Buy Buy Buy or Sell Sell Sell?

[Sim_card]

One thing about investing for the long term is that a relatively modest amount invested could end up adding up to a lot invested, so even though in the short-to-medium term, there might be some difficulties in measuring the amount of value that is retained, but there seems to be a bit of a likelihood for some kind of an upward price trajectory that could happen somewhere down the road.. or mayb even several upward price trajectories, so even someone who is investing relatively modestly, might be able to measure a lot of progress from the over the years modest contributions that end up outperforming other places that the value might have had been kept.. while at the same time, it is not guaranteed to actually go up in value.. but that is true with any investment that we choose to allocate into, we might have some investments that outperform other investments.

so in essence, the main implication or thought process of long term holding should be looked at as a medium through which we can build strong portfolio overtime in such a way that our modest contribution over these years will place the value of our asset in a possition that's possibly better than saving it in fiat or investing it in another asset. in order words, while it's not 💯 certain that Bitcoin will get to the value most persons are speculating in the long,  from the compounding effect of making regular buys over a long timeframe, you're certain to have succesfully built a good amount of Bitcoin in your portfolio which though might not seems to be of great worth while building your stack will turn out to compound into an overall sum of Bitcoin all stocked in the long run.

even if there might be a large number of weeks that we are ONLY able to save/invest around $10 into bitcoin and then maybe there are other weeks that we are able to save/invest $100 or even $1k into bitcoin, so there may well be quite a bit of variance in our cashflow (and/or our disposable income) that affects how much we are able to save/invest, so that in the long run the variable amounts of value that we injected add up but they also may well have ended up holding their value pretty well as compared to other places that they could have been put and/or they might have ened up appreciating in value as compared with other places that the same value could have had been put.

that's so true. At the start when you probably had very little amount of Bitcoin because of how small the amount you use is making your buys is, it might appear as though you're not doing anything serious and at that time, even if Bitcoin goes too high in it value, it would make a big deal for you but consistently stacking your Bitcoin based on the amount you have, maybe starting with $20 and then a long the line increasing it to $60 and then $100 and upward, with time and in years to come, you will find that you've built a good chunk of Bitcoin by just being consistent with your buys regardless of the amount you're using at some different buying moment.

One thing that I am in support with a long term investment on bitcoin and that I do tell people that wants to seek advice on how to buy bitcoin is that, let not invest in bitcoin only because of the profit that we will generate in long-term because if that is the reason why you are investing if bitcoin did not perform how they expected it, they will get disappointed and maybe they have invested a lot on bitcoin. Instead they should invest in bitcoin but the value of fiat depreciates and you should see bitcoin as a bank where you keep your life saving for a very long term. I know a lot of people that keep big amount of money on the bank, overtime this money will lose value campared to when they kept that money in the bank. But instead of bank, put this money into bitcoin, because bitcoin will maintain the value of the money overtime.

If I can remember the amount of stuffs last 10 years is far cheaper compared to this present time, and imagine that you kept $200k in the bank as of then till now, the worth of your $200k will be maybe $50k currently. But an investor who invested such amount in bitcoin would have made up to $1M by now. You see, it saves the value of the cash and the most interesting part is that it does not just become an hedge of inflation alone, bitcoin will see give you a bigger profit because the price of bitcoin increases overtime. This is why those people that don't have bitcoin and want to start investing should do that immediately they have the money to invest using the DCA method buying weekly or monthly regularly, and before you know it, your bitcoin portfolio will reach a reasonable size overtime.

[Bravut]

One thing that I am in support with a long term investment on bitcoin and that I do tell people that wants to seek advice on how to buy bitcoin is that, let not invest in bitcoin only because of the profit that we will generate in long-term because if that is the reason why you are investing if bitcoin did not perform how they expected it, they will get disappointed and maybe they have invested a lot on bitcoin. Instead they should invest in bitcoin but the value of fiat depreciates and you should see bitcoin as a bank where you keep your life saving for a very long term. I know a lot of people that keep big amount of money on the bank, overtime this money will lose value campared to when they kept that money in the bank. But instead of bank, put this money into bitcoin, because bitcoin will maintain the value of the money overtime.

