Buy Buy Buy or Sell Sell Sell?

[SOKO-DEKE]

That you are earning either weekly or monthly is not enough reason for anyone to invest in Bitcoin, because there are those that are earning either weekly or monthly but their income could only or not even enough to afford or take care of their personal needs, some people end up borrowing money to keep up with their personal needs even when they are earning meaning that there must be discretionary income before anyone is qualified to invest in Bitcoin because that is the only way you can have a sustainable investment, earning is not enough there must be discretionary income.

In this thread, no one is forcing anyone to invest in Bitcoin. We are neither discouraging nor forcing, but rather encouraging those who have the money to invest by providing them with step-by-step guidance and advice on how to invest in Bitcoin without much stress.If someone has a source of income and thinks they can't start investing with what they earn, no one is forcing them. However, in a situation where someone is earning money and their financial responsibilities are manageable, they can start investing in Bitcoin with as little as $5, $10, or $20, instead of waiting to save a large amount before starting.

One key takeaway is that, with good planning, anyone can begin their Bitcoin journey without earning a lot. For example, before I started my Bitcoin investment, the money I earned was not always enough for me. However, I planned carefully and realized I was spending money on things that weren’t important. By cutting down on those unnecessary expenses, I was able to start investing in Bitcoin.Sometimes, the problem isn’t that someone’s income is insufficient; it’s the way they are spending their money. Some even go to the extent of borrowing unnecessarily. By making better financial choices, starting small, and being consistent, investing in Bitcoin can become a manageable and rewarding goal.

[Sim_card]

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?

It's either ways and one thing is we all have different decision making process and what best suit your preference is what you go for. Likes of me i think it could be sell time and buy time depending how long you've accumulated your coins and if you can be able to sturdy the market very well to know when  the coin is appreciating then you can as well sell at profits and vice versa.

I don't think that studying the market is of any importance to long-term investors, because that wouldn't help them in any way to increase the size of their bitcoin portfolio rather it will be a distraction to them on focusing on their bitcoin target. A new investor shouldn't think of selling or profits, rather he should think on how he can keep his bitcoin investment accumulation ongoing, regularly, consistently and persistently for 4-10 years and above in order for him to reach his bitcoin target.

If you buy and because you are in profits and you sell, it means you are a trader and traders are only gambling with their funds because in the long run, you will end up with little or no bitcoin sinceyou are after little profits and you will always sell whenever you see profit planning to buy back again at a cheaper price. Have a bitcoin target and accumulate bitcoin with your discretionary income overtime for your future because bitcoin price will be very high in future than what we are seeing.

The only time that a long term investor should sell little part of his bitcoin is when he has reached his over accumulation stage and when selling, you sell very little from your bitcoin investment so that you don't sell too many bitcoin too soon and end up in regrets later.

[JayJuanGee]

[edited out]

To be able to achieve this, there are several important questions every investor should ask themselves, questions like. 1. What strategies would be more effective to manage risks and also maintain stability in your financial life.  2. How many percent of your income/portfolio is/should be allocated to your Bitcoin investment and 3. Does your Bitcoin investment and strategy really align with your overall financial goals/plans?
And if these questions are asked and answered, then the investor would have a more vivid view and a clearer judgement and perspective to make more informed decisions that’ll be able to align perfectly well with their current and overall financial goals and objectives.

I surely agree with tailoring our strategies the best we can to our circumstances, yet I doubt that we ever achieve perfection, since we are likely always acting upon incomplete information and also some moving dynamics, yet like you suggest, it is good to be striving to create and maintain strategies that are largely aligned with our financial and psychological circumstances - which also should help to lessen our emotional reactions to BTC price moves (even extreme moves), yet we are still likely going to become emotional even when we might have had set up our systems and practices as best as we are able to accomplish in light of our circumstances.

[red4slash]

Yeah, I get the fact,
Discretionary income happens to be the main concept, but I was wondering, where does the discretionary income comes from?, i guess it comes from the main income.

Don't you think that if an investor can increase his or her income, it might also affect the discretionary income positively(at least to some extent), which also helps in getting more fractions?.

