Buy Buy Buy or Sell Sell Sell?

[Joy- maker]

That's the point Buddy,we cannot continue to eat our cakes and have it back . Some investors are fonds of dipping hands into their bitcoin portfolio with the mindset that it will appreciate back, that's bad. Such an investor is not helping his investment to grow in anyway. Tampering with his stash shouldn't be his last resort even after every other option has failed.if he has a good management plan and better cash flow,he wouldn't be thinking of tampering with his stash in the first place and for whatsoever reasons. I think this where his Emergency funds and reserve funds plays a critical role when situation rises to protect his investment from bad occurrences .An investor Bitcoin stashes shouldn't be tamper with rather it should be held for the longer term as it could also serve a greater purpose after retirements.

Let us be sincere to ourselves there can be reason why an investor can tamper with his stash and not the way you are making it look like, it has been a good and encouraging practices of ensuring the provision of an emergency funds and reserve funds to be made available for their specific purposes for anyone investing in to Bitcoin and if it happens that it is a health issues where they must have make use of their reserve funds first followed by their emergency funds and the issues still remain unsolved and they have completely gone out of the back up funds then there is nothing wrong tampering their with our  Bitcoin at that point in time, you can't completely say it is wrong to tamper with our Bitcoin for whatsoever reason.

Honestly, not all life is in black and white. Life has its own twists and turns and there are times when you have to take a dive into your stash. Although it is best to think long term and use emergency funds, not all people can have that pattern available. The key is intent and discipline, when someone pulls out of his or her stash with express purpose of recuperating and not as a habit then it may still be reasonable relative to his or her situation.

I don't agree and I can not be in support of taking some of our investment to settle problem that is am improper investment plan because an investor is meant to have a back funds which include emergency and reserve funds, these are funds that is suppose to be used to settle any issue or challenge that will arise and not our main investment whether you are doing it to recuperate back it is not a good investment plan, so long as you haven't gotten to overaccumulation stage you shouldn't touch your investment. Once you have a source of income that can manage your investment and you have a very good plan everything will definitely work out well unless nature don't want you to...

you are right here, selling some portion of our bitcoin investment to handle emergencies is an inappropriate investing behaviour, and that's not what a reasonable bitcoin investor who's focus is long term holding is supposed to do. Your bitcoin investment is not for handling emergencies if they arises there are funds for handling emergencies, which include emergency fund and backup fund, emergency fund and backup fund are funds for handling emergencies when they arises and not our bitcoin investment. that's why it's always advisable to set up emergency fund and backup fund as a bitcoin investor for those funds are very essential. And sincerely speaking people who make this kind comments that there is nothing bad selling off your bitcoin investment to handle emergencies is not are investors who don't have the mindset of long term holding, because if they do and if they know how profitable they will be if can be able to hold bitcoin for long term 4 to 10 years, they won't even think of selling some portion of their bitcoin investment.

[Cpt_reader]

You need to get rid of the idea that you can get rich quickly by investing in Bitcoin. This is not a quick scheme for earning money. Investing in Bitcoin cannot guarantee you profit, but if you invest patiently, there is a great possibility of getting good returns. Bitcoin is the most volatile currency, and it is very natural for there to be a price correction at any time. If the price is slightly down at any time, do not panic, but if you can hold Bitcoin regularly, then it is definitely possible to get good returns. Moreover, it is more convenient for those who do DCA when it is down. In terms of investment, if you keep accumulating a part of your discretionary income in Bitcoin regularly, it will help you risk-free and stress-free investment and you will be able to keep a large part of Bitcoin in your possession in the long term.

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

[Miles2006]

That's the point Buddy,we cannot continue to eat our cakes and have it back . Some investors are fonds of dipping hands into their bitcoin portfolio with the mindset that it will appreciate back, that's bad. Such an investor is not helping his investment to grow in anyway. Tampering with his stash shouldn't be his last resort even after every other option has failed.if he has a good management plan and better cash flow,he wouldn't be thinking of tampering with his stash in the first place and for whatsoever reasons. I think this where his Emergency funds and reserve funds plays a critical role when situation rises to protect his investment from bad occurrences .An investor Bitcoin stashes shouldn't be tamper with rather it should be held for the longer term as it could also serve a greater purpose after retirements.

Let us be sincere to ourselves there can be reason why an investor can tamper with his stash and not the way you are making it look like, it has been a good and encouraging practices of ensuring the provision of an emergency funds and reserve funds to be made available for their specific purposes for anyone investing in to Bitcoin and if it happens that it is a health issues where they must have make use of their reserve funds first followed by their emergency funds and the issues still remain unsolved and they have completely gone out of the back up funds then there is nothing wrong tampering their with our  Bitcoin at that point in time, you can't completely say it is wrong to tamper with our Bitcoin for whatsoever reason.

