JJG’s Outline of Bitcoin Investment Ideas

[Silikiem]

This is a very appropriate answer to be understood by all parties because every person or party who wants to start investing with a healthy mindset will certainly invest without having to trouble themselves meaning that today the income they have, for example is 50%, of course the person will do it with 30% to accumulate Bitcoin while the remaining 20% ​​is only for needs that must be spent meaning that every time they accumulate the person must see how much income they have during the week and likewise sometimes they have more sources of income than what we mentioned earlier they must also do it in a way that does not make it difficult for someone to live their life which is clear every time they accumulate Bitcoin of course adjustments will be made to the results or sources obtained so that for sufficient needs and for investing also run smoothly because these two things are very necessary to do but it is all based on the income we have without bothering ourselves in doing it so that when we have implemented it whatever way we do it it is all up to us whether in the long term or short term.

This approach could be misleading as it will be problematic for investors trying to follow this method of allocating some percentage of our income to investing in bitcoin without first making sure that they have sorted out their basic financial obligations or mandatory needs. And again the income you are talking about wasn’t really specified as the investors discretionary income which makes it even more difficult to successfully allocate 30% of it for investing leaving 20% for basic needs meanwhile the money needed to start investing in bitcoin is an  investors discretionary income and not really his main income which means that before investing we should have to sort out our basic needs after which the money left with us is what we are to use as our discretionary income for investment or other non essential or basic purposes. Sometimes our basic expenses could become large even as we try to sort them out, and there’s every possibility that the particular percentage income you once allocated for it might not be sufficient enough to cover the expenses which could now prompt you to selling your bitcoin holding just to get the remaining money to sort it out and by that time the long term investment goal would have been disrupted and also due to how volatile bitcoin is you might be selling at a huge loss.

Personally I think the simplest way to follow this up is to first sort out the basic expenses, then the remaining money which is the discretionary income can be used for  investment purposes no matter how small it is I’m sure it will still go a long way as what really matters is consistency in accumulating bitcoin because those little regular uninterrupted buys are really important as it will go a long way to stabilize your long term project especially after knowing fully well that you have already sorted out your basic expenses, it gives the investor some sense of relief and a peace of mind for the long run.

[Sobz]

You're right because there's no real and serious Bitcoin investment that places more priority on profit than reaching his his target except for those that are traders, traders are known for their profit hunting, that's what they try to do whatever analysis that I don't know for the purpose of their unrealistic goals and anyone that sounds in such manner should be consider himself as a trader.
It gets to me badly when I hear people talking about profit as if they have been investing and accumulating Bitcoin for a very long time, do we even need to tamper out Bitcoin as invetsors, some people think that one they make profit, the next thing is to withdraw it, if so, what is the purpose of calling oneself a real long-term investment.

Investors that their major concern is to make profit from Bitcoin investment are not good hodlers.  They may not have specific time of when to take profit from their investment but because of the essence why they are investing is to make profit.  Investing to make profit from Bitcoin is not bad  but it is good for investors to know their is more to just make profit  im Bitcoin investment. Bitcoin investment is also a store value that people can invest for the future. If you understand the value of Bitcoin and where the price of Bitcoin is heading to, making profit will be the least thing to think about but to invest and hodl Bitcoin.

[B-BossMan]

invest without having to trouble themselves meaning that today the income they have, for example is 50%, of course the person will do it with 30% to accumulate Bitcoin while the remaining 20% ​​is only for needs that must be spent meaning that every time they accumulate the person must see how much income they have during the week and likewise sometimes they have more sources of income than what we mentioned earlier they must also do it in a way that does not make it difficult for someone to live their life

I think that it's absolutely wrong to be investing in Bitcoin like that because you are definitely going to run into trouble doing it that way. You have to take proper care of your basic needs first, then any money that is left, which is your discretionary income is what you should be investing with, not investing first before taking care of your basic needs with what is left. It's wrong and you will fall into trouble in no distance time,  which will compel you to sell off your holdings just to address some of your basic needs that was not addressed before investing, so it's more important to sort of your basic needs first, before thinking of investing with the discretionary income left.

