Buy Buy Buy or Sell Sell Sell?

[Loyang]

If some people are concerned about the price, they'll say it's too high to buy. We'll wait for the Bitcoin price to fall below $110,000. So, if the Bitcoin price is currently below $110,000, or more precisely, $104,500, do you still believe this is still high?

I want to say, if you want to buy for investment, it's not a good idea to delay because of the price. Delaying based on the high price is where the mistake lies, even though everyone has their own methods and strategies. The problem isn't trading, but long-term investing.

Those who say that the price of Bitcoin is too high may not understand what Bitcoin is. The reason for saying this is because of the Bitcoin network and the supply of Bitcoin. Looking at the amount of Bitcoin demand that is increasing, it seems that the current price of Bitcoin is very low, just like the price when Bitcoin first came to the market. Because everyone is currently moving towards Bitcoin.
Many countries are currently declaring Bitcoin as legal. The world's largest companies such as BlackRock are currently investing in Bitcoin. There is a very high possibility that the price of Bitcoin may increase much more in the future. So those who now think that the price of Bitcoin is too high will always regret it.

Investors should never worry about the price of Bitcoin. An investor should always continue to buy continuously. A business is always worried about the price of Bitcoin. An investor is not worried about the price of Bitcoin at all.

[Skydrill]

If some people are concerned about the price, they'll say it's too high to buy. We'll wait for the Bitcoin price to fall below $110,000. So, if the Bitcoin price is currently below $110,000, or more precisely, $104,500, do you still believe this is still high?

I want to say, if you want to buy for investment, it's not a good idea to delay because of the price. Delaying based on the high price is where the mistake lies, even though everyone has their own methods and strategies. The problem isn't trading, but long-term investing.

Those who say that the price of Bitcoin is too high may not understand what Bitcoin is. The reason for saying this is because of the Bitcoin network and the supply of Bitcoin. Looking at the amount of Bitcoin demand that is increasing, it seems that the current price of Bitcoin is very low, just like the price when Bitcoin first came to the market. Because everyone is currently moving towards Bitcoin.
Many countries are currently declaring Bitcoin as legal. The world's largest companies such as BlackRock are currently investing in Bitcoin. There is a very high possibility that the price of Bitcoin may increase much more in the future. So those who now think that the price of Bitcoin is too high will always regret it.

Investors should never worry about the price of Bitcoin. An investor should always continue to buy continuously. A business is always worried about the price of Bitcoin. An investor is not worried about the price of Bitcoin at all.

Procrastination doesn't make the situation or price to get any better, if anyone decides to wait for that convenient time when they feel its the ideal time to buy then they would later discover that the time they wasted would have been utilized in accumulating more profits all along, so rather than wait it's better to buy now and grow, engage your discretionary income as well bit by bit and also make sure you maintain consistency with a long term plan, the main point is to get started and stop procrastination because time waits for no one.

[Gallar]

If some people are concerned about the price, they'll say it's too high to buy. We'll wait for the Bitcoin price to fall below $110,000. So, if the Bitcoin price is currently below $110,000, or more precisely, $104,500, do you still believe this is still high?

I want to say, if you want to buy for investment, it's not a good idea to delay because of the price. Delaying based on the high price is where the mistake lies, even though everyone has their own methods and strategies. The problem isn't trading, but long-term investing.

Those who say that the price of Bitcoin is too high may not understand what Bitcoin is. The reason for saying this is because of the Bitcoin network and the supply of Bitcoin. Looking at the amount of Bitcoin demand that is increasing, it seems that the current price of Bitcoin is very low, just like the price when Bitcoin first came to the market. Because everyone is currently moving towards Bitcoin.
Many countries are currently declaring Bitcoin as legal. The world's largest companies such as BlackRock are currently investing in Bitcoin. There is a very high possibility that the price of Bitcoin may increase much more in the future. So those who now think that the price of Bitcoin is too high will always regret it.