Ones an investor alway finds fault and reason to tamper with their stash it becomes difficult building a desired portfolio. The emergency funds is available whenever encountering an issue besides if you should follow your budget plan in the right way there’s what we call health care funds seeing how things are unpredictable, I know health challenges has always been the common example when issues like this are being raised and there’s a perfect solution for that. There’s no point rushing your investment when you know you can’t do without for a long period of time then if our emergency funds should get finished our reserve funds is always accessible, even after using this funds it’s important refilling every money spent after being stable. This has to do with our mindset for example use just your discretionary income which means you’ll have to settle every other needs before investing although your discretionary income must not be a fixed amount instead it depends on your responsibility.

[BTC_pokaop]

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

No one expected this in the past, because Bitcoin was not so popular in the past and the world's famous companies did not buy Bitcoin, so there was not such a big expectation in the past. But currently Bitcoin has become very popular and has spread all over the world, the world's famous companies have invested, where MSTR company has accumulated more than half a million Bitcoins, which they have no plans to sell, their plan is only to accumulate. The supply of Bitcoin is limited, but in the future the demand for Bitcoin will increase a lot and affect the supply, so over time the price of Bitcoin will increase a lot. Slowly the whales will capture a large part of the supply of Bitcoin, so we have to seize the opportunity while we have time. So you just hope that in the future it will not be just one million, but several million dollars, it is just a matter of time.

[GIF-JOBS]

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

No one expected this in the past, because Bitcoin was not so popular in the past and the world's famous companies did not buy Bitcoin, so there was not such a big expectation in the past. But currently Bitcoin has become very popular and has spread all over the world, the world's famous companies have invested, where MSTR company has accumulated more than half a million Bitcoins, which they have no plans to sell, their plan is only to accumulate. The supply of Bitcoin is limited, but in the future the demand for Bitcoin will increase a lot and affect the supply, so over time the price of Bitcoin will increase a lot. Slowly the whales will capture a large part of the supply of Bitcoin, so we have to seize the opportunity while we have time. So you just hope that in the future it will not be just one million, but several million dollars, it is just a matter of time.

Yes, in the past, no one really imagined that Bitcoin could be this big, people didn't even believe that Bitcoin could ever go to $100K, if they knew that, Laszlo Hanyecz would never have bought 2 pizzas with 10,000 Bitcoins, however, over time, the demand for Bitcoin has increased, its acceptance is increasing, and it is now gaining global acceptance, so it will continue to grow larger over time, big companies are understand the real potential of Bitcoin, that's why they are accumulating such a huge amount of Bitcoin, so it will continue to grow larger in the future, so instead of worrying too much about the price, you just have to accumulate Bitcoin, real success can be achieved in the long run.

[Merit.s]

However I disagree with you, even though conditionally when you talk about investing what you can afford to loose. This notion contradicts your initial belief in cultivating an emotional strength to hold your bitcoin for long. It however tends to tilt in line with the Bitcoin Traders anthem, which is investing only what you can afford to loose.

You said it above in your post that one must invest with his discretionary income if he wants to be a long term bitcoin investor. I don't see how investing with the amount of money that you can afford to lose contradicts investing with your discretionary income. Don't you know that your discretionary income is an amount that you can afford to lose. If you don't invest with your discretionary income, it means that you are not investing but gambling.

You can do whatever that you like with your discretionary income, some gamble,trade,go clubbing, take care of their wants,and some drink with their discretionary income because it wouldn't affect their way of living. This is why it's wise for you to invest with your discretionary income into bitcoin and save your discretionary income from been a waste but increase the value as you use it to buy and build your bitcoin portfolio for 4-10 years and above.

if you keep accumulating a part of your discretionary income in Bitcoin regularly, it will help you risk-free and stress-free investment

Don't get it twisted, DCA does not make bitcoin a risk free investment. DCA helps you to build your bitcoin portfolio gradualy to a better sixe overtime based on your commitment which you might not be able to achieve such sixe of portfolio if you were only using the buy dip method or lump sum method.

Bitcoin investment is like every other investment with risk but the risk can be managed. This is the main reason why we are advised to invest with only the amount of money that we can afford to lose so that you don't use all your life saving to invest in bitcoin and hoping for a big profits, because what will you do if bitcoin price goes against you are didn't give you your desired profits. You will become fustrated and give up in life. That's why you have to create other streams of income as you are investing and prepare for the unexpected so that your bitcoin investment wouldn't be seen as your las hope in life even if you have reached your bitcoin accumulation target.

