Buy Buy Buy or Sell Sell Sell?

[As-Soon-As]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

It's either of them cause the markets is in an unstable rate so when it tends to drop people buy in more coins and when it rises they do same as well, this is because they go for what's good and beneficial to them. It maybe buy time when the price rate drops cause the market seems unpredictable.

Market volatility will definitely occur because if there was no volatility in the market, investors would not be found, otherwise there would never be so much competition among people and there would be a shortage of investors. The more volatility occurs in the market, the more investor competition will be seen, otherwise Bitcoin investors will hold for a long time and only buy dips.
Every investor likes to buy at a low price, but in the case of holding, most investors may have more thoughts of selling because they are greedy for money and sell their Bitcoin investment.
Investors who make such mistakes are not ideal investors, an ideal investor will keep holding Bitcoin for a long time according to the plan and will hold it for a long time no matter how high the price of Bitcoin is.

[Derekfunds]

Those who are eager to invest in shitcoins are majorly newbies, all they got in their mind is how to get rich quick and when they see those altcoins rising so high they feel that those are the right coins to invest in without knowing that it's just a trap for them to lose their money. Shitcoins have no value, and sorry to people who love investing on shitcoins because no matter the amount they make from any of the shitcoins, as soon as they move to the next shitcoin it can vanish all their money and they go about regretting. Sometime ago, someone made a post that he made money in one altcoin he invested in and due to overexcitement, he moved over to another altcoin that was skyrocketing thinking that it will keep on skyrocketing so that he can make more profit but just less than one hour, the price fall drastically and he lost all his money trading on that shitcoin. This is why shitcoins are dangerous because of their high volatility, the price can fall within a twinkle of an eye.

I disagree with you, people who are eager to invest in shitcoins are not majorly newbie because you can not actually measure that and secondly some newbie don't even have an ideal how most of these work and again the reason why some of them invest in shitcoins is because of misinformation, most newbie are always very careful and scared of losing money.

Impatience is another thing that causes why some people considers investing on altcoins because they just want to invest and start making profits but that is not the way with bitcoin because inasmuch as you invest in bitcoin for long term achievements, you are unlikely to lose your money and you can invest with any amount that is available, then you can buy continuously by using the DCA strategy and before you know you have gathered a lot of bitcoins within 4-10 years interval.

Exactly, quick profit is what makes some people go into shitcoins and altcoins that is not even certain if they will get the profit or return though Bitcoin maybe not be certain or guarantee but it is very much unlike  shitcoin and altcoins, in fact all these coins depend on Bitcoin. However, I still think and i believe it is better for someone to hold for long term than to go for something that is not certain.

[Joy- maker]

I consider Shitcoin investment like gambling, no matter how much people understand if they convert their fiat to shitcoin then the loss will be much greater and the profit obtained is just luck, the throne for the long term is still held by Bitcoin and will remain like this, Bitcoin can create sustainable ATH that Altcoin or Shitcoin cannot do. And those who behave like this mostly think Bitcoin feels expensive so they often turn to affordable investments but they forget that there is a DCA strategy that allows purchases with any budget.

Yep, you are right but it seem people like to gambling in altcoin investment so they still search for the shitcoin as their investment. They don't realize in the long term, Bitcoin will be the best investment for them but that will be up to them because we can only suggest them without force them to follow us. They forgot that they can buy Bitcoin in a small portion and not have to buy full 1 Bitcoin at once. They can even use DCA method to have Bitcoin as their main investment and just focus with that for some years. Let say that will be for 4-8 years and just buy Bitcoin constantly using DCA method, no matter if that money is small or medium or big amount.

