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Sim_card
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June 16, 2025, 09:24:36 AM Merited by JayJuanGee (1) |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. You sound more like a trader because a long term investor wouldn't be waiting to buy cheap and think of selling in few days or months. Only traders does that. Of course, you can do whatever you want with your bitcoin to see it as a means to cash out every little profits that you see, but I must tell you that if you are into such practices, you will regret it in the long run because you will only have little bitcoin or nothing for yourself in future when bitcoin price is expensive and long term hodlers are benefiting from the sacrifice they took to build and grow their bitcoin portfolio over a long period of time. Your goal should be keeping your bitcoin accumulation ongoing by regularly accumulating bitcoin every week with DCA consistently and persistently overtime till you have reached your bitcoin target. Profits shouldn't be what we consider first if not it will mislead you into following the wrong path that will affect your the growth of your bitcoin portfolio overtime. Anyone that is after short term profits is short sighted and fail to see that bitcoin growth is increasing gradually overtime. Bitcoin investment currently is for the future because that's when you will appreciate taking the bold step to invest in bitcoin now and hodli because it will upgrade your financial strength in future.
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Tamaperdana
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June 16, 2025, 10:15:25 AM Merited by JayJuanGee (1) |
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Emergency fund is not for investing, and even though guys can do whatever they like, they are going to be just putting themselves into bad situations if they are being reckless with their funds and investing with their emergency funds, especially if they have not figured out and/or establish their upcoming income, so if they have no expectations of future income, then it seems that there emergency funds are supposed to be being used to support themselves until such time as they are able to assure and/or secure future income.
unless one have steady source of income or upcoming income,if not using one emergency funds for investment is just like trading or gambling with one peace of mind.so it would be wise if emergency funds is strictly for emergency and discretionary income for investing in bitcoin. Talking about this bold statement in your write up shows that you also is not getting the point here, your emergency funds is not meant for investing, it's strictly meant to protect your Bitcoin holdings not to be using it to investing wether you have a source of income or not, besides are you going to invest in Bitcoin without having a source of income? No, you must have that in place already, but the point is, your emergency funds is not meant to investment, it's your reserve funds you use to invest or do other things that aid the growth of your Bitcoin. Investing using and emergency, I think it's really funny. Because people who invest in bitcoin using emergency funds, it's the same as people who endanger their lives in the long term. Because in essence emergency funds are used when we are in an emergency such as when sick or when we are unemployed. At times like that emergency funds will be useful. But if for example the emergency funds are used to invest in bitcoin, it's still not a good thing. Because in essence you have the possibility of not being able to hold the bitcoin you have bought long enough. So in essence the investment in bitcoin that you make will not have much of a good impact if you use emergency funds to invest. So don't play around with emergency funds just because you are interested in investing in bitcoin. Because even though bitcoin is a fairly promising investment asset, if you buy it with the wrong capital, of course it won't be good either. So instead of investing in bitcoin using emergency funds, it's better to look for income first so that you can get discretionary income. Because in my opinion that is a better way than using emergency funds to invest. And the point is it's better to be a little patient than to start in the wrong way.
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Tonimez
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June 16, 2025, 12:38:05 PM Merited by JayJuanGee (1) |
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[Edited out]
Investing using and emergency, I think it's really funny. Because people who invest in bitcoin using emergency funds, it's the same as people who endanger their lives in the long term. Because in essence emergency funds are used when we are in an emergency such as when sick or when we are unemployed. At times like that emergency funds will be useful. But if for example the emergency funds are used to invest in bitcoin, it's still not a good thing. Because in essence you have the possibility of not being able to hold the bitcoin you have bought long enough. So in essence the investment in bitcoin that you make will not have much of a good impact if you use emergency funds to invest. So don't play around with emergency funds just because you are interested in investing in bitcoin. Because even though bitcoin is a fairly promising investment asset, if you buy it with the wrong capital, of course it won't be good either. So instead of investing in bitcoin using emergency funds, it's better to look for income first so that you can get discretionary income. Because in my opinion that is a better way than using emergency funds to invest. And the point is it's better to be a little patient than to start in the wrong way. This idea of investing with emergency funds should have been handled by now. Emergency funds is not an investment fund. It doesn't have to be tampered with foe any reason. However you want to run your investments, also plan it's security. Investing with emergency funds leaves your bitcoin vulnerable and places it at the risk of loosing assets to less the value when emergency comes. Maintaining your DCA approach would pay off better than allowing greed ruin your investments.
