Buy Buy Buy or Sell Sell Sell?

[Fara Chan]

At times we should also know that, not all diversification that  guarantee success. For me I will say Newbies or low income earners who are starting their investments should focus on one particular asset first like Bitcoin.  So the little money you are putting into Bitcoin alone gives you higher chances of growth than spreading it too thin on different assets.  So after reaching a comfortable accumulation stage maybe 4-5 years of consistent accumulation, that is where you can stretch your investments funds into other assets like Gold, silver etc. Jumping into different assets at an early stage slows progress. Building a base in one strong asset first matters before spreading too wide.

If your capital is still small because you're just starting out with limited resources, then your suggestion is certainly worth trying for beginner investors. However, if the beginner already has sufficient capital to grow their investments across several key assets, including Bitcoin and others, I think it's also a good idea for new investors to try. Because all of these things always depend on the level of ability through three basic foundations: knowledge and capital, as well as a clearer and more structured monthly income flow.

There are some things to keep in mind about diversification, and that is that there should be enough money for diversification. And if there is not enough money, then the possibility of getting profit from diversifying that money will be greatly reduced. Therefore, it would be wise to choose Bitcoin as the first investment and make all kinds of preparations for it, such as creating an emergency fund, a safe investment fund, and a reserve fund.

Focusing on a single asset like Bitcoin is certainly not wrong for those with limited funds and who are also developing a strategy to have a dedicated investment fund and an emergency fund while investing slowly over the long term. However, every investor's situation is different, as some investors have already prepared for this, so when they start investing, their preparations are already well-structured. This is especially true if, before starting, they frequently read about the things they need to prepare themselves through discussions on this forum and other forums they feel are necessary before starting.

[sotelorene]

Investing in bitcoin and holding for the long term with the intention of making gain or profit  is usually in the mind of all investors,  course every investor will always want a return  or profit from their investments. But what matters most time is their approach and mindset when starting out their Bitcoin accumulation  journey.

It's not always about profits, some people come into Bitcoin to protect their wealth and save their money from depreciation that is associated with Fiat. Don't forget Bitcoin is a hedge against inflation and Fiat depreciation, so instead of having fiat stacked up in the Bank, it's a good decision to put some of them into Bitcoin to attempt safeguarding it's value on the long-term.

Bitcoin is the perfect place to keep your wealth for the purpose of inflation degradation. Leaving your money in fiat will only result to inflation reducing its value and choosing Bitcoin for that purpose is one way to go about it because after the long term that inflation would have eaten up the value of that money with Bitcoin the money will be protected and also interest rate will increase in the future coming.

Making Bitcoin a superior asset to all other assets we own is the right choice. For example, If we divide it, we put 70% of our assets in Bitcoin, and the remaining 30% we divide among other assets like gold, land, or fiat. Yes, all of these are necessary to balance our living needs. We need fiat for daily necessities, we also need gold for jewelry or savings, And we also need land for building a real business.

If we can maintain 70% of our assets in Bitcoin as a retirement asset, that would be a fantastic achievement, Because Bitcoin limited supply opens up the opportunity for its price to soar even higher. Bitcoin is also a secure asset because it does burn and is safe from robbery If we maintain our privacy properly and don't share it on social media.

At times we should also know that, not all diversification that  guarantee success. For me I will say Newbies or low income earners who are starting their investments should focus on one particular asset first like Bitcoin.  So the little money you are putting into Bitcoin alone gives you higher chances of growth than spreading it too thin on different assets.  So after reaching a comfortable accumulation stage maybe 4-5 years of consistent accumulation, that is where you can stretch your investments funds into other assets like Gold, silver etc. Jumping into different assets at an early stage slows progress. Building a base in one strong asset first matters before spreading too wide.

