Buy Buy Buy or Sell Sell Sell?

[tiCeR]

...

Sometimes non-urgent matters can send you a warning that you better be careful about how much you put into bitcoin, because sometimes things happen... and for example, you might have been using a computer and phone as your main communication devices, and they are used for work and for pleasure.  You might even have a back up computer that can serve some purposes, but your back up computer is inadequate for your main purposes, and if your computer breaks down or gets stolen, then maybe you have back up files, but you still need your computer in order to do the work, so all of a sudden you have an expense that was a bit outside of your expectations, but if you don't replace the computer, you are going to be less efficient in your work and you might even lose income based on your lower efficiency.  So you may well end up having to dip into both your back up funds and your emergency funds, and you find that the replacement of the computer taught you a lesson about how much back up funds that you needed to have available, and surely you will be lucky if you are able to replace your emergency funds and back up funds within a few months and before another emergency happens, since you might imagine that when you deploy money from your emergency funds and back up funds, that money is no longer available and has to be replaced to merely get you back to the point that you were prior to your computer breaking down.  You also might realize that you have aspects of your data back up system that are inadequate, so maybe you have to buy another back up disk or some other extra expense that came to your attention ONLY after you had gone through the broken computer situation.

Like you mentioned, some expenses might be deferrable like maybe you need to get the computer right away, within a few days, but the back up disk (system) can wait for several weeks, even though you consider it as a needed upgrade, you have a currently working system in place, even though you came to realize that your current system is not adequate.

If we take the example of a laptop that could be stolen or could break, I understand that some people don't want to put aside money first until they have the amount saved to buy a new one just in case because this might take them a lot of time. I have been in the situation when I had to decide to either buy bitcoin or wait once again and feel bad about it. I took the risk at times and I admit it didn't always play out very well. This was especially the case when bitcoin was brand new and the volatility was a roller coaster and far more significant than now because it felt like a missed opportunity several times a month. Maybe an insurance on a laptop can make sense as it would allow to split funds into buying bitcoin and being insured against the worst case scenario.

This example could initiate that people thoroughly think through their worst case potential. Do they need a car? Can they compensate for a broken car with public transport? What about the washing machine, is there a saloon around the corner? Insure the laptop, how long would it take to get a new device or a temporary substitute? What about a sudden incident that has me to go to the dentist and receive a considerable invoice? Am I eligible for a loan for my next tuition fee just in case?

It depends on the age as well. Getting over insurance and loans at a higher age at too high cost makes less sense than it does for a young guy who can get cheaper insurance because of being younger and being able to pay back student loans at cheaper rates. I know that loans aren't often times the best solution, but sometimes they maybe. If someone were to first save all tuition fees and then invest into bitcoin, I think we can agree that this could be the beginning of the end of those investment plans given how high tuition fees can be. I don't want to discuss whether an academic degree makes sense or not, that is for another discussion. I am just trying to say that if someone goes through the worst case scenarios thoroughly, many solutions can be developed beforehand that then allow someone to still take part in bitcoin as an investor. But it takes some time and effort and foresight and honesty to get a proper picture of one's own worst case profile and then some creativity to develop solutions beforehand.

[ZeroVinsonN]

Sometimes non-urgent matters can send you a warning that you better be careful about how much you put into bitcoin, because sometimes things happen... and for example, you might have been using a computer and phone as your main communication devices, and they are used for work and for pleasure.  You might even have a back up computer that can serve some purposes, but your back up computer is inadequate for your main purposes, and if your computer breaks down or gets stolen, then maybe you have back up files, but you still need your computer in order to do the work, so all of a sudden you have an expense that was a bit outside of your expectations, but if you don't replace the computer, you are going to be less efficient in your work and you might even lose income based on your lower efficiency.  So you may well end up having to dip into both your back up funds and your emergency funds, and you find that the replacement of the computer taught you a lesson about how much back up funds that you needed to have available, and surely you will be lucky if you are able to replace your emergency funds and back up funds within a few months and before another emergency happens, since you might imagine that when you deploy money from your emergency funds and back up funds, that money is no longer available and has to be replaced to merely get you back to the point that you were prior to your computer breaking down.  You also might realize that you have aspects of your data back up system that are inadequate, so maybe you have to buy another back up disk or some other extra expense that came to your attention ONLY after you had gone through the broken computer situation.

Like you mentioned, some expenses might be deferrable like maybe you need to get the computer right away, within a few days, but the back up disk (system) can wait for several weeks, even though you consider it as a needed upgrade, you have a currently working system in place, even though you came to realize that your current system is not adequate.

That’s true you won’t have any choice than to quickly take care of the system expenses because is something you need to work and to earn some income , so that’s something you won’t want to delay , now in scenario whereby one didn’t bother to have an emergency funds due to poor planning and stuff , so instance such expenses comes up and he funds wasn’t enough to handle the expenses such individual won’t have any choice but to temper with his bitcoin , to take care of such expenses, I know that there can be some emergency that may lead to one selling from their bitcoin without thinking twice like life threatening emergency, that’s why we have to focus on building a better emergency and back up funds because this how the little challenge we gonna face as an investor.

Investment entirely is all about planning and calculation so failure to plan and calculate will result to unfinished or unsuccessful investment. Having your emergency, discretionary etc in place doesn't guarantee successful investment because even after keeping all these in place if you don't plan and calculate on how to use each of them you will still end up making a mistake in your investment, real investors plan and calculate ahead of things that are yet to come because definitely there will be a challenge so before those challenge will come, they have already gotten solution for it.

