Buy Buy Buy or Sell Sell Sell?

[Skydrill]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

[Gallar]

When advising someone concerning a good digital currency for investment it's best to advice the person to focus on the one that's more decentralized, Bitcoin is the best amongst all that suits that description, no other ones come close to it, even though some people do feel their are good alternatives for investment but none have been more secured like Bitcoin.

 Anyways Bitcoin investment is not for everyone it's for those who have hope in it and believe that If they can remain calm and patient while accumulating it continuesly they'll get better reward in the future, although some people still choose to risk on other coins asides Bitcoin but the best coin for investment is Bitcoin and no other.

You should never advise anyone to invest. Because if you tell your friend to invest in Bitcoin and if he invests in Bitcoin and after a few days the price of Bitcoin decreases, then he will get very scared and then that person may sell his holding. Then he will put the entire blame for this loss on you. Because you gave him advice.

This is exactly what happened to one of my friends: A friend of mine invested in Bitcoin. He told a friend in his office about his investment, will you do it? He asked his friend to invest directly without saying anything about the risk etc. A few days after investing, suddenly there was a fall in the market and when the new person saw that his investment was losing money, he sold his entire investment. The entire amount of money he had lost was completely blamed on my friend and he had to pay full compensation. So you should never advise anyone to invest. If a person comes to you to learn something about investing, you can tell him the basic knowledge about Bitcoin and show him some videos and say, "This will be useful for you."

There is nothing bad in it if you advise a brother to invest in bitcoin it is now their own choice to accept or not.
Before any advise you might told them how bitcoin investment works the nature of the market, the up and down of the price so they will not panic when such thing occur, that it is also a long term investment and when investing to invest using their discretionary income which is money they can afford to loss, they may not happy with you if you start benefiting from your bitcoin investment for not letting them know before now it is of a true that no time is late to start buying bitcoin but it will be better to be done now.

I think when it comes to investing, it's best to avoid encouraging or disclosing information, and the same applies to investing in Bitcoin. Being too aggressive in telling and persuading someone to invest in Bitcoin can backfire, which can be very dangerous. Because people who don't understand investing certainly don't understand the concept of investing.

Most laypeople simply think about how to get results without considering the process, and that's the danger. When told about price cycles and their potential, laypeople often don't immediately believe it. So, when they're invited to invest in Bitcoin and then there's a price correction, they'll panic. Therefore, in cases like this, it's best to avoid talking too much about Bitcoin investment to laypeople, unless they themselves ask for information.

In that case, I don't think there's anything wrong with informing them, but with the proviso that we don't offer advice that could be considered an invitation to invest. Because, of course, if we do that, when a bad situation arises, we'll be the ones who suffer the consequences. So we just need to tell them about bitcoin, and let them make the rest of the decision themselves.

[Loyang]

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.

You need to understand that investing is long term like 5 to 10 years. What you are talking about is trading or business. You need to understand the difference between trading and long term investing:

Trading

*Trading is short term
*The risk of losing your money in trading is very high
*The trading period is 1 minute or 1 hour like this
*etc

Long term investing

*The period of long term investment is 5 to 10 years
*The risk is much less in long term investing
*The chances of losing your money in long term investing are very low
*etc

Always keep your long term investment in mind. If you keep your long term investment in mind, it will be much better for you and your financial situation. If you keep your short term investment in mind, then your chances of losing money are much higher. Never think about short-term investments.

[ChocolateBitcoinK]

When advising someone concerning a good digital currency for investment it's best to advice the person to focus on the one that's more decentralized, Bitcoin is the best amongst all that suits that description, no other ones come close to it, even though some people do feel their are good alternatives for investment but none have been more secured like Bitcoin.

 Anyways Bitcoin investment is not for everyone it's for those who have hope in it and believe that If they can remain calm and patient while accumulating it continuesly they'll get better reward in the future, although some people still choose to risk on other coins asides Bitcoin but the best coin for investment is Bitcoin and no other.

You should never advise anyone to invest. Because if you tell your friend to invest in Bitcoin and if he invests in Bitcoin and after a few days the price of Bitcoin decreases, then he will get very scared and then that person may sell his holding. Then he will put the entire blame for this loss on you. Because you gave him advice.

This is exactly what happened to one of my friends: A friend of mine invested in Bitcoin. He told a friend in his office about his investment, will you do it? He asked his friend to invest directly without saying anything about the risk etc. A few days after investing, suddenly there was a fall in the market and when the new person saw that his investment was losing money, he sold his entire investment. The entire amount of money he had lost was completely blamed on my friend and he had to pay full compensation. So you should never advise anyone to invest. If a person comes to you to learn something about investing, you can tell him the basic knowledge about Bitcoin and show him some videos and say, "This will be useful for you."

