Buy Buy Buy or Sell Sell Sell?

[sotelorene]

As far as bitcoin investment is concerned, every investor should invest in bitcoin according to how much their discretionary funds can allow them to invest in bitcoin. Even though we are investing in bitcoin, we ought to go on vacation, enjoy life, and learn about other people's way of life.

Bitcoin investment is not something you should force yourself to do, some people will end up starving themselves just because they want to invest in bitcoin, which is not making sense to me. If you are investing in bitcoin, then it should be at your convenience, don’t invest, and at the end you will end up spending all the money gotten from the investment on medical bills. Always enjoy your life even when investing. I do try to invest almost every month, but there are some months in which I don’t invest. I do enjoy all my money with my family members. Sometimes I do invest little amount, and sometimes my investment is always high. I don’t have a fixed amount that I do invest in bitcoin monthly, my investment is always determined by the problem that I am having to solve at that month.

We need to understand that life itself is about risks and until we deny ourselves some comfort, fun and pleasure it will be difficult for us to be determined in owning a huge portfolio because there will be times when you will want to invest in bitcoin but you will find it more better to use the money for pleasures.

No doubt that life is all about risk, but that doesn't mean we would invest so agresively in bitcoin and forget to take good care of ourselves, surely it is good to increase our investment when we have more sizable discretion but not when we don't have. talk more of starving ourselves. That is the more reason it is advised to seperate your fund in different dimension in Oder not to overdoing it. In as much as life is concerned, it is the first priority to handle including having fun and all that, so we shouldn't neglect it all because we want to invest in bitcoin. Bitcoin investment is good and should be taken seriously but health is wealth, if you don't take good care of your body properly, you may undergo a serious illness that will slow down your bitcoin investment or you may even sell your Bitcoin to treat yourself, after you may have neglected setting aside your emergency fund because of investing agresively to increase your portfolio.

You will be aware of the status of Bitcoin investment until you get involved in investing.  The more bitcoins you invest, the less aggressive you will become, because investing aggressively will never yield good results.  So Bitcoin is the only trusted coin where investing can get the most benefit, it needs a long time. If you invest in a long-term process and use the DCA method, you are most likely to have success. So it must be trusted to create itself, and it is the only bitcoin where the world's largest institutions and countries have invested in bitcoin.

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

[Rabata]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

[arwin100]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

Reason why investors fall from bad schemes its because they really believe that there's some investments out there could generate them good figures. Also this is what scammer take advantage on greedy investors since they make believe that if they buy their shitcoins they can earn a lot of profits from their project. This is common with shitcoins, that's why we better eliminate those thinking that we can possibly get rich with those tokens. People need to realize that every good investment doesn't promising anything but it give them more realistic gains. We cannot see that in bitcoin since by investing with this coin we need to exert a lot of patience and understanding on the market so that we can earn good profits for long term investment with this asset.

[AirtelBuzz]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return.

Investing doesn't mean you'll get rich quick. Moreover, Bitcoin investment should not be thought of as a get-rich-quick scheme as there are risks involved in investing. But in Bitcoin investment it is certain that you will get success if you hold the investment for a long time. However, those who invest in Bitcoin in the short term or plan to invest in Bitcoin in the short term may not be investors but he mainly traders. Investing is always long term and trading is short term. Long-term investment in Bitcoin has a high probability of success because if one holds the Bitcoin investment for at least four years, there is a high probability of success when the halving is organized after four years and then the price of Bitcoin becomes bullish.

However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

That is why it is most important to create a fixed source of income before investing. When an investor's financial management is well-organized, his investment continues smoothly, that is, he will be able to continue his investment without any obstacles. What do you mean by investing aggressively? Did you mention buying a lot of bitcoins at once here? If that's the case then maybe you're wrong, because if you have a source of income why would you buy a large amount of bitcoins at once which might be risky for you.

[bubilas]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

Reason why investors fall from bad schemes its because they really believe that there's some investments out there could generate them good figures. Also this is what scammer take advantage on greedy investors since they make believe that if they buy their shitcoins they can earn a lot of profits from their project. This is common with shitcoins, that's why we better eliminate those thinking that we can possibly get rich with those tokens. People need to realize that every good investment doesn't promising anything but it give them more realistic gains. We cannot see that in bitcoin since by investing with this coin we need to exert a lot of patience and understanding on the market so that we can earn good profits for long term investment with this asset.

