Buy Buy Buy or Sell Sell Sell?

[Derekfunds]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Building up bitcoin knowledge before you start investing in bitcoin will not even save you from not selling off your bitcoin portfolio if there's a dump in bitcoin price. Even old investors who have built up knowledge about bitcoin ended up selling off their bitcoin portfolio before a dump could happen because they invested in bitcoin in the wrong way or aggressively, which put them in the position of not meeting up with their daily demands all the time. So even though you have good knowledge about bitcoin or not, before you start to invest in bitcoin, if you want to hold your bitcoin portfolio for a very long time, you have to invest in bitcoin in such a way that it will not stop you from sorting out your daily expenses all the time, and for you to do that, you have to use your discretionary income or the money you can afford to lose to invest in bitcoin since the money is not allocated to solve any of your daily expenses.

You are complicating the whole point you are trying to make, if I may ask how will someone that has a ground knowledge on what Bitcoin is all about and how it operates will invest what he can not afford to let go I mean that is really impossible because I haven't seen such case unless if the investor is a greedy investor that wants to make huge profit within a short period of time else someone with good knowledge of Bitcoin can not do that and they can not even sell unless they have been holding for years and maybe there portfolio is very handsome and if that is the case, them selling is not wrong because we can not keep storing forever without selling.

[Agbamoni]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Building up bitcoin knowledge before you start investing in bitcoin will not even save you from not selling off your bitcoin portfolio if there's a dump in bitcoin price. Even old investors who have built up knowledge about bitcoin ended up selling off their bitcoin portfolio before a dump could happen because they invested in bitcoin in the wrong way or aggressively, which put them in the position of not meeting up with their daily demands all the time. So even though you have good knowledge about bitcoin or not, before you start to invest in bitcoin, if you want to hold your bitcoin portfolio for a very long time, you have to invest in bitcoin in such a way that it will not stop you from sorting out your daily expenses all the time, and for you to do that, you have to use your discretionary income or the money you can afford to lose to invest in bitcoin since the money is not allocated to solve any of your daily expenses.

You are complicating the whole point you are trying to make, if I may ask how will someone that has a ground knowledge on what Bitcoin is all about and how it operates will invest what he can not afford to let go I mean that is really impossible because I haven't seen such case unless if the investor is a greedy investor that wants to make huge profit within a short period of time else someone with good knowledge of Bitcoin can not do that and they can not even sell unless they have been holding for years and maybe there portfolio is very handsome and if that is the case, them selling is not wrong because we can not keep storing forever without selling.

Wait a second, you have been arguing against someone else’s point, only to realize you were the one complicating the situation. Maybe take a step back before claiming someone else is confused. What Mayorofogba is saying here isn't confusing. For better understanding, here is the summary of what he is saying

Anyone who invests using their income or money meant for other things instead of their discretionary income might end up selling their Bitcoin when those expenses arise. Whether they claim to have Bitcoin knowledge or not.

For investors that invest aggressively using part of their emergency funds, perhaps there was no use of their emergency funds at first until life events catch up on them, they will sell part of their investment if they dont have any other place to get money from to settle the emergencies.

All of this scenario can lead to impulsive selling, and if the price of Bitcoin is below the price they had bought them at that moment, they will be losing in the investment. This is why it is advised several times here that we should only invest our discretionary income and set aside emergency funds for unexpected hard days.

[SuperBitMan]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Building up bitcoin knowledge before you start investing in bitcoin will not even save you from not selling off your bitcoin portfolio if there's a dump in bitcoin price. Even old investors who have built up knowledge about bitcoin ended up selling off their bitcoin portfolio before a dump could happen because they invested in bitcoin in the wrong way or aggressively, which put them in the position of not meeting up with their daily demands all the time. So even though you have good knowledge about bitcoin or not, before you start to invest in bitcoin, if you want to hold your bitcoin portfolio for a very long time, you have to invest in bitcoin in such a way that it will not stop you from sorting out your daily expenses all the time, and for you to do that, you have to use your discretionary income or the money you can afford to lose to invest in bitcoin since the money is not allocated to solve any of your daily expenses.

