Buy Buy Buy or Sell Sell Sell?

[Jostern]

The crazy part if we are buying bitcoin for 4-10 years and even longer, we could end up buying at the top and at the ATH several times and still end up in profits over the long term with each of the purchases and/or with the overall average purchases, and we have no way to know if we are buying at the top, so we should not be thinking about those kinds of matters if we keep on accumulating bitcoin on a regular basis, as you mentioned.

If you are buying for last 10 years then you are not only buying at ATH but also at low price. ATH changes with time, like in 2017 ATH was 20k which today looks like an ordinary price. Today price is at it's peak of 115k and may be after few years from today 115k also looks to us an ordinary price. One advantage of keep buying for 10 years is that we don't need to worry about the bottom. Ten years averages the top, middle and bottom prices to give a good figure.

Changing of all time high shows that the value of Bitcoin is not fixed or constant, it varies with time and season and that is why we should have the long term mindset because there is high possibility of profit in long term investment even though nothing is certain. All time high signify the highest point or price Bitcoin has attain for a given period of time and what happened years back will definitely repeat itself again because the price we are seeing now will be considered as very minimal in years coming because of the extent or height Bitcoin will attain.

When we have different ATH it’s actually telling us that we should keep buying and accumulating bitcoin gradually, for those of us who have already been buying bitcoin in awhile now, well for those of us who are a no coiner and are still interested in buying and accumulating bitcoin it’s better that we should always start investing immediately when we have that discretionary income instead of waiting, because as time goes that is how we’re loosing opportunities because Bitcoin always gives us different ATH because of the volatile nature of the Bitcoin price.

But we should not consider the price of bitcoin when we have a discretionary income to start or continue investing in bitcoin, we can always accumulate using the DCA, it is true that nothing is certain when investing in bitcoin that is why it would be more ideal and sensible to invest immediately and not having the mindset of making profit immediately, and planning on buying and holding bitcoin for a long term plans.

[Derekfunds]

Bitcoin is for tradersbut if you are a trader and you know about Bitcoin, you cannot see Bitcoin and traders as the same thing because Bitcoin is a long-term investment. Because of its nature, it will always be seen as a long-term investment with a bright future. Any trader who sees Bitcoin as a trader has no knowledge of Bitcoin and is also a greedy person who should be careful with making quick profits. Investing in Bitcoin does not guarantee that you will make a profit in the coming months or that you will get the kind of profit you desire quickly. Bitcoin requires a lot of patience, and you can not invest if you lack patience.

There is no method that can satisfy anyone who lacks patience and tries to invest in Bitcoin. Many people have sold for their Bitcoin for since because they were unsure of it and when they noticed that its price had increased. It is not bad to sell your Bitcoin because you own it, but if you are patient, you will earn more because as long as we are alive, we all have a bright future.

We don't do that here dear, you can go to the trading discussions board and make such statement then you'll get full support from those with the trading mentality but here we teach people the right thing and also learn including sharing good ideas amongst ourselves, the point of Discussion in this thread is relating to investment which is buying and holding Bitcoin for a longer period but if you think otherwise you can go ahead and keep trading your bitcoin and see how much profits you'll make compared to when you hold it with continues accumulation.

 The statement ahead was what I intended replying to what you said concerning Bitcoin being for trading but reading through everything you've said I think I get your point but then you should know that Bitcoin is now seen more as a store of value, therefore it's better to buy and hold to make more profits in the future than trading it which involves very high risk and could make an investor lose everything, majority of the people who choose trading with Bitcoin always end up with regrets.

According to @ruykeri, Bitcoin is not for traders. From what I understand, someone who is into trading can invest in Bitcoin as long as they understand it, they have patience and how it works. He is correct about traders because they are always interested in anything that can yield a quick profit, which is one of the reasons some traders find it difficult to invest in Bitcoin. I didn't make it clear that it looks like I support trading, I didn't support trading here, and I don't engage in trading. Trading is extremely risky and can cause you to lose everything at once. It is better to invest in Bitcoin and stick it it rather than take the chance of trading. Bitcoin has always been a wise investment and will continue to be the best cryptocurrency asset.

First of all engaging in trading and also investing or trying to invest is not advisable or encouraged since that person already have the mindset of short term profit ( which trading ), there is a possibility that he will use his Investment to trade one day because trading is like a character once you have this character it becomes hard to stay away from. So these two combo can not work, just pick one and focus on but I will still advise one go for Investing instead of trading because it is very risky. Your last statement seems to look misleading, mind you Bitcoin is not a cryptocurrency rather it is digital asset which has potential more than those cryptocurrency.

