Buy Buy Buy or Sell Sell Sell?

[Stormisover]

Such people clearly misunderstand the concept of investment and don't fully grasp Bitcoin's potential. Their only concern is how to make a significant profit in a short time. I believe most investors who wait for Bitcoin's price to drop and then buy have this mindset. However, this is an incorrect mindset, as investing in Bitcoin, when we talk about potential, is certainly different from other investment assets like stocks or other assets. Bitcoin has the potential to continue to rise in price, as its limited supply of coins will cause its price to soar. Furthermore, Bitcoin's security has been proven to be excellent, making it arguably the king of digital assets today. The factors that will drive Bitcoin's price to rise are due to the changing times. Bitcoin is a digital asset, and it aligns with the modern era. Most importantly, Bitcoin is an excellent store of value. Therefore, many people will be interested in and invest in Bitcoin. Therefore, its price will likely continue to rise.

Bitcoin's price has been increasing since its inception. I can learn from past history that Bitcoin is an asset that does not need to wait for its price to decrease. As the population in the world is increasing, the price of land is increasing. Because people need land to settle. And that is why the price of land will never decrease. Although it is sometimes seen that the price of Bitcoin has decreased, but if you compare it from 2009 to the present time, has the price of Bitcoin actually decreased? Everyone will say no, 2009-10-11-12 Bitcoin was very low at that time, but gradually Bitcoin has become very valuable now. If the price of Bitcoin continues to increase in this way, then reaching one million in 2050 is not a matter. People are becoming aware and are investing in Bitcoin. So say buy buy, not sell sell.

Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.

What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.

Have you bought it? You should have done so during previous downturns.

Buying now is not also bad provided that you are buying it to hold for long term purpose, the encouragement should be to buy at any time regardless of the price, a no or  low coiner should not be given the priority to buying Bitcoin in downturns since the price can very unpredictable.

Anyone who witnessed the bitcoin price action within the past 24 hours will understand that bitcoin has a lot to offer in the future. Bitcoin is currently building a strong resistance which it has exhibited recently.  Anyone who's still  waiting without investing or planning to sell mus be making a huge mistake. This period is for buying more and more bitcoin and if not buys, at least, there should be no sales. Holding your already accumulated bitcoin and/or buying more should be the way forward now.

Off course it has a lot of potential in it but what happened in past 24 hours plus in reality is volatility in action, as a matter of fact it is what it is, those that understand that bitcoin has a future in it has never failed to invest in it no matter what, they set of persons that has always complain are those that are in for quick profit and the keep getting dispointed, it is unfortunate that i still see people complain about bitcoin price being very high and because of that they wouldn't want to buy now because they are waiting for the dip, isn't this funny, why will someone decide to be a temptation to himself, who told them them that even though they price dips, it will dip to the level they want to, so as to enable them invest as they want it, it obvious that some folks are still ignorant of bitcoin investment at this stage but what we do rather than preaching it as it is to their hearing so that they won't have any other excuse to give when they fail to take up the responsibility, the time to buy is now, no further procrastination.

No matter how you preach Bitcoin to some person they will never agree to buy Bitcoin and that is their choice and their also those that you will only say a little about Bitcoin to them they will go ahead to study more about it on their own and take advantage of their learning and can take it more seriously than you that that said little about Bitcoin to them, you don't have to break your head trying to preach Bitcoin to anyone focus more on what you can do for yourself and let you testimony speak Bitcoin is not begging anyone to invest in it for it to be called Bitcoin.

[SilverCryptoBullet]

No matter how you preach Bitcoin to some person they will never agree to buy Bitcoin and that is their choice and their also those that you will only say a little about Bitcoin to them they will go ahead to study more about it on their own and take advantage of their learning and can take it more seriously than you that that said little about Bitcoin to them, you don't have to break your head trying to preach Bitcoin to anyone focus more on what you can do for yourself and let you testimony speak Bitcoin is not begging anyone to invest in it for it to be called Bitcoin.

If buying bitcoin is not from personal interest and decision but under pressure of anyone else, it's not good and Bitcoin will no longer be good and attractive with many people. Being own banks, having freedom, privacy and somewhat anonymity are many things that make Bitcoin attractive and valuable.

