Buy Buy Buy or Sell Sell Sell?

[temple]

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

Being ok with what you have implies that you found something to preserve the value you own. If you are ok with having $100,000 in the bank, it doesn't mean those $100,000 buy you the same things next year as they do today. That is why you are constantly supposed to take actions to preserve value if you are at a point where you are ok with what you have. That is what makes bitcoin so interesting as it has more upside potential than other assets I think and its scarcity is set in stone.

Other assets are subject to variables you can only guess. If the population rises, more housing is required. Consequently more houses are built, but suddenly due to demographic circumstances, population decreases and housing might not be needed as much, meaning it could decrease in value as demand decreases while supply was increased to meet a demand from the past.

Bitcoin is subject to less variables. This doesn't the variables are not extremely important and impactful, but the scarcity factor remains forever, which means the supply side is set in stone. Now you can do some philosophy about the demand sind of course, but having a fixed supply side that you yourself can verify is of great importance.

[Churchillvv]

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

Perhaps every thing you have is quite right. The satisfaction of humans is infinite to an extent and as such people (those of us who are into bitcoin) would want to keep buying even after we realise that we have accumulated enough bitcoin and the word enough is peculiar to every individual (investors) as my emd point would probably be the very beginning of accumulation of others.

However, it's obvious that we (newbies in bitcoin investment) shouldn't at this point be in any contemplation of stopping as we haven't reached any significant amount in our possessions. Satisfaction in our bitcoin investment is quite a long journey which I believe none of us here is in such position to claim we have enough bitcoin even though it's obvious that I do not know how much you ( including others ) investment regularly (daily, weekly and/or monthly) into bitcoin yet its a fact that none of us here is able to hodl a good amount of bitcoin.

[Proty]

Perhaps I may not know the amount (dollar) which you put into bitcoin (daily, weekly and/or monthly) however I would say even in the next 4 years you might still want to be in your accumulation stage, of course there are people here who have had bitcoin from the last 4 to 8 years yet still prioritize buying more bitcoin or in your terms still in their accumulation stage. No matter the level of aggressive buying one might do with the level of confidence in bitcoin, I still see reasons even after 10 years as you said to keep buying more bitcoin.

Taking the OG's from the wall observer thread including JayJuanGee for instance still sees reason to keep accumulating more bitcoin even after so many years of buying, hence I put it to you @Mayor of Ogba that buying bitcoin shouldn't have a year limit as newbies as we may not even be able to accumulate enough bitcoin within the expected years. I encourage buying bitcoin regardless of it's price untill one have a significant amount of bitcoin sitting in a cold storage where it would be more safe to hodl.

so I am not selling my bitcoin cheaply to anyone because it takes me a lot of time to accumulate the amount of bitcoin I have now.

Perhaps, selling is never an option to use newbies in bitcoin investment, I personally haven't seen a reason to sell because with the basics we have acquired in bitcoin investment we shouldn't in the first place buy bitcoin with a certain amount of money that we cannot do without in a long period of time and before investing some considerations are being made like having an emergency funds that can serve at least 4-6 months hence keeping hands into our invests wouldn't be an option.

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop no matter the amount you have I mean it is just like saying I'm tired of doing business that will give you a good return in the future looking at it potential. However, I wouldn't want to say for everyone but me personally I can't stop accumulating no matter the amount of Bitcoin I'm holding provided it is not stressing me.

Well it is quite wrong to think that it is those that are struggling to accumulate bitcoin that will feel that they have accumulated enough. All investors have there investment timeline as regards the numbers of years  they  intend to hold there bitcoin either 5-10yrs or more depending on investment timeline which they can decide to be withdrawing profit from there investment after reaching the anticipated timeline. Also an investor can stop his bitcoin accumulation journey owing to health issues and also age can  be a constrain why an investor can feels that he has accumulated enough bitcoin. So it is not financial constrain that can make an investor's to feels he has accumulated enough bitcoin. sickness, age, investments timeline and others factors etc

[Agbamoni]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop?

To answer your question, Bitcoin has potential but having "enough bitcoin" is not about numbers instead it's about purpose. An investor might stop accumulating because he has met his financial goals and then decide to focus on other opportunities or priorities. For instance, owning a house, diversification or waiting patiently to start enjoying the reward of the foundation they have set up for themselves. Others may choose to keep investing because it doesn't interfere with other priorities or goals. Because even profitability has diminishing returns if it is not aligned with other goals. Accumulating forever can turn the eye of an investor to not look into other opportunities and important aspect of their lives that need attention.

And why will they stop when they have all it takes to keep the investment running smoothly?

