Buy Buy Buy or Sell Sell Sell?

[Tungbulu]

This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

Surely each of us can have differing goals, yet I would think that many of us should not be planning to spend 4-10 years or longer to get to overaccumulation status and then to knock ourself out of such overaccumulation status.. merely because of sloppiness, inabilities to control our consumption and/or not being able to recognize and/or appreciate the value of his investment into bitcoin.. especially since it is likely that if we are in bitcoin, then we have already come to realize that bitcoin is amongst the best of investments if not the best of investments, so then why would we want to purposefully take ourself out of such investment either to put ourself into inferior investments or to engage in consumption that we feel that we are not able to control ourselves in such in terms of devolving into living beyond our means, which seems to be part of your build-in assumption SuperBitMan that justifies the spending of your bitcoin rather than engaging in deferred gratification and/or figuring out how to engage in sustainable withdrawal within your means rather than wanting to live outside of your means.  Again, surely it is your choice to squander away your wealth status by lack of foresight or insights regarding hte nature of the matter and/or the value of bitcoin.

I agree. It makes absolutely zero sense to spend several years to accumulate Bitcoin, just to undo the whole progress all because impulsive spending and/or poor financial planning. If we've really acknowledged Bitcoin's potential as a reliable form of investment, then it's only logical to prioritize long term strategy over whatever benefits we feel we'd achieve within the short term.

It becomes pretty easy to maximize the actual benefits of our investments when we learn to exercise self control, as well as adopting a sustainable approach to effectively manage our wealth. I believe it's more about being mindful of our financial goals and objectives and also move further towards ensuring that we make informed decisions that pretty much aligns with those goals and objectives. Even if it means that we have to set clear boundaries around our spending habit, completely avoiding making certain emotional decisions as a result of the fluctuations in the market and lastly, focus more on the long term potential for growth of Bitcoin.

Having a well thought out strategy will not only help us make more informed decisions but also help us effectively navigate the ups and downs of the market, in order to avoid making common mistakes with severe consequences. This is also a pretty great way of ensuring that our investment continues to grow overtime and also provide us the financial freedom that we desire.
And finally, we need to understand that all this is about striking a balance between being responsible stewards of our funds/wealth and enjoying the benefits of our investments.

[IceLincoln]

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment.  

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

That delay and overthinking trying to time the market is why there’s a DCA method and proper bitcoin investment knowledge needed. The fact is no matter how many times we say it there will always be these  people who wait and wait for a dip and miss out on opportunities they could have accumulated more. These people are traders who are only after short term gains cos their intentions is to sell when price pumps, this practice is not encouraged of investors.

If you have made up your mind to invest I don’t see any reason why you would delay except you have no discretionary funds available. If that’s the case then you work to make that available and you start your investment immediately.

[Brainnybtc]

It is never a good idea to wait to start investing. If you have a stable income and if you have basic knowledge about Bitcoin, then you can start investing immediately. A real investor will never wait for a fall to invest, those who wait for a fall are basically businesses.

You don't have to have a stable source of income before you can start investing in Bitcoin, once you have a source of income, you can start investing while in the process of investing you can start sorting out your emergency and reserve funds.
Then you terming those that are timing the market before buying as business is not proper, they are traders fooling themselves thinking that they can outsmart the market, which is very much unlikely.

It will never be right to sell their holdings until the investment period ends. You have to be patient until the investment period ends.

Even though your investment period ends as you said, it makes no sense to sell everything off and becomes a no coiner overnight, what you should be doing is taking profit from your investment than sell off everything.

[ultrloa]

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment.  

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

That delay and overthinking trying to time the market is why there’s a DCA method and proper bitcoin investment knowledge needed. The fact is no matter how many times we say it there will always be these  people who wait and wait for a dip and miss out on opportunities they could have accumulated more. These people are traders who are only after short term gains cos their intentions is to sell when price pumps, this practice is not encouraged of investors.

If you have made up your mind to invest I don’t see any reason why you would delay except you have no discretionary funds available. If that’s the case then you work to make that available and you start your investment immediately.

If they are really looking forward to invest on Bitcoin for long term they better erase that thoughts about waiting for the dip to buy. Since they just missed lots of opportunities for doing that and imagine the delays they get for doing that thing.

So better buy now which has been recommended and discussed for so many times so that they can move on the next phase. For sure that they would be more happier if they see their investment is growing. I know lots of people are being skeptical due to its volatile nature, but if they trust Bitcoin and try to learn more from it there's provably good thing will happen. Bitcoin is unique asset that's why lots of entities starts to love this coin.

[JayJuanGee]

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.
This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

I think over accumulation should be measured in quantity and not market value. This is because if we continue to focus on market value we might make mistakes and unintentionally get even below our accumulation target.

You do have a target and that should be your main reference, even if you intend taking profit, be sure to only target taking profits from the quantity that keeps you in overaccumulations status. for example if you initially set out to accumulate 9BTC and you already have 10BTC, then it is obvious you are already in overaccumulation status, if you would take profits at all within your holding period(which I would not intentionally advise), you should focus on taking profits only out of the 1BTC that keeps you in over accumulation and that would be a better option instead of basing your judgement on the price increase.

Measuring our overaccumulation with market value seems weird and it some how shows lack of understanding. Target is really important because it is what drive or move people and another thing is determination and discipline, determination is what will make an investor wake up anytime they see or observe they are slacking in their pursuit. But then again,  some people have target and they are determined and disciplined but they don't have adequate or no resources to make it happen and in case like this it will become very hard to meet up.

