Buy Buy Buy or Sell Sell Sell?

[SmartCharpa]

Because of their extreme greed, people begin to make judgements that would undoubtedly land them in dire straits. They begin buying aggressively during the price decline in the hopes of obtaining short-term success; they buy Bitcoin with money they cannot afford to lose; and they buy Bitcoin with the necessary funds, believing that Bitcoin will provide them with a profit shortly.

However, as a result of such short-term judgements, they stand to lose significantly. Bitcoin should be understood: Bitcoin is not for short-term success; if you invest here, you must hold it for the long term, and we should surely invest in Bitcoin from a financial capacity that allows us to hold it for the long term in any situation.

That’s the mistake some people continue to make when it comes to Bitcoin. The benefit of investing in Bitcoin is to hold for the long term. I think we can also see how the market is reacting right now. Bitcoin is currently trading below $60k. Some people will be doing well with their normal strategy, while we have others out there waiting for this moment to buy the dip for a short term. If the market continues to fall further than this, they will end up losing.

Anytime we are investing, we need to take greed out of it because it can lead to the wrong decision. nobody knows when the market will go up, bitcoin is something we should buy with money that we are not going to use anytime soon. As the market is falling right now, we will not be worried and will continue to buy because we believe that no matter how deep it falls, the market will still recover from this.

[Fash33]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Let's take for instance the bitcoin market, it is clear that there are two seasons, the bull market, and the bear market, but their are reasons why your Bitcoin drops in price after buying or appreciate in price after selling. It is quite understandable that the cryptocurrency market is very volatile , and therefore price of bitcoin can drop or rise within a short period of time. But if you have been in bitcoin investing or understand how bitcoin works, during the bear market, you should expect more of bitcoin price fall than rising, and during the bull market too, you should expect more of bitcoin rise than falling. Based on this facts it is necessary to understand how the bitcoin market works as an investor so that you will be able to know the best time to buy your bitcoin, and the best time to sell.

It is quite likely that you don't even know what the fuck bitcoin investing is @AmaGold70.  You use the term "investing," yet you are talking about buying and selling and trying to figure out if bitcoin is in a bear season or a bull market.  How is that investing rather than trading?

And perhaps you think that you have it all figured out, yet you have ONLY been registered here since March 2024.  Did you get into bitcoin before March 2024?

I really doubt that there are very many traders who could beat a bitcoin buy and hold strategy that is 8 years or longer, and surely the longer the investment strategy, the more likely the trader will end up screwing things up, even if he might have had been able to get lucky with some of his trades over the years.

Let's say for example,  person had been buying $100 worth of bitcoin every week for the past 10 years, and maybe he had invested somewhere around $52k, and he would have had accumulated right around 10 bitcoin.  I have a hard time imagining too many traders that could have had beaten those kinds of results in the past 10 years, and it seems quite likely that investing in bitcoin is going to continue to be a better path than trading, yet of course, every guy is free to chose for himself in regards to how he wants to proceed with his involvement with bitcoin whether he is going to invest or if he is going to fuck around trying to trade, and you seem to have some degenerate inclinations to believe that trading (gambling) is better than investing when it comes to bitcoin.

Exactly, you have a valid point, I believe that most traders are unlikely to achieve better results than someone who is consistently holds and buys BTC for many years, one of biggest advantages of buying holding BTC is that it removes the need to consistently predict market movements which is something even experienced traders struggle to do, The person who has been focused accumulating BTC for many’s has benefited but not in only from btc long term appreciation but also from the power of patience and consistency.
 
This is one of the reasons why consistently buying and holding BTC over a long period of time usually gives investors a better advantage, that’s it allows them to focus on increasing of their BTC holdings rather than to outsmart the market, some investors may like to make lump sum purchases, but for most of people consistently accumulating and holding bitcoin that likely to produce better outcomes than actively trading it.

[ultrloa]

It is quite likely that you don't even know what the fuck bitcoin investing is @AmaGold70.  You use the term "investing," yet you are talking about buying and selling and trying to figure out if bitcoin is in a bear season or a bull market.  How is that investing rather than trading?

And perhaps you think that you have it all figured out, yet you have ONLY been registered here since March 2024.  Did you get into bitcoin before March 2024?

I really doubt that there are very many traders who could beat a bitcoin buy and hold strategy that is 8 years or longer, and surely the longer the investment strategy, the more likely the trader will end up screwing things up, even if he might have had been able to get lucky with some of his trades over the years.

Let's say for example,  person had been buying $100 worth of bitcoin every week for the past 10 years, and maybe he had invested somewhere around $52k, and he would have had accumulated right around 10 bitcoin.  I have a hard time imagining too many traders that could have had beaten those kinds of results in the past 10 years, and it seems quite likely that investing in bitcoin is going to continue to be a better path than trading, yet of course, every guy is free to chose for himself in regards to how he wants to proceed with his involvement with bitcoin whether he is going to invest or if he is going to fuck around trying to trade, and you seem to have some degenerate inclinations to believe that trading (gambling) is better than investing when it comes to bitcoin.

