Buy Buy Buy or Sell Sell Sell?

[Tonimez]

While small, consistent investments will not make you rich overnight, they will create a habit and long-term investment strategy that can be beneficial in the long run. A "low coin" investor is much better than a person sitting on the sidelines and making no investments. If you wait for the perfect income situation, it will usually result in a never-ending series of procrastinations and lost opportunities because inflation will continue to reduce the value of your cash savings. When you begin to invest with what you already have, it builds discipline, patience and a better understanding of how to invest. Even small investments can accumulate substantially over time. Individuals who start investing early will typically do better than those who keep thinking they can invest in the future.

Suppose a person enters the market when Bitcoin was worth $30000. And he invests $3000 at the beginning and then continues to DCA disciplinedly at $100 per week. His annual income is $3400 and this investment is 15 percent of his income from which he has invested a total of $1800 so far. Despite the fluctuations in the market, he has always remained confident and consistent. But another person who entered the market earlier than this person when Bitcoin was worth $6200 and then he invested only $1000 and did not continue to invest anything else just held on. So someone entering the market earlier does not mean that he will get good results unless that person takes advantage of it. With consistency, planning and patience, it is possible to build much more wealth than before even if he comes late. Bitcoin investment success depends on time mindset and habits not just on when you start. I am not saying that it is not good to start first or start small.  It is good to start investing without delay, but the ability or mindset to maintain that investment or continue it regularly is even more important.

Your analysis is somewhat unrealistic even though the concept is achievable when it comes to consistency. This your analogy should only be in the case of rich newbies who just came into bitcoin to invest their excess. A person can be willing to start big as in your analysis by investing up to $3000 initial investment while there are some poor investors who struggle off their little earnings to maintain a monthly DCA of $50 and keeping it consistent. Except for the first world country where the system really works, someone would argue that a weekly DCA of $100 is good.

Since it has been over 4 years since bitcoin crossed $30,000 a weekly DCA of $100 would not give one bitcoin today. What matters more is investing and investing within your financial situation. Being overly aggressive would ruin your portfolio and return you to a no coiner.

[ZeroVinsonN]

The skills that are needed to invest in bitcoin are basic.. which is being able to figure out whether or not you have discretionary funds and also common sense so that you do not do dumb shit.  Almost everyone either has the basic necessary skills even though it may well take several years to put the skills together and good at investing into bitcoin and managing cashflows.  

Accordingly, it is good to get started as soon as possible for anyone who can at least determine that he has discretionary funds and he can figure out and hone the various skills and learn whatever else that he needs to learn as he goes.

Regarding risk most normal people with common sense do not invest in order to lose money, so common sense would dictate to start investing with amounts that are deemed reasonable, and to increase the amounts invested as the comfort level increases...

Of course in the very beginning a person might not realize his investment timeline to be 4-10 years or longer, so he might have to learn that he is an investor rather than a trader, and so in bitcoin there are likely a lot of uncertainties to try to invest in less than 4 years , so less than 4 years would be trading rather than investing.

Well said and I agree with you, it’s better  to get started with bitcoin accumulation once we’re able to figure out a discretionary income to invest with rather than trying to know everything about bitcoin before getting started. One experience they say is the best teacher, and from the experience gained in our ongoing bitcoin accumulation and investment we will be able to learn and also unlearn more as time goes on so as to make important decisions regarding our investments. The most important thing here is to be able to know if there’s availability of a discretionary income to use and buy bitcoin.

We Need to learn Everything about Bitcoin first, by regularly and responsibly storing Bitcoin,
we gain real Experience about the Market, Risks and our own mentality over time, this experience Helps us make better decisions in the Future. If we have extra income with which we can use and store Bitcoin without Stress!

