Buy Buy Buy or Sell Sell Sell?

[Jostern]

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.
 

You’re absolutely right sir, if we anticipate in such a manner it is quite likely that we should be more aggressive in buying and stacking up bitcoin knowing fully well that the possibility of Bitcoin going more higher in the next couple of years to come would be a massive achievement for for Bitcoin and it’s investors, because their is possibility of making a desired goals if we’ve been holding for a long terms plans.

Signature campaign might actually give us some added advantage of accumulating bitcoin on a consistent basis and holding it for a long term, as long as we’ve signature campaign we are guaranteed more opportunities of having Bitcoin at our disposal, and also trying to have other options of having financial income some money available and having a discretionary income outside our signature campaign to buy and accumulate more would definitely be a good idea of having more Bitcoin, I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

[EstherBtc]

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.

I agree with you 100% when investing in 
Bitcoin there's no guarantee but using previous trends and how Bitcoin has proven itself as a good investment for the long term.

[Merit.s]

. 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.

It shows that you don't understand the deep meaning of the word "invest with the amount of money that you can afford to lose" it doesn't mean that bitcoin is gambling but it is sending a message to you that you should only invest with you discretionary income so that you don't go and invest beyond your discretionary income.

You can use your discretionary income to do whatever you want, club, gamble, drink, smoke and many more, if it's gone, you forget about it. This is why instead of using your discretionary income for consumption, use it to invest in bitcoin for your future.

Secondly, investing with an amount of money that you can afford to is to let you know that bitcoin investment is not guaranteed to keep pumping and be profitable in the future. So that, you can think wisely and set up other stream of income without putting all your hope to survive with your bitcoin investment in future.

This is because the future is filled with uncertainty and if bitcoin price goes against you, you don't regret investing in bitcoin till death but have other investment/business to survive with. I know that the odd of bitcoin price moving uptrend if higher than downtrend but we wish be prepared for the worst case scenarios and don't only think one side.

[Sim_card]

Signature campaign might actually give us some added advantage of accumulating bitcoin on a consistent basis and holding it for a long term, as long as we’ve signature campaign we are guaranteed more opportunities of having Bitcoin at our disposal, and also trying to have other options of having financial income some money available and having a discretionary income outside our signature campaign to buy and accumulate more would definitely be a good idea of having more Bitcoin, I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

Signature campaign is not a guarantee for you to accumulate bitcoin in the long run because they are only temporary and not a permanent job. The casino can choose not to promote their brand in the forum again and go somewhere else which will make the campaign stop and your bitcoin accumulation will stop. It's not even a guarantee that because you are a forum member, you will always be in a signature campaign.

 However, it's an opportunity for many low income earners who don't have discretionary income or those who don't have any means to get a discretionary income to seperate himself from a no coiner. This is why it's very important for you to look for a means to increase your income either by learning a skill or a second job or upgrade your qualification for a higher paid job to enable you to be consistent with your weekly DCA for 4-10 years and above till you reached your bitcoin target.

[Emjay24]

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.

I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

It's important you earn from more sources of income instead of undermining one with the hope of maximizing the other and I think that if you have more income sources, then increasing your aggressiveness would be easier. There are several ways people can earn Bitcoin beyond signature campaigns. Some people work for companies that pay in Bitcoin and they still earn it and can increase their aggressiveness from there. I would love to work skill based for a company that pays me in Bitcoin. It would be easier for my stacking.

It doesn't matter if you earn it or you buy it, as long as you're increasing your income in whichever currency it comes and you use it to increase your aggressiveness in acquiring Bitcoin, You're still on the right path.

[BitBakerr1]

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.

I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

It's important you earn from more sources of income instead of undermining one with the hope of maximizing the other and I think that if you have more income sources, then increasing your aggressiveness would be easier. There are several ways people can earn Bitcoin beyond signature campaigns. Some people work for companies that pay in Bitcoin and they still earn it and can increase their aggressiveness from there. I would love to work skill based for a company that pays me in Bitcoin. It would be easier for my stacking.

It doesn't matter if you earn it or you buy it, as long as you're increasing your income in whichever currency it comes and you use it to increase your aggressiveness in acquiring Bitcoin, You're still on the right path.

