Buy Buy Buy or Sell Sell Sell?

[HistoLock]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

[blackberrman]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

There is no specific time to invest in Bitcoin because the price of Bitcoin always goes up and down, in which case we can never determine the price of Bitcoin, so if you are interested in investing, you should not lag behind by saying that the price of Bitcoin has increased, in which case you are expecting dumping. This is a bad habit. When you wait for the price of Bitcoin to be dumped, its price may increase further and you may lag behind. Then you will think again why you did not invest at that price then you will regret it. Bitcoin is cheaper now than in the future because Bitcoin has a limited supply and demand. Then the price of Bitcoin will continue to increase more than we feared. If you have a specific source of income from which you can earn, you can invest with the money earned there, keeping your own necessary expenses and leaving the remaining money, so you use the DCA strategy. You can invest regularly or monthly, because only your large amount of money will bring you big profits. Such thoughts will lead you to greed, then you will lose the price of Bitcoin.  You will panic when you see the fluctuations and if the price of Bitcoin is higher than you bought it, you will think that maybe this is the best time for you so you will want to sell. To avoid such wrong decisions, you should invest using the DCA strategy. This will prevent you from making wrong decisions and not panic.

[ultrloa]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

There is no specific time to invest in Bitcoin because the price of Bitcoin always goes up and down, in which case we can never determine the price of Bitcoin, so if you are interested in investing, you should not lag behind by saying that the price of Bitcoin has increased, in which case you are expecting dumping. This is a bad habit. When you wait for the price of Bitcoin to be dumped, its price may increase further and you may lag behind. Then you will think again why you did not invest at that price then you will regret it. Bitcoin is cheaper now than in the future because Bitcoin has a limited supply and demand. Then the price of Bitcoin will continue to increase more than we feared. If you have a specific source of income from which you can earn, you can invest with the money earned there, keeping your own necessary expenses and leaving the remaining money, so you use the DCA strategy. You can invest regularly or monthly, because only your large amount of money will bring you big profits. Such thoughts will lead you to greed, then you will lose the price of Bitcoin.  You will panic when you see the fluctuations and if the price of Bitcoin is higher than you bought it, you will think that maybe this is the best time for you so you will want to sell. To avoid such wrong decisions, you should invest using the DCA strategy. This will prevent you from making wrong decisions and not panic.

But much better to invest right now so that the next thing you should focus to do is to accumulate more Bitcoin.

Since if you worry about when is the specific time to invest then keep waiting then provably that you will miss lots of opportunity and keep delaying your start up on Bitcoin. So buy now and pay attention on your next buy order since this is what's best thing to do. Its better to target to make our accumulate more smoother doing DCA rather than we pay consideration with volatile movement of the market since this will just stress us out so bad.

Its not necessary to think about pumps and dumps since what we need to focus is to buy more Bitcoin then save lots of volume in future.

[Barikui1]

. If you have a specific source of income from which you can earn, you can invest with the money earned there,

Investment in Bitcoin is much easier when you knows the right thing to do at the right time because you wouldn't have to make the wrong decision that will compel you to sell off your holdings even when you ought not to.
As for this your statement here, it's actually the wrong approach when investing in Bitcoin, you only invest in Bitcoin from your discretionary income (money left after all basis needs and expenses have been met), not from your source of income as you claimed, because their are so many guys out there that has a source of income but still can't figure out their discretionary income, so investing from your discretionary income is a must if you want to be successful in your Bitcoin investment, not source of income as you thought.

[Loyang]

. If you have a specific source of income from which you can earn, you can invest with the money earned there,

We first have to think about what will be good for our investment. For example, how can we maintain our investment continuity by investing, how much money can we invest to reduce our risk a lot. If a new investor does a little research and looks at these things, then maybe his investment will be good for him.