We can't also underestimate the importance of building up the right knowledge about Bitcoin people who build up the right knowledge about Bitcoin always end up holding longer to there Bitcoin while those who had the wrong knowledge end up not succeeding in there Bitcoin investment, some people feels that building or acquiring bitcoin knowledge is not important before going into Bitcoin investment but it is more important and is the key to having a successful Bitcoin investment the reason why I'm saying so is because of something that someone did through this latest dip that happened in Bitcoin when he started accumulating Bitcoin Bitcoin was $98k so through the dip that happened when Bitcoin came down to $80 plus even close to $70 plus he became scared and sold of all his Bitcoin because according to him he felt Bitcoin was about to crash and when he saw Bitcoin went up again he became confused and he was now educated of the dip that always happens in Bitcoin, so it is very important to gain knowledge about Bitcoin if not you will make a big mistake you will regret later in the future.

[SOKO-DEKE]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Building up bitcoin knowledge before you start investing in bitcoin will not even save you from not selling off your bitcoin portfolio if there's a dump in bitcoin price. Even old investors who have built up knowledge about bitcoin ended up selling off their bitcoin portfolio before a dump could happen because they invested in bitcoin in the wrong way or aggressively, which put them in the position of not meeting up with their daily demands all the time. So even though you have good knowledge about bitcoin or not, before you start to invest in bitcoin, if you want to hold your bitcoin portfolio for a very long time, you have to invest in bitcoin in such a way that it will not stop you from sorting out your daily expenses all the time, and for you to do that, you have to use your discretionary income or the money you can afford to lose to invest in bitcoin since the money is not allocated to solve any of your daily expenses.

We can't also underestimate the importance of building up the right knowledge about Bitcoin people who build up the right knowledge about Bitcoin always end up holding longer to there Bitcoin while those who had the wrong knowledge end up not succeeding in there Bitcoin investment, some people feels that building or acquiring bitcoin knowledge is not important before going into Bitcoin investment but it is more important and is the key to having a successful Bitcoin investment the reason why I'm saying so is because of something that someone did through this latest dip that happened in Bitcoin when he started accumulating Bitcoin Bitcoin was $98k so through the dip that happened when Bitcoin came down to $80 plus even close to $70 plus he became scared and sold of all his Bitcoin because according to him he felt Bitcoin was about to crash and when he saw Bitcoin went up again he became confused and he was now educated of the dip that always happens in Bitcoin, so it is very important to gain knowledge about Bitcoin if not you will make a big mistake you will regret later in the future.

Someone can start Bitcoin investment with only fundamental knowledge. Later on, they can further their understanding of Bitcoin. The basic knowledge needed is that Bitcoin investment is to know that bitcoin a volatile asset. Secondly, one should know how and where to buy Bitcoin to avoid scammers and understand the concept of wallets for investment.

With that knowledge, I believe it is okay to start Bitcoin investment. Waiting for deep knowledge about Bitcoin should be a gradual process, as waiting too long could lead to missed opportunities. I feel that trying to gain comprehensive knowledge before starting often makes people hesitate or give up on investing in Bitcoin.

However, if someone begins investing in Bitcoin with basic knowledge, it can motivate them to learn more about it. One crucial thing people should remember is to invest only what they can afford to lose. This mindset helps them avoid panic if Bitcoin decreases in price. Since the money invested is affordable to lose, it reduces fear and allows them to handle the risks better.On the other hand, even with proper knowledge, if someone invests more than they can afford to lose, they may panic and sell some or all of their Bitcoin during a price dip.

