JJG’s Outline of Bitcoin Investment Ideas

[alankasman]

Surely... This is what every investor should do. It is not right to decide to withdraw Bitcoin before reaching the overaccumulation level. Some investors make the foolish decision to withdraw their long held Bitcoin in the pursuit of small profits. The idea of ​​selling during the ATH period can slow down their Bitcoin accumulation. Staying consistent in Bitcoin and regularly running DCA will be the right decision for you.
No.. many investors think that selling when the price rises and buying back when the price falls thats one kind of gambling. Investors who have at least a little knowledge about investing will be able to understand that if they have been accumulation Bitcoin for two years and decide to sell part of it before reaching the overaccumulation level, they will never get back the previous buying price. If you know about these advantages and strategies of doing DCA, you can keep DCA running to keep Bitcoin holdings intact even after reaching the overaccumulation level.

Sometimes large investors also make mistakes in making decisions about suddenly withdrawing or selling BTC when the price level is dropping drastically without waiting for the peak price they can feel. This is because investors are not consistent in making decisions to continue extending their consistency as investors to achieve large profits that they can enjoy when the price conditions have truly stabilized. At that time, they should make the right decision to withdraw or sell BTC. Even though they do it suddenly these investors do not really get small profits but they do it at the right time to achieve large profits in such a short time.

This does not necessarily mean that investors sell when the price rises and buy when the price falls because many investors also do the same thing as you said earlier investors have sufficient knowledge and besides investors also have the same knowledge but sometimes the way they do it is slightly different in collecting Bitcoin for a long period of time because as I said earlier people who do not have patience and consistency in this matter will certainly sell suddenly this is due to the different methods and knowledge of people so we also need to have a strategy like this in terms of protecting Bitcoin and other people also have their own way of maintaining the strategy with the aim of achieving this Bitcoin to be an advantage that we must feel when the price has reached the point we want.

[cxtreenal]

Surely... This is what every investor should do. It is not right to decide to withdraw Bitcoin before reaching the overaccumulation level. Some investors make the foolish decision to withdraw their long held Bitcoin in the pursuit of small profits. The idea of ​​selling during the ATH period can slow down their Bitcoin accumulation. Staying consistent in Bitcoin and regularly running DCA will be the right decision for you.
No.. many investors think that selling when the price rises and buying back when the price falls thats one kind of gambling. Investors who have at least a little knowledge about investing will be able to understand that if they have been accumulation Bitcoin for two years and decide to sell part of it before reaching the overaccumulation level, they will never get back the previous buying price. If you know about these advantages and strategies of doing DCA, you can keep DCA running to keep Bitcoin holdings intact even after reaching the overaccumulation level.

Sometimes large investors also make mistakes in making decisions about suddenly withdrawing or selling BTC when the price level is dropping drastically without waiting for the peak price they can feel. This is because investors are not consistent in making decisions to continue extending their consistency as investors to achieve large profits that they can enjoy when the price conditions have truly stabilized. At that time, they should make the right decision to withdraw or sell BTC. Even though they do it suddenly these investors do not really get small profits but they do it at the right time to achieve large profits in such a short time.

This does not necessarily mean that investors sell when the price rises and buy when the price falls because many investors also do the same thing as you said earlier investors have sufficient knowledge and besides investors also have the same knowledge but sometimes the way they do it is slightly different in collecting Bitcoin for a long period of time because as I said earlier people who do not have patience and consistency in this matter will certainly sell suddenly this is due to the different methods and knowledge of people so we also need to have a strategy like this in terms of protecting Bitcoin and other people also have their own way of maintaining the strategy with the aim of achieving this Bitcoin to be an advantage that we must feel when the price has reached the point we want.

The people you are talking about are not investors. They are gambling with their funds. Whether the price of Bitcoin is falling or rising sharply or slowly, investors have a trend to accumulation Bitcoin regardless of the price and until it reaches the point of overaccumulation.

Large or wealthy investors/traders can trade Bitcoin or invest for the long term in any way because they have the flow of funds and multiple sources of income. When investing in Bitcoin, poor investors have to build their holdings in a completely unfavourable situation compared to wealthy investors. Their attitude of being financially capable encourages long term Bitcoin accumulation.

