Buy Buy Buy or Sell Sell Sell?

[SOKO-DEKE]

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.

Newbies can start investing in Bitcoin once they know how to buy Bitcoin. From there, they can further their learning with whatever they want to learn about Bitcoin. To start investing in Bitcoin doesn't require much knowledge. Bitcoin is really very simple to start once someone has made up their mind that they want to invest in it.Looking for more knowledge before investing in Bitcoin is just a waste of time, and that can even make some lose the opportunity to invest in time.

Newbies don’t need to first focus on emergency funds but should focus mainly on buying Bitcoin first. It is not necessary that someone must have emergency funds before they can start their Bitcoin investment. Emergency funds can be started a few weeks after beginning Bitcoin investment. So, in a few weeks, one can start building emergency funds, which will serve as a backup for unexpected situations while holding Bitcoin.the best advice for newbies is to start buying as money comes into their hands, rather than waiting to build emergency funds first before investing in Bitcoin.

[Zackz5000]

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.

Newbies can start investing in Bitcoin once they know how to buy Bitcoin. From there, they can further their learning with whatever they want to learn about Bitcoin. To start investing in Bitcoin doesn't require much knowledge. Bitcoin is really very simple to start once someone has made up their mind that they want to invest in it.Looking for more knowledge before investing in Bitcoin is just a waste of time, and that can even make some lose the opportunity to invest in time.

Newbies don’t need to first focus on emergency funds but should focus mainly on buying Bitcoin first. It is not necessary that someone must have emergency funds before they can start their Bitcoin investment. Emergency funds can be started a few weeks after beginning Bitcoin investment. So, in a few weeks, one can start building emergency funds, which will serve as a backup for unexpected situations while holding Bitcoin.the best advice for newbies is to start buying as money comes into their hands, rather than waiting to build emergency funds first before investing in Bitcoin.

When newbies starts accumulating Bitcoin when money comes their hand sounds to me that they can use money for family upkeep to accumulate Bitcoin and this can be troublesome, don't accumulate Bitcoin is it's not from your discretionary income because it is from your discretionary income you can use to accumulate Bitcoin, your discretionary income is that your leftover fund after which you might have settled out all necessary things so that you won't sell out when these family upkeeps may come up and in that what you are doing is gambling and not investment.
Not having an emergency fund shouldn't denied you from starting your bitcoin investment you get started if you have your discretionary income is available and later fixed in your emergency fund along your accumulation process.

[ZeroVinsonN]

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.

If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.
So put your finance in order, settle your basic necessities and invest with your discretionary funds, along the way you can also make out time to save up on some much needed emergency backup funds to save you from having to sell early during an unexpected financial crisis.

[Promocodeudo]

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.

In as .much as I agree with you that long-term approach is the best way an investor can be able to buy and hodl Bitcoin without minding what they market price says at anytime I will also want you to understand that some people are left out not necessarily because of lack of experience or strategic knowledge as you said but mainly because of their mindset of making quick money that may not be achieved, if I may ask what'll a newbie be needing much experience for before he or she can invest in Bitcoin? With what i know, a newbie just need the basic knowledge to start first then he or she can learn other things while in the investment already.

I don't really get you, are your saying a newbie can participate in Bitcoin investment through dip buying and DCA method? If thats what you said then I think you're getting it twisted a bit, for an investor that has been in the system for a long-term and has gotten a whole lot of Bitcoin in his portfolio, such investor may decide to start buying when there's a slight dip or total dip which may not also be as ascertained but as for a newbie that just started the journey I don't think is right for such newbie to have the mindset of buying Bitcoin during the dip, such mindset has negative implications which I wouldn't want to be repeating myself on that, you can check my old replies to see for yourself, once a newbie is ready, he or she should start doing the needful without wasting much time and I must tell you that njt everything an old folk does im Bitcoin investment does that a newbie will do reason being that buth parties experience is not the same that's why a newbie should be more concerned about buying Bitcoin daily, weekly or monthly repeatedly to hodl for a long-term.

Here you go again, don't you think DCA method is not meant for people that are in financial crisis alone, this method is meant for everyone not only people that are in financial mess alone though I know you never mentioned that DCA method is for them alone but I want you to understand that an old investor that have gotten a lot of Bitcoin in his portfolio can decide to start buying with DCA method then keep eyeing any slight dip to buy in large amount again on a general note, Bitcoin acumulation or buying doesn't end it all depends on what an individual investor wants but this pattern is not for a newbie that has not gotten enough Bitcoin in their portfolio, there are decisions an old investor will take in regards to Bitcoin that's not advisable for a newbie because of their level of awareness and experience.

