Buy Buy Buy or Sell Sell Sell?

[Grace333]

If you pour all your money into investing and are afraid of the ups and downs of Bitcoin, you will be in trouble.

Investing into Bitcoin with funds that are meant for your expenses or other necessities is a bad investment practice. It can further be described as being over aggressive in your investment and it can prove unsustainable for long, also it can lure the investor to tampering with his portfolio when the actual needs arise and sell at a time he didn't choose.

Bitcoin is best approached with discretionary income, in accurate cashflow management practice, you must first remove funds that are meant for your expenses before identifying that you've discretionary income and further splitting your discretionary income into funds for Bitcoin buying and others for building of backup funds.

This is very important for an investors for especially the newbies because I have seen some beggars rushing to buy Bitcoin when the price has drop now, which will make some people buy with daily expenses funds, Before investing in bitcoin, make sure you don’t too over aggressive in your investment that will affect your bitcoin journey, it is not advisable to use the funds that are meant for your expenses to invest in Bitcoin because in the process it will affect your investment by selling without not thinking about the price because you need the funds, investing in Bitcoin need a proper plan that will make you to buy your Bitcoin without not using your funds meant for daily expenses and hold your assets for a long time.

Those who rush to buy Bitcoin when the price drops are not buying it for the long term. They are not investors, they are traders, they are gamblers. Similarly, those who invest with the money they need for daily expenses are also basically using Bitcoin as a gambling . It is very important to have a proper plan to invest in Bitcoin. Let's say a person earns $2000 per month. From that, his basic expenses such as house rent, food, child and one and a half education, transportation and all related expenses total $1200. He will have the remaining $800 as discretionary income. From there, he can invest $400 in Bitcoin every month if he wants, deposit the remaining $200 to form an emergency fund and spend the remaining $200 as he wants. He can also spend the remaining $200 on entertainment, social service or improving his quality of life. If you continue to invest in this way, after your emergency fund reaches a minimum of $3600 for 3 months, you can use the extra $200 left to invest more aggressively or create a reserve fund. If someone invests in this way, they will be able to invest for a long time. And if anyone continue to invest in Bitcoin for a minimum of 4 to 10 years or more, then the possibility of getting several times more profit here than investing in any other sector in the future is much higher.

The way you broke it down with discretionary income, emergency funds, and daily expenses really makes sense. If someone follows a steady plan like that over time, even with small amounts, it can really add up because of how time and compounding work. It’s a simple, practical approach that makes Bitcoin investing a long term habit instead of a gamble, and it lets you benefit from its potential without putting your financial stability at risk.

The measures of your profit doesn't only depends on how long anyone holds but it is about the overall size of your Bitcoin portfolio and how long you have be able to hold that determines the value of your return, you don't only have to talk about duration or longevity of time you have held your Bitcoin and forget about the size your are holding, the two factors must work together when taking such consideration because there is a possibility of some one that has hold Bitcoin for short years to achieve the highest income from the bullish season probably based on the amount of Bitcoin the person hold, considering the compounding effects both in values not only in years.

Holding time alone doesn’t tell the full story. The size of your Bitcoin stack matters just as much. Someone could hold for just a few years but with a much bigger portfolio and still come out ahead in a bull run. It’s the combination of how long you hold and how much you hold that determines the real gains, especially when you factor in compounding and price growth over time.

Another thing we should always consider is consistency.....Regularly adding to your stack through DCA or other strategies can significantly increase your total holdings and smooth out the effect of market volatility. Timing matters less when you build steadily over time. Also, being disciplined about not selling during short term dips ensures you capture the full growth potential during bullish cycles. Essentially, it’s not just about patience, it’s about smart and steady accumulation that can multiply your returns over the long run.

Yeah you are right, because the way I see it, just saying I’ve been holding Bitcoin for years doesn’t really paint the full picture if the stack itself is too small to make a real difference. There are people who have been holding since 2018, but when you check, it is barely a few hundred or may be thousands dollars worth, and in reality the profit is nice but not life changing.   
Meanwhile, someone who entered just 3 or 4 years ago with a solid stack ends up way ahead of them. That is why I agree that size and time must go hand in hand, you can’t focus on only one and ignore the other. The smart play is to combine patience with consistent stacking, because that way even if you start small, over time your bag grows into something meaningful, and when the bull run comes, the rewards will actually feel worth the wait…

[Kagaru]

whenever am investing, my target is always for long term, so when am holding I do make use of a non custodial wallet, and I don’t use the wallet for any other thing. If am trading, I do make use of exchange, and immediately I know I won’t be trading for some time, I don’t always leave my money on exchange, I do make withdrawal immediately because I know my money is not safe on exchange. Also if am participating in all this airdrops, I do always have a separate wallet for that, because I know the risk involved in participating in airdrops, so I do make use of separate wallet for that.

You sound distracted.  Airdrops.  Who needs that?

