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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 102066 times)
JayJuanGee
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December 27, 2024, 06:48:37 PM
 #2621

[edited out]
It's very true what you say as long as we don't stress about collecting bitcoins, even though for example we already have a lot of bitcoins, of course that is a good thing and indeed for some people there will definitely be a time when they feel enough with the BTC they get, but of course we also don't blame them because Of course that is his right and of course everyone has different thoughts and different ideals.

but it seems that I also agree with you because to be honest, up to now I personally have never been satisfied with collecting BTC because for me buying using the DCA system and of course using money that is ready to be lost to buy BTC for me is certainly not a difficult thing because it doesn't harm my daily life. today and honestly I see the higher the price of BTC, the more I want to continue DCA because I see that currently there are still a few people buying BTC because there are quite a few people who prefer to invest in altcoins and don't want to invest in BTC and of course in my opinion Surely someday it will happen that people will be disappointed with altcoins and surely in the end BTC will be the final goal. So I personally looked in that direction and I also heard the news that one day in the future the price of BTC will be stable and the prices will not fluctuate or fluctuate much because there are so many users, so for me personally I will continue to be enthusiastic about DCA.
You have been registered on the forum for less than 2 years.  So have you been accumulating bitcoin for that amount of time or longer?

I have a hard time figuring out how most people would be able to accumulate enough BTC in less than 2 years, especially with the BTC price pretty much going up the whole time.
One thing is that most guys may have been investing in bitcoin before joining this forum maybe it could be that their strategy of investment could be lump sum, and could have accumulated enough before joining here. but as they join the forum such people would adopted the DCA or buying the dip. I presume lump sum investment are the most common type of investment people normally do. Because I am syaying this out of experience but although I did such in shitcoin of course I wouldn't lie, and I learnt my lesson . Sometimes you cant really judge people by there date of registration on Bitcointalk because they have been investing way before joining the forum, perhaps they only came to know more about bitcoin.

Many people who consider investing have troubles getting started in their investment because they frequently presume that they need to start with some kind of a lump sum, so they have troubles gathering up enough money to get started.  We should not presume that people are investors prior to getting to the forum, unless they might mention something of the sort or described their investing experiences, so in that sense it is better to presume folks are not investors rather than presuming that they are.

Part of the reason that many of us suggest that people get started as soon as possible and start investing with DCA or a form of incrementalism is so that people can get used to setting aside a bit for bitcoin every week and get into the habit of buying bitcoin regularly, and even then it can take a long time to build a habit of investing.

There are certain ways that members can present their information to show that they have some investment experience prior to coming to the forum, yet without that information I am not going to presume them to have much if any investment experience.. and sometimes there are members who come to the forum and present themselves as if they are experienced in investing, yet after a bit of back and forth discussion, we might soon figure out that they are likely not as experienced as they are presenting themselves to be.  If anyone wants to clarify their knowledge or experiences in order to help to tailor responses that go along with such experiences, then there is nothing wrong with that, yet I am also not going to presume anyone to have strong cashflow management skills either, yet having strong cashflow management skills might go along with having some investment experiences, or perhaps some other justifications for developing strong cashflow management skills (such as persons who are might have businesses with varying levels of cashflows, expenses and even perhaps the use of debt in the business).

[edited out]
Anyone who is aspiring to be an investor knowing fully well that with his or her financial status he or she can not scale through it and still venture into Bitcoin investment will probably end up along the line and one of the thing that always cause this is covetousness, when they saw there friends or relatives is investing in Bitcoin and seeing the progress in their investment will trigger some people to..., However, I don't see anything wrong if an investor take this investment as a competition and they have all it takes to maintain i mean keep their investment running smoothly but the only time I consider or see it to be a wrong move is if an investor doesn't have what it takes to... Because definitely they are going to get choked some day, the advantage an investor will have if they take it as  a competition and have the money to keep their investment..., is that they will increase their portfolio so quick which is every investor's mindset.
Yes people do like to compete, yet there are still going to be needs to tailor their level of aggressiveness to their own particular 9 individual factors rather than trying to do (or out-do) what some of their peers might be doing. 

Surely a person might consider that he is just being aggressive in his investing and not realizing that he is being over-aggressive until it is too late and he ends up screwing up his finances because he over did it.
I think it's okay for us to compete to build our bitcoin portfolio with other people. However, on condition that this must not be based on greed. Because greed will certainly make our investment in bitcoin run less smoothly. So what I mean by competing here is just to serve as motivation for us. So that we can work harder and have more income to accumulate in bitcoin. I think if competing to collect bitcoins is based on that (as motivation), there is no problem for me to compete. Because sometimes someone needs encouragement or motivation to stay enthusiastic about doing something like investing in bitcoin.

Sure.  There can be times and places for competition, even though I would suggest one of the better competitors is to compete against ourselves in terms of a bitcoin version versus a non-bitcoin version... yet sure there could be someone with a similar status and/or salary that we might compare ourselves to, and if we are investing into bitcoin and they are not investing into bitcoin, we can compare ourselves to such similarly situated person.   Over many years, such as 4-10 years or longer, we might also see that we might surpass the wealth of non-bitcoiner folks who were considered to have had been much more wealthy than us. 

However, if we are competing to collect bitcoins, we still have to be careful. Because sometimes we cannot control our emotions or feelings completely. So, instead of being a good motivation, this could actually be a negative motivation. Like investing as much money as possible in Bitcoin, without realizing that the money is for other needs (hot money). So in this case we have to be careful if we want to compete to collect bitcoins (against our own emotions). Therefore, if we feel unsure about competing to collect bitcoins with other people, it's a good idea to do DCA casually. Because in my opinion, doing DCA calms the mind and has very minimal risk.

Yep.  We frequently run risks of investing into bitcoin beyond (or at the limits of) our discretionary income, and then we might find that we got ourselves into trouble because we might have had miscalculated and/or especially if we might not have sufficient back up funds to cover our mistakes when we make such mistakes.

The more that we practice investing and figuring out our level of aggressiveness, then the better we should become at making sure that we are not causing unnecessary stress upon ourselves in regards to our finances and also making sure that we have sufficient back up funds to so that we are able to cover many of the mistakes that we might make along the way, so long as we don't engage in overly risky behaviors in which even our back up funds are not able to cover our mistakes, and then we end up having to sell some or all of our BTC at a time that was not of our own choosing... then perhaps all of the competing that we had been doing, we end up finding ourselves as a loser since we had overplayed our hand, and then come to realize that we were gambling rather than investing, and it surely does not feel good to come out being a loser in those kinds of circumstances when we may well know that we could have had played our situation much better than we did, but perhaps 4-10 years later down the road, we have spent a bunch of time that we are not able to turn back the clock and to fix our earlier mistakes, especially the BIGGER ones.

You have been registered on the forum for less than 2 years.  So have you been accumulating bitcoin for that amount of time or longer?

I have a hard time figuring out how most people would be able to accumulate enough BTC in less than 2 years, especially with the BTC price pretty much going up the whole time.
That’s actually possible, pending certain condition of which;
1. You are very rich and perhaps only realized Bitcoins potential later in life or as an investment advice
2. You are an institution or works with one to accumulate Bitcoin which in any case, it wouldn’t be yours, technically.
3. You’re a very successful trader which is rather difficult to be, being new to Bitcoin.
In all, accumulating as a new user is difficult but still possible.
However, a lot would always depend on when you started and how active you’ve been about accumulating Bitcoin.

Yes.  There are various unlikely scenarios that could have caused someone to be able to front-load invest into bitcoin around less than 2-ish years ago.. yet I doubt it, and I am not going to presume those circumstances to be true, unless someone describes their own circumstances as such. Otherwise it takes a fucking long time to build an investment (including in bitcoin) even for experienced and well-endowed investors... yet again, I am not going to presume anyone to be an experienced or well-endowed investor unless maybe they say that they have such a circumstance going on that contributes to how they might have had already reached a status of sufficient and/or over-accumulation of BTC.

Even with Michael Saylor in August 2020, when he stated that he made his first BTC purchases for himself and for his company (MSTR), he said that he had invested something like $250 million into bitcoin and 75% of MSTR's cash reserves into bitcoin on his first set of BTC purchases, and so we might have had concluded that he (and MSTR) had accumulated enough BTC or more than enough BTC, yet he continued to accumulate.  So sure there could be situations in which a person reaches enough BTC or more than enough BTC since they already have had many years investing into other things prior to coming to bitcoin, yet I am not going to presume anyone to be in such a state of affairs, since most people are not in such a state of affairs, and most people, even if they have other investments at the time that they start to invest into bitcoin, their other investments may well not be liquid enough or they might not want to move large portions of their other investments into bitcoin, so they still have to spend time establishing a BTC position rather than lump summing into bitcoin from the start.

It might not be fair to use MSTR as an example since they are a bit of an anomaly in terms of what they are trying to achieve, and individuals may well have had felt they reached accumulation of their stash at their very first BTC purchase when they used up 75% of their then cash reserves to buy $250 million worth of bitcoin.

In my own personal circumstances, I had spent more than 20 years investing in various other non-bitcoin assets prior to getting into bitcoin in late 2013, and still it took me more than a year to establish my bitcoin position while the BTC price was going down the whole time, and then I also ended up spending additional time investing into bitcoin in what i had considered an over accumulation status to go from 10% of my quasi-liquid investment assets in bitcoin to 13.5% by the end of 2015.. so two years, and I still was not sure about whether I was in a position to mostly stop accumulating bitcoin until about early-to-mid 2017, and even that turned into a means of managing bitcoin holdings rather than completely abandoning BTC accumulation, I continued to maintain some BTC accumulation component even after 3.5 years into bitcoin, even though there had already been an assessment (from myself) that I had reached over-accumulation status...yet how to manage holdings is not always clear either, since there is likely quite a bit of individual tailoring involved with investment (including BTC) portfolio management, too.

