Buy Buy Buy or Sell Sell Sell?

[Olatundespo]

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,

Lose of priority is what many ran into all in the name of investing in bitcoin without knowing that everything have to come in its due time, there's nothing bad in our desperation to invest, but there must be adequate provisions made for all before starting, so that we don't run into unforeseen circumstances which may not warrant us to further continue with our investment or hodl, because related issues like this has been part of why some could hastily sell at loss because they have misappropriate their investment fund right from the start.

Therefore, financial management is the most crucial part that must be applied when we invest

We need to develop a goo ethical behavior in financial management, also, we have to manage our emotions well, so that it does not lead us to taking unnecessary actions, also, having a disciplined financial asset management is important, because we are going to be more conscious of every decision and steps taken as being a deliberate action and not what we may not have planned for, before taking it.

Financial management is very crucial and I also believe that that has been the sermon here from a very long time. Investing above your capacity in the name of aggressive investment has a repercussion which could render you coinless within a space of time. Some people have argued that in the event of sudden unplanned huge income, that you channel the excess to bitcoin investment beyond your usual discretionary DCA approach and this is what they refer to as lump-sum. Investing in that capacity is good but before you do that, there should be a corresponding increase in your backup and emergency funds also. This would enable you to cushion the effects of whatever may lead you into selling off your coins before maturity or at least completing above one cycle.

It is not clear what you mean by beyond your means. If you do not have enough money, then you will not have the consideration of buying and you may not even imagine investing. So you should not misguide others about investing. There will be a mixture of emotions and reality among investors and sometimes because of the high level of emotions among them they are attracted to lump sum investments and if they are through their own floating money they can be ahead in getting Bitcoin holdings.
It will not be easy for an investor to follow the financial management correctly in the beginning because they decide to buy at different prices and market conditions. In the meantime if those investors get dips events they can make aggressive buy from floating cash funds. Being afraid of investing means that you do not know how to use your money properly. Financial management in investing is to continue accumulation Bitcoin with discretionary income every week or month and increasing the amount of Bitcoin pile by aggressively buying during the expected events.

[Sonia_123]

You have elucidated your point obviously and I would commend you on that. But I also stand to say that the level of reserved funds you described here are almost impracticable to many investors and/or Newbies.  A salary earner knows when he would see his salary and already knows the amount. This allows home to almost rotate their circle of expenditure and also place it hierarchically.

Emergency funds are all-important and a must have. Keeping enough reserve funds could save your life anyday. Before you invest, you save your reserves and you also need to save up fiats, cash at hand also.

Your comment is very misleading. There is no need to save reserves or save cash flow before investing. You do not have to wait for anything to invest. If you delay investing to save reserves or save cash flow before investing, then you may miss out on many buying opportunities during this time. What can you do with reserve reserves or save cash flow if you do not already have any investment funds?

Yes, you can strengthen your financial management by using these in real life. But you should not delay investing in any way to save reserve funds or save cash flow. This will not only make you lose buying opportunities but also delay achieving your goals. So make sure you have sufficient basic knowledge for investing and have a prudent source of income. I think you should not delay investing for anything else.

You can create these along with investing. By building on top of your stable income, you can build an emergency fund alongside investments.

As a newbie, no coiner or low coiner, you don't need to have reserve funds or remainder from your salary before starting your investment, all you need is your discretionary income to start investing in Bitcoin, your discretionary income happens to be that money remaining after putting in place all your important expenses, remember that your personal expenses is first and the remaining cash be shared, and if at the end of your expenses you don't have any money left for your emergency ,you can start building your emergency fund at the same time when you are start buying Bitcoin and that is why it is adviceable to start buying Bitcoin using the DCA strategy in other to help you start little by little before you upgrade when your income is ok by you to comfortably carryout all your backup funds.

[MainIbem]

Financial management is very crucial and I also believe that that has been the sermon here from a very long time. Investing above your capacity in the name of aggressive investment has a repercussion which could render you coinless within a space of time. Some people have argued that in the event of sudden unplanned huge income, that you channel the excess to bitcoin investment beyond your usual discretionary DCA approach and this is what they refer to as lump-sum. Investing in that capacity is good but before you do that, there should be a corresponding increase in your backup and emergency funds also. This would enable you to cushion the effects of whatever may lead you into selling off your coins before maturity or at least completing above one cycle.