There is nothing bad in it if you advise a brother to invest in bitcoin it is now their own choice to accept or not.
Before any advise you might told them how bitcoin investment works the nature of the market, the up and down of the price so they will not panic when such thing occur, that it is also a long term investment and when investing to invest using their discretionary income which is money they can afford to loss, they may not happy with you if you start benefiting from your bitcoin investment for not letting them know before now it is of a true that no time is late to start buying bitcoin but it will be better to be done now.

Yes, if you want to introduce someone to Bitcoin, then you should only advise them, do not force them to invest, and do not only tell them the positive aspects, but tell them all the things, that is, so that someone does not invest by knowing only the positive aspects, but after knowing about the risks and accepting all the things, they invest at their own risk. If you only tempt someone to invest by telling them the positive aspects, then ultimately you are forcing them to invest. Which should never be done. An investment should always be made according to one's ability and from additional income, but if someone invests without fully knowing the things, then he will never be able to maintain his investment properly. Therefore, when giving advice to someone, one must clearly explain all the issues. Only if the investor is able to take this risk and can do everything correctly, should he invest. And one must understand that even if he does everything correctly, he will never be guaranteed success, he will only be able to achieve a good chance of success. Therefore, one must acquire the right knowledge and then decide to invest.

[Nightwatchmare]

When advising someone concerning a good digital currency for investment it's best to advice the person to focus on the one that's more decentralized, Bitcoin is the best amongst all that suits that description, no other ones come close to it, even though some people do feel their are good alternatives for investment but none have been more secured like Bitcoin.

 Anyways Bitcoin investment is not for everyone it's for those who have hope in it and believe that If they can remain calm and patient while accumulating it continuesly they'll get better reward in the future, although some people still choose to risk on other coins asides Bitcoin but the best coin for investment is Bitcoin and no other.

You should never advise anyone to invest. Because if you tell your friend to invest in Bitcoin and if he invests in Bitcoin and after a few days the price of Bitcoin decreases, then he will get very scared and then that person may sell his holding. Then he will put the entire blame for this loss on you. Because you gave him advice.

This is exactly what happened to one of my friends: A friend of mine invested in Bitcoin. He told a friend in his office about his investment, will you do it? He asked his friend to invest directly without saying anything about the risk etc. A few days after investing, suddenly there was a fall in the market and when the new person saw that his investment was losing money, he sold his entire investment. The entire amount of money he had lost was completely blamed on my friend and he had to pay full compensation. So you should never advise anyone to invest. If a person comes to you to learn something about investing, you can tell him the basic knowledge about Bitcoin and show him some videos and say, "This will be useful for you."

It is only when you tell your friend the sweet part of Bitcoin investment you will take all the blame if your friend lose his money in Bitcoin investment because you made your friend believe Bitcoin is a quick to get rich scheme, and it can make your friend to use the money meant for his/her expenses to invest in Bitcoin. If you must tell your friend about Bitcoin, make sure you tell your friend the good and the bad parts of Bitcoin investment so that he/she will be fully aware that Bitcoin investment is a long term investment and he/she needs to use his/her discretionary income to invest in Bitcoin, and it will help to eliminate any blame that may arise in the future.

[Futurexxx]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

Com'on man, who says it doesn't matter, it really does matters, those that bought and accumulate a huge chunk of Bitcoin earlier when it was way more cheaper, are you going to compare them with you that is just starting? No.
In Bitcoin investment, the earlier you buy the better, that's why waiting for the dip or wasting your time by f**king around with shit coin is a complete wrong an aimless approach when investing in Bitcoin or thinking of investing in it, so just act and start accumulating it once your discretionary income is available, their is no time to waste because time is very important.

As for the part of selling, you don't think about that when you are still in your accumulation journey, it's when you have gotten to the end of your Bitcoin accumulation journey or over accumulation status that you will start thinking of taking profit, not now that you haven't gotten anywhere in your accumulation.

[Umulala-alala]

When advising someone concerning a good digital currency for investment it's best to advice the person to focus on the one that's more decentralized, Bitcoin is the best amongst all that suits that description, no other ones come close to it, even though some people do feel their are good alternatives for investment but none have been more secured like Bitcoin.