Thinking ahead and preparing for potential roadblocks is a sign of a good investor, success is never a guarantee and one should be prepared for emergencies that might arise when they are still in their investment timeframe, that why aside from discretionary funds an investor should always have an emergency saving ready at all times to be able to handle certain emergency that comes up, an investor will always be thinking of solutions to problems that might try to hinder the progress of their investment and put strategic measures in place to handle them.
Bitcoin market is also very volatile and unpredictable, so an investor should also have mental plans on how to handle sharp changes in price in order for them to not sell out early out of fear, a calculative investor understands this and is ever ready to face such challenges.

[Derekfunds]

Sometimes non-urgent matters can send you a warning that you better be careful about how much you put into bitcoin, because sometimes things happen... and for example, you might have been using a computer and phone as your main communication devices, and they are used for work and for pleasure.  You might even have a back up computer that can serve some purposes, but your back up computer is inadequate for your main purposes, and if your computer breaks down or gets stolen, then maybe you have back up files, but you still need your computer in order to do the work, so all of a sudden you have an expense that was a bit outside of your expectations, but if you don't replace the computer, you are going to be less efficient in your work and you might even lose income based on your lower efficiency.  So you may well end up having to dip into both your back up funds and your emergency funds, and you find that the replacement of the computer taught you a lesson about how much back up funds that you needed to have available, and surely you will be lucky if you are able to replace your emergency funds and back up funds within a few months and before another emergency happens, since you might imagine that when you deploy money from your emergency funds and back up funds, that money is no longer available and has to be replaced to merely get you back to the point that you were prior to your computer breaking down.  You also might realize that you have aspects of your data back up system that are inadequate, so maybe you have to buy another back up disk or some other extra expense that came to your attention ONLY after you had gone through the broken computer situation.

Like you mentioned, some expenses might be deferrable like maybe you need to get the computer right away, within a few days, but the back up disk (system) can wait for several weeks, even though you consider it as a needed upgrade, you have a currently working system in place, even though you came to realize that your current system is not adequate.

That’s true you won’t have any choice than to quickly take care of the system expenses because is something you need to work and to earn some income , so that’s something you won’t want to delay , now in scenario whereby one didn’t bother to have an emergency funds due to poor planning and stuff , so instance such expenses comes up and he funds wasn’t enough to handle the expenses such individual won’t have any choice but to temper with his bitcoin , to take care of such expenses, I know that there can be some emergency that may lead to one selling from their bitcoin without thinking twice like life threatening emergency, that’s why we have to focus on building a better emergency and back up funds because this how the little challenge we gonna face as an investor.

Investment entirely is all about planning and calculation so failure to plan and calculate will result to unfinished or unsuccessful investment. Having your emergency, discretionary etc in place doesn't guarantee successful investment because even after keeping all these in place if you don't plan and calculate on how to use each of them you will still end up making a mistake in your investment, real investors plan and calculate ahead of things that are yet to come because definitely there will be a challenge so before those challenge will come, they have already gotten solution for it.

Thinking ahead and preparing for potential roadblocks is a sign of a good investor, success is never a guarantee and one should be prepared for emergencies that might arise when they are still in their investment timeframe, that why aside from discretionary funds an investor should always have an emergency saving ready at all times to be able to handle certain emergency that comes up, an investor will always be thinking of solutions to problems that might try to hinder the progress of their investment and put strategic measures in place to handle them.
Bitcoin market is also very volatile and unpredictable, so an investor should also have mental plans on how to handle sharp changes in price in order for them to not sell out early out of fear, a calculative investor understands this and is ever ready to face such challenges.

Yes the market is very volatile and unpredictable but as an investor you don't have any business with predicting the market because that is what traders does, so any investor that is predicting the market has the intention and motive to sell very quickly (short term). An investor already knew that the market is not only going in one direction that is why they are investing for a long period of time so that no matter the fluctuation, Bitcoin will get to a better position before that interval of time.

[JayJuanGee]

...

Sometimes non-urgent matters can send you a warning that you better be careful about how much you put into bitcoin, because sometimes things happen... and for example, you might have been using a computer and phone as your main communication devices, and they are used for work and for pleasure.  You might even have a back up computer that can serve some purposes, but your back up computer is inadequate for your main purposes, and if your computer breaks down or gets stolen, then maybe you have back up files, but you still need your computer in order to do the work, so all of a sudden you have an expense that was a bit outside of your expectations, but if you don't replace the computer, you are going to be less efficient in your work and you might even lose income based on your lower efficiency.  So you may well end up having to dip into both your back up funds and your emergency funds, and you find that the replacement of the computer taught you a lesson about how much back up funds that you needed to have available, and surely you will be lucky if you are able to replace your emergency funds and back up funds within a few months and before another emergency happens, since you might imagine that when you deploy money from your emergency funds and back up funds, that money is no longer available and has to be replaced to merely get you back to the point that you were prior to your computer breaking down.  You also might realize that you have aspects of your data back up system that are inadequate, so maybe you have to buy another back up disk or some other extra expense that came to your attention ONLY after you had gone through the broken computer situation.

Like you mentioned, some expenses might be deferrable like maybe you need to get the computer right away, within a few days, but the back up disk (system) can wait for several weeks, even though you consider it as a needed upgrade, you have a currently working system in place, even though you came to realize that your current system is not adequate.