[Iamgoat]

Changing of all time high shows that the value of Bitcoin is not fixed or constant, it varies with time and season and that is why we should have the long term mindset because there is high possibility of profit in long term investment even though nothing is certain. All time high signify the highest point or price Bitcoin has attain for a given period of time and what happened years back will definitely repeat itself again because the price we are seeing now will be considered as very minimal in years coming because of the extent or height Bitcoin will attain.

I agree with you, that's why I have been repeatedly talking about investing in Bitcoin in past posts. Especially for those who are new investors, I have shown with evidence that those who invested in Bitcoin in 2013 or 2012 are the most successful today and those who could not invest in Bitcoin around 2013 are just spending time with regret. As time goes by, the price of Bitcoin has changed drastically, so when you invest in Bitcoin for a long time, this is the best time for you.
In the same situation, the price of Bitcoin will not remain for a long time, it is volatile. If you invest in it quickly, if you do not have enough money, then you can invest in Bitcoin weekly by following the DCA method. So it will be the most suitable and correct investment for new investors.

My first advise goes to the new investors who should uphold the DCA  method as their main method of investment including the low-income earners too like the civil servants. There's no barricade or limitations to who can invest in bitcoin regardless of one's financial standards because it helps to reduce your risks, and allows you to build your wealth over a long period of time, gradually. Yu don't not need to stack up millions before you being to in bitcoin, you only need to start and invest consistently for over a long time.

The aspect of bitcoin which is impressive is the progressive nature of the coin. History have shown that anytime bitcoin experiences a dip, the next rise of the coin is followed by a bigger rise making it a preferable option for any potential investors willing to sink in their funds. The price of bitcoin will definitely not be same as time progresses, the price also rises and makes more sense as a futuristic coin to invest.

[Sjkah]

...~...

If you are buying for last 10 years then you are not only buying at ATH but also at low price. ATH changes with time, like in 2017 ATH was 20k which today looks like an ordinary price. Today price is at it's peak of 115k and may be after few years from today 115k also looks to us an ordinary price. One advantage of keep buying for 10 years is that we don't need to worry about the bottom. Ten years averages the top, middle and bottom prices to give a good figure.

Over the past 10 years, anyone familiar with Bitcoin and closely monitoring it when buying has seen several ATH reversals, which generally occur every four years, such as in 2017, 2021, and this year, with a peak of over $122,000, not $115,000 as you claim. And for those who have been consistently buying Bitcoin since 2015 until this year, they have undoubtedly felt the immense success of their actions, driven by incredible confidence over the past ten years. So, these people have seen and experienced such a significant price difference that they no longer expect Bitcoin to return to its former lows, despite the constant volatility. However, as we've seen, the price continues to rise, and now the price of Bitcoin has surpassed $117,000 again in the market.

Reversal happens in 2018 and 2022 which is the bear market. 2017 and 2021 was a bull run. It's obvious that if you have been buying in the last 10 years then you will have profited big already. Even if we start in 2022 as well and till now we are not selling any, then the ROI is really huge. And for sure we have heard about the Satoshi era investor who sold recently. The price of Bitcoin when he bought it is less than $1.00 and when he sold it, the ROI was close 17,000,000%.

And the crazy part? DCA works even when you don’t time the bottom… Like, you could literally buy while Bitcoin is dropping, and as long as you stay consistent over time, you still be profitable off it…  That’s what people don’t get. You’re playing the long game, and the long game always wins in Bitcoin investment...

Most of the OGs you see sitting on bags of Bitcoin did not trade their way there, they just kept buying regularly, ignored the noise, and waited. Simple as that….

The crazy part if we are buying bitcoin for 4-10 years and even longer, we could end up buying at the top and at the ATH several times and still end up in profits over the long term with each of the purchases and/or with the overall average purchases, and we have no way to know if we are buying at the top, so we should not be thinking about those kinds of matters if we keep on accumulating bitcoin on a regular basis, as you mentioned.

Another crazy part of the history is, if everyone will remember James Howells, the man who have lost $8k Bitcoin when he accidentally throw the hard drive with the keys in it in a landfill in 2013. He has spend more than 10 years now trying to fight it out to be able to scan the landfill with his hard drive. Just imagine if he invested in let say in 2015 instead of using that money to look into the land fill and now trying to buy it, he could easily be getting his money back already or even profited more than what he lost.

I don't know how accurate James Howells' example is. But if you invest in Bitcoin in some way, it will eventually become a very big investment. Those who sit around thinking about it and don't invest in Bitcoin will fall further behind. If you bought Bitcoin in 2015 when the price was much lower, you could have sold it at a much higher price now. If you bought Bitcoin around 2015 and started investing, you could have made a lot of progress by now.

[blackberrman]

Changing of all time high shows that the value of Bitcoin is not fixed or constant, it varies with time and season and that is why we should have the long term mindset because there is high possibility of profit in long term investment even though nothing is certain. All time high signify the highest point or price Bitcoin has attain for a given period of time and what happened years back will definitely repeat itself again because the price we are seeing now will be considered as very minimal in years coming because of the extent or height Bitcoin will attain.

