Buy Buy Buy or Sell Sell Sell?

[Gallar]

If you are considering buying Bitcoin today, then you should start today. Waiting a day is like wasting time for you and the amount of funds you have available may not be there tomorrow, so instead of thinking about alternatives, you should act on the immediate decision to accumulate Bitcoin. New investors analyze the market emotionally and are tempted to invest for higher profits. Bitcoin will not make you profit immediately but regular accumulation through discretionary income can increase your financial stability as your holdings grow. What I mentally think about when holding Bitcoin is the stages of wealth growth that will put me in a great position in the future. Financially sound long-term Bitcoin accumulation along with discretionary income. I would recommend that you only think about profiting from Bitcoin when you have a decent holding and can put it into multiple cycles of accumulation (6-10 years).

Yes, when you already have discretionary income, it would be better to start investing in bitcoin as soon as possible, so don't wait too long. But in my opinion, waiting one day is not a problem, although it is better to do it as soon as possible. Because basically why should we wait if we already have discretionary income. Maybe if we don't have discretionary funds, then we should wait until we have discretionary income. But if we already have it, I also feel that buying bitcoin directly is the right step. But everyone is different and has different self-confidence. So for people who are not too confident about investing in bitcoin, they will definitely feel a little hesitant to start investing.

But that's where the challenge lies, because not a few people may not invest in bitcoin because they think too much and wait. Although it is true that thinking is good, but if we only speculate and conclude something that we have never experienced, of course it is likely to give rise to negative thoughts. So the point is when we are going to start investing in bitcoin, don't think too much, the most important thing is that we have discretionary funds, and also know where to buy bitcoin. And about the profit, don't think too much about it when we first invest in bitcoin. Because if we talk about the results or profits, that's a later matter.

[Futurexxx]

When you reached your over accumulation stage, there's nothing bad to take profits once in a while when it's needed but you should do it in a way that it wouldn't take you out from your over accumulation stage. You can use the sustainable withdrawal method which enables you to take little profits that would not affect the size of your portfolio, rather your portfolio will continue to increase overtime due to the compounding value.

Where it's wrong to sell, is if you plan to sell your entire portfolio or you start selling too many bitcoin within a short period of time. You will regret it because you will find yourself back in the accumulation stage and start accumulating again because you sold to many bitcoin too soon. You must regret your actions because bitcoin will be very expensive by then and will be more difficult to accumulate a good quantity compared to when you built your first portfolio. It's hard to build but very easy to destroy. With the sustainable withdrawal methods, you will enjoy your bitcoin investment and still pass part of it to your heir as inheritance.

Well by looking at your post here, I don't really have anything to say further because you have practically said it all, taking profit from your holdings when you have gotten to that over accumulation stage is the perfect way to go about your sustainable withdrawal method, as long as your profit withdrawal did not take you out of your over accumulation status, then you are good just as you have said already.
Furthermore, being a no coiner after you have gotten to that level of over accumulation status is a terrible situation to be in, that's why we mostly kicks against selling off all your holdings at a spot.

[Jostern]

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?

Bitcoin is a long-term investment platform. Most of our market behavior is often controlled by emotions, not logic. We sell when we are scared and become restless when the market price fluctuates. When we sell Bitcoin after the price has fallen, its price has risen again. This will really depend on our timing, our success. Long-term investment attitude will make our investment in Bitcoin profitable. Should we buy or sell Bitcoin now? I would say, do not get confused by the fluctuations in the price of Bitcoin and decide on your strategy and long-term investment attitude. If you invest without caution or without knowing the long-term attitude and strategy, you will definitely face losses. No matter what the price fluctuates, you will benefit only if you can implement it in a long-term plan by investing in small amounts. Thank you!

If you are considering buying Bitcoin today, then you should start today. Waiting a day is like wasting time for you and the amount of funds you have available may not be there tomorrow, so instead of thinking about alternatives, you should act on the immediate decision to accumulate Bitcoin. New investors analyze the market emotionally and are tempted to invest for higher profits. Bitcoin will not make you profit immediately but regular accumulation through discretionary income can increase your financial stability as your holdings grow. What I mentally think about when holding Bitcoin is the stages of wealth growth that will put me in a great position in the future. Financially sound long-term Bitcoin accumulation along with discretionary income. I would recommend that you only think about profiting from Bitcoin when you have a decent holding and can put it into multiple cycles of accumulation (6-10 years).

Yes just like you’ve said there is no time to waste time in bitcoin investment, if you want to start investing in bitcoin now is the time to start investing in bitcoin because there is no point in waiting and to be looking at market curves and price spikes and fluctuation, one thing someone that is trying to start investing should know is just that the price of bitcoin can never be stable because bitcoin is a volatile assets and it’s quite unpredictable, so whichever way that you’ve a discretionary income now is the best now time to invest in bitcoin and mind you there is no time that is bad to invest in bitcoins, I feel it’s just necessary to know the strategies that will help you in continuous accumulation and to hodl for a long term. And for someone who is starting bitcoin is actually not ideal to be profit oriented instead to be more efficient in accumulation.

