Buy Buy Buy or Sell Sell Sell?

[Rebirth01]

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.

Did you actually think this  through before typing it here ? Or you just choose to be ignorant ? Saying folks should use reserve funds to accumulate Bitcoin agressively is very very irresponsible. Reserve or emergency fund is kept aside to settle unexpected expenses, not to expose it to a volatile asset like Bitcoin. It’ s also very wrong and misleading to say thatswe are "certain" the price will surely increase because of its past performance. No one can guarantee that, and history doesnt promise what comes next. Long term investing is about disciplined accumulation with discretionary income, and also understanding the risks…. not making aggressive moves base on the belief that future gains are guaranteed.

It’s like you don’t know that reserve funds and emergency funds are different from each other and they serve different purposes for investors even though both still fall under the category of back-up funds. Emergency funds is the money that is set aside to take care of any unexpected expenses that may occur during the course of our investment period.
Reserve funds on the other hand is the money that is set aside to take care of planned future expenses that a person believes is likely to happen; you see the difference now?. Certainly i don’t think it is bad thing if a person decides to keep reserve funds for the purpose of buying aggressively at a particular time that they may feel is appropriate for them to, as long their emergency funds is already in place and continues to be prioritized.

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

[Different patterns]

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.

Is not necessarily mean anyone should commit the same amount of discretionary income regardless of their financial situation. it good that someone with a stable income, a sufficient emergency fund, and greater financial stability can afford to allocate more of their discretionary income to bitcoin. In other hand, if there are concerns about future income. it is reasonable to become more conservative for over time.

To me. what make a sustainable strategy. is not about forcing yourself to invest aggressively all the times, nor is it about postponing your purchase until conditions improve. It about making bitcoin a financial priority whenever your situation reasonably allows. While leaving yourself enough financial flexibility to handle unexpected events.

[G_Besar]

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

Only those who don't understand would still confuse the funds you are referring to, because investors who are knowledgeable and have extensive experience in various investments will certainly be able to distinguish between speculative funds and discretionary funds. Because smart investors never pool one fund to use for everything they want, but prefer to allocate it specifically before making any decisions. Therefore, such investors often separate each fund for different purposes.

And it's undeniable that everyone needs to do something like this when they become an investor, because in their daily lives, they'll inevitably spend money. Therefore, funds allocated for buying Bitcoin or investing in other instruments should be clearly not mixed with other funds. Mixing them will only make things more confusing.

[KeenanEl19]

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.

It's true what you said and I agree with that, apart from the benefits that can be obtained, we can learn discipline and commitment, which is certainly not bad for ourselves. Long-term investment is certainly a more appropriate choice than short-term and of course, as you said, we do not invest with the expectation of loss because indeed this has a profitable opportunity in the long run from a financial point of view.

I myself am still in the learning stage, especially to gain my own experience from what I do, and I do this hand in hand, so while investing I am also learning. There are challenges in itself especially when I experience problems that sometimes lead to the sale of bitcoin that I have but with full consideration I can make the best decision for me even here there are lessons learned for myself.

[Gallar]

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

I think you might be overcomplicating things a bit. The reason we refer to "discretionary funds" as the right money to put into Bitcoin is that they are essentially "cold" funds—money that isn't earmarked for any other purpose. That is why it is acceptable to risk them on a Bitcoin investment. While the term "speculative funds" might technically convey a similar meaning, it just doesn't sound quite right to me. Besides, "discretionary funds" is a term already widely used in this context, unlike "speculative funds."

I feel "discretionary funds" is clearly the more appropriate term for money suitable for investment. Labeling them as "speculative funds" creates a somewhat negative impression; even though the money is being used to buy an asset like Bitcoin, the investment itself isn't necessarily speculative, as we base our decisions on our own analysis. Ultimately, though, it is up to you—the most important thing is that the money invested in Bitcoin is "cold" capital that won't be needed for anything else.

[ruykeri]

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

I think you are confusing two different things here. I mean, holding motive and the fund an investor will invest in are two different things. Discretionary income , It is a part of personal finance. Discretionary fund is basically the extra money that a person has beyond all his expenses. He can invest with that fund, spend it or even keep it as savings, it is his personal decision. And in the case of investing in Bitcoin, investing with discretionary income is more logical. And speculative motive usually refers to holding cash to take an opportunity in the future. But this is not a replacement for discretionary funds. Rather, even if there is a speculative fund, it should come from the discretionary fund. It is not right to keep any necessary money as a speculative fund, even for any investment.

[Cgrexp]

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.

Did you actually think this  through before typing it here ? Or you just choose to be ignorant ? Saying folks should use reserve funds to accumulate Bitcoin agressively is very very irresponsible. Reserve or emergency fund is kept aside to settle unexpected expenses, not to expose it to a volatile asset like Bitcoin. It’ s also very wrong and misleading to say thatswe are "certain" the price will surely increase because of its past performance. No one can guarantee that, and history doesnt promise what comes next. Long term investing is about disciplined accumulation with discretionary income, and also understanding the risks…. not making aggressive moves base on the belief that future gains are guaranteed.

