Buy the DIP, and HODL!

[Gallar]

We have to admit that the best way to invest in Bitcoin is the DCA method, it is a good way for every investor. To hold Bitcoin for the long term we need to have confidence that Bitcoin will do well in the future, we need to take risks and be patient. What I have learned from my real experience, is to invest what you can afford to lose in order to hold Bitcoin for the long term. I invest in Bitcoin and forget that I invested in Bitcoin. So I prefer to buy Bitcoin even at this time, my plan is to continue investing with DCA method until 2029. Now everyone has a different strategy, one person's plan will not match another's.

The DCA method is very relevant for use by all investors, both investors from the lower middle economic class and the upper middle class. Because if explained more simply, the DCA technique looks like saving. However, the difference is that DCA is more well organized and has a regular time for making bitcoin purchases. That's why DCA is perfect for all bitcoin investors. Because buying bitcoin regularly means investors don't need to be afraid of price fluctuations. But in my personal opinion, DCA can also be divided into two types depending on the circumstances of bitcoin investors. The reason is that quite a few investors collect their money first, then carry out DCA and divide their purchasing time into a certain period of time. However, there are also those who carry out DCA based on the discretionary income they can get every month from their work salary. I think these two DCA methods have the same goal. But the first method may be more suitable for rich people and the second method may be more suitable for people with middle economic conditions. So with this, it is clear that DCA is a very good purchasing method for investing in bitcoin.

[Ruttoshi]

However, despite the risk involve in trading people still make profit so I think we should not talk like trading is meaningless even though we are not a fan of it because there are people who are making money from it and some have an academy where they teach people. Off course money gotten from trading can be used to change someone's future if it is been utilize properly and again even money gotten from our Bitcoin investment, if it is not properly used or manage after taking it when it is due, can be a waste and I believe a wise person wouldn't want to useless his or her years of holding rather they will utilize it.

I think you are more of a trader and you are finding it difficult to invest and hodli for long because of the little profit that hou are seeing in the recent price fluctuation. Don't be in a rush to conclude that if trading is done properly you will make profit. There is no way that gambling/trading can be done in the proper way because in the long run, you will run at loss, is that what you are advising people to do with their hard earn funds.

Investing is the best because you are piling up up wealth for your future when bitcoin price will be very expensive, for you to benefit from all the time and resources that you have sacrifice for to build and grow your bitcoin investment portfolio.

Trading is like you throwing your money into the fire. I feel that with the recent news happening in the bitcoin community on how states government, countries and companies are considering having bitcoin reserve, a lot of people will have erase trading from their mindset, and traders should have turned into investing but it looks like those traders and trading hypers are not seeing the bigger picture of the extend bitcoin can grow in future.

 It's hard to get rich quick and such practice will always make you run at loss. But investing and building your bitcoin portfolio overtime with persistent and consistent ongoing bitcoin accumulation, is a good way to go about improving your financial status in future.

[Wind_FURY]

I believe that with the "Sovereigns", or the "Nation-States", formulating their plans on how to buy/how much to buy Bitcoin, the people behind the smaller Sovereigns are probably deciding whether to buy or not.

What's the point of this? The actual point is that the game theory behind Bitcoin ownership has changed. Those smaller Sovereigns SHOULD buy, or they lose to the Bitcoin Game to Sovereigns that HODL. We, as individuals, who have already bought Bitcoin should probably keep owning it until we see an actual top.

The top? That's probably when Bitcoin's total market value is more than Gold's total market value.

Oh gawd...  

--Snip--

 

 Ser?

You are forcefully putting what I'm saying out of context. I'm sorry if you can't truly get, or understand, how big of an eventuality of Bitcoin's topping of Gold's total market value is, but it will probably one of the biggest in history. OR perhaps, actually the biggest. Haha.

Gold has an estimated $18.50 TRILLION in total market value, and it's the most valuable commodity measured in market value. Personally, if there's a situation to start celebrating and enjoying SOME of my investment, it should be during that time, no?

[Mayor of ogba]

To invest in Bitcoin, you only need to have the ability to take risks, you see MicroStrategy company is ready to invest in Bitcoin at any time. At present, the price of Bitcoin is going high, but they are not deprived of Bitcoin investment, rather they will buy Bitcoin today.
 Because they are following this DCA method, they are investing in Bitcoin regularly every week, this investment will make more Bitcoin investors excited for them in the future. And they are playing a significant role in making the Bitcoin market boom, you can see it and you can see their investment history, it will encourage every investor.

Details: https://cointelegraph.com/news/micro-strategy-saylor-hints-bitcoin-buy-11-consecutive-week

I know we need to manage our risk level when we are investing in bitcoin, but don't make bitcoin investment look scary before you possibly mislead newbies who see themselves as not risk takers into not investing in bitcoin. Whenever we want to invest in bitcoin, we don't only need to manage our risk, but we also need a source of income and discretionary income, which will allow us to comfortably invest in bitcoin and also sort out our daily expenses anytime they arise so that we will be in the position of holding our bitcoin investment for a very long time. Before you invest in bitcoin, you should know that bitcoin is volatile in nature, and it is not a way to get rich soon. And investing in bitcoin should be in your own free will so that you will always use the money you will not need for 4-10 years or more and invest in bitcoin.You shouldn't invest in bitcoin because some rich folks are investing in bitcoin so that you will not be disappointed if there is a little decrease in bitcoin price, which might likely trigger you to sell your bitcoin because it was not what you were expecting from bitcoin investment.