I do agree with the idea of figuring out how to hold bitcoin privately (if you might be thinking that bitcoin might be relevant to discuss).  You did not even mention bitcoin in your post... yet anyhow an open source wallet is not bad to get to know, even though some guys might get started buying on an exchange first, and they might not know about wallets in the vary beginning, so they likely will have to learn about various wallets and perhaps make a choice in regards to which wallet to use.. .. regarding the various shitcoins.. that sounds distracting and perhaps better to discuss shitcoins in some other thread... even though there are some wallets that are bitcoin only and there are some other wallets that also include shitcoins, even though wallets might have more vulnerabilities if they are used for shitcoins, too.. .depending on which shitcoins..

I understand what you are saying as there are many people who spend money on buying Bitcoin on exchanges before they see what a decent wallet is. Keeping a long term wallet using a non custodial wallet is certainly the correct thing to do as you have complete control of it. With the frequency rate at which hacks and restrictions occur, it is never safe to leave money on exchanges. Regarding airdrops I believe they are also dangerous and can put wallets at risk of fraudulent tokens so carrying a special wallet specifically to use in this case is the only safe option in case one still decides to give it a go. By the end of the day you should still be talking about the Bitcoin and how to keep it safe using open source wallets and have independence.

[MusaPk]

The measures of your profit doesn't only depends on how long anyone holds but it is about the overall size of your Bitcoin portfolio and how long you have be able to hold that determines the value of your return, you don't only have to talk about duration or longevity of time you have held your Bitcoin and forget about the size your are holding, the two factors must work together when taking such consideration because there is a possibility of some one that has hold Bitcoin for short years to achieve the highest income from the bullish season probably based on the amount of Bitcoin the person hold, considering the compounding effects both in values not only in years.

If we have 0.5 Bitcoin and 1 Bitcoin that are bought on same date then 'percentage of profit' on both will be same if hodled for same duration. If you don't have huge money to invest in Bitcoin then don't get discourage rather keep investing whatever you have. Of course the one who has more money can go for more aggressive accumulation. In the end, percentage of profit will be same in both cases. It's important to understand that Bitcoin is for everyone not just for rich guys.

[Salahmu]

If we have 0.5 Bitcoin and 1 Bitcoin that are bought on same date then 'percentage of profit' on both will be same if hodled for same duration. If you don't have huge money to invest in Bitcoin then don't get discourage rather keep investing whatever you have. Of course the one who has more money can go for more aggressive accumulation. In the end, percentage of profit will be same in both cases. It's important to understand that Bitcoin is for everyone not just for rich guys.

Are you sure you have done this calculation well? Because I don't think it was calculated the way it was meant because there isn't how 0.5 and 1 Bitcoin will have an equal outcome of an investment because with Bitcoin moves and the one of 0.5 doubled to 1 Bitcoin the second amount of 1 Bitcoin will also double in price given 2 Bitcoin instead of the actual number it was meant to be so actually you can say that 0.5 of Bitcoin can be highly profitable in the future but doesn't mean it can be the same with the amount that's higher than that, actually a person shouldn't invest based on equality of profit with others but instead they should think on how they can grow there investment.

[Gallar]

The measures of your profit doesn't only depends on how long anyone holds but it is about the overall size of your Bitcoin portfolio and how long you have be able to hold that determines the value of your return, you don't only have to talk about duration or longevity of time you have held your Bitcoin and forget about the size your are holding, the two factors must work together when taking such consideration because there is a possibility of some one that has hold Bitcoin for short years to achieve the highest income from the bullish season probably based on the amount of Bitcoin the person hold, considering the compounding effects both in values not only in years.

If we have 0.5 Bitcoin and 1 Bitcoin that are bought on same date then 'percentage of profit' on both will be same if hodled for same duration. If you don't have huge money to invest in Bitcoin then don't get discourage rather keep investing whatever you have. Of course the one who has more money can go for more aggressive accumulation. In the end, percentage of profit will be same in both cases. It's important to understand that Bitcoin is for everyone not just for rich guys.

I agree if for example the duration of time we hold bitcoin and also the amount of bitcoin portfolio we have will definitely determine the benefits (large or small). Because basically those two things are indeed the main basis in terms of our overall profit calculator in bitcoin investment.

But I think there is nothing wrong if for example someone who does not have a lot of money uses a longer hodl method than bitcoin investors who have a lot of discretionary funds. Because in my opinion that method is also very effective to be applied for bitcoin investors who do have limited funds.

So in essence there is nothing wrong with us talking about the duration of bitcoin hodling. Because this is indeed one of the factors towards maximum success in investing in bitcoin. Because basically if we look at the nature of bitcoin or bitcoin habits. As we know the longer the price is getting more expensive. So with this, bitcoin investors who do not have large funds can hodl their bitcoin for a longer period of time to maximize profits.

[Spaceman1000$]

If you pour all your money into investing and are afraid of the ups and downs of Bitcoin, you will be in trouble.

