Buy Buy Buy or Sell Sell Sell?

[Emjay24]

You can also apply the DCA momentum too, it's slower but safer because you can invest a fixed amount monthly same as the loan payment in bitcoin incase things gets rough your sure of your financial flexibility.

I won't agreed with you that the DCA strategy is slower i believe it's should be one of the fastest way to accumulate bitcoin if you have money lump sum instead of also just waiting for dip to accumulate you can be accumulating weekly/monthly you will accumulate alot of bitcoin if you regularly this for 4-10 years, there are bitcoin accumulators that has big money as there discretionary income which they use to DCA either weekly/monthly so the DCA strategy can't be a slow method to accumulate bitcoin what then will you say for some one using the buy the dip strategy to accumulate bitcoin.

Punctuating your sentences would help your reader understand your points better, take note of that.

DCA strategy is effective, yes but its for people that don't have large discretionary income to lump sum or front load their button investment journey from the onset. It is slower compared to the quantities that could be accumulated by the others I mentioned. Waiting for the dip as a first timer in Bitcoin or someone that is still a low coiner is a bad investment practice and not an item for consideration here.

DCA offers people with low discretionary income the opportunity to buy Bitcoin in smaller quantities with a slow and steady pace over a long period of time thereby smoothening the effect of volatility on their investment and removing the pressure of having to buy larger quantities at once which they cannot afford.

Investors who front load their investment continues with regular DCA to get to their desired target but not everyone that lump sum still DCAs, some people with large discretionary income buy once and reaches their accumulation target, you can see that they're faster than a regular investor using DCA.

[I_Anime]

There is absolutely no need for technical analysis skills in order to get started in bitcoin. The way to get started in bitcoin is by getting started and there are hardly any requirements to getting started outside of common sense and abilities to learn, which an overwhelming majority of people have, even though they may well need to learn things in order to adapt and adopt bitcoin into their lives.  They don't need to know shit about technical analysis except perhaps spending about 30 seconds looking at a chart and seeing that number tends to go up.. even though it may or may not continue to go up.. they don't need to get overly preoccupied about BTC prices, and they can adjust their starting out amount to account for how much they might be lacking in various kinds of knowledge about bitcoin and about various other matters (perhaps everything) that can be related to bitcoin and/or affecting bitcoin prices now and into the future.

Exactly this is what some users use to encourage procrastination, how many time are they going to mention it here accumulating bitcoin does not require any technical skill , anyone can literally pull it off just Aslong you have your cashflow , basic knowledge ( like how to buy , where to buy , how to store bitcoin ) . And you are good to go .

May be as time go if you want to further your knowledge about bitcoin then you can, just keep your accumulation simple and as you go for the knowledge nothing spoil .

[sotelorene]

There is absolutely no need for technical analysis skills in order to get started in bitcoin. The way to get started in bitcoin is by getting started and there are hardly any requirements to getting started outside of common sense and abilities to learn, which an overwhelming majority of people have, even though they may well need to learn things in order to adapt and adopt bitcoin into their lives.  They don't need to know shit about technical analysis except perhaps spending about 30 seconds looking at a chart and seeing that number tends to go up.. even though it may or may not continue to go up.. they don't need to get overly preoccupied about BTC prices, and they can adjust their starting out amount to account for how much they might be lacking in various kinds of knowledge about bitcoin and about various other matters (perhaps everything) that can be related to bitcoin and/or affecting bitcoin prices now and into the future.

Exactly this is what some users use to encourage procrastination, how many time are they going to mention it here accumulating bitcoin does not require any technical skill , anyone can literally pull it off just Aslong you have your cashflow , basic knowledge ( like how to buy , where to buy , how to store bitcoin ) . And you are good to go .

May be as time go if you want to further your knowledge about bitcoin then you can, just keep your accumulation simple and as you go for the knowledge nothing spoil .

I agree with you and maybe the person who is taking about technical skill is a newbie who is mistaken Bitcoin investment to trading because in Bitcoin investment we don't need such skill before we start accumulating or buying because we  are not traders, only traders will want to learn all the skills both fundamental and technical skills  just to outsmart the market but most times they ended up deceiving themselves by incurring losses. In Bitcoin investment we don't only need to know how to invest, get cash flow but rather we also need to have the long term mindset and discipline ourselves to be patient enough.