I will say it is choice. Truly, if it's easy why not keep stacking? Like i said earlier it is about purpose and goals. Stopping doesn't necessarily mean they are abandoning Bitcoin and continuing accumulating doesn't mean they are being greedy on it. It could mean that they feel more safer in investing in Bitcoin rather than diversifying into other opportunities and it is based on the level of trust in Bitcoins long term potential they are relying on.

Everybody investor should understand what they need and choose what they want to do when they meet their accumulation goals. It's a choice not a force of action.

[arwin100]

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop no matter the amount you have I mean it is just like saying I'm tired of doing business that will give you a good return in the future looking at it potential. However, I wouldn't want to say for everyone but me personally I can't stop accumulating no matter the amount of Bitcoin I'm holding provided it is not stressing me.

Well it is quite wrong to think that it is those that are struggling to accumulate bitcoin that will feel that they have accumulated enough. All investors have there investment timeline as regards the numbers of years  they  intend to hold there bitcoin either 5-10yrs or more depending on investment timeline which they can decide to be withdrawing profit from there investment after reaching the anticipated timeline. Also an investor can stop his bitcoin accumulation journey owing to health issues and also age can  be a constrain why an investor can feels that he has accumulated enough bitcoin. So it is not financial constrain that can make an investor's to feels he has accumulated enough bitcoin. sickness, age, investments timeline and others factors etc
[/quote]

I guess there's no situation like that will occur especially if the investor knows that they need to accumulate more Bitcoins on the timeline they set for their investment. Also I don't get it on why there's feeling that they accumulated enough thing since that only limits their possible profit if they stop at certain point and stop accumulating. Usually people talk about hodling for 5 - 10 year so in that span people should accumulate as many as they can so that by the time they hit those target years, we also get satisfied with the result since bigger volume accumulated means bigger the profits we could able to get.

That's why its important for people to be prepared financially so that they won't get bothered by their responsibilities. This is been discussed for many times here so hopefully people would know how to balance everything so that they can make their investment succeed and there's no other negative situation that can make them decide dump and throw away all the efforts they do, since this is a waste of opportunity for people who already have a good start with their accumulation activities.

[Mayor of ogba]

Perhaps I may not know the amount (dollar) which you put into bitcoin (daily, weekly and/or monthly) however I would say even in the next 4 years you might still want to be in your accumulation stage, of course there are people here who have had bitcoin from the last 4 to 8 years yet still prioritize buying more bitcoin or in your terms still in their accumulation stage. No matter the level of aggressive buying one might do with the level of confidence in bitcoin, I still see reasons even after 10 years as you said to keep buying more bitcoin.

Taking the OG's from the wall observer thread including JayJuanGee for instance still sees reason to keep accumulating more bitcoin even after so many years of buying, hence I put it to you @Mayor of Ogba that buying bitcoin shouldn't have a year limit as newbies as we may not even be able to accumulate enough bitcoin within the expected years. I encourage buying bitcoin regardless of it's price untill one have a significant amount of bitcoin sitting in a cold storage where it would be more safe to hodl.

so I am not selling my bitcoin cheaply to anyone because it takes me a lot of time to accumulate the amount of bitcoin I have now.

Perhaps, selling is never an option to use newbies in bitcoin investment, I personally haven't seen a reason to sell because with the basics we have acquired in bitcoin investment we shouldn't in the first place buy bitcoin with a certain amount of money that we cannot do without in a long period of time and before investing some considerations are being made like having an emergency funds that can serve at least 4-6 months hence keeping hands into our invests wouldn't be an option.

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?.

The amount of bitcoin you will accumulate and hold for the long term solely depends on you because nobody knows how good your discretionary income is to tell you the amount of bitcoin you should accumulate. As far as bitcoin investment is concerned, you should be able to figure out the amount of bitcoin you can easily accumulate so that anything that happens along the line, you know that you are responsible for your actions. Before investors start accumulating bitcoin, they already set a target of the amount of bitcoin they want to accumulate in a certain period of time, and when they finally achieve the amount of bitcoin they wish to accumulate, they will stop accumulating bitcoin and channel their money into another business that will help them to sustain their bitcoin investment for how long they wish to hold their bitcoin investment.

[Salahmu]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. e amount of Bitcoin I'm holding provided it is not stressing me.

If this question was for other Bitcoin ideas it would have been okay this way but this particular question is a very delicate one so is something you have to decide for yourself because if others should make the choice for you that means you wouldn't no how much Bitcoin you would want because some persons will say having up to 4 Bitcoin is supposed to be there stop point, some will say is too much that instead 2 Bitcoin looks more achieveable and still a lot of people will counter the idea because is a lot of money to start thinking about while some persons will just want to have up to $23k worth of Bitcoin to call it a stop point and so on, so you can see how delicate or disoriented you can be if everybody should tell you the amount of Bitcoin you ought to have as a stop area, so just pick a number that would be reachable for you within your desired years and go for it so that you will not worry too much.

