Buy the DIP, and HODL!

[Stormisover]

There is nothing wrong using the lump sum strategy if the money is there it won't trigger any financial stress if the income is available there are rich people who are using the lump sum strategy and also the DCA strategy poor people may also decide to lump sum if probably they won a lottery or unexpected huge amount of money came there way he or she may decide to lump sum without them selling there bitcoin holding since they will still be using the DCA strategy.

But it is better they use DCA than to buy at once even if the money is there. Bitcoin price always fluctuate and if we buy at once using a large money and the price is down a lot, we can be difficult to buy back Bitcoin. But if we can steady to use the same amount of money and allocate the money by our capability, that will help us to have the money and prepare for the next down time.

No, I disagree on what you are trying to say here, what's the point splitting the money to buy bit by bit when the money is available?
I am quite aware that the DCA accumulating strategy is the best way to accumulate Bitcoin, but it makes no sense if you have like $1k that you are not going to need in a very long time, but your dca budget is like $100 weekly, instead of you to use it all the $1k to buy at once, you will Start splitting it bit by bit just to make it look as if you are DCAing, who are you trying to impress by doing that?
Do not forget that we are still in the early days of Bitcoin, so it's still very cheap compared to how much it might get up to in the future, so seizing any buying opportunity is the best accumulating strategy too me, once the funds is available, just buy, because now is the best time to buy, not later or tomorrow.

Having gone through  the importance of various strategies, at one point or the other one can outperform the other because of Bitcoin volatility and the choice of using any of the strategies should be based at first your risk level, there is nothing wrong if someone have a lump sump amount and chooses to buy with DCA strategy, it is the persons choice and that is what suits the persons risk tolerance, and there is nothing to impress anyone about that, every one is running the race at their own pacing and comfort and there is nothing to impress anyone about it.

[Btcdeybodi]

There's no bitcoin strategy that will trigger financial stress; if you can figure out your finances and know the type of bitcoin strategy, it can possibly allow you to accumulate bitcoin without passing through difficult times. The only problem some investors have is that they will know too well that their money won't allow them to invest in bitcoin with a lump sum, but yet they will still ignore it and buy bitcoin with a lump sum strategy, and before you know it, they will start struggling to solve their daily expenses because they have invested in bitcoin aggressively. The only time you can use a lump sum strategy to buy bitcoin is when you have figured out your finances and know that if you buy bitcoin with a lump sum strategy, it won't stop you from solving your daily expenses.

Yeah you are right, it is very important we know our financial strength because when you know your financial strength it will help you know the Bitcoin strategy that will be more easy for you, the reason why they are different strategy is because there different financial strength and different income follow so is better to first of all go through all the different Bitcoin strategy that are available and then match each with your finance anyone you feel will be more comfortable and convenient you then you it, is very wrong if we choose a strategy because we feel other people are using it, or we feel it will be more fast, the right way is if the strategy matches very well with your finance and we are comfortable with it.

Your financial strength does not determine the strategy that you will use to invest as a new investor but rather your discretionary income. Your financial strength will only determine how aggressive you can be when you are accumulating bitcoin. A new investor should use DCA method to accumulate his bitcoin every week/month regularly with the amount of his discretionary income that will enable him continue accumulating for 4-10 years and above consistently and persistently to keep his bitcoin investment accumulation ongoing in order to build and grow his bitcoin portfolio overtime.

Sure but your financial strength determines your level of your discretionary income because someone who earns higher income is likely to have more discretionary income compared to the other who earns lesser amount but it will also be determined by the amount of their expenses before their discretionary income because someone with a high income can spend more than someone that earns lower which can even mean that a low income earner can have more discretionary income than the high income earner. It is not compulsory for a new investor to use the DCA strategy, they can use any other strategy inasmuch as they find it accommodating enough to continue with their investment without any issues.

An investor with weak financial strength will only by with a little about based on his discretionary income and he wouldn't have any options to increase  his bitcoin portfolio faster than an investor with strong financial strength. This is because the investor with strong financial strengths has various options to increase his bitcoin portfolio overtime by buying aggressively, maybe frontload, buy with lump sum before starting with DCA, and he can also lump sum at certain intervals. Maybe twice, three times or four times a year depending how aggressive he wants to be. He also has the funds to buy as much ad as he wabts during the dip. Because he has several means of income already in place or established.

Whether an investor has weak financial strength or not, his level of accumulation will sorely depend on his discretionary income available for investment. it is true that an investor with strong financial strength has many options on how to accumulate bitcoins but it also go down to their financial management because if he doesn't manage his finances wisely and carefully, he may still be investing like someone who has low financial income.

[Umulala-alala]

what matters in bitcoin investment for long time is your decision, because I know very well that if you have the mindset to accumulate your bitcoin you will leave your bitcoin stay as long as you want, but a process whereby you don't have don't have the mindset to accumulate  bitcoin you will not have a decision of keeping your bitcoin for long-term, theirs no maintenance in keeping your bitcoin to anytime you like, keeping bitcoin long time or not keeping for long time is your decision.

A good mindset is to buy with a DCA strategy, manage financial traffic well, then investment will be easy to plan for the long term. Work hard and find additional income to be able to buy more aggressively or accelerate our investment targets.

When investing for the first time, of course, doubts must be eliminated. We must focus properly on what we want to target in investing in bitcoin. If we target the accumulation of 1 BTC in the next 2 years, of course we must focus and find additional income to support the smooth purchase so that it is not hampered by a single stage.

Investments should be done in such a way that investments are never burdensome to us. When we can invest to meet all our needs or needs, we will not feel investment pressure and we will be able to succeed by planning that investment for a long time in a relaxed way. When it comes to investing I think some proper planning is necessary before starting, everyone has a different investment plan like how long he will hold his investment as well as how he will manage his investment. If investment can be planned in this way and if that investment can be done according to DCA investment strategy, then I think this investment strategy will be an effective investment strategy for the investor on the one hand and this investment strategy will help the investor to make long term investment. At present most of the investors are seen investing using DCA investment method so undoubtedly this investment method can be considered as an effective investment method.

Dca strategy is not the only strategy for accumulating bitcoin and the fact that an investor is using dca strategy does not stop him from making use of the other strategy. An investor can combine two of the strategies or all while accumulating bitcoin. He can be doing dca and still buy the dips when it occurs and also do lump buying when extra cash arises. So I believe none of the strategies  are ineffective since an investor is not refrain from making use of the other strategies while using dca.

I think you are misunderstanding Lidger, he or she is not saying that DCA method is the only method for accumulating Bitcoin rather what Lidger was saying is that DCA can help one invest at any price and DCA can also help investor to invest regularly unlike to buy when there is Dip and lump sum. Any other method or strategy is still effective and good but the most reliable one is the DCA because it allows both the rich and the poor to invest without any stress and with a desire amount unless they decide to a change. You can use all the strategy if you wish and if you have the capacity because not everyone has the capacity to use the three strategy but anyone who can use the three method will grow their portfolio within a short interval.

