Buy Buy Buy or Sell Sell Sell?

[sotelorene]

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.

Investors should only adopt the idea of diversification when they have either gone far in the Bitcoin holding or when they have gotten to their overaccumulation stage which is a relaxation stage where an investor don't really need to be aggressive anymore because they have gotten what they desire but they will still be investing because holding is more important than selling off. And when diversifying it should be carried out wisely I mean an Investor should know and go for the best asset because any mistake can jeopardize our main investment so that is why we need to be very careful.

[Cossyblack]

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 h.ave 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 .

Some Newbies have strong Cash Flows but might be doing all of this due to fear of losing their hard earned money in Bitcoin. The all knowledge about Bitcoin & the technical skills is because they think by knowing all this technical stuff, future losses in Bitcoin can be avoided. What some people fail to understand is that,it isn't possible to have complete knowledge about Bitcoin, even the smartest person in the world can't know it all. Bitcoin knowledge is unlimited, newbie that is studying to acquire it all before investing will end up not investing at all. This god-like nature isn't needed at all rather, just the basic knowledge and discretional income is sufficient to get started.

[Futurexxx]

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

Their is nothing as short term investor mate, those that buys and sells anytime the market rise are just traders trying to make profit in the market, and that is the reason they lose money while in the act, but with Investors with longer term mindset, they are the real winners because the possibilities of building a generational wealth overtime is very high since Bitcoin is an asset that appreciate in value overtime.
So we should try to only be think long term  when investing in Bitcoin because that's the ideal way to reap something good in your Bitcoin investment.

[MykeAdams]

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.

Investors should only adopt the idea of diversification when they have either gone far in the Bitcoin holding or when they have gotten to their overaccumulation stage which is a relaxation stage where an investor don't really need to be aggressive anymore because they have gotten what they desire but they will still be investing because holding is more important than selling off. And when diversifying it should be carried out wisely I mean an Investor should know and go for the best asset because any mistake can jeopardize our main investment so that is why we need to be very careful.

Spreading your business ideas and investment in different sectors (assets) are good and help reduce risk, especially when it comes to bitcoin diversification Is one of the oldest principle which is reliable for an investor to embark on.
Seeing bitcoin as a high value stock and same time being volatile( profit and loss ) diversification Is needed for an investor because it reduces volatility i.e even if bitcoin dips other stocks and assets might perform well, you can be sure to have a balanced run in the long term investment saving you your capital and consistent performance over time.

For me Investors should adopt diversification even if they have gone too far, knowing fully well that bitcoin is the future of money, no assets should need total concentration though.

[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.

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

I definitely agree with you that some investors can make money through day trading but most of them are professional traders or have large financial options. Because if you look closely, you can see that most of those who are investing in Bitcoin are not rich. Most of those who invest here have financial limitations. Another thing to consider here is that a large part of those who are investing in Bitcoin or other cryptocurrencies have chosen this path after being influenced by some person or social media. Most of the investors do not have a clear idea about this and they do not understand that it is not possible for everyone to make a profit by investing in the short term. In this case, you must consider your situation properly and then invest otherwise you may accept financial losses. Especially in the case of Bitcoin, since its market price always fluctuates, you have to be careful when investing here. If you do not have large financial options, try to invest in the long term. Use the DCA method and buy and hold consistently.  And if possible, find more than one reliable investment medium, in that case your mental stress will be reduced, you will not have to depend on only one medium.

The main thing here is that if you want to be a successful investor, then you must consider your situation here. Do not invest recklessly just because of the influence of someone else or social media. Consider your own financial situation, see, know, understand, observe and then invest. Avoid making any wrong decisions due to frustration or greed.

[ultrloa]

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.

Investors should only adopt the idea of diversification when they have either gone far in the Bitcoin holding or when they have gotten to their overaccumulation stage which is a relaxation stage where an investor don't really need to be aggressive anymore because they have gotten what they desire but they will still be investing because holding is more important than selling off. And when diversifying it should be carried out wisely I mean an Investor should know and go for the best asset because any mistake can jeopardize our main investment so that is why we need to be very careful.