If I can remember the amount of stuffs last 10 years is far cheaper compared to this present time, and imagine that you kept $200k in the bank as of then till now, the worth of your $200k will be maybe $50k currently. But an investor who invested such amount in bitcoin would have made up to $1M by now. You see, it saves the value of the cash and the most interesting part is that it does not just become an hedge of inflation alone, bitcoin will see give you a bigger profit because the price of bitcoin increases overtime. This is why those people that don't have bitcoin and want to start investing should do that immediately they have the money to invest using the DCA method buying weekly or monthly regularly, and before you know it, your bitcoin portfolio will reach a reasonable size overtime.

Fait is getting inflated everyday and value keep track with higher amount, I won't suggest we keep or save in Bitcoin, it a very volatile asset of which we cannot be too optimistic of increasing value rather we invest a certain amount which we can afford to lose. You can expect someone to save in Bitcoin, the money that would have been used for daily needs and other projects, what about bear seasons or price corrections this cannot be overstressed we all are optimistic yeah but there should be limit, you can only do that when you have more than enough money at your disposable, if that's not the case it cannot be seen as Investment but financial illiteracy.

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

[wahyuagung26]

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value.

[JayJuanGee]

But instead of bank, put this money into bitcoin, because bitcoin will maintain the value has good odds of maintaining value and or increasing in value of the money overtime.

FTFY

Of course, there are no guarantees, and our language should attempt to reflect that both there are no guarantees, but also there are various good and/or positive upside scenarios that make bitcoin a good asymmetric bet in which you could put a certain amount of value into bitcoin with a calculations that there are various scenarios in which your choice to put value into bitcoin performed better than it would have had performed had you put that value in other places.. still not guaranteed, but a good place to figure out how much you will allocate to such an asymmetric bet that also would assure that the most that you could lose is 100% of what you put into bitcoin, so long as you do not use leverage or margin.

If I can remember the amount of stuffs last 10 years is far cheaper compared to this present time, and imagine that you kept $200k in the bank as of then till now, the worth of your $200k will be maybe $50k currently. But an investor who invested such amount in bitcoin would have made up to $1M by now.

 Someone who started to invest in bitcoin around 10 years ago and put $200k -ish into bitcoin would have a variety of scenarios in which s/he might have fucked up quite a bit and still ended up with anywhere between an average of $600 per coin and $2k per coin, so that would be much more than $1 million in value.... such a person who started around 10 years ago and invested $200k (even over the next 2-3 years) could have had pretty decent chances of getting the better average of $600-ish per coin which would be 333 BTC (around $22 million in spot price value) or maybe the worser situation of having around an average of $2k per coin which would be 100 BTC (around $6.7 million in spot price value).. and even if we might use the 200-WMA to value our BTC stash, we would still have between about $3.35 million to $11 million in our valuation of our BTC stash with our having had invested $200k into bitcoin over the past 10 years-ish.

See this example of $385 per week over 10 years starting from May 1, 2014 and ending up with more than 165 BTC.

You see, it saves the value of the cash and the most interesting part is that it does not just become an hedge of inflation alone, bitcoin will see give you a bigger profit because the price of bitcoin increases overtime. This is why those people that don't have bitcoin and want to start investing should do that immediately they have the money to invest using the DCA method buying weekly or monthly regularly, and before you know it, your bitcoin portfolio will reach a reasonable size overtime.

Sure.. not guaranteed.. but it surely seems like a good thing to do and a good place to put some (if not all) of your extra value that you are willing to invest.

[edited out]

Fait is getting inflated everyday and value keep track with higher amount, I won't suggest we keep or save in Bitcoin, it a very volatile asset of which we cannot be too optimistic of increasing value rather we invest a certain amount which we can afford to lose. You can expect someone to save in Bitcoin, the money that would have been used for daily needs and other projects, what about bear seasons or price corrections this cannot be overstressed we all are optimistic yeah but there should be limit, you can only do that when you have more than enough money at your disposable, if that's not the case it cannot be seen as Investment but financial illiteracy.

