JJG’s Outline of Bitcoin Investment Ideas

[ruykeri]

Although many people say that this hope is highly unlikely what is clear is that as long as we are working to increase our confidence over time that Bitcoin will be a crucial asset for our future there's no need to listen to what others say. When we become people who understand and comprehend the promise Bitcoin offers investors our confidence will continue to improve. This becomes our guideline for what we will have for our future. Having assets in the form of the amount of Bitcoin we have held over several years will certainly make it a highly speculative asset.

Many people still comment and think  that Bitcoin is risky, speculative, uncertain, and will even lose its value in the future. These cannot be dismissed in a word. Because nothing is guaranteed. But Bitcoin has things like scarcity, decentralization, security, and playing a big role against inflation. we will gradually build trust, but distrust will not disappear completely. For this reason, we should keep a balance mindset when investing in Bitcoin. We have to accept that it is risky and move forward. And it is very important to have discretionary income, back up fund, and long term mindset when investing. Keep one thing in mind, if you lose after investing in Bitcoin, you will lose a maximum of 100%. All your funds can be lost. But if you think about profit, Bitcoin has the ability and possibility to give you 2x, 3x, 5x, 7x, and even 10x+ profit.

There's no need to know what will happen for example in the next few years. What's clear is that we continue to strive to implement our activities based on our understanding. Predicting prices is not our responsibility. However we must have our own knowledge of every market event to avoid making mistakes in our future decisions. Another reason is that we have the assets we hold so when we understand market conditions we won't be left behind. Essentially we hope to maintain our confidence and be able to experience the benefits of having a certain amount of assets. We can sell it at a price that may be in accordance with our expectations.

It is not possible to predict what the price of Bitcoin will be in the future. Therefore, it is best not to depend on price predictions in our investment. Our investment should depend on our income and financial situation. Where as if we invest systematically according to proper planning, there will be no need for price prediction and market timing. And we should not create a mindset by mixing Bitcoin with all types of assets. Bitcoin is an asset whose price is very volatile, but has the potential for good profit in the long term. Therefore, it is important to focus on long term DCA without relying on price predictions in the beginning and not focusing too much on hold and sell.

[GhostOfBitcoin]

-snip-
 not guaranteed

Yes, my friend, I agree with you that there is no thing as a guarantee in the crypto market. Bitcoin is really an experiment with money around the world not something you invest in.. For people who are scared of losing money when they invest for a long time doing something called DCA for short can be a really good idea. In our country a lot of people get very excited. Put all their money in at once which is a big risk when the market is all, over the place.

When the price of Bitcoin goes down the security of the Bitcoin network and the number of people using it are getting better every day. If you are thinking about what will happen in the 10 to 20 years you should pay attention to the fact that there is only so much Bitcoin available and that it is not controlled by any one person or group rather than just looking at the price. It is smart to stay calm when the market goes down and not sell your Bitcoin in a panic. At the end of the day Bitcoin is something that can be very risky but very rewarding so you should only put in money that you can afford to lose your Bitcoin investment.

[IgboBTC]

You can't compare an investors and traders who focus is on making quicker profits by all means, it is very obvious is not certain that investing in Bitcoin can be guarantee of being successful in any year soon and  yet investors don't give up in accumulating and buying aggressively, due to Bitcoin price can turn out fluctuate in a way of enriching the Bitcoin holders, that is why an investors don't need stop back from buying Bitcoin as regularly he can buy with discretionary income.

Look at the historical price movement of Bitcoin over the past fifteen years, it's a clear evidence that it's on the rise, and long term holders of it are the biggest benefactor, so even though nothing is guaranteed tomorrow, but we all can be confident that Bitcoin will keep on appreciating because it's no where near it peak price.
So buying and accumulating it even though we are not certain of tomorrow is ideal, because it has already proven itself that it's one of the most reliable investment out there, that can make you rich if you can accumulate a huge stash of it and hold for a very long period of time, since it hasn't gotten to it peak potential yet.

I think Bitcoin is an investment because of what it has done over the past 15 years. The fact that there are 21 million Bitcoins and the Halving events have helped the price of Bitcoin go up over time.

From what I have seen just putting money into Bitcoin is not enough. You need to know about the market and how to manage risk. Bitcoin is like gold but its price can change a lot, which can be scary, for new investors. So people who invest in Bitcoin for a time using the Dollar Cost Averaging method are the ones who do the best.

Now big companies are starting to invest in Bitcoin, which makes it even stronger. I believe Bitcoin is still very new and as technology gets better we will see its potential or what some people call Hyperbitcoinization. To do well with Bitcoin you need to be patient and have a plan.

[SmartCharpa]

...future profit is also guaranteed for long term investors.

