Buy Buy Buy or Sell Sell Sell?

[I_Anime]

Experienced people will never buy Bitcoin when the price is rising, they tend to wait for the price to drop and then buy and store it for a certain time to take big profits later. Therefore, in investing in Bitcoin, never FUD and FOMO and must be able to manage emotions so as not to get caught in big losses.

You just switch it up , only those that do not have good knowledge about Bitcoin (inexperience) will wait for the dip before accumulating. Because waiting for the dip before accumulating is more of trading style not holding or investing. Because only those that can not their Bitcoin, will always trade with , which is buying when the price low and selling when is high ( which is an inexperience motive ). Because a through experience investors will always focus on what is ahead not what they can make now, and to get there they have to purchase alot of stashes of Bitcoin inorder to hold. With knowing that if they focus on the dip alone it will only slow them down or they will endup missing out,  Because they understand the system of Bitcoin as an experience investors .

certain time to take big profits later. Therefore, in investing in Bitcoin, never FUD and FOMO and must be able to manage emotions so as not to get caught in big losses.

You can see that you speak more of a trader (short-term Investors ) than an investor (long-term investors). The reason is that you have involved your self with a lot of shitcoins which have generated this kind of mindset making to think , like Bitcoin is like those other coins though they may fall under the same term as digital assets, doesn't mean they have some potential, so if you continue with such mindset you won't be able to build better investment in bitcoin, because you focus more on short-term profits.

[Mayor of ogba]

Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed.

Why is learning to trade the most important thing?, why go through so much learning and critical thinking just to know trading when you can even use those moment to invest on Bitcoin, however like you explain, it takes years of learning technical analysis of Bitcoin, so let's say the number of years that will take to really understand it is 4 years, so this means that you have not achieved any Bitcoin in this number of years, so perhaps you can imagine the number of Bitcoin you would have accumulated within that four years if you had chosen to invest onBitcoin instead because if for instance you are using $30 weekly to invest on Bitcoin you would realize that in that 5years you would accumulated Bitcoin worth up to $7,826.79 instead of learning something that would still make you to lose on the process.

You're right here. I wonder why he would choose to go all through this stress and torment of learning trading when he can easily start an investment in just a few weeks of understanding Bitcoin investment. Most times I just see that a lot of people do not like their peace of mind. After seeing the experience of someone close to me who has gone through hell in trading. To date, it has been difficult for him to recover from the loss. Investing is better off than trading. It reduces the risk of losing our assets so quickly. The only time we may experience loss in investing in Bitcoin is when we sell at the wrong time or when the value of our asset has dropped. Even if the prices reduce a little it still returns back after some time and that is how the market was designed for.

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading or acquire the knowledge of trading very well for they involved in the trading, everything you are doing have a risk but when you know it well the risk will be reduced for you, investment can take off whatever you have, because you may think that it is nice step for you to follow instead of trading but you might end losing everything so it is better for you to understand it very well before you involve yourself in any of them both trading and investment

Since no man on planet earth can predict the price of bitcoin correctly, that makes it impossible for anyone to master trading; even those who claim they are very good with technical analysis also lose huge money in trading. Trading is too complex for someone to adopt; apart from technical analysis, you need to be able to know if there is news that will influence the price of bitcoin to dump so that you will not open trade at that time and save yourself from unexpected losses. And since it's difficult for someone to know all the principles that will guarantee success in trading, it will be better to invest in bitcoin for the long term and save yourself from the emotional damage that comes with trading.

[JayJuanGee]

Experienced people will never buy Bitcoin when the price is rising, they tend to wait for the price to drop and then buy and store it for a certain time to take big profits later. Therefore, in investing in Bitcoin, never FUD and FOMO and must be able to manage emotions so as not to get caught in big losses.

When you are just getting started, you likely are forced to buy at any price.. perhaps for a whole cycle, and maybe even for two cycles.

When you are just getting started, you might not really know if the price is rising or falling, so if you don't have any coin, then the ONLY way to prepare for UP is to buy some coin.  If you don't have any (or many) then you may well not be adequately prepared for up.

