Buy Buy Buy or Sell Sell Sell?

[SmartCharpa]

Some persons still think of Bitcoin as a ponzi scheme where they will invest little for today and start reaping out huge profits the next day, without a doubt,investing in Bitcoin with this mindset will surely results to disappointment. If someone is investing in Bitcoin for the short term with the purpose of making huge potential gains is making fool of himself because Bitcoin doesn't work like that. However I think the best investment plan when it comes to Bitcoin is the long term plan,it is the best plan suitable for any folks that wants to make something tangible from investing/holding Bitcoin for the long term other than investing for the short term.

I think people who see Bitcoin as a Ponzi scheme where they can put in a little today and expect huge returns tomorrow should be left to believe whatever they want because they are going to learn the hard way. When they keep chasing quick gains and end up losing a lot, they will realize that focusing on long-term profits in Bitcoin is the best way. If they continue investing only for the short term and get nothing in return, they will stop viewing Bitcoin as a short-term nvestment.

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

It’s not bad to be over aggressive with our accumulation even if we set a target timeline for our investment. But it only depends on your plans and target. Some people set up a target for their Bitcoin journey for like 4 to 10 years of holding, then accumulate regularly with the amount they can afford. But if you continue accumulating without considering our other needs, we might be forced to sell. You are right, buying more than your budget will cause too much stress, especially if the market drops down, and perhaps you might need the money in the short term.

[Emjay24]

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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..

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

Setting a timeline doesn't bring pressure unless you set an unrealistic accumulation target within that timeline. It is important that investors set realistic goals, like having your accumulation target as that which can be achieved within your holding period based on your current capacity.

If you set a realistic goal, then your accumulation target and holding period becomes more of a motivation than a pressure pivot. It's possible that the financial ability of the investor might improve overtime, then it becomes necessary to increase your aggressiveness and reach over accumulation stage and then if the investor deems it necessary and wants more, they can reset their accumulation target and get back into the accumulation stage.

Rather than discourage yourself with unrealistic goals at the beginning and pressurize yourself, set achievable goals with respect to your current abilities and adjust accordingly as your financial strength increases.

[Skydrill]

I think the only good we should do for newbies in this thread is letting them know that Bitcoin is the best investment and other coins are shitcoins, and please no one should try to lead people into investment on shitcoins there's a lot of people that has lost there money investing on shitcoins.

I would say I agree with most of your points except this
Bitcoin is the best investment in cryptocurrency for its safety and returns
Because it's the only 'true' cryptocurrency.
But as the best investment is subjective
Everything boils down to the requirements and knowledge of the investor
Currently it's my best investment keeping family constant
Because I value safety, security, a future and potential
There are people out there that would think otherwise
So using one of the best investment is better since its open ended.
Like you said
Newbies need stability
And Bitcoin is the best stability you can get online.  

I like the way you put it, its quite understandable because Bitcoin for me would always be an option and I believe for a lot of people it would also be an option or a choice of investment but not necessarily the best if you do not have a requisite knowledge or any tangible information concerning Bitcoin, but regarding newbies, I think it is best for them to not only be told about the importance of Bitcoin but also to be given those vital information or tips on how to invest or go about their Bitcoin investment for maximum profit.

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.

it all boils down to the fact that some investors often engage the wrong tactics, yes you might have invested lots of money but you have to bare in mind that the market has a fluctuating system which means sometimes your expected returns may not come as you had earlier anticipated but as a smart investor I do not see any reasons to worry since it is only natural that there might be a rise soon and with such positive mindedness I don't think you would be in a hurry to want sell off your stakes, hence it is always better to approach the market with long term plan and with a resolution to wait till it gets to that point where you know you have hit your target.

[DubemIfedigbo001]

I like the way you put it, its quite understandable because Bitcoin for me would always be an option and I believe for a lot of people it would also be an option or a choice of investment but not necessarily the best if you do not have a requisite knowledge or any tangible information concerning Bitcoin, but regarding newbies, I think it is best for them to not only be told about the importance of Bitcoin but also to be given those vital information or tips on how to invest or go about their Bitcoin investment for maximum profit.

