JJG’s Outline of Bitcoin Investment Ideas

[Loyang]

The longer the Bitcoin investment, the more profitable the investor will be. Because the price of Bitcoin has been corrected and has fallen sharply at the moment, those who participate in Bitcoin investment by maintaining the continuity of purchase will play the only good role. It is very easy to invest in Bitcoin by following the DCA method, and it also becomes much easier for him to maintain Bitcoin investment for a long time. If you are prudent, it is very easy to move forward with Bitcoin investment and focus on being successful.

Investment is not risk-free. Just like every investment, there is risk in Bitcoin investment. Just because you have invested does not mean that you will profit from investing. The Bitcoin market is very volatile, no one can say what will happen in the market. So we can never say that we will profit from investing in Bitcoin. But yes, seeing the demand for Bitcoin and the way the whole world is recognizing Bitcoin at present, we can assume that the price of Bitcoin can increase a lot.

The DCA method is really a very good investment method. However, we have to find discretionary income through proper financial management and invest. Many people cannot manage their financial situation properly. They face a very big problem after investing.

[BitBakerr1]

Yes but all hands must be on deck I mean someone should be busy with their accumulation while holding for the long term because if someone is not busy with his or her accumulation no matter how long they will hold Bitcoin the profit will amount to nothing even though Bitcoin surge high so the only way they can get something reasonable is to continue accumulating and holding for the long term so that if Bitcoin price surge in that long period of time they will have something to be happy about.

The truth is that, their is no need making it looks complicating with your narration on being busy with your accumulation. A Bitcoin investor just have to accumulate a reasonable stash of Bitcoin over the years, by buying weekly or monthly on a consistent basis, so that he will possesses a reasonable stash of Bitcoin, because the size of your stash of Bitcoin is what's going to determine how profitable and successful you might be tomorrow when Bitcoin has surge to a million dollars or more in the future, so being focused on how to accumulate and increase the size of our stash should be our priority now, so that we wouldn't miss out on making a fortune from it later in the future.

Yeah and the way to go is by accumulating weekly using the DCA strategy, no matter the amount you are using to accumulate, what will determine the amount of bitcoin you have in your wallet is how many years you are consistently accumulating, yes the amount of money you use to accumulate is very important because the higher the account used and the longer the year the bigger the bitcoin in your wallet, but don’t but your self in any kind of pressure or financial disaster by using more than your discretionary income to accumulate bitcoin. We all want to accumulate good amount of bitcoin but if we don’t do it right we can never succeed in our Bitcoin investment because we will end up dipping hands into our Bitcoin investment always.

[Joeboy]

The longer the Bitcoin investment, the more profitable the investor will be. Because the price of Bitcoin has been corrected and has fallen sharply at the moment, those who participate in Bitcoin investment by maintaining the continuity of purchase will play the only good role. It is very easy to invest in Bitcoin by following the DCA method, and it also becomes much easier for him to maintain Bitcoin investment for a long time. If you are prudent, it is very easy to move forward with Bitcoin investment and focus on being successful.

Investment is not risk-free. Just like every investment, there is risk in Bitcoin investment. Just because you have invested does not mean that you will profit from investing. The Bitcoin market is very volatile, no one can say what will happen in the market. So we can never say that we will profit from investing in Bitcoin. But yes, seeing the demand for Bitcoin and the way the whole world is recognizing Bitcoin at present, we can assume that the price of Bitcoin can increase a lot.

The DCA method is really a very good investment method. However, we have to find discretionary income through proper financial management and invest. Many people cannot manage their financial situation properly. They face a very big problem after investing.

Loyang you definitely have a point considering how volatile the price of Bitcoin tends to be, but yet I seem to agree more with Popkon6 point.... Sure profit may not always be guaranteed, but folks tend to put themselves in a much more better position if they readily commit themselves to a long term timeframe of probably 10years, rather than chasing after short term results (less than 4years)... And then appllying DCA tend to make it much more easier for folks to get committed to a longer timeline since it very well give folks the opportunity to keep buying without having to bother themselves with timing the market...