Investing into Bitcoin with funds that are meant for your expenses or other necessities is a bad investment practice. It can further be described as being over aggressive in your investment and it can prove unsustainable for long, also it can lure the investor to tampering with his portfolio when the actual needs arise and sell at a time he didn't choose.

Bitcoin is best approached with discretionary income, in accurate cashflow management practice, you must first remove funds that are meant for your expenses before identifying that you've discretionary income and further splitting your discretionary income into funds for Bitcoin buying and others for building of backup funds.

This is very important for an investors for especially the newbies because I have seen some beggars rushing to buy Bitcoin when the price has drop now, which will make some people buy with daily expenses funds, Before investing in bitcoin, make sure you don’t too over aggressive in your investment that will affect your bitcoin journey, it is not advisable to use the funds that are meant for your expenses to invest in Bitcoin because in the process it will affect your investment by selling without not thinking about the price because you need the funds, investing in Bitcoin need a proper plan that will make you to buy your Bitcoin without not using your funds meant for daily expenses and hold your assets for a long time.

Those who rush to buy Bitcoin when the price drops are not buying it for the long term. They are not investors, they are traders, they are gamblers. Similarly, those who invest with the money they need for daily expenses are also basically using Bitcoin as a gambling . It is very important to have a proper plan to invest in Bitcoin. Let's say a person earns $2000 per month. From that, his basic expenses such as house rent, food, child and one and a half education, transportation and all related expenses total $1200. He will have the remaining $800 as discretionary income. From there, he can invest $400 in Bitcoin every month if he wants, deposit the remaining $200 to form an emergency fund and spend the remaining $200 as he wants. He can also spend the remaining $200 on entertainment, social service or improving his quality of life. If you continue to invest in this way, after your emergency fund reaches a minimum of $3600 for 3 months, you can use the extra $200 left to invest more aggressively or create a reserve fund. If someone invests in this way, they will be able to invest for a long time. And if anyone continue to invest in Bitcoin for a minimum of 4 to 10 years or more, then the possibility of getting several times more profit here than investing in any other sector in the future is much higher.

The way you broke it down with discretionary income, emergency funds, and daily expenses really makes sense. If someone follows a steady plan like that over time, even with small amounts, it can really add up because of how time and compounding work. It’s a simple, practical approach that makes Bitcoin investing a long term habit instead of a gamble, and it lets you benefit from its potential without putting your financial stability at risk.

The measures of your profit doesn't only depends on how long anyone holds but it is about the overall size of your Bitcoin portfolio and how long you have be able to hold that determines the value of your return, you don't only have to talk about duration or longevity of time you have held your Bitcoin and forget about the size your are holding, the two factors must work together when taking such consideration because there is a possibility of some one that has hold Bitcoin for short years to achieve the highest income from the bullish season probably based on the amount of Bitcoin the person hold, considering the compounding effects both in values not only in years.

Holding time alone doesn’t tell the full story. The size of your Bitcoin stack matters just as much. Someone could hold for just a few years but with a much bigger portfolio and still come out ahead in a bull run. It’s the combination of how long you hold and how much you hold that determines the real gains, especially when you factor in compounding and price growth over time.

Another thing we should always consider is consistency.....Regularly adding to your stack through DCA or other strategies can significantly increase your total holdings and smooth out the effect of market volatility. Timing matters less when you build steadily over time. Also, being disciplined about not selling during short term dips ensures you capture the full growth potential during bullish cycles. Essentially, it’s not just about patience, it’s about smart and steady accumulation that can multiply your returns over the long run.

Yeah you are right, because the way I see it, just saying I’ve been holding Bitcoin for years doesn’t really paint the full picture if the stack itself is too small to make a real difference. There are people who have been holding since 2018, but when you check, it is barely a few hundred or may be thousands dollars worth, and in reality the profit is nice but not life changing.  
Meanwhile, someone who entered just 3 or 4 years ago with a solid stack ends up way ahead of them. That is why I agree that size and time must go hand in hand, you can’t focus on only one and ignore the other. The smart play is to combine patience with consistent stacking, because that way even if you start small, over time your bag grows into something meaningful, and when the bull run comes, the rewards will actually feel worth the wait…

You wouldn't blame anybody for the stack they've had over the years, that's the amount of stack they've been able to afford over years while holding, don't forget that you have to accumulated within your financial muscle, regardless of the fact that the amount they've been holding over the years is not mouthwatering, trust me there has been some significant improvement in the profit margin if look at it critically. People financial background are not the same, you could start stacking within few years and boom your up there, that's because of the amount you've been alloting to your accumulation and how buoyant you are.
I believe people should be allowed to stack within their means, and if the opportunity comes for them to increase their lot size, trust me they will, without hesitation.

