Buy Buy Buy or Sell Sell Sell?

[Merit.s]

Therefore, it is wise to research how and in what method to increase Bitcoin accumulation.

What are you making research on how to increase your bitcoin portfolio when you already know from this thread that we have three methods which is DCA, buy the dip and lump sum method. You discretionary income is what will determine if you are to increase your regular DCA purchase or not. This is the main reason why as you are investing into bitcoin, you look for other mean on how to increase your income so that your discretionary income can also be increased.

DCA method is an effective method to buy bitcoin for 4-10 years and above till you reach your bitcoin target. If you want to buy at the dip, you need to have a reserve funds for that. I don't think that apart from this forum that anyone will tell you about the importance of emergency funds and why it's needful as a long-term bitcoin investor.

Practice gives you the experience and you are to keep your bitcoin purchase ongoing based on the size of your discretionary income. Making research wouldn't teach you how to manage your discretionary income and how to tweak and mix other accumulation method to your ongoing DCA based on your financial circumstances at that moment.

[Kagaru]

I don't know why some folks are still thinking that you must have all the knowledge before he/she could start investing in Bitcoin, it is a totally ideas because Bitcoin is so wild in such that you can't finish all knowledge when it comes to Bitcoin, once you are still thinking that you not ready to buy Bitcoin and your discretionary income is available for you which you could have use to invest, what i will advise to those folks that think is not good to invest now that they will wait till when they have full knowledge and which i know that they can't finish knowing all Bitcoin finish because Bitcoin is something that keeps updating every single day, so those folks not to regret letter run, so it is better to buy now as you can afford using DCA strategy which can motivate you of not losing all you have invested for.

I quite agree with some of the things you said here, but the angle were I have little disagreement with you is were I highlighted in your post. I'm having troubles trying to figure out what you mean by "bitcoin keeps updating every single day" What updating are referring to please? Does it mean that the knowledge that were applicable in bitcoin investment few years ago are no longer valid or applicable today?

But to the best of my understanding, same application of those knowledge that worked for early investors are still working for those that came into bitcoin investment 1, 2, 3 years ago, even those that came yesterday and will still work for those that will come onboard in the future. It's just like mathematical formula, all you need do is follow the right formula and you will get the desired result. The buying methods has remained the same over the years, the total supply has been the same and will forever remain at 21 million. So I wonder what's actually updating every single day according to what you said above.

I think what he meant by "updating" is not that Bitcoin's fundamentals change daily, but that the ecosystem around it keeps evolving. The fundamental principles such as fixed supply, halving cycle, and decentralised consensus have not been changed, as you mentioned. Those values stand as true now like they were in 2009.

The only thing that changes is the environment: regulations across various nations, new investment vehicles such as ETFs, infrastructure advancements such as Lightning, or even changes in global macro factors that influence adoption. These are the "updates" that people get confused about as Bitcoin itself is changing.

And the underlying logic of investments has not gotten any better or worse, so you are correct that it is still buy what you can afford, long-term, or DCA. Bitcoin itself is not the moving part but everything around it. This is why it only makes sense to begin with what one already knows, as fundamentals are easy, and whatever around us will only keep developing in terms of news and other evolutionary processes.

[Lidger]

Waiting is never an excuse or a good strategy to invest into bitcoin because it will slow down the quantity of bitcoin that you are supposed to have acquired in the long run. As you are waiting, don't forget that bitcoin price is increasing and also your age.

Yes, this is definitely a good point you have raised, everything has a specific age, like when you are young you can work hard, play a lot of sports and manage everything but when you cross 40 years of age, those tasks cannot be done well. We may be waiting for investment and thinking that we will invest in Bitcoin conveniently but in this respect our age is increasing along with different pressures going to come in our life in the future but we do not think about these things. When additional pressure comes on our shoulders then we will not be able to continue investing at that time rather then we will feel that the financial needs I have now have not been met first and then I will invest in Bitcoin.

Investing in Bitcoin is the security of the future, so without thinking about anything we should start investing in Bitcoin as soon as possible. As a Bitcoin investor, I think that every person especially those who know about Bitcoin should have an investment. 