It is not clear what you mean by beyond your means. If you do not have enough money, then you will not have the consideration of buying and you may not even imagine investing. So you should not misguide others about investing. There will be a mixture of emotions and reality among investors and sometimes because of the high level of emotions among them they are attracted to lump sum investments and if they are through their own floating money they can be ahead in getting Bitcoin holdings.
It will not be easy for an investor to follow the financial management correctly in the beginning because they decide to buy at different prices and market conditions. In the meantime if those investors get dips events they can make aggressive buy from floating cash funds. Being afraid of investing means that you do not know how to use your money properly. Financial management in investing is to continue accumulation Bitcoin with discretionary income every week or month and increasing the amount of Bitcoin pile by aggressively buying during the expected events.

You choose to be misled cause you failed to pay attention to details of his statements, maybe you don't understand what he meant by investmenting above your capacity, he's right afterall and every investor should invest according to their income and that's just it, you don't go investing above your income all in the name of investing aggressively and like he said which is very true, the consequences of doing that can lead one to being coinless cause you'll be forced to sell off your coin at some point to solve pressing issues when it's not very matured for taking profits, that's why investing according to one's financial capacity is very important so you'll still have funds left to spend on important expenses like food, utilities, health and other bills. Also, in a full circle, lots of dips would definitely occur therefore there's no point rushing to invest aggressively cause you witnessed a dip and invest beyond your limits.

[BD User]

@ gost ms I think you're the one that is misleading the whole thing here, if you really think that there is no need to have a good cash flow before investing in Bitcoin then how did you intend to Carry out your investment plans? Seems you don't understand what cash flow is all about. Now let me explain to you briefly about what cash flow is all about, cash flow is the movement of money into and out of a business over a certain period of time, and without you having a good cash flow there's no way you can be able to carry out your investment plans, mind you cash flow and reserve fund is two different things so you don't have to consider them as One.

Implementing an investment plan requires basic knowledge and prudent income. It is true that it is good to have a good cash flow before starting an investment, but you should not delay investing at all to build a good cash flow if you are prepared in terms of knowledge and income source.

You should also remember that Bitcoin investment and a business are not the same. There is a big difference between the two. In the case of a business establishment, you need to have a good cash flow. Where you need to add money regularly to run the business. But in the case of Bitcoin investment, you need to have the ability to invest Bitcoin regularly. You can compare Bitcoin investment with savings instead of comparing it to a business. Bitcoin investment is like a kind of savings. From which you will never spend, but rather keep accumulating continuously. Therefore, it is not very important for you to have a good cash flow in advance. Keep investing without delay and keep building the necessary funds or good cash flow at the same time.

[Bitcoin.com97]

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?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

If you Buy and sell you may be at lose because the market is volatile. There may be increase today and decrease tomorrow, but stacking up for a long term gives more value, so  there is no point of trading with your investment.

[Futurexxx]

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?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

It's only traders that think and act this way, when dealing with Bitcoin, you must be thinking long term, anything other than that is trading, and trading your Bitcoin investment for minimal gains wouldn't take you anywhere. In my own opinion, the best way to go about your Bitcoin investment is to buy regularly through the DCA accumulating strategy, and try to accumulate a very good stash of Bitcoin for like 10 years or more, because your stash of Bitcoin is what's going to determine how profitable and successful you might be in your investment, so try to think long term when investing in Bitcoin because that's the best way to get the best possible result out of your Bitcoin holdings.

[Joy- maker]

Emergency funds are all-important and a must have. Keeping enough reserve funds could save your life anyday. Before you invest, you save your reserves and you also need to save up fiats, cash at hand also.

No bro, I think that this is actually wrong in my own opinion because that move might delay you in your investment, you don't have to start saving your reserve funds before you start your Bitcoin accumulation journey, all you just have to do is to start accumulating Bitcoin through your discretionary income and along the line you can start building your emergency funds and your reserve funds gradually, but if you decide to be waiting to have a reserve fund first before you start investing, you might not even start investing after all, after you have wasted a whole lot of time you would have utilized properly, so just start now if your discretionary income is available, along the line you can start making provisions for emergency funds and reserve funds, because they are very key in preserving your Bitcoin investment from any real life emergency that may have warrant you to temper with your investment, but once you have it in place, your Bitcoin investment is safe because it's stands as a shield against any unforseen circumstances that may arise in the future.

