Buy Buy Buy or Sell Sell Sell?

[POPOLUV]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

[BitBakerr1]

[edited out]

Yes you are right holding fiat in reserve funds for the purpose of buying the dip is like waiting for a dip which is not right because no one can be certain when a dip will happen so wait for something that you are not certain of may turn out to be a waste of time.

Ultimately, each guy has to determine the extent to which he might choose to hold some funds back for the purpose of buying the dip, versus just buying regularly and ongoingly when they get the money.  There are trade offs, and surely I asserted that waiting and/or holdng money back is more problematic for newbie lowcoiners as compared with someone who had been accumulating bitcoin for a while, yet sometimes folks do prematurely conclude that they have enough or more than enough bitcoin, even though they should be ongoingly accumulating.

Another thing about buying the dip, there can be some psychological satisfaction in that, yet guys still have to figure if they are going to hold back some value in order to be able to buy dips, whether that is 25% or some other amount that they might choose to hold back.

Well I don't think holding back funds just for the purpose of buying in the dip is right especially for newbies because if they have that mindset they will hold more funds and wait for the dip rather than investing it and before you know it there attention will totally shift from DCA to wait for dip, I think newbies should build there reserve funds and if along the line they see a good use for it then they can use it, it most not be for dip only.
Well what may be enough Bitcoin for you may not be for another person but is right and good we have a high standard for ourselves.

Surely once a guy builds up his emergency fund, perhaps as he continues to build up his bitcoin stash, at some point he will get to a level of emergency funds  that he considers that he has enough, and then as you suggested, he can continue to build up back up funds that would fit into the category of reserve funds, and sure, those reserve funds might be multi-purposed, and surely they might have priorities that vary.. such as the guys saving up to buy a new car might have a higher priority than his  buying a new phone since he might know that the car might help him with his income or some other thing that he is trying to achieve related to his business... I am just using this as an example, and surely some folks buy cars for income generating purposes, and other guys buy cars for status and/or convenience purposes that may or may not justify the extra expense.. but guys have to make their calculations, and sure if a guy had saved up $2,000 for a new car, and he still need to get to around $3,500 to be able to buy the one that he wants, then sure if the bitcoin price dips, he might have a dilemma regarding what he perceives as more important, his saving up for the car or his buying some bitcoin, and maybe if he already has a car, then he might consider that his need to upgrade his car might not be a high priority, so maybe he takes half of his car savings to buy bitcoin, which delays his ability to get the car by around 2-3 months.. .and those are choices that he has to make and the outcome of those decisions may well not be the same for each guy in terms of his calculating of his priorities.

Yeah everyone has his or her own priority and anyone you think is your priority is fine and using your reserve funds on them is okay.
From your example I think if someone is actually building his reserve funds so he can use it to purchase a car and along the line a dip happens in Bitcoin the only reason he should use part of the money to accumulate Bitcoin is if the car is really not that important and it won't affect his financial status if he decides not to buy it at a calculated particular time it won't affect his finance but if the car might help him with his income or some other thing that he is trying to achieve related to his business just like you said earlier I will advise he goes for the car first because that's is part of his source of income and one can't afford to jeopardize his source of income as an investor.

DCA strategy is seen as one of the best investment strategy because it gives you the opportunity to accumulate Bitcoin at every price as we all know Bitcoin rise and fall the price fluctuate so using DCA strategy will make you buy at every price high and low.
Using DCA strategy to accumulate will also make you enjoy the process of Bitcoin investment.
DCA also eliminates the pressure of trying to time the market or predicting it.
Lastly by sticking to weekly or monthly accumulation of Bitcoin reduces emotional decision making the DCA strategy promotes discipline in investment, there by removing panic from investors during dip and also making them to focus only on long term investment.

This is all true.  Regular buying is good for anyone who is still trying to build up their bitcoin stash and they consider themselves to be needing a lot more bitcoin.  Some level of certainty comes from continuing to buy which is that your BTC stash will continue to get larger, even if the BTC price is likely fluctuating a lot along the way, you are still able to figure out how aggressively you are able to ongoingly buy bitcoin  at regular intervals no matter the bitcoin price...and perhaps 4-10 years or longer down the road, you will have accumulated a decent amount of BTC and even potentially put yourself at an advantage in terms of the various options that you have because of your having had accumulated bitcoin.. yet your profits are not guaranteed, even if you did everything perfectly.

