Buy Buy Buy or Sell Sell Sell?

[Sim_card]

Currently Bitcoin is still facing a correction condition even though its price has been at $95K and now it is not too far from that range. So I think this is still quite worthy to continue to be utilized well by everyone, especially for those who want to buy at a certain amount because the current price should be considered not too expensive so that we have high confidence to continue buying it before Bitcoin goes past $100K again.

Bitcoin, at the current situation, is in an initial correction phase, so it may be a good time to start investing at the current price $93K. Because the current price is very low compared to the level at which Bitcoin's price is likely to go in the future. Which is a good opportunity to start investing. At this time, the price has decreased slightly, and Bitcoin is likely to go back to $110K + very soon. Bitcoin has gained global acceptance, and many large institutions and government (Donald trump) agencies are now investing in Bitcoin, which creates a golden opportunity for further growth in the price of Bitcoin. Bitcoin should be invested in for long-term holding purposes, because if Bitcoin is viewed from a long-term perspective, Bitcoin can bring a unique opportunity for success in the future.

Of course, whenever you have your discretionary ready is the best time to invest and any new investor who just want to start his bitcoin investment should start right away provided he is using the amount from his discretionary income that will enable him continue accumulating bitcoin overtime.

This is why DCA method is there for you to adopt, because it enables you to buy bitcoin every week or month regardless the price of bitcoin at that moment. Waiting is very dangerous because it will make you lose the opportunity in the market in other for you to start buying  right away and increase your bitcoin stash overtime. Waiters will regret in the long run because they will be low coiners.

[Mame89]

In conclusion loan is not for everyone but for people who are financial minded or wise, and not for guys who should not have been using dept due to lack skill and or using it in the wrong circumstances.

I agree with you here. Most people take loans for business or any other thing and they pay it back. Now, they took the loan because they already prepared or are expecting the money in a few day's time to pay back. I am totally against taking loans to invest in Bitcoin as it is very dangerous. But to those who are financially buoyant and can expect huge money several times within a week or two then they can choose to take loan if the urgent buy of Bitcoin is so serious.

In essence, to avoid something unwanted, it is better to avoid debt for investment even though it is a bitcoin investment that has a future, but we must also know that the fluctuating price of bitcoin will make you fail to pay your debt on time.

Before investing, it should be better for us to learn about good financial management. If all has been done, then invest. Investment must use cold money, so there will be no panic and so on. So don't invest with money for daily living needs, let alone take loans, of course this is a bad decision. So even though the price of Bitcoin is falling like this, if you can't manage your finances well, it's better not to force yourself to buy it, it's better to do DCA with enough money. Besides, investing in bitcoin will be wiser for the long term, not for the short term.

[rachael9385]

Currently Bitcoin is still facing a correction condition even though its price has been at $95K and now it is not too far from that range. So I think this is still quite worthy to continue to be utilized well by everyone, especially for those who want to buy at a certain amount because the current price should be considered not too expensive so that we have high confidence to continue buying it before Bitcoin goes past $100K again.

Bitcoin, at the current situation, is in an initial correction phase, so it may be a good time to start investing at the current price $93K. Because the current price is very low compared to the level at which Bitcoin's price is likely to go in the future. Which is a good opportunity to start investing. At this time, the price has decreased slightly, and Bitcoin is likely to go back to $110K + very soon. Bitcoin has gained global acceptance, and many large institutions and government (Donald trump) agencies are now investing in Bitcoin, which creates a golden opportunity for further growth in the price of Bitcoin. Bitcoin should be invested in for long-term holding purposes, because if Bitcoin is viewed from a long-term perspective, Bitcoin can bring a unique opportunity for success in the future.

Despite the fact that the presence of Donald Trump might bring a significant change in the crypto space (Bitcoin), one really needs to start investing in Bitcoin as soon as possible (ASAP) because now is/might be the best chance they have. However, before one invests in Bitcoin, he or she must use their discretionary income before investment because that's probably the amount they can afford to lose. Delaying to invest in Bitcoin can do no good because Bitcoin is below $100k. Which means it is at a low rate. Moreover, you will definitely regret it when you notice that you have missed a lot of opportunities (especially when the market was favorable and you haven't invested). Actually, as a newbie, you must apply the DCA method to your Bitcoin investment because the DCA method gives you the advantage to invest at your own comfort through a decent amount, and with your consistent investment, you will probably have a good portion of Bitcoin in your portfolio if only you can invest/HODL for the long term. 

