Buy Buy Buy or Sell Sell Sell?

[Money bag]

having a basic knowledge of what bitcoin is, is very crucial before an investor can start buying bitcoin as this will help then to avoid making unnecessary mistakes. However, it will be wrong for an investor to have the mindset of wanting to know all or everything about bitcoin before even thinking of starting to invest in bitcoin. This will only make them to lose or miss opportunity, it is possible to be buying at the same time while working on or expanding ones knowledge.

That's the fact; having knowledge and experience about Bitcoin is the best idea. It is because people lack the knowledge about how the Bitcoin investments operate. That is why a lot of people fail whenever they invest in the bitcoin, and it is not only the bitcoin investment. Whatever a person comes to start in this life, having knowledge ahead before starting is the best.

But some investors will just start buying the bitcoin without knowing much about it, especially those that are new to the bitcoin investment. They are the ones who lose much because they will not seek knowledge in order to get the best knowledge about Bitcoin.

Knowledge is essential since we need to be able to differentiate between what we are actually doing, so many people are trading bitcoin but are calling themselves investors, imagine how much effort you need to put in to trade bitcoin but you don't even know that what you are doing is different form investing, you will see them parading themselves as bitcoin investors so to not fall into the same misconception a potential bitcoin investor needs to know the difference between the two and this is basic bitcoin investment knowledge; you need to know what you are actually doing in the first place.

[Shineup]

What you have guessed about Bitcoin investment is true, but the extent to which you have been able to involve yourself in Bitcoin investment will be the most enjoyable. You will not benefit from being happy by seeing other people's investments. If you can stay with Bitcoin investment for a long time, then it will definitely be the best for you. However, you should never buy aggressively with Bitcoin investment, but you can slowly and calmly follow the DCA method according to your ability and you can maintain Bitcoin investment for a long time and buy Bitcoin. However, if you invest in Bitcoin according to the DCA method, you will save the most on the purchase price and you will be able to take the opportunity to buy deep.

The best decision we can take for our own betterment is to invest in Bitcoin and stop telling people to buy Bitcoin when we don't even have any Bitcoin holding. The truth is bitter and many of us have been a victim of this for years. It wouldn't make any sense when we continue to advise people to buy when we don't buy, this is a bad lifestyle we shouldn't embrace.

There is bigger rewards when you invest in Bitcoin than telling people to buy when you don't buy. There are people that like doing this and it's doesn't make a sense. Holders should be the ones telling others to buy not non holders. To invest in Bitcoin, we can using the DCA strategy.

Are you worried about those advising others to invest in Bitcoin when they are not? I would rather say no one should be questionable about this because anyone telling others to invest in Bitcoin when they are not are only deceiving themselves and not the person they think they are deceiving since they might end up missing opportunities they would have benefited while thinking they are deceiving others.

[Showlove01]

What you have guessed about Bitcoin investment is true, but the extent to which you have been able to involve yourself in Bitcoin investment will be the most enjoyable. You will not benefit from being happy by seeing other people's investments. If you can stay with Bitcoin investment for a long time, then it will definitely be the best for you. However, you should never buy aggressively with Bitcoin investment, but you can slowly and calmly follow the DCA method according to your ability and you can maintain Bitcoin investment for a long time and buy Bitcoin. However, if you invest in Bitcoin according to the DCA method, you will save the most on the purchase price and you will be able to take the opportunity to buy deep.

The best decision we can take for our own betterment is to invest in Bitcoin and stop telling people to buy Bitcoin when we don't even have any Bitcoin holding. The truth is bitter and many of us have been a victim of this for years. It wouldn't make any sense when we continue to advise people to buy when we don't buy, this is a bad lifestyle we shouldn't embrace.

There is bigger rewards when you invest in Bitcoin than telling people to buy when you don't buy. There are people that like doing this and it's doesn't make a sense. Holders should be the ones telling others to buy not non holders. To invest in Bitcoin, we can using the DCA strategy.

Are you worried about those advising others to invest in Bitcoin when they are not? I would rather say no one should be questionable about this because anyone telling others to invest in Bitcoin when they are not are only deceiving themselves and not the person they think they are deceiving since they might end up missing opportunities they would have benefited while thinking they are deceiving others.

Anyone who is telling someone to invest in Bitcoin thinking they are deceiving the person, it shows a high level of ignorance because they are doing the person more good than what they feel they are doing the person and by the time they realize what they have done for the person they will be so angry at theirselve and they might even shield tears because they would or might have gone far in there accumulation journey, anyone who has a friend that is telling him or her to invest in Bitcoin should take the advice very serious because it is indeed a good advice.

[virasog]

Are you worried about those advising others to invest in Bitcoin when they are not? I would rather say no one should be questionable about this because anyone telling others to invest in Bitcoin when they are not are only deceiving themselves and not the person they think they are deceiving since they might end up missing opportunities they would have benefited while thinking they are deceiving others.

Those who have already invested in bitcoins, good for them but there are certain dates or time when one should be careful in investing in bitcoin or do more accumulation in bitcoin and that is one of those days today. Today is a big day as Federal Funds Rate are to be announced and then more importantly is the FOMC Press Conference that will decide the fate for the next two months for the crypto market.

I am not sure what exactly is going to happen as Polymarket suggests that there will be 25% basis point cut but the today Bitcoin has been under too much sell pressure as if there would be no rate cuts.   I would suggest to stay on the sidelines for now, do not buy or sell, until the things are cleared after the data and speech.

[Yeesha]

There are many investors who start investing without any idea about investing. When someone knows about investing and is aware of its risks, strategies and volatility, he will invest according to his financial management. As a result, he will be able to face any adverse situation without panicking. There are many who invest a large amount of money without having any idea about investing and then get disappointed when the market falls. So when someone gains knowledge about the basics of Bitcoin and starts his investment in a planned manner, it helps him to maintain the continuity of investment and he can achieve success in the long run.

I don't deny, and I would never deny any of your statements, but my question is: what did you think will happen to someone that jumped into an ocean and cannot swim?

So far as I know, If someone jumps into an ocean and can't swim, they might struggle to stay afloat and could potentially drown or die if they don't get help.  So in this kind of situation the risk or chances of death is actually greater than the chances of survival because of the person's inability to swim.

Back to our discussion, investing into something that you know nothing about is actually not advisable, because the chances of loss is actually greater than the chances of being profitable in your investment. So it is very important to acquire knowledge and understanding, and also have some skills and experience before you start an investment to prevent yourself from putting your funds at risk. everyone as the right to choose whatever they believe, and you are also free to invest in anything you want at anytime you like or wish, but the must important thing is to stay focused and wait for the right time.

