Buy Buy Buy or Sell Sell Sell?

[sotelorene]

Correct, but profit is the major goal of every investor, whether short term or long term. But difference should mainly in stretegy, patience and their risk management.

I understand what you are trying to say here, but to be honest with you, you are terribly wrong because it's not everyone that thinks in such a way. Most investors that invested in Bitcoin did it to preserve their money against inflation, that is why you will get to hear that Bitcoin investment is a store of value.
Additionally, another reason most investor invested in Bitcoin is because of it decentralized nature, and since Bitcoin gives you that power to be private and be in custody of your own money, so it's a very good reason to invest in it because self custody is a right.

Why focusing on profit is wrong is that the possibility of selling off your Bitcoin for minimal gains will be there, because all your focus is on profit this and profit that, and once your Bitcoin investment increases in value a bit, you will want to sell for minimal gains, so focusing on profit while investing in Bitcoin is wrong, and it's also wrong to think that everyone is investing in Bitcoin because of it.

It is not everyone that invested in bitcoin is doing so because of profits. There are people that into bitcoin because they want to preserve there wealth and also it may be because of the decentralised nature of bitcoin which has given them total control and freedom over there assets. These things can also motivate people to invest in bitcoin and not only profits . For those that are after profits the best way is long term investment and not trading because trading is very risky and the chances of losing all one's income is very high.

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks. Though the first reason most people are investing in Bitcoin is because of the profit, it may not be guarantee but they believe in Bitcoin due to its record In the past and hopefully Bitcoin is still going to increase the more.

[Obulis]

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.

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.

Well I don't really think the little time and effort pointed by Sarah is pointed towards the time required for success in terms of long or short term. Because Sarah said about how people who can do money management can manage their little money leftovers after expenses (discretionary funds) and investing in Bitcoin with discretionary funds that easily goes with DCA strategy which is definitely a long-term journey and not trader oriented.

So in that case, the little time and effort pointed by Sarah is pointed towards the time and effort to put into the investment on a regular basis not about the time and effort required for success at the end of the long run, for sure using DCA strategy and discretionary funds requires little time and effort on regular basis that amounts to long time and serious efforts over the long run.

[Bitcoin-Forever]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks.

What is Fiat when bitcoin is at work to give us the best options we have when it comes to financial economy and opportunity we can derive our fund, bitcoin has a lot of opportunities and this is where we cannot afford not to invest at any time we find it best for us to make an entry to buy and hold, then also decide to sell when it is profitable, this alone cannot be offered by Fiat currency because the entire system does not work in our favor any longer and we couldn't continue like this until we make decision to embrace Bitcoin investment to buy and sell.

[Joeboy]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks. Though the first reason most people are investing in Bitcoin is because of the profit, it may not be guarantee but they believe in Bitcoin due to its record In the past and hopefully Bitcoin is still going to increase the more.

Surely, long term investment in Bitcoin tends to place folks in better positions, but even with that, Bitcoin doesn't guarantee profits, even when the investment in done the right way with the right funds(discretionary income).. The market is extremely volatile and and such very unpredictable, that why folks have to avoid approaching Bitcoin with that mindset of certainty or entitlement to profits.. Folks should just set aside those money that one can comfortably afford to lose and then invest using it..

[ASloveapg]

Consistent minor purchases are frequently possible for persons who have previously separated their income after covering all living expenditures, leaving just discretionary funds. Consistent DCA typically necessitates additional support, one alternative being discretionary income. Without it, it will be more difficult for anyone to routinely acquire Bitcoin, even if they want to do it once a week. As a result, everyone should seek to increase their income so that they have enough discretionary income to acquire Bitcoin on a constant basis without regard for price, market conditions, or personal circumstances.