There are many people who start investing with their fixed income and after a few days, the continuity of their investment is lost, and many sell their investment. We have to have proper financial management. Investing with discretionary income is the best. Because discretionary income is the amount of money that remains after deducting all expenses from your fixed income, that is discretionary income.

[blackberrman]

. If you have a specific source of income from which you can earn, you can invest with the money earned there,

We first have to think about what will be good for our investment. For example, how can we maintain our investment continuity by investing, how much money can we invest to reduce our risk a lot. If a new investor does a little research and looks at these things, then maybe his investment will be good for him.

There are many people who start investing with their fixed income and after a few days, the continuity of their investment is lost, and many sell their investment. We have to have proper financial management. Investing with discretionary income is the best. Because discretionary income is the amount of money that remains after deducting all expenses from your fixed income, that is discretionary income.

I agree with you that investing with prudent income can achieve long-term results. In that case, you can use the DCA strategy to invest small amounts and move forward. No matter how much the market fluctuates, you will not panic and will buy consistently. If the price of Bitcoin increases, you can gradually make big profits. New investors who see the profitable side of Bitcoin and invest in large amounts may panic and make wrong decisions when they see the market fluctuations. If they see that the price of Bitcoin has increased slightly, they sell it, but later they regret it. Long-term investment can increase your wealth several times.

[Xcode7]

. If you have a specific source of income from which you can earn, you can invest with the money earned there,

Investment in Bitcoin is much easier when you knows the right thing to do at the right time because you wouldn't have to make the wrong decision that will compel you to sell off your holdings even when you ought not to.
As for this your statement here, it's actually the wrong approach when investing in Bitcoin, you only invest in Bitcoin from your discretionary income (money left after all basis needs and expenses have been met), not from your source of income as you claimed, because their are so many guys out there that has a source of income but still can't figure out their discretionary income, so investing from your discretionary income is a must if you want to be successful in your Bitcoin investment, not source of income as you thought.

That's the main thing to manage so that whatever happens won't disrupt our Bitcoin investment for the future.
I think everyone has their own plan, regardless of how they start investing, but it's essential to do it. Maintaining that investment so it doesn't interfere with other needs, such as making more money. I believe a person will succeed in their investment only with a strong desire and consistency.

[HustleZ]

I get what you’re saying, but I have to point this out, I don’t understand the part you talking about currency, if it is Bitcoin then Bitcoin is not just any currency…

Putting it in the same box as a random currency or tokens is exactly how people miss the bigger picture. With Bitcoin, you’re not just holding for a price pump, you’re holding an asset that had proven itself over and over again..

You're right. Putting Bitcoin with "Just another currency" ruins the essence of it.
Bitcoin is not just another coin that a person trades for small short term gains. It is a decentralized censorship-resistant monetary network that has operated flawlessly for more than a Decade without central authority. It's value is not only in the price appreciation but in the borderless system it provides.
 Unlike fiat currencies which can be printed more or other altcoins which can be changed or abandoned. Bitcoin's monetary policy is transparent, fixed and enforced by the network itself. That's why it's not seen by experts as a speculative asset but the foundation of a  system that can give financial freedom.

[GIF-JOBS]

. If you have a specific source of income from which you can earn, you can invest with the money earned there,

Investment in Bitcoin is much easier when you knows the right thing to do at the right time because you wouldn't have to make the wrong decision that will compel you to sell off your holdings even when you ought not to.
As for this your statement here, it's actually the wrong approach when investing in Bitcoin, you only invest in Bitcoin from your discretionary income (money left after all basis needs and expenses have been met), not from your source of income as you claimed, because their are so many guys out there that has a source of income but still can't figure out their discretionary income, so investing from your discretionary income is a must if you want to be successful in your Bitcoin investment, not source of income as you thought.

That's the main thing to manage so that whatever happens won't disrupt our Bitcoin investment for the future.
I think everyone has their own plan, regardless of how they start investing, but it's essential to do it. Maintaining that investment so it doesn't interfere with other needs, such as making more money. I believe a person will succeed in their investment only with a strong desire and consistency.

