Buy Buy Buy or Sell Sell Sell?

[Tonimez]

Buying at a low price and selling at a high price is a business idea. In this case, as you can see the profit, there is also risk. For example, if today the price of Bitcoin is $ 10, you bought it at $ 10 and when the price of Bitcoin increased and reached $ 12, you sold it. In this way, you made a profit of $ 2, but if the price increases a lot after you sell, then you will not be able to buy at a low price, in this case there is a lot of risk.

All these investments are called short-term investments. There is a lot of risk in this investment. It is seen that many people have faced financial losses by investing in the short term and have also made a lot of profit. But if we average the ratio over a certain period, then long-term investments will be ahead in terms of profit. Always try to invest in the long term, so the risk of loss is much less.

this is trading you are referring to and not bitcoin investment, because only traders buy at low price and sell when the price is high, a real bitcoin investor we buy bitcoin even when the price is low or high, because it purposes of buying bitcoin is for long term holding and not to sell immediately when the price is high.

A long-term investment means holding for at least 4 to 10 years. If someone holds for less than 4 years, it is not an investment, but trading. A new investor should only invest with a holding plan for 4-10 years at any price, then it will be recognized as a long-term investment. The reason for the minimum 4 years here is to hold Bitcoin for at least 1 cycle continuously, but it is not that the investor will profit after one cycle, if he holds Bitcoin for 2-3 cycles continuously, then he is very likely (about 90% likely) to profit from his holding. Because the possibility of Bitcoin's success in the long term is very high. So this kind of short-term fluctuation is actually nothing to fear. If you keep investing at any price, and keep holding for the long term, then success is waiting for you.

I see bitcoin this period as trying to change the narrative of traders and gratify investors. Most traders have run into bankruptcy due to market irregularities. Hodl your bitcoin and you won't be at the risk of developing chest pain due to losses. Traders could make the whole earth as gain only to go broke the next moment. Invest in your future and your dream which is a world of crypto.

[Joy- maker]

Edited

Long story short
Bitcoin isn't an asset that should be traded.

I agree with you, because this is absolutely a good statement you just made, because bitcoin is an asset that should not be traded, reason be that, bitcoin has proving itself to be a store of value with potential returns, so I see no reason why someone who is on this thread we be trading bitcoin.

Because to my own best of knowledge, Bitcoin is an asset that should be invested on for long term holding and not to be traded just as you said. If you must trade, trade with shitcoins and not bitcoin, because I see no reason why someone we be trading bitcoin, what for?
On loss the person want to be damaged emotionally and financially, because that's what trade usually do to people.

[promise444c5]

Well, there are 9 categories of learning (9 individual factors), and within some of the categories, any normie off the street is already going to have answers to each of the categories.  

At the same time within any of the categories, there could be some deal breakers that might not allow him to get started right away, and so he might have to spend a bit of time resolving some more narrow questions in regards to getting started aspects and including from what batch of money he might need to draw and perhaps figuring out some bitcoin sourcing questions, yet there is no end to actually learning and developing within the 9 categories, since the subject matters within the 9 categories of issues to learn and to contemplate are not completely static, so within some of the categories the answers will be more clear, and within other categories some thinking and/or planning and/or projecting of scenarios might have to take place...

Quite true! a beginner might want to dealt with figuring out some stuffs , some of it are even after accumulating foursome time or while accumulating , so it's more like continuous evaluation  on how to make it better yet they need to start from somewhere, determining their  cashflow must have been part of consideration before even setting a plan of investment but there could be a need for re analysing the whole thing to make a better plan.
Hence, likes of "risk tolerance" can only be determined after having an experience of bear market.. everyone loves a bull market &  but bear market& fluctuations  tells alot about risk tolerance apart from other factors that could be consideredas well imho( correct me if i am wrong )

Yet at the same time, there is no need to really figure out all of the answers to each of the categories in any kind of details before getting started to invest into bitcoin... even though even a hypothetical person who knows that he has a budget that he would be able to buy $100 per week in bitcoin, he may well choose a less aggressive approach, and he may well realize that he would be better off to start investing at $10 per week and then to spend some additional time preparing himself in other ways within the 9 categories and also perhaps he starts his investment into bitcoin at $10 per week, and then after a few months he ends up getting his amount per week up to $100, and he also might figure out that he has some lump sum way that he could gather up some funds to reallocate some funds that he knows that he has into bitcoin, too, but he might not want to invest such known lump sum amounts into bitcoin until he spends a bit more time studying and/or figuring out further about aspects of his 9 factors... and in the meantime, he has started his investment into bitcoin with $10 per week, and he is more engaged with learning bitcoin, and learning his 9 factors, and he may well have other things going on in his life too, but his ongoingly prioritizing 2-4 hours per week to spend on studying bitcoin and figuring out several of his 9 factors, he may well be developing conviction about what is bitcoin as compared to other possible investment options, which happens to be ONLY one of the 9 categories that he is spending time and trying to better figure out his perception of the matter and his level of bitcoin conviction, to the extent that he has developed much if any conviction.

