I will admit that when bitcoin dip, it can fell tempting because people know that bitcoin is valuable and they want to now get it for lower prices. But there is a cost for that. But nobody know when the market will fall. The price can fall very well today and tomorrow the price can retarce and go back to it previous price. Nothing is guaranteed, that is why it is pointless for person to think that dip is best time to buy.
Person who is just starting should have no business timing market , their priority should be how to increase the size of their Bitcoin stash by ongoingly investing using only their discretionary income instead of trying to outwit the market.
It's difficult to know when the market price will decline. So when the price is already falling what's important is to increase our purchasing power so we can accumulate more assets to invest in for the long term. On the one hand falling prices are good for those looking to buy but for those who have already accumulated a large amount it's sometimes not so profitable. They tend to buy when the market price is stable and hasn't yet declined. This is something they can't accept. However whether we accept it or not depends on the individual as market conditions are sometimes unpredictable making us always in a stable position when making purchases especially since we certainly don't profit from the current price decline. If we knew when the price would drop and how long it would stay at its lowest point, we would all be rich, but the fact is that even professional analysts cannot predict with 100% accuracy when the price will drop. Guessing prices is like wasting time and making you more stressed. In my opinion, the best solution is to change your perspective from price to the number of coins. Bear market is a harvest season for those who have cash. If you want to get an average price when buying regardless of price increases/decreases, start implementing the DCA strategy. Even if you don't feel like you're profiting from the current price drop, you're profiting from the amount of assets you've consistently accumulated before the price rises again. Of course it is a very good thing if we really know the movement of the fund market as you say we will be rich because we know clearly when to buy and sell but yes I agree with what you say even a professional analyst does not know clearly the movement of the market accurately. What I think is when an investor focuses on the price it's more like trading instead of investing and yes this can make him stressed because the market price tends to miss our own predictions. The thing that must be emphasized in investing is buying and maintaining it, especially if the strategy used is the DCA strategy which of course buying consistently is the right support for long-term investment. |
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Financial base refers to a source from which we get income. Many people get income but cannot find extra money that they can use for investment. So even if there is income, if there is no money to invest, then it is not possible to invest. So if someone is sure that after meeting his necessary expenses, he has a reasonable income that he can use for investment, then he can start investing. And no matter how small the amount of reasonable income is, there is no problem. Small amount is not a barrier to investment. So if there is reasonable income, then one should start without delay and increase the amount over time.
I think one should mostly focus on sustainability before investing properly in Bitcoin using discretionary income. Why do I say sustainability? Someone can have a decent income and still be unable to do DCA or have some kind of discretionary income to invest. He or she might have a financial leak that eats up their funds. Until one finds that leak and address it then investing in Bitcoin becomes easy. The main is here is to stay consistent in it once one has started. Whether inflation or any other matters arises. Consistency is the ultimate. With that you say it meneggarah on money management, someone who already has income or salary should be able to manage their finances well with the first step is to meet the needs and after that there are discretionary funds that can be used to invest and I believe there are people who are bad money management so even if he has income it can not make him make an investment but on the other hand when someone is interested in something then he will do it like investing for example, even people who have no income can do it if they already have the intention. |
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I actually do not think so , focusing on stats helps get analysis right to an extent,but many feels statistics is a sure way to win bet and can be 100% guarantee,that is why it feels like people who focuses so much ,loses so much as well,it all depends on how they treat it ,if not betting cannot be viewed in such a way ,so to reduce the loses ,we should minimize the way we think about stat and also channel our energy in other method .
Obviously there is no certainty that is a guarantee in gambling to get a win, now with sports betting that there are indeed statistics that can be relied on to win but even so does not mean defeat will not happen, as well as any effort we do defeat will still definitely happen. And it's not wrong also I think focus on statistics because the goal is to win but the fear is because too focused this can make betting difficult to dismiss, as you said all depends on how they react to it, and precisely a big loss will not happen if we can bet with according to our ability, according to limits and money that is ready to be harmed. |
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You don't even need to be investing to have an emergency fund, this is the mistake most people make and that why even though they are probably buying bitcoin now they still don't see the need for having an emergency fund, they have this false belief that they will be able to handle whatever comes their way, forgetting to realize that the way to handle whatever comes their way is to have their emergency fund ready to handle those unexpected situations, emergencies are emergencies because no one knows when they will happen.
