Buy the DIP, and HODL!

[Joy- maker]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

  all this things you highlighted are not really necessary if you want to invest in bitcoin, just have a little knowledge about bitcoin you are good to go, because making profit in bitcoin is very simple just buy and hold for long term using one of the strategy and the most recommended strategy is DCA because it's simple and the easiest for newbie just like me and you, leave trading because it is only traders that need all things that you highlighted.

[Obim34]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

Not totally everything related to Bitcoin, Bitcoin has different aspects, investment aspect, technical aspects which involves mining and nodes and all that. If a new investor is attempting to get involved with Bitcoin specifically on the aspect of making profits from it then not basically required to grip every knowledge about Bitcoin. As an early investor focusing on investment aspect, just be good with plans and strategies, how to buy and store Bitcoin in a safe space and having put this measures in place, the new investor can now decide to further his knowledge on any other interesting factors in Bitcoin.

Don't try to know too much than what is needed, you don't need chapters to read about Bitcoin before you can start something, the market is plentiful with profits and best for anyone to see the worth and que to meet up a healthy portfolio.

[SOKO-DEKE]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

Even some people you may see holding a significant amount of Bitcoin might not know everything about it. The most important thing anyone who wants to invest in Bitcoin should first understand is that Bitcoin is volatile. You should know the best exchange to purchase Bitcoin from and the wallet you will use to store and transfer it. Once you have this information, you are free to invest in Bitcoin. It is not hard to start investing in Bitcoin. From there, you can continue learning about related topics, such as the best wallets to use for  proper security of you Bitcoin.

[Makus]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

  all this things you highlighted are not really necessary if you want to invest in bitcoin, just have a little knowledge about bitcoin you are good to go, because making profit in bitcoin is very simple just buy and hold for long term using one of the strategy and the most recommended strategy is DCA because it's simple and the easiest for newbie just like me and you, leave trading because it is only traders that need all things that you highlighted.

Like what I always tell people, learning how to secure your mnemonic seed and pass phrase is enough knowledge to start holding bitcoin, the rest knowledge would be gotten from the experience of holding and learning. Sometimes in seeking for knowledge about something positive you may end up getting into the wrong website with discouraging informations. No website can give you knowledge close to what you learn from this thread or forum about bitcoin because, this place is filled with experienced enthusiasts who have good understanding of what bitcoin. Follow JayJuanGee up for a week and discover how far you have grown in knowledge. Sometimes we need to be care what we read in other websites or social media, there are still blogger who don't understand bitcoin but yet they want to write to the best of their understanding and that could be misleading. I learnt about DCA strategy from this thread and until date, the thread is still actively teaching other newbies about DCA and how to have a happy bitcoin investment without any complications. What we need is the right information  it doesn't matter how bulky it is or how small it is, what matters most is the quality that lie within it and how it can solve problems.

[Stablexcoin]

You should never ignore emergency fund in your investment management every investors should know this by now that emergency fund is very essential for an investor to set aside.
Emergency fund is also an important for life management, as an investor you should feel the need of emergency fund as human being that you are.
emergency fund is not only for common person, even investors who owns billions and millions also need an emergency fund for the smooth running of there investment.

Long-term investment requires not only emergency funds but also some other strategies.

There are certain strategies that must be followed in order to invest in your Bitcoins for the long term.
Basic knowledge.
Long term investment plan.
Adopt Dca method.
emergency fund.

Long Term Investment Plan:- You must make long term investment plan. Reduces risk and brings success in long-term investments.

Basic knowledge:- Basic knowledge about Bitcoin is a must. Bitcoin is financial freedom, investment, security and digital economy of the future. Works differently than conventional assets (like stocks, gold, real estate). Investing in it without proper knowledge has high probability of loss.

Adoption of Dca method:- Investing in DCA (Dollar-Cost Averaging) method every week increases BTC yield and reduces the amount of risk. Because investing in steps reduces the risk. You are buying BTC every week when the btc price rises at the beginning or end of the month. When my btc price drops you are buying btc every week which means your average purchase price is also average. Using DCA method does not need to pick the right market time.

Emergency Fund:- Long term investment may or may not have emergency fund.
But I'd say it's better to have an emergency fund for long-term investments. Because of the need to have an emergency fund so that there is no hindrance in the investment field in case of financial problems during the long-term investment.

