Buy Buy Buy or Sell Sell Sell?

[Marvelockg]

It is true that we can't know what the price of bitcoin will be in time coming but even though we are making speculations based on it's current price movements and it's price activity in the past, accurate and this speculations are also what gives investors hopes and confidence about their investment.

The price of bitcoin is unpredictable and that's why nobody can stand firmly to say that he or she knows what price of bitcoin will be in next month,
Anyone suggestions or speculations towards the price of bitcoin in next Month or two months that the price of bitcoin will be in a particular price, do not believe to the person seriously, because I know quite well that price of bitcoin is unpredictable and you don't need predict what you don't know about, because many users is found of that, predicting base on assumptions, to be sincere bitcoin price increases because of the level of demand, its obvious that demand or new investors like big companies that come in, in bitcoin, they're one that makes bitcoin investment to Skyrocket, its not based on month

it is the quest for profitability that is responsible for most of the speculation or Bitcoin price prediction you're seeing more frequently. Most investors are hoping that Bitcoin will get to $100k this year because they want to benefit from investing in Bitcoin and some of them even make the mistake of expecting Bitcoin to get so high even though they've never bought enough quantity of Bitcoin that would give them the expected profit.

What I believe we just need to know is that there are indices that suggests that Bitcoin will do well in the future. It might get to a certain price this year, next year or in two years time. As long as it's being consistent in going up in price, it's just good you have that at the back of your mind and continue buying without getting all bugged up by what's going to be the price of Bitcoin per year.

If your accumilation methord is through the use of the DCA methord, trying to know what the price of Bitcoin will be every now and then wouldn't even make you buy at a much lesser rate. You will still have to DCA at the set out time and since it's a long term accumilation plan, if you're able to do it long enough and Bitcoin gets to $200k possibly at the time you've reached your fuck you status, it will them make much sense that it's never a big deal with regards the range of price you bought Bitcoin at the moment.

[avp2306]

A new investor only needs to believe in bitcoin after checking the price history of bitcoin and see that the price of bitcoin going up in future has high odds than it going down because bitcoin is still going to mature more and more overtime.

No, i don't expect an investor to believe in Bitcoin by just checking the price of Bitcoin in the past or currently. He must understand the nature of Bitcoin, and grasp knowledge from it. Only then he will have his personal conviction on Bitcoin and believe in it. The price being assured to go up for years than going down is what build trust to choose it as the best asset to invest in. But believing is witnessing. When we start to invest with the knowledge we have and things start working out properly based on our goals, strategies and longevity then we are not true believers because we would rather trust in holding it for more than 10 years rather than trusting it in the short term

I guess that doesn't mean about solely checking the price then try to believe it, but rather make those past price achievement reached by bitcoin as good basis to believe that bitcoin really has a potential to grow and those who engage earlier are now gaining good figures as of the moment. Those events is already a good basis for people to believe that there's something more if they going to invest with bitcoin for long term purposes.

What usually been promoted now is trading especially if you learn information about bitcoin in other social media platforms. That's why its good to correct those negative thoughts that there is a something more better investment option which posses low risk if they just explore more other earning opportunity what bitcoin could able to give them. 4 - 10 year length is ideal for them since with that time span for sure that they can able to get good profits with bitcoin.

[Gallar]

It is true that we can't know what the price of bitcoin will be in time coming but even though we are making speculations based on it's current price movements and it's price activity in the past, but it is also good to have some understanding about some of the characteristics and factors that leads to it's price movements as it will help to evaluate if the price will likely go upwards or downwards in the future. Speculations are not just mere guesses as it may seem but combination of both present and past price performances which even if it is not accurate in the future but it can be close to being accurate and this speculations are also what gives investors hopes and confidence about their investment.

Any bitcoin investor, no one knows for sure what the price of bitcoin will be in the future. Because bitcoin is an asset that will certainly continue to experience price changes every second, hour, day, even year. Therefore, all bitcoin investors can only predict the price of bitcoin. Predictions are sometimes right and sometimes wrong. However, fortunately bitcoin has a clear cycle every 4 years (Halving), so with this it becomes easier for us to predict bitcoin price movements. Because as we know, bitcoin price patterns are almost the same in every cycle. I think this is more than enough to predict bitcoin price movements. Because in essence we don't actually need to worry too much about the price of bitcoin, because in each cycle bitcoin always passes the price it touched in the previous cycle. So basically the price of bitcoin will continue to increase (if there is no chaos or major problems in the world). Therefore, it is better for us to just focus on doing DCA and not think too deeply about price predictions. Because as I said, the situation in this world is safe, Bitcoin will definitely continue to experience price increases. Because I see that now many people are starting to get to know Bitcoin and are starting to invest in it. Because the advantages of Bitcoin have now been noticed by many people, and these people are aware of this.

