Buy Buy Buy or Sell Sell Sell?

[Salahmu]

You are right dude ,Having a stable income does not guarantee the ability to invest if all the cash is tied up in necessary expenses , discretionary income truly is the key factor because it is the extra money that allows you to take financial risk or build assets like Bitcoin. it also makes the i deal of starting small much more accessible , even if the income is not stable as long as you have some discretionary funds you can begin accumulating

How is that possible?, with stable income you have been ranked very high among the people that should be counting for consistency in Bitcoin because it never stops and the place the money is coming is a permanent job but however if after having this kind of work and the person still says all the money they're receiving is always for other things instead of the investment definitely means that the person doesn't want Bitcoin or they lack management, there are some needs that requires the entire salary sometimes but it doesn't mean it should be all the money Everytime, even those who don't have such privilege of stable income are much active and someone who has a lucrative means is having a struggle to invest on Bitcoin.

[Finebone]

You are right dude ,Having a stable income does not guarantee the ability to invest if all the cash is tied up in necessary expenses , discretionary income truly is the key factor because it is the extra money that allows you to take financial risk or build assets like Bitcoin. it also makes the i deal of starting small much more accessible , even if the income is not stable as long as you have some discretionary funds you can begin accumulating

You have a good point here man, discretionary income is what's needed to invest in bitcoin, so having a stable income guarantee's nothing, because their are so many folks out there that has a stable source of income but still can't figure out their discretionary income, so just as you have said already, once an investor can sort out his discretionary income, he is good to go because that's what more important.

[Nightwatchmare]

You are right dude ,Having a stable income does not guarantee the ability to invest if all the cash is tied up in necessary expenses , discretionary income truly is the key factor because it is the extra money that allows you to take financial risk or build assets like Bitcoin. it also makes the i deal of starting small much more accessible , even if the income is not stable as long as you have some discretionary funds you can begin accumulating

You have a good point here man, discretionary income is what's needed to invest in bitcoin, so having a stable income guarantee's nothing, because their are so many folks out there that has a stable source of income but still can't figure out their discretionary income, so just as you have said already, once an investor can sort out his discretionary income, he is good to go because that's what more important.

Then if you don't have a stable income, where will you sort out your discretionary income from? Having a stable income is a big advantage for someone who wants to start his/her bitcoin investment because he/she is sure of a discretionary income that he/she will use to accumulate bitcoin. But if you have a stable income that doesn't give you discretionary income after you have solved your weekly or monthly expenses, and you really want to invest in Bitcoin, you have to make some adjustments in your expenses so that you can have discretionary income that you will use to invest in bitcoin.

[EG_O]

I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely

[Barikui1]

I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely

Don't you think that by trying to build your income first before investing in Bitcoin you might not be able to invest in Bitcoin now that it's still very cheap?
 because you don't have to be perfect financially to start, once you have the basic knowledge on Bitcoin and how to accumulate and your discretionary income is available, bro you are good to go, along the line you might decides to start working on ways to improve your finances the more so that your discretionary income can be a lot bigger, but trying to build your finances first before thinking of investing in Bitcoin is a very wrong approach that might makes you not to invest in it at all, because you might not have all you wish for in the end, wish might discourage you in taking the bold step in starting your accumulation journey due to wasted time of not starting now.

[Sonia_123]

For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

In bearish season, this is when supply is greater than demand because of reduction in market price investors tends to be scared and have less confidence in market price, and these is where traders rush to buy more in other to make their profit in any little increase in price that is during the bullish season, since they are known to be a short term holder,also long term investment sees these as an opportunity to accumulate more for those that have extra fund on them to front load their portfolio in other to reach their stipulated target on time using DCA, which also gives an  investor reason of not timing the market and avoid the risk of single cost price. DCA helps an investor to systematically purchases a fixed amount of an asset, at regular intervals regardless of price either in the bearish or bullish season.

