Buy Buy Buy or Sell Sell Sell?

[Frankolala]

It would be very wrong if there are people who still have the mindset of buying Bitcoin to sell it again in the near future just because there is a slight increase in the price of Bitcoin. Although the person may have bought Bitcoin at a low price, but if the goal is not for long-term investment and only wants to take a small profit like a trader, of course such an action will not provide better benefits for him.

Because Bitcoin is always better stored for the long term with a much greater profit target and this has been proven many times through the four-year cycle that has occurred in Bitcoin, so what are you doubting? As for altcoins themselves, I do not recommend that they be stored in the long term and are indeed worth trading in the short term for any profit because the profit can also be used again to buy Bitcoin.

Of course the main foundation of investing is that our personal financial goals must be achieved and not all must always take long-term investment positions and become speculative traders but try as much as possible we must be able to take advantage of Bitcoin's momentum for the long term. for fake altcoins of course not but if it has a use case and fundamentals like the familiar ones we observe such as Ethereum of course it is highly recommended by many people in this forum.

Shitcoin is shitcoin no matter what people say about them. Also your statement can be misleading to newbies for them to think that Etherum is good to invest in, which is not true. Only bitcoin is unique and has the power to transform your purchased bitcoin overtime into something of big value, because it's still growing and is a store of value and a hedge against inflation.

Newbies should only invest in bitcoin with part of your discretionary income every week consistent and persistent DCAing for 4-10 years and above. Focus on your bitcoin target and keep your bitcoin accumulation ongoing overtime. There's no hope with shitcoin(Etherum) but there is hope with bitcoin in future.

Don't gamble with your funds by investing on shitcoins because you will regret it.

[Ricardo11]

It would be very wrong if there are people who still have the mindset of buying Bitcoin to sell it again in the near future just because there is a slight increase in the price of Bitcoin. Although the person may have bought Bitcoin at a low price, but if the goal is not for long-term investment and only wants to take a small profit like a trader, of course such an action will not provide better benefits for him.

Because Bitcoin is always better stored for the long term with a much greater profit target and this has been proven many times through the four-year cycle that has occurred in Bitcoin, so what are you doubting? As for altcoins themselves, I do not recommend that they be stored in the long term and are indeed worth trading in the short term for any profit because the profit can also be used again to buy Bitcoin.

Of course the main foundation of investing is that our personal financial goals must be achieved and not all must always take long-term investment positions and become speculative traders but try as much as possible we must be able to take advantage of Bitcoin's momentum for the long term. for fake altcoins of course not but if it has a use case and fundamentals like the familiar ones we observe such as Ethereum of course it is highly recommended by many people in this forum.

Bitcoin is a long-term asset, The current stage of Bitcoin, if you study this stage, it is very clear that Bitcoin is going to go to a very strong stage in the future. As Bitcoin's popularity and acceptance is increasing, Bitcoin is going to skyrocket very quickly.
There is a high possibility that Bitcoin will cross $1M in the next few years. However, to achieve this profit, if an investor is disciplined and observant, and consistently runs DCA, then he will have a much higher chance of achieving this profit.
Yes, also Ethereum, it is an established currency, it is also likely to yield positive results in the long term, but not more than Bitcoin. If you are investing for a long-term goal, I will advise you to invest only in Bitcoin.

[JayJuanGee]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important and most useful aspect for new investors is to create a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have. I am constantly investing regularly with my smallest source of income, increasing the income festival has not become very important to me yet.

that's right, "that in order for an investor to increase his investment amount, he must first increase his income amount". But Creating a strong source of income is not always an easy task, but if you invest correctly according to the proper management of your income, then in this way you can create a good amount of your bitcoin investment foundation.
You first continue to invest according to your current income. Continue DCA through the right investment strategy, good management of savings and expenses, and do long-term holding.

Creating a strong source of income is not always easy, but you must do it before investing. Because if you cannot create a strong source of income before investing, it may not be possible for you to buy Bitcoin regularly. You mentioned that you continue to invest according to your current income. Maybe I have already mentioned earlier that I am investing regularly through my smallest income, maybe a small amount but I believe it will gradually increase.

You continue DCA regularly with any amount of money according to your ability, and hold continuously for the next 3 cycles, this will definitely bring big success.

I have had an idea about the DCA strategy for a long time, so investing in this method is nothing new to me. Holding Bitcoin up to the next three cycles, even though it can be a great decision, many may still want to retain their investment up to two cycles. You will be big successful in investing only when you feel that you have had enough bitcoin.

Of course, it will be helpful to have a strong source of income before getting into bitcoin, yet it is not necessary to have a strong source of income before getting started in bitcoin.   At the same time, it is quite logical that if any of us plan to hold (and continue to invest) into bitcoin for 4-10 years or longer, then there has to be some ways that we continue to generate income that is at least enough to support our expenses so that we do not have to tap into our bitcoin investment at anytime that is prior to our own choosing.. .. yet we also know that many folks do not have steady incomes and even have to struggle to keep whatever income that they have flowing, and they will come into much better financial and psychological circumstances if they are able to improve the strength of their income.. but it is also is not necessary to establish a strong source of income prior to getting involved in bitcoin, even though surely our bitcoin investing will likely become stronger if we are able to improve our income amount and our income reliability.

