Buy Buy Buy or Sell Sell Sell?

[aphelio_wane]

Yes, life is about probability. Everyone is waiting for something good. But if you want to compare investing in Bitcoin with other investments, then I would disagree.

We can invest in different things. Gold, silver, diamonds, land or shares of good companies, etc. Many people invest in these things with the possibility of a good future. But many times they do not get the expected profit. But Bitcoin has been in the same shape since its inception. Everyone knows that the price of Bitcoin goes up and down. It is possible to make a profit if you invest in the long term. If someone invests in Bitcoin in the short term, there is a possibility of making a profit, but most people will lose money. But if someone invests in the long term, then over time he will definitely make a profit. So even knowing the guaranteed profit, if someone does not want to take the risk of investment, then his life will be spent on probability, he can never be sure.

All in all, I am saying that although life is full of possibilities, but I see investing in Bitcoin as a sure thing in the long term.

I can't agree with you at all, you say you see long-term investment in Bitcoin as a sure thing, but how is that? Where do you get the assurance that Bitcoin will definitely give you profit in the future? The reality is that it is only a possibility, you manage everything correctly, you hold Bitcoin correctly in the long term, and you manage everything correctly, but also even then, you will not get any kind of guarantee of future profits. There are risks everywhere, and Bitcoin is no exception, but you say " if someone invests in the long term, then over time he will definitely make a profit.", this is completely wrong, yes, its potential in the long term is huge, but calling it a "guaranteed profit" is very wrong. Bitcoin is not a place of guaranteed profit, Bitcoin investment is always a mix of risk and possibility, so you have to manage your investment based only on bitcoin future possibility, you should consciously accept the risk and then invest in Bitcoin, but seeing long term bitcoin investment as an absolute guarantee of profit, it can create a misconception, so first understand Bitcoin.

The curious thing is that Bitcoin has been proven to renew its ATHs after any major dip, unlike thousands and thousands of other coins. So it's true, but only based on the past. In this sense, I understand why many see it as a guaranteed long-term profit.

On the other hand, there will be a moment when a final ATH will be set. Neither I nor you know if this ATH, or hundreds after this, will be the absolute ATH. So as much as I want it to keep rising, one needs to understand that all predictions are based on the past. And while long-term profit is likely, it's not guaranteed.

It's not necessarily a bad thing, but it's something one needs to keep in mind when crafting their investment strategy.

[Silikiem]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

Well there's a stage you don't need DCA strategy anymore that stage is when you have reached a fuck you stage, in this stage you have already accumulated enough Bitcoin and you can even decide not to work anymore and your accumulated Bitcoin can serve as your source of income and you can use it to settle basic needs, at this stage you can only be accumulating Bitcoin when Bitcoin dips.
Apart from this stage there's no time you should stop using DCA strategy because DCA strategy is one of the best strategy for Bitcoin investment, DCA strategy helps you be consistent and fast in your accumulation journey.

I think every investor have the privilege to decide to switch or mix his accumulation pattern which understandably suits his own cash flows at any point in time. Although it’s pertinent that a newbie investor should be able to accumulate and invest regularly with the DCA method of accumulation either weekly or monthly, but at some point, they can also decide depending on the cash they have or an extra money which comes in to use it to lump sum. More so, if an investor accumulates a reasonable large portion of bitcoin and hold over time then there’s nothing wrong if he chooses to buy the dip, and that’s why dip buying is not for newbie investors because there’s every tendency that they will wait until its dip before they can accumulate bitcoin, which of course is a very wrong investment approach for them.

[ejikeme24]

they can also decide depending on the cash they have or an extra money which comes in to use it to lump sum. More so, if an investor accumulates a reasonable large portion of bitcoin and hold over time then there’s nothing wrong if he chooses to buy the dip, and that’s why dip buying is not for newbie investors because there’s every tendency that they will wait until its dip before they can accumulate bitcoin, which of course is a very wrong investment approach for them.

You're just mixing everything up, the fact is a low coiner or a no coiner is not supposed to wait for dip to occur before attempting to buy, as a newbie is advised to stick to the DCA. while going with this method there's every tendency that you will meet a good buying opportunity then you can use that opportunity to front load your investment instead of wasting the whole time, i agree with you when you said that there's nothing wrong if a guy chooses to buy the dip, but this approach is supposed to be applied when they must have reach the status of overaccumulation and not when they're still struggling to reach thier investment goal because going with this approach when you have not stack enough bitcoin in your portfolio is like a waste of time.