 Anyways Bitcoin investment is not for everyone it's for those who have hope in it and believe that If they can remain calm and patient while accumulating it continuesly they'll get better reward in the future, although some people still choose to risk on other coins asides Bitcoin but the best coin for investment is Bitcoin and no other.

You should never advise anyone to invest. Because if you tell your friend to invest in Bitcoin and if he invests in Bitcoin and after a few days the price of Bitcoin decreases, then he will get very scared and then that person may sell his holding. Then he will put the entire blame for this loss on you. Because you gave him advice.

This is exactly what happened to one of my friends: A friend of mine invested in Bitcoin. He told a friend in his office about his investment, will you do it? He asked his friend to invest directly without saying anything about the risk etc. A few days after investing, suddenly there was a fall in the market and when the new person saw that his investment was losing money, he sold his entire investment. The entire amount of money he had lost was completely blamed on my friend and he had to pay full compensation. So you should never advise anyone to invest. If a person comes to you to learn something about investing, you can tell him the basic knowledge about Bitcoin and show him some videos and say, "This will be useful for you."

There is nothing bad in it if you advise a brother to invest in bitcoin it is now their own choice to accept or not.
Before any advise you might told them how bitcoin investment works the nature of the market, the up and down of the price so they will not panic when such thing occur, that it is also a long term investment and when investing to invest using their discretionary income which is money they can afford to loss, they may not happy with you if you start benefiting from your bitcoin investment for not letting them know before now it is of a true that no time is late to start buying bitcoin but it will be better to be done now.

I think when it comes to investing, it's best to avoid encouraging or disclosing information, and the same applies to investing in Bitcoin. Being too aggressive in telling and persuading someone to invest in Bitcoin can backfire, which can be very dangerous. Because people who don't understand investing certainly don't understand the concept of investing.

Most laypeople simply think about how to get results without considering the process, and that's the danger. When told about price cycles and their potential, laypeople often don't immediately believe it. So, when they're invited to invest in Bitcoin and then there's a price correction, they'll panic. Therefore, in cases like this, it's best to avoid talking too much about Bitcoin investment to laypeople, unless they themselves ask for information.

In that case, I don't think there's anything wrong with informing them, but with the proviso that we don't offer advice that could be considered an invitation to invest. Because, of course, if we do that, when a bad situation arises, we'll be the ones who suffer the consequences. So we just need to tell them about bitcoin, and let them make the rest of the decision themselves.

There is nothing wrong if i give a brother of mine an information regarding to bitcoin i don't mean anybody i see on the road i started telling them about bitcoin investment it seems may be you do not carefully read my post, if you have forgotten i also made mention of telling them how bitcoin works and the risk involved and about the nature of bitcoin how it price moves up and down and to only invest with their discretionary income it's not that am forcing them to invest into bitcoin it is there choice to accept to start buying bitcoin or not.

[SPIDERMAN008]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

I don't think the mentality of selling Bitcoin after the price increases has anything to do with long-term investment. Because the price of Bitcoin can increase a lot even within 1 year. This does not mean that you have to sell Bitcoin if the price increases within 1 year. This can never be a long-term investment strategy. The price of Bitcoin fluctuates a lot, but after a long time, its price becomes several times higher. That time should be 4 to 10 years or more. As a result, real profits can be made by investing in Bitcoin. Therefore, it is necessary to get out of this mentality of selling only when the price increases and follow the complementary approach that should be adopted to continue investing effectively for 4 to 10 years.

[SmartCharpa]

I agree with you, many new investors think that the price will drop a little or first create a large fund and then invest, but the reality is that no one can predict the future price of Bitcoin because determining the price of Bitcoin is a challenge, Bitcoin which can either increase or decrease in price tomorrow, on the other hand, if you always wait for the perfect time to invest in Bitcoin, then you may miss the opportunity to have it in your hands, so instead of waiting for the perfect time, it is the right decision to start as much as possible or according to your ability today, so you can use the DCA strategy because it is very good for you, on the other hand, in the long run you may face various obstacles, sometimes even if the price of Bitcoin decreases, you cannot be disappointed and you cannot be greedy if the price increases because you have to be ready to ignore them.

The problem with many new investors is that they hear stories of how Bitcoin has helped others grow financially, yet they are too afraid to take the risk and join the journey. Those who are currently holding huge amounts of Bitcoin would not be in that position today if they had focused too much on the price changes over the past years. But they ignored the negative noise and took advantage of the opportunities that was available that time.