I personally like measuring bitcoin value based on the 200-WMA because it is the trade-weighted weekly prices for bitcoin over the prior 4 years, and so there seems to be a bit of safeness in that in terms of it is way less volatile and it can help to see how far above or below the current spot price is as compared with the 200-WMA.. .. even though surely if any bitcoin is bought or sell it is going to take place at the spot price. .yet if we are mostly planning on holding our BTC, then we are not planning on selling large portions of our BTC at any given time, yet we could consider the extent to which we might manage our bitcoin holdings in terms of how far away it is from the 200-WMA.

Surely, a person could measure value based on a fraction of the spot price, and maybe suggest a BTC value that is 50% of the spot price, and even though that would take away some of the volatility, it still may well remain a bit of an erratic way of measuring BTC value, even if it is less volatile than spot price.

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

This is true that getting started can involve a lot of dedication of mental space and then just putting some system in place... and it likely is very important for everyone with a discretionary income to get started investing into bitcoin, even if the starting amount is ONLY for a very small amount.. they can allow their active participation help to allow them to ease into paying more and more attention to bitcoin..and maybe coming around to realizing its ongoing importance.

What's your take on this? Given the period we're in is it buy time or sell time?

For someone like me, I can't say this is sell time cause it's still very early, I'll have to accumulate and hoard as much as I can for like 10 years before I could consider selling and that's what every investor that just started hodling for about few years or a year ago should consider, we still have lots to achieve so it's definitely not sell time even though the market seems friendly currently and trending upwards.

 Well for someone that's held for a decade, two decades, etc this period can be their sale time, don't get me wrong the can sale some stash to diversify to other options I mean investment options but would still continue buying at any given opportunity with the DCA.

I think those who have held bitcoin for a long time like a decade or more, Sold when we first hit the psychological milestone of $100k, though not entirely all and there are still those holding on to their stash. The answer to Dorkylick question is based on personal investment goals of individuals cos what might be sell time for Mr A might be a Buy time for Mr B depending on their goals and time of investment. I don’t think there’s any investor that will sell all of their stash It’ll normally be part.
Generally I think now is buy time considering bitcoin jus hit $100K few months ago and we’ve experienced atleast two pullbacks. Bitcoin is just gathering momentum to move up higher so I’ll consider now a buy, plus bitcoin is yet to hit it’s peak so buying now is potentially still early.

You are contradicting yourself a bit IceLincoln... and you seem to be overly relying on some arbitrary amount, such as $100k to presume that there are any needs for long term holders to take much if any profits around that price point.

Yeah I get how My point might seem contradicting with me saying buy/sell time is dependent on individual investment goals and also saying now is buy time (though I was responding to both comments above).
No Matter what we say on when to buy or sell the final decision lies with what an individual has planned, we can only just advice.

There still are parameters within the situation of any particular person that justifies better and/or worse choices, and an overwhelming majority of the world's population are low coiners are no coiners.. so it seems to be crazy to presume that maybe they have bitcoin and maybe they don't and blah blah blah.. when an overwhelming majority of folks actually do not have any bitcoin or hardly any bitcoin... even the folks who have been in bitcoin for a while hardly have any bitcoin, so I can hardly relate to any suggestion that the situation is "just do what you want" since currently we have so many folks who are way underallocated to bitcoin.

So If I’m to give an advice of what to do considering the statement of the question “Given the period we're in is it buy time or sell time?” I’ll say NOW is buy time.

It may well currently be mostly buy time based on an overwhelming majority of normies having no bitcoin or not hardly any bitcoin.. right?

Using 100k as a parameter because it was the last targeted ATH we experienced because most investors tend to sell partly after hitting a targeted ATH. So people who had held long must have already sold partly before now and are now trying to accumulate more. Hence, we’re past selling time.
I was only trying to create a base for my decision of saying why now it’s a buy time despite all the up and down movements.

Still hardly makes any sense.. since even if we account for the 9 individual factors, perceptions of BTC price as compared to other places to put value is only one of the nine factors and surely it can be a BIG "so what?" regarding what others (including longer term bitcoiners) are doing or have been doing, and have difficulties imagining anyone really being advantaged in their fucking around with selling bitcoin around $100k - even though surely some longer term bitcoiners might have enough bitcoin that it does not really matter too much if they shave off some of their bitcoin around $100k or maybe they had sold some BTC at various lower prices in the last few years.

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.

You are going to measure whether you reached overaccumulation status based on spot price?
So how are you going to manage that?

Changes in spot price is going to knock you out of overaccumulation status?
Sure, it is possible to have such a system, but you likely need to figure out some way of dealing with volatility.
I think that part of the reason that I like to assess overaccumulation based on the 200-WMA (and/or bottom prices) is because the 200-WMA has tended to continuously move up, and also the spot price is usually above the 200-WMA... so that gives a bit of additional cushion to attempt to deal with likely inevitable BTC price volatility.

I believe that it is not impossible to assess that you have reached overaccumuation status based on spot prices, but you have to figure out how to make sure that you are not falling in and out of overaccumulation status merely based on 5-10% price movements... so there likely needs to be some built in ways of dealing with such volatility, especially if you are largely planning to stay in bitcoin rather than put your money into inferior assets, such as the dollar, some other fiat or some dollar denominated asset that is also inevitably losing value.. and it seems that part of the reason to be attempting to value wealth and to keep wealth in bitcoin is because it seems that over the longer term it is holding its value better than fiat, even accounting for inflation and/or seemingly inevitable fiat debasement.

