Buy Buy Buy or Sell Sell Sell?

[Shadiq]

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Mental preparation for Bitcoin investment is just an excuse. If you are financially ready for Bitcoin investment and have basic knowledge, then you can invest without hesitation. If you are planning to invest in Bitcoin, it means that you are planning to invest after knowing Bitcoin. So what kind of mental preparation do you need? You should clarify your position about investment at the beginning. If you are negative about Bitcoin, then I would advise you to listen to an experienced Bitcoiner. If you are positive about investment and have basic knowledge like buying Bitcoin, then you should feel free to start investing.

Only three things are needed to start investing 1. Prudence/alternative income source, 2. Basic knowledge and 3. Long-term planning. If you can ensure these three things, then I think you are absolutely ready for investment. You can start investing without any delay. To sustain your investment in the long term, you need to gain knowledge later, which is definitely after you start investing, and you should not delay investing for this knowledge. If you delay investing to learn more beyond basic knowledge, you are making a mistake and missing out on buying opportunities.

[sotelorene]

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Delays are not dangerous, it's the ignorance and greed that are, in my opinion.
Nothing wrong with buying Bitcoin later - even if the price would differ, if you would apply hodling it appropriately, everything would still be fine.

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready. Because if the price of bitcoin is very high at the point when you want to invest in bitcoin, you will see it like you have missed out on bitcoin, and it will likely make you not to invest in bitcoin again. Since you cannot possibly buy the quantity of bitcoin you want to hold for the long term at once, it would be better for you to kick-start your bitcoin investment now so that you can start the journey of accumulating the quantity of bitcoin you want to hold for the long term.

The price of Bitcoin can never be too high to the point that it will make someone not to invest because if you check the value or price of Bitcoin some years back you will see there's so much difference between then and now and yet people are still investing it do you know why because as the price of Bitcoin is changing or increase so is some human being increasing and changing (financially and others) so there's no level Bitcoin will reach that people will not or can not invest in so long as the DCA method still exist and secondly the price of Bitcoin can never make someone not to invest unless the person is not serious about it or the person doesn't want to invest.

[Jewan420]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready. Because if the price of bitcoin is very high at the point when you want to invest in bitcoin, you will see it like you have missed out on bitcoin, and it will likely make you not to invest in bitcoin again. Since you cannot possibly buy the quantity of bitcoin you want to hold for the long term at once, it would be better for you to kick-start your bitcoin investment now so that you can start the journey of accumulating the quantity of bitcoin you want to hold for the long term.

The price of Bitcoin can never be too high to the point that it will make someone not to invest because if you check the value or price of Bitcoin some years back you will see there's so much difference between then and now and yet people are still investing it do you know why because as the price of Bitcoin is changing or increase so is some human being increasing and changing (financially and others) so there's no level Bitcoin will reach that people will not or can not invest in so long as the DCA method still exist and secondly the price of Bitcoin can never make someone not to invest unless the person is not serious about it or the person doesn't want to invest.

Mate, I would suggest you read the quote from @Mayor of ogba again. You are correct, but you may not have fully understood what @Mayor of ogba was trying to convey. You should try reading the quote again and understanding it better. He did not say that Bitcoin will become unaffordable to the point where no one will be able to invest. Rather, he said that, in the long term, you will not be able to buy all the Bitcoin you want at once. Without a doubt, this is completely true.

We all have big dreams or long-term goals when it comes to Bitcoin investment, which may not be achievable in a single day. For example, let’s say you’ve set a time frame of 3 cycles (12 years) for your investment, and your goal is to accumulate 100 Bitcoins in 12 years. Now, imagine from your position, is it possible to buy all 100 Bitcoins at once? Perhaps you are a wealthy person, and you could afford to buy 100 Bitcoins at once. But you need to keep in mind that the more wealth you have, the bigger your goal will be. This is similar to what we see with top Bitcoin investment firms like MicroStrategy. Since they own large amounts of money, they are capable of buying 10k+ Bitcoins at once, and they do so. In this case, their goal is also very large, and they cannot fulfill it all at once. So, they continue to invest consistently using Dollar-Cost Averaging (DCA).

The essence of @Mayor of ogba quote was: you will not reach your goal all at once. To reach your goal, you need to be consistent and make multiple investments in Bitcoin. Therefore, you should not delay your investment just because you can’t buy it all at once."