If we take the example of a laptop that could be stolen or could break, I understand that some people don't want to put aside money first until they have the amount saved to buy a new one just in case because this might take them a lot of time. I have been in the situation when I had to decide to either buy bitcoin or wait once again and feel bad about it. I took the risk at times and I admit it didn't always play out very well. This was especially the case when bitcoin was brand new and the volatility was a roller coaster and far more significant than now because it felt like a missed opportunity several times a month. Maybe an insurance on a laptop can make sense as it would allow to split funds into buying bitcoin and being insured against the worst case scenario.

Of course, some kinds of expenses are more foreseeable than others, and even getting into a car accident can cause expenses that go beyond anything that insurance might cover, or also sometimes the insurance might not pay right away, so there may be needs to cover costs while the insurance claim is being processed.. and sure computers will have warranties against defects but not against theft (or carelessness). .. so sometimes payments could be spread out, but then spreading out payments might incur extra costs that might not be worth it.. and yeah sometimes the insurance on computers might be quite expensive, and so we end up paying even more, even though some of the insurance policies might also cover theft.

It can be difficult to figure out all of the balances, and I think that part of the point that I was attempting to make from the beginning was that in our earlier stages of bitcoin investment, we might have more challenges figuring out how much cash that we might need to keep on hand versus how much we want to have in bitcoin and surely it seems that the longer that we are in bitcoin, the more we might realize that we are able to (because we have likely become richer) and we should keep larger cash amounts on hand in various forms, and surely one of the justifications of diversification is so that we can still have emergency funds and back up funds in forms that are other than cash, and those other forms of holding value will earn money but they won't be cash and they won't be bitcoin, yet they might be higher on the list of priorities of resources to be able to tap into, in the event of an emergency rather than tapping into our bitcoin...

This example could initiate that people thoroughly think through their worst case potential. Do they need a car? Can they compensate for a broken car with public transport? What about the washing machine, is there a saloon around the corner? Insure the laptop, how long would it take to get a new device or a temporary substitute? What about a sudden incident that has me to go to the dentist and receive a considerable invoice? Am I eligible for a loan for my next tuition fee just in case?

Surely, within our own circumstances, we always have to consider what our various expenses would be.  I recall that when I was in university, I had a car, motorcycle and bicycle, and so surely it was more expensive to maintain a car and a motorcycle, yet I thought that they brought me value too, since I could go shopping for food at places that were further away from the university which would save me a lot of money as compared to the various costs near the university.  I usually would live 1-2 miles away from the university, too, which was less expensive than living right next to the university.  So I could walk if I had to, but most of the time I road my bicycle or my motorcycle, yet if it was raining, then I would tend to use my car... but yeah, some students could not afford to have a car, but then some of them had better social lives because they lived in various kinds of student housing rather than being at a distance from the university as I tended to be.   

Your bringing up loans, and surely loans can be used, especially if the terms are reasonable, yet they can also add up.  I had incurred quite a bit of debt as a student, yet I also would have had never been able to earn as much money (after college) if I had not been able to get the education that I got, had the right activities on my resume and also abilities to talk about experiences and even get experiences, such as internships (and exposure) that I would not have had been able to get if I had not gone to university. 

It depends on the age as well. Getting over insurance and loans at a higher age at too high cost makes less sense than it does for a young guy who can get cheaper insurance because of being younger and being able to pay back student loans at cheaper rates. I know that loans aren't often times the best solution, but sometimes they maybe. If someone were to first save all tuition fees and then invest into bitcoin, I think we can agree that this could be the beginning of the end of those investment plans given how high tuition fees can be.

Choices of young people are not easy in regards to which kinds of degrees that they might consider, what kinds of education might be helpful to future income versus costs.  Of course, I personally put a pretty high value on my own learning process, since I had tried learning some subjects outside of the university, and I think that for me, the university helped me to learn how to learn, even though I probably could have been more efficient in my studies, too.  It can be quite difficult to determine various routes that could have had been taken as compared with the routes that were actually taken.  Surely the variables and the options change including considering the value of in person education versus learning online, and maybe these days there would be some value in learning about topics related to bitcoin as contrasted with my own more softer skills kind of an education..  Yet technical skills and computer skills have frequently been more employable than softer skills.

I don't want to discuss whether an academic degree makes sense or not, that is for another discussion. I am just trying to say that if someone goes through the worst case scenarios thoroughly, many solutions can be developed beforehand that then allow someone to still take part in bitcoin as an investor. But it takes some time and effort and foresight and honesty to get a proper picture of one's own worst case profile and then some creativity to develop solutions beforehand.

Learning how to be an investor can take time, since we can end up getting distracted into shitcoins and/or trading.. and so yeah, if a young person is still in the process of building job skills and he really does not have a lot of discretionary income, then he might have troubles investing into bitcoin with whatever discretionary income that he has, and so if he might be getting closer to having had gone through college or some kinds of technical training that he is able to get work and an income that gives him discretionary income, then he puts himself into a better position to both add to his bitcoin investment and/or to hold onto whatever bitcoin he had been able to accumulate over the years.. .I surely am not against the idea that guys might not have much or any discretionary income if they are in the process of building their skills and knowledge through college or some other form of further education, which can take from their time, energies and monetary value, but at the same time, if they are either studying topics that relate to bitcoin or they are able to study bitcoin as a way to supplement their study of other topics, then they can still find ways to fit bitcoin within their journey, even if they might not have a lot of time, money or energies that they are currently able to invest into bitcoin.