I think those who invest without an emergency fund are making a big mistake, even though the emergency fund isn't needed immediately. But every problem that arises without us realizing it is what allows us to solve it by having an emergency fund. It will not be possible to succeed in investing if someone does not have the funds because investing without having the funds I think when a problem comes to them, of course one of the things they have to do is to touch the amount that we have collected, but it is different with the emergency fund, of course the amount that we have collected does not need to be touched again because we can solve the situation with the emergency fund, so the mistake of the current party in failing to invest is by not having the emergency fund, even though the emergency fund is not immediately needed, but we only prepare the situation to protect the amount that we have collected so that we do not need to touch it when a situation occurs that we have to solve. Although this emergency fund has an important element regardless of whether we invest or not, but it's not a big mistake to also invest without an emergency fund, it means to start investing, you don't need to wait for an emergency fund first because investment can still be done without an emergency fund but that doesn't mean forgetting completely if you can do it at the same time because as I said regardless of whether we are innovating or not, we still need to have an emergency fund. With the use of emergency funds in life is to overcome the urgency of the situation and if the investment is running emergency funds would be a protector for the investment itself so as not to be disturbed by the urgency of the situation. Investing with an emergency fund does not guarantee success because we do not know what the future will be like, but obviously starting an investment does not have to wait for an emergency fund first and investment should go well with an emergency fund. |
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That is why every person can invest in Bitcoin and hold Bitcoin using discretionary income if he has the ability to take risks. Investing in Bitcoin using the DCA method will definitely be the most successful, and he will also be able to sustain his Bitcoin investment for a long time, for which it is necessary to follow a few strategies. If that person has a good amount of discretionary income, i.e. if his income source is good, then he can follow the DCA method in Bitcoin with more money.
And if his income is low. if his discretionary income is small, he can invest in Bitcoin with that money too, but if he follows the DCA method and invests in Bitcoin with the smallest amount on a monthly or weekly basis, then after a long time, his portfolio will definitely be able to grow.
In long-term investment, consistency is more important than quantity. And an investor can start investing by deciding the amount from whatever discretionary income he has, that is, the main thing is that his daily and necessary money is not at risk and it is easy to maintain long-term investment. Those who have a large discretionary income can invest more money and DCA is also effective for those who have less. Having a small amount is not a problem and the amount can be increased gradually over time. It is important to invest based on a long-term plan, considering your ability and risk-taking ability. I agree with your statement. Because the most important thing in long-term investment is to survive, not to invest a large amount of money at once. Consistency is more important than quantity. If someone invests regularly every month according to their ability, then they have the opportunity to build wealth regardless of market fluctuations. On the other hand, if they invest a large amount once and then fail to continue, their long-term plan becomes weak. Consistency is key for a long-term Bitcoin strategy, I agree. A lot of the people over think the biggest dip and they forget that no one can say what the bottom will be. A systematic DCA removes that stress and helps to control emotions. But, the amount of the investment is less important than the discipline of investing only what you can afford. Your income will increase, so you can always increase your DCA amount without affecting your finances. Patience and slow-and-steady gains are the keys to HODLing for long-term profit, and patience is the name of the game. Being consistent is the key to a long-term Bitcoin Strategy, and it goes hand in hand with the DCA strategy, which is easy to understand and easy to implement. In accordance with our own ability in terms of budget, DCA does not force us to buy large amounts even people without a fixed income can do it, therefore with a fixed income it becomes a good support for implementing the DCA strategy. Even if the income increases it is up to us to also increase the number of purchases or not, regardless of the increased finances the DCA strategy prevents stress from occurring because we only need to focus on purchases not by monitoring prices every day. |