If you want to contribute to Bitcoin adoption growth by education about it, it's good but you have no responsibility to bring new buyers, investors to Bitcoin market. When people understand about Bitcoin, and aware of the bullish case for Bitcoin, they will do investment very organically without pressure from anyone else.

[Pandorak]

Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.

What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.

Have you bought it? You should have done so during previous downturns.

Price fluctuations will always occur at any time, even if you wonder whether it is too late to buy Bitcoin. I dare say no, there is no such thing as too late, even if the price has reached a record high. In fact, this should motivate you to continue increasing your Bitcoin holdings, remain consistent, and stick to the principle of buying regardless of the situation and price. Because you are not a trader who buys when prices are low and sells when prices rise, as is happening now. Your primary focus is the long term, so as long as your discretionary income is available, there is no reason to stop buying.

[danadc]

No matter how you preach Bitcoin to some person they will never agree to buy Bitcoin and that is their choice and their also those that you will only say a little about Bitcoin to them they will go ahead to study more about it on their own and take advantage of their learning and can take it more seriously than you that that said little about Bitcoin to them, you don't have to break your head trying to preach Bitcoin to anyone focus more on what you can do for yourself and let you testimony speak Bitcoin is not begging anyone to invest in it for it to be called Bitcoin.

If buying bitcoin is not from personal interest and decision but under pressure of anyone else, it's not good and Bitcoin will no longer be good and attractive with many people. Being own banks, having freedom, privacy and somewhat anonymity are many things that make Bitcoin attractive and valuable.

If you want to contribute to Bitcoin adoption growth by education about it, it's good but you have no responsibility to bring new buyers, investors to Bitcoin market. When people understand about Bitcoin, and aware of the bullish case for Bitcoin, they will do investment very organically without pressure from anyone else.

Some people want to help the adoption , but you have to be calm, the person alone will realize the potential of btc, and pro news, social networks and everything that is to make money, people see it and they alone will investigate, but if on the recommendation of a friend tells another to buy btc and that friend does it, in the moment he sees his investment when a lot of time goes by and he sees that he has a great amount of money because that friend will love that friend who told him to buy without knowing what he was getting into, in fact there are no more friends like that who tell you a business to make money considering that in the world there are more selfish people, toxic people, only a few. I am not sure if they are toxic, just a few, so everything that is done in favor of btc is welcome.

[Bluedrem]

Well, I feel that this  is going to motivate them to get started because Majority of this guys was doubting the potential of bitcoin some years back, surely guys will be overwhelmed when they meet the market in this current state at same time being motivated.

perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.

Those who think that the days of investing in Bitcoin are long gone are now too late to invest. They may not have been aware of Bitcoin at the time they were actually intending to buy it. They are disappointed to see the record of Bitcoin prices that if they could have bought Bitcoin earlier, they would have benefited so much now. Honestly, how can I invest in something that I do not know about? Yes, there are many who have seen the initial prices of Bitcoin but they could not trust it, they may now express disappointment because everything is happening before their eyes. However, they should have learned from their previous mistakes earlier and should have started investing in Bitcoin without delay if there was a discretionary law.
And those who have come to know about Bitcoin at the present time, I will say that your expression of disappointment may make you further delay from investing in Bitcoin. My advice to you is if you have a discretionary mind, then start buying Bitcoin according to your ability now. There is still immense potential for storing money in Bitcoin.

Surely it's not good to sell all the Bitcoin in our portfolio to build house in the future. Although building of house is another type of owning an asset or another form of diversification but we shouldn't overdo it.

Housing is a fundamental human right. Every person wants to fulfill his basic needs before investing. When a person has a reasonable income after fulfilling his basic needs, he invests it.
If he does not do so, he invests from the funds he has to fulfill his basic needs, then most of the time he cannot maintain his investment portfolio.
Depositing Bitcoin for a house can definitely be a sign of a good investor because he can lose the invested Bitcoins very quickly before reaching the desired goal due to his housing needs.

[JayJuanGee]

perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.