If no one has extra money then there is no need to buy Bitcoin, no one is forcing you and there is no need for everyone to buy Bitcoin or have BTC or accumulate. Because it depends on one's own financial capacity, patience, discipline and will. Another thing is that buying Bitcoin does not require much knowledge, but it is necessary to gain knowledge over time to understand it.

will develop into an experienced investor on the one hand, you can only start investing if you have a financial basis because the beginning is also important

It is certainly important to start.But the saying 'investment can only be started if you have a financial base' sounds like you cannot start investing unless you have a high income,a permanent job or a lot of savings. But the reality is different,where it is not a high income, large savings or a permanent job to invest, but if someone has discretionary income apart from necessary expenses, then they can feel free to start small. Someone's income may be high, but if their expenses are also high, then they may not have investable money. Again,even if someone's income is small, if they can control their expenses and set aside a small discretionary income after necessary expenses, then it is possible to start saving Bitcoin even with that small amount. It is good to have a strong income base,but it is not right to make it a mandatory condition for starting Bitcoin.

It is not mandatory for an individual to invest a huge amount of money, it mainly depends on the individual's income, and their purpose. If possible, you can make your investment spontaneously as long as you have a discretionary income. Bitcoin accumulation is not about being overly competitive with others. The most important thing is to control their expenses, and most importantly, your expectations shouldn't be beyond what you invest, just to avoid some complications. Every investor has to choose one category that will be suitable for them while investing, just for safety and security measures.

Accumulate a comfortable amount of Bitcoin through discretionary income. You can invest in Bitcoin spontaneously if you have discretionary income but consider whether this plan is right for you. For example if you buy Bitcoin with the entire amount of discretionary income you have, you may face a financial crisis due to additional expenses. To continue investing for the long term you need to have cash flow available. Having an emergency fund is important because your target is to accumulate Bitcoin regularly and make it long term. An emergency fund and cash flow are important for long term Bitcoin investments.

Emergency fund, discretionary income and cash flow management are really important in sustaining long-term investments. We should not invest from money that can lead to a shortage in our short-term needs if we use it. Because if we invest from within the money we need, we may be forced to sell the investment in bad situations later. Which destroys long-term plans. Emergency fund does not work as an alternative to investment, it works as a protection for our investment and financial stability. Proper cash flow management is essential in continuous investment. Therefore, to achieve success in investment, it is not enough to just buy, but it is also important to acquire the ability to sustain it in the long term.

[Padi24]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks.

What is Fiat when bitcoin is at work to give us the best options we have when it comes to financial economy and opportunity we can derive our fund, bitcoin has a lot of opportunities and this is where we cannot afford not to invest at any time we find it best for us to make an entry to buy and hold, then also decide to sell when it is profitable, this alone cannot be offered by Fiat currency because the entire system does not work in our favor any longer and we couldn't continue like this until we make decision to embrace Bitcoin investment to buy and sell.

Fiat is still Fiat no matter what, but I can't Deny the fact that bitcoin is the best option we have because in it we have freedom at the same time it's also a hedge against inflation, I don't know what would have become of us if bitcoin wasn't created. The reason why I'm so much interested in bitcoin is because it has limited supply not like that of Fiat that they keep printing every now and then and that is the more reason why it keep depreciating from time to time because the printed papers is way too much and due to the fact that it's not limited they still keep on printing more, while bitcoin has limited supply and once it gets to that limit they it seize that is what makes it different from Fiat.

[Decimetre]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks.

What is Fiat when bitcoin is at work to give us the best options we have when it comes to financial economy and opportunity we can derive our fund, bitcoin has a lot of opportunities and this is where we cannot afford not to invest at any time we find it best for us to make an entry to buy and hold, then also decide to sell when it is profitable, this alone cannot be offered by Fiat currency because the entire system does not work in our favor any longer and we couldn't continue like this until we make decision to embrace Bitcoin investment to buy and sell.

Fiat is still Fiat no matter what, but I can't Deny the fact that bitcoin is the best option we have because in it we have freedom at the same time it's also a hedge against inflation, I don't know what would have become of us if bitcoin wasn't created. The reason why I'm so much interested in bitcoin is because it has limited supply not like that of Fiat that they keep printing every now and then and that is the more reason why it keep depreciating from time to time because the printed papers is way too much and due to the fact that it's not limited they still keep on printing more, while bitcoin has limited supply and once it gets to that limit they it seize that is what makes it different from Fiat.

