Buy Buy Buy or Sell Sell Sell?

[avp2306]

I totally understand your point that someone cannot judge or jump into something they know nothing about. It's good to ask, learn, and also make your own research to know more about what you're about to step into, because when the bitcoin market is volatile and you don't know how it works, it may end up as a financial risk.

Now everyone who has curiosity and wants to learn something more useful like Bitcoin is no longer difficult because besides being able to find references on the internet themselves, you can also ask directly on this forum and also to people who are already quite experienced with Bitcoin. Currently you can also buy Bitcoin with funds that you can use in the market because it will not make you regret it, especially now that we are all in a better condition with the potential for price increases that can still happen again at the end of this year.

Bitcoin is easy to learn now compare before. Since there's already lot of discussions happened and information shared that's why there's no really excuse for people to learn more about bitcoin. If they just want to slip those information its because they want to get spoon feed by people then expect that there's nothing to happen with those guys.

If they research about bitcoin for sure that they will be redirected in this forum and with that for sure they would get a fresh start then ask about something that bothers their mind. To many ways to buy bitcoin using fiat so again there's no excuse for people to start their bitcoin investment journey. That's why I expect that more people will get involve with it each year pass since bitcoin has became more accessible to people globally.

[JayJuanGee]

Aggressively is aggressively
There's nothing like over doing it and under doing it.
If you invest aggressively it would help get to your Bitcoin target faster or slower is two ways.

Ambatman I guess you are missing something here, when people talks about investing aggressively, it comes in two forms which are this two below, this is my own definition or explanation of aggressivenes:
1. Overdoing aggressive investment: this simply means when an investor increase his bitcoin accumulation process from the initial regular amount to a new amount without considering the size of his discretion and may be financially distablized as a result of lack of planning. maybe his salary is $200 and he often invest $20 weekly making it $80 per month. He now decide to increase from the initial weekly $20 to $30 weekly making it $120 in a month without considering the effect it will cause him just because he want to increase his bitcoin portfolio, so surely he is overdoing it. Because the remaining $80 may not be capable to handle all
2. Underdoing aggressive investment: may simply means a normal way of investing without overdoing it. Just an opposite explanation. You may still increase your investment process without being affected in this category.

[edited  - to fix mistakes in previous quotes?]

Buying Aggressively is not greediness it depends on the condition at which you bought. If you buy when you have a reasonable or sizable amount in your discretion and not being affected it is not greediness but when you decide to buy agresively without a reasonable amount in your discretion it becomes greediness and stupidity.

Yes it is true one can buy bitcoin agressively without it having a negative impact on the investor   morespecially if the investor have good discretionary income ,just like what the whales and meta planet did by  accumulating bitcoin aggressively since they have what it takes, these companies has moved a larger part of there treasury into bitcoin investment.so accumulating bitcoin aggressively will only have a negative  effects on the investor when the investor doesn't have a good amount in his descrition.

Personally I consider the classification of aggressive investing to be product of what portion of your discretionary income you use to invest into bitcoin rather than if you have a lot of discretionary income.

Of course, it should be obvious that the higher discretionary income a person has, then the more that person can invest into bitcoin, yet the mere fact that a person has a high discretionary income is not telling us anything in regards to his level of aggressiveness.

Let's say that person A has a discretionary income of $1k per month and he chooses to invest $900 per month into bitcoin, and person B has a discretionary income of $10k and he chooses to invest $4k per month into bitcoin.  I would argue that person A is being more aggressive than person B, even though person B is investing more into bitcoin, yet relative to his discretionary income, he is just investing a medium amount.  Sure person B is not being whimpy.. but he is not being as aggressive as person A in regards to his bitcoin investment.

Anyhow, my point in terms of describing aggressiveness or not aggressive would be to look at how much discretionary income is being used to invest into bitcoin (as a kind of percentage) rather than as an absolute quantity... and by the way if person B was ONLY investing around $1,000 to $1,500 per month into bitcoin, we might even label him as whimpy, even though he would be investing more into bitcoin than person A who is ONLY investing $900 per month into bitcoin.

