Buy Buy Buy or Sell Sell Sell?

[Olatundespo]

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.

You are right that Bitcoin is still very cheap. The argument for this is that just a few months ago when it was worth $50k or $60k, some investors were expecting a lower price and thought it was expensive to buy at that price. Look at the price of Bitcoin now jumping to cross $120k. Even now, they will comment on the price of Bitcoin in the same way that it will decrease further or they will regret that it was very logical for them to buy at that time. The reality is that your satisfaction in the investment market can be greatly expanded by following the DCA method regularly. If you invest Bitcoin regularly through prudent income, you will not have any regrets about investing. Your plan should be set to continue saving until you are able to earn (until retirement). Maybe you can get two or three or more cycles at that time an if the price of Bitcoin is $500k to $1000K then it will also surprising ! So you should continue accumulate Bitcoin for long-term investment. Currently the price of Bitcoin is still within your reach meaning it is relatively very cheap.

[Tonimez]

[Edited out]

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.

With the rate bitcoin is moving by day, it is possible that $500k could be a sort after dip in the next 10 to 20 years to come. If only investors can understand that bitcoin has come to stay and do things right. This period would definitely be the traders time since price hike is often. There's greater chances of buying costlier after selling off your bitcoin stash. So why not maintain the buy buy stage. This is not the right time to sell even if you've invested at $73k previous dip. That does not also make you stay off from accumulating bitcoin this period since the price is still closely moderate and low in all.

[Edited out]

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.

How do you mean that Panic selling does not lead to losses if you have been studying bitcoin for a long time?? Panic selling is unplanned and happens when fear sets in. Panic selling could land you in great losses if you wish to remain in the bitcoin investment then after. Bitcoin is still maintaining the spot above $117k for over 48 hours now. A panic seller who bought bitcoin at $105k would sell off his bitcoin this time maybe after watching it slack to $117k from $118k. At this point, he's wondering if he should gamble it to know if bitcoin touches the $120k or if this could be a road to Market correction which they wouldn't like to risk. Now, after selling their bitcoin stash, they start wishing that bitcoin falls below $100k to please their selfish interest. If this does not happen, as bitcoin does not depend on anybody's wish to set its price; they either stay off bitcoin investment pending when their requirements would be met or they end up buying at a loss.

Losses by panic sellers does not necessarily mean selling below their accumulation price, but selling below their next possible buys which immediately gives them lower amounts of bitcoin with same amount they have sold.

As for bitcoin being at its peak, that's not true. Bitcoin still has a long way to go and that should be the drive. Awareness is increasing and more investors are getting interested in bitcoin.

[Princess Leah]

.

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.

How do you mean that Panic selling does not lead to losses if you have been studying bitcoin for a long time?? Panic selling is unplanned and happens when fear sets in. Panic selling could land you in great losses if you wish to remain in the bitcoin investment then after.
. As for bitcoin being at its peak, that's not true. Bitcoin still has a long way to go and that should be the drive. Awareness is increasing and more investors are getting interested in bitcoin.

I got confused while reading his statements, i tried my best to understand what he's saying, maybe he meant that panic selling would lead to losses and not the other way round but if he really meant the other way round then he needs to go learn more about Bitcoin investment before coming here to say such, you can't say that holding would attract significant profits then go ahead to say that panic selling doesn't lead to losses. If you're aware that when you hold Bitcoin for a long period it attract more profits then why panic sale?

 Well everyone have their excuses for selling early but if it doesn't go in line with what Bitcoin investment is all about then you're making the wrong choice regardless, before going into invesring in Bitcoin an investor should've  already been prepared they should already have a job and a discretionary funds intact so there'll be no excuse for panic selling. Yes, bitcoin hasn't got to it's peak it would likely get past it's current ATH in the near future and anyone who thinks otherwise needs to do more learning than teaching.

[Kelward]

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.

I keep saying that Bitcoin has nothing more to prove at this stage that it's a store of value and that is why people, institutions and governments that were spelling doom for it are now getting in. Any individuals and entities that doesn't know by now that Bitcoin is one the best  profitable asset to hold will be among those that will say "had I known" in the next 4 to 10 years. It is anybody's best interest to hold Bitcoin for the long term, despite dip and bear seasons it has proven that it can always rally and hit new ATH.