[Btcdeybodi]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important and most useful aspect for new investors is to create a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have. I am constantly investing regularly with my smallest source of income, increasing the income festival has not become very important to me yet.

that's right, "that in order for an investor to increase his investment amount, he must first increase his income amount". But Creating a strong source of income is not always an easy task, but if you invest correctly according to the proper management of your income, then in this way you can create a good amount of your bitcoin investment foundation.
You first continue to invest according to your current income. Continue DCA through the right investment strategy, good management of savings and expenses, and do long-term holding.

Creating a strong source of income is not always easy, but you must do it before investing. Because if you cannot create a strong source of income before investing, it may not be possible for you to buy Bitcoin regularly. You mentioned that you continue to invest according to your current income. Maybe I have already mentioned earlier that I am investing regularly through my smallest income, maybe a small amount but I believe it will gradually increase.

You continue DCA regularly with any amount of money according to your ability, and hold continuously for the next 3 cycles, this will definitely bring big success.

I have had an idea about the DCA strategy for a long time, so investing in this method is nothing new to me. Holding Bitcoin up to the next three cycles, even though it can be a great decision, many may still want to retain their investment up to two cycles. You will be big successful in investing only when you feel that you have had enough bitcoin.

Of course, it will be helpful to have a strong source of income before getting into bitcoin, yet it is not necessary to have a strong source of income before getting started in bitcoin.   At the same time, it is quite logical that if any of us plan to hold (and continue to invest) into bitcoin for 4-10 years or longer, then there has to be some ways that we continue to generate income that is at least enough to support our expenses so that we do not have to tap into our bitcoin investment at anytime that is prior to our own choosing.. .. yet we also know that many folks do not have steady incomes and even have to struggle to keep whatever income that they have flowing, and they will come into much better financial and psychological circumstances if they are able to improve the strength of their income.. but it is also is not necessary to establish a strong source of income prior to getting involved in bitcoin, even though surely our bitcoin investing will likely become stronger if we are able to improve our income amount and our income reliability.

Sure, whomever that is very determined to invest in bitcoin will not think of establishing a reliable source of income at that initial stage when they want to start their investment but they can buy with any amount they can invest in without being affected by other demands. One can decide to seek for a concrete source of income later on and by then, they are already hodlers. Wanting to affirm a stable source of income prior to investing in bitcoin will only result to either delay in time of accumulation or missing out an opportunity to acquire bitcoin at cheaper prices.

[Proty]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important and most useful aspect for new investors is to create a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have. I am constantly investing regularly with my smallest source of income, increasing the income festival has not become very important to me yet.

that's right, "that in order for an investor to increase his investment amount, he must first increase his income amount". But Creating a strong source of income is not always an easy task, but if you invest correctly according to the proper management of your income, then in this way you can create a good amount of your bitcoin investment foundation.
You first continue to invest according to your current income. Continue DCA through the right investment strategy, good management of savings and expenses, and do long-term holding.

Creating a strong source of income is not always easy, but you must do it before investing. Because if you cannot create a strong source of income before investing, it may not be possible for you to buy Bitcoin regularly. You mentioned that you continue to invest according to your current income. Maybe I have already mentioned earlier that I am investing regularly through my smallest income, maybe a small amount but I believe it will gradually increase.

You continue DCA regularly with any amount of money according to your ability, and hold continuously for the next 3 cycles, this will definitely bring big success.

I have had an idea about the DCA strategy for a long time, so investing in this method is nothing new to me. Holding Bitcoin up to the next three cycles, even though it can be a great decision, many may still want to retain their investment up to two cycles. You will be big successful in investing only when you feel that you have had enough bitcoin.

Of course, it will be helpful to have a strong source of income before getting into bitcoin, yet it is not necessary to have a strong source of income before getting started in bitcoin.   At the same time, it is quite logical that if any of us plan to hold (and continue to invest) into bitcoin for 4-10 years or longer, then there has to be some ways that we continue to generate income that is at least enough to support our expenses so that we do not have to tap into our bitcoin investment at anytime that is prior to our own choosing.. .. yet we also know that many folks do not have steady incomes and even have to struggle to keep whatever income that they have flowing, and they will come into much better financial and psychological circumstances if they are able to improve the strength of their income.. but it is also is not necessary to establish a strong source of income prior to getting involved in bitcoin, even though surely our bitcoin investing will likely become stronger if we are able to improve our income amount and our income reliability.

Yes it is not necessary that one must have a strong source of income before starting his bitcoin investment because ones you have the discretionary income you are good to go. I always advise low income earner to start with the dca strategy instead of waiting to have a strong source of income before starting there investments. Early last month I met a guy that was actually having this kind of mindset of having a strong source of income before starting his investment so I was able to convince him to start his bitcoin investment using the dca strategy and also be working on improving his income while still accumulating bitcoin.

[JayJuanGee]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important and most useful aspect for new investors is to create a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have. I am constantly investing regularly with my smallest source of income, increasing the income festival has not become very important to me yet.

that's right, "that in order for an investor to increase his investment amount, he must first increase his income amount". But Creating a strong source of income is not always an easy task, but if you invest correctly according to the proper management of your income, then in this way you can create a good amount of your bitcoin investment foundation.
You first continue to invest according to your current income. Continue DCA through the right investment strategy, good management of savings and expenses, and do long-term holding.

