JJG’s Outline of Bitcoin Investment Ideas

[EL MOHA]

If you are only interested in profit, you will end up losing money, thinking about profit will not lead you to success, it can only make you to buy if the market is going up, you will always try to outsmart the market to take advantage, and im sure that whenever the market goes down you will feel disappointed, our goal should not be on profit as we all know that bitcoin involves risks, the price can go up and down any time.

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.

For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

[batang_bitcoin]

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

I agree, long term investing is setting ourselves from the belief that this is the better way of dealing with the market. Continue with the DCA at any price and just wait until how long you'd be able to recoup or get the ROI. But that only will come if ever you decide to sell. I guess that most of us don't have plans of selling specially looking at the market conditions now. The look is so better which even makes us want to hold more and buy more. Others are missing the whole point of waiting for the dip when everyone is hustling at any price trying to get as much as they can while the supply last.

[Joeboy]

~snip

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.

For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

Everyone is entitled to whatever decision they feel comfortable with, but yet again I don't think it would be a good idea when folks investment is majorly driven by the desire for achieving a profit target especially one that is price based.. And the reason for that is coz prioritizing profit could very well make one to slowly drift into trying to time to market(trading).. And once that begin to happen, don't be surprised that it may even be accompanied by the desire of waiting for specific price drop before making your buys... And since the price dosen't move the way we even expect, one may end up holding back from consistently accumulating all because he aims to achieve a fixed profit target he set for himself... And so it would be much more better that folks just place their focus on how they can continuously accumulate and increase their Bitcoin portfolio until they reach over-accumulation.... And when that is achieved they can now begin talking about profit...

[Mandoy]

Those who already have more Bitcoin from past purchases will naturally also have a plan to take profits at the current price, even if they don't sell it all at once.

An investor that's still in his accumulation stage shouldn't think of taking profits because his bitcoin portfolio is already in profit because if you do that, it will depreciate your bitcoin stash. Profit shouldn't be the main focus but accumulating bitcoin consistently overtime till you reach your bitcoin target.

Selling part of your bitcoin should be done when you have reached your over accumulation stage and you don't just sell it all but use the sustainable withdrawal method that will always put your bitcoin portfolio in profits as you continue hodli.

If you start selling because of profit before you know it, you will lose focus in your bitcoin long-term accumulation plan and become a trader, only if you are a trader because some traders think that they're long-term investors. You should avoid anything that will lead you to sell too soon. If you sell what will you use the money for.

We understand the fact that no one can invest his money were he can't make profit at of it, it is very nice in wishing yourself to be profitable in Bitcoin investments, i think it is a bad idea of discussion on profits making of our earliest journey of investing, investing with DCA strategy do take a long term, for that reason, is better to be looking more in buying and accumulating small small, as long as you getting your discretionary income.

People invest in every field only to make a profit, but we must not forget the fact that we are never guaranteed success in anything, and this uncertainty is the real risk, and this risk we have to accept by doing our research so that we can survive in any situation. as in Bitcoin investment, profit is not guaranteed, we have to make a decision to invest consistently based on the possibility, only those who can take this possibility seriously and realistically they can survive in the long term, at the same time we must not take this uncertain profit for granted, that is, it is not like this that you will achieve success by just investing in Bitcoin, and you have to understand this. After understanding everything realistically, we have to decide to invest, unrealistic plans can only bring disappointment.

It is not everyone that is accumulating and holding bitcoin is doing so because they want to make profit. There are people that are accumulating and holding bitcoin because it has proven to be a good store of value. Therefore, instead of profits they are investing to retain value or wealth. Also bitcoin act as hedge against inflation this could also be one of the possible reasons why some people maybe accumulating and holding bitcoin instead of fiat and not to make profit.

I also think it's more important to accumulate Bitcoin for the long term rather than taking profits too early. First-time investors get easily excited with small gains and over-sell too early, thereby limiting their future returns. DCA allows investors to be disciplined and not make impulsive decisions in the volatility of the market. Making a profit is crucial but Bitcoin is also a great store of value and an inflation hedge. Setting goals and expectations keeps investors focused and helps avoid mistakes. preserve their investments. and avoid converting long term investment to short term trading.

[alankasman]

How is "why they do it" part of this topic?  And, why does it matter to the choices that any of us are making whether or not to invest into bitcoin and how aggressively to do it and then perhaps thereafter how to manage our bitcoin and other aspects of our cashflows?

That's what sometimes makes us wonder about what people do even though they know it but they still use or do it. So I'm more interested in clarifying the opinions of everyone involved in this forum. Is someone doing it this way because they have a goal of managing cash flow or other aspects sometimes because they've been using such aggressive methods for a long time?

Likely there is asymmetric information in regards to the value of bitcoin and/or the value of investing into it... so if we know about bitcoin, then we may well decide to start to invest into it, yet we may or may not be sure about bitcoin, and start to invest into bitcoin and learn about bitcoin and cashflow management as we go. We don't necessarily need to know a lot about bitcoin to get started, even though it seems that, unless we are of the gambling type, we likely would not be inclined to increase (or perhaps to maximize?) our level of aggressiveness in investing into bitcoin until we reach a certain level of comfort that we consider to be acceptable.

I think we don't need to understand Bitcoin too deeply this is why because it could hinder someone from starting Bitcoin investment but it is also necessary to learn however the thing about knowing more deeply will certainly be obtained by the person when the position is already involved in it regardless of what we have done and if not involved just delving into it without doing of course this is one way that can delay someone's desire to invest in Bitcoin especially when without thinking about things that are not in accordance with what is thought of course this is one of the quite emotional mistakes that will be felt/experienced by those who delay in investing in Bitcoin especially before they certainly have prepared all sides both mentally or also their capital who are very ready to invest but sometimes hit by delays which means too deep into the knowledge of Bitcoin investment which ultimately has capital in managing cash flow is constrained by not continuing or not immediately doing Bitcoin investment.