Bitcoin is not a get rich quick scheme that will scam people like the bunch of shitcoins Ponzi scams, that is where some ignorant people makes mistakes. They're looking at 4 to 10 years and beyond like it's eternity as if it won't come and pass, they want fast returns on their investment, in the end they'll get scammed. If you're for the Bitcoin long term hodl you shouldn't worry about dip or price skyrocketing before buying, what should matter to you is that at most in the next bull circle you'll be more profitable. So in my conclusion you should buy and keep buying when you have the funds not minding what the market price is because you'd be profitable in the next ATH.

[Cossyblack]

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.

Since you have already sold your Bitcoin portfolio for cheap profits due to fear or lack of uncertainty on your side about the market, what then are you still Hodling for the long term? infact you're no longer an investor to begin with for selling your Bitcoin portfolio too early because it is only short term holders/traders that panic sells when the market is not going in their favor. How do you even expect other Long term investors to continue taken your writeup so serious when you cannot even Hodl for the long term. It's always good you learn right about investing in Bitcoin and practice it effectively so that newbies in the house can emulate from you.
As Long term investors and since Bitcoin is a violatile asset,we are expected to invest and Hodl for the long term and since we re on a long term plan, we won't have to bother monitoring/timing the market or have to worry about the fluctuation of Bitcoin prices because investing on the long term keep us as an advantage too that we're certain if the price of bitcoin goes down it will surely rise & appreciate in value overtime .

[SilverCryptoBullet]

I keep saying that Bitcoin has nothing more to prove at this stage that it's a store of value and that is why people, institutions and governments that were spelling doom for it are now getting in. Any individuals and entities that doesn't know by now that Bitcoin is one the best  profitable asset to hold will be among those that will say "had I known" in the next 4 to 10 years. It is anybody's best interest to hold Bitcoin for the long term, despite dip and bear seasons it has proven that it can always rally and hit new ATH.

Future is unpredictable and it's impossible to predict Bitcoin price in a next year, next market cycle or next several market cycles. If we try to make price predictions, we will be all inaccurate and if we let our decisions like enter or exit the market based on price predictions, we will waste a lot of time and miss many good opportunities for Bitcoin accumulation.

History has data on price and we can have good overview on Bitcoin price performances over years so far but let's remember of inaccuracy of any prediction. DCA for our investment and increase our Bitcoin portfolio with time.

[Merit.s]

I think everyone knows this, but if someone sells their Bitcoin holdings early, it could be for other, more personal reasons.

Anyone that sells his bitcoin holdings early when it's not of his own time must have gotten it wrong from somewhere which made him unable to continue with his bitcoin investment. It's either, he used more for his important needs to buy bitcoin thinking that he will make profits before they need of the money arises, or he did not build up an emergency funds when he started his bitcoin investment.

There is no personal reason that you should anyone sell his bitcoin holdings is he had a proper plan and long-term mindset before starting his bitcoin investment. This is because he will use the amount of money from his discretionary income that can make him flexible with other cash related issues and hodli his bitcoin investment till he reaches his bitcoin target.

This is why one need to figure out how much from his discretionary income that he can use to continue buying bitcoin every week for 4-10 years and above with any stress and also build up his emergency funds or at least three months of his income and reserve funds.  It's good to have the insight of what bitcoin price is capable of reaching in future.

You are right that Bitcoin is still very cheap. The argument for this is that just a few months ago when it was worth $50k or $60k,

I don't think that bitcoin price dip to $50k or $60k this year. When Trump announced the increase in tarrif on imported goods entering the US, Bitcoin dip to $74+k on April 9th before bouncing back after Trump announced suspension of tariff reciprocal for three months. Don't give wrong information if you're not sure of it. 

[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..

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.

Of course people wrongly believe that housing/ real estate is a better investment than bitcoin, and it has not been, and it likely will continue to not be a better investment than bitcoin.  It is not even a close competition.

Surely, historically people who have invested in real estate have likely tended to beat the dollar, so they tend to do way better by having money in real estate as compared to having their money in the dollar (or other fiat). There is a lot variance in real estate too largely depending on location, and perhaps some other factors that depend on the kind of real estate and maybe if it cashflows, so surely some real estate performs better than other real estate.

