JJG’s Outline of Bitcoin Investment Ideas

[Stive009]

What mostly causes selling off bitcoin before the actual long term investment goal is the use of funds that you can’t afford to loose or leave for a long period of time,I think what also causes that is the mindset of putting more funds so if there is an upturn, the profit will be more not knowing that in bitcoin investment it's better off to accumulate little by little than put more and the rest you keep as emergency funds is then not enough for your basic needs and emergencies, so at that point you will be let with no options than to sell off your bitcoin.

There are so many reasons for selling Bitcoin, and it is not always about investing with an amount that one can't afford to lose. There are people who invest with the amount they can afford, but because of the expectations they have for Bitcoin—the get-rich expectations—when they realize Bitcoin is unpredictable, they lose interest in continuing due to a lack of patience. Another common reason why people sell their Bitcoin too early is because of emergencies, for which they were never prepared and lack proper fund management; when there is an emergency, Bitcoin investment becomes the only option to solve it.

You said the truth, what some folks need to understand is that bitcoin investment is supposed to be enter with long term mindset, but sometimes people problem with expectation of quick profit or financial preparation behind the their investment plan. Some people enter bitcoin investment with expectation of get rich quick without thinking of how long is it going to take to build a meaningful bitcoin position, Although price sometimes can make them easily lose patience and sell bitcoin they accumulate when some little problem comes up without you having a backup funds, that can force investor to sell bitcoin. That’s why bitcoin investment needs proper money management, patience and long time plan.

I agree that investing in Bitcoin requires a long term mindset. It can take time to accumulate a good amount of Bitcoin especially if one starts with a small amount. But even if the amount is small if it can be accumulated regularly then over time it can turn into a good position.

And I think it is better not to think about building a large Bitcoin portfolio quickly. A small investor can start small with the discretionary income he has and continue it regularly. It is not necessary to have a large amount at the beginning consistency and patience are much more important here.

And the issue of unexpected expenses actually shows the importance of backup funds. In addition to Bitcoin, emergency funds, reserves or other backup funds can be created gradually. This may slow down Bitcoin accumulation at the beginning but the possibility of selling Bitcoin in case of a problem later decreases.

So a long term plan and patience are definitely needed but the same investment plan does not work for everyone. You have to decide how much you should keep in Bitcoin according to your discretionary income expenses and your own financial situation. It is best to invest an amount that will not cause you any problems in leading a normal life even after investing.

[Showlove01]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

[Olatundespo]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

You are right that we do not need a lot of money for Bitcoin. What we need is basic knowledge about Bitcoin and discretionary income. Whatever the amount of discretionary income, whatever the price in the market, keep ongoing with Bitcoin. The available funds are important for you but if you do not apply this fund properly, it will not be of any use to you in reality. The value of this fund will keep decreasing due to the effect of inflation. Along with regular Bitcoin accumulation you can use the available funds in the form of lump sum to buy Bitcoin at your convenient time or during the price decline.

Do not underestimate the importance of acquiring basic knowledge of Bitcoin because the foundation of long term investment is strengthened through this basic knowledge.

[GhostOfBitcoin]

We have two kinds of investment structures in bitcoin but it's left for the investor to choose the one that benefit the investors..we have long-term investment and short-term investment,  if investor is into long-term investment, the investor will not bother to sell it bitcoin early, whereas if the investor is into short-term investment, it already had in mind to sell as quick as he wanted, because it doesn’t want to make losses....

I don't think that their is anything as short term investors, it's either you are a trader that buy and sell once the price appreciate in value, or you are a holder that is only thinking of long term, so I don't think their is anything as short term investors.

In the case of Bitcoin, there can be both short-term investments and long-term investments. However, I would not consider a short-term investor and a trader to be the same person. Because an investor may plan to hold Bitcoin for a long time. But it may not go to the level of long-term savings. On the other hand, a trader buys and sells frequently and tries to profit from short-term price fluctuations. So I think a short-term investor and a trader can be two different people.

In my opinion, just how long one is holding it may not be clear whether a person is a trader or an investor. At the same time, what is his intention, whether he is accumulating assets regularly or not, or he is trying to make a quick profit by guessing price fluctuations, these things may also have to be considered.

