Buy Buy Buy or Sell Sell Sell?

[Derekfunds]

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

The fact that one has made plans on starting and is ready means they're good to go, I don't really understand where the bravery comes in or does the investor needs people like JayJuanGee and other strong holder to come in physical and motivate them daily before they'll know the right thing is to start once their discretionary is intact.

 What people don't understand is that they don't need too much motivation to succeed, or know everything about Bitcoin before investing, knowing the basics is enough to get started and once the discretionary is intact then they're good to go, bitcoin investment is not something that's very tough to understand, once you've started you'll gradually learn more on the long run.

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

I don't think investing in Bitcoin as a newbie is bravery rather it can be seen as a choice and decision and at one point or the other one ought to make or take decision that will be beneficial to them even though it won't happen immediately but later. If you said those who start investing in Bitcoin ( newbie) are brave then what will you now call them if they stopped investing along the line stupid or what? Lol, anything one is doing in Bitcoin is to their own detriment and yes Bitcoin is very easy to invest that is when you have a discretionary especially the one you feel is okay.

[Sim_card]

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

I don't think investing in Bitcoin as a newbie is bravery rather it can be seen as a choice and decision and at one point or the other one ought to make or take decision that will be beneficial to them even though it won't happen immediately but later. If you said those who start investing in Bitcoin ( newbie) are brave then what will you now call them if they stopped investing along the line stupid or what? Lol, anything one is doing in Bitcoin is to their own detriment and yes Bitcoin is very easy to invest that is when you have a discretionary especially the one you feel is okay.

I will say that it's a sign of bravery for them to choose bitcoin over other assets and also was able to get the fuck out of the no coiner state into a low coiner. It doesn't matter if you cannot keep your bitcoin accumulation ongoing by DCAing continuously, because his discretionary income might not be able to meet up with weekly/monthly DCA regularly.

A new investor might have a discretionary income and buy bitcoin but because he cannot buy regularly, he will have to figure out how he can increase his discretionary income so that he can improve the way he's investing in bitcoin and make start buying every week continuously overtime when he has a good source of income and discretionary income. There is no crime for you to pause your bitcoin accumulation when you don't have a discretionary income to buy, the most important thing is that you don't sell what you have accumulated, because you can stay off your bitcoin investment since you invested with your discretionary income.

[Stormisover]

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

The fact that one has made plans on starting and is ready means they're good to go, I don't really understand where the bravery comes in or does the investor needs people like JayJuanGee and other strong holder to come in physical and motivate them daily before they'll know the right thing is to start once their discretionary is intact.

 What people don't understand is that they don't need too much motivation to succeed, or know everything about Bitcoin before investing, knowing the basics is enough to get started and once the discretionary is intact then they're good to go, bitcoin investment is not something that's very tough to understand, once you've started you'll gradually learn more on the long run.

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

This is another reason the use of a discretionary income is prioritize and with the help of the DCA strategy, I don't see buying Bitcoin for a beginner as bravery because anyone buying is simply taken position for what will become of Bitcoin in the future, Bitcoin is not just a trend if we consider necessity as a mother of invention, whether anyone buys Bitcoin or not is there choice and will be responsible for their actions and inaction, we should be grateful for such investment as Bitcoin rather than admitting any forms of bravery.

[Samlucky O]

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

The fact that one has made plans on starting and is ready means they're good to go, I don't really understand where the bravery comes in or does the investor needs people like JayJuanGee and other strong holder to come in physical and motivate them daily before they'll know the right thing is to start once their discretionary is intact.

 What people don't understand is that they don't need too much motivation to succeed, or know everything about Bitcoin before investing, knowing the basics is enough to get started and once the discretionary is intact then they're good to go, bitcoin investment is not something that's very tough to understand, once you've started you'll gradually learn more on the long run.

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

This is another reason the use of a discretionary income is prioritize and with the help of the DCA strategy, I don't see buying Bitcoin for a beginner as bravery because anyone buying is simply taken position for what will become of Bitcoin in the future, Bitcoin is not just a trend if we consider necessity as a mother of invention, whether anyone buys Bitcoin or not is there choice and will be responsible for their actions and inaction, we should be grateful for such investment as Bitcoin rather than admitting any forms of bravery.

surely buying bitcoin is by choice and anyone is responsible for there action or inaction as you have rightly said, but we can not deny the fact that everyone is different, which implies that what is simple to you may not be simple to some folks. and as a result of that, it takes courage for many to invest in bitcoin, knowing their money is invested in a volatile asset that is unstable regardless of how important bitcoin is. a person can only be grateful to what they know and have witnessed the value added advantage. but can not be grateful to what they know nothing about. but if they are still newbie and have less knowledge  and still have the conviction to embrace bitcoin by given it a trial, then we can assume there action to be a brave one. there action can only be classified not being brave is after knowing the full potential of bitcoin and still being afraid to buy.

[ChocolateBitcoinK]

Yes, you are right that investing in bitcoin does require a little planning and also readiness. Because these two factors do play an important role in our bitcoin investment. But besides this, I think we also have to be brave to start, because even though we have planning and readiness, but do not dare to start, of course it is also not good. Because basically starting to dare to buy bitcoin is the most important thing. Because there are so many people who make too complicated plans, but in the end they are stuck in the thought that they have to buy bitcoin when the price drops. So that's why I personally emphasize that investing in bitcoin is not complicated, because the point is you only need to have discretionary income regardless of the nominal amount, the most important thing is that it can be deposited on the exchange, I think that's good enough. And only then can you learn bitcoin little by little while running periodic accumulation or DCA.

