Buy Buy Buy or Sell Sell Sell?

[Tonimez]

There you go again sounding like apart form the DCA method any other method can not give benefit if hold for long. Which is not true and I can not agree with that because any method we are using to accumulate Bitcoin and we hold it for long term, and the price moves from the point we accumulated at, definitely we will would have a benefit so the method of accumulation doesn't deprived or won't make one not to make  profit for long term.the only advantage is that the DCA helps an investor both poor and rich to accumulate at any point and with any amount they are able to sort out as discretionary.

emphasizing on when to buy bitcoin, it has been the top of the town, so we should be buying bitcoin on our own detriment time, because if we are making emphasis on when to buy bitcoin it will cause a lot of arguments...So, I encourage anyone that wants to purchase bitcoin or accumulate bitcoin to not have a specific time to purchase bitcoin..so to accumulate bitcoin should be done when you have the capital

There's only one time to buy bitcoin which is whenever you have your Discretionary income available. There's no point thinking about when to invest in bitcoin when you don't have your Discretionary income or outside when you have the highest possibility of having an available discretionary income. Even the concept of investing by DCA is not only for the sake of "periodic" investment, DCA approach is targeted on when you have the highest possibility of having an available discretionary income. So I would tell you that the best time to invest in bitcoin is NOW (provided you have an available discretionary income).

There are many newbies who think that the price of Bitcoin has increased a lot, so maybe it requires a lot of money to invest. But many newbies have no idea that small amounts can be invested today. Even in my own case, when I first learned about Bitcoin, the price was still too high for my ability. But the concept of investing in the long-term mentality and the DCA method of investing is really very convenient for ordinary people. Only if there is discretionary income. If someone understands this, he can reduce the risk of investing in Bitcoin. As well as ability is needed here, it is also important to know the right mentality and easy ways to invest.

It's true that to invest in Bitcoin does not require a large amount of money, even with just a few dollars someone can start investing in Bitcoin.. the most important thing is that the money is generated from your discretionary income, so there is no need to think about spending all your income on it and then thinking that you can get big profits from it, it's not like that. just invest using your discretionary income and do DCA, then you should be able to build a portfolio without burdening your finances, even when the market drops you will not feel panicked because it is money that has basically been prepared for investment so it will not burden you mentally and make you make impulsive decisions when the market drops.

Panic selling or premature selling is not good for a long-term investment. This is why it is very important that anyone going into bitcoin investment must understand what he is going into and make an initial decision of holding his bitcoin for at least 4 to 10 years time and beyond. When you invest outside your discretionary income, you may end up selling prematurely due to financial stress. But your view about bitcoin is what causes panic sales. For someone that sees bitcoin as a major source of income, he trades or expects bitcoin to always be on the rise. And when bitcoin refuses to continuously face the uptrend, he panics and he sells because he thinks that he is smarter and wouldn't stand a loss.

[Solokan]

Those who are good at money management can often take many effective steps with little money, which brings them relatively good success with little time and effort.

It is true that people who are good at managing finances, even if they have a small income, will certainly have the potential to be successful or successful, but it certainly takes a long time to achieve success because with little capital it usually takes a long time and of course the technique always uses the dca technique and it certainly takes a long time to accumulate btc. so I don't agree if, for example, people who are great at managing money only need a little time to be successful when they have a small income. because currently the price of btc can be said to be very expensive so in reality it takes years to dca because of a small income, they can only accumulate btc little by little, which is certainly different from people who have a large income who of course sometimes don't need a long time to dca.

[alankasman]

...

If Bitcoin investment feels undisturbed of course for someone who does it they must have a reserve fund because basically for anyone who wants to make the investment without having a reserve fund it will be very difficult to maintain our assets when there is a very difficult time or situation that occurs when it happens unexpectedly but with a reserve fund of course our assets will be safe and will not be disturbed for the reason that before we start of course far from before we have prepared a reserve fund because we know that we anticipate more quickly what will happen when we are busy accumulating Bitcoin investments whether short-term or long-term so for me it is no longer surprising when someone who makes an investment has prepared a reserve fund because the reserve fund is very important for someone who makes a Bitcoin investment.

I think the best way to say it is; "having another source of income or a side hustle" aside Bitcoin investment for a person who wants to survive as a long term investor, this back up funds can be generated from other source of our income for someone that has another job, there will not be panic during dip, and the main reason having another source of income is good is because there is literally nothing that does not require funds to settle, so to avoid fear and frustration, getting a stable paying job will go long way sustaining an investor.