[JayJuanGee]

Secondly,  as a newbie to Bitcoin you don't have to be aggressive from the start, invest within your capacity and little by little you would reach your accumulating target.  investing aggressively outside your discretionary income could get you stuck, especially when the market price drops.  So The safe approach is by investing the money that is made available consistently, till you figure out how to increase your discretionary income.

As a new investor, it is better not to take the risk of aggressive investment, but if he manages his investment activities normally, especially by regularly depositing Bitcoin through DCA, then he will be able to build a large portfolio in the long term. Since there are constant ups and downs in the market, those who invest regularly will definitely get good opportunities. If they invest a little more as an opportunity rather than panicking about the fall of Bitcoin from time to time, then they will definitely benefit from the investment. If an investor creates a separate fund along with his regular investment, then if there is a big fall in the market, then at that time he can use that money to invest. However, it should be remembered that such purchases should never be made with his emergency fund money. It is better to use the emergency fund only for urgent needs.

The longer the Bitcoin investment, the more profitable the investor will be. Because the price of Bitcoin has been corrected and has fallen sharply at the moment, those who participate in Bitcoin investment by maintaining the continuity of purchase will play the only good role. It is very easy to invest in Bitcoin by following the DCA method, and it also becomes much easier for him to maintain Bitcoin investment for a long time. If you are prudent, it is very easy to move forward with Bitcoin investment and focus on being successful.

In my opinion, it is most effective for new or ordinary investors to follow a similar investment strategy in terms of necessary investments. Because it has less risk and the investment works according to the investor's strategy. For example: New/low capital investors should not make aggressive investments, no matter how much the market seems to be dipping. But if you divide the investment into three parts in advance, i.e. the money to start investing, backup fund (money to increase investment as needed) and emergency fund. Keeping these in hand, if the market dips by 20%-30% after starting the investment, then it is not wrong to see it as a dip buying opportunity. However, prolonging it according to the DCA plan is the right decision for all investors.

Your description of how to think about aggressive investing comes off in a confusing way.  Your general idea that less aggressiveness from the start is a good one, yet the idea of being less aggressive is not about whether or not we are poor but instead how much we choose to use for our investment within the discretionary income that we have available.  Of course, if someone is more poor, then it is less likely that he has discretionary funds, yet as soon as someone has discretionary funds, they can choose how much to invest versus putting into back up funds and/or discretionarily consuming.

The other matter related to changing aggressiveness based on dips seems like a bad idea to me, especially for newbies, and especially if we are gravitating towards thinking about bitcoin as an investment rather than trying to trade and/or gamble with it, and if we are investing, then likely our timeline would be 4-10 years or longer.

[edited out]

The longer the Bitcoin investment, the more profitable the investor will be. Because the price of Bitcoin has been corrected and has fallen sharply at the moment, those who participate in Bitcoin investment by maintaining the continuity of purchase will play the only good role. It is very easy to invest in Bitcoin by following the DCA method, and it also becomes much easier for him to maintain Bitcoin investment for a long time. If you are prudent, it is very easy to move forward with Bitcoin investment and focus on being successful.

Yes but all hands must be on deck I mean someone should be busy with their accumulation while holding for the long term because if someone is not busy with his or her accumulation no matter how long they will hold Bitcoin the profit will amount to nothing even though Bitcoin surge high so the only way they can get something reasonable is to continue accumulating and holding for the long term so that if Bitcoin price surge in that long period of time they will have something to be happy about.

I, also, have difficulties relating to so many folks who think about bitcoin in a way that is putting in a lump sum and then just sitting on the investment for many years, rather than a more active strategy that involves ongoingly adding to the investment.  It seems to me that so many folks get worked up about their level of profits (in terms of percentage) rather than a more meaningful measurement that involves how many units (satoshis) that they have accumulated.   And, for so many people it is not even practical and/or reasonable for them to invest in a lump sum, so they end up creating another error of presuming that they have to save up in cash prior to injecting their investment amount into bitcoin at an optimal time... which yeah, brings us back to the more practical approach of actively and ongoingly building up the bitcoin investment through time, aka DCAing into it.. so then at some point if the BTC prices goes shooting up, we have already spent a lot of time establishing our number of units (satoshis) at prices that are on average much lower than the price that the BTC ends up shooting up to.  Of course, the shooting up is not guaranteed, so we invest according to our recognition that the shooting up is not guaranteed.

