Buy Buy Buy or Sell Sell Sell?

[Futurexxx]

If you have to borrow money to buy Bitcoin, it means you are not yet able to invest. The Bitcoin market isn't going away, and its value isn't discounted just for today. It's better to be late than to enter with hot money and then be forced to sell at a low price.

Taking a loan to invest in Bitcoin when you are an experience investor seems logical if you have another means of repaying back the loan, but if you are a newbie that is just starting his or her Bitcoin investment, it's absolutely wrong to be starting with a loan money because your lack of experience will be very costly, unlike an experience Bitcoin investor that decided to take a loan to front load his investment when he is sure that he can pay back from another source.
So I agree with your sentiment that if you want to borrow money to start your Bitcoin investment, then it's clear that such person is not ready yet, instead he should try to figure out his discretionary income to start with.

[SOKO-DEKE]

If you have to borrow money to buy Bitcoin, it means you are not yet able to invest. The Bitcoin market isn't going away, and its value isn't discounted just for today. It's better to be late than to enter with hot money and then be forced to sell at a low price.

Taking a loan to invest in Bitcoin when you are an experience investor seems logical if you have another means of repaying back the loan, but if you are a newbie that is just starting his or her Bitcoin investment, it's absolutely wrong to be starting with a loan money because your lack of experience will be very costly, unlike an experience Bitcoin investor that decided to take a loan to front load his investment when he is sure that he can pay back from another source.
So I agree with your sentiment that if you want to borrow money to start your Bitcoin investment, then it's clear that such person is not ready yet, instead he should try to figure out his discretionary income to start with.

I don't know why you are saying that it is wrong for newbies to take a loan to invest in Bitcoin, despite having the means to pay it back. The reason I always say that newbies should avoid taking a loan to invest in Bitcoin is only when they do not have the means to repay it. The same also applies to experienced investors.The ability to repay the loan is the main issue anyone should consider before investing borrowed funds in Bitcoin. Another thing is that anyone who takes a loan to invest in Bitcoin should invest only the amount they can treat as discretionary funds. For example, if someone is expecting to receive $500, they should carefully calculate how much of that amount can realistically be considered discretionary before investing.

If someone uses only the appropriate amount to invest in Bitcoin, they are less likely to become so financially pressured that they are forced to sell. Although it is generally not advisable to take a loan to invest in Bitcoin, certain circumstances may lead someone to do so. In such cases, the decision is not necessarily wrong, provided they have a reliable means of repaying the loan and are fully aware of the risks involved.

[Frankolala]

Another thing is that anyone who takes a loan to invest in Bitcoin should invest only the amount they can treat as discretionary funds. For example, if someone is expecting to receive $500, they should carefully calculate how much of that amount can realistically be considered discretionary before investing.

Since loan isn't a discretionary income, a new investor shouldn't start his bitcoin investment with loan in order not to complicate his financial situation and land himself into big problem that will lead to him not being able to pay back the loan after even liquidating his bitcoin investment to pay the loan. This is because he's new and hasn't really figured out his discretionary income and how much from his discretionary income he can use to invest into bitcoin comfortably.

He hasn't really studied his cash inflow to know if he has a discretionary income or not. What if he takes a loan to start his bitcoin investment and his income has no discretionary income is that not going to be a big disaster on him financially.

 This is why only discretionary income is what a new investor should use to start his bitcoin investment in the beginning because he has a lot to learn about his cash inflow management to enable him buy bitcoin consistent and persistent with DCA irrespective the amount of his discretionary income because it's consistency that matters and not rushing to buy with large amount and later sell in regret when you have choked yourself financially.

[Different patterns]

[edited out]

Knowing about Bitcoin and believing it's worth investing in are two different things individuals financial situation , risk tolerance and priorities all influence whether decided to buy. Awareness doesn't automatically lead to convinction, everybody is comfortable taking the same level it is easy to assume that people just don't understand Bitcoin, but many do and simply arrive at different conclusions sometimes the biggest barrier isn't knowledge it's uncertainty . Even some people who understands Bitcoin may choose to wait or invest elsewhere and that's a personal decision.

