with DCA for 8 to 10 years.

Is it really a must to for investors hold bitcoin for 8 to 10 years, before someone can see profitability in the investment? I think someone who is able to hold his bitcoin for a full circle stand a chance to see some profits. And if  the investor decides to take part of his the profit he has made over the 4 years, he is not wrong. When you use the word must, it now looks as if 8 to 10 years is the only acceptable number of years for someone to hold bitcoin before they can profit from it. The reason why they say invest only money you won't be needing for the next 4 years in bitcoin, is because after 4 years you can do some evaluations to know if you can take part of your profit and attend to some of your human needs that must have come up over the 4 years of your investment and waiting. Yes it's true that if you hold your bitcoin longer for 8 to 10 years, you sand a better chance of bigger profitability. But that's now a choice that each investors have to make, after holding up to 4 years. To continue holding their entire portfolio or to take part of their profit and still continue with their DCA for the next circle.

[adultcrypto]

For investment, "not" start investing with a small amount, start with half of the amount you can afford to lose. First of all, a Bitcoin investor should gain a basic understanding of Bitcoin, gain knowledge about the nature of Bitcoin's short-term volatility, and gain knowledge about Bitcoin's long-term potential.

So, for a new investor to start investing in Bitcoin, he should first gain general knowledge of Bitcoin and start investing through DCA, and invest the amount of money he can afford to lose in DCA. He can start investing in this way at first, and gradually learn about Bitcoin and gradually prepare emergency funds and reserve funds (while keeping DCA intact).

It should be remembered that you will not be able to profit from Bitcoin investment in a short time, and Bitcoin will never guarantee you profit, but there are many opportunities to profit from Bitcoin if you hold it for a long time, and for that you must be hold bitcoin with DCA for 8 to 10 years.

Is it really a must to for investors hold bitcoin for 8 to 10 years, before someone can see profitability in the investment? I think someone who is able to hold his bitcoin for a full circle stand a chance to see some profits. And if  the investor decides to take part of his the profit he has made over the 4 years, he is not wrong. When you use the word must, it now looks as if 8 to 10 years is the only acceptable number of years for someone to hold bitcoin before they can profit from it. The reason why they say invest only money you won't be needing for the next 4 years in bitcoin, is because after 4 years you can do some evaluations to know if you can take part of your profit and attend to some of your human needs that must have come up over the 4 years of your investment and waiting. Yes it's true that if you hold your bitcoin longer for 8 to 10 years, you sand a better chance of bigger profitability. But that's now a choice that each investors have to make, after holding up to 4 years. To continue holding their entire portfolio or to take part of their profit and still continue with their DCA for the next circle.

I don't think it is necessary to put a duration of holding that an investor will see profit but it is advisable to hold for at least 4 years as this is enough to see two of the major seasons that Bitcoin go through base of the data we have about bitcoin. This is the minimum though, the most important thing is that the longer the hold, the better and more profitable the investment, do the investor should endeavor to hold for reasonable length of time to ensure maximum profits can be seen.

Some are not just holding for the profits rather as a way of accumulating wealth for the future. This class of holders does not worry about selling within the market cycles and will continue to buy more when they have discretionary income.

[OgNasty]

The 7-day chart for Bitcoin looks pretty brutal.  I think we're all just watching and waiting to see how low it is going to go.  Hopefully not too much lower, not that I'm planning to sell any but I think we all enjoy seeing Bitcoin in the 6-digit range.  One thing is clear...  The market traders have been embracing the Sell Sell Sell lately.  I worry we're only going to end this drop with a massive volume shakeout and who knows what sort of cascading liquidations that will bring.  It might be the time to hold on for dear life...

[Mayor of ogba]

There's nothing wrong with being greedy in your bitcoin investment. I want you to understand that every investor doesn't have the same discretionary income; there are investors who have a good discretionary income, which allows them to invest in bitcoin according to their greedy level, and still sustain their bitcoin investment for a long time. It is when you use all your money to invest in bitcoin or when you invest in bitcoin way above your discretionary income that you will have problem in maintaining your bitcoin investment because you will lack money to solve your daily expenses, which will give you no choice but to sell your bitcoin investment prematurely to survive.

Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.
Don't be among the group that would start praying for it to fall again because they missed the opportunity
We only having this correction and we going Fly.

I'm still on my accumulation journey, and I have not even accumulated the amount of bitcoin I want to hold for the long term, so I am not even moved to sell my bitcoin for short-term profit or sell it because of a dip. My main concern is how I will accumulate the amount of bitcoin I want and hold it for at least 4-10 years or more. I have already planned my bitcoin investment in such a way that I am using the money I can afford to lose or the money I will not need for 4-10 years or more to invest in bitcoin, which will allow me not to depend on my bitcoin investment to survive and also allow me to hold my bitcoin to the desired year I intend to sell it. I want to be among those investors that buy bitcoin from the weak hands, so I am not selling my bitcoin cheaply to anyone because it takes me a lot of time to accumulate the amount of bitcoin I have now.