If you want a good return for your Bitcoin investment, then go long-term, there is no shortcut to it, the more quantity of Bitcoin you're able to accumulate within your holding period, the more profits you would likely enjoy in the long-term.

Bitcoin is arguably one of the best, if not the best digital performing asset available now and the good thing is that you don't need much knowledge to start accumulating and holding Bitcoin for yourself. The only need a very basic knowledge and to be sure of identifying that you've discretionary income and you can start buying and holding Bitcoin. The good thing is that the Bitcoin you've bought is yours as long as you practice self custody and good security, nobody is tampering with it, so you can continue learning more about Bitcoin as you progress into your accumulation journey. Be sure not to spend too much time learning about Bitcoin theoretically,  Bitcoin is better learned using a practical approach to learning and that involves buying and holding.

For a good strategy, you can choose DCA so you'll have the leverage of buying Bitcoin consistently over a longer period without much stress. If you've a large discretionary income available to you from the start, you can choose to divide it into three parts, lump sum with the first part, use the second part to increase your aggressiveness using DCA and the 3rd part to buy the dip during the price crash.

[Alonso_]

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.

I think people who invest in bitcoin some years ago do so because they trust and believe what bitcoin will be in the future. The reason why some people don't have the mind of holding bitcoin for a long term is because they don't trust bitcoin and believe what they are doing, in this life, you have to believe in everything you are doing to be able to achieve your goal. What people need to do is trust and be patient with what they are doing, no matter of how it is , if you don't trust bitcoin before investing in it, you will always panic when the price drops.

Some people need to understand that bitcoin is not a short-term investment, and that being patient is the best way to hold for the long term. This is why it is not advisable to invest all of your money or money for your daily expenses in bitcoin, because some people lied that they needed money, which is why they decided to sell their bitcoin. As a good investor, your plan should be to continue accumulating bitcoin rather than holding for a short period of time and selling when the price rises.

I also feel some investors with such level of impatient are investigating not with their descriptionary income, there is a whole lot of difference when you meet an investor that is investing in Bitcoin with his discretionary income, their aura is always different, their approach and understanding of the concept of bitcoin investment seems out of this world, bitcoin they do it with a lot of peace of mind, with no anxiousness to withdraw or sell in a short term. The mindset is a strong tool, hence your not properly nurtured with the strategy you should use from the beginning, you might, then those inconsistencies in not having a long term plan will begin to creep in.

For an investor to invest in Bitcoin outside his discretionary income, should that not be a bad investment strategy, because from what I have know and learnt during my time here, that wouldn’t be a good investment strategy, well I guess that is why you feel it’s whole lot of difference if you are to compare with someone that is investing through his discretionary income, if I’m to invest with my discretionary income is more comfortable than investing outside my discretionary income which is quite awkward way of buying Bitcoin for me, and that might just be a premeditated mistake.

[HustleZ]

The good thing is that the Bitcoin you've bought is yours as long as you practice self custody and good security, nobody is tampering with it, so you can continue learning more about Bitcoin as you progress into your accumulation journey.

I really liked that you mentioned self-custody and good security measures alongside investing because thats where many users fall short. They just put money in an exchange or wherever the hell and think they are safe but are actually not.

Self-custody is not just a good practice it is the very foundation of Bitcoin ownership. If your coins are on an exchange they are technically not yours. There have been countless cases where exchanges shut down, freezed withdrawals and got hacked and those people who thought they "owned Bitcoin" lost all their investments overnight.

The real power of Bitcoin is in truly owning your Coins and having your keys in your control. Putting Coins in an Exchange makes using it centralized and that ruins the whole essence of Bitcoin. A simple hardware wallet and a secured backup of your seed phrase can make a huge difference. For larger amounts people also look into multisig setups or splitting backups across trusted locations. It may feel like extra work at first, but it’s what truly separates Bitcoin from traditional finance.

So yes, Long term holding is great but it only makes sense if a person is the True owner of their Coins.

[Kelward]

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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..