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

You sound a bit confused Bravut. Of course, investing in bitcoin comes from disposable income, so there should already be a commitment to invest that money for the long term of 4-10 years or longer and also an expectation that you could lose up to 100% of what you had invested into bitcoin.

Also fuck gold.  . .but yeah whatever, if you want to put some of your money into gold then you can do that.. but sounds pretty dumb when you are seeming to want to suggest it as a good idea.

[I_Anime]

Sure.. not guaranteed.. but it surely seems like a good thing to do and a good place to put some (if not all) of your extra value that you are willing to invest.

That's true, there's no guarantees that Bitcoin price will just continue to keep increasing, but still investing in it worth the risk . Because it has already proven to be among the best investment, that any one can easily take part on .

Fait is getting inflated everyday and value keep track with higher amount, I won't suggest we keep or save in Bitcoin, it a very volatile asset of which we cannot be too optimistic of increasing value rather we invest a certain amount which we can afford to lose. You can expect someone to save in Bitcoin, the money that would have been used for daily needs and other projects, what about bear seasons or price corrections this cannot be overstressed we all are optimistic yeah but there should be limit, you can only do that when you have more than enough money at your disposable, if that's not the case it cannot be seen as Investment but financial illiteracy.

With such mindset, the chances of you accumulating some good Bitcoin Stash is low . Like for instance someone is being paid monthly $100 and $50 can cover his expenses. And he has like extra $50 he can use for anything, and Such individual decided that he wanna invest in Bitcoin, and he has the mindset of using only money he can afford to lose. And at the end $10 was the amount he could risk if he continues this way it won't be able to accumulate more quantities for himself.

The best thing to use is that before should accumulate Bitcoin he or she must have some cash that will serve as emergency funds while they accumulate , like instance being paid $100 and $50 can serve as emergency funds. He or she can use $30 as his weekly purchase fir Bitcoin accumulation, while he hold the remaining amount as reserve funds.

[JayJuanGee]

The best thing to use is that before should accumulate Bitcoin he or she must have some cash that will serve as emergency funds while they accumulate , like instance being paid $100 and $50 can serve as emergency funds. He or she can use $30 as his weekly purchase fir Bitcoin accumulation, while he hold the remaining amount as reserve funds.

I think that you understand that it is not necessary to establish an emergency fund prior to getting started with bitcoin... but yeah, the more disorganized a person and the worse situation of his finances, then he might need to be careful regarding how much he puts into bitcoin without making sure that his finances are not in order so that he does not have to sell any bitcoin at a time that is not completely of his own choosing, so any guy with bad finances might have to balance how much he is putting into bitcoin, yet there may well not be any reason NOT to get started, even with $10 invested in bitcoin, but yeah, if a guy has absolutely no disposable income, then he is not in a position to invest into bitcoin, so there is a need to have disposable income prior to investing, and sometimes there could be some struggles in terms of figuring out the extent to which a guy has disposable income and then at the same time, if there is building of an emergency fund, reserves and./or float at the same time that there is investing in bitcoin, the bitcoin investment may well have to stay pretty small while these basis financial matters are getting put into some kind of an order that actually establishes that disposable income is being used rather than money that is going to be needed for short or medium term expenses.

[Jonyshake71]

The thing is, as Bitcoin already proved its ability and if you trust it then it already gave you lots of options to buy with cheap, like after end of provides bull season, bitcoin was down for a year maybe $16k something. But where were these investors who wanna buy Bitcoin now? So you should buy that time. Now its flying and already get huge up. Now its risky. Nobody knows if it going to hit $100k or down to $40k again. Even whom who buy at ath price of $72-74k price, are in loss currently. But if they buy now then they can avarage their buying price and get rid of losses. Bitcoin is valid but don't it also follow some criteria. Don't buy or sell blindly. Although now I'll take risk for buying. If it go down, will buy again to avarage the price.

[Davian144]

we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value.