[Yablee0]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

[Cryptoprincess101]

In conclusion loan is not for everyone but for people who are financial minded or wise, and not for guys who should not have been using dept due to lack skill and or using it in the wrong circumstances.

I agree with you here. Most people take loans for business or any other thing and they pay it back. Now, they took the loan because they already prepared or are expecting the money in a few day's time to pay back. I am totally against taking loans to invest in Bitcoin as it is very dangerous. But to those who are financially buoyant and can expect huge money several times within a week or two then they can choose to take loan if the urgent buy of Bitcoin is so serious.

In essence, to avoid something unwanted, it is better to avoid debt for investment even though it is a bitcoin investment that has a future, but we must also know that the fluctuating price of bitcoin will make you fail to pay your debt on time.

Before investing, it should be better for us to learn about good financial management. If all has been done, then invest. Investment must use cold money, so there will be no panic and so on. So don't invest with money for daily living needs, let alone take loans, of course this is a bad decision. So even though the price of Bitcoin is falling like this, if you can't manage your finances well, it's better not to force yourself to buy it, it's better to do DCA with enough money. Besides, investing in bitcoin will be wiser for the long term, not for the short term.

Even if you have a good financial management, there may be times when you might be stucked in a situation where your emergency funds and your reserved funds cannot settle a physical challenge you might have encountered due to maybe a decrease in your income or maybe you might have gotten yourself into things that will need a lot of money. For instance, you can be investing in bitcoin and also spending money a project you want to establish so since you cannot withdraw your bitcoin while your investment is not yet due, the only option you might be faced with is taking a loan to cover that immediate challenge knowing that you can pay back from your income when it arrives. Where taking a loan is bad is when you don't have a job that generates income for you to pay back your debts. The reason why we should invest with a disposable income is because we must have already taken care of our daily needs and all that so when you invest after sorting out those basic things, it gives you comfort in your investment without any inconvenience. Not forcing oneself to invest in bitcoin don't mean that we can only apply the DCA, but any strategy we find convenient enough so far as we have a long-term investment plan, we can still succeed in it.

[Frankolala]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

Take note that anyone can use the lump sum strategy to buy bitcoin either rich or poor, it does not matter the amount you are using to buy to be very big. For instance, I might be using $50 for my regular weekly DCA, and I come across funds that I am not expecting and have no budget for, maybe I was given a bonus in my place of work or traveling allowance of $500. I can choose to buy bitcoin with $300 right away irrespective of the price of bitcoin and keep $200 to buy at the dip. I can still choose to lump sum and buy with all the $500 in a go.

When you have funds to buy bitcoin like the above example that I gave and you refuse to buy bitcoin immediately you have the money and you are waiting fod bitcoin price to dip, it's not called lump sum but buying at the dip. A new beginner should think of using such strategy because it's useless for him waiting for the dip that nobody knows when it will come.

[Futurexxx]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

With what you wrote down here, it shows that you are not just new here but you are learning gradually, but I just want to throw more light on what it entails to be a successful Bitcoin investor.
To be a successful Bitcoin investor, as a newbie investors, you have to start accumulating Bitcoin either through the DCA accumulating strategy, a situation where you buy Bitcoin bit by bit either weekly or monthly depending on how much you can afford from you discretionary income or you accumulate it through the lumps sum strategy, a situation whereby you mostly buy when their is a dip in price of Bitcoin, but take note that as  you are  buying, you are aiming to hold for a very long period of time like 10 to 20 years time from now.

Then  another thing that is required as a Bitcoin investor is an emergency fund so that you won't have to fall back to your Bitcoin investment when being faced with serious financial needs, so emergency funds is very important in your ability to hold and not selling prematurely.
Then when all this is in place, you have to pay deaf ear to the speculations and outside noise about Bitcoin, so that you wouldn't sell in panic when their is a strong dip in price of Bitcoin.

[Zackz5000]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

There are other strategies too that investors might also choose to use when accumulating Bitcoin but why this DCA strategy seems to more adopted is it gives investors an opportunity of accumulating Bitcoin gradually irrespective of the price and also the money you can use to accumulate Bitcoin is your discretionary income that is your leftover funds after you might have sort out your personal needs and when accumulating Bitcoin will also accumulate with the level of your discretionary income because your pocket money could be your personal needs money which may affect your personal living after accumulating Bitcoin. People that has low discretionary income could still accumulate Bitcoin using the lump sum strategy if probably they won a lottery along the line they might decide to lump sum to increase their bitcoin stack  so the lump sum is not just best for those that has much funds so that those that know won't think that it is only the rich that can lump sum.
Buying also when the market is dip is buying the dip strategy is a very slow movement of accumulating Bitcoin it should only be any opportunity to accumulate more Bitcoin instead of waiting to dip.