[asarfiar]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

Holding Bitcoin for a long period has been a criterion for most investors and I fully agree with that. Quick returns can only be short term and I won't call invested. Perhaps such an individual who partakes in trading or short-term gains rarely becomes wealthy. Any business or investment at an early stage is meant to be nurtured to grow. If hasn't grown then withdrawing from it is wrong as the investment will have stunted growth. Apart from believe, there are things that are the norms and the best approach to our investment. Even if some folks don't belive in it they should understand what they are into and follow the right part.

The investment period varies, such as you can invest short-term or long-term. If you invest for a long time, you will get comparatively higher dividends than short-term investments. So we can invest in Bitcoin for a long time by adopting the (DCA) method which gives us the possibility of getting high dividends in the future.
People usually invest considering their personal needs, achieving some goals, interests. However, keeping some things in mind, just as long-term investments can yield higher dividends, the possibility of losses is also reduced to a large extent compared to short-term investments. For this, you need to understand which holding period is suitable for you and invest.

It can be said without a doubt that long-term investments are different from short-term investments and short-term invested assets are likely to be sold within a short period of time. If we invest in Bitcoin for the long term through the (DCA) method, we can get a high return, which is absolutely not possible in short-term investments.

[Frankolala]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

Holding Bitcoin for a long period has been a criterion for most investors and I fully agree with that. Quick returns can only be short term and I won't call invested. Perhaps such an individual who partakes in trading or short-term gains rarely becomes wealthy. Any business or investment at an early stage is meant to be nurtured to grow. If hasn't grown then withdrawing from it is wrong as the investment will have stunted growth. Apart from believe, there are things that are the norms and the best approach to our investment. Even if some folks don't belive in it they should understand what they are into and follow the right part.

The investment period varies, such as you can invest short-term or long-term. If you invest for a long time, you will get comparatively higher dividends than short-term investments. So we can invest in Bitcoin for a long time by adopting the (DCA) method which gives us the possibility of getting high dividends in the future.
People usually invest considering their personal needs, achieving some goals, interests. However, keeping some things in mind, just as long-term investments can yield higher dividends, the possibility of losses is also reduced to a large extent compared to short-term investments. For this, you need to understand which holding period is suitable for you and invest.

It can be said without a doubt that long-term investments are different from short-term investments and short-term invested assets are likely to be sold within a short period of time. If we invest in Bitcoin for the long term through the (DCA) method, we can get a high return, which is absolutely not possible in short-term investments.

Short term investment in bitcoin is considered as trading/gambling because, you are gambling with your future instead of saving for your future with long-term bitcoin investment and hodli for long and the possibilities of running at loss is high. A new investor should consider investing in bitcoin for short term because what will he benefit in using some time to accumulate bitcoin and sell it because of little profit, he will not be able to accumulate such quantity of bitcoin again at the rate he bought.

This is why one should protect his bitcoin investment from depreciating, but rather increase it in size always as a new investor through weekly DCA for 4-10 years and above. It has been confirmed that long-term investors with good size of portfolios will always be in big profits compared to traders because their bitcoin size will never increase, no matter the profits they make because they will sell back and start all over again. Bitcoin investment ia for long-term and not short-term. Infact apart from bitcoin investment, no investment is short-term because it means that it is not an investment, since investment needs long time for them to flourish well.

[Antonil]

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

Holding Bitcoin for a long period has been a criterion for most investors and I fully agree with that. Quick returns can only be short term and I won't call invested. Perhaps such an individual who partakes in trading or short-term gains rarely becomes wealthy. Any business or investment at an early stage is meant to be nurtured to grow. If hasn't grown then withdrawing from it is wrong as the investment will have stunted growth. Apart from believe, there are things that are the norms and the best approach to our investment. Even if some folks don't belive in it they should understand what they are into and follow the right part.

