Buy Buy Buy or Sell Sell Sell?

[Zackz5000]

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

I don't think the mentality of selling Bitcoin after the price increases has anything to do with long-term investment. Because the price of Bitcoin can increase a lot even within 1 year. This does not mean that you have to sell Bitcoin if the price increases within 1 year. This can never be a long-term investment strategy. The price of Bitcoin fluctuates a lot, but after a long time, its price becomes several times higher. That time should be 4 to 10 years or more. As a result, real profits can be made by investing in Bitcoin. Therefore, it is necessary to get out of this mentality of selling only when the price increases and follow the complementary approach that should be adopted to continue investing effectively for 4 to 10 years.

Selling your Bitcoin when the price increases is never a long-term investment, for me, you invested to make a quick profit, a good investor will not decide to sell his bitcoin because of the price increase, when we talk about long-term investment, it means having the mind to hold your bitcoin for a long time even when the price increases without thinking of selling it, for me, four years is too short for a long-term investment, at least 6 to 10 years is good, there are people who have been holding bitcoin for more than 6 to 7 years and have not regretted it because they trust in what they are holding and how it will benefit them in the future.

You can't say that selling your Bitcoin investment when the price increase is never a long time investment, it's not every body who sell when the price increase that is a trader chasing quick profit instead of hodling for long, there are investors who has been accumulating and holding Bitcoin for years now maybe more than 10 years can decide to sell little part of their Bitcoin hodling when there is an increase in price you wouldn't call that short time because he sold when the price increase you don't know how long he has been accumulating and holding Bitcoin, it is only bad for new investors to sell when the price increase because as a new investor your biggest concern should be how you can be accumulating more Bitcoin and HODL for 4-10.

[Lembo69]

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. 

You are right about long term holding, the issue is cash flow always. It is almost impossible to save an emergency fund and a Bitcoin position without discretionary income. Overcommitted early investors without a buffer like that tend to panic-sell during dips and lose year-long gains. The easiest way will be to initially fund 3-6 months of expenses and then progressively invest remaining discretionary funds in Bitcoin. I believe that patience and planning are more important than hurry to purchase.

You might actually want to do it in a gradual process, starting and investing in bitcoin doesn’t really have a problem with cash flow instead with a discretionary income, because you can only invest with your discretionary income, if you don’t have a discretionary income you can’t start an investment, that means if you are able to have an income then a discretionary you can’ possibly start investing, at some point if you choose investing outside your discretionary income I believe that would definitely become a problem at some point, and you don’t have to immediately start having an emergency fund, and at some point we can also have to start working on our cash flow as well and increase our discretionary amount.

To start Bitcoin, it is essential to have a discretionary income. Because if you invest with the money with which you meet your daily needs, how will you meet your needs? Invest with the money that you can afford, market, current bills, house renovation, etc. Invest from the money that is left over. Suppose there is no money left after meeting your daily needs. In that case, make it a source of immediate income. And make yourself worthy by focusing on your work. When you have a discretionary income, start investing.

While investing, never invest with money that is essential for your livelihood. Invest some money that will not come in handy easily. And also try to keep an emergency fund. So that you do not lose your investment.

[HausaBitCkk]

If you decide to sell after buying Bitcoin and get a slight price increase, you will never be a holder and this kind of behavior definitely refers to short-term trading, which is definitely one of the reasons for the loss of Bitcoin. If you are a short-term trader, you will lose and if you are a long-term investor, especially if you can hold your coins for 4-10 years, then the chances of profit will be much higher. Bitcoin can never guarantee profit, but if someone can hold it and accumulate regularly, it is possible to get several times the return on investment. The current price of bitcoin 110000 but it is still good time to invest in Bitcoin, only long-term holding should be given importance.

Even if the price of Bitcoin increases further, it will be a very good investment opportunity.

