Buy Buy Buy or Sell Sell Sell?

[WIYO1]

When only making a large or small income as a measure in the end this will not get a significant answer because indeed in investing everything will return to the goal and it could be that those who have a larger income do not focus on being in bitcoin than those with smaller incomes because such possibilities will still exist.  What is certain here is that no matter how big or small our income is when we are serious about being in bitcoin and buying when we have funds ready to spend, the results can be a good thing in the future and I still hold this belief until now.

success in Bitcoin investment isn't only about your income. What is important is being consistent, patient, and having an exact plan. It may even be true that individuals with a lower income are sometimes more dedicated to consistent investments than individuals with a larger income. If we invest in Bitcoin at a reasonable price with money that we can afford to use for investing, there will always be a significant chance that this investment will provide us with future value.

[gracreavix]

I agree with you. Investors should know that one of the first steps to take before investing is to first take care of your basic needs. Yes at times not all needs can be met fully, so sorting out the most important ones at first is okay. Because if you want to sort all your basic needs at once, time and your money meant for investment might finish. Things like food, Utilities, rent etc should be of a priority then other stuff like emergency savings can be done whilst investing in Bitcoin..
‎
‎It is very unwise for someone to disregard their important need for Bitcoin investments. It won't make you focus on building your Bitcoin holdings properly, instead you will always react to every market moves and touch out your Bitcoin whenever a bill is needed to be sorted. This is  still one of the leading reasons on why many people panic sell. I believe Bitcoin investment works better when someone has a stable financial plan and a good emergency backup. This will provide good protection against putting your survival on your Bitcoin investments

Emphasis on the most important needs first. Because if someone keeps waiting till they solve all their need before starting Bitcoin investment, they might most likely end up never starting at all, and that’s just the truth. There’s even a saying that the more your income increases, the more your responsibilities and needs increase too.
So if we’re to be honest, money is never really enough. What really makes the difference is how well you plan your finances and balance things properly. As long as your important needs are handled and you have a reasonable plan, you can still build your Bitcoin investment gradually without putting yourself under unnecessary pressure.

[PhilosopherKing]

This means that investing in Bitcoin cannot be done with one source of income, especially since the income we have is sometimes very limited and only sufficient for what is needed for daily needs, so why do I say that we cannot invest with one source that we have? Because when we have accumulated in urgent conditions, of course we have to maximize what we have done, for example, someone has made a Bitcoin purchase but after doing so suddenly there are things that must be resolved suddenly, of course with very minimal income, making that person forced to sell what has been done just to solve the problem he is facing, so it is very difficult for someone who has less income to invest in Bitcoin, this is not that someone cannot invest but it is difficult to develop the ownership of Bitcoin that is held, so for those who invest, of course behind doing it, there must still be an emergency fund as a savior so that what we do with the long term is not disturbed in Bitcoin investments, our goal is to have assets for our future.

If multiple sources of income is the thing that is required to invest, many person would never have started. What makes person to panic sell isnt because they have one source of income, it is because the person did not use what they can afforded to loose.

To invest ongoingly you don't need multiple sources of income, what person need is discretionary income to use to invest and also common sense to figure the amount that person can afforded to use without getting affected. Person don't have to be aggressive in his ongoing investment, they can still buy little by little and increase it along the way. With financial management, even a person with one sources of incomes can still invest in bitcoin.

[whiteblue]

When only making a large or small income as a measure in the end this will not get a significant answer because indeed in investing everything will return to the goal and it could be that those who have a larger income do not focus on being in bitcoin than those with smaller incomes because such possibilities will still exist.  What is certain here is that no matter how big or small our income is when we are serious about being in bitcoin and buying when we have funds ready to spend, the results can be a good thing in the future and I still hold this belief until now.

success in Bitcoin investment isn't only about your income. What is important is being consistent, patient, and having an exact plan. It may even be true that individuals with a lower income are sometimes more dedicated to consistent investments than individuals with a larger income. If we invest in Bitcoin at a reasonable price with money that we can afford to use for investing, there will always be a significant chance that this investment will provide us with future value.

