Buy Buy Buy or Sell Sell Sell?

[Kliss]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

As the market dips in price, it is a good avenue for investors to buy additional bitcoin at a discount price. However, waiting for the dip to occur before buying bitcoin can make one miss good opportunities to buy through the DCA strategy.

Having said that, bitcoin investment at this time doesn't call for one to wait for the dip to happen before they buy, rather it calls for buying at any time when you have the spare money to invest just because the bull run is around the corner

Buy during Dips or buying market Dip is a strategy you take advantage of, if the funds are available when the opportunity present itself. Buying bitcoin's using a Dollar-Cost Averaging (DCA) strategy consistently will set your investment on the right track especially when you are still in the early stages (2,3,or 4years) of accumulating and funds to buy during DIPs might not be readily available. Staying committed to regular investments, regardless of market fluctuations, can help build a strong foundation for your Bitcoin portfolio over time.

If you are investing in bitcoin because of the bull run in this circle, then it is not a good investment decision because buying now and selling next year shows that investor is only interested in little profit and he is a trader. Any investors that want to use bitcoin as a back up plan in future should learn to invest and hodli for a long time while he build his bitcoin portfolio at the same time using DCA method to buy bitcoin always weekly or monthly.

Selling should come after you have passed through your accumulation stage and in a maintenance stage, by then you feel that you have enough Bitcoin in your possession and you feel that you need to take a little profit.

Investing in Bitcoin solely for short-term gains might indicate a more trading oriented approach or inexperienced investors in bitcoin space. For those looking to use Bitcoin as a long-term backup plan, it's crucial to focus on investing and holding (HODling) for an extended period. Building your Bitcoin portfolio over time through consistent purchases using the DCA method is key. Selling should typically occur after you've accumulated enough Bitcoin and transitioned into a maintenance stage, where taking some profits can be considered. It's all about the long game and strategic planning for the future with your Bitcoin investments.

[Glen Hoddle]

As the market dips in price, it is a good avenue for investors to buy additional bitcoin at a discount price. However, waiting for the dip to occur before buying bitcoin can make one miss good opportunities to buy through the DCA strategy.

Having said that, bitcoin investment at this time doesn't call for one to wait for the dip to happen before they buy, rather it calls for buying at any time when you have the spare money to invest just because the bull run is around the corner

Deciding to buy it when conditions are experiencing a downturn, of course this will make us profit when prices increase again, but we must be able to use funds that we can hold for a long period of time and don't let us not hold onto any money in the hope that it will If we can get quick profits, of course this will be detrimental to us when we decide to buy in large quantities and we cannot afford to hold on for a long period of time.

You are right, we don't have to wait for a decline if we really want to collect Bitcoin and also we can't know very well when the price is really at its lowest and I agree with you that it would be better if we could buy whenever we have more funds and can hold in long period of time.

If you want to take this step, you must divide your funds into two to three parts. One part is used for long term folding, second part you buy dip, and third part you keep for emergency fund. Because the more bitcoins you receive, the more benefits you will receive. 
Of course it should be invested for the long term, you may get more benefits in the short term and face losses later on. But be sure to watch yourself and buy more dips, so that you will be able to reap the maximum benefit when the bull market arrives later.

[Shadiq]

[edited out]

[edited out]

If you want to take this step, you must divide your funds into two to three parts. One part is used for long term folding, second part you buy dip, and third part you keep for emergency fund. Because the more bitcoins you receive, the more benefits you will receive. 
Of course it should be invested for the long term, you may get more benefits in the short term and face losses later on. But be sure to watch yourself and buy more dips, so that you will be able to reap the maximum benefit when the bull market arrives later.

No one wants to miss an opportunity to buy the dip. This is because buying deep allows you to buy more bitcoins at a lower price, which helps you make more profits during bull markets. But the investment should be long-term. You won't accumulate much bitcoin just by sitting around hoping to buy the dip. You have to deposit bitcoins regularly (ie DCA method). There is no fixed time for buying dips. In this case you can buy dip using your reserve fund.

[Agbamoni]

As the market dips in price, it is a good avenue for investors to buy additional bitcoin at a discount price. However, waiting for the dip to occur before buying bitcoin can make one miss good opportunities to buy through the DCA strategy.

Having said that, bitcoin investment at this time doesn't call for one to wait for the dip to happen before they buy, rather it calls for buying at any time when you have the spare money to invest just because the bull run is around the corner

Deciding to buy it when conditions are experiencing a downturn, of course this will make us profit when prices increase again, but we must be able to use funds that we can hold for a long period of time and don't let us not hold onto any money in the hope that it will If we can get quick profits, of course this will be detrimental to us when we decide to buy in large quantities and we cannot afford to hold on for a long period of time.

You are right, we don't have to wait for a decline if we really want to collect Bitcoin and also we can't know very well when the price is really at its lowest and I agree with you that it would be better if we could buy whenever we have more funds and can hold in long period of time.

It's a good decision to buy when the price dips but people make the mistake of using funds that are purely kept for other important purposes to buy Bitcoin when it dips leaving them in situations where they struggle to keep up with the investment after doing that. There is no point jeopardizing our investment because of we want to buy the dip. It is optional to buy the dip and not compulsory if we are using other strategies to buy. Imagine a case where we invest 20$ in Bitcoin every week from what we make, we also have our emergency funds and savings or money we keep for the week. Then because of the dip we use all that money for emergencies and savings plus the weekly upkeep to buy the totally wrong dip because if para ventures an emergency comes along the day, we will have no choice but to tap into our investment by selling some to take care of the emergencies.