Creating a strong source of income is not always easy, but you must do it before investing. Because if you cannot create a strong source of income before investing, it may not be possible for you to buy Bitcoin regularly. You mentioned that you continue to invest according to your current income. Maybe I have already mentioned earlier that I am investing regularly through my smallest income, maybe a small amount but I believe it will gradually increase.

You continue DCA regularly with any amount of money according to your ability, and hold continuously for the next 3 cycles, this will definitely bring big success.

I have had an idea about the DCA strategy for a long time, so investing in this method is nothing new to me. Holding Bitcoin up to the next three cycles, even though it can be a great decision, many may still want to retain their investment up to two cycles. You will be big successful in investing only when you feel that you have had enough bitcoin.

Of course, it will be helpful to have a strong source of income before getting into bitcoin, yet it is not necessary to have a strong source of income before getting started in bitcoin.   At the same time, it is quite logical that if any of us plan to hold (and continue to invest) into bitcoin for 4-10 years or longer, then there has to be some ways that we continue to generate income that is at least enough to support our expenses so that we do not have to tap into our bitcoin investment at anytime that is prior to our own choosing.. .. yet we also know that many folks do not have steady incomes and even have to struggle to keep whatever income that they have flowing, and they will come into much better financial and psychological circumstances if they are able to improve the strength of their income.. but it is also is not necessary to establish a strong source of income prior to getting involved in bitcoin, even though surely our bitcoin investing will likely become stronger if we are able to improve our income amount and our income reliability.

Yes it is not necessary that one must have a strong source of income before starting his bitcoin investment because ones you have the discretionary income you are good to go. I always advise low income earner to start with the dca strategy instead of waiting to have a strong source of income before starting there investments. Early last month I met a guy that was actually having this kind of mindset of having a strong source of income before starting his investment so I was able to convince him to start his bitcoin investment using the dca strategy and also be working on improving his income while still accumulating bitcoin.

Of course, getting started investing is one thing, and another thing is continuing to buy bitcoin.  For sure, if anyone has a long term investment time horizon, then it is going to be much better for them  to shore up their income and/or their emergency funds.. and there are guys with both unstable income and unstable expenses, and sometimes it might take them guys time to get their finances in order, whether they improve matters on the income side or on the expenses side or both.

[Tamaperdana]

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.

That's right, someone who invests in bitcoin must be able to increase their income, so that the investor has more cold cash to be able to invest more in bitcoin. However, increasing your income is not as easy as you imagine, because extra hard work is needed to achieve this. Especially for bitcoin investors who have office jobs where it is very difficult to get a salary increase, in my opinion it is more difficult for these investors to increase their income. Because of course these investors don't have much time to develop their innovations, because they spend a lot of time working in the office. Therefore, the solution for people like this may be to simply save and not have to buy something if it is not necessary. And besides, even if a bitcoin investor cannot increase his income. I don't think this will be a barrier to continuing to invest in bitcoin. Because the important thing is that the money invested is cold money, even if the nominal value is small. So basically this (being able to increase income) when investing in bitcoin, may not be mandatory, because in reality not everyone can do it.

[sotelorene]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important and most useful aspect for new investors is to create a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have. I am constantly investing regularly with my smallest source of income, increasing the income festival has not become very important to me yet.

that's right, "that in order for an investor to increase his investment amount, he must first increase his income amount". But Creating a strong source of income is not always an easy task, but if you invest correctly according to the proper management of your income, then in this way you can create a good amount of your bitcoin investment foundation.
You first continue to invest according to your current income. Continue DCA through the right investment strategy, good management of savings and expenses, and do long-term holding.

Creating a strong source of income is not always easy, but you must do it before investing. Because if you cannot create a strong source of income before investing, it may not be possible for you to buy Bitcoin regularly. You mentioned that you continue to invest according to your current income. Maybe I have already mentioned earlier that I am investing regularly through my smallest income, maybe a small amount but I believe it will gradually increase.

You continue DCA regularly with any amount of money according to your ability, and hold continuously for the next 3 cycles, this will definitely bring big success.

I have had an idea about the DCA strategy for a long time, so investing in this method is nothing new to me. Holding Bitcoin up to the next three cycles, even though it can be a great decision, many may still want to retain their investment up to two cycles. You will be big successful in investing only when you feel that you have had enough bitcoin.

Of course, it will be helpful to have a strong source of income before getting into bitcoin, yet it is not necessary to have a strong source of income before getting started in bitcoin.   At the same time, it is quite logical that if any of us plan to hold (and continue to invest) into bitcoin for 4-10 years or longer, then there has to be some ways that we continue to generate income that is at least enough to support our expenses so that we do not have to tap into our bitcoin investment at anytime that is prior to our own choosing.. .. yet we also know that many folks do not have steady incomes and even have to struggle to keep whatever income that they have flowing, and they will come into much better financial and psychological circumstances if they are able to improve the strength of their income.. but it is also is not necessary to establish a strong source of income prior to getting involved in bitcoin, even though surely our bitcoin investing will likely become stronger if we are able to improve our income amount and our income reliability.

