JJG’s Outline of Bitcoin Investment Ideas

[Negotiation]

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.

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

[UpTober]

What you're saying is part of a strategy that every investor should follow if their income is stable, because almost everyone has realized that long-term investing can be difficult without a stable income. Even if there's a little self-compulsion to create reserves and emergency funds, the difficulty immediately arises when there's no remaining funds to invest, even a small amount. So, I think almost everyone has realized this by now, because becoming a long-term investor is clearly not easy, even if there are simple ways or methods.

I don't think  someone needs a stable  income before he can start accumulating bitcoin, it's no lie that stable income helps. But  in real life what matters most is one ability to be able to figure out his discretionary income  no matter how low his income is and using  the DCA strategy  to accumulate bitcoin the key is not the size or frequency of the investment, but avoiding money needed for food, rent, bills, debt payments, or emergencies.

Not only in the field of investment, but also in the field of living a good life, to maintain everything well, one must first understand one's income well and plan accordingly. Now if a person earns a good amount of money at the end of the month and if he does not have a proper plan, then due to random spending of money, he will get into trouble at the end of the month and far from investing, he will have to take out a loan at the end of the month. On the other hand, if a person's income is comparatively low but if his maintenance is proper and the plan is proper, then he will be able to meet his needs well with a proper plan with a small amount of money and if he plans well from a small amount of money, then he will be able to continue investing consistently.

I think proper planning for investment and the desire to invest play an important role in investment. Now if I have such an insistence in my mind that I have to invest in any way, then nothing can stop me, but I will do whatever is necessary to invest.

[Showlove01]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

In as much as i will like to say that you are right i will also like to let you know that an investor does not have any business whether the market is very volatile or not because they are not traders and they are not investing for short period, the people that should be reasoning or thinking about volatility of the market are traders because their target is always to get in quick and get out very fast for those that are not greedy to make all the whole profit in that market at  that particular day because if they are..., market will surely closed them out.

[Soldroplet]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

I agree with you that it is good to have some learning and understanding about this when investing in Bitcoin. However, I think that those who are new to investing in Bitcoin do not need so much knowledge and understanding at first. When they learn more or understand more, they can pay attention to market timing, and later they can buy when the price drops and sell when the price rises, which will hinder their investment in Bitcoin. So there is no need for a new investor to start after knowing everything about Bitcoin. Rather, if you have discretionary income, you can start with a small amount, and learn about Bitcoin and your own cashflow along with investing. If you wait for excessive research, starting accumulation is often delayed. The best method for me is to first start small with discretionary income according to your ability, and then improve your strategy with experience and knowledge.

[ChocolateBitcoinK]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

In as much as i will like to say that you are right i will also like to let you know that an investor does not have any business whether the market is very volatile or not because they are not traders and they are not investing for short period, the people that should be reasoning or thinking about volatility of the market are traders because their target is always to get in quick and get out very fast for those that are not greedy to make all the whole profit in that market at  that particular day because if they are..., market will surely closed them out.

That is right, since an investor will keep his holding for the long term, this short-term volatility of the market should not be a cause for concern for him. For him, no matter how the market is going now, whether it goes down or up, he has to keep his holding for the long term. Because since he does not need to make profit by taking advantage of this volatility, he does not need to worry about this volatility unnecessarily. And for that reason, an investor should always aim to keep his investment consistent and stable in the long term. Whatever the market situation, it is more important to be patient, disciplined and steadfast in his plan, but those who exit the market after seeing these small profits, end up being deprived of future profits, which will bring them disappointment in the future.

[abaeze]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

It is true that research, knowledge and discipline help an investor to stay away from the emotions of the market. However, I do not completely agree with the statement that investing without proper research is basically gambling because even long-term investments have uncertainties. Research can reduce risk but cannot eliminate risk. In many cases, an investor can fail even after doing good research. Because the success of an investment is associated with its profit.

[Rabata]

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.

Research is definitely necessary, but I can't accept that without research, the same mistakes will always happen. If someone is new and doesn't know everything about Bitcoin in advance, they can still start with a small amount based on their own discretionary income. Yes, Bitcoin can be bought in fractions and it is important to know this, but it may not be right to say that they are excluded from investing just because they don't know this information.

There are many new people who learn slowly. Again, someone may only know where to buy a small amount of Bitcoin at first. Then over time they learn about their wallet, security, fees, long-term planning and risks. You don't need to be an expert to start, but starting small builds real experience. In fact, I believe that this real experience is often more effective than just studying.