Walking into investment without taking proper care of our basic needs and most important things then that investment journey will be so ruined because no matter the circumstances definitely the investor would surely ran back to their investment anytime they face little issues or any important things come up because they fail to handle them before investing.
 That why it always advisable to settle our needs before thinking of investing so we won’t ran to our investment anytime we face an emergency. Let settle our needs and set up a discretionary income to begin our journey of bitcoin investment for safe and sustainable investments.

I agree with your points, and this is exactly where some folks expecially the newbies are struggling. If someone comes into bitcoin without settling thier basic needs, thier investment is already at risk or likely fail. Because any unexpected expenses that cones will likely push them to sell thier bitcoin very early or prematurely, not because they want, but because they wouldn't be any other options. It would be a total losses and frustrating. However,  that’s why proper financial planning is very paramount.  People should set aside thier emergency funds before proceeding to an investment, that actually helps one to stay calm and avoid tempered thier bitcoin investment when things happen.

Additionally, investing only with your discretionary income, that the money you can afford to leave without touching it for long-term. When people truly organize thier finances and thier essential needs, they won't be unnecessary pressure and distraction on thier bitcoin investment, the key points are stay disciplined,consistent, patient and focus on long-term accumulation growth, so sorting out all these silly expenses actually make bitcoin more sustainable and safer.

[The Founding Titan]

If ever caught in a situation where you will have of choose between investing and your emergency fund then you priority as an investor should be your investment, you emergency ecan always come after that, but that doesn't mean you should ignore the idea of setting up an emergency fund, as long as you have the discretionary income available to you then it should be possible for you to invest and also save up your emergency fund and you should also strive to save up 3 months worth of your living expenses, you won't get to that point over night but you have to be intentional about it to be able to save up that much.

Their is no need looking at which one is more important whether investment or emergency fund. As an investor you just need to understand that both investment and emergency fund are important and they have their own role to play in every investment. In investment when you are looking the other areas as something that is not too important you may completely ignore it. So, far as investment is about  planning you must look out to plan in every area and not just in only one area. You must try to make everything balanced because when you will be in need of emergency fund, if it is not their it may affect the investment and one thing about the demand for emergency fund, it is needed when you dont expect it. Irrespective of what one earns all these can be planned and also to be put into consideration.

The emergency fund is important but please don't try to equate it to the bitcoin investment itself, we might be advised to do them side by side but that doesn't mean they are of equal value, if even you are caught in a situation where you can do both then your priority should always be your investment, this alone already tells you that one is more important than the other, if I follow your opinion and treat them as equals and for any reason I'm not able to do the two then I will just do which ever one is easier and if saving my emergency fund becomes easier to do then accumulating bitcoin then that which I will prioritise and that's just wrong, they are both important but not equally, your investment comes before your emergency fund and that's why we spend our emergency fund to save our investment.

People should set aside thier emergency funds before proceeding to an investment, that actually helps one to stay calm and avoid tempered thier bitcoin investment when things happen.

Wrong, if you haven't set up am emergency fund yet you can still start investing, but if it's bothering you too much then just do them side by side. Don't get your priorities wrong.

[Nheer]

I agree with your points, and this is exactly where some folks expecially the newbies are struggling. If someone comes into bitcoin without settling thier basic needs, thier investment is already at risk or likely fail. Because any unexpected expenses that cones will likely push them to sell thier bitcoin very early or prematurely, not because they want, but because they wouldn't be any other options. It would be a total losses and frustrating. However,  that us why proper financial planning is very paramount.  People should set aside thier emergency funds before before proceeding to an investment, that actually helps one to stay calm and avoid tempere tjier bitcoin investment when things happen.