Buying on the way down versus buying on the way up can also cause differing kinds of dynamics, yet surely in the first full cycle or the first 4 or more years that we are in bitcoin, we might be stuck in periods of ongoingly buying bitcoin through both up periods and down periods, and so after a while accumulating BTC, we may well find ourselves way more informed about how to manage our own circumstances, yet it still seems difficult for anyone with less then 2 years investing in bitcoin to be in a position of over-accumulation unless they were able to frontload their BTC investment, which truly I am not going to presume to be the case, absent some kind of explanation of that front loading being the case.

To buy bitcoin doesn't have a perfect time to buy bitcoin but I know that investing in Bitcoin what you to know concerning bitcoin investment is for you to know when you will invest, because probably bitcoin investment is something that  someone who have courage can do, and if you're money conscious person you will not think to keep your investment just a few time of investment, don't panic because bitcoin investment know the condition of every cryptocurrency investment.
I hardly could understand anything you have said here. The only points i picked is that there is no time which is considered perfect to buy Bitcoin. Yesterday i say a topic in my local board where someone was regretting, he didn't buy Bitcoin in December when his friend was investing, he was busy spending his money to his satisfaction and that made him not to invest in Bitcoin through this year. I simply told him that you didn't buy in December last year then why didn't you buy this year.

It's no okay to see that people still find what to put the blame on for not starting their investment. And till tomorrow there are people who will still fall under this category. Hoping that there is a perfect time to buy bitcoin. They will continue to be disappointed if they don't remove that mindset from their mind.
In crypto, - you are your own king, and there should be no disregard for not accumulating Bitcoin through anything it withstands - a bull run or a bear run.
Nobody should be a target of blame for the things you could invest your time and effort in - it would lead to nowhere, in most cases.

We are not talking about cypto here.  Fuck crypto.  You are surely not king if you are in crypto, but it if you are referring to bitcoin then why do you need to mention crypto? 

Are you trying to look smarter by using the word crypto?   But if you were just talking about bitcoin, then why didn't you just use the word bitcoin?  - use of the term crypto makes it look like you really don't know what is bitcoin, and creates an impression that you think that some shitcoins might be similar to bitcoin.. so bitcoin fits in a similar category, and so therefore you believe using the term crypto is good, which it is not, since it is a vague and misleading terms and causes many folks to wonder what you are talking about when you choose to use such a vague and misleading term?

[edited out]
It's very true what you say as long as we don't stress about collecting bitcoins, even though for example we already have a lot of bitcoins, of course that is a good thing and indeed for some people there will definitely be a time when they feel enough with the BTC they get, but of course we also don't blame them because Of course that is his right and of course everyone has different thoughts and different ideals.

but it seems that I also agree with you because to be honest, up to now I personally have never been satisfied with collecting BTC because for me buying using the DCA system and of course using money that is ready to be lost to buy BTC for me is certainly not a difficult thing because it doesn't harm my daily life. today and honestly I see the higher the price of BTC, the more I want to continue DCA because I see that currently there are still a few people buying BTC because there are quite a few people who prefer to invest in altcoins and don't want to invest in BTC and of course in my opinion Surely someday it will happen that people will be disappointed with altcoins and surely in the end BTC will be the final goal. So I personally looked in that direction and I also heard the news that one day in the future the price of BTC will be stable and the prices will not fluctuate or fluctuate much because there are so many users, so for me personally I will continue to be enthusiastic about DCA.
You have been registered on the forum for less than 2 years.  So have you been accumulating bitcoin for that amount of time or longer?

I have a hard time figuring out how most people would be able to accumulate enough BTC in less than 2 years, especially with the BTC price pretty much going up the whole time.
I guess he or she has been into Bitcoin investment long before joining this forum and again sometimes the year one registered or sign up in this forum doesn't really determine how much Bitcoin they have.

Bullshit.  You cannot presume such person to have been investing into bitcoin prior to joining the forum, unless they might say something to indicate that to be the case.

And if I may ask @JJG how much Bitcoin do you think or feel an investor should accumulate in less than a year.

The referred to member (Solokan) has nearly 2 years registered on the forum, not less than one year.  One year versus two years could make a decent amount of difference, especially since the BTC price has been largely going up during the whole time.  The most that an investor can accumulate without gambling is the amount of their discretionary income, and if such member has other investments and/or savings at the time that he enters into bitcoin, then he can draw from those sources too.

We cannot presume the financial circumstances of any member unless they say something, and we most likely are better off presuming that most people are just able to draw from their discretionary income and figuring out some balanced level of aggressiveness that they are personally able to tolerate or they consider to be feasible for their own situation.

However, how people are able to accumulate enough Bitcoin shouldn't dismay you because there are people who are stinkingly rich and this kind of people accumulating enough Bitcoin in their portfolio wouldn't be a problem or big deal to them regardless of the market price and I want to believe some of them don't usually use the DCA but rather the lump sum and their 3 - 4 times lump sum can be some investor's 4-6 years of DCAing if not more.

Yep, and you sound like a dumb presumptive twat if you believe that any random forum member is stinkyingly rich and that they front-loaded their bitcoin investment.  Sure, it is possible that some forum members have been able to significantly front-load their investment, yet I am not going to presume such status.

When I got into bitcoin, in late 2013, I was attempting to somewhat frontload my bitcoin investment, yet I started investing towards the top of that cycle, and sure a guy might be better off to front load towards the bottom, especially if the BTC price is going up, but if a member does not specify his tactic in regards to having had front loaded his bitcoin investment, to me, it seems overly presumptuous to assume that he was able to do such a thing or that he did do such a thing.  You are just guessing, and you are actually guessing against the odds, since many times people will describe if they might have had engaged in a practice that ended up paying off, and it tends to be quite difficult to accomplish such frontloading, even if some guys might be in a financial position to carry out such front loading of their BTC investment, many times they still are not ending up having enough bitcoin conviction to employ such front-loading tactics.

Think again of Solokan, he registered on the forum about January 2023, very close to the bottom of the BTC price, and so surely he may well could have been able to buy a bunch of bitcoin around $20ks, but surely I doubt that he actually was able to accomplish such.

Let's presume a person who had been investing in various assets for 15-20 years prior to January 2023, so he comes to bitcoin, and he has an income of about $100k per year, and so maybe he has an investment portfolio that is more than $300k, so such a guy would have options to buy a bunch of bitcoin in early 2023 when he presumptively decided to get into bitcoin, yet I am still not going to presume that he just throws a bunch into bitcoin (such as $100k or $120k), and then continues to DCA at about $400 per week for the past two years, then that would amount to about $42k invested and 1.1 BTC. Sure it is possible that such a guy was able to heavily front load into bitcoin upon learning about bitcoin, but I am not going to presume it.

So, if such a guy was able to buy 5 BTC with his initial $100k around $20k per coin in early 2023 (sure maybe he paid a bit more for them, so it could have had been $120k to buy 5 BTC), then his 2 years of buying BTC at $400 per week would have put him at an additional 1.1 BTC, and sure it is possible that, he would then be at 6.1 BTC, which surely would not be a bad place to be. yet I am not going to presume such a prescience in front-loading his BTC investment, so there are only going to be rare folks who are ready, willing and able to front load in such a way (and to actually do it) so he probably should indicate if he happens to be one of those kinds of prescient folks rather than the more common kinds of folks that struggle to invest 10% of their income into bitcoin in a DCA kind of a way rather than investing into bitcoin in a lump sum investing kind of a way.

[edited out]
Honestly there’s no specific amount indicating an investor should meet in a year rather you create your own plan and set a target. It’s difficult if an investor choose to stop when there’s no limit investing, Talking about the rich ones it’s more interesting they invest and safe rather than spending. No doubt they have higher opportunity investing still 2 years is not even enough for an investor. Don’t always mind the lump sum or the dca because both can be applied for investing purpose as usual, 3-4 times lump sum and 4-6 years dca comparison doesn’t matter rather so long as the purpose is accomplish.

It is still pretty presumptuous to imagine someone being able to meet a status of overaccumulation of BTC in less than 2 years, especially with the BTC price going up around 5x during such time.  But hey, you guys can imagine all that you like in regards to practicalities of investing, or even the difficulties in frontloading an investment, even if someone might be financially able to do so, which is also a big presumption and a  very small minority of folks who are even in such a position to front load their investment into bitcoin, which I doubt that they are very representative of most newbie investors into bitcoin.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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December 27, 2024, 06:50:01 PM
 #2622

[edited out]
It's very true what you say as long as we don't stress about collecting bitcoins, even though for example we already have a lot of bitcoins, of course that is a good thing and indeed for some people there will definitely be a time when they feel enough with the BTC they get, but of course we also don't blame them because Of course that is his right and of course everyone has different thoughts and different ideals.

but it seems that I also agree with you because to be honest, up to now I personally have never been satisfied with collecting BTC because for me buying using the DCA system and of course using money that is ready to be lost to buy BTC for me is certainly not a difficult thing because it doesn't harm my daily life. today and honestly I see the higher the price of BTC, the more I want to continue DCA because I see that currently there are still a few people buying BTC because there are quite a few people who prefer to invest in altcoins and don't want to invest in BTC and of course in my opinion Surely someday it will happen that people will be disappointed with altcoins and surely in the end BTC will be the final goal. So I personally looked in that direction and I also heard the news that one day in the future the price of BTC will be stable and the prices will not fluctuate or fluctuate much because there are so many users, so for me personally I will continue to be enthusiastic about DCA.

You have been registered on the forum for less than 2 years.  So have you been accumulating bitcoin for that amount of time or longer?

I have a hard time figuring out how most people would be able to accumulate enough BTC in less than 2 years, especially with the BTC price pretty much going up the whole time.


