Buy Buy Buy or Sell Sell Sell?

[Shineup]

This reminds me of a trend some years backwhen I had no knowledge or known much about btc,a friend stacked a reasonable amount with sole aim of growing his investment for a long period of time,maybe 5 to 7 years according to him back then he started with about 300$ ,but at the long run lack of discipline and dependency ruined his big plan,he always fall back to alter the investment so he can solve his pressing demands,,,for me to grow your btc for that space of 5 to 6 years you need patience,set financial boundaries and always have a reserve  finance for other expenses by so doing the sky is your stepping stone.

You don't just consider making reservations for your other expenses rather those essential expenses should be considered first before considering your bitcoin investment and at same time making provisions for various back up funds ( emergency, reserve and float funds and while you see that largely discussed in this thread and other threads too because of their importance towards Bitcoin investment as well as life itself. Another mistake most people do is to think that Bitcoin is a quick and easy money making machine and end up investment money that is meant for basic needs and found themselves running back to sell their Bitcoin to meet up their pressing need which is wrong, you are right about setting financial boundaries it will help you to budget your income according to most important, for Bitcoin investment  prioritize your basic needs first and invest within your discretionary income.

[The Founding Titan]

It is misleading to say that the right time to buy Bitcoin is when it is low, such consideration is doesn't make anyone smarter, it is more smarter to accumulate regularly regardless of the market conditions but using the DCA strategy which will automatically put in the situation where you can even get catch the dip you are talking, no one knows when the price will be low and or how low it can go therefore the right time of buying Bitcoin should always be whenever you have your discretionary income to buy Bitcoin because the market is unpredictable. If you have your money to buy Bitcoin and you meet the dip it becomes an added advantage and shouldn't be something to be worried about, buying when the price is low shouldn't be considered the right time.

There is no perfect time to invest in bitcoin as it is traders mentality. Traders belief the perfect time to invest in bitcoin is when the price decline which is misleading. Bitcoin dips can't be predictable it can happen anytime. What if the the next bitcoin dip occurs after 1 year time, that means you won't accumulate bitcoin at all during that times. Don't you know when you wait you might miss several opportunities to accumulate bitcoin and you might end up not accumulating bitcoin again.

You can decide to buy when the price is high or low in the market , but the most important thing is that make sure you are not selling out your bitcoin in a short term because it will not allow you to make income from bitcoin like you hold for long years before you  see, We know that funds has one kind spirit, if you don't use the funds on time to buy bitcoin you may spend the funds on house things without you use the funds to buy bitcoin and hold for like four or five years before you can plan to release them for sale, base on some sign in the market, I think this red candle light will make the price of bitcoin to decrease below $70k for short term and long term holders to know the long bearish season is here again because that is what is majority of buyers are waiting to see next month to accumulate moore bitcoin.

4 or 5 years is not even enough for a person to accumulate bitcoin and then start selling, I know that it has been preached here to invest for at least 1 cycle but that doesn't mean you should stick to just that single cycle, that's just the starting point and it will be near impossible for you to hit you target accumulation in that period of time, for me I think you will need like at least to more cycles added to that 1 to bring it up to 3 and even then you might not even have enough yet as most people will even accumulate for longer than that, so please don't assume that a single cycle is enough for you to reach over accumulation unless you are a magician with some tricks up your sleeves.

[Brizi5000]

It is misleading to say that the right time to buy Bitcoin is when it is low, such consideration is doesn't make anyone smarter, it is more smarter to accumulate regularly regardless of the market conditions but using the DCA strategy which will automatically put in the situation where you can even get catch the dip you are talking, no one knows when the price will be low and or how low it can go therefore the right time of buying Bitcoin should always be whenever you have your discretionary income to buy Bitcoin because the market is unpredictable. If you have your money to buy Bitcoin and you meet the dip it becomes an added advantage and shouldn't be something to be worried about, buying when the price is low shouldn't be considered the right time.