Investors should never worry about the price of Bitcoin. An investor should always continue to buy continuously. A business is always worried about the price of Bitcoin. An investor is not worried about the price of Bitcoin at all.

Yes, I agree with you. At this point, why should we feel that the price of bitcoin is too high to buy and invest in? If we look at the age of bitcoin to date and predict its price for the next 15 years, I am very confident that bitcoin still has enormous potential to continue experiencing significant price increases. Because Bitcoin is now approximately 16 years old since its creation, and there are still a considerable number of unmined coins available today. Additionally, the number of Bitcoin enthusiasts is very large and continues to grow each year. Therefore, considering these points, I believe we should have no doubts that Bitcoin's price will continue to rise. Given this, I think people who feel that Bitcoin is currently overpriced may not have thoroughly researched it. They only know that Bitcoin has surpassed the $100K mark and assume that such a price is already very expensive. So yes, I believe people like that definitely need to delve deeper into Bitcoin information to avoid misunderstandings.

[SmartCharpa]

I think the major problem here is that most persons are yet to really understand that bitcoin investment is a long term investment and at such it should be treated as such, If people should see bitcoin as a long term investment goal, then I believe that most of this problem will be over. Bitcoin investment isn’t a get rich quick scheme, anyone who’s venturing in it should invest with a long term goal of consistently accumulating bitcoin and hold for the long term purpose.

There's some people who want to invest for the short term, they buy and hold for a short time, and then sell when they see some little profits above the price they buy, they also wait for another dip to happen before buying again for a profit. But it is very risky to wait for something you are not sure about, those who are expecting the market to fall, I believe that most of them will lose recently because the Bitcoin price has been moving in one place, this is why we need to think about long term investment.

And many individuals still have an old mindset, believing that those who invest for the long term will lose their money one day because they do not believe Bitcoin will keep rising in the coming years, they assume it is going to crash and prefer to enjoy the moment of short term and forget how Bitcoin has improved over the past years, and they don't believe that long term investors will benefit in the long term journey.

[Ricardo11]

If some people are concerned about the price, they'll say it's too high to buy. We'll wait for the Bitcoin price to fall below $110,000. So, if the Bitcoin price is currently below $110,000, or more precisely, $104,500, do you still believe this is still high?

I want to say, if you want to buy for investment, it's not a good idea to delay because of the price. Delaying based on the high price is where the mistake lies, even though everyone has their own methods and strategies. The problem isn't trading, but long-term investing.

People who often complain about the price are those who simply don't have the courage to buy at any price, even if Bitcoin's price has dropped like it has now. Believe it or not, you can conduct your own survey of people who often complain about the price when considering buying Bitcoin. They'll definitely say they're afraid to buy when the price has dropped, arguing that it might drop again after they buy it. Therefore, such people are simply not suited to buying Bitcoin because they're not yet mentally prepared and are still looking to get rich quick after buying Bitcoin.

And that's why they can't buy what they want at any given time, they can't invest, they just keep falling behind, and this mentality will never allow them to be good investors.
So only when an investor is able to invest completely ignoring market volatility, then they are able to achieve success here, a true investor understands that market fluctuations are normal and that is why this volatility has to be ignored and the investment has to be held with long-term patience.
Those who don't panic even when prices fall but have the mentality to buy more at such times and know how to hold over time, are the ones who ultimately benefit.

[Charcol]

I think the major problem here is that most persons are yet to really understand that bitcoin investment is a long term investment and at such it should be treated as such, If people should see bitcoin as a long term investment goal, then I believe that most of this problem will be over. Bitcoin investment isn’t a get rich quick scheme, anyone who’s venturing in it should invest with a long term goal of consistently accumulating bitcoin and hold for the long term purpose.

And many individuals still have an old mindset, believing that those who invest for the long term will lose their money one day because they do not believe Bitcoin will keep rising in the coming years, they assume it is going to crash and prefer to enjoy the moment of short term and forget how Bitcoin has improved over the past years, and they don't believe that long term investors will benefit in the long term journey.