Yes that's true no one is certain what will come out of his or her Bitcoin investment and that is the little risk there, Bitcoin investment is risky too because just like you said your profit is not guarantee, I think as Bitcoin investor we should also bear this in mind also that our profit is not guaranteed because of the volatile nature of Bitcoin and since no one can predict correctly what may happen it means anything can happen and that why Bitcoin investment is risky however no matter how volatile Bitcoin is if you keep holding there's a great hope of getting profit even if is not certain.

Even though anything can happen, there surely are various probabilities that can be assigned to different future outcomes, and some outcomes have higher probability as compared with other future outcomes.  We are not going to think through our probability assignments in the same way, and surely there are ways to prepare for a variety of outcomes without even being correct in the specifics, yet with bitcoin we may well hope that we are directionally correct, even if we might end up being wrong with specifics.

There are also ways to prepare for low probable events without overly preparing for them...so for example, even in 2022, there were many guys who got reckt when the BTC price went below the 200-WMA, which was then around $22k in June 2022, and the 200-WMA ended up moving up to $28k in late 2023.  In any event there were guys who were predicting that the BTC price would not go below the 200-WMA, and they overly bet on such outcomes, and surprisingly bitcoin spent a lot of time between June 2022 and October 2023 near or below the 200-WMA. 

It was likely a low probability event that ended up happening, but several guys were still able to hold through that period and even keep buying BTC during that time, even though they might have had suffered financially (at least on paper) during that time, but if they held through it and even held until current time, their bitcoin holdings are going to be nearly 4x better off, even today with our dip down to $80k as compared to where they were at during that period and while some other folks were completely destroyed by such bitcoin price moves because of the way that they had set up their bitcoin holdings without properly accounting for possible extreme negative scenarios like that to end up playing out.  There are other similar examples in bitcoin's history, and likely in the future there will be additional examples of extreme bitcoin price movements in the down and/or in the up direction.

From your explanation it is clear that the only way to become successful in Bitcoin investment or to overcome the risk in Bitcoin investment is to keep holding till you see is a good time to take profit so for those who set a target of 4 to 5 years you may not benefit because of Bitcoin volatile nature, I believe those who who has been holding from 2013 or 2018 till date may not have target of the number of years they want to hold for, if you set a target of 5 years and getting to that 5 years a dip happens will you still sell or you will keep holding, I think the right approach is to keep holding till the right time and since know one can predict the future or tell what will happen in the future is better to remove number of years target and keep holding till the right time and when is the right time the right time is when Bitcoin reaches a new great mile stone.

Each of us has to figure this out, and surely there have been a lot of guys who sold way too much of their bitcoin way too soon, and surely once we get through a whole cycle of accumulating bitcoin, we may well have to figure out some new ways of evaluating our bitcoin that are based on how far we have gotten in our accumulation and if we want to sell all our bitcoin right away or if we might enter into some kinds of a sustainable withdrawal of our bitcoin.  Surely, even if previously, we might have had assessed that we could sell all of our bitcoin, we might come to realize that it would be better if we figured out how to employ some kind of a sustainable withdrawal system, which might mean that we have to continue to accumulate for another cycle, perhaps depending on how much bitcoin we had already accumulated, and sure there could also be situations where we might conjecture that we had accumulated enough bitcoin, yet we still are not in a position to start selling within our sustainable withdrawal, so instead we might transition to either buying dips or perhaps we might consider that we might have a whole cycle of HODLing before we might be ready to transition from accumulation, to maintenance and then to sustainable  withdrawal.  I think that I try to help with the making of those kinds of calculations in my sustainable withdrawal thread, yet guys are going to have to independently assess if they agree with some variation of my approach or if they believe that they would be better off taking some other kind of an approach towards their bitcoin portfolio management.