[Tamaperdana]

Is not wrong when you have the capacity to make it happen for the profit to come quickly

Once someone starts thinking they can make a quick profit from Bitcoin investment, they will not be called an investor but rather a trader. This is because only traders always have the mindset of making it happen quickly, while investors don’t usually have that type of mindset but focus on how they will continue accumulating.to be honest, once someone wants to make quick money from Bitcoin, they are setting a trap for themselves and at end they will fall on the trap. This mindset often leads to losing funds easily.The best approach is to invest and be ready to hold your Bitcoin for the long term because a long term perspective looks promising, given that Bitcoin price is expected to go higher over time. Many people have lost money in Bitcoin simply because they tried to outsmart the market and make quick profits, but it didn’t work as they had planned.

In fact, until now there are still many people who seem to have a slightly narrower mindset where they only want to be in bitcoin with the hope of instant wealth that they can get which in the end actually destroys their own expectations.
In addition, for now, sometimes there are also quite a few people who consider themselves investors but the actions they take actually lead to traders because their understanding is not very good so that they always overlap and equate traders and investors as the same even though it is clear that we must be able to separate it because even though the scope is the same, traders are not investors and vice versa.

Many people are now mistaken in considering themselves investors but they sometimes do not reflect an investor because they only expect profit and sell their bitcoins even though the profit is only a few percent of the amount they bought and then proudly say that they are successful investors because of that.

There are indeed many people like that nowadays, because it is undeniable that not everyone is interested in investing and is more interested in trading bitcoin. However, what makes me a bit confused is that there are still many people who consider themselves investors, when in fact they are traders. So I can't really understand people like that, even though basically it will not harm us as bitcoin investors. However, I personally regret it if their time is wasted just for trading bitcoin. Because if you think about it again, if for example you trade bitcoin for 10 years in a row and invest in bitcoin with the 10-year DCA method too, I am sure investing with DCA will be more profitable than trading. Because when trading, it can be said like this, "today you can profit and in the next few days you can get a bigger loss".

That's why for traders who see this thread, try to realize your mind, because trading takes up a lot of your time. So it's better to invest with DCA in bitcoin, because it doesn't take up much time. So the time you have can be used for other things that can generate additional income. And don't be fooled by trading that is touted to be able to get quick profits, because in my opinion that is not true. Therefore, be a smart person and don't be fooled by the name of trading.

[Futurexxx]

Is not wrong when you have the capacity to make it happen for the profit to come quickly

Once someone starts thinking they can make a quick profit from Bitcoin investment, they will not be called an investor but rather a trader. This is because only traders always have the mindset of making it happen quickly, while investors don’t usually have that type of mindset but focus on how they will continue accumulating.to be honest, once someone wants to make quick money from Bitcoin, they are setting a trap for themselves and at end they will fall on the trap. This mindset often leads to losing funds easily.The best approach is to invest and be ready to hold your Bitcoin for the long term because a long term perspective looks promising, given that Bitcoin price is expected to go higher over time. Many people have lost money in Bitcoin simply because they tried to outsmart the market and make quick profits, but it didn’t work as they had planned.

In fact, until now there are still many people who seem to have a slightly narrower mindset where they only want to be in bitcoin with the hope of instant wealth that they can get which in the end actually destroys their own expectations.
In addition, for now, sometimes there are also quite a few people who consider themselves investors but the actions they take actually lead to traders because their understanding is not very good so that they always overlap and equate traders and investors as the same even though it is clear that we must be able to separate it because even though the scope is the same, traders are not investors and vice versa.

Many people are now mistaken in considering themselves investors but they sometimes do not reflect an investor because they only expect profit and sell their bitcoins even though the profit is only a few percent of the amount they bought and then proudly say that they are successful investors because of that.

That's why for traders who see this thread, try to realize your mind, because trading takes up a lot of your time. So it's better to invest with DCA in bitcoin, because it doesn't take up much time. So the time you have can be used for other things that can generate additional income. And don't be fooled by trading that is touted to be able to get quick profits, because in my opinion that is not true. Therefore, be a smart person and don't be fooled by the name of trading.

The actual fact is that even traders knows that investing in Bitcoin is more reliable and more safer than trading, but due to the fact that they want to make quick money, they just can't wait for any investment because they are only thinking of making quick money, not that they are not aware of the risk in the market, they are aware, but what most traders have fail to understand is that you can't outsmart the market, even the most potent traders still lose money in the market at some point, these alone shows that trading is not that easy as most of these influencer makes it looks like, it's only those that have tested it and have experience losses first hand, those are the ones that truly knows that it's not easy as they make it looks like.

While in the case of Bitcoin investment, anyone can partake in it and be a success, as long as the person in question has the will to invest, then after that he has a source of income coming in, them he is good to go, along the line he can start stacking up his emergency fund so that if their is any emergency situation in the future, that emergency fund he has been saving up is going to protect his investment, because he wouldn't have to temper with his investment due to the availability of his emergency funds.

[Cgrexp]

This situation is very common because in a volatile market like Bitcoin, price fluctuations often occur. The market situation we are in is very volatile at the moment. The Bitcoin graph shows that today, March 25, the price of Bitcoin was $88k at the beginning of the day, but it decreased to $87k at the end of the day. Such fluctuations in price will continue, but it is very important to maintain patience and a long-term perspective while investing. If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.

