Buy Buy Buy or Sell Sell Sell?

[Sim_card]

I totally agree with you because there is no amount of knowledge a newbie we have that he or she won't be drive or shaked by market fluctuation because they are still fresh to the game.

What do you think makes someone a newbie? It's mostly ignorance or lack of deep knowledge about something, if an individual in Bitcoin investment knows all it takes to invest and hold for a very long time, guy that person is no longer a newbie, because he has all the required knowledge to succeed.
So wether a person is just starting to invest in Bitcoin or not, he will never be shaken by market fluctuation when he knows it all on how Bitcoin operate generally.

You are right. If a person has the right knowledge, the right knowledge of the strategy inside him, then he will never be afraid of the market going up and down. Since he has the ability to analyze the market completely, he can analyze it correctly with his maximum knowledge and invest correctly for a short time or a long time. Although he loses some amount of his money, he has the right knowledge and ideas to recover his money. So I think for a professional investor, no matter what the market is like, he will not be afraid of being in the market, but he can continue to invest with his own knowledge.

Yes if someone have a basic knowledge of Bitcoin investment and adhere to the most convenient strategy which is the DCA and keeping all the necessary things then the chance of running into trouble will be very minimal even though there will be unforseen circumstances . But point of correction dude, investors doesn't analyze the market no matter the amount of knowledge they have and as a matter the knowledge is not for market analyzing rather is a tool that will guide an investor and taking some decisions while investing and people who analyze the market are traders.

As per unforeseen circumstances, they will definitely play out in our bitcoin accumulation journey which is the main reason why you must set up an emergency funds when you have started your bitcoin investment to act as a backup funds so that you don't sell your bitcoin to take care of emergency.

This is what you cannot understand without you getting started immediately you have your discretionary income. Market analysis wouldn't save you from unforeseen circumstances, rather will it help you plan properly on safeguarding your bitcoin investment from selling it when it's not of your own will. Therefore, I see that's irrelevant as a long-term investor building and growing his bitcoin portfolio through DCA for 4-10 years and above.

[Jostern]

I totally agree with you because there is no amount of knowledge a newbie we have that he or she won't be drive or shaked by market fluctuation because they are still fresh to the game.

What do you think makes someone a newbie? It's mostly ignorance or lack of deep knowledge about something, if an individual in Bitcoin investment knows all it takes to invest and hold for a very long time, guy that person is no longer a newbie, because he has all the required knowledge to succeed.
So wether a person is just starting to invest in Bitcoin or not, he will never be shaken by market fluctuation when he knows it all on how Bitcoin operate generally.

You are right. If a person has the right knowledge, the right knowledge of the strategy inside him, then he will never be afraid of the market going up and down. Since he has the ability to analyze the market completely, he can analyze it correctly with his maximum knowledge and invest correctly for a short time or a long time. Although he loses some amount of his money, he has the right knowledge and ideas to recover his money. So I think for a professional investor, no matter what the market is like, he will not be afraid of being in the market, but he can continue to invest with his own knowledge.

Yes if someone have a basic knowledge of Bitcoin investment and adhere to the most convenient strategy which is the DCA and keeping all the necessary things then the chance of running into trouble will be very minimal even though there will be unforseen circumstances. But point of correction dude, investors doesn't analyze the market no matter the amount of knowledge they have and as a matter the knowledge is not for market analyzing rather is a tool that will guide an investor and taking some decisions while investing and people who analyze the market are traders.

People who are knowledgeable about Bitcoin never panic during the short-term volatility of Bitcoin, when a real investor can truly understand the long-term potential of Bitcoin, then he will definitely be able to adapt to any situation, and will refrain from making wrong decisions, which will keep his holdings safe in the long term. Long-term investors never worry about the market, just focus on buying, buy and accumulate, grow the portfolio, then your success will also be great.

You don’t need to have all the knowledge about Bitcoin, because At some point you’ll understand that you don’t have knowledge of Bitcoin but instead you should know the basic and then continue to invest and keep accumulating your Bitcoin portfolio, Long term investment should be everyone’s priority for someone who wants to invest in bitcoin and stay consistent in accumulation. For someone who appreciates the long term investments should never be worried about the market situation at a given time period. Instead being more active and consistent in accumulation should be the priorities.

[Emjay24]

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.

