Buy Buy Buy or Sell Sell Sell?

[Mayor of ogba]

If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.

Okay I have learned something today, atleast you have given a timeline for short and long term Bitcoin investment. Most people who target to buy during the Bitcoin halving are short-term traders, and that's a very wrong investment approach. I know people who are currently disappointed with the price of Bitcoin because they thought it would have reached $150k. But long term investors are not perturbed because they are still on profit or are not selling.

I so much believe that learning always took place in everyday of our life, because knowledge is really power indeed, so talking about short-term investment, those investors that always make use of short term investment i see those investors as a gambling, because they are betting not investing, they are just for quick money making not to wait till dip finally happen, so buying in the dip and hold in a long term investment is the best.

As a no coiner, depending only on buying the dip to accumulate bitcoin will also put you in the position of gambling with your bitcoin investment as well because you won't accumulate a good amount of bitcoin waiting for a dip that may not even happen today or tomorrow. Buying the dip is actually good if you have enough liquidity to buy the dip; it easily gives profit and allows you to increase the size of your bitcoin very fast, but before you use the buying the dip strategy to accumulate bitcoin, you need to be accumulating bitcoin with the DCA strategy so that you will be consistent in accumulating bitcoin in the market and be building up your bitcoin portfolio gradually while you patiently wait for a dip to occur, and if a dip doesn't occur, you already have an ongoing DCA strategy that you are using to accumulate bitcoin consistently, and you have nothing to lose.

[Muba20]

If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.

Okay I have learned something today, atleast you have given a timeline for short and long term Bitcoin investment. Most people who target to buy during the Bitcoin halving are short-term traders, and that's a very wrong investment approach. I know people who are currently disappointed with the price of Bitcoin because they thought it would have reached $150k. But long term investors are not perturbed because they are still on profit or are not selling.

I so much believe that learning always took place in everyday of our life, because knowledge is really power indeed, so talking about short-term investment, those investors that always make use of short term investment i see those investors as a gambling, because they are betting not investing, they are just for quick money making not to wait till dip finally happen, so buying in the dip and hold in a long term investment is the best.

You should be doing more of reading than posting expecially in this thread so you can understand more and also know the difference between accumulating bitcoin regularly and waiting for the dip to accur before accumulating Bitcoin because your last sentence is not the Best investment strategy as you clam but gambling/trading because you choose to wait for the dip before accumulating Bitcoin so that's never the best investment strategy so you won't mislead other newbies to wait for the dip before accumulating Bitcoin.
The DCA strategy helps you to accumulate Bitcoin at regular interval either accumulating Bitcoin every weeks or months, with the DCA strategy you will no longer be waiting for bitcoin to dip before accumulating because you will accumulating Bitcoin irrespective of the price of Bitcoin rather than waiting for the dip which may or may not happen. Moreover buying the dip is not the best strategy rather it should be an opportunity to accumulate more Bitcoin.

If you as an investor wait for the price of Bitcoin to drop before accumulating, it will definitely be difficult for you to buy. You will be prevented from buying Bitcoin. Due to the high volatility of Bitcoin, there can be a significant change in Bitcoin in a short period of time. Those who wait may have to buy Bitcoin at a high price at that time, which will definitely indicate a loss for them. Therefore, for those who plan to hold Bitcoin for the long term, any price of Bitcoin is suitable for buying if they regularly follow DCA for bitcoin. There are many investors who could not hold Bitcoin despite finding a dip in Bitcoin. Because they thought that the price of Bitcoin might go down further but later the price of Bitcoin reached such a high that they refused to buy Bitcoin at that time. Therefore, holding Bitcoin by prioritizing its current value is the most appropriate policy.

[Scarlett_23]

A lot of newbies has wasted money they could have used in stacking bitcoin gradually into trading. As a newbie why trading when you can easily build your bitcoin investment with those funds you want to risk away on trading and be rest assured of  deriving profit after a few years of hodling. With the DCA investment approach it makes it simple to build your own portfolio without pressure or stress and most importantly you get to buy at dip price opportunities which would mean more profit for you when bitcoin price surge during the bull's season.

The most important reason for this is the ambition to make money quickly. People start investing now and don't think about how much they will have in 10 years. They are trying to reach their 10 years from now already. And most of the time they fail. The most important rule of investing should always be not to lose the capital at hand first. There are many people who reduce their capital by trading. They make one wrong decision after another and lose their capital. However, if they had bought coins regularly and waited, they would have made more money than trading. There is no guarantee in trading, you make the right move 3 times, then in 1 wrong move, you lose all the gains back and even make a loss in total. It takes time to learn this. Those who read about it somewhere and learn it don't have the same experience until they experience it themselves. This is the main reason why newbies can't make money.

New investors have very little patience and they try to make more with less effort. This is why they invest somewhere, wait for a month or two and when they don’t see any results, they get frustrated. If they had traded for a month or two, they could have made some cash, i.e. they would have had some cash on hand. Yes, it may be possible in the short term, but in the long term they will be more affected by this decision. There are many possibilities open to beginners. They also have enough time, so if they make a habit of investing in Bitcoin little by little with their capital from the beginning, they will be able to build a good portfolio after a few years. But if they lose their capital in the beginning, the road ahead will be very difficult.