[Bigjoe33]

Sit down, spend time for searching and learning about Bitcoin from technology to its market history, are very essential and vital steps for doing very firstly in order to be well-prepared for your investment with Bitcoin.

I don't advise any people to start their investment in Bitcoin without first steps of learning about Bitcoin. Investment is only safe to do if they are knowledgeable about Bitcoin and the market. People can do like you said but it is dangerous practice as without knowledge foundation, they will be more sensitive and vulnerable with news, FUD, and market volatility. Naturally, without knowledge foundation, they are more likely gamblers in the market and their both mentality and hands are unavoidably weak. Zero knowledge foundation, weak mentality and weak hands are good contributors for investment failures.

I think you have made a nice point, because we can't underscore the importance of knowledge in whatever we want to do it get into. Surely, knowledge is required. But I want to quickly point out that we can't possibly leave everything at a go, or sit to acquire all knowledge before we ever get started. I think the best of the knowledge comes from the experiences we will get ourselves while already in the investment. I bet you that even the pro's and those who have spent years(3-4-5 or so circles) in the investment business are still learning, just that they have more experiences now.

So if a potential investor is able to get basic knowledge about Bitcoin, have his discretionary income, able to do a proper income management, then such potential investor can begin his investment journey by accumulating Bitcoin using the DCA strategy. As time goes on, he would learn along and even more. The point here is that we must no stay out for long because we want to learn everything necessary before starting our investment. I think we can't really learn everything at once. We must start and learn the greater part while we keep up with our investment.

What you have guessed about Bitcoin investment is true, but the extent to which you have been able to involve yourself in Bitcoin investment will be the most enjoyable. You will not benefit from being happy by seeing other people's investments. If you can stay with Bitcoin investment for a long time, then it will definitely be the best for you. However, you should never buy aggressively with Bitcoin investment, but you can slowly and calmly follow the DCA method according to your ability and you can maintain Bitcoin investment for a long time and buy Bitcoin. However, if you invest in Bitcoin according to the DCA method, you will save the most on the purchase price and you will be able to take the opportunity to buy deep.

The best decision we can take for our own betterment is to invest in Bitcoin and stop telling people to buy Bitcoin when we don't even have any Bitcoin holding. The truth is bitter and many of us have been a victim of this for years. It wouldn't make any sense when we continue to advise people to buy when we don't buy, this is a bad lifestyle we shouldn't embrace.

There is bigger rewards when you invest in Bitcoin than telling people to buy when you don't buy. There are people that like doing this and it's doesn't make a sense. Holders should be the ones telling others to buy not non holders. To invest in Bitcoin, we can using the DCA strategy.

Are you worried about those advising others to invest in Bitcoin when they are not? I would rather say no one should be questionable about this because anyone telling others to invest in Bitcoin when they are not are only deceiving themselves and not the person they think they are deceiving since they might end up missing opportunities they would have benefited while thinking they are deceiving others.

You are right bro. No need to worry about that at all. Anyone who does that will only end up regretting he has not acquired Bitcoin to himself when at last Bitcoin surges so high. And secondly, what do we care? If he is not investing, how does it affect anyone here in this forum or community? It's his possession not ours. Everyone has the ability or choice to do what suits them, either in spending or investment. I have chosen to invest into Bitcoin because it promises a brighter financial future if I Hodl for long. Whatever the next person does is his choice. It is better we solidify our future financially by investing bitcoin now rather than waste them on unnecessary spending, it's there income though.

[GIF-JOBS]

<<<

<<<

Yes brother, I am glad to agree with you. Before starting to invest in Bitcoin, it is better to have a basic understanding of Bitcoin. Because it is important for you to know what you are investing in. However, I think if we delay investing due to excessive practice, it will be a setback for us. It is important for us to start investing first. It is possible to gain knowledge as soon as we start, so that we can start investing without delaying to analyze or gain knowledge about investment. I have said before that the beginning is very important to reach our main goal. Continuing to invest in our own knowledge and a healthy brain is enough to reach the goal of success.

Everyone's circumstances are certainly different in all areas, including investing. For beginners who are just learning the basics of investing and are just getting to know Bitcoin, they must maintain their enthusiasm to avoid getting bored. While learning, they can also experiment with the capital they have so that everything they learn can have clearer benefits for themselves and their future. However, despite all that, I recommend that every beginner use the most comfortable method when investing because beginners don't have to experience more pressure when they are starting to learn to understand several important things related to Bitcoin investment.

Investing using the DCA method is safe, especially for beginners, and it's financially secure. It allows us to manage the amount of money allocated for investment without disrupting other finances.
And with any investment choice, we must learn a lot before making a decision. Likewise, investing in Bitcoin requires a lot of study before deciding to invest. This is a very promising investment for the future, but there are several important things to learn for success, especially emotional control and understanding market charts to avoid panicking when a decline occurs or rushing into a small increase.

The DCA method is a really safe and stable investment strategy for beginners, because it reduces risk and builds the habit of investing small amounts regularly, but you also have to be mentally prepared to maintain it consistently. Basically, no matter how easy it seems to invest in Bitcoin consistently, it becomes very difficult due to market volatility, because many people cannot maintain their mentality, which is why they fail here many times, so having mental stability and market analysis skills is also very important, because making the wrong decision can lead to failure.

[LOCKACO]

Absolutely starting a bitcoin investment is not all about acquiring some kind of knowledge or do a lot of research just like  you like what you said, one need to start his or her investment , it is good to study how to use your discretionary income it is very wise to invest on long term than targeting for short term, bitcoin is volatile asset will should be extremely careful when investing in bitcoin.
Investing in the bitcoin now when the price is still okay is definitely wise.
Lastly learning befor embarking on bitcoin investment is normal so that one will not miss out or make so silly mistake while investing.

Sit down, spend time for searching and learning about Bitcoin from technology to its market history, are very essential and vital steps for doing very firstly in order to be well-prepared for your investment with Bitcoin.