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Jostern
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June 16, 2025, 12:53:27 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. Honestly speaking I’m not so impressed with your statement are you trying to say I should mostly buy when there is a dip, if I’m quoting you correctly that means someone should not always buy when the market isn’t on a dip, your statement is misleading and saying that is what is required from every trader is totally over exaggerating your statements of making an investment and accumulating, you seems to be sounding like a trader who is mostly interested in making profit and trading your Bitcoin instead of holding. Your statement is totally misleading. Most importantly it is important to buy and hodl not to be interested in buying and selling period and looking for profit to sell is a bad strategy of investing in Bitcoin.
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Futurexxx
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June 16, 2025, 01:19:33 PM |
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So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end.
Dip buying is not a bad thing, what is bad is waiting for a dip before buying, and by waiting you may miss a whole lot of buying opportunities that may present itself which is actually not cool, and it will be even more unwise to be waiting for a dip if you are a low coiner or you are seriously lacking behind in your accumulation journey, so waiting is a no no to me. Then the rest of your statement shows that you are just a trader with the mindset buying and selling for minimal gains which will never take you anywhere or have any significant impact on your finances forever, so my advice to you is that you should buy and hold for a very long time, because that is the only way to make something huge from your Bitcoin investment.
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fredericktaylor
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June 16, 2025, 04:11:48 PM |
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Honestly speaking I’m not so impressed with your statement are you trying to say I should mostly buy when there is a dip, if I’m quoting you correctly that means someone should not always buy when the market isn’t on a dip, your statement is misleading and saying that is what is required from every trader is totally over exaggerating your statements of making an investment and accumulating, you seems to be sounding like a trader who is mostly interested in making profit and trading your Bitcoin instead of holding. Your statement is totally misleading. Most importantly it is important to buy and hodl not to be interested in buying and selling period and looking for profit to sell is a bad strategy of investing in Bitcoin.
What you said is right, but not all Bitcoin users will apply the same strategy. Some will buy deep at the opportunity or some will sell and some will hold Bitcoin for the long term. Buying deep is not just for profit, it is just a strategy at times. The main thing is to invest according to ones own goals and be consistent in ones decisions, so everyone's perspective may be different. Anyway, I would say that the right way to invest in Bitcoin is to invest in Bitcoin through DCA throughout the year the risk is much lower. For example, when the price of Bitcoin is very high I bought Bitcoin through the DCA method and when the price of Bitcoin is low I bought it through the DCA method by adding the high and low we will get a average result at the end of the year I will see that I have accumulated a lot of Bitcoin in my wallet without any additional risk, so patience is the key to success.
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Cossyblack
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June 16, 2025, 04:38:43 PM |
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After a few days of discussion, I understood how to spend the earned money in the right way and what kind of fund should be formed with the remaining money. I have summarized what I understood in this regard below so that it is easy for others to understand -
▪️Proper structure of spending earned money
🔹 Basic needs: In this case, 50 percent of the earned income should be spent. The areas of expenditure are- . Food . Clothing . Housing . Education . Medical care . Transportation . Electricity bills, gas bills, etc.
🔹 Savings and investments: Here, a minimum budget of (30-40)% of the income should be kept. Types of savings and investment funds- . Emergency fund . Pension or retirement fund . Investment in gold or stock market . Investment in cryptocurrency or Bitcoin
🔹 Entertainment and social expenses: In this case, 5% of the income can be spent. . Travel . Eating out at restaurants . Gifts . Expenses at social events, etc.
🔹 Some budget can be kept for personal development, donations and social service and other areas.
Now the question may arise, how can those who earn a small amount of money meet their basic expenses with 50% of their income?
In fact, everything is possible if you spend according to your income.
I am quite satisfied with the 50% spendings on your basic needs, for me your basic needs is the most important things on the lists and as usually should be properly taken care of from your earnings. It's very important that you sort out your basic needs first before considering others in the list because without sorting out your basic need,you won't be able to maintain a healthy lifestyle. You can still be consistent in accumulating Bitcoin even if you're a low income earner. It all depends on how you manage your spendings and if properly utilize and from your discretional income,you should be able to buy a reasonable amount of Bitcoin weekly or monthly Using DCA without experience any financial difficulties. The main goal here is to keep on buying bitcoin until you reached your over accumulation stage and so it's better you continue to utilize your funds properly since you don't earn that much.
