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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 5352 times)
JayJuanGee
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June 10, 2024, 11:38:41 PM
 #621

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.
Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.
I agree with you and It is not known exactly whether there is any reason behind the increase in the price of Bitcoin, but we can imagine that the price of Bitcoin will increase constantly. While the price of science is likely to rise further from its current position, various studies suggest that Bitcoin will go higher than its current position. We can say for sure that Bitcoin will change in the future and we will see it. As the price of Bitcoin is increasing and its popularity is increasing day by day, we can definitely say that in the future people will buy more Bitcoins and the demand for Bitcoins will increase. The price of Bitcoin will increase mainly because there is no new supply to the market, but because Bitcoin is limited, the number of Bitcoin investors will increase and the demand for Bitcoin will continue to increase.
My opinion.

You are saying that you agree, but then at the same time you say a lot of things that contradict what I said and the way that I said it.

I understand that people like to think and speak in terms of absolutes, but it still remains problematic to think and talk in terms of absolutes when we are talking about anything that might happen in the future.

Yes, we can see trends and we can see likelihoods, and in the past we can see that bitcoin has been built on solid foundations while at the same time continuing to grow in its various network effects (as referred to by Trace Mayer). 

Historical growth, likely ongoing growth and strong foundations do not guarantee future growth, yet at the same time anyone who creates a budget in which they are allocating a portion of their discretionary income to buying bitcoin, may well want to also consider that bitcoin is an asymmetric bet to the upside, so sure there is a possibility that 100% of the value invested into bitcoin could be lost, but at the same time, there are a wide number of upside scenarios that involve multiples and even magnitudes in returns to the upside, including gold parity or even 1,000x higher than gold parity when bitcoin is currently right around 1/10th gold's market cap.. which means that bitcoin has a decently good potential of going up another 10,000x from here, even though it could take 50-200 years or more to reach such prices, and at the same time none of that is guaranteed..

So the upside and even the downside scenarios could all be simultaneously held in a BTC investor/accumulator/holder's head at the same time in terms of figuring out how to accumulate BTC and/or how to maintain his/her BTC stash once reaching a maintenance level that he might have had determined to be appropriate for his financial and psychological situation..

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Cryptoprincess101
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June 11, 2024, 01:21:50 AM
Merited by JayJuanGee (1)
 #622

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.

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June 11, 2024, 02:14:11 AM
 #623

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.

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June 11, 2024, 11:51:00 AM
 #624

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.
Your assertion of you being realistic and positive about your investment is absolute, but what @cryptoprincess101 is emphasizing is the fact that, you should be open minded as an investor because uncertainty might happen along the way, because your not the person controlling the forces of the market even as you want to be positive about your long term investment plans. You can map out strategies about your accumulations, and a possible period you would want to hold on, on your investment time till you decide to take profit, and the time to take profit comes according to your projections but then the profit at that time might not be good enough for you with respect to your analysis. So in all you just need to be open-minded and be ready for some of the market outcome that might not be too favourable even as you're positive.

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June 11, 2024, 12:32:46 PM
 #625

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

I do lay emphasis in this thread and also in the forum about not  letting expectations take over us, same time we understand that we are investing, of which investing is simply accepting uncertainties that might occur on such asset (Bitcoin), that the need you (JJG) do emphasize on the word Disposable income to invest. We are not getting too optimistic about the price we just speculate, deciding based on the value, past history which also doesn't guaranteed the future of new price movement, of which the sole reason I advocate for Plan in all my post which any investor would act within to safeguard himself.
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June 11, 2024, 03:24:57 PM
Merited by JayJuanGee (1)
 #626

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.

Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
                   Selling your assets to buy Bitcoin is not bad if the cost of maintenance of those assets becomes too much but never use because you are inquisitive to buy Bitcoin and sell a valuable asset even though Bitcoin is also a valuable asset because just like what I was emphasizing before you quoted me than even though we are hopeful that our investments in Bitcoin are secured but let us not also forget that there are unforseen events that are likely to occur if the forces that keeps the market going are not in place so we should be mindful and thoughtful of the decisions we take when making investments.

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June 11, 2024, 06:37:36 PM
 #627

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.

Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
                   Selling your assets to buy Bitcoin is not bad if the cost of maintenance of those assets becomes too much but never use because you are inquisitive to buy Bitcoin and sell a valuable asset even though Bitcoin is also a valuable asset because just like what I was emphasizing before you quoted me than even though we are hopeful that our investments in Bitcoin are secured but let us not also forget that there are unforseen events that are likely to occur if the forces that keeps the market going are not in place so we should be mindful and thoughtful of the decisions we take when making investments.
Currently, with the uptrend in bitcoin price since it was created till now and the presumption that the odds of bitcoin price moving uptrend overtime is higher than downtrend selling an assest to put the value in bitcoin is not a bad idea. This is because currently bitcoin is one of the best assest, or let me say that the best assest to invest in that will give you a greater profit overtime than any existing assets.