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

Every investors will choose a strategy that they want because it's their money but the thing is that it's not every strategy that is a well thought out one for Bitcoin investment. Having a target timeline to sell is a choice but if you want to be very profitable in Bitcoin you'd hold for the very long term like 8 to 10 years or much more. No need to worry about a timeline to sell because it can be a distraction, you'd be flipping your calendar and doing countdown to sell time.

Personally I believe that the best strategy on when to be selling should be during retirement, also leaving some for responsible inheritors. With this in mind you'd just be buying and hodling without worrying about the perfect target timeline to sell. So far you have active discretionary funds you'd keep buying and when you get that lump sum you'd buy aggressively.

[Merit.s]

It’s not bad to be over aggressive with our accumulation even if we set a target timeline for our investment.

It's wrong for any long term bitcoin investor to be over aggressive in his bitcoin investment because he is using the amount of money beyond his discretionary income and that means that he's gambling. This is because when his needs arises, he will have to sell part of his bitcoin investment at loss especially, if bitcoin price is below his entry point. Such investor will regret his action and that can discourage him from continuing his bitcoin investment because he might think that's how he will always run at loss.

This is the main reason why a bitcoin investor shouldn't invest beyond his discretionary but from his discretionary income so that, he can continue hodli and keep his bitcoin accumulation ongoing with persist and consistent for 4-10 years and above. It's very important for a new investor to calculate how much is his discretionary income and invest with an amount of money from his discretionary income that wouldn't put pressure on his financial system. It's not by the amount of bitcoin that you buy but it's all about consistent and persistent accumulation overtime no matter how small the amount is.

[Sonia_123]

Some persons still think of Bitcoin as a ponzi scheme where they will invest little for today and start reaping out huge profits the next day, without a doubt,investing in Bitcoin with this mindset will surely results to disappointment. If someone is investing in Bitcoin for the short term with the purpose of making huge potential gains is making fool of himself because Bitcoin doesn't work like that. However I think the best investment plan when it comes to Bitcoin is the long term plan,it is the best plan suitable for any folks that wants to make something tangible from investing/holding Bitcoin for the long term other than investing for the short term.

I think people who see Bitcoin as a Ponzi scheme where they can put in a little today and expect huge returns tomorrow should be left to believe whatever they want because they are going to learn the hard way. When they keep chasing quick gains and end up losing a lot, they will realize that focusing on long-term profits in Bitcoin is the best way. If they continue investing only for the short term and get nothing in return, they will stop viewing Bitcoin as a short-term nvestment.

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

It’s not bad to be over aggressive with our accumulation even if we set a target timeline for our investment. But it only depends on your plans and target. Some people set up a target for their Bitcoin journey for like 4 to 10 years of holding, then accumulate regularly with the amount they can afford. But if you continue accumulating without considering our other needs, we might be forced to sell. You are right, buying more than your budget will cause too much stress, especially if the market drops down, and perhaps you might need the money in the short term.

If anyone chooses to be aggressive it all depends on his income he makes always in as much as he his prepared for it and can manage his over aggressiveness without affecting his investment or his personal life. It is advisable that before you start your journey of aggressive investment, you must have provided additional source of income to your already income to make a smooth journey because you cannot start being aggressive with your initial income that you used in starting your investment, that means you will be over doing it and it will definitely affect your investment, which you will have to pause your investment or start selling off your investment to meet up your needs, which is not just right at all.

[HajiBagi]

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.

I don't understand why you are mixing Bitcoin holding with trading, if you are holding Bitcoin for a long term then you should not think twice otherwise your investment may be lost. You should limit yourself to holding Bitcoin only, holding Bitcoin for a short period of time can lead to losses. So holding Bitcoin for a long term is the most profitable and the benefits will be more, that's why if you want to hold Bitcoin for a long term then you must follow the DCA method to buy Bitcoin.
If you buy Bitcoin following the DCA method, it becomes much easier to keep it for a long time by buying it weekly, due to which buying Bitcoin using the DCA method definitely has the highest chances of success. Because the DCA method helps the most in buying Bitcoin deep.