Yes it is not necessary that one must have a strong source of income before starting his bitcoin investment because ones you have the discretionary income you are good to go. I always advise low income earner to start with the dca strategy instead of waiting to have a strong source of income before starting there investments. Early last month I met a guy that was actually having this kind of mindset of having a strong source of income before starting his investment so I was able to convince him to start his bitcoin investment using the dca strategy and also be working on improving his income while still accumulating bitcoin.

I totally agree with you and this reason has made a lot of people who has interest in Bitcoin investment change their mind because they don't know that they can actually investment in Bitcoin even when they don't have a strong source of income. No investment is in-built, they are always start from somewhere either small or big because some persons income differs from others. Just like JJG has said, it is best or better to start up your investment first and then along the line or with time everything will be settled provided you are serious with your investment. Convincing someone to invest in Bitcoin can be disastrous sometimes that is if something went wrong.

[Fara Chan]

Of course the main foundation of investing is that our personal financial goals must be achieved and not all must always take long-term investment positions and become speculative traders but try as much as possible we must be able to take advantage of Bitcoin's momentum for the long term. for fake altcoins of course not but if it has a use case and fundamentals like the familiar ones we observe such as Ethereum of course it is highly recommended by many people in this forum.

Investors and traders are two people with different positions for this even though the two people can do both in the same time as the goal of increasing profits in a certain time. But what needs to be understood here is about buying bitcoin for long -term investment even with the amount of capital that is improvised, but if it can be done routinely by anyone, then the effect can also be extraordinary for that person. And for Altcoin, it seems that it still has to be smarter in the selection so that I will not recommend anything for that even though the altcoin you say is also not bad to have.

[GiftedMAN]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important and most useful aspect for new investors is to create a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have. I am constantly investing regularly with my smallest source of income, increasing the income festival has not become very important to me yet.

that's right, "that in order for an investor to increase his investment amount, he must first increase his income amount". But Creating a strong source of income is not always an easy task, but if you invest correctly according to the proper management of your income, then in this way you can create a good amount of your bitcoin investment foundation.
You first continue to invest according to your current income. Continue DCA through the right investment strategy, good management of savings and expenses, and do long-term holding.

Creating a strong source of income is not always easy, but you must do it before investing. Because if you cannot create a strong source of income before investing, it may not be possible for you to buy Bitcoin regularly. You mentioned that you continue to invest according to your current income. Maybe I have already mentioned earlier that I am investing regularly through my smallest income, maybe a small amount but I believe it will gradually increase.

You continue DCA regularly with any amount of money according to your ability, and hold continuously for the next 3 cycles, this will definitely bring big success.

I have had an idea about the DCA strategy for a long time, so investing in this method is nothing new to me. Holding Bitcoin up to the next three cycles, even though it can be a great decision, many may still want to retain their investment up to two cycles. You will be big successful in investing only when you feel that you have had enough bitcoin.

Of course, it will be helpful to have a strong source of income before getting into bitcoin, yet it is not necessary to have a strong source of income before getting started in bitcoin.   At the same time, it is quite logical that if any of us plan to hold (and continue to invest) into bitcoin for 4-10 years or longer, then there has to be some ways that we continue to generate income that is at least enough to support our expenses so that we do not have to tap into our bitcoin investment at anytime that is prior to our own choosing.. .. yet we also know that many folks do not have steady incomes and even have to struggle to keep whatever income that they have flowing, and they will come into much better financial and psychological circumstances if they are able to improve the strength of their income.. but it is also is not necessary to establish a strong source of income prior to getting involved in bitcoin, even though surely our bitcoin investing will likely become stronger if we are able to improve our income amount and our income reliability.

Yes it is not necessary that one must have a strong source of income before starting his bitcoin investment because ones you have the discretionary income you are good to go. I always advise low income earner to start with the dca strategy instead of waiting to have a strong source of income before starting there investments. Early last month I met a guy that was actually having this kind of mindset of having a strong source of income before starting his investment so I was able to convince him to start his bitcoin investment using the dca strategy and also be working on improving his income while still accumulating bitcoin.

I totally agree with you and this reason has made a lot of people who has interest in Bitcoin investment change their mind because they don't know that they can actually investment in Bitcoin even when they don't have a strong source of income. No investment is in-built, they are always start from somewhere either small or big because some persons income differs from others. Just like JJG has said, it is best or better to start up your investment first and then along the line or with time everything will be settled provided you are serious with your investment. Convincing someone to invest in Bitcoin can be disastrous sometimes that is if something went wrong.

People who change their minds towards Bitcoin investment are people who are not well informed or the people who do not want to make their own research to know more about what Bitcoin investment is all about, yes you need source of income to have a good investment but you don't necessarily need to have millions or be paid in millions before choosing to buy Bitcoin all you need is a step, take the bold step to start your investment journey with the little amount you have, keep working to increase your income even as you stay away from luxury things that will depreciate with time, if you are consistent with your buying of Bitcoin with the little amount you will be surprised to see how much you are able to invest in the nearest future. Most people who are scared of Bitcoin investment are the people who speed on unnecessary items, they do not consider the future they plan to own the Ireland without making financial plans through good investment like Bitcoin that's why you keep telling them to invest they will find it difficult because they don't believe in having a better future tomorrow and they don't consider the betterment of their children if they have got good plans.