I agree with you, that's why I have been repeatedly talking about investing in Bitcoin in past posts. Especially for those who are new investors, I have shown with evidence that those who invested in Bitcoin in 2013 or 2012 are the most successful today and those who could not invest in Bitcoin around 2013 are just spending time with regret. As time goes by, the price of Bitcoin has changed drastically, so when you invest in Bitcoin for a long time, this is the best time for you.
In the same situation, the price of Bitcoin will not remain for a long time, it is volatile. If you invest in it quickly, if you do not have enough money, then you can invest in Bitcoin weekly by following the DCA method. So it will be the most suitable and correct investment for new investors.

My first advise goes to the new investors who should uphold the DCA  method as their main method of investment including the low-income earners too like the civil servants. There's no barricade or limitations to who can invest in bitcoin regardless of one's financial standards because it helps to reduce your risks, and allows you to build your wealth over a long period of time, gradually. Yu don't not need to stack up millions before you being to in bitcoin, you only need to start and invest consistently for over a long time.

The aspect of bitcoin which is impressive is the progressive nature of the coin. History have shown that anytime bitcoin experiences a dip, the next rise of the coin is followed by a bigger rise making it a preferable option for any potential investors willing to sink in their funds. The price of bitcoin will definitely not be same as time progresses, the price also rises and makes more sense as a futuristic coin to invest.

Bitcoin has a history that can help us learn, Bitcoin has faced dumping many times and has come back stronger after the fall, such an increase in the price of Bitcoin tells us that over time, people's trust and acceptance of Bitcoin has increased and will increase further in the future, Bitcoin investment is not based on its price because the price of Bitcoin is never stable, it has the possibility of both high pumping or dumping, so you should not delay your presence in your investment, because when the price of Bitcoin is in high pumping, you will be disappointed, because you wanted to invest but its price you expected it to face a bigger dumping, in that case, if you do not want to fall behind, then the DCA strategy is the best for you, because the DCA strategy can invest regularly or weekly and monthly in this way you can also strengthen your investment.

[Merit.s]

Reaching your accumulation target to me is not an enough reason to sell your bitcoin. In as much as you may not hold your bitcoin time eternity but it's not wise to sell just because you've reached your target and you now are still in active service. Withdrawing at retirement or in an event of extreme emergency situation may be a wiser reason to withdraw your bitcoin.

If you have reached your bitcoin target and you are still very active financially and young in age, you can increase your bitcoin target and start accumulating towards your new target so that you can reach an over accumulation phase in your bitcoin investment. It's a wide decision because no amount of bitcoin can be enough for us if we have the capacity and resources to continue accumulating after we have achieved our bitcoin target. That gives you more room to increase our wealth in bitcoin.

[Finebone]

First of all engaging in trading and also investing or trying to invest is not advisable or encouraged since that person already have the mindset of short term profit ( which trading ), there is a possibility that he will use his Investment to trade one day because trading is like a character once you have this character it becomes hard to stay away from. So these two combo can not work, just pick one and focus on but I will still advise one go for Investing instead of trading because it is very risky. Your last statement seems to look misleading, mind you Bitcoin is not a cryptocurrency rather it is digital asset which has potential more than those cryptocurrency.

I don't really think that way though because I know of some few individuals that were  traders, but due to constant losses they finally realized that investment in bitcoin is the best, though they till venture into the market, but they aren't as obsessed as they were when focusing on trading alone.
Additionally , they now do it like something they wish to try their luck, anytime they wish to, even though their main focus is in Bitcoin investment, so I believe that both of them can be done without troubles as long as he prioritize Bitcoin investment over trading.

[AYOBA]

According to @ruykeri, Bitcoin is not for traders. From what I understand, someone who is into trading can invest in Bitcoin as long as they understand it, they have patience and how it works. He is correct about traders because they are always interested in anything that can yield a quick profit, which is one of the reasons some traders find it difficult to invest in Bitcoin. I didn't make it clear that it looks like I support trading, I didn't support trading here, and I don't engage in trading. Trading is extremely risky and can cause you to lose everything at once. It is better to invest in Bitcoin and stick it it rather than take the chance of trading. Bitcoin has always been a wise investment and will continue to be the best cryptocurrency asset.

Indeed, traders are able to invest in Bitcoin because it is an asset that can yield quick returns for them. The traders can be located there. You trying to convince those who are not guided that the bitcoin investment is not for the traders, which is something I also disagree with, but it is clear from your reply that you do not support traders. Because everyone has the right to invest in Bitcoin, even if they lack the funds or knowledge necessary to undertake such an investment.

