JJG’s Outline of Bitcoin Investment Ideas

[Saltysugar99]

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%.

You are right. The focus of a long-term investor is usually not on short-term price, but on building his Bitcoin position. He can think about a time horizon of 4-10 years or more. He has to manage his income, expenses, backup funds, discretionary income and position size. Because even if you are mentally strong, if you buy bitcoin with the needed money, then if the price of bitcoin decreases and your expenses increase at that time, you may be forced to sell bitcoin. The situation of a trader is definitely different. He looks for opportunities from the price movement, so volatility is both a risk and an opportunity for him. But I will not say that all traders fail due to greed. Some traders may be disciplined, know risk management, control position size. The problem is when the trader thinks he is smarter than the market and this overconfidence forces him to suffer big losses. Because it is not possible to predict bitcoin in any way. Maybe someone made a prediction due to luck and the market worked in his favor at that time.

As DCA or regular buying can be useful. If the price is red, more sats get with the same money, if it is green, less sats can be obtained, but the investor does not have to make a new buying plan by looking at each candle. The investor tries to ignore short-term volatility, the trader tries to extract income or profit from volatility. The goals of the two are different, so the behavior is also different. But the strength of a long-term investor is not only patience, but also a system where short-term market moves cannot control his decisions.

[Comeacross]

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.

Knowledge and discipline work hand in hand for investor to succeed. If you're investing without knowledge, you're not just gambling, you're wasting your resources and time because you're likely to lose it eventually. Gambling requires knowledge too because you need to understand the options you're choosing.

With your knowledge, if you don't have discipline, you may be making wrong decisions at the wrong time. Likewise, if you're discipline but you lack knowledge, you may be doing the wrong practice consistently due to lack of knowledge. Discipline is what makes you to act based on your knowledge. It's like the rules you play by otherwise, you end as knowledgeable loser. You need both in the journey of your investment.

[B-BossMan]

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.

Knowledge and discipline work hand in hand for investor to succeed. If you're investing without knowledge, you're not just gambling, you're wasting your resources and time because you're likely to lose it eventually. Gambling requires knowledge too because you need to understand the options you're choosing.

With your knowledge, if you don't have discipline, you may be making wrong decisions at the wrong time. Likewise, if you're discipline but you lack knowledge, you may be doing the wrong practice consistently due to lack of knowledge. Discipline is what makes you to act based on your knowledge. It's like the rules you play by otherwise, you end as knowledgeable loser. You need both in the journey of your investment.

Am not denying the facts that knowledge is good in bitcoin investment journey, but let it not be the first priority. Your First priority should be making an attempt to invest at first and be learning along the line when experiences different transactions and buying. But a newly investors doesn't need to spend much of thier time for years just to gain knowledge before investing, that's why I do believed in investing the little discretionary income available at the moment, while learning or studying at the same time, and could you believe that there are still some people that will read thousands of investment books and have the knowledge,but they will still be struggling especially when they experience the market down fall, they cannot even control thier imotion at that moment, so does acquiring knowledge works then. Let the investors treat the bitcoin journey as a continuous process.

[ZeroVinsonN]

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.

Just knowing about something or how it works doesn't automatically mean that a person understands it or can go through experiencing it without shaking, people can talk about knowing that bitcoin is a volatile asset but their very first experience of this volatility always shakes them, you don't have to see during a DIP out of fear before you can say that dip worried you because at one point or the other when that dip happened a new bitcoin investor must have asked themselves whether or not bitcoin will actually be able to recover.
Knowledge doesn't eliminate fear, not like that so if a person wants to start investing in bitcoin they don't necessarily need to know that much, buying with their discretionary income, knowing that bitcoin is a volatile asset, setting up an emergency fund, a person can start buying bitcoin with this much knowledge, a secured wallet can follow and any other knowledge they think they need.

[Charcol]

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.

Research and necessary knowledge can certainly improve an investor's decision. But I cannot accept that starting an investment without doing enough research will turn it into a straight gamble. If someone wants to start, then as a new investor, it is not necessary to know all the technical aspects of Bitcoin, market cycles or future value in detail.

Two things are needed to start investing, which are common sense and discretionary income. In the beginning, he just needs to understand that the price of Bitcoin is volatile and there is no guarantee of profit here, so he cannot put money into Bitcoin that is part of its basic cost. To start Bitcoin, discretionary income is definitely needed. The common sense of the new investor will tell him the amount of discretionary income. Later, after starting, he can decide for himself.