[Ruttoshi]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

With what you wrote down here, it shows that you are not just new here but you are learning gradually, but I just want to throw more light on what it entails to be a successful Bitcoin investor.
To be a successful Bitcoin investor, as a newbie investors, you have to start accumulating Bitcoin either through the DCA accumulating strategy, a situation where you buy Bitcoin bit by bit either weekly or monthly depending on how much you can afford from you discretionary income or you accumulate it through the lumps sum strategy, a situation whereby you mostly buy when their is a dip in price of Bitcoin, but take note that as  you are  buying, you are aiming to hold for a very long period of time like 10 to 20 years time from now.

You just repeated what Yablee0 said.
Point of correction, both of you are getting the meaning of buying with lump sum wrongly. When we talk about lump sum doesn’t mean that you keep the cash on you and start waiting till the price of bitcoin dips before buying. Lump sum means that you are buying immediately with the amount of money you have on you at once from an unbudgted funds, no matter the price of bitcoin at that time you are buying wether the price is high or dip. Don't misuse or confuse yourselves with this words so that don't be waiting for a dip and thinking you want to lump sum so that you don't use the wrong strategy at the wrong time.

Then when all this is in place, you have to pay deaf ear to the speculations and outside noise about Bitcoin, so that you wouldn't sell in panic when their is a strong dip in price of Bitcoin.

Having a bitcoin long-term investment goal and your believe in bitcoin is enough for you not to take any news serious because that's not your main focus but to reach your bitcoin target.

[Miles2006]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

The last paragraph talks about buying the dip, lump sum simply means buying with a nice amount that’s considered huge by an investor not minding the market price. This strategy is not the best for those with large funds because choosing a strategy doesn’t only depends on your funds generally your plans and goal determines the suitable strategy like how long can an investor hold buying consistent using a strategy is an example. Investors can always go for a different strategy anytime when the funds is available for example buying the dip, well the dca is a popular strategy not because it’s the best of course there’s no such as best rather most investors usually receive their income monthly and in aline with investing makes planning easy.

[JayJuanGee]

[edited out]

It's very true what you say as long as we don't stress about collecting bitcoins, even though for example we already have a lot of bitcoins, of course that is a good thing and indeed for some people there will definitely be a time when they feel enough with the BTC they get, but of course we also don't blame them because Of course that is his right and of course everyone has different thoughts and different ideals.

but it seems that I also agree with you because to be honest, up to now I personally have never been satisfied with collecting BTC because for me buying using the DCA system and of course using money that is ready to be lost to buy BTC for me is certainly not a difficult thing because it doesn't harm my daily life. today and honestly I see the higher the price of BTC, the more I want to continue DCA because I see that currently there are still a few people buying BTC because there are quite a few people who prefer to invest in altcoins and don't want to invest in BTC and of course in my opinion Surely someday it will happen that people will be disappointed with altcoins and surely in the end BTC will be the final goal. So I personally looked in that direction and I also heard the news that one day in the future the price of BTC will be stable and the prices will not fluctuate or fluctuate much because there are so many users, so for me personally I will continue to be enthusiastic about DCA.

You have been registered on the forum for less than 2 years.  So have you been accumulating bitcoin for that amount of time or longer?

I have a hard time figuring out how most people would be able to accumulate enough BTC in less than 2 years, especially with the BTC price pretty much going up the whole time.

Sorry for the late reply, I've been starting DCA for about a year and of course I'm collecting as much as I can, at that time since the BTC price was more or less under $20k. At that time I realized and read on this forum that the DCA system is one of the best ways to collect BTC.

It's true that I haven't collected a lot of BTC, but I realize that of course it's never too late to start and stay enthusiastic and do DCA regularly, but honestly I feel happy, even though at the moment I haven't collected much BTC, at least I've succeeded in doing DCA and this really makes me happy. I am happy. 