[Itz-prisigold]

Investment is not risk-free. Just like every investment, there is risk in Bitcoin investment. Just because you have invested does not mean that you will profit from investing. The Bitcoin market is very volatile, no one can say what will happen in the market. So we can never say that we will profit from investing in Bitcoin. But yes, seeing the demand for Bitcoin and the way the whole world is recognizing Bitcoin at present, we can assume that the price of Bitcoin can increase a lot.

The DCA method is really a very good investment method. However, we have to find discretionary income through proper financial management and invest. Many people cannot manage their financial situation properly. They face a very big problem after investing.

Yes, there is truth in what you said every investment truly carries risk and Bitcoin is volatile. However,  I think it is also important to differentiate between short term speculation and long term accumulation. Most of all of these risks you keep referring to only applies to people who are trying to make quick profit from price movements.

For those that approach Bitcoin with a long term mindset,  the situation will definitely look different. Historically,  people that consistently accumulate Bitcoin and hold it for several years have been rewarded very heavily, most especially when they avoid emotional decisions during when the market is volatile. That is why a lot of people prefer strategies like gradual accumulation and stick to long term,  rather than trying to guess short term predictions.

That is why I always say discretionary income is an important factor when it comes to Bitcoin investment. When an investor is able to stick to investing only money that is not needed for everyday survival,  they will not face any financial pressure that will force them to sell during market downturns.  This allows you to stay patient and maintain long term strategy.

Short term outcomes are unpredictable,  a disciplined approach with long term accumulation and proper financial management can help an investor gain the chance of  benefiting from Bitcoin long term growth.

[PERtua]

Investment is not risk-free. Just like every investment, there is risk in Bitcoin investment. Just because you have invested does not mean that you will profit from investing. The Bitcoin market is very volatile, no one can say what will happen in the market. So we can never say that we will profit from investing in Bitcoin. But yes, seeing the demand for Bitcoin and the way the whole world is recognizing Bitcoin at present, we can assume that the price of Bitcoin can increase a lot.

The DCA method is really a very good investment method. However, we have to find discretionary income through proper financial management and invest. Many people cannot manage their financial situation properly. They face a very big problem after investing.

Yes, there is truth in what you said every investment truly carries risk and Bitcoin is volatile. However,  I think it is also important to differentiate between short term speculation and long term accumulation. Most of all of these risks you keep referring to only applies to people who are trying to make quick profit from price movements.

For those that approach Bitcoin with a long term mindset,  the situation will definitely look different. Historically,  people that consistently accumulate Bitcoin and hold it for several years have been rewarded very heavily, most especially when they avoid emotional decisions during when the market is volatile. That is why a lot of people prefer strategies like gradual accumulation and stick to long term,  rather than trying to guess short term predictions.

That is why I always say discretionary income is an important factor when it comes to Bitcoin investment. When an investor is able to stick to investing only money that is not needed for everyday survival,  they will not face any financial pressure that will force them to sell during market downturns.  This allows you to stay patient and maintain long term strategy.

Short term outcomes are unpredictable,  a disciplined approach with long term accumulation and proper financial management can help an investor gain the chance of  benefiting from Bitcoin long term growth.

You both made fair arguments regarding the investment in Bitcoin. The fact is that any investment is risky, and Bitcoin may pose issues to individuals who invest without financial calculations. That is why it is important to know whether it is short-term speculation or long-term accumulation. Most of the risks that people panic about impact inconvenience on those venturing to gain quick money through changes in prices. Long term accumulators tend to perform better because they are not in a hurry but wait until the market trends become favorable. I also concur with the fact that discretionary income is necessary. Saving money that is not required to meet daily needs will save money and alleviate the feeling of panic selling when markets are down as well as spending money on saving instead of spending it on panic selling.

