Buy Buy Buy or Sell Sell Sell?

[Dunamisx]

Bitcoin price dropped after reaching a new ATH and there was a continuous decline. What I did during that period,  I switched my DCA strategy from monthly to a weekly basis in the month of May and June.

This shows that you have been following up with the market trends, if we consider on the market performance as well today, the market got to the highest for the day which was $70,000 before falling till it get to $66,000 and this is all about being conversant with the speculations we made as the markets changes at any time while there may be a serious need for us to review on the market strategy used in buying.

[JayJuanGee]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost." 

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

[Moreno233]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

[JayJuanGee]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

Well, I think part of my point was also how you say it in such a way that gives the impression that bitcoin is guaranteed.

Surely, each of us has to figure our BTC position size with some levels of understanding that various downside scenarios could end up playing out, so we figure our position size as we accumulate our BTC and even sometimes adjust our BTC accumulation and/or maintenance strategies based on our ongoing thoughts about bitcoin in terms of bull cases and bear cases, and likely that the longer that we are in, if we are advantaged by having more of our holdings being more and more in profits, we still cannot necessarily take UP for granted, yet we may well have so much built in cushion that we are no longer having all of our eggs in the bitcoin and/or cash baskets.. so there can come some value in terms of diversifying and balancing when we might be so far in profits that we also might begin to develop fewer and fewer concerns about the BTC price going below certain price points.. such as now, there may well be some guys with $1k or less costs per BTC, so they might not be very bothered by BTC price fluctuations between $40k and $70k or even fluctuations that might take us to $150k or more... yet the guy who has much higher average costs per BTC and who might still be accumulating BTC and got into BTC less than a cycle ago is likely going to become more worried about BTC price moves and various less than bullish bitcoin price scenarios... yet the guy may well still keep on accumulating bitcoin and have decently strong assessments that it is not too likely for BTC prices to go back into the $20ks and even $30ks, yet those later entrant guys are going to be more worried and even affected by BTC price moves that might end up going in those lower than expected scenarios as compared with the guy who has much lower BTC costs, such as the guy with $1k or lower costs per BTC.

Both guys may well feel a decent amount of confidence in BTC holding and/or appreciating in value. .while at the same time needing to have various protections in place (whether financial and/or psychological) in order to make sure that he is some what protected, even though he recognizes bitcoin as amongst the best (if not the best) to keep certain decently large portions of his networth (even though he may well not keep all of his networth in bitcoin and/or cash, he might start to have some other places that he keeps networth as well, which partly gives him more assurances of not completely losing all of his wealth in the event some negative event were to happen with BTC). .. but yeah a guy in his first bitcoin cycle might be gaining in confidence.. but still cannot rest assured.. .. yet should have some safeguards in place, and I am not claiming to know exactly how to balance those concerns, since each of us have to consider those kinds of matters, especially if bitcoin might be getting in the area of being valued in 5-10 years or more of our annual expenses (whether referring to 200-WMA or spot price) and maybe we have around a year of annual expenses of cash, so we might start to consider if there might be some value in having some value in some places other than merely bitcoin and cash, and if we were 100% sure about bitcoin, we would not diversify any further, yet personally, I think it is foolish to place levels of 100% confidence in bitcoin, even if it happens to be amongst the best, if not the best place to place value (which is extra value beyond short term living expenses.. which may well need to be in cash including emergency funds, reserves and float).

[sotelorene]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

It is good you accepted that you almost sound way off and trust me I understand that feeling when someone will invest and then seeing that the investment is going so well and smoothly... I mean seeing that you are already on a huge profit yeah, I understand but it's not nice to use your over happiness to make  this investment look so certain because what we said can affect people positively or negatively so we should be careful on what we speak about Bitcoin investment though Bitcoin is one of the safest investment but that doesn't mean it's certain or guarantee however, the level of it certainty is much more than it level of uncertainty in other words Bitcoin is a nice investment yeah.

