Buy Buy Buy or Sell Sell Sell?

[HajiBagi]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Bitcoin is very volatile; you can buy Bitcoin today, and the price can drop in the next few minutes. This doesn't mean you have lost the value of your Bitcoin or that the price will continue to fall and won't rise again. You have to understand volatility before investing in Bitcoin. If you don't understand it, you will always have problems with when to buy Bitcoin and when to sell. There is no perfect time to buy Bitcoin; you can always buy Bitcoin at any time, and if you do, you need to hold it for the long term. If you have made a good profit while holding, it is up to you to decide when to sell.

One of the major reasons why some people are scared of investing in bitcoin is because it is very volatile; this has been the reason why even when you introduce bitcoin to some people, even when they understand, they will not want to invest because they don't want to lose their money when investing; some people don't want to see what they invest their money on to be reducing in price, which is why some people still find it difficult to invest in bitcoin. There is nothing wrong with how bitcoin prices increase and fall, this is the nature of bitcoin, and if they continue to think about it, they will be unable to own a single bitcoin in the future.

One of the things needed before investing in bitcoin is trust and patience, as a beginner, if you don't trust what you are doing by investing in bitcoin, you will always doubt yourself and it will affect you; patience is very important in bitcoin because when the price drops, you will consider selling your bitcoin, which will affect your bitcoin journey. The most important thing to remember is that you should never use all of your savings to buy bitcoin in order to make a quick profit, instead, invest what you can afford and retain for a long time.

[Umulala-alala]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Bitcoin is very volatile; you can buy Bitcoin today, and the price can drop in the next few minutes. This doesn't mean you have lost the value of your Bitcoin or that the price will continue to fall and won't rise again. You have to understand volatility before investing in Bitcoin. If you don't understand it, you will always have problems with when to buy Bitcoin and when to sell. There is no perfect time to buy Bitcoin; you can always buy Bitcoin at any time, and if you do, you need to hold it for the long term. If you have made a good profit while holding, it is up to you to decide when to sell.

One of the major reasons why some people are scared of investing in bitcoin is because it is very volatile; this has been the reason why even when you introduce bitcoin to some people, even when they understand, they will not want to invest because they don't want to lose their money when investing; some people don't want to see what they invest their money on to be reducing in price, which is why some people still find it difficult to invest in bitcoin. There is nothing wrong with how bitcoin prices increase and fall, this is the nature of bitcoin, and if they continue to think about it, they will be unable to own a single bitcoin in the future.

One of the things needed before investing in bitcoin is trust and patience, as a beginner, if you don't trust what you are doing by investing in bitcoin, you will always doubt yourself and it will affect you; patience is very important in bitcoin because when the price drops, you will consider selling your bitcoin, which will affect your bitcoin journey. The most important thing to remember is that you should never use all of your savings to buy bitcoin in order to make a quick profit, instead, invest what you can afford and retain for a long time.

If they understand bitcoin investment then why are they scared about the volatile nature of bitcoin because they are to know that bitcoin price goes up and down, it is traders who are afraid of the ups and downs of bitcoin because they won't be hodling their bitcoin long and they will invest with money they can't afford to loss just to sell when the price increase.
If you are buying bitcoin with your discretionary income and plan to hodl for long there should not be any need getting scared to loss your money and also having concern about the price nature of bitcoin.

[Mr Reporter]

This thread is not about shitcoins or to ponder over which shitcoin might be less shitty.  You should try to stay on topic.  Bitcoin and shitcoins are different things, even though many shitcoins try to present themselves as being similar to bitcoin or better than bitcoin in some kind of way in order to get people to buy those inferior products.

Definitely he is messing around with the wrong thread, the funny part is that is talking about DYOR and still end up in shitcoin which should have ended in bitcoin. to me shitcoin are dead coin, and i still wonder why people give time to promote this dead coins, instead of promoting a potential asset like bitcoin they keep fucking around with shitcoin. coins that has no potential for long term value are being promoted why bitcoin which is the father of all that has proven itself worthy of investment for long term is being neglected. but however i dont blame such people who chose the wrong part, maybe they have no record of the past about this shitcoins. perhaps they will later come back crying maybe when bitcoin has become more expensive to afford a little fraction.

