Buy Buy Buy or Sell Sell Sell?

[JayJuanGee]

There is nothing wrong with being as aggressive as you are able to be, so long as you are not being overly aggressive.  If a person is spending beyond their discretionary income, they are being too aggressive, and probably even spending all of your discretionary income on investing into bitcoin is being overly aggressive, yet each person has to judge for himself in regards to how aggressive that he is able to be, and if he makes any mistakes in terms of investing into bitcoin beyond his discretionary income, then he has to figure out how to absorb such mistakes... and hopefully such mistakes are not so large as to take him out of his investment.  We all make mistakes, yet we have to figure out balances so that our mistakes end up being largely minor mistakes rather than major mistakes.

Some people have this misconception that if they are to aggressive on their investment they might fall short or get in trouble with those decision they made. But actually if they try to figure out the whole activity they do there's nothing wrong about it especially if they are doing DCA. The more aggressive they are for accumulating to more volume they could get which is somehow beneficial for them in future. What I think wrong with being aggressive is if they are into trading since from that for sure that they are engaging with more bigger risk especially if they don't think on what they are doing and just buy those damn shitcoins in the market.

There's no perfect investor but what's important there is we know how to correct those mistakes we made and learn to correct so that next time we could do better moves that can potential give us good benefits in future.

Of course, DCA allows any of us to set our level of aggressiveness, yet DCA does not stop anyone from being overly aggressive.

We still have to choose our level of DCA within the size of our discretionary income, so if we are spending money that we need for expenses, then we could end up getting ourselves into trouble, even if we are DCAing.

Trading is another story, so truly we would not want to consider trading to count as investing, even though traders will frequently still say that they are investing when they are trading... so that trading tends to be a different level of risk taking that I would suggest is not really investing because it involves selling.. and with bitcoin there is no need to sell until you have reached an a point of over-accummulation.. which could take 10 years or more... depending on if a person is able to front load his investment into bitcoin or if he might merely be taking 5% to 25% (depending on his abilities) of his income through DCA.  There are a lot of individual factors (perhaps 9 of them?) to consider when trying to find a personally individualized balancing point for long term investing.

[Barikui1]

That is how some people use to enriched themselves in this community, because they take the advantage of dollar cost average method to continue purchasing Bitcoin from both bullish season and bearish season, because they know that before they will trade the Bitcoin the price will double up for them to achieve passive income from their holding. You don't need to have huge amount of capital before you can start using dollar cost average method to accumulate Bitcoin, because you can use any amount of funds to purchase Bitcoin but let it be in the bearish season, because that is what will make your wish to come to reality when you are about to release them for sale in the market and you will like using that method to accumulate Bitcoin. I have try it and it favour me in the past which am still using dollar cost average method to accumulate Bitcoin whenever the bearish season appear, because I have other sources of income that is making me not to sell Bitcoin in a short term.

Though the best time to buy Bitcoin is when the price is down, because you acquire more fraction of it at a cheaper rate, but regardless of anything, what I think that is actually not ideal to me is selling now, for minimal gains, because it can't have a significant change on your finances for ever, unlike when you acquire enough stash of Bitcoin either through the DCA accumulating strategy or through lump sum strategy and hold for a very long period of time, because am quite positive that Bitcoin can go as high as a million dollar in a very short while in the future.
So tell me how you are going to feel if in your own eyes Bitcoin rose to a million dollar while you have already sold yours for minimal gains at this present market price?
It's definitely going to hurt right?
even though you might fail to admit it, but that's the reality, so the best is not even entertaining the mindset of selling right now.

Then as for the DCA accumulating strategy, you don't necessarily need to have a fix amount either weekly or monthly, what is very much important in executing that strategy is that let it be done with an amount you can do away without, so that you wouldn't have to fall back to it prematurely, so to be too much aggressive is actually wrong, if it's what you can't afford to do away without.

[Solokan]

While we are busy with semantics of what poverty is and what it is not, Bitcoin have crossed $100k again and there are chances it will go higher. Perhaps we could also figure out how to make good use of the time we are in to buy more Bitcoin now that there seem to be a minor consolidation around the $100k price area. If there is any time to take buying Bitcoin seriously, now is the time because the price is still fairly low compared to when US and other countries that are considering making Bitcoin their reserved currency, will start buying Bitcoin, that is if they were not just being politicians when making those fine pronouncements. Nevertheless, we can never go wrong by buying more Bitcoin and expanding our portfolio.

Yes, now is the right time to buy BTC and of course, even though BTC prices are rising, of course in the future we will have the potential to find BTC prices at very expensive prices and that will definitely be more than today. Yes, I also predict that BTC will rise even higher because it seems like people are now starting to realize that BTC is a safe digital asset.

Yes, coincidentally, for me at the moment I am still making the most of my time by continuing to buy BTC, but for me now I am more focused on DCA and not looking at the price of BTC because I am collecting it for the future which is definitely more than 10 years, I will hold it and will not sell it.

but for me personally of course I don't know the time to buy BTC, so in my opinion, anytime is the right time to buy BTC because I'm sure BTC will not disappoint its holders. but yes, if we buy now, it is true that we will get BTC at a price that can still be said to be cheap because of course in the future we will not necessarily find BTC prices at current prices. but of course we have to buy with money that is ready to lose and be ready to take risks and we also have to have reserve funds so that when we invest in BTC we are comfortable.

[SuperBitMan]

There is nothing wrong with being as aggressive as you are able to be, so long as you are not being overly aggressive.  If a person is spending beyond their discretionary income, they are being too aggressive, and probably even spending all of your discretionary income on investing into bitcoin is being overly aggressive, yet each person has to judge for himself in regards to how aggressive that he is able to be, and if he makes any mistakes in terms of investing into bitcoin beyond his discretionary income, then he has to figure out how to absorb such mistakes... and hopefully such mistakes are not so large as to take him out of his investment.  We all make mistakes, yet we have to figure out balances so that our mistakes end up being largely minor mistakes rather than major mistakes.

Some people have this misconception that if they are to aggressive on their investment they might fall short or get in trouble with those decision they made. But actually if they try to figure out the whole activity they do there's nothing wrong about it especially if they are doing DCA. The more aggressive they are for accumulating to more volume they could get which is somehow beneficial for them in future. What I think wrong with being aggressive is if they are into trading since from that for sure that they are engaging with more bigger risk especially if they don't think on what they are doing and just buy those damn shitcoins in the market.

