Buy Buy Buy or Sell Sell Sell?

[Princess Leah]

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.

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

 Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

[Hewlet]

Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

absolutely true. it is just like you are about getting started in your investment and you are comparing yourself to people that have far more resource than you and can afford to invest like $500 per week and still do that consistently for years. trying to wait till you have reached that point before investing will lead to another way of wasting time because it might take too long a time and waisted effort before you get to that point.

To start, you don't need to get all things figured out. you don't need to have too much money on ground before getting started. you don't need to know everything about bitcoin at the start (you can't even know everything even after spending some years investing.) you need to start and then you can learn and grow in the process. the goal is to build a robust portfolio but if you are not positioned at the start to build it too soon, there is no cause for alarm, just start the way you are and even if you can only start with a DCA of $10, $20, $30 or so, it is best to start that way and in the long run you can be better positioned to increased your DCA amount based on your income growth.

bitcoin investment is not independent of the way you are growing and so it is better first get started and then to take it slow and steady while working to increase your income and subsequently your invested amount.

[ruykeri]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

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.

Yes I agree with this, experience can make one to be inform, it can also make someone to be aware of unforseen circumstances and help one to prepare towards those situations. But in Bitcoin it is not really good to first have bad experience before one can really learn or adjust in some things, in as much we are investing knowing Bitcoin is a great asset we should also be conscious of some situations because it will help a lot, someone use to tell me " Don't wait for something bad to happen but rather try find out how it always happen, what makes it happens and look for a way to go about it even though you may not stop it entirely "

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. 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.

For a newbie who’s desirous to invest in bitcoin, I especially recommend that it’s better to get started first in accumulating bitcoin once you’re able to figure out your discretionary income because that’s just what’s needed to start investing in bitcoin. Your idea is good but I still think that most newbies will find it complicated or rather seems misleading when they read through the line where you said “the price of Bitcoin can increase from current price at any given time and the current price can be a dip”. This would seems as though you’re saying and encouraging they should only invest when bitcoin price dips. It’s better you let them know that they should get started immediately they are able to figure out their discretionary income no matter what the price of bitcoin is because they mustn’t buy all the coins. With their discretionary income available, they can adopt the DCA method of accumulating bitcoin and buy bit by bit either on weekly or monthly basis no matter what the price is using just their available discretionary income with the right strategy of investing for the long term goal of consistently, persistently accumulating bitcoin and hodl.

I also used to think that when the price of Bitcoin drops, you should buy more because the price of Bitcoin always fluctuates. I used to think like this too, that we should create a separate fund where we can save money to invest when the price of Bitcoin drops. Later, I realized that we should actually get rid of the word DIP from our minds because during long-term investing, we should get rid of this kind of thinking that the price of Bitcoin will drop or rise. So if the price of Bitcoin doesn't drop significantly in the future, I'll regret not investing the funds I created to buy it in DIP earlier.. So I completely agree with you. We should You should build your own emergency fund and reserve fund and invest in Bitcoin by following the monthly or weekly DCA method.

https://x.com/cryptonewspod_/status/1950914989276967320

If we look at the statistics, we can see that so far 97% of people who have    HODL Bitcoin have made a profit and are in a profitable position. Only by holding can we get the real profit of science. The longer we can hold, the longer we can invest regularly, the more we will benefit. So if someone wants to invest in Bitcoin, first of all, he has to fix the mentality that I will invest in Bitcoin for the next 4 to 10 years. Later, he should focus on fund management.  He will create a reserve fund and an emergency fund so that he can continue to buy Bitcoin if he faces any economic problems in the future.

[Silikiem]

We can prepare our bitcoin investment foundation and our cashflow management foundation as we are already starting to buy bitcoin on a regular basis, such as weekly...