[Jewan420]

[edited out]

[edited out]

If you want to take this step, you must divide your funds into two to three parts. One part is used for long term folding, second part you buy dip, and third part you keep for emergency fund. Because the more bitcoins you receive, the more benefits you will receive. 
Of course it should be invested for the long term, you may get more benefits in the short term and face losses later on. But be sure to watch yourself and buy more dips, so that you will be able to reap the maximum benefit when the bull market arrives later.

No one wants to miss an opportunity to buy the dip. This is because buying deep allows you to buy more bitcoins at a lower price, which helps you make more profits during bull markets. But the investment should be long-term. You won't accumulate much bitcoin just by sitting around hoping to buy the dip. You have to deposit bitcoins regularly (ie DCA method). There is no fixed time for buying dips. In this case you can buy dip using your reserve fund.

Yes, it is true that there is no fixed time for buying dips. Dip buying time comes unexpectedly, at that time we may not have enough money reserves to buy the dip. In such a situation Reserve Fund can play an important role. While investing in Bitcoin we can make the investment stronger and safer by creating different funds. Reserve fund is one of those funds.

[Bravut]

As the market dips in price, it is a good avenue for investors to buy additional bitcoin at a discount price. However, waiting for the dip to occur before buying bitcoin can make one miss good opportunities to buy through the DCA strategy.

Having said that, bitcoin investment at this time doesn't call for one to wait for the dip to happen before they buy, rather it calls for buying at any time when you have the spare money to invest just because the bull run is around the corner

Deciding to buy it when conditions are experiencing a downturn, of course this will make us profit when prices increase again, but we must be able to use funds that we can hold for a long period of time and don't let us not hold onto any money in the hope that it will If we can get quick profits, of course this will be detrimental to us when we decide to buy in large quantities and we cannot afford to hold on for a long period of time.

You are right, we don't have to wait for a decline if we really want to collect Bitcoin and also we can't know very well when the price is really at its lowest and I agree with you that it would be better if we could buy whenever we have more funds and can hold in long period of time.

It gives us an advantage to get more profits when we decide to buy when the market is experiencing a dip. But people should not always look for that scenario since if they think on when they could able to start on their bitcoin investment journey then perfect answer with that is whenever they are ready to accumulate. Nothing wrong with people looking for quick profit since its normal for certain individual to ask that but the question is can they handle the huge risk for acquiring that? If they don't want to be in risky situation then long term will be the good option for them. The only thing they do is to spend their spare money then set their investment timeline to 4-10 years then provably that they would have greater chances to earn especially if they have knowledge on how to do it and what are the best method to use to make their long term investment decisions goes successful.

People don't need a decline to accumulate they need to act as soon as they can so they could able to start  their investment journey with bitcoin.

I agree with you, on the ground of how buying the dip is advantageous in profit making, but the simple trick is investor/Bitcoiners can't really tell the Dip price. In essence waiting for Dips is a waste of time because one can still be accumulating this building a solid Bitcoin portfolio and might without his one knowledge but the dip price too, if one wanna buy the Dip... It is best such investor have a separate fund already reserved for that which he can use when the time comes, and not slow down or accumulate nothing because of waiting for Dip prices.

[AirtelBuzz]

[edited out]

[edited out]

If you want to take this step, you must divide your funds into two to three parts. One part is used for long term folding, second part you buy dip, and third part you keep for emergency fund. Because the more bitcoins you receive, the more benefits you will receive.  
Of course it should be invested for the long term, you may get more benefits in the short term and face losses later on. But be sure to watch yourself and buy more dips, so that you will be able to reap the maximum benefit when the bull market arrives later.

No one wants to miss an opportunity to buy the dip. This is because buying deep allows you to buy more bitcoins at a lower price, which helps you make more profits during bull markets. But the investment should be long-term. You won't accumulate much bitcoin just by sitting around hoping to buy the dip. You have to deposit bitcoins regularly (ie DCA method). There is no fixed time for buying dips. In this case you can buy dip using your reserve fund.

Yes, Everyone waits to buy Bitcoin at a low price i.e. everyone waits to buy the dip. Basically people are interested in buying bitcoins at low prices because they will profit more during the bullish season. But market dips happen unexpectedly.

The dip season gives people an additional opportunity to buy more bitcoins with less money. It is better to use regular DCA instead of waiting for dip period to invest in Bitcoin. We are currently going through a dip season in the market, maybe the market will recover from this situation and the price of Bitcoin will rise again. Those who are already investing regularly using DCA method will have the opportunity to buy more bitcoins with their money during this period which will guarantee them more profit in the next bullish season.

[Kliss]

Yes, Everyone waits to buy Bitcoin at a low price i.e. everyone waits to buy the dip. Basically people are interested in buying bitcoins at low prices because they will profit more during the bullish season. But market dips happen unexpectedly.

Not every investor waits to buy during dips, before they can accumulate bitcoin there are investors who are consistently buy bitcoin but also reserves funds if the dip opportunity present itself. This approach combines the benefits of regular investment with the flexibility to capitalise on market fluctuations when they occur. By staying proactive and prepared for potential dips, investors can optimize their investment strategy for long-term success.

The dip season gives people an additional opportunity to buy more bitcoins with less money. It is better to use regular DCA instead of waiting for dip period to invest in Bitcoin. We are currently going through a dip season in the market, maybe the market will recover from this situation and the price of Bitcoin will rise again. Those who are already investing regularly using DCA method will have the opportunity to buy more bitcoins with their money during this period which will guarantee them more profit in the next bullish season.

Yeah definitely, It's wise to stick to a regular Dollar-Cost Averaging (DCA) strategy rather than waiting for market dips to invest in Bitcoin. By consistently investing over time, you can benefit from the average price of Bitcoin and potentially accumulate more coins, especially during market downturns. This approach helps reduce the impact of market volatility and allows for a disciplined investment strategy, ensuring that you can maximise your gains in the long run.