[ruykeri]

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

No one expected this in the past, because Bitcoin was not so popular in the past and the world's famous companies did not buy Bitcoin, so there was not such a big expectation in the past. But currently Bitcoin has become very popular and has spread all over the world, the world's famous companies have invested, where MSTR company has accumulated more than half a million Bitcoins, which they have no plans to sell, their plan is only to accumulate. The supply of Bitcoin is limited, but in the future the demand for Bitcoin will increase a lot and affect the supply, so over time the price of Bitcoin will increase a lot. Slowly the whales will capture a large part of the supply of Bitcoin, so we have to seize the opportunity while we have time. So you just hope that in the future it will not be just one million, but several million dollars, it is just a matter of time.

Not just Bitcoin if the supply of anything is limited, then its demand naturally increases. However, Bitcoin's popularity is not only due to its limited supply or increasing demand. The biggest reason behind this is that Bitcoin can be traded completely independently. There is no third party or intermediary intervention. Additionally Bitcoin is currently the most privacy-friendly digital currency, preserving users personal financial freedom. The price of Bitcoin has fluctuated a lot, but it has been evident from the beginning that its value has increased many times over a long period of time. Analyzing the growth over the last 10 to 15 years, it can be seen that the valuation of Bitcoin has increased more and hundreds of times. The way it is currently growing in popularity, its price could increase many times over in the future. We cant even imagine how high the price of Bitcoin will be in the next 10 years. Bitcoin is still at a point where ordinary people can buy it in small amounts if they want. Suppose someone starts buying and accumulating a certain amount of Bitcoin on a regular basis, that is still possible. But in a few years, the price of Bitcoin may be out of reach for the common man, making it difficult for those who want to invest. In my opinion, the current price is still much lower than the future. So if someone starts buying Bitcoin regularly from now on, following the DCA method, then he will definitely benefit a lot in the future.

[Jewan420]

I don't agree and I can not be in support of taking some of our investment to settle problem that is am improper investment plan because an investor is meant to have a back funds which include emergency and reserve funds, these are funds that is suppose to be used to settle any issue or challenge that will arise and not our main investment whether you are doing it to recuperate back it is not a good investment plan, so long as you haven't gotten to overaccumulation stage you shouldn't touch your investment. Once you have a source of income that can manage your investment and you have a very good plan everything will definitely work out well unless nature don't want you to...

Dipping into investments for any reason during the investment process reflects a weak investment management and financial management plan. With such weak management, it may not be easy or possible to succeed in long-term investments at all. Because investments are not short-term, rather, they can be long-term for almost a decade.
To be successful in the long term and to protect your investments from unexpected accidents, an emergency fund can be a very necessary part of investment management and financial management. Even for various other needs, you can strengthen your investment plan by keeping the necessary funds such as reserve funds, floating funds and cash flow funds as part of the management. I hope that your investment will be able to survive even in emergency situations.

[Baki202]

You need to get rid of the idea that you can get rich quickly by investing in Bitcoin. This is not a quick scheme for earning money. Investing in Bitcoin cannot guarantee you profit, but if you invest patiently, there is a great possibility of getting good returns. Bitcoin is the most volatile currency, and it is very natural for there to be a price correction at any time. If the price is slightly down at any time, do not panic, but if you can hold Bitcoin regularly, then it is definitely possible to get good returns. Moreover, it is more convenient for those who do DCA when it is down. In terms of investment, if you keep accumulating a part of your discretionary income in Bitcoin regularly, it will help you risk-free and stress-free investment and you will be able to keep a large part of Bitcoin in your possession in the long term.

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

The way price is gradually going towards 130k is not enough to say altcoins might follow, because at this point, things are going extreme, and we cannot really predict for altcoins, but for Bitcoin, most times you see the Bitcoin price going up, and altcoins might not follow. So these are all the reasons why they are always advising people to invest in Bitcoin directly. because it will favor you when you invest, because there is more potential in Bitcoin than in any other coin.

So it is usually Bitcoin that is leading, and when you follow what is trending, it is even better, and that is why they are encouraging people to buy Bitcoin, especially when you are buying the dip, because buying the dip is like the biggest opportunity because there is no way that you will invest in Bitcoin and then regret it.

[Pi-network314159]

There are likely some members who are trolls or perhaps PsyOps.. so they are not being genuine. .and sure there are some who plagiarize and use bots to write their posts,  and so sometimes it can be difficult to know if someone is actually being genuine or if he is not.

Those folks who use bots or other tools to write their posts here or just trolling around for reasons best known to them, without actually genuinely engaging or comprehending with the contents and knowledge of this thread (or any other thread are indeed just hurting themselves, because by refusing to take out their time to grasp the concepts, ideas and knowledge being discussed here, they'll definitely end up applying misguided and flawed strategies, thereby leading to making several costly mistakes in their finances. Knowledge is power but entirely powerless when it's not well acknowledged. It's one thing to seek knowledge, help and guidance but entirely another thing to want to bypass the whole learning process altogether. The consequences of such actions will entirely be their own responsibility alone, considering the fact that every individual should take ownership of their financial decisions and education.