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Ricardo11
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June 16, 2025, 04:40:45 PM |
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Honestly speaking I’m not so impressed with your statement are you trying to say I should mostly buy when there is a dip, if I’m quoting you correctly that means someone should not always buy when the market isn’t on a dip, your statement is misleading and saying that is what is required from every trader is totally over exaggerating your statements of making an investment and accumulating, you seems to be sounding like a trader who is mostly interested in making profit and trading your Bitcoin instead of holding. Your statement is totally misleading. Most importantly it is important to buy and hodl not to be interested in buying and selling period and looking for profit to sell is a bad strategy of investing in Bitcoin.
What you said is right, but not all Bitcoin users will apply the same strategy. Some will buy deep at the opportunity or some will sell and some will hold Bitcoin for the long term. Buying deep is not just for profit, it is just a strategy at times. The main thing is to invest according to ones own goals and be consistent in ones decisions, so everyone's perspective may be different. Anyway, I would say that the right way to invest in Bitcoin is to invest in Bitcoin through DCA throughout the year the risk is much lower. For example, when the price of Bitcoin is very high I bought Bitcoin through the DCA method and when the price of Bitcoin is low I bought it through the DCA method by adding the high and low we will get a average result at the end of the year I will see that I have accumulated a lot of Bitcoin in my wallet without any additional risk, so patience is the key to success. DCA is undoubtedly the best investment method, but not everyone has the same mental outlook and financial situation, so not everyone can take all kinds of risks or any long-term decisions. Not everyone has a long-term mindset, they have less patience, they panic at little and always expect short-term gains. But those who are real investors, they must think about buying continuously regardless of the market's rise. But at the end of the day, those who expected short-term gains were disappointed in the end, but real investors can achieve greater success than they expected.
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Spaceman1000$
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June 16, 2025, 05:37:23 PM |
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After a few days of discussion, I understood how to spend the earned money in the right way and what kind of fund should be formed with the remaining money. I have summarized what I understood in this regard below so that it is easy for others to understand -
▪️Proper structure of spending earned money
🔹 Basic needs: In this case, 50 percent of the earned income should be spent. The areas of expenditure are- . Food . Clothing . Housing . Education . Medical care . Transportation . Electricity bills, gas bills, etc.
🔹 Savings and investments: Here, a minimum budget of (30-40)% of the income should be kept. Types of savings and investment funds- . Emergency fund . Pension or retirement fund . Investment in gold or stock market . Investment in cryptocurrency or Bitcoin
🔹 Entertainment and social expenses: In this case, 5% of the income can be spent. . Travel . Eating out at restaurants . Gifts . Expenses at social events, etc.
🔹 Some budget can be kept for personal development, donations and social service and other areas.
Now the question may arise, how can those who earn a small amount of money meet their basic expenses with 50% of their income?
In fact, everything is possible if you spend according to your income.
Your division is a very good one however just like you said that question may arise, that how can those who earn a small amount of money meet their basic expenses with 50% of their income. There are people whose earnings are very small that there expenses on there basic needs which is for there . Food . Clothing . Housing . Education . Medical care . Transportation . Electricity bills, gas bills, etc. takes all there income for some people it will take all there income and still not be enough, so just like you said Bluedrem that everything is possible if you spend according to your income, people should learn to spend according to there earn so they won't get into a financial set back. In life we have different options, if you know your earnings can't afford a house rent of $1k then fine an apartment of $500 or $700 so you can save cost so also in everything you are doing. The thing is that, some of the items you've enlisted will always have additional price futuristically. so if you find yourself in a situation whereby basic items are literally taken up your entire finances, it simply means you should try to probably aim to earn higher than what your currently receiving, because its looking like your take home cannot take you home. so in a situation whereby your entire income is being consumed by your basic needs, you need an additional source of income or an increase in your earnings, so at least you could save something for yourself and have some funds you can keep for investment.
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Joy- maker
Sr. Member
  
Offline
Activity: 350
Merit: 297
Life is a short trip, the music's for the sad man.
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June 16, 2025, 09:52:53 PM |
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So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end.