When someone like that did his own research and still end up investing in shit coin after seeing that they are not reliable like Bitcoin, it shows that they just loves gambling with their hard earned money nothing more, because no one will know of how risky shit coin are and still invest heavily in it.
Sometimes it's because of greed for 10x to 100x that is the cause of an investor, investing in shit coin after doing his own research about them, that's why I feel no pity for such people because they surely got what they deserve.

I think this is the part were Greed and Impatience pops out and promise of quick profits can lead investors to take unnecessary risks, potentially resulting in significant losses.

Personal Responsibility Investors should take responsibility for their decisions and be prepared for potential outcomes.

In few words It's very essential for investors to approach cryptocurrency investments with caution, thoroughly research potential investments, and set realistic expectations.

[HustleZ]

There is nothing wrong with how bitcoin prices increase and fall, this is the nature of bitcoin, and if they continue to think about it, they will be unable to own a single bitcoin in the future.

I agree with the part that patience is important and only investing what you can afford to lose is very important. Most users panic when there is a retracement or go all-in with their Savings and that usually ends badly.

But i might have to say that Volatility isnt some natural mystery of Bitcoin. It happens because Bitcoin's market is relatively smaller compared to traditional assets so liquidity is lower and speculation is higher. Since supply is fixed even small changes in demand can cause price swings. Over time as adoption grows and liquidity is relatively more Volatility should lessen and it should be more stable. But it will always remain at some degree.

So yes, Patience and Trust are key, but it is also important to understand why Bitcoin is volatile and what caused that price swing rather than just blindly believing that Bitcoin is naturally Volatile. The Knowledge about volatility will help an investor be Calm When the market moves.

[Zackz5000]

In few words It's very essential for investors to approach cryptocurrency investments with caution, thoroughly research potential investments, and set realistic expectations.

Stop using such vague word cryptocurrency here this is about Bitcoin we are talking about here so you don't get other mislead into investing in shitcoins or you can either be specific in your statement if you mean Bitcoin or shitcoins and stop using the term cryptocurrency in this thread, Bitcoin should be called Bitcoin or more understanding and shitcoins should also be called shitcoins if making references.

[Barikui1]

.

So yes, Patience and Trust are key, but it is also important to understand why Bitcoin is volatile and what caused that price swing rather than just blindly believing that Bitcoin is naturally Volatile. The Knowledge about volatility will help an investor be Calm When the market moves.

In as much as patience is very important in Bitcoin investment, I want you to take note that patience and trust alone is not enough for your investment in Bitcoin to stand strong as time passes by, because buying it is one thing, and holding it is another thing altogether, so in as much as you are patient with your Bitcoin investment, it's mandatory that you put down measures that will enable you to hold very strong regardless of whatsoever, because if you have no emergency and reserve funds in place to protect your Bitcoin investment in case of real life emergencies that may arise in the future, you will be powerless to hold unto your investment wether your patient with it or not, so putting down measures to safeguard your investment is even more important when investing in Bitcoin.

[ejikeme24]

[Edited out]

If you are willing to invest somewhere else besides Bitcoin investment, then you can invest in real estate. If you want to invest in any other type of currency besides Bitcoin investment, then it will never be right. You can invest in real estate along with Bitcoin. Because the risk in investing in real estate is very low, for example, if you buy a flat and if you rent it out, then you will get a good amount of money from your flat at the end of the month. But you have to see where you are buying a flat. For example, if you buy a flat outside the city, it will never be profitable for you, so you have to buy a flat inside the city.

What makes you think that the risk in real estate Business is very low? Seems you have not come across this thread where a man invested heavily in real estate. Immediately after he retired from his job, he invested his entire retirement benefits in real estate. And he kept expanding the business by building more houses,  he was going around to campaign that bitcoin investment is very risky. According to the story that There was a serous flood in the section of the country where he built those houses and destroyed lives and properties, The man lost about seven blocks of flats which is all he has in life. The houses were not issued, so he is totally broke.

Reference: https://asktom.cf/index.php?topic=5545664.msg65446265#msg65446265

That is to show that there is no Investment that has low level of risk, and in this sense I would say that bitcoin investment is less risky than real estate Business because if you store your assets in non custodial wallet and also keep your seed phrase tight and secured there is nothing to worry about.