It is hard to blame people for their lack of effort to try to learn about bitcoin, since everyone has a choice whether to "look into bitcoin" further or to just accept their first impressions of bitcoin, and so in that regard, there are a lot of people who presume that they know more about bitcoin than they actually do, and so based on their ignorance and their incorrect knowledge they fail/refuse to take any actions to at least get started buying bitcoin, even when they may well have plenty of discretionary funds that would qualify them to both getting started and looking into it further.

Exactly, everyone has a freedom of choosing whether they want to learn about bitcoin or ignore it, and one of the problem that they do not know is that many people form the opinion after hearing the headline, common misconception or social media post. They believe they already understand  or know about bitcoin, when in reality they have not even take the time to study it properly, because of that they miss opportunity to get started,no one needs to go right from day one. The simple way is to start with little amount they can be comfortable with while still continuing with learning, sometimes the problem is not really the lack of funds, is lack of willingness to question first.

[Salahmu]

Taking a loan to invest in Bitcoin when you are an experience investor seems logical if you have another means of repaying back the loan, but if you are a newbie that is just starting his or her Bitcoin investment, it's absolutely wrong to be starting with a loan money because your lack of experience will be very costly, unlike an experience Bitcoin investor that decided to take a loan to front load his investment when he is sure that he can pay back from another source.
So I agree with your sentiment that if you want to borrow money to start your Bitcoin investment, then it's clear that such person is not ready yet, instead he should try to figure out his discretionary income to start with.

I don't know why you are saying that it is wrong for newbies to take a loan to invest in Bitcoin, despite having the means to pay it back. The reason I always say that newbies should avoid taking a loan to invest in Bitcoin is only when they do not have the means to repay it. The same also applies to experienced investors.The ability to repay the loan is the main issue anyone should consider before investing borrowed funds in Bitcoin. Another thing is that anyone who takes a loan to invest in Bitcoin should invest only the amount they can treat as discretionary funds. For example, if someone is expecting to receive $500, they should carefully calculate how much of that amount can realistically be considered discretionary before investing.

Yeah what you said is true because borrowing with finance to give back the money in the next day is the same as already having the money to invest in Bitcoin so even if the person is a newbie or someone who has started earlier it doesn't matter since it could be paid back, because it wasn't an experience that would settle the debts, and however up till now I could still see that there are people who still think that if someone invested in Bitcoin when they have not really been taught or study anything about Bitcoin will be losing that money because I have understood this point from most impressions when they are saying what newbie should not do.

[Renampun]

Sure, holding for a long term is about having a good mindset. Using the DCA method doesn’t mean you will be able to hold for a long term, many investors fail to hold when the market goes down despite the fact that they are investing with DCA. So DCA does not determine our success in Bitcoin, you need to have discretionary funds to be able to stay consistent with our accumulation, and avoid any unnecessary risks.

That's why conviction is so important in my opinion because without a strong conviction, it will be easier for someone to sell when the market is bearish even when they use DCA in their investment.. because they don't have a strong conviction, they still have the potential to stop buying or even sell their assets because of fear and want to secure their money. that's why conviction is important in my opinion when we invest, whether it's with DCA or other strategies, because in the end, all investment methods still require discipline and conviction that is formed from good understanding.. without it, it will be easier for someone to make the wrong decision.

[Sunshine1525]

Sure, holding for a long term is about having a good mindset. Using the DCA method doesn’t mean you will be able to hold for a long term, many investors fail to hold when the market goes down despite the fact that they are investing with DCA. So DCA does not determine our success in Bitcoin, you need to have discretionary funds to be able to stay consistent with our accumulation, and avoid any unnecessary risks.

That's why conviction is so important in my opinion because without a strong conviction, it will be easier for someone to sell when the market is bearish even when they use DCA in their investment.. because they don't have a strong conviction, they still have the potential to stop buying or even sell their assets because of fear and want to secure their money. that's why conviction is important in my opinion when we invest, whether it's with DCA or other strategies, because in the end, all investment methods still require discipline and conviction that is formed from good understanding.. without it, it will be easier for someone to make the wrong decision.

Bitcoin investment is never for the weak minded, it's for believers of the coin who are committed to long term holding regardless of the situation of the market and with a believe that what they invest into it would yield better returns as they hold longer, it's not for those who doubt or those who don't trust the process of holding longer.

