Buy Buy Buy or Sell Sell Sell?

[yixichloro2xx]

Even though the investor has time, if his goal is achieved, then he has more time left. He can use that time for work. You have to wait for the long term. After buying Bitcoin, it is better not to sell it if the price increases a little. It is better not to sell Bitcoin thinking about your own profit. We should think about how to hold Bitcoin in the long term. How to invest and take Bitcoin forward. We should not sell it immediately, thinking that the price will fluctuate in the market.

Even if an investor gets his expected return, he should not sell Bitcoin completely. He can withdraw the part he needs and keep the rest for future use. The price of Bitcoin is gradually increasing, and it is becoming difficult to buy it. That is why long-term investment is advisable. If you panic and sell, you may have to buy it again at a higher price later, so it is necessary to get out of such thinking. It is foolish to fail to create large long-term assets for small profits.

When it comes to Bitcoin investment, price changes are normal, so that should not be a reason for an investor to sell. The only time you might sell a portion of your holdings is if you are in an emergency and have no other other options but to use some of your investment. If you sell out of fear or panic because the price moves, you might regret it when the value rises again. Bitcoin is best suited for long-term investment, and that is where you can enjoy the real profits.

However, just because the price of Bitcoin is increasing does not mean that buying it becomes more difficult, even if someone has a steady low income, they can still invest gradually. The best thing about Bitcoin is that you don't have to wait for the dip, because you can miss some opportunities, and to catch up later will be difficult. The best way is to continue investing with any small amount you have without putting pressure on yourself, those small and consistent efforts will grow into something bigger tomorrow, and you will be proud that you did not let short-term profit distract you from your long-term plan.

For sure, bitcoin true potential really unfolds over the long term, but what often gets overlooked is the importance of planning around that journey. I havee seen firsthand how two people can make the same smart move, buying Bitcoin at the same time, say back in 2020, but end up with very different outcomes simply because of how they handled everything else around it.......One of them had a bit of savings tucked away. So when life threw him a curveball, like a sudden car repair or a medical bill, he didn’t have to touch his Bitcoin. He paid for the emergency with his cash reserve and left his crypto untouched. Fast forward a few years, and that Bitcoin is still sitting there, quietly growing in value. No stress, no regrets.

The other guy was not so lucky. He did not have a backup plan or any extra savings. When something unexpected came up, he had no choice but to sell a chunk of his Bitcoin, and unfortunately, it was during a dip. Months later, when the price shot up, he was kicking himself. He couldn’t afford to buy back the same amount, and that missed opportunity stung.

Of course this is  why I always say, treat Bitcoin as just one piece of your financial puzzle. Build a small emergency fund. Find a side hustle or another income stream if you can. Then let your Bitcoin sit quietly, untouched. It is not just about holding, it is  about holding with peace of mind....... Because when you are not forced to sell during tough times, you give your investment the space it needs to grow. And honestly, you will sleep a lot better knowing you have gotten your bases covered.

[Tonimez]

To hold Bitcoin in the long term and make it successful, you need the right strategy and plan. You need to be mentally and financially prepared when investing. Buying when the price is low and taking risks in the hope of short-term gains is dangerous. The risk of investing in the DCA strategy is low and it is possible to deal with the ups and downs of the market. However, you should first start investing by clarifying your financial capacity, emergency fund and goals. Prepare an emergency fund as soon as possible after investing so that you are not forced to move away from DCA in an emergency. And unexpected situations can be easily dealt with. So I think in addition to a long-term mindset, risk management, emergency fund and financial situation are also important in this investment.

That is why one have to focus less on chart and focus more on the big picture which is , freedom and financial independence. With bitcoin you can achieve such , though the journey may not be easy but the destination worth it .

As the cycle of bitcoin continues that’s how the regret of folks that didn’t took the opportunity to buy more will keep regretting hoping for the price to go down totally for them to buy cheaper. But things don’t work that way the market would not just come down for you alone and don’t forget the value if bitcoin depends on supply and demand, so better to take action now than to keep hating on yourself and waiting for the dip that would help you arrive.

Waiting for the dip is definitely a thing of the past as it will be so awkward to wait for dips after all the progress made by bitcoin in recent years and with it's track record. Waiting for dips is the easiest way to stay out of bitcoin investment. Watching the chart is a tedious job to be undertaken by anyone which in most cases you still end up missing the dip you waited all along. The earlier we learn to consecutively invest by DCA the better. All you need is to have a discretionary income, no matter how small. You start gradually and aim to improve your DCA allocation and you will see you dedication paying off. If you understand that each minute counts, you won't waste anytime over the market price you can not control. A good financial decision can change your entire bitcoin experience if you show full dedication and principles.