JJG the point I was trying to make there was that when someone has reached overaccumulation stage and he is ready to start selling his Bitcoin he should be doing that once the price doubled, I was finding it difficult to give a more simple explanation that was why I used that example in trying to explain when the price doubled one can sell but I didn't get the explanation very well.

Ok... sure. .there could be situations in which guys might put some plan into place in which they are authorizing themselves to sell based on the BTC price, and their perception or their having had reached some semblance of overaccumulation status... so the mere fact that the BTC price doubled might not be enough to justify starting to sell if the person has not yet accumulated enough bitcoin.. which another problem could be selling outof one hand and buying out of the other hand, which it may well be better to just keep buying in order to not overly complicated matters, and then once overaccumulation status is reached then it might start to make sense to have various price points that sales are allowed, such as doubling from the current price or maybe the authorization had already been made when BTC prices were at some lower price point, so then there was an authorization to sell up to a certain portion of the BTC (such as you suggested 5-10% based on a doubling from the earlier established price point). 

Those that has reached overaccumulation stage can always wait till the price double before they sell so they won't finish up there Bitcoin investment, that means even in your overaccumulation stage you still have to be patient in selling in other to maintain and keep your investment going, so you can decide to sell 3%, 5%, 8% or 10% when ever the price of your Bitcoin doubles the choice is all yours.

I agree that guys can establish such formulas based on their own circumstances and their perceptions of what they believe to be reasonable... I know that historically, sometimes when I was trying to figure out these matters, there was some difficulties imagining BTC prices going to some of the higher price points... yet there can be some satisfaction in regards to already having plans in place, since it can some times be difficult to decide if the plans had not already been established at an earlier time.

It is true that as an investor you have the full right to sell your Bitcoin anyhow and in which way you wish to but if you want to keep your investment going that strategy will be of great help, is very bad to build an investment to a great height and still end up running it dry at once, that is not how an investment should be done.

You are correct that sometimes people do not adequately think through their plans and then they may end up having regrets if they ended up selling too much too soon.. or stopping their BTC accumulation before they had reached a high enough quantity.

Many of us who were around the bitcoin space in 2022 and 2023 likely recall how difficult it was for some guys to be deciding if they should buy bitcoin or if they should wait to see if the BTC price might drop some more, and surely the guys who focused on aggressively and ongoingly buying bitcoin during that time, they ended up in a much better position today by focusing on accumulating bitcoin.  Many of them might have not been able to buy more bitcoin, so they ended up doing as best as they could in terms of their BTC accumulation based on their circumstances and their perception of their circumstances, and so now they likely realize that whatever bitcoin that they were able to accumulate for prices that were between $416k and $45k per coin were likely purchased at prices that are never ever ever going to be experienced again.. Sure it is possible that bitcoin prices could go back down to those levels, yet it is also quite doubtful, so they may well be grateful for whatever BTC they were able to accumulate at those levels.. .and at the same time, they might already have tentative plans that they are not selling any of their coins.. and maybe they might start to sell at some price like $200k or even higher, .. or maybe they have to really assess their whole bitcoin holdings since maybe even if they might have had a whole cycle in bitcoin and accumulating bitcoin, they may well also realize that they are going to likely have at least a whole another cycle accumulating bitcoin before they migth start to get to a status of enough or mor than enough so that they might be able to start to consider possibly selling some bitcoin.

Let's say that the guy has an income around $30k per year and he has been accumulating bitcoin at $100 per week for the past 4 years, and he invested right around $21k and he accumulated close to 0.6 BTC.. and he is quite grateful for the quantity of BTC that he has accumulated so far, and even with another 4 years, he is not sure if he might be able to reach a whole BTC unless maybe he is able to increase his discretionary income and his investment amount, yet he still might well be grateful for the BTC that he has accumulated so far up until now.

And yes assessing overaccumulation based on the 200-WMA is very good, by above statement was the message I was trying to pass and not how to access one overaccumulation stage.
I think there's a thread you created and you gave good explanation of this matter.

So yes it is good to try to brainstorm about some of these ideas, and at the same time, going through the experiences of building up bitcoin can help to make the experiences seem more concrete in regards to ways to try to manage BTC holdings once they start to get to a higher level.  I only have a couple of threads that I have created related to investing in BTC and sustainable withdrawal... and yeah of course, the sustainable withdrawal thread presumes reaching over accumulation status, and engaging those measures of the BTC portfolio value with the 200-WMA rather than soley relying on BTC spot prices.... and even for you, SuperBitMan it may well be better to stay focused on bitcoin accumulation rather than how to employ sustainable withdrawal since it may well take a while for you to get to that stage, especially if we go by your forum registration date and see that you are only about a year in the forum so far.

[philipma1957]

I would suggest put away 10 or 20 a week if you can do this for 300  weeks.

and never sell any of it for the three weeks about six years.


the worst long hodl wait was buying lump on dec of 2017

and hodl hodl hodl hold til jan 2023 5 years and a month you would have been a loser.

but all six year hodls made money. every one even the dec 2017 to dec 2023 which would be taking the longest losing hodl and dumping it 11 months later made money

2017 dec 19k
2023 jan 16k

2023 jan  40k


so if you do the perfect record six year move.

buy 20 week 1.  june 2031
buy 20
buy 20
buy 20
buy 20.  week 5 june 2031. sell these 5 if the perfect six years record exsists.