[JayJuanGee]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

As the market dips in price, it is a good avenue for investors to buy additional bitcoin at a discount price. However, waiting for the dip to occur before buying bitcoin can make one miss good opportunities to buy through the DCA strategy.

Having said that, bitcoin investment at this time doesn't call for one to wait for the dip to happen before they buy, rather it calls for buying at any time when you have the spare money to invest just because the bull run is around the corner

If you are investing in bitcoin because of the bull run in this circle, then it is not a good investment decision because buying now and selling next year shows that investor is only interested in little profit and he is a trader. Any investors that want to use bitcoin as a back up plan in future should learn to invest and hodli for a long time while he build his bitcoin portfolio at the same time using DCA method to buy bitcoin always weekly or monthly.

Selling should come after you have passed through your accumulation stage and in a maintenance stage, by then you feel that you have enough Bitcoin in your possession and you feel that you need to take a little profit.

I still think that anyone who starts to engage in selling of their bitcoin, even small amounts, they need to come to their own assessment that NOT ONLY have they accumulated enough bitcoin, but that they have accumulated more than enough, and yeah, there is no way that any of us can really reach that conclusion for someone else without getting more details about both their finances and their psychology, which also relates to both their 9 individual factors and their goals.

Sometimes we might make these kinds of assessments in terms of how we perceive of getting to fuck you status, yet we might not even need to get to fuck you status if we start to think about some needs to reallocate or even to less allocate to bitcoin, which could justify some selling or instead might end up justifying putting new money into other investments and just letting the BTC investment ride, so in that sense, the more value that we have accumulated into bitcoin and also perhaps starting to build value in other assets (not necessarily shitcoins) could justify either being able to sell some bitcoin or focusing on buying assets other than bitcoin.

Maybe an example could be helpful?  Let's say that a guy had been working, saving and investing around 10 years in October 2017, and he found out about bitcoin and started getting into bitcoin in about October 2017, and at that time, he had around a $50k per year salary and around $100k invested into other assets (traditional assets, not bitcoin and not shitcoins), so in historically, he had been able to invest around $100 to $200 per week with some variation, so he thought that he might be able to continue with some similar level of investment with his adding bitcoin to his investment portfolio, yet he wanted to try to get to something like a 15% allocation into bitcoin.  He did not want to draw from his other investments right away, but he knew that he could shuffle around his investments in such a way that he would be able to invest something like $300 per week into bitcoin for the the first year (which would bring him up to something close to $15,900 invested over the first year, and then thereafter he would go to something around $150 per week either all of it into bitcoin or to invest in bitcoin and into his traditional portfolio.

So after his first year investing into bitcoin from December 1, 2017 until December 1, 2018, he had invested $15,900 into bitcoin and he had accumulated 2.06490 BTC... So he felt pretty good about that - even though largely his bitcoin holdings were then in the negative, since bitcoin had been spending a lot of time bouncing above $6k, testing $6k but not going below $6k until November 2018, so then the BTC price had gone down to $3,124 and also had been spending a lot of time around $4k-ish, which was way less than his average cost per BTC which was close to $8k per BTCe, and since he had been continuing to study about bitcoin the whole year that he had been investing into it, and bitcoin continued to be in a kind of price correction, he decided that he was going to continue to invest into bitcoin and not into his other investments around $150 per week into bitcoin and not into his other investments (and also not into shitcoins).

So really after this first year investing into bitcoin, this guy is getting to a point of reaching his investment goals of 15% into bitcoin, but then when he decides to continue to invest all of his investment into bitcoin and not into his other investments (based on the BTC price being down), surely he is starting to approach a state of overinvestment.. maybe not yet after 1 year investing into bitcoin, but if he continues investing $150 per week into bitcoin for the next year, then by the end of 2019, he surely has become overinvested in bitcoin, even if he may or may not be much in profits and even though he is likely still not even close to his fuck you level... So I can see where this is going, and whether it is one or two years more that he invests at $150 per week, he might start to feel overinvested into bitcoin.. but there also could be situations where the guy had continued to invest into his other investments, so during the whole period that he had been investing into bitcoin, his other investments diluted the amount that he could put into bitcoin, so in a case that he is investing in bitcoin and his other investments at the same time, it could take him 4-6 years or more before he reaches a status of being overinvested into bitcoin.

I still believe that there is a need to get to a pretty clear status of feeling overly invested into bitcoin before any sales of bitcoin might be reasonably concluded to be the case, and sometimes there is the amount that had been invested, but also there could be bitcoin price appreciation that ends up bringing the BTC portfolio into a status of being overly invested as compared to other assets that the guy has which may or may not justify that he continues to invest in some of those other assets or figure out some kind of a way that he does not start to conclude that he has too much in bitcoin and not enough in other assets, whether it is dollar or dollar equivalent (fiat too) or something like stocks, bonds, properties or commodities.

Once we have some of the base cases of the hypothetical person who started investing into bitcoin in 2017, we can make a variety of scenarios from the same guy and to figure out varioius points in which the guy might reach his bitcoin accumulation target and to figure out if he has just reached his target (and if that is enough) or does he need to get to some kind of an overly accumulated status prior to justifying starting to employ in strategies that might be something other than just straight-forward regular, consistent and persistent DCA accumulating of BTC.