[bitzizzix]

Of course the main foundation of investing is that our personal financial goals must be achieved and not all must always take long-term investment positions and become speculative traders but try as much as possible we must be able to take advantage of Bitcoin's momentum for the long term. for fake altcoins of course not but if it has a use case and fundamentals like the familiar ones we observe such as Ethereum of course it is highly recommended by many people in this forum.

Investors and traders are two people with different positions for this even though the two people can do both in the same time as the goal of increasing profits in a certain time. But what needs to be understood here is about buying bitcoin for long -term investment even with the amount of capital that is improvised, but if it can be done routinely by anyone, then the effect can also be extraordinary for that person. And for Altcoin, it seems that it still has to be smarter in the selection so that I will not recommend anything for that even though the altcoin you say is also not bad to have.

And both have different ways and times and in my opinion it is better to choose one of the two that you think is better and in accordance with the existing income and also the time to get it to determine a safer choice and also has a lower risk or even no risk at all if everything is done for the long term.
For trading if you have limited money in my opinion it is not the right choice to do trading because the trading results will be determined by how much you do it and you also have to really have experience, knowledge and also enough time to do it and this is what you have to think about besides having a limited income.

And for those who have limited income if you choose Bitcoin by making periodic purchases according to your ability, this is a smart way that will increase long-term ownership that will create huge profits in 5-10 years if you do it consistently and also don't give up to continue looking for additional income so that you can increase purchases so that you can continue to do it periodically and also create an emergency fund. And I do not recommend and talk about altcoins and if you have to choose in terms of profit, I say only Bitcoin is the best and safest and for the long term.

[Barikui1]

People who change their minds towards Bitcoin investment are people who are not well informed or the people who do not want to make their own research to know more about what Bitcoin investment is all about, yes you need source of income to have a good investment but you don't necessarily need to have millions or be paid in millions before choosing to buy Bitcoin all you need is a step, take the bold step to start your investment journey with the little amount you have, keep working to increase your income even as you stay away from luxury things that will depreciate with time, if you are consistent with your buying of Bitcoin with the little amount you will be surprised to see how much you are able to invest in the nearest future. Most people who are scared of Bitcoin investment are the people who speed on unnecessary items, they do not consider the future they plan to own the Ireland without making financial plans through good investment like Bitcoin that's why you keep telling them to invest they will find it difficult because they don't believe in having a better future tomorrow and they don't consider the betterment of their children if they have got good plans.

I think that it's more of having the will to do so, because even if an investor know how important or profitable an investment is, he wouldn't still do it if  he doesn't have the will or isn't interested, he will always have an excuse why he hasn't buy uptil date.
So it's more of having the will, that's why you will see someone earning less but due to the fact that he really wants to invest in Bitcoin, he will still be buying a little fraction of Bitcoin from the salary he received from his less paying job either weekly or monthly, so the desired to do so is must be there before an investor invest in Bitcoin in the first place.

[MainIbem]

Of course the main foundation of investing is that our personal financial goals must be achieved and not all must always take long-term investment positions and become speculative traders but try as much as possible we must be able to take advantage of Bitcoin's momentum for the long term. for fake altcoins of course not but if it has a use case and fundamentals like the familiar ones we observe such as Ethereum of course it is highly recommended by many people in this forum.

Investors and traders are two people with different positions for this even though the two people can do both in the same time as the goal of increasing profits in a certain time. But what needs to be understood here is about buying bitcoin for long -term investment even with the amount of capital that is improvised, but if it can be done routinely by anyone, then the effect can also be extraordinary for that person. And for Altcoin, it seems that it still has to be smarter in the selection so that I will not recommend anything for that even though the altcoin you say is also not bad to have.

Bitcoin nvestors are in a more better position than traders when it comes to risk management in crypto currency, trading comes with a very high risk and most times, traders out of greed forget to risk what they can afford to lose or trade with their spare cash, they go all in with huge money which is highly risky. Investing on Bitcoin might not be totally risk free due to volatility but it's a risk that's worth taking and if followed the right way, it comes with much profit in the future, Bitcoin is something that involves the future and to succed in investing on it you'll need to have the mindset of investing for longer period, why people fail and lose is cause they lack patience in holding and are not disciplined enough to avoid taking profits whenever it pumps but if an investor can follow the right process by holding for long-term, stay dedicated to the process, use good strategy like DCA then there's no way they'll complain about losing, cause the lose is recoverable, that's why it's a risk worth taking, compared to trading where you lose and lose out completely.

[Ricardo11]

People who change their minds towards Bitcoin investment are people who are not well informed or the people who do not want to make their own research to know more about what Bitcoin investment is all about, yes you need source of income to have a good investment but you don't necessarily need to have millions or be paid in millions before choosing to buy Bitcoin all you need is a step, take the bold step to start your investment journey with the little amount you have, keep working to increase your income even as you stay away from luxury things that will depreciate with time, if you are consistent with your buying of Bitcoin with the little amount you will be surprised to see how much you are able to invest in the nearest future. Most people who are scared of Bitcoin investment are the people who speed on unnecessary items, they do not consider the future they plan to own the Ireland without making financial plans through good investment like Bitcoin that's why you keep telling them to invest they will find it difficult because they don't believe in having a better future tomorrow and they don't consider the betterment of their children if they have got good plans.