Those who are eager to invest in shitcoins are majorly newbies, all they got in their mind is how to get rich quick and when they see those altcoins rising so high they feel that those are the right coins to invest in without knowing that it's just a trap for them to lose their money. Shitcoins have no value, and sorry to people who love investing on shitcoins because no matter the amount they make from any of the shitcoins, as soon as they move to the next shitcoin it can vanish all their money and they go about regretting. Sometime ago, someone made a post that he made money in one altcoin he invested in and due to overexcitement, he moved over to another altcoin that was skyrocketing thinking that it will keep on skyrocketing so that he can make more profit but just less than one hour, the price fall drastically and he lost all his money trading on that shitcoin. This is why shitcoins are dangerous because of their high volatility, the price can fall within a twinkle of an eye.

Impatience is another thing that causes why some people considers investing on altcoins because they just want to invest and start making profits but that is not the way with bitcoin because inasmuch as you invest in bitcoin for long term achievements, you are unlikely to lose your money and you can invest with any amount that is available, then you can buy continuously by using the DCA strategy and before you know you have gathered a lot of bitcoins within 4-10 years interval.

exactly shitcoins are just a trap and a way to loose money, because I  discover that most coin developers are developing those coin to trap people with what we call  wash trading where those developers will create different accounts in different online exchanges and  they we be buying the coin to show market activities in other to manipulate the market and those shitcoins lovere will see that people are buying the coin and them too we start buying the  coin massively not knowing that it is the same developers that are buying the coin to show market activities and after  they might have seeing that a lot of people have buy the coin those developers will start selling the coin massively in other to trap those people who bought the coin and  those people who bought the coin will be at lost while the developers will in profits and they we now abandon the coin and go create another coin to trap people, so for those who love shitcoins all in the name of trying to make quick, all because inpatient and so  here is what most coin developers are doing to shitcoins lovers so be guided, don't invest in any coin that is not bitcoin, those shitcoins has nothing to offer and they are using them to scam people.

[Furious 7]

You are wrong because there are times when investing aggressively becomes necessary to achieve some targets or maximize opportunities. Aggressive investing is not entirely bad if all the minor ingredients are in place and it is done within the discretionary income. Just to through more light on this, aggressive investment is like someone whose discretionary income is $2,000 and decide to invest as much as $1,000 which represents 50% of the funds. This user is aggressive because he would have condition himself to avoid leisure and some other unnecessary things to be able to build a good Bitcoin portfolio within a time he would have set for himself or take dip he would have noticed in the market. This does not mean in any way that aggressive investing ignore the need for emergency funds or others, it is more connected to the passion and determination of the investor.

I actually feel that in this case this is not the important point. Although it is not wrong to make aggressive purchases, it is also not something that everyone can do because after all, making aggressive purchases must be supported by adequate financial conditions.

The main point is about how we live and what our financial conditions are, because in the end making aggressive purchases can also make you trouble yourself when your financial condition is bad so in this case the thing that must be considered is our financial condition in the sense of whether our income can support our living needs in the expenses and investments that we make because in the end if we are not able to balance it, making aggressive purchases will only confuse you to accept the risks that we have to face.
We invest because we are able to accept the risk and making aggressive purchases is actually optional as long as we can and are able, then this is possible to happen but when we are indeed considered unable to face the risk, then do another purchasing method, don't push yourself too hard.

[SOKO-DEKE]

I consider Shitcoin investment like gambling, no matter how much people understand if they convert their fiat to shitcoin then the loss will be much greater and the profit obtained is just luck, the throne for the long term is still held by Bitcoin and will remain like this, Bitcoin can create sustainable ATH that Altcoin or Shitcoin cannot do. And those who behave like this mostly think Bitcoin feels expensive so they often turn to affordable investments but they forget that there is a DCA strategy that allows purchases with any budget.

Yep, you are right but it seem people like to gambling in altcoin investment so they still search for the shitcoin as their investment. They don't realize in the long term, Bitcoin will be the best investment for them but that will be up to them because we can only suggest them without force them to follow us. They forgot that they can buy Bitcoin in a small portion and not have to buy full 1 Bitcoin at once. They can even use DCA method to have Bitcoin as their main investment and just focus with that for some years. Let say that will be for 4-8 years and just buy Bitcoin constantly using DCA method, no matter if that money is small or medium or big amount.

