Buy Buy Buy or Sell Sell Sell?

[Stormisover]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

I think that what barikui1 is trying to say is that it's not about not being a robot, it's more of investing with an amount you can afford to lose, even in trading, their is a popular saying, which says; trade with an amount you can afford to lose, because once you trade or invest with an amount you can afford to lose, you wouldn't be bothered that much if the investment or trade is not going your way, and your emotions will surely be in a good state, so I share the same sentiment with him, if you invest with an amount you can afford to lose, you certainly wouldn't be emotional about your holdings even if it's not going as planned, it's only when you invest a very huge amount of money you can't afford to lose that you will be panicking anytime their is a serious dip in the market.

Why will an investor whose initial strategy is based on the long term goal of accumulation and holding will start panicking whenever the investment or trade is not going his or her way. It is only when someone with the mindset of cashing out  at every up turn or downturn in the market for a quick profit will panic and anyone with such mindset is only but a trader. But if you’re an investor with a long term goal of accumulating and holding you wouldn’t be panicking or getting so emotional whenever the market or trade is not going your way because obviously in bitcoin investment you’re not expecting the trade to always go your way at every cycle, you must understand the volatility of bitcoin and if you understand that you will always be focused on accumulating continuously and hold no matter the market situation, weather is favoring you or not, you won’t be feeling disappointed or start crying that you’re running loss. In the case of an investing with an amount you can afford to lose, bitcoin investment still made it possible with the DCA method of accumulation, this is where the DCA method comes to play, you can chose the amount you want to be investing with either on weekly basis or monthly basis, so you won’t over do yourself and start panicking whenever it’s not going your way, your focus is on your continuous accumulation using your already existing DCA method.

That dca is a very effective strategy doesn't make other strategies  irrelevant, one can still be using the DCA in combination with other strategies, like the lump sum,  buy the dip and can even front load their investment, it is all all about having the financial ability to maximize various opportunities of increasing our Bitcoin holding in such a way we can be comfortable without over doing it.

The market is not designated to go in only one direction a lot of people failed to recognize this fact and the reason why they can miss good buying opportunities perhaps anyone that has not sold his or her holding is never in a lost there is no reason to panic sell when you are investing from a discretionary income meaning that your other life activities is in good condition.

[Lembo69]

There are many people who decide to buy Bitcoin with emergency funds in this way, there are many mistakes in their thinking, they decide to buy Bitcoin with emergency funds, but they do not even think that an emergency situation can arise at any time, when they need this fund. Buying Bitcoin at the dip price is definitely good and profitable, but for that, we should never remove the safety fund for this. Because as much as you are thinking of buying Bitcoin at the dip price with emergency funds in the hope of making a profit, when faced with a real situation, you will likely lose more than that. Therefore, you should never buy Bitcoin with more money than you can afford, especially buying Bitcoin with a specific fund is never reasonable. Keeping the DCA consistent, if you want to buy Bitcoin at the dip price, then create a separate budget for it as a reserve fund, this is the right decision.

Yes, emergency funds are one of the foundations for our investment in bitcoin to run smoothly. So if for example the emergency funds are also accumulated into bitcoin, it is the same as destroying a foundation that is intended for the success of the investment itself. That is why at that point investors must be wiser in managing their finances, do not let it be just because they are tempted to see the price drop, the emergency fund is used. Of course, this is not the right choice, in fact it can interfere with the smoothness of our investment. So as you said, that we are better off consistently doing DCA and not taking unnecessary risks.

Maybe buying bitcoin when it drops can also be done, but on the condition that we still have to use cold money and it would be even better if we already have enough bitcoin, or have almost reached our accumulation goal. If so, I also agree that buying bitcoin when it drops can be done. So don't let our bitcoin portfolio not reach 20% yet be tempted to take big risks by buying bitcoin when it drops using emergency money. So don't worry and don't panic, because we are investors. Because if we talk about profit with DCA consistently, we have the potential to get a lot of profit in bitcoin. So never get out of our investment path and our intentions from the start.

People often make wrong decisions under stress, which is why wise people always say that one wrong decision can be a lifelong cry. Similarly, those who think that if the price of Bitcoin decreases, they will buy Bitcoin from their emergency fund are also making the wrong decision. Emergency funds are not for investment, but for solving your problems quickly without selling your investment if you ever face any danger after investing.

If someone wants to continue investing from their emergency fund, then they will have to face many types of pressure. For example, if for some reason they get sick and need their money immediately, then they may have to sell their investment. This can create a conflict of interest towards the investment. In the case of investment, buying investments with emergency funds will never be a wise thing to do.

[arwin100]

If someone wants to continue investing from their emergency fund, then they will have to face many types of pressure. For example, if for some reason they get sick and need their money immediately, then they may have to sell their investment. This can create a conflict of interest towards the investment. In the case of investment, buying investments with emergency funds will never be a wise thing to do.

The huge risk they might encounter is they face on huge risk for experiencing heavy liquidation if the emergency situation will happen. That's really bad experience to had since all their efforts made will be useless since they will force to sell maybe large percentage of their holdings just to meet their needs in that situation.

That's why its never been advisable for investor to use their emergency funds and separate it so that they would have something to get when they experience a problem that need an immediate response.

We should not waste the opportunity for acquiring bitcoin at certain prices that's why its really better for investor to be prepared on any situation so that their investment will not get affected and they have good chance to succeed and can acquire more Bitcoin in future.