Furthermore, Bitcoin is a popular asset, which is why many love to purchase and sell when the market rises, multiplying their earnings. However, trading involves risks, and not everyone can afford to lose money trading. That’s why we can see most people run from it.

[Moreno233]

Reaching your accumulation target to me is not an enough reason to sell your bitcoin. In as much as you may not hold your bitcoin time eternity but it's not wise to sell just because you've reached your target and you now are still in active service. Withdrawing at retirement or in an event of extreme emergency situation may be a wiser reason to withdraw your bitcoin.

If you have reached your bitcoin target and you are still very active financially and young in age, you can increase your bitcoin target and start accumulating towards your new target so that you can reach an over accumulation phase in your bitcoin investment. It's a wide decision because no amount of bitcoin can be enough for us if we have the capacity and resources to continue accumulating after we have achieved our bitcoin target. That gives you more room to increase our wealth in bitcoin.

I think reaching over accumulation target should be the aim of every investor since hitting that target simply mean you followed the right steps, held your Bitcoin as you should and also deployed the concept of emergency funds which served to protect your investment.

I have an age-based Bitcoin accumulation target which requires that at certain age I should have gotten certain quantity of Bitcoin. It will of great joy to me to hit that Bitcoin target at less than that age so I can use the remaining years to consolidate on my Bitcoin stash. I would want to experience that fulfilling joy of beating a target that I set for years.

[Proty]

. It is not bad to sell your Bitcoin because you own it, but if you are patient, you will earn more because as long as we are alive, we all have a bright future.

Selling your Bitcoin and taking profit from it is never a bad idea, it's like you rewarding yourself for consistency and discipline, but where the challenge are is selling everything off entirely. It's really wrong to be selling your Bitcoin when you have not gotten to the end of your accumulation journey, if you have gotten there and you feels like you want to reward yourself by selling some part of your Bitcoin, it's cool, but selling everything off and become a no coiner overnight is what is terribly bàd, you might argue that it's your asset, that you can do what ever you pleases but that's not a wise decision at all to sell off everything and become a no coiner all of a sudden.

So taking profit gradually from your Bitcoin holdings when you have gotten to the end of your accumulation and investment journey is the ideal way to go about it, not selling everything off entirely.

It is not a nice idea for someone who is a low coiner that is supposed to focus on building a better portfolio in bitcoin to start selling of there bitcoin, they are still in accumulation phase there main focus should be on continuous accumulation and not selling to be taken profit . This is purely trading and such individual  will barely hold a good portfolio in bitcoin. Before an investor should start talking of taking profit from there investment, they should have accumulated a good amount of bitcoin in there portfolio and hold for like 5-10yrs. So taking profit from our investment while we are supposed to be accumulating continuously, persistently and aggressively. To me is not investment but rather gambling with bitcoin.

[Bigjoe33]

Bitcoin is for tradersbut if you are a trader and you know about Bitcoin, you cannot see Bitcoin and traders as the same thing because Bitcoin is a long-term investment. Because of its nature, it will always be seen as a long-term investment with a bright future. Any trader who sees Bitcoin as a trader has no knowledge of Bitcoin and is also a greedy person who should be careful with making quick profits. Investing in Bitcoin does not guarantee that you will make a profit in the coming months or that you will get the kind of profit you desire quickly. Bitcoin requires a lot of patience, and you can not invest if you lack patience.

There is no method that can satisfy anyone who lacks patience and tries to invest in Bitcoin. Many people have sold for their Bitcoin for since because they were unsure of it and when they noticed that its price had increased. It is not bad to sell your Bitcoin because you own it, but if you are patient, you will earn more because as long as we are alive, we all have a bright future.

We don't do that here dear, you can go to the trading discussions board and make such statement then you'll get full support from those with the trading mentality but here we teach people the right thing and also learn including sharing good ideas amongst ourselves, the point of Discussion in this thread is relating to investment which is buying and holding Bitcoin for a longer period but if you think otherwise you can go ahead and keep trading your bitcoin and see how much profits you'll make compared to when you hold it with continues accumulation.

 The statement ahead was what I intended replying to what you said concerning Bitcoin being for trading but reading through everything you've said I think I get your point but then you should know that Bitcoin is now seen more as a store of value, therefore it's better to buy and hold to make more profits in the future than trading it which involves very high risk and could make an investor lose everything, majority of the people who choose trading with Bitcoin always end up with regrets.

According to @ruykeri, Bitcoin is not for traders. From what I understand, someone who is into trading can invest in Bitcoin as long as they understand it, they have patience and how it works. He is correct about traders because they are always interested in anything that can yield a quick profit, which is one of the reasons some traders find it difficult to invest in Bitcoin. I didn't make it clear that it looks like I support trading, I didn't support trading here, and I don't engage in trading. Trading is extremely risky and can cause you to lose everything at once. It is better to invest in Bitcoin and stick it it rather than take the chance of trading. Bitcoin has always been a wise investment and will continue to be the best cryptocurrency asset.