When anyone is building wealth frequently it takes some time to build up the capital and even to get the capital to compound upon itself, so anyone starting from zero is going to take longer to build up that capital base.  There surely can be ways to use debt to build up capital as long as the capital is appreciating faster than the debt servicing, and historically folks have been able to use debt (in something like housing) to build wealth by leveraging other people's money (the use of debt).  Especially young people may need to figure out ways to generate income, so that they are able to buy bitcoin, so there could be instances in which they get involved in real estate to generate income from the labor, and it might be a better way to generate income as compared with other options that they have, so people do have to weigh their own options in terms of their age, skills and abilities, so the answer is not always going to be obvious, including that there could be ways to generate income being involved in bitcoin too, but that might not always be clear how to do that in terms of what talents and/or connections a person has.

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.

Yep.  There were a lot of folks who sold decent amounts of bitcoin, and perhaps even all of their bitcoin at around $100k, and maybe some of them got back in... and then perhaps again on the recent price rise a lot of folks selling too many bitcoin too soon - which is even worse for guys who are still in their bitcoin accumulation phases.

[Cpt_reader]

Of course people wrongly believe that housing/ real estate is a better investment than bitcoin, and it has not been, and it likely will continue to not be a better investment than bitcoin.  It is not even a close competition.

Surely, historically people who have invested in real estate have likely tended to beat the dollar, so they tend to do way better by having money in real estate as compared to having their money in the dollar (or other fiat). There is a lot variance in real estate too largely depending on location, and perhaps some other factors that depend on the kind of real estate and maybe if it cashflows, so surely some real estate performs better than other real estate.

When anyone is building wealth frequently it takes some time to build up the capital and even to get the capital to compound upon itself, so anyone starting from zero is going to take longer to build up that capital base.  There surely can be ways to use debt to build up capital as long as the capital is appreciating faster than the debt servicing, and historically folks have been able to use debt (in something like housing) to build wealth by leveraging other people's money (the use of debt).  Especially young people may need to figure out ways to generate income, so that they are able to buy bitcoin, so there could be instances in which they get involved in real estate to generate income from the labor, and it might be a better way to generate income as compared with other options that they have, so people do have to weigh their own options in terms of their age, skills and abilities, so the answer is not always going to be obvious, including that there could be ways to generate income being involved in bitcoin too, but that might not always be clear how to do that in terms of what talents and/or connections a person has.


Yep.  There were a lot of folks who sold decent amounts of bitcoin, and perhaps even all of their bitcoin at around $100k, and maybe some of them got back in... and then perhaps again on the recent price rise a lot of folks selling too many bitcoin too soon - which is even worse for guys who are still in their bitcoin accumulation phases.

I completely agree with you on this. Our young society is more inclined towards Bitcoin than real estate.And when it comes to money, we shouldn't only think about houses and cars, we should invest them. And that is why the demand for Bitcoin is increasing. And the price is increasing naturally. I myself bought 25 and sold 40 and thought that this seemed to be the maximum. But when I realized that Bitcoin is an important asset, its demand will increase day by day and the price of Bitcoin has been increasing since its inception. Many still think that this seems to be the maximum price. I think Bitcoin will reach one million or more one day. And this is normal.

[Jostern]

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.

I think you see investing in Bitcoin as someone who is going through the eye of a needle. Well I must tell you that Bitcoin investment is not difficult as you consider it to be to panic sell your Bitcoin is good for you, well you must have panic sold your Bitcoin before saying this and I think that was never a good idea for selling, probably you went through a strategy that you find it difficult to hold on to your bitcoin, if you had hold on to your bitcoin for as long as possible you could have benefited from the potential of long term investment. But it’s never too late to realize yourself and choose to invest and accumulate and hold for a long term investment, obviously people do make mistakes but what is important is how you react after making the mistake.

[ejikeme24]

Of course people wrongly believe that housing/ real estate is a better investment than bitcoin, and it has not been, and it likely will continue to not be a better investment than bitcoin.  It is not even a close competition.

Surely, historically people who have invested in real estate have likely tended to beat the dollar, so they tend to do way better by having money in real estate as compared to having their money in the dollar (or other fiat). There is a lot variance in real estate too largely depending on location, and perhaps some other factors that depend on the kind of real estate and maybe if it cashflows, so surely some real estate performs better than other real estate.

