Buy Buy Buy or Sell Sell Sell?

[Joeboy]

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

I think he is a person from a different planet . No matter where he is, it is more important to create a habit of buying and holding Bitcoin regularly.

Many people think that investing in Bitcoin with $10 or $20 is not beneficial. But it is more important to start. If he can invest $10 as discretionary income every week, then that is a lot for him. Because many people think that such a small amount will not make  dca and remain as nocoiner for a long time. Rather, the biggest advantage of starting with a small amount is that they get used to frequent investment. When someone starts buying Bitcoin regularly, they learn to understand their mental reactions, learn to discipline their financial management and their behavior. Without this habit, many times even if they invest with more money, they cannot continue investing for a long time.

If a person has a strong mind set to invest for the long term, then his mentality will remain the same as if he could buy $10 a week today, but in 2-3 years he will be able to invest more money as it grows.

"Bitcoin is for everyone" this is just a theory it is actually a fact, a true reality.....So therefore little amount of w discretionary income such as $10 or $20 shouldn't be a limiting factor to investment. It is better that folks stop eating wasting time and start with that little amount and overtime you figure out ways to increase your investment amount, than to wait for a bigger amount that may never come. Size may matter in the long run, but then it is never a criteria to investment...

I don't understand what you meant by it is better to stop eating time, are you seriously asking or suggesting that someone should stop or limit the way they eat because of Bitcoin investment? If that is what you are saying I don't concur or support that even though Bitcoin investment is nice because what you suggesting is that people should use their expenses money to invest in Bitcoin because limiting or stop eating like you said is stop using your money to buy food stuffs so it is not advisable we should always use our discretionary and anything that we make us to stop eating because of Investment is not good for us.

Stop with the assumption...You are meant to know that it is a typo error, the right word is "Stop wasting Time"....starting to invest in Bitcoin, you do not need all of the  complex and technical knowledge that many folks waste their time acquiring. To start Bitcoin, you only need to know and have knowledge of a few things.  And these include having a discretionary income and then knowing that Bitcoin is volatile and profits comes not in the short term but rather in the long term..

Though stable finances may be necessary is the course of investment but then it shouldn't even be a criteria to starting Bitcoin investment, so folks really need to stop with the time wastage and start Bitcoin as soon as possible even though they are yet to achieve full stability in their finances....

[As-Soon-As]

Stop with the assumption...You are meant to know that it is a typo error, the right word is "Stop wasting Time"....starting to invest in Bitcoin, you do not need all of the  complex and technical knowledge that many folks waste their time acquiring. To start Bitcoin, you only need to know and have knowledge of a few things.  And these include having a discretionary income and then knowing that Bitcoin is volatile and profits comes not in the short term but rather in the long term..

That is why Bitcoin investment should be done for the long term and it is possible to maintain Bitcoin investment for a long time by following the DCA method. If you cannot take risks with prudent income, then I think you will fail again, it is your responsibility to use your money properly. Therefore, Bitcoin investment plays a very important role in eliminating economic shortages in the future, I think it is important to invest Bitcoin weekly by following the DCA method.

Though stable finances may be necessary is the course of investment but then it shouldn't even be a criteria to starting Bitcoin investment, so folks really need to stop with the time wastage and start Bitcoin as soon as possible even though they are yet to achieve full stability in their finances....

However, you should build an emergency fund to properly maintain your investment, it is natural for an investor to face these situations to be complete. Bitcoin investment should be taken seriously, if someone makes this investment carelessly, then he will not be able to sustain his investment for a long time. Therefore, it is most important to maintain Bitcoin investment security for a long time, brother, if you use that important strategy, it will definitely be easy to keep Bitcoin investment for a long time.

[7juju]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises.

For someone who's into buying and selling, you might be right, but for people who are not into the buy today and sell tomorrow it might not be true. Long term holders don't consider this thing, they buy bitcoin irrespective of the bitcoin price. Bitcoin investors don't have anything like the best time to buy bitcoin in their dictionary, they buy when the money is available. Generalizing any time as the best time to invest in bitcoin might not really sit well with long term investors who buy at all market conditions. If would be better if put this way that the best time for bitcoin traders to buy bitcoin is when the price goes down.

[POPOLUV]

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises. The bitcoin market has a routine and when you follow the routine and understand how the bitcoin market works, you will never be in tension even when you see the bitcoin market fluctuating.