[Cgrexp]

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.

Yes, new investors initially become restless for short-term gains and get frustrated when they do not get results. The cryptocurrency market is very volatile, most new investors make emotional investment decisions when the price drops and face losses. New investors need to gain more knowledge and education about the world of investment. They need to assess the situation before investing and then make a decision. New investors can make more profits if they invest slowly for a long time without expecting short-term gains. New investors can invest in the DCA method for long-term investment as there is less chance of financial loss. First, they can invest a certain amount per week or month according to their overall financial plan. As a new investor, if a small part of their monthly income is invested in the DCA method and can continue it for a long time i.e. 4-5 years, then it will become a big asset in the future.

[Cgrexp]

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.

The Bitcoin market fluctuates so rapidly that investors cannot make the right decisions due to volatility. Following the DCA method is a good way to invest. In terms of investment, the DCA method protects you from market volatility on the one hand ‌and on the other hand helps you keep up with financial risks and market fluctuations. When buying Bitcoin you should have a long-term plan and when holding Bitcoin for a long time it is important to have an investment perspective in case of future market fluctuations. Long-term investment requires faith and patience. There will be volatility in the Bitcoin market, so be prepared to think accordingly and buy coins. Regular investment and long-term planning before the Bitcoin price drops will protect you from volatility on the one hand and it will also create the possibility of big profits in the future.

[ZeroVinsonN]

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.

Yes, new investors initially become restless for short-term gains and get frustrated when they do not get results. The cryptocurrency market is very volatile, most new investors make emotional investment decisions when the price drops and face losses. New investors need to gain more knowledge and education about the world of investment. They need to assess the situation before investing and then make a decision. New investors can make more profits if they invest slowly for a long time without expecting short-term gains. New investors can invest in the DCA method for long-term investment as there is less chance of financial loss. First, they can invest a certain amount per week or month according to their overall financial plan. As a new investor, if a small part of their monthly income is invested in the DCA method and can continue it for a long time i.e. 4-5 years, then it will become a big asset in the future.

Investments should definitely be long term not short term, and while advising people to invest using the DCA, be specific on the cryptocurrency in question, invest in BITCOIN using the DCA, this is because while this strategy works for all kinds of investors, it doesn't work for all kinds of investment, using the DCA on a shitcoin can lead to losses in the case of total liquidation or decrease in market value which can sometimes last for years, even more than 10 years, some shitcoins have been seen to have a upward trend only for them to start dropping to zero or until they hit a stagnant price with little to no increase or decrease, lets say you started buying this coin using the DCA during it's price increment period and after investing a reasonable amount, the price decrease starts and you are still investing believing that the decrease is only temporary until it hits zero or gets to its stagnant price and stays that way for over 6 years, and it dawns on you that your investment has been a loss.
So while advising people, be specific, tell them to invest in bitcoin using the DCA, not telling to to invest in cryptocurrency using the DCA as there are alot of shitcoins out there that will turn their investments into failure.

[Stormisover]

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.

The Bitcoin market fluctuates so rapidly that investors cannot make the right decisions due to volatility. Following the DCA method is a good way to invest. In terms of investment, the DCA method protects you from market volatility on the one hand ‌and on the other hand helps you keep up with financial risks and market fluctuations. When buying Bitcoin you should have a long-term plan and when holding Bitcoin for a long time it is important to have an investment perspective in case of future market fluctuations. Long-term investment requires faith and patience. There will be volatility in the Bitcoin market, so be prepared to think accordingly and buy coins. Regular investment and long-term planning before the Bitcoin price drops will protect you from volatility on the one hand and it will also create the possibility of big profits in the future.

Volatility is the nature of Bitcoin and it is reason that new investors keep getting interest in the market, volatility shouldn't be a threat to investors but should be used in their own advantage of buying more Bitcoin at a lesser price, the advice of holding for a long term is not a joke or something to joke with because I understood that better now, the short term declines that happens while you were buying Bitcoin can only be eroded and you will get the best of Bitcoin if you were able to hold for long term.

[Derekfunds]

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.

If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.
So put your finance in order, settle your basic necessities and invest with your discretionary funds, along the way you can also make out time to save up on some much needed emergency backup funds to save you from having to sell early during an unexpected financial crisis.