I think this is what separates speculators from reasonable long-term investors.
Speculators are traders who want to make a profit as quickly as possible, so these guys even have the courage to buy memcoins with fiat. I like to compare this to a casino, because there is no reasonable sense in it. And I will admit that some of them will get lucky. But will it work in the long run? Of course not. And therefore it is a waste of time and money.

[SuperBitMan]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

Reason why investors fall from bad schemes its because they really believe that there's some investments out there could generate them good figures. Also this is what scammer take advantage on greedy investors since they make believe that if they buy their shitcoins they can earn a lot of profits from their project. This is common with shitcoins, that's why we better eliminate those thinking that we can possibly get rich with those tokens. People need to realize that every good investment doesn't promising anything but it give them more realistic gains. We cannot see that in bitcoin since by investing with this coin we need to exert a lot of patience and understanding on the market so that we can earn good profits for long term investment with this asset.

All this people that are still investing in shitcoins know very well that such investment is very risky except those newbies who has no knowledge and understanding about it they just invest in ignorance.
However those that are fully aware of the risk in shitcoin and still invest in it do such because they want to make easy money they are just like gamblers.
Some people complain that Bitcoin investment is too slow in it growth and that is why they want to invest in shitcoins, people who has this mentality don't understand what investment is all about, when it comes to investment someone that is finding it difficult to feed himself and family with his salary don't need to involve himself with investment that will take time before it yield profit because his using money that they will use in the home to invest and that will disturb them and lead to him complaining.
Bitcoin investment is not for people who there salary is not even enough to feed themselves and family and shitcoins investment should not even be considered because you can lose your money and may have no hope of getting it back but Bitcoin gives hope of you getting ur money back no matter the dip it may take time but you will surely get your money and and even profit but not with shitcoins that is why it should be avoided.

[Bloodseekers]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

In any case, of course, there will be no quick profits from every investment that we make and it takes patience and also the right strategy to be able to generate profits from the investments we make, planning to maintain Bitcoin assets in the long term certainly requires a source of income that can meet our daily needs and it is impossible to maintain these assets without income that can meet our needs.

If someone thinks that investing in Bitcoin will make them rich quickly, of course that is their mistake in understanding the investment and it would be better if someone could invest slowly and do it consistently in collecting the assets, of course they will be able to make a profit from the investment they are running.

[Stablexcoin]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

Holding Bitcoin for a long period has been a criterion for most investors and I fully agree with that. Quick returns can only be short term and I won't call invested. Perhaps such an individual who partakes in trading or short-term gains rarely becomes wealthy. Any business or investment at an early stage is meant to be nurtured to grow. If hasn't grown then withdrawing from it is wrong as the investment will have stunted growth. Apart from believe, there are things that are the norms and the best approach to our investment. Even if some folks don't belive in it they should understand what they are into and follow the right part.

[Ricardo11]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

In any case, of course, there will be no quick profits from every investment that we make and it takes patience and also the right strategy to be able to generate profits from the investments we make, planning to maintain Bitcoin assets in the long term certainly requires a source of income that can meet our daily needs and it is impossible to maintain these assets without income that can meet our needs.

If someone thinks that investing in Bitcoin will make them rich quickly, of course that is their mistake in understanding the investment and it would be better if someone could invest slowly and do it consistently in collecting the assets, of course they will be able to make a profit from the investment they are running.

Yes we have to plan long term in every field, we can't earn anything  with fast and easy way, for that we must have proper planning, patience and dependability. Proper strategy and long-term planning are crucial, especially when it comes to Bitcoin. If an investor considers Bitcoin as a get-rich-quick scheme, he will be at a loss later on, as Bitcoin always provides long-term returns. We first need to build a strong income base which will pay us money regularly and then a investor continue to invest through the DCA method and gradually build Bitcoin Stash. And of course Bitcoin will continue to "Hodley" for the next two to three cycles, then that investor can make a profit from it.

[Shadiq]

Yes we have to plan long term in every field, we can't earn anything  with fast and easy way, for that we must have proper planning, patience and dependability. Proper strategy and long-term planning are crucial, especially when it comes to Bitcoin. If an investor considers Bitcoin as a get-rich-quick scheme, he will be at a loss later on, as Bitcoin always provides long-term returns. We first need to build a strong income base which will pay us money regularly and then a investor continue to invest through the DCA method and gradually build Bitcoin Stash. And of course Bitcoin will continue to "Hodley" for the next two to three cycles, then that investor can make a profit from it.

To make an investment successful we need to keep a few things in mind.
1. Dependable/alternative source of income.
2. Long term planning and determination in investment.
3. Ensuring portfolio security.
4. Keeping funds ready as per requirement.

