Buy Buy Buy or Sell Sell Sell?

[Jewan420]

You should never think about ten years ago because at that time, risk could only bring success,

This makes little sense.  10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff. 

Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.

It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too.  When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.

We do not have much idea about the next 10 years, but there is only one assumption that Bitcoin is more likely to go up in the future. Even this assumption is reasonable. Because in recent times, governments of different countries and big companies are expressing interest in Bitcoin investment, which is certainly positive for Bitcoin and strengthens its foundation. Since Bitcoin's price depends on demand, we are seeing the demand for Bitcoin increasing day by day. You may be able to predict the future of Bitcoin by depending on the demand of governments and big companies of different countries.

It is not possible to predict the future ten years using the past ten years as a standard. However, Bitcoin's strong foundation has started from the past ten years. At that time, being successful in Bitcoin was not risk-free, rather, I think Bitcoin investment was more risky at that time. Now we can reduce the risk of Bitcoin investment by gaining knowledge about Bitcoin and adopting strategies. We are even seeing a steady increase in demand for Bitcoin. Therefore, it is now a little easier to succeed in Bitcoin than it was before.

You are right that the more aggressive you are in investing within your means, the more likely you are to make a profit. Because Bitcoin is rising day by day, we may never get the opportunity to buy at such a low price again. You will even move faster in achieving your goal. Buy as much as possible at a low price and keep profiting yourself.

[sotelorene]

You should never think about ten years ago because at that time, risk could only bring success,

This makes little sense.  10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff. 

Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.

It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too.  When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.

Regarding what Popkon6 said, even till now risk also bring success but not all risk though, investing with what we can afford to let go is also a risk maybe someone people don't know about this but it is true and if you are doing it consistently for a stipulated time, it will surely payoff just like it has..., aggressive Investment is advisable as long you have the capacity.

One thing that gives me joy the most is seeing great nations and great institutions investing in Bitcoin, this alone speak good about Bitcoin and i believe the reason for this act was because of the potential of Bitcoin and they have the feeling It will do greater in years coming and I can feel and sense it too. Anyone who has all it takes to start up after seeing this happening and refused to invest is really making a big mistake even though the person has other investment and the sweetest part is that you don't have to invest at once, you can invest gradually regardless of the amount and the market price using the DCA and success can still be obtainable if carried out properly.

[Nightwatchmare]

These kind of investors are people who have studied Bitcoin and have seen that come rain come shine, Bitcoin still remains an asset and a great one for future gains. And you know, what you have seen, tested and confirmed, you follow it with a different mentality. Despite its volatile nature, Bitcoin surely will always appreciate and thus, investing up to a half of Income is a wise one with future mindset.

It is problematic and misleading when you say we should invest up to half of our income in bitcoin because the statement can mislead newbies who are just starting to accumulate bitcoin into using the money meant for their expenses to invest in bitcoin, and when it is time for them to solve their expenses, they will have to sell their bitcoin in order for them to solve their expenses, and it will cause them to be out of accumulating bitcoin. Always use the right words whenever you are talking or discussing Bitcoin so that newbies will be well guided into using the right funds when they are investing in Bitcoin, which will aid them to remain in the game for the long term. It is better for investors to accumulate Bitcoin with their discretionary income since Bitcoin is a long-term investment so that they can be patient enough to hold their Bitcoin investment for 4-10 years for their Bitcoin investment to compound very well and give them a good profit when they sell it.

[Miramax12]

You should never think about ten years ago because at that time, risk could only bring success,

This makes little sense.  10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff. 

Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.

It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too.  When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.

It is easy to overlook how much skepticism surrounded Bitcoin a decade year yet those who took calculated risks and stayed patient have seen real results. i agreen with you that the future returns may not be as explosive, but with increasing institutional adoption and network maturity, the risk to reward those who are petience, is shifting  Time really is Bitcoin's greatest ally."