I would like to ask one more question to all those people who are waiting for Bitcoin investment and those who want to invest in Bitcoin after understanding the opportunity, I would say that when is the right time to invest in Bitcoin or at what level of Bitcoin price will you feel safe to invest in Bitcoin.

If you have decided that you will invest after the price comes down a lot, then I want to assure you that your investment dream will not actually come true.
So shake these thoughts from your head and start investing and keep doing it consistently so that even if the price comes down, you will not miss the opportunity to invest in Bitcoin.

[Derekfunds]

I don't know why some folks are still thinking that you must have all the knowledge before he/she could start investing in Bitcoin, it is a totally ideas because Bitcoin is so wild in such that you can't finish all knowledge when it comes to Bitcoin, once you are still thinking that you not ready to buy Bitcoin and your discretionary income is available for you which you could have use to invest, what i will advise to those folks that think is not good to invest now that they will wait till when they have full knowledge and which i know that they can't finish knowing all Bitcoin finish because Bitcoin is something that keeps updating every single day, so those folks not to regret letter run, so it is better to buy now as you can afford using DCA strategy which can motivate you of not losing all you have invested for.

I quite agree with some of the things you said here, but the angle were I have little disagreement with you is were I highlighted in your post. I'm having troubles trying to figure out what you mean by "bitcoin keeps updating every single day" What updating are referring to please? Does it mean that the knowledge that were applicable in bitcoin investment few years ago are no longer valid or applicable today?

But to the best of my understanding, same application of those knowledge that worked for early investors are still working for those that came into bitcoin investment 1, 2, 3 years ago, even those that came yesterday and will still work for those that will come onboard in the future. It's just like mathematical formula, all you need do is follow the right formula and you will get the desired result. The buying methods has remained the same over the years, the total supply has been the same and will forever remain at 21 million. So I wonder what's actually updating every single day according to what you said above.

Bitcoin doesn't update and I think it is a wrong choice of word and I think the dude was trying to say that the price of Bitcoin keep fluctuating everyday and of course that is volatility and the variation is not just upward rather it is both downward and upward but in long term, Bitcoin always take the upward direction after correcting and revolving about a particular price for some time. That is why it is better to hold for long because Bitcoin doesn't just surge, it always take its time and sometime this can take more than half a year before it will break a good point and sometimes below or even more and if you are investing for short term there is a high possibility that you won't make something tangible from it.

[CageMabok]

...

...

Bitcoin doesn't update and I think it is a wrong choice of word and I think the dude was trying to say that the price of Bitcoin keep fluctuating everyday and of course that is volatility and the variation is not just upward rather it is both downward and upward but in long term, Bitcoin always take the upward direction after correcting and revolving about a particular price for some time. That is why it is better to hold for long because Bitcoin doesn't just surge, it always take its time and sometime this can take more than half a year before it will break a good point and sometimes below or even more and if you are investing for short term there is a high possibility that you won't make something tangible from it.

The Bitcoin price cycle itself is almost wave-like, although the price level itself always fluctuates at certain levels. After a major increase, which can lead to an ATH in Bitcoin, there's always a correction to a certain price level, so this should be fully understood by all Bitcoin investors. So, as you said, Bitcoin only experiences price fluctuations, which some might view as volatility. Therefore, it's not appropriate to call it updated, because Bitcoin's supply is already limited and will not be increased by its creator.

[I_Anime]

.

You can also get started without understanding it all

Dude let's say you're a teacher for instance, can you tell your students to write exams without preparing to an extent for the exams, I guess the answer is no, let's then relate this to bitcoin investment, if I understand you very well, were you trying to say newbies or intending investors should start up their investment without preliminary knowledge which is the basic knowledge we talk about here now and then, do you feel that there no reason for the basic knowledge, man if you think so then you don't understand the reason for the basic knowledge, you don't just jump into what you don't espacially when it has to do with investment such as bitcoin, there are little things you need to know not too hyper but basics to enable you start first and other extensive or further knowledge can come later and I believe that's how things are suppose to be done.