[EarnOnVictor]

I stand by my words and I don't care about what the two of them said earlier but about the contxet and the explanation I replied to. You can read it again, it's detailed enough for me to reply to that, it's your choice if you escalate it to many previous discussions. However, even if it were to be escalated as you said it, I still back the guy because everybody has their plan, so let them breath, it mustn't be our way all the time. If someone earned $90 as income this month and planned to use all in Bitcoin investment which will be spread over some period on DCA, why not? Do you know his savings and financial standing before the decision or what he planned to fall back at? Let's stop believing we can plan people's life and investment for them.

The problem with you is that you are too entitled to your opinion, and it has made you not to read meaning from what someone else is saying. If the discussion was about someone who has $90 as discretionary income and decided to invest the $90 in bitcoin with the DCA strategy across one month, it would have been better,
-rant edited out-

Oh boy, it's high time you shut it and keep your ego to yourself, see who is accusing someone of having a problem? Your own problem is not even from this planet, it's beyond. I don't know the matter with some of you, if you can't see things in my way and I can't see it in your way, then we maturely leave it. It's annoying and idiocy-inclined that you will always want people to yield to your view, "yield my feet."

I've stated my position twice, it can't change, so invest your Bitcoin your way and leave others to invest their Bitcoin in their way, it's not your f*cking money.

[john_egbert]

If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.

5+ years is the golden standard for me, for example, but other than that, I agree.

No point in trying to make moves only after a year of appropriate hodling, because they probably wouldn't be there.

[Mayor of ogba]

I stand by my words and I don't care about what the two of them said earlier but about the contxet and the explanation I replied to. You can read it again, it's detailed enough for me to reply to that, it's your choice if you escalate it to many previous discussions. However, even if it were to be escalated as you said it, I still back the guy because everybody has their plan, so let them breath, it mustn't be our way all the time. If someone earned $90 as income this month and planned to use all in Bitcoin investment which will be spread over some period on DCA, why not? Do you know his savings and financial standing before the decision or what he planned to fall back at? Let's stop believing we can plan people's life and investment for them.

The problem with you is that you are too entitled to your opinion, and it has made you not to read meaning from what someone else is saying. If the discussion was about someone who has $90 as discretionary income and decided to invest the $90 in bitcoin with the DCA strategy across one month, it would have been better,
-rant edited out-

I've stated my position twice, it can't change, so invest your Bitcoin your way and leave others to invest their Bitcoin in their way, it's not your f*cking money.

We are here to learn about bitcoin and how to arrive at a successful bitcoin investment without selling our bitcoin portfolio along our accumulation journey. So if I see a newbie who is investing in bitcoin in such a way that it will stop him or her from sorting out his or her daily expenses, or if I see a newbie waiting for a dip before he or she can start his or her bitcoin investment, I will not allow the newbie to go ahead and invest in bitcoin in such a way. I will guide the newbie on the right path to arrive at a successful bitcoin investment because that is one of the reasons we are sharing ideas here.

[Agbamoni]

Yes I think long term investment is the best, but many people try to choose this best but due to lack of experience and strategic knowledge many investors get left out. You can see that long term investment requires a strong wallet and experience, you need to have the ability to take risks, and you can participate in Bitcoin investment through deep buying and DCA method.
But if you are in a financial crisis, then it is most important for you to do DCA method, in this you can benefit while saving money and doing Bitcoin DCA method weekly.

It is a terrible idea to advice anyone with financial crisis to invest in Bitcoin. At some point he will have no choice than to crash his investment if doesn't come out of it after some time. In as much as we don't need to be very rich before we can start accumulating. There mut be balance in our finance if we want to have healthy investment in Bitcoin. By balance, i mean free from loan default, having emergency funds, savings and covering all expenses we need.

Also, every other experience can come when you already start your investment. You don't need to wait to have all the knowledge before you start investing. 

You are very correct some set of people even argue that one can invest in Bitcoin even without having to stable source of income and I ask how if as a person you don't have to stable source of income and you have Bitcoin if maybe you are in need of settling your basic things such as food, shelter and other things how will you do it you will have no other choice but to dip hands into your Bitcoin investment so is not possible to succeed in Bitcoin investment without having to stable source of income.

Yes it is true that you don't need to wait to have all the knowledge about Bitcoin before you can start investing however among the basic knowledge you should have before starting is the history of Bitcoin growth my reason for saying this is because we see newbies always panicking when there's a dip some even sell of there Bitcoin because of fear and panic and the reason why this is happening to them is because they don't have the knowledge about Bitcoin growth, if they go through the history of Bitcoin growth then they will see for there self that bitcoin goes up sometimes come down in price and will not panic again if there's a dip.