You are right for the fact that Bitcoin is still growing it is never advisable that when one has accumulated enough he should sell off all his Bitcoin the best thing to do is to withdraw little by little, my own reason for saying that is that a growing asset like Bitcoin has big potential and you selling all your Bitcoin at once may lead to you regretting in the future, just imagine you have accumulated enough Bitcoin and you decide to sell off all your Bitcoin and at that time bitcoin is $150k and after the sell a year later Bitcoin hits $250k or $300k I'm sure you will feel a little bit of regret in you but if you had sold only some of the Bitcoin you will still profit from that rise with the once you kept.
The point is that you don't have to close your Bitcoin investment by withdrawing all of your accumulated Bitcoin, let it be an investment you should keep growing when you have accumulated enough you may decide to keep holding or you may still decide to be accumulating more maybe only when there's a dip, you can sell but don't sell all, entering into some kinds of a sustainable withdrawal will surely be nice and help us maintain our investment.

[Popkon6]

I do not expect anyone to start their investment perfectly. As humans we are not limited to making mistakes in different aspect of our life.

Franky speaking bitcoin investment is not a smooth ride it is like a roller coaster it goes and goes down at regular interval.

~~.

In DCA method there's nothing like buying when the price is low because in DCA method an investor will buy at any phase of the market ( low and high) funny enough some people don't even know the difference between DCA and buy the Dip. Moreover, Patient is very necessary in Bitcoin investment because without it even if you have steady and stable source of income you will definitely sell your investment when it is not yet due.

DCA method is easy to understand. What people need to do is to know how to manage well their finances. Since if they don't know how to balance their spending's  the chance  for them to succeed is low.  they might have this sell now mentality then start over again mindset which is not advisable since chance to earn is guaranteed especially for short term sellers.

Patience and money management since this is essential factor especially if we want to invest on Bitcoin for long term. That's why we need to develop good discipline aside from thinking only for consistent accumulation so that everything will take place according to our long term plans.

DCA method is easy to follow but managing finances properly is quite difficult, it is not easy for every person. We know that in daily life, not everyone's source of income is equal, so those who can earn a good income can see success early, and those who have a small source of income can see success by investing very late. Basically, every person's mindset is different in terms of investment, some try to find a source of income from there by making short-term investments, while others invest long-term to get good success.

Patience is not easy for every person, many cannot do this, and many fail to manage finances, so it is important for them to have patience and financial management first. If you plan for long-term investment, then you must have financial stability and patience, and you must gain good experience about the market. If you can save along with your income and maintain discipline from there consistently, then you can plan for long-term investment, you can see success from this investment, but you always have to do everything with patience.

New people may fall prey to such a situation, it is not easy to be confident in Bitcoin investment, so according to what we will discuss in these topics, a new investor can gain confidence. We will not confuse new investors by discussing unnecessarily, we will never think about short-term investments because we can only achieve success through long-term investment. If you can invest with a small amount and follow the DCA method for a long time, then you can definitely achieve success from your place, it is not that Bitcoin investment will be successful only if you have more money, but it is possible to achieve success only by following the strategy and intelligence and DCA method.
 If you follow the DCA method regularly on a weekly basis, then you yourself can also achieve success, the difference is not in money, the difference is in adopting skills and strategies.

[Derekfunds]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

Funny enough the Government is aware and they know the potential of Bitcoin and what Bitcoin is capable of in the future so whatever you see the Government doing now is intentional and they are doing it for their selfish interest. Bitcoin is a very nice asset and can never be denied by anyone even if they don't believe on it because over the years it has proven it and will still prove it over and over again, I don't care what anyone says about Bitcoin so long as I know what it is and is capable of... I will continue to accumulate and hold it till I feel satisfied with my holding because I know if I should hold my Bitcoin successfully in the future I won't be the same with someone that doesn't hold just as we are not the same with people that hold Bitcoin back then.

