Buy Buy Buy or Sell Sell Sell?

[Mehmet69]

Everyone feels something when a significant price drop occurs, There's at least a little panic or worry about seeing the asset decline, However it's not excessive because I'm sure we all believe that Bitcoin's price will recover, no matter when.
So now we just need to focus on continuing to accumulate Bitcoin using the DCA method. I think there's a slight advantage to accumulating larger amounts than usual For some investors who are aggressive during sharp declines, there's also no harm.

Sure there is always a feeling and I'm very much sure that the way an investor feel is entirely different from the way a trader feel in situation like this. Investors will be happy especially those who were using the DCA method and was also setting up things for a moment like this while traders or short term investors will be so disappointed at the moment because their plans and expectations has been ruined and it usual is a thing that always happens to traders and will continue to happen unless turn away from the mindset of making profit in a short period of time.

All investors are really happy when they see a fall in the price of Bitcoin. Because, they know that now is the time to increase their portfolio. For a real investor, every small or big fall is a golden opportunity. And there are some experienced traders who analyze the market and trade in Bitcoin. During a big fall, there are some experienced traders who behave like investors. All those traders also wait for the falling market.

But, those who are new traders or day traders do not want to see a big fall in Bitcoin. They think that small falls are good for their business. But small falls do not always go in their favor. That is why they keep losing money again and again. Still, they prefer to avoid big falls.

[virasog]

Everyone feels something when a significant price drop occurs, There's at least a little panic or worry about seeing the asset decline, However it's not excessive because I'm sure we all believe that Bitcoin's price will recover, no matter when.
So now we just need to focus on continuing to accumulate Bitcoin using the DCA method. I think there's a slight advantage to accumulating larger amounts than usual For some investors who are aggressive during sharp declines, there's also no harm.

Sure there is always a feeling and I'm very much sure that the way an investor feel is entirely different from the way a trader feel in situation like this. Investors will be happy especially those who were using the DCA method and was also setting up things for a moment like this while traders or short term investors will be so disappointed at the moment because their plans and expectations has been ruined and it usual is a thing that always happens to traders and will continue to happen unless turn away from the mindset of making profit in a short period of time.

All investors are really happy when they see a fall in the price of Bitcoin. Because, they know that now is the time to increase their portfolio. For a real investor, every small or big fall is a golden opportunity. And there are some experienced traders who analyze the market and trade in Bitcoin. During a big fall, there are some experienced traders who behave like investors. All those traders also wait for the falling market.

But, those who are new traders or day traders do not want to see a big fall in Bitcoin. They think that small falls are good for their business. But small falls do not always go in their favor. That is why they keep losing money again and again. Still, they prefer to avoid big falls.

The retailers do not think in this way as when the price of Bitcoin dumps they become fearful and they think that the price will fall more and therefore they do not buy or wait for more lower prices. And when they see the prices are rising then they have the feeling of fear of missing out and then again they buy at high prices.

This is not only the fault of the retailers, the institutes and the whales make the atmosphere and the social media within their control by them in such a way that they spread too much fear that people are hesitant to buy the crypto in those times.

[Hardyrobust]

Everyone feels something when a significant price drop occurs, There's at least a little panic or worry about seeing the asset decline, However it's not excessive because I'm sure we all believe that Bitcoin's price will recover, no matter when.
So now we just need to focus on continuing to accumulate Bitcoin using the DCA method. I think there's a slight advantage to accumulating larger amounts than usual For some investors who are aggressive during sharp declines, there's also no harm.

Sure there is always a feeling and I'm very much sure that the way an investor feel is entirely different from the way a trader feel in situation like this. Investors will be happy especially those who were using the DCA method and was also setting up things for a moment like this while traders or short term investors will be so disappointed at the moment because their plans and expectations has been ruined and it usual is a thing that always happens to traders and will continue to happen unless turn away from the mindset of making profit in a short period of time.

All investors are really happy when they see a fall in the price of Bitcoin. Because, they know that now is the time to increase their portfolio. For a real investor, every small or big fall is a golden opportunity. And there are some experienced traders who analyze the market and trade in Bitcoin. During a big fall, there are some experienced traders who behave like investors. All those traders also wait for the falling market.

But, those who are new traders or day traders do not want to see a big fall in Bitcoin. They think that small falls are good for their business. But small falls do not always go in their favor. That is why they keep losing money again and again. Still, they prefer to avoid big falls.