Buying bitcoin at a cheaper price when the market dips is good but do you want to keep on waiting for the price to dip before you buy, that's a wrong buying strategy for a no coiner and someone who is still in their early stage of accumulation.

The best time to buy bitcoin is when your discretionary income is available irrespective of the market condition. This is why DCA is the most effective and efficient method to use to grow and build your bitcoin stash for 4-10 years and above because with DCA, you are buying consistently and persistently whether in the bear market or in the bull run, your bitcoin accumulation is ongoing till you reach your bitcoin target.

When you only plan to buy at the dip, you will deprive yourself a lot of opportunities in the market and limit the quantity of bitcoin that you should have accumulated overtime. Waiting is never good since you will be waiting in the ballpark clueless of what you are doing.

I agree with that buying of Bitcoin when the dips finally happen is not bad idea but act of waiting before buying is a bad strategy to follow because the process of waiting might result to losing out while waiting a huge opportunity of accumulating aggressively, and likewise now if you haven't started buying Bitcoin small small with your discretionary income, you should start buying now that Bitcoin price is still fluctuate downward and at such every time meeting up or you are introduced to Bitcoin as a newbie, know that every time is always the best to invest in Bitcoin so doesn't matter if you eventually meet when there is dips or not.

[Barikui1]

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises.

So are you indirectly saying that if an investor buys Bitcoin regardless of it price, he wouldn't be able to make profit if he can hold for years?
Bitcoin is an asset that appreciates in value overtime, so their is no best time to buy Bitcoin because the price you think that is too expensive now may look like a peanut in years to come if you can buy now and hold till then, so what's the point buying only the dip when it might compel you to miss so many buying opportunities.
Take note that am not saying that dip buying is bad, what am trying to say is that waiting for it before buying is what is bad because you may not even buy at all if the dip you are expecting do not come, so buying without looking at the current price is the best way to invest in Bitcoin because it's still very cheap compared to much it might rise up to in the future.

[Lucky_V]

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises.

So are you indirectly saying that if an investor buys Bitcoin regardless of it price, he wouldn't be able to make profit if he can hold for years?
Bitcoin is an asset that appreciates in value overtime, so their is no best time to buy Bitcoin because the price you think that is too expensive now may look like a peanut in years to come if you can buy now and hold till then, so what's the point buying only the dip when it might compel you to miss so many buying opportunities.
Take note that am not saying that dip buying is bad, what am trying to say is that waiting for it before buying is what is bad because you may not even buy at all if the dip you are expecting do not come, so buying without looking at the current price is the best way to invest in Bitcoin because it's still very cheap compared to much it might rise up to in the future.

The right time is always now when it comes to buying of bitcoin it's the must reliable when it comes to digital currencies, waiting for a dip is not a wise decision for a long-term investors, bitcoin has proven countless times to be the most reliable currency in the market,there is nothing to be scared of right now while investing.

Even When there is a slight meltdown in price it doesn't take too long like others to get back and believe me it won't take much long to get back to where it was ,when people say they're not sure if it's going to be back at $100k all I do is tell them to watch out because I know how reliable bitcoin is.

Up or down an investor should not be too worried about investing and should not be waiting for a dip before buying,no one who invested in the past 5 years will say he or she have lost money from the dip because over the past years it value has being appreciating even When there is a slight dip it keeps rising.
Waiting for dip is same as wasting time so grab your chance and invest now because now is always the best time.

[Gallar]

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

Performing a DCA on Bitcoin using $10, and accumulating it once a week, I think it would still yield a pretty good return. Because there are 44 weeks in a year, and if you multiply that by 10 years, that's 440 weeks. So, if you invest $10 per week in Bitcoin, consistently for 10 years, you'll have invested around $4,400. So, if Bitcoin continues to rise in price and reaches new highs over the course of two cycles, that amount could certainly multiply. So, I think that's quite a good deal, especially for people living in countries with a relatively low cost of living. That's why I'm personally quite optimistic and support anyone investing in Bitcoin, even with a small amount. Essentially, it will help them improve their financial well-being in the future.

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.

Haha, you're right, my friend. I miscalculated the number of weeks in a year I might not be focused right now. But the point is, as I explained, everyone doesn't need a lot of money to start investing in Bitcoin. Even $10 can grow significantly if we consistently accumulate that amount every week. As the saying goes, little by little, it becomes a mountain. That's what I believe. So, for anyone who currently feels like they only have a small amount of discretionary funds, we still have great hope for investing in Bitcoin.