[9ja Amaka]

You wouldn't blame anybody for the stack they've had over the years, that's the amount of stack they've been able to afford over years while holding, don't forget that you have to accumulated within your financial muscle, regardless of the fact that the amount they've been holding over the years is not mouthwatering, trust me there has been some significant improvement in the profit margin if look at it critically. People financial background are not the same, you could start stacking within few years and boom your up there, that's because of the amount you've been alloting to your accumulation and how buoyant you are.
I believe people should be allowed to stack within their means, and if the opportunity comes for them to increase their lot size, trust me they will, without hesitation.

All hands are not equal. And honestly someone who have the most discretionary income may not be the one who have the most stash in his portfolio. The one with the lesser discretionary income may be more committed and discipline in his accumulation. When it comes to investment through DCA every little amount bought goes along way. Those little peanuts may grow to become a giant fruit one day and sure no matter the pressure from peer group, online or in this conversation is enough to push anyone to invest more than what they can afford.

[Stormisover]

The measures of your profit doesn't only depends on how long anyone holds but it is about the overall size of your Bitcoin portfolio and how long you have be able to hold that determines the value of your return, you don't only have to talk about duration or longevity of time you have held your Bitcoin and forget about the size your are holding, the two factors must work together when taking such consideration because there is a possibility of some one that has hold Bitcoin for short years to achieve the highest income from the bullish season probably based on the amount of Bitcoin the person hold, considering the compounding effects both in values not only in years.

If we have 0.5 Bitcoin and 1 Bitcoin that are bought on same date then 'percentage of profit' on both will be same if hodled for same duration. If you don't have huge money to invest in Bitcoin then don't get discourage rather keep investing whatever you have. Of course the one who has more money can go for more aggressive accumulation. In the end, percentage of profit will be same in both cases. It's important to understand that Bitcoin is for everyone not just for rich guys.

Even if the percentage profits is the same the one that has 1Bitcoin I mean the one that has the larger size of Bitcoin let's call it Mr B will stand a better chances with whole lot of flexibilities in taking profits and considering selling part of their Bitcoin which will not seriously affect their holding unlike the Mr A that has 0.5 Bitcoin, Bitcoin is not just for everyone but it is for anyone that has a discretionary income to invest, I have considered anyone buying Bitcoin to be a rich person because you were able to figure out a discretionary income which implies that basic needs are already been taken of, though being rich can be of different levels hahaha, meaning that financial strength are not equal.

[Sticky Bomb]

You wouldn't blame anybody for the stack they've had over the years, that's the amount of stack they've been able to afford over years while holding, don't forget that you have to accumulated within your financial muscle, regardless of the fact that the amount they've been holding over the years is not mouthwatering, trust me there has been some significant improvement in the profit margin if look at it critically. People financial background are not the same, you could start stacking within few years and boom your up there, that's because of the amount you've been alloting to your accumulation and how buoyant you are.
I believe people should be allowed to stack within their means, and if the opportunity comes for them to increase their lot size, trust me they will, without hesitation.

All hands are not equal. And honestly someone who have the most discretionary income may not be the one who have the most stash in his portfolio. The one with the lesser discretionary income may be more committed and discipline in his accumulation. When it comes to investment through DCA every little amount bought goes along way. Those little peanuts may grow to become a giant fruit one day and sure no matter the pressure from peer group, online or in this conversation is enough to push anyone to invest more than what they can afford.

I don't really think it works that way buddy, like there are people that has very large discretionary income and only one of their buys is equivalent to the lesser person's DCA for 10 years no matter how aggressive they end up becoming or sometimes the person with the lesser discretionary income may not even dream of attaining it in their life. Success is measured differently for many people and that is why you should be consistent in your smaller buys and achieve a sizable portfolio for yourself and that is success for you in your own little capacity.

Measuring with people that has a large discretionary income is not worth it since some rich dudes who are even whimpy can purchase up to 5 BTC or more at once since they are capable. That may not be success or seriousness at their level, but they surely have more quantities even if they buy only 4 times like that in 5 years compared to someone buying at the rate of $100 weekly for the last 5 years even with all their consistencies.

[Cold_Joker]

If we have 0.5 Bitcoin and 1 Bitcoin that are bought on same date then 'percentage of profit' on both will be same if hodled for same duration. If you don't have huge money to invest in Bitcoin then don't get discourage rather keep investing whatever you have. Of course the one who has more money can go for more aggressive accumulation. In the end, percentage of profit will be same in both cases. It's important to understand that Bitcoin is for everyone not just for rich guys.

Are you sure you have done this calculation well? Because I don't think it was calculated the way it was meant because there isn't how 0.5 and 1 Bitcoin will have an equal outcome of an investment because with Bitcoin moves and the one of 0.5 doubled to 1 Bitcoin the second amount of 1 Bitcoin will also double in price given 2 Bitcoin instead of the actual number it was meant to be so actually you can say that 0.5 of Bitcoin can be highly profitable in the future but doesn't mean it can be the same with the amount that's higher than that, actually a person shouldn't invest based on equality of profit with others but instead they should think on how they can grow there investment.

percentage is different from actual number. we can have the same profit percentage but because you invested more and i invested less our figures will be different and the one with the higer investement will gain more.
by the way comparism can will become a killer of joy. if i continue investing as little as $10-$15 a week after a long term will be something for me. it is about my investment not who can save one bitcoin.