These points should be given importance to make an investment successful (there may be some more points). I find DCA as a convenient and easy strategy for investing. I see very little chance of loss here if you are a long term and proper planner. If you are planning to get rich quick from Bitcoin then you are almost guaranteed to be disappointed with Bitcoin. Because Bitcoin is a profitable long-term investment, you need to wait for several cycles (1 cycle=4 years approx) to get profit from Bitcoin.

[asarfiar]

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

Maybe that's our problem when we invest in any coin and constantly check the price of what we buy and can't hold our emotions. There are many of us investors who invest for the long term and many who invest for the short term. Yesterday I also invested in bitcoin for a short period of time by selling when bitcoin was touching $69k and buying when it hit $63k.

Moreover, if one is a long-term investor, he can buy bitcoins at any time and wait until the bull market begins to earn his profits.

Our biggest problem is not being stable about anything. The first thing we need to achieve is to analyze the market movements and prepare to make a mature investment. When it comes to investing in Bitcoin, we see different people's behavior at different times, such as many who show the mindset of holding (BTC) for a long period of time, while many people decide to sell (BTC) in the short term due to its volatility. We can assume that Bitcoin investment is waiting to reap a big profit in the near future regardless of market trends.

If we briefly discuss the essence of Bitcoin, we can see that although it started with $0.06 in July 2010 at the beginning, it reached a peak value of more than $73,000.00 in March 2024 through various ups and downs. Although the current price is $69,462.74, we can expect Bitcoin to cross $100k in the next year.

[Mayor of ogba]

Exactly, Mr. JayJuanGee what you said is absolutely right, it is advisable for someone to use discretionary income if he wants to invest into bitcoin, gambling or buying shitcoins.

I will never advise anyone to adopt trading shitcoins because it is too risky to do that, and you will end up losing all your funds. As a newbie, you lack the right skills that would help you to gain little profit and scale through sometimes in trading, and for you to learn these skills, it will take you months to master these skills, and you also need to know if there is news that will influence the price of bitcoin to dip so that you will not open or enter a trade and save yourself from being stuck in your trade. Trading comes with a lot of stress and emotional damage. It will be better if you focus your attention on investing in bitcoin for the long term with the money you will not need for 4-10 years or more; this will allow you to hold your bitcoin for a long time because you will not use money meant to solve your daily expenses to invest in bitcoin.

[Justbillywitt]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return.

Your profitability in bitcoin investment as a long term investor also depends on the size of your investment and not just how long alone. I think both works together. As your aim is targeted towards the long term, your bitcoin holding size should also be increasing over the years. Another thing is that our investment in bitcoin does not guarantee us any returns. In as much as we are expected to see more of an upward trends in bitcoin market as the years goes by, that doesn't mean that we are guaranteed of see any huge return on investment. There may be returns or there maybe not. So using that word huge return sounded like your speaking with certainty that there must be returns and that's wrong.

[Promocodeudo]

Exactly, Mr. JayJuanGee what you said is absolutely right, it is advisable for someone to use discretionary income if he wants to invest into bitcoin, gambling or buying shitcoins.

I will never advise anyone to adopt trading shitcoins because it is too risky to do that, and you will end up losing all your funds. As a newbie, you lack the right skills that would help you to gain litftle profit and scale through sometimes in trading, and for you to learn these skills, it will take you months to master these skills, and you also need to know if there is news that will influence the price of bitcoin to dip so that you will not open or enter a trade and save yourself from being stuck in your trade. Trading comes with a lot of stress and emotional damage. It will be better if you focus your attention on investing in bitcoin for the long term with the money you will not need for 4-10 years or more; this will allow you to hold your bitcoin for a long time because you will not use money meant to solve your daily expenses to invest in bitcoin.

Yea, its not ideal to even think of such, sticking to Bitcoin alone remains the best option, am proud to tell anyone anywhere about Bitcoin though with any form of persuasion  because I believe in the long-term benefit of this digital asset, adopting altcoin or shitcoin is like knowing that you are going the wrong way and still you go ahead with it, trading is no no for me because I don't believe in an unrealistic short-term stuff, am a preacher of long-term investment in Bitcoin and it has always been my stand, the problem many people encounter is the quick money mindset, it has really dealt with many investors that has good investment plan from the begining, some people lacks Patience forgeting that its the only way for them to actualuse their goals as bitcoiners.

