Buy the DIP, and HODL!

[Bitcoin Smith]

I tend to try to project my cashflow 12-20 months into the future, yet of course, the months that are closer are going to be more important to make sure that they are in order, yet sometimes we might be able to see cashflow crunch periods that go out into the future, and more so if we might have various kinds of debt obligations or we might employ debt in our financial strategies (cashflow management) or even if we have family type cost that come up down the road or even business type costs that might go quite a ways out into the future.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

[ginsan]

I tend to try to project my cashflow 12-20 months into the future, yet of course, the months that are closer are going to be more important to make sure that they are in order, yet sometimes we might be able to see cashflow crunch periods that go out into the future, and more so if we might have various kinds of debt obligations or we might employ debt in our financial strategies (cashflow management) or even if we have family type cost that come up down the road or even business type costs that might go quite a ways out into the future.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

Cash flow is the main concern that must be considered for the sustainability of the investment made. Determining cash flow management for a long time certainly drains a lot of thought so that it can run as we want. Cash flow is supported by a fixed income and if not it will be contrary to what is planned. Generally, cash flow is divided into several stages and maybe we already know about it so that a wise mindset is to be able to maintain it as well as possible to reach the point of success in investment.

Meanwhile, we can think about maintaining our investment with a small portion of the money we set aside for investment. Because if the amount of money that we use for investment is too large, of course it will go awry if the cash flow expenditure is greater at an unexpected time.
In this perception, use only a portion, such as 10% which allows us to have the other 90% for our living needs.

[promise444c5]

I started my Bitcoin investment without learning about market analysis, that sounds like what traders usually do before starting trading (but not interested in it). Initially what I did was to learn the basics of Bitcoin first (which includes how to secure my assets) and also learned how to navigate exchanges , so that I will be able to purchase bitcoin through them , before going into deep on how bitcoin investment works.

So one don't need to learn any skills before investing in Bitcoin, bitcoin investment is open for anyone both poor and the rich z the skilled and the unskilled, aslong one have the money to invest that's all.

Well, it's quite a good way of starting your journey I mean you didn't need to spend days/weeks or months studying how to read chart... besides, that's not the basic step to start journey as a newbie, you did the require basic necessary learning( as you've mentioned ).
Thus, regarding the market analysis, you can actually try learning the basics, having Idea on how the market works while you continue your investment  journey  doesn't look lika  bad Idea but it will be a bad idea if you want to start using it as a means to start taking your investment inform of trading... you get the point(not technically directing the whole context on you though by using the word "you"), what I'm just saying is that it isn't a bad idea learning how to analyse and read chart of BTC market

[As-Soon-As]

I tend to try to project my cashflow 12-20 months into the future, yet of course, the months that are closer are going to be more important to make sure that they are in order, yet sometimes we might be able to see cashflow crunch periods that go out into the future, and more so if we might have various kinds of debt obligations or we might employ debt in our financial strategies (cashflow management) or even if we have family type cost that come up down the road or even business type costs that might go quite a ways out into the future.

Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.

Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.

DCA method is the best and most reliable way to invest in Bitcoin. So this should always be done to keep yourself properly calm. Because once you start investing with DCA method, instantly your mind will be automatically attracted to that investment. So it is most necessary to take risk to prepare yourself only once, so if you can sustain your investment for at least 5 to 10 years, you will get maximum success. 
Because those who invested in Bitcoin at the time they did it have the most success and there is still plenty of opportunity, so the only time to invest is to adopt the DCA approach strategy. It is definitely useful for both old and new investors if you can get started.