It’s like you don’t know that reserve funds and emergency funds are different from each other and they serve different purposes for investors even though both still fall under the category of back-up funds. Emergency funds is the money that is set aside to take care of any unexpected expenses that may occur during the course of our investment period.
Reserve funds on the other hand is the money that is set aside to take care of planned future expenses that a person believes is likely to happen; you see the difference now?. Certainly i don’t think it is bad thing if a person decides to keep reserve funds for the purpose of buying aggressively at a particular time that they may feel is appropriate for them to, as long their emergency funds is already in place and continues to be prioritized.

Auxiliary funds such as emergency funds and reserve funds provide us with a buffer so that we can avoid situations where we may have to use Bitcoin against our will. These auxiliary funds do not guarantee that our Bitcoin will be completely protected from all possible negative situations. We need to find different balances. Through which we can continuously buy Bitcoin and build and maintain our auxiliary fund. The likelihood of us using Bitcoin for 4-10 years or more decreases significantly, especially if we can predict some negative situations such as our income decreasing or expenses increasing. So we can adapt to the situation and continue to build the fund even though we may have some times when it is not as productive as other times. Sometimes we can also find opportunities through which we can increase our discretionary fund by increasing our income or reducing expenses. Some people have more complexities and family responsibilities in their lives. They find ways to deal with their complications. So that they can continue to build their Bitcoin and build and maintain a backup fund.

[BluebloodCXVI]

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

You seem to be getting caught up in semantics and all you have said doesn’t correlate with the points i made in my above post. I wasn’t talking about three motives for holding money and i certainly wasn’t talking about what the money used to buy bitcoin should be called. But since you have deviated, let me drop my own two cents on it.
We all know that discretionary funds is the primary money that investors typically use to buy bitcoin for investing after they must have sorted out their basic needs firsts so i don’t understand why you are over-complicating things by proclaiming it is speculative funds that is used to buy bitcoin and not discretionary funds.
Let me now address the point i was making earlier:
1. emergency fund is the money that is usually set aside to take care of unexpected expenses.
2. reserve funds is the money set aside intentionally to take care of a planned future use maybe like to buy more bitcoin during a market downturn.
Now, if you as a person decides to refer to reserve fund as a speculative fund just because it falls under a speculative motive for holding money, then that’s fine. But even though you change the label, it doesn’t change the principle that i was explaining earlier on. The important difference I’m just tryna make here is that you must not confuse the money that is meant for emergency purposes with the money that is reserved for future investment opportunities.

[Bluedrem]

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

Honestly, I did not understand your way of explaining.
Three purposes of keeping money? Yes, I am getting confused in this matter again and again. What do you actually mean by this?
Did you want to say something about the purpose of investment?
If so, then I would say that the purpose of investment is financial solvency in the future. That is, people cannot be active at every moment of their life. After a certain period of life, they lose their ability to work, so their income stops, and at that time, people mainly invest, that is, save with profit, to manage their life.
In that case, many people deposit fiat currency and the wise invest in decentralized Bitcoin where no third party has any hand over their savings and they can use their funds as they wish. And those who deposit fiat lose their real purchasing power with their money due to inflation.
So, save at the moment when you could have worked so that you do not face financial difficulties later.
In that case, you can invest in Bitcoin for the long term.

[Gost ms]

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock. So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

Your comment is very vague and I still don't understand what you mean. If you are talking about dividing your income into three parts, then maybe it is not the right decision at all. Because our emergency fund is made from our discretionary fund and that is the right decision. It is never the right decision to set aside money for discretionary income from our income. The amount of money that remains after deducting all our expenses is our discretionary income. If you calculate discretionary income before deducting all our expenses, then maybe this amount of money may contain the necessary amount of money which can be harmful for your investment.

Our discretionary income can be divided into three parts. For example, a part for investment, a part for extra expenses and a part for emergency fund. However, how much money you use in which part is completely your personal decision.

[Muba20]

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.

Did you actually think this  through before typing it here ? Or you just choose to be ignorant ? Saying folks should use reserve funds to accumulate Bitcoin agressively is very very irresponsible. Reserve or emergency fund is kept aside to settle unexpected expenses, not to expose it to a volatile asset like Bitcoin. It’ s also very wrong and misleading to say thatswe are "certain" the price will surely increase because of its past performance. No one can guarantee that, and history doesnt promise what comes next. Long term investing is about disciplined accumulation with discretionary income, and also understanding the risks…. not making aggressive moves base on the belief that future gains are guaranteed.

You have confused the two things reserve fund and emergency fund. If someone uses his emergency fund to be aggressive, then it is definitely wrong. Because later when a real emergency situation arises, he may be forced to sell less. But if someone wants to be aggressive with the reserve fund in his hand along with continuing regular DCA, then I do not see anything wrong here. One-time purchase method is one of the three methods of investment. If someone has reserve fund in his hand, he can make a one-time purchase, there is no problem in it, rather it can strengthen his savings. But he needs to understand whether the money he made a one-time purchase was actually reserve fund.