[GIF-JOBS]

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.

Knowledge and discipline work hand in hand for investor to succeed. If you're investing without knowledge, you're not just gambling, you're wasting your resources and time because you're likely to lose it eventually. Gambling requires knowledge too because you need to understand the options you're choosing.

With your knowledge, if you don't have discipline, you may be making wrong decisions at the wrong time. Likewise, if you're discipline but you lack knowledge, you may be doing the wrong practice consistently due to lack of knowledge. Discipline is what makes you to act based on your knowledge. It's like the rules you play by otherwise, you end as knowledgeable loser. You need both in the journey of your investment.

Knowledge and discipline are not substitutes for each other. One helps in making the right decision and the other in following the decision consistently. Without knowledge, if a person has discipline, he can follow the rules, but if that rule is wrong, then he will continue to make wrong decisions very systematically. Despite having knowledge, if there is no discipline, he can deviate from the right decision he knows to be right due to market fluctuations, fear or emotions. It is not enough to just know, but also to have the mental control to apply that knowledge correctly at the right time.

It is not entirely correct to directly associate investment with gambling. In gambling the results are usually very uncertain. Investing without knowledge can turn into gambling-like behavior.
Therefore  for a successful investor just recognizing good opportunities is not enough. Understanding the risks  investing within your capabilities, following the plan and not breaking the plan emotionally are equally important. In the end, knowledge shows the right path. And discipline helps you stay on that path.

[Joeboy]

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.

Researching before kickstarting your accumulation journey is no guarantee that you will be knowledgeable enough about Bitcoin.. And truth be told, there are some aspects of Bitcoin that you can properly be informed about only when you start.. For example, aspect like volatility. You could read online or in forum like this about how Bitcoin dips, but that alone cannot prepare you on how to react during dip... And the same thing applies to the psychological side of investing.. There are some folks that would tell themselves that they will actually remain calm during price dips, but it is when you actually experience this dips and see your own portfolio dropping in value that you can only get to know if that calmness will be there... And that is why practical experience gives more knowledge that just researching alone... Don't get me wrong since I am not against research... My opinion is simply that folks don't need to understand everything before making their first buy, since they can simply start responsibly with the amount they can comfortably afford while learning as you go...

[Nwaswago]

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.

Research and necessary knowledge can certainly improve an investor's decision. But I cannot accept that starting an investment without doing enough research will turn it into a straight gamble. If someone wants to start, then as a new investor, it is not necessary to know all the technical aspects of Bitcoin, market cycles or future value in detail.

Two things are needed to start investing, which are common sense and discretionary income. In the beginning, he just needs to understand that the price of Bitcoin is volatile and there is no guarantee of profit here, so he cannot put money into Bitcoin that is part of its basic cost. To start Bitcoin, discretionary income is definitely needed. The common sense of the new investor will tell him the amount of discretionary income. Later, after starting, he can decide for himself.

Research is valuable, but treating every early investment without deep technical knowledge as “gambling " is too strong,A new investor does not need to master market cycles,or future valuation models before putting in his/her discretionary income. I think what they need is to know that Bitcoin is volatile and there is no guaranteed profit, so they shoul only invest Money they can afford to lose (true discretionary income).
Once those two filters are in place, starting with a small allocation is not reckless gambling, it is the practical first step that turns abstract knowledge into lived experience. Most long-term holders began this way. They learned the technical details after they had skin in the game, not before.The real risk is not starting with incomplete knowledge. The real risk is either Putting in money that is not discretionary, or
Refusing to learn anything once the position is open.
Research improves decisions and reduces emotional mistakes. Experience (even small) creates the motivation to keep researching.

[Grease5000]

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.

Knowledge and discipline work hand in hand for investor to succeed. If you're investing without knowledge, you're not just gambling, you're wasting your resources and time because you're likely to lose it eventually. Gambling requires knowledge too because you need to understand the options you're choosing.

With your knowledge, if you don't have discipline, you may be making wrong decisions at the wrong time. Likewise, if you're discipline but you lack knowledge, you may be doing the wrong practice consistently due to lack of knowledge. Discipline is what makes you to act based on your knowledge. It's like the rules you play by otherwise, you end as knowledgeable loser. You need both in the journey of your investment.