A long term investment plan in DCA method will be good for you. Those who are experienced can invest freely in any strategy. New and old everyone can invest in DCA method.
I would say investing in a new position is not a complicated matter if certain strategies are followed properly.

Are you refereeing to investment plans or investment strategy. They may sound alike but they are different if you dont know. A plan is how you get to achieve your investment and that includes every steps that needs to be taking as well as setting a goal. While a strategy tend to be like a pattern you use for investment. It can be a contiguous pattern but some persons tend to adapt a new patter when there is a shift in the market structure. What you listed so far is nothing but an investment plan that every investor should take into priority. You dont have to call it a strategy as a strategy for Bitcoin investment are the well known DCA, Lump sum, Buy the dip and so many others.

Every strategy is good for investment but not all plans can yield success in investment. If you observe there is no one way of planning our investment and my reason for saying this is because every investor tend to choose what should be their priority that tally with their goal. It could be risk management and many others.

Bitcoin investment is not a bed of roses because it requires a structured plan and a strategy for accumulation. You cant skip either making plans or choosing a strategy they both work together if you want to succeed in your investment. You also need to know that long term plans like you earlier stated is best because of the long term benefit which Bitcoin has proving over the years what i can do. Aside that there must be consistency and discipline not to make impulsive decision. It often seems to be a lot for new investors to comprehend but deep down once you have started it will become much more easier to be able to invest as long as the investor does not have any thing to do with short term. Only those who think they can jump in and get little profit every now and then faced difficult challenges and we dont call it investment rather trading. Well everyone has to take responsibility of their action, there is no profit in taking a risk that is not worth it so i dont think anyone who see a good way of doing things and shift to the way that will cause them regrets and had i known.

[Popkon6]

Also discretionary income is not a strategy for accumulating bitcoin but rather it is the money you use in accumulating bitcoin that you will not be needing for a long time.

Our main goal is to hold Bitcoin for the long term, in which our DCA method of investing is the most effective. Because the more you collect Bitcoin in the long term, the more profitable it will be, and if you think about the benefits in the beginning, you will never be able to sustain your holding. However, the strategy to follow to hold it for the long term includes an emergency fund, taking risks, and a strong wallet so that it can survive even if you invest for a long time.
 However, you can prove yourself to be more powerful, among which the emergency fund is the most important because this emergency fund will play the most important role in dealing with any danger. And the investment will help you to sustain it for a longer time, and it will be safe. If you follow the DCA method weekly or monthly, you will achieve success.

[reefsea]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

  all this things you highlighted are not really necessary if you want to invest in bitcoin, just have a little knowledge about bitcoin you are good to go, because making profit in bitcoin is very simple just buy and hold for long term using one of the strategy and the most recommended strategy is DCA because it's simple and the easiest for newbie just like me and you, leave trading because it is only traders that need all things that you highlighted.

I think you are not a beginner. I see your explanation is so deep, but yes dca strategy is the best and worthy to be adopted for long term in investing in bitcoin.

Owning bitcoin is better than owning fiat because bitcoin statistically has a strong enough increase after being launched by satoshi. People keep buying bitcoin and leaving other investments that are slow in profit return progress in the last 10 years.
In my opinion holding bitcoin requires a good strategy by holding back the desire not to take profit and holding bitcoin must be in a personal wallet not on an exchange.

[Litzki1990]

I agree with you, it is very important for every investor to adopt the right strategy in Bitcoin investment. If you want to profit from Bitcoin investment, you must maintain patience. You cannot be successful just by investing, you have to manage the investment properly.
And we know that the only best method in Bitcoin investment is the DCA method. However, you will get effective results from the DCA method only when you keep DCA continuous for the next 10 years or the next 3 cycles.
Because Bitcoin is a volatile currency, even if it fluctuates a lot in the short term, it has a high probability of being valuable in the long term. That is why investors must be patient enough and follow DCA continuously, only then will there be a high probability of getting very good results from Bitcoin.