Every serious Bitcoin investor starts with a plan from the beginning of their journey. For example, some may plan to keep buying Bitcoin constantly for four years to build up their holdings. Maybe after, once they enjoy the benefits of investing, they continue beyond their main target because the market has performed even better than expected. This shows that worrying too much about short-term market changes will only stop you from buying and cause you to miss out on opportunities in the long run.

[Stable090]

It is only when you tell your friend the sweet part of Bitcoin investment you will take all the blame if your friend lose his money in Bitcoin investment because you made your friend believe Bitcoin is a quick to get rich scheme, and it can make your friend to use the money meant for his/her expenses to invest in Bitcoin.

If you are introducing anyone to bitcoin investment, then you have to be real to them, don’t over hype bitcoin to them, let’s them know everything they are suppose to know about bitcoin, both the positive aspects of bitcoin, and the negative aspects, you should allow them understand what bitcoin is really all about and it’s left for them to choose to invest in bitcoin or not.

We should allow people know that bitcoin is not a get rich quick scheme, so that when they join, they won’t be expecting to be reach overnight. You should let them know bitcoin investment comes with risk also, you should let them know the risk involved in it, any investment that doesn’t have risk is likely going to be a scam investment. Also you should tell them positive things about bitcoin also.

When am introducing anyone to bitcoin investment, I do talk about how they can make money, but I do focus on how they can lose, and the risk involved in it, they should be prepared for that, so at the end if anything happens, and they end up losing, they won’t really be blaming me for that.

[Jostern]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

I think Everytime you choose to start your investment is quite different from when you’ve gotten to your level of over accumulation, whenever you want to buy bitcoin is always okay considering that you can always accumulate with DCA comfortably, everytime presents it’s opportunity in a different way that we can always think of buying more and accumulate more with a different approach of our cash flow and discretionary amount that we have available.

When I have gotten to my over accumulation and probably I must have been holding for two circle or one circle minimum, because there are people who even holding for one circle they still end up not stacking enough bitcoin into their portfolio and they will tend to have a different choice of holding for another circle and if you have this approach I think their is every tendency that before we get to 2 circle we must have had enough profit in our bitcoin portfolio that we wouldn’t have to worry about whatever the situation of market might be, there is difference between holding for a short term and holding for a longer term, and that is consistency and patience.

[HausaBitCkk]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

I don't think the mentality of selling Bitcoin after the price increases has anything to do with long-term investment. Because the price of Bitcoin can increase a lot even within 1 year. This does not mean that you have to sell Bitcoin if the price increases within 1 year. This can never be a long-term investment strategy. The price of Bitcoin fluctuates a lot, but after a long time, its price becomes several times higher. That time should be 4 to 10 years or more. As a result, real profits can be made by investing in Bitcoin. Therefore, it is necessary to get out of this mentality of selling only when the price increases and follow the complementary approach that should be adopted to continue investing effectively for 4 to 10 years.

It is true that the price of Bitcoin may be higher than we fear, but if you prepare yourself now and be aware now, in this case none of us can say for sure what the price of Bitcoin will be tomorrow, so it can also be said that the price of Bitcoin in the future may be much higher than today, in which case you need to be patient and stick to the long-term path for investment, and if you really come up with a short-term plan, then this is a big wrong decision, because by doing this you may be afraid of the short-term price fluctuations of Bitcoin and you need to understand that this is the natural nature of Bitcoin, but experienced investors are familiar with it, so it will be useful for new investors to move forward with long-term goals.

[0xSlayers]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

It's actually not about when to buy or when to sell it about why you buy it. If your main goal to make money only I suggest you avoid BTC now. buy if your main goal is to secure your fund then you are welcome.

When i first brought Bitcoin i didn't think about investment instead I was thinking "After all the hard work, I finally own a piece of Bitcoin." From the very beginning when i start earning I was thinking of a way to secure my fund that will not be control by third party. And thats how i come to know about bitcoin. Now maximum people buy btc for gaining profit some win, some lose But those who truly understand Bitcoin neither win nor lose, they simply achieve freedom.

Insted of buy and hold btc for 2 or 5 year I suggest people buy btc for financial freedom.

[Ruttoshi]

When I have gotten to my over accumulation and probably I must have been holding for two circle or one circle minimum, because there are people who even holding for one circle they still end up not stacking enough bitcoin into their portfolio and they will tend to have a different choice of holding for another circle and if you have this approach I think their is every tendency that before we get to 2 circle we must have had enough profit in our bitcoin portfolio that we wouldn’t have to worry about whatever the situation of market might be, there is difference between holding for a short term and holding for a longer term, and that is consistency and patience.