There's no perfect investor but what's important there is we know how to correct those mistakes we made and learn to correct so that next time we could do better moves that can potential give us good benefits in future.

Of course, DCA allows any of us to set our level of aggressiveness, yet DCA does not stop anyone from being overly aggressive.

We still have to choose our level of DCA within the size of our discretionary income, so if we are spending money that we need for expenses, then we could end up getting ourselves into trouble, even if we are DCAing.

Trading is another story, so truly we would not want to consider trading to count as investing, even though traders will frequently still say that they are investing when they are trading... so that trading tends to be a different level of risk taking that I would suggest is not really investing because it involves selling.. and with bitcoin there is no need to sell until you have reached an a point of over-accummulation.. which could take 10 years or more... depending on if a person is able to front load his investment into bitcoin or if he might merely be taking 5% to 25% (depending on his abilities) of his income through DCA.  There are a lot of individual factors (perhaps 9 of them?) to consider when trying to find a personally individualized balancing point for long term investing.

It is true that DCA does not stop anyone from being overly aggressive, when you are using the DCA strategy it is advised you also have a reserved funds that funds is what you will be using when ever you wish to become aggressive in your accumulation, you can't be using your Discretionary income to accumulate Bitcoin weekly or monthly and at some time being aggressive with that same income that is why reserved funds are important to have, when you have a reserved funds and there's a dip in Bitcoin you can just dip hands into your reserved funds and become aggressive in accumulating at that period and it won't affect you.

You are right sir JJG Those that are trading are not investors and the level of risk in trading is very high, I know there's also risk for those investing but the risk is low.

[Marvelockg]

Then as for the DCA accumulating strategy, you don't necessarily need to have a fix amount either weekly or monthly, what is very much important in executing that strategy is that let it be done with an amount you can do away without, so that you wouldn't have to fall back to it prematurely, so to be too much aggressive is actually wrong, if it's what you can't afford to do away without.

proper planning entails that you become as discipline as possible and that might involve setting out a fix amount you are to use for your buying so you can comfortably do it for the long run and still have some extra funds that will go into the other needs you might have.

again, when we just talk about buying with what we can do away with, it is only best we explain what we mean by that and not allow a third party get to read a wrong meaning into it. no one invest in an asset he is not sure of and even though bitcoin is a volatile asset, there's still some level of knowledge that investors have that their investment is not getting into the wrong source or else they will never bother to invest so much into it. like we have always said in this discussion, you invest what you can do without for the long run and not what you don't have a need of. buying bitcoin with an amount that you don't have what to use it for makes bitcoin look like a Ponzi scheme that it is not. depending on your goal and where you want to see your portfolio at a certain timeframe, aggressive buying is not out of place and doesn't for any reason suggest that you are not a careful investor or that you are taking too much risk.

[Ricardo11]

While we are busy with semantics of what poverty is and what it is not, Bitcoin have crossed $100k again and there are chances it will go higher. Perhaps we could also figure out how to make good use of the time we are in to buy more Bitcoin now that there seem to be a minor consolidation around the $100k price area. If there is any time to take buying Bitcoin seriously, now is the time because the price is still fairly low compared to when US and other countries that are considering making Bitcoin their reserved currency, will start buying Bitcoin, that is if they were not just being politicians when making those fine pronouncements. Nevertheless, we can never go wrong by buying more Bitcoin and expanding our portfolio.

Yes, now is the right time to buy BTC and of course, even though BTC prices are rising, of course in the future we will have the potential to find BTC prices at very expensive prices and that will definitely be more than today. Yes, I also predict that BTC will rise even higher because it seems like people are now starting to realize that BTC is a safe digital asset.

Yes, coincidentally, for me at the moment I am still making the most of my time by continuing to buy BTC, but for me now I am more focused on DCA and not looking at the price of BTC because I am collecting it for the future which is definitely more than 10 years, I will hold it and will not sell it.

but for me personally of course I don't know the time to buy BTC, so in my opinion, anytime is the right time to buy BTC because I'm sure BTC will not disappoint its holders. but yes, if we buy now, it is true that we will get BTC at a price that can still be said to be cheap because of course in the future we will not necessarily find BTC prices at current prices. but of course we have to buy with money that is ready to lose and be ready to take risks and we also have to have reserve funds so that when we invest in BTC we are comfortable.

I also agree with you, actually if you study the future possibilities of Bitcoin, the current price is not much higher than the possible future value. And if you want to take advantage of this future opportunity, instead of waiting for investment, you have to start investing now.
And of course, you have to plan for long-term holding, new investors may be scared by short-term fluctuations in the market, but they should understand that such fluctuations will always be there, but despite these fluctuations, Bitcoin will continue to grow in the long term, Because this is how Bitcoin has continued to rise to $107K today. so you should always ignore them and plan for the long term.
Bitcoin will continue to grow and continue to grow, since Bitcoin has been able to go from $0 to $100K, then $100K to $1M is never impossible. Seeing the success of $100K, no one can be more stupid than those who have not yet believed in Bitcoin. And because of their disbelief, they will regret it the most in the future.
So buy Bitcoin, buy Bitcoin any time when you can afford it, "anytime is the right time to buy Bitcoin" (if you plan on long-term DCA investment). Because when you holding in DCA for the long term, (for At least 10 years) only then can you achieve real success in Bitcoin.

[Spaceman1000$]

While we are busy with semantics of what poverty is and what it is not, Bitcoin have crossed $100k again and there are chances it will go higher. Perhaps we could also figure out how to make good use of the time we are in to buy more Bitcoin now that there seem to be a minor consolidation around the $100k price area. If there is any time to take buying Bitcoin seriously, now is the time because the price is still fairly low compared to when US and other countries that are considering making Bitcoin their reserved currency, will start buying Bitcoin, that is if they were not just being politicians when making those fine pronouncements. Nevertheless, we can never go wrong by buying more Bitcoin and expanding our portfolio.

Yes, now is the right time to buy BTC and of course, even though BTC prices are rising, of course in the future we will have the potential to find BTC prices at very expensive prices and that will definitely be more than today. Yes, I also predict that BTC will rise even higher because it seems like people are now starting to realize that BTC is a safe digital asset.

