Buy Buy Buy or Sell Sell Sell?

[uswa56]

But we are mostly wrong here. When its market dump we get depressed and rush to sell invested bitcoins. In most cases there are very few people who hold bitcoins even in bad times and wait for the right time. So I would say buy bitcoin whenever there is an opportunity and invest for long term and hope to make big profit in future.

If you want to invest in Bitcoin, you must invest for the long term. Those who invest for long term never think of selling in despair when the market goes down. Rather, those who invest for a long period try to increase the amount of investment when the market is down. However, currently the price of Bitcoin is low, many expect the price of Bitcoin to increase significantly in 2025 so there is an opportunity for those who want to take profits in the short term. Because if you invest now, you may earn a lot of profit within a year. But we must have the ability to hold Bitcoin for a long time, if you can't hold for a long time then investing in Bitcoin is not for you. The best way to invest in Bitcoin is to invest in DCA method, if you can continue investing in DCA method for 5-10 years on weekly or monthly basis then you can be a successful investor.

When someone decides to run an investment in the long term then what they do continue to accumulate the asset consistently and it will not affect them to sell when the price is declining but they will buy more than usual when it is declining if they have funds that they can hold in the long term and also true as you said if they cannot hold in the long term then it will be very difficult to can run investments well and profit from them, but when we have understood that investing in Bitcoin will be very useful for our future, then anyone will try to be able to have that investment.

I agree with you by using the DCA method in investing, of course, it will be very good if you can make purchases consistently, but we also have to pay attention to the funds that we will use to carry out the method and not be able to hold back in the long term and I think to be able to carry out the method we must manage the income we have well and set aside some of the benefits to run the DCA method.

[Xcode7]

When someone decides to run an investment in the long term then what they do continue to accumulate the asset consistently and it will not affect them to sell when the price is declining but they will buy more than usual when it is declining if they have funds that they can hold in the long term and also true as you said if they cannot hold in the long term then it will be very difficult to can run investments well and profit from them, but when we have understood that investing in Bitcoin will be very useful for our future, then anyone will try to be able to have that investment.

I agree with you by using the DCA method in investing, of course, it will be very good if you can make purchases consistently, but we also have to pay attention to the funds that we will use to carry out the method and not be able to hold back in the long term and I think to be able to carry out the method we must manage the income we have well and set aside some of the benefits to run the DCA method.

It all goes back to the initial plan that we made, if we plan to invest long term of course when the price is falling is the right time to add assets but for those who only want to take advantage for a moment I think there are quite a few aspects that need to be looked at including selling when the price is falling so that the loss is not too deep is also worth doing.

I think none of us here doubt investing in the future.

And the DCA method is indeed quite helpful for us to continue to increase assets for the benefits achieved in the future, for now the DCA method is quite widely used by many people who have limited capital but if someone who plans to invest in the future and has a lot of capital I think there are also quite a few other methods that can be more profitable.

[lizarder]

I would think that long term investors are not too obsessed about short term price moves even if they might have started buying BTC somewhere in the lower price ranges in late 2022 and/or early 2023, especially if they have an investment timeline of 4-10 years or longer, and so they may well spend one or two cycles just accumulating BTC rather than pondering over when they might sell.. so then motivation to transition away from accumulating BTC and into potentially selling BTC may take a bit of time, including reaching some kind of a BTC accumulation goal... so Even reaching a BTC accumulation goal does not seem as if the mere reaching of such goal would (or should) be enough to motivate selling BTC.. since bitcoin remains a great long term investment in spite of its volatility and its sometimes spiking out into higher price territories..

Long-term investors never think about the movement or correction process that occurs in the market and the only thing they think about is how to accumulate at all times with a predetermined concept and period. That is why the long term has a much better impact and people do not need to be involved in panic even though the price of bitcoin has fallen very deeply. I am one of the long-term holders and even though I do the selling process when the price of bitcoin has increased significantly, I always make a percentage in the desired amount. That is why I am also obsessed with the DCA method because I don't need to wait for a price drop when I want to make a purchase and I can also make a percentage of purchases for the desired period.