You are mostly right about what you said except for the highlighted part. It is important to set aside an emergency fund to back up your investment but you must not set aside your emergency fund before you invest, it will be a waste of time trying to build your emergency fund first before investing. Once you have discretionary income your investment should come first. If your discretionary income is enough to handle both then invest while also building your emergency fund at the same time. But if you can’t comfortably do both yet then focus on investing first and work on the emergency fund later.
Investing without sorting out your essential expenses is not ideal, it mostly lead to premature sales of your investment because you can't run away from those expenses and when they come back haunting you will have no other option but to sell your investment.

[Taskford]

invest without having to trouble themselves meaning that today the income they have, for example is 50%, of course the person will do it with 30% to accumulate Bitcoin while the remaining 20% ​​is only for needs that must be spent meaning that every time they accumulate the person must see how much income they have during the week and likewise sometimes they have more sources of income than what we mentioned earlier they must also do it in a way that does not make it difficult for someone to live their life

I think that it's absolutely wrong to be investing in Bitcoin like that because you are definitely going to run into trouble doing it that way. You have to take proper care of your basic needs first, then any money that is left, which is your discretionary income is what you should be investing with, not investing first before taking care of your basic needs with what is left. It's wrong and you will fall into trouble in no distance time,  which will compel you to sell off your holdings just to address some of your basic needs that was not addressed before investing, so it's more important to sort of your basic needs first, before thinking of investing with the discretionary income left.

Walking into investment without taking proper care of our basic needs and most important things then that investment journey will be so ruined because no matter the circumstances definitely the investor would surely ran back to their investment anytime they face little issues or any important things come up because they fail to handle them before investing.
 That why it always advisable to settle our needs before thinking of investing so we won’t ran to our investment anytime we face an emergency. Let settle our needs and set up a discretionary income to begin our journey of bitcoin investment for safe and sustainable investments.

Its good to pay attention on their investment if they settle up first their basic needs first. This is the reason why its been suggested to use their discretionary income, so that they would never made any mistake on their investment and will not sell early if they face issues in life.

There's no need to rush here and its important that they are comfortable each time they accumulate. They can buy big if they made great stretch and have lots of discretionary funds left. What's important is consistency and full commitment on their Bitcoin investment.

[Rockson1]

Walking into investment without taking proper care of our basic needs and most important things then that investment journey will be so ruined because no matter the circumstances definitely the investor would surely ran back to their investment anytime they face little issues or any important things come up because they fail to handle them before investing.
 That why it always advisable to settle our needs before thinking of investing so we won’t ran to our investment anytime we face an emergency. Let settle our needs and set up a discretionary income to begin our journey of bitcoin investment for safe and sustainable investments.

We are not adviced to make use of funds meant for our basic needs to invest in Bitcoin rather we are to figure our discreationary income from our source of income or let me put in a way we will all understand it, the money left after we are done settling our basic needs I meant our essential needs that is exactly what we are encouraged to invest into Bitcoin, I think the problem with some investors is that they do not really understands this, they do not also know how to figure out their discretionary to income, they are ignorant to the extent that they just do things they way they want it without understanding that it might ruine their plans to continue as long-term investors, Bitcoin has a process, the procedure is our discreationary, the acumulation in progress then creation of emergency funds along side with the investment to Carter for any  unforseen circumstances that may come along the line as we continue to acumulate Bitcoin.

[Cossyblack]

You should hurry to start Bitcoin. Some new investors decide to start late to gain experience about Bitcoin, but they should start with any size of fund. Rushing to accumulate Bitcoin is not always a good idea, but it is a good idea for some investors. If you have the cash available, buy Bitcoin quickly before its price increases.
You should not rush if you are not disciplined in investing in Bitcoin for the long term. Consider a Bitcoin accumulation period of 4-10 years and be consistent. You should accumulate Bitcoin regularly using DCA method through discretionary income.

Bitcoin isn't an investment a newbie should rush into unless  they hav some basic knowledge and discretionary income because if they rush without having some basic knowledge about bitcoin,they can make wrong investment decisions. example. This is like asking someone who don't have driving skills or knowledge to drive a car, he obviously can't or would make mistakes while trying. There is no point in rushing as a newbies without having the basics knowledge, newbies should have some basic knowledge and discretionary income to invest in bitcoin over the long term and by continuously, persistently accumulating it they will become  acquainted with it.