Dip buying is not a bad thing, what is bad is waiting for a dip before buying, and by waiting you may miss a whole lot of buying opportunities that may present itself which is actually not cool, and it will be even more unwise to be waiting for a dip if you are a low coiner or you are seriously lacking behind in your accumulation journey, so waiting is a no no to me. Then the rest of your statement shows that you are just a trader with the mindset buying and selling for minimal gains which will never take you anywhere or have any significant impact on your finances forever, so my advice to you is that you should buy and hold for a very long time, because that is the only way to make something huge from your Bitcoin investment. just as you said buying the dip is not a bad thing, buying the dip is mostly for investors who have already accumulated a good portion of bitcoin to hold for long term, less say those investors who have already accumulating bitcoin accumulated a good portion of bitcoin can be topping up there bitcoin holding by buying the dips and hold and by DCA. As for newbies who are just getting started with bitcoin, waiting for the dip before you can start your bitcoin accumulation it's very wrong, because it can delay your investment journey and time wait for nobody, so the earlier you start your bitcoin accumulation using the DCA method the better for you.
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Derekfunds
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June 16, 2025, 10:03:46 PM Merited by JayJuanGee (1) |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. I doubt if you are an investor because you are not speaking like one, as an investor you don't really need to focus at the Dip because it will distract you from your investment and secondly investors doesn't buy and sell because of slight uptrend, investors doesn't consider or see little profit as an option because they focus on long term and that is when the main profit will be seen. Your last statement explain your intention towards Bitcoin ( a trader), because only traders target the market to know when they will be profitable if they buy which is not even correct and certain because it is an assumption.
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JayJuanGee
Legendary
Offline
Activity: 4326
Merit: 13865
Self-Custody is a right. Say no to "non-custodial"
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June 16, 2025, 10:58:30 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. You seem to be convoluting the definition of trader and investor, which likely shows that you don't really understand or appreciate what makes an investor different from a trader. No an investor does not necessarily sell his bitcoin merely because his investment into bitcoin has become profitable. Let's say that an investor comes to bitcoin and he is in his late 20s, and so he decides that he is investing into bitcoin for at least 10 years, and then sure he will make various assessments of his investment along the way, and he will also consider where he is at in 10 years, to figure out if he might need to reassess his investment into bitcoin and how it has done.. He also may well want to assess where he is at in life based on where he thought that he might be. Whether his bitcoin are in profit or not (at the end of 10 years) might not necessarily affect what he decides to do. Maybe you (@harapan) need to reconsider how you think about traders versus investors? and consider how well you know the topics, even though within the two categories there could be some overlap and even within each of the categories, there also might be variance from within the category regarding how they approach their trade or their investment, and some folks might have more clear ideas, and others might be like you (@harapan), and they might not even know the difference between investing and/or trading, or whether they have a plan for what they might do upon the passing of certain events, either. After a few days of discussion, I understood how to spend the earned money in the right way and what kind of fund should be formed with the remaining money. I have summarized what I understood in this regard below so that it is easy for others to understand - ▪️Proper structure of spending earned money 🔹 Basic needs: In this case, 50 percent of the earned income should be spent. The areas of expenditure are- . Food . Clothing . Housing . Education . Medical care . Transportation . Electricity bills, gas bills, etc. 🔹 Savings and investments: Here, a minimum budget of (30-40)% of the income should be kept. Types of savings and investment funds- . Emergency fund . Pension or retirement fund . Investment in gold or stock market . Investment in cryptocurrency or Bitcoin 🔹 Entertainment and social expenses: In this case, 5% of the income can be spent. . Travel . Eating out at restaurants . Gifts . Expenses at social events, etc. 🔹 Some budget can be kept for personal development, donations and social service and other areas. Now the question may arise, how can those who earn a small amount of money meet their basic expenses with 50% of their income?
In fact, everything is possible if you spend according to your income.