Increasing your source of income is not based on the number of job you are doing you can be doing a particular job and still increasing your source of income in that same job, it all depends on the kind of job you are doing, now you can be earning in a particular job and then getting involved in real estate business buying Land and houses and then selling back, in that way you are still doing your particular job and still increasing your source of income some set of people believe that the only way you can increase your source of income is by taking different jobs I don't advice people to take different job that will stress them because like they say health is wealth if you are being stressed out because of different jobs you are taking it can affect your health so I won't advise anyone to take different job just because he wants to be aggressive in his Bitcoin investment.
If your job is paying very well stay in that particular job you are doing and then increase your source of income by investing in other things to increase your income.

[Finebone]

Signature campaign might actually give us some added advantage of accumulating bitcoin on a consistent basis and holding it for a long term, as long as we’ve signature campaign we are guaranteed more opportunities of having Bitcoin at our disposal, and also trying to have other options of having financial income some money available and having a discretionary income outside our signature campaign to buy and accumulate more would definitely be a good idea of having more Bitcoin, I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

Signature campaign is not a guarantee for you to accumulate bitcoin in the long run because they are only temporary and not a permanent job. The casino can choose not to promote their brand in the forum again and go somewhere else which will make the campaign stop and your bitcoin accumulation will stop. It's not even a guarantee that because you are a forum member, you will always be in a signature campaign.

 However, it's an opportunity for many low income earners who don't have discretionary income or those who don't have any means to get a discretionary income to seperate himself from a no coiner. This is why it's very important for you to look for a means to increase your income either by learning a skill or a second job or upgrade your qualification for a higher paid job to enable you to be consistent with your weekly DCA for 4-10 years and above till you reached your bitcoin target.

I totally agree to all you said here because you are right, depending on signature campaign only to build a huge stash of bitcoin is myopic because you are likely going to be out campaign at some point which might affect your bitcoin accumulation or might even put a halt to your Bitcoin accumulation journey, so buying and accumulating bitcoin through your discretionary income is more reliable because your faith is more likely to be in your hands than depending on signature campaign that can end at anytime.

[Shadiq]

I totally agree to all you said here because you are right, depending on signature campaign only to build a huge stash of bitcoin is myopic because you are likely going to be out campaign at some point which might affect your bitcoin accumulation or might even put a halt to your Bitcoin accumulation journey, so buying and accumulating bitcoin through your discretionary income is more reliable because your faith is more likely to be in your hands than depending on signature campaign that can end at anytime.

The money from the signature campaign can be considered as an alternative source of income. I never consider the money from the signature campaign as prudent money and do not manage investments completely dependent on this money. Rather, it is an alternative source of income for investment and I consider these bitcoins as an alternative investment fund.

To achieve goals and be successful in long-term investment, you must have a prudent source of income and manage investments with that money. I even think that investment fund should be considered as your main investment fund. The bitcoins obtained from the signature campaign play an important role in achieving goals quickly in our investment journey and it is an alternative source of income, which is very effective in our investment journey.

[Loyang]

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.

I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

How aggressive you are in investing in Bitcoin depends entirely on your financial situation. For example, if your financial situation is bad, then you need to increase your work, then you may be aggressive in buying Bitcoin. But you have to be careful whether you can do the extra work or not. For example, if you are not physically fit, then it is better for you not to do the extra work. Because if you want to do the extra work and if you become physically ill while doing the extra work, then you may have more financial crisis, at that time you may have to sell your holdings. So you first have to think whether you can do the extra work or not.

[Muba20]

Signature campaign might actually give us some added advantage of accumulating bitcoin on a consistent basis and holding it for a long term, as long as we’ve signature campaign we are guaranteed more opportunities of having Bitcoin at our disposal, and also trying to have other options of having financial income some money available and having a discretionary income outside our signature campaign to buy and accumulate more would definitely be a good idea of having more Bitcoin, I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

Signature campaign is not a guarantee for you to accumulate bitcoin in the long run because they are only temporary and not a permanent job. The casino can choose not to promote their brand in the forum again and go somewhere else which will make the campaign stop and your bitcoin accumulation will stop. It's not even a guarantee that because you are a forum member, you will always be in a signature campaign.