Long term HODLers (and BTC investors) might not preoccupy themselves with "taking profits," since that surely comes off as a trading term, yet if someone is bitcoin for a long then, his BTC portfolio has decently good chances of being in profits, and he ends up having more options in terms of selling, yet it can take 4-10 years or longer just to build up a decently sized bitcoin portfolio, so if someone is building his BTC portfolio, it may be best in his interest to just keep building up his BTC portfolio, whether he perceives the BTC prices to be going up or going down, and then perhaps after 4-10 years or longer reassess in terms of where he is at, whether he might want to change any of his strategies, and/or whether he might want to start to sell some of his bitcoin - which I would not consider to be taking profits, since why the fuck would someone want to spend 4-10 years or longer building up a BTC holdings and then to sell to either consume all of it or to get into some inferior investment?

[Jewan420]

Since no man on planet earth can predict the price of bitcoin correctly, that makes it impossible for anyone to master trading; even those who claim they are very good with technical analysis also lose huge money in trading. Trading is too complex for someone to adopt; apart from technical analysis, you need to be able to know if there is news that will influence the price of bitcoin to dump so that you will not open trade at that time and save yourself from unexpected losses. And since it's difficult for someone to know all the principles that will guarantee success in trading, it will be better to invest in bitcoin for the long term and save yourself from the emotional damage that comes with trading.

I don't like trading with my hard earned money at all. Because the possibility of loss here is very high. Trading with bitcoins is very risky, I would advise against trading with earned money in any kind of crypto.

Personally I am also with the trade. But I never spend money to trade or try to. I personally use 2 wallets to store coins, one with bitcoin investments and another with diversified shitcoins. But this shitcoin I never buy with money. Usually I use different mining applications to collect these shitcoins where no money and time is required. Many times I accumulate shitcoins by participating in various games. I can say that hoarding shitcoins is kind of a hobby of mine. I never review their prices, my main objective is to accumulate a variety of coins, if ever one of the coins skyrocket in price, I will make huge profits. Which I only get by holding coins. Here I have no regrets for loss, that is, there is no question of loss, because I have expended none of the labor and money. If it is profitable, I can certainly accept it.

The purpose of saying this is that if someone wants to trade (Bitcoin or Shitcoin) then he should not trade with money that he has earned through some labor and money. Never mix Bitcoin wallet and Shitcoin wallet together. Be confident in Bitcoin investing. If you have the hobby of accumulating shitcoins, then you can accumulate shitcoins with unnecessary money ($0.001-$1) or through mining. Sometimes different wallets give some coins for free, which are very small amount, it is possible to deposit different coins in exchange of these money. For example, if you participate in various games on Binance, you will be given various types of Shitcoins. It is possible to earn more shitcoins from there, as I do.

[Frankolala]

Experienced people will never buy Bitcoin when the price is rising, they tend to wait for the price to drop and then buy and store it for a certain time to take big profits later.

Buying at the dip will disappoint you because no one knows when the dip will cone and what if it does not come will you keep on waiting and wasting the time that you should have use to build your bitcoin investment as a new investor. Buying at the dip is just like you planted a crop and you didn't care about watering it regularly and adding manure to the soil to make your crop very productive, rather you decide to wait for rain to fall and water it. That crop will not grow well or might not survive in the early stage because it will lack some nutrients and stay water for proper growth.

This is how your bitcoin investment will be like when you are waiting for the dip. A new investor needs to buy regularly with DCA regularly to keep his bitcoin accumulation ongoing persistently and consistently so that you can reach your bitcoin target faster. It is just like planting a crop and you keeping on watering and adding fertilizer to it so that it grow fat and be very fruitful.

[reefsea]

When you are just getting started, you likely are forced to buy at any price.. perhaps for a whole cycle, and maybe even for two cycles.

When you are just getting started, you might not really know if the price is rising or falling, so if you don't have any coin, then the ONLY way to prepare for UP is to buy some coin.  If you don't have any (or many) then you may well not be adequately prepared for up.

Long term HODLers (and BTC investors) might not preoccupy themselves with "taking profits," since that surely comes off as a trading term, yet if someone is bitcoin for a long then, his BTC portfolio has decently good chances of being in profits, and he ends up having more options in terms of selling, yet it can take 4-10 years or longer just to build up a decently sized bitcoin portfolio, so if someone is building his BTC portfolio, it may be best in his interest to just keep building up his BTC portfolio, whether he perceives the BTC prices to be going up or going down, and then perhaps after 4-10 years or longer reassess in terms of where he is at, whether he might want to change any of his strategies, and/or whether he might want to start to sell some of his bitcoin - which I would not consider to be taking profits, since why the fuck would someone want to spend 4-10 years or longer building up a BTC holdings and then to sell to either consume all of it or to get into some inferior investment?

