Buy Buy Buy or Sell Sell Sell?

[sotelorene]

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.

You are right about your definition of inflation but I don't think the inflation that dude is talking about is outside Bitcoin investment perhaps the inflation the dude is talking about is the Bitcoin inflation and by right inflation should not bother investors because the DCA method is always available so one can actually get Bitcoin and hold despite the inflation and another word for this inflation can still be seen as market skyrocketing though some investors don't invest when the market has gone up simply because they have this trader mindset that, the market will come down and when it comes down they will be at loss lol, that is really crazy but people who understands will buy regardless and hold even knowing that the price will come down because Bitcoin is a volatile asset.

[Tungbulu]

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.

As more people begin to acknowledge Bitcoin for its worth, the most logical thing to do would be to adopt a long term perspective when approaching Bitcoin, rather than considering it to be a trade. When people starts making this shift in mindset, it kinda encourages investors to focus more on Bitcoin as a store of value as well as its potential for long term growth.

It's indeed very crucial to set specific, whether it's short, medium or long term, as this helps investors to effectively navigate their involvement in Bitcoin. Although, just as you've rightly noted, some plans can actually devolve into trading sometimes, which of course isn't attribute that aligns pretty well with the concept of Bitcoin investment. Thus, it's of utmost importance to balance short term profit goals with the understanding of Bitcoin's potential as a long term store of value.

Above all, it's crucial for investors to always define their goals as well as their risk tolerance, as this is key to developing a solid strategy that aligns pretty well with their financial goals and objectives. And by doing so, it becomes very much easier to navigate the complexities of Bitcoin investment without much wahala,  as well as to help them make more informed decisions concerning their involvement with Bitcoin.

[Tonimez]

[Edited out]

As more people begin to acknowledge Bitcoin for its worth, the most logical thing to do would be to adopt a long term perspective when approaching Bitcoin, rather than considering it to be a trade. When people starts making this shift in mindset, it kinda encourages investors to focus more on Bitcoin as a store of value as well as its potential for long term growth.

It's indeed very crucial to set specific, whether it's short, medium or long term, as this helps investors to effectively navigate their involvement in Bitcoin. Although, just as you've rightly noted, some plans can actually devolve into trading sometimes, which of course isn't attribute that aligns pretty well with the concept of Bitcoin investment. Thus, it's of utmost importance to balance short term profit goals with the understanding of Bitcoin's potential as a long term store of value.

Above all, it's crucial for investors to always define their goals as well as their risk tolerance, as this is key to developing a solid strategy that aligns pretty well with their financial goals and objectives. And by doing so, it becomes very much easier to navigate the complexities of Bitcoin investment without much wahala,  as well as to help them make more informed decisions concerning their involvement with Bitcoin.

Basically, one of the possible reasons why some people has been into bitcoin Trading for some times is Misinformation. Most traders have recently started seeing more reasons to hold than trade. So if anyone who is coming into bitcoin still thinks of bitcoin trading, then he must have been introduced into the system by a Trader. There are various indicators ranging from wide acceptance to change of perception among the investors.

Setting up goals is very important when it comes to bitcoin accumulation because this gives you a calculation basis where you can generate your DCA period and DCA allocation.

...as well as their risk tolerance, as this is key to developing a solid strategy that aligns pretty well ...

The risk tolerance here does not deserve the emphasis it has in this context if we all believe in maximum possible bitcoin accumulation or holding.

[Gost ms]

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.

There are some investors who sell all their holdings after the excess savings or the time limit is over. This is a completely wrong method and it is never right to sell the entire holding. For example, if you want, you can withdraw some amount and enjoy the profit but it is not right to sell the entire investment. Or if you want, if your investment doubles, then you can withdraw some amount of your investment and enjoy it.

If you sell all your holdings, you may regret it later. For example, as time goes by, the demand for Bitcoin is increasing. We are optimistic that the demand for Bitcoin will increase further in the future. Now 1% of the world's people invest in Bitcoin. When 10% of people invest, think about how much Bitcoin will increase in value. Never be a cause of regret by selling your entire investment.