[Different patterns]

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 really have a point, and I agree with your statement. because bitcoin investment is not about having a huge amount without plan how to use it, bitcoin investment is talking about how well investors can manage the available money they have to be able to stay consistent in bitcoin. Some people can earn enough funds but still lack plan how to use it well. While someone with just little income may know how to stick to their plan and figured out the discretionary income so that they can able to stay consistently invest. As you just said, knowledge is very important, because is that lack of knowledge that some folks do not have, make them overcomplicate bitcoin, some people believe towards bitcoin, you must have a big amount of money befor start, but I can say they lack basic understanding, because if they understand the basics even with small amounts they can start and building bitcoin position gradually with time it will become something bigger.

[Princess Leah]

Research is definitely necessary, but I can't accept that without research, the same mistakes will always happen. If someone is new and doesn't know everything about Bitcoin in advance, they can still start with a small amount based on their own discretionary income. Yes, Bitcoin can be bought in fractions and it is important to know this, but it may not be right to say that they are excluded from investing just because they don't know this information.

There are many new people who learn slowly. Again, someone may only know where to buy a small amount of Bitcoin at first. Then over time they learn about their wallet, security, fees, long-term planning and risks. You don't need to be an expert to start, but starting small builds real experience. In fact, I believe that this real experience is often more effective than just studying.

The thing with Bitcoin is that understanding it is not very tough, what do a newbie need to know if not how to buy and where to store it for a start? Those things won't take too long to learn and understand, so the newbie can start buying if the discretionary funds is available, then other things can be learnt on the long run.

 With that being said, newbies shouldn't wait till they learn everything about Bitcoin before buying.Bitcoin currently reached $80k, imagine waiting to learn it all and it get to another all time high before the newbie finished learning, the person would've miss opportunities of buying it below the new all time high. That's why it's not good to learn everything before investing, a newbie can start buying while still in the process of learning.

[Grease5000]

Research is definitely necessary, but I can't accept that without research, the same mistakes will always happen. If someone is new and doesn't know everything about Bitcoin in advance, they can still start with a small amount based on their own discretionary income. Yes, Bitcoin can be bought in fractions and it is important to know this, but it may not be right to say that they are excluded from investing just because they don't know this information.

There are many new people who learn slowly. Again, someone may only know where to buy a small amount of Bitcoin at first. Then over time they learn about their wallet, security, fees, long-term planning and risks. You don't need to be an expert to start, but starting small builds real experience. In fact, I believe that this real experience is often more effective than just studying.

The thing with Bitcoin is that understanding it is not very tough, what do a newbie need to know if not how to buy and where to store it for a start? Those things won't take too long to learn and understand, so the newbie can start buying if the discretionary funds is available, then other things can be learnt on the long run.

 With that being said, newbies shouldn't wait till they learn everything about Bitcoin before buying.Bitcoin currently reached $80k, imagine waiting to learn it all and it get to another all time high before the newbie finished learning, the person would've miss opportunities of buying it below the new all time high. That's why it's not good to learn everything before investing, a newbie can start buying while still in the process of learning.

All newbies need before they start buying bitcoin is basic knowledge which includes where to buy bitcoin, how to buy and where to store bitcoin. If someone is able to figure out his discretionary income he don't have to wait until he  have researched and gather all the information about Bitcoin before buying, he can go ahead and start buying while learning more at the same time.

You don't have to know everything before you start. Just understand the basics, start small with money you don't need for your daily expenses, and keep learning as you continue accumulating.

[sotelorene]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

It is true that research, knowledge and discipline help an investor to stay away from the emotions of the market. However, I do not completely agree with the statement that investing without proper research is basically gambling because even long-term investments have uncertainties. Research can reduce risk but cannot eliminate risk. In many cases, an investor can fail even after doing good research. Because the success of an investment is associated with its profit.

You are right to some extent but if someone has gotten the basic knowledge of Bitcoin and have improved on the way they perceived Bitcoin investment before I do not see any need for someone to be doing research unless they have the short term mindset which is to sell very quick when they are in profit and the research is what tells the point or high or low Bitcoin will "likely" get to. Investors can not fail in Bitcoin unless they have unclear decision or if Bitcoin drop down to zero outside this nothing will make them fail or maybe lack for discretionary income.

