Buy Buy Buy or Sell Sell Sell?

[pusaka]

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more, the beauty of holding Bitcoin is that no amount is too small so far the holder is considering holding for a very long period, you can do it daily, weekly or monthly and according to the income you generate. The more you hold Bitcoin, the more advantage you get compared to someone who's held for a lesser period someone who's held Bitcoin for a decade or 2 decades would be at more advantage and profit compared to someone who held for 5 years due to the ability of the coin increasing over time.

Yes, bitcoin is recommended to be held for a long time, and we can even accumulate the amount when the market experiences a correction with the money we have. Many people have proven and felt that when they hold it for a long time, they can eventually get big profits, including me. And even this may be only a little that we hold compared to people who have more money. But that's not a problem at all, as long as we want to do it, then any amount is not a problem. Yes, maybe we will feel and want to hold more, well there we try to find more sources of our income to later allocate to buy bitcoin.

[ejikeme24]

Edited out

There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.

I have seen that the prices of Bitcoin have risen tremendously in the last 1 decades However, in the case of the price, a large number of courtyards can be seen again You can hold Bitcoin for at least 2 cycles if you want I think you should invest some of your original wealth in Bitcoin in holding Bitcoin for 20 yearsLong your portfolio in small size. Investing small numbers using the DCA method can be a safe strategy to invest in a long period of time. Which will help reduce the average price in your market fluctuations.

There is no barrier to Bitcoin investment, you can continue to invest with a little money In the long run you can invest in Bitcoin every day in your income (10-15%) And the rest of the money can be left in the shares bond, real estate and any  That way you hold your long day bitcoin You can continue the journey.

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more, the beauty of holding Bitcoin is that no amount is too small so far the holder is considering holding for a very long period, you can do it daily, weekly or monthly and according to the income you generate. The more you hold Bitcoin, the more advantage you get compared to someone who's held for a lesser period someone who's held Bitcoin for a decade or 2 decades would be at more advantage and profit compared to someone who held for 5 years due to the ability of the coin increasing over time.

The data that has been presented from over the last ten years shows that Bitcoin could actually have a very long way to go. If we are talking about growth and multiplying the waiting period of the buyer of the coin to 5 years or more is a very clever strategy for those who trust in its future with great hopes. Even though it may sound mind-blowing for Bitcoin to be worth $1 million, it is actually a possibility given its track record and the increasing adoption.

Keeping Bitcoin for 10 or 20 years will definitely be your way of surviving the generational wealth transfer as Bitcoin which is limited in production will have the efficiency to multiply its value over time. A long-term mind-set and step by step investment is the best approach for investors who are willing to take a chance on the future of their own choice. Patience and consistency are the key as building wealth is not just an overnight process.

And lastly, we should pay more attention to our stash of Bitcoin because that's what going to determine how profitable and successful we are going to be in the future, because you can't just invest only $100 and be expecting to be filthy rich, your unit of Bitcoin is what's going to determine how huge your harvest will be, so try to increase your stash as much as possible because that's what will determine how successful you might be in the future.

You just hit the nail on the head bro, of course the stash of bitcoin we have in our portfolio will determine if the return is going to be massive or not, so any investor who is having the intention of becoming Rich through bitcoin investment should do well to accumulate more than enough bitcoin in his portfolio, because you can't be expecting a bigger return when you only have a little amount of bitcoin in your portfolio. is just like when you're running a business your capital will determine how much profit you're going to make from your business in the initial time.

Obviously we keep hearing the success story of those early Investors on how they became rich through bitcoin investment, this set of people invested heavily in bitcoin, most of them even get to the status of overaccumulation which is why they were able to get a good return. So anyone who is hoping to get profited unlike those earlier investors need to ensure that they get to the status of overaccumulation, even if you can't get to that status but you need to ensure that you have accumulated enough stash of bitcoin in your portfolio before hoping for such dream to come true.

[Aanuoluwatofunmi]

the data that has been presented from over the last ten years shows that Bitcoin could actually have a very long way to go.

Is there any reference to take on this, so that we can read more further to understand better, or are you referring to the general bitcoin performance from its market price as at when we stated to where it is today.

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more, the beauty of holding Bitcoin is that no amount is too small so far the holder is considering holding for a very long period, you can do it daily, weekly or monthly and according to the income you generate. The more you hold Bitcoin, the more advantage you get compared to someone who's held for a lesser period someone who's held Bitcoin for a decade or 2 decades would be at more advantage and profit compared to someone who held for 5 years due to the ability of the coin increasing over time.

Yes, bitcoin is recommended to be held for a long time, and we can even accumulate the amount when the market experiences a correction with the money we have. Many people have proven and felt that when they hold it for a long time, they can eventually get big profits, including me. And even this may be only a little that we hold compared to people who have more money. But that's not a problem at all, as long as we want to do it, then any amount is not a problem. Yes, maybe we will feel and want to hold more, well there we try to find more sources of our income to later allocate to buy bitcoin.

For any investor who don't want to ran into any unforeseen circumstances, then they must be able to hodl as they invest for the market to rise and then take decision after this have been achieved, because without doing much, holding could be the most preferred way to hold bitcoin as an asset, whereby its also the most lucrative way to preserve its value over time, if we don't want inflation and other economic imbalances affect our asset, bitcoin has been seen as the most lucrative idea, currency and investment to hodl them in such a profitable manner, we could understand more of this from the increase in its adoption and how other centralized institutions are adopting the use of bitcoin and for its reserve asset.

[SuperBitMan]

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more, the beauty of holding Bitcoin is that no amount is too small so far the holder is considering holding for a very long period, you can do it daily, weekly or monthly and according to the income you generate. The more you hold Bitcoin, the more advantage you get compared to someone who's held for a lesser period someone who's held Bitcoin for a decade or 2 decades would be at more advantage and profit compared to someone who held for 5 years due to the ability of the coin increasing over time.

Many people have proven and felt that when they hold it for a long time, they can eventually get big profits,

Holding Bitcoin for long term is a very good way to go with Bitcoin investment however big profit like you said is not still guaranteed because no one is really sure of the future at come of Bitcoin, yes with the way Bitcoin is going right now for example more people getting to know about Bitcoin and investing in it and nations and states now having a Bitcoin reserve, with this there's a great hope for Bitcoin in the future but there can also be a change of things in the future which may not be in the future of Bitcoin so therefore even those investing on Bitcoin for a long term are also taking risk because there profit or gains are not 100 percent guaranteed.
Some newbies who are into Bitcoin investment where told that as long as they buy and hold Bitcoin for long term they can eventually get big profits and they decided to join without knowing that even with the long term holding is still risky.
It will be more better that when telling someone to start Bitcoin investment and you tell them about what they stand to gain you also tell them the risk involved.