[Bluedrem]

I think those who have held bitcoin for a long time like a decade or more, Sold when we first hit the psychological milestone of $100k, though not entirely all and there are still those holding on to their stash. The answer to Dorkylick question is based on personal investment goals of individuals cos what might be sell time for Mr A might be a Buy time for Mr B depending on their goals and time of investment. I don’t think there’s any investor that will sell all of their stash It’ll normally be part.
Generally I think now is buy time considering bitcoin jus hit $100K few months ago and we’ve experienced atleast two pullbacks. Bitcoin is just gathering momentum to move up higher so I’ll consider now a buy, plus bitcoin is yet to hit it’s peak so buying now is potentially still early.

What you said is that people who have held Bitcoin for a decade or more have sold at least some of their holdings after the price of Bitcoin crossed $100,000.
Yes, that may be true, but I think most people are still holding onto their Bitcoins and are constantly increasing them -

I have mentioned some Bitcoin addresses that have held onto their Bitcoins for more than 10 years and are still holding onto some Bitcoins.

For example -

1. 12ib7dApVFvg82TXKycWBNpN8kFyiAN1dr

2. 12tkqA9xSoowkzoERHMWNKsTey55YEBqkv

3. 1PeizMg76Cf96nUQrYg8xuoZWLQozU5zGW


There are many more addresses that are constantly storing Bitcoin. I don't know if these are mining wallets, but the wallets are still active.
Actually, I don't think real investors who have full confidence in Bitcoin will sell all their Bitcoins right now.
Yes, they can sell if they need the money very much and have no other money except Bitcoin.
Also, I don't think those who are holding Bitcoin will sell Bitcoin unnecessarily and invest in something else.
Because currently the most profitable and most reliable thing is to invest in Bitcoin.

[Muba20]

What's your take on this? Given the period we're in is it buy time or sell time?

For someone like me, I can't say this is sell time cause it's still very early, I'll have to accumulate and hoard as much as I can for like 10 years before I could consider selling and that's what every investor that just started hodling for about few years or a year ago should consider, we still have lots to achieve so it's definitely not sell time even though the market seems friendly currently and trending upwards.

 Well for someone that's held for a decade, two decades, etc this period can be their sale time, don't get me wrong the can sale some stash to diversify to other options I mean investment options but would still continue buying at any given opportunity with the DCA.

I think those who have held bitcoin for a long time like a decade or more, Sold when we first hit the psychological milestone of $100k, though not entirely all and there are still those holding on to their stash. The answer to Dorkylick question is based on personal investment goals of individuals cos what might be sell time for Mr A might be a Buy time for Mr B depending on their goals and time of investment. I don’t think there’s any investor that will sell all of their stash It’ll normally be part.
Generally I think now is buy time considering bitcoin jus hit $100K few months ago and we’ve experienced atleast two pullbacks. Bitcoin is just gathering momentum to move up higher so I’ll consider now a buy, plus bitcoin is yet to hit it’s peak so buying now is potentially still early.

That provably the situation happen especially if they made already a good ROI when Bitcoin reach at $100k.

I provably do that to especially if I made already huge profit from my holdings since somehow its good  secure your profit and harvest your efforts for so many years on investing in Bitcoin. But also make sure that you have left something so that even if you already take out your profit there are still Bitcoin left which you can possibly use in future especially if you want to hold that Bitcoin for another more long years.

It is better for those who have invested in Bitcoin with a long-term plan to wait until that time reach to the expected level. If you reach the specified level in the meantime, you can withdraw as much as you need according to your needs. It should be remembered that according to the potential of Bitcoin, it is still in the dip. If you do not need much money, then you can keep your investment in view of that possibility. Since the number of investors is increasing, the demand will increase, which will also change the price of Bitcoin. Try to keep it without withdrawing the entire amount from Bitcoin, you will definitely get positive results. If you can trust Bitcoin, then you can hold it here again for a period of time. There is no evidence that those who have long-term holders of Bitcoin have suffered any losses.

[Catenaccio]

Yes, when you already have discretionary income, it would be better to start investing in bitcoin as soon as possible, so don't wait too long. But in my opinion, waiting one day is not a problem, although it is better to do it as soon as possible. Because basically why should we wait if we already have discretionary income. Maybe if we don't have discretionary funds, then we should wait until we have discretionary income. But if we already have it, I also feel that buying bitcoin directly is the right step. But everyone is different and has different self-confidence. So for people who are not too confident about investing in bitcoin, they will definitely feel a little hesitant to start investing.

You can start your investment in Bitcoin even you don't have any discretionary fund at the moment because everyone have different beginnings. Even they are not good in finance, if they have income that can be used for investment, they can start their investment adventure. However, they must manage good balance between their spending and their investment capital as well as never forget one part for emergency fund.

Through investment in Bitcoin, their finance will be improved considerably with time, and they will gradually build up both their wealth and discretionary fund that can be used for investment more solidly. Not everyone can start with descretionary fund for investment and even this strategy is good for financial management, you can start with not too good finance, and improve it with time. The vital point is always have emergency fund that plays its role of making sure that you will not sell your bitcoin when you don't want to do that.