[Obim34]

The choice of the range of years suggested by @JayJuanGee was a guide to enable anyone, including newbies and experienced investor develop the right mindset and approach to bitcoin investment. The range of 4-10 years was reasonably chosen based on the history of the market cycle of bitcoin that have seen new ATH every 4 years interval and for the fact that bitcoin have continue to generate more profits as the number of years of investment increases. There could be other ways of profiting from bitcoin including short term investment but because of the dangers associated with thinking short term including the chances of selling at a loss, it is highly recommended to opt for long term investment.

Any individual who has the knowledge or curious about longevity of holding to his portfolio should have to consider on the basis of each market cycle, every four years comes the bull and bear season, this period should be the judge on his calculations on when to pull out and when to keep holding. The further the assets are held the larger the profits, any investor who starts his accumulation during the bull season should know that the best time to pull out will be for the second bull season after checkmating how far he has gone through investing and if it's worth it. 

No, i don't expect an investor to believe in Bitcoin by just checking the price of Bitcoin in the past or currently. He must understand the nature of Bitcoin, and grasp knowledge from it. Only then he will have his personal conviction on Bitcoin and believe in it. The price being assured to go up for years than going down is what build trust to choose it as the best asset to invest in. But believing is witnessing. When we start to invest with the knowledge we have and things start working out properly based on our goals, strategies and longevity then we are not true believers because we would rather trust in holding it for more than 10 years rather than trusting it in the short term

What knowledge are you talking about? the most easiest form of belief why people begin to adapt and adopt to Bitcoin is basically based on historical stats which subject on how it started and where it is now. Do you think if Bitcoin never had a background check till date, not everyone will just accept the initiative of having any participation in Bitcoin, either to hold for investment purpose or to use as a currency. Bitcoin started under cents and now it is currently worth thousands of dollars, from where it is now to the future, there is every tendency that there must be an equivalent price increase just the way it played from the past till present.

[Ruttoshi]

any investor who starts his accumulation during the bull season should know that the best time to pull out will be for the second bull season after checkmating how far he has gone through investing and if it's worth it.

It is wrong to advise new investors to focus on 4 years bitcoin accumulation time frame and sell after four years, because I think it seems like it is not worth it selling your bitcoin at you took your time to build and gow gradually for four years and you sell it for little profits to hold fiat. What is what doing, is worth doing well. Therefore a new young investor who just started his bitcoin journey should have a long term with a committed mindset for two circles and above or minimum 10 years and above, because bitcoin should be treated as an investment that we should hodli till old age, so that we ca use it as our retirement funds.

There is what is called the compounding effect of bitcoin overtime, if you sell after four years, you will miss that compounding effect of bitcoin, because there is a stage that your bitcoin size will reach that even if you don't buy again and you didn't sell but just hodli, your bitcoin portfolio will still continue generating more profits for you that you cannot imagine because of the large size of bitcoin that you have. Don't make the sacrifice and commitment that you have used to accumulate your bitcoin for four years be a waste of time after you have sold it because if you plan to buy back, you will be a loser since you will not be able to buy back at those cheap price that you bought them. Imagine someone that bought bitcoin at the bottom line of the bear in 2022 for 16k should sell all the bitcoin he accumulate by next year bull run, do you think that bitcoin will fall that low to 16k in the next bear market after the bull run.

However, fortunately bitcoin has a clear cycle every 4 years (Halving), so with this it becomes easier for us to predict bitcoin price movements. Because as we know, bitcoin price patterns are almost the same in every cycle. I think this is more than enough to predict bitcoin price movements.

Knowing that bitcoin has a circle of four years is not enough to know the exact price of bitcoin if it will dip or pump during the ongoing circle. OK, can you tell me the new ATH of bitcoin when the bull run is at its peak and what month and ay will it be. Or can you tell e the lowest price that bitcoin will fall to during the next bear market. That aside can you tell me what bitcoin price will be next week. It is impossible but we can only speculate the price right or wrong.

[sotelorene]

It is impossible for anyone to know the price of bitcoin in the next decades since bitcoin price is unpredictable and past record is not a guarantee that the future will play out the same way.

Your absolutely right and thanks for pointing that out for Dailyscript and other investors who might have misunderstood that part. The probability of knowing what the price of Bitcoin is 0%. We can analyze and with our analysis make predictions on what it may be. Either being idealistic or realistic but all is full of speculation. Our expectation may come through at the end of the day but that doesn't mean we were certain of the price of Bitcoin in the next few years. True investors will know that the value of Bitcoin would worth more in the future, the price is unspecific but sure its going to be worth more in the future.