The amount of discretionary income that a person has available is likely to change over time, and even guys can sometimes decide to take measures to increase their discretionary income based on their learning about bitcoin and their getting more and more comfortable with putting excess discretionary income into bitcoin, and at the same time, there may be some folks who are not in a position to increase their discretionary income...

This cannot be denied by anyone because it is a unique characteristic. This means that the income a person has will certainly differ from what they typically earn. The results or income will not always be the same amount. Sometimes this month you get this much and next month you get more than the previous month. This means that changes will always occur as long as we remain within the context of a single activity. The results will certainly vary. This is the same as someone who has a business whether small or large. Clearly every day will always differ from what someone earns. Moreover this is a person's goal. When there are results, they will certainly invest in Bitcoin, even if only a few percent, because there are several other processes they must provide so that what is obtained is achieved. do it with results or income that are still very minimal of course everything remains on a balanced goal with another reason all can be sufficient with one thing that is produced even though sometimes the amount obtained is often different what is clear is that for ongoing investments and other things can also be sufficient even with large or small amounts the point is that there must still be an addition to the amount of Bitcoin that has been collected so that an increase in the amount of BTC will always be there because this will be an option for someone by doing it to save even with the amount produced by one method or source.

[Dreadboost]

If you are only interested in profit, you will end up losing money, thinking about profit will not lead you to success, it can only make you to buy if the market is going up, you will always try to outsmart the market to take advantage, and im sure that whenever the market goes down you will feel disappointed, our goal should not be on profit as we all know that bitcoin involves risks, the price can go up and down any time.

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.

For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

People have their reasons why they are investing. Some invest for profit in decades to come, some invest for keeping inheritance, some invest in projects. The reason for their investment varies because everyone is entitled to their own opinion, how they see Bitcoin, provided that the value of Bitcoin is seen in whatever chooses to be their reason for Bitcoin investment. 


If we make the aim of investing generally a profit thing, most investors wont see the bigger picture of Bitcoin. Though we may all agree that in the end, we want to be profitable, that should not only be what drives us towards consistent accumulation. The reason should be bigger than that. The value over time is a good reason, and many other reasons exist for each investor.

[Patrol69]

Investing no more than you can afford to lose is the better way of expressing the matter of mindset and talking about bitcoin investment mindset.  I have covered that topic several times already (in this thread and in other places), otherwise with your way of framing the matter, you are either expecting profits (as if profits (or upwards BTC price movements were guaranteed) or at least you are expecting not to lose too much in circumstances of price movements not going up.. yet it seems the strength of your insistence on proclaiming holding for a long time is a way of guaranteeing "deferred profits", so in that regard, you seem to be of the belief that there is a guarantee that you are going to get your money back and to profit in the long run, even though there is no such guarantee including both execution risk and also underlying asset risk that relates to a lot of ongoing outright and subterranean battles in connection with the asset (ie bitcoin).

Investment never guarantees profit, so before advising someone on investment, you need to discuss these issues openly with them. Many people think that if they hold on for a long time and continue investing consistently, they will definitely make a profit, but this is not true, but holding on for a long time creates a good chance of profit and we have seen in the past that those who have held on for a long time have finally achieved success.

Even though there is a possibility of success, long-term investment is not 100% risk-free, so you have to accept this and move towards investment. I like the way you mentioned both execution risk and asset risk. Many people only look at the price, but do not give importance to their own mistakes or what changes may happen around Bitcoin.

By continuing to invest in addition to continuing consistently, we can be in the middle of this investment, as we do not expect that we will definitely make a profit from this, and we do not need to think that it is a lot like gambling that money will not come from this. If we can make decisions in the middle and move forward, those things might help us achieve our long-term investment goals.

For sure, we know that bitcoin is not a shitcoin, even though the expression, "don't invest any more than you can afford to lose," applies to shitcoins and gambling too... even though in shitcoins and gambling sometimes guys do end up fairly easily putting in more than they can afford to lose, which the same overinvesting can end up happening in bitcoin too if cashflows are not managed properly and/or if there might be some other issues related to how much is invested or perhaps how it is stored or even privacy matters.. .. and yeah, even though the odds are likely quite low that bitcoin would go to zero, the odds of bitcoin going to zero are not zero that bitcoin would either go to zero or end up going through some other spiraling downward situation - even though it appears that we have greater and greater levels of adoption including the creation and proliferation of various financialization products and various kinds of spreading of bitcoin to more and more parts of the world.

I always want to keep Bitcoin separate because no other coin can be compared to Bitcoin. Since Bitcoin came into the market, its popularity has increased and this coin has survived quite strongly in the market. The governments of many countries have directly accepted Bitcoin and many countries are keeping Bitcoin for the future, in that case, this coin cannot be compared to any other coin. I have seen many coins in the market that have come in and stayed in the market for a few days and then disappeared, so if you have to trust, then you should trust Bitcoin. Although Bitcoin is also a cryptocurrency and this cryptocurrency is not 100% risk-free, investors should definitely take this as much as possible.

[JayJuanGee]

If you are only interested in profit, you will end up losing money, thinking about profit will not lead you to success, it can only make you to buy if the market is going up, you will always try to outsmart the market to take advantage, and im sure that whenever the market goes down you will feel disappointed, our goal should not be on profit as we all know that bitcoin involves risks, the price can go up and down any time.

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.

We have had these discussions before in regards to profits as a motivation, and surely I have taken a pretty strong stance to suggest that guys stop proclaiming that everything about investing is profits, and that surely is not the way that I am framing the matter of investing into bitcoin, even though surely there are a variety of profit-related motivations. 

At the same time, it is my position that being maniacally trying to frame all motives in terms of profits, including bitcoin investment, then that is likely going to be both incomplete but also denigrate various other motivations in terms of paradigm money and information systems that bitcoin provides to the world currently, historically and likely into the future.