Investing by DCA doesn't mean that anyone is ignorant of the fact that accumulation by other means may help increase your wallet within a very short time. One goal of using the DCA method is to avoid financial stress and ensure longevity hodl. Introducing lump sum into bitcoin may trigger financial stress which may lead to selling of bitcoin before your supposed time. Gradual accumulators hold longer.

There's no bitcoin strategy that will trigger financial stress; if you can figure out your finances and know the type of bitcoin strategy, it can possibly allow you to accumulate bitcoin without passing through difficult times. The only problem some investors have is that they will know too well that their money won't allow them to invest in bitcoin with a lump sum, but yet they will still ignore it and buy bitcoin with a lump sum strategy, and before you know it, they will start struggling to solve their daily expenses because they have invested in bitcoin aggressively. The only time you can use a lump sum strategy to buy bitcoin is when you have figured out your finances and know that if you buy bitcoin with a lump sum strategy, it won't stop you from solving your daily expenses.

Yeah you are right, it is very important we know our financial strength because when you know your financial strength it will help you know the Bitcoin strategy that will be more easy for you, the reason why they are different strategy is because there different financial strength and different income follow so is better to first of all go through all the different Bitcoin strategy that are available and then match each with your finance anyone you feel will be more comfortable and convenient you then you it, is very wrong if we choose a strategy because we feel other people are using it, or we feel it will be more fast, the right way is if the strategy matches very well with your finance and we are comfortable with it.

As a newbie in bitcoin investment you should use the dollar cost averaging strategy since there will still be some doubt in you concerning bitcoin investment you can use to start buying bitcoin gradually at regular interval regardless of bitcoin price.

[JayJuanGee]

Another important thing is that the investment is largely risk-free and you should invest the amount that you can afford to lose.

This statement from you is confusing.
Bitcoin is not risk free.

The advise about investing an amount that you "can afford to lose" is advice given to show that the investment (including an investment in bitcoin) could go to zero, so when you invest, you are choosing to invest into bitcoin from extra money that you have, and you are aware that you could lose up to 100% of your investment amount.

I think I understand what you mean. I actually meant to say that Bitcoin is a safe investment where investors can be safe and risk free compared to other investments if they are inclined to save for the long term. What you are suggesting is to accumulate Bitcoin from excess/discretionary income and have a long term savings period which can be 4-10 years or more.
If an investor does Bitcoin in this way he will be financially risk free that is what I meant. Investment is risk free from the point of view where one uses his money to the extent that he could have spent extra/discretionary income. We mostly know that the value of Bitcoin will never go to zero but as an investor we should be prepared to refrain from using all our assets in investments or not being overly emotional. Saving in proportion to income and accumulating Bitcoin for many years. Having a large amount of backup fund and not missing the bearish season Bitcoin lump sum event.

You are actually right but the fact that Bitcoin is a very nice asset and has potential doesn't mean it is risk free, in fact no investment is risk free but rather the risk in Bitcoin is very minimal compare to other investment because since you are investing for long term and off course using what you can afford to let go. The small risk I'm talking about include; exposing of seed phrase and some other I can't be able to remember now. But the interesting part about Bitcoin is that even if you don't have enough money  before you can start investing so long as you have set up your discretionary, reserve and emergency funds there's no need to stress yourself because with these your investment will run very smoothly unless there's a change in the above mention.

"RISK FREE", but in what time frame? ZOOM OUT to the maximum, HODL! and have a LOWER time-preference, LONGER time-horizon.

Many people after three cycles will call us "lucky" without thinking what mental insanity, STRESS, AND ANXIETY we HODLers have gone through. BUT, I will still tell them, "Yeah, I merely sort of got lucky".   

There is quite a bit of truth that stress can come when we are in our earliest stages of BTC accumulation, and it can also come after we have been building a decently-sized investment portfolio.  Even if someone, had gotten into 10x or 20x profits, but then if his BTC stash still drops 70% or more, then his level of profits are way less.. maybe 3x to 6x, but then at the same time, if he is still accumulating bitcoin, he can have dilemmas regarding how aggressively he should keep buying. 

For sure, having a steady income might take away decent amounts of the stress, and also if bitcoin buyer (accumulator/investor) is still pretty young, then he likely realizes that he still has quite a bit of time to either keep building his bitcoin investment or to wait for it to appreciate in value (of course, with no guarantees, but still senses of confidence that he is allocating in reasonable ways depending on his personal specifics).  So there can be dilemmas about keeping on buying bitcoin, even if a person might have built his bitcoin investment over 9 years with $10 per week or some modest amount, he well could have a lot of profits right now, but then feel that he  might still need to continue investing into bitcoin, maybe at a higher level, such as $50 to $100 per week, even though the BTC is costing him way more than his earliest of BTC had cost, but he might recognize that he needs to be trying to figure out his stack size and to keep building it, rather than focusing on how much his stack is in profits, since he sees that he still does not have enough for his potential purpose of wanting to sustainably draw an income from his BTC stash.

[edited out]

One thing about life is that when people sees you doing well in what ever you endeavors to do, they actually don't knows the pain and sacrifices made in other for such feat to be achieved, they think it's by luck or by chance, they actually don't know that behind that success, their is a lot of sleepless night, stay up late, disciplining yourself by  depriving yourself of so many things so as to achieve your set goals, and most Bitcoin investors don't actually knows that holding without tempering with it is even more difficult than buying, but regardless of anything else, we that are at the forefront knows the scars and bruises behind our success, because nothing good comes easy.

Then talking about risk, honestly no investment is risk free, but the risk attached to Bitcoin can easily be shrinked if an investor can hold for a very long period of time, because since Bitcoin is an asset that appreciate in value overtime, their is a higher probability that your financial status can change forever only if you can accumulate a very huge stash of it now and hold for like three to five circles.

You highlight a decently interesting point regarding how tempting it can become for people, especially poor people, to want to tap into their bitcoin investment, and they have to figure out some strategies to not tap into their BTC investment and perhaps either to just hold and to spend money from other resources, or perhaps even better to keep on buying bitcoin, yet one of the difficulties that poor people will have to keep buying bitcoin is that they end up with nearly 100% (or maybe 90% if we account for emergency funds and back up funds) of their wealth in bitcoin, and they start to reasonably consider that they might need to lessen their allocations to bitcoin.. so they have to figure out some kind of way to accomplish a feeling of not having all of their eggs in the bitcoin basket while perhaps also recognizing that they still need to keep stacking bitcoin.

If a guy ONLY has an income of $500 per month, and he had been stacking $10 per week of BTC for the past 9-ish years, and maybe he built his emergency funds and various back up funds up to more than 6 months of his income (such as more than $3k), then he might have had invested $4,700 into bitcoin and accumulated 1.3529 BTC... so he has so much more value in bitcoin as compared with other places..and he might be feeling a bit of a dilemma.

