JJG’s Outline of Bitcoin Investment Ideas

[Tongley]

These two months provide an opportunity for everyone to purchase and accumulate the amount they should have when market conditions improve again. Currently the only way we can benefit all parties with saved funds is to continue accumulating BTC by accumulating it while the price still supports buying. This will allow us to profit significantly beyond our expectations when the price is favorable. However if the price increases this is also a result of taking advantage of the opportunity when market conditions are still showing no signs of improvement. As those who still have funds buying is certainly better than holding on to what we already have.

Because the current market condition is at its highest at $72k and that only lasted for a while so it finally fell again below $70k this is based on the graph that we see is always at the number as I mentioned earlier maybe this indicates that we as BTC holders should hold off first to sell only when we hold like that the main thing we must have is another job that can cover our daily needs in holding off from selling some of the assets we currently hold because if we have not found the desired point of course selling in the current position is a pretty wrong decision for those who do.

A real investor may never have time to buy. When an investor sees a market decline, he may consider this decline as a bonus and continue to buy aggressively depending on his financial situation. But an investor will continue to buy Bitcoin at the highest price until he is able to reach his portfolio goal.

This method you mentioned is directly towards trading, investing. For an investor, it is never a big deal whether the price of Bitcoin is favorable or unfavorable. A trader follows the path you show, such as when the market price decreases, they buy and when the market price increases, they sell, we can never call them investors, they are traders. Investing is long-term, for an investor, time or (the price of Bitcoin) never plays a role, in buying

[Nheer]

These two months provide an opportunity for everyone to purchase and accumulate the amount they should have when market conditions improve again. Currently the only way we can benefit all parties with saved funds is to continue accumulating BTC by accumulating it while the price still supports buying. This will allow us to profit significantly beyond our expectations when the price is favorable. However if the price increases this is also a result of taking advantage of the opportunity when market conditions are still showing no signs of improvement. As those who still have funds buying is certainly better than holding on to what we already have.

Because the current market condition is at its highest at $72k and that only lasted for a while so it finally fell again below $70k this is based on the graph that we see is always at the number as I mentioned earlier maybe this indicates that we as BTC holders should hold off first to sell only when we hold like that the main thing we must have is another job that can cover our daily needs in holding off from selling some of the assets we currently hold because if we have not found the desired point of course selling in the current position is a pretty wrong decision for those who do.

Your idea sounds pretty confusing but what you should know is that you don't have to wait till when the price is low to accumulate, there are different strategies and so there are those that accumulate using DCA strategy where investors don't have to wait for the price to drop to buy. Of course when the price drops like this it's an opportunity to stack more Bitcoins at a cheaper price but then with Bitcoin's long term potential one can buy at any price anytime and with DCA you don't have to worry about all this. Also Bitcoin doesn’t stay fixed in one price it fluctuates constantly based on demand and some other factors.

A real investor may never have time to buy. When an investor sees a market decline, he may consider this decline as a bonus and continue to buy aggressively depending on his financial situation. But an investor will continue to buy Bitcoin at the highest price until he is able to reach his portfolio goal.

I think maybe you made a mistake but real investors always have time to buy Bitcoin. They buy with every little opportunity, they buy Bitcoin continuously so they never have time or mindset to sell their Bitcoins prematurely. They are not buying to gain short term profits they are buying to invest for the long term.

[Qhunman]

A real investor may never have time to buy. When an investor sees a market decline, he may consider this decline as a bonus and continue to buy aggressively depending on his financial situation. But an investor will continue to buy Bitcoin at the highest price until he is able to reach his portfolio goal.

This method you mentioned is directly towards trading, investing. For an investor, it is never a big deal whether the price of Bitcoin is favorable or unfavorable. A trader follows the path you show, such as when the market price decreases, they buy and when the market price increases, they sell, we can never call them investors, they are traders. Investing is long-term, for an investor, time or (the price of Bitcoin) never plays a role, in buying

Isn't it time we stop this trading blah blah and stick with the main topic. If we continue neglecting the main topic,we may deviate from bitcoin investment to trading.  However,an investor is expected to set aside a budget to ascertain how much he could afford to invest consistently using his discretionary income. A decline in the market should be seen a good opportunity to stack bitcoin but not by waiting for the dip to start because you might missed lots of buying opportunities. Therefore an investor shouldn't wait for the dip before stacking bitcoin rathe he should be consistent and buy regardless using his discretionary income over the long term.