Totally agree with u…. Big big difference between a Bitcoin trader and short term investor. Everything has to deal with the reason of buying the assets for example….

Someone buy bitcoin in short term because he need to pay the money out in 6 months for some purpose… in this case the primary reason of saving or budgeting, not trying to benefit from movement.

For someone called as bitcoin trader… will be trying to benefit from market fluctuations via regularly buy and sale. Thus… difference not lie with the length of holding , but the reason for holding.

[obuoma]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

This statement is wrong and misleading and you make it sound like discretionary income is one special separate income that is needed from the investors overall income. Discretionary income is just the money left when the investor has settled his basic needs, so any investor with so much money will not have problem settling basic needs. The rich for instance, are not bothered by basic needs, they already have those figured out so their basic money is not useless in Bitcoin investment and their only assignment is to figure out which portion of their wealth will be invested into Bitcoin. In the example you gave, the investor will only have a problem figuring out what part of that huge amount of money he need to invest in Bitcoin because the money will definitely cover basic needs with a large reserve of discretionary income.

[Abbatty]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

I get what you are trying to say, sometimes we could have so much funds at a particular time but there won’t be discretionary income, the money could be for something else, maybe paying of debts building of personal properties, excetra. Such funds can be tempered with. We all know discretionary income is money that you can afford to lose, these type of funds can not be afford to lose.

This thread is mainly to prioritize investing in Bitcoin, so with that we always try to make people understand that in all situations you can create a way for building for your future. Bitcoin is a long term assets, so it something we also have to priority.

[ChocolateBitcoinK]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

They don't really know how to start investing in Bitcoin, I think you have to start investing in Bitcoin in any way, very small, no big money is needed. Instead of making it very easy to start, if people make things much more difficult for themselves, such as waiting for big money first, building an emergency fund before starting to invest, and starting to learn everything about Bitcoin before the investment, these kinds of activities are just a waste of time. Starting investing in Bitcoin is not that difficult. You don't need big money before investing, you don't need to know everything before investing, but you can start with common sense, and at the same time you don't need an emergency fund before investing. Start with small amounts of money, build an emergency fund after starting to invest, start with common sense and get to know Bitcoin better while investing, In this way, you can start investing first and then build everything else and learn more deeply everything about Bitcoin.

[Grease5000]

We have two kinds of investment structures in bitcoin but it's left for the investor to choose the one that benefit the investors..we have long-term investment and short-term investment,  if investor is into long-term investment, the investor will not bother to sell it bitcoin early, whereas if the investor is into short-term investment, it already had in mind to sell as quick as he wanted, because it doesn’t want to make losses....

It is true that different investment can have different time horizon. But when it comes to accumulating bitcoin for short term goal I think it has  more to do with trading rather than investment. B because when someone accumulate bitcoin for a shorter term it only means he want quick profit and as a result of that may try to predict or perfect time the market before buying.This can easily change an investor mindset from trading and speculation.

[Princess Leah]

~~

It is true that different investment can have different time horizon. But when it comes to accumulating bitcoin for short term goal I think it has  more to do with trading rather than investment. B because when someone accumulate bitcoin for a shorter term it only means he want quick profit and as a result of that may try to predict or perfect time the market before buying.This can easily change an investor mindset from trading and speculation.

I've once come across a video sometime ago. In the video, Michael Saylor talked about long and short term investment structure, he said long term is longer than four years while short term is four year well that's his opinion cause to me long term investment is holding for four years and above while short term is selling below four years.

 I support your idea of short term holders being referred to as traders and if someone want to truely invest in Bitcoin then the person would hold for very long atleast four years plus.

[Chilwell]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

You have a point here because they believe that someone have to start investing in Bitcoin with a very huge amount which is why some of them have no gotten into it. I don't think I can agree with you here, How can someone have huge amount and cannot figure out is the discretionary income? A lot of people that have money understand what discretionary income is because not only in Bitcoin investment that they are using it.

I see bitcoin investment as the most simple and easiest investment because it doesn't require huge amount at first start, not that you will not use huge amount, but stop waiting to have it before investing in Bitcoin since you can start from the little you are gaining, but must be discretionary income.