According to you, Trading is extremely risky and can make you loos all you have at a go, yea, that's truth. Your points were also clear that you don't do trading at all. That's also okay, it's your choice. Yiu further said said it is better to invest in invest in Bitcoin and stick to it rather than take the chance of trading. This is where I don't agree with you a bit and want to  come in. Trading is actually risky but there are people making it real big in the trading world. There are  trading experts, not that they don't loos at times, but they know there way and they make profits too, good one at that. That's why trading is still one amongst the biggest paying online business in the world, yea!

Is Bitcoin investment even easier? I know the DCA strategy allows you to accumulate Bitcoin easily as your income can carry you provided you are working with other funds that will support you during this accumulation period. But then, not every investor has the disciplined mindset, patience and zeal to buy and hold for long as it requires. So, to such people, they sell at a slight rise of Bitcoin, and they are okay. Such persons would even prefer trading to investing.

So, it's all boils down to your choice and what you think you can do profitably. If you can buy and hold for long, good for you. If you think trading is where you fit in and can manover you way in the trading space and make gains, then enjoy yourself. Some can even do the two combined, it's a plus for such a trader and investor too.
Known is really all that a bed or roses and easy going. It requires alot from you to get it right at the end

[ChocolateBitcoinK]

. It is not bad to sell your Bitcoin because you own it, but if you are patient, you will earn more because as long as we are alive, we all have a bright future.

Selling your Bitcoin and taking profit from it is never a bad idea, it's like you rewarding yourself for consistency and discipline, but where the challenge are is selling everything off entirely. It's really wrong to be selling your Bitcoin when you have not gotten to the end of your accumulation journey, if you have gotten there and you feels like you want to reward yourself by selling some part of your Bitcoin, it's cool, but selling everything off and become a no coiner overnight is what is terribly bàd, you might argue that it's your asset, that you can do what ever you pleases but that's not a wise decision at all to sell off everything and become a no coiner all of a sudden.

So taking profit gradually from your Bitcoin holdings when you have gotten to the end of your accumulation and investment journey is the ideal way to go about it, not selling everything off entirely.

It is not a nice idea for someone who is a low coiner that is supposed to focus on building a better portfolio in bitcoin to start selling of there bitcoin, they are still in accumulation phase there main focus should be on continuous accumulation and not selling to be taken profit . This is purely trading and such individual  will barely hold a good portfolio in bitcoin. Before an investor should start talking of taking profit from there investment, they should have accumulated a good amount of bitcoin in there portfolio and hold for like 5-10yrs. So taking profit from our investment while we are supposed to be accumulating continuously, persistently and aggressively. To me is not investment but rather gambling with bitcoin.

Yes, they should abandon this kind of mentality, and not be so unstable just to make a small profit, taking short-term profits is definitely a trading attitude, and with such an attitude, the person will never be able to achieve long-term success.

The real success of Bitcoin comes only in the long term, so all the short-term gains that are thought of due to such short-term volatility should be abandoned, and Bitcoin should be accumulated with a long-term perspective by buying continuously.

If someone can maintain the process of buying Bitcoin continuously through DCA for more than 10 years, then he will have the opportunity to achieve great success, which can completely change his financial situation.

[Alpha Marine]

Bitcoin is not for traders. Bitcoin is an investment tool for the security of one's life in the future. And no matter how much knowledge one acquires or increases one's skills, real success cannot be achieved through trading. And traders normally invest a lot of money to make quick profits in a short time. That is why they often lose.

This is not true. Not the way I see it anyway. Bitcoin was created as a currency, and a currency can be traded. For fiat currencies, they are traded in the foreign exchange market, and the same can be applied to Bitcoin. The fact that bitcoin gives way more profit in the long term doesn't mean it cannot be traded. I think most time we forget that bitcoin is a currency too, not just a speculative asset.
Different people can use their bitcoin however they want to; they are free to hodl, sell or trade as they wish, the problem arises when you're trading without fully understanding what it's all about. That is why it's relatively better to just hold because that way you don't need any special skills.

For example, a person makes a lot of calculations and thinks that within the next 1 month the price of Bitcoin will increase by more than 25% compared to the current one and for this reason  He is investing all the money he has, and borrowing as much as he can to invest the entire amount in Bitcoin to make more profits in a short time. But it turns out that at that time the price of Bitcoin has decreased a lot. Meanwhile, he needs money for some urgent need. In this situation, he has no money and hi is forced to sell Bitcoin at a much lower price than before. As a result, he faces a loss. In fact, no one can say exactly how much the price of Bitcoin will decrease or increase after 2 months or 6 months. But depending on the popularity and demand of Bitcoin at the present time, it can be assumed that its value will be much higher in the future after 5 to 10 years than it is now.