True. However the problem is that many people misunderstand what we're saying. Therefore in this case we as the speakers should deliver a discussion that's on target. When everyone understands it it's easier to assess our message.

Investment sustainability depends on stable input. This means that when someone has sufficient income it's easier to maintain their investment when situations arise that make it unsustainable. However our readiness for investing goes far beyond our prior investment. Therefore for me when I want to invest in Bitcoin I need to consider whether my income is sufficient. If I continue investing without considering my source of income this will create a major problem for me personally. Ultimately we end up investing and may not continue with our intended endeavors. This is because we invest with only a limited source of income without the support of a reserve fund to support us in difficult times that sometimes come unexpectedly.

[Morayoam91]

If you're having little discretionary income, then you may need to spend a longer time consistently accumulating in order to get a sizable stashed for yourself. This is the main reason for DCA, so you can accumulate consistently with your small discretionary income for a longer period and build out a good portfolio for yourself, you may need the continue buying for 2 or more cycles which is approximately 8 years or above and if you can follow up your investment with consistency for this said period, then you can have a chance at the good success you mentioned above.

Those going for little time and efforts are traders who are interested in short-terms profits, real investors go for long-term and that is the best way to invest into bitcoin. If you really want to stand and chance at good success in bitcoin, the you should think and act long-term.

The main goal of investing in Bitcoin is to fulfill them in the long term, and to maintain financial security in times of sudden financial crisis to move your investment forward. In this case, it is important to have an emergency fund for yourself as well as for yourself to invest. The DCA method is the most effective and it creates an opportunity to continue investing regularly even with a small amount of money. In the case of Bitcoin Investor, you should stay away from panicking because it is normal that the price of Bitcoin will go up or down sometimes, but if you use the DCA strategy, you will always be connected to the market. A large amount of money is not important for investing, only your start is important, be it a small amount of money, so it is better to start small according to your own ability and at the same time build an emergency fund.

[PhilosopherKing]

To make the solvency more easier, having a discretionary source of income is the first aspect that needed to be worked out and I don't think many that are interested to make investment should have this as a difficult challenge for them, what's the sort out how they could afford to invest using this strategy, that is why mostly define it suitable to adopt DCA and invest as their income flows in monthly.

But I will not agree with you that you don't also have to gain the insight/knowledge to prove your competency on knowing when it is best enough for you to buy, we have a lot of people that have the capacity of investing but don't understand the basic and fundamental requirement of investors, talking about the ability to make decision at the right time and observe the market to know when such time to buy comes, this talks about positioning as well as being well prepared in finding a suitable entry with our discretionary income for investment.

Knowing about bitcoin very well comes when person begin his ongoing investment not by waiting.  

You are thinking as a trader for wanting person to be observing the market  to time the period to buy. Bitcoin price is unpredictable and it is impossible for person to know the perfect entry point, and so if person now begin to be waiting, that person can just start to be missing out his chances on  doing an ongoing investment. Timing the market can cause plenty stress for a person because the person will start to be overanalyzing every movement of price, but the stress will not be there if person just ongoingly buy bitcoin at will with discretionary income.

[Barikui1]

Knowing about bitcoin very well comes when person begin his ongoing investment not by waiting.  

You are thinking as a trader for wanting person to be observing the market  to time the period to buy. Bitcoin price is unpredictable and it is impossible for person to know the perfect entry point, and so if person now begin to be waiting, that person can just start to be missing out his chances on  doing an ongoing investment. Timing the market can cause plenty stress for a person because the person will start to be overanalyzing every movement of price, but the stress will not be there if person just ongoingly buy bitcoin at will with discretionary income.

It's not a wise decision waiting for the dip before buying because by waiting you are definitely going to miss a whole lot of buying opportunities during that period of waiting, and in most occasions, the dip we may be expecting will not come, since no one knows what may happen to the value of Bitcoin next.
And what's even more unwise is for a newbie that has little or no stash at all, waiting for a dip when he should be buying and accumulating consistently, so as to build a reasonable stash of Bitcoin.

 Though buying a dip is not a bad idea, but waiting for it before buying is what I believe is wrong, because you can easily be buying and accumulating consistently, then when the dip comes, you can still buy and accumulate that moment, so it's not a wise decision to pause your accumulation because you are waiting for a dip.

[Tetu100]

Timing the market can cause plenty stress for a person because the person will start to be overanalyzing every movement of price, but the stress will not be there if person just ongoingly buy bitcoin at will with discretionary income.