Did Satoshi invent and involve himself in bitcoin for profits?  If you think you think so, then what is your evidence of that "profits" motivation?  Do you believe that others could be involved with aspects of bitcoin for similar motives as satoshi or even that they could have both Satoshi-like motives and profit motives at the same time? 

In other words, fuck off with claims that investing in bitcoin is ONLY about profits.  I do understand that some guys might not be capable of thinking outside of the profits only box, yet if guys want to argue insistently on that point, I might start to consider those kinds of posts to be "off-topic" in terms of what this thread is about, even though I don't mind discussions of profits, I do mind proclamations that argue bitcoin investment and/or involvement is ONLY about profits, which I believe is a factually inaccurate assessment even though some guys seem incapable of getting beyond that kind of seemingly animalistic thinking.

For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

You are saying that at various price points, you are selling portions of your bitcoin stash, but there is no time element to your plan? Something seems quite incomplete about that way of framing matters.

Does that mean that you are done accumulating bitcoin?  Or perhaps it means that you plan to sell bitcoin at certain price points with an expectation to buy back at lower prices (perhaps 15%, 30%, 50% price corrections or more from whatever your sell points?)?  How is what  you are doing investing and not trading?  How are you "on-topic" in this thread?  Are you even trying to be "on-topic" or are you merely trying to provide some kind of an alternative perspective?   I am not completely opposed to alternative perspectives as long as they are at least attempting to grapple with the topic of this thread and not purposefully providing bullshit and/or off-topic ideas without attempting to relate such discussion points to the thread.

With what you have already posted I get the sense that you are trading rather than investing, and you are selling at certain price points based on price and not based on time because you have intentions to buy back at cheaper prices and if your cheaper prices do not come then you rethink your trade in bitcoin or perhaps in another asset.. So I am getting the sense that you are already off topic, even though you are using the word "investor" rather than labelling yourself as a trader.

I am not even sure if it is worth it to explore this matter with you further or to just let you know that you should not be posting here since you are not even trying to be on topic, even though you are using the word "invest" rather than "trade."  You might either not know what investing is, or you just have a considerably different definition of investment.

Maybe you could answer a hypothetical?  Let's say for example that when you sold bitcoin at various price increments on the way up, and you were to require at least a 15% correction in order to buy back, so then let's just say, hypothetically, that bitcoin were to go up to $180k (which is really ONLY about a 2.4x price increase from our current $76k price) within the next 9 months without making any corrections that were large enough to make your correction (15% or greater in this example).  What portion (percentage) of your current bitcoin stash would you still hold once the BTC price reached $180k?   Would you have any bitcoin remaining in your stash?

Another thing.   You have been registered on the forum since April 2023, and I just did a quickie glance at your post history, and surely you have a lot of posts in the gambling and trading sections, so it may well  be the case that you have hardly any clue about what investing actually is, and you are likely convoluting the ideas of investing and trading and even using the term investing to describe your trading activities.   In other words, you are not even willing to commit to putting value into bitcoin for 4 to 10 years or longer.. so I have trouble understanding why you are participating in this investing thread where I surely am describing investing to have a 4-10 year or longer timeline. 

I will admit that it is possible for traders to have better performance as compared with investors in short time periods, yet it becomes unlikely for traders to out perform investors in timelines that are 2 cycles (8 years) or longer.  Do you even have anything close to 8 years of experience with bitcoin?  For sure, I am not proclaiming that guys need to have 8 years of experience in bitcoin to participate in this thread, yet it seems that investors should not have any problem considering and/or even committing to 8 year investment time horizons, unless they have some health or age matter that might not allow them to commit to bitcoin for that long.   

I have also frequently suggested that guys who first get started in bitcoin might not know the difference between trading and investing, and they do not necessarily need to commit to at least a 4 year investment timeline in order to get started investing into bitcoin, since I get the sense that guys can get started and then figure out that bitcoin is an investment and not a trade and in order to be an investor there is a need to commit to at least 4 years for any buys that are made, even though it could take beginner bitcoiners or newbies a bit of time to adapt into such an investment perspective with an investment timeline.

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

I agree, long term investing is setting ourselves from the belief that this is the better way of dealing with the market. Continue with the DCA at any price and just wait until how long you'd be able to recoup or get the ROI. But that only will come if ever you decide to sell. I guess that most of us don't have plans of selling specially looking at the market conditions now. The look is so better which even makes us want to hold more and buy more. Others are missing the whole point of waiting for the dip when everyone is hustling at any price trying to get as much as they can while the supply last.

If you are potentially concerned about recouping your ROI, then what good is it going to do you, @batang_bitcoin, to spend 10 years or more investing in bitcoin and building up your bitcoin position in order to sell it all? or are you merely considering selling some of your bitcoin investment and then reconsidering your bitcoin plan after you feel that you were able to recoup your ROI?  Seems to be a fairly narrow perspective, even though I understand guys mix in these trading concepts into their investing ideas.

[edited out]

And so it would be much more better that folks just place their focus on how they can continuously accumulate and increase their Bitcoin portfolio until they reach over-accumulation.... And when that is achieved they can now begin talking about profit...

It may well be the case that EL MOHA is not really capable of thinking like an investor, even though he uses the word "invest" in his posts to describe what he says that he believes he is doing.  He may well think that investing and trading are part of the same package and/or approach to bitcoin, shitcoins and/or whatever else he is considering to involve himself in.

How is "why they do it" part of this topic?  And, why does it matter to the choices that any of us are making whether or not to invest into bitcoin and how aggressively to do it and then perhaps thereafter how to manage our bitcoin and other aspects of our cashflows?

That's what sometimes makes us wonder about what people do even though they know it but they still use or do it. So I'm more interested in clarifying the opinions of everyone involved in this forum. Is someone doing it this way because they have a goal of managing cash flow or other aspects sometimes because they've been using such aggressive methods for a long time?

That desire to do a survey of other members would be of questionable relevance in this thread. It seems to me that you are just making attempts at random streams of consciousness connection in regards to your participation in this topic rather than seriously trying to consider investing in bitcoin for yourself and/or considering my ideas on bitcoin investing. 