[IceLincoln]

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain. If we can invest correctly then we can make a profit then we should invest in Bitcoin and hold Bitcoin.

My friend please I don’t know what you were investing in for many years that you thought it was bitcoin, it CANNOT be bitcoin. In the past years let’s say 2 years bitcoin has seen lots of  New highs even if you were investing $10 monthly in the many years of your investing, there’s no how or way you wouldn’t have made gains no matter how little. Good thing you’re here now, Stay calm and learn Bitcoin and Bitcoin investment the right way and you’ll see the difference.

[Jegileman]

Investors should avoid just waiting for Bitcoin to fall, on the other hand, if they come up with a short-term plan, they can definitely suffer, Bitcoin has a beautiful history where you can see that there were many types of investors in the past, some investors were those who did not invest in Bitcoin for the long term and left Bitcoin because the price of Bitcoin fluctuated at that time, on the other hand, many investors held Bitcoin for a long time, but when they saw their wealth increasing, they sold their Bitcoin out of greed, and there were also long-term investors who set their goal to hold it for a long time, so they put their greed behind, and succeeded in holding Bitcoin until the present time with full confidence, that is why they have become very profitable at the present time, but it was their right, in that case, it is better to see the small decline of Bitcoin as an opportunity for you to invest at the present time, but if you have a discretionary income, why are you behind? In this case, it is better to invest slowly using the DCA strategy.  You can strengthen your investment.

To hold Bitcoin in the long term and make it successful, you need the right strategy and plan. You need to be mentally and financially prepared when investing. Buying when the price is low and taking risks in the hope of short-term gains is dangerous. The risk of investing in the DCA strategy is low and it is possible to deal with the ups and downs of the market. However, you should first start investing by clarifying your financial capacity, emergency fund and goals. Prepare an emergency fund as soon as possible after investing so that you are not forced to move away from DCA in an emergency. And unexpected situations can be easily dealt with. So I think in addition to a long-term mindset, risk management, emergency fund and financial situation are also important in this investment.

Opting in for a DCA method of accumulating bitcoin should cancel out any plans for short term gains to take profit, you’ll not achieve the long term goal of the investment if you approach the market with such mindset. Being mentally and financially prepared to start an investment in bitcoin should include canceling out the thought of short term gains which will come during the process of accumulation, it may look enticing to take such profits but it will kill the long term growth and gain you would have accumulated if you wait patiently for the time. Emergency funds is a most in order to have a smooth running accumulation process using the DCA method. Emergencies cannot be avoided but can be controlled if you planned for it before hand and that necessitates an emergency fund set aside during accumulation in order not to annul or affect the process and strategy you’ve set aside to use for your bitcoin investment.

[Finebone]

Buying bitcoin when the price drops, indeed it is an opportunity that should not be wasted. Because basically it could be that bitcoin does not touch that price again and continues to rise, so the point is that when there is momentum the price of bitcoin truth drops, then if we have discretionary funds, then immediately buy. But even so, don't misunderstand this. Because if for example we deliberately wait for the price of bitcoin to drop to make a purchase, it is clear that the action is not good. So the price drops that I personally mean, when accidentally not on purpose. Because if you deliberately wait for the price of bitcoin to drop, I think it will actually make us lose momentum.

Not just momentum, you are going to waste valuable opportunity that would have been used to buy and add to your stash of bitcoin, and it will be even more unwise to wait for the price to drop before buying especially as a low coiner that is trying to build and add to his stash that is seriously lacking behind those that have accumulated for years.
I don't see buying the dip as a wrong practice, what's wrong is waiting for the dip, that's why reserve funds is very important because one of it duties is to use it to buy aggressively anytime their is a dip in the market while still accumulating weekly or monthly.

[JayJuanGee]

[edited out]

You are right to an extent that no body is going to hold his Bitcoin forever, but selling prematurely when you have not gotten to the end of your accumulation and holding journey is what we all should discouraged greatly because that's not the best way to build a generational wealth overtime, besides it makes no sense to use quite a number of years to build your Bitcoin stash to the level of over accumulation status and decides to sell all at once and become a no coiner overnight, it makes no sense.

 So the best way to go about it when you have gotten to that level, is that's the best possible time to use sir jayjuangee  JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance), with the proper utilization of this great idea that was given out for free, I assure you that you wouldn't miss a step along the line.

