Buy Buy Buy or Sell Sell Sell?

[ejikeme24]

I disagree with you bubby, because faith is faith, understanding is understanding you can't refer to faith as bitcoin understanding in matters like this so stop complicating things here.

You should know that Faith have contemporary interpretations and understanding within various fields , he may be talking about the other side of Faith, which is having a complete trust and confident over something, so I think he's actually talking about this other side of Faith. And without having a complete trust/ confident you can't be able to buy bitcoin consistently as you said, is the trust and confident you have towards bitcoin investment that would prevent us from not paying attention to the market condition, that is to show that faith has important role to Play in bitcoin investment.

[jems]

As for the aspect of faith, it's very funny to think that faith plays a role on how successful you are going to be, because even the bible says that faith without works is dead, so if you don't do whats need to be done, their is no way you will be successful in your investment wether you believe or not.

I disagree with you because faith have a role to play in becoming successful in this life, even in bitcoin investment. Less take a look back to when bitcoin was first created, do you think that those people who bought bitcoin when bitcoin has not shown to be a store of value with potential returns just bought bitcoin and hold without having faith that bitcoin will become valuable in the future? Let me explain something to you, Though I may not be accurate in explain what am about to explain now because am not into technical stuffs, but I believe someone like JJG will emphasize more on what am about to explain now and provide us with something more clear. Now to what I want to explain Those who bought bitcoin when bitcoin was first created, when bitcoin has not shown to be a store of value with potential returns, no they bought bitcoin with faith after they carried out some technical analysis and research on bitcoin believing that bitcoin will become something valuable one day in the future. So what are my trying to say in what ever thing you do on this earth faith counts even in bitcoin investment, now less take present for example, we don't know what bitcoin will become in the future, yet we keep accumulating bitcoin continuously using DCA method, and buying the dips. bro that is faith, we all are accumulating bitcoin with the faith that we will become profitable in the future if we can be able to protect our bitcoin holding and if we on keep buying bitcoin and hold for long term.

I agree with what you said, belief is inseparable from what we will get in the future but not only that, besides belief we also have to make an analysis of something, not only relying on belief in something that will make us successful.

In short, to see the current Bitcoin prospect is actually easier, we don't need to make an analysis that is far into the future, we only need to look at the history that has happened in the past and I'm sure no one will doubt Bitcoin in the future so that if it is embedded then there is no doubt for us to continue using the DCA method to accumulate Bitcoin to achieve great profits in the future.
I think we here have the same belief for that, so there are some of our friends who still doubt it, then it is only a small part of them who do not understand or have not received more knowledge and I am sure in this forum they will be more open-minded to have the same belief as us, namely accumulating more Bitcoin for the future to take great profits.

[Justbillywitt]

There is no best time to invest, the best time for you is when you start.

There is actually a best time for one to start their bitcoin investment, that best time was yesterday. This is Just to let you know that there is actually a best time for investors to start their bitcoin investment journey.

You only have to invest with money that you will not need in the next 2 years.

Why the choice of 2  years? What happens after the 2 years has passed and you have need the money? for me Investors should invest only the money they know they are not going to need as long as their accumulation and holding period is going to last. If you intend holding your bitcoin for one circle which is 4 years, invest money you won't need for that number of years, and so on. 2 years is not up to one full circle of bitcoin. I don't know the reason behind your choice of 2 years, but doing it this way will give investors more flexibility.

[Kelward]

...I may not completely deny the existence of faith in bitcoin to some people of your own ideology but what I know that generally sustains higher percentage of bitcoin investors is BITCOIN UNDERSTANDING.

...Bitcoin understanding is more important for every investor and allows you understand the bitcoin cycles and why you have to hold through cycles possibly 2 cycles at least and/or through 4-10 years. At this point you expect new ATH.

Faith is to Bitcoin Traders as Understanding is to Bitcoin Investors.