There are various ways that fiats keep rottening e every now and then. The various federal governments are master printers of notes and they don't bother about the future even as the dollar looks very stable but it's still fiat. No fiat money can remain reasonable after 10 years in value because inflation must catch up with them always. This is not the same as bitcoin due to its 21 million limited supply and after this amount is mined and held, Monopoly could set in and the price of bitcoin will directly depend on what the Hodlers decide to sell theirs. With the rate of acceptance and adoption that bitcoin is gaining, it is expected that it will all be mined  around 2140 after which nothing is left https://www.google.com/search?q=how+long+is+the+bitcoin+expected+to+mine+the+entire+21+million&oq=how+long+is+the+bitcoin+expected+to+mine+the+entire+21+mi&gs_lcrp=EgZjaHJvbWUqBwgCECEYoAEyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRigATIHCAUQIRiPAtIBCTM4MzgwajBqOagCALACAQ&client=ms-android-xiaomi-terr1-rso2&sourceid=chrome-mobile&ie=UTF-8

This means more stability than keep printing notes endlessly. Bitcoin has closed the gap and made it possible for every common man to own bitcoin because it is still cheap and you can also buy any quantity that you can afford at any time.

[BTC princess]

Consistent minor purchases are frequently possible for persons who have previously separated their income after covering all living expenditures, leaving just discretionary funds. Consistent DCA typically necessitates additional support, one alternative being discretionary income. Without it, it will be more difficult for anyone to routinely acquire Bitcoin, even if they want to do it once a week. As a result, everyone should seek to increase their income so that they have enough discretionary income to acquire Bitcoin on a constant basis without regard for price, market conditions, or personal circumstances.

If no one has extra money then there is no need to buy Bitcoin, no one is forcing you and there is no need for everyone to buy Bitcoin or have BTC or accumulate. Because it depends on one's own financial capacity, patience, discipline and will. Another thing is that buying Bitcoin does not require much knowledge, but it is necessary to gain knowledge over time to understand it.

will develop into an experienced investor on the one hand, you can only start investing if you have a financial basis because the beginning is also important

It is certainly important to start.But the saying 'investment can only be started if you have a financial base' sounds like you cannot start investing unless you have a high income,a permanent job or a lot of savings. But the reality is different,where it is not a high income, large savings or a permanent job to invest, but if someone has discretionary income apart from necessary expenses, then they can feel free to start small. Someone's income may be high, but if their expenses are also high, then they may not have investable money. Again,even if someone's income is small, if they can control their expenses and set aside a small discretionary income after necessary expenses, then it is possible to start saving Bitcoin even with that small amount. It is good to have a strong income base,but it is not right to make it a mandatory condition for starting Bitcoin.

It is not mandatory for an individual to invest a huge amount of money, it mainly depends on the individual's income, and their purpose. If possible, you can make your investment spontaneously as long as you have a discretionary income. Bitcoin accumulation is not about being overly competitive with others. The most important thing is to control their expenses, and most importantly, your expectations shouldn't be beyond what you invest, just to avoid some complications. Every investor has to choose one category that will be suitable for them while investing, just for safety and security measures.

Accumulate a comfortable amount of Bitcoin through discretionary income. You can invest in Bitcoin spontaneously if you have discretionary income but consider whether this plan is right for you. For example if you buy Bitcoin with the entire amount of discretionary income you have, you may face a financial crisis due to additional expenses. To continue investing for the long term you need to have cash flow available. Having an emergency fund is important because your target is to accumulate Bitcoin regularly and make it long term. An emergency fund and cash flow are important for long term Bitcoin investments.

Emergency fund, discretionary income and cash flow management are really important in sustaining long-term investments. We should not invest from money that can lead to a shortage in our short-term needs if we use it. Because if we invest from within the money we need, we may be forced to sell the investment in bad situations later. Which destroys long-term plans. Emergency fund does not work as an alternative to investment, it works as a protection for our investment and financial stability. Proper cash flow management is essential in continuous investment. Therefore, to achieve success in investment, it is not enough to just buy, but it is also important to acquire the ability to sustain it in the long term.

