Buy Buy Buy or Sell Sell Sell?

[yixichloro2xx]

You don't need to have the full understanding of bitcoin before you can invest into bitcoin. All you need is the basic knowledge of bitcoin how to buy from an exchange and holdi for long-term without selling a dime. You can learn and improve your knowledge in bitcoin as you6are investing, because bitcoin knowledge is broad and cannot be learned within six months because the dev are working on the network to strengthen the security every time. Instead, of waiting and wasting time thinking that learning bitcoin very well before starting, you will miss out the opportunity of starting your bitcoin investment and build your portfolio overtime. Delay is dangerous, because bitcoin price and time waits for no one.

It's true that starting to invest in Bitcoin doesn't require extensive knowledge. You can invest while learning. The most important thing is to understand the basics, such as how to store assets safely and the potential risks. This approach can provide hands-on experience that accelerates understanding and provides a realistic picture of Bitcoin investment, not just theory. It also helps them avoid missing out on opportunities, as those who take early steps, even small ones, have more time to learn and build their wealth.

Investing is not  about perfection as many people think it's about progress. Getting started with Bitcoin doesn’t require a PhD in blockchain. What it does require is understanding the basics on how to secure your assets, recognize volatility, and keep emotions in check. These early lessons aren’t just protective,  they are empowering and important.

 By taking those first steps, even modest ones, you gain real experience. You will then start to see how the market works, what influences price swings, and what strategies suit your style. Theory is great  but lived experience builds wisdom. And those who delay investing often miss the compounding value of time......It is  like planting a tree. You don’t have to know everything about botany to get started. But the earlier you plant, the more time it has to grow.......

Many people have less idea about investment and more blind faith, but it is not good for us to have blind faith in anything. If we have enough idea about investment before investing and invest our money according to the words of others, then we will not get any confidence at all by investing and every time the investor will feel that he has invested all his money, whether it will be a profit or a loss. Another disadvantage of investing by relying on others is that when the market is a bit negative, that investor will get excited and will blame the person from whom he learned about the investment for his investment. Therefore, before starting investment, every investor should first know about the investment and he should also make sure in which coin he will invest.

Blind faith in investing is like sailing a ship without knowing the tides coz you might drift, but you won't know where you are headed. Many people enter the world of investment guided solely by hearsay or hype, rather than knowledge. And while trust is vital in many aspects of life, in finance,  informed trust is what builds resilience.

When you invest based on others opinions alone, you rob yourself of the confidence that comes from knowing  why you made the choice. The result is  you are  left  every second guessing every market move, and when the tides turn negative, it is easy to point fingers instead of pivot wisely. ......To avoid emotional panic and regret, my personal advice is every investor should do their homework first,  learn the basics, understand the risks, and then choose carefully how and where they invest in Bitcoin......That clarity doesn’t just protect your wallet, it  also strengthens your mindset.

The more confidence that we have, the more aggressive we are able to be in our investment, yet even if we are lacking in confidence, we can still invest more conservatively in bitcoin.  In other words, we can choose our level of aggressiveness in accordance with our confidence level, yet many folks still should be getting off of zero and putting some money into bitcoin, even if they are lacking in confidence.  We live with the consequences of our actions, and even our inactions.  At the same time, we have to be careful in regards to concluding that we have to go big to invest into bitcoin... yet we might have regrets later based on our level of whimpiness in our investment, yet in the end we have to make choices about what to do now and without exactly knowing short-to-medium or even long term ways that bitcoin might play out in terms of its role in the world and/or its future price...

Also we don't know the level that any of us might end up screwing things up in our own management of our bitcoin and/or the management of our cashflows, so there is a lot of value in terms of our own attempts to create solid systems and/or practices in regards to our own tailoring our bitcoin investment to our circumstances. .and so historically there have been a lot of folks who had been waiting to invest into bitcoin, yet it seems to me that those who acted rather than waited have ended up in better circumstances since building up a bitcoin investment can take a whole hell of a long time, so people who end up spending a lot of time waiting rather than acting are likely not ending up with very much bitcoin even when they may have had many opportunities to buy it and to create a regular lifestyle (such as weekly btc purchases) that gives a certain level of priority to bitcoin, even if they might not have had a lot of confidence about bitcoin when they first got started investing into it.