[Marvelockg]

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Mental preparation for Bitcoin investment is just an excuse. If you are financially ready for Bitcoin investment and have basic knowledge, then you can invest without hesitation.

mental preparedness is not an excuse and from the standpoint of @Stablexcoin, his explanation makes a lot of sense as to why should be prepared before jumping right into investing in something he likely lacks some basic knowledge on. at the start of an investors journey, there is always the anxiety on whether or not one should invest in certain asset and when you don't have a strong resolve, even after investing, chances are that you might be forced to selling immediately there is a market downtime. that will not be the case if you are mentally prepared and understands the nature of the market condition and how that it can have effect on your responsiveness to the market condition.

even though at the start you don't have to give excuses of lack of knowledge as what is holding you back from investing, getting the necessary knowledge and being prepared that you are investing for the long term will see you through the early phase of doubt that might arise if the market fluctuates at some point in time.

To sustain your investment in the long term, you need to gain knowledge later, which is definitely after you start investing, and you should not delay investing for this knowledge. If you delay investing to learn more beyond basic knowledge, you are making a mistake and missing out on buying opportunities.

one thing that we should know about the stand of most persons when they are just getting started in their bitcoin investment is that anyone that is really ready to invest will certainly start investing even if they don't follow all ideal process and even if it takes them too long to know a lot of things that should normally help them start investing well. like you have said, and which is partly a similar opinion @Stablexcoin shared, what you just need is basic knowledge about bitcoin and then you can just get started. as long as the resource is available and you have a set out plan that works based on the peculiarity of your income flow, the rest of the knowledge can come pretty later while you have already started investing.

like the idea of setting out emergency fund and some reserve and back up funds, even though they are necessary for successful investment in the long run, a starter might not have the means to setting all of them in place before getting started but can just start whichever way he can while when he has gotten his stand as an investor, he can then find a way of sorting those kinds of things out. trying to set everything perfectly is a recipe for procrastination but then, you ought to be mentally prepared that your investment is for the long run and that you are not just coming in just to zoom off at no time.

[ginsan]

I can also say that if you do not have any bitcoin, then you better buy some, and you cannot buy bitcoin yesterday since yesterday is gone. You can buy bitcoin today, and that sounds good.  You may or may not be able to buy bitcoin tomorrow, though it still seems that bitcoin is a good thing to buy as regularly and aggressively as you are able to buy it, without overdoing it.. but it still is not guaranteed to go up.

That's right sir, taking advantage of time is the best opportunity to change fate. Investing in bitcoin is certainly better not to be postponed because the more you postpone it, the less mental readiness you have because it is triggered by many unprepared factors. Therefore, starting today is the best step to continue buying bitcoin, one of the reasons is that having bitcoin in your portfolio is better than having fiat in the bank.

I agree, bitcoin does not guarantee that it will go up if we buy it, and we cannot even predict how much bitcoin will cost the next day. Bitcoin moves every second, because of the many requests to buy from new or old investors.

It's just that we have to believe in our investment as an investment that can change our lives at some point in the future, it might take decades and patience is needed.

[Tmoonz]

Bitcoin investment is not guarentee to be profitable in the long run because no investment is 100% guaranteed. However, we are investing in bitcoin because we have the believe that it's an asset that will increase in price overtime due to the history of bitcoin and our experience of it as we are investing overtime, and that gives us more confidence to continue building and accumulating bitcoin because our strong believe in it as time passes on.

Investment is a combination of profit and loss. You will not find any investment asset or investment medium where there is no possibility of loss. Similarly, Bitcoin investment will not give you a 100% guarantee of profit. If someone guarantees you profit from Bitcoin investment, then you can freely call him a hypocrite. Guaranteeing profit in Bitcoin investment means that you are telling the future of Bitcoin, which is absolutely impossible for a human being. However, we consider Bitcoin as a reliable investment asset where we see the possibility of profit as high, provided that you must be long-term.

The reason why we ask you to invest money that you can lose is considering the potential loss of Bitcoin. Although the possibility of loss is somewhat less in long-term investment, we must be prepared for it. The main goal of investment is to make profit, but you must be aware of the loss and have a plan to take necessary steps.

I’m certain everyone investing know what’s required for investing so they don’t put their all, at this point going all in is not the best thing to do even if believing in bitcoin although as an investor we all give a kind of motivation to keep going with our investment. There’s no risk free investment, bitcoin for example a lot of people still miss out during the process when investing no doubt, generally bitcoin is unpredictable and using funds meant for something else to invest is actually not right, why not create a good budget that can help straighten ones plan towards accumulating and build a good management plan in terms of dividing funds.