[Yucky]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

It is good you accepted that you almost sound way off and trust me I understand that feeling when someone will invest and then seeing that the investment is going so well and smoothly... I mean seeing that you are already on a huge profit yeah, I understand but it's not nice to use your over happiness to make  this investment look so certain because what we said can affect people positively or negatively so we should be careful on what we speak about Bitcoin investment though Bitcoin is one of the safest investment but that doesn't mean it's certain or guarantee however, the level of it certainty is much more than it level of uncertainty in other words Bitcoin is a nice investment yeah.

apart from his usage of the phrase "Risk free", I don't see any misleading thing from what he said most expecially when it's coming from a fellow that was once a trader and decides to start holding Bitcoin instead of making things too complex through his trading. Relative to trading, holding Bitcoin could to some extent gain the notion of being looked at as a somewhat risk free investing approach even though no investment is 100% void of risk. It's just because when you're holding Bitcoin for the long term, you're not at any serious risk to become afraid that because you've experienced correction at a certain month or another that lasted for months that you've lost out in your investment, it just means you have to wait pass those correction point and you can get back to being profitable.

While it's good to have a positive state of mind towards your investment, it's also good to be as realistic as possible and know that risk is a pivotal aspect of all investment journey.

[Barikui1]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

It is good you accepted that you almost sound way off and trust me I understand that feeling when someone will invest and then seeing that the investment is going so well and smoothly... I mean seeing that you are already on a huge profit yeah, I understand but it's not nice to use your over happiness to make  this investment look so certain because what we said can affect people positively or negatively so we should be careful on what we speak about Bitcoin investment though Bitcoin is one of the safest investment but that doesn't mean it's certain or guarantee however, the level of it certainty is much more than it level of uncertainty in other words Bitcoin is a nice investment yeah.

apart from his usage of the phrase "Risk free", I don't see any misleading thing from what he said most expecially when it's coming from a fellow that was once a trader and decides to start holding Bitcoin instead of making things too complex through his trading. Relative to trading, holding Bitcoin could to some extent gain the notion of being looked at as a somewhat risk free investing approach even though no investment is 100% void of risk. It's just because when you're holding Bitcoin for the long term, you're not at any serious risk to become afraid that because you've experienced correction at a certain month or another that lasted for months that you've lost out in your investment, it just means you have to wait pass those correction point and you can get back to being profitable.

While it's good to have a positive state of mind towards your investment, it's also good to be as realistic as possible and know that risk is a pivotal aspect of all investment journey.

Yea, I agree with your sentiment here bro, anyone who has been a trader for some time now and decided to switch to holding of Bitcoin will definitely tell you something like that, that Bitcoin investment is risk free, you know why, because risk attached to holding of Bitcoin is nothing compared to trading, which you can lose all your hard earned money at once, so it quite understandable,
but that doesn't change the fact that Bitcoin investment is also risky, just as every other investment out there, mostly for short term holders.

But the good news about Bitcoin investment is that due to the fact that we are still in the early days of Bitcoin, their is a higher probability of Bitcoin doing 5x to 10x, 10years time from now, so if you are a long term holder, you are more likely to be in a very good profit if you seize the opportunity and invest now, but why we all sees it as also risky is because of the too much uncertainty in the market and today's world generally.

[Fara Chan]

This shows that you have been following up with the market trends, if we consider on the market performance as well today, the market got to the highest for the day which was $70,000 before falling till it get to $66,000 and this is all about being conversant with the speculations we made as the markets changes at any time while there may be a serious need for us to review on the market strategy used in buying.

And if we still refer to the current market trend for Bitcoin, of course it is still quite suitable to continue buying at a price of $66K plus because I am a little more confident that Bitcoin will go back past $73K again this year. Although there are many speculations about the price of Bitcoin at this time, I think expecting something much more realistic on the price side is quite absolute because the level of profit that can be obtained by buyers at a price of $66K plus can also be quite good if Bitcoin can go back to $73K plus this year.

[Spaceman1000$]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

Holding comes with peace of mind, as it's less risky than trading which i believe we can all agree. However there are still some persons that go with the notion of saying, " it's too risky not to take risk", as they see risk taking as an essential ingredient when venturing into any business or investment, they believe the higher the risk, the higher reward, so they go all in.
The point is that, some traders have the money to spend, so they see beyond the risk that an average trader might be seeing, and that is the reason why most of them are still succeeding.

[BD User]

This shows that you have been following up with the market trends, if we consider on the market performance as well today, the market got to the highest for the day which was $70,000 before falling till it get to $66,000 and this is all about being conversant with the speculations we made as the markets changes at any time while there may be a serious need for us to review on the market strategy used in buying.