No matter what level of investor/trader you are, you may be able to profit easily from Bitcoin but you should not gamble with your invested capital. Selling in panic during a price drop or selling for high profits during a price rise is an expression of greed in every case. It is better to do DCA with a long term Bitcoin plan and not decide to withdraw before reaching the overaccumulation level.

[Achalugo BTC]

Misinformation is not only the reason some people sell their investment or panic but sometimes they are already determined to mess around with Bitcoin that is trading it and sometimes they are just myopic to see or limited to see what Bitcoin actually holds in the future and the interesting part is that they always learn in the hard way. Anyone who wants to enjoy Bitcoin should invest and hold for long term and this isn't supposed to be a new suggestion because we have seen it with our eyes the growth of Bitcoin since 2009 till this very moment.

Well, you are actually right but there are some persons that are into Bitcoin which are being informed that investing in it will make them become rich instantly and this will give them the mindset that Bitcoin is where they can make instant money without any efforts or stress, which will make them to make decisions that they will later regrets or that will cause them to lose all their money without any gain or profit, and this is due to the misinformation they have.
Assuming they are being told all about what investing in crypto or trading in crypto is, they will be able to do the necessary adjustments or the needful, so that they won't fall into traps or pitfalls. Although in everything that one is doing in life in order to survive,  they must always experience profit and loss but its better and important for people to have more profits than loss, which will motivate them or encourage them to invest in crypto.

[JayJuanGee]

Misinformation is not only the reason some people sell their investment or panic but sometimes they are already determined to mess around with Bitcoin that is trading it and sometimes they are just myopic to see or limited to see what Bitcoin actually holds in the future and the interesting part is that they always learn in the hard way. Anyone who wants to enjoy Bitcoin should invest and hold for long term and this isn't supposed to be a new suggestion because we have seen it with our eyes the growth of Bitcoin since 2009 till this very moment.

Well, you are actually right but there are some persons that are into Bitcoin which are being informed that investing in it will make them become rich instantly and this will give them the mindset that Bitcoin is where they can make instant money without any efforts or stress, which will make them to make decisions that they will later regrets or that will cause them to lose all their money without any gain or profit, and this is due to the misinformation they have.
Assuming they are being told all about what investing in crypto or trading in crypto is, they will be able to do the necessary adjustments or the needful, so that they won't fall into traps or pitfalls. Although in everything that one is doing in life in order to survive,  they must always experience profit and loss but its better and important for people to have more profits than loss, which will motivate them or encourage them to invest in crypto.

Even though you seem to know the word "bitcoin" (since you used it twice in your post), for sure this thread is not about fucking around with shitcoins or investing into them, either, so I am not sure why you are talking about shitcoins.  Of course, we are talking about investing here too, and not trading, so for example, if we were going to build up a bitcoin investment over many years, perhaps 4-10 years or more, then we may well engage in various buying methods that involve DCA, Lump sum and/or buying dips.. and so it could take a while to build up a bitcoin portfolio to a large enough level that maybe selling could come into play (beyond sell and replace type methods that involve potentially using our bitcoin for direct transactions).

By the way, if you used the term crypto, yet you were really talking about bitcoin, then I would question whether you really know what bitcoin is, since why would you intentionally choose to use the word "crypto," unless maybe you were trying to sound smart, yet use of the word "crypto" to refer to bitcoin without specifying what you mean causes you to sound dumber, vague and/or  misleading rather than being clear in regards to what you are talking about.

[whiteblue]

Misinformation is not only the reason some people sell their investment or panic but sometimes they are already determined to mess around with Bitcoin that is trading it and sometimes they are just myopic to see or limited to see what Bitcoin actually holds in the future and the interesting part is that they always learn in the hard way. Anyone who wants to enjoy Bitcoin should invest and hold for long term and this isn't supposed to be a new suggestion because we have seen it with our eyes the growth of Bitcoin since 2009 till this very moment.

