Buy Buy Buy or Sell Sell Sell?

[Popkon6]

However, while investing in Bitcoin must be experienced, you can't invest at any point in time. But if you have experience with Bitcoin then you can definitely invest by following DCA method and accumulate it for a long time and sell it again.

I think a beginner should know the basic knowledge about bitcoin investment and grow his investment portfolio by buying bitcoins regularly using DCA method. Even if many people have no initial investment experience, by using DCA to buy Bitcoins on a weekly or monthly basis, they will gradually increase their investment experience as well as their investment.

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think you’re mistaking because basic knowledge is not a broad knowledge, anyone can learn the basic knowledge first before buying then during the process of accumulating learning process still continues. I still don’t understand the part with losing interest after getting the fundamental knowledge like bitcoin investment is not a regular investment with low value rather the more we learn about bitcoin the more our hunger to buy and hold increase. If anyone should develop such thought I think almost everyone will stop buying because we learn about bitcoin always as it’s part of our present and future investment.

You will get the most savings if you use the DCA method of buying in the present, as you will be investing in bitcoins little by little and it will help you save in the long run. But if an investor invests regularly in Bitcoin no matter what he does, he will definitely get success because his investment will be long-term. The longer the Bitcoin investment is the longer the investment portfolio will continue to grow, but I can say that those who invest for the long term will definitely succeed.

[JayJuanGee]

You can buy bitcoins when the price of bitcoins goes down.
When bitcoins are dumping again after your investment you can buy bitcoins again.
When the Bitcoin market continues to dump after your second investment, you can re-invest i.e. buy.
But you will invest using the dollar cost averaging method before investing each time.  Remember you should never invest your investment in lump sum but invest in DCA method.

Let's look at a hypothetical in order to attempt to apply your proclamations @Nothingtodo.

If such hypothetical person is brand new to bitcoin (meaning he has absolutely no bitcoin but has heard about bitcoin an has decided that it would be good for him to put a plan into place to invest into bitcoin for 4-10 years or longer), and such guy is in his 20s and right now, he has $6k that is available for him to invest into bitcoin, and additionally, he has an income that is in the ballpark of $2,500 to $3,500 per month with expenses that tend to be in the ballpark of $2.6k to $3k per month.  

He anticipates that his disposable income situation (that is the difference between his income and his expenses) is going to allow him to invest a maximum per week of $100-$200 into bitcoin for the next 6-12 months and perhaps longer (as long as he doesn't lose his current income sources that are based on working)

This guy anticipates that he might be able to either increase his income in the coming year or so or cut some of his expenses, but he is not completely sure (he has not worked out all of the details), and over the past year or so, he had already been doing those kinds of increasing of income and cutting of expenses, and that is how he had been able to save the $6k that he currently considers himself to have available for bitcoin investing or any other way that he might consider to strengthen his current financial and psychological situation.

In the past few years, this guy has gotten himself into a kind of work that he anticipates that around 2-3 times per year he will be receiving some kind of bonus or extra cash of around $1k to $3k each time, yet he does not know in advance if he is going to receive such bonuses.  

At this time, the guy has around 1 month of extra cash already dedicated towards back up funds, so a kind of an emergency fund (which would be another $3k besides the already mentioned $6k).  The guy anticipates that if he is going to invest into something as volatile as bitcoin, then he should work on building his emergency fund to be in the ballpark of 3 months of his expenses and yet since he currently does not have any bitcoin, he realizes also that he could potentially grow his emergency fund (back up funds) at the same time that he is building his bitcoin investment.

What should such a guy do?

Should this guy DCA with the $6k that he has, buy on dip or some other thing(s)?

How much are should the guy allocate towards buying on dips, when dips may or may not happen?  And how much should he DCA?

You, @Nothingtodo, said that you were not going to do lump sum buying, but in this example, this guy is a no coiner, so wouldn't you consider that there might be some advantages to using some of the $6k towards lump summing or are you just considering to allocate that to buying on the dip and DCA.  If he does not DCA with any of it, then he projects that he still has between $100 to $200 per week that he is going to be able to buy BTC based on his current disposable income situation, as described above.