What is this basic knowledge that you proclaim is needed?  I doubt that your exam analogy is very fitting. 

Why cannot a beginner to bitcoin just adjust his position size to be smaller while he is getting started and getting more familiar with bitcoin and perhaps to increase his position size as he becomes more familiar and more knowledgable about bitcoin, to the extent that he believes that his greater familiarity justifies increasing his bitcoin position size?

As simple as that not something you should stress yourself with. First time wait for no man and as time goes that’s how prices changes . As a newbie that’s really interested in bitcoin investment I don’t see any reason why you need any complex knowledge before going in .

There’s time for that (to know about bitcoin more) you can choose to know the basic first which is where to buy , how to buy and secure your assets. Then as time goes you may choose to expand your knowledge more as you accumulate it will literally make things more fun though and you do both

[Joeboy]

.

You can also get started without understanding it all

Dude let's say you're a teacher for instance, can you tell your students to write exams without preparing to an extent for the exams, I guess the answer is no, let's then relate this to bitcoin investment, if I understand you very well, were you trying to say newbies or intending investors should start up their investment without preliminary knowledge which is the basic knowledge we talk about here now and then, do you feel that there no reason for the basic knowledge, man if you think so then you don't understand the reason for the basic knowledge, you don't just jump into what you don't espacially when it has to do with investment such as bitcoin, there are little things you need to know not too hyper but basics to enable you start first and other extensive or further knowledge can come later and I believe that's how things are suppose to be done.

What is this basic knowledge that you proclaim is needed?  I doubt that your exam analogy is very fitting. 

Why cannot a beginner to bitcoin just adjust his position size to be smaller while he is getting started and getting more familiar with bitcoin and perhaps to increase his position size as he becomes more familiar and more knowledgable about bitcoin, to the extent that he believes that his greater familiarity justifies increasing his bitcoin position size?

As simple as that not something you should stress yourself with. First time wait for no man and as time goes that’s how prices changes . As a newbie that’s really interested in bitcoin investment I don’t see any reason why you need any complex knowledge before going in .

There’s time for that (to know about bitcoin more) you can choose to know the basic first which is where to buy , how to buy and secure your assets. Then as time goes you may choose to expand your knowledge more as you accumulate it will literally make things more fun though and you do both

Procrastination or waiting for the perfect time has psychological trapped so many newbies from kickstarting their Bitcoin accumulation journey. They keep waiting for the perfect time, a time where they must have been well knowledgeable and had a huge source of income( discretionary income) before they start. What many of them fails to understand is that you don't need to have all the knowledge or the money in the world before kickstarting your investment journey. What you basically do need is to start with the little  knowledge and discretionary income you have,  learn more along the way and then grow your investment percentage over time as your knowledge and confidence increases.

[Tonimez]

[Edited out]

Procrastination or waiting for the perfect time has psychological trapped so many newbies from kickstarting their Bitcoin accumulation journey. They keep waiting for the perfect time, a time where they must have been well knowledgeable and had a huge source of income( discretionary income) before they start. What many of them fails to understand is that you don't need to have all the knowledge or the money in the world before kickstarting your investment journey. What you basically do need is to start with the little  knowledge and discretionary income you have,  learn more along the way and then grow your investment percentage over time as your knowledge and confidence increases.

The only perfect time a person can wait for (which I know would not take all year to achieve) would be waiting to have a discretionary income at hand and that is the only justification to not investing in bitcoin. Anyone who is timing the market as a newbie is not ready to invest in bitcoin and would never invest in bitcoin with such mindset. Even if he eventually invests in bitcoin without changing his mindset, he could fall victim of getting stucked to the chart, loosing his cool and eventually panicking and selling off his bitcoin stash. This is the more reason why a person would need to define if he is really willing to invest in bitcoin because investing in bitcoin means accepting to HODL for a long time.. As a newbie, your discretionary income is the only guarantee you have to successfully HODL your bitcoin for at least 4 to 10 years of initial holding and all these starts from the first attempt made to invest in bitcoin.

