I can even imagine a situation in which a person might be using bitcoin to save up for something like a house in a timeline that might be within a 4-10 year timeline, yet I have a hard time appreciating if a person might invest in bitcoin and then buy a house with the bitcoin investment while completely getting out of bitcoin, since housing is likely an inferior investment, to the extent that it can really be referred to as an investment rather than a consumption good... so I image that there can be ways to structure the investment into bitcoin and not completely getting out of bitcoin, even if a large portion of the bitcoin (perhaps half or more) might end up getting sold in order to buy a house (or some kind of residential property).
I strongly agree with you People have different goals for what they want to achieve using bitcoin,some people may be investing in bitcoin to buy a house or car which I am not against but selling off their entire portfolio to buy a landed property and becoming a low coiner or no coiner is is a bad idea. Bitcoin is a long term investment,even if they have reached over accumulation and hold for 4-10 years that is not a good reason why they should stop holding bitcoin. Bitcoin is a life time investment that should be held for all continuity rather been sold to buy a house after holding it for 4-10 years. Even if they must sell their bitcoin to buy a house but they shouldn't selloff their entire bitcoin holding for it.
It is true that a person selling his entire holding is not the right decision. However, if a person wants to invest $5,000 in Bitcoin and in the future I will buy a car or a house with all the money I get from this place, it is completely their personal decision what they will do.
True that they can do whatever they like, but are we talking about investing or trading? If a person gets completely out, it sounds like trading to me.
Sure, it is possible that down the road, some people change their minds about the strength of bitcoin's investment thesis, and they get out of the investment for that reason, yet if we are trying to talk about bitcoin as an investment (which is the topic of this thread), then hopefully we are neither wiffle-waffling about the strength of bitcoin's investment thesis and/or engaging in trading behaviors while acting as if we were investing, when it seems to not be the case.
But maybe a person's decision will change the day he is able to reach the additional savings level. Because if we look at 2016 and if a person buys Bitcoin from that time until now and if he is familiar with every price of Bitcoin, he will never make such a decision. Bitcoin is an asset, whoever considers Bitcoin as money at the moment will be a victim of a lot of regret in the future
Historically, a lot of people have made the mistake of selling too much bitcoin too soon, perhaps partly based on wanting to consume and not having a further out vision, and sometimes with ideas that they were going to buy back cheaper (which ended up not happening). There surely can be ways to mitigate the mistakes by not selling the whole stash, even during periods that there had been a decision to sell some of the stash, and so it can be difficult to know how those kinds of decisions might end up playing out since right now a guy with 15 bitcoin could likely be assured to be able to start to sustainably withdraw $80k per year (forever and ever and with a 7% per year increase in the dollar amount), but if this same guy had started accumulating bitcoin in 2016, yet at some point along the way, he decided to sell half of his bitcoin stash, then he might feel that he does not quite have enough bitcoin (since now maybe he ONLY has around 7.5 BTC), especially if his goal might have had been to be able to sustainably withdraw some kind of an income at the level of $80k per yer.
So there tends to be some need to get to a high enough level of a BTC stash and perhaps even to get a little bit beyond the "high enough" level of a BTC stash in order to have a bit of a financial/psychological cushion in regards to the amount that is wanted to be withdrawn on a regular basis, if a guy might believe that he is at a point (or getting close to the point) that he wants to start to sustainably withdraw from his bitcoin stash, or to live off his bitcoin and/or to substantially supplement some other income that he might have. Sometimes the goals might merely be delayed by a bit of time, and other times, the goals might become completely unreachable based on earlier actions that might have had been either selling too much bitcoin too soon or even sometimes failing/refusing to continue to accumulate bitcoin.