[Showlove01]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

You should not find the statement troublesome because when an investor has gotten to overaccumulation stage or their desire goal they would not be need to be investing like the initial time when they were still trying to grow their portfolio and so yes, at this stage of overaccumulation you don't or you may not need to be doing DCA every week or month but that doesn't mean you will stop investing rather your zeal, your drive to accumulate and grow portfolio will change because you have gotten what you want already.

[Sonia_123]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

Well there's a stage you don't need DCA strategy anymore that stage is when you have reached a fuck you stage, in this stage you have already accumulated enough Bitcoin and you can even decide not to work anymore and your accumulated Bitcoin can serve as your source of income and you can use it to settle basic needs, at this stage you can only be accumulating Bitcoin when Bitcoin dips.
Apart from this stage there's no time you should stop using DCA strategy because DCA strategy is one of the best strategy for Bitcoin investment, DCA strategy helps you be consistent and fast in your accumulation journey.

Are you now saying that in the fuck you stage all you have to be doing is just taking of profit to settle your basic needs because you have gotten to your over accumulation stage you should take a break from investing and only spend? No that is not right because your investment will not be increasing but reducing, because you are not adding, then do do people even the rich still work daily to earn more more if all they have can sustain them through it their life time, this is a wrong mindset and mentality because you can end up becoming a low or not coiner within a short period of time because you are just spending and not adding up to your investment.

Using the dca strategy is good at all stages even if you have gotten to your over accumulation stage than waiting for the dip before buying, at least it will help you remain regular  in accumulation, I see it as even more easier at this stage because it will be more stress less than ever, the dip might be more expensive tat your set aside funds for it.

It is advisable not to stop accumulating even if you have gotten to your over accumulation stage  because you don't know what will happen next, since your basic expenses might just be outrageous at anytime .

[laijsica]

they can also decide depending on the cash they have or an extra money which comes in to use it to lump sum. More so, if an investor accumulates a reasonable large portion of bitcoin and hold over time then there’s nothing wrong if he chooses to buy the dip, and that’s why dip buying is not for newbie investors because there’s every tendency that they will wait until its dip before they can accumulate bitcoin, which of course is a very wrong investment approach for them.

You're just mixing everything up, the fact is a low coiner or a no coiner is not supposed to wait for dip to occur before attempting to buy, as a newbie is advised to stick to the DCA. while going with this method there's every tendency that you will meet a good buying opportunity then you can use that opportunity to front load your investment instead of wasting the whole time, i agree with you when you said that there's nothing wrong if a guy chooses to buy the dip, but this approach is supposed to be applied when they must have reach the status of overaccumulation and not when they're still struggling to reach thier investment goal because going with this approach when you have not stack enough bitcoin in your portfolio is like a waste of time.

It is not wrong for new investors to want to buy dips. Initially it can be an encouraging investment for them. Many investors still think that the price of Bitcoin is too high. The idea of those investors is completely wrong because Bitcoin is still in its early stages. You will find many dips in the price fluctuations and volatility. It should be considered that the current price situation is a suitable price for you. Investors who regularly follow the DCA method to buy Bitcoin have already started to struggle for the dip price.

For them this method is so easy that with the accumulation each buying price hits the portfolio and can hold a sufficient Bitcoins through long term price fluctuations. It is wise for investors to increase the size of the portfolio by adding additional front load during the dip season during regular Bitcoin.

[JayJuanGee]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

Well there's a stage you don't need DCA strategy anymore that stage is when you have reached a fuck you stage, in this stage you have already accumulated enough Bitcoin and you can even decide not to work anymore and your accumulated Bitcoin can serve as your source of income and you can use it to settle basic needs, at this stage you can only be accumulating Bitcoin when Bitcoin dips.
Apart from this stage there's no time you should stop using DCA strategy because DCA strategy is one of the best strategy for Bitcoin investment, DCA strategy helps you be consistent and fast in your accumulation journey.

Are you now saying that in the fuck you stage all you have to be doing is just taking of profit to settle your basic needs because you have gotten to your over accumulation stage you should take a break from investing and only spend? No that is not right because your investment will not be increasing but reducing, because you are not adding, then do do people even the rich still work daily to earn more more if all they have can sustain them through it their life time, this is a wrong mindset and mentality because you can end up becoming a low or not coiner within a short period of time because you are just spending and not adding up to your investment.

Using the dca strategy is good at all stages even if you have gotten to your over accumulation stage than waiting for the dip before buying, at least it will help you remain regular  in accumulation, I see it as even more easier at this stage because it will be more stress less than ever, the dip might be more expensive tat your set aside funds for it.

It is advisable not to stop accumulating even if you have gotten to your over accumulation stage  because you don't know what will happen next, since your basic expenses might just be outrageous at anytime .