I don't advise any people to start their investment in Bitcoin without first steps of learning about Bitcoin. Investment is only safe to do if they are knowledgeable about Bitcoin and the market. People can do like you said but it is dangerous practice as without knowledge foundation, they will be more sensitive and vulnerable with news, FUD, and market volatility. Naturally, without knowledge foundation, they are more likely gamblers in the market and their both mentality and hands are unavoidably weak. Zero knowledge foundation, weak mentality and weak hands are good contributors for investment failures.

you are correct, looking at it, it is important to have basic knowledge of bitcoin before investing, and even without much knowledge of bitcoin one can still make huge profit from it while following some few steps which include,
1. consistent and continuous accumulation of bitcoin to very large extent for a long time
2. HODLing unto accumulated Bitcoin for 4-10 years
With this 2 information alone even newbies can earn from bitcoin,  but the problem today is that some people want quick cash and newbies tends to dive into bitcoin for quick cash without any knowledge of the market, how to navigate the interface, and even if they know all this, their trading abilities might not earn them what they want, but my advice to anyone is to buy and Hodl.

[JayJuanGee]

<<<

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.

The ONLY basic things that newbies need to know about bitcoin in order to get started is that number goes up (or might go up) and whether they have a discretionary income.

They (newbies) can figure out the details as they go, and surely the less that newbies know or feel comfortable, then the smaller their getting started amount would be until they build their knowledge and comfort level in regards to bitcoin, yet more importantly about their own cashflow situation, which would likely allow them to increase their bitcoin position size as their knowledge and comfort (getting used to it) increases.

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.

There is no need for beginner investors to fuck around with diversifying.  They have to get started, and they can get started with merely cash and bitcoin, and perhaps after tehy build their investment up to a certain level, such as 3-6 months of their expenses or some other meaningful amount, then perhaps that they might start to consider diversifying beyond cash and bitcoin, yet it seems a distraction for guys to be fucking around with diversification before they even have some kind of a investment level (adding up bitcoin and back up funds) that might start to approach some where in the ballpark of 6-ish months of their expenses, or more).

It might be a different story if someone is already coming to bitcoin with a quasi-liquid networth that is 6-ish months or more of their expenses.

Otherwise diversification is largely a BIG ass distraction.

<<<

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.

There is nothing wrong with guys playing some favorites with their areas of interest, yet there is no requirements that guys learn anything beyond their own finances to get started with bitcoin - yet I agree with guys playing to their own personal areas of interest, so if their are some potentially productive ways that guys can become stimulated to want to learn more about bitcoin, then they are likely advantaged by playing to their interests - yet at the same time, they may well identify that they have to be careful if they get too sucked into their area of interest, yet at the same time, they might end up working against their own financial interest if they don't simultaneously get started buying bitcoin at some reasonable rate that fits with their financial level.

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.

Each person has to figure out when diversification might start to make sense for them, and I doubt that they need to get to overaccumulation stage before some variation of diversification might start to make sense, especially when they might get to their bitcoin constituting a year or more of their expenses, and perhaps they might start to feel that they need some back up funds in assets/currencies other than cash.  It is hard to know when this might make sense for guys, yet it seems likely  to come quite a bit before they arrive at overaccumulation stage.. even though sure, there could be some ways of defining overaccumulation that might allow that stage to make sense as to when they might start to accumulate other assets/currencies (other than just bitcoin and cash).

If there is no separate side job or any field of work other than sufficient cash used for Bitcoin, then for now, Bitcoin investment should be the priority because there will be additional pressure to earn the money used while investing in other assets or sectors. I would say that those looking to diversify should consider other things after they have the ability to safely, seamlessly, with a high level of discipline and orderly conduct their BTC investments.

The primary reason most Investors diversify is because of security, they just want to spread their investment across different reliable asset like land, gold or real estate just to be safe financial since nothing is guaranteed in the future, including Bitcoin investment, and before an investor should think of diversifying, he should be buoyant financially and his Bitcoin investment should be close to the end of his accumulation journey or he has gotten there already, not in a situation whereby he is just starting out and he is talking on diversification, that's not logical if you ask me.

I disagree with you, not most investors diversify because of security rather only few investor normally do that and the ones that does that are said to understand and know what investment and diversification means and they will always do it when they have reached a dew point or desire point before doing that while the primary reason why most investor diversify is because of quick profit, because they feel after having a Bitcoin portfolio they can go about and diversify the way they want  and that is why you see some people going to diversify into shitcoins and memecoins because they are expecting a surge after knowing that those coins are not worthy to be diversify into.

Sure.  Even though some folks consider diversification as a means to gamble by throwing money around into various kinds of assets, we do not necessarily accept that the gambling rationale for diversification is a framework that we are wanting to discuss, even though a lot of folks think about diversification as a means to throw enough shit at the wall and hope that something sticks.  They have a gambling mentality that they likely need to fix if they ever want to actually build something rather than never getting anywhere.

Of course, there are some folks who cannot control their inclinations to trade and/or gamble and/or to involve themselves in shitcoins, so if they could at least strive to ONLY fuck around with no more than 10% of the size of their bitcoin investment, then at least they would be able to channel (and limit) what is likely going to be a waste of time, energy and money, yet so many folks with such a gambling/trading/shitcoining mindset have difficulties limiting themselves so even if they start out with intentions to restrict themselves, they are not able to control themselves, which is part of my own suggestion that they allow no more than 10% ;of the size of their bitcoin investment to be channeled in such direction -and even though some folks might be able to accomplish such, there are a lot of folks who are either not going to be able to restrict themselves and/or they will conclude that they are smarter than everyone else and able to control their own gambling/shitcoining/trading inclinations, which truly is there choice and not likely to fare well.. unless they really are that rare (5 % special person who can figure out some system in which they  do not end up losing more than they gain) from going beyond such 10% self-imposed limit.

[Crytohillss]

<<<

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.

The ONLY basic things that newbies need to know about bitcoin in order to get started is that number goes up (or might go up) and whether they have a discretionary income.

They (newbies) can figure out the details as they go, and surely the less that newbies know or feel comfortable, then the smaller their getting started amount would be until they build their knowledge and comfort level in regards to bitcoin, yet more importantly about their own cashflow situation, which would likely allow them to increase their bitcoin position size as their knowledge and comfort (getting used to it) increases.

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.

There is no need for beginner investors to fuck around with diversifying.  They have to get started, and they can get started with merely cash and bitcoin, and perhaps after tehy build their investment up to a certain level, such as 3-6 months of their expenses or some other meaningful amount, then perhaps that they might start to consider diversifying beyond cash and bitcoin, yet it seems a distraction for guys to be fucking around with diversification before they even have some kind of a investment level (adding up bitcoin and back up funds) that might start to approach some where in the ballpark of 6-ish months of their expenses, or more).

It might be a different story if someone is already coming to bitcoin with a quasi-liquid networth that is 6-ish months or more of their expenses.

Otherwise diversification is largely a BIG ass distraction.

<<<

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.

