Buy the DIP, and HODL!

[PhilosopherKing]

Faith is not enough, and bitcoin is not guaranteed to go up, even if you have the greatest faith in the world, and you pray twice every day for the next two cycles... that would be 5,840 prayers, and your 5,840 prayers won't make shit of a difference to the outcome of your bitcoin investment... yet the fact that you were relying on faith might show that you had been living in a fantasy land.
 

Guys usually fill their head with all this shitty fantasies and that's exactly the problem here. You are right because faith has no control whatsoever on the volatility of bitcoin since the outcome of bitcoin is determined by buying and selling.

Bitcoin outcome is not a guaranteed, that is why people have to make decisions that they can control like investing to bitcoin what they can only afford to loose rather than fucking around with all this imaginary thoughts.

[Nightwatchmare]

The moment we start thinking about selling whe. We are just recently starting our investment then we are already telling ourselves that we want to jeopardize our investment, we should be careful to not invest outside of our discretionary income, even though we can withdraw our bitcoin at anytime it doesn't mean we have to do that all the time, the plan is to invest for long term and to be successful in that we need to be able to HODL without selling too early but when we start investing with money needed for our basic needs then we are already setting ourselves up to sell our bitcoin to early and in order to avoid putting ourselves in this kind of a situation then we should just invest with our discretionary income.
We absolutely don't need to buy 1 BTC to start investing in bitcoin, we can always buy in smaller units to fit our budget, all we have to do is employ the DCA strategy and invest with consistency and over time we will eventually hit 1 BTC, this does depend on how much we are actually investing with through the DCA and how long we invest, with the current price of bitcoin it's not very easy to accumulate up to 1 BTC but it's not impossible, all we need to achieve it is consistency provided we are investing with our discretionary income.

Every investor would definitely sell at some point. However the priority of a beginner shouldn't be to sell since the person is at the early stage of investment. In the right sense, someone who missed investing at the early years should focus more on accumulating than selling infact accumulating aggressively if possible should be the person's goal. Only traders go into Bitcoin investment with the mindset of taking profits at their early stages of investment, real investors prioritise being patient to accumulate and hold what they’re accumulating in their portfolio for long-term. Not everyone can afford to buy 1 BTC at a time so everyone should invest according to their income and "what they can generate for discretionary".

Definitely there will be a time to sell some BTC after buying and hodling for long, every one has their accumulation stage where they will want to sell, as a new investor you should be thinking of buying more and more BTC because that is still the stage you are then when it's time for haverst you can sell some portion and still be holding some portion.
If we are expected to to buy 1BTC it wouldn't be possible for a low income earners that's why we have the dca strategy where we can buy regularly if an investor buying consistently for a longer time he will definitely achieve a 1BTC in a longer period of time.

Even if one has reached accumulation stage it is very important one knows how to sell his or her bitcoin so he or she won’t regret in the future or be without bitcoin. Let all remember it’s an investment and it’s very important we keep the investment going even when selling your bitcoin so in other to sell your bitcoin when you have reach an over accumulation stage and still continue enjoying your bitcoin investment, so the best way to sell your bitcoin is by selling 10 percent of your bitcoin when ever bitcoin rise in price, this means that if bitcoin is $90k you should only sell 10 percent of your bitcoin when it rise to $95 or $100k.

If you reach the level of over accumulation and you hold your Bitcoin for a minimum of 4 years, the only time you can sell 10 percent of your Bitcoin is only when you want to use the money to buy important things like groceries, but if you want to sell 10 percent of your Bitcoin just because you want to take some profits from your Bitcoin investment, it is a very bad way of selling your Bitcoin because you will not make good profits from your Bitcoin investment. The best way to sell your Bitcoin investment is when you are fully satisfied with the profits you are seeing in your Bitcoin portfolio.

[CageMabok]

...

Guys usually fill their head with all this shitty fantasies and that's exactly the problem here. You are right because faith has no control whatsoever on the volatility of bitcoin since the outcome of bitcoin is determined by buying and selling.

Bitcoin outcome is not a guaranteed, that is why people have to make decisions that they can control like investing to bitcoin what they can only afford to loose rather than fucking around with all this imaginary thoughts.

Men who still fantasize about big profits in their own minds should focus more on their efforts, rather than simply serving illogical thoughts. The effort they must make is clear: investing with funds they have specifically set aside without disrupting other aspects of their lives, so they can patiently wait for the returns from their investments. New investors now find it easier to find good examples from experienced investors who have been patient in Bitcoin investing, thus increasing their enthusiasm for investing without being pressured by anyone.

Furthermore, Bitcoin has recently experienced frequent price corrections after a slight increase, as happened yesterday. However, this is not considered an opportunity by some people who want to become new investors at this time, even though now is a very good point to buy and continue to make regular purchase plans for the next few months.