It is not all investors that appreciate bitcoin dips, infact there are investors that do panic whenever there is a dip. They are even moved into taking actions that will not go well with there long term goals sometimes they may even sell at loss due to emotional pressure from  the market. Although, there investors that do see the dip as an opportunity of buying more bitcoin since they aren't planning to sell within a short time. There are investors who has been holding bitcoin for years and may panick during a dip especially when they have reached there investment timeline.

[GIF-JOBS]

Everyone feels something when a significant price drop occurs, There's at least a little panic or worry about seeing the asset decline, However it's not excessive because I'm sure we all believe that Bitcoin's price will recover, no matter when.
So now we just need to focus on continuing to accumulate Bitcoin using the DCA method. I think there's a slight advantage to accumulating larger amounts than usual For some investors who are aggressive during sharp declines, there's also no harm.

Sure there is always a feeling and I'm very much sure that the way an investor feel is entirely different from the way a trader feel in situation like this. Investors will be happy especially those who were using the DCA method and was also setting up things for a moment like this while traders or short term investors will be so disappointed at the moment because their plans and expectations has been ruined and it usual is a thing that always happens to traders and will continue to happen unless turn away from the mindset of making profit in a short period of time.

All investors are really happy when they see a fall in the price of Bitcoin. Because, they know that now is the time to increase their portfolio. For a real investor, every small or big fall is a golden opportunity. And there are some experienced traders who analyze the market and trade in Bitcoin. During a big fall, there are some experienced traders who behave like investors. All those traders also wait for the falling market.

But, those who are new traders or day traders do not want to see a big fall in Bitcoin. They think that small falls are good for their business. But small falls do not always go in their favor. That is why they keep losing money again and again. Still, they prefer to avoid big falls.

It is not all investors that appreciate bitcoin dips, infact there are investors that do panic whenever there is a dip. They are even moved into taking actions that will not go well with there long term goals sometimes they may even sell at loss due to emotional pressure from  the market. Although, there investors that do see the dip as an opportunity of buying more bitcoin since they aren't planning to sell within a short time. There are investors who has been holding bitcoin for years and may panick during a dip especially when they have reached there investment timeline.

It is natural for many to panic during times of volatility and make wrong decisions. But as a real investor, you have to control yourself during this market volatility. It is true that the fall in the price of Bitcoin is a cause for panic for many, especially those who are nearing the end of their investment period, because if they decide to sell their investment after some time "since their holding period is nearing the end", but at this last moment, if the price drops due to volatility, they can suffer a huge loss, which is why it is natural for them to panic.

[Silikiem]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

While to me my contribution on this topic Op I will say it depends when you actually buy the coins and which of the crypto you buy the coins that it shouldn't deappreciate ,no cryptocurrency that doesn't go down while trading ,but it depends on you when you buy and the appropriate time you actually want to see it

That’s why it’s always advisable to invest in bitcoin and not investing in any shitcoins out there. Bitcoin investment has proven over the years to be a truly valuable asset above others. And also when investing choose to invest for the long term goal of consistent accumulation of bitcoin and hold, and with the DCA method of accumulation which gives you the opportunity to accumulate bitcoin at any market price and with just your discretionary income to regularly accumulate bitcoin and hold for the long term goal which will give you more value in the long run.

[Furious 7]

It is not all investors that appreciate bitcoin dips, infact there are investors that do panic whenever there is a dip. They are even moved into taking actions that will not go well with there long term goals sometimes they may even sell at loss due to emotional pressure from  the market. Although, there investors that do see the dip as an opportunity of buying more bitcoin since they aren't planning to sell within a short time. There are investors who has been holding bitcoin for years and may panick during a dip especially when they have reached there investment timeline.

When long-term goals have been set, there is actually no reason to panic too much because even if the decline occurs it will only be temporary besides that we know the amount of bitcoin that we invested remains the same even though the value has shrunk slightly but this is not a reason to panic excessively.

Indeed, in the end it will be naive when we are not disturbed by the decline that occurs but on the one hand this can be a good enough opportunity for us to be more able to take advantage of the momentum that exists.
We are already at a considerable discount even looking at the previous ATH with the current price conditions we have more than 30 percent discount so this is clearly a very good opportunity for us to be able to increase the portopolio we have lest we regret then say bitcoin is too expensive after the price goes back up.

[PhilosopherKing]

All investors are really happy when they see a fall in the price of Bitcoin. Because, they know that now is the time to increase their portfolio. For a real investor, every small or big fall is a golden opportunity. And there are some experienced traders who analyze the market and trade in Bitcoin. During a big fall, there are some experienced traders who behave like investors. All those traders also wait for the falling market.