What should such a guy do?  or how should a guy in such a situation be advised to do?

For me, I think the young man should invest with what he has on ground, given the fact that, he already has 1 month extra cash already dedicated to his backup or his emergency funds with an additional $100-$200 disposable income, he can gradually grow his backup portfolio to an enviable height.  For the available $6k for investment, I would have loved for him to go on a lump sum, but considering the fact that he is a newbie and still at a very young age, he should DCA the entire $6k. If those bonus $1-$3 comes in, though he is not sure if it will be coming  in the future, but if those bonus eventually come, he can use part of it to increase his investment over time.

I am not opposed to anything you suggest, yet I am not sure what you mean by DCAing the $6k that he currently has available.. how much should he DCA, over what period of time and in what increments of time weekly, daily, monthly or something else?  Remember he already has $100 to $200 per week that he is tentatively planning to DCA for as long as he is still producing such disposable income that allows for it.

[edited out]

If I was the guy, since his DCA of $100-$200 is ongoing, I would share the 6k into three parts. $3k for lump sum, $1500 to buy at the dip and the last part would be use to DCA which would be spread out in 15 weeks buying $100 every week to add to my ongoing DCA.

Lump sum is very good when you have the money to buy right away because it helps to increase your bitcoin portfolio size fast and you are guaranteed that it has increased since you bought right away. Unlike keeping such funds for the dip when you don't know when the dip will come before you know it, some unforseen problem might come and you will use the money to solve it.

I like DCA but it takes time before you can reach a significant portfolio size with constant buying persistently and consistently and that is why lump sum is good when you can afford it as long as you don't stop your DCA as a new beginner.

Pretty much I like all parts of your response for its specifics and also your explanation.. I don't necessarily agree that's what I would do, but at least you described each portion.

I will point out one lack of specificity that you made, and that is in regards to the buying of the dip.  Are you going to have a plan for your buying on the dip with the $1,500 scenario or just play it by ear?  

Surely you can have a very specific plan and even preset orders, or you could just have a general idea and plan to manually enter the buys upon the dip if such dip were to occur, yet even if you do the manual dips, you might need to have some kind of an alarm that might alert you in regards to when your buy on dip conditions might be met.   With buying on dip, my personal preference is to set buy orders in advance, yet to preset BTC buy orders, you have to have money on an exchange that allows for the placement of those kinds of limited buy orders.

[SuperBitMan]

However, while investing in Bitcoin must be experienced, you can't invest at any point in time. But if you have experience with Bitcoin then you can definitely invest by following DCA method and accumulate it for a long time and sell it again.

I think a beginner should know the basic knowledge about bitcoin investment and grow his investment portfolio by buying bitcoins regularly using DCA method. Even if many people have no initial investment experience, by using DCA to buy Bitcoins on a weekly or monthly basis, they will gradually increase their investment experience as well as their investment.

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think you’re mistaking because basic knowledge is not a broad knowledge, anyone can learn the basic knowledge first before buying then during the process of accumulating learning process still continues. I still don’t understand the part with losing interest after getting the fundamental knowledge like bitcoin investment is not a regular investment with low value rather the more we learn about bitcoin the more our hunger to buy and hold increase. If anyone should develop such thought I think almost everyone will stop buying because we learn about bitcoin always as it’s part of our present and future investment.

When it comes to bitcoin investment one needs to have the basic knowledge first before investing and after starting the investment with the basic knowledge one has to also strive to acquire more knowledge about Bitcoin for example reading the history of Bitcoin and it's growth this will give you more motivation to keep accumulating and holding.
Some people feels try to have more knowledge about Bitcoin is a waste of time but it is not, the more knowledgeable and experience you are in Bitcoin the more successful you will become.
Bitcointalk forum is one place one can gain more knowledge about Bitcoin and it has been useful in my Accumulation journey, it was through this forum I see the need of having or adding some certain things in my
Bitcoin  journey such as.
1. Having a backup funds:
It was through this forum that I knew that when you want to prevent yourself from dipping hands into your Bitcoin investment you need to have a good backup funds it helps secure your Bitcoin.
2. Kind of funds to use when investing.
It was through this forum that I knew one needs to only use his or her discretionary income to avoid reaching a fuck you stage.
3. Type of investment strategy:
This forum has helped a lot of people choose a perfect strategy that is suitable for them.