Regarding the value of Bitcoin itself, I think everyone no longer needs to assume that these people have seen the facts for themselves. Because apart from it being never too late to start investing in Bitcoin, there are also no obstacles for anyone who has to buy Bitcoin at this time. But some people still need to learn about how to store Bitcoin after buying it and also understand what Bitcoin is so that these people can have a stronger intention to keep it rather than just selling it due to the influence of one of the conditions currently occurring in the market. Even though the sales were made perhaps on the basis of wanting to take profit from the Bitcoins that had been purchased at a certain time.

[Tmoonz]

The thing is, as Bitcoin already proved its ability and if you trust it then it already gave you lots of options to buy with cheap, like after end of provides bull season, bitcoin was down for a year maybe $16k something. But where were these investors who wanna buy Bitcoin now? So you should buy that time. Now its flying and already get huge up. Now its risky. Nobody knows if it going to hit $100k or down to $40k again. Even whom who buy at ath price of $72-74k price, are in loss currently. But if they buy now then they can avarage their buying price and get rid of losses. Bitcoin is valid but don't it also follow some criteria. Don't buy or sell blindly. Although now I'll take risk for buying. If it go down, will buy again to avarage the price.

Your naratives shows that you are yet to figure out the true potential Bitcoin holds and how to go about it, yeah in as much as those that invested in Bitcoin earliest days must have benefited a lot, it doesn't make much of the difference with those buying now if only they can hold for longer period of time of about 4 to 10 years or more, buying Bitcoin when the price goes down can be good as it gives the opportunity of buying more Bitcoin at a lower price compared to it's previous high but you don't have to wait for a price drop before you buy, as you don't know if you are going to see the drop you are waiting for, because Bitcoin could go higher while you are waiting for a price drop, with your dca strategy you can buy Bitcoin irrespective of the price point either weekly or monthly according to your financial situation on different intervals which makes you to be in the market on time without any forms of timing the market, while making other arrangements for buying when there is a price drop, your consistency with your dcaing is very important as it takes fewer and fewer of Bitcoin to have a sizeable worth of Bitcoin which you will benefit in the future time.

[sotelorene]

Sure.. not guaranteed.. but it surely seems like a good thing to do and a good place to put some (if not all) of your extra value that you are willing to invest.

That's true, there's no guarantees that Bitcoin price will just continue to keep increasing, but still investing in it worth the risk . Because it has already proven to be among the best investment, that any one can easily take part on .

Fait is getting inflated everyday and value keep track with higher amount, I won't suggest we keep or save in Bitcoin, it a very volatile asset of which we cannot be too optimistic of increasing value rather we invest a certain amount which we can afford to lose. You can expect someone to save in Bitcoin, the money that would have been used for daily needs and other projects, what about bear seasons or price corrections this cannot be overstressed we all are optimistic yeah but there should be limit, you can only do that when you have more than enough money at your disposable, if that's not the case it cannot be seen as Investment but financial illiteracy.

With such mindset, the chances of you accumulating some good Bitcoin Stash is low . Like for instance someone is being paid monthly $100 and $50 can cover his expenses. And he has like extra $50 he can use for anything, and Such individual decided that he wanna invest in Bitcoin, and he has the mindset of using only money he can afford to lose. And at the end $10 was the amount he could risk if he continues this way it won't be able to accumulate more quantities for himself.

The best thing to use is that before should accumulate Bitcoin he or she must have some cash that will serve as emergency funds while they accumulate , like instance being paid $100 and $50 can serve as emergency funds. He or she can use $30 as his weekly purchase fir Bitcoin accumulation, while he hold the remaining amount as reserve funds.

Emergency funds sometimes can be very important as it help one to relieve financial pressure or any other challenge and according to your instance, that if someone is being paid $100 and then he/she uses $50 as emergency funds  and also uses $30 for accumulating Bitcoin maybe a DCA method. that's a very good one but in my place I think $100 won't be even enough to buy what you will eat because of the economy talk more of to use 30% of the money to invest in Bitcoin what it means is that if you try it you will be so frustrated and confused on what to do in fact your investment in Bitcoin will be disturbed. Before someone should or will invest in Bitcoin he/she should make sure that they have enough money that will make them stay off from their investment.