[Miles2006]

These kind of investors are people who have studied Bitcoin and have seen that come rain come shine, Bitcoin still remains an asset and a great one for future gains. And you know, what you have seen, tested and confirmed, you follow it with a different mentality. Despite its volatile nature, Bitcoin surely will always appreciate and thus, investing up to a half of Income is a wise one with future mindset.

It is problematic and misleading when you say we should invest up to half of our income in bitcoin because the statement can mislead newbies who are just starting to accumulate bitcoin into using the money meant for their expenses to invest in bitcoin, and when it is time for them to solve their expenses, they will have to sell their bitcoin in order for them to solve their expenses, and it will cause them to be out of accumulating bitcoin. Always use the right words whenever you are talking or discussing Bitcoin so that newbies will be well guided into using the right funds when they are investing in Bitcoin, which will aid them to remain in the game for the long term. It is better for investors to accumulate Bitcoin with their discretionary income since Bitcoin is a long-term investment so that they can be patient enough to hold their Bitcoin investment for 4-10 years for their Bitcoin investment to compound very well and give them a good profit when they sell it.

You’re actually right tho, investing half of our income is far more risking meaning it’s an act only meant to pursue quick gains. Investment planing that doesn’t involve the backup funds is still considered risky talk less of investing using half of income meant for important needs, the statement is misleading generally not only newbies just imagine someone reading this statement of investing such huge amount I meant half of income probably few might be tempted. Giving an advice as such doesn’t mean they’re buying aggressively it only makes the situation worst in times of trouble for example I once used my bonus money for bitcoin investment although at that time I had zero worries about my needs because that’s the first thing I think of before any other business eventually as time goes I discovered I will have to invest according to my capacity with the money I can afford to lose although while having this thought in my mind I never lose all hope so it all depends on my budget planning.

[IceLincoln]

It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.

The thing there is those guys who believe that they can sell their bitcoin investment and buy back cheap are just funny guys who still lack knowledge and understanding about bitcoin investment, because bitcoin investment doesn't work that way. It Will be better they keep accumulating bitcoin on a regular basis through buy only and hold than even thinking of selling to buy back cheap. selling their bitcoin investment to buy back cheap is just another Risk on it own, why because bitcoin may end up not dipping to the extend they are expecting it to dip in other for them to buy back cheap, which they will still end up buying back bitcoin at a higher price and still end up regretting why they even sold their bitcoin investment in the first place.

Sometimes I try to understand these people who practice this and I kinda feel they might not be wrong in their own rights… you know we’re all in it for profits, and even the small gains count if it becomes a regular strategy.
People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

[Odohu]

People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

[Miramax12]

People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

Yes  i agree with you, if  Everyone’s strategy is shaped by their goals and risk tolerance. DCA really takes the emotion out of investing, which is crucial in a volatile market like crypto. Whether someone holds or takes profit along the way, what matters is sticking to a real plan that makes sense for them. No one-size-fits-all in this space and that’s what makes it so interesting.

[Mr Reporter]

It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.

The thing there is those guys who believe that they can sell their bitcoin investment and buy back cheap are just funny guys who still lack knowledge and understanding about bitcoin investment, because bitcoin investment doesn't work that way. It Will be better they keep accumulating bitcoin on a regular basis through buy only and hold than even thinking of selling to buy back cheap. selling their bitcoin investment to buy back cheap is just another Risk on it own, why because bitcoin may end up not dipping to the extend they are expecting it to dip in other for them to buy back cheap, which they will still end up buying back bitcoin at a higher price and still end up regretting why they even sold their bitcoin investment in the first place.

Sometimes I try to understand these people who practice this and I kinda feel they might not be wrong in their own rights… you know we’re all in it for profits, and even the small gains count if it becomes a regular strategy.
People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

As you have made mentioned short terms gain or trading comes outs with stronger and higher percentage of risk through careful planning and strategy, Ultimately, whether a trading strategy is sometimes right or worng it depends on the individual goals, risk tolerance and market understanding, if it might interest you to consider the different approaches to trading and investing and how individuals weigh the potential benefits and risk. Pulse newbies investor nowadays fined it difficult to understand that short terms trading strategies often comes with higher risk, requiring close monitoring of price charts and market fluctuations.

