Buy Buy Buy or Sell Sell Sell?

[Baridomale]

...

They should be well aware that they are making huge mistakes, like making this trade and feel like it’s something that is ultimate in their bitcoin trading journey, which I think trading is never an investment, and if they feel it’s an investment then I must say it’s a huge gamble and a mistake on their own side and doesn’t know enough things about how to invest in bitcoin and it’s an ignorant act, well it’s totally a misleading approach on buying bitcoin with the intention of trading.

Those of you who already know and can differentiate between investing and trading should be willing to guide those who don't, not call them stupid. Because most people who trade by buying Bitcoin are still learning, and some of them still don't understand the difference between investing and trading, so they often think they're the same. In fact, the two are very different, so they still need guidance and a brief understanding of the difference between investing and trading. Bitcoin is indeed more suitable for long-term investment, and several major countries have already made Bitcoin a national reserve asset. This proves that governments of major countries have great confidence in Bitcoin because they already know that Bitcoin is the best asset currently.

As a Newbie, I found trading and investing almost similar at first until I started engaging in some activities and started discussing my inexperience with some good friends. I would say from my keen observation, trading is using the 9-5 approach on Bitcoin. You treat it as a job, you study charts and all that. While investing is you treating it as a side hustle. You put in some amount to buy Bitcoin, continue with other activities while you allow it rise to the point when you feel you can now sell for profit. It doesn't really consume your time, you don't have to do a lot of chart reading and all that. Just HODL till it rises(which it definitely would) then sell. Personally I prefer the investment approach, however different persons are also entitled to their preferences. The volatility and emotional instability that comes with trading isn't something I feel I am ready for yet... I am still single I wouldn't want to be terribly heartbroken before even meeting the right one

[Cossyblack]

Many people are new to cryptocurrency and don't know much about investing or trading.

Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.

And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Bitcoin is known as the best currency of the present time and investing is one of the best means of earning profits from Bitcoin. Because if you can overcome the cycle, you may be able to earn high profits. A new investor should always be willing to invest in Bitcoin for the long term and invest in Bitcoin to make yourself and your money risk-free.

Trading is similar to gambling,no matter how hard you try to analyze the market,losses cannot be avoided and yet,traders still think this strategy is the best approach to make profits in Bitcoin. Short term investing in Bitcoin has never been proven profitable in anyway,making cheap profits from selling your Bitcoin stash early is insane. However, Bitcoin investment have proven to be profitable for the long term doesn't mean investing in a violatile asset as Bitcoin is risk-free. We have been asked to only use funds we can afford to loose to invest in Bitcoin because of the risks. By Using a discretional income only to buy Bitcoin minimize our investment risk as we wouldn't have much to worry about if any should go wrong in the future.

[Derekfunds]

Those of you who already know and can differentiate between investing and trading should be willing to guide those who don't, not call them stupid. Because most people who trade by buying Bitcoin are still learning, and some of them still don't understand the difference between investing and trading, so they often think they're the same.

Many people are new to cryptocurrency and don't know much about investing or trading.
Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.
And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Why do you want to combine Bitcoin holding with trading, if an investor wants to make a long-term investment then only Bitcoin plays a sufficient role and there is no other option. Because here every investor will be busy buying Bitcoin only at the present time, because if you buy Bitcoin you can hold it for a long time, for this the DCA method plays the best role. Because if you invest Bitcoin weekly and if you can invest $ 50 to $ 100 every week, then it will definitely convert to $ 400 at the end of the month.
That is why success is guaranteed through Bitcoin investment only because try to collect Bitcoin and hold it for a long time.

There was a reason they said we should use what we can afford to let go in our Bitcoin Investment and there is also a little risk attach to it and so saying success is guarantee in Bitcoin investment is what I don't really agree 100 percent because there is no investment that is guarantee because if it is guarantee I doubt we would have been advised to use what we can afford to let go but regardless I believe in Bitcoin and I know it will do great in years coming but that doesn't mean it is 100 percent guarantee.

[ChocolateBitcoinK]

Those of you who already know and can differentiate between investing and trading should be willing to guide those who don't, not call them stupid. Because most people who trade by buying Bitcoin are still learning, and some of them still don't understand the difference between investing and trading, so they often think they're the same.