I don't have a lot of patience for trolls who are asking about theory rather than actually attempting to be involved in investing into bitcoin themselves. Maybe you need to try harder to relate your posts to this thread instead of being so abstract and difficult to pinpoint in regards to what you are saying and how it might relate to this thread.

Likely there is asymmetric information in regards to the value of bitcoin and/or the value of investing into it... so if we know about bitcoin, then we may well decide to start to invest into it, yet we may or may not be sure about bitcoin, and start to invest into bitcoin and learn about bitcoin and cashflow management as we go. We don't necessarily need to know a lot about bitcoin to get started, even though it seems that, unless we are of the gambling type, we likely would not be inclined to increase (or perhaps to maximize?) our level of aggressiveness in investing into bitcoin until we reach a certain level of comfort that we consider to be acceptable.

I think we don't need to understand Bitcoin too deeply this is why because it could hinder someone from starting Bitcoin investment but it is also necessary to learn however the thing about knowing more deeply will certainly be obtained by the person when the position is already involved in it regardless of what we have done and if not involved just delving into it without doing of course this is one way that can delay someone's desire to invest in Bitcoin especially when without thinking about things that are not in accordance with what is thought of course this is one of the quite emotional mistakes that will be felt/experienced by those who delay in investing in Bitcoin especially before they certainly have prepared all sides both mentally or also their capital who are very ready to invest but sometimes hit by delays which means too deep into the knowledge of Bitcoin investment which ultimately has capital in managing cash flow is constrained by not continuing or not immediately doing Bitcoin investment.
 

There is quite a bit of gobble-dee-gook in this response too.. .yet I think that a person does not need a lot of knowledge about bitcoin and/or about cashflow management to get started investing into bitcoin as long as he can determine that he has discretionary funds, yet once he starts to invest, then he should become motivated to learn more about bitcoin. 

Your questions that seem to relate to wanting to motivate guys into wanting to get into bitcoin investing seems to beyond my own personal concerns.. Guys have to figure out their own motivation in terms of both getting started and how aggressive that they might want to be in their building of a bitcoin position, in the event that they do end up getting started investing into bitcoin.

The amount of discretionary income that a person has available is likely to change over time, and even guys can sometimes decide to take measures to increase their discretionary income based on their learning about bitcoin and their getting more and more comfortable with putting excess discretionary income into bitcoin, and at the same time, there may be some folks who are not in a position to increase their discretionary income...

This cannot be denied by anyone because it is a unique characteristic. This means that the income a person has will certainly differ from what they typically earn. The results or income will not always be the same amount. Sometimes this month you get this much and next month you get more than the previous month. This means that changes will always occur as long as we remain within the context of a single activity. The results will certainly vary. This is the same as someone who has a business whether small or large. Clearly every day will always differ from what someone earns. Moreover this is a person's goal. When there are results, they will certainly invest in Bitcoin, even if only a few percent, because there are several other processes they must provide so that what is obtained is achieved.

Well income and/or expenses can change from pay period to pay period and affect the extent to which any person is able to invest in bitcoin, and if he has discretionary funds available then he can choose how much of those discretionary funds to invest, if any.

do it with results or income that are still very minimal of course everything remains on a balanced goal with another reason all can be sufficient with one thing that is produced even though sometimes the amount obtained is often different what is clear is that for ongoing investments and other things can also be sufficient even with large or small amounts the point is that there must still be an addition to the amount of Bitcoin that has been collected so that an increase in the amount of BTC will always be there because this will be an option for someone by doing it to save even with the amount produced by one method or source.

If a person has a goal to be ongoingly increasing his bitcoin, then yeah, he will be making efforts to continue to increase his bitcoin every pay period, yet you are not really saying anything that is of substance or even seeming to grapple with what actually could happen from pay period to pay period.  You might want to give an example so that you are at least grappling with some actual facts rather than vague theoretical assertions that do not seem to say much of anything related to either bitcoin investing and/or the ongoing dynamics of cashflow management.

[yudi09]

People have their reasons why they are investing. Some invest for profit in decades to come, some invest for keeping inheritance, some invest in projects. The reason for their investment varies because everyone is entitled to their own opinion, how they see Bitcoin, provided that the value of Bitcoin is seen in whatever chooses to be their reason for Bitcoin investment. 
If we make the aim of investing generally a profit thing, most investors wont see the bigger picture of Bitcoin. Though we may all agree that in the end, we want to be profitable, that should not only be what drives us towards consistent accumulation. The reason should be bigger than that. The value over time is a good reason, and many other reasons exist for each investor.

Whether they need to continue a legacy or do it to gain profit is purely their personal right and we don't need to regulate what everyone does. When everyone does or starts something they certainly have a goal especially in the two matters you mentioned continuing or preserving an existing legacy. However this depends on each person's intentions and goals in taking a stance or decision so that when they act they will not risk what they do whether it's continuing a legacy or making their investments. This will allow them to gain even more from what they do whether it's investing in projects or investing to preserve the legacy left by our families so that there is a continuation of what was done before us.

This is a characteristic shared by all humans because fundamentally everything they do ultimately seeks profit. It's natural for investors not to see the big picture. However when they accumulate they certainly already have an idea of ​​the amount they will receive regardless of their actions while accumulating Bitcoin. This is their primary focus in consistently accumulating Bitcoin as they understand the value they will gain by consistently maintaining their accumulated efforts.

[cyberninja2]

If a person has a goal to be ongoingly increasing his bitcoin, then yeah, he will be making efforts to continue to increase his bitcoin every pay period, yet you are not really saying anything that is of substance or even seeming to grapple with what actually could happen from pay period to pay period.  You might want to give an example so that you are at least grappling with some actual facts rather than vague theoretical assertions that do not seem to say much of anything related to either bitcoin investing and/or the ongoing dynamics of cashflow management.