Long-term holders are also more relaxed in facing market conditions, both experiencing sharp declines and corrections that last a long time in the market because the target they want to achieve is not to make a profit in the journey process but to wait for ATH. For me, it is more coordinated in the long term to invest in bitcoin, although there are people who can profit in the short term, but it comes back to each individual in making their investment plan.

[JayJuanGee]

I would think that long term investors are not too obsessed about short term price moves even if they might have started buying BTC somewhere in the lower price ranges in late 2022 and/or early 2023, especially if they have an investment timeline of 4-10 years or longer, and so they may well spend one or two cycles just accumulating BTC rather than pondering over when they might sell.. so then motivation to transition away from accumulating BTC and into potentially selling BTC may take a bit of time, including reaching some kind of a BTC accumulation goal... so Even reaching a BTC accumulation goal does not seem as if the mere reaching of such goal would (or should) be enough to motivate selling BTC.. since bitcoin remains a great long term investment in spite of its volatility and its sometimes spiking out into higher price territories..

Long-term investors never think about the movement or correction process that occurs in the market and the only thing they think about is how to accumulate at all times with a predetermined concept and period. That is why the long term has a much better impact and people do not need to be involved in panic even though the price of bitcoin has fallen very deeply. I am one of the long-term holders and even though I do the selling process when the price of bitcoin has increased significantly, I always make a percentage in the desired amount. That is why I am also obsessed with the DCA method because I don't need to wait for a price drop when I want to make a purchase and I can also make a percentage of purchases for the desired period.

Long-term holders are also more relaxed in facing market conditions, both experiencing sharp declines and corrections that last a long time in the market because the target they want to achieve is not to make a profit in the journey process but to wait for ATH. For me, it is more coordinated in the long term to invest in bitcoin, although there are people who can profit in the short term, but it comes back to each individual in making their investment plan.

Surely how much any longer term BTC investor might be within their BTC accumulation stage, maintenance stage or liquidation stage may well have to do with how long they had been accumulating BTC in terms of their overall budget and ongoing expected standard of living - including whether they have started to live off of their BTC versus the extent to which they might have other income sources.  There likely would still be a preference to spend from other income sources prior to spending from BTC, and there could also begin to be some selling of BTC on the way up and using that proceeds from those price-based sales to either consume, invest or to buy back BTC on dips (if such dips were to happen at a significant enough level).

Even if I use your April 2017 forum registration date as an example of a BTC investment timeline, maybe we could hypothesize someone in your position who might have had attempted to mostly accumulate his BTC in 2017, 2018, 2019 and 2020 (so more or less a 3-4 year accumulation timeline), so surely there could have been some DCAing going on and also there could have had been some lump sum investing, so maybe it would not be unreasonable for such a person to have had been able to get an average BTC cost of less than $6k per BTC, so then part of the question might be whether the guy had accumulated an amount that he conceives as enough or if he might feel that he needs to continue to accumulate more BTC or at least wait for his BTC to reach a certain value before he starts to shave off some of the profits or to even attempt to use his BTC stash as a way to draw from periodically, and so as you mentioned such guy might start by merely shaving off amounts of BTC during the BTC price rises (price-based withdrawals) rather than feeling that he can start to withdraw small amounts of BTC at any price (time-based withdrawals such as monthly, quarterly or yearly). 

It seems to me that price-based withdrawals are more preferred in the earlier stages of getting used to starting to cashout some BTC and including in times when a person might still not be quite sure if his BTC stash is quite large enough to just cash out at any time, yet the larger his profit cushion and the larger the overall value of his BTC stash relative to his standard of living expectations, the more he will become accepting of time-based withdrawals and less concerned about whether or not he buys back with the proceeds of his sales.

By the way, I personally believe that anyone who remains concerned about the size of his BTC stash should not be selling with intentions to accumulate more BTC by buying back cheaper, and so any sales on the way up are not necessarily for the buying back lower purpose (in order to accumulate more BTC), but still such selling on the way up could provide some insurance for BTC price falls so that there still could be some buying on the way down if the BTC price drops as a way to attempt to maintain the value of the BTC holdings and not necessarily to engage in any kind of substantial accumulation of BTC based on potential BTC price drops that may or may not end up happening. 

