Buy Buy Buy or Sell Sell Sell?

[Kelward]

Long-term growth requires an emergency fund. When starting a long-term investment, of course, this fund must be saved. Because we expect large profits, and that naturally requires a long period of time, so it's not wrong for me to mention such a point.
Investing is usually often done by large investors who are financially sufficient and willing to invest a portion of their income in Bitcoin, even for a long time.

Now you are making sound like investing is only for the rich.  Which not actually right , yes being financially buoyant will give a big advantage when come to investing , but don’t forget that we talking about bitcoin investment here . Like we usually say here , you can start investing in bitcoin with whatever amount you can afford . Having enough time to accumulate is one advantage of longterm investment it will give enough time to accumulate something good .

Emergency funds should be part of a serious Bitcoin investor's discretionary funds, you don't need to use emergency funds to buy Bitcoin, specifically the funds are kept for 'emergencies. You need to have allocations from your discretionary funds to buy Bitcoin just like you keep aside funds for your emergencies.

Bitcoin investment is for everybody that have money to buy it, the rich and poor can buy Bitcoin, each according to their financial strengths. Smart investors that understands financial management will buy from their discretionary funds and do DCA method to hodl for a long term.

[I_Anime]

Keep buying bitcoin seems like a good idea... but yeah, I am not sure what to do about distracted folks.  Hopefully, they know how to channel their energies, so that they do not lose their ideas about what is the prize.. 

It doesn't seems like a good idea but, the best idea because Bitcoin is literally the best crypto currency in the crypto market. It has always been the talk of the town ever since I first got into these crypto space, so I would rather stick to that asset that everyone is craving for than to throw my money into unknown coin that people barely talk about, because I barely see people talked about shitcoin if not Bitcoin and that is because it has showed a good sign which no coin in the market has ever show a good sign nor prove to people that they are valuable unless they get hyped and after hype must have taken place they will still return back to their entry price or they dip even more and that is final. I wouldn't want to waste a cent in those shitcoin which is why I have considered Bitcoin as my best choice of investment.

At first nothing good come that easy , but funny how bitcoin as already started putting smile on folks faces with it being close to its peak yet . It’s called digital gold for a reason,  sure there are a lot of up and down movement due to market volatility.

But still always fixed your mind on the prize . We all are aware of bitcoin potential but still after fast wins looking 1000x token , investing in random shitcoins just to achieve but the end usually endup being rugpull . So focus on coin that matters , the heart of cryptocurrency which is bitcoin.

[Bigjoe33]

Do you really believe that there is such thing as a "reliable shitcoin"?  Come on.

Absolutely sir, I also don’t believe there’s anything as a reliable shitcoin. As a matter of fact bitcoin is the only asset I consider to be reliable to an investor only if held for the long term goal.

Anyone that says that their is anything reliable in shit coin is just trying to justify why he took such a risk or he is just trying to make himself feels better because it has been proven beyond reasonable doubt that shit coin falls more than they rise and they are created for gambling purpose, and once the hypes they came with died down, that is how they will just die off the market, so it's more of gambling than investment.
So it would be very wrong to put Bitcoin in such a bracket because it's even more reliable as an investment than we can all imagine.

Like, most of these so called shitcoins are basically hype, once the noise fades, the whole project just collapses like nothing happened. People try to defend them only because they already took the risk and do not want to feel like they made a bad move.

But putting Bitcoin in that same category is just wild. Bitcoin has proven itself over and over again, not just by price but by reliability, adoption, and the fact that it survives every single cycle stronger than before. It is not even in the same league.

Shitcoins are just like gambling for quick money, but Bitcoin is long term wealth if you understand what you are holding.

Newbies coming in must know the difference between investment or getting involved in trading. They must also understand the trick behind most shitcoins. Some of these shitcoins or projects higher a well known personality or crypto currency pro to become the campaign manager, promoting the project online and on all social media platforms. By this, since they are well known,  people jump into it, investing life saving, buying and Holding, and out of 100% of such programmes, 90% if not more are just pump and dump projects, making people loose money, that's why we regard then as gambling because nothing is really promised.

Newbies should be wife enough to over smart these traps set by the owners of the project. It is better one gets involved with something more realistic, relaibly trustworthy, though no guarantee of gains at anytime as it is very volatile, but offers value if we Hodl for long, and that's bitcoin.