[sotelorene]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop?

To answer your question, Bitcoin has potential but having "enough bitcoin" is not about numbers instead it's about purpose. An investor might stop accumulating because he has met his financial goals and then decide to focus on other opportunities or priorities. For instance, owning a house, diversification or waiting patiently to start enjoying the reward of the foundation they have set up for themselves. Others may choose to keep investing because it doesn't interfere with other priorities or goals. Because even profitability has diminishing returns if it is not aligned with other goals. Accumulating forever can turn the eye of an investor to not look into other opportunities and important aspect of their lives that need attention.

And why will they stop when they have all it takes to keep the investment running smoothly?

I will say it is choice. Truly, if it's easy why not keep stacking? Like i said earlier it is about purpose and goals. Stopping doesn't necessarily mean they are abandoning Bitcoin and continuing accumulating doesn't mean they are being greedy on it. It could mean that they feel more safer in investing in Bitcoin rather than diversifying into other opportunities and it is based on the level of trust in Bitcoins long term potential they are relying on.

Everybody investor should understand what th.ey need and choose what they want to do when they meet their accumulation goals. It's a choice not a force of action.

You are actually making sense but saying that having enough Bitcoin is not about numbers is a wrong statement rather it's having enough number of Bitcoin and purpose because how will your purpose come to establishment when you don't have enough of what is required to... In as much as diversification can be stressing and distracting sometimes but a good investor must diversify and it must not be in Bitcoin or crypto there are other business or project one can venture into while his or her Bitcoin investment is still running smoothly.

[laijsica]

Perhaps I may not know the amount (dollar) which you put into bitcoin (daily, weekly and/or monthly) however I would say even in the next 4 years you might still want to be in your accumulation stage, of course there are people here who have had bitcoin from the last 4 to 8 years yet still prioritize buying more bitcoin or in your terms still in their accumulation stage. No matter the level of aggressive buying one might do with the level of confidence in bitcoin, I still see reasons even after 10 years as you said to keep buying more bitcoin.

Taking the OG's from the wall observer thread including JayJuanGee for instance still sees reason to keep accumulating more bitcoin even after so many years of buying, hence I put it to you @Mayor of Ogba that buying bitcoin shouldn't have a year limit as newbies as we may not even be able to accumulate enough bitcoin within the expected years. I encourage buying bitcoin regardless of it's price untill one have a significant amount of bitcoin sitting in a cold storage where it would be more safe to hodl.

so I am not selling my bitcoin cheaply to anyone because it takes me a lot of time to accumulate the amount of bitcoin I have now.

Perhaps, selling is never an option to use newbies in bitcoin investment, I personally haven't seen a reason to sell because with the basics we have acquired in bitcoin investment we shouldn't in the first place buy bitcoin with a certain amount of money that we cannot do without in a long period of time and before investing some considerations are being made like having an emergency funds that can serve at least 4-6 months hence keeping hands into our invests wouldn't be an option.

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?.

The amount of bitcoin you will accumulate and hold for the long term solely depends on you because nobody knows how good your discretionary income is to tell you the amount of bitcoin you should accumulate. As far as bitcoin investment is concerned, you should be able to figure out the amount of bitcoin you can easily accumulate so that anything that happens along the line, you know that you are responsible for your actions. Before investors start accumulating bitcoin, they already set a target of the amount of bitcoin they want to accumulate in a certain period of time, and when they finally achieve the amount of bitcoin they wish to accumulate, they will stop accumulating bitcoin and channel their money into another business that will help them to sustain their bitcoin investment for how long they wish to hold their bitcoin investment.

Yes, many people can start by setting the amount and time to accumulate Bitcoin and they can also be careful about their goals and align them accordingly. There should be a different strategy for holding Bitcoin with the level of maintenance of real assets and prosperous finances. I will introduce here patience and confidence because price volatility can cause you to lose mental stability which can lead to a lack of long-term accumulating. You should keep a level of solution such as emergency funds and alternative sources of income between the initial review and implementation of the decision. If that investor gets the desired profit or can make a decent holding he can try to become more prosperous even if they reach their point. If the price of Bitcoin is dumping/pumping, then keep your mind set to continue your continuous deposit. For investors who can continue their continuity from Bitcoin, staying away from Bitcoin is equivalent to staying out of financial security.

[Sim_card]

Perhaps I may not know the amount (dollar) which you put into bitcoin (daily, weekly and/or monthly) however I would say even in the next 4 years you might still want to be in your accumulation stage, of course there are people here who have had bitcoin from the last 4 to 8 years yet still prioritize buying more bitcoin or in your terms still in their accumulation stage. No matter the level of aggressive buying one might do with the level of confidence in bitcoin, I still see reasons even after 10 years as you said to keep buying more bitcoin.