Well, you are actually right but there are some persons that are into Bitcoin which are being informed that investing in it will make them become rich instantly and this will give them the mindset that Bitcoin is where they can make instant money without any efforts or stress, which will make them to make decisions that they will later regrets or that will cause them to lose all their money without any gain or profit, and this is due to the misinformation they have.
Assuming they are being told all about what investing in crypto or trading in crypto is, they will be able to do the necessary adjustments or the needful, so that they won't fall into traps or pitfalls. Although in everything that one is doing in life in order to survive,  they must always experience profit and loss but its better and important for people to have more profits than loss, which will motivate them or encourage them to invest in crypto.

Even though you seem to know the word "bitcoin" (since you used it twice in your post), for sure this thread is not about fucking around with shitcoins or investing into them, either, so I am not sure why you are talking about shitcoins.  Of course, we are talking about investing here too, and not trading, so for example, if we were going to build up a bitcoin investment over many years, perhaps 4-10 years or more, then we may well engage in various buying methods that involve DCA, Lump sum and/or buying dips.. and so it could take a while to build up a bitcoin portfolio to a large enough level that maybe selling could come into play (beyond sell and replace type methods that involve potentially using our bitcoin for direct transactions).

By the way, if you used the term crypto, yet you were really talking about bitcoin, then I would question whether you really know what bitcoin is, since why would you intentionally choose to use the word "crypto," unless maybe you were trying to sound smart, yet use of the word "crypto" to refer to bitcoin without specifying what you mean causes you to sound dumber, vague and/or  misleading rather than being clear in regards to what you are talking about.

Looking at his account records he registered jully last year, meaning that he is still relatively new to this forum, so I think he is still using the general understanding out there, does not yet have in-depth literacy on how to distinguish the terms Crypto and Bitcoin as we know here, he mixed it up, I hope he after reading your reply he can understand that the placement of the terms should not be mixed, and it is highly recommended to have better literacy about Bitcoin, especially on the forum.

[Achalugo BTC]

Even though you seem to know the word "bitcoin" (since you used it twice in your post), for sure this thread is not about fucking around with shitcoins or investing into them, either, so I am not sure why you are talking about shitcoins.  Of course, we are talking about investing here too, and not trading, so for example, if we were going to build up a bitcoin investment over many years, perhaps 4-10 years or more, then we may well engage in various buying methods that involve DCA, Lump sum and/or buying dips.. and so it could take a while to build up a bitcoin portfolio to a large enough level that maybe selling could come into play (beyond sell and replace type methods that involve potentially using our bitcoin for direct transactions).

By the way, if you used the term crypto, yet you were really talking about bitcoin, then I would question whether you really know what bitcoin is, since why would you intentionally choose to use the word "crypto," unless maybe you were trying to sound smart, yet use of the word "crypto" to refer to bitcoin without specifying what you mean causes you to sound dumber, vague and/or  misleading rather than being clear in regards to what you are talking about.

Thanks for pointing this out but what I actually meant was Bitcoin and not shitcoins, so pardon me for the misuse of terms, I'm still figuring out how to properly engage in bitcoin discussions like this, so you'll have to pardon me if I didn't used the right terms.
I will try my best to avoid further mistakes and misused terms that may sound misleading to others or relate the wrong idea to others.
And also I'm still trying to get the hang of it about Bitcoin but I know being a part of this forum would help enlighten me further.

[Byebyebtc]

If an investor expresses his desire to withdraw some amount from his investment and enjoy it, then he can do so if he wants. If a person's investment increases by double the amount invested, if its term does not expire and if it does not reach the excess savings level, he can still withdraw some amount and enjoy it. However, if he withdraws the entire amount, it will never be the right decision.

I know that at some point some Bitcoin investors will want to withdraw some of their Bitcoin, just to have a taste of what they have been hustling for, for years, but that should never be considered if you have not gotten close to the end or the end of your accumulation journey.
It's not advisable to be withdrawing your holdings when you are still in your accumulation stage, because with that, you may struggle to get to your over accumulation status or you may be tempted to be tapping it little by little which is not a good practice, since it will limit the growth of your Bitcoin stash.
So selling part of your Bitcoin stash when you are still far from getting to your over accumulation status is a wrong thing to do, because you might never get to that over accumulation status if you keep doing that consistently.