You know what? Using bot to write is like going to write a theory exam and cheating with the answer, then when it comes to the practical then it becomes difficult to prove your theory. The most important thing in life is to be natural than faking things up. I believe because of this reason that made most guys stayed long enough here but can't still figure out when something is right or wrong. Most time some guys may sound nicely or good, but as time goes on it looks like they are out of the line because they fail to use their brain

[Mehmet69]

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

Yes, of course we have to be patient. Because none of us can say exactly where the price of Bitcoin will go in the next volatility. However, in the current situation, we can assume that BTC will give us a very good price. Because one of the largest companies in the world is MSTR. According to the news received a while ago, "STRATEGY plans to raise $2B for Bitcoin purchases, upsizing from $500M."

And he further said, "If you're using Bitcoin right now, you're an early pioneer. If you keep it, you'll be insanely rich." 💰
So, in such a situation, we have to hold on to Bitcoin even tighter. Because those who understand something early are the real leaders. Those who understand the importance of Bitcoin early are the ones who are benefiting the most now. So we have to make the right decisions for the future 'today and now' by planning properly. If you can make the right decisions now, then you don't have to worry about anything in the future.

So, start investing in Bitcoin with a long-term mind.

[sotelorene]

You need to get rid of the idea that you can get rich quickly by investing in Bitcoin. This is not a quick scheme for earning money. Investing in Bitcoin cannot guarantee you profit, but if you invest patiently, there is a great possibility of getting good returns. Bitcoin is the most volatile currency, and it is very natural for there to be a price correction at any time. If the price is slightly down at any time, do not panic, but if you can hold Bitcoin regularly, then it is definitely possible to get good returns. Moreover, it is more convenient for those who do DCA when it is down. In terms of investment, if you keep accumulating a part of your discretionary income in Bitcoin regularly, it will help you risk-free and stress-free investment and you will be able to keep a large part of Bitcoin in your possession in the long term.

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

The way price is gradually going towards 130k is not enough to say altcoins might follow, because at this point, things are going extreme, and we cannot really predict for altcoins, but for Bitcoin, most times you see the Bitcoin price going up, and altcoins might not follow. So these are all the reasons why they are always advising people to invest in Bitcoin directly. because it will favor you when you invest, because there is more potential in Bitcoin than in any other coin.


So it is usually Bitcoin that is leading, and when you follow what is trending, it is even better, and that is why they are encouraging people to buy Bitcoin, especially when you are buying the dip, because buying the dip is like the biggest opportunity because there is no way that you will invest in Bitcoin and then regret it.

We all know that altcoins depend on Bitcoin so saying altcoins will grow along side with Bitcoin is not wrong and growing along side with Bitcoin doesn't mean they have same potential or same volatility level and on the other hand altcoins should not be our concern because they are not to be trusted and rely on because they can destroy someone's emotions easily.

I disagree with the ending of your last paragraph, someone can invest in Bitcoin and still regret if they didn't follow due process or do what is required to have a great investment so don't get it twisted, once you don't keep your emergency funds and reserve funds well and you don't invest from your discretionary or you invest more than you are suppose to invest from your discretionary, you will definitely regret it so that don't make newbie believe once they invest in Bitcoin everything is settled No.

[Zaka1221]

[edited out]

I think I got kind of confused at some point and misunderstood the whole aggressiveness stuff, as related to Bitcoin investment, but your explanation makes a lot more sense now and has provided a more vivid and clearer picture of what you meant. From what I was able to understand and grab from your explanation, aggressiveness in Bitcoin refers to how much of an investor's discretionary income is allocated to Bitcoin accumulation. When we consider an investor to be more aggressive in their approach, it means that they have prioritize Bitcoin investment or accumulation more heavily, but there's actually a very thin line between being overly aggressive in one's approach and overdoing the whole thing, and this can potentially lead to mistakes like investing beyond one's means.

Sure yes.  Choosing to invest aggressively is a choice that might relate to personal preferences, and also relate to how strong the investor has organized his cashflow management systems and practices.  The stronger his cashflow management and existence of various back up funds, then the more aggressive he can afford to be, yet anyone could be at risk of overdoing their aggressiveness if they either miscalculate or they allow their emotions to get them overly excited, which sure is just another form of making mistakes.

According to your suggestion, you're implying that it's way more better to invest in Bitcoin, even if it's actually whimpily or sluggishly done, than not investing at all, and I find this to be very true and agreeable. You know, there are a lot of investors or should I say those who plan to invest, but they've not been able to make any step towards getting started, maybe because their idea of Bitcoin accumulation is being aggressive, so they can reach their long term goals faster, and since they currently do not have the resources to invest in that pace,

I would think in the majority of cases it is not good to start out investing into bitcoin aggressively unless you already have a lot of investing experience and/or you are a fast learner when it comes to what would be a good approach to quickly getting a decently large position in bitcoin.