It has been repeated over and over that you don't need to know everything about bitcoin before getting started. You can learn as you go, and in order to get started all you need to know (or be able to figure out) is if you have discretionary funds.  It is also helpful if you have common sense, so you start out in a way that is reasonable to your situation which would likely mean starting out small and then increasing your investment level (whether weekly or otherwise) as you get more comfortable and knowledgable about bitcoin.. so the knowledge and comfort can be built along the way. It is not necessary to build the knowledge and comfort before getting started investing in bitcoin.

It's a mistake alot of people keep making, telling themselves that they need to know everything about bitcoin first before they can actually start investing in it, by doing this they end of losing valuable investment time only to realize at the end of the day that they could have just started investing from the beginning and gathered the knowledge they felt they needed along the way, I suppose that's one reason why it needs to be stated here always that complete knowledge of bitcoin isn't needed first to start investing in bitcoin, provided that a person has their discretionary income available they can always start to invest and gather knowledge along the way.

[Ryu_Ar1]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

The benchmark for DCA purchases is not just every week or month but how consistent you are in buying within that time frame.
The most likely advice I can give is that you may be able to purchase with a slightly longer DCA duration such as every 4 months (when you have a salary) or perhaps you can find other sources of income that you can use to make purchases.

Because basically, your 4-monthly income must include your monthly salary put together, right? It's just that the payment is made once every 4 months.
Having other sources of income is also still possible here because after all some of us will continue to look for more sources of income to stabilize finances for the sake of the survival of the life we run.

[Merit.s]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

Firstly, you are to invest with your discretionary income which is the extra money left after you have taken care of your basic needs and monthly expenses or an extra money that you don't have plans for. This is the money you are to invest with. That's why you must first figure out if you have a discretionary income or not before thinking on how much you can use from your discretionary to invest in bitcoin.

If you are receiving payment every four months and your discretionary income is a good size, you can split it into four parts and invest one part every month using DCA. However, if your discretionary income is small, you have to buy once your discretionary income available and work on improving your income. You can look for a second means of income to add up so that, your income and discretionary will increase too for you to split it and invest monthly or weekly consistently and persistently for 4-10 years and above.

[AuchanX]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

In that case, you can continue with Upfront DCA. This is for those who do not have a regular income. Those who mainly work on a contract basis. And receive cash from time to time. Upfront DCA is a method where you keep in mind the continuity of the weekly DCA plan, and actually make the investment on the day the cash comes in, instead of buying separately every week.

Let's say, your plan is to continuously DCA $ 20 per week but your income comes once every 4 months. So 4 months is 16 weeks, in that case the total investment amount will be $ 320. Now if you want, you can invest this $ 320 all at once, on the day you receive the cash. In my opinion, this is basically the practical application of Upfront DCA. It does not break the continuity of continuing weekly or monthly DCA, it only changes the frequency.

However, one thing to keep in mind in this case is that the amount of DCA can be determined by understanding your situation each time you buy.

The DCA amount can be determined each time that a buy is made and so a person can  choose to invest aggressively, whimpy or some variation in between.  DCA's do not need to be automatic and/or for specific amounts or at specific times.

[ejikeme24]

It's a mistake alot of people keep making, telling themselves that they need to know everything about bitcoin first before they can actually start investing in it, by doing this they end of losing valuable investment time only to realize at the end of the day that they could have just started investing from the beginning and gathered the knowledge they felt they needed along the way, I suppose that's one reason why it needs to be stated here always that complete knowledge of bitcoin isn't needed first to start investing in bitcoin, provided that a person has their discretionary income available they can always start to invest and gather knowledge along the way.