[Futurexxx]

There are many people who decide to buy Bitcoin with emergency funds in this way, there are many mistakes in their thinking, they decide to buy Bitcoin with emergency funds, but they do not even think that an emergency situation can arise at any time, when they need this fund. Buying Bitcoin at the dip price is definitely good and profitable, but for that, we should never remove the safety fund for this. Because as much as you are thinking of buying Bitcoin at the dip price with emergency funds in the hope of making a profit, when faced with a real situation, you will likely lose more than that. Therefore, you should never buy Bitcoin with more money than you can afford, especially buying Bitcoin with a specific fund is never reasonable. Keeping the DCA consistent, if you want to buy Bitcoin at the dip price, then create a separate budget for it as a reserve fund, this is the right decision.

Yes, emergency funds are one of the foundations for our investment in bitcoin to run smoothly. So if for example the emergency funds are also accumulated into bitcoin, it is the same as destroying a foundation that is intended for the success of the investment itself. That is why at that point investors must be wiser in managing their finances, do not let it be just because they are tempted to see the price drop, the emergency fund is used. Of course, this is not the right choice, in fact it can interfere with the smoothness of our investment. So as you said, that we are better off consistently doing DCA and not taking unnecessary risks.

Maybe buying bitcoin when it drops can also be done, but on the condition that we still have to use cold money and it would be even better if we already have enough bitcoin, or have almost reached our accumulation goal. If so, I also agree that buying bitcoin when it drops can be done. So don't let our bitcoin portfolio not reach 20% yet be tempted to take big risks by buying bitcoin when it drops using emergency money. So don't worry and don't panic, because we are investors. Because if we talk about profit with DCA consistently, we have the potential to get a lot of profit in bitcoin. So never get out of our investment path and our intentions from the start.

If someone wants to continue investing from their emergency fund, then they will have to face many types of pressure. For example, if for some reason they get sick and need their money immediately, then they may have to sell their investment. This can create a conflict of interest towards the investment. In the case of investment, buying investments with emergency funds will never be a wise thing to do.

Why would a reasonable Bitcoin investor use his emergency funds to invest in the first place?
The essence of keeping an emergency funds aside is for it to stand as the last layer of protection of your holdings, and it should only be used when in real life emergencies, not to invest or use it to buy during a dip, the money meant to be utilized in buying a dip aggressively is the reserve funds, but if you don't have the reserve funds during that period, just take a chill pills and relax, don't ever think it's smart to use your emergency funds to buy aggressively, because you are practically exposing your holdings to being tempered with if any real life emergency situation arise at that particular time.

[Bitcoin.com97]

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?

It is hard to treat you like an investor if you have less than a 5 year investment timeline, and you did not say that the reason for such a short investment timeline was because of either health and/or age.

Initially I thought five years timeline will be okay but with your statement I have come to realize that five years will not be tangible to accumulate a good amount of btc, and of course I’m bearly 25years  Entrepreneur which means I still have a long way to go , I have a plan of increasing my timeline from 5 years to 15 years or probably 20years since I’m still young and I’m not old neither do I have any health issue .

It is hard to treat your ideas of investing into bitcoin seriously if you cannot establish a longer timeline... and so you are merely wanting to get into bitcoin and then get out of bitcoin with some dollar profits, and you will likely miss out on a likely compounding value that comes from holding bitcoin longer (such as for a lifetime and then potentially converting into sustainable withdrawal at some later point).

I’m not actually trying to get in and out of bitcoin with some dollar profit , just that I’m new to the Bitcoin investment and I never knew long timeline will be more profitable than short timeline but with this conversation I have come to understand that investing in Bitcoin in a long timeline is better than short timeline,  i wIll try my best to invest Bitcoin in a long timeline .

How do you expect any of us to help you with figuring out strategies that you might be able to apply, if you are merely planning to trade in and out of bitcoin?

All I needed was to be enlightened since I’m new into Bitcoin ,I never had in mind to trade in and out of Bitcoin , And I’m not planning to trade but to invest and accumulate a good amount , I have come to realize , and I now have a good knowledge of 10 to 15years investment and the benefits , so I expect everyone to assist and guid me right so I won’t make a mistake that is all .

What are you doing to make sure that your able to invest into bitcoin for the long term?  You do not need to give your specifics, but you could still describe if you have started investing into bitcoin and it you are establishing back up funds and maybe outline some of your individual particulars without necessarily describing your exact circumstances.   There are ways to ask questions without necessarily describing too many individual circumstances, and sometimes we might present hypothetical persons too that may or may not have similar circumstances as ourselves.

In our previous discussion I talked about how I have other investment that I make profit from, I would have like to describe in detail but since you said that I do not need to give my specifics, I think there would be no need to describe it any more for safety purpose since everything remain private here, I wouldn't want to describe any of my circumstances. At first I was finding it difficult to invest into Bitcoin since I don't have a good knowledge about Bitcoin, but Last week I invested $10 with the help of my brother, I plan to increase my investment to $20 and above as time goes on, but for now since I am new to Bitcoin and don't know much on how to buy bitcoin myself I will be learning on how to buy Bitcoin from exchange and send to private wallet, to get started with to avoid revealing my safety to a third party, I am just being careful to avoid mistakes.

[michellee]

There are many people who decide to buy Bitcoin with emergency funds in this way, there are many mistakes in their thinking, they decide to buy Bitcoin with emergency funds, but they do not even think that an emergency situation can arise at any time, when they need this fund. Buying Bitcoin at the dip price is definitely good and profitable, but for that, we should never remove the safety fund for this. Because as much as you are thinking of buying Bitcoin at the dip price with emergency funds in the hope of making a profit, when faced with a real situation, you will likely lose more than that. Therefore, you should never buy Bitcoin with more money than you can afford, especially buying Bitcoin with a specific fund is never reasonable. Keeping the DCA consistent, if you want to buy Bitcoin at the dip price, then create a separate budget for it as a reserve fund, this is the right decision.