One of the biggest mistakes Bitcoin investors can make is investing money that he or she need in a short term.
Long term Bitcoin accumulation works best when it's funded from discretionary income,not from money meant from other vital and essential expenses.
Emergency funds is not competing with your Bitcoin investment, it even protects it more, when unexpected expenses arise in that situation a good investor with emergency funds can handle those situations without touching their Bitcoin holdings.
Those without a good  financial habits often ends selling their Bitcoin at unfavorable times, disrupting their long term strategy
A good cash flow management, build a solid emergency funds ,and consistent Bitcoin accumulation all work together.
The major goal is not just to buy Bitcoin but to financially positioned to hold it through market volatility and over the long time.

[Olatundespo]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks.

What is Fiat when bitcoin is at work to give us the best options we have when it comes to financial economy and opportunity we can derive our fund, bitcoin has a lot of opportunities and this is where we cannot afford not to invest at any time we find it best for us to make an entry to buy and hold, then also decide to sell when it is profitable, this alone cannot be offered by Fiat currency because the entire system does not work in our favor any longer and we couldn't continue like this until we make decision to embrace Bitcoin investment to buy and sell.

Fiat is still Fiat no matter what, but I can't Deny the fact that bitcoin is the best option we have because in it we have freedom at the same time it's also a hedge against inflation, I don't know what would have become of us if bitcoin wasn't created. The reason why I'm so much interested in bitcoin is because it has limited supply not like that of Fiat that they keep printing every now and then and that is the more reason why it keep depreciating from time to time because the printed papers is way too much and due to the fact that it's not limited they still keep on printing more, while bitcoin has limited supply and once it gets to that limit they it seize that is what makes it different from Fiat.

The limited supply of Bitcoin has the potential to skyrocket the value of this asset in the future. In the traditional financial system, the government of each country implements any policy they wish. If a country has limited foreign exchange reserves and low domestic resources, the government of that country prints an excess amount of fiat, resulting in inflation. The pressure of excess inflation makes a country poorer and the citizens of that country cannot balance their income with their expenses.

If the supply of a product is limited, the price of that product will increase. In reality, if the demand for a product increases compared to the supply, the price of that product will gradually increase. The same thing is happening in the case of Bitcoin because its supply is limited to only 21 million, there is a shortage of supply with demand, as a result of which its price is increasing over time and has the potential to increase significantly in the future.

[ruykeri]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks. Though the first reason most people are investing in Bitcoin is because of the profit, it may not be guarantee but they believe in Bitcoin due to its record In the past and hopefully Bitcoin is still going to increase the more.

Surely, long term investment in Bitcoin tends to place folks in better positions, but even with that, Bitcoin doesn't guarantee profits, even when the investment in done the right way with the right funds(discretionary income).. The market is extremely volatile and and such very unpredictable, that why folks have to avoid approaching Bitcoin with that mindset of certainty or entitlement to profits.. Folks should just set aside those money that one can comfortably afford to lose and then invest using it..

I agree with you, in fact, no investment should be invested with the thought that there will be 100% profit, and in the case of Bitcoin, since it has a very high price volatility, more caution should be exercised when investing here. As the risk of investing in Bitcoin is higher than other types of investments, the possibility of making a profit is also much higher. If you lose by investing in Bitcoin, the maximum loss can be completely 100% lost. But  the profit may be several times higher. the amount of profit is considered depending on how long the investment activity is being conducted and the Bitcoin is being hold . For example, from the past Bitcoin price history, we can understand that those who have hold Bitcoin for a long time have been successful. Therefore, investing in Bitcoin with discretionary  income and doing dca is considered the easiest and most suitable method for everyone.

[Different patterns]

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

I can see your major concern or purpose of getting involved in Bitcoin investment is on how to widraw profits fast without hesitation. Nobody is depriving you of that, is your investment and it's your money so you have every right to do as please, but my advice to you is that don't be too eger to sell at every given opportunity. Moreover, what should be your first priority is on how to get the future secure. Running after temporary gains will not give you any lasting solution to your financial problem rather it will only stripped you the opportunity of building a better future ahead. However, Bitcoin investment is mostly for future purposes and not for temporary benefits that holds no real value.