[Stormisover]

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more, the beauty of holding Bitcoin is that no amount is too small so far the holder is considering holding for a very long period, you can do it daily, weekly or monthly and according to the income you generate. The more you hold Bitcoin, the more advantage you get compared to someone who's held for a lesser period someone who's held Bitcoin for a decade or 2 decades would be at more advantage and profit compared to someone who held for 5 years due to the ability of the coin increasing over time.

Yes, bitcoin is recommended to be held for a long time, and we can even accumulate the amount when the market experiences a correction with the money we have. Many people have proven and felt that when they hold it for a long time, they can eventually get big profits, including me. And even this may be only a little that we hold compared to people who have more money. But that's not a problem at all, as long as we want to do it, then any amount is not a problem. Yes, maybe we will feel and want to hold more, well there we try to find more sources of our income to later allocate to buy bitcoin.

You are right, how other people are going about their investment shouldn't be a problem because people financial ability is not the same and we are advised to build our investment within our own financial circumstances since looking at what others are doing can lead to impulsive decision that we influence our investment negatively, no matter how small our investment amount is we don't have to compared it to others Bitcoin investment is not a competitive investment, identify your own level of finance, risk tolerance and stay in your own space.

[Mame89]

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more, the beauty of holding Bitcoin is that no amount is too small so far the holder is considering holding for a very long period, you can do it daily, weekly or monthly and according to the income you generate. The more you hold Bitcoin, the more advantage you get compared to someone who's held for a lesser period someone who's held Bitcoin for a decade or 2 decades would be at more advantage and profit compared to someone who held for 5 years due to the ability of the coin increasing over time.

Yes, bitcoin is recommended to be held for a long time, and we can even accumulate the amount when the market experiences a correction with the money we have. Many people have proven and felt that when they hold it for a long time, they can eventually get big profits, including me. And even this may be only a little that we hold compared to people who have more money. But that's not a problem at all, as long as we want to do it, then any amount is not a problem. Yes, maybe we will feel and want to hold more, well there we try to find more sources of our income to later allocate to buy bitcoin.

If anyone asks What is the best investment for the next 10-20 years? The answer is of course bitcoin. Therefore, if you have more funds for long-term investment, it is advisable to buy bitcoin. What needs to be instilled for bitcoin investors is not to be allergic to the decline in investment value because to become a true investor, this is the momentum and opportunity to accumulate investment assets in the long term.

As you said, many investors have held bitcoin for a long time and made significant profits. Moreover, currently this bitcoin investment is getting blessings from the energy of the universe. If analyzed in terms of opportunities in macro investment, the direction is also there and now many large investors are starting to invest their capital in this sector, especially since bitcoin has become one of the assets that can maintain value. So if you have more funds, please put it in bitcoin, but you also have to manage the risk, don't put your eggs in one basket. If all this can be understood, holding bitcoin in the long term will also feel safe. So, buying and holding until you get maximum profit is the right strategy.

[Crakryptvest]

Edited out

There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.

I have seen that the prices of Bitcoin have risen tremendously in the last 1 decades However, in the case of the price, a large number of courtyards can be seen again You can hold Bitcoin for at least 2 cycles if you want I think you should invest some of your original wealth in Bitcoin in holding Bitcoin for 20 yearsLong your portfolio in small size. Investing small numbers using the DCA method can be a safe strategy to invest in a long period of time. Which will help reduce the average price in your market fluctuations.

There is no barrier to Bitcoin investment, you can continue to invest with a little money In the long run you can invest in Bitcoin every day in your income (10-15%) And the rest of the money can be left in the shares bond, real estate and any  That way you hold your long day bitcoin You can continue the journey.

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more, the beauty of holding Bitcoin is that no amount is too small so far the holder is considering holding for a very long period, you can do it daily, weekly or monthly and according to the income you generate. The more you hold Bitcoin, the more advantage you get compared to someone who's held for a lesser period someone who's held Bitcoin for a decade or 2 decades would be at more advantage and profit compared to someone who held for 5 years due to the ability of the coin increasing over time.

The data that has been presented from over the last ten years shows that Bitcoin could actually have a very long way to go. If we are talking about growth and multiplying the waiting period of the buyer of the coin to 5 years or more is a very clever strategy for those who trust in its future with great hopes. Even though it may sound mind-blowing for Bitcoin to be worth $1 million, it is actually a possibility given its track record and the increasing adoption.

Keeping Bitcoin for 10 or 20 years will definitely be your way of surviving the generational wealth transfer as Bitcoin which is limited in production will have the efficiency to multiply its value over time. A long-term mind-set and step by step investment is the best approach for investors who are willing to take a chance on the future of their own choice. Patience and consistency are the key as building wealth is not just an overnight process.

Yea you are very much on point bro, Bitcoin over the years has been on the rise steadily, so their is a higher probability that it can go as high as a million dollar or more in like 10 to 20 years time from now, though nothing is certain but the probability are very high, so not investing now that it's still very cheap is a risk and a regret am not willing to take, because at the end of the day we are all humans, we most times feel more regret for opportunity that we fail to take than even the ones we took, so not buying and accumulating now that it's still very cheap would be too bad for us that want to build a generational wealth overtime.
And lastly, we should pay more attention to our stash of Bitcoin because that's what going to determine how profitable and successful we are going to be in the future, because you can't just invest only $100 and be expecting to be filthy rich, your unit of Bitcoin is what's going to determine how huge your harvest will be, so try to increase your stash as much as possible because that's what will determine how successful you might be in the future.

Yes of course bitcoin can definitely rise up to $1 million provided that it keeps its regular pace break all time high and retest, break all time high and retest... and a time will definitely come where by the new all time high price will go from present $100k to $200k to $300k and so on it will keep progressing. so if any body thinks that bitcoin is too expensive to buy now your thoughts are totally wrong, the best time is now, there is no wrong time to buy the coin because no mater how the coin retraces or consolidates it will certainly break a all time high like it always do in the past data, so this is a fact that all bitcoin investors should have in mind, the coins destination has always an will always be a all time high no matter the present market condition. And some day its new all time high will be at $1 million, like the saying goes "trust the process" nothing happens instantly. its better you take the decision to invest now there will not be a better opportunity to buy the coin in future than now.

