Buy Buy Buy or Sell Sell Sell?

[Guccho]

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.

Yeah, Spending all of our discretionary income immediately feels good in the moment but saving or investing it is what really makes the future safe. Life isn't always stable - illness, loss of job or simply old age can end our income, and that's when the savings from the past become essential.
Bitcoin fits into this plan well because unlike fiat savings that lose value slowly, Bitcoin has proven to exhibit significant growth over long-term periods and gives you full control over your assets. Of course, it doesn't mean to put all in Bitcoin. A smarter way is to use DCA with some of your discretionary income, benefit from dips if possible, but still set some of your money aside for emergencies or other investments. That balance allows you to amass wealth with Bitcoin and at the same time be financially safe in case surprises come your way in life.

[avp2306]

We can never call a person a long-term investor by looking at his portfolio. There are many people who own a lot of money who can buy 5-6 bitcoins in a day if they want. If they buy so many bitcoins in one day and sell them the next day after seeing some profit, then we can never call them long-term investors. Long-term investment is an investment period of 5 to 10 years.

In the case of investment, if Bitcoin cannot be held for at least one cycle, then it can never be called long-term. As we know that one cycle is completed every four years, and for this, the investor can hold Bitcoin for any period of time above the minimum of 4 years. The longer the investor can hold Bitcoin, the greater the possibility of his return. If it can be observed before and after each cycle, it will be very clear about this fact. The Bitcoin market is always volatile, long-term investors can use this volatility to increase their Bitcoin accumulation. Those who are long-term investors and regularly invest, on the one hand, get the opportunity to increase their Bitcoin portfolio, and on the other hand, if the price of Bitcoin increases, it creates the opportunity to take even bigger returns.

3 years is actually long so it can still be consider as long term holding, but the downside of it they might didn't get the best result of their investment and I think they might just waste all off their effort made for many years of Bitcoin if they surrender and sold all of their holdings when  they reach for 3 years.

1 cycle or 4 years of holding is the minimum, but if they don't need to sell it I guess its more ideal if they can able to hold their Bitcoin for many more years.

In my case I'm planning to hide some Bitcoin for retirement, since I strongly believe that Bitcoin would became more better asset in future and It will be good if I have some of it save when I'm still young and capable to earn.

[Spaceman1000$]

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.

Buying and selling Bitcoin within a year is not ideal for anybody that wants to call themselves a Bitcoin investor, they need to hodl for the long term. Experienced holders will categorize such people as traders because one year alone will be considered trading, it comes with risks because Bitcoin is volatile. You cannot get sufficient returns on investment if you sell on the short term, it is possible to sell at loss if it dip at the point of sale. Smart investors hodl between 4 to 10 years and more by then they're sure that atleast two bull circles have come. Holding for the long term and choosing to sell after ATH is a good investment plan.

There are still people with that kind of mindset, buying and selling within a year is what they know how to do, their own is to just buy and sell when the price rises and make profit, I always consider those people as a trader because an investor who knows about Bitcoin will not think of selling his bitcoin within a year or when the price rises to make profit, selling your bitcoin early doesn't guarantee you to get rich or make a lot of profit in time. When bitcoin reaches $100k, I see some people sell their bitcoin because they believe this will be their opportunity, and if they do not sell, the price would fall.

I'm not sure if some people understand bitcoin before they buy because if they do, they won't rush to sell whenever the price rises. Trust and patience are very important when investing in bitcoin because some people still don't believe in Bitcoin, which is why they decide to sell whenever the price rises. As someone who believes in bitcoin, we should always plan to accumulate bitcoin and hold for the long term.

I seem to agree with you, trust and patient is the Hallmark of the game, those who are the game changers in Bitcoin investment, understand the the race is a marathon race and not a Sprint, so endurance and perseverance while holding your Bitcoin will definitely make you stand out in the long run. Most investors don't have anything special as to why they've been succeeding in their Bitcoin investment, they only bestowed trust on their investment and that has been the leverage to their success story.

[Sim_card]

I agree with you quite alright, but where I’m getting it confused is to the part you said long term investment is about portfolio growth because there’s a possibility that an investor can grow his portfolio within a period of one year or less, should that be the case then it still might be putting the person in the level of long term investor and this might go a long way to misleading newbies only to grow their portfolio within a short time and they might feel fulfilled that they’ve invested in long term and might want to sell off having noticed a little profit in their portfolio.

It shouldn't confuse anyone because everyone has his own goal on the quantity of bitcoin that they plan to accumulate. However, if a new investor is able to accumulate 1btc because that is his bitcoin target within one year or below, what prevents him from continuing to add more bitcoin to his portfolio in order for him to reach over accumulation status. If the person is aged or have health issues, that's not a problem but if you are still young and vibrant below 65 years of age, you should not start selling because you have reached your bitcoin target within one year. It's better to continue holdi and increase your bitcoin stash.