[JayJuanGee]

We have to admit that the best way to invest in Bitcoin is the DCA method, it is a good way for every investor. To hold Bitcoin for the long term we need to have confidence that Bitcoin will do well in the future, we need to take risks and be patient. What I have learned from my real experience, is to invest what you can afford to lose in order to hold Bitcoin for the long term. I invest in Bitcoin and forget that I invested in Bitcoin. So I prefer to buy Bitcoin even at this time, my plan is to continue investing with DCA method until 2029. Now everyone has a different strategy, one person's plan will not match another's.

The DCA method is very relevant for use by all investors, both investors from the lower middle economic class and the upper middle class. Because if explained more simply, the DCA technique looks like saving. However, the difference is that DCA is more well organized and has a regular time for making bitcoin purchases. That's why DCA is perfect for all bitcoin investors. Because buying bitcoin regularly means investors don't need to be afraid of price fluctuations. But in my personal opinion, DCA can also be divided into two types depending on the circumstances of bitcoin investors. The reason is that quite a few investors collect their money first, then carry out DCA and divide their purchasing time into a certain period of time. However, there are also those who carry out DCA based on the discretionary income they can get every month from their work salary. I think these two DCA methods have the same goal. But the first method may be more suitable for rich people and the second method may be more suitable for people with middle economic conditions. So with this, it is clear that DCA is a very good purchasing method for investing in bitcoin.

I question whether you are sufficiently thinking through the differences between rich people and poor people because I doubt that it makes any difference to hold back money for either rich or poor, in terms of advantages.. but maybe you are just making your points in a bit awkward ways when you are talking about whether or not to have an emergency fund... which everyone should have and build up towards having, especially the longer that they invest into bitcoin, but yeah, if poor people aren't doing it (which sure I know that many times they are not), then they end up getting fucked in the end because they don't have back up funds..

Sure rich people have more discretionary income, so they may well be able to invest way more than poor people, if they put their minds to it, yet frequently rich people will still get distracted into consumption rather than investing, so seriously focused poor people may well end up catching up to and passing rich people, even though rich people have a lot of advantages, yet I think that it is a bit of a distraction to differentiate based on rich versus poor in terms of whether there might be advantages in holding back money.

I personally think that inconsistencies in income and expenses could be reasons for holding back value rather than investing right away, so surely poor people have disadvantages over rich people in terms of even making sure that they have enough income to be able to invest into bitcoin, since sometimes there is not enough income to work with in terms of making sure that they are able to build an emergency fund, yet the poor person likely needs to the emergency fund more than the rich person, yet if your point was that the poor person is not able to hold any money back for an emergency fund, then the poor person is going to end up getting fucked when he has any little emergency and he has to tap into his investment prior to his intention. so emergency funds are just as important (if not more important) for poor people as compared with rich people... but yeah, it is likely that a lot of poor people stay poor because they end up using their investment as their emergency funds rather than making sure that they have enough flexibility in their cashflow to make sure that they never have to sell their BTC at a time that is not of their own choosing.. which becomes way more dangerous with any investment that is volatile, like bitcoin.

[Tungbulu]

I personally think that inconsistencies in income and expenses could be reasons for holding back value rather than investing right away, so surely poor people have disadvantages over rich people in terms of even making sure that they have enough income to be able to invest into bitcoin, since sometimes there is not enough income to work with in terms of making sure that they are able to build an emergency fund, yet the poor person likely needs to the emergency fund more than the rich person, yet if your point was that the poor person is not able to hold any money back for an emergency fund, then the poor person is going to end up getting fucked when he has any little emergency and he has to tap into his investment prior to his intention. so emergency funds are just as important (if not more important) for poor people as compared with rich people... but yeah, it is likely that a lot of poor people stay poor because they end up using their investment as their emergency funds rather than making sure that they have enough flexibility in their cashflow to make sure that they never have to sell their BTC at a time that is not of their own choosing.. which becomes way more dangerous with any investment that is volatile, like bitcoin.

You’re absolutely correct!
It becomes tough for a person to keep accumulating BTC and building their portfolio when they experience inconsistencies in their income and expenses, and it becomes even more tougher for those living paycheck to paycheck.

During investing, poor people face more inconsistencies than the rich so I believe they’re the ones who needs the emergency funds as well as other backup funds more than every other person, and yet they’re often the ones who find it the hardest to build up one. And when unforeseen circumstances arise in the future, they’re forced to dip their hands into their investments, which could definitely result to selling at a loss or at a very wrong time under the wrong circumstances and missing out on potential gains.

This is more of a vicious cycle that potentially just keeps people stuck in poverty and inability to build a solid portfolio, they might end up investing the very little amount they have and end up using it for future emergencies rather than allowing their investments to grow and solidify overtime.
And for volatile assets such as Bitcoin, selling off your assets at such a very wrong time may potentially be very costly.

And I totally agree with you on the importance and essence of having an emergency fund, as well as other flexible cash flows when investing because these are the things that weathers future emergencies that may potentially arise to eat up your investment and also enables you to continue investing and building your portfolio.