Using this your formula, you would only be leaving your profits after the bull run to remain in your portfolio and taking out your capital every fucking cycle? This shows you don't fully understand the attitude of a real investor and you're trying out some smart ass practices on your portfolio. You'll end up with very little quantity of Bitcoin in the end since you're not really accumulating it, but gambling with it.

As a dedicated Bitcoin investor, you don't tamper with your portfolio until the expiration of your holding period, else you risk ending up with fewer coins because you must've sold much BTC too soon and you'll surely regret your actions when the price of Bitcoin has gone really high and you're not having enough coins to get good profits.

The goal is to continue accumulating Bitcoin to have a good quantity of it before the expiration of your holding period, and since you're going for a long term, by then the compounding effect of Bitcoin price increase would have be felt in your holdings and your investment would be very profitable.

[sotelorene]

Some people ( traders) are really funny because we all know that Bitcoin is a volatile asset and yet some of them still call themselves expert and good analyst when all they do is predict the market even when they know that it's not certain. Moreover, people who wait for Bitcoin price to dip before they start investing are very unserious people and somehow I see them as traders because most of them after buying at the Dip if it happens they will quickly sell off when there is a price appreciation. Sometimes when someone is waiting for the Dip to come they may spend some of the money they have saved for the Dip while some will squander all if the Dip stays long so it is always pointless waiting for the Dip but it always advisable that while waiting for... Keep on accumulating and holding.

This is just the point buddy, don't just wait for the dip before buying, keep on buying and if in the process of buying the dip comes, see it as an opportunity to accumulate more Bitcoin at a cheaper rate, not by waiting for it which might made the said fellow to miss a whole lot of buying opportunities during those period of waiting.
Furthermore, this current price of Bitcoin might be a dip buying in few years time from now so the best thing is to buy now that it's still very cheap comparing to how much it might get up to in the future.

Such people will only miss out on good opportunities, Bitcoin will only give an investor the most effective results when he can consistently hold Bitcoin for the long term. If an investor wants to hold Bitcoin effectively, he must use DCA and must maintain strict consistency, consistency is the most effective way to succeed in Bitcoin. Another thing is, to worry unnecessarily about the price of Bitcoin, where history proves that Bitcoin is successful in the long term, I don't understand, also even have proves, but why people are unable to believe in Bitcoin for the long term. Such people will miss out on future profitable opportunities, and in the end only get disappointment, and the only reason for this is their ignorance of the reality of Bitcoin.

Of course, past performance cannot determine or guarantee future results. However, evidence supports that long-term investment in Bitcoin is very low risk and the chances of losing your money are very low. The Bitcoin market is very volatile and can go up and down at any time.  Suppose you have invested and you have set your investment time frame for 9 years, your investment is almost at the end of the problem period but if the market sees a major decline then your investment will be lost. Bitcoin is very volatile and anything can happen at any time. But compared to short-term investment, the risk is much lower in long-term investment. The chances of losing your money in short-term investment are much higher. You should never invest in short-term. Keep your investment horizon long, such as 3 to 4 circles.

What you do you mean by this bold sentence above, if you are still talking about loss as an investor who wants to hold for a long period of time then you are wrong or maybe you are referring to Bitcoin trading and not investment because there is no way you will be investing bitcoin for a long term to that you will have a loss unless Bitcoin will crash or someone temper your wallet or you sell at loss as traders always do so don't get twisted and nothing will make Bitcoin to crash. Yes Bitcoin has risk and that is why you should invest with an amount that won't bother you in anyway even if something comes up and  it is not an investment we are expecting the return in a short time.

[Fara Chan]

You don’t need to have all the knowledge about Bitcoin, because At some point you’ll understand that you don’t have knowledge of Bitcoin but instead you should know the basic and then continue to invest and keep accumulating your Bitcoin portfolio, Long term investment should be everyone’s priority for someone who wants to invest in bitcoin and stay consistent in accumulation. For someone who appreciates the long term investments should never be worried about the market situation at a given time period. Instead being more active and consistent in accumulation should be the priorities.