First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about, even though Bitcoin price touches down to $200k as you said those that couldn't by then may still want to buy because they now understand better that what they are actually looking at is not the immediate price rather it is the future that matters, at any point in time, anyone can actually invest, if those that couldn't invest at a low price keep giving themselves excuses, them just know that they weren't actually ready to invest but as for someone that has learnt his or her lesson I think there's nothing anyone will tell him to deter him from investing in Bitcoin even when the price is high.

When bitcoin touches $200k, $2 million and/or even $20 million and higher, anyone who happens to be a no coiner or a low coiner at that time, has no choice, except to buy bitcoin in order to prepare for up and to save their value in something that holds or appreciates in value... otherwise they are not prepared for up... so yeah, it is too bad if they had not actually prepared earlier.. but that is likely the way that we are going to continue to go in regards to bitcoin.. with the low coiners and no coiners continuing to have to buy at higher and higher prices in order to change their status into being an actual coiner, which it likely where many folks are going to need/want to be, at some point, sooner or later, especially if they want to build and/or preserve wealth rather than having to always be working to get money and their savings not sufficiently holding value.

Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.

What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.

Have you bought it? You should have done so during previous downturns.

Actually, we can't really tell anyone about the future, but we have to move forward with our future plans. People don't believe in breathing, so they can die at any time, so why don't they plan for the future? Of course, we should save thinking about the future. And for this, I think Bitcoin is good. Yes, I bought it and set a target, I will buy a little bit every month. I won't think about selling it. It would be good if it were in 2030, but it is not possible to say whether it will happen so soon, although the demand for Bitcoin is increasing day by day. So the price will also increase day by day, supply is low, demand is high, so it is natural for the price to increase.

It seems that the odds are pretty high that bitcoin will at least touch $1million and higher by 2030.  It might not stay above that price, and surely it could even end up touching $1 million by this year or next year.. It can be difficult to know with any level of confidence, which does not take away from the idea that guys likely need to be accumulating bitcoin at any price at least for a good 4 years or longer...and yeah, of course, guys have to judge for themselves what to do, and then to be the ones who experience the consequences of their actions (or their non-actions).

perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.

First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about,

There is nothing like late entry in bitcoin investment, when you have funds to buy and hold bitcoin, Once you have the funds in your hand or bank account, you can buy bitcoin from the market without considering the current price in the market, I know some of my friends who was waiting for the price of bitcoin to decrease in this month of July before they can buy bitcoin base on they are not financial buoyant, but the price of bitcoin increased to $118k yesterday that surprised those my friends, As I said before, there is nothing like late entry to bitcoin, all you need to be ready to buy bitcoin at anytime, is to make sure you have your funds ready to buy bitcoin as much you want.

Your example shows that people frequently get themselves into a pickle, and it is better to be ongoingly buying bitcoin for anyone who is a no coiner or a low coiner.  Even some guys will choose to hold back some value for buying dips and that might not necessarily be a good idea, rather than just ongoingly buying.  Each person has to figure out for himself the extent to which he might choose to hold back some value for buying on dips rather than just buying regularly with whatever they have available.

Maybe we might see 1M price target in the near future like it’s not a dream a anymore.

Surely when $1 million was further away, it was seeming difficult to reach, yet we have had bitcoin price runs that had been far greater than 64x within a cycle, even if we count $15,479 from November 2022 as our bottom.. .. which seems like an artificially low jumping off point.

If we count 2015 prices of $250 as the jumping off point for the 2017 run that topped at $19,666 - that is a 78x price appreciation

If we count 2019 prices of $4,200 as the jumping off point for the 2021 price run that is still a 16x appreciation

I personally think that something like $27k in October 2023 would be a more appropriate jumping off point for this particular run (rather than the $15,479 bottom price), so then right now with our most recent high of $118,839, that would be deemed as merely a 4.4x price appreciation for this run so far, and so a 10x run would bring us to $270,000, and $1 million would constitute about a 37x price appreciation, which does not seem completely out of reach, even if many of us would be quite surprised with such a price run for this particular cycle since we are already through half of 2025 so it can be hard to determine if the run is still gaining momentum or if we might lose some of our UPpity BTC price momentum at some point in the near future. 