If guys are going to use the tools and bitcoin portfolio management ideas that I outline, they still have to figure out how to use the tool correctly so that they do not end up selling too much bitcoin too soon... so if they have reached their bitcoin target level (over accumulation) and then they start withdrawing in such a way that their bitcoin value is ongoingly growing in terms of dollar value faster than their withdrawal rate, then they likely will be doing quite well.  

Even though I provide a tool to help bitcoin holders, they still have to make sure that they use it to help themselves, which perhaps some kinds of sustainable withdrawal would be quite empowering for those who have accumulated enough of a bitcoin stash.

~Snip

If you are doing DCA for long term then such small dips of 5k won't be a big concern. Lets say if you are accumulating for last 5 years starting from 2020 then your portfolio has Bitcoin bought at different prices starting from 10k to current price of 116k. If someone is new to bitcoin and has zero Bitcoin even then he can start accumulating right now keeping in view the previous behaviour of Bitcoin. The price of Bitcoin will continue to go up in next five years with dips also in the path, like the one we see from 2020 to 2025.

I'm sure many of the users posting here aren't accumulating bitcoin over time with purchasing them, but rather by accumulating them through signature campaign fees. Over time, their bitcoin will grow as the campaign progresses, another smart move made by most signature campaign participants. Only a few of them buy and accumulate them, while others don't.

I also believe that the price of bitcoin will increase with each cycle, especially leading up to and after the halving. Investors who accumulate bitcoin will certainly see returns, the more bitcoin the greater the potential future profits. If bitcoin is at $116k today, we could see its price reach $500k within the next four years.

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.

[As-Soon-As]

~Snip

If you are doing DCA for long term then such small dips of 5k won't be a big concern. Lets say if you are accumulating for last 5 years starting from 2020 then your portfolio has Bitcoin bought at different prices starting from 10k to current price of 116k. If someone is new to bitcoin and has zero Bitcoin even then he can start accumulating right now keeping in view the previous behaviour of Bitcoin. The price of Bitcoin will continue to go up in next five years with dips also in the path, like the one we see from 2020 to 2025.

I'm sure many of the users posting here aren't accumulating bitcoin over time with purchasing them, but rather by accumulating them through signature campaign fees. Over time, their bitcoin will grow as the campaign progresses, another smart move made by most signature campaign participants. Only a few of them buy and accumulate them, while others don't.

I also believe that the price of bitcoin will increase with each cycle, especially leading up to and after the halving. Investors who accumulate bitcoin will certainly see returns, the more bitcoin the greater the potential future profits. If bitcoin is at $116k today, we could see its price reach $500k within the next four years.

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.

If he buys and saves Bitcoin in addition to the signature campaign, it indicates a more positive direction for him, because the more Bitcoin he deposits, the more future assurance he will provide. Bitcoin only guarantees that the price will be much higher in the future, I have seen the price of Bitcoin last year, today the price of Bitcoin is several times higher than it was.
There has been such a difference in just one year, so why would Bitcoin investors be reluctant to collect Bitcoin through the DCA method? Where the world's big companies and top companies have gained a good reputation all over the world through Bitcoin holding, we small investors should not be afraid, we will definitely hold Bitcoin with courage.

[Sonia_123]

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain. If we can invest correctly then we can make a profit then we should invest in Bitcoin and hold Bitcoin.

My friend please I don’t know what you were investing in for many years that you thought it was bitcoin, it CANNOT be bitcoin. In the past years let’s say 2 years bitcoin has seen lots of  New highs even if you were investing $10 monthly in the many years of your investing, there’s no how or way you wouldn’t have made gains no matter how little. Good thing you’re here now, Stay calm and learn Bitcoin and Bitcoin investment the right way and you’ll see the difference.

In addition, if really it was bitcoin you were investing like you said, maybe you have taken a very wrong step and strategy, if you adopt the short term strategy because of fear of losing your money, and you did not go for a bit convenient strategy like a Long-term of 4-10 years, using your DCA strategy and your discretionary income to start investing, and latter build up your emergency funds and reserve fund, in other have a strong backup funds and avoid premature selling off your satsh.

 You have to change your pattern of investing to see will still be where you are,and you gave to be patience and courageous with yourself, knowing fully that bitcoin is risky.

[Princess Leah]

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.
 