[The Founding Titan]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

Some people do t know that bitcoin has smaller units, they think they need to be able to buy 1 BTC at once and that's why they are not investing in bitcoin because the truth is that for a vast majority of us, buying 1 BTC at once is impossible. If only they understood that they don't need to buy 1 BTC to be able to start investing in bitcoin, they can buy in sats and grow their asset from there and it's very possible that some people will not even be able to buy up to 1 BTC at the end of their investment journey.

[Hardyrobust]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

Some people do t know that bitcoin has smaller units, they think they need to be able to buy 1 BTC at once and that's why they are not investing in bitcoin because the truth is that for a vast majority of us, buying 1 BTC at once is impossible. If only they understood that they don't need to buy 1 BTC to be able to start investing in bitcoin, they can buy in sats and grow their asset from there and it's very possible that some people will not even be able to buy up to 1 BTC at the end of their investment journey.

For sure there are people that thinks that they can't buy bitcoin in fractions because they lack the basic knowledge about bitcoin.This is the reason why it is good to make research because I believe by making research we can be able to get the basic idea about bitcoin investment. There are people that don't know that they can be able to accumulate bitcoin in units or parts because they have limited knowledge about bitcoin. Therefore, there is need to always make research to get the basic idea about any investment in other not to wallow under ignorance.

[icebar]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

The rich for instance, are not bothered by basic needs, they already have those figured out so their basic money is not useless in Bitcoin investment

Before investing, an investor must understand his own necessary expenses, emergency funds and discretionary income separately, whether he is rich or poor. Rich people may have more income, more money, but at the same time their expenses may also be large, liabilities may be high, and cash flow may be irregular. Therefore, just because a rich person has money, it does not make it safe to give that money to Bitcoin.
Remember that discretionary income does not mean any specific source of income. Rather, it is the money that does not affect our lifestyle even if we do not use it after meeting our expenses, which is a relatively safe investable money for investment. Of course, this rule applies to people with low income as well as to people with high income. If someone's income is higher than their expenses, they may be able to buy more Bitcoin. But they should not pour all the money into it without a plan.

[Cgrexp]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

We don't need a huge amount of money to be able to invest in Bitcoin rather what we need is our discrestionary income. One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

Some people do t know that bitcoin has smaller units, they think they need to be able to buy 1 BTC at once and that's why they are not investing in bitcoin because the truth is that for a vast majority of us, buying 1 BTC at once is impossible. If only they understood that they don't need to buy 1 BTC to be able to start investing in bitcoin, they can buy in sats and grow their asset from there and it's very possible that some people will not even be able to buy up to 1 BTC at the end of their investment journey.

If someone has a goal of acquiring a certain amount of Bitcoin, they will likely need to be realistic about how much they will need to invest over the period of time they hope to accumulate it. They will also need to consider how the price of Bitcoin may change over that period. It is more realistic for someone who is currently investing $100 to $200 per week to consider the possibility of receiving 1 Bitcoin in 10 years than for someone who is investing $10 to $30 per week in Bitcoin. Individuals can consider their current income situation and future income expectations when they make their calculations and consider how realistic their goals are based on possibilities or fantasies. Those who create imaginary expectations are probably doing themselves more harm than anyone else. Sometimes when they express their fantasies to others, others may not be ready, willing, and able to make realistic calculations. A young person may estimate different levels of their current income as well as the possibility of promotion. Changes in family circumstances can affect expenses, and even entering a business may involve a lot of expenses but may also have an expected income. When there are so many possibilities to consider, human assumptions can sometimes be wrong. But just because there are so many possibilities doesn't mean it's not productive to label some assumptions as more or less likely. In this case, one should try to identify the more likely scenarios before including the less likely ones.

[Silikiem]

It’s very important to invest within our means, considering that we have some amount of money as a discretionary income it’s better to invest that money immediately instead of waiting for something else like having a huge amount of money before you can get started, while you can start buying bitcoin as small as your discretionary income, exceeding our discretionary income is a wrong move which is why is very ugly not to start investing within our means instead of waiting for a dip or waiting to have huge amounts before an individual can get started with investing in bitcoin.