And if we still refer to the current market trend for Bitcoin, of course it is still quite suitable to continue buying at a price of $66K plus because I am a little more confident that Bitcoin will go back past $73K again this year. Although there are many speculations about the price of Bitcoin at this time, I think expecting something much more realistic on the price side is quite absolute because the level of profit that can be obtained by buyers at a price of $66K plus can also be quite good if Bitcoin can go back to $73K plus this year.

I wouldn't be surprised if Bitcoin crosses its ATH of the same year and makes a new ATH. Because it is possible. Looking at $66,000 as a great opportunity for buyers. It is very difficult to say how much it might be worth at the end of the year. However, investors are expected to be very happy if the price increases.

[Agbamoni]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

Holding comes with peace of mind, as it's less risky than trading which i believe we can all agree. However there are still some persons that go with the notion of saying, " it's too risky not to take risk", as they see risk taking as an essential ingredient when venturing into any business or investment, they believe the higher the risk, the higher reward, so they go all in.
The point is that, some traders have the money to spend, so they see beyond the risk that an average trader might be seeing, and that is the reason why most of them are still succeeding.

I agree with you here. There is nothing more important than an investment that is risk-free and where emotions are not attached. The extent of how investors are afraid of price swings would make them make the wrong choice in their investment which statistically so many investors have failed because of this. On the contrary, some investors prefer taking high risks and do not care about their emotions or what would work for them They rely on the idea of what is an investment without taking such risk but I will agree with the fact that Bitcoin has passed the stage of getting rich quick we are in the era of storing value and a sustainable future where inflation won't be a problem to our money.

[JayJuanGee]

[edited out].

...... there is Bitcoin that is almost risk free when the plan is for long term?

I agree with every point you made in your post Moreno233 - except your point that bitcoin is almost risk free.  Even if their is potentially some technical truth to what you are saying, the way you said it has a potential to imply that bitcoin is guaranteed or that there is no risk.. even though you said "almost."  

From my perspective, your use of the word "almost" does not relieve you from presenting a misleading assertion, even if you might be technically correct in that assertion.

Correction is taken as we learn every day. I think I got carried away by the fact that my Bitcoin investment have given me peace of mind so far. Considering where I'm coming from as a trader, risk is always a daily experience. I have also tried buying altcoins but the risk there even increased exponentially. When I started buying Bitcoin to hold, a lot of things changed for the better. Holding Bitcoin bring some kind of peace of mind that one could be tempted to conclude it was completely safe. Now I know it is wrong to make such assumption. Every investment have some level of risk just that some have lower risk while others have higher risk. This is important to avoid taking wrong decision.

It is good you accepted that you almost sound way off and trust me I understand that feeling when someone will invest and then seeing that the investment is going so well and smoothly... I mean seeing that you are already on a huge profit yeah, I understand but it's not nice to use your over happiness to make  this investment look so certain because what we said can affect people positively or negatively so we should be careful on what we speak about Bitcoin investment though Bitcoin is one of the safest investment but that doesn't mean it's certain or guarantee however, the level of it certainty is much more than it level of uncertainty in other words Bitcoin is a nice investment yeah.

apart from his usage of the phrase "Risk free", I don't see any misleading thing from what he said most expecially when it's coming from a fellow that was once a trader and decides to start holding Bitcoin instead of making things too complex through his trading.

It is misleading to even use terms like "risk free" or guaranteed and/or words that imply that BTC profits are inevitable.

So even if the context of the statement describes bitcoin relative to other kinds of investments and/or relative to trading, it is still misleading when form members are posting in bitcoin threads like this and proclaiming bitcoin to be risk free or guaranteed.. .. They should be able to think about and choose better words so that they are not misleading in their comments about bitcoin.

Yeah, sometimes we can still let such comments slide, yet each of us should be trying to figure out how to not be exaggerating when we talk about bitcoin, even if bitcoin happens to be amongst the best of investments, if not the best investment... We have to be careful to not exaggerate so that we do not lose our credibility due to our own inabilities to express ourselves with a wee bit of nuance.

Yeah, I know so many folks like to see the world in terms of black and white and many times many of us have difficulties expressing ourselves in nuance, and so sometimes it can be o.k. to exaggerate a bit in order to make points or to sound normal to others or to attempt to be better understood with fewer words, yet still there are some areas that we should really be careful including the ideas of risk free or guarantees in regards to either the future or in regards to where bitcoin might be going in terms of price or other aspects of bitcoin's ability to continue to survive.