[avp2306]

If you are willing to invest somewhere else besides Bitcoin investment, then you can invest in real estate. If you want to invest in any other type of currency besides Bitcoin investment, then it will never be right. You can invest in real estate along with Bitcoin. Because the risk in investing in real estate is very low, for example, if you buy a flat and if you rent it out, then you will get a good amount of money from your flat at the end of the month. But you have to see where you are buying a flat. For example, if you buy a flat outside the city, it will never be profitable for you, so you have to buy a flat inside the city.

What makes you think that the risk in real estate Business is very low? Seems you have not come across this thread where a man invested heavily in real estate. Immediately after he retired from his job, he invested his entire retirement benefits in real estate. And he kept expanding the business by building more houses,  he was going around to campaign that bitcoin investment is very risky. According to the story that There was a serous flood in the section of the country where he built those houses and destroyed lives and properties, The man lost about seven blocks of flats which is all he has in life. The houses were not issued, so he is totally broke.

Reference: https://asktom.cf/index.php?topic=5545664.msg65446265#msg65446265

That is to show that there is no Investment that has low level of risk, and in this case I would say that bitcoin investment is less risky than real estate Business because if you store your assets in non custodial wallet and also keep your seed phrase tight and secured there is nothing to worry about.

Everything has a risk and we cannot say that real estate posses less risk compare to Bitcoin.

They should remember that in real estate they need to have lots of money before they can invest on strategic properties. Not everyone have those huge amount that's why its feasible to small numbers of people only. Also there's huge risk that market demands drops. Also they cannot sell this asset as fast as they can that's why if they invest on properties there's a chance that their money will park for long time their.

Compare on Bitcoin on which they could invest with it any amount you can spend also what's really good about this asset is you can sell it anytime you want and this makes one factor that Bitcoin is great investment to choose.

[HausaBitCkk]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Bitcoin is very volatile; you can buy Bitcoin today, and the price can drop in the next few minutes. This doesn't mean you have lost the value of your Bitcoin or that the price will continue to fall and won't rise again. You have to understand volatility before investing in Bitcoin. If you don't understand it, you will always have problems with when to buy Bitcoin and when to sell. There is no perfect time to buy Bitcoin; you can always buy Bitcoin at any time, and if you do, you need to hold it for the long term. If you have made a good profit while holding, it is up to you to decide when to sell.

When an investor understands these volatility issues, he will definitely be able to hold Bitcoin for the long term. To achieve success from Bitcoin investment, one must first change one's mindset, since it is a volatile asset, so to hold the investment effectively here, one must prepare a mindset to avoid volatility. Bitcoin never dumps permanently, it dumps for a short period of time due to volatility, so it is not a matter of panic, but if someone does not understand this, then he can easily panic at such times and put Bitcoin investment at risk by making wrong decisions. Therefore, it is definitely necessary to gain general knowledge about Bitcoin so that at least one can understand this volatility and never make the wrong decision to sell the investment.

I agree with you, you are not behind in investing but you have come now. This is for newbies because new investors think they are behind in the present and on the other hand they may also think that a lot of money is needed to invest so they may fail even if they try now, but if you start from now with a source of income from which you meet all the needs of your family and use the remaining money using the DCA strategy and gradually invest weekly and monthly, you will see your investment grow, so even if the present time to invest seems small to you, it will take a much bigger form in the future, if you buy consistently,

[Bluedrem]

This thread is not about shitcoins or to ponder over which shitcoin might be less shitty.  You should try to stay on topic.  Bitcoin and shitcoins are different things, even though many shitcoins try to present themselves as being similar to bitcoin or better than bitcoin in some kind of way in order to get people to buy those inferior products.