With the way bitcoin is going, $500k in the next four years seems possible and I support your statement that people need to be over aggressive with their accumulation especially those like us that got better knowledge of it in about few years back, well those who are in the signature campaigns here have an advantage to DCA regularly especially if the person has other sources of income asides the signature campaign.

 Hey Jay, was there a time when Bitcoin was airdroped to people freely? If yes then they're very lucky cause it would've been way more cheaper back then, anyways since we're still in the early days of bitcoin I don't know if I'll be right to say those who buy at this current price, can still brag about how cheap they got it currently,  in the future cause by then it could even worth more than $500k.

 Without any doubt Jay, more people would still miss out on the current opportunity of  accumulating as much bitcoin as possible and their own excuse would be based on procrastination, they have the funds for accumulation intact but they're just too nonchalant about it.

[ruykeri]

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.
 

Hey Jay, was there a time when Bitcoin was airdroped to people freely? If yes then they're very lucky cause it would've been way more cheaper back then, anyways since we're still in the early days of bitcoin I don't know if I'll be right to say those who buy at this current price, can still brag about how cheap they got it currently,  in the future cause by then it could even worth more than $500k.

 Without any doubt Jay, more people would still miss out on the current opportunity of  accumulating as much bitcoin as possible and their own excuse would be based on procrastination, they have the funds for accumulation intact but they're just too nonchalant about it.

Those who will buy Bitcoin in the future will say that when we bought it, Bitcoin was at a much lower price, just like those who bought it in the past and HODL it for a long time will now say that they bought it at a low price because it is an ongoing process. The current price is many times higher than the past price. The price in the future will be several times higher than the current price. Now, perhaps the price of Bitcoin seems very high to us, but those who will buy it in the future will say that we got it at a much lower price and were able to take the opportunity. And now everyone is aware, so they are  buying Bitcoin and selling it not too quickly. Now there are many more investors who are willing to hold Bitcoin. They have realized that there is no alternative to holding Bitcoin for a long time to achieve actual profit. The main reason why the price of Bitcoin increases much more than expected after each halving is that I can say that the supply of Bitcoin decreases because when the Bitcoin halving
 ended in April 2024, the block reward dropped from 6.25 to 3.125. In the future, in 2028, the number of block reward will decrease even more, so the supply of Bitcoin will continue to decrease relatively. Another thing is that now that people have learned that it is possible to get very good profits by holding for a long time, those who are getting it are holding it regularly and there are very few people who are selling Bitcoins for urgent reasons. Therefore, we should invest for a long time by regularly following the DCA method with discretionary income.

[Sticky Bomb]

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain. If we can invest correctly then we can make a profit then we should invest in Bitcoin and hold Bitcoin.

Were you accumulating bitcoin and holding or were you merely buying and selling with little profits, more like gambling with it? Perhaps if you were holding the bitcoin you claimed you were investing into and not trading it, you would be financially better off by now. I take it that you were among those who made mistakes by taking quick profits when you should be stacking your bitcoin for a long term ride which explains why you were unsuccessful after many years. You can still start afresh your journey with good investment practices and a long term holding plan, you can still have a chance at some level of success in the future. Bitcoin is meant to be held for a long period (4 - 10 years or more) to be profitable and the more you can hold without tampering your portfolio, the better your chance at enjoying compounded profits on your investment. Additionally, building out backup funds like emergency fund and other variances would help you keep your hand off your portfolio when in need. Be sure to accumulate it with your discretionary income so you can comfortably hold for long without fear or panic.

[JayJuanGee]

~Snip

If you are doing DCA for long term then such small dips of 5k won't be a big concern. Lets say if you are accumulating for last 5 years starting from 2020 then your portfolio has Bitcoin bought at different prices starting from 10k to current price of 116k. If someone is new to bitcoin and has zero Bitcoin even then he can start accumulating right now keeping in view the previous behaviour of Bitcoin. The price of Bitcoin will continue to go up in next five years with dips also in the path, like the one we see from 2020 to 2025.

I'm sure many of the users posting here aren't accumulating bitcoin over time with purchasing them, but rather by accumulating them through signature campaign fees. Over time, their bitcoin will grow as the campaign progresses, another smart move made by most signature campaign participants. Only a few of them buy and accumulate them, while others don't.

I also believe that the price of bitcoin will increase with each cycle, especially leading up to and after the halving. Investors who accumulate bitcoin will certainly see returns, the more bitcoin the greater the potential future profits. If bitcoin is at $116k today, we could see its price reach $500k within the next four years.

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.