[Tamaperdana]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

Bitcoin is indeed undeniable that sooner or later it will be recognized by many people, communities, and even by many countries. Because currently, several countries, for example El Salvador, have already adopted bitcoin and this is certainly a very appropriate choice. So it is certain that seeing El Salvador's investment in bitcoin running smoothly, other countries will definitely start to glance at bitcoin and consider it to choose the same path as El Salvador has done. Because basically bitcoin is indeed worthy of being called the best investment asset today, because for me personally, there are several things that made me decide to invest in bitcoin. These are bitcoins cannot be cheated or manipulated by anyone and bitcoin is also a very good store of value. For these 2 things, I personally really do not hesitate to invest in bitcoin. Because if we compare other investment assets, in my opinion it is very easy to cheat or manipulate. So that's why bitcoin investors are increasing day by day, that's because currently many people are slowly realizing the advantages of bitcoin, including a country too. So if, for example, Bitcoin is said to be able to change the world economy, I think that is indeed possible.

[Call_Me_Guru]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

Bitcoin is indeed undeniable that sooner or later it will be recognized by many people, communities, and even by many countries. Because currently, several countries, for example El Salvador, have already adopted bitcoin and this is certainly a very appropriate choice. So it is certain that seeing El Salvador's investment in bitcoin running smoothly, other countries will definitely start to glance at bitcoin and consider it to choose the same path as El Salvador has done.

You are wrong that several countries have adopted bitcoin, we need more of them, but you are correct that El Salvador has adopted it. In El Salvador, the relationship is more than just an adoption but a legal tender. This is bigger than just dealing with bitcoin, it has been covered by the law to protect all bitcoin holders and users in the country.

Haters will cry because bitcoin is the future, it is the way to go by many generations to come, our generation is just the foundational opener, by the next decades, people will be begging others if they have bitcoin to sell, it will be very important and scarce by then. Those who can see the future should start buying and keeping their bitcoin, even the government that didn't buy will regret it.

[asarfiar]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

Bitcoin is indeed undeniable that sooner or later it will be recognized by many people, communities, and even by many countries. Because currently, several countries, for example El Salvador, have already adopted bitcoin and this is certainly a very appropriate choice. So it is certain that seeing El Salvador's investment in bitcoin running smoothly, other countries will definitely start to glance at bitcoin and consider it to choose the same path as El Salvador has done.

You are wrong that several countries have adopted bitcoin, we need more of them, but you are correct that El Salvador has adopted it. In El Salvador, the relationship is more than just an adoption but a legal tender. This is bigger than just dealing with bitcoin, it has been covered by the law to protect all bitcoin holders and users in the country.

Haters will cry because bitcoin is the future, it is the way to go by many generations to come, our generation is just the foundational opener, by the next decades, people will be begging others if they have bitcoin to sell, it will be very important and scarce by then. Those who can see the future should start buying and keeping their bitcoin, even the government that didn't buy will regret it.

Bitcoin's speed is increasing constantly, almost the world around the world is moving towards Bitcoin. El Salvador is accepting Bitcoin because he understands that in the next few years it will give investors a sky -touching ATH. Although different countries are taking Bitcoin through legal tenders butIt is difficult to control it under the law Many people are giving more importance to their own plans for a long time in adoption of Bitcoin Because they know that it will not be possible for the government to control it through the law.

In some countries, Bitcoin, although the government is reluctant to accept the government, I think the government should be interested in taking Bitcoin, thinking of the overall situation of a country. Because I hope that if the people of a country can continue to invest in Bitcoin on a regular basis even with very few capitalAfter waiting a long time, you will get an economic support that is equal to one -time money in government service. And if a government or a citizen of that country does not accept it, then at one time they will have nothing but regret.

[Ricardo11]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

Bitcoin is indeed undeniable that sooner or later it will be recognized by many people, communities, and even by many countries. Because currently, several countries, for example El Salvador, have already adopted bitcoin and this is certainly a very appropriate choice. So it is certain that seeing El Salvador's investment in bitcoin running smoothly, other countries will definitely start to glance at bitcoin and consider it to choose the same path as El Salvador has done.

You are wrong that several countries have adopted bitcoin, we need more of them, but you are correct that El Salvador has adopted it. In El Salvador, the relationship is more than just an adoption but a legal tender. This is bigger than just dealing with bitcoin, it has been covered by the law to protect all bitcoin holders and users in the country.