 However, it's an opportunity for many low income earners who don't have discretionary income or those who don't have any means to get a discretionary income to seperate himself from a no coiner. This is why it's very important for you to look for a means to increase your income either by learning a skill or a second job or upgrade your qualification for a higher paid job to enable you to be consistent with your weekly DCA for 4-10 years and above till you reached your bitcoin target.

I totally agree to all you said here because you are right, depending on signature campaign only to build a huge stash of bitcoin is myopic because you are likely going to be out campaign at some point which might affect your bitcoin accumulation or might even put a halt to your Bitcoin accumulation journey, so buying and accumulating bitcoin through your discretionary income is more reliable because your faith is more likely to be in your hands than depending on signature campaign that can end at anytime.

Any one can also hold Bitcoin with the money he gets from the signature campaign. But in this case, he will definitely need to create an emergency back-up fund. Sometimes the signature campaign may end or be closed for some reason. If you can create a reserve fund for 3 months, then you can manage another signature campaign within that time. But if you have a fixed and consistent income system in terms of investment, you can continue your investment from there continuously. And with the money from the signature campaign, you can make some aggressive investments that can further increase your Bitcoin accumulation.

[Silikiem]

author=Loyang link=topic=5487753.msg65711246#msg65711246 date=1755625791]

if you are not physically fit, then it is better for you not to do the extra work. Because if you want to do the extra work and if you become physically ill while doing the extra work, then you may have more financial crisis, at that time you may have to sell your holdings. So you first have to think whether you can do the extra work or not.

Just like the saying goes, “health is wealth”. Your health comes first before any other thing, and its wise for an investor to always prioritize his health first because it will go a long way to save your investment and thus, helping you achieve continuous success in your long term investment strategy, don’t attempt to undertake any work you know that your health condition can’t carry you simply because you’re chasing wealth, at the end you will end up spending even more than the amount of money you might be receiving from that very job treating yourself in the hospital bed, and that will be foolish act as an investor. That being said, instead of tending to selling off your holdings when in an emergency or financial crisis, this is where your emergency funds comes into play. As an investor, it’s wise enough to know that you must build up your emergency funds while you’re accumulating bitcoin so you don’t have to sell off your bitcoin holdings too early and also when In an emergency situation or crisis which requires cash to solve.

[IceLincoln]

Signature campaign might actually give us some added advantage of accumulating bitcoin on a consistent basis and holding it for a long term, as long as we’ve signature campaign we are guaranteed more opportunities of having Bitcoin at our disposal, and also trying to have other options of having financial income some money available and having a discretionary income outside our signature campaign to buy and accumulate more would definitely be a good idea of having more Bitcoin, I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

Signature campaign is not a guarantee for you to accumulate bitcoin in the long run because they are only temporary and not a permanent job. The casino can choose not to promote their brand in the forum again and go somewhere else which will make the campaign stop and your bitcoin accumulation will stop. It's not even a guarantee that because you are a forum member, you will always be in a signature campaign.

 However, it's an opportunity for many low income earners who don't have discretionary income or those who don't have any means to get a discretionary income to seperate himself from a no coiner. This is why it's very important for you to look for a means to increase your income either by learning a skill or a second job or upgrade your qualification for a higher paid job to enable you to be consistent with your weekly DCA for 4-10 years and above till you reached your bitcoin target.

Did you really understand what you bolded? Or you just came to post to disprove his point without fully understanding, there’s a condition in his comments as long as you have signature campaign we’re guaranteed and he added the options of having additional sources of income to have enough discretionary funds to buy and accumulate. You read the statement and forgot he put AS LONG AS,… he never said for a lifetime.
Now if a person is in a signature campaign he’s sure of receiving bitcoin on a weekly basis provided he meets his quota surely you see the advantage to this;, the BTC received gives you an additional opportunity because you have bitcoin at your disposal. If the DCAing of the individual is $100 weekly and he earns $50 from his campaign he only needs to use his discretionary to purchase just the other half OR if he’s able he can be aggressive and still purchase his normal $100 to add his $50 making his total $150 weekly.
So long as you’re in a campaign you’re guaranteed an opportunity in bitcoin and at a better advantage.