When anyone is building wealth frequently it takes some time to build up the capital and even to get the capital to compound upon itself, so anyone starting from zero is going to take longer to build up that capital base.  There surely can be ways to use debt to build up capital as long as the capital is appreciating faster than the debt servicing, and historically folks have been able to use debt (in something like housing) to build wealth by leveraging other people's money (the use of debt).  Especially young people may need to figure out ways to generate income, so that they are able to buy bitcoin, so there could be instances in which they get involved in real estate to generate income from the labor, and it might be a better way to generate income as compared with other options that they have, so people do have to weigh their own options in terms of their age, skills and abilities, so the answer is not always going to be obvious, including that there could be ways to generate income being involved in bitcoin too, but that might not always be clear how to do that in terms of what talents and/or connections a person has.


Yep.  There were a lot of folks who sold decent amounts of bitcoin, and perhaps even all of their bitcoin at around $100k, and maybe some of them got back in... and then perhaps again on the recent price rise a lot of folks selling too many bitcoin too soon - which is even worse for guys who are still in their bitcoin accumulation phases.

I completely agree with you on this. Our young society is more inclined towards Bitcoin than real estate.And when it comes to money, we shouldn't only think about houses and cars, we should invest them. And that is why the demand for Bitcoin is increasing. And the price is increasing naturally. I myself bought 25 and sold 40 and thought that this seemed to be the maximum. But when I realized that Bitcoin is an important asset, its demand will increase day by day and the price of Bitcoin has been increasing since its inception. Many still think that this seems to be the maximum price. I think Bitcoin will reach one million or more one day. And this is normal.

seems you don't understand the concept of bitcoin investment, mind you  buying 25 and sold 40 does not make you an investor but a trader whose primary aim is just for the short term profit, I think you still need to learn more about bitcoin investment to avoid messing up your bitcoin investment some day. Because if you keep going with this method I bet you that you will definitely regret it some day because a real investor will not attempt selling his holdings when he have not yet accumulate enough stash of bitcoin or getting to the stage of overaccumulation, rather they will still maintain the ongoing buying of bitcoin until they reach the stage of overaccumulation that's the point where they can start attempting to sell some portion of thier bitcoin investment and still allow it to compound upon itself. And not to sell all thier holdings at once just as you did when you have not even reach the middle of your accumulating journey.

[Gallar]

It’s so true. Last week Bitcoin price is just hovering from 105K to 108K but right now it’s already hovering around 115K to 118K which is 10K$ change already for just a span of 1 week if you purchased last week.

This proves that there’s no late investment on Bitcoin because the price can increase an insane amount for a short period of time.

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

Yes, with these facts in mind, those who feel they're too late to invest in Bitcoin should realize they're not. Bitcoin has proven that in just one week, its price can make a significant difference. Imagine holding Bitcoin for 10 years, and its price will likely skyrocket. So, for those who say it's too late to invest in Bitcoin, open your eyes. Don't judge investing in Bitcoin now as too late before you understand its true potential. Also, for those waiting for a price drop to buy Bitcoin, you should also think carefully. Don't regret a price drop because the desired price never materialized. With this in mind, start investing in Bitcoin with your discretionary income. You won't lose anything; in fact, it will be something to be proud of if you start now. When investing in Bitcoin, don't assume the current price is already expensive. If we look deeper into Bitcoin's potential, the current price cannot be categorized as expensive. So, ignore the notion that Bitcoin is currently expensive. In fact, in 10 years, the current price of Bitcoin will definitely be considered cheap.

[Lembo69]

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.

Remember, to invest in Bitcoin, you have to first keep in mind 2 things. 1. Start investing after the price coma. 2. You have to stop thinking that you will sell as soon as it increases. That is, you cannot get excited about investing. And you have to be patient and keep investing for a long time. Those who sell investments in excitement are bound to regret it. For example, if someone starts investing with 75 thousand and then sells it at a price of 102 thousand, then they are bound to regret it now even if they get more profit from their investment. Because the current price of Bitcoin is 117 thousand. They will regret it thinking that if they had held on for a while longer, they would have made more profit.

For this, it is always said to hold on for a long time and invest patiently. Because impatience makes people lose. In terms of investment, it would be wise to start investing without checking the price. Because many things can be done if you think about it, but you have to face the situation to complete the task. So without thinking too much, start investing now if you can afford it. And remember that you are investing to make your future bright. So face the situation and make the difficult decision not to sell Bitcoin.