Exactly, you have a valid point, I believe that most traders are unlikely to achieve better results than someone who is consistently holds and buys BTC for many years, one of biggest advantages of buying holding BTC is that it removes the need to consistently predict market movements which is something even experienced traders struggle to do, The person who has been focused accumulating BTC for many’s has benefited but not in only from btc long term appreciation but also from the power of patience and consistency.
 
This is one of the reasons why consistently buying and holding BTC over a long period of time usually gives investors a better advantage, that’s it allows them to focus on increasing of their BTC holdings rather than to outsmart the market, some investors may like to make lump sum purchases, but for most of people consistently accumulating and holding bitcoin that likely to produce better outcomes than actively trading it.

Most of people doing trades are trying to outsmart or beat the market, but very few people remain consistent because situations move so fast because Bitcoin is so unpredictable. To many people got liquidated today when Bitcoin fall down at $50k level.

Those people are trading are losing, but those people choose to continue their accumulation remain consistent despite the market is experiencing some downturns that's why those long term are better, since most of traders now are struggling.

The advantage of people being consistent is they build discipline and usually been tested on current situation happening in the market today, then it usually lead to much greater result compare to those people doing active trades.

[ejikeme24]

Most of people doing trades are trying to outsmart or beat the market, but very few people remain consistent because situations move so fast because Bitcoin is so unpredictable. To many people got liquidated today when Bitcoin fall down at $50k level.

I think they are just being delusional because there's no way they can outsmart or beat the market, so it's high time they take Thier minds off from whatever thing that has to do with trading and focus on Long term investment because that's the only place I know they can easily achieve Thier plans even though we are not certain about the outcome of our investment. but for Bitcoin to profit those early investors who held Thier Bitcoin for Long, i personally believe that if we also follow that same process it's also going to reward us like those early investors.

[Popkon6]

Most of people doing trades are trying to outsmart or beat the market, but very few people remain consistent because situations move so fast because Bitcoin is so unpredictable. To many people got liquidated today when Bitcoin fall down at $50k level.

I think they are just being delusional because there's no way they can outsmart or beat the market, so it's high time they take Thier minds off from whatever thing that has to do with trading and focus on Long term investment because that's the only place I know they can easily achieve Thier plans even though we are not certain about the outcome of our investment. but for Bitcoin to profit those early investors who held Thier Bitcoin for Long, i personally believe that if we also follow that same process it's also going to reward us like those early investors.

Investing in Bitcoin is definitely more likely to be profitable if it is long-term. Your thinking is that you will keep Bitcoin according to the plan of the initial investors, it is correct, but you will not be able to profit in the proportion in which they will receive profit. Because past investors have been experiencing profit so far, but if you invest now, you will not be able to profit from now. You can be profitable only when you keep your Bitcoin investment for a long time as planned,
Bitcoin will be long-term enough and the price of Bitcoin will improve more, then you can profit. Moreover, if you invest in Bitcoin with the intention of receiving benefits, you may be impatient, so you can be Rahman by patiently keeping Bitcoin investment for a long time. We should move towards the future according to this plan.

[Solokan]

We're currently in a bearish season, and using a strategy like the one you mentioned would be very suitable because there's certainly potential for BTC to continue falling. During this decline, we can buy BTC while DCA is running.

However, I think if you have extra money, definitely money you can afford to lose, it's better to use DCA aggressively. For example, if you're buying BTC once a week, you could increase it to twice a week, regardless of whether the price drops. However, in this case, the decision is ultimately yours.

You're presenting some things with more certainty than they deserve. Nobody knows if BTC will continue falling or start moving higher from here. The market I cant be predicted correctly, that is why most investors use DCA .
Confidently saying that were in a “bearish season” and tha BTC have strong potential to keep falling can push people to make decisions base on assumption and not fact. DCA is designed to reduce the need to predict price movements….the goal to invest consistently over time. I also don't think it right to say that using DCA more aggressive is better.More purchases do not guarantee better results. Folks should focus be on consistency, risk management and long term mindset instead of assumption about future price movements.

I get your point correctly but he did not say they have to stop DCA strategy but but increase your allocation only if you realize some funds that you can afford to lose, I think that idea is a very good one because that will help in building his bitcoin portfolio faster.

I will like to disagree with you when you see the aggressive buying is not guarantee that you have a better result, firstly what better result are you looking for? if not to accumulate Bitcoin, I don't see anything wrong with the decision he took, if assuming the money is not from the discretionary income then I'll be bothered, because I will say it is a very wrong move which I believe it will destroy everything at the end.

Yes, that's what I mean, and there's nothing wrong with it, right? I'm not talking about stopping DCA; instead, I'm talking about increasing DCA more aggressively if you have extra money or income, and of course, money you're prepared to lose. If I were to stop DCA and wait to buy BTC when there's a drop, that's not a good idea because we don't know where BTC's price will go. As long as we use discretionary income to buy BTC, we're not making a mistake. The ones who are wrong are those who use money they're not prepared to lose, or money that isn't from discretionary income.

Oh yeah, today, BTC dropped to $58,000, its lowest point in one market, and it's still low now. I think the current DCA is certainly a discounted price because it just so happens that BTC is dropping during DCA. Has anyone else happened to be doing DCA right now while BTC is dropping? Even though we don't need to look at the price when buying BTC, there's still a happier feeling because it's like getting a bonus by buying BTC at this time.