Anyone who invests in Bitcoin and continues to think otherwise will be unable to hold for the long term. I'm not sure if some people understand bitcoin before investing in it, before investing in bitcoin, you must believe that bitcoin is a long-term investment. I believe that the reason why some people always doubt bitcoin when they buy is because they invested all of their money at once, expecting to sell when the price rises.

What some people need to understand is that investing all of their money does not guarantee that you will make a higher profit or earn more than other investors, you should know your limit and invest in such a way that you will not be pressured to sell your bitcoin whenever you have a financial problem, investing by using DCA method has been the best way for many investors and using that method is the best.

[Mario0]

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

The way this works is that they need to know exactly what they want to do because how can you do this without proper control and planning has a target of what you want to archive? People can also be inconsistent because they did not set a target. It's simple math the more you accumulate, the more you project the profit you get in return. It's not just about profit; it's an asset, and how you manage it matters. Some people invest with a goal, while others invest simply because everyone else is investing.

Making all of these decisions in advance also helps a lot; rather than thinking about what they want to do, simply buy people will regret not buying sooner. Therefore, there is still a chance for consumers to purchase and hold.

[Silikiem]

It’s not bad to be over aggressive with our accumulation even if we set a target timeline for our investment.

It's wrong for any long term bitcoin investor to be over aggressive in his bitcoin investment because he is using the amount of money beyond his discretionary income and that means that he's gambling. This is because when his needs arises, he will have to sell part of his bitcoin investment at loss especially, if bitcoin price is below his entry point. Such investor will regret his action and that can discourage him from continuing his bitcoin investment because he might think that's how he will always run at loss.

This is the main reason why a bitcoin investor shouldn't invest beyond his discretionary but from his discretionary income so that, he can continue hodli and keep his bitcoin accumulation ongoing with persist and consistent for 4-10 years and above. It's very important for a new investor to calculate how much is his discretionary income and invest with an amount of money from his discretionary income that wouldn't put pressure on his financial system. It's not by the amount of bitcoin that you buy but it's all about consistent and persistent accumulation overtime no matter how small the amount is.

Fair enough, it is good to be aggressive in accumulating bitcoin if you have the income but not to be over aggressive. For an investor to be Overly aggressive it means he’s over doing it and he’s no longer doing it within his reach, it’s just like someone who’s gambling or staking more than he’s earning which is really a bad approach. Aggressive buying should be done within one’s financial capabilities in such a way that it’s not going to negatively affect you in the future, this is why even if you’re accumulating aggressively always do that with your discretionary , anything above that level is Over doing it which of course have a negative affect in the future. Most investors go into borrowing to invest in bitcoin which for me is an over aggressive way of doing it which is not good.

[Miramax12]

Some persons still think of Bitcoin as a ponzi scheme where they will invest little for today and start reaping out huge profits the next day, without a doubt,investing in Bitcoin with this mindset will surely results to disappointment. If someone is investing in Bitcoin for the short term with the purpose of making huge potential gains is making fool of himself because Bitcoin doesn't work like that. However I think the best investment plan when it comes to Bitcoin is the long term plan,it is the best plan suitable for any folks that wants to make something tangible from investing/holding Bitcoin for the long term other than investing for the short term.

I think people who see Bitcoin as a Ponzi scheme where they can put in a little today and expect huge returns tomorrow should be left to believe whatever they want because they are going to learn the hard way. When they keep chasing quick gains and end up losing a lot, they will realize that focusing on long-term profits in Bitcoin is the best way. If they continue investing only for the short term and get nothing in return, they will stop viewing Bitcoin as a short-term nvestment.

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

It’s not bad to be over aggressive with our accumulation even if we set a target timeline for our investment. But it only depends on your plans and target. Some people set up a target for their Bitcoin journey for like 4 to 10 years of holding, then accumulate regularly with the amount they can afford. But if you continue accumulating without considering our other needs, we might be forced to sell. You are right, buying more than your budget will cause too much stress, especially if the market drops down, and perhaps you might need the money in the short term.

absolutely dude you are actually very correct on this, having a strict timeline can sometimes do more harm than good especially with something as volatile and unpredictable as Bitcoin. the pressure is to hit a target, can easily lead people to make emotional decision like overbuying during hype or panic selling too early just to meet a goal. personally i see Bitcoin more as a long run hedge than a timed investment. just keep stacking what you can afford and let time do its thing, no need to rush or set artificial deadlines. 