Where is Bitcoin and where is Sheetcoin 😃
Bitcoin is like the Tulsi plant (Ocimum sanctum) which, if taken care of, will be of great use to us in the future. Just as the Tulsi plant is useful to us for future protection, Bitcoin is useful for our financial security. That is, Bitcoin keeps our assets safe.
On the other hand, Sheetcoin is like the Castor Bean (Ricinus communis) which can harm us at any time if we have it. That is, no matter how much money we deposit in Sheetcoin, it is at the highest risk. Speaking from real experience, I initially invested several times in some Sheetcoins due to the temptation of abnormal price increases, but they could not give me anything but disappointment. Just as gambling puts our money at risk, I feel that Sheetcoin puts our money at risk no less than that.
Bitcoin is thousands of times better than other cryptocurrencies. While Bitcoin is currently considered to be much better than gold, comparing Bitcoin to other coins is also foolish. There are still many people who do not understand this simple fact.

[Kelward]

This thread is not about shitcoins or to ponder over which shitcoin might be less shitty.  You should try to stay on topic.  Bitcoin and shitcoins are different things, even though many shitcoins try to present themselves as being similar to bitcoin or better than bitcoin in some kind of way in order to get people to buy those inferior products.

Definitely he is messing around with the wrong thread, the funny part is that is talking about DYOR and still end up in shitcoin which should have ended in bitcoin. to me shitcoin are dead coin, and i still wonder why people give time to promote this dead coins, instead of promoting a potential asset like bitcoin they keep fucking around with shitcoin. coins that has no potential for long term value are being promoted why bitcoin which is the father of all that has proven itself worthy of investment for long term is being neglected. but however i dont blame such people who chose the wrong part, maybe they have no record of the past about this shitcoins. perhaps they will later come back crying maybe when bitcoin has become more expensive to afford a little fraction.

When someone like that did his own research and still end up investing in shit coin after seeing that they are not reliable like Bitcoin, it shows that they just loves gambling with their hard earned money nothing more, because no one will know of how risky shit coin are and still invest heavily in it.
Sometimes it's because of greed for 10x to 100x that is the cause of an investor, investing in shit coin after doing his own research about them, that's why I feel no pity for such people because they surely got what they deserve.

I have to thank the first guy that thought of naming these worthless coins as "shitcoins"I don't see a better name for them. It's a pity that Bitcoin has to share the same acronym as a cryptocurrency, shitcoins have almost reduced the name to ruins. That is why we have Bitcoin as an entity and King of cryptocurrency then the rest are categorized as altcoins. I like that this thread is specifically about buy or sell of Bitcoin and that is how it should be, adding any discussions about shitcoins is a distraction. Bitcoin is the only crypto that has proven it's reputation that it has the potentials to always reach ATH, no other shitcoins comes near it's market cap.

[YOSHIE]

invest with money they can't afford to loss just to sell when the price increase.
If you are buying bitcoin with your discretionary income and plan to hodl for long there should not be any need getting scared to loss your money and also having concern about the price nature of bitcoin.

The case should be, but most people in the panic market, that is what affects their situation and way of thinking, the most dangerous risk of investment or trade in the ears by friends or people closest to, that's a fact that often occurs.
Example:
You bought Bitcoin today at $ 100k, you have a long speculation for your investment, but when the price of Bitcoin drops to $ 90k is held 1-2 weeks, That's when the whisper comes and you shake and panic, actually you already have your best speculation, but you panic and sell it, it often happens.

So strong determination is very important if it has entered the crypto market, if our weak mentality is always in loss, the crypto world is challenging, but has a soft nature.

[Alonso_]

You are right that the crypto market is volatile and perfectly timing the market is almost impossible. For example, in late 2017, the value of Bitcoin spiked to almost 20000 and then plummeted to around 3000 over the next year, giving an idea of how unpredictable these short-term movements can be. Using Dollar-Cost Averaging can help address these swings and take some of the stress of trying to buy at the "perfect" moment. That being said, trying to concentrate solely on Bitcoin does carry a degree of risk, and having a smaller portion in other reliable assets can provide an added layer of safety. The big lesson here is to invest consistently, be patient and don't fret over short term price movements.

If you are willing to invest somewhere else besides Bitcoin investment, then you can invest in real estate. If you want to invest in any other type of currency besides Bitcoin investment, then it will never be right. You can invest in real estate along with Bitcoin. Because the risk in investing in real estate is very low, for example, if you buy a flat and if you rent it out, then you will get a good amount of money from your flat at the end of the month. But you have to see where you are buying a flat. For example, if you buy a flat outside the city, it will never be profitable for you, so you have to buy a flat inside the city.