No one should be discouraged for choosing to put a huge some of money for Bitcoin investment because Bitcoin investment is not one of those businesses where you invest and have a double mind Incase you end up losing your money, people often use the word invest the amount you can afford to lose but I doubt if you have anything to lose as a long term investor because there's no way you won't make profit in the nearest future if you don't sell out your Bitcoin due to fear and panic that comes after listening to some social media lies not knowing they are all jealous of the progress that Bitcoin is making all over the world.

And just incase you don't know, despite the volatile nature of Bitcoin it doesn't mean investing for a long term has anything to do with losses, so not advise anyone to invest in Bitcoin to make profit but if you must invest in Bitcoin choose long term investment because you would have rest of mind knowing that your money is saved and yeliding more profits to you.

Honestly, to me what is defined as huge some of money total depends on individual When it comes to Bitcoin investment because what the next person may consider to be huge might be little to the next man perhaps Bitcoin investment is built in such a way that anyone is expected to stay within the area of their own financial comfort while accumulating Bitcoin because our financial muscles are not the same. However, no one is also be encouraged to invest more than their discretionary income or used money that is meant for their other Living expenses to buy Bitcoin, even though we have believe and commitment towards Bitcoin it is also good that you balance your psychology towards what may or may not happen, don't be in a hurry to forget that the environment is saturated with uncertainty but yet we still have to consider the possibilities of what we believe.

[Popkon6]

Honestly, to me what is defined as huge some of money total depends on individual When it comes to Bitcoin investment because what the next person may consider to be huge might be little to the next man perhaps Bitcoin investment is built in such a way that anyone is expected to stay within the area of their own financial comfort while accumulating Bitcoin because our financial muscles are not the same.
However, no one is also be encouraged to invest more than their discretionary income or used money that is meant for their other Living expenses to buy Bitcoin, even though we have believe and commitment towards Bitcoin it is also good that you balance your psychology towards what may or may not happen, don't be in a hurry to forget that the environment is saturated with uncertainty but yet we still have to consider the possibilities of what we believe.

It is a good idea to invest in Bitcoin, but have you ever thought about how to maintain Bitcoin in the long term? Not only Bitcoin investment advice is here, but how we maintain Bitcoin in the long term is the most important thing. Because you invest in Bitcoin, many people may sell this Bitcoin due to lack of money because we will not control the income of all people in one muscle. Because all people may differ in income, so to maintain the balance of Bitcoin investment for each person in the long term, his income should be divided into several parts.

Money should be separated for Bitcoin investment by keeping the basic expenses of the family separate, and an emergency fund should be kept for Bitcoin investment so that if there is a financial crisis in the family, he can fill the gap from this emergency fund, so that he does not have to sell his Bitcoin investment. We should take such steps for both new and old people so that he can protect his investment in the long term.

[TEBTC]

I can also say that if you do not have any bitcoin, then you better buy some, and you cannot buy bitcoin yesterday since yesterday is gone. You can buy bitcoin today, and that sounds good.  You may or may not be able to buy bitcoin tomorrow, though it still seems that bitcoin is a good thing to buy as regularly and aggressively as you are able to buy it, without overdoing it.. but it still is not guaranteed to go up.

That's right sir, taking advantage of time is the best opportunity to change fate. Investing in bitcoin is certainly better not to be postponed because the more you postpone it, the less mental readiness you have because it is triggered by many unprepared factors. Therefore, starting today is the best step to continue buying bitcoin, one of the reasons is that having bitcoin in your portfolio is better than having fiat in the bank.

I agree, bitcoin does not guarantee that it will go up if we buy it, and we cannot even predict how much bitcoin will cost the next day. Bitcoin moves every second, because of the many requests to buy from new or old investors.

It's just that we have to believe in our investment as an investment that can change our lives at some point in the future, it might take decades and patience is needed.

Your actually right because with the current state that Bitcoin has become it will be costly for any one who has the financial leverage not to invest in Bitcoin because the fact is that Bitcoin is fast becoming a global tool of financial stability and growth to as many that are ready to seize the opportunity that Bitcoin offers so there is no better time rather than now because procrastination is the thief of time

Because looking at Bitcoin today those who are enjoying Bitcoin as of now are those who where for sighted enough to see the potentials that Bitcoin holds from the beginning and decided to key into it by investing then that the price of Bitcoin was not even up to a $1,000 imagine what profit they mis have made by now that Bitcoin prices is over $100k so this is the right time to buy Bitcoin with the mind to hold it

[ultrloa]

I can also say that if you do not have any bitcoin, then you better buy some, and you cannot buy bitcoin yesterday since yesterday is gone. You can buy bitcoin today, and that sounds good.  You may or may not be able to buy bitcoin tomorrow, though it still seems that bitcoin is a good thing to buy as regularly and aggressively as you are able to buy it, without overdoing it.. but it still is not guaranteed to go up.