As a beginner, 4 to 5 years is not enough to start diversifying into other areas especially is you are also a low income earner because despite the fact that everyone has different goals, in five years time of DCA, not many low income earners would have accumulated something huge. I think that as a beginner, you should have an initial accumulation goal of at least 10 years especially when you're a low income earner. Having a good beginning will determine how successful a person will be in his own bitcoin accumulation. After this time, if you have been consistent enough to have reached your over accumulation stage, then you can diversify into other good areas like real estate, Gold or something better but never a shit coin.

I totally disagree with you because it is not all beginners are poor, some beginners are very rich, some are very wealthy and so there is no way these folks will innvest for a year that they won't get a knowledge and understanding that will be enough for them to carry our their Investment properly or anyhow they like. However, a period of four years can be enough for beginners to have gotten a huge portfolio if they have a good discretionary income and if they are consistent in accumulating and also been a beginner doesn't restrict someone from getting a huge portfolio in this interval of time.

[Cgrexp]

I totally disagree with you because it is not all beginners are poor, some beginners are very rich, some are very wealthy and so there is no way these folks will innvest for a year that they won't get a knowledge and understanding that will be enough for them to carry our their Investment properly or anyhow they like. However, a period of four years can be enough for beginners to have gotten a huge portfolio if they have a good discretionary income and if they are consistent in accumulating and also been a beginner doesn't restrict someone from getting a huge portfolio in this interval of time.

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

[ChocolateBitcoinK]

Investing in bitcoin and holding for the long term with the intention of making gain or profit  is usually in the mind of all investors,  course every investor will always want a return  or profit from their investments. But what matters most time is their approach and mindset when starting out their Bitcoin accumulation  journey.

It's not always about profits, some people come into Bitcoin to protect their wealth and save their money from depreciation that is associated with Fiat. Don't forget Bitcoin is a hedge against inflation and Fiat depreciation, so instead of having fiat stacked up in the Bank, it's a good decision to put some of them into Bitcoin to attempt safeguarding it's value on the long-term.

Bitcoin is the perfect place to keep your wealth for the purpose of inflation degradation. Leaving your money in fiat will only result to inflation reducing its value and choosing Bitcoin for that purpose is one way to go about it because after the long term that inflation would have eaten up the value of that money with Bitcoin the money will be protected and also interest rate will increase in the future coming.

I agree with you, Bitcoin is the best way to secure your money against inflation especially in long-term. If you leave your money in fiat the value will drop it might be as a result of  inflation. But bitcoin isn’t like that, Bitcoin has limited supply of 21million, it will be impossible for inflation to affect bitcoin. As time goes on, inflation can affect our fiat money but bitcoin is a smart place for anyone who wants to secure their finance. That’s why people see bitcoin as a digital gold.

I agree with you, Bitcoin power is a great way to protect yourself from inflation. The supply of Bitcoin and its acceptance and popularity are constantly increasing, so it will undoubtedly go to a much larger level in the future. The future of Bitcoin is really very promising, so it is better to hold Bitcoin as a long-term asset, and also to deposit your savings in Bitcoin if the goal is long-term. If we continue to deposit our savings in fiat currency, then it will undoubtedly lose its real value, whereas in the case of Bitcoin it has the potential to be more valuable, but certainly in the long term.

[Furious 7]

I totally disagree with you because it is not all beginners are poor, some beginners are very rich, some are very wealthy and so there is no way these folks will innvest for a year that they won't get a knowledge and understanding that will be enough for them to carry our their Investment properly or anyhow they like. However, a period of four years can be enough for beginners to have gotten a huge portfolio if they have a good discretionary income and if they are consistent in accumulating and also been a beginner doesn't restrict someone from getting a huge portfolio in this interval of time.

Not all beginners are poor and I would agree with this but here when we are in bitcoin no matter how poor or rich actually the point lies in the funds that we are ready to spend on bitcoin.
Maybe in the view of some will cross that when people are rich then certainly they will buy more bitcoin and this assumption can be true but it can also be a mistake because when talking about investing especially in bitcoin we will not measure how much your wealth is but how ready we are to buy bitcoin and there could be a possibility when someone is a rich beginner but they are not ready so buy bitcoin in small quantities, things like this can still very much happen.