[Ricardo11]

We can't also underestimate the importance of building up the right knowledge about Bitcoin people who build up the right knowledge about Bitcoin always end up holding longer to there Bitcoin while those who had the wrong knowledge end up not succeeding in there Bitcoin investment, some people feels that building or acquiring bitcoin knowledge is not important before going into Bitcoin investment but it is more important and is the key to having a successful Bitcoin investment the reason why I'm saying so is because of something that someone did through this latest dip that happened in Bitcoin when he started accumulating Bitcoin Bitcoin was $98k so through the dip that happened when Bitcoin came down to $80 plus even close to $70 plus he became scared and sold of all his Bitcoin because according to him he felt Bitcoin was about to crash and when he saw Bitcoin went up again he became confused and he was now educated of the dip that always happens in Bitcoin, so it is very important to gain knowledge about Bitcoin if not you will make a big mistake you will regret later in the future.

Someone can start Bitcoin investment with only fundamental knowledge. Later on, they can further their understanding of Bitcoin. The basic knowledge needed is that Bitcoin investment is to know that bitcoin a volatile asset. Secondly, one should know how and where to buy Bitcoin to avoid scammers and understand the concept of wallets for investment.

With that knowledge, I believe it is okay to start Bitcoin investment. Waiting for deep knowledge about Bitcoin should be a gradual process, as waiting too long could lead to missed opportunities. I feel that trying to gain comprehensive knowledge before starting often makes people hesitate or give up on investing in Bitcoin.

However, if someone begins investing in Bitcoin with basic knowledge, it can motivate them to learn more about it. One crucial thing people should remember is to invest only what they can afford to lose. This mindset helps them avoid panic if Bitcoin decreases in price. Since the money invested is affordable to lose, it reduces fear and allows them to handle the risks better.On the other hand, even with proper knowledge, if someone invests more than they can afford to lose, they may panic and sell some or all of their Bitcoin during a price dip.

Before starting to invest in Bitcoin, an investor should initially have only this much knowledge, so that he can maintain his investment for the long term, and not make a decision to sell his holdings during volatility. Many people think that he has to acquire complete knowledge before starting to invest, but Actually, this is not the case, By staying in the market regularly and investing consistently, It is possible to gain knowledge gradually.
Now, Being wise does not only mean that, just Knowing how to invest in Bitcoin and how to hold Bitcoin. being wise means that, you will never sell your investment in panic due to any volatility. Many investors panic and sell when the price drops, which is usually a wrong decision, and this means that the investor does not know about Bitcoin.
Therefore, before investing in Bitcoin, an investor must first acquire such knowledge that, he does not expect to make quick profits from Bitcoin investment. An investor who is knowledgeable about Bitcoin, he will holding her bitcoin invesment for the long term and buying more Bitcoin during periods of volatility.
So, all in all, start investing with basic knowledge, have a long-term investment plan, invest consistently, don't be afraid of volatility, and focus on keeping yourself updated and improving your market analysis skills over time. These are essential to becoming a long-term investor.

[CageMabok]

...

You are complicating the whole point you are trying to make, if I may ask how will someone that has a ground knowledge on what Bitcoin is all about and how it operates will invest what he can not afford to let go I mean that is really impossible because I haven't seen such case unless if the investor is a greedy investor that wants to make huge profit within a short period of time else someone with good knowledge of Bitcoin can not do that and they can not even sell unless they have been holding for years and maybe there portfolio is very handsome and if that is the case, them selling is not wrong because we can not keep storing forever without selling.

Storing Bitcoin that has been purchased for years without selling it forever is certainly possible for anyone who has such a will. And for example, we can look at the wallets of BlackRock, Microstrategy, and also Satoshi Nakamoto where they all continue to hold it without any target of when to sell it back into the market for the Bitcoin they still hold at the moment. This means that storing Bitcoin forever is not impossible to do because maybe the person holding Bitcoin does not really need the profit from Bitcoin and also loves Bitcoin too much so that the person might only focus on selling other things rather than thinking about selling Bitcoin.