Once a person reaches overaccumulation status then he might choose to pause any new buying, and he might have a period where he is neither buying or selling, and perhaps once he starts to withdraw, then if the dollar value of his bitcoin holdings is growing faster than his withdrawal rate then he does not need to keep buying..

Do we need to give an example?

It is optional to keep buying once a guy reaches overaccumulation status, and sure he might make mistakes and come to conclude that he is in overaccumulation status and he is not.  He also might not really know what overaccumulation status is, so if he does not know, then he is also more likely to make mistakes.

I would think that if someone spends 4-10 years or longer accumulating bitcoin, he might be able to develop skills so that he is able to assess when he has reached overaccumulation status. 

I would think that the more common mistakes in bitcoin are related to guys failing to accumulate enough or selling too soon or not really knowing how to manage their bitcoin holdings so that they can sustainably hang onto it, so sure I can see why guys might be nervous about making sure that they have enough bitcoin or more than enough, since guys are likely to make mistakes because they will come to believe that it is good to draw down the principle when it is probably better to withdraw in a way that is less than the rate that the bitcoin is growing in value.. and yeah, guys may also disagree about these ideas about how much bitcoin to accumulate and when they can transition into being able to sell their bitcoin.

[Barrykbest]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

Well there's a stage you don't need DCA strategy anymore that stage is when you have reached a fuck you stage, in this stage you have already accumulated enough Bitcoin and you can even decide not to work anymore and your accumulated Bitcoin can serve as your source of income and you can use it to settle basic needs, at this stage you can only be accumulating Bitcoin when Bitcoin dips.
Apart from this stage there's no time you should stop using DCA strategy because DCA strategy is one of the best strategy for Bitcoin investment, DCA strategy helps you be consistent and fast in your accumulation journey.

Are you now saying that in the fuck you stage all you have to be doing is just taking of profit to settle your basic needs because you have gotten to your over accumulation stage you should take a break from investing and only spend? No that is not right because your investment will not be increasing but reducing, because you are not adding, then do do people even the rich still work daily to earn more more if all they have can sustain them through it their life time, this is a wrong mindset and mentality because you can end up becoming a low or not coiner within a short period of time because you are just spending and not adding up to your investment.

Using the dca strategy is good at all stages even if you have gotten to your over accumulation stage than waiting for the dip before buying, at least it will help you remain regular  in accumulation, I see it as even more easier at this stage because it will be more stress less than ever, the dip might be more expensive tat your set aside funds for it.

It is advisable not to stop accumulating even if you have gotten to your over accumulation stage  because you don't know what will happen next, since your basic expenses might just be outrageous at anytime .

Once a person reaches overaccumulation status then he might choose to pause any new buying, and he might have a period where he is neither buying or selling, and perhaps once he starts to withdraw, then if the dollar value of his bitcoin holdings is growing faster than his withdrawal rate then he does not need to keep buying..

Do we need to give an example?

It is optional to keep buying once a guy reaches overaccumulation status, and sure he might make mistakes and come to conclude that he is in overaccumulation status and he is not.  He also might not really know what overaccumulation status is, so if he does not know, then he is also more likely to make mistakes.

I would think that if someone spends 4-10 years or longer accumulating bitcoin, he might be able to develop skills so that he is able to assess when he has reached overaccumulation status. 

I would think that the more common mistakes in bitcoin are related to guys failing to accumulate enough or selling too soon or not really knowing how to manage their bitcoin holdings so that they can sustainably hang onto it, so sure I can see why guys might be nervous about making sure that they have enough bitcoin or more than enough, since guys are likely to make mistakes because they will come to believe that it is good to draw down the principle when it is probably better to withdraw in a way that is less than the rate that the bitcoin is growing in value.. and yeah, guys may also disagree about these ideas about how much bitcoin to accumulate and when they can transition into being able to sell their bitcoin.

From my own experience I’d be careful about totally stopping DCA once you think you’ve reached ‘over-accumulation’. Expenses, taxes and price swings can shrink a stack faster than expected. Even if it’s a small amount, keeping some regular buys going alongside an emergency fund helps your holdings stay ahead of inflation and keeps you disciplined.

[Gost ms]

The curious thing is that Bitcoin has been proven to renew its ATHs after any major dip, unlike thousands and thousands of other coins. So it's true, but only based on the past. In this sense, I understand why many see it as a guaranteed long-term profit.

On the other hand, there will be a moment when a final ATH will be set. Neither I nor you know if this ATH, or hundreds after this, will be the absolute ATH. So as much as I want it to keep rising, one needs to understand that all predictions are based on the past. And while long-term profit is likely, it's not guaranteed.