[JayJuanGee]

Funny how weak hands are selling and institutions are buying
Is like they are not seeing all these as a sign that selling isn't a wise decision.
Never sell in a Loss. Even if Bitcoin falls to $70K or the technical analysis supports it.
Don't sell.    ~snip

You called those selling as weak hands, and they will continue to be weak hands because they lack the foresight to see the potentials of bitcoin in the long run, that's why they are selling. About institutions buying more, i don't fucking care about them despite that their activities also influences the market but since we can't tell their next move, am not interested to know how much they are buying.~snip

~snip   You can't really call all that is selling now weak hands because there are investor who has been consistently accumulating Bitcoin for a longer period of time probably 10 years back may just decide to sell out little portion of their Bitcoin hodling that doesn't mean they are weak hands because most of has already gotten to their bitcoin accumulation target so I don't see this kind of people selling as a weak hands since they are not selling all their bitcoin hodling.

When using "weak hands", I think Ambatman and Cryptoprincess101 should been more specific with the categories of people they were referring to. You're right, not everyone selling a portion should be called a weak hand, but I can't speak for everyone though. I can speak for myself, because I know what I hold, so using that phrase for myself if I happen to sell at this point (which i won't), makes a complete sense.

The truth is, one way or the another, investors will definitely sell out some portions even if it's a 5-10years plan, as long as time still works. And if you read Ambatman's reply further, he emphasized on never making a mistake to sell at loss. He isn't far from the truth, because people with short term plans and impatient tends to find themselves in this position.

And as for institutions buying, well I don't think they also plan on holding forever as well, but I just hope it doesn't get to the extent of scarcity. As long as Bitcoin still remains very much available, even for a new investor, then there is no problem at all.

I doubt that the question is whether a weak hand is someone selling at a loss, since almost anyone selling supra $90k would be in profits and not in a loss.... .there are folks selling within their first cycle, so their profits might be anywhere between 30% and 8x.. so there can be all kinds of variations in the levels of dollar profits that these sellers are getting.

A person who might be more than a whole cycle in bitcoin, perhaps 6-10 years in bitcoin has more options, and such person may or may not have had reached his accumulation goals, yet a person 6-10 years in bitcoin would likely have BTC costs below $10k per coin, yet even if they made a several mistakes, yet were mainly prudently accumulating bitcoin, then they still likely would have costs below $20k per coin, so it would likely be the case that guys holding BTC 6-10 years in bitcoin would have profit levels mostly falling in the 4x to 100x range, and so we can likely see that time in the market pays  off more than timing the market, so it may not be as BIG of a concern for someone with 20x to 100x profits to be shaving off a bit of his stash, and there might not even be compelling reasons for shaving off large amounts, just portions of the stash from time to time, and surely better to shave off some of the stash while BTC prices are going up rather than down, and whether there is any exact excitement around round numbers like $100k might relate more to individuals getting caught up in round numbers rather than there really being much difference between $70k and $108k in terms of shaving off small portions of a stash for whatever reasons might be considered by the longer term HODLer.

I am not going to proclaim that merely being a longer term HODLer contributes to not being a weak hand, so there still are likely needs to avoid overly generalizing what we believe to be happening, and I have already historically seen a lot of folks still within their first cycle selling way too many BTC too soon, and sure it is their choice, but it is a form of weak-handedness if it results in selling too many coins too soon, even though at the time that a person makes such sales of their BTC they frequently don't realize that they are not going to be able to buy back as many coins as they had, especially if they sell a lot of it and end up consuming it or sometimes unrealistically waiting for dips that do not end up happening.

...

It is true that some folks will purposefully push the amount that they invest within their discretionary income to a level that is aggressive, yet they still have their other back up funds covered, in the event that they might make some miscalculations from time to time, and they also might purposefully shoot to invest towards a place that it 20% to 50% or even higher than their target just so that they are clear and comfortable that they have enough BTC.   

A person who practices his system a lot will be less likely to make severe mistakes due to ongoing practices, yet at the same time, a person might not realize that he made a mistake until after he is faced with consequences of the mistake... and I would think that the more a person practices, then the more likely that the mistakes that are made are not going to end up causing any kinds of high levels of damage upon him - especially since there are always going to be trade-offs that are made, and a person can only attempt to balance trade-offs as best as he can based on his own then knowledge of the circumstances, which there are going to be known knowns, known unknowns and unknown unknowns that should be attempted to be accounted for.

But talking about aggressiveness, that is such a subjective subject. As you mentioned, if someone goes beyond their initially set target investment by maybe 20% to 50%, than whatever their target was before, we would probably consider this practice aggressive in relation to what was the investment target before.