Even 1.3529 BTC has a spot price value of $130k and a 200-WMA value of nearly $60k, so there is some recognition that the BTC is approaching 10x the guys income, even accounting for bottom BTC prices (the 200-WMA).  He might start to feel that he is getting close to enough BTC to live off of it to replace his current income in a sustainable manner.. but he also might want to make sure that he has some level of cushion, and he may also want to increase his standard of living, which likely would mean that he might have to continue to stack, especially if he is thinking about doubling or quadrupling his standard of living.. .. but his continuing to buy $10 of BTC per week is also not growing his BTC stack very fast, especially at today's BTC prices.

There is nothing wrong using the lump sum strategy if the money is there it won't trigger any financial stress if the income is available there are rich people who are using the lump sum strategy and also the DCA strategy poor people may also decide to lump sum if probably they won a lottery or unexpected huge amount of money came there way he or she may decide to lump sum without them selling there bitcoin holding since they will still be using the DCA strategy.

But it is better they use DCA than to buy at once even if the money is there. Bitcoin price always fluctuate and if we buy at once using a large money and the price is down a lot, we can be difficult to buy back Bitcoin. But if we can steady to use the same amount of money and allocate the money by our capability, that will help us to have the money and prepare for the next down time.

No, I disagree on what you are trying to say here, what's the point splitting the money to buy bit by bit when the money is available?
I am quite aware that the DCA accumulating strategy is the best way to accumulate Bitcoin, but it makes no sense if you have like $1k that you are not going to need in a very long time, but your dca budget is like $100 weekly, instead of you to use it all the $1k to buy at once, you will Start splitting it bit by bit just to make it look as if you are DCAing, who are you trying to impress by doing that?
Do not forget that we are still in the early days of Bitcoin, so it's still very cheap compared to how much it might get up to in the future, so seizing any buying opportunity is the best accumulating strategy too me, once the funds is available, just buy, because now is the best time to buy, not later or tomorrow.

Having gone through  the importance of various strategies, at one point or the other one can outperform the other because Bitcoin of volatility and the choice of using any of the strategies should be based at first your risk level, there is nothing wrong if someone have a lump sump amount and chooses to buy with DCA strategy, it is the persons choice and that is what suits the persons risk tolerance, and there is nothing to impress anyone about that, every one is running the race at their own pacing and comfort and there is nothing to impress anyone about it.

Many times people are employing DCA because they do not have lump sum amounts coming available to them. So DCA tends to allow them to buy as much BTC as they are able to buy every week (or whatever might be their buying periods).    With a lump sum coming available, such as an extra $2k for someone who is already buying $100 every week, then he has the choice regarding how much of that extra $2k to buy right away as opposed to delaying buys with either DCA (delayed into the future) or buying on dips (delayed based on price dips that may or may not end up happening).

So yeah, of course, the guy with the $2k extra lump sum can choose to delay parts of his BTC buys into those two other categories, yet he still may have that $100 per week that he is already doing, so then he could choose to add to that DCA for a certain period of time with part of the $2k that he has.  He also might consider how long has he already been buying BTC.  If he is still in his first year of accumulating BTC, then he might choose to error on the side of just using most of the $2k to just buy right away rather than deferring any.  He also might consider how he feels about BTC's short term price direction, and many times it can be quite difficult to figure out, but he might feel that there is some possibility for dips, so then he might have some comfort in setting some portion aside for buying at certain price dip intervals that might not end up happening. ... These are not easy choices, and surely a guy who had been buying bitcoin for a whole cycle or more may well decide differently from a guy who is brand new to bitcoin investing, yet it still might not be to his advantage to change his approach, since some guys prematurely consider that they have enough BTC (and they are sufficiently prepared for UP, when they are not).

[obuoma]

Another important thing is that the investment is largely risk-free and you should invest the amount that you can afford to lose.

This statement from you is confusing.

Bitcoin is not risk free.

The advise about investing an amount that you "can afford to lose" is advice given to show that the investment (including an investment in bitcoin) could go to zero, so when you invest, you are choosing to invest into bitcoin from extra money that you have, and you are aware that you could lose up to 100% of your investment amount.

Still thinking of what could probably make one's investment in bitcoin to experience 100% loss but let me just see it as an impossible imagination even though no investment is 100% guaranteed but i don't think it is fair enough for someone to invest in bitcoin with the understanding that their investment can turn to zero. What i can just say is that while we are investing in bitcoin, we shouldn't only focus on the positive aspect of it when the price is seemingly increasing in value since there are times when the market will also become bloody so that when we experience such situation it won't cause us some distress.

I would suggest that most risks related to bitcoin, including risks of bitcoin going to zero fall into two categories.

1) execution risks - related to how you hold your BTC and secure them - which would also include third-parties that you might trust.

2) risks related to the asset itself  - surely bitcoin is  constructed upon open source software and then run by folks all around the world. There could be current bugs in the software or future implementations, which also  might relate to various kinds of insider social attacks.

We likely have more control over risks in the first category, and I am not even proclaiming that risks in the second category are meaningfully measurable, but those second category risk surely are not zero.

Some of the flaws (or risks) could bring a bitcoin investment to being unprofitable rather than going to zero.. so there are variations of scenarios to the downside and various scenarios to the upside, so the kinds of scenarios are likely on  a sliding scale, especially when referring to the  future, even though once the scenario plays out (at various points in time) it becomes absolute. 

For example, if am investing into bitcoin, and in February 2020 I try to assess bitcoin, and at that time the BTC price is largely bouncing around in the $9,500 price territories, and I lay out a variety of projected scenarios regarding where I believe bitcoin's prices might be in February 2025, I likely would account for a variety of possible upside scenarios, downside scenarios and even sideways scenarios.  I might outline 10 or more scenarios,  yet by the time February 2025 comes, ONLY one of the scenarios ended up playing out, and it might have even had been considered a minority scenario,  but by the time, the scenario plays out, that played out scenario becomes  my new base upon which to measure future scenarios from  a more informed position, so in February 2025 I am in a better position to speculate about what might happen in February 2030  as compared to where I was in February 2020.

At the same time, any of us should also be able to recognize/appreciate bitcoin's asymmetric bet to the upside (so we should be attempting to prepare ourselves accordingly, since not all future scenarios are equally plausible), since even if we may well recognize various negative scenarios, we can also recognize that the upside scenarios are quite great that still justify putting value in bitcoin rather than putting such value into other kinds of assets and/or currencies, including that bitcoin may well be the best place to put value on a wide-scale basis (even when accounting for various downside risks) as compared to other options regarding where to put value. Many people will refer to bitcoin as amongst the best (if not the best) risk-adjusted place to put value, which largely means that even accounting for the risks and the uncertainties (which are not zero), bitcoin is still the best place to put value, and at the same time, it is not guaranteed to go up.. Both things can be true at the same time.

Another important thing is that the investment is largely risk-free and you should invest the amount that you can afford to lose.

This statement from you is confusing.

Bitcoin is not risk free.

The advise about investing an amount that you "can afford to lose" is advice given to show that the investment (including an investment in bitcoin) could go to zero, so when you invest, you are choosing to invest into bitcoin from extra money that you have, and you are aware that you could lose up to 100% of your investment amount.