Agreed..
This just summarise everything with a perfect illustration.
Learning how to properly invest in terms of security and privacy is also important I think , choosing the right path is really essential..

[Umulala-alala]

Buying at a low price and selling at a high price is a business idea. In this case, as you can see the profit, there is also risk. For example, if today the price of Bitcoin is $ 10, you bought it at $ 10 and when the price of Bitcoin increased and reached $ 12, you sold it. In this way, you made a profit of $ 2, but if the price increases a lot after you sell, then you will not be able to buy at a low price, in this case there is a lot of risk.

All these investments are called short-term investments. There is a lot of risk in this investment. It is seen that many people have faced financial losses by investing in the short term and have also made a lot of profit. But if we average the ratio over a certain period, then long-term investments will be ahead in terms of profit. Always try to invest in the long term, so the risk of loss is much less.

this is trading you are referring to and not bitcoin investment, because only traders buy at low price and sell when the price is high, a real bitcoin investor we buy bitcoin even when the price is low or high, because it purposes of buying bitcoin is for long term holding and not to sell immediately when the price is high.

A long-term investment means holding for at least 4 to 10 years. If someone holds for less than 4 years, it is not an investment, but trading. A new investor should only invest with a holding plan for 4-10 years at any price, then it will be recognized as a long-term investment. The reason for the minimum 4 years here is to hold Bitcoin for at least 1 cycle continuously, but it is not that the investor will profit after one cycle, if he holds Bitcoin for 2-3 cycles continuously, then he is very likely (about 90% likely) to profit from his holding. Because the possibility of Bitcoin's success in the long term is very high. So this kind of short-term fluctuation is actually nothing to fear. If you keep investing at any price, and keep holding for the long term, then success is waiting for you.

I see bitcoin this period as trying to change the narrative of traders and gratify investors. Most traders have run into bankruptcy due to market irregularities. Hodl your bitcoin and you won't be at the risk of developing chest pain due to losses. Traders could make the whole earth as gain only to go broke the next moment. Invest in your future and your dream which is a world of crypto.

Don't try to make shitcoin your future investment because your indirectly referring to shitcoin by using that word crypto, in this thread invest in bitcoin for the sake of your future and your generation unborn. Bitcoin is a future asset to invest on.

[arwin100]

A long-term investment means holding for at least 4 to 10 years. If someone holds for less than 4 years, it is not an investment, but trading. A new investor should only invest with a holding plan for 4-10 years at any price, then it will be recognized as a long-term investment. The reason for the minimum 4 years here is to hold Bitcoin for at least 1 cycle continuously, but it is not that the investor will profit after one cycle, if he holds Bitcoin for 2-3 cycles continuously, then he is very likely (about 90% likely) to profit from his holding. Because the possibility of Bitcoin's success in the long term is very high. So this kind of short-term fluctuation is actually nothing to fear. If you keep investing at any price, and keep holding for the long term, then success is waiting for you.

I see bitcoin this period as trying to change the narrative of traders and gratify investors. Most traders have run into bankruptcy due to market irregularities. Hodl your bitcoin and you won't be at the risk of developing chest pain due to losses. Traders could make the whole earth as gain only to go broke the next moment. Invest in your future and your dream which is a world of crypto.

Its not trying to change the narrative, but rather this is the best thing to do since that timeline is actually the recommended thing to do for people to possibly see the result of all the efforts they made for long term accumulating of Bitcoin.

If they are in trading for sure that they won't last that long knowing how market changing so fast and provably that after short time period they got broke instead of getting profit from selling their Bitcoin in short time period. We see how this option nowadays especially if market is so volatile since we don't know what will be the next movement of Bitcoin. That's why people should not pick this choice if they are not mentally stable since they are bound losing if they can't control their emotion. This is the reason why Holding is better since we don't need to think about other things including this unfortunate scene when market collapsed and the one we are provably need to pay attention is to buy more Bitcoins and try to reach those years we target for our investments.

[Muba20]

. However, it is only someone who calls himself an investor and refuses to accumulate consistently won't be privilege to have a big profit and lastly everyone has there standard and level that is to say that what Mr A will call big, Mr B may not call it big vice versa.