All prices are a good buying period because every bitcoin price you see today were once an All time high which simply means that any price you meet bitcoin is a potential Dip (extreme dip) over time. So why waste your time waiting for something you could achieve effortlessly? Bitcoin is a future goal, so focusing on accumulation that selling would do any newbie who is interested in bitcoin the best of favour. As a newbie waiting for the best time price wise, he may never invest because every bitcoin price would still be too costly for him. Even when his choice of dip happens, he panics about the uncertainty that bitcoin would still rise again. This newbie could eventually end up a gambler if he succeeds in sneaking out something into bitcoin.

[laijsica]

.

You can also get started without understanding it all

Dude let's say you're a teacher for instance, can you tell your students to write exams without preparing to an extent for the exams, I guess the answer is no, let's then relate this to bitcoin investment, if I understand you very well, were you trying to say newbies or intending investors should start up their investment without preliminary knowledge which is the basic knowledge we talk about here now and then, do you feel that there no reason for the basic knowledge, man if you think so then you don't understand the reason for the basic knowledge, you don't just jump into what you don't espacially when it has to do with investment such as bitcoin, there are little things you need to know not too hyper but basics to enable you start first and other extensive or further knowledge can come later and I believe that's how things are suppose to be done.

What is this basic knowledge that you proclaim is needed?  I doubt that your exam analogy is very fitting. 

Why cannot a beginner to bitcoin just adjust his position size to be smaller while he is getting started and getting more familiar with bitcoin and perhaps to increase his position size as he becomes more familiar and more knowledgable about bitcoin, to the extent that he believes that his greater familiarity justifies increasing his bitcoin position size?

As simple as that not something you should stress yourself with. First time wait for no man and as time goes that’s how prices changes . As a newbie that’s really interested in bitcoin investment I don’t see any reason why you need any complex knowledge before going in .

There’s time for that (to know about bitcoin more) you can choose to know the basic first which is where to buy , how to buy and secure your assets. Then as time goes you may choose to expand your knowledge more as you accumulate it will literally make things more fun though and you do both

Procrastination or waiting for the perfect time has psychological trapped so many newbies from kickstarting their Bitcoin accumulation journey. They keep waiting for the perfect time, a time where they must have been well knowledgeable and had a huge source of income( discretionary income) before they start. What many of them fails to understand is that you don't need to have all the knowledge or the money in the world before kickstarting your investment journey. What you basically do need is to start with the little  knowledge and discretionary income you have,  learn more along the way and then grow your investment percentage over time as your knowledge and confidence increases.

You have made a good point. You need a discretionary fund with a little knowledge to start with Bitcoin. If it takes you a few years to generate a steady income, you should start accumulation Bitcoin with the amount of funds that you have available at the end of the month. You can never be perfect when investing. Even no one is perfect. Keeping your Bitcoin buy efforts in mind will be great for future alternative financial security. There are some investors I have met who are not very active in making real assets but they have a long experience in accumulating Bitcoin. They are aware of the past analysis of Bitcoin and its demand versus supply, so they still continue to buy. I tried to follow them because they believe in Bitcoin and despite their high returns today, they are going to continue to accumulation Bitcoin for the desired point in the future.

[Agbamoni]

Prediction is a distraction and an investor should not even pay attention to it if they want to succeed in their investment because anyone who pay attention to Bitcoin prediction won't go far and they will end up on the road ( half way). Predicting the price of Bitcoin is really pointless and needless for an investor since the goal is to hold for long term. Traders keep deceiving themselves by trying to predict the price of Bitcoin when that is not possible though sometimes it happen by chance and luck but that doesn't mean they are sure or certain about it and I ask myself what is the reason for all these trader does when they already knew that profit is not guarantee.

I don't see how predicting the price of Bitcoin has something to do with an individual investment. Predicting the price of Bitcoin can hurt your investment from beginning successful as long as you dont let it get into your head that you start making irrational decisions. Of course, we cant deny that every investor have a picture of where we want the price to go. The difference between a successful investor and one who did not is simply because one let their wild guesses affect their accumulation, while the other irrespective of their wild guesses keeps accumulating and holding for long.