It's not necessarily a bad thing, but it's something one needs to keep in mind when crafting their investment strategy.

Bitcoin should never be compared with other coins in the market, as it seems to be an insult to Bitcoin. Because in a jungle, there is a king, and Bitcoin is the king of all these coins. For this, it is never right to compare Bitcoin with any other coin.

The future results can never be determined by looking at the past results. If a person invests by looking at the past results, then he may not be able to hold his holding for a very long time. Because when the market falls, he may get scared and sell his holding. No one can say when and what will happen in the Bitcoin market. Because Bitcoin is never in anyone's hands, no bank or any person is managing Bitcoin. So the future can never be determined by looking at the past results. But yes, if a person holds his holding for a long time, then the chances of success are much higher.

[Bd officer]

. And while long-term profit is likely, it's not guaranteed.

It is true that there is no guarantee that investing in Bitcoin will make a profit. However, we have to consider some aspects, Bitcoin popularity is increasing day by day, different countries have started to keep Bitcoin as a strategic reserve and famous companies are holding Bitcoin, such as MSTR Company, which has made a long-term plan. And more people than before are interested in investing in Bitcoin, so we can expect that the price of Bitcoin will increase much more in the future due to the limited supply of Bitcoin. Because the more demand for Bitcoin increases, the more the price will increase, because even if the demand increases, the supply will not increase. Therefore, if there is no 100% guarantee of profit in the future, we hope that long-term investment will have a higher probability of profit.

[Bigjoe33]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

A new investor in Bitcoin who has started his accumulation journey using the DCA strategy can as well in a long run accumulate Bitcoin by buying the Dip if an opportunity of Dip comes, and of course, this should be when or if he has been able to save up extra cash form discretionary for this sole purpose. An investor is never restricted to only the DCA strategy. Chances are, if you have raised your emergency funds and other back up funds, there is nothing wrong if he buys the lump sum too, provided you have taken care of all expenses andthere is an extra cash which comes from increased income and /or discretionary. This will help to increase the amount of your Bitcoin assets faster than just the DCAing, or better still, you can equally increase your DCA quota per week or monthly depending on your accumulation period.

[Derekfunds]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

A new investor in Bitcoin who has started his accumulation journey using the DCA strategy can as well in a long run accumulate Bitcoin by buying the Dip if an opportunity of Dip comes, and of course, this should be when or if he has been able to save up extra cash form discretionary for this sole purpose. An investor is never restricted to only the DCA strategy. Chances are, if you have raised your emergency funds and other back up funds, there is nothing wrong if he buys the lump sum too, provided you have taken care of all expenses andthere is an extra cash which comes from increased income and /or discretionary. This will help to increase the amount of your Bitcoin assets faster than just the DCAing, or better still, you can equally increase your DCA quota per week or monthly depending on your accumulation period.

No one said that investors that uses DCA are restricted from using other method or stretagy and that will be a wrong teaching because it can mislead newbie not to take advantage when dip comes and they already have enough or more than enough to buy during that Dip or front load. As a matter of fact these three methods or strategy of holding Bitcoin can be combined together if you are an investor that actually have the capacity to do that. I think lump sum is mostly or majorly for investor with strong financial strength but someone who doesn't have a strong financial strength should not feel intimidated but rather focus on your DCA by accumulating little by little and they will surely get there by consistency.

[gracreavix]

The curious thing is that Bitcoin has been proven to renew its ATHs after any major dip, unlike thousands and thousands of other coins. So it's true, but only based on the past. In this sense, I understand why many see it as a guaranteed long-term profit.

On the other hand, there will be a moment when a final ATH will be set. Neither I nor you know if this ATH, or hundreds after this, will be the absolute ATH. So as much as I want it to keep rising, one needs to understand that all predictions are based on the past. And while long-term profit is likely, it's not guaranteed.

It's not necessarily a bad thing, but it's something one needs to keep in mind when crafting their investment strategy.

Bitcoin should never be compared with other coins in the market, as it seems to be an insult to Bitcoin. Because in a jungle, there is a king, and Bitcoin is the king of all these coins. For this, it is never right to compare Bitcoin with any other coin.

The future results can never be determined by looking at the past results. If a person invests by looking at the past results, then he may not be able to hold his holding for a very long time. Because when the market falls, he may get scared and sell his holding. No one can say when and what will happen in the Bitcoin market. Because Bitcoin is never in anyone's hands, no bank or any person is managing Bitcoin. So the future can never be determined by looking at the past results. But yes, if a person holds his holding for a long time, then the chances of success are much higher.