Exactly, investing with money meant for other things is already lack of Bitcoin investment knowledge because someone who understands... won't use his or her expenses money to use in accumulating Bitcoin because the result will be failure, the investment can never last for too long. It is good to be inform so that one don't make mistake that will affect them very bad in the future. Investment should be done when someone has gather a little knowledge and keep a little of what it takes to start and keep the investment going and then press to make available what is needed before the initial one will be exhausted.

[Stormisover]

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.

If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.
So put your finance in order, settle your basic necessities and invest with your discretionary funds, along the way you can also make out time to save up on some much needed emergency backup funds to save you from having to sell early during an unexpected financial crisis.

Exactly, investing with money meant for other things is already lack of Bitcoin investment knowledge because someone who understands... won't use his or her expenses money to use in accumulating Bitcoin because the result will be failure, the investment can never last for too long. It is good to be inform so that one don't make mistake that will affect them very bad in the future. Investment should be done when someone has gather a little knowledge and keep a little of what it takes to start and keep the investment going and then press to make available what is needed before the initial one will be exhausted.

Anyone investing the money meant for their important needs in to Bitcoin only thinks that Bitcoin is a quick and get rich scheme and at such it a deformity, mismatch and misplaced priority, they will end up getting disappointed when the results they expected didn't come as quickly as possible, leading to selling when they are supposed to be buying and some time they can even sell out of lost in order to attend to taken care of their important needs. Bitcoin signifies financial freedom and even in the manner at which we are investing, we don't have to do it suffocating or struggling with our important needs.

[BitBakerr1]

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.

If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.
So put your finance in order, settle your basic necessities and invest with your discretionary funds, along the way you can also make out time to save up on some much needed emergency backup funds to save you from having to sell early during an unexpected financial crisis.

Exactly, investing with money meant for other things is already lack of Bitcoin investment knowledge because someone who understands... won't use his or her expenses money to use in accumulating Bitcoin because the result will be failure, the investment can never last for too long. It is good to be inform so that one don't make mistake that will affect them very bad in the future. Investment should be done when someone has gather a little knowledge and keep a little of what it takes to start and keep the investment going and then press to make available what is needed before the initial one will be exhausted.

Anyone investing the money meant for their important needs in to Bitcoin only thinks that Bitcoin is a quick and get rich scheme and at such it a deformity, mismatch and misplaced priority, they will end up getting disappointed when the results they expected didn't come as quickly as possible, leading to selling when they are supposed to be buying and some time they can even sell out of lost in order to attend to taken care of their important needs. Bitcoin signifies financial freedom and even in the manner at which we are investing, we don't have to do it suffocating or struggling with our important needs.

Lack of knowledge about Bitcoin is the reason why someone will use money meant for his or her personal needs to invest in Bitcoin, no one with the knowledge about Bitcoin will do such a thing except his a trader who has high hope in his or her prediction and expecting to get his or her profit fast.
You are right we don't need to struggle while investing in Bitcoin and that is why it is said that one should use only his discretionary income to invest so as to avoid struggling with your investment.
Discretionary income is an income that is lift after deduction of taxes, mortgage and basic living costs. Now using that money lift after settling all your basic needs won't make you struggle while investing.

[JayJuanGee]

Newbies can start investing in Bitcoin once they know how to buy Bitcoin. From there, they can further their learning with whatever they want to learn about Bitcoin. To start investing in Bitcoin doesn't require much knowledge. Bitcoin is really very simple to start once someone has made up their mind that they want to invest in it.Looking for more knowledge before investing in Bitcoin is just a waste of time, and that can even make some lose the opportunity to invest in time.

Newbies don’t need to first focus on emergency funds but should focus mainly on buying Bitcoin first. It is not necessary that someone must have emergency funds before they can start their Bitcoin investment. Emergency funds can be started a few weeks after beginning Bitcoin investment. So, in a few weeks, one can start building emergency funds, which will serve as a backup for unexpected situations while holding Bitcoin.the best advice for newbies is to start buying as money comes into their hands, rather than waiting to build emergency funds first before investing in Bitcoin.

I agree with the idea of getting started in bitcoin, and also I agree that it could take a while to build up an emergency fund and/or to build knowledge related to bitcoin and knowledge related to cashflow management, yet I personally presume that normies are coming to bitcoin in a way that they already have several of the skills, and that they also likely have a practice in which they keep some kind of cash cushion.. perhaps 2-6 weeks of floating cash that might be used for irregularities in their income and/or expenses.