A new person will be scared, this is very normal. Because a new person has never gone through such a situation before. If a new person goes through a downturn, then he will not be so scared. With time, he will learn a lot and gain experience, but first he has to start investing.

When you are talking about diversification, do you mean that real estate is just the only possible means of investment that you think it’s best for making a good fortune like you have said, I think there is gold as well when you’re making investments choices, but I think that now at this stage of my investment process that I’m premature in my bitcoin investment journey, it will be more better for me to focus on my Bitcoin investments and also trying to increase my level of discretionary amount, so I could be able to keep buying and accumulating more bitcoin, some of this business of real estate that you mentioned aren’t a guarantee of having a successful investment, but I must tell you that it’s better you focus on buying and accumulating bitcoin instead of buying this properties.

[sotelorene]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Bitcoin is very volatile; you can buy Bitcoin today, and the price can drop in the next few minutes. This doesn't mean you have lost the value of your Bitcoin or that the price will continue to fall and won't rise again. You have to understand volatility before investing in Bitcoin. If you don't understand it, you will always have problems with when to buy Bitcoin and when to sell. There is no perfect time to buy Bitcoin; you can always buy Bitcoin at any time, and if you do, you need to hold it for the long term. If you have made a good profit while holding, it is up to you to decide when to sell.

When an investor understands these volatility issues, he will definitely be able to hold Bitcoin for the long term. To achieve success from Bitcoin investment, one must first change one's mindset, since it is a volatile asset, so to hold the investment effectively here, one must prepare a mindset to avoid volatility. Bitcoin never dumps permanently, it dumps for a short period of time due to volatility, so it is not a matter of panic, but if someone does not understand this, then he can easily panic at such times and put Bitcoin investment at risk by making wrong decisions. Therefore, it is definitely necessary to gain general knowledge about Bitcoin so that at least one can understand this volatility and never make the wrong decision to sell the investment.

I agree with you, you are not behind in investing but you have come now. This is for newbies because new investors think they are behind in the present and on the other hand they may also think that a lot of money is needed to invest so they may fail even if they try now, but if you start from now with a source of income from which you meet all the needs of your family and use the remaining money using the DCA strategy and gradually invest weekly and monthly, you will see your investment grow, so even if the present time to invest seems small to you, it will take a much bigger form in the future, if you buy consistently,

It is always better than starting small than never to start at all because there is always a big difference and the moment one start small and as time goes by they will began to grow and increase because they will be gaining insight and their thinking will be different unlike when they first started that is what we call progress. But if you don't start at all you won't be able to notice these things I'm talking about because you are not in the field because only people in the field knows what happen there, we don't need to start big but we ought to grow after starting small and the most important is to hold for long.

[Lolipo]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Bitcoin is very volatile; you can buy Bitcoin today, and the price can drop in the next few minutes. This doesn't mean you have lost the value of your Bitcoin or that the price will continue to fall and won't rise again. You have to understand volatility before investing in Bitcoin. If you don't understand it, you will always have problems with when to buy Bitcoin and when to sell. There is no perfect time to buy Bitcoin; you can always buy Bitcoin at any time, and if you do, you need to hold it for the long term. If you have made a good profit while holding, it is up to you to decide when to sell.

When an investor understands these volatility issues, he will definitely be able to hold Bitcoin for the long term. To achieve success from Bitcoin investment, one must first change one's mindset, since it is a volatile asset, so to hold the investment effectively here, one must prepare a mindset to avoid volatility. Bitcoin never dumps permanently, it dumps for a short period of time due to volatility, so it is not a matter of panic, but if someone does not understand this, then he can easily panic at such times and put Bitcoin investment at risk by making wrong decisions. Therefore, it is definitely necessary to gain general knowledge about Bitcoin so that at least one can understand this volatility and never make the wrong decision to sell the investment.