I agree with you, we must be focused and consistent in investing because the key to success is consistency. Building Bitcoin ownership requires significant consistency because We buy using DCA (Direct Asset Conversion) using our individual financial strength, So it takes patience and perseverance to be able to buy weekly.

Although some buy monthly, If they are consistent, they can build their Bitcoin ownership according to their investment plan.

There are many ways to change we life for a successful future, The important thing is not to waste the opportunity to make it happen. By confidently investing in Bitcoin, We have seen a great opportunity for a brighter future.

[Cryptohygenic]

Snip

success in Bitcoin investment isn't only about your income. What is important is being consistent, patient, and having an exact plan. It may even be true that individuals with a lower income are sometimes more dedicated to consistent investments than individuals with a larger income. If we invest in Bitcoin at a reasonable price with money that we can afford to use for investing, there will always be a significant chance that this investment will provide us with future value.

You must be missing out one of the most important characteristics that is crucial to consider when investing in bitcoin because when you keep aside your income while investing in bitcoin, you are probably devaluing the essence of bitcoin having a source of income as a bitcoin investor.
If you talk about consistency and patient to be successful in the market, I agree but seems you don't realize that you only have to invest with your discretionary incomes and it is the spare amounts you realizes that you can invest.
By this investment strategy, you should agree that those with higher incomes may remain more consistent because they have bigger chances to survive with their emergency and same time buying more of bitcoins than those with smaller incomes.

[Rustam Meraj]

Emphasis on the most important needs first. Because if someone keeps waiting till they solve all their need before starting Bitcoin investment, they might most likely end up never starting at all, and that’s just the truth. There’s even a saying that the more your income increases, the more your responsibilities and needs increase too.
So if we’re to be honest, money is never really enough. What really makes the difference is how well you plan your finances and balance things properly. As long as your important needs are handled and you have a reasonable plan, you can still build your Bitcoin investment gradually without putting yourself under unnecessary pressure.

When it comes to volatility of Bitcoin market, automation is undoubtedly most convenient method to help cope with it, particularly for those who have restricted funds. Advantage here is not only to combat inflation, it is the elimination of decision fatigue. It is important to approach it just like utility bill, otherwise you will be thinking about every price drop.
What many overlook is that Bitcoin is only asset in world which has truly limited supply. In gold and real estate, there is possibility that offer can expand. If you force yourself to make it monthly occurrence, you are essentially guaranteeing yourself piece of finite digital land. It is not about how much money can you make in short time, but how much can you lose over next ten years because of wrong verdict of central bankers.

[PERtua]

Emphasis on the most important needs first. Because if someone keeps waiting till they solve all their need before starting Bitcoin investment, they might most likely end up never starting at all, and that’s just the truth. There’s even a saying that the more your income increases, the more your responsibilities and needs increase too.
So if we’re to be honest, money is never really enough. What really makes the difference is how well you plan your finances and balance things properly. As long as your important needs are handled and you have a reasonable plan, you can still build your Bitcoin investment gradually without putting yourself under unnecessary pressure.

When it comes to volatility of Bitcoin market, automation is undoubtedly most convenient method to help cope with it, particularly for those who have restricted funds. Advantage here is not only to combat inflation, it is the elimination of decision fatigue. It is important to approach it just like utility bill, otherwise you will be thinking about every price drop.
What many overlook is that Bitcoin is only asset in world which has truly limited supply. In gold and real estate, there is possibility that offer can expand. If you force yourself to make it monthly occurrence, you are essentially guaranteeing yourself piece of finite digital land. It is not about how much money can you make in short time, but how much can you lose over next ten years because of wrong verdict of central bankers.

I agree with you that the right time to invest in Bitcoin is simply never. Money matters never go away. Regardless of how much you make  the issue is balance and how you manage your finances. I also enjoy the automation part as it takes out the emotion from the buying process and keeps people consistent when the market is volatile. Many investors are looking forward to the future value of Bitcoin because it has a fixed supply. While there are short-term price changes that can result in fear, the bigger risk over a decade may be to ignore an asset that is spreading and becoming scarce throughout the world.