I am sure that there are several ways that targets could be framed, yet I was thinking about going 20% to 50% beyond the target for both peace of mind, and just to have more comfort that they had reached enough BTC without making mistakes that would necessarily cause them to have to reverse their earlier assessment.

In another thread, I had  used the example of a guy who might currently consider 21 BTC to be his fuck you status target, and so if he is at 35 BTC then he has about 66% more than his target. I am also presuming making assessments of BTC dollar value based on the 200-WMA and not based on spot price, so then there seems to be less room for error since, so far in bitcoin's history the 200-WMA has continued to go up, so I doubt it is helpful for a guy to be basing how many BTC he needs on spot prices, especially if he plans on mostly hanging onto his BTC and cashing out slowly (and sustainably) rather than cashing out in lump sums, which I personally find problematic in terms of assessing BTC value.. yet surely a person who has reached 20-50%, or even 66% higher than his target value, he will have more options to cash out lump sums too, within the amounts of his superfluous amounts of BTC that he has assessed himself as having... so the guy with 66% extra BTC could maybe make a lump sum cashing out of 10% to 90% of that extra BTC and he would still be in a position of having more than his target quantity of BTC.

But then when Elon Musk were to announce to invest $5 billion into BTC, would that be aggressive? It would mean he puts less than 1.2% of his wealth into BTC and that is only talking wealth as he could in theory generate tons of cashflow too.

Ultimately I think it depends on the ability to handle miscalculations or risks that could barely be anticipated. There was this one guy here who sold jewelry from his wife to go all in, I think that is a pretty aggressive approach although it could be argued that it was ok when everyone agreed to doing it. On the contrary it is hard to believe that some billionaires did (allegedly) not invest into BTC.

What's aggressive and what is not can be a wide range of factors to be considered the higher your net worth is. In the lower income ranges I think it's pretty straight forward that financial existence shouldn't be at risk, but then we all heard the stories where someone claimed to have sold their house, lived in a motorhome and won big time. But I have a hard time calling that a strategy...

Surely personal wealth situations are going to differ, including accounting for all of the 9 individual factors.. and yeah, how to measure aggressiveness will differ in terms of other investments that a person might have and whether their income comes from passive sources or if they have to work for their income.  Some forms of income are more regular and some forms are irregular, including if guys are engaging in a multitude of businesses that might require capital infusions from time to time, and may or may not have access to debt or government subsidies, depending on the kind and the size of the business.

[EarnOnVictor]

Planning and discipline in investing are very necessary and also instilled in us so that we can do it well and routinely, long-term investment in Bitcoin is a very good and safe choice because if we look at the extraordinary track record that has occurred in Bitcoin, it is not impossible that in the future the price will be much higher which allows our long-term investment to be a big profit in the future.

However, all of that must be planned very well and seriously, investing an amount of money that we can afford to lose is a wise choice even though Bitcoin will always provide good profits in the long term will not harm us if it is not as expected because we use money that we can afford to lose. However, if we do it routinely with the DCA method and according to our abilities, it is an ideal choice for those of us who have limited money but will be big in the long term if we can do it routinely every week or month for a maximum of 5 to 10 years. And besides that we must have savings outside the investments we make with the aim of urgent funding needs and not touching the investments we make in the form of Bitcoin so that everything runs well and successfully.

if you want to invest anything, not just in Bitcoin. they must have good financial management. all must be prepared to avoid chaos in the investment plan that is carried out.
we who want to invest must of course sort out money for needs, money for savings, money for fun, and money that we allocate for investment. many beginners misunderstand investment with savings. some that put their savings funds to increase their investment portfolio. the wrong step when finally someone needs funds for emergency purposes. when you no longer have savings funds, then the choice taken is to mess up your investment. a wrong choice.

We should stop pampering responsibilities as a factor for not investing, it may only encourage excuses and unnecessary spending and will not allow many to invest at all if care is not taken. I noticed that this mindset is popular on this thread, it must not necessarily be adhered to before you invest, otherwise, many people being happy with their investment in Bitcoin today wouldn't have invested anything but give excuses, investing goes with sacrifice. Investment and risk also go hand in hand, it's part of the risks you take by investing what you invested at that time, just reserve a little and then go hustle to make more money that can continue to take care of the bills while you leave your sacrificed investment locked as if it's not there if you are serious.

[Btcdeybodi]

The 7-day chart for Bitcoin looks pretty brutal.  I think we're all just watching and waiting to see how low it is going to go.  Hopefully not too much lower, not that I'm planning to sell any but I think we all enjoy seeing Bitcoin in the 6-digit range.  One thing is clear...  The market traders have been embracing the Sell Sell Sell lately.  I worry we're only going to end this drop with a massive volume shakeout and who knows what sort of cascading liquidations that will bring.  It might be the time to hold on for dear life...