Many people are new to cryptocurrency and don't know much about investing or trading.
Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.
And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Why do you want to combine Bitcoin holding with trading, if an investor wants to make a long-term investment then only Bitcoin plays a sufficient role and there is no other option. Because here every investor will be busy buying Bitcoin only at the present time, because if you buy Bitcoin you can hold it for a long time, for this the DCA method plays the best role. Because if you invest Bitcoin weekly and if you can invest $ 50 to $ 100 every week, then it will definitely convert to $ 400 at the end of the month.
That is why success is guaranteed through Bitcoin investment only because try to collect Bitcoin and hold it for a long time.

There was a reason they said we should use what we can afford to let go in our Bitcoin Investment and there is also a little risk attach to it and so saying success is guarantee in Bitcoin investment is what I don't really agree 100 percent because there is no investment that is guarantee because if it is guarantee I doubt we would have been advised to use what we can afford to let go but regardless I believe in Bitcoin and I know it will do great in years coming but that doesn't mean it is 100 percent guarantee.

There is nothing that can guarantee you success, everything has to be decided only based on possibilities, and this should be followed in the case of Bitcoin investment. Bitcoin will never give us a guarantee of success, Bitcoin has just a big possibility of success in the future, you only have to deposit Bitcoin believing in that possibility, success is not guaranteed here, and that is the risk, and if you can accept this risk, then you will invest, remember that nothing is risk-free, and success can never be achieved without taking risks, so if you have the ability to accept this uncertainty of Bitcoin, and believe in the possibilities of Bitcoin, and then if you accumulate bitcoin according your financial ability, then maybe you can achieve the greatest success of your life from Bitcoin in the future.

[New Judgement]

 You just need to make sure that you are accumulation Bitcoin cycles correctly. Don't slow down your Bitcoin accumulation until discretionary income is maintained because if you can't assess the timing correctly, buying at the wrong time will increase the average value of your portfolio.

Can you please educate us when you think is the wrong time for investing in Bitcoin, if actually there is something like that. Being scared of your average cost of your portfolio increasing will make you skip buying bitcoin even with DCA method? I don't agree with you on this as I don't think there is a wrong time for an investor to buy bitcoin. I find this your teaching misleading. Your teaching is also encouraging timing the market before buying bitcoin which is also against the ethics of investors and the principles of this thread.

[Barikui1]

There is nothing that can guarantee you success, everything has to be decided only based on possibilities, and this should be followed in the case of Bitcoin investment. Bitcoin will never give us a guarantee of success, Bitcoin has just a big possibility of success in the future, you only have to deposit Bitcoin believing in that possibility, success is not guaranteed here, and that is the risk, and if you can accept this risk, then you will invest, remember that nothing is risk-free, and success can never be achieved without taking risks, so if you have the ability to accept this uncertainty of Bitcoin, and believe in the possibilities of Bitcoin, and then if you accumulate bitcoin according your financial ability, then maybe you can achieve the greatest success of your life from Bitcoin in the future.

I guess he is too excited by the potential of Bitcoin that's why he feels like their is no risk attached to it, but in reality he is wrong and if he is saying it to someone, then he is misinforming others about Bitcoin because no investment that is risk free, and because we live in a world where no body knows what may happen tomorrow, so you can't be 100% certain of what tomorrow may bring, that's why we are advice not to go all in on our investment in Bitcoin, so that if it doesn't goes as planned we wouldn't be contemplating suicide or any bodily harm to ourselves.
So investing only with our discretionary income which is the money we can afford to lose is the ideal way to go about our Bitcoin investment because even though it future is bright, their is no 100% guarantee of it succeeding in the future.

[AprilioMP]

As a Newbie, I found trading and investing almost similar at first until I started engaging in some activities and started discussing my inexperience with some good friends. I would say from my keen observation, trading is using the 9-5 approach on Bitcoin. You treat it as a job, you study charts and all that. While investing is you treating it as a side hustle. You put in some amount to buy Bitcoin, continue with other activities while you allow it rise to the point when you feel you can now sell for profit. It doesn't really consume your time, you don't have to do a lot of chart reading and all that. Just HODL till it rises(which it definitely would) then sell. Personally I prefer the investment approach, however different persons are also entitled to their preferences. The volatility and emotional instability that comes with trading isn't something I feel I am ready for yet... I am still single I wouldn't want to be terribly heartbroken before even meeting the right one

From what I read, you only hold a newbie on a forum account not from knowledge.
Trading is not an easy activity, but the opposite. It takes time, energy, emotions and certainly money as a capital to do acts of buying and selling.
In contrast to choosing an investment in Bitcoin which only requires time to see price returns.