Those that has being holding bitcoin for more than 5 years are more successful than those that has been trading in other to make quick profit. Bitcoin investment is best suitable for long term holding. However the fact that we are holding bitcoin for a long term doesn't mean that we can say with all certainty that our bitcoin investment is going to be successful at the end of our investment timeline or in the future. Holding bitcoin for a long term is more rewarding than trading it but the fact that we are holding for long term isn't a guarantee that our bitcoin investment is going to be successful in the future

You can't compare an investors and traders who focus is on making quicker profits by all means, it is very obvious is not certain that investing in Bitcoin can be guarantee of being successful in any year soon and  yet investors don't give up in accumulating and buying aggressively, due to Bitcoin price can turn out fluctuate in a way of enriching the Bitcoin holders, that is why an investors don't need stop back from buying Bitcoin as regularly he can buy with discretionary income.

Long term investment is quite different from those who are after quick returns does not mean that long term investors guarantee success. Long term investors has a good chance to become successful in bitcoin than short term investors, because they have patience to hold on to their bitcoin no matter what happens, they hold for many years. In trading you can lose everything since you and I do not have power over the price.

Long term investment can reduce stress because an investor will not care about the market whether it is going up or up, but it does not bring quick gains as you assume, you must be patient and stay consistent with your strategy. You will benefit from your long term investment if it grow over time, instead of chasing quick profit that involves high chance of losing everything.

[Grease5000]

Although many people say that this hope is highly unlikely what is clear is that as long as we are working to increase our confidence over time that Bitcoin will be a crucial asset for our future there's no need to listen to what others say. When we become people who understand and comprehend the promise Bitcoin offers investors our confidence will continue to improve. This becomes our guideline for what we will have for our future. Having assets in the form of the amount of Bitcoin we have held over several years will certainly make it a highly speculative asset.

Many people still comment and think  that Bitcoin is risky, speculative, uncertain, and will even lose its value in the future. These cannot be dismissed in a word. Because nothing is guaranteed. But Bitcoin has things like scarcity, decentralization, security, and playing a big role against inflation. we will gradually build trust, but distrust will not disappear completely. For this reason, we should keep a balance mindset when investing in Bitcoin. We have to accept that it is risky and move forward. And it is very important to have discretionary income, back up fund, and long term mindset when investing. Keep one thing in mind, if you lose after investing in Bitcoin, you will lose a maximum of 100%. All your funds can be lost. But if you think about profit, Bitcoin has the ability and possibility to give you 2x, 3x, 5x, 7x, and even 10x+ profit.

There's no need to know what will happen for example in the next few years. What's clear is that we continue to strive to implement our activities based on our understanding. Predicting prices is not our responsibility. However we must have our own knowledge of every market event to avoid making mistakes in our future decisions. Another reason is that we have the assets we hold so when we understand market conditions we won't be left behind. Essentially we hope to maintain our confidence and be able to experience the benefits of having a certain amount of assets. We can sell it at a price that may be in accordance with our expectations.

It is not possible to predict what the price of Bitcoin will be in the future. Therefore, it is best not to depend on price predictions in our investment. Our investment should depend on our income and financial situation. Where as if we invest systematically according to proper planning, there will be no need for price prediction and market timing. And we should not create a mindset by mixing Bitcoin with all types of assets. Bitcoin is an asset whose price is very volatile, but has the potential for good profit in the long term. Therefore, it is important to focus on long term DCA without relying on price predictions in the beginning and not focusing too much on hold and sell.

I get what you’re saying, and I agree with the idea. Believing in Bitcoin long term is important, and that belief is what helps investors stay consistent when others doubt it. But at the same time, he should stay focused and keep learning, not just rely on conviction alone.

The real value comes from steady accumulation over time. If he focuses on building his position gradually and stays patient, the results will speak for themselves. In the end, it’s not about what others think  or say it’s about how consistently he keeps showing up and accumulating bitcoin.

[Showlove01]

Although many people say that this hope is highly unlikely what is clear is that as long as we are working to increase our confidence over time that Bitcoin will be a crucial asset for our future there's no need to listen to what others say. When we become people who understand and comprehend the promise Bitcoin offers investors our confidence will continue to improve. This becomes our guideline for what we will have for our future. Having assets in the form of the amount of Bitcoin we have held over several years will certainly make it a highly speculative asset.

Many people still comment and think  that Bitcoin is risky, speculative, uncertain, and will even lose its value in the future. These cannot be dismissed in a word. Because nothing is guaranteed. But Bitcoin has things like scarcity, decentralization, security, and playing a big role against inflation. we will gradually build trust, but distrust will not disappear completely. For this reason, we should keep a balance mindset when investing in Bitcoin. We have to accept that it is risky and move forward. And it is very important to have discretionary income, back up fund, and long term mindset when investing. Keep one thing in mind, if you lose after investing in Bitcoin, you will lose a maximum of 100%. All your funds can be lost. But if you think about profit, Bitcoin has the ability and possibility to give you 2x, 3x, 5x, 7x, and even 10x+ profit.

There's no need to know what will happen for example in the next few years. What's clear is that we continue to strive to implement our activities based on our understanding. Predicting prices is not our responsibility. However we must have our own knowledge of every market event to avoid making mistakes in our future decisions. Another reason is that we have the assets we hold so when we understand market conditions we won't be left behind. Essentially we hope to maintain our confidence and be able to experience the benefits of having a certain amount of assets. We can sell it at a price that may be in accordance with our expectations.