Asides chasing quick returns, why people people easily get decieved by the downtrend fluctuation is because they have doubt that it would recover but Bitcoin always prove doubters wrong cause the people who hold it longer are mostly used an example to encourage people towards having "strong conviction". Let's not go far, Satoshi is an instance being used to encourage people towards long term holding, he's never sold and has benefited from the act.

[Hardyrobust]

Sure, holding for a long term is about having a good mindset. Using the DCA method doesn’t mean you will be able to hold for a long term, many investors fail to hold when the market goes down despite the fact that they are investing with DCA. So DCA does not determine our success in Bitcoin, you need to have discretionary funds to be able to stay consistent with our accumulation, and avoid any unnecessary risks.

That's why conviction is so important in my opinion because without a strong conviction, it will be easier for someone to sell when the market is bearish even when they use DCA in their investment.. because they don't have a strong conviction, they still have the potential to stop buying or even sell their assets because of fear and want to secure their money. that's why conviction is important in my opinion when we invest, whether it's with DCA or other strategies, because in the end, all investment methods still require discipline and conviction that is formed from good understanding.. without it, it will be easier for someone to make the wrong decision.

using a particular strategy like DCA strategy doesn't mean that holding for long term is certain. It is not everyone that used DCA strategy were able to hold for long . There are people that are doing DCA but still end up selling when they are still on the accumulation phase. So there is no strategy that makes an investor long term holder if the conviction and the patient to hold bitcoin for a long isn't there. The fact that the DCA strategy is considered to be a good strategy for buying bitcoin doesn't mean that anyone that is using it is sure to hold bitcoin for a long term even when they lack patience and low risk tolerance.

[BluebloodCXVI]

Truth is that whatever difficulty that current investors are experiencing in the form of fear of buying at certain price or having to wait through a DIP that seams to be going on for a long time are similar situation that past investors have faced and for some of them, they have never seen bitcoin recovering the way we have seen it do and so, it is even better to assume that we are in a better time to stay invested in bitcoin than earlier bitcoin investors and that is why it is not right to always think that anyone that comes into bitcoin earlier than you had one advantage that you do not have.

At every time you get involved in bitcoin, there are challenges that are peculiar with that time. it is up to you to sell at loss because of your lack pf discipline and because of your fear or that you will use the DIP as an opportunity to stack more bitcoin and become better prepared for days of harvest when you must have reached your investment goal.

If every period in bitcoin has it’s unique challenges, wouldn’t every period also still have it’s unique advantages too? Why do you assume that we the present day investors are in a better position than the oldies simply because they have seen previous recoveries of bitcoin?
Certainly every group of investors have had their own fair share of advantages and challenges in their bitcoin journey. The early investors had to deal with a lot more uncertainty because they had no history to look back on, but they also got the opportunity to buy bitcoin at prices that we the present day investors may probably never see again. The reason why we present day investors have more confidence is because we have seen bitcoin’s track record but we are also paying the price of having to buy bitcoin at a much higher amount just to be able to get in. At the end of the day, the truth still remains that every bitcoin investor has to earn their conviction because the bitcoin market will always test their patience regardless of whether you’re buying bitcoin at $100 or $100000. What matters most is having the discipline to stick to your plan even when the going gets tough.

[Showlove01]

Sure, holding for a long term is about having a good mindset. Using the DCA method doesn’t mean you will be able to hold for a long term, many investors fail to hold when the market goes down despite the fact that they are investing with DCA. So DCA does not determine our success in Bitcoin, you need to have discretionary funds to be able to stay consistent with our accumulation, and avoid any unnecessary risks.

That's why conviction is so important in my opinion because without a strong conviction, it will be easier for someone to sell when the market is bearish even when they use DCA in their investment.. because they don't have a strong conviction, they still have the potential to stop buying or even sell their assets because of fear and want to secure their money. that's why conviction is important in my opinion when we invest, whether it's with DCA or other strategies, because in the end, all investment methods still require discipline and conviction that is formed from good understanding.. without it, it will be easier for someone to make the wrong decision.

