Buy Buy Buy or Sell Sell Sell?

[Stormisover]

[edited out]

For a new investor to be successful in his Bitcoin investment, he must approach the market with a long term plan while understanding the key factors in Bitcoin investment which is consistency, patient and risk tolerance. The more quantity of Bitcoin an investor can stash matters a lot because that is his main goal,to focus on accumulating more bitcoin consistently into his portfolio with DCA while building his Emergency funds simultaneously. Emergency funds is kept for real time  emergencies or unforseen occurrence,so as to help him not to tamper or sell parts of his portfolio when he needed not to. The market can be volatile and sometimes unpredictable,a long term plan is considerate as the right approach for a new investor because you he doesn't need to bother any more with fluctuation of prices of bitcoin as he is  already on a long term plan to invest and to Hodl for a substantial period of 10years and should only be focusing on his accumulation pace until he reaches his desirable accumulation  target.

In recent times, I have been thinking about ways to attempt to characterize what might be an adequate amount to invest into bitcoin, and surely anyone who might have had gotten to a place that they had invested a year of their income (or even a year of their expenses - which would be a lower number) into bitcoin, then surely they have dedicated a quite a bit of investment into bitcoin... and it could take a person 4-20 years to reach such levels of investment into bitcoin, and the person who invests only 5% of their income into bitcoin will take 20 years to have had invested 1 year's income into bitcoin, while the person who invests 25% of their income into bitcoin will have had achieved putting 1 year's of their income into bitcoin after 4 years.  Of course, not everyone is capable of putting 25% of their income into bitcoin.. yet we can see that if someone has more discretionary income (such as a higher percentage of their income is discretionary) then they will likely have more abilities to reach a point of being able to have had invested a whole year's income into bitcoin sooner than the ones who have lower percentages (or amounts) of discretionary income.

You are correct Sir JJG for me I will say the more sacrifice you make the more you will achieve, there are some set of people who have decided to use 40 percent of there discretionary income into Bitcoin and there are also some people who have decided to use 80 percent of there discretionary income for Bitcoin accumulation this two set of people made different sacrifices those that used only 40 percent of there discretionary income wanted to try other things and to have fun a little whereby those who used 80 percent of there discretionary income sacrificed more by denying there self's some things that the other person enjoyed, and those that used 40 percent only can take 8 years to achieve what those that used 80 percent achieved in 4 years so the larger your percentage the Shorter your journey and the smaller the percentage the longer the journey. So it all depends on what you want and what you can cope with.

Yes the more sacrifice you make the more one will achieve but sacrifice is not about how big or small but rather what matters the most is how well and perfect you are doing the sacrifice, are you sacrificing the right way? Are you following the principles? Because almost everything in life has protocols or principles one ought to observe before the result will be achieved. Someone can be using 80 percent and yet someone that is using 40 percent will do better and have good return and a successful investment than someone that is using 80 percent.

JJust because you invest 40% or 80% doesn't mean you will be a successful investor. Investing 80% of your disposable income is very aggressive investing. Try to invest with the amount of money that is left after deducting all your expenses. The Bitcoin market is very volatile and no one can ever tell what will happen in the future. But long-term investments have a much higher chance of success.

You can invest with the amount of money that is left after deducting all your personal expenses and I would like to advise beginners to invest 5% to 25% of their income.

You have to decide for yourself rather than given such advice, everyone stand in position to determine the percentage of their income they will suitable for them to invest based on their own personal circumstances including their cash flow, risk tolerance level and investment goals and objectives if agree that Bitcoin investment is not a competition but a race anyone should run in their own lane without looking at others and who comes first.

[Spaceman1000$]

[edited out]

For a new investor to be successful in his Bitcoin investment, he must approach the market with a long term plan while understanding the key factors in Bitcoin investment which is consistency, patient and risk tolerance. The more quantity of Bitcoin an investor can stash matters a lot because that is his main goal,to focus on accumulating more bitcoin consistently into his portfolio with DCA while building his Emergency funds simultaneously. Emergency funds is kept for real time  emergencies or unforseen occurrence,so as to help him not to tamper or sell parts of his portfolio when he needed not to. The market can be volatile and sometimes unpredictable,a long term plan is considerate as the right approach for a new investor because you he doesn't need to bother any more with fluctuation of prices of bitcoin as he is  already on a long term plan to invest and to Hodl for a substantial period of 10years and should only be focusing on his accumulation pace until he reaches his desirable accumulation  target.

In recent times, I have been thinking about ways to attempt to characterize what might be an adequate amount to invest into bitcoin, and surely anyone who might have had gotten to a place that they had invested a year of their income (or even a year of their expenses - which would be a lower number) into bitcoin, then surely they have dedicated a quite a bit of investment into bitcoin... and it could take a person 4-20 years to reach such levels of investment into bitcoin, and the person who invests only 5% of their income into bitcoin will take 20 years to have had invested 1 year's income into bitcoin, while the person who invests 25% of their income into bitcoin will have had achieved putting 1 year's of their income into bitcoin after 4 years.  Of course, not everyone is capable of putting 25% of their income into bitcoin.. yet we can see that if someone has more discretionary income (such as a higher percentage of their income is discretionary) then they will likely have more abilities to reach a point of being able to have had invested a whole year's income into bitcoin sooner than the ones who have lower percentages (or amounts) of discretionary income.