Did you make up those numbers? or did you get them from somewhere? Do you know that many folks struggle to save/invest 10% of their income, once they have established saving/investing as one of their priorities? Yet at the same time, you expect, as a general principle that 30% to 40% of the income could be aimed at savings/investing? These are not necessarily bad ideas within a kind of possible framework, even though you are largely characterizing discretionary income as 50% of a person's budget, which surely would be a luxury if folks were to be able to figure out how to structure their expenses so that they are 50%-ish of their budget... so in that sense, even though some guys might be able to achieve such, to describe those kinds of circumstances as applicable to everyone seems to be out of touch with the reality of the situations of many (if not most normies). Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. You're wrong, in Bitcoin investment, the big right thing to do is jumping in and buying regardless of the market sentiment as long as you've discretionary income present. You don't just sell because your Bitcoin is profitable, else you can be going for short-term gains. You sell (if at all necessary) at the end of your long-term holding period in order to get the desired profits. This is not correct Sticky Bomb. You think that it is a good idea to spend 10-15 years or more accumulating a bitcoin position, and then you just sell all of it? For what? fiat? or some inferior investment? A big hit is accumulating a decent portfolio and holding for a long-term ( 4 -10 years or longer) so that you can have a chance to maximize your profits potential and not worry if the price goes low or high since by then the compounding interest on Bitcoin price appreciation would've acted on your holdings and possibly, you'll be very profitable depending on how long you were able to hold.
O.k. Sure.. You are correct that if you hold a longer term, then you are likely to be in profits, yet you still seem to presume that guys transition from buying bitcoin and then into just selling it all at the end of the period. That hardly makes sense to me, even though surely I can understand that some guys do engage in such a practice of selling most if not all of their bitcoin at the end of some period of time and/or target accumulation (or target value appreciation), which surely seems short-sighted, which I am surprised that you (@Sticky Bomb) believe selling most or all of your bitcoin at the end of the period is the bitcoin "investors" way of considering and/or treating his bitcoin holdings.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Brainnybtc
Jr. Member
Offline
Activity: 46
Merit: 11
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June 16, 2025, 11:04:38 PM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. I doubt if you are an investor because you are not speaking like one, as an investor you don't really need to focus at the Dip because it will distract you from your investment and secondly investors doesn't buy and sell because of slight uptrend, investors doesn't consider or see little profit as an option because they focus on long term and that is when the main profit will be seen. Your last statement explain your intention towards Bitcoin ( a trader), because only traders target the market to know when they will be profitable if they buy which is not even correct and certain because it is an assumption. all of what he said here have the trademark of a trader, because it's only a trader that will only be thinking of making profit in a very short space of time. Additionally, waiting for dip before buying is not the best way to go about your Bitcoin accumulation because you are going to miss so many buying opportunity which should have been used to accumulation a good fraction of Bitcoin, so waiting for a dip is not the right way to go about your Bitcoin accumulation.
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Sonia_123
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June 17, 2025, 12:29:40 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. You're wrong, in Bitcoin investment, the big right thing to do is jumping in and buying regardless of the market sentiment as long as you've discretionary income present. You don't just sell because your Bitcoin is profitable, else you can be going for short-term gains. You sell (if at all necessary) at the end of your long-term holding period in order to get the desired profits. A big hit is accumulating a decent portfolio and holding for a long-term ( 4 -10 years or longer) so that you can have a chance to maximize your profits potential and not worry if the price goes low or high since by then the compounding interest on Bitcoin price appreciation would've acted on your holdings and possibly, you'll be very profitable depending on how long you were able to hold. As an investment that has reached his accumulation stage with his long term of 2-3 cycles or more, it is adviceable not to sell all your coins but to take your profit and continue your journey or sell part of your capital and have some left which you can continue with because it will be wrong as an old investor to sell all your portfolio and start from the scratch that is from zero level investment that will not be good at all, except you are not interested in Bitcoin anymore.
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SilverCryptoBullet
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June 17, 2025, 04:46:45 AM |
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As an investment that has reached his accumulation stage with his long term of 2-3 cycles or more, it is adviceable not to sell all your coins but to take your profit and continue your journey or sell part of your capital and have some left which you can continue with because it will be wrong as an old investor to sell all your portfolio and start from the scratch that is from zero level investment that will not be good at all, except you are not interested in Bitcoin anymore.
It is likely true with past cycles especially two, three or four cycles ago when Bitcoin price was very cheap, under $20,000 or $1,000 or even below $100. Now, in 2025, in this market cycle, Bitcoin price has been very high and expensive so it will be harder to reach your accumulation target. New market participants in this market can start and maintain their accumulation and have ideas as well as kind of plans for more intensive accumulation in a next bear market that would happen in 2026 and 2027 if Bitcoin history repeats itself in this market cycle.