[ChocolateBitcoinK]

Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.

What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.

Have you bought it? You should have done so during previous downturns.

Price fluctuations will always occur at any time, even if you wonder whether it is too late to buy Bitcoin. I dare say no, there is no such thing as too late, even if the price has reached a record high. In fact, this should motivate you to continue increasing your Bitcoin holdings, remain consistent, and stick to the principle of buying regardless of the situation and price. Because you are not a trader who buys when prices are low and sells when prices rise, as is happening now. Your primary focus is the long term, so as long as your discretionary income is available, there is no reason to stop buying.

There is no such thing as being late in buying Bitcoin, no matter what the price is, maintaining consistency and seeing every moment as an opportunity, this is the identity of a responsible investor. You should never think about selling but always about accumulating, no matter whether the price goes up or down a lot, you should follow your DCA and keep buying consistently. A real investor never watches the market situation, rather he keeps investing consistently in a disciplined manner. So the main thing is to hold on, if you have the ability then you should hold on as long as possible, if you have the ability or the convenience you should never keep yourself away from holding Bitcoin, because it will not give you anything significant in the short term or in cash, but it is definitely capable of creating a big financial foundation for you in the future. And it can bring you a level of success in the future that you may never expect, so there is a very extraordinary potential for success in the future, so it would never be wise to miss out on this potential, Bitcoin is the most successful investment compared to all other types of investments and it is certainly less risky in the long run, so if you can afford it, you should definitely holding Bitcoin.

[CageMabok]

...

...

...

Bitcoin is a store of value and has been proven already. There's never a better tomorrow in bitcoin investment. You may not invest today in bitcoin but let it not be because you are hoping that bitcoin price would eventually drop at any of your expected period. If anyone is still waiting for dips  before he buys, remember that some people waited for bitcoin to fall to $70k after crossing the $100k swiftly which never happened. Here we are at near $120k. I think bitcoin investment will become more fun to invest in when investors begin to realise that bitcoin is almost a no lost long term investment practice.

Bitcoin has long been considered a long-term investment by most investors with larger sums of money, and now this trend is spreading to several large companies and even countries, as they realize that Bitcoin is indeed a viable long-term investment and can provide greater returns for its holders. So, for individuals like us, or for everyone else out there, it's a good idea to follow the lead of many past Bitcoin investors, because we all know that Bitcoin can offer more and change everyone's life for the better if they believe in it.

And if there are still people waiting for a price drop to buy Bitcoin, or people who still doubt Bitcoin even though they know it's already so good, that means they don't really want to own Bitcoin. Therefore, I personally don't care much for such people, because they won't be able to provide much benefit to others or even themselves in life.

[Joy- maker]

There is no such thing as being late in buying Bitcoin, no matter what the price is, maintaining consistency and seeing every moment as an opportunity, this is the identity of a responsible investor.

I agree with you no such thing as being late in buying bitcoin if your mindset is long bitcoin holding. you can invest in bitcoin at anytime just forget about the current price of bitcoin and get started right away and be consistent in buying bitcoin with your discretionary income trust me you will see yourself accumulating a good portion of bitcoin to hold for long term, less say 4 to 10 years or longer. Bitcoin is already a store of with potential returns so if you buy now and stay committed in buying bitcoin continuously and hold for long term you will definitely make massive profits on the long run.

Just take a look at bitcoin price currently and imagine how profitable those who bought bitcoin 4 years back, 10 years back, even 15 years back will be at this bitcoin current price.

[BTC_pokaop]

Bitcoin has long been considered a long-term investment by most investors with larger sums of money, and now this trend is spreading to several large companies and even countries, as they realize that Bitcoin is indeed a viable long-term investment and can provide greater returns for its holders. So, for individuals like us, or for everyone else out there, it's a good idea to follow the lead of many past Bitcoin investors, because we all know that Bitcoin can offer more and change everyone's life for the better if they believe in it.

And if there are still people waiting for a price drop to buy Bitcoin, or people who still doubt Bitcoin even though they know it's already so good, that means they don't really want to own Bitcoin. Therefore, I personally don't care much for such people, because they won't be able to provide much benefit to others or even themselves in life.