The construction equipment that you are talking about will only be useful if it is hired out by a company and the day that it is not hired, there will be no funds from there. By the way do you know how much it is to acquire those construction equipment that you mentioned above. If you put all those money into bitcoin DCAing and buying at the dip regularly for just 4 years, do you know how much you will get in profit for 8 years which is additional two circles. Those equipment will worn out in future and become liability to you. But your bitcoin investment can never be a liability because it is a store of value and serves as an investment at the same time.

Just my thoughts.

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JayJuanGee
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June 11, 2024, 06:55:55 PM
 #628

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.
Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.
Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.
Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
                 Selling your assets to buy Bitcoin is not bad if the cost of maintenance of those assets becomes too much but never use because you are inquisitive to buy Bitcoin and sell a valuable asset even though Bitcoin is also a valuable asset because just like what I was emphasizing before you quoted me than even though we are hopeful that our investments in Bitcoin are secured but let us not also forget that there are unforseen events that are likely to occur if the forces that keeps the market going are not in place so we should be mindful and thoughtful of the decisions we take when making investments.

Probably, overall, your post is correct Cryptoprincess101 - even though you started out with the suggestion of not selling your assets to buy bitcoin, but then your exception swallows the rule..

In other words, you are not saying don't sell your assets to buy bitcoin, but instead you are suggesting to make some calculations regarding assets that you might or might not sell in order to buy bitcoin - which truly is the main overall preference to figure out the extent to which there might be more value in holding value in bitcoin versus holding that value in other assets.  Some assets gain in value, others lose value and others may generate income.. and some assets have all of those characteristics at the same time or maybe depending on other circumstances that might not always be known at the time that decisions are made. Of course, you mentioned expenses that might be associated with some, assets and furthermore, some assets may well generate income only upon the application of a lot of labor, so in the end, there may end up being some questions regarding how much labor (or other inputs) are required for the assets to actually end up generating income.

There may well be liquidity considerations too.  Some assets are more liquid than others, and sometimes liquidity could unexpectedly become more available or unexpectedly dry up, and even though we might have some guesses and/or estimations, we do not always know in advance regarding liquidity.

Also, sometimes if bitcoin is a better asset, there still could be some value to hold some value in other assets, which could be considered as diversification, but holding value in other assets can sometimes be helpful to not necessarily draw attention to situations in which you might want to have options and not necessarily have all your value tied up in bitcoin (even if you have bitcoin and cash there can be value in terms of having other assets and/or currencies).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 12, 2024, 04:36:54 AM
 #629

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.
Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.
Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.
Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
                 Selling your assets to buy Bitcoin is not bad if the cost of maintenance of those assets becomes too much but never use because you are inquisitive to buy Bitcoin and sell a valuable asset even though Bitcoin is also a valuable asset because just like what I was emphasizing before you quoted me than even though we are hopeful that our investments in Bitcoin are secured but let us not also forget that there are unforseen events that are likely to occur if the forces that keeps the market going are not in place so we should be mindful and thoughtful of the decisions we take when making investments.

Probably, overall, your post is correct Cryptoprincess101 - even though you started out with the suggestion of not selling your assets to buy bitcoin, but then your exception swallows the rule..

In other words, you are not saying don't sell your assets to buy bitcoin, but instead you are suggesting to make some calculations regarding assets that you might or might not sell in order to buy bitcoin - which truly is the main overall preference to figure out the extent to which there might be more value in holding value in bitcoin versus holding that value in other assets.  Some assets gain in value, others lose value and others may generate income.. and some assets have all of those characteristics at the same time or maybe depending on other circumstances that might not always be known at the time that decisions are made. Of course, you mentioned expenses that might be associated with some, assets and furthermore, some assets may well generate income only upon the application of a lot of labor, so in the end, there may end up being some questions regarding how much labor (or other inputs) are required for the assets to actually end up generating income.

There may well be liquidity considerations too.  Some assets are more liquid than others, and sometimes liquidity could unexpectedly become more available or unexpectedly dry up, and even though we might have some guesses and/or estimations, we do not always know in advance regarding liquidity.

Also, sometimes if bitcoin is a better asset, there still could be some value to hold some value in other assets, which could be considered as diversification, but holding value in other assets can sometimes be helpful to not necessarily draw attention to situations in which you might want to have options and not necessarily have all your value tied up in bitcoin (even if you have bitcoin and cash there can be value in terms of having other assets and/or currencies)
.

Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

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June 12, 2024, 06:43:43 AM
Last edit: June 12, 2024, 07:44:10 AM by Kliss
 #630

Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
I think before anyone consider selling their assets to buy Bitcoin or invest in bitcoin, it's because the assets is not productive, the assets is no longer serving its purpose or becoming a liability. Weighing this factors investors can decide to sell such assets and acquire bitcoin, because there is value of holding bitcoin. But it not a good investment decision or advisable for an investor to sell an assets that is productive or income generating assets  to buy Bitcoin rather you can invest in valuable assets like Bitcoin by using the proceeds from productive assets to buy Bitcoin it's more sensible approach. This way you can diversify into Bitcoin investment while still maintaining your income generating assets.