So gaining more knowledge about Bitcoin will help you grow well in your accumulation and it will help increase your interest more in Bitcoin investment.
It is always advisable to strive in knowing more about any investment you are into.

[Samlucky O]

Some people feels try to have more knowledge about Bitcoin is a waste of time but it is not, the more knowledgeable and experience you are in Bitcoin the more successful you will become.

Your amount of success in bitcoin is not measured by the Level of information or how knowledgeable and experienced you are in bitcoin, but the amount of stashes you are able to accumulate for a specific period of time. Yeah surely some people will want to be well knowledgeable before starting to invest in bitcoin, and yet they may not have the zeal to accumulate. Maybe after hearing some kind of wrong speculation About bitcoin. so surely such person may not succeed in Bitcoin because he has been misled by rumour. while some will take advantage of the information and keep accumulating while learning About bitcoin, since the whole concept of bitcoin can not be learnt a day. So it's success in bitcoin is not having The knowledge but putting the knowledge to work and achieve profit at last.
 

Bitcointalk forum is one place one can gain more knowledge about Bitcoin and it has been useful in my Accumulation journey, it was through this forum I see the need of having or adding some certain things in my
Bitcoin  journey such as.
1. Having a backup funds:
It was through this forum that I knew that when you want to prevent yourself from dipping hands into your Bitcoin investment you need to have a good backup funds it helps secure your Bitcoin.
2. Kind of funds to use when investing.
It was through this forum that I knew one needs to only use his or her discretionary income to avoid reaching a fuck you stage.
3. Type of investment strategy:
This forum has helped a lot of people choose a perfect strategy that is suitable for them.

Well I hope you've learnt alot from the forum so stick to bitcoin investment and don't mess around with shitcoin because newbies are easily tricked to invest in some shitcoins due to rumor or wrong speculations. It nice to hear this from you.

[Salahmu]

There is no guarantee for bitcoin because after all for now when talking about the future is better for bitcoin by looking at the process and progress of the years we have passed it is not a guarantee but is a hope because even though we always say that bitcoin will always develop but in the end this is just a hope that bitcoin is like that is not a guarantee so that we can see that bitcoin is at risk.

I think you are getting most of your statements wrong because reading your whole perspective about Bitcoin shows that you don't have the belief that your investment will worth something in the future, I'm not disputing your fact about the risk involves on investment but you should also know that Bitcoin doesn't involve that much risk if you are a holder and secondly before you have seen people having Bitcoin as there only digital investment is because in as much as they cannot tell what the price will be in years to come but they are very sure that they would feel relieve from the profit they would have, I'm surprised that you are seeing Bitcoin investment in this angle because I was thinking that with how fascinating Bitcoin has been over the years you would have understand the potential it has.

don't push your will too much for bitcoin if you can't afford to lose it because in the end this is not gambling so we only need to be in bitcoin with what we can afford to lose because we don't know what will happen in the future

When they talk about investing what you can afford it doesn't necessarily mean that you will lose the investment but instead is only a measure that should be taken so that you will not over invest all your money and will be left with nothing, however in terms of preparing for the worst is only someone who is gambling with there investment should be prepared for the worst because they have seen that there chances of making profits or lost is 50-50 which is contrary to Bitcoin investment, but for me I'm very positive about my investment on Bitcoin and I'm very sure there would be something good waiting for me at the end.

[DubemIfedigbo001]

my personal preference is to set buy orders in advance, yet you have to have money on an exchange that allows for the placement of those kinds of limited buy orders.

Yeah JJG, it's a smart approach, very effective one. You surely get your buy order executed as soon as the price dip is achieved. On the other hand there is a possibility that the limit order is attained, but there is no corresponding market order to offset it possibly because you utilized an asset which is not much in demands and has low liquidity like LTC or so. Therefore there would be no trade and you'll be pained to find out you missed out on your target price.