You have just described a bad trader. A good trader will know that he is in a risky business, and investing more than necessary is a wrong move. Day trading with bitcoin is very possible and can also be profitable, even though I won't advise anybody who is not skilled yet to go into it.
The fact that you trade doesn't stop you from holding. They're not mutually exclusive. You can have the bitcoin somewhere that you hold and don't touch and still be a trader.

[Barikui1]

Selling your Bitcoin and taking profit from it is never a bad idea, it's like you rewarding yourself for consistency and discipline, but where the challenge are is selling everything off entirely. It's really wrong to be selling your Bitcoin when you have not gotten to the end of your accumulation journey, if you have gotten there and you feels like you want to reward yourself by selling some part of your Bitcoin, it's cool, but selling everything off and become a no coiner overnight is what is terribly bàd, you might argue that it's your asset, that you can do what ever you pleases but that's not a wise decision at all to sell off everything and become a no coiner all of a sudden.

So taking profit gradually from your Bitcoin holdings when you have gotten to the end of your accumulation and investment journey is the ideal way to go about it, not selling everything off entirely.

It is not a nice idea for someone who is a low coiner that is supposed to focus on building a better portfolio in bitcoin to start selling of there bitcoin, they are still in accumulation phase there main focus should be on continuous accumulation and not selling to be taken profit . This is purely trading and such individual  will barely hold a good portfolio in bitcoin. Before an investor should start talking of taking profit from there investment, they should have accumulated a good amount of bitcoin in there portfolio and hold for like 5-10yrs. So taking profit from our investment while we are supposed to be accumulating continuously, persistently and aggressively. To me is not investment but rather gambling with bitcoin.

It's actually a bad harbit from most of you guys to highlight only few words from someone without looking at what the person is saying entirely, or are you trying to say that you didn't  read the other part of my statement?
 
I said that selling and taking profit from your Bitcoin investment is never a bad idea if you have gotten to the ending of your Bitcoin accumulation and investment journey, where the problem are is selling everything off and become a no coiner all of a sudden, try to understand before responding, that's how we learn, don't just responding without understanding what the other person is saying.

[Regardme]

Bitcoin is for tradersbut if you are a trader and you know about Bitcoin, you cannot see Bitcoin and traders as the same thing because Bitcoin is a long-term investment. Because of its nature, it will always be seen as a long-term investment with a bright future. Any trader who sees Bitcoin as a trader has no knowledge of Bitcoin and is also a greedy person who should be careful with making quick profits. Investing in Bitcoin does not guarantee that you will make a profit in the coming months or that you will get the kind of profit you desire quickly. Bitcoin requires a lot of patience, and you can not invest if you lack patience.

There is no method that can satisfy anyone who lacks patience and tries to invest in Bitcoin. Many people have sold for their Bitcoin for since because they were unsure of it and when they noticed that its price had increased. It is not bad to sell your Bitcoin because you own it, but if you are patient, you will earn more because as long as we are alive, we all have a bright future.

We don't do that here dear, you can go to the trading discussions board and make such statement then you'll get full support from those with the trading mentality but here we teach people the right thing and also learn including sharing good ideas amongst ourselves, the point of Discussion in this thread is relating to investment which is buying and holding Bitcoin for a longer period but if you think otherwise you can go ahead and keep trading your bitcoin and see how much profits you'll make compared to when you hold it with continues accumulation.

 The statement ahead was what I intended replying to what you said concerning Bitcoin being for trading but reading through everything you've said I think I get your point but then you should know that Bitcoin is now seen more as a store of value, therefore it's better to buy and hold to make more profits in the future than trading it which involves very high risk and could make an investor lose everything, majority of the people who choose trading with Bitcoin always end up with regrets.

According to @ruykeri, Bitcoin is not for traders. From what I understand, someone who is into trading can invest in Bitcoin as long as they understand it, they have patience and how it works. He is correct about traders because they are always interested in anything that can yield a quick profit, which is one of the reasons some traders find it difficult to invest in Bitcoin. I didn't make it clear that it looks like I support trading, I didn't support trading here, and I don't engage in trading. Trading is extremely risky and can cause you to lose everything at once. It is better to invest in Bitcoin and stick it it rather than take the chance of trading. Bitcoin has always been a wise investment and will continue to be the best cryptocurrency asset.

First of all engaging in trading and also investing or trying to invest is not advisable or encouraged since that person already have the mindset of short term profit ( which trading ), there is a possibility that he will use his Investment to trade one day because trading is like a character once you have this character it becomes hard to stay away from. So these two combo can not work, just pick one and focus on but I will still advise one go for Investing instead of trading because it is very risky. Your last statement seems to look misleading, mind you Bitcoin is not a cryptocurrency rather it is digital asset which has potential more than those cryptocurrency.