It is not possible to predict what the price of Bitcoin will be in the future. Therefore, it is best not to depend on price predictions in our investment. Our investment should depend on our income and financial situation. Where as if we invest systematically according to proper planning, there will be no need for price prediction and market timing. And we should not create a mindset by mixing Bitcoin with all types of assets. Bitcoin is an asset whose price is very volatile, but has the potential for good profit in the long term. Therefore, it is important to focus on long term DCA without relying on price predictions in the beginning and not focusing too much on hold and sell.

I get what you’re saying, and I agree with the idea. Believing in Bitcoin long term is important, and that belief is what helps investors stay consistent when others doubt it. But at the same time, he should stay focused and keep learning, not just rely on conviction alone.

The real value comes from steady accumulation over time. If he focuses on building his position gradually and stays patient, the results will speak for themselves. In the end, it’s not about what others think  or say it’s about how consistently he keeps showing up and accumulating bitcoin.

Believing in Bitcoin long term is not the only thing that keeps an Investors stay consistent in their accumulation but rather having a good discretionary income and having a good financial management skill are the major things that helps an investor stay consistent. Because believing in Bitcoin without a discrestionary income will amount to nothing and some people who believe in Bitcoin are not consistent because of unavailability of discretionary income and lack of good financial management skill.

[New Judgement]

You can't compare an investors and traders who focus is on making quicker profits by all means, it is very obvious is not certain that investing in Bitcoin can be guarantee of being successful in any year soon and  yet investors don't give up in accumulating and buying aggressively, due to Bitcoin price can turn out fluctuate in a way of enriching the Bitcoin holders, that is why an investors don't need stop back from buying Bitcoin as regularly he can buy with discretionary income.

Look at the historical price movement of Bitcoin over the past fifteen years, it's a clear evidence that it's on the rise, and long term holders of it are the biggest benefactor, so even though nothing is guaranteed tomorrow, but we all can be confident that Bitcoin will keep on appreciating because it's no where near it peak price.
So buying and accumulating it even though we are not certain of tomorrow is ideal, because it has already proven itself that it's one of the most reliable investment out there, that can make you rich if you can accumulate a huge stash of it and hold for a very long period of time, since it hasn't gotten to it peak potential yet.

From what I have seen just putting money into Bitcoin is not enough. You need to know about the market and how to manage risk. Bitcoin is like gold but its price can change a lot, which can be scary, for new investors. So people who invest in Bitcoin for a time using the Dollar Cost Averaging method are the ones who do the best.

Bitcoin is not like gold, bitcoin is bitcoin. Bitcoin qualities are different from that of gold, so I don’t see the need for that comparison. Bitcoin has a fixed supply while gold has an infinite supply. Gold is a free gift of nature, while bitcoin don’t occur naturally it was invented just like fiat. I know why you are saying bitcoin is just like gold, both are distinctively different.

[Umulala-alala]

You can't compare an investors and traders who focus is on making quicker profits by all means, it is very obvious is not certain that investing in Bitcoin can be guarantee of being successful in any year soon and  yet investors don't give up in accumulating and buying aggressively, due to Bitcoin price can turn out fluctuate in a way of enriching the Bitcoin holders, that is why an investors don't need stop back from buying Bitcoin as regularly he can buy with discretionary income.

Look at the historical price movement of Bitcoin over the past fifteen years, it's a clear evidence that it's on the rise, and long term holders of it are the biggest benefactor, so even though nothing is guaranteed tomorrow, but we all can be confident that Bitcoin will keep on appreciating because it's no where near it peak price.
So buying and accumulating it even though we are not certain of tomorrow is ideal, because it has already proven itself that it's one of the most reliable investment out there, that can make you rich if you can accumulate a huge stash of it and hold for a very long period of time, since it hasn't gotten to it peak potential yet.

I think Bitcoin is an investment because of what it has done over the past 15 years. The fact that there are 21 million Bitcoins and the Halving events have helped the price of Bitcoin go up over time.

From what I have seen just putting money into Bitcoin is not enough. You need to know about the market and how to manage risk. Bitcoin is like gold but its price can change a lot, which can be scary, for new investors. So people who invest in Bitcoin for a time using the Dollar Cost Averaging method are the ones who do the best.

Now big companies are starting to invest in Bitcoin, which makes it even stronger. I believe Bitcoin is still very new and as technology gets better we will see its potential or what some people call Hyperbitcoinization. To do well with Bitcoin you need to be patient and have a plan.

Bitcoin is an investment if you are buying and holding for long because you can't be buying and selling bitcoin and still call it an investment that's just trading. You can start investing in bitcoin if you have known the basic of bitcoin and also have your discretionary income available it's when you are buying that's how you will be knowing more about bitcoin investment, again bitcoin and gold are different asset which we shouldn't compare both together, bitcoin is volatile and also a store of value if hodl for long.