And a quick question, I feel I have being quite obsessed with accumulating in fractions consistently, rather than the DCA. Trying to accumulate in fraction has been quite fun though, since I sometimes have to spend more than usual, or spend less than usual due to price difference. Do you think that this approach is quite aggressive?.

Of course, it all boils down to the income we generate, for example, in a month you work or do business, which is definitely deducted for some of the necessities of life that we have as well as several other things such as taxes, unexpected funds etc.

In the context of investors increasing their income actually in this case I think we also need to look at several other things because after all the income we have will eventually be in line with the expenses made so in the end there is no guarantee when someone has an increased income then his investment will also increase although conceptually when they want to make more profits then they have to invest more but this cannot be fully forced because after all we still have to pay attention to expenses and several other needs that we must prepare before finally talking about discretionary that can be used as an investment.

As for relating this to aggressiveness I think it depends on the person themselves, because after all in this case we have to go back to recognizing ourselves in the end. The context of aggressiveness becomes a little different for everyone because what we call aggressiveness sometimes for other people it becomes a normal thing so for me before starting then recognize yourself first,

[Jostern]

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?

If you’re someone who is interested in buying Bitcoin as a newbie you should not be interested in Bitcoin coming down, you might probably be referring to shit coin, But it’s best you should be interested in investing in Bitcoin and you shouldn’t be interested in when to trade, you should consider accumulating more bitcoin and laying down a good strategy to accumulate more and more, well if you are someone who have invested in bitcoin for a long time, and you’ve over accumulated then you can decide to sell little by little so you don’t encounter a huge loss in your investment portfolio

[ejikeme24]

 Investing in Bitcoin and suffering or starving in real life is not a good investment strategy because you might be forced to make the wrong decisions and pull out your investment at the wrong time because of starvation

Anyone who is with his  right senses will never prioritize his bitcoin investment more than his Life, and for how long will he keep starving himself just in other to accumulate bitcoin? You don't even have to consider it as a strategy rather he is  practicing starvation and at same time risking his life. Obviously bitcoin is a good asset of which everyone will love to do whatever it takes just to accumulate some stash of bitcoin in thier portfolio, but not when it involves starving oneself, Because our life is worth more than bitcoin.

I think anyone that isn't earning money weekly or monthly shouldn't be investing in Bitcoin, using the DCA strategy is only worth it if you are earning money outside Bitcoin like a stable income, investing in Bitcoin and living your normal life are two different things that shouldn't interfere with each other. It is crucial to create a balance between investing and taking care of yourself if you really want to make good profits from your investments.   

Surely investing in bitcoin when you have a stable source of getting money always make the accumulating process very easier, because you may decide to fast-forward it which is by investing aggressively. maybe if your plan is to spend like 3 to 4 years in this accumulating process, but when you apply some aggressiveness definitely you might even get to your target just within 2years, Because by then you most have build a very large discretionary fund, and also keep your emergency fund aside. but even when you're not a weekly or monthly earner you can still invest in bitcoin as long as one have a means of getting money it might be through side hustling so far as the income is stable and the amount you're earning is due to solve your day to day expenses and it happens that you still have some money in your discretionary fund of course you can invest with a little amount, rather this set of investors don't need to engage themselves into buying aggressively so that it won't affect them in any way.

 

[Taskford]

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?

If you’re someone who is interested in buying Bitcoin as a newbie you should not be interested in Bitcoin coming down, you might probably be referring to shit coin, But it’s best you should be interested in investing in Bitcoin and you shouldn’t be interested in when to trade, you should consider accumulating more bitcoin and laying down a good strategy to accumulate more and more, well if you are someone who have invested in bitcoin for a long time, and you’ve over accumulated then you can decide to sell little by little so you don’t encounter a huge loss in your investment portfolio

Actually its advantage for us to be in that situation on where we can see Bitcoin dump since that's great chance for us to buy more Bitcoin at good rate, but we should make it a habit to wait for a dump to accumulate since we don't know on when that situation to happen so for sure there are lots of miss chances will happen. So always think about that we should buy Bitcoin at any rate since its more better to us to establish our portfolio rather than choosing to wait for perfect opportunity to come since there's nothing to gain here.