Also Sim_card, I find it problematic that you use the term "take profits" to describe what any hypothetical BTC accumulator might be doing when he starts to sell some of his BTC.  That is more of a trading term rather than an investing term, since we should not be considering that we are taking profits in dollars (fuck dollars), but we may well need to hedge our investment in BTC, so frequently  we need to keep some value in dollars or dollar-related assets in order to attempt to create some stability in our own BTC investment status... which is part of the sense that we get if we are overly accumulated in BTC, we may well be better off having some of the less valuable assets in order to hedge and insure our BTC investment, and I don't consider that taking profits, even though surely as we get richer and richer from our having investments, we have assets that are in BTC and in dollars and in other dollar related investments, so there are going to be times that we are using our dollars to consume more and to increase our standard of living because we are richer and we have more options, yet I still find it problematic to be referring to that as taking profits, since that seems to be such a trader kind of a reference.

[Reincarnated Sat]

This is going to be an opportunity for new investors that he might have been waiting for with his short capital. There are also many who are within the DCA who may increase their buying. Everyone should be inclined to buy on dips otherwise you will walk away from huge profits. You should definitely buy bitcoin from dips as it may be short term and soon turn bullish.

As the market dips in price, it is a good avenue for investors to buy additional bitcoin at a discount price. However, waiting for the dip to occur before buying bitcoin can make one miss good opportunities to buy through the DCA strategy.

Having said that, bitcoin investment at this time doesn't call for one to wait for the dip to happen before they buy, rather it calls for buying at any time when you have the spare money to invest just because the bull run is around the corner

If you are investing in bitcoin because of the bull run in this circle, then it is not a good investment decision because buying now and selling next year shows that investor is only interested in little profit and he is a trader. Any investors that want to use bitcoin as a back up plan in future should learn to invest and hodli for a long time while he build his bitcoin portfolio at the same time using DCA method to buy bitcoin always weekly or monthly.

Selling should come after you have passed through your accumulation stage and in a maintenance stage, by then you feel that you have enough Bitcoin in your possession and you feel that you need to take a little profit.

I still think that anyone who starts to engage in selling of their bitcoin, even small amounts, they need to come to their own assessment that NOT ONLY have they accumulated enough bitcoin, but that they have accumulated more than enough, and yeah, there is no way that any of us can really reach that conclusion for someone else without getting more details about both their finances and their psychology, which also relates to both their 9 individual factors and their goals.

Sometimes we might make these kinds of assessments in terms of how we perceive of getting to fuck you status, yet we might not even need to get to fuck you status if we start to think about some needs to reallocate or even to less allocate to bitcoin, which could justify some selling or instead might end up justifying putting new money into other investments and just letting the BTC investment ride, so in that sense, the more value that we have accumulated into bitcoin and also perhaps starting to build value in other assets (not necessarily shitcoins) could justify either being able to sell some bitcoin or focusing on buying assets other than bitcoin.

Maybe an example could be helpful?  Let's say that a guy had been working, saving and investing around 10 years in October 2017, and he found out about bitcoin and started getting into bitcoin in about October 2017, and at that time, he had around a $50k per year salary and around $100k invested into other assets (traditional assets, not bitcoin and not shitcoins), so in historically, he had been able to invest around $100 to $200 per week with some variation, so he thought that he might be able to continue with some similar level of investment with his adding bitcoin to his investment portfolio, yet he wanted to try to get to something like a 15% allocation into bitcoin.  He did not want to draw from his other investments right away, but he knew that he could shuffle around his investments in such a way that he would be able to invest something like $300 per week into bitcoin for the the first year (which would bring him up to something close to $15,900 invested over the first year, and then thereafter he would go to something around $150 per week either all of it into bitcoin or to invest in bitcoin and into his traditional portfolio.

So after his first year investing into bitcoin from December 1, 2017 until December 1, 2018, he had invested $15,900 into bitcoin and he had accumulated 2.06490 BTC... So he felt pretty good about that - even though largely his bitcoin holdings were then in the negative, since bitcoin had been spending a lot of time bouncing above $6k, testing $6k but not going below $6k until November 2018, so then the BTC price had gone down to $3,124 and also had been spending a lot of time around $4k-ish, which was way less than his average cost per BTC which was close to $8k per BTCe, and since he had been continuing to study about bitcoin the whole year that he had been investing into it, and bitcoin continued to be in a kind of price correction, he decided that he was going to continue to invest into bitcoin and not into his other investments around $150 per week into bitcoin and not into his other investments (and also not into shitcoins).

So really after this first year investing into bitcoin, this guy is getting to a point of reaching his investment goals of 15% into bitcoin, but then when he decides to continue to invest all of his investment into bitcoin and not into his other investments (based on the BTC price being down), surely he is starting to approach a state of overinvestment.. maybe not yet after 1 year investing into bitcoin, but if he continues investing $150 per week into bitcoin for the next year, then by the end of 2019, he surely has become overinvested in bitcoin, even if he may or may not be much in profits and even though he is likely still not even close to his fuck you level... So I can see where this is going, and whether it is one or two years more that he invests at $150 per week, he might start to feel overinvested into bitcoin.. but there also could be situations where the guy had continued to invest into his other investments, so during the whole period that he had been investing into bitcoin, his other investments diluted the amount that he could put into bitcoin, so in a case that he is investing in bitcoin and his other investments at the same time, it could take him 4-6 years or more before he reaches a status of being overinvested into bitcoin.

I still believe that there is a need to get to a pretty clear status of feeling overly invested into bitcoin before any sales of bitcoin might be reasonably concluded to be the case, and sometimes there is the amount that had been invested, but also there could be bitcoin price appreciation that ends up bringing the BTC portfolio into a status of being overly invested as compared to other assets that the guy has which may or may not justify that he continues to invest in some of those other assets or figure out some kind of a way that he does not start to conclude that he has too much in bitcoin and not enough in other assets, whether it is dollar or dollar equivalent (fiat too) or something like stocks, bonds, properties or commodities.