I respectfully disagree with you, trading and investing aren’t mutually exclusive. To my best of knowledge, many people successfully combine both trading and investing, by sharing out separate capital and strategies for each, they by maintaining discipline in order to avoid merging the two.

In as much as we aren’t talking about trading in this thread, Discipline traders can still stick to long term investment without issues.

Sorry, his last statement doesn’t look misleading because he specified that he was clearly talking about bitcoin. And I think you are the one who’s wrong here, when you say bitcoin isn’t cryptocurrency. Bitcoin is a type of cryptocurrency and its potential doesn’t negate us classifying it as cryptocurrency. It’s the first prominent one with a unique attribute but still operates within the crypto ecosystem. So the only thing here is to specify when you’re talking about Bitcoin so it will be clear to everyone, if you just say cryptocurrency without specifying “Bitcoin” that’s where it becomes misleading.

[I_Anime]

First of all engaging in trading and also investing or trying to invest is not advisable or encouraged since that person already have the mindset of short term profit ( which trading ), there is a possibility that he will use his Investment to trade one day because trading is like a character once you have this character it becomes hard to stay away from. So these two combo can not work, just pick one and focus on but I will still advise one go for Investing instead of trading because it is very risky. Your last statement seems to look misleading, mind you Bitcoin is not a cryptocurrency rather it is digital asset which has potential more than those cryptocurrency.

I don't really think that way though because I know of some few individuals that were  traders, but due to constant losses they finally realized that investment in bitcoin is the best, though they till venture into the market, but they aren't as obsessed as they were when focusing on trading alone.
Additionally , they now do it like something they wish to try their luck, anytime they wish to, even though their main focus is in Bitcoin investment, so I believe that both of them can be done without troubles as long as he prioritize Bitcoin investment over trading.

Doing both trading and investing in bitcoin ain’t bad at all Aslong you know what you are doing as an investor and a trader too. There are professional traders at there that are big investors they actually use their trading profits to keep building that investment (bitcoin ) .

But if you are someone that is finding hard to understand trading while investing I will advice you to stop and focus on your bitcoin investment alone , but if you choose to continue both in such case I will advice you to stop putting money on trading and focus on learning more while investing in bitcoin , so that you won’t keep on wasting your resources.

[CageMabok]

I don't know how accurate James Howells' example is. But if you invest in Bitcoin in some way, it will eventually become a very big investment. Those who sit around thinking about it and don't invest in Bitcoin will fall further behind. If you bought Bitcoin in 2015 when the price was much lower, you could have sold it at a much higher price now. If you bought Bitcoin around 2015 and started investing, you could have made a lot of progress by now.

This is what some investors didn't realize at the time. Not only could they not predict the future of something like Bitcoin, but the number of Bitcoin investors at the time wasn't that large, so there wasn't much faith in Bitcoin. But now, not only has interest in Bitcoin increased, but there is also a sense of regret among some who were once hesitant to invest in Bitcoin, who have now become firm believers. And this has made Bitcoin even stronger and become a digital asset that many investors are paying close attention to. Because the progress that has been seen in Bitcoin is quite real and cannot be denied by any investor today.

[adultcrypto]

I don't really think that way though because I know of some few individuals that were  traders, but due to constant losses they finally realized that investment in bitcoin is the best, though they till venture into the market, but they aren't as obsessed as they were when focusing on trading alone.
Additionally , they now do it like something they wish to try their luck, anytime they wish to, even though their main focus is in Bitcoin investment, so I believe that both of them can be done without troubles as long as he prioritize Bitcoin investment over trading.

Doing both trading and investing in bitcoin ain’t bad at all Aslong you know what you are doing as an investor and a trader too. There are professional traders at there that are big investors they actually use their trading profits to keep building that investment (bitcoin ) .

But if you are someone that is finding hard to understand trading while investing I will advice you to stop and focus on your bitcoin investment alone , but if you choose to continue both in such case I will advice you to stop putting money on trading and focus on learning more while investing in bitcoin , so that you won’t keep on wasting your resources.

Doing trading and investing together may not be bad like you said if the investor is able to separate his trading only from.the investment and holding money but it's way too complex than theories because emotions are involved.  Secondly, this section of the forum is dedicated to discussion holding bitcoin,  hence it would have been better we focus on buying and holding for long term and not trading. Thise whn wishes to discuss trading can visit the appropriate section dedicated for such discussion to talk about that.

Personally, I will not encourage newbies or young investor to go into trading bitcoin else he can trade away his bitcoin without even knowing what he doing. Newbies should focus in accumulating and holding bitcoin which is a surer way of amassing wealth for the future.