[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.

It can be sell time only for those who has accumulated enough but even at that, selling all is not advisable if you have reached overaccumulation in your Bitcoin investment, it will be better you sell some part of your Bitcoin now that the price is friendly and then hold the rest, being at a stage of overaccumulation and you have started selling those not mean when there's a dip you won't accumulate, when there's a dip you still need to accumulate so you can keep your investment going because if you only sell without adding during the dip your Bitcoin investment will run dry.

You seem to just be making up standards.

Sure there can be stages in accumulation, and I suppose that there could be stages in overaccumulation.

There is also price based withdrawals and there are time based withdrawals.

If a person has reached overaccumulation status then it is likely optional for him whether he wants to buy back, yet if a person is selling within his overaccumulation status and not falling outside of his overaccumulation status then he does not have to buy back

I am not opposed to the idea of optional trading, including that selling on the way up and buying on the way down may well be o.k. for maintenance and/or portfolio insurance, yet there still are not obligations to continue to buy bitcoin in order to stay in overaccumulation status as long a the person is not selling so much bitcoin as to knock himself out of overaccumualtion status.

It seems problematic to have had worked 4-10 years or longer to reach overaccumulation status to then self-imposedly knock oneself out of overaccumulation status in order to be obligated towards getting back to overaccumulation status.

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.

You are going to measure whether you reached overaccumulation status based on spot price?

So how are you going to manage that?

Changes in spot price is going to knock you out of overaccumulation status?

Sure, it is possible to have such a system, but you likely need to figure out some way of dealing with volatility.

I think that part of the reason that I like to assess overaccumulation based on the 200-WMA (and/or bottom prices) is because the 200-WMA has tended to continuously move up, and also the spot price is usually above the 200-WMA... so that gives a bit of additional cushion to attempt to deal with likely inevitable BTC price volatility.

I believe that it is not impossible to assess that you have reached overaccumuation status based on spot prices, but you have to figure out how to make sure that you are not falling in and out of overaccumulation status merely based on 5-10% price movements... so there likely needs to be some built in ways of dealing with such volatility, especially if you are largely planning to stay in bitcoin rather than put your money into inferior assets, such as the dollar, some other fiat or some dollar denominated asset that is also inevitably losing value.. and it seems that part of the reason to be attempting to value wealth and to keep wealth in bitcoin is because it seems that over the longer term it is holding its value better than fiat, even accounting for inflation and/or seemingly inevitable fiat debasement.

This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

Surely each of us can have differing goals, yet I would think that many of us should not be planning to spend 4-10 years or longer to get to overaccumulation status and then to knock ourself out of such overaccumulation status.. merely because of sloppiness, inabilities to control our consumption and/or not being able to recognize and/or appreciate the value of his investment into bitcoin.. especially since it is likely that if we are in bitcoin, then we have already come to realize that bitcoin is amongst the best of investments if not the best of investments, so then why would we want to purposefully take ourself out of such investment either to put ourself into inferior investments or to engage in consumption that we feel that we are not able to control ourselves in such in terms of devolving into living beyond our means, which seems to be part of your build-in assumption SuperBitMan that justifies the spending of your bitcoin rather than engaging in deferred gratification and/or figuring out how to engage in sustainable withdrawal within your means rather than wanting to live outside of your means.  Again, surely it is your choice to squander away your wealth status by lack of foresight or insights regarding hte nature of the matter and/or the value of bitcoin.

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.

If a person has discretionary income, then the question of self-confidences seems to be referring to questions regarding how much (or position size) rather than whether or not to invest into bitcoin.

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.

Sure, if a person gets started and is regularly buying bitcoin within his discretionary income, then there could be various assessments along the way, and surely there is likely some value for each person to be considering his various personal factors, even if it may well take a long time to build up a bitcoin portfolio depending on his discretionary income and perhaps whether or not he might have other assets or any ability to front load his investment and/or position into bitcoin.