Commitment to go for long term is important and paying attention on things that can cause troubles will be an bad option so better focus on plans or strategy created to avoid getting any further confusions. I don't mind over accumulating if you mean that we gather lots of Bitcoin already since I'm considering also to have Bitcoin on my retirement since its like preparing my future for possible better changes knowing that Bitcoin might provably have better positions for more years to come.

[I_Anime]

Investing in Bitcoin and suffering or starving in real life is not a good investment strategy because you might be forced to make the wrong decisions and pull out your investment at the wrong time because of starvation, I think anyone that isn't earning money weekly or monthly shouldn't be investing in Bitcoin, using the DCA strategy is only worth it if you are earning money outside Bitcoin like a stable income, investing in Bitcoin and living your normal life are two different things that shouldn't interfere with each other. It is crucial to create a balance between investing and taking care of yourself if you really want to make good profits from your investments.  

Such mindset not is actually smart at all. This why you have to be discipline in anything you do , when it come to investing in bitcoin there’s no one pressuring you , and is not a race There’s a reason why you can start your bitcoin accumulating with any amount the different between starting small and starting big is that when you start big you be able to hit your goal faster , but as someone that’s not stable financially he or she can choose to start small . And with time you be able to build something .

And if you know you can’t focus on buying weekly you can focus on monthly purchasing with some percentage from your monthly earnings , because is not everyone that can accumulate weekly because they are usually monthly earners .  If you see that you can’t keep up the. You can choose to make some adjustment in your daily living , like reducing the ways you spend ( reducing your expenditure) .

[Silentcursor]

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?

It's either ways and one thing is we all have different decision making process and what best suit your preference is what you go for. Likes of me i think it could be sell time and buy time depending how long you've accumulated your coins and if you can be able to sturdy the market very well to know when  the coin is appreciating then you can as well sell at profits and vice versa.

Wrong
What suits your preference might not be the most reliable approach to your investment. The thing about trying to study the market like you said earlier is that you have to time your buys and your sells. It is very risk to do that when you are a Bitcoin investor.

Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it. When you focus on timing the market, you are putting a lot of pressure on yourself, and not one can really predict the future accurately. And as you try to sell for short term profits you will miss out on the bigger gains over the long run. If you are not sure of holding your Bitcoin for the long term then you shouldn't have started your investment in the first place.

I feel it is more better for an investor to look back at the massive growth of Bitcoin overtime for them to see more reasons why they need to hold for long term..remove the mindset o constantly trying to figure out the perfect moment to sell and then buy again, because you will be automatically acting more like a trader than an investor. The whole point of investing for long term especially in an asset like Bitcoin is to buy and hodl and not to be obsess over quick profits.

[Derekfunds]

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?

If you’re someone who is interested in buying Bitcoin as a newbie you should not be interested in Bitcoin coming down, you might probably be referring to shit coin, But it’s best you should be interested in investing in Bitcoin and you shouldn’t be interested in when to trade, you should consider accumulating more bitcoin and laying down a good strategy to accumulate more and more, well if you are someone who have invested in bitcoin for a long time, and you’ve over accumulated then you can decide to sell little by little so you don’t encounter a huge loss in your investment portfolio

I disagree with your last two sentence, even you don't sell your Bitcoin little by little after overaccumulation stage there is nothing like huge loss remember Bitcoin is a volatile asset so what will only happen is fluctuation and it doesn't mean that if Bitcoin Dips that it will not rise or pump that's it nature. Moreover, even after getting to overaccumulation stage you don't need to be only selling little by little rather you should also be trying as much as possible to be topping ( accumulating back) while you are selling some of it because the idea is to hold and have Bitcoin in our possession, we don't just accumulate and hold for 4-5 years and after getting a good return you sell everything no that's not the idea.

[Silentcursor]

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?