Bitcoin is consistent and has proven its aggressiveness for productivity

[Sticky Bomb]

Edited out

There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.

I have seen that the prices of Bitcoin have risen tremendously in the last 1 decades However, in the case of the price, a large number of courtyards can be seen again You can hold Bitcoin for at least 2 cycles if you want I think you should invest some of your original wealth in Bitcoin in holding Bitcoin for 20 yearsLong your portfolio in small size. Investing small numbers using the DCA method can be a safe strategy to invest in a long period of time. Which will help reduce the average price in your market fluctuations.

There is no barrier to Bitcoin investment, you can continue to invest with a little money In the long run you can invest in Bitcoin every day in your income (10-15%) And the rest of the money can be left in the shares bond, real estate and any  That way you hold your long day bitcoin You can continue the journey.

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more

historic data does not guarantee future performances, Everything are all speculations, so even in your predictions you should remember that there is no guarantee on your investment. We are all putting up a positive attitude concerning our investment because we believe that bitcoin would become more expensive and give us profits in the future. Long-term holding plan is good, and the longer you hold, the better profits you tend to benefit, yet everybody has reasons for holding for any period of time,  age factor can still influence holding period, same as health challenges. the younger investor has more possibility to hold for a much longer period than the already advanced ones who may want to soon start living off their investments as their age advances.

I would advise the younger ones to take bitcoin seriously since they can hold for 2 or 3 decades if possible since they are young and can still do other jobs to provide income for themselves while investing into bitcoin and holding for long. Such a youngie who takes bitcoin seriously may even have the privilege of reaching his accumulation target, resetting it and even reaching over accumulation phase long before his holding period terminates and before he gets advanced as retirement age, must have acquired enough that he may wish to live off and still maintain a wealthy and balanced lifestyle well into old age.

[BitcoinTimi]

Edited out

There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.

I have seen that the prices of Bitcoin have risen tremendously in the last 1 decades However, in the case of the price, a large number of courtyards can be seen again You can hold Bitcoin for at least 2 cycles if you want I think you should invest some of your original wealth in Bitcoin in holding Bitcoin for 20 yearsLong your portfolio in small size. Investing small numbers using the DCA method can be a safe strategy to invest in a long period of time. Which will help reduce the average price in your market fluctuations.

There is no barrier to Bitcoin investment, you can continue to invest with a little money In the long run you can invest in Bitcoin every day in your income (10-15%) And the rest of the money can be left in the shares bond, real estate and any  That way you hold your long day bitcoin You can continue the journey.

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more

historic data does not guarantee future performances, Everything are all speculations, so even in your predictions you should remember that there is no guarantee on your investment. We are all putting up a positive attitude concerning our investment because we believe that bitcoin would become more expensive and give us profits in the future. Long-term holding plan is good, and the longer you hold, the better profits you tend to benefit, yet everybody has reasons for holding for any period of time,  age factor can still influence holding period, same as health challenges. the younger investor has more possibility to hold for a much longer period than the already advanced ones who may want to soon start living off their investments as their age advances.

I would advise the younger ones to take bitcoin seriously since they can hold for 2 or 3 decades if possible since they are young and can still do other jobs to provide income for themselves while investing into bitcoin and holding for long. Such a youngie who takes bitcoin seriously may even have the privilege of reaching his accumulation target, resetting it and even reaching over accumulation phase long before his holding period terminates and before he gets advanced as retirement age, must have acquired enough that he may wish to live off and still maintain a wealthy and balanced lifestyle well into old age.

I agree to what you are saying @Sticky Bomb, the historical data of bitcoin doesn't guarantee future performance, everything are all speculations, just as you said we are only putting on positive attitude that bitcoin will become expensive in the future and give us more profits, because it doesn't really make sense for those that is investing in bitcoin for long term to put on negative attitude or negative mindset, but still the historical data of bitcoin doesn't guarantee future performance so less be quided and stop been over confident less approach bitcoin with caution, because nobody knows what will happen in the future.

[Derekfunds]

Edited out

There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.

I have seen that the prices of Bitcoin have risen tremendously in the last 1 decades However, in the case of the price, a large number of courtyards can be seen again You can hold Bitcoin for at least 2 cycles if you want I think you should invest some of your original wealth in Bitcoin in holding Bitcoin for 20 yearsLong your portfolio in small size. Investing small numbers using the DCA method can be a safe strategy to invest in a long period of time. Which will help reduce the average price in your market fluctuations.

There is no barrier to Bitcoin investment, you can continue to invest with a little money In the long run you can invest in Bitcoin every day in your income (10-15%) And the rest of the money can be left in the shares bond, real estate and any  That way you hold your long day bitcoin You can continue the journey.

Bitcoin is a long-term investment therefore holding beyond 5 years is even more preferable, we've seen how it's risen in the past decade so you can imagine how it would be like in the next decade, there're even hope that the price could be up to $1m by then so I think those who only invest for a full circle should consider extending their long-term plan to a decade or more

historic data does not guarantee future performances, Everything are all speculations, so even in your predictions you should remember that there is no guarantee on your investment. We are all putting up a positive attitude concerning our investment because we believe that bitcoin would become more expensive and give us profits in the future. Long-term holding plan is good, and the longer you hold, the better profits you tend to benefit, yet everybody has reasons for holding for any period of time,  age factor can still influence holding period, same as health challenges. the younger investor has more possibility to hold for a much longer period than the already advanced ones who may want to soon start living off their investments as their age advances.

I would advise the younger ones to take bitcoin seriously since they can hold for 2 or 3 decades if possible since they are young and can still do other jobs to provide income for themselves while investing into bitcoin and holding for long. Such a youngie who takes bitcoin seriously may even have the privilege of reaching his accumulation target, resetting it and even reaching over accumulation phase long before his holding period terminates and before he gets advanced as retirement age, must have acquired enough that he may wish to live off and still maintain a wealthy and balanced lifestyle well into old age.

I agree to what you are saying @Sticky Bomb, the historical data of bitcoin doesn't guarantee future performance, everything are all speculations, just you said we are only putting the positive attitude that bitcoin will expensive in the future and give us more profits, because it doesn't make sense for we that is investing in bitcoin for long term to put on negative attitude but still the historical data of bitcoin doesn't guarantee future performance so less be quided and stop been over confident less approach bitcoin with caution, because nobody knows what will happen in the future.