I get your point even if you try to make exaggerate on it. There is difference between a stable income source and a steady cash flow. Your stable source of income is basically a source it may be work or business that generates income for you at the end of the month. In this case you are entitle to salary or wages. While a steady cashflow has to do with several ways you make your income. It may not be an monthly job it could be contracts, business, but as long as money keep coming that you can separate your income and leave your discretionary income for investment.

You don't really need a stable source of income to start investment what you need is a steady cash flow.

[Zanab247]

I stand by my words and I don't care about what the two of them said earlier but about the contxet and the explanation I replied to. You can read it again, it's detailed enough for me to reply to that, it's your choice if you escalate it to many previous discussions. However, even if it were to be escalated as you said it, I still back the guy because everybody has their plan, so let them breath, it mustn't be our way all the time. If someone earned $90 as income this month and planned to use all in Bitcoin investment which will be spread over some period on DCA, why not? Do you know his savings and financial standing before the decision or what he planned to fall back at? Let's stop believing we can plan people's life and investment for them.

The problem with you is that you are too entitled to your opinion, and it has made you not to read meaning from what someone else is saying. If the discussion was about someone who has $90 as discretionary income and decided to invest the $90 in bitcoin with the DCA strategy across one month, it would have been better,
-rant edited out-

I've stated my position twice, it can't change, so invest your Bitcoin your way and leave others to invest their Bitcoin in their way, it's not your f*cking money.

We are here to learn about bitcoin and how to arrive at a successful bitcoin investment without selling our bitcoin portfolio along our accumulation journey. So if I see a newbie who is investing in bitcoin in such a way that it will stop him or her from sorting out his or her daily expenses, or if I see a newbie waiting for a dip before he or she can start his or her bitcoin investment, I will not allow the newbie to go ahead and invest in bitcoin in such a way. I will guide the newbie on the right path to arrive at a successful bitcoin investment because that is one of the reasons we are sharing ideas here.

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when financial issues come.

This forum is an atmosphere of learning cryptocurrency to improve and many people have learned to be successful in their investment, which newbies can also improve if they pay attention to the tools that improve users.

[Derekfunds]

Yes I think long term investment is the best, but many people try to choose this best but due to lack of experience and strategic knowledge many investors get left out. You can see that long term investment requires a strong wallet and experience, you need to have the ability to take risks, and you can participate in Bitcoin investment through deep buying and DCA method.
But if you are in a financial crisis, then it is most important for you to do DCA method, in this you can benefit while saving money and doing Bitcoin DCA method weekly.

It is a terrible idea to advice anyone with financial crisis to invest in Bitcoin. At some point he will have no choice than to crash his investment if doesn't come out of it after some time. In as much as we don't need to be very rich before we can start accumulating. There mut be balance in our finance if we want to have healthy investment in Bitcoin. By balance, i mean free from loan default, having emergency funds, savings and covering all expenses we need.

Also, every other experience can come when you already start your investment. You don't need to wait to have all the knowledge before you start investing. 

You are very correct some set of people even argue that one can invest in Bitcoin even without having to stable source of income and I ask how if as a person you don't have to stable source of income and you have Bitcoin if maybe you are in need of settling your basic things such as food, shelter and other things how will you do it you will have no other choice but to dip hands into your Bitcoin investment so is not possible to succeed in Bitcoin investment without having to stable source of income.

Yes it is true that you don't need to wait to have all the knowledge about Bitcoin before you can start investing however among the basic knowledge you should have before starting is the history of Bitcoin growth my reason for saying this is because we see newbies always panicking when there's a dip some even sell of there Bitcoin because of fear and panic and the reason why this is happening to them is because they don't have the knowledge about Bitcoin growth, if they go through the history of Bitcoin growth then they will see for there self that bitcoin goes up sometimes come down in price and will not panic again if there's a dip.

I get your point even if you try to make exaggerate on it. There is difference between a stable income source and a steady cash flow. Your stable source of income is basically a source it may be work or business that generates income for you at the end of the month. In this case you are entitle to salary or wages. While a steady cashflow has to do with several ways you make your income. It may not be an monthly job it could be contracts, business, but as long as money keep coming that you can separate your income and leave your discretionary income for investment.

You don't really need a stable source of income to start investment what you need is a steady cash flow.

Your definition are not bad but I will like to add a little on steady and stable. When you say something is stable it means it is static not changing with respect to anything but when you say steady it means there's always a small change, let take for instance, a flowing fluid can be steady but the velocity can be varied (due to pressure change) that is increase or decrease and for this reason I stand on the note that between steady and stable the best to have while accumulating Bitcoin is stable, not that steady is not good but because of the variation it is not really good, so to me I prefer stable because I'm sure of it ( no variation).

[GIF-JOBS]

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when financial issues come.

This forum is an atmosphere of learning cryptocurrency to improve and many people have learned to be successful in their investment, which newbies can also improve if they pay attention to the tools that improve users.

Yes, this is a very important point, if a new investor gains real knowledge about Bitcoin before starting to invest, then he must try to keep his investment for as long as possible. A new investor faces the most losses when they face market volatility, at such times they make emotional decisions, but if he gains proper knowledge about Bitcoin in advance, then he can accept this volatility as normal.