[SOKO-DEKE]

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

Why should someone target period they will stop accumulating their Bitcoin investment especially when the person not that it saving funds to purchase a car or house? In this case, it's a Bitcoin investment, and it can be a continue even lifelong investment.for example, when someone reaches a point of accumulation and realizes they are already in profit, that might be the time they consider selling some of their Bitcoin and funding certain projects. However, this doesn't mean you need to sell all your Bitcoin at once and start flexing with the funds.That is not the best way to approach investing.As someone who believes in Bitcoin, I honestly don’t have a specific target like, This is the period I want to stop investing.” My goal is different. I have the mindset of holding for the very long term. It's very possible that I’ll only take profits from time to time and redirect those gains into other investments.

[JayJuanGee]

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..

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

Every investors will choose a strategy that they want because it's their money but the thing is that it's not every strategy that is a well thought out one for Bitcoin investment. Having a target timeline to sell is a choice but if you want to be very profitable in Bitcoin you'd hold for the very long term like 8 to 10 years or much more. No need to worry about a timeline to sell because it can be a distraction, you'd be flipping your calendar and doing countdown to sell time.

Personally I believe that the best strategy on when to be selling should be during retirement, also leaving some for responsible inheritors. With this in mind you'd just be buying and hodling without worrying about the perfect target timeline to sell. So far you have active discretionary funds you'd keep buying and when you get that lump sum you'd buy aggressively.

It seems that if anyone considers themselves a life-long investor into bitcoin, then they would need to spend 1 to 2 or maybe even 3 cycles accumulating bitcoin.  They might develop some kind of a formula to figure out if they have enough bitcoin or more than enough bitcoin.  It can take a while to get through the accumulation stage.

Then after a person reaches the amount of bitcoin that he considers to be enough or more than enough, then he may well engage in a kind of maintenance of the stash.. perhaps a whole cycle and largely the maintenance stage would be a stage that the guy neither buys nor sells, but just maintains his status of having enough bitcoin or  more than enough bitcoin. 

The sustainable withdrawal stage would be the next stage, which means that the guy can start to sell from his overaccumulated amount without ever falling below overaccumulation status, so he figures out how much he can sell without causing his bitcoin to go down in value more than it is gaining value.  If a guy is selling way below his overaccumulated amount, then he retains room to splurge every once in a while too.

I personally think that if any of us are able to establish how much income we are going to need per year in order to maintain our lifestyle, then that is a good way of measuring if we have enough or more than enough BTC.... which will help us with our transition from accumulation stage to maintenance stage and then to sustainable withdrawal stage.

[Churchillvv]

I personally think that if any of us are able to establish how much income we are going to need per year in order to maintain our lifestyle, then that is a good way of measuring if we have enough or more than enough BTC.... which will help us with our transition from accumulation stage to maintenance stage and then to sustainable withdrawal stage.

Perhaps to an extent I would also want to see a good number of us here figure out how much we want to keep accumulating in order to reach the over accumulation phase however, with a good amount one can and/or would be able to reach such goal before and/or after 3 cycles hence, perhaps most of us here excluding you and few others, have not been able to stay accumulating for 2 cycles judging from our registration dates yet in due time and if consistent enough sooner or later some of use would be reach that stage of sustainable withdrawal yet not me either as perhaps I would still have to keep accumulating.

[Showlove01]

Some persons still think of Bitcoin as a ponzi scheme where they will invest little for today and start reaping out huge profits the next day, without a doubt,investing in Bitcoin with this mindset will surely results to disappointment. If someone is investing in Bitcoin for the short term with the purpose of making huge potential gains is making fool of himself because Bitcoin doesn't work like that. However I think the best investment plan when it comes to Bitcoin is the long term plan,it is the best plan suitable for any folks that wants to make something tangible from investing/holding Bitcoin for the long term other than investing for the short term.