The investment period varies, such as you can invest short-term or long-term. If you invest for a long time, you will get comparatively higher dividends than short-term investments. So we can invest in Bitcoin for a long time by adopting the (DCA) method which gives us the possibility of getting high dividends in the future.
People usually invest considering their personal needs, achieving some goals, interests. However, keeping some things in mind, just as long-term investments can yield higher dividends, the possibility of losses is also reduced to a large extent compared to short-term investments. For this, you need to understand which holding period is suitable for you and invest.

It can be said without a doubt that long-term investments are different from short-term investments and short-term invested assets are likely to be sold within a short period of time. If we invest in Bitcoin for the long term through the (DCA) method, we can get a high return, which is absolutely not possible in short-term investments.

Short-term investments incur direct losses and do not share losses. Because, in forum parlance short term investment is called trading/gambling. Bitcoin is not a traditional trading side where this person can profit/earn every second. This is why investing in Bitcoin should not be called trading unless you have a complete understanding of it. You, I don't usually have a high profile. But if we apply the DCA method of the week, we all have a large portfolio. Which may be useful in your future.
Bitcoin has no fixed holding period. The most volatile market is the Bitcoin market. It should be invested according to your means. Bitcoin will automatically find your holding period.

Short-term invested assets are sold within a short period of time. As a result, you get very depressed. So focus on long term investment rather than short term.

[Jewan420]

The investment period varies, such as you can invest short-term or long-term. If you invest for a long time, you will get comparatively higher dividends than short-term investments. So we can invest in Bitcoin for a long time by adopting the (DCA) method which gives us the possibility of getting high dividends in the future.
People usually invest considering their personal needs, achieving some goals, interests. However, keeping some things in mind, just as long-term investments can yield higher dividends, the possibility of losses is also reduced to a large extent compared to short-term investments. For this, you need to understand which holding period is suitable for you and invest.

Investment means long term. If you call short term investment as investment here then you would be slightly wrong. We never look at short term investment as an investment, we consider it as trading. You sound a bit like a trader here.

It would be wrong to say that the purpose of investment is not to earn profit. We never want to do anything without profit. But as you said long term investment yield is higher than short term investment/trading. The main objective of us long term investors to hold investments is to accumulate more amount as well as take some profit. But you are more guaranteed of profit in long term investment. If you are planning to be a long term investor then focus on consistent buying rather than focusing on short term investment/trading and long term investment profits and definitely plan and commit to be long term.

[dunfida]

The investment period varies, such as you can invest short-term or long-term. If you invest for a long time, you will get comparatively higher dividends than short-term investments. So we can invest in Bitcoin for a long time by adopting the (DCA) method which gives us the possibility of getting high dividends in the future.
People usually invest considering their personal needs, achieving some goals, interests. However, keeping some things in mind, just as long-term investments can yield higher dividends, the possibility of losses is also reduced to a large extent compared to short-term investments. For this, you need to understand which holding period is suitable for you and invest.

Investment means long term. If you call short term investment as investment here then you would be slightly wrong. We never look at short term investment as an investment, we consider it as trading. You sound a bit like a trader here.

It would be wrong to say that the purpose of investment is not to earn profit. We never want to do anything without profit. But as you said long term investment yield is higher than short term investment/trading. The main objective of us long term investors to hold investments is to accumulate more amount as well as take some profit. But you are more guaranteed of profit in long term investment. If you are planning to be a long term investor then focus on consistent buying rather than focusing on short term investment/trading and long term investment profits and definitely plan and commit to be long term.

And everything would really be that entirely be depending or basing up into someones preference when it comes into this aspect.We do really know that not all would really be pursuing or trying out to achieve that long term holds and seeing their profits or reaping out for how many years but rather they would really be preferring on something that they could be able to get on just few days or even weeks in maximum. Just like on what you had elaborated that things could really be considered neither long term and short term approach but we do know that short term approach does really needed up that skill for you to have.