But, those who are new traders or day traders do not want to see a big fall in Bitcoin. They think that small falls are good for their business. But small falls do not always go in their favor. That is why they keep losing money again and again. Still, they prefer to avoid big falls.

Don't get it the wrong way, dips doesn't automatically become a blessing or even a golden opportunities until investor adopts the right mindset, the right cash flow, and then  a solid long term plan of not selling at intervals in pursuit of short term profits. And this attribute is mostly lacking amongst so many persons who keep calling themselves investors. If people invest with fear, quick profit mindset, money they cannot afford to lose, and other shit like this, price drop will feel like a pain in the ass rather than an opportunity.

[ChocolateBitcoinK]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

While to me my contribution on this topic Op I will say it depends when you actually buy the coins and which of the crypto you buy the coins that it shouldn't deappreciate ,no cryptocurrency that doesn't go down while trading ,but it depends on you when you buy and the appropriate time you actually want to see it

That’s why it’s always advisable to invest in bitcoin and not investing in any shitcoins out there. Bitcoin investment has proven over the years to be a truly valuable asset above others. And also when investing choose to invest for the long term goal of consistent accumulation of bitcoin and hold, and with the DCA method of accumulation which gives you the opportunity to accumulate bitcoin at any market price and with just your discretionary income to regularly accumulate bitcoin and hold for the long term goal which will give you more value in the long run.

Bitcoin has already proven everything, its long-term viability, security, benefits, we see everything very well. We have all seen how Bitcoin has performed in the past, and if we can set a specific goal for the future based on that movement and be stable towards that goal, then one will lead us to profit later. The movement of Bitcoin is like this, in the short term it shows volatility, just like it is happening now, but later it will increase again, as it has happened in the past. So there is no need to panic about volatility, think long-term, then you will avoid short-term volatility and move towards achieving long-term success.

[ejikeme24]

It is natural for many to panic during times of volatility and make wrong decisions. But as a real investor, you have to control yourself during this market volatility. It is true that the fall in the price of Bitcoin is a cause for panic for many, especially those who are nearing the end of their investment period, because if they decide to sell their investment after some time "since their holding period is nearing the end", but at this last moment, if the price drops due to volatility, they can suffer a huge loss, which is why it is natural for them to panic.

Those who are nearing the end of their accumulation journey is not supposed to panick because irrespective of the current situation they will still be in profit unless it is those folks that claims to be approaching the end of their accumulation journey when they only run the investment for just one year which most of them might invest for just few months and start proclaiming that they are about getting to the final stage, those that maintain the ongoing buying of Bitcoin for years probably 4 years till date can still Sell their holdings if they feel like because they are likely to be in profit. But I would advise they hold on until the market is fully recovered, because I see no reason why they should be in hast to take profit. We are into a buying period so everyone's focus should be to keep buying for now and forget about profit we would talk about profit when the time comes.

[EG_O]

Everyone feels something when a significant price drop occurs, There's at least a little panic or worry about seeing the asset decline, However it's not excessive because I'm sure we all believe that Bitcoin's price will recover, no matter when.
So now we just need to focus on continuing to accumulate Bitcoin using the DCA method. I think there's a slight advantage to accumulating larger amounts than usual For some investors who are aggressive during sharp declines, there's also no harm.

Sure there is always a feeling and I'm very much sure that the way an investor feel is entirely different from the way a trader feel in situation like this. Investors will be happy especially those who were using the DCA method and was also setting up things for a moment like this while traders or short term investors will be so disappointed at the moment because their plans and expectations has been ruined and it usual is a thing that always happens to traders and will continue to happen unless turn away from the mindset of making profit in a short period of time.

All investors are really happy when they see a fall in the price of Bitcoin. Because, they know that now is the time to increase their portfolio. For a real investor, every small or big fall is a golden opportunity. And there are some experienced traders who analyze the market and trade in Bitcoin. During a big fall, there are some experienced traders who behave like investors. All those traders also wait for the falling market.

But, those who are new traders or day traders do not want to see a big fall in Bitcoin. They think that small falls are good for their business. But small falls do not always go in their favor. That is why they keep losing money again and again. Still, they prefer to avoid big falls.