.
.
.
buy 20 week 300



this is a 12 year plan

wish I was 20 and could do it. but at 68 not happening for me.

[JayJuanGee]

I would suggest put away 10 or 20 a week if you can do this for 300  weeks.
and never sell any of it for the three weeks about six years.
the worst long hodl wait was buying lump on dec of 2017

and hodl hodl hodl hold til jan 2023 5 years and a month you would have been a loser.
but all six year hodls made money. every one even the dec 2017 to dec 2023 which would be taking the longest losing hodl and dumping it 11 months later made money
2017 dec 19k
2023 jan 16k
2023 jan  40k

so if you do the perfect record six year move.
buy 20 week 1.  june 2031
buy 20
buy 20
buy 20
buy 20.  week 5 june 2031. sell these 5 if the perfect six years record exsists.

.
.
.
buy 20 week 300
this is a 12 year plan
wish I was 20 and could do it. but at 68 not happening for me.

Let's say that in late 2017, a mid-30s guy making $30k per year made the biggest mistake by investing right near the top of the 2017 price run, and he spent 1/3 of his then investment portfolio on bitcoin.. so he took $19k out of his then $60k investment portfolio and he bought 1 bitcoin with that $19k and then he left the other $41k in his investment portfolio, and so then maybe thereafter he has been investing into bitcoin at about $100 per week, and so over the past 7.5 years, he invested about an additional $39.3k into bitcoin and he got an additional 2.91 bitcoin, so his total investment into bitcoin is right around $58.3k into bitcoin with 3.91 bitcoin, and that 3.91 BTC would have a 200-WMA value of about $192k and a spot price value of about $419k.  Surely not a bad place to be, and he might even be able to reach some variations of fuck you status within another 4-year cycle or maybe a bit longer of buying bitcoin, even if he merely continues with $100 per week investing into bitcoin... he figures that he might be able to get up to 4.5 bitcoin in the next 4-6 years, depending on if he might be able to invest more into bitcoin or just staying at $100 per week.

This guy is doing fine based on his income and his level of aggressiveness in buying bitcoin (which was relatively high), even though he started buying bitcoin at or near the top of the 2017 market including lump sum buying near the top of the 2017 BTC price.  The guys is doing even better because he was buying bitcoin as he went along, even though he also did have a relatively bad (not so good) BTC purchase towards the top of the 2017 market and that top purchase did bounce in and out of the red (but spent a lot of time in the red)for about 5-ish years.

[Solokan]

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.
This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

I think over accumulation should be measured in quantity and not market value. This is because if we continue to focus on market value we might make mistakes and unintentionally get even below our accumulation target.

You do have a target and that should be your main reference, even if you intend taking profit, be sure to only target taking profits from the quantity that keeps you in overaccumulations status. for example if you initially set out to accumulate 9BTC and you already have 10BTC, then it is obvious you are already in overaccumulation status, if you would take profits at all within your holding period(which I would not intentionally advise), you should focus on taking profits only out of the 1BTC that keeps you in over accumulation and that would be a better option instead of basing your judgement on the price increase.

indeed everyone is free to take advantage of investing in btc of course for those who feel they have more than enough btc as you exemplified. because the purpose of investing is to seek profit.

but for me personally there is no such thing as enough to collect btc because I have higher ambitions because of course I don't want to regret in the future because the btc I have is only a little so of course for me there is no such thing as being satisfied with having btc no matter how much because what I am focusing on right now is collecting as much btc as possible without any limits and of course the purchase of the dca system continues. and of course what is certain especially for me personally btc is still cheap when compared to the price of btc in the future for example more than 10 years in the future. so I don't have a target amount because what I focus on is collecting btc. but of course everyone has a lot of freedom and ways to invest in btc.

[bitzizzix]

Again if you don't want to accumulate during any dip since you have reached overaccumulation and you have started selling I will advise you engage in selling only your profit, what do I mean, if you are holding 10 Bitcoin and the current price is $107k and you reached your overaccumulation stage when the price $98k what you will do is selling only what has added to the $98k.
This strategy is not for everyone is for just who are very much interested in continuing holding even after reaching overaccumulation stage, but also eager to taste Bitcoin profit.

I think over accumulation should be measured in quantity and not market value. This is because if we continue to focus on market value we might make mistakes and unintentionally get even below our accumulation target.

You do have a target and that should be your main reference, even if you intend taking profit, be sure to only target taking profits from the quantity that keeps you in overaccumulations status. for example if you initially set out to accumulate 9BTC and you already have 10BTC, then it is obvious you are already in overaccumulation status, if you would take profits at all within your holding period(which I would not intentionally advise), you should focus on taking profits only out of the 1BTC that keeps you in over accumulation and that would be a better option instead of basing your judgement on the price increase.

indeed everyone is free to take advantage of investing in btc of course for those who feel they have more than enough btc as you exemplified. because the purpose of investing is to seek profit.

but for me personally there is no such thing as enough to collect btc because I have higher ambitions because of course I don't want to regret in the future because the btc I have is only a little so of course for me there is no such thing as being satisfied with having btc no matter how much because what I am focusing on right now is collecting as much btc as possible without any limits and of course the purchase of the dca system continues. and of course what is certain especially for me personally btc is still cheap when compared to the price of btc in the future for example more than 10 years in the future. so I don't have a target amount because what I focus on is collecting btc. but of course everyone has a lot of freedom and ways to invest in btc.