[laijsica]

I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely

But to get to that decent level, you will have to spend a lot of time but the less time you can spend on Bitcoin investments the more you will be able to increase your Bitcoin holdings from less dollars. The price of Bitcoin will change over time and it is very likely to be positive. Bitcoin price is currently very low in the context of the possibility of future price increases. Start with the amount of funds you have available and try to continue depositing Bitcoin. Whatever your financial situation if you have discretionary funds at any amount at the end of the week/month such as by reducing your personal expenses or avoiding going to an entertainment centre then you should develop the habit of continuing to deposit Bitcoin in any form until you have stable sources of income. This habit of accumulation small amounts can help you have a large portfolio in the future. As the amount of stable income increases in the future, you can increase the amount of Bitcoin buying or aggressive deposit.

[Silikiem]

I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely

You must not have different streams of income before you get started in bitcoin investment, all what you need to invest in bitcoin is to be able to figure out a discretionary income to start accumulating and invest with. I’ve always advised newbies that it’s better you get started in accumulating bitcoin once you’re desirous to invest in bitcoin as far as your discretionary income to get started with is available, and by the time you get started in accumulating bitcoin you can also decide to increase your income sources if you have the opportunity to do so in order to keep you afloat with your ongoing investment with a long term plan of consistently and persistently accumulation of bitcoin and hodl and gradually build up your portfolio. That time you’re waiting to build different sources of income before getting started in your accumulation would have been used to accumulate a reasonable amount of bitcoin stash and build up your portfolio gradually, and most times, those who waits or procrastinate usually end up not doing anything and abandoning their investment ambitions.

[Umulala-alala]

I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely

You must not have different streams of income before you get started in bitcoin investment, all what you need to invest in bitcoin is to be able to figure out a discretionary income to start accumulating and invest with. I’ve always advised newbies that it’s better you get started in accumulating bitcoin once you’re desirous to invest in bitcoin as far as your discretionary income to get started with is available, and by the time you get started in accumulating bitcoin you can also decide to increase your income sources if you have the opportunity to do so in order to keep you afloat with your ongoing investment with a long term plan of consistently and persistently accumulation of bitcoin and hodl and gradually build up your portfolio. That time you’re waiting to build different sources of income before getting started in your accumulation would have been used to accumulate a reasonable amount of bitcoin stash and build up your portfolio gradually, and most times, those who waits or procrastinate usually end up not doing anything and abandoning their investment ambitions.

Ya dude what is needed to begin your bitcoin investment is your discretionary income waiting to acquire all wealth before buying bitcoin could be an old fashion as one can be buying bitcoin and still be making a way to increase his financial ability, waiting to get full capital can be tempting discretionary income is what that is needed to get kickoff, the dca strategy is a good one to consistently and persistently be buying without considering the price you can be buying every weeks or months and hodl for 4-10 years.

[Mr_Brilliant$]

For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

This is true, because waiting around for Bitcoin to drop more is how a lot of people end up with nothing… Truth is, nobody can tell you the exact bottom, and if you keep waiting for it, you might just sit there and watch the price double before you even make your first buy… Even now, what looks expensive today will probably look cheap a few years from now, that is just how Bitcoin has always moved..

That is why DCA really saves you from all that headache..  Instead of stressing about the perfect entry, you just keep buying little by little no matter the price. Sometimes you will buy high, sometimes low, but in the long run your Bitcoin stack keeps growing. It might look slow, but it works way better than trying to play smart and timing everything…

You are correct, and I can tell you that this is one of the reasons why some individuals do not have Bitcoin today. One thing an investor should remember about investing in Bitcoin is that every time is good to buy Bitcoin; don't expect the price to drop to use the opportunity to buy Bitcoin; when the price drops $103,000, some people think the price will drop more than that, and the price has risen back to 115k; some people still believe that the price will drop, If they do not have the funds to buy in large amounts, they are free to buy with any amount they have and keep for a long length of time, it is not required to buy in large amounts, at the absolute least, buy now rather than waiting a long time, as we do not know if the price will drop soon.