[The Founding Titan]

The moment we start thinking about selling whe. We are just recently starting our investment then we are already telling ourselves that we want to jeopardize our investment, we should be careful to not invest outside of our discretionary income, even though we can withdraw our bitcoin at anytime it doesn't mean we have to do that all the time, the plan is to invest for long term and to be successful in that we need to be able to HODL without selling too early but when we start investing with money needed for our basic needs then we are already setting ourselves up to sell our bitcoin to early and in order to avoid putting ourselves in this kind of a situation then we should just invest with our discretionary income.
We absolutely don't need to buy 1 BTC to start investing in bitcoin, we can always buy in smaller units to fit our budget, all we have to do is employ the DCA strategy and invest with consistency and over time we will eventually hit 1 BTC, this does depend on how much we are actually investing with through the DCA and how long we invest, with the current price of bitcoin it's not very easy to accumulate up to 1 BTC but it's not impossible, all we need to achieve it is consistency provided we are investing with our discretionary income.

Every investor would definitely sell at some point. However the priority of a beginner shouldn't be to sell since the person is at the early stage of investment. In the right sense, someone who missed investing at the early years should focus more on accumulating than selling infact accumulating aggressively if possible should be the person's goal. Only traders go into Bitcoin investment with the mindset of taking profits at their early stages of investment, real investors prioritise being patient to accumulate and hold what they’re accumulating in their portfolio for long-term. Not everyone can afford to buy 1 BTC at a time so everyone should invest according to their income and "what they can generate for discretionary".

I agree, people should be careful to not invest with money meant for something else, if they can not generate discretionary income then they can definitely put their investment on hold and look for a way to increase their income so that they can generate discretionary income from it, net everyone can buy 1 BTC at once so that's we they should try to buy in smaller units, nobody should be discouraged from investing in bitcoin just because they can't afford to buy 1 BTC at once when they can buy in sats instead and still accumulate gradually over time and this is the point, no one should be investing in bitcoin with short term gain in mind but instead we should concentrate on the long term gain to be had and be able to HODL for that long.

[Cossyblack]

Guys usually fill their head with all this shitty fantasies and that's exactly the problem here. You are right because faith has no control whatsoever on the volatility of bitcoin since the outcome of bitcoin is determined by buying and selling.

Bitcoin outcome is not a guaranteed, that is why people have to make decisions that they can control like investing to bitcoin what they can only afford to loose rather than fucking around with all this imaginary thoughts.

Bitcoin wasn't created out of faith,it is useless relying on prayers to control bitcoin. It is shitty believing that bitcoin can be control with faith. As far I know, Faith has no influence over bitcoin. Investors who relied on Faith to influence bitcoin are retarded. If they come out of that illusion and start buying bitcoin consistently for the long term  they wouldn't be any significant changes in their  investments.

[gracreavix]

Faith is not enough, and bitcoin is not guaranteed to go up, even if you have the greatest faith in the world, and you pray twice every day for the next two cycles... that would be 5,840 prayers, and your 5,840 prayers won't make shit of a difference to the outcome of your bitcoin investment... yet the fact that you were relying on faith might show that you had been living in a fantasy land. 

This is so true, and honestly I do not even know how much more I can emphasize this to be honest. A lot of people keep trying to drag faith into something that is obviously controlled and influenced by human actions and decisions.

I have tried, as much as possible, to tell a few of my pals to just do the right things and stop depending too much on faith alone, but they just don’t listen.  Yeah, praying is good, no doubt about that, but there are some things that prayer does not directly control, and Bitcoin outcome is one of them..

I could actually go deep into explaining why that is, but I do not want to deviate from the main topic of this thread. Sometimes it is really just about understanding what part faith plays, and where our personal responsibilities are required instead.

[Brizi5000]

The moment we start thinking about selling whe. We are just recently starting our investment then we are already telling ourselves that we want to jeopardize our investment, we should be careful to not invest outside of our discretionary income, even though we can withdraw our bitcoin at anytime it doesn't mean we have to do that all the time, the plan is to invest for long term and to be successful in that we need to be able to HODL without selling too early but when we start investing with money needed for our basic needs then we are already setting ourselves up to sell our bitcoin to early and in order to avoid putting ourselves in this kind of a situation then we should just invest with our discretionary income.
We absolutely don't need to buy 1 BTC to start investing in bitcoin, we can always buy in smaller units to fit our budget, all we have to do is employ the DCA strategy and invest with consistency and over time we will eventually hit 1 BTC, this does depend on how much we are actually investing with through the DCA and how long we invest, with the current price of bitcoin it's not very easy to accumulate up to 1 BTC but it's not impossible, all we need to achieve it is consistency provided we are investing with our discretionary income.

Every investor would definitely sell at some point. However the priority of a beginner shouldn't be to sell since the person is at the early stage of investment. In the right sense, someone who missed investing at the early years should focus more on accumulating than selling infact accumulating aggressively if possible should be the person's goal. Only traders go into Bitcoin investment with the mindset of taking profits at their early stages of investment, real investors prioritise being patient to accumulate and hold what they’re accumulating in their portfolio for long-term. Not everyone can afford to buy 1 BTC at a time so everyone should invest according to their income and "what they can generate for discretionary".