Of course they are free to use it because it is their right and also their money because we will never know the reason, and Bitcoin is a freedom that makes everyone feel free and Bitcoin can free what they want and what they face to make it happen and Bitcoin helps and also their solution and that's good. But after that never feel satisfied and they can start again or just use it to free what is being faced and desired because Bitcoin is the best solution in financial problems that we will need in the long term, in the journey of life and also for the future and that is the best function of Bitcoin and it is not wrong for them to use it if it is the best but should not stop just like that because it will make them regret when something happens again to him about financial problems because Bitcoin can help our life journey about financial problems and also for the future even though holding it is the best but do not let yourself be tortured not to sell it or sell some of the profits to overcome it and also to make what you want because Bitcoin is freedom but must remain tied and continue to collect Bitcoin. Because everyone has different abilities and although emergency funds are important, not everyone has the ability to do so and because many of them set aside emergency funds irregularly due to circumstances and if when they feel they really need it and the emergency funds are not sufficient, then there is nothing wrong with using a little Bitcoin to overcome it, the most important thing is to keep collecting Bitcoin and also collect emergency funds according to your abilities.

[Lidger]

Like it has always been said those that wait tends to be people who are very lackadaisical in there decision, because I find it very strange that someone who has an interest to invest in Bitcoin will be waiting for a dip, well I must say they are not ready to invest in Bitcoin yet, considering that we have other methods and pattern for people who want to keep accumulating Bitcoin, there is a DCA method which can help an interested investor to accumulate gradually without hesitation provided that you've a discretionary income, Bitcoin has been made in such a way that someone who is a no coiner or a pleb will have the opportunity to accumulate a reasonable amount of Bitcoin in there portfolio,  and can continue accumulating and to hold, so I don't see any reason why someone who is interested to invest should be waiting for a dip because that is a no Brainer.

I think those who read the discussions in this section regularly will not have any doubts about investing, but those who are completely new to investing and have minimal understanding of investing may delay investing a little.

An investor can get some idea about investing in Bitcoin or can scrutinize Bitcoin before investing initially, but he should not delay investing too much. The more an investor delays, the more he will lag behind in investing. When investors are in doubt about when to invest, they should look at how much profit those who invested a year ago have made or what level they are at now.

Hopefully, if an investor thinks about the previous year well, he will not take too long to invest in Bitcoin and he will also think that if he invests now, he may get a good amount of profit a year from now.

[Tungbulu]

It is true that as an investor you have the full right to sell your Bitcoin anyhow and in which way you wish to but if you want to keep your investment going that strategy will be of great help, is very bad to build an investment to a great height and still end up running it dry at once, that is not how an investment should be done.

You are correct that sometimes people do not adequately think through their plans and then they may end up having regrets if they ended up selling too much too soon.. or stopping their BTC accumulation before they had reached a high enough quantity.

Many of us who were around the bitcoin space in 2022 and 2023 likely recall how difficult it was for some guys to be deciding if they should buy bitcoin or if they should wait to see if the BTC price might drop some more, and surely the guys who focused on aggressively and ongoingly buying bitcoin during that time, they ended up in a much better position today by focusing on accumulating bitcoin.  Many of them might have not been able to buy more bitcoin, so they ended up doing as best as they could in terms of their BTC accumulation based on their circumstances and their perception of their circumstances, and so now they likely realize that whatever bitcoin that they were able to accumulate for prices that were between $416k and $45k per coin were likely purchased at prices that are never ever ever going to be experienced again.. Sure it is possible that bitcoin prices could go back down to those levels, yet it is also quite doubtful, so they may well be grateful for whatever BTC they were able to accumulate at those levels.. .and at the same time, they might already have tentative plans that they are not selling any of their coins.. and maybe they might start to sell at some price like $200k or even higher, .. or maybe they have to really assess their whole bitcoin holdings since maybe even if they might have had a whole cycle in bitcoin and accumulating bitcoin, they may well also realize that they are going to likely have at least a whole another cycle accumulating bitcoin before they migth start to get to a status of enough or mor than enough so that they might be able to start to consider possibly selling some bitcoin.

It's true that we can never overemphasize the importance of have a solid plan and also sticking to those plans when it comes to investing in Bitcoin. I'm pretty sure those who aggressively bought Bitcoin during the 2022-2023 dip and have continued to HODL are most likely to be in a much better position right now and are definitely grateful for every single sat they accumulated back then.

It's also quite true that a lot of investors might actually get confused about reaching their target amount of Bitcoin or even when they should start selling. Some investors might have the plans of selling at a specific price level, like $200k or maybe even higher, while some other investors might come to realize that they've not really reached their desired target and so needs to continue accumulating more bitcoin before they can even think of selling.
I've come to realize that it's really not just about having a price target, but also more about the journey. As we already know, Bitcoin is more of a long term gain, and the more we learn to focus on progress rather than perfection, the better for us. And even If we are unsure of what the future really holds for us, it's still possible to make informed decisions based on our long term financial goals, financial position and risk tolerance.