[Finebone]

-

I have mentioned some Bitcoin addresses that have held onto their Bitcoins for more than 10 years and are still holding onto some Bitcoins.

For example -

1. 12ib7dApVFvg82TXKycWBNpN8kFyiAN1dr

2. 12tkqA9xSoowkzoERHMWNKsTey55YEBqkv

3. 1PeizMg76Cf96nUQrYg8xuoZWLQozU5zGW


There are many more addresses that are constantly storing Bitcoin. I don't know if these are mining wallets, but the wallets are still active.
Actually, I don't think real investors who have full confidence in Bitcoin will sell all their Bitcoins right now.
Yes, they can sell if they need the money very much and have no other money except Bitcoin.
Also, I don't think those who are holding Bitcoin will sell Bitcoin unnecessarily and invest in something else.
Because currently the most profitable and most reliable thing is to invest in Bitcoin.

I think that their is no point pointing out wallet address that has held Bitcoin for more than ten years now because we all knows that their are even more addresses that are still holding Bitcoin for more than that time Interval, but that's aside, holding can be very challenging that's why having an emergency funds and a reserve funds is a must in other not to temper with your holdings when faced in real life emergencies.
As for the bold statement in your write up, this is the major reason emergency funds and backup funds are to be put in place so that you wouldn't be in such a sorry state that will force you to be making such a terrible decision.

[Cossyblack]

-

I have mentioned some Bitcoin addresses that have held onto their Bitcoins for more than 10 years and are still holding onto some Bitcoins.

For example -

1. 12ib7dApVFvg82TXKycWBNpN8kFyiAN1dr

2. 12tkqA9xSoowkzoERHMWNKsTey55YEBqkv

3. 1PeizMg76Cf96nUQrYg8xuoZWLQozU5zGW


There are many more addresses that are constantly storing Bitcoin. I don't know if these are mining wallets, but the wallets are still active.
Actually, I don't think real investors who have full confidence in Bitcoin will sell all their Bitcoins right now.
Yes, they can sell if they need the money very much and have no other money except Bitcoin.
Also, I don't think those who are holding Bitcoin will sell Bitcoin unnecessarily and invest in something else.
Because currently the most profitable and most reliable thing is to invest in Bitcoin.

Why are you complicating your statement,you sound confuse. You alone saw the possibility that if we're confidence enough,we can hold our Bitcoin for 10 years which was encouraging and now you are also saying we can sell our Bitcoin portfolio if we're in need of money.  If I must remind you,Our goal here as long term investors is to continue to hold Bitcoin for a very long time,even more than 10years without tampering with it and not the other way round. Sometimes even when we  have reach our over-accumulation target & holding duration,we are to only sell parts of the profits generated while leaving the rest of it to continue compounding in Bitcoin for the long term. Continuity in value is the more  reason we should keep holding our funds in Bitcoin even after reaching our targets since Bitcoin is a store of value.

Yes, they can sell if they need the money very much and have no other money except Bitcoin.

What happened to our Emergency funds and backup funds or have you forgotten why we must have an Emergency funds alongside our investment. Our  Emergency funds is built to manage real life Emergencies when it arise. It simply protects our investment by helping us avoid tampering with our portfolio. Instead of selling like you advice,they should used part of their emergency funds to sort out the problems at hand.

[Olatundespo]

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?

Bitcoin is a long-term investment platform. Most of our market behavior is often controlled by emotions, not logic. We sell when we are scared and become restless when the market price fluctuates. When we sell Bitcoin after the price has fallen, its price has risen again. This will really depend on our timing, our success. Long-term investment attitude will make our investment in Bitcoin profitable. Should we buy or sell Bitcoin now? I would say, do not get confused by the fluctuations in the price of Bitcoin and decide on your strategy and long-term investment attitude. If you invest without caution or without knowing the long-term attitude and strategy, you will definitely face losses. No matter what the price fluctuates, you will benefit only if you can implement it in a long-term plan by investing in small amounts. Thank you!

If you are considering buying Bitcoin today, then you should start today. Waiting a day is like wasting time for you and the amount of funds you have available may not be there tomorrow, so instead of thinking about alternatives, you should act on the immediate decision to accumulate Bitcoin. New investors analyze the market emotionally and are tempted to invest for higher profits. Bitcoin will not make you profit immediately but regular accumulation through discretionary income can increase your financial stability as your holdings grow. What I mentally think about when holding Bitcoin is the stages of wealth growth that will put me in a great position in the future. Financially sound long-term Bitcoin accumulation along with discretionary income. I would recommend that you only think about profiting from Bitcoin when you have a decent holding and can put it into multiple cycles of accumulation (6-10 years).