If he buys and saves Bitcoin in addition to the signature campaign, it indicates a more positive direction for him, because the more Bitcoin he deposits, the more future assurance he will provide. Bitcoin only guarantees that the price will be much higher in the future, I have seen the price of Bitcoin last year, today the price of Bitcoin is several times higher than it was.
There has been such a difference in just one year, so why would Bitcoin investors be reluctant to collect Bitcoin through the DCA method? Where the world's big companies and top companies have gained a good reputation all over the world through Bitcoin holding, we small investors should not be afraid, we will definitely hold Bitcoin with courage.

Bitcoin is not guaranteed to go up in the future, so any of our accumulation plans and/or practices should account for a variety of possibilities even if we consider that the odds are quite great that in the long term bitcoin prices will go up, especially 4-10 years or longer into the future, yet even with a long term timeline, the BTC prices are not guaranteed to go up.

Furthermore in the shorter time frames bitcoin can go up down sideways and/or all over the place, so the short-to-medium term is probably even less certain than the longer time line, but the mere fact that we have a long investment timeline that also does not make it guaranteed that bitcoin prices will go up.

We might assure ourselves that the most that we could lose in bitcoin (as long as we don't use leverage) is up to 100% of what we invest.

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.

With the way bitcoin is going, $500k in the next four years seems possible and I support your statement that people need to be over aggressive with their accumulation especially those like us that got better knowledge of it in about few years back, well those who are in the signature campaigns here have an advantage to DCA regularly especially if the person has other sources of income asides the signature campaign.

 Hey Jay, was there a time when Bitcoin was airdroped to people freely?

Yes there have been some historical free airdrops in bitcoin, and probably the most profitable was bitcoin cash (bcash/bch) (in August 2017 which took several months for guys to cash out.. and surely even now their are guys who had not cashed out, but the Bcash is way lower in its percentage like less than 0.5%.. and there were some short periods that it was 20% to 40%. .and I think I might have sold quite a few of mine around an average of 12-15%.. but I spread out my sales for several months. .even though there were some surprise places (exchanges) where bcash only came available several months (like half a year or more) after the initial fork.. .. 

There were a variety of other forks such as BSV (split off from Bcash) and/or bitcoin gold (bgold) and a few others, and even though some of that money might have had been free, the airdrops are not always worth the risks and the privacy issues, including that there are talks of some future free airdrops through Cardano that also give supposed free airdrops to bitcoiners that may well be a scam.. or maybe ONLY return less than 4% in their marketing.. and that might even be gracious to ponder what they promise 4% versus the various risks and/or problems of promoting their scam or getting locked into some cashing out timeline and ending up supporting their system and potential privacy issues...and perhaps in the end you don't even get 1% after jumping through many hoops.

If yes then they're very lucky cause it would've been way more cheaper back then, anyways since we're still in the early days of bitcoin I don't know if I'll be right to say those who buy at this current price, can still brag about how cheap they got it currently,  in the future cause by then it could even worth more than $500k.

I think that we are still very early and bitcoin will be several million per  coin, even though it could take more than 10 years... but at the same time there could be some shorter term upward price spurts too.. which justifies trying to accumulate early, including that BTC prices might not drop back down to earlier prices in which the coins were bought.  We cannot know for sure.

Without any doubt Jay, more people would still miss out on the current opportunity of  accumulating as much bitcoin as possible and their own excuse would be based on procrastination, they have the funds for accumulation intact but they're just too nonchalant about it.

There are a lot of folks who continue to be skeptical and scared of bitcoin, which will likely be their loss, and there might not be any real easy way to either convince them and/or to get them to take action to protect their own finances, psychology and likely improve their future options.  Even people who we might try to help, they may start out buying bitcoin, but then screw it up and even put themselves into a worse position because they fail to adequately prepare themselves and to learn about bitcoin and/or to moderate their entrance into bitcoin.

[Odohu]

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.
 

With the way bitcoin is going, $500k in the next four years seems possible and I support your statement that people need to be over aggressive with their accumulation especially those like us that got better knowledge of it in about few years back, well those who are in the signature campaigns here have an advantage to DCA regularly especially if the person has other sources of income asides the signature campaign.

I don't want to aim for too high a price for Bitcoin even though I'm optimistic that Bitcoin will reach $500k and even more in years to come, probably within a decade. This is not even my biggest motivation because I have something else which is why I take my accumulation process seriously. My biggest motivation is the need to save up for old age. I feel so bad when I see professionals who have invested his entire life in white collar job but at old age they start suffering and struggling to make ends meet. Such thing scares me a lot because at old age, when strength would have reduced, one is supposed to still leave comfortably and enjoy life. Bitcoin is what I see to be able to make this possible, hence the reason I'm giving it my best to collect as much Bitcoin as I can.