Here I want to say one thing. Many traders know about Bitcoin and believe that the price of Bitcoin will increase in the future. And like us, they have also seen in the past that Bitcoin always rises even if it temporarily falls. Their mentality is actually like gambling. They do not want to wait patiently until that time. Their goal is to buy for a while and sell when the price increases. And many traders suffer because of such a mentality. However, the upward direction of the price sometimes works in their favor. And if luck helps, they also get temporary profits. But I think that temporary profits cover their real risk. Because I have heard many people say that relying on luck is not an investment strategy. And this seems to me to be true.

[Miles2006]

You are monthly worker you are been paid $200 monthly , and your monthly expenses is $150 leaving you with $50 . Simple the $200 is your main funds and the $150 is your monthly expenditure making the remaining $50 your discretionary amount, the best thing to do is to share it , you can invest $25 and keep $25 as emergency funds or some folk can decide to make their investment funds quite higher than their emergency funds like $30 $20 is all about priority and proper planning.

I mean we have to take investment seriously. Here I have used $200 only as an example. If a person has an investment plan, then even if his income is relatively low, he can succeed by investing consistently. Many people do not consider their investments important, but they have investments in such a way that if there is money, they will invest, that is, they do not have to make any extra effort to invest. You have made a good plan with $50 and I will agree with this plan. With the remaining money, half of the investment can be continued continuously and the other half can be kept as an emergency fund. An emergency fund will protect the investor from financial crises later, so that even if financial problems arise, the investor's investment will not be adversely affected.

Investment requires consistency basically investing continuously is profitable due to bitcoin market like the common saying “the market waits for no one” reason why every market price is seen as an opportunity to buy and hold bitcoin either at a cheaper rate mostly but, waiting for the dip is not the right thing to do as an investor.
Income doesn’t matter rather the approach used in achieving the goal matters a lot, like the example above stating $200 as the fund available and $150 used to settle important needs remaining $50, $50 used for investing and emergency funds is really a nice example, all what an investor needs is the right budget not minding how little an income is management planing will always help hold for the long run.

[Yablee0]

You said that even taking a small percentage from your Bitcoin holding is a bad sign because it can become a habit and that’s true in many cases. Once people start taking small profits, they often keep doing it and miss out on long-term growth, but there’s another side to it. Some investors use the 5% rule not for spending, but for rebalancing or building emergency funds so they don’t have to sell their main holdings in tough times. It’s not always a weak move if it’s part of a solid plan.
The main thing is to be consistent with DCA and clear reasons why they are taking the profits and not for some emotional reasons.

Taking a profit when you have not reach your investment goal is not a good idea, apart from being a habit it can also delay your investment journey maybe if your planning to invest for like 6-7 years with these method of selling when you're in profit you May likely add more years before you can be able to achieve your investment target, so to avoid delay in our investment we need to focus on achieving our investment target as this is supposed to be the first thing we are supposed to have in mind rather than chasing after one profit and the other.

You are absolutely correct my bro, persistent taking of profit when it's not yet time is like running round a cycle and it's more of been stock up in a particular place without moving forward, however bitcoin investment shouldn't be done that way because it will only set you backward in your investment journey.

Their is one thing that is very unique in bitcoin investment and rewards greatly if only you take it in practice which is consistent: once you are consistent In your accumulations it rewards you entensively, being consistent in your accumulation helps kill the urge of constant taking of profits in your investment, it leaves you with strick discipline, you will be eigga to top up instead of widrawing profits. Every investor with a long term plan needs to do away from this pattern ( taking profit prematurely) least they lost the full potentials of their investment target.

[sotelorene]

I think the major problem here is that most persons are yet to really understand that bitcoin investment is a long term investment and at such it should be treated as such, If people should see bitcoin as a long term investment goal, then I believe that most of this problem will be over. Bitcoin investment isn’t a get rich quick scheme, anyone who’s venturing in it should invest with a long term goal of consistently accumulating bitcoin and hold for the long term purpose.