Every investor must have a reason and basis for their belief in an asset before they invest in that asset and in this case it is Bitcoin, so there's nothing wrong with knowing about Bitcoin from the beginning and even everything related to Bitcoin always needs to be known in depth by everyone who wants to become an investor by having Bitcoin. Because investment knowledge is also a much more important thing before we can believe in something even though it is very good like in the example of Bitcoin, so every knowledge that is closely related to Bitcoin must be known immediately from the beginning before we ourselves take steps to be more consistent in the long term when we have invested in Bitcoin.

[Bluedrem]

I totally agree with you because there is no amount of knowledge a newbie we have that he or she won't be drive or shaked by market fluctuation because they are still fresh to the game.

What do you think makes someone a newbie? It's mostly ignorance or lack of deep knowledge about something, if an individual in Bitcoin investment knows all it takes to invest and hold for a very long time, guy that person is no longer a newbie, because he has all the required knowledge to succeed.
So wether a person is just starting to invest in Bitcoin or not, he will never be shaken by market fluctuation when he knows it all on how Bitcoin operate generally.

You are right. If a person has the right knowledge, the right knowledge of the strategy inside him, then he will never be afraid of the market going up and down. Since he has the ability to analyze the market completely, he can analyze it correctly with his maximum knowledge and invest correctly for a short time or a long time . Although he loses some amount of his money, he has the right knowledge and ideas to recover his money. So I think for a professional investor, no matter what the market is like, he will not be afraid of being in the market, but he can continue to invest with his own knowledge.

Trying to understand the price movement of bitcoin and analyzing the market is not important for a long term investor because he is only to be buying bitcoin continuously with DCA for 4-10 years and above without selling.

It's impossible to understand the price movement of bitcoin and only traders stress themselves on doing this because they feel that they can outsmart the market but it always turns out that the market will outsmart them in the long run and they will incur losses. This is why a new investor shouldn't bother about investing in a short-term because it will lead you to losses since bitcoin investment is a long-term asset and not a get rich quick scheme.

Your major focus is to keep your bitcoin accumulation journey ongoing regularly, consistently and persistently overtime and if possible aggressively to enable reach your bitcoin target faster with DCA method. Work on your increasing your income so that you can have a good size of discretionary income and increase your DCA amount.

Yes, you are right. If someone had invested in Bitcoin using the DCA method after meeting their necessary expenses, then no matter at what price they bought Bitcoin, the average price of their Bitcoin would have been much lower than the current Bitcoin price.
If we do a calculation from 2020 to 2024, we will see-

The average price of Bitcoin in 2020 was-
About $11500
Then if he invested $100 in Bitcoin every month, he could buy things that year = (100×12)÷11500 = 0.10435 BTC (approx.)

The average price of Bitcoin in 2021 was-
About $47000
Then if he invested $100 in Bitcoin every month, he could buy things that year=(100×12)÷47000= 0.02553 BTC (approx.)

The average price of Bitcoin in 2022 was-
About $28000
Then if he invested $100 in Bitcoin every month, he could buy things that year= (100×12)÷28000=0.04286 BTC (approx.)

The average price of Bitcoin in 2023 was-
About $29000
Then if he invested $100 in Bitcoin every month, he could buy the subject that year= (100×12)÷29000  =0.04138 BTC (approx.)

The average price of Bitcoin in 2024 was-
About $52100
Then if he invested $100 in Bitcoin every month, he could buy the subject that year= (100×12)÷52100  = 0.02303 BTC (approx.)

The total Bitcoin he could buy in these five years= (0.10435+0.02553+0.04286+0.04138+0.02303) = 0.23715 BTC

Total cost to buy 0.23715 Bitcoin = $6000

Current price of 0.23715 Bitcoin = $24900

That is, if he were to liquidate his Bitcoin holdings at the present time, he would still have made a profit of (24900÷6000) = 4.15 times his invested amount

Therefore, it is better to always invest in Bitcoin using the DCA method rather than waiting for the price of Bitcoin to decrease.

[Emjay24]

Of course, past performance cannot determine or guarantee future results. However, evidence supports that long-term investment in Bitcoin is very low risk and the chances of losing your money are very low. The Bitcoin market is very volatile and can go up and down at any time.  Suppose you have invested and you have set your investment time frame for 9 years, your investment is almost at the end of the problem period but if the market sees a major decline then your investment will be lost. Bitcoin is very volatile and anything can happen at any time. But compared to short-term investment, the risk is much lower in long-term investment. The chances of losing your money in short-term investment are much higher. You should never invest in short-term. Keep your investment horizon long, such as 3 to 4 circles.