I don't or I can not remember if anyone has said that Bitcoin investment is guarantee in the future and no one was forced to invest in Bitcoin remember Bitcoin is a decentralized asset which means that it is not control by a particular set of people but I would have agree with what you are saying about Bitcoin if it was centralized. However, everyone who is interested in Bitcoin investment Is always advised to use what they can afford to let go while investing in Bitcoin and because of what we all have seen concerning Bitcoin, we are now convinced that Bitcoin is really an asset to invest in and currently, it behavior is something that is still convincing that it will be great in the future so be not be deceived because of how all these shitcoins and altcoins are behaving before you will end up like those people who sees the opportunity to invest in Bitcoin back then but doubted it potential.

[JayJuanGee]

If talking about the issue of agreeing or not, of course I would also prefer to make regular purchases without having to make aggressive purchases so that we still feel comfortable with the purchases we make and do not feel burdened by it but in the end if someone really wants to do aggressively then as long as they are able to why not, but that does not mean all have to do that.
The key is back to finance because after all we have to measure the capacity we have in this case especially for investment matters because this is not just a toy to save money but there is hope that with the investments we make now there is hope that we can get optimal results in the future from the results we get from what we sowed before.

In the end, we are not necessarily going to agree how aggressive a person might want to be, and surely the level of aggressiveness is always within the scope of the person to figure out how much he wants to balance his investment into bitcoin versus various other competing places he can put his money in regards to current consumption and/or even other investments and/or having some assurance that if he invests less aggressively, then he would be able to keep more cash in reserves.  There is no exact correct answer, yet anyone could end up considering that he is merely being aggressive, and then he ends up overly doing it. No one is going to rescue another person when he has made the mistake of being overly aggressive... so you could be correct that it might be better for some folks to make sure that they are not being overly aggressive and perhaps even having some extra cash cushion available so that they are less likely to end up being overly aggressive.

Otherwise there are some folks who choose to be less aggressive about bitcoin because they are not sufficiently bullish about bitcoin, so they end up erroring on the side of keeping extra cash.  These are somewhat individualized choices, yet they likely could have pretty major differences in outcomes for the person who could have had invested $100 per week, yet he chooses $10 per week because he wants to keep extra cash available for other priorities that he has.

True, because everyone has their own views in this matter so that surely in any case including in the method of purchase made everyone has their own stance and it becomes a fairness because everyone must have their own buying scheme so that we cannot assume that agreeing or disagreeing with something becomes a benchmark because in the end this is again just a choice in the end and we cannot assume we are right and others are wrong and vice versa because everyone has their own considerations according to the conditions and circumstances of their financial aspect which includes all aspects of income, expenses, reserve funds, funds for investment etc.

I am not going to concede that others might be right, yet I will concede that they have to decide for themselves and live with the consequences, and any choice they make is theirs, so they are responsible for their choices and the consequences of their choices, which likely if they are not investing into bitcoin they are not correct.. but that is there choice to be wrong.

But whatever it is actually will not be a problem if we can accept each other including in terms of input and criticism especially if the goal is to perfect our shortcomings then I think all will be a good thing because indeed our goal is to argue with each other here to make our views broader from all aspects in order to make the investment we do run as expected.

Some consequences will be a problem for some people, but they are the ones who have to make their choices regarding what they are going to do.  People who do not invest in bitcoin are likely going to end up way more poor as compared with people who invest in bitcoin, and there are consequences in regards to being poor or less poor.

There will be a lot of people who are like your example but sometimes people who usually do that try to take a deeper approach like saving about $10/week or even more but their goal is to try to collect more consistently for a long time. This is most likely based on the reason that sometimes they try to do this so that they are less burdened and minimize if in the future they are in a bad financial condition they can still strive for that consistency because $10/week is not too burdensome.

I was describing a person who is capable of investing $100 per week, but purposefully chooses to ONLY invest $10 per week.  Yes, they can use the $90 per week for other purposes, but it is still likely going to have consequences, and it is their choice regarding how to spend their money, and we still might tell them what we think would be better, but yeah, in the end, they have to make their own choices.

If you feel that 5 years will not be enough for you to accumulate Bitcoin, then you can extend your number of years you wish to accumulate your Bitcoin in as much as you have a steady cash flow that can back you up in your journey, there is no specific time frame for Bitcoin accumulation, that is why it is good you go into long-term investment, like let's say 10 years -20 years or more depending on how long you want it to be so that you will have reasonable amount of Bitcoin in your portfolio in other to have good profit at the end of your investment circle.

There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.

I am not sure if you are describing the dynamic correctly, since of course with any investment it will take some time to build it up, and so then once it is built up, there will be less incentive to keep adding to it, especially if it appears that the amount added starts to become way smaller than the overall investment size.  So the investor might start to become less interested in adding to the investment since it mnay well feel futile to add to the investment when the size of the investment starts to seem so large relative to the amounts being put into it on a weekly basis..  .. and BTC price appreciation can mislead guys into thinking that they had put enough in or to become more apathetic in regards to adding to the investment.

Some guys also get mislead into selling, so they lose focus, and/or maybe they never even really knew why they were supposedly investing into bitcoin. .so if they are not really sure about the strength of bitcoin's investment thesis, they will also get mislead into selling bitcoin rather than merely holding it and/or continuing to accumulate it.. whether DCAing, buying on the dip or even lump summing into bitcoin from time to time (when money comes available).

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

Snip

Sorry for my late responses, I would have replied you earlier before now but due to tight schedule I couldn’t reply at the appropriate time, below are my answers to your questions

No I haven’t bought any Bitcoin
Yes I do have some other investment that are part of my financial strategy. As for debits NO I don’t owe any debts , expenses are just the regular expenses which includes the usual necessities like housing, food, transportation and my investments which I’m working on optimizing my budget to achieve my financial goals

From the look of things you sound like a person who is good in financial management. I also love the fact that you owe no Debt because a good investor must make sure they settle up their dept to be free from circumstances that will shift there focus on Bitcoin investment. Because Dept is one factor that slow down Bitcoin investment.

A person does not need to settle debt prior to getting started investing in bitcoin, yet of course, any good financial management will account for how any debt might need to be paid off or if it might be at such a rate that is sufficiently manageable.

I do not have steady income and yes I’m expecting my income to change .
Yes I am aware of my discretionary income and I try to manage my finance accordingly, I prioritizes essential expenses and them allocate my remaining income towards savings , investment and discretionary activities, and yes it Varys .