Trading should not be a discussion for anyone talk more of a newbie, I don't think anyone be it newbie or existing investor has anything to do with trading when we already know that the target of every bitcoiner is suppose to be for a long-term, though individual decision matters but talking about trade shouldn't be a discussion for me.
Yes of course it will be a good move for investor to invest the amount the can afford continuously steadily in other to have a bulky portfolio and hold for a long-term instead of thinking to wallow in something that may render them financially hopeless or hopeless as the case may be.

[Miles2006]

Our biggest problem is not being stable about anything. The first thing we need to achieve is to analyze the market movements and prepare to make a mature investment. When it comes to investing in Bitcoin, we see different people's behavior at different times, such as many who show the mindset of holding (BTC) for a long period of time, while many people decide to sell (BTC) in the short term due to its volatility. We can assume that Bitcoin investment is waiting to reap a big profit in the near future regardless of market trends.

What’s more important involves a good management although bitcoin strategies as seen is more easy to practice meanwhile a short term profit involves more risk not knowing the market structure. Bitcoin volatility is not an excuse for anyone who practice short term investment, no doubt holding bitcoin investment for long is profitable that’s the reason investors in general still hold and accumulate in times like this.

If we briefly discuss the essence of Bitcoin, we can see that although it started with $0.06 in July 2010 at the beginning, it reached a peak value of more than $73,000.00 in March 2024 through various ups and downs. Although the current price is $69,462.74, we can expect Bitcoin to cross $100k in the next year.

Bitcoin experiencing a bull run or not presently, bitcoin might go beyond $100k whenever probably. We can’t predict the market rather past events can determine the outcome, bitcoin price history keeps growing but, past performance could not determine the present market correctly. I see comment concerning bitcoin price reaching $100k next year and I’m also anticipating for bitcoin price reaching $100k.

[Frankolala]

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

Maybe that's our problem when we invest in any coin and constantly check the price of what we buy and can't hold our emotions. There are many of us investors who invest for the long term and many who invest for the short term. Yesterday I also invested in bitcoin for a short period of time by selling when bitcoin was touching $69k and buying when it hit $63k.

Moreover, if one is a long-term investor, he can buy bitcoins at any time and wait until the bull market begins to earn his profits.

Our biggest problem is not being stable about anything. The first thing we need to achieve is to analyze the market movements and prepare to make a mature investment . When it comes to investing in Bitcoin, we see different people's behavior at different times, such as many who show the mindset of holding (BTC) for a long period of time, while many people decide to sell (BTC) in the short term due to its volatility. We can assume that Bitcoin investment is waiting to reap a big profit in the near future regardless of market trends.

If we briefly discuss the essence of Bitcoin, we can see that although it started with $0.06 in July 2010 at the beginning, it reached a peak value of more than $73,000.00 in March 2024 through various ups and downs. Although the current price is $69,462.74, we can expect Bitcoin to cross $100k in the next year.

Analyzing the market movement shouldn't be the first thing a new investor needs to achieve before he starts his bitcoin journey because he is to be buying bitcoin always regardless of the price of bitcoin. Rather the new investor should know the basic knowledge of bitcoin and have a long-term mindset on his bitcoin journey by seeing bitcoin as a place to throw some value into overtime. Because that will make him have the zeal to build and grow his bitcoin investment and hodli for long.

Figuring how much of his discretionary income he will use to buy bitcoin weekly without overdoing it is next, so that his plans on investing for long and keep on increasing his bitcoin portfolio will be achieved overtime. Just focus on only buying, buying, buying and give less attention to the market.

[Proty]

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

Maybe that's our problem when we invest in any coin and constantly check the price of what we buy and can't hold our emotions. There are many of us investors who invest for the long term and many who invest for the short term. Yesterday I also invested in bitcoin for a short period of time by selling when bitcoin was touching $69k and buying when it hit $63k.

Moreover, if one is a long-term investor, he can buy bitcoins at any time and wait until the bull market begins to earn his profits.

Our biggest problem is not being stable about anything. The first thing we need to achieve is to analyze the market movements and prepare to make a mature investment. When it comes to investing in Bitcoin, we see different people's behavior at different times, such as many who show the mindset of holding (BTC) for a long period of time, while many people decide to sell (BTC) in the short term due to its volatility. We can assume that Bitcoin investment is waiting to reap a big profit in the near future regardless of market trends.

If we briefly discuss the essence of Bitcoin, we can see that although it started with $0.06 in July 2010 at the beginning, it reached a peak value of more than $73,000.00 in March 2024 through various ups and downs. Although the current price is $69,462.74, we can expect Bitcoin to cross $100k in the next year.