That's right sir, taking advantage of time is the best opportunity to change fate. Investing in bitcoin is certainly better not to be postponed because the more you postpone it, the less mental readiness you have because it is triggered by many unprepared factors. Therefore, starting today is the best step to continue buying bitcoin, one of the reasons is that having bitcoin in your portfolio is better than having fiat in the bank.

I agree, bitcoin does not guarantee that it will go up if we buy it, and we cannot even predict how much bitcoin will cost the next day. Bitcoin moves every second, because of the many requests to buy from new or old investors.

It's just that we have to believe in our investment as an investment that can change our lives at some point in the future, it might take decades and patience is needed.

That's more better mindset an investor must have since if they are capable to buy now then why decide to do it later on right? To many changes that might happen on daily basis and those things might negatively affect their decision makings.

This is why its really better to take good action now so that you can move on next phase on your accumulation and you will not get bothered by anything since for sure the next target you will do is to accumulate again. Compare if you are doubting to buy which you cannot move in that situation. Bitcoin is great investment and hopefully with things happening now and current recognition it gets this is enough proof for them to believe that Bitcoin has good future and good to invest for long term basis.

[Rabata]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

[JayJuanGee]

I definitely agree with you because you don't need to wait for a dip period to invest into Bitcoin because deley could be dangerous the best time you need to invest in Bitcoin is now so when it gets to the dip period you can actually get your return on investment

One thing we need to know that Bitcoin is that it grows in value over time so in terms of investing you don't need to wait till the price of Bitcoin gets to a million dollars before investing now is the best time to invest into Bitcoin

Delays are not dangerous, it's the ignorance and greed that are, in my opinion.
Nothing wrong with buying Bitcoin later - even if the price would differ, if you would apply hodling it appropriately, everything would still be fine.

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready. Because if the price of bitcoin is very high at the point when you want to invest in bitcoin, you will see it like you have missed out on bitcoin, and it will likely make you not to invest in bitcoin again. Since you cannot possibly buy the quantity of bitcoin you want to hold for the long term at once, it would be better for you to kick-start your bitcoin investment now so that you can start the journey of accumulating the quantity of bitcoin you want to hold for the long term.

The price of Bitcoin can never be too high to the point that it will make someone not to invest because if you check the value or price of Bitcoin some years back you will see there's so much difference between then and now and yet people are still investing it do you know why because as the price of Bitcoin is changing or increase so is some human being increasing and changing (financially and others) so there's no level Bitcoin will reach that people will not or can not invest in so long as the DCA method still exist and secondly the price of Bitcoin can never make someone not to invest unless the person is not serious about it or the person doesn't want to invest.

You are likely getting distracted if you are attempting to assess bitcoin's price trajectory based on selective spot price points.  If you look at the 200-WMA, you may well be able to appreciate bitcoin's price dynamics a wee bit moar better.  Perhaps? perhaps?  Not everyone is able to appreciate bitcoin without getting overly distracted by various short-term price movement ideas.

[edited out]

Mate, I would suggest you read the quote from @Mayor of ogba again. You are correct, but you may not have fully understood what @Mayor of ogba was trying to convey. You should try reading the quote again and understanding it better. He did not say that Bitcoin will become unaffordable to the point where no one will be able to invest. Rather, he said that, in the long term, you will not be able to buy all the Bitcoin you want at once. Without a doubt, this is completely true.

We all have big dreams or long-term goals when it comes to Bitcoin investment, which may not be achievable in a single day. For example, let’s say you’ve set a time frame of 3 cycles (12 years) for your investment, and your goal is to accumulate 100 Bitcoins in 12 years.

Holy shit Jewan420!!!  Are you even trying to be somewhat realistic? 

A more appropriate example would be trying to accumulate 1 bitcoin or perhaps 2 bitcoin in 12 years.

Sure there are rich folks, yet many normal people might even need to consider how they might accumulate 21 million satoshis in 12 years.