I think that faith, understanding and hope can all go together when it comes to Bitcoin investment, cause faith is a strong belief for a person or something, understanding means getting to comprehend something better, while hope is an expectation for something to occur, asides understanding, it's hope that makes us to belief and keep investing in Bitcoin since we don't know what the future holds and we're expecting that Bitcoin would keep improving and yield us profit on the long run. Anyways we can't leave out faith and why I said all terms can be used is cause we as Bitcoin enthusiasts have a belief in Bitcoin that's why we're investing in it which means we have faith in it. Anyways, most people's ideology about faith is mostly relating to something spiritual but faith as a term refers to anything one trust or beliefs in, or is it bad as Bitcoin believers to say we have faith in Bitcoin? I don't think so. Well I think ever Bitcoin lover should posses all features which is Faith (a strong belief for Bitcoin) Understanding (having a good idea of what Bitcoin is all about, Hope (the expectation that Bitcoin would keep improving in future).

Whether it's faith, hope, believe and understanding about Bitcoin investment, whatever motivates you to keep accumulating and holding is most welcome. We don't know for certain what Bitcoin price will be in the next 10 years but we believe that it has the potentials to keep hitting new ATH. It's past circles gives us the assurance plus it's increasing adoption because of it's profitability.

Faith in my own understanding is very deep, a strong believe in something that we don't have a proof that it can happen or manifest. Personally I don't think that we need much faith to believe in the potentials of Bitcoin profitability in the future because it has proven itself so far. As long as Bitcoin still has a limited supply and it's adoption is still increasing, demand will always be greater than supply which means that we can continue to see more ATH in the future. There shouldn't be anything stoping us from continuing to grow our bags because Bitcoin is decentralized and profitable, nobody or group can manipulate it's price beyond a very short term. Think long term and you'd be very profitable.

[avp2306]

There is no best time to invest, the best time for you is when you start.

There is actually a best time for one to start their bitcoin investment, that best time was yesterday. This is Just to let you know that there is actually a best time for investors to start their bitcoin investment journey.

You will not engage in any further arguments since for sure that people will have different opinion on this. That's why I believe that the best time to invest is not yesterday nor tomorrow but now. Since we don't know what's going to happen in future so better start immediately while you can afford to do it.

Continuous waiting for good entries will not result to anything since waiting for dips will just install fear on their minds especially if the market is declining. We already see the marketing is dumping last couple of days and those people who get panic then wait for their possibly entry then get scared doesn't get any good result at the moment.

So to erase those fear and they can focus on other thing like further accumulation they better start now and start to buy again whatever the price shows in the market. You are holding and not trading so price won't matter on this type of investment.

[HOPE25]

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?

In view of your question, I would say that if you invest with a long-term view, can be patient, then you can buy Bitcoin in the DCA method step by step. If you can handle the risk and you believe that Bitcoin will be a currency or asset in the future and Bitcoin has returned to $ 100k even in the current economic situation of the world economy, inflation, US dollar weakness. In that case, if you buy Bitcoin in small parts of the week, even if the price fluctuates, you will get the average price. But for beginners and the future generation, it is a safe strategy in the way that investors with sustainability awareness have preferred Bitcoin instead of Gold.

[HOPE25]

. For example, if the price of Bitcoin increases in the market, then all cryptocurrencies in the market increase in price.

This is very misleading mate. This very statement is wrong about bitcoin market with the altcoins. Just because bitcoin rises doesn't mean other shitcoins would follow in same direction and start rising. If it were so then a lot of shitcoins patronizers would have made some tones of fortunes.

A lot of times this is what some persons assumes (which is a  very retarding way of thinking) therefore opting to gamble their money in shitcoins/memecoins in the hopes that when bitcoin price rises their shitcoins would also do X times and put them in huge profit than when they have to invest such funds into bitcoin investment which they know to be a very sure future value adding asset.

You are right, the fact that other cryptocurrency depend on Bitcoin doesn't mean they are to be invested on ( trusted), Bitcoin drives them no doubt but they don't have same potential as Bitcoin and they can never have same potential because Bitcoin has proven itself. Bitcoin can rise and drop down to some certain value or price but most of these cryptocurrency rise and drop down to nothing, anyone who don't know or understand this will always make mistake to go and invest in shitcoins.