[len01]

The actual fact is that even traders knows that investing in Bitcoin is more reliable and more safer than trading,

There is no guarantee of safer for investing or trading in bitcoin. Unless they know the risks of both.

but due to the fact that they want to make quick money, they just can't wait for any investment because they are only thinking of making quick money, not that they are not aware of the risk in the market, they are aware, but what most traders have fail to understand is that you can't outsmart the market, even the most potent traders still lose money in the market at some point, these alone shows that trading is not that easy as most of these influencer makes it looks like, it's only those that have tested it and have experience losses first hand, those are the ones that truly knows that it's not easy as they make it looks like.

Good point, but it really all depends on each person's mindset and we can't force traders to choose long term investment to save their budget on bitcoin.
I have an assumption that a trader only has a limited budget for long-term investment and chooses to trade to get faster profits. On the one hand, a trader considers trading a job to get daily profits. While investing in bitcoin, it takes a long time to get big profits in the future. That is the reason why traders choose to trade rather than invest.

[Zackz5000]

This situation is very common because in a volatile market like Bitcoin, price fluctuations often occur. The market situation we are in is very volatile at the moment. The Bitcoin graph shows that today, March 25, the price of Bitcoin was $88k at the beginning of the day, but it decreased to $87k at the end of the day. Such fluctuations in price will continue, but it is very important to maintain patience and a long-term perspective while investing. If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.

That act in your last sentence is actually trading/gambling carefully observe the market fluctuate and then make a decision is seen as waiting for the market to go dip or monitoring the price to dip before you can accumulate Bitcoin, accumulating bitcoin and hodl for a longer time of 4-10 years is how bitcoin investment is supposed to be approch waiting for the dip sometimes you won't get your dip target so accumulating Bitcoin using the DCA keep you away from observing or monitoring the market before accumulating Bitcoin since also investing for a longer time with the DCA strategy an investor can accumulate at any price level either weekly or monthly until you have accumulated enough Bitcoin than observing when the market is dip before accumulating Bitcoin.

[iamsange]

This situation is very common because in a volatile market like Bitcoin, price fluctuations often occur. The market situation we are in is very volatile at the moment. The Bitcoin graph shows that today, March 25, the price of Bitcoin was $88k at the beginning of the day, but it decreased to $87k at the end of the day. Such fluctuations in price will continue, but it is very important to maintain patience and a long-term perspective while investing. If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.

Those who often observe the price in a matter of days are traders who are turning their money for a small profit, while Bitcoin investors do not often see this because their goal is for long-term investment so they are not too worried about the situation and also never consider price fluctuations as an obstacle to their investment plan. And if you want to be an investor in Bitcoin, of course you don't have to pay attention to it all the time because you only need to prepare funds to continue buying for your investment plan in the future. Moreover, if you are willing to be patient while making accumulations to increase the amount of Bitcoin in your own wallet, it will certainly be very good for you personally because you will be luckier when Bitcoin experiences an increase in price in the market.

[SuperBitMan]

Is not wrong when you have the capacity to make it happen for the profit to come quickly

Once someone starts thinking they can make a quick profit from Bitcoin investment, they will not be called an investor but rather a trader. This is because only traders always have the mindset of making it happen quickly, while investors don’t usually have that type of mindset but focus on how they will continue accumulating.to be honest, once someone wants to make quick money from Bitcoin, they are setting a trap for themselves and at end they will fall on the trap. This mindset often leads to losing funds easily.The best approach is to invest and be ready to hold your Bitcoin for the long term because a long term perspective looks promising, given that Bitcoin price is expected to go higher over time. Many people have lost money in Bitcoin simply because they tried to outsmart the market and make quick profits, but it didn’t work as they had planned.

In fact, until now there are still many people who seem to have a slightly narrower mindset where they only want to be in bitcoin with the hope of instant wealth that they can get which in the end actually destroys their own expectations.
In addition, for now, sometimes there are also quite a few people who consider themselves investors but the actions they take actually lead to traders because their understanding is not very good so that they always overlap and equate traders and investors as the same even though it is clear that we must be able to separate it because even though the scope is the same, traders are not investors and vice versa.

Many people are now mistaken in considering themselves investors but they sometimes do not reflect an investor because they only expect profit and sell their bitcoins even though the profit is only a few percent of the amount they bought and then proudly say that they are successful investors because of that.

There are indeed many people like that nowadays, because it is undeniable that not everyone is interested in investing and is more interested in trading bitcoin. However, what makes me a bit confused is that there are still many people who consider themselves investors, when in fact they are traders. So I can't really understand people like that, even though basically it will not harm us as bitcoin investors. However, I personally regret it if their time is wasted just for trading bitcoin. Because if you think about it again, if for example you trade bitcoin for 10 years in a row and invest in bitcoin with the 10-year DCA method too, I am sure investing with DCA will be more profitable than trading. Because when trading, it can be said like this, "today you can profit and in the next few days you can get a bigger loss".

That's why for traders who see this thread, try to realize your mind, because trading takes up a lot of your time. So it's better to invest with DCA in bitcoin, because it doesn't take up much time. So the time you have can be used for other things that can generate additional income. And don't be fooled by trading that is touted to be able to get quick profits, because in my opinion that is not true. Therefore, be a smart person and don't be fooled by the name of trading.

Bitcoin trading is very risky but if any newbie wants to try it out, do it with a very small amount of money so you can really see for yourself why I'm saying is very risky, if you have no idea about how risky it can't be just imagine gambling in gambling you predict games and if it play according to your prediction you win money and if it those not you lose money that is an example of Bitcoin trading if you predict the at come of Bitcoin market price in a very short time and it comes out as predicted you win money but if you don't you lose money and we all know that Bitcoin is very volatile in nature and this is why I say is very risky one really can't tell for sure how the Bitcoin price will be for a short period of time and that is why accumulating and holding for a long term is always recommended because is less risky there's risk in long term investment but is very low unlike trading because bitcoin volatility those not affect bitcoin growth if you check the chart of Bitcoin growth you will discover that it was going up and down in price but as time goes on it was growing long time is the only thing that can defeat bitcoin volatility.