There is nothing wrong with guys playing some favorites with their areas of interest, yet there is no requirements that guys learn anything beyond their own finances to get started with bitcoin - yet I agree with guys playing to their own personal areas of interest, so if their are some potentially productive ways that guys can become stimulated to want to learn more about bitcoin, then they are likely advantaged by playing to their interests - yet at the same time, they may well identify that they have to be careful if they get too sucked into their area of interest, yet at the same time, they might end up working against their own financial interest if they don't simultaneously get started buying bitcoin at some reasonable rate that fits with their financial level.

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.

Each person has to figure out when diversification might start to make sense for them, and I doubt that they need to get to overaccumulation stage before some variation of diversification might start to make sense, especially when they might get to their bitcoin constituting a year or more of their expenses, and perhaps they might start to feel that they need some back up funds in assets/currencies other than cash.  It is hard to know when this might make sense for guys, yet it seems likely  to come quite a bit before they arrive at overaccumulation stage.. even though sure, there could be some ways of defining overaccumulation that might allow that stage to make sense as to when they might start to accumulate other assets/currencies (other than just bitcoin and cash).

If there is no separate side job or any field of work other than sufficient cash used for Bitcoin, then for now, Bitcoin investment should be the priority because there will be additional pressure to earn the money used while investing in other assets or sectors. I would say that those looking to diversify should consider other things after they have the ability to safely, seamlessly, with a high level of discipline and orderly conduct their BTC investments.

The primary reason most Investors diversify is because of security, they just want to spread their investment across different reliable asset like land, gold or real estate just to be safe financial since nothing is guaranteed in the future, including Bitcoin investment, and before an investor should think of diversifying, he should be buoyant financially and his Bitcoin investment should be close to the end of his accumulation journey or he has gotten there already, not in a situation whereby he is just starting out and he is talking on diversification, that's not logical if you ask me.

I disagree with you, not most investors diversify because of security rather only few investor normally do that and the ones that does that are said to understand and know what investment and diversification means and they will always do it when they have reached a dew point or desire point before doing that while the primary reason why most investor diversify is because of quick profit, because they feel after having a Bitcoin portfolio they can go about and diversify the way they want  and that is why you see some people going to diversify into shitcoins and memecoins because they are expecting a surge after knowing that those coins are not worthy to be diversify into.

Sure.  Even though some folks consider diversification as a means to gamble by throwing money around into various kinds of assets, we do not necessarily accept that the gambling rationale for diversification is a framework that we are wanting to discuss, even though a lot of folks think about diversification as a means to throw enough shit at the wall and hope that something sticks.  They have a gambling mentality that they likely need to fix if they ever want to actually build something rather than never getting anywhere.

Of course, there are some folks who cannot control their inclinations to trade and/or gamble and/or to involve themselves in shitcoins, so if they could at least strive to ONLY fuck around with no more than 10% of the size of their bitcoin investment, then at least they would be able to channel (and limit) what is likely going to be a waste of time, energy and money, yet so many folks with such a gambling/trading/shitcoining mindset have difficulties limiting themselves so even if they start out with intentions to restrict themselves, they are not able to control themselves, which is part of my own suggestion that they allow no more than 10% ;of the size of their bitcoin investment to be channeled in such direction -and even though some folks might be able to accomplish such, there are a lot of folks who are either not going to be able to restrict themselves and/or they will conclude that they are smarter than everyone else and able to control their own gambling/shitcoining/trading inclinations, which truly is there choice and not likely to fare well.. unless they really are that rare (5 % special person who can figure out some system in which they  do not end up losing more than they gain) from going beyond such 10% self-imposed limit.

Absolutely, for a new beginner who is starting this ideal and  the knowledge his gain on the Bitcoin can really be of helpful to him buying Bitcoin with the right knowledge is good the technical aspects is when one in invest Bitcoin for long term not for Short newbies that buy Bitcoin should be ready  to buy bitcoin patiently and consistently and hod it for long run for future purposes .     

[Churchillvv]

Sure.  Even though some folks consider diversification as a means to gamble by throwing money around into various kinds of assets, we do not necessarily accept that the gambling rationale for diversification is a framework that we are wanting to discuss, even though a lot of folks think about diversification as a means to throw enough shit at the wall and hope that something sticks.  They have a gambling mentality that they likely need to fix if they ever want to actually build something rather than never getting anywhere.

Perhaps you have hit all the nails at the head, yet will like to add or perhaps possibly buttress on the fact that guys especially those who get involved with shitcoinary activities do not accept the mere fact that they are gambling instead of they try to convince themselves with the word diversification, which in the lower level clarification means “trying your luck” yet folks seem not to observe the word or accept the truth to themselves.
Perhaps from records, history and general performance of bitcoin, there seems to be a very low chance (zero or 1%/99%) of one trying out luck in bitcoin hence, investment is the right word for bitcoin yet guys seem to be vaguely speaking using the same concept when referring to shitcoin instead of gambling and/or trading. Yet it’s not to disagree that diversification is not somewhat good yet having to think of diversification only requires one to be well developed with their bitcoin portfolio hence one is able not to get themselves distracted yet only gambling with a very low percentage of their bitcoin portfolio.

Hence this leads me to say that even though we might have some guys here who have been in bitcoin for the last 10 years to 15 years yet, only a very minor number of guys here are mature enough with their bitcoin portfolio to discuss diversification, hence sticking with the fact that we need to accumulate more bitcoin should be the area of focus if not for all yet for all.

[PhilosopherKing]

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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.

The ONLY basic things that newbies need to know about bitcoin in order to get started is that number goes up (or might go up) and whether they have a discretionary income.

They (newbies) can figure out the details as they go, and surely the less that newbies know or feel comfortable, then the smaller their getting started amount would be until they build their knowledge and comfort level in regards to bitcoin, yet more importantly about their own cashflow situation, which would likely allow them to increase their bitcoin position size as their knowledge and comfort (getting used to it) increases.

People keep forgetting that in Bitcoin they learn more as they go(experience) not by remaining in the same spot. The journey of accumulating Bitcoin is truly procedural and because of that  it is not a must for beginners to wait until he fully understand everything there is to know about Bitcoin before starting out. Once they have their discretionary income and also understand the central feature of Bitcoin which is that it is volatile(constant price fluctuation), then there shouldn't be nothing else stopping them from starting to invest in Bitcoin. And once they have started out,  other things can be learnt, and done a long the way.  Many people keep fucking around and delaying themselves with the sick and lame mentality that Bitcoin investment is only meant for those who are wealthy and financially stable and well doing, but that is a lie. A person can start small with the amount they have( so as it is that left over money that they can spare), and along increase it, while also building up their experience and confidence at the same very time

[Sonia_123]

Are you worried about those advising others to invest in Bitcoin when they are not? I would rather say no one should be questionable about this because anyone telling others to invest in Bitcoin when they are not are only deceiving themselves and not the person they think they are deceiving since they might end up missing opportunities they would have benefited while thinking they are deceiving others.