I agree with you, because you are correct, you don't have to wait to build your emergency fund and reserve fund before you can start accumulating bitcoin to hold for long term, it will delay your investment junney and you might even up not investing in bitcoin in next 2 to 3 years, all because you want build up emergency fund and reserve fund first before you can get started, no if you have sources of income get started first with your discretionary income after you must have settled your basic needs and expenses, them along the line you can be building your emergency fund and reserve small small and with time you will build up enough emergency fund and reserve fund and by them too you must have accumulated a good portion of bitcoin to hold for long term.

[sotelorene]

@ gost ms I think you're the one that is misleading the whole thing here, if you really think that there is no need to have a good cash flow before investing in Bitcoin then how did you intend to Carry out your investment plans? Seems you don't understand what cash flow is all about. Now let me explain to you briefly about what cash flow is all about, cash flow is the movement of money into and out of a business over a certain period of time, and without you having a good cash flow there's no way you can be able to carry out your investment plans, mind you cash flow and reserve fund is two different things so you don't have to consider them as One.

Implementing an investment plan requires basic knowledge and prudent income. It is true that it is good to have a good cash flow before starting an investment, but you should not delay investing at all to build a good cash flow if you are prepared in terms of knowledge and income source.

You should also remember that Bitcoin investment and a business are not the same. There is a big difference between the two. In the case of a business establishment, you need to have a good cash flow. Where you need to add money regularly to run the business. But in the case of Bitcoin investment, you need to have the ability to invest Bitcoin regularly. You can compare Bitcoin investment with savings instead of comparing it to a business. Bitcoin investment is like a kind of savings. From which you will never spend, but rather keep accumulating continuously. Therefore, it is not very important for you to have a good cash flow in advance. Keep investing without delay and keep building the necessary funds or good cash flow at the same time.

Whatsoever you remove a cent of your income to handle or to make sure that particular thing is going smoothly or well, I consider it as an expenses because that small cent can be used for other things if not for that investment so what I'm saying in essence is that there is no too much difference between business and Bitcoin investment because they have this similarity of making sure what you are into is growing well or improving and in business, sometimes one will have to top up money to increase his or her products or goods to make sure he or she satisfy customers there by increasing his capital likewise investors, they invest consistently to make sure there portfolio look great and big in there eyes so that in the future they will have the cause to rejoice or smile.

[Popkon6]

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?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

It's only traders that think and act this way, when dealing with Bitcoin, you must be thinking long term, anything other than that is trading, and trading your Bitcoin investment for minimal gains wouldn't take you anywhere. In my own opinion, the best way to go about your Bitcoin investment is to buy regularly through the DCA accumulating strategy, and try to accumulate a very good stash of Bitcoin for like 10 years or more, because your stash of Bitcoin is what's going to determine how profitable and successful you might be in your investment, so try to think long term when investing in Bitcoin because that's the best way to get the best possible result out of your Bitcoin holdings.

We only have to think about the purchase side of Bitcoin, only if we can buy Bitcoin can we take the decision to sell later. But in the initial stage we have to buy Bitcoin deep and follow the regular DCA method, then if we hold Bitcoin for the future 5 to 10 years or 10 to 15 years and follow the regular DCA method, then it is definitely possible to create a large portfolio. But only on patience can you determine your time that the investor will be able to accumulate as much Bitcoin as he is patient.
If someone can add a small amount of Bitcoin, he can deposit the money there in Bitcoin, excluding his habits except for his family needs. An investor will definitely succeed only if he has an investment strategy, because long-term investment will definitely give clear results to the investor.

[betswift]

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

If you Buy and sell you may be at lose because the market is volatile. There may be increase today and decrease tomorrow, but stacking up for a long term gives more value, so  there is no point of trading with your investment.

Short period with BTC is more risk, less reward.

Long term brings all that short term can't

[michellee]

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?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

If you Buy and sell you may be at lose because the market is volatile. There may be increase today and decrease tomorrow, but stacking up for a long term gives more value, so  there is no point of trading with your investment.