Most people are better off to hold back a bit in the very beginning and put some kind of a reasonable bitcoin accumulation plan into practice, so for example, a guy with $100k investment portfolio might want to get his bitcoin allocation to 15%, which would be $15k, so maybe he decides to invest around $1k per week for the next 15 weeks (3.5 months), and then to reassess at that time.  There are other ways to exercise some conservativism in the beginning and surely a lot of folks might not be sure about what is their total budget and/or their discretionary income, so a guy who pretty much knows that he could invest $100 per week without having any problems, he might purposefully decide to start out at $30 per week while he is assessing the situation and then when he becomes more comfortable, he might increase his weekly investment amounts... maybe after a few weeks of studying the matter.

Yes, you gave excellent plan for the investment because we are on the platform of cryptocurrency and we are supporting the new investors who want to invest their money and that are habitual to do work for the money but now they want to double and triple their money by investment in cryptocurrency because they know, no investment could be like Bitcoin because we know about other things in which someone can invest but we prefer Bitcoin because that is wonderful investment and everyone can do investment according to his capability.Everyone want to be trader but that is not an easy thing and that is very risky thing because you could lose all money you Invested but if you didn't give attention on market because market will go up in the near future.

[JayJuanGee]

That's the point Buddy,we cannot continue to eat our cakes and have it back . Some investors are fonds of dipping hands into their bitcoin portfolio with the mindset that it will appreciate back, that's bad. Such an investor is not helping his investment to grow in anyway. Tampering with his stash shouldn't be his last resort even after every other option has failed.if he has a good management plan and better cash flow,he wouldn't be thinking of tampering with his stash in the first place and for whatsoever reasons. I think this where his Emergency funds and reserve funds plays a critical role when situation rises to protect his investment from bad occurrences .An investor Bitcoin stashes shouldn't be tamper with rather it should be held for the longer term as it could also serve a greater purpose after retirements.

Let us be sincere to ourselves there can be reason why an investor can tamper with his stash and not the way you are making it look like, it has been a good and encouraging practices of ensuring the provision of an emergency funds and reserve funds to be made available for their specific purposes for anyone investing in to Bitcoin and if it happens that it is a health issues where they must have make use of their reserve funds first followed by their emergency funds and the issues still remain unsolved and they have completely gone out of the back up funds then there is nothing wrong tampering their with our  Bitcoin at that point in time, you can't completely say it is wrong to tamper with our Bitcoin for whatsoever reason.

Honestly, not all life is in black and white. Life has its own twists and turns and there are times when you have to take a dive into your stash. Although it is best to think long term and use emergency funds, not all people can have that pattern available. The key is intent and discipline, when someone pulls out of his or her stash with express purpose of recuperating and not as a habit then it may still be reasonable relative to his or her situation.

Some people put themselves into situations in which they have to dip into their stash because they failed to adequately prepare... but yeah, I agree with you that there will sometimes be situations in which a person has to draw into his stash.. and perhaps the earliest times of building up the bitcoin stash and the emergency funds is the most delicate, yet at the same time, BTC price moves can sometimes contribute to mistakes being made.  When we build our various back up funds and strengthen our cashflow management systems we lessen the chances for mistakes being made (such as dipping into the BTC funds), yet we likely are not able to completely remove such possibilities.. even though sometimes people do end up dipping into their funds due to their own sloppiness and mistakes that could have had been avoided.

According to your suggestion, you're implying that it's way more better to invest in Bitcoin, even if it's actually whimpily or sluggishly done, than not investing at all, and I find this to be very true and agreeable. You know, there are a lot of investors or should I say those who plan to invest, but they've not been able to make any step towards getting started, maybe because their idea of Bitcoin accumulation is being aggressive, so they can reach their long term goals master
K, and since they currently do not have the resources to invest in that pace,

I would think in the majority of cases it is not good to start out investing into bitcoin aggressively unless you already have a lot of investing experience and/or you are a fast learner when it comes to what would be a good approach to quickly getting a decently large position in bitcoin.

Most people are better off to hold back a bit in the very beginning and put some kind of a reasonable bitcoin accumulation plan into practice, so for example, a guy with $100k investment portfolio might want to get his bitcoin allocation to 15%, which would be $15k, so maybe he decides to invest around $1k per week for the next 15 weeks (3.5 months), and then to reassess at that time.  There are other ways to exercise some conservativism in the beginning and surely a lot of folks might not be sure about what is their total budget and/or their discretionary income, so a guy who pretty much knows that he could invest $100 per week without having any problems, he might purposefully decide to start out at $30 per week while he is assessing the situation and then when he becomes more comfortable, he might increase his weekly investment amounts... maybe after a few weeks of studying the matter.

