Buy the DIP, and HODL!

[sotelorene]

Investing in bitcoin needs to be tailored to each person needs. While DCA strategy can work well for some. Each person has their own financial goals and comfort level with risk and investment timeline. It is also important to remember that people can change their investment approach as they learn and become more confident. Your example of someone starting with DCA and then switching to lump sum investment after learning more is great example of this. At the end most important thing is to find investment strategy that works for each person and allows them to buy bitcoin at their own pace without putting their finances in danger.

Because in Bitcoin investment, methods such as DCA or lump sump, it is just a person's approach to how to invest in Bitcoin and how they can adjust it according to their financial condition and their confidence. In the long run they can change their approach to investing in Bitcoin, they can choose DCA or lump sump, whichever is free, the most important thing is how they set their finances so that they can invest regularly and not sell just for short-term profit.

A person is most likely to benefit the most if they invest in Bitcoin initially and keep it for a long time. The investor will be able to sustain his investment for a long time by diversifying little by little, which is why the DCA method is most important for both every holder and every investor.

It's not about which is important or not, whatever method you use is equally good, the most important thing is how you can have the conviction to invest in the long term and adjust which investment method you have that best suits your current financial condition. And also diversification is not always effective for everyone, there are times when you start diversifying your investment turns out to be less than optimal. Each person may have their own views on this, but I am one of those who prefer investing in Bitcoin only for now.

I would not want to say that some method is not good but if you are new or anyone who is new into Bitcoin investment the best method to use is the DCA method because it is going to help an investor accumulate good figure of Bitcoin in their wallet provided they are consistent and have a good source of income. However, you can't suggest the buy Dip method to a newbie who's new into Bitcoin because it is going to take him or her much to time before he or she can grow their wallet because Dip doesn't happen all the time and they may not see a good entering point ( point one feel they can accumulate a good figure of Bitcoin). Lastly, diversification is not a bad idea and perhaps is a personal decision and want, anyone who has a good source of income and has the ability to manage different investment should off cause go ahead.

[Moreno233]

People should understand that Bitcoin is not a ponzi of altcoin where some people are been brain washed that you get multiple times of the amount you use in doing it, in Bitcoin investment everything is open and for you to benefit, you must follow that concept which is acumulating with DCA method or buying in lump when the lump sum amount is available and hodl for a long-term, anything aside the aforementioned process may not give an investor a good result, as investors think long-term in other to let go off fair that Bitcoin is a risky investment

Ponzi is a classic term attached to a shit coin and for BTC I think it is wrong to attach it. Yes. they will know why I am late to invest in BTC even with various ways using DCA or not. and when many big countries will soon legalize bitcoin, this will have a big impact on the market especially if there is a superpower that allows it, the direction may be common for all to overcome the high chaos in our money, investing in BTC is a good choice to maintain its value.

It is never late to invest in Bitcoin so you are not late to the party. If you have this mindset of being late to Bitcoin, you mind end of getting discouraged to invest which will hurt you more than you can imagine. Instead of dwelling in regrets that you are late, what you should do is to draw a 10 years plan of Bitcoin accumulation and continue buying Bitcoin with your discretionary income without selling the coin. You will be amazed to know that at the end of the 10 years, you would have accumulated a large quantity of Bitcoin and the price would have also gone far higher than it is today.

[Jewan420]

It is never late to invest in Bitcoin so you are not late to the party. If you have this mindset of being late to Bitcoin, you mind end of getting discouraged to invest which will hurt you more than you can imagine. Instead of dwelling in regrets that you are late, what you should do is to draw a 10 years plan of Bitcoin accumulation and continue buying Bitcoin with your discretionary income without selling the coin. You will be amazed to know that at the end of the 10 years, you would have accumulated a large quantity of Bitcoin and the price would have also gone far higher than it is today.