So regardless of how poor or rich I think it cannot be a benchmark including for beginners but what determines here is how capable we are of managing the cash flow we have and dividing it by several things as a form of planning from our discretionary funds that are ready to be spent on bitcoin.

[whiteblue]

Making Bitcoin a superior asset to all other assets we own is the right choice. For example, If we divide it, we put 70% of our assets in Bitcoin, and the remaining 30% we divide among other assets like gold, land, or fiat. Yes, all of these are necessary to balance our living needs. We need fiat for daily necessities, we also need gold for jewelry or savings, And we also need land for building a real business.

If we can maintain 70% of our assets in Bitcoin as a retirement asset, that would be a fantastic achievement, Because Bitcoin limited supply opens up the opportunity for its price to soar even higher. Bitcoin is also a secure asset because it does burn and is safe from robbery If we maintain our privacy properly and don't share it on social media.

At times we should also know that, not all diversification that  guarantee success. For me I will say Newbies or low income earners who are starting their investments should focus on one particular asset first like Bitcoin.  So the little money you are putting into Bitcoin alone gives you higher chances of growth than spreading it too thin on different assets.  So after reaching a comfortable accumulation stage maybe 4-5 years of consistent accumulation, that is where you can stretch your investments funds into other assets like Gold, silver etc. Jumping into different assets at an early stage slows progress. Building a base in one strong asset first matters before spreading too wide.

I agree with your statement. I forgot to mention that my previous explanation was for investors who have been buying bitcoin for a long time, so they have already made bitcoin a superior Asset as a percentage of their overall assets.
Indeed, for beginners, We should focus on one asset we want to achieve first in our investment planning, And buying Bitcoin is certainly the most appropriate choice.

I think a decade is certainly the right time to focus our planning process on buying Bitcoin, after which we can adjust our budget to allocate It to other types of assets. But I think taking such a step will create greater comfort because our retirement assets are in Bitcoin, and we also have other assets. Even if we need Money unexpectedly, we still have other assets without having to sell BTC.

[Sarah_Jannat42]

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

[alankasman]

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Risk is a part of life so I think it's natural for risk to surround everyone as every investment carries a certain burden that poses a risk to each individual.
Of course when investing one must have a budget and calculating these expenses must be maximized to ensure the smooth running of long-term investments. Therefore an ideal mindset should always be a learning model for those investing with the goal of avoiding damage to Bitcoin accumulation whether the price rises or falls in the Bitcoin market.

[The Founding Titan]

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Investing in bitcoin is risky with or without discretionary income, the risk is just way higher when you invest outside of your discretionary income but the risk is still there just like with any other investment, there is not guarantee that in the long run you are going to make any profit from investing in bitcoin, over the past 15 years bitcoin has performed admirably but that doesn't mean it's can't start performing in the opposite direction from today, as an investor you need to understand that the risk is there while also trusting that it will still perform favourably.
It's better to understand that there are risks involved rather than going in with the mentality that everything is good as long as you are investing with your discretionary income.

[WIYO1]

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Risk is a part of life so I think it's natural for risk to surround everyone as every investment carries a certain burden that poses a risk to each individual.
Of course when investing one must have a budget and calculating these expenses must be maximized to ensure the smooth running of long-term investments. Therefore an ideal mindset should always be a learning model for those investing with the goal of avoiding damage to Bitcoin accumulation whether the price rises or falls in the Bitcoin market.

there is always risk associated with financial travels/activities, particularly with regards to something as volatile as a digital currency such as Bitcoin. However, it is really critical that investors learn to manage these risks through disciplined/budgeting and planning. Effectively structured processes of investing along with continuing educational opportunities can ultimately reduce the number of emotional selections made when investing while aiding in the continuing growth of the market over time. By using an investment philosophy that allows them to have balance when investing, investors will remain stead-fast as the volatility of the marketplace fluctuates thereby increasing the ability to accomplish their overall investment objectives.