Those who are eager to invest in shitcoins are majorly newbies, all they got in their mind is how to get rich quick and when they see those altcoins rising so high they feel that those are the right coins to invest in without knowing that it's just a trap for them to lose their money. Shitcoins have no value, and sorry to people who love investing on shitcoins because no matter the amount they make from any of the shitcoins, as soon as they move to the next shitcoin it can vanish all their money and they go about regretting. Sometime ago, someone made a post that he made money in one altcoin he invested in and due to overexcitement, he moved over to another altcoin that was skyrocketing thinking that it will keep on skyrocketing so that he can make more profit but just less than one hour, the price fall drastically and he lost all his money trading on that shitcoin. This is why shitcoins are dangerous because of their high volatility, the price can fall within a twinkle of an eye.

Impatience is another thing that causes why some people considers investing on altcoins because they just want to invest and start making profits but that is not the way with bitcoin because inasmuch as you invest in bitcoin for long term achievements, you are unlikely to lose your money and you can invest with any amount that is available, then you can buy continuously by using the DCA strategy and before you know you have gathered a lot of bitcoins within 4-10 years interval.

exactly shitcoins are just a trap and a way to loose money, because I  discover that most coin developers are developing those coin to trap people with what we call  wash trading where those developers will create different accounts in different online exchanges and  they we be buying the coin to show market activities in other to manipulate the market and those shitcoins lovere will see that people are buying the coin and them too we start buying the  coin massively not knowing that it is the same developers that are buying the coin to show market activities and after  they might have seeing that a lot of people have buy the coin those developers will start selling the coin massively in other to trap those people who bought the coin and  those people who bought the coin will be at lost while the developers will in profits and they we now abandon the coin and go create another coin to trap people, so for those who love shitcoins all in the name of trying to make quick, all because inpatient and so  here is what most coin developers are doing to shitcoins lovers so be guided, don't invest in any coin that is not bitcoin, those shitcoins has nothing to offer and they are using them to scam people.

Shitcoins are just another way of scamming people, and that is what many people do not realize. If they should realize that, I don't think they would allow themselves to be scammed while believing they are investing.The painful part about these shitcoins is that it's almost the same developers behind them. They scam people through one project, then go ahead to develop another project to scam them again, making fake promises. If people could calm down and do proper research, I don't think they would consider investing in any coin except Bitcoin.

The funny part is that some people know that shitcoins are created for scamming, but due to their greed, they decide to gamble with them just because they want to make quick money only to lose it all in the end. The money some people have lost in shitcoins, if invested in Bitcoin instead, would have allowed them to hold a reasonable amount of Bitcoin by now.

[Jostern]

I consider Shitcoin investment like gambling, no matter how much people understand if they convert their fiat to shitcoin then the loss will be much greater and the profit obtained is just luck, the throne for the long term is still held by Bitcoin and will remain like this, Bitcoin can create sustainable ATH that Altcoin or Shitcoin cannot do. And those who behave like this mostly think Bitcoin feels expensive so they often turn to affordable investments but they forget that there is a DCA strategy that allows purchases with any budget.

Yep, you are right but it seem people like to gambling in altcoin investment so they still search for the shitcoin as their investment. They don't realize in the long term, Bitcoin will be the best investment for them but that will be up to them because we can only suggest them without force them to follow us. They forgot that they can buy Bitcoin in a small portion and not have to buy full 1 Bitcoin at once. They can even use DCA method to have Bitcoin as their main investment and just focus with that for some years. Let say that will be for 4-8 years and just buy Bitcoin constantly using DCA method, no matter if that money is small or medium or big amount.