Getting started is important, yet anyone who has financial circumstances that are in great shambles, then he might have to be careful in his level of aggressiveness in getting started, and he might have to spend some time getting his finances in order to the extent that his finances might be a mess, yet surely I would still presume that most normie newbies who are able to determine that they have some discretionary income, then they are able to get started in bitcoin and to figure out which areas of their personal factors they might need to figured out and/or put in order while they perhaps start to buy bitcoin on a weekly basis and sort out their cashflow management matters to determine how aggressive they might be able to be in their initial bitcoin accumulations.

[edited out]

Yes, new investors initially become restless for short-term gains and get frustrated when they do not get results. The cryptocurrency market is very volatile, most new investors make emotional investment decisions when the price drops and face losses. New investors need to gain more knowledge and education about the world of investment. They need to assess the situation before investing and then make a decision. New investors can make more profits if they invest slowly for a long time without expecting short-term gains. New investors can invest in the DCA method for long-term investment as there is less chance of financial loss. First, they can invest a certain amount per week or month according to their overall financial plan. As a new investor, if a small part of their monthly income is invested in the DCA method and can continue it for a long time i.e. 4-5 years, then it will become a big asset in the future.

You did not use the word bitcoin at any point in your post.  Hopefully you recognize and appreciate that investing into shitcoins would be retarded, and DCA does not really work unless we are talking about investing - which is ONLY really relevant to bitcoin, in terms of "crypto currencies."

Maybe you don't know the difference between bitcoin and shitcoins, and that might be part of the reason that you don't know how to use the word bitcoin and to make sure it is clear that you are talking about bitcoin rather than some vague, amorphous and misleading idea like crypto.

Or maybe you were trying to sound smart, as if the principles of DCA applies to bitcoin and to any other shitcoin, yet your use of the term crypto makes you seem stupid rather than smart... or at least it makes it seem that you might not even know what bitcoin is, that is why you threw in some other nonsense word to make it seemed as if you know what you are talking about, when your use of such term shows that you likely don't know what you are talking about.

[edited out]

The Bitcoin market fluctuates so rapidly that investors cannot make the right decisions due to volatility. Following the DCA method is a good way to invest. In terms of investment, the DCA method protects you from market volatility on the one hand ‌and on the other hand helps you keep up with financial risks and market fluctuations. When buying Bitcoin you should have a long-term plan and when holding Bitcoin for a long time it is important to have an investment perspective in case of future market fluctuations. Long-term investment requires faith and patience. There will be volatility in the Bitcoin market, so be prepared to think accordingly and buy coins. Regular investment and long-term planning before the Bitcoin price drops will protect you from volatility on the one hand and it will also create the possibility of big profits in the future.

In this next post, you at least showed that you know how to use the word bitcoin within your response, so it is possible that you are not a totally lost cause..

[Btcdeybodi]

Put 3 times your stable income in the emergency fund and reserve fund.

Do you really know what you are saying? had it been you said 3/4 of your discretionary income it could have sounded better than saying x3 of your stable income. Let me make it clear to you because i can see that you think emergency and reserved funds should be a fixed amount but if that's what you are trying to spell then you are wrong because it's from your discretionary income that you will scrap out emergency and reserved funds which means that each time you DCA, you will have to cut out some money and add it up to your existing emergency and reserved funds. They are not fixed as they vary based on how much you can be able to make available after your DCA amount have been taken care of, any amount that is left can stand for emergency needs and as reserve funds.

[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.

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.

Don't be deceived; even with your bitcoin knowledge, you still can't predict when the lowest dip will occur, so there's no guarantee your good bitcoin knowledge will guide you to know how to buy the dip. For a newbie who is starting his or her bitcoin investment, adopting the buying the dip strategy at his or her initial stage of bitcoin investment will limit him or her from increasing the size of his or her bitcoin portfolio over time since nobody knows how often a dip will occur. It is preferable if a newbie adopts the DCA strategy when investing in bitcoin since he or she is a no coiner, and the DCA strategy will give him or her the privilege of always accumulating bitcoin at any price and maximizing his or her bitcoin portfolio.

[JayJuanGee]

Put 3 times your stable income in the emergency fund and reserve fund.

Do you really know what you are saying? had it been you said 3/4 of your discretionary income it could have sounded better than saying x3 of your stable income.