Sentences or statements of buying cheap selling high, in Bitcoin investment I do not argue if it is necessary, but it does not have to be in a complicated state of mind to pay attention to the graphics. There is an easy pattern by relying only on willingness to buy regularly without regard to how much Bitcoin is obtained with the money purchased at any time.

For me, it's time for me to be in era who no longer cares about negative words to Bitcoin. This investment I will continue to do as much as I can.

[Bigjoe33]

[
As a Newbie, I found trading and investing almost similar at first until I started engaging in some activities and started discussing my inexperience with some good friends. I would say from my keen observation, trading is using the 9-5 approach on Bitcoin. You treat it as a job, you study charts and all that. While investing is you treating it as a side hustle. You put in some amount to buy Bitcoin, continue with other activities while you allow it rise to the point when you feel you can now sell for profit. It doesn't really consume your time, you don't have to do a lot of chart reading and all that. Just HODL till it rises(which it definitely would) then sell. Personally I prefer the investment approach, however different persons are also entitled to their preferences. The volatility and emotional instability that comes with trading isn't something I feel I am ready for yet... I am still single I wouldn't want to be terribly heartbroken before even meeting the right one

haha! You concluding statements, very funny but thats the reality and truth. People should know themselves and what they can carry or bear, and stay clear from what they can't bear or sustain, at least to avoid HBP and/or constant depression and heartbreak just like you mentioned.

Am quoting you because I share the same sentiment with you on this. Sincerely, it's really more comfortable and peaceful to just remain or stick with investment, either weekly or monthly as you have planned rather than sit all day long before the monitor, monitoring the market and charts, making decisions and all of that that is involved in trading. The chance and freedom to attend to other hustle or business of yours that comes with investment is just so cool, unlike trading where you must not be far from the monitor all day, unless you loose a fortune if it declines.

Most peacefully, everyone can invest in Bitcoin so long as you are interested and have at least an income. Ever since I discovered that I learnt or understood the concept and use of discretionary income to accumulate Bitcoin, even also accumulating through the DCA strategy, I have long stayed away from anything trading or what looks like it and I wish others would, though everyone has a right or choice to what they want. Despite the risk of Dips and the fluctuation nature of Bitcoin, consistent accumulation and Hodl for long term has proven reliable and trustworthy, and that's what am in for, and only God knows for how long, because I don't intend selling for any reason, at least 10 years and above.

[Olatundespo]

Those of you who already know and can differentiate between investing and trading should be willing to guide those who don't, not call them stupid. Because most people who trade by buying Bitcoin are still learning, and some of them still don't understand the difference between investing and trading, so they often think they're the same.

Many people are new to cryptocurrency and don't know much about investing or trading.
Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.
And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Why do you want to combine Bitcoin holding with trading, if an investor wants to make a long-term investment then only Bitcoin plays a sufficient role and there is no other option. Because here every investor will be busy buying Bitcoin only at the present time, because if you buy Bitcoin you can hold it for a long time, for this the DCA method plays the best role. Because if you invest Bitcoin weekly and if you can invest $ 50 to $ 100 every week, then it will definitely convert to $ 400 at the end of the month.
That is why success is guaranteed through Bitcoin investment only because try to collect Bitcoin and hold it for a long time.

There was a reason they said we should use what we can afford to let go in our Bitcoin Investment and there is also a little risk attach to it and so saying success is guarantee in Bitcoin investment is what I don't really agree 100 percent because there is no investment that is guarantee because if it is guarantee I doubt we would have been advised to use what we can afford to let go but regardless I believe in Bitcoin and I know it will do great in years coming but that doesn't mean it is 100 percent guarantee.

I don't see any risk in accumulating according to your afford. Typically you have one or more sources of income every week and from there you earn and spend on your family and save the rest of the money or spend it on a luxurious lifestyle. No one will recommend you to accumulate Bitcoin beyond your affordability if you ask those experienced investors for advice. They will advise you to Bitcoin from discretionary income because there is no such thing as a sure thing in investing. Accumulating beyond your afford means you are excessively emotional or want to do short-term trading. Don't rush into investing.

It's okay if you trust in Bitcoin deeply but you should always have alternative finances available. Use discretionary income for Bitcoin because regular accumulation reduce the risk to a great extent in any situation, volatile or stable.