[Alonso_]

I agree with you to some point, because whether small income or not it doesn't stop an investor from being aggressive in their Bitcoin accumulation because sometimes what matters is financial management skill, the kind of expenses they are taking care of because when someone has a good manage skill and doesn't have a challenging expenses, they will have a good discretionary income to be aggressive when there is Dip and even if the expenses is challenging they can still be aggressive if they have saved up some reasonable amount of money from their discretionary.

Actually, being aggressive at certain times is simply a way to capitalize on price drops, as they don't always happen in the market. Therefore, any investor who frequently bought Bitcoin in the past will prefer to take advantage of these moments to acquire more Bitcoin at that moment. So, such an attitude is temporary, whereas a wise attitude of regularly accumulating Bitcoin is the primary attitude of investors who are accumulating more Bitcoin to save for their future assets. And the good thing for Bitcoin is that if many investors adopt this approach, it will remain strong in the market without being affected by any issues.

You need to understand that buying aggressively is not something that you should take as a priority and also we need to know that when buying aggressively we don't need to be over aggressive so that we won't go and use money meant for other things and use it for the investment just because we saw an opening or an opportunity to get Bitcoin at such rate. Being aggressive is good no doubt but it doesn't have to be something that you save up for or wait until the market dips , the investor should be able to buy aggressively whenever he feels he is financially sustainable to acquire with that buying power which is solely dependant on his discretionary income at that moment because you can't be having a manageable discretionary income and then decide to buy aggressively and also you don't get to save up and wait for the market to dip and then buy aggressive, there is no guarantee on how the market is gonna move and you waiting for it to dip is simply buying like a trader which is not good because there will be so much opportunity that you would miss to buy your Bitcoin but rather just consistently buy through your DCA method and hold for it long term and in the course of your journey you have the available discretionary income to buy aggressively then you buy without hesitation since it won't affect you in any way whatsoever.

well I think not buying aggressively should be a personal decision if you have to take it as a priority or not, I will assume that there are individuals who have been buying bitcoin aggressively when they have enough discretionary income to buy bitcoin, you might not see it as aggressive but there are people who sees buying aggressive as an opportunity for them to accumulate more bitcoins into their portfolio, most especially when they come across an opportunity when the price of bitcoin is low and they’re having a dip in the price of bitcoin, they will always want to take the opportunity of buying and accumulating aggressively while they’re still buying through the DCA, so my personal thoughts is that buying aggressive is an option, as long as you’re buying aggressively with caution and you’re also taking care of your basic necessities of your expenses, however not everyone can buy aggressively because of short amount of discretionary income.

[BitBakerr1]

You're right because there's no real and serious Bitcoin investment that places more priority on profit than reaching his his target except for those that are traders, traders are known for their profit hunting, that's what they try to do whatever analysis that I don't know for the purpose of their unrealistic goals and anyone that sounds in such manner should be consider himself as a trader.
It gets to me badly when I hear people talking about profit as if they have been investing and accumulating Bitcoin for a very long time, do we even need to tamper out Bitcoin as invetsors, some people think that one they make profit, the next thing is to withdraw it, if so, what is the purpose of calling oneself a real long-term investment.

Investors that their major concern is to make profit from Bitcoin investment are not good hodlers.  They may not have specific time of when to take profit from their investment but because of the essence why they are investing is to make profit.  Investing to make profit from Bitcoin is not bad  but it is good for investors to know their is more to just make profit  im Bitcoin investment. Bitcoin investment is also a store value that people can invest for the future. If you understand the value of Bitcoin and where the price of Bitcoin is heading to, making profit will be the least thing to think about but to invest and hodl Bitcoin.