Probably, overall, your post is correct Cryptoprincess101 - even though you started out with the suggestion of not selling your assets to buy bitcoin, but then your exception swallows the rule..

In other words, you are not saying don't sell your assets to buy bitcoin, but instead you are suggesting to make some calculations regarding assets that you might or might not sell in order to buy bitcoin - which truly is the main overall preference to figure out the extent to which there might be more value in holding value in bitcoin versus holding that value in other assets.  Some assets gain in value, others lose value and others may generate income.. and some assets have all of those characteristics at the same time or maybe depending on other circumstances that might not always be known at the time that decisions are made. Of course, you mentioned expenses that might be associated with some, assets and furthermore, some assets may well generate income only upon the application of a lot of labor, so in the end, there may end up being some questions regarding how much labor (or other inputs) are required for the assets to actually end up generating income.

There may well be liquidity considerations too.  Some assets are more liquid than others, and sometimes liquidity could unexpectedly become more available or unexpectedly dry up, and even though we might have some guesses and/or estimations, we do not always know in advance regarding liquidity.

Also, sometimes if bitcoin is a better asset, there still could be some value to hold some value in other assets, which could be considered as diversification, but holding value in other assets can sometimes be helpful to not necessarily draw attention to situations in which you might want to have options and not necessarily have all your value tied up in bitcoin (even if you have bitcoin and cash there can be value in terms of having other assets and/or currencies)
.

Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.
You're absolutely right, Converting digital tokens to digital assets requires a thoughtful approach. It's essential to differentiate between valuable assets that generate income or appreciate in value and those that depreciate or become liabilities. Selling valuable assets to buy Bitcoin or any investment with a short term focus can be risky, especially if the asset's value depreciates. Bitcoin's volatility can result in significant price swings making it essential to have a long term perspective.

Using returns from valuable assets to invest in Bitcoin  is a more sustainable approach. This way you can maintain your income generating assets while diversifying your investments. Diversification is crucial, as it allows you to manage risk and increase potential returns. It's important to strike a balance between investing in Bitcoin and maintaining other valuable assets that can help grow your investments.

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June 12, 2024, 02:20:36 PM
 #631

[edited out].
Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

Surely I was not attempting to differentiate between various kinds of digital assets and digital tokens, since I was only referring to bitcoin and otherwise referring to various productive and/or non productive assets and/or currencies.

When you get into talking about various digital assets it sounds to me that you are talking about shitcoins as a way to potentially diversify, and surely I was not talking or even hinting at any of that kind of discussion, since your earlier post did not seem to do that either.

The only digital asset/token that I was referring to was bitcoin... and maybe the dollar might be digital in some cases... but much of what you had initiated your post with was talking about some kinds of physical assets that might be used for generating income, such as equipment... and so there can be assessments about those physical assets and the extent to which they hold their value and how much inputs they might require to generate income.. and then also if they depreciate in value, hold their value or potentially appreciate in value.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Well any time that we might generate a lump sum (of value, whether it is from the sale of assets or otherwise), then there could be questions about whether to buy bitcoin right at that time, or to maybe employ various strategies of buying on the dip, DCA and there can be a variety of considerations that include considering how many BTC you already have in light of your other personal goals and/or timeline considerations.  There are risks in any volatile asset like bitcoin, yet if you are a long term investor of 4-10 years or longer then you should be able to figure out ways to mitigate some of the volatility, yet you still may well be better off to buy bitcoin at the top of the market rather than waiting, which also gets back to looking at questions of how many BTC you already have and decisions about alternative ways that you might deploy your value into bitcoin in the even that you might not want to invest in a lump sum kind of a way (that might end up being at the top of the local price range).   The answers are not straight forward and might not even be the same for everyone.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

If you are already starting out with assets, then you might already be starting out with diversification.  If you are starting out without any bitcoin, and you choose to buy some equipment because you believe that it will generate you income and bitcoin will not, and that could be an error too, since the bitcoin might end up giving you better price performance - yet you are not going to necessarily know, but if you are an expert in some kind of an industry you might be able to calculate various trade offs, and one of the advantages of bitcoin is the ability to invest in small amounts and on a regular basis, which you might not be able to do with various pieces of equipment, so some of the answers might depend upon what kind of equipment, how much capital is required in advance and the other input factors related to the equipment as already mentioned several times.

Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
I think before anyone consider selling their assets to buy Bitcoin or invest in bitcoin, it's because the assets is not productive, the assets is no longer serving its purpose or becoming a liability. Weighing this factors investors can decide to sell such assets and acquire bitcoin, because there is value of holding bitcoin. But it not a good investment decision or advisable for an investor to sell an assets that is productive or income generating assets  to buy Bitcoin rather you can invest in valuable assets like Bitcoin by using the proceeds from productive assets to buy Bitcoin it's more sensible approach. This way you can diversify into Bitcoin investment while still maintaining your income generating assets.