What you do you mean by this bold sentence above, if you are still talking about loss as an investor who wants to hold for a long period of time then you are wrong or maybe you are referring to Bitcoin trading and not investment because there is no way you will be investing bitcoin for a long term to that you will have a loss unless Bitcoin will crash or someone temper your wallet or you sell at loss as traders always do so don't get twisted and nothing will make Bitcoin to crash. Yes Bitcoin has risk and that is why you should invest with an amount that won't bother you in anyway even if something comes up and  it is not an investment we are expecting the return in a short time.

Although we all know very well that bitcoin has a strong foundation and shows strong promise of continuous good performance, It is important you know that your investment into bitcoin has no guarantee, same reason you are advised to invest into it what you can afford to loose so that at worst, you would only loose 100% of what you invested into it.

Bitcoin on the other hand is one of the best form of investments with very minimal risk, but we cannot deny that the risk exists. We all come into bitcoin with the belief that it continues performing well, just like the price history shows. Bitcoin is a good investment and a fair bet at securing our financial future and we all should take it more seriously, but for a guarantee, there is none.

[Proty]

You are right. If a person has the right knowledge, the right knowledge of the strategy inside him, then he will never be afraid of the market going up and down. Since he has the ability to analyze the market completely, he can analyze it correctly with his maximum knowledge and invest correctly for a short time or a long time. Although he loses some amount of his money, he has the right knowledge and ideas to recover his money. So I think for a professional investor, no matter what the market is like, he will not be afraid of being in the market, but he can continue to invest with his own knowledge.

I feel it is wrong to think that someone has the prowess to be able speculate the market correctly, infact nobody has the ability to analyse the market movement correctly. Also I believe it is mostly traders and those that are looking for or waiting for a desire dips that will always go through the process of analysing the market before they start accumulating.Those that are investing in bitcoin for longer term purposes don't have this mindset of always wanting to analyse market as to know whether it is to enter or not. All one needs to know is to sort out there discretionary income, once they are able to do this the next thing is to start accumulating instead of waiting and analysing the market at the same time missing market opportunities.

[Richbased]

Of course, past performance cannot determine or guarantee future results. However, evidence supports that long-term investment in Bitcoin is very low risk and the chances of losing your money are very low. The Bitcoin market is very volatile and can go up and down at any time.  Suppose you have invested and you have set your investment time frame for 9 years, your investment is almost at the end of the problem period but if the market sees a major decline then your investment will be lost. Bitcoin is very volatile and anything can happen at any time. But compared to short-term investment, the risk is much lower in long-term investment. The chances of losing your money in short-term investment are much higher. You should never invest in short-term. Keep your investment horizon long, such as 3 to 4 circles.

What you do you mean by this bold sentence above, if you are still talking about loss as an investor who wants to hold for a long period of time then you are wrong or maybe you are referring to Bitcoin trading and not investment because there is no way you will be investing bitcoin for a long term to that you will have a loss unless Bitcoin will crash or someone temper your wallet or you sell at loss as traders always do so don't get twisted and nothing will make Bitcoin to crash. Yes Bitcoin has risk and that is why you should invest with an amount that won't bother you in anyway even if something comes up and  it is not an investment we are expecting the return in a short time.

Although we all know very well that bitcoin has a strong foundation and shows strong promise of continuous good performance, It is important you know that your investment into bitcoin has no guarantee, same reason you are advised to invest into it what you can afford to loose so that at worst, you would only loose 100% of what you invested into it.

Bitcoin on the other hand is one of the best form of investments with very minimal risk, but we cannot deny that the risk exists. We all come into bitcoin with the belief that it continues performing well, just like the price history shows. Bitcoin is a good investment and a fair bet at securing our financial future and we all should take it more seriously, but for a guarantee, there is none.

Every investment has its own risks, same as bitcoin, it is not risk free that is why a discretionary income is what we use to invest so that if anything unplanned happens, we won't begin to regret. Bitcoin for sure has gone past when we used to feel scared of investing because we are afraid of a sudden crash but through the performance of bitcoin over the years has given us a morale to invest with optimism that it continues to perform well in the coming years. However, since we are already cautious of unforeseen circumstances that may surround bitcoin in the future, it's still good to have a positive  mindset and apply every necessary strategy that will keep our investment growing.