Such investors are investing in altcoins in the hope of quick profits, but they will never get the expected results, only Bitcoin investment can expect good results. Shitcoins are never safe, investing in them means throwing money towards disaster for sure. Before an investor invests, the more success they expect from Shitcoin, they never get accordingly result, because as profitable as shitcoins look, in reality it is much more harmful.
Bitcoin is an independent currency, an investor can invest any amount of money in Bitcoin according to his ability, there is no minimum limit for Bitcoin investment, those who think that to invest in Bitcoin, you must buy 1 Bitcoin, they have not yet understood Bitcoin.
However, an investor should understand that Bitcoin will definitely be a best investment if it can be run continuously for 8-10 years through DCA. And even after 8-10 years, Bitcoin will definitely remain the most profitable investment.

People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.

Most people created this altcoin for there selfish interest of scamming people of there hard earned money, people are so greedy and desperate that if they have a opportunity to grow there money with a fast means regardless of there financial circumstances they seize every opportunity of making a fast money from this shitcoin, not knowing that it would probably be a scam, it would be important if we have opportunity to sensitize people who are interested to invest in crypto to always choose investing in Bitcoin and to stay away from Shitcoin.

[BlackBoss_]

People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.

The most danger is they don't think they are gambling and most of them calling themselves as investors or traders like in fact they are gamblers.

Without awareness of what they are doing, they can not have appropriate management on their capital and will continue taking more risk. It only makes things worse and worse until a day they realize it through their big losses and perhaps it will be too late for any correction when they have empty balance after all.

Investment must start with good knowledge, deep learning, then enough practice for their risk control, capital allocation and management for their investment portfolio. Bitcoin grows with time in adoption, value and price so if they can have good management and they are able to hold bitcoin in right ways - in non custodial wallets, off centralized exchanges, they will be in their good investment adventure to profit and better wealth.

[Tonimez]

People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.

The most danger is they don't think they are gambling and most of them calling themselves as investors or traders like in fact they are gamblers.

Without awareness of what they are doing, they can not have appropriate management on their capital and will continue taking more risk. It only makes things worse and worse until a day they realize it through their big losses and perhaps it will be too late for any correction when they have empty balance after all.

Investment must start with good knowledge, deep learning, then enough practice for their risk control, capital allocation and management for their investment portfolio. Bitcoin grows with time in adoption, value and price so if they can have good management and they are able to hold bitcoin in right ways - in non custodial wallets, off centralized exchanges, they will be in their good investment adventure to profit and better wealth.

It is in the nature of humans to be greedy or desperate to make it fast. Sometimes all a person needs to change his mindset is proper analysis. I still have several shitcoins in my exchange which I actually in my early days of crypto adventures when I thought every market moves upwards and never believed any assets can be lost forever. Bitcoin has gone far beyond that and above trading. Trading is delicate and exhausting of which is failure rate is more of a 70/30 probability. Hodling for long who allow you make use of every opportunity in bitcoin and also allows you to plan.

[SuperBitMan]

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

It must be mandatory for all of us to develop habit of savings. Their are lot of ways in which we can do savings and best of it is to invest in Bitcoin. Everyone has it's own limitations for investing in Bitcoin, the one who can easily afford 100$ a week should invest 100$ per week while the one who can afford to invest 10$ per week must keep investing that much money. It may look boring or useless in start but it's real benefit will be evident if you keep investing for years. Bitcoin price will go up with time and we must be ready to take advantage of that price hike by investing at right moment.   

Bitcoin investment shouldn't be done the way you have just explained it, when you invest all you get in a week into Bitcoin investment it can be considered as gambling  because you are not investing from your discretionary income, if you invest all you get in a week into Bitcoin what will you then use to sort out your daily needs or other  necessary needs when they come up.

Since bitcoin investment is for a longer time we are expected to invest using our discretionary income.