I guess he or she has been into Bitcoin investment long before joining this forum and again sometimes the year one registered or sign up in this forum doesn't really determine how much Bitcoin they have. And if I may ask @JJG how much Bitcoin do you think or feel an investor should accumulate in less than a year. However, how people are able to accumulate enough Bitcoin shouldn't dismay you because there are people who are stinkingly rich and this kind of people accumulating enough Bitcoin in their portfolio wouldn't be a problem or big deal to them regardless of the market price and I want to believe some of them don't usually use the DCA but rather the lump sum and their 3 - 4 times lump sum can be some investor's 4-6 years of DCAing if not more.
Honestly there’s no specific amount indicating an investor should meet in a year rather you create your own plan and set a target. It’s difficult if an investor choose to stop when there’s no limit investing, Talking about the rich ones it’s more interesting they invest and safe rather than spending. No doubt they have higher opportunity investing still 2 years is not even enough for an investor. Don’t always mind the lump sum or the dca because both can be applied for investing purpose as usual, 3-4 times lump sum and 4-6 years dca comparison doesn’t matter rather so long as the purpose is accomplish.
You are really making sense here, their is a saying in my country which say; slow progress is a progress, as long as you don't stop.
So the most important thing here is consistency, especially when you don't have the capacity to buy in bulk like microstrategy did.
And the DCA accumulating strategy is the best way to follow, because you will have to be buying weekly or monthly according to how much you can afford to do away without for a very long time, without tempering with it.
But we should not forget that the key thing there is consistency, without that nothing great can be achieved.

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December 27, 2024, 09:19:27 PM
 #2623

You are really making sense here, their is a saying in my country which say; slow progress is a progress, as long as you don't stop.
So the most important thing here is consistency, especially when you don't have the capacity to buy in bulk like microstrategy did.
And the DCA accumulating strategy is the best way to follow, because you will have to be buying weekly or monthly according to how much you can afford to do away without for a very long time, without tempering with it.
But we should not forget that the key thing there is consistency, without that nothing great can be achieved.
Investing requires confidence, patience, consistency in buying, and also having income every month or every week.
If that is complete we can arrange the purchases we will make with various strategies, and in general DCA is easier to understand so we prefer to invest in bitcoin with the DCA strategy.

And also a target is needed in the investment we make. We invest of course the big target is profit without profit we are unlikely to be interested in investing. Yes, that's a reasonable problem, I mean if we target an initial investment of around 10 years with regular purchases with DCA then when we reach the final stage we will calculate the profit we get.
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December 27, 2024, 10:03:44 PM
 #2624

It is still pretty presumptuous to imagine someone being able to meet a status of overaccumulation of BTC in less than 2 years, especially with the BTC price going up around 5x during such time.  But hey, you guys can imagine all that you like in regards to practicalities of investing, or even the difficulties in frontloading an investment, even if someone might be financially able to do so, which is also a big presumption and a  very small minority of folks who are even in such a position to front load their investment into bitcoin, which I doubt that they are very representative of most newbie investors into bitcoin.
Well, I will have to agree on this one cause the rate at which BTC is pumping right now, the cost of frontloading your investment portfolio into Bitcoin will be really expensive, but hey you never can tell, someone with a deep pocket can just do it (still a presumption thought)
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December 27, 2024, 10:28:43 PM
Last edit: December 27, 2024, 10:41:56 PM by JayJuanGee
 #2625

It is still pretty presumptuous to imagine someone being able to meet a status of overaccumulation of BTC in less than 2 years, especially with the BTC price going up around 5x during such time.  But hey, you guys can imagine all that you like in regards to practicalities of investing, or even the difficulties in frontloading an investment, even if someone might be financially able to do so, which is also a big presumption and a  very small minority of folks who are even in such a position to front load their investment into bitcoin, which I doubt that they are very representative of most newbie investors into bitcoin.
Well, I will have to agree on this one cause the rate at which BTC is pumping right now, the cost of frontloading your investment portfolio into Bitcoin will be really expensive, but hey you never can tell, someone with a deep pocket can just do it (still a presumption thought)

Sure, we could refer to what a person would do right now, and we can refer to what a person might have had done 2 years ago, which was the case that I was talking about with my initial reference to Solokan's situation.

The situation is not exactly the same, but the dilemma about getting started is not different, whether we are talking about front-loading versus just DCAing.

Like my earlier example, if a person is brand new to bitcoin and he happens to be somewhat well to do and to have an income that he can invest right around $400 per week, and he has an ability to access $100k in cash to be able to invest into bitcoin (let's say that he could access such cash within the next 2-6 weeks), then he still may well be better off to put some portion of that lump sum or perhaps even all of that amount into bitcoin right away rather than employing waiting strategies.

I am not presuming that newbies are well to do, yet I had been responding to another member's description (or even presumption) that some newbie members might be rich, yet my presumption is that an overwhelming majority of newbies are not rich and they do not necessarily have a lump sum amount that they have available for investing into bitcoin right away, so the more common presumption is that a newbie would be better off just starting with DCA investing right from the start, while he is getting his bearing about bitcoin as an investment and his other individual factors (9-ish of them)

At this time, right now, we are likely in a different point in the 4-year bitcoin cycle as compared to where we were 2 years ago in the beginning of 2023, yet there still may well not be any real justification for waiting to buy bitcoin, except perhaps if some newbie were to have some lump sum that he is able to invest, then maybe some portion of 50% or more of the available cash to invest right away might be lump sum invested right away and then the other remaining portions of cash available might be divided into DCAing and/or into buying on dips with the realization that dips may or may not end up happening.

There is no way to just make a blanket statement in regards to what a person should do, yet if we are able to describe or imagine some set of circumstances that any person might be in, then we can put the "what to do?" options within the circumstances of such imaginary person.

What kind of a situation were you imagining @OsaiEmma for yourself or for any newbie to bitcoin?  There is a difference between a brand new investor who has no coins and an investor who has already been investing in bitcoin for 2 years or more versus someone of some other status of perhaps investing into bitcoin for a different amount of time.

Since you are brand new registered to the forum @OsaiEmma, then should we presume that you are new to bitcoin investing too?  

Do you have some amount of money that you are ready, willing and/or able to front-load invest into bitcoin, if you were to want to?  

Do you have discretionary income and an emergency fund (and/or other back up funds) already established?  

The mere fact that you are new to the forum would suggest that you don't have any bitcoin or you don't have many bitcoin, yet you would have to describe the circumstances that we might be considering, and in the circumstances of a newbie no coiner (low coiner), most likely, you should be buying BTC rather than waiting to buy.. which I also suggest is likely the case for someone who had been buying for 2 years too, since I usually suggest that newbies should be investing at least a whole 4-year bitcoin cycle without sensitivity to BTC prices in those earliest years of accumulating BTC, and then perhaps reassess BTC accumulation strategies at various times along the way if the circumstances change, but it tends to take a while to build a bitcoin stash and 4 years time might not be enough absent some prior front-loading of the bitcoin investment...

At the same time, newbies are responsible for figuring out how to tailor their own circumstances since no one is going to give any shits if they make money or lose all of their money, and BTC price as compared with other places that you can put your money is ONLY one of the 9 individual factors that newbies should be considering, and so you might want to describe (or at least consider) your own 9 individual factors within the context of your establishing and putting your bitcoin accumulation strategies into practice.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
letteredhub
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December 27, 2024, 11:13:29 PM
 #2626

[edited out]
Anyone who is aspiring to be an investor knowing fully well that with his or her financial status he or she can not scale through it and still venture into Bitcoin investment will probably end up along the line and one of the thing that always cause this is covetousness, when they saw there friends or relatives is investing in Bitcoin and seeing the progress in their investment will trigger some people to..., However, I don't see anything wrong if an investor take this investment as a competition and they have all it takes to maintain i mean keep their investment running smoothly but the only time I consider or see it to be a wrong move is if an investor doesn't have what it takes to... Because definitely they are going to get choked some day, the advantage an investor will have if they take it as  a competition and have the money to keep their investment..., is that they will increase their portfolio so quick which is every investor's mindset.

Yes people do like to compete, yet there are still going to be needs to tailor their level of aggressiveness to their own particular 9 individual factors rather than trying to do (or out-do) what some of their peers might be doing. 

Surely a person might consider that he is just being aggressive in his investing and not realizing that he is beg over-aggressive until it is too late and he ends up screwing up his finances because he over did it.
Well said! Because in life over- excessiveness in carrying out any anything is bound on giving out a negative result from the usual in same line of activity where others are achieving positive results, and same does applies with bitcoin investment. Competing with others shouldn't be anything done with over-aggressiveness  as to beyond your finances . An investor could be hyper competitive and still miss good buying opportunities due to a lack of proper attention to the market and knowing the right strategy to use at different times. Some investors actually don't really know when it's required to change strategy as they really don't research that much.


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JayJuanGee
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December 27, 2024, 11:47:16 PM
 #2627

[edited out]
Anyone who is aspiring to be an investor knowing fully well that with his or her financial status he or she can not scale through it and still venture into Bitcoin investment will probably end up along the line and one of the thing that always cause this is covetousness, when they saw there friends or relatives is investing in Bitcoin and seeing the progress in their investment will trigger some people to..., However, I don't see anything wrong if an investor take this investment as a competition and they have all it takes to maintain i mean keep their investment running smoothly but the only time I consider or see it to be a wrong move is if an investor doesn't have what it takes to... Because definitely they are going to get choked some day, the advantage an investor will have if they take it as  a competition and have the money to keep their investment..., is that they will increase their portfolio so quick which is every investor's mindset.
Yes people do like to compete, yet there are still going to be needs to tailor their level of aggressiveness to their own particular 9 individual factors rather than trying to do (or out-do) what some of their peers might be doing.  

Surely a person might consider that he is just being aggressive in his investing and not realizing that he is beg over-aggressive until it is too late and he ends up screwing up his finances because he over did it.
Well said! Because in life over- excessiveness in carrying out any anything is bound on giving out a negative result from the usual in same line of activity where others are achieving positive results, and same does applies with bitcoin investment. Competing with others shouldn't be anything done with over-aggressiveness  as to beyond your finances . An investor could be hyper competitive and still miss good buying opportunities due to a lack of proper attention to the market and knowing the right strategy to use at different times. Some investors actually don't really know when it's required to change strategy as they really don't research that much.