I guess they have enough holdings already and that's why they refuse to accumulate. But someone who's consistent is going to beat all of those that are lousy and confident with themselves.
I agree that those stops accumulating will not be privileged anymore with the market if they think they've got enough. But that's fine, everyone has got something for themselves already when bull run's come.

If someone is not interested to growing his wealth, that means he is satisfied with what he has, that is entirely his own business. But if someone tries to strengthen his Bitcoin holdings, then he can accumulate Bitcoin regularly. Those who deposited Bitcoin a few years ago now realize that if they could have kept a few more Bitcoins in their holdings at that time, they would have been able to hold a larger portion of Bitcoins today, but they are regretting it now. The person who now thinks that he has enough Bitcoins will regret it when the price of Bitcoin goes higher. So if an investor has discretionary income, then it will definitely be prudent to accumulate Bitcoins regularly. Just as time stands still for no one, one should accumulate as much Bitcoin as possible for the safety of his future.

[Mr Reporter]

Edited

Long story short
Bitcoin isn't an asset that should be traded.

This is an interesting perspective you brought out, i guess this is one of the wrong mindset most newbies put into there minds when learning about BITCOIN well as we all know BITCOIN investment is know for a highly volatile and most speculative investment we all know that BITCOIN can be considered a unique asset and unpredictable assets it can be used for store of value and speculation which mean buying BITCOIN for the future used.

[Tamaperdana]

When people talk about selling off bitcoin to buy back, I begin to wonder how they do it. Most times, investors that sell off bitcoin accumulation never buy back anytime soon because of market behaviour. Also, anyone who concentrates on selling when he feels the market is conducive to guy at his desired dip is  not yet ready for bitcoin investment as only traders do that. Bitcoin trading is not a fun, it's gambling and can wreck anyone anytime.

The goal is a buy but cycle especially for ones who are not long in the investment. A newbie who is focused on watching market swings is not getting it right. Bitcoin at 78k even though it didn't spend a lot of time there, but how many accumulated more bitcoin at that price?? Sometimes panic is the only enemy one can have. The level of volatility in bitcoin is something anyone should centre more on accumulation than selling until a New ATH is achieved. N:B bitcoin buy back is not as simple as it sounds. You may sell of and never return to buy when the market sets up again.

I think your assumptions regarding this are too much. Because if a bitcoin investor sells his bitcoin assets and then buys bitcoins again, I think it's easy and nothing to worry about. Because what can destroy an investor if he does that, I don't think there is. Because just think logically. Bitcoin is an investment asset and has high price volatility. So if an investor sells his bitcoin assets (maybe because he has made a profit) and then the investor buys the money from the sale back into bitcoin, I think that is also a wise thing to do. Because basically the bitcoin owned by the investor has the potential to increase, because the profit money is bought back into bitcoin.

So with this, I think we don't need to look down on bitcoin investors who do this. Because the important point that we have to catch about this is that we are both investing in bitcoin. So don't be too monotonous about investing in bitcoin. Because I am sure that in any way (except daily trading) it will definitely have a good impact if we invest in bitcoin. So don't get stuck on one strategy and think that other strategies are not right.

What's are the goals of a true investor if not got future profits and holding for long-term, every true investor is required to be patient and stick to the goal except maybe their ideology is to invest in Bitcoin to take profits and buy back when the market is down, that's a trader mentality my dear, if you're goal is to invest for 5 years then you sell before then it means you're going against the concept and your own goal every true investor should stick to the plan, be patient and allow your investment groiw before rushing to take profits.

 We've learnt that the best way to invest in Bitcoin is by buying and holding for long-term which is 4-10 years or even more so why then would someone thar calls themselves a true investor go against that ideology, it's only traders that take profits when the market is positive real investor are patient and disciplined they stick to the plan and maintain the standard, that's why you should already have a stable income and an emergency fund so you won't tamper with your portfolio.

That's right, a bitcoin investor must have a strong principle about his initial intention to invest in bitcoin. But what I mean is if an investor has reached his investment goal (for example 5 years) then the person sells bitcoin and buys it back when the price drops, I think that's also a good thing. Because that way, the profits obtained when investing 5 years in bitcoin can be invested again and of course the bitcoins that can be purchased will be more. So what's wrong with that concept. Because in my personal opinion, if someone buys bitcoin with a strategy that is not DCA, I think selling when there is a profit and buying back bitcoin when the price drops is the right thing to do. In fact, I think it will have a very positive impact on the growth of our bitcoin assets. So in my opinion when we invest in bitcoin, we must take advantage of every opportunity to be able to enlarge our bitcoin portfolio. But I'm not telling you to follow my method, because of course you have your own way so that your bitcoin portfolio increases.