Hey Jay, was there a time when Bitcoin was airdroped to people freely? If yes then they're very lucky cause it would've been way more cheaper back then, anyways since we're still in the early days of bitcoin I don't know if I'll be right to say those who buy at this current price, can still brag about how cheap they got it currently,  in the future cause by then it could even worth more than $500k.

 Without any doubt Jay, more people would still miss out on the current opportunity of  accumulating as much bitcoin as possible and their own excuse would be based on procrastination, they have the funds for accumulation intact but they're just too nonchalant about it.

A lot of people got free Bitcoin through faucet and free gifts. Then Bitcoin was not much of a value, so people were giving it out to people as a way of encouraging more people to think use Bitcoin. Miners in those early days were also very generous with their Bitcoin as you will require just signing up in some websites to claim as high as 5 BTC. Gone are those good old days, the only way to get Bitcoin now is to buy or render services for it because people have now seen how valuable Bitcoin have become.

[Cossyblack]

~Snip

If you are doing DCA for long term then such small dips of 5k won't be a big concern. Lets say if you are accumulating for last 5 years starting from 2020 then your portfolio has Bitcoin bought at different prices starting from 10k to current price of 116k. If someone is new to bitcoin and has zero Bitcoin even then he can start accumulating right now keeping in view the previous behaviour of Bitcoin. The price of Bitcoin will continue to go up in next five years with dips also in the path, like the one we see from 2020 to 2025.

I'm sure many of the users posting here aren't accumulating bitcoin over time with purchasing them, but rather by accumulating them through signature campaign fees. Over time, their bitcoin will grow as the campaign progresses, another smart move made by most signature campaign participants. Only a few of them buy and accumulate them, while others don't.

I also believe that the price of bitcoin will increase with each cycle, especially leading up to and after the halving. Investors who accumulate bitcoin will certainly see returns, the more bitcoin the greater the potential future profits. If bitcoin is at $116k today, we could see its price reach $500k within the next four years.

Your anticipation that bitcoin prices could reach $500k in the next 4 years seems to support why guys likely need more aggressive bitcoin accumulation  methods beyond their signature campaigns.

Guys used to brag about earning bitcoin for free, and I am sure that guys still feel that way, and I used to frequently suggest to earn as much income as you can and buy bitcoin with your extra money, which will help to accumulate way more than expecting ONLY to buy bitcoin through the signature campains.

Guys can do what they like, yet to me it seems that some guys missed a lot of great opportunities to accumulate way more bitcoin based on their aversions to buy bitcoin rather than earn it.

If he buys and saves Bitcoin in addition to the signature campaign, it indicates a more positive direction for him, because the more Bitcoin he deposits, the more future assurance he will provide. Bitcoin only guarantees that the price will be much higher in the future, I have seen the price of Bitcoin last year, today the price of Bitcoin is several times higher than it was.
There has been such a difference in just one year, so why would Bitcoin investors be reluctant to collect Bitcoin through the DCA method? Where the world's big companies and top companies have gained a good reputation all over the world through Bitcoin holding, we small investors should not be afraid, we will definitely hold Bitcoin with courage.

Bitcoin is not guaranteed to go up in the future, so any of our accumulation plans and/or practices should account for a variety of possibilities even if we consider that the odds are quite great that in the long term bitcoin prices will go up, especially 4-10 years or longer into the future, yet even with a long term timeline, the BTC prices are not guaranteed to go up.

Furthermore in the shorter time frames bitcoin can go up down sideways and/or all over the place, so the short-to-medium term is probably even less certain than the longer time line, but the mere fact that we have a long investment timeline that also does not make it guaranteed that bitcoin prices will go up.

We might assure ourselves that the most that we could lose in bitcoin (as long as we don't use leverage) is up to 100% of what we invest.

I agree with you sir, Bitcoin doesn't give any guarantee in investment and that's why we should only invest/ accumulate Bitcoin using our discretional income should incase anything go wrong it would be a lot easier for us to move on so it wouldn't costs us any trouble . Although investing for the long term likewise for a period of 4- 10 years is necessary to maximise profits for holding even though they is no guarantee that it will happen. I think instead investing with a guarantee that we will cash out big which we are not certain off, its better we simply Buy from our discretional and move on without having any guarantee attached to our investments .