[POPOLUV]

You are right. If a person has the right knowledge, the right knowledge of the strategy inside him, then he will never be afraid of the market going up and down. Since he has the ability to analyze the market completely, he can analyze it correctly with his maximum knowledge and invest correctly for a short time or a long time. Although he loses some amount of his money, he has the right knowledge and ideas to recover his money. So I think for a professional investor, no matter what the market is like, he will not be afraid of being in the market, but he can continue to invest with his own knowledge.

I feel it is wrong to think that someone has the prowess to be able speculate the market correctly, infact nobody has the ability to analyse the market movement correctly. Also I believe it is mostly traders and those that are looking for or waiting for a desire dips that will always go through the process of analysing the market before they start accumulating.Those that are investing in bitcoin for longer term purposes don't have this mindset of always wanting to analyse market as to know whether it is to enter or not. All one needs to know is to sort out there discretionary income, once they are able to do this the next thing is to start accumulating instead of waiting and analysing the market at the same time missing market opportunities.

Sure i agreed with on these that no one has the ability or power to be able to predict the market correctly, at such it is always advisable for any investors that have discretionary income to investment should start now because waiting to analyze market before investing fully, and which can make such investor to practice trading his Bitcoin instead of going for long term investment.

[Tomcasper]

You don’t need to have all the knowledge about Bitcoin, because At some point you’ll understand that you don’t have knowledge of Bitcoin but instead you should know the basic and then continue to invest and keep accumulating your Bitcoin portfolio, Long term investment should be everyone’s priority for someone who wants to invest in bitcoin and stay consistent in accumulation. For someone who appreciates the long term investments should never be worried about the market situation at a given time period. Instead being more active and consistent in accumulation should be the priorities.

Every investor must have a reason and basis for their belief in an asset before they invest in that asset and in this case it is Bitcoin, so there's nothing wrong with knowing about Bitcoin from the beginning and even everything related to Bitcoin always needs to be known in depth by everyone who wants to become an investor by having Bitcoin. Because investment knowledge is also a much more important thing before we can believe in something even though it is very good like in the example of Bitcoin, so every knowledge that is closely related to Bitcoin must be known immediately from the beginning before we ourselves take steps to be more consistent in the long term when we have invested in Bitcoin.

It's easy to convince yourself or others to invest in Bitcoin.
The year on year growth chart of Bitcoin tells the whole story at a glance, it provides a comprehensive understanding that can serve as a strong foundation and foster courage. Anyone who wants to invest in Bitcoin will benefit, especially in the long term

[Merit.s]

You don’t need to have all the knowledge about Bitcoin, because At some point you’ll understand that you don’t have knowledge of Bitcoin but instead you should know the basic and then continue to invest and keep accumulating your Bitcoin portfolio, Long term investment should be everyone’s priority for someone who wants to invest in bitcoin and stay consistent in accumulation. For someone who appreciates the long term investments should never be worried about the market situation at a given time period. Instead being more active and consistent in accumulation should be the priorities.

Every investor must have a reason and basis for their belief in an asset before they invest in that asset and in this case it is Bitcoin, so there's nothing wrong with knowing about Bitcoin from the beginning and even everything related to Bitcoin always needs to be known in depth by everyone who wants to become an investor by having Bitcoin. Because investment knowledge is also a much more important thing before we can believe in something even though it is very good like in the example of Bitcoin, so every knowledge that is closely related to Bitcoin must be known immediately from the beginning before we ourselves take steps to be more consistent in the long term when we have invested in Bitcoin.

You don't need to have deep knowledge in bitcoin before you can start your bitcoin investment. All you need is the basic knowledge of bitcoin and your discretionary income and you are good to go. Bitcoin knowledge is very broad and waiting to have a deep knowledge will only keep you waiting and missing the opportunity in the market. Since you are still a no coiner, waiting is a wrong option and you need to avoid any action that will make you not start accumulating bitcoin instantly provided that your discretionary income is available.