Even if we might assume that a hypothetical person in your timeline of investing into BTC might have had been able to get average BTC price of less than $6k per BTC, it still makes a difference if the guy had been able to accumulate 10 BTC, 20 BTC, 30 BTC or some higher quantity of BTC, and so it also makes a difference regarding what is the guy's living standard, and if the guy needs $50k per year to live, $100k, $200k or some other amount, and so the higher quantity of the BTC will satisfy the ability to withdraw higher yearly incomes from it even under a time-based rather than a price based withdrawal system.. and so of course, price-based withdrawing can be used with smaller BTC stash sizes when there is less certainty about the sustainability to be able to employ time-based withdrawals that are less concerned about BTC price movements.

[Mayor of ogba]

One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels.

I will never advise anyone to adopt trading bitcoin for short-term profit because I know how risky and the emotional damage that comes with trading bitcoin for short-term profit, and sometimes your money can get stuck, and if you fail to hold your bitcoin for the price to go high again, you will sell it at a loss. Trading requires a high level of knowledge that will help you to master it, which can take you so many months to learn, and you also need to be able to determine if there will be news that will affect the price of bitcoin so that you will know when to buy bitcoin. Since trading bitcoin for short-term profit is difficult, it is better to put the energy into accumulating bitcoin for a long-term purpose and also save yourself from the stress that comes with trading.

[Egii Nna]

One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels.

I will never advise anyone to adopt trading bitcoin for short-term profit because I know how risky and the emotional damage that comes with trading bitcoin for short-term profit, and sometimes your money can get stuck, and if you fail to hold your bitcoin for the price to go high again, you will sell it at a loss. Trading requires a high level of knowledge that will help you to master it, which can take you so many months to learn, and you also need to be able to determine if there will be news that will affect the price of bitcoin so that you will know when to buy bitcoin. Since trading bitcoin for short-term profit is difficult, it is better to put the energy into accumulating bitcoin for a long-term purpose and also save yourself from the stress that comes with trading.

Yea, short-term trading comes with a higher emotional stress, and even with your knowledge about it, you will still lose. That is just a fact, and I also believe that the best way to get a lot of profit in bitcoin is through long-term investment, which will help you to accumulate a lot of bitcoin to hold, and that is the best recommended for those that have no time to learn about bitcoin trading. 
 
Trading deals with a higher knowledge and research for several months, and even if you become an expert in trading, you most likely lose, which takes much of your time and will not allow you to have time to do other things. So as someone new in bitcoin and you are mostly occupied, the best space for you is long-term investment, not trading, but if you have the knowledge and you feel you can do the trading, then put it in mind that you are likely to lose sometimes.

[bangjoe]

Yea, short-term trading comes with a higher emotional stress, and even with your knowledge about it, you will still lose. That is just a fact, and I also believe that the best way to get a lot of profit in bitcoin is through long-term investment, which will help you to accumulate a lot of bitcoin to hold, and that is the best recommended for those that have no time to learn about bitcoin trading. 
 
Trading deals with a higher knowledge and research for several months, and even if you become an expert in trading, you most likely lose, which takes much of your time and will not allow you to have time to do other things. So as someone new in bitcoin and you are mostly occupied, the best space for you is long-term investment, not trading, but if you have the knowledge and you feel you can do the trading, then put it in mind that you are likely to lose sometimes.

I see a lot of traders and even institutions that make short-term investments are losing money because of short-term trading that costs them money, logically especially me who doesn't really understand the market and has'nt a lot of time to analyze of course just acting like a fool who is gambling lol.

There is no other way to make a profit in bitcoin is by long-term investment, making purchases with DCA and when you feel you have enough bitcoin that you already have then store it in a wallet that you control yourself and after that it's just a matter of waiting until the time comes that you want to harvest the long-term investment profits that you planned.

[Egii Nna]

There is no other way to make a profit in bitcoin is by long-term investment, making purchases with DCA and when you feel you have enough bitcoin that you already have then store it in a wallet that you control yourself and after that it's just a matter of waiting until the time comes that you want to harvest the long-term investment profits that you planned.