I would agree that we need conviction but you are making it to look like trading because it is only in trading someone will need this kind of conviction you are talking about and I believe before anyone would start a Bitcoin Investment, they should be convinced already that no matter what they will hold for as long as possible provided they are using their discretionary income to accumulate and with your discretionary income you don't need any conviction to hold during bearish because it's what you must do as an investor.

[Jewan420]

using a particular strategy like DCA strategy doesn't mean that holding for long term is certain. It is not everyone that used DCA strategy were able to hold for long . There are people that are doing DCA but still end up selling when they are still on the accumulation phase. So there is no strategy that makes an investor long term holder if the conviction and the patient to hold bitcoin for a long isn't there. The fact that the DCA strategy is considered to be a good strategy for buying bitcoin doesn't mean that anyone that is using it is sure to hold bitcoin for a long term even when they lack patience and low risk tolerance.

Buying strategy and maintenance strategy in investment are not the same. Both have different functions. No buying strategy can play an effective role in the long term in investment, but rather provides benefits on your purchase, in this case I think the DCA strategy is the most effective strategy.

But in terms of retention, it is important to know the fund maintenance strategy. Such as financial management knowledge, risk management knowledge and investment management knowledge. We often confuse this issue, many people think that DCA is one of the strategies to be successful in the long term, which is a misconception. We need to understand the difference between investment strategy and maintenance strategy and understand the use.

[AmaGold70]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Some investors prefer bitcoin investment more when the market dumps, though no time is actually wrong to invest in Bitcoin more especially as a long term investor, but I think taking advantage of the market dumps can be more profitable. In Bitcoin investing, the most profit can be made on the long run, and that is to say,  if you buy your bitcoin today, and you are able to hold it till the next bull season, your profit is definitely going to be massive. However , every Bitcoin investor have their investment goal, and can make investors selling period differ . While some investors will be targeting little profit to sell their bitcoin, some will be willing to hold for a decade, while some investors will even hold for more than a decade, but at this point when you sell, is going to be a life changing profit.

[Crytohillss]

Truth is that whatever difficulty that current investors are experiencing in the form of fear of buying at certain price or having to wait through a DIP that seams to be going on for a long time are similar situation that past investors have faced and for some of them, they have never seen bitcoin recovering the way we have seen it do and so, it is even better to assume that we are in a better time to stay invested in bitcoin than earlier bitcoin investors and that is why it is not right to always think that anyone that comes into bitcoin earlier than you had one advantage that you do not have.

At every time you get involved in bitcoin, there are challenges that are peculiar with that time. it is up to you to sell at loss because of your lack pf discipline and because of your fear or that you will use the DIP as an opportunity to stack more bitcoin and become better prepared for days of harvest when you must have reached your investment goal.

If every period in bitcoin has it’s unique challenges, wouldn’t every period also still have it’s unique advantages too? Why do you assume that we the present day investors are in a better position than the oldies simply because they have seen previous recoveries of bitcoin?
Certainly every group of investors have had their own fair share of advantages and challenges in their bitcoin journey. The early investors had to deal with a lot more uncertainty because they had no history to look back on, but they also got the opportunity to buy bitcoin at prices that we the present day investors may probably never see again. The reason why we present day investors have more confidence is because we have seen bitcoin’s track record but we are also paying the price of having to buy bitcoin at a much higher amount just to be able to get in. At the end of the day, the truth still remains that every bitcoin investor has to earn their conviction because the bitcoin market will always test their patience regardless of whether you’re buying bitcoin at $100 or $100000. What matters most is having the discipline to stick to your plan even when the going gets tough.

Every generation of Bitcoin investors has faced different set of challenges and opportunities , conviction isn't handed to anyone it's built through experience, patience and sticking to one's strategy when emotions are running high. every era  comes with its own trade offs early investors had uncertainty while today's investors have higher entry prices level in the end discipline is what separates Long term winners from everyone else.

[PhilosopherKing]

but I think taking advantage of the market dumps can be more profitable.

investor should not be having business timing the market to know when it is profitable to buy.