However, if you don't feel like increasing your bitcoin stash anymore, you don't need to sell your bitcoin but hodli for long term because that's when you will benefit more from your bitcoin portfolio due to the compounding profit overtime. Don't forget that the longer you hodli the better for you because history has proven that bitcoin price increases overtime and since bitcoin is in her early stage, you don't need to sell your hodlings. What will you use the fiat from your bitcoin sales to do.

Bitcoin is one of the best investments  for the future so try and make holding bitcoin part of you because that's the key to success and financial upliftment in future. If you sell too many coins too soon for the reason of profit, you will regret it later when bitcoin price will be x3 or more of the price that you sold yours.

What if you were able to reach your bitcoin target within one year and bitcoin price at that moment is below your entry point, will you sell? This is the major reason why you should invest and hodli for long term to avoid losses. Profit shouldn't be your focus in the beginning, because your profit is not yet ripe for plucking.

[yixichloro2xx]

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.

Buying and selling Bitcoin within a year is not ideal for anybody that wants to call themselves a Bitcoin investor, they need to hodl for the long term. Experienced holders will categorize such people as traders because one year alone will be considered trading, it comes with risks because Bitcoin is volatile. You cannot get sufficient returns on investment if you sell on the short term, it is possible to sell at loss if it dip at the point of sale. Smart investors hodl between 4 to 10 years and more by then they're sure that atleast two bull circles have come. Holding for the long term and choosing to sell after ATH is a good investment plan.

There are still people with that kind of mindset, buying and selling within a year is what they know how to do, their own is to just buy and sell when the price rises and make profit, I always consider those people as a trader because an investor who knows about Bitcoin will not think of selling his bitcoin within a year or when the price rises to make profit, selling your bitcoin early doesn't guarantee you to get rich or make a lot of profit in time. When bitcoin reaches $100k, I see some people sell their bitcoin because they believe this will be their opportunity, and if they do not sell, the price would fall.

I'm not sure if some people understand bitcoin before they buy because if they do, they won't rush to sell whenever the price rises. Trust and patience are very important when investing in bitcoin because some people still don't believe in Bitcoin, which is why they decide to sell whenever the price rises. As someone who believes in bitcoin, we should always plan to accumulate bitcoin and hold for the long term.

if someone sees short term profit as a success, it usually shows they have not yet understood what Bitcoin really represents. Treating it like a quick flip misses the point, because Bitcoin is not just another asset to trade, it is a long term store of value that rewards patience. The people who sold at $100k thinking they had reached the top may later realize they gave away their strongest position to those who stayed calm.

Because Bitcoin moves in cycles, it is natural for the price to rise and fall sharply, but history shows that those who held through multiple cycles came out far ahead of those who tried to time every move. Patience and conviction are what turn small accumulations into life changing savings.

One thing we should always know is that, If you treat Bitcoin like a trade, you will always be worried about tops and bottoms. But if you treat it as long term savings, every dip is an opportunity and every rally is confirmation of the path you chose. That mindset is what separates hodlers from sellers.

[ejikeme24]

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.

[Edited out]

Yeah, Spending all of our discretionary income immediately feels good in the moment but saving or investing it is what really makes the future safe. Life isn't always stable - illness, loss of job or simply old age can end our income, and that's when the savings from the past become essential.

That is the reason why we need to focus on the future and forget about Those profits we are going to make in the short term, bitcoin investment is supposed to be for future benefit since we still have enough energy to be running around waking very early in the morning and dress up for work, why don't we use that same energy to start investing into bitcoin for future purpose because some day we can start fading away I mean we won't be have the energy to be running around waking very early to work as we used to.

At this point things may get tough for us that's if we don't have any asset at all, there are some people that had the opportunity to invest during thier early stage but due to one reason or the other made them not to invest into any asset not knowing that some day they will get old and won't be having those opportunities they had before. So therefore investing for the future is the best especially those that still have a  Long way to go, is good to start investing for the future so that in the future you won't be facing much difficulties.

[Mame89]

Yeah, Long term investing in Bitcoin is about patience and portfolio growth and not short-term gains. Selling every time the price spikes turns an investor into a trader and that thinking is difficult to reach your accumulation goals. The true benefits of Bitcoin arise from holding on for several years, to let the compounding effect of price growth work in your favour. Staying disciplined, not being bothered by short terms and focusing on building your portfolio piece by piece is what separates long term investors from those who chase quick profits. Your approach of waiting until you have your target accumulation is the exact way that sustainable gains are made.

I agree with you that investing in Bitcoin requires patience and a strong mentality. Because long-term investment in Bitcoin is not a short journey. Therefore, we must be able to align our intentions and goals more clearly. Investing in Bitcoin isn't just about making a profit; there are far more beneficial benefits than that. In my opinion, one of Bitcoin's most valuable benefits is protecting our assets from inflation. I believe this is far more beneficial than simply seeking profit. Besides gold, I believe Bitcoin is a truly powerful asset that retains value. With this in mind, we must be able to align our investment intentions with the right ones. I'm sure we're investing in Bitcoin for the sake of improving our future lives. So, the bottom line is that we must remember this and avoid being tempted by short-term gains.