[Y3shot]

To invest in Bitcoin, you only need to have the ability to take risks,

To invest bitcoin is not just about taking risks. Investing bitcoin is just very simple,  just get the understanding of bitcoin and invest according to your income and what you can afford. If you really have the understanding of bitcoin and you invest what you can afford you are not taking any risk because you know and understand what you are doing. Any investment that is risky is either you are investing with the money you can afford or a borrowed money,  or an investment that you are not sure about but you are just trying your luck to invest to see what the outcome will be.

you see MicroStrategy company is ready to invest in Bitcoin at any time. At present, the price of Bitcoin is going high, but they are not deprived of Bitcoin investment, rather they will buy Bitcoin today.
 Because they are following this DCA method, they are investing in Bitcoin regularly every week, this investment will make more Bitcoin investors excited for them in the future. And they are playing a significant role in making the Bitcoin market boom, you can see it and you can see their investment history, it will encourage every investor.

Details: https://cointelegraph.com/news/micro-strategy-saylor-hints-bitcoin-buy-11-consecutive-week

If you are considering the price of bitcoin, you will never invest. The price of bitcoin as been something people who don't understand bitcoin complain about even when bitcoin was well cheaper longtime ago. Buy bitcoin and hodl, the current price of bitcoin is not stopping you from making profit if you hodl bitcoin for the future.

[I_Anime]

To invest in Bitcoin, you only need to have the ability to take risks,

To invest bitcoin is not just about taking risks. Investing bitcoin is just very simple,  just get the understanding of bitcoin and invest according to your income and what you can afford. If you really have the understanding of bitcoin and you invest what you can afford you are not taking any risk because you know and understand what you are doing. Any investment that is risky is either you are investing with the money you can afford or a borrowed money,  or an investment that you are not sure about but you are just trying your luck to invest to see what the outcome will be.

you see MicroStrategy company is ready to invest in Bitcoin at any time. At present, the price of Bitcoin is going high, but they are not deprived of Bitcoin investment, rather they will buy Bitcoin today.
 Because they are following this DCA method, they are investing in Bitcoin regularly every week, this investment will make more Bitcoin investors excited for them in the future. And they are playing a significant role in making the Bitcoin market boom, you can see it and you can see their investment history, it will encourage every investor.

Details: https://cointelegraph.com/news/micro-strategy-saylor-hints-bitcoin-buy-11-consecutive-week

If you are considering the price of bitcoin, you will never invest. The price of bitcoin as been something people who don't understand bitcoin complain about even when bitcoin was well cheaper longtime ago. Buy bitcoin and hodl, the current price of bitcoin is not stopping you from making profit if you hodl bitcoin for the future.

There's no investment without any risk , all that matters Is how you manage the investment, the beauty about bitcoin is that you can easily manage bitcoin risk compare to others coin. Bitcoin is community driven token it doesn't belong to anyone but rather is for everyone.  Not like other tokens that are been manage by a particular organisation, that's why sometimes one can easily lose their money just by investing in the wrong token ( because some of them can choose to rug pull others).

Though in bitcoin there's alot of up and down movement due to price fluctuation, and to me is for our favour, especially those who into bitcoin, whenever there's dip we make good of it buy buying more and the increase in prices rewards us. With DCAing you can also minimise the risk in bitcoin because you are buying at different price intervals, same time increasing your chances in getting a better return ( you can see how beautiful this is ), that's why I can fully recommend folks to invest in bitcoin compare to other tokens or investment.

[PremiumcryptoHub]

Bitcoin is not a get rich quick scheme. You must wait a long time to succeed from Bitcoin. If you ask Bitcoin to give you quick profits like Altcoins, then you will be wrong. Because Altcoins are like gambling. It is absolutely impossible to say when it will happen. You may win from Altcoins at some point but your money is at risk. Here the chances of losing your money are higher. In the long run, it may not give you a big benefit or you may lose everything.

It is true that Bitcoin is not a get rich quick scheme but Bitcoin investment will guarantee you maximum success if you can be patient for long time. I never want to compare alt coins with bitcoin or make any comments about those coins. And the question to you is how many people have you seen who have succeeded in investing in alt coins. Bitcoin's price drops, but it quickly rises again. Ask those who are experienced and knowledgeable about investing and they will always tell you to prioritize Bitcoin as your investment. Bitcoin investment requires patience and consistency because if you have patience then you will be able to hold your investment long term and if you have consistency in investment you will be able to buy bitcoins regularly.

[GIF-JOBS]

Bitcoin is not a get rich quick scheme. You must wait a long time to succeed from Bitcoin. If you ask Bitcoin to give you quick profits like Altcoins, then you will be wrong. Because Altcoins are like gambling. It is absolutely impossible to say when it will happen. You may win from Altcoins at some point but your money is at risk. Here the chances of losing your money are higher. In the long run, it may not give you a big benefit or you may lose everything.

It is true that Bitcoin is not a get rich quick scheme but Bitcoin investment will guarantee you maximum success if you can be patient for long time. I never want to compare alt coins with bitcoin or make any comments about those coins. And the question to you is how many people have you seen who have succeeded in investing in alt coins. Bitcoin's price drops, but it quickly rises again. Ask those who are experienced and knowledgeable about investing and they will always tell you to prioritize Bitcoin as your investment. Bitcoin investment requires patience and consistency because if you have patience then you will be able to hold your investment long term and if you have consistency in investment you will be able to buy bitcoins regularly.

Bitcoin is a long-term asset, the longer an investor can hold Bitcoin, the greater his chances of success. That is why patience and consistency are the most important things in Bitcoin investment. Those who understand the true potential of Bitcoin know that every decline is an opportunity, and real Bitcoin investors invest more when the price of Bitcoin drops.

