Buy Buy Buy or Sell Sell Sell?

[Joeboy]

Holding doesn't mean ignoring the the perfect entry butbdi does mean having a clear plan and not making emotional decisions every time the price dips everyone strategy is different but discipline is what usually make the whole difference.i like the point you gave on having defined objective, without one, it's easy to get distracted by short term price movement.

Crytohillss there is no such thing as a perfect entry, where are you even getting such an idea from.. If there was then it would have been very easy for folks to just wait, then time the market  to make easy profit.. Moreso, holding is about accumulating and then keeping your Bitcoin for longer term durations, and why doing so it would obviously make no sense to then start involving yourself with the perfect entry.. Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

[Rabata]

Which strategy did you say the dude cut off and it is lucrative you mean " buy the Dip" ?  I would not want to argue with you but you should know that it can only be lucrative for those who has gotten a lot of Bitcoin stash before now  or those who has gotten to overaccumulation stage because they don't have to bother about anything but as for a newbie or beginner, the buy Dip method is never a lucrative strategy to start with because it will delay or sometime make you lose interest, so the DCA is the best.

Buying the dip may seem perfect in theory, but let me tell you, it is something that works only for whale accounts or people who have built an enormous Bitcoin pile up over the years. For them, it is not hard at all they can just wait for the crash and buy even more with ease.

But when it comes to a newcomer, it is totally wrong advice to give them. They would definitely lose their psychological game trying to time the market because it will only make them watch as prices fluctuate, and they will eventually lose all interest in crypto or sell in panic.

This is exactly why DCA is such a perfect strategy to adopt. It takes all the emotions away from you. Just buy a certain amount of coins every month and average the prices.

You have made the only determination of the suitability of the strategy by just the capital sky which may not be realistic. Because money management is more important than the size of the capital. Even if someone is a new investor, he can still buy some extra in the fall if he determines in advance how much he will use beyond the regular buying money. While buying extra, he has to consider his cash flow, discretionary income, emergency fund. But if someone thinks that every fall is minimal and spends all his money or invests the necessary money, then he may be forced to sell. And this mistake can be made by both small and large investors.

[gracreavix]

Holding doesn't mean ignoring the the perfect entry butbdi does mean having a clear plan and not making emotional decisions every time the price dips everyone strategy is different but discipline is what usually make the whole difference.i like the point you gave on having defined objective, without one, it's easy to get distracted by short term price movement.

Crytohillss there is no such thing as a perfect entry, where are you even getting such an idea from.. If there was then it would have been very easy for folks to just wait, then time the market  to make easy profit.. Moreso, holding is about accumulating and then keeping your Bitcoin for longer term durations, and why doing so it would obviously make no sense to then start involving yourself with the perfect entry.. Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

I agree with you, how can you be looking for a perfect entry. First of, that's enemies lane. Are you an investor or a trader? That term is used by traders more. What we talking about more here is how to invest in Bitcoin. That's the whole essence of this forum. To educate and show you how to invest in bitcoin. No such things as perfect entry.

[Solokan]

Holding doesn't mean ignoring the the perfect entry butbdi does mean having a clear plan and not making emotional decisions every time the price dips everyone strategy is different but discipline is what usually make the whole difference.i like the point you gave on having defined objective, without one, it's easy to get distracted by short term price movement.

Crytohillss there is no such thing as a perfect entry, where are you even getting such an idea from.. If there was then it would have been very easy for folks to just wait, then time the market  to make easy profit.. Moreso, holding is about accumulating and then keeping your Bitcoin for longer term durations, and why doing so it would obviously make no sense to then start involving yourself with the perfect entry.. Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

Yes, investing in BTC is certainly not trading, so there's no need to wait for the right time to buy BTC, as waiting for the right time is similar to trading. Long-term investing in BTC is certainly very easy, which is certainly different from trading because all you need to do is buy BTC at any price and hold it for the long term. However, holding BTC for the long term is certainly full of obstacles, and a long-term BTC investor must be prepared for the temptations that are usually always present, such as rising BTC prices, which of course not a small number of people sell their BTC and ultimately fail as long-term BTC investors.