You're right getting started is the most important thing instead of trying to lay a foundation or start imagining things that you're not even sure of, alot of people always keep  making imaginations about how thier bitcoin investment is going to look like instead of getting started with thier bitcoin investment, doing this is just like a waste of time, because those time you're wasting to think about how your bitcoin investment will look like and how you're going to be in a profit is due to get started so Long as your discretionary fund is available.

and yeah surely it could be the case that our first several weeks of buying bitcoin might not be large BTC purchases, so we might end up starting out conservatively as we get used to buying bitcoin weekly and also figuring out how aggressively we might be able to become in the future including exploring our own options, even if we might have had spent several weeks already buying bitcoin on about a weekly basis.

Yeah, but I think it depends on the amount we are putting into our weekly routine buying in that first several weeks of buying bitcoin. and yeah, some people might feel this way that's those people  that does not have a good cash flow to be buying aggressively or putting a More reasonable amount. when a Guy Master the weekly buying of bitcoin the journey becomes easier as he will be trying to Stick to the ongoing buying of bitcoin until he build a very large portfolio or get to the status of overaccumulation.

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.

Yes I agree with this, experience can make one to be inform, it can also make someone to be aware of unforseen circumstances and help one to prepare towards those situations. But in Bitcoin it is not really good to first have bad experience before one can really learn or adjust in some things, in as much we are investing knowing Bitcoin is a great asset we should also be conscious of some situations because it will help a lot, someone use to tell me " Don't wait for something bad to happen but rather try find out how it always happen, what makes it happens and look for a way to go about it even though you may not stop it entirely "

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. 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.

For a newbie who’s desirous to invest in bitcoin, I especially recommend that it’s better to get started first in accumulating bitcoin once you’re able to figure out your discretionary income because that’s just what’s needed to start investing in bitcoin. Your idea is good but I still think that most newbies will find it complicated or rather seems misleading when they read through the line where you said “the price of Bitcoin can increase from current price at any given time and the current price can be a dip”. This would seems as though you’re saying and encouraging they should only invest when bitcoin price dips. It’s better you let them know that they should get started immediately they are able to figure out their discretionary income no matter what the price of bitcoin is because they mustn’t buy all the coins. With their discretionary income available, they can adopt the DCA method of accumulating bitcoin and buy bit by bit either on weekly or monthly basis no matter what the price is using just their available discretionary income with the right strategy of investing for the long term goal of consistently, persistently accumulating bitcoin and hodl.

I also used to think that when the price of Bitcoin drops, you should buy more because the price of Bitcoin always fluctuates. I used to think like this too, that we should create a separate fund where we can save money to invest when the price of Bitcoin drops. Later, I realized that we should actually get rid of the word DIP from our minds because during long-term investing, we should get rid of this kind of thinking that the price of Bitcoin will drop or rise. So if the price of Bitcoin doesn't drop significantly in the future, I'll regret not investing the funds I created to buy it in DIP earlier.. So I completely agree with you. We should You should build your own emergency fund and reserve fund and invest in Bitcoin by following the monthly or weekly DCA method.

https://x.com/cryptonewspod_/status/1950914989276967320

If we look at the statistics, we can see that so far 97% of people who have    HODL Bitcoin have made a profit and are in a profitable position. Only by holding can we get the real profit of science. The longer we can hold, the longer we can invest regularly, the more we will benefit. So if someone wants to invest in Bitcoin, first of all, he has to fix the mentality that I will invest in Bitcoin for the next 4 to 10 years. Later, he should focus on fund management.  He will create a reserve fund and an emergency fund so that he can continue to buy Bitcoin if he faces any economic problems in the future.

Fair enough, so many others have also been in this shoe, including myself when I first started. So the good thing is, bitcoin investment gives you the opportunity to learn and unlearn as you continue with your bitcoin accumulation and that’s why it’s been always emphasized that is better to get started first in accumulating bitcoin once you’re able to figure out your discretionary income than waiting to acquire all the knowledge, skills etc before investing. It’s practically impossible to time the market, you cannot tell or decide when is dip so that you will start accumulating bitcoin that time, so the best time to invest and accumulate bitcoin or purchase anything is when  you have the money to do so, and the good thing is when it comes to bitcoin investment all you need is just your discretionary income to start investing and accumulating, you must not buy all the coin, with just a discretionary income you can be able to invest in bitcoin for the long term goal of consistently or persistently accumulating and hodl, and build up your portfolio.