Still thinking of what could probably make one's investment in bitcoin to experience 100% loss but let me just see it as an impossible imagination even though no investment is 100% guaranteed but i don't think it is fair enough for someone to invest in bitcoin with the understanding that their investment can turn to zero. What i can just say is that while we are investing in bitcoin, we shouldn't only focus on the positive aspect of it when the price is seemingly increasing in value since there are times when the market will also become bloody so that when we experience such situation it won't cause us some distress.

They just need to acknowledge the risk of investing of Bitcoin so that they will not take everything easy and think about unrealistic things while on the process of investing then no sudden surprised happen if the market will undergo on correction phase since this is one of the reason why people lose since they get panic on those natural dumping occurrence of the market.

I don't think we should only focus on positive aspect since we also need to acknowledge what possible risk to come along way of our investment so that we can always make better decision to avoid losing our money for unwanted events. Consistency and trusting on the process is important so that we can survive also succeed on those effort we made on Bitcoin. Great years coming ahead and that makes a Hodler as a winner.

I totally agreed with you because focusing on the positive part may affect our decision while investing in bitcoin.  I think flexibility is also very important. Sometime not being flexible can make us loss out completely. Just like JayJuanGee said that he had different  scenario while expecting the price of bitcoin and at the end it was even the minor scenario  that play out for him and he was flexible enough to make the good use of the opportunity.

[sotelorene]

what matters in bitcoin investment for long time is your decision, because I know very well that if you have the mindset to accumulate your bitcoin you will leave your bitcoin stay as long as you want, but a process whereby you don't have don't have the mindset to accumulate  bitcoin you will not have a decision of keeping your bitcoin for long-term, theirs no maintenance in keeping your bitcoin to anytime you like, keeping bitcoin long time or not keeping for long time is your decision.

A good mindset is to buy with a DCA strategy, manage financial traffic well, then investment will be easy to plan for the long term. Work hard and find additional income to be able to buy more aggressively or accelerate our investment targets.

When investing for the first time, of course, doubts must be eliminated. We must focus properly on what we want to target in investing in bitcoin. If we target the accumulation of 1 BTC in the next 2 years, of course we must focus and find additional income to support the smooth purchase so that it is not hampered by a single stage.

Investments should be done in such a way that investments are never burdensome to us. When we can invest to meet all our needs or needs, we will not feel investment pressure and we will be able to succeed by planning that investment for a long time in a relaxed way. When it comes to investing I think some proper planning is necessary before starting, everyone has a different investment plan like how long he will hold his investment as well as how he will manage his investment. If investment can be planned in this way and if that investment can be done according to DCA investment strategy, then I think this investment strategy will be an effective investment strategy for the investor on the one hand and this investment strategy will help the investor to make long term investment. At present most of the investors are seen investing using DCA investment method so undoubtedly this investment method can be considered as an effective investment method.

Dca strategy is not the only strategy for accumulating bitcoin and the fact that an investor is using dca strategy does not stop him from making use of the other strategy. An investor can combine two of the strategies or all while accumulating bitcoin. He can be doing dca and still buy the dips when it occurs and also do lump buying when extra cash arises. So I believe none of the strategies  are ineffective since an investor is not refrain from making use of the other strategies while using dca.

I think you are misunderstanding Lidger, he or she is not saying that DCA method is the only method for accumulating Bitcoin rather what Lidger was saying is that DCA can help one invest at any price and DCA can also help investor to invest regularly unlike to buy when there is Dip and lump sum. Any other method or strategy is still effective and good but the most reliable one is the DCA because it allows both the rich and the poor to invest without any stress and with a desire amount unless they decide to a change. You can use all the strategy if you wish and if you have the capacity because not everyone has the capacity to use the three strategy but anyone who can use the three method will grow their portfolio within a short interval.

Investing by DCA doesn't mean that anyone is ignorant of the fact that accumulation by other means may help increase your wallet within a very short time. One goal of using the DCA method is to avoid financial stress and ensure longevity hodl. Introducing lump sum into bitcoin may trigger financial stress which may lead to selling of bitcoin before your supposed time. Gradual accumulators hold longer.

There's no bitcoin strategy that will trigger financial stress; if you can figure out your finances and know the type of bitcoin strategy, it can possibly allow you to accumulate bitcoin without passing through difficult times. The only problem some investors have is that they will know too well that their money won't allow them to invest in bitcoin with a lump sum, but yet they will still ignore it and buy bitcoin with a lump sum strategy, and before you know it, they will start struggling to solve their daily expenses because they have invested in bitcoin aggressively. The only time you can use a lump sum strategy to buy bitcoin is when you have figured out your finances and know that if you buy bitcoin with a lump sum strategy, it won't stop you from solving your daily expenses.

Yeah you are right, it is very important we know our financial strength because when you know your financial strength it will help you know the Bitcoin strategy that will be more easy for you, the reason why they are different strategy is because there different financial strength and different income follow so is better to first of all go through all the different Bitcoin strategy that are available and then match each with your finance anyone you feel will be more comfortable and convenient you then you it, is very wrong if we choose a strategy because we feel other people are using it, or we feel it will be more fast, the right way is if the strategy matches very well with your finance and we are comfortable with it.

As a newbie in bitcoin investment you should use the dollar cost averaging strategy since there will still be some doubt in you concerning bitcoin investment you can use to start buying bitcoin gradually at regular interval regardless of bitcoin price.

Dollar Cost Average is the most reliable method for both newbie and old investors and anyone who is having doubt in Bitcoin investment should not even think of investing or starting because they are likely to sell off their coin whenever the price of Bitcoin is going down because since they already have doubt in their heart or mind and they saw the price going down, it will appear to them that what they have been thinking about Bitcoin is coming to pass when it is just normal market movement and aside Bitcoin investment anything one is having doubt on, they might end up not doing the thing well because there mind is not clear or made up. Bitcoin is a very nice asset that one shouldn't think twice to invest in because of it existence and potential.

[Joy- maker]

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

[Stormisover]

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

If you say Bitcoin is volatile I will agree with you but talking about Bitcoin as being highly volatile what then can you talk about other coins when it comes to volatility?  Volatility is a natural phenomenon that occurs in Bitcoin, and it is fact that should be  accepted by anybody planning to invest or already investing in Bitcoin, it is not a thing of being double minded because it can lead to making bad decisions like selling too soon or using the money that is meant to solve our expenses to buy Bitcoin, I know the road is not rosery but with positive mind we can make good decisions and planning such that even when we fail and make mistakes we can try again.

[Futurexxx]

as we all know trading is also part of bitcoin investment not only by accumulating and holding for long period of time,

It is a very big error to say that trading is part of investing in bitcoin, how does it even sound? Bitcoin investment and trading are far two different things because trading talks more about buying when the price is low and selling when the price is high while bitcoin investment has to do with buying at any price point and hodl for long term increment which will also attract profits along so you can see clearly that trading and investing in bitcoin are not talking about same thing.