You are correct to identify that there are likely going to be quite a few times during a bitcoin accumulation journey that the investor will be tempted to sell some or all of his bitcoin.

Sure, it is not a good practice to sell any of your bitcoin prior to getting to overaccumulation status, yet guys are going to do what they are going to do, and they might also lose their way when they sell rather than buy or just hold.

Guys have to make these kinds of decisions and figure out the trade-offs for doing it, even if his intention is to replaces all of the coins that had been sold.

The longer that a guy is in the process of accumulating bitcoin, the more he has likely tailored his own systems, yet he still might end up making mistakes in delaying his reaching of overaccumulation status or even mismeasuring where he is at and/or how close he is to overaccumulation status.

What is making money with out challenges and temptation, it is the same with Bitcoin investment as well,
The temptations to sale your coins even when they are not matured enough is real, and feew fall for it,
But if you take it as the process of building wealth, you will understand that these challenges are natural and they will definitely come, you will be ready to overcome them.

Knowing that a challenge is coming is more easier to overcome than when the challenge comes by surprise.

[JayJuanGee]

If an investor expresses his desire to withdraw some amount from his investment and enjoy it, then he can do so if he wants. If a person's investment increases by double the amount invested, if its term does not expire and if it does not reach the excess savings level, he can still withdraw some amount and enjoy it. However, if he withdraws the entire amount, it will never be the right decision.

I know that at some point some Bitcoin investors will want to withdraw some of their Bitcoin, just to have a taste of what they have been hustling for, for years, but that should never be considered if you have not gotten close to the end or the end of your accumulation journey.
It's not advisable to be withdrawing your holdings when you are still in your accumulation stage, because with that, you may struggle to get to your over accumulation status or you may be tempted to be tapping it little by little which is not a good practice, since it will limit the growth of your Bitcoin stash.
So selling part of your Bitcoin stash when you are still far from getting to your over accumulation status is a wrong thing to do, because you might never get to that over accumulation status if you keep doing that consistently.

You are correct to identify that there are likely going to be quite a few times during a bitcoin accumulation journey that the investor will be tempted to sell some or all of his bitcoin.

Sure, it is not a good practice to sell any of your bitcoin prior to getting to overaccumulation status, yet guys are going to do what they are going to do, and they might also lose their way when they sell rather than buy or just hold.

Guys have to make these kinds of decisions and figure out the trade-offs for doing it, even if his intention is to replaces all of the coins that had been sold.

The longer that a guy is in the process of accumulating bitcoin, the more he has likely tailored his own systems, yet he still might end up making mistakes in delaying his reaching of overaccumulation status or even mismeasuring where he is at and/or how close he is to overaccumulation status.

What is making money with out challenges and temptation, it is the same with Bitcoin investment as well,
The temptations to sale your coins even when they are not matured enough is real, and feew fall for it,
But if you take it as the process of building wealth, you will understand that these challenges are natural and they will definitely come, you will be ready to overcome them.

Knowing that a challenge is coming is more easier to overcome than when the challenge comes by surprise.

You are correct that somewhere along the line, the perspective of longer term investor has to get into a newbie bitcoiner's mindset that prioritizes ongoing accumulation of BTC, holding and not selling, absent some extenuating circumstances that might justify changing perspective and approach to the bitcoin holdings.

I have never suggested that any member has to have their long term mindset and/or approach in place at the time that they get started investing in bitcoin, since getting started investing in bitcoin remains important in going down a path of both actively learning about bitcoin and being motivated to actively learn about bitcoin, since no one seems inclined towards wanting to lose money... so investing into bitcoin would likely be with a goal to not lose money and to actually have a chance of making money within a timeline that may or may not be clearly established at the time that the newbie bitcoiner starts buying and holding bitcoin.

I am pretty sure that in late 2013 when I started investing in bitcoin, my own timeline was to invest at least 1 year minimum, even though I was considering at least more than 2 years, yet my own perspective on timeline of my bitcoin investment was giving myself ways out of my investment into bitcoin in the event that I were to become convinced that getting out of bitcoin was a better approach than staying in.  