Furthermore, after looking at your correct weekly calculation, my friend, in ten years we could accumulate $5,200, and I think that's quite a substantial amount. So, imagine if Bitcoin reached its new all-time high in ten years, its value would undoubtedly increase severalfold. This is what might be called the power of consistency and never looking down on small things. That's why we have to be more enthusiastic about continuing to invest in Bitcoin, especially for me personally.

[SmartCharpa]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

The same thing is happening to some people right now. They would never buy when they price is low to take advantage of the market, because they are afraid that the price will never go higher than they expected, but anytime the market starts going higher, most people regret why they didn’t buy at low price. The majority of people fail to realize that every opportunity we have is to buy more since Bitcoin has been the safest coin to buy for over a decade, because you cannot invest in other coins and have rest of mind. However, Checking our balance all the time may lead us to fear and sell, so as you said before, as investor, we should avoid checking our balance since not everyone can afford to see the price fall.

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises. The bitcoin market has a routine and when you follow the routine and understand how the bitcoin market works, you will never be in tension even when you see the bitcoin market fluctuating.

Some investors get excited when they have the opportunity to buy at a low price, in fact, everyone would be happy to seize the opportunity when it comes, but it not good idea for you to wait for it before you buying. If you always wait for the price to drop before buying, what if the dips only happens once a year? Does that mean you can only invest once a years too? It’s not good to wait for any dip.

[Bluedrem]

I agree with that buying of Bitcoin when the dips finally happen is not bad idea but act of waiting before buying is a bad strategy to follow because the process of waiting might result to losing out while waiting a huge opportunity of accumulating aggressively, and likewise now if you haven't started buying Bitcoin small small with your discretionary income, you should start buying now that Bitcoin price is still fluctuate downward and at such every time meeting up or you are introduced to Bitcoin as a newbie, know that every time is always the best to invest in Bitcoin so doesn't matter if you eventually meet when there is dips or not.

I doubt that those who wait to buy DIPs find the real DIPs. I think they wait for more DIPs no matter how low the price is, and eventually they are no longer bought at the low price of Bitcoin. That is why we see more people buying Bitcoin during a Bitcoin bull run than during a bear market. The biggest thing is that people who believe in Bitcoin never wait for the right time to buy Bitcoin. Those who have sufficient funds, in addition to one-time purchases, continue to buy Bitcoin using their discretionary income on a weekly or annual basis. Their sole goal is to increase the number of Bitcoin digits in their portfolio as much as possible. At the end of the day, the smart ones are the ones who start buying Bitcoin at any time without searching for the right time to buy Bitcoin and constantly replace their discretionary income with Bitcoin.

[SPIDERMAN008]

The right time is always now when it comes to buying of bitcoin it's the must reliable when it comes to digital currencies, waiting for a dip is not a wise decision for a long-term investors, bitcoin has proven countless times to be the most reliable currency in the market,there is nothing to be scared of right now while investing.

There is no such thing as "right time" when it comes to investing in Bitcoin. The right time to invest in Bitcoin depends on the cashflow of the investor. It is not based on timing. Many people invested in Bitcoin around 2020 but were forced to sell it after 1 or 2 years due to lack of proper planning. But those who invested after that and have continue and hold  it till now are in a much more profitable position. That is why you should invest from the time you start investing, when you have the financial condition to accumulate and hold Bitcoin for a long time. And when you invest with discretionary income, the possibility of fear and panic selling will decrease. And when you have a backup fund, you can hold it for a long time even if unexpected financial problems arise sometimes.

Even When there is a slight meltdown in price it doesn't take too long like others to get back and believe me it won't take much long to get back to where it was ,when people say they're not sure if it's going to be back at $100k all I do is tell them to watch out because I know how reliable bitcoin is.

When it comes to Bitcoin investment, trust  and possibility should never be seen in the same way. No one can accurately predict when the price of Bitcoin will be. The price can remain the same without huge fluctuations  for months or years. It is not right to think that if the price of Bitcoin decreases slightly in a short time or increases slightly later. Bitcoin has been in a bull market from more than 2 years ago. During this, it is quite normal for the price to be slightly lower or higher. Another thing is that Bitcoin will be $100k or $150k in the next few months. This kind of thinking is basically the language of the trader. How you invest, how regularly you do DCA, your income status and your ability to hold are in your control , but you do not have control over how much the price of Bitcoin will be and when it will turn around.