That is why an investor should gain all the ideas about Bitcoin in the first place, if he understands the nature of Bitcoin, then he can consider his own financial situation, take the right decision and adopt the right strategy for investment, according to the amount of risk he is able to take, he can use the right strategy, but for this he must be knowledgeable about the right bitcoin. Which a new investor will get a clear idea if he studies this Buy Buy Buy or Sell Sell Sell? and Buy the DIP, and HODL! thread very well. 

[Merit.s]

I stand by my words and I don't care about what the two of them said earlier but about the contxet and the explanation I replied to. You can read it again, it's detailed enough for me to reply to that, it's your choice if you escalate it to many previous discussions. However, even if it were to be escalated as you said it, I still back the guy because everybody has their plan, so let them breath, it mustn't be our way all the time. If someone earned $90 as income this month and planned to use all in Bitcoin investment which will be spread over some period on DCA, why not? Do you know his savings and financial standing before the decision or what he planned to fall back at? Let's stop believing we can plan people's life and investment for them.

The problem with you is that you are too entitled to your opinion, and it has made you not to read meaning from what someone else is saying. If the discussion was about someone who has $90 as discretionary income and decided to invest the $90 in bitcoin with the DCA strategy across one month, it would have been better,
-rant edited out-

I've stated my position twice, it can't change, so invest your Bitcoin your way and leave others to invest their Bitcoin in their way, it's not your f*cking money.

We are here to learn about bitcoin and how to arrive at a successful bitcoin investment without selling our bitcoin portfolio along our accumulation journey. So if I see a newbie who is investing in bitcoin in such a way that it will stop him or her from sorting out his or her daily expenses, or if I see a newbie waiting for a dip before he or she can start his or her bitcoin investment, I will not allow the newbie to go ahead and invest in bitcoin in such a way. I will guide the newbie on the right path to arrive at a successful bitcoin investment because that is one of the reasons we are sharing ideas here.

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when finaes come.

It is a wrong approach for a new investor to think that the best knowledge he needs is on how to trade because he will find it very difficult to build and grow his bitcoin portfolio overtime, which should be the mean focus. Bitcoin has a bright future so timing to buy at the dip and sell when the price is high is not investing but trading and trading will lead you to losses in the long run due to the high risk attached to it because you are gambling with the price wave of bitcoin.

I would advise you to decease from this mindset of your to buy at the dip and sell because you will be busy wasting your time and resources carelessly, instead of you to use it wisely to invest in bitcoin with DCA and build your bitcoin portfolio bit by bit for 4-10 years and above with consistency and persistence with part of his discretionary income that will enable him be flexible in his bitcoin accumulation journey. The target is to have a good size of bitcoin portfolio in future when you are old and not to be after little profit.

Yes, this is a very important point, if a new investor gains real knowledge about Bitcoin before starting to invest, then he must try to keep his investment for as long as possible. A new investor faces the most losses when they face market volatility, at such times they make emotional decisions, but if he gains proper knowledge about Bitcoin in advance, then he can accept this volatility as normal.

A new investor does not need to have proper knowledge about bitcoin before investing because that will hinder him from starting his bitcoin investment immediately. All he needs is the basic knowledge of bitcoin for him to start investing in bitcoin as long as he has his discretionary income ready to invest. He can learn other aspects of bitcoin when he has started his bitcoin investment because he is investing in a long-term. Learning and investing simultaneously will be the best because it saves time of delay.

[Zackz5000]

I stand by my words and I don't care about what the two of them said earlier but about the contxet and the explanation I replied to. You can read it again, it's detailed enough for me to reply to that, it's your choice if you escalate it to many previous discussions. However, even if it were to be escalated as you said it, I still back the guy because everybody has their plan, so let them breath, it mustn't be our way all the time. If someone earned $90 as income this month and planned to use all in Bitcoin investment which will be spread over some period on DCA, why not? Do you know his savings and financial standing before the decision or what he planned to fall back at? Let's stop believing we can plan people's life and investment for them.

The problem with you is that you are too entitled to your opinion, and it has made you not to read meaning from what someone else is saying. If the discussion was about someone who has $90 as discretionary income and decided to invest the $90 in bitcoin with the DCA strategy across one month, it would have been better,
-rant edited out-

I've stated my position twice, it can't change, so invest your Bitcoin your way and leave others to invest their Bitcoin in their way, it's not your f*cking money.

We are here to learn about bitcoin and how to arrive at a successful bitcoin investment without selling our bitcoin portfolio along our accumulation journey. So if I see a newbie who is investing in bitcoin in such a way that it will stop him or her from sorting out his or her daily expenses, or if I see a newbie waiting for a dip before he or she can start his or her bitcoin investment, I will not allow the newbie to go ahead and invest in bitcoin in such a way. I will guide the newbie on the right path to arrive at a successful bitcoin investment because that is one of the reasons we are sharing ideas here.

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when financial issues come.