I think the point your pointing out is crucial because many has the conception of comparing trading and Bitcoin investment not minding that if a woman and man is found in the same room doesn't mean they are same gender, trading and investment just as you have clarified are not the same the only relationship between their two is the profit which also differs in time because investor has to Wait and keeps buying till he meet or hit the expected rise while trader cut off with short time and always take little profit .

Patience will only be there if you have the ability to take the risk of investing, you should note that if you invest in Bitcoin on a weekly basis following the DCA method, then patience will be ensured here. Because if you can invest for 100 weeks or 200 weeks continuously, your investment will definitely be big and it will be possible to be patient during this time, whenever you start investing in Bitcoin, the investment will immediately attract you.
Because if you invest in Bitcoin with the money that you used to spend unnecessarily, then it is an additional income for you. Therefore, you should give the most importance to investing in Bitcoin, because investing in this DCA method will play a huge role in making your life self-sufficient.

You are absolutely correct, Patient is the key to long term investment and this patient is mostly achieved once you don't have financial stress which is advisable to set aside some fund for basic needs like wise have emergency fund.                                                                           Accumulating bitcoin using DCA method can not be over emphasize because is working perfectly well for me. Is a key to long time investment as it gives you rest of mind while achieving your financial freedom. I think also studying the trend of bitcoin movement will also be an added advantage to buy the Dip and set your target. Most importantly never you stop investing in bitcoin because is the key to financial freedom.

If only we can tell our selves the truth I also think that studying the trend of Bitcoin market movement shouldn't be associated with a newbie investor, even though buying at the dip can offer such advantage of buying more Bitcoin at a lower price, it will be more advantageous for a newbie investor to focus more using the DCA strategy effectively weekly or monthly rather saving money and that would have been use to buy with the dca strategy while studying the trend of Bitcoin movement for a dip that are not sure of.

Studying the Bitcoin market trends before making a purchase is not good either to an experience Bitcoin investors, it's not only tied to a newbie investors, because it's pointless analysing or studying the Bitcoin market trends before making a purchase, do not forget that we are still in the early days of Bitcoin invention, so it's still very cheap comparing to how much it might get up to in the future, so what's the point studying the market when it's already cheap and no where near how much the value of Bitcoin might spike up to in the future, so in my own opinion, it doesn't matter wether you are a newbie or a veteran, just buy once your discretionary income is available, no time to waste in doing things that will only delay your accumulation of Bitcoin, especially when you are still lagging behind in your accumulation journey.

[Joy- maker]

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

If you say Bitcoin is volatile I will agree with you but talking about Bitcoin as being highly volatile what then can you talk about other coins when it comes to volatility?  Volatility is a natural phenomenon that occurs in Bitcoin, and it is fact that should be  accepted by anybody planning to invest or already investing in Bitcoin, it is not a thing of being double minded because it can lead to making bad decisions like selling too soon or using the money that is meant to solve our expenses to buy Bitcoin, I know the road is not rosery but with positive mind we can make good decisions and planning such that even when we fail and make mistakes we can try again.

  all of us here are for bitcoin, nobody is against bitcoin when we say bitcoin is know for high volatility that doesn't mean we are discouraging people from investing in bitcoin nor condemning bitcoin investment, we only make that statement because, bitcoin price can fluctuate rapidly and unpredictable, making it a high risk investment, bitcoin can fluctuate in price by 10 to 20 percent or more in a day, that's the reason why they always advice to invest what you can afford to lose in bitcoin, in other for to take control over our emotions just and buy and hold for a long period of time using the DCA strategy which is common among men, for it is essential to approach bitcoin investment with caution and clear understanding of the potential volatility that is involved.

[Umulala-alala]

what matters in bitcoin investment for long time is your decision, because I know very well that if you have the mindset to accumulate your bitcoin you will leave your bitcoin stay as long as you want, but a process whereby you don't have don't have the mindset to accumulate  bitcoin you will not have a decision of keeping your bitcoin for long-term, theirs no maintenance in keeping your bitcoin to anytime you like, keeping bitcoin long time or not keeping for long time is your decision.

A good mindset is to buy with a DCA strategy, manage financial traffic well, then investment will be easy to plan for the long term. Work hard and find additional income to be able to buy more aggressively or accelerate our investment targets.

When investing for the first time, of course, doubts must be eliminated. We must focus properly on what we want to target in investing in bitcoin. If we target the accumulation of 1 BTC in the next 2 years, of course we must focus and find additional income to support the smooth purchase so that it is not hampered by a single stage.

Investments should be done in such a way that investments are never burdensome to us. When we can invest to meet all our needs or needs, we will not feel investment pressure and we will be able to succeed by planning that investment for a long time in a relaxed way. When it comes to investing I think some proper planning is necessary before starting, everyone has a different investment plan like how long he will hold his investment as well as how he will manage his investment. If investment can be planned in this way and if that investment can be done according to DCA investment strategy, then I think this investment strategy will be an effective investment strategy for the investor on the one hand and this investment strategy will help the investor to make long term investment. At present most of the investors are seen investing using DCA investment method so undoubtedly this investment method can be considered as an effective investment method.

Dca strategy is not the only strategy for accumulating bitcoin and the fact that an investor is using dca strategy does not stop him from making use of the other strategy. An investor can combine two of the strategies or all while accumulating bitcoin. He can be doing dca and still buy the dips when it occurs and also do lump buying when extra cash arises. So I believe none of the strategies  are ineffective since an investor is not refrain from making use of the other strategies while using dca.

I think you are misunderstanding Lidger, he or she is not saying that DCA method is the only method for accumulating Bitcoin rather what Lidger was saying is that DCA can help one invest at any price and DCA can also help investor to invest regularly unlike to buy when there is Dip and lump sum. Any other method or strategy is still effective and good but the most reliable one is the DCA because it allows both the rich and the poor to invest without any stress and with a desire amount unless they decide to a change. You can use all the strategy if you wish and if you have the capacity because not everyone has the capacity to use the three strategy but anyone who can use the three method will grow their portfolio within a short interval.

Investing by DCA doesn't mean that anyone is ignorant of the fact that accumulation by other means may help increase your wallet within a very short time. One goal of using the DCA method is to avoid financial stress and ensure longevity hodl. Introducing lump sum into bitcoin may trigger financial stress which may lead to selling of bitcoin before your supposed time. Gradual accumulators hold longer.

There's no bitcoin strategy that will trigger financial stress; if you can figure out your finances and know the type of bitcoin strategy, it can possibly allow you to accumulate bitcoin without passing through difficult times. The only problem some investors have is that they will know too well that their money won't allow them to invest in bitcoin with a lump sum, but yet they will still ignore it and buy bitcoin with a lump sum strategy, and before you know it, they will start struggling to solve their daily expenses because they have invested in bitcoin aggressively. The only time you can use a lump sum strategy to buy bitcoin is when you have figured out your finances and know that if you buy bitcoin with a lump sum strategy, it won't stop you from solving your daily expenses.