- Coldjoker

[Obulis]

The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.

If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.

regrets after selling Bitcoin mostly happens because no one can perfectly predict the coin market.
Prices move up and down it's just based on supply demand and sentiment.if after buying,the price goes down immediately just wait untill it's goes up if you are not urgently in need of money at the time,you just can't predict this things.but it's always save to buy coins when the prices drop .

That is exactly why the DCA strategy is so often recommended coz it balances out your entry points, helps reduce stress emotionally, and builds discipline in your Bitcoin journey......... With DCA, investor wouldn't bother perfectly timing the market, because honestly nobody can...... Instead, they will just keep buying consistently with their discretionary income regardless of whether the price goes up or down.

For sure DCA strategy doesn't care about timing and that is a relief of some kind. Making sure that one keeps up with DCA is usually the focus not necessarily dwelling on timing the market. Even if the urge to time the market arises, it can be anything the same as waiting strategically for the dip. DCA equals relief with trust on Bitcoin despite its volatility..

[blackberrman]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

If you are new to Bitcoin investing, it is best to consider every market decline as your opportunity and invest in Bitcoin.  You use the DCA strategy to invest in Bitcoin because to invest in Bitcoin you have to believe in the long term and continue your investment consistently, because if you meet all the needs of the family from your source of income and create an emergency fund, on the other hand, if you stop it again, if you invest in Bitcoin with all your money thinking that Bitcoin is very profitable, in this case you can consider history because there were many in the past who, by believing in the long term, were able to increase their wealth several times in the present, but Bitcoin brings high profits in the long term, which we can never deny, because when you pour all your money into your investment, you will always be afraid and your own life may suffer a lot, in that case it is very important for you to always be aware, so if you continue your investment with the DCA strategy for weekly or monthly investments, let's say if you continue for 6-7 years, on the one hand you will see your investment transform into strength.  Your small steps will eventually add up to big ones, and that's when investing will have your back. If you're new, you should start from the present.

[HajiBagi]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

Every investor's goal should be a long-term investment, as an investor, having a short-term goal is not a good idea, it is not only traders that have a mindset of short-term investment, there are some people who invest in bitcoin they buy when the price drops and sell when they see the price rise a little higher than what they invest; I have seen many people buy bitcoin and sell in just a few months or a year when the price rises; those people always think that they are smart and with that they can be make quick profit from bitcoin.

Those with short-term investments did not trust bitcoin, and without trust, you cannot believe in what you are doing and succeed. The plan of buying bitcoin and selling when the price rises has affected many people because bitcoin is unpredictable, while they are waiting for the price to rise, the price may begin to fall and they start discouraging those who are investing in Bitcoin.

[Proty]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

If you wait for a fall, then you can miss a lot of buying opportunities. For example, whenever you see a fall, you will wait a little more for the fall to come down a little more and then buy, doing this, after a while you will not be able to buy at that time of fall. So it is never right to wait for a fall, you should always continue to buy continuously by adopting the DCA method.

People who are waiting for the price to drop before buying , what are they waiting for when they have the money? I don't see any reason why some people will chose to wait when they have the money to buy bitcoin. For me, individuals who always think about waiting for the price to drop and buying bitcoin did not have money to buy it. If you have money, you can buy bitcoin without thinking about the price, waiting for the price to fall does not imply that you are wiser or smarter than others; no one can predict the price of bitcoin, therefore it is best to buy when you have the money and without thinking about the price.

For me, there is nothing special about waiting for the price to drop because it is a waste of time for me and sometimes it leads to regret at the end if you didn't buy and the price keeps going up. If you have money to buy bitcoin, do not waste time thinking of waiting for the price to drop, you may be waiting for the price to drop and you won't be able to buy at the end, buy with the amount you can afford to buy and hold. Although you can buy when the opportunity come, buy it is not advisable for anyone to wait for the price to fall before buying bitcoin.

Yes as long as the needed discretionary income is there I don't really see the need for someone to be waiting for something that is purely beyond there control before they start up investing in bitcoin.
Not waiting for bitcoin to dip won't really affect us but not been able to start accumulating is something that is going to affect us as this will deter our opportunity of accumulating as much bitcoin as we can and there are so many other opportunities that we may end up missing.

[icebar]

For sure DCA strategy doesn't care about timing and that is a relief of some kind. Making sure that one keeps up with DCA is usually the focus not necessarily dwelling on timing the market. Even if the urge to time the market arises, it can be anything the same as waiting strategically for the dip. DCA equals relief with trust on Bitcoin despite its volatility..