[Cyber_warrior]

Long term investment is quite different from those who are after quick returns does not mean that long term investors guarantee success. Long term investors has a good chance to become successful in bitcoin than short term investors, because they have patience to hold on to their bitcoin no matter what happens, they hold for many years. In trading you can lose everything since you and I do not have power over the price.

Long term investment can reduce stress because an investor will not care about the market whether it is going up or up, but it does not bring quick gains as you assume, you must be patient and stay consistent with your strategy. You will benefit from your long term investment if it grow over time, instead of chasing quick profit that involves high chance of losing everything.

Of course long term investment doesn't guarantee profits or success it only increase our chances of success since Bitcoin is fundamentally a long term asset that gains it's value with time so the chances of benefitting from it is higher compared to those that invest for a short period of time.
It's DCA that automatically reduces the stress with timing the market not just holding for a long time. Although having a long time mindset helps you to ignore the price movements.

[JayJuanGee]

[edited out]

......I only learned from my own experience that previously (if I'm not mistaken in 2023) I was forced to sell my Bitcoin assets due to urgent needs, I still remember at that time I started buying at a price of $ 25k and I sold it at a price of $ 37k and not long after that (less than 4 months) Bitcoin skyrocketed to a price of $ 62k, yep that's 2x the price of my sale.

Yep.  There are many folks who get distracted into selling too many bitcoin too soon.  Hopefully, we are able to learn from those kinds of mistakes.

and also have other businesses outside of my main job.

Sure.. more than one job can include more expenses too, in the context of a business, yet sure some businesses do not require a lot of capital, so there can be various sources of income that can be taken into account in terms of calculating income/expenses and also considering back up sources of funds.

The goal is simple: if something unexpected happens that requires me to spend money, I won't have to touch my Bitcoin assets because I have an emergency fund and income from my side business to cover the problem.

Nothing wrong with that, yet if we are investing in bitcoin, we still have to determine on a regular basis the extent to which we are putting money into bitcoin versus putting money into our business and/or determining how much back up funds to keep based on both personal expenses and also business expenses (as you mentioned).  I doubt that any of the matters are simple, even though guys can get into routines in which they are largely balancing all of their income and expenses and they are still able to build their bitcoin investment and to build up their back up funds, so the skills and knowledge might be relatively basic (or simple) but there still may well be advantages in practice and learning how to balance levels of chosen aggressiveness based on practice.  It is likely more comfortable when we have built up work and even cashflow management systems that generate decently high levels of discretionary income versus if we might be struggling to make sure that our income covers all of our monthly expenses (both business related and personal related).

One good thing with having a side business is that it serves too as your backup asset and a fallback plan in the event of a job loss, you'll not feel the impact so much compared to someone who doesn't have any. Sometimes it is good to diversify into a business model if you have a bright idea, maybe you have been buying bitcoin with DCA consistently for a cycle, you can choose to diversify into a business(while you continue holding your portfolio). When you must have successfully built out your business, you can keep it running and return to building your portfolio, and in the event your business starts getting profitable, you can still use the proceeds to increase your buying amount and build your portfolio at a faster rate to overaccumulation. It is realistic when people build out a vehicle or more that tends to give them the financial cushion to continue investing into bitcoin at the pace they want, and looking to increase your income to have a bigger buying amount might come from you actually building a source yourself.

Sure.  Even though a side business or a side income does not replace good financial management and/or keeping back up funds, it can surely provide extra funds in certain kinds of circumstances that the guy is able generate such funds by carrying out the duties /requirements to keep the second income source going.

Yes, your first task is to ensure you have a steady and stable income. However, this doesn't mean you can immediately start investing once you have it. The point is, first check to see if you have any income left over after you've covered all your monthly living expenses. If there isn't, I don't think you should force it.
You don't have to have steady/stable income in order to start to invest in bitcoin.

However, it may be better to have some form of steady/stable income in order to project abilities to pay expenses into the future, which can be a concern if we are deciding to put some money into bitcoin and also that when we buy bitcoin we are locking that money up for 4-10 years or longer so there likely are some needs to have some expectations of future income even though steady/stable income is not necessary to get started buying bitcoin.

Personally I don’t think you need a stable source of income to get started with bitcoin investment, considering that you have a discretionary income you can get started as little as it is, when I started investing in bitcoin 4 years ago I didn’t have a stable source of income, but I was doing some little jobs and still I got started with my bitcoin investment and I wasn’t very consistent only when I had a discretionary income I was able to buy and accumulate bitcoin.

However when I started having stable source of income, it gave me an edge to have the abilities to take care of my expenses and my bills more efficiently, which also it gave me that opportunity to have more stable ability and remain consistent in buying and accumulating my bitcoin, it was a kind of different when I didn’t have a stable source of income, I was accumulating but was still struggling to have a discretionary income to buy bitcoin, so everything was different with being comfortable to accumulate and pay my expenses when I had a stable/steady source of income.

You quoted me incorrectly Jostern.  I struck out the part that I did not say.