Haters will cry because bitcoin is the future, it is the way to go by many generations to come, our generation is just the foundational opener, by the next decades, people will be begging others if they have bitcoin to sell, it will be very important and scarce by then. Those who can see the future should start buying and keeping their bitcoin, even the government that didn't buy will regret it.

Bitcoin's speed is increasing constantly, almost the world around the world is moving towards Bitcoin. El Salvador is accepting Bitcoin because he understands that in the next few years it will give investors a sky -touching ATH. Although different countries are taking Bitcoin through legal tenders butIt is difficult to control it under the law Many people are giving more importance to their own plans for a long time in adoption of Bitcoin Because they know that it will not be possible for the government to control it through the law.

In some countries, Bitcoin, although the government is reluctant to accept the government, I think the government should be interested in taking Bitcoin, thinking of the overall situation of a country. Because I hope that if the people of a country can continue to invest in Bitcoin on a regular basis even with very few capitalAfter waiting a long time, you will get an economic support that is equal to one -time money in government service. And if a government or a citizen of that country does not accept it, then at one time they will have nothing but regret.

Bitcoin will become an important part of the global economy in the future, although it seems impossible at the moment, it is very possible, since Donald Trump will make Bitcoin a part of their economy in an important country like the United States, (although it is uncertain) because he said this a long time ago and there has been no update on it until now. But, still if it is implemented in the future, Bitcoin will become an important part of the entire world's economy.
Bitcoin provides the most benefits in every regard, and El Salvador understands this very well, that's why they are giving so much importance to Bitcoin. Given the trend that Bitcoin is moving in, the level that Bitcoin is going to move in the future, every investor should invest as much as possible at today's market price and hold Bitcoin for the future. Bitcoin is definitely going to achieve greatness in the future.
Therefore, the more an investor can collect at the current price, the more he will benefit in the future, because the price of Bitcoin is currently very small compared to the future potential, this is just the beginning of success. So those who neglect investing now will regret it the most in the future. So while there is time and opportunity, you should make the most of it, and invest in Bitcoin for the future.

[sotelorene]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

Bitcoin is indeed undeniable that sooner or later it will be recognized by many people, communities, and even by many countries. Because currently, several countries, for example El Salvador, have already adopted bitcoin and this is certainly a very appropriate choice. So it is certain that seeing El Salvador's investment in bitcoin running smoothly, other countries will definitely start to glance at bitcoin and consider it to choose the same path as El Salvador has done.

You are wrong that several countries have adopted bitcoin, we need more of them, but you are correct that El Salvador has adopted it. In El Salvador, the relationship is more than just an adoption but a legal tender. This is bigger than just dealing with bitcoin, it has been covered by the law to protect all bitcoin holders and users in the country.

Haters will cry because bitcoin is the future, it is the way to go by many generations to come, our generation is just the foundational opener, by the next decades, people will be begging others if they have bitcoin to sell, it will be very important and scarce by then. Those who can see the future should start buying and keeping their bitcoin, even the government that didn't buy will regret it.

Using the word scarce for Bitcoin is wrong because Bitcoin can never be scarce you know why, the reason is because as we are buying and holding so is also traders and some other persons will be selling. Perhaps the only thing that can happen to Bitcoin is that it will surge and it value will be more compare to now but one good thing about it is that no matter the value or height it attain the DCA method is always there to help people but it will be unwise for someone who has the opportunity to invest now and refuse to invest because there will be opportunities he or she will forgo or miss out, anyone who has the opportunity now to invest should utilize it and enjoy in the future while other people will be struggling to...

[Btcdeybodi]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

The government will later embrace bitcoin at last but for now they still feel threatened by the presence of bitcoin because those that are investing in bitcoin finds it more convenient to store their wealth in Bitcoins because it is covered from inflation unlike Fiats that are prone to suffer inflation continuously. The only thing the government will do after embracing bitcoin will be to begin to regulate and taxing those who are performing bitcoin transactions on exchanges which i see as one of the challenges that bitcoiners will face when bitcoin becomes adopted by the government because since it is a valuable asset like bitcoin, it may attract higher taxes. Wish the government can just allow us perform bitcoin transactions without those taxes because it's still same thing they are doing to Fiat transactions, now what will be the difference, only the anonymity of performing bitcoin transactions from one bitcoin address to another but when you want to exchange your bitcoins, the transactions will now move out of anonymity on exchanges since our KYC information will be known.