Bitcoin is a currency of future success, and those who understand this future vision and the possibility of real success can only ensure their long-term success through patience and consistency.

So gain the right knowledge about Bitcoin, know the true potential of Bitcoin, and believe in Bitcoin as a long-term asset. Then Bitcoin will not only lead you to an asset, but also to a new horizon of success for the future.

[Ryu_Ar1]

It must be clear by now after 14 years of Bitcoin launch that it's the only coin that can survive on it's own. Survival rate of other alts is also visible and we can safely conclude that they are not worthy to be tried because of there short life. Success in Bitcoin may not be in short duration but if we invest for long duration, while investing in alts is just like gambling with your money.

Such alts (Trump and Melania) with keep coming with time to time and we just need to have one stance for them i.e. stay away from them.

Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

The conditions remain the same when indeed we are trying to find the best from the investment process that we do so why approach coins like this especially for the hype that in the end it will all come back to the original price even though it cannot be denied that the increase will come quickly but the destruction will come quickly because the shitcoin scheme will remain the same all without exception.
So in the end, don't be too provoked just because of hype and fomo let alone have ridiculous beliefs like some people who say with full awareness that trump can surpass bitcoin    It's hard to digest sense lol.

[Muba20]

If you are considering the price of bitcoin, you will never invest. The price of bitcoin as been something people who don't understand bitcoin complain about even when bitcoin was well cheaper longtime ago. Buy bitcoin and hodl, the current price of bitcoin is not stopping you from making profit if you hodl bitcoin for the future.

When the price of each Bitcoin was $1000, there were people who did not dare to buy Bitcoin. They thought that the Bitcoin price would fall, but what we are seeing today after a long time is that the price of Bitcoin has increased many times. Of course, if someone only considers the price when buying Bitcoin, it will not be easy for him to buy Bitcoin. If someone keeps accumulating Bitcoin for the long term and for a good future plan, no matter what the price, then he will definitely be able to create a large Bitcoin portfolio that will be able to provide him with financial security.

It must be clear by now after 14 years of Bitcoin launch that it's the only coin that can survive on it's own. Survival rate of other alts is also visible and we can safely conclude that they are not worthy to be tried because of there short life. Success in Bitcoin may not be in short duration but if we invest for long duration, while investing in alts is just like gambling with your money.

Such alts (Trump and Melania) with keep coming with time to time and we just need to have one stance for them i.e. stay away from them.

Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

Investing in any coin other than Bitcoin is like making a deal in the dark. That is, for those who love gambling. They try to make money by investing in some coins. But real investors who believe in Bitcoin can never keep their hard-earned money in any other platform for huge profits. We see only Bitcoin rising in every bull run.

[fredericktaylor]

We have to admit that the best way to invest in Bitcoin is the DCA method, it is a good way for every investor. To hold Bitcoin for the long term we need to have confidence that Bitcoin will do well in the future, we need to take risks and be patient. What I have learned from my real experience, is to invest what you can afford to lose in order to hold Bitcoin for the long term. I invest in Bitcoin and forget that I invested in Bitcoin. So I prefer to buy Bitcoin even at this time, my plan is to continue investing with DCA method until 2029. Now everyone has a different strategy, one person's plan will not match another's.

The DCA method is very relevant for use by all investors, both investors from the lower middle economic class and the upper middle class. Because if explained more simply, the DCA technique looks like saving. However, the difference is that DCA is more well organized and has a regular time for making bitcoin purchases. That's why DCA is perfect for all bitcoin investors. Because buying bitcoin regularly means investors don't need to be afraid of price fluctuations. But in my personal opinion, DCA can also be divided into two types depending on the circumstances of bitcoin investors. The reason is that quite a few investors collect their money first, then carry out DCA and divide their purchasing time into a certain period of time. However, there are also those who carry out DCA based on the discretionary income they can get every month from their work salary. I think these two DCA methods have the same goal. But the first method may be more suitable for rich people and the second method may be more suitable for people with middle economic conditions. So with this, it is clear that DCA is a very good purchasing method for investing in bitcoin.

I personally think that inconsistencies in income and expenses could be reasons for holding back value rather than investing right away, so surely poor people have disadvantages over rich people in terms of even making sure that they have enough income to be able to invest into bitcoin, since sometimes there is not enough income to work with in terms of making sure that they are able to build an emergency fund, yet the poor person likely needs to the emergency fund more than the rich person, yet if your point was that the poor person is not able to hold any money back for an emergency fund, then the poor person is going to end up getting fucked when he has any little emergency and he has to tap into his investment prior to his intention. so emergency funds are just as important (if not more important) for poor people as compared with rich people... but yeah, it is likely that a lot of poor people stay poor because they end up using their investment as their emergency funds rather than making sure that they have enough flexibility in their cashflow to make sure that they never have to sell their BTC at a time that is not of their own choosing.. which becomes way more dangerous with any investment that is volatile, like bitcoin.

I agree with your. I prefer long-term planning with Bitcoin, so from my point of view it becomes a bit difficult for poor people to invest long-term, because they don't have enough money to invest.  However, it is more important for poor people to have an emergency fund than for rich people, as their income is less stable and unexpected expenses can further damage their finances.  If a poor person wants to invest in Bitcoin, he must have an emergency fund because his long-term investment can solve the problem from the emergency fund in case of financial problems, that's why basically every person needs an emergency fund.