Definitely there will be a time to sell some BTC after buying and hodling for long, every one has their accumulation stage where they will want to sell, as a new investor you should be thinking of buying more and more BTC because that is still the stage you are then when it's time for haverst you can sell some portion and still be holding some portion.
If we are expected to to buy 1BTC it wouldn't be possible for a low income earners that's why we have the dca strategy where we can buy regularly if an investor buying consistently for a longer time he will definitely achieve a 1BTC in a longer period of time.

Even if one has reached accumulation stage it is very important one knows how to sell his or her bitcoin so he or she won’t regret in the future or be without bitcoin. Let all remember it’s an investment and it’s very important we keep the investment going even when selling your bitcoin so in other to sell your bitcoin when you have reach an over accumulation stage and still continue enjoying your bitcoin investment, so the best way to sell your bitcoin is by selling 10 percent of your bitcoin when ever bitcoin rise in price, this means that if bitcoin is $90k you should only sell 10 percent of your bitcoin when it rise to $95 or $100k.

If you reach the level of over accumulation and you hold your Bitcoin for a minimum of 4 years, the only time you can sell 10 percent of your Bitcoin is only when you want to use the money to buy important things like groceries, but if you want to sell 10 percent of your Bitcoin just because you want to take some profits from your Bitcoin investment, it is a very bad way of selling your Bitcoin because you will not make good profits from your Bitcoin investment. The best way to sell your Bitcoin investment is when you are fully satisfied with the profits you are seeing in your Bitcoin portfolio.

before one should embark on buying and investing in bitcoin one should first of all sort out his or her basic financial needs which includes food, clothings and payments of other utility bills,etc then the money left with you should be use for buying and investing in bitcoin. the idea of selling bitcoin just to buy groceries again doesn't really feels good enough because these are supposed to be  one of the few basic things we are supposed to have sorted out before buying bitcoin. maybe at a point if someone is critically ill and have used up his emergency funds to treat himself and is not enough then the individual can avert to selling or perhaps you're in some sort of a profit after achieving your accumulation target and wanted to diversify into other investment, i think you can easily take out the profit from your bitcoin investment to achieve that as well.

[sotelorene]

The moment we start thinking about selling whe. We are just recently starting our investment then we are already telling ourselves that we want to jeopardize our investment, we should be careful to not invest outside of our discretionary income, even though we can withdraw our bitcoin at anytime it doesn't mean we have to do that all the time, the plan is to invest for long term and to be successful in that we need to be able to HODL without selling too early but when we start investing with money needed for our basic needs then we are already setting ourselves up to sell our bitcoin to early and in order to avoid putting ourselves in this kind of a situation then we should just invest with our discretionary income.
We absolutely don't need to buy 1 BTC to start investing in bitcoin, we can always buy in smaller units to fit our budget, all we have to do is employ the DCA strategy and invest with consistency and over time we will eventually hit 1 BTC, this does depend on how much we are actually investing with through the DCA and how long we invest, with the current price of bitcoin it's not very easy to accumulate up to 1 BTC but it's not impossible, all we need to achieve it is consistency provided we are investing with our discretionary income.

Every investor would definitely sell at some point. However the priority of a beginner shouldn't be to sell since the person is at the early stage of investment. In the right sense, someone who missed investing at the early years should focus more on accumulating than selling infact accumulating aggressively if possible should be the person's goal. Only traders go into Bitcoin investment with the mindset of taking profits at their early stages of investment, real investors prioritise being patient to accumulate and hold what they’re accumulating in their portfolio for long-term. Not everyone can afford to buy 1 BTC at a time so everyone should invest according to their income and "what they can generate for discretionary".

Definitely there will be a time to sell some BTC after buying and hodling for long, every one has their accumulation stage where they will want to sell, as a new investor you should be thinking of buying more and more BTC because that is still the stage you are then when it's time for haverst you can sell some portion and still be holding some portion.
If we are expected to to buy 1BTC it wouldn't be possible for a low income earners that's why we have the dca strategy where we can buy regularly if an investor buying consistently for a longer time he will definitely achieve a 1BTC in a longer period of time.

Even if one has reached accumulation stage it is very important one knows how to sell his or her bitcoin so he or she won’t regret in the future or be without bitcoin. Let all remember it’s an investment and it’s very important we keep the investment going even when selling your bitcoin so in other to sell your bitcoin when you have reach an over accumulation stage and still continue enjoying your bitcoin investment, so the best way to sell your bitcoin is by selling 10 percent of your bitcoin when ever bitcoin rise in price, this means that if bitcoin is $90k you should only sell 10 percent of your bitcoin when it rise to $95 or $100k.

If you reach the level of over accumulation and you hold your Bitcoin for a minimum of 4 years, the only time you can sell 10 percent of your Bitcoin is only when you want to use the money to buy important things like groceries, but if you want to sell 10 percent of your Bitcoin just because you want to take some profits from your Bitcoin investment, it is a very bad way of selling your Bitcoin because you will not make good profits from your Bitcoin investment. The best way to sell your Bitcoin investment is when you are fully satisfied with the profits you are seeing in your Bitcoin portfolio.