[POPOLUV]

This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.

If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

Bitcoin is indeed undeniable that sooner or later it will be recognized by many people, communities, and even by many countries. Because currently, several countries, for example El Salvador, have already adopted bitcoin and this is certainly a very appropriate choice. So it is certain that seeing El Salvador's investment in bitcoin running smoothly, other countries will definitely start to glance at bitcoin and consider it to choose the same path as El Salvador has done.

You are wrong that several countries have adopted bitcoin, we need more of them, but you are correct that El Salvador has adopted it. In El Salvador, the relationship is more than just an adoption but a legal tender. This is bigger than just dealing with bitcoin, it has been covered by the law to protect all bitcoin holders and users in the country.

Haters will cry because bitcoin is the future, it is the way to go by many generations to come, our generation is just the foundational opener, by the next decades, people will be begging others if they have bitcoin to sell, it will be very important and scarce by then. Those who can see the future should start buying and keeping their bitcoin, even the government that didn't buy will regret it.

Using the word scarce for Bitcoin is wrong because Bitcoin can never be scarce you know why, the reason is because as we are buying and holding so is also traders and some other persons will be selling. Perhaps the only thing that can happen to Bitcoin is that it will surge and it value will be more compare to now but one good thing about it is that no matter the value or height it attain the DCA method is always there to help people but it will be unwise for someone who has the opportunity to invest now and refuse to invest because there will be opportunities he or she will forgo or miss out, anyone who has the opportunity now to invest should utilize it and enjoy in the future while other people will be struggling to...

If you have any sources of income either by daily or monthly earning and you know that you are capable of buying Bitcoin without selling your Bitcoin in a short cycle, so is better buying Bitcoin aggressively now than later,  because life without future investments is like hoping to be rich when you didn't plan for it, and I'm very sure that Bitcoin will be scarce  in future to come, So any investor that has not started buying Bitcoin, should buy Bitcoin and be building your Bitcoin portfolio gradually because there is still time to start buying and accumulating.

[l99l]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

[red4slash]

Not a few people who are even in bitcoin but they are destroyed because they do not have good planning from the start because they do not think about their financial condition but try to be aggressive for future investments.

Although sometimes our intentions are good enough to be in bitcoin and invest in it, we still have to be aware that we have to think about financial management from the start so that in the end what we plan in the future in the investment we run is in accordance with what we expect and plan.

I do not expect anyone to start their investment perfectly. As humans we are not limited to making mistakes in different aspect of our life.

Franky speaking bitcoin investment is not a smooth ride it is like a roller coaster it goes and goes down at regular interval.

There is no such thing as perfection but in this case we can minimize losses with good planning and strategy of course so as not to let what we do in investment is just a kind of experiment because of the intention alone it is a mistake.

Therefore, although in the end there will be obstacles that will definitely come in our investment journey, we can still minimize it with good planning and strategy. The key is to enjoy all the processes that we carry out in investing and remain confident in what we invest.
Failure in bitcoin is only for those who are not sure about bitcoin and get out because of high concerns but when we are all sure and stick to the initial plan for a long time as always discussed in 5-10 years or even more in the end failure can still be minimized even I think it will not be a failure but success in the investment we do.

[JayJuanGee]

[edited out]

You are right for the fact that Bitcoin is still growing it is never advisable that when one has accumulated enough he should sell off all his Bitcoin the best thing to do is to withdraw little by little, my own reason for saying that is that a growing asset like Bitcoin has big potential and you selling all your Bitcoin at once may lead to you regretting in the future, just imagine you have accumulated enough Bitcoin and you decide to sell off all your Bitcoin and at that time bitcoin is $150k and after the sell a year later Bitcoin hits $250k or $300k I'm sure you will feel a little bit of regret in you but if you had sold only some of the Bitcoin you will still profit from that rise with the once you kept.
The point is that you don't have to close your Bitcoin investment by withdrawing all of your accumulated Bitcoin, let it be an investment you should keep growing when you have accumulated enough you may decide to keep holding or you may still decide to be accumulating more maybe only when there's a dip, you can sell but don't sell all, entering into some kinds of a sustainable withdrawal will surely be nice and help us maintain our investment.