You are correct Sir JJG for me I will say the more sacrifice you make the more you will achieve, there are some set of people who have decided to use 40 percent of there discretionary income into Bitcoin and there are also some people who have decided to use 80 percent of there discretionary income for Bitcoin accumulation this two set of people made different sacrifices those that used only 40 percent of there discretionary income wanted to try other things and to have fun a little whereby those who used 80 percent of there discretionary income sacrificed more by denying there self's some things that the other person enjoyed, and those that used 40 percent only can take 8 years to achieve what those that used 80 percent achieved in 4 years so the larger your percentage the Shorter your journey and the smaller the percentage the longer the journey. So it all depends on what you want and what you can cope with.

Yes the more sacrifice you make the more one will achieve but sacrifice is not about how big or small but rather what matters the most is how well and perfect you are doing the sacrifice, are you sacrificing the right way? Are you following the principles? Because almost everything in life has protocols or principles one ought to observe before the result will be achieved. Someone can be using 80 percent and yet someone that is using 40 percent will do better and have good return and a successful investment than someone that is using 80 percent.

JJust because you invest 40% or 80% doesn't mean you will be a successful investor. Investing 80% of your disposable income is very aggressive investing. Try to invest with the amount of money that is left after deducting all your expenses. The Bitcoin market is very volatile and no one can ever tell what will happen in the future. But long-term investments have a much higher chance of success.

You can invest with the amount of money that is left after deducting all your personal expenses and I would like to advise beginners to invest 5% to 25% of their income.

Your percentage of investment depends on your level of tolerance on your disposable income, if you can do 80% investment and it doesn't affect your day to day activity and you able to meet up with other bills, then i don't think there is any cause for alarm.
People do 40% or 80% investment and still succeed on it because it all depends on how you decide to augment your bitcoin investment journey with your discretionary income and how sustainable the percentage you've adopted can last you. Why I'm saying so it's because in a situation whereby you cannot continue with a certain percentage on the long run, you can always adjust your percentage to probably what suits you at that moment. So a beginner mustn't limit himself to invest 5% to 20% of his income if he can do more.

[Jostern]

[edited out]

For a new investor to be successful in his Bitcoin investment, he must approach the market with a long term plan while understanding the key factors in Bitcoin investment which is consistency, patient and risk tolerance. The more quantity of Bitcoin an investor can stash matters a lot because that is his main goal,to focus on accumulating more bitcoin consistently into his portfolio with DCA while building his Emergency funds simultaneously. Emergency funds is kept for real time  emergencies or unforseen occurrence,so as to help him not to tamper or sell parts of his portfolio when he needed not to. The market can be volatile and sometimes unpredictable,a long term plan is considerate as the right approach for a new investor because you he doesn't need to bother any more with fluctuation of prices of bitcoin as he is  already on a long term plan to invest and to Hodl for a substantial period of 10years and should only be focusing on his accumulation pace until he reaches his desirable accumulation  target.

In recent times, I have been thinking about ways to attempt to characterize what might be an adequate amount to invest into bitcoin, and surely anyone who might have had gotten to a place that they had invested a year of their income (or even a year of their expenses - which would be a lower number) into bitcoin, then surely they have dedicated a quite a bit of investment into bitcoin... and it could take a person 4-20 years to reach such levels of investment into bitcoin, and the person who invests only 5% of their income into bitcoin will take 20 years to have had invested 1 year's income into bitcoin, while the person who invests 25% of their income into bitcoin will have had achieved putting 1 year's of their income into bitcoin after 4 years.  Of course, not everyone is capable of putting 25% of their income into bitcoin.. yet we can see that if someone has more discretionary income (such as a higher percentage of their income is discretionary) then they will likely have more abilities to reach a point of being able to have had invested a whole year's income into bitcoin sooner than the ones who have lower percentages (or amounts) of discretionary income.

You are correct Sir JJG for me I will say the more sacrifice you make the more you will achieve, there are some set of people who have decided to use 40 percent of there discretionary income into Bitcoin and there are also some people who have decided to use 80 percent of there discretionary income for Bitcoin accumulation this two set of people made different sacrifices those that used only 40 percent of there discretionary income wanted to try other things and to have fun a little whereby those who used 80 percent of there discretionary income sacrificed more by denying there self's some things that the other person enjoyed, and those that used 40 percent only can take 8 years to achieve what those that used 80 percent achieved in 4 years so the larger your percentage the Shorter your journey and the smaller the percentage the longer the journey. So it all depends on what you want and what you can cope with.