[Barikui1]

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

Yes  i agree with you, if  Everyone’s strategy is shaped by their goals and risk tolerance. DCA really takes the emotion out of investing, which is crucial in a volatile market like crypto.

No, I think otherwise though, the DCA accumulating strategy is a strategy meant to make accumulation of Bitcoin easier, but taking emotions out of your investment is not the role of a DCA, what should be done that takes emotions out of your Bitcoin investment is by investing with an amount you can afford to lose, when you invest with your discretionary income you wouldn't think of committing suicide if your investment didn't goes as planned, that's why it is always advisable to invest only what you can afford to lose, because by doing so, it makes you less emotional towards your investment.

Whether someone holds or takes profit along the way, what matters is sticking to a real plan that makes sense for them.

No, you can't just do anything you like while investing in Bitcoin and be expecting to be successful in it because you feels like it makes sense to you, no.
Taking profit when you are still in your accumulation stage is like a trader selling for minimal gains, you are not different from them, so if you are doing that, you better stop it because that's not the best way to accumulate a huge stash of Bitcoin fast.

[Bigjoe33]

People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

Talks and insights like this is why we regard the forum as a place of highly educative ground where people are grinded with the right knowledge on how to pursue their Bitcoin investment or accumulation process in a cool and calculated risk manner that will eventually yield maximum profit at a long run.

Sincerely, just as u stated earlier, I think setting in for the DCA strategy of Bitcoin accumulation and planning to hold for long is the real deal. With this plan already in your mind as a new investor or an already existing bitcoiner, Bitcoin depreciation will not really bother you that much because your initial mindset with which you entered the investment is to hold for long. This gives you a relaxed mindset to go about other means of livelihood while you keep pushing your investment with total assurance that though it my fluctuate due to its volatile nature, it will surely pay off positively as the year runs.  Truly, Bitcoin is an asset

[Regardme]

People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

You’re right. Selling off bitcoin at the sight of profits is extremely a bad practice because I could remember early this year when Bitcoin hit $100k, so many who don’t understand the fundamentals in holding bitcoin sold off there bitcoins. They couldn’t keep up with buying now that it’s high and has caused so many pains to them. So short term buying and selling shouldn’t be supported in as much as we know that Bitcoin is the future. Anyone who wants to be a successful Bitcoin investor should always embrace holding Bitcoin for a longer term, and not selling off when little profit is being made and  DCA method will help in accumulating bitcoins at any point of of once life. Bitcoin is the future and long term investment is the goal.

[G_Besar]

,,...

,,...

Yes  i agree with you, if  Everyone’s strategy is shaped by their goals and risk tolerance. DCA really takes the emotion out of investing, which is crucial in a volatile market like crypto. Whether someone holds or takes profit along the way, what matters is sticking to a real plan that makes sense for them. No one-size-fits-all in this space and that’s what makes it so interesting.

Everyone will strive to find a strategy that aligns with their investment plan over the long term, because a consistent investment plan over the long term is far superior to one that changes frequently every month. And from my observations, methods like DCA are already more widely used by investors, so we can conclude that it's a method that's more suitable for all groups, although some may still use methods other than the one you mentioned. But we can all see how everyone's path, where their own personal fit with a strategy, will continue to be sought in order to invest in Bitcoin more comfortably and without burdening themselves as long-term investors.

[Solokan]

People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

I think trading BTC certainly won't be detrimental as long as we use a dedicated trading fund. Using a dedicated fund will certainly make us more comfortable. For example, if we buy BTC at $120,000 and then, after buying it, for example, if it drops to $115,000, we certainly shouldn't sell it until we've made a profit, even if we wait four years. So, I think the biggest pain in BTC trading is using money they can't afford to lose. If you use money you can afford to lose, you'll usually feel calm, even if it's just trading. Those who consistently encounter difficulties and losses are those who no consider trading a side hustle. So, of course, it depends on how we manage it.

