Buy Buy Buy or Sell Sell Sell?

[abaeze]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase,

That's not the mindset of the traders only, holders purchase on dip knowing that bitcoin will definitely increase and it increase will be greater than now, example, bitcoin hits sixty thousands [60k] last year, and before it got to sixty thousands, the price were below 60k, but this year the price hits hundreds and twenty four thousand [124k] which nobody knew that the price will increase to such price, even next year the price can be more than the current price, so immediately the price of Bitcoin falls from 124k many rush and purchase knowing the next move will be higher than 124k.

No one can predict in advance which direction the market will move next, that's why it's a challenge for big investors to decide when to buy Bitcoin. However, I think investors shouldn't analyze the market too much when investing in Bitcoin. There are many ways to analyze the market, but those who are interested in investing may think that the Bitcoin market was very low at this time last year, so the market may go down again this year, so that investor refrains from investing and waits for the market to go down. This is definitely a misconception, seeing that the market was at a low level last year, there is no reason to think that the Bitcoin market will go down in the future. Maybe those who are delaying investing so much may be waiting for the market to go down, but the market did not go down, but the market went up, but this opportunity will also be missed for all those investors.
‎

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

[Sonia_123]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase,

That's not the mindset of the traders only, holders purchase on dip knowing that bitcoin will definitely increase and it increase will be greater than now, example, bitcoin hits sixty thousands [60k] last year, and before it got to sixty thousands, the price were below 60k, but this year the price hits hundreds and twenty four thousand [124k] which nobody knew that the price will increase to such price, even next year the price can be more than the current price, so immediately the price of Bitcoin falls from 124k many rush and purchase knowing the next move will be higher than 124k.

No one can predict in advance which direction the market will move next, that's why it's a challenge for big investors to decide when to buy Bitcoin. However, I think investors shouldn't analyze the market too much when investing in Bitcoin. There are many ways to analyze the market, but those who are interested in investing may think that the Bitcoin market was very low at this time last year, so the market may go down again this year, so that investor refrains from investing and waits for the market to go down. This is definitely a misconception, seeing that the market was at a low level last year, there is no reason to think that the Bitcoin market will go down in the future. Maybe those who are delaying investing so much may be waiting for the market to go down, but the market did not go down, but the market went up, but this opportunity will also be missed for all those investors.
‎

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

Sounds more like a trader, investors don't buy at a lower price and sell at a higher price to make profit, and wait for another fall to buy and make profit, instead they buy bitcoin more to accumulate in their portfolio when the price is low and hodl it for a long term in other to make future profit, because the longer they hodl bitcoin the more profit they make and not instant profit which is known as a short term investment which has now made you a trader and not an investor, one can not really say when the price of bitcoin will go up or down.

[Churchillvv]

[edited out]

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You are very correct on this , if anyone have over accumulate his Bitcoin for long it is good for him or her to make a withdraw reason being that if you have invested  Bitcoin enough in some duration of years and the Bitcoin is growing like 20% of your income you can make a withdraw of 10%. some time some people miscalculate and they regret of miss using their over accumulation. sometimes will punish ourselvez after all for not being aggressive enough it is not really a little  mistake then  it is better to have good orientation to invest through the years  than not investing , so no Bitcoin will be in a worse condition  and really there will be a lot in a worse period  who had not been over accumulation.

Judging from your registration date, you’re obviously a newbie and less than a month in the forum yet I will do you the favour to educate you quoting pyramid, quoting a long wall of text from JayJuanGee or any other forum member you need to cut out only the exact place you want to add your opinion or disagree with and not to make the thread unreadable by quoting a wall of text with only a few lines under as your contribution or opinion, however, as a newbie you should learn from others how to quote or learn from how I snipped the whole text to only yours. I hope you learn from now.

[Tonimez]

Financial needs can arise at any time in people's daily lives, and this is why a long-term investment must use that money, that you will not need in any situation, that is, you can handle the situation without this money in any unexpected situation. So after meeting all your expenses from your income, invest the remaining amount, and even if it is very small in amount, there is no problem, because if this cycle continues continuously, this small amount of money will eventually become very large. But if you invest the necessary amount, and when you need that money, if you sell that investment before the goal is complete, then you will have to face a very big loss, which is why Bitcoin investment should be invested continuously through discretionary income, so that it can be held for the long term without any problem.