[Nightwatchmare]

There is absolutely no need for technical analysis skills in order to get started in bitcoin. The way to get started in bitcoin is by getting started and there are hardly any requirements to getting started outside of common sense and abilities to learn, which an overwhelming majority of people have, even though they may well need to learn things in order to adapt and adopt bitcoin into their lives.  They don't need to know shit about technical analysis except perhaps spending about 30 seconds looking at a chart and seeing that number tends to go up.. even though it may or may not continue to go up.. they don't need to get overly preoccupied about BTC prices, and they can adjust their starting out amount to account for how much they might be lacking in various kinds of knowledge about bitcoin and about various other matters (perhaps everything) that can be related to bitcoin and/or affecting bitcoin prices now and into the future.

Yes, you are correct. People who are investing in Bitcoin with a long term mindset have nothing to do with learning technical analysis skills because it will be of no good to their accumulation journey. What they should care to figure out is their cash flow, determining whether they we have discretionary income to invest in Bitcoin. And if they are sure they have discretionary income, they can get started with accumulating Bitcoin, and along their accumulation journey, they can start learning what they want to know about Bitcoin.

[Alvin_talk]

It is not always wise to take a loan to invest in Bitcoin because you don't really know what the market price will turn out to be tomorrow, take for instance you took a loan to but bitcoin when the price was $120 and now the price of bitcoin is less than $110 and maybe with your expectations that bitcoin will be rising continuously promising to pay with in a short period of time and did not happen as planned, remember your interest rate keeps increasing and accumulating how then do you intend to pay back, what about your coleteral you made how do you now retrieve them back.
[....]

I don't know why some people recommend taking loans and investing in Bitcoin. In fact, why do people take loans?

People take loan for several reasons but in this case I think the major reason why people take loan is to increase their profit margin. Take for instance, I invested in bitcoin with $100 when the price was $70k  and now the price has sky rocketed to lets say $140k, it means I have realised extra $100. Meanwhile, Mr Alex invested $10k in that same period and has now realised extra $10k. So the higher your the amount invested the higher your gain, so if you don't have such amount readily available you settle for a loan so you don't miss out of such opportunity.

But I don't expect folks who just have one source of income to take the risk of loan, you should have more than one source of income before venturing in this path as it is also very risky. I started a business earlier this year with a loan I got from a friend with a pledge to pay back in the next six months, although I also had a source of income (salary) so I didn't see this as a problem at all. However, along the line my business was struggling and I was using some part of my salary I intended to pay back the loan to compensate for my business that was at the brink of collapse, bottom line is the business failed and I still have the loan to pay. I feel this would have been easier on me if I had more sources of income, loans are better suited for those who are already financially stable, not for those still trying to find their footing, so if you are already established, repaying you loan shouldn't be a problem.

[ejikeme24]

[quote author=DubemIfedigbo001
To overcome this waiting time problem when investing in bitcoin, it's important that one should have some understanding of technical analysis. Once you have marked the important support and resistance on your chart, then you can set your limit orders on the support so your order get trigger when it reaches the support.

Also if you don't want to miss out on any support in case the price jumps from the current market price, then you can also buy some at the current prices and keep buying on the support and in this way, you will have a good average entry. Since no one can catch the support and resistance, this method is the most effective one and I always use this for my own investments.

This is way too much for a newbie who is just getting started, this idea of learning to understand the technical aspect of bitcoin can probably take decades before guys can be able to understand it very well that's depending on thier level of understanding. So since guys is only interested in the ongoing buying of bitcoin and not understanding the technical aspect of bitcoin why not allow them to specialize on that area which they know they can easily catch up with? because asking newbies to look into the technical aspect of bitcoin is more like asking them to start the learning process all over again. Which some folks may likely get fed up in the process.