Stop calling someone who has not buy Bitcoin for investment as an investor. You should say an aspiring investor or anything you choose to call them. Bitcoin investment is accessible to anyone, as long as you have a stable income to carry you along the line. However, not everyone can invest in Bitcoin because of several reasons. One big reason is procrastination and personal conviction. Most people will never accept any new technology unless they are convinced personally and how is that possible if they do not give it a try.

A stable income is not just what is needed for one to start accumulating bitcoin but rather discretionary income therefore I believe it will be appropriate to say that as long as one have discretionary income they are good to start accumulating bitcoin instead stable income. Since it is possible for one to have a stable income without having a discretionary income, because our expenses do differs. Finally even without a stable income one can start accumulating bitcoin as long as the discretionary income is there to start with.

You are right dude ,Having a stable income does not guarantee the ability to invest if all the cash is tied up in necessary expenses , discretionary income truly is the key factor because it is the extra money that allows you to take financial risk or build assets like Bitcoin. it also makes the i deal of starting small much more accessible , even if the income is not stable as long as you have some discretionary funds you can begin accumulating

The thing here is, only people who can actually plan their finances well that end up having something left to invest. If you are just spending randomly and every little income goes straight into bills, then you will never see extra money for Bitcoin.. Discretionary income does not appear by magic, it comes from being intentional about your money, cutting out waste, and setting priorities right…..

Those who manage to keep aside discretionary funds are the ones who can afford to take that step into building wealth. It does not matter whether they earn a lot or a little, what matters is they know how to budget.. Someone earning average pay but disciplined with their money will stack way more Bitcoin than a high earner who spends everything without thinking..

At the end of the day, investing in Bitcoin comes down to planning. If you can not control your finances, you will always end up touching your investment or not even starting at all. But if you are able to consistently put aside even a small bit as discretionary income, then you are already in the game…

[yixichloro2xx]

For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

In bearish season, this is when supply is greater than demand because of reduction in market price investors tends to be scared and have less confidence in market price, and these is where traders rush to buy more in other to make their profit in any little increase in price that is during the bullish season, since they are known to be a short term holder,also long term investment sees these as an opportunity to accumulate more for those that have extra fund on them to front load their portfolio in other to reach their stipulated target on time using DCA, which also gives an  investor reason of not timing the market and avoid the risk of single cost price. DCA helps an investor to systematically purchases a fixed amount of an asset, at regular intervals regardless of price either in the bearish or bullish season.

Of course what defines the bearish season is not just the falling price but the psychology behind it. Fear takes over and weak hands exit the market, which is why prices dip further. Short term traders may sometimes take advantage of quick moves, but it is really the long term investors who gain the most because they accumulate at lower levels while others panic.....That is exactly why DCA makes so much sense. Instead of worrying about the exact bottom or top, you build your position step by step across all seasons. In the long run those steady buys make a huge difference, and history has shown that it is the patient accumulators who come out stronger after every cycle.

[HajiBagi]

For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

When I see someone with the mindset to wait for the bitcoin to drop, it always makes me think that the person is not serious buying of bitcoin or buy now. We can never know when the price will drop, that is why I always say that every time is good to buy bitcoin, those who wait for the last two years and last are regretting not buying it then because the price has risen, waiting for the right time may still cause some people to miss the opportunity to buy this year and later. Bitcoin's price is volatile, so our strategy is to buy utilising the DCA method and accumulate as much as possible before the price rises even further.

[serjent05]

You are right dude ,Having a stable income does not guarantee the ability to invest if all the cash is tied up in necessary expenses , discretionary income truly is the key factor because it is the extra money that allows you to take financial risk or build assets like Bitcoin. it also makes the i deal of starting small much more accessible , even if the income is not stable as long as you have some discretionary funds you can begin accumulating

How is that possible?,with stable income you have been ranked very high among the people that should be counting for consistency in Bitcoin

It is possible to have a stable income but can't sustain the basic needs of a person or just enough for expenditures.  Please bear in mind that the term stable means predictable and sustainable.  meaning even with low income if it is continuous and resillience of disruption can be called stable.  Stable does not mean huge income or sufficient income.  If we talk about sufficient income, then it is aboutthe  sufficiency of the income, not the stability of income.  So in this scenario where a person have just enough income for his family needs, he might not be able to have extra funds to buy BTC.