[As-Soon-As]

When only making a large or small income as a measure in the end this will not get a significant answer because indeed in investing everything will return to the goal and it could be that those who have a larger income do not focus on being in bitcoin than those with smaller incomes because such possibilities will still exist.  What is certain here is that no matter how big or small our income is when we are serious about being in bitcoin and buying when we have funds ready to spend, the results can be a good thing in the future and I still hold this belief until now.

success in Bitcoin investment isn't only about your income. What is important is being consistent, patient, and having an exact plan. It may even be true that individuals with a lower income are sometimes more dedicated to consistent investments than individuals with a larger income. If we invest in Bitcoin at a reasonable price with money that we can afford to use for investing, there will always be a significant chance that this investment will provide us with future value.

Those who invest by maintaining the continuity of Bitcoin purchases will be the ones who will be successful in Bitcoin investment. Only those who have patience and the ability to take risks will be able to achieve success. Bitcoin can also be invested by using prudent income and thoughtful planning and thoughtful income, so Bitcoin investment can be successful by using various strategies. Only according to the DCA method, all types of people can participate in this Bitcoin investment. Only if you can invest patiently for a long time, it will be possible to gain huge benefits from it.

[Barikui1]

. Bitcoin can also be invested by using prudent income and thoughtful planning and thoughtful income, so Bitcoin investment can be successful by using various strategies. Only according to the DCA method, all types of people can participate in this Bitcoin investment. Only if you can invest patiently for a long time, it will be possible to gain huge benefits from it.

I agree with you that being prudent while investing in in Bitcoin is not a bad practice, but the prudent income you are talking about that we should invest with is not the right thing, because investment in Bitcoin should only be done with our discretionary income, the money that is left after all our basic needs have been met, so even though it's not a bad thing to be prudent while investing, but using any funds other than discretionary funds to accumulate Bitcoin is wrong and you may likely temper with your investment because you invested away from your discretionary income.

[ruykeri]

success in Bitcoin investment isn't only about your income. What is important is being consistent, patient, and having an exact plan. It may even be true that individuals with a lower income are sometimes more dedicated to consistent investments than individuals with a larger income. If we invest in Bitcoin at a reasonable price with money that we can afford to use for investing, there will always be a significant chance that this investment will provide us with future value.

You should think realistically. People with low incomes have more problems investing than people with high incomes. Because the stronger your income flow, the more you can maintain consistency in your investments and you can stay mentally calm even in the volatile price of Bitcoin. Even to be more patient, you have to be financially strong. If you have money, you can solve the problems of daily life as strongly as you can, if you don't have money, your even strong desire will not be of any use there. You cannot survive for a long time by investing in Bitcoin with emotions. The reality is that if the income flow is strong, you can logically remain stable for a long time. If the income is poor, even a small change in price creates a situation where you can mentally collapse. Sometimes even discretionary income and backup funds cannot keep the mentality in order.

[riscohen4]

success in Bitcoin investment isn't only about your income. What is important is being consistent, patient, and having an exact plan. It may even be true that individuals with a lower income are sometimes more dedicated to consistent investments than individuals with a larger income. If we invest in Bitcoin at a reasonable price with money that we can afford to use for investing, there will always be a significant chance that this investment will provide us with future value.

You should think realistically. People with low incomes have more problems investing than people with high incomes. Because the stronger your income flow, the more you can maintain consistency in your investments and you can stay mentally calm even in the volatile price of Bitcoin. Even to be more patient, you have to be financially strong. If you have money, you can solve the problems of daily life as strongly as you can, if you don't have money, your even strong desire will not be of any use there. You cannot survive for a long time by investing in Bitcoin with emotions. The reality is that if the income flow is strong, you can logically remain stable for a long time. If the income is poor, even a small change in price creates a situation where you can mentally collapse. Sometimes even discretionary income and backup funds cannot keep the mentality in order.

Yeah, that’s just the reality for real. Mindset alone is not enough, strong income gives you more breathing space mentally and financially. It is more way easier to stay patient with Bitcoin when your everyday life isn’t depending on the market moving up.
And consistency becomes hard when someone is already struggling financially.