People who already have basic knowledge of Bitcoin and know how it works will buy Bitcoin more often than selling it in the near future because they are usually not so tempted by small profits in the short term and also have the nature to collect Bitcoin in large quantities as savings that they like. Although they can also sell it anytime they want, but for investors who are already quite rich and have a business that can provide money every day for them, of course the Bitcoin they buy can last a long time in their wallet without having to be taken out into the market again.

[Futurexxx]

...

You are complicating the whole point you are trying to make, if I may ask how will someone that has a ground knowledge on what Bitcoin is all about and how it operates will invest what he can not afford to let go I mean that is really impossible because I haven't seen such case unless if the investor is a greedy investor that wants to make huge profit within a short period of time else someone with good knowledge of Bitcoin can not do that and they can not even sell unless they have been holding for years and maybe there portfolio is very handsome and if that is the case, them selling is not wrong because we can not keep storing forever without selling.

Storing Bitcoin that has been purchased for years without selling it forever is certainly possible for anyone who has such a will. And for example, we can look at the wallets of BlackRock, Microstrategy, and also Satoshi Nakamoto where they all continue to hold it without any target of when to sell it back into the market for the Bitcoin they still hold at the moment. This means that storing Bitcoin forever is not impossible to do because maybe the person holding Bitcoin does not really need the profit from Bitcoin and also loves Bitcoin too much so that the person might only focus on selling other things rather than thinking about selling Bitcoin.

Aside the fact that Investors take Bitcoin as an investment opportunity due the fact that it's appreciate in value overtime, it's also a store of value, which in the case why micro strategy invested in it in the first place, they are holding it as a store of value, than just for the profit aspect, but that doesn't mean that they are blind to the benefits attached to holding Bitcoin for a very long period of time.
Don't forget that micro strategy is a company, and they sees their holdings as the company property, so their is a higher probability that a new director or the largest share holder might decide to sell off the company's Bitcoin in the future regardless of the value of Bitcoin then, so when you are talk of holding forever, it doesn't sound logical because no body lives forever, so if it's pass on as an inheritance, your offsprings might not place the same importance to it the way you do, so holding forever as you are saying doesn't sound logical, because even generational house or land that is being passed from generation to generation is sold off at some point by an offspring that doesn't knows how valuable it is to his forefathers.

[Zanab247]

The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term.
If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.

When you have the money in your bank account, you can buy at anytime. There are some people who don't know that they suppose have the money in their bank account before waiting for the right period to come before they can buy BTC and hodl.

You can buy BTC at anytime from the market, when you are financial buoyant because the price of BTC will not remain in that particular price you buy the BTC, but if you don't have enough money with you, exercise patience for bear market to occur before you can buy BTC which is the best period for you, and it will give you opportunity to earn good profit in the future. At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

[Sim_card]

The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term.
If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.

When you have the money in your bank account, you can buy at anytime. There are some people who don't know that they suppose have the money in their bank account before waiting for the right period to come before they can buy BTC and hodl.

You can buy BTC at anytime from the market, when you are financial buoyant because the price of BTC will not remain in that particular price you buy the BTC, but if you don't have enough money with you, exercise patience for bear market to occur before you can buy BTC which is the best period for you, and it will give you opportunity to earn good profit in the future. At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

You are misunderstanding how to invest into bitcoin as a no coiner or a low coiner. Bitcoin investment isn't yrading so there's no need to keep waiting for the right time to buy. The moment that you have your discretionary income available is the right time for you to buy regardless the price of bitcoin. Who told you that bitcoin price is expensive and it will dip to $70k this month. No one can predict the next price of bitcoin correctly, which makes waiting for the dip a wrong strategy for a new investor.

DCA has solved the problem of waiting because you can be buying every week or month with your discretionary income without feeling it, as long as you are using the right amount to DCA. What if you continue waiting and bitcoin price keeps on increasing, you will lose the opportunity in the market that you would have used to be building your bitcoin portfolio during the time that you kept your funds idle.