Yes, emergency funds are one of the foundations for our investment in bitcoin to run smoothly. So if for example the emergency funds are also accumulated into bitcoin, it is the same as destroying a foundation that is intended for the success of the investment itself. That is why at that point investors must be wiser in managing their finances, do not let it be just because they are tempted to see the price drop, the emergency fund is used. Of course, this is not the right choice, in fact it can interfere with the smoothness of our investment. So as you said, that we are better off consistently doing DCA and not taking unnecessary risks.

Maybe buying bitcoin when it drops can also be done, but on the condition that we still have to use cold money and it would be even better if we already have enough bitcoin, or have almost reached our accumulation goal. If so, I also agree that buying bitcoin when it drops can be done. So don't let our bitcoin portfolio not reach 20% yet be tempted to take big risks by buying bitcoin when it drops using emergency money. So don't worry and don't panic, because we are investors. Because if we talk about profit with DCA consistently, we have the potential to get a lot of profit in bitcoin. So never get out of our investment path and our intentions from the start.

If someone wants to continue investing from their emergency fund, then they will have to face many types of pressure. For example, if for some reason they get sick and need their money immediately, then they may have to sell their investment. This can create a conflict of interest towards the investment. In the case of investment, buying investments with emergency funds will never be a wise thing to do.

Why would a reasonable Bitcoin investor use his emergency funds to invest in the first place?
The essence of keeping an emergency funds aside is for it to stand as the last layer of protection of your holdings, and it should only be used when in real life emergencies, not to invest or use it to buy during a dip, the money meant to be utilized in buying a dip aggressively is the reserve funds, but if you don't have the reserve funds during that period, just take a chill pills and relax, don't ever think it's smart to use your emergency funds to buy aggressively, because you are practically exposing your holdings to being tempered with if any real life emergency situation arise at that particular time.

Indeed because investing in anything using emergency funds will not recommended. The mean of emergency funds is covering our urgent needs that need money so we can use that funds and fill it immediately. The emergency funds specifically for an urgent needs and not for other things. So we have emergency funds and a free money for the investment with other money that we prepare to fills each needs we have. If we can allocate the income to the right place and know how much money we can allocate, we can use the income proportionally.

It will no problem if your investment fund is not too big like others because DCA mean you buy Bitcoin constantly and hodl it and not spend any Bitcoin you have. And when you can run it with right, you will not have to worry if you miss the time to buy Bitcoin. Related to buy Bitcoin in every lower price, you should allocate another money for that needs so that will not interfere the other needs so you will have a chance to use the time of the Bitcoin correction to buy Bitcoin at a low price.

[Catenaccio]

Indeed because investing in anything using emergency funds will not recommended. The mean of emergency funds is covering our urgent needs that need money so we can use that funds and fill it immediately. The emergency funds specifically for an urgent needs and not for other things. So we have emergency funds and a free money for the investment with other money that we prepare to fills each needs we have. If we can allocate the income to the right place and know how much money we can allocate, we can use the income proportionally.

It seems you misunderstood a point that people mostly invest without reserved money as their emergency fund. It's different than they have an emergency fund that was used for investment and I hope you see difference here.

At least people had emergency funds but later used it for investment is better than people who never minded about having an emergency fund. They practiced badly by lacking discipline to maintain their emergency funds but if they can improve their discipline, they can do it better in future.

For a first type of investors who have never minded of having an emergency fund, they must change their mindset and break this barrier first. Then they might have their first ever emergency fund and move on with same mistakes like a second type of investors aforementioned.

[Sim_card]

Indeed because investing in anything using emergency funds will not recommended. The mean of emergency funds is covering our urgent needs that need money so we can use that funds and fill it immediately. The emergency funds specifically for an urgent needs and not for other things. So we have emergency funds and a free money for the investment with other money that we prepare to fills each needs we have. If we can allocate the income to the right place and know how much money we can allocate, we can use the income proportionally.

It seems you misunderstood a point that people mostly invest without reserved money as their emergency fund. It's different than they have an emergency fund that was used for investment and I hope you see difference here.

[b{At least people had emergency funds but later used it for investment is better than people who never minded about having an emergency fund[/b] . They practiced badly by lacking discipline to maintain their emergency funds but if they can improve their discipline, they can do it better in future.

For a first type of investors who have never minded of having an emergency fund, they must change their mindset and break this barrier first. Then they might have their first ever emergency fund and move on with same mistakes like a second type of investors aforementioned.

It's wrong for you to use your emergency funds to accumulate bitcoin, neither should you have your bitcoin investment without setting up an emergency funds after you have started investing into bitcoin. Your emergency funds is to take care of a real emergency that pops up during your bitcoin investment journey so that hou don't sell your bitcoin investment to take care of any unforeseen circumstances that plays out as you are investing. Imagine if you use your emergency funds to buy bitcoin and the price of bitcoin dip and stay there fora long time. During this price dip, you were hit with a real emergency, you will go and sell your bitcoin in loss in order for you to slolve that emergency.

Whoever is investing in bitcoin without setting up his emergency funds along side with building his bitcoin portfolio is only gambling because you don't have a back up funds to safeguard your bitcoin investment from selling when it's not of your own will. This is why an emergency funds is important whenever you have started your bitcoin investment to help you grow your bitcoin stash during your accumulation period.