I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely

Don't you think that by trying to build your income first before investing in Bitcoin you might not be able to invest in Bitcoin now that it's still very cheap?

For a person to have a family to feed, it is normal to buld up his income before investing to anything.  Any responsible parent would make sure that their family has sufficient food on the table before investing in anything.  It would be hard for responsible people to see their families getting hungry because they invested their money to a certain investment that will yield profit in the next 3-5 years.  It is also stated that in investment, the priority should be the family's needs before indulging oneself to an investment spree.

[Tonimez]

You are right dude ,Having a stable income does not guarantee the ability to invest if all the cash is tied up in necessary expenses , discretionary income truly is the key factor because it is the extra money that allows you to take financial risk or build assets like Bitcoin. it also makes the i deal of starting small much more accessible , even if the income is not stable as long as you have some discretionary funds you can begin accumulating

How is that possible?,with stable income you have been ranked very high among the people that should be counting for consistency in Bitcoin

It is possible to have a stable income but can't sustain the basic needs of a person or just enough for expenditures.  Please bear in mind that the term stable means predictable and sustainable.  meaning even with low income if it is continuous and resillience of disruption can be called stable.  Stable does not mean huge income or sufficient income.  If we talk about sufficient income, then it is aboutthe  sufficiency of the income, not the stability of income.  So in this scenario where a person have just enough income for his family needs, he might not be able to have extra funds to buy BTC.

You're right about the possibility of having a stable source of income which could be insufficient for your personal life and responsibility. Humans would only want to remain where they're nearly rewarded with what would at least sort their basic needs. No body would remain in a job that can not take care of his responsibilities and if he does, he is with actively seeking to have an alternative source of income or looking for a completely different source of income to keep up with his responsibilities. So therefore, anyone who capable of maintaining his daily life does not need to have it in excess before he can be able to invest in bitcoin. You can choose to overlook changing that shoe or acquiring a new shoe or wrist watch for the moment and channel that fund into bitcoin. This does not mean you have a sufficient income, it only shows how tasty you are to own a bitcoin. For someone that goes out every Sunday for a chill out, he can decide to omit just one Sunday and channel the money to bitcoin. You see, sometimes, insufficiency is in the mind, someone who cannot save up a little to invest when he's doing a lower job may find it very difficult to spare a fund for bitcoin when he's finally earning more.

For a person to have a family to feed, it is normal to buld up his income before investing to anything.  Any responsible parent would make sure that their family has sufficient food on the table before investing in anything.  It would be hard for responsible people to see their families getting hungry because they invested their money to a certain investment that will yield profit in the next 3-5 years.  It is also stated that in investment, the priority should be the family's needs before indulging oneself to an investment spree.

Let's look at a family of 3 that survives on a $12 budget per day out of the little of maybe $15 daily petty job of the head, say man. If he spends $12 on feeding daily to feed the three while holding up the remaining $3 for other minor things in the house. This clearly describes how someone could have an insufficient income that could also sustain him for the time being. If he so wish to invest in bitcoin, so long as he's determined to do it, he can choose to minimise the $12 to $11 with a little strain and he would still feed the 3 with little or minor influence on the family. If he saves $1 daily, in 10 days he could be a bitcoin owner when he invests the $10 like it never existed. Here, he's not earning a sufficient income, he only needed to own a bitcoin. He can be doing this once in a month, feed the family with $12 for 20 days and $11 for 10 days. By so doing, there would be a reduced stress on the family while maintaining a DCA allocation of $10 per month and in one year he has invested $120 in bitcoin which he would never own if he kept complaining about the insufficient income he earns. We can choose our destiny wisely, complaining about scarce commodity or willingness to take the step into the future of bitcoin.