Even after stacking for two circles there is no guarantee that your profit will be huge because it all depends on how much that you are using to DCA and how aggressive you were during this two circles of your bitcoin accumulation and if you front load your bitcoin. I wouldn't stop at two circles but I will rather continue accumulating bitcoin until I reach my bitcoin target because that is where my focus is on. I don't use number of years to time when I will stop accumulating bitcoin but my bitcoin target because that's when I can tell if I have will move on to over accumulation phase.

Secondly, you don't sell all your bitcoin portfolio because you have achieved your goal if not you will regret of selling too many bitcoin too soon since you will be back to a low coiner and regret your actions. This is why you need to use a sustainable withdrawal strategy that will enable you only tap little from your bitcoin portfolio once in a while and it wouldn't affect your bitcoin investment because your portfolio keeps on compounding in profits.

[EL MOHA]

Even after stacking for two circles there is no guarantee that your profit will be huge because it all depends on how much that you are using to DCA and how aggressive you were during this two circles of your bitcoin accumulation and if you front load your bitcoin. I wouldn't stop at two circles but I will rather continue accumulating bitcoin until I reach my bitcoin target because that is where my focus is on. I don't use number of years to time when I will stop accumulating bitcoin but my bitcoin target because that's when I can tell if I have will move on to over accumulation phase.

I think this should be the basis at which people honestly need to work on, do not set timely basis on bitcoin for either to accumulate bitcoin or take profit from it, rather it should be base on the target, if the target is 1 bitcoin as a whole portfolio, it should be followed gradually, it can take up two cycles or more or even less depending on your income or accumulating load, if you set a time factor like 2 cycles and this target isn’t reached does this means one has to stop? I don’t think so.

For me the target should be base on the amount of bitcoin you want and not time and then you move to over accumulation period and if possible add little by little if you choose, for profit taking it is no brainer that selling all is like handing over your bitcoin again to inflationary currency and also profit should be target price and not time

[abaeze]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

You should buy when the price drops and you cannot buy when the price increases. This is a wrong method because you may think that now the price has dropped, now is the time to buy, but it turns out that when you buy thinking the price is low, after a while the price has dropped even more, then you will be disappointed. Therefore, no one can accurately say when the price will drop, so do not be too afraid of the price drop or increase, but invest a certain amount of money regularly every week or month, no matter how much the price rises or falls. DCA (Dollar Cost Averaging) solves this problem. In this way, you can buy assets at an average price.

Suppose, you DCA an amount of $100 in Bitcoin every month. If the price drops, you will get more Bitcoin for that $100. If the price increases, you will get less Bitcoin for the same amount. In this way, your average price in the long-term will come close to the average market price. The possibility of profiting in the long term is high. History says that Bitcoin is a strong asset with an upward trend in the long term, so if you only want to buy when the price drops, you may miss the opportunity.  Because sometimes the price may not fall as much as before. By doing DCA, you will deposit regularly without worrying about price fluctuations. In short, this mindset of "buy if the price falls, don't buy if it rises" will put you in the trap of market timing. DCA strategy will make you a disciplined investor without depending on the ups and downs of the market.

[icebar]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

I don't think the mentality of selling Bitcoin after the price increases has anything to do with long-term investment. Because the price of Bitcoin can increase a lot even within 1 year. This does not mean that you have to sell Bitcoin if the price increases within 1 year. This can never be a long-term investment strategy. The price of Bitcoin fluctuates a lot, but after a long time, its price becomes several times higher. That time should be 4 to 10 years or more. As a result, real profits can be made by investing in Bitcoin. Therefore, it is necessary to get out of this mentality of selling only when the price increases and follow the complementary approach that should be adopted to continue investing effectively for 4 to 10 years.

If you decide to sell after buying Bitcoin and get a slight price increase, you will never be a holder and this kind of behavior definitely refers to short-term trading, which is definitely one of the reasons for the loss of Bitcoin. If you are a short-term trader, you will lose and if you are a long-term investor, especially if you can hold your coins for 4-10 years, then the chances of profit will be much higher. Bitcoin can never guarantee profit, but if someone can hold it and accumulate regularly, it is possible to get several times the return on investment. The current price of bitcoin 110000 but it is still good time to invest in Bitcoin, only long-term holding should be given importance.