[JayJuanGee]

I will like to disagree with you when you see the aggressive buying is not guarantee that you have a better result, firstly what better result are you looking for? if not to accumulate Bitcoin, I don't see anything wrong with the decision he took, if assuming the money is not from the discretionary income then I'll be bothered, because I will say it is a very wrong move which I believe it will destroy everything at the end.

You are very far from understanding what he meant by that statement, that buying aggressively doesn't guarantees a better result. I believe that he is talking about Bitcoin, not your volume of accumulation. He is trying to say that Bitcoin investment doesn't guarantees success even if you buy and accumulate aggressively, because no body knows where the value of Bitcoin might be in few years time from now, even though it has a high potential of skyrocketing and setting a new all time high in years to come.
Or he is trying to say that you may easily run into trouble with your investment if you are too aggressive, by going beyond your discretionary income, but nothing is guaranteed in Bitcoin investment, that's why you should not go all in on your investment no matter what.

I will want get something straight here, are you saying that since we it is been said that nothing is been guaranteed in bitcon investment, people should not buy aggressively with their discretionary income? I will want to be schooled through on this, we actually know that nothing is been guaranteed but we know the type of investment we are into, how it can reward investors that are patient enough to acumulate and hodl for a long-term, man I wouldn't want anyone to change people's beliefs, as far as an investor is being agressive with the funds meant for it, then that's fine and even though such investor still believes that there will be a light at the end of the tunnel so be it after all that's hope, lets not forget that there was a time the ATH that we experienced was like a dream that that may not come through but it later became a reality, so let's allow people to think whatever as long as they are not investing inappropriately.

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

We have to live with consequences of our actions, whether we choose to invest in bitcoin or not and how much of our time, energy and value that we choose to put in bitcoin as compared with other places that we could choose to put our time, energy and value.

We decide for ourselves, and we cannot proclaim that x, y or z on the internet said that we should do this, that or another thing.  We have to choose for ourselves how we are going to deal with the matter and how much we are going to ongoingly allocate to bitcoin as compared with other places that we could allocate.

I will like to disagree with you when you see the aggressive buying is not guarantee that you have a better result, firstly what better result are you looking for? if not to accumulate Bitcoin, I don't see anything wrong with the decision he took, if assuming the money is not from the discretionary income then I'll be bothered, because I will say it is a very wrong move which I believe it will destroy everything at the end.

You are very far from understanding what he meant by that statement, that buying aggressively doesn't guarantees a better result. I believe that he is talking about Bitcoin, not your volume of accumulation. He is trying to say that Bitcoin investment doesn't guarantees success even if you buy and accumulate aggressively, because no body knows where the value of Bitcoin might be in few years time from now, even though it has a high potential of skyrocketing and setting a new all time high in years to come.
Or he is trying to say that you may easily run into trouble with your investment if you are too aggressive, by going beyond your discretionary income, but nothing is guaranteed in Bitcoin investment, that's why you should not go all in on your investment no matter what.

I know nothing is guarantee in Bitcoin Investment but talking about how nothing is certain or guarantee about Bitcoin investment can make some people lost interest and see Bitcoin as something that is not worthy to accumulate and it can also make some folks to change their perspective about Bitcoin Investment, now what do I mean by this? What I'm trying to say is that this statement can make investor change their mindset into trading or gambling because of the fact that profit is not certain in the future.

Yes, and each of us is responsible for our choice of what to do or what not to do, and if we do dumb shit based on wrong information and/or wrong conclusions, then that is our responsibility.

[Razmirraz]

Most of people doing trades are trying to outsmart or beat the market, but very few people remain consistent because situations move so fast because Bitcoin is so unpredictable. To many people got liquidated today when Bitcoin fall down at $50k level.

I think they are just being delusional because there's no way they can outsmart or beat the market, so it's high time they take Thier minds off from whatever thing that has to do with trading and focus on Long term investment because that's the only place I know they can easily achieve Thier plans even though we are not certain about the outcome of our investment. but for Bitcoin to profit those early investors who held Thier Bitcoin for Long, i personally believe that if we also follow that same process it's also going to reward us like those early investors.

Even for professionals, it is very difficult to predict market price movements consistently every day, this is the reason why most investors prefer to rely on time in the market because it is much more important than trying to guess the timing the market. Historically, Bitcoin has shown significant growth over the long term due to its ever expanding adoption and limited supply. While we cannot deny that Bitcoin has high volatility, but long-term accumulation strategies have yielded extraordinary returns for investors.
Bitcoin investors, especially beginners, should always incorporate the Hold concept into their strategy because Bitcoin has transformed into a major macro asset. Although its journey or growth in the future "maybe" not be exponential or multiply thousands of times as it was 10 years ago, Bitcoin is still considered a reliable hedge against inflation.

[KeenanEl19]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

We have to live with consequences of our actions, whether we choose to invest in bitcoin or not and how much of our time, energy and value that we choose to put in bitcoin as compared with other places that we could choose to put our time, energy and value.

We decide for ourselves, and we cannot proclaim that x, y or z on the internet said that we should do this, that or another thing.  We have to choose for ourselves how we are going to deal with the matter and how much we are going to ongoingly allocate to bitcoin as compared with other places that we could allocate.