[Derekfunds]

For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

In bearish season, this is when supply is greater than demand because of reduction in market price investors tends to be scared and have less confidence in market price, and these is where traders rush to buy more in other to make their profit in any little increase in price that is during the bullish season, since they are known to be a short term holder,also long term investment sees these as an opportunity to accumulate more for those that have extra fund on them to front load their portfolio in other to reach their stipulated target on time using DCA, which also gives an  investor reason of not timing the market and avoid the risk of single cost price. DCA helps an investor to systematically purchases a fixed amount of an asset, at regular intervals regardless of price either in the bearish or bullish season.

Of course what defines the bearish season is not just the falling price but the psychology behind it. Fear takes over and weak hands exit the market, which is why prices dip further. Short term traders may sometimes take advantage of quick moves, but it is really the long term investors who gain the most because they accumulate at lower levels while others panic.....That is exactly why DCA makes so much sense. Instead of worrying about the exact bottom or top, you build your position step by step across all seasons. In the long run those steady buys make a huge difference, and history has shown that it is the patient accumulators who come out stronger after every cycle.

Don't contradict this word short term traders because they are typically traders and JJG has made it clear before so instead of using the word short term just called them traders instead before newbie will think there is such category of people in Bitcoin. Holding for long is the best way and will always be the... as long as Bitcoin Investment is concerned. Anyone who take his profit or sell when Bitcoin drop due to fear can never be called an investor because real investor doesn't get drive by market Dip and selling when market dip could mean, lack of Bitcoin knowledge, lack of trust or maybe that person used what  he can not afford that is investing with money outside their discretionary etc.

[Jostern]

I think one have to build his or her income before thinking of discretionary income, it's after you have different streams of income that is when you will have a stable income and then discretionary income follow suit, that is when an investor can invest his or her income wisely

I think the best thing you should do is getting started rather than waiting to have multiple stream of income before getting started to investment in bitcoin, by the way you don’t require multiple streams of income to invest in bitcoin, what you need to invest in bitcoin is a discretionary income, and that is just a money that is left after paying for your expenses and your bills, you could possibly start investing little by little ( fraction by fraction) and you can always accumulate with the DCA method.

You don’t even need a stable source of income to invest in bitcoin, what you need to invest in bitcoin is a discretionary income, and that means it’s what you’re left with after paying your bills, and investing in bitcoin is always a good and wise idea, because it will definitely open a good opportunity of building a successful portfolio considering that you’re investing with the mindset of holding for a long term purpose, which I will tell you it’s the best way of investing in Bitcoin and that is holding for a long term, when you tend to be waiting to have everything necessary you like you said, then you’re wasting time and you will eventually be missing out on opportunities of accumulating more.

[ruykeri]

For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

In bearish season, this is when supply is greater than demand because of reduction in market price investors tends to be scared and have less confidence in market price, and these is where traders rush to buy more in other to make their profit in any little increase in price that is during the bullish season, since they are known to be a short term holder,also long term investment sees these as an opportunity to accumulate more for those that have extra fund on them to front load their portfolio in other to reach their stipulated target on time using DCA, which also gives an  investor reason of not timing the market and avoid the risk of single cost price. DCA helps an investor to systematically purchases a fixed amount of an asset, at regular intervals regardless of price either in the bearish or bullish season.

Of course what defines the bearish season is not just the falling price but the psychology behind it. Fear takes over and weak hands exit the market, which is why prices dip further. Short term traders may sometimes take advantage of quick moves, but it is really the long term investors who gain the most because they accumulate at lower levels while others panic.....That is exactly why DCA makes so much sense. Instead of worrying about the exact bottom or top, you build your position step by step across all seasons. In the long run those steady buys make a huge difference, and history has shown that it is the patient accumulators who come out stronger after every cycle.