There is no perfect time to invest in bitcoin as it is traders mentality. Traders belief the perfect time to invest in bitcoin is when the price decline which is misleading. Bitcoin dips can't be predictable it can happen anytime. What if the the next bitcoin dip occurs after 1 year time, that means you won't accumulate bitcoin at all during that times. Don't you know when you wait you might miss several opportunities to accumulate bitcoin and you might end up not accumulating bitcoin again.

You can decide to buy when the price is high or low in the market , but the most important thing is that make sure you are not selling out your bitcoin in a short term because it will not allow you to make income from bitcoin like you hold for long years before you  see, We know that funds has one kind spirit, if you don't use the funds on time to buy bitcoin you may spend the funds on house things without you use the funds to buy bitcoin and hold for like four or five years before you can plan to release them for sale, base on some sign in the market, I think this red candle light will make the price of bitcoin to decrease below $70k for short term and long term holders to know the long bearish season is here again because that is what is majority of buyers are waiting to see next month to accumulate moore bitcoin.

i think it is better we just leave it that it is better to buy bitcoin when our discretionary income is available instead of advising to decide to buy when the price is high or low. i am saying this because it can mislead newbies into deciding on buying when the price is low and that still means they will wait for the price to go very down before buying bitcoin which is not the right approach they should follow when investing as a long term investor. buying bitcoin should be decided only when the discretionary income is ready and not deciding when the price is high or low because youre not the one controlling the price, your own is just to focus on getting discretionary income to use and buy anytime

[Obulis]

many compared us to be scammers but that' is not what we actually are ,we talk about Bitcoin investment,from newbies we keep growing gradually to the top yet we keep pushing
I keep trying my best telling people the importance of Bitcoin in our life today and in future.

Just as you have said is good for someone to spend time studying about Bitcoin investment for the good of that person in the future.

You're right about this, oftentimes I see people saying that Bitcoin is scam. but I think that is because they have no clue/ or knowledge about Bitcoin investment that is  why we need to educate them on how Bitcoin investment works so that they will no longer see it as scam. However, telling people about Bitcoin investment and its importance is actually a nice thing to do, because there are folks who might be looking for help maybe they don't just know who to meet, so doing that is going to help most people  more especially those who are interested but don't know who to consult.

Honestly the case is not different from that of the environment I find myself. To some people the abject ignorant ones, whatever online is a scam and done by scammers, then some learned yet ignorant, Bitcoin is a scam and then few others, Bitcoin is an opportunity yet years has gone they haven't done any input because they somehow are not really convince about it.

Voluntarily telling people about Bitcoin investment is not bad much more families and friends but all together it is more fantabulous when they come to you asking what's going on in your life based in the much you had benefited from Bitcoin. These is so that it doesn't look as if you are trying to force people into what they are not interested in.

To do many people, Bitcoin is not only seen as scam, anyone who has benefited, is benefiting and will benefit from Bitcoin is a scammer and to all extent despised in some society like mine.

[NKminer66]

Selling too early don't look like an error to them, especially when they make profit in that moment. Too bad, many folks are caught up in this moment, time upon time. In reality this set of persons are literally guys who would do anything for short term profit, they really don't obey the fundamentals, principles, trends and influences on bitcoin. What pushes them to sell are not enough good reasons, just green candles and they all out.

Honestly, the real mistake they make isn't selling some of their bitcoin. The real mistake here is selling without a compelling reason tied to the fundamentals and not the price soaring high.

I do remember when you made one statement, I don't know if you do remember, you said "if your entire plan is to sell when in profit, you never really had a plan from beginning". Yes, i do agree with you there. Irrespective of the fact that one day we will tend to some part of our accumulated bitcoin, selling was never our initial plan. Investors who understand the market dynamics do not go with the mindset of selling, rather with the mindset of accumulating more bitcoins.