If I may add to your point, one major takeaway here is that Bitcoin doesn’t require you to be a genius or a high conviction maximalist from day one. Most of us started with a bit of curiosity, a lot of doubt, and just enough courage to test the waters. The beauty of Bitcoin is that it lets you grow with it, as your confidence deepens as your understanding sharpens, and your conviction builds naturally over time........ You are absolutely right on people often get paralyzed waiting for the perfect moment, either waiting for a big dip, waiting until they  know enough, or waiting until they have  more money. But meanwhile, Bitcoin’s clock is ticking, blocks are being mined, and the supply remains capped. The longer one waits, the more uphill it gets to catch up.

And also, you touched on something often ignored which is the self management. It is not just about buying Bitcoin, it is  about building the discipline to stay consistent, manage risk, and secure your assets responsibly. Even the best asset in the world can not save someone from poor financial habits or lack of a plan. That is  where having a system, like weekly DCA or cold storage setups comes in. It creates that structure around your investment that helps remove emotions and keeps you grounded.

And hey, if someone ends up feeling like they didn’t go big enough early on, it ia not necessarily a loss. It is  just a lesson in confidence, timing, and perspective. The important part is being in the game at all. Because watching from the sidelines while Bitcoin keeps marching forward is a regret no one wants to live with long term......So yeah, like you said, even if your confidence is low, don’t sit on zero. Stack what you can, when you can, because the only thing worse than fomo is realizing you had every chance… and did nothing....

[JayJuanGee]

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

The fact that one has made plans on starting and is ready means they're good to go, I don't really understand where the bravery comes in or does the investor needs people like JayJuanGee and other strong holder to come in physical and motivate them daily before they'll know the right thing is to start once their discretionary is intact.

Since investing in bitcoin and bolstering cashflow management in a way that tailors to personal circumstances, there is likely a lot of learning along the way.  One thing is getting started and figuring out that a guy has enough discretionary funds to make a bitcoin purchase, yet there is another thing to keep such bitcoin investing going, including a likelihood that so many aspects of a guys relationship with his finances is likely ongoingly changing, including that he is likely going to need to learn a lot of new things in regards to his having had added bitcoin to his regular investments and figuring out how he is going to ongoingly be able to continue to do that while accounting for his personal circumstances.

What people don't understand is that they don't need too much motivation to succeed, or know everything about Bitcoin before investing, knowing the basics is enough to get started and once the discretionary is intact then they're good to go, bitcoin investment is not something that's very tough to understand, once you've started you'll gradually learn more on the long run.

In some sense, you are correct Princess Leah, yet I doubt that we can presume that everyone is going to be able to discipline themselves to create their bitcoin plan, to follow through and also to consider the extent to which their already existing cashflow management might need to be tweaked in accordance with their having had decided to buy bitcoin regularly, whether weekly or otherwise and whether DCAing, lump sum investing and/or buying the dip. 

I think that it can take years and years to both create good investment and/or cashflow management systems and to also put them into effect over 4-10 years or longer, and even if we consider that our newbie investor might have had considered that his investment into bitcoin was going to be 4-10 years or longer, there are not very many folks who are going to just have some lump sum amount sitting around that they put into bitcoin and then come back to revisit the matter 4-10 years or more later.

There is likely going to be interaction with the bitcoin investment and the cashflow management systems/practices, and there are likely going to be times in which the choices are not going to be easy, even if a newbie might start to think that from the start he will start out more whimpy (or conservative) and then he will increase his level of aggressiveness as he learns and gets used to bitcoin, yet there is even a lot of latitude deciding how aggressive to be, even if he is in a situation in which his discretionary income is somewhat steady, which is also not true for a lot of people.

You don't need to have the full understanding of bitcoin before you can invest into bitcoin. All you need is the basic knowledge of bitcoin how to buy from an exchange and holdi for long-term without selling a dime. You can learn and improve your knowledge in bitcoin as you6are investing, because bitcoin knowledge is broad and cannot be learned within six months because the dev are working on the network to strengthen the security every time. Instead, of waiting and wasting time thinking that learning bitcoin very well before starting, you will miss out the opportunity of starting your bitcoin investment and build your portfolio overtime. Delay is dangerous, because bitcoin price and time waits for no one.