It is easy for every investor to start investing, but it is very difficult to actually maintain your investment for a long time. Basically investors face a lot of challenges after starting the investment which sometimes leads to selling their investments even in reluctant terms. If an investor cannot hold his investment for a certain period of time after making the investment then I would say that the investment is worthless. Even if an investor adopts the DCA investment strategy in terms of investment, the investor should adopt certain strategies in making this investment permanent. For example, the amount of money that the investor will regularly spend for investment, he should keep some amount of money left over so that he can meet his needs with the remaining money when he has financial needs. But he will not need to sell his investment when he has the remaining money. Those who can invest in this way actually have permanent investments.

[Tmoonz]

I agree with you, it is very important for every investor to adopt the right strategy in Bitcoin investment. If you want to profit from Bitcoin investment, you must maintain patience. You cannot be successful just by investing, you have to manage the investment properly.
And we know that the only best method in Bitcoin investment is the DCA method. However, you will get effective results from the DCA method only when you keep DCA continuous for the next 10 years or the next 3 cycles.
Because Bitcoin is a volatile currency, even if it fluctuates a lot in the short term, it has a high probability of being valuable in the long term. That is why investors must be patient enough and follow DCA continuously, only then will there be a high probability of getting very good results from Bitcoin.

It is easy for every investor to start investing, but it is very difficult to actually maintain your investment for a long time. Basically investors face a lot of challenges after starting the investment which sometimes leads to selling their investments even in reluctant terms. If an investor cannot hold his investment for a certain period of time after making the investment then I would say that the investment is worthless. Even if an investor adopts the DCA investment strategy in terms of investment, the investor should adopt certain strategies in making this investment permanent. For example, the amount of money that the investor will regularly spend for investment, he should keep some amount of money left over so that he can meet his needs with the remaining money when he has financial needs. But he will not need to sell his investment when he has the remaining money. Those who can invest in this way actually have permanent investments.

The reverse of this situation becomes the best approach, that is to say it is most important that one should first prioritize taken care of your basic needs that's your living expenses then the left over cash, the remaining money(discretionary income)is meant to determine how much you put in to your investment. If you don't prioritize your living first there is every possibility that you might used more than what is meant to be used for your investment to accumulate Bitcoin and will increase the risk of selling your Bitcoin too soon to settle your living expenses.

[Ruttoshi]

I agree with you, it is very important for every investor to adopt the right strategy in Bitcoin investment. If you want to profit from Bitcoin investment, you must maintain patience. You cannot be successful just by investing, you have to manage the investment properly.
And we know that the only best method in Bitcoin investment is the DCA method. However, you will get effective results from the DCA method only when you keep DCA continuous for the next 10 years or the next 3 cycles.
Because Bitcoin is a volatile currency, even if it fluctuates a lot in the short term, it has a high probability of being valuable in the long term. That is why investors must be patient enough and follow DCA continuously, only then will there be a high probability of getting very good results from Bitcoin.

It is easy for every investor to start investing, but it is very difficult to actually maintain your investment for a long time. Basically investors face a lot of challenges after starting the investment which sometimes leads to selling their investments even in reluctant terms. If an investor cannot hold his investment for a certain period of time after making the investment then I would say that the investment is worthless. Even if an investor adopts the DCA investment strategy in terms of investment, the investor should adopt certain strategies in making this investment permanent. For example, the amount of money that the investor will regularly spend for investment, he should keep some amount of money left over so that he can meet his needs with the remaining money when he has financial needs. But he will not need to sell his investment when he has the remaining money. Those who can invest in this way actually have permanent investments.

Of course every bitcoin invetor needs a backup funds to survive in his long-term bitcoin investment journey, otherwise he must sell his bitcoin before time to take care of an unforeseen circumstances that will occur when he ia investing.

Emergency funds is very important to all bitcoin investors so that this funds can be used to take care of real emergency when it comes. Other back up funds are also important such as reserve funds and float, because reserve funds is a back up to your emergency funds and you can use reserv funds to buy at the dip and other floats for your wants. If you have some minor challenges , you are to use from your float first, before your reserve funds.