[cyberninja2]

Investing in bitcoin is risky with or without discretionary income, the risk is just way higher when you invest outside of your discretionary income but the risk is still there just like with any other investment, there is not guarantee that in the long run you are going to make any profit from investing in bitcoin, over the past 15 years bitcoin has performed admirably but that doesn't mean it's can't start performing in the opposite direction from today, as an investor you need to understand that the risk is there while also trusting that it will still perform favourably.
It's better to understand that there are risks involved rather than going in with the mentality that everything is good as long as you are investing with your discretionary income.

This is likely because with everything we do there are always risks we must face especially with investing. This is certainly commonplace for everyone involved in the activities presented in this forum. Therefore sometimes without realizing it having an emergency fund is mandatory for everyone trying to invest in Bitcoin. Having this fund is something we should be proud of especially when the price of our investment falls outside our predictions. Having an emergency fund can help us in such situations.

While we don't want this risk it will inevitably arise in every investment journey. If we look at it like this the current price increase isn't a problem. However if the opposite happens perhaps this is what makes us anticipate it. Having an emergency fund will make us feel more secure in continuing our Bitcoin investment.

[I_Anime]

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Investing in bitcoin is risky with or without discretionary income, the risk is just way higher when you invest outside of your discretionary income but the risk is still there just like with any other investment, there is not guarantee that in the long run you are going to make any profit from investing in bitcoin, over the past 15 years bitcoin has performed admirably but that doesn't mean it's can't start performing in the opposite direction from today, as an investor you need to understand that the risk is there while also trusting that it will still perform favourably.
It's better to understand that there are risks involved rather than going in with the mentality that everything is good as long as you are investing with your discretionary income.

It is all possibility that Bitcoin may continue to go up or may decide to move in the opposite direction, just like other investments. Yeah I won’t deny the fact that there’s risk in investing in Bitcoin (just like there’s risk in other investments too ). But the biggest risk is not taken any risk at all , that’s why many are still  regretting till now , historically Bitcoin has proven to be one of the best investment thus far . So either you take the bold move to be part of it or watch it grow as others did and later regret not taken actions the first place .

[Olatundespo]

It is all possibility that Bitcoin may continue to go up or may decide to move in the opposite direction, just like other investments. Yeah I won’t deny the fact that there’s risk in investing in Bitcoin (just like there’s risk in other investments too ). But the biggest risk is not taken any risk at all , that’s why many are still  regretting till now , historically Bitcoin has proven to be one of the best investment thus far . So either you take the bold move to be part of it or watch it grow as others did and later regret not taken actions the first place .

The risk of not being able to invest in Bitcoin is something that many people don't realize. If those investors were aware of this, they would be competing with each other to hold Bitcoin. In the future, not having a Bitcoin holding is a risk because the value of the cash fund you have is gradually depreciating. The size of the fund you have stored will not change due to inflation, but its value will gradually decrease as time goes by.

But the value of Bitcoin may increase because it has been proven time and again in the past and the price has recovered. You are right that it has been proven historically that Bitcoin price recovery has happened in the past and this process may continue in the future.

[Jamestown70]

I agree with you, Bitcoin power is a great way to protect yourself from inflation. The supply of Bitcoin and its acceptance and popularity are constantly increasing, so it will undoubtedly go to a much larger level in the future. The future of Bitcoin is really very promising, so it is better to hold Bitcoin as a long-term asset, and also to deposit your savings in Bitcoin if the goal is long-term. If we continue to deposit our savings in fiat currency, then it will undoubtedly lose its real value, whereas in the case of Bitcoin it has the potential to be more valuable, but certainly in the long term.