[nara1892]

From what I have seen just putting money into Bitcoin is not enough. You need to know about the market and how to manage risk. Bitcoin is like gold but its price can change a lot, which can be scary, for new investors. So people who invest in Bitcoin for a time using the Dollar Cost Averaging method are the ones who do the best.

Bitcoin is not like gold, bitcoin is bitcoin. Bitcoin qualities are different from that of gold, so I don’t see the need for that comparison. Bitcoin has a fixed supply while gold has an infinite supply. Gold is a free gift of nature, while bitcoin don’t occur naturally it was invented just like fiat. I know why you are saying bitcoin is just like gold, both are distinctively different.

There's a clear difference. Bitcoin is a digital asset, while gold is a physical asset, but both are hedges. You've correctly stated that one difference is that Bitcoin is limited, while gold is the opposite. Bitcoin has very high volatility and is also riskier than gold. However, in terms of profit potential, Bitcoin can be more significant, especially if accumulated over the long term. Everyone has their own preferences, depending on their readiness to address and face the risks.
This isn't something to compare, as both have their own advantages and disadvantages.

[Ashawowo(OS)]

Each person's goals and objectives are different. Many people like to withdraw profits from Bitcoin or many people like to hold it for the future.

it is pertinent to point out that people in this category are not actually investing in bitcoin but trading it. Trading is never the best way to get involved in bitcoin because their portfolio will not be growing healthily and they may never record long-term success. Most traders remain low coiners for a very long time and that is no success in bitcoin. You succeed in your bitcoin investment when you've accumulated a good portfolio for yourself and reached your investment target or even surpassed it and I doubt traders can ever identify to recording such success. Bitcoin is for future profitability and there is no wisdom in shaving off peanuts now when there is a chance of enjoying greater profits in the future when the price of bitcoin compounds on our investment and it is worth much more.

I don’t agree with you, when you are investing in bitcoin for long term theirs big hope of you making profit, it is when you are investing in bitcoin for a short period of time that’s when making profit is not certain but as long as you are investing in bitcoin for long term you are sure of making profit in the long run, so don’t say no matter how long one invest in bitcoin one is not certain of making profit that’s not true, long term investment in bitcoin is usually certain of profit.

Nothing is guaranteed as far as it has to do with Bitcoin investment that is what we have been saying and thats because of price fluctuations and volatility

I still stand by my word, when you say nothing is guaranteed in bitcoin investment because of fluctuations and volatility of bitcoin it is for those who are trading bitcoin or investing just for short term, if you are investing in bitcoin for long term you won’t be affected by bitcoin fluctuations or volatility, it is only those who are investing in bitcoin for short term that are affected by bitcoin volatility.
Bitcoin has been in existence for long now and it has proven that it is trustworthy especially for those who are accumulating and holding it for longer term let say 5 years and above.
You can’t be accumulating and holding bitcoin for 5 to 10 years and you are affected by bitcoin volatility, those who have been accumulating and holding bitcoin since 5 years or 7 years ago till date can you say bitcoin volatility affected them or stopped them from making profit? The answer is NO so bitcoin volatility can’t affect long term investors and I will keep saying future profit is also guaranteed for long term investors.

In all, bitcoin has no guarantee, despite history of profitability, it still doesn't guarantee the future. Bitcoin is a very good asset to hold, it is one of the best assets available to man and investing in it gives you a good chance to securing your financial future and of course I would recommend it for anyone looking for a digital assets to put value in, but what I would never do is to give any guarantees because there is none.

[Baki202]

Long term investment is quite different from those who are after quick returns does not mean that long term investors guarantee success. Long term investors has a good chance to become successful in bitcoin than short term investors, because they have patience to hold on to their bitcoin no matter what happens, they hold for many years. In trading you can lose everything since you and I do not have power over the price.

Long term investment can reduce stress because an investor will not care about the market whether it is going up or up, but it does not bring quick gains as you assume, you must be patient and stay consistent with your strategy. You will benefit from your long term investment if it grow over time, instead of chasing quick profit that involves high chance of losing everything.

Of course long term investment doesn't guarantee profits or success it only increase our chances of success since Bitcoin is fundamentally a long term asset that gains it's value with time so the chances of benefitting from it is higher compared to those that invest for a short period of time.
It's DCA that automatically reduces the stress with timing the market not just holding for a long time. Although having a long time mindset helps you to ignore the price movements.

Putting your money to use matters a lot, so even if you are not expecting your profit at that period, I feel putting your money to use is better than keeping it in the bank, and the bank will be the one making use of the money and making profit, so before you even jump into some kind of conclusions, you should know exactly how it works, and people have done it, and it has worked for them. So there are people that we should learn from, and people don't need to wait for instant profit. Because if you want to make quick money, then you are not ready to invest in Bitcoin because you will end up being frustrated, so it better for everyone investing to be patient.

[red4slash]

Many people still comment and think  that Bitcoin is risky, speculative, uncertain, and will even lose its value in the future.