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.

If you have come to the correct conclusion that long term holders do not necessarily need to sell their bitcoin, then why would they need to accumulate more bitcoin?

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.

It is difficult to understand your point if you have no clue if the addresses are individual addresses or business addresses.

One of the preferred practices is not to reuse addresses... so many times larger holders might have transactions spread over a variety of bitcoin addresses.
 

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 tend to agree that bitcoin is the best place to hold value.. yet it is also difficult to make blanket statements regarding what some others might be doing, even though surely there are attempts to assess the extent to which coins are moving around and which kinds of holders are selling their coins in order for various new entrants (or larger holders), such as Saylor/MSTR, Saylor/MSTR copy cats, Blackrock, governments to supposedly acquire and hold such coins.

In the end, each of us has to figure out the extent to which we are still accumulating coins or if we might be entering into sgtatges in which we might feel it is in our interests to sell some of our BTC at various price points, whether we consider $100k to be an important price point or not.  I doubt that longer term holders give too many shits about $50k versus $100k versus some other number depending on if his average cost per coin might be less than $100, less than $1k or some other cost per coin.

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.

Generally speaking, none of us should be investing into bitcoin, unless we have discretionary income, since if we invest into bitcoin outside of our discretionary income that would be gambling and not investing.

Surely, there could be a person who has reserve funds that allows him to invest into bitcoin, yet reserve funds are built up from discretionary income.. so at some point if it is appearing that the person does not have enough funds to cover expenses and/or an ability to earn (or generate more discretionary funds into the future), then he cannot invest into bitcoin... .because he does not have available money.  It hardly makes sense to proclaim that a person can invest into bitcoin without having discretionary funds. 

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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.

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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.

I guess that I also find this whole scenario as confusing, since if a person has reached a state of overaccumulation, then he has his bitcoin that he is able to cash out whenever he likes within either price-based or time-based withdrawal strategies... sure, he may well develop other funds or places that he holds his value so that he does not necessarily spend from his bitcoin at times that he might not want to spend from them.

So let's say if a guy might have some thing like an $80k per year withdrawal rate, and so he knows that currently he needs something like 16.3 BTC as a minimum right now to be able to retain such withdrawal rate, but if the guy has 25 bitcoin or even 30 bitcoin, then he has quite a bit of an overaccumulation status, so maybe he will withdraw some a quantity of income in advance so that he does not have to rely on the bitcoin price in terms of when he is making his withdrawals.

Maybe since the beginning of 2023, the guy had already been withdrawing at the rate of around $80k per year, yet in early 2023, he knew that he needed  in the ballpark of 33 BTC in order to be able to sustainably withdraw at the $80k per year rate, yet he had 40 BTC at that time, yet he wanted to be careful not to overly withdraw bitcoin because he saw that the BTC price was relatively low in compared with the 200-WMA.

So still maybe in the past 2.5 years since January 2023, he had withdrawn a total of somewhere between 10 and 15 BTC, and that is why today, he has 25 BTC rather than the 40 BTC that he had in early 2023 when he had around 7 BTC of an overaccumulation, and today, he has right around 8.7 BTC as his over accumulation amount of BTC.. and sure, each of us has to work out these numbers to make sure that we have a sufficient amount of over accumulated amounts and that we are not overly spending ourselves to knock ourselves out of overaccumulation status..

In other words, there can be times in which the BTC price is relatively higher than the 200-WMA and the guy will swell some extra BTC so that he won't feel a need to sell much if any BTC when the BTC price is within 25% of the 200-WAMA or even lower than the 200-WMA.. which has happened from time to time in bitcoin's history.

[edited out]

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.

The idea of selling  10% every time that the BTC price doubles is one possible price-based system of sustainable withdrawal, and like you suggested both the amount and the starting point of when you start to employ such a system can be adjusted based on your own costs and/or your own individual circumstances. 