[sotelorene]

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.

I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

How aggressive you are in investing in Bitcoin depends entirely on your financial situation. For example, if your financial situation is bad, then you need to increase your work, then you may be aggressive in buying Bitcoin. But you have to be careful whether you can do the extra work or not. For example, if you are not physically fit, then it is better for you not to do the extra work. Because if you want to do the extra work and if you become physically ill while doing the extra work, then you may have more financial crisis, at that time you may have to sell your holdings. So you first have to think whether you can do the extra work or not.

As a human being you are suppose to know your capacity and capability and one thing is knowing you can not cheat or outsmart nature because once you exceed your limit, even if you don't see the repacaution immediately, later you will see it. The level of aggressive Investment doesn't only depend on financial situation because there are people with good financial strength but they don't have the zeal to invest aggressively even when they have all it takes and so, the level of aggressiveness depends on financial strength and investor's mindset or target, any investor with high target and positive mindset about Bitcoin will always do anything to grow his portfolio.

[Finebone]

Signature campaign might actually give us some added advantage of accumulating bitcoin on a consistent basis and holding it for a long term, as long as we’ve signature campaign we are guaranteed more opportunities of having Bitcoin at our disposal, and also trying to have other options of having financial income some money available and having a discretionary income outside our signature campaign to buy and accumulate more would definitely be a good idea of having more Bitcoin, I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

Signature campaign is not a guarantee for you to accumulate bitcoin in the long run because they are only temporary and not a permanent job. The casino can choose not to promote their brand in the forum again and go somewhere else which will make the campaign stop and your bitcoin accumulation will stop. It's not even a guarantee that because you are a forum member, you will always be in a signature campaign.

 However, it's an opportunity for many low income earners who don't have discretionary income or those who don't have any means to get a discretionary income to seperate himself from a no coiner. This is why it's very important for you to look for a means to increase your income either by learning a skill or a second job or upgrade your qualification for a higher paid job to enable you to be consistent with your weekly DCA for 4-10 years and above till you reached your bitcoin target.

I totally agree to all you said here because you are right, depending on signature campaign only to build a huge stash of bitcoin is myopic because you are likely going to be out campaign at some point which might affect your bitcoin accumulation or might even put a halt to your Bitcoin accumulation journey, so buying and accumulating bitcoin through your discretionary income is more reliable because your faith is more likely to be in your hands than depending on signature campaign that can end at anytime.

Any one can also hold Bitcoin with the money he gets from the signature campaign. But in this case, he will definitely need to create an emergency back-up fund. Sometimes the signature campaign may end or be closed for some reason. If you can create a reserve fund for 3 months, then you can manage another signature campaign within that time. But if you have a fixed and consistent income system in terms of investment, you can continue your investment from there continuously. And with the money from the signature campaign, you can make some aggressive investments that can further increase your Bitcoin accumulation.

It's never a problem adding to your stash of  Bitcoin with the Bitcoin you get from your signature campaign, but depending on it alone in your accumulation of Bitcoin is where the problem is, because for consist accumulation on the longer run it it's not ideal, since the signature campaign might end in a very short time.

[JayJuanGee]

[edited out]

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 .

It seems to me that thinking bitcoin as an investment that is 4-10 years or longer will help to put us in more of an investing rather than a trading mindset, even though surely we ongoingly retain the right to get out of bitcoin at any time we like and we also have the right to trade bitcoin rather than invest into it.

I personally don't recommend trading bitcoin, yet people are going to do what they do.. so yeah, hopefully we are at least able to frame the ideas about bitcoin in understandable ways, even if some folks might disagree with some of the ways of thinking about bitcoin and some of the ways of how we treat our bitcoin investment..

And, surely there may well be a decent number of folks who come to bitcoin with a truly 4-10 year or longer timeline in mind, yet along the way, they change their mind about their bitcoin investment either based on changes in their thinking and/or changes in their personal circumstances.

[edited out]

....The best way to succeed with Bitcoin is through learning and discipline and ongoing reinforcement of that discipline through ongoing buying of bitcoin, building and strengthening one's cashflow management systems/practices and ongoing adjustment of these strategy based on paying attention and trying to learn from correct and incorrect action (mistakes).