The level of aggressiveness that a person employs should mostly be tailored towards the solidness of his own finances rather than the BTC price or what he might consider his neighbors to be doing.  Surely after a person develops strong cash flow management practices, then he becomes more free to start to also tailor his aggressiveness in regards to other factors as well, such as the BTC price or what his neighbors might be doing.  

So the point is that guys should be attempting to maintain some level of reasonable focus on themselves and putting their own finances in a strong place first before expanding their aggressiveness in regards to changes in the BTC price and/or wanting to compete with others...

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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December 28, 2024, 04:12:28 AM
Last edit: December 28, 2024, 04:45:46 PM by Ricardo11
 #2628

[edited out]
Anyone who is aspiring to be an investor knowing fully well that with his or her financial status he or she can not scale through it and still venture into Bitcoin investment will probably end up along the line and one of the thing that always cause this is covetousness, when they saw there friends or relatives is investing in Bitcoin and seeing the progress in their investment will trigger some people to..., However, I don't see anything wrong if an investor take this investment as a competition and they have all it takes to maintain i mean keep their investment running smoothly but the only time I consider or see it to be a wrong move is if an investor doesn't have what it takes to... Because definitely they are going to get choked some day, the advantage an investor will have if they take it as  a competition and have the money to keep their investment..., is that they will increase their portfolio so quick which is every investor's mindset.
Yes people do like to compete, yet there are still going to be needs to tailor their level of aggressiveness to their own particular 9 individual factors rather than trying to do (or out-do) what some of their peers might be doing.  

Surely a person might consider that he is just being aggressive in his investing and not realizing that he is beg over-aggressive until it is too late and he ends up screwing up his finances because he over did it.
Well said! Because in life over- excessiveness in carrying out any anything is bound on giving out a negative result from the usual in same line of activity where others are achieving positive results, and same does applies with bitcoin investment. Competing with others shouldn't be anything done with over-aggressiveness  as to beyond your finances . An investor could be hyper competitive and still miss good buying opportunities due to a lack of proper attention to the market and knowing the right strategy to use at different times. Some investors actually don't really know when it's required to change strategy as they really don't research that much.

The level of aggressiveness that a person employs should mostly be tailored towards the solidness of his own finances rather than the BTC price or what he might consider his neighbors to be doing.  Surely after a person develops strong cash flow management practices, then he becomes more free to start to also tailor his aggressiveness in regards to other factors as well, such as the BTC price or what his neighbors might be doing.  

So the point is that guys should be attempting to maintain some level of reasonable focus on themselves and putting their own finances in a strong place first before expanding their aggressiveness in regards to changes in the BTC price and/or wanting to compete with others...
JJG sir you are absolutely right, in fact, especially when investing "aggressively" in Bitcoin, it is very important to have financial stability, stable cash flow, and the necessary funds ready. Bitcoin is an unpredictable currency, and Bitcoin never guarantees profit, (the invested money can be lost, but it can also give many times the return) that is why an investor should ensure his financial strength before making an "aggressive" investment, so that he does not need this invested money in the next 8 to 10 years. Only through financial discipline can an investor be able to build a solid investment foundation. Therefore, before any investment, investors should build their own financial stability and a stable source of income, these are "must needed" to make the investment long-term.

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December 28, 2024, 12:02:32 PM
 #2629

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.
In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.
Bitcoin accumulation should be between ones financial capability and shouldn't be a competition to the accumulators against others because it could really put pressure on you as everyone's financial capacity differs. Even if as humans we have that greed instinct to want to gather more and more, as per investment it should be done with proper planning and coordination even when the authorities probably lift most of the restrictions and develop bitcoin friendly policies in the future it still doesn't reduce to nothing the necessity to accumulate strategically even if you seem not to have a limit to the amount you'll want to accumulate.
Having an accumulation target is very phenomenal to having a productive accumulation process. Targets motivates us to plan properly towards its actualization and when you don't have one, you tend to do stuffs without a clear destination and most times without such targets and plans in place, it is easy to loose motivation and quit the process. It is also okay to set a new target if you reach your planned target before your holding period elapses since it would help keep you committed to your holdings and help eliminate thoughts to start preying on them.

 Your accumulation is a personal thing and you need to access yourself, know your available discretionary income and determine for yourself how aggressive you can be. Remember the goal is to have a healthy accumulation process and overdoing it might discomfort you at some level and possibly demand you fall back on your holdings for survival which is very unhealthy for your accumulation journey.

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December 28, 2024, 08:32:37 PM
 #2630

[
You are really making sense here, their is a saying in my country which say; slow progress is a progress, as long as you don't stop.
So the most important thing here is consistency, especially when you don't have the capacity to buy in bulk like microstrategy did.
And the DCA accumulating strategy is the best way to follow, because you will have to be buying weekly or monthly according to how much you can afford to do away without for a very long time, without tempering with it.
But we should not forget that the key thing there is consistency, without that nothing great can be achieved.
Investing requires confidence, patience, consistency in buying, and also having income every month or every week.
If that is complete we can arrange the purchases we will make with various strategies, and in general DCA is easier to understand so we prefer to invest in bitcoin with the DCA strategy.

And also a target is needed in the investment we make. We invest of course the big target is profit without profit we are unlikely to be interested in investing. Yes, that's a reasonable problem, I mean if we target an initial investment of around 10 years with regular purchases with DCA then when we reach the final stage we will calculate the profit we get.
I also appreciate the emphasis on having a clear profit-oriented goal.
If you are investing in Bitcoin and your focus is on profit from day one, I'm afraid you will sell your Bitcoin earlier than you had planned because Bitcoin has the potential of giving profits that if you are not determined to hold, you will sell. In other words, having a profit-oriented goal from day one  has this way of affecting your psychology and make you focus on quick profits which is very a dangerous way to go about Bitcoin investment.

Setting a 10-year horizon gives your investment enough time to potentially grow significantly, especially given Bitcoin's historical performance and increasing adoption. The idea of evaluating the profits at the final stage makes perfect sense—it’s a crucial step to measure success and refine future strategies.

With this approach, you’re not just investing; you’re creating a well-structured plan that aligns with your financial capacity and targets. It’s practical, thoughtful, and most importantly, sustainable. Patience and consistency truly are key here!"
Now we are back on the same page because investment in Bitcoin requires time to grow and although it must not be 10 years but anywhere from 4 to 10years is just perfect. I think I first saw this range from JayJuanGee and I think it is smart because within that range, we would have seen a complete market cycle for Bitcoin based on the available data.

R


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December 28, 2024, 10:54:22 PM
 #2631

"Why Buying and Holding Bitcoin Makes Sense: A Long-Term Perspective"

Bitcoin has proven to be one of the most revolutionary financial innovations in history. Here’s why buying and holding Bitcoin isn’t just a strategy—it’s a smart move:

1. Bitcoin’s Performance Over the Years
Bitcoin has consistently outperformed traditional assets like stocks and gold over the past decade.
📈 Historical Proof:

In 2013, Bitcoin was worth around $100. Today, it's trading above $94,000 (as of Dec 2024). That’s an increase of over 94,000% in just 11 years.
Even during market corrections, Bitcoin has recovered and reached new highs after every major dip.
2. Limited Supply Drives Value
Bitcoin's supply is capped at 21 million coins, creating scarcity similar to gold.

Proof of Scarcity: Over 19.5 million BTC have already been mined, and the final Bitcoin won’t be mined until 2140. This limited supply, combined with increasing global demand, ensures upward pressure on prices over time.
3. Institutional Adoption
Major financial players are entering the Bitcoin space, signaling confidence in its long-term value.

Proof: Companies like BlackRock, Fidelity, and MicroStrategy have heavily invested in Bitcoin. BlackRock’s Bitcoin ETF approval in 2024 has further legitimized it as a mainstream asset.
Even countries like El Salvador have adopted Bitcoin as legal tender.
4. HODLers Win the Long Game
Bitcoin rewards those who hold through market cycles.

Proof: According to on-chain data from Glassnode, wallets that hold Bitcoin for 3+ years (long-term HODLers) consistently see significant gains.
Example: Those who bought Bitcoin during the 2018 crash at $3,000 and held are now sitting on a 30x return.
5. Halving Cycles Boost Price
Bitcoin’s halving events (every 4 years) reduce the supply of new coins, often leading to price surges.

Proof:
After the 2020 halving, Bitcoin rose from $9,000 to an all-time high of $69,000 in 2021.
The next halving in 2024 is expected to create another supply shock, driving prices higher.
6. Global Hedge Against Inflation
With central banks printing money, fiat currencies are losing value. Bitcoin’s deflationary model makes it a powerful hedge against inflation.

Proof: Bitcoin adoption in countries with unstable currencies (e.g., Venezuela, Turkey) shows its role as a store of value.
Final Thought
Bitcoin isn’t just an investment; it’s a revolution. History has shown that those who buy and hold Bitcoin reap the rewards of its long-term growth. As billionaire investor Paul Tudor Jones once said, "Bitcoin is a great speculation... the best inflation hedge in the financial world today."

Now is the time to embrace this financial evolution. Don’t just watch history happen—be part of it. 🚀

Are these your own words, @Megaboss12?  

On the surface, since are a newbie, it appears to me that you are citing from somewhere else, yet failing to give proper attributions, which also could be considered plagiarism, which is against forum rules... and surely, even if it is your own words, you probably should be clarifying that these are your own words, if they were to be your own words.

Another possibility is that AI wrote your post, since why would any real newbie member write a post like yours when other members hardly even know you?

Maybe some member can run a check on this post to see if it is taken from somewhere else or if it might be written by artificial intelligence rather than being with Megaboss12's actual creation of words?


Relatedly:  your earlier post (cited below)  @Megaboss12 also has a similar issue in terms of questionable attribution, in which the whole text of your post is quoted, which is confusing at best.

Did you write this earlier post yourself or are you quoting some other member?  or some other person outside of the forum or did you have AI write your post?