[alankasman]

Yeah, that’s just the reality for real. Mindset alone is not enough, strong income gives you more breathing space mentally and financially. It is more way easier to stay patient with Bitcoin when your everyday life isn’t depending on the market moving up.
And consistency becomes hard when someone is already struggling financially.

We could say that currently people with income have more freedom than those without. This is purely what's happening now. For me this has become a common occurrence in life. This indicates that we must immediately get a job so we can be among those with income. Even though sometimes the amount we receive isn't the same as others having a job certainly gives us more freedom. As you said it's very accurate after I understood the meaning of what you said about everyone being freer with an income. For those who don't have a job everything they want to do is certainly difficult because one of the main factors in doing various things is still capital or money which will make everything run more smoothly and easily. Therefore what is necessary now is that everyone must have a job that consistently generates income.

[Proty]

This means that investing in Bitcoin cannot be done with one source of income, especially since the income we have is sometimes very limited and only sufficient for what is needed for daily needs, so why do I say that we cannot invest with one source that we have? Because when we have accumulated in urgent conditions, of course we have to maximize what we have done, for example, someone has made a Bitcoin purchase but after doing so suddenly there are things that must be resolved suddenly, of course with very minimal income, making that person forced to sell what has been done just to solve the problem he is facing, so it is very difficult for someone who has less income to invest in Bitcoin, this is not that someone cannot invest but it is difficult to develop the ownership of Bitcoin that is held, so for those who invest, of course behind doing it, there must still be an emergency fund as a savior so that what we do with the long term is not disturbed in Bitcoin investments, our goal is to have assets for our future.

If multiple sources of income is the thing that is required to invest, many person would never have started. What makes person to panic sell isnt because they have one source of income, it is because the person did not use what they can afforded to loose.

To invest ongoingly you don't need multiple sources of income, what person need is discretionary income to use to invest and also common sense to figure the amount that person can afforded to use without getting affected. Person don't have to be aggressive in his ongoing investment, they can still buy little by little and increase it along the way. With financial management, even a person with one sources of incomes can still invest in bitcoin.

We don't need to have a multiple source of income before we can start investing in bitcoin. Am wondering where cyberninja2 gets the information from. The most important thing is if there is discretionary income to start investing with. A multiple source of income isn't what is needed for anyone to start investing in bitcoin.
Even those with multiple source of income do still panick and then sell when they are not supposed to. Therefore, having a multiple source of income doesn't mean that the person can not sell before there anticipated timeline. Having patience and being able to withstand risk this is very crucial than having a multiple source of income.

[Kelward]

Yeah, that’s just the reality for real. Mindset alone is not enough, strong income gives you more breathing space mentally and financially. It is more way easier to stay patient with Bitcoin when your everyday life isn’t depending on the market moving up.
And consistency becomes hard when someone is already struggling financially.

We could say that currently people with income have more freedom than those without. This is purely what's happening now. For me this has become a common occurrence in life. This indicates that we must immediately get a job so we can be among those with income. Even though sometimes the amount we receive isn't the same as others having a job certainly gives us more freedom. As you said it's very accurate after I understood the meaning of what you said about everyone being freer with an income. For those who don't have a job everything they want to do is certainly difficult because one of the main factors in doing various things is still capital or money which will make everything run more smoothly and easily. Therefore what is necessary now is that everyone must have a job that consistently generates income.

Money is very essential in Bitcoin investment, all your experiences about the Bitcoin network and it's market cannot get you started as an investor if you don't have money to buy so it is important to have source of income that goes beyond taking care of your basic needs. There is nothing wrong with gathering knowledge about Bitcoin investment when you don't have discretionary funds, the knowledge will help you to overcome fears about market volatility when you have money to start.

To be a successful Bitcoin investor you need to have income that you can afford to have discretionary funds then understand financial management so you will know how to allocate funds according to their priorities for you. Not necessary that you must gain all the Bitcoin knowledge before you start, if you have discretionary funds you can start accumulating and also increasing your knowledge in the process. Human wants are insatiable so don't just keep money, you should have plans for it so if you have discretionary funds to buy Bitcoin no need to wait for complete knowledge and not necessary to wait for dip. Buy Bitcoin when you have discretionary funds that you have allocated for it.