Yes, buy and hold for long period is advisable for us. We don't have to worry if the price is drop because that will be our time to buy back for more. Those people may not get the low price if he sell immediately when the price is down so he only regret of what he did. Besides that, the price can jump after the price drop and that happen many times in the market. So if you can control your emotion not to panic and analyze more, you will see the chance to buy back at a low price. If you really want to invest in Bitcoin, you don't have to think about that because you buy and hold and not sell.

[bitzizzix]

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?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

If you Buy and sell you may be at lose because the market is volatile. There may be increase today and decrease tomorrow, but stacking up for a long term gives more value, so  there is no point of trading with your investment.

Yes, buy and hold for long period is advisable for us. We don't have to worry if the price is drop because that will be our time to buy back for more. Those people may not get the low price if he sell immediately when the price is down so he only regret of what he did. Besides that, the price can jump after the price drop and that happen many times in the market. So if you can control your emotion not to panic and analyze more, you will see the chance to buy back at a low price. If you really want to invest in Bitcoin, you don't have to think about that because you buy and hold and not sell.

That's what happens if you don't really study the Bitcoin journey, most people, especially beginners, are only tempted by the profits without studying the Bitcoin journey because it's not just the basics and what they really need to know and learn is the Bitcoin journey so far. Because the Bitcoin journey trail will motivate them to treat Bitcoin for the long term without having to worry because they will know that declines will always occur but in the end the price will go back up, and will always take advantage of the decline that occurs to collect more Bitcoin because it is the best moment or discount to be able to buy it at a cheaper price and save it for the long term.

Emotions and panic will always be there for those who don't really study the Bitcoin journey trail because emotions and panic will always be there like the Bitcoin journey, declines will always be there and that's what makes them feel emotional and panic which has the potential to make the wrong decisions. And if they study and really understand the Bitcoin journey they will not feel emotional and panic because they already know and will be calm and know what to do, and know that in the end the price will go back up and continue like that so treating Bitcoin for the long term is the best way to create extraordinary profits in the future.

[Bitcoin.com97]

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

You should provide some information about yourself and your goals and perhaps you can provide that information without getting into too many specifics.. perhaps talk in terms of hypotheticals or maybe percentages.

Have you bought any bitcoin?

Do you have other investments?  how about debts and expenses?  

Do you have a steady income?  Are you expecting your income to change?  Do you know your discretionary income?  is it steady or does it vary?

Do you have emergency funds? or other kinds of back up funds?

What are your thoughts about bitcoin as compared with other places where you might invest?

What is your investment timeline?

Sorry for my late responses, I would have replied you earlier before now but due to tight schedule I couldn’t reply at the appropriate time, below are my answers to your questions

No I haven’t bought any Bitcoin
Yes I do have some other investment that are part of my financial strategy. As for debits NO I don’t owe any debts , expenses are just the regular expenses which includes the usual necessities like housing, food, transportation and my investments which I’m working on optimizing my budget to achieve my financial goals

I do not have steady income and yes I’m expecting my income to change .
Yes I am aware of my discretionary income and I try to manage my finance accordingly, I prioritizes essential expenses and them allocate my remaining income towards savings , investment and discretionary activities, and yes it Varys .

Yes I have an emergency fund,I make sure I save a little from my investment, I know the importance of having a savings set aside for unexpected expenses or unforeseen circumstances, so I ensure I prepare for unexpected situations that may arise .

Bitcoin is popular, Bitcoin is a good investment site that helps and guild one right depending on ur financial goals , Bitcoin has a good value than other places where I have invested and I wish I  started bitcoin early enough when I was told about it I would have gotten higher value than other places I invested on.

My investment time is less than 5years for growth,stability and wealth accumulation.

[Ricardo11]

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?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

It's only traders that think and act this way, when dealing with Bitcoin, you must be thinking long term, anything other than that is trading, and trading your Bitcoin investment for minimal gains wouldn't take you anywhere. In my own opinion, the best way to go about your Bitcoin investment is to buy regularly through the DCA accumulating strategy, and try to accumulate a very good stash of Bitcoin for like 10 years or more, because your stash of Bitcoin is what's going to determine how profitable and successful you might be in your investment, so try to think long term when investing in Bitcoin because that's the best way to get the best possible result out of your Bitcoin holdings.