There is nothing wrong with having selling in mind, even though most likely the main idea of selling would likely be quite further into the future, such as more than 10 years (except for folks with age/health issues that cause the timeline to be shorter), also most likely the empowerment of bitcoin comes from sustainable withdrawal rather than one time withdraw, since unless a person is close to death or has health issues, he would likely want to keep most of his wealth in bitcoin and just draw upon it from time to time, even if he starts to draw a monthly income from his bitcoin.

Such things happen, sometimes when we get sick, it seems like you are old or you will get sick. We should run Bitcoin for a long time, if we think something will happen to us, we should tell our loved ones about Bitcoin and tell them. If you want to give it, then fine, if you want everyone to benefit from it, then everyone should know about it. In my opinion, we can live our lives with Bitcoin. If we really understand how to run Bitcoin and how to benefit from it, then we will benefit from Bitcoin without making other investments. Although Bitcoin is more and it is getting benefits, it is better to get out of it because if life ends and Bitcoin is not profitable, if we have been seeing it from investment in 2015 or 2020, it is not profitable. It is better to sell Bitcoin and rest.

[JayJuanGee]

Selling too early don't look like an error to them, especially when they make profit in that moment. Too bad, many folks are caught up in this moment, time upon time. In reality this set of persons are literally guys who would do anything for short term profit, they really don't obey the fundamentals, principles, trends and influences on bitcoin. What pushes them to sell are not enough good reasons, just green candles and they all out.

Honestly, the real mistake they make isn't selling some of their bitcoin. The real mistake here is selling without a compelling reason tied to the fundamentals and not the price soaring high.

I do remember when you made one statement, I don't know if you do remember, you said "if your entire plan is to sell when in profit, you never really had a plan from beginning". Yes, i do agree with you there. Irrespective of the fact that one day we will tend to some part of our accumulated bitcoin, selling was never our initial plan. Investors who understand the market dynamics do not go with the mindset of selling, rather with the mindset of accumulating more bitcoins.

There is nothing wrong with having selling in mind, even though most likely the main idea of selling would likely be quite further into the future, such as more than 10 years (except for folks with age/health issues that cause the timeline to be shorter), also most likely the empowerment of bitcoin comes from sustainable withdrawal rather than one time withdraw, since unless a person is close to death or has health issues, he would likely want to keep most of his wealth in bitcoin and just draw upon it from time to time, even if he starts to draw a monthly income from his bitcoin.

Such things happen, sometimes when we get sick, it seems like you are old or you will get sick. We should run Bitcoin for a long time, if we think something will happen to us, we should tell our loved ones about Bitcoin and tell them. If you want to give it, then fine, if you want everyone to benefit from it, then everyone should know about it. In my opinion, we can live our lives with Bitcoin. If we really understand how to run Bitcoin and how to benefit from it, then we will benefit from Bitcoin without making other investments. Although Bitcoin is more and it is getting benefits, it is better to get out of it because if life ends and Bitcoin is not profitable, if we have been seeing it from investment in 2015 or 2020, it is not profitable. It is better to sell Bitcoin and rest.

Holy shit, NKminer66.

When I was referring to age and health affecting our investment timeline, I was considering reasons why a newbie might go into bitcoin and not be able to commit to investing into bitcoin for more than 10 years.  He might have limits on his income and/or his abilities to earn in the present and even expected in the future based on age and/or health considerations.

You seem to be referring to figuring out how a person might deal with some sickness that comes up at some point after the person had already been investing in bitcoin, yet you did not specify any particulars except mentioning examples of a guys who might have started investing in 2015 or 2020, and for sure there is a big potential difference between folks who had gotten started investing in 2015 as compared with 2020, and surely if someone had already spent quite a bit of time accumulating bitcoin, then the do not necessarily have to sell it right away, even if they might get put into a health position in which they are not able to invest more into bitcoin.

The automatic solution is not necessarily selling the bitcoin, since the extent to which selling most or all of the bitcoin stash may well depend on circumstances - since age and health may not necessarily result in more expenses, even though it may result in dried up (or lessened) income.