Those who invest in Bitcoin for the long term never worry about the price. Short-term investors and traders are the ones who worry about the price of Bitcoin. When the price drops, they try to buy and sell at a higher price, but they lose money again and again. Because no one knows when the price of Bitcoin will increase or decrease. Short-term investors invest aggressively. They do not have any funds to meet their daily needs. As a result, they sell Bitcoin at a loss.

They repeatedly suffer big losses in the hope of small profits.

Short-term investors or traders take a huge risk in the hope of quick profits. On the other hand, they invest without creating enough savings and get scared when they see the price of Bitcoin fluctuating and think that this is the end or all. As a result, they sell Bitcoin, due to which they start losing money. On the other hand, many new investors who wait for the perfect time to invest, but none of us can say for sure the future price of Bitcoin, and many try to buy Bitcoin at the lowest and sell it at the highest but in reality it is not possible, but if they are patient, emergency funds on the other hand use the DCA strategy with their discretionary income to hold Bitcoin investments for the next 6-7 years so that you can also be one of the beneficiaries, because those who have been patient and able to complete the long-term by investing in Bitcoin in the past have made high profits in the present, but this is still continuing, so you can also start from the present. You just have to be aware of the present because it is better to start from the present than to regret in the future.

[Loyang]

Short-term investors or traders take a huge risk in the hope of quick profits. On the other hand, they invest without creating enough savings and get scared when they see the price of Bitcoin fluctuating and think that this is the end or all. As a result, they sell Bitcoin, due to which they start losing money. On the other hand, many new investors who wait for the perfect time to invest, but none of us can say for sure the future price of Bitcoin, and many try to buy Bitcoin at the lowest and sell it at the highest but in reality it is not possible, but if they are patient, emergency funds on the other hand use the DCA strategy with their discretionary income to hold Bitcoin investments for the next 6-7 years so that you can also be one of the beneficiaries, because those who have been patient and able to complete the long-term by investing in Bitcoin in the past have made high profits in the present, but this is still continuing, so you can also start from the present. You just have to be aware of the present because it is better to start from the present than to regret in the future.

Your comment is very vague. Short term investors or businesses always invest for a very short period of time. Short term investors never save. They buy with a certain amount of money and when they get a small amount of profit, they immediately sell their holdings. Short term investments are very risky. It is never good to invest in short term. The possibility of losing your money in short term investments is very high.

A person loses more money than he earns by investing in short term. But this is not the case in long term investments. Long term investments are. Keeping your investment period for a long time like 5 to 10 years is your investment period. First you need to know the basic knowledge about Bitcoin and have a source of discretionary income. If you have these 2 things then you can start investing. DCA method is the best and easiest investment method for investment. Continue to make purchases consistently using your discretionary income, using the DCA method, until your portfolio building goals are met.

[POPOLUV]

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.

I agree with you, it’s not a must to have an emergency fund before starting an investment. That’s where many people get it wrong. They assume that because Bitcoin is always changing in price, they must first have an emergency fund before beginning their journey. But it doesn’t really work that way, what is more important is having discretionary income, so we can keep investing regularly. If we wait until everything is perfect, we may end up buying at an even higher price.

It’s not about starting perfectly, it’s about starting somewhere, from there we can gradually build an emergency fund while still accumulating Bitcoin. If we overthink the price and delay because we want backup funds first, we might miss opportunities. Nobody knows whether the price will dip or rise tomorrow, so the best method is to start with what we can and grow gradually as you’re investing.

That is just it because i don't know why so many of is still having the mindsets of having or building  up emergency fund first before investing into Bitcoin, it is very clear that once you start accumulating your Bitcoin portfolio using DCA strategy or any others method which might be best to you that waiting till when you might have emergency fund before investing, this impression is totally wrong and there is always needs to correct such impression of having an emergency fund first, rather what you should thinking of investing aggressively providing you have the discretionary income that motivate you from buying as you can.

[Futurexxx]

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While investing, never invest with money that is essential for your livelihood. Invest some money that will not come in handy easily. And also try to keep an emergency fund. So that you do not lose your investment.