I think that it's more of having the will to do so, because even if an investor know how important or profitable an investment is, he wouldn't still do it if  he doesn't have the will or isn't interested, he will always have an excuse why he hasn't buy uptil date.
So it's more of having the will, that's why you will see someone earning less but due to the fact that he really wants to invest in Bitcoin, he will still be buying a little fraction of Bitcoin from the salary he received from his less paying job either weekly or monthly, so the desired to do so is must be there before an investor invest in Bitcoin in the first place.

Yes in fact it is very necessary, to invest in bitcoins one must first understand the true potential of bitcoins, know what is bitcoin and have full faith in bitcoins.
Not everyone will be successful in Bitcoin investing, especially people with a timid nature, they panic at the slightest volatility of Bitcoin and sell their holdings, which only causes them losses.
Those who find excuses not to invest will regret it in the future, whether you invest in Bitcoin or not, Bitcoin has nothing to do with it. The longer you delay to start investing, the more you fall behind.
That's why not everyone can invest in Bitcoin, or not everyone can benefit from investing. Bitcoin investing requires interesting, proper planning, patience and a long-term attitude, then it is possible to be profitable.

[Tonimez]

Of course the main foundation of investing is that our personal financial goals must be achieved and not all must always take long-term investment positions and become speculative traders but try as much as possible we must be able to take advantage of Bitcoin's momentum for the long term. for fake altcoins of course not but if it has a use case and fundamentals like the familiar ones we observe such as Ethereum of course it is highly recommended by many people in this forum.

Investors and traders are two people with different positions for this even though the two people can do both in the same time as the goal of increasing profits in a certain time. But what needs to be understood here is about buying bitcoin for long -term investment even with the amount of capital that is improvised, but if it can be done routinely by anyone, then the effect can also be extraordinary for that person. And for Altcoin, it seems that it still has to be smarter in the selection so that I will not recommend anything for that even though the altcoin you say is also not bad to have.

Bitcoin nvestors are in a more better position than traders when it comes to risk management in crypto currency, trading comes with a very high risk and most times, traders out of greed forget to risk what they can afford to lose or trade with their spare cash, they go all in with huge money which is highly risky. Investing on Bitcoin might not be totally risk free due to volatility but it's a risk that's worth taking and if followed the right way, it comes with much profit in the future, Bitcoin is something that involves the future and to succed in investing on it you'll need to have the mindset of investing for longer period, why people fail and lose is cause they lack patience in holding and are not disciplined enough to avoid taking profits whenever it pumps but if an investor can follow the right process by holding for long-term, stay dedicated to the process, use good strategy like DCA then there's no way they'll complain about losing, cause the lose is recoverable, that's why it's a risk worth taking, compared to trading where you lose and lose out completely.

You almost hit the imaginary line between bitcoin traders and investors but deviated along the line. Talking about a bitcoin trader not investing the amount he can bear to loose in trading shows you underestimate the power of greed. Trading is like gambling, it comes with greed and traders believe that the more you invest the better chances of making it fast. With a traders mentality you can raise a skyscraper within a little time and can also get back to square one in the next instance.

Bitcoin investors have higher chances of investing only what they can afford to loose. This is because a real investor invests with his discretionary income and uses the DCA method. He doesn't have panic and never willing to withdraw anytime soon. He focuses more on investing than withdrawing and cares less about market value of bitcoin daily. Bitcoin investors don't worry about today, they think about decades to come and that is why they invest more than selling. He is not greedy and only invests what he can afford to loose at all time. When a bitcoin investor invests, it is right to say that he has sorted every of his basic responsibility which is why he can be able to hodl for a long period of time except in cases where life happens beyond what he could handle after exhausting every other options.

[SuperBitMan]

People who change their minds towards Bitcoin investment are people who are not well informed or the people who do not want to make their own research to know more about what Bitcoin investment is all about, yes you need source of income to have a good investment but you don't necessarily need to have millions or be paid in millions before choosing to buy Bitcoin all you need is a step, take the bold step to start your investment journey with the little amount you have, keep working to increase your income even as you stay away from luxury things that will depreciate with time, if you are consistent with your buying of Bitcoin with the little amount you will be surprised to see how much you are able to invest in the nearest future. Most people who are scared of Bitcoin investment are the people who speed on unnecessary items, they do not consider the future they plan to own the Ireland without making financial plans through good investment like Bitcoin that's why you keep telling them to invest they will find it difficult because they don't believe in having a better future tomorrow and they don't consider the betterment of their children if they have got good plans.

I think that it's more of having the will to do so, because even if an investor know how important or profitable an investment is, he wouldn't still do it if  he doesn't have the will or isn't interested, he will always have an excuse why he hasn't buy uptil date.
So it's more of having the will, that's why you will see someone earning less but due to the fact that he really wants to invest in Bitcoin, he will still be buying a little fraction of Bitcoin from the salary he received from his less paying job either weekly or monthly, so the desired to do so is must be there before an investor invest in Bitcoin in the first place.

Yes in fact it is very necessary, to invest in bitcoins one must first understand the true potential of bitcoins, know what is bitcoin and have full faith in bitcoins.
Not everyone will be successful in Bitcoin investing, especially people with a timid nature, they panic at the slightest volatility of Bitcoin and sell their holdings, which only causes them losses.
Those who find excuses not to invest will regret it in the future, whether you invest in Bitcoin or not, Bitcoin has nothing to do with it. The longer you delay to start investing, the more you fall behind.
That's why not everyone can invest in Bitcoin, or not everyone can benefit from investing. Bitcoin investing requires interesting, proper planning, patience and a long-term attitude, then it is possible to be profitable.