I think when setting buy orders, it's very important we do that with USDT or any other highly liquid coin in order to increase the chances of our buy orders being executed at the right time.

[SOKO-DEKE]

However, while investing in Bitcoin must be experienced, you can't invest at any point in time. But if you have experience with Bitcoin then you can definitely invest by following DCA method and accumulate it for a long time and sell it again.

I think a beginner should know the basic knowledge about bitcoin investment and grow his investment portfolio by buying bitcoins regularly using DCA method. Even if many people have no initial investment experience, by using DCA to buy Bitcoins on a weekly or monthly basis, they will gradually increase their investment experience as well as their investment.

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think basic knowledge is very important for a beginner because, without it, some may not even know the right source to buy Bitcoin from. Some, after buying, don't know what the next step is, and because of this, their Bitcoin can be easily stolen from them. In fact, many can even lose money in the process of trying to purchase Bitcoin. So, with that, I would say it is a good idea for beginners to have some knowledge so it doesn't get too complicated when they are trying to invest in Bitcoin. I think losing money the first time they buy Bitcoin can also be discouraging for them. I know it will surely take time if beginners want to learn most of the necessary knowledge before investing in Bitcoin,but knowing how Bitcoin works like understanding that Bitcoin is a volatile asset and learning about scammers can save them from losing their funds.and know again it because of basic knowledge some beginners lack that make them even trying to attack  even the person that introduced Bitcoin to them.

[Ruttoshi]

my personal preference is to set buy orders in advance, yet you have to have money on an exchange that allows for the placement of those kinds of limited buy orders.

Yeah JJG, it's a smart approach, very effective one. You surely get your buy order executed as soon as the price dip is achieved. On the other hand there is a possibility that the limit order is attained, but there is no corresponding market order to offset it possibly because you utilized an asset which is not much in demands and has low liquidity like LTC or so. Therefore there would be no trade and you'll be pained to find out you missed out on your target price.

I think when setting buy orders, it's very important we do that with USDT or any other highly liquid coin in order to increase the chances of our buy orders being executed at the right time.

Why must you use LTC to buy bitcoin when you know that investing in bitcoin should be in fiat of your local currency or USDT. USDT is stable and with that you can easily set your buy orders with rest of mind. It is useless for you to use altcoins to set your buy order because they are highly volatile than Bitcoin and it means that you are gambling for thinking you can use shitcoins to buy bitcoin because the price can dump and not recover leading you to great loss.

No matter how high the coin value is as long as it is not a stable coins it is not advisable to buy them because you used fiat to buy these altcoins you are taking about, so why not just buy USDT that is stable and no need of piling up shitcoins for your buy order whether the coin is high in value or not because it is risky and only bitcoin is worth keeping value in. The value of my country currency is very low compared to USD, so I keep my funds in USD.

[sotelorene]

However, while investing in Bitcoin must be experienced, you can't invest at any point in time. But if you have experience with Bitcoin then you can definitely invest by following DCA method and accumulate it for a long time and sell it again.

I think a beginner should know the basic knowledge about bitcoin investment and grow his investment portfolio by buying bitcoins regularly using DCA method. Even if many people have no initial investment experience, by using DCA to buy Bitcoins on a weekly or monthly basis, they will gradually increase their investment experience as well as their investment.

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think you are right and at same time wrong. The reason why said you are wrong is that  one can't go into any investment without a basic knowledge or idea of what you he/she is venturing into, now what is basic knowledge? Basic knowledge are those simplified or simple, foundational knowledge etc one has concerning a particular investment  and this is the least knowledge one ought to have before going into any investment, everything in life has sequence and if it's not observed one will definitely see it consequences.

You are right when you said waiting to acquire more knowledge before investing in Bitcoin can result to loss of interest this is absolutely truth and in Bitcoin investment I don't think there's need for more knowledge because the basic knowledge will be sufficient and enough to help one sail in his or her investment though waiting to acquire more knowledge is not a bad idea too because there are people that wouldn't want to make a mistake why carrying out their investment and I think people that will loss interest are people who are not determined.