[JayJuanGee]

[edited out]

That's right, a bitcoin investor must have a strong principle about his initial intention to invest in bitcoin. But what I mean is if an investor has reached his investment goal (for example 5 years) then the person sells bitcoin and buys it back when the price drops, I think that's also a good thing. Because that way, the profits obtained when investing 5 years in bitcoin can be invested again and of course the bitcoins that can be purchased will be more. So what's wrong with that concept. Because in my personal opinion, if someone buys bitcoin with a strategy that is not DCA, I think selling when there is a profit and buying back bitcoin when the price drops is the right thing to do. In fact, I think it will have a very positive impact on the growth of our bitcoin assets. So in my opinion when we invest in bitcoin, we must take advantage of every opportunity to be able to enlarge our bitcoin portfolio. But I'm not telling you to follow my method, because of course you have your own way so that your bitcoin portfolio increases.

Of course, you can establish whatever goal you like, yet it seems to me that it is a bad idea to spend 5 years accumulating bitcoin and then to sell it all, including that you believe that you are going to be able to sell and buy back cheaper.  That is a retarded strategy.

Bitcoin is amongst the best, if not the best, investment asset available and you seem to be saying that you are going to try trade it once you have accumulated for 5 years.

Better strategies likely involve reaching an overaccumulation status,.. if that might take 5 years or some other period of time.   Once you have reached overaccumulation status, then you can likely engage in price based and/or time-based selling of portions of your overaccumulated bitcoin, and you can likely figure out sustainable withdrawal formulas so that you can pretty much continue to hold bitcoin and to draw income off of your bitcoin that is way better than selling it and fucking things up. 

You have a good thing going by having bitcoin, and you believe that the solution is to sell it and take chances in regards to trying to buy back cheaper...   Short-sighted to say the least, even though you are free to do whatever you like, even short-sighted things.

[Tonimez]

[edited out]

That's right, a bitcoin investor must have a strong principle about his initial intention to invest in bitcoin. But what I mean is if an investor has reached his investment goal (for example 5 years) then the person sells bitcoin and buys it back when the price drops, I think that's also a good thing. Because that way, the profits obtained when investing 5 years in bitcoin can be invested again and of course the bitcoins that can be purchased will be more. So what's wrong with that concept. Because in my personal opinion, if someone buys bitcoin with a strategy that is not DCA, I think selling when there is a profit and buying back bitcoin when the price drops is the right thing to do. In fact, I think it will have a very positive impact on the growth of our bitcoin assets. So in my opinion when we invest in bitcoin, we must take advantage of every opportunity to be able to enlarge our bitcoin portfolio. But I'm not telling you to follow my method, because of course you have your own way so that your bitcoin portfolio increases.

Of course, you can establish whatever goal you like, yet it seems to me that it is a bad idea to spend 5 years accumulating bitcoin and then to sell it all, including that you believe that you are going to be able to sell and buy back cheaper.  That is a retarded strategy.

Bitcoin is amongst the best, if not the best, investment asset available and you seem to be saying that you are going to try trade it once you have accumulated for 5 years.

Better strategies likely involve reaching an overaccumulation status,.. if that might take 5 years or some other period of time.   Once you have reached overaccumulation status, then you can likely engage in price based and/or time-based selling of portions of your overaccumulated bitcoin, and you can likely figure out sustainable withdrawal formulas so that you can pretty much continue to hold bitcoin and to draw income off of your bitcoin that is way better than selling it and fucking things up. 

You have a good thing going by having bitcoin, and you believe that the solution is to sell it and take chances in regards to trying to buy back cheaper...   Short-sighted to say the least, even though you are free to do whatever you like, even short-sighted things.

Reading someone still talking about selling off bitcoin off after five years is just like a company packing up after 5 years of active production. Selling of your bitcoin with the hope of buying back cheaper is the reason many have left the investment. This is because, basically, the price of bitcoin five years ago to it's gain five years later before selling off would be to high for you to believe you would make any further gain after but back. It's a mind game and most people fail it.

Selling of all bitcoin stash in five years is likened to myopism and it's not good for an investor except when you have a life threatening challenge that you have exhausted every other available options and left with no other option. Selling a part is a better option since you can only buy more when you already have some than starting from layer one. Everybody is entitled to his opinion as @Jayjuangee rightly said, but watching your brother wallow in ignorance is not always a best practice.