Don't contradict this word short term traders because they are typically traders and JJG has made it clear before so instead of using the word short term just called them traders instead before newbie will think there is such category of people in Bitcoin. Holding for long is the best way and will always be the... as long as Bitcoin Investment is concerned. Anyone who take his profit or sell when Bitcoin drop due to fear can never be called an investor because real investor doesn't get drive by market Dip and selling when market dip could mean, lack of Bitcoin knowledge, lack of trust or maybe that person used what  he can not afford that is investing with money outside their discretionary etc.

I agree with you, in fact, those who trade Bitcoin for a short time consider it like gambling, and I personally think that Bitcoin is not for trading, it is a means of securing the future of yourself and your family through long-term investment. And investors and traders, whose concepts are completely different. Investor always decide to make investing after thinking about it deeply and getting fundamental knowledge , and those who traders, invest only thinking about profit and want to get rich quickly. That's why those who invest thinking about trading, like gambling, sometimes make profits, but most of the time, people basically lose. I also first came to know about the concept of investing in Bitcoin through DCA method through discretionary income from JJG sir. It is quite clear that this is the easiest and simplest way to invest in Bitcoin. By following the DCA method, investing through discretionary income does not cause any kind of mental and financial stress and there is no disruption in the investment due to Bitcoin fluctuations because those who invest in this way do not worry about whether the selling price has decreased or increased. So we should make long-term investing more acceptable to beginners. Short-term investing is basically a type of gambling for traders, with very low chances of making a profit. I would even include those who have invested or are holding for two or three years among these traders because if you hold Bitcoin for a minimum of 4 to 10 years or more and invest regularly, you can see the real profit. If a person who has been trading for only two or three years could have extended it for more than 4 years or up to 10 years, he would have made several times more profit. We understand this from the past.

[JayJuanGee]

For those who are still waiting for the bearish season to arrive before they can buy bitcoin, I think they should just count themselves out of the people that will buy bitcoin this season. Because a person who really wants to invest in the Bitcoins will not still be waiting for the bearish season to arrive, and they say the earlier is better. What if the bearish season later comes at the wrong moment? How can he do it? He will end up with regrets.

Whats the definition of bearish season? Five years from now, may be we will call this price of 115k as bearish just like we now call price of 10k back in 2019 as bearish. I think there is no formal definition of bearish price or season as we are not sure whether current price is the bottom or price will go further down from here. Those who don't have good amount of Bitcoin must continue to accumulate bitcoin for five years or more and they must not pay attention to voices of bearish season and it's too late to buy Bitcoin.  

If you wait for Bitcoin to fall, you may regret it in the future, because the price of Bitcoin, which is a challenge to determine, is cheaper today than in the future because the demand for Bitcoin which has increased greatly at present and will increase many times in the future and the price of Bitcoin will increase greatly, but although there is no guarantee of this but the future of Bitcoin is bright, when to enter or exit the market for investment frees you from this kind of challenge when using the DCA strategy, the DCA strategy will be the best for you to grow your wealth,

When I see someone with the mindset to wait for the bitcoin to drop, it always makes me think that the person is not serious buying of bitcoin or buy now. We can never know when the price will drop, that is why I always say that every time is good to buy bitcoin, those who wait for the last two years and last are regretting not buying it then because the price has risen, waiting for the right time may still cause some people to miss the opportunity to buy this year and later. Bitcoin's price is volatile, so our strategy is to buy utilising the DCA method and accumulate as much as possible before the price rises even further.

Waiting has not been a good strategy for the past nearly 3 years (since the November 2022 bottom). Sure there have been a few price drops since November 2022, yet the BTC price has mostly been going up for that whole time.  

We can look at the charts and see that probably front loading would have had been good for anyone who might have already had money that they could use to buy bitcoin in a lump sum kind of a way.  Otherwise, even the plain ole DCA would have worked decently well.  - even going by your forum registration date of December 24, 2022, HajiBagi.  If we calculate someone investing into bitcoin for nearly 3 years, we might see that even a person who had invested $200 per week would have invested around $28k and would have had accumulated right around 0.8 BTC.  