One can have a huge amount of money but won't be able to figure or sort out their discretionary income at that point that huge amount of money will be of no use in Bitcoin investment. Sometimes the reason why some people also wait for huge amount of money before starting their Bitcoin investment is because they lack knowledge. That is why basic knowledge about Bitcoin is very important.

This statement is wrong and misleading and you make it sound like discretionary income is one special separate income that is needed from the investors overall income. Discretionary income is just the money left when the investor has settled his basic needs, so any investor with so much money will not have problem settling basic needs. The rich for instance, are not bothered by basic needs, they already have those figured out so their basic money is not useless in Bitcoin investment and their only assignment is to figure out which portion of their wealth will be invested into Bitcoin. In the example you gave, the investor will only have a problem figuring out what part of that huge amount of money he need to invest in Bitcoin because the money will definitely cover basic needs with a large reserve of discretionary income.

It’s not every investor with so lots of  money that won’t have problems settling their basic needs, don’t also forget that there are so many rich people out there whose income or money is pushing them to do things in so many higher prices or levels. So many wealthy people uh, the level of their basic needs or the quality of how they will most likely want their basic needs to be won’t be the same as someone with very little income. For example If they want to build a house, the quality of materials they will want to use and build the house will be more expensive than the ones a Poor or low income person will use for his building. Or maybe they’re living in a rented apartment, they will go for a more expensive apartment where their rent and every other bills in the course of using the apartment is too expensive, By so doing, the more they keep on paying for this quality and expensive things for  basic needs don’t you think that their income is also gradually decreasing and if care is not taken they might be left with no discretionary income at that moment to use for bitcoin investment.

Point I’m trying to make is that let’s not always assume that rich people don’t always have problems settling their basic needs, because the more money they have that’s how their basic needs also increases. I know a lot of people will want to come out to say that they should learn to adjust their needs but the truth is that your basic needs and satisfaction should always comes first before investing in bitcoin.

[eXo_coin]

For sure there are people that thinks that they can't buy bitcoin in fractions because they lack the basic knowledge about bitcoin.This is the reason why it is good to make research because I believe by making research we can be able to get the basic idea about bitcoin investment. There are people that don't know that they can be able to accumulate bitcoin in units or parts because they have limited knowledge about bitcoin. Therefore, there is need to always make research to get the basic idea about any investment in other not to wallow under ignorance.

I believe that without research, the same thing will always happen, always failing to understand the purpose of interpreting fractions when buying Bitcoin.

Research aims to better understand our future plans. Therefore, after understanding your stated goals, I'm very optimistic about conducting research. Our experience and understanding will improve our ability to navigate any challenges we face in Bitcoin investment. Experience provides us with sufficient knowledge to avoid mistakes in our investment goals. Therefore, research is necessary to achieve optimal results.