It is not all investors that appreciate bitcoin dips, infact there are investors that do panic whenever there is a dip. They are even moved into taking actions that will not go well with there long term goals sometimes they may even sell at loss due to emotional pressure from  the market. Although, there investors that do see the dip as an opportunity of buying more bitcoin since they aren't planning to sell within a short time. There are investors who has been holding bitcoin for years and may panick during a dip especially when they have reached there investment timeline.

It is natural for many to panic during times of volatility and make wrong decisions. But as a real investor, you have to control yourself during this market volatility. It is true that the fall in the price of Bitcoin is a cause for panic for many, especially those who are nearing the end of their investment period, because if they decide to sell their investment after some time "since their holding period is nearing the end", but at this last moment, if the price drops due to volatility, they can suffer a huge loss, which is why it is natural for them to panic.

While it's natural for humans to panic, it's also important for investors to invest wisely, once an investor invest wisely, the investor for me won't have any reason or reasons to panic wether the market is experiencing difficulty, another reason why an investor panic is because of frequent monitoring of the market prices, it is good for one to look after his investment but not always. Constant monitoring of market prices will definitely makes one to panic, an investor should always consider long term investment rather than short term investment

[Dreadboost]

Saying that no one is afraid of the current market price makes me wonder if you know how everyone feels. You should speak for your self. If you are not afraid doesn't mean others are not, there are people that are afraid over how the market is going, some of them are even selling there bitcoin. So it is wrong of you to say that no one is afraid of the market situation, you are supposed to say that you are not afraid of the market situation and the other way round.

I really do not understand why people are fearful at the moment and why no one is willing to buy Bitcoin at such low prices like 85-86K. The fear & Index is in extreme fear for the last few weeks and it is a golden moment for those who want to invest in bitcoin; this is the time. Remember, when everyone is fearful, it's time to buy and history has shown us that those who buy in these times are the ones who are rewarded the most.

It's not easy to go against the sentiments of the market and turn out to be a buyer in these times when every other person is selling bitcoin. For me, this time is for the shopping and accumulate cheap bitcoin 

The funny part is that there have been investors waiting for price to a lower price so that they can buy, but now most of them are like frozen and don't know wether to buy or to still wait, but these are investors with low knowledge of how Bitcoin works

Meanwhile the DCA accumulators are just chill and not trying to time the market, the only job is just to consistently invest discretionary income weekly and we care less about the volatility and price,
That is why I and also this thread encourage investors to go for DCA strategy rather than wanting to time the market. Looking for a perfect price to enter Bitcoin is just gambling, because no one can predict the next exact bottom that the Bitcoin market will make.
Bitcoin will grow to heights, but slowly.

[sotelorene]

All investors are really happy when they see a fall in the price of Bitcoin. Because, they know that now is the time to increase their portfolio. For a real investor, every small or big fall is a golden opportunity. And there are some experienced traders who analyze the market and trade in Bitcoin. During a big fall, there are some experienced traders who behave like investors. All those traders also wait for the falling market.

But, those who are new traders or day traders do not want to see a big fall in Bitcoin. They think that small falls are good for their business. But small falls do not always go in their favor. That is why they keep losing money again and again. Still, they prefer to avoid big falls.

Don't get it the wrong way, dips doesn't automatically become a blessing or even a golden opportunities until investor adopts the right mindset, the right cash flow, and then  a solid long term plan of not selling at intervals in pursuit of short term profits. And this attribute is mostly lacking amongst so many persons who keep calling themselves investors. If people invest with fear, quick profit mindset, money they cannot afford to lose, and other shit like this, price drop will feel like a pain in the ass rather than an opportunity.

I get your point dude but I still think and believe that dip is a Golden opportunity for a investors who knows their target and goal in Bitcoin investment and it allows those who are prepared to be aggressive or frond load because it doesn't happen all the time and it is a big advantage for them and the Dip is also sometimes gives privilege to those who are new and want ot wish to start their accumulation when the price is down and I think these set of people are always happy when they are able to invest during the Dip so it is Golden opportunity for folks like this but not to those who are unserious.

[JayJuanGee]

[edited out]

Still boils down as how to going to sell in the bull run, others will have this step kind of selling, like 20% in the beginning, then 40% and such.

If you are investing in bitcoin for 4-10 years or longer, then there is no need to sell bitcoin in your first whole cycle, or maybe 2-3 cycles, even though doing spend and replace is not a bad practice.  You seem to not understand bitcoin very well if you are going to treat it like a trade rather than an investment... but hey, everyone has a right to their own perspective and their own way of managing their bitcoin.