This explanation is very contradictory and complicated to me, you are kind of saying one thing and at the same time saying the opposite, if there is planning and readiness what stops you from starting? After saying we also have to be brave to start, we have already concluded that we must not have everything perfectly planned and ready before starting or in order to get started, the most important first is to find out whether or not we have discretionary income just as you stated and if there is we are good to go and of course that will increases the chances of leaning Bitcoin more and improve in various kind of way that they are not doing well.

The fact that one has made plans on starting and is ready means they're good to go, I don't really understand where the bravery comes in or does the investor needs people like JayJuanGee and other strong holder to come in physical and motivate them daily before they'll know the right thing is to start once their discretionary is intact.

 What people don't understand is that they don't need too much motivation to succeed, or know everything about Bitcoin before investing, knowing the basics is enough to get started and once the discretionary is intact then they're good to go, bitcoin investment is not something that's very tough to understand, once you've started you'll gradually learn more on the long run.

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

This is another reason the use of a discretionary income is prioritize and with the help of the DCA strategy, I don't see buying Bitcoin for a beginner as bravery because anyone buying is simply taken position for what will become of Bitcoin in the future, Bitcoin is not just a trend if we consider necessity as a mother of invention, whether anyone buys Bitcoin or not is there choice and will be responsible for their actions and inaction, we should be grateful for such investment as Bitcoin rather than admitting any forms of bravery.

In the case of Bitcoin investment, you must have a proper understanding of Bitcoin in your thinking, Bitcoin is a long-term asset. You must first have real faith in Bitcoin, because if you cannot trust Bitcoin, you will not be able to have long-term hold in Bitcoin. bitcoin is a field where the longer people can survive, the greater the possibility and amount of success will be, so understand its potential while you have time, if you do not take advantage of the current opportunity, you will only regret it when it becomes much bigger in the future.

[CageMabok]

This is another reason the use of a discretionary income is prioritize and with the help of the DCA strategy, I don't see buying Bitcoin for a beginner as bravery because anyone buying is simply taken position for what will become of Bitcoin in the future, Bitcoin is not just a trend if we consider necessity as a mother of invention, whether anyone buys Bitcoin or not is there choice and will be responsible for their actions and inaction, we should be grateful for such investment as Bitcoin rather than admitting any forms of bravery.

Even if we shouldn't recognize the courage of everyone who buys Bitcoin for a better purpose, such as investing, anyone who realizes the value of holding Bitcoin for themselves will certainly buy Bitcoin without being prompted by those around them. This means that this is done based on their own awareness, perhaps already seeing the fact that Bitcoin is indeed a good thing to hold, so most people will strive to set aside a special fund to buy Bitcoin without sacrificing their daily funds, which are often used for their own needs.

[Shadiq]

In the case of Bitcoin investment, you must have a proper understanding of Bitcoin in your thinking, Bitcoin is a long-term asset. You must first have real faith in Bitcoin, because if you cannot trust Bitcoin, you will not be able to have long-term hold in Bitcoin. bitcoin is a field where the longer people can survive, the greater the possibility and amount of success will be, so understand its potential while you have time, if you do not take advantage of the current opportunity, you will only regret it when it becomes much bigger in the future.

To have faith in Bitcoin, we must have a correct idea about Bitcoin, which we can also consider as basic knowledge. When you do not know an asset properly and do not know about its benefits, then why would you believe in that asset? This may be a natural question. Even believing in an asset without knowing it well can become blind faith. So I would advise you, do not burden yourself by blindly believing in Bitcoin. First, know Bitcoin and be able to take self-measures. It is absolutely wrong to enter Bitcoin on the advice of others or by imitating others.

My advice would be to know the benefits of Bitcoin and gain basic knowledge about its maximum use. When you are able to gain basic knowledge about Bitcoin, then automatically you will have faith in Bitcoin and your enthusiasm for investing in the long term will increase. Never blindly believe in anything on the advice of others and do not enter it. Even if it is good, you will be responsible for your profits and losses. So try to avoid blaming others and avoid taking responsibility for others.

[ruykeri]

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

I don't think investing in Bitcoin as a newbie is bravery rather it can be seen as a choice and decision and at one point or the other one ought to make or take decision that will be beneficial to them even though it won't happen immediately but later. If you said those who start investing in Bitcoin ( newbie) are brave then what will you now call them if they stopped investing along the line stupid or what? Lol, anything one is doing in Bitcoin is to their own detriment and yes Bitcoin is very easy to invest that is when you have a discretionary especially the one you feel is okay.

I will say that it's a sign of bravery for them to choose bitcoin over other assets and also was able to get the fuck out of the no coiner state into a low coiner. It doesn't matter if you cannot keep your bitcoin accumulation ongoing by DCAing continuously, because his discretionary income might not be able to meet up with weekly/monthly DCA regularly.

A new investor might have a discretionary income and buy bitcoin but because he cannot buy regularly, he will have to figure out how he can increase his discretionary income so that he can improve the way he's investing in bitcoin and make start buying every week continuously overtime when he has a good source of income and discretionary income. There is no crime for you to pause your bitcoin accumulation when you don't have a discretionary income to buy, the most important thing is that you don't sell what you have accumulated, because you can stay off your bitcoin investment since you invested with your discretionary income.

You said a lot of important things. But as a common man, I would say that to start investing in Bitcoin , it is essential to have a regular source of income .If his income is not the same every month or week, his discretionary income may be more or less. He may not even have discretionary income in any month. However, to invest in Bitcoin for the long term, one should follow the DCA method and it is very important to have discretionary income.  addition, it must establish a reserve fund and an emergency fund. Only then can he invest and hold Bitcoin for the long term according to regular DCA method . Now, as you said, if he doesn't have regular discretionary income, he won't be able to invest in Bitcoin consistently using the DCA method. if someone does not have a discretionary income. and in some months earns less than the amount of money they need to spend, they will find themselves constantly having to spend from their savings . If this continues for a few months and suddenly he needs a large amount of money for some urgent need, In such a situation, he will decide to sell Bitcoin, having no other choice.This certainly won't bring good results for him.