You obviously misunderstood his statement which I seriously understand. Let me help throw more light on that, without pretending,we are investing in Bitcoin because we have hope that such decision will reward us or our children in the future. Without such hopes, no one will diligently be accumulating Bitcoin and holding for several years. That means we all want to profit from our investmemt and to ensure that we stand a better chance at making profits, long term investmemt is recommended because bitcoin have shown great result for those who held. We shouldn't pretend about this so we don't discourage new investors that we are running charity here because we are not, we are building a future for ourselves and our children via Bitcoin.

Exactly, he’s misunderstood the statement, because what I understand too the reality is that many of us here in bitcoin investment, invest because we strongly believe that it can improve our feature financial position and also potentially benefit our children as well,and for people to admitting that, there’s nothing wrong with it, because we can be accumulating bitcoin for many years without expecting any reward.

We accept the fact that ,we hoping to profit from the investment do not just mean we are greedy or something else, that’s just simply means that we know the potential value of bitcoin and  position ourselves accordingly, especially when talking to newbie’s about bitcoin, otherwise it can sound as if we’re investing for no financial benefit at all, which is clearly we know that is not the case. Eventually most of us just trying to build strong financial feature for ourselves and family, and bitcoin is a better way to achieve the goal.

[Futurexxx]

I agree with you, in fact, no investment should be invested with the thought that there will be 100% profit, and in the case of Bitcoin, since it has a very high price volatility, more caution should be exercised when investing here. As the risk of investing in Bitcoin is higher than other types of investments, the possibility of making a profit is also much higher.

Talking about the highlighted words in your statement, I think you are wrong about that, Bitcoin is risky quite alright, but the risk attached to it can easily be mitigated when you you invest in it, and hold it for a very long time, and you also invest with your discretionary income, which is what you can afford to lose. That way the probability of your investment being a success is very high because it is historically proven that holding Bitcoin for a very long time makes you stand a chance of being successful with your investment in Bitcoin, not by buying and hoping to sell for quick profit in a very short period of time.

[Morayoam91]

 
Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks. Though the first reason most people are investing in Bitcoin is because of the profit, it may not be guarantee but they believe in Bitcoin due to its record In the past and hopefully Bitcoin is still going to increase the more.

Experienced investors see Bitcoin as a powerful form of savings for the future and as an investment vehicle, but it has also shown us time and time again how the value of Bitcoin has increased over time. None of us can say with certainty how the value of Bitcoin will increase in the future. It is important to be aware of the present when investing. It is the right decision to move away from unnecessary expenses in daily life by completing necessary expenses and family responsibilities and gradually move forward with the remaining money.

[Princess Leah]

I agree with you, in fact, no investment should be invested with the thought that there will be 100% profit, and in the case of Bitcoin, since it has a very high price volatility, more caution should be exercised when investing here. As the risk of investing in Bitcoin is higher than other types of investments, the possibility of making a profit is also much higher.

Talking about the highlighted words in your statement, I think you are wrong about that, Bitcoin is risky quite alright, but the risk attached to it can easily be mitigated when you you invest in it, and hold it for a very long time, and you also invest with your discretionary income, which is what you can afford to lose. That way the probability of your investment being a success is very high because it is historically proven that holding Bitcoin for a very long time makes you stand a chance of being successful with your investment in Bitcoin, not by buying and hoping to sell for quick profit in a very short period of time.

Volatility rewards the patient and anyone who's not ready to be patient and hodl long enough till they get to over accumulation should go invest in whatever they feel is better and less riskier than Bitcoin. For the record, Bitcoin remains the best digital currency to invest in, i don't know what any other person thinks but that's a fact that's proven, he can check the facts.