But maybe a person's decision will change the day he is able to reach the additional savings level. Because if we look at 2016 and if a person buys Bitcoin from that time until now and if he is familiar with every price of Bitcoin, he will never make such a decision. Bitcoin is an asset, whoever considers Bitcoin as money at the moment will be a victim of a lot of regret in the future
No one thinks that Bitcoin is money but what people think is only one asset if we are able to collect the number of BTC especially doing it sometimes for 5 or 8 years meaning that if someone knows after about the time in collecting of course they will try to increase the number even more so in my opinion the number of people who consider Bitcoin as money is of course only a few percent and many people say that Bitcoin is a very valuable asset if we know the way to collect it so that someone also has assets for the future.
Get the fuck out of here. There are people who think about bitcoin as money, and there are people who think about bitcoin as store of value. Bitcoin can serve people in a lot of different ways depending on where they are at, and it can even serve multiple purposes at the same time. I recall at various points along the way in my bitcoin investment, people arguing the opposite point, and they still do. People argue that bitcoin is money and that if it cannot be used as a money and for peer to peer transacting, then it loses its overall value. So it seems quite lame to try to proclaim bitcoin to be only one thing and not another thing, even if your own use case and vision might be limited.
Even a person who does not invest into bitcoin could use bitcoin to carry out some kind of a money transfer or money transaction based on considerations that bitcoin might be the better of ways to achieve their transaction/transfer objective.
OP I read your writings. You are writing very well. But you have spent a lot of your time here to write so much. We are grateful to you for sharing your valuable time and knowledge with us. Although it will be difficult for me to remember all your words together. But I will definitely study here occasionally. I have already read the discussions about investment in various places in the forum for several days. I had a question? When you get time, I will be grateful if you can answer my question from your valuable time. The continuity of DCA is often discussed in the threads about investment in the forum. And many people there say that if you continue investing in the DCA method consistently, you can succeed, and if there is no continuity, you will not succeed. How true is this?
For the most part, it is good for you to try to learn by putting ideas into practice, and even with bitcoin there aren't any guarantees that your investment will be successful, since there is both execution risk and there are also risks associated with the underlying asset.
Many of us invest into bitcoin based on a presumption that generally with the passage of time, its price slope is going to continue to trend upwards, so in that regard, if we keep putting money into it, then on average the value that we put in will be greater in the future than the amount that we had put into it, even accounting for the debasement of the dollar (and any other fiat that you might be using to buy bitcoin).
DCA investing does not have to be regular and/or consistent in regards to either the amount or the time interval, so in that regard, you can tailor your investment times and your investment amounts to your own cashflow situation and the availability of funds that you consider to be sufficient enough so that you can put some of that into bitcoin.
One of the great things about DCA is your ability to choose your level of aggressiveness or whimpiness within the amount of your funds as they come available, and of course, many folks, including myself suggest investing into bitcoin as aggressively as you can without overdoing it, yet it is still up to you to decide your level of aggressiveness and also your level of comfort. Even if you invest fairly conservative, it is still likely that over a long enough period of time, as long as you are mostly erring on the side of ongoing accumulation of bitcoin and holding and not trying to trade it, then you are likely going to be better off for having had invested into bitcoin as compared to a situation in which you had not invested into bitcoin..
yet at the same time, if you are considering that you might want to use bitcoin as a way to be able to either quit your work or to greatly reduce your need for work, then there is likely some value in trying to accumulate bitcoin more aggressively rather than less aggressively so that you can build up your bitcoin stash size, yet still, your level of aggressiveness is completely within your abilities to choose how comfortable you are with bitcoin and even how comfortable you are in regards to your own cashflow management. I personally consider that it is not wise to push your aggressiveness unless you have your own cashflow management systems and practices in a good place in the even that you make any mistakes, they you have tend to have enough or more than enough back up funds to cover any errors that you had made and/or any unexpected problematic cashflow situations that you might encounter from time to time, whether decreases in your inc0me and/or increases in your expenses..
Those who do not have a regular source of income, but even if they want to, they will not be able to maintain continuity.