The person who follows successful people is the smart one. So those who invested in Bitcoin and held it for a long time and became successful people, we should be inspired by them. For example, the country of El Salvador has started accumulating Bitcoin for a long time and currently they are seeing more than 400 million dollars in profit from their investment. Now we cannot all be like them and cannot invest the same amount of money as them, but by following them we can make long-term plans.

Those who do not want to own Bitcoin, maybe they are ignorant about Bitcoin or do not have the right idea about Bitcoin. So if you see such people, try to give them the right idea about Bitcoin. Still, those who do not want to invest, they will definitely regret it in the future. You will see those who knew about Bitcoin before but did not invest are regretting it now. So if you do not want to regret it in the future, start accumulating Bitcoin now.

[IceLincoln]

[Edited out]

Those who think that the days of investing in Bitcoin are long gone are now too late to invest. They may not have been aware of Bitcoin at the time they were actually intending to buy it. They are disappointed to see the record of Bitcoin prices that if they could have bought Bitcoin earlier, they would have benefited so much now. Honestly, how can I invest in something that I do not know about? Yes, there are many who have seen the initial prices of Bitcoin but they could not trust it, they may now express disappointment because everything is happening before their eyes. However, they should have learned from their previous mistakes earlier and should have started investing in Bitcoin without delay if there was a discretionary law.
And those who have come to know about Bitcoin at the present time, I will say that your expression of disappointment may make you further delay from investing in Bitcoin. My advice to you is if you have a discretionary mind, then start buying Bitcoin according to your ability now. There is still immense potential for storing money in Bitcoin.
needs.

Bluedrem I don’t know if you’ve been reading through the replies before yours or you just come to comment your own opinion ? A lot of folks has been saying that it’s never too late to buy with good reason (which is very CORRECT) even for those people who might be regretting. There’s no point crying over spilled milk, all they can do is man up and buy regularly consistently and maybe even aggressively as much as their discretionary money can carry. People regret because we’re humans so we feel we’ve missed a good opportunity but it’s important to know that everyday, every time is an opportunity in bitcoin investment.

Housing is a fundamental human right. Every person wants to fulfill his basic needs before investing. When a person has a reasonable income after fulfilling his basic needs, he invests it.
If he does not do so, he invests from the funds he has to fulfill his basic needs, then most of the time he cannot maintain his investment portfolio.
Depositing Bitcoin for a house can definitely be a sign of a good investor because he can lose the invested Bitcoins very quickly before reaching the desired goal due to his housing.

I don’t understand how you would say this,(the bolded words)  in one sentence you’re contradicting yourself is it that you don’t understand what you’re saying or what ?
I don’t know about others but most of the time I find it hard understanding what you’re saying or trying to say.
And some of the terms you use!…, I don’t know if there’s anything as discretionary law or mind….. someone please inform me what it is?

[Ryu_Ar1]

No matter how you preach Bitcoin to some person they will never agree to buy Bitcoin and that is their choice and their also those that you will only say a little about Bitcoin to them they will go ahead to study more about it on their own and take advantage of their learning and can take it more seriously than you that that said little about Bitcoin to them, you don't have to break your head trying to preach Bitcoin to anyone focus more on what you can do for yourself and let you testimony speak Bitcoin is not begging anyone to invest in it for it to be called Bitcoin.

In fact, for me, the narrative has been slightly reversed. We don't need to preach or even bother looking for people to get involved in Bitcoin. In fact, people want to get involved in Bitcoin, and are looking for someone who understands how to get involved.
Maybe not elsewhere, but right now, it's the same in my area. Even those closest to me, like my colleagues, are doing the same thing and asking me questions. In this case, I tend to direct them to those who are more knowledgeable, as I'm aware of my capacity to provide a deeper understanding of Bitcoin, as I'm still learning. So, while sharing information is possible, I'll leave it to those who are more knowledgeable.

I'm quite certain that this kind of thing (where many people are interested in seeking Bitcoin information) isn't just happening in my area, but it could be happening in other areas as well.