I don’t understand what you are saying everyone that is investing in bitcoin is doing that in order to make profit. The only thing is that some set of people wants to make the profit in a short term why others wants to make the profit in the longer term, the major reason why everyone is investing in bitcoin is to make profit if you are using bitcoin at a store value for future gain it is still for profit making so when you are investing in bitcoin or when you plan to invest in bitcoin, you have profit making in your mind, if bitcoin does not give profit I’m not sure you will be investing in bitcoin so let’s be real when talking about bitcoin investment.
The first thing that enters everybody’s mind when they hear about bitcoin and when they want to invest into bitcoin is profit making and it’s financial freedom. If anyone has another reason please let’s hear it.

[Princess Leah]

I don’t understand what you are saying everyone that is investing in bitcoin is doing that in order to make profit. The only thing is that some set of people wants to make the profit in a short term why others wants to make the profit in the longer term, the major reason why everyone is investing in bitcoin is to make profit if you are using bitcoin at a store value for future gain it is still for profit making so when you are investing in bitcoin or when you plan to invest in bitcoin, you have profit making in your mind, if bitcoin does not give profit I’m not sure you will be investing in bitcoin so let’s be real when talking about bitcoin investment.
The first thing that enters everybody’s mind when they hear about bitcoin and when they want to invest into bitcoin is profit making and it’s financial freedom. If anyone has another reason please let’s hear it.

People invest in Bitcoin for different reasons, some as a store of value, hedge against inflation, or maybe because of the decentralized nature. Although there would be profits in long-term but that shouldn't be an investors priority, investors should focus on the goal instead if putting profits at the beginning, such would only lead to emotions when volatility strikes.

 However investors should focus on building their portfolio and not bother about what they stand to profit, thinking about profits is what makes people deviate from the goal of holding longer and take profits for short-term which is a traders behavior. When running a race you don't think of a medal you're yet to win but focus on being the best runner so you'll win it in other words if investors don't do everything possible to achieve their goals how would they profit or get better profits that would warrant financial freedom?

[sotelorene]

You should hurry to start Bitcoin. Some new investors decide to start late to gain experience about Bitcoin, but they should start with any size of fund. Rushing to accumulate Bitcoin is not always a good idea, but it is a good idea for some investors. If you have the cash available, buy Bitcoin quickly before its price increases.
You should not rush if you are not disciplined in investing in Bitcoin for the long term. Consider a Bitcoin accumulation period of 4-10 years and be consistent. You should accumulate Bitcoin regularly using DCA method through discretionary income.

Bitcoin isn't an investment a newbie should rush into unless  they hav some basic knowledge and discretionary income because if they rush without having some basic knowledge about bitcoin,they can make wrong investment decisions. example. This is like asking someone who don't have driving skills or knowledge to drive a car, he obviously can't or would make mistakes while trying. There is no point in rushing as a newbies without having the basics knowledge, newbies should have some basic knowledge and discretionary income to invest in bitcoin over the long term and by continuously, persistently accumulating it they will become  acquainted with it.

You are right but your illustration doesn't really match with what you are saying because asking someone who doesn't know how to drive is almost like a suicide mission they would not know how to control stirring, they won't know how to match the break and a lot of things and someone who doesn't know all these things will not try it but Bitcoin investment is a different thing entirely but like you said it is very risky to hesitate in Bitcoin investment when we don't have the necessary things that will grant us a safe and smooth investment.

[Kelward]

Walking into investment without taking proper care of our basic needs and most important things then that investment journey will be so ruined because no matter the circumstances definitely the investor would surely ran back to their investment anytime they face little issues or any important things come up because they fail to handle them before investing.
 That why it always advisable to settle our needs before thinking of investing so we won’t ran to our investment anytime we face an emergency. Let settle our needs and set up a discretionary income to begin our journey of bitcoin investment for safe and sustainable investments.