[Muba20]

Selling some part of the holding does not seem like a bad idea to me. Because when a person gains double or more than his holding, he can withdraw some amount of the profit and enjoy it. But if a person sells his entire holding before the end of the period, then it will never be the right decision, then he will become a business from an investor

Selling some parts of bitcoin hodling wouldn't seems bad if that investor has held his bitcoin for long or has already arrived at their accumulation stage and there is nothing wrong taking a profit, but for some one who is still at their accumulation process shouldn't think of selling rather focus on how to be buying more bitcoin and hodl until you have arrived to your accumulation stage then you can take some profit by selling small part of your bitcoin holding and still be hodling.

If an investor is successful in his savings, that is, according to his goal, he is able to hold Bitcoin for that period, I would say that he should also try to hold the remaining Bitcoin for the long term instead of selling all the holdings together after meeting his needs. In the long term, Bitcoin will become more bullish and more expensive. The Bitcoin investors who are currently able to hold it will have the ability to hold that Bitcoin after the next few days or not. I definitely do not recommend withdrawing the entire investment. The best way is to hold the remaining Bitcoin after meeting the needs. If the amount of Bitcoin increases, a small amount of btc can also be created as a large asset in the future.

[Fara Chan]

<<<

This is way too much for a newbie who is just getting started, this idea of learning to understand the technical aspect of bitcoin can probably take decades before guys can be able to understand it very well that's depending on thier level of understanding. So since guys is only interested in the ongoing buying of bitcoin and not understanding the technical aspect of bitcoin why not allow them to specialize on that area which they know they can easily catch up with? because asking newbies to look into the technical aspect of bitcoin is more like asking them to start the learning process all over again. Which some folks may likely get fed up in the process.

Not just some, but even more people might get bored if they're asked to learn for a long time without having to take action, like buying Bitcoin. Because it's actually quite simple for beginners who already believe in Bitcoin: they just need to be willing to buy consistently every week while seeing new things they can apply to themselves. As for understanding what Bitcoin is, all beginners can research online to gain a basic understanding, building confidence and a strong desire to buy Bitcoin and hold it more patiently for a longer period.

[Padi24]

<<<

Not just some, but even more people might get bored if they're asked to learn for a long time without having to take action, like buying BitcThis is way too much for a newbie who is just getting started, this idea of learning to understand the technical aspect of bitcoin can probably take decades before guys can be able to understand it very well that's depending on thier level of understanding. So since guys is only interested in the ongoing buying of bitcoin and not understanding the technical aspect of bitcoin why not allow them to specialize on that area which they know they can easily catch up with? because asking newbies to look into the technical aspect of bitcoin is more like asking them to start the learning procoin. Because it's actually quite simple for beginners who already believe in Bitcoin: they just need to be willing to buy consistently every week while seeing new things they can apply to themselves. As for understanding what Bitcoin is, all beginners can research online to gain a basic understanding, building confidence and a strong desire to buy Bitcoin and hold it more patiently for a longer period.

@ virasog seems to have forgotten that  there's a step in learning, newbies is supposed to be attempting to learn from the peripheral aspect of bitcoin so that to help them know the Basic things so as  to enable them get started as this is the most important thing that every newbies is hoping for, before looking into the technical aspect of bitcoin if at all they will even want to look into that. Surely our Major concern is supposed to be on how we can buy and HODL for Long term investment I don't see that thing that requires technology while holding for Long term investment apart from discipline and also understand the volatile nature of bitcoin, I'm sure that majority of this  Investors didn't know much about the technical aspect of bitcoin yet they still survived even most of them know nothing about the technical aspect of bitcoin yet that does not stop them from getting what they want, that is to prove to @ virasog that without understanding the technical aspect of bitcoin Investors can still survive so long as they're doing the right thing.

[Faazs]

<<<

This is way too much for a newbie who is just getting started, this idea of learning to understand the technical aspect of bitcoin can probably take decades before guys can be able to understand it very well that's depending on thier level of understanding. So since guys is only interested in the ongoing buying of bitcoin and not understanding the technical aspect of bitcoin why not allow them to specialize on that area which they know they can easily catch up with? because asking newbies to look into the technical aspect of bitcoin is more like asking them to start the learning process all over again. Which some folks may likely get fed up in the process.