[ruykeri]

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.

for me the time you buy doesn't really matters but when you sell, if you have a plan of selling when the value is higher then no matter what you spent during your purchase you are sure of making some profit because you already have a plan and you are committed to this plan not minding what the prevailing circumstances are, and then when it is convenient for you then you carryout your transactions, perhaps this is where the long term approach comes in.

It's actually not about when to buy or when to sell it about why you buy it. If your main goal to make money only I suggest you avoid BTC now. buy if your main goal is to secure your fund then you are welcome.

When i first brought Bitcoin i didn't think about investment instead I was thinking "After all the hard work, I finally own a piece of Bitcoin." From the very beginning when i start earning I was thinking of a way to secure my fund that will not be control by third party. And thats how i come to know about bitcoin. Now maximum people buy btc for gaining profit some win, some lose But those who truly understand Bitcoin neither win nor lose, they simply achieve freedom.

Insted of buy and hold btc for 2 or 5 year I suggest people buy btc for financial freedom.

Your words have nothing to do with reality. In real life, such a mind-boggling imagination does not work. Bitcoin is decentralized and there is no third party interference. This is the feature of Bitcoin. Due to which the popularity of Bitcoin has increased, but these are not the purpose of Bitcoin. All those who invest in Bitcoin invest for profit. You bought Bitcoin to protect your wealth. If you wanted, you could have bought gold and kept it safe, and no one would have interfered there. Everyone else could have done this, who wants freedom of their own wealth like you. But why do they invest in Bitcoin? Because if you invest in Bitcoin properly for a long time, you will get more profit than any other type of investment. We can see this from past statistics.

Bitcoin is a means of security for a person and his family in the future. If anyone follow DCA and invest regularly with discretionary income, and can continue to invest. If that time lasts more than 4 to 10 years, then his deposited Bitcoins will become a very big asset in the future. So Bitcoin does not just give freedom. Bitcoin gives people security for their future.
If you look at the information below, you can see that Bitcoin is much more profitable than any other type of investment. Where once the whole world depended on gold, even today many people convert their wealth into gold. Those who have held Bitcoin for a long time have given many times more profit than gold.

https://curvo.eu/backtest/en/compare-indexes/bitcoin-vs-gold-bullion?currency=eur

[Rhow]

If you decide to sell after buying Bitcoin and get a slight price increase, you will never be a holder and this kind of behavior definitely refers to short-term trading, which is definitely one of the reasons for the loss of Bitcoin. If you are a short-term trader, you will lose and if you are a long-term investor, especially if you can hold your coins for 4-10 years, then the chances of profit will be much higher. Bitcoin can never guarantee profit, but if someone can hold it and accumulate regularly, it is possible to get several times the return on investment. The current price of bitcoin 110000 but it is still good time to invest in Bitcoin, only long-term holding should be given importance.

Even if the price of Bitcoin increases further, it will be a very good investment opportunity.

Those who invest in Bitcoin for the long term never worry about the price. Short-term investors and traders are the ones who worry about the price of Bitcoin. When the price drops, they try to buy and sell at a higher price, but they lose money again and again. Because no one knows when the price of Bitcoin will increase or decrease. Short-term investors invest aggressively. They do not have any funds to meet their daily needs. As a result, they sell Bitcoin at a loss.

They repeatedly suffer big losses in the hope of small profits.

[JayJuanGee]

I agree with you, it’s not a must to have an emergency fund before starting an investment. That’s where many people get it wrong. They assume that because Bitcoin is always changing in price, they must first have an emergency fund before beginning their journey. But it doesn’t really work that way, what is more important is having discretionary income, so we can keep investing regularly. If we wait until everything is perfect, we may end up buying at an even higher price.

It’s not about starting perfectly, it’s about starting somewhere, from there we can gradually build an emergency fund while still accumulating Bitcoin. If we overthink the price and delay because we want backup funds first, we might miss opportunities. Nobody knows whether the price will dip or rise tomorrow, so the best method is to start with what we can and grow gradually as you’re investing.

The money we earn on a daily, weekly or monthly basis is stable income.

Why are you assuming that everyone makes a stable income?  Some people make a stable income and some do not.

Sure it is better to have a stable income rather than not having one... but a stable income is not necessary in order to be able to invest in bitcoin.

The money that is left after meeting our basic or urgent needs such as food, clothing, housing, education, medical expenses from stable income is discretionary income. From this discretionary income, we build investments, emergency funds and savings.

We also consume with our discretionary income... We can choose to consume right away or we can delay our consumption by investing and/or saving.

So discretionary income is part of stable income.

No it is not, since you do not have to have stable income order to have discretionary income.