We are not adviced to make use of funds meant for our basic needs to invest in Bitcoin rather we are to figure our discreationary income from our source of income or let me put in a way we will all understand it, the money left after we are done settling our basic needs I meant our essential needs that is exactly what we are encouraged to invest into Bitcoin, I think the problem with some investors is that they do not really understands this, they do not also know how to figure out their discretionary to income, they are ignorant to the extent that they just do things they way they want it without understanding that it might ruine their plans to continue as long-term investors, Bitcoin has a process, the procedure is our discreationary, the acumulation in progress then creation of emergency funds along side with the investment to Carter for any  unforseen circumstances that may come along the line as we continue to acumulate Bitcoin.

As a Bitcoin investor who wants to accumulate and hold for many years it is of paramount importance that you should understand financial management so that you will know how much is convenient for you to use in buying and also if your income qualifies you to buy. Financial management basically comes down to budgeting your income by priotizing your needs and wants according to their importance to you, if you are able to do this you will know what will go into your discretionary funds after taking care of your basic expenses.

If you have figured out your discretionary funds all you have to do is figure out from it how much is comfortable for you to buy Bitcoin with and you can be doing DCA based on the amount that you decide. You can always readjust your discretionary expenditures if there is a need for it.

[Promocodeudo]

I don’t understand what you are saying everyone that is investing in bitcoin is doing that in order to make profit. The only thing is that some set of people wants to make the profit in a short term why others wants to make the profit in the longer term, the major reason why everyone is investing in bitcoin is to make profit if you are using bitcoin at a store value for future gain it is still for profit making so when you are investing in bitcoin or when you plan to invest in bitcoin, you have profit making in your mind, if bitcoin does not give profit I’m not sure you will be investing in bitcoin so let’s be real when talking about bitcoin investment.
The first thing that enters everybody’s mind when they hear about bitcoin and when they want to invest into bitcoin is profit making and it’s financial freedom. If anyone has another reason please let’s hear it.

Want to get your point mate, are you trying to say that there are no invetsors that are investing in Bitcoin because it is a store of value, store wealth and inflationary free? You sound as if the primary reason of all investors in Bitcoin investment is profit, if that's what you meant then I disagree with you because if profit happens to be everyone primary concern, there people that made enough profit during the ATH of about $126k but the didn't withdraw because they actually understand the setting and know that Bitcoin keeps building up values overtime and for that there's no reason to rush into taking profit, I'd like it where you mentioned freedom too thanks for reminding me that freedom is why some persons venture into Bitcoin investment, just to end it all though profit is important but making it look as if it is the only thing here is what I  won't agree to.

[NewRevelation]

Walking into investment without taking proper care of our basic needs and most important things then that investment journey will be so ruined because no matter the circumstances definitely the investor would surely ran back to their investment anytime they face little issues or any important things come up because they fail to handle them before investing.
 That why it always advisable to settle our needs before thinking of investing so we won’t ran to our investment anytime we face an emergency. Let settle our needs and set up a discretionary income to begin our journey of bitcoin investment for safe and sustainable investments.

We are not adviced to make use of funds meant for our basic needs to invest in Bitcoin rather we are to figure our discreationary income from our source of income or let me put in a way we will all understand it, the money left after we are done settling our basic needs I meant our essential needs that is exactly what we are encouraged to invest into Bitcoin, I think the problem with some investors is that they do not really understands this, they do not also know how to figure out their discretionary to income, they are ignorant to the extent that they just do things they way they want it without understanding that it might ruine their plans to continue as long-term investors, Bitcoin has a process, the procedure is our discreationary, the acumulation in progress then creation of emergency funds along side with the investment to Carter for any  unforseen circumstances that may come along the line as we continue to acumulate Bitcoin.

As a Bitcoin investor who wants to accumulate and hold for many years it is of paramount importance that you should understand financial management so that you will know how much is convenient for you to use in buying and also if your income qualifies you to buy. Financial management basically comes down to budgeting your income by priotizing your needs and wants according to their importance to you, if you are able to do this you will know what will go into your discretionary funds after taking care of your basic expenses.

If you have figured out your discretionary funds all you have to do is figure out from it how much is comfortable for you to buy Bitcoin with and you can be doing DCA based on the amount that you decide. You can always readjust your discretionary expenditures if there is a need for it.