Yes just like you’ve said there is no time to waste time in bitcoin investment, if you want to start investing in bitcoin now is the time to start investing in bitcoin because there is no point in waiting and to be looking at market curves and price spikes and fluctuation, one thing someone that is trying to start investing should know is just that the price of bitcoin can never be stable because bitcoin is a volatile assets and it’s quite unpredictable, so whichever way that you’ve a discretionary income now is the best now time to invest in bitcoin and mind you there is no time that is bad to invest in bitcoins, I feel it’s just necessary to know the strategies that will help you in continuous accumulation and to hodl for a long term. And for someone who is starting bitcoin is actually not ideal to be profit oriented instead to be more efficient in accumulation.

New investors in the investment market may consider my idea wrong but you should not consider the decrease or increase in price to start Bitcoin. I think you are spending more time investing the amount of money you have available for the bear market but you are not aware of that bear breaker then there is a high possibility that your allocated money will be spent elsewhere. For example, the current price of Bitcoin is $107k and you have $5k in dollars to buy and you are waiting for the price to drop. Your mental preparation and plan is to buy Bitcoin if the price drops to $90k which is an uncertain and useless plan for an investor. Waiting for the price to dump prevents him from investing and also creates obstacles in making Bitcoin from discretionary income naturally. Regardless of the amount of discretionary income you should start Bitcoin and increase your holdings by continuing to do so regularly.

[BitBakerr1]

What's your take on this? Given the period we're in is it buy time or sell time?

If you must buy Bitcoin then it should be today, if you have your discretional income ready buy Bitcoin immediately and keep buying,no dulling. The truth you need to know for yourself is that the price of bitcoin wouldn't wait for you or anybody regardless. What's the points of selling when you haven't started  or don't you think it's too early for such. If you're interested in buying Bitcoin, don't give a  second thoughts about it, buy right way and you wouldn't regret your decision. While investing in Bitcoin, you need to understand the basics about it and how it works. Always approach the market with a long term plan to become a potential investor, yeah you need to be consistent in your approach in buying and accumulating Bitcoin using your discretional income for purchase. Infact just keep buying and buying until you reached over accumulation target and hold for a long term period of at least 4-10 years or more. The goal here is to keep buying and holding for as much as you can for the long term .

What i understand is that our goal of accumulating Bitcoin is not only to get the potential and benefits in the future, but there is also an inflation factor that plays a role here, i mean after 4-10 years you hold Bitcoin, then what? sell it because you think you have benefited, then keep fiat? which can be printed indefinitely. no, that's not right. As we know fiat is eroded by inflation every year, maybe the amount will remain the same but the value will continue to decrease, those who understand Bitcoin will understand that Bitcoin is not just an investment asset, but also as a form of value protection for the assets we have.

Yes, most investors are only interested in making a profit from their Bitcoin investments. They don't understand that Bitcoin has other important functions, like you mentioned about inflation" and that's our primary purpose in holding Bitcoin so that inflation doesn't affect us in any way. However, even if  investors want to sell their investments, after they've reached the point of considering selling their Bitcoins, they shouldn't consider selling all of their investments. It's always recommended to sell a small portion of our investments, which we know will solve the problems we want to solve, and then allow it to compound, rather than selling all of our investments and start looking for a way to start a new phase.

You are right dude, but I still want you to understand that inflation will never affect an investor who engages himself or herself with the DCA method because whether there is high inflation or not, an investor will still be privilege to buy and hold and that is why it is term the best and the most convenient strategy in Bitcoin investment.  Anyone who sells all his Bitcoin simply because they think or they have gotten to their overaccumulation stage is making a very big mistake because Bitcoin is worth holding regardless, though some people will not understand how important it is to have Bitcoin in our portfolio and hold but they will get to know later in the future.

Some set of people has made the mistake of selling all there Bitcoin after reaching overaccumulation stage which is a wrong way to go as an investor, for me I think the idea of cashing out 10% value of your bitcoin every time it doubled is the best way of handling your bitcoin investment than selling all your Bitcoin, with this strategy you won't have to sell out all your Bitcoin investment.
This was the idea I got from JJG and he wrote a lot about this in a thread he created JJG’s Outline of Bitcoin Investment Ideas you can go there and read more so you can have a more wider understand about it.
For me I will even prefer cashing out only 5% value of my bitcoin every time it doubled, in other to have more accumulated Bitcoin because I believe the future of Bitcoin will be more greater.
So as soon as you reach overaccumulation stage you can adopt this strategy by JJG it's saves and keeps your investment going.

[ejikeme24]

but I still want you to understand that inflation will never affect an investor who engages himself or herself with the DCA method because whether there is high inflation or not, an investor will still be privilege to buy and hold and that is why it is term the best and the most convenient strategy in Bitcoin investment.

I never said inflation would prevent us from accumulating Bitcoin. I'm referring to those investors who consider selling all their holdings at once to continue holding fiat, so I think this isn't the right way to invest in Bitcoin.

I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.

[G_Besar]

...

I never said inflation would prevent us from accumulating Bitcoin. I'm referring to those investors who consider selling all their holdings at once to continue holding fiat, so I think this isn't the right way to invest in Bitcoin.