Taking the OG's from the wall observer thread including JayJuanGee for instance still sees reason to keep accumulating more bitcoin even after so many years of buying, hence I put it to you @Mayor of Ogba that buying bitcoin shouldn't have a year limit as newbies as we may not even be able to accumulate enough bitcoin within the expected years. I encourage buying bitcoin regardless of it's price untill one have a significant amount of bitcoin sitting in a cold storage where it would be more safe to hodl.

so I am not selling my bitcoin cheaply to anyone because it takes me a lot of time to accumulate the amount of bitcoin I have now.

Perhaps, selling is never an option to use newbies in bitcoin investment, I personally haven't seen a reason to sell because with the basics we have acquired in bitcoin investment we shouldn't in the first place buy bitcoin with a certain amount of money that we cannot do without in a long period of time and before investing some considerations are being made like having an emergency funds that can serve at least 4-6 months hence keeping hands into our invests wouldn't be an option.

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop no matter the amount you have I mean it is just like saying I'm tired of doing business that will give you a good return in the future looking at it potential. However, I wouldn't want to say for everyone but me personally I can't stop accumulating no matter the amount of Bitcoin I'm holding provided it is not stressing me.

Well it is quite wrong to think that it is those that are struggling to accumulate bitcoin that will feel that they have accumulated enough. All investors have there investment timeline as regards the numbers of years  they  intend to hold there bitcoin either 5-10yrs or more depending on investment timeline which they can decide to be withdrawing profit from there investment after reaching the anticipated timeline. Also an investor can stop his bitcoin accumulation journey owing to health issues and also age can  be a constrain why an investor can feels that he has accumulated enough bitcoin. So it is not financial constrain that can make an investor's to feels he has accumulated enough bitcoin. sickness, age, investments timeline and others factors etc

I agree with you Proty. In addition to what you said, an investor can feel that he has accumulated more than enough bitcoin and use diversify the funds he is using on buying bitcoin into another asset, because he doesn't want to rely solemnly on only his bitcoin investment in future but needs other asset like bond, stock e.t.c to balance his risk. However, it's better you don't diversify if you don't know how to do it properly and stick to only your bitcoin investment.

If you have observed the market, those big whales buying chunks of bitcoin already have an investment which makes it easier for them to diversify some of their shares in bitcoin investment. Government has what generate income for them so buying bitcoin isn't a problem.

[Jewan420]

Well it is quite wrong to think that it is those that are struggling to accumulate bitcoin that will feel that they have accumulated enough. All investors have there investment timeline as regards the numbers of years  they  intend to hold there bitcoin either 5-10yrs or more depending on investment timeline which they can decide to be withdrawing profit from there investment after reaching the anticipated timeline. Also an investor can stop his bitcoin accumulation journey owing to health issues and also age can  be a constrain why an investor can feels that he has accumulated enough bitcoin. So it is not financial constrain that can make an investor's to feels he has accumulated enough bitcoin. sickness, age, investments timeline and others factors etc

Yes, an investor can diversify his investment by selling part of his investment after reaching his goal. This does not mean that he is selling his investment due to financial problems. Everyone has his own investment plans and personal goals. Goals can include diversifying his investment or becoming dependent on something other than Bitcoin. Sometimes his age can be a reason for selling his investment or family plans can be a reason for selling his investment. If your successor is not qualified to hold or receive your investment, then you must have alternative plans. I definitely do not support selling your investment unnecessarily, because he or his successor should not have to regret it. Selling your investment is definitely an acceptable way if there is an alternative plan or if the situation allows.

[Justbillywitt]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop no matter the amount you have I mean it is just like saying I'm tired of doing business that will give you a good return in the future looking at it potential. However, I wouldn't want to say for everyone but me personally I can't stop accumulating no matter the amount of Bitcoin I'm holding provided it is not stressing me.

There is always a saturation point in everything we are doing. A point where you will say okay I think I have had enough of this, and it's time to focus on other things. Even if you will add to your bag later on, but it won't be as intense as it was when you started the accumulation journey. The only difference is that the point where different investors will say they have accumulated enough depends on the individual investor. If Investor A is satisfied with 10 bitcoins, investors B might not be satisfied with that number. He can either be satisfied with higher numbers or less. But the point is there is always a point that an investor will say okay I have had enough bitcoins accumulated already. Both those that are struggling and those that ain't struggling to accumulate bitcoin, will definitely get to a point where they are fully convinced that they have accumulated enough. Getting to the level of satisfaction is not only limited to investors who are struggling to to accumulate bitcoin.