Diversification without clarity on what assets you are going to put your money can dilute your portfolio and this will expose you to more higher risk.

One bad decision can ruin everything, that's why before jumping on other investments, they should settle up and make the other main investment became more stable.  Once they build a solid portfolio by acquiring more Bitcoin or they reach at over accumulation level at that time they could start to think about investing on other asset.

Diversification is strategic investment choice, but people should have straight up goal so that they won't commit huge mistake and messed around with their bought assets.

[Iamnma001]

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.

By the analysis of bitcoin from few years back till now, I think it worth believing on and invest in it only.
With planning of investing continuously with discretionary funds you won't think of in any other investments because your plan is to build  a good portfolio and in other to do that you have to be investing continuously with strategy that works at that moment.
Your plan is to keep investing continuously and held on to it for a long time not buying now and sell in few months, people that think that investing in only Bitcoin is a bad idea are people that wants to be profiting from their investments in short time and bitcoin doesn't work like that because you don't what's might be in short time.
Price of Bitcoin wasn't like this around 2017 and people that invested in it then and really profiting now so if it had happened then we believe it could happen gain in few years.

[As-Soon-As]

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

Their is nothing as short term investor mate, those that buys and sells anytime the market rise are just traders trying to make profit in the market, and that is the reason they lose money while in the act, but with Investors with longer term mindset, they are the real winners because the possibilities of building a generational wealth overtime is very high since Bitcoin is an asset that appreciate in value overtime.
So we should try to only be think long term  when investing in Bitcoin because that's the ideal way to reap something good in your Bitcoin investment.

Only long-term investment is suitable with Bitcoin, but those who invest in Bitcoin according to the DCA method can be said to be the only ideal investors. Currently, in the Bitcoin market, buying Bitcoin according to the DCA method alone is saving on the purchase price, and if you have more money and want to invest with that money, you can take the opportunity to buy deep. Because the investor should keep in mind that the more Bitcoin he buys, the more chances he has of getting Bitcoin benefits increase, but he should not buy Bitcoin aggressively.
And he must take care that there is no additional pressure from the outside on his investment, so he must pay attention to the emergency fund.

[Female King]

I disagree with you, DCA method can be a slow method depending on the investor because what really matters here is your capacity, your source of income. If someone is accumulating with let say a $300 every week and someone is accumulating $50 every month there is a tendency that someone accumulating with $300 every week will get to his desire goal faster than someone who is using $50 every month to accumulate and it will be slow for someone who is accumulating $50 monthly and so time matters sometimes, the interval of accumulation, weekly and monthly are two different things and also the money used in this various interval are also two different things but the most important of all is that, been consistent with any amount you are using and don't be discourage at it.

It can be a fast method depending on the investor too so I wouldn't know why you should disagree with me and still proclaim the DCA strategy to be a fast way in accumulating bitcoin the example you gave above shows that there are investors who also uses big amount to DCA.
So the DCA strategy can either be a slow or fast method in accumulating bitcoin depending on the capacity of the investor.

[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.

By the analysis of bitcoin from few years back till now, I think it worth believing on and invest in it only.
With planning of investing continuously with discretionary funds you won't think of in any other investments because your plan is to build  a good portfolio and in other to do that you have to be investing continuously with strategy that works at that moment.
Your plan is to keep investing continuously and held on to it for a long time not buying now and sell in few months, people that think that investing in only Bitcoin is a bad idea are people that wants to be profiting from their investments in short time and bitcoin doesn't work like that because you don't what's might be in short time.
Price of Bitcoin wasn't like this around 2017 and people that invested in it then and really profiting now so if it had happened then we believe it could happen gain in few years.

If someone plans to invest in you with his prudent funds, it does not mean that he cannot think of any other investment. It will completely depend on his financial condition. If he has the ability, then he will definitely find other reliable investment vehicles besides Bitcoin and invest in them. However, one thing to note here is that Bitcoin has been created with long-term thinking in mind, so most of those who think that they will profit by investing in the short term will lose. If you want to profit by investing in the short term, you must have large financial options.