Yeah this unforeseen circumstances is the reason why is advised for an investor to set aside emergency fund and also back up funds or reserve funds because this funds is what will guide you all throughout your accumulation journey, without you keeping this above mentioned funds in place be rest assured that your accumulation journey will not be completed Because when emergency arise in the future you will not have any other funds you can dip hand to solve this problem apart from your bitcoin investment especially when the emergency requires immediate attention at this point you won't have the opportunity to think for any possible way out. Moreover you can't think of going for loan when you already have a huge amount of money in your bitcoin investment, the only option there is to sell. but if you have emergency fund or reserve funds you will worry less because you have other alternative aside from your bitcoin investment this is the reason why emergency fund and reserve funds need to be make available in all time.

In your bitcoin accumulation process, your cashflow management is very crucial to the success of your entire bitcoin long-term goal. An investor who has a stable income stands better chances of succeeding in bitcoin than an investor who does not have a stable source of income or is a contract worker. Here, it is quite difficult to protect your bitcoin when you have not kept an emergency funds ready through a calculated cashflow management. Your discretionary income is that percentage of your income that you don't need for any immediate attention: that percentage of your income that remains after taking care of your basic responsibilities '. This fund is the best for investing in bitcoin and creating a back up funds and emergency funds. It is your emergency funds that you run to whenever there is an emergency situation before your next payday and by so doing, one can be assured of holding his bitcoin through some cycles of bitcoin.

[Edited out]

You are very correct on this , if anyone have over accumulate his Bitcoin for long it is good for him or her to make a withdraw reason being that if you have invested  Bitcoin enough in some duration of years and the Bitcoin is growing like 20% of your income you can make a withdraw of 10%. some time some people miscalculate and they regret of miss using their over accumulation. sometimes will punish ourselvez after all for not being aggressive enough it is not really a little  mistake then  it is better to have good orientation to invest through the years  than not investing , so no Bitcoin will be in a worse condition  and really there will be a lot in a worse period  who had not been over accumulation.

It is not just about accumulating bitcoin for a long time, the question is, have you reached your over accumulation  target? How long do you still have in active service? What is your age? Do you actually NEED to sell the bitcoin?

Most times investors get carried away by time and they go about making mistakes and brag about how long they have been an investor in bitcoin without considering how much they have invested. This is why it is very important to always be aggressive in your bitcoin journey but not over doing it. In your aggressiveness, you have to maintain your investments with only your discretionary income. This however entails that aggressive accumulation should always come when you either have an increased income or a reduced responsibilities. This will allow you to have more discretionary income with which you can invest more aggressively. As a beginner, you have to aim at investing for a very long time over 4 to 10 years and still counting as long as you are still in your active service or has no emergency needs to sell off your bitcoin stash.

What you regard as taking profit only sounds right when you have reached your over accumulation target and this does not just happen when you don't have any crucial need to sell  because selling off your bitcoin stash should not be considered fun.

~
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It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

This is summarised with the term bitcoin volatility. This is the power of bitcoin and this is the more reason bitcoin enthusiasts advocate for a long term holding when there would be higher probability of experiencing a cumulative gain per bitcoin. As a good investor, you need to have an accumulation target and plan on how to achieve it within your financial strength ensuring that you don't get distracted on your way to achieving your accumulation goal. So there's no need taking your supposed profit when you haven't achieved your over accumulation target because such attitude is to traders. Selling to buy at lower price is the attribute of bitcoin traders and most times they end up not re-investing in bitcoin or they buy at loss in order to remain in the bitcoin investment. You may buy your bitcoin at $109k and then decided to sell at $115k, you waited for it to dip back to $109k for you to reinvest but it's heading up and now at over $122k. What will you do, you either buy at loss or stay out of bitcoin.

[Olatundespo]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase,

That's not the mindset of the traders only, holders purchase on dip knowing that bitcoin will definitely increase and it increase will be greater than now, example, bitcoin hits sixty thousands [60k] last year, and before it got to sixty thousands, the price were below 60k, but this year the price hits hundreds and twenty four thousand [124k] which nobody knew that the price will increase to such price, even next year the price can be more than the current price, so immediately the price of Bitcoin falls from 124k many rush and purchase knowing the next move will be higher than 124k.