Sometimes mostly Bitcoin investors get carried away and invest aggressively with money meant for one or two of their basic needs, and when the needs arise to use the money for what it was intended for, they sell off their Bitcoin or temper with it just to address that pressing basic needs, and that's a terrible way to invest in Bitcoin, that's why it's mostly emphasize by sir jayjuangee that buying or investing in Bitcoin aggressively is not a bad practice, it's actually a good thing to do especially if you are seriously lacking behind in your accumulation journey, but in any purchase you do, make sure it's within the confinement of your discretionary income, and if you can invest or buy aggressively within your discretionary income, you will be fine.
It's only when you invest outside your discretionary income that their will be problem, so in all we do, we should not invest with money meant for any of  our basic needs because it's like making a chicken your friend, one day you will sure eat it.

[jems]

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While investing, never invest with money that is essential for your livelihood. Invest some money that will not come in handy easily. And also try to keep an emergency fund. So that you do not lose your investment.

Sometimes mostly Bitcoin investors get carried away and invest aggressively with money meant for one or two of their basic needs, and when the needs arise to use the money for what it was intended for, they sell off their Bitcoin or temper with it just to address that pressing basic needs, and that's a terrible way to invest in Bitcoin, that's why it's mostly emphasize by sir jayjuangee that buying or investing in Bitcoin aggressively is not a bad practice, it's actually a good thing to do especially if you are seriously lacking behind in your accumulation journey, but in any purchase you do, make sure it's within the confinement of your discretionary income, and if you can invest or buy aggressively within your discretionary income, you will be fine.
It's only when you invest outside your discretionary income that their will be problem, so in all we do, we should not invest with money meant for any of  our basic needs because it's like making a chicken your friend, one day you will sure eat it.

It depends on how responsible we are in maintaining our investments. A commitment must be made not to disrupt our investments, regardless of any pressing circumstances. However, solutions can certainly be found without disrupting them.
I've experienced something like this before, when I was too aggressive in expanding my portfolio, which impacted my finances. However, I firmly and responsibly resolved all those issues without disrupting my investments. So, what's important is simply taking responsibility for our actions.

[ejikeme24]

Selling your Bitcoin when the price increases is never a long-term investment, for me, you invested to make a quick profit, a good investor will not decide to sell his bitcoin because of the price increase, when we talk about long-term investment, it means having the mind to hold your bitcoin for a long time even when the price increases without thinking of selling it, for me, four years is too short for a long-term investment, at least 6 to 10 years is good, there are people who have been holding bitcoin for more than 6 to 7 years and have not regretted it because they trust in what they are holding and how it will benefit them in the future.

You can't say that selling your Bitcoin investment when the price increase is never a long time investment,

I think it all depends on the time you start making the HODLin if it is 6 to 7 months for example and you experience a massive increase in the price and start attempting to take advantage by selling your holdings to take profit you won't be considered as investor but a trader. Every investors is supposed to HODL thier bitcoin for 4-5 years before attempting to sell, even though some guys will not be patient enough to HODL thier bitcoin till this time maybe a year and 10 months and start feeling that they have get to a point where they should be attempting to sell. some investors can intend to hold their bitcoin for 6-7 months maybe when they see that they're in profit they start selling thier holdings but that does not make you a real investor, A real investor would want to complete the circle of 4-5 years before attempting to sell some portion of thier holdings.

there are investors who has been accumulating and holding Bitcoin for years now maybe more than 10 years can decide to sell little part of their Bitcoin hodling when there is an increase in price you wouldn't call that short time because he sold when the price increase you don't know how long he has been accumulating and holding Bitcoin,

10 years is such a huge distance, I'm sure that they must have sold some portions of thier holdings early before then. Surely once you get to these extent you're free to sell little by Little and allow it to compound upon itself or better still you keep accumulating more bitcoin that's if you have not reach the status of overaccumulation.

[Kaliandra]

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.