There's some people who want to invest for the short term, they buy and hold for a short time, and then sell when they see some little profits above the price they buy, they also wait for another dip to happen before buying again for a profit. But it is very risky to wait for something you are not sure about, those who are expecting the market to fall, I believe that most of them will lose recently because the Bitcoin price has been moving in one place, this is why we need to think about long term investment.

And many individuals still have an old mindset, believing that those who invest for the long term will lose their money one day because they do not believe Bitcoin will keep rising in the coming years, they assume it is going to crash and prefer to enjoy the moment of short term and forget how Bitcoin has improved over the past years, and they don't believe that long term investors will benefit in the long term journey.

You made a very good point. many people still prefer short-term trading because they want quick profits, while they usually don't pay too much attention to the risks involved. It is never easy to time the market, and at the worst, waiting for a dip that may never materialize can result in missed opportunities. The movement of Bitcoin's price is unpredictable, and those who depend on a short-term strategy usually end up being stressed or make emotional decisions. Unfortunately, some people still maintain that Bitcoin is going to fail someday. They tend to remain unaware of how much changes have taken place in the technology, adoption, and trust of Bitcoin. Only those who remain patient, believing in the long-term potential, get a chance to benefit as the market continues to mature.

Those who don't want to invest in Bitcoin because of short term profit is their own loss because surely there is loss awaiting them when they start the trading and anyone who is still having the mindset or thought that Bitcoin will fail one day is still dreaming and perhaps they don't really have eyes to see what Bitcoin holds in the future because Bitcoin has gone too far to fail and I don't believe that is possible but it can stay for some price range for sometime but failing is what I don't believe and I doubt the chances of it happening because it has grown so big and it is now a global thing that even Government and institutions etc are venturing into it.

[ChocolateBitcoinK]

Those who don't want to invest in Bitcoin because of short term profit is their own loss because surely there is loss awaiting them when they start the trading and anyone who is still having the mindset or thought that Bitcoin will fail one day is still dreaming and perhaps they don't really have eyes to see what Bitcoin holds in the future because Bitcoin has gone too far to fail and I don't believe that is possible but it can stay for some price range for sometime but failing is what I don't believe and I doubt the chances of it happening because it has grown so big and it is now a global thing that even Government and institutions etc are venturing into it.

There may also be some other reasons because many people consider long-term investment to be time-consuming and they do not have the mentality to continue investing patiently. A long-term investment usually lasts for four to eight years. And when someone enters long-term investment, he has to continue investing regularly for four to eight years. But some lose patience in the middle. Again, there are many who enter regular investment but sell out because they are scared of market fluctuations. So in this case, a strong mentality and patience are very important to continue long-term investment. Also, faith is very important here. Because if someone cannot hold on to the faith of Bitcoin, then he will never be able to continue his investment in the long term due to doubts.

[Tonimez]

Those who don't want to invest in Bitcoin because of short term profit is their own loss because surely there is loss awaiting them when they start the trading and anyone who is still having the mindset or thought that Bitcoin will fail one day is still dreaming and perhaps they don't really have eyes to see what Bitcoin holds in the future because Bitcoin has gone too far to fail and I don't believe that is possible but it can stay for some price range for sometime but failing is what I don't believe and I doubt the chances of it happening because it has grown so big and it is now a global thing that even Government and institutions etc are venturing into it.

There may also be some other reasons because many people consider long-term investment to be time-consuming and they do not have the mentality to continue investing patiently. A long-term investment usually lasts for four to eight years.

First of all, Long term investment does not last (only) 4-8 years. As a matter of fact, any investment within the span of 4 years can still be referred to as a short term investment (unlike Trading). A long term investment goes beyond 10 years of HODLing. An investor is someone who knows what he wants and starts from Inception to plan on how to achieve it, in this case, Bitcoin!

Any investor who considers long-term investment as time consuming must have started the wrong way probably by investing beyond his discretionary income or buying overly aggressively beyond his financial capacity. A real investor closes the lapses that causes impatience among investors (sometimes due to emergency situations or FOMO) by not being overly aggressive.