[Joy- maker]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

Since bitcoin is a long-term investment, before people invest their money in bitcoin, they should be able to figure out the amount of bitcoin they want to accumulate and how many years they intend to hold their bitcoin so that they will know how they can discipline themselves to accumulate bitcoin in such a way that they can easily hold their bitcoin for the long term without passing through difficult times to do that. It is even advisable for investors to invest in bitcoin with the money they will not need for 4-10 years or more or with the money they can afford to lose so that they will not depend on their bitcoin investment to survive since they won't be using the money that is meant to cover up for their living expenses to invest in bitcoin.

  bro this thing you are saying I doubt if any anybody we have any money in hand that they don't need for 4 to 10 years not in this hard economy, what i was expecting you to say is that no matter what you are doing how much one is earning either weekly or monthly they should keep buying bitcoin and hold for long term, for that is the proper way of bitcoin investment.
What if you have $20,000 in hand and you can't afford to lose it in investing in bitcoin and you don't need the money for 4 to 10 years just as you said. what advice are you going advice give to such person, to invest or not to invest?
To me it's not all about investing the money you don't need for 4 to 10 years is how willing are you to take the risk because bitcoin is high risk high return which is 50 50.

[iBaba]

The reverse of this situation becomes the best approach, that is to say it is most important that one should first prioritize taken care of your basic needs that's your living expenses then the left over cash, the remaining money(discretionary income)is meant to determine how much you put in to your investment. If you don't prioritize your living first there is every possibility that you might used more than what is meant to be used for your investment to accumulate Bitcoin and will increase the risk of selling your Bitcoin too soon to settle your living expenses.

True. Does that mean that investment is not for everyone even when you have the interest and got little resources to take care of yourself? At what point do you think one should have the capacity to be able to invest his money. Because for me and for the country where I live, due to the high inflationary economy of the country and the very high standards of living, you can barely have something to save or channel into investments because of the uncertainty that the economic situation comes with. If you say, you're going to wait until you have extra funds, then you might end up waiting forever unless you're extremely comfortable with good money, which is difficult.

Take myself as a case study, I come from a community and family which is not doing so well hence my responsibility to cater for some of their needs to be able to have peace of mind and comfort. By so doing, you're tied in a situation where you have to feed yourself and still feed some people around, barely having some extra funds to invest. Does it mean one cannot also invest in crypto? Please I need some piece of advice here.

[Tmoonz]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

Since bitcoin is a long-term investment, before people invest their money in bitcoin, they should be able to figure out the amount of bitcoin they want to accumulate and how many years they intend to hold their bitcoin so that they will know how they can discipline themselves to accumulate bitcoin in such a way that they can easily hold their bitcoin for the long term without passing through difficult times to do that. It is even advisable for investors to invest in bitcoin with the money they will not need for 4-10 years or more or with the money they can afford to lose so that they will not depend on their bitcoin investment to survive since they won't be using the money that is meant to cover up for their living expenses to invest in bitcoin.

 bro this thing you are saying I doubt if any anybody we have any money in hand that they don't need for 4 to 10 years not in this hard economy, what i was expecting you to say is that no matter what you are doing how much one is earning either weekly or monthly they should keep buying bitcoin and hold for long term, for that is the proper way of bitcoin investment.
What if you have $20,000 in hand and you can't afford to lose it in investing in bitcoin and you don't need the money for 4 to 10 years just as you said. what advice are you going advice give to such person, to invest or not to invest?
To me it's not all about investing the money you don't need for 4 to 10 years is how willing are you to take the risk because bitcoin is high risk high return which is 50 50.

I think you are the one contradicting yourself because anyone that's is consistent in investing in Bitcoin either weekly or monthly can at the same time accumulate up to $20k worth of Bitcoin or even more based on their financial ability, the reason why it is always advisable to use the money you will not be needing for 4 to 10 years or even more is to enable you not to sell or run to your Bitcoin investment for your other living expenses, as for me the advice I have for anyone that has $20k that he will not be needing for 4 to 10 years, if the such person believes in Bitcoin potential and he feels he can not go at once (lump sump) he or she can make use of the the DCA strategy that is buying bit by bit because of it psychological benefits as it creates and gives a more balanced environment for investors to make investment decisions without emotions being attached to it, the market should already been known for it's uncertainty which includes that it could go up or down of which one needs to balance his or her emotions on this regards, Bitcoin is not guaranteed is to be successful but yet we can still consider the possibilities of being successful by stricking a good balance we can be comfortable with even with our approach generally.