Not just some, but even more people might get bored if they're asked to learn for a long time without having to take action, like buying Bitcoin. Because it's actually quite simple for beginners who already believe in Bitcoin: they just need to be willing to buy consistently every week while seeing new things they can apply to themselves. As for understanding what Bitcoin is, all beginners can research online to gain a basic understanding, building confidence and a strong desire to buy Bitcoin and hold it more patiently for a longer period.

Exactly, investing in BTC does not actually require that much knowledge at the start, it's a learn on the go kind of investment I must say, nobody is an island of knowledge you practically learn everyday something new by investing in Bitcoin. The key is to not procrastinate as I have read in one thread of recent procrastination slows down progress, you have to take action now by investing in Bitcoin forget about technicalities, by taking time to read through these thread, you will definitely discover a suitable way or pattern to follow in channelling your investment while doing so, the idea is to make acquiring BTC consistently an habit and hold for as long as possible, doesn't matter if you are doing so aggressively or not, just keep buying. Let me add my own quote, "brethren seek thy Bitcoin and the rest would be added on to you" , your building a financial powerhouse for yourself by doing so, Their is a 60% chance that you would smiling in the coming years, for a person who is ready test financial freedom 60% is a big bargain.

[SilverCryptoBullet]

Exactly, investing in BTC does not actually require that much knowledge at the start, it's a learn on the go kind of investment I must say, nobody is an island of knowledge you practically learn everyday something new by investing in Bitcoin. The key is to not procrastinate as I have read in one thread of recent procrastination slows down progress, you have to take action now by investing in Bitcoin forget about technicalities, by taking time to read through these thread, you will definitely discover a suitable way or pattern to follow in channelling your investment while doing so, the idea is to make acquiring BTC consistently an habit and hold for as long as possible, doesn't matter if you are doing so aggressively or not, just keep buying. Let me add my own quote, "brethren seek thy Bitcoin and the rest would be added on to you" , your building a financial powerhouse for yourself by doing so, Their is a 60% chance that you would smiling in the coming years, for a person who is ready test financial freedom 60% is a big bargain.

Learning is an endless journey and it's similar with your investment pathway to profit, success and financial freedom. There is enough time for you to learn new things and improve your knowledge, know about more investment strategies as well as practice better in order to secure your bitcoins as well as accumulate bitcoin in a better and safer way.

The market is lively and it does not stop today or tomorrow so it's never late to learn about Bitcoin, the market, investment strategy, and start your investment journey or adjust and improve your investment strategies then practice. There is risk and it's not 100% safe investment option but history has its rhythm and I believe that Bitcoin will continue its bullish movement in the future, so I see almost zero risk of losing my money by investment in Bitcoin, and with a very important condition: storing bitcoins in my open source, non custodial wallets.

[Finebone]

You aren't getting the actual point, are you?
You first need to understand that when taking a loan with the intention of investing it in bitcoin, or front loading your investment you are not paying it back from your bitcoin investment, you will be paying it back from another source, but if you don't have another source where you can pay it back from and you rely on your Bitcoin investment to pay it back from there, then you and your investment is doom for failure in a very short time.

I agree with what you are saying Finebone, yet I would say that a person who takes a loan and plans to pay it with the proceeds, he is not doomed.. yet he is gambling in a game that if he plays it enough times, it is more likely to be a losing rather than a winning game... even though if you have a loan that spans over more than 4 years, and perhaps it has a balloon payment at the end rather than being paid in whole through the 4 years, then it could well be that you would not need any other proceeds - even though, even in those cases, it would be best to have a back up plan, even though bitcoin 4 year periods have tended to be profitable, even when measuring from tops... yet at the same time, there is no guarantee that even a more than 4 year timeline for a loan would result in profits from the investment and an ability to pay off the underlying and also pay off the various loan costs.

The punchline might be that we should not be employing gambling techniques in regards to our investment, and if we at least have back up means to pay our loan terms, then we are less likely to be in a gambling mindset nor in a state of desperation when we entered into the loan.. neither of which are good places to be when it comes to bitcoin and/or to loans, so part or our own bitcoin and our cashflow management systems should be set up in ways to avoid and/or minimize the possibility of our getting into either a gambling and/or desperate mindset.