For beginners of course they don't have to think about the price when doing it for the first time because if the idea is implemented for the long term of course they will buy every time with DCA. If beginners measure profits quickly I think they don't understand how to invest properly because investing in bitcoin takes time to achieve satisfaction, either profit or satisfaction with Bitcoin ownership.

Indeed, there are some crazy ideas that are implemented by beginners because they want to have bitcoin quickly so that lump sum purchases become their idea. Although that is a fairly appropriate step, but if for the long term maybe it can be bought gradually because I noticed many good moments that can be utilized such as down 10%, down 8% and down 20%. So that opportunity can be used to buy aggressively.

[JayJuanGee]

When you are just getting started, you likely are forced to buy at any price.. perhaps for a whole cycle, and maybe even for two cycles.

When you are just getting started, you might not really know if the price is rising or falling, so if you don't have any coin, then the ONLY way to prepare for UP is to buy some coin.  If you don't have any (or many) then you may well not be adequately prepared for up.

Long term HODLers (and BTC investors) might not preoccupy themselves with "taking profits," since that surely comes off as a trading term, yet if someone is bitcoin for a long then, his BTC portfolio has decently good chances of being in profits, and he ends up having more options in terms of selling, yet it can take 4-10 years or longer just to build up a decently sized bitcoin portfolio, so if someone is building his BTC portfolio, it may be best in his interest to just keep building up his BTC portfolio, whether he perceives the BTC prices to be going up or going down, and then perhaps after 4-10 years or longer reassess in terms of where he is at, whether he might want to change any of his strategies, and/or whether he might want to start to sell some of his bitcoin - which I would not consider to be taking profits, since why the fuck would someone want to spend 4-10 years or longer building up a BTC holdings and then to sell to either consume all of it or to get into some inferior investment?

For beginners of course they don't have to think about the price when doing it for the first time because if the idea is implemented for the long term of course they will buy every time with DCA. If beginners measure profits quickly I think they don't understand how to invest properly because investing in bitcoin takes time to achieve satisfaction, either profit or satisfaction with Bitcoin ownership.

Indeed, there are some crazy ideas that are implemented by beginners because they want to have bitcoin quickly so that lump sum purchases become their idea. Although that is a fairly appropriate step, but if for the long term maybe it can be bought gradually because I noticed many good moments that can be utilized such as down 10%, down 8% and down 20%. So that opportunity can be used to buy aggressively.

I think that beginners will sometimes want to front-load their investment into bitcoin, and they can front load with a variety of tactics including DCA, lump sum and buying on dips, so there is not just one strategy, and surely anyone who has decent cashflow will have more options... and yeah a cashflow that potentially provides quite a bit of discretionary income too.

Otherwise, folks who do not have a lot of discretionary income are going to be more limited in the ways that they might be able to front load their investment, so perhaps the most that they can do is to invest 100% of their disposable income, yet i would not recommend investing 100% of disposable income unless there are various kinds of emergency funds and reserve funds available, since even the most standard and simple of budgets are likely to have some variability in terms of cash coming in and mostly non-discretionary expenses.

I have been doing some further thinking based on my thinking about Adam Simecka's comment in an interview, as I mentioned in my post from a couple of days ago (in this same thread).

Bitcoin is the kind of asset that you don't need to worry about selling.. just continue to buy at any price for maybe 4-10 years or longer and then reassess.

Actually I recently heard a podcast interview with Adam Simecka, and he recommended to try to get your situation so that you can live off of 50% of your income and then to buy bitcoin with the other 50% (presumptively at any price), and then he assessed that after 8 years you would be in a position to live off of your bitcoin.. which on the face seems somewhat reasonable and potential for guys who might be able to do some variation of that..p

I am starting to think that if you are able to figure out a way to live off of 50% of your income and you are able to invest into bitcoin for 10 years with 50% of your income invested into bitcoin, then that would mean that you had ended up investing right around 5 years of your income into bitcoin, and since you had already demonstrated that you are able to live off of 50% of your income, then after investing into bitcoin at that rate you have effectively reached fuck you status , and surely if bitcoin appreciates in value in any kind of meaningful way in those 10 years, then the timeline would become shorter. .For example if you had been investing into bitcoin for 5 years, and then bitcoin price all of a sudden doubled in the 6th year, then you may well have had reached fuck you status.  The main wrinkle that I would consider is that from my own perspective fuck you status has to be measured from valuations of BTC holdings based on the 200-WMA (which is a bottom price) rather than spot price, since it is difficult to rely upon spot prices not going down to 200-WMA levels from time to time.