[Sticky Bomb]

Newbies don't need to have an emergency fund in place prior to getting started.  As long as they have discretionary funds, they can start from where they are at and determine how much to put into bitcoin, and build their back up funds as they go.

Maybe this is the opinion of the master who tells beginners not to need emergency funds but what I need to ask is for example if beginners have prepared emergency funds what can they do by increasing the amount of their Bitcoin investment even though they come as beginners?

If a brand new investor wants to start his bitcoin investment and already has some kind of backup funds on ground, he can focus on buying bitcoin more aggressively. However, it depends on the amount of emergency funds available. If he already has up to three months of his expenses, he should focus on using 70% of his discretionary income to invest into and use 30% for his discretionary consumption.

However, you should know that it's not only an emergency funds that is a backup funds. We have the reserve funds which he can later set up after investing for straight three months.

I presume that 30% of discretionary income into discretionary spending when you've your emergency fund already built to at least 3 months of your expenses budget isn't a very bad idea, but it is a better decision if they put that 30% into building their reserve funds since it is not a must for the investor to exhaust that percentage of his regular discretionary income on discretionary spending only, so they don't necessarily need to wait for three months building out their portfolio before they can begin building their reserve funds, that 30% is enough to start building it alongside their investing into bitcoin, hopefully they can maintain that level of aggressiveness for longer while their reserve funds is still being built and if they have a little emergency before 3 months, they can take it from the small reserve funds kept instead of putting hands in their emergency fund to attend to it right away.

[SilverCryptoBullet]

I presume that 30% of income into discretionary spending when you've your emergency fund already built to at least 3 months of your expenses budget isn't a very bad idea, but it is a better decision if they put that 30% into building their reserve funds since it is not a must for the investor to exhaust that percentage of his regular discretionary income on discretionary spending only, so they don't necessarily need to wait for three months building out their portfolio before they can begin building their reserve funds, that 30% is enough to start building it alongside their investing into bitcoin, hopefully they can maintain that level of aggressiveness for longer while their reserve funds is still being built and if they have a little emergency before 3 months, they can take it from the small reserve funds kept instead of putting hands in their emergency fund to attend to it right away.

30% of your income to investment capital part is good but it can be 30%, lower or higher, it will depend on how much money you need to spend for your life and even your family. Any percent chosen for this investment purpose must give you or any investor very comfortable investment practice while it does not affect their life spending budget and life quality in general.

5%, 10% can be still very good, as investment portfolio building is a very long term practice so if it gives you comfortable accumulation in long term, you will be able to build up very good bitcoin portfolio with time.

Assigning bigger capital percent for investment but affects your spending budget, will make that portfolio very weak and can be damaged by uncontrolled selling need in the future. The bigger percents can look good but practically over time, they can turn to very bad results.

[Merit.s]

30% of your income to investment capital part is good but it can be 30%, lower or higher, it will depend on how much money you need to spend for your life and even your family. Any percent chosen for this investment purpose must give you or any investor very comfortable investment practice while it does not affect their life spending budget and life quality in general.

5%, 10% can be still very good, as investment portfolio building is a very long term practice so if it gives you comfortable accumulation in long term, you will be able to build up very good bitcoin portfolio with time.

Assigning bigger capital percent for investment but affects your spending budget, will make that portfolio very weak and can be damaged by uncontrolled selling need in the future. The bigger percents can look good but practically over time, they can turn to very bad results.

You are to only invest with your discretionary income, anything beyond your discretionary income is gambling. You don't need to invest over aggressively in order to avoid premature sales that will affect the growth of your bitcoin portfolio.

If 30% of your income is your discretionary income, then it's fine to invest with part of it at least half of it. However, if you don't have any form of emergency funds as a brand new investor, it good you divide that 30%of your income that is your discretionary income into three parts. 10% into buying bitcoin with DCA, 10% into your emergency funds and 10% for your discretionary consumption.