[laspol65]

Bitcoin Prediction has nothing to do with investment, real investors never invest by listening to or seeing what others say, rather they invest in Bitcoin using their investment knowledge, patience, courage and experience and they can become successful investors in the future.
The real strength of Bitcoin is not in price fluctuations, but in its limited supply, decentralization and increasing global acceptance.

To invest in Bitcoin, you must accept each other's advice, because if you have invested in Bitcoin, you did not receive the news of Bitcoin directly from Satoshi Nakamoto. Rather, Bitcoin has been spread to you and to you or to all your countrymen through each other, and finally you have been able to invest. Brother, you can never deny that each other's advice is not acceptable, because you did not know at the beginning what the DCA method is or how to invest in the DCA method, but rather it is possible to invest in Bitcoin by following each other's advice and acceptance.

Therefore, it is wise to research how and in what method to increase Bitcoin accumulation and make it long-term, instead of listening to what some famous people say. Those who can do this will benefit in the future.

You have ignored the advice and acceptance of others above, so why are you finally thinking of increasing your Bitcoin investment according to each other's advice? So I want to say that you should not mislead the newbies like this. Because the more we discuss to correct each other's mistakes, the more newbies will be able to learn from here. Because you do not know the strategy that I have, you may have a better strategy than me.
So it is better to collect Bitcoin investment for a long time according to the DCA method alone, here if you know the correct future of Bitcoin investment every investor should know. Then it is possible to be successful in Bitcoin investment.

[Stella Mese]

If we don't have a steady income, should we buy BTC? using the DCA method, for example Yes, sometimes there are people who can earn money by working, for example, as factory workers or office employees. But what about people who don't have a steady income? Do you have a good solution for this?

Of course, for those who already have a steady income, it's great because they can use DCA. But sometimes I wonder about those who don't have a steady income. I often ask my neighbors or the public about this, as there are many people who want to buy BTC, but the uncertain economy makes it difficult for them to do so.

[JayJuanGee]

I don't know why some folks are still thinking that you must have all the knowledge before he/she could start investing in Bitcoin, it is a totally ideas because Bitcoin is so wild in such that you can't finish all knowledge when it comes to Bitcoin, once you are still thinking that you not ready to buy Bitcoin and your discretionary income is available for you which you could have use to invest, what i will advise to those folks that think is not good to invest now that they will wait till when they have full knowledge and which i know that they can't finish knowing all Bitcoin finish because Bitcoin is something that keeps updating every single day, so those folks not to regret letter run, so it is better to buy now as you can afford using DCA strategy which can motivate you of not losing all you have invested for.

I quite agree with some of the things you said here, but the angle were I have little disagreement with you is were I highlighted in your post. I'm having troubles trying to figure out what you mean by "bitcoin keeps updating every single day" What updating are referring to please? Does it mean that the knowledge that were applicable in bitcoin investment few years ago are no longer valid or applicable today?

But to the best of my understanding, same application of those knowledge that worked for early investors are still working for those that came into bitcoin investment 1, 2, 3 years ago, even those that came yesterday and will still work for those that will come onboard in the future. It's just like mathematical formula, all you need do is follow the right formula and you will get the desired result. The buying methods has remained the same over the years, the total supply has been the same and will forever remain at 21 million. So I wonder what's actually updating every single day according to what you said above.

He could have said. Tick tock next block.

Bitcoin is updating every 10 minutes - and verifying the transactions (and the whole blockchain) every 10 minutes... but yeah, POPOLUV was not very clear in regards to what he meant.

If we don't have a steady income, should we buy BTC? using the DCA method, for example Yes, sometimes there are people who can earn money by working, for example, as factory workers or office employees. But what about people who don't have a steady income? Do you have a good solution for this?

Of course, for those who already have a steady income, it's great because they can use DCA. But sometimes I wonder about those who don't have a steady income. I often ask my neighbors or the community about this, as there are many people who want to buy BTC, but the uncertain economy makes it difficult for them to do so.