[Joy- maker]

But what if I decide to use my emergency fund to invest in Bitcoin ?what if the market is favorable and I decide to use my emergency fund to get more? Just as u said, it stresses  the need to buy and continue to buy and hold for long .

to invest in bitcoin for long term 5 to 10 or long is not an easy tax so for that reason I we advice you never to use your emergency fund to accumulate bitcoin emergency fund should be use only for emergencies if they arise, using your emergency fund to accumulate bitcoin may endanger your bitcoin investment along the line, no matter how bitcoin dip try and over come the temptation of using your emergency fund to accumulate bitcoin, because if you do and emergencies rise no emergency fund to handle that emergency you will be left with no option than selling your bitcoin investment at early stage of accumulation in lost to settle that emergency, and it may likely be a difficult thing to buy back, because you will be disorganised for main time or you may like not buying buy back, so using your emergency fund to accumulate bitcoin is a very bad investment.

[Jostern]

Indeed because investing in anything using emergency funds will not recommended. The mean of emergency funds is covering our urgent needs that need money so we can use that funds and fill it immediately. The emergency funds specifically for an urgent needs and not for other things. So we have emergency funds and a free money for the investment with other money that we prepare to fills each needs we have. If we can allocate the income to the right place and know how much money we can allocate, we can use the income proportionally.

It seems you misunderstood a point that people mostly invest without reserved money as their emergency fund. It's different than they have an emergency fund that was used for investment and I hope you see difference here.

At least people had emergency funds but later used it for investment is better than people who never minded about having an emergency fund. They practiced badly by lacking discipline to maintain their emergency funds but if they can improve their discipline, they can do it better in future.

For a first type of investors who have never minded of having an emergency fund, they must change their mindset and break this barrier first. Then they might have their first ever emergency fund and move on with same mistakes like a second type of investors aforementioned.

Definitely it’s always advisable not to hesitate on starting Bitcoin investment before starting to build emergency funds and reserve funds, which I think it’s a good strategy considering that we are a newbie starting to build a portfolio and trying to accumulate and hodl.

But i will admit it’s quite confusing and misleading for a newbie whose goal is to continue accumulating and build a portfolio and also having a strategy of implementing ways of having an emergency fund and latar investing that emergency funds, which I think it’s not a complete strategy and it’s no way better than someone who doesn’t have an emergency fund.

Emergency funds it’s mainly for emergency needs which we didn’t plan for, when they arises so it can help us avoiding using our Bitcoin reserves and help us to continue accumulate and hodl.

[sotelorene]

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?

It is hard to treat you like an investor if you have less than a 5 year investment timeline, and you did not say that the reason for such a short investment timeline was because of either health and/or age.

Initially I thought five years timeline will be okay but with your statement I have come to realize that five years will not be tangible to accumulate a good amount of btc, and of course I’m bearly 25years  Entrepreneur which means I still have a long way to go , I have a plan of increasing my timeline from 5 years to 15 years or probably 20years since I’m still young and I’m not old neither do I have any health issue .

It is hard to treat your ideas of investing into bitcoin seriously if you cannot establish a longer timeline... and so you are merely wanting to get into bitcoin and then get out of bitcoin with some dollar profits, and you will likely miss out on a likely compounding value that comes from holding bitcoin longer (such as for a lifetime and then potentially converting into sustainable withdrawal at some later point).

I’m not actually trying to get in and out of bitcoin with some dollar profit , just that I’m new to the Bitcoin investment and I never knew long timeline will be more profitable than short timeline but with this conversation I have come to understand that investing in Bitcoin in a long timeline is better than short timeline,  i wIll try my best to invest Bitcoin in a long timeline .

How do you expect any of us to help you with figuring out strategies that you might be able to apply, if you are merely planning to trade in and out of bitcoin?

All I needed was to be enlightened since I’m new into Bitcoin ,I never had in mind to trade in and out of Bitcoin , And I’m not planning to trade but to invest and accumulate a good amount , I have come to realize , and I now have a good knowledge of 10 to 15years investment and the benefits , so I expect everyone to assist and guid me right so I won’t make a mistake that is all .

What are you doing to make sure that your able to invest into bitcoin for the long term?  You do not need to give your specifics, but you could still describe if you have started investing into bitcoin and it you are establishing back up funds and maybe outline some of your individual particulars without necessarily describing your exact circumstances.   There are ways to ask questions without necessarily describing too many individual circumstances, and sometimes we might present hypothetical persons too that may or may not have similar circumstances as ourselves.

In our previous discussion I talked about how I have other investment that I make profit from, I would have like to describe in detail but since you said that I do not need to give my specifics, I think there would be no need to describe it any more for safety purpose since everything remain private here, I wouldn't want to describe any of my circumstances. At first I was finding it difficult to invest into Bitcoin since I don't have a good knowledge about Bitcoin, but Last week I invested $10 with the help of my brother, I plan to increase my investment to $20 and above as time goes on, but for now since I am new to Bitcoin and don't know much on how to buy bitcoin myself I will be learning on how to buy Bitcoin from exchange and send to private wallet, to get started with to avoid revealing my safety to a third party, I am just being careful to avoid mistakes.

Knowing how to buy or accumulate Bitcoin is one of the first thing you should know when starting Bitcoin investment because it is very necessary and buying from exchange and sending to your private wallet will cost you some unnecessary fees and so to avoid or prevent that you should meet someone that can teach you how to go about it, you can only reveal your private details to someone if you showed the person your device while login and to avoid revealing it, you can login before meeting the person or the person can still use his or her exchange to teach you how to do it.

In as much as I will love to say the money you are using is small, I will also want to congratulate you for starting first at least and I want to believe this $10 is what you can afford to let go and $10 means that your sources of income is very small but it doesn't matter how small you start what matters is how you will end, your consistency.