By the way, just to give context, even a person investing $200 per week, he is ONLY going to be able to invest around $130k over 12 years.  So do you think that the average price per BTC is going to be less than $130k?  If the average price per BTC is less than $130k, then the person investing an average of $200 per week over 12 years would be able to accumulate 1 BTC. Good luck with being able to invest an average of $200 per week over 12 years and good luck with BTC price staying on average less than $130k for that period of time. 

It seems unlikely from my perspective...and so you are wanting to suggest 100 bitcoins in 12 years?  hahahahaha Who the fuck has that kind of a budget?  That would be $20k per week.  Do you know people with that kind of money?  I don't.  Not even extremely rich people.  By the way, $20k per week for 12 years would be right around $12.5 million.

Now, imagine from your position, is it possible to buy all 100 Bitcoins at once? Perhaps you are a wealthy person, and you could afford to buy 100 Bitcoins at once. But you need to keep in mind that the more wealth you have, the bigger your goal will be. This is similar to what we see with top Bitcoin investment firms like MicroStrategy. Since they own large amounts of money, they are capable of buying 10k+ Bitcoins at once, and they do so. In this case, their goal is also very large, and they cannot fulfill it all at once. So, they continue to invest consistently using Dollar-Cost Averaging (DCA).

Yeah.. buying 100 BTC right now is $10.4 million, and surely $10.4 million in 12 years might ONLY be worth around $3 million in todays dollars.  But yeah, investing $20k per week may be easier than coming up with $10.4 million, even though it still would end up in $12.5 million invested over 12 years, which still would probably not get you 100 Bitcoin as I outlined above the need for BTC to stay on average below $130k for the 100 BTC to be accumulate in 12 years for $20k per week.

The essence of @Mayor of ogba quote was: you will not reach your goal all at once. To reach your goal, you need to be consistent and make multiple investments in Bitcoin. Therefore, you should not delay your investment just because you can’t buy it all at once."

This part is a fair point, even though your example (@Jewan420) kind of sucked for the reasons I stated above.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Mental preparation for Bitcoin investment is just an excuse. If you are financially ready for Bitcoin investment and have basic knowledge, then you can invest without hesitation.

mental preparedness is not an excuse and from the standpoint of @Stablexcoin, his explanation makes a lot of sense as to why should be prepared before jumping right into investing in something he likely lacks some basic knowledge on. at the start of an investors journey, there is always the anxiety on whether or not one should invest in certain asset and when you don't have a strong resolve, even after investing, chances are that you might be forced to selling immediately there is a market downtime. that will not be the case if you are mentally prepared and understands the nature of the market condition and how that it can have effect on your responsiveness to the market condition.

even though at the start you don't have to give excuses of lack of knowledge as what is holding you back from investing, getting the necessary knowledge and being prepared that you are investing for the long term will see you through the early phase of doubt that might arise if the market fluctuates at some point in time.

To sustain your investment in the long term, you need to gain knowledge later, which is definitely after you start investing, and you should not delay investing for this knowledge. If you delay investing to learn more beyond basic knowledge, you are making a mistake and missing out on buying opportunities.

one thing that we should know about the stand of most persons when they are just getting started in their bitcoin investment is that anyone that is really ready to invest will certainly start investing even if they don't follow all ideal process and even if it takes them too long to know a lot of things that should normally help them start investing well. like you have said, and which is partly a similar opinion @Stablexcoin shared, what you just need is basic knowledge about bitcoin and then you can just get started. as long as the resource is available and you have a set out plan that works based on the peculiarity of your income flow, the rest of the knowledge can come pretty later while you have already started investing.

like the idea of setting out emergency fund and some reserve and back up funds, even though they are necessary for successful investment in the long run, a starter might not have the means to setting all of them in place before getting started but can just start whichever way he can while when he has gotten his stand as an investor, he can then find a way of sorting those kinds of things out. trying to set everything perfectly is a recipe for procrastination but then, you ought to be mentally prepared that your investment is for the long run and that you are not just coming in just to zoom off at no time.

I agree with everything you are saying Marvelockg, except you seem to be presuming that bitcoin mental resolve needs to be built prior to investing in bitcoin, which it does not.

Mental resolve is surely a category that needs to be built, but it does not need to be present prior to getting started,and in some sense, some of us might be really whimpy and skeptical about bitcoin, yet that does not cause the answer to invest into bitcoin to become "no", but instead it may well just inform us that we need to select a position size that gets us started so that we can build our bitcoin resolve, and surely for some folks their initial position size in bitcoin might be $10 and then the next week another $10.. and so then there may be time to look into bitcoin further or not, and perhaps no resolve for several weeks, but continuing to put $10 per week into bitcoin.