Surely, they must be very much mistaken to think that they really need to know everything about Bitcoin before they can actually start investing. Though most people might have know that they don't necessarily need to understand everything before getting started maybe they are still having some doubt or asking themselves that how is that even possible for them to start investing without getting the complete knowledge When it has been  said several times that all beginners only need to have the basic knowledge to get started then every other things can be review to us in the process. However It is funny how most people make Bitcoin investment look like something that is very difficult, most people seem not to understand the meaning of "basic knowledge" which is why they keep hoping to know everything about Bitcoin before getting started. If we heard about " basic knowledge" in my own understanding they are actually talking about those things that is More important for us to know such as:

high volatility

Risk management

Security

Long term

The right wallet to use

And how to purchase Bitcoin


After all this, beginners need to start looking for a way to figure out their discretionary income and also set up emergency funds but first thing first is to prioritize our discretionary income to enable us get started emergency funds can come after 3 weeks or one month of accumulation.

[Humblevirus]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

Even without regular income someone can still adopt the  DCA strategy and this is how it works. Whenever you get money and you have gotten all the necessary stuffs you need, it will now remain discretionary funds  From that discretionary funds you can save some money that you will using to buy Bitcoin regularly, either monthly or weekly but only if the money is much but If it is small amounts, it will be better for you to just buy whenever money comes into your hand. Even with that, you can be getting Bitcoin at different price levels, and that is even the purpose of DCA. Because price changes are the reason why we are always advised to buy regularly,so we can be buying at different price.

[Showlove01]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

Even without regular income someone can still adopt the  DCA strategy and this is how it works. Whenever you get money and you have gotten all the necessary stuffs you need, it will now remain discretionary funds  From that discretionary funds you can save some money that you will using to buy Bitcoin regularly, either monthly or weekly but only if the money is much but If it is small amounts, it will be better for you to just buy whenever money comes into your hand. Even with that, you can be getting Bitcoin at different price levels, and that is even the purpose of DCA. Because price changes are the reason why we are always advised to buy regularly,so we can be buying at different price.

The reason some people make mistakes in getting their discrestionary is because they don't know what is preference and necessity, so they go ahead and used up all the money and nothing will be left for discretionary that is also mismanagement of funds. In economics we should know what is preference because in our life there are things that doesn't really or won't bother us even though we don't take care of them and so those kind of things should be neglected and focus on those that are more important and Investing is Bitcoin very vital.

[Joeboy]

An important thing in bitcoin is getting started, even if you just start with investing $10, so there is no need to put barriers to suggest that there is a need to study bitcoin prior to getting started.. and the main thing to start out with is an ability to determine if you have $10 or not. and also to have some common sense, since people with common sense would realize to adjust their investment size to the level of their comfort and understandingl, which might be why it might be good to start with $10 as a guy looks further into the matter.

That's right sir. Folks learn better and more about Bitcoin through experience, that is by already getting involved in Bitcoin, and as such there is no point for folks to delay their entire investment simply because they want to learn about Bitcoin first.... Starting with small amounts that is based on your level of confidence, ensures that folks to learn in a practical way, it also tends to remove the fear and pressure that may be associated with putting in a large amount. And with long term exposure, the level of your confidence and knowledge may begin to increase coz you must have seen how well Bitcoin is performing, and as this your confidence level and understanding increases, folks can decide for themselves to adjust their allocation size based on their comfort level..... Truth is there shouldn't always be a fixed pattern of investment for everyone, folks should invest based on the level of their confidence and understanding.

[abaeze]

An important thing in bitcoin is getting started, even if you just start with investing $10, so there is no need to put barriers to suggest that there is a need to study bitcoin prior to getting started.. and the main thing to start out with is an ability to determine if you have $10 or not. and also to have some common sense, since people with common sense would realize to adjust their investment size to the level of their comfort and understandingl, which might be why it might be good to start with $10 as a guy looks further into the matter.

That's right sir. Folks learn better and more about Bitcoin through experience, that is by already getting involved in Bitcoin, and as such there is no point for folks to delay their entire investment simply because they want to learn about Bitcoin first.... Starting with small amounts that is based on your level of confidence, ensures that folks to learn in a practical way, it also tends to remove the fear and pressure that may be associated with putting in a large amount. And with long term exposure, the level of your confidence and knowledge may begin to increase coz you must have seen how well Bitcoin is performing, and as this your confidence level and understanding increases, folks can decide for themselves to adjust their allocation size based on their comfort level..... Truth is there shouldn't always be a fixed pattern of investment for everyone, folks should invest based on the level of their confidence and understanding.

