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V1ad99
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January 29, 2019, 12:36:41 PM
 #21

I have almost nothing left to build strategies (
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January 29, 2019, 01:57:32 PM
 #22

I do this: I follow the news - fresh, I participate in different telegrams groups, so as not to lose the information, I consult with those who have super results, and of course, I buy coins now, while the cost suits me. And with faith in the best I expect rapid growth. Perhaps this is a very passive strategy.
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January 29, 2019, 02:55:07 PM
 #23

Now it is difficult to withstand a clear strategy, because the market is unsteady, and it’s not clear what will happen tomorrow, for me personally, now it’s difficult to foresee something at the level of my knowledge, and I cannot count on knowledge of different media.
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January 29, 2019, 02:57:18 PM
Merited by JayJuanGee (1)
 #24

The best and most safe way is to simply set aside, a set amount each month, buying during the good and the bad times. Dollar cost averaging is your friend.

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January 29, 2019, 07:38:26 PM
 #25

I have almost nothing left to build strategies (

How could this be true?  Are you trolling, here?

Unless you are dying or about to die, then you should be able to plan for the future, including planning your finances.

I have been planning my finances since I was a youth, but really only seriously after leaving home and having to support myself, which was when I was around 17/18 years old.

My practice has been to attempt to plan ahead and to have a financial cushion of several months, just in case things went wrong.  Even though I learned this from my youth, my planning has gotten much better with the passage of time and with practice, and of course, if you are in the practice of planning ahead and including some kind of ongoing investment strategy within your financial plan, then you should be able to build the amount of funds that you have and are able to use with your investments.

Maybe you should explain where you are at?  If you don't have a cashflow, then getting a cashflow might be priority number one that would then allow you to plan how much of your cashflow you are able to put into BTC.

I will agree that any cashflow, once you achieve it, must attempt to cover all basic living expenses and to have bit of an emergency cushion contained therein before it would be prudent to add investing BTC into the mix.  Before I wax on further, V1ad99, please provide some more details regarding your situation and about why you are not able to BTC strategize, at this time.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 30, 2019, 07:10:59 PM
 #26

The best and most safe way is to simply set aside, a set amount each month, buying during the good and the bad times. Dollar cost averaging is your friend.
Buy during the bad time and sell and the market is good is going to be more profitable.
Or just keep buying the bitcoin whatever the prices are for every month until few years then see how much you made it actually later.

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January 31, 2019, 06:17:52 AM
 #27

Buy during the bad time and sell and the market is good is going to be more profitable.
Or just keep buying the bitcoin whatever the prices are for every month until few years then see how much you made it actually later.
That's a good choice for long-term investment, but it will require substantial funds if you want to feel the maximum profits
I'm not the type of patient person, day trade is my choice
but at this moment I just wait and see until clarity from the SEC at the end of February :v

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February 01, 2019, 01:19:44 PM
Merited by JayJuanGee (1)
 #28

The best and most safe way is to simply set aside, a set amount each month, buying during the good and the bad times. Dollar cost averaging is your friend.

Correct, here is a good thread to read for newbies: (https://bitcointalk.org/index.php?topic=5104555.0). the guy has a clear plan on how to have 1 BTC in lifetime. So he put up a detailed plan and follow it to the dot and now he shares everything and in only means that it can be done by anyone. You don't need to buy 1 BTC immediately, you can set aside every month funds to buy Bitcoin as a investment and in less than a year this dude save 1 full BTC, I hope it could inspire others to do if  they wanted to really accumulate this year.

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February 01, 2019, 10:07:15 PM
 #29

Buy during the bad time and sell and the market is good is going to be more profitable.
It's very difficulty for the average person (heck even for those who have been here for a long time) to figure out what a good entry or exit point is, because it's not always as obvious as it is right now at current levels being a great entry point, or in 2017 during the peak where the market looked extremely bubbly being a great exit point.

Or just keep buying the bitcoin whatever the prices are for every month until few years then see how much you made it actually later.
That's what I am doing right now. I allocate larger amounts to accumulate at current levels, and when it jumps over $6000 it will mark for me the moment to allocate way smaller chunks for accumulation purposes, because that's what I consider to be the safest way moving forward for me. It worked well for me during 2016 and the first few months of 2017.