Yeah you are right Zackz5000, when it comes to bitcoin investment you invest using only your Discretionary income if you are using money meant for paying of bills to invest in Bitcoin then you are making the wrong decision whether you are a Bitcoin trader or investor, when you use money meant for paying of bills you will surely have no peace of mind and as time goes on you will dip hands into your Bitcoin investment to pay that Bill.

There are some people who use all there salary for the week to invest on Bitcoin hoping get money from somewhere maybe they have a side hustle where they are expecting money from that same week, it very is wrong to use all your salary for the week to invest in Bitcoin because you are hoping to get another money from your side hustle what if something happened and that your side hustle failed for that week and you don't receive any money, this was what made me dip hands into my Bitcoin investment and it thought me a lesson so when you get your salary for the week use only your Discretionary income from that salary to accumulate Bitcoin and then when the side hustle money comes you can decide to invest all.

[Spaceman1000$]

People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.

The most danger is they don't think they are gambling and most of them calling themselves as investors or traders like in fact they are gamblers.

Without awareness of what they are doing, they can not have appropriate management on their capital and will continue taking more risk. It only makes things worse and worse until a day they realize it through their big losses and perhaps it will be too late for any correction when they have empty balance after all.

Investment must start with good knowledge, deep learning, then enough practice for their risk control, capital allocation and management for their investment portfolio. Bitcoin grows with time in adoption, value and price so if they can have good management and they are able to hold bitcoin in right ways - in non custodial wallets, off centralized exchanges, they will be in their good investment adventure to profit and better wealth.

It always depends on who is introducing them to investing in those shitcoins and what the person might be telling them, a newbie's mind is like that of a new born baby who doesn't have anything in his brain except for the new things he is learning. So newbies that are not mentored rightly coupled with the mindset of making money quickly are mostly victims of this scam coins. You know experience they say is the best teacher, most of the newbies learnt how to properly invest in the right coin in the hard way, so the knowledge and deep learning process and their risk management some of them have gotten for those that had to mindset to seek for the proper coin to invest in, came from the experience they've gotten from the beginning of their investment journey.  So for some of the big investors we have today in bitcoin, they didn't have a smooth ride, it was from one learning process to another until they finally got it right.

[michellee]

People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.

The most danger is they don't think they are gambling and most of them calling themselves as investors or traders like in fact they are gamblers.

Without awareness of what they are doing, they can not have appropriate management on their capital and will continue taking more risk. It only makes things worse and worse until a day they realize it through their big losses and perhaps it will be too late for any correction when they have empty balance after all.

Investment must start with good knowledge, deep learning, then enough practice for their risk control, capital allocation and management for their investment portfolio. Bitcoin grows with time in adoption, value and price so if they can have good management and they are able to hold bitcoin in right ways - in non custodial wallets, off centralized exchanges, they will be in their good investment adventure to profit and better wealth.

Buying all kind of different shitcoin will be dangerous for them because no one will know what happen later. Rather than buying shitcoin, they have a better option if not the best to buy Bitcoin and keep that in their wallet. But we know people can get tempting easily from what they see in the Internet especially in their social media. So that make them keep buying using their money without think that it is better they use that money to buy Bitcoin. They

If they want to search for a while, they will see many good resources available they can use to learn about Bitcoin investment. They will also know that in Bitcoin investment, they have a DCA method to buy Bitcoin at the time range let say 4 years and hold it after they buy. They will learn how to manage their own money using DCA method because they don't have to use all of their salary at once like what they do in shitcoin.

[Ruttoshi]

People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.

Investment must start with good knowledge, deep learning , then enough practice for their risk control, capital allocation and management for their investment portfolio. Bitcoin grows with time in adoption, value and price so if they can have good management and they are able to hold bitcoin in right ways - in non custodial wallets, off centralized exchanges, they will be in their good investment adventure to profit and better wealth.

Bitcoin investment isn't other kind of investment that you must learn deep into it and have a good knowledge before you can invest. Only the basic knowledge of bitcoin is enough fo a new investor to start his bitcoin investment as long as he has his discretionary income available. This is because bitcoin is a long-term investment and you are only buying and buying without selling.