Relative to trading, holding Bitcoin could to some extent gain the notion of being looked at as a somewhat risk free investing approach even though no investment is 100% void of risk.

Yes.  Relative risk is different from absolute categories of risk free, and you already recognize the difference, so you should already recognize that using the term risk free is not appropriate when it comes to bitcoin and it is misleading.

It's just because when you're holding Bitcoin for the long term, you're not at any serious risk to become afraid that because you've experienced correction at a certain month or another that lasted for months that you've lost out in your investment, it just means you have to wait pass those correction point and you can get back to being profitable.

From that way of phrasing matters, it sounds as if you really believe that with bitcoin you are guaranteed to be in profits down the road..,. so yeah, you are going to have difficulties expressing yourself because even you seem to not understand the concept that bitcoin is not guaranteed to be in profits in longer time horizons, such as 10 years or whatever is the timeline that you are believing your profits in bitcoin to be guaranteed.

While it's good to have a positive state of mind towards your investment, it's also good to be as realistic as possible and know that risk is a pivotal aspect of all investment journey.

Ok... Now you are back to recognizing that risk exists, even in bitcoin.  Great.  If you could figure out how to express yourself with nuance in terms of both the short term and the long term, then you are likely going to be able to communicate ideas of bitcoin and ideas of risk in more clear, less ambiguous and less exaggerated/misleading ways.  You are likely close, but you don't seem to be there yet, both in terms of your thinking and also in terms of your ways of how you express the future (and where you see bitcoin in such future).

But the good news about Bitcoin investment is that due to the fact that we are still in the early days of Bitcoin, their is a higher probability of Bitcoin doing 5x to 10x, 10years time from now, so if you are a long term holder, you are more likely to be in a very good profit if you seize the opportunity and invest now, but why we all sees it as also risky is because of the too much uncertainty in the market and today's world generally.

Another thing about the future is that the further you go out, the more unknowns there are, so even dealing with the knowns, it is difficult to make accurate predictions, and surely various prediction models attempt to account for and deal with both knowns and unknowns, but almost no matter what there are going to be difficulties predicting a lot of aspects of the future, especially when human behavior is involved too.. so yeah, folks frequently argue that bitcoin is completely math, but it is not completely math, even though surely there are a lot of ways that bitcoin is way more mathematical than any other monetary (informational) system that had previously been created/invented/discovered, yet even with the large amounts of math included in bitcoin, there are several ways that bitcoin still interacts with human behaviors, which contribute to various ongoing uncertainties, even though there are so many ways that Satoshi was ingenuous when it came to the design of various incentive mechanisms including but not limited to scarcity, the issuance rate and the difficulty adjustment. 

According to bitcoin's various design features, various aspects of human behavior becomes more predictable and channeled (whether we are talking about individuals, institutions or governments), yet bitcoin still doesn't resolve our abilities to predict various aspects of bitcoin and/or bitcoin systems, and we are not even completely dealing with bitcoin in a vacuum, since bitcoin also interacts, competes with various already existing informational, finance and incentive systems, so those various already existing systems can also affect bitcoin in various positive and negative ways.

This shows that you have been following up with the market trends, if we consider on the market performance as well today, the market got to the highest for the day which was $70,000 before falling till it get to $66,000 and this is all about being conversant with the speculations we made as the markets changes at any time while there may be a serious need for us to review on the market strategy used in buying.

And if we still refer to the current market trend for Bitcoin, of course it is still quite suitable to continue buying at a price of $66K plus because I am a little more confident that Bitcoin will go back past $73K again this year. Although there are many speculations about the price of Bitcoin at this time, I think expecting something much more realistic on the price side is quite absolute because the level of profit that can be obtained by buyers at a price of $66K plus can also be quite good if Bitcoin can go back to $73K plus this year.

It seems a bit strange to me that you are talking about such relatively small BTC price moves  (between $66k and $73k) as if those price moves were important and/or meaningful in the scheme of thing, when the fact of the matter is you are talking about noise - especially for anyone thinking and/or considering longer term BTC price dynamics or the nature and/or characteristics of bitcoin overall.. .. so perhaps you need to zoom out a wee bit moar better in order to attempt to get some more realistic and meaningful bearings and also to potentially come to better appreciations of bitcoin - rather than getting distracted by noise.