Bitcoin investment is an investment where you may regret delaying. In other investment fields, it may be a good idea to gain sufficient knowledge and wait for the right time to invest, but you should not wait at all for Bitcoin investment. The more you delay, the more you will regret it. Since you will be investing for the long term, you should not worry about your value at all. If you want to take some time to prepare yourself mentally, then you can delay a little. If you have the ability and basic knowledge and feel ready to invest, then you should enter the investment ASAP. If you express your desire to delay the investment due to fear of market instability, it is just a deception of your mind, which is enough to make you regret it.

[Ruttoshi]

People should understand that Bitcoin is not a ponzi of altcoin where some people are been brain washed that you get multiple times of the amount you use in doing it, in Bitcoin investment everything is open and for you to benefit, you must follow that concept which is acumulating with DCA method or buying in lump when the lump sum amount is available and hodl for a long-term, anything aside the aforementioned process may not give an investor a good result, as investors think long-term in other to let go off fair that Bitcoin is a risky investment

Ponzi is a classic term attached to a shit coin and for BTC I think it is wrong to attach it. Yes. they will know why I am late to invest in BTC even with various ways using DCA or not. and when many big countries will soon legalize bitcoin, this will have a big impact on the market especially if there is a superpower that allows it, the direction may be common for all to overcome the high chaos in our money, investing in BTC is a good choice to maintain its value.

You are better than those that haven't started their bitcoin journey or those still procrastinating to buy when there's a big dip or during the bear market when they already have the money available. They will regret in future for not getting started when they could. Just focus on your regular weekly/monthly DCA buy orders, be consistent and persistent with stacking up your portfolio in order to keep your bitcoin accumulation ongoing for 4-10 years and above.

You will be surprised with the quantity of bitcoin that you have accumulated overtime. If you have extra cash that you are not expecting apart from your regular income, you can use it to lump sum to boost the size of your bitcoin higher. Have a bitcoin target and work towards it, also look for a means on how to increase your DCA amount by looking other opportunities which you can use to increase your income.

[camilocollin6]

Investing in bitcoin needs to be tailored to each person needs. While DCA strategy can work well for some. Each person has their own financial goals and comfort level with risk and investment timeline. It is also important to remember that people can change their investment approach as they learn and become more confident. Your example of someone starting with DCA and then switching to lump sum investment after learning more is great example of this. At the end most important thing is to find investment strategy that works for each person and allows them to buy bitcoin at their own pace without putting their finances in danger.

Because in Bitcoin investment, methods such as DCA or lump sump, it is just a person's approach to how to invest in Bitcoin and how they can adjust it according to their financial condition and their confidence. In the long run they can change their approach to investing in Bitcoin, they can choose DCA or lump sump, whichever is free, the most important thing is how they set their finances so that they can invest regularly and not sell just for short-term profit.

A person is most likely to benefit the most if they invest in Bitcoin initially and keep it for a long time. The investor will be able to sustain his investment for a long time by diversifying little by little, which is why the DCA method is most important for both every holder and every investor.

I don't understand what you mean by diversify little by little, because from what I understand about the word diversify, it means to stop your bitcoin investment and put the funds that you are using to invest in bitcoin into another asset like stock, bond, gold or real estate.

A new investor shouldn't think of diversifying into other investment but rather he should stay focus on building ans growing his bitcoin portfolio overtime, because bitcoin investment is already outperforming other kind of investment both physical and digital in the market. Trying to diversify might make you lose focus and make thw wrong decisions that will lead to regrets. It is when you have accumulated more than enough Bitcoin and you feel you are not secured with only bitcoin, you can diversify into bonds, properties, cash equivalents and stocks.