If you’re someone who is interested in buying Bitcoin as a newbie you should not be interested in Bitcoin coming down, you might probably be referring to shit coin, But it’s best you should be interested in investing in Bitcoin and you shouldn’t be interested in when to trade, you should consider accumulating more bitcoin and laying down a good strategy to accumulate more and more, well if you are someone who have invested in bitcoin for a long time, and you’ve over accumulated then you can decide to sell little by little so you don’t encounter a huge loss in your investment portfolio

I disagree with your last two sentence, even you don't sell your Bitcoin little by little after overaccumulation stage there is nothing like huge loss remember Bitcoin is a volatile asset so what will only happen is fluctuation and it doesn't mean that if Bitcoin Dips that it will not rise or pump that's it nature. Moreover, even after getting to overaccumulation stage you don't need to be only selling little by little rather you should also be trying as much as possible to be topping ( accumulating back) while you are selling some of it because the idea is to hold and have Bitcoin in our possession, we don't just accumulate and hold for 4-5 years and after getting a good return you sell everything no that's not the idea.

Partially you are making a good point but no one says you cant sell at all. The main point I think we need to keep in mind is just never sell it all. That’s the key. When you sell everything, you lock yourself out of potential future profits, and Bitcoin’s volatility is something we have to accept as part of its nature. But it doesn’t mean that every dip is a sign to sell or that every peak is a time to take profits. Fluctuations are normal and as long as Bitcoin exist we must see the ups and downs.

The real deal with Bitcoin is not to get swept up in the short-term swings. No matter the amount of Bitcoin we have accumulate and how long we have held on to it. Always hold on to a good portion, even when things are uncertain. That’s how you really build wealth in the long run.

[JayJuanGee]

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?

If you’re someone who is interested in buying Bitcoin as a newbie you should not be interested in Bitcoin coming down, you might probably be referring to shit coin, But it’s best you should be interested in investing in Bitcoin and you shouldn’t be interested in when to trade, you should consider accumulating more bitcoin and laying down a good strategy to accumulate more and more, well if you are someone who have invested in bitcoin for a long time, and you’ve over accumulated then you can decide to sell little by little so you don’t encounter a huge loss in your investment portfolio

I disagree with your last two sentence, even you don't sell your Bitcoin little by little after overaccumulation stage there is nothing like huge loss remember Bitcoin is a volatile asset so what will only happen is fluctuation and it doesn't mean that if Bitcoin Dips that it will not rise or pump that's it nature. Moreover, even after getting to overaccumulation stage you don't need to be only selling little by little rather you should also be trying as much as possible to be topping ( accumulating back) while you are selling some of it because the idea is to hold and have Bitcoin in our possession, we don't just accumulate and hold for 4-5 years and after getting a good return you sell everything no that's not the idea.

Assessing yourself to have had reached overaccumulation stage gives you options, and surely the greater your overaccumulation level, then the more options that you have, especially in regards to the overaccumulation amount.

Surely, I am not in any rush to sell my BTC, yet I did start to employ price-based sustainable sales once I considered myself to be well into an overaccumulation level.. and I stared that in late 2015, and sure I made various reassessments along the way, too.

Sure it could be a problem to assess yourself as to having had reached overaccumulation status and then to be mistaken within your own assessment and then you would mistakenly sell too much too soon.  so there still can be questions regarding how to manage your BTC once you assess yourself to be in overaccumulation status.. which also at minimum might cause you to change your accumulation practices, since if you really are in overaccumulation status, then you don't need to accumulate more bitcoin.  Sure optionally you can accumulate more bitcoin, but you have options and you don't have to accumulate any more BTC.

For example, if you consider that being able to live off of your bitcoin with a perpetual income of $80k per year, then right now, you might consider 17.166 to be the threshold level for overaccumulation status.    So if you have 25.166 BTC, then you would have 8 BTC in your overaccumulation amount, yet if you are barely at 17.166, you might feel that you don't have any cushion... so there can be comfort in regards to having a cushion, and maybe if you only have 17.166 BTC, then maybe you might consider spending one more year accumulating bitcoin and then to reassess your level of overaccumulation at that time...