Do you really think getting to overaccumulation stage is that easy I mean do you think it is something an investor can achieve in a short period of time though it depends on our target my target won't be your target but even as that I know overaccumulation stage is always a long milestone to go and selling 10 percent of our Bitcoin after gotten to overaccumulation stage to buy groceries is so funny I mean is it only groceries that will make someone sell 10 percent of their Bitcoin investment? There are more important things we should sell our 10 percent after overaccumulation stage for and not for groceries please.

[Alonso_]

Wait another ten years, and just watch how much higher Bitcoin goes, if you think about it 10 years ago, many people would not have believed in Bitcoin. As much as Bitcoin has improved since the past 10 years ago to now, it can improve much more in the next 10 years from now. This is what many big Bitcoin experts believe and according to their view, it can go to a level in the next 10 years that we can never imagine. It can improve eye-catchingly, and those who enter the recruitment field for the next 10 to 12 years from now, and can survive, their success can be at a level that they would not have gotten from anything else. Bitcoin is the best and those who understand this can survive with it, and their success can be skyrocketing.

Why I advocate for long term Bitcoin investment is because of Bitcoin massive growth in last 17 years and we are not sure how high it will go in next 10 years. The best thing we can do about our future is to invest in Bitcoin for at least coming 4 years and those who can wait more will get even bigger piece of the cake. Inflation is high and will go high in coming years, we need an investment that can beat inflation in the long run and Bitcoin is one of the best option available. 

Bitcoin experts are very optimistic about Bitcoin in the coming days, however, it is not necessarily certain, it is just a possibility, but we have to invest according to our ability with faith in this high possibility. There is nothing greater than faith, if we have faith, we will definitely be successful here. Investing patiently for 4 years of a full market cycle puts an investor in a realistic advantageous position, or in such a case, the chances of success are very good, but when we can decide to hold on for 2 or 3 cycles, then we will reach a better possibility.

There is no optimism about Bitcoin, and I don’t even believe people who said they’re experts in bitcoin, because I don’t believe anything as such as an expert in bitcoin, Bitcoin is an unpredictable assets considering the volatility nature of bitcoin it will be very difficult for people who thinks they’re experts to understand what Bitcoin is all about, well I would boldly tell you that Bitcoin didn’t get to where it is today through faith, and you should know that nothing is guaranteed with Bitcoin which is why you should endeavor to always buy Bitcoin with a discretionary income, money that is a leftover that you can possible loose, When investing and accumulating Bitcoin, you should treat your investment like you’re putting money in something that you’re loosing your money, overall I have considered my Bitcoin investment in this nature, throwing money somewhere that I don’t care about and what the outcome would be, and having that mindset that I will do doing this for 4-10 years which has been my way of approaching Bitcoin.

There is nothing as such thing as having faith in Bitcoin and beliefs, you should be more interested in buying bitcoin and accumulating bitcoin either aggressively or little by little when you have a discretionary income, and your leftover money is the key to buying bitcoin, I think you shouldn’t be bothering about people who think about being experts in predicting bitcoin, just focus on yourself and accumulating bitcoin for a long term.

It is not wired to be optimistic towards your Bitcoin investment because it's giving a different feeling about your investment, it keeps you on going but while doing that you have already got awareness of the level of potential risks involved , it is true that Bitcoin movement gives no respect to people belief it has it's own way of how it works that is entirely not within what a man's beliefs, optimism without without awareness is retarding and Short-sighted, when you are optimistic about something and you are also aware of certain fundamentals you will definitely make more informed best decisions.

Like I have said in my previous statement, and I’m going to say it again, being optimistic about Bitcoin is totally awkward, because most individuals, I don’t even know if I should be calling them investors, would tend to get overexcited and get carried away with the fact that they feel they can predict Bitcoin and they fell they’re experts in predicting bitcoin, which is obviously not true because no one can predict bitcoin maybe you get lucky and you feel you can predict Bitcoin, which is what makes them optimistic, personally I think being optimistic about Bitcoin is getting yourself in an awkward situation, because you get overconfident and you get yourself into jeopardy and you might eventually mess up your portfolio with wrong decisions which is caused by being optimistic , because of the risk involved in bitcoin I think it’s would be wise to not get carried away with being optimistic with having profits in future which is totally not guaranteed, and which is why you’re never advised to invest all your money into Bitcoin because there is no guarantee with investing in Bitcoin.

Which is still why I said in my previous statement I pointed out that Bitcoin has nothing to do with beliefs and faith, and bitcoin didn’t get to where it is today because of faith, let me assume that an individual who is investing in Bitcoin and buys Bitcoin today, and you start fasting and praying for Bitcoin to get to $150k in a month, and starts fasting and praying for a month all in the name of whatever they believe in, and hoping for Bitcoin to increase, do you really think this fasting and praying would be successful, honestly speaking this prayer and fasting would all be a waste because no such things as belief and faith associated with bitcoin, I still think most of this optimism comes from there beliefs and faith.