[MusaPk]

Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

The conditions remain the same when indeed we are trying to find the best from the investment process that we do so why approach coins like this especially for the hype that in the end it will all come back to the original price even though it cannot be denied that the increase will come quickly but the destruction will come quickly because the shitcoin scheme will remain the same all without exception.
So in the end, don't be too provoked just because of hype and fomo let alone have ridiculous beliefs like some people who say with full awareness that trump can surpass bitcoin    It's hard to digest sense lol.

Every alt has one thing in common which is they have a cycle like this:

1. It is launched.
2. It goes up.
3. and goes down and stay down forever.

Despite the fact that there are so many Atls that have eaten money of people, still people are investing money in coins like Trump and Manila. they might be the one who don't do proper research or study the past incidents before investing in such alts or the one who live in denial. Since we are discussing how to invest in Bitcoin and HODL here in this thread, our main focus must be about defining strategy on how to invest in Bitcoin and HODL for long term.  

[JayJuanGee]

Bitcoin is not a get rich quick scheme. You must wait a long time to succeed from Bitcoin. If you ask Bitcoin to give you quick profits like Altcoins, then you will be wrong. Because Altcoins are like gambling. It is absolutely impossible to say when it will happen. You may win from Altcoins at some point but your money is at risk. Here the chances of losing your money are higher. In the long run, it may not give you a big benefit or you may lose everything.

It is true that Bitcoin is not a get rich quick scheme but Bitcoin investment will guarantee you maximum success if you can be patient for long time.

Bitcoin is not guaranteed, even if we look at the long term.

We might be a lot closer to saying that fiat is guaranteed to continue to lose value, and various fiat and/or debt systems retain a lot of encumbrances where they cannot really print their way out of the level of their encumbrances, and the value of bitcoin is somewhat related to the guarantee that various fiat systems are fucked.. and also bitcoin is more money-like and a better money than other places where value could be held, so bitcoin is the best place to put value, yet it still is not guaranteed.

Each of us should attempt to manage our bitcoin position size, and sure there is no problem to be as aggressive as we are able to be in regards to putting value in bitcoin, yet I think that we would get ourselves into trouble if we really expect some kind of guarantee.. whether we are looking 4-10 years down the road or even some further out time frame.

I never want to compare alt coins with bitcoin or make any comments about those coins. And the question to you is how many people have you seen who have succeeded in investing in alt coins. Bitcoin's price drops, but it quickly rises again. Ask those who are experienced and knowledgeable about investing and they will always tell you to prioritize Bitcoin as your investment. Bitcoin investment requires patience and consistency because if you have patience then you will be able to hold your investment long term and if you have consistency in investment you will be able to buy bitcoins regularly.

I cannot think of any shitcoin that even closely would be able to survive without bitcoin, which means that they are all tied to the success of bitcoin's performance in order to perform, and sure it could be possible that you might study one or more shitcoins and consider some potential that they might  have, yet there is burden to actually figure out the coin and why it might have value, so most likely if any of us are going to gamble on any shitcoin and we cannot resist but to consider that one or more shitcoins have long term value, then perhaps we can save ourselves from being recked if we limit our investment into any of the shitcoins to less than 10% the  size of our bitcoin investment.... .. another thing that we have to consider (as you also seemed to suggest PremiumcryptoHub), is that when we are spending time fucking around with various shitcoins that are likely valueless, we are diluting our time, energies and value from bitcoin, and so there is a lot to learn from bitcoin, and sure maybe we can learn more than one thing at a time and we can dilute our funds and not be negatively affected, yet we should consider how well we are using our time, energies and value if we are putting that into shitcoins rather than into bitcoin.

It must be clear by now after 14 years of Bitcoin launch that it's the only coin that can survive on it's own. Survival rate of other alts is also visible and we can safely conclude that they are not worthy to be tried because of there short life. Success in Bitcoin may not be in short duration but if we invest for long duration, while investing in alts is just like gambling with your money.

Such alts (Trump and Melania) with keep coming with time to time and we just need to have one stance for them i.e. stay away from them.

Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

You are correct.  We cannot let the shitcoiners and the convolution of topics distract us from both seeing bitcoin first, but not letting them confuse and distract from our understanding of the value of bitcoin, bitcoin first and understanding the difference between bitcoin and shitcoins, including that dumb-ass politicians are talking out of both sides of their mouths and investing into WBTC rather than real bitcoin... and yeah, they might be making a killing through their fraud and the attention that they get, but we still need to keep our eyes on the prize, including if their might also be some attacks upon bitcoin that could be happening too.. yet even if there are not direct attacks, some of the framings could be more subtle kinds of attacks that contribute to confusion rather than clarity..

The conditions remain the same when indeed we are trying to find the best from the investment process that we do so why approach coins like this especially for the hype that in the end it will all come back to the original price even though it cannot be denied that the increase will come quickly but the destruction will come quickly because the shitcoin scheme will remain the same all without exception.

Sometimes shitcoins can retain value for many years and through more than one bitcoin cycle.. Think about that shitcoin ethereum, it is ONLY recently dying like it should be, yet many times, even recently, there were folks proclaiming that ethereum had outperformed bitcoin for extended periods of time (which it actually did), so there can be various ways to cause a lot of shitcoins to create value very quickly, and some folks might end up being successful in riding those waves or getting distracted into those kinds of pump and dump schemes. 