Yes, coincidentally, for me at the moment I am still making the most of my time by continuing to buy BTC, but for me now I am more focused on DCA and not looking at the price of BTC because I am collecting it for the future which is definitely more than 10 years, I will hold it and will not sell it.

but for me personally of course I don't know the time to buy BTC, so in my opinion, anytime is the right time to buy BTC because I'm sure BTC will not disappoint its holders. but yes, if we buy now, it is true that we will get BTC at a price that can still be said to be cheap because of course in the future we will not necessarily find BTC prices at current prices. but of course we have to buy with money that is ready to lose and be ready to take risks and we also have to have reserve funds so that when we invest in BTC we are comfortable.

Every time is always a better time to invest in BTC, and that's the more reason why you have the DCA method because it's invalidates price rotation, so hence your fixated in a particular DCA plan for a period of time, it helps you to reach your goal no matter the price fluctuations.

10 years of holding requires lots of patience and resilience because you will face a lot hurdles, if you're 30 years by age now then you will be 40 years by the time you feel your investment should mature, however these is very much achievable but the hard work that is involved needs to be thought through properly.

[Barikui1]

Then as for the DCA accumulating strategy, you don't necessarily need to have a fix amount either weekly or monthly, what is very much important in executing that strategy is that let it be done with an amount you can do away without, so that you wouldn't have to fall back to it prematurely, so to be too much aggressive is actually wrong, if it's what you can't afford to do away without.

[quote ]proper planning entails that you become as discipline as possible and that might involve setting out a fix amount you are to use for your buying so you can comfortably do it for the long run and still have some extra funds that will go into the other needs you might have.

Yea, proper planning is very much important in other to achieve any goal you set for yourself in achieving, but you also need to know that we live in a world full of uncertainty, even tomorrow is not promised, something can happen to your weekly or monthly salary/income that you can't invest the exact amount of money you normally use in investing due to shortage, the logical thing to do is to either do things base on scale of preference or you cut down cost of all you budgeted for that salary/income, so that stability must be maintained in not just your DCA accumulating strategy but also in your ability to pays other of your bills.

again, when we just talk about buying with what we can do away with, it is only best we explain what we mean by that and not allow a third party get to read a wrong meaning into it.

Then talking about this statement here,it can mean two things, depending on the scenario it's been used.
*Firstly, it might mean an amount of money you don't need for the time being, like in the next five to ten years time.

* Secondly,  it can also mean an amount of money you are willing to lose if things doesn't works out as planned.
So in this scenario, am talking of the first one here, because it's quite logical that we invest with money we can do away without for a very long period of time.

[Frankolala]

There is nothing wrong with being as aggressive as you are able to be, so long as you are not being overly aggressive.  If a person is spending beyond their discretionary income, they are being too aggressive, and probably even spending all of your discretionary income on investing into bitcoin is being overly aggressive, yet each person has to judge for himself in regards to how aggressive that he is able to be, and if he makes any mistakes in terms of investing into bitcoin beyond his discretionary income, then he has to figure out how to absorb such mistakes... and hopefully such mistakes are not so large as to take him out of his investment.  We all make mistakes, yet we have to figure out balances so that our mistakes end up being largely minor mistakes rather than major mistakes.

Some people have this misconception that if they are to aggressive on their investment they might fall short or get in trouble with those decision they made. But actually if they try to figure out the whole activity they do there's nothing wrong about it especially if they are doing DCA. The more aggressive they are for accumulating to more volume they could get which is somehow beneficial for them in future. What I think wrong with being aggressive is if they are into trading since from that for sure that they are engaging with more bigger risk especially if they don't think on what they are doing and just buy those damn shitcoins in the market.

There's no perfect investor but what's important there is we know how to correct those mistakes we made and learn to correct so that next time we could do better moves that can potential give us good benefits in future.

Of course, DCA allows any of us to set our level of aggressiveness, yet DCA does not stop anyone from being overly aggressive.

We still have to choose our level of DCA within the size of our discretionary income, so if we are spending money that we need for expenses, then we could end up getting ourselves into trouble, even if we are DCAing.

Trading is another story, so truly we would not want to consider trading to count as investing, even though traders will frequently still say that they are investing when they are trading... so that trading tends to be a different level of risk taking that I would suggest is not really investing because it involves selling.. and with bitcoin there is no need to sell until you have reached an a point of over-accummulation.. which could take 10 years or more... depending on if a person is able to front load his investment into bitcoin or if he might merely be taking 5% to 25% (depending on his abilities) of his income through DCA.  There are a lot of individual factors (perhaps 9 of them?) to consider when trying to find a personally individualized balancing point for long term investing.

It is true that DCA does not stop anyone from being overly aggressive, when you are using the DCA strategy it is advised you also have a reserved funds.

You can invest aggressively with DCA but you shouldn't overdo it because it neans that you are using more than your discretionary income to buy bitcoin which will later affect you despite your reserve funds. Imagine because it's a dip and you over aggressively bought bitcoin, feeling that it will favor you and after exhausting your funds because you over aggressively bought and the price of bitcoin continues to dip and remain there for long. Your needs will arise and there's nothing you will do than to sell part of your bitcoin at loss to take your of it. This is why it's good to invest aggressively but don't overdo it because it's a dip, accumulate based on your discretionary income.

For instance, your weekly income is $400 and your weekly expenses is 300. If you are investing $60 every week, when it's a dip, you can start investing $90, that will ease more pressure on your reserve funds. However, if you invest $130 from your income which is above your discretionary income with 30, your reserve funds will dry up fast and you will get broke and not be able to take care of your needs, if the price continues to dip, you will sell at loss. You have a long way to go so no need rushing too much but slow down your pace and accumulate according to your financial strength.

[JayJuanGee]

There is nothing wrong with being as aggressive as you are able to be, so long as you are not being overly aggressive.  If a person is spending beyond their discretionary income, they are being too aggressive, and probably even spending all of your discretionary income on investing into bitcoin is being overly aggressive, yet each person has to judge for himself in regards to how aggressive that he is able to be, and if he makes any mistakes in terms of investing into bitcoin beyond his discretionary income, then he has to figure out how to absorb such mistakes... and hopefully such mistakes are not so large as to take him out of his investment.  We all make mistakes, yet we have to figure out balances so that our mistakes end up being largely minor mistakes rather than major mistakes.

Some people have this misconception that if they are to aggressive on their investment they might fall short or get in trouble with those decision they made. But actually if they try to figure out the whole activity they do there's nothing wrong about it especially if they are doing DCA. The more aggressive they are for accumulating to more volume they could get which is somehow beneficial for them in future. What I think wrong with being aggressive is if they are into trading since from that for sure that they are engaging with more bigger risk especially if they don't think on what they are doing and just buy those damn shitcoins in the market.