 With that being said, it's now obvious that many are scared of Bitcoin cause of volatility or should I rather say the lack of patience but it's something that can't change cause the nature of Bitcoin demands that it remains volatile and the key way to benefit from it is by being patient, nothing more or less so anyone that still considers Bitcoin should get used to that or choose another investment opportunity.

[Sticky Bomb]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks.

What is Fiat when bitcoin is at work to give us the best options we have when it comes to financial economy and opportunity we can derive our fund, bitcoin has a lot of opportunities and this is where we cannot afford not to invest at any time we find it best for us to make an entry to buy and hold, then also decide to sell when it is profitable, this alone cannot be offered by Fiat currency because the entire system does not work in our favor any longer and we couldn't continue like this until we make decision to embrace Bitcoin investment to buy and sell.

You are proclaiming two very wrong investment approaches here, the first is timing the market and investing when you find it best to make an entry, timing the market is bad for a beginner, you have little to no bitcoin at the moment and the best thing you can do is using DCA strategy to buy every time you've discretionary income regardless of price so you can get a good portfolio for yourself, consistency always beats timing the market for a good entry point and tends to produce a better result on the long run. You should be more concerned with your consistency in buying bitcoin as well as building backup funds to protect your holdings

Deciding to sell off when it is profitable is trading and not investing, selling off would see you return to a no coiner soon and if you are selling off to take profit and buy back cheaper, then you are really gambling with your portfolio because there is no guarantee the low prices you are targeting to buy back would end up happening, this sort of gambling practices would see you remain a low-coiner or worse a no-coiner on the long run which is very bad. It is better you keep buying bitcoin consistently, committedly and perhaps even aggressively as long as you've discretionary income present and commit to holding it for the long-term(4 - 10 years or longer) to have a better chance at bigger profitability on the long run.

[Gallar]

There is nothing wrong with expecting profits in investments. Rather, the potential for profits in Bitcoin is what encourages many to save more. But the problem is if someone assumes a guaranteed profit and trades for quick profits or is busy watching short-term price fluctuations instead of long-term savings.

Bitcoin can be a powerful means of long-term savings and value preservation, but the potential for profit is also part of it. But it is wrong to see that profit as guaranteed or short-term. Because when someone sees Bitcoin as a guaranteed profit, he can destroy his long-term savings due to greed and fear when he sees market fluctuations.

Yes, profit isn’t the only thing you can gain from investing in Bitcoin. The purpose of investing isn’t solely to make a profit; there are several other important factors that influence investment decisions, such as preserving value to prevent it from being eroded by inflation. Or it could be for specific planning purposes, such as your children’s education or retirement. But in my personal opinion, the most important aspect of Bitcoin investment is its role as a store of value.

Because just recently, the currency in my country has really weakened significantly, and I imagine what would have happened if the money I had wasn’t invested in Bitcoin and other assets—the value of my money would have certainly plummeted. So right now, I’ve truly experienced firsthand that Bitcoin is indeed an excellent asset. So rather than seeking profits at this moment, I’m more inclined to focus on preserving value. That’s why,, while I certainly want to profit from this Bitcoin investment, it’s clearly not my top priority right now.

Besides preservation of value and profits, there is also financial sovereignty and having options and fixing the monetary system that all come from supporting bitcoin and bitcoin ideas.

Yes, you're absolutely right, my friend. With Bitcoin's limited supply of 21 million coins, its fast global transfer system, and its resilience to inflation, it's certain that Bitcoin will significantly improve the monetary system. So, the existence of Bitcoin is truly a blessing, as it's incredibly difficult for anyone to survive in a financial system that we know is completely unreliable. With Bitcoin, we can truly avoid this inherently manipulative financial system, or at least preserve our wealth to prevent it from being consumed by inflation. That's why I believe Bitcoin is a blessing today. And its decentralized system will clearly create truly excellent financial sovereignty. So, I'm truly grateful to be here in this era.

[GIF-JOBS]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks. Though the first reason most people are investing in Bitcoin is because of the profit, it may not be guarantee but they believe in Bitcoin due to its record In the past and hopefully Bitcoin is still going to increase the more.

