JJG’s Outline of Bitcoin Investment Ideas

[Crakryptvest]

To invest in Bitcoin, we must know how to maintain our Bitcoin investment, whether we are a new Bitcoin investor or an old investor, it mainly depends on the strategy we follow. The more you follow the Bitcoin investment strategy, the more likely you are to succeed in the future.

Hope you know that there is different between maintaining and protecting your investment, in maintaining our Bitcoin investment, we need to continuously have our discreationary income income as without it, we can not invest properly, as for the strategy that works perfectly for every investor, the DCA strategy is the answer.

Therefore, it is most important to form an emergency fund, because only an emergency fund will protect your Bitcoin investment and make it possible to travel safely in the future.
Therefore, along with Bitcoin investment, it is important to form a Bitcoin emergency fund.

I don't think that at this level, anyone will ignore the importance of emergency funds as whats safeguard our Bitcoin investment during unexpected financial challenges, it means that, both our emergency funds and discreationary income are very much needed for us to acumulate Bitcoin and hodl without reconsidering our earlier stance of investing for a long-term by selling off some part of your Bitcoin.

[Alonso_]

The moment someone failed to hold bitcoin for a long term they automatically become a trader whether it was part of their plans initially or not . The main reason why most people do panic is mostly as a result of investing with money that is for their basic needs and they can afford to lock this money away for years. Therefore there is tendency for them to Panic and make decisions based on fear.
Holding bitcoin for a long term doesn't mean it is guaranteed for a successful returns.

We can arguably say there is guarantee of making profit when bitcoin is held over a long period of time. going by it’s behaviour and history, there has never been anyone that has come out to say that they held bitcoin for long time that didn’t get a reasonable return of investment, if it wasn’t guaranteed we won’t even be wasting our time advocating for long term storage, believe in bitcoin, believe in its long term holding rewards.

You’re wrong, investing in bitcoin for the long term doesn’t guarantee you anything, there are people who invest in bitcoin without having the mindset of ROI, we are always advised to keep buying and investing in bitcoin for the long term because it gives an opportunity for profits but doesn’t give you a guarantee of profits, first of all you’ve to stay consistent with buying bitcoin to have whatever chance of profit you’re talking about, I think everyone might have different priorities when investing in bitcoin.

There are people who have been investing in bitcoin for years but doesn’t care about profits, you might be investing for decades and still end up not having a profit, anything is possible.

[Princess Leah]

You’re wrong, investing in bitcoin for the long term doesn’t guarantee you anything, there are people who invest in bitcoin without having the mindset of ROI, we are always advised to keep buying and investing in bitcoin for the long term because it gives an opportunity for profits but doesn’t give you a guarantee of profits, first of all you’ve to stay consistent with buying bitcoin to have whatever chance of profit you’re talking about, I think everyone might have different priorities when investing in bitcoin.

There are people who have been investing in bitcoin for years but doesn’t care about profits, you might be investing for decades and still end up not having a profit, anything is possible.

One thing people don't understand is that the past doesn't determine the future, the future is unknown and anything is possible even negative things too, although we always hope for the positive ones. The history of Bitcoin is just a proof of how successful it has been although it can be motivating and make people have conviction that it would keep doing better.

 However nothing is guaranteed, which is why we're investing with our discretionary funds, if long term success was guaranteed many would sold all their properties including using funds for essentials to buy it.

[Sammysmart001]

there are people who invest in bitcoin without having the mindset of ROI,

You right cause not every Bitcoin investor are investing mainly for profit, some people are more focused on building a Bitcoin posible or to protect part of their savings over time. So the goal will be different from simply buying now and having to sell it later for profit. This are why I would say we should be careful with the idea of long term holding guarantees anything. Having to hold for many years gives somone more time experience of different market cycles and result will still depend on their entry prices. Amount being accumulated and what they are eventually doing with their Bitcoin.

[sotelorene]

there are people who invest in bitcoin without having the mindset of ROI,

You right cause not every Bitcoin investor are investing mainly for profit, some people are more focused on building a Bitcoin posible or to protect part of their savings over time. So the goal will be different from simply buying now and having to sell it later for profit. This are why I would say we should be careful with the idea of long term holding guarantees anything. Having to hold for many years gives somone more time experience of different market cycles and result will still depend on their entry prices. Amount being accumulated and what they are eventually doing with their Bitcoin.