The fact that most of you speak from one side of the ledger makes newbies comes up with the  perception that bitcoin is often on asymmetric bet to the upside, and they tend to come into Bitcoin with that conviction, shortly after their first quarter of investment, they start realizing that Bitcoin doesn’t really work the way they’ve been oriented, and/or according to the post like this they’ve come across, then most of them end giving up on a very short term note.

It’s more ideal when you’re emphasizing on Bitcoin potential, you pinpoint most of those aspect that to you may seem dissuading to newbies when they’ve started their BTC  accumulation process, you tell them about the dip, the halving after every 4 cycle, you let them know Bitcoin doesn’t guarantee success, and the basic things you think they might found out in their person journey, mind you, I didn’t say you’ve to let them know every thing, at least the basic things, in the stead of making them rely on hope as a strategy. 

At most you highlighted the fact that’s Bitcoin is long term base and that’s one of the most important aspect.

[Marvelockg]

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Investing in bitcoin is risky with or without discretionary income, the risk is just way higher when you invest outside of your discretionary income but the risk is still there just like with any other investment, there is not guarantee that in the long run you are going to make any profit from investing in bitcoin, over the past 15 years bitcoin has performed admirably but that doesn't mean it's can't start performing in the opposite direction from today, as an investor you need to understand that the risk is there while also trusting that it will still perform favourably.
It's better to understand that there are risks involved rather than going in with the mentality that everything is good as long as you are investing with your discretionary income.

It is all possibility that Bitcoin may continue to go up or may decide to move in the opposite direction, just like other investments. Yeah I won’t deny the fact that there’s risk in investing in Bitcoin (just like there’s risk in other investments too ). But the biggest risk is not taken any risk at all , that’s why many are still  regretting till now , historically Bitcoin has proven to be one of the best investment thus far . So either you take the bold move to be part of it or watch it grow as others did and later regret not taken actions the first place .

Obvious, if an investor is over considering the risk that's associated with investing in anything including investing on bitcoin, it becomes clear that such an investor will never invest at all and how frustrating can it get to it you're leaving without an asset to your name and rather than investing all you're doing is saving in fiat and subjecting it to frequent depreciation.

With several modest bitcoin buying strategies that are available,  not willing to get a chunk of bitcoin for yourself is actually a betrayal on self because at the end, you're the one that is at the loosing end. In business and investment in general, there's always a possibility of a down in some cases and an investor ought to prepare for such but even with such possibility, there's no much of a concern with bitcoin as long as you're not one that easily sells at loss when there's a slight correction.

[Nheer]

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Even with discretionary income Bitcoin investment is risky. Nothing can take away the risk of it because Bitcoin is a volatile asset and with a fluctuating price there will always be risk involved and not even investing with discretionary income or having long term investment mindset will take away the risk involved. We invest with discretionary income so we don't have to put our life at risk just to invest. Also to help us stay consistent because using money meant for our daily expenses will not let us invest always but doesn't completely take away the risk of investment. We invest to build our future and not destroy the present that's why we invest with discretionary income.

Risk is a part of life so I think it's natural for risk to surround everyone as every investment carries a certain burden that poses a risk to each individual.
Of course when investing one must have a budget and calculating these expenses must be maximized to ensure the smooth running of long-term investments. Therefore an ideal mindset should always be a learning model for those investing with the goal of avoiding damage to Bitcoin accumulation whether the price rises or falls in the Bitcoin market.

That's where emergency funds and reserve funds come in. We build emergency funds and reserve funds alongside our investment to serve as protection to it so we don't touch part of our investment. Much is not needed just proper management of our finances in order to remain disciplined.

[The Founding Titan]

Investing in bitcoin is risky with or without discretionary income, the risk is just way higher when you invest outside of your discretionary income but the risk is still there just like with any other investment, there is not guarantee that in the long run you are going to make any profit from investing in bitcoin, over the past 15 years bitcoin has performed admirably but that doesn't mean it's can't start performing in the opposite direction from today, as an investor you need to understand that the risk is there while also trusting that it will still perform favourably.
It's better to understand that there are risks involved rather than going in with the mentality that everything is good as long as you are investing with your discretionary income.