[Sticky Bomb]

Long term is 10-12 years maybe a bit long. If an investor wants to withdraw profits and increase the amount of real assets within four years (one cycle), then it can be realistic for him. Instead of withdrawing his entire investment. If his profit amount in one cycle is more than he thought during the period of regular DCA method. For some reason, the possibility that the price of Bitcoin may fall should be considered in the investment thinking and you may be better off removing funds equal to the profit from the capital after a cycle.
Continuous DCA strategy and accumulation will continue and there is a strong desire to increase your assets from profits. I think selling Bitcoin before the completion of a four-year cycle is a trading mentality, so the long term should be 4-10 years.

The perspective depends on yourself in this case especially for bitcoin because in the end what we call long-term may not be for others and vice versa.

Regardless of whether the duration of time is considered long-term in the end as long as it is more than 1 or 2 halving rounds I think it is considered long-term so there is no need to question whether it is too long or not because it all depends on each perception.
I personally will still make this a long term but as for the investment time made it depends on my own perspective as long as I am still able to withstand then it doesn't matter if it is done for 5 years, 10 years or even more because after all when in bitcoin when the duration gets longer then the effectiveness and risk will be narrowed down so it is quite normal and very worth it to do when in bitcoin for the long term.
As long as we are able to withstand why not.

A more general bitcoin long term investment ranges from 4 to ten years of holding even though also, the longer you hold, the better chances of making something more encouraging.

As long as we are able to withstand why not.

It is very possible to Hodl for As long as you are active which presents bitcoin as a retirement plan order than just an active turnover business. Being active here means before retirement, when you could have a basic income to plan with. To an extent, Long term investment starts and ends in the mind: Your ability to resist push or pull due to market volatility. You could buy as little as you can hold off your discretionary income instead of accumulating Aggressively possibly by lump-sum or DCA beyond your capacity. The moment we avoid investing beyond our strength, then anyone could buy, buy and buy without getting tired of buying.

You can still be aggressive within your capacity, aggressiveness doesn't mean strangling yourself in a bid to invest into bitcoin, rather it is using a good portion of your discretionary income to invest into bitcoin as a sign of seriousness and dedication to your ongoing accumulation journey. The bad idea is to be over aggressive which puts the investor into unnecessary pressure in his investment schedule which can be as a result of using all of your discretionary income which was initially meant for investing and building backup funds for only investing into bitcoin, or worse still, also using funds meant for your expenses to buy bitcoin. It even puts your bitcoin portfolio at a risk since when the needs arises, you would have no other option than to tamper with your portfolio in order to solve the emergency or need that you should've considered prior to purchasing bitcoin.


Investing as low as 50% of your discretionary income can still be termed aggressiveness although some investor tends to be more aggressive than others and some can go as high as 70% of their discretionary income, yet every investor is advised to be as aggressive as they can without overdoing it or putting themselves at a disadvantage.

[Silikiem]

If someone wants to continue investing from their emergency fund, then they will have to face many types of pressure. For example, if for some reason they get sick and need their money immediately, then they may have to sell their investment. This can create a conflict of interest towards the investment. In the case of investment, buying investments with emergency funds will never be a wise thing to do.

The huge risk they might encounter is they face on huge risk for experiencing heavy liquidation if the emergency situation will happen. That's really bad experience to had since all their efforts made will be useless since they will force to sell maybe large percentage of their holdings just to meet their needs in that situation.

That's why its never been advisable for investor to use their emergency funds and separate it so that they would have something to get when they experience a problem that need an immediate response.

We should not waste the opportunity for acquiring bitcoin at certain prices that's why its really better for investor to be prepared on any situation so that their investment will not get affected and they have good chance to succeed and can acquire more Bitcoin in future.

The importance of emergency fund cannot be overemphasized as far as bitcoin investment is concerned, not just in bitcoin investment but also in general financial markets. The emergency funds in regards to Bitcoin investment should have nothing to do with your bitcoin accumulation, but indirectly it is that secret fund which keeps your investment going and keeps it stable. Just as the name implies, Emergency funds will protect your holdings as it  will prevent you from dipping into your bitcoin holdings whenever you encounter any life emergency which will require you to solve with money, at this point you don’t need to sell your bitcoins assets to raise the funds, your emergency funds is there to help you navigate through life’s financial problems. Note that the emergency fund must not be used to buy your bitcoin, it must be kept in a separate savings account and should be made available to access without having any restrictions or penalties while withdrawing it to solve your emergency needs.

[JayJuanGee]

[edited out]

In our previous discussion I talked about how I have other investment that I make profit from, I would have like to describe in detail but since you said that I do not need to give my specifics, I think there would be no need to describe it any more for safety purpose since everything remain private here, I wouldn't want to describe any of my circumstances.

It is up to you regarding the amount of details that you might want to give, and sometimes it can be helpful to figure out what you might be weighing in terms of what you believe to be relevant factors - especially in regards to any of your personal factors, and it can take some time to flesh out your various personal factors and even to adjust them to circumstances as they change and also how your assessment of various circumstances might change..

At first I was finding it difficult to invest into Bitcoin since I don't have a good knowledge about Bitcoin, but Last week I invested $10 with the help of my brother, I plan to increase my investment to $20 and above as time goes on, but for now since I am new to Bitcoin and don't know much on how to buy bitcoin myself I will be learning on how to buy Bitcoin from exchange and send to private wallet, to get started with to avoid revealing my safety to a third party, I am just being careful to avoid mistakes.

As long as you have at least $10 per week of extra discretionary income that you don't necessarily need for other things (including expenses that might come up in the current month or into the future), then you can start out with $10 per week, and to potentially increase the amounts as you become more comfortable.  Depending on the exchange that you are using, you might be comfortable allowing your bitcoin holdings build up to $500 or more before you transfer to your own private wallet, and so surely you may have to consider which wallet that you are going to want to use .. while you are continuing to buy on a weekly basis.