[Princess Leah]

Bitcoin has been made in such a way that someone who is a no coiner or a pleb will have the opportunity to accumulate a reasonable amount of Bitcoin in there portfolio,  and can continue accumulating and to hold, so I don't see any reason why someone who is interested to invest should be waiting for a dip because that is a no Brainer.

That's why it's important for people who wants to take Bitcoin investment seriously to take threads like this more seriously, to be honest I've learnt a lot ever since I started engaging in this thread, it's given me more idea about Bitcoin and it's process and I'm still learning cause learning is a constant process.

 Anyways what I have to say is that Bitcoin is for everybody and not for any class of people so all class needs to look for how they'll get a fair amount of it regardless of their financial strength. And also the DCA has made that to be very possible it's given everyone the opportunity to accumulate gradually invest of waiting for the market to fall before investing.

An investor can get some idea about investing in Bitcoin or can scrutinize Bitcoin before investing initially, but he should not delay investing too much. The more an investor delays, the more he will lag behind in investing. When investors are in doubt about when to invest, they should look at how much profit those who invested a year ago have made or what level they are at now.

Hopefully, if an investor thinks about the previous year well, he will not take too long to invest in Bitcoin and he will also think that if he invests now, he may get a good amount of profit a year from now.

Delay they say is dangerous, that's the more reason I don't buy into the idea of waiting for the dip before investing cause it slim the windows of opportunities, so instead of waiting that energy should be channeled into the DCA, that's why threads like this are important cause it would help am ignorant investor realize their errors and correct it, sometimes ignorance is the reason why people choose to wait cause I so no reason why use the DCA if they're aware of it except they're traders.

[Stormisover]

Like it has always been said those that wait tends to be people who are very lackadaisical in there decision, because I find it very strange that someone who has an interest to invest in Bitcoin will be waiting for a dip, well I must say they are not ready to invest in Bitcoin yet, considering that we have other methods and pattern for people who want to keep accumulating Bitcoin, there is a DCA method which can help an interested investor to accumulate gradually without hesitation provided that you've a discretionary income, Bitcoin has been made in such a way that someone who is a no coiner or a pleb will have the opportunity to accumulate a reasonable amount of Bitcoin in there portfolio,  and can continue accumulating and to hold, so I don't see any reason why someone who is interested to invest should be waiting for a dip because that is a no Brainer.

I think those who read the discussions in this section regularly will not have any doubts about investing, but those who are completely new to investing and have minimal understanding of investing may delay investing a little.

An investor can get some idea about investing in Bitcoin or can scrutinize Bitcoin before investing initially, but he should not delay investing too much. The more an investor delays, the more he will lag behind in investing. When investors are in doubt about when to invest, they should look at how much profit those who invested a year ago have made or what level they are at now.

Hopefully, if an investor thinks about the previous year well, he will not take too long to invest in Bitcoin and he will also think that if he invests now, he may get a good amount of profit a year from now.

The amount of profits to get depends on the size of Bitcoin he has bought and how long he was able to hold his Bitcoin and in my learning a year is too small for anyone to be talking about getting profits because it should be long term considerably a cycle which is 4 years, those delaying or procrastinating to invest in Bitcoin even when they have the resources can start small and increase as their confidence increases because their is much of experience to gain when he or she has started but is ok to have that individual conviction before investing and it is true that taking too much time can result in regrets or not investing at all.

[SuperBitMan]

I would suggest put away 10 or 20 a week if you can do this for 300  weeks.
and never sell any of it for the three weeks about six years.
the worst long hodl wait was buying lump on dec of 2017

and hodl hodl hodl hold til jan 2023 5 years and a month you would have been a loser.
but all six year hodls made money. every one even the dec 2017 to dec 2023 which would be taking the longest losing hodl and dumping it 11 months later made money
2017 dec 19k
2023 jan 16k
2023 jan  40k

so if you do the perfect record six year move.
buy 20 week 1.  june 2031
buy 20
buy 20
buy 20
buy 20.  week 5 june 2031. sell these 5 if the perfect six years record exsists.

.
.
.
buy 20 week 300
this is a 12 year plan
wish I was 20 and could do it. but at 68 not happening for me.

Let's say that in late 2017, a mid-30s guy making $30k per year made the biggest mistake by investing right near the top of the 2017 price run, and he spent 1/3 of his then investment portfolio on bitcoin.. so he took $19k out of his then $60k investment portfolio and he bought 1 bitcoin with that $19k and then he left the other $41k in his investment portfolio, and so then maybe thereafter he has been investing into bitcoin at about $100 per week, and so over the past 7.5 years, he invested about an additional $39.3k into bitcoin and he got an additional 2.91 bitcoin, so his total investment into bitcoin is right around $58.3k into bitcoin with 3.91 bitcoin, and that 3.91 BTC would have a 200-WMA value of about $192k and a spot price value of about $419k.  Surely not a bad place to be, and he might even be able to reach some variations of fuck you status within another 4-year cycle or maybe a bit longer of buying bitcoin, even if he merely continues with $100 per week investing into bitcoin... he figures that he might be able to get up to 4.5 bitcoin in the next 4-6 years, depending on if he might be able to invest more into bitcoin or just staying at $100 per week.