Bitcoin is never enough if you want to keep it for a long time. You have to keep accumulating it so that you will not rely on what you have already accumulated because embarking on a long-term investment is not as easy as we usually say it; it deals with a higher level of patience that we will never expect. So we purchase bitcoin with DCA, and continuously you will always feel like you don’t have enough of bitcoin. That will help you not to rely on your already accumulated bitcoin, and it will help a long way to hold your bitcoin for a long time to have a better profit.

[BITCOIN4X]

~Snip

When someone decides to run an investment in the long term then what they do continue to accumulate the asset consistently and it will not affect them to sell when the price is declining but they will buy more than usual when it is declining if they have funds that they can hold in the long term and also true as you said if they cannot hold in the long term then it will be very difficult to can run investments well and profit from them, but when we have understood that investing in Bitcoin will be very useful for our future, then anyone will try to be able to have that investment.

In fact, not all users can do exactly that because of their limited budget. You can't generalize that all holders are the same, sometimes they only hold up to a few percent increase before selling it all there. Long-term holders are of course different, but the accumulation you make certainly depends on how much you can budget.

I agree with you by using the DCA method in investing, of course, it will be very good if you can make purchases consistently, but we also have to pay attention to the funds that we will use to carry out the method and not be able to hold back in the long term and I think to be able to carry out the method we must manage the income we have well and set aside some of the benefits to run the DCA method.

Investment plans must be adjusted to the budget. If you can only afford to buy with 10% of your monthly salary, then don't buy more than that. Of course you can increase your budget percentage over time, especially if you are able to save more. However, always consider having a reserve budget so that you don't have difficulty getting a budget when you need it urgently, otherwise your investment plans will be damaged.

[bangjoe]

There is no other way to make a profit in bitcoin is by long-term investment, making purchases with DCA and when you feel you have enough bitcoin that you already have then store it in a wallet that you control yourself and after that it's just a matter of waiting until the time comes that you want to harvest the long-term investment profits that you planned.

Bitcoin is never enough if you want to keep it for a long time. You have to keep accumulating it so that you will not rely on what you have already accumulated because embarking on a long-term investment is not as easy as we usually say it; it deals with a higher level of patience that we will never expect. So we purchase bitcoin with DCA, and continuously you will always feel like you don’t have enough of bitcoin. That will help you not to rely on your already accumulated bitcoin, and it will help a long way to hold your bitcoin for a long time to have a better profit.

And that is the wrong logic in investing, you are like a greedy person, basically this is an investment that you also do not need to overdo it, just with the amount of bitcoin that you consider it worthy can provide a profit that can help you in a few years when you hold it at that time.
In this life nothing is easy if you think and act for the long term, so I think it is a risk that must be taken in your journey in investing, it should be your calculation when you before buying bitcoin for the long term, do you not think about it?

In fact, in order not to depend on your investment in bitcoin you must have good money management in your life, everything must be calculated properly, so when your life situation is difficult you will not interfere with your investment in bitcoin, think a little mature in investing, determine the amount of bitcoin you can strive for during the accumulation journey, unless at some point you have more money and want to increase the number of bitcoins, it is not a problem when your finances are very well organized.

[Ambatman]

In fact, in order not to depend on your investment in bitcoin you must have good money management in your life, everything must be calculated properly, so when your life situation is difficult you will not interfere with your investment in bitcoin, think a little mature in investing, determine the amount of bitcoin you can strive for during the accumulation journey, unless at some point you have more money and want to increase the number of bitcoins, it is not a problem when your finances are very well organized.

Instead of wasting money to buy 5 vodka
Buy 2 and get yourself a Bitcoin
Instead of satisfying all your cravings
Satisfy some and get yourself a Bitcoin.
When calculating expenses after salary or a wage and Bitcoin.
In essence invest from spare cash
That won't affect your standard of living or financial standing much.
Let it be among your financial plan for the month.
We should be careful with assets we use as Collateral.

[Tauja]

Yea, short-term trading comes with a higher emotional stress, and even with your knowledge about it, you will still lose. That is just a fact, and I also believe that the best way to get a lot of profit in bitcoin is through long-term investment, which will help you to accumulate a lot of bitcoin to hold, and that is the best recommended for those that have no time to learn about bitcoin trading. 
 