[Futurexxx]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop no matter the amount you have I mean it is just like saying I'm tired of doing business that will give you a good return in the future looking at it potential. However, I wouldn't want to say for everyone but me personally I can't stop accumulating no matter the amount of Bitcoin I'm holding provided it is not stressing me.

There is always a saturation point in everything we are doing. A point where you will say okay I think I have had enough of this, and it's time to focus on other things. Even if you will add to your bag later on, but it won't be as intense as it was when you started the accumulation journey. The only difference is that the point where different investors will say they have accumulated enough depends on the individual investor. If Investor A is satisfied with 10 bitcoins, investors B might not be satisfied with that number. He can either be satisfied with higher numbers or less. But the point is there is always a point that an investor will say okay I have had enough bitcoins accumulated already. Both those that are struggling and those that ain't struggling to accumulate bitcoin, will definitely get to a point where they are fully convinced that they have accumulated enough. Getting to the level of satisfaction is not only limited to investors who are struggling to to accumulate bitcoin.

Truly you have said it all, and I support your sentiment here because as a human being that we are, at some point your aggressiveness and excitement reduced when you have gotten what you wanted or when you gotten too used to something.
Ok let me use this forum as an example now, do you think that most of this legendary member feel very excited anytime they receive merit randomly like when they were a newbie or full member, no, dy feel quite good for feeling appreciated but not as excited as they were when they haven't gotten to the top, and that is how Bitcoin accumulation is, at some point when you have gotten everything, like when you have gotten a very good stash of Bitcoin in your possession, you will be less motivated to buy more even though you can still be buying, but that's just the reality.

[cryptoWODL]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop

Every investor has a different investment strategy and every investor invests in a different way. So maybe their investment goals are different And how long they will deposit Bitcoin or how much Bitcoin they will deposit is also different. Many investors set the goal before investing that they will invest for the long term, There are also many investors who before investing aim to extend their investment up to 4 years That is, they want to prolong their investment until a Bitcoin halving.

If someone has enough opportunities to accumulate Bitcoin, they may never want to stop accumulating Bitcoin. Moreover, the amount of Bitcoin that a person accumulates in his investment portfolio depends entirely on that person's financial income. Those who are financially prosperous are easily able to continue investing for as long as they want.

[Stablexcoin]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop?

To answer your question, Bitcoin has potential but having "enough bitcoin" is not about numbers instead it's about purpose. An investor might stop accumulating because he has met his financial goals and then decide to focus on other opportunities or priorities. For instance, owning a house, diversification or waiting patiently to start enjoying the reward of the foundation they have set up for themselves. Others may choose to keep investing because it doesn't interfere with other priorities or goals. Because even profitability has diminishing returns if it is not aligned with other goals. Accumulating forever can turn the eye of an investor to not look into other opportunities and important aspect of their lives that need attention.

And why will they stop when they have all it takes to keep the investment running smoothly?

I will say it is choice. Truly, if it's easy why not keep stacking? Like i said earlier it is about purpose and goals. Stopping doesn't necessarily mean they are abandoning Bitcoin and continuing accumulating doesn't mean they are being greedy on it. It could mean that they feel more safer in investing in Bitcoin rather than diversifying into other opportunities and it is based on the level of trust in Bitcoins long term potential they are relying on.

Everybody investor should understand what th.ey need and choose what they want to do when they meet their accumulation goals. It's a choice not a force of action.

You are actually making sense but saying that having enough Bitcoin is not about numbers is a wrong statement rather it's having enough number of Bitcoin and purpose because how will your purpose come to establishment when you don't have enough of what is required to... In as much as diversification can be stressing and distracting sometimes but a good investor must diversify and it must not be in Bitcoin or crypto there are other business or project one can venture into while his or her Bitcoin investment is still running smoothly.

I agree with you on this. The level of profit we should expect after a long run is determined by how much we have accumulated. It is more likely that an investor who has invested in Bitcoin for 8 years will have more Bitcoin in his portfolio than an investor who invested in an interval of 1-2 years. However, it also depends on the amount they invest either monthly, weekly, or yearly in Bitcoin.

In as much as diversification can be stressing and distracting sometimes but a good investor must diversify and it must not be in Bitcoin or crypto there are other business or project one can venture into while his or her Bitcoin investment is still running smoothly.

When you are investing in Bitcoin already you can diversify into other assets and not Bitcoin so correct your statement there.

Also, the only way diversification can seem to be distracting is when an investor chooses to diversify when he has not achieved his Bitcoin goal. Diversification is good but must only be done when you have reached your Bitcoin accumulation goal or target.