This is certainly true, a person who is optimistic about Bitcoin in the long term and wants to invest with strong faith in it, must be able to handle himself during any situation, and will not let his Bitcoin holdings be damaged in any way. We often see many investors panicking and selling during short-term volatility, the reason for panicking here is that they could not establish strong faith in Bitcoin, they are skeptical about the potential of Bitcoin, and that is why they are afraid of volatility and make wrong decisions at that time due to panic, but a real investor who believes deeply in Bitcoin tries to increase his holdings by taking advantage of every volatility opportunity, this is the identity of a real investor and a short-term trader. Here, those who can hold Bitcoin by maintaining continuity of investment with patience and discipline in the long term, will definitely have a high chance of achieving great success.

[Regardme]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

I think this happens more often to people who isn’t aware or who doesn’t have knowledge of Bitcoin investment, because anyone who has started investing in bitcoin already, will definitely buy more bitcoin when price drops depending on financial capacity and level of risk tolerance. Most persons see it as an opportunity to buy aggressively, thereby increasing their portfolio. Which ever way you buy Bitcoin is okay, in as much as you’re investing and plan on hodl for long term. But it’s alway advisable to invest with your discretionary funds, funds that are left over after all your essential expenses since Bitcoin is a volatile asset, and using DCA strategy which will  help you buy Bitcoin either when low or high.

[Derekfunds]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

I think this happens more often to people who isn’t aware or who doesn’t have knowledge of Bitcoin investment, because anyone who has started investing in bitcoin already, will definitely buy more bitcoin when price drops depending on financial capacity and level of risk tolerance. Most persons see it as an opportunity to buy aggressively, thereby increasing their portfolio. Which ever way you buy Bitcoin is okay, in as much as you’re investing and plan on hodl for long term. But it’s alway advisable to invest with your discretionary funds, funds that are left over after all your essential expenses since Bitcoin is a volatile asset, and using DCA strategy which will  help you buy Bitcoin either when low or high.

It is not really about been aware or having Bitcoin knowledge but rather it is about the mindset or mentality some have towards this investment ( Bitcoin), if someone invested in Bitcoin with a fearful mind that they might lose there money then there is every possibility that any slight change in the market will affect them and they will take some unnecessary decision because of what they already have in their mind. So it is better and good to have a good mindset towards Bitcoin because there is high possibility of getting a good return in the long term  if been carried out properly.

[Regardme]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

I think this happens more often to people who isn’t aware or who doesn’t have knowledge of Bitcoin investment, because anyone who has started investing in bitcoin already, will definitely buy more bitcoin when price drops depending on financial capacity and level of risk tolerance. Most persons see it as an opportunity to buy aggressively, thereby increasing their portfolio. Which ever way you buy Bitcoin is okay, in as much as you’re investing and plan on hodl for long term. But it’s alway advisable to invest with your discretionary funds, funds that are left over after all your essential expenses since Bitcoin is a volatile asset, and using DCA strategy which will  help you buy Bitcoin either when low or high.

It is not really about been aware or having Bitcoin knowledge but rather it is about the mindset or mentality some have towards this investment ( Bitcoin), if someone invested in Bitcoin with a fearful mind that they might lose there money then there is every possibility that any slight change in the market will affect them and they will take some unnecessary decision because of what they already have in their mind. So it is better and good to have a good mindset towards Bitcoin because there is high possibility of getting a good return in the long term  if been carried out properly.

Does a no coiner need “mindset” to start investing in bitcoin? From his statement, he’s trying to talk about someone who wants to start investing in bitcoin, not buying when price is low and later regretting why he didn’t buy at dip. For sure, you know that anyone who’s already investing in bitcoin, would always want to take advantage of dip when it comes or even buy aggressively except there’s a financial crisis.