Some of them will pollute the conversation, and they might not even be factually inaccurate about how much money they made in a short period of time, yet there still are going to be needs to keep our eyes on the prize.. the scams are not going to stop and we might even have 4 years of scams, and some of them might outperform bitcoin, and we might not even know exactly why they are pumping and they might even have some "bitcoin-like" qualities, including ingenious ways to pump and to cause some of their followers to get rich quick and to be lured away from bitcoin.  If you sufficiently come to understand some of the reasons why bitcoin is sound money and why sound money is the killer app, then you are less likely to get distracted away by shiny objects and/or  lures of short term profits that may or may not end up working out for you, even if they might appear like "free-money." 

I would still suggest that any guys getting distracted into various shitcoins, they should attempt to exercise some self-control and don't be allocating more than 10% of your time, energies and/or values into shitcoins.  I personally recommend just say no to those distractions, yet I know many guys cannot resist, so if they can at least limit their gambling, then they would have greater chances of NOT overly fucking themselves in regards to their own inclinations towards "fun" or whatever might be luring them over to the shiny bells and whistles.

So in the end, don't be too provoked just because of hype and fomo let alone have ridiculous beliefs like some people who say with full awareness that trump can surpass bitcoin    It's hard to digest sense lol.

People are repeatedly dumb, so they will buy into some of the talking points and even come to bitcoin threads to pump their nonsense.  Some guys will also get completely out of bitcoin or maybe even just hold 10% in bitcoin, so it can be difficult to control degeneracy and gullibility - and so sometimes it can be difficult to save others from themselves, and we largely may ONLY be able to save ourselves and/or to limit our own level of distractedness.

[Zackz5000]

Bitcoin is not a get rich quick scheme. You must wait a long time to succeed from Bitcoin. If you ask Bitcoin to give you quick profits like Altcoins, then you will be wrong. Because Altcoins are like gambling. It is absolutely impossible to say when it will happen. You may win from Altcoins at some point but your money is at risk. Here the chances of losing your money are higher. In the long run, it may not give you a big benefit or you may lose everything.

It is true that Bitcoin is not a get rich quick scheme but Bitcoin investment will guarantee you maximum success if you can be patient for long time. I never want to compare alt coins with bitcoin or make any comments about those coins. And the question to you is how many people have you seen who have succeeded in investing in alt coins. Bitcoin's price drops, but it quickly rises again. Ask those who are experienced and knowledgeable about investing and they will always tell you to prioritize Bitcoin as your investment. Bitcoin investment requires patience and consistency because if you have patience then you will be able to hold your investment long term and if you have consistency in investment you will be able to buy bitcoins regularly.

Bitcoin investment doesn't guarantee you maximum success if this is true then people won't be afraid to invest in bitcoin you won't even be advised to invest with the amount you can be able to loss or with out it affecting your personal needs assuring people that bitcoin investment guarantee maximum success could really be misleading you can as well loss even if you hold for a longer time bitcoin price is just unpredictable to guarantee maximum success.

We have to admit that the best way to invest in Bitcoin is the DCA method, it is a good way for every investor. To hold Bitcoin for the long term we need to have confidence that Bitcoin will do well in the future, we need to take risks and be patient. What I have learned from my real experience, is to invest what you can afford to lose in order to hold Bitcoin for the long term. I invest in Bitcoin and forget that I invested in Bitcoin. So I prefer to buy Bitcoin even at this time, my plan is to continue investing with DCA method until 2029. Now everyone has a different strategy, one person's plan will not match another's.

The DCA method is very relevant for use by all investors, both investors from the lower middle economic class and the upper middle class. Because if explained more simply, the DCA technique looks like saving. However, the difference is that DCA is more well organized and has a regular time for making bitcoin purchases. That's why DCA is perfect for all bitcoin investors. Because buying bitcoin regularly means investors don't need to be afraid of price fluctuations. But in my personal opinion, DCA can also be divided into two types depending on the circumstances of bitcoin investors. The reason is that quite a few investors collect their money first, then carry out DCA and divide their purchasing time into a certain period of time. However, there are also those who carry out DCA based on the discretionary income they can get every month from their work salary. I think these two DCA methods have the same goal. But the first method may be more suitable for rich people and the second method may be more suitable for people with middle economic conditions. So with this, it is clear that DCA is a very good purchasing method for investing in bitcoin.

I personally think that inconsistencies in income and expenses could be reasons for holding back value rather than investing right away, so surely poor people have disadvantages over rich people in terms of even making sure that they have enough income to be able to invest into bitcoin, since sometimes there is not enough income to work with in terms of making sure that they are able to build an emergency fund, yet the poor person likely needs to the emergency fund more than the rich person, yet if your point was that the poor person is not able to hold any money back for an emergency fund, then the poor person is going to end up getting fucked when he has any little emergency and he has to tap into his investment prior to his intention. so emergency funds are just as important (if not more important) for poor people as compared with rich people... but yeah, it is likely that a lot of poor people stay poor because they end up using their investment as their emergency funds rather than making sure that they have enough flexibility in their cashflow to make sure that they never have to sell their BTC at a time that is not of their own choosing.. which becomes way more dangerous with any investment that is volatile, like bitcoin.

I agree with your. I prefer long-term planning with Bitcoin, so from my point of view it becomes a bit difficult for poor people to invest long-term, because they don't have enough money to invest.  However, it is more important for poor people to have an emergency fund than for rich people, as their income is less stable and unexpected expenses can further damage their finances.  If a poor person wants to invest in Bitcoin, he must have an emergency fund because his long-term investment can solve the problem from the emergency fund in case of financial problems, that's why basically every person needs an emergency fund.