[NurseHub]

I don't know how accurate James Howells' example is. But if you invest in Bitcoin in some way, it will eventually become a very big investment. Those who sit around thinking about it and don't invest in Bitcoin will fall further behind. If you bought Bitcoin in 2015 when the price was much lower, you could have sold it at a much higher price now. If you bought Bitcoin around 2015 and started investing, you could have made a lot of progress by now.

I doubt if there is any way they can meet up except guys are financial boyant enough to load up there bitcoin portfolio yet not every one will be able to so, even though lump sum is a form of encouragement or buying huge during the dips is what they use to comfort themselves yet I doubt they will be able to pull such buy in the nearest future they usually anticipate.

Which is a good reason for one to buy when you have the finance regardless of the price (DCA), dollar cost averaging would eliminate the regression that might take place when one is unable to satisfy their long waited lump sum or buying hugely during the dips.

[Tmoonz]

Bitcoin is for tradersbut if you are a trader and you know about Bitcoin, you cannot see Bitcoin and traders as the same thing because Bitcoin is a long-term investment. Because of its nature, it will always be seen as a long-term investment with a bright future. Any trader who sees Bitcoin as a trader has no knowledge of Bitcoin and is also a greedy person who should be careful with making quick profits. Investing in Bitcoin does not guarantee that you will make a profit in the coming months or that you will get the kind of profit you desire quickly. Bitcoin requires a lot of patience, and you can not invest if you lack patience.

There is no method that can satisfy anyone who lacks patience and tries to invest in Bitcoin. Many people have sold for their Bitcoin for since because they were unsure of it and when they noticed that its price had increased. It is not bad to sell your Bitcoin because you own it, but if you are patient, you will earn more because as long as we are alive, we all have a bright future.

We don't do that here dear, you can go to the trading discussions board and make such statement then you'll get full support from those with the trading mentality but here we teach people the right thing and also learn including sharing good ideas amongst ourselves, the point of Discussion in this thread is relating to investment which is buying and holding Bitcoin for a longer period but if you think otherwise you can go ahead and keep trading your bitcoin and see how much profits you'll make compared to when you hold it with continues accumulation.

 The statement ahead was what I intended replying to what you said concerning Bitcoin being for trading but reading through everything you've said I think I get your point but then you should know that Bitcoin is now seen more as a store of value, therefore it's better to buy and hold to make more profits in the future than trading it which involves very high risk and could make an investor lose everything, majority of the people who choose trading with Bitcoin always end up with regrets.

According to @ruykeri, Bitcoin is not for traders. From what I understand, someone who is into trading can invest in Bitcoin as long as they understand it, they have patience and how it works. He is correct about traders because they are always interested in anything that can yield a quick profit, which is one of the reasons some traders find it difficult to invest in Bitcoin. I didn't make it clear that it looks like I support trading, I didn't support trading here, and I don't engage in trading. Trading is extremely risky and can cause you to lose everything at once. It is better to invest in Bitcoin and stick it it rather than take the chance of trading. Bitcoin has always been a wise investment and will continue to be the best cryptocurrency asset.

According to you, Trading is extremely risky and can make you loos all you have at a go, yea, that's truth. Your points were also clear that you don't do trading at all. That's also okay, it's your choice. Yiu further said said it is better to invest in invest in Bitcoin and stick to it rather than take the chance of trading. This is where I don't agree with you a bit and want to  come in. Trading is actually risky but there are people making it real big in the trading world. There are  trading experts, not that they don't loos at times, but they know there way and they make profits too, good one at that. That's why trading is still one amongst the biggest paying online business in the world, yea!

Is Bitcoin investment even easier? I know the DCA strategy allows you to accumulate Bitcoin easily as your income can carry you provided you are working with other funds that will support you during this accumulation period. But then, not every investor has the disciplined mindset, patience and zeal to buy and hold for long as it requires. So, to such people, they sell at a slight rise of Bitcoin, and they are okay. Such persons would even prefer trading to investing.

So, it's all boils down to your choice and what you think you can do profitably. If you can buy and hold for long, good for you. If you think trading is where you fit in and can manover you way in the trading space and make gains, then enjoy yourself. Some can even do the two combined, it's a plus for such a trader and investor too.
Known is really all that a bed or roses and easy going. It requires alot from you to get it right at the end

Trading is risky and should not be encouraged, it will take away your peace of mind, Bitcoin is a volatile asset and volatility will affects you emotionally when you are a trader compared to an investor, trading will only give you a small profit and most times they sell at lost as a result of fear and panick, but with investing for a long term gives you that peace of mind to allow your asset to regenerate and grow over time, Bitcoin is best for a long purpose and anyone trading for a few dollar profits are wasting their time and they may end up buying back at a price higher than their selling price, I believe that this thread gives priority to buying and holding Bitcoin for long term rather than trading kind of discussion. Bitcoin investment is easier, take care of your basic needs and figure out is have a discretionary income to invest with for long term perspective 4 to 10 years or more.