It's true that starting to invest in Bitcoin doesn't require extensive knowledge. You can invest while learning. The most important thing is to understand the basics, such as how to store assets safely and the potential risks. This approach can provide hands-on experience that accelerates understanding and provides a realistic picture of Bitcoin investment, not just theory. It also helps them avoid missing out on opportunities, as those who take early steps, even small ones, have more time to learn and build their wealth.

If they only have limited knowledge, I think people will still delay investing in Bitcoin due to fear or other factors. Those of us who are already familiar with Bitcoin assets will certainly say that investing doesn't require extensive knowledge; you just need to learn how to buy, sell, and store them properly.

However, for those who are still unfamiliar with Bitcoin assets, another important thing they must have before investing is confidence and trust in Bitcoin itself. Once they have these two things, they are much more ready to buy Bitcoin even with limited knowledge.

So, confidence and knowledge must go hand in hand, otherwise, they will be afraid to invest. After all, investing requires confidence that the asset we're investing in has strong fundamentals for the future. I hope you understand my point, as I don't disagree with your statement; I simply want to add that "confidence and trust" in an asset are one of the indicators that people buy Bitcoin, even with limited knowledge.

The more confidence that we have, the more aggressive we are able to be in our investment, yet even if we are lacking in confidence, we can still invest more conservatively in bitcoin.  In other words, we can choose our level of aggressiveness in accordance with our confidence level, yet many folks still should be getting off of zero and putting some money into bitcoin, even if they are lacking in confidence.  We live with the consequences of our actions, and even our inactions.  At the same time, we have to be careful in regards to concluding that we have to go big to invest into bitcoin... yet we might have regrets later based on our level of whimpiness in our investment, yet in the end we have to make choices about what to do now and without exactly knowing short-to-medium or even long term ways that bitcoin might play out in terms of its role in the world and/or its future price...

Also we don't know the level that any of us might end up screwing things up in our own management of our bitcoin and/or the management of our cashflows, so there is a lot of value in terms of our own attempts to create solid systems and/or practices in regards to our own tailoring our bitcoin investment to our circumstances. .and so historically there have been a lot of folks who had been waiting to invest into bitcoin, yet it seems to me that those who acted rather than waited have ended up in better circumstances since building up a bitcoin investment can take a whole hell of a long time, so people who end up spending a lot of time waiting rather than acting are likely not ending up with very much bitcoin even when they may have had many opportunities to buy it and to create a regular lifestyle (such as weekly btc purchases) that gives a certain level of priority to bitcoin, even if they might not have had a lot of confidence about bitcoin when they first got started investing into it.

[edited out]

Preparing before venturing into Bitcoin is not prohibited or wrong and at same time it is not also compulsory that one should prepare everything before investing  but anyone who can prepare and still invest will stand at a better and great advantage than someone who didn't especially if they are discipline and has a good management skill. And anyone who can not also meet if they wait to prepare first should start at least and they will sort out things while they progresses in their investment, preparation is almost same thing as foundation and there is nothing more important than having a good foundation because sometimes it determine the longevity of the investment.

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly... and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

..... before starting investment, every investor should first know about the investment and he should also make sure in which coin he will invest.

Hopefully no one is so retarded as to conclude that they are going to invest in some shitcoin, since bitcoin is the only coin that is worthy of investing 4-10 years or longer.  Various other coins, aka shitcoins, are likely trades, and/or gambling rather than investing... so it is way better if newbies figure out ways to focus on bitcoin first rather than shitcoins.. and even though this thread questions the value of investing versus trading, we are in a bitcoin section, so it seems more on-topic to be talking about bitcoin here rather than any dilemmas that some guys (including you Fuso.hp) might have in regards to how many or how much shitcoins they want to buy.

[Berry2d]

Bitcoin market is not stable, today it raises, tomorrow it falls. The most important thing is someone investing in Bitcoin to monitor the market, some people have the patient of waiting while some others due to fear when they see that the price is fluctuating might rush and sell, I will suggest we buy the idea of buying and waiting while we monitor the market. If possible monitor it when the price is low then you buy and hold.

If you are planning to invest in bitcoin, then  you should have it in mind that you will be holding for a long period of time, so if you are having intention to hold for some period of time, then the current up and down in the market shouldn’t disturb you. If you are planning to invest, then just make use of DCA strategy, and start investing, you should know that bitcoin price cant be stable, and if you are planning to invest, then you don’t have to wait till bitcoin price is down before you going to invest, if you waiting for bitcoin price to drop before investing, then you might not really invest in bitcoin.