[Sticky Bomb]

I presume that 30% of income into discretionary spending when you've your emergency fund already built to at least 3 months of your expenses budget isn't a very bad idea, but it is a better decision if they put that 30% into building their reserve funds since it is not a must for the investor to exhaust that percentage of his regular discretionary income on discretionary spending only, so they don't necessarily need to wait for three months building out their portfolio before they can begin building their reserve funds, that 30% is enough to start building it alongside their investing into bitcoin, hopefully they can maintain that level of aggressiveness for longer while their reserve funds is still being built and if they have a little emergency before 3 months, they can take it from the small reserve funds kept instead of putting hands in their emergency fund to attend to it right away.

30% of your income to investment capital part is good but it can be 30%, lower or higher, it will depend on how much money you need to spend for your life and even your family. Any percent chosen for this investment purpose must give you or any investor very comfortable investment practice while it does not affect their life spending budget and life quality in general.



Assigning bigger capital percent for investment but affects your spending budget, will make that portfolio very weak and can be damaged by uncontrolled selling need in the future. The bigger percents can look good but practically over time, they can turn to very bad results.

I meant discretionary income in the first sentence of my post, if you read my post properly, you would've known it was a typo. Thanks to you, I've corrected it now.

If that 30% is not your discretionary income, then you are not getting it correctly, you don't just declare that a certain percentage of your income up for investment without first considering your expenses, else you are on the wrong practice.

5%, 10% can be still very good, as investment portfolio building is a very long term practice so if it gives you comfortable accumulation in long term, you will be able to build up very good bitcoin portfolio with time.

I can agree to this if the 30% is your discretionary income, what matters more is consistency in your regular buys, building out your backup fund and having a long-term plan. Referencing my earlier scenario which you quoted, if the investor has their emergency fund already built out prior to getting involved in bitcoin, they may choose to split that 30% into two, invest 20% into bitcoin and put back 10% into building out their reserve fund from where they would have their discretionary spending.

[Finebone]

30% of your income to investment capital part is good but it can be 30%, lower or higher, it will depend on how much money you need to spend for your life and even your family.

I don't see this as a great practice because you might easily miscalculate your basic needs, which might compel you to later fall back to your Bitcoin investment, in other to retrieve money that has already been invested, which is very bad, that's why you first need to sort out your basic needs, and anything left, which is now your discretionary income is what you invest with, not by investing 30% of your income before you start taking care of your basic needs.

5%, 10% can be still very good,

Even though it's 1%, it's still not good because you haven't taken proper care of your basic needs first, since they are more of a priority, so you take care of your basic needs first, before investing with what ever that is left.

[Muba20]

A real investor may never have time to buy. When an investor sees a market decline, he may consider this decline as a bonus and continue to buy aggressively depending on his financial situation. But an investor will continue to buy Bitcoin at the highest price until he is able to reach his portfolio goal.

Even if the price of Bitcoin reaches its all time highest level, the investor can invest in Bitcoin, but the investor will have to continue regular long-term investment following the DCA method. In this way, if the price increases or decreases, it will not be a cause of loss for him. And if he only wants to invest in lump sum, he can do that too, but he must maintain long-term investment. But if he can acquire good knowledge about Bitcoin, then the DCA method can play the most helpful role for the investor in his investment. The investor will be able to increase his investment without any comparative risk. The increase or decrease in the price of Bitcoin will not be an obstacle for him, rather he will get the opportunity to purchase Bitcoin according to his ability.

[BlackBaron]

A real investor may never have time to buy. When an investor sees a market decline, he may consider this decline as a bonus and continue to buy aggressively depending on his financial situation. But an investor will continue to buy Bitcoin at the highest price until he is able to reach his portfolio goal.

Even if the price of Bitcoin reaches its all time highest level, the investor can invest in Bitcoin, but the investor will have to continue regular long-term investment following the DCA method. In this way, if the price increases or decreases, it will not be a cause of loss for him. And if he only wants to invest in lump sum, he can do that too, but he must maintain long-term investment. But if he can acquire good knowledge about Bitcoin, then the DCA method can play the most helpful role for the investor in his investment. The investor will be able to increase his investment without any comparative risk. The increase or decrease in the price of Bitcoin will not be an obstacle for him, rather he will get the opportunity to purchase Bitcoin according to his ability.