That is not wrong because the fact is like that and we cannot refute by saying bitcoin is risk-free or so because indeed bitcoin has its own risks and if we want to be in bitcoin then we have to face these risks.  But here although it is risky but this is also worth the results even though we do not know what the future will be like but of course we will try to believe that for bitcoin at least have a hope that the future is better and that happens because we have historical data about the increase in bitcoin from year to year so that with this we can have hope that maybe the future will be much better than this.

That does not mean this also ignores the risk because it is certainly a mistake and all we have to do is follow the flow as a form of process that we do with our firmness and confidence that when we make it through bitcoin volatility, temporary prices and the risks we will face then the future can get the maximum results from our investment.

[IjawMan]

-snip-
 not guaranteed

Yes, my friend, I agree with you that there is no thing as a guarantee in the crypto market. Bitcoin is really an experiment with money around the world not something you invest in.. For people who are scared of losing money when they invest for a long time doing something called DCA for short can be a really good idea. In our country a lot of people get very excited. Put all their money in at once which is a big risk when the market is all, over the place.

Bitcoin is a volatile digital asset that is without investment risk and that what makes it look not guaranteed since you can lose or make profit with it but the disposition for profit making is higher with a long term investment plan running in about 6-10 years than loss aspects which is commonly experienced with short time investors alias traders.

Provided you managed to keep with investing from your discretionary income in the amount you can afford to risk for a long timeframe, hodling till maturity then you can be guaranteed of selling in much profit. Most of the people do it wrongly and turn about to blame Bitcoin for been a risky nome profitable asset.

When the price of Bitcoin goes down the security of the Bitcoin network and the number of people using it are getting better every day. If you are thinking about what will happen in the 10 to 20 years you should pay attention to the fact that there is only so much Bitcoin available and that it is not controlled by any one person or group rather than just looking at the price. It is smart to stay calm when the market goes down and not sell your Bitcoin in a panic. At the end of the day Bitcoin is something that can be very risky but very rewarding so you should only put in money that you can afford to lose your Bitcoin investment.

I fail to pick what you mean by the security of bitcoin network get better when price falls, but I understand that with price falls it becomes an opportunity for all investors to buy at a low cost price in much quantity than they will when bitcoin price goes up. Remember this, there is no investment asset that is without risk in itself.

[Pandorak]

...future profit is also guaranteed for long term investors.

After all that has been discussed in this thread, am very surprised why you still saying this.....Surely, accumulating Bitcoin for longer time duration of say 10years tend to place folks in a much better positions, however you have to also know that- Bitcoin as an asset isn't guaranteed even when accumulated for longer times durations... There is a possibility that the performance of Bitcoin in the later years to come may not be as it did in the past years, and that's clearly and obviously why folks should make their investments with only their discretionary income, since discretionary income is the part of one's income that left out after basic needs and responsibilities has been sorted out... Never for once should folks invest beyond their capacities...

I want to add to your statement, people should understand that it's the hope that Bitcoin has given to investors for the past years that made them trust that it would keep doing better, asides that there's no guarantee for future profits cause it's a volatile asset and a speculative one for that matter.

 I don't know, maybe he's a time traveler that can tell what the future would be but from my understanding I don't think I know anyone that has accurately predicted the exact price of Bitcoin at a particular time so investors should just keep their hopes alive with the believe that Bitcoin would keep going higher in future and not claim that profits is guaranteed.

It’s true that no investment instrument can truly guarantee future profits, it’s all just speculation, because after all, none of us can see into the future. However, it must be acknowledged that Bitcoin is an asset with tremendous potential, which is why many people are treating it as a long-term investment. Furthermore, using discretionary funds for investing serves as a form of protection, in other words, if you incur a loss, you won’t be too stressed because you’re using funds you can afford to lose. 

[JayJuanGee]

[edited out]

Bitcoin is a type of investment that can be really risky. So you have to be ready for some problems.. People who invest in Bitcoin for a long time are not just guessing. They like Bitcoin because there is a certain amount of it and more people are starting to use it.

Bitcoin can be very unpredictable.. If you look at what happened in the past people who held onto Bitcoin for more than 4 or 5 years usually made money. This is because Bitcoin is like a kind of money that helps protect you from inflation. To be safe it is an idea to invest a little bit of money at a time, which is called Dollar Cost Averaging. Do not invest money than you can afford to lose. A real investor in Bitcoin is someone who understands how it works and is willing to take some risks not someone who hopes for the best. Bitcoin investors, like the fact that Bitcoin's a type of investment that can help them in the long run and that is why they invest in Bitcoin.

Even though history does not guarantee future results, in bitcoin it has been that the longer a person has been in it and buying it, then the greater his level of profits, which surely relates to both a upwardly sloped price curve, but also relates to a price curve that had been decreasing in the intensity of its price slope.

At the same time, the fundamentals suggest that BTC's price curve is going to continue to slope upwardly, even though ongoingly we are getting more and more attacks on bitcoin and bitcoiners, including pushing of various bitcoin paper products... while at the same time, a great amount of the power of bitcoin comes from its ability to privately hold and to privately transact without any third party intermediaries.