[boty]

Emergency funds sometimes can be very important as it help one to relieve financial pressure or any other challenge and according to your instance, that if someone is being paid $100 and then he/she uses $50 as emergency funds  and also uses $30 for accumulating Bitcoin maybe a DCA method. that's a very good one but in my place I think $100 won't be even enough to buy what you will eat because of the economy talk more of to use 30% of the money to invest in Bitcoin what it means is that if you try it you will be so frustrated and confused on what to do in fact your investment in Bitcoin will be disturbed. Before someone should or will invest in Bitcoin he/she should make sure that they have enough money that will make them stay off from their investment.

By having an emergency fund, of course this will really help us to be able to achieve the profits we set in the investments we run. Having a mediocre income will of course be very difficult to be able to run investments well because before someone can meet the necessary needs I They feel that it is not natural for them to invest and if they force themselves, of course they will have difficulty if they are in the process of investing and they need the funds, then they can take the assets they have and if they are in a profitable situation, of course this is not a problem, but when they need these funds, the assets they own are experiencing a decline, of course they are at a loss.
Yes, of course it would be better for them to invest first and be able to prepare funds for emergency needs that they need to be able to carry out investments without being disturbed by the need for emergency funds.

[AVE5]

All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.

It's quite unfortunate when investors began to act frustrated and unlearned not to hold responsibly of their crypto investments instead they lives by panics.
If intentionally you ventures into an untrust crypto coins then obviously it's the investor fault because you can't invest on bitcoin or a reputable AltCoins like Ethereum and feel it was going to crash.
The FOMO only comes when you Invested in those projects or you lack the markets understanding.

[Marvelockg]

The best thing to use is that before should accumulate Bitcoin he or she must have some cash that will serve as emergency funds while they accumulate , like instance being paid $100 and $50 can serve as emergency funds. He or she can use $30 as his weekly purchase fir Bitcoin accumulation, while he hold the remaining amount as reserve funds.

I think that you understand that it is not necessary to establish an emergency fund prior to getting started with bitcoin... but yeah, the more disorganized a person and the worse situation of his finances, then he might need to be careful regarding how much he puts into bitcoin without making sure that his finances are not in order so that he does not have to sell any bitcoin at a time that is not completely of his own choosing, so any guy with bad finances might have to balance how much he is putting into bitcoin, yet there may well not be any reason NOT to get started, even with $10 invested in bitcoin, but yeah, if a guy has absolutely no disposable income, then he is not in a position to invest into bitcoin, so there is a need to have disposable income prior to investing, and sometimes there could be some struggles in terms of figuring out the extent to which a guy has disposable income and then at the same time, if there is building of an emergency fund, reserves and./or float at the same time that there is investing in bitcoin, the bitcoin investment may well have to stay pretty small while these basis financial matters are getting put into some kind of an order that actually establishes that disposable income is being used rather than money that is going to be needed for short or medium term expenses.

I think that @i_Anime is trying to suggest that it's best to be as organized as possible while starting your bitcoin investment as it's going to somehow help you continue investing at a spontaneous pace without necessarily making some readjustment along the way in a manner that might distort your accumilation plan.  Is strategy seems to be okay for an ideal situation but my issue with allocating upto 50% of your earning into serving as your emergency funds is that to some extent, it might seems as though you're caging a majority of your money. And then if you're also considering keeping our 30% for your DCA and then the remaining 20% for your expenses might appear as though you're somehow misplacing priority and that can affect your whole plan. I feel that The allocation you give to your daily expenses is very crucial because if for any reason it's not meeting up your needs, you've directly exposed your emergency funds to regular touching which will also go along to exposing your holding in the process.

If I'm to remodel this kind of plan, I would rather allocate 20% of my earning to serve as my emergency funds which I will continue adding up to a certain time when I have reached a point where I wouldn't have to continue adding. And then 30% can go into my regular DCA while the remaining 50% will serve to Carter for my needs and expenses. I believe that because you're investing for the long run and can't pause all expect of your life because of your investment plan, it's best to allocate a good amount of your earning to serving your basic needs cause you've got to survive and live right before even talking about getting the best out of your investment plan.