What is the point adding to our stress by monitoring the market price when we can just buy at our convinent time using our discretionary funds and everything we be good. I understand that many investors nowadays  are after where they we get some huge and quick but not at the point of losing reasonable time that would have been utilize into something more profitable. And again, time is money and the more time you keep wasting on monitoring the market to experience dip before buying is the more you keeping missing out real opportunities that should have been coverted into real life fortunes.

Furthermore, a real investor don't believe in wasting time on things that doesn't matters ( monitoring the market) instead they chennel same energy on the longterm investment plan that can secure the future and shape it to be more suitable to us.

[gracreavix]

It is really a poor mentality for someone to think that they need to be rich or have a particular sum of money if they can decide to invest. Regardless of the money, the important thing you need is consistency. Some with low income that has consistency can probably do better than someone who has a big sum of money but isn't consistent in terms of their accumulations. Even if you income isn't high, you can still invest, by sorting out some of the important bills and cut off unnecessary spending, so that you can some amount left as your Discretionary income and also have back up savings. From there you can gradually build something meaningful. Better for someone to start small and steady than waiting for the perfect money and time to come.

There are many newbies who think that the price of Bitcoin has increased a lot, so maybe it requires a lot of money to invest. But many newbies have no idea that small amounts can be invested today. Even in my own case, when I first learned about Bitcoin, the price was still too high for my ability. But the concept of investing in the long-term mentality and the DCA method of investing is really very convenient for ordinary people. Only if there is discretionary income. If someone understands this, he can reduce the risk of investing in Bitcoin. As well as ability is needed here, it is also important to know the right mentality and easy ways to invest.

You can’t really blame them because most newbies don’t really understand Bitcoin yet. Many of them think they must buy one full Bitcoin before they can invest, not knowing they can buy smaller units based on their financial strength. I even thought the same way when I first heard about Bitcoin. My mindset only changed when I started learning and understanding what Bitcoin really is and how it works.
That’s why basic knowledge is important. Once someone understands things like DCA and long term investing, Bitcoin will start to look more realistic.

[I_Anime]

To make the solvency more easier, having a discretionary source of income is the first aspect that needed to be worked out and I don't think many that are interested to make investment should have this as a difficult challenge for them, what's the sort out how they could afford to invest using this strategy, that is why mostly define it suitable to adopt DCA and invest as their income flows in monthly.

But I will not agree with you that you don't also have to gain the insight/knowledge to prove your competency on knowing when it is best enough for you to buy, we have a lot of people that have the capacity of investing but don't understand the basic and fundamental requirement of investors, talking about the ability to make decision at the right time and observe the market to know when such time to buy comes, this talks about positioning as well as being well prepared in finding a suitable entry with our discretionary income for investment.

Knowing about bitcoin very well comes when person begin his ongoing investment not by waiting.  

You are thinking as a trader for wanting person to be observing the market  to time the period to buy. Bitcoin price is unpredictable and it is impossible for person to know the perfect entry point, and so if person now begin to be waiting, that person can just start to be missing out his chances on  doing an ongoing investment. Timing the market can cause plenty stress for a person because the person will start to be overanalyzing every movement of price, but the stress will not be there if person just ongoingly buy bitcoin at will with discretionary income.

Observing the market always can be tempting sometime. That doesn't mean is the right thing to do , you are only testing your emotions especially those that are still new to bitcoin investment . That's not the kind of position you want to  put yourself as a bitcoin investor ,by the way you're not trading so why bothered yourself with market prices always , instead try figuring how to improve your accumulation same time improving your bitcoin using any buying method like DCA because that's one of the main reason why many choose to use DCA strategy because they can't time the market instead they will set a fixed time with a fixed for their purchases which will actually do more good than timing the market .

[Agbam]

When the time of buying comes, some may not to know what to do or even observe for that, not because they are not willing to invest in Bitcoin, but there are many things not being in place for them to have the readiness to invest at that particular moment that it is suitable for them to enter the market, challenges like lack of fund to buy at the moment the market fall, also being inexperience to discern on the market state at a particular time that is suitable for them to come in.

Once we have the desire to invest in Bitcoin, then we have to also take more time in learning about the necessary strategy and other relevant information to begin with, bitcoin is being made easy and affordable for everyone to invest as long as we have the intention to do so, we also have the privilege of taking charge and controlling our investments by ourselves, and we are most likely to determine when to sell or by for our profitable decision.