You are right, I may not be using the right word which is gambling, but for someone to take such a huge risk with the mindset of paying it back from his bitcoin investment even though their is quite a lot of time given to such person to pay back doesn't seems nice because at a point, he will want to sell prematurely just to pay back the loan which is going to kill that long term mindset an investor should have.

Furthermore, he will not be at peace or he will most likely be in a panicking mood anytime the price of bitcoin dip seriously because in that occasion, that is a money he cannot afford to lose, since he plans to repay it back from there, so it's just a terrible idea entirely for him to go that route.

[Graph001]

While the strategy of buying through DCA is one of the best strategy but one also needs to divide their portfolio in three different parts that is long term, short term and mid term.

I am emphasizing on it because by doing so you can sell some of your portfolio when the coins are in profits and keep holding the other portion for mid term gains and more  benefits and then finally the legendary bitcoin investment for longterm which you may not sell even in bull markets.

No, this is very wrong as a long term investor, dividing your asset into three different part with the intention of selling some part that are already in a profit as you said, is not proper, because selling your bitcoin holdings when you have not gotten to the end of your accumulation journey seems unwise, is even more unwise if you are a low coiner or you are still far behind in your bitcoin accumulation journey.

What is wrong in that? Someone explained his unique investment plan, you are here saying it's not good, "must" he follow your plan? Or anybody's plan? Bitcoin is a vast asset, and plans to invest in it are many, so you guys should stop believing that your ways is absolute. That's appalling and gross. Everyone can't have the "forever keeping" plan with Bitcoin and @virasog is even wise enough to have it all covered. He has the plan for the short, medium and long-term (which is the plan you are even preaching). I don't know what else you want from such a brilliant Bitcoin investor who  give verything covered depending on his varied goals for the investments.

I think is not a bad idea if he choose to run his investment the way that pleases him, dividing his asset into different parts that doesn't mean he is not a good investor , on the other hand Bitcoin shouldn't be for short term mindset,  depending  if he has plan for short term plan, investing Bitcoin is not only for division of asset it is how far can he  reach or hold for long .

It is better to have multiple or more assets than investing in just one specific asset because it ensures the future of the individual. If you consider the current market price of Bitcoin, you will understand that this market price fluctuates a lot, although it is an investable medium, but since it is long-term, you cannot ensure your future by depending on Bitcoin alone. And since Bitcoin was created with long-term thinking in mind, it would be foolish to think of making profits by investing in the short term.

It takes time to reach a stable level for all valuable materialisms, science is no exception, and Bitcoin's journey has only started for 15 years. If you want to profit from this, you must be patient and act according to your situation. Since the price is unstable, invest only that money here that will not harm your financial situation even if you lose it completely, and to ensure the future, find multiple or more reliable investment mediums and keep practicing it according to your interests.

[MykeAdams]

You can also apply the DCA momentum too, it's slower but safer because you can invest a fixed amount monthly same as the loan payment in bitcoin incase things gets rough your sure of your financial flexibility.

I won't agreed with you that the DCA strategy is slower i believe it's should be one of the fastest way to accumulate bitcoin if you have money lump sum instead of also just waiting for dip to accumulate you can be accumulating weekly/monthly you will accumulate alot of bitcoin if you regularly this for 4-10 years, there are bitcoin accumulators that has big money as there discretionary income which they use to DCA either weekly/monthly so the DCA strategy can't be a slow method to accumulate bitcoin what then will you say for some one using the buy the dip strategy to accumulate bitcoin.

@ Female King, if the DCA strategy is the fastest way of accumulating Bitcoin as you claim, then investors would have no need of buying a lump sum or even buying the Dip since the DCA buys them enough Bitcoin in the very shortest time frame. I think you are wrong, and don't forget that many investors accumulate Bitcoin using the DCA strategy and also buy a lump sum, and/or buying the Dip if opportunity presents itself with the aim of INCREASING there Bitcoin assets faster than it would have grown if they only stick to the DCA strategy.