No one can predict in advance which direction the market will move next, that's why it's a challenge for big investors to decide when to buy Bitcoin. However, I think investors shouldn't analyze the market too much when investing in Bitcoin. There are many ways to analyze the market, but those who are interested in investing may think that the Bitcoin market was very low at this time last year, so the market may go down again this year, so that investor refrains from investing and waits for the market to go down. This is definitely a misconception, seeing that the market was at a low level last year, there is no reason to think that the Bitcoin market will go down in the future. Maybe those who are delaying investing so much may be waiting for the market to go down, but the market did not go down, but the market went up, but this opportunity will also be missed for all those investors.
‎

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

If you buy Bitcoin and keep counting profits, you will be known as a short term trader. And short term traders can never expect high profits  they are always happy to get small profits but in reality  they cannot maintain transparency with their capital and are periodically hit by losses. Since investors cannot predict the price you have to follow the DCA method for accumulating Bitcoin. In addition buying more Bitcoin during a price drop will increase the size of your portfolio. Set a time frame for Bitcoin and do not count profits. If you go to count profits you will always be worried about selling Bitcoin at least $5 in profit. The initial stages of investing Bitcoin are very important for you. If you have a short term mindset during this period  it will make you greedy and greed will always be one of the reasons for your financial. So focus on long term Bitcoin accumulation and follow DCA.

[7juju]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase,

That's not the mindset of the traders only, holders purchase on dip knowing that bitcoin will definitely increase and it increase will be greater than now, example, bitcoin hits sixty thousands [60k] last year, and before it got to sixty thousands, the price were below 60k, but this year the price hits hundreds and twenty four thousand [124k] which nobody knew that the price will increase to such price, even next year the price can be more than the current price, so immediately the price of Bitcoin falls from 124k many rush and purchase knowing the next move will be higher than 124k.

I won't really say that people didn't know that bitcoin price will get to the $124k it got to, because there has been many speculations that were already ongoing that bitcoin was going to hit $100k and above because of the massive adoption from various government and private institutions. The signs were already there that bitcoin was going to hit that price and even go beyond it. If not for the unrest (war) and threats of war between some strong nations that has been going around the world, bitcoin would have gone beyond $124k we witnessed so far.

[Skydrill]

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If a person starts investing by acquiring only basic knowledge and then if he continues investing without acquiring any more knowledge, then he may collapse after a while. For example, due to lack of proper financial management, due to wrong decisions about investment, etc. Therefore, it is very necessary for a person to gain knowledge after investing.

What you are saying here is very true, basic knowledge alone about Bitcoin is not enough for a Bitcoin investor to have an be successful on the longer run, what all Investors are advice to do after starting is to seek for more knowledge on Bitcoin and what needs to be done to hold effectively, like having an emergency and reserve funds in place so that if for any reason an emergency situation arises in the future, you wouldn't have to fall back to your investment for survival or dip hands into your investment just to sorts out one emergency needs.
Lack of the right knowledge is mostly the brain behind most Investors failing in their investment, that's why going for more knowledge on Bitcoin is very much fundamental to the success of your investment.

It’s as simple as you just require little knowledge before starting bitcoin, I don’t think it’s will be a good idea for you to wait to get all the knowledge in the world about bitcoin before you could get started, you can as well start investing in bitcoin and then you can start gaining more knowledge along the line as you’re learning, I know so many people have different preferences when investing in bitcoin, the most important is a strategy that could best work for an individual most especially getting started is very important and crucial when investing in bitcoin for a long term purpose.

We should also understand that Bitcoin investment is very different from trading and so in Bitcoin investment you don't need to know everything before investing as that may not even be possible to gather all the necessary knowledge or know everything about Bitcoin investment before venturing into it. At a start all one need is just to know how to split your income into various section or parts and then know how to accumulate or buy your Bitcoin from your discretionary Income, using a wallet that best suit you and also ensure to keep your seed phrase safe and every other thing will be learn later as the person progresses.

When you say one doesn't need to know everything about bitcoin because there may not be enough time to gather all the necessary knowledge about bitcoin it gets me very confused because those vital informations involved in Bitcoin is what one requires to venture into Bitcoin diligently and I think neglecting them could be disastrous at the long run, if an individual must make profit he has to have the requisite knowledge about Bitcoin to maximize his or her chances of making profit and not losses.