A investor should just get the fuck started at any price it is in the market and just ongoingly invest for a long time period that goes far beyond four year. There is always time for everything. There is time to invest and later there is the time to begin to think about profit. Being obsessed with profits when you are supposed to be ongoingly investing can cause person to sell their investments before reaching their timeline

but at this point when you sell, is going to be a life changing profit.

Are you for real? Man it is very dumb for person to sell now, when they are supposed to be ongoingly accumulating and building up their stash.

[avp2306]

Truth is that whatever difficulty that current investors are experiencing in the form of fear of buying at certain price or having to wait through a DIP that seams to be going on for a long time are similar situation that past investors have faced and for some of them, they have never seen bitcoin recovering the way we have seen it do and so, it is even better to assume that we are in a better time to stay invested in bitcoin than earlier bitcoin investors and that is why it is not right to always think that anyone that comes into bitcoin earlier than you had one advantage that you do not have.

At every time you get involved in bitcoin, there are challenges that are peculiar with that time. it is up to you to sell at loss because of your lack pf discipline and because of your fear or that you will use the DIP as an opportunity to stack more bitcoin and become better prepared for days of harvest when you must have reached your investment goal.

If every period in bitcoin has it’s unique challenges, wouldn’t every period also still have it’s unique advantages too? Why do you assume that we the present day investors are in a better position than the oldies simply because they have seen previous recoveries of bitcoin?
Certainly every group of investors have had their own fair share of advantages and challenges in their bitcoin journey. The early investors had to deal with a lot more uncertainty because they had no history to look back on, but they also got the opportunity to buy bitcoin at prices that we the present day investors may probably never see again. The reason why we present day investors have more confidence is because we have seen bitcoin’s track record but we are also paying the price of having to buy bitcoin at a much higher amount just to be able to get in. At the end of the day, the truth still remains that every bitcoin investor has to earn their conviction because the bitcoin market will always test their patience regardless of whether you’re buying bitcoin at $100 or $100000. What matters most is having the discipline to stick to your plan even when the going gets tough.

I agree Because in every era there are lots of those things we can say advantages and challenges. So with that we cannot really say that there are set of peoples have good position, maybe people only think about low prices but we could look up before that lots of uncertain matters before because everything is questionable since adoption rate is so low and Bitcoin is also unknown at that time. While if we look at current situation these days Bitcoin is well recognize, although the price entry of Bitcoin is expensive compare before. But the great advantage now is people have lots of data's to read and they could learn from those situations happen in the past.
 
But what actually matter here is people could still decide to go long term and build then follow those disciplines they try to implement, since there's always challenges for investors whatever prices shows in the market. What matters the most is the investor have plans to stick with strategy and disciplines they tried to follow.

[JayJuanGee]

[edited out]

Knowing about Bitcoin and believing it's worth investing in are two different things individuals financial situation , risk tolerance and priorities all influence whether decided to buy. Awareness doesn't automatically lead to convinction, everybody is comfortable taking the same level it is easy to assume that people just don't understand Bitcoin, but many do and simply arrive at different conclusions sometimes the biggest barrier isn't knowledge it's uncertainty . Even some people who understands Bitcoin may choose to wait or invest elsewhere and that's a personal decision.

It is hard to blame people for their lack of effort to try to learn about bitcoin, since everyone has a choice whether to "look into bitcoin" further or to just accept their first impressions of bitcoin, and so in that regard, there are a lot of people who presume that they know more about bitcoin than they actually do, and so based on their ignorance and their incorrect knowledge they fail/refuse to take any actions to at least get started buying bitcoin, even when they may well have plenty of discretionary funds that would qualify them to both getting started and looking into it further.

Exactly, everyone has a freedom of choosing whether they want to learn about bitcoin or ignore it, and one of the problem that they do not know is that many people form the opinion after hearing the headline, common misconception or social media post. They believe they already understand  or know about bitcoin, when in reality they have not even take the time to study it properly, because of that they miss opportunity to get started,no one needs to go right from day one. The simple way is to start with little amount they can be comfortable with while still continuing with learning, sometimes the problem is not really the lack of funds, is lack of willingness to question first.

There are advantages with critical thinking, humbleness and willing to learn, and starting out as long as they have discretionary funds.  Of course, they might need to figure out how much to start with, yet most people should already have the skills to figure out balances, even though they may need to practice, start out slowly and then adapt their starting out level to their comfort level. 