There are people who do have that much more risks tolerance or simply being takers and thats why they will really be coming up with this option and wont really be trying out to hold for long term because they are really just that simple being impatient. Some do divide out their portfolio basing up into their risks management on which they do have that for short term allocation and there are also for long term.
There would really be those who do both things and there are ones who do really focuses out on one side. Just like been said that everything will be that matters on your preference and
your interest because you wouldnt be choosing it out if you werent that sure about it.

[Ambatman]

Edited..

Typed a reply some days ago
Just found out i didn't send it and definitely can make same  but would like to highlight some things.
First where did you get the idea that I trade
Check and try and understand what I posted
And second mentioning trade isn't off topic.
I was trying to explain my view and how aggressive investing could lead to a trading mindset
But I guess checking some reply's Now I realised there could be levels to aggressiveness.
Though I stated before that it still boils to the investor capabilities.

And everything would really be that entirely be depending or basing up into someones preference when it comes into this aspect.We do really know that not all would really be pursuing or trying out to achieve that long term holds and seeing their profits or reaping out for how many years but rather they would really be preferring on something that they could be able to get on just few days or even weeks in maximum. Just like on what you had elaborated that things could really be considered neither long term and short term approach but we do know that short term approach does really needed up that skill for you to have.

Well there are individuals that don't understand the benefit of long term
One of them is the effect of inflation
Rather than keeping money in fiat to slowly deteriorate why not keep as an asset that wouldn't just mitigate this but appreciate in value.
The possibility of Been a nocoiner is high when one is more focused on the short time frame.
Well most times people pick this because they feel they are 'smart'.

[ginsan]

And everything would really be that entirely be depending or basing up into someones preference when it comes into this aspect.We do really know that not all would really be pursuing or trying out to achieve that long term holds and seeing their profits or reaping out for how many years but rather they would really be preferring on something that they could be able to get on just few days or even weeks in maximum. Just like on what you had elaborated that things could really be considered neither long term and short term approach but we do know that short term approach does really needed up that skill for you to have.

There are people who do have that much more risks tolerance or simply being takers and thats why they will really be coming up with this option and wont really be trying out to hold for long term because they are really just that simple being impatient. Some do divide out their portfolio basing up into their risks management on which they do have that for short term allocation and there are also for long term.
There would really be those who do both things and there are ones who do really focuses out on one side. Just like been said that everything will be that matters on your preference and
your interest because you wouldnt be choosing it out if you werent that sure about it.

Actually, if someone wants to change themselves into a holder, rather than being on two sides between trading or short-term investment. The approach to becoming a holder must be in themselves and not because of the encouragement of others, because if they have made up their minds for the long term, they will not fall in love with short-term profits or will not panic if the BTC price is corrected.

For that, there are many things that investors must learn so that they can straighten their intentions to choose decisions for long-term investment. First, maybe regret from the bad things they have done before, namely selling quickly and that is a good option for investors to reverse their position to invest for the long term.

[cryptoWODL]

It can be said without a doubt that long-term investments are different from short-term investments and short-term invested assets are likely to be sold within a short period of time.

When you mention short term investment and long term investment it should be understood that investment is never short term. What you mentioned as short term investment is trading. Trading is short-term whereas investing lasts for a minimum of four years or up to five years.

If we invest in Bitcoin for the long term through the (DCA) method, we can get a high return, which is absolutely not possible in short-term investments.

Among the various investment strategies, investing through the DCA strategy is the most accessible approach for investor. But before starting to invest in this way an investor should acquire some knowledge about Bitcoin so that he can buy Bitcoin properly and hold it for a long time. In terms of long-term bitcoin investing i.e. holding long-term bitcoins you should observed to this post which was done in 2013;

I AM HOLDING

[Barikui1]

It can be said without a doubt that long-term investments are different from short-term investments and short-term invested assets are likely to be sold within a short period of time.