This forum is an atmosphere of learning cryptocurrency to improve and many people have learned to be successful in their investment, which newbies can also improve if they pay attention to the tools that improve users.

You are beginning to sound like a trader waiting for the dip to accumulate Bitcoin and sell when the price goes up is trading and not investment we are supposed to accumulate bitcoin and hodl without selling a dime for a long time for about 4-10 buying and selling bitcoin is not the best way to invest into Bitcoin we should always see bitcoin investment as a long time investment when you buy and sell you are just gambling, traders will always run at big lost in a long run when they will be with out bitcoin in the future because they choose to sell when ever there is an increase selling out and also hoping to accumulate back  it is better we accumulate Bitcoin and HODL using the DCA strategy to regularly accumulate Bitcoin either weekly or monthly from 4-10 with your discretionary income.

This is also not a shitcoin thread but bitcoin thread, so using the term cryptocurrency is not allowed here.

[Umulala-alala]

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when financial issues come.

This forum is an atmosphere of learning cryptocurrency to improve and many people have learned to be successful in their investment, which newbies can also improve if they pay attention to the tools that improve users.

Yes, this is a very important point, if a new investor gains real knowledge about Bitcoin before starting to invest, then he must try to keep his investment for as long as possible. A new investor faces the most losses when they face market volatility, at such times they make emotional decisions, but if he gains proper knowledge about Bitcoin in advance, then he can accept this volatility as normal.

That is why an investor should gain all the ideas about Bitcoin in the first place, if he understands the nature of Bitcoin, then he can consider his own financial situation, take the right decision and adopt the right strategy for investment, according to the amount of risk he is able to take, he can use the right strategy, but for this he must be knowledgeable about the right bitcoin. Which a new investor will get a clear idea if he studies this Buy Buy Buy or Sell Sell Sell? and Buy the DIP, and HODL! thread very well.  

There is nothing wrong if a new investor gets started and start buying bitcoin at the process be learning and do more research about bitcoin because i don't believe it will be possible to know all about bitcoin because waiting to know all about bitcoin might lead to procastination and you may end up not even starting your bitcoin investment because you want to know all about bitcoin, investing in bitcoin doesn't require much knowledge as you can get started with basic knowledge and then use the dca strategy to buy bitcoin what is important is having your Discretionary Income ready then you can get started instead of waiting to gain real knowledge about bitcoin get started and figure out what you want to know along the process.

[Ryu_Ar1]

It is this kind of greed that is slowly destroying them.
I have a friend who does different things to what I'm doing right now because when I was in investments in the last few years and he did it with trading.

It is undeniable that the profits he has made in one day are quite large to get which makes him sometimes more arrogant because he gets big profits from the trading he does and sometimes compares with the investments I have made in recent years in bitcoin.
But on the other hand in the end sooner or later losses began to hit and the peak was this month where he almost lost 80 percent of the balance he had due to the trading he did which made him now more temperamental and tried to close or increase the load so as not to be exposed to liquidity by selling some valuables including the property he had.

This is an example of when traders and investors become different things. I am now still quite comfortable with what I am doing where I am still not bothered by the current price but in contrast to my colleague who did last month have problems and almost burned because the trading he did was not in line with expectations which made me think that traders are not something that everyone can do because sooner or later they can be destroyed by the actions they do. So, although I will not prohibit those who become traders but it would be better if it is reconsidered if indeed we choose that path.

Traders will frequently tell you about their gains, but they won't tell you about their losses, and another thing if there are two guys putting money into bitcoin for a couple of cycles, the trader would hardly have any abilities to perform as well as the one who just put the money into bitcoin and did not try to trade it. 

The trader will also likely end up shifting back and forth about whether he is buying, selling and/or waiting, while the one who is ongoingly buying will not lose his focus, and he will keep buying. .and yeah, even if the buying one screws up by buying too much at certain prices and/or not buying enough at other prices, at least he is able to stay focused on ongoing and persistent buying.. There can be some comfort in the ongoing buying in terms of building up the bitcoin holdings in reliable kinds of ways that ultimately becomes difficult to beat for anyone trying to trade and/or to keep up or to catch up to the one who is ongoingly buying.

That is indeed the case because after all, although not directly, sometimes competition in wanting recognition is always there, especially sometimes for some investors (maybe I am also included in it) always think that in the end doing traders is just like we are trying to play with fire which will only wait to burn at the end.

So in the end they will try to continue to show off their achievements including what my friend did but when they feel they are losing they will never say anything until they are destroyed though, this is based on my personal experience with my friend because until now he has never told me again about profits but tried to cover up by selling some of the assets he had so as not to be exposed to liquidation.

But it can be understood especially for me at this time that in the end even though I don't see them traders making mistakes because it's all in accordance with their goals but it cannot be denied that if the comparison to stay comfortable (not meaning without risk) then the comparison between traders and investors then being an investor is a thing that is indeed worth doing.

[Derekfunds]

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when financial issues come.

This forum is an atmosphere of learning cryptocurrency to improve and many people have learned to be successful in their investment, which newbies can also improve if they pay attention to the tools that improve users.