We only have to think about the purchase side of Bitcoin, only if we can buy Bitcoin can we take the decision to sell later. But in the initial stage we have to buy Bitcoin deep and follow the regular DCA method, then if we hold Bitcoin for the future 5 to 10 years or 10 to 15 years and follow the regular DCA method, then it is definitely possible to create a large portfolio. But only on patience can you determine your time that the investor will be able to accumulate as much Bitcoin as he is patient.
If someone can add a small amount of Bitcoin, he can deposit the money there in Bitcoin, excluding his habits except for his family needs. An investor will definitely succeed only if he has an investment strategy, because long-term investment will definitely give clear results to the investor.

If you want to be successful in investing in Bitcoin, you must follow a long-term holding plan and DCA method and invest consistently. You should always think about buying Bitcoin, no matter what the price is, never think about selling. When an investor can be consistent in buying, then an investor will be able to build a strong portfolio in the future. The importance of DCA has no end, it provides maximum benefits to an investor. So try to understand the right thing, and keep saving Bitcoin for the future, now you should continue to invest as much as possible, and even no mattar how small that, this will bring big success in the future.

[Sim_card]

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

You should provide some information about yourself and your goals and perhaps you can provide that information without getting into too many specifics.. perhaps talk in terms of hypotheticals or maybe percentages.

Have you bought any bitcoin?

Do you have other investments?  how about debts and expenses?  

Do you have a steady income?  Are you expecting your income to change?  Do you know your discretionary income?  is it steady or does it vary?

Do you have emergency funds? or other kinds of back up funds?

What are your thoughts about bitcoin as compared with other places where you might invest?

What is your investment timeline?

Sorry for my late responses, I would have replied you earlier before now but due to tight schedule I couldn’t reply at the appropriate time, below are my answers to your questions

No I haven’t bought any Bitcoin
Yes I do have some other investment that are part of my financial strategy. As for debits NO I don’t owe any debts , expenses are just the regular expenses which includes the usual necessities like housing, food, transportation and my investments which I’m working on optimizing my budget to achieve my financial goals

I do not have steady income and yes I’m expecting my income to change .
Yes I am aware of my discretionary income and I try to manage my finance accordingly, I prioritizes essential expenses and them allocate my remaining income towards savings , investment and discretionary activities, and yes it Varys .

Yes I have an emergency fund,I make sure I save a little from my investment, I know the importance of having a savings set aside for unexpected expenses or unforeseen circumstances, so I ensure I prepare for unexpected situations that may arise .

Bitcoin is popular, Bitcoin is a good investment site that helps and guild one right depending on ur financial goals , Bitcoin has a good value than other places where I have invested and I wish I  started bitcoin early enough when I was told about it I would have gotten higher value than other places I invested on.

My investment time is less than 5years for growth,stability and wealth accumulation.

Since you have already know that bitcoin generates more profits overtime than an other investment, what are you still waiting for. Why don't you start investing in bitcoin by using your savings like you said or channel funds from your other investment into bitcoin. Bitcoin is still in her early stage and the future is very bright for bitcoin. Therefore, I would advise you to try how you can use part of your discretionary income to invest in bitcoin no matter how little it is. You can use like $10 to start your investment and be buying consistently and persistently every week, you will be surprised at the size of your portfolio in four years time.

Don't regret in future for not taking the bold step in start your bitcoin investment now because it's never too late to invest in bitcoin but it can be too late for you to have a good size of bitcoin if you don't start right away to invest with your discretionary income.

Investing in bitcoin for less than five years wouldn't help you accumulate a good size of portfolio because the price of bitcoin is increasing overtime. This is why you need go have a long-term investment mindset so that you can build, grow and hodli your bitcoin investment for two circles and above.

[red4slash]

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.

Buying bitcoin does not mean that we go overboard at any particular time and/or with any particular purchase (or set of purchases) that we choose to make.  If we make a mistake and we invest money that we actually need for our expenses, then we are overaggressively investing into bitcoin, and so if we merely call it being aggressive, we are ending up wrong and we have to suffer the consequences for our not knowing the difference between aggressive and overaggressive.