It is good to prioritize your essential expenses but should also figure out Way to set some fund aside for Bitcoin investment since your source of income is not a steady one. Guys who have an epileptic source of income usually figure out ways to invest as little as they can afford to lose. It may look so difficult but if you can be saving as little as $10 into Bitcoin weekly or $30 once in month will make a sizable amount in the space of 10 -20years time. In Bitcoin investment we dont invest in a way it will affect our financial system.

Whether our income is steady or not, we need to make sure that we are investing into bitcoin from within our discretionary income... so yeah, if it is questionable about whether we have any discretionary income to invest, then we may well want to error on the side of not investing into bitcoin until we are sure that we have discretionary income available to invest or discretionary income that is soon going to come in... even though sometimes, I personally don't want to actually spend some tentative income until I am sure that it has actually arrived in my bank account (or otherwise in my possession).

My investment time is less than 5years for growth,stability and wealth accumulation.

I doubt if this timeline of 5 years will be profitable as you think. I guess you should be more realistic in terms of timeline. 5 years is just a circle and 1 year meaning ylthat you make not get a reasonable amount of BTC within those period.. think of 10- 15 year and at most 20 to 25 years interval but your age should also be considered before chosing the timeline. Yeah some guys may decide to invest into Bitcoin for just 6-7years due to health issues. But you should consider the the reason for your investment timeline before investing.

I agree that we should be attempting to be realistic in any investment timeline that we have, and if we are not being realistic, and creating unrealistic timelines for ourselves (such as anticipating that we are going to be rich in a short period of time), then we are likely setting ourselves up for failure based on our creation and maintenance of unrealistic expectations.  Surely, if we set our timeline 15-25 years or more into the future, then for  sure, if we are able to meet several of our targets early, then we benefit from our having had overdelivered on our expectations rather than setting high expectations and underdelivering.

There is a length an investment can go and it becomes an overstress investment because the budget has become too long to still hold the longing of an investor towards it because five years of Bitcoin investment has it advantage, ten years also does has it own advantage and twenty years but looking at the motivational aspects the disadvantage of five to ten years is very minor compare to the twenty years because the early we have the budget to hit the more eager for the investors to be there but when is too long the investment will start be coming very uninteresting and there will no be urge for consistency, though not for all but for some people.

I have seen that the prices of Bitcoin have risen tremendously in the last 1 decades However, in the case of the price, a large number of courtyards can be seen again You can hold Bitcoin for at least 2 cycles if you want I think you should invest some of your original wealth in Bitcoin in holding Bitcoin for 20 yearsLong your portfolio in small size. Investing small numbers using the DCA method can be a safe strategy to invest in a long period of time. Which will help reduce the average price in your market fluctuations.

There is no barrier to Bitcoin investment, you can continue to invest with a little money In the long run you can invest in Bitcoin every day in your income (10-15%) And the rest of the money can be left in the shares bond, real estate and any  That way you hold your long day bitcoin You can continue the journey.

You might be correct that if a person comes to bitcoin with a variety of other assets, such as personal property, stocks, bonds, commodities and/or cash equivalents, then sure maybe he could keep some or all of those investments while he is focusing on starting to invest into bitcoin.  There is not necessarily any need to invest in other assets besides starting out managing bitcoin and cash, especially for someone who is new to investing and who might not have any other investments at the start of his/her bitcoin investment journey.

[edited out]

.....So if you have more funds, please put it in bitcoin, but you also have to manage the risk, don't put your eggs in one basket. If all this can be understood, holding bitcoin in the long term will also feel safe. So, buying and holding until you get maximum profit is the right strategy.

First:  I hope you are not advising diversification for newbies or even folks who might ONLY have a few investments at the time of getting into bitcoin.

Second, your suggestion that holdings leads to maximum profit seems problematic, since the framing of a long term investment in terms of maximizing profits sounds like a trader who is ONLY investing because of the "profit" angle.   With investing there seems to be a bit of a different mindset, and surely it seems that one can keep building up his bitcoin investment and/or any other investment, until he considers that he has enough of that asset or more than enough of the asset.  Beginner investors might not know how to valuate their bitcoin holdings in order to know when they have enough or more than enough, yet I would think that after building a person's investment for a cycle or two, the size of the bitcoin holdings will start to inform a bitcoin holder (stacker) regarding the extent to which continued accumulation is preferable or if maybe some tweaks in the methods might be preferred.

Of course, based on your own time on the forum, you may well have had been accumulating bitcoin for more than a cycle and maybe even two cycles, so I would imaging that you are influenced by the size of your stash more than the extent to which it is "in profits" or not, but sure, it could be that even after 8 years registered on the forum you have not figured out that the "profits" angle is not really a good motivating framework even though many of us do like to talk about our profit levels, even if those profit levels might not be truly motivating us in your BTC management.

[Silikiem]

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

You should provide some information about yourself and your goals and perhaps you can provide that information without getting into too many specifics.. perhaps talk in terms of hypotheticals or maybe percentages.

Have you bought any bitcoin?

Do you have other investments?  how about debts and expenses?  

Do you have a steady income?  Are you expecting your income to change?  Do you know your discretionary income?  is it steady or does it vary?

Do you have emergency funds? or other kinds of back up funds?

What are your thoughts about bitcoin as compared with other places where you might invest?

What is your investment timeline?

Sorry for my late responses, I would have replied you earlier before now but due to tight schedule I couldn’t reply at the appropriate time, below are my answers to your questions

No I haven’t bought any Bitcoin
Yes I do have some other investment that are part of my financial strategy. As for debits NO I don’t owe any debts , expenses are just the regular expenses which includes the usual necessities like housing, food, transportation and my investments which I’m working on optimizing my budget to achieve my financial goals

I do not have steady income and yes I’m expecting my income to change .
Yes I am aware of my discretionary income and I try to manage my finance accordingly, I prioritizes essential expenses and them allocate my remaining income towards savings , investment and discretionary activities, and yes it Varys .

Yes I have an emergency fund,I make sure I save a little from my investment, I know the importance of having a savings set aside for unexpected expenses or unforeseen circumstances, so I ensure I prepare for unexpected situations that may arise .

Bitcoin is popular, Bitcoin is a good investment site that helps and guild one right depending on ur financial goals , Bitcoin has a good value than other places where I have invested and I wish I  started bitcoin early enough when I was told about it I would have gotten higher value than other places I invested on.