[Showlove01]

Keep buying bitcoin seems like a good idea... but yeah, I am not sure what to do about distracted folks.  Hopefully, they know how to channel their energies, so that they do not lose their ideas about what is the prize.. 

It doesn't seems like a good idea but, the best idea because Bitcoin is literally the best crypto currency in the crypto market. It has always been the talk of the town ever since I first got into these crypto space, so I would rather stick to that asset that everyone is craving for than to throw my money into unknown coin that people barely talk about, because I barely see people talked about shitcoin if not Bitcoin and that is because it has showed a good sign which no coin in the market has ever show a good sign nor prove to people that they are valuable unless they get hyped and after hype must have taken place they will still return back to their entry price or they dip even more and that is final. I wouldn't want to waste a cent in those shitcoin which is why I have considered Bitcoin as my best choice of investment.

Point of correction dude Bitcoin is not a cryptocurrency and saying it is one will jeopardize what you are saying even though you are right on what you are saying. Some newbie are easily carried away with what they hears so don't classify Bitcoin as a cryptocurrency before you mislead newbie. Bitcoin is a digital asset and the reason I'm investing in it, it not necessarily because people are talking about it everywhere rather I'm Investing in it because I have seen it potential and I believe in it and some day I will be among those that will laugh last and celebrate for getting to my target.

[MainIbem]

Newbies coming in must know the difference between investment or getting involved in trading. They must also understand the trick behind most shitcoins. Some of these shitcoins or projects higher a well known personality or crypto currency pro to become the campaign manager, promoting the project online and on all social media platforms. By this, since they are well known,  people jump into it, investing life saving, buying and Holding, and out of 100% of such programmes, 90% if not more are just pump and dump projects, making people loose money, that's why we regard then as gambling because nothing is really promised.

Yeah, i noticed that some newbies have a misunderstanding concerning both, they think that Bitcoin investment is relating with trading but then its not left for I see trading as something relating with a game of luck like gambling, cause it involves using market analysis to predict the movement of the market and hope on the chances of being lucky but Bitcoin investment involves buy and holding for longer period to add value to what you invest in it. Bitcoin is scarce and shouldn't be involved in something that's very risky like trading.

[Crytohillss]

Keep buying bitcoin seems like a good idea... but yeah, I am not sure what to do about distracted folks.  Hopefully, they know how to channel their energies, so that they do not lose their ideas about what is the prize.. 

It doesn't seems like a good idea but, the best idea because Bitcoin is literally the best crypto currency in the crypto market. It has always been the talk of the town ever since I first got into these crypto space, so I would rather stick to that asset that everyone is craving for than to throw my money into unknown coin that people barely talk about, because I barely see people talked about shitcoin if not Bitcoin and that is because it has showed a good sign which no coin in the market has ever show a good sign nor prove to people that they are valuable unless they get hyped and after hype must have taken place they will still return back to their entry price or they dip even more and that is final. I wouldn't want to waste a cent in those shitcoin which is why I have considered Bitcoin as my best choice of investment.

At first nothing good come that easy , but funny how bitcoin as already started putting smile on folks faces with it being close to its peak yet . It’s called digital gold for a reason,  sure there are a lot of up and down movement due to market volatility.

But still always fixed your mind on the prize . We all are aware of bitcoin potential but still after fast wins looking 1000x token , investing in random shitcoins just to achieve but the end usually endup being rugpull . So focus on coin that matters , the heart of cryptocurrency which is bitcoin.

Bitcoin has undoubtedly grow in popularity over the years, and it gives some little idea to trust with a long track record rather than gambling that only move when they are hyped. I think it's good to keep an open mind, even though bitcoin is the safest bet in the cryptocurrency space. There are many good projects outside of BTC; it just takes more research to remove real value from noise. However, when it comes to safeguarding our income and considering the long term, relying on bitcoin is a tactic that has worked for many individual.

[Tonimez]

[Edited out]

Bitcoin has undoubtedly grow in popularity over the years, and it gives some little idea to trust with a long track record rather than gambling that only move when they are hyped. I think it's good to keep an open mind, even though bitcoin is the safest bet in the cryptocurrency space. There are many good projects outside of BTC; it just takes more research to remove real value from noise. However, when it comes to safeguarding our income and considering the long term, relying on bitcoin is a tactic that has worked for many individual.