[avp2306]

Bitcoin is not guaranteed to go up in the future, so any of our accumulation plans and/or practices should account for a variety of possibilities even if we consider that the odds are quite great that in the long term bitcoin prices will go up, especially 4-10 years or longer into the future, yet even with a long term timeline, the BTC prices are not guaranteed to go up.

Furthermore in the shorter time frames bitcoin can go up down sideways and/or all over the place, so the short-to-medium term is probably even less certain than the longer time line, but the mere fact that we have a long investment timeline that also does not make it guaranteed that bitcoin prices will go up.

We might assure ourselves that the most that we could lose in bitcoin (as long as we don't use leverage) is up to 100% of what we invest.

I agree with you sir, Bitcoin doesn't give any guarantee in investment and that's why we should only invest/ accumulate Bitcoin using our discretional income should incase anything go wrong it would be a lot easier for us to move on so it wouldn't costs us any trouble . Although investing for the long term likewise for a period of 4- 10 years is necessary to maximise profits for holding even though they is no guarantee that it will happen. I think instead investing with a guarantee that we will cash out big which we are not certain off, its better we simply Buy from our discretional and move on without having any guarantee attached to our investments .

Ponzi schemes are the only one promise sure or guaranteed profit on their investment. But since Bitcoin is volatile asset we still don't know what will came to us in future.

That's why emergency funds is important to set up some safety nets if those result we are hoping to come didn't happen.

But try to look at what's currently happening now. Institutions and governments are now buying Bitcoin. Those Bitcoin reserve initiatives they made would play huge rule since it can increase more the demand which is helpful for price of Bitcoin to grow. Also with that we have great chance to earn with our Bitcoin holdings in future. So we just need to trust Bitcoin and continue to accumulate since there's good chance for better future with Bitcoin since demand is growing each year.

[SmartCharpa]

There are a lot of folks who continue to be skeptical and scared of bitcoin, which will likely be their loss, and there might not be any real easy way to either convince them and/or to get them to take action to protect their own finances, psychology and likely improve their future options.  Even people who we might try to help, they may start out buying bitcoin, but then screw it up and even put themselves into a worse position because they fail to adequately prepare themselves and to learn about bitcoin and/or to moderate their entrance into bitcoin.

Although many individuals are still afraid of Bitcoin because they don't understand how it works, their fear has stopped them from investing, which may be their loss because they missed the opportunity to build their wealth for the future. Even some people who choose to buy Bitcoin make mistakes, maybe they rush in without having what it takes or because they expect quick returns. Some people put themselves in a worse situation while investing, not because Bitcoin failed them, but because they failed to plan properly.

Furthermore, I believe that investing gradually and steadily is the right way, nobody should invest all of their money at once, instead start small, learn about Bitcoin gradually, and only invest what they can afford to lose, if you have patience and good mindset, you can increase your knowledge and your investment, instead of being afraid or rushing without knowledge, you can get confidence and protect yourself from unnecessary losses. The best way to succeed with Bitcoin is through learning and discipline.

[adultcrypto]

There are a lot of folks who continue to be skeptical and scared of bitcoin, which will likely be their loss, and there might not be any real easy way to either convince them and/or to get them to take action to protect their own finances, psychology and likely improve their future options.  Even people who we might try to help, they may start out buying bitcoin, but then screw it up and even put themselves into a worse position because they fail to adequately prepare themselves and to learn about bitcoin and/or to moderate their entrance into bitcoin.

Although many individuals are still afraid of Bitcoin because they don't understand how it works, their fear has stopped them from investing, which may be their loss because they missed the opportunity to build their wealth for the future. Even some people who choose to buy Bitcoin make mistakes, maybe they rush in without having what it takes or because they expect quick returns. Some people put themselves in a worse situation while investing, not because Bitcoin failed them, but because they failed to plan properly.

Furthermore, I believe that investing gradually and steadily is the right way, nobody should invest all of their money at once, instead start small, learn about Bitcoin gradually, and only invest what they can afford to lose, if you have patience and good mindset, you can increase your knowledge and your investment, instead of being afraid or rushing without knowledge, you can get confidence and protect yourself from unnecessary losses. The best way to succeed with Bitcoin is through learning and discipline.

You started your comment very well, stating that investing in bitcoin is not too risky when investment is done for a long term and when such investment is backed with proper planning. You further stated that those looking for quick profits are prone to incurring losses which is true. Unfortunately, along the line you derailed with the statement I highlighted above which I don't agree with. Nobody invest in bitcoin to lose the money and if we are to invest with the mindset that we will lose it someday, then it becomes the same thing as gambling and you don't except someone to gambling with a good proportion of his discretionary income.