[Cryptoprincess101]

However, while investing in Bitcoin must be experienced, you can't invest at any point in time. But if you have experience with Bitcoin then you can definitely invest by following DCA method and accumulate it for a long time and sell it again.

I think a beginner should know the basic knowledge about bitcoin investment and grow his investment portfolio by buying bitcoins regularly using DCA method. Even if many people have no initial investment experience, by using DCA to buy Bitcoins on a weekly or monthly basis, they will gradually increase their investment experience as well as their investment.

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think basic knowledge is very important for a beginner because, without it, some may not even know the right source to buy Bitcoin from. Some, after buying, don't know what the next step is, and because of this, their Bitcoin can be easily stolen from them. In fact, many can even lose money in the process of trying to purchase Bitcoin. So, with that, I would say it is a good idea for beginners to have some knowledge so it doesn't get too complicated when they are trying to invest in Bitcoin. I think losing money the first time they buy Bitcoin can also be discouraging for them. I know it will surely take time if beginners want to learn most of the necessary knowledge before investing in Bitcoin,but knowing how Bitcoin works like understanding that Bitcoin is a volatile asset and learning about scammers can save them from losing their funds.and know again it because of basic knowledge some beginners lack that make them even trying to attack  even the person that introduced Bitcoin to them.

Before a beginner decides on investing in Bitcoin don't you think that they must have had a pre knowledge about Bitcoin and about the source to buy Bitcoin from? Any further knowledge apart from how to buy Bitcoin should come after they must have bought Bitcoins already. Just like I stated, Bitcoin is a broad course and since it is still in the process of developing you can never acquire all the necessary knowledge even the ones you're calling basic knowledge still needs concentration and focus before you can become satisfied on the right step to follow. Should a beginner take because they want to have a basic knowledge about Bitcoin investment and keep on wasting a lot of time before investing? What if they end up buying Bitcoin at a price higher than they would have bought initially? or after they must have gotten the basic knowledge? So far as a beginner has the discretionary income to invest with they can do that and get any knowledge they want to acquire later on.

my personal preference is to set buy orders in advance, yet you have to have money on an exchange that allows for the placement of those kinds of limited buy orders.

Yeah JJG, it's a smart approach, very effective one. You surely get your buy order executed as soon as the price dip is achieved. On the other hand there is a possibility that the limit order is attained, but there is no corresponding market order to offset it possibly because you utilized an asset which is not much in demands and has low liquidity like LTC or so. Therefore there would be no trade and you'll be pained to find out you missed out on your target price.

I think when setting buy orders, it's very important we do that with USDT or any other highly liquid coin in order to increase the chances of our buy orders being executed at the right time.

Why must you use LTC to buy bitcoin when you know that investing in bitcoin should be in fiat of your local currency or USDT. USDT is stable and with that you can easily set your buy orders with rest of mind. It is useless for you to use altcoins to set your buy order because they are highly volatile than Bitcoin and it means that you are gambling for thinking you can use shitcoins to buy bitcoin because the price can dump and not recover leading you to great loss.

I think you misunderstood @DubemIfedigbo001, he didn't talked about buying Bitcoin with LTC you can read his last paragraph to understand the context of what he's talking about

[avp2306]

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think basic knowledge is very important for a beginner because, without it, some may not even know the right source to buy Bitcoin from. Some, after buying, don't know what the next step is, and because of this, their Bitcoin can be easily stolen from them. In fact, many can even lose money in the process of trying to purchase Bitcoin. So, with that, I would say it is a good idea for beginners to have some knowledge so it doesn't get too complicated when they are trying to invest in Bitcoin. I think losing money the first time they buy Bitcoin can also be discouraging for them. I know it will surely take time if beginners want to learn most of the necessary knowledge before investing in Bitcoin,but knowing how Bitcoin works like understanding that Bitcoin is a volatile asset and learning about scammers can save them from losing their funds.and know again it because of basic knowledge some beginners lack that make them even trying to attack  even the person that introduced Bitcoin to them.