Investment is what takes time to manifest a good profit, and that's the exact characteristics we can find with bitcoin as digital asset. People that puts their money in shitcoins are actually not investing but dabbling with their money for quick returns that are some kind of a mirage, because most often these shitcoins dumps and never pick up again.

A friend was chatting me this morning about a particular coin she bought with #30k and afterwards the coin dumps leaving her with #400 and everything since it has not made a leap up. That's how shitcoins operates. Whether bitcoin rises or not they stay static and dump instead of pumping back after dumping.

For bitcoin as you invest using DCA, it affords you time to prepare towards your next buying time, no pressure, just consistency and making sure to buy whether price dips or high because that's how to stay consistent as along term bitcoin investor who wishes to stockpile much bitcoin in his portfolio for the next few years. Better than gambling on shitcoins out of greed for quick profits.

Your words are very realistic for new entrepreneurs. The way you have highlighted the difference between investing in Bitcoin and cold coins for us newbies seems easy and attractive, but often gets damaged to a large extent due to long-term losses. Your friend's story is a real example, for newbies it is a lesson that only the price will encourage growth but no one will rescue you when it falls. In this case, if you can maintain its continuity with a very good strategy, are mentally prepared to face risks, then do not panic about the price falling or rising and stay steadfast in long-term investment. The most important thing is that Bitcoin has been used as an established digital currency that is working as an alternative means of storing value. So I would say that you should be patient in investing and be rewarded.

[Nheer]

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?

Are you referring to Bitcoin or Altcoins?
Cryptocurrency investments is volatile which makes them naturally risky. Many people invest without fully understanding the market or doing proper research. I think to reduce the risk, long-term investment strategies is the best. My statements are for Bitcoin investment not Altcoins as well because investing in less promising coins for the long term may not have the same results. Bitcoin has proven it's worth over the years as it keeps increasing in value. My advice is that you focus on accumulating Bitcoin for the long term holding rather than Altcoins.

[BlackBoss_]

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.

It is price drop, not value drop and your shared case is more fitted with altcoins, not with Bitcoin. Bitcoin value has increased considerably over years while altcoins don't have values at launches and they only have prices that decline over time like your story.

Are you referring to Bitcoin or Altcoins?

Altcoins for sure.

Cryptocurrency investments is volatile which makes them naturally risky. Many people invest without fully understanding the market or doing proper research. I think to reduce the risk, long-term investment strategies is the best. My statements are for Bitcoin investment not Altcoins as well because investing in less promising coins for the long term may not have the same results. Bitcoin has proven it's worth over the years as it keeps increasing in value. My advice is that you focus on accumulating Bitcoin for the long term holding rather than Altcoins.

You only can say it is an invesment if the chosen cryptocurrency is Bitcoin while if chose cryptocurrencies are altcoins, it's no longer investment, but speculation or worse as gambling.

Altcoins don't have solid initiatives to develop their blockchains, projects and usecases, so they mostly don't have value or unconsiderable value. Consequently, with time and bear market tests, altcoins die with time and they lose not only limited values but also prices.

[GIF-JOBS]

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?

Are you referring to Bitcoin or Altcoins?
Cryptocurrency investments is volatile which makes them naturally risky. Many people invest without fully understanding the market or doing proper research. I think to reduce the risk, long-term investment strategies is the best. My statements are for Bitcoin investment not Altcoins as well because investing in less promising coins for the long term may not have the same results. Bitcoin has proven it's worth over the years as it keeps increasing in value. My advice is that you focus on accumulating Bitcoin for the long term holding rather than Altcoins.