However, I agree with you that it's better to invest long-term and, of course, continue buying BTC using the DCA system. This will make investors more comfortable, as they won't always be looking at the BTC price chart in the market. And of course, just waiting more than 10 years will bring us closer to seeing higher BTC prices and, of course, big profit. So, of course, when compared, I think they all have the same advantages, but the important thing to remember is not to sell BTC when you're experiencing a loss.

And honestly, I personally always trade and invest in BTC, and DCA hasn't stopped yet.

[Loyang]

You should never think about ten years ago because at that time, risk could only bring success,

This makes little sense.  10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff. 

Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.

It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too.  When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.

It is never too late to invest. It is always better to buy consistently. It is not possible to say what the price of Bitcoin will be in the next 10 years, but we can make an assumption that the price of Bitcoin may be more than $ 250,000. Because currently many countries are legalizing Bitcoin and using Bitcoin as a reserve. And the demand for Bitcoin is increasing in all those countries. We know how long Bitcoin mining will last and how many Bitcoins can be mined. The price of things that are in high demand and low in the market is always very high, such as Bitcoin. As time goes by, many people are getting familiar with Bitcoin and are expressing interest in buying Bitcoin. Considering all these aspects, it can be said that the price of Bitcoin can be much higher in the next 10 years. So, you should never think about the past and buy it and keep it for a long time.

[ejikeme24]

People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

[Edited out]

You’re right. Selling off bitcoin at the sight of profits is extremely a bad practice because I could remember early this year when Bitcoin hit $100k, so many who don’t understand the fundamentals in holding bitcoin sold off there bitcoins. They couldn’t keep up with buying now that it’s high and has caused so many pains to them.

Anyone who understand the concept of bitcoin investment will never be tempted to sell his holdings whenever there's a massive increase in the price of bitcoin. Even if they will be tempted to sell due to one or two reasons but not to the extent of selling all thier bitcoin investment, As a bitcoin investor is advised to sell some portion of your holdings and then allow it to compound upon itself or keep accumulating more bitcoin to enable you fill the missing space rather than selling all your holdings and start fucking around or looking for a way to start building back your bitcoin portfolio, because the price might get to a certain point where you will be thinking on where to start from and this can probably make you lose interest in bitcoin investment.

[Odohu]

[Edited out]

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

I think trading BTC certainly won't be detrimental as long as we use a dedicated trading fund. Using a dedicated fund will certainly make us more comfortable. For example, if we buy BTC at $120,000 and then, after buying it, for example, if it drops to $115,000, we certainly shouldn't sell it until we've made a profit, even if we wait four years. So, I think the biggest pain in BTC trading is using money they can't afford to lose. If you use money you can afford to lose, you'll usually feel calm, even if it's just trading. Those who consistently encounter difficulties and losses are those who no consider trading a side hustle. So, of course, it depends on how we manage it.

If you read my comment again, you will understand that my emphasis is on the topic we are discussing here which is buy and hold. Even though trading is good for those who have mastered the art and have gained the relevant knowledge and experience, I will never recommend trading for people who are just starting their Bitcoin journey, it will not end well for them and they might end up becoming frustrated. Besides, this thread is not dedicated for trading, so why should we dwell in trading here when we should be discussing how to build a Bitcoin portfolio.

In addition, and like I said before, we have so many newbies here, they don't have to start with the wrong information about Bitcoin. Check the testimony of those that started with trading and see that most of them have terrible stories to tell. Some of them have left Bitcoin while some regret not holding those Bitcoin they traded away. My biggest achievement started when I adopted the DCA method; it made life easier for me and the Bitcoin accumulation became interesting to me.