Patience and a positive mindset are essential for any investment, especially in BTC, which is highly volatile. To achieve success, long term intentions and goals are essential. Furthermore BTC is now being considered by many investors as the best long term asset. Despite its high volatility, Bitcoin has proven and proven itself as a hedge against volatility.

Furthermore we must embrace the mindset that volatility is not just a risk, but also a way to strategically navigate market fluctuations and profit. The current global economy is unstable, with numerous wars and new US tariff policies indirectly creating a domino effect across various sectors. Bitcoin could become a solution for long term investment. Given current global economic developments, perhaps within 10 years, many people will be poorer, except for BTC holders.

[Mr_Brilliant$]

I agree with you quite alright, but where I’m getting it confused is to the part you said long term investment is about portfolio growth because there’s a possibility that an investor can grow his portfolio within a period of one year or less, should that be the case then it still might be putting the person in the level of long term investor and this might go a long way to misleading newbies only to grow their portfolio within a short time and they might feel fulfilled that they’ve invested in long term and might want to sell off having noticed a little profit in their portfolio.

It shouldn't confuse anyone because everyone has his own goal on the quantity of bitcoin that they plan to accumulate. However, if a new investor is able to accumulate 1btc because that is his bitcoin target within one year or below, what prevents him from continuing to add more bitcoin to his portfolio in order for him to reach over accumulation status. If the person is aged or have health issues, that's not a problem but if you are still young and vibrant below 65 years of age, you should not start selling because you have reached your bitcoin target within one year. It's better to continue holdi and increase your bitcoin stash.

Reasonable point, of not letting a specific target stop someone from continuing their journey, because truth is, targets are only few steps, not destinations.. Hitting 1 BTC should not mean the end of accumulation, it should mean you have broken into a stronger level of conviction.. The way I see it, if you are still young and capable, why stop when you can build a bigger stack for the future? Health or age can limit someones ability to accumulate, yes, but as long as you have strength, time, and income on your side, compounding more BTC gives you that extra confidence for whatever the future brings. Bitcoin is still early, and that means there is still so much potential room for growth that many of us underestimate..

However, if you don't feel like increasing your bitcoin stash anymore, you don't need to sell your bitcoin but hodli for long term because that's when you will benefit more from your bitcoin portfolio due to the compounding profit overtime. Don't forget that the longer you hodli the better for you because history has proven that bitcoin price increases overtime and since bitcoin is in her early stage, you don't need to sell your hodlings. What will you use the fiat from your bitcoin sales to do.

On this, I think it is an important reminder that accumulation is not about selling the moment you feel satisfied… Most people don’t realize that satisfaction with Bitcoin is a moving target because price has not even scratched the surface…. You mentioned compounding, and I agree with that fully, because Bitcoin compounding is not like traditional finance where percentages add up in a way we can predict..  For BTC, the it is way different and promising, talking about global trust, and scarcity.. That is why even if someone does not feel like adding more, holding still remains the smartest decision… When you ask, what will you use the fiat for if you sell, good question, because most times we end up spending that fiat on depreciating things, while the coin we sold keeps appreciating.. This is a mistake some old investors made..

Bitcoin is one of the best investments  for the future so try and make holding bitcoin part of you because that's the key to success and financial upliftment in future. If you sell too many coins too soon for the reason of profit, you will regret it later when bitcoin price will be x3 or more of the price that you sold yours.

What if you were able to reach your bitcoin target within one year and bitcoin price at that moment is below your entry point, will you sell? This is the major reason why you should invest and hodli for long term to avoid losses. Profit shouldn't be your focus in the beginning, because your profit is not yet ripe for plucking.

Hmm, solid question, what if someone reaches their goal but the market is sitting below entry? The true is, this is where emotional maturity comes in. Selling at that stage would simply mean a loss, which means the target itself did not serve its purpose.. That is why I see profit taking in Bitcoin as something that should come later, when the market has proven itself in many cycles, not just months or a single year..  Like you said, profits are not gotten in the beginning, and it takes patience to let them mature.. People who chase quick satisfaction would later regret when price shoots 3x, 5x, 10x above the level they sold..

[pawel7777]

What do you know! Looks like the bull run is not dead yet. We almost got to $115k today and we're up over 4% compared to a week ago. Not the most dynamic movement ever, but it's better than nothing.
I don't have my hopes set too high for this one, as we're lacking in the trading volume. If the volume doesn't pick up, I don't think we would have enough steam to go much above the ATH.

And looks like we could finally have an altcoin season. The CMC index is the highest it has ever been this cycle, currently at 63:
https://coinmarketcap.com/charts/altcoin-season-index/

[EL MOHA]

What do you know! Looks like the bull run is not dead yet. We almost got to $115k today and we're up over 4% compared to a week ago. Not the most dynamic movement ever, but it's better than nothing.
I don't have my hopes set too high for this one, as we're lacking in the trading volume. If the volume doesn't pick up, I don't think we would have enough steam to go much above the ATH.