Bitcoin investment is practical and not theory because you need to be buying and have the disciple, patience, consistency in keeping your bitcoin investment ongoing. How will you learn how to control your emotions when there is a dip, how will you tweak to other accumulation method when you are busy learning theory alone. The best way to go about your bitcoin investment as a new investor is to get started with your discretionary and learn whatever you want to know as you are investing. Bitcoin is a long-term investment and you have all the time to learn as you are building and growing your portfolio with DCA overtime. Delay is dangerous, if you have all the knowledge of bitcoin without investing, it's useless.

[Furious 7]

It's easy to convince yourself or others to invest in Bitcoin.
The year on year growth chart of Bitcoin tells the whole story at a glance, it provides a comprehensive understanding that can serve as a strong foundation and foster courage. Anyone who wants to invest in Bitcoin will benefit, especially in the long term

Not all are like that because in the end when we are still laymen about bitcoin regardless of whether the progress is good or not in the end our beliefs are sometimes even false because we only see the price as a benchmark and we often find that now for some beginners or those who fomo who make conditions as if they are sure of what they are doing with bitcoin but do not want the risk and do not expect the worst possibilities that they can feel which results in panic that actually seems unfounded.

To believe in something sometimes we have to feel it first and it is clearly not easy for those who do not want to try because being in bitcoin sometimes only has to start from yourself not help or encouragement from others because sometimes the urge to create belief will actually be considered as a condition where the belief that will grow is only based on the words of others not from yourself.

Convincing others about the long term is not an easy thing because even though we may know that we can believe it for ourselves, but for other people, especially those who are beginners who sometimes always refer to market values ​​and fluctuations, it is clearly not easy to convince them to be in a long-term investment even though it is for bitcoin which we know is very worth doing for the long term.

[ejikeme24]

Although we all know very well that bitcoin has a strong foundation and shows strong promise of continuous good performance, It is important you know that your investment into bitcoin has no guarantee, same reason you are advised to invest into it what you can afford to loose so that at worst, you would only loose 100% of what you invested into it.

Since you already know that bitcoin has a strong foundation and shows Strong promise then why are you still finding it risky to invest with a higher amount? Even if you can't take such risk there are a lot of guys out there who are risking big in this accumulating journey, if you're talking about investing with what you can afford, then why is it that most guys always struggle to get to the status of overaccumulation? Seems you're mistaken bitcoin investment to gamble or trading that one is advised to stake what he can afford to lose, but you should know that bitcoin is not even related to this. I don't mean to argue with you on the fact that bitcoin investment is not guarantee, but the word (investing with what you can afford) is not considered necessary here. I think this advice can only benefit those whose intention is for short term profit, since they're going with the wrong approach.

 However, With the DCA method a guy can decide to go with any amount which he know that he can be able to put into bitcoin either weekly or monthly until he get to a point where he feel like the amount of bitcoin which he accumulated is enough.

[Tonimez]

Although we all know very well that bitcoin has a strong foundation and shows strong promise of continuous good performance, It is important you know that your investment into bitcoin has no guarantee, same reason you are advised to invest into it what you can afford to loose so that at worst, you would only loose 100% of what you invested into it.

Since you already know that bitcoin has a strong foundation and shows Strong promise then why are you still finding it risky to invest with a higher amount? Even if you can't take such risk there are a lot of guys out there who are risking big in this accumulating journey, if you're talking about investing with what you can afford, then why is it that most guys always struggle to get to the status of overaccumulation? Seems you're mistaken bitcoin investment to gamble or trading that one is advised to stake what he can afford to lose, but you should know that bitcoin is not even related to this. I don't mean to argue with you on the fact that bitcoin investment is not guarantee, but the word (investing with what you can afford) is not considered necessary here. I think this advice can only benefit those whose intention is for short term profit, since they're going with the wrong approach.

 However, With the DCA method a guy can decide to go with any amount which he know that he can be able to put into bitcoin either weekly or monthly until he get to a point where he feel like the amount of bitcoin which he accumulated is enough.

Until now, some people still don't understand the concept of bitcoin investment and bitcoin trading. This is the reason why it is harder to introduce a newbie into bitcoin by a Trader. Who would want to loose his resources no matter how little? I think that it's high time we stopped gambling with bitcoin and focus more on the investment side. Long-term accumulation has a minimal risk even after every bitcoin Volatility. Bitcoin has proven to be better in almost every cycle which is why it's encouraged to hold for at least 2 cycles or on the other hand, 4 - 10 years.