[Gost ms]

Its not trying to change the narrative, but rather this is the best thing to do since that timeline is actually the recommended thing to do for people to possibly see the result of all the efforts they made for long term accumulating of Bitcoin.

If they are in trading for sure that they won't last that long knowing how market changing so fast and provably that after short time period they got broke instead of getting profit from selling their Bitcoin in short time period. We see how this option nowadays especially if market is so volatile since we don't know what will be the next movement of Bitcoin. That's why people should not pick this choice if they are not mentally stable since they are bound losing if they can't control their emotion. This is the reason why Holding is better since we don't need to think about other things including this unfortunate scene when market collapsed and the one we are provably need to pay attention is to buy more Bitcoins and try to reach those years we target for our investments.

It would not be wrong to call trading a kind of gambling. Very few people have profited from trading, many people have gone bankrupt from trading. There is a lot of risk in trading, but in the case of long-term investment, the risk is reduced by about 90%.

You now buy Bitcoin and later sell it for a profit, in this way you will be in profit for some time, but at the end of the day, if you average it, you will be in loss. One of my friends who trades, he makes profit for the first few days and after a few days, he loses everything. I will never advise anyone to trade. Always keep the goal of long-term investment in mind.

Long-term investment also requires some general knowledge and patience. You should keep the investment time limit for at least 4-8 years.

[EarnOnVictor]

However, it is only someone who calls himself an investor and refuses to accumulate consistently won't be privilege to have a big profit and lastly everyone has there standard and level that is to say that what Mr A will call big, Mr B may not call it big vice versa.

Investing has its factors and distinctions, investors cannot be reasoning the same way. As an investor in Bitcoin, such could have had enough of it at a low price and committed to other investments and businesses elsewhere, that is why we don't judge anyone, the amount had in Bitcoin could be enough for an effective diversification elsewhere. But still, I love the investors who buy more when Bitcoin goes lower, I mean at that time it was about $16,000 in 2023. What possible damage can it do again if not give you more money at that cheap price?

No one is saying that you should ONLY focus on Bitcoin investments alone but if you must diversify into other investments that you see potentials in them, give Bitcoin more priority because even if other of your investment you diversify to fails you; your investment in Bitcoin is unlikely to disappoint you so it then means that after you must have diversified in other investments and peradventure it doesn't favor you,-snip-

I guess you missed the road with what you have ranted about here, it wasn't my decision, I was just citing possible reasons why some people could decide that they've bought Bitcoin and have had enough of it and possibly not invest more. This doesn't say they do not have Bitcoin investment, or do you know how big their Bitcoin investment is before they decide on that?

I also doubt it if you read the part I boldened above which further encourages investors to buy more Bitcoin for a tempting reason.

[Barikui1]

Its not trying to change the narrative, but rather this is the best thing to do since that timeline is actually the recommended thing to do for people to possibly see the result of all the efforts they made for long term accumulating of Bitcoin.

If they are in trading for sure that they won't last that long knowing how market changing so fast and provably that after short time period they got broke instead of getting profit from selling their Bitcoin in short time period. We see how this option nowadays especially if market is so volatile since we don't know what will be the next movement of Bitcoin. That's why people should not pick this choice if they are not mentally stable since they are bound losing if they can't control their emotion. This is the reason why Holding is better since we don't need to think about other things including this unfortunate scene when market collapsed and the one we are provably need to pay attention is to buy more Bitcoins and try to reach those years we target for our investments.

It would not be wrong to call trading a kind of scam. Very few people have profited from trading, many people have gone bankrupt from trading. There is a lot of risk in trading, but in the case of long-term investment, the risk is reduced by about 90%.

You now buy Bitcoin and later sell it for a profit, in this way you will be in profit for some time, but at the end of the day, if you average it, you will be in loss. One of my friends who trades, he makes profit for the first few days and after a few days, he loses everything. I will never advise anyone to trade. Always keep the goal of long-term investment in mind.

Long-term investment also requires some general knowledge and patience. You should keep the investment time limit for at least 4-8 years.

As a Bitcoin investor, the only beneficial rout is thinking long term, because since it's an asset that appreciate in value overtime, their is a higher probability of Bitcoin skyrocketing to a million dollar or more in like three to five circles from now due to it huge potential, and the only way to be able to hold successfully till then is to have a reliable source of income and an emergency funds that will stand as a shield against any unforseen emergencies that may arise in the future, and even possibly a backup fund, with all this in place, their is nothing stopping you from not holding for a very long period of time.