And looks like we could finally have an altcoin season. The CMC index is the highest it has ever been this cycle, currently at 63:
https://coinmarketcap.com/charts/altcoin-season-index/

This is not small movement if you ask me, the bitcoin market was actually supposed to be bearish this month because of the history that September has which is been bearish but the market has actually been consolidating and even more in green for the month, which is a good one. For me if the market stays above $110k this month, it is definitely a good month, a price increase to $120k is a great September in my opinion because of the low volume that I am seeing right now. If the market stays like this then I will be anticipating a super bullish fourth and last quarter of the year and seriously my $150k price target for the year might actually be achieved even before the festive period.

Yes the CMC index for Altcoins was actually reported to have increased from all the way down from 29 to this, all though my observation is this is happening as a result of the year coming to an end

[Skydrill]

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.

[Edited out]

Yeah, Spending all of our discretionary income immediately feels good in the moment but saving or investing it is what really makes the future safe. Life isn't always stable - illness, loss of job or simply old age can end our income, and that's when the savings from the past become essential.

That is the reason why we need to focus on the future and forget about Those profits we are going to make in the short term, bitcoin investment is supposed to be for future benefit since we still have enough energy to be running around waking very early in the morning and dress up for work, why don't we use that same energy to start investing into bitcoin for future purpose because some day we can start fading away I mean we won't be have the energy to be running around waking very early to work as we used to.

At this point things may get tough for us that's if we don't have any asset at all, there are some people that had the opportunity to invest during thier early stage but due to one reason or the other made them not to invest into any asset not knowing that some day they will get old and won't be having those opportunities they had before. So therefore investing for the future is the best especially those that still have a  Long way to go, is good to start investing for the future so that in the future you won't be facing much difficulties.

Anything less than the long term arrangements for me is below standards, though everybody is entitled to their own opinion but I think that's the only way to better grow your income because the short term plan will always yield lower income so why not settle for the longer which has the probability of yielding better result, this should be the right strategy but I wonder why so many people keep emphasizing on this short term investment plan, it seems like harvesting a crop before harvest season.

[Ricardo11]

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.

Buying and selling Bitcoin within a year is not ideal for anybody that wants to call themselves a Bitcoin investor, they need to hodl for the long term. Experienced holders will categorize such people as traders because one year alone will be considered trading, it comes with risks because Bitcoin is volatile. You cannot get sufficient returns on investment if you sell on the short term, it is possible to sell at loss if it dip at the point of sale. Smart investors hodl between 4 to 10 years and more by then they're sure that atleast two bull circles have come. Holding for the long term and choosing to sell after ATH is a good investment plan.

There are still people with that kind of mindset, buying and selling within a year is what they know how to do, their own is to just buy and sell when the price rises and make profit, I always consider those people as a trader because an investor who knows about Bitcoin will not think of selling his bitcoin within a year or when the price rises to make profit, selling your bitcoin early doesn't guarantee you to get rich or make a lot of profit in time. When bitcoin reaches $100k, I see some people sell their bitcoin because they believe this will be their opportunity, and if they do not sell, the price would fall.

I'm not sure if some people understand bitcoin before they buy because if they do, they won't rush to sell whenever the price rises. Trust and patience are very important when investing in bitcoin because some people still don't believe in Bitcoin, which is why they decide to sell whenever the price rises. As someone who believes in bitcoin, we should always plan to accumulate bitcoin and hold for the long term.

I seem to agree with you, trust and patient is the Hallmark of the game, those who are the game changers in Bitcoin investment, understand the the race is a marathon race and not a Sprint, so endurance and perseverance while holding your Bitcoin will definitely make you stand out in the long run. Most investors don't have anything special as to why they've been succeeding in their Bitcoin investment, they only bestowed trust on their investment and that has been the leverage to their success story.

To sustain an investment for the long term, it is important to have full faith in it, in the case of Bitcoin investment, you must have the mentality of holding it for the long term.
You must be steadfast in the long term by avoiding all the volatility, but to be able to do this, you must have faith and patience, if you do not have faith in Bitcoin, you will panic during volatility and decide to give up Bitcoin.
Whereas if you understood and believed in the true potential of Bitcoin, you would never decide to sell, but rather you would decide to buy more at that time when the price decreases during volatility, which a real investor always does.
Bitcoin investment is a long-term journey where all the ups and downs have to be avoided and for this, long-term trust is definitely required, not every volatility in the market is a matter of panic, but all of them are opportunities to buy at a low price.
So you must be realistic about these things, you should not panic unnecessarily, hold Bitcoin with patience, then there will definitely be a high probability of getting good results.

[Lembo69]

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.