I think people who see Bitcoin as a Ponzi scheme where they can put in a little today and expect huge returns tomorrow should be left to believe whatever they want because they are going to learn the hard way. When they keep chasing quick gains and end up losing a lot, they will realize that focusing on long-term profits in Bitcoin is the best way. If they continue investing only for the short term and get nothing in return, they will stop viewing Bitcoin as a short-term nvestment.

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

It’s not bad to be over aggressive with our accumulation even if we set a target timeline for our investment. But it only depends on your plans and target. Some people set up a target for their Bitcoin journey for like 4 to 10 years of holding, then accumulate regularly with the amount they can afford. But if you continue accumulating without considering our other needs, we might be forced to sell. You are right, buying more than your budget will cause too much stress, especially if the market drops down, and perhaps you might need the money in the short term.

If anyone chooses to be aggressive it all depends on his income he makes always in as much as he his prepared for it and can manage his over aggressiveness without affecting his investment or his personal life. It is advisable that before you start your journey of aggressive investment, you must have provided additional source of income to your already income to make a smooth journey because you cannot start being aggressive with your initial income that you used in starting your investment, that means you will be over doing it and it will definitely affect your investment, which you will have to pause your investment or start selling off your investment to meet up your needs, which is not just right at all.

I disagree with you mate, you don't need or have to get an additional source of income before you can be aggressive in your investment, aggressiveness is a function of how big your discretionary is or aggressiveness is as a result of strong discretionary income. Remember when you are Investing aggressively you don't need to touch any other funds than your discretionary and anything that makes you touch other funds is a wrong thing or wrong approach because it's only our discretionary that is meant to be touched while we carry out Bitcoin investment whether aggressive or not. All an investor need to do before investing aggressively is to build up a good and huge discretionary and everything is settled.

[SilverCryptoBullet]

I disagree with you mate, you don't need or have to get an additional source of income before you can be aggressive in your investment, aggressiveness is a function of how big your discretionary is or aggressiveness is as a result of strong discretionary income. Remember when you are Investing aggressively you don't need to touch any other funds than your discretionary and anything that makes you touch other funds is a wrong thing or wrong approach because it's only our discretionary that is meant to be touched while we carry out Bitcoin investment whether aggressive or not. All an investor need to do before investing aggressively is to build up a good and huge discretionary and everything is settled.

With same investment capital, you can invest gradually or aggressively, it's my thinking, that means I disagree with you.

Investment aggressively or not, it does not require to have extra (additional) source of income or investment capital. It's only matter that whether you want to DCA gradually or want to purchase bitcoins aggressively. Assuming with same investment capital as $1,000, you can gradually DCA in 10 months or your can purchase bitcoins more aggressively in 5 months or 3 months or 2 months.

Of course with DCA strategy, it's always better if you can have regular investment purchases and can have new investment capital with time rather than 100% rely on your investment capital at beginning and plan how to use it with time. Like you can start with $1,000 investment capital, plan to use it for purchasing bitcoins in 10 months, but it's better if with time, each month you can save part of your income and have like $50 or $100 more new investment capital. That will sum up your investment capital to bigger than $1,000 with months.

[HustleZ]

I disagree with you mate, you don't need or have to get an additional source of income before you can be aggressive in your investment, aggressiveness is a function of how big your discretionary is or aggressiveness is as a result of strong discretionary income. Remember when you are Investing aggressively you don't need to touch any other funds than your discretionary and anything that makes you touch other funds is a wrong thing or wrong approach because it's only our discretionary that is meant to be touched while we carry out Bitcoin investment whether aggressive or not. All an investor need to do before investing aggressively is to build up a good and huge discretionary and everything is settled.

I have To Disagree. Having a steady source of income before going aggressive is very crucial because discretionary funds don't just appear out of nowhere. They are created and replenished by Steady Income. If someone invests heavily without securing a secure and sonsistent cash flow their "huge discretionary income" can dry up very quickly and when the Market Dips, They may be forced to touch other essential funds (which you rightly said is wrong). A strong income stream provides with sustainability and flexibility in aggressive investing, while also protecting against the risk of running out Investing capital.

[Tungbulu]

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..

It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.