If you have ever seen an investor who sells all his Bitcoins in order to hold fiat, for me such a person is not an investor but just an ordinary person who does not understand the concept of investment and it is possible that the person does not know much about Bitcoin. Because for investors who are already familiar with Bitcoin and also the concept of long-term investment, the person will definitely not sell all the Bitcoins that he has held so far and even if the person wants to sell it, it may only be in small amounts for certain reasons.

I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.

That is why some people who want to become investors in Bitcoin first choose to increase their monthly income so that they can use large amounts of capital to invest in Bitcoin. But for me, people who want to accumulate Bitcoin with a capital that is not too large at first are also not a problem because it is also a wise step to take so that over time they will also try to increase their capital in order to make the amount of accumulation larger. Because when this can be done more consistently, I think the amount will also be more even though it does not have to exceed ten years.

[Creeper0]

I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.

I am a bit confused by your sentence. How can we be affected by inflation while investing? From my limited knowledge, what I understand is that with inflation, your income will also increase and you will be able to buy the same amount of Bitcoin as before. For example, before inflation, your income would be 1000 fiat which is equivalent to $100. After inflation, your income would be 1500 fiat which is equivalent to $100. Here I do not see the possibility of your deposit process being slow. Due to inflation, the value of your country's fiat decreases, but the stable currency ($) remains the same. So I can clearly say that inflation cannot have any effect on your investment journey. I think your investment journey will be the same during an inflationary cycle.

[Cryptoprincess101]

What's your take on this? Given the period we're in is it buy time or sell time?

For someone like me, I can't say this is sell time cause it's still very early, I'll have to accumulate and hoard as much as I can for like 10 years before I could consider selling and that's what every investor that just started hodling for about few years or a year ago should consider, we still have lots to achieve so it's definitely not sell time even though the market seems friendly currently and trending upwards.

 Well for someone that's held for a decade, two decades, etc this period can be their sale time, don't get me wrong the can sale some stash to diversify to other options I mean investment options but would still continue buying at any given opportunity with the DCA.

I think those who have held bitcoin for a long time like a decade or more, Sold when we first hit the psychological milestone of $100k, though not entirely all and there are still those holding on to their stash. The answer to Dorkylick question is based on personal investment goals of individuals cos what might be sell time for Mr A might be a Buy time for Mr B depending on their goals and time of investment. I don’t think there’s any investor that will sell all of their stash It’ll normally be part.
Generally I think now is buy time considering bitcoin jus hit $100K few months ago and we’ve experienced atleast two pullbacks. Bitcoin is just gathering momentum to move up higher so I’ll consider now a buy, plus bitcoin is yet to hit it’s peak so buying now is potentially still early.

Those who hold for over a decade now are who will call the true investors of bitcoin and they have long-term holding mentality and they believe in the potential growth of bitcoin and even though the price hitting $100k was a target for many investors and not only long term hodlers but due to the how the price of bitcoin was rising made some long term investors to still hodl despite that they targeted $100k to sell part of their holdings. We are now familiar with the price hitting $100k, even though it has pull back below and still later surpass, another target selling price of some investors now is $150k to $200k which some will take profits while others who still have long term targets will also hodl. If you observe the market, you will know that many are hodling, there is not much selling pressure anymore and most investors have moved their bitcoins from exchanges to non-custodial wallets where it will be safe which means we should be expecting upwards movement since the market is still trying to gather force that will make the price to skyrocket.
     Every investor is taking advantage of the market, as it DIPs, some investors will buy and if it skyrockets, some investors will also sell but it is not a good approach for an investor to have a trading strategy of buying at DIPs and selling at highs, the goal is to achieve a sizeable portfolio in the long term and not to practice short term trading.

[Jaycoinz]

I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.

I am a bit confused by your sentence. How can we be affected by inflation while investing? From my limited knowledge, what I understand is that with inflation, your income will also increase and you will be able to buy the same amount of Bitcoin as before. For example, before inflation, your income would be 1000 fiat which is equivalent to $100. After inflation, your income would be 1500 fiat which is equivalent to $100. Here I do not see the possibility of your deposit process being slow. Due to inflation, the value of your country's fiat decreases, but the stable currency ($) remains the same. So I can clearly say that inflation cannot have any effect on your investment journey. I think your investment journey will be the same during an inflationary cycle.

Is that how inflation works over there in your country?

During inflation the cost of commodity gets so fucking high and I believe the cost of living which is supposed to necessarily increased isn't done so by all means and this can affect your steady deposit by all means that's if you are limited to that only source of funds. But there is always a room for readjusting so that everything still goes smoothly as plan.

[DubemIfedigbo001]

I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.

I am a bit confused by your sentence. How can we be affected by inflation while investing? From my limited knowledge, what I understand is that with inflation, your income will also increase and you will be able to buy the same amount of Bitcoin as before. For example, before inflation, your income would be 1000 fiat which is equivalent to $100. After inflation, your income would be 1500 fiat which is equivalent to $100. Here I do not see the possibility of your deposit process being slow. Due to inflation, the value of your country's fiat decreases, but the stable currency ($) remains the same. So I can clearly say that inflation cannot have any effect on your investment journey. I think your investment journey will be the same during an inflationary cycle.