Buying and selling Bitcoin within a year is not ideal for anybody that wants to call themselves a Bitcoin investor, they need to hodl for the long term. Experienced holders will categorize such people as traders because one year alone will be considered trading, it comes with risks because Bitcoin is volatile. You cannot get sufficient returns on investment if you sell on the short term, it is possible to sell at loss if it dip at the point of sale. Smart investors hodl between 4 to 10 years and more by then they're sure that atleast two bull circles have come. Holding for the long term and choosing to sell after ATH is a good investment plan.

There are still people with that kind of mindset, buying and selling within a year is what they know how to do, their own is to just buy and sell when the price rises and make profit, I always consider those people as a trader because an investor who knows about Bitcoin will not think of selling his bitcoin within a year or when the price rises to make profit, selling your bitcoin early doesn't guarantee you to get rich or make a lot of profit in time. When bitcoin reaches $100k, I see some people sell their bitcoin because they believe this will be their opportunity, and if they do not sell, the price would fall.

I'm not sure if some people understand bitcoin before they buy because if they do, they won't rush to sell whenever the price rises. Trust and patience are very important when investing in bitcoin because some people still don't believe in Bitcoin, which is why they decide to sell whenever the price rises. As someone who believes in bitcoin, we should always plan to accumulate bitcoin and hold for the long term.

I seem to agree with you, trust and patient is the Hallmark of the game, those who are the game changers in Bitcoin investment, understand the the race is a marathon race and not a Sprint, so endurance and perseverance while holding your Bitcoin will definitely make you stand out in the long run. Most investors don't have anything special as to why they've been succeeding in their Bitcoin investment, they only bestowed trust on their investment and that has been the leverage to their success story.

To sustain an investment for the long term, it is important to have full faith in it, in the case of Bitcoin investment, you must have the mentality of holding it for the long term.
You must be steadfast in the long term by avoiding all the volatility, but to be able to do this, you must have faith and patience, if you do not have faith in Bitcoin, you will panic during volatility and decide to give up Bitcoin.
Whereas if you understood and believed in the true potential of Bitcoin, you would never decide to sell, but rather you would decide to buy more at that time when the price decreases during volatility, which a real investor always does.
Bitcoin investment is a long-term journey where all the ups and downs have to be avoided and for this, long-term trust is definitely required, not every volatility in the market is a matter of panic, but all of them are opportunities to buy at a low price.
So you must be realistic about these things, you should not panic unnecessarily, hold Bitcoin with patience, then there will definitely be a high probability of getting good results.

No job is good in a hurry. Be it investment or any other job. However, even if it seems difficult to make a long-term investment, later you will realize that it was a good decision for you. For example, if someone climbs a tree with a ladder or a rope, it is easy for him to reach the top. On the other hand, if someone climbs a tree without a rope on his own, it is a little difficult for him. But when it is time to come down, the person using the rope takes a little longer to come down, and the person who climbed without a rope on his own effort does not take time to come down. Because he comes down with his strategy. The point is that it will be easy for the one who invests in the long term and will be able to deal with any situation just like the person who climbed the tree without a rope. And the one who wants to make a profit by investing in the short term will be like the person using the rope, although it is easy to get up, it will be difficult to get down, he will not be able to deal with the situation. Therefore, if you can invest patiently, the chances of success are high.

[$crypto$]

What do you know! Looks like the bull run is not dead yet. We almost got to $115k today and we're up over 4% compared to a week ago. Not the most dynamic movement ever, but it's better than nothing.
I don't have my hopes set too high for this one, as we're lacking in the trading volume. If the volume doesn't pick up, I don't think we would have enough steam to go much above the ATH.

And looks like we could finally have an altcoin season. The CMC index is the highest it has ever been this cycle, currently at 63:
https://coinmarketcap.com/charts/altcoin-season-index/

Who thinks the bull run will end? Perhaps people who panic say that because, for me, even if there is a decline, the rally will definitely continue, so this is an opportunity to buy at a low price.

Yeah, even if the bullish trend ends, it won't be a problem. Those who are prepared to face it can continue to accumulate during the bearish phase because that may be the advantage of doing so during a decline.

[SmartCharpa]

I agree with you quite alright, but where I’m getting it confused is to the part you said long term investment is about portfolio growth because there’s a possibility that an investor can grow his portfolio within a period of one year or less, should that be the case then it still might be putting the person in the level of long term investor and this might go a long way to misleading newbies only to grow their portfolio within a short time and they might feel fulfilled that they’ve invested in long term and might want to sell off having noticed a little profit in their portfolio.

We can never call a person a long-term investor by looking at his portfolio. There are many people who own a lot of money who can buy 5-6 bitcoins in a day if they want. If they buy so many bitcoins in one day and sell them the next day after seeing some profit, then we can never call them long-term investors. Long-term investment is an investment period of 5 to 10 years.

Sure, holding a huge amount of Bitcoin doesn’t make someone a long-term investor. There are many people who jump into the market whenever they see prices going higher. They invest huge amounts of money in order to get huge returns, and once they make a little profit or notice the market changing, they quickly sell just to secure some gains above their first investment.