Also take note that the DCA strategy is built on and/or lays great emphasis on ''Lttle but consistent buying of Bitcoin and also Time'' this means that with the DCA, you can accumulate bitcoin in fragments, but for this little Bitcoin purchase to yield something tangible, it must stand the test of TIME, meaning you must Hodl for long. So the DCA may not be fast to accumulate you enough Bitcoin as you must have wished due to the fact that you don't have enough discretionary income, but as you consistently keep buying, over the years(TIME), it gradually grows into something great

Don't also forget that what an investor using the DCA strategy in accumulating Bitcoin would have accumulated in 6months of his investments journey, can be acquired by a very rich investor in just a month or so, depending on his level of discretionary or income..
So you see that the DCA strategy is not and/or may not be the fastest means of accumulation, but is built on the principle of Consistency and Time.

Fair enough, folks should look into their finances before taking loans in a way that it won't later affect their Bitcoin investments. Folks that have a way of repaying the loan should go ahead and take it to front load their Bitcoin accumulation while folks that don't have the ability to pay back should avoid taking loans because if they do, they will later fall back to to their Bitcoin investment,sell it to repay the loans. Bitcoin fluctuates and the market is unpredictable so therefore,Loans shouldn't be service with our Bitcoin investment but instead with another source of income.

Taking loan doesn't really mean that you must look into your financial status before you could apply for a loan, i have seen someone that has know income in his bank account but he applied for a loan and the loan was in such away that you will paying a particular amount yearly till complete his payment, so took the loan and invested the he borrowed by importing and exporting goods and services,

If you don't necessarily need to look into your finances or your financial status before taking a loan, then where would you look at or what should you be looking @ POPOLUV? Are saying that someone without an income or a plan of paying back a loan should just go ahead and take a loan for his business? Which bank, person or an organisation would even give you such loan without a collateral or that you present a tangible source of income that they can fall on if you fail to meet up with the agreed date?

When Qhunman said you should look into your finances before taking a loan, what he meant was that you must first ensure you a have means of repaying back the loan, not even from your investment but from other source so that you wouldn't face double panic of repayment of loan and at the same time thinking of the fall of Bitcoin in price. So it's wise to evaluate your source of income and your strength or ability to repay back such loan before going for a loan for your investment.

Exactly consistency and time matters if one is involved in the DCA strategy, its not a get rich formula neither quick investment cashout. Being consistent knowing the fact that DCA works best when you invest a fixed amount regularly ( weekly/monthly) in as much as any outcome of the market can be. Also your patience matters and this takes your time because the power of DCA takes long term involvement irrespective of the market volatility, and actually doing so continuously can reduce the short term market and an aid to help one accumulate wealth if only one is consistent and patient (time)so its not a get rich strategy.

[EarnOnVictor]

It is better to have multiple or more assets than investing in just one specific asset because it ensures the future of the individual. If you consider the current market price of Bitcoin, you will understand that this market price fluctuates a lot, although it is an investable medium, but since it is long-term, you cannot ensure your future by depending on Bitcoin alone. And since Bitcoin was created with long-term thinking in mind, it would be foolish to think of making profits by investing in the short term.

I hope this will sit well with many people because it's all about Bitcoin. But for me, your expression is a good one and it's simply called diversification in investing. It's not even wise to only invest in one asset if you have all it takes, especially the needed funds. Although the reliability of Bitcoin is top-notch, it has its bad and slow day as well, investors could use diversification this time. However, if it's Bitcoin we are particular about, the best approach is the long-term approach, which is popularly called HODLing. Doing this, I don't see why Bitcoin investors should be so worried if they struck it at a reasonable price.

[abaeze]

<<<

This is way too much for a newbie who is just getting started, this idea of learning to understand the technical aspect of bitcoin can probably take decades before guys can be able to understand it very well that's depending on thier level of understanding. So since guys is only interested in the ongoing buying of bitcoin and not understanding the technical aspect of bitcoin why not allow them to specialize on that area which they know they can easily catch up with? because asking newbies to look into the technical aspect of bitcoin is more like asking them to start the learning process all over again. Which some folks may likely get fed up in the process.