[Skydrill]

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If a person starts investing by acquiring only basic knowledge and then if he continues investing without acquiring any more knowledge, then he may collapse after a while. For example, due to lack of proper financial management, due to wrong decisions about investment, etc. Therefore, it is very necessary for a person to gain knowledge after investing.

What you are saying here is very true, basic knowledge alone about Bitcoin is not enough for a Bitcoin investor to have an be successful on the longer run, what all Investors are advice to do after starting is to seek for more knowledge on Bitcoin and what needs to be done to hold effectively, like having an emergency and reserve funds in place so that if for any reason an emergency situation arises in the future, you wouldn't have to fall back to your investment for survival or dip hands into your investment just to sorts out one emergency needs.
Lack of the right knowledge is mostly the brain behind most Investors failing in their investment, that's why going for more knowledge on Bitcoin is very much fundamental to the success of your investment.

It’s as simple as you just require little knowledge before starting bitcoin, I don’t think it’s will be a good idea for you to wait to get all the knowledge in the world about bitcoin before you could get started, you can as well start investing in bitcoin and then you can start gaining more knowledge along the line as you’re learning, I know so many people have different preferences when investing in bitcoin, the most important is a strategy that could best work for an individual most especially getting started is very important and crucial when investing in bitcoin for a long term purpose.

We should also understand that Bitcoin investment is very different from trading and so in Bitcoin investment you don't need to know everything before investing as that may not even be possible to gather all the necessary knowledge or know everything about Bitcoin investment before venturing into it. At a start all one need is just to know how to split your income into various section or parts and then know how to accumulate or buy your Bitcoin from your discretionary Income, using a wallet that best suit you and also ensure to keep your seed phrase safe and every other thing will be learn later as the person progresses.

When you say one doesn't need to know everything about bitcoin because there may not be enough time to gather all the necessary knowledge about bitcoin it gets me very confused because those vital informations involved in Bitcoin is what one requires to venture into Bitcoin diligently and I think neglecting them could be disastrous at the long run if an individual must make profit,

[IceLincoln]

If you have an emergency fund of three to six months, then you are ready.

In Bitcoin investment, it is not mandatory to keep 3-6 months salary in emergency fund, but yes, it is useful for your emergency situations, like an umbrella on a rainy day. If a person has a discretionary income, then he is ready to invest.

No, of course you should have an emergency fund that lasts for 3 to 6 months, it is mandatory and must be mandatory, because unexpected situations naturally come in people's daily lives, unexpected situations can come at any moment, so we must prepare for this.

We need to hold Bitcoin holdings for the long term and for this we need to prepare to handle any unexpected situation, and for this, funds are mandatory.

You should not waste time preparing an emergency fund before investing, because it will delay you from starting investing, first start investing and then prepare an emergency fund as soon as possible according to your ability, and of course prepare an amount of funds that will support you for three to six months.

I think that an emergency fund should not be considered an option, but a mandatory basis, no matter how stable a person's income is, unexpected events come suddenly in life, no one can ignore it, so in addition to continuing to invest, one should keep in mind the issue of protection during unexpected situations and for this, an emergency fund is mandatory.

This particular stuff has been discussed here over and over again, I’m surprised people are still getting confused or carried away by their ideologies. Investment comes from your discretionary income, building your emergency and reserve funds also comes from your discretionary income. When investing in bitcoin you don’t need to wait to build an emergency funds first before you can start investing, you can choose to start investing and creating your emergency at the same time or start investing and along the line start creating your emergency funds.
The Importance of emergency and reserve funds is to save you from touching your investment portfolio at times of crisis. It is not mandatory to have emergency funds before you start investing but it becomes mandatory to have emergency funds to sustain your long term hodling plans.