The mere fact that an asset generates income does not make it a better investment than bitcoin, so it is going to depend on the circumstances, and there may also be some unknowns involved also.  Sure some folks might be better able to calculate how much certain kinds of assets might generate, and it may well be better to hang onto some of those assets and to use the proceeds of the income to buy bitcoin.. yet I still would not assume that the answer is obviously to select productive assets over bitcoin, since the answer is not black and white and some analysis may well need to be carried out in order to attempt to figure out various options and which options might be better to employ.

[edited out]
You're absolutely right, Converting digital tokens to digital assets requires a thoughtful approach. It's essential to differentiate between valuable assets that generate income or appreciate in value and those that depreciate or become liabilities. Selling valuable assets to buy Bitcoin or any investment with a short term focus can be risky, especially if the asset's value depreciates. Bitcoin's volatility can result in significant price swings making it essential to have a long term perspective.

If we are devolving into talking about digital assets and digital tokens, then it seems quite problematically devolving into vague and ambiguous references and talking about shitcoins.

Using returns from valuable assets to invest in Bitcoin  is a more sustainable approach. This way you can maintain your income generating assets while diversifying your investments. Diversification is crucial, as it allows you to manage risk and increase potential returns. It's important to strike a balance between investing in Bitcoin and maintaining other valuable assets that can help grow your investments.

It is not always important to diversify, especially if you might be a fairly new investor into bitcoin, so don't get distracted into some nonsense ideas that cause you to conclude that you need to diversify for the mere sake of diversification.  Your hinting at shitcoins by mentioning digital assets / digital tokens and also proclaiming that diversification is amongst the most important, seems that you are devolving into retarded and confused ideas.

We were initially referring to income generated from some kind of equipment, and even then the answer is not obvious that the investment should be in the equipment rather than into bitcoin, especially since bitcoin has advantages in terms of how little capital might be required to begin to invest into it - and so maybe some people might already have equipment and/or real world opportunties to generate income that might need to be considered..  A person could be in a place where it is difficult to generate decent income on his own labor, but if he has some equipment he can multiply his opportunties to generate income from his labor... yet the answer is still not going to be obvious since it might make a difference if the equipment costs $5k versus if it costs $50k, and then there could still be questions regarding how much the equipment ends up improving his ability to generate income from his labor.

But when you are throwing in ideas of digital assets and/or digital tokens, then who knows what vague nonsense you are talking about with supposed income generation that you might consider to be coming from your ownership of digital assets and/or digital tokens.. You sound distracted and muddled in your thinking or whatever message you are wanting to share in terms of your discussion of choices of investing into bitcoin versus investing in some other places that might generate income.. Are we talking about investing into shitcoins or some of the other concerns about physical equipment that a person might already have or maybe a person is considering purchasing physical equipment instead of bitcoin in order to generate income (which also is not a necessarily straight-forward answer).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 12, 2024, 04:09:27 PM
 #632

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.
Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.
Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.
Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
                 Selling your assets to buy Bitcoin is not bad if the cost of maintenance of those assets becomes too much but never use because you are inquisitive to buy Bitcoin and sell a valuable asset even though Bitcoin is also a valuable asset because just like what I was emphasizing before you quoted me than even though we are hopeful that our investments in Bitcoin are secured but let us not also forget that there are unforseen events that are likely to occur if the forces that keeps the market going are not in place so we should be mindful and thoughtful of the decisions we take when making investments.

Probably, overall, your post is correct Cryptoprincess101 - even though you started out with the suggestion of not selling your assets to buy bitcoin, but then your exception swallows the rule..

In other words, you are not saying don't sell your assets to buy bitcoin, but instead you are suggesting to make some calculations regarding assets that you might or might not sell in order to buy bitcoin - which truly is the main overall preference to figure out the extent to which there might be more value in holding value in bitcoin versus holding that value in other assets.  Some assets gain in value, others lose value and others may generate income.. and some assets have all of those characteristics at the same time or maybe depending on other circumstances that might not always be known at the time that decisions are made. Of course, you mentioned expenses that might be associated with some, assets and furthermore, some assets may well generate income only upon the application of a lot of labor, so in the end, there may end up being some questions regarding how much labor (or other inputs) are required for the assets to actually end up generating income.

There may well be liquidity considerations too.  Some assets are more liquid than others, and sometimes liquidity could unexpectedly become more available or unexpectedly dry up, and even though we might have some guesses and/or estimations, we do not always know in advance regarding liquidity.

Also, sometimes if bitcoin is a better asset, there still could be some value to hold some value in other assets, which could be considered as diversification, but holding value in other assets can sometimes be helpful to not necessarily draw attention to situations in which you might want to have options and not necessarily have all your value tied up in bitcoin (even if you have bitcoin and cash there can be value in terms of having other assets and/or currencies)
.

Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

I agree with you, selling off valuable asset to buy Bitcoin is not a not wise financial decision, if the asset is returning a good amount it is wise to use her return to invest in Bitcoin and not selling it off.  Basically Bitcoin would not give us massive return in a short period of time, so selling off an asset that is generating funds that is able to keep you with your daily needs just because of Bitcoin believing to have unrealistic returns is adsurb.
Diversifying is good, but new investors in Bitcoin should focus on bitcoin firstly, especially not having anything to do with shit coins, while if we already have a real life asset before we began investing in Bitcoin, I believe you keep up with it so as to enable and speed up accumulation Process of Bitcoin.
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June 12, 2024, 05:12:04 PM
 #633

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.
Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.
Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.
Selling your assets to buy Bitcoin is not advisable except they are liability that are in form of assets and they are not productive or bringing any returns or proceeds for you at the end of the day but if they are business assets like lease office equipments such as heavy duties, caterpillars, construction equipments and lifting equipments these are very good assets because they give you good proceeds so you can't sell such assets to buy Bitcoin but you can use the proceeds to invest in bitcoin, the only time you can consider selling such assets to buy Bitcoin is in a case where they start malfunctioning or getting old such that the cost of maintenance may be higher than the income they generate for you.
                 Selling your assets to buy Bitcoin is not bad if the cost of maintenance of those assets becomes too much but never use because you are inquisitive to buy Bitcoin and sell a valuable asset even though Bitcoin is also a valuable asset because just like what I was emphasizing before you quoted me than even though we are hopeful that our investments in Bitcoin are secured but let us not also forget that there are unforseen events that are likely to occur if the forces that keeps the market going are not in place so we should be mindful and thoughtful of the decisions we take when making investments.

Probably, overall, your post is correct Cryptoprincess101 - even though you started out with the suggestion of not selling your assets to buy bitcoin, but then your exception swallows the rule..

In other words, you are not saying don't sell your assets to buy bitcoin, but instead you are suggesting to make some calculations regarding assets that you might or might not sell in order to buy bitcoin - which truly is the main overall preference to figure out the extent to which there might be more value in holding value in bitcoin versus holding that value in other assets.  Some assets gain in value, others lose value and others may generate income.. and some assets have all of those characteristics at the same time or maybe depending on other circumstances that might not always be known at the time that decisions are made. Of course, you mentioned expenses that might be associated with some, assets and furthermore, some assets may well generate income only upon the application of a lot of labor, so in the end, there may end up being some questions regarding how much labor (or other inputs) are required for the assets to actually end up generating income.

There may well be liquidity considerations too.  Some assets are more liquid than others, and sometimes liquidity could unexpectedly become more available or unexpectedly dry up, and even though we might have some guesses and/or estimations, we do not always know in advance regarding liquidity.

Also, sometimes if bitcoin is a better asset, there still could be some value to hold some value in other assets, which could be considered as diversification, but holding value in other assets can sometimes be helpful to not necessarily draw attention to situations in which you might want to have options and not necessarily have all your value tied up in bitcoin (even if you have bitcoin and cash there can be value in terms of having other assets and/or currencies)
.

Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

You know some people just have archaic understanding about Bitcoin investment and most of them are all these short term investors, they basically sell valuable assets to purchase Bitcoin with the believe that they gonna make good profits in the short run forgetting to know that Bitcoin is a high volatile asset that at some point the value depreciates and also appreciates so any investor that have a short term target can run into losses when they sell their other valuable assets to buy Bitcoin with short term targets if the value depreciates and that is why it is advisable for us to have long term targets when investing in Bitcoin and should not sell valuable assets to buy Bitcoin but we can use the returns from them.

Even though we all wish to acquire Bitcoin but we should not completely ignore other real life assets when we are investing in Bitcoin because sometimes those real life assets helps to propagate our investments in Bitcoin and that is reason why diversification is important in this regard.

I agree with you, selling off valuable asset to buy Bitcoin is not a not wise financial decision, if the asset is returning a good amount it is wise to use her return to invest in Bitcoin and not selling it off.  Basically Bitcoin would not give us massive return in a short period of time, so selling off an asset that is generating funds that is able to keep you with your daily needs just because of Bitcoin believing to have unrealistic returns is adsurb.
Diversifying is good, but new investors in Bitcoin should focus on bitcoin firstly, especially not having anything to do with shit coins, while if we already have a real life asset before we began investing in Bitcoin, I believe you keep up with it so as to enable and speed up accumulation Process of Bitcoin.
Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Here real assets can be considered as business or job which is a source of your guaranteed income depending on the amount of Bitcoin deposits. But I think DCA management for depositing Bitcoin is long term but depends on your purchase volume, portfolio is decent and at later stage if you feel your capital is more secure then you can convert some of your idle assets to Bitcoin. In that case you must review the financial solvency of the surrounding.

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June 12, 2024, 05:46:16 PM
 #634

[edited out].
Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

Surely I was not attempting to differentiate between various kinds of digital assets and digital tokens, since I was only referring to bitcoin and otherwise referring to various productive and/or non productive assets and/or currencies.

When you get into talking about various digital assets it sounds to me that you are talking about shitcoins as a way to potentially diversify, and surely I was not talking or even hinting at any of that kind of discussion, since your earlier post did not seem to do that either.