Hey dude, are you by any means promoting shitcoins here? You need to understand that when you make a choice wrongly, it leaves an indelible mark on your finances. We don't promote shitcoins here (not because we are completely ignorant of the possibility of obtaining a somewhat good project) so I think it's better not to mislead anyone here.

A newbie may think he's playing smart and feel that he has found a really "Good project" to invest. Most times it's not always long before he regrets putting his funds there. So I would advise you to stick to bitcoin if you are looking for a sustainable investment that would stand the taste of time and save you from pains and heart break.

[Floczy]

Emergency funds should be part of a serious Bitcoin investor's discretionary funds, you don't need to use emergency funds to buy Bitcoin, specifically the funds are kept for 'emergencies. You need to have allocations from your discretionary funds to buy Bitcoin just like you keep aside funds for your emergencies.

Bitcoin investment is for everybody that have money to buy it, the rich and poor can buy Bitcoin, each according to their financial strengths. Smart investors that understands financial management will buy from their discretionary funds and do DCA method to hodl for a long term.

Emergencies funds should not be the only funds set aside for later purpose. Emergencies funds should be strictly for emergency because emergencies can come at any time, it is not something that is planned.

Investors should also keep some savings as well from their discretionary income, the purpose of the saving can be for several reasons, afterall you can have many savings account as you want. A savings can be a fund where you tap into for accumulating more bitcoins when there is a dip or when you want to invest aggressively. Not your emergency fund.

[rojan]

Long-term growth requires an emergency fund. When starting a long-term investment, of course, this fund must be saved. Because we expect large profits, and that naturally requires a long period of time, so it's not wrong for me to mention such a point.
Investing is usually often done by large investors who are financially sufficient and willing to invest a portion of their income in Bitcoin, even for a long time.

Now you are making sound like investing is only for the rich.  Which not actually right , yes being financially buoyant will give a big advantage when come to investing , but don’t forget that we talking about bitcoin investment here . Like we usually say here , you can start investing in bitcoin with whatever amount you can afford . Having enough time to accumulate is one advantage of longterm investment it will give enough time to accumulate something good .

Emergency funds should be part of a serious Bitcoin investor's discretionary funds, you don't need to use emergency funds to buy Bitcoin, specifically the funds are kept for 'emergencies. You need to have allocations from your discretionary funds to buy Bitcoin just like you keep aside funds for your emergencies.

Bitcoin investment is for everybody that have money to buy it, the rich and poor can buy Bitcoin, each according to their financial strengths. Smart investors that understands financial management will buy from their discretionary funds and do DCA method to hodl for a long term.

I do concur that one does not need to be a wealthy individual in order to invest in Bitcoin, anyone can invest any amount depending on his or her budget. The real thing that matters is that it should be well managed in terms of money and that emergency funds or discretionary funds should be different. Investing in emergency funds should never occur since the primary role of the funds is to cushion you in times of unforeseen events. Small and big investors can gradually develop their positions with the help of discretionary income and the use of such methods as DCA. The best way to invest long-term is when you are not under the pressure of selling when the market is falling and that is only provided that you are not under pressure when your life-blood savings are already made.

[PhilosopherKing]

Keep buying bitcoin seems like a good idea... but yeah, I am not sure what to do about distracted folks.  Hopefully, they know how to channel their energies, so that they do not lose their ideas about what is the prize.. 

It doesn't seems like a good idea but, the best idea because Bitcoin is literally the best crypto currency in the crypto market. It has always been the talk of the town ever since I first got into these crypto space, so I would rather stick to that asset that everyone is craving for than to throw my money into unknown coin that people barely talk about, .

Damn it man, so you decided to invest in Bitcoin because it is the talk of town? this means that assuming shitcoins was also the talk of town you would probably already be investing into it. Popularity should not always be the basis for determining your investment options.  Investment requires brains, research and patience not you blindly following hype that may fuck up your entire investment. Am not in any way undermining the past and future potential of Bitcoin at all. Bitcoin is strong with a proven track record, but then take you time to go through and research about the history of Bitcoin right from the previous years and you will personally be convinced why it is for a fact the very best to invest into. Research and think things out yourself, don't always be relying on hype.