For accumulation I guess we don't really need to have that and just learn a long way when we already starting. Since doing research while the only thing you are doing is to hold your bitcoin might cause a lot of down times. They are accumulating so for sure there's no technical knowledge needed. What's more important is they learn a long way since its good to learn thru your experiences. DCA method is easy to learn and for sure newbie will not spend a lot of time to understand this.

But I know what you are pointing out but usually those researching things applicable if you are engaging on a risky short term investment. Since if you are not careful with your decision towards risky matters you adapt for sure you have huge chance to lose.

[Justbillywitt]

But if an investor invests regularly in Bitcoin no matter what he does, he will definitely get success

That an investor invested in bitcoin regularly does not give him the passage to do anything with the investment and still have hope of achieving success in it. For an investor to see the success he hoped for in bitcoin, he must observe certain rules, and the most important is for him not to tamper with the investment before the maturity date. If he tampers with the investment before the maturity date, he likely not achieve success with the investment. The ability of an investor to successfully hold his his or her investment to the maturity date, is what will determine if he or she will have success with the investment. I'm referring to long term investors in this case, people who invest and Hodl for a period of at least 5 to 10 years minimum.

[Promocodeudo]

Fine, it's good to tailor down how we invest such that we are also putting into consideration a possible worse-case scenario while investing which is the main reason why we invest what we can afford to loose but even at that, being too conscious of your potential loss will only serve to hinder you from making the best investment choice and will prevent you from using an amount that's moderate enough to give you good returns from your investment.

Historical data is relevant while making any futuristic projections and we've relied partly on it for most of our speculation but apart from that, the need Bitcoin stands in the gap to solve, the increasing rate of adoption, the prospective numbers of intending adoptors and and the decentralized technology that backs Bitcoin up is one of the core reasons it's still right to keep buying Bitcoin without a sense of serious fear that Bitcoin will dump and never rise again all of a sudden.

Once you hear the word investment just know that there is risk involved. And an investment choses to start an investment based on how they tend to manage their risk. The reason why many do not go into Bitcoin investment is because they dont want to lose any money at all. But that is not guaranteed in Bitcoin. There must be deduction in the price of Bitcoin sometimes when the price gets allow and when its get higher there will be gains. This is how the market was structured to work.

Funny enough not just in Bitcoin investment alone. It happens in all investment. There always comes a season that investors loss and some season they gain so it mostly depends on how long we are willing to take our profit.

Risk management should be given utmost priority as an investor, however any investor that has the mindset of investment risk free does not understand what investment is all about, every investor should understand that there is no free money anywhere and for you to achieve whatever goal you set for yourself obstacles must come and this obstacles comes in form of risk, in bitcoin investment your asset depreciates once there is drop in the price and appreciate respectively and for me thats normal, in a futuristic investment that has a profitable end, risk must be involved but the ability of an investor to figure out ways to .manage the risk is what makes him or her a good strategist, every investor need to be smart in other to scale through in an investment, as for losing money as an investor, it happens but am very sure of asset depreciation although it doesn't happen always and for real thats the concept of Bitcoin that every investor should know in other not to be disappointed at the end of the day. As we all know, Bitcoin is a long-term investment so I don't expect people to bother themselves much about the recent consistent dip so as not to be discouraged, lets continue to keep hope alive by investing the little we can continuously not minding the market price at all time, Bitcoin is for the future irrespective of the risk involved which is normal for such a promising investment, we should always think about the future which is supose to be our major target as bitcoiners.

[Sebas.tian]

But if an investor invests regularly in Bitcoin no matter what he does, he will definitely get success

That an investor invested in bitcoin regularly does not give him the passage to do anything with the investment and still have hope of achieving success in it. For an investor to see the success he hoped for in bitcoin, he must observe certain rules, and the most important is for him not to tamper with the investment before the maturity date. If he tampers with the investment before the maturity date, he likely not achieve success with the investment. The ability of an investor to successfully hold his his or her investment to the maturity date, is what will determine if he or she will have success with the investment. I'm referring to long term investors in this case, people who invest and Hodl for a period of at least 5 to 10 years minimum.