Doesn't seem like a bad place to be for a guy to have had accumulated somewhere in the ballpark of 0.8 BTC for around $28k, and surely dependent on the budget that a guy might be able to put together on a consistent basis and the amount that he is able to spare into bitcoin, even though if that same person had been able to lump sum that same amount of $28 into bitcoin around that same time at various points in 2022 (especially after June 2022), he would have had been able to accumulate more than a whole bitcoin with a lump sum as compared to spreading out the investment over 3-ish years, yet people do not frequently have large sums of money that they can tap into in order to invest into bitcoin or into anything else. ..

Many folks end up figuring out how much they can invest on a regular basis (perhaps weekly?) and then just investing and building their bitcoin position over time, and it tends to take a decent amount of time to build up an investment so that later down the road the benefits of all that hard work, dedication and delayed gratification might have good chances of improving the guy's situation, even though such guarantee of improvement was not and is not present.

By the way, I am not sure what a guy with 0.8 BTC might want to do in regards to his situation, and if we presume that he had been investing a bit less than 3 years and he had been investing at $200 per week, then perhaps he might want to continue to invest into bitcoin at that same rate or maybe we might presume that with the passage of time his income continues to go up and he continues to learn ways to increase his income and/or to decrease his spending so that he can continue to invest into bitcoin on a weekly basis, and maybe he can plan to invest another 3-5 years into bitcoin at as high of a rate that he is able to invest and then see where he is at that time.  

Maybe he can accumulate another 0.5 Bitcoin or even another 0.8 BTC in the coming 3-5 years? .. so maybe if he ends up continuing to increase his bitcoin investment amount then over the next 5 years he might be able to average $400 per week, which would be $20k per year, which would be another $100k invested into bitcoin in the coming 5 years, and maybe that is not quite a whole bitcoin, and various scenarios could be outlined in which even another $100k invested into bitcoin might ONLY add up to anywhere between 0.3 BTC to 1 BTC, and a guy can tentatively see where he is at if he attempts to project out where he might be and where the BTC price might be.  Let's say that in the next 5 years the guy invests another $100k into bitcoin and he accumulates another 0.8 BTC, so then his total invested amount would be $128k and his total quantity of bitcoin would be 1.6 BTC.

I had estimated (projected) out that based on my projection of the 200-WMA by the end of 2030 the 200-WMA would be around $250k, and so accordingly if something like that were to hold up, a guy would need 3.2 BTC in order to support a sustainable income of $80k per year, so if a guy has around 1.6 BTC, by the end of 2030, then that 1.6 BTC would support a sustainable income of about $40k per year...

Although if any of us understands the 200-WMA, if a person invests in bitcoin at a steady rate for 4 years, then the 200-WMA suggests the average cost of his BTC over 4 years of steady investing, so then if we have a 200-WMA that is somewhere around $200k in the coming 4 years, then even a guy who invests $100k into bitcoin spread out over the coming 5 years may well only be able to accumulate around 0.5 BTC during that time, bringing the guy in our earlier hypothetical an expected total of BTC by the end of 2030 closer to 1.3 BTC rather than 1.6 BTC  (that is 0.8 BTC + 0.5 BTC)  ... That is still a good amount of BTC to have based on around 8 years of anticipated BTC accumulationo, but still, depending on the income goals of the guy, there still may be a need (or a desire) to continue to accumulate more bitcoin (or at least just let more time pass) before starting to withdraw from his already build up BTC stash.  

My above linked 200-WMA projection chart shows 1.34 BTC being able to support an $80k per year income by late 2035, and yeah of course projections of the 200-WMA into the future are likely to be a bit off and projections are dependent on a variety of variables playing out that may or may not play out, so what I attempt to do is to adapt my future projections every 6 months in order to account for the data (and the reality of how the facts are playing out) as the new information is coming in with an update every 6-ish months.