Yes, getting started into investing in Bitcoin, is really important even if the amount for investing is very small, at least it can be beneficial, they can be doing that, while they get to know more about Bitcoin matter and how it operates, after then, they can decide if they should continue investing in Bitcoin in a more bigger amount and plan how to manage their capacity, even though there may be some risks involved or if they will have a shift in their approach or position..

Using your example, someone with that kind of income can decide on the amount to use for investment, if they will investing in weekly or monthly and if it's monthly payment, they have to make the amount higher, for it not to seems sluggishly. But it all depends on the individuals and their choices to decide how their level of investment based on their capacities.

For regular DCA, I like the idea of weekly DCA, especially for the beginner in the first few years of investing... yet the example that I gave was someone who was lump summing $15k in to bitcoin, and it was not likely coming from his regular income, and that was just an example of front loading the amount over 15 weeks if that might have been considered an acceptable timeline for someone who is wanting to get his first established stake into bitcoin over a period of 15 weeks.

[Miramax12]

That's the point Buddy,we cannot continue to eat our cakes and have it back . Some investors are fonds of dipping hands into their bitcoin portfolio with the mindset that it will appreciate back, that's bad. Such an investor is not helping his investment to grow in anyway. Tampering with his stash shouldn't be his last resort even after every other option has failed.if he has a good management plan and better cash flow,he wouldn't be thinking of tampering with his stash in the first place and for whatsoever reasons. I think this where his Emergency funds and reserve funds plays a critical role when situation rises to protect his investment from bad occurrences .An investor Bitcoin stashes shouldn't be tamper with rather it should be held for the longer term as it could also serve a greater purpose after retirements.

Let us be sincere to ourselves there can be reason why an investor can tamper with his stash and not the way you are making it look like, it has been a good and encouraging practices of ensuring the provision of an emergency funds and reserve funds to be made available for their specific purposes for anyone investing in to Bitcoin and if it happens that it is a health issues where they must have make use of their reserve funds first followed by their emergency funds and the issues still remain unsolved and they have completely gone out of the back up funds then there is nothing wrong tampering their with our  Bitcoin at that point in time, you can't completely say it is wrong to tamper with our Bitcoin for whatsoever reason.

Honestly, not all life is in black and white. Life has its own twists and turns and there are times when you have to take a dive into your stash. Although it is best to think long term and use emergency funds, not all people can have that pattern available. The key is intent and discipline, when someone pulls out of his or her stash with express purpose of recuperating and not as a habit then it may still be reasonable relative to his or her situation.

Some people put themselves into situations in which they have to dip into their stash because they failed to adequately prepare... but yeah, I agree with you that there will sometimes be situations in which a person has to draw into his stash.. and perhaps the earliest times of building up the bitcoin stash and the emergency funds is the most delicate, yet at the same time, BTC price moves can sometimes contribute to mistakes being made.  When we build our various back up funds and strengthen our cashflow management systems we lessen the chances for mistakes being made (such as dipping into the BTC funds), yet we likely are not able to completely remove such possibilities.. even though sometimes people do end up dipping into their funds due to their own sloppiness and mistakes that could have had been avoided.

According to your suggestion, you're implying that it's way more better to invest in Bitcoin, even if it's actually whimpily or sluggishly done, than not investing at all, and I find this to be very true and agreeable. You know, there are a lot of investors or should I say those who plan to invest, but they've not been able to make any step towards getting started, maybe because their idea of Bitcoin accumulation is being aggressive, so they can reach their long term goals master
K, and since they currently do not have the resources to invest in that pace,

I would think in the majority of cases it is not good to start out investing into bitcoin aggressively unless you already have a lot of investing experience and/or you are a fast learner when it comes to what would be a good approach to quickly getting a decently large position in bitcoin.

Most people are better off to hold back a bit in the very beginning and put some kind of a reasonable bitcoin accumulation plan into practice, so for example, a guy with $100k investment portfolio might want to get his bitcoin allocation to 15%, which would be $15k, so maybe he decides to invest around $1k per week for the next 15 weeks (3.5 months), and then to reassess at that time.  There are other ways to exercise some conservativism in the beginning and surely a lot of folks might not be sure about what is their total budget and/or their discretionary income, so a guy who pretty much knows that he could invest $100 per week without having any problems, he might purposefully decide to start out at $30 per week while he is assessing the situation and then when he becomes more comfortable, he might increase his weekly investment amounts... maybe after a few weeks of studying the matter.

Yes, getting started into investing in Bitcoin, is really important even if the amount for investing is very small, at least it can be beneficial, they can be doing that, while they get to know more about Bitcoin matter and how it operates, after then, they can decide if they should continue investing in Bitcoin in a more bigger amount and plan how to manage their capacity, even though there may be some risks involved or if they will have a shift in their approach or position..