Yet, even when I first started buying bitcoin in late 2013, I considered myself to be attempting to invest rather than trade, and I am pretty sure that I did end up spending a week or two reading various aspects of bitcoin and then figuring out my finances and how to first get started (from where to start to source my bitcoin), yet at that starting time, I still had not considered bitcoin as minimally more than a 4 year investment (as I think about it now days), which I developed that 4-10 year or longer perspective several years after I had already been in bitcoin and as bitcoin continued to exist and to be tested in various regards..

Ongoingly, it has seemed likely to me that the longer that bitcoin was continuing to survive, the stronger bitcoin's investment thesis had been becoming to be stronger and stronger and stronger, so maybe by late 2017 and with the favorable resolution of the then blocksize wars, it became more reasonable to consider bitcoin within a 4-10 year or longer investment timeframe (and even as a lifetime investment) rather than shorter timelines that might have had previously been considered to be reasonable...

It does seem that at some point bitcoin investors should be willing to consider bitcoin as a 4-10 year or longer investment or a lifetime investment which would likely help them to continue to accumulate bitcoin, to hold through tough periods and/or not to sell any bitcoin (absent sell and replace or some reasonably acceptable exceptions that might be fitting to the person).  Of course, folks with age and/or health considerations may well have investment timelines that are less than 10 years, and yeah, it could also be possible that some folks might have challenges in getting themselves to consider bitcoin as an investment rather than as a trade.

I am pretty sure that from the start of my investment into bitcoin in late 2013, I already had the mindset of not investing any more than I was willing to lose, so in that sense, there are ways to establish mindsets for ourselves in order to not put expectations of short-term profiting from the amounts that we put into bitcoin and realizing that what we put into bitcoin could end up going to zero.. so then there is an acceptance of the possibility that the invested amount could end up going to zero.. .which also seems to be helpful to ride through the short-to-medium ups and the downs and to realize that bitcoin's going up is not guaranteed, while at the same time, accepting that our investment into bitcoin might end up going to zero which might still contribute towards limiting how much is put into the investment.. especially during those times in which the BTC price is going down rather than sideways or up.

[Showlove01]

If an investor expresses his desire to withdraw some amount from his investment and enjoy it, then he can do so if he wants. If a person's investment increases by double the amount invested, if its term does not expire and if it does not reach the excess savings level, he can still withdraw some amount and enjoy it. However, if he withdraws the entire amount, it will never be the right decision.

I know that at some point some Bitcoin investors will want to withdraw some of their Bitcoin, just to have a taste of what they have been hustling for, for years, but that should never be considered if you have not gotten close to the end or the end of your accumulation journey.
It's not advisable to be withdrawing your holdings when you are still in your accumulation stage, because with that, you may struggle to get to your over accumulation status or you may be tempted to be tapping it little by little which is not a good practice, since it will limit the growth of your Bitcoin stash.
So selling part of your Bitcoin stash when you are still far from getting to your over accumulation status is a wrong thing to do, because you might never get to that over accumulation status if you keep doing that consistently.

You are correct to identify that there are likely going to be quite a few times during a bitcoin accumulation journey that the investor will be tempted to sell some or all of his bitcoin.

Sure, it is not a good practice to sell any of your bitcoin prior to getting to overaccumulation status, yet guys are going to do what they are going to do, and they might also lose their way when they sell rather than buy or just hold.

Guys have to make these kinds of decisions and figure out the trade-offs for doing it, even if his intention is to replaces all of the coins that had been sold.

The longer that a guy is in the process of accumulating bitcoin, the more he has likely tailored his own systems, yet he still might end up making mistakes in delaying his reaching of overaccumulation status or even mismeasuring where he is at and/or how close he is to overaccumulation status.

What is making money with out challenges and temptation, it is the same with Bitcoin investment as well,
The temptations to sale your coins even when they are not matured enough is real, and feew fall for it,
But if you take it as the process of building wealth, you will understand that these challenges are natural and they will definitely come, you will be ready to overcome them.

Knowing that a challenge is coming is more easier to overcome than when the challenge comes by surprise.