Trading deals with a higher knowledge and research for several months, and even if you become an expert in trading, you most likely lose, which takes much of your time and will not allow you to have time to do other things. So as someone new in bitcoin and you are mostly occupied, the best space for you is long-term investment, not trading, but if you have the knowledge and you feel you can do the trading, then put it in mind that you are likely to lose sometimes.

For example, if someone is looking for profit, they will trade but they have a risk of loss if they have the wrong strategy.
While holders are also looking for profit but they do not lose because they continue to buy bitcoin until the time they want.
So both are very different and only holders will succeed later. Just look at how many are crying because they sold early, but holders are not like that, their portfolio profits continue to increase. Yes, it is better to be a long-term investor than to be a trader with hopes that have not fully run as desired.

[Marvelockg]

There is no other way to make a profit in bitcoin is by long-term investment, making purchases with DCA and when you feel you have enough bitcoin that you already have then store it in a wallet that you control yourself and after that it's just a matter of waiting until the time comes that you want to harvest the long-term investment profits that you planned.

Bitcoin is never enough if you want to keep it for a long time. You have to keep accumulating it so that you will not rely on what you have already accumulated because embarking on a long-term investment is not as easy as we usually say it; it deals with a higher level of patience that we will never expect. So we purchase bitcoin with DCA, and continuously you will always feel like you don’t have enough of bitcoin. That will help you not to rely on your already accumulated bitcoin, and it will help a long way to hold your bitcoin for a long time to have a better profit.

if you've already set out an emergency funds and you don't become lazy with your primary stream of income just because you have some Bitcoin stack already,  you wouldn't for any reason think of using a part of your Bitcoin holding for a personal gain. The reason why you're stacking Bitcoin with the use of the DCA methord is so while you're buying your Bitcoin, you can still have some good amount of spare cash you will be left with to sort out your needs throughout your accumilation phase. For those that are in for the long term, it's obvious you will have to pass through series of phases when you get tempted to seel before you've reached your accumilation goal or you see certain things along the way that gets your attention and you're compelled to use part of your holding for those purpose. It's through the right plans you've set out that you can comfortably overcome these challenges and continue doing DCA till you've reached your goal.

Purchasing Bitcoin for the long run is not easy at all and certainly, there will come a time when you might not follow up your routine the way you've planned it out. That's just life and it's totally not an ideal setting where everything you've planned just works out the way you've planned it but in the midst of this reality, you still have to strive to remain consistent at your accumilation plan and discipline yourself never to be extravagant with your Bitcoin stack.

[Tmoonz]

There is no other way to make a profit in bitcoin is by long-term investment, making purchases with DCA and when you feel you have enough bitcoin that you already have then store it in a wallet that you control yourself and after that it's just a matter of waiting until the time comes that you want to harvest the long-term investment profits that you planned.

Bitcoin is never enough if you want to keep it for a long time. You have to keep accumulating it so that you will not rely on what you have already accumulated because embarking on a long-term investment is not as easy as we usually say it; it deals with a higher level of patience that we will never expect. So we purchase bitcoin with DCA, and continuously you will always feel like you don’t have enough of bitcoin. That will help you not to rely on your already accumulated bitcoin, and it will help a long way to hold your bitcoin for a long time to have a better profit.

if you've already set out an emergency funds and you don't become lazy with your primary stream of income just because you have some Bitcoin stack already,  you wouldn't for any reason think of using a part of your Bitcoin holding for a personal gain. The reason why you're stacking Bitcoin with the use of the DCA methord is so while you're buying your Bitcoin, you can still have some good amount of spare cash you will be left with to sort out your needs throughout your accumilation phase. For those that are in for the long term, it's obvious you will have to pass through series of phases when you get tempted to seel before you've reached your accumilation goal or you see certain things along the way that gets your attention and you're compelled to use part of your holding for those purpose. It's through the right plans you've set out that you can comfortably overcome these challenges and continue doing DCA till you've reached your goal.