My investment time is less than 5years for growth,stability and wealth accumulation.

Since you have already know that bitcoin generates more profits overtime than an other investment, what are you still waiting for. Why don't you start investing in bitcoin by using your savings like you said or channel funds from your other investment into bitcoin. Bitcoin is still in her early stage and the future is very bright for bitcoin. Therefore, I would advise you to try how you can use part of your discretionary income to invest in bitcoin no matter how little it is. You can use like $10 to start your investment and be buying consistently and persistently every week, you will be surprised at the size of your portfolio in four years time.

Don't regret in future for not taking the bold step in start your bitcoin investment now because it's never too late to invest in bitcoin but it can be too late for you to have a good size of bitcoin if you don't start right away to invest with your discretionary income.

Investing in bitcoin for less than five years wouldn't help you accumulate a good size of portfolio because the price of bitcoin is increasing overtime. This is why you need go have a long-term investment mindset so that you can build, grow and hodli your bitcoin investment for two circles and above.

That is the reason why I’m here , to be guided , enlightened and get more knowledge on how to go about it,I’m just a beginner and I have heard these 5years mindset but just as you that five years investment won’t help me accumulate good size of portfolio , with that I have gotten a good information again which will enable me invest a long term so I can achieve my desire goals, grow and get a good value of Bitcoin.

You will definitely accumulate a reasonable amount of bicton in 5 years if you are consistently and persistently accumulating Bitcoin every weeks or months unless you are the type that ONLY accumulate Bitcoin when there is dip that you can't be able to accumulate good size of bitcoin in five years time and it can also be seen as a long time bitcoin investment.

Yes, please more emphasis should be laid on the long term investment and not giving 5 years of consistently accumulating bitcoin, I’m not saying 5 years is bad, bitcoin is a long term investment and it’s more preferable you accumulate and hold beyond 5 years. Patience is key to bitcoin investment, and also being consistent while accumulating.

[Tungbulu]

First:  I hope you are not advising diversification for newbies or even folks who might ONLY have a few investments at the time of getting into bitcoin.

Second, your suggestion that holdings leads to maximum profit seems problematic, since the framing of a long term investment in terms of maximizing profits sounds like a trader who is ONLY investing because of the "profit" angle.   With investing there seems to be a bit of a different mindset, and surely it seems that one can keep building up his bitcoin investment and/or any other investment, until he considers that he has enough of that asset or more than enough of the asset.  Beginner investors might not know how to valuate their bitcoin holdings in order to know when they have enough or more than enough, yet I would think that after building a person's investment for a cycle or two, the size of the bitcoin holdings will start to inform a bitcoin holder (stacker) regarding the extent to which continued accumulation is preferable or if maybe some tweaks in the methods might be preferred.

Of course, based on your own time on the forum, you may well have had been accumulating bitcoin for more than a cycle and maybe even two cycles, so I would imaging that you are influenced by the size of your stash more than the extent to which it is "in profits" or not, but sure, it could be that even after 8 years registered on the forum you have not figured out that the "profits" angle is not really a good motivating framework even though many of us do like to talk about our profit levels, even if those profit levels might not be truly motivating us in your BTC management.

You’re absolutely correct. Inasmuch as it’s not advisable to put one’s eggs in one basket, It can still turn out to be a trap for newbie investors to consider diversification as it might not be the best option for someone who’s just starting out. Instead, it’ll be more profitable to focus more on Bitcoin a this will give the investor the chance to gain deeper knowledge and understanding of the asset as well as its potential, because this is the only way to really harness and benefit from those potentials.

I also stand with you in your thoughts about profit maximization in Bitcoin. The main purpose of accumulating Bitcoin (for the long term) is to build wealth overtime, and not really about chasing quick profits. It’s about setting financial goals and finding a balance that works pretty well for you and those goals. 

As one continues to accumulate Bitcoin over the cycles, the size of their portfolio can indeed inform their decisions. They might begin to consider adjusting their current accumulation strategy or possibly make a quick change in their accumulation pace, either to make their accumulation more or less aggressive. It’s a lot more understandable when newbie investors are still dwelling on the profit maximization mindset when investing in Bitcoin, but as one advances and becomes more experienced and equipped, it’s important to make a shift in focus from the profit maximization approach to wealth preservation and management approach.
This is why it’s important for new investors to set clear goals and also engage in doing all it takes to really understand market volatility because that’s the best way to learn how to effectively navigate the market as well as to benefit from its potentials. Patience is also key as well as continuous growth in learning because Bitcoin investment is more of a long term game than get rich quick scheme.

[Tmoonz]

Yes, please more emphasis should be laid on the long term investment and not giving 5 years of consistently accumulating bitcoin, I’m not saying 5 years is bad, bitcoin is a long term investment and it’s more preferable you accumulate and hold beyond 5 years. Patience is key to bitcoin investment, and also being consistent while accumulating.

There are certain factors to be actually considered even in the light of being consistent in our accumulation which includes working on our financial circumstances to improve our investment amount either by having streams of income or curtailing our expenses, there is no limitations towards how long one can keep buying and holding their Bitcoin assets since presumptively you are not guaranteed to be in profits in your targeted year but however, the value of what will get in return will be directly proportional to the size of our bitcon and how long we are able to hold.

[Jostern]

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

You should provide some information about yourself and your goals and perhaps you can provide that information without getting into too many specifics.. perhaps talk in terms of hypotheticals or maybe percentages.

Have you bought any bitcoin?

Do you have other investments?  how about debts and expenses?  

Do you have a steady income?  Are you expecting your income to change?  Do you know your discretionary income?  is it steady or does it vary?

Do you have emergency funds? or other kinds of back up funds?

What are your thoughts about bitcoin as compared with other places where you might invest?

What is your investment timeline?

Sorry for my late responses, I would have replied you earlier before now but due to tight schedule I couldn’t reply at the appropriate time, below are my answers to your questions

No I haven’t bought any Bitcoin
Yes I do have some other investment that are part of my financial strategy. As for debits NO I don’t owe any debts , expenses are just the regular expenses which includes the usual necessities like housing, food, transportation and my investments which I’m working on optimizing my budget to achieve my financial goals

I do not have steady income and yes I’m expecting my income to change .
Yes I am aware of my discretionary income and I try to manage my finance accordingly, I prioritizes essential expenses and them allocate my remaining income towards savings , investment and discretionary activities, and yes it Varys .