Your view is mostly correct, especially if viewed from the perspective of Bitcoin-maximalists or long-term holders.  You're talking about over-emphasizing Bitcoin accumulation and focusing on diversification, which is consistent with Bitcoin's past performance.Some investors may prefer to diversify early on to reduce risk, especially if they are not completely confident in Bitcoin or are concerned about its price volatility. Although Bitcoin is outperforming most assets, diversification is a common risk management strategy in the traditional financial system. However, the argument that you should build a strong Bitcoin portfolio first, then think about diversification makes a lot of sense.This is an effective strategy, especially for those who believe that Bitcoin will become more valuable in the future.This ensures that an investor can accumulate Bitcoins in a controlled manner and not hastily shift to less profitable assets.

Eventually, your ratiocinate is strong enough, but depending on one's financial goals and risk-taking mindset, diversification can sometimes be beneficial.

[cryptoWODL]

We are really not 100 % sure that our Bitcoin investment will bring profit because there's still a little bit of risk involved in Bitcoin investment whether long-term investment or short-term investment, so therefore I agree that bitcoin may not give someone the  huge returns that most people expect it to actually give them.
There's high risk involve in investing in Altcoin and should be avoided a lot of it are even scam created to manipulate people.

Bitcoin is only risky when you have in mind just to invest to make quick profit, so far as you have the understanding that Bitcoin investment is a long-term investment you will definitely get profit in hodling. You can also get a huge profit investing bitcoin using the DCA method in accumulating bitcoin. Just like in every investment,  you invest money in it to give you a fine profit same as bitcoin which you need to accumulate bitcoin. Bitcoin investment is a profitable investment with huge profits so far as hodling is involve,  you can't just invest just for a short time expecting to get huge profits,  it doesn't work that way. Bitcoin is only risky for those who lack understanding and profitable for those who want to get rich quick.

Maybe you can't get rich quick from Bitcoin investing, and it's not even easy to make quick profits from Bitcoin investing. If anyone wants to make a profit from Bitcoin investment, then Bitcoin investment must be held for a long time. Even though Bitcoin investment is at risk, we still think that Bitcoin investment may be more likely to profit from it for a long time. Because when the bulls season starts in the market, the price of Bitcoin is high in the very quantity, according to which we hold Bitcoin for a long time, we too can benefit from that investment. So before investing, we need to accept that short-term investments can never be successful, so to be successful, investments must be long-term. Moreover, a lot of patience is required to succeed in investing.

[MusaPk]

But I think a new investor who is coming from other areas like stock or real estate might not have that much confidence in Bitcoin like a person who has sent some time in Bitcoin. He will take his time before he fully understand the benefits of investing only in Bitcoin.

For sure, a person who already has other investments will come to bitcoin differently than someone who is new to investing and does not have any other investments.

A person coming to bitcoin with other investments might choose to just add bitcoin to their investment portfolio or they might choose to reallocate out of their other investments into bitcoin.

The person with prior knowledge of investment has more acceptance in taking risk as compared to person who has not done any investment before. In every investment there is some sort of risk. But in the end what matters the most is that who understand Bitcoin and it's long term investment benefits. There are many investors who have billions of USD in there bank accounts but are not coming to Bitcoins while there are many who came directly to bitcoin and now have wealth in extraordinary amount.

The person coming directly to Bitcoin won't be diverted to any other area since he has only Bitcoin to focus on. He enjoys that edge over person that has other investments also.   

[Rabata]

But I think a new investor who is coming from other areas like stock or real estate might not have that much confidence in Bitcoin like a person who has sent some time in Bitcoin. He will take his time before he fully understand the benefits of investing only in Bitcoin.

For sure, a person who already has other investments will come to bitcoin differently than someone who is new to investing and does not have any other investments.

A person coming to bitcoin with other investments might choose to just add bitcoin to their investment portfolio or they might choose to reallocate out of their other investments into bitcoin.

There are many investors who have billions of USD in there bank accounts but are not coming to Bitcoins while there are many who came directly to bitcoin and now have wealth in extraordinary amount.