Which is why I think all we can do for ourselves as folks who wants to be buying and accumulating bitcoin is just buy bitcoin as soon as we have a discretionary income, most especially buying on a consistent basis which is what I think should be our ultimate priority.

[SPIDERMAN008]

before one should embark on buying and investing in bitcoin one should first of all sort out his or her basic financial needs which includes food, clothings and payments of other utility bills,etc then the money left with you should be use for buying and investing in bitcoin. the idea of selling bitcoin just to buy groceries again doesn't really feels good enough because these are supposed to be  one of the few basic things we are supposed to have sorted out before buying bitcoin. maybe at a point if someone is critically ill and have used up his emergency funds to treat himself and is not enough then the individual can avert to selling or perhaps you're in some sort of a profit after achieving your accumulation target and wanted to diversify into other investment, i think you can easily take out the profit from your bitcoin investment to achieve that as well.

When a person calculates all the expenses of his daily life before the next income comes, he will invest with that discretionary income. And if he is sure that his cash flow is strong enough. In such a situation, if he starts investing along with creating a backup fund, then he will not have to sell Bitcoin to buy daily necessities again. The investor will not do this, he is investing discretionary income and creating a backup fund at the same time.

Now, if you ask the question of when a person will use Bitcoin holdings, then it will depend on the person's situation. If an emergency situation arises, then first you should see if the problem can be solved with the money he has in his as a float fund. You have given the example of illness, if it is seen that it is not possible to get treatment with the money from the float fund, then he will take the money from the reserve fund in the backup fund and treat it. If the situation is such that a major operation is required, then taking money from the emergency fund will solve that financial problem. If the situation is such that a lot of money needs to be taken abroad for advanced treatment and it is not possible to bear that expense with the emergency fund money or any other savings money, then as a last resort, the Bitcoin holding will be sold and the expenses will be met. The purpose of investing in Bitcoin is to ensure the future financial security of oneself and one's family. Therefore, based on the emergency situation and depending on the financial situation, a person can use Bitcoin whenever he wants. Here, I have just imagined a situation and said the words. Many things may seem before investing. Theoretically many things can be said, but in reality, the one who invests in Bitcoin will gain experience and learn along with it and will take the decision according to his convenience at the time.

[DubemIfedigbo001]

Even if one has reached accumulation stage it is very important one knows how to sell his or her bitcoin so he or she won’t regret in the future or be without bitcoin. Let all remember it’s an investment and it’s very important we keep the investment going even when selling your bitcoin so in other to sell your bitcoin when you have reach an over accumulation stage and still continue enjoying your bitcoin investment, so the best way to sell your bitcoin is by selling 10 percent of your bitcoin when ever bitcoin rise in price, this means that if bitcoin is $90k you should only sell 10 percent of your bitcoin when it rise to $95 or $100k.

If you reach the level of over accumulation and you hold your Bitcoin for a minimum of 4 years, the only time you can sell 10 percent of your Bitcoin is only when you want to use the money to buy important things like groceries, but if you want to sell 10 percent of your Bitcoin just because you want to take some profits from your Bitcoin investment, it is a very bad way of selling your Bitcoin because you will not make good profits from your Bitcoin investment. The best way to sell your Bitcoin investment is when you are fully satisfied with the profits you are seeing in your Bitcoin portfolio.

When you are already in overaccumulation stage and you wish to take some profit from your bitcoin portfolio, you have to ensure that you sell the portion that would still see you remain in overaccumulation stage with respect to quantity. for example, if your initial target is to accumulate 15BTC and you have already arrived at 16.5BTC still within your holding period, it is important that your profit taking should only revolve around the extra 1.5BTC and not go beyond it.

It is still a better option if you can avoid taking profit and keep growing your stash until your holding period terminates before taking profits on your investment.

[Kuchuku]

‎Putting Bitcoin as a long term goal is one of the basic an investor should know and with careful planning increases the chances of building a solid investment over time, so that they won't treat as a mean of short term buying and selling. It is very important to always use what you can afford to lose i.e DCA so that the market won't stress you out along way which might force you to do something that you might regret later. Then we should be realistic with our expectations by not  keeping it high. High expectations often results into dissatisfaction.

Bitcoin is ideal for long-term goals. Bitcoin investors should look at the long term. Bitcoin should be held for a specific period of time. And during this period, the chances of profit on investment are high. Preparations to buy Bitcoin should be made only when discretionary income is ready. This makes it easier to hold their Bitcoin for a long time. DCA is a method of depositing Bitcoin. As a result, it becomes possible to deposit a good portion in Bitcoin for long-term holding. As the investment period increases. The chances of success increase with it.