You said it's not a crime to stop recognizing bitcoin unless  have extra disposable income. I agree with you, but anyone who has started with a long-term bitcoin investing mindset should be careful. He must create a reserve fund and an emergency fund or create these funds while investing in Bitcoin. This means that if his income decreases in any month or his income source is closed, Even then, he can continue to pay for his household expenses and invest regularly in Bitcoin from his emergency fund or reserve fund. Therefore, the best way to invest in long-term by forming an emergency fund for 3 to 6 months and investing in Bitcoin with discretionary income. As a result, if his income source stops in the future or he needs a lot of money for an emergency, he can take money from the reserve fund or emergency fund he has created and use it for his needs. Until his income starts again, he can use that emergency fund to cover his family expenses and continue to buy Bitcoin regularly. So he doesn't have to stop buying Bitcoin for any unforeseen event.

[Muba20]

In the case of Bitcoin investment, you must have a proper understanding of Bitcoin in your thinking, Bitcoin is a long-term asset. You must first have real faith in Bitcoin, because if you cannot trust Bitcoin, you will not be able to have long-term hold in Bitcoin. bitcoin is a field where the longer people can survive, the greater the possibility and amount of success will be, so understand its potential while you have time, if you do not take advantage of the current opportunity, you will only regret it when it becomes much bigger in the future.

To have faith in Bitcoin, we must have a correct idea about Bitcoin, which we can also consider as basic knowledge. When you do not know an asset properly and do not know about its benefits, then why would you believe in that asset? This may be a natural question. Even believing in an asset without knowing it well can become blind faith. So I would advise you, do not burden yourself by blindly believing in Bitcoin. First, know Bitcoin and be able to take self-measures. It is absolutely wrong to enter Bitcoin on the advice of others or by imitating others.

After gaining general knowledge about Bitcoin, when you start holding Bitcoin, your confidence will start to grow. I think you can't know everything at once. I must take time and patiently gain knowledge about Bitcoin. If you buy Bitcoin directly for long-term investment, it will inspire you. You will be able to gain more confidence in investing. But if you try to gain confidence without investing, I don't think it will have much effect. Moreover, the demand for Bitcoin is increasing gradually. If you start investing in Bitcoin for long-term investment at this time, if the market becomes more bullish, you will try to buy more Bitcoin. But if you give priority to only gaining knowledge without buying, you may be discouraged from investing in the future or your investment may be hampered.

[Pandorak]

Bitcoin market is not stable, today it raises, tomorrow it falls. The most important thing is someone investing in Bitcoin to monitor the market, some people have the patient of waiting while some others due to fear when they see that the price is fluctuating might rush and sell, I will suggest we buy the idea of buying and waiting while we monitor the market. If possible monitor it when the price is low then you buy and hold.

If you are planning to invest in bitcoin, then  you should have it in mind that you will be holding for a long period of time, so if you are having intention to hold for some period of time, then the current up and down in the market shouldn’t disturb you. If you are planning to invest, then just make use of DCA strategy, and start investing, you should know that bitcoin price cant be stable, and if you are planning to invest, then you don’t have to wait till bitcoin price is down before you going to invest, if you waiting for bitcoin price to drop before investing, then you might not really invest in bitcoin.

The only people that are suppose to be disturbed by the current movement in bitcoin price are the traders, but if you are a long term investor, then the current movement shouldn’t disturb you because even after buying bitcoin, you not really planning to sell the bitcoin soon, so before you sell, you will have been in good profit already.

We have to be prepared to invest in Bitcoin for the long term because otherwise, when you sell Bitcoin, you will be disappointed if the price of Bitcoin increases again. Although the price of Bitcoin fluctuates, there is a possibility that the price of Bitcoin will increase over time. It is better to invest in Bitcoin with patience.

There is no profit in preparing or planning for a long-term Bitcoin investment if you cannot start investing. There are many people who prepare before investing. But you do not need to prepare anything special when it comes to investing in bitcoin. If you have a discretionary income to invest, then that is enough. You can collect Bitcoin from that income regularly using the DCA strategy. Even if you do not have an emergency fund, you can start, but you can gradually create an emergency fund with some of your discretionary income. It can be done during the investment period.

You may be thinking of investing in Bitcoin by managing some more money and buying more Bitcoin later, but using such a strategy may make it more difficult for you to invest. If the price of Bitcoin rises, then you can get discouraged, which can hinder your investment. Therefore, without wasting time, if you have money to invest, you can start buying Bitcoin as soon as possible.

Preparing before venturing into Bitcoin is not prohibited or wrong and at same time it is not also compulsory that one should prepare everything before investing  but anyone who can prepare and still invest will stand at a better and great advantage than someone who didn't especially if they are discipline and has a good management skill. And anyone who can not also meet if they wait to prepare first should start at least and they will sort out things while they progresses in their investment, preparation is almost same thing as foundation and there is nothing more important than having a good foundation because sometimes it determine the longevity of the investment.

What you are saying makes sense, as there is basically nothing wrong with preparing in advance. However, on the other hand, you should also understand that waiting is not wise either, because you will lose momentum and will be left behind if you continue to focus on the reasons for preparing things. For that you can start by buying the initial stage with the income you have, as @Muba20 said, as long as your discretionary income is available at that time you can start accumulating, we also have to realize that to understand Bitcoin in depth it takes a long time, not just 1 2 weeks, knowledge about Bitcoin is very broad, you can start learning it while continuing to accumulate your Bitcoin holdings.