[bangjoe]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

It is true that research, knowledge and discipline help an investor to stay away from the emotions of the market. However, I do not completely agree with the statement that investing without proper research is basically gambling because even long-term investments have uncertainties. Research can reduce risk but cannot eliminate risk. In many cases, an investor can fail even after doing good research. Because the success of an investment is associated with its profit.

I'm sure you don't realize that risk is related to everything, including eliminating some risks, meaning that there are risks that can be eliminated if we have good research and with discipline also with calm emotions, from this behavior can make most of the risks disappear, uncertainty is a law in talking about the future, it is a risk that definitely exists and cannot be eliminated, but at least if you have the best research you can be much safer, including managing risks, that's where the main point is.

But you don't doubt if it's bitcoin, you can see a lot of research results that have been put forward by many experts and even if you do your own research on bitcoin, as long as you invest in bitcoin for the long term, profits will accompany your investment.

[canmehmeh]

You are right to some extent but if someone has gotten the basic knowledge of Bitcoin and have improved on the way they perceived Bitcoin investment before I do not see any need for someone to be doing research unless they have the short term mindset which is to sell very quick when they are in profit and the research is what tells the point or high or low Bitcoin will "likely" get to. Investors can not fail in Bitcoin unless they have unclear decision or if Bitcoin drop down to zero outside this nothing will make them fail or maybe lack for discretionary income.

That is why Bitcoin investment offers advantages not found in other investment models when approached correctly with a long-term strategy, failure is virtually impossible. Some people worry excessively before even starting instead of building the confidence needed to invest, they become paralyzed by the fear of failure. It is precisely this mindset that often prevents people from achieving financial freedom.

If one invests in Bitcoin correctly, incurring a loss is virtually impossible. We know that Bitcoin cycles are a reality the key to success lies in maintaining consistency through a measured approach and the use of the right strategy and if that is done, the investment will certainly proceed as expected.

[Razmirraz]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

In as much as i will like to say that you are right i will also like to let you know that an investor does not have any business whether the market is very volatile or not because they are not traders and they are not investing for short period, the people that should be reasoning or thinking about volatility of the market are traders because their target is always to get in quick and get out very fast for those that are not greedy to make all the whole profit in that market at  that particular day because if they are..., market will surely closed them out.

Investors don’t stress about daily red candles. They’re thinking 5-10 years out. Fundamentals. That’s it. Traders, Different story. They live and die by volatility. Blink and your capital’s gone. That’s why they’re glued to the charts every single day. Most traders don’t fail because of the market. They fail because of greed and because they underestimate how wild volatility can get. Bitcoin doesn’t reward the gamblers. It rewards the patient ones. The ones who can sit through the crashes without panic-selling and just keep stacking. Not the guys chasing a quick 10%.

[Agbam]

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.

First off, what are you agreeing to; Bitcoin is a long term investment and should be approached as such, going into it for a short term is only trading and majority of the time it’s just greed after profit. So you can’t say it’s different, if you’re not investing for the long term you’re trading.

You know that there are traders who trade based on timeframes; we have the 1Hour, 4Hours, and 1Month as well as the 1 or 2 years traders, these long term traders cannot be called investors.

You don’t become an investor because you chose to buy bitcoin because of one purpose or the other, bitcoin is a volatile asset and you can’t depend on it to pay back a debt or loan on a short term… doing that makes you a trader because you’re taking a speculative position on Bitcoin’s price.

[Abbatty]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

Why you making it sound like for every successful investment you need to make proper research. This kind of talks could make newbies think they need to all the knowledge before starting their investment journey. I don’t think much need to be learn rather than the basic, which is having a discretionary income and making sure you stick to the DCA strategy. A lot of people need to know that they just have to be consistent about their accumulation, so long they can hold for a long period of time, then their is a high tendency they will have a good investment.

We shouldn’t make Bitcoin investment look too complicated for people, we should just let them know about the basics and that they need to invest as soon as they have discretionary income.

[RockBell]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

It is true that research, knowledge and discipline help an investor to stay away from the emotions of the market. However, I do not completely agree with the statement that investing without proper research is basically gambling because even long-term investments have uncertainties. Research can reduce risk but cannot eliminate risk. In many cases, an investor can fail even after doing good research. Because the success of an investment is associated with its profit.