[arwin100]

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.

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

 Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

Knowing Bitcoin is ideal thing to do as investor since somehow we need to understand on how something works. But its wrong if they keep waiting for more learnings and monitoring because they are wasting lots of opportunities on that matter. Market is moving that's why each miss opportunity might cause something to them. That's why if they really aim to invest on Bitcoin then do it now and don't wait for someone or something that brings you confident to do it.

Everyone cannot be on same level and they should not think about other people portfolio. What they need to focus is to build their own portfolio then focus on their accumulation. There goals is more important rather than paying attention on other accumulation or other nonsense things out there.

[Loyang]

Fair enough, so many others have also been in this shoe, including myself when I first started. So the good thing is, bitcoin investment gives you the opportunity to learn and unlearn as you continue with your bitcoin accumulation and that’s why it’s been always emphasized that is better to get started first in accumulating bitcoin once you’re able to figure out your discretionary income than waiting to acquire all the knowledge, skills etc before investing. It’s practically impossible to time the market, you cannot tell or decide when is dip so that you will start accumulating bitcoin that time, so the best time to invest and accumulate bitcoin or purchase anything is when  you have the money to do so, and the good thing is when it comes to bitcoin investment all you need is just your discretionary income to start investing and accumulating, you must not buy all the coin, with just a discretionary income you can be able to invest in bitcoin for the long term goal of consistently or persistently accumulating and hodl, and build up your portfolio.

To start investing, a person needs basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income. Because if you only have a source of discretionary income, you will never be able to invest. Because you are not aware of investment, such as if you do not know where to invest, how to invest. If you do not have faith in the thing you are investing in, you will never be able to succeed in investing. In the first case, an investor can start investing if he has basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income.

After starting investing, an investor can learn everything gradually and gain experience. A person can never achieve complete knowledge, as time goes by, many new things come to the fore. If a person thinks that complete knowledge is required to invest, then this is not right at all

[Barikui1]

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

You are actually right bro, we don't have to know it all to start, but we have to start first, and along the line you will knows it all, either through experience or through people's experience and teachings, so anyone that has the intention of accumulating a very good stash of Bitcoin just have to start once he figures out his discretionary income, along the line he can work on ways to acquire more knowledge just as you have said already.

Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, starting.

You are right actually, as every fingers are not equal, so as our finance, and cutting your coat according to your size is the logical thing to do if you want to be successful in your Bitcoin investment.
Another problem is that most Bitcoin Investors invest some part or even all of their emergency funds thinking to replace it back once their paycheck comes, not knowing that it's a terrible decision making because if emergency situation struck that particular time, their Bitcoin investment is doomed, so investing what we can afford at the moment is the best possible way to go about your Bitcoin investment.

[Bd officer]

Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

absolutely true. it is just like you are about getting started in your investment and you are comparing yourself to people that have far more resource than you and can afford to invest like $500 per week and still do that consistently for years. trying to wait till you have reached that point before investing will lead to another way of wasting time because it might take too long a time and waisted effort before you get to that point......

Not everyone has the same ability. Not everyone can invest the same amount of money, so the focus cannot be on how many dollars others are investing. It is wise to always focus on your abilities. Yes, some people can invest $500 a week, while some people have a monthly income of $500. So if your income is $500 per month then it will not be possible for you to invest $500 per week. So everyone should try according to their ability. If you use more money than you can afford, you won't be able to hold on long term. So we have to consider all aspects and take decisions. We have to try to invest as much as possible and the plan has to be long term.

[summonerrk]

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.

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

 Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

You literally described my situation when I started accumulating Bitcoin.
My friends talked a lot about Bitcoin and its importance, and I shared their views, but I did not have the opportunity to invest. But I believed that in the future such an opportunity would come, you just need to be ready for that moment, having gained experience. And then I invested the little I had, focused on developing habits and discipline.
Yes, someone will say that it is stupid to take such small amounts seriously, but this is actually investing in your good qualities. And everything worked like clockwork.