Surely, long term investment in Bitcoin tends to place folks in better positions, but even with that, Bitcoin doesn't guarantee profits, even when the investment in done the right way with the right funds(discretionary income).. The market is extremely volatile and and such very unpredictable, that why folks have to avoid approaching Bitcoin with that mindset of certainty or entitlement to profits.. Folks should just set aside those money that one can comfortably afford to lose and then invest using it..

Bitcoin can give good returns in the long run, the possibility of its good results in the long run is very good, but the main reality is that it can never give us a guaranteed profit. The market moves with volatility, that is why there can be strong rises as well as big falls, basically it moves with volatility. That is why there is a possibility here, but even after that, in the end, we must be careful here. We have to invest with money that we can hold for the long term under any circumstances, here we have to first ensure that we hold for the long term, the best chance of success is obtained by maintaining the stability of holding for the long term.

[As-Soon-As]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks.

What is Fiat when bitcoin is at work to give us the best options we have when it comes to financial economy and opportunity we can derive our fund, bitcoin has a lot of opportunities and this is where we cannot afford not to invest at any time we find it best for us to make an entry to buy and hold, then also decide to sell when it is profitable, this alone cannot be offered by Fiat currency because the entire system does not work in our favor any longer and we couldn't continue like this until we make decision to embrace Bitcoin investment to buy and sell.

Bitcoin investment should be done for a long time, those who invest in Bitcoin at short-term rates will basically face losses. As you mentioned, this basically indicates the strategy of a trader, so if you want to invest in Bitcoin, it must be done for a long time and the investment period should be at least more than a decade. Then it is possible to profit a considerable amount of money from Bitcoin investment, and we must use our strategy to sustain Bitcoin investment.
Buying at the right time and holding for a long time Taking the opportunity to buy Bitcoin occasionally, in short, if you can invest in Bitcoin following the DCA method, it will definitely be easier to hold it for a long time.

[Abbatty]

Bitcoin investment should be done for a long time, those who invest in Bitcoin at short-term rates will basically face losses. As you mentioned, this basically indicates the strategy of a trader, so if you want to invest in Bitcoin, it must be done for a long time and the investment period should be at least more than a decade. Then it is possible to profit a considerable amount of money from Bitcoin investment, and we must use our strategy to sustain Bitcoin investment.
Buying at the right time and holding for a long time Taking the opportunity to buy Bitcoin occasionally, in short, if you can invest in Bitcoin following the DCA method, it will definitely be easier to hold it for a long time.

Sometimes some people might be lucky to invest in short time and still gain profit just that the tendency of investing in a long time and having a very successful investment is very much higher. The volatility in Bitcoin still makes it very difficult to still predict how the market may be, with that even someone who invest in a long time still stand a chance to no make profit.

Above all bitcoin investment should not be be seen as to just make profit but as an investment for the future. We have seen a lot of people doing well financially and in the long run they have a complicated future but with bitcoin it give you something to hold on to for the future.

[Mr_Brilliant$]

Bitcoin is the best place to ever save money I mean what we can afford to lose ( discretionary income) because one of the advantage is that one will have full control of the asset and the profit will always be far better and different from when someone is saving in normal banks.

What is Fiat when bitcoin is at work to give us the best options we have when it comes to financial economy and opportunity we can derive our fund, bitcoin has a lot of opportunities and this is where we cannot afford not to invest at any time we find it best for us to make an entry to buy and hold, then also decide to sell when it is profitable, this alone cannot be offered by Fiat currency because the entire system does not work in our favor any longer and we couldn't continue like this until we make decision to embrace Bitcoin investment to buy and sell.

Your perspective of Bitcoin is wrong bro, are you into bitcoin to be buying when it’s low and timing to sell when it’s up a little, are you a trader? Thats a wrong approach towards Bitcion bro..

The best approach towards bitcoin is the longterm approach, investing in Bitcoin and holding for at least 1-2 cycles and more, not running after volatility and changes in price, that approach isn’t sustainable at all..
For Bitcoin been a store of value against fiat inflation yes, it’s a perfect assets to save your money against inflation..