[Olatundespo]

Holding doesn't mean ignoring the the perfect entry butbdi does mean having a clear plan and not making emotional decisions every time the price dips everyone strategy is different but discipline is what usually make the whole difference.i like the point you gave on having defined objective, without one, it's easy to get distracted by short term price movement.

Crytohillss there is no such thing as a perfect entry, where are you even getting such an idea from.. If there was then it would have been very easy for folks to just wait, then time the market  to make easy profit.. Moreso, holding is about accumulating and then keeping your Bitcoin for longer term durations, and why doing so it would obviously make no sense to then start involving yourself with the perfect entry.. Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

The perfect entry time in investing is when you have excess available funds. The perfect time is when you have discretionary income and are confident that you will reach your Bitcoin goal. Just as human life depends on a hidden future, you cannot predict anything for sure, similarly in investing you have to invest based on a hidden assumption. The more discipline you have in life, the more successful you will be. The same applies to investing. The more regular and long-term discipline you can be in Bitcoin accumulation, the easier it will be to reach the over accumulation stage. Set a target time of 4-10 years and save Bitcoin regularly in the DCA method.

[The Founding Titan]

Holding doesn't mean ignoring the the perfect entry butbdi does mean having a clear plan and not making emotional decisions every time the price dips everyone strategy is different but discipline is what usually make the whole difference.i like the point you gave on having defined objective, without one, it's easy to get distracted by short term price movement.

Crytohillss there is no such thing as a perfect entry, where are you even getting such an idea from.. If there was then it would have been very easy for folks to just wait, then time the market  to make easy profit.. Moreso, holding is about accumulating and then keeping your Bitcoin for longer term durations, and why doing so it would obviously make no sense to then start involving yourself with the perfect entry.. Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

I agree with you, how can you be looking for a perfect entry. First of, that's enemies lane. Are you an investor or a trader? That term is used by traders more. What we talking about more here is how to invest in Bitcoin. That's the whole essence of this forum. To educate and show you how to invest in bitcoin. No such things as perfect entry.

Why look for a perfect entry when you can't start buying whenever as long as you've figured out your discretionary income, the idea of looking for a perfect entry point will always lead go people delaying and not starting to buy bitcoin when they should, whether the delay is to look for a perfect time to buy or whether it is to gather knowledge before investing it is still the wrong move to make for an investor, what's important is figuring out our discretionary income, once that has been done we can start buying bitcoin.

[Barikui1]

Why look for a perfect entry when you can't start buying whenever as long as you've figured out your discretionary income, the idea of looking for a perfect entry point will always lead go people delaying and not starting to buy bitcoin when they should, whether the delay is to look for a perfect time to buy or whether it is to gather knowledge before investing it is still the wrong move to make for an investor, what's important is figuring out our discretionary income, once that has been done we can start buying bitcoin.

I agree with your sentiment here bro, figuring out your discretionary income is the main thing needed to get started, and the only valuable reason someone should put an hold to his Bitcoin accumulation or starting his Bitcoin investment is if he can't figure out his discretionary income, but once he can figure it out, starting right away is the best way forward.

The problem most investors have is that they invested in Bitcoin without figuring out their discretionary income, which is more of gambling than investment, and in most cases scenario, it doesn't ends well. So if laps can be avoided, the chances of your investment being a success is very high.

[Popkon6]

Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

I agree with you, how can you be looking for a perfect entry. First of, that's enemies lane. Are you an investor or a trader? That term is used by traders more. What we talking about more here is how to invest in Bitcoin. That's the whole essence of this forum. To educate and show you how to invest in bitcoin. No such things as perfect entry.

Why look for a perfect entry when you can't start buying whenever as long as you've figured out your discretionary income, the idea of looking for a perfect entry point will always lead go people delaying and not starting to buy bitcoin when they should, whether the delay is to look for a perfect time to buy or whether it is to gather knowledge before investing it is still the wrong move to make for an investor, what's important is figuring out our discretionary income, once that has been done we can start buying bitcoin.