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You can combine strategies to buy Bitcoin but it is better that DCA is among them because you don't have to wait for lump sum or dip before you buy, It's not a good option trying to combine almost every strategies to buying your bitcoin in your bid for bitcoin investment accumulation. You gonna suffer the complexity trying to walk around each strategy at once just to decide which one of the strategy to use at any market price action. If an investor wanna be doing lump sum buy then let him focus on that and be doing it without worrying about price dip or rise, and same applies for using the DCA strategy which appears to be the most commonly used by many bitcoin investors. In fact, one should not wait for the market price to fall to invest in Bitcoin. It is always better to follow the DCA method to invest in Bitcoin. However, it is true that those who want to make a one-time investment and want to invest a large amount of money can invest half of it from the instant market and leave half of the large amount to invest in the DCA method. When an investor invests in the DCA method, he does not have to worry about the market and if he invests in the DCA method, that investment can see success in a short time, so I say that of course, if any investor wants to invest a large amount of money, it is better to follow the DCA method. Waiting for the market price to drop to make purchases that are either periodic or large amounts at once is the same as delaying investments that can actually be made right now. With one of the strategies that can be applied, DCA opens up wide opportunities for anyone to be able to invest even with a small amount, this can be done because basically DCA is done depending on our own ability and with the time of purchase we determine ourselves by doing it consistently and can hold it for example in the next four years. That's right, someone who invests in Bitcoin does not need to worry if the investment he makes uses the DCA strategy, it is better to focus on cash flow which determines that investments must be made consistently. |
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I think that the chances of winning by gambling with the advice of others never increase because you have to depend on luck to win. If luck is good, the gambler wins, and if luck is not good, it is never possible to win. Therefore, it is very important to do your own research, as this will help you maintain self-control and protect yourself from big losses. Therefore, it is wise to gamble based on your own research.
In the case of games of chance that depend on luck to win, people don't need advice from anyone, because these are games where there are no strategies to win, they only depend on luck. Now, in the case of sports betting, which depends on skill, then people need to study a lot about sports betting so that they don't end up listening to other people's advice. I, for example, analyze football matches on my own and don't listen to anyone. Whether I win or lose, I accept the consequences because I personally analyzed the games. It may depend on the type of game as well because some gambling games do require skill or strategy, but even this does not guarantee victory will be obtained only increase the chances of winning which can indeed be used as well as poker games which are certainly wrong if you do the game without any understanding of how to play. But I agree with what you say in gambling of course to be able to win then this depends on luck, even with games that require skill it also requires luck to be able to get the victory. |
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In the end, Spain deservedly beat Argentina, and Spain went on to win the World Cup, even by just a single goal. I didn't find the match itself exciting,even the match between France and England yesterday was much more exciting. Argentina simply didn't make any significant moves and statistically they were significantly behind. This was absolutely insane to me because I expected a lot of attacking, but Argentina only attacked occasionally, and you could count them on one hand. Congratulations to Spain on their World Cup victory it's time to celebrate.  |
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If you wait to build an emergency fund before you start investing, you might take forever. Best way is to put small if your small savings as emergency funds as you grow it and start investing. The aim here is to just start and stop delaying using many excuses why you haven't started and so on.
Risk what you can afford to lose is a term used by traders. And we are not traders but investors. I think the better term to use is investment funds that you are comfortably willing to lock away.