[Salahmu]

I guess he is too excited by the potential of Bitcoin that's why he feels like their is no risk attached to it, but in reality he is wrong and if he is saying it to someone, then he is misinforming others about Bitcoin because no investment that is risk free, and because we live in a world where no body knows what may happen tomorrow, so you can't be 100% certain of what tomorrow may bring, that's why we are advice not to go all in on our investment in Bitcoin, so that if it doesn't goes as planned we wouldn't be contemplating suicide or any bodily harm to ourselves.
0% guarantee of it succeeding in the future.

With the way it has always been in Bitcoin from year to year going from one price to another higher price, we can use because of this yearly different prices increase to remove the misleading you are actually saying because even if he did not informed the person about any risk doesn't determine much of there assets because they will not be doing anything other than holding so actually anything outside Bitcoin is what could be misleading of not informing the risk ahead because even it they want to hold it another factor he doesn't understand might still liquidate all there investment. Although I also advised to educate people about the risk before investing but just as they say time teaches people to think different from before so that is why I'm using what I said above considering the yearly prices Bitcoin usual creat to correct the extensive failure some are thinking it will be on someone who doesn't no the risk of Bitcoin before investing.

[Marvelockg]

Many people are new to cryptocurrency and don't know much about investing or trading.

Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.

And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Bitcoin is known as the best currency of the present time and investing is one of the best means of earning profits from Bitcoin. Because if you can overcome the cycle, you may be able to earn high profits. A new investor should always be willing to invest in Bitcoin for the long term and invest in Bitcoin to make yourself and your money risk-free.

Trading is similar to gambling,no matter how hard you try to analyze the market,losses cannot be avoided and yet,traders still think this strategy is the best approach to make profits in Bitcoin

it is just because of the fact that traders always assume that quick profit is easily attainable through their short term trades that they try to get some sort of justification that suggest that trading is the way to go. trading goes well with the phrase, easy come, easy go and that is what traders always encounter which is not actually wise if you are someone that is hoping to get a good returns in the long run. an investor might not have all the profit there is to be gotten at a short period of time but there is always a guarantee that his investment is secured and that the asset he is holding will not go down in less than no time.

continuous buying of bitcoin regardless of the market condition and not wishing for any slight bull to sell off ones holding takes away any form of pressure from the investor such that his long term profit becomes guaranteed.

[Showlove01]

 You just need to make sure that you are accumulation Bitcoin cycles correctly. Don't slow down your Bitcoin accumulation until discretionary income is maintained because if you can't assess the timing correctly, buying at the wrong time will increase the average value of your portfolio.

Can you please educate us when you think is the wrong time for investing in Bitcoin, if actually there is something like that. Being scared of your average cost of your portfolio increasing will make you skip buying bitcoin even with DCA method? I don't agree with you on this as I don't think there is a wrong time for an investor to buy bitcoin. I find this your teaching misleading. Your teaching is also encouraging timing the market before buying bitcoin which is also against the ethics of investors and the principles of this thread.

There is nothing like wrong time for investing in Bitcoin because Bitcoin can be accumulated anytime if your discretionary income is available and ready so there is nothing wrong and I think what the dude was trying to say is buying when the price of Bitcoin has surge which is wrong because as an investor you don't care if the price of Bitcoin is high or not because the dollar cost averaging (DCA) method is already there to help an investor accumulate or buy at any given price.

[SmartCharpa]

Many people are new to cryptocurrency and don't know much about investing or trading.

Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.

And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Bitcoin is known as the best currency of the present time and investing is one of the best means of earning profits from Bitcoin. Because if you can overcome the cycle, you may be able to earn high profits. A new investor should always be willing to invest in Bitcoin for the long term and invest in Bitcoin to make yourself and your money risk-free.

Trading is similar to gambling,no matter how hard you try to analyze the market,losses cannot be avoided and yet,traders still think this strategy is the best approach to make profits in Bitcoin. Short term investing in Bitcoin has never been proven profitable in anyway,making cheap profits from selling your Bitcoin stash early is insane. However, Bitcoin investment have proven to be profitable for the long term doesn't mean investing in a violatile asset as Bitcoin is risk-free. We have been asked to only use funds we can afford to loose to invest in Bitcoin because of the risks. By Using a discretional income only to buy Bitcoin minimize our investment risk as we wouldn't have much to worry about if any should go wrong in the future.

Many traders are using the same strategy to invest in Bitcoin, and when they end up losing money from the short profits they are chasing, they quickly jump to the conclusion that Bitcoin is like any other investment and compare the risks. But as you said, we cannot be profitable in Bitcoin when we are only after short term gains. We have to sacrifice our time and patience before we can truly be profitable in investing. Of course, long term investment has proven to be profitable, but that doesn’t mean the risk in Bitcoin is less, it all depends on how you invest.