The best thing about Bitcoin is that you do not have to be rich to invest in it, whatever your financial condition is, you can invest in it. But that does not mean that you will invest in a way that can cause you financial loss later. You have to invest according to your ability and hold it patiently.  Since the market price of Bitcoin fluctuates a lot, you should invest only the money that you will not suffer financially even if you lose it, that is, after meeting all the needs of you and your family, you can invest the remaining money here, which will reduce your mental stress. To be successful, you must be hardworking, skilled and patient. If you want to be profitable, then find the right investment medium and invest according to your ability.

[Grace333]

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.

Many people make the mistake of selling their Bitcoin once they get a certain profit target, forgetting that Bitcoin real potential show in long term.  The market might have its ups and downs, but we have seen that patient holders always end up in a better position.

It is actually smart to take profit when needed, maybe to cover expenses or reinvest elsewhere, but completely exiting the market could mean missing out on what is coming next..

[Sim_card]

those who invest in Bitcoin according to the DCA method can be said to be the only ideal investors.

I disagree with you that only those investors using DCA to accumulate bitcoin are the only ideal investors when we have other accumulation strategy. What will you say about those investors combining both DCA, lump sum and buy at the dip. I feel mixing the three gives you a better result in future than only DCA.

Secondly, what about those people who don't have a regular flow of discretionary income and because of the love and passion with confidence that they have into bitcoin to transform their financial situation in future, they have bought bitcoin but not DCAing weekly, they only buy when they can and they're currently working on their income to improve it so that they will be able to have a regular discretionary income.

Currently, in the Bitcoin market, buying Bitcoin according to the DCA method alone is saving on the purchase price

As a new investor is good to stick to only DCA method in the beginning maybe, after a circle, you should start learning how to tweak to other bitcoin accumulation methods based on your financial strength and the financial scenario playing around your at that moment. This is why you need to set up a reserve funds to buy at the dip and lump sum whenever, you can.

, but he should not buy Bitcoin aggressively.

Buying bitcoin aggressively or front loading your bitcoin investment is good and helps to increase your bitcoin portfolio faster. The problem is when you buy over aggressively beyond your discretionary income, that's when it very bad because when the need of that money which you used to buy bitcoin over aggressively comes, you will have to sell back those bitcoin and run at loss if the price is below your entry point.

[ASloveapg]

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

Their is nothing as short term investor mate, those that buys and sells anytime the market rise are just traders trying to make profit in the market, and that is the reason they lose money while in the act, but with Investors with longer term mindset, they are the real winners because the possibilities of building a generational wealth overtime is very high since Bitcoin is an asset that appreciate in value overtime.
So we should try to only be think long term  when investing in Bitcoin because that's the ideal way to reap something good in your Bitcoin investment.

Only long-term investment is suitable with Bitcoin, but those who invest in Bitcoin according to the DCA method can be said to be the only ideal investors. Currently, in the Bitcoin market, buying Bitcoin according to the DCA method alone is saving on the purchase price, and if you have more money and want to invest with that money, you can take the opportunity to buy deep. Because the investor should keep in mind that the more Bitcoin he buys, the more chances he has of getting Bitcoin benefits increase, but he should not buy Bitcoin aggressively.
And he must take care that there is no additional pressure from the outside on his investment, so he must pay attention to the emergency fund.

The most effective way to invest in Bitcoin is DCA, and this is the only strategy that works for everyone, using this strategy to deposit Bitcoin, an investor can increase his Bitcoin portfolio in the most convenient way. Therefore, one should continue to buy through this strategy, an investor should not make emotional decisions but should continue to deposit Bitcoin in a planned manner, keep an emergency fund, do regular DCA and maintain a long-term perspective, This is the mentality of a real investor. But those who think about short-term success, most of the time they face more losses.