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Tamaperdana
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June 17, 2025, 06:52:34 AM Merited by JayJuanGee (1) |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. I doubt if you are an investor because you are not speaking like one, as an investor you don't really need to focus at the Dip because it will distract you from your investment and secondly investors doesn't buy and sell because of slight uptrend, investors doesn't consider or see little profit as an option because they focus on long term and that is when the main profit will be seen. Your last statement explain your intention towards Bitcoin ( a trader), because only traders target the market to know when they will be profitable if they buy which is not even correct and certain because it is an assumption. all of what he said here have the trademark of a trader, because it's only a trader that will only be thinking of making profit in a very short space of time. Additionally, waiting for dip before buying is not the best way to go about your Bitcoin accumulation because you are going to miss so many buying opportunity which should have been used to accumulation a good fraction of Bitcoin, so waiting for a dip is not the right way to go about your Bitcoin accumulation. People like this should be given good guidance, because don't let him feel that he is an investor in bitcoin, when in fact he is a trader. Because it is undeniable that there are many people who misunderstand investors and also traders. Because in essence if not thought more deeply maybe many people misunderstand. So in my personal opinion if you really want to be an investor in bitcoin, prepare discretionary funds then start buying bitcoins right away. Then after that continue to do it consistently while you have discretionary funds. Also don't get too hung up on the price of bitcoin, because believe me if you can't control your emotions, looking at the price too often will make your mind unclear. So stay focused on accumulation if you invest in bitcoin, because by focusing on accumulation, the chances of you succeeding with your bitcoin investment will be greater. Then when investing in bitcoin also don't force it too much. So if you don't have discretionary funds, you don't need to accumulate first and it's better to just wait until you have discretionary funds again.
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Ruttoshi
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June 17, 2025, 06:53:55 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. You're wrong, in Bitcoin investment, the big right thing to do is jumping in and buying regardless of the market sentiment as long as you've discretionary income present. You don't just sell because your Bitcoin is profitable, else you can be going for short-term gains. You sell (if at all necessary) at the end of your long-term holding period in order to get the desired profits. A big hit is accumulating a decent portfolio and holding for a long-term ( 4 -10 years or longer) so that you can have a chance to maximize your profits potential and not worry if the price goes low or high since by then the compounding interest on Bitcoin price appreciation would've acted on your holdings and possibly, you'll be very profitable depending on how long you were able to hold. As an investment that has reached his accumulation stage with his long term of 2-3 cycles or more, it is adviceable not to sell all your coins but to take your profit and continue your journey or sell part of your capital and have some left which you can continue with because it will be wrong as an old investor to sell all your portfolio and start from the scratch that is from zero level investment that will not be good at all, except you are not interested in Bitcoin anymore. Taking profits shouldn't be the primary aim but the secondary. Investing for 2-3 circles doesn't mean that it is time to take profit because you need to reach your over accumulation stage before you can start thinking of taking profits. This is why a new investor needs to set a bitcoin target for himself so that he can stay focused on his bitcoin accumulation journey without distraction of taking profits at a certain time. Reaching your bitcoin target depends on your regular weekly purchase with consistency and persistently and based on how aggressive that you go about your bitcoin accumulation within your discretionary income. Since bitcoin price history shows that the price of bitcoin increases overtime and even if I know that the volatility reduces overtime, I believe that one should keep on accumulating more bitcoin irrespective of the amount and number of years that you have been accumulating bitcoin because no amount of bitcoin is enough for you to stop buying when you can continue buying and start taking profits. If you take profits and leave the amount that you used in investing, what will you use fiat for. It means that you will start building again or waiting for bitcoin price to increase again in the next bull run or what. Building wealth for the future through bitcoin accumulation overtime is the best.
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Barikui1
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June 17, 2025, 07:00:56 AM Merited by JayJuanGee (1) |
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You're wrong, in Bitcoin investment, the big right thing to do is jumping in and buying regardless of the market sentiment as long as you've discretionary income present.
You don't just sell because your Bitcoin is profitable, else you can be going for short-term gains. You sell (if at all necessary) at the end of your long-term holding period in order to get the desired profits.