With long-term investment, you feel less pressure and more comfortable with your money because you are investing only what you can afford to lose. Even if something happens in the future, you will understand that you didn’t invest an amount that would affect you badly if you end up losing everything.

[ZeroVinsonN]

Regardless of how much Bitcoin you have, you should continue to accumulate Bitcoin for as long as you have a source of discretionary income. When you calculate the numbers and set a goal, it can make you focus only on Bitcoin, but you also need to having real assets.

I'm not sure what you mean by having real assets, if you are implying that bitcoin isn't a real asset then you are very wrong as bitcoin is as real an asset as any other asset you probably had in mind when you wrote this statement and even holds more water than most of those other assets do seeing as it's value has increased in ways most of these other assets will never be able to manage, what you are trying to say would make more sense if you used physical assets that is if that's what you meant in the first place.

Don't slow down your Bitcoin accumulation until discretionary income is maintained because if you can't assess the timing correctly, buying at the wrong time will increase the average value of your portfolio. So keep accumulating Bitcoin as long as you are physically fit and earning, and try to keep your portfolio fresh by making frequent buying.

I certainly don't understand how buying at the wrong time will increase the average value of your portfolio, I don't even understand how there is a wrong time to buy bitcoin in the first place, my understanding of bitcoin investment so far has been that there is never a wrong time to buy, though price fluctuates but this is not enough reason to designate bitcoin being in a particular price range as the right time to invest, but for assumption sake let's just assume that there is a right and a wrong time to invest, how does buying at the wrong time increase your average portfolio??
Your statement is just too confusing for me, maybe there is a meaning to it that I'm missing

[Guccho]

 You just need to make sure that you are accumulation Bitcoin cycles correctly. Don't slow down your Bitcoin accumulation until discretionary income is maintained because if you can't assess the timing correctly, buying at the wrong time will increase the average value of your portfolio.

Can you please educate us when you think is the wrong time for investing in Bitcoin, if actually there is something like that. Being scared of your average cost of your portfolio increasing will make you skip buying bitcoin even with DCA method? I don't agree with you on this as I don't think there is a wrong time for an investor to buy bitcoin. I find this your teaching misleading. Your teaching is also encouraging timing the market before buying bitcoin which is also against the ethics of investors and the principles of this thread.

There is nothing like wrong time for investing in Bitcoin because Bitcoin can be accumulated anytime if your discretionary income is available and ready so there is nothing wrong and I think what the dude was trying to say is buying when the price of Bitcoin has surge which is wrong because as an investor you don't care if the price of Bitcoin is high or not because the dollar cost averaging (DCA) method is already there to help an investor accumulate or buy at any given price.

What I think the idea of buying Bitcoin at the wrong time is actually twofold. First history shows that Bitcoin prices are always cyclical. For example those who bought at $19k in December 2017 have been able to return to profit after about 3 years.

Second DCA is actually the most effective method to reduce this fear of wrong time . Market timing is not fail proof for most investors on average. If you invest a certain amount every month or every week then you are never buying at the top and you are never missing the bottom. This balances your average purchase price.

Third the saying there is no wrong time is true in one sense but it has a condition. If you are looking for short term profit then yes there is such a thing as wrong time. But if the perspective is 4 5 years or more then history shows that buying at any time has become the right decision. Because the price of Bitcoin is constantly rising.

[Finebone]

Regardless of how much Bitcoin you have, you should continue to accumulate Bitcoin for as long as you have a source of discretionary income. When you calculate the numbers and set a goal, it can make you focus only on Bitcoin, but you also need to having real assets.

I'm not sure what you mean by having real assets, if you are implying that bitcoin isn't a real asset then you are very wrong as bitcoin is as real an asset as any other asset you probably had in mind when you wrote this statement and even holds more water than most of those other assets do seeing as it's value has increased in ways most of these other assets will never be able to manage, what you are trying to say would make more sense if you used physical assets that is if that's what you meant in the first place.

Don't slow down your Bitcoin accumulation until discretionary income is maintained because if you can't assess the timing correctly, buying at the wrong time will increase the average value of your portfolio. So keep accumulating Bitcoin as long as you are physically fit and earning, and try to keep your portfolio fresh by making frequent buying.