Although their perceptions may differ, especially given their continued focus on price, which is their primary goal in Bitcoin, I believe that as long as they are willing to learn from the ground up and develop a slightly different mindset from their initial goal (where they were only seeking instant money), I believe they will eventually see progress, and they may be quite serious about it.

So, for now, we don't need to bother directly informing or promoting Bitcoin. Ultimately, with Bitcoin becoming more widely known, even without promotion or preaching, those who are truly serious will come.

[JayJuanGee]

Housing is a fundamental human right. Every person wants to fulfill his basic needs before investing. When a person has a reasonable income after fulfilling his basic needs, he invests it.
If he does not do so, he invests from the funds he has to fulfill his basic needs, then most of the time he cannot maintain his investment portfolio.
Depositing Bitcoin for a house can definitely be a sign of a good investor because he can lose the invested Bitcoins very quickly before reaching the desired goal due to his housing.

I don’t understand how you would say this,(the bolded words)  in one sentence you’re contradicting yourself is it that you don’t understand what you’re saying or what ?
I don’t know about others but most of the time I find it hard understanding what you’re saying or trying to say.
And some of the terms you use!…, I don’t know if there’s anything as discretionary law or mind….. someone please inform me what it is?

If he is suggesting that there are some difficulties to invest in bitcoin when a person might also be wanting to purchase his residential real estate, so there could be difficulties doing both or even choosing bitcoin over residential property.

Of course, bitcoin has outperformed real estate in the past, and there is no reason to believe that bitcoin is not going to continue to outperform real estate, even though people will still get distracted into wanting to own real estate, and maybe jumping into property too soon rather than buying bitcoin since maybe they don't have enough money to invest in both, even though bitcoin surely does not require as much of a commitment and so bitcoin can be invested into in smaller amounts, as compared with the kinds of obligations and costs that come from owning real estate that might include financing it (perhaps even requiring a large downpayment), closing costs, taxes, insurance and maintenance costs..

[Bluedrem]

Housing is a fundamental human right. Every person wants to fulfill his basic needs before investing. When a person has a reasonable income after fulfilling his basic needs, he invests it.
If he does not do so, he invests from the funds he has to fulfill his basic needs, then most of the time he cannot maintain his investment portfolio.
Depositing Bitcoin for a house can definitely be a sign of a good investor because he can lose the invested Bitcoins very quickly before reaching the desired goal due to his housing.

I don’t understand how you would say this,(the bolded words)  in one sentence you’re contradicting yourself is it that you don’t understand what you’re saying or what ?
I don’t know about others but most of the time I find it hard understanding what you’re saying or trying to say.
And some of the terms you use!…, I don’t know if there’s anything as discretionary law or mind….. someone please inform me what it is?

Hello lceLincoin Sorry for not understanding what I said here.
I said - if you deposit Bitcoin for the purpose of building a house, then it will not be possible to achieve the desired goal that you hope to achieve with Bitcoin.
Because currently you do not have a house.
The need for housing will force you to sell your deposited Bitcoin.

For example, suppose you have some money which was enough to build a house. Or you are planning that you need a house next year, so you start depositing money in Bitcoin from now. You may not get the desired profit from Bitcoin in this one year, the price of Bitcoin may also decrease in this one year.
That is why people talk about long-term investment in Bitcoin. As our JJG sir has been saying all the time.

[laijsica]

perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.

First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about, even though Bitcoin price touches down to $200k as you said those that couldn't by then may still want to buy because they now understand better that what they are actually looking at is not the immediate price rather it is the future that matters, at any point in time, anyone can actually invest, if those that couldn't invest at a low price keep giving themselves excuses, them just know that they weren't actually ready to invest but as for someone that has learnt his or her lesson I think there's nothing anyone will tell him to deter him from investing in Bitcoin even when the price is high.