Another thing is that a person can have bitcoin and be sick at the same time.  Being sick does not disqualify a person from holding bitcoin.  That was just a silly statement from you and perhaps presumed that the person had not accumulated much if any bitcoin at the time that they became sick.

[IceLincoln]

They are different strategies and require different conditions for practice but the universal condition for all investors is they must have good investment capital initially which decides their emotion, psychology, decision and investment results later.

The most common and biggest condition is only invest with own money that gives investors very solid foundation for their investment practice especially their exits. With own money, they will not have to sell their bitcoins when they don't have profit as they already managed their finance well before starting their investment and Bitcoin purchases.

Hopefully, you are not merely waiting for your bitcoin to "be in profits" in order to sell them.

There are a lot of guys who sold way too many bitcoin too soon and then proclaimed that they did the right thing merely because they were in profits.  Bitcoin is littered with guys who made those kinds of mistakes.

From the way his reply was written he’s sounding more like a trader talking about exits (selling when there’s profit) and good investment capital I guess he’s referring to a huge sum by that.
Of course one has to invest with his own money from his discretionary income any other way is not advisable.
Though no one who invests in bitcoin would want to sell when there’s no profit unless they’ve invested wrongly with money they aren’t supposed to use.
We all want to see our bitcoin in profits but having the mindset to sell once we see profits is a wrong one and is not of an investor.

If any people as investors can manage financial and capital preparation well before starting, their investment practice and exit plans later will be more comfortable and it increases chance of getting profit.

Guys do not have to manange or prepare before starting to invest in bitcoin.

All they need to start investing in bitcoin is discretionary funds and common sense.  They can figure out the rest as they go.

Sometimes I feel this is a little bit over emphasised but I think it’s still good to do that cos guys are still getting confused on the matter and there are also more newbies getting into the space so it might be good and useful information to them at whatever point they come across it.

[ZeroVinsonN]

This reminds me of a trend some years backwhen I had no knowledge or known much about btc,a friend stacked a reasonable amount with sole aim of growing his investment for a long period of time,maybe 5 to 7 years according to him back then he started with about 300$ ,but at the long run lack of discipline and dependency ruined his big plan,he always fall back to alter the investment so he can solve his pressing demands,,,for me to grow your btc for that space of 5 to 6 years you need patience,set financial boundaries and always have a reserve  finance for other expenses by so doing the sky is your stepping stone.

Maybe your friend's discretionary income wasn't up to $300 but he invested with it anyway and that's what's always been talked about in this thread and others like it, don't invest in bitcoin beyond what your discretionary income can handle and then there is his plan of investing for 5 to 7 years which is over 1 cycle but under 2 and is still a short timeframe for a person to invest in bitcoin with and make substantial profit from it, of course profit would have been made depending on when you friend's 5 to 7 years plan fell into within the last 15 years but that still doesn't mean his idea was very smart, he invested in bitcoin outside of his discretionary income (probably) and then had plans of selling a bit too early to and ultimately couldn't even HODL for that time period.
Discipline should never be underestimated when investing in bitcoin but we should also be sure to know the kind of money we invest with, when you invest outside the bounds of your discretionary income you risk having to sell too early to get the money back and sometimes you end up selling at a loss because of the singular mistake of not investing with your discretionary income.

[alankasman]

Holy shit, NKminer66.
When I was referring to age and health affecting our investment timeline, I was considering reasons why a newbie might go into bitcoin and not be able to commit to investing into bitcoin for more than 10 years.  He might have limits on his income and/or his abilities to earn in the present and even expected in the future based on age and/or health considerations.

And I think this is very worthy of discussion in this forum because as you said as beginners they certainly won't invest for 10 years or even more. Sometimes beginners with their limited financial capabilities or their abilities as beginners simply can't achieve the results they expect. Because someone's abilities especially for beginners are quite difficult to invest further which can take a long time. Therefore investing commitments require special consideration.