We don't know if the price will continue to go down or stay down or it's good to go up again. but I don't think it will continue to go down especially until the price really goes to zero, even though it might happen but we shouldn't worry about this because as you said so when we invest then we must be prepared to lose by using funds that we are willing to lose.

As you said we have to live with the consequences of our actions, even though what happens is not in accordance with what we expect but at least the efforts we make are for the good of our future such as by investing which of course the purpose of doing this is for the future, one of which is financial.

[SPIDERMAN008]

Most of people doing trades are trying to outsmart or beat the market, but very few people remain consistent because situations move so fast because Bitcoin is so unpredictable. To many people got liquidated today when Bitcoin fall down at $50k level.

I think they are just being delusional because there's no way they can outsmart or beat the market, so it's high time they take Thier minds off from whatever thing that has to do with trading and focus on Long term investment because that's the only place I know they can easily achieve Thier plans even though we are not certain about the outcome of our investment. but for Bitcoin to profit those early investors who held Thier Bitcoin for Long, i personally believe that if we also follow that same process it's also going to reward us like those early investors.

Even for professionals, it is very difficult to predict market price movements consistently every day, this is the reason why most investors prefer to rely on time in the market because it is much more important than trying to guess the timing the market. Historically, Bitcoin has shown significant growth over the long term due to its ever expanding adoption and limited supply. While we cannot deny that Bitcoin has high volatility, but long-term accumulation strategies have yielded extraordinary returns for investors.
Bitcoin investors, especially beginners, should always incorporate the Hold concept into their strategy because Bitcoin has transformed into a major macro asset. Although its journey or growth in the future "maybe" not be exponential or multiply thousands of times as it was 10 years ago, Bitcoin is still considered a reliable hedge against inflation.

The possibility of Bitcoin's price going back to zero is low, but theoretically possible. Similarly, it is not right to say with absolute certainty that Bitcoin's price will not increase hundreds of times in the future. In fact, it is not possible to say how much Bitcoin will be . However, people do not invest in Bitcoin just as a hedge against inflation. Because the purpose of Bitcoin is that a person will always have the intention of making a profit through investment. Some people expect profit in the short term, while many people expect profit through long-term investment. But here, the chances of success increase if they can make the right decision according to the plan. In this case, those who can hold for a long time have a higher chance of success. Therefore, instead of focusing on market timing, they should focus on buying Bitcoin regularly...

[JayJuanGee]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

We have to live with consequences of our actions, whether we choose to invest in bitcoin or not and how much of our time, energy and value that we choose to put in bitcoin as compared with other places that we could choose to put our time, energy and value.

We decide for ourselves, and we cannot proclaim that x, y or z on the internet said that we should do this, that or another thing.  We have to choose for ourselves how we are going to deal with the matter and how much we are going to ongoingly allocate to bitcoin as compared with other places that we could allocate.

We don't know if the price will continue to go down or stay down or it's good to go up again. but I don't think it will continue to go down especially until the price really goes to zero, even though it might happen but we shouldn't worry about this because as you said so when we invest then we must be prepared to lose by using funds that we are willing to lose.

Of course, at any given time, we likely have no high level of confidence if the BTC price is going to go up, down or sideways, and probably it is more difficult to know in the short term as compared with the long term.

Yet, even with the long term, we don't really know, even though we invest in bitcoin with an expectation that we are likely going to be better off for investing in bitcoin as compared to if we had not invested in bitcoin, especially 4-10 years or longer into the future, whatever might be our investment timeline.

We are not investing hoping to lose, yet we still likely have to invest with a mindset that we could lose most if not all of the money that we put into bitcoin - as compared with if we spent the money right away on some consumption good or maybe some other investment.  When we invest into bitcoin and we consider it as a long term investment of 4-10 years or longer, then we commit to that timeline.

Of course, we have free-agency too, so at any point, we can choose to cash out of some or all of our bitcoin investment or to change our minds or some variation of reallocating some or all of our money out of bitcoin.  Those are personal choices, and a lot of guys have historically fucked themselves quite royally by selling too much bitcoin too soon, yet each of us is able to make those kinds of decisions, even if we might end up screwing up our investment based on choices (and actions) that we end up taking.

Guys also have historically screwed up for being too whimpy in their bitcoin investment and/or being overly aggressive, so there are a variety of ways that guys can end up screwing up their own investment plans and/or practices.

As you said we have to live with the consequences of our actions, even though what happens is not in accordance with what we expect but at least the efforts we make are for the good of our future such as by investing which of course the purpose of doing this is for the future, one of which is financial.

Surely investing has financial, psychological and social impacts, so even though we might not realize why we are in bitcoin besides our expectation of number go up technology (and number does not always go up), yet it seems that we owe ourselves to spend time figuring out why we are in bitcoin, even if our reasons for being in bitcoin might change with the passage of time that we are in bitcoin, and it seems that we owe it to ourselves to improve our own practices and perspectives around both our bitcoin investment and our cashflow management practices/systems that we likely strengthen through our getting involved in bitcoin and staying involved in bitcoin.  I have been in bitcoin for just over 12.5 years, and surely I feel that I have learned a lot about bitcoin and also various aspects of my views about other topics have changed as well because of my ongoing involvement in bitcoin.