Perhaps the strongest point here is that Bitcoin stands in a category of its own, so comparing it with other coins often misses the bigger picture. Even if people try to use past charts to predict the future, markets don’t move in straight lines, and relying only on history can set investors up for panic when volatility strikes. Because Bitcoin is decentralized and outside the control of banks or governments, no one can dictate its shortterm direction. What really matters is understanding the fundamentals scarcity, adoption, and resilienceand then having the patience to hold through the noise. In that sense, long term conviction matters far more than trying to guess the next move based on yesterday’s patterns.

[Kagaru]

The curious thing is that Bitcoin has been proven to renew its ATHs after any major dip, unlike thousands and thousands of other coins. So it's true, but only based on the past. In this sense, I understand why many see it as a guaranteed long-term profit.

On the other hand, there will be a moment when a final ATH will be set. Neither I nor you know if this ATH, or hundreds after this, will be the absolute ATH. So as much as I want it to keep rising, one needs to understand that all predictions are based on the past. And while long-term profit is likely, it's not guaranteed.

It's not necessarily a bad thing, but it's something one needs to keep in mind when crafting their investment strategy.

Bitcoin should never be compared with other coins in the market, as it seems to be an insult to Bitcoin. Because in a jungle, there is a king, and Bitcoin is the king of all these coins. For this, it is never right to compare Bitcoin with any other coin.

The future results can never be determined by looking at the past results. If a person invests by looking at the past results, then he may not be able to hold his holding for a very long time. Because when the market falls, he may get scared and sell his holding. No one can say when and what will happen in the Bitcoin market. Because Bitcoin is never in anyone's hands, no bank or any person is managing Bitcoin. So the future can never be determined by looking at the past results. But yes, if a person holds his holding for a long time, then the chances of success are much higher.

An important point here is the difference between confidence and blind faith. Bitcoin has made us optimistic with its past performance, but investment decisions should never be based solely on history.
Personally, I think that people who make decisions based solely on ATH often ignore reality. For example, those who thought BTC would directly exceed 100K after 2021, if they did not take profits in time, later fell into a 50% drawdown.

Another important point is that holding requires mental preparation. If someone holds just by looking at the past, but does not have that determination in their mind, then they will easily get nervous in a bear market.

[Cossyblack]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

Well there's a stage you don't need DCA strategy anymore that stage is when you have reached a fuck you stage, in this stage you have already accumulated enough Bitcoin and you can even decide not to work anymore and your accumulated Bitcoin can serve as your source of income and you can use it to settle basic needs, at this stage you can only be accumulating Bitcoin when Bitcoin dips.
Apart from this stage there's no time you should stop using DCA strategy because DCA strategy is one of the best strategy for Bitcoin investment, DCA strategy helps you be consistent and fast in your accumulation journey.

Are you now saying that in the fuck you stage all you have to be doing is just taking of profit to settle your basic needs because you have gotten to your over accumulation stage you should take a break from investing and only spend? No that is not right because your investment will not be increasing but reducing, because you are not adding, then do do people even the rich still work daily to earn more more if all they have can sustain them through it their life time, this is a wrong mindset and mentality because you can end up becoming a low or not coiner within a short period of time because you are just spending and not adding up to your investment.

Using the dca strategy is good at all stages even if you have gotten to your over accumulation stage than waiting for the dip before buying, at least it will help you remain regular  in accumulation, I see it as even more easier at this stage because it will be more stress less than ever, the dip might be more expensive tat your set aside funds for it.

It is advisable not to stop accumulating even if you have gotten to your over accumulation stage  because you don't know what will happen next, since your basic expenses might just be outrageous at anytime .

Once a person reaches overaccumulation status then he might choose to pause any new buying, and he might have a period where he is neither buying or selling, and perhaps once he starts to withdraw, then if the dollar value of his bitcoin holdings is growing faster than his withdrawal rate then he does not need to keep buying..

Do we need to give an example?

It is optional to keep buying once a guy reaches overaccumulation status, and sure he might make mistakes and come to conclude that he is in overaccumulation status and he is not.  He also might not really know what overaccumulation status is, so if he does not know, then he is also more likely to make mistakes.

I would think that if someone spends 4-10 years or longer accumulating bitcoin, he might be able to develop skills so that he is able to assess when he has reached overaccumulation status. 

I would think that the more common mistakes in bitcoin are related to guys failing to accumulate enough or selling too soon or not really knowing how to manage their bitcoin holdings so that they can sustainably hang onto it, so sure I can see why guys might be nervous about making sure that they have enough bitcoin or more than enough, since guys are likely to make mistakes because they will come to believe that it is good to draw down the principle when it is probably better to withdraw in a way that is less than the rate that the bitcoin is growing in value.. and yeah, guys may also disagree about these ideas about how much bitcoin to accumulate and when they can transition into being able to sell their bitcoin.