Every investors will choose a strategy that they want because it's their money but the thing is that it's not every strategy that is a well thought out one for Bitcoin investment. Having a target timeline to sell is a choice but if you want to be very profitable in Bitcoin you'd hold for the very long term like 8 to 10 years or much more. No need to worry about a timeline to sell because it can be a distraction, you'd be flipping your calendar and doing countdown to sell time.

Personally I believe that the best strategy on when to be selling should be during retirement, also leaving some for responsible inheritors. With this in mind you'd just be buying and hodling without worrying about the perfect target timeline to sell. So far you have active discretionary funds you'd keep buying and when you get that lump sum you'd buy aggressively.

It seems that if anyone considers themselves a life-long investor into bitcoin, then they would need to spend 1 to 2 or maybe even 3 cycles accumulating bitcoin.  They might develop some kind of a formula to figure out if they have enough bitcoin or more than enough bitcoin.  It can take a while to get through the accumulation stage.

Then after a person reaches the amount of bitcoin that he considers to be enough or more than enough, then he may well engage in a kind of maintenance of the stash.. perhaps a whole cycle and largely the maintenance stage would be a stage that the guy neither buys nor sells, but just maintains his status of having enough bitcoin or  more than enough bitcoin. 

The sustainable withdrawal stage would be the next stage, which means that the guy can start to sell from his overaccumulated amount without ever falling below overaccumulation status, so he figures out how much he can sell without causing his bitcoin to go down in value more than it is gaining value.  If a guy is selling way below his overaccumulated amount, then he retains room to splurge every once in a while too.

I personally think that if any of us are able to establish how much income we are going to need per year in order to maintain our lifestyle, then that is a good way of measuring if we have enough or more than enough BTC.... which will help us with our transition from accumulation stage to maintenance stage and then to sustainable withdrawal stage.

If you happen to look at a life long investor's journey, you'll see that it does really unfold in phases that actually build on one another. They start with the accumulation stage, which most likely may last through 1-3 full cycles. Within this period or phase, the investor's only job is stacking up as many sats as they can, building up a position with that mindset of not just speculating for a short term gain, but aiming for a point of security and sufficiency. The central idea here shifts from making some quick profits to "having enough" and the reason for this is because, if there's actually no sort of benchmark, a person could potentially fall into the trap of Accumulating endlessly without a purpose. And then the investor should realise that Accumulation shouldn't really be about building an endless stack of Bitcoin but more about reaching a kind of a sustainable threshold that'll support future stages.

And once an investor reaches this stage, their strategy naturally shifts into maintenance. Although this stage is often overlooked by a lot of investors, but it's in fact a very crucial and critical stage because it requires the investor to completely change their mentality. Rather constantly wanting to capitalise on DIPs and worrying about missing opportunities, they're comfortable with the mindset that they've reached an overaccumulation status and already have enough. This maintenance phase is more about protecting what you've spent your whole life building and no longer about adding or subtracting. The investor focuses more on tightening up their security, refining their self custody practices and make sure that they maintain their stash across the ups and downs of the market. Psychologically, this can be very liberating, because the investor can have the peace of mind and comfort in the fact that their position is strong enough.

Now if an investor is able to have accumulated more than enough or reached a fuck you status, then comes the final stage which is the sustainable withdrawal stage. In this phase, the investor begins to withdraw from their investment without undermining their long term position. The logic at this point is quite simple, withdraw less than the average growth of Bitcoin, so that even when you make those little withdrawals, the base stacks still continues to grow and replenish the withdrawals you've made. This is equally the final stage that gives/offers investors the enjoyment and flexibility, because once the core needs are covered, the investor is free to use the the excess for personal enjoyments or explore other opportunities without having that fear of their stash going below the threshold of enough or overaccumulation status. It's more of a balance between preserving the foundation of your investment for the future and still living off the benefits Bitcoin provides.

When you put all these together, you'll find out that the cycle makes a lot more sense. The main purpose of the accumulation stage is to build their investment to their goal, maintenance phase becomes about holding your ground when you've finally reached your goal and the last phase which is the sustainable withdrawal is about reaping the rewards of your labour responsibly.