[JayJuanGee]

[edited out]

Yes, as you gain knowledge, your confidence in Bitcoin will increase. But if you wait and spend a long time before investing in Bitcoin to gain proper knowledge, I think it will not be a good decision. If you have a basic idea before investing, especially how to store it in a safe wallet, I think you can start investing regularly from then.

You seem to be mixing up the basics icebar.

Sure, learning how to store BTC in a safe wallet is important, especially the further down the road we get, yet there are way more basic things that are more important than privately storing your bitcoin, which relate to figuring out your discretionary income and to get some ideas of your cashflow management so that you do not invest beyond your discretionary income, and sure there may well be guys who already know how to do these things, yet it seems that figuring out cash flow management is one of the more basic skills and you don't even have to have your cashflow management figured out right away as long as you are correct about your having discretionary income and you are not investing beyond your discretionary income.

I know that some guys believe that it is important to not use third-parties to keep your coins, yet i doubt that private wallet management is a basic skill that has to be used first, especially for people who might begin to source their coins through third party services. 

There are some folks who might start out buying bitcoin directly from someone else, and likely they would need to figure out their wallet situation sooner than someone who is buying bitcoin on an exchange... so sure it is important not to lose bitcoin through poor wallet management or through the employment of some shady exchange, yet I still question the extent to which wallet management would supercede figuring out if we have discretionary funds for the first purchase and then continuing to make sure that we are spending within discretionary funds for subsequent purchases, including if we might start to buy bitcoin on a weekly basis or some other frequency like that.

Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

You are probably wrong in regards to the extent to which you need a lot of knowledge prior to getting started investing in bitcoin, and likely you can learn a lot along the way, and since no one wants to lose money, there likely will be incentives to learn more and more about bitcoin as a person invests more into it.  Yet at the same time, one of the mot important things to do is to get started, and starting out position size can surely be adjusted based on how much knowledge and/or confidence that a person has, and surely the less knowledge and confidence that a person has in the beginning may well cause him to invest less in the beginning, perhaps starting out with $10 or maybe $100 or some other fairly conservative amount as he is also looking further into matters, perhaps considering his personal factors, yet not having to resolve all of his personal factors in order to get started investing in bitcoin whether weekly or otherwise..

Sure, in theory, the buying of bitcoin should become easier as a guy gets more experience in regards to his bitcoin buying and his cashflow management, yet there can be guys who are in tough situations in their lives in regards to the steadiness of their income, problems with their expenses and/or their handling of various debts that they might have. Of course, it is more likely that guys will improve with their bitcoin investment and their cashflow management if they are trying to learn and to improve their situation, yet none of it will come automatically, especially if they might be coming to bitcoin with earlier bad habits and even perhaps having challenges in regards to their ability to even identify some earlier bad habits that they had.

Yea you are actually right here, it's takes a newbie investors more time to unlearn bad investment harbit, relearn and stick to the right knowledge, because I have seen guys that are used to buying Bitcoin and selling off once their is an increase in price, those types of newbies investors, it will takes them years to accept the reality that the best way to make a fortune from your investment in Bitcoin is by accumulating a huge stash of it and hold for a very long period of time.
These types of investors, due to the fact that they already have those bad harbits, those traders mindset, it will take them more time to readjust and move on the right path even though they know that they were on the wrong path for too long, but if the said fellow has the will needed to grow in his Bitcoin investment, with time he will readjust and follow the right path even though he might struggle in doing so.

Not everyone learns or gets out of his bad habits or even concludes that what he is doing is bad.   So sometimes even folks who start to learn good habits, they may continue to retain some bad habits, and even guys who are very smart, they might get really tempted to sell bitcoin or to slow down in their bitcoin accumulation, even when they are supposed to be buying it.  So guys have to figure out how to invest and to manage their cashflow and to develop the right kind of a long term investor mindset and to bring themselves away from trading/gambling tendencies and even in various aspects of their past cashflow management problems, including potentially their consumption or their use of debt for consumption, they may well need to figure out ways to modify and moderate some of their behaviors to make them more investment friendly.

[I_Anime]

In the case of Bitcoin investment, you must have a proper understanding of Bitcoin in your thinking, Bitcoin is a long-term asset. You must first have real faith in Bitcoin, because if you cannot trust Bitcoin, you will not be able to have long-term hold in Bitcoin. bitcoin is a field where the longer people can survive, the greater the possibility and amount of success will be, so understand its potential while you have time, if you do not take advantage of the current opportunity, you will only regret it when it becomes much bigger in the future.

To have faith in Bitcoin, we must have a correct idea about Bitcoin, which we can also consider as basic knowledge. When you do not know an asset properly and do not know about its benefits, then why would you believe in that asset? This may be a natural question. Even believing in an asset without knowing it well can become blind faith. So I would advise you, do not burden yourself by blindly believing in Bitcoin. First, know Bitcoin and be able to take self-measures. It is absolutely wrong to enter Bitcoin on the advice of others or by imitating others.

After gaining general knowledge about Bitcoin, when you start holding Bitcoin, your confidence will start to grow. I think you can't know everything at once. I must take time and patiently gain knowledge about Bitcoin. If you buy Bitcoin directly for long-term investment, it will inspire you. You will be able to gain more confidence in investing. But if you try to gain confidence without investing, I don't think it will have much effect. Moreover, the demand for Bitcoin is increasing gradually. If you start investing in Bitcoin for long-term investment at this time, if the market becomes more bullish, you will try to buy more Bitcoin. But if you give priority to only gaining knowledge without buying, you may be discouraged from investing in the future or your investment may be hampered.