I stopped buying over $2000 because it didn't feel good, but hey, there was just no way for me to know that it would pump straight to $20,000 within the same year. I'm happy that I sticked to my plan, and will stick to it similarly right now.
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February 02, 2019, 11:06:17 PM
 #30

Invest and risk would be the best strategy. Buying bitcoin at low cost and wait for it to go up the sell.
I agreed with you on investing and taking risk alongside. In addiction, the investment on bitcoin should be on a long term system as we all know that going on a short term will not be profitable like the long term. I bought some coins long time ago and sell at a reasonable amount for profits, i love holding for a longer time.

It only depends on the condition of the cryptos  .  both short and long term are profitable because coins can rise unexpectedly without a specific dates or time  .  some people like me prefer short term because i am lacking of patience .  while some loves to hodl for a longer time span because they want to achieve their coins full potential .
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February 14, 2019, 03:48:14 PM
 #31

The best and most safe way is to simply set aside, a set amount each month, buying during the good and the bad times. Dollar cost averaging is your friend.

Every month one should be investing in the coins which they think will grow in future and this will help us to build a portfolio for ourself and also the price would get averaged out as at times it would be less and at times may be higher etc .This could be a way for many people to o buy as not everyone can buy at one go .
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February 15, 2019, 05:17:46 PM
Merited by JayJuanGee (1)
 #32

I have almost nothing left to build strategies (

How could this be true?  Are you trolling, here?

Unless you are dying or about to die, then you should be able to plan for the future, including planning your finances.

I have been planning my finances since I was a youth, but really only seriously after leaving home and having to support myself, which was when I was around 17/18 years old.

My practice has been to attempt to plan ahead and to have a financial cushion of several months, just in case things went wrong.  Even though I learned this from my youth, my planning has gotten much better with the passage of time and with practice, and of course, if you are in the practice of planning ahead and including some kind of ongoing investment strategy within your financial plan, then you should be able to build the amount of funds that you have and are able to use with your investments.

Maybe you should explain where you are at?  If you don't have a cashflow, then getting a cashflow might be priority number one that would then allow you to plan how much of your cashflow you are able to put into BTC.

I will agree that any cashflow, once you achieve it, must attempt to cover all basic living expenses and to have bit of an emergency cushion contained therein before it would be prudent to add investing BTC into the mix.  Before I wax on further, V1ad99, please provide some more details regarding your situation and about why you are not able to BTC strategize, at this time.
I do not think he is joking, in my experience most people do not have plans longer than a week and have no savings, so while it may seem weird to the people that take the time to plan their lives the truth is you are an exception, it is known that those that take the time to plan for their future get better outcomes during their lives, but people love living in the moment and taking impulsive decisions that affect the rest of their lives.

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February 15, 2019, 06:12:20 PM
Merited by South Park (2), Coin-1 (1)
 #33

I have almost nothing left to build strategies (

How could this be true?  Are you trolling, here?

Unless you are dying or about to die, then you should be able to plan for the future, including planning your finances.

I have been planning my finances since I was a youth, but really only seriously after leaving home and having to support myself, which was when I was around 17/18 years old.

My practice has been to attempt to plan ahead and to have a financial cushion of several months, just in case things went wrong.  Even though I learned this from my youth, my planning has gotten much better with the passage of time and with practice, and of course, if you are in the practice of planning ahead and including some kind of ongoing investment strategy within your financial plan, then you should be able to build the amount of funds that you have and are able to use with your investments.

Maybe you should explain where you are at?  If you don't have a cashflow, then getting a cashflow might be priority number one that would then allow you to plan how much of your cashflow you are able to put into BTC.

I will agree that any cashflow, once you achieve it, must attempt to cover all basic living expenses and to have bit of an emergency cushion contained therein before it would be prudent to add investing BTC into the mix.  Before I wax on further, V1ad99, please provide some more details regarding your situation and about why you are not able to BTC strategize, at this time.
I do not think he is joking, in my experience most people do not have plans longer than a week and have no savings, so while it may seem weird to the people that take the time to plan their lives the truth is you are an exception, it is known that those that take the time to plan for their future get better outcomes during their lives, but people love living in the moment and taking impulsive decisions that affect the rest of their lives.


Yes, like you suggest there is likely a quite a bit of a personality type going on here, but then we arrive at a question of nature versus nurture.

In that regard, I think that people can learn good practices.. a nurture question.