A big hit is accumulating a decent portfolio and holding for a long-term ( 4 -10 years or longer) so that you can have a chance to maximize your profits potential and not worry if the price goes low or high since by then the compounding interest on Bitcoin price appreciation would've acted on your holdings and possibly, you'll be very profitable depending on how long you were able to hold.
As an investment that has reached his accumulation stage with his long term of 2-3 cycles or more, it is adviceable not to sell all your coins but to take your profit and continue your journey or sell part of your capital and have some left which you can continue with because it will be wrong as an old investor to sell all your portfolio and start from the scratch that is from zero level investment that will not be good at all, except you are not interested in Bitcoin anymore. The fact is that being a no coiner all of a sudden after so many years of accumulation doesn't sounds or look good in my own opinion because selling everything off to me feels like you are no longer interested in Bitcoin or making money through it, but if you are truly a big fan of Bitcoin selling everything off after the end of your accumulation and holding journey is not the right thing to do because you automatic becomes a no coiner, and starting afresh will be very discouraging for you to even consider it again because to accumulate a very huge stash of Bitcoin will actually not take a day or a very short period of time to achieve easily, so taking profit gradually is the best approach if you have gotten to such level of accumulation in the future.
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Sonia_123
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June 17, 2025, 07:11:57 AM Merited by JayJuanGee (1) |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
So the big hit is buy and buy most necessarily buying as at when there's a price drop and hodl then after sell when the coin is profitable, that's what is required of every trader or investors. But looking at the period we're in it could be either of them buy time or sell time we just need to know when the market is favourable inorder to profitable in the end. I doubt if you are an investor because you are not speaking like one, as an investor you don't really need to focus at the Dip because it will distract you from your investment and secondly investors doesn't buy and sell because of slight uptrend, investors doesn't consider or see little profit as an option because they focus on long term and that is when the main profit will be seen. Your last statement explain your intention towards Bitcoin ( a trader), because only traders target the market to know when they will be profitable if they buy which is not even correct and certain because it is an assumption. all of what he said here have the trademark of a trader, because it's only a trader that will only be thinking of making profit in a very short space of time. Additionally, waiting for dip before buying is not the best way to go about your Bitcoin accumulation because you are going to miss so many buying opportunity which should have been used to accumulation a good fraction of Bitcoin, so waiting for a dip is not the right way to go about your Bitcoin accumulation. It is adviceable for anyone who is interested in buying not to be waiting for bitcoin to dip before they start buying bitcoin, instead use the DCA strategy once they are able to raise their discretionary income and having a basic knowledge of bitcoin then you can start since DCA allows little by little accumulation of Bitcoin into your portfolio for a long-term Also best time to buy is when you're ready and not when the market feels right. Bitcoin is volatile and most times waiting for the perfect dip to buy does lead to lost opportunities, because the price of the dip can be more higher than that stage which you could have bought it at that time Bitcoin is still at its early stage and there's no better time to accumulate than now. Try and accumulate now for it's best for you without waiting for the dip You will thank yourself in the next 4-5 years
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Xcode7
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June 17, 2025, 07:20:32 AM |
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As an investment that has reached his accumulation stage with his long term of 2-3 cycles or more, it is adviceable not to sell all your coins but to take your profit and continue your journey or sell part of your capital and have some left which you can continue with because it will be wrong as an old investor to sell all your portfolio and start from the scratch that is from zero level investment that will not be good at all, except you are not interested in Bitcoin anymore.
It is likely true with past cycles especially two, three or four cycles ago when Bitcoin price was very cheap, under $20,000 or $1,000 or even below $100. Now, in 2025, in this market cycle, Bitcoin price has been very high and expensive so it will be harder to reach your accumulation target. New market participants in this market can start and maintain their accumulation and have ideas as well as kind of plans for more intensive accumulation in a next bear market that would happen in 2026 and 2027 if Bitcoin history repeats itself in this market cycle. It is not difficult if we believe that the price of Bitcoin in the next cycle will be the same as the previous cycles so that in terms of percentage the same thing will happen to achieve the accumulation target. Regardless of whatever happens in the future, if we have set aside initial capital for the investment we make, there is no fear of anything that happens, for example, in the previous cycle we have reached the target and what needs to be done is to take the initial capital (don't take profit) then we make a new target so that for whatever happens there is no excessive panic. But what I believe is that the future of Bitcoin is the same as the previous cycle and that happened today, so in the future we will also see the same thing.
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