When you mention short term investment and long term investment it should be understood that investment is never short term. What you mentioned as short term investment is trading. Trading is short-term whereas investing lasts for a minimum of four years or up to five years.

If we invest in Bitcoin for the long term through the (DCA) method, we can get a high return, which is absolutely not possible in short-term investments.

Among the various investment strategies, investing through the DCA strategy is the most accessible approach for investor. But before starting to invest in this way an investor should acquire some knowledge about Bitcoin so that he can buy Bitcoin properly and hold it for a long time. In terms of long-term bitcoin investing i.e. holding long-term bitcoins you should observed to this post which was done in 2013;

I AM HOLDING

Yea, I think you are actually right and I also share the same sentiment as you bro, their is nothing as short term investment, it's either you are a long term investor or you are a trader, just as you have rightfully said, those set's of people buying Bitcoin and selling at every price increments and be taking small small profit are just traders and on the longer run they can't achieve something extraordinary like a long term investor in Bitcoin.
So in essence of what am trying to say is that being a trader is a total different thing to a being an investor, and we shouldn't confused a trader that takes small small profit to an investor that is actually holding for long term purpose, because a traders benefits is no were near the potential benefit of an investor in like 10 to 20 years time from now.

[SuperBitMan]

And everything would really be that entirely be depending or basing up into someones preference when it comes into this aspect.We do really know that not all would really be pursuing or trying out to achieve that long term holds and seeing their profits or reaping out for how many years but rather they would really be preferring on something that they could be able to get on just few days or even weeks in maximum. Just like on what you had elaborated that things could really be considered neither long term and short term approach but we do know that short term approach does really needed up that skill for you to have.

There are people who do have that much more risks tolerance or simply being takers and thats why they will really be coming up with this option and wont really be trying out to hold for long term because they are really just that simple being impatient. Some do divide out their portfolio basing up into their risks management on which they do have that for short term allocation and there are also for long term.
There would really be those who do both things and there are ones who do really focuses out on one side. Just like been said that everything will be that matters on your preference and
your interest because you wouldnt be choosing it out if you werent that sure about it.

Actually, if someone wants to change themselves into a holder, rather than being on two sides between trading or short-term investment. The approach to becoming a holder must be in themselves and not because of the encouragement of others, because if they have made up their minds for the long term, they will not fall in love with short-term profits or will not panic if the BTC price is corrected.

For that, there are many things that investors must learn so that they can straighten their intentions to choose decisions for long-term investment. First, maybe regret from the bad things they have done before, namely selling quickly and that is a good option for investors to reverse their position to invest for the long term.

Before a person can be fully involve in long term Bitcoin investment he or she must first build a high Level of patience because the key to long term Bitcoin investment is being patient and also having a good source of income.
Now without this two things I just mentioned is impossible to hodl for long, when you don't have patience there's no way you will leave your Bitcoin in your wallet without dipping hands into it and if you don't have a source of income surly you will be in need of money and since you don't have any source of income you will dip hands into your Bitcoin and solve the financial issues you have.
Those who are involve in short term Bitcoin investment may either have one of this two and don't have the other and that's why they are involved or stoping short term Bitcoin investment is difficult for them.
So before a person can hodl for a long term he or she must have patience and a good source of income without these two things changing to a Holder will be difficult or impossible.

[Cryptoprincess101]

Before a person can be fully involve in long term Bitcoin investment he or she must first build a high Level of patience because the key to long term Bitcoin investment is being patient and also having a good source of income.
Now without this two things I just mentioned is impossible to hodl for long, when you don't have patience there's no way you will leave your Bitcoin in your wallet without dipping hands into it and if you don't have a source of income surly you will be in need of money and since you don't have any source of income you will dip hands into your Bitcoin and solve the financial issues you have.