I think that Gost ms is trying to say to put three months of your income into an emergency fund and reserve fund, and sure there is likely a difference between emergency funds and reserve funds, since emergency fund might be a subcategory of reserve funds and would be the part that we would not want to spend absent any actual emergency.  Reserve funds would potentially have more flexibility in terms of what we might choose to dedicate them or to use them for.  Some guys do not distinguish between the two categories, yet I think that it can be quite helpful to have both of these categories of back up funds in mind in order to be more precise in the various ways that we might manage our various kinds of extra cash (our back up funds or our emergency funds, our reserve funds, and/or our float).

Let me make it clear to you because i can see that you think emergency and reserved funds should be a fixed amount but if that's what you are trying to spell then you are wrong because it's from your discretionary income that you will scrap out emergency and reserved funds which means that each time you DCA, you will have to cut out some money and add it up to your existing emergency and reserved funds.

For me, your attempts to clarify matters seems to be making it less clear, since back up funds are built from discretionary funds, and once the emergency fund is built up, then it likely just stays in place, and it might get adjusted from time to time to make sure it covers expenses for 3 months... and back up funds are likely going to fluctuate in regards to how much back up funds are there, what they are there for and the extent to which they might get used up from time to time.. and then maybe needing to be replaced and/or built back up from discretionary funds.

Your DCA is likely coming directly from your emergency funds rather than from emergency funds or reserve funds, so you seem to be thinking about these matters differently if you think that DCA comes from either emergency funds or back up funds rather than from your discretionary funds that you establish on a fairly regular basis depending on when you are paid and when your expenses come due... For example, you might not know how much discretionary funds if you have some uncertainties in your income and/or in your expenses, yet when you get paid, you know how much you have available, but then if you have some uncertainty in the amount of your expenses, you might not know how much discretionary income you have at that point until you figure out your expenses.  Sometimes your income might be so great that you know that you have discretionary income, even though you might not know the exact amount of your discretionary income until your expenses become known... so it could be that you choose to keep some of your income as float or even to keep it as reserve funds until the specifics of your expense amounts become known.

They are not fixed as they vary based on how much you can be able to make available after your DCA amount have been taken care of, any amount that is left can stand for emergency needs and as reserve funds.

I would suggest that income and expenses vary, so then that will affect your discretionary income.  Sure, anyone who is confident that they are going to have discretionary income can choose to set their DCA amounts based on an assumption that they are going to have discretionary income, yet  their creating those presumptions are not necessarily good practices if they end up presuming that they have more discretionary income than they have, and if they screw up their calculation of their discretionary income then they may well have to find funds from other places in order to cover their DCA and potentially also to cover their expenses.

[Stormisover]

Put 3 times your stable income in the emergency fund and reserve fund.

Do you really know what you are saying? had it been you said 3/4 of your discretionary income it could have sounded better than saying x3 of your stable income. Let me make it clear to you because i can see that you think emergency and reserved funds should be a fixed amount but if that's what you are trying to spell then you are wrong because it's from your discretionary income that you will scrap out emergency and reserved funds which means that each time you DCA, you will have to cut out some money and add it up to your existing emergency and reserved funds. They are not fixed as they vary based on how much you can be able to make available after your DCA amount have been taken care of, any amount that is left can stand for emergency needs and as reserve funds.

I would say that after our basic needs money has been allocated, the next inline should be our emergency funds before the DCA money and the rest of it like the reserve funds and float cash, where it only becomes problematic is when you decide to wait until you have an emergency funds prior to getting started but on the occasion of already starting accumulating Bitcoin, in the scale of preference for me I would prefer allocating to my emergency funds first before considering my DCA amount based on the available discretionary income.

[Issa56]

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.

If you understand the basics of investment, then you are good to go. If you are investing, it’s not a bad idea if you are having proper knowledge about what you are investing in, but if you are holding bitcoin for a long term, then you can decide to invest even when you have a little knowledge about bitcoin, after investing you can continue learning about bitcoin, but it’s not necessary you know everything before investing in bitcoin, and you don’t have to wait till you know everything before investing.

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.

If you are investing in bitcoin, and you don’t have a emergency funds, then you won’t be able to hold for a long term, because if anything happens, and you are in need of money, you won’t have choice than to see the coin which you are holding,  but if you are having emergency funds, then you can just take from it without even stressing yourself, and you won’t be thinking about the coin which you are holding. You can decide to leave your emergency funds in stable coin, or even in local currency.

[Mrbluntzy]

Put 3 times your stable income in the emergency fund and reserve fund.