As a new forum member, you should be trying to post like a human rather than a bot... if you happen to be a human rather than a bot.

You are really making sense here, their is a saying in my country which say; slow progress is a progress, as long as you don't stop.
So the most important thing here is consistency, especially when you don't have the capacity to buy in bulk like microstrategy did.
And the DCA accumulating strategy is the best way to follow, because you will have to be buying weekly or monthly according to how much you can afford to do away without for a very long time, without tempering with it.
But we should not forget that the key thing there is consistency, without that nothing great can be achieved.
Investing requires confidence, patience, consistency in buying, and also having income every month or every week.
If that is complete we can arrange the purchases we will make with various strategies, and in general DCA is easier to understand so we prefer to invest in bitcoin with the DCA strategy.

And also a target is needed in the investment we make. We invest of course the big target is profit without profit we are unlikely to be interested in investing. Yes, that's a reasonable problem, I mean if we target an initial investment of around 10 years with regular purchases with DCA then when we reach the final stage we will calculate the profit we get.
"Your perspective is spot on! Investing in Bitcoin with a DCA strategy is indeed a practical and disciplined approach. The combination of confidence, patience, and consistent income lays the foundation for successful long-term investing. By breaking down investments into smaller, regular purchases, DCA minimizes the emotional stress of market fluctuations and ensures steady accumulation over time.

I also appreciate the emphasis on having a clear profit-oriented goal. Setting a 10-year horizon gives your investment enough time to potentially grow significantly, especially given Bitcoin's historical performance and increasing adoption. The idea of evaluating the profits at the final stage makes perfect sense—it’s a crucial step to measure success and refine future strategies.

With this approach, you’re not just investing; you’re creating a well-structured plan that aligns with your financial capacity and targets. It’s practical, thoughtful, and most importantly, sustainable. Patience and consistency truly are key here!"

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
SuperBitMan
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December 29, 2024, 08:40:44 AM
 #2632

"Why Buying and Holding Bitcoin Makes Sense: A Long-Term Perspective"

Bitcoin has proven to be one of the most revolutionary financial innovations in history. Here’s why buying and holding Bitcoin isn’t just a strategy—it’s a smart move:

1. Bitcoin’s Performance Over the Years
Bitcoin has consistently outperformed traditional assets like stocks and gold over the past decade.
📈 Historical Proof:

In 2013, Bitcoin was worth around $100. Today, it's trading above $94,000 (as of Dec 2024). That’s an increase of over 94,000% in just 11 years.
Even during market corrections, Bitcoin has recovered and reached new highs after every major dip.
2. Limited Supply Drives Value
Bitcoin's supply is capped at 21 million coins, creating scarcity similar to gold.

Proof of Scarcity: Over 19.5 million BTC have already been mined, and the final Bitcoin won’t be mined until 2140. This limited supply, combined with increasing global demand, ensures upward pressure on prices over time.
3. Institutional Adoption
Major financial players are entering the Bitcoin space, signaling confidence in its long-term value.

Proof: Companies like BlackRock, Fidelity, and MicroStrategy have heavily invested in Bitcoin. BlackRock’s Bitcoin ETF approval in 2024 has further legitimized it as a mainstream asset.
Even countries like El Salvador have adopted Bitcoin as legal tender.
4. HODLers Win the Long Game
Bitcoin rewards those who hold through market cycles.

Proof: According to on-chain data from Glassnode, wallets that hold Bitcoin for 3+ years (long-term HODLers) consistently see significant gains.
Example: Those who bought Bitcoin during the 2018 crash at $3,000 and held are now sitting on a 30x return.
5. Halving Cycles Boost Price
Bitcoin’s halving events (every 4 years) reduce the supply of new coins, often leading to price surges.

Proof:
After the 2020 halving, Bitcoin rose from $9,000 to an all-time high of $69,000 in 2021.
The next halving in 2024 is expected to create another supply shock, driving prices higher.
6. Global Hedge Against Inflation
With central banks printing money, fiat currencies are losing value. Bitcoin’s deflationary model makes it a powerful hedge against inflation.

Proof: Bitcoin adoption in countries with unstable currencies (e.g., Venezuela, Turkey) shows its role as a store of value.
Final Thought
Bitcoin isn’t just an investment; it’s a revolution. History has shown that those who buy and hold Bitcoin reap the rewards of its long-term growth. As billionaire investor Paul Tudor Jones once said, "Bitcoin is a great speculation... the best inflation hedge in the financial world today."

Now is the time to embrace this financial evolution. Don’t just watch history happen—be part of it. 🚀

Are these your own words, @Megaboss12?  

On the surface, since are a newbie, it appears to me that you are citing from somewhere else, yet failing to give proper attributions, which also could be considered plagiarism, which is against forum rules... and surely, even if it is your own words, you probably should be clarifying that these are your own words, if they were to be your own words.

Another possibility is that AI wrote your post, since why would any real newbie member write a post like yours when other members hardly even know you?

Maybe some member can run a check on this post to see if it is taken from somewhere else or if it might be written by artificial intelligence rather than being with Megaboss12's actual creation of words?


Relatedly:  your earlier post (cited below)  @Megaboss12 also has a similar issue in terms of questionable attribution, in which the whole text of your post is quoted, which is confusing at best.

Did you write this earlier post yourself or are you quoting some other member?  or some other person outside of the forum or did you have AI write your post?

As a new forum member, you should be trying to post like a human rather than a bot... if you happen to be a human rather than a bot.

You are right sir JJG, this is clearly plagiarism or AI post, as a newbie into the forum there are some rules and regulations we fellow in this forum and you also need to follow them and plagiarism and AI post is not allowed in this forum, as a newbie what you would have done is go through the forum find some details before posting however I will do you a favor by giving you a thread where you can read the forums guild lines.
Unofficial list of (official) asktom.cf rules, guidelines, FAQ

I will also advise you to always be on this board Beginners & Help you can ask some questions there and get a good answers or if you search very well on that board you will see similar questions you may what to ask that has been answered very well.
Good luck.

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As-Soon-As
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December 29, 2024, 09:37:06 AM
 #2633

And if I may ask @JJG how much Bitcoin do you think or feel an investor should accumulate in less than a year. However, how people are able to accumulate enough Bitcoin shouldn't dismay you because there are people who are stinkingly rich and this kind of people accumulating enough Bitcoin in their portfolio wouldn't be a problem or big deal to them regardless of the market price and I want to believe some of them don't usually use the DCA but rather the lump sum and their 3 - 4 times lump sum can be some investor's 4-6 years of DCAing if not more.
When it comes to investing, there is no set rule as to how much bitcoin you should accumulate in a year. For investing in Bitcoin some people buy large amounts of Bitcoins while others buy small amounts of Bitcoins. So it is clear that those who regularly buy large amount of bitcoins will grow their investment portfolio very quickly in a short period of time and those who regularly buy small amount of bitcoins will grow their investment portfolio slowly and their investment portfolio will take longer to grow.

If we look at MicroStrategy's investment strategy, it can be seen that they are currently buying Bitcoin at a very fast pace. They have purchased a large amount of Bitcoins in the last two months which has resulted in their investment portfolio growing very rapidly in a short span of time.

No matter how big the Bitcoin investment is, we only need to keep in mind that holding Bitcoin in the future days, institutions or individuals who are there will mainly depend on holding Bitcoin for their investment. Some investors who are there mainly hold it for a short time. I think such a move is wrong, because if that person increases the duration of his investment, then I think his Bitcoin benefit will definitely increase several times.
Among them, the microstrategy company is playing one of the roles, because the duration of their investment will depend on them for the next few years. They have invested the most Bitcoin in these two months, November and December, but in these two months they have bought the DCA method and deep.

Ricardo11
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December 29, 2024, 09:54:13 AM
 #2634

And if I may ask @JJG how much Bitcoin do you think or feel an investor should accumulate in less than a year. However, how people are able to accumulate enough Bitcoin shouldn't dismay you because there are people who are stinkingly rich and this kind of people accumulating enough Bitcoin in their portfolio wouldn't be a problem or big deal to them regardless of the market price and I want to believe some of them don't usually use the DCA but rather the lump sum and their 3 - 4 times lump sum can be some investor's 4-6 years of DCAing if not more.
When it comes to investing, there is no set rule as to how much bitcoin you should accumulate in a year. For investing in Bitcoin some people buy large amounts of Bitcoins while others buy small amounts of Bitcoins. So it is clear that those who regularly buy large amount of bitcoins will grow their investment portfolio very quickly in a short period of time and those who regularly buy small amount of bitcoins will grow their investment portfolio slowly and their investment portfolio will take longer to grow.

If we look at MicroStrategy's investment strategy, it can be seen that they are currently buying Bitcoin at a very fast pace. They have purchased a large amount of Bitcoins in the last two months which has resulted in their investment portfolio growing very rapidly in a short span of time.

No matter how big the Bitcoin investment is, we only need to keep in mind that holding Bitcoin in the future days, institutions or individuals who are there will mainly depend on holding Bitcoin for their investment. Some investors who are there mainly hold it for a short time. I think such a move is wrong, because if that person increases the duration of his investment, then I think his Bitcoin benefit will definitely increase several times.
Among them, the microstrategy company is playing one of the roles, because the duration of their investment will depend on them for the next few years. They have invested the most Bitcoin in these two months, November and December, but in these two months they have bought the DCA method and deep.

In fact, Bitcoin is a currency with long-term potential. No matter how volatile Bitcoin may be in the short term, this volatility will never be long-term, a Bitcoin investor should only believe in the positive future of Bitcoin, and hold it for the long term, only then will he have the opportunity to make a very good profit.
Because Bitcoin has always proven to us that Bitcoin is valuable in the long term. And this is why Bitcoin has now been able to create an ATH record of $108K, and Bitcoin will not stop here, it will continue to be more valuable in the future. For example, Michael Saylor always prioritizes buying Bitcoin and he is still buying Bitcoin, and he believes that Bitcoin will surpass $1M in the future.
So everyone should hold Bitcoin, the future of Bitcoin is bright.