Purchasing Bitcoin for the long run is not easy at all and certainly, there will come a time when you might not follow up your routine the way you've planned it out. That's just life and it's totally not an ideal setting where everything you've planned just works out the way you've planned it but in the midst of this reality, you still have to strive to remain consistent at your accumilation plan and discipline yourself never to be extravagant with your Bitcoin stack.

I find this choice of your word problematic which is subjecting the money that is meant to take care of your living expenses to be spare amount or cash you will be left with to sort out your needs, you might be right in your explanation but your choice of words can become contradictory to a newbie,  my point is that it is best we prioritize the amount of money to be used to take care of our living expenses by not relating it to be called left over cash, or spare money, whereas what should be considered as a left over cash or spare money should be be associated with our dca amount.

[Berry2d]

It all goes back to the initial plan that we made, if we plan to invest long term of course when the price is falling is the right time to add assets but for those who only want to take advantage for a moment I think there are quite a few aspects that need to be looked at including selling when the price is falling so that the loss is not too deep is also worth doing.

I don't see selling btc when it dip to buy back when it's high as something worth doing. Even as you think some people would like to take advantage of btc as your statement implies, but I don't see how seling btc to avoid loss a way of taking advantage for a moment. By the way how long would such person will continue sell and buy back while he should have taken advantage of buy in each dip rather selling on each dip. Some people think their strategy are smarter than others while they are doing it wrong.

I think none of us here doubt investing in the future.

You can only speak for yourself but not all members

I think there are also quite a few other methods that can be more profitable.

Apart from the three method I have come across in this thread being lump sum, buying the dip and DCA I don't think there is another strategy that is profitable again except you develop a personal strategy.

[As-Soon-As]

In fact, in order not to depend on your investment in bitcoin you must have good money management in your life, everything must be calculated properly, so when your life situation is difficult you will not interfere with your investment in bitcoin, think a little mature in investing, determine the amount of bitcoin you can strive for during the accumulation journey, unless at some point you have more money and want to increase the number of bitcoins, it is not a problem when your finances are very well organized.

Instead of wasting money to buy 5 vodka
Buy 2 and get yourself a Bitcoin
Instead of satisfying all your cravings
Satisfy some and get yourself a Bitcoin.
When calculating expenses after salary or a wage and Bitcoin.
In essence invest from spare cash
That won't affect your standard of living or financial standing much.
Let it be among your financial plan for the month.
We should be careful with assets we use as Collateral.

I couldn't agree with the way you said it, because if a person has cash they can buy bitcoins. But how can a person invest if he doesn't have cash?

That is why it is best to use Bitcoin according to the DCA method, where new investors can achieve success. An investor has to wait for a long time and invest in Bitcoin through the DCA method for a long time to achieve success. To invest in Bitcoin, one must hold it for a long time, holding it for a long time is the only way to get success. Because a person will accumulate bitcoins from small amounts of money and after a long period of time he will accumulate some amount of bitcoins. And if he realizes the amount at the end of the future years, he can accumulate a huge amount of bitcoins just by following the DCA method. So I think for all individuals, if they buy bitcoins and hold them for a long time, according to this DCA strategy, they will be successful.

[Ambatman]

In fact, in order not to depend on your investment in bitcoin you must have good money management in your life, everything must be calculated properly, so when your life situation is difficult you will not interfere with your investment in bitcoin, think a little mature in investing, determine the amount of bitcoin you can strive for during the accumulation journey, unless at some point you have more money and want to increase the number of bitcoins, it is not a problem when your finances are very well organized.

Instead of wasting money to buy 5 vodka
Buy 2 and get yourself a Bitcoin
Instead of satisfying all your cravings
Satisfy some and get yourself a Bitcoin.
When calculating expenses after salary or a wage add Bitcoin.
In essence invest from spare cash
That won't affect your standard of living or financial standing much.
Let it be among your financial plan for the month.
We should be careful with assets we use as Collateral.

I couldn't agree with the way you said it, because if a person has cash they can buy bitcoins. But how can a person invest if he doesn't have cash?

I can't really get what you mean but what am trying to insinuate is
Invest with spare cash i.e amount of money you can do without
It helps in DCAing without getting anxious every time.