Once we have some of the base cases of the hypothetical person who started investing into bitcoin in 2017, we can make a variety of scenarios from the same guy and to figure out varioius points in which the guy might reach his bitcoin accumulation target and to figure out if he has just reached his target (and if that is enough) or does he need to get to some kind of an overly accumulated status prior to justifying starting to employ in strategies that might be something other than just straight-forward regular, consistent and persistent DCA accumulating of BTC.

Also Sim_card, I find it problematic that you use the term "take profits" to describe what any hypothetical BTC accumulator might be doing when he starts to sell some of his BTC.  That is more of a trading term rather than an investing term, since we should not be considering that we are taking profits in dollars (fuck dollars), but we may well need to hedge our investment in BTC, so frequently  we need to keep some value in dollars or dollar-related assets in order to attempt to create some stability in our own BTC investment status... which is part of the sense that we get if we are overly accumulated in BTC, we may well be better off having some of the less valuable assets in order to hedge and insure our BTC investment, and I don't consider that taking profits, even though surely as we get richer and richer from our having investments, we have assets that are in BTC and in dollars and in other dollar related investments, so there are going to be times that we are using our dollars to consume more and to increase our standard of living because we are richer and we have more options, yet I still find it problematic to be referring to that as taking profits, since that seems to be such a trader kind of a reference.

Your writing are so impactful and you really made good point here, well for me before one can start selling some part of his or her Bitcoin they should first get to a magnificent point with Bitcoin that is growing with Bitcoin to a mile stone that will surprise the world in general, I don't just target to reach a particular amount since I'm using the DCA strategy I will keep investing till I make a remarkable history with Bitcoin and I think everyone investing in Bitcoin should carry this with them.
Everyone has his or her target in Bitcoin investment and a lot of people I feel are just Bitcoin trader and not investors, if you have a target to sell your bitcoin as soon as there's a rise in Bitcoin then you are just a Bitcoin trader. Those that has held unto Bitcoin from 2017 till date are those that wants to make history with Bitcoin and are really investors, the way I see my Bitcoin investment is different from others my Bitcoin investment will be an inheritance to my children and so I can't just start selling my Bitcoin.

I think the only assessment to no if someone has accumulated more than enough Bitcoin is if you have three-and-a-half to six times your pre retirement gross income in bitcoin or if you have accumulated more than expectation, I think we should not just bring to ourselves what we think we be the assessment the one I wrote is just my opinion and I think there should be an official assessment for this in Bitcoin investment.

In my own sense I think before thinking about selling our Bitcoin we should really think about it and ask ourselves what will I stand to gain if I start selling now and what will I stand to lose if I start selling now, I think this question will help you make a good decision.

[Miles2006]

As the market dips in price, it is a good avenue for investors to buy additional bitcoin at a discount price. However, waiting for the dip to occur before buying bitcoin can make one miss good opportunities to buy through the DCA strategy.

Having said that, bitcoin investment at this time doesn't call for one to wait for the dip to happen before they buy, rather it calls for buying at any time when you have the spare money to invest just because the bull run is around the corner

Deciding to buy it when conditions are experiencing a downturn, of course this will make us profit when prices increase again, but we must be able to use funds that we can hold for a long period of time and don't let us not hold onto any money in the hope that it will If we can get quick profits, of course this will be detrimental to us when we decide to buy in large quantities and we cannot afford to hold on for a long period of time.

You are right, we don't have to wait for a decline if we really want to collect Bitcoin and also we can't know very well when the price is really at its lowest and I agree with you that it would be better if we could buy whenever we have more funds and can hold in long period of time.

If you want to take this step, you must divide your funds into two to three parts. One part is used for long term folding, second part you buy dip, and third part you keep for emergency fund. Because the more bitcoins you receive, the more benefits you will receive. 
Of course it should be invested for the long term, you may get more benefits in the short term and face losses later on. But be sure to watch yourself and buy more dips, so that you will be able to reap the maximum benefit when the bull market arrives later.

You don’t have to divide your funds when it comes to accumulating using different strategies, from my opinion you  just have to buy and plan your accumulation process. The planning simply means your monthly or weekly plan whereby you don’t have to wait ahead of time before you start using any amount to buy, talking about emergency funds I believe this is compulsory as it’s right for every investor to build an emergency fund while accumulating bitcoin.

[JayJuanGee]

[edited out]

I think the only assessment to no if someone has accumulated more than enough Bitcoin is if you have three-and-a-half to six times your pre retirement gross income in bitcoin or if you have accumulated more than expectation, I think we should not just bring to ourselves what we think we be the assessment the one I wrote is just my opinion and I think there should be an official assessment for this in Bitcoin investment.

I think that one of the mistakes that people make is not having enough, and if you plan to have ONLY 3-6 times your needed annual expenses, then you seem to be thinking about cashing out principle and interest, which I would not consider to be sustainable.. even though it is possible with bitcoin 3-6 times could still work out, but it is problematic in terms of how it is going to end up withdrawing principle and not going to be sustainable (from my point of view).

In traditional investments, there is a presumption of being able to sustainably withdraw 4% per year, and so if you have 20-30 years worth of income, that 4% per year should work for you.

Yet, I personally speculate that somewhere close to 10% could be sustainable, which would mean that you ONLY need to have around 10 years worth of your annual expenses for your 10% withdrawal rate to be sustainable.

Of course, each person needs to make their own assessments, and I personally assess the value of my BTC based on the 200-WMA rather than based on spot price, which likely gives an additional cushion of not getting into withdrawal status prior to having eniough.

In my own sense I think before thinking about selling our Bitcoin we should really think about it and ask ourselves what will I stand to gain if I start selling now and what will I stand to lose if I start selling now, I think this question will help you make a good decision.