I agree with you, it’s not a must to have an emergency fund before starting an investment. That’s where many people get it wrong. They assume that because Bitcoin is always changing in price, they must first have an emergency fund before beginning their journey. But it doesn’t really work that way, what is more important is having discretionary income, so we can keep investing regularly. If we wait until everything is perfect, we may end up buying at an even higher price.

It’s not about starting perfectly, it’s about starting somewhere, from there we can gradually build an emergency fund while still accumulating Bitcoin. If we overthink the price and delay because we want backup funds first, we might miss opportunities. Nobody knows whether the price will dip or rise tomorrow, so the best method is to start with what we can and grow gradually as you’re investing.

It is absolutely true that discretionary income is the most important factor because, of course, if we have discretionary income, we will feel comfortable starting to buy BTC without having to have emergency funds first. Because, of course, if we start immediately while gradually accumulating emergency funds over time, that is definitely a good step.

Investing in BTC is indeed very easy, as the most important thing is to start. The mistake in investing in BTC is buying it with borrowed money. However, what must be done is to hold onto BTC firmly and be patient when holding it. Holding BTC for the long term is certainly not easy because the challenges are significant. But if we invest correctly as you mentioned, we have the potential to succeed in investing in BTC. 

[Creeper0]

It depends on how responsible we are in maintaining our investments. A commitment must be made not to disrupt our investments, regardless of any pressing circumstances. However, solutions can certainly be found without disrupting them.
I've experienced something like this before, when I was too aggressive in expanding my portfolio, which impacted my finances. However, I firmly and responsibly resolved all those issues without disrupting my investments. So, what's important is simply taking responsibility for our actions.

You mentioned strong determination, which is not present in everyone and it is not possible for everyone to remain firm in their commitment even in times of need. If you can take the right steps and work hard while remaining steadfast in your goal, then you can also cut mountains and pave the way. But how many such people will you find?

Your patience seems quite strong and you can control yourself at every moment, due to which you can find a solution without disrupting your investment even in times of need. But this is not possible for everyone.

This will be possible and easy for everyone only when you have prior steps to deal with or solve urgent moments, i.e. backup funds. I think it is better to be smart and hardworking than just hardworking. Because it will reduce your labor and solve the problem faster and easier. Being responsible is a positive aspect, making that responsibility easier when you work intelligently and you have prior plans and prior steps.

[Finebone]

You mentioned strong determination, which is not present in everyone and it is not possible for everyone to remain firm in their commitment even in times of need.

We all know that determination is very important for anyone to succeed in what ever he or she wishes to do, but if you are doing it the wrong way, your determination is a waste because you will not get the desired result you wishes for.

Your patience seems quite strong and you can control yourself at every moment, due to which you can find a solution without disrupting your investment even in times of need.

just as I have already said, if you equally have the patience needed for your investment but you are not doing the right thing, you will not get a good result from your bitcoin investment, because patience alone is not enough while investing in bitcoin because you need to have an emergency and reserve funds in place so that if any emergencies arises, you wouldn't have to temper with your holdings, but if you don't have them in place and it's only your patience that is present, you will be forced to sell even in a loss because their is no measures in place to safeguard your bitcoin investment.

[Jostern]

No you don't.  If you want to invest in bitcoin all you need is to have income that is greater than your expenses.  Now if you want to continue to buy beyond the first purchase and/or you want to hang onto your bitcoin and not end up spending it to cover your future expenses, then you have to have enough income or savings to be able to pay for your future expenses.

Keep in mind there is one point in time in which anyone might buy bitcoin and expect to be able to continue to hold the bitcoin and to buy more bitcoin in the future, yet the future is not completely known.  Each of us might strive to keep our job or we might strive to control our expenses and/or to otherwise manage our cashflow with back up funds, but if we end up having future expenses that are greater than our income and we deplete our various forms of savings and/or back up funds, we may well end up having to spend our bitcoin at a time that is not completely of our own choosing.