[Rockson1]

Many folks end up figuring out how much they can invest on a regular basis (perhaps weekly?) and then just investing and building their bitcoin position over time, and it tends to take a decent amount of time to build up an investment so that later down the road the benefits of all that hard work, dedication and delayed gratification might have good chances of improving the guy's situation, even though such guarantee of improvement was not and is not present.

Some persons don't want to just start that has been a big problem but they are evenly ready to complain and feel bad when they see bitcoin price hit higher than it was when they were supposed to invest, trying to work out modalities on how to invest in bitcoin in whichever way that suits us individually has always been the backbone of many bitcoin investors, some bitcoiners has learnt how to initiate the habit of talkless and do more, it is not all about how much we have rather it is about figuring out our discretionary income on daily, weekly and monthly based whichver way we chose so that we can invest with it smartly and much more consistently.

I have realized that some people are not ready to make sacrifice for the future, they are always concerned about the present there by forgetting to work  or lay foundation for the future, even when they have the finances to do so, bitcoin investment is a thing of the mind, even though are not sure of what's about to come in the future, history has given us hope that there will be light at the end of the tunnel.

[JayJuanGee]

Many folks end up figuring out how much they can invest on a regular basis (perhaps weekly?) and then just investing and building their bitcoin position over time, and it tends to take a decent amount of time to build up an investment so that later down the road the benefits of all that hard work, dedication and delayed gratification might have good chances of improving the guy's situation, even though such guarantee of improvement was not and is not present.

Some persons don't want to just start that has been a big problem but they are evenly ready to complain and feel bad when they see bitcoin price hit higher than it was when they were supposed to invest, trying to work out modalities on how to invest in bitcoin in whichever way that suits us individually has always been the backbone of many bitcoin investors, some bitcoiners has learnt how to initiate the habit of talkless and do more, it is not all about how much we have rather it is about figuring out our discretionary income on daily, weekly and monthly based whichver way we chose so that we can invest with it smartly and much more consistently.

No one wants to lose money, so sometimes it can be difficult to figure out an amount of money that is not going to cause the newbie bitcoin investor to get nervous while they are still studying bitcoin, whether that is $100 per week, $10 per week or some other amount that is going to be suitable for them to get started and to have some stake in the game but also to facilitate their continuing to learn whatever it is that they need to learn, and most likely the most important things to learn in the beginning relates to how much of a budget that they can dedicate to their early bitcoin buys, how are they going to source their bitcoin and then at some point they are likely going to need to figure out self-storage too, especially once their bitcoin starts to grow to higher amounts that might not be comfortable keeping with third-party exchanges (and there are a variety of reasons to at least keep some of their holdings in self-storage).

So maybe in the very beginning they have most of their bitcoin on exchanges  - where-ever they got their coins, yet if they bought directly from someone else, they likely would have had needed to set up some kind of a private wallet.

I have realized that some people are not ready to make sacrifice for the future, they are always concerned about the present there by forgetting to work  or lay foundation for the future, even when they have the finances to do so, bitcoin investment is a thing of the mind, even though are not sure of what's about to come in the future, history has given us hope that there will be light at the end of the tunnel.

There is a good practice of trying to save/invest around 10% or perhaps even more for the future, yet there are so many folks who have fallen out of such a habit since for 15 years or more interest rates for savings accounts have continued to come down, and there have frequently been dynamics worse in some countries as compared with other countries in which currencies don't hold value so there are incentives to spend it - especially since there is no place to put it, especially if we are talking about only around 10% or so of the income..

So bitcoin does give a place for people to put 10% or more of their income, yet they still have troubles figuring out some ways to be comfortable that they are not going to lose the value by putting it into bitcoin.  No one wants to seem like a loonie.. and they prefer safe places to put their money and where they perceive that it is not going to lose value... They also have trouble thinking 4-10 years or more into the future so that they can save/invest for 4-10 years into the future with something like bitcoin.  Normie newbies have mental hurdles to overcome if they are going to invest or save into bitcoin.