Inflation does not work that way bro, in fact inflation is decrease in purchasing power of you fiat currency and even in inflation, there is no guarantee that your income increase at all from its source and you would find out that you are using more units of fiat to purchase same necessities and it can reduce the funds you invest into bitcoin if your income does not increase.

Leet us take for example: You previously invested 1000 fiat which amounted to $100 into bitcoin in your example, and after inflation possibly your currency crashed against the dollar by 20%, the 1000 fiat you previously invested into bitcoin would now be worth $80 instead of $100 and you would need an additional 200 fiat to invest your normal $100 into bitcoin. Not to mention that with inflation, your expenses budget would tend to rise as more money may be needed to attend to same expenses and this would in turn even reduce your resultant discretionary income and further cause a decline in the dollar equivalent of your normal investment amounts.

[Lembo69]

If you hesitate to invest in Bitcoin, you will fall behind. Because investing in Bitcoin is not done by speculation. Investing in Bitcoin only requires confidence and strong morale. There are many investors who sell their investment as soon as they get some profit on the Bitcoin they have invested. I want to say that they are wrong. Because today the price of Bitcoin is above 100 thousand, if it is 200 thousand in the future, won't you regret it? That is why every investor is asked to keep an emergency fund. No matter how urgent your work is, you just have to have a strong determination that you will not waste your invested Bitcoin under any circumstances.

Bitcoin not only prevents inflation but also improves the financial and moral standing of the country. In the future, the world will be like this, paper money will disappear. People will transact through currency. Because the demand for Bitcoin is increasing greatly and Bitcoin is becoming a means of trust for people. Do not hesitate to invest in Bitcoin. You start and start investing now.

[Jewan420]

I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.

I am a bit confused by your sentence. How can we be affected by inflation while investing? From my limited knowledge, what I understand is that with inflation, your income will also increase and you will be able to buy the same amount of Bitcoin as before. For example, before inflation, your income would be 1000 fiat which is equivalent to $100. After inflation, your income would be 1500 fiat which is equivalent to $100. Here I do not see the possibility of your deposit process being slow. Due to inflation, the value of your country's fiat decreases, but the stable currency ($) remains the same. So I can clearly say that inflation cannot have any effect on your investment journey. I think your investment journey will be the same during an inflationary cycle.

You may have a misconception about inflation. Inflation only guarantees a decrease in the value of fiat against goods. That is, the goods you can buy today for 100 fiat, you will have to buy for 110 fiat after 10% inflation. The biggest impact on investment is that your expenses increase and your discretionary income decreases. Naturally, you will be forced to reduce your DCA if your income does not increase with inflation.

For example, your income is 1000 fiat, which is equivalent to $100. Suppose your expenses on income are $60 and your discretionary income is $40. Now if 10% inflation occurs in your country, the price of goods in your country will increase and you will have to spend $6 more to buy goods than before. Now your expenses on income ($100) are $66. Since your income has not increased, your discretionary money after expenses will be $34, which is $6 less than before. Naturally, you will be able to manage your investments using less money than before and will be forced to slow down your investments.

[Sim_card]

I agree with you that investors who adhere to the DCA method will not be affected, while those who choose to invest a small amount may likely get affected, in terms of slowing down the accumulating process. For example, if your goal is to accumulate for about 10 years, due to high inflation, you may have to add more years before reaching your goal.

I am a bit confused by your sentence. How can we be affected by inflation while investing? From my limited knowledge, what I understand is that with inflation, your income will also increase and you will be able to buy the same amount of Bitcoin as before. For example, before inflation, your income would be 1000 fiat which is equivalent to $100. After inflation, your income would be 1500 fiat which is equivalent to $100. Here I do not see the possibility of your deposit process being slow. Due to inflation, the value of your country's fiat decreases, but the stable currency ($) remains the same. So I can clearly say that inflation cannot have any effect on your investment journey. I think your investment journey will be the same during an inflationary cycle.

If I may ask you, who will increase your income for you if your salary is fixed or you have a fixed income when inflation hits the economy. It shows that you don't understand the negative impact that inflation causes to people income. It reduces the purchasing power of money. What you buy for $10 dollar would be sold for $11 and you are still receiving the same income which means that the value of your income have reduced. This means that if you are DCAing with $20 weekly, after all your monthly expense and needs, you will be left with little amount of money and your DCA amount might become $10.

Purchasing Power of the U.S. Dollar Over Time.


This is why as you are investing in bitcoin, you need to find a means of increasing your income so that you can have the chance of buying bitcoin aggressively and balance your financial life when inflation is around the corner.

[JayJuanGee]

What's your take on this? Given the period we're in is it buy time or sell time?

For someone like me, I can't say this is sell time cause it's still very early, I'll have to accumulate and hoard as much as I can for like 10 years before I could consider selling and that's what every investor that just started hodling for about few years or a year ago should consider, we still have lots to achieve so it's definitely not sell time even though the market seems friendly currently and trending upwards.

 Well for someone that's held for a decade, two decades, etc this period can be their sale time, don't get me wrong the can sale some stash to diversify to other options I mean investment options but would still continue buying at any given opportunity with the DCA.