I get a lot of flack on this forum for my long posts, and maybe some members conclude that I am lecturing at them; however, I consider this forum to be an interactive brainstorming mechanism, so I participate in the forum in order to have back and forth exchanges of information and to learn from others and learn about myself.. so for example, writing a long post, might allow me to learn about myself, too and to tweak my practice and strategies in light of what I learn.

I actually grew up in a rural area with parents who were not wealthy nor college educated, and there was a bit of value in working your way through things and self-independence. 

When I left home, I thought that I would not go to college; however, after I left college, and I was really struggling how to prepare myself for the future, very early on, I learned about creating a financial cushion and having enough funds to sustain your lifestyle, even if you get cut off for 6 months or longer.  Of course, I took that to further and further extremes conceptually, which involved attempting to figure out how to keep costs down which increases the amount that can be invested.

Bitcoin offers some self-reliant savings and investment strategies that had not been available with traditional investments both in terms of cost but also in terms of 24/7 availability and not having to go through any kind of middle man.  Anyhow, you can really go to town in the category of self-tailoring.  One of the earliest things that i learned in basic finances is that if you do not have much, you have to really chip away to build and build and build.  Prosperity does not tend to come quickly.  You have to both pay off high interest rate debts but also take measures NOT to add them to your life.   Debt is not totally bad, either, if you can get credit then you might want to use it, especially if you can get higher returns than the debt costs (without gambling).  So even if you only have $500 worth of income per month, there are likely ways to shave down your expenses in such a way that you are able to stock away $100 per month.. and you should build up your various emergency funds, first before you start to make more risky investments - such as bitcoin. 

There is definitely going to be more juggling when there is not a lot of funds to work with, and sometimes, there will be a need to increase the income side of the ledger in order to make meaningful investments into bitcoin - even if you are only able to invest $10 a week into bitcoin because you are building your emergency fund and covering your basic living expenses.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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February 15, 2019, 07:59:55 PM
 #34

The best and most safe way is to simply set aside, a set amount each month, buying during the good and the bad times. Dollar cost averaging is your friend.

Every month one should be investing in the coins which they think will grow in future and this will help us to build a portfolio for ourself and also the price would get averaged out as at times it would be less and at times may be higher etc .This could be a way for many people to o buy as not everyone can buy at one go .
Its is good strategy for long term holder but definitely not the best to make more money from investment,I will say while making money for investing on bitcoin every month they also need to explore other crypto earning way like trading and they need to try it also to make more money but with less capital which is not needed for the investor.

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February 15, 2019, 08:02:17 PM
 #35

Set yourself a good doable (this part is very important) target and keep accumulating bitcoins. That's my strategy. If you set yourself an impossible target, you'll be exhausted and depressed and probably gonna make many mistakes during your journey.

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February 16, 2019, 05:36:36 AM
 #36

In crypto platform no one is expected the right direction so BTC strategy is not work out in all the time. I always prefer the long term investment in Bitcoin because altcoin is the most profitable platform in current traffic.
I hope once recover in Bitcoin this will be a great chance to buy and sell at anytime.

 
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February 16, 2019, 05:47:29 AM
 #37

In crypto platform no one is expected the right direction so BTC strategy is not work out in all the time. I always prefer the long term investment in Bitcoin because altcoin is the most profitable platform in current traffic.
I hope once recover in Bitcoin this will be a great chance to buy and sell at anytime.

you first said that btc strategy wont work but you then said that you  prefer long term in bitcoin .  long term is actually considered a strategy  .

another one .  you said bitcoin is for long term but you also said altcoin is the most profitable platform .  bitcoin is actually the most profitable coin because it got the highest possible value that a crypto can get . altcoin do only have a small value so you cant earn big income on them .

most of all , your comment is verry confusing mate .
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February 16, 2019, 02:18:49 PM
 #38

it is amazing to see young people or rich people to talk about 500 dollar income per month could be shaved down to 400 dollars in order to save 100 dollars. it is amazing to even consider such a life I agree but when you make 500 dollars a month the topic is not to drop your expenses to 400, it is dropping them under 500 because most of the time life is so expensive that you spend all of your 500 and then some just to keep afloat.

I do not mean new phones and amazing items neither, I mean one chipped tooth could destroy your finance for months to come, just your phones screen breaking could destroy that month alone, needing new clothes because your old ones do not fit anymore is a big issue as well, there are ton of reasons why people can't save 100 dollars per month. Saying "just save some money aside" is a thing either a young kid would say or a rich person would say, no poor would actually agree with that.
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February 16, 2019, 05:37:04 PM
 #39

it is amazing to see young people or rich people to talk about 500 dollar income per month could be shaved down to 400 dollars in order to save 100 dollars.