Those who have already invested in bitcoins, good for them but there are certain dates or time when one should be careful in investing in bitcoin or do more accumulation in bitcoin and that is one of those days today. Today is a big day as Federal Funds Rate are to be announced and then more importantly is the FOMC Press Conference that will decide the fate for the next two months for the crypto market.

I am not sure what exactly is going to happen as Polymarket suggests that there will be 25% basis point cut but the today Bitcoin has been under too much sell pressure as if there would be no rate cuts.   I would suggest to stay on the sidelines for now, do not buy or sell, until the things are cleared after the data and speech.

Very correct @ Virasog, good advice, about 6 hours ago, the U.S  Federal reserve has already announced it's second rate cut of 2025 which was lowered by another 25 basis points which will be ranging from 4.0-4.25% in the FOMC meetings.

https://coingape.com/fomc-meeting-federal-reserve-lowers-interest-rates-by-25-bps-in-second-cut-of-the-year/.

Therefore you need to watch the market before you make any transactions.

[Tungbulu]

I disagree with you, not most investors diversify because of security rather only few investor normally do that and the ones that does that are said to understand and know what investment and diversification means and they will always do it when they have reached a dew point or desire point before doing that while the primary reason why most investor diversify is because of quick profit, because they feel after having a Bitcoin portfolio they can go about and diversify the way they want  and that is why you see some people going to diversify into shitcoins and memecoins because they are expecting a surge after knowing that those coins are not worthy to be diversify into.

Sure.  Even though some folks consider diversification as a means to gamble by throwing money around into various kinds of assets, we do not necessarily accept that the gambling rationale for diversification is a framework that we are wanting to discuss, even though a lot of folks think about diversification as a means to throw enough shit at the wall and hope that something sticks.  They have a gambling mentality that they likely need to fix if they ever want to actually build something rather than never getting anywhere.

Of course, there are some folks who cannot control their inclinations to trade and/or gamble and/or to involve themselves in shitcoins, so if they could at least strive to ONLY fuck around with no more than 10% of the size of their bitcoin investment, then at least they would be able to channel (and limit) what is likely going to be a waste of time, energy and money, yet so many folks with such a gambling/trading/shitcoining mindset have difficulties limiting themselves so even if they start out with intentions to restrict themselves, they are not able to control themselves, which is part of my own suggestion that they allow no more than 10% ;of the size of their bitcoin investment to be channeled in such direction -and even though some folks might be able to accomplish such, there are a lot of folks who are either not going to be able to restrict themselves and/or they will conclude that they are smarter than everyone else and able to control their own gambling/shitcoining/trading inclinations, which truly is there choice and not likely to fare well.. unless they really are that rare (5 % special person who can figure out some system in which they  do not end up losing more than they gain) from going beyond such 10% self-imposed limit.

I totally get where you’re coming from and completely agree with your points. When people choose to do diversification properly, it could actually turn out to be a pretty great way of managing risks, rather than just another excuse for reckless speculation. It’s true that a lot people now have a misconception about diversification and treat it like a form of gambling, scattering their funds across several assets which they’re hopeful will perform well. This is purely gambling and speculation which mostly ends up doing more hand than good.

I also buy the idea of setting a limit, like using only around 10% of their Bitcoin investment, this is a lot more sensible that chasing shadows and putting your investment in some wide goose chase. Plus it gives one the flexibility and gives some folks the opportunity to experiment or satisfy their urge to trade (for those with such urge) with necessarily  having to jeopardize your Bitcoin stack… although it’s one thing to have or set those limits and it’s another to actually stick to them, which of course requires a great deal of discipline and patience, which not everyone possesses, because most of them might begin with intentions of sticking to their limits but in the long run, their emotion sets in and they go out of their way.

One of the facts I admire so much about Bitcoin is the fact that it has already set a form of a pattern or foundation for growth as well as preservation of value and wealth. When an investor is constantly chasing profits,  it usually lands in unintended and wasted energy.  But an investor with discipline knows that true success in Bitcoin comes from patience and discipline, as well as proper allocation, in fact the market has proven countless times  to reward long term conviction and over smartness or attempting to outsmart the market. Even those who just simply wish to prove a point that they can actually continue to be in profits through short term high risk trading.

[Joeboy]

Absolutely starting a bitcoin investment is not all about acquiring some kind of knowledge or do a lot of research just like  you like what you said, one need to start his or her investment , it is good to study how to use your discretionary income it is very wise to invest on long term than targeting for short term, bitcoin is volatile asset will should be extremely careful when investing in bitcoin.
Investing in the bitcoin now when the price is still okay is definitely wise.
Lastly learning befor embarking on bitcoin investment is normal so that one will not miss out or make so silly mistake while investing.

Sit down, spend time for searching and learning about Bitcoin from technology to its market history, are very essential and vital steps for doing very firstly in order to be well-prepared for your investment with Bitcoin.

I don't advise any people to start their investment in Bitcoin without first steps of learning about Bitcoin. Investment is only safe to do if they are knowledgeable about Bitcoin and the market. People can do like you said but it is dangerous practice as without knowledge foundation, they will be more sensitive and vulnerable with news, FUD, and market volatility. Naturally, without knowledge foundation, they are more likely gamblers in the market and their both mentality and hands are unavoidably weak. Zero knowledge foundation, weak mentality and weak hands are good contributors for investment failures.

you are correct, looking at it, it is important to have basic knowledge of bitcoin before investing, and even without much knowledge of bitcoin one can still make huge profit from it while following some few steps which include,
1. consistent and continuous accumulation of bitcoin to very large extent for a long time
2. HODLing unto accumulated Bitcoin for 4-10 years
With this 2 information alone even newbies can earn from bitcoin,  but the problem today is that some people want quick cash and newbies tends to dive into bitcoin for quick cash without any knowledge of the market, how to navigate the interface, and even if they know all this, their trading abilities might not earn them what they want, but my advice to anyone is to buy and Hodl.