The only digital asset/token that I was referring to was bitcoin... and maybe the dollar might be digital in some cases... but much of what you had initiated your post with was talking about some kinds of physical assets that might be used for generating income, such as equipment... and so there can be assessments about those physical assets and the extent to which they hold their value and how much inputs they might require to generate income.. and then also if they depreciate in value, hold their value or potentially appreciate in value.

I quite understand your point and I apologize if i sounded contradictory but you can agree with me that Bitcoin is also a digital asset and when am talking about digital assets it my post am referring to Bitcoin precisely and I don't mean that anyone who is into Bitcoin should diversify into other projects that are of less value than Bitcoin so if anyone who is a Bitcoin investor ventures into diversifying into something that is of less value when compared with Bitcoin then such person might be considered to be mentally ill. Just like what I said initially about leasing office equipments and I said that such equipments can generate income that can be used to fund one's investment in Bitcoin instead of selling them off so that is just the form of diversification am talking about and not some shit coins or shit projects other than Bitcoin.

If you check in the area I highlighted, the more valuable assets I was referring to was Bitcoin and not any fucking shitcoins, even if I sound contradictory over there perhaps my explanation here can convince you about the mode of diversification am talking about.

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June 12, 2024, 07:11:15 PM
Merited by JayJuanGee (1)
 #635

[edited out].
Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.

Surely I was not attempting to differentiate between various kinds of digital assets and digital tokens, since I was only referring to bitcoin and otherwise referring to various productive and/or non productive assets and/or currencies.

When you get into talking about various digital assets it sounds to me that you are talking about shitcoins as a way to potentially diversify, and surely I was not talking or even hinting at any of that kind of discussion, since your earlier post did not seem to do that either.

The only digital asset/token that I was referring to was bitcoin... and maybe the dollar might be digital in some cases... but much of what you had initiated your post with was talking about some kinds of physical assets that might be used for generating income, such as equipment... and so there can be assessments about those physical assets and the extent to which they hold their value and how much inputs they might require to generate income.. and then also if they depreciate in value, hold their value or potentially appreciate in value.

I quite understand your point and I apologize if i sounded contradictory but you can agree with me that Bitcoin is also a digital asset and when am talking about digital assets it my post am referring to Bitcoin precisely and I don't mean that anyone who is into Bitcoin should diversify into other projects that are of less value than Bitcoin so if anyone who is a Bitcoin investor ventures into diversifying into something that is of less value when compared with Bitcoin then such person might be considered to be mentally ill. Just like what I said initially about leasing office equipments and I said that such equipments can generate income that can be used to fund one's investment in Bitcoin instead of selling them off so that is just the form of diversification am talking about and not some shit coins or shit projects other than Bitcoin.

If you check in the area I highlighted, the more valuable assets I was referring to was Bitcoin and not any fucking shitcoins, even if I sound contradictory over there perhaps my explanation here can convince you about the mode of diversification am talking about.
You should try and be specific with the word bitcoin instead of saying digital asset, because it can mislead new beginners who are here to learn from this thread. As you can see nobody will understand you that you mean bitcoin and that was JJG could not understand that you are talking about bitcoin.

The word bitcoin is short and easy to type than the word digital assest, because we have various type of digital assest and majority of them are shitcoins. You are an old member of this thread and you should have come across several times that JJG has being correcting whoever wants to call bitcoin and call it cryptocurrency.

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June 13, 2024, 01:59:17 AM
 #636

[edited out].
Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.
Surely I was not attempting to differentiate between various kinds of digital assets and digital tokens, since I was only referring to bitcoin and otherwise referring to various productive and/or non productive assets and/or currencies.

When you get into talking about various digital assets it sounds to me that you are talking about shitcoins as a way to potentially diversify, and surely I was not talking or even hinting at any of that kind of discussion, since your earlier post did not seem to do that either.

The only digital asset/token that I was referring to was bitcoin... and maybe the dollar might be digital in some cases... but much of what you had initiated your post with was talking about some kinds of physical assets that might be used for generating income, such as equipment... and so there can be assessments about those physical assets and the extent to which they hold their value and how much inputs they might require to generate income.. and then also if they depreciate in value, hold their value or potentially appreciate in value.
I quite understand your point and I apologize if i sounded contradictory but you can agree with me that Bitcoin is also a digital asset and when am talking about digital assets it my post am referring to Bitcoin precisely and I don't mean that anyone who is into Bitcoin should diversify into other projects that are of less value than Bitcoin so if anyone who is a Bitcoin investor ventures into diversifying into something that is of less value when compared with Bitcoin then such person might be considered to be mentally ill.

If you are referring to bitcoin, then why not just say bitcoin instead of using some ambiguous term that might cause someone to consider that you might be referring to something other than bitcoin.  Accordingly, bitcoin is not plural, so it seems to be misleading and ambiguous to describe bitcoin as a digital asset rather than just specifically referring to bitcoin. 