There is also time-based sustainable withdrawal which have differing parameters but also discussed in that same sustainable withdrawal thread.

Both price-based and time-based sustainable withdrawal ideas (and strategies) presume that guys get their bitcoin holdings to an overaccumulation status first.

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.

Surely changes in the cost of living can affect how much each of us are able to invest in bitcoin based on the possibilities that our expenses might go up faster than our income, which reduces the amount of discretionary income that we have available to buy bitcoin and also DCA does not necessarily save us from the effects of inflation even though we can adjust within our DCA approach to make sure that we are determining our own chosen level of aggressiveness that goes along with how much discretionary income we have and how much of that we want to dedicate towards our bitcoin accumulation.   

You are also correct, ejikeme24, to suggest that changes in our cost of living including if our income does not keep up with our increases in our expenses could affect how long it takes for us to reach overaccumulation status... and, sure, our numbers for overaccumulation status might end up changing, so maybe before 2020 we were thinking that we were going to need something like $40k per year to support ourselves, yet after we saw the events of around that time, we decided to adjust our amount upwards (and even radically) to $80k in order to account for the radical matters we were seeing in the world at that time. .. Sure, maybe there might not have had been a need to double the amount, yet we decided that we would prefer to error on the side of being safe rather than to under assess the amount of income that we felt that we needed.

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.

Surely there are cases in which a person is in their prime earning years (or maybe he just graduated from college), and so his income may well be growing faster than his expenses since he is getting promoted and moving up within the place that he is working.

We cannot necessarily presume that incomes go up with inflation, and there are even people in fixed income statuses (such as retired folks) who tend to have incomes that do not go up with the cost of living, and those people tend to be the worst affected during societal changes.. .. since many times working folks will have some abilities to change jobs or to change training based on changes in the economy and their abilities to follow the more lucrative jobs.

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.

Your assumptions seem wrong Creeper0 even if there might be incidents in which folks can make sure that their income is going up with the cost of living.. especially certain industries might also be able to charge more for their goods and/or services, yet we cannot assume across the board that income will go up at least the same as expenses.

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.

You are just making shit up.

Sure there are some folks who target round numbers to sell off portions of their BTC, but I bet there are going to be a lot of folks regretting that they sold way the fuck too much BTC too soon if they ended up selling large portions of their BTC around $100k.

The same was true around $1k and also around $10k.

There were surely folks selling a lot of BTC around those numbers, and a decent number of them had regrets for selling way too much BTC too soon.

To the extent that you are identifying that guys who have been in bitcoin a long time might just sell certain portions of their BTC stash at certain price points, then that part is likely correct, but I would not be reading too much into the likely bullshit claims that a lot of guys are selling their BTC at and around $100k just because $100k seems like a lot blah blah blah.

I already gave some examples to argue this point, but let me more or less reiterate some variation of the example that I already made, and let's say that a guy largely accumulated his bitcoin between 2013 and 2015, and he screwed some matters up and so he had various buys that were scattered at various prices, which ultimately led him to investing around $30k over that time, and he accumulated a bit more than 100 BTC  (yes this link shows that more than 100 BTC is reasonably attained between 2013 and 2015 for $30k)..

And so maybe he was in his early to mid-30s at the start of this and his income was around $70k per year, and so surely he would like to have an income of more than $100k per year, yet over the years, he might have had sold some of his bitcoin at various price points along the way.

Maybe something like this:

2017 - 10 BTC for around $14k each - $140k

2021 - 10 BTC for around $50k each -  $500k.

2024  10 BTC for around $65k         $650k

Either the guy still has 70 BTC, or maybe he chose to sell a bit more bitcoin?

I am not sure what the fuck he needs to sell more bitcoin at around $100k, if he had already sold around $1.3 million worth over the years. What is his rush to sell any bitcoin at $100k?

He might even consider some of his earlier sales as screw ups.

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.