I understand that being able to invest 50% of your income into bitcoin would likely be a challenging thing for a lot of people, and many normal folks would not be able to accomplish such, since there are so many folks who even fail/refuse to save/invest a mer e 10% of their income, which seems like it could be reasonable to accomplish 10% for a large number of normies.. even poor normies.

[Agbamoni]

I am starting to think that if you are able to figure out a way to live off of 50% of your income and you are able to invest into bitcoin for 10 years with 50% of your income invested into bitcoin, then that would mean that you had ended up investing right around 5 years of your income into bitcoin, and since you had already demonstrated that you are able to live off of 50% of your income, then after investing into bitcoin at that rate you have effectively reached fuck you status , and surely if bitcoin appreciates in value in any kind of meaningful way in those 10 years, then the timeline would become shorter. .For example if you had been investing into bitcoin for 5 years, and then bitcoin price all of a sudden doubled in the 6th year, then you may well have had reached fuck you status.  The main wrinkle that I would consider is that from my own perspective fuck you status has to be measured from valuations of BTC holdings based on the 200-WMA (which is a bottom price) rather than spot price, since it is difficult to rely upon spot prices not going down to 200-WMA levels from time to time.

I understand that being able to invest 50% of your income into bitcoin would likely be a challenging thing for a lot of people, and many normal folks would not be able to accomplish such, since there are so many folks who even fail/refuse to save/invest a mer e 10% of their income, which seems like it could be reasonable to accomplish 10% for a large number of normies.. even poor normies.

That is a brilliant and insightful idea from, Adam Semecka, and thanks for sharing that with us.

There is absolutely nothing wrong in treating 50% of our income as our salary while the other half is for investment, but this idea can fully be effective if the 50% is enough to cover the expenses for the month. If the income is huge then the idea will work effectively but if the investor barely invests 5% in his Bitcoin, then it shouldn't be an option for him. It will take so much willpower with low income to live off 50% but people can do it anyway. But hey, who says financial freedom will be easy? It's a gradual process. If living off 50% will be the secret weapon where discipline must be applied, then it is worth it. It's like having a secret high-yielding investment account that grows exponentially through the other 50% for 8 to 10 years.

And I simply like the 200-WMA. It's a smart metric to use for valuation currently. It will be safer that way, ensuring we are not overestimating our wealth based on temporary price spikes. Although it's not a foolproof indicator. The market can change at any time and past performance does not guarantee future results.

[AirtelBuzz]

There is absolutely nothing wrong in treating 50% of our income as our salary while the other half is for investment, but this idea can fully be effective if the 50% is enough to cover the expenses for the month. If the income is huge then the idea will work effectively but if the investor barely invests 5% in his Bitcoin, then it shouldn't be an option for him. It will take so much willpower with low income to live off 50% but people can do it anyway. But hey, who says financial freedom will be easy? It's a gradual process. If living off 50% will be the secret weapon where discipline must be applied, then it is worth it. It's like having a secret high-yielding investment account that grows exponentially through the other 50% for 8 to 10 years.

It is not a wrong idea to keep 50% of our income for our family expenses and the remaining 50% for investments. But currently the bad economic situation is affecting the people of different countries around the world. As a result of which the standard of living of the people has increased along with the demand and increase in their family consumption. Nowadays people have to spend most of what they earn due to high inflation.

One of our goals while investing in Bitcoin is to hold it for a long period of time be it 5 years, 8 years or 10 years. As we continue to invest for this long period, we must pledge not to sell any investments during this period. If a person invests 50% of his monthly income even if he sells the investment for his family financial needs, it may not be profitable at all. If a person is able to earn a lot and money then this method may work for him. I have been investing through DCA for a long time and vowed to allocate 50% of my earned salary to Bitcoin but haven't been able to do it yet, In the country where I live, the prices of everyday goods are high and the cost of living is high. As a result, even if I want to, I cannot invest with that amount of money, thinking that I do not have to sell the investment for my financial needs.