Many people are afraid to buy Bitcoin during the ups and downs and DCA is a great strategy for those investors to accumulate Bitcoin. Those who are doing DCA with their discretionary income will definitely be able to profit in the long run even if they invest small amounts. If a person has sufficient discretionary income and if he does not invest in Bitcoin, then it is not possible for him to good return. But if someone invests a small amount by his discretionary income in Bitcoin, he can definitely acquire large assets according to his investment.

[Obulis]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

What most people usually miss it is not even buying at all , like not even starting at all . One can be both trader and an investor at same time just Aslong you know what you are doing and you have the right knowledge to avoid wasting valuable resources (your hard earn money ) .

Because there many successful traders at there who are also buying bitcoin for long term purposes . And same time using their trading profits to boost their investment and fuel their business to keep going smoothly ,but the reason is always advisable to focus on accumulating bitcoin rather trading is because trading seems to be more technical n complex compared to investing.

As in had i know, very painful something. Indecisiveness of many kind, that's why DCA that can buy any time is not only advisable to newbies but everyone.
Trading is more or less like a business that requires capital and daily energy that newbies don't have, while investing requires just  your capital and little or no energy.
People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

[Tonimez]

The measures of your profit doesn't only depends on how long anyone holds but it is about the overall size of your Bitcoin portfolio and how long you have be able to hold that determines the value of your return, you don't only have to talk about duration or longevity of time you have held your Bitcoin and forget about the size your are holding, the two factors must work together when taking such consideration because there is a possibility of some one that has hold Bitcoin for short years to achieve the highest income from the bullish season probably based on the amount of Bitcoin the person hold, considering the compounding effects both in values not only in years.

If we have 0.5 Bitcoin and 1 Bitcoin that are bought on same date then 'percentage of profit' on both will be same if hodled for same duration. If you don't have huge money to invest in Bitcoin then don't get discourage rather keep investing whatever you have. Of course the one who has more money can go for more aggressive accumulation. In the end, percentage of profit will be same in both cases. It's important to understand that Bitcoin is for everyone not just for rich guys.

I agree if for example the duration of time we hold bitcoin and also the amount of bitcoin portfolio we have will definitely determine the benefits (large or small). Because basically those two things are indeed the main basis in terms of our overall profit calculator in bitcoin investment.

But I think there is nothing wrong if for example someone who does not have a lot of money uses a longer hodl method than bitcoin investors who have a lot of discretionary funds. Because in my opinion that method is also very effective to be applied for bitcoin investors who do have limited funds.

So in essence there is nothing wrong with us talking about the duration of bitcoin hodling. Because this is indeed one of the factors towards maximum success in investing in bitcoin. Because basically if we look at the nature of bitcoin or bitcoin habits. As we know the longer the price is getting more expensive. So with this, bitcoin investors who do not have large funds can hodl their bitcoin for a longer period of time to maximize profits.

Holding bitcoin for a long-term should not be limited to low coiners as both the elite and the low income investors all have the same goal which is making the best out of bitcoin. Every bitcoin investor has equal opportunities and equal percentage possible profit at all time for all that bought at same period.

Holding your bitcoin for only 4 to 10 years is not good enough as it's also a short term investment. But whether you are a whale investor or a low coiner, holding for longer period of up to 4 Cycles would be more advisable. Even though nothing is very much assured when it comes to bitcoin investment, we only speculate because from past records, the longer bitcoin stays the higher the price.

What most people usually miss it is not even buying at all , like not even starting at all . One can be both trader and an investor at same time just Aslong you know what you are doing and you have the right knowledge to avoid wasting valuable resources (your hard earn money ) .

I doubt if this is a good idea, being an investor and also a bitcoin trader. This is a very risky take, a real bitcoin Trader would always want to play smart by also trading whatever coins is around. It could make a bitcoin investor to loose all his bitcoin assets. Market fluctuates and a bitcoin trader would never want to run a loss. This is why even after selling off your bitcoin, you may not be able to buy back and you would finally stay coinless or choose to buy at loss. To avoid unnecessary losses, it's better play safe with your bitcoin instead of investing with any money that is meant for emergency situation or over do your aggressive buys.

Because there many successful traders at there who are also buying bitcoin for long term purposes . And same time using their trading profits to boost their investment and fuel their business to keep going smoothly ,but the reason is always advisable to focus on accumulating bitcoin rather trading is because trading seems to be more technical n complex compared to investing.

That a person made one profitable sales of bitcoin in trading does not make it an all important game to play. You may win today, and loss tomorrow or something. If you must have to trade,  trade with only  what you can afford to loose because money made from trading can return back at anytime and if you fix a part of your bitcoin for long-term purposes, you would be shocked to discover that you have also gambled it off together with your trading bitcoin.

[sotelorene]

Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.

Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.

If you wait for a fall, then you can miss a lot of buying opportunities. For example, whenever you see a fall, you will wait a little more for the fall to come down a little more and then buy, doing this, after a while you will not be able to buy at that time of fall. So it is never right to wait for a fall, you should always continue to buy continuously by adopting the DCA method.