You don't need a steady income to buy bitcoin.  All you need is discretionary funds to be able to invest in bitcoin, yet of course it is much more difficult to determine that you have discretionary funds if you don't have a steady income or if you are not sure from where your next pay is going to come or how your much it is going to be.

One of the requirements to invest in bitcoin (or any other investment) is to have discretionary income, which means that you need to have extra money beyond the money used to pay your expenses.

Poor people are in a rough situation, unless they can figure out how to increase their discretionary income by increasing their income and/or cutting their expenses.

If you try to invest with money that is needed for your expenses, then you are not going to be ble to hold for 4-10 years or longer, and you would be trading and/or gambling with such money rather than investing... which means that you are expecting to take the money back out when you need it, presumptively in less than 4 years.. .that would not be investing , but instead trading (and/or gambling).

Each of us is responsible to figure out our budgets, and of course, we can do whatever, we like, yet if we make mistakes and we spend beyond our discretionary income, we may well end up losing bitcoin (and dollars or other fiat) based on our having had been using money that we need to invest an then ending up having to cash out a time that was not in our own interest to do so.

[Grace333]

Waiting is never an excuse or a good strategy to invest into bitcoin because it will slow down the quantity of bitcoin that you are supposed to have acquired in the long run. As you are waiting, don't forget that bitcoin price is increasing and also your age.

If you have decided that you will invest after the price comes down a lot, then I want to assure you that your investment dream will not actually come true.
So shake these thoughts from your head and start investing and keep doing it consistently so that even if the price comes down, you will not miss the opportunity to invest in Bitcoin.

Waiting endlessly for the perfect dip usually means you will just keep watching from the sidelines while the market moves on without you..  Truth is, nobody can really time the bottom, not even the so called experts..  If you keep waiting for some magical price, you might never actually start..

That is why consistency matters more than timing..  Putting in little by little, no matter the price, makes sure you are always in the game. When the market dips, you’re buying cheaper, when it rises, you are already holding. In the long run, that balance beats sitting on the fence and waiting forever…

[Futurexxx]

Waiting is never an excuse or a good strategy to invest into bitcoin because it will slow down the quantity of bitcoin that you are supposed to have acquired in the long run. As you are waiting, don't forget that bitcoin price is increasing and also your age.

If you have decided that you will invest after the price comes down a lot, then I want to assure you that your investment dream will not actually come true.
So shake these thoughts from your head and start investing and keep doing it consistently so that even if the price comes down, you will not miss the opportunity to invest in Bitcoin.

Waiting endlessly for the perfect dip usually means you will just keep watching from the sidelines while the market moves on without you..  Truth is, nobody can really time the bottom, not even the so called experts..  If you keep waiting for some magical price, you might never actually start..

That is why consistency matters more than timing..  Putting in little by little, no matter the price, makes sure you are always in the game. When the market dips, you’re buying cheaper, when it rises, you are already holding. In the long run, that balance beats sitting on the fence and waiting forever…

You are very right about all what you said there, because when investing in Bitcoin, waiting is a terrible idea, because by doing so, you are definitely going to miss a whole lot of buying opportunities just as you have already said. Secondly, by waiting your starch of Bitcoin will be stagnant for a very long time without you buying and adding up to it, and it will be even more terrible if you are a low coiner that is just starting his bitcoin investment without having a reasonable stash of Bitcoin in his portfolio. So waiting before buying it's really a bad idea for every bitcoin investor out there.
Hey I'm not saying that buying the deep is a bad thing to do, what I'm trying to say is that waiting for it is a bad thing to do, so you just have to keep on buying either weekly or monthly based on when your discretionary funds are available. Then if there's a deep in the market, you can still buy or go aggressively then, only if you have the reserve funds to do so. So buying at every given opportunity is the best way accumulate Bitcoin other than waiting for a deep that may never come.

[Solokan]

If we don't have a steady income, should we buy BTC? using the DCA method, for example Yes, sometimes there are people who can earn money by working, for example, as factory workers or office employees. But what about people who don't have a steady income? Do you have a good solution for this?