I saw someone saying somewhere that even if selling (whether a small or large chunk) believed to be a wrong practice in Bitcoin investment, that there’s really nothing wrong with taking a very small amount of profit once in a while without necessarily having to disrupt your long term goals.

Whenever you take money out it delays your progress.. so it makes a difference if you are in your first year or if you are 5 years investing or maybe you had already been buying 8 years or more.

Everyone is free to make their assessments, and some people get overly anxious to cash out too much too soon, and then they are never able to replace the amount that they had cashed out.

In many cases it may be better to get resources from other places, yet each person can decide these matters in terms of their own circumstances including but not limited to how much bitcoin they already own and also what are their other investments and other income sources.

I was a bit busy and couldn’t reply that user at that time, and I thought I bookmarked that page, but just checked my bookmarks but couldn’t find it, so maybe I actually forgot. But I do not see any reason why an investor would want to resort to taking profit, is it to sort out financial needs?

Of course anything can come up in the lives of real persons, and so sometimes guys will reassess their priorities, and sometimes they will be confused about what is in their own good... yet it is within the rights of anyone to choose to invest, consume or save.

 
There are already backup funds for that?

If you invested $50k over 6 years and your investment is worth nearly $400k, then you might be tempted to tap into the investment and maybe you want to get $50k to $100k out of those funds, and sure maybe your back up funds have not kept up to that amount. .Maybe you have around $10k in back up funds..

We have to be careful regarding how much we keep in our back up funds, yet it may well be true that our back up funds (or various kinds of back up resources/investments) will likely grow with the growth of our bitcoin investment.,,... but if the guy wants to take out $75k from a funds that had grown to be nearly $400k, then he may have no other place that he has $75k or that he can get $75k without any encumbrances.
  

Is it to wait so you can buy back later, if that’s not a trader’s mindset then I don’t know what it is.

The guy might think that is going to be able to build it back up, but it might not work out for him, and it is not necessarily a trader's mindset even if the actions of withdrawing from his holdings have thrown off the momentum, and likely has taken out more money than the whole value that he put into the fund over 6 years, so he might never be able to build his holdings back up to the same quantity of bitcoin that he had been able to accumulate up to that date, even if he increases his investment amount by 5x..  

Guys have to do the calculations and figure out how they are going to pay it back and perhaps look into if he might have ways to resolve the same issue, yet guys might get stubborn in their desire to benefit from their bitcoin investment, even if they end up depleting their holdings by 1/5th.  Of course, the smaller the depletion the easier that it would be to attempt to make up for the withdrawal.. and so there could be a balance rather than a strict yes or no, even though many times it is not a good idea to get tempted into prematurely withdrawing to a fund that is still in its building stages.

Even if there are preferred ways and better ways to get income or to make his balances, each guys still decides, and hopefully for his own good, he is able to clearly weight the various plus and minus factors in order to make an informed choice.

I see no valid reason to make an investor wanna sell off any chunk of their investment, whether in the first, second or fourth cycle, except they may have already reached their long term investment goals or reached a “fuck you” status, it’s just as simple as that, and I don’t know why investors feel it’s okay to compromise.

Sure. Once a guy reaches overaccumulation status then it becomes much more clear, yet guys are not even very clear about what it overaccumulation status, so he could change the terms and even suggest that he is at overaccumulation status.. even though the numbers would not work out because he would end up taking out so much money that he is knocked out of overaccumulation status, even once he made it there.

I thnk that one of the things about reaching overaccumulation status, you would be selling ONLY within a budget so that you would not get knocked out of overaccumulation status.

And yeah everyone has a right to their own perspective, but when i see a strategy that’ll most likely put you in a very tough spot later on, I’ll do well to tell you, because if an investor actually sells a chunk of their bitcoin at a time they feel they’ve felt they are in a profit and maybe succeeds to acquire more coin later when the market goes down, he forget that the reason he succeeded was because he simply got lucky and then he’ll always be tempted to try it again whenever he gets the opportunity to, which would not only mess with their emotions, but would also impair their judgement and thus putting their own endangering their investment.

You are likely correct about all of this, but if a person decides to sell too much of his bitcoin too soon, you are not necessarily going to convince him to change his mind.  People have rights to come to their own conclusions, even if they might be acting against their own long term interests.

We can talk about what we believe to be best practices, and we can even agree or disagree with folks about best practices, and surely sometimes the debate and disagreements might cause one person or the to her to change their perspective, yet each person holds their own trump card (their own veto card), so they are a dictator over their own finances, whether they arrive at the better decision or not.
  