Bitcoin is not a high risk high return investment because that sounds more like gambling than investing whereas Bitcoin holds a long a term investment potential and nothing to be talked about like gambling.

[Barikui1]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

Since bitcoin is a long-term investment, before people invest their money in bitcoin, they should be able to figure out the amount of bitcoin they want to accumulate and how many years they intend to hold their bitcoin so that they will know how they can discipline themselves to accumulate bitcoin in such a way that they can easily hold their bitcoin for the long term without passing through difficult times to do that. It is even advisable for investors to invest in bitcoin with the money they will not need for 4-10 years or more or with the money they can afford to lose so that they will not depend on their bitcoin investment to survive since they won't be using the money that is meant to cover up for their living expenses to invest in bitcoin.

 

To me it's not all about investing the money you don't need for 4 to 10 years is how willing are you to take the risk because bitcoin is high risk high return which is 50 50.

No no, you are actually getting it all wrong here, it's true that Bitcoin is not risk free investment, it's as risky as every other investment out there, but it  risk is very much minimal because longer-term investment like Bitcoin that appreciate in value overtime has the higher probability of making a fortune for you if you have a very good stash of it, but when talking about it risk, you are totally wrong, Bitcoin is not an alt or meme coin that the risk ratio is even higher, you can't classify Bitcoin as a 50/50 when it comes to risk, because you are more likely to secure your future financially in the longer run as a investors in Bitcoin, than the loss you might incurred if it might ever happened.

Then as for the terms you are actually using, money you don't need, I don't think it's appropriate, the right terms to use is money you can do away without for a very long period of time, because I can tell you that no matter how small the money is, as long as it is what I worked for, I need it, because it's my sweat, so know the difference.

[Mayor of ogba]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

Since bitcoin is a long-term investment, before people invest their money in bitcoin, they should be able to figure out the amount of bitcoin they want to accumulate and how many years they intend to hold their bitcoin so that they will know how they can discipline themselves to accumulate bitcoin in such a way that they can easily hold their bitcoin for the long term without passing through difficult times to do that. It is even advisable for investors to invest in bitcoin with the money they will not need for 4-10 years or more or with the money they can afford to lose so that they will not depend on their bitcoin investment to survive since they won't be using the money that is meant to cover up for their living expenses to invest in bitcoin.

  bro this thing you are saying I doubt if any anybody we have any money in hand that they don't need for 4 to 10 years not in this hard economy, what i was expecting you to say is that no matter what you are doing how much one is earning either weekly or monthly they should keep buying bitcoin and hold for long term, for that is the proper way of bitcoin investment.
What if you have $20,000 in hand and you can't afford to lose it in investing in bitcoin and you don't need the money for 4 to 10 years just as you said. what advice are you going advice give to such person, to invest or not to invest?
To me it's not all about investing the money you don't need for 4 to 10 years is how willing are you to take the risk because bitcoin is high risk high return which is 50 50.

You know that bitcoin investment is not risk-free? The reason I said that investors should use the money they will not need for 4-10 years or more is for them not to invest all their money in bitcoin or use the money that's meant to solve their daily expenses and invest in bitcoin, which will likely expose them to selling off their bitcoin during their accumulation journey. If an investor has $20,000 at hand and he or she is not willing to invest the $20,000 into bitcoin, I will advise the investor not to use the $20,000 and invest in bitcoin because the $20,000 is meant to solve the investor's daily expenses, and if he or she uses the $20,000 and invests in bitcoin, he or she will struggle to solve his or her daily expenses, which will give him or her no choice but to sell off his or her bitcoin at a loss to survive. Any money you can't afford to lose, don't invest in bitcoin because that money is meant to solve your daily expenses and not for bitcoin investment.

[As-Soon-As]

bro this thing you are saying I doubt if any anybody we have any money in hand that they don't need for 4 to 10 years not in this hard economy, what i was expecting you to say is that no matter what you are doing how much one is earning either weekly or monthly they should keep buying bitcoin and hold for long term, for that is the proper way of bitcoin investment.
What if you have $20,000 in hand and you can't afford to lose it in investing in bitcoin and you don't need the money for 4 to 10 years just as you said. what advice are you going advice give to such person, to invest or not to invest?
To me it's not all about investing the money you don't need for 4 to 10 years is how willing are you to take the risk because bitcoin is high risk high return which is 50 50.