[BD User]

It is not a wrong idea to keep 50% of our income for our family expenses and the remaining 50% for investments. But currently the bad economic situation is affecting the people of different countries around the world. As a result of which the standard of living of the people has increased along with the demand and increase in their family consumption. Nowadays people have to spend most of what they earn due to high inflation.

Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income. The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same. As your income increases, so will your expenses. You may think that if a person earning $200 can meet demand with $150 then I will earn $2000 and meet demand with $150 then you are wrong. If your income is $2000, your demand will also increase to $1500. So I think investing with 50% of income is one of the most difficult decisions for both low income and high income individuals. Many times such a decision may force you to sell your investment at a loss.

[Sim_card]

It is not a wrong idea to keep 50% of our income for our family expenses and the remaining 50% for investments. But currently the bad economic situation is affecting the people of different countries around the world. As a result of which the standard of living of the people has increased along with the demand and increase in their family consumption. Nowadays people have to spend most of what they earn due to high inflation.

Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income. The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same. As your income increases, so will your expenses. You may think that if a person earning $200 can meet demand with $150 then I will earn $2000 and meet demand with $150 then you are wrong. If your income is $2000, your demand will also increase to $1500. So I think investing with 50% of income is one of the most difficult decisions for both low income and high income individuals. Many times such a decision may force you to sell your investment at a loss.

It can be possible for you to invest 50% of your salary in bitcoin and that depends on your monthly expenses based on the cost of your things in your area and the cost of apartment that you are living in. I could remember that I was saving upto 50% of my income in bitcoin not until a month ago that I relocated to a more civilized state compared to where I was staying that gave me the opportunity to save 50% of my income.

Since I just relocated down to this new state, I have to register my kids in a new school and it is more expensive than my former place and cost of transportation is high too. So I am still trying to balance myself and when I'm balanced, I will try to see if I can still be using 50% of my income to buy bitcoin because currently I am only using 25% since three weeks that I came here.

I was able to use 50% because my income increased gradually to an extent that I was used to spending a certain amount of my income regularly and as my income increased and my expenses didn't, I thought as much of using half of it to buy bitcoin. Initially when I started my bitcoin journey, I was using 10% to buy bitcoin and my monthly expenses was 80% but due to the increment in my income, it made the 80% of my expenses to become 40%, making me to have 60% as my discretionary income.

Inflation is another challenge that will be a problem for an investor to be able to invest 50% of his discretionary income because if your income doesn't increase with inflation, your discretionary income will reduce. It will be very quick for you to rich the fuck your status if 50% of your income can be invested in bitcoin for a long time, the rich are the ones that are capable or doing this easily.

[Ricardo11]

It is not a wrong idea to keep 50% of our income for our family expenses and the remaining 50% for investments. But currently the bad economic situation is affecting the people of different countries around the world. As a result of which the standard of living of the people has increased along with the demand and increase in their family consumption. Nowadays people have to spend most of what they earn due to high inflation.

Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income. The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same. As your income increases, so will your expenses. You may think that if a person earning $200 can meet demand with $150 then I will earn $2000 and meet demand with $150 then you are wrong. If your income is $2000, your demand will also increase to $1500. So I think investing with 50% of income is one of the most difficult decisions for both low income and high income individuals. Many times such a decision may force you to sell your investment at a loss.

I can't full agree with you on this, because if a person has a monthly income of $2000 then investing 50% may not be that difficult for them, if they are conscious of their spending and stop all waste, they can easily invest 50%. can

Similarly, if a person's monthly income is $500, then he can invest 50 percent. (In today's age every family has wasteful expenses, they spend money on things they don't need) If a family can completely stop those wasteful expenses and be aware of their monthly income and expenses, a person earning $500 a month can easily spend 50% of their income. That is, $250 can support his family. And the remaining 50% can be used for investment.

A $2000 earner and a $300 earner don't have the same monthly expenses, but they both have wasted spending, and in that wasted spending they lose a lot of money that could have kept their family going for another week. In today's era, the minimum income of an employee is $300, and 50% of his income is $150. In our country, a family can easily survive for a month with $150. However, he must be sustainable to invest 50%, through proper budgeting and conscious spending.