Using your example, someone with that kind of income can decide on the amount to use for investment, if they will investing in weekly or monthly and if it's monthly payment, they have to make the amount higher, for it not to seems sluggishly. But it all depends on the individuals and their choices to decide how their level of investment based on their capacities.

For regular DCA, I like the idea of weekly DCA, especially for the beginner in the first few years of investing... yet the example that I gave was someone who was lump summing $15k in to bitcoin, and it was not likely coming from his regular income, and that was just an example of front loading the amount over 15 weeks if that might have been considered an acceptable timeline for someone who is wanting to get his first established stake into bitcoin over a period of 15 weeks.

truly long-term reasoning and financial discipline is what separate an investors from the holders, Bitcoin is likely a long-term asset thrive on a patience,  I agree with you life is  not always dark and white Emergencies doesn't request for permission , some many times dipping into stash is always the best while planning forward with emergency and keeping of funds is crucial but when we fail, survival comes  first in our mind. as long  its not a habit we can recovery speedily and rebuild our assets

[danadc]

Once you have a source of income that can manage your investment and you have a very good plan everything will definitely work out well unless nature don't want you to...

That's ideal, but you also have to consider that when an investment pays off, you have the right to solve your problems. I know the ideal is to find an additional source of income to solve problems, but if there isn't one? How do you do it? A person has to ensure their basic needs are met.

Initially, investments shouldn't be touched, especially not just to touch them. When investing, you have to invest what you can afford, not everything you have, because things like that happen.That's why the DCA method is ideal for this accumulating is the idea.

[yixichloro2xx]

That's the point Buddy,we cannot continue to eat our cakes and have it back . Some investors are fonds of dipping hands into their bitcoin portfolio with the mindset that it will appreciate back, that's bad. Such an investor is not helping his investment to grow in anyway. Tampering with his stash shouldn't be his last resort even after every other option has failed.if he has a good management plan and better cash flow,he wouldn't be thinking of tampering with his stash in the first place and for whatsoever reasons. I think this where his Emergency funds and reserve funds plays a critical role when situation rises to protect his investment from bad occurrences .An investor Bitcoin stashes shouldn't be tamper with rather it should be held for the longer term as it could also serve a greater purpose after retirements.

Let us be sincere to ourselves there can be reason why an investor can tamper with his stash and not the way you are making it look like, it has been a good and encouraging practices of ensuring the provision of an emergency funds and reserve funds to be made available for their specific purposes for anyone investing in to Bitcoin and if it happens that it is a health issues where they must have make use of their reserve funds first followed by their emergency funds and the issues still remain unsolved and they have completely gone out of the back up funds then there is nothing wrong tampering their with our  Bitcoin at that point in time, you can't completely say it is wrong to tamper with our Bitcoin for whatsoever reason.

Honestly, not all life is in black and white. Life has its own twists and turns and there are times when you have to take a dive into your stash. Although it is best to think long term and use emergency funds, not all people can have that pattern available. The key is intent and discipline, when someone pulls out of his or her stash with express purpose of recuperating and not as a habit then it may still be reasonable relative to his or her situation.

Some people put themselves into situations in which they have to dip into their stash because they failed to adequately prepare... but yeah, I agree with you that there will sometimes be situations in which a person has to draw into his stash.. and perhaps the earliest times of building up the bitcoin stash and the emergency funds is the most delicate, yet at the same time, BTC price moves can sometimes contribute to mistakes being made.  When we build our various back up funds and strengthen our cashflow management systems we lessen the chances for mistakes being made (such as dipping into the BTC funds), yet we likely are not able to completely remove such possibilities.. even though sometimes people do end up dipping into their funds due to their own sloppiness and mistakes that could have had been avoided.

You are right to highlight how dipping into a Bitcoin stash often stems from poor preparation rather than pure necessity. In the early stages of building a BTC position, everything feels delicate, emergency funds are thin, cashflow might be inconsistent, and the emotional pull of price volatility can lead to impulsive decisions. When someone hasn’t built a solid financial foundation, even minor disruptions can force them to liquidate part of their stash, undermining their long term strategy.

That is  why it is crucial to establish strong financial layers before going deep into Bitcoin accumulation. A wellfunded emergency reserve, disciplined budgeting, and clear mental boundaries between short term liquidity and long term holdings can dramatically reduce the chances of having to sell BTC under pressure. It is  not about perfection, it’s about resilience......The more intentional your systems are, the more protected your Bitcoin stash becomes, even when life throws curveballs.