Then lastly, as a Bitcoin investor that we are, I think that it would be wise we pay more attention to our stash of Bitcoin because that's what determine how profitable and successful we might be in the future, so it's best we increase our stash as much as possible, because you just can invest only $100 and be expecting to be a multi millionaire in the future.
So the size of our stash of Bitcoin is as important as the purpose of investing in Bitcoin for the first place, because without a reasonable stash of Bitcoin, we can't change our financial status forever.

[laijsica]

Its not trying to change the narrative, but rather this is the best thing to do since that timeline is actually the recommended thing to do for people to possibly see the result of all the efforts they made for long term accumulating of Bitcoin.

If they are in trading for sure that they won't last that long knowing how market changing so fast and provably that after short time period they got broke instead of getting profit from selling their Bitcoin in short time period. We see how this option nowadays especially if market is so volatile since we don't know what will be the next movement of Bitcoin. That's why people should not pick this choice if they are not mentally stable since they are bound losing if they can't control their emotion. This is the reason why Holding is better since we don't need to think about other things including this unfortunate scene when market collapsed and the one we are provably need to pay attention is to buy more Bitcoins and try to reach those years we target for our investments.

It would not be wrong to call trading a kind of scam. Very few people have profited from trading, many people have gone bankrupt from trading. There is a lot of risk in trading, but in the case of long-term investment, the risk is reduced by about 90%.

You now buy Bitcoin and later sell it for a profit, in this way you will be in profit for some time, but at the end of the day, if you average it, you will be in loss. One of my friends who trades, he makes profit for the first few days and after a few days, he loses everything. I will never advise anyone to trade. Always keep the goal of long-term investment in mind.

Long-term investment also requires some general knowledge and patience. You should keep the investment time limit for at least 4-8 years.

You mentioned your friends trading experience as an example there are many traders who may have made some profit in the beginning but lost a lot of money later. Actually, trading is not a scam, they may not have been aware of its proper use or may not understand its proper evaluation. Trading can be good for the experienced but uncertain. To trade, you need to initially accumulation in DCA method. Getting a decent portfolio and accumulating Bitcoins gradually will be ideal for you in DCA strategy and long-term investment strategy. Trading is a pretty sure way to lose money on the contrary accumulating Bitcoins in DCA strategy is a way to increase wealth.

There are many examples of bankruptcy from trading but long-term investment makes you risk-tolerant and will give you high profits in the future. I think people who are greedy and tend to get rich in a short time are more interested in trading. This category of traders lose money.

[Fara Chan]

Long story short
Bitcoin isn't an asset that should be traded.

This is an interesting perspective you brought out, i guess this is one of the wrong mindset most newbies put into there minds when learning about BITCOIN well as we all know BITCOIN investment is know for a highly volatile and most speculative investment we all know that BITCOIN can be considered a unique asset and unpredictable assets it can be used for store of value and speculation which mean buying BITCOIN for the future used.

That's what still amazes me about what is easier for most beginners who are already familiar with Bitcoin at this time. In fact, they could have thought the opposite like thinking of buying Bitcoin and storing it for the long term without having to use it for anything in the near future. Because even though Bitcoin is already accepted by most companies for payment, it doesn't mean we should use Bitcoin to pay for something that is not much more valuable than Bitcoin. So that's why some people say that Bitcoin is not an asset to be traded even though Bitcoin is already on many exchanges at this time.

[Mayor of ogba]

. However, it is only someone who calls himself an investor and refuses to accumulate consistently won't be privilege to have a big profit and lastly everyone has there standard and level that is to say that what Mr A will call big, Mr B may not call it big vice versa.

I guess they have enough holdings already and that's why they refuse to accumulate. But someone who's consistent is going to beat all of those that are lousy and confident with themselves.
I agree that those stops accumulating will not be privileged anymore with the market if they think they've got enough. But that's fine, everyone has got something for themselves already when bull run's come.

The most important thing here is that those investors who stop accumulating bitcoin have accumulated the amount of bitcoin they had in mind to accumulate before they started their bitcoin investment, so there's nothing wrong if they are not privileged in the market anymore because they have achieved the amount of bitcoin they want to hold for the long term, and they are no longer in the game. Since they have come to the end of their accumulation journey, they can decide to start accumulating bitcoin all over again or diversify their investment into something else like real estate or selling commodities so that they can have different sources of income to use and be solving their daily expenses, which will allow them to hold their bitcoin investment for a very long time before they can even figure out when to sell it.

[justinlamode]

Long story short
Bitcoin isn't an asset that should be traded.