Perhaps with the passage of time the bitcoin resolve starts to get stronger in order to begin to invest larger amounts, and perhaps the resolve remains weak..for a period of time, and surely we cannot force resolve, and even some folks might realize that they have to spend some time to help them to fix their own resolve, and if they are not working to build their resolve, they might either be stuck with $10 per week or abandoning their intention to get involved in bitcoin.... So surely there are going to be some folks who take a while to build resolve, and that building of bitcoin resolve is on them and may well end up costing them in regards to their chosen whimpiness in their bitcoin investment, even if they had ended up answering the whether to invest into bitcoin correctly, they still did not end up building their resolve, and surely I am not going to proclaim that having bitcoin resolve is a prerequisite to investing, even though surely having resolve is likely going to assist the whimpy into becoming more aggressive to their likely advantage down the road...and I suppose that I am just proclaiming that getting started can help to motivate in the several ways that you mentioned, but also help in the learning that bitcoin is an important investment in which position size needs to be increased...and to figure out various ways to accomplish such increase by making sure cashflow and discretionary income is being used and figured out so that perhaps $10 per week can be moved up to $50 per week, and then perhaps a bit later to $100 per week or more, and even later to reconsider how to allocate portions of lump sum bonus monies as they might come into additional cash flow from time to time.

[Churchillvv]

I can also say that if you do not have any bitcoin, then you better buy some, and you cannot buy bitcoin yesterday since yesterday is gone. You can buy bitcoin today, and that sounds good.  You may or may not be able to buy bitcoin tomorrow, though it still seems that bitcoin is a good thing to buy as regularly and aggressively as you are able to buy it, without overdoing it.. but it still is not guaranteed to go up.

That's right sir, taking advantage of time is the best opportunity to change fate. Investing in bitcoin is certainly better not to be postponed because the more you postpone it, the less mental readiness you have because it is triggered by many unprepared factors. Therefore, starting today is the best step to continue buying bitcoin, one of the reasons is that having bitcoin in your portfolio is better than having fiat in the bank.

I agree, bitcoin does not guarantee that it will go up if we buy it, and we cannot even predict how much bitcoin will cost the next day. Bitcoin moves every second, because of the many requests to buy from new or old investors.

It's just that we have to believe in our investment as an investment that can change our lives at some point in the future, it might take decades and patience is needed.

Your actually right because with the current state that Bitcoin has become it will be costly for any one who has the financial leverage not to invest in Bitcoin because the fact is that Bitcoin is fast becoming a global tool of financial stability and growth to as many that are ready to seize the opportunity that Bitcoin offers so there is no better time rather than now because procrastination is the thief of time

Because looking at Bitcoin today those who are enjoying Bitcoin as of now are those who where for sighted enough to see the potentials that Bitcoin holds from the beginning and decided to key into it by investing then that the price of Bitcoin was not even up to a $1,000 imagine what profit they mis have made by now that Bitcoin prices is over $100k so this is the right time to buy Bitcoin with the mind to hold it

Of course purchasing bitcoin at every given opportunity is the best action to take towards bitcoin investment, however it's worth note that buying bitcoin with full confidence that it would rise is always not guaranteed but it's in same contest worth knowing that bitcoin in a long term could give you the appropriate increment that you deserve based on how much you have accumulated.

Perhaps a lot of people tries to convince themselves that bitcoin will make them fulfilled after investing because those who invested in the foundation days of bitcoin would probably have a very huge profit by now hence they want to invest now too that later they will have a huge profit that might retire them well I'm not opposing such inspiration but it's very clear that the level or the higher ones portfolio the higher chances of retiring with bitcoin investment.

It's also worth knowing that those who invested in bitcoin in the primary prices, must do not longer have access to those coins, while some sold in profit but back when bitcoin only got some price increments in price, it's easy to say that you will hold but it's more difficult to hold on to it even when you have seen profits within the 4 years cycle so some of us of course might sell when we reach a new ATH that seems convincing but yet they might claim that they will hold for a longer term.