No challenge(s) come when they are expected and that is why in Bitcoin they are called emergency because we don't know when it will happen but we should expect them and sometimes they can be small and sometimes they can be big so either way we should just keep our emergency funds. But we should not prioritize our emergency funds over our discretionary because our discretionary is the .most important because sometimes we can stay a long time and yet no emergency and I'm speaking out of experience.

[Creeper0]

No challenge(s) come when they are expected and that is why in Bitcoin they are called emergency because we don't know when it will happen but we should expect them and sometimes they can be small and sometimes they can be big so either way we should just keep our emergency funds. But we should not prioritize our emergency funds over our discretionary because our discretionary is the .most important because sometimes we can stay a long time and yet no emergency and I'm speaking out of experience.

Emergency moments are always unexpected, emergency moments will never come to you with permission or inform you. The moment of spending that you have permission or inform you about is not an emergency moment, so the emergency fund is not for that moment. You may be talking about a housewarming or a big purchase, which should be part of your reserve fund.

Emergency moments are when a family member suddenly falls ill or you yourself face illness, encounter a major accident, help a close relative (whom you are obligated to help) in danger, etc. These moments will never come to you with permission, so if you want to stay away from the negative effects of these moments, then you should definitely have an emergency fund. No one expects an emergency moment, so it is unexpected. What is expected is never urgent.

[JayJuanGee]

[edited out]

No challenge(s) come when they are expected and that is why in Bitcoin they are called emergency because we don't know when it will happen but we should expect them and sometimes they can be small and sometimes they can be big so either way we should just keep our emergency funds. But we should not prioritize our emergency funds over our discretionary because our discretionary is the .most important because sometimes we can stay a long time and yet no emergency and I'm speaking out of experience.

You are speaking in a confusing way, since even if our emergency funds might be for actual emergencies, when we are talking about investing into bitcoin and wanting to protect our bitcoin, then the emergency fund is also used to protect our bitcoin so that we might not have to tap into it at a time that is not of our own choosing, yet we are also likely striking a balance in regards to how much emergency funds and/or reserve funds that we might keep on hand.. since we are also wanting to grow our bitcoin stash size.

The amount of balance that we might choose to keep, or how aggressive that we might choose to be in our bitcoin investment may well relate to a lot of our personal financial and psychological circumstances including our consideration of our personal factors.

Surely if we make mistakes in regards to being too aggressive or too whimpy in our bitcoin accumulation, then we would end up paying the price for our mistakes... so each of us tries to find a balance in our bitcoin accumulation that we consider to be appropriate in regards to our circumstances and our various expectations that we have regarding our cashflows and how much we want to put into bitcoin as compared with other places that we might choose to put our time, energy and value.

No challenge(s) come when they are expected and that is why in Bitcoin they are called emergency because we don't know when it will happen but we should expect them and sometimes they can be small and sometimes they can be big so either way we should just keep our emergency funds. But we should not prioritize our emergency funds over our discretionary because our discretionary is the .most important because sometimes we can stay a long time and yet no emergency and I'm speaking out of experience.

Emergency moments are always unexpected, emergency moments will never come to you with permission or inform you. The moment of spending that you have permission or inform you about is not an emergency moment, so the emergency fund is not for that moment. You may be talking about a housewarming or a big purchase, which should be part of your reserve fund.

Emergency moments are when a family member suddenly falls ill or you yourself face illness, encounter a major accident, help a close relative (whom you are obligated to help) in danger, etc. These moments will never come to you with permission, so if you want to stay away from the negative effects of these moments, then you should definitely have an emergency fund. No one expects an emergency moment, so it is unexpected. What is expected is never urgent.

Focus guys.  I might have to start deleting posts based on how much lack of focus we seem to be going through in recent times in regards to the topic of this thread.

We are talking about emergency funds (back up funds, reserve funds and other resources that we might have) in the context of building and/or maintaining a bitcoin investment, so I hardly see any purpose elaborating on the various emergencies that may or may not happen in the abstract if we are not talking about those back up funds ideas in the context of bitcoin investing (and cashflow management), including specifically talking about my various bitcoin investment related ideas, which happens to be the topic of this thread.