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December 29, 2024, 11:18:08 AM
 #2635

And if I may ask @JJG how much Bitcoin do you think or feel an investor should accumulate in less than a year. However, how people are able to accumulate enough Bitcoin shouldn't dismay you because there are people who are stinkingly rich and this kind of people accumulating enough Bitcoin in their portfolio wouldn't be a problem or big deal to them regardless of the market price and I want to believe some of them don't usually use the DCA but rather the lump sum and their 3 - 4 times lump sum can be some investor's 4-6 years of DCAing if not more.
When it comes to investing, there is no set rule as to how much bitcoin you should accumulate in a year. For investing in Bitcoin some people buy large amounts of Bitcoins while others buy small amounts of Bitcoins. So it is clear that those who regularly buy large amount of bitcoins will grow their investment portfolio very quickly in a short period of time and those who regularly buy small amount of bitcoins will grow their investment portfolio slowly and their investment portfolio will take longer to grow.

If we look at MicroStrategy's investment strategy, it can be seen that they are currently buying Bitcoin at a very fast pace. They have purchased a large amount of Bitcoins in the last two months which has resulted in their investment portfolio growing very rapidly in a short span of time.

No matter how big the Bitcoin investment is, we only need to keep in mind that holding Bitcoin in the future days, institutions or individuals who are there will mainly depend on holding Bitcoin for their investment. Some investors who are there mainly hold it for a short time. I think such a move is wrong, because if that person increases the duration of his investment, then I think his Bitcoin benefit will definitely increase several times.
Among them, the microstrategy company is playing one of the roles, because the duration of their investment will depend on them for the next few years. They have invested the most Bitcoin in these two months, November and December, but in these two months they have bought the DCA method and deep.


The holding may look small in your portfolio in the bearish season, but do everything possible in your capacity to hold the Bitcoin for long term before you will dream on how to release them for sale and it will help you to make a huge income from Bitcoin. Have you come to ask yourself why some big men and poor men wish to hold Bitcoin in the bearish season, because they know that is the best season to use Dollars to purchase some huge amount of Bitcoins that will allow them to boost their income when the bullish season appear in the market.  I don't think, those that have the skills of Bitcoin holding will use this month of December to accumulate Bitcoin, because the price of Bitcoin is still high for majority of investors to purchase Bitcoin than to wait for the bearish season investors are waiting to come before they can purchase and hold Bitcoin for another bullish season. Well, using the method of DCA to accumulate Bitcoin is very good to those investors that have other sources of income, because you need to have what will be sustaining you in the bearish season not to sell your Bitcoin than to wait for your target to happen in the bullish season before you can sell to take a double income.
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December 29, 2024, 12:08:10 PM
 #2636

"Why Buying and Holding Bitcoin Makes Sense: A Long-Term Perspective"

Bitcoin has proven to be one of the most revolutionary financial innovations in history. Here’s why buying and holding Bitcoin isn’t just a strategy—it’s a smart move:

1. Bitcoin’s Performance Over the Years
Bitcoin has consistently outperformed traditional assets like stocks and gold over the past decade.
📈 Historical Proof:

In 2013, Bitcoin was worth around $100. Today, it's trading above $94,000 (as of Dec 2024). That’s an increase of over 94,000% in just 11 years.
Even during market corrections, Bitcoin has recovered and reached new highs after every major dip.
2. Limited Supply Drives Value
Bitcoin's supply is capped at 21 million coins, creating scarcity similar to gold.

Proof of Scarcity: Over 19.5 million BTC have already been mined, and the final Bitcoin won’t be mined until 2140. This limited supply, combined with increasing global demand, ensures upward pressure on prices over time.
3. Institutional Adoption
Major financial players are entering the Bitcoin space, signaling confidence in its long-term value.

Proof: Companies like BlackRock, Fidelity, and MicroStrategy have heavily invested in Bitcoin. BlackRock’s Bitcoin ETF approval in 2024 has further legitimized it as a mainstream asset.
Even countries like El Salvador have adopted Bitcoin as legal tender.
4. HODLers Win the Long Game
Bitcoin rewards those who hold through market cycles.

Proof: According to on-chain data from Glassnode, wallets that hold Bitcoin for 3+ years (long-term HODLers) consistently see significant gains.
Example: Those who bought Bitcoin during the 2018 crash at $3,000 and held are now sitting on a 30x return.
5. Halving Cycles Boost Price
Bitcoin’s halving events (every 4 years) reduce the supply of new coins, often leading to price surges.

Proof:
After the 2020 halving, Bitcoin rose from $9,000 to an all-time high of $69,000 in 2021.
The next halving in 2024 is expected to create another supply shock, driving prices higher.
6. Global Hedge Against Inflation
With central banks printing money, fiat currencies are losing value. Bitcoin’s deflationary model makes it a powerful hedge against inflation.

Proof: Bitcoin adoption in countries with unstable currencies (e.g., Venezuela, Turkey) shows its role as a store of value.
Final Thought
Bitcoin isn’t just an investment; it’s a revolution. History has shown that those who buy and hold Bitcoin reap the rewards of its long-term growth. As billionaire investor Paul Tudor Jones once said, "Bitcoin is a great speculation... the best inflation hedge in the financial world today."

Now is the time to embrace this financial evolution. Don’t just watch history happen—be part of it. 🚀

Are these your own words, @Megaboss12?  

On the surface, since are a newbie, it appears to me that you are citing from somewhere else, yet failing to give proper attributions, which also could be considered plagiarism, which is against forum rules... and surely, even if it is your own words, you probably should be clarifying that these are your own words, if they were to be your own words.

Another possibility is that AI wrote your post, since why would any real newbie member write a post like yours when other members hardly even know you?

Maybe some member can run a check on this post to see if it is taken from somewhere else or if it might be written by artificial intelligence rather than being with Megaboss12's actual creation of words?


Relatedly:  your earlier post (cited below)  @Megaboss12 also has a similar issue in terms of questionable attribution, in which the whole text of your post is quoted, which is confusing at best.

Did you write this earlier post yourself or are you quoting some other member?  or some other person outside of the forum or did you have AI write your post?

As a new forum member, you should be trying to post like a human rather than a bot... if you happen to be a human rather than a bot.

You are really making sense here, their is a saying in my country which say; slow progress is a progress, as long as you don't stop.
So the most important thing here is consistency, especially when you don't have the capacity to buy in bulk like microstrategy did.
And the DCA accumulating strategy is the best way to follow, because you will have to be buying weekly or monthly according to how much you can afford to do away without for a very long time, without tempering with it.
But we should not forget that the key thing there is consistency, without that nothing great can be achieved.
Investing requires confidence, patience, consistency in buying, and also having income every month or every week.
If that is complete we can arrange the purchases we will make with various strategies, and in general DCA is easier to understand so we prefer to invest in bitcoin with the DCA strategy.

And also a target is needed in the investment we make. We invest of course the big target is profit without profit we are unlikely to be interested in investing. Yes, that's a reasonable problem, I mean if we target an initial investment of around 10 years with regular purchases with DCA then when we reach the final stage we will calculate the profit we get.
"Your perspective is spot on! Investing in Bitcoin with a DCA strategy is indeed a practical and disciplined approach. The combination of confidence, patience, and consistent income lays the foundation for successful long-term investing. By breaking down investments into smaller, regular purchases, DCA minimizes the emotional stress of market fluctuations and ensures steady accumulation over time.

I also appreciate the emphasis on having a clear profit-oriented goal. Setting a 10-year horizon gives your investment enough time to potentially grow significantly, especially given Bitcoin's historical performance and increasing adoption. The idea of evaluating the profits at the final stage makes perfect sense—it’s a crucial step to measure success and refine future strategies.

With this approach, you’re not just investing; you’re creating a well-structured plan that aligns with your financial capacity and targets. It’s practical, thoughtful, and most importantly, sustainable. Patience and consistency truly are key here!"

I totally understand what you're saying ... I join this forum some  few months ago and I barely understood the discussions as much as I wanted to.... So I kept myself away from a while, engaged in intense researches. My post are a reflection of the information I got from my numerous researches. I post them here so an expert could authenticate how accurate they are before I flow with them. They may sound more AI as AI also assist in my researches, But they're actually my words... I hope to learn more from this platform... Any well meaning assistance will be appreciated.
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December 29, 2024, 12:38:58 PM
 #2637

"Why Buying and Holding Bitcoin Makes Sense: A Long-Term Perspective"

Bitcoin has proven to be one of the most revolutionary financial innovations in history. Here’s why buying and holding Bitcoin isn’t just a strategy—it’s a smart move:

1. Bitcoin’s Performance Over the Years
Bitcoin has consistently outperformed traditional assets like stocks and gold over the past decade.
📈 Historical Proof:

In 2013, Bitcoin was worth around $100. Today, it's trading above $94,000 (as of Dec 2024). That’s an increase of over 94,000% in just 11 years.
Even during market corrections, Bitcoin has recovered and reached new highs after every major dip.
2. Limited Supply Drives Value
Bitcoin's supply is capped at 21 million coins, creating scarcity similar to gold.

Proof of Scarcity: Over 19.5 million BTC have already been mined, and the final Bitcoin won’t be mined until 2140. This limited supply, combined with increasing global demand, ensures upward pressure on prices over time.
3. Institutional Adoption
Major financial players are entering the Bitcoin space, signaling confidence in its long-term value.

Proof: Companies like BlackRock, Fidelity, and MicroStrategy have heavily invested in Bitcoin. BlackRock’s Bitcoin ETF approval in 2024 has further legitimized it as a mainstream asset.
Even countries like El Salvador have adopted Bitcoin as legal tender.
4. HODLers Win the Long Game
Bitcoin rewards those who hold through market cycles.