Using the term digital asset(s) comes off similar as using the term cryptocurrency - and becomes especially more problematic if you do not state what you are referring to.. and there is no reason to use the term digital asset, cryptocurrency or even blockchain if you are specifically referring to bitcoin, and if you are referring to some other crypto currencies, digital assets or shitcoins, then almost always it is better to also make clear which ones you are talking about - or perhaps even to state that maybe you are referring to things other than bitcoin when choosing to use such terms and generally describe something that might be happening that might relate to bitcoin but also might involve some shitcoins, too.

Just like what I said initially about leasing office equipments and I said that such equipments can generate income that can be used to fund one's investment in Bitcoin instead of selling them off so that is just the form of diversification am talking about and not some shit coins or shit projects other than Bitcoin.

Exactly, you were referring to some physical assets and talking about those in the context of considering whether or not to reallocate some of that value into bitcoin or some decisions around allocation choices, so yeah, I did not have any problem with your previous discussion, yet I did have problems with the vagueness and ambiguousness of your referring to digital assets and digital tokens... which you may as well admit that if your intention was to just talk about bitcoin then it would probably have had been better to just use the word bitcoin instead of bringing up those vague and ambiguous terms that may well cause confusion regarding what you are referring to, which it did for me and perhaps for others too. and sure there are some folks who are already used to vague, misleading and ambiguous references, so they might not even notice when you seemingly purposefully chose to do the same... maybe you are trying to sound smart.. but from my perspective (whatever that is worth?) the sues of such vague/ambiguous terms has the opposite effects.

If you check in the area I highlighted, the more valuable assets I was referring to was Bitcoin and not any fucking shitcoins, even if I sound contradictory over there perhaps my explanation here can convince you about the mode of diversification am talking about.

Whether you are apologizing, clarifying or doing some other thing in regards to your earlier word choice, we still seem to be considering that anyone making choices regarding the extent to which they might invest into bitcoin (or reallocate) still may well require a decent amount of analysis that goes into determining value changes of the assets that are being considered, perhaps how much income they generate from the asset, how much capital needs to go into the asset, and how much labor (or other inputs) might have to go into the assets that they are comparing, so we are repeating ourselves in terms of individuals making these kinds of assessments and still maybe in some cases the individual may have good (or better information) and in other cases the individual may be guessing in regards to the extent to which it might be better to stay in one asset versus another and the answers might not end up being obvious regarding expected values of being in one asset versus being in another.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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June 13, 2024, 03:59:16 AM
 #637

Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Agree with what you just said, when we invest, what we have to think about is how we manage our finances so that we don't get too high, we invest as much as possible, that's fine, but we have to remember, our remaining savings must be more than that we invest, because no matter how much investment is not necessarily profitable in an instant, it will definitely take a long time and be a long process, don't let all the savings we have be invested, wherever we want to take our daily needs, in the end we will end up going into debt first, so We have to balance it with our savings, don't let it exceed the limits of our own capabilities.

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June 13, 2024, 05:43:43 AM
Merited by JayJuanGee (1)
 #638

[edited out].
Basically, converting digital tokens to digital assets can sometimes be considered in the sense that there are assets that are more valuable than others so you can decide to sell less valuable assets to buy Bitcoin when those assets starts depreciating in value but let it not be assets that are still generating good money for you.
Surely I was not attempting to differentiate between various kinds of digital assets and digital tokens, since I was only referring to bitcoin and otherwise referring to various productive and/or non productive assets and/or currencies.

When you get into talking about various digital assets it sounds to me that you are talking about shitcoins as a way to potentially diversify, and surely I was not talking or even hinting at any of that kind of discussion, since your earlier post did not seem to do that either.

The only digital asset/token that I was referring to was bitcoin... and maybe the dollar might be digital in some cases... but much of what you had initiated your post with was talking about some kinds of physical assets that might be used for generating income, such as equipment... and so there can be assessments about those physical assets and the extent to which they hold their value and how much inputs they might require to generate income.. and then also if they depreciate in value, hold their value or potentially appreciate in value.
I quite understand your point and I apologize if i sounded contradictory but you can agree with me that Bitcoin is also a digital asset and when am talking about digital assets it my post am referring to Bitcoin precisely and I don't mean that anyone who is into Bitcoin should diversify into other projects that are of less value than Bitcoin so if anyone who is a Bitcoin investor ventures into diversifying into something that is of less value when compared with Bitcoin then such person might be considered to be mentally ill.

If you are referring to bitcoin, then why not just say bitcoin instead of using some ambiguous term that might cause someone to consider that you might be referring to something other than bitcoin.  Accordingly, bitcoin is not plural, so it seems to be misleading and ambiguous to describe bitcoin as a digital asset rather than just specifically referring to bitcoin. 

What i see there is just that cryptoprincess101 seems to mixing words up and their terms of words appear contradictory but with the explanation being given he/she is trying to discuss bitcoin but not putting words in clear terms that is just what I see there. I have come across people using ambiguous terms when trying to make description on a particular thing that they are trying to emphasize on.