Indeed, it doesn't feel easy when you look at the price of BTC because the price continues to rise, but what is certain is that because I put in money that I was ready to lose, which was put into buying BTC, of ​​course it felt very light and definitely without a burden.

Your situation is even worse than i expected, and so yeah, everyone feels like a genius if they are buying BTC and the BTC price is going up.  You likely need to make it through at least a whole cycle and maybe even two cycles to figure out if you have been successful in mostly buying bitcoin and building your stash while NOT getting distracted into selling or shitcoin or other kinds of distractions that can come, especially if you are buying and the BTC price is largely going up the whole time.

[edited out]

Very impressive explanation JJG. However, it's good to note that loans of these good interest rates and comfortable conditions are gotten from government agencies, banks and other less greedy loan merchants. It is also noteworthy that this kind of loans are not easily obtainable by people who do not have complimentary collateral to present, thereby limiting poorer people's access to such loans.

In my country, it takes a lot and more like an eternity to be given these kind of loans and the loans that are easily accessible are those given by loan sharks who charge as high as 25% interest for just 30 days, which stipulates that in less than 5 months, you'll be accruing an interest of 100% of the loan amount. Those aren't suit for this kind of swipe at Bitcoin investment and I personally don't think it's a good option since the interest can end up putting the borrower in a big mess.

You are correct.  The worse the loan terms, the less justifiable to enter into such loan, and I already mentioned that even though I was describing a loan example with a 2.5 year term, many times people will have trouble getting any loan for that long - yet not everyone is in the same situation, so there can be acceptable loan terms that people can get, in which it becomes more tempting to take advantage of better loan terms, especially if you know about some kind of a way to use the loan to make more money than it costs to pay the interest (and other service fees) associated with the loan.

Of course, I also mentioned that anyone planning to take any loan should be able to have abilities to pay back the loan with proceeds other than what is being invested into, especially in our example of a loan that is planned to be used to buy bitcoin.

[Btcdeybodi]

Indeed, it doesn't feel easy when you look at the price of BTC because the price continues to rise, but what is certain is that because I put in money that I was ready to lose, which was put into buying BTC, of ​​course it felt very light and definitely without a burden.

I prefer you say investing with a discretionary amount because saying that you invest with an amount you can afford to lose seems to me that you are undecided about the productivity of the asset you are investing on thereby you can reluctantly invest lower amounts in your DCA even if you have enough discretionary amount to boost your investment. Investing with an amount you can afford to lose do not necessarily mean that you should have that mentality that it can be lost especially if you have a long term mindset. It is mostly those with short term plan that worries more about the amount they invested with, even though it is an amount they can afford to lose without having a deep feeling of emotions if actually such scenario turns up in the future. Bitcoin has gone above those days when most people were investing in it with fear of it crashing along the line. However, it is not a prerequisite that you will make profits at every point in your investment in bitcoin but there is need to have that positive mindset while investing at the level of your discretionary income.

[Futurexxx]

Indeed, it doesn't feel easy when you look at the price of BTC because the price continues to rise, but what is certain is that because I put in money that I was ready to lose, which was put into buying BTC, of ​​course it felt very light and definitely without a burden.

I prefer you say investing with a discretionary amount because saying that you invest with an amount you can afford to lose seems to me that you are undecided about the productivity of the asset you are investing on thereby you can reluctantly invest lower amounts in your DCA even if you have enough discretionary amount to boost your investment. Investing with an amount you can afford to lose do not necessarily mean that you should have that mentality that it can be lost especially if you have a long term mindset. It is mostly those with short term plan that worries more about the amount they invested with, even though it is an amount they can afford to lose without having a deep feeling of emotions if actually such scenario turns up in the future. Bitcoin has gone above those days when most people were investing in it with fear of it crashing along the line. However, it is not a prerequisite that you will make profits at every point in your investment in bitcoin but there is need to have that positive mindset while investing at the level of your discretionary income.

I think that the right statement he should have used is investing with an amount of money you can do away without for a very long period of time, because Bitcoin investment is not gambling whereby you gamble with an amount you can afford to lose, truly long are those days when investors are investing with fear that Bitcoin will not be worth it, but as of today, even haters of Bitcoin knows that it's steadily on the rise, it's just a matter of time, so it's best to use the statement of investing an amount you can do away with for a very long time, than to say invest with an amount you are willing to lose.