[As-Soon-As]

‎Putting Bitcoin as a long term goal is one of the basic an investor should know and with careful planning increases the chances of building a solid investment over time, so that they won't treat as a mean of short term buying and selling. It is very important to always use what you can afford to lose i.e DCA so that the market won't stress you out along way which might force you to do something that you might regret later. Then we should be realistic with our expectations by not  keeping it high. High expectations often results into dissatisfaction.

Bitcoin is ideal for long-term goals. Bitcoin investors should look at the long term. Bitcoin should be held for a specific period of time. And during this period, the chances of profit on investment are high. Preparations to buy Bitcoin should be made only when discretionary income is ready. This makes it easier to hold their Bitcoin for a long time. DCA is a method of depositing Bitcoin. As a result, it becomes possible to deposit a good portion in Bitcoin for long-term holding. As the investment period increases. The chances of success increase with it.

Investing in Bitcoin is a good idea, if a person wants to participate in Bitcoin investment, then both new and old investors should follow the DCA method and manage Bitcoin. Because by following the DCA method, the success of investing in Bitcoin increases greatly, and it is possible to maintain Bitcoin investment for a long time.
By purchasing dips regularly, Bitcoin investment is stable for a long time, in this it is quite useful to form an emergency fund and emergency funds play a significant role in maintaining a good idea investment.

[Kelward]

Guys usually fill their head with all this shitty fantasies and that's exactly the problem here. You are right because faith has no control whatsoever on the volatility of bitcoin since the outcome of bitcoin is determined by buying and selling.

Bitcoin outcome is not a guaranteed, that is why people have to make decisions that they can control like investing to bitcoin what they can only afford to loose rather than fucking around with all this imaginary thoughts.

Bitcoin wasn't created out of faith,it is useless relying on prayers to control bitcoin. It is shitty believing that bitcoin can be control with faith. As far I know, Faith has no influence over bitcoin. Investors who relied on Faith to influence bitcoin are retarded. If they come out of that illusion and start buying bitcoin consistently for the long term  they wouldn't be any significant changes in their  investments.

I think hope for what we want to see in the market is permissible because you need to have a level of believe that something will happen positively for you and that is the reason why we put our money into it. But having faith is giving yourself full assurance that what you predicted will happen, that is going to extreme if you are putting faith in the Bitcoin market. Bitcoin market is volatile and nobody controls it that is why it is not totally risk free. There is nothing spiritual about Bitcoin investment and how price reacts to supply and demand which dictates where it stands at every point, it is very practical and traceable.

[Finebone]

When you are already in overaccumulation stage and you wish to take some profit from your bitcoin portfolio, you have to ensure that you sell the portion that would still see you remain in overaccumulation stage with respect to quantity. for example, if your initial target is to accumulate 15BTC and you have already arrived at 16.5BTC still within your holding period, it is important that your profit taking should only revolve around the extra 1.5BTC and not go beyond it.

It is still a better option if you can avoid taking profit and keep growing your stash until your holding period terminates before taking profits on your investment.

I agree to everything you said here because that's the ideal way to sell when you are at your over accumulation status, but where most Bitcoin investors gets it wrong is by selling everything and become a no coiner overnight, something that they uses years to build and accumulate, they just sell everything at once which i think is bad and myopic, but if you are actually making systematic withdrawal that still keep your Bitcoin investment within the confinement of your over accumulation status, then you are actually in good place.

[Silikiem]

before one should embark on buying and investing in bitcoin one should first of all sort out his or her basic financial needs which includes food, clothings and payments of other utility bills,etc then the money left with you should be use for buying and investing in bitcoin. the idea of selling bitcoin just to buy groceries again doesn't really feels good enough because these are supposed to be  one of the few basic things we are supposed to have sorted out before buying bitcoin. maybe at a point if someone is critically ill and have used up his emergency funds to treat himself and is not enough then the individual can avert to selling or perhaps you're in some sort of a profit after achieving your accumulation target and wanted to diversify into other investment, i think you can easily take out the profit from your bitcoin investment to achieve that as well.

When a person calculates all the expenses of his daily life before the next income comes, he will invest with that discretionary income. And if he is sure that his cash flow is strong enough. In such a situation, if he starts investing along with creating a backup fund, then he will not have to sell Bitcoin to buy daily necessities again. The investor will not do this, he is investing discretionary income and creating a backup fund at the same time.

Now, if you ask the question of when a person will use Bitcoin holdings, then it will depend on the person's situation. If an emergency situation arises, then first you should see if the problem can be solved with the money he has in his as a float fund. You have given the example of illness, if it is seen that it is not possible to get treatment with the money from the float fund, then he will take the money from the reserve fund in the backup fund and treat it. If the situation is such that a major operation is required, then taking money from the emergency fund will solve that financial problem. If the situation is such that a lot of money needs to be taken abroad for advanced treatment and it is not possible to bear that expense with the emergency fund money or any other savings money, then as a last resort, the Bitcoin holding will be sold and the expenses will be met. The purpose of investing in Bitcoin is to ensure the future financial security of oneself and one's family. Therefore, based on the emergency situation and depending on the financial situation, a person can use Bitcoin whenever he wants. Here, I have just imagined a situation and said the words. Many things may seem before investing. Theoretically many things can be said, but in reality, the one who invests in Bitcoin will gain experience and learn along with it and will take the decision according to his convenience at the time.