Except the investor did not release the Bitcoin in the bullish season, he or she will not going to achieve income from the investment, but if the investor purchase regularly from the bearish season and hold for long term before he or she can sell, I think there is a hope for the investor to make income from the holding. The rules are very important for investor to follow to achieve their target from the investment, first, the investor should try to eliminate fear whenever he or she is holding the Bitcoin and it will be easy for the investor to achieve success in the nearest future, secondly, the investor should be patient in holding whenever he or she succeed to purchase Bitcoin from the market because there are rules investor can follow to achieve their target from the investment. For investor to made up his or her mind to be investing in Bitcoin regularly, show that such investor is ready to hold the Bitcoin more than five years before he or she can release the Bitcoin to make huge amount of income.

[Ruttoshi]

But if an investor invests regularly in Bitcoin no matter what he does, he will definitely get success

That an investor invested in bitcoin regularly does not give him the passage to do anything with the investment and still have hope of achieving success in it. For an investor to see the success he hoped for in bitcoin, he must observe certain rules, and the most important is for him not to tamper with the investment before the maturity date. If he tampers with the investment before the maturity date, he likely not achieve success with the investment. The ability of an investor to successfully hold his his or her investment to the maturity date, is what will determine if he or she will have success with the investment. I'm referring to long term investors in this case, people who invest and Hodl for a period of at least 5 to 10 years minimum.

You are right and that is why for an investor not to tamper with his bitcoin investment and be able to hodli for long based on his own time frame, that investor need to use part of his discretionary income to invest in bitcoin. He must have his emergency funds for back up to his bitcoin investment so that when a real emergency arises like a heavy wind pulling of his roof, he will use his emergency funds and not his bitcoin. The investor can still also have a reserve funds to be a back up of his emergency funds.

The investor must also have patience with his bitcoin investment and be consistent with building and growing it regularly without thinking of selling when he sees little profit. Sacrifice and self determination to buy and hodli overtime in order for you to reach your bitcoin target.

[ginsan]

You are right and that is why for an investor not to tamper with his bitcoin investment and be able to hodli for long based on his own time frame, that investor need to use part of his discretionary income to invest in bitcoin. He must have his emergency funds for back up to his bitcoin investment so that when a real emergency arises like a heavy wind pulling of his roof, he will use his emergency funds and not his bitcoin. The investor can still also have a reserve funds to be a back up of his emergency funds.

The investor must also have patience with his bitcoin investment and be consistent with building and growing it regularly without thinking of selling when he sees little profit. Sacrifice and self determination to buy and hodli overtime in order for you to reach your bitcoin target.

In a long-term mindset, of course, an investor who has convinced Bitcoin as one of the assets focused on long-term investment, of course they will not be tempted by short-term profits. They will continue to buy, regardless of the execution price they make because their focus is only on increasing their BTC ownership.

Invest casually without any burden on your mind. Set aside monthly income to invest in Bitcoin, which means the money you budget will not affect your daily expenses or living needs. Learn while investing and dig up lots of information that builds your enthusiasm to continue holding Bitcoin. See how people who were earlier familiar with Bitcoin, how they succeeded and their stories are always a motivation in the investments we make.

[topbitcoin]

There is no guarantee for bitcoin because after all for now when talking about the future is better for bitcoin by looking at the process and progress of the years we have passed it is not a guarantee but is a hope because even though we always say that bitcoin will always develop but in the end this is just a hope that bitcoin is like that is not a guarantee so that we can see that bitcoin is at risk.

I think you are getting most of your statements wrong because reading your whole perspective about Bitcoin shows that you don't have the belief that your investment will worth something in the future, I'm not disputing your fact about the risk involves on investment but you should also know that Bitcoin doesn't involve that much risk if you are a holder and secondly before you have seen people having Bitcoin as there only digital investment is because in as much as they cannot tell what the price will be in years to come but they are very sure that they would feel relieve from the profit they would have, I'm surprised that you are seeing Bitcoin investment in this angle because I was thinking that with how fascinating Bitcoin has been over the years you would have understand the potential it has.