This is an interesting perspective you brought out, i guess this is one of the wrong mindset most newbies put into there minds when learning about BITCOIN well as we all know BITCOIN investment is know for a highly volatile and most speculative investment we all know that BITCOIN can be considered a unique asset and unpredictable assets it can be used for store of value and speculation which mean buying BITCOIN for the future used.

Because even though Bitcoin is already accepted by most companies for payment, it doesn't mean we should use Bitcoin to pay for something that is not much more valuable than Bitcoin. So that's why some people say that Bitcoin is not an asset to be traded even though Bitcoin is already on many exchanges at this time.

Bitcoin is not accepted by most companies and this is one thing all lovers of Bitcoin should pay attention to... the use case. The moment Bitcoin becomes accepted by lots of organizations, then we could see it in virtually all sectors of the economy including aviation, shipping lines, grocery stores and even the remote markets of Africa like the Kenyan Mpesa.

It seems you have the very essence of Bitcoin wrongly because Bitcoin was actually created to serve as a currency just like every other fiat that we have out there but its uniqueness is that it is not centralized and therefore not controlled by any single entity. Therefore, Bitcoin ought to be used to pay for goods and services, traded and allowed to stand as a medium of exchange. So the other part of your statement is wrong and not in agreement with Satoshi's vision.

We know that holding Bitcoin can create some values and generate wealth on the long run but we also have to encourage people to use Bitcoin in their daily lives so that people can truly appreciate the freedom and comfort that Bitcoin offers. We should support and encourage innovations that will enable people use Bitcoin in their daily lives like meeting their basic needs. This does not reduce the value of Bitcoin but just make it grow better and stronger.

[Tmoonz]

Long story short
Bitcoin isn't an asset that should be traded.

This is an interesting perspective you brought out, i guess this is one of the wrong mindset most newbies put into there minds when learning about BITCOIN well as we all know BITCOIN investment is know for a highly volatile and most speculative investment we all know that BITCOIN can be considered a unique asset and unpredictable assets it can be used for store of value and speculation which mean buying BITCOIN for the future used.

That's what still amazes me about what is easier for most beginners who are already familiar with Bitcoin at this time. In fact, they could have thought the opposite like thinking of buying Bitcoin and storing it for the long term without having to use it for anything in the near future. Because even though Bitcoin is already accepted by most companies for payment, it doesn't mean we should use Bitcoin to pay for something that is not much more valuable than Bitcoin. So that's why some people say that Bitcoin is not an asset to be traded even though Bitcoin is already on many exchanges at this time.

There is no limitations to what we can use Bitcoin for, it can be use as a means of exchange, we can send money to our love ones through Bitcoin, and it can as well be use as an investment opportunity for a long term, trading Bitcoin as exchange of goods and services is different from trading Bitcoin to maximize profits for short term gains, the part of trading Bitcoin for short term profits maximization is the aspect that is referred to Bitcoin not being an asset to be traded with because it will end up putting you in the state of dilemma, which is very difficult and confusing, regret, reasons being that Bitcoin is a volatile and speculative asset and pretty much suitable for long term since it's value has the potential to increase over a long term, attempting to trade with it for short term profit maximization can be very complex and devastating. It is not about some people saying that Bitcoin is not an asset to be traded for short term profit maximization it is an obvious fact from my experience of seeing the market movements.

[Princess Leah]

That's right, a bitcoin investor must have a strong principle about his initial intention to invest in bitcoin. But what I mean is if an investor has reached his investment goal (for example 5 years) then the person sells bitcoin and buys it back when the price drops, I think that's also a good thing. Because that way, the profits obtained when investing 5 years in bitcoin can be invested again and of course the bitcoins that can be purchased will be more. So what's wrong with that concept. Because in my personal opinion, if someone buys bitcoin with a strategy that is not DCA, I think selling when there is a profit and buying back bitcoin when the price drops is the right thing to do. In fact, I think it will have a very positive impact on the growth of our bitcoin assets. So in my opinion when we invest in bitcoin, we must take advantage of every opportunity to be able to enlarge our bitcoin portfolio. But I'm not telling you to follow my method, because of course you have your own way so that your bitcoin portfolio increases.

Of course, you can establish whatever goal you like, yet it seems to me that it is a bad idea to spend 5 years accumulating bitcoin and then to sell it all, including that you believe that you are going to be able to sell and buy back cheaper.  That is a retarded strategy.

Bitcoin is amongst the best, if not the best, investment asset available and you seem to be saying that you are going to try trade it once you have accumulated for 5 years.