This part all makes sense in terms of we should not be assuming that normies are inclined to sell a bunch of their BTC at these prices, even if they might have had sold some of their BTC at various points int he past 10-ish years.

Actually even with my above example of a guy who might have had accumulated around 100 BTC in 2013 to 2015, the guy may have also continued to accumulate more BTC between 2015 and 2025, even though sure I was willing to go along with the example that claims the guy to have done the bulk of his BTC accumulation more than 10 years ago.

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.

The general tendencies is that a large number of governments try to blame all kinds of factors on the changes in the cost of living and why things are going up, when the fact of the matter is that they are engaging in the production of extra money as a way to fuck people over (to steal from normies without getting their consent). . .Sure there are some folks who benefit from such system, but it does not tend to be the overall population, but instead some folks who might be close to the money printer who might be getting free money or benefitting from the free money printing that many governments (some governments are more irresponsible than others) are carrying out to get money for free that others have to work for. .and yeah of course some kinds of work do have better bargaining power as compared with other jobs, and it is not always merit based to figure out how various jobs might benefit more than others and some jobs are stuck with flat wages or maybe even just small raises that are not enough to make up for the amounts of their rising costs.

[Sticky Bomb]

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.
This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

I think over accumulation should be measured in quantity and not market value. This is because if we continue to focus on market value we might make mistakes and unintentionally get even below our accumulation target.

You do have a target and that should be your main reference, even if you intend taking profit, be sure to only target taking profits from the quantity that keeps you in overaccumulations status. for example if you initially set out to accumulate 9BTC and you already have 10BTC, then it is obvious you are already in overaccumulation status, if you would take profits at all within your holding period(which I would not intentionally advise), you should focus on taking profits only out of the 1BTC that keeps you in over accumulation and that would be a better option instead of basing your judgement on the price increase.

[Derekfunds]

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.
This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

I think over accumulation should be measured in quantity and not market value. This is because if we continue to focus on market value we might make mistakes and unintentionally get even below our accumulation target.

You do have a target and that should be your main reference, even if you intend taking profit, be sure to only target taking profits from the quantity that keeps you in overaccumulations status. for example if you initially set out to accumulate 9BTC and you already have 10BTC, then it is obvious you are already in overaccumulation status, if you would take profits at all within your holding period(which I would not intentionally advise), you should focus on taking profits only out of the 1BTC that keeps you in over accumulation and that would be a better option instead of basing your judgement on the price increase.

Measuring our overaccumulation with market value seems weird and it some how shows lack of understanding. Target is really important because it is what drive or move people and another thing is determination and discipline, determination is what will make an investor wake up anytime they see or observe they are slacking in their pursuit. But then again,  some people have target and they are determined and disciplined but they don't have adequate or no resources to make it happen and in case like this it will become very hard to meet up.

[Lidger]

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.

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

[IceLincoln]

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.

Yeah I get how My point might seem contradicting with me saying buy/sell time is dependent on individual investment goals and also saying now is buy time (though I was responding to both comments above).
No Matter what we say on when to buy or sell the final decision lies with what an individual has planned, we can only just advice. So If I’m to give an advice of what to do considering the statement of the question “Given the period we're in is it buy time or sell time?” I’ll say NOW is buy time.

 Using 100k as a parameter because it was the last targeted ATH we experienced because most investors tend to sell partly after hitting a targeted ATH. So people who had held long must have already sold partly before now and are now trying to accumulate more. Hence, we’re past selling time.
I was only trying to create a base for my decision of saying why now it’s a buy time despite all the up and down movements.

[SuperBitMan]

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.

You are going to measure whether you reached overaccumulation status based on spot price?

So how are you going to manage that?

Changes in spot price is going to knock you out of overaccumulation status?

Sure, it is possible to have such a system, but you likely need to figure out some way of dealing with volatility.