So even if you assessed that you reached overaccumulation status,  you might not be comfortable to start to sell any of your BTC until you are sure that you are ONLY selling from within your overaccumulation amount and you are not accidentally taking yourself  out of overaccumulation status based on your sales of too many BTC too soon.  Each of us has to make these kinds of assessments and to try to protect ourselves from making a mistake of selling too many BTC too soon, especially if our goal might be to try to keep ourselves in overaccumulation status rather than putting ourselves back in a situations where we feel that we have to accumulate more BTC in order to either get to overaccumulation status or to make sure that we are in overaccumulation status, in case we might not be sure of our own assessment and/or the level of our cushion.

[Gost ms]

Wrong
What suits your preference might not be the most reliable approach to your investment. The thing about trying to study the market like you said earlier is that you have to time your buys and your sells. It is very risk to do that when you are a Bitcoin investor.

Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it. When you focus on timing the market, you are putting a lot of pressure on yourself, and not one can really predict the future accurately. And as you try to sell for short term profits you will miss out on the bigger gains over the long run. If you are not sure of holding your Bitcoin for the long term then you shouldn't have started your investment in the first place.

I feel it is more better for an investor to look back at the massive growth of Bitcoin overtime for them to see more reasons why they need to hold for long term..remove the mindset o constantly trying to figure out the perfect moment to sell and then buy again, because you will be automatically acting more like a trader than an investor. The whole point of investing for long term especially in an asset like Bitcoin is to buy and hodl and not to be obsess over quick profits.

Your comment seems very confusing. Because it is never right to wait for buying and selling or it is not right to set a time. Because anything can happen in the market at any time. A lot can happen in the market in a minute. An investor should just keep buying. Until his portfolio accumulates a sufficient amount of Bitcoin.

Investment is long-term, never investing in the hope of quick profits. Investment is for the future. Buying during the decline and selling during the rise is never a sign of an investor. Rather, a trader does this all the time. By doing so, he is putting all his money at risk. Because short-term investment has many risks

[Tonimez]

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?

If you’re someone who is interested in buying Bitcoin as a newbie you should not be interested in Bitcoin coming down, you might probably be referring to shit coin, But it’s best you should be interested in investing in Bitcoin and you shouldn’t be interested in when to trade, you should consider accumulating more bitcoin and laying down a good strategy to accumulate more and more, well if you are someone who have invested in bitcoin for a long time, and you’ve over accumulated then you can decide to sell little by little so you don’t encounter a huge loss in your investment portfolio

I disagree with your last two sentence, even you don't sell your Bitcoin little by little after overaccumulation stage there is nothing like huge loss remember Bitcoin is a volatile asset so what will only happen is fluctuation and it doesn't mean that if Bitcoin Dips that it will not rise or pump that's it nature. Moreover, even after getting to overaccumulation stage you don't need to be only selling little by little rather you should also be trying as much as possible to be topping ( accumulating back) while you are selling some of it because the idea is to hold and have Bitcoin in our possession, we don't just accumulate and hold for 4-5 years and after getting a good return you sell everything no that's not the idea.

Assessing yourself to have had reached overaccumulation stage gives you options, and surely the greater your overaccumulation level, then the more options that you have, especially in regards to the overaccumulation amount.

Surely, I am not in any rush to sell my BTC, yet I did start to employ price-based sustainable sales once I considered myself to be well into an overaccumulation level.. and I stared that in late 2015, and sure I made various reassessments along the way, too.

Sure it could be a problem to assess yourself as to having had reached overaccumulation status and then to be mistaken within your own assessment and then you would mistakenly sell too much too soon.  so there still can be questions regarding how to manage your BTC once you assess yourself to be in overaccumulation status.. which also at minimum might cause you to change your accumulation practices, since if you really are in overaccumulation status, then you don't need to accumulate more bitcoin.  Sure optionally you can accumulate more bitcoin, but you have options and you don't have to accumulate any more BTC.