Well I think that individuals have the right to decide on what ever they choose to do with their money  gotten after selling their bitcoin or taking profit off their bitcoin investment as the case may be. Afterwards it is their hard earned money or profit, that’s not much of a problem. The only problem is that before selling or taking the profit they should ensure that they’ve at least accumulated a decent amount of bitcoin and probably achieved their accumulation targets or perhaps over accumulation as many may have it. It’s not when you’re still in accumulation stage and you’ve not gotten any reasonable amount of bitcoin with you and held it for at least a minimum of 4 years and you noticed you’re in some sort of a profit you just decided to sell instantly because of that cheap profit you’re seeing. And again it’s advisable not to even sell off our bitcoin holdings that we’ve suffered to build and hold for over the years, the least we could do is if we have been consistently accumulating and investing for years or on a very long term purpose, and have achieved our accumulation target or perhaps surpassed it and we are in some sort of a profit, we can only decide to apply the sustainability withdrawal method and take out our profit to use and do whatever we want to do with it and still have our portfolio intact such that we can always add more bitcoin stash to it and progress with our investment.

[B2Z]

If you reach the level of over accumulation and you hold your Bitcoin for a minimum of 4 years, the only time you can sell 10 percent of your Bitcoin is only when you want to use the money to buy important things like groceries, but if you want to sell 10 percent of your Bitcoin just because you want to take some profits from your Bitcoin investment, it is a very bad way of selling your Bitcoin because you will not make good profits from your Bitcoin investment. The best way to sell your Bitcoin investment is when you are fully satisfied with the profits you are seeing in your Bitcoin portfolio.

Investment planning should actually be long-term, investors should plan to not sell Bitcoin for four to five years or more after starting, and investors should do this while continuing to invest. Because investing is not like trading, if you cannot be patient for a sufficient amount of time, I think the results will not be very beneficial or the results of the investment will not satisfy the investor.

A few days ago, I read an article where it was presented that a person received more than 7007 Bitcoins as payment for making a video in 2011, although at that time the value of 7007 Bitcoins was about two thousand dollars. At that time, he did not sell his Bitcoin and he has kept his Bitcoin until now. If you convert the then $200 equivalent Bitcoin to the current price, you will understand what the benefit of keeping the investment in a long-term plan is.  

Investors should not think about selling in advance. Suppose someone invested for five years and held it for five years, then after understanding the market, they should plan to increase their investment again, so that they have the possibility of getting better returns in the future.

Investing in Bitcoin is a good idea, if a person wants to participate in Bitcoin investment, then both new and old investors should follow the DCA method and manage Bitcoin. Because by following the DCA method, the success of investing in Bitcoin increases greatly, and it is possible to maintain Bitcoin investment for a long time.
By purchasing dips regularly, Bitcoin investment is stable for a long time, in this it is quite useful to form an emergency fund and emergency funds play a significant role in maintaining a good idea investment.

We always discuss DCA investment strategy and we certainly admit that DCA investment strategy is always safe and effective for new and old experienced inexperienced investors.
However, I want to ask you an exceptional question, that is, after reaching the target, should we change the strategy and invest, or should we stop investing, or should we hold?

[In_cu_bent]

If you reach the level of over accumulation and you hold your Bitcoin for a minimum of 4 years, the only time you can sell 10 percent of your Bitcoin is only when you want to use the money to buy important things like groceries, but if you want to sell 10 percent of your Bitcoin just because you want to take some profits from your Bitcoin investment, it is a very bad way of selling your Bitcoin because you will not make good profits from your Bitcoin investment. The best way to sell your Bitcoin investment is when you are fully satisfied with the profits you are seeing in your Bitcoin portfolio.

This is wrong because how can you sell 10% of your bitcoin investment just because you needed to buy groceries, is it even that important as you said? what happens to your reserved funds that you kept in fiat? can't you use it to buy those daily needs and besides as soon as your income arrives don't you know that buying of groceries is included in the things you need to make available before you are left with the discretionary income to invest with.

If you want to take profits from your investment when you have reached a level of overaccumulation there is nothing bad about that, we are investing to make profits so when you have invested for years and you have arrive at your target then you see the opportunity to take profits, why not?

[Sonia_123]

The moment we start thinking about selling whe. We are just recently starting our investment then we are already telling ourselves that we want to jeopardize our investment, we should be careful to not invest outside of our discretionary income, even though we can withdraw our bitcoin at anytime it doesn't mean we have to do that all the time, the plan is to invest for long term and to be successful in that we need to be able to HODL without selling too early but when we start investing with money needed for our basic needs then we are already setting ourselves up to sell our bitcoin to early and in order to avoid putting ourselves in this kind of a situation then we should just invest with our discretionary income.
We absolutely don't need to buy 1 BTC to start investing in bitcoin, we can always buy in smaller units to fit our budget, all we have to do is employ the DCA strategy and invest with consistency and over time we will eventually hit 1 BTC, this does depend on how much we are actually investing with through the DCA and how long we invest, with the current price of bitcoin it's not very easy to accumulate up to 1 BTC but it's not impossible, all we need to achieve it is consistency provided we are investing with our discretionary income.