If an investor is still reactive to temporary market volatility then it’s a huge sign that they’re not emotionally prepared to face the market and what they need to do at that point isn’t to satisfy their guts but to remind themselves of the  wey reason they’re investing in the first place, which is their long term goals in order to strengthen their convictions and not to satisfy their guts.

  It likely takes a lot of practice and reinforcement for guys to stick to their conviction, since many times they will put a lot of weight behind short-to-medium term price prediction and then the price might do the opposite of what they expected... and sometimes the conviction is not even strong enough in order to stick with it.. because sometimes an opportunity will come and the guy might re-prioritize so that he can do the thing that he wants to do.

Talking about flexibility, using emergency funds to buy the dip can actually backfire. Emergency funds are meant for unexpected real-life situations like medical needs, job loss, or urgent repairs  not for investment opportunities, even if the market looks perfect.

You are actually right and I think that we both share the same sentiment on this issue here, an emergency funds is strictly reserved for emergency purpose, so investing with it is like gambling with your investment which may likely not ends well if carried out.
The funds kept aside to buy aggressively or accumulate during the dip is reserve funds, not emergency funds that stands as the last layer of protection to your Bitcoin investment.

You should never buy aggressively with reserve funds.

Why not? Reserve funds are those extra money outside of our emergency funds, and the major thing that makes a reserve funds what it is, is it's flexibility. Flexibility here means that it isnt locked up like emergency funds for one purpose only, rather it can be used to do anything, anything like meeting up with even our personal needs, it can even be used for buying the dip or any kind of aggressive buying which of course shouldn't be beyond your financial capacity.      Since reserve funds are flexible, the way you use it depends on your situation or what you reserved the money for.

I think investing in bitcoin using reserve funds is certainly possible, but it's important to remember the purpose of accumulating those reserves in the first place. As far as I know, reserve funds are intended for a planned need. Such as planned home renovations, or children's school fees, or even to buy something we want, like a bag or something else. So, with this in mind, we need to first consider the purpose of having reserve funds in the first place. So, if, for example, our reserve funds are earmarked for home renovations that will be done in the next two years, I don't think that money should be invested in Bitcoin.

  With reserve funds we can do whatever we like, including changing our mind or including reprioritizing what we thought we were going to use it for.

Sure maybe our daughter is going to be mad if we buy bitcoin with the money that we were saving to buy her bicycle, but those are our choices, including that reserve funds could be held for a variety of purposes that are decided at our own choosing, and for sure we can create a higher or a lower priority for a certain kind of savings, yet we can change our mind about that priority, too.  One of the flexibilities of cash is that it is fairly stable in its value, which is part of the reason that we might be putting away $20 per week to buy the bike for our daughter and when it gets to $200 then we will go buy the bicycle, but then we find out that the bicycle went up or down in its price, but it likely did not change as much as bitcoin could have had ended up changing.

Of course emergency funds are more strict than resverve funds, yet guys can break those rules too... yet on a personal basis, I never let my reserves run below a certain quantity - yet sometimes there could be a situation that I might float funds for several days or even a whole week, so each of us has to figure out and decide and figure out if we have the money somewhere else in the event that shit hits the fan and if we had used our emergency funds for something that was not an emergency... Another thing with Emergency funds is that there should be a certain level of urgency to replace them whenever they are used, and if guys end up taking short cuts in regards to how much cash they have and they have really loose standards for when to spend certain kinds of money, then they are going to pay the costs if they end up screwing their financial matters up and if something happens where their income is smaller and/opr their expenses are larger, then they can ONLY blame themselves if they end up selling from their BTC that was at a time that was not completely of their choosing.

Investing in Bitcoin essentially has a long time horizon, around 8-10 years. Therefore, I personally don't recommend investing reserve funds in Bitcoin if the money will be used immediately. However, if our reserve funds are only intended to buy items like bags or watches, I think that money can be used to invest in Bitcoin. Because buying a watch or something similar isn't particularly urgent, and if we don't buy it, it won't have any impact on our lives. So, that's my conclusion.

These are very personal choices in regards to how much priority to give each item to buy and whether it is considered a want or a necessity... Guys are not going to conclude the same, een though sometimes it could still help to think about the reasons why some goods or services would have more priority as compared with other things.  I have a friend who believe that getting her nails done at least once a month is of high priority.  For sure, there are costs in regards to placing some things as priorities that are not objectively priorities.