[edited out]

I wouldn't be surprised if Bitcoin crosses its ATH of the same year and makes a new ATH. Because it is possible. Looking at $66,000 as a great opportunity for buyers. It is very difficult to say how much it might be worth at the end of the year. However, investors are expected to be very happy if the price increases.

There is no such thing as a set group of investors, since each investor is going to come at bitcoin from a somewhat different perspective based on a variety of factors, including but not limited to how much time that s/he has been in bitcoin.

Sure, everyone appreciates bitcoin's price going up, yet the earliest of bitcoin investors and even the brand new bitcoin investors should have incentives for the BTC price to stay down as long as possible in order that they can accumulate BTC, but yeah, even what seems to be relative bitcoin newbies will sometimes start to want to see the BTC price go up, even though they might be a wee bit better off for BTC price to stay down in order that they are able to accumulate more BTC.

We cannot always see what is in our own best interest, and we might also not really have very much appreciation for how much bitcoin we might need to accumulate or how long it might take to reach our BTC accumulation goals - and yeah, I cannot completely blame anyone for not really knowing since we cannot really know specifics of bitcoin's future price movements beyond perhaps having some general speculative ideas about direction and even various possible future happenings.

[I_Anime]

It is misleading to even use terms like "risk free" or guaranteed and/or words that imply that BTC profits are inevitable.

So even if the context of the statement describes bitcoin relative to other kinds of investments and/or relative to trading, it is still misleading when form members are posting in bitcoin threads like this and proclaiming bitcoin to be risk free or guaranteed.. .. They should be able to think about and choose better words so that they are not misleading in their comments about bitcoin.

Yeah, sometimes we can still let such comments slide, yet each of us should be trying to figure out how to not be exaggerating when we talk about bitcoin, even if bitcoin happens to be amongst the best of investments, if not the best investment... We have to be careful to not exaggerate so that we do not lose our credibility due to our own inabilities to express ourselves with a wee bit of nuance.

Yeah I fully agree with you sir JJG, it actually sounds misleading. And you have literally mentioned this like countless time that there's no investment that's risk free (bitcoin included)  and there's no guarantees that Bitcoin price will keep going up , so due to price fluctuations there are usually up and down movement in the market , so through one can actually make losses especially those with the short-term investment mindset, because most people think they can usually take market volatility to their advantage, with the use of short-term investments statics but at the end they may endup selling in loss.

Especially those that don't have good knowledge on how bitcoin works, but when comes to long-term Investment one have already reduce the chances of them selling in loss because when others are busy selling in losses an long-term Investors are busy buying the dip to increase their stashes. And for the guarantees part just as sir JJG usually Said there's none . But it doesn't mean that there's no chances of Bitcoin rising though, but we can only tell that Bitcoin is a token fill with massive potential.

[laijsica]

It is misleading to even use terms like "risk free" or guaranteed and/or words that imply that BTC profits are inevitable.

So even if the context of the statement describes bitcoin relative to other kinds of investments and/or relative to trading, it is still misleading when form members are posting in bitcoin threads like this and proclaiming bitcoin to be risk free or guaranteed.. .. They should be able to think about and choose better words so that they are not misleading in their comments about bitcoin.

Yeah, sometimes we can still let such comments slide, yet each of us should be trying to figure out how to not be exaggerating when we talk about bitcoin, even if bitcoin happens to be amongst the best of investments, if not the best investment... We have to be careful to not exaggerate so that we do not lose our credibility due to our own inabilities to express ourselves with a wee bit of nuance.

Yeah I fully agree with sir JJG, it actually sounds misleading. And you have literally mentioned this like countless time that there's no investment that's risk free (bitcoin included)  and there's no guarantees that Bitcoin price will keep going up , so due to price fluctuations there are usually up and down movement in the market , so through one can actually make losses especially those with the short-term investment mindset, because most people think they can usually take market volatility to their advantage, with the use of short-term investments statics but at the end they may endup selling in loss.

Especially those that don't have good knowledge on how bitcoin works, but when comes to long-term Investment one have already reduce the chances of them selling in loss because when others are busy selling in losses an long-term Investors are busy buying the dip to increase their stashes. And for the guarantees part just as sir JJG usually Said there's none . But it doesn't mean that there's no chances of Bitcoin rising though, but we can only tell that Bitcoin is a token fill with massive potential.