You can learn whatever aspect of bitcoin that's of importance to you as you have started investing in bitcoin, so that you don't waste more time trying to learn deep about bitcoin as the no coiner and miss out the opportunity in the market. Bitcoin is broad and needs time to learn little by little, that's why you don't need to deprive yourself from starting your bitcoin all in the name of learning. As a matter of fact, bitcoin investment knowledge must be done with practice for better experience.

Anyone that's already use to saving part of his discretionary income to buy something of important to him, will easily be able to have a good cash inflow management.

[henry_of_skalitz]

Bitcoin investment isn't other kind of investment that you must learn deep into it and have a good knowledge before you can invest. Only the basic knowledge of bitcoin is enough fo a new investor to start his bitcoin investment as long as he has his discretionary income available. This is because bitcoin is a long-term investment and you are only buying and buying without selling.

You can learn whatever aspect of bitcoin that's of importance to you as you have started investing in bitcoin, so that you don't waste more time trying to learn deep about bitcoin as the no coiner and miss out the opportunity in the market. Bitcoin is broad and needs time to learn little by little, that's why you don't need to deprive yourself from starting your bitcoin all in the name of learning. As a matter of fact, bitcoin investment knowledge must be done with practice for better experience.

Anyone that's already use to saving part of his discretionary income to buy something of important to him, will easily be able to have a good cash inflow management.

One should know as much as to understand why they need to hodl - and why they shouldn't drop their bags once the chart becomes red for a bit.

Because BTC bounces back eventually, and some just cannot wait patiently before that happens with their investment.

[Bd officer]

Most people created this altcoin for there selfish interest of scamming people of there hard earned money, people are so greedy and desperate that if they have a opportunity to grow there money with a fast means regardless of there financial circumstances they seize every opportunity of making a fast money from this shitcoin, not knowing that it would probably be a scam, it would be important if we have opportunity to sensitize people who are interested to invest in crypto to always choose investing in Bitcoin and to stay away from Shitcoin.

Investing in Shitcoin is very risky, if someone invests in Shitcoin, if he is lucky, he will make a profit but most of the time he will have to face losses. But if he invests in Bitcoin and can hold it for a long time, then he can expect a profit. Now there are some people who think that the price of Bitcoin is very high, so they do not want to invest in Bitcoin. Now they should focus on the future because the price of Bitcoin will not remain stable here and will increase a lot in the future. Now to invest in Bitcoin, it is not necessary to buy 1 Bitcoin, everyone can invest according to their ability. So you have to stay away from risky coins like Shitcoin and invest in Bitcoin with a long-term plan using the DCA method. Shitcoin is very risky, which Shitcoin is compared to gambling, so we should always stay away from Shitcoin.

[Doan9269]

Buying bitcoin to hold for a long time is the most of all because it comes with lesser risk compared to other forms if investment and trading, all it may requires form us is to understand and have the ability of knowing the best time to buy and for how long to hold before selling, by doing this, we may eventually ended not being out of moves, because we are already standing on a right position as we hold, but some don't have the knowledge of why they must do this and avoid doing other things, because the main purpose for us to invest is with the intention of making profits, but the real fact is that not everyone investing are getting it right to making the profit.

You, Doan9269, seem to be describing a trader mindset rather than an investor mindset, since with an investment that might be a timeline that is 4-10 years or longer, and yeah, perhaps 10 years or longer is a better way of thinking about it since the lower timelines of 4-10 years might only have legitimate reasons to get out of the investment for health and/or age reasons.. Otherwise maybe 4-10 years might be considered to be bordering on trading rather than investing..  since an investor might take many years to establish a bitcoin position, maybe even 1-2 cycles just to establish a position, and then maybe if the investor takes 2 cycles to establish a position, he might spend 1 cycle waiting before transitioning into sustainable withdrawal stage...  That would add up to 3 cycles in total, which may well bring many investors to needing to plan 12 years or longer for their bitcoin investment.   