Some folks have absolutely no experience in investing and/or money management, and other people already have some skills and experiences, so their own assessment of their skills and experiences should help them to figure out starting out size, and let's say that a newbie for sure knows that he has $100 per week that he can use to buy bitcoin, yet maybe based on his being new, he purposefully chooses to start out his investment level at $30 per week until he becomes more comfortable to potentially increase the amount to higher levels as his comfort becomes greater.

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Some investors prefer bitcoin investment more when the market dumps, though no time is actually wrong to invest in Bitcoin more especially as a long term investor, but I think taking advantage of the market dumps can be more profitable.

That is because you don't know what you are doing, and you think that you are smarter than you are.

If you are an actual investor rather than a trader, then it is likely better to establish an investment strategy that is 4-10 years or longer, and many times longer than 10 years unless you have some age or health consideration that does not allow you to commit for 10 years or longer.

It takes a long time to build up a bitcoin holdings, and likely more than 1-2 cycles, and most guys who are ongoingly accumulating bitcoin are likely to do better than guys fucking around with trading or employing waiting strategies, which are more whimpy than ongoing buying strategies, yet of course, you can do whatever you like, even dumb shit..

In Bitcoin investing, the most profit can be made on the long run, and that is to say,  if you buy your bitcoin today, and you are able to hold it till the next bull season,

That is not "long term."  You are just playing the cycles.  You are calling yourself an investor, but you are talking about trading. Why don't you just call yourself a trader rather than trying to proclaim that you are an investor?

your profit is definitely going to be massive.

Traders do not tend to do better than investors, especially if there is a longer timeline, such as greater than 2 cycles.. . but you can believe what you like.

However , every Bitcoin investor have their investment goal, and can make investors selling period differ . While some investors will be targeting little profit to sell their bitcoin, some will be willing to hold for a decade, while some investors will even hold for more than a decade, but at this point when you sell, is going to be a life changing profit.

Profits are not guaranteed, and you want to call anyone an investor as long as they hold for more than a year? or what is your cut off for trader versus investor, and when they sell are they selling to buy back lower or maybe they are selling because they identified a level of profits that makes them happy to be able to use the money to buy whatever consumption goods that they want to buy?

By the way, you have ONLY been registered here for a bit over 2 years, and so have you been buying and selling the whole time?  Does not seems to be a long enough period to really build up a decently good sized bitcoin holdings.  Maybe you got into bitcoin prior to your forum registration date?

[edited out]

Every generation of Bitcoin investors has faced different set of challenges and opportunities , conviction isn't handed to anyone it's built through experience, patience and sticking to one's strategy when emotions are running high. every era  comes with its own trade offs early investors had uncertainty while today's investors have higher entry prices level in the end discipline is what separates Long term winners from everyone else.

Sure it could be discipline, since it can be difficult to both build up a bitcoin holdings and then to have some ideas about how to treat the bitcoin holdings when it starts to get larger.  There are likely variations in "winning" status, since some guys might have had engaged in bad practices (such as engaging in shitcoining and/or trading (gambling), but they still might have had done well based on timing and perhaps luck.  Of course, the longer the period, the more difficulties in being able to sustain good practices for guys who are trading, yet many guys who might have had been ongoingly accumulating bitcoin for a couple of cycles might transition into a maintenance status and then later into something that might be liquidation status or sustainable withdrawal status.

There are some guys who proclaim themselves to be successful, yet they may have had sold large portions of their bitcoin, so then there might still be questions about if they are still bitcoiners based on how much bitcoin that they might have had chosen to continue to hang onto.

but I think taking advantage of the market dumps can be more profitable.

investor should not be having business timing the market to know when it is profitable to buy.
A investor should just get the fuck started at any price it is in the market and just ongoingly invest for a long time period that goes far beyond four year. There is always time for everything. There is time to invest and later there is the time to begin to think about profit. Being obsessed with profits when you are supposed to be ongoingly investing can cause person to sell their investments before reaching their timeline

but at this point when you sell, is going to be a life changing profit.