From my own experience I’d be careful about totally stopping DCA once you think you’ve reached ‘over-accumulation’. Expenses, taxes and price swings can shrink a stack faster than expected. Even if it’s a small amount, keeping some regular buys going alongside an emergency fund helps your holdings stay ahead of inflation and keeps you disciplined.

Just like what JJG have said earlier which i have just highlighted, that If you intend to continue DCAing after reaching your Over-accumulation status,its your choice since its optional.  Your bitcoin stack would start shrinking if your withdrawal rate is higher than the growing rate of your bitcoin holding. If that's the case, you may want to settle for a Job to take care of your Personal Expenses & taxes instead of focusing all of that pressure towards your bitcoin portfolio.

[Barikui1]

.
Another important point is that holding requires mental preparation. If someone holds just by looking at the past, but does not have that determination in their mind, then they will easily get nervous in a bear market.

As a Bitcoin investor that really want to develop a strong holding hands, you don't need to worry yourself about the past, just put down measures that protects your investment, like having an emergency and reserve funds in place, so that you wouldn't be forced to sell when you never planned to, let it be noted that if you decide to sell in the future when you have gotten to that over accumulation status, let it be on your own terms not from the place of emergency situation or lack.

Lastly, Any Bitcoin Investor that doesn't believe in it and it potential shouldn't be investing in it in the first place, because he will likely panic and sell anytime their is a dip in the market or he heard one or two bad news about Bitcoin, so having faith in it ability to appreciate overtime is one thing that has spur Investors over the years to invest in Bitcoin without thinking twice.

[Davian144]

>>>

>>>

Perhaps the strongest point here is that Bitcoin stands in a category of its own, so comparing it with other coins often misses the bigger picture. Even if people try to use past charts to predict the future, markets don’t move in straight lines, and relying only on history can set investors up for panic when volatility strikes. Because Bitcoin is decentralized and outside the control of banks or governments, no one can dictate its shortterm direction. What really matters is understanding the fundamentals scarcity, adoption, and resilienceand then having the patience to hold through the noise. In that sense, long term conviction matters far more than trying to guess the next move based on yesterday’s patterns.

Investors who think differently and have the mental fortitude to remain confident in Bitcoin will never be swayed by short-term predictions or be intimidated by the volatility that often plagues the market. This is evident in the number of investors who remain in Bitcoin and the continued increase in new investors, driven by the influence of scarcity, adoption, and resilience. So, we all need not be afraid or doubtful about Bitcoin because it is on a different path than all other coins, making it unworthy of comparison. Other coins lack the scarcity, adoption, and resilience of Bitcoin.

Now is still a good time for new investors to continue buying Bitcoin before the price rises again to its highest price this month. Because in the long term, Bitcoin consistently performs best throughout its market cycles, and this has also been experienced by long-time investors who have held Bitcoin for a long time and have never grown weary of sticking with it forever.

[Tungbulu]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

Well there's a stage you don't need DCA strategy anymore that stage is when you have reached a fuck you stage, in this stage you have already accumulated enough Bitcoin and you can even decide not to work anymore and your accumulated Bitcoin can serve as your source of income and you can use it to settle basic needs, at this stage you can only be accumulating Bitcoin when Bitcoin dips.
Apart from this stage there's no time you should stop using DCA strategy because DCA strategy is one of the best strategy for Bitcoin investment, DCA strategy helps you be consistent and fast in your accumulation journey.

Are you now saying that in the fuck you stage all you have to be doing is just taking of profit to settle your basic needs because you have gotten to your over accumulation stage you should take a break from investing and only spend? No that is not right because your investment will not be increasing but reducing, because you are not adding, then do do people even the rich still work daily to earn more more if all they have can sustain them through it their life time, this is a wrong mindset and mentality because you can end up becoming a low or not coiner within a short period of time because you are just spending and not adding up to your investment.

Using the dca strategy is good at all stages even if you have gotten to your over accumulation stage than waiting for the dip before buying, at least it will help you remain regular  in accumulation, I see it as even more easier at this stage because it will be more stress less than ever, the dip might be more expensive tat your set aside funds for it.

It is advisable not to stop accumulating even if you have gotten to your over accumulation stage  because you don't know what will happen next, since your basic expenses might just be outrageous at anytime .

Once a person reaches overaccumulation status then he might choose to pause any new buying, and he might have a period where he is neither buying or selling, and perhaps once he starts to withdraw, then if the dollar value of his bitcoin holdings is growing faster than his withdrawal rate then he does not need to keep buying..