I doubt that the point is whether the BTC price might go up or down, since I doubt that it is good to potentially reach a status of overaccumulation and then start to trade bitcoin rather than having a practice that is more regular and ongoing.

Let's say that on average a bitcoin investor has been investing right around $100 per week in the past 9 years, and over that time, his income has gone from $30k per year to $40k per year, and so in the past 9 years he had invested $47k into bitcoin, yet at the same time he has accumulated close to 12 BTC.  He is thinking that he will stop working once he concludes that he can sustainably withdraw $80k per year from his bitcoin investment. 

Right now, he feels that he is not quite to that level, since right now 12 BTC would only get him around $54k per year in income, and so he would prefer to have a wee bit higher income, which he thinks that if he either keeps buying bitcoin or he just waits for a couple of years, then his bitcoin holdings will be at a status in which he can start to sustainably withdraw $80k per year, and he is not depending on withdrawing large portions of his BTC in order to accomplish such sustainable withdrawal. 

In other words, why spend 9 years building up an investment in one of the best, if not the best, investment asset known to man, and then to sell large portions of it, when bitcoin has much more promise to continue to generate income based on staying invested into it rather than fucking around by trying to trade it.  One way to convert a solid investment, such as bitcoin, into a loser is by selling too much too soon... especially since with the passage of time, bitcoin's investment thesis is not getting weaker.

[Churchillvv]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

Perhaps too much expectations cause guys like you to think that it's too early to enter the market while other guys say it's too late to enter the market.

Several opinions of the market yet we are not over with the bull market, if course the reason why guys think it's over is because you guys attached bitcoin value to the new US government hoping and/or over expecting the government to pump the market, yet it seems to me that such expectations shows that you don't know bitcoin yet but only perceives it as a pump and dump shit which it's obviously not.

If eventually the bull run is over which is probably not then buying at any given price is best rather than waiting for the perfect opportunity or price since bitcoin sometimes is very much unpredictable grabbing every moment is more like the gold in bitcoin market as what seems to be too early might end up being too late.

Additionally their is no too early, there is no too late - only a given opportunity hence depends on your capacity to accumulate.

Waiting only results to losing the opportunity, so better grab the corn and hold it.

[BITCOIN4X]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

What are you waiting for, you might miss the bottom and just buy at a higher price if you approach investing like this. It's best to do DCA, I think this is one of the safest approaches for you if you think the price can go lower. You may miss the train if you wait for the bottom, while the price of bitcoin could reverse quickly if you don't buy it now. Really this isn't financial advice for you, but I think this is the best time to buy.

If you have cash, then buy now and do DCA. You can buy with 50% now of your total budget, then 25% on the next occasion and 25% again on the third occasion. This is much better than wasting an opportunity like now. By the way, I just saw bitcoin down more than 5% where the price is around $78k, don't you want to buy it?

[Joy- maker]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

it's not too early to buy bitcoin and I don't see how the market is that bad for you to make such a statement, to me waiting for the bottom of bitcoin before buying is just a waste of time, start now to buy bitcoin with the cash you have set aside using DCA method, because I don't see any reason why you should be waiting for the bottom of bitcoin before you start buying.

[Sonia_123]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

Perhaps too much expectations cause guys like you to think that it's too early to enter the market while other guys say it's too late to enter the market.

Several opinions of the market yet we are not over with the bull market, if course the reason why guys think it's over is because you guys attached bitcoin value to the new US government hoping and/or over expecting the government to pump the market, yet it seems to me that such expectations shows that you don't know bitcoin yet but only perceives it as a pump and dump shit which it's obviously not.

If eventually the bull run is over which is probably not then buying at any given price is best rather than waiting for the perfect opportunity or price since bitcoin sometimes is very much unpredictable grabbing every moment is more like the gold in bitcoin market as what seems to be too early might end up being too late.