[Gallar]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

Yes, many people do not dare to buy when bitcoin is experiencing a correction or decline, even though if we experience this without deliberately waiting for it, I think we don't need to think long, we must immediately buy bitcoin at that time. Because buying bitcoin while in correction is certainly a golden opportunity that should not be wasted. But it cannot be denied that until now there may still be many people who are too afraid to buy when the price of bitcoin is correcting and in the end do not buy bitcoin because the price rises again. Actually this is very unfortunate, because in my personal opinion the momentum or opportunity to buy bitcoin at this time is really very valuable.

So with this, if you don't want to bother thinking about prices up or down, it's better to just do DCA. Because if you are just waiting for bitcoin correction when going to buy, of course it is also the wrong action. Then when the price of bitcoin goes up and you don't buy too, I think it's also an inappropriate action. Because if we look at the price of bitcoin in general, I think the current bitcoin price is still relatively low. Because if we compare it with the next 10 years, maybe the price is 5 times what it is now, it could even be more expensive. That's why instead of unclear FOMO, it's better to start doing DCA instead.

[Moreno233]

Does a no coiner need “mindset” to start investing in bitcoin? From his statement, he’s trying to talk about someone who wants to start investing in bitcoin, not buying when price is low and later regretting why he didn’t buy at dip. For sure, you know that anyone who’s already investing in bitcoin, would always want to take advantage of dip when it comes or even buy aggressively except there’s a financial crisis.

The answer is a yes because whatever you will achieve is first conceived in the mind. If your mind is not made up, you will be in this forum, follow the discussion and even see that other people are busy arranging their future through Bitcoin yet you will keep floating and procrastinating. This is why majority of the discussion here is tailored towards ensuring that people develop the right mindset towards Bitcoin which include:

• Trusting that Bitcoin is worth investing in and that it is better to think long term like a decade or more.
• Investing with only discretionary income and also setting up emergency funds to protect the investment
• Appreciate the fact that the volatility of Bitcoin is its common attribute and not something to make us panic to the point of selling.
• Employing consistency in Bitcoin investing and never try to wait for the perfect time to buy because every time is perfect for an entry.

If these mindset are not put in their proper perspective, it is possible for the investor to make mistakes. It is important to note that it does not just end with investing in Bitcoin alone, protecting the investment and not giving in to the pressure to sell when the profits start trickling in is also a solemn task every Bitcoin investor should do.

[Kelward]

I get what you’re saying, but I have to point this out, I don’t understand the part you talking about currency, if it is Bitcoin then Bitcoin is not just any currency…

Putting it in the same box as a random currency or tokens is exactly how people miss the bigger picture. With Bitcoin, you’re not just holding for a price pump, you’re holding an asset that had proven itself over and over again..

You're right. Putting Bitcoin with "Just another currency" ruins the essence of it.
Bitcoin is not just another coin that a person trades for small short term gains. It is a decentralized censorship-resistant monetary network that has operated flawlessly for more than a Decade without central authority. It's value is not only in the price appreciation but in the borderless system it provides.
 Unlike fiat currencies which can be printed more or other altcoins which can be changed or abandoned. Bitcoin's monetary policy is transparent, fixed and enforced by the network itself. That's why it's not seen by experts as a speculative asset but the foundation of a  system that can give financial freedom.

Bitcoin is decentralized and it has gone beyond just another currency like the many traditional centralized currencies that governments can wake up and print as much as they want and are prone to inflation. Bitcoin has become a store of value, it has proven to be an asset that has the potentials to be profitable and always reaching new ATH.

As a matter of fact Bitcoin has become more than a digital currency for payments of goods and services like fiat, people hodl it for investment. This is why it's adoption is increasing and smart investors are getting in and continuously buying for the long term.