[Gallar]

If multiple sources of income is the thing that is required to invest, many person would never have started. What makes person to panic sell isnt because they have one source of income, it is because the person did not use what they can afforded to loose.

To invest ongoingly you don't need multiple sources of income, what person need is discretionary income to use to invest and also common sense to figure the amount that person can afforded to use without getting affected. Person don't have to be aggressive in his ongoing investment, they can still buy little by little and increase it along the way. With financial management, even a person with one sources of incomes can still invest in bitcoin.

I believe a source of income is crucial for Bitcoin investors. Fundamentally, it improves cash flow and makes it more organized. Without a source of income,, where will we get the money that will eventually become discretionary funds? Therefore, we must remain realistic when investing in Bitcoin. Fundamentally,, investing involves using money, and that money comes from our sources of income, such as our salary or other sources. Therefore, if you say a source of income isn't important when investing in Bitcoin, I think your assumption is incorrect. Fundamentally, a source of income is the primary foundation that can potentially create discretionary funds that can ultimately be invested in Bitcoin. So, in my opinion, that's the conclusion.

[Qhunman]

Those who invest by maintaining the continuity of Bitcoin purchases will be the ones who will be successful in Bitcoin investment. Only those who have patience and the ability to take risks will be able to achieve success. Bitcoin can also be invested by using prudent income and thoughtful planning and thoughtful income, so Bitcoin investment can be successful by using various strategies. Only according to the DCA method, all types of people can participate in this Bitcoin investment. Only if you can invest patiently for a long time, it will be possible to gain huge benefits from it.

We do not need prudent income to invest in bitcoin rather it is discretionary income. We have emphasize that we only need discretionary income to begin investing in bitcoin and not prudent income. I don't know where you learnt about using prudent income to invest in bitcoin but what i have been using for  accumulating bitcoin is just discretionary income which I believe is the only income needed for accumulating bitcoin. Investing outside of your discretionary income is wrong as you're gambling with your bitcoin investment.

[yudi09]

Money is very essential in Bitcoin investment, all your experiences about the Bitcoin network and it's market cannot get you started as an investor if you don't have money to buy so it is important to have source of income that goes beyond taking care of your basic needs. There is nothing wrong with gathering knowledge about Bitcoin investment when you don't have discretionary funds, the knowledge will help you to overcome fears about market volatility when you have money to start.

The key to investing is simply having a healthy income or money not just knowledge. Without knowledge about how to invest or accumulate Bitcoin nothing can happen or progress according to our knowledge.
For example, having both of these qualities will significantly help someone invest or accumulate Bitcoin as an asset for the future. This means that simply having income or money can enable them to achieve their desired goals, ensuring their investments meet their expectations.

Money can govern all aspects of life and it's not just for investing it also requires money for spending. Therefore when someone has income or money their priorities can be set and any beneficial desire can be fulfilled with money. Therefore money can currently be categorized as the most valuable asset for all parties or individuals.

[Doan9269]

Those who invest by maintaining the continuity of Bitcoin purchases will be the ones who will be successful in Bitcoin investment. Only those who have patience and the ability to take risks will be able to achieve success. Bitcoin can also be invested by using prudent income and thoughtful planning and thoughtful income, so Bitcoin investment can be successful by using various strategies. Only according to the DCA method, all types of people can participate in this Bitcoin investment. Only if you can invest patiently for a long time, it will be possible to gain huge benefits from it.

We do not need prudent income to invest in bitcoin rather it is discretionary income. We have emphasize that we only need discretionary income to begin investing in bitcoin and not prudent income. I don't know where you learnt about using prudent income to invest in bitcoin but what i have been using for  accumulating bitcoin is just discretionary income which I believe is the only income needed for accumulating bitcoin. Investing outside of your discretionary income is wrong as you're gambling with your bitcoin investment.