Emergency fund can come later what is important at first is your discretionary income which is aswell your leftover fund then emergency can come along the line. You can actually accumulate Bitcoin and HODL for long despite been poor you can accumulate as little as the level of discretionary income and also by adopting the DCA strategy where you can easily be accumulating Bitcoin gradually either by week's or month without considering the price of Bitcoin either and hodl for a longer period of time.

[iBaba]

I personally think that inconsistencies in income and expenses could be reasons for holding back value rather than investing right away, so surely poor people have disadvantages over rich people in terms of even making sure that they have enough income to be able to invest into bitcoin, since sometimes there is not enough income to work with in terms of making sure that they are able to build an emergency fund, yet the poor person likely needs to the emergency fund more than the rich person, yet if your point was that the poor person is not able to hold any money back for an emergency fund, then the poor person is going to end up getting fucked when he has any little emergency and he has to tap into his investment prior to his intention. so emergency funds are just as important (if not more important) for poor people as compared with rich people... but yeah, it is likely that a lot of poor people stay poor because they end up using their investment as their emergency funds rather than making sure that they have enough flexibility in their cashflow to make sure that they never have to sell their BTC at a time that is not of their own choosing.. which becomes way more dangerous with any investment that is volatile, like bitcoin.

I agree with your. I prefer long-term planning with Bitcoin, so from my point of view it becomes a bit difficult for poor people to invest long-term, because they don't have enough money to invest.  However, it is more important for poor people to have an emergency fund than for rich people, as their income is less stable and unexpected expenses can further damage their finances.  If a poor person wants to invest in Bitcoin, he must have an emergency fund because his long-term investment can solve the problem from the emergency fund in case of financial problems, that's why basically every person needs an emergency fund.

I have a slightly different opinion to this discussion. For me, I would like to understand it clearer what category of poverty we are discussing here and what is the basis or criteria that can be used to identify who's poor and the category of people who can be regarded as poor yet not destitute (meaning they can still spare out some little percentage of their funds for emergency purposes).

For me, I've classified poverty into 5 different categories in my own opinion, starting with the class of Relative Poverty. These class of people are relatively poor, while they may meet some basic needs, they are regarded relatively poor because they are significantly poorer than those with average standard of living within our society. These class of individuals, although are poor people, will have the capacity to raise some funds for long-term DCA  investment while they still have spare money for emergency, however little.

The second category of poor people is the Working Poor people. These people are still regarded poor because they earn wages that are incapable and insufficient to lift them above the poverty line. Example are cleaners and other blue-collar jobs. Although, they are workers and might be placed on wages but that job is not able to lift them above the poverty line. They may also be able to squeeze themselves into DCA approach of investments with the little funds at their disposal after taking out their needs.

The third class are the Rural Poor individuals. These are poor people who live in the rural areas and mostly depend on farming on small piece of land or become low-income laborers to others in their farms. They often have limited access to infrastructure and other basic amenities. These class of people can barely muscle out funds to cater for their basic and extra needs and only have funds to eat from hand to mouth. Their resources are oftentimes limited to food and shelter and could barely keep some funds for emergency. These kind of poor people will find it difficult to invest in Bitcoin and other cryptocurrency.

The fourth class are the Urban Poor individuals, while they may lookalike with the Rural Poor people, they probably earn more than the rural poor people but with limited access to job opportunities, clean water and affordable housing. These poor people spend most of their incomes on house rents and Healthcare can could barely secure extra funds for emergency. These set of people might be able muscle out funds for investments but even when they participate in DCA, they cannot keep up with the investment for a long time.

The last one is the Destitute. I termed them the Destitute because they become the class of people with worse and extreme form of poverty. They are homeless and lack all forms of amenities and only survive on begging or charity for survival. These set of individuals cannot provide a two square meal talk more of having funds for emergency purposes or investments. No matter how economical these set of people become, they cannot still raise funds for emergency purposes or investments.

However, haven't mentioned all of these, whether you're rich or poor, one thing you must also consider is one's ability to control his spending and manage some funds for investment. People who are poor and are still capable of raising funds for investments can actually go into the DCA approach effectively. They can decide to participate in crypto investments but with a very prudent financial discipline and management.

Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

The conditions remain the same when indeed we are trying to find the best from the investment process that we do so why approach coins like this especially for the hype that in the end it will all come back to the original price even though it cannot be denied that the increase will come quickly but the destruction will come quickly because the shitcoin scheme will remain the same all without exception.
So in the end, don't be too provoked just because of hype and fomo let alone have ridiculous beliefs like some people who say with full awareness that trump can surpass bitcoin   It's hard to digest sense lol.

Every alt has one thing in common which is they have a cycle like this:

1. It is launched.
2. It goes up.
3. and goes down and stay down forever.

Despite the fact that there are so many Atls that have eaten money of people, still people are investing money in coins like Trump and Manila. they might be the one who don't do proper research or study the past incidents before investing in such alts or the one who live in denial. Since we are discussing how to invest in Bitcoin and HODL here in this thread, our main focus must be about defining strategy on how to invest in Bitcoin and HODL for long term.  