[Bigjoe33]

I disagree with you, DCA method can be a slow method depending on the investor because what really matters here is your capacity, your source of income. If someone is accumulating with let say a $300 every week and someone is accumulating $50 every month there is a tendency that someone accumulating with $300 every week will get to his desire goal faster than someone who is using $50 every month to accumulate and it will be slow for someone who is accumulating $50 monthly and so time matters sometimes, the interval of accumulation, weekly and monthly are two different things and also the money used in this various interval are also two different things but the most important of all is that, been consistent with any amount you are using and don't be discourage at it.

It can be a fast method depending on the investor too so I wouldn't know why you should disagree with me and still proclaim the DCA strategy to be a fast way in accumulating bitcoin the example you gave above shows that there are investors who also uses big amount to DCA.
So the DCA strategy can either be a slow or fast method in accumulating bitcoin depending on the capacity of the investor.

About the DCA strategy, wether it be the fastest or a very slow strategy, generally I want to say that the DCA is pegged on two points.. little but consistent accumulation and Time, yea. It's allows you accumulate as you can depending on your discretionary but hints on Time, that is, no matter how small you try to acquire, if you Hodl for long, it will amount to something tangible.
So the argument shouldn't be wether it be the fastest or slowest, but we should rather pay more attention to how consistent we are in accumulation and how Long we should Hodl.

Surely, someone might be doing a weekly DCA, while another doing monthly DCA, and the volume of bitcoin to be accumulated by the different persons to an extent depends on how much the accumulate in intervals. Ordinarily, the investor accumulating weekly might tend to accumulate more bitcoin compared to the monthly investor, but on the other hand, it's still to a large extent depends on the amount they use for accumulation, because if the weekly investor uses $200, in a month would be $200×4=$800 in total. While the monthly investor can decide to use $1000 to accumulate Bitcoin, and still gets more bitcoin than the weekly investor. It all, it depends on how much they use to invest either weekly or monthly depending on the levels of there income or cash flow.

[Hardyrobust]

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.

Investors should only adopt the idea of diversification when they have either gone far in the Bitcoin holding or when they have gotten to their overaccumulation stage which is a relaxation stage where an investor don't really need to be aggressive anymore because they have gotten what they desire but they will still be investing because holding is more important than selling off. And when diversifying it should be carried out wisely I mean an Investor should know and go for the best asset because any mistake can jeopardize our main investment so that is why we need to be very careful.

exactly, it won't be a nice idea for a low coiner or someone who just started to be thinking towards diversification.This idea of diversifying should be when our portfolio is already taken a good shape. To avoid being distracted and to remain focused it will be a good idea to focus on building up our portfolio. Then when we believe our portfolio has taken a good shape then we can diversify, care should always be taken in other not to diversify into wrong asset. The main aim of diversification should be achieved and as such always diversify into asset that doesn't have no correlation with bitcoin.

[CageMabok]

...

It can be a fast method depending on the investor too so I wouldn't know why you should disagree with me and still proclaim the DCA strategy to be a fast way in accumulating bitcoin the example you gave above shows that there are investors who also uses big amount to DCA.
So the DCA strategy can either be a slow or fast method in accumulating bitcoin depending on the capacity of the investor.

When talking about an investor's capital capacity, it seems you need to provide a better understanding of the difference between small and large investors so that others don't get confused in responding and understanding what you're saying. I can understand what you're saying because people like BlackRock, Microstrategy, and Grayscale generally have large capital when they buy Bitcoin. And they can also DCA large amounts when they set a time to buy Bitcoin once a week because they are people who already have enough confidence in Bitcoin and are always focused on buying large amounts.

Meanwhile, small investors or individuals who have just started investing typically only have a small amount of capital, so applying the DCA method to Bitcoin investments requires a long time to reach their desired target. Because slowly accumulating Bitcoin using certain methods still takes time, most people prefer to continue accumulating Bitcoin over the long term.