And when someone enters long-term investment, he has to continue investing regularly for four to eight years. But some lose patience in the middle.

Again, You are not under any obligation to invest continuously over any period of time since it's not mandatory. Instead, as a wise investor who sincerely aims at a long term holding, you invest strictly from your Discretionary income. This will allow you to be able to allow your bitcoin stash for a long time. Even though investors are encouraged to set a DCA approach and follow it with discipline, you are not also expected to invest when you don't have the financial means to invest. Also, if you set your DCA allocation and along the line, your basic income decrease or your basic responsibilities increase,you are not also mandated to maintain your DCA allocation which could lead to financial constraint and also distort your cashflow. In this case, it is advised you regulate your investments based on your discretionary income which is also dependent on your basic income.

Bitcoin investment is a flexible act and can change based on either increase or decrease in your discretionary income. You can even pause from investment when you have extreme responsibility that tends to leave you with no discretionary income. In this case, you temporarily halt your investment until you either device an alternative source of income or your responsibilities reduce which will help you regain a discretionary income with which you can invest.

Again, there are many who enter regular investment but sell out because they are scared of market fluctuations. So in this case, a strong mentality and patience are very important to continue long-term investment. Also, faith is very important here. Because if someone cannot hold on to the faith of Bitcoin, then he will never be able to continue his investment in the long term due to doubts.

There are many bitcoin Traders who parade as bitcoin investors but it's not always long before they are unmasked. Bitcoin volatility is not new to bitcoin investors and anyone who claims to be a bitcoin investor but still panics over bitcoin volatility still needs more lectures about bitcoin. The first understanding and investor has is that market changes does not depend on anyone, it's flexible and unpredictable. An investor believes in the future as supported by historical records of bitcoin since its 16 years of existence. Bitcoin HODLing is an intentional act, this is why an investor must be disciplined in his finances. He makes provision for his emergency funds and back up funds and then avoids FOMO sales or buys. Aggressive buys should be properly calculated to avoid any premature sales due to tilted cashflow or financial insecurity.

[Joeboy]

[

I think the major problem here is that most persons are yet to really understand that bitcoin investment is a long term investment and at such it should be treated as such, If people should see bitcoin as a long term investment goal, then I believe that most of this problem will be over. Bitcoin investment isn’t a get rich quick scheme, anyone who’s venturing in it should invest with a long term goal of consistently accumulating bitcoin and hold for the long term purpose.

This who keep fucking around with the idea of Bitcoin being a get rich quick scheme will definitely end up in a big shit+, this because whenever the market price drop they will always panic and sell off and when there is a rebound it the market they will start regretting. That is why  those investting in Bitcoin should always be prepared too be patient to hold through the long term usually 4 years and upward before they can be profitable in it.

The mentality of bitcoin being a get-rich-quick scheme, mostly stems from what people see and hear about others who happens to have made massive profits during bullish market, without them understanding the efforts, the patience and then the long term waiting periods behind those profit...... And then we have all those so called media influencers out there, who make it sound as if Bitcoin is something that you have to buy today and get rich the following day. But that isn't how Bitcoin is. Bitcoin is a volatile assets and this makes it nearly impossible to see the true potential there is to realize from Bitcoin. Consistency in your accumulation, using your discretionary income and patience to hold through the different phases of Bitcoin, is what is required to get profitable in the long run....

[I_Anime]

[

I think the major problem here is that most persons are yet to really understand that bitcoin investment is a long term investment and at such it should be treated as such, If people should see bitcoin as a long term investment goal, then I believe that most of this problem will be over. Bitcoin investment isn’t a get rich quick scheme, anyone who’s venturing in it should invest with a long term goal of consistently accumulating bitcoin and hold for the long term purpose.

This who keep fucking around with the idea of Bitcoin being a get rich quick scheme will definitely end up in a big shit+, this because whenever the market price drop they will always panic and sell off and when there is a rebound it the market they will start regretting. That is why  those investting in Bitcoin should always be prepared too be patient to hold through the long term usually 4 years and upward before they can be profitable in it.