Proof: According to on-chain data from Glassnode, wallets that hold Bitcoin for 3+ years (long-term HODLers) consistently see significant gains.
Example: Those who bought Bitcoin during the 2018 crash at $3,000 and held are now sitting on a 30x return.
5. Halving Cycles Boost Price
Bitcoin’s halving events (every 4 years) reduce the supply of new coins, often leading to price surges.

Proof:
After the 2020 halving, Bitcoin rose from $9,000 to an all-time high of $69,000 in 2021.
The next halving in 2024 is expected to create another supply shock, driving prices higher.
6. Global Hedge Against Inflation
With central banks printing money, fiat currencies are losing value. Bitcoin’s deflationary model makes it a powerful hedge against inflation.

Proof: Bitcoin adoption in countries with unstable currencies (e.g., Venezuela, Turkey) shows its role as a store of value.
Final Thought
Bitcoin isn’t just an investment; it’s a revolution. History has shown that those who buy and hold Bitcoin reap the rewards of its long-term growth. As billionaire investor Paul Tudor Jones once said, "Bitcoin is a great speculation... the best inflation hedge in the financial world today."

Now is the time to embrace this financial evolution. Don’t just watch history happen—be part of it. 🚀

Are these your own words, @Megaboss12?  

On the surface, since are a newbie, it appears to me that you are citing from somewhere else, yet failing to give proper attributions, which also could be considered plagiarism, which is against forum rules... and surely, even if it is your own words, you probably should be clarifying that these are your own words, if they were to be your own words.

Another possibility is that AI wrote your post, since why would any real newbie member write a post like yours when other members hardly even know you?

Maybe some member can run a check on this post to see if it is taken from somewhere else or if it might be written by artificial intelligence rather than being with Megaboss12's actual creation of words?


Relatedly:  your earlier post (cited below)  @Megaboss12 also has a similar issue in terms of questionable attribution, in which the whole text of your post is quoted, which is confusing at best.

Did you write this earlier post yourself or are you quoting some other member?  or some other person outside of the forum or did you have AI write your post?

As a new forum member, you should be trying to post like a human rather than a bot... if you happen to be a human rather than a bot.

You are right sir JJG, this is clearly plagiarism or AI post, as a newbie into the forum there are some rules and regulations we fellow in this forum and you also need to follow them and plagiarism and AI post is not allowed in this forum, as a newbie what you would have done is go through the forum find some details before posting however I will do you a favor by giving you a thread where you can read the forums guild lines.
Unofficial list of (official) asktom.cf rules, guidelines, FAQ

I will also advise you to always be on this board Beginners & Help you can ask some questions there and get a good answers or if you search very well on that board you will see similar questions you may what to ask that has been answered very well.
Good luck.



Thaank you very much boss... Much appreciated!
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December 29, 2024, 02:18:01 PM
Merited by JayJuanGee (1)
 #2638

I totally understand what you're saying ... I join this forum some  few months ago and I barely understood the discussions as much as I wanted to.... So I kept myself away from a while, engaged in intense researches. My post are a reflection of the information I got from my numerous researches. I post them here so an expert could authenticate how accurate they are before I flow with them. They may sound more AI as AI also assist in my researches, But they're actually my words... I hope to learn more from this platform... Any well meaning assistance will be appreciated.
AI post is prohibited I guess you’re aware of this information if not you’re taking a wrong step seeking assistance from AI. Make your research here I’m sure this thread is another good one you can educate yourself gradually without writing a lengthy information gotten from another source. I read every detail and it’s quite simple discovering the source of your information as JayJuanGee did, well for a newbie you just need the basic information before starting an investment although this education is important no doubt.

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December 29, 2024, 03:49:06 PM
 #2639

I totally understand what you're saying ... I join this forum some  few months ago and I barely understood the discussions as much as I wanted to.... So I kept myself away from a while, engaged in intense researches. My post are a reflection of the information I got from my numerous researches. I post them here so an expert could authenticate how accurate they are before I flow with them. They may sound more AI as AI also assist in my researches, But they're actually my words... I hope to learn more from this platform... Any well meaning assistance will be appreciated.

I understand that in some cases there are people who may not understand English but since you can speak it shouldn't have been a problem for you to understand what people are saying even reading it again because if you don't understand what people are saying is it the AI you will understand? and besides like @Miles2006 mentioned the use of AI is prohibited, however to further refresh your knowledge about this thread, just like is stated Buy Buy or Sell Sell, is a two words that means different things and the buy is very important because it defined your desire to hold, so if you are ready Bitcoin is also ready for you to have it.

 
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December 29, 2024, 05:46:34 PM
 #2640

You are really making sense here, their is a saying in my country which say; slow progress is a progress, as long as you don't stop.
So the most important thing here is consistency, especially when you don't have the capacity to buy in bulk like microstrategy did.
And the DCA accumulating strategy is the best way to follow, because you will have to be buying weekly or monthly according to how much you can afford to do away without for a very long time, without tempering with it.
But we should not forget that the key thing there is consistency, without that nothing great can be achieved.
Investing requires confidence, patience, consistency in buying, and also having income every month or every week.
If that is complete we can arrange the purchases we will make with various strategies, and in general DCA is easier to understand so we prefer to invest in bitcoin with the DCA strategy.

And also a target is needed in the investment we make. We invest of course the big target is profit without profit we are unlikely to be interested in investing. Yes, that's a reasonable problem, I mean if we target an initial investment of around 10 years with regular purchases with DCA then when we reach the final stage we will calculate the profit we get.
I also appreciate the emphasis on having a clear profit-oriented goal.
If you are investing in Bitcoin and your focus is on profit from day one, I'm afraid you will sell your Bitcoin earlier than you had planned because Bitcoin has the potential of giving profits that if you are not determined to hold, you will sell. In other words, having a profit-oriented goal from day one  has this way of affecting your psychology and make you focus on quick profits which is very a dangerous way to go about Bitcoin investment.

For sure this is a good point Odohu.  There is nothing wrong with having some hope that your BTC holdings would be in profits rather than not being in profits, yet profit levels should be known to have likely uncertainties in the first whole cycle, and perhaps even longer than a whole cycle.

With bitcoin, many of us are likely coming into it with an expectation that the longer term price slope is likely inclined upwards, yet in the short term we cannot have very much certainty in regards to its slope, and we are not even guaranteed that a long term investment into bitcoin will end up being profitable. .and even that bitcoin has chances of going down rather than up and even some chances of completely going to zero, even though the "going to zero" thesis is not a very likely scenario, it still has non-zero odds of happening.

So yeah, if our choice to invest into bitcoin is for 4-10 years or longer, then we likely can recognize and appreciate that bitcoin is an asymmetric bet to the upside, and perhaps even one of the best investments currently available to a broad swath of people across the globe.  Asymmetric bet means that as long as we do not employ leverage, then the most that we can lose is 100% of your investment amount, yet there are a variety of scenarios in which we may well be able to profit quite well from having an investment timeline perspective that is 4-10 years or longer.

Setting a 10-year horizon gives your investment enough time to potentially grow significantly, especially given Bitcoin's historical performance and increasing adoption. The idea of evaluating the profits at the final stage makes perfect sense—it’s a crucial step to measure success and refine future strategies.

With this approach, you’re not just investing; you’re creating a well-structured plan that aligns with your financial capacity and targets. It’s practical, thoughtful, and most importantly, sustainable. Patience and consistency truly are key here!"
Now we are back on the same page because investment in Bitcoin requires time to grow and although it must not be 10 years but anywhere from 4 to 10years is just perfect. I think I first saw this range from JayJuanGee and I think it is smart because within that range, we would have seen a complete market cycle for Bitcoin based on the available data.

It is strange that you proclaim 4-10 years as "perfect" or mentioning that I had made such a statement.

Surely some of the arguments that I make about bitcoin are semantic and other arguments that I make are attempts at being substantive and providing best practice kinds of guidelines, yet in the end each of us needs to figure out how to tailor his investment into bitcoin towards his own financial and psychological circumstances (if he so chooses to invest into bitcoin rather than to try to trade it or if he so chooses to even get involved in bitcoin).

Surely I frequently mention 4-10 years or more as an approach to bitcoin investing, and over the years, I have come to the perspective to try to assert that any timeframe that is less than 4 years is trading rather than investing, which surely is risky, and individuals are free to choose to trade bitcoin rather than invest into it, yet to me it seems problematic to be trying to trade bitcoin rather than invest into bitcoin, even though surely some folks might be  in circumstances in which trading rather than investing might make sense for their own circumstances (or preferences, or maybe even their inabilities to control their desires to gamble).  

In regards to bitcoin I also consider 4-10 years as a short-term investment that should ONLY be falling within that time line if a person has age and/or health considerations that may cause him to NOT be able to invest into bitcoin for longer periods, such as more than 10 years.

I consider 10+ years to be long term investment, and surely many of us who are new to bitcoin and new to investing would probably need at least 10 years to really be able to build up our bitcoin investment, unless we are somehow able to front load our bitcoin investment due to our own fortunate situation that might have resulted from our getting access to an inheritance or winning the lottery or some other reason that we have access to wealth and are able to front load our bitcoin investment, which surely also could be as a result of our landing a high paying job or perhaps otherwise being successful in some kind of a business deal.

I am of the perspective that even having a timeline of more than 4 years could be a trading rather than an investment perspective if the person is just figuring how to attempt to make dollar profits in bitcoin rather than being limited in his timeline by some kind of a health or age consideration.  So yeah, surely there could well be a decent number of people who are looking to make fiat gainz in  bitcoin in a 4-10 year timeline so that they can cash out most if not all of their BTC in order to buy their own personal residence or to make some other investment, and I probably would consider those kinds of motivations in terms of treating bitcoin as a trade rather than an investment, even though surely people can do whatever, they like, yet to me, I consider bitcoin to be such a great long term play that it does not seem to be a good idea to be diverting value into other avenues or projects, except perhaps if there can be ways to determine that there may be investments into oneself that would have good chances of increasing their abilities to earn more money in better ways than keeping the money in bitcoin.  