The ability for an investor to exercise a lot of patience why hodling is dependent on the level of in-flow of money and how consistent it comes and if there are plans on how to manage the income such that the discretionary amount being invested cannot be tampered with since provisions has already been made about any unexpected and unforseen expenses that may come up in the future. If a hodler must maintain a high patient level during their time of investment then they must make sure that they are strict and disciplined enough not to mismanage funds for emergency needs and shouldn't also rely on one source of income, there is need to be versatile and have alternative sources of income.

[Barikui1]

And everything would really be that entirely be depending or basing up into someones preference when it comes into this aspect.We do really know that not all would really be pursuing or trying out to achieve that long term holds and seeing their profits or reaping out for how many years but rather they would really be preferring on something that they could be able to get on just few days or even weeks in maximum. Just like on what you had elaborated that things could really be considered neither long term and short term approach but we do know that short term approach does really needed up that skill for you to have.

There are people who do have that much more risks tolerance or simply being takers and thats why they will really be coming up with this option and wont really be trying out to hold for long term because they are really just that simple being impatient. Some do divide out their portfolio basing up into their risks management on which they do have that for short term allocation and there are also for long term.
There would really be those who do both things and there are ones who do really focuses out on one side. Just like been said that everything will be that matters on your preference and
your interest because you wouldnt be choosing it out if you werent that sure about it.

Actually, if someone wants to change themselves into a holder, rather than being on two sides between trading or short-term investment. The approach to becoming a holder must be in themselves and not because of the encouragement of others, because if they have made up their minds for the long term, they will not fall in love with short-term profits or will not panic if the BTC price is corrected.

For that, there are many things that investors must learn so that they can straighten their intentions to choose decisions for long-term investment. First, maybe regret from the bad things they have done before, namely selling quickly and that is a good option for investors to reverse their position to invest for the long term.

Those who are involve in short term Bitcoin investment may either have one of this two and don't have the other and that's why they are involved or stoping short term Bitcoin investment is difficult for them.

Bro to be honest here, their is nothing as short term Bitcoin investment, it's either you are a trader that sells for minimal gains or you are a long term holder, which is the ideal Bitcoin investment, then on the aspect of someone being forced to sell off his or her holdings, it's because he was ill prepared, their was no better source of income or and emergency funds in place, so as to survive the rainy days.
In a situation like that, it's lack of proper knowledge on what it entails to invest in Bitcoin and be able to hold successfully that he or she lacks.

So in essence of all am trying to say is that in Bitcoin investment, their is nothing as short term investment, it's either you are a trader or you are a long term holder, but lack of knowledge on how to hold successfully have made so many investors deviate from their initial intention of buying and holding Bitcoin for long term purpose, to selling at a loss or for minimal gains because they don't have a good source of income or  an emergency funds to sustain them during the rainy days.

[Ruttoshi]

Before a person can be fully involve in long term Bitcoin investment he or she must first build a high Level of patience because the key to long term Bitcoin investment is being patient and also having a good source of income.
Now without this two things I just mentioned is impossible to hodl for long, when you don't have patience there's no way you will leave your Bitcoin in your wallet without dipping hands into it and if you don't have a source of income surly you will be in need of money and since you don't have any source of income you will dip hands into your Bitcoin and solve the financial issues you have.

The ability for an investor to exercise a lot of patience why hodling is dependent on the level of in-flow of money and how consistent it comes and if there are plans on how to manage the income such that the discretionary amount being invested cannot be tampered with since provisions has already been made about any unexpected and unforseen expenses that may come up in the future. If a hodler must maintain a high patient level during their time of investment then they must make sure that they are strict and disciplined enough not to mismanage funds for emergency needs and shouldn't also rely on one source of income, there is need to be versatile and have alternative sources of income.

A good source of income might not necessary means many source of income. An investor might have one source of income but that income is even bigger than an investor with two source of income. Example is those people who have a company or a bi business as their only source of income. What really matters is the size of your discretionary income when you are investing, and also a long term mindset will help you plan properly so that you don't sell too quick before reaching your bitcoin target. Your emergency funds shouldn't be tampered if there is no real emergency.

an emergency funds to sustain them during the rainy days.