The use of exaggerated word for investors can be really misleading such as "guaranteed investment" or "risk-free investment". The word "relatively risk-free" should be used in every threads and is also what most educated members advise when it comes to volatile assets. There may be some mistakes during over speed while writing the thread but it should be corrected later so that there is no chance of confusion. Prioritize the value proposition or potential in each thread. In mostly we should try to avoid exaggeration.

Keeping informed about the past history and cycle of Bitcoin's price as well as giving a positive impression when predicting the future price can be more motivating for investors and we are more careful in presenting the arguments here. Basically your advice about investing in Bitcoin should be such that you are not held responsible for unforeseen circumstances. But as a regular member I am more familiar with the words "should do" or "should be" from most threads and I myself try to be as careful as possible when using the word.

[sotelorene]

It is misleading to even use terms like "risk free" or guaranteed and/or words that imply that BTC profits are inevitable.

So even if the context of the statement describes bitcoin relative to other kinds of investments and/or relative to trading, it is still misleading when form members are posting in bitcoin threads like this and proclaiming bitcoin to be risk free or guaranteed.. .. They should be able to think about and choose better words so that they are not misleading in their comments about bitcoin.

Yeah, sometimes we can still let such comments slide, yet each of us should be trying to figure out how to not be exaggerating when we talk about bitcoin, even if bitcoin happens to be amongst the best of investments, if not the best investment... We have to be careful to not exaggerate so that we do not lose our credibility due to our own inabilities to express ourselves with a wee bit of nuance.

Yeah I fully agree with sir JJG, it actually sounds misleading. And you have literally mentioned this like countless time that there's no investment that's risk free (bitcoin included)  and there's no guarantees that Bitcoin price will keep going up , so due to price fluctuations there are usually up and down movement in the market , so through one can actually make losses especially those with the short-term investment mindset, because most people think they can usually take market volatility to their advantage, with the use of short-term investments statics but at the end they may endup selling in loss.

Especially those that don't have good knowledge on how bitcoin works, but when comes to long-term Investment one have already reduce the chances of them selling in loss because when others are busy selling in losses an long-term Investors are busy buying the dip to increase their stashes. And for the guarantees part just as sir JJG usually Said there's none . But it doesn't mean that there's no chances of Bitcoin rising though, but we can only tell that Bitcoin is a token fill with massive potential.

The use of exaggerated word for investors can be really misleading such as "guaranteed investment" or "risk-free investment". The word "relatively risk-free" should be used in every threads and is also what most educated members advise when it comes to volatile assets. There may be some mistakes during over speed while writing the thread but it should be corrected later so that there is no chance of confusion. Prioritize the value proposition or potential in each thread. In mostly we should try to avoid exaggeration.

Keeping informed about the past history and cycle of Bitcoin's price as well as giving a positive impression when predicting the future price can be more motivating for investors and we are more careful in presenting the arguments here. Basically your advice about investing in Bitcoin should be such that you are not held responsible for unforeseen circumstances. But as a regular member I am more familiar with the words "should do" or "should be" from most threads and I myself try to be as careful as possible when using the word.

Well this issue has been delt with by JJG so it's pointless repeating it again rather we should focus more on using the strategy that suit us best to accumulate more Bitcoin and hold it for a long period of time in order to get a high percentage of it which is the reason why we are here. And the best way to keep our investment going even when we want to sell is not sell the whole... But rather selling a little of it will be great so as to keep your investment and also buying or DCAing to meet up with what has been taken off from the investment but most people don't know this, that is why they find it difficult sometimes to invest again after they have sold everything.

[ultrloa]

It is misleading to even use terms like "risk free" or guaranteed and/or words that imply that BTC profits are inevitable.

So even if the context of the statement describes bitcoin relative to other kinds of investments and/or relative to trading, it is still misleading when form members are posting in bitcoin threads like this and proclaiming bitcoin to be risk free or guaranteed.. .. They should be able to think about and choose better words so that they are not misleading in their comments about bitcoin.

Yeah, sometimes we can still let such comments slide, yet each of us should be trying to figure out how to not be exaggerating when we talk about bitcoin, even if bitcoin happens to be amongst the best of investments, if not the best investment... We have to be careful to not exaggerate so that we do not lose our credibility due to our own inabilities to express ourselves with a wee bit of nuance.