[letteredhub]

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

Bitcoin accumulation should be between ones financial capability and shouldn't be a competition to the accumulators against others because it could really put pressure on you as everyone's financial capacity differs. Even if as humans we have that greed instinct to want to gather more and more, as per investment it should be done with proper planning and coordination even when the authorities probably lift most of the restrictions and develop bitcoin friendly policies in the future it still doesn't reduce to nothing the necessity to accumulate strategically even if you seem not to have a limit to the amount you'll want to accumulate.

[Huliya]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop

Every investor has a different investment strategy and every investor invests in a different way. So maybe their investment goals are different And how long they will deposit Bitcoin or how much Bitcoin they will deposit is also different. Many investors set the goal before investing that they will invest for the long term, There are also many investors who before investing aim to extend their investment up to 4 years That is, they want to prolong their investment until a Bitcoin halving.

If someone has enough opportunities to accumulate Bitcoin, they may never want to stop accumulating Bitcoin. Moreover, the amount of Bitcoin that a person accumulates in his investment portfolio depends entirely on that person's financial income. Those who are financially prosperous are easily able to continue investing for as long as they want.

There is probably no person in this Bitcoin forum who does not have the hope of making their portfolio look good. More or less everyone wants to have Bitcoin with them. All people think about accumulating Bitcoin based on their own circumstances. We cannot impose our opinion on them. Everyone plans to invest or accumulate according to their own needs. According to Google, the world population in 2023 was 8.025 billion. It is not possible for us to combine the thoughts of so many people. Different people, different thoughts, different plans.

However, we can definitely tell everyone in the forum that you should invest in Bitcoin for a long time, if you do not have any problems. Some of the normal problems include old age, illness, urgent needs, etc. We can overcome all these problems if we want. If we have old age problems, we can fully explain our investment plan to our relatives and friends (whom you can trust in all situations). If you are sick, you can temporarily stop your investment and then start investing again after you recover. If you or we have an emergency, we can withdraw money as needed and continue our investment. So we all encourage ourselves to set goals. We can save Bitcoin for our own future. Our investment time frame should not be decided by the advice of others. Bitcoin can be a way for all of us to stay by our side at a special moment, to keep our morale strong.

We love Bitcoin investment.

[JayJuanGee]

Is it really a must to for investors hold bitcoin for 8 to 10 years, before someone can see profitability in the investment?

Is not a must but a beneficial duration of investment to some persons because your invested money determines how long is going to be, for example you and I have a plan of getting $26k worth of Bitcoin and you started with the weekly investment of $100 and in five years you should be having nothing less than $26k in Bitcoin meanwhile instead of using the same amount you are using I choose $50 based on financial insolvent, so actually in the five years I will be having only $13,044 in Bitcoin while you have meet your target in just five years I'm still half way to it, so to get this I will have to give myself another five years to get there making it 10 years I have spent to achieve it, so actually this example is just a little explanation to show you that 10 year investment is not a must but with your plan it can take up to the years I have explained.

Of course, if you invest $100 per week for 5 years, then each year you would be investing $5,200, so after 5 years, you would have $26k invested.  Yet you cannot know know for sure if the dollar value that you invested into bitcoin will be more or less of the amount that you invested.  Your investment into bitcoin could be worth several times higher or it could be worth zero or it could be worth some amount in between.

We invest into bitcoin because we believe that it has decently good fundamentals to cause it it mostly be going up in value rather than down in value, yet we have no guarantees.... so we have to select our investment size in accordance with how much we are able to (and willing to) put into such an asymmetric bet that could potentially cause us to lose up to 100% of the value that we put in or that it could appreciate in value more than if we had placed such value in other locations - and there are variations of those scenarios... which we can make estimates, yet we are not going to have certainties about the values until time plays out and in the meantime, hopefully we are also securing our bitcoin in safe ways so that we do not end up losing them due to our own lack of proper care-takings.

I agree with you. Bitcoin is a volatile cryptocurrency. It fluctuates constantly. I cannot say how much profit I will get no matter what I invest for a period of 5 or 10 years. It can decrease or increase many times. However, even if it fluctuates in the short term, according to its past history, those who invest here in the long term have benefited a lot. If we follow the time from 2020 to 2023, we will see that the price of Bitcoin is more or less sky-high. So, long-term investment never fails. But if there is a big crash, then that is different. Therefore, to invest in Bitcoin, any person must decide how much risk he wants to take. Is he completely ready to lose his value or not. If a person does not want to lose his value, he can reduce the level of investment, that is, if he loses his value, he should not suffer much loss. Now, if anyone is worried about the safety of his funds, he should keep his funds in a "cold wallet".

First, I would not call investing since 2020 or so to be long term, yet if you invest more than 4 years then you may well be investing rather than trading, but 4-10 years would still be a short term investment compared to 10 years or more would maybe start to be considered as a long term investment.