[Shineup]

Long-term growth requires an emergency fund. When starting a long-term investment, of course, this fund must be saved. Because we expect large profits, and that naturally requires a long period of time, so it's not wrong for me to mention such a point.
Investing is usually often done by large investors who are financially sufficient and willing to invest a portion of their income in Bitcoin, even for a long time.

Now you are making sound like investing is only for the rich.  Which not actually right , yes being financially buoyant will give a big advantage when come to investing , but don’t forget that we talking about bitcoin investment here . Like we usually say here , you can start investing in bitcoin with whatever amount you can afford . Having enough time to accumulate is one advantage of longterm investment it will give enough time to accumulate something good .

Emergency funds should be part of a serious Bitcoin investor's discretionary funds, you don't need to use emergency funds to buy Bitcoin, specifically the funds are kept for 'emergencies. You need to have allocations from your discretionary funds to buy Bitcoin just like you keep aside funds for your emergencies.

Bitcoin investment is for everybody that have money to buy it, the rich and poor can buy Bitcoin, each according to their financial strengths. Smart investors that understands financial management will buy from their discretionary funds and do DCA method to hodl for a long term.

I do concur that one does not need to be a wealthy individual in order to invest in Bitcoin, anyone can invest any amount depending on his or her budget. The real thing that matters is that it should be well managed in terms of money and that emergency funds or discretionary funds should be different. Investing in emergency funds should never occur since the primary role of the funds is to cushion you in times of unforeseen events. Small and big investors can gradually develop their positions with the help of discretionary income and the use of such methods as DCA. The best way to invest long-term is when you are not under the pressure of selling when the market is falling and that is only provided that you are not under pressure when your life-blood savings are already made.

You need to know that this pressure you are talking about doesn't play out only when the market is falling it also play out when the market is risen which brings a different excitement meaning that investing in long term involves your ability to withstand that pressure of not selling when the market is down and when the market is up as well, some people may not be able to withstand the pressure of not selling comes when the market is going up and they end up selling when they are still in their accumulation stage, the two pressures has to be overcome, the pressure of when the market is falling and when it is on the rising in other to achieve the long term goal.

[Different patterns]

Some people who try their luck with shitcoins are those who also hold Bitcoin,

Not all, since usually as what I observe those people trading shitcoins are not holding Bitcoin. Because if they messed up with their shitcoins investment usually they take out their funds they used to buy Bitcoin and think about using it to start again with their shitcoin investment hoping that they can recover.

Yes, it's true that not all who invest in shitcoin also invest in Bitcoin too, which is literally not a safe approach, and I guess that's the reason while @G_Besar used the phrase "Some", meaning their may be people who does and those who don't. And for those who own Bitcoin and keep selling theirs just to buy shitcoin, that's the worst mistake any genuine investor can ever make, knowing how less risk it is compared to shitcoin due to short term profit. Because one thing I have come to realize about shitcoin investors is their greed/quest for short term profits, forgetting the fact that long term profit is the most reliable and authentic. And Bitcoin has got the long term profit ability.

Why would someone even purchase shitcoins and at same time Investing in Bitcoin that is very improper thing to do as an investor and I doubt if an investor who knows what he or she is doing or someone who understands how risky shitcoin is will still go ahead to purchase while they are investing in Bitcoin I mean they literally putting their investment in jeopardy because who knows, they might be tempted to sell their Investment one day may be do to lose they will encounter in their purchase of shitcoin.

I understand what you guys are talking about, and it's true that some people go into shitcoins just because the hope of quick profit, but that does not really mean investing in both shitcoins and bitcoin is wrong, what really matters most is having a genuine plan and staying discipline, as a brilliant investor you can hold the two both bitcoin and shitcoins, but with the good mindset, bitcoin at a first should be main part of any crypto portfolio because is has strongest history with long term potential, it is not hype it's build on real adoption  and scarcity.

 but for shitcoins I believe that shitcoins are very high risk and also high reward, because some may crash at start or some may grow fast, so it often appear to me to always invest money you can afford to lose and never to sell your bitcoin just to chase them.