Most of people doing trades are trying to outsmart or beat the market, but very few people remain consistent because situations move so fast because Bitcoin is so unpredictable. To many people got liquidated today when Bitcoin fall down at $50k level.

I think they are just being delusional because there's no way they can outsmart or beat the market, so it's high time they take Thier minds off from whatever thing that has to do with trading and focus on Long term investment because that's the only place I know they can easily achieve Thier plans even though we are not certain about the outcome of our investment. but for Bitcoin to profit those early investors who held Thier Bitcoin for Long, i personally believe that if we also follow that same process it's also going to reward us like those early investors.

Even for professionals, it is very difficult to predict market price movements consistently every day, this is the reason why most investors prefer to rely on time in the market because it is much more important than trying to guess the timing the market. Historically, Bitcoin has shown significant growth over the long term due to its ever expanding adoption and limited supply. While we cannot deny that Bitcoin has high volatility, but long-term accumulation strategies have yielded extraordinary returns for investors.
Bitcoin investors, especially beginners, should always incorporate the Hold concept into their strategy because Bitcoin has transformed into a major macro asset. Although its journey or growth in the future "maybe" not be exponential or multiply thousands of times as it was 10 years ago, Bitcoin is still considered a reliable hedge against inflation.

The possibility of Bitcoin's price going back to zero is low, but theoretically possible. Similarly, it is not right to say with absolute certainty that Bitcoin's price will not increase hundreds of times in the future.

Actually that is a good point SPIDERMAN008.

Bitcoin remains a pretty damned decent asymmetric bet to the upside, which could be interpreted to mean that as long as we do not fuck around with leverage, then the most that we can lose is 100% of what we put into it, while at the same time, there are reasonable possibilities that bitcoin could go up in stupendous ways within our investment timeline whether that is 4-10 years or longer or some other timeline.. Of course, many the regular bitcoiners do not recommend that guys get into bitcoin for less than 4 year timelines, since in bitcoin those kinds of less than 4-year timelines would be considered to be trades rather than investments.

In fact, it is not possible to say how much Bitcoin will be . However, people do not invest in Bitcoin just as a hedge against inflation. Because the purpose of Bitcoin is that a person will always have the intention of making a profit through investment.

Personally I don't get too excited about any frameworks that focus on bitcoin "profits," since profits seems to be more of a trading framework rather than an investing framework.

Sure of course, there are expectations of profits, and maybe even profits are presumed to have very good chances of being built into how we treat our bitcoin holdings, yet I doubt that there is much if any need to focus on "taking profits" once we get to a status of enough bitcoin or more than enough bitcoin.

At some point, if we start to substitute or supplement our income with income from bitcoin, then we likely just figure out how much the bitcoin holdings will be able to allow for sustainable withdrawal, especially in circumstances that we are not trying to deplete bitcoin's principle.

Some people expect profit in the short term, while many people expect profit through long-term investment. But here, the chances of success increase if they can make the right decision according to the plan. In this case, those who can hold for a long time have a higher chance of success. Therefore, instead of focusing on market timing, they should focus on buying Bitcoin regularly...

You are a bit unclear here.  I think that you are having troubles getting into an investor's mindset and out of a traders mindset.. but whatever.  Do what you like.

[BRINIRHA]

In addition we also need to consider the financial problems we have the longer the level of needs can increase and when we are unable to cover it from the start because it is too focused on doing several bitcoin buying strategies at once without any consideration in daily needs this can also be a problem that will arise and this will interfere with the investment we are doing.
We are always competing to make the quantity look better because we always expect rapid portfolio growth but do not realize that the poor quality of our investments and done too aggressively can also create new problems.

Mate I have read all you said and perhaps you don't understand that if one has not figure out his discreationary income,  such person has nothing to do with Bitcoin investment until the needful is done, it is as simple as that, the problem with many people is that they give many excuses not that discreationary income can not figured out from their income but they make it look like their expenses are way too much, man problem does not finish, if one begins to think this way, no one will ever have investment anywhere, your statement is like a discouragement, do you know that many investors even the ones you know have some problems too but they tackle it gradually without slowing it to hinder them from investing for the future, not I'm not saying or advising anyone to invest in Bitcoin when they can't figure out their discreationary income, rather I'm saying that there some statements that sound like an excuse to me.

Talking about aggressiveness in Bitcoin investment, it is not forced on anyone neither is it a competition, although it is adviceable for investors to be aggressive sometimes but it should be done on persuasion or pressure.

Discretionary funds are not always fixed, because discretionary funds adjust to our income in income (for example in 1 month's salary) so it does not mean that those who have arranged discretionary funds are in investment or vice versa.

The adjustment of discretionary funds every month is not an excuse but indeed a certainty because discretionary funds can exist if our basic needs are met and our reserve funds are also maintained so that there are discretionary funds that we can invest in bitcoin.
It would be very wrong if we prioritize discretionary funds first but forget the basic funds for our daily needs because that is what sometimes makes investors misstep in their investments.
In DCA in bitcoin it is not only the quantity that is thought of but the quality of our investment in the sense that we are not only focused on increasing quickly in portfolio assets but comfort in our investment so that the basic funds for our lives are well preserved and our investment runs smoothly because our focus is not on instant wealth but how we can continue long-term investment without the need to disturb our mentality and thinking to think about how we can live and eat for the next month.