[ruykeri]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

What I personally think is that it is not right to worry about whether the price of Bitcoin has decreased or increased. And in fact, those who want to invest for a long time by following DCA do not give much importance to price fluctuations. They just buy Bitcoin regularly from their discretionary income. That is why investing in Bitcoin by following DCA is considered so important because investing in Bitcoin in this way reduces the risk comparatively. Because if you just buy and hold it for a long time, you will have to buy and hold a lot of Bitcoins and you need huge amount of money . But if you invest in Bitcoin by following DCA with discretionary income, you do not have to buy it for a lot of money. So you do not spend much money. In addition, discretionary income is the money that remains after all your expenses. So you can spend that money in any way whatever you want . From there, if you invest in Bitcoin regularly. It can be monthly or weekly. Then there will be no financial or moral pressure on you . Apart from this, you  will also create an emergency fund and a reserve fund so that in the future you can take money from there to solve any kind of financial problem.

[Joeboy]

True Man, chasing that so called perfect dip is one of the quickest ways to miss out in Bitcoin.

What I will say and keep saying is that the whole “I am just waiting for the perfect dip” mindset is one of the most common psychological traps that limited so many person  in kick starting their Bitcoin accumulation journey. They tend to convince themselves that they are  being patient and smart, but what’s really happening is they are letting fear of buying “too high” stop them from buying at all

Honestly there is no such thing as a Perfect dip that is why the DCA strategy is very important coz it helps breaks that mental loop( of sitting and waiting for the perfect dip). Making use of DCA strategy stops one from being obsessed over when to buy and focus on actually owning Bitcoin over time.

[MainIbem]

What I will say and keep saying is that the whole “I am just waiting for the perfect dip” mindset is one of the most common psychological traps that limited so many person  in kick starting their Bitcoin accumulation journey. They tend to convince themselves that they are  being patient and smart, but what’s really happening is they are letting fear of buying “too high” stop them from buying at all

Honestly there is no such thing as a Perfect dip that is why the DCA strategy is very important coz it helps breaks that mental loop( of sitting and waiting for the perfect dip). Making use of DCA strategy stops one from being obsessed over when to buy and focus on actually owning Bitcoin over time.

Some were waiting for the perfect dip then Bitcoin got to $100k, they kept waiting for the so called (perfect dip) Bitcoin reach $120k, I guess they're still waiting for the perfect dip and would still watch Bitcoin reach $130k and keep going, some of those perfect dip chaser are not even aware of the opportunities they're missing they would been adding to their portfolio all this while and building for the future earlier but they chose to wait. Those are the kind of folks that wait for the halving period to buy Bitcoin cheaper then wait for it to finish correction then take profits in a short period after they've made gains, that's never how Bitcoin investment operates, to them they might be smart cause waited for the so called perfect dip and made profits forgetting or lacking knowledge of the better profits that waits in the future.

[DubemIfedigbo001]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Yes, you are right, there are many people who do not want to buy when the price is low and later regret it when its price increases. If someone buys Bitcoin when the price is low, then it will reach a high level later and good returns will be obtained from this. I like to invest in long-term investments because if you hold it for a long time, it gives more profit than I expected. There are many who panic when the price drops and sell it. I would tell them to hold on patiently because the Bitcoin market fluctuates a lot, so I would say that after the price drops, it will later exceed the previous position and create a new position and reach a high level. I think Bitcoin is the safest currency to buy, so I always invest in Bitcoin.

There is no specific time to invest in Bitcoin because the price of Bitcoin always goes up and down, in which case we can never determine the price of Bitcoin, so if you are interested in investing, you should not lag behind by saying that the price of Bitcoin has increased, in which case you are expecting dumping. This is a bad habit. When you wait for the price of Bitcoin to be dumped, its price may increase further and you may lag behind. Then you will think again why you did not invest at that price then you will regret it. Bitcoin is cheaper now than in the future because Bitcoin has a limited supply and demand. Then the price of Bitcoin will continue to increase more than we feared. If you have a specific source of income from which you can earn, you can invest with the money earned there, keeping your own necessary expenses and leaving the remaining money, so you use the DCA strategy. You can invest regularly or monthly, because only your large amount of money will bring you big profits. Such thoughts will lead you to greed, then you will lose the price of Bitcoin.  You will panic when you see the fluctuations and if the price of Bitcoin is higher than you bought it, you will think that maybe this is the best time for you so you will want to sell. To avoid such wrong decisions, you should invest using the DCA strategy. This will prevent you from making wrong decisions and not panic