To be frank if one want to understand everything about bitcoin before starting their accumulation is quite wrong , because you are missing out in a lot of buying opportunity and the thing is that the price is volatile so it wait for no man , so now you might be complaining that the price is too high but when you keep waiting you are given it more time for the price to increase more .

So In bitcoin you don’t have to start wasting time in tryna understanding the complex part of bitcoin before stating your investment. To save time is advisable to understand the basic knowledge first because without those basic knowledge you won’t be able to purchase bitcoin in form of accumulation. And you can choose to gain more knowledge while you accumulate.

[Tungbulu]

Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

You are probably wrong in regards to the extent to which you need a lot of knowledge prior to getting started investing in bitcoin, and likely you can learn a lot along the way, and since no one wants to lose money, there likely will be incentives to learn more and more about bitcoin as a person invests more into it.  Yet at the same time, one of the mot important things to do is to get started, and starting out position size can surely be adjusted based on how much knowledge and/or confidence that a person has, and surely the less knowledge and confidence that a person has in the beginning may well cause him to invest less in the beginning, perhaps starting out with $10 or maybe $100 or some other fairly conservative amount as he is also looking further into matters, perhaps considering his personal factors, yet not having to resolve all of his personal factors in order to get started investing in bitcoin whether weekly or otherwise..

Yeah, the idea of wanting to have all the encyclopaedia of knowledge about Bitcoin before starting your investment is just wrong and could sometimes appear to be misleading too, as this could potentially dissuade newbies who already have discretionary income from getting started immediately on an impression that they need to first gain all or an extensive amount of knowledge before they should get started. It's very possible for anyone to learn as they proceed, as long as they have basic math skills and common sense, and the potential for losses can be a very strong motivator to keep learning and improving in their knowledge. Starting small is an awesome way to dip your feet in the water, and you can always be flexible with your approach and increase your investment amount as you proceed and gain more knowledge and experience.

It's also very agreeable that personal factors can play quite a very vital role in investing, but it's not mandatory to have all the answers to your questions before you think of getting started immediately. By just getting started, you'll be able to learn, refine your perspective and figure out things yourself as you go. Some folks might choose to get started with a small amount like $10 or even $100, and as they become more comfortable and confident in their strategy, they'll potentially increase their investment.
On thing that everyone must keep in mind is that, Bitcoin investment is a marathon and not a sprint, it's more about building a particular habit that works for you or aligns with your goals and then learning how to stay consistent in those habits overtime. Even when the investment is small, as long as you're consistent in your accumulation, it'll definitely add up overtime, and yeah, it's always advisable to keep conducting your own research as this is a great way to keep learning more and more and would also help you make more informed decisions that aligns with your financial situation and personal goals.

[Obulis]

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

I totally agree to this, it's not how early an investor started but how well they understand what investing on bitcoin is all about, how patient they can be and how determined they're to reach their target, most folks who started early even made mistakes of selling after they saw pump not knowing that Bitcoin has the potential of going higher some sold out of panic during several halfing period without knowing it's an opportunity to buy more, so it's not how early but how well an investor understands Bitcoin investment.

Exactly.  Without fully assimilating the cyclic nature of Bitcoin, starting early might have negligible or little impact. The study of Bitcoin halving mechanics, long-period potential and volatility is the key to true success. Holders are distinguished from impatient sellers by their patience during pumps and conviction during corrections, such as those halving dips.

 Is it really about #when you started#, for sure not but how you go through each cycle wisely.  How well or how deep an investor understands is greater than how early they started.

[danadc]

Is consolidating for now , either up or down. But going down will just be a correction to bounce back stronger , one thing certain Bitcoin still bullish but am not concerned with the price for now though am happy that Bitcoin value is increasing but now am focusing on accumulating more ,  because that is what will surely guarantee me a better ROI . Because if one don't have enough quantity and Bitcoin surges that person won't make enough ROI compared to when they have enough Bitcoin stash .

I think accumulation is key for everyone. Those who have been buying regardless of the movements have done excellently.

And the trend is supposedly upward. We have to wait and see how it continues to develop, but the outlook looks very optimistic:
 and it has given a good result, for those who in the temporary stage of consolidation and accumulation have had good results:

Bitcoin price retargets $119K as treasuries buy 28K BTC in two days

*Bitcoin ditches its latest dip as strategic reserve hopes replace nerves over Federal Reserve policy.

*BTC price aims for $119,000, gaining nearly 3% versus FOMC meeting lows.

*Corporate Bitcoin treasuries add almost 30,000 BTC of exposure in just 48 hours despite market volatility.

Bitcoin traders eye strategic reserve as rate cut bets dive
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing nearly 3% from Wednesday’s local lows.

These had accompanied a more hawkish than expected Federal Reserve meeting on interest rates.

cointelegraph:https://cointelegraph.com/news/bitcoin-price-retargets-119k-treasuries-buy-28k-btc

So if these people are buying at such a high level, why shouldn't we? Sometimes we need to follow the same direction as the whales, just to ensure a positive move.

[yixichloro2xx]

Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

You are probably wrong in regards to the extent to which you need a lot of knowledge prior to getting started investing in bitcoin, and likely you can learn a lot along the way, and since no one wants to lose money, there likely will be incentives to learn more and more about bitcoin as a person invests more into it.  Yet at the same time, one of the mot important things to do is to get started, and starting out position size can surely be adjusted based on how much knowledge and/or confidence that a person has, and surely the less knowledge and confidence that a person has in the beginning may well cause him to invest less in the beginning, perhaps starting out with $10 or maybe $100 or some other fairly conservative amount as he is also looking further into matters, perhaps considering his personal factors, yet not having to resolve all of his personal factors in order to get started investing in bitcoin whether weekly or otherwise..