I think that part of the reason that I like to assess overaccumulation based on the 200-WMA (and/or bottom prices) is because the 200-WMA has tended to continuously move up, and also the spot price is usually above the 200-WMA... so that gives a bit of additional cushion to attempt to deal with likely inevitable BTC price volatility.

I believe that it is not impossible to assess that you have reached overaccumuation status based on spot prices, but you have to figure out how to make sure that you are not falling in and out of overaccumulation status merely based on 5-10% price movements... so there likely needs to be some built in ways of dealing with such volatility, especially if you are largely planning to stay in bitcoin rather than put your money into inferior assets, such as the dollar, some other fiat or some dollar denominated asset that is also inevitably losing value.. and it seems that part of the reason to be attempting to value wealth and to keep wealth in bitcoin is because it seems that over the longer term it is holding its value better than fiat, even accounting for inflation and/or seemingly inevitable fiat debasement.

JJG the point I was trying to make there was that when someone has reached overaccumulation stage and he is ready to start selling his Bitcoin he should be doing that once the price doubled, I was finding it difficult to give a more simple explanation that was why I used that example in trying to explain when the price doubled one can sell but I didn't get the explanation very well.
Those that has reached overaccumulation stage can always wait till the price double before they sell so they won't finish up there Bitcoin investment, that means even in your overaccumulation stage you still have to be patient in selling in other to maintain and keep your investment going, so you can decide to sell 3%, 5%, 8% or 10% when ever the price of your Bitcoin doubles the choice is all yours.
It is true that as an investor you have the full right to sell your Bitcoin anyhow and in which way you wish to but if you want to keep your investment going that strategy will be of great help, is very bad to build an investment to a great height and still end up running it dry at once, that is not how an investment should be done.

And yes assessing overaccumulation based on the 200-WMA is very good, by above statement was the message I was trying to pass and not how to access one overaccumulation stage.
I think there's a thread you created and you gave good explanation of this matter.

[Stormisover]

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.

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

Both getting started and continuing to invest consistently have different levels of difficulties and in my own view it is much more easier to start investing than continuing to invest consistently while what is mostly important to know before getting requires getting the basic knowledge and figuring out the availability of a discretionary income to invest with, there is much more to deal with in ensuring a sustainable investment which is the continuing investment consistently you are talking about and this includes ensuring that there is a good income flow and the ability to control your emotions as an investor with the uncertainties that may happen.

[ejikeme24]

[Edited out]

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.

Well maybe that's how inflation work in your country, but I want to tell you that inflation has absolutely nothing to do with increase of income, rather it can only increase the price and fall in the purchasing value of money, that's in terms of buying and selling, the examples you gave here does not clarify the meaning of inflation. Now let me make this clear to you, if your income is 1000 fiat currency which is equivalent to $100.  after inflation, the rate May likely fall below $80, that is to show that those folks who are earning below this amount may be affected, as they will be struggling to figure out thier expenses at same time trying to maintain their ongoingly buying of bitcoin, due to the decrease in the value of fiat.

[Jostern]

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.

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

Like it has always been said those that wait tends to be people who are very lackadaisical in there decision, because I find it very strange that someone who has an interest to invest in Bitcoin will be waiting for a dip, well I must say they are not ready to invest in Bitcoin yet, considering that we have other methods and pattern for people who want to keep accumulating Bitcoin, there is a DCA method which can help an interested investor to accumulate gradually without hesitation provided that you've a discretionary income, Bitcoin has been made in such a way that someone who is a no coiner or a pleb will have the opportunity to accumulate a reasonable amount of Bitcoin in there portfolio,  and can continue accumulating and to hold, so I don't see any reason why someone who is interested to invest should be waiting for a dip because that is a no Brainer.

[Ricardo11]

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.