Those who know about Bitcoin will definitely try to increase their Bitcoin holdings as early as possible. In terms of investing in Bitcoin, it is not only about having money, an investor or holder also has to have a good idea about Bitcoin investment. There are many people who have money but have not been able to invest or have failed to buy from the dip. Only having money does not allow a person to find the right investment platform for his money. Finding the right investment platform before investing is also a very important task.

Bitcoin is an easiest and good medium for long-term investment. If those who are interested in investing in Bitcoin after having a little idea about the risks and long-term returns, there will have big opportunity from their investment.

[Tmoonz]

But I think a new investor who is coming from other areas like stock or real estate might not have that much confidence in Bitcoin like a person who has sent some time in Bitcoin. He will take his time before he fully understand the benefits of investing only in Bitcoin.

For sure, a person who already has other investments will come to bitcoin differently than someone who is new to investing and does not have any other investments.

A person coming to bitcoin with other investments might choose to just add bitcoin to their investment portfolio or they might choose to reallocate out of their other investments into bitcoin.

There are many investors who have billions of USD in there bank accounts but are not coming to Bitcoins while there are many who came directly to bitcoin and now have wealth in extraordinary amount.

Those who know about Bitcoin will definitely try to increase their Bitcoin holdings as early as possible. In terms of investing in Bitcoin, it is not only about having money, an investor or holder also has to have a good idea about Bitcoin investment. There are many people who have money but have not been able to invest or have failed to buy from the dip. Only having money does not allow a person to find the right investment platform for his money. Finding the right investment platform before investing is also a very important task.

Bitcoin is an easiest and good medium for long-term investment. If those who are interested in investing in Bitcoin after having a little idea about the risks and long-term returns, there will have big opportunity from their investment.

Bitcoin investment must not be for everybody, it is for those who has recognized the potential that Bitcoin holds and decides to become a beneficiary and on the contrary, it is very important that every beginner prioritize buying at any price points other than focusing on emphasising about buying the dip, perhaps making purchase with the dca strategy is another opportunity of making some buying on dips by buying on different price points on different intervals either weekly or monthly.

[I_Anime]

People should understand that Bitcoin is not a ponzi of altcoin where some people are been brain washed that you get multiple times of the amount you use in doing it, in Bitcoin investment everything is open and for you to benefit, you must follow that concept which is acumulating with DCA method or buying in lump when the lump sum amount is available and hodl for a long-term, anything aside the aforementioned process may not give an investor a good result, as investors think long-term in other to let go off fair that Bitcoin is a risky investment

Ponzi is a classic term attached to a shit coin and for BTC I think it is wrong to attach it. Yes. they will know why I am late to invest in BTC even with various ways using DCA or not. and when many big countries will soon legalize bitcoin, this will have a big impact on the market especially if there is a superpower that allows it, the direction may be common for all to overcome the high chaos in our money, investing in BTC is a good choice to maintain its value.

Not only the method of purchasing bitcoin would guarantee you a successful investment, is the way you approach your Bitcoin investment the principles that's been applied to it, because you can you be using one of the most recommended methods of accumulating bitcoin which is DCAing, you still endup messing your investment up , by not keeping your assets safe , or using money that you can't stay without using for long , which may lead to you selling your Bitcoin too early either In loss or when it haven't yielded any good profits, when a certain emergency occurs.

[BitBakerr1]

But I think a new investor who is coming from other areas like stock or real estate might not have that much confidence in Bitcoin like a person who has sent some time in Bitcoin. He will take his time before he fully understand the benefits of investing only in Bitcoin.

For sure, a person who already has other investments will come to bitcoin differently than someone who is new to investing and does not have any other investments.

A person coming to bitcoin with other investments might choose to just add bitcoin to their investment portfolio or they might choose to reallocate out of their other investments into bitcoin.

There are many investors who have billions of USD in there bank accounts but are not coming to Bitcoins while there are many who came directly to bitcoin and now have wealth in extraordinary amount.