[Btcdeybodi]

Is not wrong when you have the capacity to make it happen for the profit to come quickly

Once someone starts thinking they can make a quick profit from Bitcoin investment, they will not be called an investor but rather a trader. This is because only traders always have the mindset of making it happen quickly, while investors don’t usually have that type of mindset but focus on how they will continue accumulating.to be honest, once someone wants to make quick money from Bitcoin, they are setting a trap for themselves and at end they will fall on the trap. This mindset often leads to losing funds easily.The best approach is to invest and be ready to hold your Bitcoin for the long term because a long term perspective looks promising, given that Bitcoin price is expected to go higher over time. Many people have lost money in Bitcoin simply because they tried to outsmart the market and make quick profits, but it didn’t work as they had planned.

In fact, until now there are still many people who seem to have a slightly narrower mindset where they only want to be in bitcoin with the hope of instant wealth that they can get which in the end actually destroys their own expectations.
In addition, for now, sometimes there are also quite a few people who consider themselves investors but the actions they take actually lead to traders because their understanding is not very good so that they always overlap and equate traders and investors as the same even though it is clear that we must be able to separate it because even though the scope is the same, traders are not investors and vice versa.

Many people are now mistaken in considering themselves investors but they sometimes do not reflect an investor because they only expect profit and sell their bitcoins even though the profit is only a few percent of the amount they bought and then proudly say that they are successful investors because of that.

Yes you have stated the fact and that is just the mindset of many investors, they sometimes do what traders does but the reason why they try to exonerate themselves from traders is that they have a shallow understanding that if they can HODL for like a year before they sell that it won't be considered as trading but they forgot to know that the only way they can be fulfilled while investing in bitcoin is to hold for long at least for a whole cycle of 4 years and above, although 4 years investment can only be considered as a fairly long term investment otherwise a long term investment is supposed to take at least 2 cycles of 8 years and above.

It is important to understand the real concept of investing in bitcoin and not just invest because others are investing or do what others does. investing in bitcoin requires removing trading mentality all in the name of investment because if they remove that trading mentality, they will encounter the beauty of investing than trading because most of those that will chose trading might fall out along the line due to losses and mismanagement of funds while someone who is investing have his assets intact in his custody while waiting for the appropriate time to take profits after acquiring satisfactory amount in his portfolio.

[Sim_card]

If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.

For how long will you observe the market and keep wasting time all in the name of studying the market which is impossible. Bitcoin price is unpredictable and no one can know the next price of movement right. You cannot outsmart the market. It's wrong for someone who has good plans for his future with bitcoin to go into trading for short-term profits. The probability of you running at loss is higher than making profits.

A new investor should invest in bitcoin for a long-term and stay focus on building and growing his bitcoin investment for 4-10 years and above with DCA method. DCA will allow you to buy bitcoin every week with part of your discretionary income that will enable you keep your bitcoin investment ongoing by buying regularly, consistently and persistently.

Take your time to save your discretionary income in bitcoin for your future, so that in future, your bitcoin investment will save you from living poor at old age. When you fail to understand this, you have already failed your future.

[laijsica]

This situation is very common because in a volatile market like Bitcoin, price fluctuations often occur. The market situation we are in is very volatile at the moment. The Bitcoin graph shows that today, March 25, the price of Bitcoin was $88k at the beginning of the day, but it decreased to $87k at the end of the day. Such fluctuations in price will continue, but it is very important to maintain patience and a long-term perspective while investing. If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.

Trying to understand the value of Bitcoin with discretion will make you more knowledgeable and will motivate you to invest. If you initially understand that the Bitcoin market is volatile, then you can pass the initial stage of knowledge for you. The next step is to start investing in Bitcoin with a small deposit, any amount of dollars, such as $ 10 at the beginning. As you become knowledgeable about Bitcoin and gain experience, as well as market analysis increase the amount of Bitcoin accumulation. Yes, patience is one of the key elements in investing and trying to increase alternative income for investment and accumulation Bitcoin continuously with the help of disposable income. In the fluctuations of the worth of Bitcoin positive success can come from investing and regardless of the price and by keeping your tongue wet through continuous buying.

[Derekfunds]

This situation is very common because in a volatile market like Bitcoin, price fluctuations often occur. The market situation we are in is very volatile at the moment. The Bitcoin graph shows that today, March 25, the price of Bitcoin was $88k at the beginning of the day, but it decreased to $87k at the end of the day. Such fluctuations in price will continue, but it is very important to maintain patience and a long-term perspective while investing. If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.

Those who often observe the price in a matter of days are traders who are turning their money for a small profit, while Bitcoin investors do not often see this because their goal is for long-term investment so they are not too worried about the situation and also never consider price fluctuations as an obstacle to their investment plan. And if you want to be an investor in Bitcoin, of course you don't have to pay attention to it all the time because you only need to prepare funds to continue buying for your investment plan in the future. Moreover, if you are willing to be patient while making accumulations to increase the amount of Bitcoin in your own wallet, it will certainly be very good for you personally because you will be luckier when Bitcoin experiences an increase in price in the market.