Yes the more sacrifice you make the more one will achieve but sacrifice is not about how big or small but rather what matters the most is how well and perfect you are doing the sacrifice, are you sacrificing the right way? Are you following the principles? Because almost everything in life has protocols or principles one ought to observe before the result will be achieved. Someone can be using 80 percent and yet someone that is using 40 percent will do better and have good return and a successful investment than someone that is using 80 percent.

JJust because you invest 40% or 80% doesn't mean you will be a successful investor. Investing 80% of your disposable income is very aggressive investing. Try to invest with the amount of money that is left after deducting all your expenses. The Bitcoin market is very volatile and no one can ever tell what will happen in the future. But long-term investments have a much higher chance of success.

You can invest with the amount of money that is left after deducting all your personal expenses and I would like to advise beginners to invest 5% to 25% of their income.

I think it’s not very realistic to assume or try to advise whatever amount we should be investing considering our level of financial buoyancy and income, what we should be more concerned about is continuous accumulation and improvement as little as our discretionary funds we can invest with it and continue to accumulate and build our portfolio gradually, as a beginner I might not necessarily have 5% to 25% probably on a weekly or monthly basis, but what should be a necessity to me is just to invest whatever amount of discretionary funds I might have after my expenses and continue to invest and accumulate and hodl. I prefer to consider what is suitable for me to continue investing and accumulate instead of going with what is beyond my control and get my investment fucked.

[Stormisover]

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 .

I understood the point at which you are not only investing based upon your financial abilities but as a result of the level of your understanding, it is a good thing that have decided to get the fucking started with the motive of increasing your investment allocation as your understanding increases too, there is nothing wrong being that conservative in the beginning of your investment because it has taken you from being a no coiner to a coiner, getting started is one basic and primary thing to do and it doesn't matter how much with the hope of improving other areas with passage of time. However, emphasis on taking care of your basic needs and only invest from your discretionary income to enable you have the peace of mind needed to grow your asset for as long as necessarily 4 to 10 years or more.

The mistake that most people make when investing in Bitcoin is the lack of proper decision-making. If someone can change their perspective, then they can take appropriate steps to invest in Bitcoin. Anyone can invest in Bitcoin regularly even with a small capital. If your goal is right and you use the right understanding, you can perform investment activities without mental worry. For long-term investment in Bitcoin, you should invest your earned money in Bitcoin regularly after meeting your biological needs and manage this investment for a long time, at least 4-10 years.

To sustain Bitcoin for a long time, you should create a prudent fund along with your emergency fund so that your Bitcoin is not disrupted by any natural disaster. This prudent fund will play an important role in your long-term investment in Bitcoin.

There cannot be any successful bitcoin investment without a commiserate stash of back up funds and emergency funds which makes this a first step in bitcoin accumulation.

I disagree with you on this sir on what you suggested as a first step prior to accumulating Bitcoin, the first step for anyone to get in and start accumulating Bitcoin is to figure out if they have have a discretionary income and how to buy your coin, you can improve in other things if actually you have your Bitcoin investment at heart,  getting started will increase your curiosity for more knowledge and how best you can go about your investment in to other to be in a good standard and increases your chances of being successful, some one who has not started can not be as serious as someone who has started when it comes to looking for more knowledge and good investment practices to put in place including the various backup funds which you stated above.

[Joy- maker]

[edited out]

For a new investor to be successful in his Bitcoin investment, he must approach the market with a long term plan while understanding the key factors in Bitcoin investment which is consistency, patient and risk tolerance. The more quantity of Bitcoin an investor can stash matters a lot because that is his main goal,to focus on accumulating more bitcoin consistently into his portfolio with DCA while building his Emergency funds simultaneously. Emergency funds is kept for real time  emergencies or unforseen occurrence,so as to help him not to tamper or sell parts of his portfolio when he needed not to. The market can be volatile and sometimes unpredictable,a long term plan is considerate as the right approach for a new investor because you he doesn't need to bother any more with fluctuation of prices of bitcoin as he is  already on a long term plan to invest and to Hodl for a substantial period of 10years and should only be focusing on his accumulation pace until he reaches his desirable accumulation  target.

In recent times, I have been thinking about ways to attempt to characterize what might be an adequate amount to invest into bitcoin, and surely anyone who might have had gotten to a place that they had invested a year of their income (or even a year of their expenses - which would be a lower number) into bitcoin, then surely they have dedicated a quite a bit of investment into bitcoin... and it could take a person 4-20 years to reach such levels of investment into bitcoin, and the person who invests only 5% of their income into bitcoin will take 20 years to have had invested 1 year's income into bitcoin, while the person who invests 25% of their income into bitcoin will have had achieved putting 1 year's of their income into bitcoin after 4 years.  Of course, not everyone is capable of putting 25% of their income into bitcoin.. yet we can see that if someone has more discretionary income (such as a higher percentage of their income is discretionary) then they will likely have more abilities to reach a point of being able to have had invested a whole year's income into bitcoin sooner than the ones who have lower percentages (or amounts) of discretionary income.