[JayJuanGee]

[edited out]

[edited out]

You both made fair arguments regarding the investment in Bitcoin. The fact is that any investment is risky, and Bitcoin may pose issues to individuals who invest without financial calculations. That is why it is important to know whether it is short-term speculation or long-term accumulation. Most of the risks that people panic about impact inconvenience on those venturing to gain quick money through changes in prices. Long term accumulators tend to perform better because they are not in a hurry but wait until the market trends become favorable. I also concur with the fact that discretionary income is necessary. Saving money that is not required to meet daily needs will save money and alleviate the feeling of panic selling when markets are down as well as spending money on saving instead of spending it on panic selling.

If you attempted to read any of my bitcoin investment ideas contained within this thread, which is the topic of this thread, then you may well recognize and appreciate that I consider bitcoin to be a life long investment rather than something that any of us should be getting into with an intention of getting out quickly - absent some suprise situation that might end up forcing us to have to get out of our bitcoin (such as an age or health related situation that we might not have had foreseen at the beginning of our bitcoin investment).

I consider it to be a bad idea to try to trade bitcoin or even to play bitcoin for less than 10 years or more, unless there might be some guys who come to bitcoin and know that they only have a 4-10 year timeline due to age and/or health considerations.

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).

My point in bringing this up relates to how to emphasize bitcoin as an investment rather than a trade, so I suppose in that respect I am fairly critical of guys who might blow their whole BTC stash in order to get into something like residential property or some other inferior place to put money and end up a low coiner or no coiner due to such choices when they likely could have had avoided such low coiner and/or no coiner status if they had planned their finances better (even accepting the idea that in the end guys can do whatever they like, even though I would still be judging them for doing dumb stuff if they end up a low coiner or a no coiner due to any voluntary reason(s) other than age and/or health considerations.

[Cossyblack]

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.

[Gost ms]

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.

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

[alankasman]

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.

[Venux]

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?
Those who do not have a regular source of income, but even if they want to, they will not be able to maintain continuity. In that case, is their investment not reasonable? 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?
 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.

[Charcol]

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?
Those who do not have a regular source of income, but even if they want to, they will not be able to maintain continuity. In that case, is their investment not reasonable? 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?
 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.

See, the main strength of the DCA method is consistency and in this method we can average out the market fluctuations. And investing regularly at the same time reduces the pressure of emotion or market timing. And that is why many investors find the consistency of DCA effective in the long term. But this does not mean that our investments will be worthless if there is no regular income. Many people here do not have a fixed weekly or monthly income, but they invest only when they get extra cash. The important thing in the long term is whether we can actually accumulate wealth gradually? And whether we can stay in the market for a long time?
Therefore, the consistency of DCA is certainly a good strategy, but when we get extra cash or discretionary income, it can still be reasonable to invest according to a long-term plan, if the decision is made considering the risks and financial situation.

Again, if we want, we can divide the irregular income into weekly or monthly investments. This will maintain consistency and regular income will not be required. All that is needed is discretionary income and an understanding of our own financial situation.

[JayJuanGee]

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.

[Sim_card]

OThe 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?
Those who do not have a regular source of income, but even if they want to, they will not be able to maintain continuity. In that case, is their investment not reasonable? 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?
 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.

Firstly, a low coiner is better than a no coiner. If you don't have a regular discretionary income, it doesn't mean that you cannot invest into bitcoin. You will buy whenever, you have your extra cash even though, it's once in a while and hodli without thinking of selling.

When you have started your bitcoin investment, you can look for various ways to get an additional income to boost up your total income. From your new income, you will have a discretionary income which you can use to DCA regularly weekly, consistently and persistently if possible aggressively overtime.

It's not that you wouldn't succeed in your bitcoin investment if you don't have a regular discretionary income, you will but it will be a small quantity of bitcoin that you will accumulate in the long run which is why keeping your bitcoin accumulation ongoingly is the best to increase your stash in future.