[reagansimms]

~~~

Before investing, an investor must understand his own necessary expenses, emergency funds and discretionary income separately, whether he is rich or poor. Rich people may have more income, more money, but at the same time their expenses may also be large, liabilities may be high, and cash flow may be irregular. Therefore, just because a rich person has money, it does not make it safe to give that money to Bitcoin.
Remember that discretionary income does not mean any specific source of income. Rather, it is the money that does not affect our lifestyle even if we do not use it after meeting our expenses, which is a relatively safe investable money for investment. Of course, this rule applies to people with low income as well as to people with high income. If someone's income is higher than their expenses, they may be able to buy more Bitcoin. But they should not pour all the money into it without a plan.

A person's wealth does not provide immunity against market risk. Investing in Bitcoin is only sensible and safe if done with discretionary funds, money one is prepared to lose without compromising essential living needs. Before investing, financial discipline, accurate recording of mandatory expenses, and measured risk management are foundations that everyone must uphold. The size of an investor's capital does not guarantee security. Without the solid foundation mentioned earlier, any amount of capital can be wiped out by a single emotional decision. Sound investing begins with a calm mind, not the sheer magnitude of one's wealth.

[Kelward]

For sure there are people that thinks that they can't buy bitcoin in fractions because they lack the basic knowledge about bitcoin.This is the reason why it is good to make research because I believe by making research we can be able to get the basic idea about bitcoin investment. There are people that don't know that they can be able to accumulate bitcoin in units or parts because they have limited knowledge about bitcoin. Therefore, there is need to always make research to get the basic idea about any investment in other not to wallow under ignorance.

I believe that without research, the same thing will always happen, always failing to understand the purpose of interpreting fractions when buying Bitcoin.

Research aims to better understand our future plans. Therefore, after understanding your stated goals, I'm very optimistic about conducting research. Our experience and understanding will improve our ability to navigate any challenges we face in Bitcoin investment. Experience provides us with sufficient knowledge to avoid mistakes in our investment goals. Therefore, research is necessary to achieve optimal results.

For sure basic knowledge is important for new Bitcoin investors, you cannot enter blindly into something that you know nothing about, I agree that guys who have the interest to invest in Bitcoin but don't know that they can buy in units would be discouraged if they cannot afford to buy 1 Bitcoin. Without asking or doing research about it they would remain in ignorance without knowing that they can afford to start with a small amount and do DCA to accumulate according to their discretionary funds.

Basic knowledge is what is required to get started in Bitcoin investment, you don't have to gain extensive knowledge about the market and network before starting. I believe that Bitcoin is the best asset that anybody can hold, it is decentralized, no paperwork and you don't have to be rich, it is accommodating to anybody that can afford discretionary funds no matter your class in the society.

[GhostOfBitcoin]

For sure there are people that thinks that they can't buy bitcoin in fractions because they lack the basic knowledge about bitcoin.This is the reason why it is good to make research because I believe by making research we can be able to get the basic idea about bitcoin investment. There are people that don't know that they can be able to accumulate bitcoin in units or parts because they have limited knowledge about bitcoin. Therefore, there is need to always make research to get the basic idea about any investment in other not to wallow under ignorance.

I believe that without research, the same thing will always happen, always failing to understand the purpose of interpreting fractions when buying Bitcoin.

Research aims to better understand our future plans. Therefore, after understanding your stated goals, I'm very optimistic about conducting research. Our experience and understanding will improve our ability to navigate any challenges we face in Bitcoin investment. Experience provides us with sufficient knowledge to avoid mistakes in our investment goals. Therefore, research is necessary to achieve optimal results.

For sure basic knowledge is important for new Bitcoin investors, you cannot enter blindly into something that you know nothing about, I agree that guys who have the interest to invest in Bitcoin but don't know that they can buy in units would be discouraged if they cannot afford to buy 1 Bitcoin. Without asking or doing research about it they would remain in ignorance without knowing that they can afford to start with a small amount and do DCA to accumulate according to their discretionary funds.

Basic knowledge is what is required to get started in Bitcoin investment, you don't have to gain extensive knowledge about the market and network before starting. I believe that Bitcoin is the best asset that anybody can hold, it is decentralized, no paperwork and you don't have to be rich, it is accommodating to anybody that can afford discretionary funds no matter your class in the society.

Yes, that is so true man. Not only the fact that, while, people cant afford buying 1 entire Bitcoin, are people too focused on, how can you buy 1 Bitcoin in small part? Which most are totally unaware of , hence, are intimidated even at the very beginnig itself.

In fact you dont really need to be a huge genius nor that specialized to go for Bitcoin, whoever with loose amount of money in his/her pockets could already begin to buy through buying small pieces using dca method in whatever point of time.

It is not a bank matter where you could get buried with papers and get access once you prove yourself to be rich. Whoever with unused money could just have to get their hands onto Bitcoin. It just gets tricky with that starting small, and just ignore any further complicated and unnecessary concepts at the very beginnig.

[#CapsLOck]

An easy one to forget is that the time horizon of an investment is related to the purpose of the investment and not just to the number of years. If the person has no idea when he's going to withdraw his Bitcoin, and he's building up for capital appreciation. He's obviously taking a different risk than the person who's saving for a goal three years out. If they both purchase routinely. They may have varying tolerances for a significant drop in the price. That is why it is deceptive to label all those who hold the positions for less than a day or week as traders. The trader is typically looking to make money from the movement of the market. And the person who is saving money for a specific purchase is just trying to have money in the bank for a definite spending in the future. If people are aware that difference is a factor they can consider investing a suitable amount of Bitcoin, and not just following a four years or more guideline.