Still, mistakes happen though, sometimes people dip into their stash not because they had no choice, but because they failed to plan properly. These moments can be painful, but they’re also instructive. Bitcoin rewards patience, discipline, and foresight. The more we treat it as a long term store of value rather than a speculative asset, the more we are able to build a position that truly supports our future goals. Preparation isn’t just financial, it’s psychological. And the earlier we internalize that, the stronger our Bitcoin journey becomes.

[ejikeme24]

There are likely some members who are trolls or perhaps PsyOps.. so they are not being genuine. .and sure there are some who plagiarize and use bots to write their posts,  and so sometimes it can be difficult to know if someone is actually being genuine or if he is not.

Those folks who use bots or other tools to write their posts here or just trolling around for reasons best known to them, without actually genuinely engaging or comprehending with the contents and knowledge of this thread (or any other thread are indeed just hurting themselves, because by refusing to take out their time to grasp the concepts, ideas and knowledge being discussed here, they'll definitely end up applying misguided and flawed strategies, thereby leading to making several costly mistakes in their finances. Knowledge is power but entirely powerless when it's not well acknowledged. It's one thing to seek knowledge, help and guidance but entirely another thing to want to bypass the whole learning process altogether. The consequences of such actions will entirely be their own responsibility alone, considering the fact that every individual should take ownership of their financial decisions and education.

You're right alot of people prefer learning outside the from here because they think that the informations that is been provided here is not enough, those who are going with this mentality would definitely get misleaded because if  you try asking google about the safety precautions that need to be taking to avoid tempering your bitcoin investment for any reasons I'm pretty sure that they won't give you a reasonable answer they won't even tell you that you should invest with your discretionary income rather they will use the word capital" the reason why we should prioritize learning from this forum is because, here  things are been explain to a layman understanding  and there is no way you will spend like 2 to 3 months in this forum without having the besic knowledge about bitcoin investment, as you will be getting ideas and opinion from different set of people is just like a guy who is learning from one particular master all the time and also a guy who is learning from a different master you know thier level of knowledge Will not be equal but some people don't always understand this.

[Berry2d]

You need to get rid of the idea that you can get rich quickly by investing in Bitcoin. This is not a quick scheme for earning money. Investing in Bitcoin cannot guarantee you profit, but if you invest patiently, there is a great possibility of getting good returns. Bitcoin is the most volatile currency, and it is very natural for there to be a price correction at any time. If the price is slightly down at any time, do not panic, but if you can hold Bitcoin regularly, then it is definitely possible to get good returns. Moreover, it is more convenient for those who do DCA when it is down. In terms of investment, if you keep accumulating a part of your discretionary income in Bitcoin regularly, it will help you risk-free and stress-free investment and you will be able to keep a large part of Bitcoin in your possession in the long term.

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years  because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

I think you should focus on accumulating Bitcoin Rather than speculating Bitcoin price in the next few years to come. No doubt that Bitcoin will be bullish in the up coming years, and even as we are anticipating on Bitcoin price, we should not  be overexcited about the future price of Bitcoin, because we may be disappointed when it didn't work out the way we plan. judging from your speech, it took Bitcoin 7 years to move from $7716k to $123k maybe for that reason in the next seven years, Bitcoin is expected to hit $1m or will also increase by such percentage. My friend Bitcoin is not calculated in such manner. Bitcoin doesn't have a straight forward movement, it is volatile which make it unpredictable. For Bitcoin to achieve $1m it will take longer time compeard yo its early days. It might take 20 30 or 40 years who knows when, but my main point or concern is that we should not be over speculative about Bitcoin price but take advantage by buying some portion of it gradually gradually, and anything that comes out in the future will be good for us than speculating about Bitcoin future price. Sometimes people end up speculating and end up becoming a no coiner or low coiner.

[IceLincoln]

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.

This reply might be coming late it’s cos I’ve been seriously engaged offline. I’m not supporting trading or advising people to go into it, I’m only trying to say that it’s also a means of making profits even if it’s not an investment. Why it is ill advised is cos the risks sometimes might be greater than the reward. You don’t venture into it if you’re a newbie cos you’ll definitely regret it.
Yes we’re discussing investment and doing it the right way in this thread, but the major aim of every investment is to make profits and gains. Hence if they’re making gains it’s not all bad, there are many ways to reach that aim, anyone can choose how they do it.
I totally support DCA method, personally I’m practicing it and also encouraging others to but I don’t wanna write off others who aren’t doing it. Each of us is responsible for every action we take, at the end of the day a person will do what he wants, you can only advise and leave the rest. Those who gamble (placing bets) do it for gains, will you say it’s a bad thing to do?, these are things that if you can’t do it don’t get involved.
People and their situations are different and might choose to go about making money different ways. People who engage in buying the dip and selling at high are not Investors, they’re just looking to make small gains. The problem is we see them as investors and judge them with such status, not everyone who owns a fraction of bitcoin is an investor.