[alankasman]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

There's nothing wrong with those who do this by continually buying Bitcoin over a long period of time. The question I need to ask is are they capable and don't need anything else if all their money is invested in Bitcoin purchases over a predetermined period of time?
Whether or not there is a guarantee is a secondary issue because they have to accept the risk when purchasing Bitcoin in a very aggressive manner which some parties rarely do and usually only large investors who are brave and have a strong mental and financial strength do this so using such an aggressive method is nothing new for them.

Before acting they must choose between being aggressive and being timid about what they are about to do. This means that if they do it, they cannot repeat it. This means that if they do it they will certainly know what will happen for example, they cannot blame others who are the main factor in the mistakes they have made.
This is true and it also depends on our belief in Bitcoin. We must have faith in Bitcoin. This will help us optimize our investment decisions when purchasing Bitcoin and price fluctuations won't be a reason to constantly blame market prices. It all depends on our belief. Without faith we certainly wouldn't invest in Bitcoin.

[Umulala-alala]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

We have to live with consequences of our actions, whether we choose to invest in bitcoin or not and how much of our time, energy and value that we choose to put in bitcoin as compared with other places that we could choose to put our time, energy and value.

We decide for ourselves, and we cannot proclaim that x, y or z on the internet said that we should do this, that or another thing.  We have to choose for ourselves how we are going to deal with the matter and how much we are going to ongoingly allocate to bitcoin as compared with other places that we could allocate.

We don't know if the price will continue to go down or stay down or it's good to go up again. but I don't think it will continue to go down especially until the price really goes to zero, even though it might happen but we shouldn't worry about this because as you said so when we invest then we must be prepared to lose by using funds that we are willing to lose.

As you said we have to live with the consequences of our actions, even though what happens is not in accordance with what we expect but at least the efforts we make are for the good of our future such as by investing which of course the purpose of doing this is for the future, one of which is financial.

Short time BTC traders who think they can outsmart the market will be panicking now because they will be at lost, some might have even sold out due to fear of more dip but long time BTC investor still have hope of the market recovering back because they plan holding for 4-10 years or even more. Even though nobody still know what will happen in the future and what the price will become it's still better to be holding and buying more bitcoin if there is discretionary income available what even still happened then should be taken in good faith knowing that bitcoin doesn't even guarantee us success that's why we are supposed to invest in our discretionary income.

[wmaurik]

Even for professionals, it is very difficult to predict market price movements consistently every day, this is the reason why most investors prefer to rely on time in the market because it is much more important than trying to guess the timing the market. Historically, Bitcoin has shown significant growth over the long term due to its ever expanding adoption and limited supply. While we cannot deny that Bitcoin has high volatility, but long-term accumulation strategies have yielded extraordinary returns for investors.
Bitcoin investors, especially beginners, should always incorporate the Hold concept into their strategy because Bitcoin has transformed into a major macro asset. Although its journey or growth in the future "maybe" not be exponential or multiply thousands of times as it was 10 years ago, Bitcoin is still considered a reliable hedge against inflation.

In fact, beginners shouldn't be afraid to accumulate Bitcoin now, as the price is still relatively low, allowing all investors to immediately buy larger amounts with their existing capital. I also see the potential for Bitcoin adoption to increase this year and in the years to come, as it's now highly feasible for almost anyone to enter the market before the price moves higher again. Furthermore, the notion of Bitcoin as a hedge is also valid, as it has been proven over the years, even though most people don't deny Bitcoin's significant volatility.

Bitcoin is currently below $60,000, likely due to slightly higher selling pressure than buying pressure this month. However, this isn't a bad thing, as most beginners looking to invest in Bitcoin can capitalize on this situation before Bitcoin rises again, as I believe Bitcoin's growth will never stop. Therefore, beginners should be confident and not hesitate to hold Bitcoin and continue accumulating it when discretionary funds are available.

[Supreme Donvic]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

We have to live with consequences of our actions, whether we choose to invest in bitcoin or not and how much of our time, energy and value that we choose to put in bitcoin as compared with other places that we could choose to put our time, energy and value.

We decide for ourselves, and we cannot proclaim that x, y or z on the internet said that we should do this, that or another thing.  We have to choose for ourselves how we are going to deal with the matter and how much we are going to ongoingly allocate to bitcoin as compared with other places that we could allocate.

We don't know if the price will continue to go down or stay down or it's good to go up again. but I don't think it will continue to go down especially until the price really goes to zero, even though it might happen but we shouldn't worry about this because as you said so when we invest then we must be prepared to lose by using funds that we are willing to lose.

As you said we have to live with the consequences of our actions, even though what happens is not in accordance with what we expect but at least the efforts we make are for the good of our future such as by investing which of course the purpose of doing this is for the future, one of which is financial.