Of course, for those who already have a steady income, it's great because they can use DCA. But sometimes I wonder about those who don't have a steady income. I often ask my neighbors or the public about this, as there are many people who want to buy BTC, but the uncertain economy makes it difficult for them to do so.

It is true that sometimes people who do not have a steady income think that way, but in my opinion, even if someone does not have a steady income, they can still buy BTC and invest because what is important is having money that you are prepared to lose to buy BTC or using discretionary income. So, even if someone's income is unstable, if they use money they are prepared to lose to buy BTC, then whenever they buy it, they will be able to invest in BTC and eventually make a profit.
as long as you can hold BTC for the long term

In my opinion, the most important thing is the willingness and interest to invest in BTC, as there are many wealthy people who also don't want to invest in BTC. However, investing in BTC can certainly be done by those who are interested. The point is, for those with an unstable income, don't give up.  

[ruykeri]

Prediction is a distraction and an investor should not even pay attention to it if they want to succeed in their investment because anyone who pay attention to Bitcoin prediction won't go far and they will end up on the road ( half way). Predicting the price of Bitcoin is really pointless and needless for an investor since the goal is to hold for long term. Traders keep deceiving themselves by trying to predict the price of Bitcoin when that is not possible though sometimes it happen by chance and luck but that doesn't mean they are sure or certain about it and I ask myself what is the reason for all these trader does when they already knew that profit is not guarantee.

I don't see how predicting the price of Bitcoin has something to do with an individual investment. Predicting the price of Bitcoin can hurt your investment from beginning successful as long as you dont let it get into your head that you start making irrational decisions. Of course, we cant deny that every investor have a picture of where we want the price to go. The difference between a successful investor and one who did not is simply because one let their wild guesses affect their accumulation, while the other irrespective of their wild guesses keeps accumulating and holding for long.

Everyone who invests in Bitcoin thinks about what the price of Bitcoin will be like 1 month or 6 months from now. But those who invest in Bitcoin as a trading or gambling make decisions based on their predictions. It is not wrong to make assumptions about the valuation of Bitcoin, but the problem is that you can make decisions based on those assumptions and lose your investment. Because it is not possible to know 100% what the price of Bitcoin will be in the future.   

Those who follow the right method in investing and can keep their mentality fixed do not think about the future price of Bitcoin. Because if you invest for a long time, the chances of success increase a lot. Instead of making decisions based on Bitcoin predictions, you should invest for a minimum of 4 to 10 years. Because every 4 years, the price of Bitcoin has increased a lot in halving. Although the price of Bitcoin fluctuates greatly for about 4 years after a halving, the price has never been the same or lower than the price in the four years preceding the previous halving. . If you look at the chart below, you can understand it very well.

source

[abaeze]

To invest in Bitcoin, you must accept each other's advice, because if you have invested in Bitcoin, you did not receive the news of Bitcoin directly from Satoshi Nakamoto. Rather, Bitcoin has been spread to you and to you or to all your countrymen through each other, and finally you have been able to invest. Brother, you can never deny that each other's advice is not acceptable, because you did not know at the beginning what the DCA method is or how to invest in the DCA method, but rather it is possible to invest in Bitcoin by following each other's advice and acceptance.

I think you misunderstood my point here because I never said that consulting and researching with each other cannot be done. Rather, I wanted to explain that instead of listening to hype, FOMO, or just other people's guesses investing in Bitcoin with your own advice, research, and analysis so that when the price drops later, the newcomers will not be disappointed by the loss.

You have ignored the advice and acceptance of others above, so why are you finally thinking of increasing your Bitcoin investment according to each other's advice? So I want to say that you should not mislead the newbies like this. Because the more we discuss to correct each other's mistakes, the more newbies will be able to learn from here.