I could not resist to modify your statement a wee bit.

[edited out]

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.

Yes... no one invests with any intention to lose, yet it is possible for you to lose up to 100% (hopefully not more if you have not leveraged).  At the same time, hopefully you are prepared (financially and mentally) in case bitcoin does not perform as you had expected.  Nothing wrong with our investing as aggressive as we are able to invest with the understanding that bitcoin is an asymmetric bet to the upside, which also includes the possibility that bitcoin might not succeed and also that we could end up experiencing executional risks, too that could cause us to lose money with our bitcoin and even potentially lose all of it.  Yeah of course, we can try to make sure to employ safeguards too, but that still does not transform our bitcoin risk into zero as you seem to be proclaiming that is how you would like to consider your investment into bitcoin as something that for sure will make you better for having had invested into it rather than if you had not invested into it.. which I believe is a dangerous and faulty perspective... yet of course, you are free to believe anything you like, even if some of us might disagree with your describing investing into bitcoin in such ways.

[Miles2006]

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.

I agree with you 100% when investing in 
Bitcoin there's no guarantee but using previous trends and how Bitcoin has proven itself as a good investment for the long term.

You should not focus on previous trends else you’ll get disappointed, past trends can’t fully predict the current market state so if having the hope to watch and observe before buying according to your funds you might end up missing a good opportunity basically all you need is buy using any strategy of your choice with your discretionary income and hold for a long period of time. A good management plan helps keep an investing going not the statistic mentioned above though this is an encouragement scheme to keep our investment going but not a means to watch and study especially a newbie who is just new to bitcoin.

[yixichloro2xx]

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.

Yeah for sure, fear has always been the biggest wall between people and Bitcoin. I remember when Bitcoin was first introduced to the world, a lot of people in my third world country if I should add were laughing it off and calling it trash. The main excuse was always its just digital money, how can it have value, you will lose everything. Meanwhile, these same people were happily trusting their savings to banks that could shut down or inflate their currency overnight......Now because of that fear they had back then, most of the people who first heard about Bitcoin but ignored it are regretting not buying it. Even my old man  is in that category he heard about Bitcoin early but did not want to take the risk and today he still admits he wishes he had put even a small amount in... Although now he's been stacking with little by little thou but the fear still lives in him....

The funny part is, many of them were not even against investing as an idea they just did not want to think too hard about it. Some rushed in without learning, expecting quick riches, and got burned. Others stayed on the sidelines out of fear, and now they are the ones looking back wishing they had at least put a little in....And also the truth is, Bitcoin did not fail them. Planning did. If you dive in without a plan, even gold or real estate would leave you stuck. But if you take your time, DCA with whatever you can, and understand what you are investing in, it is actually less scary than people make it out to be. The only thing scarier is looking back years later and saying, Wow, I really believed digital money was a scam while holding onto cash that inflated right in my pocket.

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.

I think I would rather buy and accumulate more Bitcoin rather than earn it. As much as being optimistic about the Bitcoin I would rather want to accumulate more on a consistent basis and be more aggressive in my Bitcoin buying.

How aggressive you are in investing in Bitcoin depends entirely on your financial situation. For example, if your financial situation is bad, then you need to increase your work, then you may be aggressive in buying Bitcoin. But you have to be careful whether you can do the extra work or not. For example, if you are not physically fit, then it is better for you not to do the extra work. Because if you want to do the extra work and if you become physically ill while doing the extra work, then you may have more financial crisis, at that time you may have to sell your holdings. So you first have to think whether you can do the extra work or not.

Yeah for sure, that is the part a lot of people miss. It’s easy to say just do extra work and buy more Bitcoin, but if you are not  really physically or mentally in the right place for it, you might actually create bigger problems for yourself. Imagine stressing your body just to pick up a second job, then ending up sick and forced to sell the very Bitcoin you were trying to stack,that’s backwards.

At the end of the day, you have got to know your limits. If you can handle more work, great, be aggressive. If not, it’s better to stick with what you can do consistently. Even small amounts over time will still get you somewhere, and you won’t be risking your health or peace of mind just to keep up.