There's no perfect investor but what's important there is we know how to correct those mistakes we made and learn to correct so that next time we could do better moves that can potential give us good benefits in future.

Of course, DCA allows any of us to set our level of aggressiveness, yet DCA does not stop anyone from being overly aggressive.

We still have to choose our level of DCA within the size of our discretionary income, so if we are spending money that we need for expenses, then we could end up getting ourselves into trouble, even if we are DCAing.

Trading is another story, so truly we would not want to consider trading to count as investing, even though traders will frequently still say that they are investing when they are trading... so that trading tends to be a different level of risk taking that I would suggest is not really investing because it involves selling.. and with bitcoin there is no need to sell until you have reached an a point of over-accummulation.. which could take 10 years or more... depending on if a person is able to front load his investment into bitcoin or if he might merely be taking 5% to 25% (depending on his abilities) of his income through DCA.  There are a lot of individual factors (perhaps 9 of them?) to consider when trying to find a personally individualized balancing point for long term investing.

It is true that DCA does not stop anyone from being overly aggressive, when you are using the DCA strategy it is advised you also have a reserved funds that funds is what you will be using when ever you wish to become aggressive in your accumulation, you can't be using your Discretionary income to accumulate Bitcoin weekly or monthly and at some time being aggressive with that same income that is why reserved funds are important to have, when you have a reserved funds and there's a dip in Bitcoin you can just dip hands into your reserved funds and become aggressive in accumulating at that period and it won't affect you.

You are right sir JJG Those that are trading are not investors and the level of risk in trading is very high, I know there's also risk for those investing but the risk is low.

You are not using the term discretionary income correctly, since we need to spend within our discretionary income, not outside of it.

Also, there is nothing wrong with having various kinds of back up funds, and some of which could be used for buying on dips and/or reserve funds as you seem to be describing them.. Yet, I would suggest that it is likely better for newbies to figure out some steady amount to buy bitcoin every week within their discretionary income which would be a form of DCA, and if they want to be aggressive, then they can attempt to adjust their DCA amount on a weely basis to account for their extra income and to buy more BTC on weeks that they have more income.  Another thing that they can do is to attempt to structure theire weekly DCA for buying the dips, yet it still might be difficult to figure out when the dip is, and so they might be wasting their time, but they still might feel better to try to find the dip each week and maybe also maintain enough discipline to make sure that they buy each week, even if some week, might have difficulties figuring out where the dip is going to be.

There ar various ways that errors can be made, and when guys try to be on the extreme end of aggressive, they might set themselves up for making more errors, yet there are ways to learn from errors too, so I have nothing against guys wanting to experiment and to try to figure out dips and things like that as long at they sometimes might realize that they may well be better off to spend their time trying to figure out how to make money or to improve their employment skills rather than getting too caught up in tactics that try to figure out bitcoin price direction, especially in their first cycle or two of investing into bitcoin and especially when they might b in their early stages of building their investment portfolio, which frequently takes way more than 10 years to build a comfortable investment portfolio.

[SuperBitMan]

There is nothing wrong with being as aggressive as you are able to be, so long as you are not being overly aggressive.  If a person is spending beyond their discretionary income, they are being too aggressive, and probably even spending all of your discretionary income on investing into bitcoin is being overly aggressive, yet each person has to judge for himself in regards to how aggressive that he is able to be, and if he makes any mistakes in terms of investing into bitcoin beyond his discretionary income, then he has to figure out how to absorb such mistakes... and hopefully such mistakes are not so large as to take him out of his investment.  We all make mistakes, yet we have to figure out balances so that our mistakes end up being largely minor mistakes rather than major mistakes.

Some people have this misconception that if they are to aggressive on their investment they might fall short or get in trouble with those decision they made. But actually if they try to figure out the whole activity they do there's nothing wrong about it especially if they are doing DCA. The more aggressive they are for accumulating to more volume they could get which is somehow beneficial for them in future. What I think wrong with being aggressive is if they are into trading since from that for sure that they are engaging with more bigger risk especially if they don't think on what they are doing and just buy those damn shitcoins in the market.

There's no perfect investor but what's important there is we know how to correct those mistakes we made and learn to correct so that next time we could do better moves that can potential give us good benefits in future.

Of course, DCA allows any of us to set our level of aggressiveness, yet DCA does not stop anyone from being overly aggressive.

We still have to choose our level of DCA within the size of our discretionary income, so if we are spending money that we need for expenses, then we could end up getting ourselves into trouble, even if we are DCAing.

Trading is another story, so truly we would not want to consider trading to count as investing, even though traders will frequently still say that they are investing when they are trading... so that trading tends to be a different level of risk taking that I would suggest is not really investing because it involves selling.. and with bitcoin there is no need to sell until you have reached an a point of over-accummulation.. which could take 10 years or more... depending on if a person is able to front load his investment into bitcoin or if he might merely be taking 5% to 25% (depending on his abilities) of his income through DCA.  There are a lot of individual factors (perhaps 9 of them?) to consider when trying to find a personally individualized balancing point for long term investing.

It is true that DCA does not stop anyone from being overly aggressive, when you are using the DCA strategy it is advised you also have a reserved funds that funds is what you will be using when ever you wish to become aggressive in your accumulation, you can't be using your Discretionary income to accumulate Bitcoin weekly or monthly and at some time being aggressive with that same income that is why reserved funds are important to have, when you have a reserved funds and there's a dip in Bitcoin you can just dip hands into your reserved funds and become aggressive in accumulating at that period and it won't affect you.

You are right sir JJG Those that are trading are not investors and the level of risk in trading is very high, I know there's also risk for those investing but the risk is low.

You are not using the term discretionary income correctly, since we need to spend within our discretionary income, not outside of it.

Also, there is nothing wrong with having various kinds of back up funds, and some of which could be used for buying on dips and/or reserve funds as you seem to be describing them.. Yet, I would suggest that it is likely better for newbies to figure out some steady amount to buy bitcoin every week within their discretionary income which would be a form of DCA, and if they want to be aggressive, then they can attempt to adjust their DCA amount on a weely basis to account for their extra income and to buy more BTC on weeks that they have more income.  Another thing that they can do is to attempt to structure theire weekly DCA for buying the dips, yet it still might be difficult to figure out when the dip is, and so they might be wasting their time, but they still might feel better to try to find the dip each week and maybe also maintain enough discipline to make sure that they buy each week, even if some week, might have difficulties figuring out where the dip is going to be.