This is just the beginning of Bitcoin's success, Bitcoin will go much further ahead, but those who are thinking of selling their holdings at this time for a small profit are going to miss out on the opportunity for greater success in the future. I never think of selling at this time, because in the coming days Bitcoin will become more powerful, and the value of Bitcoin will be faster and bigger than we expected. So we must think of achieving that success, and for this we only need the mentality of continuous holding, and the mentality of continuous buying, keep buying regularly, this current stage is never too big, which is going to happen in the near future.

Holding for 10years is not enough reason to sell bitcoin. Again seeing this period as a period of selling will be a deceitful thing since we all know that bitcoin has already flashed at $112k which is a clear sign that it still has a lot of progress to make in the short term.

In recent months, I have been trying to consider and reconsider my own views in regards to short term, medium term and/or long term targets that guys might have, and surely one thing is figuring out how more people might be able to treat bitcoin more seriously in terms of thinking about it as an investment rather than as a trade, but then another thing is figuring out what goals might be reasonable, given the fact that so many of us are starting to come around to recognizing that bitcoin is amongst the best of pristine assets, if not the best of pristine assets.

So if so many of us start to recognize and/or appreciate bitcoin as being such a pristine asset, then it hardly makes any sense to plan to trade in and out of it, even if our timeline might be trading in 10 years or longer (like you suggested, planning to enter into a BTC selling practice 10 years or more down the road).

Even if it might seem short-sighted to get into bitcoin and then to have a plan that involves getting out of bitcoin, it becomes difficult to suggest how guys should think about their involvement in bitcoin when it comes to various goals that they might set, even if we might be able to see that even their plans to follow such goals might seem to be devolving into a trading rather than an investing way of looking at bitcoin.

Many of us also recognize and appreciate that some folks might have consumption and/or investment goals related to their bitcoin that might even be shorter than 10 years, but then maybe somewhat adequately longer than 4 years.. but at the same time, some guys strive to play bitcoin price waves too, which might result in short term profits.. but at the same time might also potentially result in failure to sufficiently balance bitcoin's investment attributes. which surely is risky, even if sometimes they are able to achieve what seems to be short-term profits.

Long term basis still has a lot potential benefits. Continuous accumulation of bitcoin is still the best.

I hate to have to argue this point again, which is that it is possible to reach a point of overaccumulation, so if you are proclaiming that either you can never sell your bitcoin or that you ongoingly need to accumulate bitcoin, then you are likely failing/refusing to adequately understand bitcoin as it currently is and/or how to potentially deal with bitcoin in the future, including that ongoing accumulation of bitcoin is likely not as necessary as you are supposing it to be.

If you feel you have reached your accumulation target or over accumulation, and has the need to slow down your accumulation speed in order to take good care of yourself, it is advised that you reduce your DCA allocation or increase your DCA period which would allow you more of your funds to enjoy life while preserving and ploddingly improving your bitcoin stash.

Ok.  So you seem to be acknowledging that a person might achieve enough bitcoin, yet you are still not allowing a person to sell any of his bitcoin based on some artificial presumptions that might even be devolving into your placing your own values on other people?

Do we need an example here?

I have given so many examples of reaching overaccumulation in the past.. and there surely seems to be a lot of justification for guys to figure out ways that they might start to include either price based sustainable withdrawal and/or time-based sustainable withdrawal.. .. and sustainable withdrawal involves selling and does not necessarily include continuing to buy bitcoin.. even though buying bitcoin could still be done as an option.. but having an option means that it is within personal discretion to do.. so we seem to be overly imposing on others if we suggest that they need to continue to buy bitcoin.

Even a guy who merely accumulated around 15% of his income for the past 9-ish years may well have had reached overaccumulation status and may well feel that he can sustainably live off of his bitcoin based on such overaccumulation status... He may well believe that he never has to ever buy another bitcoin ever again.

Let's look at such a situation.. and let's say that a guy had been earning right around $30k per year, and 9 years ago, he decided that he was going to invest right around 15% of his income into bitcoin, so he started to buy right around $100 per week into bitcoin, which in the last 9 years resulted in his investing right around $47k into bitcoin and accumulating right around 12 BTC.

If such hypothetical guy had been investing right around $5,200 per year into bitcoin, that means that he was largely living off of the remaining $24,800.

Surely if he had accumulated 12 BTC, then currently, that 12 BTC would be worth right about $589k based on the 200-WMA value and right about $1.3 million based on current spot prices.  I would suggest that based on the 200-WMA, the guy would be in a solid position to be able to sustainably withdraw $59k per year and even to adjust that amount upwardly by 7% each year.. on a perpetual basis.

So largely the guy is more than doubling his current income without having to work another day in his life - beyond whatever measures that he might need to take in order to guard his BTC stash and employ whatever accounting measures in order to assure that he is not overly withdrawing from his BTC stash.