People who are waiting for the price to drop before buying , what are they waiting for when they have the money? I don't see any reason why some people will chose to wait when they have the money to buy bitcoin. For me, individuals who always think about waiting for the price to drop and buying bitcoin did not have money to buy it. If you have money, you can buy bitcoin without thinking about the price, waiting for the price to fall does not imply that you are wiser or smarter than others; no one can predict the price of bitcoin, therefore it is best to buy when you have the money and without thinking about the price.

For me, there is nothing special about waiting for the price to drop because it is a waste of time for me and sometimes it leads to regret at the end if you didn't buy and the price keeps going up. If you have money to buy bitcoin, do not waste time thinking of waiting for the price to drop, you may be waiting for the price to drop and you won't be able to buy at the end, buy with the amount you can afford to buy and hold. Although you can buy when the opportunity come, buy it is not advisable for anyone to wait for the price to fall before buying bitcoin.

Yes as long as the needed discretionary income is there I don't really see the need for someone to be waiting for something that is purely beyond there control before they start up investing in bitcoin.
Not waiting for bitcoin to dip won't really affect us but not been able to start accumulating is something that is going to affect us as this will deter our opportunity of accumulating as much bitcoin as we can and there are so many other opportunities that we may end up missing.

Waiting for Bitcoin to dip before investing is a wrong approach and mentality and there is  every tendency or possiblity that they might not even get to the point some folks will wish it to get to and if it doesn't there won't be opportunity for them to invest. As an investor or someone that wants to start investing in Bitcoin, it is not really necessary to start when the market is down since you are already investing to hold for long time and the DCA method is there to help one invest regardless of the market price.

[JayJuanGee]

[edited out]

Yeah you are right, because the way I see it, just saying I’ve been holding Bitcoin for years doesn’t really paint the full picture if the stack itself is too small to make a real difference. There are people who have been holding since 2018, but when you check, it is barely a few hundred or may be thousands dollars worth, and in reality the profit is nice but not life changing. 

Frequently, it is going to be better to attempt to compare folks in similar situations, such as comparing the whimpy investor to the more aggressive one and without changing too many variable.

Surely the guy who came to bitcoin earlier (such as even a whole cycle earlier) than someone else is going to have a lot of advantages to someone coming to bitcoin later.

Yet, the earlier entrant ONLY really gets the advantages in the event that he actually acted upon his early entrance by stacking bitcoin.

If he sat on his hands and merely invested $1k or less in bitcoin in mid-to-late 2018 (let's say that he bought around $1k worth at right around $6,200 - which would have had been right around 0.1613 BTC), then surely, he would have had advantage over the guy who come to bitcoin four years later in mid 2022.

Yet the guy in 2018 just sat on his hands and was whimpy and did not continue to buy bitcoin.  He remained nervous about bitcoin, even though he kept his $1k investment into it.

Let's say that the guy who came in 2022 decided to start out his investment with $3k invested over several weeks in early to mid 2022, so he started buying around upper $30ks and then the price dropped into the $20ks and into the lower prices, so he invested his initial $3k for around an average of $30k per coin.. So he got 0.1BTC for the first $3k that he invested into bitcoin, yet he did not lose conviction merely because the BTC price continued to drop in 2022 and stayed somewhat stagnant and uncertain in 2023.  

The late comer decided to continue to invest around $100 per week, since that was in his budget.. and perhaps even about 15% of his income... since he ONLY made around $34k per year..  So if he kept up with the $100 per week DCA, right now, he might have had invested right around $15k and had gotten about an additional 0.45 BTC.  So if we add up his initial investment and his DCA, he would hav have had invested a total of $18k, and he would have accumulate right around 0.55 BTC.  Which one would you rather be?  the one with $1k invested and 0.1613 BTC or the one who continued to invest with right around $18k invested and right around 0.55 BTC?

The late-comer would have had invested way more than the earlier comer (perhaps in the ballpark of 18x more than the earlier comer), yet the late comer who is ambitious, may well ended up catching up and surpassing the earlier comer in terms of quantity of bitcoin accumulated, with close to 3.5x more bitcoin and a persistence in accumulating and even continuing to accumulate.

After a few more years, the whimpy early comer may have no chance to catch the more aggressive late comer, since the early comer had ended up largely squandering his 4-ish year advantage.

Meanwhile, someone who entered just 3 or 4 years ago with a solid stack ends up way ahead of them. That is why I agree that size and time must go hand in hand, you can’t focus on only one and ignore the other. The smart play is to combine patience with consistent stacking, because that way even if you start small, over time your bag grows into something meaningful, and when the bull run comes, the rewards will actually feel worth the wait…

We have seen in bitcoin that even folks with fractions of the income of another person had ended up getting way ahead of the ones who had been either too whimpy or failed/refuse to take action in their stacking of bitcoin.