Yes, this is a very important point, if a new investor gains real knowledge about Bitcoin before starting to invest, then he must try to keep his investment for as long as possible. A new investor faces the most losses when they face market volatility, at such times they make emotional decisions, but if he gains proper knowledge about Bitcoin in advance, then he can accept this volatility as normal.

That is why an investor should gain all the ideas about Bitcoin in the first place, if he understands the nature of Bitcoin, then he can consider his own financial situation, take the right decision and adopt the right strategy for investment, according to the amount of risk he is able to take, he can use the right strategy, but for this he must be knowledgeable about the right bitcoin. Which a new investor will get a clear idea if he studies this Buy Buy Buy or Sell Sell Sell? and Buy the DIP, and HODL! thread very well.  

There is nothing wrong if a new investor gets started and start buying bitcoin at the process be learning and do more research about bitcoin because i don't believe it will be possible to know all about bitcoin because waiting to know all about bitcoin might lead to procastination and you may end up not even starting your bitcoin investment because you want to know all about bitcoin, investing in bitcoin doesn't require much knowledge as you can get started with basic knowledge and then use the dca strategy to buy bitcoin what is important is having your Discretionary Income ready then you can get started instead of waiting to gain real knowledge about bitcoin get started and figure out what you want to know along the process.

That is true but you don't only need your discretionary income to keep your investment running rather you also need your reserve and emergency funds to help upset some unforseen circumstances that will come up, as a matter of fact that is what an investor should do because knowing there will be a challenge and started preparing ahead for it is very important and that will make an investment very easy even though investment in quote is not easy.

[Umulala-alala]

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when financial issues come.

This forum is an atmosphere of learning cryptocurrency to improve and many people have learned to be successful in their investment, which newbies can also improve if they pay attention to the tools that improve users.

Yes, this is a very important point, if a new investor gains real knowledge about Bitcoin before starting to invest, then he must try to keep his investment for as long as possible. A new investor faces the most losses when they face market volatility, at such times they make emotional decisions, but if he gains proper knowledge about Bitcoin in advance, then he can accept this volatility as normal.

That is why an investor should gain all the ideas about Bitcoin in the first place, if he understands the nature of Bitcoin, then he can consider his own financial situation, take the right decision and adopt the right strategy for investment, according to the amount of risk he is able to take, he can use the right strategy, but for this he must be knowledgeable about the right bitcoin. Which a new investor will get a clear idea if he studies this Buy Buy Buy or Sell Sell Sell? and Buy the DIP, and HODL! thread very well.  

There is nothing wrong if a new investor gets started and start buying bitcoin at the process be learning and do more research about bitcoin because i don't believe it will be possible to know all about bitcoin because waiting to know all about bitcoin might lead to procastination and you may end up not even starting your bitcoin investment because you want to know all about bitcoin, investing in bitcoin doesn't require much knowledge as you can get started with basic knowledge and then use the dca strategy to buy bitcoin what is important is having your Discretionary Income ready then you can get started instead of waiting to gain real knowledge about bitcoin get started and figure out what you want to know along the process.

That is true but you don't only need your discretionary income to keep your investment running rather you also need your reserve and emergency funds to help upset some unforseen circumstances that will come up, as a matter of fact that is what an investor should do because knowing there will be a challenge and started preparing ahead for it is very important and that will make an investment very easy even though investment in quote is not easy.

You are correct about having your emergency fund and reserve, but not still having them at the initial stage shouldn't stop you from starting up your bitcoin investment if your discretionary Income is available for you can get started with your discretionary Income at first and then make provision for your emergency fund along the line since unforeseen circumstance will surely happen in the future run but what we don't know is when this unforeseen circumstance will take place.

[JayJuanGee]

I stand by my words and I don't care about what the two of them said earlier but about the contxet and the explanation I replied to. You can read it again, it's detailed enough for me to reply to that, it's your choice if you escalate it to many previous discussions. However, even if it were to be escalated as you said it, I still back the guy because everybody has their plan, so let them breath, it mustn't be our way all the time. If someone earned $90 as income this month and planned to use all in Bitcoin investment which will be spread over some period on DCA, why not? Do you know his savings and financial standing before the decision or what he planned to fall back at? Let's stop believing we can plan people's life and investment for them.

The problem with you is that you are too entitled to your opinion, and it has made you not to read meaning from what someone else is saying. If the discussion was about someone who has $90 as discretionary income and decided to invest the $90 in bitcoin with the DCA strategy across one month, it would have been better,
-rant edited out-

Oh boy, it's high time you shut it and keep your ego to yourself, see who is accusing someone of having a problem? Your own problem is not even from this planet, it's beyond. I don't know the matter with some of you, if you can't see things in my way and I can't see it in your way, then we maturely leave it. It's annoying and idiocy-inclined that you will always want people to yield to your view, "yield my feet."

I've stated my position twice, it can't change, so invest your Bitcoin your way and leave others to invest their Bitcoin in their way, it's not your f*cking money.