[POPOLUV]

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.

If someone buys Bitcoin and then sells it when the price increases, then he can be compared to a trader, because if someone buys Bitcoin and then sells it when the price increases, then he cannot be an investor. If you invest in Bitcoin for the long term, then you should plan to hold for 2 cycles or 8-10 years. You should focus on accumulating Bitcoin and forget about selling. However, no one who invests in Bitcoin will hold Bitcoin forever, they will also sell at some point, but we have to hold for a long time to reduce risk and expect good profits. However, short-term planning should not be done, because if you plan for the short term, instead of profit, there may be losses. Therefore, if we want to invest in Bitcoin, we should always plan for the long term.

However, the price has come down a little from the highest ATH price, so investors should not panic here but should take advantage of the opportunity to buy at a low price.

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.

I want you to understand that for you to start investing in Bitcoin you don't need to be mentally and financially stable before you can buy to invest in Bitcoin, all you could need right now is your discretionary income which the discretionary income can from anywhere since a discretionary income is the income gotten after you have might pain all your necessary bills then the remaining one is the discretionary income which those that have come across Bitcoin investments will think saving it in the bank will be the best options but since you have the knowledge of Bitcoin if actually you have such money you will thinking of investing on it to have more profits. And i want you to also understand that once start investing you as an investors have it in mind already that you will have an emergency incase if unforeseen circumstances that might arise and if it finally happened it can't make you move out from DCA strategy because DCA strategy allows you to buy Bitcoin small small without being of afraid of market price.

[fullfitlarry]

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.

Exactly, as it is very difficult to convince skeptics with regards to Bitcoin. And from what I've learned, Bitcoin doesn't just want us to be technically inclined, as there are words like Blockchain, Bitcoin address, confirmation time, blocks and other technical jargon that might really scared a lot of investors. So Bitcoin doesn't just ask us to learn it's technology, but it teaches us to globally shift our mindset. And so it requires overcoming what has been the norm or status quo for many years. Human by nature resists change, so everyone has been teach to remain in the status quo, even if the current fiat system is flawed. And then the mindset conditioning, we are bias and conditioned to trust  central authorities, central banks and government. And with Bitcoin's decentralization model, it feels risky for the majority. So perhaps the best approach is to stop trying to convince them, but start trying to inform. Our goal should not to get them to buy, but to understand. So by that shift, maybe just maybe we can protect the people we are trying to help from themselves. And with that, patience and wisdom is the key here and that is the only way we can move forward. Just be calm when we are trying to help others, and again, maybe that will be good enough for those who are going to invest in a safe manner.

[Proty]

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.

Exactly, as it is very difficult to convince skeptics with regards to Bitcoin. And from what I've learned, Bitcoin doesn't just want us to be technically inclined, as there are words like Blockchain, Bitcoin address, confirmation time, blocks and other technical jargon that might really scared a lot of investors. So Bitcoin doesn't just ask us to learn it's technology, but it teaches us to globally shift our mindset. And so it requires overcoming what has been the norm or status quo for many years. Human by nature resists change, so everyone has been teach to remain in the status quo, even if the current fiat system is flawed. And then the mindset conditioning, we are bias and conditioned to trust  central authorities, central banks and government. And with Bitcoin's decentralization model, it feels risky for the majority. So perhaps the best approach is to stop trying to convince them, but start trying to inform. Our goal should not to get them to buy, but to understand. So by that shift, maybe just maybe we can protect the people we are trying to help from themselves. And with that, patience and wisdom is the key here and that is the only way we can move forward. Just be calm when we are trying to help others, and again, maybe that will be good enough for those who are going to invest in a safe manner.

I don't think it will be necessary trying to convince anyone to invest in bitcoin because I believe bitcoin has passed this stage, especially those that are sceptical about bitcoin . Bitcoin has proven to be among the best assets, if not one of the most sought assets. Therefore I believe it is only the blind that needs someone to convince them before they will see the potentials of bitcoin and decide to start buying. Who ever that is still skeptical about the potentials of bitcoin at this stage that bitcoin has gotten to doesn't need any form of convincing, they will continue as a no coiner and before they will realise there mistake of not buying bitcoin, it would have been late.