I think that the better question is whether you are able to assess your withdrawal strategy as being sustainable or not, so if you do not have enough to have a withdrawal strategy, then you have not reached a high enough BTC accumulation to begin your withdrawals.. but hey whatever you can do what you like whether it is sustainable or not.. I personally believe sustainability of your withdrawal system (amounts and do you have enough) is the key to success with your long term investing rather than ending up cashing out all of your BTC prior and then ending up with a bunch of worthless dollars or whatever was your inferior investment and/or decision to consume rather than to make sur taht you have enough prior to staring to consume.

[uswa56]

Deciding to buy it when conditions are experiencing a downturn, of course this will make us profit when prices increase again, but we must be able to use funds that we can hold for a long period of time and don't let us not hold onto any money in the hope that it will If we can get quick profits, of course this will be detrimental to us when we decide to buy in large quantities and we cannot afford to hold on for a long period of time.

You are right, we don't have to wait for a decline if we really want to collect Bitcoin and also we can't know very well when the price is really at its lowest and I agree with you that it would be better if we could buy whenever we have more funds and can hold in long period of time.

If you want to take this step, you must divide your funds into two to three parts. One part is used for long term folding, second part you buy dip, and third part you keep for emergency fund. Because the more bitcoins you receive, the more benefits you will receive. 
Of course it should be invested for the long term, you may get more benefits in the short term and face losses later on. But be sure to watch yourself and buy more dips, so that you will be able to reap the maximum benefit when the bull market arrives later.

Dividing several portions of the funds we have to invest is a very good plan so that we can carry out investments without having any disturbances, because if we do not have proper planning when carrying out investments of course it will be very difficult for us to make a profit from carrying out investments. investments and we may even experience losses from these investments.

I agree with you, it would be better to maintain investment in the long term and as you said we have to be very careful when buying during a downturn and don't let us be unable to maintain investment in the long term and wait for profits when prices increase.

[Reincarnated Sat]

[edited out]

I think the only assessment to no if someone has accumulated more than enough Bitcoin is if you have three-and-a-half to six times your pre retirement gross income in bitcoin or if you have accumulated more than expectation, I think we should not just bring to ourselves what we think we be the assessment the one I wrote is just my opinion and I think there should be an official assessment for this in Bitcoin investment.

I think that one of the mistakes that people make is not having enough, and if you plan to have ONLY 3-6 times your needed annual expenses, then you seem to be thinking about cashing out principle and interest, which I would not consider to be sustainable.. even though it is possible with bitcoin 3-6 times could still work out, but it is problematic in terms of how it is going to end up withdrawing principle and not going to be sustainable (from my point of view).

In traditional investments, there is a presumption of being able to sustainably withdraw 4% per year, and so if you have 20-30 years worth of income, that 4% per year should work for you.

Yet, I personally speculate that somewhere close to 10% could be sustainable, which would mean that you ONLY need to have around 10 years worth of your annual expenses for your 10% withdrawal rate to be sustainable.

Of course, each person needs to make their own assessments, and I personally assess the value of my BTC based on the 200-WMA rather than based on spot price, which likely gives an additional cushion of not getting into withdrawal status prior to having eniough.

Yeah I agree with you not having enough is one mistake a lot of people have some don't even know or understand when they have enough or not and that is why you see them selling of there Bitcoin and later regret.
Reason from your point of view the yeah The three-and-a-half to six times your pre retirement gross income in bitcoin may be problematic and that is why it is always advised to seek for other people's opinion and evaluate it and then chose which is better, one can still decide after evaluation to take his own idea or that of others and that one of the main reasons I love this forum we share ideas.

You said one ONLY need to have around 10 years worth of your annual expenses for your 10% withdrawal rate to be sustainable, and I ask what is the person's weekly or monthly salary is small maybe just $100 or $200 a month will this advice still go.
Well for me I think one's salary and how much he or she invest on Bitcoin weekly or monthly using the DCA strategy plays a very important role when it comes to reaching a rate to be sustainable because if for example I'm investing on $10 or $20 weekly or monthly on Bitcoin and another is investing $100 to $200 weekly or monthly it will have different time for reaching a rate to be sustainable. ( My point of view).

Yeah everyone has there own assessment and I love that you assess the value of your Bitcoin based on the 200-WMA rather than based on spot price and that is what I was saying earlier that accessing one Bitcoin by price will make you sale off your bitcoin thinking that has reached or you have accumulated enough and for me I think accessing it by price will be a big mistake anyone will do because it will always end in regret, I know was someone that once accessed his Bitcoin by price and and he also went ahead and sold everything and till date he is regretting his actions.

In my own sense I think before thinking about selling our Bitcoin we should really think about it and ask ourselves what will I stand to gain if I start selling now and what will I stand to lose if I start selling now, I think this question will help you make a good decision.

I think that the better question is whether you are able to assess your withdrawal strategy as being sustainable or not, so if you do not have enough to have a withdrawal strategy, then you have not reached a high enough BTC accumulation to begin your withdrawals.. but hey whatever you can do what you like whether it is sustainable or not.. I personally believe sustainability of your withdrawal system (amounts and do you have enough) is the key to success with your long term investing rather than ending up cashing out all of your BTC prior and then ending up with a bunch of worthless dollars or whatever was your inferior investment and/or decision to consume rather than to make sur taht you have enough prior to staring to consume.

Yeah you are correct and I agree with you, sustainability of one withdraw system helps, before one will consider withdraw he or she should first check if he or she has a sustainable withdrawal strategy and if there's no good withdraw strategy then it means one has not accumulated enough Bitcoin, this point of yours if followed very well will really help in knowing if one has accumulated enough or not.