[Skydrill]

~~~

Facts, bro. Too many people miss out because they want to catch that perfect dip, but in reality nobody can time Bitcoin perfectly. The best move is consistency, DCA keeps you in the game without stress, and over time those little stacks build into something big. At the end of the day, it’s not about being the smartest trader, it’s about having the discipline to stay in and let Bitcoin do its thing.

I also agree more with your last point because any investor who still believes in Bitcoin is clearly not a trader or a craftsman who frequently predicts the timing and price of Bitcoin on a daily and weekly basis. Because their primary goal remains to buy Bitcoin as a foundation to grow their own Bitcoin holdings and also to see how much and how consistently they achieve that. Accumulating Bitcoin through DCA has truly provided the easiest path for everyone because this method can be done by anyone with an uncertain amount of funds.

So I also still like this method and also like the point you mentioned, where every investor must have endurance in terms of carrying out investments and must also have discipline in terms of implementing long-term investment methods without confusing their own thoughts and basic goals with price volatility that is still often seen in the market.

Well, I have always been an advocate of the long term plan which connotes consistency which is also a very important factor as far as Bitcoin is concerned, moreover a lot of people have their a different perspective or ideas on how to approach Bitcoin but overtime it has been somewhat proven that consistency engenders much growth but due to inpatients and due to fear and pressure a lot of investors tends to engage the short term approach which I think isn't that bad but might not be as rewarding as the long term arrangements.

[Showlove01]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase,

That's not the mindset of the traders only, holders purchase on dip knowing that bitcoin will definitely increase and it increase will be greater than now, example, bitcoin hits sixty thousands [60k] last year, and before it got to sixty thousands, the price were below 60k, but this year the price hits hundreds and twenty four thousand [124k] which nobody knew that the price will increase to such price, even next year the price can be more than the current price, so immediately the price of Bitcoin falls from 124k many rush and purchase knowing the next move will be higher than 124k.

No one can predict in advance which direction the market will move next, that's why it's a challenge for big investors to decide when to buy Bitcoin. However, I think investors shouldn't analyze the market too much when investing in Bitcoin. There are many ways to analyze the market, but those who are interested in investing may think that the Bitcoin market was very low at this time last year, so the market may go down again this year, so that investor refrains from investing and waits for the market to go down. This is definitely a misconception, seeing that the market was at a low level last year, there is no reason to think that the Bitcoin market will go down in the future. Maybe those who are delaying investing so much may be waiting for the market to go down, but the market did not go down, but the market went up, but this opportunity will also be missed for all those investors.
‎

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

Are you really advising investors to sell their Investment when the price of Bitcoin increase? That is a very wrong advise if you ask me and it is only newbie that doesn't know their left and their right will listen to what you are saying because someone who knows the reason why he or she is investing in Bitcoin will never for one day think of selling their investment because of uptrend in the market and please don't give such advise here before you distract, confuse and mislead newbie because the right way is to buy and hold Bitcoin for a long period of time because Bitcoin will definitely do better in the future.

[ZeroVinsonN]

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation.

Certainly, the price of bitcoin isn't something people can just come out and say that they can predict, it's as spontaneous as it gets which is why we keep seeing failed predictions and even when the prediction actually comes through, it's usually due to chance and not because of any prediction skill on the side of the person claiming to be able to predict the rise and fall of the price of bitcoin, so while it may be true that the price went down last year there is no guarantee that it will not fall this is year as well same way there is no guarantee that it will not fall, we can trust to a relative extent that the upward movement of the price will be more than the downward movement but that's not as a result of any prediction skill but because bitcoin has maintained this trend for years now and would most likely continue.

So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

You are saying to sell even when you are supposed to still be accumulating simply because the price went up and then to buy when it goes back down, ignoring the trader mentality in this statement, what if the price doesn't go down again, what will you do then??if you are a bitcoin trader then I won't tell you to not sell because at the end of the day it's your choice to make but bringing that opinion to a thread for bitcoin investors is wrong, and investor doesn't sell because the price of bitcoin went up, and investor sells because it finally time for him to sell which can either be determined by his investment plan; to start selling after accumulating for a particular period of time which was probably already decided from when he began investing in bitcoin in the first place or after accumulating up to a particular quantity/amount of bitcoin but not because of a bull run.

[EG_O]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase,

That's not the mindset of the traders only, holders purchase on dip knowing that bitcoin will definitely increase and it increase will be greater than now, example, bitcoin hits sixty thousands [60k] last year, and before it got to sixty thousands, the price were below 60k, but this year the price hits hundreds and twenty four thousand [124k] which nobody knew that the price will increase to such price, even next year the price can be more than the current price, so immediately the price of Bitcoin falls from 124k many rush and purchase knowing the next move will be higher than 124k.