You are correct Sir JJG for me I will say the more sacrifice you make the more you will achieve, there are some set of people who have decided to use 40 percent of there discretionary income into Bitcoin and there are also some people who have decided to use 80 percent of there discretionary income for Bitcoin accumulation this two set of people made different sacrifices those that used only 40 percent of there discretionary income wanted to try other things and to have fun a little whereby those who used 80 percent of there discretionary income sacrificed more by denying there self's some things that the other person enjoyed, and those that used 40 percent only can take 8 years to achieve what those that used 80 percent achieved in 4 years so the larger your percentage the Shorter your journey and the smaller the percentage the longer the journey. So it all depends on what you want and what you can cope with.

Yes the more sacrifice you make the more one will achieve but sacrifice is not about how big or small but rather what matters the most is how well and perfect you are doing the sacrifice, are you sacrificing the right way? Are you following the principles? Because almost everything in life has protocols or principles one ought to observe before the result will be achieved. Someone can be using 80 percent and yet someone that is using 40 percent will do better and have good return and a successful investment than someone that is using 80 percent.

JJust because you invest 40% or 80% doesn't mean you will be a successful investor. Investing 80% of your disposable income is very aggressive investing. Try to invest with the amount of money that is left after deducting all your expenses. The Bitcoin market is very volatile and no one can ever tell what will happen in the future. But long-term investments have a much higher chance of success.

You can invest with the amount of money that is left after deducting all your personal expenses and I would like to advise beginners to invest 5% to 25% of their income.

You have to decide for yourself rather than given such advice, everyone stand in position to determine the percentage of their income they will suitable for them to invest based on their own personal circumstances including their cash flow, risk tolerance level and investment goals and objectives if agree that Bitcoin investment is not a competition but a race anyone should run in their own lane without looking at others and who comes first.

I agree with you on this one, because advising newbies to invest 5% to 25% of there discretionary income, for me  I don't see it as  a good advice, and beside everyone stand in the position to decide for themselves the percentage that  will be suitable for them to invest in bitcoin base on their investment goals, cash flow, Risk tolerance level and their own personal circumstances, less take for example now am working with a company and  my income is Very high and am going get due for retirement, less say my retirement is in the next 5 to 10 to come, and my investment goals is to build a nest egg for retirement, how do you expect me to achieve this my investment goals if am only investing 5% to 25% of discretionary income? So what are my trying to say decide the percentage to invest in bitcoin is personal, because everybody's plans are not the same including Risk tolerance, cash flow and investment goals.

[woez]

Anyone calculating their level of aggressiveness from their discretionary income would already be an attempt to take out the noise, since discretionary income is intended to be the money that is left after accounting for expenses.  You have some better way of calculating and/or considering these ways of figuring out levels of bitcoin investing aggressiveness?

I just take the normal one but it has enough accuracy in this case, namely by looking at the Sentiment (Index) Fear & Greed Index so by combining them a Smart DCA strategy pattern was born.

Since woez has been registered on the forum since September 2018, we cannot really know the extent to which he had already been accumulating bitcoin, yet sure, there is likely quite a bit of safety to presume that woez does not really get bitcoin, and that he has not been focusing on accumulating it.. which has either put him as a no coiner or pretty low on the lowcoiner scale, relative to where he could have had been by now.

If the forum registration data is always the initial reference, yes, I really appreciate it but it is not entirely real (lowcoiner scale) and can be used as a basis for seeing someone's asset ownership, maybe there are those who set the silent mode, are less active in discussing but actively investing, who knows.

[Umulala-alala]

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 .

I understood the point at which you are not only investing based upon your financial abilities but as a result of the level of your understanding, it is a good thing that have decided to get the fucking started with the motive of increasing your investment allocation as your understanding increases too, there is nothing wrong being that conservative in the beginning of your investment because it has taken you from being a no coiner to a coiner, getting started is one basic and primary thing to do and it doesn't matter how much with the hope of improving other areas with passage of time. However, emphasis on taking care of your basic needs and only invest from your discretionary income to enable you have the peace of mind needed to grow your asset for as long as necessarily 4 to 10 years or more.

The mistake that most people make when investing in Bitcoin is the lack of proper decision-making. If someone can change their perspective, then they can take appropriate steps to invest in Bitcoin. Anyone can invest in Bitcoin regularly even with a small capital. If your goal is right and you use the right understanding, you can perform investment activities without mental worry. For long-term investment in Bitcoin, you should invest your earned money in Bitcoin regularly after meeting your biological needs and manage this investment for a long time, at least 4-10 years.

To sustain Bitcoin for a long time, you should create a prudent fund along with your emergency fund so that your Bitcoin is not disrupted by any natural disaster. This prudent fund will play an important role in your long-term investment in Bitcoin.

There cannot be any successful bitcoin investment without a commiserate stash of back up funds and emergency funds which makes this a first step in bitcoin accumulation.

Your information can be misleading and can discourage one who already has a Discretionary income to get started without having an emergency fund at the beginning of their investment, your first step before starting your bitcoin investment should be your discretionary income after making provision for your important needs your leftover is what is need to get started than emergency fund and back up funds can follow as you continue buying bitcoin and HODL.