Do we need to give an example?

It is optional to keep buying once a guy reaches overaccumulation status, and sure he might make mistakes and come to conclude that he is in overaccumulation status and he is not.  He also might not really know what overaccumulation status is, so if he does not know, then he is also more likely to make mistakes.

I would think that if someone spends 4-10 years or longer accumulating bitcoin, he might be able to develop skills so that he is able to assess when he has reached overaccumulation status. 

I would think that the more common mistakes in bitcoin are related to guys failing to accumulate enough or selling too soon or not really knowing how to manage their bitcoin holdings so that they can sustainably hang onto it, so sure I can see why guys might be nervous about making sure that they have enough bitcoin or more than enough, since guys are likely to make mistakes because they will come to believe that it is good to draw down the principle when it is probably better to withdraw in a way that is less than the rate that the bitcoin is growing in value.. and yeah, guys may also disagree about these ideas about how much bitcoin to accumulate and when they can transition into being able to sell their bitcoin.

Over accumulation is indeed a very interesting concept because it shows that an investor has at some point managed to reach their asset goals, and at this point, it is no longer necessary to continue buying more bitcoin. And it is a concept that every Investor needs to be very knowledgeable about because just as you mentioned a lot of folks find it really hard or difficult to define. What having enough should be like as it can be very subjective and also prone to mistakes. Some investors end up making the mistakes of feeling like they have actually reached a state of over accumulation and then stop accumulating bitcoin, I need to find out later on that they were wrong and then starts regretting.

If someone has been around the space for a long time, for instance, like 2 to 3 cycles of disciplined buying, then they must have not only built a solid portfolio but also a much better intuition about volatility as well as their own personal financial thresholds. At this point, it is their experience in the space that mostly hints them whether or not they’ve reached a state of overacculation or they’re simply just being overly confident about their stash. It is even possible for those who are considered to be seasoned investors to misjudge how long they’ll need to keep on accumulating or their withdrawal needs or even their growth rates.

I also like the part you mentioned that the biggest risks are usually on the front end, that’s 100% true, some folks sell off too soon, and some fail to accumulate enough or end up losing their convictions due to a sudden market downturn, but when investors have overcome these phases and have actually reached a state of over accumulation, their mentality now shifts from accumulation to preservation, it’s no longer about how to accumulate more bitcoins but more about how to make sure they withdraw strategically to avoid messing up the stability of your investment, and this is exactly where the actual discipline comes to play. You need to develop that mindset of maintaining the growth of your asset while still tapping into your bitcoin in a strategic manner.

That being said, everyone has their own various perspectives on what’s optimal, for some folks, it’s more about maximizing generational wealth, and to others, they feel it’s fair enough to enjoy what they’ve worked so hard for to build in their lifetime. And it is very normal for folks to decide how to really manage their bitcoin portfolio right after they’ve reached over accumulation because it all depends on their individual risk tolerance, their time horizon and most importantly, their overall financial goals.

[SuperBitMan]

You're indirectly talking about buying only dips here, newbies aren't supposed to be encouraged to buy simply because there's a presumed dip but should get started and continue buying regardless of the market price movement. For a good discipline, as long as newbies are sure they have discretionary income present,

It will never be logical to just wait for a fall. Rather, it will be a waste of time and lack of confidence. A new investor should never be encouraged to fall. Buy from the current market price, but keep the investment management consistent even through the DCA strategy.

If there is a fall while your investment is consistent, try to buy more units from prudent income.

And keep an emergency fund and backup fund along with the investment. The emergency fund will be your danger companion that will save you from sudden danger.

Follow the DCA strategy while investing in the first stage. And try to increase the portfolio slowly. This will make your investment sound and risk-free.

So after the first stage the investor should discard using the DCA method is that what you are saying? While I agree some of the things you said here, I quite find this particular statement I highlighted troublesome. As an investor, I don't think there should be a stage you should discard using the DCA method if you want to get most out of your accumulation journey. Utilise the DCA method from the beginning to the end of your accumulation phase and you will derive more value in your portfolio.

Well there's a stage you don't need DCA strategy anymore that stage is when you have reached a fuck you stage, in this stage you have already accumulated enough Bitcoin and you can even decide not to work anymore and your accumulated Bitcoin can serve as your source of income and you can use it to settle basic needs, at this stage you can only be accumulating Bitcoin when Bitcoin dips.
Apart from this stage there's no time you should stop using DCA strategy because DCA strategy is one of the best strategy for Bitcoin investment, DCA strategy helps you be consistent and fast in your accumulation journey.