There ar various ways that errors can be made, and when guys try to be on the extreme end of aggressive, they might set themselves up for making more errors, yet there are ways to learn from errors too, so I have nothing against guys wanting to experiment and to try to figure out dips and things like that as long at they sometimes might realize that they may well be better off to spend their time trying to figure out how to make money or to improve their employment skills rather than getting too caught up in tactics that try to figure out bitcoin price direction, especially in their first cycle or two of investing into bitcoin and especially when they might b in their early stages of building their investment portfolio, which frequently takes way more than 10 years to build a comfortable investment portfolio.

I understand your point sir JJG, we can be aggressive but let it be within our discretional income, however when being aggressive we should be careful so we won't go off limit, just like you said we should allow newbies to fine out things for themselves you are right but the only thing I will say to newbies is that don't feel you are backward and you need to meet up claim down Bitcoin is not running away Bitcoin is here and you are not too late don't rush too much so you won't set yourself up.
Some newbies are feeling that they came too late and they only way to meet up is by being too aggressive in there accumulation, Bitcoin still has a long way to go and there are still a lot of people who have not started accumulating Bitcoin, Bitcoin has not reached half of it's growth limit so if you start today you are still not late so not rush just accumulate consistently within your Discretionary income and your financial strength and then hodl for long term.

[Solokan]

While we are busy with semantics of what poverty is and what it is not, Bitcoin have crossed $100k again and there are chances it will go higher. Perhaps we could also figure out how to make good use of the time we are in to buy more Bitcoin now that there seem to be a minor consolidation around the $100k price area. If there is any time to take buying Bitcoin seriously, now is the time because the price is still fairly low compared to when US and other countries that are considering making Bitcoin their reserved currency, will start buying Bitcoin, that is if they were not just being politicians when making those fine pronouncements. Nevertheless, we can never go wrong by buying more Bitcoin and expanding our portfolio.

Yes, now is the right time to buy BTC and of course, even though BTC prices are rising, of course in the future we will have the potential to find BTC prices at very expensive prices and that will definitely be more than today. Yes, I also predict that BTC will rise even higher because it seems like people are now starting to realize that BTC is a safe digital asset.

Yes, coincidentally, for me at the moment I am still making the most of my time by continuing to buy BTC, but for me now I am more focused on DCA and not looking at the price of BTC because I am collecting it for the future which is definitely more than 10 years, I will hold it and will not sell it.

but for me personally of course I don't know the time to buy BTC, so in my opinion, anytime is the right time to buy BTC because I'm sure BTC will not disappoint its holders. but yes, if we buy now, it is true that we will get BTC at a price that can still be said to be cheap because of course in the future we will not necessarily find BTC prices at current prices. but of course we have to buy with money that is ready to lose and be ready to take risks and we also have to have reserve funds so that when we invest in BTC we are comfortable.

I also agree with you, actually if you study the future possibilities of Bitcoin, the current price is not much higher than the possible future value. And if you want to take advantage of this future opportunity, instead of waiting for investment, you have to start investing now.
And of course, you have to plan for long-term holding, new investors may be scared by short-term fluctuations in the market, but they should understand that such fluctuations will always be there, but despite these fluctuations, Bitcoin will continue to grow in the long term, Because this is how Bitcoin has continued to rise to $107K today. so you should always ignore them and plan for the long term.
Bitcoin will continue to grow and continue to grow, since Bitcoin has been able to go from $0 to $100K, then $100K to $1M is never impossible. Seeing the success of $100K, no one can be more stupid than those who have not yet believed in Bitcoin. And because of their disbelief, they will regret it the most in the future.
So buy Bitcoin, buy Bitcoin any time when you can afford it, "anytime is the right time to buy Bitcoin" (if you plan on long-term DCA investment). Because when you holding in DCA for the long term, (for At least 10 years) only then can you achieve real success in Bitcoin.

Indeed, for a beginner, of course there are times when you are afraid when you see the BTC price which is always fluctuating and to be honest, I also experienced times when I was afraid when buying BTC and I always looked at the BTC price and fear often emerged, such as being afraid that the BTC price would fall when we bought it. However, after seeing the discussions of people who were great at investing in BTC, I started to often apply the advice of those who were experts in investing in BTC and so on. and finally I started to know a little more about the correct procedures for investing in BTC and what I like most now is DCA regularly according to my ability.

Yes, it's absolutely true and I have also implemented that system because the longer we hold BTC, the profits will potentially be bigger and to be honest, if I personally have the goal of holding BTC for more than 10 years. Honestly, seeing the small supply of BTC and the large number of people who want to buy BTC makes me believe that the longer we DCA and hold BTC for the long term, the better it will be because of course our number of BTC will increase.

[Stablexcoin]

DCA method is actually for this type of investment, where someone from a poor or middle-class family will regularly invest a percentage (no matter how small) of their income in Bitcoin. The percentage of investment will depend on the amount of their income. However, I think that a small part of the income, such as 10%, allocated for investment will be a satisfactory percentage of investment.
In the current era, the average income of every poor family is at least $150 to $200. And the average income of every middle-class family is at least $350 to $400, in this case, if a poor family invests 10% of Bitcoin on a monthly basis in DCA, its monthly Bitcoin investment will be $15 to $20, and a middle-class family's monthly investment will be $35 to $40 as 10%. But, if a middle-class person wants to invest 20% to 30% of their money, they can easily invest $100 in DCA on a monthly basis.
Therefore, it is enough to start investing this amount as their income, they can increase the percentage of investment as their income increases in the future. And thus they will continue to slowly grow their Bitcoin investment stash, and if it continues to do so in the long term (at least 10 years), they may get something better than they expected in the future, from which they will be able to improve their financial situation a lot in the future.

What you have said is nothing far from the truth. No doubt DCA is a satisfactory method of investing in Bitcoin. It is very feasible because they can invest in small amount and gradually grow without worrying. $10 or $15 might look a bit comfortable for the middle class people to keep investing for long term. but for the poorer families even that $15, $10 or $20 could be a lot when they have taken care of their expenses, unexpected expenses or emergencies.

Ricardo, its not all about allocating a fixed percentage  by the poor families or middle class , its more about their ability to commit to their investment without jeopardizing their basic needs. For the middle-class your suggestion for 20% 0r 30$ may feel too ambitious for many. And the reason is because they have very competitive priorities like education, housing and health (imagine a family of 5). 10% is more comfortable for me here. Also to the poor families with keen interest in Bitcoin, i will rather say they don't start until they have moved up financially, to them 10% might be $5 or $10 which is high for them, in some rare cases 10% comes out nothing for them.