[Sonia_123]

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.

Remember, to invest in Bitcoin, you have to first keep in mind 2 things. 1. Start investing after the price coma. 2. You have to stop thinking that you will sell as soon as it increases. That is, you cannot get excited about investing. And you have to be patient and keep investing for a long time. Those who sell investments in excitement are bound to regret it. For example, if someone starts investing with 75 thousand and then sells it at a price of 102 thousand, then they are bound to regret it now even if they get more profit from their investment. Because the current price of Bitcoin is 117 thousand. They will regret it thinking that if they had held on for a while longer, they would have made more profit.

For this, it is always said to hold on for a long time and invest patiently. Because impatience makes people lose. In terms of investment, it would be wise to start investing without checking the price. Because many things can be done if you think about it, but you have to face the situation to complete the task. So without thinking too much, start investing now if you can afford it. And remember that you are investing to make your future bright. So face the situation and make the difficult decision not to sell Bitcoin.

A short-term investors are known for these type of sales that occurs within the price range of buying at $75 and selling at $117, they are the traders in Bitcoin, they find it difficult to keep their investment for a long-term before sales, they believe that is the only better way to make profit, unknown to them that it is the wrong way,a lot of Bitcoinners have being involved in trading,but after realizing it they made a turn and embrace the long-term investment which is the best to invest in Bitcoin.
Those that sees Bitcoin as short-term are not investors, since their major objective is to make profit, rather than investing, because a serious minded investor will not boarder to sell his Bitcoin when he has not reach his overaccumulation stage instead, they will keep buying continuously, persistently and aggressively until they reach their target, which is when they can start selling part of their investment and keep storing more, because selling all at the same time is not also a good idea, so that you don't become a no coiner or low coiner, because in the bit of of building up your investment often, it took you some time to build up the money for your starting point or get your capital, therefore anyone starting from zero level will find it difficult and longer to build up his starting point/ capital.

[khiholangkang]

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).

All these expectations about Bitcoin's price, according to you and others, are not wrong. However, I hope that confidence is based on sound personal fundamentals, financial preparedness, and careful decision-making, as we know fluctuations can sometimes be mentally challenging for a holder.

While you have excellent exposure to Bitcoin, regardless of your confidence in its price, I hope you remain confident and continue to hold on to it.

[Derekfunds]

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.

I think you see investing in Bitcoin as someone who is going through the eye of a needle. Well I must tell you that Bitcoin investment is not difficult as you consider it to be to panic sell your Bitcoin is good for you, well you must have panic sold your Bitcoin before saying this and I think that was never a good idea for selling, probably you went through a strategy that you find it difficult to hold on to your bitcoin, if you had hold on to your bitcoin for as long as possible you could have benefited from the potential of long term investment. But it’s never too late to realize yourself and choose to invest and accumulate and hold for a long term investment, obviously people do make mistakes but what is important is how you react after making the mistake.

You are very wrong for saying Bitcoin investment is not difficult because if it was not difficult as you said almost everyone would have been a Bitcoin holder or investor but because one have to go through a lot to have a source of income that will give them the opportunity to invest before they can... and sometimes not all source of income can give you this liberty and privilege to invest in Bitcoin because some source of income are very small to even think of splitting it. Even people who has stable source of income still manage sometimes to maintain the line or the process. Anyone who sells his Bitcoin because of fear is not yet ready for this journey and even if they invest back they will sell again out of fear so until this fear is put away success won't be obtainable.

[JayJuanGee]

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).

All these expectations about Bitcoin's price, according to you and others, are not wrong. However, I hope that confidence is based on sound personal fundamentals, financial preparedness, and careful decision-making, as we know fluctuations can sometimes be mentally challenging for a holder.

While you have excellent exposure to Bitcoin, regardless of your confidence in its price, I hope you remain confident and continue to hold on to it.

You are correct that our view of bitcoin versus other places that we could put our value (also time and energies) is only one of the factors that any of us need to consider when investing into bitcoin, and surely each of us also should be adapting our position size into bitcoin in accordance with our weighing of our various personal factors including if we happen to be skeptical or afraid of bitcoin then we may well adapt our position size downwardly. 

Many times folks confuse how much to invest with whether to invest, and surely many of us who have been in bitcoin for longer periods of time will error on the side of suggesting that folks should get into bitcoin... in fact anyone with a discretionary income should get into bitcoin, yet they still need to determine how much to invest into bitcoin and what frequentcy as suitable for their own circumstances.