However, if you do it simultaneously I don't think it's a significant obstacle. If you accumulate an emergency fund you have to delay investing. That's the problem. Waiting isn't the path to success it's a dead end to the goals we dream of. Instead it leads to delays. This is because we prefer to accumulate an emergency fund rather than simultaneously. Delaying this will always be followed by delays. Therefore I think it's better to do it simultaneously because this can work both ways both for investing and for accumulating an emergency fund as we desire. I believe we must be brave in taking risks especially when we must be prepared to experience losses in investing. It's impossible for someone to trade without spending capital to meet the demand of those who want to buy. This illustrates that in trading there is no such thing as not experiencing losses. You can be sure that after experiencing risk there will certainly be a time when someone will experience a good and safe investment locking in the profits they will have after experiencing the losses they made at the beginning of their investment. Unlike that, building together does not mean delaying investment because like the sentence "together" then this is done hand in hand with discretionary income that is divided evenly according to what we want so this investment and emergency fund can be fulfilled if you really want it like that then it can be done, but for example you want to focus on one side like iinvestment so discretionary income is fully invested it doesn't matter if it is done occasionally because however do not ignore emergency funds that have an important role too. Delays may occur due to sudden financial mess but the statement is that the investment that has been done must be maintained and if it can be done consistently with the DCA strategy, one of which is indeed supportive. Even if you postpone it, maybe another option is to change the purchase Time which is longer enough for the purchase period, for example from once a week to once a month. |
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Gambling is for anyone, but mainly this is not suitable for all kalanagan because for people who in my opinion have a weak mentality should not do gambling because even those who have a strong mentality they can be made weak by defeat which is a factor in the end result of gambling done with a big chance that must happen. The task for people who are not ready with a disappointing hasl then you should not do gambling because this can make them fall deeper diperjudiian. Even with people who previously could have discipline also experienced a change for the worse, gambling is not just about betting but about controlling themselves as well.
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Getting maximum winnings in gambling is a difficult thing, not everyone who plays can be lucky to get maximum winnings, although basically this is one of the things that everyone who gambles wants but this problem cannot be forced to get. We only need to play reasonably so that bad things don't happen like big losses or losing large amounts of money because we are chasing big wins. Lucky for those people who once got the maximum winnings, but whether the winnings are equivalent to the amount of losses during gambling or not, it may not be.
It’s true and chance of hitting it is sometimes much lower than winning a lottery so it’s not really worth it to chase for unless you have huge bankroll and love to play slot games in your normal form of entertainment. The good thing about slot is you can play it quickly per round compared to lottery that the result is just once or twice a week that’s why it’s seems quicker to hit max win compared to lottery and also the number of bet we are taking has significant difference. Nevertheless, hitting max win is the most satisfaction experience of every gambler.  Well even with having a large capital is not a guarantee that we will be able to win, because basically this random gambling can not be predicted kiita can get a win with a small capital and we can experience defeat with large capital though so from that no one knows the end result of gambling that we do. Lucky for people who can indeed get a big win with a small capital because this is a rare occurrence. The point is not to chase victory because this can make us experience big losses. |
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And there people that even if you advice them to have discretionary funds and emergency funds they won't take it seriously but with time they would know how important it is and that way people will not take chances next time and that is why some people will always tell you that experience is the best teacher and it is true when you tell them they don't believe then they will learn the hard way after selling what they own.
I don’t know why people are getting this wrong, it’s not important to have emergency funds before starting Bitcoin investments but a lots are still never getting the facts about it. Bitcoin is a great asset that each an everyone can start with any amounts of money, not until he/she wait to get the discretionary fund or emergency fund before they can invest, because if that should be the case I’m sure that a lots will never be able to invest in the Bitcoin; we all know that learn and getting experience on the investments works is good, but not that it’s important to seek for emergency funds first we should stop confusing people that have interest to invest especially newbie’s. You are right, there is no obligation to create a complete emergency fund and then invest in starting an investment. An investor can create an emergency fund after starting an investment or along with starting an investment. However, he can consider for himself how long an investor can live with an empty fund. Everyone's lifestyle is different, so he can decide for himself by considering who