Observing the market is quite different from analyzing and studying the market and so not only traders observe market even investors do observe the market so don't get it twisted. Traders turning there money into a small profit is not as easy as you saying it, they don't turn there money into small profit rather they intend to...,  that is they only have that in mind but making the small profit is not easy it is possible that before they will even make the small profit they might have spend more than the profit they will get. So, instead of making losses before getting a profit while not just keep accumulating little by little for a long period of time and perish the thought of small profit which is not even certain.

[asarfiar]

Is not wrong when you have the capacity to make it happen for the profit to come quickly

Once someone starts thinking they can make a quick profit from Bitcoin investment, they will not be called an investor but rather a trader. This is because only traders always have the mindset of making it happen quickly, while investors don’t usually have that type of mindset but focus on how they will continue accumulating.to be honest, once someone wants to make quick money from Bitcoin, they are setting a trap for themselves and at end they will fall on the trap. This mindset often leads to losing funds easily.The best approach is to invest and be ready to hold your Bitcoin for the long term because a long term perspective looks promising, given that Bitcoin price is expected to go higher over time. Many people have lost money in Bitcoin simply because they tried to outsmart the market and make quick profits, but it didn’t work as they had planned.

In fact, until now there are still many people who seem to have a slightly narrower mindset where they only want to be in bitcoin with the hope of instant wealth that they can get which in the end actually destroys their own expectations.
In addition, for now, sometimes there are also quite a few people who consider themselves investors but the actions they take actually lead to traders because their understanding is not very good so that they always overlap and equate traders and investors as the same even though it is clear that we must be able to separate it because even though the scope is the same, traders are not investors and vice versa.

Many people are now mistaken in considering themselves investors but they sometimes do not reflect an investor because they only expect profit and sell their bitcoins even though the profit is only a few percent of the amount they bought and then proudly say that they are successful investors because of that.

Investors forget one more thing, they think they are unstable immediately after investing Bitcoin, the price will be higher than the price of buying a little. Investors should understand that prices may rise in a short time and decrease, so this decision cannot be made now that Bitcoin will have to be sold because he gets good prices. That's itNature is usually noticed by traders, they invest in Bitcoin only in the hope of making a profit, and they sell them if they get a little better profit. Although some investors want to complete the investment process for a long time, they also sell when they see a slight price high. All thisThe investor is not the actual investor, they are usually looking for opportunities.

You need to make yourself first to invest in Bitcoin, if not mentally and economically, then you will not enjoy the original investment of Bitcoin. Those who are afraid of Bitcoin's instability can never be a real Bitcoin investor. If you come in contact with them, they are manyThe confusing can speak that Bitcoin will push you away from long -term investment. So keep yourself safe as far as possible from them and continue the investment activities for a long time, the result of patience is suitable.

[I_Anime]

Sometimes non-urgent matters can send you a warning that you better be careful about how much you put into bitcoin, because sometimes things happen... and for example, you might have been using a computer and phone as your main communication devices, and they are used for work and for pleasure.  You might even have a back up computer that can serve some purposes, but your back up computer is inadequate for your main purposes, and if your computer breaks down or gets stolen, then maybe you have back up files, but you still need your computer in order to do the work, so all of a sudden you have an expense that was a bit outside of your expectations, but if you don't replace the computer, you are going to be less efficient in your work and you might even lose income based on your lower efficiency.  So you may well end up having to dip into both your back up funds and your emergency funds, and you find that the replacement of the computer taught you a lesson about how much back up funds that you needed to have available, and surely you will be lucky if you are able to replace your emergency funds and back up funds within a few months and before another emergency happens, since you might imagine that when you deploy money from your emergency funds and back up funds, that money is no longer available and has to be replaced to merely get you back to the point that you were prior to your computer breaking down.  You also might realize that you have aspects of your data back up system that are inadequate, so maybe you have to buy another back up disk or some other extra expense that came to your attention ONLY after you had gone through the broken computer situation.

Like you mentioned, some expenses might be deferrable like maybe you need to get the computer right away, within a few days, but the back up disk (system) can wait for several weeks, even though you consider it as a needed upgrade, you have a currently working system in place, even though you came to realize that your current system is not adequate.

That’s true you won’t have any choice than to quickly take care of the system expenses because is something you need to work and to earn some income , so that’s something you won’t want to delay , now in scenario whereby one didn’t bother to have an emergency funds due to poor planning and stuff , so instance such expenses comes up and he funds wasn’t enough to handle the expenses such individual won’t have any choice but to temper with his bitcoin , to take care of such expenses, I know that there can be some emergency that may lead to one selling from their bitcoin without thinking twice like life threatening emergency, that’s why we have to focus on building a better emergency and back up funds because this how the little challenge we gonna face as an investor.

Whenever anyone really learns about bitcoin, they develop motives to buy as much of it as they can, and they want to put their money to work.  

Frequently the newbie investors underallocate to emergency funds and to back up funds because they are trying to maximize putting their money to work, yet they won't realize that they made a mistake until all of a sudden they need the money because something unexpected happened and they do not have enough money to cover it from other resources that they have.  They are lucky if they do not  end up having to tap into their bitcoin investment and they are able to gather together enough funds to cover their unexpected expense, yet hopefully they learn from their unexpected expense about the need to have the emergency funds and/or back up funds that are in the local currency, and bitcoin should not be serving as a back up fund and/or an emergency fund.