I agree with you, you are not behind in investing but you have come now. This is for newbies because new investors think they are behind in the present and on the other hand they may also think that a lot of money is needed to invest so they may fail even if they try now, but if you start from now with a source of income from which you meet all the needs of your family and use the remaining money using the DCA strategy and gradually invest weekly and monthly, you will see your investment grow, so even if the present time to invest seems small to you, it will take a much bigger form in the future, if you buy consistently,

It is always better than starting small than never to start at all because there is always a big difference and the moment one start small and as time goes by they will began to grow and increase because they will be gaining insight and their thinking will be different unlike when they first started that is what we call progress. But if you don't start at all you won't be able to notice these things I'm talking about because you are not in the field because only people in the field knows what happen there, we don't need to start big but we ought to grow after starting small and the most important is to hold for long.

Exactly but that shouldn't just discourage us from buying, the worst risk is not taking risk at all, Bitcoin investment is very good and I must say that Bitcoin investment is best now considering the rate at which dollar is skyrocketing now.

[Joeboy]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Bitcoin is very volatile; you can buy Bitcoin today, and the price can drop in the next few minutes. This doesn't mean you have lost the value of your Bitcoin or that the price will continue to fall and won't rise again. You have to understand volatility before investing in Bitcoin. If you don't understand it, you will always have problems with when to buy Bitcoin and when to sell. There is no perfect time to buy Bitcoin; you can always buy Bitcoin at any time, and if you do, you need to hold it for the long term. If you have made a good profit while holding, it is up to you to decide when to sell.

When an investor understands these volatility issues, he will definitely be able to hold Bitcoin for the long term. To achieve success from Bitcoin investment, one must first change one's mindset, since it is a volatile asset, so to hold the investment effectively here, one must prepare a mindset to avoid volatility. Bitcoin never dumps permanently, it dumps for a short period of time due to volatility, so it is not a matter of panic, but if someone does not understand this, then he can easily panic at such times and put Bitcoin investment at risk by making wrong decisions. Therefore, it is definitely necessary to gain general knowledge about Bitcoin so that at least one can understand this volatility and never make the wrong decision to sell the investment.

I agree with you, you are not behind in investing but you have come now. This is for newbies because new investors think they are behind in the present and on the other hand they may also think that a lot of money is needed to invest so they may fail even if they try now, but if you start from now with a source of income from which you meet all the needs of your family and use the remaining money using the DCA strategy and gradually invest weekly and monthly, you will see your investment grow, so even if the present time to invest seems small to you, it will take a much bigger form in the future, if you buy consistently,

It is always better than starting small than never to start at all because there is always a big difference and the moment one start small and as time goes by they will began to grow and increase because they will be gaining insight and their thinking will be different unlike when they first started that is what we call progress. But if you don't start at all you won't be able to notice these things I'm talking about because you are not in the field because only people in the field knows what happen there, we don't need to start big but we ought to grow after starting small and the most important is to hold for long.

Exactly but that shouldn't just discourage us from buying, the worst risk is not taking risk at all, Bitcoin investment is very good and I must say that Bitcoin investment is best now considering the rate at which dollar is skyrocketing now.

Discretionary Income+ Backup/Emergency Funds= A good and long lasting Bitcoin Investment....... A lot of person keep on believing and waiting for the perfect time to buy Bitcoin, but honestly there is no perfect time. The more one holds that mentality(of a perfect time be it now or before), he/she will continue to postpones and as such keep missing out. If one has his Discretionary Income + Backup Funds at his disposal, honestly there is no point waiting or talking about the perfect time coz there isn't....The smarter approach is to use your discretionary income to invest while still having your backup fund. Having this combo will make your investment journey very smooth and then removes the pressure of you selling off your holdings to settle any kind of emergency situation.

[Merit.s]

In few words It's very essential for investors to approach cryptocurrency investments with caution, thoroughly research potential investments, and set realistic expectations.

We are not talking about shitcoins but bitcoin and don't use words to compare bitcoin and shitcoins because they are not the same and will never be the same in life. Shitcoins are created to scam people but bitcoin was created to give your financial freedom from government fiat entrapment. Bitcoin is a store of value overtime and a hedge of inflation which is the main reason why you should be specific with the world bitcoin because shitcoin is the opposite of bitcoin.

. I like that this thread is specifically about buy or sell

I believe that we hardly talk about selling in this thread but only buying and hodli for the future because bitcoin is worth piling up gradually through regular DCA accumulation than mere buying and selling. Buying and selling thread belongs to the trading discussion board. This thread is strictly on how to build and grow your bitcoin investment for the future. An investor in his accumulation stage should only think of selling when he has reached his over accumulation stage.