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Friends, don't think you can get rich when you invest, because the purpose of investment is not for us to become rich, but the purpose of investment is more than that, one of which is to make us financially stable in the future. Even if you invest in bitcoin, it doesn't mean you can get rich because of it.

How sure can you hold bitcoin for a very long time? That is, until you get a profit many times over from the investment you make?
I saw a lot and even felt it myself. For example, there is a person who told me that he regretted selling bitcoin with his profits at that time, if he held it until now, then he would have become very rich. And I was the same, I sold bitcoin with the profit target I had set at the beginning, then I repeated the purchase with the DCA strategy, and so on.

You are talking about trading rather than investing, which is off-topic here.. and also which means that when you sell some or all of your bitcoin, you are gambling to be able to buy them back at a cheaper price.

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Each person's goals and objectives are different. Many people like to withdraw profits from Bitcoin or many people like to hold it for the future. Personally, if I say so, my goal and objective is to see Bitcoin as an asset. Bitcoin was created to create a decentralized financial management, without any third party interfering in our financial situation or our financial transactions. Bitcoin is still moving towards that goal.

It is not at all the right decision to sell all the holdings even after reaching the excess savings level. If you had not sold all the holdings at that time and had withdrawn some amount of profit and enjoyed it, then maybe you would not have regretted it today. If someone invested with the aim of building a house, then it is different. However, I think Bitcoin needs to be considered as an asset and needs to be held. Even if you reach this excess savings level, you can withdraw some amount when you need it.

This thread happens to be about my investment ideas related to bitcoin, and so there should be attempts to discuss bitcoin-related goals and objectives as they might also relate to the topic of this thread.

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I still stand by my word, when you say nothing is guaranteed in bitcoin investment because of fluctuations and volatility of bitcoin it is for those who are trading bitcoin or investing just for short term, if you are investing in bitcoin for long term you won’t be affected by bitcoin fluctuations or volatility, it is only those who are investing in bitcoin for short term that are affected by bitcoin volatility.
Bitcoin has been in existence for long now and it has proven that it is trustworthy especially for those who are accumulating and holding it for longer term let say 5 years and above.
You can’t be accumulating and holding bitcoin for 5 to 10 years and you are affected by bitcoin volatility, those who have been accumulating and holding bitcoin since 5 years or 7 years ago till date can you say bitcoin volatility affected them or stopped them from making profit? The answer is NO so bitcoin volatility can’t affect long term investors and I will keep saying future profit is also guaranteed for long term investors.

Even though historically bitcoin's ongoing volatility has resolved to the upside, especially the longer that any of us has been invested in bitcoin (and yeah 4-10 years or beyond has been good with longer timelines tending to play out better than shorter timelines, at least so far), and ongoing volatility is one of the most likely things in bitcoin, even though as you mentioned that if guys are into bitcoin for the long term, such as 4-10 years or longer and they are ongoingly buying and/or holding, then they should not end up being too much affected by the short-to-medium term volatility as long as such ongoing and likely close to inevitable volatility continues to resolve to the upside.  We cannot know that ongoing volatility will continue to resolve to the upside, which continues to cause it to be uncertain and not guaranteed in terms of future price.

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.

The difference between Long term holding and long term accumulation is what some persons miss an investor consistently purchasing through DCA over the years is likely building a much solid position than some people who only made a one time buy and stopped there. At the end patience matters but the size and consistency of the investment matters a lot. But holding for long term only pays off if the amount accumulated is meaningful enough some holding a little amounts for 10 years may see growth, but that alone doesn't automatically make them wealthy.

Most people do not have lump sum amounts that they can put into bitcoin and then just sit on the lump sum. Another thing is that normal people tend to have an ongoing income and various funds ongoingly coming in... so there tends to be some value to just ongoingly buying bitcoin rather than just front loading and sitting on the amount, since the front loaded amount will not tend to be enough.. 

I have a personal preference for the idea of ongoing investing and figuring out amounts that are sufficiently ongoingly aggressive and ongoingly building the size of the bitcoin holdings.  And, surely each of us can assess our progress to figure out the extent to which we might start to accumulate enough or more than enough bitcoin that might cause us to change the ways (and/or times) that we ongoingly accumulate bitcoin.

It is not necessarily going to be a clear picture regarding when we have enough or more than enough bitcoin or the extent to which buying aggressively might continue to be justified after we might have had already been spending one or two cycles fairly aggressively accumulating bitcoin.

From what I have seen just putting money into Bitcoin is not enough. You need to know about the market and how to manage risk. Bitcoin is like gold but its price can change a lot, which can be scary, for new investors. So people who invest in Bitcoin for a time using the Dollar Cost Averaging method are the ones who do the best.

Bitcoin is not like gold, bitcoin is bitcoin. Bitcoin qualities are different from that of gold, so I don’t see the need for that comparison. Bitcoin has a fixed supply while gold has an infinite supply. Gold is a free gift of nature, while bitcoin don’t occur naturally it was invented just like fiat. I know why you are saying bitcoin is just like gold, both are distinctively different.