Yes I have an emergency fund,I make sure I save a little from my investment, I know the importance of having a savings set aside for unexpected expenses or unforeseen circumstances, so I ensure I prepare for unexpected situations that may arise .

Bitcoin is popular, Bitcoin is a good investment site that helps and guild one right depending on ur financial goals , Bitcoin has a good value than other places where I have invested and I wish I  started bitcoin early enough when I was told about it I would have gotten higher value than other places I invested on.

My investment time is less than 5years for growth,stability and wealth accumulation.

Since you have already know that bitcoin generates more profits overtime than an other investment, what are you still waiting for. Why don't you start investing in bitcoin by using your savings like you said or channel funds from your other investment into bitcoin. Bitcoin is still in her early stage and the future is very bright for bitcoin. Therefore, I would advise you to try how you can use part of your discretionary income to invest in bitcoin no matter how little it is. You can use like $10 to start your investment and be buying consistently and persistently every week, you will be surprised at the size of your portfolio in four years time.

Don't regret in future for not taking the bold step in start your bitcoin investment now because it's never too late to invest in bitcoin but it can be too late for you to have a good size of bitcoin if you don't start right away to invest with your discretionary income.

Investing in bitcoin for less than five years wouldn't help you accumulate a good size of portfolio because the price of bitcoin is increasing overtime. This is why you need go have a long-term investment mindset so that you can build, grow and hodli your bitcoin investment for two circles and above.

That is the reason why I’m here , to be guided , enlightened and get more knowledge on how to go about it,I’m just a beginner and I have heard these 5years mindset but just as you that five years investment won’t help me accumulate good size of portfolio , with that I have gotten a good information again which will enable me invest a long term so I can achieve my desire goals, grow and get a good value of Bitcoin.

You will definitely accumulate a reasonable amount of bicton in 5 years if you are consistently and persistently accumulating Bitcoin every weeks or months unless you are the type that ONLY accumulate Bitcoin when there is dip that you can't be able to accumulate good size of bitcoin in five years time and it can also be seen as a long time bitcoin investment.

Yes, please more emphasis should be laid on the long term investment and not giving 5 years of consistently accumulating bitcoin, I’m not saying 5 years is bad, bitcoin is a long term investment and it’s more preferable you accumulate and hold beyond 5 years. Patience is key to bitcoin investment, and also being consistent while accumulating.

Before you think about accumulating you should also consider your level of financial freedom and your source of income, to stash up Bitcoin which is also known as accumulating you have to consider your expenses, if after your expenses are resolved you can then think of accumulating your Bitcoin holdings with a good strategy by using the DCA method, we all know that Bitcoin is a volatile asset that is why it is important to also consider a long term investment, 4-10 years is a good longer term to accumulate and have a sustainable profit in this time duration if you also consider buying aggressively with the right strategy, and not over doing it to affect your financial plans and expenses.

[MainIbem]

Yes, please more emphasis should be laid on the long term investment and not giving 5 years of consistently accumulating bitcoin, I’m not saying 5 years is bad, bitcoin is a long term investment and it’s more preferable you accumulate and hold beyond 5 years. Patience is key to bitcoin investment, and also being consistent while accumulating.

Before you think about accumulating you should also consider your level of financial freedom and your source of income, to stash up Bitcoin which is also known as accumulating you have to consider your expenses, if after your expenses are resolved you can then think of accumulating your Bitcoin holdings with a good strategy by using the DCA method, we all know that Bitcoin is a volatile asset that is why it is important to also consider a long term investment, 4-10 years is a good longer term to accumulate and have a sustainable profit in this time duration if you also consider buying aggressively with the right strategy, and not over doing it to affect your financial plans and expenses.

We all can agree to that infact most people that's been secretly following up this thread to gain proper knowledge about Bitcoin should've taken note of that, one's financial status is very important when it comes to Bitcoin investment, someone that's jobless shouldn't even consider Bitcoin but work hard to get a means of earning so they'll be able to invest consistently and meet up their target for the future, now that's my focus for this discussion, 4-10 years of investment is fair enough atleast one must have stashed up their portfolio and get reasonable profits in a full circle if they invest, let's say 50-$100 weekly but going beyond that time frame makes lots of sense to me, I'll even prefer 10-15 years or more if possible, Bitcoin is for the future and we all hope that it would be much more better in like a decade or two more from now and anyone that can hold till that moment with continuous accumulation would be making generational wealth for themselves.

[CageMabok]

Yes, please more emphasis should be laid on the long term investment and not giving 5 years of consistently accumulating bitcoin, I’m not saying 5 years is bad, bitcoin is a long term investment and it’s more preferable you accumulate and hold beyond 5 years. Patience is key to bitcoin investment, and also being consistent while accumulating.

Actually, in terms of Bitcoin accumulation, there does not necessarily have to be a time target for people who are trying to collect Bitcoin in order to have more Bitcoin. Because everyone can focus on the amount of Bitcoin they can get by relying on the amount of money they have or the capital they are holding at that time, although it is not wrong to focus on time, but it can actually put more pressure on the person so that it can cause their consistency in collecting Bitcoin to disappear. However, if it is only done carefully by relying on existing income without remembering how much time he has spent on it, I think something like that will be much more relaxing to do because the target itself is for the long term which basically does not know when to stop.

There are certain factors to be actually considered even in the light of being consistent in our accumulation which includes working on our financial circumstances to improve our investment amount either by having streams of income or curtailing our expenses, there is no limitations towards how long one can keep buying and holding their Bitcoin assets since presumptively you are not guaranteed to be in profits in your targeted year but however, the value of what will get in return will be directly proportional to the size of our bitcon and how long we are able to hold.

I also agree more with the statement you said because if someone only focuses on time when collecting Bitcoin, he can be disappointed if the Bitcoin price he wants is still not achieved because we can see the cycle of Bitcoin price increases which generally also have a price correction rate after a major increase which is usually called bullish. So I agree more with implementing the method you said which is to improve the income and expenditure side that we do every day so that the Bitcoin accumulation that we run can continue to run smoothly without stopping.

[Johnlomape]

Yes, please more emphasis should be laid on the long term investment and not giving 5 years of consistently accumulating bitcoin, I’m not saying 5 years is bad, bitcoin is a long term investment and it’s more preferable you accumulate and hold beyond 5 years. Patience is key to bitcoin investment, and also being consistent while accumulating.