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

Like it has always been said those that wait tends to be people who are very lackadaisical in there decision, because I find it very strange that someone who has an interest to invest in Bitcoin will be waiting for a dip, well I must say they are not ready to invest in Bitcoin yet, considering that we have other methods and pattern for people who want to keep accumulating Bitcoin, there is a DCA method which can help an interested investor to accumulate gradually without hesitation provided that you've a discretionary income, Bitcoin has been made in such a way that someone who is a no coiner or a pleb will have the opportunity to accumulate a reasonable amount of Bitcoin in there portfolio,  and can continue accumulating and to hold, so I don't see any reason why someone who is interested to invest should be waiting for a dip because that is a no Brainer.

A person who waits for the price to fall to invest, undoubtedly, is not knowledgeable enough about Bitcoin, Bitcoin investment does not require deep knowledge, but certainly there is a need for such knowledge that at least we can make the right decision, in the same way, a person who has minimal correct knowledge about Bitcoin, he will never thinks about waiting to invest, because this is not the principle of Bitcoin investment, the principle of Bitcoin investment is that, if you have money to invest, invest immediately, there will always be price fluctuations, but in the long term Bitcoin will be successful, so there is no reason to worry about short-term volatility, this is a common thing, so you have to think about buying Bitcoin consistently by completely ignoring this price fluctuation issue, and for this DCA is the best decision.

[BTC_pokaop]

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

The more you delay investing in Bitcoin, the more you will fall behind. Bitcoin is an asset whose price will continue to increase day by day and will become very valuable in the future. Those who could not invest in the past will not benefit from regretting it, they should focus on the future, because if they do not invest now, they will regret it again in the future. So if you have an idea about Bitcoin, then do not delay, the more you delay, the more you will fall behind. So it can be said that we are still in the initial stage, because currently very few people in the world have come to know about Bitcoin. So if you have a plan to invest in Bitcoin, do not focus on the past, start investing by looking at the future. Remember that if you invest in Bitcoin now, you will definitely be able to profit in the future.

[Cpt_reader]

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.

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

You are right. This is what happened to me. When Bitcoin was at 25, I bought it and sold it at 45 and thought that this seemed to be the highest price. But I saw that it was gradually increasing. So I decided not to sell it anymore, I will buy a certain amount of Bitcoin every month from my income. Because Bitcoin has a bright future. Many people are buying Bitcoin instead of keeping money in the bank, because the profit potential is high here. Many countries are reserving Bitcoin. Big investors are buying Bitcoin, and many are saying that Bitcoin will reach 10 million one day. So I think the price of Bitcoin is still low, but after 5-10 years, I think the price of Bitcoin will be much higher. Although nothing can be said for sure in the crypto currency, if we look back at the past five to ten years, then we can understand how valuable Bitcoin is. The price of Bitcoin is increasing.

[BitBakerr1]

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.

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

You are right. This is what happened to me. When Bitcoin was at 25, I bought it and sold it at 45 and thought that this seemed to be the highest price. But I saw that it was gradually increasing. So I decided not to sell it anymore, I will buy a certain amount of Bitcoin every month from my income. Because Bitcoin has a bright future. Many people are buying Bitcoin instead of keeping money in the bank, because the profit potential is high here. Many countries are reserving Bitcoin. Big investors are buying Bitcoin, and many are saying that Bitcoin will reach 10 million one day. So I think the price of Bitcoin is still low, but after 5-10 years, I think the price of Bitcoin will be much higher. Although nothing can be said for sure in the crypto currency, if we look back at the past five to ten years, then we can understand how valuable Bitcoin is. The price of Bitcoin is increasing.

Cpt_reader I won't totally blame you for the action you took by buying when Bitcoin was $25k and then selling when it rose to $45k, because maybe by then you didn't have much knowledge about Bitcoin and again you never thought Bitcoin will increase more than the $45k, a lot of people has made this kind of mistake and some are regretting there action till date.
Some set of people had enough knowledge about Bitcoin but they still sold all there Bitcoin the moment they reached overaccumulation stage but later on when Bitcoin kept increasing in price they regret selling all there Bitcoin.