You’re absolutely right, There is every tendency that if we are able to have an income that is greater than our expenses we should have a left over money which we can always refer as our discretionary income which is the best possible means of investing into Bitcoin, because we wouldn’t want a situation were we don’t have enough money to pay our bill and for our expenses, then there is also every tendency that we might not have a means of investing into Bitcoin, because if we end up using money meant for our expenses to invest in Bitcoin, I must say that is a bad bitcoin investment approach and we might still end up using our Bitcoin to pay for our expenses, that is why it’s more ideal to create discretionary income for Bitcoin investment, so we would wants to have other plans in place should our expenses increase while we are still in our accumulation phase.

Perhaps we would always try to create other opportunities for financial enablement, and also trying to have different types of cash flow as time passes, because there is a tendency that our expenses might increase as time goes along, what can we do, we might not be able to deal with our present income and we would wants to devise other means of generating revenue for paying our expenses so we probably wouldn’t have to fall back to our bitcoin investment, we might also want to exercise our savings and reserved funds and also have to generate other streams of income to be able to sustain our financial enablement while we also try to buy and accumulate more bitcoin which is a primary goal of everyone who is buying and holding bitcoin for a long term purpose, if we eventually have this process in mind we might end up avoiding whatever that will push us to fallback to our Bitcoin investment, instead we would eventually increase our discretionary income to buy and accumulate more bitcoin into our portfolio.

[ultrloa]

You mentioned strong determination, which is not present in everyone and it is not possible for everyone to remain firm in their commitment even in times of need.

We all know that determination is very important for anyone to succeed in what ever he or she wishes to do, but if you are doing it the wrong way, your determination is a waste because you will not get the desired result you wishes for.

Your patience seems quite strong and you can control yourself at every moment, due to which you can find a solution without disrupting your investment even in times of need.

just as I have already said, if you equally have the patience needed for your investment but you are not doing the right thing, you will not get a good result from your bitcoin investment, because patience alone is not enough while investing in bitcoin because you need to have an emergency and reserve funds in place so that if any emergencies arises, you wouldn't have to temper with your holdings, but if you don't have them in place and it's only your patience that is present, you will be forced to sell even in a loss because their is no measures in place to safeguard your bitcoin investment.

I believe if we have this the chances to succeed is so high.

Clear purpose
Discipline over drama
Patience with volatility
Self custody and security.

Compare if we only have discipline since not every time we can handle that since there's always some test of patience would come especially that market is volatile. Proper preparation towards continues learning then have consistency on our accumulation is also needed so that we can gain some possible good profits on Bitcoin for span of 4 - 10 years.

[Gallar]

Selling your Bitcoin when the price increases is never a long-term investment, for me, you invested to make a quick profit, a good investor will not decide to sell his bitcoin because of the price increase, when we talk about long-term investment, it means having the mind to hold your bitcoin for a long time even when the price increases without thinking of selling it, for me, four years is too short for a long-term investment, at least 6 to 10 years is good, there are people who have been holding bitcoin for more than 6 to 7 years and have not regretted it because they trust in what they are holding and how it will benefit them in the future.

Selling your bitcoin early indicates that you are not ready to invest in bitcoin since you are still sceptical of the market. How did people who sold their bitcoin feel when the price began to rise after they sold it? It is not suggested to sell your bitcoin when the price rises and you believe you can make a profit, this is not a smart method to succeed in a bitcoin journey.

Yes, what you said is correct. Because, of course, what is referred to as a long-term investor is someone who can hold their assets for at least 5 years, and that is the shortest period of time. So, for example, if a Bitcoin investor sells their Bitcoin within one year of purchasing it, I also agree that such a person cannot be considered a long-term investor, but rather a short-term trader. Although it is true that the Bitcoin assets we own are private property and can be sold at any time, the problem arises when such people claim to be long-term investors their assumption is clearly incorrect. Therefore, I believe we must clearly distinguish between these two concepts. If we fail to do so, there is a risk that beginners might misunderstand the nature of long-term Bitcoin investment. That is why this matter needs to be clarified now.