Not just some, but even more people might get bored if they're asked to learn for a long time without having to take action, like buying Bitcoin. Because it's actually quite simple for beginners who already believe in Bitcoin: they just need to be willing to buy consistently every week while seeing new things they can apply to themselves. As for understanding what Bitcoin is, all beginners can research online to gain a basic understanding, building confidence and a strong desire to buy Bitcoin and hold it more patiently for a longer period.

That's right, learning all the technical aspects of Bitcoin right after starting to invest is more stressful than investing in Bitcoin. When I was asked to run my first node, I was very nervous even though I didn't know much about hashes, blockchains, proof of work, etc. There are many new and old Bitcoin users who are into the practical part of buying and holding Bitcoin, not the technical aspects. But I think if people understand the technical aspects, they will be more interested in investing in Bitcoin and try to hold it for the long term.

[Barikui1]

I hope this will sit well with many people because it's all about Bitcoin. But for me, your expression is a good one and it's simply called diversification in investing. It's not even wise to only invest in one asset if you have all it takes, especially the needed funds. Although the reliability of Bitcoin is top-notch, it has its bad and slow day as well, investors could use diversification this time. However, if it's Bitcoin we are particular about, the best approach is the long-term approach, which is popularly called HODLing. Doing this, I don't see why Bitcoin investors should be so worried if they struck it at a reasonable price.

You are actually not wrong bro, it is very important for our financial security, what's I feel that is wrong that most Investors are doing is that, when they wishes to diversify into something else, instead of them investing in real estate, gold or land, they will be doing that with alt and meme which are not reliable and are created for gambling purpose, because in this digital space, their is no substitute for Bitcoin.
So if you wishes to diversify into something else, land, gold or real estate seems more logical than alt and meme that falls more than they rise.

[MykeAdams]

While the strategy of buying through DCA is one of the best strategy but one also needs to divide their portfolio in three different parts that is long term, short term and mid term.

I am emphasizing on it because by doing so you can sell some of your portfolio when the coins are in profits and keep holding the other portion for mid term gains and more  benefits and then finally the legendary bitcoin investment for longterm which you may not sell even in bull markets.

No, this is very wrong as a long term investor, dividing your asset into three different part with the intention of selling some part that are already in a profit as you said, is not proper, because selling your bitcoin holdings when you have not gotten to the end of your accumulation journey seems unwise, is even more unwise if you are a low coiner or you are still far behind in your bitcoin accumulation journey.

What is wrong in that? Someone explained his unique investment plan, you are here saying it's not good, "must" he follow your plan? Or anybody's plan? Bitcoin is a vast asset, and plans to invest in it are many, so you guys should stop believing that your ways is absolute. That's appalling and gross. Everyone can't have the "forever keeping" plan with Bitcoin and @virasog is even wise enough to have it all covered. He has the plan for the short, medium and long-term (which is the plan you are even preaching). I don't know what else you want from such a brilliant Bitcoin investor who  give verything covered depending on his varied goals for the investments.

I think is not a bad idea if he choose to run his investment the way that pleases him, dividing his asset into different parts that doesn't mean he is not a good investor , on the other hand Bitcoin shouldn't be for short term mindset,  depending  if he has plan for short term plan, investing Bitcoin is not only for division of asset it is how far can he  reach or hold for long .

It is better to have multiple or more assets than investing in just one specific asset because it ensures the future of the individual. If you consider the current market price of Bitcoin, you will understand that this market price fluctuates a lot, although it is an investable medium, but since it is long-term, you cannot ensure your future by depending on Bitcoin alone. And since Bitcoin was created with long-term thinking in mind, it would be foolish to think of making profits by investing in the short term.

It takes time to reach a stable level for all valuable materialisms, science is no exception, and Bitcoin's journey has only started for 15 years. If you want to profit from this, you must be patient and act according to your situation. Since the price is unstable, invest only that money here that will not harm your financial situation even if you lose it completely, and to ensure the future, find multiple or more reliable investment mediums and keep practicing it according to your interests.