Quote
Using the term digital asset(s) comes off similar as using the term cryptocurrency - and becomes especially more problematic if you do not state what you are referring to.. and there is no reason to use the term digital asset, cryptocurrency or even blockchain if you are specifically referring to bitcoin, and if you are referring to some other crypto currencies, digital assets or shitcoins, then almost always it is better to also make clear which ones you are talking about - or perhaps even to state that maybe you are referring to things other than bitcoin when choosing to use such terms and generally describe something that might be happening that might relate to bitcoin but also might involve some shitcoins, too.

Your explanation here is understandable even to a layman because when talking about digital assets, there are various form of digital assets of which most of them are in physical form and have no value when compared to Bitcoin so introducing the idea of diversification into some digital assets sounds more like putting ones investment on shitcoins/projects which will be a very wrong move for any investor dealing on Bitcoin so all I see is just wrongly use of words by Cryptoprincess 101 so I believe they have been able to understand that rather than using digital assets to describe bitcoin, coming up plane would have been the better way.
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June 13, 2024, 09:22:57 AM
Merited by JayJuanGee (1)
 #639

It solely the decision of any investor to decide how much he is willing to invest in Bitcoin or any other asset. Bitcoin have high return proportional to the investors Level of Accumulation of it (stash) which is guaranteed in a long run, it simply a matter of discipline, if the investor is disciplined there is nothing that can shift his focus.

Bitcoin's price performance is not guaranteed in the long run to go up  - even though many folks (including myself) invest into bitcoin based on presumptions that it is more likely than not to go up in the long run... so each of us needs to establish our position size in accordance with a variety of factors, including the factor that BTC's price is not guaranteed to go up.

Sometimes I do come across people talking vehemently about their investments being guaranteed in the long run forgetting to know that uncertainty do happen even though we are making speculations but the most reasons why we make good speculations about the asset we invested on is simply because we need to be positive and hope for the best in our investments but that shouldn't mean we should be too affirmative in our analysis and speculations because so far as bitcoin is concerned, there are factors that leads to projection of it's price, so if those factors don't appear in the actual direction then it will be difficult to maintain same irrational mindset or beliefs.
Basically being realistic and positive about investing in Bitcoin will motivate you to accumulate a much larger stack.You may be accumulating a part of the worldly wealth in Bitcoin and it has to pull up to a point and keep your tongue wet. I have seen some investors convert some of their assets into Bitcoin and they choose to build another asset there. And there is a reflection of their confidence. You can follow them if you have confidence and positive attitude. I think a positive attitude is absolutely essential in investing and without it you will not be able to accumulate your stack freely. You should decide to choose your cushion amount of assets in depositing Bitcoin because you are holding it and the rest of the assets are financial security.
It is better to be positive when it comes to investing. This boosts morale towards investment. But you can't be guaranteed. Investing in crypto in particular can never be guaranteed as the crypto market fluctuates all the time. Crypto market is not stable so both profit and loss are possible. Bitcoin is no exception. You can be positive when you invest in Bitcoin or Shitcoin. But being guaranteed has to be both positive and negative.

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June 13, 2024, 09:48:32 AM
Merited by JayJuanGee (1)
 #640

Your asset base should be much higher than your investments if you intend to accumulate bitcoins until you have a decent stash. You can be overly aggressive in accumulating bitcoins but realistically not at the expense of all your wealth. That's why pricing each asset level separately is to ensure maximum utilization during the period of its need. The portion of your wealth that can go into investing in Bitcoin is a fraction of your income and it may take a long time for you to reach a decent size by following the normal process but consistently running it.

Agree with what you just said, when we invest, what we have to think about is how we manage our finances so that we don't get too high, we invest as much as possible, that's fine, but we have to remember, our remaining savings must be more than that we invest, because no matter how much investment is not necessarily profitable in an instant, it will definitely take a long time and be a long process, don't let all the savings we have be invested, wherever we want to take our daily needs, in the end we will end up going into debt first, so We have to balance it with our savings, don't let it exceed the limits of our own capabilities.
it's not a must that your savings or emergency funds must be more than the amount you're using for your investment or in doing your DCA. It's all about setting the right financial management plan and ensuring that you're following it up to the latter.

A practical scenario could be that if you're earning $500 a month and then you could make a simple plan as this; for the first six months, I will
Use 40% of my earnings for my monthly upkeep. =$200
Will use 30% for my monthly DCA =$150
While I use the remaining 30% for my emergency funds=$150

If you do this for a space of six months, you should have built a $900 worth of emergency funds which if it's in my region will be enough for most kind of emergency and then you can just add up a $100 to your DCA making it $250 while if it's necessary you can add the remaining $50 to your upkeep money which will still bring it to $250. And from that point you wouldn't need to set out an amount for emergency funds since it's already figured out.

Again, this is just a model that works well for my financial level and for your case, you can choose to scale it up to 2× or 3× this number and it will still work well for you but the essence of seeting out stuff like this  is that because you're setting out an amount that's not going to take you too much time before you eventually approach your accumilation goal. As your finance grows, you can always modify the amount that you're using but the summery is that you shouldn't always assume that your DCA amount must always be small just because you're investing for the long term. Be wise enough not to over invest above your capacity but don't also use that as an excuse to underinvest.

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