Those who know about Bitcoin will definitely try to increase their Bitcoin holdings as early as possible. In terms of investing in Bitcoin, it is not only about having money, an investor or holder also has to have a good idea about Bitcoin investment. There are many people who have money but have not been able to invest or have failed to buy from the dip. Only having money does not allow a person to find the right investment platform for his money. Finding the right investment platform before investing is also a very important task.

Bitcoin is an easiest and good medium for long-term investment. If those who are interested in investing in Bitcoin after having a little idea about the risks and long-term returns, there will have big opportunity from their investment.

Bitcoin investment must not be for everybody, it is for those who has recognized the potential that Bitcoin holds and decides to become a beneficiary and on the contrary, it is very important that every beginner prioritize buying at any price points other than focusing on emphasising about buying the dip, perhaps making purchase with the dca strategy is another opportunity of making some buying on dips by buying on different price points on different intervals either weekly or monthly.

Yeah you are right Bitcoin investment is not for everyone is actually for those who knows about Bitcoin and understand it's potential capacity, Bitcoin has not reached a lot of people meaning more than half of the people in this world don't know what Bitcoin and it's potential that means there are a lot of people still missing out, however as time goes on more people will get hold of Bitcoin and that is why Bitcoin still has a long way to go when it comes to it's growth, if the people that knows about Bitcoin is 30% in the next 10 to 20 years the number of people may increase to 50% there by making Bitcoin more valuable, if anyone understand the logic of life you won't joke with Bitcoin, a time will come when buying Bitcoin will be difficult because of how valuable it has become, people will be holding tight.

[Agbamoni]

But do you know that for you to be investing in bitcoin either monthly or weekly, you need that source of money that can always be bringing it the inflow of resources. Knowing fully well that your bitcoin investment is for the long term, and you choose to invest on it first, before looking at that extra business that will be bringing the funds in, how do you intend to sustain that your investment? Knowing fully well that this investment is supposed to be for long term. For me it's wise to set up your restaurant business first where you will be seeing profit on daily basis, and from that profit, you can using part of it to run your weekly or monthly DCA on bitcoin.

First of all, I want to say congrats on your new rank. Indeed, the knowledge from this thread is paying off.

You are assuming that starting a restaurant business is the best way to generate funds for Bitcoin investments. But you forget running a business is like starting an investment because success is not 100% guaranteed. Running a restaurant comes with expenses, competition, and unpredictable cash flow. There’s no guarantee that it will provide steady profits to fund and sustain your Bitcoin investments. It does need time to grow and let the foundation of the business grow. It may take a year or more as the case may be.

However, I am still in support that we must have a source that has stability in income flow if we really want to meet our investment target. Jumping into an investment with an unpredictable source of income will affect our investment.

[Showlove01]

People should understand that Bitcoin is not a ponzi of altcoin where some people are been brain washed that you get multiple times of the amount you use in doing it, in Bitcoin investment everything is open and for you to benefit, you must follow that concept which is acumulating with DCA method or buying in lump when the lump sum amount is available and hodl for a long-term, anything aside the aforementioned process may not give an investor a good result, as investors think long-term in other to let go off fair that Bitcoin is a risky investment

Ponzi is a classic term attached to a shit coin and for BTC I think it is wrong to attach it. Yes. they will know why I am late to invest in BTC even with various ways using DCA or not. and when many big countries will soon legalize bitcoin, this will have a big impact on the market especially if there is a superpower that allows it, the direction may be common for all to overcome the high chaos in our money, investing in BTC is a good choice to maintain its value.

Not only the method of purchasing bitcoin would guarantee you a successful investment, is the way you approach your Bitcoin investment the principles that's been applied to it, because you can you be using one of the most recommended methods of accumulating bitcoin which is DCAing, you still endup messing your investment up , by not keeping your assets safe , or using money that you can't stay without using for long , which may lead to you selling your Bitcoin too early either In loss or when it haven't yielded any good profits, when a certain emergency occurs.