Belief in bitcoin does not mean we can guarantee that bitcoin will have a better situation because it is ultimately just a hope so in this case we cannot be naive even though we believe in bitcoin but that does not mean we always assume that bitcoin will definitely end well. In the end, better things in the future are hopes and current conditions when starting from bitcoin being created until now when looking at the progress and the process is very good so the hope is that bitcoin continues to be better in the future. That hope is not a guarantee.

 Not that I say things like this I'm not sure about bitcoin because I also still hold bitcoin from a few years ago until now it's just that we shouldn't be too naive because in the end we must know the risk of being in bitcoin is that we must be prepared for all possibilities that occur including loss so don't just take the positive side but must be prepared for all the worst possibilities.

[NewRanger]

Not that I say things like this I'm not sure about bitcoin because I also still hold bitcoin from a few years ago until now it's just that we shouldn't be too naive because in the end we must know the risk of being in bitcoin is that we must be prepared for all possibilities that occur including loss so don't just take the positive side but must be prepared for all the worst possibilities.

indeed, sometimes there are still many who are curious about investing in this space and often ask what will we do if our investment does not go as expected?

Whatever considerations we will decide the best choice in the end is still in BTC and this is a fact for others it is not that it should not be invested but it is quite time and mind consuming.

[Ambatman]

Not that I say things like this I'm not sure about bitcoin because I also still hold bitcoin from a few years ago until now it's just that we shouldn't be too naive because in the end we must know the risk of being in bitcoin is that we must be prepared for all possibilities that occur including loss so don't just take the positive side but must be prepared for all the worst possibilities.

indeed, sometimes there are still many who are curious about investing in this space and often ask what will we do if our investment does not go as expected?

Whatever considerations we will decide the best choice in the end is still in BTC and this is a fact for others it is not that it should not be invested but it is quite time and mind consuming.

well I understand but it's usually mind consuming because we are usually focused on the present and not the future
So dips could affect us mentally
But if you going long term, the effect gets milder
And time consuming?
Except you trading, I don't see how investing in Bitcoin is time consuming
All you have to do is buy or make an order and move to a cold wallet or non custodial wallet.

Not that I say things like this I'm not sure about bitcoin because I also still hold bitcoin from a few years ago until now it's just that we shouldn't be too naive because in the end we must know the risk of being in bitcoin is that we must be prepared for all possibilities that occur including loss so don't just take the positive side but must be prepared for all the worst possibilities

There's nothing in the world that doesn't have an element of risk, Bitcoin included
That's why it's adviced to invest what you can afford to loss.
Whether a person believes or not doesn't really affect the price of Bitcoin in the grand scheme of things
Beliefs just show if a person is ready to get rich or Not.

[avp2306]

indeed, sometimes there are still many who are curious about investing in this space and often ask what will we do if our investment does not go as expected?

Whatever considerations we will decide the best choice in the end is still in BTC and this is a fact for others it is not that it should not be invested but it is quite time and mind consuming.

well I understand but it's usually mind consuming because we are usually focused on the present and not the future
So dips could affect us mentally
But if you going long term, the effect gets milder
And time consuming?
Except you trading, I don't see how investing in Bitcoin is time consuming
All you have to do is buy or make an order and move to a cold wallet or non custodial wallet.

Certain effect of listening to wrong information spread by some people and they create some fantasy in mind that bitcoin is quick rich scheme which they can earn easy money.

But when they invest with it in real time to many challenges they face on and figure out something that bitcoin is not really an easy investment sine volatile market is to risky for them. Only few people will have long patience and courage to carry on the risk survive and those who easily get affected by dips usually the loser then quit. So for sure later on they could figure out that Holding bitcoin is more better option to gain rather than thinking about short term profit taking on trading which provably could make them a loser especially if market move on the direction that they didn't like to happen. In bitcoin holding the easiest thing we need to do is to accumulate,hold then ignore the situation of the market since if we can able to extend our patience for long term purposes then there's huge chance that people doing this provably can earn huge profit in future.