[chigo]

-cut-
Invest based on your financial strength and don't borrow money to own more Bitcoin because when the market corrects and you invested more than your Hodling limit, you'll be panicking and probably miss out of gains you were suppose to get as you sold under pressure so it is advised as a newbie to use the DCA strategy for your accumulation journey and also try to have an emergency, reserve and float funds in other to secure your investment.

Although it is not recommended to borrow to invest in bitcoin, if you have a source of income to pay the loan and a lending platform with affordable interest, it is not a problem. Because there are cases where investors who see the opportunity to invest in bitcoin then mortgage their cars to the bank or borrow with their savings as collateral with an interest of only a few percent, and then invest the money in bitcoin, and after a while he finally gets the profit as he expected first.

The point is how you can use the debt as you expect, have the ability to pay the debt, and consider the very low interest rate, and most importantly not from loan sharks. If you can utilize debt well and have good financial management, borrowing to invest in bitcoin should not be a problem.

But why borrowing to invest in Bitcoin when you are working why not use the DCA strategy and accumulate as much as you can, from your explanation you talk like someone that trade Bitcoin and that's not a good option for me and my follow newbies, anyone coming into Bitcoin should have the mindset of long term investment, it is always advised for anyone going into Bitcoin investment to have a source of income and also have emergency, reserve and float funds in other to secure your investment when this is in place there's no need to put your self in debt all you need to do is to use the DCA strategy and start accumulating and hodling too for a long term.
Borrowing to invest in Bitcoin is a wrong idea when is only advised to borrow is when you have a very big emergency or issue and you have exhausted your emergency, reserve and float funds then you can borrow instead of dipping hands into your Bitcoin investment since you already have a steady source of income and will pay back once you receive your salary.

DCA is not the only best strategy for newbies, you can do lump sum if needed. And it seems you are a little confused about what I am saying. I am not saying that someone who has no income can take a loan and invest in bitcoin, see what I said "if you have a source of income to pay the loan and a lending platform with affordable interest, it is not a problem" you need to see what I am emphasizing there. I am talking about how someone can use debt for their bitcoin investment purposes and that is not a bad idea at all, it just depends on the skill of the person in managing their debt and see the potential of bitcoin investment in the future. If they are not sure about it, they can do accumulation or DCA and invest in the long term.

[bestcoins1]

You don’t have to divide your funds when it comes to accumulating using different strategies, from my opinion you  just have to buy and plan your accumulation process. The planning simply means your monthly or weekly plan whereby you don’t have to wait ahead of time before you start using any amount to buy, talking about emergency funds I believe this is compulsory as it’s right for every investor to build an emergency fund while accumulating bitcoin.

Emergency funds do not need to be reminded repeatedly because every investor is already very aware of this as an important thing in their own plans for any matter. As for the ways and methods that need to be used, whether it is accumulating Bitcoin every month, it always needs to be applied for those who like to collect Bitcoin by buying in every market condition. Because investors who don't like selling or who are looking to continue accumulating Bitcoin are people who haven't set a plan to sell so they will be more likely to keep buying in the way they like.

[Jewan420]

Because investors who don't like to sell or who want to continue accumulating bitcoins are people who haven't set a plan to sell they will be more likely to continue buying as they like.

Every investment should have an end, just as every chapter ends. If the investment doesn't end. There is no point in investing, I would consider it worthless. You have been investing all your life, but have not been able to enjoy the money invested. I consider such an investment futile. But I am not saying that you should end the investment too soon. You invest a certain amount and after getting your desired profit exit the investment and enjoy that money and start investing again. You can continue like this as long as you are able to generate income. Build a sizable investment fund years before you retire from your career so you can enjoy it in retirement. If you only invest all your life, that money may one day be left uninherited. Because human death comes unexpectedly.

[Sim_card]

Because investors who don't like to sell or who want to continue accumulating bitcoins are people who haven't set a plan to sell they will be more likely to continue buying as they like.

Every investment should have an end, just as every chapter ends. If the investment doesn't end. There is no point in investing, I would consider it worthless. You have been investing all your life, but have not been able to enjoy the money invested. I consider such an investment futile. But I am not saying that you should end the investment too soon. You invest a certain amount and after getting your desired profit exit the investment and enjoy that money and start investing again. You can continue like this as long as you are able to generate income. Build a sizable investment fund years before you retire from your career so you can enjoy it in retirement. If you only invest all your life, that money may one day be left uninherited. Because human death comes unexpectedly.

I disagree with you on what you said above, you are sounding more of a trader than an investor.
Let us forget about bitcoin investment and talk about the real life investment. Coca cola has being there even before I was given birth to and the company is still generating profit till date. Investment is what takes time to build and maintain it so that it can start generating profit for you.

This is how bitcoin investment is, if you buy bitcoin and you have made profit because of that you sold all your bitcoin investment believing that you will back back again. What if the price is above the price that you sold it and didn't come down for a long time, it means that you will use the money to take care of unexpected challenges that will come your way because you feel that you can get the money back before bitcoin price will dip.

You should also not forget that buying and selling is not an investment because you will regret your actions in future for chasing little profits when the price of bitcoin is very high. Don't also forget that as time passes on, the price of bitcoin keeps increasing and you will be missing from the compounding value of bitcoin assuming you are only buying. Bitcoin investment is for the future back up so that at old age you can depend on your bitcoin investment for survival by shaving little profit because you have accumulated more than enough Bitcoin.

No one says that you should not enjoy from your investment but not when the invest is not matured because you will not get a good profit it. Buying and selling is a waste of time and short sightedness of the potential of bitcoin in future. You can still pass on your bitcoin investment to your heirs which is not a bad idea. Invest in bitcoin for a long-term and hodli in order for you enjoy from your bitcoin investment.