I believe a person earning $300 can easily save 50% of his income i.e. $150 with a little effort, and if he starts investing regularly in DCA at that rate then in next 8 to 10 years i.e. next 2 to 3 cycle of Bitcoin After he will definitely be able to go to a much bigger stage.

[MainIbem]

Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income. The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same. As your income increases, so will your expenses. You may think that if a person earning $200 can meet demand with $150 then I will earn $2000 and meet demand with $150 then you are wrong. If your income is $2000, your demand will also increase to $1500. So I think investing with 50% of income is one of the most difficult decisions for both low income and high income individuals. Many times such a decision may force you to sell your investment at a loss.

I can't full agree with you on this, because if a person has a monthly income of $2000 then investing 50% may not be that difficult for them, if they are conscious of their spending and stop all waste, they can easily invest 50%. can

Similarly, if a person's monthly income is $500, then he can invest 50 percent. (In today's age every family has wasteful expenses, they spend money on things they don't need) If a family can completely stop those wasteful expenses and be aware of their monthly income and expenses, a person earning $500 a month can easily spend 50% of their income. That is, $250 can support his family. And the remaining 50% can be used for investment.

A $2000 earner and a $300 earner don't have the same monthly expenses, but they both have wasted spending, and in that wasted spending they lose a lot of money that could have kept their family going for another week. In today's era, the minimum income of an employee is $300, and 50% of his income is $150. In our country, a family can easily survive for a month with $150. However, he must be sustainable to invest 50%, through proper budgeting and conscious spending.

I believe a person earning $300 can easily save 50% of his income i.e. $150 with a little effort, and if he starts investing regularly in DCA at that rate then in next 8 to 10 years i.e. next 2 to 3 cycle of Bitcoin After he will definitely be able to go to a much bigger stage.

I understand your point infact investing 50% of one's income and keeping the remaining 50% for their family expenses is not a bad idea but their are certain things you'll need to consider before making such decision. For instance when their's inflation, someone who normally do 50/50 on investment and expenses would need to adjust cause at that point their family's demand would increase based on the cost of living that is prices of goods and food items during that period so adjusting from 50/50 to 60/40 or 70/30 if need be is not a bad idea, that is 60% for family expenses and 30% for investment, the person can still readjust when things get normal and so far they continue with the DCA Method, I don't think adjusting their investment budget won't really be an issue to their investment plan since they're still doing it periodically overtime and can still readjust back when the economy gets back to normal. Another thing to consider is the size of the family, if the size of the family won't affect the person's income when the split 50/50 then it's fine but when the family size start getting larger to a point that the income can contain splitting 50/50 then they person would also need to consider adjusting as well.

[sotelorene]

It is not a wrong idea to keep 50% of our income for our family expenses and the remaining 50% for investments. But currently the bad economic situation is affecting the people of different countries around the world. As a result of which the standard of living of the people has increased along with the demand and increase in their family consumption. Nowadays people have to spend most of what they earn due to high inflation.

Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income. The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same. As your income increases, so will your expenses. You may think that if a person earning $200 can meet demand with $150 then I will earn $2000 and meet demand with $150 then you are wrong. If your income is $2000, your demand will also increase to $1500. So I think investing with 50% of income is one of the most difficult decisions for both low income and high income individuals. Many times such a decision may force you to sell your investment at a loss.

Your are absolutely correct but in addition I don't really think the percentage of what we use to invest do matter but what matters is capacity, can we be able to handle our expenses after using some percentage for investment. In as much as using a high percentage of our income to invest is good, because of the outcome we are going to get and also save time for accumulation we should know expenses can never be planned all because there will always be an unexpected expenses. just like I said earlier it's not a bad idea to invest with huge amount of our income but capacity matters.

[Jewan420]

I can't full agree with you on this, because if a person has a monthly income of $2000 then investing 50% may not be that difficult for them, if they are conscious of their spending and stop all waste, they can easily invest 50%.

I think everyone is right from their point of view here. If we are realistic we can see that among earners there are different types of spenders. For an individual, who is unmarried and has no one else fully dependent, it is possible to invest 50% or more and most are easy. He has people to help him in times of trouble.