Frankly speaking every investor who's in bitcoin has different motives in one way or the other in your own perspective the long term investment is good for others the short term is better. With short term in bitcoin one  can still earn, but it actually comes with very high risk and one must have a good timing strategy before involvement. An investor possibly gets into the short term because its a day trading(an investor can buy and sell within a day) he/she can buy the dip and sell in shorts e.g buy $60,000 and sell $63,000 so you can see that the investor made 5% profit within a day, one can hold for like 1 to 3 months depending on how the market is (trend). While some(investors) don't like it because of high volatility same time the investor waits to get his profits theirs a possibility that price can drop 10 to 20% in a day creating room for losses. I see the short term though as a hasty means for an investor to get rich quick that's why they rush into it, but the risk is too high compared to long term bitcoin investment

[Astt12]

If the price has fallen and you believe that Bitcoin will rise again in the long term, it may be time to “Buy Buy Buy”.
If the price has risen a lot and you want to take profits, it may be time to “Sell Sell Sell”.
If the market is uncertain, then “Hold” (i.e. wait and see).Current SituationThe price of Bitcoin (BTC) is currently around US $111,076.
Many analysts say that there is a possibility of both a major bull run or a major decline for Bitcoin. On the bullish side — many analysts think that it could go to $150,000–$200,000 or higher by the end of 2025.
On the downside — other analysts think that the end zone of the bull market could be here and the price could go to $70,000 or even lower.  There are also some important technical and market metrics:
Institutional investors are showing buying interest, which is positive. However, microeconomics (interest rates, economic conditions, regulations) are still uncertain. Key support and resistance levels are emerging — with the $100,000 level being a major support.
If you believe in the long term (5-10 years or more): In this case, “buy” may be a reasonable decision, as institutional entry, supply, and acceptance are increasing. However, there is also risk — the price could come down.
If you are in the medium or short term (6-12 months or less): In this case, it is better to be a little cautious — as the market is now in a “high price position,” and there is a possibility of a big drop.  “Buy” or take profit may also be considered. If you are very sensitive to risk or are dependent on regular income:
Then it may be better to wait slowly or “buy in stages” — rather than risking a large sum at once.
Now if I have the money and I am thinking of holding it for the long term — then I would say “Buy in parts”, but not all at once.
But if I want to take a quick profit or do not want to take any risk — then I would say “Sell or wait”, especially if the price has already gone up and shows a possibility of a comeback.
Before making any decisions, make sure you know what kind of risk you can take, and whether you have an “exit strategy” that will allow you to exit.

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It is better to have multiple or more assets than investing in just one specific asset because it ensures the future of the individual. If you consider the current market price of Bitcoin, you will understand that this market price fluctuates a lot, although it is an investable medium, but since it is long-term, you cannot ensure your future by depending on Bitcoin alone. And since Bitcoin was created with long-term thinking in mind, it would be foolish to think of making profits by investing in the short term.

I hope this will sit well with many people because it's all about Bitcoin. But for me, your expression is a good one and it's simply called diversification in investing. It's not even wise to only invest in one asset if you have all it takes, especially the needed funds. Although the reliability of Bitcoin is top-notch, it has its bad and slow day as well, investors could use diversification this time. However, if it's Bitcoin we are particular about, the best approach is the long-term approach, which is popularly called HODLing. Doing this, I don't see why Bitcoin investors should be so worried if they struck it at a reasonable price.

Smart investors never invest all their money in one thing, not even Bitcoin. While Bitcoin has performed well over the years, investing all of it is risky. Spreading your money across multiple investments is the safest bet.

If you are investing in Bitcoin, the best course of action is to buy and hold for the long term. You can adopt the DCA approach to investing, where you don’t have to wait for the price to drop. You can invest your investable or remaining money weekly or monthly, which will reduce your stress and also reduce your average cost of investing.

But the thing is, we are all different. Someone else’s investment strategy may not be beneficial for you. Maybe you need your money quickly or maybe you can’t handle the pressure of price fluctuations. So having multiple investments can reduce your stress because you won’t be relying on just one asset for your future because even if one is volatile, you will have more opportunities.