Then I had the opportunity to invest, and I was ready. Therefore, it is important to believe in yourself and be firm in your views.

[ZeroVinsonN]

Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

absolutely true. it is just like you are about getting started in your investment and you are comparing yourself to people that have far more resource than you and can afford to invest like $500 per week and still do that consistently for years. trying to wait till you have reached that point before investing will lead to another way of wasting time because it might take too long a time and waisted effort before you get to that point......

Not everyone has the same ability. Not everyone can invest the same amount of money, so the focus cannot be on how many dollars others are investing. It is wise to always focus on your abilities. Yes, some people can invest $500 a week, while some people have a monthly income of $500. So if your income is $500 per month then it will not be possible for you to invest $500 per week. So everyone should try their best. If you use more money than you can afford, you won't be able to hold on long term. So we have to consider all aspects and take decisions. We have to try to invest as much as possible and the plan has to be long term.

They have always been different classes of people investing in bitcoin, and the amount of money they invest depends on what they have, their discretionary income, the discretionary income of someone can be the entire monthly income of another and this means that not everyone can invest with the same amount of money, so while the amount of money is important, what's more important is how consistent an investor can be, you can invest $100 every week for months, let's say 8 months and still be a better investor than someone who invested $500 every week for 1 month and then stopped because they could not be consistent in their investment.
Instead of bothering with how small our weekly investments are, we should be bothered with making sure we don't fall out of our investment plan, if you can raise your discretionary funds then you can raise your investment along with it, if your discretionary funds can't be raised but remains constant then so too should our investment, stopping to invest when you still have discretionary funds at hand will keep away from building an investment habit.

[Shadiq]

absolutely true. it is just like you are about getting started in your investment and you are comparing yourself to people that have far more resource than you and can afford to invest like $500 per week and still do that consistently for years. trying to wait till you have reached that point before investing will lead to another way of wasting time because it might take too long a time and waisted effort before you get to that point......

Not everyone has the same ability. Not everyone can invest the same amount of money, so the focus cannot be on how many dollars others are investing. It is wise to always focus on your abilities. Yes, some people can invest $500 a week, while some people have a monthly income of $500. So if your income is $500 per month then it will not be possible for you to invest $500 per week. So everyone should try according to their ability. If you use more money than you can afford, you won't be able to hold on long term. So we have to consider all aspects and take decisions. We have to try to invest as much as possible and the plan has to be long term.

I think it is important to be consistent in investing and to hold on for a long time rather than focusing too much on the amount of investment. Always invest wisely and focus more on consistency. If you try to invest more money and disrupt consistency, you may fall further behind and miss out on buying opportunities. So, decide the amount of investment based on your ability and decide the time of DCA based on your situation. Remember, consistency is more important than quantity to do something big. You may have heard the story of how an ocean is made from a drop of water. So ignore who is investing how much, focus on yourself and maintain consistency.

[Qhunman]

absolutely true. it is just like you are about getting started in your investment and you are comparing yourself to people that have far more resource than you and can afford to invest like $500 per week and still do that consistently for years. trying to wait till you have reached that point before investing will lead to another way of wasting time because it might take too long a time and waisted effort before you get to that point......

Not everyone has the same ability. Not everyone can invest the same amount of money, so the focus cannot be on how many dollars others are investing. It is wise to always focus on your abilities. Yes, some people can invest $500 a week, while some people have a monthly income of $500. So if your income is $500 per month then it will not be possible for you to invest $500 per week. So everyone should try according to their ability. If you use more money than you can afford, you won't be able to hold on long term. So we have to consider all aspects and take decisions. We have to try to invest as much as possible and the plan has to be long term.

I think it is important to be consistent in investing and to hold on for a long time rather than focusing too much on the amount of investment. Always invest wisely and focus more on consistency. If you try to invest more money and disrupt consistency, you may fall further behind and miss out on buying opportunities. So, decide the amount of investment based on your ability and decide the time of DCA based on your situation. Remember, consistency is more important than quantity to do something big. You may have heard the story of how an ocean is made from a drop of water. So ignore who is investing how much, focus on yourself and maintain consistency.