We might be afraid of buying at a high price or at a price we could have bought at a lower price. With the DCA strategy, our fears are somewhat alleviated because we can accumulate more at a lower price.

By implementing this strategy, we can calmly continue holding Bitcoin, but of course, we must plan to hold it for a long time. I really enjoy investing with the DCA strategy because even though I don't have a large amount of funds, I can continue to make purchases gradually.

[WIYO1]

We might be afraid of buying at a high price or at a price we could have bought at a lower price. With the DCA strategy, our fears are somewhat alleviated because we can accumulate more at a lower price.

Dollaring Cost Averaging (DCA) into Bitcoin is a solution for people that are worried that they are buying Bitcoin at a high price. Buying at a high price can create stress & disappointment, but by utilizing DCA, your purchases are spaced out over time, ultimately easing those feelings. Additionally, if you experience a drop in price, any purchases made during the lower price increase your total holdings and build confidence over time.

By implementing this strategy, we can calmly continue holding Bitcoin, but of course, we must plan to hold it for a long time. I really enjoy investing with the DCA strategy because even though I don't have a large amount of funds, I can continue to make purchases gradually.

You have a good approach. By employing Dollar-Cost Averaging (DCA) with Bitcoin you can be consistent without having a large sum of money available at the start. You’re less stressed; you can think more toward the long term (rather than the short term); and it allows you to gradually increase your position at a steady pace while maintaining a level head during market peaks and valleys.

[ejikeme24]

I presume that 30% of discretionary income into discretionary spending when you've your emergency fund already built to at least 3 months of your expenses budget isn't a very bad idea,[/b]

I think it all depends on the amount of discretionary income a guy is getting either weekly or monthly, because in most cases 30% of our discretionary income into discretionary spending might not even be enough for the things we will want to use it for. But yeah it is not actually a bad idea especially for those who are getting a huge amount of discretionary income either weekly or monthly in that case 30% of their discretionary income into their discretionary spending might be way too much for them since they already have their emergency funds figured out.

but it is a better decision if they put that 30% into building their reserve funds since it is not a must for the investor to exhaust that percentage of his regular discretionary income on discretionary spending only, so they don't necessarily need to wait for three months building out their portfolio before they can begin building their reserve funds, that 30% is enough to start building it alongside their investing into bitcoin, hopefully they can maintain that level of aggressiveness for longer while their reserve funds is still being built and if they have a little emergency before 3 months, they can take it from the small reserve funds kept instead of putting hands in their emergency fund to attend to it right away.

Either way, I think it is not actually a bad idea if a guy chose to put the 30% of their discretionary spending in their reserve funds. and I also think that  there's no difference because guys can still use their reserve funds in place of discretionary spending but to avoid complications it is better we just put the 30% in our reserve funds.

[cyberninja2]

I think it all depends on the amount of discretionary income a guy is getting either weekly or monthly, because in most cases 30% of our discretionary income into discretionary spending might not even be enough for the things we will want to use it for. But yeah it is not actually a bad idea especially for those who are getting a huge amount of discretionary income either weekly or monthly in that case 30% of their discretionary income into their discretionary spending might be way too much for them since they already have their emergency funds figured out.

This means we need to have alternative jobs as a tool to help us financially. If we only have one job this will certainly happen again as you mentioned. Therefore one step that can cover this is simply having another job so we can do it without any problems or issues.

Indeed this is the time when we should have two jobs especially since daily needs may increase slightly. At least with two jobs of course we will have two incomes so we can divide them into categories of what we should do for investment but with something like that of course it makes it very easy for us to do anything and when we spend of course we only do it with the results of alternative jobs to shop for needs whether it is done weekly or even monthly for the expenses we make for needs. Maybe this is a step that we often take to adjust in anticipating expenses.