[Baki202]

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.

They definitely want to use the profit for something and the main reason they invest is for them to make money from there capital because I don't see why I would invest if I don't have anything in mind, and if there portfolio selling it to get a land is not even a bad idea at all because land is also an asset. So what ever the case might be if you are using the money for something else then it should not be a problem because most people will sell because they want to spend money and that is not how it is suppose to be so there chances to be part of something great and from the beginning we should know that bitcoin it's a long time investment so it is not something you will invest and you that making money you have to wait.

[Venux]

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?
Those who do not have a regular source of income, but even if they want to, they will not be able to maintain continuity. In that case, is their investment not reasonable? 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?
 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.

See, the main strength of the DCA method is consistency and in this method we can average out the market fluctuations. And investing regularly at the same time reduces the pressure of emotion or market timing. And that is why many investors find the consistency of DCA effective in the long term. But this does not mean that our investments will be worthless if there is no regular income. Many people here do not have a fixed weekly or monthly income, but they invest only when they get extra cash. The important thing in the long term is whether we can actually accumulate wealth gradually? And whether we can stay in the market for a long time?
Therefore, the consistency of DCA is certainly a good strategy, but when we get extra cash or discretionary income, it can still be reasonable to invest according to a long-term plan, if the decision is made considering the risks and financial situation.

Again, if we want, we can divide the irregular income into weekly or monthly investments. This will maintain consistency and regular income will not be required. All that is needed is discretionary income and an understanding of our own financial situation.

I wanted to know this. So my thoughts are not entirely wrong.

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).

This is a true statement. Personally, at least I also worry that my future savings should not be transformed into a terrible loss like inflation. I think no one would want the value of their hard-earned money to decrease day by day.



I read your entire words. You wrote in one place

The more discretionary income that we can have coming in, then the more options that we have in terms of dividing it up

However, discretionary income will come only when we have sufficient money coming in from our main source of income and less expenditure. But in reality, don't you find it quite difficult for everyone to suddenly increase their income under normal circumstances?
Although some people may get promoted, it will take a long time for everyone to get promoted.
But under normal circumstances, the savings that have been made so far will be the same. More than that may not be possible for everyone.

[JayJuanGee]

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).

This is a true statement. Personally, at least I also worry that my future savings should not be transformed into a terrible loss like inflation. I think no one would want the value of their hard-earned money to decrease day by day.

Based on monetary policies of all governments and the kind of trap that they have placed themselves into based on the way that debt has been so crazily issued is that their only solution is to ongoingly debase the dollar (and other fiat) based on ongoing printing of it.  they don't have to get permission to engage in such printing and such printing keeps the system going rather than crashing.... so when such printing ongoingly takes place, the already existing money supply is debased.. so our fiat is guaranteed to ongoingly lose value, and surely some currencies debase in value faster than others, which is part of the reason that so many normies flock to the USD because its value is debasing slower than the value other currencies (mostly)... so yeah, bitcoin remains way stronger than any other currency and even any other asset class, even though there are also attempts to paperize bitcoin, which is also part of the rationale to take large portions of your bitcoin into self custody...and if you are fairly new to bitcoin, and maybe if you are buying bitcoin in small quantities, such as $100 per week or $10 per week or even some other amount, you might keep some of your coins custodied with a third party, and then when it reaches a certain amount, such as $500 or perhaps some smaller amount, then you would move it to self custody... so then maybe at some point you learn about self custody wallets and figure out which open source wallet(s) to keep your coins.

I read your entire words. You wrote in one place

The more discretionary income that we can have coming in, then the more options that we have in terms of dividing it up

However, discretionary income will come only when we have sufficient money coming in from our main source of income and less expenditure.

That is why you can increase your discretionary income by increasing your income and/or by cutting your expenses, and so yeah, you can ONLY cut your expenses so much.. so then there can be quite a bit of value in being able to have some ways to earn money and even to increase your income.

But in reality, don't you find it quite difficult for everyone to suddenly increase their income under normal circumstances?