The only people that are suppose to be disturbed by the current movement in bitcoin price are the traders, but if you are a long term investor, then the current movement shouldn’t disturb you because even after buying bitcoin, you not really planning to sell the bitcoin soon, so before you sell, you will have been in good profit already.

We have to be prepared to invest in Bitcoin for the long term

Sometimes we don't need to be fully prepared before starting investing into Bitcoin. As afar as Bitcoin investment is concerned, you need to check the level of your discretion. The level of Your discretion fund will determine if you can start investing. If you want to be fully prepared, you may not start Bitcoin investment, knowing the challenges that may come along the line, which includes self deprivation of some fun just to invest into Bitcoin. But when you start with the little you can afford to lose from your discretion then it may appear more easier than expected. Remember imagination can be deceptive until you kick start with a step, till then you will know that  "a journey of a thousand miles begins with a step"

 

because otherwise, when you sell Bitcoin, you will be disappointed if the price of Bitcoin increases again.

The problem is not even disappointment you get from selling your Bitcoin and Bitcoin price rises again, but if you buy again you may not be able to buy the amount of Bitcoin you baught before or earlier with same price again. That's why it is important to take advantage of any opportunity to buy more Bitcoin than buying an later selling at lost instead of being patient.

 

[SOKO-DEKE]

Many people have less idea about investment and more blind faith, but it is not good for us to have blind faith in anything. If we have enough idea about investment before investing and invest our money according to the words of others, then we will not get any confidence at all by investing and every time the investor will feel that he has invested all his money, whether it will be a profit or a loss. Another disadvantage of investing by relying on others is that when the market is a bit negative, that investor will get excited and will blame the person from whom he learned about the investment for his investment. Therefore, before starting investment, every investor should first know about the investment and he should also make sure in which coin he will invest.

The fact is that you must learn from others if you don't want to make mistakes. As a Bitcoin investor, the truth is that you need to follow the ideas and advice of those who have experience. Just be the person who knows how to learn from others' investments.look at this thread, for example. People are really learning how to handle their Bitcoin investments here, thanks to advice from some good members. It can be hard for some to invest without learning from others' mistakes, and understanding how certain people have been successful with their Bitcoin investments.

What can newbies do? They can do more research on their own, but they also need to learn from others and know which coin to invest in. However, there's no other coin like Bitcoin. That's why most people with good knowledge about Bitcoin always advise newbies not to invest in any coin other than Bitcoin. They know that no other altcoin can compare to Bitcoin in terms of investment.

[UmerIdrees]

What can newbies do? They can do more research on their own, but they also need to learn from others and know which coin to invest in. However, there's no other coin like Bitcoin. That's why most people with good knowledge about Bitcoin always advise newbies not to invest in any coin other than Bitcoin. They know that no other altcoin can compare to Bitcoin in terms of investment.

Well, the newbies do just the opposite of this. When they enter in the crypto world, they see that the crypto market is dominated by BTC but when they see the price of bitcoin, they think that investing in bitcoin may not give them as much profit as any altcoins and therefore they invest major portion of their portfolio in altcoins.

They may get more quantity of cheap altcoins but the real value lies in bitcoins. Those who have invested in altcoins a year before are still in the loss as the altcoin dumps are more severe than bitcoin.

[ejikeme24]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

[JayJuanGee]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

[Tungbulu]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

That's correct. Experience does make us better in whatever we do, and buying Bitcoin as well as cashflow management isn't an exception to that, although this isn't actually guaranteed, particularly for individuals who are facing or experiencing some problems with their finances or struggling with debt repayment. Pre-existing bad habits could also be considered to be a big hindrance to progress, which is why it's of utmost importance that every individual must have to address whatever issues they may have.

It's also crucial to note that in order for one to improve in what they're doing, they should be willing and ready to learn, adapt and also develop better financial habits which might involve Budgeting and tracking of one's expenses, prioritizing debt repayment, having or building a solid emergency fund seeking more education on personal finance and investing as these could potentially help one groom a more friendly and better financial habits.