Every investor would definitely sell at some point. However the priority of a beginner shouldn't be to sell since the person is at the early stage of investment. In the right sense, someone who missed investing at the early years should focus more on accumulating than selling infact accumulating aggressively if possible should be the person's goal. Only traders go into Bitcoin investment with the mindset of taking profits at their early stages of investment, real investors prioritise being patient to accumulate and hold what they’re accumulating in their portfolio for long-term. Not everyone can afford to buy 1 BTC at a time so everyone should invest according to their income and "what they can generate for discretionary".

Definitely there will be a time to sell some BTC after buying and hodling for long, every one has their accumulation stage where they will want to sell, as a new investor you should be thinking of buying more and more BTC because that is still the stage you are then when it's time for haverst you can sell some portion and still be holding some portion.
If we are expected to to buy 1BTC it wouldn't be possible for a low income earners that's why we have the dca strategy where we can buy regularly if an investor buying consistently for a longer time he will definitely achieve a 1BTC in a longer period of time.

Even if one has reached accumulation stage it is very important one knows how to sell his or her bitcoin so he or she won’t regret in the future or be without bitcoin. Let all remember it’s an investment and it’s very important we keep the investment going even when selling your bitcoin so in other to sell your bitcoin when you have reach an over accumulation stage and still continue enjoying your bitcoin investment, so the best way to sell your bitcoin is by selling 10 percent of your bitcoin when ever bitcoin rise in price, this means that if bitcoin is $90k you should only sell 10 percent of your bitcoin when it rise to $95 or $100k.

If you reach the level of over accumulation and you hold your Bitcoin for a minimum of 4 years, the only time you can sell 10 percent of your Bitcoin is only when you want to use the money to buy important things like groceries, but if you want to sell 10 percent of your Bitcoin just because you want to take some profits from your Bitcoin investment, it is a very bad way of selling your Bitcoin because you will not make good profits from your Bitcoin investment. The best way to sell your Bitcoin investment is when you are fully satisfied with the profits you are seeing in your Bitcoin portfolio.

before one should embark on buying and investing in bitcoin one should first of all sort out his or her basic financial needs which includes food, clothings and payments of other utility bills,etc then the money left with you should be use for buying and investing in bitcoin. the idea of selling bitcoin just to buy groceries again doesn't really feels good enough because these are supposed to be  one of the few basic things we are supposed to have sorted out before buying bitcoin. maybe at a point if someone is critically ill and have used up his emergency funds to treat himself and is not enough then the individual can avert to selling or perhaps you're in some sort of a profit after achieving your accumulation target and wanted to diversify into other investment, i think you can easily take out the profit from your bitcoin investment to achieve that as well.

Remember that in investing in bitcoin, you use your discretionary income in buying your bitcoin and discretionary income is your leftovers after all your monthly expenses has being met and with that you are suppose to have your reserve and emergency fund to back up your investment, you are only to sell your investment when you are sure of dieing and not having anyone to Passover your inheritance to anyone not to use part of it for sickness instead selling part why not make use of your reserve funds so that you will not be tempted to sell at all and then sell everything and regret tempering your investment that is why your reserve funds is their to bail you out in situations like this

Instead of using the profit from your bitcoin to invest in another business, how well do you think the business you are diversifying into will be as profitable as bitcoin or even more, why not look for another job and use the money gotten from that job to diversify, instead of selling your profited bitcoin to diversify, you can still continue to accumulate by extending the number of years .

[Hardyrobust]

Remember that in investing in bitcoin, you use your discretionary income in buying your bitcoin and discretionary income is your leftovers after all your monthly expenses has being met and with that you are suppose to have your reserve and emergency fund to back up your investment, you are only to sell your investment when you are sure of dieing and not having anyone to Passover your inheritance to anyone not to use part of it for sickness instead selling part why not make use of your reserve funds so that you will not be tempted to sell at all and then sell everything and regret tempering your investment that is why your reserve funds is their to bail you out in situations like this

Instead of using the profit from your bitcoin to invest in another business, how well do you think the business you are diversifying into will be as profitable as bitcoin or even more, why not look for another job and use the money gotten from that job to diversify, instead of selling your profited bitcoin to diversify, you can still continue to accumulate by extending the number of years .

I don't think if it is only when an investor is sure of dieing or when they don't have successor that they can think of taking out profit from there investment. All long term investment due have a timeline that they do plan to hold there bitcoin before they will even think of selling it. There are investors that plans to hold for 10yrs before taking out profit from there investment and not just when they are sure of dieing.