[Gallar]

While we are busy with semantics of what poverty is and what it is not, Bitcoin have crossed $100k again and there are chances it will go higher. Perhaps we could also figure out how to make good use of the time we are in to buy more Bitcoin now that there seem to be a minor consolidation around the $100k price area. If there is any time to take buying Bitcoin seriously, now is the time because the price is still fairly low compared to when US and other countries that are considering making Bitcoin their reserved currency, will start buying Bitcoin, that is if they were not just being politicians when making those fine pronouncements. Nevertheless, we can never go wrong by buying more Bitcoin and expanding our portfolio.

Yes, now is the right time to buy BTC and of course, even though BTC prices are rising, of course in the future we will have the potential to find BTC prices at very expensive prices and that will definitely be more than today. Yes, I also predict that BTC will rise even higher because it seems like people are now starting to realize that BTC is a safe digital asset.

Yes, coincidentally, for me at the moment I am still making the most of my time by continuing to buy BTC, but for me now I am more focused on DCA and not looking at the price of BTC because I am collecting it for the future which is definitely more than 10 years, I will hold it and will not sell it.

but for me personally of course I don't know the time to buy BTC, so in my opinion, anytime is the right time to buy BTC because I'm sure BTC will not disappoint its holders. but yes, if we buy now, it is true that we will get BTC at a price that can still be said to be cheap because of course in the future we will not necessarily find BTC prices at current prices. but of course we have to buy with money that is ready to lose and be ready to take risks and we also have to have reserve funds so that when we invest in BTC we are comfortable.

I also agree with you, actually if you study the future possibilities of Bitcoin, the current price is not much higher than the possible future value. And if you want to take advantage of this future opportunity, instead of waiting for investment, you have to start investing now.
And of course, you have to plan for long-term holding, new investors may be scared by short-term fluctuations in the market, but they should understand that such fluctuations will always be there, but despite these fluctuations, Bitcoin will continue to grow in the long term, Because this is how Bitcoin has continued to rise to $107K today. so you should always ignore them and plan for the long term.
Bitcoin will continue to grow and continue to grow, since Bitcoin has been able to go from $0 to $100K, then $100K to $1M is never impossible. Seeing the success of $100K, no one can be more stupid than those who have not yet believed in Bitcoin. And because of their disbelief, they will regret it the most in the future.
So buy Bitcoin, buy Bitcoin any time when you can afford it, "anytime is the right time to buy Bitcoin" (if you plan on long-term DCA investment). Because when you holding in DCA for the long term, (for At least 10 years) only then can you achieve real success in Bitcoin.

In essence, once we know that Bitcoin is a very good and very promising investment asset, I think after that we shouldn't think too much about its price fluctuations, whether short term or long term. Because here we will invest and not do daily trading. So long-term bitcoin investors don't think too much about price fluctuations that occur in bitcoin. Because basically they are convinced that bitcoin can continue to experience price increases. For this reason, when we invest in bitcoin, it is better to focus on looking for cold money that we can accumulate in bitcoin. Because if, for example, we think too much about Bitcoin price fluctuations, our mentality could be affected and maybe in the end we will get scared and end up selling the Bitcoin. So this is where DCA comes in as a solution for investors in bitcoin. Because by using the DCA strategy, we are taught to continue to focus on the bitcoin accumulation that we are currently carrying out and not to think too much about other things that can disturb our concentration in investing in bitcoin.

[Mayor of ogba]

While we are busy with semantics of what poverty is and what it is not, Bitcoin have crossed $100k again and there are chances it will go higher. Perhaps we could also figure out how to make good use of the time we are in to buy more Bitcoin now that there seem to be a minor consolidation around the $100k price area. If there is any time to take buying Bitcoin seriously, now is the time because the price is still fairly low compared to when US and other countries that are considering making Bitcoin their reserved currency, will start buying Bitcoin, that is if they were not just being politicians when making those fine pronouncements. Nevertheless, we can never go wrong by buying more Bitcoin and expanding our portfolio.

Yes, now is the right time to buy BTC and of course, even though BTC prices are rising, of course in the future we will have the potential to find BTC prices at very expensive prices and that will definitely be more than today. Yes, I also predict that BTC will rise even higher because it seems like people are now starting to realize that BTC is a safe digital asset.

Yes, coincidentally, for me at the moment I am still making the most of my time by continuing to buy BTC, but for me now I am more focused on DCA and not looking at the price of BTC because I am collecting it for the future which is definitely more than 10 years, I will hold it and will not sell it.

but for me personally of course I don't know the time to buy BTC, so in my opinion, anytime is the right time to buy BTC because I'm sure BTC will not disappoint its holders. but yes, if we buy now, it is true that we will get BTC at a price that can still be said to be cheap because of course in the future we will not necessarily find BTC prices at current prices. but of course we have to buy with money that is ready to lose and be ready to take risks and we also have to have reserve funds so that when we invest in BTC we are comfortable.

Every time is always a better time to invest in BTC, and that's the more reason why you have the DCA method because it's invalidates price rotation, so hence your fixated in a particular DCA plan for a period of time, it helps you to reach your goal no matter the price fluctuations.

You are totally correct; there's no better time to buy bitcoin than when your money is readily available and you use it to buy bitcoin right away without waiting for any entry point because nobody is certain what the price of bitcoin could be in the next second, minute, or hour. This is where the DCA strategy comes into play because it is the only strategy that allows investors to consistently accumulate bitcoin whenever their money is readily available, even though bitcoin is increasing or decreasing, which makes investors who are accumulating bitcoin with the DCA strategy take advantage of the market and be more active in accumulating bitcoin than those investors timing the market or waiting for an entry point before they can invest in bitcoin.

[Sim_card]

DCA method is actually for this type of investment, where someone from a poor or middle-class family will regularly invest a percentage (no matter how small) of their income in Bitcoin. The percentage of investment will depend on the amount of their income. However, I think that a small part of the income, such as 10%, allocated for investment will be a satisfactory percentage of investment.
In the current era, the average income of every poor family is at least $150 to $200. And the average income of every middle-class family is at least $350 to $400, in this case, if a poor family invests 10% of Bitcoin on a monthly basis in DCA, its monthly Bitcoin investment will be $15 to $20, and a middle-class family's monthly investment will be $35 to $40 as 10%. But, if a middle-class person wants to invest 20% to 30% of their money, they can easily invest $100 in DCA on a monthly basis.
Therefore, it is enough to start investing this amount as their income, they can increase the percentage of investment as their income increases in the future. And thus they will continue to slowly grow their Bitcoin investment stash, and if it continues to do so in the long term (at least 10 years), they may get something better than they expected in the future, from which they will be able to improve their financial situation a lot in the future.