[RTX-G53]

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

I don't think the mentality of selling Bitcoin after the price increases has anything to do with long-term investment. Because the price of Bitcoin can increase a lot even within 1 year. This does not mean that you have to sell Bitcoin if the price increases within 1 year. This can never be a long-term investment strategy. The price of Bitcoin fluctuates a lot, but after a long time, its price becomes several times higher. That time should be 4 to 10 years or more. As a result, real profits can be made by investing in Bitcoin. Therefore, it is necessary to get out of this mentality of selling only when the price increases and follow the complementary approach that should be adopted to continue investing effectively for 4 to 10 years.

Selling your Bitcoin when the price increases is never a long-term investment, for me, you invested to make a quick profit, a good investor will not decide to sell his bitcoin because of the price increase, when we talk about long-term investment, it means having the mind to hold your bitcoin for a long time even when the price increases without thinking of selling it, for me, four years is too short for a long-term investment, at least 6 to 10 years is good, there are people who have been holding bitcoin for more than 6 to 7 years and have not regretted it because they trust in what they are holding and how it will benefit them in the future.

Selling your bitcoin early indicates that you are not ready to invest in bitcoin since you are still sceptical of the market. How did people who sold their bitcoin feel when the price began to rise after they sold it? It is not suggested to sell your bitcoin when the price rises and you believe you can make a profit, this is not a smart method to succeed in a bitcoin journey.

Sometimes it’s funny how people think that selling their bitcoin after buying and accumulating for a year is called long term holding, but not knowing they’ve not even got to the half way of the journey, but sincerely speaking, due to little amount discretionary of accumulation, I have decided to keep buying and accumulating bitcoin and then sometimes I feel like I’m not buying enough as much as I should be buying and accumulating then I think of adjusting to expenses and allowing other cash flow strategies, then if holding for one circle isn’t enough for me I have decided to hold continuously for a two circle then it’s possible that I have accumulated a good and reasonable number of bitcoin with possible future profit, I think investing in bitcoin have to do with every possible strategy that best fits the longevity of our Bitcoin portfolio.

Bitcoin is basically a game of patience, discipline and long-term mindset. However, there are many who consider one-year holding as long-term. However, real long-term holding is not one or two years but at least a journey of four to eight years. In this case, investing in small amounts using the DCA method brings good results in the long term. This perspective should be maintained. However, everyone's life situation is different and it can be very difficult for someone to hold on for a year. So if someone thinks that one year is long-term, it is only their personal matter, which cannot be said to be bad at all. However, for real profit, it is important to have a long-term mindset and patience.

[Mr_Brilliant$]

I think this should be the basis at which people honestly need to work on, do not set timely basis on bitcoin for either to accumulate bitcoin or take profit from it, rather it should be base on the target, if the target is 1 bitcoin as a whole portfolio, it should be followed gradually, it can take up two cycles or more or even less depending on your income or accumulating load, if you set a time factor like 2 cycles and this target isn’t reached does this means one has to stop? I don’t think so.

For me the target should be base on the amount of bitcoin you want and not time and then you move to over accumulation period and if possible add little by little if you choose, for profit taking it is no brainer that selling all is like handing over your bitcoin again to inflationary currency and also profit should be target price and not time

There is nothing wrong with having a time target, too.  Some guys have more flexibilities with their time, and other guys might not.  

Other guys might not be able to get to exactly where they would like to be, and they might have age and/or health considerations or some other kinds of needs that they consider to be reasonable, so they might accumulate BTC for one or two cycles.... and then enter sustainable withdraw from where-ever they happen to be.  Let's say that a guy is in his early 50s (let's say he just turned 53), and he feels like he is getting old and his retirement prospects are not feeling as good as he thought that it would be.  