Yeah you are right, it is very important we know our financial strength because when you know your financial strength it will help you know the Bitcoin strategy that will be more easy for you, the reason why they are different strategy is because there different financial strength and different income follow so is better to first of all go through all the different Bitcoin strategy that are available and then match each with your finance anyone you feel will be more comfortable and convenient you then you it, is very wrong if we choose a strategy because we feel other people are using it, or we feel it will be more fast, the right way is if the strategy matches very well with your finance and we are comfortable with it.

As a newbie in bitcoin investment you should use the dollar cost averaging strategy since there will still be some doubt in you concerning bitcoin investment you can use to start buying bitcoin gradually at regular interval regardless of bitcoin price.

Dollar Cost Average is the most reliable method for both newbie and old investors and anyone who is having doubt in Bitcoin investment should not even think of investing or starting because they are likely to sell off their coin whenever the price of Bitcoin is going down because since they already have doubt in their heart or mind and they saw the price going down, it will appear to them that what they have been thinking about Bitcoin is coming to pass when it is just normal market movement and aside Bitcoin investment anything one is having doubt on, they might end up not doing the thing well because there mind is not clear or made up. Bitcoin is a very nice asset that one shouldn't think twice to invest in because of it existence and potential.

They can still invest in bitcoin if told the nature of bitcoin investment that's the UP and DOWN of bitcoin price they can aswell still invest with little amount using the Dollar Cost Average then along the process they will know that bitcoin investment wasn't what they were expecting it to be then they will have the trust to buy more bitcoin if they have their left over money to buy bitcoin instead of not trying to accumulate bitcoin.

as we all know trading is also part of bitcoin investment not only by accumulating and holding for long period of time,

It is a very big error to say that trading is part of investing in bitcoin, how does it even sound? Bitcoin investment and trading are far two different things because trading talks more about buying when the price is low and selling when the price is high while bitcoin investment has to do with buying at any price point and hodl for long term increment which will also attract profits along so you can see clearly that trading and investing in bitcoin are not talking about same thing.

I think the point your pointing out is crucial because many has the conception of comparing trading and Bitcoin investment not minding that if a woman and man is found in the same room doesn't mean they are same gender, trading and investment just as you have clarified are not the same the only relationship between their two is the profit which also differs in time because investor has to Wait and keeps buying till he meet or hit the expected rise while trader cut off with short time and always take little profit .

Patience will only be there if you have the ability to take the risk of investing, you should note that if you invest in Bitcoin on a weekly basis following the DCA method, then patience will be ensured here. Because if you can invest for 100 weeks or 200 weeks continuously, your investment will definitely be big and it will be possible to be patient during this time, whenever you start investing in Bitcoin, the investment will immediately attract you.
Because if you invest in Bitcoin with the money that you used to spend unnecessarily, then it is an additional income for you. Therefore, you should give the most importance to investing in Bitcoin, because investing in this DCA method will play a huge role in making your life self-sufficient.

You are absolutely correct, Patient is the key to long term investment and this patient is mostly achieved once you don't have financial stress which is advisable to set aside some fund for basic needs like wise have emergency fund.                                                                           Accumulating bitcoin using DCA method can not be over emphasize because is working perfectly well for me. Is a key to long time investment as it gives you rest of mind while achieving your financial freedom. I think also studying the trend of bitcoin movement will also be an added advantage to buy the Dip and set your target. Most importantly never you stop investing in bitcoin because is the key to financial freedom.

If only we can tell our selves the truth I also think that studying the trend of Bitcoin market movement shouldn't be associated with a newbie investor, even though buying at the dip can offer such advantage of buying more Bitcoin at a lower price, it will be more advantageous for a newbie investor to focus more using the DCA strategy effectively weekly or monthly rather saving money and that would have been use to buy with the dca strategy while studying the trend of Bitcoin movement for a dip that are not sure of.

Studying the Bitcoin market trends before making a purchase is not good either to an experience Bitcoin investors, it's not only tied to a newbie investors, because it's pointless analysing or studying the Bitcoin market trends before making a purchase, do not forget that we are still in the early days of Bitcoin invention, so it's still very cheap comparing to how much it might get up to in the future, so what's the point studying the market when it's already cheap and no where near how much the value of Bitcoin might spike up to in the future, so in my own opinion, it doesn't matter wether you are a newbie or a veteran, just buy once your discretionary income is available, no time to waste in doing things that will only delay your accumulation of Bitcoin, especially when you are still lagging behind in your accumulation journey.

That the price of bitcoin is low now compare to what it will be in the future doesn't mean that bitcoin is cheap, bitcoin is not cheap as you think.

[DubemIfedigbo001]

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

If you say Bitcoin is volatile I will agree with you but talking about Bitcoin as being highly volatile what then can you talk about other coins when it comes to volatility?  Volatility is a natural phenomenon that occurs in Bitcoin, and it is fact that should be  accepted by anybody planning to invest or already investing in Bitcoin, it is not a thing of being double minded because it can lead to making bad decisions like selling too soon or using the money that is meant to solve our expenses to buy Bitcoin, I know the road is not rosery but with positive mind we can make good decisions and planning such that even when we fail and make mistakes we can try again.

  all of us here are for bitcoin, nobody is against bitcoin when we say bitcoin is know for high volatility that doesn't mean we are discouraging people from investing in bitcoin nor condemning bitcoin investment, we only make that statement because, bitcoin price can fluctuate rapidly and unpredictable, making it a high risk investment, bitcoin can fluctuate in price by 10 to 20 percent or more in a day, that's the reason why they always advice to invest what you can afford to lose in bitcoin, in other for to take control over our emotions just and buy and hold for a long period of time using the DCA strategy which is common among men, for it is essential to approach bitcoin investment with caution and clear understanding of the potential volatility that is involved.

Bitcoin is a volatile asset, and from the Bitcoin track record, we can see clearly that the volatility of Bitcoin is only of concern if you're going for a short term investment in it. Investors on a long-term journey are less bothered because Bitcoin has proved to be profitable, amid it's volatile nature in the long-term.

As investors, we should see the price fluctuations as opportunities to target buying more Bitcoin when the price goes relatively down within our buying period for example:
If you buy weekly, you can set buy orders from Monday to purchase Bitcoin at a speculated lower price and if you're lucky and it cuts through it, then you'll have more coins at same price, but if it doesn't up till Saturday morning, then you'll purchase regardless so that you can fulfill your weekly accumulation obligations.

The volatile nature provides some mini dips during our buying periods, we should be more focused in taking advantage of them and getting closer to our accumulation targets rather than being skeptical about Bitcoin volatile nature just like traders/gamblers.

[laijsica]

as we all know trading is also part of bitcoin investment not only by accumulating and holding for long period of time,

It is a very big error to say that trading is part of investing in bitcoin, how does it even sound? Bitcoin investment and trading are far two different things because trading talks more about buying when the price is low and selling when the price is high while bitcoin investment has to do with buying at any price point and hodl for long term increment which will also attract profits along so you can see clearly that trading and investing in bitcoin are not talking about same thing.