It is still dumb to suggest that most money should be held for buying the dip, especially, if we might consider the status of the person in terms of their number of coins.  If they are no coiners or low coiners who consider themselves to be still accumulating bitcoin, then it is likely better for them to emphasize buying regularly such as DCA rather than buying the dip... so maybe they should be allocating 75/100 of their weekly amount for DCAing, and perhaps the other 25/100 for buying the dip.

Like you said, in the end people can do what they like, and if they see accumulation of bitcoin as their goal, then buying regularly seems a better strategy over waiting for dips that might not happen.. but yeah, psychologically some folks are going to feel better if they have some extra money available to buy dips if dips do end up happening.

Of course, another difference of opinion that you frequently express EarnOnVictor is your belief that a person who is accumulating bitcoin would be better off to try to figure out when there might be tops so he can sell and buy back cheaper.. which also seems to be a pretty bad strategy for anyone who is actually trying to accumulate bitcoin.. but yeah, you are free to continue to express your vague ideas of trading and/or thoughts that you can figure out dips.. which seem nearly impossible to figure out except after they already had happened.

If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.

5+ years is the golden standard for me, for example, but other than that, I agree.

No point in trying to make moves only after a year of appropriate hodling, because they probably wouldn't be there.

For an overwhelming majority of folks 5 years is likely too short, unless you happen to be old or you have health problems that justify you to get out of your bitcoin investment that early in the journey.    The gains would likely not be very measurable.. as compared to letting your investment ride for a while longer.

It seems that 4 years or more of accumulation is one thing, but then another thing is potentially waiting another cycle before guys might be ready to start to cash out of their bitcoin, that is if they had already finished accumulating at some point earlier. since it would not make sense to go straight from accumulating BTC and then get into liquidating without some time in-between those two stages.

[edited out]

We are here to learn about bitcoin and how to arrive at a successful bitcoin investment without selling our bitcoin portfolio along our accumulation journey. So if I see a newbie who is investing in bitcoin in such a way that it will stop him or her from sorting out his or her daily expenses, or if I see a newbie waiting for a dip before he or she can start his or her bitcoin investment, I will not allow the newbie to go ahead and invest in bitcoin in such a way. I will guide the newbie on the right path to arrive at a successful bitcoin investment because that is one of the reasons we are sharing ideas here.

Surely there are a lot of newbies who gravitate towards trading and shitcoins ,so there is ONLY so much that we can attempt to do to stop them from their own bad inclinations, yet sure, I agree that we can try to share information with them regarding better bitcoin accumulation and/or management practices that likely will help to set newbies on a better course of action.

There surely are some newbies with a lot more experience than others, and surely EarnOnVictor portrays himself as having experiences, even though he seems to try to lure newbies into gambling and/or trading practices rather than the employment of more strict accumulation strategies that focus on buying and holding (and probably holding is something that might be done when running out of money and waiting for the next paycheck in order to buy more).

[edited out]

You are correct about having your emergency fund and reserve, but not still having them at the initial stage shouldn't stop you from starting up your bitcoin investment if your discretionary Income is available for you can get started with your discretionary Income at first and then make provision for your emergency fund along the line since unforeseen circumstance will surely happen in the future run but what we don't know is when this unforeseen circumstance will take place.

You know that the idea of starting out to build a bitcoin investment and to simultaneously build emergency funds is to figure out some kind of a balance that the investor finds acceptable.

I have frequently suggested that the emergency fund and the bitcoin investment can be built at about the same rate.

Let's say that a beginner investor has a $30k per year income ($2,500 per month), and he is planning on investing into bitcoin at $100 per week, and maybe his monthly expenses are around $1,800, so really he ONLY has around $700 to work with for the whole month.

Maybe he already has about $1.5k that he tends to keep as a kind of cash cushion, yet he knows that if he is investing into bitcoin he is likely going to need more than the amount that he already has, so ideally he wants to work his emergency fund up to 3 months of his expenses (which is $5,400).. so he considers ways to build up his bitcoin investment and his emergency fund at the same time.. Maybe he considers that since he already has $1,500 in his extra cash funds, then those extra cashfunds have a headstart, so then he decides that every week he is going to buy $100 worth of bitcoin and put $50 into his emergency funds, so if he invests into bitcoin at that rate for a whole year, then by the end of the year he would have had put $5,200 into bitcoin, and his emergency fund would only have around $4,100 ($1,500 + $2,600), yet maybe he wants to try to match them, yet he knows that he has some flexibility that might likely relates to his own ways of thinking about which one is more important to build first.

The guy knows that the smaller his emergency fund, then the more potential issues he has that he might have to tap into his bitcoin at a time that is not of his own choosing, so he has to consider unwanted tapping into bitcoin as a risk that he wants to try to avoid happening... yet he remains on the right track if he builds his emergency fund and his bitcoin at the same time.  He also might have other expenses that are somewhat discretionary that he wants to save for and these might not be emergency matters, yet he might have various kinds of reserve funds for these kinds of matters, such as a new computer, new phone, new car/motorcycle, taking his wife out on a date, buying a bicycle for his daughter, fixing a leaky pipe in his kitchen/bathroom and/or other kinds of expenses that might be quasi-discretionary, but still some of those expenses might be quite important in terms of his own personal priorities that might contribute to his well-being or even help to earn him more income in some of the kinds of expenses.