Anyone that don't have enough discretionary income to invest can cut down his expenses or better still get a second means of income instead of waiting without buying any bitcoin and still not looking for a means to increase his income

[Proty]

We can't also underestimate the importance of building up the right knowledge about Bitcoin people who build up the right knowledge about Bitcoin always end up holding longer to there Bitcoin while those who had the wrong knowledge end up not succeeding in there Bitcoin investment, some people feels that building or acquiring bitcoin knowledge is not important before going into Bitcoin investment but it is more important and is the key to having a successful Bitcoin investment the reason why I'm saying so is because of something that someone did through this latest dip that happened in Bitcoin when he started accumulating Bitcoin Bitcoin was $98k so through the dip that happened when Bitcoin came down to $80 plus even close to $70 plus he became scared and sold of all his Bitcoin because according to him he felt Bitcoin was about to crash and when he saw Bitcoin went up again he became confused and he was now educated of the dip that always happens in Bitcoin, so it is very important to gain knowledge about Bitcoin if not you will make a big mistake you will regret later in the future.

The person you just mentioned maybe lieing to you because I don't see anyone investing in anything without asking of the risk involved likewise bitcoin investment.when I was introduced into bitcoin investment, I can remember vividly that the person that introduced me to bitcoin made mention of the strategies that can be used in accumulating bitcoin, were he made mention of buying the dips as one of the strategies and he explained what bitcoin dips is.so i find it strange for someone who is investing in bitcoin to say that he is ignorant of what bitcoin dip is. Because I believe that knowing the strategies involved in accumulating bitcoin is one of the basic knowledge ones need before starting accumulating bitcoin.

[SOKO-DEKE]

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

How sure are you that Bitcoin's price is coming down to $70k? The truth is that nobody can actually predict the price of Bitcoin, whether it will go up or down. Even if the price of Bitcoin is going down, there is no assurance it will stop at $70k, $75k, or even less than that.

Some people lose the opportunity to acquire Bitcoin because of this kind of prediction. Predictions like these can cause someone to keep waiting and waiting. Even if Bitcoin reaches the $70k you predicted, their mind may still tell them to wait for a further dip. This is how some people lose their opportunity in Bitcoin.Instead of waiting for Bitcoin to drop to a specific level which you are not certain of it is better to use the DCA (Dollar Cost Averaging) method. By buying Bitcoin weekly or monthly, you reduce the risk of missing out on opportunities.

For example, because of advice to ,wait for a dip my friend lost the opportunity to invest in Bitcoin when the price was still around $30k. He was supposed to buy when the price was low, but he decided not to because of predictions he read on social media claiming that Bitcoin would still drop further. He ended up waiting and only started investing recently.Waiting for a dip is not the way forward, because the price level you expect Bitcoin to reach might never come. The best option is to apply to DCA method.

[Zackz5000]

Therefore, I would request a newbie to start investing only after gaining proper knowledge about the DCA method and continue investing for the long term.

The proper knowledge you are talking about can be a gradual process after you have already started, the DCA strategy doesn't even required any deep knowledge to know as it is just a strategy used in accumulating Bitcoin gradually suitable to use as it allows you to accumulate Bitcoin at any price level either weekly or monthly. We have repeatedly be saying this here you can't even get this proper knowledge when you are not in the Bitcoin market already you need to be in to know more things about this bitcoin investment get started first and figure other things along the process, if you also want to know all about bitcoin investment before starting it's also left for you but the right thing to do is to get fucky started.

[PremiumcryptoHub]

when I was introduced into bitcoin investment, I can remember vividly that the person that introduced me to bitcoin made mention of the strategies that can be used in accumulating bitcoin, were he made mention of buying the dips as one of the strategies and he explained what bitcoin dips is.so i find it strange for someone who is investing in bitcoin to say that he is ignorant of what bitcoin dip is. Because I believe that knowing the strategies involved in accumulating bitcoin is one of the basic knowledge ones need before starting accumulating bitcoin.