If folks don't understand that Bitcoin is a volatile asset it will even be very difficult for them to be disciplined enough to follow through the two steps that you enlisted.....That is why it is important that first of folks or better still let me say newbies, understand that the price of Bitcoin isn't stable,  it fluctuates from time to time . When they understand this, it will be very easy for them to assimilate and adopt the idea of using only their descretionary income for consistent accumulation and HODLing for the duration of 4-10 yrs+

[7juju]

I am not sure what exactly is going to happen as Polymarket suggests that there will be 25% basis point cut but the today Bitcoin has been under too much sell pressure as if there would be no rate cuts.   I would suggest to stay on the sidelines for now, do not buy or sell, until the things are cleared after the data and speech.

Bad strategy if you ask me, investor who are on the long term don't need to be nosy about any fed rate cuts or whatever they are doing, this is not the first time rates are being cut so why should one who is accumulating for long term and has not desire whatsoever to sell any time soon wait on the sideline before buying? Well I guess it is those traders you are speaking to, as no reasonable investor who is not in for a quick profits will listen to this your advice, especially investors who buy bitcoin through the DCA method.

[JayJuanGee]

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.

Every investment strategy works as long as they are applied the right way, so it's not one the DCA method that works for bitcoin investors, it's just the most popular one since it appears to provide more opportunities for all kinds of investors with whatever budget range, it doesn't really discriminate in that regards, in a way while DCA doesn't care for price changes or market volatility but is also requires a reasonable amount of investment consistency which will ultimately demand alot of focus on the side of the investor and of course other bitcoin investment strategies require these things as well but arguably not as much as the DCA does. Anyone that can convince themselves to invest with the DCA and actually stay consistent in their investment can succeed in any other investment strategy, the level of hard work required to successfully pull of DCAing in a long term investment, will be enough to succeed in any other investment strategy as long as the investor knows what they are doing.

I do not fully agree with you. Its only those who make use of DCA strategy that should have no business timing the market. I hope you know that there are those people who buy the dips, and also happen to be long term investors, are you then saying that they shouldn't time the market?     Because the market volatility, timing the market is a very stressful and burdensome approach that is why new people to investment are always told to stick to DCA method because it is less stressful and does not require you to time markete.

I can't say I agree with you entirely, I could use lump sum purchase to buy bitcoin when the price is high, of course it would have been better to buy at a lower price but since my investment is going to be long term then the 10% difference between a high and low price will end up being inconsequential to me as an investor.
So while it is true that someone investing in bitcoin with DCA has no reason to bother with timing the market they are not necessarily the only ones who shouldn't be bothered by it, a lump sum investor can decide to not care about whether the price is high or low to buy, if the plan is long term then it makes no difference.

You are correct in what you are saying ZeroVinsonN, and it is true that Lump sum by itself is not really oriented towards whether there is a price dip or not, but instead is oriented towards buying bitcoin as the money comes available.. yet if the lump sum amount that has been received causes a person to be concerned about using all of the lump sum at that particular price, he may well decide to divide some of the funds in order to defer his purchase by time and/or by price.

It seems to me that almost everyone would prefer to buy BTC lower rather than higher, yet part of the problem for any time that we choose to wait rather than buy right away is that we cannot really know if the BTC price might go up, down or sideways, so buying right away ends up serving as a kind of upside risk insurance. .since it is always possible that the BTC price will go up and never come back down, so newbie no coiners and/or low coiners likely are better off to just buy and keep buying rather than employing waiting strategies.. especially by definition both no coiners and low coiners don't have enough bitcoin.. so one of the most assured way of addressing their issue of having no coins or not enough coins is to buy an continue to buy no matter the price until they have enough or more than enough.

So surely no coiners and low coiners can frequently have dilemas about when to buy and/or whether it is worth it to wait.. and surely a lot of them have gotten screwed in the last 3-4 years if they have been employing waiting strategies rather than employing ongoing buying strategies, and sure, sometimes they might have bought BTC at higher prices, and then the BTC price ended up going down rather than up, and they might have had felt some regret about their earlier purchases. yet at the same time, frequently  (and perhaps even most times) they really cannot have a lot of confidence that the BTC price is going to go down, even if a bunch of people are proclaiming that BTC prices are going to go down.. the same is true the last 3-4 years, and largely the BTC price has gone up in the past 3-4 years, and frequently it takes a whole hell of a long time to really build up a bitcoin holdings.. so likely it is better to just ongoingly buy, especially for newbies, rather than trying to figure out if the BTC price is going to dip or not.

Those are the basics that I don't think are difficult, and indeed, to invest in Bitcoin, we don't need to overthink things to the point of fear. The important thing is to believe in Bitcoin's future, and that's enough to commit to investing in Bitcoin with ourselves so we can be consistent in our investments for the future.
Things beyond that come back to ourselves. Fundamentally, managing our finances requires us to be able to manage our money well in any investment we make.

Everyone's risk-taking ability and attitude are different. Some can invest more, some less, some may keep less investment or want to get out because of doubts about Bitcoin, which is not wrong. Those who have good research and faith in Bitcoin decide to invest. And invest the right amount according to the level of faith. Many people still do not have enough knowledge about Bitcoin or do not have faith, so they invest less. So making an investment decision and deciding the amount is different. You should decide according to your own beliefs and situation.

I agree with you that each person should both figure out whether to invest and then how much to invest based on his own circumstances, so even a decision to invest does not necessarily address how much to invest.. and surely a beginner is o.k.. to get started with a small amount as he is getting more comfortable, he can increase the amount.

Some folks do not want to invest without investing a large amount, which does seem to be a problematic way of thinking both in terms of their likely delay to get started since they are potentially wanting to make sure they enter in a more advantageous way (such as on the dip).

Part of the issue is that an overwhelming majority of people should be getting started investing in bitcoin,  but they don't do it for whatever reason  - likely in terms of their being afraid that they don't know enough, which is never going to get them anywhere in terms of what they should be doing.. which is getting the fuck started.. (as long as they have discretionary income, and if they do not have discretionary income, they are best off to figure out how to get discretionary income so that they can get started).  Bitcoin is going to help everyone as long as they have a discretionary income, so then the main question for almost everyone should be "how much" rather than "whether" to get into bitcoin.

Of course, people do not necessarily know that they need to get started in bitcoin, so yeah, there are going to continue to be a lot of losers who are missing out in terms of situation in which we have an ongoing transfer of wealth from the no coiners to the coiners, so anyone should rather be on the receiving end of such ongoing transfer of wealth rather than the giving end of such ongoing transfer of wealth.

So ultimately the question should be how much to invest into bitcoin rather than whether, and sure a lot of folks are getting the answer to the whether question wrong.. too bad for them..