I totally agree with you and that is what most investors ( newbie and old investors) don't understand, some of them believed that once you just use the reliable method which is the DCA that every other thing is settled not knowing that every other thing can only be settled if you are actually doing what you are suppose to do so as to keep the investment burning and running. Even if one is using the DCA method if they didn't invest consistently and have a good source of income and most importantly keep reserve funds to solve some problems that may arise because definitely there's going to be a challenge some day, they will not make out the best of it and sometimes what makes an investor grow is thinking rational.

[Mayor of ogba]

They may not intentionally deprive themselves of the possibility of making a profit and they are trying to do by holding Bitcoin that they may psychologically assume that the current market situation is in their favor and the dips they expect in the future. The big financial companies have unscrupulous specialists who may try to manipulate it but this is to fill their pockets and to push the market price up to the point of increasing. They may not want to lose their capital by throwing it under the wheels of the bus. Therefore Bitcoin accumulators should constantly invest in Bitcoin and not sell their valuable assets (Bitcoin) to holders like BlackRock.

Like some time ago when the market crashed a little because of the actions of whales who sold a lot so that later they could get a cheaper price and blamed the newcomer, an AI-based application from China. This also caused market panic even though it was not much, but we who like to collect BTC even though the rate is small with DCA moments like that we must also take advantage of it quickly

If you know too well your DCA accumulation money is not readily available for you to accumulate bitcoin, don't be carried away because of a dip that happens and invest in bitcoin when the money that is not meant for your bitcoin investment so that you wouldn't end up investing in bitcoin in such a way you will find it difficult to solve your daily expenses, which might likely get you off the game partially or permanently. It is always good for you to stick to your DCA accumulation plan so that you wouldn't mess up your bitcoin accumulation journey just because you are much concerned about accumulating bitcoin in the dip.

[Popkon6]

They may not intentionally deprive themselves of the possibility of making a profit and they are trying to do by holding Bitcoin that they may psychologically assume that the current market situation is in their favor and the dips they expect in the future. The big financial companies have unscrupulous specialists who may try to manipulate it but this is to fill their pockets and to push the market price up to the point of increasing. They may not want to lose their capital by throwing it under the wheels of the bus. Therefore Bitcoin accumulators should constantly invest in Bitcoin and not sell their valuable assets (Bitcoin) to holders like BlackRock.

Like some time ago when the market crashed a little because of the actions of whales who sold a lot so that later they could get a cheaper price and blamed the newcomer, an AI-based application from China. This also caused market panic even though it was not much, but we who like to collect BTC even though the rate is small with DCA moments like that we must also take advantage of it quickly

If you know too well your DCA accumulation money is not readily available for you to accumulate bitcoin, don't be carried away because of a dip that happens and invest in bitcoin when the money that is not meant for your bitcoin investment so that you wouldn't end up investing in bitcoin in such a way you will find it difficult to solve your daily expenses, which might likely get you off the game partially or permanently. It is always good for you to stick to your DCA accumulation plan so that you wouldn't mess up your bitcoin accumulation journey just because you are much concerned about accumulating bitcoin in the dip.

There is no need to worry about investing in Bitcoin, if you know your investment strategy and the strategy to keep the investment for the long term. You usually invest in Bitcoin and keep it for a long time, of course your profit will be guaranteed. Be sure, just get busy in your daily life to collect money and save the basic expenses of the family and deposit the rest of the money in Bitcoin. If you have bad habits, eliminate them such as smoking, spending money unnecessarily, and keep depositing these money monthly, then you can deposit 10 to 20 dollars more than what you will invest.
If you deposit 20 dollars more every month, then at the end of the year you can deposit 240 dollars more (this is a strategy to earn income from extra expenses). So if a person pays attention to investment properly, then he will definitely be able to deposit more Bitcoin and keep it for a long time, so I think there is no reason to worry about Bitcoin investment.