IMO, The best way to learn Bitcoin is to start with small amounts and understand your capabilities. People learn best through experience. There is no point in postponing investments on the pretext of learning. Small amounts reduce fear and stress. Over time, people see how Bitcoin works, which increases knowledge and confidence in investing in Bitcoin in the long term. Everyone's risk tolerance is different and the same investment pattern is not for everyone. Therefore, investing should be based on the understanding and comfort of the individual. Start small, learn, build confidence, and then gradually increase your investment if you want.

[Xackie]

It's a mistake alot of people keep making, telling themselves that they need to know everything about bitcoin first before they can actually start investing in it, by doing this they end of losing valuable investment time only to realize at the end of the day that they could have just started investing from the beginning and gathered the knowledge they felt they needed along the way, I suppose that's one reason why it needs to be stated here always that complete knowledge of bitcoin isn't needed first to start investing in bitcoin, provided that a person has their discretionary income available they can always start to invest and gather knowledge along the way.

Surely, they must be very much mistaken to think that they really need to know everything about Bitcoin before they can actually start investing. Though most people might have know that they don't necessarily need to understand everything before getting started maybe they are still having some doubt or asking themselves that how is that even possible for them to start investing without getting the complete knowledge When it has been  said several times that all beginners only need to have the basic knowledge to get started then every other things can be review to us in the process. However It is funny how most people make Bitcoin investment look like something that is very difficult, most people seem not to understand the meaning of "basic knowledge" which is why they keep hoping to know everything about Bitcoin before getting started. If we heard about " basic knowledge" in my own understanding they are actually talking about those things that is More important for us to know such as:

high volatility

Risk management

Security

Long term

The right wallet to use

And how to purchase Bitcoin


After all this, beginners need to start looking for a way to figure out their discretionary income and also set up emergency funds but first thing first is to prioritize our discretionary income to enable us get started emergency funds can come after 3 weeks or one month of accumulation.

Reason why many delay before they invest in Bitcoin is because they feel that they must master everything before starting. This can keep them stuck thereby missing lots of opportunities.  It is compulsory to know everything, what you need is to have little basics (which are risk control, wallet security, how to buy and store coins, thej you are ready to begin ) and also have a separate funds that you can afford to lose incase of downturn .

[Qhunman]

The reason some people make mistakes in getting their discrestionary is because they don't know what is preference and necessity, so they go ahead and used up all the money and nothing will be left for discretionary that is also mismanagement of funds. In economics we should know what is preference because in our life there are things that doesn't really or won't bother us even though we don't take care of them and so those kind of things should be neglected and focus on those that are more important and Investing is Bitcoin very vital.

There are people who have large incomes yet  can figure out discretionary income to invest in bitcoin due to how often they  prioritize  non - essentials.  People who prioritize non-essentials may affect their ability to figure out discretionary income to accumulate bitcoin consistently. People should prioritize essential,so they can figure out discretionary income to invest consistently. They may start seeking side hustles to increase their discretionary income in order to build large portfolio of bitcoin as the size of their portfolio would determine their profits in the long run.

[wmaurik]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

The DCA method is implemented based on individual ability, not under duress. Therefore, you don't have to focus on weekly or monthly investments when implementing this method. You can implement this method when you have the ability and with a more consistent target. And of course, it's perfectly fine if you can afford to buy Bitcoin every 3 or 4 months, as long as it's comfortable for you and doesn't feel forced to sacrifice other things. When it comes to the DCA method, some people have even greater ability and readiness to implement it on a daily basis, buying Bitcoin every three days, and doing so consistently.