For example, if you consider that being able to live off of your bitcoin with a perpetual income of $80k per year, then right now, you might consider 17.166 to be the threshold level for overaccumulation status.    So if you have 25.166 BTC, then you would have 8 BTC in your overaccumulation amount, yet if you are barely at 17.166, you might feel that you don't have any cushion... so there can be comfort in regards to having a cushion, and maybe if you only have 17.166 BTC, then maybe you might consider spending one more year accumulating bitcoin and then to reassess your level of overaccumulation at that time...

So even if you assessed that you reached overaccumulation status,  you might not be comfortable to start to sell any of your BTC until you are sure that you are ONLY selling from within your overaccumulation amount and you are not accidentally taking yourself  out of overaccumulation status based on your sales of too many BTC too soon.  Each of us has to make these kinds of assessments and to try to protect ourselves from making a mistake of selling too many BTC too soon, especially if our goal might be to try to keep ourselves in overaccumulation status rather than putting ourselves back in a situations where we feel that we have to accumulate more BTC in order to either get to overaccumulation status or to make sure that we are in overaccumulation status, in case we might not be sure of our own assessment and/or the level of our cushion.

Nice point. But then, are we basing when to sell your bitcoin on over accumulation or on long-term basis? What you might see as over accumulation may not mean that for someone else. However, there's no true threshold as to when a bitcoin accumulation is termed over accumulation". If that be the case I think it would be more proper to advocate more about long-term hodling than over accumulation. A low income earner would never reach such level of 25.166 bitcoin or 17.166 bitcoin probably until death. So what is your yardstick for measuring over accumulation??

Also, a high income earner or entrepreneur could reach that "Your over accumulation" threshold in less than one year, does that qualify him to sell a part??

I sometimes get fanatic about slow and steady approach, DCA, because it works on both ends of long-term holding and possible over accumulation. A newbie could set his threshold at 1bitcoin in 5 years and spread through the intervals of weekly DCA. Someone else would be excited to achieve 1 bitcoin in 10 years. All what matters is knowing that you are accumulating bitcoin and that you are not selling off in panic and that you are also living up to your responsibilities. This stage of over accumulation may not really sit well among folks of low income earners.

[ejikeme24]

Wrong
What suits your preference might not be the most reliable approach to your investment. The thing about trying to study the market like you said earlier is that you have to time your buys and your sells. It is very risk to do that when you are a Bitcoin investor.

Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it. When you focus on timing the market, you are putting a lot of pressure on yourself, and not one can really predict the future accurately. And as you try to sell for short term profits you will miss out on the bigger gains over the long run. If you are not sure of holding your Bitcoin for the long term then you shouldn't have started your investment in the first place.

I feel it is more better for an investor to look back at the massive growth of Bitcoin overtime for them to see more reasons why they need to hold for long term..remove the mindset o constantly trying to figure out the perfect moment to sell and then buy again, because you will be automatically acting more like a trader than an investor. The whole point of investing for long term especially in an asset like Bitcoin is to buy and hodl and not to be obsess over quick profits.

Your comment seems very confusing. Because it is never right to wait for buying and selling or it is not right to set a time. Because anything can happen in the market at any time. A lot can happen in the market in a minute. An investor should just keep buying. Until his portfolio accumulates a sufficient amount of Bitcoin.

Investment is long-term, never investing in the hope of quick profits. Investment is for the future. Buying during the decline and selling during the rise is never a sign of an investor. Rather, a trader does this all the time. By doing so, he is putting all his money at risk. Because short-term investment has many risks

@ gost ms i think you're the one who is confusing the whole thing here, because i just went through  silentcursor comment he didn't said that is good to time the market rather what he said is that (Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it) which is true because if you're this set of investors that always like Timing the market there are some certain opportunity you will be missing, an investor is not supposed to engage him or herself into Timing the market. Just as silentcursor said that Timing the market is mostly used by traders since trading has to do with short time profit, and timing the market is not always that easy for them because there's always a pressure when doing this, Which is why i prefer investing all my money into bitcoin because if you're investing in bitcoin you won't undergo this stress.