It is important you know that your investment into bitcoin has no guarantee, same reason you are advised to invest into it what you can afford to loose so that at worst, you would only loose 100% of what you invested into it.

Yea, there's no written document as to guarantee anyone of a given return in bitcoin but investors can see and feel it at all time. If bitcoin was a scam project or as risky as some traders make it appear, it could have lost all its credibility by now. For over 16 years now, real investors have studied bitcoin and mapped out a less greedy -high guaranteed system of investment (DCA approach using only discretionary income) but traders have refused to listen to that. This is the origin of this wrong orientation about investing what you can afford to loose.

[SuperBitMan]

Although we all know very well that bitcoin has a strong foundation and shows strong promise of continuous good performance, It is important you know that your investment into bitcoin has no guarantee, same reason you are advised to invest into it what you can afford to loose so that at worst, you would only loose 100% of what you invested into it.

Since you already know that bitcoin has a strong foundation and shows Strong promise then why are you still finding it risky to invest with a higher amount? Even if you can't take such risk there are a lot of guys out there who are risking big in this accumulating journey, if you're talking about investing with what you can afford, then why is it that most guys always struggle to get to the status of overaccumulation? Seems you're mistaken bitcoin investment to gamble or trading that one is advised to stake what he can afford to lose, but you should know that bitcoin is not even related to this. I don't mean to argue with you on the fact that bitcoin investment is not guarantee, but the word (investing with what you can afford) is not considered necessary here. I think this advice can only benefit those whose intention is for short term profit, since they're going with the wrong approach.

 However, With the DCA method a guy can decide to go with any amount which he know that he can be able to put into bitcoin either weekly or monthly until he get to a point where he feel like the amount of bitcoin which he accumulated is enough.

The advice to invest what you can afford to lose is still very important when you are going into Bitcoin investment, if you must know investing what you can afford to lose is simply talking about using only your Discretionary income to invest in Bitcoin, one can afford to lose his or her discretionary income and it won't affect him or her that much but using money you want to use to pay bills to invest in Bitcoin, surly you can't afford to lose that.

I see this your write up very disturbing because it may mislead a lot of newbies, because you are indirectly saying one should not use only money he or she can afford to lose to invest in Bitcoin and those that use it are still scared of Bitcoin, now let me clear you on something if someone is investing on Bitcoin using the DCA strategy to accumulate Bitcoin weekly or monthly he or she is suppose to only use money he or she can afford to lose from his or her salary which is also his discretionary income to accumulate weekly or monthly, if you decide to use more than the money you can afford to lose meaning above your Discretionary income you will get yourself into a financial problem that will lead you to dip hands into your Bitcoin investment, so please I will advise everyone to always use money he or she can afford to lose to invest in Bitcoin.

[Gost ms]

I totally agree with you because there is no amount of knowledge a newbie we have that he or she won't be drive or shaked by market fluctuation because they are still fresh to the game.

What do you think makes someone a newbie? It's mostly ignorance or lack of deep knowledge about something, if an individual in Bitcoin investment knows all it takes to invest and hold for a very long time, guy that person is no longer a newbie, because he has all the required knowledge to succeed.
So wether a person is just starting to invest in Bitcoin or not, he will never be shaken by market fluctuation when he knows it all on how Bitcoin operate generally.

You are right. If a person has the right knowledge, the right knowledge of the strategy inside him, then he will never be afraid of the market going up and down. Since he has the ability to analyze the market completely, he can analyze it correctly with his maximum knowledge and invest correctly for a short time or a long time. Although he loses some amount of his money, he has the right knowledge and ideas to recover his money. So I think for a professional investor, no matter what the market is like, he will not be afraid of being in the market, but he can continue to invest with his own knowledge.

I think no one has complete knowledge about Bitcoin. Even if you have proper knowledge about Bitcoin, you will be scared. Because you do not have faith in Bitcoin. In the first case, you can start investing with a small amount of money. When you have faith in it, then you can increase your investment amount if you want.

What you are saying sounds completely like a business. Because there is no need to analyze the market while investing. If you are investing in the short term, then you have to analyze the market. In the case of long term investment, you have to continue buying continuously by relying on your discretionary income. You should continue buying continuously until the goal of building your portfolio is met.