There is no such thing as a late entry into bitcoin, whichever time that we’ve a discretionary income we can always buy bitcoin and accumulate bitcoin, which ever time that you now realize and you feel comfortable of starting your investment, now is always the right time not considering what the price of bitcoin is because whichever price that bitcoin gets to 150k or higher there is always an opportunity to invest and keep accumulating bitcoin instead of waiting for a dip, and it’s wise that we should always invest in bitcoin using a discretionary income, which can help us to manage and sustain our investments, perhaps those that think that because the price of bitcoin is high, well you don’t have to worry about the price because you can always invest and accumulate with DCA method and be accumulating little by little instead of waiting for an unpredictable bitcoin dip.

Bitcoin is a store of value and has been proven already. There's never a better tomorrow in bitcoin investment. You may not invest today in bitcoin but let it not be because you are hoping that bitcoin price would eventually drop at any of your expected period. If anyone is still waiting for dips  before he buys, remember that some people waited for bitcoin to fall to $70k after crossing the $100k swiftly which never happened. Here we are at near $120k. I think bitcoin investment will become more fun to invest in when investors begin to realise that bitcoin is almost a no lost long term investment practice.

Yes, you are right. Bitcoin accumulation have become a fun topic for investors, but what we need to remember is that it may or may not fall in price, but what we should focus on is to continue accumulation. There is no doubt that Bitcoin is a store of value. Since the US election earlier this year, several ATH have been crossed or broken the price record, which indicates a positive trend in our future price. After crossing 100k during the US election, the selling price dropped to around 80k and then started to rise again. We need to be ready for every stage of Bitcoin price whether it is an upward or downward price trend. Therefore, regardless of the price we should accumulation continuously through discretionary income.

It is really surprising that if you started Bitcoin a year ago and if the average value of the Bitcoin holdings you have is 70k, then you are very profitable according to the current price. But have you considered another thing that if you decide to sell Bitcoin despite your ability then it can be a big mistake for investment because it is conceivable that given the current situation the possibility of Bitcoin price going from 180k - 200k this year is very high. So smart investing is to make regular Bitcoin from discretionary Income in any price situation. Each cycle will show you huge potential and you will be surprised.

[Tonimez]

Housing is a fundamental human right. Every person wants to fulfill his basic needs before investing. When a person has a reasonable income after fulfilling his basic needs, he invests it.
If he does not do so, he invests from the funds he has to fulfill his basic needs, then most of the time he cannot maintain his investment portfolio.
Depositing Bitcoin for a house can definitely be a sign of a good investor because he can lose the invested Bitcoins very quickly before reaching the desired goal due to his housing.

I don’t understand how you would say this,(the bolded words)  in one sentence you’re contradicting yourself is it that you don’t understand what you’re saying or what ?
I don’t know about others but most of the time I find it hard understanding what you’re saying or trying to say.
And some of the terms you use!…, I don’t know if there’s anything as discretionary law or mind….. someone please inform me what it is?

If he is suggesting that there are some difficulties to invest in bitcoin when a person might also be wanting to purchase his residential real estate, so there could be difficulties doing both or even choosing bitcoin over residential property.

Of course, bitcoin has outperformed real estate in the past, and there is no reason to believe that bitcoin is not going to continue to outperform real estate, even though people will still get distracted into wanting to own real estate, and maybe jumping into property too soon rather than buying bitcoin since maybe they don't have enough money to invest in both, even though bitcoin surely does not require as much of a commitment and so bitcoin can be invested into in smaller amounts, as compared with the kinds of obligations and costs that come from owning real estate that might include financing it (perhaps even requiring a large downpayment), closing costs, taxes, insurance and maintenance costs..

On the contrary I think he was actually trying to encourage getting a personal residence before investing in bitcoin as (according to him) residential home is a basic need (which is also not wrong). But saving up funds for your real estate is not a very easy one that you can wake up and gather enough funds to raise a structure of buy a dream home. So is this not an indication that you invest in bitcoin before buying or building a residential home? A person who got employed newly could require nearly 10 years to save up an amount to give him a dream home (depending on the job and pay).

If someone targets 10 years from his employment date to have a dream home, it's wiser to invest in bitcoin over at least 2 bitcoin cycles before the 10 years plan possibly by DCA which could eventually open you up to saving enough money and making gains on such funds to assist you in acquiring your home. Residential home is a necessity and a basic human needs but it's not also what anyone can rush into or easily raise the funds enough to get one.

