JJG’s Outline of Bitcoin Investment Ideas

[JayJuanGee]

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.

[Saltysugar99]

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 . 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.

[Bigjoe33]

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]

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 . 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.

[alankasman]

Although the type of investment an investor makes depends on the discretionary income, the question always remains that if a person has a relatively high discretionary income and invests aggressively, for how many years can he continue this aggressive investment? When people's income increases, their expenses naturally increase. Similarly, when people try to save extra money at the end of the month, but they have a need, so if they have to stop investing aggressively for a few days, I think it is more important for investors to continue investing consistently.
On the other hand, the problem for those whose discretionary income is relatively low is not that they have to buy less, but they have to ensure that they are able to ensure such an amount of investment that they can continue continuously and do not have to sell their investment if suddenly needed.
What I always say is that rather than investing relatively high for some time, the important thing is to ensure continuity of investment and hold the investment for a long time and not sell it suddenly.

As long as someone still wants to invest whether it lasts or not depends on the individual. They may still have discretionary income as aggressive investing is only aimed at increasing profits. Therefore for this reason someone must also adjust their spending. Even if they have discretionary income spending more is certainly a problem that must be addressed. In the context of investing adjustments are necessary. If you feel you can't control your spending it's better not to do it. You still need to meet your needs so it's necessary to stop investing.

As you mentioned saving at the end of the month is certainly not possible for me personally. We need money for our daily needs whether for family needs or for ourselves. We can't work all the time and expect payment from others. Therefore it's difficult to invest (save) without income other than discretionary income. Unless there is income that doesn't impact basic needs, we must invest fully and consistently.

The most important thing is to be consistent in any activity especially investing. It's crucial to understand what to do if your income is relatively low. If you're forced to continue investing with a relatively low income this is a mistake in my opinion. It's unnatural for someone to invest in unstable circumstances. Sometimes their income can be used up in less than two weeks for their family's basic needs. Therefore if you don't have a large income even a small amount is fine. What we're investing isn't for others it should be for our future assets even if the amount is small. However we still invest consistently every time we invest.

This is quite true. The reason is that it's enough to be consistent even if we don't invest much but we still invest relatively well. When someone finds themselves in a difficult situation we certainly don't need to suddenly sell our assets. This is because we're essentially investing with full consequences meaning it doesn't make it difficult for us personally. So we continue to do it even if sometimes the amount is small. But ultimately we don't need to sell because we feel we always have enough so our assets remain sustainable.

If experience is valued the most in investment, then in this case I would like to ask you how much experience do you think an investor needs to make the right investment decision. I think an investor can start investing with some ideas about investment and he can learn slowly and at the same time he can continue investing consistently. In the case of long-term investment, the issue of price is not given much priority, but consistency and reliability are given priority here. If an investor can make an investment decision by considering his income, income and expenses, remaining money at the end of the month, emergency fund, then I would think he is definitely right in holding long-term investments.
I don't really want to say anything about trading because those who trade are completely different from investors, so it is better not to try to match their logic with investors.

What an investor does is clearly different from what a regular person does. It's true that an investor already possesses complete capabilities. I probably don't need to mention what they're prepared for as you already know what they're prepared for.

What a non-investor experiences is that despite their limitations they're still willing to strive in every way to prioritize investing. This means that even without basic support they still desire income after working considering that the future requires assets. These assets are born when we're still healthy allowing them to enjoy the fruits of their investments over decades. The difference is stark far from those investors who have strong financial resources and can do anything through various means. This is inseparable from an investor having donors so it's appropriate for them to invest long-term.

[Bigjoe33]

Although the type of investment an investor makes depends on the discretionary income, the question always remains that if a person has a relatively high discretionary income and invests aggressively, for how many years can he continue this aggressive investment?When people's income increases, their expenses naturally increase. Similarly, when people try to save extra money at the end of the month, but they have a need, so if they have to stop investing aggressively for a few days, I think it is more important for investors to continue investing consistently.

On the other hand, the problem for those whose discretionary income is relatively low is not that they have to buy less, but they have to ensure that they are able to ensure such an amount of investment that they can continue continuously and do not have to sell their investment if suddenly needed.

Note that what Mr A might call aggressive buying may be a little buy compared to Mr B, and vice versa. Therefore, I think buying should be tailored down to what your discretionary income can afford for as long as it keeps coming and how long you would stay active in the market. Offcourse, there are sometimes one might need to make adjustments in your buying and investments such that you could reduce a bit in price due to excess spending or heavy financial expenses, while sometimes you increase as a result of low expenses budget, but the goal still remains to remain active and consistent in the market and that's what matters.