[ASloveapg]

Long-term investing in Bitcoin is almost certainly more profitable. Your assumption that you will maintain Bitcoin in accordance with the initial investors' plan is right, but you will not be able to benefit in the same proportion as they will. Because previous investors have made a profit, but if you invest today, you will not be able to profit from it. You can only be profitable if you keep your Bitcoin investment for as long as anticipated.

If Bitcoin is long-term enough and its price continues to rise, you can benefit. Furthermore, if you invest in Bitcoin with the expectation of gaining benefits, you may be impatient; therefore, you can be Rahman by patiently holding your Bitcoin investment for an extended period of time. This plan should guide our future actions.

We are not even guarantee to be profitable from our bitcoin investment even though we hold for long we can only say that bitcoin has been been benefiting long time holders still we are not guarantee of it, this is why we should invest from our discretionary income so what ever be the outcome at the end will be accepted be it profitable or not you already know that you invested with your discretionary income and not money for your basic needs.

The success of Bitcoin is uncertain, in any investment we never get 100% guarantee of success, and in the case of Bitcoin it is no different, the potential of Bitcoin is very good in the long term, but no one can give guarantees. And as a real investor, we have to continue investing based on this possibility. A real investor takes the risk of this uncertainty and then invests with faith in the possible future of Bitcoin. But in the end, we must accept the reality that we will not get guarantees in anything.

[Merit.s]

I myself am still in the learning stage, especially to gain my own experience from what I do, and I do this hand in hand, so while investing I am also learning. There are challenges in itself especially when I experience problems that sometimes lead to the sale of bitcoin that I have but with full consideration I can make the best decision for me even here there are lessons learned for myself.

I think the reason why you do sell part of your bitcoin to take care of problems when they befall on you is because you don't have an emergency funds or you are investing beyond your discretionary income. A long-term bitcoin investor needs to set up his emergency funds as he has started his bitcoin investment. He can do it simultaneously with growing his bitcoin investment at the same time. This is because it's your emergency funds that will save you from selling your bitcoin when you are hit with real life emergency.

Also don't, use all your discretionary income to buy bitcoin, use 33.3% of it which is 1/3 of your discretionary income to DCA regularly every week and use the same amount to build your emergency funds till it has reached at least three months of your monthly expenses. While the last 33.3% should be for you discretionary consumption. We learn every day to become better tomorrow from people or from our mistakes.

Reserve funds on the other hand is the money that is set aside to take care of planned future expenses that a person believes is likely to happen; you see the difference now?. Certainly i don’t think it is bad thing if a person decides to keep reserve funds for the purpose of buying aggressively at a particular time that they may feel is appropriate for them to, as long their emergency funds is already in place and continues to be prioritized.

In addition to what you said, reserve funds is more flexible than emergency funds that's, it can serve for so many purposes compared to your emergency funds that you don't touch and only your when you're hit with real life emergency. Uses of reserve funds are as follows:

You can use it first to solve any unforeseen circumstances that played out before using your emergency funds if it's not enough.

You can use reserve funds to buy bitcoin during the dip that may come or not.

You can use it to go out on an expensive dinner or buy a bike for your lad.

[Odohu]

There are three motives for holding money and emergency fund and descretionary fund is not mentioned..(1)  Transaction motive: this is to carry out day to day financial activities before your payday (2) Precautionary motive: this is used for unforseen circumstances (3) speculative motive: this is for asset buying, targeting the market indices for investment and buying of market stock.

We are not interested in this your epistle that end up confusing us rather than helping anybody. What we are discussing here is how to invest and hold Bitcoin because we know that holding Bitcoin is a good thing to do now given the advantage Bitcoin have over many other forms of investments. Other things we discuss here are things that will help us acquire and hold Bitcoin better and not be under any pressure to sell when we do not plan to do that. That is where investing with the discretionary income and setting up emergency funds come in. Your plan to change the wordings will only confuse everyone and that is not helpful.

So instead of descretionary fund it is speculative fund you used to buy Bitcoin. We mistake speculative fund for descretionary fund.

The right word is discretionary income which is what is left after you have removed money for your basic needs. You don't have to invest all of it into Bitcoin because from there you are to safe emergency funds and other forms of funds that can serve different purposes in the investment process.

[ASloveapg]

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.

Investing in Bitcoin with a DCA that can be adjusted to a person’s level of Bitcoin knowledge and comfort level. So many people can probably come up with some kind of DCA system that fits their comfort level and income level. No one should try to invest aggressively in Bitcoin unless they are willing to spend more time focusing on their cash flow and perhaps Bitcoin itself. The level of aggressiveness should be more related to cash flow than to short- to medium-term price movements of Bitcoin. Each of us needs to come to an assessment of our own priorities. How aggressive are we prepared to be in our Bitcoin accumulation journey .