Bitcoin is the best choice for long-term investment, the best and most profitable investment of the last decade is Bitcoin investment, and this continuity will continue in the future, investing in alt coins is like gambling, because they do not guarantee anything, whereas in the case of Bitcoin, although there is no guarantee, but the long-term potential is very high. There are many who pay attention to alt coins, they think of getting rich quickly through alt coin investment, but they do not consider the high risk of them, due to which they most of the time face disappointment. Undoubtedly, in any case, if someone has decided to invest in the long term, then he should definitely consider investing in Bitcoin, because in the long term, Bitcoin is the only currency that gives the best results compared to all others, which can be understood very well by researching Bitcoin from its inception to the present.

[Tungbulu]

...There are many investors who decide to sell their investments even after getting a small profit from their invested money. In my opinion, they are not investors. They are traders. The first thing an investor does is to be patient. And to hold the investment for at least 2 cycles from the cycle in which he is investing. If someone sells the investment after getting a small profit from it, then he has nothing to do but regret it later. The longer you hold your investment, the more profitable you will be.

It's no new thing that traders enter the market just to take profit in a short period after they've made little gains but ignorance can make new investors make such mistake too, many investors have made such mistake before they realize that they were doing the wrong thing and desist from it, one thing about Bitcoin is that if you come into the market with a trader mentality whether you're ignorant or not it would always prove to you that's it's meant for a long-term purpose and make you regret on the long run cause when you take profits due to over excitement, panic or whatever the price would definitely increase beyond the point you sold and you'll regret why you didn't hodl it for longer, it's a mistake that lots of people have made in the past before the learnt from it  and became long-term holders.

Believe it or not, a lot of people are still making these mistakes today, there will always be newbies, people with no experience in bitcoin investment but who want to go into it and sometimes their problems come from the people who advise them, they get feed false enticing news which leads them to make poor investments (trading) choices ultimately leading to regret and loss on the part, financially.
If newbie investors can have access to credible information on how the bitcoin market works then they can invest the right way with the mindset that they are venturing into a long term investment that can run for decades on end and they need to stay away from failed bitcoin traders who want to drag other down with them, because let's face it, most of the people busy giving out these false advices didn't make anything out of their bitcoin trading, yet you see them advising others to still trade, you can keep doing thr same thing and expecting a different outcome.

Each of us is still responsible to figure out the good from the bad information, and sure many of us are vulnerable in terms of hearing what we want to hear and not necessarily engaging in sufficient/adequate due diligence.. including figuring out how to manage our cashflows, which is likely amongst the most important of things to figure out in the beginning of investing into bitcoin.. and we don't even need to have our cashflow management figured out at the beginning, since we should be able to figure out the details as we go, including our getting started investing in bitcoin, even with a mere $10 per week. .and then perhaps figuring out the extent that we might be able to increase that down the road to $100 per week and/or more dedication towards allocating more of our time, energy and/or our monetary value into investing into bitcoin and assuring that our cashflow management systems are sufficiently shored up (including our building and maintaining various kinds of back up funds).

You've said it all. Everyone has their own priorities and what's actually important to them, and since it's never the same, it's left for each of us to just skip through all the noise and just figure out what's really important to us. Yes, it's left for everyone to hear and accept whatever they want and discard whatever they want, but it's always of utmost importance that we should, at all time, do our due diligence first, rather than just accepting whatever they through at you, because not everything is at it seems.

Effectively managing one's cashflow can actually be quite a big deal, especially when it involves bitcoin investment, this is because, cash flow management isn't something that one can actually master from the beginning. No, it's something you gotta work on, in order to develop and maybe perfect someday, it's always a gradual process. Starting your accumulation with a small amount, like $10 and then gradually increasin the amount overtime can actually be a pretty great strategy.

 It's a process and you gotta take it one step at a time. Consistency and discipline is also the key, because when you're consistent in your accumulation and also work towards improving your strategy, you'll have a pretty much higher chances of reaching your goals.

[Promocodeudo]

In view of your question, I would say that if you invest with a long-term view, can be patient, then you can buy Bitcoin in the DCA method step by step. If you can handle the risk and you believe that Bitcoin will be a currency or asset in the future and Bitcoin has returned to $ 100k even in the current economic situation of the world economy, inflation, US dollar weakness. In that case, if you buy Bitcoin in small parts of the week, even if the price fluctuates, you will get the average price. But for beginners and the future generation, it is a safe strategy in the way that investors with sustainability awareness have preferred Bitcoin instead of Gold.