The chart is brutal for sure but should we be moved to sell out of panic? NO. Surely, we love to see the price at 6 figures but does it really change anything? because corrections will always push the price below the six digit mark due to the actions of those fearful fucking traders. It's just obvious, these traders are giving institutional investors the privilege of buying more below the 6 digit price point but i like the fact that the price still hovers around $93k regardless.

I think it is better to say that we're hodling till we build a great treasure in bitcoins than to say ''it might be time to hold for dear life'', We can't hodl forever.

[SuperBitMan]

Planning and discipline in investing are very necessary and also instilled in us so that we can do it well and routinely, long-term investment in Bitcoin is a very good and safe choice because if we look at the extraordinary track record that has occurred in Bitcoin, it is not impossible that in the future the price will be much higher which allows our long-term investment to be a big profit in the future.

However, all of that must be planned very well and seriously, investing an amount of money that we can afford to lose is a wise choice even though Bitcoin will always provide good profits in the long term will not harm us if it is not as expected because we use money that we can afford to lose. However, if we do it routinely with the DCA method and according to our abilities, it is an ideal choice for those of us who have limited money but will be big in the long term if we can do it routinely every week or month for a maximum of 5 to 10 years. And besides that we must have savings outside the investments we make with the aim of urgent funding needs and not touching the investments we make in the form of Bitcoin so that everything runs well and successfully.

if you want to invest anything, not just in Bitcoin. they must have good financial management. all must be prepared to avoid chaos in the investment plan that is carried out.
we who want to invest must of course sort out money for needs, money for savings, money for fun, and money that we allocate for investment. many beginners misunderstand investment with savings. some that put their savings funds to increase their investment portfolio. the wrong step when finally someone needs funds for emergency purposes. when you no longer have savings funds, then the choice taken is to mess up your investment. a wrong choice.

We should stop pampering responsibilities as a factor for not investing, it may only encourage excuses and unnecessary spending and will not allow many to invest at all if care is not taken. I noticed that this mindset is popular on this thread, it must not necessarily be adhered to before you invest, otherwise, many people being happy with their investment in Bitcoin today wouldn't have invested anything but give excuses, investing goes with sacrifice. Investment and risk also go hand in hand, it's part of the risks you take by investing what you invested at that time, just reserve a little and then go hustle to make more money that can continue to take care of the bills while you leave your sacrificed investment locked as if it's not there if you are serious.

You are right before now some people go to club they party every weekend with there discretionary income but now they have started accumulating Bitcoin they find it hard in doing those things with there discretionary income that are some of the sacrifices you make in other to keep up with your accumulation you need to be consistent and so anything that will make you not to you cut it off.
Not that you will not have fun and do some fun things but that will be with part of your discretionary income not the part meant for your Bitcoin accumulation because you are dividing your Discretionary income some part for your Bitcoin accumulation and the other part for what ever you wish to do with it however if you have no backup funds you need to also you some part of that discretionary income to build it, if you are not willing to sacrifice somethings in other to invest then you are not ready for investment.

The 7-day chart for Bitcoin looks pretty brutal.  I think we're all just watching and waiting to see how low it is going to go.  Hopefully not too much lower, not that I'm planning to sell any but I think we all enjoy seeing Bitcoin in the 6-digit range.  One thing is clear...  The market traders have been embracing the Sell Sell Sell lately.  I worry we're only going to end this drop with a massive volume shakeout and who knows what sort of cascading liquidations that will bring.  It might be the time to hold on for dear life...

The chart is brutal for sure but should we be moved to sell out of panic? NO. Surely, we love to see the price at 6 figures but does it really change anything? because corrections will always push the price below the six digit mark due to the actions of those fearful fucking traders. It's just obvious, these traders are giving institutional investors the privilege of buying more below the 6 digit price point but i like the fact that the price still hovers around $93k regardless.

I think it is better to say that we're hodling till we build a great treasure in bitcoins than to say ''it might be time to hold for dear life'', We can't hodl forever.

If you are a long term Bitcoin holder I see no reason will should panic, bitcoin is highly volatile in nature so rising and falling has been part of Bitcoin however that has not stopped it from growing there was a time Bitcoin was not even up to $10k that that time Bitcoin was still volatile in nature but Bitcoin kept on growing in price till date so I see no reason people will panic because of the dip, when there's a dip I'm happy because is an opportunity for me to buy cheap before it goes back to the price it was before or even more than that former price.

You really do not understand what OgNasty meant by "it might be time to hold for dear life" that statement is an idiomatic expression which means that we need to increase our level of patience when it comes to holding, he used the expression of holding for our dear life to tell us that we should try securing our Bitcoin by holding on to it patiently, his not tell us to hold till death, anyone who thinks his has accumulated enough and will love to sell is free to, Bitcoin is and investment and surely a time will come when you start ripping the good of that investment.