This guy is doing fine based on his income and his level of aggressiveness in buying bitcoin (which was relatively high), even though he started buying bitcoin at or near the top of the 2017 market including lump sum buying near the top of the 2017 BTC price.  The guys is doing even better because he was buying bitcoin as he went along, even though he also did have a relatively bad (not so good) BTC purchase towards the top of the 2017 market and that top purchase did bounce in and out of the red (but spent a lot of time in the red)for about 5-ish years.

The guy is doing perfectly well, I love and admire his level of his aggressiveness, and yeah he could get 4.5 bitcoin if he continues accumulating weekly with $100 it may take a little longer to reach that but with 4 to 5 years with a little bit of his aggressive attitude I think he will get there, reaching a particular level or stage in one's Bitcoin investment just needs determination and consistency, I remember when I started my Bitcoin investment I was confused on how to go about it and also thinking how far it is for me to get to my desired level in Bitcoin investment however i just decided to be determine and consistent and today I'm getting closer to my goal.

Yeah you are right JJG he also did have a relatively bad (not so good) BTC purchase towards the top of the 2017 market, this may be as a result of not having a backup funds, an investor may be so determined and consistent with his or her investment but along the line for some time or season stop accumulating because he or she wants to solve or settle an emergency that came up, but with a backup funds you can solve your emergency without it obstructing your accumulation process.

[Derekfunds]

Those who have delayed investing in Bitcoin and thought a lot have regretted it later. I have seen many such investors who initially waited for the negative changes in the market and when the price of Bitcoin was at the level that investors considered to be the highest level and thinking it was the highest level, they did not invest there, they just waited. But after waiting, when they saw that the price of Bitcoin was not decreasing but rather gradually increasing, they regretted why they did not invest in Bitcoin at that time.

In fact, if we think so much, investing in Bitcoin will never be possible, since we know the easiest and most reliable strategy of investment, so we only have to start investing in Bitcoin with a certain amount and maintain the continuity of investment based on our income, but it will be seen that as investment has become much easier for us, we have a different sense of responsibility towards this investment.  

For most investors, getting started is the hardest step, but if you start investing by considering this difficult step as easy, then continuing to invest consistently becomes an easy matter.

That delay and overthinking trying to time the market is why there’s a DCA method and proper bitcoin investment knowledge needed. The fact is no matter how many times we say it there will always be these  people who wait and wait for a dip and miss out on opportunities they could have accumulated more. These people are traders who are only after short term gains cos their intentions is to sell when price pumps, this practice is not encouraged of investors.

If you have made up your mind to invest I don’t see any reason why you would delay except you have no discretionary funds available. If that’s the case then you work to make that available and you start your investment immediately.

Anyone who understands the potential of Bitcoin and knows how important it is to have it in their wallet will never for  one day joke with it, yea I understand and I know that some people see all these we are talking about Bitcoin as an ideal case and it may look like that for them but what we are saying about Bitcoin is not ideal but rather an actual and real, I mean something that will definitely come to happen. Whosoever that have a good fraction or number of Bitcoin trust me the person has a precious asset and so anyone who is wasting time or waiting for the price to first come down while the DCA method is available is really not serious or interested to be an investor.

[Tonimez]

[Edited out]

Anyone who understands the potential of Bitcoin and knows how important it is to have it in their wallet will never for  one day joke with it, yea I understand and I know that some people see all these we are talking about Bitcoin as an ideal case and it may look like that for them but what we are saying about Bitcoin is not ideal but rather an actual and real, I mean something that will definitely come to happen. Whosoever that have a good fraction or number of Bitcoin trust me the person has a precious asset and so anyone who is wasting time or waiting for the price to first come down while the DCA method is available is really not serious or interested to be an investor.

It is not something that will happen but something that is happening already. Bitcoin success has started and would continue indefinitely. Bitcoin has recorded some levels of breakthrough over the years and still counting. If you just started investing in bitcoin and you're beginning to have a double mind, remember that bitcoin was not launched at $100k. It has been below $0.1 also. So it's not right to think that it has gotten to its peak already.

What if bitcoin falls to $1 today, will you still accumulate??

Me: yes!!

In January 2023, bitcoin nearly doubled in price in less than 4 weeks amidst doubts among investors. Continuous accumulation is the best approach to gaining success in bitcoin investment.

[avp2306]

Like it has always been said those that wait tends to be people who are very lackadaisical in there decision, because I find it very strange that someone who has an interest to invest in Bitcoin will be waiting for a dip, well I must say they are not ready to invest in Bitcoin yet, considering that we have other methods and pattern for people who want to keep accumulating Bitcoin, there is a DCA method which can help an interested investor to accumulate gradually without hesitation provided that you've a discretionary income, Bitcoin has been made in such a way that someone who is a no coiner or a pleb will have the opportunity to accumulate a reasonable amount of Bitcoin in there portfolio,  and can continue accumulating and to hold, so I don't see any reason why someone who is interested to invest should be waiting for a dip because that is a no Brainer.

I think those who read the discussions in this section regularly will not have any doubts about investing, but those who are completely new to investing and have minimal understanding of investing may delay investing a little.

An investor can get some idea about investing in Bitcoin or can scrutinize Bitcoin before investing initially, but he should not delay investing too much. The more an investor delays, the more he will lag behind in investing. When investors are in doubt about when to invest, they should look at how much profit those who invested a year ago have made or what level they are at now.

Hopefully, if an investor thinks about the previous year well, he will not take too long to invest in Bitcoin and he will also think that if he invests now, he may get a good amount of profit a year from now.