There are a lot of mistakes people make when there investing, mistakes they regret always and that is why you need to stay updated always and learn more strategies that you can use to bypass some things.
I believe those investors who are always active in this thread has really learnt a lot from each other and from JJG, for those who have reached overaccumulation stage and are ready to start selling they should apply the principal or strategy of selling 10% of there Bitcoin when it doubles, and for those who are wanting to accumulate gradually and hold for long term DCA strategy is the best, and again you need to have a backup funds which are emergency, reserve and float funds.
This and more investment strategy we learn here.

[Finebone]

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.

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment. 

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

You are right. This is what happened to me. When Bitcoin was at 25, I bought it and sold it at 45 and thought that this seemed to be the highest price. But I saw that it was gradually increasing. So I decided not to sell it anymore,

This is the main reason sir JJG has strongly kick against selling for smaller gains because by doing so you might miss that big jump in value Bitcoin normally does when it's about to set a new all time high, and the set of people that falls for this the  most are traders, that's why they can never makes as much as an investor in a longer duration like 10 years or more when talking about Bitcoin, I just hope that you learn from this, and sees it as something that will spour you to develop a strong holding hands.

[Gost ms]

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.

It is never a good idea to wait to start investing. If you have a stable income and if you have basic knowledge about Bitcoin, then you can start investing immediately. A real investor will never wait for a fall to invest, those who wait for a fall are basically businesses. If you do not have an emergency fund before investing, then create an emergency fund along with the investment. So that you can protect your holdings from unexpected financial disasters.

An investor can use the fall if he wants. For example, if a person continues to buy continuously using the DCA method and if he sees a fall in the market, he can buy at that time in the DIP way.

It will never be right to sell their holdings until the investment period ends. You have to be patient until the investment period ends. Remember one quota that patience always does not cheat people but gives the best gift of good times.

[Tungbulu]

This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

Surely each of us can have differing goals, yet I would think that many of us should not be planning to spend 4-10 years or longer to get to overaccumulation status and then to knock ourself out of such overaccumulation status.. merely because of sloppiness, inabilities to control our consumption and/or not being able to recognize and/or appreciate the value of his investment into bitcoin.. especially since it is likely that if we are in bitcoin, then we have already come to realize that bitcoin is amongst the best of investments if not the best of investments, so then why would we want to purposefully take ourself out of such investment either to put ourself into inferior investments or to engage in consumption that we feel that we are not able to control ourselves in such in terms of devolving into living beyond our means, which seems to be part of your build-in assumption SuperBitMan that justifies the spending of your bitcoin rather than engaging in deferred gratification and/or figuring out how to engage in sustainable withdrawal within your means rather than wanting to live outside of your means.  Again, surely it is your choice to squander away your wealth status by lack of foresight or insights regarding hte nature of the matter and/or the value of bitcoin.

I agree. It makes absolutely zero sense to spend several years to accumulate Bitcoin, just to undo the whole progress all because impulsive spending and/or poor financial planning. If we've really acknowledged Bitcoin's potential as a reliable form of investment, then it's only logical to prioritize long term strategy over whatever benefits we feel we'd achieve within the short term.

It becomes pretty easy to maximize the actual benefits of our investments when we learn to exercise self control, as well as adopting a sustainable approach to effectively manage our wealth. I believe it's more about being mindful of our financial goals and objectives and also move further towards ensuring that we make informed decisions that pretty much aligns with those goals and objectives. Even if it means that we have to set clear boundaries around our spending habit, completely avoiding making certain emotional decisions as a result of the fluctuations in the market and lastly, focus more on the long term potential for growth of Bitcoin.

Having a well thought out strategy will not only help us make more informed decisions but also help us effectively navigate the ups and downs of the market, in order to avoid making common mistakes with severe consequences. This is also a pretty great way of ensuring that our investment continues to grow overtime and also provide us the financial freedom that we desire.
And finally, we need to understand that all this is about striking a balance between being responsible stewards of our funds/wealth and enjoying the benefits of our investments.