What someone must do if they want to increase their Bitcoin beyond what they've already accumulated is consistently make regular purchases whether weekly or monthly. Obviously when they generate income such things are mandatory because their goal is to increase their Bitcoin. So it's natural for them to do the methods we mentioned above and consistently do so when they have the funds they've earned.

But I also doubt what someone wants in doing this because their habit will not be able to be done meaning that the thing they want is quite difficult unless someone has a stable cash flow in terms of their income then they can or are able to comply with their desire to increase the number of Bitcoins to even more than what they have already collected so that's why I think it is difficult to do unless the finances and cash flow of the income that a person has are sufficient or exceeds what they are spending it won't be difficult because if not of course this will be something. which is quite difficult to carry out or be carried out by someone who has the intention of increasing the number of Bitcoins.

[Rabata]

If you are only interested in profit, you will end up losing money, thinking about profit will not lead you to success, it can only make you to buy if the market is going up, you will always try to outsmart the market to take advantage, and im sure that whenever the market goes down you will feel disappointed, our goal should not be on profit as we all know that bitcoin involves risks, the price can go up and down any time.

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.

For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

People have their reasons why they are investing. Some invest for profit in decades to come, some invest for keeping inheritance, some invest in projects. The reason for their investment varies because everyone is entitled to their own opinion, how they see Bitcoin, provided that the value of Bitcoin is seen in whatever chooses to be their reason for Bitcoin investment. 

Though profit should not be the only goal, most investors give more priority to profit. There is no harm in giving priority to profit. Those who only want to give priority to profit must get out of considering short-term investing in Bitcoin. There is no guarantee of profit in short-term investment, and even in the long term, profit is not guaranteed, but it is much easier for those who can invest in Bitcoin consistently for a long time. The investor must trust in two things, one is long-term  and the other is trust. If he can achieve good skills in these two things, then it will be easy for him to make profit from Bitcoin. In any situation, the investor must remain steadfast in his goal. It is important not to get confused by the movement of the market, but to maintain his consistency.

[Barikui1]

.

But I also doubt what someone wants in doing this because their habit will not be able to be done meaning that the thing they want is quite difficult unless someone has a stable cash flow in terms of their income then they can or are able to comply with their desire to increase the number of Bitcoins to even more than what they have already collected so that's why I think it is difficult to do unless the finances and cash flow of the income that a person has are sufficient or exceeds what they are spending it won't be difficult because if not of course this will be something. which is quite difficult to carry out or be carried out by someone who has the intention of increasing the number of Bitcoins.

Cash flow and income are important things that needs to be put into consideration before trying to achieve anything tangible that requires money or finance, but when it comes to Bitcoin investment, all you just need is a discretionary income to invest with regularly, and if you can't figure out your discretionary income to invest with from your net income, what you should be doing is working on your source of discretionary income, because if you can't figure out your discretionary income, you couldn't be able to invest and be successful, because any investment done outside your discretionary income will be problematic and may likely ends in failure, so figuring out your discretionary income or working on your source of discretionary income if it's not available consistently is what all Bitcoin investors should be doing, if you really want your Bitcoin investment to be successful in the future.

[Jostern]

If a person has a goal to be ongoingly increasing his bitcoin, then yeah, he will be making efforts to continue to increase his bitcoin every pay period, yet you are not really saying anything that is of substance or even seeming to grapple with what actually could happen from pay period to pay period.  You might want to give an example so that you are at least grappling with some actual facts rather than vague theoretical assertions that do not seem to say much of anything related to either bitcoin investing and/or the ongoing dynamics of cashflow management.

For an investor who have that goal of increasing his bitcoin accumulated, I think it is going to take some extraordinary effort and making out some plans of increasing his cashflow, well if that individual have a very small amount of discretionary income after paying his or her bills I think nothing would be much left for the fellow to increasingly invest more and buy more bitcoin, there is also an opportunity to cut off some unnecessary expenses that would be taking much money from our income.

And also increasingly working on different things that would obviously increase our cashflow so that we can keep
buying and accumulating Bitcoin.

Working on our expenses, To increase our level of bitcoin accumulation.

Working on different cashflows to also help in buying and accumulation of more Bitcoin.

[Tongley]

What someone must do if they want to increase their Bitcoin beyond what they've already accumulated is consistently make regular purchases whether weekly or monthly. Obviously when they generate income such things are mandatory because their goal is to increase their Bitcoin. So it's natural for them to do the methods we mentioned above and consistently do so when they have the funds they've earned.

But I also doubt what someone wants in doing this because their habit will not be able to be done meaning that the thing they want is quite difficult unless someone has a stable cash flow in terms of their income then they can or are able to comply with their desire to increase the number of Bitcoins to even more than what they have already collected so that's why I think it is difficult to do unless the finances and cash flow of the income that a person has are sufficient or exceeds what they are spending it won't be difficult because if not of course this will be something. which is quite difficult to carry out or be carried out by someone who has the intention of increasing the number of Bitcoins.

There are many people who do not have a stable source of income. But even then they continue to invest consistently and hold on for a long time. For investment, we do not need a stable source of income, we need discretionary income. It is important to manage our finances properly. As soon as we are able to manage our finances properly, we will find discretionary income. Even if our discretionary income is very small, we can invest.

Two of my friends and two of my friends earn the same amount of money but one of them has gone far ahead of the other. He had saved his money without spending it unnecessarily and now he has bought a land to build a house. But on the other hand, the other friend earns the same amount of money but his expenses are much higher, he is involved in extra expenses like extra outings, smoking expenses, etc., due to which he does not have any money left. If he had been able to manage his finances properly and cut down on unnecessary expenses, he might have been able to buy a piece of land like my friend today. So even if we have a stable source of income, if we don't take control of our financial situation, we might never find a source of discretionary income and invest.

[Big Dirams]

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

I agree, long term investing is setting ourselves from the belief that this is the better way of dealing with the market. Continue with the DCA at any price and just wait until how long you'd be able to recoup or get the ROI. But that only will come if ever you decide to sell. I guess that most of us don't have plans of selling specially looking at the market conditions now. The look is so better which even makes us want to hold more and buy more. Others are missing the whole point of waiting for the dip when everyone is hustling at any price trying to get as much as they can while the supply last.