Some people has asked the question if we contribute to Bitcoin growth in price and value, well Bitcoin's growth does not strictly depend on people investing in it, however investment plays an important part, if more people and business are accepting Bitcoin for transaction it will make Bitcoin become More value there by growing in price so people investing in Bitcoin also helps Bitcoin grow, another set of people that helps grow Bitcoin are Bitcoin miners they secure the network by validating transactions and the more secure and decentralized the network is the more stronger and valuable Bitcoin will be another thing that still helps Bitcoin to grow is the fact that Bitcoin is only 21 million so as demand is rising and supply remains limited it will make Bitcoin more valuable in it's price, now a lot of people are now accumulating Bitcoin and holding even countries are now having a Bitcoin reserve what do you think will happen if the 21 million Bitcoin has been bought any held it will make Bitcoin more valuable. Inflation, currency devaluation, and political instability often drive people to seek decentralized financial systems like Bitcoin, if you have an investment government is controlling you are in problem because they may bring up policy that will affect your investment and that is why Bitcoin is more preferred this days and that is also one factor that is making Bitcoin grow more.

[DubemIfedigbo001]

Sure, whomever that is very determined to invest in bitcoin will not think of establishing a reliable source of income at that initial stage when they want to start their investment but they can buy with any amount they can invest in without being affected by other demands.

Are you even listening to yourself? Where would he/she get the discretionary income to invest into Bitcoin in the first place without a reliable source of income? Let's say for example, such a person win a lottery or somehow managed to get some money and invested it into Bitcoin, fine. What is the possibility of continuity of such investment without a reliable source of income? It even being able to build your backup funds?

 I'll be quick to remind you that starting your Bitcoin accumulation journey isn't the major challenge, but sustaining it and I don't know how the investor can do that without a reliable source of income. A good income source is very important for the investor to be able to take care of his expenses and make discretionary income available to continue investing into Bitcoin and be able to build various variations of backup funds like emergency fund and others.

One can decide to seek for a concrete source of income later on and by then, they are already hodlers. Wanting to affirm a stable source of income prior to investing in bitcoin will only result to either delay in time of accumulation or missing out an opportunity to acquire bitcoin at cheaper prices.

This pattern lacks planning and by the time the investor is seeking such concrete source of income, needs and expenses might have started weighing them down and they'll have no other option than to start liquidating their Bitcoin holdings in order to survive. A good source of income is always very necessary prior to your investing into Bitcoin for the sustainability of such investment.

That's right, someone who invests in bitcoin must be able to increase their income, so that the investor has more cold cash to be able to invest more in bitcoin. However, increasing your income is not as easy as you imagine, because extra hard work is needed to achieve this. Especially for bitcoin investors who have office jobs where it is very difficult to get a salary increase, in my opinion it is more difficult for these investors to increase their income. Because of course these investors don't have much time to develop their innovations, because they spend a lot of time working in the office. Therefore, the solution for people like this may be to simply save and not have to buy something if it is not necessary. And besides, even if a bitcoin investor cannot increase his income. I don't think this will be a barrier to continuing to invest in bitcoin. Because the important thing is that the money invested is cold money, even if the nominal value is small. So basically this (being able to increase income) when investing in bitcoin, may not be mandatory, because in reality not everyone can do it.

There's always provisions to upgrade oneself in any career unless the person involved is lazy minded. Every career has growth opportunities and you must not stay on your job forever, if you're very good in what you do, you might have a better offer somewhere else and you go for it, instantly your salary is increased and you can be more aggressive in your accumulation.

Optionally, the investor can take up part time jobs to service his investment only and use his salary to service his expenses. It's all about determination and proper planning. We can achieve whatever we desire.

[Taskford]

People who change their minds towards Bitcoin investment are people who are not well informed or the people who do not want to make their own research to know more about what Bitcoin investment is all about, yes you need source of income to have a good investment but you don't necessarily need to have millions or be paid in millions before choosing to buy Bitcoin all you need is a step, take the bold step to start your investment journey with the little amount you have, keep working to increase your income even as you stay away from luxury things that will depreciate with time, if you are consistent with your buying of Bitcoin with the little amount you will be surprised to see how much you are able to invest in the nearest future. Most people who are scared of Bitcoin investment are the people who speed on unnecessary items, they do not consider the future they plan to own the Ireland without making financial plans through good investment like Bitcoin that's why you keep telling them to invest they will find it difficult because they don't believe in having a better future tomorrow and they don't consider the betterment of their children if they have got good plans.

I think that it's more of having the will to do so, because even if an investor know how important or profitable an investment is, he wouldn't still do it if  he doesn't have the will or isn't interested, he will always have an excuse why he hasn't buy uptil date.
So it's more of having the will, that's why you will see someone earning less but due to the fact that he really wants to invest in Bitcoin, he will still be buying a little fraction of Bitcoin from the salary he received from his less paying job either weekly or monthly, so the desired to do so is must be there before an investor invest in Bitcoin in the first place.