A person can specifically designate reserve funds for buying the dip.  Reserve funds have a lot of flexibility in terms of what the person is choosing to hold and/or to save up portions of their reserve funds funds.

Sure, it might not be a good idea to save up for buying BTC on the dip, yet a person can do what he likes with his discretionary funds, whether it is a good idea or not.

Sure, folks may be able to use their reserved funds or choose to reserve funds for buying the dip, but this could only be considered to be a smart approach IF it is part of your disciplined plan, and not just some gut feeling or emotional reaction. If an investor sets aside a particular amount of money specifically for opportunities that may arise in the future, then that’s more of a strategic budgeting. It shows that they’re. It overexposing, scrambling or gambling with money that they ain’t capable of losing.

But when buying the dip suddenly becomes an excuse to keep chasing price changes or to convince oneself that every market downturn is a potential buying opportunity, then that’s where the real danger lies, because that’s exactly how some investors end up over allocating funds to reserve, thus ignoring essential expenses or end up buying dips that would most likely keep dipping.

[LOVER BOY 422]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

To me I will say is bad luck because you have a coin the period you haven't sell it is just normal it didn't goes up but the very moment you sell it it double its value,the journey of trading is not actually for the wick ,this narration is likely to be like gambling but all this gambling and trading is more of luck ,just as a guy holding his 5 Bitcoin it was down then but immediately he sell the 5 Bitcoin the Bitcoin prince increases in the next month,one should also have patience on trading before you sell ask your self many questions and also check your graphics.

[Futurexxx]

To me I will say is bad luck because you have a coin the period you haven't sell it is just normal it didn't goes up but the very moment you sell it it double its value,the journey of trading is not actually for the wick ,this narration is likely to be like gambling but all this gambling and trading is more of luck ,just as a guy holding his 5 Bitcoin it was down then but immediately he sell the 5 Bitcoin the Bitcoin prince increases in the next month,one should also have patience on trading before you sell ask your self many questions and also check your graphics.

Mr @Lover boy 422 if you are giving us advice on how to trade instead of investing in Bitcoin, then I would come to a conclusion that you don't actually loves us in the first place. Trading is a game full of risk and the possibility of losing money is extremely high, but in Bitcoin investment, though it has it own symptoms of risk attached to it, but the probability of making a fortune from it is extremely high if you can accumulate a huge stash of it and hold for a very long period of time, unlike trading that the possibility of making a fortune from it is like 98/2, and since the possibility of making something out of it is very low, your chances of losing your hard earned money is like that of gambling.

[Barrykbest]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

To me I will say is bad luck because you have a coin the period you haven't sell it is just normal it didn't goes up but the very moment you sell it it double its value,the journey of trading is not actually for the wick ,this narration is likely to be like gambling but all this gambling and trading is more of luck ,just as a guy holding his 5 Bitcoin it was down then but immediately he sell the 5 Bitcoin the Bitcoin prince increases in the next month,one should also have patience on trading before you sell ask your self many questions and also check your graphics.

Your example highlights a common emotional trap many traders fall into reacting to short-term movements rather than trusting a well-thought-out plan. Selling when prices are low and regretting it when they rise afterward is often a sign that the person didn’t have a clear strategy or conviction before entering the trade.
In Bitcoin, patience and planning usually outperform quick reactions. A long-term investor doesn’t focus on luck or timing every price swing, but rather on consistency and accumulation. Once your decision making is guided by a clear time horizon not emotion those bad luck moments become less frequent because every move is intentional.

[Promocodeudo]

To me I will say is bad luck because you have a coin the period you haven't sell it is just normal it didn't goes up but the very moment you sell it it double its value,the journey of trading is not actually for the wick ,this narration is likely to be like gambling but all this gambling and trading is more of luck ,just as a guy holding his 5 Bitcoin it was down then but immediately he sell the 5 Bitcoin the Bitcoin prince increases in the next month,one should also have patience on trading before you sell ask your self many questions and also check your graphics.

Mate, I want to give you a sincere advice, it will be better for you to learn before giving advice, so that you won't be misunderstood, it is obvious that you don't actually know what you're saying, it took me time to comprehend a bit, what's coin, are we taking about coin here, we are discussing Bitcoin and I think that should sink into your head to get my statement twisted, I just have to use the word sink so that you'll get the message straight not a kind of insult, this thread with all information about the thread is conveying a strong message thats all about Bitcoin investment not any kind of random shit, we are not in any way discussing trading here and don't mislead your fellow newbies if you don't know how to put your words, infact I just understand that you don't know what you're saying, so learn first before writing or better still ask question we are ready to answer you or you can even direct your question to @JayJuanGee am sure he will put you through, you can also read through and learn, that's my piece of advise to you.