Short time BTC traders who think they can outsmart the market will be panicking now because they will be at lost, some might have even sold out due to fear of more dip but long time BTC investor still have hope of the market recovering back because they plan holding for 4-10 years or even more. Even though nobody still know what will happen in the future and what the price will become it's still better to be holding and buying more bitcoin if there is discretionary income available what even still happened then should be taken in good faith knowing that bitcoin doesn't even guarantee us success that's why we are supposed to invest in our discretionary income.

those who are traders are panicking right now and a lot of them have sold their bitcoin and have lost because of the dip in the price of Bitcoin, if you are accumulating Bitcoin and holding for long-term I don't think you have any reason to panic and if you have a reserve fund I will advise you to use it to accumulate aggressively now that bitcoin is in dip, for long-term investors now is a time to accumulate more with low price, now is an opportunity for them it is not a time to panic.
It is true that the future of Bitcoin is not known however with the past experience that we have about Bitcoin we are certain that the price of Bitcoin will surely increase in the future.
The reason why we are using our discretionary income to accumulate Bitcoin is not because Bitcoin those not guarantee success is because using discretionary income to accumulate Bitcoin will help you hold longer without dipping hands into it.

[Queen uloma]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

We have to live with consequences of our actions, whether we choose to invest in bitcoin or not and how much of our time, energy and value that we choose to put in bitcoin as compared with other places that we could choose to put our time, energy and value.

We decide for ourselves, and we cannot proclaim that x, y or z on the internet said that we should do this, that or another thing.  We have to choose for ourselves how we are going to deal with the matter and how much we are going to ongoingly allocate to bitcoin as compared with other places that we could allocate.

We don't know if the price will continue to go down or stay down or it's good to go up again. but I don't think it will continue to go down especially until the price really goes to zero, even though it might happen but we shouldn't worry about this because as you said so when we invest then we must be prepared to lose by using funds that we are willing to lose.

As you said we have to live with the consequences of our actions, even though what happens is not in accordance with what we expect but at least the efforts we make are for the good of our future such as by investing which of course the purpose of doing this is for the future, one of which is financial.

Short time BTC traders who think they can outsmart the market will be panicking now because they will be at lost, some might have even sold out due to fear of more dip but long time BTC investor still have hope of the market recovering back because they plan holding for 4-10 years or even more. Even though nobody still know what will happen in the future and what the price will become it's still better to be holding and buying more bitcoin if there is discretionary income available what even still happened then should be taken in good faith knowing that bitcoin doesn't even guarantee us success that's why we are supposed to invest in our discretionary income.

those who are traders are panicking right now and a lot of them have sold their bitcoin and have lost because of the dip in the price of Bitcoin, if you are accumulating Bitcoin and holding for long-term I don't think you have any reason to panic and if you have a reserve fund I will advise you to use it to accumulate aggressively now that bitcoin is in dip, for long-term investors now is a time to accumulate more with low price, now is an opportunity for them it is not a time to panic.
It is true that the future of Bitcoin is not known however with the past experience that we have about Bitcoin we are certain that the price of Bitcoin will surely increase in the future.
The reason why we are using our discretionary income to accumulate Bitcoin is not because Bitcoin those not guarantee success is because using discretionary income to accumulate Bitcoin will help you hold longer without dipping hands into it.

I get your point. If someone is a longterm bitcoin investor and uses only their discretionary income then there’s little reason to panic because price dips has happened many times in bitcoin history and it was still recovered. Many longterm holders sees market crash as an opportunity to buy more at a lower price. But we should always remember that nobody can guarantee bitcoin future. Past performance isn’t promise of future bitcoin results. Bitcoin can rise again but it can stay down for a long period because of that, investors are not supposed to invest with their emergency funds, use his savings to invest in bitcoin or borrow money carelessly to invest in bitcoin. The best thing is to invest money that you won’t urgently need for a long period of time, be patience and keep reserve funds for any emergency that comes up. Dips may be an opportunity for investors who invest in longterm investment, Only if they prepare themselves mentally and financially for volatility. Panic to sell mostly happens because people invest money that they can’t afford to leave for a long period of time.

[okorieemmanuel]

If a person is ongoingly buying bitcoin for 4-10 years or longer, and perhaps the BTC price is all over the place, there is a bit of a presumption that the BTC price curve is inclined in an upward direction, so if the guy keeps accumulating bitcoin, then he would be better off for having had spent his time, energy and money investing into bitcoin as compared to an alternative scenario in which he had not.

Yet, there is no guarantee that guys who bought bitcoin, even if they did everything perfectly, are going to end up better off for having had bought bitcoin as compared to if they had not bought bitcoin.

So guys have to choose how aggressive or whimpy that they want to be in their investment, and also to be investing with money that they are willing to lose, in the even that bitcoin goes to zero.

Sure.  No one invests into anything if they believe that it does not have decently good odds of going up rather than going down, yet the mere fact that many of us believe that bitcoin is amongst the best (if not the best) of investments currently available to everyone and anyone, our beliefs and/or our convictions about bitcoin does not necessarily mean that we are going to be correct in regards to what we are anticipating, such as a bitcoin price curve that is generally sloping upwardly, just as bitcoin's price curve has historically sloped upwardly.  We likely also know that past performance does not guarantee future results.

We have to live with consequences of our actions, whether we choose to invest in bitcoin or not and how much of our time, energy and value that we choose to put in bitcoin as compared with other places that we could choose to put our time, energy and value.

We decide for ourselves, and we cannot proclaim that x, y or z on the internet said that we should do this, that or another thing.  We have to choose for ourselves how we are going to deal with the matter and how much we are going to ongoingly allocate to bitcoin as compared with other places that we could allocate.