The mentality of bitcoin being a get-rich-quick scheme, mostly stems from what people see and hear about others who happens to have made massive profits during bullish market, without them understanding the efforts, the patience and then the long term waiting periods behind those profit...... And then we have all those so called media influencers out there, who make it sound as if Bitcoin is something that you have to buy today and get rich the following day. But that isn't how Bitcoin is. Bitcoin is a volatile assets and this makes it nearly impossible to see the true potential there is to realize from Bitcoin. Consistency in your accumulation, using your discretionary income and patience to hold through the different phases of Bitcoin, is what is required to get profitable in the long run....

There are always noise in the crypto space is left for you to silent them , especially those that refer to themselves as influencers, given folks the wrong mindset just to farm engagement. This why you have to still go for the knowledge as you are accumulating, so that you won’t be deceived by those halfsize knowledge folk cause they don’t really care about you just as the market don’t give a damn about your emotions , that’s why focus on accumulating while silencing the noise .

[Showlove01]

[

I think the major problem here is that most persons are yet to really understand that bitcoin investment is a long term investment and at such it should be treated as such, If people should see bitcoin as a long term investment goal, then I believe that most of this problem will be over. Bitcoin investment isn’t a get rich quick scheme, anyone who’s venturing in it should invest with a long term goal of consistently accumulating bitcoin and hold for the long term purpose.

This who keep fucking around with the idea of Bitcoin being a get rich quick scheme will definitely end up in a big shit+, this because whenever the market price drop they will always panic and sell off and when there is a rebound it the market they will start regretting. That is why  those investting in Bitcoin should always be prepared too be patient to hold through the long term usually 4 years and upward before they can be profitable in it.

The mentality of bitcoin being a get-rich-quick scheme, mostly stems from what people see and hear about others who happens to have made massive profits during bullish market, without them understanding the efforts, the patience and then the long term waiting periods behind those profit...... And then we have all those so called media influencers out there, who make it sound as if Bitcoin is something that you have to buy today and get rich the following day. But that isn't how Bitcoin is. Bitcoin is a volatile assets and this makes it nearly impossible to see the true potential there is to realize from Bitcoin. Consistency in your accumulation, using your discretionary income and patience to hold through the different phases of Bitcoin, is what is required to get profitable in the long run....

Most times or all the time I think we are responsible for our actions even though some people claims to be ignorant, you can not hear something on social media and then rush into it because of the salt and sugar they mixed up on the social media, a wise person will definitely ask questions even though not the person ( influencer) they will go out to make enquiry concerning what they saw on social media unlike some people who are eager and desperate to turn millionaire overnight at the end then end up being on the zero because of the choice and decision they make due to greed and...

[PhilosopherKing]

I think the major problem here is that most persons are yet to really understand that bitcoin investment is a long term investment and at such it should be treated as such, If people should see bitcoin as a long term investment goal, then I believe that most of this problem will be over. Bitcoin investment isn’t a get rich quick scheme, anyone who’s venturing in it should invest with a long term goal of consistently accumulating bitcoin and hold for the long term purpose.

There's some people who want to invest for the short term, they buy and hold for a short time, and then sell when they see some little profits above the price they buy, they also wait for another dip to happen before buying again for a profit. But it is very risky to wait for something you are not sure about, those who are expecting the market to fall, I believe that most of them will lose recently because the Bitcoin price has been moving in one place, this is why we need to think about long term investment.

And many individuals still have an old mindset, believing that those who invest for the long term will lose their money one day because they do not believe Bitcoin will keep rising in the coming years, they assume it is going to crash and prefer to enjoy the moment of short term and forget how Bitcoin has improved over the past years, and they don't believe that long term investors will benefit in the long term journey.