There is no need for anyone to invest in bitcoin if he doesn't have plans of building his emergency funds as he is investing simultaneously with his bitcoin investment, because he will be gambling with his money. Likewise, any investor without a discretionary income investing in bitcoin is also gambling because when there is a real emergency or real need, he will sell his bitcoin at low price with loss, if bitcoin price is at the dip below his entry point.

[ultrloa]

Before a person can be fully involve in long term Bitcoin investment he or she must first build a high Level of patience because the key to long term Bitcoin investment is being patient and also having a good source of income.
Now without this two things I just mentioned is impossible to hodl for long, when you don't have patience there's no way you will leave your Bitcoin in your wallet without dipping hands into it and if you don't have a source of income surly you will be in need of money and since you don't have any source of income you will dip hands into your Bitcoin and solve the financial issues you have.

The ability for an investor to exercise a lot of patience why hodling is dependent on the level of in-flow of money and how consistent it comes and if there are plans on how to manage the income such that the discretionary amount being invested cannot be tampered with since provisions has already been made about any unexpected and unforseen expenses that may come up in the future. If a hodler must maintain a high patient level during their time of investment then they must make sure that they are strict and disciplined enough not to mismanage funds for emergency needs and shouldn't also rely on one source of income, there is need to be versatile and have alternative sources of income.

A good source of income might not necessary means many source of income. An investor might have one source of income but that income is even bigger than an investor with two source of income. Example is those people who have a company or a bi business as their only source of income. What really matters is the size of your discretionary income when you are investing, and also a long term mindset will help you plan properly so that you don't sell too quick before reaching your bitcoin target. Your emergency funds shouldn't be tampered if there is no real emergency.

But what do you think will happen if the single big source of income where that investor really stops? Then that provably turn down everything on his side together with his investment made since for sure that he cannot put something for investment anymore. Compare to those people who have multiple sources even if it gives them low income since for sure that they can continue their investment if the other one fails since they have good flow of income. So aside from thinking about investing on bitcoin, people should also try to find more opportunity since this will truly contribute  on their success to gain profit for long term investment.

All things you have mentioned is good to pay attention, but we also need to think in advance about negative situations that might happen and we need to prepare with it so that we can make sure that our investment will be so smooth and no other financial problems will interrupt us.

[Futurexxx]

Before a person can be fully involve in long term Bitcoin investment he or she must first build a high Level of patience because the key to long term Bitcoin investment is being patient and also having a good source of income.
Now without this two things I just mentioned is impossible to hodl for long, when you don't have patience there's no way you will leave your Bitcoin in your wallet without dipping hands into it and if you don't have a source of income surly you will be in need of money and since you don't have any source of income you will dip hands into your Bitcoin and solve the financial issues you have.

The ability for an investor to exercise a lot of patience why hodling is dependent on the level of in-flow of money and how consistent it comes and if there are plans on how to manage the income such that the discretionary amount being invested cannot be tampered with since provisions has already been made about any unexpected and unforseen expenses that may come up in the future. If a hodler must maintain a high patient level during their time of investment then they must make sure that they are strict and disciplined enough not to mismanage funds for emergency needs and shouldn't also rely on one source of income, there is need to be versatile and have alternative sources of income.

A good source of income might not necessary means many source of income. An investor might have one source of income but that income is even bigger than an investor with two source of income. Example is those people who have a company or a bi business as their only source of income. What really matters is the size of your discretionary income when you are investing, and also a long term mindset will help you plan properly so that you don't sell too quick before reaching your bitcoin target. Your emergency funds shouldn't be tampered if there is no real emergency.