We don't know if the price will continue to go down or stay down or it's good to go up again. but I don't think it will continue to go down especially until the price really goes to zero, even though it might happen but we shouldn't worry about this because as you said so when we invest then we must be prepared to lose by using funds that we are willing to lose.

As you said we have to live with the consequences of our actions, even though what happens is not in accordance with what we expect but at least the efforts we make are for the good of our future such as by investing which of course the purpose of doing this is for the future, one of which is financial.

Short time BTC traders who think they can outsmart the market will be panicking now because they will be at lost, some might have even sold out due to fear of more dip but long time BTC investor still have hope of the market recovering back because they plan holding for 4-10 years or even more. Even though nobody still know what will happen in the future and what the price will become it's still better to be holding and buying more bitcoin if there is discretionary income available what even still happened then should be taken in good faith knowing that bitcoin doesn't even guarantee us success that's why we are supposed to invest in our discretionary income.

those who are traders are panicking right now and a lot of them have sold their bitcoin and have lost because of the dip in the price of Bitcoin, if you are accumulating Bitcoin and holding for long-term I don't think you have any reason to panic and if you have a reserve fund I will advise you to use it to accumulate aggressively now that bitcoin is in dip, for long-term investors now is a time to accumulate more with low price, now is an opportunity for them it is not a time to panic.
It is true that the future of Bitcoin is not known however with the past experience that we have about Bitcoin we are certain that the price of Bitcoin will surely increase in the future.
The reason why we are using our discretionary income to accumulate Bitcoin is not because Bitcoin those not guarantee success is because using discretionary income to accumulate Bitcoin will help you hold longer without dipping hands into it.

I get your point. If someone is a longterm bitcoin investor and uses only their discretionary income then there’s little reason to panic because price dips has happened many times in bitcoin history and it was still recovered. Many longterm holders sees market crash as an opportunity to buy more at a lower price. But we should always remember that nobody can guarantee bitcoin future. Past performance isn’t promise of future bitcoin results. Bitcoin can rise again but it can stay down for a long period because of that, investors are not supposed to invest with their emergency funds, use his savings to invest in bitcoin or borrow money carelessly to invest in bitcoin. The best thing is to invest money that you won’t urgently need for a long period of time, be patience and keep reserve funds for any emergency that comes up. Dips may be an opportunity for investors who invest in longterm investment, Only if they prepare themselves mentally and financially for volatility. Panic to sell mostly happens because people invest money that they can’t afford to leave for a long period of time.

That's true. No matter how knowledgeable you are, you will still need to take caution in anything you do. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE OUTCOME IN VALUE . We all need to go to the drawing board and don't invest carelessly.

[Rockson1]

Even for professionals, it is very difficult to predict market price movements consistently every day, this is the reason why most investors prefer to rely on time in the market because it is much more important than trying to guess the timing the market. Historically, Bitcoin has shown significant growth over the long term due to its ever expanding adoption and limited supply. While we cannot deny that Bitcoin has high volatility, but long-term accumulation strategies have yielded extraordinary returns for investors.
Bitcoin investors, especially beginners, should always incorporate the Hold concept into their strategy because Bitcoin has transformed into a major macro asset. Although its journey or growth in the future "maybe" not be exponential or multiply thousands of times as it was 10 years ago, Bitcoin is still considered a reliable hedge against inflation.

Who's even a professional in Bitcoin investment? There is no one that can predict bitcon price, people continue to deceive themselves, I calm it deceit because why will anyone even think of timing or say that the price of Bitcoin will arrive at the price he predicted such is bullshit, even though it finally happens that way, it not as if it is because of his prediction rather we can say that it what volatilty gave at that time, personally there are things I do not take serious, from the day I understand what volatility is, I see those that talk about predictin the market or timing the market as people that don't know what to do with their time infact they are jokers, for me it is about the history that we know which is tied to long-term hodling.

[Bluedrem]

Who's even a professional in Bitcoin investment? There is no one that can predict bitcon price, people continue to deceive themselves, I calm it deceit because why will anyone even think of timing or say that the price of Bitcoin will arrive at the price he predicted such is bullshit, even though it finally happens that way, it not as if it is because of his prediction rather we can say that it what volatilty gave at that time, personally there are things I do not take serious, from the day I understand what volatility is, I see those that talk about predictin the market or timing the market as people that don't know what to do with their time infact they are jokers, for me it is about the history that we know which is tied to long-term hodling.

Is it really necessary for those who invest in Bitcoin for the long term, especially those who manage their investments in DCA, to be professional and wait for the Bitcoin price prediction to buy? I don't think it is necessary at all. If someone really wants to diversify their savings and is interested in investing in Bitcoin for the long term for the future, then they don't need to worry about the current price of Bitcoin. I would tell them that if you have discretionary income, you can start investing now. Just remember not to invest here from your basic needs fund because if you don't have enough funds to meet emergencies without Bitcoin funds, then Bitcoin funds can be at risk.

Remember that you are managing DCA and if you don't have discretionary income at any time, you are not obligated to invest in Bitcoin. Manage DCA when you have discretionary income.

Investors should make the portfolio long-term rather than growing the Bitcoin portfolio.