Of course, we cannot call those types of people long-term investors because they are only after quick profits. A long-term investor is determined by how long they can hold their portfolio. There are people who have been holding Bitcoin for more than 10 years now, and those are the ones we can truly consider long-term investors, not traders who always invest for a short time just to make quick profits. I think by now we should know the difference.

[JayJuanGee]

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.

Buying and selling Bitcoin within a year is not ideal for anybody that wants to call themselves a Bitcoin investor, they need to hodl for the long term. Experienced holders will categorize such people as traders because one year alone will be considered trading, it comes with risks because Bitcoin is volatile. You cannot get sufficient returns on investment if you sell on the short term, it is possible to sell at loss if it dip at the point of sale. Smart investors hodl between 4 to 10 years and more by then they're sure that atleast two bull circles have come. Holding for the long term and choosing to sell after ATH is a good investment plan.

There are still people with that kind of mindset, buying and selling within a year is what they know how to do, their own is to just buy and sell when the price rises and make profit, I always consider those people as a trader because an investor who knows about Bitcoin will not think of selling his bitcoin within a year or when the price rises to make profit, selling your bitcoin early doesn't guarantee you to get rich or make a lot of profit in time. When bitcoin reaches $100k, I see some people sell their bitcoin because they believe this will be their opportunity, and if they do not sell, the price would fall.

I'm not sure if some people understand bitcoin before they buy because if they do, they won't rush to sell whenever the price rises. Trust and patience are very important when investing in bitcoin because some people still don't believe in Bitcoin, which is why they decide to sell whenever the price rises. As someone who believes in bitcoin, we should always plan to accumulate bitcoin and hold for the long term.

There are likely going to be a lot of people regretting having had sold too much bitcoin too soon at or around $100k.  Yeah, $100k was a nice round number and it seem like a BIG number, but there is still a need to be careful about selling too much too soon.

There might have had been a few who sold some bitcoin at and around $100k and then bought back, yet I doubt that the dominant mindset was hanging onto your bitcoin, which is likely part of the reason that we have been spending quite a bit of time at and around $100k.

We will see what happens, and it is always dangerous to be trying to trade bitcoin and then ending up with way more bitcoin than you would have had because you are expecting dips that do not end up happening.

it is a repeated pattern in bitcoin that is not likely to end.. , just like there were too many folks selling around $1k in 2017 and too many selling at around $10k in 2017, 2018, 2019 and even into 2020... .. Funny when I say it.  We were around $10k for a pretty long time.. covering 4 calendar years.  I doubt that we are going to spend so much time around $100k, but who knows?  Almost anything can happen, but some things are more likely than other things... and frequently people get it wrong, especially in regards to bitcoin and especially in regards to low coiners, no coiner and those who have been thinking about bitcoin as a trade rather than as an investment.

I agree with you quite alright, but where I’m getting it confused is to the part you said long term investment is about portfolio growth because there’s a possibility that an investor can grow his portfolio within a period of one year or less, should that be the case then it still might be putting the person in the level of long term investor and this might go a long way to misleading newbies only to grow their portfolio within a short time and they might feel fulfilled that they’ve invested in long term and might want to sell off having noticed a little profit in their portfolio.

It shouldn't confuse anyone because everyone has his own goal on the quantity of bitcoin that they plan to accumulate. However, if a new investor is able to accumulate 1btc because that is his bitcoin target within one year or below, what prevents him from continuing to add more bitcoin to his portfolio in order for him to reach over accumulation status. If the person is aged or have health issues, that's not a problem but if you are still young and vibrant below 65 years of age, you should not start selling because you have reached your bitcoin target within one year. It's better to continue holdi and increase your bitcoin stash.

However, if you don't feel like increasing your bitcoin stash anymore, you don't need to sell your bitcoin but hodli for long term because that's when you will benefit more from your bitcoin portfolio due to the compounding profit overtime. Don't forget that the longer you hodli the better for you because history has proven that bitcoin price increases overtime and since bitcoin is in her early stage, you don't need to sell your hodlings. What will you use the fiat from your bitcoin sales to do.

Bitcoin is one of the best investments  for the future so try and make holding bitcoin part of you because that's the key to success and financial upliftment in future. If you sell too many coins too soon for the reason of profit, you will regret it later when bitcoin price will be x3 or more of the price that you sold yours.

What if you were able to reach your bitcoin target within one year and bitcoin price at that moment is below your entry point, will you sell? This is the major reason why you should invest and hodli for long term to avoid losses. Profit shouldn't be your focus in the beginning, because your profit is not yet ripe for plucking.

You seem to be talking about trading rather than investing.  Even a more elderly person should come into bitcoin with at least a 4 year timeline for any new buy that he makes, otherwise he is trading rather than investing.