But like you've said, these ideal case isn't a criteria that must generally be in place before ever getting started in your investment, depending on how organized your income is, you can decide to start your accumilation journey in a well planned manner or just start stacking and along your accumilation journey you set these variables right. The general and most important thing is to just start buying and with time, the necessary adjustment will always come into play and based on how well you're doing in terms of your finance, you can choose to increase the allocation for your DCA up to 50% of your income and if you're able to set the right financial structure in place, you wouldn't even have to get worried about your emergency funds as seeting out a business or an alternative system that will serve that purpose can just be enough.

[laijsica]

All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.

It's quite unfortunate when investors began to act frustrated and unlearned not to hold responsibly of their crypto investments instead they lives by panics.
If intentionally you ventures into an untrust crypto coins then obviously it's the investor fault because you can't invest on bitcoin or a reputable AltCoins like Ethereum and feel it was going to crash.
The FOMO only comes when you Invested in those projects or you lack the markets understanding.

When it comes to investing, it is important that you consider investing in market value as well as a level of regular buying as price fluctuations and volatility prevail. Panic in investing works when it goes down to the bearish level but in this case new investors can be more volatile but they must be confident in the accumulation of Bitcoin.
Basically the rise of any market is dependent on the environment especially the shitcoin market is very volatile and bankrupts most of the investors. So why you waste time chasing shitcoins when you have a huge potential asset like Bitcoin.

[Sim_card]

 

Now its flying and already get huge up. Now its risky. Nobody knows if it going to hit $100k or down to $40k again. Even whom who buy at ath price of $72-74k price, are in loss currently.

It is not too late and never risky to start buying now, if you were unable to buy way back when the price of bitcoin was $100. All you need to do is to check how much of your disposable income that you can use to bitcoin that it will not affect you from buying weekly or monthly using DCA method, to enable you grow and build your bitcoin portfolio. If you have a means of income, then you can sort that amount based on your own discretionary income. It is good that you have an emergency funds for back up at all time, so that whenever an emergency arises you don't need to go and sell part of your bitcoin investment to take care of it.

You can build your emergency funds along side as you are investing, and that is why you are to use part of your discretionary income to invest and the other part to build your emergency funds and reserve funds to help you hodli your bitcoin for a very long time, until you have reached your bitcoin target. To be a long term hodler, you need to be able to sacrifice and be disciplined in order for you to be persistent and consistent in your bitcoin weekly or monthly regular accumulation. If you can do this for 4-10yrs and above you will be happy that you decided to invest in bitcoin now, unlike regretting that you didn't invest way back.

Those who bought bitcoin during this last ATH hype from the lunch of bitcoin ETF at $73k, will not be at lost is they continue buying regularly using DCA every week or monthly. This is because they will have bought bitcoin down the road when the price reached $59k and back to this price that we are at 67k+ as I am typing this post, and their average bitcoin price will be within sixty-x thousand. It is if that investor only lump sum at bought once at $73k price that he will be at loss currently or he bought due to FOMO. This is why it is good to get prepared on a long term bitcoin journey in order for you to be able to buy using DCA irrespective of the price of bitcoin, because it reduces the risk associated to its volatile nature.

[Frankolala]

 

Sure.. not guaranteed.. but it surely seems like a good thing to do and a good place to put some (if not all) of your extra value that you are willing to invest.

That's true, there's no guarantees that Bitcoin price will just continue to keep increasing, but still investing in it worth the risk . Because it has already proven to be among the best investment, that any one can easily take part on .

Fait is getting inflated everyday and value keep track with higher amount, I won't suggest we keep or save in Bitcoin, it a very volatile asset of which we cannot be too optimistic of increasing value rather we invest a certain amount which we can afford to lose. You can expect someone to save in Bitcoin, the money that would have been used for daily needs and other projects, what about bear seasons or price corrections this cannot be overstressed we all are optimistic yeah but there should be limit, you can only do that when you have more than enough money at your disposable, if that's not the case it cannot be seen as Investment but financial illiteracy.