Yea, proper income allocation and management is very neccessary and this is why every investor must be able to do it if you really want to invest and HODL for long term.

An investor might have enough discretionary, but if there is lack of proper allocation skill or income management, then, he .ight end up investing rather too heavy and suffer other needs, or invest too little and slow down his portfolio unknowingly. Whichever it goes, it will surely affect his investment and/or portfolio. Of course, as time goes on, he will learn better ways on how to do this and or best way that suits him and/or his income or cash flow. Thus, having a good skill and/or knowledge of proper income allocation and management is necessary and will help you invest in a better way and grow your investment with less panic and stress

[Negotiation]

invest without having to trouble themselves meaning that today the income they have, for example is 50%, of course the person will do it with 30% to accumulate Bitcoin while the remaining 20% ​​is only for needs that must be spent meaning that every time they accumulate the person must see how much income they have during the week and likewise sometimes they have more sources of income than what we mentioned earlier they must also do it in a way that does not make it difficult for someone to live their life

I think that it's absolutely wrong to be investing in Bitcoin like that because you are definitely going to run into trouble doing it that way. You have to take proper care of your basic needs first, then any money that is left, which is your discretionary income is what you should be investing with, not investing first before taking care of your basic needs with what is left. It's wrong and you will fall into trouble in no distance time,  which will compel you to sell off your holdings just to address some of your basic needs that was not addressed before investing, so it's more important to sort of your basic needs first, before thinking of investing with the discretionary income left.

Walking into investment without taking proper care of our basic needs and most important things then that investment journey will be so ruined because no matter the circumstances definitely the investor would surely ran back to their investment anytime they face little issues or any important things come up because they fail to handle them before investing.
 That why it always advisable to settle our needs before thinking of investing so we won’t ran to our investment anytime we face an emergency. Let settle our needs and set up a discretionary income to begin our journey of bitcoin investment for safe and sustainable investments.

If your basic needs are met you will not panic even if the price drops in a volatile market like bitcoin you know that your daily life does not depend on this investment. Since you see bitcoin as a journey, the power to hold here comes from some other source of income or savings. Investing in bitcoin will be a tool to build a secure future not a cause for concern but it is better to step into bitcoin or any asset after meeting basic needs and creating a stable foundation.

[Shineup]

I don’t understand what you are saying everyone that is investing in bitcoin is doing that in order to make profit. The only thing is that some set of people wants to make the profit in a short term why others wants to make the profit in the longer term, the major reason why everyone is investing in bitcoin is to make profit if you are using bitcoin at a store value for future gain it is still for profit making so when you are investing in bitcoin or when you plan to invest in bitcoin, you have profit making in your mind, if bitcoin does not give profit I’m not sure you will be investing in bitcoin so let’s be real when talking about bitcoin investment.
The first thing that enters everybody’s mind when they hear about bitcoin and when they want to invest into bitcoin is profit making and it’s financial freedom. If anyone has another reason please let’s hear it.

Want to get your point mate, are you trying to say that there are no invetsors that are investing in Bitcoin because it is a store of value, store wealth and inflationary free? You sound as if the primary reason of all investors in Bitcoin investment is profit, if that's what you meant then I disagree with you because if profit happens to be everyone primary concern, there people that made enough profit during the ATH of about $126k but the didn't withdraw because they actually understand the setting and know that Bitcoin keeps building up values overtime and for that there's no reason to rush into taking profit, I'd like it where you mentioned freedom too thanks for reminding me that freedom is why some persons venture into Bitcoin investment, just to end it all though profit is important but making it look as if it is the only thing here is what I  won't agree to.

Ideally really investors are not necessarily as focused on profits making even while they are anticipating that there is possibilities of them being in profits by the virtue of holding bitcoin for long term, a good investor gives more attention to the quantity of Bitcoin that they can be able to accumulate than focusing on profit, this is because the quantity of your Bitcoin is what should put you in the position of whether you are to talk about profits or to keep adding to the one you have, everyone want profits in Bitcoin but that shouldn't authenticate your drives as an investor.