No one can predict in advance which direction the market will move next, that's why it's a challenge for big investors to decide when to buy Bitcoin. However, I think investors shouldn't analyze the market too much when investing in Bitcoin. There are many ways to analyze the market, but those who are interested in investing may think that the Bitcoin market was very low at this time last year, so the market may go down again this year, so that investor refrains from investing and waits for the market to go down. This is definitely a misconception, seeing that the market was at a low level last year, there is no reason to think that the Bitcoin market will go down in the future. Maybe those who are delaying investing so much may be waiting for the market to go down, but the market did not go down, but the market went up, but this opportunity will also be missed for all those investors.
‎

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

This is a trader's way of doing things. If you sell at every market bump, what differentiates you from other Bitcoin gamblers? Again, if you advise someone to sell because you feel the price is good now, won't you buy back? No matter how you try to make trading look juicy, it is a bad idea to trade Bitcoin while claiming to be an investor. As an investor, you set target for your target and also set a target for the least holding period. This does not mean that you must have to sell your Bitcoin after that period. The price of Bitcoin is still growing and it is not going to stop. So if you choose to sell now, also have in mind that you may buy back at a higher price.

[ChocolateBitcoinK]

Are you really advising investors to sell their Investment when the price of Bitcoin increase? That is a very wrong advise if you ask me and it is only newbie that doesn't know their left and their right will listen to what you are saying because someone who knows the reason why he or she is investing in Bitcoin will never for one day think of selling their investment because of uptrend in the market and please don't give such advise here before you distract, confuse and mislead newbie because the right way is to buy and hold Bitcoin for a long period of time because Bitcoin will definitely do better in the future.

We must remain steadfast in holding for the long term, no matter how much Bitcoin goes down or up in the short term, we just have to maintain the mentality of holding, keep buying consistently and instead of thinking about making short-term profits, maintaining a long-term mentality is the right decision. The real investor's decision is to patiently hold it for the long term, without being distracted by the temptation of short-term prices, because it is a system of financial success for the future.

[Cossyblack]

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

Why are you so concerned with volatility of the market. I get it now,Bitcoin changes in price frightens you because you invested for the short term and by the way,judging from your post, it's obvious that the price isn't going your way and that's why your re so emotionally & mentality stressed trying to predict the market accurately. It baffles me when people choose timing the market over consistency,whereas Consistency beats timing and it has been proven to be more rewarding in the long Run. No doubt about it,you are a trader and no matter how professional you may be in your trades,you will never enjoy the full rewards of investing in Bitcoin if you're not a long term Holder.

[Gallar]

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

The price of bitcoin is very difficult to predict, that's why if we only buy when the price drops and sell when the price is high, I think such actions are not good. Because basically we don't know when bitcoin will rise or fall in price. So that's why many people recommend investing in the long term in bitcoin. Because by investing long-term, during the accumulation process we don't need to bother thinking about rising or falling prices. Because basically our job is just to continue to accumulate bitcoin using the discretionary funds we have, until our target is actually achieved. I think doing that is much better than having to be a trader who must always monitor the market and wait for a price drop when buying.

[Grace333]

No one can predict in advance which direction the market will move next, that's why it's a challenge for big investors to decide when to buy Bitcoin. However, I think investors shouldn't analyze the market too much when investing in Bitcoin. There are many ways to analyze the market, but those who are interested in investing may think that the Bitcoin market was very low at this time last year, so the market may go down again this year, so that investor refrains from investing and waits for the market to go down. This is definitely a misconception, seeing that the market was at a low level last year, there is no reason to think that the Bitcoin market will go down in the future. Maybe those who are delaying investing so much may be waiting for the market to go down, but the market did not go down, but the market went up, but this opportunity will also be missed for all those investors.
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It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

Bruh, you actually sound more like a trader, instead of a long term investor the way you’re talking about it…  And even what you said about calculating profits, buying when it dips, and selling when it rises, that is just the trader mindset there..  Long term investors do not usually care too much about all those short term moves or whether the price fell last year or not, bro just keep stacking and holding for the long game..  Our focus should be more on where Bitcoin will be in 5 to 10 years, not what happens in a few weeks or months..