It's also very important to acknowledge the importance of self awareness and accountability as these could also be considered to be key. By actually acknowledging areas that requires improvement and also working towards changing and improving them, individuals could potentially develop a much healthier financial habit and become more successful in their Bitcoin investment.
Experience and knowledge are very essential, and even though you really do not need so much of it when getting started with your accumulation journey, as you advance, it's important to gain a good number of it as this determines how much you and your investment would grow. Again, we shouldn't forget that the qualities must be accompanied by discipline, patience and willingness to learn from mistakes, whether those mistakes was made by us or others who are doing the same thing we are doing and by combining these traits, it becomes pretty much easier for individuals to effectively manage and navigate the complexities and challenged of investing in Bitcoin and also potentially improve their overall financial situation.

[Cgrexp]

Many people have less idea about investment and more blind faith, but it is not good for us to have blind faith in anything. If we have enough idea about investment before investing and invest our money according to the words of others, then we will not get any confidence at all by investing and every time the investor will feel that he has invested all his money, whether it will be a profit or a loss. Another disadvantage of investing by relying on others is that when the market is a bit negative, that investor will get excited and will blame the person from whom he learned about the investment for his investment. Therefore, before starting investment, every investor should first know about the investment and he should also make sure in which coin he will invest.

The fact is that you must learn from others if you don't want to make mistakes. As a Bitcoin investor, the truth is that you need to follow the ideas and advice of those who have experience. Just be the person who knows how to learn from others' investments.look at this thread, for example. People are really learning how to handle their Bitcoin investments here, thanks to advice from some good members. It can be hard for some to invest without learning from others' mistakes, and understanding how certain people have been successful with their Bitcoin investments.

What can newbies do? They can do more research on their own, but they also need to learn from others and know which coin to invest in. However, there's no other coin like Bitcoin. That's why most people with good knowledge about Bitcoin always advise newbies not to invest in any coin other than Bitcoin. They know that no other altcoin can compare to Bitcoin in terms of investment.

Newbies need to use their own logic as well as learning. Any decision without proper information and analysis can be a loss. This balance of learning, verification and making decisions with confidence is the right path. If one learns by consulting and analyzing experts in addition to learning on their own, then they will be able to take it more consciously. In my opinion, learning alone can be time-consuming and confusing for new investors. They can take guidance from trusted sources, which will make their learning process faster and more accurate. Therefore, it is important to analyze the experiences of others with confidence and critical thinking. Bitcoin is undoubtedly a powerful and long-term proven asset. I think beginners should definitely give Bitcoin first priority. Bitcoin has successfully established itself in the long run through these four factors: value, acceptance, security and stability. By following the advice of experts and understanding Bitcoin well, a new investor not only gains confidence but also reduces the risk of making wrong decisions.

[sotelorene]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

Yes I agree with this, experience can make one to be inform, it can also make someone to be aware of unforseen circumstances and help one to prepare towards those situations. But in Bitcoin it is not really good to first have bad experience before one can really learn or adjust in some things, in as much we are investing knowing Bitcoin is a great asset we should also be conscious of some situations because it will help a lot, someone use to tell me " Don't wait for something bad to happen but rather try find out how it always happen, what makes it happens and look for a way to go about it even though you may not stop it entirely "

[icebar]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

Yes I agree with this, experience can make one to be inform, it can also make someone to be aware of unforseen circumstances and help one to prepare towards those situations. But in Bitcoin it is not really good to first have bad experience before one can really learn or adjust in some things, in as much we are investing knowing Bitcoin is a great asset we should also be conscious of some situations because it will help a lot, someone use to tell me " Don't wait for something bad to happen but rather try find out how it always happen, what makes it happens and look for a way to go about it even though you may not stop it entirely "

Yes, as you gain knowledge, your confidence in Bitcoin will increase. But if you wait and spend a long time before investing in Bitcoin to gain proper knowledge, I think it will not be a good decision. If you have a basic idea before investing, especially how to store it in a safe wallet, I think you can start investing regularly from then. Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

[Silikiem]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

Yes I agree with this, experience can make one to be inform, it can also make someone to be aware of unforseen circumstances and help one to prepare towards those situations. But in Bitcoin it is not really good to first have bad experience before one can really learn or adjust in some things, in as much we are investing knowing Bitcoin is a great asset we should also be conscious of some situations because it will help a lot, someone use to tell me " Don't wait for something bad to happen but rather try find out how it always happen, what makes it happens and look for a way to go about it even though you may not stop it entirely "