[tottong]

You need to know that this pressure you are talking about doesn't play out only when the market is falling it also play out when the market is risen which brings a different excitement meaning that investing in long term involves your ability to withstand that pressure of not selling when the market is down and when the market is up as well, some people may not be able to withstand the pressure of not selling comes when the market is going up and they end up selling when they are still in their accumulation stage, the two pressures has to be overcome, the pressure of when the market is falling and when it is on the rising in other to achieve the long term goal.

That's why when it comes to investing, we need to have a much clearer plan so that Bitcoin's performance in the market doesn't influence our psychology, leading to a fear of selling.
Investment goals should be viewed based on the best possible accuracy. For example, if Bitcoin is a store of value, then the investment has much more potential for the long term, although people also utilize short-term investments.
Generally, people who utilize short-term investments already understand Bitcoin's trajectory and are able to see opportunities to generate appropriate profits, rather than expecting large returns, especially with small capital.

Investment pressure is definitely there because Bitcoin is quite speculative, but it is much easier to deal with pressure when someone decides to invest in the long term because we don't have to worry about the rise and fall of Bitcoin prices in the market due to various events that occur.

[iamsange]

I do concur that one does not need to be a wealthy individual in order to invest in Bitcoin, anyone can invest any amount depending on his or her budget. The real thing that matters is that it should be well managed in terms of money and that emergency funds or discretionary funds should be different. Investing in emergency funds should never occur since the primary role of the funds is to cushion you in times of unforeseen events. Small and big investors can gradually develop their positions with the help of discretionary income and the use of such methods as DCA. The best way to invest long-term is when you are not under the pressure of selling when the market is falling and that is only provided that you are not under pressure when your life-blood savings are already made.

I'm quite certain that some people are motivated by investing in Bitcoin to seek wealth. Of course, that's not wrong, but sometimes reckless actions without doing prior research can lead to severe panic when the market fluctuates.

I strongly agree that someone shouldn't invest using their daily funds, as this won't make life more peaceful but will only cause more mental stress. Therefore, there are several other things or methods that must be implemented to ensure that what is planned goes according to plan.

[Barikui1]

Emergencies funds should not be the only funds set aside for later purpose. Emergencies funds should be strictly for emergency because emergencies can come at any time, it is not something that is planned.

Investors should also keep some savings as well from their discretionary income, the purpose of the saving can be for several reasons, afterall you can have many savings account as you want. A savings can be a fund where you tap into for accumulating more bitcoins when there is a dip or when you want to invest aggressively. Not your emergency fund.

I understand perfectly well what you are trying to say, that emergency funds should be strictly meant for emergency purpose, but the savings you are talking about is making it looks complicating, you should be talking about a reserve funds, not a savings, because it's the reserve funds we use to accumulate Bitcoin aggressively during the dip or used to sustain and service our Bitcoin investments.

Additional, you should not forget to set aside a few percentages of your discretionary income for consumption purposes, because wether we like it or not, their will be a time we will dip hands in our discretionary income to gift our friends or buys some cigarettes if we smokes, so money for consumption purposes from our discretionary income are also necessary.

, but that does not really mean investing in both shitcoins and bitcoin is wrong, what really matters most is having a genuine plan and staying discipline, as a brilliant investor you can hold the two both bitcoin and shitcoins, but with the good mindset, bitcoin at a first should be main part of any crypto portfolio because is has strongest history with long term potential,

Stop putting shitcoin in the same bracket as Bitcoin investment because putting money into shit coin doesn't makes it an investment, but rather it's pure gambling because the probability of losing your hard earned money is way more higher than making anything out of it, so if you are hell bent on taking such a risk, risking like only 5% of your discretionary income is ideal because if it doesn't goes as planned, you can easily wave it off that you gamble didn't go as planned than investing heavily on them.

[HajiBagi]

Long-term growth requires an emergency fund. When starting a long-term investment, of course, this fund must be saved. Because we expect large profits, and that naturally requires a long period of time, so it's not wrong for me to mention such a point.
Investing is usually often done by large investors who are financially sufficient and willing to invest a portion of their income in Bitcoin, even for a long time.

Now you are making sound like investing is only for the rich.  Which not actually right , yes being financially buoyant will give a big advantage when come to investing , but don’t forget that we talking about bitcoin investment here . Like we usually say here , you can start investing in bitcoin with whatever amount you can afford . Having enough time to accumulate is one advantage of longterm investment it will give enough time to accumulate something good .

