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Author Topic: JJG’s Outline of Bitcoin Investment Ideas  (Read 9755 times)
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JayJuanGee (OP)
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Today at 04:09:40 PM
 #741

Sure it is understandable that brand new people into bitcoin might feel that they are not able to commit for even 4 years, so brand new folks to bitcoin might come to bitcoin with ideas of getting in and out of bitcoin in less than 4 years, yet that is a trading mentality and the carrying out of trading activities, which we are not talking about in this thread.
You're right because people just starting out often lack time management. If they were ready to commit they would certainly gain a better understanding of Bitcoin in the four years they'd do so. If they only have the financial resources to understand Bitcoin it would be difficult for them to engage in the trading activities they likely hear about in every Bitcoin thread.

People start from where ever they are at, and sometimes it takes time for them to change their ways of thinking about matters, unless maybe they had already had some reason that they were inclined to think longer term.

So it can be possible to let them know that bitcoin is an investment rather than a trade - yet at the same time, they might be inclined to think about bitcoin as a trade or maybe thinking about something that they would like to save up and to buy, whether a car, or a house or investing into a business or something else.  So even if they get started thinking about bitcoin as  a trade, and if they get started buying bitcoin  weekly, and studying bitcoin, they might come around to understanding bitcoin differently, including increasing their own timeline ideas.

When we buy BTC, We must put aside worries about the price because it fluctuates 24/7, So we don't need to Panic because we are investing for our future.
Finances will determine the smooth running of investments, If there is no steady income, investments will be hampered.

If we take the initiative to start now, we have a significant opportunity because we buy at a cheaper price than a few months ago.
Make sure your investment run as Smoothly as possible and don't let Stress get in the way, as It can interfere with Your daily activities.

Sure there is nothing wrong with starting now.

And there would have had been nothing wrong with starting in October 2025 (at the ATH).

Guys who don't have any bitcoin should start whenever they first hear about bitcoin, so long as they have discretionary funds.

So, yeah, it is one thing to get started buying, yet it is another thing to keep building the investment into bitcoin which can take 4-10 years or longer just to build it up, depending on a person's cashflow situation and also their dedication to buying bitcoin whether it is at 5% of their income or 25% of their income or some other amount, and of course, the more aggressive they are, then the more they would build their bitcoin holdings - and so they need to account for their personal factors to help them to figure out their level of aggressiveness or their level of whimpiness in terms of their ongoing accumulation of bitcoin and/or other considerations that they might have.

I am not a great fan for ideas of waiting for the dip rather than ongoing buying, yet surely if a person finds themselves coming to bitcoin during a dip period like now, then it does seem to be a good time to get started, even though like I suggested it can be difficult to know the direction of the bitcoin price, even if the person had entered into bitcoin around September and/or early October when the bitcoin price was going to it ATH peak of $126k, when right now (for the last several hours) we are bouncing between $73k and $74k.. .and even seeming to want to push for lower levels, so we can never really know when or if the bottom is in, even though right now we are close to 42% below the October top.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Today at 06:13:06 PM
 #742


People start from where ever they are at, and sometimes it takes time for them to change their ways of thinking about matters, unless maybe they had already had some reason that they were inclined to think longer term.

So it can be possible to let them know that bitcoin is an investment rather than a trade - yet at the same time, they might be inclined to think about bitcoin as a trade or maybe thinking about something that they would like to save up and to buy, whether a car, or a house or investing into a business or something else.  So even if they get started thinking about bitcoin as  a trade, and if they get started buying bitcoin  weekly, and studying bitcoin, they might come around to understanding bitcoin differently, including increasing their own timeline ideas.
I agree with you. Because I myself was also with this kind of thinking at first. I will buy Bitcoin and become rich after a few days. After that I kept asking questions on this forum about various things. Later I came to know about investing from DCA, discretionary income and long-term investment after studying your concepts.

My investment experience is only 3 months Undecided. In the first month, when I started buying Bitcoin weekly and the price started decreasing, my mental state was a little unstable. Later I understood to myself that the amount of $$ I was buying would have been wasted for various reasons. I am buying Bitcoin without doing any bad thing with it, so there will be benefits in the future. If it does not come with benefits  , my financial condition will not be bad for this money.

Now the price of Bitcoin has decreased a lot. Although I do not see the chart all day long. Only occasionally do I see the price decreasing when the notification comes. Although I do not care much about it anymore. Even seeing the price drop, I am not investing aggressively. I am doing DCA as before. In some weeks, the amount of $$ to buy is becoming relatively less. If I see many people on the forum saying "now is the right time to buy Bitcoin" "Buy Bitcoin and hold it as much as you can". But those who actually invest, who have slowly come out of the trading mentality, never say such things. I think those who do not actually have any Bitcoin holding or do not invest are the ones who are chatting on the forum like this.