Those waiting for dips are just wasting so much time for nothing. Many people now understands that it not about waiting for dips before one can accumulate bitcoin anymore but with the help of DCA strategy one can keep up with constant accumulation and not feeling fall out from the market and even during the dips we take it as opportunity to buy at lows but waiting for the dips is a waste of time.
  Selling off our investment shouldn’t be what an investor puts into consideration or even thought of, one should have that mindset of aiming for future purposes. Have the long term goals for better opportunities and benefits at the long run.

[Grease5000]

If you are only interested in profit, you will end up losing money, thinking about profit will not lead you to success, it can only make you to buy if the market is going up, you will always try to outsmart the market to take advantage, and im sure that whenever the market goes down you will feel disappointed, our goal should not be on profit as we all know that bitcoin involves risks, the price can go up and down any time.

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.

We have had these discussions before in regards to profits as a motivation, and surely I have taken a pretty strong stance to suggest that guys stop proclaiming that everything about investing is profits, and that surely is not the way that I am framing the matter of investing into bitcoin, even though surely there are a variety of profit-related motivations. 

At the same time, it is my position that being maniacally trying to frame all motives in terms of profits, including bitcoin investment, then that is likely going to be both incomplete but also denigrate various other motivations in terms of paradigm money and information systems that bitcoin provides to the world currently, historically and likely into the future.

Did Satoshi invent and involve himself in bitcoin for profits?  If you think you think so, then what is your evidence of that "profits" motivation?  Do you believe that others could be involved with aspects of bitcoin for similar motives as satoshi or even that they could have both Satoshi-like motives and profit motives at the same time? 

In other words, fuck off with claims that investing in bitcoin is ONLY about profits.  I do understand that some guys might not be capable of thinking outside of the profits only box, yet if guys want to argue insistently on that point, I might start to consider those kinds of posts to be "off-topic" in terms of what this thread is about, even though I don't mind discussions of profits, I do mind proclamations that argue bitcoin investment and/or involvement is ONLY about profits, which I believe is a factually inaccurate assessment even though some guys seem incapable of getting beyond that kind of seemingly animalistic thinking.

For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

You are saying that at various price points, you are selling portions of your bitcoin stash, but there is no time element to your plan? Something seems quite incomplete about that way of framing matters.

Does that mean that you are done accumulating bitcoin?  Or perhaps it means that you plan to sell bitcoin at certain price points with an expectation to buy back at lower prices (perhaps 15%, 30%, 50% price corrections or more from whatever your sell points?)?  How is what  you are doing investing and not trading?  How are you "on-topic" in this thread?  Are you even trying to be "on-topic" or are you merely trying to provide some kind of an alternative perspective?   I am not completely opposed to alternative perspectives as long as they are at least attempting to grapple with the topic of this thread and not purposefully providing bullshit and/or off-topic ideas without attempting to relate such discussion points to the thread.

With what you have already posted I get the sense that you are trading rather than investing, and you are selling at certain price points based on price and not based on time because you have intentions to buy back at cheaper prices and if your cheaper prices do not come then you rethink your trade in bitcoin or perhaps in another asset.. So I am getting the sense that you are already off topic, even though you are using the word "investor" rather than labelling yourself as a trader.

I am not even sure if it is worth it to explore this matter with you further or to just let you know that you should not be posting here since you are not even trying to be on topic, even though you are using the word "invest" rather than "trade."  You might either not know what investing is, or you just have a considerably different definition of investment.

Maybe you could answer a hypothetical?  Let's say for example that when you sold bitcoin at various price increments on the way up, and you were to require at least a 15% correction in order to buy back, so then let's just say, hypothetically, that bitcoin were to go up to $180k (which is really ONLY about a 2.4x price increase from our current $76k price) within the next 9 months without making any corrections that were large enough to make your correction (15% or greater in this example).  What portion (percentage) of your current bitcoin stash would you still hold once the BTC price reached $180k?   Would you have any bitcoin remaining in your stash?

Another thing.   You have been registered on the forum since April 2023, and I just did a quickie glance at your post history, and surely you have a lot of posts in the gambling and trading sections, so it may well  be the case that you have hardly any clue about what investing actually is, and you are likely convoluting the ideas of investing and trading and even using the term investing to describe your trading activities.   In other words, you are not even willing to commit to putting value into bitcoin for 4 to 10 years or longer.. so I have trouble understanding why you are participating in this investing thread where I surely am describing investing to have a 4-10 year or longer timeline. 

I will admit that it is possible for traders to have better performance as compared with investors in short time periods, yet it becomes unlikely for traders to out perform investors in timelines that are 2 cycles (8 years) or longer.  Do you even have anything close to 8 years of experience with bitcoin?  For sure, I am not proclaiming that guys need to have 8 years of experience in bitcoin to participate in this thread, yet it seems that investors should not have any problem considering and/or even committing to 8 year investment time horizons, unless they have some health or age matter that might not allow them to commit to bitcoin for that long.   

I have also frequently suggested that guys who first get started in bitcoin might not know the difference between trading and investing, and they do not necessarily need to commit to at least a 4 year investment timeline in order to get started investing into bitcoin, since I get the sense that guys can get started and then figure out that bitcoin is an investment and not a trade and in order to be an investor there is a need to commit to at least 4 years for any buys that are made, even though it could take beginner bitcoiners or newbies a bit of time to adapt into such an investment perspective with an investment timeline.

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

I agree, long term investing is setting ourselves from the belief that this is the better way of dealing with the market. Continue with the DCA at any price and just wait until how long you'd be able to recoup or get the ROI. But that only will come if ever you decide to sell. I guess that most of us don't have plans of selling specially looking at the market conditions now. The look is so better which even makes us want to hold more and buy more. Others are missing the whole point of waiting for the dip when everyone is hustling at any price trying to get as much as they can while the supply last.