[Popkon6]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

Investing in Bitcoin is very easy, but it is very important to know the strategies on how to sustain the investment in the long term. A person can sustain Bitcoin in the long term only when he can manage his money properly.
Because if you have just started investing in Bitcoin and cannot find a place to earn extra money, you will not be able to sustain your Bitcoin investment immediately, that is why I say that if your place of income or job is confirmed and the money you get from there meets the basic needs of the family or basic needs, then invest in Bitcoin with the extra money that remains.
 If a person invests in this way, then he will definitely be able to sustain his Bitcoin investment for a long time, and patience is needed to sustain Bitcoin investment in the long term

[avp2306]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

Investing in Bitcoin is very easy, but it is very important to know the strategies on how to sustain the investment in the long term. A person can sustain Bitcoin in the long term only when he can manage his money properly.
Because if you have just started investing in Bitcoin and cannot find a place to earn extra money, you will not be able to sustain your Bitcoin investment immediately, that is why I say that if your place of income or job is confirmed and the money you get from there meets the basic needs of the family or basic needs, then invest in Bitcoin with the extra money that remains.
 If a person invests in this way, then he will definitely be able to sustain his Bitcoin investment for a long time, and patience is needed to sustain Bitcoin investment in the long term

Yes easy if we talk about buying it then hold for long time. What makes it harder is how you gonna deal with your emotion for seeing those volatile movement of Bitcoin since there's unexpected situation that will come up that will test our patience and belief.

That's why aside for accumulating Bitcoin we should have at least basic knowledge so that we would know how to determine right and correct information since there are to many misleading things spread by people online.

Also its important to have a good cash flow since this is important when dealing with Bitcoin for long term since if you can consistently accumulate it without getting any outside issue, the chance for us to succeed is high.

[Mayor of ogba]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

Hello Yablee0, Are you asking us a question that will help you know how the DCA strategy works? Because I noticed at the end of your post you were explaining the lump sum strategy, and you are also much more interested in the lump sum strategy. What you just explained as the lump sum strategy is not the true definition of the lump sum strategy but the buying the dip strategy. The lump sum strategy is when you use a large amount of money and invest in bitcoin at once. But as a newbie, the lump sum strategy is not basically meant for you at the beginning of your bitcoin investment because you are yet to figure out your finances and if you will have good discretionary income that would allow you to afford the lump sum strategy at the beginning of your bitcoin investment. But as a lower coiner or newbie in bitcoin investment, the DCA strategy is the perfect strategy for you because it will always allow you to accumulate bitcoin at any given price whenever your discretionary income is readily available, which will give you the advantage and the opportunity to always accumulate bitcoin consistently. 

[$crypto$]

Investing in Bitcoin is very easy, but it is very important to know the strategies on how to sustain the investment in the long term. A person can sustain Bitcoin in the long term only when he can manage his money properly.
Because if you have just started investing in Bitcoin and cannot find a place to earn extra money, you will not be able to sustain your Bitcoin investment immediately, that is why I say that if your place of income or job is confirmed and the money you get from there meets the basic needs of the family or basic needs, then invest in Bitcoin with the extra money that remains.
 If a person invests in this way, then he will definitely be able to sustain his Bitcoin investment for a long time, and patience is needed to sustain Bitcoin investment in the long term

Yes easy if we talk about buying it then hold for long time. What makes it harder is how you gonna deal with your emotion for seeing those volatile movement of Bitcoin since there's unexpected situation that will come up that will test our patience and belief.

That's why aside for accumulating Bitcoin we should have at least basic knowledge so that we would know how to determine right and correct information since there are to many misleading things spread by people online.

Also its important to have a good cash flow since this is important when dealing with Bitcoin for long term since if you can consistently accumulate it without getting any outside issue, the chance for us to succeed is high.

In bitcoin investment ---- Patience, managing, finance is very important if you can control it then the possibility of long-term investment will run smoothly even though in the middle of the road there are always twists and turns but somehow we must be prepared to face it.

For me is to maintain monthly income, in addition to other sources, financial management will be very good for our needs and put dollars in bitcoin, yes as you say cash flow must be maintained.

What I do ---- additional sources will be entered into bitcoin in addition to a percentage of monthly income so that a little aggressive investment will be able to produce more coins.

There are also other problems, of course it will be adjusted and it will not be as long as the accumulation becomes aggressive, the important thing is to keep buying every week because this is part of the original plan.