Another person, who is married and on whom a household is wholly or mostly dependent, is almost impossible to invest 50%. No matter how high your income is, you cannot afford to spend half of your income on investments when you have household responsibilities. You can say stop waste you can spend 50% of income on investment, I say when you have small children and old people in your family you are bound to waste what you say. Keep in mind that you will understand what is waste and what is necessary but not everyone in your family will. Another thing is that you have to be prepared for unexpected accidents of all family members which is not applicable for singles.

There is another earner who is almost old and has established son/daughter. Even he has not yet retired from the job. Most of the time, more than 50% of the earned money of such a person can be spent on investments. Because his family and his expenses are fully borne by his son/daughter. In reality, the Aman family is rarely seen.

So determining a person's position whether you can invest 50% of your income or not. While it is possible for the first and third persons mentioned, I find it very challenging to do so for the second person. While 1st person justice is seen in practice, 3rd person justice is rarely seen.

[Odohu]

I can't full agree with you on this, because if a person has a monthly income of $2000 then investing 50% may not be that difficult for them, if they are conscious of their spending and stop all waste, they can easily invest 50%.

I think everyone is right from their point of view here. If we are realistic we can see that among earners there are different types of spenders. For an individual, who is unmarried and has no one else fully dependent, it is possible to invest 50% or more and most are easy. He has people to help him in times of trouble.

I don't think all of them can be right in that contest because allocating @Ricardo11 made a comment that is vague and somehow contradictory to what you said. He did not give conditions that will make someone who earns $2000 to invest 50% in Bitcoin like you try to give rather he is looking at the amount and not considering the responsibilities attached to the money. There are countries where monthly rent is as high as $500 which when removed from the $2000 will mean the investor will be left with $500  to cover for every other thing including food, transportation, medicine etc and is still expected to set aside emergency funds. How will it be possible to invest $50% under this condition?

I feel that the percentage will always vary per individual based on what we are comfortable with and what will give us the needed peace of mind that will not put us under any pressures to sell

[Shadiq]

I don't think all of them can be right in that contest because allocating @Ricardo11 made a comment that is vague and somehow contradictory to what you said. He did not give conditions that will make someone who earns $2000 to invest 50% in Bitcoin like you try to give rather he is looking at the amount and not considering the responsibilities attached to the money. There are countries where monthly rent is as high as $500 which when removed from the $2000 will mean the investor will be left with $500  to cover for every other thing including food, transportation, medicine etc and is still expected to set aside emergency funds. How will it be possible to invest $50% under this condition?

I feel that the percentage will always vary per individual based on what we are comfortable with and what will give us the needed peace of mind that will not put us under any pressures to sell

Investing the entire amount remaining after meeting the requirements can be a fool's errand. Many have mentioned that it is possible to stop wastage and invest 50% of the income to meet the needs and 50% of the income. But I think there is currently no country where 50% of income can meet demand. Although possible, you cannot repeat it. You may invest once or twice with 50% of your income and the remaining 50% to meet your needs. Still you have to make more sacrifices. Investing One of the hallmarks of successful Bitcoin investing is investing with junk money. Which is to invest money that is left over from your income after meeting your normal needs and that you will not need in the future. Summary - No % matters in investing, rather invest with what you can afford. I don't think this matter should be argued further.

[Salahmu]

Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income.

Yeah sometimes it could be very challenging for someone to use there 50% monthly salary on there Bitcoin investment but however looking at the brighter side of it it could be a very nice idea if someone could use there 50% monthly on Bitcoin because it could even help to facilitate the accumulation process but if only the investors will have the conviction of achieving there investment goal using that method they would be motivated and consistently sticking to that methods, so actually is really not a bad idea because determination is just one of the things you need because it will enable you to make use of the remaining 50% very judiciously so that you Will not run out of funds, although is not every investors that can use there 50% on investment because of there pattern of spending.

The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same.

On the contrary there are some situations were the demand or rather the needs of someone who earns $200 monthly will be even more higher than the person who earns $2k on a monthly basis so don't misunderstand that because responsibility differs, so it doesn't necessarily mean that a higher earners has more needs than the smaller earners, so it all depends on the responsibility or rather things they engage themselves into.