[POPOLUV]

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.

Investment within any investors reach is as the same thing investment aggressively and talking about not investing up to 70% for a start i that it is not that possible but those are into Bitcoin  for so long now, and with their steady cashflow defers that is how your their percentages will defer when it comes to investing and buying Bitcoin aggressively, and good investors will surely start his/her investment along side his emergency fund.

[Futurexxx]

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.

Investment within any investors reach is as the same thing investment aggressively and talking about not investing up to 70% for a start i that it is not that possible but those are into Bitcoin  for so long now, and with their steady cashflow defers that is how your their percentages will defer when it comes to investing and buying Bitcoin aggressively, and good investors will surely start his/her investment along side his emergency fund.

Buying aggressively can be very good for a Bitcoin investor, but it can also be very bad for a Bitcoin investor, where the defining factor is, is how it's being done.
You can't be investing up to 70% of your net income into Bitcoin and be expecting not to temper with it later, because if your basic needs is not properly taken care of, it would be just a matter of time before you fall back to your investment for survival, that's why over doing it is a very wrong thing to do.
Furthermore, as a Bitcoin investor, we should try to be stacking up our emergency funds the Same way we are buying weekly or monthly, so that our emergency funds will be big enough to carry what ever storm or financial crisis that may arise in the future.

[Mehmet69]

[edited out]

You are correct Sir JJG for me I will say the more sacrifice you make the more you will achieve, there are some set of people who have decided to use 40 percent of there discretionary income into Bitcoin and there are also some people who have decided to use 80 percent of there discretionary income for Bitcoin accumulation this two set of people made different sacrifices those that used only 40 percent of there discretionary income wanted to try other things and to have fun a little whereby those who used 80 percent of there discretionary income sacrificed more by denying there self's some things that the other person enjoyed, and those that used 40 percent only can take 8 years to achieve what those that used 80 percent achieved in 4 years so the larger your percentage the Shorter your journey and the smaller the percentage the longer the journey. So it all depends on what you want and what you can cope with.

Yes the more sacrifice you make the more one will achieve but sacrifice is not about how big or small but rather what matters the most is how well and perfect you are doing the sacrifice, are you sacrificing the right way? Are you following the principles? Because almost everything in life has protocols or principles one ought to observe before the result will be achieved. Someone can be using 80 percent and yet someone that is using 40 percent will do better and have good return and a successful investment than someone that is using 80 percent.

Success in life is not comparable to hard work. But none of us have to make so many sacrifices to start investing in Bitcoin. You are calling investing in Bitcoin a sacrifice, which seems absurd to me. We all know that investing in Bitcoin is never about self-sacrifice and oppression. Bitcoin is a symbol of love and passion.

At the same time, we all know that we need a discretionary income to start investing in Bitcoin. There is no rule to invest with the full amount of real discretionary income. Because we who invest in Bitcoin are long-term investors. In such a situation, if we spend all our money and fall into an emergency, will selling our investment be the last resort? Of course not. So we will not be too aggressive to invest in Bitcoin and start investing by making the right decision and arranging an emergency fund.

So I would like to say that instead of making aggressive investments, make proper use of discretionary income and arrange an emergency fund at the same time. I hope you understand my gist.

[Merit.s]

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.

Investment within any investors reach is as the same thing investment aggressively and talking about not investing up to 70% for a start i that it is not that possible but those are into Bitcoin  for so long now, and with their steady cashflow defers that is how your their percentages will defer when it comes to investing and buying Bitcoin aggressively, and good investors will surely start his/her investment along side his emergency fund.

Buying aggressively can be very good for a Bitcoin investor, but it can also be very bad for a Bitcoin investor, where the defining factor is, is how it's being done.
You can't be investing up to 70% of your net income into Bitcoin and be expecting not to temper with it later, because if your basic needs is not properly taken care of, it would be just a matter of time before you fall back to your investment for survival, that's why over doing it is a very wrong thing to do.
Furthermore, as a Bitcoin investor, we should try to be stacking up our emergency funds the Same way we are buying weekly or monthly, so that our emergency funds will be big enough to carry what ever storm or financial crisis that may arise in the future.

Of course, it's necessary to build up your emergency funds as you have started investing into bitcoin simultaneously with your bitcoin investment but there should be a limit. Your emergency funds should be at least three months of your monthly income and when that is achieved, you don't need to put anymore money into your emergency funds only if you have used part of it when you were hit with real emergency.

It's wrong for you to continue building your emergency funds with your bitcoin investment overtime for them to be on the same level even after you have reached three months of your income. After building your emergency funds to three months of your monthly income, you can channel that funds to build up several backup funds like your reserve funds and float before investing aggressively into bitcoin with it.

[Tonimez]

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.