So, the DCA method isn't focused solely on weekly or monthly investments. Rather, it's more about each person's level of ability and readiness to implement it, hence the term "weekly" or "monthly." Even if you can implement it daily, it's perfectly fine. And even that is much better because someone who is able to run this method in a matter of days can also provide more advantages because he is able to move faster in terms of buying Bitcoin.

[Female King]

An important thing in bitcoin is getting started, even if you just start with investing $10, so there is no need to put barriers to suggest that there is a need to study bitcoin prior to getting started.. and the main thing to start out with is an ability to determine if you have $10 or not. and also to have some common sense, since people with common sense would realize to adjust their investment size to the level of their comfort and understandingl, which might be why it might be good to start with $10 as a guy looks further into the matter.

That's right sir. Folks learn better and more about Bitcoin through experience, that is by already getting involved in Bitcoin, and as such there is no point for folks to delay their entire investment simply because they want to learn about Bitcoin first.... Starting with small amounts that is based on your level of confidence, ensures that folks to learn in a practical way, it also tends to remove the fear and pressure that may be associated with putting in a large amount. And with long term exposure, the level of your confidence and knowledge may begin to increase coz you must have seen how well Bitcoin is performing, and as this your confidence level and understanding increases, folks can decide for themselves to adjust their allocation size based on their comfort level..... Truth is there shouldn't always be a fixed pattern of investment for everyone, folks should invest based on the level of their confidence and understanding.

IMO, The best way to learn Bitcoin is to start with small amounts and understand your capabilities. People learn best through experience. There is no point in postponing investments on the pretext of learning. Small amounts reduce fear and stress. Over time, people see how Bitcoin works, which increases knowledge and confidence in investing in Bitcoin in the long term. Everyone's risk tolerance is different and the same investment pattern is not for everyone. Therefore, investing should be based on the understanding and comfort of the individual. Start small, learn, build confidence, and then gradually increase your investment if you want.

People working in some offices gain more knowledge and experience in their field of work when they have started, the best way to learn is by getting started, a low income earner can start with the small money they can afford to loss to invest it in bitcoin using the DCA strategy buying when their is a discretionary income at some point you can start increasing your finance or trying to get some other source to make money so you can get more discretionary income and increase buying size over time in other to get a good bitcoin portfolio after a long time or many years.

[mamesso]

~Snip~

There are people who have large incomes yet  can figure out discretionary income to invest in bitcoin due to how often they  prioritize  non - essentials.  People who prioritize non-essentials may affect their ability to figure out discretionary income to accumulate bitcoin consistently. People should prioritize essential,so they can figure out discretionary income to invest consistently. They may start seeking side hustles to increase their discretionary income in order to build large portfolio of bitcoin as the size of their portfolio would determine their profits in the long run.

In my opinion, prioritizing non-essential needs is a common mistake because non-essential needs can be very attractive (even though they are only temporary) but can make someone feel like they need something, when in fact they don't. To be more focused on building a long-term bitcoin portfolio, you must prioritize essential needs by consistently allocating income to invest.
Finding a side income is also a very wise move because it makes it easier to allocate more money for investing. This kind of idea can also speed up the process of building a portfolio and achieving financial goals faster. Various strategies can be used depending on the abilities of each individual, when someone starts to focus on building a strong and consistent portfolio, the potential for long-term profits will also be greater.

[ruykeri]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

DCA is actually accumulating Bitcoin regularly according to your cashflow. The situation you mentioned is that your income comes after 3-4 months.  let's assume that you get $5,000 once every 4 months. Now you can see for yourself how much money you can spend on all aspects before getting the next income. For example, if you calculate all the expenses including daily expenses and bills, emergency and backup fund, you can safely buy $1,200 Bitcoin as discretionary income from $5,000. Now you decide how to buy Bitcoin with this $1,200. You don't have to invest the entire $1,200 at once . if you want, you can divide this amount by 12 to 16 and buy Bitcoin accordingly every week or every 10 days. As a result, you have created DCA within your income pattern.