Yes, as you gain knowledge, your confidence in Bitcoin will increase. But if you wait and spend a long time before investing in Bitcoin to gain proper knowledge, I think it will not be a good decision. If you have a basic idea before investing, especially how to store it in a safe wallet, I think you can start investing regularly from then. Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

For a newbie who’s desirous to invest in bitcoin, I especially recommend that it’s better to get started first in accumulating bitcoin once you’re able to figure out your discretionary income because that’s just what’s needed to start investing in bitcoin. Your idea is good but I still think that most newbies will find it complicated or rather seems misleading when they read through the line where you said “the price of Bitcoin can increase from current price at any given time and the current price can be a dip”. This would seems as though you’re saying and encouraging they should only invest when bitcoin price dips. It’s better you let them know that they should get started immediately they are able to figure out their discretionary income no matter what the price of bitcoin is because they mustn’t buy all the coins. With their discretionary income available, they can adopt the DCA method of accumulating bitcoin and buy bit by bit either on weekly or monthly basis no matter what the price is using just their available discretionary income with the right strategy of investing for the long term goal of consistently, persistently accumulating bitcoin and hodl.

[Barikui1]

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

Yea you are actually right here, it's takes a newbie investors more time to unlearn bad investment harbit, relearn and stick to the right knowledge, because I have seen guys that are used to buying Bitcoin and selling off once their is an increase in price, those types of newbies investors, it will takes them years to accept the reality that the best way to make a fortune from your investment in Bitcoin is by accumulating a huge stash of it and hold for a very long period of time.
These types of investors, due to the fact that they already have those bad harbits, those traders mindset, it will take them more time to readjust and move on the right path even though they know that they were on the wrong path for too long, but if the said fellow has the will needed to grow in his Bitcoin investment, with time he will readjust and follow the right path even though he might struggle in doing so.

[Lolipo]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

You are right boss, but I think some people still have this mindset that once e falls raising up will be difficult, I think Bitcoin goes with dollar exchange, dollar 💰 is not stable, it falls today and tomorrow it raises. The same thing happens in Bitcoin market it's not also stable. I will encourage everybody who wants to go into Bitcoin thread or people who want to start to have patience will doing the thread, it is not always easy at start but the end is always good and its profitable investment

[IceLincoln]

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

The fact that one has made plans on starting and is ready means they're good to go, I don't really understand where the bravery comes in or does the investor needs people like JayJuanGee and other strong holder to come in physical and motivate them daily before they'll know the right thing is to start once their discretionary is intact.

 What people don't understand is that they don't need too much motivation to succeed, or know everything about Bitcoin before investing, knowing the basics is enough to get started and once the discretionary is intact then they're good to go, bitcoin investment is not something that's very tough to understand, once you've started you'll gradually learn more on the long run.

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

[Promocodeudo]

Yes, as you gain knowledge, your confidence in Bitcoin will increase. But if you wait and spend a long time before investing in Bitcoin to gain proper knowledge, I think it will not be a good decision. If you have a basic idea before investing, especially how to store it in a safe wallet, I think you can start investing regularly from then. Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

Waiting has never been an option instead it will derail you from the right mindset of investing Bitcoin, waiting has never done anyone good, of course one has to be part of the investment to gain knowledge, staying idle spectating will only turn you into a wonderer, I have never failes to tell people that ask me about Bitcoin investment the truth about it, some say they heard that the best time to invest in Bitcoin is during the dip and another thing is some people out there don't even have the idea that there is something like DCA method of investing in Bitcoin, they feel that the investment must be done with huge amount of money but I was able to do the needful by telling some of them the whole thing but in all the decision is theirs to make, sorry I deviated a bit but in all it all about staring a little that grows to something, what an intending investor need, is to start first, then comes the full knowledge.

[Cgrexp]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

You are right boss, but I think some people still have this mindset that once e falls raising up will be difficult, I think Bitcoin goes with dollar exchange, dollar 💰 is not stable, it falls today and tomorrow it raises. The same thing happens in Bitcoin market it's not also stable. I will encourage everybody who wants to go into Bitcoin thread or people who want to start to have patience will doing the thread, it is not always easy at start but the end is always good and its profitable investment