Better strategies likely involve reaching an overaccumulation status,.. if that might take 5 years or some other period of time.   Once you have reached overaccumulation status, then you can likely engage in price based and/or time-based selling of portions of your overaccumulated bitcoin, and you can likely figure out sustainable withdrawal formulas so that you can pretty much continue to hold bitcoin and to draw income off of your bitcoin that is way better than selling it and fucking things up.  

You have a good thing going by having bitcoin, and you believe that the solution is to sell it and take chances in regards to trying to buy back cheaper...   Short-sighted to say the least, even though you are free to do whatever you like, even short-sighted things.

Everyone is responsible for their own actions though, that why it's their choice to do whatever they like with their investment plan the least one can do is try to put them through the right path and stop them from misleading others into doing the wrong things when it comes to Bitcoin investment, it's something that involves the future so one needs to be careful about it so as not to make errors that would cause future regrets.

 Investing for 5 years only to take all profit is a big error, i would've said it's misleading but instead I'll rather correct such impression and let people understand that because it is said that long-term bitcoin investment involves holding for 4 to 10 years, doesn’t mean that they’ll hold for that long and decide to take all profits, it doesn’t work that way and comes with regrets, no one knows what the future holds but Bitcoin has proven to be a good investment option for the past year and we hope it does better that's why we're holding for long.

 Therefore instead of taking all the profits in 5 years time it would've been better to take some portions and do what's best for them, maybe diversify to another good investment option or so, taking all is risky cause what if the person takes all and the price increases to a very high price, it simply means the person have sold at lose and would be buying back at a higher price when they want to buy back, the next thing that follows after that is regret and hoping a dip should occur to buy cheaper, that’s why that ideology of holding for 5 year to take all profits is not wise.

[Marvelockg]

Long story short
Bitcoin isn't an asset that should be traded.

This is an interesting perspective you brought out, i guess this is one of the wrong mindset most newbies put into there minds when learning about BITCOIN well as we all know BITCOIN investment is know for a highly volatile and most speculative investment we all know that BITCOIN can be considered a unique asset and unpredictable assets it can be used for store of value and speculation which mean buying BITCOIN for the future used.

Because even though Bitcoin is already accepted by most companies for payment, it doesn't mean we should use Bitcoin to pay for something that is not much more valuable than Bitcoin. So that's why some people say that Bitcoin is not an asset to be traded even though Bitcoin is already on many exchanges at this time.

Bitcoin is not accepted by most companies and this is one thing all lovers of Bitcoin should pay attention to... the use case. The moment Bitcoin becomes accepted by lots of organizations, then we could see it in virtually all sectors of the economy including aviation, shipping lines, grocery stores and even the remote markets of Africa like the Kenyan Mpesa.

when we consider that some companies don't make use of bitcoin as an official payment option, we ought to ask ourselves the reason why that is the case. of the many reasons some companies might not have adopted bitcoin as one of her payment options will likely be that they are not a bitcoin enthusiast and also that the population of users of bitcoin that patronize them are not much.

if an aviation company for instance sees customers that week after week is willing to pay for their flight ticket in bitcoin, it won't take time before they include bitcoin as one of the payment options. but then, since it's a business that runs weekly logistic that involves spending regularly, the consideration on the volatility of bitcoin will then come into play which can stop some of them from taking the risk due to the fear that in times when the market is down, they might experience some loss. we have to note that even though at the start, the narrative towards bitcoin was more about using it for regular transaction, at the moment, such usage might not be all that effective.

It seems you have the very essence rof Bitcoin wrongly because Bitcoin was actually created to serve as a currency just like every other fiat that we have out there but its uniqueness is that it is not centralized and therefore not controlled by any single entity. Therefore, Bitcoin ought to be used to pay for goods and services, traded and allowed to stand as a medium of exchange. So the other part of your statement is wrong and not in agreement with Satoshi's vision.

theoretically, that seems really cool but in reality, what serves well for regular trades are stable coin that are almost of same depreciating value as the things you are exchanging it for. of cause, bitcoin was never created as a complete replacement of the fiat, it can still work side by side with the fiat such that for basic transaction and trading, the stable fiat comes into place while it serves for internation transaction and serves for saving purpose due to its potential of yielding returns in the long run.

if your fiat was not subject to depreciation and holding it can give you at least a 50% return on investment over a period of time, would you rather spend it than keeping it for the return you intend getting? bitcoin has grown above just an ordinary medium of exchange; it stands as one of the greatest or rather the greatest digital asset with the highest potential of returns on investment.

the decision is at the end of the day yours to make whether you want to spend your bitcoin on regular transaction and allow your fiat that is constantly being affected by inflation remain.