[JayJuanGee]

But I think a new investor who is coming from other areas like stock or real estate might not have that much confidence in Bitcoin like a person who has sent some time in Bitcoin. He will take his time before he fully understand the benefits of investing only in Bitcoin.

For sure, a person who already has other investments will come to bitcoin differently than someone who is new to investing and does not have any other investments.

A person coming to bitcoin with other investments might choose to just add bitcoin to their investment portfolio or they might choose to reallocate out of their other investments into bitcoin.

The person with prior knowledge of investment has more acceptance in taking risk as compared to person who has not done any investment before. In every investment there is some sort of risk.

I think that you are painting too broadly if you are proclaiming that all investment has risks, and so that your idea of risk is so broad that it becomes meaningless because there are all  kind of risks and all kinds of ways to describe risk, and if you are thinking about risk in terms that you might lose some dollars, then you are likely handicapping yourself in your own thinking and also presenting a kind of superficial description of risk to anyone who you are talking about risk with in these kinds of ways.

Sure people who invested previously might have increased experiences in attempting to assess risk or willingness to engage in risky behaviors, but it is not really necessarily true.  A person could be risk averse but still invest, and maybe you are mixing investing up with trading in terms of how you are thinking about investing... yet surely there are a variety of ways a person could invest, and some of them are fairly risk free.. like  a savings account that has interest..

It seems to me that most relevant points regarding a person who has invested previously regards the extent to which other investments may well bring additional options to either draw from the other investments to put into bitcoin, or just having some assurance that he has other investments to potentially off-set the risks of adding a new asset into his investment portfolio, such as bitcoin.

There can be all kinds of variation in regards to how many investments a person has, the extent that they are liquid and also how much value that they might have relative to their annual income.  There is almost no reason to presume details, unless we might be wanting to get into describing some possible scenarios beyond the general idea that some people come to bitcoin with prior investing experience and while holding other investments and some folks come to bitcoin without much if any of that experience and/or having other investments.

But in the end what matters the most is that who understand Bitcoin and it's long term investment benefits. There are many investors who have billions of USD in there bank accounts but are not coming to Bitcoins while there are many who came directly to bitcoin and now have wealth in extraordinary amount.

The person coming directly to Bitcoin won't be diverted to any other area since he has only Bitcoin to focus on. He enjoys that edge over person that has other investments also.  

You seem to be engaging in various levels of fantasy of imagination in terms of your wanting to compare/contrast a newbie investor to bitcoin without any other investments to a newbie investor who has other investments.  As I already mentioned above, there can be so much variability in regards to the experience level of the already experienced investor and so much variability in regards to the quantity or quality of the investments, that it seems quite ridiculous to  try to imagine details unless you have some kind of a specific point in mind,  beyond making generalizations.

For sure, a newbie bitcoin investor who has no other investments might either not have good cashflow management practices, or he might not have had any reason to pay attention to his cashflow management practices, so then cashflow management practices become more important when investing into bitcoin - especially if the person might not have a high quantity of discretionary  income.  It is possible that a person who has other investments might have more cashflow management experiences, yet we might not be in a good position to presume that the mere existence of other investments had resulted in the person practicing good cashflow management practices.

[Gooner0]

Shitcoins are just like that, they make people greedy for money at the beginning and they can double or multiply the dollar in an instant. But those who invest in this greed later, their hundreds of dollars become zero in an instant, as evidenced by those who like shitcoins.
However, there is no record of anyone losing money in Bitcoin, only long-term investment has given them more success. Trump Coin has halved the capital of many people in an instant, so only Bitcoin investment is the best, but long-term investment is the only one that provides the most success.