As bitcoin investors, plan all the necessary strategies you want to engage before starting, consider yourself of income as well because this flow determine how the strategy you are using could be effective, take some control measures and also be active in speculating the market to know the direction at which you are going to make your entry points, have enough patience to hold because your asset may need more time to mature before you can probably begin to realize from it.

Don't work on assumption when you are investing in Bitcoin, don't make comparison as well because it could lead to taking unnecessary steps that may not profit you when you are not working towards your own pattern, don't invest when you are not fully ready or prepared to invest, because it is not easy for you to back out when you have not yet make any profit from your investment and you need to cover up on some demands arising, except you may have to fall back on crypto asset management organizations for liquidity as necessary support, while your bitcoin still remain untouched and profitable.

[Hardyrobust]

Those who invest by maintaining the continuity of Bitcoin purchases will be the ones who will be successful in Bitcoin investment. Only those who have patience and the ability to take risks will be able to achieve success. Bitcoin can also be invested by using prudent income and thoughtful planning and thoughtful income, so Bitcoin investment can be successful by using various strategies. Only according to the DCA method, all types of people can participate in this Bitcoin investment. Only if you can invest patiently for a long time, it will be possible to gain huge benefits from it.

We do not need prudent income to invest in bitcoin rather it is discretionary income. We have emphasize that we only need discretionary income to begin investing in bitcoin and not prudent income. I don't know where you learnt about using prudent income to invest in bitcoin but what i have been using for  accumulating bitcoin is just discretionary income which I believe is the only income needed for accumulating bitcoin. Investing outside of your discretionary income is wrong as you're gambling with your bitcoin investment.

As bitcoin investors, plan all the necessary strategies you want to engage before starting, consider yourself of income as well because this flow determine how the strategy you are using could be effective, take some control measures and also be active in speculating the market to know the direction at which you are going to make your entry points, have enough patience to hold because your asset may need more time to mature before you can probably begin to realize from it.

Don't work on assumption when you are investing in Bitcoin, don't make comparison as well because it could lead to taken on necessary steps that may not profit you when you are not working towards your own pattern, don't invest when you are not fully ready or prepared to invest, because it is not easy for you to back out when you have not yet make any profit from your investment and you need to cover up on some demands arising, except you may have to fall back on crypto access management organizations for liquidity as necessary support, while your bitcoin still remain untouched.

Talking about being prepared before investing in bitcoin, am really wondering the kind of preparation you need before you can start. You don't need any preparation before you can start accumulating bitcoin, all what you need is to be able to figure if you have discretionary income to invest with.
Talking about not backing out when you have not made any profits sounds like someone who is going to trade if there bitcoin holdings is in profit. So whether you are in profit or not there is no need to back out as long as you are investing with your discretionary income until you have been able to hold for long term. It is traders that will like sell when they are in profit and not investor.

[MissNonFall9]

Do we actually have to be experienced to invest in Bitcoin? Common sense, a long term investment mindset and discretionary income are enough to invest in Bitcoin. And there is not much risk in long term investment. Adopting the DCA method mitigates that risk a lot.
Those who want to argue about investing in Bitcoin may not believe in investing, they may be traders. So it is better to avoid unnecessary arguments and focus on investing, which will lead us to success.

What do you mean by common sense in this context? You don't need common sense to invest in Bitcoin rather what someone needs to be able to purchase Bitcoin is the basic knowledge which encompasses of; The ability to figure or sort out one's discretionary income, having the long term goal and some other relevant informations that will help in the accumulation process. So don't advise people that common sense is enough to invest in Bitcoin because it is not totally correct, there are a lot of people out there with common sense and are making mistake in their investment and some don't even know what funds to use.

Common sense is the natural or conventional idea of ​​people about a subject, such as where an investor is investing, why he is doing it, and how much risk he may have. If you give a little explanation on how you can avoid common sense, I hope my knowledge will increase a little.

However, there is no way to deny what you said about investing. And what you said is that many people make mistakes in investing despite having common sense, which is absolutely true if they are not investors but traders. It is also true that if the invested funds are not from their discretionary income, they will not benefit from the investment or the possibility of loss is very strong. So I think that basic knowledge is as important as common sense is also necessary for investment.