[Ricardo11]

Gud evening everyone. My little take on the above topic, it all about buying of bitcoin in dca, simply mean buying bit by bit as much as your pocket can buy and holding it for a long period of time. Or buying by lump sum: buying by this method is mostly best for people that has much funds, because you target to buy when the prize drop  and in large portion of it (bitcoin),and hold for long periods of time.

Investing in Bitcoin is very easy, but it is very important to know the strategies on how to sustain the investment in the long term. A person can sustain Bitcoin in the long term only when he can manage his money properly.
Because if you have just started investing in Bitcoin and cannot find a place to earn extra money, you will not be able to sustain your Bitcoin investment immediately, that is why I say that if your place of income or job is confirmed and the money you get from there meets the basic needs of the family or basic needs, then invest in Bitcoin with the extra money that remains.
 If a person invests in this way, then he will definitely be able to sustain his Bitcoin investment for a long time, and patience is needed to sustain Bitcoin investment in the long term

In fact, everyone can invest, but the most important thing is to maintain the investment for a long time. As easy as it is to invest in Bitcoin, it is difficult to maintain it in the long term, especially if an investor is financially unstable, does not have a fixed source of income, or does not have any funds ready.
Bitcoin is a long-term asset, if a investor want to achieve the possibility of profit by investing in this asset, so he must definitely hold it for the long term, because it is very difficult to make money from Bitcoin investment by holding it for the short term. However, the possibility of profit is much higher if you hold it for the long term, but we will never be guaranteed to make a profit in any way. That is why to invest, you should invest with extra money to meet the basic needs of the family and other expenses, which you will not have to face any problems even if you lose it.

[sotelorene]

Indeed, it doesn't feel easy when you look at the price of BTC because the price continues to rise, but what is certain is that because I put in money that I was ready to lose, which was put into buying BTC, of ​​course it felt very light and definitely without a burden.

I prefer you say investing with a discretionary amount because saying that you invest with an amount you can afford to lose seems to me that you are undecided about the productivity of the asset you are investing on thereby you can reluctantly invest lower amounts in your DCA even if you have enough discretionary amount to boost your investment. Investing with an amount you can afford to lose do not necessarily mean that you should have that mentality that it can be lost especially if you have a long term mindset. It is mostly those with short term plan that worries more about the amount they invested with, even though it is an amount they can afford to lose without having a deep feeling of emotions if actually such scenario turns up in the future. Bitcoin has gone above those days when most people were investing in it with fear of it crashing along the line. However, it is not a prerequisite that you will make profits at every point in your investment in bitcoin but there is need to have that positive mindset while investing at the level of your discretionary income.

If I may ask, where do you think the money an investor can not afford to lose is or will come from? off course any money an investor will say he or she wants to use for investment and they can afford to lose it, is from there discretionary or reserve funds unless the investor doesn't understand... So he or she is not wrong by saying investing what we can afford to loss and you could not tell for sure what mentality he or she has about the statement and as a matter of fact he or she didn't emphasize on it to the point one will think  he or she will be investing in Bitcoin reluctantly. Even though I will love to say that some people have a better knowledge and understanding of Bitcoin investment I will also want to tell you that there are people who is investing in Bitcoin with fear even till tomorrow, have you ask yourself why is some rich folk investing below what they are suppose to...

[Jewan420]

I think that the right statement he should have used is investing with an amount of money you can do away without for a very long period of time, because Bitcoin investment is not gambling whereby you gamble with an amount you can afford to lose, truly long are those days when investors are investing with fear that Bitcoin will not be worth it, but as of today, even haters of Bitcoin knows that it's steadily on the rise, it's just a matter of time, so it's best to use the statement of investing an amount you can do away with for a very long time, than to say invest with an amount you are willing to lose.

Money that you can afford to lose doesn't mean you're losing it. Bitcoin is in a position where it's virtually impossible to lose it. Money that you can afford to lose is money that you'll never need. But you can use that money after you reach your goal. If you use money that you'll need after a certain period of time, no matter how long that period is, it can force you to make unexpected sales. Suppose you use money that you won't need for 10 years and your investment goal is 10 years. What if you want to extend your investment after 10 years? If you use money that you don't need, you can extend the new term of your investment.

Another reason to invest money that you can afford to lose is that if you accidentally forget the seed part of your wallet, lose access, then your money will be lost, are you ready for that time? It is best to invest money that you can afford to lose, taking all aspects into consideration, so that even if the investment is lost someday, it does not have any negative impact on real life.