If one has his Discretionary Income + Backup Funds at his disposal, honestly there is no point waiting or talking about the perfect time

It's not a most to have your emergency funds and other backup funds available before you can start your bitcoin investment. You only need your discretionary income to get started and build your emergency funds simultaneously with your bitcoin investment when you have started buying bitcoin. Instead of waiting to build your backup funds, you should get started immediately because waiting is a wrong strategy and you will end up acquiring little bitcoin expensively compared to when you start right away without your emergency funds.

[MusaPk]

Long-term Bitcoin holding always gives people the greatest chance of success, so investing according to a 5 to 10 year plan will give you a very good chance of success, but to sustain this investment in the long term, people will always have to face difficult situations, so it should never be seen as easy, it is more difficult than people expect, especially for those who decide to invest in Bitcoin without any emergency fund due to their self-confidence, this can really lead to a terrible situation, and this is why it is essential to prepare an emergency fund if you want to hold Bitcoin effectively in the long term, having an emergency fund reduces the mental stress in investing a lot, because you do not have to sell Bitcoin suddenly, and as a result, no matter what situation arises, your Bitcoin investment will not be threatened in any way.

Easier said than done, we first have to generate money that goes into emergency funds. If you are doing job only then your salary will be used for daily living while with discretionary income one can generate emergency funds and also allocate capital for Bitcoin investment. The discretionary income will kill two birds with one stone i.e. it will give you emergency funds that gives you peace of mind that you have money to deal with any situation and it will also help you in accumulating Bitcoins that you can retain for 5 years or more. 

[IceLincoln]

That being said, trying to concentrate solely on Bitcoin does carry a degree of risk, and having a smaller portion in other reliable assets can provide an added layer of safety. The big lesson here is to invest consistently, be patient and don't fret over short term price movements.

Dareo I don’t understand this advice or suggestion you’re trying to make here, Are you hinting on investing in Altcoins and shitcoins as a way of providing safety to your bitcoin investments?. Concentrating solely on bitcoin isn’t such a bad thing and the risk is still minimal at worst so Long as it’s a long term investment. You make it sound like bitcoin investment can’t stand on its own and needs other investments to balance it and this idea is totally wrong, you don’t need any additional investments to act as your safety net while investing in bitcoin so long as you’re doing it right ,and if you’ve been following this thread you’ll know how best to go about your bitcoin investments.

[Proty]

This thread is not about shitcoins or to ponder over which shitcoin might be less shitty.  You should try to stay on topic.  Bitcoin and shitcoins are different things, even though many shitcoins try to present themselves as being similar to bitcoin or better than bitcoin in some kind of way in order to get people to buy those inferior products.

Definitely he is messing around with the wrong thread, the funny part is that is talking about DYOR and still end up in shitcoin which should have ended in bitcoin. to me shitcoin are dead coin, and i still wonder why people give time to promote this dead coins, instead of promoting a potential asset like bitcoin they keep fucking around with shitcoin. coins that has no potential for long term value are being promoted why bitcoin which is the father of all that has proven itself worthy of investment for long term is being neglected. but however i dont blame such people who chose the wrong part, maybe they have no record of the past about this shitcoins. perhaps they will later come back crying maybe when bitcoin has become more expensive to afford a little fraction.

When someone like that did his own research and still end up investing in shit coin after seeing that they are not reliable like Bitcoin, it shows that they just loves gambling with their hard earned money nothing more, because no one will know of how risky shit coin are and still invest heavily in it.
Sometimes it's because of greed for 10x to 100x that is the cause of an investor, investing in shit coin after doing his own research about them, that's why I feel no pity for such people because they surely got what they deserve.

The  reason why most person like to invest in shitcoin instead bitcoin is because of greed. This set of person are motivated or moved by short term profit and bitcoin is not the kind of project were one will put his or her money then in the next month they are already in big profits.so as a result of greed they will not see the risk they exposing there income to. There are people with the mindset that bitcoin has passed the stage were it will favours new investors so there choice will be to go for shitcoin which they believe they can be able to cash out big profit within a short time.