Investment within any investors reach is as the same thing investment aggressively and talking about not investing up to 70% for a start i that it is not that possible but those are into Bitcoin  for so long now, and with their steady cashflow defers that is how your their percentages will defer when it comes to investing and buying Bitcoin aggressively, and good investors will surely start his/her investment along side his emergency fund.

Buying aggressively can be very good for a Bitcoin investor, but it can also be very bad for a Bitcoin investor, where the defining factor is, is how it's being done.
You can't be investing up to 70% of your net income into Bitcoin and be expecting not to temper with it later, because if your basic needs is not properly taken care of, it would be just a matter of time before you fall back to your investment for survival, that's why over doing it is a very wrong thing to do.
Furthermore, as a Bitcoin investor, we should try to be stacking up our emergency funds the Same way we are buying weekly or monthly, so that our emergency funds will be big enough to carry what ever storm or financial crisis that may arise in the future.

Of course, it's necessary to build up your emergency funds as you have started investing into bitcoin simultaneously with your bitcoin investment but there should be a limit. Your emergency funds should be at least three months of your monthly income and when that is achieved, you don't need to put anymore money into your emergency funds only if you have used part of it when you were hit with real emergency.

It's wrong for you to continue building your emergency funds with your bitcoin investment overtime for them to be on the same level even after you have reached three months of your income. After building your emergency funds to three months of your monthly income, you can channel that funds to build up several backup funds like your reserve funds and float before investing aggressively into bitcoin with it.

It would be more difficult for anyone who is not in this forum to make a better investor. This is because orientation matters and daily news feeds and information hunting is very crucial to the success of every bitcoin investment.

It is a wrong advice that emergency funds should not be saved up continuously. You can never be too sure of the amount of money your next emergency situation could cost you. Neither can you be too sure of the next economic wave your backup funds could sort for you. Accumulating both emergency funds and back up funds alongside bitcoin accumulation is a better option.

Natural disasters don't mind how much emergency funds you've saved up, so the larger your emergency funds is, the safer your bitcoin stash is. Emergency funds would never be in excess no matter how long you save up. There various ailments that can cost an estate in days which no one is praying for. But the best thing is to plan for the rainy days by making hay while the sun shines.

[Popkon6]

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.

Investment within any investors reach is as the same thing investment aggressively and talking about not investing up to 70% for a start i that it is not that possible but those are into Bitcoin  for so long now, and with their steady cashflow defers that is how your their percentages will defer when it comes to investing and buying Bitcoin aggressively, and good investors will surely start his/her investment along side his emergency fund.

Buying aggressively can be very good for a Bitcoin investor, but it can also be very bad for a Bitcoin investor, where the defining factor is, is how it's being done.
You can't be investing up to 70% of your net income into Bitcoin and be expecting not to temper with it later, because if your basic needs is not properly taken care of, it would be just a matter of time before you fall back to your investment for survival, that's why over doing it is a very wrong thing to do.
Furthermore, as a Bitcoin investor, we should try to be stacking up our emergency funds the Same way we are buying weekly or monthly, so that our emergency funds will be big enough to carry what ever storm or financial crisis that may arise in the future.

Before investing in Bitcoin, it is important to have a plan, because without a plan it is not possible to reach any destination. Of course, having a plan is enough for this, so we should give such importance to the emergency fund. Because if we buy aggressively, it will be a threat to us in the future, so we will meet most of our income to meet the basic needs of the family and we will use the rest of the money for Bitcoin investment.
In this way, if we can manage our investment for a long time according to the plan, it is definitely possible to grow a lot of portfolios in the end. In the beginning, we will think about buying Bitcoin. Whenever we think about selling Bitcoin, greed can arise in the investor, so we will refrain from selling Bitcoin and make every effort to buy Bitcoin.

[laijsica]

Yes the more sacrifice you make the more one will achieve but sacrifice is not about how big or small but rather what matters the most is how well and perfect you are doing the sacrifice, are you sacrificing the right way? Are you following the principles? Because almost everything in life has protocols or principles one ought to observe before the result will be achieved. Someone can be using 80 percent and yet someone that is using 40 percent will do better and have good return and a successful investment than someone that is using 80 percent.

What you said might be true because in terms of using capital as a sign of sacrifice for yourself, it doesn't have to be too big as long as we have a unique way to make small capital bigger. So the level of success is actually not always determined by the amount of large capital because it would also be useless to use too much capital if the way to manage it is not good enough and can result in losses. So in any case, everyone must really understand the pattern first and must also have a really powerful way to be used by themselves for a good enough purpose. Because this kind of thing is usually used more by those who don't have much capital but are still brave enough to make sacrifices with the genius steps they already have in order to make their capital even bigger.

Yes, many people doubt that the level of success is actually determined by large capital, but what I try to maintain myself in is to be consistent in investing so that even small amounts of Bitcoin are accumulated in the portfolio. If someone can determine their investment strategy according to this pattern, then it is according to their expectations. You should keep a balance between investing and applying a large capital strategy, such as if you are tempted to make a lump sum buying, it will allow you to be included in one strategy. Another strategy is to enter the market slowly and front-load from floating cash. This is a really great strategy where you have a Bitcoin accumulation plan running from your discretionary income and reload in the comparative dips season and increase the size of the portfolio and stick to it for the long term.