I think the point your pointing out is crucial because many has the conception of comparing trading and Bitcoin investment not minding that if a woman and man is found in the same room doesn't mean they are same gender, trading and investment just as you have clarified are not the same the only relationship between their two is the profit which also differs in time because investor has to Wait and keeps buying till he meet or hit the expected rise while trader cut off with short time and always take little profit .

Patience will only be there if you have the ability to take the risk of investing, you should note that if you invest in Bitcoin on a weekly basis following the DCA method, then patience will be ensured here. Because if you can invest for 100 weeks or 200 weeks continuously, your investment will definitely be big and it will be possible to be patient during this time, whenever you start investing in Bitcoin, the investment will immediately attract you.
Because if you invest in Bitcoin with the money that you used to spend unnecessarily, then it is an additional income for you. Therefore, you should give the most importance to investing in Bitcoin, because investing in this DCA method will play a huge role in making your life self-sufficient.

You are absolutely correct, Patient is the key to long term investment and this patient is mostly achieved once you don't have financial stress which is advisable to set aside some fund for basic needs like wise have emergency fund.                                                                           Accumulating bitcoin using DCA method can not be over emphasize because is working perfectly well for me. Is a key to long time investment as it gives you rest of mind while achieving your financial freedom. I think also studying the trend of bitcoin movement will also be an added advantage to buy the Dip and set your target. Most importantly never you stop investing in bitcoin because is the key to financial freedom.

If only we can tell our selves the truth I also think that studying the trend of Bitcoin market movement shouldn't be associated with a newbie investor, even though buying at the dip can offer such advantage of buying more Bitcoin at a lower price, it will be more advantageous for a newbie investor to focus more using the DCA strategy effectively weekly or monthly rather saving money and that would have been use to buy with the dca strategy while studying the trend of Bitcoin movement for a dip that are not sure of.

Studying the Bitcoin market trends before making a purchase is not good either to an experience Bitcoin investors, it's not only tied to a newbie investors, because it's pointless analysing or studying the Bitcoin market trends before making a purchase, do not forget that we are still in the early days of Bitcoin invention, so it's still very cheap comparing to how much it might get up to in the future, so what's the point studying the market when it's already cheap and no where near how much the value of Bitcoin might spike up to in the future, so in my own opinion, it doesn't matter wether you are a newbie or a veteran, just buy once your discretionary income is available, no time to waste in doing things that will only delay your accumulation of Bitcoin, especially when you are still lagging behind in your accumulation journey.

Through market analysis you will gain extensive knowledge which will make you a bigger investor in the future so you need to analyze the market before investing in Bitcoin. Even if you are a new investor you should plan your future based on past price analysis. Suppose you invest in Bitcoin, do you keep your capital on blind faith, which you should not. You will determine your strategy sophisticatedly through market study strengthen your earning base accumulation Bitcoin from disposable income. It is true that Bitcoin is still in its infancy and has already become a store of huge value. You need to consider why you should study the market. The answer to the question is that suppose you buy Bitcoin with the equivalent of $5000, before doing so, you need to analyze why the value of Bitcoin may increase or decrease in the future. Through each analysis, you will be able to imagine whether you should invest in one lump sum or divide it into several slots. Or you can accumulation Bitcoin continuously every week/month from discretionary income. Analysis of all the information about the Bitcoin market.

[Sticky Bomb]

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

Every good venture like Bitcoin tends to have a lot of critics to it's cause, when there's nobody against or attacking an innovation, it sends a negative message about that invention. You cannot force everybody to like Bitcoin, funny enough most of those who used to fight Bitcoin now saw it's value and invested into it. For example JP Morgan once said in 2017 that Bitcoin is a fraud that would ultimately blow up and same JP Morgan owns about $731,246 in spot ETFs. Signaling he just turned believer.

Nobody comes into a new innovation fully convinced, they always give it a try and increase their conviction along the way, it's fine to have some elements of doubt at the beginning of your investment into Bitcoin, but as you learn more about Bitcoin and advance in your accumulation journey having the long-term mindset. Your conviction and appreciation of Bitcoin would improve considerably.

[Hewlet]

Nobody comes into a new innovation fully convinced, they always give it a try and increase their conviction along the way, it's fine to have some elements of doubt at the beginning of your investment into Bitcoin, but as you learn more about Bitcoin and advance in your accumulation journey having the long-term mindset. Your conviction and appreciation of Bitcoin would improve considerably.

certainly, we have a list of individual that where too skeptical about bitcoin and when you critical look at them, most of them looked at bitcoin as a form of threat to them to there investment option. they will naturally look for any loophole to point at as the reason why they think bitcoin is not what investing into, those are just opinions that are based on hatred but when it all clears up, we have seen them coming back to become investors in bitcoin and owning quite an handful of bitcoin in their portfolio.

at the entry stage and even along the investment phase, anyone is allowed to have whatever opinion he chooses to have which will only affect him and make him loose out on a good buying opportunity. imagine that you have the resource to buy bitcoin and refused buying because of the negative conviction you have towards bitcoin, you hold on to that conviction and did not buy till bitcoin went up to thrice it current price and then you now have a change of mind and start investing at that price, who then is the loser? so it is obvious that your skeptical whatever only affects you more and you are the one that stands to miss out if you because of your unbelieve in the potential of bitcoin refused buying when you are opportune to do so.

[asarfiar]

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

If you say Bitcoin is volatile I will agree with you but talking about Bitcoin as being highly volatile what then can you talk about other coins when it comes to volatility?  Volatility is a natural phenomenon that occurs in Bitcoin, and it is fact that should be  accepted by anybody planning to invest or already investing in Bitcoin, it is not a thing of being double minded because it can lead to making bad decisions like selling too soon or using the money that is meant to solve our expenses to buy Bitcoin, I know the road is not rosery but with positive mind we can make good decisions and planning such that even when we fail and make mistakes we can try again.

  all of us here are for bitcoin, nobody is against bitcoin when we say bitcoin is know for high volatility that doesn't mean we are discouraging people from investing in bitcoin nor condemning bitcoin investment, we only make that statement because, bitcoin price can fluctuate rapidly and unpredictable, making it a high risk investment, bitcoin can fluctuate in price by 10 to 20 percent or more in a day, that's the reason why they always advice to invest what you can afford to lose in bitcoin, in other for to take control over our emotions just and buy and hold for a long period of time using the DCA strategy which is common among men, for it is essential to approach bitcoin investment with caution and clear understanding of the potential volatility that is involved.

Bitcoin is a volatile asset, and from the Bitcoin track record, we can see clearly that the volatility of Bitcoin is only of concern if you're going for a short term investment in it. Investors on a long-term journey are less bothered because Bitcoin has proved to be profitable, amid it's volatile nature in the long-term.

As investors, we should see the price fluctuations as opportunities to target buying more Bitcoin when the price goes relatively down within our buying period for example:
If you buy weekly, you can set buy orders from Monday to purchase Bitcoin at a speculated lower price and if you're lucky and it cuts through it, then you'll have more coins at same price, but if it doesn't up till Saturday morning, then you'll purchase regardless so that you can fulfill your weekly accumulation obligations.