I understand and I agree with this statement but what I said earlier does not refer to purchases but to the definition of aggressiveness because I previously discussed aggressiveness so I gave more explanation because aggressiveness is not only buying a large amount directly but in the end aggressiveness can also refer to continuous purchases without knowing the time as I mentioned earlier. That also refers to the definition of aggressiveness in a purchase but the reference is only that it does not refer that we have to make such investments if we are not able to because of course all purchases must be adjusted according to our abilities in this sense refers to the economy where income and expenses that do need to be considered including for investments made.

I will agree with any assertion that it is better to error on the side of being less aggressive rather than making the mistake of employing overly aggressive practices, and probably it is even more important for beginners to error on the side of not overdoing it, especially while they are getting used to investing and perhaps even learning the boundaries of their cashflow management practices while they might also be building up their emergency funds too, while investing into bitcoin at the same time...so yeah, a balance is likely important to make sure that none of us ends up overdoing it and then recking ourselves in the early years of our bitcoin investment since it is likely important to keep building the bitcoin investment from a solid foundation without setting ourselves back due to our becoming too aggressive too soon.

We should want to survive in the short term, but also survive in the long term, and so building good habits from the start is good, yet at the same time, the more we get used to recognizing boundaries between aggressive and overaggressive then the more that we would be able to maximize our aggressiveness, while at the same time knowing that we are not overdoing it, such as also having back up  funds available in case we make relatively small mistakes along the way of learning.

If talking about the issue of agreeing or not, of course I would also prefer to make regular purchases without having to make aggressive purchases so that we still feel comfortable with the purchases we make and do not feel burdened by it but in the end if someone really wants to do aggressively then as long as they are able to why not, but that does not mean all have to do that.
The key is back to finance because after all we have to measure the capacity we have in this case especially for investment matters because this is not just a toy to save money but there is hope that with the investments we make now there is hope that we can get optimal results in the future from the results we get from what we sowed before.

[Jostern]

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?

That is why it’s always advisable to buy and hold for long period , you can only get the value of Bitcoin when u buy and it could be for a long term or a short period.

If you Buy and sell you may be at lose because the market is volatile. There may be increase today and decrease tomorrow, but stacking up for a long term gives more value, so  there is no point of trading with your investment.

The question you should ask this people who buys coins and what coin did they buy, because in most scenarios this people buy shitcoins that is why it’s always advisable to invest in Bitcoin and not only investing in Bitcoin, you invest and HOLD for a long term, with a good strategy to accumulate for a long time. and people who are interested in checking the price of coins are people who are interested in trading which have more rate of risk and selling when there is a market rise then you’re loosing money. Bitcoin is a volatile asset that is why it is important to invest in longer term projects.

[Gost ms]

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

You should provide some information about yourself and your goals and perhaps you can provide that information without getting into too many specifics.. perhaps talk in terms of hypotheticals or maybe percentages.

Have you bought any bitcoin?

Do you have other investments?  how about debts and expenses?  

Do you have a steady income?  Are you expecting your income to change?  Do you know your discretionary income?  is it steady or does it vary?

Do you have emergency funds? or other kinds of back up funds?

What are your thoughts about bitcoin as compared with other places where you might invest?

What is your investment timeline?

Sorry for my late responses, I would have replied you earlier before now but due to tight schedule I couldn’t reply at the appropriate time, below are my answers to your questions

No I haven’t bought any Bitcoin
Yes I do have some other investment that are part of my financial strategy. As for debits NO I don’t owe any debts , expenses are just the regular expenses which includes the usual necessities like housing, food, transportation and my investments which I’m working on optimizing my budget to achieve my financial goals

I do not have steady income and yes I’m expecting my income to change .
Yes I am aware of my discretionary income and I try to manage my finance accordingly, I prioritizes essential expenses and them allocate my remaining income towards savings , investment and discretionary activities, and yes it Varys .

Yes I have an emergency fund,I make sure I save a little from my investment, I know the importance of having a savings set aside for unexpected expenses or unforeseen circumstances, so I ensure I prepare for unexpected situations that may arise .

Bitcoin is popular, Bitcoin is a good investment site that helps and guild one right depending on ur financial goals , Bitcoin has a good value than other places where I have invested and I wish I  started bitcoin early enough when I was told about it I would have gotten higher value than other places I invested on.

My investment time is less than 5years for growth,stability and wealth accumulation.