There's a clear difference. Bitcoin is a digital asset, while gold is a physical asset, but both are hedges. You've correctly stated that one difference is that Bitcoin is limited, while gold is the opposite. Bitcoin has very high volatility and is also riskier than gold. However, in terms of profit potential, Bitcoin can be more significant, especially if accumulated over the long term. Everyone has their own preferences, depending on their readiness to address and face the risks.
This isn't something to compare, as both have their own advantages and disadvantages.

Yeah, but we are talking about bitcoin here, and not gold, and more specifically, we are talking about my ideas related to bitcoin, which largely I suggest that we do not need to be fucking around with gold, unless we might have some specific personal reasons for doing it, besides the reason pumpening of gold... and sure, maybe there might be some reason to keep up to 10% of the size of your bitcoin holdings in gold, though I have my doubts about the value of that level of gold holdings, instead of maintaining focus on bitcoin.

[elzjmirra]

I want to add to your statement, people should understand that it's the hope that Bitcoin has given to investors for the past years that made them trust that it would keep doing better, asides that there's no guarantee for future profits cause it's a volatile asset and a speculative one for that matter.

 I don't know, maybe he's a time traveler that can tell what the future would be but from my understanding I don't think I know anyone that has accurately predicted the exact price of Bitcoin at a particular time so investors should just keep their hopes alive with the believe that Bitcoin would keep going higher in future and not claim that profits is guaranteed.

It’s true that no investment instrument can truly guarantee future profits, it’s all just speculation, because after all, none of us can see into the future. However, it must be acknowledged that Bitcoin is an asset with tremendous potential, which is why many people are treating it as a long-term investment. Furthermore, using discretionary funds for investing serves as a form of protection, in other words, if you incur a loss, you won’t be too stressed because you’re using funds you can afford to lose. 

Yes, no one knows what will happen in the future, but by looking at the track record of bitcoin since its creation until now, I think it is more than enough to tell us that this is a valuable asset that will continue to increase in value. Honestly, I regret not knowing about bitcoin earlier, but what can I do? Previously, I did not have access to connect to the internet more often, so my insight was limited. But continuing to deal with regret will only delay a lot of time. It is best to start as soon as possible.

[Decimetre]

I want to add to your statement, people should understand that it's the hope that Bitcoin has given to investors for the past years that made them trust that it would keep doing better, asides that there's no guarantee for future profits cause it's a volatile asset and a speculative one for that matter.

 I don't know, maybe he's a time traveler that can tell what the future would be but from my understanding I don't think I know anyone that has accurately predicted the exact price of Bitcoin at a particular time so investors should just keep their hopes alive with the believe that Bitcoin would keep going higher in future and not claim that profits is guaranteed.

It’s true that no investment instrument can truly guarantee future profits, it’s all just speculation, because after all, none of us can see into the future. However, it must be acknowledged that Bitcoin is an asset with tremendous potential, which is why many people are treating it as a long-term investment. Furthermore, using discretionary funds for investing serves as a form of protection, in other words, if you incur a loss, you won’t be too stressed because you’re using funds you can afford to lose. 

Yes, no one knows what will happen in the future, but by looking at the track record of bitcoin since its creation until now, I think it is more than enough to tell us that this is a valuable asset that will continue to increase in value. Honestly, I regret not knowing about bitcoin earlier, but what can I do? Previously, I did not have access to connect to the internet more often, so my insight was limited. But continuing to deal with regret will only delay a lot of time. It is best to start as soon as possible.

There are many people who have experienced such regrets and many who are still experiencing same right now. It does not really matter what you did in your days of ignorance. What matters is what you do when you finally get to know about bitcoin or when you finally understand bitcoin. This is the reason I think that there's no point dwelling in regrets when you should be actively accumulating bitcoin as soon as you have your discretionary income. When you have your discretionary income but chooses not to invest in bitcoin maybe because you are wishing you had started initially, you end up procrastinating and wasting more time.

The best time to invest in bitcoin is Now, as long as you have your discretionary income. You can still make it as big as you could have made it if you had bought bitcoin at $21k or less because bitcoin is still growing and more opportunities keep opening.

[Different patterns]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

There is no certainty that you will make profit when you invest in Bitcoin. No matter how long you hold for making profit over your investment is not certain.

I don’t agree with you, when you are investing in bitcoin for long term theirs big hope of you making profit, it is when you are investing in bitcoin for a short period of time that’s when making profit is not certain but as long as you are investing in bitcoin for long term you are sure of making profit in the long run, so don’t say no matter how long one invest in bitcoin one is not certain of making profit that’s not true, long term investment in bitcoin is usually certain of profit.

Yes i really get your point, because I can say historically bitcoin has reworded  many people who hold Bitcoin for long, that's why long term investment is always considered safer than short-term, however to be saying profit is certain is not completely correct, my reason is because no investment market can guarantee 100% profit certainty, but what I can say is that long term investment in bitcoin had a higher probability of profit compared to short term trading, as market is fully unpredictable, I think the better way to put it is that in bitcoin long-term investment has a strong chance of making the profit, but really investors avoid speaking on guarantee,  because market is very unpredictable.