You're right consistent and persistent buying of bitcoin can keep us focused when accumulating bitcoin. Sizes of one discretional income doesn't matter so it's needless of One to start saving a particular amount of money before starting an investment in Bitcoin when what's is needed to start is having our discretional income available regardless of the amount. There's no way everyone discretional income can be the same and our speed of accumulating bitcoin cannot also be the Same. The points here is to continue buying and holding for the long term. If we can afford a discretional income regardless of the amount available to invest into Bitcoin weekly,consistently,persistently and to Hold for the long term and so far our Emergency funds and reserve funds are in place then whatever comes next is secondary.

[Bluedrem]

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

 Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

Most people make this mistake in investment. They are always scared before investing and cannot stick to a specific decision. They always think when should they invest? As the name suggests, now or when the price drops a little. Here too, most people make the same mistake. They wait to buy at DIP but they do not find the real DIP. For example, suppose a person in 2021 when the price of Bitcoin was at $60,000, he thought it was a high price for him. He kept waiting for DIP. Later, when the price of Bitcoin dropped to $15,000, he thought that this was not the lowest price of Bitcoin. It could go to DIP. He refrained from buying Bitcoin. Honestly, if we ask them today whether they have been able to invest in Bitcoin today, the probability of their answer is 90%. So, from 2021 to 2025, he has planned for four years but has not been able to invest in Bitcoin till date. One of the reasons is that he has found the right time to buy Bitcoin.
Yes, if a person wants to invest a large amount of Bitcoin at the same time with his previous saved money, then he can wait for a little DIP.
But for those who want to start new investments in Bitcoin and if the investment process is DCA, then I have been saying that you do not need to be Einstein about Bitcoin, you should start investing in Bitcoin as a person with common sense. Over time, Bitcoin will teach you what you should do now.
And if you want to start investing in Bitcoin after gaining more knowledge, then Princess Leah  is said in that case will only be a waste of your time and nothing else I also agree with him/her.

[Cipherpz]

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.

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

 Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

Consistency is more important than quantity. The sooner you start learning or investing, the sooner you will be prepared for the future. Over time, not only does Bitcoin accumulate, but it also advances learning and mental endurance. The real lesson in investing comes primarily through practice, starting small and learning step by step. Saving and investing is a long-term and consistent process — it requires patience and planning. Because consistent and informed decisions are the foundation of a stable investment strategy.

[Cointxz]

Consistency is more important than quantity. The sooner you start learning or investing, the sooner you will be prepared for the future. Over time, not only does Bitcoin accumulate, but it also advances learning and mental endurance. The real lesson in investing comes primarily through practice, starting small and learning step by step. Saving and investing is a long-term and consistent process — it requires patience and planning. Because consistent and informed decisions are the foundation of a stable investment strategy.

A very well advice. And you can only achieve consistency on investing if you will learn to become disciplined which is very hard to do in reality if the effect of price impact is already considered.

Investors often feel fear when the price is dropping while feel the urge to sell when the price is pumping.

This is the common dilemma on investing that’s why many failed to become consistent due to lack of discipline on buying and holding.

[SmartCharpa]

Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

You have a good point, and also the truth is that we have different financial problems, and not everyone can afford to invest $100 weekly like other investors. That is why it not advisable to wait before we have huge amount of money before we invest. in my opinion, it is better to start with what you can afford without affecting our other needs. Even if it's only $10, $20, or $30, starting with something small is more better than doing nothing and waiting for a right price to buy.

However, investing in Bitcoin, needs patience and efforts. Small investment today can also turn into something big over time. Instead of comparing yourself to people with more discretionary income, focus on what you have today and improve gradually. At least you started somewhere, which is better than sitting in one place and wait for the right time to invest.

[Ricardo11]

Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

You have a good point, and also the truth is that we have different financial problems, and not everyone can afford to invest $100 weekly like other investors. That is why it not advisable to wait before we have huge amount of money before we invest. in my opinion, it is better to start with what you can afford without affecting our other needs. Even if it's only $10, $20, or $30, starting with something small is more better than doing nothing and waiting for a right price to buy.