[SuperBitMan]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

[Barikui1]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

No, you are actually losing time which we all know that cannot be recovered back.
What's the point delaying your Bitcoin accumulation when you have a reliable source of income  that is enough that you can remove your Bitcoin investment money, your emergency fund, your up keeps money and money needed for some other financial needs before the next pay check arrive?
Bro time is very important, because I believe that if the Will is their, all this that you are actually saying now will not even be considered because people create time and put in effort in what ever they really want to do, no body is too busy for what he wants.
So have it at the back of your mind that if an investor truly want to invest in Bitcoin due to how he has faith in it, he must find a way to start accumulate Bitcoin little by little as long as he has a source of income coming in, and he will still keep an emergency funds aside from that Income coming in, so brother, just as the popular saying goes; you don't need to be great to start, but you have to start to be great, it's more about the source of income and the will bro.

[Ruttoshi]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

Delay is dangerous when it comes to bitcoin investment especially when you have your discretionary income available for you to start investing as a new beginner. It is better of for you to start investing in bitcoin right away than to be waiting to build your emergency funds first before starting your bitcoin accumulation. This is because you have no bitcoin and the price of bitcoin might keep going higher during the time that you are busy building your emergency funds.

It is good that your discretionary income should be divided into two parts. You can use one part to start investing in bitcoin, and use the other part to build your emergency funds for at least three months of your salary since you are on a long term investment. With this practice, you can be increasing your bitcoin stash and your emergency funds simultaneously so that you are not left out with no bitcoin because you are build an emergency funds. It is better to be a low coiner than a no coiner when setting up an emergency funds.

 If you have finally build your emergency funds, you can channel the money that you are using to increase your DCA amount and invest aggressively to cover up all those times that you have been building your emergency funds. Setting up an emergency funds shouldn't be an excuse for anyone not to get started with his bitcoin investment immediately with his discretionary income.

[Muba20]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

If you have finally build your emergency funds, you can channel the money that you are using to increase your DCA amount and invest aggressively to cover up all those times that you have been building your emergency funds. Setting up an emergency funds shouldn't be an excuse for anyone not to get started with his bitcoin investment immediately with his discretionary income.

The purpose of creating an emergency fund in depositing Bitcoin is so that for some reason he does not need to withdraw money from Bitcoin or there is no obstacle in investing in Bitcoin. But if an investor does not deposit Bitcoin but spends time on emergency money, it is useless. First, you must invest in Bitcoin and then gradually you can create that emergency fund from a small part of your income. In addition to regular investment in Bitcoin, if an investor can create a back up fund or emergency fund within 3-4 months, then he can be much safer in investing in Bitcoin. If someone is a little lazy or delays for investing, then he should understand that If Bitcoin becomes more bullish in a short time, those who are preparing to invest there may face more losses.

[Promocodeudo]

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

Buddy what do you really mean? though I understand the points you are trying to make but realistically I don't think it's right for anyone to delay his or her investment based the reason you gave, mate time wait for nobody and I will tell you for free that Bitcoin investment requires a constant inflow of income not necessary huge amount but an amount that you can invest with daily, weekly or monthly consistently and still have some funds left for personal use, buddy if one doesn't have something that is generating money for him or her then it a different thing but if someone has a constant inflow of money irrespective of the amount, I think is not advisable for such person to wait further.

I have gone through your conclusions, but if may ask what if an investor who's waiting to stock up a reasonable amount both for the said investment, emergency fund or reserve fund before he or she can invest get discouraged along the line, the aforementioned is the danger involved, though emergency funds are also needed to be present for an investor to scale through without stoping halfway but whichever way, anyone taking this step must be very deciplined in other not to deviate from the main goal.

[Tmoonz]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

Honestly there are crucial consideration which I personally factored in as basics for anyone coming in terms with Bitcoin investment and of course I can remember vividly how @ jayjuanGee often make such clarification as to this regards and in quote, one must primarily figure out whether he or she has a discretionary income before considering Bitcoin investment and it is paramount, once a discretionary income becomes available start your investment right away and figure out other things along the line perhaps and by definition, we are expected to build up to three to six months worth of our expenses as our emergency funds of which is a whole long time that would have been used to be accumulating Bitcoin, the waiting or delaying strategy of building backup funds before accumulation is wrong because that can as well be done alongside your ongoing investment, Bitcoin price is not waiting for you hence you can miss good buying opportunities even when you have the time to utilize the opportunity.