[Barikui1]

Your comment seems very confusing. Because it is never right to wait for buying and selling or it is not right to set a time. Because anything can happen in the market at any time. A lot can happen in the market in a minute. An investor should just keep buying. Until his portfolio accumulates a sufficient amount of Bitcoin.

Investment is long-term, never investing in the hope of quick profits. Investment is for the future. Buying during the decline and selling during the rise is never a sign of an investor. Rather, a trader does this all the time. By doing so, he is putting all his money at risk. Because short-term investment has many risks

@ gost ms i think you're the one who is confusing the whole thing here, because i just went through  silentcursor comment he didn't said that is good to time the market rather what he said is that (Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it) which is true because if you're this set of investors that always like Timing the market there are some certain opportunity you will be missing, an investor is not supposed to engage him or herself into Timing the market. Just as silentcursor said that Timing the market is mostly used by traders since trading has to do with short time profit, and timing the market is not always that easy for them because there's always a pressure when doing this, Which is why i prefer investing all my money into bitcoin because if you're investing in bitcoin you won't undergo this stress.

It's never a good thing trying to outsmart the market as a Bitcoin investor, because by waiting an wasting valuable time, you might miss a whole lot of buying opportunities that may comes along the line.
The best approach to accumulate Bitcoin in my own opinion is to just buy once your discretionary income is available, and just keeps on buying weekly or monthly according to how much you can do away with for a very long period of time, if in the process of accumulating then their is a dip in the market, you might decide to buy aggressively only if you have the financial leverage to do so, but if you don't have, it's best to stick to your buying routine because the essence of buying in such a manner is to be comfortable while accumulating, not a situation whereby it would start affecting your ability to take care of yourself and your basic needs.

[Catenaccio]

Assessing yourself to have had reached overaccumulation stage gives you options, and surely the greater your overaccumulation level, then the more options that you have, especially in regards to the overaccumulation amount.

Surely, I am not in any rush to sell my BTC, yet I did start to employ price-based sustainable sales once I considered myself to be well into an overaccumulation level.. and I stared that in late 2015, and sure I made various reassessments along the way, too.

Investment in Bitcoin does not require any rush and people as experienced investors can calmly and patiently invest and accumulate bitcoin with time. Till a time they make their own assessments on their Bitcoin holding and portfolios and feel like it reaches to overaccumulation, they can make some strategic changes.

It would be time for them to think of partially withdraw their bitcoin and cash it out for enjoying their life. I mean it does not like their returns to fiat currency and central bank system, but this action woud give them chance to have more comfortable life and they can accumulate bitcoin again if they want. Have solid job and income before and during investment time, will be very helpful for long term investors to ensure that their investment has predominantly probability of profit than loss, and also give them more comfortable decisions for withdrawal in future.

[Tungbulu]

[edited out]

To be able to achieve this, there are several important questions every investor should ask themselves, questions like. 1. What strategies would be more effective to manage risks and also maintain stability in your financial life.  2. How many percent of your income/portfolio is/should be allocated to your Bitcoin investment and 3. Does your Bitcoin investment and strategy really align with your overall financial goals/plans?
And if these questions are asked and answered, then the investor would have a more vivid view and a clearer judgement and perspective to make more informed decisions that’ll be able to align perfectly well with their current and overall financial goals and objectives.

I surely agree with tailoring our strategies the best we can to our circumstances, yet I doubt that we ever achieve perfection, since we are likely always acting upon incomplete information and also some moving dynamics, yet like you suggest, it is good to be striving to create and maintain strategies that are largely aligned with our financial and psychological circumstances - which also should help to lessen our emotional reactions to BTC price moves (even extreme moves), yet we are still likely going to become emotional even when we might have had set up our systems and practices as best as we are able to accomplish in light of our circumstances.

It is very very unrealistic to always expect perfection in your investment, due to market dynamics and/or misinformation/insufficient information. But when we strive to align our financial circumstances with our psychological circumstances, our emotional reactions to price fluctuations and also help us to set more realistic expectations in our investments and the market generally.
While it’s very natural for investors to have certain emotional responses to the market’s extreme price movements, even when there’s a well thought out strategy in place, but when an investor acknowledges this fact, it’ll be a lot more easier to develop a sort of a coping mechanism that’ll help them manage the situation.