You made a very good point. many people still prefer short-term trading because they want quick profits, while they usually don't pay too much attention to the risks involved. It is never easy to time the market, and at the worst, waiting for a dip that may never materialize can result in missed opportunities. The movement of Bitcoin's price is unpredictable, and those who depend on a short-term strategy usually end up being stressed or make emotional decisions. Unfortunately, some people still maintain that Bitcoin is going to fail someday. They tend to remain unaware of how much changes have taken place in the technology, adoption, and trust of Bitcoin. Only those who remain patient, believing in the long-term potential, get a chance to benefit as the market continues to mature.

(Edit from)
Those who don't want to invest in Bitcoin because of short term profit is their own loss

Your statement s very much contradictory amd has a bit of a mix up.  those who chose not to invest in Bitcoin because of short term profits like you said,  are not at a loss in any way, rather they are wise and it is definitely a benefit for them. Bitcoin is not a get rich quick scheme or a system that guarantees people short term gains, and those who still keep fucking around with that idea of benefiting in Bitcoin in the short term will get frustrated at last considering how volatile bitcoin is. To profit from Bitcoin people need to adopt a long term mentality. And to hold through in this long term they need to be patient and consistent in their accumulation and HODLing without selling off at short term interval

[Gost ms]

Those who don't want to invest in Bitcoin because of short term profit is their own loss because surely there is loss awaiting them when they start the trading and anyone who is still having the mindset or thought that Bitcoin will fail one day is still dreaming and perhaps they don't really have eyes to see what Bitcoin holds in the future because Bitcoin has gone too far to fail and I don't believe that is possible but it can stay for some price range for sometime but failing is what I don't believe and I doubt the chances of it happening because it has grown so big and it is now a global thing that even Government and institutions etc are venturing into it.

I cannot agree with you on this. Because no one should ever invest in the short term, because there is a lot of risk of losing your money. If a person holds Bitcoin for a long term, then there is a possibility of profiting from it. Currently, many countries are legalizing Bitcoin and very soon it seems that Bitcoin will be declared legal in the whole world. The supply of Bitcoin is very low, the more the demand for Bitcoin increases, the more the price of Bitcoin will increase. Looking at the current demand for Bitcoin, it is possible to guess what the demand for Bitcoin may be in the future.

Currently, many countries have recognized Bitcoin as a legal currency and many big companies in the world are investing in Bitcoin. Just because the government is leaning towards Bitcoin, it does not mean that Bitcoin is bad or fraudulent.

[AirtelBuzz]

I cannot agree with you on this. Because no one should ever invest in the short term, because there is a lot of risk of losing your money. If a person holds Bitcoin for a long term, then there is a possibility of profiting from it. Currently, many countries are legalizing Bitcoin and very soon it seems that Bitcoin will be declared legal in the whole world. The supply of Bitcoin is very low, the more the demand for Bitcoin increases, the more the price of Bitcoin will increase. Looking at the current demand for Bitcoin, it is possible to guess what the demand for Bitcoin may be in the future.

Currently, many countries have recognized Bitcoin as a legal currency and many big companies in the world are investing in Bitcoin. Just because the government is leaning towards Bitcoin, it does not mean that Bitcoin is bad or fraudulent.

In my view, this is the main problem because potential investors do not understand that Bitcoin investment is for the long term, maybe it should be considered as such. Maybe if there is a disposable income system to invest in this digital gold, the short-term investment mentality can be eliminated and FOMO can be avoided, starting the investment journey with not too many units is gradually becoming easier. Moreover, since buying Bitcoin is suitable for every day, even then we can now see that the price of Bitcoin in the market has reached $ 101664, actually when the price of digital gold hit $126k this Uptober, then, perhaps just yesterday, the price of this digital gold fell sharply and is stuck in a recession.
So at the moment we are getting 981 Satoshi for one dollar, if we can analyze the price of this small amount of unit from the initial stage, maybe there will be no problem in long-term investment because it will be easier to raise money to buy fractional amounts of Bitcoin.




Satoshi to USD / BTC Converter & Calculator https://bitbo.io/tools/satoshi-usd/

[Futurexxx]

, if we can analyze the price of this small amount of unit from the initial stage, maybe there will be no problem in long-term investment because it will be easier to raise money to buy fractional amounts of Bitcoin.