I appreciates your further enunciation on this, because we need to understand why we must invest and as well the required time frame for us to hold before we can be profitable at it, which some of us mistakenly or unknowingly got wrong when differentiating from Investment and trading.

Now i understand that we need to proof ourself an investor being able to hold and have this done for some years in other to appreciate the value of our investment in a profitable manner, an holder must be able to afford waiting for two to three market circles before making decision on sale, same applies as you have mentioned that it can also take up to a market circle for us to find a suitable entry into the market and invest to hold.

[Proty]

There are some people who use all there salary for the week to invest on Bitcoin hoping get money from somewhere maybe they have a side hustle where they are expecting money from that same week, it very is wrong to use all your salary for the week to invest in Bitcoin because you are hoping to get another money from your side hustle what if something happened and that your side hustle failed for that week and you don't receive any money, this was what made me dip hands into my Bitcoin investment and it thought me a lesson so when you get your salary for the week use only your Discretionary income from that salary to accumulate Bitcoin and then when the side hustle money comes you can decide to invest all.

It will be unwise for an investor to use all his income either monthly or weekly to accumulate bitcoin without first sorting out his discretionary income, as to know whether he has discretionary income at his disposal to be used for accumulating bitcoin.using funds for family upkeep for accumulating bitcoin may  not just be stressful but rather exposing our investment to the risk of dipping hands into it before the anticipated time line and also there won't be room for emergency funds and making our bitcoin investment to be unstable.

[red4slash]

You are wrong because there are times when investing aggressively becomes necessary to achieve some targets or maximize opportunities. Aggressive investing is not entirely bad if all the minor ingredients are in place and it is done within the discretionary income. Just to through more light on this, aggressive investment is like someone whose discretionary income is $2,000 and decide to invest as much as $1,000 which represents 50% of the funds. This user is aggressive because he would have condition himself to avoid leisure and some other unnecessary things to be able to build a good Bitcoin portfolio within a time he would have set for himself or take dip he would have noticed in the market. This does not mean in any way that aggressive investing ignore the need for emergency funds or others, it is more connected to the passion and determination of the investor.

Therefore, the focus should not be too much on self-imposition. It is okay to be aggressive because aggressive buying can still be justified but it must be in accordance with the financial limits we have, meaning that we can still balance our primary needs in real life and investments made without exceeding the income we get every month.

Being aggressive does not only mean buying a large amount directly but also those who make purchases without a limited time frame can also be said to be aggressive purchases, for example those who originally buy once a week are changed to a week 2 or 3 times it can also be an aggressive step taken and it is okay for them to do as long as they are aware of the risks and can minimize or manage their finances well so that what they do does not make them difficult at the end because they cannot bear the risks they have.
But even though this is okay to do, it doesn't mean we have to do it if we can't afford it because after all, a strategy like this certainly also triggers a much greater risk than ordinary purchases and when it will be done, we must indirectly be prepared with all forms of conditions which of course this is based on the economy we have.

[Miles2006]

There are some people who use all there salary for the week to invest on Bitcoin hoping get money from somewhere maybe they have a side hustle where they are expecting money from that same week, it very is wrong to use all your salary for the week to invest in Bitcoin because you are hoping to get another money from your side hustle what if something happened and that your side hustle failed for that week and you don't receive any money, this was what made me dip hands into my Bitcoin investment and it thought me a lesson so when you get your salary for the week use only your Discretionary income from that salary to accumulate Bitcoin and then when the side hustle money comes you can decide to invest all.

It will be unwise for an investor to use all his income either monthly or weekly to accumulate bitcoin without first sorting out his discretionary income, as to know whether he has discretionary income at his disposal to be used for accumulating bitcoin.using funds for family upkeep for accumulating bitcoin may  not just be stressful but rather exposing our investment to the risk of dipping hands into it before the anticipated time line and also there won't be room for emergency funds and making our bitcoin investment to be unstable.