I certainly don't understand how buying at the wrong time will increase the average value of your portfolio, I don't even understand how there is a wrong time to buy bitcoin in the first place, my understanding of bitcoin investment so far has been that there is never a wrong time to buy, though price fluctuates but this is not enough reason to designate bitcoin being in a particular price range as the right time to invest, but for assumption sake let's just assume that there is a right and a wrong time to invest, how does buying at the wrong time increase your average portfolio??
Your statement is just too confusing for me, maybe there is a meaning to it that I'm missing

It seems like he is a bit confused on what he is trying to say, because judging by his rank and his time in the forum, he shouldn't be saying those shit, because someone that is well informed wouldn't be thinking that bitcoin is not a real asset or their is a wrong time to buy Bitcoin.
I don't know what's going on in his mind but if he is truly informed, he shouldn't be saying that, but I refuses to accept that he is dumb, that's why I say that he is just confused on what he is trying to say.

[Hardyrobust]

Those of you who already know and can differentiate between investing and trading should be willing to guide those who don't, not call them stupid. Because most people who trade by buying Bitcoin are still learning, and some of them still don't understand the difference between investing and trading, so they often think they're the same.

Many people are new to cryptocurrency and don't know much about investing or trading.
Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.
And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Why do you want to combine Bitcoin holding with trading, if an investor wants to make a long-term investment then only Bitcoin plays a sufficient role and there is no other option. Because here every investor will be busy buying Bitcoin only at the present time, because if you buy Bitcoin you can hold it for a long time, for this the DCA method plays the best role. Because if you invest Bitcoin weekly and if you can invest $ 50 to $ 100 every week, then it will definitely convert to $ 400 at the end of the month.
That is why success is guaranteed through Bitcoin investment only because try to collect Bitcoin and hold it for a long time.

There was a reason they said we should use what we can afford to let go in our Bitcoin Investment and there is also a little risk attach to it and so saying success is guarantee in Bitcoin investment is what I don't really agree 100 percent because there is no investment that is guarantee because if it is guarantee I doubt we would have been advised to use what we can afford to let go but regardless I believe in Bitcoin and I know it will do great in years coming but that doesn't mean it is 100 percent guarantee.

I don't see any risk in accumulating according to your afford. Typically you have one or more sources of income every week and from there you earn and spend on your family and save the rest of the money or spend it on a luxurious lifestyle. No one will recommend you to accumulate Bitcoin beyond your affordability if you ask those experienced investors for advice. They will advise you to Bitcoin from discretionary income because there is no such thing as a sure thing in investing. Accumulating beyond your afford means you are excessively emotional or want to do short-term trading. Don't rush into investing.

It's okay if you trust in Bitcoin deeply but you should always have alternative finances available. Use discretionary income for Bitcoin because regular accumulation reduce the risk to a great extent in any situation, volatile or stable.

in other not to over stretch oneself and to avoid putting oneself into unnecessary pressures we should always invest within our discretionary income. It wont make sense to be investing more than our discretionary income, especially since we are investing in bitcoin for long term . Putting more than what one can afford , can lead to the temptation of dipping hand into our investment before the time we are planning to hold. Therefore it is always a good investment practice to invest with one discretionary income.

[Dunamisx]

When considering for Bitcoin investment, we have to plan ahead and be well prepped in other to ensure this was not altered along the way after we might have invested, knowing what to do is as important as taking the right step or making the right moves.

When you invest in bitcoin, you already placed yourself in a better edge for profitability, but this will have to take some time for the maturity of what you have invested, it also further explains using a more conducive strategy that could make everything at a flexible approach, because we know how and when to buy and sell when due for it.

[LOCKACO]

When considering for Bitcoin investment, we have to plan ahead and be well prepped in other to ensure this was not altered along the way after we might have invested, knowing what to do is as important as taking the right step or making the right moves.

When you invest in bitcoin, you already placed yourself in a better edge for profitability, but this will have to take some time for the maturity of what you have invested, it also further explains using a more conducive strategy that could make everything at a flexible approach, because we know how and when to buy and sell when due for it.

the fact remains that while acquiring bitcoin one must be aware that it's not a get rich tomorrow scheme, so therefore acquiring bitcoin should be an investment for the long-term goal, so one should be willing to keep investing for atleast a period of 5 or more years while his accumulative profit increases, except there is an emergency or urgent need for funds. So for people who want a get rich fast scheme i will advise you join a different source

[TerkAnd]

This means that buying at the time when the price is on the increase is not wisdom