[laspol65]

Investors that their major concern is to make profit from Bitcoin investment are not good hodlers.  They may not have specific time of when to take profit from their investment but because of the essence why they are investing is to make profit.  Investing to make profit from Bitcoin is not bad  but it is good for investors to know their is more to just make profit  im Bitcoin investment.

It is best to hold Bitcoin for the long term, those who hold Bitcoin for a short period of time will mainly face danger and are more likely to lose money from their investment. But those who hold Bitcoin for the long term will definitely be able to make a profit, that is why you should have mentioned here that holding Bitcoin for the long term is the best option, but those who hold it for the short term are basically fools and will not be able to make enough profit from Bitcoin investment. So if you want to invest in Bitcoin, holding it for the long term is the best plan.

Bitcoin investment is also a store value that people can invest for the future. If you understand the value of Bitcoin and where the price of Bitcoin is heading to, making profit will be the least thing to think about but to invest and hodl Bitcoin.

If you are holding Bitcoin for the long term, then of course there is no need to research the price, in this you can buy Bitcoin continuously and hold for a long time. Whenever you think about the Bitcoin price, greed can arise inside you, and people who are looking for profit will make you ugly and you may give up Bitcoin investment. So if you want to hold for the long term, it is best for you not to worry about the Bitcoin price.

[Qhunman]

I don’t understand what you are saying everyone that is investing in bitcoin is doing that in order to make profit. The only thing is that some set of people wants to make the profit in a short term why others wants to make the profit in the longer term, the major reason why everyone is investing in bitcoin is to make profit if you are using bitcoin at a store value for future gain it is still for profit making so when you are investing in bitcoin or when you plan to invest in bitcoin, you have profit making in your mind, if bitcoin does not give profit I’m not sure you will be investing in bitcoin so let’s be real when talking about bitcoin investment.
The first thing that enters everybody’s mind when they hear about bitcoin and when they want to invest into bitcoin is profit making and it’s financial freedom. If anyone has another reason please let’s hear it.

In the nutshell you are saying people invest in bitcoin ibecause they want to make to profits, Yes I agree with you but that people invest in bitcoin to make profits but it isn't everyone. We also have people who are using Bitcoin as a store of value rather than for profit. They aren't interested in profits because they are rich they are only interested in using it as a store of value to saves generational wealth for their heirs or children.
The way you stated, it seems you invested in bitcoin to make profits but you shouldn't generalise this as a reasons why everyone else is investing in bitcoin as we all have different reason for investing in bitcoin. For the fact that Mr A is investing in bitcoin to make profits shouldn't give you the impression that Mr B is also investing in bitcoin to make profits. The point I wan to make it is that our reasons for investing in bitcoin varies.

[cxtreenal]

Ideally really investors are not necessarily as focused on profits making even while they are anticipating that there is possibilities of them being in profits by the virtue of holding bitcoin for long term, a good investor gives more attention to the quantity of Bitcoin that they can be able to accumulate than focusing on profit, this is because the quantity of your Bitcoin is what should put you in the position of whether you are to talk about profits or to keep adding to the one you have, everyone want profits in Bitcoin but that shouldn't authenticate your drives as an investor.

I don't see the similarity between the first paragraph and the last paragraph you mentioned. The main point of investment is to make a profit and there is no need to differentiate this issue ideologically or strategically. Some want profit in a short period of time and some expect profit after a long period of time. The only difference between them is prudence and intelligent investors and short term traders.

If you focus too much on making a profit in the initial stage of Bitcoin investment, it may not be easy to take it to a long term investment because you are counting a profit before holding. Consider the initial period of Bitcoin accumulation as 4 years and increase the amount of deposit with the increase in income and develop a target of another 4 or 6 years. That is why we suggest a period of 4-10 years or more as the Bitcoin accumulation period. Even if the Bitcoin objective is to make a profit, you will need to accumulate regularly until that specified time.