In order to have discretionary income, all that you need is income that goes beyond your expenses. which is like saying that you have extra money and you can do whatever you like with it... and some people choose to be more responsible with their money and others decide to spend it as fast as they get it.    Part of the definition of discretionary is that you have a choice regarding how to spend that money, and you do not need it for expenses.

Sure, if you income is not stable and you are not sure whether you have further income coming in, or you are not sure about your expenses, then you could mistakenly conclude that you have more discretionary income than you do, and you might end up spending money that you had needed for your expenses.

If I want to invest, I have to have a stable income system from which I can earn money on a regular weekly or monthly basis.

No you don't.  If you want to invest in bitcoin all you need is to have income that is greater than your expenses.  Now if you want to continue to buy beyond the first purchase and/or you want to hang onto your bitcoin and not end up spending it to cover your future expenses, then you have to have enough income or savings to be able to pay for your future expenses.

Keep in mind there is one point in time in which anyone might buy bitcoin and expect to be able to continue to hold the bitcoin and to buy more bitcoin in the future, yet the future is not completely known.  Each of us might strive to keep our job or we might strive to control our expenses and/or to otherwise manage our cashflow with back up funds, but if we end up having future expenses that are greater than our income and we deplete our various forms of savings and/or back up funds, we may well end up having to spend our bitcoin at a time that is not completely of our own choosing.

When I have gotten to my over accumulation and probably I must have been holding for two circle or one circle minimum, because there are people who even holding for one circle they still end up not stacking enough bitcoin into their portfolio and they will tend to have a different choice of holding for another circle and if you have this approach I think their is every tendency that before we get to 2 circle we must have had enough profit in our bitcoin portfolio that we wouldn’t have to worry about whatever the situation of market might be, there is difference between holding for a short term and holding for a longer term, and that is consistency and patience.

Even after stacking for two circles there is no guarantee that your profit will be huge because it all depends on how much that you are using to DCA and how aggressive you were during this two circles of your bitcoin accumulation and if you front load your bitcoin. I wouldn't stop at two circles but I will rather continue accumulating bitcoin until I reach my bitcoin target because that is where my focus is on. I don't use number of years to time when I will stop accumulating bitcoin but my bitcoin target because that's when I can tell if I have will move on to over accumulation phase.

Secondly, you don't sell all your bitcoin portfolio because you have achieved your goal if not you will regret of selling too many bitcoin too soon since you will be back to a low coiner and regret your actions. This is why you need to use a sustainable withdrawal strategy that will enable you only tap little from your bitcoin portfolio once in a while and it wouldn't affect your bitcoin investment because your portfolio keeps on compounding in profits.

The idea of sustainable withdrawal is that you are tending to withdraw at a rate that is lower than the amount that your bitcoin is growing.. so even if you continue to withdraw your bitcoin goes up in value faster and greater than you are withdrawing.

So let's say you had an income of around $30k per year, and you were investing pretty aggressively into bitcoin around 17% of your income and you had been investing $100 per week into bitcoin since December 2015, and over the past (nearly 9 years), you had invested right around $47k, and you had accumulated right around 15.5 BTC.  

And, so you were feeling pretty good about your 15.5 BTC because it currently has a spot value of $1.7 million, and a 200-WMA value of more than $800k.. so the part that you are interested in is the 200-WMA, since you don't want to withdraw at a rate that is greater than the bitcoin is growing, yet you are confident that you have calculated correctly, and you can start to either withdraw around $6,666 per month on a sustainable basis or you can make any adjustments that you need and you are pretty confident that you have enough bitcoin that you will never go below the $800k 200-WMA valuation if you withdraw at the rate that is 10% of the value of the 200-WMA value per year.. and surely if you put such withdrawal system in practice you have enough cushion that you could start to withdraw at a lower rate if you are not confident that your withdrawal formula is sustainable at your chosen rate of $6,666 per month or $80k per year.

Also it seems to me that if you are using the 200-WMA as your sustainable withdrawal guide you likely could increase your dollar value at about 7% per year and still never go below your ability to withdraw and to not overly deplete your BTC holdings.  So the first year would be $80k.  The second year would be $85.6k. The third year would be $91.6k.  The 4th year would be $98k... etc etc etc.

And yeah, you have to figure out formulas so that you don't overly withdraw, yet it seems that bitcoin is a great investment to facilitate such guidelines.