You seem to be having a feeling that there’s a time for buying and that moment you think is the right time isn’t, buying only when the market falls means you’ll be waiting for that time while missing out on opportunities to get started.

Knowing all the strategies isn’t even a criteria for you to get started, you don’t need to stress over much once you figure out your discretionary money. The basic knowledge is knowing where to buy, how to buy, what wallet to use and how to secure your wallet seed phrases. Knowing all these you’re good to go, as you keep investing and researching you’ll know more in less than no time.

[Morayoam91]

Knowing about bitcoin very well comes when person begin his ongoing investment not by waiting.  

You are thinking as a trader for wanting person to be observing the market  to time the period to buy. Bitcoin price is unpredictable and it is impossible for person to know the perfect entry point, and so if person now begin to be waiting, that person can just start to be missing out his chances on  doing an ongoing investment. Timing the market can cause plenty stress for a person because the person will start to be overanalyzing every movement of price, but the stress will not be there if person just ongoingly buy bitcoin at will with discretionary income.

The price of Bitcoin fluctuates almost all the time, so if you wait for the right time or wait for the perfect time, you will lose. On the other hand, there is also a possibility of missing out on your current opportunity, because the price of Bitcoin may not be the same today in the future. The price of Bitcoin can go up or down in both directions. After meeting the needs of your family, you can stop your various wasteful expenses and invest the remaining money using the DCA strategy. DCA works for almost all categories of people. In this, you can continue to invest regularly even if the price of Bitcoin is high and maintain your investment in the same way even if the price is low. Over time, your purchase price builds up to a balanced state.

[Gallar]

You can’t really blame them because most newbies don’t really understand Bitcoin yet. Many of them think they must buy one full Bitcoin before they can invest, not knowing they can buy smaller units based on their financial strength. I even thought the same way when I first heard about Bitcoin. My mindset only changed when I started learning and understanding what Bitcoin really is and how it works.
That’s why basic knowledge is important. Once someone understands things like DCA and long term investing, Bitcoin will start to look more realistic.

You're absolutely right, my friend. Beginners who are completely unfamiliar with Bitcoin will assume it can't be purchased for a small amount. Someone around me who recently learned about Bitcoin asked me about it and said they really wanted to buy it, but then they said they were confused because it was so expensive. But I clarified that and explained that Bitcoin is an investment asset that can be paid in installments, and even with a relatively small amount of money, you can buy Bitcoin.

So, after that, my friend started to feel around and asked me where to buy Bitcoin, and I told him that you can buy Bitcoin on exchanges like Binance. So, with this in mind, I agree that beginners who are completely naive and don't know anything about Bitcoin will certainly find it incredibly expensive when they want to buy Bitcoin. So, this is where it's important to research before saying you can or can't.

[Proty]

To make the solvency more easier, having a discretionary source of income is the first aspect that needed to be worked out and I don't think many that are interested to make investment should have this as a difficult challenge for them, what's the sort out how they could afford to invest using this strategy, that is why mostly define it suitable to adopt DCA and invest as their income flows in monthly.

But I will not agree with you that you don't also have to gain the insight/knowledge to prove your competency on knowing when it is best enough for you to buy, we have a lot of people that have the capacity of investing but don't understand the basic and fundamental requirement of investors, talking about the ability to make decision at the right time and observe the market to know when such time to buy comes, this talks about positioning as well as being well prepared in finding a suitable entry with our discretionary income for investment.

Knowing about bitcoin very well comes when person begin his ongoing investment not by waiting.  

You are thinking as a trader for wanting person to be observing the market  to time the period to buy. Bitcoin price is unpredictable and it is impossible for person to know the perfect entry point, and so if person now begin to be waiting, that person can just start to be missing out his chances on  doing an ongoing investment. Timing the market can cause plenty stress for a person because the person will start to be overanalyzing every movement of price, but the stress will not be there if person just ongoingly buy bitcoin at will with discretionary income.

The attitude of always timing the market to determine when it is favourable to buy bitcoin is that of a trader and not investor and as we all know it is not possible for anyone to predict perfectly the price of bitcoin or the market trends. The reason why it is mostly traders that has this attitude of timing the market is because they are always looking for a low entry point and also they are always trying to speculate the price of bitcoin which to me seems more like gambling with bitcoin because immediately the market moves against them they will end up losing all there income.
I always say that the best way to learn about bitcoin is to get involved in it and not to be waiting with the idea of wanting to gain some knowledge before starting.