According to your advice, all investors will be afraid to invest in Bitcoin, it becomes high risk, if you use the DCA method to reduce the risk, all Bitcoin investors will be able to invest. The deposited money may not be with many people, but according to the advice I will give, if you invest in Bitcoin, it will definitely double within four to ten years.
 Because if an investor invests in Bitcoin weekly for a long time following the DCA method, then his investment portfolio will definitely be much larger. If a low-income person invests in Bitcoin by following the DCA method for a long time, he will definitely succeed, it is very easy to convert small to large investments only if you know the techniques.

[Gallar]

I think that when investing in Bitcoin, it is necessary to know all the things related to Bitcoin. For example, you need to have all the ideas related to the Bitcoin market, how long you need to invest, you need to know all kinds of content. So that you can easily make a profit by investing, when investing in Bitcoin, you should remember that instead of investing in a short time, you should try to invest for a period of 4 to 12 years. Because in that case, your risk of loss will be greatly reduced.

I think that if you have experience in Bitcoin, you will easily become a successful investor very quickly.

  all this things you highlighted are not really necessary if you want to invest in bitcoin, just have a little knowledge about bitcoin you are good to go, because making profit in bitcoin is very simple just buy and hold for long term using one of the strategy and the most recommended strategy is DCA because it's simple and the easiest for newbie just like me and you, leave trading because it is only traders that need all things that you highlighted.

Yes, to become a bitcoin investor we don't need a lot of knowledge to get started. Because it's true, we only need to prepare cold money and determine the purchasing method. But according to my personal assumption, there is nothing wrong with a bitcoin investor if they want to learn more about bitcoin in more depth. Because this will not interfere with the course of our investment. In fact, with a more mature understanding and knowledge about bitcoin, we can know better and be more confident about bitcoin's potential. Because quite a few bitcoin investors only know that bitcoin has potential from other people. But he himself didn't find out why Bitcoin had such great potential. So, if we study Bitcoin in more depth, we will definitely know why Bitcoin has great potential and why we are advised to invest in it. Therefore, I think there is no harm in studying Bitcoin in more depth (if we have the time to do so). So in this case I agree with both of your assumptions(Gost Ms/Joy-maker). Because I think both of your assumptions are not wrong.

[Ricardo11]

bro this thing you are saying I doubt if any anybody we have any money in hand that they don't need for 4 to 10 years not in this hard economy, what i was expecting you to say is that no matter what you are doing how much one is earning either weekly or monthly they should keep buying bitcoin and hold for long term, for that is the proper way of bitcoin investment.
What if you have $20,000 in hand and you can't afford to lose it in investing in bitcoin and you don't need the money for 4 to 10 years just as you said. what advice are you going advice give to such person, to invest or not to invest?
To me it's not all about investing the money you don't need for 4 to 10 years is how willing are you to take the risk because bitcoin is high risk high return which is 50 50.

According to your advice, all investors will be afraid to invest in Bitcoin, it becomes high risk, if you use the DCA method to reduce the risk, all Bitcoin investors will be able to invest. The deposited money may not be with many people, but according to the advice I will give, if you invest in Bitcoin, it will definitely double within four to ten years.
 Because if an investor invests in Bitcoin weekly for a long time following the DCA method, then his investment portfolio will definitely be much larger. If a low-income person invests in Bitcoin by following the DCA method for a long time, he will definitely succeed, it is very easy to convert small to large investments only if you know the techniques.

To achieve success in Bitcoin investment, you do not need to invest a lot of money at once, if you can keep a very small amount of money according to your income for 8 to 10 years or 3 cycles continuously, then success will definitely come.
And this method is especially important and the best investment strategy for low-income people. Because low-income people may not have a very large amount, or they can save a very small amount by calculating their income and expenses, but in the case of DCA investment, a very small amount of money is not a problem. If you invest that very small amount of money continuously, after the next 10 years or 3 cycles, it will create a very large portfolio.
All you need is patience and a long-term holding perspective. Do not worry about the natural fluctuations of the market, continue holding continuously, have faith in the future, because the future of Bitcoin is bright, and it is capable of giving very good returns in the future.