has what expenses and when and what he may need. However, if an investor thinks that he is unlikely to have an emergency need after starting an investment and that he does not have an emergency situation, then he can start without creating a fund. However, I think that every investor needs an emergency fund and should not stay with an empty fund for a long time after starting. An emergency fund should also be created along with investing, even if it is a very small amount. Because this is what will protect our investment in unexpected situations. The major aim is for investors not to delay getting started with bitcoin investment because of them not having an emergency funds available to them at the moment and not really because they think or feel that they are unlikely not going to have any emergency need or situation at the time of their startup, such assumption is wrong and highly delusional because emergency situations doesn’t plan itself nor does it pre-inform us before they can occur, they can occur at any moment and any seconds. The emergency funds is really important for a bitcoin investor and not just a bitcoin investor but to all and sundry as it helps us not to tend towards selling off our assets or investments when in a emergency situations, that being said, not having it ready shouldn’t be a barrier why we shouldn’t get started with investing in bitcoin as we can always start buying bitcoin if we have available discretionary income and along the line we must make sure to build up the emergency funds while buying bitcoin in such a way that when we receive a discretionary income we can allocate some percentage of it towards buying bitcoin and hold and another percentage of it to be kept specifically for building the emergency funds, that way can help. Yes, having an emergency fund is not a benchmark for someone to start investing, because even if they don't have an emergency fund, an investment that can basically be started is no longer a reason to postpone it. On the other hand, it does not mean do not ignore completely about emergency funds, when investments have been made as much as possible to be able to pay attention to emergency funds also by building them slowly according to our own abilities, as well as investments made. Because the purpose of the use of emergency funds is certainly enough to help investments made so as not to be disturbed or as you say do not tend to sell our assets or investments when in an emergency or urgent situation. |
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By the way, I think I know the game you are playing; isn't it a sweet bonanza ?
Close enough, but wrong  I don't know much about slot games, especially fruit-themed ones; that is all I know. Maybe, you could share what games you play. Because, maybe I might also get lucky by trying the same slot games you have played By the way, I also won big in the sweet bonanza game, but as far as I remember, I never felt the maxwin there. Getting maximum winnings in gambling is a difficult thing, not everyone who plays can be lucky to get maximum winnings, although basically this is one of the things that everyone who gambles wants but this problem cannot be forced to get. We only need to play reasonably so that bad things don't happen like big losses or losing large amounts of money because we are chasing big wins. Lucky for those people who once got the maximum winnings, but whether the winnings are equivalent to the amount of losses during gambling or not, it may not be. |
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I know that in neighbor country games like crash (rocket) and mines were most popular among bloggers who were pulling people from instagram and telegram. A lot of people were complaining that they were promoting scam casinos or their own telegram casino games. Those bloggers have earned huge amounts of money, but those two games got a very negative reputation. When people mention crash, people instantly draw parallels with those bloggers and scam.
The bad reputation that Crash Game has here is not about its scam on Telegram—it's not as if it doesn't exist; it’s about how our country people have easily been addicted to the game. They see it as where they could easily make some fast money, but they always end up losing it all and getting too attached to it. It got to a point where in each place where a few young men are gathered, there is a high chance of you hearing the plan crash from someone's phone, even when the gathering happens to be about something serious. This is the reason why many youths lose concentration since they are always after airplane games to make profits. This is really reprehensible as gambling is not a rightful means of earning money. Social media has a harmful trap on immature minds. Quitting this game will save a lot of money and time to every one. Aircraft games are quite popular in my environment, not a few young people who do gambling with this type of Game. I've played it and I think this also depends entirely on the luck of each but I see my friend who is very happy with this game so he is looking for a strategy to get a win and what he gets is a group to share signals or information where there is information the right time to start and exit, but even so the victory is not easy he can get that's why I believe this is also a game that depends on luck. |
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To some point I don't think investing in Bitcoin for long term should make us not to look at the market chart or look at the market and somehow it is not also possible for someone to be accumulating Bitcoin and increasing their stash without looking at the price and movement of Bitcoin. We know every human being can be emotional sometimes but we should keep away our emotions aside when we want to actually check the price or chart because there are Dip that can push some people into selling or panicking.