[EclipseXcrypto]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

The bull run will never end so wait for the bear time and participate in the bull run, instead of panicking we have to wait and watch the market move. I think bitcoin investment should be for the long term, and future investors have the opportunity to make a big profit. Recently we have seen different market movements of Bitcoin where we can see a Bitcoin crossing around $70k and then falling back to $68k in a matter of hours. Again Bitcoin has almost crossed $72k, so avoid wallet balance check in dollars or invest for long term rather than short term investment and wait to win BTC $100k.

Don't wait to buy bitcoin during bear market alone, but keep it consistent using a DCA approach which has proven to be effective in both bear and bull markets. Steady accumulating bitcoin using a DCA is an important way stay in the market and build a your portfolio. As an investor with  a long-term aim bull and bear markets shouldn't be given much attentions but prioritizing and focusing on your accumulation in both seasons is a key factor for long-term investors.

[adultcrypto]

Instead of wasting money to buy 5 vodka
Buy 2 and get yourself a Bitcoin
Instead of satisfying all your cravings
Satisfy some and get yourself a Bitcoin.
When calculating expenses after salary or a wage add Bitcoin.
In essence invest from spare cash
That won't affect your standard of living or financial standing much.
Let it be among your financial plan for the month.
We should be careful with assets we use as Collateral.

I couldn't agree with the way you said it, because if a person has cash they can buy bitcoins. But how can a person invest if he doesn't have cash?

I can't really get what you mean but what am trying to insinuate is
Invest with spare cash i.e amount of money you can do without
It helps in DCAing without getting anxious every time.

You can still invest part of your important capital into bitcoin and will not be taking too much risk provided you are not eager to sell. When we limit investment in bitcoin to money we can afford to do without, it makes it look like some kind of gambling that is filled with so much risk that once the funds are put into it, it will be lost. Bitcoin might have its risky part but the risk is not as high as most of you make it look, like we are into some kind of gambling when we already know that holding just longer over some years makes the risk reduced.

I know people gainfully employed and are putting as much as 30% of their income into bitcoin and are holding thousands of dollars in bitcoin. The never started with the mindset that they want to lose such money rather they have the positive mindset that such money will become their leverage upon retirement, to enable them maintain their current lifestyle and even have something to give to their children and loved once. Investment in bitcoin is something serious that we should be intentional about because it can save the investor in the future.

[MainIbem]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

The bull run will never end so wait for the bear time and participate in the bull run, instead of panicking we have to wait and watch the market move. I think bitcoin investment should be for the long term, and future investors have the opportunity to make a big profit. Recently we have seen different market movements of Bitcoin where we can see a Bitcoin crossing around $70k and then falling back to $68k in a matter of hours. Again Bitcoin has almost crossed $72k, so avoid wallet balance check in dollars or invest for long term rather than short term investment and wait to win BTC $100k.

Don't wait to buy bitcoin during bear market alone, but keep it consistent using a DCA approach which has proven to be effective in both bear and bull markets. Steady accumulating bitcoin using a DCA is an important way stay in the market and build a your portfolio. As an investor with  a long-term aim bull and bear markets shouldn't be given much attentions but prioritizing and focusing on your accumulation in both seasons is a key factor for long-term investors.

I just want to add to your replies to Dorkylickjj, and what I have to say concerning his statement is that it depends on the coin the investor is buying, moreover I believe the main point of discussion is centered on Bitcoin since other coins are not very good for long-term purpose, well if the purpose of an investor is short-term then they should stay off Bitcoin and if the investors is thinking long-term then their's no point to wait for the dip to occur just to buy Bitcoin then take profits immediately their's an upsurge, Bitcoin investment is best for long-term and just like EclipseXcrypto has stated ( you don't wait for the dip to buy Bitcoin as an investor ) some people would be worried about the price and not having enough cash to buy BTC in bulk and hold in their Portfolio but that's why their's the DCA method to their rescue which enables not only rich investors but small ones who are not opportuned to buy in bulk at once to be able to accumulate over time and according to their financial capabilities, all they just have to do is find the most suitable interval that would enable them accumulate regularly over time and stick to the plan for as long as possible, investors should understand that their's no best season, cause both the bull and bear seasons are very important so far you're accumulating for long-term.