Second, you seem to be thinking correctly that if guys are investing from their extra money, then they will more likely get less attached to whether they win or lose their money, since they should be investing from money that they can afford to lose, and they should realize that bitcoin is ongoingly volatile whether long term or short term, and at the same time when they are in their earlier stages of investing, they may well have extended periods in the negative, or even not very good profits on their holdings.. which also should not be of concerns to them, as long as they came to bitcoin with the right mindset, including realizing that bitcoin profits are not guaranteed. 

Third, Another potential issue related to volatility is that there could be guys who have difficulties knowing how to deal with the considerable volatility to the upside, which can become additionally more difficult if they are already struggling financially, but then they see their bitcoin holdings go shooting up several times its value in a short period of time, so then instead of keeping investing, they may well get tempted to cash some (or even all) out, even though they had not been in the investment for very long, so then they become tempted to become a trader rather than an investor, even if they came to bitcoin with an investment mindset.   I am not going to proclaim that I know exactly how to deal with those kinds of emotions, especially since there will be a lot of variance in terms of any of the 9 individual factors that might be affecting the emotions that the guy is experiencing.

Fourth, in the very beginning of investing there may not be very much value, yet you are correct with implying that cold storage becomes more and more important as the bitcoin value (and/or stash size) is going up.  It can also become challenging for individuals to realize the level of their own responsibility in being their own bank and figuring out if the ways that they are holding their coins are sufficiently secure and how much coins they may be putting at risk based on certain ways that they are holding their coins.

[edited out]

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

To me, it seems that instead of being vague about how much is enough, it is likely good to figure out if your goals are getting to fuck you status or some other smaller goal, and frequently I like to consider fuck you status since it is a way of determining a certain level of financial freedom and options.

Yet you might not need to exactly get to fuck you status in order to realize that you are on the road to getting to such status, so then you would likely be needing to consider how many years (or how much time) your BTC stash can support you at you current level of annual consumption (or your anticipated future levels of annual consumption).   And, those kinds of valuations should be measured at bottom prices, such as the 200-WMA, rather than spot prices.

Frequently, when the bitcoin stash is becoming valued at several times annual income, we know that we are on the right path, yet we might still not have enough coins yet, yet each time (perhaps weekly?) we buy bitcoin, it is not really marginally adding a lot of value to our overall BTC stash size, yep continuing to buy still might be the most logical approach..., but surely our stash size does start to affect our thinking about whether we mostly have enough, and we may just need to allow time to pass to continue to experiencing a likely ongoing compounding of our bitcoin value (even though the compounding is not guaranteed, either).. 

[edited out]

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop no matter the amount you have I mean it is just like saying I'm tired of doing business that will give you a good return in the future looking at it potential. However, I wouldn't want to say for everyone but me personally I can't stop accumulating no matter the amount of Bitcoin I'm holding provided it is not stressing me.

You may well be in the right mindset sotelorene, since you have ONLY been registered on the forum for a bit more than a year, so if you accumulate bitcoin for 4 years or more or even starting to get up to a couple of cycles of accumulating bitcoin, and with bitcoins level of volatility, you might start to reassess the effectiveness or value of your ongoing buying of bitcoin versus your just letting your bitcoin ride for a while and to use your fiat in other ways.

Your own feelings about what to do also may depend upon how aggressive you had been in your bitcoin accumulation in your early days, so historically being aggressive early (without overdoing it) had been beneficial to those longer term investors to either discontinue their needs to continue to accumulate bitcoin or to lighten their level of BTC accumulation aggressiveness at later stages.

For example a guy who might have been buying $200 per week of bitcoin for the past 7 years would have invested $73.2k into bitcoin and accumulated about 5.4278 BTC, so if he is continuing to buy bitcoin, then each time that he is buying $200 worth of bitcoin, he might be feeling that he is not really adding very much to his BTC holdings.  Another thing is that in 7 years his income may have gone up so that he is able to choose whether he wants to increase his bitcoin investment or to just keep his weekly investment amount at a similar level, so he surely has more options as his investment continues to grow, and he is seeing that his earlier investment timeline had ended up paying off, but he still might not be confident that he has enough BTC.

With the 5.4278 BTCpot accumulated amount of the above hypothetical guy, he might be considering that the spot value of his stash is $540k and the 200-WMA value of his stash is $231k, so he should not be getting distracted by the spot price, and I would imagine that he would want to continue to accumulate, yet surely depending on his goals, and 7 years of ongoing BTC accumulation has been a good thing, yet many times investments take longer than 7 years, even if the investment is doing quite well, there tends to be ONLY so much value that any of us can put into any investment (including bitcoin) at any one time, so many of us end up being stuck with some form of DCA investing, which may well involve investing as much as we can (within our discretionary income) that we are able to accomplish without over doing the matter.