I never give wrong advice to beginners nor do I have any intention of doing so. There is actually a misunderstanding here, nothing more. Is it the same to invest after reasoning with someone and doing your own research or analysis, and investing without using your own brain just by listening to predictions? The answer is definitely no, and there is a huge difference between the two. I will explain the matter a little bit: Suppose someone said, “This coin will double in 1 month” if you invest without verifying it. Here the decision is based on someone else's guess. It is more risky, because you have not used your own understanding. And this is basically the result of investing by listening to predictions. But if you sit down with someone, discuss the data, measure the risk-return, and make a decision, it means you try to understand what the project is, what the market situation is, how much risk you can take. And this is basically yours - investing with reasoning, advice and analysis. This does not mean that you listen to someone and then invest.  Doing this will basically increase your knowledge and experience about investing, and this is what I have tried to explain to beginners here, but briefly.

[Cossyblack]

Waiting is never an excuse or a good strategy to invest into bitcoin because it will slow down the quantity of bitcoin that you are supposed to have acquired in the long run. As you are waiting, don't forget that bitcoin price is increasing and also your age.

If you have decided that you will invest after the price comes down a lot, then I want to assure you that your investment dream will not actually come true.
So shake these thoughts from your head and start investing and keep doing it consistently so that even if the price comes down, you will not miss the opportunity to invest in Bitcoin.

Waiting endlessly for the perfect dip usually means you will just keep watching from the sidelines while the market moves on without you..  Truth is, nobody can really time the bottom, not even the so called experts..  If you keep waiting for some magical price, you might never actually start..

That is why consistency matters more than timing..  Putting in little by little, no matter the price, makes sure you are always in the game. When the market dips, you’re buying cheaper, when it rises, you are already holding. In the long run, that balance beats sitting on the fence and waiting forever…

Your right the market isn't going to wait for anymore that isn't ready yet or that hasn't concluded the decision of investing in Bitcoin. By the way, Bitcoin doesn't wait for anymore,it continues to grow without getting supports from anywhere. And by the time he is ready,the price of bitcoin wouldn't be the same as the last time he met it but they will still be room for him to start as long as he has a Discretional income to start buying for the long term. The only difference is that,he will be buying bitcoin a bit higher but it doesn't matter because he is right on time.Bitcoin is still growing and haven't come close to his peak, that's accumulating bitcoin consistently from his discretional income and Hodl for the Long term will give him good profits in return.

[ChocolateBitcoinK]

Waiting is never an excuse or a good strategy to invest into bitcoin because it will slow down the quantity of bitcoin that you are supposed to have acquired in the long run. As you are waiting, don't forget that bitcoin price is increasing and also your age.

If you have decided that you will invest after the price comes down a lot, then I want to assure you that your investment dream will not actually come true.
So shake these thoughts from your head and start investing and keep doing it consistently so that even if the price comes down, you will not miss the opportunity to invest in Bitcoin.

Waiting endlessly for the perfect dip usually means you will just keep watching from the sidelines while the market moves on without you..  Truth is, nobody can really time the bottom, not even the so called experts..  If you keep waiting for some magical price, you might never actually start..

That is why consistency matters more than timing..  Putting in little by little, no matter the price, makes sure you are always in the game. When the market dips, you’re buying cheaper, when it rises, you are already holding. In the long run, that balance beats sitting on the fence and waiting forever…

Your right the market isn't going to wait for anymore that isn't ready yet or that hasn't concluded the decision of investing in Bitcoin. By the way, Bitcoin doesn't wait for anymore,it continues to grow without getting supports from anywhere. And by the time he is ready,the price of bitcoin wouldn't be the same as the last time he met it but they will still be room for him to start as long as he has a Discretional income to start buying for the long term. The only difference is that,he will be buying bitcoin a bit higher but it doesn't matter because he is right on time.Bitcoin is still growing and haven't come close to his peak, that's accumulating bitcoin consistently from his discretional income and Hodl for the Long term will give him good profits in return.

The market will always be volatile, and there is no guarantee that it will continue to be valuable over time, or in which direction it will go, so if you want to invest here, you can never be worried about the price, we always see Bitcoin slowly moving upwards over time and not stopping at any dump, and you should decide to invest in Bitcoin for the long term by trusting in this process, since Bitcoin has always ignored volatility in the past and has become so big in the long term, in the same way it can become even bigger in the future, and this is what you have to believe, and for this you should decide to invest for the long term.