For sure, if you don't have regular income, then you may struggle to assure that you have discretionary funds that would be able to justify your investing into bitcoin, so if you are not sufficiently confident in the availability of discretionary funds, then you should not be buying bitcoin.. since bitcoin investment is also money that you can afford to lose and even with a timeline of 4-10 years or longer.. so sometimes there is some value in figuring out how to increase your income and/or to decrease your expenses.. and yeah, you can ONLY decrease your expenses so much, so the main issue may well be trying to figure out how to get steady source funds coming in through a job.. and yeah, there may be some folks who also might be students, so they do not have a lot of time for earning income, so I am not proclaiming to know the answers.. and yeah there are other people who might struggle to get employment based on their location or their job skills or their experiences, and maybe if they are getting older they might have fewer employment opportunities if they had worked in manual labor kinds of work, yet they do not have sufficient health to be able to continue to carry out the kind of work that they had been doing historically.
In that case, is their investment not reasonable?
Personally, if the do not have sufficient income that they can dedicate to 4-10 years or longer and even investing with money that they can afford to lose, then they should not be putting it into bitcoin.
Along the same lines, if they are using money that they know that they need for their expenses, then they are not investing but instead trading and/or gambling, since they need the money for their expenses and there is no real ability to predict bitcoin price direction in the short term. .and even bitcoin's price direction in the long term is not known in advance, which is another reason to be investing with extra money that you can afford to lose in case the investment goes against you.
People who are young have a lot of potential to increase their income and even to be able to get promotions - but still sometimes they have to work on their skills, get experiences and also sometimes their networking so that they can get placed into higher earning employment... but yeah guys have to figure their abilities to invest into bitcoin within their own income earning realities rather than fantasies about what they do not have in front of them.
Suppose they have a long-term plan but due to lack of regular income, they are not able to maintain continuity of DCA, then is there no point in investing?
There are possibilities to have interruptions in the DCA, so even if new money is not being added, they are still holding onto the bitcoin.
I tend to believe that it is better to figure out ways to continue to add to the bitcoin for 1-2 cycles or more, yet as you suggest, there could be legitimate reasons that guys might have interruptions in their abilities to continue to DCA for periods of time.
As far as I understand, planning long-term investments with our discretionary income can also be successful. Even if there is no consistency, that is, without consistently setting weekly or monthly targets. I will invest as soon as I get the cash. That way, I can reach that point one day. Isn't that right?
Please, anyone who is wrong with my thoughts, correct me.
You are correct. I am not sure about the reason for your disrupted abilities, and you seem to be suggesting that the disruption is due to potentially temporary disruptions to your income, and I also get the sense that you might not have had been investing in bitcoin for very long. Surely, you have ONLY been registered on the forum since November 2025, so perhaps you have not even been buying bitcoin for very long.
It seems to me that the longer that guys are investing into bitcoin, they are also likely simultaneously building up their cashflow management systems/practices, so if they know that they have situations in their future in which their income is irregular (or low and/or their expenses are high), they figure out ways that they can spread out their bitcoin buys, yet surely it could be the case that they end up in long periods of not being able to buy bitcoin based on low income and/or high expense, so from my own perspective it seems good if guys are able to put systems in place so that they can try to buy bitcoin regularly, yet as you say, there may well be situations in which certain guys cannot buy bitcoin for periods of time, and so guys in these kinds of circumstances need to figure out the best ways for themselves and attempting to maintain a balance in life since once any of us has discretionary income, we end up needing to figure out how to spread our discretionary income between: 1) investing, 2) savings (back up funds) and 3) discretionary consumption.
The more discretionary income that we can have coming in, then the more options that we have in terms of dividing it up, so sometimes it can take time to figure out the various ways to increase our discretionary income. There sometimes can be situations where guys might be taking courses or even going through employment training that may result in a promotion (or higher income) down the road.. so they have fairly high confidence that their income situation is going to improve in the future, yet at the same time, they still might be stuck with a shorter term timeline in which they are receiving income from lower paying employment or even lacking in employment based on their own time constraints. The same is true with a college student who considers that his future income is likely to improve, yet in the current times, he still has to work within the parameters of his current income situation that might not give him much if any discretionary income.