Do you really know what you are saying? had it been you said 3/4 of your discretionary income it could have sounded better than saying x3 of your stable income. Let me make it clear to you because i can see that you think emergency and reserved funds should be a fixed amount but if that's what you are trying to spell then you are wrong because it's from your discretionary income that you will scrap out emergency and reserved funds which means that each time you DCA, you will have to cut out some money and add it up to your existing emergency and reserved funds. They are not fixed as they vary based on how much you can be able to make available after your DCA amount have been taken care of, any amount that is left can stand for emergency needs and as reserve funds.

I would say that after our basic needs money has been allocated, the next inline should be our emergency funds before the DCA money and the rest of it like the reserve funds and float cash, where it only becomes problematic is when you decide to wait until you have an emergency funds prior to getting started but on the occasion of already starting accumulating Bitcoin, in the scale of preference for me I would prefer allocating to my emergency funds first before considering my DCA amount based on the available discretionary income.

What if you already have an untouched emergency funds that you have stacked up in the previous months, do you still go ahead to allocate more funds to the unspent emergency funds? Personally, I would say no, when I already have unspent emergency funds that was saved from the previous month wages, I would then allocate more fund to buy more Bitcoin, the money that would have been  kept as emergency fund for that month would then go into my DCA money because there's no need to add more emergency funds when I already have enough there.  

Tho, some people can have endless emergency depending on how they are living their life or they know how much they intended to keep as emergency fund, that's why they might keep allocating for it every month even if the ones of the previous month are yet to be spent.

[Sonia_123]

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.

If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.
So put your finance in order, settle your basic necessities and invest with your discretionary funds, along the way you can also make out time to save up on some much needed emergency backup funds to save you from having to sell early during an unexpected financial crisis.

Exactly, investing with money meant for other things is already lack of Bitcoin investment knowledge because someone who understands... won't use his or her expenses money to use in accumulating Bitcoin because the result will be failure, the investment can never last for too long. It is good to be inform so that one don't make mistake that will affect them very bad in the future. Investment should be done when someone has gather a little knowledge and keep a little of what it takes to start and keep the investment going and then press to make available what is needed before the initial one will be exhausted.

Anyone investing the money meant for their important needs in to Bitcoin only thinks that Bitcoin is a quick and get rich scheme and at such it a deformity, mismatch and misplaced priority, they will end up getting disappointed when the results they expected didn't come as quickly as possible, leading to selling when they are supposed to be buying and some time they can even sell out of lost in order to attend to taken care of their important needs. Bitcoin signifies financial freedom and even in the manner at which we are investing, we don't have to do it suffocating or struggling with our important needs.

Lack of knowledge about Bitcoin is the reason why someone will use money meant for his or her personal needs to invest in Bitcoin, no one with the knowledge about Bitcoin will do such a thing except his a trader who has high hope in his or her prediction and expecting to get his or her profit fast.
You are right we don't need to struggle while investing in Bitcoin and that is why it is said that one should use only his discretionary income to invest so as to avoid struggling with your investment.
Discretionary income is an income that is lift after deduction of taxes, mortgage and basic living costs. Now using that money lift after settling all your basic needs won't make you struggle while investing.

In other to be a successful investor in Bitcoin, you need to have additional source of income not only your discretionary income can make you a successful investor because if there is an inflation in the economy without the increment of your discretionary income how will you cope with the little left.
You can only be successful in your investment and increasing your portfolio if you have your emergency fund and reserve fund which makes it easier and comfortably to accumulate even when using the DCA strategy, you still need to have a reserve and emergency fund tobe a successful investor , when you have these two back-up funds there is no way you will use the money meant for your upkeep to purchase Bitcoin because they are always there as a support for you at anytime you are in need of funds.

[Stormisover]

In other to be a successful investor in Bitcoin, you need to have additional source of income not only your discretionary income can make you a successful investor because if there is an inflation in the economy without the increment of your discretionary income how will you cope with the little left.
You can only be successful in your investment and increasing your portfolio if you have your emergency fund and reserve fund which makes it easier and comfortably to accumulate even when using the DCA strategy, you still need to have a reserve and emergency fund tobe a successful investor , when you have these two back-up funds there is no way you will use the money meant for your upkeep to purchase Bitcoin because they are always there as a support for you at anytime you are in need of funds.

Could it be that you don't really understand what is meant or called discretionary income, discretionary or disposable income is the left over cash after our basic needs has been taken care of, it is where we are supposed to get our investment money from even if we have streams or additional income whatever we must invest in Bitcoin must be considered as a discretionary income that way we are sure that our important needs has been taken care of without struggling.