[Jewan420]

Because investors who don't like to sell or who want to continue accumulating bitcoins are people who haven't set a plan to sell they will be more likely to continue buying as they like.

Every investment should have an end, just as every chapter ends. If the investment doesn't end. There is no point in investing, I would consider it worthless. You have been investing all your life, but have not been able to enjoy the money invested. I consider such an investment futile. But I am not saying that you should end the investment too soon. You invest a certain amount and after getting your desired profit exit the investment and enjoy that money and start investing again. You can continue like this as long as you are able to generate income. Build a sizable investment fund years before you retire from your career so you can enjoy it in retirement. If you only invest all your life, that money may one day be left uninherited. Because human death comes unexpectedly.

I disagree with you on what you said above, you are sounding more of a trader than an investor.
Let us forget about bitcoin investment and talk about the real life investment. Coca cola has being there even before I was given birth to and the company is still generating profit till date. Investment is what takes time to build and maintain it so that it can start generating profit for you.

This is how bitcoin investment is, if you buy bitcoin and you have made profit because of that you sold all your bitcoin investment believing that you will back back again. What if the price is above the price that you sold it and didn't come down for a long time, it means that you will use the money to take care of unexpected challenges that will come your way because you feel that you can get the money back before bitcoin price will dip.

You should also not forget that buying and selling is not an investment because you will regret your actions in future for chasing little profits when the price of bitcoin is very high. Don't also forget that as time passes on, the price of bitcoin keeps increasing and you will be missing from the compounding value of bitcoin assuming you are only buying. Bitcoin investment is for the future back up so that at old age you can depend on your bitcoin investment for survival by shaving little profit because you have accumulated more than enough Bitcoin.

No one says that you should not enjoy from your investment but not when the invest is not matured because you will not get a good profit it. Buying and selling is a waste of time and short sightedness of the potential of bitcoin in future. You can still pass on your bitcoin investment to your heirs which is not a bad idea. Invest in bitcoin for a long-term and hodli in order for you enjoy from your bitcoin investment.

Yes, I'm mostly wrong here. But I am looking for a way, in which I can enjoy some portion from my investment. For example, I planted a fruit tree ie it is an investment. After the tree matures, I enjoy many benefits from that tree. For example, taking oxygen, shading trees in direct sunlight, fruits and finally wood. That is, by keeping my investment infrastructure in place so that I can get some benefit out of it. Would it be possible to do so? How if possible?

[Ruttoshi]

Because investors who don't like to sell or who want to continue accumulating bitcoins are people who haven't set a plan to sell they will be more likely to continue buying as they like.

Every investment should have an end, just as every chapter ends. If the investment doesn't end. There is no point in investing, I would consider it worthless. You have been investing all your life, but have not been able to enjoy the money invested. I consider such an investment futile. But I am not saying that you should end the investment too soon. You invest a certain amount and after getting your desired profit exit the investment and enjoy that money and start investing again. You can continue like this as long as you are able to generate income. Build a sizable investment fund years before you retire from your career so you can enjoy it in retirement. If you only invest all your life, that money may one day be left uninherited. Because human death comes unexpectedly.

I disagree with you on what you said above, you are sounding more of a trader than an investor.
Let us forget about bitcoin investment and talk about the real life investment. Coca cola has being there even before I was given birth to and the company is still generating profit till date. Investment is what takes time to build and maintain it so that it can start generating profit for you.

This is how bitcoin investment is, if you buy bitcoin and you have made profit because of that you sold all your bitcoin investment believing that you will back back again. What if the price is above the price that you sold it and didn't come down for a long time, it means that you will use the money to take care of unexpected challenges that will come your way because you feel that you can get the money back before bitcoin price will dip.

You should also not forget that buying and selling is not an investment because you will regret your actions in future for chasing little profits when the price of bitcoin is very high. Don't also forget that as time passes on, the price of bitcoin keeps increasing and you will be missing from the compounding value of bitcoin assuming you are only buying. Bitcoin investment is for the future back up so that at old age you can depend on your bitcoin investment for survival by shaving little profit because you have accumulated more than enough Bitcoin.

No one says that you should not enjoy from your investment but not when the invest is not matured because you will not get a good profit it. Buying and selling is a waste of time and short sightedness of the potential of bitcoin in future. You can still pass on your bitcoin investment to your heirs which is not a bad idea. Invest in bitcoin for a long-term and hodli in order for you enjoy from your bitcoin investment.

Yes, I'm mostly wrong here. But I am looking for a way, in which I can enjoy some portion from my investment. For example, I planted a fruit tree ie it is an investment. After the tree matures, I enjoy many benefits from that tree. For example, taking oxygen, shading trees in direct sunlight, fruits and finally wood. That is, by keeping my investment infrastructure in place so that I can get some benefit out of it. Would it be possible to do so? How if possible?

Yea of course when you plant a tree, it grows and bear fruits during harvest you pluck the fruits and enjoy them but that doesn't mean that you will cut down the tree because you have plucked all the fruits and replant the tree from nursery. Instead you leave the tree to bring out more fruits when the season comes. You should also know that planting the tree and for it to grow for fruit bearing takes a very long time with watering and nursing of it.

This is the same with bitcoin investment it takes time for you to grow and build your bitcoin investment for 4-10 years and above. If you have reached the stage that you feel you have more than enough bitcoin, you can take a little profit and leave your investment to continue increasing in value from the compounding effect as bitcoin price keeps going higher. Invest with only the amount of money that you can afford to lose from your discretionary income and do this with DCA method every week or month so that you will be able to hodli for a long time and don't forget to also have emergency funds to prevent you from selling your bitcoin when it is not the right time.