Yeah, the idea of wanting to have all the encyclopaedia of knowledge about Bitcoin before starting your investment is just wrong and could sometimes appear to be misleading too, as this could potentially dissuade newbies who already have discretionary income from getting started immediately on an impression that they need to first gain all or an extensive amount of knowledge before they should get started. It's very possible for anyone to learn as they proceed, as long as they have basic math skills and common sense, and the potential for losses can be a very strong motivator to keep learning and improving in their knowledge. Starting small is an awesome way to dip your feet in the water, and you can always be flexible with your approach and increase your investment amount as you proceed and gain more knowledge and experience.

It's also very agreeable that personal factors can play quite a very vital role in investing, but it's not mandatory to have all the answers to your questions before you think of getting started immediately. By just getting started, you'll be able to learn, refine your perspective and figure out things yourself as you go. Some folks might choose to get started with a small amount like $10 or even $100, and as they become more comfortable and confident in their strategy, they'll potentially increase their investment.
On thing that everyone must keep in mind is that, Bitcoin investment is a marathon and not a sprint, it's more about building a particular habit that works for you or aligns with your goals and then learning how to stay consistent in those habits overtime. Even when the investment is small, as long as you're consistent in your accumulation, it'll definitely add up overtime, and yeah, it's always advisable to keep conducting your own research as this is a great way to keep learning more and more and would also help you make more informed decisions that aligns with your financial situation and personal goals.

If I may add to your point, one major mistake I see a lot of newbies make is thinking they need to become Bitcoin professors before they invest. Truth is, that mindset does more harm than good. It delays action and often leads to missed opportunities.

You really don’t need to know everything from the start. A lot of us learned along the way, by starting small, making mistakes, adjusting, and gradually building confidence. Even something as simple as putting aside $10 or $20 consistently can go a long way over time.What matters more is forming the right habit early, whether through DCA or another method that suits your lifestyle. The real flex is staying consistent, not trying to time the market like a psychic.

Bitcoin is not  some get rich quick scheme,  it is a long game. The earlier you start stacking, the better your future self will thank you. Just start, learn as you go, and refine your strategy with experience. You don’t need to be perfect, you just need to begin.......

[Obulis]

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

I totally agree to this, it's not how early an investor started but how well they understand what investing on bitcoin is all about, how patient they can be and how determined they're to reach their target, most folks who started early even made mistakes of selling after they saw pump not knowing that Bitcoin has the potential of going higher some sold out of panic during several halfing period without knowing it's an opportunity to buy more, so it's not how early but how well an investor understands Bitcoin investment.

Patience is very important as long as long term investment is concerned. Investing in bitcoin for a longer term requires patience in other to be able to hold and to avoid making impulsive decisions based on market fluctuation. Just like you said timing the market is gambling and it is mostly those that are into bitcoin for short term goals that prioritise waiting for the price to dips.sometimes during bearish season most investors used to sell there bitcoin at loss.

Asides Bitcoin investment any other investment or business that wants to yield better profits in the future must require patience, it's the key to a successful investment and anyone that wants to enter the market without having patience to build their portfolio and watch it grow on the long run is wasting their time, they could only enjoy the quick profits they'll gain and miss out on better profits in the future, the market would always do it's thing and cause week hands to panic but a real investor would hold on knowing there would definitely be corrections and keep adding to their portfolio instead of selling at loss.

This means nailing the fundamental: patience cannot be compromised. Beyond Bitcoin, patience is inevitable for creating real wealth in any asset class, including real estate, stocks, and starting a business. Some people sacrifices compounding over a long period in the pursuit of quick wins.  Panic or emotional selling locks in losses and destroys future buildup.
Knowing that corrections are normal, volatility is used by disciplined investors strategically by steadily accumulating high-quality assets and undermining baseless or short-term noise. Definitely, resilience and commitment to the long game is what separates sustainable profits from fleeting gains.
 Time is the ultimate gain.

[JayJuanGee]

Is consolidating for now , either up or down. But going down will just be a correction to bounce back stronger , one thing certain Bitcoin still bullish but am not concerned with the price for now though am happy that Bitcoin value is increasing but now am focusing on accumulating more ,  because that is what will surely guarantee me a better ROI . Because if one don't have enough quantity and Bitcoin surges that person won't make enough ROI compared to when they have enough Bitcoin stash .

I think accumulation is key for everyone. Those who have been buying regardless of the movements have done excellently.
And the trend is supposedly upward. We have to wait and see how it continues to develop, but the outlook looks very optimistic:
 and it has given a good result, for those who in the temporary stage of consolidation and accumulation have had good results:

Bitcoin price retargets $119K as treasuries buy 28K BTC in two days
*Bitcoin ditches its latest dip as strategic reserve hopes replace nerves over Federal Reserve policy.
*BTC price aims for $119,000, gaining nearly 3% versus FOMC meeting lows.

*Corporate Bitcoin treasuries add almost 30,000 BTC of exposure in just 48 hours despite market volatility.

Bitcoin traders eye strategic reserve as rate cut bets dive
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing nearly 3% from Wednesday’s local lows.
These had accompanied a more hawkish than expected Federal Reserve meeting on interest rates.

cointelegraph:https://cointelegraph.com/news/bitcoin-price-retargets-119k-treasuries-buy-28k-btc
So if these people are buying at such a high level, why shouldn't we? Sometimes we need to follow the same direction as the whales, just to ensure a positive move.