Since you have already know that bitcoin generates more profits overtime than an other investment, what are you still waiting for. Why don't you start investing in bitcoin by using your savings like you said or channel funds from your other investment into bitcoin. Bitcoin is still in her early stage and the future is very bright for bitcoin. Therefore, I would advise you to try how you can use part of your discretionary income to invest in bitcoin no matter how little it is. You can use like $10 to start your investment and be buying consistently and persistently every week, you will be surprised at the size of your portfolio in four years time.

Don't regret in future for not taking the bold step in start your bitcoin investment now because it's never too late to invest in bitcoin but it can be too late for you to have a good size of bitcoin if you don't start right away to invest with your discretionary income.

Investing in bitcoin for less than five years wouldn't help you accumulate a good size of portfolio because the price of bitcoin is increasing overtime. This is why you need go have a long-term investment mindset so that you can build, grow and hodli your bitcoin investment for two circles and above.

It is not right to invest with savings for investment. Many people create savings and can deal with them during unexpected financial disasters by taking money from their savings. If he does not have a stable income, if he withdraws money from his investment fund and invests in BTC, then he may face a big danger. Because he does not have a stable income, he relies on his investment and spends his personal expenses, food, transportation expenses, everything from his investment. If he invests in Bitcoin with all his money, then his money will be in crisis and he will be forced to sell his holdings for the money, then he will be financially damaged. Because investment is not short-term. Investment is long-term, try to keep the investment period from 2 to 3 circles. There are many risks in short-term investment.

[Jewan420]

If you want to be successful in investing in Bitcoin, you must follow a long-term holding plan and DCA method and invest consistently. You should always think about buying Bitcoin, no matter what the price is, never think about selling. When an investor can be consistent in buying, then an investor will be able to build a strong portfolio in the future. The importance of DCA has no end, it provides maximum benefits to an investor. So try to understand the right thing, and keep saving Bitcoin for the future, now you should continue to invest as much as possible, and even no mattar how small that, this will bring big success in the future.

Is it not possible to be successful in investing without following the DCA method? I am surprised when someone says that the only investment strategy to be successful in investing is the DCA strategy. I do not agree with you that the DCA strategy must be adopted to be successful in investing.

The DCA strategy makes buying easier for every investor and increases the chances of being successful in investing. But we should not be so strong in the DCA strategy that it proves other strategies to be useless in investing and proves the DCA strategy to be the only effective strategy. The chances of being successful in investing largely depend on how long you can stay in the investment and the investment strategy can play a role here. Even if you can be successful in investing by following other strategies, it may be difficult to build a portfolio as large as the DCA strategy. The DCA strategy provides buying opportunities at all times in the market that other strategies do not. Because of this, you may miss out on buying opportunities in other strategies and may delay achieving your goals. But you can still be successful in other strategies. In this case, you may be behind the DCA user.

[JayJuanGee]

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

You should provide some information about yourself and your goals and perhaps you can provide that information without getting into too many specifics.. perhaps talk in terms of hypotheticals or maybe percentages.

Have you bought any bitcoin?
Do you have other investments?  how about debts and expenses?  

Do you have a steady income?  Are you expecting your income to change?  Do you know your discretionary income?  is it steady or does it vary?
Do you have emergency funds? or other kinds of back up funds?

What are your thoughts about bitcoin as compared with other places where you might invest?
What is your investment timeline?

Sorry for my late responses, I would have replied you earlier before now but due to tight schedule I couldn’t reply at the appropriate time, below are my answers to your questions

No I haven’t bought any Bitcoin
Yes I do have some other investment that are part of my financial strategy. As for debits NO I don’t owe any debts , expenses are just the regular expenses which includes the usual necessities like housing, food, transportation and my investments which I’m working on optimizing my budget to achieve my financial goals

I do not have steady income and yes I’m expecting my income to change .
Yes I am aware of my discretionary income and I try to manage my finance accordingly, I prioritizes essential expenses and them allocate my remaining income towards savings , investment and discretionary activities, and yes it Varys .

Yes I have an emergency fund,I make sure I save a little from my investment, I know the importance of having a savings set aside for unexpected expenses or unforeseen circumstances, so I ensure I prepare for unexpected situations that may arise .