Frequently, I suggest that beginners may well consider shooting to invest into bitcoin around 5% to 25% of their income, and surely the more bullish you are about bitcoin, then you would shoot for the higher end of the range, and the more skeptical or uncertain that you are, then you might shoot more towards the bottom of the range.  Of course, you ared ultimately responsible for your choices, and you can even choose to go outside of the range that I suggest. 

Prior to 2020, I used to recommend 1% to 10%, yet I think that the irresponsible behaviors of various governments that was shown in 2020 justify investing at higher rates and for normie newbies to be more aggressive, and even the fact that many governments, financial institutions, regular institutions and rich individuals are increasingly coming up with bitcoin reserve plans, that likely justifies that individuals (normies) should be striving to be more aggressive with their bitcoin focus and their bitcoin accumulation since it seems that rich folks, governments and institutions are going to continue to be buying bitcoin, hoarding bitcoin and likely driving up the price (and perhaps attempting to fuck around with the access to bitcoin), so in that sense it seems to be in the best interest of normies to be both getting ahold of bitcoin and holding decent amounts of their bitcoin stash in private wallets.   

[edited out]

Indeed because investing in anything using emergency funds will not recommended. The mean of emergency funds is covering our urgent needs that need money so we can use that funds and fill it immediately. The emergency funds specifically for an urgent needs and not for other things. So we have emergency funds and a free money for the investment with other money that we prepare to fills each needs we have. If we can allocate the income to the right place and know how much money we can allocate, we can use the income proportionally.

Hopefully many of us are figuring out ways to manage our cashflows so that we never have to use our emergency funds.. they are just there in case we have some extreme unexpected shortfall in our income and/or some unexpected increase in our expenses. 

Sure when we are in the earliest of stages of building our emergency fund, we might end up having to tap into our emergency fund from time to time, yet once we get more mature in our cashflow management, we likely will have other additional funds that we tap into when there are shortages in cash or extra expenses... which may well start to be the case once our bitcoin investment and our emergency funds get to at least three months of our expenses... .. So the earliest stages that we are building up our finances and our back up funds we are at more risks to tap into our emergency funds, but once those funds are established and we have additional back up funds, it may well be the case that we never have to tap into our emergency funds absent an actual emergency, and even the smaller shortfalls in cash and/or extra expenses, we would likely take care of them through our back up funds and never be taping into our emergency funds absent an actual emergency, and once our investment and cashflow management has matured (perhaps after a few years of building it up), if we are tapping into our emergency funds, it likely is a sign that we are doing something wrong.  Some people create their own ongoing and regular emergencies by failing/refusing to manage their cashflows in strong ways.

It will no problem if your investment fund is not too big like others because DCA mean you buy Bitcoin constantly and hodl it and not spend any Bitcoin you have. And when you can run it with right, you will not have to worry if you miss the time to buy Bitcoin. Related to buy Bitcoin in every lower price, you should allocate another money for that needs so that will not interfere the other needs so you will have a chance to use the time of the Bitcoin correction to buy Bitcoin at a low price.

It could well take 4-10 years or more, just to get the amount that we invested in bitcoin to equal a whole year's income, which surely is a good place to be.. . .since it well could also happen that bitcoin appreciates in value at the same time, yet one of the reasons to attempt to invest in bitcoin in a front loading and aggressive kind of way is so that the amount that we put into bitcoin is already into bitcoin when (or if) it starts to appreciate in value.

[Catenaccio]

Hopefully many of us are figuring out ways to manage our cashflows so that we never have to use our emergency funds.. they are just there in case we have some extreme unexpected shortfall in our income and/or some unexpected increase in our expenses.

Well, surely it is not easy to do multiple tasks at the same time, daily or monthly spending, emergency fund, and investment capital, but when our finance is not good enouth while emergency can suddenly appear anytime, we have to assign part of our income to emergency fund. It's risky to optimistically think that accidents won't appear in next several months so we are safe enough to use all our income for regular necessary spendings and investment. This approach is very dangerous and we might unexpectedly face with an emergency and have to sale off out bitcoins. It's oppositely with what we want and eventually we get loss instead of profit as we initially imagined.

With time, when our emergency fund is bigger, we can reduce its monthly percent of new fund allocation and are able to spend bigger percent of our monthly income to investment fund.

[bitzizzix]

Hopefully many of us are figuring out ways to manage our cashflows so that we never have to use our emergency funds.. they are just there in case we have some extreme unexpected shortfall in our income and/or some unexpected increase in our expenses.

Well, surely it is not easy to do multiple tasks at the same time, daily or monthly spending, emergency fund, and investment capital, but when our finance is not good enouth while emergency can suddenly appear anytime, we have to assign part of our income to emergency fund. It's risky to optimistically think that accidents won't appear in next several months so we are safe enough to use all our income for regular necessary spendings and investment. This approach is very dangerous and we might unexpectedly face with an emergency and have to sale off out bitcoins. It's oppositely with what we want and eventually we get loss instead of profit as we initially imagined.

With time, when our emergency fund is bigger, we can reduce its monthly percent of new fund allocation and are able to spend bigger percent of our monthly income to investment fund.

The only way that can be done is to increase income or profit so that everything runs smoothly, and as a smart investor you must think and anticipate all of that because all of that is important and must continue to be run well so as not to conflict with the initial goal. And emergency funds are as important as important needs that must remain a priority besides investing with periodic purchases because both are very useful and also important and their value will increase, and emergency funds for reserves when something unexpected happens and no matter how much emergency funds will be used but play an important role especially when our jobs are no longer needed or sick and this is what illustrates us to keep setting aside for emergency funds and investments for future goals and as much as possible not to be used for sudden needs before reaching the goal. So whatever the reason if someone is neglected due to lack of sources of income must immediately find another source of income or a new one so that everything can still be implemented and run well and do not waver at all if you believe that Bitcoin will provide extraordinary benefits in the future, yes it must be maintained properly in order to achieve the goal.