[edited out]

Perhaps every thing you have is quite right. The satisfaction of humans is infinite to an extent and as such people (those of us who are into bitcoin) would want to keep buying even after we realise that we have accumulated enough bitcoin and the word enough is peculiar to every individual (investors) as my emd point would probably be the very beginning of accumulation of others.

However, it's obvious that we (newbies in bitcoin investment) shouldn't at this point be in any contemplation of stopping as we haven't reached any significant amount in our possessions. Satisfaction in our bitcoin investment is quite a long journey which I believe none of us here is in such position to claim we have enough bitcoin even though it's obvious that I do not know how much you ( including others ) investment regularly (daily, weekly and/or monthly) into bitcoin yet its a fact that none of us here is able to hodl a good amount of bitcoin.

Some newbies will be able to front load their investment more than others, yet in order to make meaningful progress in building their bitcoin investment, an overwhelming majority of people do tend to have to build their investment over a long period of time and continuing to invest consistently, persistently, ongoingly and perhaps even aggressively... including quite a bit more than a whole  bitcoin cycle... perhaps even 2 cycles or more.

[Churchillvv]

[edited out]

Perhaps every thing you have is quite right. The satisfaction of humans is infinite to an extent and as such people (those of us who are into bitcoin) would want to keep buying even after we realise that we have accumulated enough bitcoin and the word enough is peculiar to every individual (investors) as my emd point would probably be the very beginning of accumulation of others.

However, it's obvious that we (newbies in bitcoin investment) shouldn't at this point be in any contemplation of stopping as we haven't reached any significant amount in our possessions. Satisfaction in our bitcoin investment is quite a long journey which I believe none of us here is in such position to claim we have enough bitcoin even though it's obvious that I do not know how much you ( including others ) investment regularly (daily, weekly and/or monthly) into bitcoin yet its a fact that none of us here is able to hodl a good amount of bitcoin.

Some newbies will be able to front load their investment more than others, yet in order to make meaningful progress in building their bitcoin investment, an overwhelming majority of people do tend to have to build their investment over a long period of time and continuing to invest consistently, persistently, ongoingly and perhaps even aggressively... including quite a bit more than a whole  bitcoin cycle... perhaps even 2 cycles or more.

Perhaps newbies that are capable of front loading their investment are very rare and of course you would agree with me that most of us newbies in investment here are probably the long run investors even though we are not certain how much each of us invest on a regular basis. However, those whom are in the position to load over or a whole bitcoin in their earliest stage of investment are more basically those who financially buoyant enough to take such investment actions without having to crash other expenses. Hence our financial capabilities differs to a great extent and as such we all will have to choose whatever way we want to invest in bitcoin whether within a cycle or 2 based on financial statuses.

[sotelorene]

Wouldn't it as well be smart to say that accumulation stage should go on for as long as it is realistic that bitcoin will be in accumulation stage. For example, if I reach my goal and own like 1 BTC, but I see the statistics and know that 2% of the world's population now own BTC, but regulatory bodies are more prone to support BTC development and purchases through government organizations and businesses and it becomes evident that they are not against BTC. They pass laws that allow non-custodial wallets without sending you though cumbersome processes like KYC for every address you own and many other bad things. You realize that BTC has a bright future and you also realize that barely one owns it, would it then be right to stop accumulating when probability is high that BTC accumulation is only about to get started?

I think the right decision would be to then maybe adjust your goal and accumulate further as your estimate is that the market has upside potential. Unless you reached certain limits within your wealth distribution preferences, but stopping when you see it is about to get going should perhaps alter the first decision.

In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

Bitcoin accumulation should be between ones financial capability and shouldn't be a competition to the accumulators against others because it could really put pressure on you as everyone's financial capacity differs. Even if as humans we have that greed instinct to want to gather more and more, as per investment it should be done with proper planning and coordination even when the authorities probably lift most of the restrictions and develop bitcoin friendly policies in the future it still doesn't reduce to nothing the necessity to accumulate strategically even if you seem not to have a limit to the amount you'll want to accumulate.

Anyone who is aspiring to be an investor knowing fully well that with his or her financial status he or she can not scale through it and still venture into Bitcoin investment will probably end up along the line and one of the thing that always cause this is covetousness, when they saw there friends or relatives is investing in Bitcoin and seeing the progress in their investment will trigger some people to..., However, I don't see anything wrong if an investor take this investment as a competition and they have all it takes to maintain i mean keep their investment running smoothly but the only time I consider or see it to be a wrong move is if an investor doesn't have what it takes to... Because definitely they are going to get choked some day, the advantage an investor will have if they take it as  a competition and have the money to keep their investment..., is that they will increase their portfolio so quick which is every investor's mindset.