Some of these coping mechanisms could involve. Regularly balancing one’s portfolio, setting realistic expectations, learning and regularly practicing emotional awareness and self regulation. And most importantly, having and focusing on long term goals.
When we learn to acknowledge our strategy’s shortcomings and limitations, it’ll help us prepare ourselves for the potential emotional responses which is a good head start to help us effectively navigate the complexities of Investing in Bitcoin.

[Tmoonz]

Nice point. But then, are we basing when to sell your bitcoin on over accumulation or on long-term basis? What you might see as over accumulation may not mean that for someone else. However, there's no true threshold as to when a bitcoin accumulation is termed over accumulation". If that be the case I think it would be more proper to advocate more about long-term hodling than over accumulation. A low income earner would never reach such level of 25.166 bitcoin or 17.166 bitcoin probably until death. So what is your yardstick for measuring over accumulation??

Also, a high income earner or entrepreneur could reach that "Your over accumulation" threshold in less than one year, does that qualify him to sell a part??

I sometimes get fanatic about slow and steady approach, DCA, because it works on both ends of long-term holding and possible over accumulation. A newbie could set his threshold at 1bitcoin in 5 years and spread through the intervals of weekly DCA. Someone else would be excited to achieve 1 bitcoin in 10 years. All what matters is knowing that you are accumulating bitcoin and that you are not selling off in panic and that you are also living up to your responsibilities. This stage of over accumulation may not really sit well among folks of low income earners.

I will say that we are basing to sell our Bitcoin on Long term because that is the only best opportunity that we can allow our portfolio to grow and have compounded value, every one deserves to have their own assessment of their over accumulation status based on their own circumstances which includes the time, energy and the amount they feel that they have invested to certified them having such conclusions to say they have acquired over accumulation status, the over accumulation status is more like telling yourself that you have invested more than enough in Bitcoin based on your own circumstances which of course will differs from the next person, mind you the long term investment thesis recommendation is for at least 4 to 10 years or even more.

[Tonimez]

Nice point. But then, are we basing when to sell your bitcoin on over accumulation or on long-term basis? What you might see as over accumulation may not mean that for someone else. However, there's no true threshold as to when a bitcoin accumulation is termed over accumulation". If that be the case I think it would be more proper to advocate more about long-term hodling than over accumulation. A low income earner would never reach such level of 25.166 bitcoin or 17.166 bitcoin probably until death. So what is your yardstick for measuring over accumulation??

Also, a high income earner or entrepreneur could reach that "Your over accumulation" threshold in less than one year, does that qualify him to sell a part??

I sometimes get fanatic about slow and steady approach, DCA, because it works on both ends of long-term holding and possible over accumulation. A newbie could set his threshold at 1bitcoin in 5 years and spread through the intervals of weekly DCA. Someone else would be excited to achieve 1 bitcoin in 10 years. All what matters is knowing that you are accumulating bitcoin and that you are not selling off in panic and that you are also living up to your responsibilities. This stage of over accumulation may not really sit well among folks of low income earners.

I will say that we are basing to sell our Bitcoin on Long term because that is the only best opportunity that we can allow our portfolio to grow and have compounded value, every one deserves to have their own assessment of their over accumulation status based on their own circumstances which includes the time, energy and the amount they feel that they have invested to certified them having such conclusions to say they have acquired over accumulation status, the over accumulation status is more like telling yourself that you have invested more than enough in Bitcoin based on your own circumstances which of course will differs from the next person, mind you the long term investment thesis recommendation is for at least 4 to 10 years or even more.

Exactly what I was trying to say. Over accumulation is not a general phenomenon and shouldn't have anything to do as to when to sell your bitcoin. Everyone is independent as to what to call over accumulation but one thing is generally acceptable, the DCA strategy by discretionary income. Whatever you wish to do is contained in the DCA strategy and could help save you from selling off your assets before time.