Research is important, but I don't agree that research alone can  makes someone better prepared on how the market operates. 

 When it comes to accumulating bitcoin having a first hand experience teaches you  things that research cannot fully prepare you for. Someone can read many books about bitcoin and understand volatility very well  and may be convinced they can control their emotions, but when they see their investment going  down their emotional reaction can be completely different from what you expected.

This is why it is better to start accumulating bitcoin early  as soon as you gain the basic knowledge and are able to figure out your discretionary income than waiting to gather all information about Bitcoin before starting which may  result to delay in your quest to accumulate bitcoin, because while proper research and understanding tells you what can happen, experience shows you how you personally react when it happens.

But this doesn't mean someone should invest blindly. You need basic knowledge to understand what you are buying, how to buy it, where to store it, using only discretionary income and the use of DCA or Lump sum strategy depending on which suits your finance. But you don't need to know everything before making your first buy.

[Wash Skin]

Knowledge and discipline work hand in hand for investor to succeed. If you're investing without knowledge, you're not just gambling, you're wasting your resources and time because you're likely to lose it eventually. Gambling requires knowledge too because you need to understand the options you're choosing.

Investing definitely requires knowledge, no matter what field you are in, you definitely need knowledge in Bitcoin investment. However, if you can continue to buy normally and move forward into the future, then you can definitely make yourself successful. Otherwise, if you cannot follow the right strategy, you can make yourself a part of gambling.

With your knowledge, if you don't have discipline, you may be making wrong decisions at the wrong time. Likewise, if you're discipline but you lack knowledge, you may be doing the wrong practice consistently due to lack of knowledge. Discipline is what makes you to act based on your knowledge. It's like the rules you play by otherwise, you end as knowledgeable loser. You need both in t NMhe journey of your investment.

See, it is necessary to adopt a strategy, if you follow the strategy, you will be able to reach success. You invest a small amount but buy Bitcoin regularly, if you create an emergency fund along with Bitcoin investment, you will be able to benefit more and the risk will be less. If you invest in Bitcoin and follow the strategy, then only then you will be able to reach success.

[Olatundespo]

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.

For new investors who do not have the patience to do research or are too busy to do it, the best investment strategy is to accumulate Bitcoin in the DCA method. There are many new investors who have available funds but are busy with their work like job and business they can make the best decisions by gaining basic knowledge about Bitcoin and accumulate Bitcoin regularly.
A proper research can take the investor to his desired Bitcoin holding level, but you can also conduct market research during the DCA period. In such a situation the market will be dynamic and constantly fluctuating in price, so the DCA method is a way to conduct research and take Bitcoin decisions smoothly. Through this consider the initial period as one cycle and the second phase as another cycle. In this way, keep DCAing Bitcoin in line bar with the pace of your earnings.

[Rockstarguy]

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.

And after having all this, it is also important to know that Bitcoin is not an investment to get rich quick. Having a long-term mindset makes investing in Bitcoin yield good results, and it is also important to understand that Bitcoin is volatile and anything can happen in the market. Understanding the volatility of Bitcoin at least makes one aware of what the market is like.

These are important aspects a beginner needs to understand in Bitcoin investment because having discretionary income is not enough to hodl Bitcoin; there needs to be belief and understanding of why one must hodl while dealing with the uncertainty of the market.

[Proty]

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.

And after having all this, it is also important to know that Bitcoin is not an investment to get rich quick. Having a long-term mindset makes investing in Bitcoin yield good results, and it is also important to understand that Bitcoin is volatile and anything can happen in the market. Understanding the volatility of Bitcoin at least makes one aware of what the market is like.

These are important aspects a beginner needs to understand in Bitcoin investment because having discretionary income is not enough to hodl Bitcoin; there needs to be belief and understanding of why one must hodl while dealing with the uncertainty of the market.

Having a long term mindset is something that is really crucial because most newbies do enter the market with a wrong mindset of making quick profit. A newbie may have been able to figure out there discretionary income, but it may be difficult for them to be able to hold for a long term if they lack an understanding on how bitcoin investment works and also gets to know that volatility is part of the market , especially when the market isn't going the way they planned. An understanding of the risk involved in investing in bitcoin will make it possible for a newbie not to panic when the market isn't going the way they want. Bitcoin rewards only those that consistent and patient to be able to hold for a long term.