I believe to mitigate the effect of panic when investing, we should be sure to invest with our discretionary income first of all, we all can figure out if we have discretionary income after attending to our expenses. When you invest into bitcoin with finances you would be needing soon, it increases your anxiety about the performance of bitcoin. Having identified that you have access to discretionary income, you can progress to being as aggressive as you can without overdoing it in your regular buys and building out variances of backup funds to safeguard your investment from being tampered at a time you did not choose. You have a higher chance at being resistant to anxiety when you create a balance between your cashflow and your investment into bitcoin and the more you can manage your cashflow better,  the higher your chances of achieving success in your accumulation journey. DCA is there to smoothen the effect of volatility of bitcoin price on your investment.

[HustleZ]

Part of the reason that many of us should want to ongoingly invest into bitcoin for a whole cycle or more  is to help ourselves to get over our concerns about current price, and surely if we are assessing 4-8 years down the road, we likely are going to appreciate that we made a lot of our buys in the past and even if some of our past purchases were at high prices, the passage of time is continuing to contribute towards higher and higher BTC prices and likely more and more difficult to buy bitcoin at similar prices as it had been bought 4-8 year or longer into the past.

When I first got into bitcoin in late 2013, my first purchase was around $1,200 which was a high oint in the market.  So it took right around 3.5 years (in March 2017) before that purchase became consistently profitable and the BTC price discontinued dropping below that level.  Of course, now people really woudl like to get $1,200 bitcoin, and even in late 2018 and into 2019 and 2020, there were some folks still fantasizing about being able to buy bitcoin in the $1,200 region. and there were several folks who were confident that the BTC price had to get back to test that $1,200 level, yet in the several bitcoin price dips in 2018, 2019 and 2020, the lowest it ever got was $3,124, and even the time in March 2020 when BTC prices dipped down to $3,800, there were many folks who thought that $3,800 was a real fluke.. which probably was true since the BTC price largely went shooting up from March 2020 and the biggest dip that we got after March 2020 got us down to $15,479 in November 2022.. and guys would even really love to get some bitcoin for $15,479, and yeah so that 1st purchase of bitcoin at $1,200 in late 2013, is looking like a great bargain right now, and it is not even like folks who started out investing into bitcoin at a $1,200 top in late 2013 would not continue to buy bitcoin in 2014, 2015, and 2016... which resulted in a lot of purchases that were quite a bit below the initial $1,200 purchase..

I think zooming out and thinking in terms of cycles is a powerful mindset regarding bitcoin.

When buy and hodl over a long time. (About 5-8 years) the high prices you once though were painful or feeling too late to buy starts to look like bargains. The example you shared of $1200 from late 2013  proves it perfectly. At that time it would have seemed too much price to buy but years later the price is just laughable compared to BTC price right now. The key is To invest time to time in the market because DCA'ing smoothens the volatility out. Even if you didn't have a perfect entry it doesn't matter. In 2013, there were chances of getting btc below $1200 but if someone bought it that high they made their average price down by DCA'ing and would have become profitable very early.

We've seen this many times

• people in 2018 dreamt of having BTC at $1200 yet never got it  
• people in 2020 dreamt of having Btc at $3800 but never got it
• Now people would love BTC at $15k but a few years from now they would want BTC at $118k

The lesson we get is that there is no perfect time to buy BTC but the only way is to DCA and continue investing your discretionary income. There will be day when just owning BTC no matter the quantity will be people's dream and wish they had bought or earned it.