But what do you think will happen if the single big source of income where that investor really stops? Then that provably turn down everything on his side together with his investment made since for sure that he cannot put something for investment anymore. Compare to those people who have multiple sources even if it gives them low income since for sure that they can continue their investment if the other one fails since they have good flow of income. So aside from thinking about investing on bitcoin, people should also try to find more opportunity since this will truly contribute  on their success to gain profit for long term investment.

All things you have mentioned is good to pay attention, but we also need to think in advance about negative situations that might happen and we need to prepare with it so that we can make sure that our investment will be so smooth and no other financial problems will interrupt us.

That's just one of the disadvantage of having only one source of income, though it's very good to have a source of income that generate a very good amount of money for you weekly or monthly, but in other for your Bitcoin investment and your Bitcoin accumulation process to be easy and smooth, you just have to have more than one source of income and an emergency fund so as you wouldn't have to fall back to your holding when their is a pressing financial needs.

[ginsan]

That's just one of the disadvantage of having only one source of income, though it's very good to have a source of income that generate a very good amount of money for you weekly or monthly, but in other for your Bitcoin investment and your Bitcoin accumulation process to be easy and smooth, you just have to have more than one source of income and an emergency fund so as you wouldn't have to fall back to your holding when their is a pressing financial needs.

To start DCA, you only need a regular monthly income, if there is additional income, it will support us to combine DCA and Lump sum. It is very easy to plan because we can set aside our salary to invest in Bitcoin. Regardless of the course of the long-term investment program, you only need a concentrated purchase strategy at each planned tempo. Emergency funds may not be touched if you get regular income in that year. If you work as a freelancer with a daily salary, it might make you have to manage as well as possible because you have to think that if you are sick and not working and have no income, then you have to think about it early so as not to interfere with the investment you are making.

If you want to change your fate in bitcoin, don't be too selfish because investing is better on its way for a long time. So there are many hopes that we want regardless of profit or wanting to change our lives to be rich. Why do I say that because I once made a mistake in my investment that ended with less than satisfactory results.

In starting an investment, start with a lower investment while we integrate ourselves with Bitcoin, meaning our investment is running smoothly and we also deepen our knowledge about bitcoin on our investment journey.
As long as there is confidence to start, then do it, just buy it with dca routinely every week.

[I_Anime]

That's just one of the disadvantage of having only one source of income, though it's very good to have a source of income that generate a very good amount of money for you weekly or monthly, but in other for your Bitcoin investment and your Bitcoin accumulation process to be easy and smooth, you just have to have more than one source of income and an emergency fund so as you wouldn't have to fall back to your holding when their is a pressing financial needs

Well is really good to have more than one sources of income it will help to lighten things for yah , most time the other sources can be a particular skill you learnt or having a side hustle. Most folks have a nice job and same time may have a good tech skill , so it can be using both to support each other, so he can choose to use more percentage of one of his sources to accumulate while he use the other as an emergency funds, so that he won't endup tampering with his investment when passing through hard time.

[CageMabok]

That's just one of the disadvantage of having only one source of income, though it's very good to have a source of income that generate a very good amount of money for you weekly or monthly, but in other for your Bitcoin investment and your Bitcoin accumulation process to be easy and smooth, you just have to have more than one source of income and an emergency fund so as you wouldn't have to fall back to your holding when their is a pressing financial needs.

I understand what you mean because you may have seen and felt for yourself when someone or yourself has more than one income in life, it will make it easier for you to make every Bitcoin accumulation and it will also make it easier for you to put funds into the market in order to be able to buy Bitcoin more routinely every week. But people who only have one source of income in their lives, of course they will always make adjustments to the amount of funds they will use every week when they want to buy Bitcoin and save it for a certain period of time.

Currently, everyone who still holds Bitcoin very tightly has returned to being enthusiastic and also feels quite happy when they see the price of Bitcoin which is very close to the previous ATH level. And I also think that we all might see a new ATH again in the same year without having to wait for the new year to arrive because the price increase in these two days is quite accurate evidence that Bitcoin is indeed in a bullrun condition.