It will be wrong if you generalized these criteria on all alt coins. Not all altcoins must obey the third criteria you mentioned. Although I will align more with you when you popularize this with memecoins like the $TRUMP & $MELANIA memecoins than just generalizing it on all altcoins. What will you then do with strong altcoins like the Solana and Ethereum coins. While all memecoins are known as altcoins, it will be improper to regard or assume all altcoins as memecoins.

Hitherto, I won't advise any newbie or amateur in investment to put their capitals on any altcoin without doing a proper investigation of the market trajectory of such coin and as for the memecoins, it's a total gambling for me, so it will remain a no go area of investment for me. Historically, memecoins have been regarded as pump and dump projects, so there's no need going through such risks when you have your history note.

[ginsan]

I agree with your. I prefer long-term planning with Bitcoin, so from my point of view it becomes a bit difficult for poor people to invest long-term, because they don't have enough money to invest.  However, it is more important for poor people to have an emergency fund than for rich people, as their income is less stable and unexpected expenses can further damage their finances.  If a poor person wants to invest in Bitcoin, he must have an emergency fund because his long-term investment can solve the problem from the emergency fund in case of financial problems, that's why basically every person needs an emergency fund.

You call it poor people fail to invest for the long term, of course that doesn't make sense, my friend.

Not a group that can be mentioned in your explanation, poor people and rich people are the same if they want to implement long-term investment, they can definitely do it as long as they are willing to hold.

I think there are no types of investors, whether rich or poor, they are still called investors. To start investing, we only need a regular income that we get from our jobs, the remaining or discretionary income will determine our investment, meaning if discretionary income can be used for investment, then the investor is wise in thinking, but if someone uses discretionary income to gamble, splurge, then he will not be able to change his fate in the future.

Likewise in bitcoin investment, investors only need careful planning that they can carry out in the early stages of purchase until they reach the final stage of purchase. How investors only need patience in investing in bitcoin because it is impossible for us to get rich as quickly as possible without the efforts we have made.

Therefore, trust your own decisions, use your income to invest because life requires savings or deposits, so a better savings is of course to have Bitcoin in our portfolio.

[Taskford]

It must be clear by now after 14 years of Bitcoin launch that it's the only coin that can survive on it's own. Survival rate of other alts is also visible and we can safely conclude that they are not worthy to be tried because of there short life. Success in Bitcoin may not be in short duration but if we invest for long duration, while investing in alts is just like gambling with your money.

Such alts (Trump and Melania) with keep coming with time to time and we just need to have one stance for them i.e. stay away from them.

Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

The conditions remain the same when indeed we are trying to find the best from the investment process that we do so why approach coins like this especially for the hype that in the end it will all come back to the original price even though it cannot be denied that the increase will come quickly but the destruction will come quickly because the shitcoin scheme will remain the same all without exception.
So in the end, don't be too provoked just because of hype and fomo let alone have ridiculous beliefs like some people who say with full awareness that trump can surpass bitcoin    It's hard to digest sense lol.

This is provably goes around since many people still blinded with some facts that they can easily get profits with shitcoins. They read to many unverified stories like someone turn their chunks into millions that's why it creates a lot of FOMO's around.

What we see at current situation especially on those token introduce by Trump and his wife is everything is at red zone. To many people getting panic on what happen and also I believe that to many people lose their money that's why its not really ideal to anyone to ride on hype and FOMO on shitcoins since they will just end up losing money in that risky altcoins.

See a lot of hypes about that belief before and for sure they already know that nothing can beat Bitcoin even that meme coin introduce by Trump. If those investor just realize that buying Bitcoin is more way better than those shitcoins for sure they would never get stressed around and just continue to get satisfied while accumulating more Bitcoin.

[Moreno233]

Honestly, I'm starting to get fed up with all the talk about coins like this because it seems like too many people are blinded by the temporary hype that they don't realize it won't last.
In some sub forums there is also a lot of discussion about trump again, trump again and I'm getting bored with discussing coins that in the end will not develop apart from those who are trying to raise and drop it quickly as usual.

The conditions remain the same when indeed we are trying to find the best from the investment process that we do so why approach coins like this especially for the hype that in the end it will all come back to the original price even though it cannot be denied that the increase will come quickly but the destruction will come quickly because the shitcoin scheme will remain the same all without exception.
So in the end, don't be too provoked just because of hype and fomo let alone have ridiculous beliefs like some people who say with full awareness that trump can surpass bitcoin    It's hard to digest sense lol.

Every alt has one thing in common which is they have a cycle like this:

1. It is launched.
2. It goes up.
3. and goes down and stay down forever.

Despite the fact that there are so many Atls that have eaten money of people, still people are investing money in coins like Trump and Manila. they might be the one who don't do proper research or study the past incidents before investing in such alts or the one who live in denial. Since we are discussing how to invest in Bitcoin and HODL here in this thread, our main focus must be about defining strategy on how to invest in Bitcoin and HODL for long term.  

I spent majority of my time lately, advising people to be careful of the trending memcoins because they will definitely end in tears. What broke my heart is when I saw people talking about holding $TRUMP for years  because they believe that if the ETF that was filled for $TRUMP is approved, the coin will surge and remain strong for a very long time. I don't know who is motivating them in this direction but what I do know is that the hype will die with time and so will those shitcoins that are built on nothing.

I have learnt that no matter what we do, people will always be moved by the urge for quick profits. This is even the reason why these shitcoins are able to rake money from people. If people can see that the way to build sustainable investment is through Bitcoin, maybe they will learn to remain with Bitcoin.