Your idea of following BIG money is not a good one, yet it is true that a lot of long time bitcoiners have already frontrun a lot of companies, governments and/or status quo rich individuals, and bitcoin is in such a position that front running is still possible since even though it sounds like a lot of companies, governments and/or rich individuals are getting into bitcoin, they are still quite in the early stages of finding out about bitcoin and they may well attempt to try to play waves instead of investing solidly in bitcoin in the long run.

Surely there can be a dilemma for newbies in regards to both getting into bitcoin and how aggressively that they might choose to be in regards to their bitcoin accumulation, and part of the problem is that almost no matter what, it takes quite a bit of time to build up a bitcoin investment position, so in that regard, getting started as soon as possible seems to be a good plan, and figuring out their level of aggressiveness in their bitcoin accumulation is likely a good thing to do also, yet still some folks are likely going to either not start and/or not be as aggressive as they should be.. .but yeah, those are personal choices, and each of us has to live with the consequences of our individual choices that revolve around whether to invest and how much.

Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

You are probably wrong in regards to the extent to which you need a lot of knowledge prior to getting started investing in bitcoin, and likely you can learn a lot along the way, and since no one wants to lose money, there likely will be incentives to learn more and more about bitcoin as a person invests more into it.  Yet at the same time, one of the mot important things to do is to get started, and starting out position size can surely be adjusted based on how much knowledge and/or confidence that a person has, and surely the less knowledge and confidence that a person has in the beginning may well cause him to invest less in the beginning, perhaps starting out with $10 or maybe $100 or some other fairly conservative amount as he is also looking further into matters, perhaps considering his personal factors, yet not having to resolve all of his personal factors in order to get started investing in bitcoin whether weekly or otherwise..

Yeah, the idea of wanting to have all the encyclopaedia of knowledge about Bitcoin before starting your investment is just wrong and could sometimes appear to be misleading too, as this could potentially dissuade newbies who already have discretionary income from getting started immediately on an impression that they need to first gain all or an extensive amount of knowledge before they should get started. It's very possible for anyone to learn as they proceed, as long as they have basic math skills and common sense, and the potential for losses can be a very strong motivator to keep learning and improving in their knowledge. Starting small is an awesome way to dip your feet in the water, and you can always be flexible with your approach and increase your investment amount as you proceed and gain more knowledge and experience.

It's also very agreeable that personal factors can play quite a very vital role in investing, but it's not mandatory to have all the answers to your questions before you think of getting started immediately. By just getting started, you'll be able to learn, refine your perspective and figure out things yourself as you go. Some folks might choose to get started with a small amount like $10 or even $100, and as they become more comfortable and confident in their strategy, they'll potentially increase their investment.
On thing that everyone must keep in mind is that, Bitcoin investment is a marathon and not a sprint, it's more about building a particular habit that works for you or aligns with your goals and then learning how to stay consistent in those habits overtime. Even when the investment is small, as long as you're consistent in your accumulation, it'll definitely add up overtime, and yeah, it's always advisable to keep conducting your own research as this is a great way to keep learning more and more and would also help you make more informed decisions that aligns with your financial situation and personal goals.

If I may add to your point, one major mistake I see a lot of newbies make is thinking they need to become Bitcoin professors before they invest. Truth is, that mindset does more harm than good. It delays action and often leads to missed opportunities.

You really don’t need to know everything from the start. A lot of us learned along the way, by starting small, making mistakes, adjusting, and gradually building confidence. Even something as simple as putting aside $10 or $20 consistently can go a long way over time.What matters more is forming the right habit early, whether through DCA or another method that suits your lifestyle. The real flex is staying consistent, not trying to time the market like a psychic.

Bitcoin is not  some get rich quick scheme,  it is a long game. The earlier you start stacking, the better your future self will thank you. Just start, learn as you go, and refine your strategy with experience. You don’t need to be perfect, you just need to begin.......

Trying to be too perfect will likely screw a lot of newbies up, and sure there is nothing wrong with trying to do the best as we can under the circumstances, yet we have to attempt to be practical too. For sure there are some guys that learn faster than others, and they are able to figure out more details of their personal factors (which might even mean that they were coming to bitcoin with more experience, even if sometimes their experience might not be apparent from the outside, they might start out way more organized and have systems in place to be more aggressive from the start) - yet at the same time, even if I frequently suggest that guys should be as aggressive as they are able to be without over doing it, guys may well have to exercise some purposeful self-discipline in regards to purposefully holding back on their level of aggressiveness as they are becoming accustomed to their new practice of investing weekly (or whatever time period) into bitcoin.

[kanftka]

I think the bravery he’s talking about is not the physical strength or motivation, the Bravery comes to play when he decides to invest and goes ahead to do it. As a newbie stepping into a field he’s not familiar or confident with, it takes bravery cos normally newbies fear have a certain level of fear in them so overcoming that is bravery.
Bitcoin can be easy to understand and invest in but for someone totally new, it takes courage to put your money in an investment you don’t really know much on. So by overcoming that first huddle, with time he’ll  get to know more about bitcoin investment and possibly increase his holdings.

I don't think investing in Bitcoin as a newbie is bravery rather it can be seen as a choice and decision and at one point or the other one ought to make or take decision that will be beneficial to them even though it won't happen immediately but later. If you said those who start investing in Bitcoin ( newbie) are brave then what will you now call them if they stopped investing along the line stupid or what? Lol, anything one is doing in Bitcoin is to their own detriment and yes Bitcoin is very easy to invest that is when you have a discretionary especially the one you feel is okay.