Maybe that person was trying to convince you correctly about how promising Bitcoin investing is even the person who mentioned buying during the dip might have been wrong because I don't think any investor should be given that idea at an early stage. Moreover you mentioned here that gaining experience with Bitcoin deposit strategy is one of the basic knowledge before starting Bitcoin investment. I want to tell you that out of all the strategies for investing in Bitcoin, DCA is the simplest strategy, which we have seen for a long time. Because currently, when we look at the portfolios of some large Bitcoin holders we see that they are investing through DCA.

[Stormisover]

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave ,  why not take advantage of the market presented to you than waiting for the one that you are not sure of,  if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.

[GIF-JOBS]

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave ,  why not take advantage of the market presented to you than waiting for the one that you are not sure of,  if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.

The main point of DCA is to buy consistently, if you do not buy consistently, we cannot call it DCA. Now, if someone wants to buy DIP, then he has to keep a separate fund for that. However, in the case of DCA, there cannot be any weakness or irregularity in buying regularly. But in the case of a new investor, they often get scared because they do not understand the market fluctuations and hesitate to make the right decision. As a result, they often face losses. So you have to understand the right thing and think long-term. Many people have many mistakes in their thinking, they want to profit by using market fluctuations, but when they actually do it, they face real losses. So the wrong decision will lead people in the wrong direction, so from the First stage, think rightly and move forward using the right strategy.

[JayJuanGee]

You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.

Building up bitcoin knowledge before you start investing in bitcoin will not even save you from not selling off your bitcoin portfolio if there's a dump in bitcoin price. Even old investors who have built up knowledge about bitcoin ended up selling off their bitcoin portfolio before a dump could happen because they invested in bitcoin in the wrong way or aggressively, which put them in the position of not meeting up with their daily demands all the time. So even though you have good knowledge about bitcoin or not, before you start to invest in bitcoin, if you want to hold your bitcoin portfolio for a very long time, you have to invest in bitcoin in such a way that it will not stop you from sorting out your daily expenses all the time, and for you to do that, you have to use your discretionary income or the money you can afford to lose to invest in bitcoin since the money is not allocated to solve any of your daily expenses.

You are complicating the whole point you are trying to make, if I may ask how will someone that has a ground knowledge on what Bitcoin is all about and how it operates will invest what he can not afford to let go I mean that is really impossible because I haven't seen such case unless if the investor is a greedy investor that wants to make huge profit within a short period of time else someone with good knowledge of Bitcoin can not do that and they can not even sell unless they have been holding for years and maybe there portfolio is very handsome and if that is the case, them selling is not wrong because we can not keep storing forever without selling.

Whenever we are trying to describe various bitcoin investment principles and practices in general ways, there are going to be areas of interpretation, and also areas in which some folks may well decide to make differing choices, which may well turn them into a trader rather than an investor or to end up selling too much bitcoin too soon or maybe by screwing up their cashflow management, in terms of believing that they are merely investing aggressively, but they accidentally end up going overboard and investing from money that they actually needed for their expenses.

Each of us make these kinds of balances, and we are not necessarily going to agree what might be better practices in general ways or even what might be better practices if we might happen to know the individual circumstances of another person.

We can make some general statements about bitcoin being a superior asset, and we can also presume that many folks are not accustomed to making investments, so there is some learning that likely needs to take place and to be adapted to bitcoin.  We likely can presume that fairly early in their lives, many folks learn some forms of cashflow management in order to try to account for keeping their expenses within their income, and surely some folks have better cashflow management skills than other folks.. .

And so if many normal folks get into bitcoin, they may well need to buttress some of the skills that they may well already have in order to make sure that they account for bitcoin as a long term investment rather than as a trade  - even though surely some folks might come to bitcoin considering it as a trade, yet the more they learn about bitcoin, they might well end up coming to realize that since bitcoin is amongst the best of investments (if not the best investment), then they may well also end up coming to the conclusion that they would be better off to treat bitcoin as a long term investment of 4-10 years or longer, rather than treating it as a trade. 