@HOPE25, I noticed you are a newbie and I don't like criticizing newbies because I was also a newbie sometime ago before getting to the rank I am today and I believe we are still learning so instead of going further to criticize you I will rather correct you on some mistakes I noticed that you make here, please not that it isn't good to post in a row, after you post this particular post am quoting, you would've have allow one or two persons to post before you drop another post although I know that you may not be aware of this or conversant with this but you've have to take correction so that everything will look organized here another thing is that, it will be better you specify the person you're quoting may be edit other post to make it easier for any reader or someone that would have love to quote you to go ahead, I mean no disrespect but just a peaceful correction, welccome buddy, I hope to see you at the top soon, I will want to quote the person you were giving answers to his questions directly.

[Stable090]

There is actually a best time for one to start their bitcoin investment, that best time was yesterday. This is Just to let you know that there is actually a best time for investors to start their bitcoin investment journey.

I don’t really know the reason why you said the best time to invest in bitcoin was yesterday, or is it because bitcoin price dropped, and that’s the reason why you think yesterday was the best time to invest in bitcoin? I will say whenever you have money, then you can invest, and whenever you are investing is the best time. If you are a bitcoin investor, then just make sure you make use of DCA strategy before investing.

Maybe you saying when bitcoin price dumps is the best time to invest in bitcoin, but if you are waiting for bitcoin price to dump before you going to be investing in bitcoin, then you might not really be investing, so always having it mind that whenever you invest is just the best time to invest.

[Gost ms]

 

There is actually a best time for one to start their bitcoin investment, that best time was yesterday. This is Just to let you know that there is actually a best time for investors to start their bitcoin investment journey.

Every time is the best time for an investor to invest. There is no such thing as a best time to start a Bitcoin investment journey. Because if you think there is a best time to invest, then you do not have the right idea about investing. Investing is a long-term horizon, such as 8 to 10 years. If you find the best time to invest, you may fall behind your portfolio goals. If a person waits for the best time, he will fall behind his portfolio goals and he may miss out on many purchases that he may regret later.

I believe that every time is the best time for an investor to buy. Because investing is a long-term horizon of 8 to 10 years or more. An investor should continue to buy consistently until his portfolio reaches his goals. In between, I believe that the more times an investor buys, the better the time is for him.

[ChocolateBitcoinK]

There is actually a best time for one to start their bitcoin investment, that best time was yesterday. This is Just to let you know that there is actually a best time for investors to start their bitcoin investment journey.

I don’t really know the reason why you said the best time to invest in bitcoin was yesterday, or is it because bitcoin price dropped, and that’s the reason why you think yesterday was the best time to invest in bitcoin? I will say whenever you have money, then you can invest, and whenever you are investing is the best time. If you are a bitcoin investor, then just make sure you make use of DCA strategy before investing.

Maybe you saying when bitcoin price dumps is the best time to invest in bitcoin, but if you are waiting for bitcoin price to dump before you going to be investing in bitcoin, then you might not really be investing, so always having it mind that whenever you invest is just the best time to invest.

He meant that for those who have not yet started investing in Bitcoin, yesterday was a better opportunity, because yesterday the price of Bitcoin was a bit of a dump due to volatility, it is certainly true that any time is the right time to invest, but the lower the price you can buy Bitcoin, the greater your success rate will be, and this is why it is said to Buy the DIP, and HODL, but no matter what, DCA is the best investment strategy and we all believe that the best success can be achieved through continuous investment. but those who have not yet believed in Bitcoin, they should at least research the history of Bitcoin well, Bitcoin will only bring the best results to long-term investors, regardless of volatility and price, keep depositing Bitcoin continuously through DCA and hold for the long term, this is the most correct strategy and as a result an investor will achieve the most chances of achieving success.