Perhaps it depends on your age and/or your location to some extent in regards to the extent you might train in certain areas that have potential for higher pay.  I know a lot of people have been recently concerned about AI taking jobs, and younger people can try to figure out skills and/or job areas that have higher likelihoods of success.. I am no longer in that situation, even though I have gone through it, and surely times are always changing in terms of figuring out areas of employment - and surely if a person is in their 40s or 50s, they may well have difficulties to change the kind of work that they do as compared with people in their 20s and/or 30s, and even sometimes guys in their 30s will get locked into certain kinds of work. .and maybe they could question the extent to which they might need to learn new skills to increase their employment possibilities.

Of course there are various kinds of online income, and even I had participated in Signature campaigns for a couple of years, but I personally discontinued participating in signature campaigns because I felt that it was not good for my own situation... and I didn't really want to be bothered.

Although some people may get promoted, it will take a long time for everyone to get promoted.

Sometimes better qualified people do not get promoted, and so there are a lot of injustices in the world.

i am not even proclaiming that I had good luck with aspects of  my employment, even though there are a variety of ways that I was able to increase my income and to invest nearly 20 years prior to my coming to bitcoin in 2013.. so surely when we are going through the process of earning a living and making our choices regarding how much to invest versus spend, sometimes we might not even realize various aspects of luck that might be involved in terms of gaining certain kinds of employment that allows for the ability to invest.

But under normal circumstances, the savings that have been made so far will be the same. More than that may not be possible for everyone.

There are surely jobs that pay way more than other jobs, and some folks consider that these days it is not worth it to go to college, and I am not really sure, since I would have never landed as great of jobs as I was able to get if I had not gone to college... so in my own situation, i had some periods in which I did voluntary work to get experience, and some of my voluntary kinds of work ended up leading me to getting paid position s that I would have had never been able to get through my own resources or the connection so fmy family (which truly were lacking). ..and Even through college I was able to specialize and to get into certain kinds of internships that were sponsored by the college, so then that helped me to get placed in better paying jobs later down the road..

...and surely I even had some earlier periods of rejection along the way too, and some not so great jobs, even though I tried to do work that was somewhat related to goals that I had in regards to certain industries (and some target jobs) that I was interested in doing, and even I had some disputes along the way and some of my bosses did not  even like me, but there were strokes of luck at various points along the way too...and so the ways that guys stay focused can be different based on your talents or based on people you might already know or various ways that you might see yourself to potentially be able to get into higher paying jobs... and surely these days using AI might be one of the areas that a person might be able to fit talents into jobs that might be available now or at some point in the future..

Since we are in a bitcoin forum, there surely are some guys who may be interested in pursuing work that relates to bitcoin, and surely aspects of your own situation might help to inform you if there could be ways that you might try to get some jobs that are related to bitcoin, even though some guys get into shitcoins, and personally, i would not encourage those kinds of avenues....even though some guys will end up selling themselves out based on whoever is offering them money, and those are also personal choices in terms of how to balance your areas of interest and any ways that you also might have interest in preserving your integrity... so sometimes if you end up going on a job interview or having a job interview over some video remote, there are needs to be able to both talk about your areas of interest, but also show experiences that any potential empllyer might consider paying you to carry out certain kinds of duties and/or tasks.

[Borbb]

Level of aggressiveness is measured based on discretionary income - not regular income.  Do you need an example?  Or maybe you need to explain why we would use regular income to figure out our level of aggressiveness?

This is quite true because both of these terms have their own meanings. Acting aggressively means using only the income we have freely. For someone to act in such a way is certainly a free way in terms of doing it in any way or at any time without disturbing their savings. Using these savings would certainly be a significant mistake for someone because these funds are not free funds that we can solely use. Savings are only used when we are in difficult times that befall us with various problems so the mechanism for using them is certainly different.

The saved funds are our assets that we already have so when someone wants to invest aggressively of course they do it with discretionary income meaning free funds without any ownership so their goal in doing it in a very aggressive way is to add to the number of assets they must have in the future so for them why they often do it using discretionary funds because these funds are for them to make as their capital in investing only to add to the saved funds because as I said above are saved funds as their assets for someone's future in achieving results with the aim of continuing to add to their assets even though they do it in the long term but what they want is the results of the investment that makes them increasingly add to the assets which are of course in ownership.