It is true that we can't know what the price of bitcoin will be in time coming but even though we are making speculations based on it's current price movements and it's price activity in the past, but it is also good to have some understanding about some of the characteristics and factors that leads to it's price movements as it will help to evaluate if the price will likely go upwards or downwards in the future. Speculations are not just mere guesses as it may seem but combination of both present and past price performances which even if it is not accurate in the future but it can be close to being accurate and this speculations are also what gives investors hopes and confidence about their investment.

You are right to some extent but as an investor I don't think it's necessary to think about the characteristics and factors that leads to Bitcoin up and downtrend I mean these are what traders are suppose or ment to do not investor. Investors main focus is to accumulate and hold for a long period of time so definitely there will be a downtrend but the uptrend will always supercede the downtrend within this interval of 4-10 years so you see it's not necessary to look at...

I may not understand what you mean by speculation are not just mere guesses but as much as I know, speculation are not always 100 % certain or guarantee even though much analysis is been carried out and been close isn't what we are looking for and that still sounds like a trading term. Even though no one knows when Bitcoin is going to stop existing but I believe it won't... anytime soon so why not invest and hold instead of looking or thinking of speculation that is not sure.

[liuka]

You are right to some extent but as an investor I don't think it's necessary to think about the characteristics and factors that leads to Bitcoin up and downtrend I mean these are what traders are suppose or ment to do not investor. Investors main focus is to accumulate and hold for a long period of time so definitely there will be a downtrend but the uptrend will always supercede the downtrend within this interval of 4-10 years so you see it's not necessary to look at...

I may not understand what you mean by speculation are not just mere guesses but as much as I know, speculation are not always 100 % certain or guarantee even though much analysis is been carried out and been close isn't what we are looking for and that still sounds like a trading term. Even though no one knows when Bitcoin is going to stop existing but I believe it won't... anytime soon so why not invest and hold instead of looking or thinking of speculation that is not sure.

As a long-term investor they are not thinking about the price of bitcoin in the near future but they are thinking about how they can buy a lot of bitcoin and that is their mind. Accumulating routinely is the choice that investors focus on for the long term, they will hold until they are old.

Speculating that the price of bitcoin will definitely continue to rise because the supply is limited while the buying demand continues to increase. People want to have 1 BTC and they will start investing with the amount of money they are ready to budget for the long term until they reach 1BTC ownership. After that they will target 2 BTC and so on. That way, continue to accumulate bitcoin to be stored until we are old because bitcoin is the best investment today.

[As-Soon-As]

You are right to some extent but as an investor I don't think it's necessary to think about the characteristics and factors that leads to Bitcoin up and downtrend I mean these are what traders are suppose or ment to do not investor. Investors main focus is to accumulate and hold for a long period of time so definitely there will be a downtrend but the uptrend will always supercede the downtrend within this interval of 4-10 years so you see it's not necessary to look at...

I may not understand what you mean by speculation are not just mere guesses but as much as I know, speculation are not always 100 % certain or guarantee even though much analysis is been carried out and been close isn't what we are looking for and that still sounds like a trading term. Even though no one knows when Bitcoin is going to stop existing but I believe it won't... anytime soon so why not invest and hold instead of looking or thinking of speculation that is not sure.

As a long-term investor they are not thinking about the price of bitcoin in the near future but they are thinking about how they can buy a lot of bitcoin and that is their mind. Accumulating routinely is the choice that investors focus on for the long term, they will hold until they are old.

Speculating that the price of bitcoin will definitely continue to rise because the supply is limited while the buying demand continues to increase. People want to have 1 BTC and they will start investing with the amount of money they are ready to budget for the long term until they reach 1BTC ownership. After that they will target 2 BTC and so on. That way, continue to accumulate bitcoin to be stored until we are old because bitcoin is the best investment today.

This is how an investor will generate news demand, but it is possible to accumulate bitcoins by following the DCA strategy. First we have to take the target how to accumulate one bitcoin and this is possible by regular investment, whenever you succeed in meeting the first target you take the second target there may be more than one bitcoin. If you can accumulate bitcoins like this, you will be most successful and most useful in old age. This Bitcoin will be most useful at the end when your job or body will be useless. So you can definitely choose this best investment at present, and you can definitely succeed by adopting all these DCA strategies.

[Furious 7]

A new investor only needs to believe in bitcoin after checking the price history of bitcoin and see that the price of bitcoin going up in future has high odds than it going down because bitcoin is still going to mature more and more overtime.