And surely these are discretionary decisions that might not really be clear from the outset, since truly I already appreciate that there could be circumstances in which some young people need to invest into their own education, job skill building and even experience building in order that they might be able to increase their chances of landing higher paying jobs that may well later allow them to be able to invest into bitcoin, even though surely it could take a young person 2-10 years just to build up job skills and to then be qualified to receive the higher paying jobs, which surely an example would be that in the west (at least in the USA) medical doctors tend to get paid good salaries, yet they may well need to involve themselves in 10 or more years worth of schooling, training and experiences in order to be able to land some of the higher paying doctor jobs, so it can be difficult to dissuade some folks from their concluding that it is in their better interest to figure out ways to build their job skills to be able to land such jobs, and there also can be feelings of self-fulfillment in some kinds of career paths, too.. .which may or may not be able to invest into bitcoin while also pursuing some of those job skill buildings.

[edited out]
In fact, Bitcoin is a currency with long-term potential. No matter how volatile Bitcoin may be in the short term, this volatility will never be long-term, a Bitcoin investor should only believe in the positive future of Bitcoin, and hold it for the long term, only then will he have the opportunity to make a very good profit.
Because Bitcoin has always proven to us that Bitcoin is valuable in the long term. And this is why Bitcoin has now been able to create an ATH record of $108K, and Bitcoin will not stop here, it will continue to be more valuable in the future. For example, Michael Saylor always prioritizes buying Bitcoin and he is still buying Bitcoin, and he believes that Bitcoin will surpass $1M in the future.
So everyone should hold Bitcoin, the future of Bitcoin is bright.

Personally, I think that you (Ricardo11) are trying to say that in the long term, bitcoin's volatility tends to be towards the upside, and so even if there is short-term volatility in bitcoin, in the long term the volatility tends to trend upwardly.

I doubt that it is accurate to suggest that bitcoin's volatility is going to go away any time in the near future, even in the next 4-8 years or longer.  I expect that one of the greatest inevitabilities of bitcoin is that it is going to continue to be volatile, and we cannot even know which direction, except to hope that bitcoin's volatility continues to trend towards the upside - even though it is not guaranteed to trend upwards, there are a lot of aspects of bitcoin's design including its ongoing network growth, within the parameters pointed out by Trace Mayer, that continues to show that bitcoin's investment thesis is likely getting stronger rather than weaker, even though the upside and the downside is not likely as great as it has historically been, bitcoin still remains amongst the best (if not the best) of investments that is currently wide-spreadedly available across the globe to everyone no matter wealth level (even though it surely helps, and it is likely a requisite to be able to have some discretionary  income in order to be able to actually invest into bitcoin for 4-10 years or longer).

[edited out]
The holding may look small in your portfolio in the bearish season, but do everything possible in your capacity to hold the Bitcoin for long term before you will dream on how to release them for sale and it will help you to make a huge income from Bitcoin. Have you come to ask yourself why some big men and poor men wish to hold Bitcoin in the bearish season, because they know that is the best season to use Dollars to purchase some huge amount of Bitcoins that will allow them to boost their income when the bullish season appear in the market. 

Surely you seem to be talking about trading rather than investing, and so you seem to believe that the value in holding bitcoin in the dips, and perhaps even buying some more bitcoin during the dips is so that you can sell when the BTC price goes up.  surely a short-term trading mentality rather than really thinking through the advantages of long term holding and accumulating of bitcoin whether in dips or not.  

Surely the more BTC that a person accumulates, then the more luxury that he might have to wait for dips rather than just ongoingly buying bitcoin.

Since you have been registered on the forum for more than 7 years, it surely is possible that you should have had been able to accumulate a decent amount of BTC by now, especially if you had been persistent in buying BTC rather than fucking around trying to trade it.

Even at an investment of a mere $100 per week, if you had started investing that amount when you registered on the forum you would have invested right around $38.3k, and you would have had accumulated nearly 3 BTC, which surely would not be a bad place to be.  You can adjust the amount based on whatever your actual personal budget might be, yet a more than 7 year timeline in bitcoin can truly put guys in decently good places even if they might screw up some things as long as they mostly stay focused on accumulation through buying rather than fucking around with selling their BTC.  Hopefully whatever fucking around with trading that you have been doing has not caused you to underperform a largely straight-forward DCA approach to bitcoin.

I don't think, those that have the skills of Bitcoin holding will use this month of December to accumulate Bitcoin, because the price of Bitcoin is still high for majority of investors to purchase Bitcoin than to wait for the bearish season investors are waiting to come before they can purchase and hold Bitcoin for another bullish season.

Holy shit!!!  

Do you really believe the bullshit that you are spouting out?  You were addressing your post to forum member @As-Soon-As who has not even been registered on the forum for a year and a half, and you seem to be proclaiming that "smart money is not buying bitcoin at these prices" and that waiting is a better strategy than ongoing buying. You should know that there are a lot of similar members as @As-Soon-As who have less than a whole bitcoin cycle accumulating bitcoin, and are you thinking that newbies should be trading rather than focusing on ongoingly accumulating bitcoin?

Since supposedly you have been in bitcoin for more than 7 years, you should realize by now, @Sebas.tian, that an overwhelming majority of the world's population does not have any BTC or does not have even close to enough BTC, even if they had bought some.  Sure there are some folks who have been buying bitcoin aggressively, yet I have my doubts that @As-Soon-As would fit into such a category of either sufficient or overaccummulation that would justify his slowing down his ongoing, persistent, consistent and perhaps even aggressive accumulation of bitcoin.

It seems to me when it comes to bitcoin investment, waiting is not a good strategy unless you have already reached a decently high level of BTC accumulation, which surely, I am not going to presume other members to have had reached such status, unless they describe their circumstances in such a way, and it is even more difficult to presume someone with less than a whole cycle of BTc accumulation to have had reached such overaccumulation status, unless they specifically say that they have reached such status.

Well, using the method of DCA to accumulate Bitcoin is very good to those investors that have other sources of income, because you need to have what will be sustaining you in the bearish season not to sell your Bitcoin than to wait for your target to happen in the bullish season before you can sell to take a double income.

You come off as retarded.

We have one of the best, if not the best assets known to mankind, namely bitcoin, and you want to try to trade it?  and you are recommending that guys try to trade it?

Again go back to my above example.  Have you personally been able to outperform a somewhat straight-forward ongoing, persistent and consistent BTC accumulation strategy?  And, even if have had gotten lucky in some of your past trades, do you really consider that trading is a good approach to bitcoin?  I have my doubts that trading is good for very many folks, even if you might have had been one of the ONLY ones who actually had been able to beat a straight-forward BTC accumulation strategy, especially in the last 7.5 years-ish.

[edited out]
I totally understand what you're saying ... I join this forum some  few months ago and I barely understood the discussions as much as I wanted to.... So I kept myself away from a while, engaged in intense researches. My post are a reflection of the information I got from my numerous researches. I post them here so an expert could authenticate how accurate they are before I flow with them. They may sound more AI as AI also assist in my researches, But they're actually my words... I hope to learn more from this platform... Any well meaning assistance will be appreciated.

Even if it is not completely against the forum rules to use AI to assist you in drafting posts, it would be against the rules to be submitting AI posts and not really producing your own ideas, and sure if you are trying to camouflage AI as if such posts and contents were your own, then surely, I cannot see how that is going to really help you out since forum members don't  like reading nonsensical jibberish, even if you might have vetted decent amounts of that information.

I would recommend that you try to post in more authentic ways about your own experiences, and perhaps attempt to ask, more questions and to interact with other forum members rather than fucking around trying to lecture us in your posts, especially as a relative newbie to the forum.  I would think that as a newbie to the forum, you probably should be trying to ask more questions from other forum members and reading what other forum members are saying rather than lecturing us in ways that don't even seem to be your own ideas or from your own experiences.

Frequently, newbies to the forum will not have as many bitcoin related experiences, yet they still likely have various life experiences and opinions and even perhaps desires to gain more forum experiences, and surely there are some forum members who want to build some forum rank so that they can join a signature campaign and receive income from their posts, yet it seems to me that you would be more likely to have success joining a signature campaign or even gaining forum credibility by trying to figure out ways to learn about bitcoin and to interact with bitcoin topics, even if you might not have a lot of money in order to actually buy bitcoin.. perhaps some guys only have $10 per week or some other modest amount, and they may have to spend several months on the forum and interacting in relatively meaningful ways (rather than using bots or plagiarizing) before they might get accepted to a signature campaign.  You are way less likely to even have a chance of getting onto a signature campaign if forum  members are accusing you of plagiarizing and/or using bots to draft your posts.

Sure, you may well have a lot of good ideas, yet since we have a conversational and interactive kind of a forum, you probably should try to show that you are a regular guy rather than spouting out lecturing kind of information posts that may or may not make a whole lot of sense.  Surely, you could practice with both long and short-form posts, yet it seems way better to both allow other forum members to get to know you, and also to try to be more relatable, otherwise you are just going to start getting red-tags or other kinds of negative trust, even if you are ONLY using AI as a way to help you.

If you kind of suck with English, then surely you will improve your English more if you are mostly drafting your own posts rather than having AI draft your post and then you editing the drafts.. and in the end, you have to choose for yourself if you really are being helpful when you lecture rather than interact about topics.

By the way, there are also forum members who start threads about certain areas in which they want to focus discussion, and sure maybe you could have AI help you with some of those kinds of posts, yet it still seems to me that you should be trying to build on areas of your own interest and trying to make your posts come off more like a human rather than a bot, even though surely it is understandable that more and more folks are using bots to produce and synthesize information.. which could be helpful on some levels, even though you should probably try to provide us with more experiential substance that does not appear like you are just throwing a bunch of information at us that you barely even seem to understand yourself, just to look smart.

I have a friend who produces this kind of AI assisted content in our real life interactions, and I find it to be quite annoying to have to wade through such jibberish that does not even help me to better understand that friend's way of thinking or ideas that the friend has on the communicated topics.

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