If you are potentially concerned about recouping your ROI, then what good is it going to do you, @batang_bitcoin, to spend 10 years or more investing in bitcoin and building up your bitcoin position in order to sell it all? or are you merely considering selling some of your bitcoin investment and then reconsidering your bitcoin plan after you feel that you were able to recoup your ROI?  Seems to be a fairly narrow perspective, even though I understand guys mix in these trading concepts into their investing ideas.

[edited out]

And so it would be much more better that folks just place their focus on how they can continuously accumulate and increase their Bitcoin portfolio until they reach over-accumulation.... And when that is achieved they can now begin talking about profit...

It may well be the case that EL MOHA is not really capable of thinking like an investor, even though he uses the word "invest" in his posts to describe what he says that he believes he is doing.  He may well think that investing and trading are part of the same package and/or approach to bitcoin, shitcoins and/or whatever else he is considering to involve himself in.

How is "why they do it" part of this topic?  And, why does it matter to the choices that any of us are making whether or not to invest into bitcoin and how aggressively to do it and then perhaps thereafter how to manage our bitcoin and other aspects of our cashflows?

That's what sometimes makes us wonder about what people do even though they know it but they still use or do it. So I'm more interested in clarifying the opinions of everyone involved in this forum. Is someone doing it this way because they have a goal of managing cash flow or other aspects sometimes because they've been using such aggressive methods for a long time?

That desire to do a survey of other members would be of questionable relevance in this thread. It seems to me that you are just making attempts at random streams of consciousness connection in regards to your participation in this topic rather than seriously trying to consider investing in bitcoin for yourself and/or considering my ideas on bitcoin investing. 

I don't have a lot of patience for trolls who are asking about theory rather than actually attempting to be involved in investing into bitcoin themselves. Maybe you need to try harder to relate your posts to this thread instead of being so abstract and difficult to pinpoint in regards to what you are saying and how it might relate to this thread.

Likely there is asymmetric information in regards to the value of bitcoin and/or the value of investing into it... so if we know about bitcoin, then we may well decide to start to invest into it, yet we may or may not be sure about bitcoin, and start to invest into bitcoin and learn about bitcoin and cashflow management as we go. We don't necessarily need to know a lot about bitcoin to get started, even though it seems that, unless we are of the gambling type, we likely would not be inclined to increase (or perhaps to maximize?) our level of aggressiveness in investing into bitcoin until we reach a certain level of comfort that we consider to be acceptable.

I think we don't need to understand Bitcoin too deeply this is why because it could hinder someone from starting Bitcoin investment but it is also necessary to learn however the thing about knowing more deeply will certainly be obtained by the person when the position is already involved in it regardless of what we have done and if not involved just delving into it without doing of course this is one way that can delay someone's desire to invest in Bitcoin especially when without thinking about things that are not in accordance with what is thought of course this is one of the quite emotional mistakes that will be felt/experienced by those who delay in investing in Bitcoin especially before they certainly have prepared all sides both mentally or also their capital who are very ready to invest but sometimes hit by delays which means too deep into the knowledge of Bitcoin investment which ultimately has capital in managing cash flow is constrained by not continuing or not immediately doing Bitcoin investment.
 

There is quite a bit of gobble-dee-gook in this response too.. .yet I think that a person does not need a lot of knowledge about bitcoin and/or about cashflow management to get started investing into bitcoin as long as he can determine that he has discretionary funds, yet once he starts to invest, then he should become motivated to learn more about bitcoin. 

Your questions that seem to relate to wanting to motivate guys into wanting to get into bitcoin investing seems to beyond my own personal concerns.. Guys have to figure out their own motivation in terms of both getting started and how aggressive that they might want to be in their building of a bitcoin position, in the event that they do end up getting started investing into bitcoin.

The amount of discretionary income that a person has available is likely to change over time, and even guys can sometimes decide to take measures to increase their discretionary income based on their learning about bitcoin and their getting more and more comfortable with putting excess discretionary income into bitcoin, and at the same time, there may be some folks who are not in a position to increase their discretionary income...

This cannot be denied by anyone because it is a unique characteristic. This means that the income a person has will certainly differ from what they typically earn. The results or income will not always be the same amount. Sometimes this month you get this much and next month you get more than the previous month. This means that changes will always occur as long as we remain within the context of a single activity. The results will certainly vary. This is the same as someone who has a business whether small or large. Clearly every day will always differ from what someone earns. Moreover this is a person's goal. When there are results, they will certainly invest in Bitcoin, even if only a few percent, because there are several other processes they must provide so that what is obtained is achieved.

Well income and/or expenses can change from pay period to pay period and affect the extent to which any person is able to invest in bitcoin, and if he has discretionary funds available then he can choose how much of those discretionary funds to invest, if any.

do it with results or income that are still very minimal of course everything remains on a balanced goal with another reason all can be sufficient with one thing that is produced even though sometimes the amount obtained is often different what is clear is that for ongoing investments and other things can also be sufficient even with large or small amounts the point is that there must still be an addition to the amount of Bitcoin that has been collected so that an increase in the amount of BTC will always be there because this will be an option for someone by doing it to save even with the amount produced by one method or source.

If a person has a goal to be ongoingly increasing his bitcoin, then yeah, he will be making efforts to continue to increase his bitcoin every pay period, yet you are not really saying anything that is of substance or even seeming to grapple with what actually could happen from pay period to pay period.  You might want to give an example so that you are at least grappling with some actual facts rather than vague theoretical assertions that do not seem to say much of anything related to either bitcoin investing and/or the ongoing dynamics of cashflow management.

I get Juan’s point, and honestly it aligns more with how real investors should think. And if profit is the only thing on your mind, you will most likely end up making emotional decisions, buying when price is already high and feeling frustrated when the market drops. That mindset usually leads to inconsistency. Serious investors don’t move like that they focus more on the process than just the outcome.