Now the question may arise that why DCA is given more importance to doing it weekly, there are some important reasons behind it. Now if you buy Bitcoin once after 3-4 months with a large amount of money, you may feel stress, if you buy Bitcoin with a small amount, you do not feel this stress. weekly dca help to buy average price  Bitcoin . You can also get out of the mentality of buying DIP  and  regular Bitcoin buying  habit is created which is very useful for long-term accumulation.

[capokmerah]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

Even without regular income someone can still adopt the  DCA strategy and this is how it works. Whenever you get money and you have gotten all the necessary stuffs you need, it will now remain discretionary funds  From that discretionary funds you can save some money that you will using to buy Bitcoin regularly, either monthly or weekly but only if the money is much but If it is small amounts, it will be better for you to just buy whenever money comes into your hand. Even with that, you can be getting Bitcoin at different price levels, and that is even the purpose of DCA. Because price changes are the reason why we are always advised to buy regularly,so we can be buying at different price.

The DCA method was born out of certain circumstances, including our lack of a steady income. It shouldn't be a major problem.
The important thing is to have our own motivation if we want to start investing in Bitcoin. No matter how much money we have, as long as it doesn't interfere with our basic needs, just buy Bitcoin. I often apply the DCA method, even though it's not routine and my funds aren't large, I still make time to buy Bitcoin.
Gradually, our mindset will develop through experience, and the results will become apparent.

[Loyang]

Everyone here is suggesting DCA method i.e. buying weekly or monthly. But I don't get regular income. My income comes after 3 to 4 months or more, in that case how can I maintain DCA consistency?

You can divide it very easily. For example, suppose your income after 4 months is 10 thousand dollars and from this place you can find 3 thousand dollars of discretionary income after deducting all expenses. From this discretionary income, you have to create your emergency fund reserve fund. You can keep some amount of money for emergency fund and reserve fund. Suppose you keep 1 thousand dollars in emergency fund and reserve fund and you can divide the remaining 2 thousand dollars gradually. For example, if you follow the DCA method monthly, then you have to buy 4 times in 4 months and then you can buy 500 dollars every month and if you invest weekly, then you can divide the amount as many weeks as there are in 4 months. For example, if there are 17 weeks in 4 months, if we divide 2000 by 17, then you can invest 117 dollars every week.

You can invest in this way if you want, it will be very good for you. It will be better for you to invest on a weekly basis. Because if you buy on a weekly basis, you will have the opportunity to buy much more and your average purchase price may decrease significantly.

[7juju]

Suppose a person enters the market when Bitcoin was worth $30000. And he invests $3000 at the beginning and then continues to DCA disciplinedly at $100 per week. His annual income is $3400 and this investment is 15 percent of his income from which he has invested a total of $1800 so far. Despite the fluctuations in the market, he has always remained confident and consistent. But another person who entered the market earlier than this person when Bitcoin was worth $6200 and then he invested only $1000 and did not continue to invest anything else just held on. So someone entering the market earlier does not mean that he will get good results unless that person takes advantage of it. With consistency, planning and patience, it is possible to build much more wealth than before even if he comes late. Bitcoin investment success depends on time mindset and habits not just on when you start. I am not saying that it is not good to start first or start small.  It is good to start investing without delay, but the ability or mindset to maintain that investment or continue it regularly is even more important.

Your analysis is somewhat unrealistic even though the concept is achievable when it comes to consistency. This your analogy should only be in the case of rich newbies who just came into bitcoin to invest their excess. A person can be willing to start big as in your analysis by investing up to $3000 initial investment while there are some poor investors who struggle off their little earnings to maintain a monthly DCA of $50 and keeping it consistent. Except for the first world country where the system really works, someone would argue that a weekly DCA of $100 is good.