Satoshi to USD / BTC Converter & Calculator https://bitbo.io/tools/satoshi-usd/

Their is no point making it looks complicating buddy, what are we analyzing this or that for?

Just seize the opportunity now and buy as much as possible, and even possibly aggressively, as long as you stay within the confinement of your discretionary income.
Analyzing the price chart are for traders not we that are only looking at the bigger picture (investing long term).
And this is why over paying attention to the price movement of Bitcoin is not good because you will over complicate things for yourself, instead of just buying regardless of it price and move on till your discretionary income is ready again.

[aylabadia05]

If some people are concerned about the price, they'll say it's too high to buy. We'll wait for the Bitcoin price to fall below $110,000. So, if the Bitcoin price is currently below $110,000, or more precisely, $104,500, do you still believe this is still high?

I want to say, if you want to buy for investment, it's not a good idea to delay because of the price. Delaying based on the high price is where the mistake lies, even though everyone has their own methods and strategies. The problem isn't trading, but long-term investing.

People who often complain about the price are those who simply don't have the courage to buy at any price, even if Bitcoin's price has dropped like it has now. Believe it or not, you can conduct your own survey of people who often complain about the price when considering buying Bitcoin. They'll definitely say they're afraid to buy when the price has dropped, arguing that it might drop again after they buy it. Therefore, such people are simply not suited to buying Bitcoin because they're not yet mentally prepared and are still looking to get rich quick after buying Bitcoin.

I mean, why not use a regular buying pattern with a fixed budget, ignoring the purchase price? This pattern is better known as DCA.
As of today, the price is $101,000, and $98,000 is the lowest price. If you normally get Bitcoin for 0.000xx with a set budget, you might get 0.00xxx at the current price.

The priority isn't complaining, but rather the awareness of buying regularly without wasting time checking the price chart every time you buy.

[Baki202]

If some people are concerned about the price, they'll say it's too high to buy. We'll wait for the Bitcoin price to fall below $110,000. So, if the Bitcoin price is currently below $110,000, or more precisely, $104,500, do you still believe this is still high?

I want to say, if you want to buy for investment, it's not a good idea to delay because of the price. Delaying based on the high price is where the mistake lies, even though everyone has their own methods and strategies. The problem isn't trading, but long-term investing.

Those who say that the price of Bitcoin is too high may not understand what Bitcoin is. The reason for saying this is because of the Bitcoin network and the supply of Bitcoin. Looking at the amount of Bitcoin demand that is increasing, it seems that the current price of Bitcoin is very low, just like the price when Bitcoin first came to the market. Because everyone is currently moving towards Bitcoin.
Many countries are currently declaring Bitcoin as legal. The world's largest companies such as BlackRock are currently investing in Bitcoin. There is a very high possibility that the price of Bitcoin may increase much more in the future. So those who now think that the price of Bitcoin is too high will always regret it.

Investors should never worry about the price of Bitcoin. An investor should always continue to buy continuously. A business is always worried about the price of Bitcoin. An investor is not worried about the price of Bitcoin at all.

Procrastination doesn't make the situation or price to get any better, if anyone decides to wait for that convenient time when they feel its the ideal time to buy then they would later discover that the time they wasted would have been utilized in accumulating more profits all along, so rather than wait it's better to buy now and grow, engage your discretionary income as well bit by bit and also make sure you maintain consistency with a long term plan, the main point is to get started and stop procrastination because time waits for no one.

And people procrastinating is because they are scared they have not yet make up there mind because when they are certain about them buying they won't even waste time. And the price does not wait just that what ever the price might be you can make entry and now is the best time to buy because of how the market have been bleeding for weeks now, so for does that have the intention to buy this is another good opportunity to make entry. When you buy you hold till you have made some x, and when you have a source of income that is what makes it easy for because even if you want to do DCA and having a emergency fund you need to have a source were you can strategically make use of your money to buy comfortably without having to sell.