I have the believe that bitcoin is not going to turn to zero anytime soon and that if I hold my bitcoin for a decade and above, I will not lose my money in the future so my investment is not with what I can afford to lose. I don't want to lose my money as I am investing a good portion of my discretionary income into bitcoin and I believe that in the future that will investment will help me live the life of my dreams.

[IceLincoln]

A lot of people got free Bitcoin through faucet and free gifts. Then Bitcoin was not much of a value, so people were giving it out to people as a way of encouraging more people to think use Bitcoin. Miners in those early days were also very generous with their Bitcoin as you will require just signing up in some websites to claim as high as 5 BTC. Gone are those good old days, the only way to get Bitcoin now is to buy or render services for it because people have now seen how valuable Bitcoin have become.

Good old times indeed never to be seen again. I actually heard about bitcoin a long time ago around 2015/2016 period but regrettably I don’t why I never picked interest, was just focused on just my studies at the time. I can remember someone  did help me register on a site and was mining bitcoin on my laptop (I didn’t know what I was doing at all) but that system crashed and that was the end of my bitcoin journey, some other guy was sharing bitcoin for free too. What I’ll give to go back to that time, on a lighter note, now will be a good time to invent a time travelling machine lol.

Knowing what I know now I’m taking every step to ensure in the next 5-10 years I wouldn’t regret anything instead I’ll be glad for the choices I’ve made in purchasing and accumulating bitcoin and being very aggressive when I’m able.

[MusaPk]

I'm sure many of the users posting here aren't accumulating bitcoin over time with purchasing them, but rather by accumulating them through signature campaign fees. Over time, their bitcoin will grow as the campaign progresses, another smart move made by most signature campaign participants. Only a few of them buy and accumulate them, while others don't.

I also believe that the price of bitcoin will increase with each cycle, especially leading up to and after the halving. Investors who accumulate bitcoin will certainly see returns, the more bitcoin the greater the potential future profits. If bitcoin is at $116k today, we could see its price reach $500k within the next four years.

Signature campaign gives us good opportunity to DCA Bitcoin. If your signature campaign runs for two straight years or you are able to find Signature campaigns for five straight years then you are good to accumulate Bitcoin for five straight years in this case. As I said in my preiovus post that Bitcoin price 5 years back was 10k and if one is accumlating for last 5 years then he has the luck of buying Bitcoin at 10k, 20k, 30k, 40k, 50k, 60k, 70k, 80k, 90k, 100k, 110k, and 120k. His portfolio will be average of all these prices and their might be price at which he has accumulated more Bitcoins then other values.

Signature campaign is handy for people who can't buy Bitcoin because of legality issues. It's also useful for people who can't spare cash from their monthly income for Bitcoin and participate in these campaigns as a way to generate discretionary income.

[Kelward]

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain. If we can invest correctly then we can make a profit then we should invest in Bitcoin and hold Bitcoin.

Were you accumulating bitcoin and holding or were you merely buying and selling with little profits, more like gambling with it? Perhaps if you were holding the bitcoin you claimed you were investing into and not trading it, you would be financially better off by now. I take it that you were among those who made mistakes by taking quick profits when you should be stacking your bitcoin for a long term ride which explains why you were unsuccessful after many years. You can still start afresh your journey with good investment practices and a long term holding plan, you can still have a chance at some level of success in the future. Bitcoin is meant to be held for a long period (4 - 10 years or more) to be profitable and the more you can hold without tampering your portfolio, the better your chance at enjoying compounded profits on your investment. Additionally, building out backup funds like emergency fund and other variances would help you keep your hand off your portfolio when in need. Be sure to accumulate it with your discretionary income so you can comfortably hold for long without fear or panic.

You can't hold Bitcoin for the long term and not be profitable, if you're not profitable that means that you're selling prematurely. Long term doesn't mean like 2 years, it needs to be atleast over 4 to 10 years or more, if you're able to hodl without selling you will surely be in profit. Bitcoin long term investment needs discipline, if you're not you can be enticed when price rallies to sell and take profit but if you understand that the longer you hodl the more profitable your Bitcoin will be you won't be in a hurry to offload it. So far you have a functional discretionary funds there's really no need to sell when Bitcoin pumps you should understand that it has the potentials to continue pumping on the long term.