Is there anyone who is investing in Bitcoin without the objective to make profit? Well the answer to this question is NO! Anyone who is investing in Bitcoin is doing it for the purpose of making profit either in the short term or in the future just that it is not advisable to invest with the short term mindset because it can make someone panic or sell at loss because the market is very volatile. The fact that  people are saving their fiat in Bitcoin doesn't mean they are only protecting it because if there is no profit at the end they wouldn't have save...

[Sim_card]

You right cause not every Bitcoin investor are investing mainly for profit, some people are more focused on building a Bitcoin posible or to protect part of their savings over time. So the goal will be different from simply buying now and having to sell it later for profit. This are why I would say we should be careful with the idea of long term holding guarantees anything. Having to hold for many years gives somone more time experience of different market cycles and result will still depend on their entry prices. Amount being accumulated and what they are eventually doing with their Bitcoin.

I believe that there are some wealthy people who are investing in bitcion to preserve their wealth against inflation since, fiat losses its purchasing power overtime. Why are countries trying to see how they can have their own bitcoin reserve, it's to preserve part of the country wealth because bitcoin has proved to be a store of value overtime.

If you invest in traditional assets, they're still prune to inflation since, government policy can affect the business and if you save your money in the bank, it loses its purchasing power overtime. This is why bitcoin is a good asset to throw some value into. Future profit is only an additional benefits for putting your discretionary income into bitcoin and hodli overtime.

[Rockson1]

One thing people don't understand is that the past doesn't determine the future, the future is unknown and anything is possible even negative things too, although we always hope for the positive ones. The history of Bitcoin is just a proof of how successful it has been although it can be motivating and make people have conviction that it would keep doing better.

 However nothing is guaranteed, which is why we're investing with our discretionary funds, if long term success was guaranteed many would sold all their properties including using funds for essentials to buy it.

Going by what has been the thing of Bitcoin, Bitcoin has remain futuristic, even though it has been frequently said that nothing is guarantee in Bitcoin investment, I think nothing has changed about Bitcoin, is that not a justification for any investor to leverage on to continue to invest with the mindset that they future might be favourable to him or her.

However, you are right that the reason why most people still buy Bitcoin cautiously with their discreationary income is because of the term you streesd on which is nothing is assured, if not, maybe some people that are not well to do financially would have not had any Bitcoin.

[Charcol]

having $80k remains doesn't mean you should it all into bitcoin, exepecially for the newbies. Let's assume the $80k are your discretionary income available and you don't have any backup funds aside, if actually you invest all the $80k once, trust the would be a big problem, because any little emergency can force you to sell everything just to settle the bills, and you are actually selling it at a big lost, I can attest that, most beginners usually fall into this kind of victim, because there was no proper plans at initial stage.
  The ideas of DCA strategy is the best  than putting all the funds into it at once, though it's a choice, if i have the 80k, I just will use 40k savings for only qll my expenses or as an emergency funds, then the 40k left can be invested into bitcoin using DCA strategy, investing like $100  every week gradually for and holding it for long-term period, once all my expenses are settled, I will then proceed to increase my stacking to 200 or more Comfortably, because I know I don't have to be panicking anymore whenever emergency comes over.

Enough of this assumption, how is that even possible for a guy to be getting $80k as discretionary income does he pay bills? Do they have expenses to take care of? A guy who  has responsibility is unlikely to have such a huge amount of money as discretionary income. Let's assume a guy is getting $80k in his discretionary income, if the guy is a newbie then I will say there's no problem if they want to go all in especially during their first time of buying bitcoin. You know when a beginner get involved in a good investment such as bitcoin they will want Their Bitcoin portfolio to grow to a better level in less than one week or two, but I would suggest that even though they will want to do that maybe in their first time of buying Bitcoin, then when next they figure out their discretionary income they shouldn't go all-in but to try as much as they can to save up for emergency and backup even though it requires keeping 20% for each of the funds then they can decide to go all in with the remaining 60% then when they notice that they have gone far in accumulating bitcoin then they can start prioritizing Their emergency funds and backup funds by increasing the percentage, that's instead of 20% they will have to increase it to 30% or more for each of the funds then put the remaining 40% into their bitcoin investment.