Of course, if someone reaches overaccumulation status he has more options, and if he reaches such status in just a year or two, then he still has more options to sell beyond his overaccumulated amount, yet he still may well be devolving into trading rather than investing, yet if he is only selling within his overaccumulated amount then it could be argued that he is still investing with the portion of BTC that he continues to hold.

Maybe an example might help?  Let's use your form registration date and say that about 2.5 years ago (in the beginning of 2023) a person had an income of $30k per year, and he had been investing aggressively (in non bitcoin areas) for somewhere around 10 years before coming to bitcoin (maybe he was investing 25% per year - around $8k per year and $150 per week), and so his investment portfolio before coming to bitcoin had grown to right around 5x his income  (a combination of what he put in (around $80k) and appreciation of the investment over a bit more than 10 years). .So maybe in early 2023 had $150k in his investment portfolio, and when he heard about bitcoin he got excited and considered that he would channel a lot of what he had previously been investing into bitcoin for the next 2.5 years (which would be around $20k), and he would take around 1/2 of his then investment and but that into bitcoin (so that would be $75k), which means that over that 2.5-ish years period he was planning to invest around $100k into bitcoin...  

He would invest straight from his income and in order to incur the fewest of penalties, he would withdraw from his already existing investment and transfer it into bitcoin... on a weekly and/or monthly basis so he would have had invested $700 per week since January 2023, and he would have had invested close to $100k and he would have accumulated close to 2.2 BTC that currently has a spot price value of $250k and a 200-WMA value of $115k.

Personally, I would consider that he has not yet over invested into bitcoin, and maybe he should continue to invest at around $100 to $150 per week - presuming that he has withdrawn as much as he believes reasonable from his traditional investment..  Yet of course, these are personal choices about what to do and whether enough stacking has taken place in merely a 2 year timeline, even though he is right around 2.5x in profits with the spot price of his current holdings, yet the 200-WMA value of his 2.2 BTC holdings is ONLY about $115k (which means that he could only sustainably withdraw about $11.5k per year.  In part his own assessment of what he would like to withdraw might make a difference.

The scenario would be slightly different if the guy had withdrawn the whole $75k from his traditional investment in early 2023 and maybe invested it over 3-6 months and included to buy bitcoin with a DCA of around $150 per week from his regular income, then maybe he could have had accumulated around 3.6 bitcoin, yet I am still not sure if 3.6 BTC would get him to overaccumulation status, at least not enough to be selling any major portions of his holdings.. yet sure, again, these are somewhat personal discretionary decisions even though some choices will likely be shown to be better ways of dealing with the matter than others..

What do you know! Looks like the bull run is not dead yet. We almost got to $115k today and we're up over 4% compared to a week ago. Not the most dynamic movement ever, but it's better than nothing.
I don't have my hopes set too high for this one, as we're lacking in the trading volume. If the volume doesn't pick up, I don't think we would have enough steam to go much above the ATH.

And looks like we could finally have an altcoin season. The CMC index is the highest it has ever been this cycle, currently at 63:
https://coinmarketcap.com/charts/altcoin-season-index/

You have been registered on the forum as long as me, and you are still distracted by shitcoins, and thinking that it is a good idea to try to trade bitcoin?  Hopefully you have been investing in bitcoin rather than fucking around trying to predict tops...

You may well realize that there are a couple of primary ways that guys can go wrong in their approach to bitcoin which relate to failure/refusal to adequately prepare for up, which is selling too much to soon and failing/refusing to buy enough.  Which one are you?   You might not realize which one you are.

If you had merely been investing around $50 per week since your forum registration date, you would have invested less than $30k, but you would have close to 23 BTC.  I doubt whatever fucking around with trading and/or shitcoining that you've been doing (and/or focusing upon) has gotten you close to or better than those kinds of results.

[Y3shot]

In the case of investment, if Bitcoin cannot be held for at least one cycle, then it can never be called long-term. As we know that one cycle is completed every four years, and for this, the investor can hold Bitcoin for any period of time above the minimum of 4 years. The longer the investor can hold Bitcoin, the greater the possibility of his return. If it can be observed before and after each cycle, it will be very clear about this fact. The Bitcoin market is always volatile, long-term investors can use this volatility to increase their Bitcoin accumulation. Those who are long-term investors and regularly invest, on the one hand, get the opportunity to increase their Bitcoin portfolio, and on the other hand, if the price of Bitcoin increases, it creates the opportunity to take even bigger returns.

I think in this time where we find ourselves now, people have a better understanding of what Bitcoin is all about. Some years back, people just tried to invest in Bitcoin without knowing what it is truly about. It is important for those who want to invest in Bitcoin to prepare their minds and understand that Bitcoin is a long-term investment. If you are not sure or willing to invest for the long term, there is no need to invest in Bitcoin, because planning to hold Bitcoin for a short time is not always productive. Bitcoin investment is a long-term investment, and there is no two ways about it. I think investors need to work on their mindset first before investing, because if you are not prepared for the long term, it is impossible to make it big in Bitcoin.