You can proclaim that such guy needs to continue accumulating bitcoin, but he does not. In the scenario that I outlined, his bitcoin is appreciating faster than the rate that he is withdrawing it, and there are even ways that he can adjust his withdrawal rate downward in circumstances that his BTC might no longer be appreciating faster than his withdrawal rate... and I even outlined a situation where the guy is able to double his income from his current rate, and sure you might argue that it is not enough and the guy wants more.. but that is not necessarily true to assume that people can never be satisfied in regards to having enough.. There are likely some guys who need more and other guys who need less, yet in the end, each person should be able to sufficiently figure out from his own perspective how much he wants/needs and the extent to which he has enough and/or more than enough.

Do you have a retirement plan elsewhere?? Don't you think that preserving that bitcoin until retirement could be a good retirement plan which could place you on pension for the rest of your life after retirement through programmed withdrawal as described by JJG.

Of course, each person needs to attempt to account for his various income flows and the extent to which he has income flows that are something that he can count on, and even back up sources.

Surely, I understand the needs that any of us have in regards to having back up funding, so even if we might want to presume an ability to earn an income of $59k, we might purposefully choose to withdraw at a lower rate, such as $40k or even make sure that we are able to withdraw at $80k prior to our starting to withdraw at $59k... each of us are likely to engage in slightly differing calculations in terms of figuring out the details of our various income flows and how much cushion we believe that we need to have in order to feel satisfied that we have enough or more than enough.

What's your take on this? Given the period we're in is it buy time or sell time?

For someone like me, I can't say this is sell time cause it's still very early, I'll have to accumulate and hoard as much as I can for like 10 years before I could consider selling and that's what every investor that just started hodling for about few years or a year ago should consider, we still have lots to achieve so it's definitely not sell time even though the market seems friendly currently and trending upwards.

 Well for someone that's held for a decade, two decades, etc this period can be their sale time, don't get me wrong the can sale some stash to diversify to other options I mean investment options but would still continue buying at any given opportunity with the DCA.

I think those who have held bitcoin for a long time like a decade or more, Sold when we first hit the psychological milestone of $100k, though not entirely all and there are still those holding on to their stash. The answer to Dorkylick question is based on personal investment goals of individuals cos what might be sell time for Mr A might be a Buy time for Mr B depending on their goals and time of investment. I don’t think there’s any investor that will sell all of their stash It’ll normally be part.
Generally I think now is buy time considering bitcoin jus hit $100K few months ago and we’ve experienced atleast two pullbacks. Bitcoin is just gathering momentum to move up higher so I’ll consider now a buy, plus bitcoin is yet to hit it’s peak so buying now is potentially still early.

You are contradicting yourself a bit IceLincoln... and you seem to be overly relying on some arbitrary amount, such as $100k to presume that there are any needs for long term holders to take much if any profits around that price point.

If a person had accomplished most of his BTC accumulation more than 10 years ago.. so then by mid-2015, he had largely established his bitcoin stash, then surely he might have average cost per BTC that might be anywhere between $50 and $1k, depending upon when he started to accumulate.. .. and let's say that maybe the guy did not feel comfortable selling any BTC during the 2017 price run, yet there might not have had been any reason for him to not create some kind of a selling plan for the 2021 price run and other points since then, and there is no reason for the guy to get caught upon $100k as if it were some kind of a magical point to sell much if any BTC.. especially since there is no real reason that a longer term holder would necessarily conclude that $100k was going to be the end of the price run, even though sure, maybe he shaved off some sales within that price range.. just as maybe he had been selling small amounts based on prices and also maybe based on the passage of time.

I will agree to recognize that there have been some claims that some longer term holders have been selling some of their coins around $100k, and that is part of the explanation to suggest that various financialized products and/or third-party custodians have the coins that they claim to have, and to attempt to explain why the BTC price is not going up more than it has been doing, even when so many large players seem to be engaging in activities to accumulate and hoard bitcoin.

[edited out]

That provably the situation happen especially if they made already a good ROI when Bitcoin reach at $100k.

I provably do that to especially if I made already huge profit from my holdings since somehow its good  secure your profit and harvest your efforts for so many years on investing in Bitcoin. But also make sure that you have left something so that even if you already take out your profit there are still Bitcoin left which you can possibly use in future especially if you want to hold that Bitcoin for another more long years.

I doubt $100k was a good selling point, and there seems to be a bit of fantasizing regarding good practices and even presuming that it is good to engage in large sales of bitcoin with expectations to buy back cheaper.. .rather than perhaps maybe some guys might have had accumulated 50 bitcoin prior to 2015 (maybe around $1k per coin or even cheaper costs) and sure maybe at various points between $30k and $100k the guy might have had sold 5-10 bitcoin and we are at $100k (and more) and the more prudent guy who recognizes the value of bitcoin may well still have 80% or more of his stash...and the dumb twats sold more than 50% of their stash... and are regretting that they don't have enough coins.. because they failed and/or refused to appreciate the value of mostly erroring on the side of holding and selling very little.. .and maybe even the smarter ones still have 90% or more of their original stash.. and they still have been able to profit without getting too obsessed with selling too many coins too soon.. merely because their BTC stash happens to be in profits..