Of course, Long term investors also engage themselves in such practice. this practice is very common among investors especially when investing in volatile asset like Bitcoin. It is easier to say that we shouldn't engage ourselves in such practice, but there's no way we can stop investors from doing that because some folks like looking at the market to see if There's improvement in Thier investment but it becomes problematic if a person is doing this all the time. Long time bitcoin investors shouldn't engaged in the practice of continually cheeking the market because i believe this practice is to see if there is an increase in the price of bitcoin so they can sell this act is commonly seen among traders who are interested in short time gain, a long time investor focus more on building his bitcoin portfolio by consistently buying bitcoin with the dca strategy undermining what the price is by using their discretionary income to buy BTC. If you want to invest in Bitcoin, you should do it correctly and move forward by following the strategy. Building your future through Bitcoin investment, if you face various mistakes here, then that Bitcoin investor will not be able to move forward with his Bitcoin for a long time. As a result, you should not watch the market speed increase at all, if you watch the market movement, then during the upward movement of Bitcoin, his inner greed will be created and he may give up his Bitcoin investment in the hope of profit. And many investors take loans out of greed to get more money and invest in Vikram with this day's money. Such mistakes should never be made, there is a possibility of danger in the middle. So it is best to avoid all these things. It is not wrong to pay attention to the improvement of the market if only occasionally, which is not recommended is to monitor it every day because it is feared that it could make investments disrupted which is basically better done in the long run, darii on monitoring market movements we better focus on income and cash flow, which is certainly an effect on investment made. Now investments made with stable cash flow certainly make investments run well in their accumulation, while when cash flow is chaotic, investments can be disrupted such as delayed in their accumulation. In addition, no one intentionally makes mistakes, so everyone should be able to do their best so that no mistakes occur, and can also consider first before making a decision. |
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One mistake many individuals do is feeling they have to go all in immediately, consistently investing what one can afford over often works better than selling productive assets just to purchase more Bitcoin. Patience , proper budgeting and diversifcation can help one stay invested without putting unnecessary pressure on one finances. Investment isn't a race, building one Bitcoin position gradually with money one can comfortably spare is usually a smarter approach than sacrificing income generated assets.
That's where they got it all wrong, but come to think of it, is that what they are been told or is it because of ignorance, I just understand people underrate the power of little beginnings and consistency, why should anyone put pressure on themselves when there are better ways to invest in Bitcoin without overloading oneself, some people just want to over do, what is the essence of selling off something tahg can generate more discreationary income as time passes by for an investor to continue investing in Bitcoin, even if the decision to do this lies in oneself, i still think that it can be properly done without an investor letting it off totally, in think we should be guided in our decisions. Bitcoin investing investing is not a competition at all, and therefore requires no pressure in the cause of building your Bitcoin portfolio. It is the right thing to gradually build your investment portfolio with convenience instead of going all in , and investing heavy amount of money that will deter you from achieving other goals. Better investment is often made with long term strategy, and this why purchasing bitcoin with DCA is most preferable, because it eliminates pressure on the side of the investors while achieving their long term goals , and objectives. We all understand the importance of investing, but investing should be done without wisely, and without disrupting the investor from their own financial convenience. If we have an interest in investing then we can look for a strategy that can make us comfortable doing it ourselves, and one of the commonly recommended strategies is DCA. This strategy is easy to understand and easy to apply we just have to focus on its recognition not by monitoring the market price every day because as you say this strategy is better done with the long term even more so using the DCA strategy or not investing in bitcoin is good for the long term not with the short term. In addition, buying when the price goes down is good, but don't wait for the price to go down to buy or start. If you can start right away, then do it. |
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I think the more you want to recover the longer it take for you to recover because as you goes in a campaign to regain your money you are being drag into a deeper whole of mess and debt, there is only a slim chance for you to get the money, it also add stress so with stress the focus is not there, if you already have lost if, never try to get it back because you will fail, this is where lots of people get things in a wrong view in gambling.
That's right, when we gamble and try to recover losses it will only drag us deeper and harder to get out of the vicious circle. However, the effort we do will not guarantee that we can get back what we lost and as you said the chances of winning are very small, having this pursuit of loss is nothing but irresponsible behavior, because if there is discipline, this will not be done or happen. The thing that can happen when we want to recover losses is to make us stressed as you said Moreover the most likely way to do is to continue betting. |
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