Yeah I fully agree with sir JJG, it actually sounds misleading. And you have literally mentioned this like countless time that there's no investment that's risk free (bitcoin included)  and there's no guarantees that Bitcoin price will keep going up , so due to price fluctuations there are usually up and down movement in the market , so through one can actually make losses especially those with the short-term investment mindset, because most people think they can usually take market volatility to their advantage, with the use of short-term investments statics but at the end they may endup selling in loss.

Especially those that don't have good knowledge on how bitcoin works, but when comes to long-term Investment one have already reduce the chances of them selling in loss because when others are busy selling in losses an long-term Investors are busy buying the dip to increase their stashes. And for the guarantees part just as sir JJG usually Said there's none . But it doesn't mean that there's no chances of Bitcoin rising though, but we can only tell that Bitcoin is a token fill with massive potential.

The use of exaggerated word for investors can be really misleading such as "guaranteed investment" or "risk-free investment". The word "relatively risk-free" should be used in every threads and is also what most educated members advise when it comes to volatile assets. There may be some mistakes during over speed while writing the thread but it should be corrected later so that there is no chance of confusion. Prioritize the value proposition or potential in each thread. In mostly we should try to avoid exaggeration.

Keeping informed about the past history and cycle of Bitcoin's price as well as giving a positive impression when predicting the future price can be more motivating for investors and we are more careful in presenting the arguments here. Basically your advice about investing in Bitcoin should be such that you are not held responsible for unforeseen circumstances. But as a regular member I am more familiar with the words "should do" or "should be" from most threads and I myself try to be as careful as possible when using the word.

If there's a word that put assurance of gaining positively then people should start to doubt since for sure there's shady actions or intentions beneath on what they are claiming. So its important for people to realize that there's no investment schemes will give them guaranteed profits since every people say that try to attract them on their scamming activities. People need to live on realistic means and became literate on investment since with that for sure they could able to ignore those exaggerated words spread by manipulators and go a decent approach towards how they deal with their investments.

Keeping informed would provably give them possible good insights and it could help them to create good decisions towards their investment made on bitcoin. For sure if they are paying attention on their bitcoin investment then they provably get more realistic result compare if they listen to those unverified thoughts and other things that can cause them to lose their money.

[Sim_card]

It is misleading to even use terms like "risk free" or guaranteed and/or words that imply that BTC profits are inevitable.

So even if the context of the statement describes bitcoin relative to other kinds of investments and/or relative to trading, it is still misleading when form members are posting in bitcoin threads like this and proclaiming bitcoin to be risk free or guaranteed.. .. They should be able to think about and choose better words so that they are not misleading in their comments about bitcoin.

Yeah, sometimes we can still let such comments slide, yet each of us should be trying to figure out how to not be exaggerating when we talk about bitcoin, even if bitcoin happens to be amongst the best of investments, if not the best investment... We have to be careful to not exaggerate so that we do not lose our credibility due to our own inabilities to express ourselves with a wee bit of nuance.

Yeah I fully agree with sir JJG, it actually sounds misleading. And you have literally mentioned this like countless time that there's no investment that's risk free (bitcoin included)  and there's no guarantees that Bitcoin price will keep going up , so due to price fluctuations there are usually up and down movement in the market , so through one can actually make losses especially those with the short-term investment mindset, because most people think they can usually take market volatility to their advantage, with the use of short-term investments statics but at the end they may endup selling in loss.

Especially those that don't have good knowledge on how bitcoin works, but when comes to long-term Investment one have already reduce the chances of them selling in loss because when others are busy selling in losses an long-term Investors are busy buying the dip to increase their stashes. And for the guarantees part just as sir JJG usually Said there's none . But it doesn't mean that there's no chances of Bitcoin rising though, but we can only tell that Bitcoin is a token fill with massive potential.

The use of exaggerated word for investors can be really misleading such as "guaranteed investment" or "risk-free investment". The word "relatively risk-free" should be used in every threads and is also what most educated members advise when it comes to volatile assets. There may be some mistakes during over speed while writing the thread but it should be corrected later so that there is no chance of confusion. Prioritize the value proposition or potential in each thread. In mostly we should try to avoid exaggeration.

Keeping informed about the past history and cycle of Bitcoin's price as well as giving a positive impression when predicting the future price can be more motivating for investors and we are more careful in presenting the arguments here. Basically your advice about investing in Bitcoin should be such that you are not held responsible for unforeseen circumstances. But as a regular member I am more familiar with the words "should do" or "should be" from most threads and I myself try to be as careful as possible when using the word.