Bitcoin is popular, Bitcoin is a good investment site that helps and guild one right depending on ur financial goals , Bitcoin has a good value than other places where I have invested and I wish I  started bitcoin early enough when I was told about it I would have gotten higher value than other places I invested on.

My investment time is less than 5years for growth,stability and wealth accumulation.

It is hard to treat you like an investor if you have less than a 5 year investment timeline, and you did not say that the reason for such a short investment timeline was because of either health and/or age.

It is hard to treat your ideas of investing into bitcoin seriously if you cannot establish a longer timeline... and so you are merely wanting to get into bitcoin and then get out of bitcoin with some dollar profits, and you will likely miss out on a likely compounding value that comes from holding bitcoin longer (such as for a lifetime and then potentially converting into sustainable withdrawal at some later point).

How do you expect any of us to help you with figuring out strategies that you might be able to apply, if you are merely planning to trade in and out of bitcoin?

You might want to consider if you are able to invest on a longer time horizon.. and to just figure out some amount that you would like to put into bitcoin, to the extent that you want to maintain your other investments.  I tend to suggest that newbies consider investing 5% to 25% of their income into bitcoin, which the level of aggressiveness you choose would depend on how bullish you are about bitcoin, and surely if you are still not sure how much to start with, then you likely would error on the lower side while you are figuring out your particulars,

yet still getting started investing into bitcoin tends to be an important first step, and of course, any amount that you do end up investing into bitcoin, whether weekly DCA or otherwise, or perhaps you want to combine DCA with lump sum buying and/or buying on dips, so you can figure out your strategies and your amounts depending on your level of conviction about bitcoin and also to increase with time, and of course, needing to stay within the reasonable confines of your discretionary income...and the more convinced you are about bitcoin and the stronger your cashflow management, then the more aggressive you can be in regards to spending large portions of your discretionary income on bitcoin investment.. but yeah at the same time, there likely are needs for balancing other places that you may choose to spend your discretionary income.

If you also want to make sure that you consider all of your relevant personal factors, then you might want to consider them as well and to tweak them along the way while you are learning and getting more comfortable with your own variables as they apply to your views on bitcoin and your other psychological and/or financial matters.

[edited out]

I understand and I agree with this statement but what I said earlier does not refer to purchases but to the definition of aggressiveness because I previously discussed aggressiveness so I gave more explanation because aggressiveness is not only buying a large amount directly but in the end aggressiveness can also refer to continuous purchases without knowing the time as I mentioned earlier. That also refers to the definition of aggressiveness in a purchase but the reference is only that it does not refer that we have to make such investments if we are not able to because of course all purchases must be adjusted according to our abilities in this sense refers to the economy where income and expenses that do need to be considered including for investments made.

[edited out]

If talking about the issue of agreeing or not, of course I would also prefer to make regular purchases without having to make aggressive purchases so that we still feel comfortable with the purchases we make and do not feel burdened by it but in the end if someone really wants to do aggressively then as long as they are able to why not, but that does not mean all have to do that.
The key is back to finance because after all we have to measure the capacity we have in this case especially for investment matters because this is not just a toy to save money but there is hope that with the investments we make now there is hope that we can get optimal results in the future from the results we get from what we sowed before.

In the end, we are not necessarily going to agree how aggressive a person might want to be, and surely the level of aggressiveness is always within the scope of the person to figure out how much he wants to balance his investment into bitcoin versus various other competing places he can put his money in regards to current consumption and/or even other investments and/or having some assurance that if he invests less aggressively, then he would be able to keep more cash in reserves.  There is no exact correct answer, yet anyone could end up considering that he is merely being aggressive, and then he ends up overly doing it. No one is going to rescue another person when he has made the mistake of being overly aggressive... so you could be correct that it might be better for some folks to make sure that they are not being overly aggressive and perhaps even having some extra cash cushion available so that they are less likely to end up being overly aggressive.

Otherwise there are some folks who choose to be less aggressive about bitcoin because they are not sufficiently bullish about bitcoin, so they end up erroring on the side of keeping extra cash.  These are somewhat individualized choices, yet they likely could have pretty major differences in outcomes for the person who could have had invested $100 per week, yet he chooses $10 per week because he wants to keep extra cash available for other priorities that he has.