Are you sure of what you are saying?
Am talking about the bold letters in your statement,  what about those that were forced to sell at a loss due to the fact they have no emergency funds in place when a serious financial needs arises?
Or those people that sold their Bitcoin bit by bit at a loss due to bad financial planing?
It is mostly long term holder and mostly people that are in no pressure to sell that always benefits from Bitcoin investment, once you are forced to sell your holdings, their is a very high likelihood that you might sell in a loss because the value of Bitcoin might be down as at then, so try to be sure of what you are saying before talking.

truth be told he is right about the Greed aspect, people tend to buy Altcoins not to hold for long term but fir short term profits. And sometimes this
Leads to Greed which makes people loose a lot of money.
As for the bold statement that there is no record of anyone loosing money in Bitcoin, the Op is just delusional, maybe if you do your research well and think quite hard you'll understand that people have also lost a lot in Bitcoin, I won't go further as to telling you how they loose as the OP has already highlighted you on how people loose , but I would encourage you to choose your words carefully so you don't seem like you know nothing of which you say or do!

[As-Soon-As]

Are you sure of what you are saying?
Am talking about the bold letters in your statement,  what about those that were forced to sell at a loss due to the fact they have no emergency funds in place when a serious financial needs arises?
Or those people that sold their Bitcoin bit by bit at a loss due to bad financial planing?
It is mostly long term holder and mostly people that are in no pressure to sell that always benefits from Bitcoin investment, once you are forced to sell your holdings, their is a very high likelihood that you might sell in a loss because the value of Bitcoin might be down as at then, so try to be sure of what you are saying before talking.

You think that those who sell Bitcoin due to stress or financial crisis due to Bitcoin holdings are basically failing to know the strategy. Of course, a long-term strong Bitcoin holder must have an emergency fund, and the source of income must be good.
Because if that person invests in Bitcoin for the long term, he will not sell Bitcoin until he reaches the state according to his plan, but all those who have invested in Bitcoin must have the right plan, (an unbridled horse can never reach the destination) You have expressed such an attitude here.
A holder must be according to all plans and he must have a future plan and if he can reach it correctly according to the plan, he will definitely be successful, that is why the most importance is given to long-term investment where every investor can find his success.

[Viktor winer]

Well it's sound funny that every ATH in the future is a dip for a new ATH for example 6_11 years from now,


I think buying bitcoin is good, because it will just go up in the future.

[Ricardo11]

Shitcoins are just like that, they make people greedy for money at the beginning and they can double or multiply the dollar in an instant. But those who invest in this greed later, their hundreds of dollars become zero in an instant, as evidenced by those who like shitcoins.
However, there is no record of anyone losing money in Bitcoin, only long-term investment has given them more success. Trump Coin has halved the capital of many people in an instant, so only Bitcoin investment is the best, but long-term investment is the only one that provides the most success.

I think Shitcoins may be made to deceive people, because today we noticed a news that Ripple was trying to destroy the Bitcoin Reserve, maybe this effort could be the most failed attempt for them. I have never invested in this coin before. After reading this news, I am not interested in investing in this coin. So I would say forget about investing in Shit coins. Choose Bitcoin to invest in instead of Shittcoin, which will be more profitable for all of us.

Shitcoins are dangerous, so be prepared to lose if you invest in Shitcoins. I think Shitcoin is like gambling or winning the lottery, investing in Shitcoin can expect to make a lot of profit quickly but if you don't take the profit at the right time you will face huge losses. So there are fiduciary currencies like Bitcoin that can be expected to be very profitable in the long run, so why should we focus on Shitcoin? Bitcoin is the most trusted currency, so we should always focus on Bitcoin. So it would be better to continue investing in Bitcoin with the DCA approach for the long term. So buy bitcoins and hold for long.

But not every shitcoin is good, it's very difficult to get anything good from shitcoin. Because the coin you invest in may not pump on time. Among the shitcoins, most shitcoins are fake, that is, out of 100 shitcoins, 2-3 shitcoins are good, and the rest are all fake.
So by all means instead of investing in risky places like shitcoin, invest in Bitcoin. Holding Bitcoin for a long period of time is very unlikely to cause loss, and if you hold Bitcoin continuously for the next 3 cycles, you will definitely be able to profit.