[Proty]

]
I think that faith, understanding and hope can all go together when it comes to Bitcoin investment, cause faith is a strong belief for a person or something, understanding means getting to comprehend something better, while hope is an expectation for something to occur, asides understanding, it's hope that makes us to belief and keep investing in Bitcoin since we don't know what the future holds and we're expecting that Bitcoin would keep improving and yield us profit on the long run. Anyways we can't leave out faith and why I said all terms can be used is cause we as Bitcoin enthusiasts have a belief in Bitcoin that's why we're investing in it which means we have faith in it. Anyways, most people's ideology about faith is mostly relating to something spiritual but faith as a term refers to anything one trust or beliefs in, or is it bad as Bitcoin believers to say we have faith in Bitcoin? I don't think so. Well I think ever Bitcoin lover should posses all features which is Faith (a strong belief for Bitcoin) Understanding (having a good idea of what Bitcoin is all about, Hope (the expectation that Bitcoin would keep improving in future).

Faith alone can never guarantee success in bitcoin investment because there are so many investors despite their faith in bitcoin along the line they were unable to hold onto there investment.They yielded to market pressure by selling before the anticipated time. There are investors who  despite the fact that they don't really have much faith in bitcoin were still able to hold without compromising there long term goals.so I think having faith alone won't make an investor to be able to hold his bitcoin for a longer time. A good plan back up by strong conviction that what I really think can make an investor to stand firm without panicking despite market correction and make right decision to always stand by his long term goals.

[Zackz5000]

There is actually a best time for one to start their bitcoin investment, that best time was yesterday. This is Just to let you know that there is actually a best time for investors to start their bitcoin investment journey.

I don’t really know the reason why you said the best time to invest in bitcoin was yesterday, or is it because bitcoin price dropped, and that’s the reason why you think yesterday was the best time to invest in bitcoin? I will say whenever you have money, then you can invest, and whenever you are investing is the best time. If you are a bitcoin investor, then just make sure you make use of DCA strategy before investing.

Maybe you saying when bitcoin price dumps is the best time to invest in bitcoin, but if you are waiting for bitcoin price to dump before you going to be investing in bitcoin, then you might not really be investing, so always having it mind that whenever you invest is just the best time to invest.

You misunderstood Justbillywitt when he said the best to buy bitcoin was yesterday he never meant you should wait for bitcoin price to drop before accumulating Bitcoin as you responded, yes the best to accumulate Bitcoin was yesterday and the second best time is now that is if you miss out yesterday now is another opportunity to accumulate Bitcoin if you have your discretionary income set get started to avoid more procastination of buying tomorrow or next.

[Jewan420]

Faith alone can never guarantee success in bitcoin investment because there are so many investors despite their faith in bitcoin along the line they were unable to hold onto there investment.They yielded to market pressure by selling before the anticipated time. There are investors who  despite the fact that they don't really have much faith in bitcoin were still able to hold without compromising there long term goals.so I think having faith alone won't make an investor to be able to hold his bitcoin for a longer time. A good plan back up by strong conviction that what I really think can make an investor to stand firm without panicking despite market correction and make right decision to always stand by his long term goals.

To be successful in long-term Bitcoin investment outside of money and to maintain the investment, you need proper planning, ability to take the right steps, patience, courage, faith in Bitcoin, knowledge and the ability to give up. If any of these qualities are missing from you, then your chances of success in the long run may be very low. Faith alone can never sustain you for long in a volatile market, because faith is not the only key weapon in long-term work. All the mentioned qualities must be present in you. You may already be able to realize the necessity of the mentioned ones. Even when you imagine any of these qualities absent, you may understand the importance of each quality and how helpless one is without the other.

[Tonimez]

Faith alone can never guarantee success in bitcoin investment because there are so many investors despite their faith in bitcoin along the line they were unable to hold onto there investment.They yielded to market pressure by selling before the anticipated time. There are investors who  despite the fact that they don't really have much faith in bitcoin were still able to hold without compromising there long term goals.so I think having faith alone won't make an investor to be able to hold his bitcoin for a longer time. A good plan back up by strong conviction that what I really think can make an investor to stand firm without panicking despite market correction and make right decision to always stand by his long term goals.