Yeah.  Not  everyone is going to come to thinking about bitcoin  as a long term investment rather than a trade, and there are going to be varying degrees of benefit or even suffering that comes from the personal actions that come from their perspective  and also hopefully come from their learning  through practice and getting involved in bitcoin to actually learn what they may not know and clarify what they think that they know by putting investment into BTC into practice.

The current time is a period to buy more bitcoin, the greed index is still prevalent and everyone believes that the price of bitcoin will continue to rise, even those who sell now the intention that the price of bitcoin will decrease in the short term and is an opportunity to buy more bitcoin for the long term.
If you are an investor, it is an ideal opportunity to buy, and if you are in circulation, it is a good opportunity for sale and purchase at a cheaper price in the coming weeks.

When you have the money in your bank account, you can buy at anytime. There are some people who don't know that they suppose have the money in their bank account before waiting for the right period to come before they can buy BTC and hodl.

You can buy BTC at anytime from the market, when you are financial buoyant because the price of BTC will not remain in that particular price you buy the BTC, but if you don't have enough money with you, exercise patience for bear market to occur before you can buy BTC which is the best period for you, and it will give you opportunity to earn good profit in the future. At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

First of all, for some reason, you, Zanab247, are responding to a post that is about one year old, and so the market conditions right now are different from what they were in March 2024.

Also, even if we presume that you might have been engaging in a good faith discussion, there is no way for you to know whether right now the BTC prices are going to drop from here or not.  If you are a no coiner or a low coiner, it may well be advantageous for you to rush and to buy bitcoin as soon as possible, and to make sure that you have bitcoin buying systems in place to buy bitcoin as aggressively as you are able to accomplish, without overdoing it.

Now sure, with you Zanab247, you have had more than 4 years registered on the forum, and sure it could be possible that you have personally been able to invest aggressively during your first cycle in bitcoin, and you might have the luxury to wait for BTC price dips that may or may not end up happening. 

Personally, I tend to believe that most folks  are  still not even able to accumulate enough bitcoin in a full bitcoin cycle, even if they might have had been able to consistently be somewhat aggressive in their bitcoin accumulation.  Even if we take your case specifically, and if you had been able to invest somewhat aggressively at a rate of $200 per week since the beginning of November 2020, you would have had invested $45k  and accumulated 1.3 BTC, which surely might not be enough even if you might have relatively modest goals of wanting to achieve a passive income from your BTC of around $50k per year, which I would think that such a person with a goal of $50k per year, would still need to have around 10 BTC  in order to get to such status.. .at least currently.

Of course, it is possible for some folks to front-load their bitcoin investment and to make progress faster than other people, so there could  be some  circumstances in which a person who is merely just passing a full bitcoin cycle might have had been able to reach a bitcoin accumulation level in which it makes sense for him to wait for dips rather than just continuing to buy at these current prices that may well already be considered as dip prices (to the extent  that dip prices even should matter for no coiners and low coiners).

[adultcrypto]

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave ,  why not take advantage of the market presented to you than waiting for the one that you are not sure of,  if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.

The chances of waiting and not get the market back to certain lower prices is very high so to avoid missing out or impulsive buying due to being tired of waiting, I use combine DCA method and buying the dips. This way, I set my DCA purchase in motion irrespective of the market condition then ensure I always have surplus funds should the market gives me more opportunity in the form of dips, then I get more aggressive. So far this have been working fine for me and I think it is a good method anyone battling with the confusion you described can consider adopting.