[Justbillywitt]

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading or acquire the knowledge of trading very well for they involved in the trading, everything you are doing have a risk but when you know it well the risk will be reduced for you,

There is nothing special about trading that should make someone prefer trading over holding Bitcoin. No matter how you try to paint it. Majority of the people that are involved in trading don't actually understand the potential in Bitcoin, because if they do they won't be gambling with their Bitcoin. Even the pros that are into trading that fully understand the rules and regulations of trading still get liquidated. So you are not safe from the high risk that's associated with trading, no matter the level of knowledge you have about it.

investment can take off whatever you have, because you may think that it is nice step for you to follow instead of trading but you might end losing everything so it is better for you to understand it very well before you involve yourself in any of them both trading and investment

When you invest in Bitcoin for long term, the possibility of you losing everything is almost zero. The highest risk that's involved in holding Bitcoin for long is that Bitcoin price will get to zero, and you and I know very well that it will take a whole lot before Bitcoin can get to zero price level. Even when the price goes down it will definitely come up again over time. But you don't have this guarantee of recovering your money in trading once you are liquidated. You can't compare the risk between long term hold and trading. In trading you don't have a second chance of recovering your money once liquidated, but in long term hold, you can always recover your money in the bullish season if you portfolio goes down during the bearish season.

[Promocodeudo]

It is not a wrong idea to keep 50% of our income for our family expenses and the remaining 50% for investments. But currently the bad economic situation is affecting the people of different countries around the world. As a result of which the standard of living of the people has increased along with the demand and increase in their family consumption. Nowadays people have to spend most of what they earn due to high inflation.

Managing investments with 50% of salary will be the most difficult task and can be risky. Whether your income is low or high, your expenses will be determined based on your income. The demand of a person earning $200 a month and the demand of a person earning $2000 will not be the same. As your income increases, so will your expenses. You may think that if a person earning $200 can meet demand with $150 then I will earn $2000 and meet demand with $150 then you are wrong. If your income is $2000, your demand will also increase to $1500. So I think investing with 50% of income is one of the most difficult decisions for both low income and high income individuals. Many times such a decision may force you to sell your investment at a loss.

I can't full agree with you on this, because if a person has a monthly income of $2000 then investing 50% may not be that difficult for them, if they are conscious of their spending and stop all waste, they can easily invest 50%. can

Similarly, if a person's monthly income is $500, then he can invest 50 percent. (In today's age every family has wasteful expenses, they spend money on things they don't need) If a family can completely stop those wasteful expenses and be aware of their monthly income and expenses, a person earning $500 a month can easily spend 50% of their income. That is, $250 can support his family. And the remaining 50% can be used for investment.

A $2000 earner and a $300 earner don't have the same monthly expenses, but they both have wasted spending, and in that wasted spending they lose a lot of money that could have kept their family going for another week. In today's era, the minimum income of an employee is $300, and 50% of his income is $150. In our country, a family can easily survive for a month with $150. However, he must be sustainable to invest 50%, through proper budgeting and conscious spending.

I believe a person earning $300 can easily save 50% of his income i.e. $150 with a little effort, and if he starts investing regularly in DCA at that rate then in next 8 to 10 years i.e. next 2 to 3 cycle of Bitcoin After he will definitely be able to go to a much bigger stage.

I really comprehend the point you are trying to prove, I want you to understand that its not about investing 50% of your weekly or monthly income that matters, the thing is can you maintain the 50% continuously, as a smart investor that has a long-term mindset you should be wise enough to take sustainable decisions in other not to be stressed or pressured along the line, I want you to understand that no matter how disciplined you are in financial aspect, sudden expenses are inevitable.
It will be better for an investor to use either 30%  or at most 35% of his monthly or weekly income to invest to avoid unnecessary pressure because I believe that apart from your investment there are other things you must attend to, there are somethings that discipline can not solve, what you need is to be calculative in other not make mistakes, as an investor you don't need to make things difficult for yourself, the DCA method have made it so easy for us and for that I don't think that it is necessary for us to create unnecessary burden for ourself when we can actually apply a good investment strategy that's capable of helping us to achieve our investment goals gradually overtime.

Most times our problem as investors is lack of plan, you don't just invest 50% of your income just because you want to be fast in accumulating your Bitcoin without considering the unexpected financial problems that may like come, your way once you start the accumulation process, lets not forget that the higher you earn the higyer your expenses, so for me I think using 30% or 35% of your earnings monthly or weekly for your bitcoin investment is  better to enable you Carter for other essential needs.