Well this issue has been delt with by JJG so it's pointless repeating it again rather we should focus more on using the strategy that suit us best to accumulate more Bitcoin and hold it for a long period of time in order to get a high percentage of it which is the reason why we are here. And the best way to keep our investment going even when we want to sell is not sell the whole... But rather selling a little of it will be great so as to keep your investment and also buying or DCAing to meet up with what has been taken off from the investment but most people don't know this, that is why they find it difficult sometimes to invest again after they have sold everything.

A new investor should not think of selling any of his bitcoin investment during his accumulation phase because if he has the mentality of selling some part of his bitcoin investment during his way up, it will deprive him from reaching his bitcoin target at the right time. It can also become a practice for him and that shows that he has become a trader instead of an investor. This is why he only needs to focus on buy buy buy and not sell sell sell to build up his bitcoin portfolio overtime.

This is why the proper plan and preparations should be put in place before starting your bitcoin investment journey so that you don't sell part of your bitcoin until you have more than enough of bitcoin in your possession. Using the right discretionary income to DCA regularly every week or month for 4-10 years and above, also setting up an emergency funds for 3-6 months, reserve funds, float and buying aggressively with DCA without overdoing it will safe you from selling your bitcoin investment when it is not your heart desire.

[avp2306]

Well this issue has been delt with by JJG so it's pointless repeating it again rather we should focus more on using the strategy that suit us best to accumulate more Bitcoin and hold it for a long period of time in order to get a high percentage of it which is the reason why we are here. And the best way to keep our investment going even when we want to sell is not sell the whole... But rather selling a little of it will be great so as to keep your investment and also buying or DCAing to meet up with what has been taken off from the investment but most people don't know this, that is why they find it difficult sometimes to invest again after they have sold everything.

A new investor should not think of selling any of his bitcoin investment during his accumulation phase because if he has the mentality of selling some part of his bitcoin investment during his way up, it will deprive him from reaching his bitcoin target at the right time. It can also become a practice for him and that shows that he has become a trader instead of an investor. This is why he only needs to focus on buy buy buy and not sell sell sell to build up his bitcoin portfolio overtime.

This is why the proper plan and preparations should be put in place before starting your bitcoin investment journey so that you don't sell part of your bitcoin until you have more than enough of bitcoin in your possession. Using the right discretionary income to DCA regularly every week or month for 4-10 years and above, also setting up an emergency funds for 3-6 months, reserve funds, float and buying aggressively with DCA without overdoing it will safe you from selling your bitcoin investment when it is not your heart desire.

Its pointless to think about long term if they have this thoughts to sell early their bitcoin since they fall into trading with that situation. If they became greedy when seeing some good profits temporarily show up then most likely they would fail on their long term investment plans. This also show that they are not really committed doing long term investment since they are affected on the price changes in the market. We should focus on things that can give us more good result rather than thinking about any short term which for sure that we are the one who will suffer. To avoid that, they better have good assessment on each action they made so those people could able to think about what's more better things to do and avoid committing any bad decision for everything they try to do.

Preparation is always important and consistency since if we have at least these two traits then provably that accumulation will be smooth in our side.

[Odohu]

I think the market just offered us another opportunity to buy, buy and continue to collect more Bitcoin at a very reduced price. This does not come as a surprise to me though because I expected some corrections from ending of July to August but this will begin to change as we approach September, a month that is always seen as a positive month for Bitcoin. Both those using the DCA method and buying the dips have the chance to take advantage of the drop in price. This is not the time to panic but time to take actions that is intentional.

[Shadiq]

I think the market just offered us another opportunity to buy, buy and continue to collect more Bitcoin at a very reduced price. This does not come as a surprise to me though because I expected some corrections from ending of July to August but this will begin to change as we approach September, a month that is always seen as a positive month for Bitcoin. Both those using the DCA method and buying the dips have the chance to take advantage of the drop in price. This is not the time to panic but time to take actions that is intentional.

This month may be the last chance for us to buy dips. We may not be able to buy bitcoins at this price anymore. This month of August may give us a great opportunity to buy more bitcoins at a lower price. Many holders are panicking and selling their bitcoins, I'd say they're making a huge mistake that they'll regret later. This is not a month to panic but rather a month to take advantage of opportunities. So don't panic during this low price of Bitcoin and focus on increasing your investment.