[Sonia_123]

I stand by my words and I don't care about what the two of them said earlier but about the contxet and the explanation I replied to. You can read it again, it's detailed enough for me to reply to that, it's your choice if you escalate it to many previous discussions. However, even if it were to be escalated as you said it, I still back the guy because everybody has their plan, so let them breath, it mustn't be our way all the time. If someone earned $90 as income this month and planned to use all in Bitcoin investment which will be spread over some period on DCA, why not? Do you know his savings and financial standing before the decision or what he planned to fall back at? Let's stop believing we can plan people's life and investment for them.

The problem with you is that you are too entitled to your opinion, and it has made you not to read meaning from what someone else is saying. If the discussion was about someone who has $90 as discretionary income and decided to invest the $90 in bitcoin with the DCA strategy across one month, it would have been better,
-rant edited out-

I've stated my position twice, it can't change, so invest your Bitcoin your way and leave others to invest their Bitcoin in their way, it's not your f*cking money.

We are here to learn about bitcoin and how to arrive at a successful bitcoin investment without selling our bitcoin portfolio along our accumulation journey. So if I see a newbie who is investing in bitcoin in such a way that it will stop him or her from sorting out his or her daily expenses, or if I see a newbie waiting for a dip before he or she can start his or her bitcoin investment, I will not allow the newbie to go ahead and invest in bitcoin in such a way. I will guide the newbie on the right path to arrive at a successful bitcoin investment because that is one of the reasons we are sharing ideas here.

When you learn BTC to acquire the knowledge, you will surely know when to buy in the dip and sell when the price is high, because your knowledge will be the one doing all those things to make sure you earn profit. Newbie will surely get some issues that will make them to sell their BTC in a short period of time, when they apply DCA method because they will not bother to create other sources of income that will sustain them when financial issues come.

This forum is an atmosphere of learning cryptocurrency to improve and many people have learned to be successful in their investment, which newbies can also improve if they pay attention to the tools that improve users.

As a newbie all you have to be doing is to keep buying and accumulating without waiting for the dip, if not you might not have the chance of buying, a real investor don't wait for the dip before buying for accumulation instead they make do with the available opportunity to stock their port folio.

DCA strategy is used to purchase Bitcoin for long-term and not for  Short-term that will be sold at anytime, the DCA strategy helps investors to accumulate their port-folio and not Traders, it is traders that buys from the dip and sells afterwards not investors.

[Tamaperdana]

If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.

5+ years is the golden standard for me, for example, but other than that, I agree.

No point in trying to make moves only after a year of appropriate hodling, because they probably wouldn't be there.

One year is certainly not an ideal time to invest in bitcoin. Because of course in that period of time there is a big possibility that there will be no significant profit that can be obtained. In addition, if for example you invest in bitcoin and only want a little profit, I think such a desire is not special. Because basically many people invest in bitcoin to maintain the value of their assets so that they are not eaten up by inflation. Moreover, investing with a period of 1 year, I think it cannot be called an investment. Maybe it would be more appropriate to say long-term trading lol. Because what is called an investment usually has a minimum period of 5 years. So anything less than that time certainly cannot be called an investment. So in essence we must be able to distinguish between what is called investment and what is called trading.

[Gost ms]

If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.

Okay I have learned something today, atleast you have given a timeline for short and long term Bitcoin investment. Most people who target to buy during the Bitcoin halving are short-term traders, and that's a very wrong investment approach. I know people who are currently disappointed with the price of Bitcoin because they thought it would have reached $150k. But long term investors are not perturbed because they are still on profit or are not selling.

I so much believe that learning always took place in everyday of our life, because knowledge is really power indeed, so talking about short-term investment, those investors that always make use of short term investment i see those investors as a gambling, because they are betting not investing, they are just for quick money making not to wait till dip finally happen, so buying in the dip and hold in a long term investment is the best.

Yes I think long term investment is the best, but many people try to choose this best but due to lack of experience and strategic knowledge many investors get left out. You can see that long term investment requires a strong wallet and experience, you need to have the ability to take risks, and you can participate in Bitcoin investment through deep buying and DCA method.
But if you are in a financial crisis, then it is most important for you to do DCA method, in this you can benefit while saving money and doing Bitcoin DCA method weekly.

I cannot agree with your words. Because investing does not require much experience and strategic knowledge. You can invest only if you have basic knowledge about Bitcoin and investment. And you can gain experience in investing. Before starting investing, you need to find a source of stable income. If you do not have a stable income source, then you can get out of investing after a few days.

In addition to investing, you need to create an emergency fund and a reserve fund. This is so that you do not have to sell your BTC during an unexpected financial disaster. Put 3 times your stable income in the emergency fund and reserve fund.