Let's say that his income is around $50k, and even though he had been investing for around 20 years, he had ONLY gotten his investment portfolio to  around $200k. He is thinking that he might take around 25% of his investment portfolio and invest it into bitcoin (which would be around $50k), and he also is going to invest around 20% of his income into bitcoin for the next 6-9 years (right now that would be around $12.5k per year, or $250 per week).  He is just going to do as best at he can and see where he is at in 6-9 years, and he would like to stop working by his late 50s or maybe by his early 60s at the latest, so he is considering to just invest into bitcoin as aggressively as he is able to accomplish in the next 6-9 years and see where it gets him.

He can see on his end if he invests around 25% of his income plus some kind of front loading of $50k into bitcoin, then each 4 years, he would invest the equivalent of his annual income after 8 years he would have had invested right around $150k into bitcoin.  He can ONLY control the portion that he can control and do his best with whatever resources that he has available.

It is the best for someone to approach Bitcoin investing with a clear view of their own life situation rather than chasing crazy targets. What I like more in his plan is, he is looking at his age, income, and retirement timeline and building a strategy that fits him..  Front loading $50k while consistently contributing a portion of his income is not flashy at all, it is the kind of calculated, steady move that actually has a shot at meaningful results.. I feel like too many people underestimate the power of consistent action over time, and this approach shows that even starting later, progress is possible if you focus on what’s within your control..

And the balance been created between risk and security is cool. He is not putting everything on the line or hoping for a miracle outcome, jst took calculated steps that account for his retirement needs and personal limits.. Breaking the plan into small cycles makes it manageable, which is something most people overlook...  Front loading a lump sum would give a head start, but pacing his contributions over several years keeps him safe from overexposure..   I sha think that these approach is an approach worth considering for anyone feeling the pressure of starting late…

I also like how the strategy frames Bitcoin not just as a financial instrument but as a tool for personal empowerment..  By focusing on what he can influence and accepting that he can’t control everything, he avoids unnecessary stress and panic decisions. It’s not about hitting some exact number or outperforming the market, it is about steadily building toward a future that feels secure..  From my perspective, that mindset is as valuable as the investment itself, because long term consistency paired with realistic expectations almost always beats trying to chase luck or shortcuts. It’s the kind of thinking I wish more people applied when planning for retirement, especially with volatile assets like Bitcoin…

[SmartCharpa]

The money we earn on a daily, weekly or monthly basis is stable income.

I’m not suggesting that someone must be financially stable before they can invest in Bitcoin. The most important is having a source of income, because without it, there is no way you can set aside a discretionary income. If you don’t have money left after covering your needs, you will face difficult challenges in your investment journey. You might miss some chances just because of other expenses. But sometimes it is not about how stable your income is, but about how you balanced yourself with your investment.

The money that is left after meeting our basic or urgent needs such as food, clothing, housing, education, medical expenses from stable income is discretionary income. From this discretionary income, we build investments, emergency funds and savings.

You can build both savings and an emergency fund while investing in Bitcoin, but it all depends on how you manage your money. Discretionary income is the money left after paying for other expenses. If someone is not financially stable at all, it will be difficult to save, invest, and build an emergency fund at the same time. But at the end, everything will work out on how we manage our discretionary income.

[Bluedrem]

We also consume with our discretionary income... We can choose to consume right away or we can delay our consumption by investing and/or saving.

Dear JJG I think it is wiser to save or invest discretionary income for later consumption rather than consuming it immediately. Because we do not know if we will always be able to earn. There may come a time in our life when we can no longer earn but we have to live our lives. Then the previous discretionary income that we had saved or invested will come in handy. As the saying goes, "Thinking about the future is the work of wisdom." Thinking about the future is indeed the work of wisdom. I have seen ants store food for the winter in other seasons. Because if they go out in search of food in the winter season, their lives are at risk. We are healthy and strong now and can earn, but if at some point we get sick and our income stops, we will still have to find food. Think about it, how will you live your life if you do not have a proper amount of money in reserve?
Now people may say yes, I understand that we should invest or save, but why should we invest in Bitcoin? Why people should invest in Bitcoin -
▫️ Bitcoin provides more security to our assets than other investment avenues.
▫️ Investing in Bitcoin means that I will have sole control over my assets, no third party like a bank has any hand in it.
▫️ It provides the highest profit compared to other investment avenues with long-term investment and proper management.