[barisbilgili]

To me I will say is bad luck because you have a coin the period you haven't sell it is just normal it didn't goes up but the very moment you sell it it double its value,the journey of trading is not actually for the wick ,this narration is likely to be like gambling but all this gambling and trading is more of luck ,just as a guy holding his 5 Bitcoin it was down then but immediately he sell the 5 Bitcoin the Bitcoin prince increases in the next month,one should also have patience on trading before you sell ask your self many questions and also check your graphics.

Mr @Lover boy 422 if you are giving us advice on how to trade instead of investing in Bitcoin, then I would come to a conclusion that you don't actually loves us in the first place. Trading is a game full of risk and the possibility of losing money is extremely high, but in Bitcoin investment, though it has it own symptoms of risk attached to it, but the probability of making a fortune from it is extremely high if you can accumulate a huge stash of it and hold for a very long period of time, unlike trading that the possibility of making a fortune from it is like 98/2, and since the possibility of making something out of it is very low, your chances of losing your hard earned money is like that of gambling.

We all here understand the risks faced, the risks of investing and also the risks of trading and I think we no longer need to explain it and the choice of many of the friends here is to invest long term regardless of what happens in market conditions so we will remain focused on accumulating Bitcoin for the long term so I think anything other than that doesn't need to be thought about anymore.

[ruykeri]

To me I will say is bad luck because you have a coin the period you haven't sell it is just normal it didn't goes up but the very moment you sell it it double its value,the journey of trading is not actually for the wick ,this narration is likely to be like gambling but all this gambling and trading is more of luck ,just as a guy holding his 5 Bitcoin it was down then but immediately he sell the 5 Bitcoin the Bitcoin prince increases in the next month,one should also have patience on trading before you sell ask your self many questions and also check your graphics.

There are many big mistakes in your idea. You are encouraging Bitcoin trading. But there are very few examples of success using Bitcoin as trading or gambling. Most people have suffered a lot of losses by trading in Bitcoin.

You have mentioned the fluctuation of Bitcoin's price as luck or bad luck. In fact, you need to understand that Bitcoin is not a lottery that is determined by luck. Bitcoin is a means of future financial security. Here, it is possible to succeed if you invest for a long time with the right investment plan and focus on fund management. The problem of those who suffer losses by buying Bitcoin is not luck, but short-term trading.

Those who trade in Bitcoin for a short time basically behave like gambling. Besides, those who buy shitcoins outside Bitcoin and get rich overnight are basically gambling. And those who invest in Bitcoin with a 4 to 10 year plan are not traders or gamblers, they are systematic investors. And patience does not fit the word trading. Patience is mainly applicable to long-term investment in Bitcoin. And patience can be seen only when there is enough back-up funds and you do not have to panic and behave like traders or gamblers. That is why you talked about patience with trading, it is actually contradictory to each other.

And those who follow DCA and invest for the long term do not worry so much about when the price of Bitcoin has changed. Their goal is to continue investing at the right time for a long time.

[alankasman]

Bitcoin has already proven everything, its long-term viability, security, benefits, we see everything very well. We have all seen how Bitcoin has performed in the past, and if we can set a specific goal for the future based on that movement and be stable towards that goal, then one will lead us to profit later. The movement of Bitcoin is like this, in the short term it shows volatility, just like it is happening now, but later it will increase again, as it has happened in the past. So there is no need to panic about volatility, think long-term, then you will avoid short-term volatility and move towards achieving long-term success.

We don't need to doubt Bitcoin's proven performance, as most investors who understand Bitcoin never discuss what performance needs to be proven, while many large investors have already bought Bitcoin.

Especially with prices like they are now, we should certainly buy more, as a way to save by buying Bitcoin for long-term investment. This is a brilliant idea, in my opinion. When the market returns to a more relaxed state, we'll have achieved long-term success, thanks to saving Bitcoin during a time of less panic.
The significant drop in Bitcoin's price has caused many people to panic. They should also consider buying more Bitcoin when the price is lower. This is a sign that we're buying with a long-term perspective. We were fortunate to buy Bitcoin when the price dropped to $85, which saved us from panic buying.