[alankasman]

Profits shouldn’t be what allows us to keep accumulating bitcoin, if we are just after profits then the investment just looks like trading because as soon as we see the exact profits we are looking for then Instantly we would just leave the market and forget the investment.
 Having strong discipline and mindset for bitcoin investment helps to increase our chances of success especially when one mindset is about aiming for future growth. The more we keep accumulating bitcoin and have long term mindset for it then the higher chances of success we would see even if it isn’t certain but the risk is absolutely worth a big try.

It is true but generally nowadays many people often hold back from buying Bitcoin even though if we look at the current market conditions it may be very feasible to do so for purchases to continue accumulating and if this is done as I said the impact they will feel when they finish accumulating is certainly what they will feel in taking advantage of the current market conditions is profits for the next few months or years and I say that with the aim that those who have stable financial capital do not hold back from buying Bitcoin because this opportunity may not happen again in the future with the current price which is very supportive for someone who has funds or capital stored and that is actually my goal and it is not absolute profits that they should think about but this opportunity will be their opportunity to gain profits later.

[tottong]

It is true but generally nowadays many people often hold back from buying Bitcoin even though if we look at the current market conditions it may be very feasible to do so for purchases to continue accumulating and if this is done as I said the impact they will feel when they finish accumulating is certainly what they will feel in taking advantage of the current market conditions is profits for the next few months or years and I say that with the aim that those who have stable financial capital do not hold back from buying Bitcoin because this opportunity may not happen again in the future with the current price which is very supportive for someone who has funds or capital stored and that is actually my goal and it is not absolute profits that they should think about but this opportunity will be their opportunity to gain profits later.

If the reason for refraining from buying bitcoin is because the price tends to be unstable, then I don't think it's a wise decision because talking about exploiting potential, people can take several steps to accumulate purchases.
If at the current value it is not good to make a purchase then DCA can be applied so that we can consistently average bitcoin purchases without having to think about the price going down or up. This shows people's ability to manage investments because sometimes people feel inappropriate due to a lack of understanding of the opportunities that exist.

This is the time when the price is good enough to accumulate large purchases because the price is lower than the previous ATH and if the investment concept we use uses a long-term method, it is actually very profitable.
Many people adapt and that is why we see different strategies in utilizing investment, but as long as it is profitable, we can do anything based on the analysis we have done so that its implementation can be more measurable.

[ultrloa]

Profits shouldn’t be what allows us to keep accumulating bitcoin, if we are just after profits then the investment just looks like trading because as soon as we see the exact profits we are looking for then Instantly we would just leave the market and forget the investment.
 Having strong discipline and mindset for bitcoin investment helps to increase our chances of success especially when one mindset is about aiming for future growth. The more we keep accumulating bitcoin and have long term mindset for it then the higher chances of success we would see even if it isn’t certain but the risk is absolutely worth a big try.

It is true but generally nowadays many people often hold back from buying Bitcoin even though if we look at the current market conditions it may be very feasible to do so for purchases to continue accumulating and if this is done as I said the impact they will feel when they finish accumulating is certainly what they will feel in taking advantage of the current market conditions is profits for the next few months or years and I say that with the aim that those who have stable financial capital do not hold back from buying Bitcoin because this opportunity may not happen again in the future with the current price which is very supportive for someone who has funds or capital stored and that is actually my goal and it is not absolute profits that they should think about but this opportunity will be their opportunity to gain profits later.

Only those doubtful people doing that and we can't deny that many people are actually doing that at the moment that's why we don't Bitcoin having great runs nowadays. But it doesn't mean at all that its not good to buy Bitcoin, because thinking about not buying now due to some market uncertainties is narrow thinking. Maybe they only care about short term profits that's why they got scared about buying at the moment.

If they are looking at possible good future will came on Bitcoin and think about every dip is good opportunity maybe they won't have that kind of feelings. But for sure those people into long term investment and have strong financial capabilities will continue and will ignore those uncertain situations on the market. Its good to see some people still thinking positive about this situation since again history will provably repeat and those people can hold for long term will always get their rewards in future.

[Joeboy]

But an investor will continue to buy Bitcoin at the highest price until he is able to reach his portfolio goal.