Yes.. everyone is going to have differing experiences, and hopefully there is an ability to learn from the experiences of others in order to tailor your own approach to BTC, for example.

I used the above example of an income of $500 and $400 as hypotheticals, and I gave a context for such discussion.  Every person is going to have differing circumstances, and in several of my other posts, I frequently assert that anyone getting into BTC or any other investment should strive to make sure his/her basic expenses and emergency expenses are covered first, and if debt is used for investing, such use of debt should be conservative rather than gambling.   

it is amazing to even consider such a life I agree but when you make 500 dollars a month the topic is not to drop your expenses to 400, it is dropping them under 500 because most of the time life is so expensive that you spend all of your 500 and then some just to keep afloat.

The $500/$400 example that I used above is not necessarily saying that specifically it is going to work for someone every single situation - because the amount that anyone can drop his/her expenses or even improve his/her income will likely depend on some ability to get some basics, such as what is the cheapest rent of food and are there ways to cut on those expenses, even if temporarily.


I do not mean new phones and amazing items neither, I mean one chipped tooth could destroy your finance for months to come, just your phones screen breaking could destroy that month alone, needing new clothes because your old ones do not fit anymore is a big issue as well, there are ton of reasons why people can't save 100 dollars per month.

Yes... if you cannot save $100 then maybe you can save $10 or maybe you can save $1?  You do what you can, and bitcoin is likely going to be able to improve your lot, especially if you can build a time preference of 3-5 years or more in terms of setting aside whatever you can.

Saying "just save some money aside" is a thing either a young kid would say or a rich person would say, no poor would actually agree with that.

Get the fuck out of here with your patronizing ass assumptions about young/rich people writing about poor people and cannot understand.  You are both presuming too much and you seem to have been misreading what I said (perhaps on purpose?) and perhaps purposefully avoiding the points that I made with your lame-ass personal attacks that suggests that you seem to know better or that some poor person might know better.. merely because he/she is poor and disagrees.               

I am saying that people who want to improve their lot should do what the fuck they can do, and if I agree that there might be circumstances in which some people cannot get enough income to cover all expenses, and they might be kind of fucked anyhow (as a poor person).  Furthermore, I agree that there may be some people who are physically or mentally handicapped, which is going to limit what they are able to do, and they might be kind of fucked too, perhaps.   My earlier post was not really directed at those situations to presume that every single person is able to get out of his/her circumstances with mere brainpower and effort, but instead I had been directing at more common situations in which people are able to attempt to learn to either cut their expenses or increase their income or both and to adapt their plans and strategies and to consider putting BTC into their plan (or adding it).

 If you disagree (as a poor person) for the mere sake of disagreeing, and you cannot figure out ways to learn to either how to cut expenses or increase income (which might be impossible in some circumstances of physical or mental handicaps and things like that), but if you have the capability to learn and to improve, then you may be able to improve your lot by attempting those efforts too, and bitcoin is a means to improving the lot of poor people if such poor people are able to take some stake into it...and if such poor people have a decent enough time horizon of perhaps 3 years or more... 5 years, then a longer time horizon is going to increase the odds that the ongoing investment into bitcoin will pay off.  I agree that there exist some people who do not have such longer time horizon because of mental of physical handicaps, and I was not writing about those situations - because bitcoin might not be a good thing for people in those circumstances.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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February 16, 2019, 07:26:53 PM
 #40

The best and most safe way is to simply set aside, a set amount each month, buying during the good and the bad times. Dollar cost averaging is your friend.

Every month one should be investing in the coins which they think will grow in future and this will help us to build a portfolio for ourself and also the price would get averaged out as at times it would be less and at times may be higher etc .This could be a way for many people to o buy as not everyone can buy at one go .
Its is good strategy for long term holder but definitely not the best to make more money from investment,I will say while making money for investing on bitcoin every month they also need to explore other crypto earning way like trading and they need to try it also to make more money but with less capital which is not needed for the investor.
Yes, the strategy emphasize by the above members was not applicable for bitcoiners who dont have much investment capital and it not must for investors to buy coins every month because the market status is what will determine the time of investment because crypto investment profit are determine by the time of entering and exiting the market. Besides, accumulating more coins dont work for all investors and ones must always apply the strategy that usually bring more money to his table.

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