[Shadiq]

Anyone who understand the concept of bitcoin investment will never be tempted to sell his holdings whenever there's a massive increase in the price of bitcoin. Even if they will be tempted to sell due to one or two reasons but not to the extent of selling all thier bitcoin investment, As a bitcoin investor is advised to sell some portion of your holdings and then allow it to compound upon itself or keep accumulating more bitcoin to enable you fill the missing space rather than selling all your holdings and start fucking around or looking for a way to start building back your bitcoin portfolio, because the price might get to a certain point where you will be thinking on where to start from and this can probably make you lose interest in bitcoin investment.

It is not wrong to sell some of your holdings if you have already achieved your goal and have enough Bitcoin. However, if you are in the early stages of investing or have not yet achieved your goal or accumulated enough Bitcoin, it is better not to focus on selling. Bitcoin investment is not something that you just invest in, rather you can enjoy the investment or use it in real life after achieving your goal.

I cannot give any specific advice to investors who have accumulated enough Bitcoin or achieved their goal. Because they are already experienced and may be more knowledgeable than me. But for those who have not yet achieved their goal, it would be better not to express interest in selling Bitcoin, even if it is partial. Keep investing consistently to achieve your goal and fight to achieve your goal.

[cxtreenal]

People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).

This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.

You’re right. Selling off bitcoin at the sight of profits is extremely a bad practice because I could remember early this year when Bitcoin hit $100k, so many who don’t understand the fundamentals in holding bitcoin sold off there bitcoins. They couldn’t keep up with buying now that it’s high and has caused so many pains to them. So short term buying and selling shouldn’t be supported in as much as we know that Bitcoin is the future. Anyone who wants to be a successful Bitcoin investor should always embrace holding Bitcoin for a longer term, and not selling off when little profit is being made and  DCA method will help in accumulating bitcoins at any point of of once life. Bitcoin is the future and long term investment is the goal.

It is not bad for an investor to invest in Bitcoin in the hope of making a profit but you have to remember that you have to reach a point and then thinking for sell it, Still you shouldn't plan to sell this valuable asset of yours halfway. Set a period of four to ten years. You should continue to save regularly throughout your working life.During this period you will continue to accumulate Bitcoin regularly using the DCA method. The fundamentals of Bitcoin is that you will continue to accumulate regularly from your financial stability as well as discretionary income. This will not only help you to avoid financial problems as a family also to have a large stack of Bitcoin for the future. What is especially recommended in long-term investments is to invest the amount of money that you are able to afford to lose. The DCA method is a strategy through which you can continuously deposit Bitcoin from the discretionary income that is left over from your family expenses every week or every month.

[Jostern]

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Yes  i agree with you, if  Everyone’s strategy is shaped by their goals and risk tolerance. DCA really takes the emotion out of investing, which is crucial in a volatile market like crypto. Whether someone holds or takes profit along the way, what matters is sticking to a real plan that makes sense for them. No one-size-fits-all in this space and that’s what makes it so interesting.

Everyone will strive to find a strategy that aligns with their investment plan over the long term, because a consistent investment plan over the long term is far superior to one that changes frequently every month. And from my observations, methods like DCA are already more widely used by investors, so we can conclude that it's a method that's more suitable for all groups, although some may still use methods other than the one you mentioned. But we can all see how everyone's path, where their own personal fit with a strategy, will continue to be sought in order to invest in Bitcoin more comfortably and without burdening themselves as long-term investors.

Bitcoin investment will definitely somehow require an investor to choose a suitable investment strategy that will best fit his or her financial abilities, because definitely we have different financial abilities, but for someone who wants to invest in Bitcoin with a low financial abilities it’s more likely to appreciate investing with the DCA method which can help to invest and accumulate consistently with your discretionary income, and can also be more effective in terms of sustainable strategies to enable us to hodl our bitcoin for a very long term, which I feel it’s the primary goal of someone who is called an investor in Bitcoin. Just like we know there are so many other different methods which some guys might still want to appreciate that are effective to them, which I still think that strategically it’s all depends on our financial ability, nevertheless we can also apply some financial management which can be a good idea of helping us accumulate more bitcoin.