[JayJuanGee]

Hopefully many of us are figuring out ways to manage our cashflows so that we never have to use our emergency funds.. they are just there in case we have some extreme unexpected shortfall in our income and/or some unexpected increase in our expenses.

Well, surely it is not easy to do multiple tasks at the same time, daily or monthly spending, emergency fund, and investment capital, but when our finance is not good enouth while emergency can suddenly appear anytime, we have to assign part of our income to emergency fund.

Likely the description sounds more complicated than how complicated that it really is.  Part of the seeming complication comes when we are dealing within hypotheticals and trying to cover a lot of variety of circumstances, yet any individual ONLY has his own situation to deal with.. which is a lot easier than thinking about a variety of circumstances.

As an individual, you have your own level of income and expenses that might be regular or irregular and it leaves you with your discretionary income, and so sure the more discretionary income that you have, then the more options that you have to divide it into more areas, so surely there can be more dilemmas and difficulties that come to guys who have lower levels of discretionary income.. .and surely some guys have options to increase their discretionary income by increasing their income and/or decreasing their expenses, yet some guys may have already maxed out their abilities to increase their discretionary income.

It's risky to optimistically think that accidents won't appear in next several months so we are safe enough to use all our income for regular necessary spendings and investment. This approach is very dangerous and we might unexpectedly face with an emergency and have to sale off out bitcoins.

We should be trying to put systems in place and put such systems into practice that we are lessening the odds (perhaps bringing the odds to near zero) that we will end up selling any of our bitcoin at a time that is not completely of our own choosing into the next 4-10 years or longer... so part of the purpose of any brand new bitcoin investor would be to strive to build his bitcoin investment and to build his emergency funds at the same time, yet these kinds of monetary determinations are still within his hands to make sure that he is not engaging in errors when he is measuring the capabilities that he has to invest within the parameters of his assessment of his discretionary income, and if he makes mistakes in his calculations, then he ONLY has himself to blame.. and if he really does not have discretionary income or enough confidence in his calculations about his abilities to invest into bitcoin for 4-10 years or more, then he should not be investing into bitcoin.  Anyone investing into bitcoin needs to have discretionary income to be able to invest into bitcoin.

It's oppositely with what we want and eventually we get loss instead of profit as we initially imagined.

With time, when our emergency fund is bigger, we can reduce its monthly percent of new fund allocation and are able to spend bigger percent of our monthly income to investment fund.

I agree with these parts of your post.

[Gost ms]

Knowing how to buy or accumulate Bitcoin is one of the first thing you should know when starting Bitcoin investment because it is very necessary and buying from exchange and sending to your private wallet will cost you some unnecessary fees and so to avoid or prevent that you should meet someone that can teach you how to go about it, you can only reveal your private details to someone if you showed the person your device while login and to avoid revealing it, you can login before meeting the person or the person can still use his or her exchange to teach you how to do it.

In as much as I will love to say the money you are using is small, I will also want to congratulate you for starting first at least and I want to believe this $10 is what you can afford to let go and $10 means that your sources of income is very small but it doesn't matter how small you start what matters is how you will end, your consistency.

If someone has basic knowledge about investment and Bitcoin, then he can invest and learn a lot along with investment. It is not right to delay investing for education, separate from buying or selling. If a new investor has basic knowledge about Bitcoin, and has faith in Bitcoin, then he can invest, and can also be successful by investing.

No amount of money is small to invest. It is necessary to start investing. Many people are afraid, they try investing with small amounts before investing more. Again, the amount of monthly or annual income of many people is very low, so investing $ 10 is a lot for them. Investing with any amount of money to invest is not small and the investment should be maintained for a long period of time.

[Bitcoin.com97]

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?

It is hard to treat you like an investor if you have less than a 5 year investment timeline, and you did not say that the reason for such a short investment timeline was because of either health and/or age.

Initially I thought five years timeline will be okay but with your statement I have come to realize that five years will not be tangible to accumulate a good amount of btc, and of course I’m bearly 25years  Entrepreneur which means I still have a long way to go , I have a plan of increasing my timeline from 5 years to 15 years or probably 20years since I’m still young and I’m not old neither do I have any health issue .

It is hard to treat your ideas of investing into bitcoin seriously if you cannot establish a longer timeline... and so you are merely wanting to get into bitcoin and then get out of bitcoin with some dollar profits, and you will likely miss out on a likely compounding value that comes from holding bitcoin longer (such as for a lifetime and then potentially converting into sustainable withdrawal at some later point).

I’m not actually trying to get in and out of bitcoin with some dollar profit , just that I’m new to the Bitcoin investment and I never knew long timeline will be more profitable than short timeline but with this conversation I have come to understand that investing in Bitcoin in a long timeline is better than short timeline,  i wIll try my best to invest Bitcoin in a long timeline .

How do you expect any of us to help you with figuring out strategies that you might be able to apply, if you are merely planning to trade in and out of bitcoin?

All I needed was to be enlightened since I’m new into Bitcoin ,I never had in mind to trade in and out of Bitcoin , And I’m not planning to trade but to invest and accumulate a good amount , I have come to realize , and I now have a good knowledge of 10 to 15years investment and the benefits , so I expect everyone to assist and guid me right so I won’t make a mistake that is all .