[Barikui1]

You are right. If a person has the right knowledge, the right knowledge of the strategy inside him, then he will never be afraid of the market going up and down. Since he has the ability to analyze the market completely, he can analyze it correctly with his maximum knowledge and invest correctly for a short time or a long time. Although he loses some amount of his money, he has the right knowledge and ideas to recover his money. So I think for a professional investor, no matter what the market is like, he will not be afraid of being in the market, but he can continue to invest with his own knowledge.

 If you are investing in the short term, then you have to analyze the market. In the case of long term investment, you have to continue buying continuously by relying on your discretionary income. You should continue buying continuously until the goal of building your portfolio is met.

Take note that you don't needs to analyze the market as a Bitcoin investor, just buy once your discretionary income is available because the price of Bitcoin now is still very cheap comparing to how much it might be in ten to twenty years time from now, so why analyzing?
 
And secondly, their is nothing as a short term investor, it's either you are a long term investor or a trader that buys with the intention of selling for minimal gains in a very short time interval, so in my own opinion, those people that buy and sold their Bitcoin just because it appreciate in value are not investors, they are traders that sold for minimal gains.

Finally, when it comes to investment in Bitcoin, the best way to go about it is to think only long term because the way Bitcoin is wired, you can only reap the full dividend of your investment when you buy and hold for a very long period of time, not minimal gains that wouldn't have any significant impact on your financial status.

[bitzizzix]

It's easy to convince yourself or others to invest in Bitcoin.
The year on year growth chart of Bitcoin tells the whole story at a glance, it provides a comprehensive understanding that can serve as a strong foundation and foster courage. Anyone who wants to invest in Bitcoin will benefit, especially in the long term

Not all are like that because in the end when we are still laymen about bitcoin regardless of whether the progress is good or not in the end our beliefs are sometimes even false because we only see the price as a benchmark and we often find that now for some beginners or those who fomo who make conditions as if they are sure of what they are doing with bitcoin but do not want the risk and do not expect the worst possibilities that they can feel which results in panic that actually seems unfounded.

To believe in something sometimes we have to feel it first and it is clearly not easy for those who do not want to try because being in bitcoin sometimes only has to start from yourself not help or encouragement from others because sometimes the urge to create belief will actually be considered as a condition where the belief that will grow is only based on the words of others not from yourself.

Convincing others about the long term is not an easy thing because even though we may know that we can believe it for ourselves, but for other people, especially those who are beginners who sometimes always refer to market values ​​and fluctuations, it is clearly not easy to convince them to be in a long-term investment even though it is for bitcoin which we know is very worth doing for the long term.

Of course, that belief must come from yourself, not from others. To invest in Bitcoin, you must have a strong belief to run it so that what is planned is in accordance with expectations and you can also continue to buy using discretionary income without paying attention to market conditions or anything that can affect the price of Bitcoin and you will only continue to do it for long-term goals because that belief is already embedded in you will not be affected by anything and you only focus on one point, keep buying and keep holding it for the long term to generate big profits in the future. So it's good for laypeople or beginners to really get to know and study Bitcoin well, especially its footprint, so that your belief in Bitcoin that will provide good profits in the future grows by itself because it can lead to the right path to treat Bitcoin whatever happens to Bitcoin because you believe and know that whatever happens the price will go back up and continue to rise because you believe in it.

[melinoe]

Take note that you don't needs to analyze the market as a Bitcoin investor, just buy once your discretionary income is available because the price of Bitcoin now is still very cheap comparing to how much it might be in ten to twenty years time from now, so why analyzing?
 
And secondly, their is nothing as a short term investor, it's either you are a long term investor or a trader that buys with the intention of selling for minimal gains in a very short time interval, so in my own opinion, those people that buy and sold their Bitcoin just because it appreciate in value are not investors, they are traders that sold for minimal gains.

Finally, when it comes to investment in Bitcoin, the best way to go about it is to think only long term because the way Bitcoin is wired, you can only reap the full dividend of your investment when you buy and hold for a very long period of time, not minimal gains that wouldn't have any significant impact on your financial status.

Different people see it differently, but yeah, generally, BTC is seen as the true store of value to be hodled for a long time, 4-5 years at minimal, to see good results, accumulating little by little.

Other coins cannot be used for the same logic simply because they are not as stable.