What you have said is nothing far from the truth. No doubt DCA is a satisfactory method of investing in Bitcoin. It is very feasible because they can invest in small amount and gradually grow without worrying. $10 or $15 might look a bit comfortable for the middle class people to keep investing for long term. but for the poorer families even that $15, $10 or $20 could be a lot when they have taken care of their expenses, unexpected expenses or emergencies.

Ricardo, its not all about allocating a fixed percentage  by the poor families or middle class , its more about their ability to commit to their investment without jeopardizing their basic needs. For the middle-class your suggestion for 20% 0r 30$ may feel too ambitious for many. And the reason is because they have very competitive priorities like education, housing and health (imagine a family of 5). 10% is more comfortable for me here. Also to the poor families with keen interest in Bitcoin, i will rather say they don't start until they have moved up financially, to them 10% might be $5 or $10 which is high for them, in some rare cases 10% comes out nothing for them.

You shouldn't forget that investing in bitcoin is based on your discretionary income and I believe that there's no way a poor man receiving $100-$150 wouldn't have discretionary income if his expenses is not more than his income, because as a poor man you need to only focus on your needs and try to save a little part of your income to achieve something better in future. That's the money that you will put into bitcoin.

If the poor man discretionary income is 5%, that's bad which is $5 out of $100 and if it's $150, $7.5 will be his discretionary income. He can still use such amount to buy bitcoin instead of him being discouraged that it's too small. If it's weekly that he gets $100, he can buy bitcoin biweekly at $10 and if it's monthly, he can buy bimonthly with $10 overtime. While he look for a means to increase his income, so that he can also increase his DCA amount, the most important thing is that he has started his bitcoin investment.

[Cryptoprincess101]

DCA method is actually for this type of investment, where someone from a poor or middle-class family will regularly invest a percentage (no matter how small) of their income in Bitcoin. The percentage of investment will depend on the amount of their income. However, I think that a small part of the income, such as 10%, allocated for investment will be a satisfactory percentage of investment.
In the current era, the average income of every poor family is at least $150 to $200. And the average income of every middle-class family is at least $350 to $400, in this case, if a poor family invests 10% of Bitcoin on a monthly basis in DCA, its monthly Bitcoin investment will be $15 to $20, and a middle-class family's monthly investment will be $35 to $40 as 10%. But, if a middle-class person wants to invest 20% to 30% of their money, they can easily invest $100 in DCA on a monthly basis.
Therefore, it is enough to start investing this amount as their income, they can increase the percentage of investment as their income increases in the future. And thus they will continue to slowly grow their Bitcoin investment stash, and if it continues to do so in the long term (at least 10 years), they may get something better than they expected in the future, from which they will be able to improve their financial situation a lot in the future.

What you have said is nothing far from the truth. No doubt DCA is a satisfactory method of investing in Bitcoin. It is very feasible because they can invest in small amount and gradually grow without worrying. $10 or $15 might look a bit comfortable for the middle class people to keep investing for long term. but for the poorer families even that $15, $10 or $20 could be a lot when they have taken care of their expenses, unexpected expenses or emergencies.

Ricardo, its not all about allocating a fixed percentage  by the poor families or middle class , its more about their ability to commit to their investment without jeopardizing their basic needs. For the middle-class your suggestion for 20% 0r 30$ may feel too ambitious for many. And the reason is because they have very competitive priorities like education, housing and health (imagine a family of 5). 10% is more comfortable for me here. Also to the poor families with keen interest in Bitcoin, i will rather say they don't start until they have moved up financially, to them 10% might be $5 or $10 which is high for them, in some rare cases 10% comes out nothing for them.

You shouldn't forget that investing in bitcoin is based on your discretionary income and I believe that there's no way a poor man receiving $100-$150 wouldn't have discretionary income if his expenses is not more than his income, because as a poor man you need to only focus on your needs and try to save a little part of your income to achieve something better in future. That's the money that you will put into bitcoin.

Everyone has a discretionary income so far as they are earning and no matter how much your expenses may be, never spend more than your income because it will lead to not having an investment and even incur debts that you may end up not being able to pay because your income won't be enough to take care of your daily needs again. Human wants are unlimited, but it will be so bad for someone to put themselves under pressure of spending more than they earn. No matter how little anyone is earning, there's no way they can't scrap out a little money from it to invest in the future. someone who is even earning between $100-$150 is an average amount that anyone who make judicious use of it can own a good investment from it.

If the poor man discretionary income is 5%, that's bad which is $5 out of $100 and if it's $150, $7.5 will be his discretionary income. He can still use such amount to buy bitcoin instead of him being discouraged that it's too small. If it's weekly that he gets $100, he can buy bitcoin biweekly at $10 and if it's monthly, he can buy bimonthly with $10 overtime. While he look for a means to increase his income, so that he can also increase his DCA amount, the most important thing is that he has started his bitcoin investment.

Investing 5% for someone who earns $100-$150 is too poor but it depends on the responsibility of that person because if they have a larger family to take care of, 5% may not be that bad so far as they are consistent in it and never put theirself in an unnecessary pressure why trying to invest more. Making sure there is a balance between the amount you have set out for your up keeps and the amount for your investment is what really matters.

[SuperBitMan]

DCA method is actually for this type of investment, where someone from a poor or middle-class family will regularly invest a percentage (no matter how small) of their income in Bitcoin. The percentage of investment will depend on the amount of their income. However, I think that a small part of the income, such as 10%, allocated for investment will be a satisfactory percentage of investment.
In the current era, the average income of every poor family is at least $150 to $200. And the average income of every middle-class family is at least $350 to $400, in this case, if a poor family invests 10% of Bitcoin on a monthly basis in DCA, its monthly Bitcoin investment will be $15 to $20, and a middle-class family's monthly investment will be $35 to $40 as 10%. But, if a middle-class person wants to invest 20% to 30% of their money, they can easily invest $100 in DCA on a monthly basis.
Therefore, it is enough to start investing this amount as their income, they can increase the percentage of investment as their income increases in the future. And thus they will continue to slowly grow their Bitcoin investment stash, and if it continues to do so in the long term (at least 10 years), they may get something better than they expected in the future, from which they will be able to improve their financial situation a lot in the future.