You still don't get it.... Bitcoin has it seasons, there is the Bull market and then there is the Bear Market... And if an investor plan is to accumulate Bitcoin for a long term duration of say 10years, he wouldn't only buy Bitcoin at higher prices which are usually in the Bull market, there would very well be times when he will get Bitcoin at a much more cheaper/lower price(Bear Market)..

Investing is long-term, for an investor, time or (the price of Bitcoin) never plays a role, in buying

Tongley that's not true..Time will always matter in your accumulation/or buying coz the earlier you start, the more advantaged you are in building your portfolio than someone who keep delaying his investment till forever.. And also price will always matter simply coz  it determines how much Bitcoin you are able to get for the same amount of money... My point here is simply that you shouldn't remove time and price from the equation(accumulation), while also ensuring that you aren't controlled/influenced by it either....

[Showlove01]

A real investor may never have time to buy. When an investor sees a market decline, he may consider this decline as a bonus and continue to buy aggressively depending on his financial situation. But an investor will continue to buy Bitcoin at the highest price until he is able to reach his portfolio goal.

Even if the price of Bitcoin reaches its all time highest level, the investor can invest in Bitcoin, but the investor will have to continue regular long-term investment following the DCA method. In this way, if the price increases or decreases, it will not be a cause of loss for him. And if he only wants to invest in lump sum, he can do that too, but he must maintain long-term investment. But if he can acquire good knowledge about Bitcoin, then the DCA method can play the most helpful role for the investor in his investment. The investor will be able to increase his investment without any comparative risk. The increase or decrease in the price of Bitcoin will not be an obstacle for him, rather he will get the opportunity to purchase Bitcoin according to his ability.

We might be afraid of buying at a high price or at a price we could have bought at a lower price. With the DCA strategy, our fears are somewhat alleviated because we can accumulate more at a lower price.

By implementing this strategy, we can calmly continue holding Bitcoin, but of course, we must plan to hold it for a long time. I really enjoy investing with the DCA strategy because even though I don't have a large amount of funds, I can continue to make purchases gradually.

The DCA method doesn't guarantee purchasing at a lower price and it doesn't even matter what price we purchase at, the most important thing is holding for a long term because that is when we can be able to get something reasonable as an outcome and the DCA method doesn't care the market condition, it can be use at any given price of the market and  that is one of the reason I admire it so much and also the fact that anyone can invest provided they have a discrestionary income.

[alankasman]

If the reason for refraining from buying bitcoin is because the price tends to be unstable, then I don't think it's a wise decision because talking about exploiting potential, people can take several steps to accumulate purchases.
If at the current value it is not good to make a purchase then DCA can be applied so that we can consistently average bitcoin purchases without having to think about the price going down or up. This shows people's ability to manage investments because sometimes people feel inappropriate due to a lack of understanding of the opportunities that exist.

And I agree with what you said, because many people sometimes misinterpret or make the wrong decisions. I don't think this would apply to people who consequently prefer to continue with the mindset of continuously taking advantage of favorable market conditions for purchases with the aim of continuing to accumulate without considering market price fluctuations whether they are rising or falling.

Price is not a big problem for those who think about the amount of ownership this indicates that they continue to do it in a very professional way in collecting their future assets maybe for those beginners this can be an obstacle or they are afraid of the increasingly drastic price decline so they think that regardless of what they do on the purchase they certainly think it will not immediately return to profit quickly so this makes their thoughts which I think are ineffective in doing DCA on Bitcoin purchases when they are at the current price.

[adultcrypto]

The DCA method doesn't guarantee purchasing at a lower price and it doesn't even matter what price we purchase at, the most important thing is holding for a long term because that is when we can be able to get something reasonable as an outcome and the DCA method doesn't care the market condition, it can be use at any given price of the market and  that is one of the reason I admire it so much and also the fact that anyone can invest provided they have a discrestionary income.

The right thing to note about the DCA method is that price is not a factor because it is more concerned with buying bitcoin at amount considered small compared to the entire purchasing budget, and this being done regularly. The essence of the DCA method is to make the buying process easy and stress free such that the investor can purchase bitcoin without any single financial pressure on him. Even though the DCA method is not only for low income earners, the find it particularly helpful because it has helped them to be able to invest in bitcoin building gradually until they achieve something magnificent.