Are you worried about those advising others to invest in Bitcoin when they are not? I would rather say no one should be questionable about this because anyone telling others to invest in Bitcoin when they are not are only deceiving themselves and not the person they think they are deceiving since they might end up missing opportunities they would have benefited while thinking they are deceiving others.

Those who have already invested in bitcoins, good for them but there are certain dates or time when one should be careful in investing in bitcoin or do more accumulation in bitcoin and that is one of those days today. Today is a big day as Federal Funds Rate are to be announced and then more importantly is the FOMC Press Conference that will decide the fate for the next two months for the crypto market.

I don't see why any bitcoiners should give too many shits about what the fed does or does not do in regards to interest rates.  Yes, of course, more liquidity (meaning lower interest rates) likely indicates an allowance for more money to be able to slosh around in the world, yet you seem quite distracted if you are believing that what you do relates to what the feds do.

You have also been registered on the forum since late 2015, which is nearly 10 years, and surely by now you might have had gotten enough BTC.. which truly is not the case for a lot of folks here.. yet at the same time, you seem to have had not figured out what you are doing, since you are worried about what the fed may or may not do and you also seem to be distracted by concepts of "crypto."  

Are you referring to bitcoin when you say "crypto"? or do you really not know what bitcoin is after being registered on the forum for nearly 10 years (congratulations, I think?) ?  Or maybe you were trying to sound smarter, so you used the term crypto.. rather than trying to stay focused on the topic of this thread, which happens to be bitcoin, if you had not noticed?

I am not sure what exactly is going to happen as Polymarket suggests that there will be 25% basis point cut but the today Bitcoin has been under too much sell pressure as if there would be no rate cuts.   I would suggest to stay on the sidelines for now, do not buy or sell, until the things are cleared after the data and speech.

Why?  I would think when in doubt buy, unless you have gotten to the point of having enough or more than enough.  Are you trying to say that you have enough or more than enough bitcoin?  Most guys participating in this thread don't seem to fit in such a category.  and even if they did whatever price moves we have around here seem like noise since we cannot really have any ideas if the price is going down or up (as you suggest) but at  the same time, the only reason we should be caring about price would be if we fit in some special classification.  

I would imagine that there could have had been quite a few guys buying BTC between $5k and $120k in the past year or so, yet if there are guys who have merely been in bitcoin around a year or so, then wouldn't they just keep buying anyhow?

You seem to be saying that we should not buy or sell right now, but you are planning to sell if it goes up or buy if it goes down or what would be your plan?   A lot of missing context - except surely you seem to have a traders mentality, and you are free to have that even if a lot of guys participating in this thread (even though the topic is open to trading or investing) do not seem to be too excited in terms of trying to trade bitcoin, anyhow.

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Yes brother, I am glad to agree with you. Before starting to invest in Bitcoin, it is better to have a basic understanding of Bitcoin. Because it is important for you to know what you are investing in. However, I think if we delay investing due to excessive practice, it will be a setback for us. It is important for us to start investing first. It is possible to gain knowledge as soon as we start, so that we can start investing without delaying to analyze or gain knowledge about investment. I have said before that the beginning is very important to reach our main goal. Continuing to invest in our own knowledge and a healthy brain is enough to reach the goal of success.

Everyone's circumstances are certainly different in all areas, including investing. For beginners who are just learning the basics of investing and are just getting to know Bitcoin, they must maintain their enthusiasm to avoid getting bored. While learning, they can also experiment with the capital they have so that everything they learn can have clearer benefits for themselves and their future. However, despite all that, I recommend that every beginner use the most comfortable method when investing because beginners don't have to experience more pressure when they are starting to learn to understand several important things related to Bitcoin investment.

Investing using the DCA method is safe, especially for beginners, and it's financially secure. It allows us to manage the amount of money allocated for investment without disrupting other finances.
And with any investment choice, we must learn a lot before making a decision. Likewise, investing in Bitcoin requires a lot of study before deciding to invest. This is a very promising investment for the future, but there are several important things to learn for success, especially emotional control and understanding market charts to avoid panicking when a decline occurs or rushing into a small increase.

The DCA method is a really safe and stable investment strategy for beginners, because it reduces risk and builds the habit of investing small amounts regularly, but you also have to be mentally prepared to maintain it consistently. Basically, no matter how easy it seems to invest in Bitcoin consistently, it becomes very difficult due to market volatility, because many people cannot maintain their mentality, which is why they fail here many times, so having mental stability and market analysis skills is also very important, because making the wrong decision can lead to failure.

I would suggest that the power of the DCA system is that the person (investor) adjusts the investment level (level of aggressiveness) to his own particulars.

Even though there are some aspects of DCA that can be set up automatically, we should still be choosing our investment level based on our own various ideas.. and yeah in the very beginning we do not know much of anything about bitcoin, so we adjust our DCA so it is fairly conservative and perhaps even whimpy, and then as we learn more ad we get more comfortable, we are able to increase our DCA amounts in accordance with how we feel about bitcoin.  

Many times, I like to say that i prefer that beginners try to invest into bitcoin every single week, and part of my own reason to suggest that level of activism, it is because from my own point of view, the more frequent a person is paying attention to bitcoin the more likely he is going to establish investing into bitcoin as a priority. and yeah, there are some folks who are lazy and other people who become obsessed in their desires to learn.  DCA investing allows an adjustment to the personality, since in the end each of us chooses our level of aggressiveness and perhaps no one really wants to lose money, even though some folks will engage in more risky behaviors and are willing to take chances, so how aggressive they are in their bitcoin investment and/or if they overdo their investment or they underdo their investment into bitcoin, then that is a result of their chosen actions.   DCA need not be something that guys ingore or consider to be acting upon them, since each of us are agents of our own activity levels.

Therefore you need to watch the market before you make any transactions.

No you don't need to watch the market (or the news or the FUD or they hype) in order to ongoingly buy bitcoin, especially the first whole cycle in bitcoin.

If you are a beginner, you get started and you figure out how much you are buying every week.  It does not matter about the various speculations regarding what the BTC price might or might not do based on various news events that may or may not be very relevant in the whole scheme of things.

The most relevant points for any particular person (especially newbies to bitcoin who might be in their first whole bitcoin cycle) relates to how much money they have available on a weekly basis in order to buy.  

Sure, if within any given week a person might want to try to time his weekly buys or the deployment of his weekly budget (allowance for bitcoin) then sure that might be o.k. and/or fun to do that.  Otherwise, just go ahead and buy every week and there is no need to try to figure out prices, at least for a whole cycle, and perhaps even a couple of cycles.