Mistakes like this are rare but if such ever happens I’m more curious why an investor will use everything when it comes to investing, I don’t consider this an aggressive buying rather using everything is one of the quickest way to destroy a bitcoin portfolio. Although due to wanting more few can take this step but, funny enough wanting more requires management knowledge, I was privileged to discuss with my friend concerning another form of investing that never went well and to my biggest surprise he had plans due to higher expectation so I guess one of the reasons people choose to go all in can be considered as greed. For the fact bitcoin is a good investment choice we must apply knowledge when investing, for example using a budgeted money meant for family care to accumulate bitcoin is risky not just risk it’s an act of trade for the sake of wanting quick profit, as stated earlier management planning is far helpful for a long term accumulation process most especially a monthly salary earner well I’m speaking from experience.

[bitzizzix]

There are some people who use all there salary for the week to invest on Bitcoin hoping get money from somewhere maybe they have a side hustle where they are expecting money from that same week, it very is wrong to use all your salary for the week to invest in Bitcoin because you are hoping to get another money from your side hustle what if something happened and that your side hustle failed for that week and you don't receive any money, this was what made me dip hands into my Bitcoin investment and it thought me a lesson so when you get your salary for the week use only your Discretionary income from that salary to accumulate Bitcoin and then when the side hustle money comes you can decide to invest all.

It will be unwise for an investor to use all his income either monthly or weekly to accumulate bitcoin without first sorting out his discretionary income, as to know whether he has discretionary income at his disposal to be used for accumulating bitcoin.using funds for family upkeep for accumulating bitcoin may  not just be stressful but rather exposing our investment to the risk of dipping hands into it before the anticipated time line and also there won't be room for emergency funds and making our bitcoin investment to be unstable.

Not only is it unwise but it is also stupid and only a fool would use his entire weekly or monthly income to buy Bitcoin and I don't think any investor would do that, and it doesn't only apply to Bitcoin and those who make any investment will definitely prioritize their basic needs or living needs first and only leave money that is really unused or called discretionary income that they can actually use to be divided into two parts, namely for routine purchases that you invest in or Bitcoin and also for emergency funds or reserve funds that you do both together for the long term.

And if there are investors who make aggressive purchases using all their income then that is a criminal act and also unreasonable. Because it is certain that the investor no longer has money and what about their important needs, especially the need to survive such as eating, drinking and other important needs, it makes no sense at all unless they have other income outside of their main income and that makes sense but they still have to have an emergency fund or reserve that should not be used for aggressive purchases because whatever the reason, one day it will definitely be needed which happens unexpectedly without using the long-term investment that you have built before and used because you were forced to before reaching the desired target.

[Issa56]

Yeah you are right Zackz5000, when it comes to bitcoin investment you invest using only your Discretionary income if you are using money meant for paying of bills to invest in Bitcoin then you are making the wrong decision whether you are a Bitcoin trader or investor, when you use money meant for paying of bills you will surely have no peace of mind and as time goes on you will dip hands into your Bitcoin investment to pay that Bill.

When investing, we should be smart when doing it. Investing the amount which is suppose to be used for paying bills doesn’t make sense, when you invest that amount of money into bitcoin, then when it’s time to pay those bills, then you will have to sell your bitcoin back just for you to take of it, and don’t be surprise that you going to be selling at loss, because bitcoin might have dropped from the price which you bought it, and you won’t have choice than to sell, because you will have to pay those bills.

When we are investing in bitcoin, then it shouldn’t be with the money which we will be using to pay our bills, or the money which we will be using within a short period of time, because if you do that, then it’s just going to be difficult to hold bitcoin for a long term, if problem arises you will have to sell the bitcoin which you bought just to take care of the problem.