'Bitcoin goes with the dollar exchange rate, the dollar is not stable, it falls today and rises tomorrow, the same thing happens with Bitcoin'. There is partial truth in your comment, that is, both currencies are not stable. We know that the Bitcoin market is unstable. Its price volatility is very high. Bitcoin can fluctuate up to 8-10% or more in a day. The fluctuation of the dollar's price can be as high as 1-2% in a day, which is not as volatile as Bitcoin. The dollar is a currency controlled by the central bank, managed by the government and the federal reserve, and the dollar's price is kept stable through the central bank and economic policies. On the other hand, the price of Bitcoin is determined based on the behavior of investors, supply and demand. We know that Bitcoin is a decentralized digital currency, it is not controlled by any government or institution. Bitcoin is a digital asset with a limited supply. So your comment that Bitcoin goes with the dollar exchange rate sounds confusing. Bitcoin and the dollar are two completely different assets.  Therefore, it is a misconception to call Bitcoin as stable as the dollar or to consider its impact.

[Jostern]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

Yes you’re absolutely right, as an investor it would definitely make sense as we grow and learn from the experience of accumulating Bitcoin for a very long time, because we would definitely have to consider different approaches and different factors that would make us an investor to be able to accumulate a very good high amount of bitcoin into our portfolio, now it would come to our understanding that we would have to manage our cash flow in terms of how we take care of our bill and expenses and how we can go on with our daily lifestyle of spending money on some unnecessary expenditure and how to manage our income in a timely manner to be able to have a good reasonable amount of discretionary income that would definitely help us to try and increase our income and to also have more discretionary income to buy more, we could decide on some little details of lifestyle, by making some decisions that would be beneficial to us, I could decide not to have any business or having fun while I’m still in my accumulation stages, probably decide to do that a little bit my reducing some addiction in lifestyle.

However it is reasonable to consider our situation of acquiring debts in life which is something that as in investor we could try to control this situation and scenario not to occur in our life’s that is were we have to manage our bad habits and try to be in control of ourselves instead of our habit to be in control of ourselves, it all comes under good financial management and cash flow management, if we’re able to control ourselves and our expenses then we could be able to control putting ourselves into debts which is one way of adjusting into our financial abilities, because as an investor I wouldn’t want to make a bad financial decision that would make me not to be able to manage and sustain my bitcoin portfolio, for example I have a certain amount of money or income that I want to purchase a vehicle or I want to buy a house when I have a bad financial condition something I know I couldn’t afford for now, then I went on to acquire some loan so I could be able to get a car or buy a house, which is a bad financial decision for me, instead of making due of my financial ability.

[Kelward]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

You are right boss, but I think some people still have this mindset that once e falls raising up will be difficult, I think Bitcoin goes with dollar exchange, dollar 💰 is not stable, it falls today and tomorrow it raises. The same thing happens in Bitcoin market it's not also stable. I will encourage everybody who wants to go into Bitcoin thread or people who want to start to have patience will doing the thread, it is not always easy at start but the end is always good and its profitable investment

If you are on DCA method it means that you've made up your mind to be buying and hodl on the long term so there's no need to worry about current price when you want to buy. Any investors that plans to be buying for the long term should understand that Bitcoin is volatile and pump and dump are part of the market dynamics. What matters is that it has the potentials to always reach new ATH and give ROI to capitals.

New investors should not panic and sell when price drops, this is a very important knowledge that they need to have. If you're not told or understand about price fluctuations you will be alarmed and wonder what is happening to your coins. It's not enough to create a wallet and have Bitcoin sent to it you should try and understand how the market works.

[Derekfunds]

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

The fact that one has made plans on starting and is ready means they're good to go, I don't really understand where the bravery comes in or does the investor needs people like JayJuanGee and other strong holder to come in physical and motivate them daily before they'll know the right thing is to start once their discretionary is intact.

 What people don't understand is that they don't need too much motivation to succeed, or know everything about Bitcoin before investing, knowing the basics is enough to get started and once the discretionary is intact then they're good to go, bitcoin investment is not something that's very tough to understand, once you've started you'll gradually learn more on the long run.

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

I don't think investing in Bitcoin as a newbie is bravery rather it can be seen as a choice and decision and at one point or the other one ought to make or take decision that will be beneficial to them even though it won't happen immediately but later. If you said those who start investing in Bitcoin ( newbie) are brave then what will you now call them if they stopped investing along the line stupid or what? Lol, anything one is doing in Bitcoin is to their own detriment and yes Bitcoin is very easy to invest that is when you have a discretionary especially the one you feel is okay.