Many people think that should we invest our entire discretionary income in Bitcoin? No, Bitcoin investment advisors never ask you to invest your entire money in Bitcoin. Rather, they say that you should keep buying Bitcoin in the DCA method with a part of your discretionary income and when there is an opportunity to buy in DIP, if possible, buy aggressively and enrich your Bitcoin portfolio. And you can invest in other areas according to your choice, in addition to building an emergency fund and other funds with the other part of the income.

[Sim_card]

However, everyone's life situation is different and it can be very difficult for someone to hold on for a year. So if someone thinks that one year is long-term, it is only their personal matter, which cannot be said to be bad at all.

I disagree with you to accept from anyone that one year bitcoin of holding bitcoin and selling is a long-term even if they claim it is. One year is not investing because you will still be a low coiner. That person is a trader and not an investor because he is only after profit and not after building, growing and norturing his bitcoin investment to a certain level in future. A lot of people into bitcoin are traders because they holdi not up to a circle and take profits but they claim to be investors. They're in this forum.

What will such person benefit from being a low coiner and move backwards to a no coiner despite the little profit that he made. That person will end up regretting in future when bitcoin price will be very expensive because he was busy selling what he was supposed to be growing and increasing in value overtime. Bitcoin investment should be for a long time and I prefer ten years above as long term. As for me, I will continue buying bitcoin till I reach my over accumulation stage because bitcoin is a good investment for the future.

[HausaBitCkk]

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While investing, never invest with money that is essential for your livelihood. Invest some money that will not come in handy easily. And also try to keep an emergency fund. So that you do not lose your investment.

Sometimes mostly Bitcoin investors get carried away and invest aggressively with money meant for one or two of their basic needs, and when the needs arise to use the money for what it was intended for, they sell off their Bitcoin or temper with it just to address that pressing basic needs, and that's a terrible way to invest in Bitcoin, that's why it's mostly emphasize by sir jayjuangee that buying or investing in Bitcoin aggressively is not a bad practice, it's actually a good thing to do especially if you are seriously lacking behind in your accumulation journey, but in any purchase you do, make sure it's within the confinement of your discretionary income, and if you can invest or buy aggressively within your discretionary income, you will be fine.
It's only when you invest outside your discretionary income that their will be problem, so in all we do, we should not invest with money meant for any of  our basic needs because it's like making a chicken your friend, one day you will sure eat it.

It depends on how responsible we are in maintaining our investments. A commitment must be made not to disrupt our investments, regardless of any pressing circumstances. However, solutions can certainly be found without disrupting them.
I've experienced something like this before, when I was too aggressive in expanding my portfolio, which impacted my finances. However, I firmly and responsibly resolved all those issues without disrupting my investments. So, what's important is simply taking responsibility for our actions.

You will be safe if you invest in Bitcoin using your extra income, but if you have extra income, then investing aggressively is never bad because it provides you with protection, because it does not cause any harm, but when you invest in Bitcoin to meet basic needs or by borrowing money, you get into trouble, because these can create a lot of financial stress for you in the future, because when you invest in Bitcoin without meeting the basic needs of your family, you will fail to complete the Bitcoin in the long run, and again you may be forced to sell Bitcoin due to not having money in hand for your necessary expenses, if you invest with borrowed money, then your debt burden will be burdened and if the price of your Bitcoin continues to fall, then you will panic in another way.  On the one hand, you will be worried about the price of Bitcoin and have trouble paying your debts and so I don't think it's ever right to invest with borrowed money or without meeting your family's basic needs, so it's very important to invest using your extra income, whatever your surplus is.