Sure.  Even though some folks consider diversification as a means to gamble by throwing money around into various kinds of assets, we do not necessarily accept that the gambling rationale for diversification is a framework that we are wanting to discuss, even though a lot of folks think about diversification as a means to throw enough shit at the wall and hope that something sticks.  They have a gambling mentality that they likely need to fix if they ever want to actually build something rather than never getting anywhere.

Perhaps you have hit all the nails at the head, yet will like to add or perhaps possibly buttress on the fact that guys especially those who get involved with shitcoinary activities do not accept the mere fact that they are gambling instead of they try to convince themselves with the word diversification, which in the lower level clarification means “trying your luck” yet folks seem not to observe the word or accept the truth to themselves.
Perhaps from records, history and general performance of bitcoin, there seems to be a very low chance (zero or 1%/99%) of one trying out luck in bitcoin hence, investment is the right word for bitcoin yet guys seem to be vaguely speaking using the same concept when referring to shitcoin instead of gambling and/or trading. Yet it’s not to disagree that diversification is not somewhat good yet having to think of diversification only requires one to be well developed with their bitcoin portfolio hence one is able not to get themselves distracted yet only gambling with a very low percentage of their bitcoin portfolio.

Hence this leads me to say that even though we might have some guys here who have been in bitcoin for the last 10 years to 15 years yet, only a very minor number of guys here are mature enough with their bitcoin portfolio to discuss diversification, hence sticking with the fact that we need to accumulate more bitcoin should be the area of focus if not for all yet for all.

In regards to your last paragraph, it seems to me that guys might invest in bitcoin for several years and then start to think that they have to diversify out of bitcoin.

I suggest that such threshold might start to begin when a persion has around 6 months of his expenses in bitcoin, yet maybe some folks might not feel any need to diversify until they get over two years of their expenses in bitcoin.  

I am not going to proclaim when that  feeling for diversification (and its possible benefits might start to kick in), but it seems waiting 10-15 years might be pushing the matter a bit too much unless a person might be investing way less than 10% of his income into bitcoin.

We could imagine scenarios in which guys might be investing 25% or more of his income into bitcoin, and a guy who is able to invest 25% of his income into bitcoin, he would have had invested a whole year's income into bitcoin after 4 years, and he might start to feel stress about his investment in bitcoin and/or that he is overly allocated in bitcoin,  and not so much by the size of the bitcoin investment, but instead by the fact that the ONLY thing he has is bitcoin and cash.

In my own case, in late 2013, I had around 20 years investing into other kinds of investments before I even got into bitcoin, so initially when i got to a 10% allocation in bitcoin by the end of 2014 (it took me a year to get to that point), I thought that I had enough bitcoin and I was sufficiently allocated to bitcoin, and I was diversified in other assets (investments too).. so then I did not even start my investment into bitcoin with bitcoin and cash because I had other assets, yet bitcoin prices stayed low for most of 2015, so I kept buying it.

Surely a person who comes to bitcoin and who has no other investments, there likelly is going to start to be feelings to potentially diversify beyond bitcoin and cash after the get their bitcoin investment to a certain number of years of their expenses and perhaps even starting around 6 months of their expenses.

I tend to take the position that it is dumb to diversify right from the start, but it is not necessarily dumb to diversify once you start building wealth, and surely I am not talking about diversifying into shitcoins.  Fuck shitcoins. Perhaps some guys might consider shitcoins to be part of their diversification solution, then I stick with my suggestion that shitcoins should not be more than 10% the size of the bitcoin investment.

[Cgrexp]

The DCA method is a really safe and stable investment strategy for beginners, because it reduces risk and builds the habit of investing small amounts regularly, but you also have to be mentally prepared to maintain it consistently. Basically, no matter how easy it seems to invest in Bitcoin consistently, it becomes very difficult due to market volatility, because many people cannot maintain their mentality, which is why they fail here many times, so having mental stability and market analysis skills is also very important, because making the wrong decision can lead to failure.

New investors think that they need to know about Bitcoin in depth first, but the real priority should be to understand their personal finances, such as: determining cash flow, backup funds, and the size of the initial investment position. In addition, gaining a basic understanding of Bitcoin. It is better to start investing small amounts and learn and increase the investment amount as confidence grows. In long-term investments, it is important to have a DCA strategy and financial management. So that an investor can continue to invest for the long term.

[Futurexxx]

New investors think that they need to know about Bitcoin in depth first, but the real priority should be to understand their personal finances, such as: determining cash flow, backup funds, and the size of the initial investment position. In addition, gaining a basic understanding of Bitcoin. It is better to start investing small amounts and learn and increase the investment amount as confidence grows. In long-term investments, it is important to have a DCA strategy and financial management. So that an investor can continue to invest for the long term.

What I think that newbies investors need in other to start his or her Bitcoin investment journey is the basic knowledge on Bitcoin and figuring out their discretionary income, once they can do that, they are good to go. They don't have to have all the knowledge about Bitcoin from the start, because it might delay their accumulation and they might not even start later on, so once they can figure out their discretionary income and they have the basic knowledge on Bitcoin and how to accumulate, nothing is stopping them from starting, along the line they can seek for more knowledge on what and what is needed in other to develop a strong holding hands, and how to put them in place,  but they must start first before seeking more knowledge.

[Xcode7]

New investors think that they need to know about Bitcoin in depth first, but the real priority should be to understand their personal finances, such as: determining cash flow, backup funds, and the size of the initial investment position. In addition, gaining a basic understanding of Bitcoin. It is better to start investing small amounts and learn and increase the investment amount as confidence grows. In long-term investments, it is important to have a DCA strategy and financial management. So that an investor can continue to invest for the long term.

What I think that newbies investors need in other to start his or her Bitcoin investment journey is the basic knowledge on Bitcoin and figuring out their discretionary income, once they can do that, they are good to go. They don't have to have all the knowledge about Bitcoin from the start, because it might delay their accumulation and they might not even start later on, so once they can figure out their discretionary income and they have the basic knowledge on Bitcoin and how to accumulate, nothing is stopping them from starting, along the line they can seek for more knowledge on what and what is needed in other to develop a strong holding hands, and how to put them in place,  but they must start first before seeking more knowledge.

Good planning from the start will lead to a satisfying investment journey. It's important to remember that we're investing for the future, and everything should be carefully considered before making a decision. There are many things to consider first, and the most important thing is financial stability so that the investment doesn't negatively impact your finances.

Regarding learning about Bitcoin, I agree with you that there's not much we need to know to start investing, just a few basic understandings and consistent implementation.