But concerning what you said about things like global economy, policies, and even investor sentiment are true, But It is just that traders and holders see those things differently..  Long term investors just ignore those noise and keep accumulating..

[Finebone]

The price of bitcoin is very difficult to predict, that's why if we only buy when the price drops and sell when the price is high, I think such actions are not good. Because basically we don't know when bitcoin will rise or fall in price. So that's why many people recommend investing in the long term in bitcoin.

Anyone that buys Bitcoin and sell in a very short timeframe just because Bitcoin has rose in value is not an investor, but a trader. And investor in Bitcoin is someone that bought and accumulate a huge stash of bitcoin over the years and hold for a very long time, without selling irrespective of how far the value of Bitcoin has grown, and that's the best way to build a generational wealth overtime, not buying and selling for gains that wouldn't have any significant impact on your finance status.

When you say one doesn't need to know everything about bitcoin because there may not be enough time to gather all the necessary knowledge about bitcoin it gets me very confused because those vital informations involved in Bitcoin is what one requires to venture into Bitcoin diligently and I think neglecting them could be disastrous at the long run if an individual must make profit,

You don't need to be confused in what he is trying to say mate, what he meant is that once you have the basic knowledge on Bitcoin, you can start your accumulation journey and along the line you can seek further knowledge on Bitcoin and what am what is required to hold strong into the future, but if you decide to seek knowledge first, you might be left behind because their is no time to waste, by being perfect before you start, that's what he is trying to say.

[Lidger]

The best time to accumulate Bitcoin is not when the price is low, although it is the traders that think in this direction because they want to buy low and sell on an increase,

That's not the mindset of the traders only, holders purchase on dip knowing that bitcoin will definitely increase and it increase will be greater than now, example, bitcoin hits sixty thousands [60k] last year, and before it got to sixty thousands, the price were below 60k, but this year the price hits hundreds and twenty four thousand [124k] which nobody knew that the price will increase to such price, even next year the price can be more than the current price, so immediately the price of Bitcoin falls from 124k many rush and purchase knowing the next move will be higher than 124k.

No one can predict in advance which direction the market will move next, that's why it's a challenge for big investors to decide when to buy Bitcoin. However, I think investors shouldn't analyze the market too much when investing in Bitcoin. There are many ways to analyze the market, but those who are interested in investing may think that the Bitcoin market was very low at this time last year, so the market may go down again this year, so that investor refrains from investing and waits for the market to go down. This is definitely a misconception, seeing that the market was at a low level last year, there is no reason to think that the Bitcoin market will go down in the future. Maybe those who are delaying investing so much may be waiting for the market to go down, but the market did not go down, but the market went up, but this opportunity will also be missed for all those investors.
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It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

Long-term investment does not mean that you buy Bitcoin at a low price and sell it when you make some profit. If you have such an idea in your mind, then compare it with trading instead of investing. Investment is usually done with a long-term plan and during this long period the market changes positively and negatively, which has some impact on the investor's investment. Many times it is seen that the market changes a lot and many investors have a good amount of profit in their investment, but even then investors do not sell their investment because the objectives of all these investors are different, investors want to hold their investment for a long time so that they can earn a good amount of profit at the end of a certain period even from small profits. So please do not mix investment and trading in the same thing.

[gracreavix]

It is true that the price fell last year, so the price may not fall again this year. The price of BTC is not based on the time of the day before or the next day or does not follow the previous year's calculation. The movement of the market depends on many factors. For example: institutional investment and the global economy, sometimes government policies and human adaptation, the price is higher or lower. So no one can say for sure when the price will go up or down or how much it will go down. So calculate your profit and sell when the price increases significantly or makes a profit and keep buying Bitcoin when the price starts to fall.

The price of bitcoin is very difficult to predict, that's why if we only buy when the price drops and sell when the price is high, I think such actions are not good. Because basically we don't know when bitcoin will rise or fall in price. So that's why many people recommend investing in the long term in bitcoin. Because by investing long-term, during the accumulation process we don't need to bother thinking about rising or falling prices. Because basically our job is just to continue to accumulate bitcoin using the discretionary funds we have, until our target is actually achieved. I think doing that is much better than having to be a trader who must always monitor the market and wait for a price drop when buying.

Bruh, trying to time the market will only stress you, you can’t knows when Bitcoin will rise or fall. The best thing is just to keep stacking your BTC little by little when you can and stay consistent...  Long term holding makes more sense, especially if you believe in Bitcoin future.. 
Trading might look exciting, but it is not easy to get the perfect entry or exit..  For me, I would rather focus on building my stack and not worry too much about short term price movements, because it drains..