However, investing in Bitcoin, needs patience and efforts. Small investment today can also turn into something big over time. Instead of comparing yourself to people with more discretionary income, focus on what you have today and improve gradually. At least you started somewhere, which is better than sitting in one place and wait for the right time to invest.

It is important for an investor to have the right mindset first, there can be no reason that can delay your investment, in terms of delaying investment, the biggest excuse people give is their low income, which is not really a problem, Bitcoin investment or its long-term success, does not look at your income or the amount of your investment, whatever the investment amount, you hold it for the long term, only then can this small investment bring big success. But all in all, you may have various other excuses for which you may be delaying your investment, but the reality is that none of us cares about this, the only loss will be yours, because you will fall far behind in achieving its success. Those who hold patiently for the long term, they will definitely achieve success, and that time, you’ll have nothing to do, just regret after seeing it all.

[Cgrexp]

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.

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

 Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

Consistency is more important than quantity. The sooner you start learning or investing, the sooner you will be prepared for the future. Over time, not only does Bitcoin accumulate, but it also advances learning and mental endurance. The real lesson in investing comes primarily through practice, starting small and learning step by step. Saving and investing is a long-term and consistent process — it requires patience and planning. Because consistent and informed decisions are the foundation of a stable investment strategy.

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

[Derekfunds]

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.

Knowing about Bitcoin is good but waiting to know everything before starting is a waste of knowledge, an investor ought to put that little knowledge they've got about Bitcoin to practice and learn more from their experience, learning is something that remains constant and the more you practicalise on what you've learnt the more perfect you get, in the case of Bitcoin investment, when you start, the more buy and keep hodling the more you get to understand what it's all about.

 Also, everyone can't be on the same level financially, that's what some people don't understand, cause someone started with a $100 doesn't mean you must start with same amount whereas your discretionary doesn't permit you to, I guess that's another reason why some people keep waiting, Bitcoin investment is done according to one's discretionary and if yours can't allow you invest $100 weekly then starting with $20 or a little more is not a bad idea, it's better than waiting to get $100 before starting.

Consistency is more important than quantity. The sooner you start learning or investing, the sooner you will be prepared for the future. Over time, not only does Bitcoin accumulate, but it also advances learning and mental endurance. The real lesson in investing comes primarily through practice, starting small and learning step by step. Saving and investing is a long-term and consistent process — it requires patience and planning. Because consistent and informed decisions are the foundation of a stable investment strategy.

I totally agree with you, consistency is the master piece in Bitcoin investment, let say an Investor use to invest $400 in Bitcoin twice in a year and sometimes he use to invest only ones in a year and lets say another use to invest $50 weekly, you can agree with me that before 5-6 months time the investor using $50 every week will have gotten almost what the person using $400 to invest. So consistency is very important not just in Bitcoin but even in other businesses and consistency will help an investor to get some insight that will help them stay strong and grow.

[adultcrypto]

Regular investment of small amounts turns into big savings in the future. I agree with you that consistency is more important than quantity. In this case, investing small amounts regularly through DCA maintains our long-term mindset. It is a safe, effective and proven strategy for both new and experienced investors. Consistency and patience are the keys to success, not the amount of investment.

You guys are laying too much emphasis on investing small amount per time forgetting that there are different approach to bitcoin investment. If I have $10,000 as my discretionary income to invest in bitcoin in a time like now that the market is making some corrections, why should I stress myself investing $500 regularly when all the money is meant for investment and I have good buying opportunities? So long as you have discretionary income and have set up emergency funds, you can use any method to enter the market since the goal is to hold for a long time. I will even feel comfortable buying bitcoin anytime I have the opportunity to that I will not be tempted to use the money for something else.

I'm not saying that the DCA method is bad, but when you have the opportunity to buy the dip and the money is there,  an entry at discounted price is not a bad decision. You can even make such entry while still continuing your DCA method.