[Catenaccio]

Yes, many people doubt that the level of success is actually determined by large capital, but what I try to maintain myself in is to be consistent in investing so that even small amounts of Bitcoin are accumulated in the portfolio.

It's a thinking style of losers as if they can not succeed with small capital, how would they succeed with bigger capital?

It's impossible as managing a small capital is more easily and less stressful than managing a big capital. With same strategy, you would feel more comfortable with a small capital rather than with a big capital. In other word, to succeed with a big capital, you must start and gain success with a small capital for a long time. It gives you precious experience and sharpens your management skills so that you will have higher chance of succeed with bigger capital.

If anyone says, "Give me a big capital, I can succeed with it". It's dangerous calling and smart as well as careful people will never give anyone a big capital with that promise without any evidence of success from previous capital management of either small or big capital.

[Gost ms]

Yes, many people doubt that the level of success is actually determined by large capital, but what I try to maintain myself in is to be consistent in investing so that even small amounts of Bitcoin are accumulated in the portfolio.

It's a thinking style of losers as if they can not succeed with small capital, how would they succeed with bigger capital?

It's impossible as managing a small capital is more easily and less stressful than managing a big capital. With same strategy, you would feel more comfortable with a small capital rather than with a big capital. In other word, to succeed with a big capital, you must start and gain success with a small capital for a long time. It gives you precious experience and sharpens your management skills so that you will have higher chance of succeed with bigger capital.

If anyone says, "Give me a big capital, I can succeed with it". It's dangerous calling and smart as well as careful people will never give anyone a big capital with that promise without any evidence of success from previous capital management of either small or big capital.

Your comment is very confusing. Because investing with large capital will be under a lot of pressure. What you mean is trading. An investor can invest with any amount of money and will continue to buy continuously until they accumulate enough Bitcoin in their portfolio. What you mean is trading is not investing

[JayJuanGee]

Anyone calculating their level of aggressiveness from their discretionary income would already be an attempt to take out the noise, since discretionary income is intended to be the money that is left after accounting for expenses.  You have some better way of calculating and/or considering these ways of figuring out levels of bitcoin investing aggressiveness?

I just take the normal one but it has enough accuracy in this case, namely by looking at the Sentiment (Index) Fear & Greed Index so by combining them a Smart DCA strategy pattern was born.

Your comment makes little to no sense, since there is no need to look at market sentiment or other BTC price dynamics in order to engage in reasonable (or smart) DCA practices.  Your DCA practices do not necessarily get better based on your trying to time the market or to figure out BTC price dynamics, and instead you may well be screwing up your BTC accumulation practices by failing/refusing to consistently, persistently, regularly, ongoingly and perhaps even aggressively buy bitcoin.

Since woez has been registered on the forum since September 2018, we cannot really know the extent to which he had already been accumulating bitcoin, yet sure, there is likely quite a bit of safety to presume that woez does not really get bitcoin, and that he has not been focusing on accumulating it.. which has either put him as a no coiner or pretty low on the lowcoiner scale, relative to where he could have had been by now.

If the forum registration data is always the initial reference, yes, I really appreciate it but it is not entirely real (lowcoiner scale) and can be used as a basis for seeing someone's asset ownership, maybe there are those who set the silent mode, are less active in discussing but actively investing, who knows.

Well if we use your forum registration date, then maybe we could attempt to approximate where you could have had been right now if you had pursued an aggressive bitcoin investment strategy, including DCA buying.

Let's say for example you have had an income of around $30k per year for the past 7 years, and you started investing into bitcoin right around the time of your forum registration date, and let's say that you invested fairly aggressively around $100 per week, which would have had been right around 17% of your income.  So you would have had invested right around $34.5k and you would have had accumulated about 2.31 BTC.  Surely not a bad place to be.

2.31 BTC would have a 200-WMA value of nearly $110k and a spot price value of $253k.  I personally think that quantity of bitcoin would sustainably support an annual income of about $11k per year (which would ONLY be 1/3 of your income, yet it seems to me that another few years of either ongoing accumulating of BTC or just Holding, you would be able to get to a place to match or exceed your current income, and sure I understand that some folks would like to only begin sustainable withdrawal of their investment once they can exceed and perhaps even double their current income, and I find no problem with having those kinds of goals, and bitcoin surely makes those kinds of goals to be possible and/or to be reasonable as long as an accumulator works towards getting to an overaccumulation stage by consistently buying bitcoin and even potentially to be aggressive about it..

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.

Investment within any investors reach is as the same thing investment aggressively and talking about not investing up to 70% for a start i that it is not that possible but those are into Bitcoin  for so long now, and with their steady cashflow defers that is how your their percentages will defer when it comes to investing and buying Bitcoin aggressively, and good investors will surely start his/her investment along side his emergency fund.