And with that, I will continue to invest to meet my urgent expenses. What you said is that it is not mandatory to have an emergency fund before starting investment. Also, you said that if we think too much about the price and delay by wanting a backup fund first, then we may miss the opportunity. Here I partially agree with you that if we delay with a backup, we may miss the opportunity. But should we start investing with absolutely zero fund? Maybe after starting investment, some urgent expenses may come where even if there is no emergency fund, someone may get discouraged.  Therefore, it is advisable to keep at least two to four weeks of emergency expenses in cash without delay in making a full deposit. And gradually increase the amount of emergency deposit. This will keep the investment active, and emergency problems will be solved. Therefore, rather than having absolutely zero deposit, I think it will be safer to start investing with a minimum emergency deposit.

Each of us has to decide how much back up funds we feel that we need to have to protect ourselves, to give ourselves options and to not to cause us to have to do something that we don't want to do.  So it surely may well be the case that there are a large number of folks who come to bitcoin and they already have back up funds, yet if they do not have any back up funds, then they are not prohibited from starting to invest in bitcoin, and surely if they have a very shitty cashflow situation and a lot of debt, they they have to figure out the extent to which they have discretionary income or not, since if their income does not exceed their expenses (including their need to service debts), then they might not be in a strong enough position to be able to invest in bitcoin.  

The mere fact that a person does not have back up funds does not necessarily mean that he is not able to invest into bitcoin as long as he can determine that he has discretionary funds, and if he has discretionary funds, then he can decide how to spend his discretionary funds.  Of course, it seems to make sense that if a person is going to continue to invest into bitcoin or even to increase the amount invested with the passage of time, such as buying bitcoin on a weekly basis, then the more important that he strengthens his cashflow management situation and his cashflow management practices, otherwise he would be engaging in gambling rather than investing.  It can take a while for some folks to both invest in bitcoin (and build up his bitcoin investment) and to strengthen his cashflow management systems/practices in order that he can feel more comfortable increasing the level of his aggressiveness in his bitcoin investing practices.  Those balances can be learned along the way. He does not need to have all of his balances figured out in order to get started investing in bitcoin.  

Even after stacking for two circles there is no guarantee that your profit will be huge because it all depends on how much that you are using to DCA and how aggressive you were during this two circles of your bitcoin accumulation and if you front load your bitcoin. I wouldn't stop at two circles but I will rather continue accumulating bitcoin until I reach my bitcoin target because that is where my focus is on. I don't use number of years to time when I will stop accumulating bitcoin but my bitcoin target because that's when I can tell if I have will move on to over accumulation phase.

I think this should be the basis at which people honestly need to work on, do not set timely basis on bitcoin for either to accumulate bitcoin or take profit from it, rather it should be base on the target, if the target is 1 bitcoin as a whole portfolio, it should be followed gradually, it can take up two cycles or more or even less depending on your income or accumulating load, if you set a time factor like 2 cycles and this target isn’t reached does this means one has to stop? I don’t think so.

For me the target should be base on the amount of bitcoin you want and not time and then you move to over accumulation period and if possible add little by little if you choose, for profit taking it is no brainer that selling all is like handing over your bitcoin again to inflationary currency and also profit should be target price and not time

There is nothing wrong with having a time target, too.  Some guys have more flexibilities with their time, and other guys might not.  

Other guys might not be able to get to exactly where they would like to be, and they might have age and/or health considerations or some other kinds of needs that they consider to be reasonable, so they might accumulate BTC for one or two cycles.... and then enter sustainable withdraw from where-ever they happen to be.  Let's say that a guy is in his early 50s (let's say he just turned 53), and he feels like he is getting old and his retirement prospects are not feeling as good as he thought that it would be.  

Let's say that his income is around $50k, and even though he had been investing for around 20 years, he had ONLY gotten his investment portfolio to  around $200k. He is thinking that he might take around 25% of his investment portfolio and invest it into bitcoin (which would be around $50k), and he also is going to invest around 20% of his income into bitcoin for the next 6-9 years (right now that would be around $12.5k per year, or $250 per week).  He is just going to do as best at he can and see where he is at in 6-9 years, and he would like to stop working by his late 50s or maybe by his early 60s at the latest, so he is considering to just invest into bitcoin as aggressively as he is able to accomplish in the next 6-9 years and see where it gets him.

He can see on his end if he invests around 25% of his income plus some kind of front loading of $50k into bitcoin, then each 4 years, he would invest the equivalent of his annual income after 8 years he would have had invested right around $150k into bitcoin.  He can ONLY control the portion that he can control and do his best with whatever resources that he has available.