For a new investor, investing all of their discretionary income in the first month may seem like a strong decision or a good thing, but in reality, it can often create a weak position. If they don't have an emergency fund in place, it's probably important for them to balance that money between small emergencies, family expenses, and buying Bitcoin. Rather than investing too much, it's more important to make decisions based on your ability. Especially for a new person who hasn't yet tested market fluctuations, their patience, and how they will behave in times of sudden need. If the price drops, the problem is not just the loss on paper, but if they have an emergency, serious medical needs, family expenses, or a salary cut, they may have to sell at a time that goes against their long-term plans.

[ChocolateBitcoinK]

Let's assume a guy is getting $80k in his discretionary income, if the guy is a newbie then I will say there's no problem if they want to go all in especially during their first time of buying bitcoin.

For a newbie this is definitely the worst kind of advice you can give, because if we are assuming their person is a newbie we can also assume they don't have their emergency fund or any backup fund in place, if they go all in on buying bitcoin with that $80k then they end up with 80k worth of bitcoin and $0 worth of emergency fund, the moment something goes wrong they will have to sell their bitcoin, it's a no-brainer.
But if they split the money between their investment, their emergency fund and also their discretionary spendings, now the percentage for this split is up to the individual but splitting their discretionary income into 3 parts is the best move for a newbie who wants to invest in bitcoin.

To invest in Bitcoin, we must know how to maintain our Bitcoin investment, whether we are a new Bitcoin investor or an old investor, it mainly depends on the strategy we follow. The more you follow the Bitcoin investment strategy, the more likely you are to succeed in the future. Therefore, it is most important to form an emergency fund, because only an emergency fund will protect your Bitcoin investment and make it possible to travel safely in the future.
Therefore, along with Bitcoin investment, it is important to form a Bitcoin emergency fund.

An emergency fund is money set aside to cover unexpected medical expenses, job loss, or other unforeseen expenses. It is not a requirement or the only protection for investing in Bitcoin. The important thing in investing is to use money that you will not need in the near future and that will not cause problems with your daily life or essential expenses if its value decreases.

Having an emergency fund does not eliminate Bitcoin price fluctuations or market risk. The value of Bitcoin can drop significantly. An emergency fund should be seen as an important part of financial security. But not the only basis for investment success.

[ZeroVinsonN]

To invest in Bitcoin, we must know how to maintain our Bitcoin investment, whether we are a new Bitcoin investor or an old investor, it mainly depends on the strategy we follow. The more you follow the Bitcoin investment strategy, the more likely you are to succeed in the future. Therefore, it is most important to form an emergency fund, because only an emergency fund will protect your Bitcoin investment and make it possible to travel safely in the future.
Therefore, along with Bitcoin investment, it is important to form a Bitcoin emergency fund.

You should know that your emergency fund doesn't just serve your bitcoin investment, it serves your entire life, even people who are not investing in bitcoin should have emergency fund and that's also why some people can come into bitcoin investment with their emergency fund already in place because they understand that having an emergency fund is one way to pull through unexpected circumstances that can come up in life.

~

An emergency fund is money set aside to cover unexpected medical expenses, job loss, or other unforeseen expenses. It is not a requirement or the only protection for investing in Bitcoin. The important thing in investing is to use money that you will not need in the near future and that will not cause problems with your daily life or essential expenses if its value decreases.

Having an emergency fund does not eliminate Bitcoin price fluctuations or market risk. The value of Bitcoin can drop significantly. An emergency fund should be seen as an important part of financial security. But not the only basis for investment success.

Just like your investment, your emergency fund also comes from your discretionary income and sometimes you will find people assuming that since they should invest with their discretionary income and also invest with money they can afford to lose them their entire discretionary income equals money they can afford to lose, this is simply not true, our discretionary income is what's left after we've paid for our basic expenses but that doesn't mean we can afford to lose, at least not all of it.
So if someone what's to invest in bitcoin, they should ask themselves what amount of their discretionary income can they tolerably invest with, there is no point in being overly aggressive if you can't handle it.

[Odohu]

There are people who have been investing in bitcoin for years but doesn’t care about profits, you might be investing for decades and still end up not having a profit, anything is possible.

Your statement sound as if you are spreading fears because someone that put this in mind will not hesitate to sell whenever the investment is in good profits. It may not be what you intend to convey but that is the interpretation some people can give that statement because no one would want to invest in Bitcoin and not see profits.

There is always high chances of getting profits when the investor holds for long which is why long term investment is recommended as Bitcoin have shown that the gain is in having faith to hold for as long as necessary.