Investing less when you have enough discretionary might slow your investment down, and also, investing too high when you have little discretionary will surely put your investment at risk of loosing it. Thus, in all this variant fluctuations in income and/or expenses, the investor must try to remain flexible and also ensuring to strike a balance in his weekly or monthly allocation management to ensure both his expenses and investment is healthy and that no one suffers.

[JayJuanGee]

Although the type of investment an investor makes depends on the discretionary income, the question always remains that if a person has a relatively high discretionary income and invests aggressively, for how many years can he continue this aggressive investment?When people's income increases, their expenses naturally increase. Similarly, when people try to save extra money at the end of the month, but they have a need, so if they have to stop investing aggressively for a few days, I think it is more important for investors to continue investing consistently.

On the other hand, the problem for those whose discretionary income is relatively low is not that they have to buy less, but they have to ensure that they are able to ensure such an amount of investment that they can continue continuously and do not have to sell their investment if suddenly needed.

Note that what Mr A might call aggressive buying may be a little buy compared to Mr B, and vice versa. Therefore, I think buying should be tailored down to what your discretionary income can afford for as long as it keeps coming and how long you would stay active in the market. Offcourse, there are sometimes one might need to make adjustments in your buying and investments such that you could reduce a bit in price due to excess spending or heavy financial expenses, while sometimes you increase as a result of low expenses budget, but the goal still remains to remain active and consistent in the market and that's what matters.

Investing less when you have enough discretionary might slow your investment down, and also, investing too high when you have little discretionary will surely put your investment at risk of loosing it. Thus, in all this variant fluctuations in income and/or expenses, the investor must try to remain flexible and also ensuring to strike a balance in his weekly or monthly allocation management to ensure both his expenses and investment is healthy and that no one suffers.

I think that fairly regularly mistakes can be made where someone might invest too little or too much one week or another, especially if they are attempting to be actively managing their cashflows on something like a weekly basis... which is part of the rationale for keeping sufficient cash cushions (such as back up funds) that would be able to cover inadvertent mistakes.

[alankasman]

I think that fairly regularly mistakes can be made where someone might invest too little or too much one week or another, especially if they are attempting to be actively managing their cashflows on something like a weekly basis... which is part of the rationale for keeping sufficient cash cushions (such as back up funds) that would be able to cover inadvertent mistakes.

It's true as you said and even some of my friends also experience similar things because sometimes some people don't know how to manage their cash flow even though they have extraordinary income every week let alone monthly they still make mistakes that they didn't expect even though they are also very effective in investing even with small amounts because they don't do it with large amounts because it's difficult in the form of patience so they prefer some of the money they have just to gamble online which in the end they only feel the results they invested with a small amount even though it's not long but the results they invested can be an inspiration to invest with a large amount in accumulating Bitcoin in the long term this is with accommodation with what they feel even though the first time they did it with a small amount so they failed in gambling but their hope is in what they did some time ago.

[Bigjoe33]

I think that fairly regularly mistakes can be made where someone might invest too little or too much one week or another, especially if they are attempting to be actively managing their cashflows on something like a weekly basis... which is part of the rationale for keeping sufficient cash cushions (such as back up funds) that would be able to cover inadvertent mistakes.

Yea, and sure it does happen. Of course, as humans, and thank goodness for the knowledge of back up funds and its relevance to investment. Thanks JJG for the insight too.

I think that fairly regularly mistakes can be made where someone might invest too little or too much one week or another, especially if they are attempting to be actively managing their cashflows on something like a weekly basis... which is part of the rationale for keeping sufficient cash cushions (such as back up funds) that would be able to cover inadvertent mistakes.

It's true as you said and even some of my friends also experience similar things because sometimes some people don't know how to manage their cash flow even though they have extraordinary income every week let alone monthly they still make mistakes that they didn't expect even though they are also very effective in investing even with small amounts because they don't do it with large amounts because it's difficult in the form of patience so they prefer some of the money they have just to gamble online which in the end they only feel the results they invested with a small amount even though it's not long but the results they invested can be an inspiration to invest with a large amount in accumulating Bitcoin in the long term this is with accommodation with what they feel even though the first time they did it with a small amount so they failed in gambling but their hope is in what they did some time ago.

I think what your friends do as regards there investment habit as you pointed out above is wrong investment mentality and is quite different from the kind of fairly mistakes Sir JJG pointed out.

Seems like your friends act of investing little money into Bitcoin and then using the other left money for online gambling has become a regular habit and not just a mistake made in ignorance and of which will not spell good for there investment. Of course, people have a choice on how to spend there discretionary, but for an investor who is determined to build up his bitcoin portfolio, they could channel some of those money used for online betting to either an increased DCA buys and/or increased back up funds, instead of wasting it always on online betting. Sure, they can get some fair self treat, but when more attention is given to such habit and your investment given little attention, it will limit the growth of your investment and you may not reach your investment target early enough