No, i don't expect an investor to believe in Bitcoin by just checking the price of Bitcoin in the past or currently. He must understand the nature of Bitcoin, and grasp knowledge from it. Only then he will have his personal conviction on Bitcoin and believe in it. The price being assured to go up for years than going down is what build trust to choose it as the best asset to invest in. But believing is witnessing. When we start to invest with the knowledge we have and things start working out properly based on our goals, strategies and longevity then we are not true believers because we would rather trust in holding it for more than 10 years rather than trusting it in the short term

Seeing the previous situation does not only have to be fixated on prices but in the end we realize that as long as bitcoin is created, the movement in terms of progress has looked very good so that by looking at this of course we will have another view.

Although it is not wrong when we look at the price in the end but it also will not change anything because bitcoin at the beginning of their period has become past history and we only have to focus on looking at the future with the conditions that are happening now so instead of daydreaming with past prices it would be better we only have to focus on preparing for the future we want.

For as a belief, it is actually not wrong when we have to see some of the things that happened before but it is not used as a hope that we go there but as proof that bitcoin's progress is indeed very good.

[MainIbem]

A new investor only needs to believe in bitcoin after checking the price history of bitcoin and see that the price of bitcoin going up in future has high odds than it going down because bitcoin is still going to mature more and more overtime.

No, i don't expect an investor to believe in Bitcoin by just checking the price of Bitcoin in the past or currently. He must understand the nature of Bitcoin, and grasp knowledge from it. Only then he will have his personal conviction on Bitcoin and believe in it. The price being assured to go up for years than going down is what build trust to choose it as the best asset to invest in. But believing is witnessing. When we start to invest with the knowledge we have and things start working out properly based on our goals, strategies and longevity then we are not true believers because we would rather trust in holding it for more than 10 years rather than trusting it in the short term

Seeing the previous situation does not only have to be fixated on prices but in the end we realize that as long as bitcoin is created, the movement in terms of progress has looked very good so that by looking at this of course we will have another view.

Although it is not wrong when we look at the price in the end but it also will not change anything because bitcoin at the beginning of their period has become past history and we only have to focus on looking at the future with the conditions that are happening now so instead of daydreaming with past prices it would be better we only have to focus on preparing for the future we want.

Different investors got diverse criteria that would make them believe in some, for some it's the price history that gives them an accurance to invest on Bitcoin while some other investors would need to study and understand the concepts of Bitcoin investment before being convinced that it's a worthy investment option, it's not like any of such category of investors are wrong but I believe in understanding what one is about to invest on before going into it cause a better understanding is like a guideline that would help an investor avoid errors it's even when one understands the basic concepts of Bitcoin investment that they'll more eager to check the history and see how well Bitcoin has improved over the years. Well price history is not much of a big deal though cause it's very certain that Bitcoin would definitely appreciate more than it's current price in the near future.

[Mayor of ogba]

The decision to share a seed phrase with someone is entirely personal to that person if their family has reliable descendants to provide them with that seed phrase. There are many elderly people in the world who have no one to care for them in their final days, even if they have a lot of money. In fact, this happens as a result of social values ​​and family breakdown. If it is the case that a person has a large number of bitcoins in his portfolio but does not get a chance to pass them on due to the lack of a proper successor, then you can call him a loss rather than a waste, even though if he had a family of his own he could have served them.

If that person intentionally doesn't share his seed phrase with anyone, you can call him a waste. If he was a great person, he could have donated the bitcoins he had accumulated in return for a lot of hard work to an orphanage or some other service organization.

If any bitcoin investor is dying and has no successor to pass his bitcoin to, taking this advice is not the best thing to do. Bitcoin is one of the best assets in the asset class. It would be a waste of time and resources if a dying investor donated his bitcoin to an orphanage or some other service organization because they would sell the bitcoin cheaply immediately they had access to it and use the money to run the affairs of the orphanage or the other service organization. It would be better if the dying investor passed his bitcoin to institutions that teach and hold bitcoin for long-term purposes or to a forum like the BitcoinTalk forum, because they know how good it is to hold bitcoin, and they also have a strong means of generating money to run their affairs, and they don't wait for people to donate money for them before they can run their affairs. Since most forum members know the freedom and profit that come with holding bitcoin, they will not sell the bitcoin in a hurry. They will hold the bitcoin as long as it is still existing to see what will really become of bitcoin. They can even decide to hold the bitcoin in remembrance of the dying investor and even set out a day to celebrate his hard work and smartness to accumulate bitcoin, and also donate the bitcoin in a place where it will be safe.