[SuperBitMan]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

No, you are actually losing time which we all know that cannot be recovered back.
What's the point delaying your Bitcoin accumulation when you have a reliable source of income  that is enough that you can remove your Bitcoin investment money, your emergency fund, your up keeps money and money needed for some other financial needs before the next pay check arrive?
Bro time is very important, because I believe that if the Will is their, all this that you are actually saying now will not even be considered because people create time and put in effort in what ever they really want to do, no body is too busy for what he wants.
So have it at the back of your mind that if an investor truly want to invest in Bitcoin due to how he has faith in it, he must find a way to start accumulate Bitcoin little by little as long as he has a source of income coming in, and he will still keep an emergency funds aside from that Income coming in, so brother, just as the popular saying goes; you don't need to be great to start, but you have to start to be great, it's more about the source of income and the will bro.

@Barikui1 Bitcoin is not going on extinction so why the rush, you sound like Bitcoin will soon end or stop growing, some people rush into Bitcoin and it lead them to rush out also, the only reason you will be rushing to buy Bitcoin is if you are a trader, as a long term Bitcoin investor you don't need to rush take your time and set things in other, build your backup funds which is your emergency, reserve and float funds, I'm not saying you should make them all strong before you start accumulating your Bitcoin but you should build them to an extend because of you don't have a good backup funds you are at risk of always dipping hands into your Bitcoin, would you prefer that a newbie who has no backup funds of any kind and who can't build his backup funds and Bitcoin investment together because of his small financial strength to do so, if this is your advice to them then you are leading them to financial crisis which will make them sell off all there Bitcoin.
As much as you want people to start Bitcoin investment they shouldn't rush into it, except their traders, as for those who wants to hold for long term don't rush if you have the financial strength to build your backup funds and your Bitcoin investment together fine and good but if you don't build your backup funds to an extend first, Bitcoin is not going on extinction, it will be more time wasteful that you accumulated and later sold them all even on low price because of little emergency issues that you would have settled with an emergency or backup funds.

[Zackz5000]

If you have a steady income and discretionary income, there is no need for you to delay your bitcoin investment or try to buy bitcoin later when you already have the money to invest in bitcoin now. Delaying your bitcoin investment when you already have the money that would have allowed you to invest in bitcoin comfortably will likely make you not to invest in bitcoin when you are ready.

This is true. But investment is by choice and willingness. Someone might be financially ready but not mentally he is not. It might be that he needs to know one or two things about Bitcoin investment before jumping into it. However, getting little knowledge does not take long one or two days is enough so that shouldn't be an excuse. I also notice that many persons due to other failed investments they have done in the past still have this fear in them on investing into another asset like Bitcoin. Well, such persons should guided and mentored so that they can overcome the fear and start their investment.

Investment requires both financial and human preparation, but the investor needs to understand whether he can benefit in any way by delaying here. He may need knowledge before investing. but holding does not require much knowledge. In some cases, it may be that the money you are providing for investment can be spent on other things. Therefore, delaying investment after the financial system is not beneficial, but can also hinder Bitcoin investment. If you have your own financial capacity and a certain income, it is better to implement the principle of holding Bitcoin regularly as soon as possible. A Bitcoin investor needs to understand that the longer your investment is delayed, the more you will loss.

If you choose to delay your Bitcoin investment you are not losing anything at that moment, some people choose to delay there Bitcoin investment because they want to build a strong emergency, reserve and float funds first, yes you can start your Bitcoin accumulation and also be building your backup funds which is your emergency, reserve and float funds at same time, but one thing we most no is that is not every human that likes to rush things some set of people usually don't like doing two things at a time especially when it involve financial resources, it could be that his or her financial strength can't carry both Bitcoin accumulation and building a backup funds at same time, so if a person is delaying because he wants to take his time before going into Bitcoin accumulation is not a bad idea, it is better to start late and accumulate enough later, than to start quick and end up stopping and even selling of all your Bitcoin because of financial issues, if you know your financial strength can carry both building your Bitcoin and your backup funds then you can do it but if it can't then build your backup funds to an extend before starting your Bitcoin accumulation.

You will actually not be losing anything if you choose to delay your Bitcoin investment probably if you have already accumulated some or more bitcoin or you have been constantly accumulating Bitcoin probably aggressively or some time also using the lump sum strategy then you may decide to delay probably for bitcoin to drop a bit to accumulate but if you have not been constantly or consistently accumulating Bitcoin then delaying to accumulate is not for you and it's never to good method to practice as long as bitcoin investment is concerned.

Secondly if your discretionary income is still active there is actually no need delaying in other not to miss more or wasting much time waiting when you can actually be buying Bitcoin gradually using the DCA strategy to increase more of your bitcoin stack either weekly or monthly regardless of the price and hodl for long instead of delaying.