Bitcoin is not only the rich people, as long as you are earning money and you can afford to buy bitcoin you can invest in it, it is not written in bitcoin that it is for the people that are rich, we have seen many people who are not rich and they have been holding bitcoin for years, we have also seen many rich people that can not buy bitcoin because they don’t have interest in it or they don’t trust it, bitcoin is not only about having the money to buy, it is about having the mind to buy it without thinking about the nature of the bitcoin.

To invest in bitcoin requires many things and one of the best thing is to believe in bitcoin, buy with any amount you have or any amount you can afford to lose, the only people who will think bitcoin is for the rich is those people who don’t understand bitcoin or those who don’t want to invest or see another people invest in bitcoin.

[7juju]

Point of correction dude Bitcoin is not a cryptocurrency and saying it is one will jeopardize what you are saying even though you are right on what you are saying. Some newbie are easily carried away with what they hears so don't classify Bitcoin as a cryptocurrency before you mislead newbie.

Technically bitcoin is part of crypto currenciess, so I don't really think anyone classifying bitcoin as part of crypto is entirely wrong. But it is advisable we specifically call bitcoin by it's name so that we will be direct and anyone we are talking with will know the crypto we are talking about. If you were thinking that bitcoin is not among crypto you are wrong as bitcoin is technically part of crypto.

[Qhunman]

Technically bitcoin is part of crypto currenciess, so I don't really think anyone classifying bitcoin as part of crypto is entirely wrong. But it is advisable we specifically call bitcoin by it's name so that we will be direct and anyone we are talking with will know the crypto we are talking about. If you were thinking that bitcoin is not among crypto you are wrong as bitcoin is technically part of crypto.

Bitcoin was the first Crypto currency created and the most reliable of them all. The crypto market is flooded with fake coins and these coins are also part of Crypto Currencies. When we use Cryptocurrency instead of Bitcoin, Newbies will mistake Bitcoin for some random Shitcoins in the market. Like you said, we should specifically call bitcoin by it's name, that way newbies will understand that it is Bitcoin and not Shitcoins, with this  your texts can be convey amicable without making them complicated more especially for the sake of newbies.

[wmaurik]

...

I'm quite certain that some people are motivated by investing in Bitcoin to seek wealth. Of course, that's not wrong, but sometimes reckless actions without doing prior research can lead to severe panic when the market fluctuates.

I strongly agree that someone shouldn't invest using their daily funds, as this won't make life more peaceful but will only cause more mental stress. Therefore, there are several other things or methods that must be implemented to ensure that what is planned goes according to plan.

One plan that every investor, or those who want to become investors by holding Bitcoin, must implement is to prepare a discretionary fund, which is not to be used for anything other than buying Bitcoin. This means that such basic preparation must be done before investing in any sector of life. Before becoming an investor, everyone should have a well-thought-out plan, such as a daily fund, an emergency fund, and finally, a fund for investment capital. Therefore, the use of funds themselves will not be haphazard, even if it is our own money. This speaks to long-term investment, which must be carried out more consistently.

[Abelly]

Point of correction dude Bitcoin is not a cryptocurrency and saying it is one will jeopardize what you are saying even though you are right on what you are saying. Some newbie are easily carried away with what they hears so don't classify Bitcoin as a cryptocurrency before you mislead newbie.

Technically bitcoin is part of crypto currenciess, so I don't really think anyone classifying bitcoin as part of crypto is entirely wrong. But it is advisable we specifically call bitcoin by it's name so that we will be direct and anyone we are talking with will know the crypto we are talking about. If you were thinking that bitcoin is not among crypto you are wrong as bitcoin is technically part of crypto.

Many people say, Bitcoin is not crypto, in fact, the issue needs to be seen from both a technical and cultural perspective.Yes, technically Bitcoin is part of cryptocurrency, because it uses cryptography and runs on blockchain. There is no room to think of it separately from this aspect. But in practical discussions, we often mention Bitcoin separately, because its purpose, network security, decentralization and market maturity, are at a completely different level from other cryptos. So if someone says, I only mean BTC by crypto, that is not wrong, again, Bitcoin is part of crypto, this is technically true. When someone wants to say Bitcoin, it is better to mention it separately.