Even the guy who started stacking bitcoin in early to mid-2022, he might have gained even more conviction over his slightly less than 4 years stacking bitcoin, and he might consider that if he figures out some ways to increase his discretionary income, then he might b able to increase his weekly DCA to $200 per week and perhaps even throw in some bonus amounts in the coming years, and he may well have a goal to be able to start to draw upon his bitcoin in another 4-6 years with some thoughts that he might be able to get his stack up to 1.5 BTC or more in that amount of time if he continues to focus on BTC accumulation.

Yet can see from my latest fuck you status chart that even if he is ONLY able to get to 1 BTC by mid 2033, that might be enough or close to enough to be able to support his current income of $40k per year.

Of course, he does not necessarily need to increase his level of aggressiveness in accumulating bitcoin if he might be feeling that he is already sufficiently aggressive, yet the fact of the matter is that he likely realizes that even he had missed some opportunities in his level of bitcoin accumulation aggressiveness, and he had identified ways to increase his discretionary income.. with a tentative goal of continuing to accumulate another 4 years. .perhaps increase his level of aggressiveness and reassess the situation in a few years... in order to see if he might need 1.5 BTC or less in order to already be in a position that he can either replace his current income through BTC or that he might be close to being able to accomplish that with options concerning if he wants to continue to earn bitcoin or to potentially live off of his bitcoin.

[edited out]

You wouldn't blame anybody for the stack they've had over the years, that's the amount of stack they've been able to afford over years while holding, don't forget that you have to accumulated within your financial muscle, regardless of the fact that the amount they've been holding over the years is not mouthwatering, trust me there has been some significant improvement in the profit margin if look at it critically. People financial background are not the same, you could start stacking within few years and boom your up there, that's because of the amount you've been alloting to your accumulation and how buoyant you are.
I believe people should be allowed to stack within their means, and if the opportunity comes for them to increase their lot size, trust me they will, without hesitation.

In some sense you are correct Spaceman1000$ , yet I personally read Grace333's example to show that one person was being wimpy and the other person was being more aggressive.

Sure, sometimes the examples and the comparisons are not good enough to show similarly situated person and one chooses to invest into bitcoin aggressively and the other chooses to invest whimpily.  Those ar choices that each person is free to take, yet the results are going to be different too, even if they might have had started out from differing perspectives.

The other confusion that Grace333 provided was to describe someone coming into bitcoin earlier as compared with someone coming into bitcoin later, and so sometimes it can be difficult to compare folks across time, and many times we presume that in bitcoin those who come earlier are going to have advantages over those who come later, yet if the ones who came earlier had failed/refused to either act or to be sufficiently aggressive in their bitcoin accumulation, then they might have had squandered away their early entrant advantage by conducing themselves in an overly whimpy way of acting in regards to his bitcoin accumulation approach.

You wouldn't blame anybody for the stack they've had over the years, that's the amount of stack they've been able to afford over years while holding, don't forget that you have to accumulated within your financial muscle, regardless of the fact that the amount they've been holding over the years is not mouthwatering, trust me there has been some significant improvement in the profit margin if look at it critically. People financial background are not the same, you could start stacking within few years and boom your up there, that's because of the amount you've been alloting to your accumulation and how buoyant you are.
I believe people should be allowed to stack within their means, and if the opportunity comes for them to increase their lot size, trust me they will, without hesitation.

All hands are not equal. And honestly someone who have the most discretionary income may not be the one who have the most stash in his portfolio. The one with the lesser discretionary income may be more committed and discipline in his accumulation. When it comes to investment through DCA every little amount bought goes along way. Those little peanuts may grow to become a giant fruit one day and sure no matter the pressure from peer group, online or in this conversation is enough to push anyone to invest more than what they can afford.

Of course, each of us is responsible for our own level of aggressiveness, and we should not let pressure from online or groups affect our choices in that there is nothing wrong with being aggressive as long as we do not end up overdoing it.  If we overdo it, then we have to suffer the consequences, and it might be 10 years down the road that we realize that we cannot turn back the clock an hopefully we did what we were able to do without overdoing it and taking ourselves out of the game due to our own overly aggressive screw up(s).

[adultcrypto]

As in had i know, very painful something. Indecisiveness of many kind, that's why DCA that can buy any time is not only advisable to newbies but everyone.
Trading is more or less like a business that requires capital and daily energy that newbies don't have, while investing requires just  your capital and little or no energy.
People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

Since our discussion is centered on buying bitcoin and storing for the future, it will help us more if we don't subtly make trading an option especially when you said you can trade and the use your profit to buy bitcoin for holding. This can make someone who have some money to invest in bitcoin begin to imagine the idea of tripling the money via trading so he can start very big in buying bitcoin. You can only imagine the level of regrets such person will face if the money is lost to the market that can hardly be predicted with accuracy. Inasmuch as I know that trading is not bad for people that have the skill and discipline, it will be better we don't dwell in that discussion in a thread that is encouraging people to buy and hold.