To be successful in long-term Bitcoin investment outside of money and to maintain the investment, you need proper planning, ability to take the right steps, patience, courage, faith in Bitcoin, knowledge and the ability to give up. If any of these qualities are missing from you, then your chances of success in the long run may be very low. Faith alone can never sustain you for long in a volatile market, because faith is not the only key weapon in long-term work. All the mentioned qualities must be present in you. You may already be able to realize the necessity of the mentioned ones. Even when you imagine any of these qualities absent, you may understand the importance of each quality and how helpless one is without the other.

In all, it should be obvious by now that bitcoin is not a spiritual investment where faith is the currency. Bitcoin investment is a practically concrete venture in an abstract manner. So being able to invest in bitcoin and be successful with it by holding for long term is subject to your level of Understanding which gives you the Conviction to put your resources in it.

Investors should go for the knowledge and understanding of bitcoin investment when keeping their faith high at all time. Choose a given investment strategy and abide by it ensuring you also create emergency funds alongside your bitcoin accumulation.

[IceLincoln]

What you call Faith is better referred to as Bitcoin understanding. Faith is more spiritual while Understanding is practical. If a person understands bitcoin, he can be able to invest all round the circle. He trusts that bitcoin could bounce back after a correction period. He does not panic when market dips. This is because of an investors understanding. On the other hand, men that have faith do more of prayers than practice, they pray when price deals (Which also implies panic). They can easily sell off their bitcoin in panic if after a period of prayer, asking that bitcoin returns to normalcy and it doesn't happen.

Most life achievements are not by faith but understanding and practice. An investor starts doing well in bitcoin the moment he understands bitcoin features and their implications. Faith is more stressful and less practical than understanding.  Sometimes when market correction takes too long, faith may not be able to preserve your bitcoin stash but a clear understanding of those principles can sustain your bitcoin for over long periods of market correction without panicking or running into unnecessary loss.

I disagree with you bubby, because faith is faith, understanding is understanding you can't refer to faith as bitcoin understanding in matters like this so stop complicating things here.  Even if faith is more of spiritual,  Let me also remind you something incase you have forgotten, there's an ideology here that says stay consistent in buying bitcoin and hold for long term 5 to 10 years or longer and you will be in massive profits, that's if you can be able to accumulate a good portion of bitcoin, protect it and hold it for long term. the things I just said above is what you can refer to understanding in bitcoin, because the people who brought that Ideology has gained knowledge and insights through experience less say people like JJG, Michael saylor and others who have gained knowledge and insights through experience. Now less come down to faith as we all know not all of us who are investing in bitcoin have gained knowledge and insights through experience, some investors here just started their bitcoin investment last year, some this year while some few years ago, now explain to me what is making bitcoin investors who are just getting started for the first time who had not gained knowledge and insights through experience, to stay committed to their bitcoin investment and Keep accumulating bitcoin consistently and hold? Bro that's Is faith playing it own role in bitcoin investment.

I don't understand why we're talking about faith in regards to Bitcoin investment. Let's not misunderstand or complicate the concept of faith, whether religious or otherwise. Faith has little to nothing to do with Bitcoin; it neither influences the market nor the investor. A newbie investor invests because they've seen evidence, results, and the history of Bitcoin's price charts, not because they have faith in Bitcoin.

The faith you're talking about seems to be about believing Bitcoin will do well, even when we haven't seen the future. However, that belief isn't really faith because we've seen Bitcoin's history and proofs of its value. We invest because we trust the process, the evidence, and we believe it'll keep going and doing better.

If you look at JJG's reply to your first post about faith and how he started, you'll see that he took his precious time to do proper research. From his findings, he was convinced to invest. He didn't just decide to invest and have faith that he'd make it.

Investing in bitcoin is not faith but evidence based decision making