I did some analysis and I realised that using this method from January till date have made me gain about 10% more bitcoin than I would have gotten assuming I used the DCA method alone. Although this wouldn't have been the case when market continue to trend without giving much deep corrections. The time the market dropped from over $100k to below $80k was the time I had the most buys and gained more bitcoin with both my DCA method and spot purchase at that point which I considered a dip which was from around $85k till market got to the bottom which I continued with the buying.

[liuka]

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave ,  why not take advantage of the market presented to you than waiting for the one that you are not sure of,  if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.

Building a portfolio certainly does not have to think about many strategies such as price movement analysis and waiting because the market cannot always be predicted correctly. In buying, too, if we have money today, then this is the right time to press the buy button.

Market conditions can be red and can be green, so don't be afraid to buy bitcoin because building a portfolio is not in a short time but takes a lot of time, also not with one purchase but requires a lot of accumulation in the specified target. Being a coward is certainly not the identity of an investor because the investor is ready for all the risks that occur.

[Umulala-alala]

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave ,  why not take advantage of the market presented to you than waiting for the one that you are not sure of,  if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.

The main point of DCA is to buy consistently, if you do not buy consistently, we cannot call it DCA. Now, if someone wants to buy DIP, then he has to keep a separate fund for that. However, in the case of DCA, there cannot be any weakness or irregularity in buying regularly. But in the case of a new investor, they often get scared because they do not understand the market fluctuations and hesitate to make the right decision. As a result, they often face losses. So you have to understand the right thing and think long-term. Many people have many mistakes in their thinking, they want to profit by using market fluctuations, but when they actually do it, they face real losses. So the wrong decision will lead people in the wrong direction, so from the First stage, think rightly and move forward using the right strategy.

The money you can use in buying bitcoin is your Discretionary income so keeping a separate money to buy during the dip which is not part of your Discretionary income could be wrong unless it is still from your Discretionary income but there is not reason to keep a separate money for buying the dip when the dca strategy is there because with this dca strategy you can be buying bitcoin consistently it doesn't stop you to buy even when the price is low, so with the dca strategy you can buy bitcoin even when the price is at dip or not.

[Joy- maker]

At this current price in the market, is not good to rush to the market to buy BTC now because it will still drop again to reach $70k within this month, which it will give many investors the opportunity to buy more.

I have seen much of the repeatation of this discussion and I believe it is only a stubborn fly that will follow the corpse to the grave ,  why not take advantage of the market presented to you than waiting for the one that you are not sure of,  if only anyone can understand what volatility means in the market I think waiting when you have your investment money available is a wrong decision especially when you knew you have little of Bitcoin in your portfolio. It is reasonablely practicable to buy the dip when preparations are made for it with a reserve funds while still Buying with the dca strategy because waiting for it may up in big regret.

The main point of DCA is to buy consistently, if you do not buy consistently, we cannot call it DCA. Now, if someone wants to buy DIP, then he has to keep a separate fund for that. However, in the case of DCA, there cannot be any weakness or irregularity in buying regularly. But in the case of a new investor, they often get scared because they do not understand the market fluctuations and hesitate to make the right decision. As a result, they often face losses. So you have to understand the right thing and think long-term. Many people have many mistakes in their thinking, they want to profit by using market fluctuations, but when they actually do it, they face real losses. So the wrong decision will lead people in the wrong direction, so from the First stage, think rightly and move forward using the right strategy.

The money you can use in buying bitcoin is your Discretionary income so keeping a separate money to buy during the dip which is not part of your Discretionary income could be wrongunless it is still from your Discretionary income but there is not reason to keep a separate money for buying the dip when the dca strategy is there because with this dca strategy you can be buying bitcoin consistently it doesn't stop you to buy even when the price is low, so with the dca strategy you can buy bitcoin even when the price is at dip or not.

keeping a separate money to buy bitcoin during the DIP is not a wrong decision, you can still accumulate bitcoin using the DCA method with your discretionary, and still keep a separate money to buy bitcoin during the DIP, it doesn't not matter provided you are buying bitcoin to hold for a long period of time.