You should not delay in investing in Bitcoin at all, the more time you delay in investing in Bitcoin, the more time you feel like you have lost in the future. So if you start investing in Bitcoin without delay, then you will definitely start benefiting from it, and it is most important to have an idea about how to make Bitcoin investment long-term and over time you can form an emergency fund to protect your Bitcoin investment.
Forming an emergency fund makes it much easier to hold your Bitcoin investment in the long term and you can protect your Bitcoin holding from any danger. So undoubtedly, there should be no delay in investing in Bitcoin and you will get the opportunity to gain more knowledge about Bitcoin along with the investment.

[Crytohillss]

Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

I agree with you, how can you be looking for a perfect entry. First of, that's enemies lane. Are you an investor or a trader? That term is used by traders more. What we talking about more here is how to invest in Bitcoin. That's the whole essence of this forum. To educate and show you how to invest in bitcoin. No such things as perfect entry.

Why look for a perfect entry when you can't start buying whenever as long as you've figured out your discretionary income, the idea of looking for a perfect entry point will always lead go people delaying and not starting to buy bitcoin when they should, whether the delay is to look for a perfect time to buy or whether it is to gather knowledge before investing it is still the wrong move to make for an investor, what's important is figuring out our discretionary income, once that has been done we can start buying bitcoin.

You should not delay in investing in Bitcoin at all, the more time you delay in investing in Bitcoin, the more time you feel like you have lost in the future. So if you start investing in Bitcoin without delay, then you will definitely start benefiting from it, and it is most important to have an idea about how to make Bitcoin investment long-term and over time you can form an emergency fund to protect your Bitcoin investment.
Forming an emergency fund makes it much easier to hold your Bitcoin investment in the long term and you can protect your Bitcoin holding from any danger. So undoubtedly, there should be no delay in investing in Bitcoin and you will get the opportunity to gain more knowledge about Bitcoin along with the investment.

Investing in Bitcoin is a big decision that require careful consideration, while delaying an investment may mean miss potential opportunities it is equally important to understand Bitcoin risks market volatility and your own financial goal before committing funds. Long term approach to Bitcoin investment involves learning how the asset work setting realistic expectation and developing a strategy that fits one financial situation.

[The Founding Titan]

Trying to get the perfect entry will only but lead folks to timing the market and chasing the perfect time to kickstarting your accumulation journey, which isn't wise at all...

I agree with you, how can you be looking for a perfect entry. First of, that's enemies lane. Are you an investor or a trader? That term is used by traders more. What we talking about more here is how to invest in Bitcoin. That's the whole essence of this forum. To educate and show you how to invest in bitcoin. No such things as perfect entry.

Why look for a perfect entry when you can't start buying whenever as long as you've figured out your discretionary income, the idea of looking for a perfect entry point will always lead go people delaying and not starting to buy bitcoin when they should, whether the delay is to look for a perfect time to buy or whether it is to gather knowledge before investing it is still the wrong move to make for an investor, what's important is figuring out our discretionary income, once that has been done we can start buying bitcoin.

You should not delay in investing in Bitcoin at all, the more time you delay in investing in Bitcoin, the more time you feel like you have lost in the future. So if you start investing in Bitcoin without delay, then you will definitely start benefiting from it, and it is most important to have an idea about how to make Bitcoin investment long-term and over time you can form an emergency fund to protect your Bitcoin investment.
Forming an emergency fund makes it much easier to hold your Bitcoin investment in the long term and you can protect your Bitcoin holding from any danger. So undoubtedly, there should be no delay in investing in Bitcoin and you will get the opportunity to gain more knowledge about Bitcoin along with the investment.

You shouldn't rush to start buying bitcoin if you are yet to figure out your discretionary income or even worse you are not even generating any discretionary income to begin with, bitcoin is a good asset to invest in but that doesn't mean people should invest in bitcoin blindly, if you don't have discretionary income then your efforts should be towards being able to generate discretionary income instead of on investing, you can start buying bitcoin after you are able to generate discretionary income and not before.