Before you think about accumulating you should also consider your level of financial freedom and your source of income, to stash up Bitcoin which is also known as accumulating you have to consider your expenses, if after your expenses are resolved you can then think of accumulating your Bitcoin holdings with a good strategy by using the DCA method, we all know that Bitcoin is a volatile asset that is why it is important to also consider a long term investment, 4-10 years is a good longer term to accumulate and have a sustainable profit in this time duration if you also consider buying aggressively with the right strategy, and not over doing it to affect your financial plans and expenses.

We all can agree to that infact most people that's been secretly following up this thread to gain proper knowledge about Bitcoin should've taken note of that, one's financial status is very important when it comes to Bitcoin investment, someone that's jobless shouldn't even consider Bitcoin but work hard to get a means of earning so they'll be able to invest consistently and meet up their target for the future, now that's my focus for this discussion, 4-10 years of investment is fair enough atleast one must have stashed up their portfolio and get reasonable profits in a full circle if they invest, let's say 50-$100 weekly but going beyond that time frame makes lots of sense to me, I'll even prefer 10-15 years or more if possible, Bitcoin is for the future and we all hope that it would be much more better in like a decade or two more from now and anyone that can hold till that moment with continuous accumulation would be making generational wealth for themselves.

It is unfortunate that someone that does not have a strong source of income may not be able to invest in Bitcoin. Bitcoin investment is known to be make those who have the money more richer than someone who is saving to invest in Bitcoin. Is like trying to fetch water from a well using a cup tying a rope to it to get water to fill a drum. This process is going to take a longer time or even days for such to be achieved compared to someone that has a big bucket to fetch water from the same well.

I have concluded that those who have the capital have upper hand to make more money from Bitcoin than those that would have to save money to a particular extend before they can invest in Bitcoin. The system is built for the rich not the poor masses.

[Joy- maker]

Yes, please more emphasis should be laid on the long term investment and not giving 5 years of consistently accumulating bitcoin, I’m not saying 5 years is bad, bitcoin is a long term investment and it’s more preferable you accumulate and hold beyond 5 years. Patience is key to bitcoin investment, and also being consistent while accumulating.

Before you think about accumulating you should also consider your level of financial freedom and your source of income, to stash up Bitcoin which is also known as accumulating you have to consider your expenses, if after your expenses are resolved you can then think of accumulating your Bitcoin holdings with a good strategy by using the DCA method, we all know that Bitcoin is a volatile asset that is why it is important to also consider a long term investment, 4-10 years is a good longer term to accumulate and have a sustainable profit in this time duration if you also consider buying aggressively with the right strategy, and not over doing it to affect your financial plans and expenses.

We all can agree to that infact most people that's been secretly following up this thread to gain proper knowledge about Bitcoin should've taken note of that, one's financial status is very important when it comes to Bitcoin investment, someone that's jobless shouldn't even consider Bitcoin but work hard to get a means of earning so they'll be able to invest consistently and meet up their target for the future, now that's my focus for this discussion, 4-10 years of investment is fair enough atleast one must have stashed up their portfolio and get reasonable profits in a full circle if they invest, let's say 50-$100 weekly but going beyond that time frame makes lots of sense to me, I'll even prefer 10-15 years or more if possible, Bitcoin is for the future and we all hope that it would be much more better in like a decade or two more from now and anyone that can hold till that moment with continuous accumulation would be making generational wealth for themselves.

It is unfortunate that someone that does not have a strong source of income may not be able to invest in Bitcoin. Bitcoin investment is known to be make those who have the money more richer than someone who is saving to invest in Bitcoin. Is like trying to fetch water from a well using a cup tying a rope to it to get water to fill a drum. This process is going to take a longer time or even days for such to be achieved compared to someone that has a big bucket to fetch water from the same well.

I have concluded that those who have the capital have upper hand to make more money from Bitcoin than those that would have to save money to a particular extend before they can invest in Bitcoin. The system is built for the rich not the poor masses.

investing in bitcoin is not limited to rich only anybody can invest in bitcoin provided the person has  a source of income, discouraging people not to invest in bitcoin, because they don't have strong source of income is very bad, but rather encourage them to start investing with little amount money they can afford to invest consistently using the DCA method either weekly or monthly, because if they start accumulating bitcoin now with little they can afford  and hold for long term 5 to 10 or more they will end accumulating a good portion of bitcoin.

[Solokan]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

If you Buy and sell you may be at lose because the market is volatile. There may be increase today and decrease tomorrow, but stacking up for a long term gives more value, so  there is no point of trading with your investment.

When investing for a short period is part of the plan, there will always be problems, especially when the price of bitcoin is dropping. It is important for investors to make good plans and decisions when planning to buy bitcoin because if investing for the long term is not part of the plan, it is very possible to sell along the line at a loss. While buying bitcoin to invest, long-term investment should be the priority, and investing in bitcoin with a specific duration and time to sell can also affect investment because bitcoin is volatile and the market is unpredictable. Buy bitcoin and hodl with confidence, and never have a specific time to sell, but hodl until you are satisfied with the value from your hodling.

Investing in Bitcoin in the hope of short-term profits is always risky, market fluctuations are a very natural thing, and unexpected dumping is very normal. So a real holder never thinks about these, only by holding for a long time can the real profit of Bitcoin be achieved. You always have to think about buying, buy regularly in DCA and hold for a long time, this is the most correct strategy.
And an investor will be able to hold the investment for a long time only when he is confident in himself and in Bitcoin, this is just the beginning of Bitcoin's journey, Bitcoin's future is still far and bright. So if you want to achieve real success in the future, you must have long-term thinking.

it is true that holding btc for the long term is certainly a good idea and of course there have been many people who have succeeded because of holding btc for the long term and I also see many examples of people who buy btc but not for the long term, not a few who lose or do not get much profit because yes indeed with price fluctuations of course not a few people sell their btc even though they suffer losses.

so yes it is true that buying btc and holding it for the long term is a wise choice as long as you buy with money you are ready to lose. but of course the decision is in the hands of each, but what is clear is that until now I have never seen anyone who has lost due to long-term investment in btc because btc of course always makes new ath and until now btc has never disappointed those who are patient and hold btc firmly for the long term and do not panic selling when there is a price drop.

Yes, I agree with you and yes, this is the beginning of the journey of Bitcoin and of course in the future we will potentially see the current price of BTC is cheap like we see the price of BTC for example in 2015 or before 2015 for example 2014 and below.