Up or down an investor should not be too worried about investing and should not be waiting for a dip before buying,no one who invested in the past 5 years will say he or she have lost money from the dip because over the past years it value has being appreciating even When there is a slight dip it keeps rising.
Waiting for dip is same as wasting time so grab your chance and invest now because now is always the best time.

It is very easy to give advice to someone but in reality it is very difficult. During the fluctuation of Bitcoin price, it becomes very difficult for a new investor to stay mentally calm in the beginning which I have faced myself. However, you are right that it is not right to wait for the dip but to avoid missing the opportunity to buy at the dip, DCA should be done for a long time. As a result, you will be able to buy Bitcoin at the average price. Another thing is that if discretionary income increases, then you should invest aggressively . you should not  buy depending on the price of Bitcoin.

[Umulala-alala]

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises.

So are you indirectly saying that if an investor buys Bitcoin regardless of it price, he wouldn't be able to make profit if he can hold for years?
Bitcoin is an asset that appreciates in value overtime, so their is no best time to buy Bitcoin because the price you think that is too expensive now may look like a peanut in years to come if you can buy now and hold till then, so what's the point buying only the dip when it might compel you to miss so many buying opportunities.
Take note that am not saying that dip buying is bad, what am trying to say is that waiting for it before buying is what is bad because you may not even buy at all if the dip you are expecting do not come, so buying without looking at the current price is the best way to invest in Bitcoin because it's still very cheap compared to much it might rise up to in the future.

The right time is always now when it comes to buying of bitcoin it's the must reliable when it comes to digital currencies, waiting for a dip is not a wise decision for a long-term investors, bitcoin has proven countless times to be the most reliable currency in the market,there is nothing to be scared of right now while investing.

Even When there is a slight meltdown in price it doesn't take too long like others to get back and believe me it won't take much long to get back to where it was ,when people say they're not sure if it's going to be back at $100k all I do is tell them to watch out because I know how reliable bitcoin is.

Up or down an investor should not be too worried about investing and should not be waiting for a dip before buying,no one who invested in the past 5 years will say he or she have lost money from the dip because over the past years it value has being appreciating even When there is a slight dip it keeps rising.
Waiting for dip is same as wasting time so grab your chance and invest now because now is always the best time.

The right time to invest in BTC is when you have your discretionary income ready bitcoin is about buying because you the money there are things you need to know or figure out because investing one is your discretionary which is also money you can lose and it won't upset you then you can start and also be making arrangements for your emergency funds, bitcoin is a store of value it can also depreciate and also appreciate but nothing is guaranteed.

[AuchanX]

Of a truth, the best time to buy Bitcoin is when the price has plummeted or gone down, with this , you will be able to make profit when the price rises.

So are you indirectly saying that if an investor buys Bitcoin regardless of it price, he wouldn't be able to make profit if he can hold for years?
Bitcoin is an asset that appreciates in value overtime, so their is no best time to buy Bitcoin because the price you think that is too expensive now may look like a peanut in years to come if you can buy now and hold till then, so what's the point buying only the dip when it might compel you to miss so many buying opportunities.
Take note that am not saying that dip buying is bad, what am trying to say is that waiting for it before buying is what is bad because you may not even buy at all if the dip you are expecting do not come, so buying without looking at the current price is the best way to invest in Bitcoin because it's still very cheap compared to much it might rise up to in the future.

Even When there is a slight meltdown in price it doesn't take too long like others to get back and believe me it won't take much long to get back to where it was ,when people say they're not sure if it's going to be back at $100k all I do is tell them to watch out because I know how reliable bitcoin is.

Up or down an investor should not be too worried about investing and should not be waiting for a dip before buying,no one who invested in the past 5 years will say he or she have lost money from the dip because over the past years it value has being appreciating even When there is a slight dip it keeps rising.
Waiting for dip is same as wasting time so grab your chance and invest now because now is always the best time.

But just having faith is not enough. It is necessary to have an emergency fund to deal with long term risks, understand your risk tolerance, and have a long-term mindset..Yes,Bitcoin has proven itself as a strong store of value over Time, but that doesn't mean the price will always move at the same pace.Those who have invested patiently for the long term and not made decisions based on emotion have benefited the most.The reality is that discipline and consistency are more rewarding than trying to time the market.