Yes in fact it is very necessary, to invest in bitcoins one must first understand the true potential of bitcoins, know what is bitcoin and have full faith in bitcoins.
Not everyone will be successful in Bitcoin investing, especially people with a timid nature, they panic at the slightest volatility of Bitcoin and sell their holdings, which only causes them losses.
Those who find excuses not to invest will regret it in the future, whether you invest in Bitcoin or not, Bitcoin has nothing to do with it. The longer you delay to start investing, the more you fall behind.
That's why not everyone can invest in Bitcoin, or not everyone can benefit from investing. Bitcoin investing requires interesting, proper planning, patience and a long-term attitude, then it is possible to be profitable.

People can't invest blindly on things they don't understand it will lead to a total failure to them. So its important that at least they know some basic information before they invest on Bitcoin since with this they provably would know how to scale up things and determine what best thing to do especially for their accumulation and other strategy they want to use for their investment.

Choosing to hold for long term is a long process that why it needs consistency,financial stability and patience so that they can harvest good results with Bitcoin in future. if they delay everything then provably that they won't get more better result and provably they regret those decision that they missed to accumulate more Bitcoins when there's good chance to do it and they are also capable to acquire good volumes.

[Mayor of ogba]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important thing for new investor may be to build a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have.

There is enough flexibility in Bitcoin investment that anyone venturing in to it should know which is investing according to how it will suits you in terms of comfort as regards to your financial allocation towards your investment which of course will be different from that of others that's is not in the same financial status with you, yeah you are absolutely correct, getting started is what every beginners should be more concerned about with as little or more that is within their discretionary income and can increase their investment allocation if it happens they have more money along the road, above all what we should always prioritize while approaching our investment is investing within our comfort and that's is the only way we can be able to hold for long.

I don't think a beginner should invest more than their level of discretionary income just a point of correction from what you said here, the only time an investor can go above their discretionary income is in a situation whereby their income must have increased while making subsequent accumulation so that they won't find it difficult after they have gone above their discretionary income. No one is under tension to invest aggressively hence it is needless to go above your investment capacity. Acquiring with the amount that is left after your necessary expenditures is enough for you to start up with as a beginner and not go above it for any reason.

Tmoonz is still of the opinion that newbies in bitcoin investment should invest in bitcoin within their discretionary income, but they can increase their investment allocation if they improve their income to a better one along their bitcoin accumulation journey. For instance, let's assume a newbie in bitcoin investment is earning $100 monthly; he can decide to be investing $10 every month into bitcoin with the DCA strategy and use the remaining $90 to solve his monthly expenses and be building up his emergency fund, reserve fund, and floats gradually. If the newbie gets a new job along his bitcoin accumulation journey where he is being paid $200 monthly, he can now decide to increase his DCA allocation money to $20 monthly since he now has more cash flow that can take care of his monthly expenses and build up his emergency fund, reserve fund, and floats while he is using $20 to accumulate bitcoin monthly.

[mvdheuvel1983]

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important thing for new investor may be to build a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have.

There is enough flexibility in Bitcoin investment that anyone venturing in to it should know which is investing according to how it will suits you in terms of comfort as regards to your financial allocation towards your investment which of course will be different from that of others that's is not in the same financial status with you, yeah you are absolutely correct, getting started is what every beginners should be more concerned about with as little or more that is within their discretionary income and can increase their investment allocation if it happens they have more money along the road, above all what we should always prioritize while approaching our investment is investing within our comfort and that's is the only way we can be able to hold for long.

I don't think a beginner should invest more than their level of discretionary income just a point of correction from what you said here, the only time an investor can go above their discretionary income is in a situation whereby their income must have increased while making subsequent accumulation so that they won't find it difficult after they have gone above their discretionary income. No one is under tension to invest aggressively hence it is needless to go above your investment capacity. Acquiring with the amount that is left after your necessary expenditures is enough for you to start up with as a beginner and not go above it for any reason.

Tmoonz is still of the opinion that newbies in bitcoin investment should invest in bitcoin within their discretionary income, but they can increase their investment allocation if they improve their income to a better one along their bitcoin accumulation journey. For instance, let's assume a newbie in bitcoin investment is earning $100 monthly; he can decide to be investing $10 every month into bitcoin with the DCA strategy and use the remaining $90 to solve his monthly expenses and be building up his emergency fund, reserve fund, and floats gradually. If the newbie gets a new job along his bitcoin accumulation journey where he is being paid $200 monthly, he can now decide to increase his DCA allocation money to $20 monthly since he now has more cash flow that can take care of his monthly expenses and build up his emergency fund, reserve fund, and floats while he is using $20 to accumulate bitcoin monthly.

In summary all you are trying to say is that newbies should invest according to the level of income that comes their way hope I got you correctly?  I think the same thing is applicable to both old and new investors, do not invest beyond your financial capacity you will end up being emotionally unstable, good to see that you gave a very nice example but I think for someone who is earning $100 as a monthly salary you can decide to go with $20 as your investment budget that's if you won't be affected by other things that requires your finance to be taking care of and if you are promoted and your salaries increases you can decide to increase your monthly investment amount or continue with what you started with. One thing with the DCA method is that it helps the investor to spend wisely and it gives you the opportunity to purchase Bitcoin any given time so even then you are yet to receive your salaries if you have a little deal that brings you money you can decide to purchase Bitcoin instead of spending the money on material things.