The volatile nature provides some mini dips during our buying periods, we should be more focused in taking advantage of them and getting closer to our accumulation targets rather than being skeptical about Bitcoin volatile nature just like traders/gamblers.

We are 100 percent sure Bitcoin is unstable, so you don't invest Bitcoin, I think it is nothing but foolishness. If you notice the market movements, you may think that Bitcoin investment is the cause of excess rickshaw and risk. Many have invested different shitcoin because Bitcoin is volatile, but if you areResearch, but you will see shitcoin in a short time, which is not for a long time. Those who have invested various Shitcoin ignoring Bitcoin are very remorseful today. I can guess and I know people are now holding Bitcoin in the squad and for long -term investmentPlanningI noticed that one of my neighbors asked me for advice to freeze and I told him you know about Bitcoin, he said a little. I advised him to consult me ​​for your extra money saving, I want you to buy Bitcoin and hold it for a long timeWait at least 10 years. I hope you will benefit a lot, because there is no doubt that the light of Bitcoin has been present in us.

So I think come and buy Bitcoin and hold for a long time. For the low sides of two cycles or more time You are still wasting unnecessary time in different places, and without delay, invest Bitcoin now and gain the maximum ATH.

[DubemIfedigbo001]

So I think come and buy Bitcoin and hold for a long time. For the low sides of two cycles or more time You are still wasting unnecessary time in different places, and without delay, invest Bitcoin now and gain the maximum ATH.

This is still trading bro and what we greatly frown upon in this thread, if you invest now and target the ATH only, then you're in for short-term gains and not in a long term journey, so you're only trading Bitcoin at a time you should be investing into it. Rather you should invest into Bitcoin now and follow up your investment with commitment and gain the compounding effect of Bitcoin price appreciation on your investment after your planned holding period terminates and it's good if you can hold for 4 - 10 years or more depending on your ability.

[Barikui1]

Anyone one who is doubting bitcoin is an unbeliever to bitcoin potentials and if the person intend to invest in bitcoin with double mimd the person we never get it right, for the fact that bitcoin is highly volatile in nature it is not advisable for someone to invest in it with double mind, because bitcoin investment required someone to be committed and focus for that is the only way you can accumulating bitcoin properly using any other strategies.

If you say Bitcoin is volatile I will agree with you but talking about Bitcoin as being highly volatile what then can you talk about other coins when it comes to volatility?  Volatility is a natural phenomenon that occurs in Bitcoin, and it is fact that should be  accepted by anybody planning to invest or already investing in Bitcoin, it is not a thing of being double minded because it can lead to making bad decisions like selling too soon or using the money that is meant to solve our expenses to buy Bitcoin, I know the road is not rosery but with positive mind we can make good decisions and planning such that even when we fail and make mistakes we can try again.

  all of us here are for bitcoin, nobody is against bitcoin when we say bitcoin is know for high volatility that doesn't mean we are discouraging people from investing in bitcoin nor condemning bitcoin investment, we only make that statement because, bitcoin price can fluctuate rapidly and unpredictable, making it a high risk investment, bitcoin can fluctuate in price by 10 to 20 percent or more in a day, that's the reason why they always advice to invest what you can afford to lose in bitcoin, in other for to take control over our emotions just and buy and hold for a long period of time using the DCA strategy which is common among men, for it is essential to approach bitcoin investment with caution and clear understanding of the potential volatility that is involved.

Bitcoin is a volatile asset, and from the Bitcoin track record, we can see clearly that the volatility of Bitcoin is only of concern if you're going for a short term investment in it. Investors on a long-term journey are less bothered because Bitcoin has proved to be profitable, amid it's volatile nature in the long-term.

As investors, we should see the price fluctuations as opportunities to target buying more Bitcoin when the price goes relatively down within our buying period for example:
If you buy weekly, you can set buy orders from Monday to purchase Bitcoin at a speculated lower price and if you're lucky and it cuts through it, then you'll have more coins at same price, but if it doesn't up till Saturday morning, then you'll purchase regardless so that you can fulfill your weekly accumulation obligations.

The volatile nature provides some mini dips during our buying periods, we should be more focused in taking advantage of them and getting closer to our accumulation targets rather than being skeptical about Bitcoin volatile nature just like traders/gamblers.

So I think come and buy Bitcoin and hold for a long time. For the low sides of two cycles or more time You are still wasting unnecessary time in different places, and without delay, invest Bitcoin now and gain the maximum ATH

Actually in my own opinion this is a myopic idea, you can't just buy Bitcoin with the intention of holding and selling when it has gotten to it all time high, no you don't do that, how much do you think you might gain doing that, that can change your financial status forever?

So buying and selling for minimal gains is not the right way to go as a Bitcoin investor, or have you forgotten that we are still in the early days of Bitcoin, so it's nowhere near it peak price, and statistically, it has been proven that it's an asset that appreciate in value overtime, so just imagine what you stand's to gain if you can buy a huge stash of Bitcoin now at once or through the lumps sum method over the years and hold for like five circles, do you think that Bitcoin will still be at the $100k mark? No.
It would have skyrocket to a million dollar or more, so it's best you stop being myopic when thinking and talking about Bitcoin, because it's the real deal.

[betswift]

So I think come and buy Bitcoin and hold for a long time. For the low sides of two cycles or more time You are still wasting unnecessary time in different places, and without delay, invest Bitcoin now and gain the maximum ATH.

This is still trading bro and what we greatly frown upon in this thread, if you invest now and target the ATH only, then you're in for short-term gains and not in a long term journey, so you're only trading Bitcoin at a time you should be investing into it. Rather you should invest into Bitcoin now and follow up your investment with commitment and gain the compounding effect of Bitcoin price appreciation on your investment after your planned holding period terminates and it's good if you can hold for 4 - 10 years or more depending on your ability.

Doing it long-term way is the wisest thing to do.
You will cherish every moment of it once a person understands why he hodls and what will be by the end of such a journey.

[Publictalk792]

Actually in my own opinion this is a myopic idea, you can't just buy Bitcoin with the intention of holding and selling when it has gotten to it all time high, no you don't do that, how much do you think you might gain doing that, that can change your financial status forever?

So buying and selling for minimal gains is not the right way to go as a Bitcoin investor, or have you forgotten that we are still in the early days of Bitcoin, so it's nowhere near it peak price, and statistically, it has been proven that it's an asset that appreciate in value overtime, so just imagine what you stand's to gain if you can buy a huge stash of Bitcoin now at once or through the lumps sum method over the years and hold for like five circles, do you think that Bitcoin will still be at the $100k mark? No.
It would have skyrocket to a million dollar or more, so it's best you stop being myopic when thinking and talking about Bitcoin, because it's the real deal.

I  understand what you are saying and I agree that buying Bitcoin just to sell it when it reaches its highest price might not be best plan. You are right Bitcoin value will probably go up over time and keeping it for long time could bring big rewards. If we look at what is happened in past Bitcoin value has kept going up over years so it is possible that its price could go over $1 million someday like you said. And I like which you said to think about long term and not just short term when investing in Bitcoin makes a lot of sense.