At the same time, it’s realistic to admit that profit is part of the motivation no one is investing for nothing. But the difference is that experienced investors don’t make profit their only focus. With something like Bitcoin, there is also the long-term value, the idea of it being a hedge and the bigger picture behind it. That’s what helps you stay grounded when the market gets volatile.

I also agree with the distinction Juan made between investing and trading. If you’re constantly trying to sell at certain prices and buy back lower that is more of a trading approach. Investing is more about accumulating, holding, and giving your position time to grow usually over years, not just reacting to price moves. At the end of the day, profit comes, but it’s more of a result of discipline and patience, not something you chase at every move.

[As-Soon-As]

Those waiting for dips are just wasting so much time for nothing. Many people now understands that it not about waiting for dips before one can accumulate bitcoin anymore but with the help of DCA strategy one can keep up with constant accumulation and not feeling fall out from the market and even during the dips we take it as opportunity to buy at lows but waiting for the dips is a waste of time.

We must have some strategies to hold Bitcoin in the long term, because if we imagine that Bitcoin will hold and move forward in the long term, then the DCA strategy will definitely play the best role. In addition to this, we can take some other steps, by which the Bitcoin investment will be protected. We must pay attention to prudent income, because to move forward in the future, we definitely need prudent income. Our prudent income also plays a huge role in holding Bitcoin investment properly and investing regularly.

  Selling off our investment shouldn’t be what an investor puts into consideration or even thought of, one should have that mindset of aiming for future purposes. Have the long term goals for better opportunities and benefits at the long run.

A long-term investor can definitely decide to sell after reaching his holding plan. And Bitcoin investment can be long-term for more than a decade, so here we should not suddenly decide to sell Bitcoin investment after repeatedly investing in Bitcoin. In this case, of course, we can decide to sell after we have held Bitcoin investment enough according to our plan and this will be independent of the investor's will.

[Rockson1]

Those who already have more Bitcoin from past purchases will naturally also have a plan to take profits at the current price, even if they don't sell it all at once.

What we should know is that investors at the point of acumulation should resist the urge of taking profit, infact the should not even think about profit rather it should be how to make their acumulation process faster so that they can accomplish their acumulation goal, the people you are referring to may not have reached their level of satisfaction, so do you advice that they should take profit? If you are to advice such investor that have gotten to that level what will be your advice? As a bitcon investor, you should know that there is acumulation stage and hodling stage, and there is something I do not find funny, must it be withdrawal or profit, do we think that all Bitcoiners are just investor are investing for the sake of profit, Are their no persons that are investing to add value to their wealth since they know that Bitcoin can do that for them, I want to be straight with this, wether you started investing now or you have investing for sometime, a long as you have not reached the level of acumulation you are aiming at, you do not have any business with withdrawing any amount from your Bitcoin portfolio.

[Itz-prisigold]

If a person has a goal to be ongoingly increasing his bitcoin, then yeah, he will be making efforts to continue to increase his bitcoin every pay period, yet you are not really saying anything that is of substance or even seeming to grapple with what actually could happen from pay period to pay period.  You might want to give an example so that you are at least grappling with some actual facts rather than vague theoretical assertions that do not seem to say much of anything related to either bitcoin investing and/or the ongoing dynamics of cashflow management.

For an investor who have that goal of increasing his bitcoin accumulated, I think it is going to take some extraordinary effort and making out some plans of increasing his cashflow, well if that individual have a very small amount of discretionary income after paying his or her bills I think nothing would be much left for the fellow to increasingly invest more and buy more bitcoin, there is also an opportunity to cut off some unnecessary expenses that would be taking much money from our income.

And also increasingly working on different things that would obviously increase our cashflow so that we can keep
buying and accumulating Bitcoin.

Working on our expenses, To increase our level of bitcoin accumulation.

Working on different cashflows to also help in buying and accumulation of more Bitcoin.

While your comments regarding cash flow, expense reduction, and increasing income is very valid, I believe that there needs to be a better balance to them when relating to the accumulation of Bitcoin.

While reducing unnecessary expenses, and improving income will allow individuals to allocate more Bitcoin, but you should understand that accumulation itself is not strictly dependent to extraordinary effort, nor does it necessarily depend on continually increasing one's cash flow. The way you frame this issue creates the perception that Bitcoins are exclusive to those who can make aggressive increases in their income, which is simply not true.

When looking at this practically, rather than being concerned with the amount of money that an individual has available through income, I believe that what is more important is how an individual structure whatever income they already have. Therefore, even with modest income, if discretionary funds can be identified after the payment of essential expenses, accumulation can occur over time. So even if the amounts left  is small, that will not stop consistency, long term allocation is still valid and viable.

Additionally, by placing so much emphasis on improving income before investing, can actually delay people unnecessarily. In reality, both can actually work together; managing expenses, working on improving income opportunities, and allocating consistently from whatever discretionary income you have available without pressure is possible.

So while cash flow improvement is beneficial, it is best considered as a supporting factor and not really a requirement for starting or continuing accumulation of Bitcoin. The key is to keep to the disciplined approach, allocate with discretionary funds on a regular basis no matter how much it is.

[Cossyblack]

Those waiting for dips are just wasting so much time for nothing. Many people now understands that it not about waiting for dips before one can accumulate bitcoin anymore but with the help of DCA strategy one can keep up with constant accumulation and not feeling fall out from the market and even during the dips we take it as opportunity to buy at lows but waiting for the dips is a waste of time.
  Selling off our investment shouldn’t be what an investor puts into consideration or even thought of, one should have that mindset of aiming for future purposes. Have the long term goals for better opportunities and benefits at the long run.

Why would you wait for the dip when you can DCA regularly using your discretionary income. As long as you have a good source of discretionary income there is no point waiting for the dip because it's will waste your time and opportunities. You should focus on accumulating consistently with your discretionary income rather than wasting your valuable time timing the market for the perfect dip you aren't sure will happen.