I don't think you even need to do anything because the way it operates is that you have no choice but to follow, since you won't be successful unless you do. Emotions, in my opinion, are the least important factor. However, when it comes to the market, where prices are declining, this becomes problematic since, even in the market, you have no choice but to wait. And if you want to invest, you need to be disciplined, and that is why you need to do your own research before you start anything, so that you will know what to expect when you eventually start investing.

[Rabata]

Research is definitely necessary, but I can't accept that without research, the same mistakes will always happen. If someone is new and doesn't know everything about Bitcoin in advance, they can still start with a small amount based on their own discretionary income. Yes, Bitcoin can be bought in fractions and it is important to know this, but it may not be right to say that they are excluded from investing just because they don't know this information.

There are many new people who learn slowly. Again, someone may only know where to buy a small amount of Bitcoin at first. Then over time they learn about their wallet, security, fees, long-term planning and risks. You don't need to be an expert to start, but starting small builds real experience. In fact, I believe that this real experience is often more effective than just studying.

The thing with Bitcoin is that understanding it is not very tough, what do a newbie need to know if not how to buy and where to store it for a start? Those things won't take too long to learn and understand, so the newbie can start buying if the discretionary funds is available, then other things can be learnt on the long run.

 With that being said, newbies shouldn't wait till they learn everything about Bitcoin before buying.Bitcoin currently reached $80k, imagine waiting to learn it all and it get to another all time high before the newbie finished learning, the person would've miss opportunities of buying it below the new all time high. That's why it's not good to learn everything before investing, a newbie can start buying while still in the process of learning.

There are many things to know about Bitcoin that you may not be able to learn even after years of time. But there is no obligation to know everything to start. You are right that new users should not wait until they learn everything about Bitcoin before buying. Because starting is the only way to gain real experience. There are many things in Bitcoin that you may not know well by studying, but when you start yourself, you can learn from your own real experience. There is definitely a lot to know about Bitcoin technicalities, but if someone does not want to learn it, there is no problem. If someone makes a long-term plan, he should invest considering his income and expenses. Money that he needs after a few months cannot be invested.

[Proty]

Proper research and understanding are the key differences between an ordinary investor and a disciplined investor. Investing without proper research is basically gambling. When the market is very volatile, proper knowledge protects the investor from unnecessary fear or excessive greed. Even if technological changes occur, research keeps you prepared in advance to deal with potential risks.

Why you making it sound like for every successful investment you need to make proper research. This kind of talks could make newbies think they need to all the knowledge before starting their investment journey. I don’t think much need to be learn rather than the basic, which is having a discretionary income and making sure you stick to the DCA strategy. A lot of people need to know that they just have to be consistent about their accumulation, so long they can hold for a long period of time, then their is a high tendency they will have a good investment.

We shouldn’t make Bitcoin investment look too complicated for people, we should just let them know about the basics and that they need to invest as soon as they have discretionary income.

You are right. There is no need for us to make bitcoin investment to look as if it is difficult or tedious for beginners or newbies. We must not know everything about bitcoin investment before we can start accumulating bitcoin. As a newbie having a basic knowledge about bitcoin investment, the risk involved and being able to figure out our discretionary is what is needed to start investing in bitcoin. However am not ruling out or saying that making research isn't essential because it will help a newbie to avoid making some mistakes.
DCA can help us to be consistent with bitcoin accumulation but it won't make us to understand how bitcoin works. It is more easy to be investing in bitcoin while learning more about it.

[Sunshine1525]

You are right. There is no need for us to make bitcoin investment to look as if it is difficult or tedious for beginners or newbies. We must not know everything about bitcoin investment before we can start accumulating bitcoin. As a newbie having a basic knowledge about bitcoin investment, the risk involved and being able to figure out our discretionary is what is needed to start investing in bitcoin. However am not ruling out or saying that making research isn't essential because it will help a newbie to avoid making some mistakes.
DCA can help us to be consistent with bitcoin accumulation but it won't make us to understand how bitcoin works. It is more easy to be investing in bitcoin while learning more about it.

In general it's not as difficult as it seems but for some people it can be very difficult because our level of understanding is different, while a particular person use common sense to figure out things without being taught some would require learning with explanations from a mentor or someone more knowledgeable before they can understand.

Like you said, "we mustn't know it all before starting" but some people don't understand that they feel they have to know it all and understand it very well before they can start. It takes someone else who understand that they can start and learn more while they're investing to help such person understand and start investing instead spending time learning it all.