[Odohu]

To my own knowledge on buy the Dip,and HODL.it has to do with investing buying Bitcoin and keeping it is one part,people feel is just buying Bitcoin and hodl.but on question to ask how patient are you to hodl.your patient might not be the same of mine.so it takes discipline on the highest other.and mind you you don't invest on Bitcoin with you all of what you have,cause you will definitely can not be patient.if am not mistaken I feel with my own experience investing in bitcion.is better you have some other  asset to fall to daily,and keep you mind lost out of your bitcion investment.And just stay and observe for as long a you can.

Since bitcoin is a long-term investment, before people invest their money in bitcoin, they should be able to figure out the amount of bitcoin they want to accumulate and how many years they intend to hold their bitcoin so that they will know how they can discipline themselves to accumulate bitcoin in such a way that they can easily hold their bitcoin for the long term without passing through difficult times to do that. It is even advisable for investors to invest in bitcoin with the money they will not need for 4-10 years or more or with the money they can afford to lose so that they will not depend on their bitcoin investment to survive since they won't be using the money that is meant to cover up for their living expenses to invest in bitcoin.

 bro this thing you are saying I doubt if any anybody we have any money in hand that they don't need for 4 to 10 years not in this hard economy, what i was expecting you to say is that no matter what you are doing how much one is earning either weekly or monthly they should keep buying bitcoin and hold for long term, for that is the proper way of bitcoin investment.
What if you have $20,000 in hand and you can't afford to lose it in investing in bitcoin and you don't need the money for 4 to 10 years just as you said. what advice are you going advice give to such person, to invest or not to invest?
To me it's not all about investing the money you don't need for 4 to 10 years is how willing are you to take the risk because bitcoin is high risk high return which is 50 50.

Are you for real? So you believe that an individual can not survive when something like 20% of his income is removed?  I know that the economy is not too favourable for a lot of people across the globe but people are still going to parties, drinking bear, visiting leisure and recreation centres and even changing their cars and clothing... these are important but can be reduced or even some of them avoided to channel the money into Bitcoin where it can be held for several years without being touched. I don't know why it look so strange to you that someone can keep money in Bitcoin for 4 to 10 years. It simply shows you don't know how important it is to save for the rainy days which could be during retirement or when your strenght will begin to fail you. For the records, if you can meet your basic needs and still have something significant as left over, then you can invest in Bitcoin and hold for as long as 10 years.

[Sim_card]

The reverse of this situation becomes the best approach, that is to say it is most important that one should first prioritize taken care of your basic needs that's your living expenses then the left over cash, the remaining money(discretionary income)is meant to determine how much you put in to your investment. If you don't prioritize your living first there is every possibility that you might used more than what is meant to be used for your investment to accumulate Bitcoin and will increase the risk of selling your Bitcoin too soon to settle your living expenses.

True. Does that mean that investment is not for everyone even when you have the interest and got little resources to take care of yourself? At what point do you think one should have the capacity to be able to invest his money. Because for me and for the country where I live, due to the high inflationary economy of the country and the very high standards of living, you can barely have something to save or channel into investments because of the uncertainty that the economic situation comes with. If you say, you're going to wait until you have extra funds, then you might end up waiting forever unless you're extremely comfortable with good money, which is difficult.

Take myself as a case study, I come from a community and family which is not doing so well hence my responsibility to cater for some of their needs to be able to have peace of mind and comfort. By so doing, you're tied in a situation where you have to feed yourself and still feed some people around, barely having some extra funds to invest. Does it mean one cannot also invest in crypto? Please I need some piece of advice here.

If your income cannot gove you the extra funds to invest, you should get a second means of income and cut down your expenses. When you have a second means of income, that can be used as your extra cash which you can use part of it to invest on bitcoin. Life is not easy but with proper plans and looking for ways to boost up your income will make life not as difficult as it ia for you.

I don't think that not having a discretionary income is an excuse for anyone that is willing and have the passion to invest in bitcoin for his future, because he knows that bitcoin can change his financial situation in future if he is able to accumulate a good size of bitcoin in future. I could remember when I was in your shoes, and my income hardly take care of needs talkmore of having extra cash. I had to look for various means of income, and I got a second means to add to my first income and I overcome the problem.