What you have said is nothing far from the truth. No doubt DCA is a satisfactory method of investing in Bitcoin. It is very feasible because they can invest in small amount and gradually grow without worrying. $10 or $15 might look a bit comfortable for the middle class people to keep investing for long term. but for the poorer families even that $15, $10 or $20 could be a lot when they have taken care of their expenses, unexpected expenses or emergencies.

Ricardo, its not all about allocating a fixed percentage  by the poor families or middle class , its more about their ability to commit to their investment without jeopardizing their basic needs. For the middle-class your suggestion for 20% 0r 30$ may feel too ambitious for many. And the reason is because they have very competitive priorities like education, housing and health (imagine a family of 5). 10% is more comfortable for me here. Also to the poor families with keen interest in Bitcoin, i will rather say they don't start until they have moved up financially, to them 10% might be $5 or $10 which is high for them, in some rare cases 10% comes out nothing for them.

You shouldn't forget that investing in bitcoin is based on your discretionary income and I believe that there's no way a poor man receiving $100-$150 wouldn't have discretionary income if his expenses is not more than his income, because as a poor man you need to only focus on your needs and try to save a little part of your income to achieve something better in future. That's the money that you will put into bitcoin.

If the poor man discretionary income is 5%, that's bad which is $5 out of $100 and if it's $150, $7.5 will be his discretionary income. He can still use such amount to buy bitcoin instead of him being discouraged that it's too small. If it's weekly that he gets $100, he can buy bitcoin biweekly at $10 and if it's monthly, he can buy bimonthly with $10 overtime. While he look for a means to increase his income, so that he can also increase his DCA amount, the most important thing is that he has started his bitcoin investment.

You are right, the only time a poor man should back off  when it comes to bitcoin investment is when his expenses is bigger than his income and if you have such a job quit and look for a job that can give you a discretion income, as little as your discretion income is you can use it to accumulate Bitcoin these is one of the reasons Bitcoin investment is seen as one of the best investment in the world because no matter how small your income is or your discretion income is you can invest, Bitcoin gives everyone an opportunity to become successful, Bitcoin is very accommodating.
If a poor man accumulate Bitcoin with $50 every week for 10 to 20 years it can lead him to becoming a successful man, so no matter how small your discretion income is you can start Bitcoin accumulation journey as time goes on you can now expand your source of income and also increase the percentage you use for accumulation.

[sotelorene]

There is nothing wrong with being as aggressive as you are able to be, so long as you are not being overly aggressive.  If a person is spending beyond their discretionary income, they are being too aggressive, and probably even spending all of your discretionary income on investing into bitcoin is being overly aggressive, yet each person has to judge for himself in regards to how aggressive that he is able to be, and if he makes any mistakes in terms of investing into bitcoin beyond his discretionary income, then he has to figure out how to absorb such mistakes... and hopefully such mistakes are not so large as to take him out of his investment.  We all make mistakes, yet we have to figure out balances so that our mistakes end up being largely minor mistakes rather than major mistakes.

Some people have this misconception that if they are to aggressive on their investment they might fall short or get in trouble with those decision they made. But actually if they try to figure out the whole activity they do there's nothing wrong about it especially if they are doing DCA. The more aggressive they are for accumulating to more volume they could get which is somehow beneficial for them in future. What I think wrong with being aggressive is if they are into trading since from that for sure that they are engaging with more bigger risk especially if they don't think on what they are doing and just buy those damn shitcoins in the market.

There's no perfect investor but what's important there is we know how to correct those mistakes we made and learn to correct so that next time we could do better moves that can potential give us good benefits in future.

Yea, you are right but I don't think misconception is actually the reason why some people think that investing aggressively will make them stranded or get them into trouble rather what makes some investor not to invest aggressively is because they have checked themselves and find out that it is not going to worth it, in the sense that they might get stranded or run out of funds along the line. It is advisable to invest based on your capacity because failure to do this will result to a very big disaster if not shutdown of investment because one have exceeded what he or she is not suppose to..., in as much as we would love our investment to grow fast and smoothly will should also endeavor to do what is meant to be done in order to maintain and keep our investment running.

[Raflesia]

Why not? Because in the end everything can still be done and it does not mean that even poor people cannot do DCA because in the end as long as they can manage the income they have well in the end they can still do it even though maybe the nominal is not too big for DCA size.

Because in the end waiting also for now is not the right reason because it only delays them to be in bitcoin which could be a regret in the end and does not mean buying now is also said to be someone who is aggressive because after all the long term is a momentum that still has to be taken into account so that the longer you wait for the purchase, the longer you will be in bitcoin later, seeing that it would be better if done from now on while continuing to think about how we can continue to maintain the momentum of buying again and again with the money they get every month.
Although I will not say that waiting is wrong but in the end priorities must still come first so instead of you being tired of waiting for uncertainty it would be better to immediately adopt bitcoin while continuing to learn from now on for a possible future that will be much better.

I've been away from this talk for a day or two now. Going through the previous conversations, all I see is people willing to quench doubts and focus on reality of the future. Few days back while bitcoin was at 98k, I was discussing with a friend who was actually waiting for it to fall further before he can invest.
I tried to let him understand that every stage of bitcoin is a an investment stage and has potentials on long term investment if you can hold decisively. Today bitcoin has risen again above 104k. Buying bitcoin is the goal, not selling it. Infact selling of bitcoin can only be a last resort when it involves life. Let's make it a buy buy run and not a sell sell short term venture.

This is what must be emphasized, While I wouldn't say that waiting is a mistake because there are still many people who are trying to buy on the dip but in the end when we focus on DCA in the end everything becomes different where our focus can lead to buying regardless of the price because our goal is long-term not short-term so while we can afford to buy then why not because it's not wrong to start by buying now even if there is a decline again rather than we are the ones left behind because bitcoin is more unreachable for their size because they think it is too expensive so it will be more worth it to start early while waiting and convincing them to buy it. It is also wrong to start by buying now even though there is a decline back than we are the ones left behind because bitcoin is more unreachable for their size because they consider bitcoin too expensive so it will be more worth it to start early while waiting and convincing that we are ready for a long investment relly maybe even up to 10 years ahead so that we get an optimal result from what we are doing now.

As long as we are still able to do it and as long as we understand what we are doing I think buying now will not be a problem because what we are waiting for is not a few months but years or even much longer.