What are you doing to make sure that your able to invest into bitcoin for the long term?  You do not need to give your specifics, but you could still describe if you have started investing into bitcoin and it you are establishing back up funds and maybe outline some of your individual particulars without necessarily describing your exact circumstances.   There are ways to ask questions without necessarily describing too many individual circumstances, and sometimes we might present hypothetical persons too that may or may not have similar circumstances as ourselves.

In our previous discussion I talked about how I have other investment that I make profit from, I would have like to describe in detail but since you said that I do not need to give my specifics, I think there would be no need to describe it any more for safety purpose since everything remain private here, I wouldn't want to describe any of my circumstances. At first I was finding it difficult to invest into Bitcoin since I don't have a good knowledge about Bitcoin, but Last week I invested $10 with the help of my brother, I plan to increase my investment to $20 and above as time goes on, but for now since I am new to Bitcoin and don't know much on how to buy bitcoin myself I will be learning on how to buy Bitcoin from exchange and send to private wallet, to get started with to avoid revealing my safety to a third party, I am just being careful to avoid mistakes.

Knowing how to buy or accumulate Bitcoin is one of the first thing you should know when starting Bitcoin investment because it is very necessary and buying from exchange and sending to your private wallet will cost you some unnecessary fees and so to avoid or prevent that you should meet someone that can teach you how to go about it, you can only reveal your private details to someone if you showed the person your device while login and to avoid revealing it, you can login before meeting the person or the person can still use his or her exchange to teach you how to do it.

In as much as I will love to say the money you are using is small, I will also want to congratulate you for starting first at least and I want to believe this $10 is what you can afford to let go and $10 means that your sources of income is very small but it doesn't matter how small you start what matters is how you will end, your consistency.

Yeah I know how important it is to know how to buy or accumulate bitcoin by myself, because anything investment one should be very careful and also source for help and knowledge that is the main reason why my brother is helping me out by teaching me how to go about it .

The money maybe too small but it’s for a start I’m on the training process , just as I said with time I will increase my investment, it could be weekly or monthly, what matter most is consistency and determination, what I started with shouldn’t be a problem to you , Also saying that  $10 is what I can afford let go is totally not an investor mindset , investment is not a gamble where you put what you can afford to lose , investment is a positive mindset and having a desire goal with a target , starting with $10 doesn’t necessarily mean my income is too small , it’s a gradual process , I’m learning how to do it  by myself, I will increase it overly as time goes on .

[Tonimez]

Long term is 10-12 years maybe a bit long. If an investor wants to withdraw profits and increase the amount of real assets within four years (one cycle), then it can be realistic for him. Instead of withdrawing his entire investment. If his profit amount in one cycle is more than he thought during the period of regular DCA method. For some reason, the possibility that the price of Bitcoin may fall should be considered in the investment thinking and you may be better off removing funds equal to the profit from the capital after a cycle.
Continuous DCA strategy and accumulation will continue and there is a strong desire to increase your assets from profits. I think selling Bitcoin before the completion of a four-year cycle is a trading mentality, so the long term should be 4-10 years.

The perspective depends on yourself in this case especially for bitcoin because in the end what we call long-term may not be for others and vice versa.

Regardless of whether the duration of time is considered long-term in the end as long as it is more than 1 or 2 halving rounds I think it is considered long-term so there is no need to question whether it is too long or not because it all depends on each perception.
I personally will still make this a long term but as for the investment time made it depends on my own perspective as long as I am still able to withstand then it doesn't matter if it is done for 5 years, 10 years or even more because after all when in bitcoin when the duration gets longer then the effectiveness and risk will be narrowed down so it is quite normal and very worth it to do when in bitcoin for the long term.
As long as we are able to withstand why not.

A more general bitcoin long term investment ranges from 4 to ten years of holding even though also, the longer you hold, the better chances of making something more encouraging.

As long as we are able to withstand why not.

It is very possible to Hodl for As long as you are active which presents bitcoin as a retirement plan order than just an active turnover business. Being active here means before retirement, when you could have a basic income to plan with. To an extent, Long term investment starts and ends in the mind: Your ability to resist push or pull due to market volatility. You could buy as little as you can hold off your discretionary income instead of accumulating Aggressively possibly by lump-sum or DCA beyond your capacity. The moment we avoid investing beyond our strength, then anyone could buy, buy and buy without getting tired of buying.

You can still be aggressive within your capacity, aggressiveness doesn't mean strangling yourself in a bid to invest into bitcoin, rather it is using a good portion of your discretionary income to invest into bitcoin as a sign of seriousness and dedication to your ongoing accumulation journey. The bad idea is to be over aggressive which puts the investor into unnecessary pressure in his investment schedule which can be as a result of using all of your discretionary income which was initially meant for investing and building backup funds for only investing into bitcoin, or worse still, also using funds meant for your expenses to buy bitcoin. It even puts your bitcoin portfolio at a risk since when the needs arises, you would have no other option than to tamper with your portfolio in order to solve the emergency or need that you should've considered prior to purchasing bitcoin.


Investing as low as 50% of your discretionary income can still be termed aggressiveness although some investor tends to be more aggressive than others and some can go as high as 70% of their discretionary income, yet every investor is advised to be as aggressive as they can without overdoing it or putting themselves at a disadvantage.

It is not wise enough to invest up to 70 percent of your Discretionary income into bitcoin. Having such amount invested would have a drastic effect on your backup funds and emergency funds. The percentage of funds you put into your back up funds and emergency funds really has a lot to do when it comes to how long and investor can be able to hold his assets and also influences the amount you put into your back up funds. Investing within your reach is better than investing Aggressively and having to sell of your assets in the event of unforeseen circumstances.