Another thing is that it coudl be very tempting for someone who had already been buying bitcoin for a couple of years to feel that it is O.k to cash out of some of his bitcoin because maye his average costs per BTC are around $30k, so he is going to be able to get nearly 3x the amount that he invested - yet he still does not realize that it tends to not be a good thing to sell bitcoin while we are still in our BTC accumulation phase.. .and we might not even realize until a few years later that we sold some bitcoin at 3x profits, yet we had never been able to replace those sold bitcoin at a lower price because the price did not come back down and we would have had been way better off to have had gotten that money from some other source, rather than selling some (or all) of our bitcoin.

That’s true what’s the need you trying to maximize putting your money to work , while you underallocating your emergency funds and back funds , while you know that if there’s some certain expenses you would have to tamper  with the same money you put to work for you , that’s why is just better to also focus on your emergency funds as well , because having emergency funds will help you reduce any chances of you tampering with your investment .

Yeah is pretty much common some folks always use the time they have spend in bitcoin to decide if they have gotten enough bitcoin and the truth is that the number of bitcoin you have is not because of the time you have spend in it is all about the seriousness you put in it , some folks have been accumulating for four years while someone that started three years back may have accumulated more bitcoin than those that have spent four years because of his consistency and passion toward. Bitcoin , just like you said we are still in the accumulating phase , and that what we should focus on not the market conditions but rather bitcoin accumulation

[Solodoski]

Investors forget one more thing, they think they are unstable immediately after investing Bitcoin, the price will be higher than the price of buying a little.

No real investor is ignorant of the price volatility of bitcoin. It is the first thing every investor takes note of while making a long-term investment plan. The certainty that there will be times when the price of bitcoin will go down and other times when it will come up is what helps the investor to make adequate provision for the different market conditions he will eventually face.

selling as a result of the short-term volatile nature of bitcoin invariably shows that the person in question is a trader or a newbie investor that is yet to get a proper grasp of what long term investment demands.

That's Nature is usually noticed by traders, they invest in Bitcoin only in the hope of making a profit, and they sell them if they get a little better profit. Although some investors want to complete the investment process for a long time, they also sell when they see a slight price high. All thisThe investor is not the actual investor, they are usually looking for opportunities.

That is the reason why it is best to decide even from the start that you are not selling your bitcoin till you have gone past your accumulation phase, regardless of the little profit one might have attained in the process.

The general opinion that's out there is that once you have a slight profit that the next thing is to sell. That might look like the best decision for traders, but for an investor who hopes to go into bitcoin for the long-term benefit, being at a profit is never an indication that one should sell. The end goal is what matters most for an investor.

[Odohu]

Those who often observe the price in a matter of days are traders who are turning their money for a small profit, while Bitcoin investors do not often see this because their goal is for long-term investment so they are not too worried about the situation and also never consider price fluctuations as an obstacle to their investment plan. And if you want to be an investor in Bitcoin, of course you don't have to pay attention to it all the time because you only need to prepare funds to continue buying for your investment plan in the future. Moreover, if you are willing to be patient while making accumulations to increase the amount of Bitcoin in your own wallet, it will certainly be very good for you personally because you will be luckier when Bitcoin experiences an increase in price in the market.

Observing the market is quite different from analyzing and studying the market and so not only traders observe market even investors do observe the market so don't get it twisted. Traders turning there money into a small profit is not as easy as you saying it, they don't turn there money into small profit rather they intend to...,  that is they only have that in mind but making the small profit is not easy it is possible that before they will even make the small profit they might have spend more than the profit they will get. So, instead of making losses before getting a profit while not just keep accumulating little by little for a long period of time and perish the thought of small profit which is not even certain.

It does not matter if you call it observing the market or analyzing the market, such laborious exercise can be completely avoided if you invest in Bitcoin using the DCA method. If you keep observing the market as an investor, there is a high chance you will be pushed to take irrational decision or emotion driven decision that may end up hurting your Bitcoin accumulation process. One of the greatest progress I have made in my Bitcoin accumulation is using the DCA method which have solved the problem of me constantly monitoring the market price hoping that it rise after I might have exhibited FOMO. The DCA method helped me to relax and only visit the chart around the period I want to buy and hold and with this method, my mind was never on selling but buying more. Using the DCA method is highly recommended because the advantages are just numerous.

[BitBakerr1]

This situation is very common because in a volatile market like Bitcoin, price fluctuations often occur. The market situation we are in is very volatile at the moment. The Bitcoin graph shows that today, March 25, the price of Bitcoin was $88k at the beginning of the day, but it decreased to $87k at the end of the day. Such fluctuations in price will continue, but it is very important to maintain patience and a long-term perspective while investing. If someone is interested in short-term investments instead of long-term investments, then they can carefully observe the market fluctuations and then make decisions.

patience is one of the key elements in investing

Yeah you are right patience is of the key things an investor needs to have in other to succeed, one thing about this patience is that it is inside of you and if is not there you will struggle to hold onto your Bitcoin for long term some set of people who are regretting deeply now for selling off there bitcoin in the past lack patience and one of the things that will help you develop this patience in Bitcoin investment is going through the history of Bitcoin investment and imagining investing in Bitcoin when it was just $1k and also imagine yourself selling when it got to $2k and also imagining holding on from that $1k till date, this will help you realize that truly patients is virtue, is possible for Bitcoin to reach $200k, $500k and even a million dollar, all you need to do in other to experience this is being patient, one other thing that will help you have patience is by using only discretionary income to invest, if you use money that you are suppose to use for food or other basic things you will dip hands into your Bitcoin because you can't be patient while hungry or in need of shelter and other basic things.