Are you now saying that in the fuck you stage all you have to be doing is just taking of profit to settle your basic needs because you have gotten to your over accumulation stage you should take a break from investing and only spend? No that is not right because your investment will not be increasing but reducing, because you are not adding, then do do people even the rich still work daily to earn more more if all they have can sustain them through it their life time, this is a wrong mindset and mentality because you can end up becoming a low or not coiner within a short period of time because you are just spending and not adding up to your investment.

Using the dca strategy is good at all stages even if you have gotten to your over accumulation stage than waiting for the dip before buying, at least it will help you remain regular  in accumulation, I see it as even more easier at this stage because it will be more stress less than ever, the dip might be more expensive tat your set aside funds for it.

It is advisable not to stop accumulating even if you have gotten to your over accumulation stage  because you don't know what will happen next, since your basic expenses might just be outrageous at anytime .

Once a person reaches overaccumulation status then he might choose to pause any new buying, and he might have a period where he is neither buying or selling, and perhaps once he starts to withdraw, then if the dollar value of his bitcoin holdings is growing faster than his withdrawal rate then he does not need to keep buying..

Do we need to give an example?

It is optional to keep buying once a guy reaches overaccumulation status, and sure he might make mistakes and come to conclude that he is in overaccumulation status and he is not.  He also might not really know what overaccumulation status is, so if he does not know, then he is also more likely to make mistakes.

I would think that if someone spends 4-10 years or longer accumulating bitcoin, he might be able to develop skills so that he is able to assess when he has reached overaccumulation status. 

I would think that the more common mistakes in bitcoin are related to guys failing to accumulate enough or selling too soon or not really knowing how to manage their bitcoin holdings so that they can sustainably hang onto it, so sure I can see why guys might be nervous about making sure that they have enough bitcoin or more than enough, since guys are likely to make mistakes because they will come to believe that it is good to draw down the principle when it is probably better to withdraw in a way that is less than the rate that the bitcoin is growing in value.. and yeah, guys may also disagree about these ideas about how much bitcoin to accumulate and when they can transition into being able to sell their bitcoin.

JayJuanGee I think in other for someone to prevent making mistakes when he or she has reached overaccumulation stage the best thing to do is to withdraw only when the price of Bitcoin doubles, I learnt this from you and it's very effective, with this strategy it won't affect one's Bitcoin investment now if one is using this strategy in withdrawing his or her Bitcoin he or she don't need to depend on Bitcoin only he or she needs to be working since it may take a long time before a price doubles in Bitcoin so while waiting for the price to double he or she can be using the income he or she gets from there job to get there basic needs.
The only time you can get into a problem is when you depend only on your Bitcoin investment even if you have accumulated Enough or you have reached overaccumulation stage you don't have to depend only your Bitcoin investment for your survival except you have thousands of Bitcoin

[ultrloa]

Are you now saying that in the fuck you stage all you have to be doing is just taking of profit to settle your basic needs because you have gotten to your over accumulation stage you should take a break from investing and only spend? No that is not right because your investment will not be increasing but reducing, because you are not adding, then do do people even the rich still work daily to earn more more if all they have can sustain them through it their life time, this is a wrong mindset and mentality because you can end up becoming a low or not coiner within a short period of time because you are just spending and not adding up to your investment.

Using the dca strategy is good at all stages even if you have gotten to your over accumulation stage than waiting for the dip before buying, at least it will help you remain regular  in accumulation, I see it as even more easier at this stage because it will be more stress less than ever, the dip might be more expensive tat your set aside funds for it.

It is advisable not to stop accumulating even if you have gotten to your over accumulation stage  because you don't know what will happen next, since your basic expenses might just be outrageous at anytime .

Once a person reaches overaccumulation status then he might choose to pause any new buying, and he might have a period where he is neither buying or selling, and perhaps once he starts to withdraw, then if the dollar value of his bitcoin holdings is growing faster than his withdrawal rate then he does not need to keep buying..

Do we need to give an example?

It is optional to keep buying once a guy reaches overaccumulation status, and sure he might make mistakes and come to conclude that he is in overaccumulation status and he is not.  He also might not really know what overaccumulation status is, so if he does not know, then he is also more likely to make mistakes.

This is really a good phase that will happen to investor since it will lessen up the pressure of thinking about they should buy more Bitcoin since for reaching that level is like they have freedom to choose whether they continue buy now or just relax then do this later since they already hit their targets.

But I would rather choose to buy more since for many good things happened in terms of adoption and recognition. My confidence level goes high that I can use Bitcoin for retirement, that's why I continue accumulating then let see if I could able to hit that goal without getting bothered by future events, but most likely will not since I know Bitcoin is good asset to hold.