I will say that it's a sign of bravery for them to choose bitcoin over other assets and also was able to get the fuck out of the no coiner state into a low coiner. It doesn't matter if you cannot keep your bitcoin accumulation ongoing by DCAing continuously, because his discretionary income might not be able to meet up with weekly/monthly DCA regularly.

A new investor might have a discretionary income and buy bitcoin but because he cannot buy regularly, he will have to figure out how he can increase his discretionary income so that he can improve the way he's investing in bitcoin and make start buying every week continuously overtime when he has a good source of income and discretionary income. There is no crime for you to pause your bitcoin accumulation when you don't have a discretionary income to buy, the most important thing is that you don't sell what you have accumulated, because you can stay off your bitcoin investment since you invested with your discretionary income.

Yu know, people talk about DCAing like it has to be this perfect, consistent thing, but the truth is not everyone has the luxury of steady discretionary income to be buying every week or month without missing a beat. Sometimes life just doesn't allow that. And that’s okay...

A new investor might manage to buy once or twice or more with the little they've got, but maybe they can’t keep it going regularly yet. That doesn’t mean they’re doing anything wrong. In fact, that realization alone could push them to find ways to earn more, boost their income, and eventually reach a point where they can DCA more frequently and comfortably.

There is also nothing wrong in pausing your Bitcoin buys when your financial situation changes. The real key, honestly, is not selling what you’ve already accumulated. As long as you bought with money you could afford to let sit, there’s no pressure to touch it. You can chill, sit on it, and come back stronger when things get better.

Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

You are probably wrong in regards to the extent to which you need a lot of knowledge prior to getting started investing in bitcoin, and likely you can learn a lot along the way, and since no one wants to lose money, there likely will be incentives to learn more and more about bitcoin as a person invests more into it.  Yet at the same time, one of the mot important things to do is to get started, and starting out position size can surely be adjusted based on how much knowledge and/or confidence that a person has, and surely the less knowledge and confidence that a person has in the beginning may well cause him to invest less in the beginning, perhaps starting out with $10 or maybe $100 or some other fairly conservative amount as he is also looking further into matters, perhaps considering his personal factors, yet not having to resolve all of his personal factors in order to get started investing in bitcoin whether weekly or otherwise..

Yeah, the idea of wanting to have all the encyclopaedia of knowledge about Bitcoin before starting your investment is just wrong and could sometimes appear to be misleading too, as this could potentially dissuade newbies who already have discretionary income from getting started immediately on an impression that they need to first gain all or an extensive amount of knowledge before they should get started. It's very possible for anyone to learn as they proceed, as long as they have basic math skills and common sense, and the potential for losses can be a very strong motivator to keep learning and improving in their knowledge. Starting small is an awesome way to dip your feet in the water, and you can always be flexible with your approach and increase your investment amount as you proceed and gain more knowledge and experience.

It's also very agreeable that personal factors can play quite a very vital role in investing, but it's not mandatory to have all the answers to your questions before you think of getting started immediately. By just getting started, you'll be able to learn, refine your perspective and figure out things yourself as you go. Some folks might choose to get started with a small amount like $10 or even $100, and as they become more comfortable and confident in their strategy, they'll potentially increase their investment.
On thing that everyone must keep in mind is that, Bitcoin investment is a marathon and not a sprint, it's more about building a particular habit that works for you or aligns with your goals and then learning how to stay consistent in those habits overtime. Even when the investment is small, as long as you're consistent in your accumulation, it'll definitely add up overtime, and yeah, it's always advisable to keep conducting your own research as this is a great way to keep learning more and more and would also help you make more informed decisions that aligns with your financial situation and personal goals.

I really agree with you man. A lot of people overthink it and end up doing nothing at all, waiting to know everything before they even buy their first BTC. But the truth is, you will never know everything. Even those that have been in the space for 5+ years are still learning every day. Bitcoin is deep, and it keeps evolving.

I personally believe that starting small is one of the best ways to actually learn. You feel more involved when you have something at stake, even if it is just $20 or $50 DCAing. It makes you pay more attention, and that is when the real learning kicks in. Read more, ask questions, and gradually get better over time.

And honestly, what really matters is sticking with it and staying curious. Nobody is saying don't do research, but don’t let that become an excuse to delay starting.

[icebar]

[edited out]

Yes, as you gain knowledge, your confidence in Bitcoin will increase. But if you wait and spend a long time before investing in Bitcoin to gain proper knowledge, I think it will not be a good decision. If you have a basic idea before investing, especially how to store it in a safe wallet, I think you can start investing regularly from then.

You seem to be mixing up the basics icebar.

Sure, learning how to store BTC in a safe wallet is important, especially the further down the road we get, yet there are way more basic things that are more important than privately storing your bitcoin, which relate to figuring out your discretionary income and to get some ideas of your cashflow management so that you do not invest beyond your discretionary income, and sure there may well be guys who already know how to do these things, yet it seems that figuring out cash flow management is one of the more basic skills and you don't even have to have your cashflow management figured out right away as long as you are correct about your having discretionary income and you are not investing beyond your discretionary income.

I had a problem understanding that fact. I wanted to explain that if there is a situation like investment, then if you only have the basic knowledge of holding Bitcoin, then you should start accumulating Bitcoin as much as you can. Although I could not explain the matter clearly. However, through your reply, I also learned that we should not worry too much about the wallet first and should focus on the financial aspect. If I do not have money or if I do not have any discretionary income, then no matter what wallet I keep, it is not safe. Another thing is that i do not need to know everything before starting investing. If i can start with a small amount, then the risk is also low, and it is easy to learn and gain knowledge from the investment. Many investors feel extra pressure and do not start investing in Bitcoin. That is why it is important to start with a small amount within own capacity.