[Bigjoe33]

Sure, holding a huge amount of Bitcoin doesn’t make someone a long-term investor. There are many people who jump into the market whenever they see prices going higher. They invest huge amounts of money in order to get huge returns, and once they make a little profit or notice the market changing, they quickly sell just to secure some gains above their first investment.

Sincerely, some have this money stacked up, reputable business men, just waiting for an opportunity to invest in anything investable so long as they heard it will yield interest. Some might even be newbies in crypto and Bitcoin related investments, but because they have passive income, they would get involved in such investments, and they can get enough Bitcoin stacked up from there aggressive purchase. It's such investors you see panicking like new babies that they are in Bitcoin investment if market declines. Forgetting that the fluctuation nature of Bitcoin has made it so. They even panic more in Dips fearing that all there investments are all gone. This inturn necessitates panic selling in a bid to save some holdings, and off course, losing out which was not the original plan.

Every investor must set a target timeline to which his/her investment journey would last actively before thinking of a possible sell, with this in mind, such an investor creates or build up funds such as emergency and reserve funds through his discretionary income to enable such investment plan been achieved. An investor who fails to plan, already plans to fail. A set plan of targeted goal towards such an investment will serve as guide and road map to a successful Bitcoin accumulation process.

We know that an investor will always have the privilege to sell at anytime he wishes, yea! It's his holding not mine to dictate. He also has the sole responsibility of determining either to hold for long or decide to sell too early as soon as a possible dip is noticed or a decline in the market, it is his sole will. But the point is, an investor who goes into Bitcoin accumulation with a long term mindset tends to prepare better, outlining means to which such long term target will be achieved, and also intentionally works toward raising back up funds to ensure long lasting investment and sustainability.

What's the point in stacking up huge amount of Bitcoin in your portfolio at a given period and then panic the nexr minute due to market decline and then rush to sell either to save or make few gains. And I believe such quick or hasty decision might not or do not usually end well. Naturally, I don't like panic, so I would prefer setting targets, bit by bit accumulation of Bitcoin using the DCA strategy through the discretionary income, and alongside building my emergency fund plus reserve funds too as my discretionary can carry. This gives me the peace of mind desired and also for sure ensures easy investment journey and supports long term investment which is the real deal.

[Finebone]

.
Every investor must set a target timeline to which his/her investment journey would last actively before thinking of a possible sell, with this in mind, such an investor creates or build up funds such as emergency and reserve funds through his discretionary income to enable such investment plan been achieved. An investor who fails to plan, already plans to fail. A set plan of targeted goal towards such an investment will serve as guide and road map to a successful Bitcoin accumulation process..

I largely agree with you that setting a target while investing in bitcoin is cool, but I don't prefer using timeframe to set a target in my accumulation because you might not be motivated to accumulate as much as possible, since you don't have a specific figure in mind, but if you have a target of accumulating like one Bitcoin or more in a specific timeframe, the enthusiasm and commitment will be there because he knows that he has to accumulate X unit of Bitcoin at a certain time, so their will be no room for complacency, and due to the fact that you has a target to meet, you will likely cut out any unnecessary expenses and channel that funds to your investment, so what am trying to say is that it is more better to set your target on achieving X number of btc at a certain time, than just investing with the intention of accumulating till a period of ten years thereabouts.

[sotelorene]

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.

[Edited out]

Yeah, Spending all of our discretionary income immediately feels good in the moment but saving or investing it is what really makes the future safe. Life isn't always stable - illness, loss of job or simply old age can end our income, and that's when the savings from the past become essential.

That is the reason why we need to focus on the future and forget about Those profits we are going to make in the short term, bitcoin investment is supposed to be for future benefit since we still have enough energy to be running around waking very early in the morning and dress up for work, why don't we use that same energy to start investing into bitcoin for future purpose because some day we can start fading away I mean we won't be have the energy to be running around waking very early to work as we used to.

At this point things may get tough for us that's if we don't have any asset at all, there are some people that had the opportunity to invest during thier early stage but due to one reason or the other made them not to invest into any asset not knowing that some day they will get old and won't be having those opportunities they had before. So therefore investing for the future is the best especially those that still have a  Long way to go, is good to start investing for the future so that in the future you won't be facing much difficulties.

Anything less than the long term arrangements for me is below standards, though everybody is entitled to their own opinion but I think that's the only way to better grow your income because the short term plan will always yield lower income so why not settle for the longer which has the probability of yielding better result, this should be the right strategy but I wonder why so many people keep emphasizing on this short term investment plan, it seems like harvesting a crop before harvest season.

Yes you are right it is just long term and trading will have so if it is not long term it is trading and if it is not trading it is long term and long term so far happens to be the best way to go about Bitcoin because of what it will give in the future after holding it. But the problem is that most people are so eager and interested in making profit in the short term which is not the best way to go about Bitcoin because you will either end up losing your trade or selling when you are not suppose to and should endeavor to invest and hold for long.