I think is very wrong to analyze the market movement before we start our investment in bitcoin , because our investment in bitcoin should not be determined by the market movement but rather how much we have.more especially if you using dca strategy to accumulate bitcoin there will be no need for analyzing the market movement , you can buy at the dip and even lump sum when you have an additional cash for that ,so the market analysis will only make you not to start your investment when you are supposed to and to sell when you are not supposed to.so we should focus more on accumulation rather than focusing on market analysis since our investment in bitcoin is targeted towards long term.

[Stablexcoin]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

A business or investment is meant to be nurtured at the beginning stage. I noticed that a lot of persons, go into investment or start a business so that they can cover up their daily needs which will hinder the growth of the business. Its understandable that life can be so frustrating and difficult at times, especially in the kind of economy we found ourselves. We can barely make a budget for monthly expenses and when we get time to buy what we need it, the current price becomes higher than the previous price. This is one of the problems people face when they are not financially stable but still insist to start an investment or business.

[Barikui1]

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

Maybe that's our problem when we invest in any coin and constantly check the price of what we buy and can't hold our emotions. There are many of us investors who invest for the long term and many who invest for the short term. Yesterday I also invested in bitcoin for a short period of time by selling when bitcoin was touching $69k and buying when it hit $63k.

Moreover, if one is a long-term investor, he can buy bitcoins at any time and wait until the bull market begins to earn his profits.

Our biggest problem is not being stable about anything. The first thing we need to achieve is to analyze the market movements and prepare to make a mature investment. When it comes to investing in Bitcoin, we see different people's behavior at different times, such as many who show the mindset of holding (BTC) for a long period of time, while many people decide to sell (BTC) in the short term due to its volatility. We can assume that Bitcoin investment is waiting to reap a big profit in the near future regardless of market trends.

If we briefly discuss the essence of Bitcoin, we can see that although it started with $0.06 in July 2010 at the beginning, it reached a peak value of more than $73,000.00 in March 2024 through various ups and downs. Although the current price is $69,462.74, we can expect Bitcoin to cross $100k in the next year.

I think is very wrong to analyze the market movement before we start our investment in bitcoin , because our investment in bitcoin should not be determined by the market movement but rather how much we have.more especially if you using dca strategy to accumulate bitcoin there will be no need for analyzing the market movement , you can buy at the dip and even lump sum when you have an additional cash for that ,so the market analysis will only make you not to start your investment when you are supposed to and to sell when you are not supposed to.so we should focus more on accumulation rather than focusing on market analysis since our investment in bitcoin is targeted towards long term.

Yea, you are very much correct on this, as an investor it's unnecessary analyzing the market, that is mainly for traders not investors, because by doing so as an investor, you might miss a whole lot of buying opportunities thinking that the price of Bitcoin might dip further, so it's best you buy regardless of it current price and accumulate as much Bitcoin as possible, because an investor that is planning on holding for a very long period of time he ought to focus more on his accumulation of Bitcoin true the dca accumulating strategy, and by increasing his stash of Bitcoin than analyzing the market before making a purchase.

So in essence of what am trying to say is that analyzing the market or targeting the market as a long term investor is actually a wrong thing to do when it comes to Bitcoin investment because right now we are still at the early days of Bitcoin, so I believe that it has the potential of going up to 1million dollar in the future, so buying it now at this present rate is actually too cheap to be wasting your time analyzing.

[Ricardo11]

So in essence of what am trying to say is that analyzing the market or targeting the market as a long term investor is actually a wrong thing to do when it comes to Bitcoin investment because right now we are still at the early days of Bitcoin, so I believe that it has the potential of going up to 1million dollar in the future, so buying it now at this present rate is actually too cheap to be wasting your time analyzing.

Yes, I agree with you, we are still in the early stages of Bitcoin, if we can feel the future by researching the past and present of Bitcoin, then we can understand how much potential Bitcoin has in the future, and the current market price is very preliminary in front of that potential. Where the demand and popularity of Bitcoin is constantly increasing, we can say with high probability that Bitcoin will cross $1M in the near future. Many new investors do not have a proper idea about the true potential of Bitcoin and what level Bitcoin will go in the future. So they don't realize how cheap the current bitcoin price is compared to the possible future price. So we must have faith in Bitcoin and have a long-term view and continue DCA for a long time. Only then we will be able to take its true benefits. And those who do not believe in Bitcoin, if they properly research the past, present and future of Bitcoin, they will also get an idea of ​​the future potential of Bitcoin.