This is likely because with everything we do there are always risks we must face especially with investing. This is certainly commonplace for everyone involved in the activities presented in this forum. Therefore sometimes without realizing it having an emergency fund is mandatory for everyone trying to invest in Bitcoin. Having this fund is something we should be proud of especially when the price of our investment falls outside our predictions. Having an emergency fund can help us in such situations.

While we don't want this risk it will inevitably arise in every investment journey. If we look at it like this the current price increase isn't a problem. However if the opposite happens perhaps this is what makes us anticipate it. Having an emergency fund will make us feel more secure in continuing our Bitcoin investment.

I think that anyone who is investing in bitcoin should already know that success is not a guarantee, at the end of the day they are still taking a risk by investing in a volatile asset but then again if bitcoin wasn't volatile then most won't be investing in it in the first place, it's that volatility that pushes the price of bitcoin up and down and it's been a part of what's been responsible for bitcoin's financial value growth over the years, and for bitcoin to continue to be a successful asset the volatility has to remain a part of it so if we already understand that this volatility is a part of what bitcoin is then it definitely shouldn't be factor that stops people from wanting to invest but should rather be what pushes people to invest in bitcoin.

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Investing in bitcoin is risky with or without discretionary income, the risk is just way higher when you invest outside of your discretionary income but the risk is still there just like with any other investment, there is not guarantee that in the long run you are going to make any profit from investing in bitcoin, over the past 15 years bitcoin has performed admirably but that doesn't mean it's can't start performing in the opposite direction from today, as an investor you need to understand that the risk is there while also trusting that it will still perform favourably.
It's better to understand that there are risks involved rather than going in with the mentality that everything is good as long as you are investing with your discretionary income.

It is all possibility that Bitcoin may continue to go up or may decide to move in the opposite direction, just like other investments. Yeah I won’t deny the fact that there’s risk in investing in Bitcoin (just like there’s risk in other investments too ). But the biggest risk is not taken any risk at all , that’s why many are still  regretting till now , historically Bitcoin has proven to be one of the best investment thus far . So either you take the bold move to be part of it or watch it grow as others did and later regret not taken actions the first place .

A good amount of bitcoin's history has shown that delay in buying always leads to losing alot of good buying opportunities, anyone who is planning on investing in bitcoin but is still delaying for whatever reason should reconsider and start investing in bitcoin already, if that's actually what they want to do.
Anyone who wants to invest in bitcoin but us still having doubts should just look at the history of bitcoin and the history behind it, once they do this they will see that since bitcoin's creation it has always experienced downtrends but every single time it always comes back up higher and cene hitting new ATHs in the process, that is the story of how bitcoin grew from where it was when it was first listed to where it it right now.

[laspol65]

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Bitcoin investment will be risky because there is risk in any activity, allocate money for Bitcoin investment or you can spend some of your income on your family and invest the rest without wasting money. Those who invest in Bitcoin must invest Bitcoin weekly, which is the most suitable, as they have more time to buy.
However, investing in Bitcoin requires its own risk and patience, in this case, if you can invest in Bitcoin using the right time DCA method, then it becomes very easy to achieve success.

[POPOLUV]

Investing in bitcoin and holding for the long term with the intention of making gain or profit  is usually in the mind of all investors,  course every investor will always want a return  or profit from their investments. But what matters most time is their approach and mindset when starting out their Bitcoin accumulation  journey.

It's not always about profits, some people come into Bitcoin to protect their wealth and save their money from depreciation that is associated with Fiat. Don't forget Bitcoin is a hedge against inflation and Fiat depreciation, so instead of having fiat stacked up in the Bank, it's a good decision to put some of them into Bitcoin to attempt safeguarding it's value on the long-term.