Additionally their is no too early, there is no too late - only a given opportunity hence depends on your capacity to accumulate.

Waiting only results to losing the opportunity, so better grab the corn and hold it.

Bitcoin price increase has not and will not be tied to anyone or country.for the price increases, Bitcoin stands on its own and no one has attached Bitcoin value to US government or any country.

All what most persons taught and was expecting from President Trump was that the way he behaved and rally around with Bitcoin during his campaign was that a lot of persons taught he his always in support of Bitcoin and that nothing will make you and I still believe that one day Bitcoin will be more valueable in the US, but to their greatest surprised was that,the president went and made his own coin thereby leaving Bitcoiners and a lot of persons were shock and disappointed by his actions . The pump and the dump can't be determi

[xSkylarx]

Investing in shitcoin or any high risk assets should be done with  caution and a clear understanding of potential risk and reward.

A new investor should not think of shitcoins as an investment because they don't have the potential to grow overtime instead most of them depreciates overtime. Investing in shitcoin is gambling because you can be rugged pull at any moment, so I would advise you not to waste your precious time and money on shitcoins because you will regret in the long run. Bitcoin is decentralized making it more unique to invest in for the future.

No amount of education and knowledge will save you from running at loss in shitcoin.

The reason why many new investors are more attracted to investing into shitcoins or what we call memecoins nowadays is because of the hype and potential for quick gains. Memecoins that are popular like PEPE or SHIB often have strong communities. Even popular personalities ride on it's hype to pump the price. It's also more appealing to new investors in crypto since a small investment can turn into a massive gains in less than a day. Your capital can be easily doubled if you enter early. If you tell them about it's risk like they can fall into pump and dump scheme, they will just ignore it. They won't listen if you tell them that bitcoin is the most safest crypto to invest as a starter. Some would even say that the price is too high already that their investment would not gain much profit.

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

What are you waiting for, you might miss the bottom and just buy at a higher price if you approach investing like this. It's best to do DCA, I think this is one of the safest approaches for you if you think the price can go lower. You may miss the train if you wait for the bottom, while the price of bitcoin could reverse quickly if you don't buy it now. Really this isn't financial advice for you, but I think this is the best time to buy.

If you have cash, then buy now and do DCA. You can buy with 50% now of your total budget, then 25% on the next occasion and 25% again on the third occasion. This is much better than wasting an opportunity like now. By the way, I just saw bitcoin down more than 5% where the price is around $78k, don't you want to buy it?

The top reason I can think of why many people often forget or not to do DCA is they want the maximum potential profit of their investment. They want to buy at the most lowest price they can think of that will give them huge gains. If you ask them when or what price it will be, they can't answer because predicting it accurately is very impossible. It pains them to do DCA if price goes lower than they bought it. To me, DCA strategy is the best approach when investing. Regardless if the price goes up or down, you will consistently buy a certain portion of bitcoin or any type of asset if you think it will benefit you in the future.

[Btcdeybodi]

I think it's too early to buy when the markets are this bad and the same blood has spread to Bitcoin, I'm not sure we haven't seen the bottom yet.
I have some cash set aside for bad days like this, maybe I'll buy it gradually or wait to see the bottom.
Even in the current economic situation, I think Bitcoin has remained quite solid, isn't it clear from the current situation that it will get much better results in the future, if I can buy Bitcoin cheaper, I will automatically perceive it as a great thing.

What makes it too early to by bitcoin now?, and what do mean by the bottom, is there a fixed DIP price to be called the bottom? If the price of bitcoin is falling, it is a time to buy more bitcoins if you have reserved funds but you should not empty your reserve, what you will be doing is to buy at every DIP price that is if you have enough reserve funds in your discretionary income. So you buy at every DIP price continuously till the price begins to skyrocket again then you can just focus on your usual DCA. Already, the market corrections we are seeing now is advantageous to those who have been waiting for a DIP and those who have been waiting to buy more bitcoins when the price falls, so it may look like the decline in the price is affecting the market but somehow, it is a blessing in disguise and when you will know this is when you have acquired now and hold for a longer period of time when the price will skyrocket again are possibly get a new ATH.