With such mindset, the chances of you accumulating some good Bitcoin Stash is low . Like for instance someone is being paid monthly $100 and $50 can cover his expenses. And he has like extra $50 he can use for anything, and Such individual decided that he wanna invest in Bitcoin, and he has the mindset of using only money he can afford to lose. And at the end $10 was the amount he could risk if he continues this way it won't be able to accumulate more quantities for himself.

The best thing to use is that before should accumulate Bitcoin he or she must have some cash that will serve as emergency funds while they accumulate , like instance being paid $100 and $50 can serve as emergency funds. He or she can use $30 as his weekly purchase fir Bitcoin accumulation, while he hold the remaining amount as reserve funds.

Emergency funds sometimes can be very important as it help one to relieve financial pressure or any other challenge and according to your instance,

Don't use the word sometimes, emergency funds is very important and necessary for someone investing in bitcoin or who have a bitcoin investment, because it serves as a back up for that investor, so that he does not deep hands into his bitcoin investment when an emergency occurs, because unforseen challenges must come our way when investing. This is why your emergency funds must be up to 3-6 months in size since it is the back bone of your bitcoin investment portfolio. There is also reserve funds which backs up your emergency funds.

in my place I think $100 won't be even enough to buy what you will eat because of the economy talk more of to use 30% of the money to invest in Bitcoin what it means is that if you try it you will be so frustrated and confused on what to do in fact your investment in Bitcoin will be disturbed. Before someone should or will invest in Bitcoin he/she should make sure that they have enough money that will make them stay off from their investment.

Such person with low income that cannot take care of his monthly needs with such amount should not invest in bitcoin, when you don't have a discretionary income. If the person wants to invest in bitcoin, he needs to get a second means of income, that will enable him have a discretionary income to invest with.

[Mayor of ogba]

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value.

I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment.

[Bravut]

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value.

I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment.

I agree with you, Mate.
Well said, I do not look in terms of when to purchase (time), I just move according to my plan, if we wanna look like the best season it would always be a beer market, buy low --- sell high, of which then there is much more money to accumulate since price is low compared to bull run now.
In essence, let's ensure we accumulate and invest as we can.

[Ruttoshi]

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value.

I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment.

So are you saying that if a investor was not able to buy bitcoin during the bear market, he should wait and buy bitcoin when bitcoin price is at the peak in the bull run, I disagree with you on this statement of yours. I know that the bear market is the best time to buy bitcoin, but what about those people who did not know bitcoin during the bear season. If a new investor want to start his bitcoin investment, the best time is now as there is no best time for a new beginner or a low coiner, since his bitcoin portfolio is slim. That investor should start right away to buy bitcoin as long as he has made his proper plan on how much he will use to buy bitcoin that will not affect him financially, because he is on a long-term ride and he can buy bitcoin using DCA always either weekly or month provided that he does not skip any week or month.

The new investor should not care about the market, but only focus on his bitcoin journey since he already has his emergency and reserve fund to remove any obstacle that will come his way, and with his regular DCA, he can buy bitcoin both at the bull run and at bear market and at any price consistently for 4-10 yrs and above. It is an investor who have reached a certain level of decent amount in his bitcoin portfolio that can choose to only buy at the dip, because he might have reached his maintenance stage or close to it.

[Velemir Sava]

The thing is, as Bitcoin already proved its ability and if you trust it then it already gave you lots of options to buy with cheap, like after end of provides bull season, bitcoin was down for a year maybe $16k something. But where were these investors who wanna buy Bitcoin now? So you should buy that time. Now its flying and already get huge up. Now its risky. Nobody knows if it going to hit $100k or down to $40k again. Even whom who buy at ath price of $72-74k price, are in loss currently. But if they buy now then they can avarage their buying price and get rid of losses. Bitcoin is valid but don't it also follow some criteria. Don't buy or sell blindly. Although now I'll take risk for buying. If it go down, will buy again to avarage the price.

I don't think there is a problem when Bitcoin has proven its ability and if we believe in it... Will BTC now be priced at $68,385, will it plunge down again or will it rise again even stronger?

What makes us like that is if we trade, but if we invest for a long period of time, I think our emotional level will be more comfortable.