Bitcoin is the perfect place to keep your wealth for the purpose of inflation degradation. Leaving your money in fiat will only result to inflation reducing its value and choosing Bitcoin for that purpose is one way to go about it because after the long term that inflation would have eaten up the value of that money with Bitcoin the money will be protected and also interest rate will increase in the future coming.

Making Bitcoin a superior asset to all other assets we own is the right choice. For example, If we divide it, we put 70% of our assets in Bitcoin, and the remaining 30% we divide among other assets like gold, land, or fiat. Yes, all of these are necessary to balance our living needs. We need fiat for daily necessities, we also need gold for jewelry or savings, And we also need land for building a real business.

If we can maintain 70% of our assets in Bitcoin as a retirement asset, that would be a fantastic achievement, Because Bitcoin limited supply opens up the opportunity for its price to soar even higher. Bitcoin is also a secure asset because it does burn and is safe from robbery If we maintain our privacy properly and don't share it on social media.

At times we should also know that, not all diversification that  guarantee success. For me I will say Newbies or low income earners who are starting their investments should focus on one particular asset first like Bitcoin.  So the little money you are putting into Bitcoin alone gives you higher chances of growth than spreading it too thin on different assets.  So after reaching a comfortable accumulation stage maybe 4-5 years of consistent accumulation, that is where you can stretch your investments funds into other assets like Gold, silver etc. Jumping into different assets at an early stage slows progress. Building a base in one strong asset first matters before spreading too wide.

As a beginner, 4 to 5 years is not enough to start diversifying into other areas especially is you are also a low income earner because despite the fact that everyone has different goals, in five years time of DCA, not many low income earners would have accumulated something huge. I think that as a beginner, you should have an initial accumulation goal of at least 10 years especially when you're a low income earner. Having a good beginning will determine how successful a person will be in his own bitcoin accumulation. After this time, if you have been consistent enough to have reached your over accumulation stage, then you can diversify into other good areas like real estate, Gold or something better but never a shit coin.

I was advised during my days of newbie concerning on how long my investment can last since I'm making use of DCA strategy, that advise was basically for me to remove my mindset from the profits making within a short period, that the best way to go about my investment, is to zero my mind from how long my investment has lasted and focus more in accumulating aggressively as much as i can with my discretionary income always available for me, that in future time to comes, i will see the outcome of not being worried about profits and of not tagging how many years my investment will last, that once i tag the years that investment will last, i keep checking on the profits within the pass years and the remaining years, that the best is just to invest for the future and allow your investments to grow.

[bangjoe]

It is all possibility that Bitcoin may continue to go up or may decide to move in the opposite direction, just like other investments. Yeah I won’t deny the fact that there’s risk in investing in Bitcoin (just like there’s risk in other investments too ). But the biggest risk is not taken any risk at all , that’s why many are still  regretting till now , historically Bitcoin has proven to be one of the best investment thus far . So either you take the bold move to be part of it or watch it grow as others did and later regret not taken actions the first place .

The risk of not being able to invest in Bitcoin is something that many people don't realize. If those investors were aware of this, they would be competing with each other to hold Bitcoin. In the future, not having a Bitcoin holding is a risk because the value of the cash fund you have is gradually depreciating. The size of the fund you have stored will not change due to inflation, but its value will gradually decrease as time goes by.

But the value of Bitcoin may increase because it has been proven time and again in the past and the price has recovered. You are right that it has been proven historically that Bitcoin price recovery has happened in the past and this process may continue in the future.

Not taking risks is your own worst risk for inaction, but don't be too naive, you have to be aware of yourself, and understand about risk taking in investing, meet your needs first, improve your economy so that you have discretionary income that can be invested in bitcoin, put aside useless purchases first, focus on your investment when you have discretionary income, build financial fundamentals gradually so that life continues to grow well, those who are not aware of investing because they are too quick to celebrate their lives by buying things that make your money disappear without value.
 
You don't say “maybe”, you have to believe bitcoin will always print new ATH, because that is your psychological capital as a bitcoin investor, where that belief will strengthen you in HOLD bitcoin.