Since you have been registered on the forum for more than 9 years, khiholangkang, you may well could have had gotten a pretty decently sized bitcoin stash by now, yet maybe you were spending a lot of your forum time in shitcoin and/or gambling areas of the forum?

[Gost ms]

I keep saying that Bitcoin has nothing more to prove at this stage that it's a store of value and that is why people, institutions and governments that were spelling doom for it are now getting in. Any individuals and entities that doesn't know by now that Bitcoin is one the best  profitable asset to hold will be among those that will say "had I known" in the next 4 to 10 years. It is anybody's best interest to hold Bitcoin for the long term, despite dip and bear seasons it has proven that it can always rally and hit new ATH.

Those who understand that Bitcoin is a very valuable asset can invest very quickly and increase their portfolio a lot and become a successful investor in the future. Those who are still doubting investing in Bitcoin may never be able to invest. Because they still do not understand what Bitcoin is. I think the best part of Bitcoin is that Bitcoin is unstable. As you can see, a few days ago, the price of Bitcoin fell to around $85,000, but today, the price of Bitcoin is $119,000. Those who did not buy Bitcoin out of fear then are now regretting it. So, without thinking about anything, start investing first and hold your holdings for the long term.

[Berry2d]

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).

All these expectations about Bitcoin's price, according to you and others, are not wrong. However, I hope that confidence is based on sound personal fundamentals, financial preparedness, and careful decision-making, as we know fluctuations can sometimes be mentally challenging for a holder.

You don't always need to be financially prepared to invest into Bitcoin. All you need is to invest from your discretion fund, if you are waiting to be financially prepared or stable to invest, then you may never invest because if we don't creat opportunity to invest we may turn a no coiner because there are a lot of problem to settle and it may not occur to us that Bitcoin is important. But if we invest as little as we can, we may as well be doing other things while life keep going only to realize that we have acculated a sizable amount in due time.

Secondly Bitcoin price fluctuation does not affect Holders but only traders. You can not be a HODLer and thesame time be having the mindset of a trader except you are a trader.

[JayJuanGee]

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).

All these expectations about Bitcoin's price, according to you and others, are not wrong. However, I hope that confidence is based on sound personal fundamentals, financial preparedness, and careful decision-making, as we know fluctuations can sometimes be mentally challenging for a holder.

You don't always need to be financially prepared to invest into Bitcoin. All you need is to invest from your discretion fund, if you are waiting to be financially prepared or stable to invest, then you may never invest because if we don't creat opportunity to invest we may turn a no coiner because there are a lot of problem to settle and it may not occur to us that Bitcoin is important. But if we invest as little as we can, we may as well be doing other things while life keep going only to realize that we have acculated a sizable amount in due time.

Secondly Bitcoin price fluctuation does not affect Holders but only traders. You can not be a HODLer and thesame time be having the mindset of a trader except you are a trader.

It seems to me that there is no reason for a bitcoin accumulator to panic sell if he already had developed and had been following various plans to manage his investment and to develop and practice strong cashflow management, so confidence comes from the reinforcement of ongoing actions, and yeah, when a guy is first building up his bitcoin holdings, it can take a whole hell of a lot of time - 1  or 2 cycles to get the bitcoin position up to a size that is meaningful within the guys income and position in life, and so we do not necessarily buy bitcoin with an intention of selling right away, especially if we might have an investment timeline that is 4-10 years or longer..

So maybe if the bitcoin accumulator will spend 6 years accumulating BTC, and then he might spend another1-2 years merely holding before transitioning into some kind of a sustainable withdrawal that might be price-based and/or time-based. 

I go over quite a few of my ideas related to sustainable withdrawal in my thread, and it seems that I have been a proponent of incremental sales of BTC rather than selling large chunks of the accumulated BTC at any given time - which I would consider large sales to be serving as a forum of trading rather than an investing approach to BTC portfolio management.   I dont' recommend trading bitcoin or even setting up a bitcoin portfolio up as something to get in and out of rather than setting it up to be 4-10 years or longer, and generally guys should not be selling their whole bitcoin portfolio in less than 10 years unless he has age and/or health related matters that contribute to such need to sell at a time that is less than 10 years.