But as you said, if someone starts buying every week for short-term trading, after a few days they will also start giving importance to proper and long-term accumulation. That is why it is important to start anyway, but if it is with a small amount, then it is best.
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Today at 09:30:54 PM
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 #743


Any person who is willing, ready and able to invest in bitcoin is free to get started as soon as possible, provided the person have a source of income to be mapping out his or her discretionary income every week or every month. Further more when it comes to investment what determine someone profit is the amount of money invested and not confidence. That is why we always advise anyone who is just getting started with bitcoin to have an accumulating target, secondly the person has to be consistent in accumulating bitcoin using his/her discretionary income Via DCA method till he/ her reach the accumulating target and then hold for long term.

The concept of HODLing your bitcoin investment isn't applied only when you have reached your over-accumulation stage and/or accumulation target, nope. HODLing is your ability to HODL(not sell) your your bitcoin investment for any reason till you reach your accumulation target of over-accumulation stage. Once you start your investment, your ability to not sell your assets right from your building stage down to your over-accumulation stage is what we call HODLing. So it does not only start when you have reached your target, it starts as you start your investment.

Sure, there are many reasons that can make investors sell off there Investments or some without reaching there investment target, ranging from not investing rightly, investing with the wrong funds, greediness in investment, wrong income allocation and management, going for cheap trading, failing to build up your emergency funds and other back up funds, etc. But all these are spoken against and that investors should employ good investment practices to enable them HODL for long even right from the start of there investment

JayJuanGee (OP)
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Today at 10:03:01 PM
 #744

People start from where ever they are at, and sometimes it takes time for them to change their ways of thinking about matters, unless maybe they had already had some reason that they were inclined to think longer term.

So it can be possible to let them know that bitcoin is an investment rather than a trade - yet at the same time, they might be inclined to think about bitcoin as a trade or maybe thinking about something that they would like to save up and to buy, whether a car, or a house or investing into a business or something else.  So even if they get started thinking about bitcoin as  a trade, and if they get started buying bitcoin  weekly, and studying bitcoin, they might come around to understanding bitcoin differently, including increasing their own timeline ideas.
I agree with you. Because I myself was also with this kind of thinking at first. I will buy Bitcoin and become rich after a few days. After that I kept asking questions on this forum about various things. Later I came to know about investing from DCA, discretionary income and long-term investment after studying your concepts.

My investment experience is only 3 months Undecided. In the first month, when I started buying Bitcoin weekly and the price started decreasing, my mental state was a little unstable. Later I understood to myself that the amount of $$ I was buying would have been wasted for various reasons. I am buying Bitcoin without doing any bad thing with it, so there will be benefits in the future. If it does not come with benefits  , my financial condition will not be bad for this money.

Now the price of Bitcoin has decreased a lot. Although I do not see the chart all day long. Only occasionally do I see the price decreasing when the notification comes. Although I do not care much about it anymore. Even seeing the price drop, I am not investing aggressively. I am doing DCA as before. In some weeks, the amount of $$ to buy is becoming relatively less. If I see many people on the forum saying "now is the right time to buy Bitcoin" "Buy Bitcoin and hold it as much as you can". But those who actually invest, who have slowly come out of the trading mentality, never say such things. I think those who do not actually have any Bitcoin holding or do not invest are the ones who are chatting on the forum like this.

But as you said, if someone starts buying every week for short-term trading, after a few days they will also start giving importance to proper and long-term accumulation. That is why it is important to start anyway, but if it is with a small amount, then it is best.

3 months is a very short period to measure, and sure of course, the BTC price has been going down for that whole time, so yeah, whatever you bought is likely at a loss on paper, but if you are investing for 4-10 years or longer and sure more likely longer than 10 years, then it could take you some time to build up your holdings, and you might have decently long periods in losses (at least on paper), and even though there is not guarantee of profits, an underlying presumption of bitcoin is that it is generally trending upwards, especially in the longer term....

Sometimes a person might be investing aggressively while the BTC price is dipping, yet the price continues to dip.

So then at that point, you largely have run out of money and all that you have left is the amount that you pull from your discretionary funds, so yeah, your discretionary funds involve putting money into your investment, but also adding to any savings and also any discretionary consumption that you might have.

Some guys like to try to become more aggressive in their bitcoin buying during dips, yet I am sure how much of a difference that is going to make - especially over something like a 10 year or longer timeline.

Sometimes the measuring of your progress can seem slow, but you can still try to figure out ways to make fun out of how you are keeping track... and perhaps just watching the number of satoshis grow over time can be interesting, even though there are other interesting metrics that you can come up with in terms of measuring the progress of your bitcoin investment, also.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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