[harapan]

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

I want to believe that you are referring to bitcoin. Therefore, if you think long term, you are in the buy and hold period. If you think short term you are in the panic and sell period.

This is the best way I can think of it.

Yes, Bitcoin is the context.
😂😂 Everybody on here relates selling off Bitcoin with panicking.

One thing is buying and another is being able to keep up to it, cause most traders and investors tend to get affected by the price alterations and fluctuations and they sell off at a rate they ought not to cause they are scared of getting a loss. So don't be a panic seller at any cost Bitcoin is the way.

[Barikui1]

Yes, you are right. Bitcoin accumulation have become a fun topic for investors, but what we need to remember is that it may or may not fall in price, but what we should focus on is to continue accumulation. There is no doubt that Bitcoin is a store of value. Since the US election earlier this year, several ATH have been crossed or broken the price record, which indicates a positive trend in our future price. After crossing 100k during the US election, the selling price dropped to around 80k and then started to rise again. We need to be ready for every stage of Bitcoin price whether it is an upward or downward price trend. Therefore, regardless of the price we should accumulation continuously through discretionary income.

It is only traders or those that lacks knowledge about Bitcoin and it potential that will not take notice that Bitcoin is on the rise, that's why buying and accumulating Bitcoin now that it's very cheap is the ideal way to go about your Bitcoin investment plan, some Investors might think that $118k is too expensive, but that was how it seems like when it was just $100k, now $100k looks like a big bargain, so buying now regardless of it current price is the best decision an investor will ever make because in like 10 to 20 years time from now, getting Bitcoin at $500k might looks like a big steal if care is not taken, so it's best to act now that it's still pretty cheap.

[jems]

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

I want to believe that you are referring to bitcoin. Therefore, if you think long term, you are in the buy and hold period. If you think short term you are in the panic and sell period.

This is the best way I can think of it.

Yes, Bitcoin is the context.
😂😂 Everybody on here relates selling off Bitcoin with panicking.

One thing is buying and another is being able to keep up to it, cause most traders and investors tend to get affected by the price alterations and fluctuations and they sell off at a rate they ought not to cause they are scared of getting a loss. So don't be a panic seller at any cost Bitcoin is the way.

For those who have been familiar with or studying Bitcoin for a long time, I don't think panic selling will lead to losses. In fact, holding Bitcoin for a long period of time will yield significant profits. I think everyone knows this, but if someone sells their Bitcoin holdings early, it could be for other, more personal reasons.

Bitcoin is currently at its peak. Just a few days ago, we saw its latest all-time high. However, that doesn't mean we should stop buying. Instead, consider the possibility that this will continue in the future, creating a strong incentive to continue buying Bitcoin to avoid regrets when the same thing happens again.

[Futurexxx]

One thing is buying and another is being able to keep up to it, cause most traders and investors tend to get affected by the price alterations and fluctuations and they sell off at a rate they ought not to cause they are scared of getting a loss. So don't be a panic seller at any cost Bitcoin is the way.

For those who have been familiar with or studying Bitcoin for a long time, I don't think panic selling will lead to losses.

I am still trying to understand what you mean by this, or if it's a mistake or not, but I just want you to know that Panic selling is the fastest possible way to waste all your holdings, besides why would you be even be selling in panic when you are actually holding for a long period of time?
Those guys that sold in panic when Bitcoin dropped to $90k, they will certainly be in big regret right now that Bitcoin has gone up to $118k, so selling in panic can never be an option for someone that knows the potential of Bitcoin.

Bitcoin is currently at its peak. Just a few days ago, we saw its latest all-time high. However, that doesn't mean we should stop buying.

As for this statement here, I think that you are terribly wrong, Bitcoin is nowhere near it peak price because it adoption rate is still pretty low comparing to world population, so I am quite certain that as more people adopt it, that is how it value is going to skyrocket in the nearest future, so what am trying to say is that Bitcoin is no where near it peak price because the last Bitcoin has not been mine yet and the adoption is still not yet at it peak for you to think that the price of Bitcoin is at it peak already.