For us who knows Bitcoin for sure that we can easily point out that this is really a great asset to HODL for long term. Its really quiet challenging to convince newbies to think about the same but if we explain it well to them how good Bitcoin is and they also show up some interest on investing on it I guess they proceed on invest then think about upgrading their knowledge to help them to learn more about the investment they made.

Having doubts is normal and what's wrong about this situation if they didn't do any action to learn from what they are currently looking at. If they didn't invest then provably they are the one who's losing the opportunity and if they also have this delaying mindset like waiting for the dip for sure that they realize later on that they are not moving and prone missing lots of opportunities. That's why its recommended to anyone to buy now and accumulate again when you have funds to spend for buying Bitcoin.

[$crypto$]

For us who knows Bitcoin for sure that we can easily point out that this is really a great asset to HODL for long term. Its really quiet challenging to convince newbies to think about the same but if we explain it well to them how good Bitcoin is and they also show up some interest on investing on it I guess they proceed on invest then think about upgrading their knowledge to help them to learn more about the investment they made.

Having doubts is normal and what's wrong about this situation if they didn't do any action to learn from what they are currently looking at. If they didn't invest then provably they are the one who's losing the opportunity and if they also have this delaying mindset like waiting for the dip for sure that they realize later on that they are not moving and prone missing lots of opportunities. That's why its recommended to anyone to buy now and accumulate again when you have funds to spend for buying Bitcoin.

Sometimes beginners are still hesitant to invest because they don't have long experience --- then think it's too expensive, then usually they give up their intention to invest in bitcoin because mentally they are not ready, meaning in this case it is natural that beginners must be able to dare to start from the beginning. Because at the beginning it is difficult to do after they do it they will easily invest any amount. Beginners usually need a lot of motivation, don't give them negative things because it can be down for them, as much as possible beginners should know that investing in bitcoin is not for the short term but for the long term with a minimum investment of 5 years and above.

[Jewan420]

Sometimes beginners are still hesitant to invest because they don't have long experience --- then think it's too expensive, then usually they give up their intention to invest in bitcoin because mentally they are not ready, meaning in this case it is natural that beginners must be able to dare to start from the beginning. Because at the beginning it is difficult to do after they do it they will easily invest any amount. Beginners usually need a lot of motivation, don't give them negative things because it can be down for them, as much as possible beginners should know that investing in bitcoin is not for the short term but for the long term with a minimum investment of 5 years and above.

Every investor is a beginner and inexperienced at the beginning. So experience should not be an excuse. I have not seen any beginner who has a prudent source of income and basic knowledge hesitate to invest. This is just our misconception.

The main problem of an inexperienced beginner investor is not starting to invest, but rather maintaining the investment. The main reason behind the failure of inexperienced investors is the failure of long-term planning. In today's modern times, there are very few people who have basic knowledge about Bitcoin and have the ability to start investing. They do not hesitate to start investing. Rather, they are tempted by the temptation of short-term profits and sell their investments or enter trades in the hope of short-term profits. This can be solved by advising them to stay away from temptations. If they can be free from temptations, then maybe it will not be difficult for them to survive in investment. The boys/girls of the recent generation are brave, but vulnerable to temptation.

[Gost ms]

Like it has always been said those that wait tends to be people who are very lackadaisical in there decision, because I find it very strange that someone who has an interest to invest in Bitcoin will be waiting for a dip, well I must say they are not ready to invest in Bitcoin yet, considering that we have other methods and pattern for people who want to keep accumulating Bitcoin, there is a DCA method which can help an interested investor to accumulate gradually without hesitation provided that you've a discretionary income, Bitcoin has been made in such a way that someone who is a no coiner or a pleb will have the opportunity to accumulate a reasonable amount of Bitcoin in there portfolio,  and can continue accumulating and to hold, so I don't see any reason why someone who is interested to invest should be waiting for a dip because that is a no Brainer.

I think those who read the discussions in this section regularly will not have any doubts about investing, but those who are completely new to investing and have minimal understanding of investing may delay investing a little.

An investor can get some idea about investing in Bitcoin or can scrutinize Bitcoin before investing initially, but he should not delay investing too much. The more an investor delays, the more he will lag behind in investing. When investors are in doubt about when to invest, they should look at how much profit those who invested a year ago have made or what level they are at now.

Hopefully, if an investor thinks about the previous year well, he will not take too long to invest in Bitcoin and he will also think that if he invests now, he may get a good amount of profit a year from now.

The amount of profits to get depends on the size of Bitcoin he has bought and how long he was able to hold his Bitcoin and in my learning a year is too small for anyone to be talking about getting profits because it should be long term considerably a cycle which is 4 years, those delaying or procrastinating to invest in Bitcoin even when they have the resources can start small and increase as their confidence increases because their is much of experience to gain when he or she has started but is ok to have that individual conviction before investing and it is true that taking too much time can result in regrets or not investing at all.

Those who have been investing for 5 years can be called new investors in many cases because their portfolio depends on it. For example, consistency is very important in investing. And it is very necessary for a new investor to start investing. If a person knows what Bitcoin is and through which method it can be invested, be it DCA or DIP and if there is a discretionary income, then it is never right for a person to wait to invest. Because many people think that investing requires a lot of expertise or a lot of knowledge. Along with investing, you can achieve everything. If you do not invest, how will you gain experience. And a person has to be patient.