Are you for real? Man it is very dumb for person to sell now, when they are supposed to be ongoingly accumulating and building up their stash.

I doubt that AmaGold70 is talking about selling now, but instead selling at a point that the price goes up and even accepting that "different people have different sell points," even though he seems a bit unable to distinguish between trading and investing.

[Jody.Drummer]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Some investors prefer bitcoin investment more when the market dumps, though no time is actually wrong to invest in Bitcoin more especially as a long term investor, but I think taking advantage of the market dumps can be more profitable. In Bitcoin investing, the most profit can be made on the long run, and that is to say,  if you buy your bitcoin today, and you are able to hold it till the next bull season, your profit is definitely going to be massive. However , every Bitcoin investor have their investment goal, and can make investors selling period differ . While some investors will be targeting little profit to sell their bitcoin, some will be willing to hold for a decade, while some investors will even hold for more than a decade, but at this point when you sell, is going to be a life changing profit.

We do not know what will happen in the future, but investors should just invest without looking at the price or waiting for the price to go down this can be done using the DCA strategy. And by this you mean, like we buy when the price goes down and sell when the price goes up then what will be done after that? what about waiting for the price to go down again to go back up again and hold it again until the season rises again then as it continues?. In my opinion when we invest should not focus on profits, but better focus on cash flow or funds that must be accumulated for this investment besides that there is no need to monitor prices often, the fear is that this can affect our emotions when we see the price go down with the other side of the investment that we do this makes us panic because the price is falling and raises the thought of selling for fear of further falling in price.

[ruykeri]

We do not know what will happen in the future, but investors should just invest without looking at the price or waiting for the price to go down this can be done using the DCA strategy. And by this you mean, like we buy when the price goes down and sell when the price goes up then what will be done after that? what about waiting for the price to go down again to go back up again and hold it again until the season rises again then as it continues?. In my opinion when we invest should not focus on profits, but better focus on cash flow or funds that must be accumulated for this investment besides that there is no need to monitor prices often, the fear is that this can affect our emotions when we see the price go down with the other side of the investment that we do this makes us panic because the price is falling and raises the thought of selling for fear of further falling in price.

People sometimes do not understand which aspect should be given more importance according to the time while investing. For example, when an investor starts with the intention of investing for a long time, then for a minimum of 4 years he should focus only on investing continuously. During this time, if he thinks about profit or his mindset of investing in bitcoin for a long time weakens after looking at the chart repeatedly, then he should stay away from such activities. While an investor is in the accumulation stage, he should always think about how to maintain the continuity of DCA and how to adjust the investment in bitcoin according to income. At that time, it is not right to think about more profit. Even waiting to buy in a dip or investing overly aggressively with a backup fund . The main point is that it is not right to take any decision based on short-time price movement during the investment.

After this, when the accumulation stage is completed, an investor can take profit from Bitcoin investment according to his financial condition. It should be remembered that Bitcoin is not a digital asset to profit by investing in the short term. It gives people long-term financial security. Which works against the prevailing economic situation and inflation in the world. those who invest in the long term take the short-time price movement as an opportunity and think about the future. For this, one should invest in Bitcoin according to the proper mindset by doing proper fund management.

[Charcol]

The ability to repay the loan is the main issue anyone should consider before investing borrowed funds in Bitcoin.

You are probably trying to make the ability to repay the loan the main issue. Having the ability to repay the loan does not make it a safe investment. Because you may feel at this moment that if you invest with a loan now, you will be able to repay the loan in the future, but you do not know what awaits you in the future. You should not forget that the loan installment is mandatory, on the other hand, the price of Bitcoin may not move according to a certain rule or according to your expectations. I am not saying that investing with a loan is bad in all cases. Rather, I want to say that Bitcoin will give us opportunities for many decades, so it is probably not a good idea to think that you have to invest with a loan now, without considering your financial situation.

anyone who takes a loan to invest in Bitcoin should invest only the amount they can treat as discretionary funds.

A loan is not discretionary income, but it can create a liability on your future income. Discretionary income refers to money that is outside of normal expenses, debts, and mandatory obligations. And you cannot know for sure what percentage of your income will be considered discretionary income in the near future. This is because your income, expenses, and obligations will not always be the same.