[Showlove01]

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

Their is nothing as short term investor mate, those that buys and sells anytime the market rise are just traders trying to make profit in the market, and that is the reason they lose money while in the act, but with Investors with longer term mindset, they are the real winners because the possibilities of building a generational wealth overtime is very high since Bitcoin is an asset that appreciate in value overtime.
So we should try to only be think long term  when investing in Bitcoin because that's the ideal way to reap something good in your Bitcoin investment.

Only long-term investment is suitable with Bitcoin, but those who invest in Bitcoin according to the DCA method can be said to be the only ideal investors. Currently, in the Bitcoin market, buying Bitcoin according to the DCA method alone is saving on the purchase price, and if you have more money and want to invest with that money, you can take the opportunity to buy deep. Because the investor should keep in mind that the more Bitcoin he buys, the more chances he has of getting Bitcoin benefits increase, but he should not buy Bitcoin aggressively.
And he must take care that there is no additional pressure from the outside on his investment, so he must pay attention to the emergency fund.

The most effective way to invest in Bitcoin is DCA, and this is the only strategy that works for everyone, using this strategy to deposit Bitcoin, an investor can increase his Bitcoin portfolio in the most convenient way. Therefore, one should continue to buy through this strategy, an investor should not make emotional decisions but should continue to deposit Bitcoin in a planned manner, keep an emergency fund, do regular DCA and maintain a long-term perspective, This is the mentality of a real investor. But those who think about short-term success, most of the time they face more losses.

DCA strategy is not only the method or strategy that works for everyone rather all the methods can actually work for everyone depending on your capacity and your level of commitment, do you know that even with that fact that someone can use any amount to invest in Bitcoin at any price of the market, yet some people are not actually doing it well there by making it look like it is not working for them, so any method can work for anybody but it depends on how flexible your finance is and how well you can go about it.

[ejikeme24]

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.

Surely understanding the technical aspect of bitcoin is a double advantage but a no coiner or a low coiner is not supposed to engage him or herself in practicing the technical aspect of bitcoin, what is required for them to get is the Basic knowledge first maybe other things can come later maybe after they must have stack enough stash of bitcoin in thier portfolio or getting to the stage of overaccumulation then, guys can start attempting to learn about the technical aspect of bitcoin before proceeding again. everything is planning you can't be here wasting alot of buying opportunities and also wasting a whole lot of years in trying to learn everything when you have gotten the Basic knowledge that is required the technical aspect of bitcoin should be the last thing to learn since it won't have any effect in our accumulation journey.

[Hardyrobust]

]
Many people make the mistake of selling their Bitcoin once they get a certain profit target, forgetting that Bitcoin real potential show in long term.  The market might have its ups and downs, but we have seen that patient holders always end up in a better position.

It is actually smart to take profit when needed, maybe to cover expenses or reinvest elsewhere, but completely exiting the market could mean missing out on what is coming next..

patients is a key factor in holding bitcoin for a longer term. Without patience an investor may fall Frey to market trend and be compel into taking impulsive decisions.A good understanding of the nature of bitcoin can also play a role here, having an understanding of bitcoin will make an investor to appreciate longer term investment.

[Silikiem]

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.

This statement, especially the first paragraph looks so contradictory and is capable of misleading the public and newbies in bitcoin investment as it is associated to trading mindset and not investment mindset. How can a long term bitcoin investor whose initially strategy has been focused on the long term consistently and persistent accumulation of bitcoin to be panicking or worried over bitcoin volatility. Also, as a long term bitcoin investor, you have no business timing the market before accumulating bitcoin, it’s only those who just came  in for a short quick profit mindsets are capable of thinking this way to buy bitcoin only when the price is low so that they can sell When is high. These set of people panics to sell whenever they noticed a little downturn in the market, they don’t care about building up their portfolio by consistently accumulating bitcoin and hold for the long term goal. All they care about is just buy bitcoin and sell for quick profit. Bitcoin is a long term investment and anyone venturing in tit must know this and put it in practice in order to achieve a significant successful bitcoin journey.