Perfectly said I don't think is a good idea to use your salary or life savings to invest in Bitcoin that is at owners risk even if you have other sources of income but you should at least know the limit and make sure it must be discretionary funds you can make use of it you don't have any problems at all, starting up with you can afford no regrets these method will keep you going with your discretionary income you can be able to invest in long-term.

[abaeze]

Your description of how to think about aggressive investing comes off in a confusing way.  Your general idea that less aggressiveness from the start is a good one, yet the idea of being less aggressive is not about whether or not we are poor but instead how much we choose to use for our investment within the discretionary income that we have available.  Of course, if someone is more poor, then it is less likely that he has discretionary funds, yet as soon as someone has discretionary funds, they can choose how much to invest versus putting into back up funds and/or discretionarily consuming.

The other matter related to changing aggressiveness based on dips seems like a bad idea to me, especially for newbies, and especially if we are gravitating towards thinking about bitcoin as an investment rather than trying to trade and/or gamble with it, and if we are investing, then likely our timeline would be 4-10 years or longer.

You are absolutely right that aggressiveness does not depend on whether someone is poor or rich rather it depends on discretionary income. However, if someone uses the money that remains after covering their essential living expenses to buy the dip (i.e. when the price drops by 20–30%) it is not necessarily a wrong decision.
The problem arises when new investors start investing aggressively without properly understanding the market because in that case the chances of loss become much higher.

Let's clarify this further with an example.
Suppose a rich person invests $500 per week from their discretionary income and a common person invests $200 a month. But none of us know who is more aggressive here because no one knows how much their discretionary income per week/month. It may be that the person investing $200 has a total discretionary income of $200, while the person investing $500 has a total discretionary income of $800. So in this case, the ordinary person is more aggressive than the wealthy person.
Therefore, for new/ordinary/rich investors, trying to buy the dip with their discretionary income for the long term (4–10 years) is not necessarily risky rather it can help increase accumulation faster.

[laspol65]

Level of aggressiveness is measured based on discretionary income - not regular income.  Do you need an example?  Or maybe you need to explain why we would use regular income to figure out our level of aggressiveness?

This is quite true because both of these terms have their own meanings. Acting aggressively means using only the income we have freely. For someone to act in such a way is certainly a free way in terms of doing it in any way or at any time without disturbing their savings. Using these savings would certainly be a significant mistake for someone because these funds are not free funds that we can solely use. Savings are only used when we are in difficult times that befall us with various problems so the mechanism for using them is certainly different.

The saved funds are our assets that we already have so when someone wants to invest aggressively of course they do it with discretionary income meaning free funds without any ownership so their goal in doing it in a very aggressive way is to add to the number of assets they must have in the future so for them why they often do it using discretionary funds because these funds are for them to make as their capital in investing only to add to the saved funds because as I said above are saved funds as their assets for someone's future in achieving results with the aim of continuing to add to their assets even though they do it in the long term but what they want is the results of the investment that makes them increasingly add to the assets which are of course in ownership.

Perfectly said I don't think is a good idea to use your salary or life savings to invest in Bitcoin that is at owners risk even if you have other sources of income but you should at least know the limit and make sure it must be discretionary funds you can make use of it you don't have any problems at all, starting up with you can afford no regrets these method will keep you going with your discretionary income you can be able to invest in long-term.

Long-term Bitcoin investment is certainly acceptable, because there is no alternative. However, a person can use 20% to 30% or 10% to 20% of his main source of income, according to his ability, to save Bitcoin in the future and to follow the DCA method. Because a Bitcoin investor will invest Bitcoin for the future, Bitcoin investment is best for him by following the DCA method and maintaining the continuity of Bitcoin purchases.
Because the longer the Bitcoin investment, the more likely it is to be profitable and the more stable the price of Bitcoin will increase.