Buying aggressively can be very good for a Bitcoin investor, but it can also be very bad for a Bitcoin investor, where the defining factor is, is how it's being done.
You can't be investing up to 70% of your net income into Bitcoin and be expecting not to temper with it later, because if your basic needs is not properly taken care of, it would be just a matter of time before you fall back to your investment for survival, that's why over doing it is a very wrong thing to do.
Furthermore, as a Bitcoin investor, we should try to be stacking up our emergency funds the Same way we are buying weekly or monthly, so that our emergency funds will be big enough to carry what ever storm or financial crisis that may arise in the future.

There is a difference between investing 70% of your discretionary income versus investing 70% of your gross income.  It seems that most guys who are referring to investing 70%, they are talking about their discretionary income not their general income.

[Tungbulu]

Anyone calculating their level of aggressiveness from their discretionary income would already be an attempt to take out the noise, since discretionary income is intended to be the money that is left after accounting for expenses.  You have some better way of calculating and/or considering these ways of figuring out levels of bitcoin investing aggressiveness?

I just take the normal one but it has enough accuracy in this case, namely by looking at the Sentiment (Index) Fear & Greed Index so by combining them a Smart DCA strategy pattern was born.

Your comment makes little to no sense, since there is no need to look at market sentiment or other BTC price dynamics in order to engage in reasonable (or smart) DCA practices.  Your DCA practices do not necessarily get better based on your trying to time the market or to figure out BTC price dynamics, and instead you may well be screwing up your BTC accumulation practices by failing/refusing to consistently, persistently, regularly, ongoingly and perhaps even aggressively buy bitcoin.

This is absolutely correct.
DCA is a effective approach that helps reduce the impact of market price volatility, but this can only be achieved through consistency and regular accumulation, rather than attempting to time the market or try to predict when is and not the perfect time to make your purchase.
When an investor chooses to stick to a disciplined approach, they'll be able to accumulate more bitcoin in the long run, without undergoing any form of stress and at the same time, smoothing out any form of market fluctuations. In order to actually benefit from this approach, one must master the act of consistency, persistence and discipline over market speculation, and this is what makes it a reliable way of building wealth in the long term.

The main reason why the DCA strategy is considered to be super beneficial is often due to its ability to mitigate the risks associated with timing the market. The market could be considered to be notoriously unpredictable, and that is why the outcome is often disastrous whenever investors attempt to time the market. In a much clearer way, the what the DCA strategy does is to completely take away the guesswork out of the picture and then allow the investor to carry on with his accumulation, regardless of whatever conditions the market might take.

Asides riding out the impact of market fluctuations and volatility, the DCA strategy also helps greatly in improving and developing a habit of regular and consistent accumulation, and if you really check well, these are the essential qualities you need in investment when aiming for long term financial success with your investment. Every long term investor has financial goals and committing to a consistent investment schedule might just be the best way to ensure that they're actually making progress towards ensuring that they making progress towards achieving their financial goals, even in the midst of volatility.

[Silikiem]

Anyone calculating their level of aggressiveness from their discretionary income would already be an attempt to take out the noise, since discretionary income is intended to be the money that is left after accounting for expenses.  You have some better way of calculating and/or considering these ways of figuring out levels of bitcoin investing aggressiveness?

I just take the normal one but it has enough accuracy in this case, namely by looking at the Sentiment (Index) Fear & Greed Index so by combining them a Smart DCA strategy pattern was born..

As an investor whose initial strategy is based on the long term goal of accumulating consistently either weekly or monthly (DCA), don’t you also think that if you go by looking at the sentiment fear and greed index, you are more susceptible to harming your DCA method and this will go a long way to affect your investment portfolio because at this point in time you are no longer being consistent with your accumulation because you are looking at the market volatility and gradually deviating from the plan. The DCA method is focused on reducing the emotions of investors in terms of the market volatility by investing a certain amount consistently either weekly or monthly, therefore you don’t need to look at the market chart or price before you accumulate. If this is the case you may end up also totally abandoning your DCA at an intense market period because of fear and greed sentiment. In as much as there are other swift method of investing, but for someone whose initial strategy is focused on the long term with the DCA method of investing, you need to avoid making some rash decisions based on fear and greed because you might end up just ruining your investment portfolio, this is mostly associated with a trading mindset and not a long term strategy.

[woez]

Well if we use your forum registration date, then maybe we could attempt to approximate where you could have had been right now if you had pursued an aggressive bitcoin investment strategy, including DCA buying.

Let's say for example you have had an income of around $30k per year for the past 7 years, and you started investing into bitcoin right around the time of your forum registration date, and let's say that you invested fairly aggressively around $100 per week, which would have had been right around 17% of your income.  So you would have had invested right around $34.5k and you would have had accumulated about 2.31 BTC.  Surely not a bad place to be.

An assumption that is almost close and I really enjoy it until now. Whatever the condition, I also as a member of the forum until now really appreciate any opinions and input especially from our seniors who have been here for a long time and including you too Mr. JayJuanGee. Thank you