Since it has been over 4 years since bitcoin crossed $30,000 a weekly DCA of $100 would not give one bitcoin today. What matters more is investing and investing within your financial situation. Being overly aggressive would ruin your portfolio and return you to a no coiner.

I don't really know what your argument here is, I have read your post over and over again yet I can't figure out what you are driving at.  What @Cgrexp is talking about is maintaining consistency irrespective of the time you started accumulating bitcoin. From what I got from his post he's saying that by investing one time without following it up with consistent weekly DCA is not a good idea. That even if you make a big money ($30k) one time buy when bitcoin was a bit cheaper let's say around $50k without following it up with constant DCA, that someone who starts buying today at current price with an initial capital outlay that is half ($15k) of what the first person bought with, but continue with a consistent DCA of $100 weekly that over time he stand a better chance of accumulating more bitcoin than the person who bought once and stopped accumulating, and he's right about that.

[Graph001]

The skills that are needed to invest in bitcoin are basic.. which is being able to figure out whether or not you have discretionary funds and also common sense so that you do not do dumb shit.  Almost everyone either has the basic necessary skills even though it may well take several years to put the skills together and good at investing into bitcoin and managing cashflows.  

Accordingly, it is good to get started as soon as possible for anyone who can at least determine that he has discretionary funds and he can figure out and hone the various skills and learn whatever else that he needs to learn as he goes.

Regarding risk most normal people with common sense do not invest in order to lose money, so common sense would dictate to start investing with amounts that are deemed reasonable, and to increase the amounts invested as the comfort level increases...

Of course in the very beginning a person might not realize his investment timeline to be 4-10 years or longer, so he might have to learn that he is an investor rather than a trader, and so in bitcoin there are likely a lot of uncertainties to try to invest in less than 4 years , so less than 4 years would be trading rather than investing.

Well said and I agree with you, it’s better  to get started with bitcoin accumulation once we’re able to figure out a discretionary income to invest with rather than trying to know everything about bitcoin before getting started. One experience they say is the best teacher, and from the experience gained in our ongoing bitcoin accumulation and investment we will be able to learn and also unlearn more as time goes on so as to make important decisions regarding our investments. The most important thing here is to be able to know if there’s availability of a discretionary income to use and buy bitcoin.

We Need to learn Everything about Bitcoin first, by regularly and responsibly storing Bitcoin,
we gain real Experience about the Market, Risks and our own mentality over time, this experience Helps us make better decisions in the Future. If we have extra income with which we can use and store Bitcoin without Stress!

It has been repeated over and over that you don't need to know everything about bitcoin before getting started. You can learn as you go, and in order to get started all you need to know (or be able to figure out) is if you have discretionary funds.  It is also helpful if you have common sense, so you start out in a way that is reasonable to your situation which would likely mean starting out small and then increasing your investment level (whether weekly or otherwise) as you get more comfortable and knowledgable about bitcoin.. so the knowledge and comfort can be built along the way. It is not necessary to build the knowledge and comfort before getting started investing in bitcoin.

It's a mistake alot of people keep making, telling themselves that they need to know everything about bitcoin first before they can actually start investing in it, by doing this they end of losing valuable investment time only to realize at the end of the day that they could have just started investing from the beginning and gathered the knowledge they felt they needed along the way, I suppose that's one reason why it needs to be stated here always that complete knowledge of bitcoin isn't needed first to start investing in bitcoin, provided that a person has their discretionary income available they can always start to invest and gather knowledge along the way.

A real investor, instead of prioritizing unnecessary things, creates a proper financial management so that he can continue investing comfortably while meeting his personal and family needs. Earning more money does not mean that your life will become easy. Even if you pour water into a broken bucket all day long, it will not be filled because a broken bucket cannot hold water. Similarly, an unaccountable person, no matter how much he earns, cannot retain it or use it properly. In our lives, the needs and situations are constantly changing, and if someone is not conscious about the money he earns, it will have a negative impact on his life later.