[Shineup]

Holy shit, NKminer66.
When I was referring to age and health affecting our investment timeline, I was considering reasons why a newbie might go into bitcoin and not be able to commit to investing into bitcoin for more than 10 years.  He might have limits on his income and/or his abilities to earn in the present and even expected in the future based on age and/or health considerations.

And I think this is very worthy of discussion in this forum because as you said as beginners they certainly won't invest for 10 years or even more. Sometimes beginners with their limited financial capabilities or their abilities as beginners simply can't achieve the results they expect. Because someone's abilities especially for beginners are quite difficult to invest further which can take a long time. Therefore investing commitments require special consideration.

The default jayjuanGee is talking about in relationship to newbies not being able by default to commit to investment for more than 10 years was a mere reference to the newbie age and and maybe health affecting their investment timeline in terms of whether they will still be earning based on the circumstances of their age and or health challenges, he was not generalizing such discussion to all newbies or beginners, what am saying from your statement is that, that someone is a beginners doesn't automatically make you incapacitated to achieve the results you are expecting in the long, every beginners has different circumstances both age and financial strength, while anyone have to stay committed to their investment it should be in alignment to their personal circumstances. Age or health consideration should be the only reason why anyone might not be able to sustain their Bitcoin investment up to 10 years and this has nothing to do with wether you are a newbie.

[Iamgoat]

This reminds me of a trend some years backwhen I had no knowledge or known much about btc,a friend stacked a reasonable amount with sole aim of growing his investment for a long period of time,maybe 5 to 7 years according to him back then he started with about 300$ ,but at the long run lack of discipline and dependency ruined his big plan,he always fall back to alter the investment so he can solve his pressing demands,,,for me to grow your btc for that space of 5 to 6 years you need patience,set financial boundaries and always have a reserve  finance for other expenses by so doing the sky is your stepping stone.

The truth about this kind of your friend story is many people have actually faced this kind of situations before including those who are not bold enough to say this out but trust me, your friend did not fail because bitcoin failed, no, he failed because life pressure met weak boundaries, meaning he could not set a proper boundary between his investments and the pressures he's facing despite making the clever decision of starting with 300 dollars and thinking of holding it for 5 to 7 years ahead which was indeed a very smart move but unfortunately, long term plans do not survive if you allow the short term needs to keep pulling from the same pocket and this is why it's very important we have discussions around why holding bitcoin is not just a market decision but a lifestyle decision. Meaning the current market price of bitcoin does not really affects your holdings as much as your lifestyle decisions such as how you manage your resources and set boundaries for them would affect your long term bitcoin investments. I hope this forms a lesson to not only your friend to try harder again but also to you and the rest of us reading this to learn how to set financial boundaries by separating our bitcoin holdings from our daily life and keep this simple rule which is, if you are not going to add to the holding, don't ever think of taking from it until you achieve your set target which for your friend was a 5 to 7 years target.

[Sulegzy39]

~snip~
What's your take on this? Given the period we're in is it buy time or sell time?

It depends on what type of person (investor) you are. There are those who we call day traders, and they are looking for an opportunity for profit every day, and significant price changes in a very short period of time are something positive for them. For example, if you bought 1 BTC yesterday for $60k+, you could already sell it today for almost $68k, which is more than a great profit - now imagine what kind of profits those who trade with tens or hundreds of BTC make.

If you are an investor who invests for the long term, then any time is good for investment - even though investing during a bull run will not bring even close to the same profit compared to the profit that could be made if you invested during a bear market.

I understand you more, there are some trader that always buy bitcoins keep some when it rise they will sell it and gain there profit and they are looking for opportunities of profit everyday, if we really understand how to run bitcoins and how to benefit from it, then we will benefit from bitcoins without making other investments.

Whatever online is a scammers and done by scammers, then some learning yet ignorant bitcoin is a scam then few others, but for now bitcoins is an opportunity for youths to benefit from it, now one thing about bitcoins investment we need to be educate, then how bitcoin investment works so that they will not see it as scam longer it however telling people about bitcoin investment and it’s important is a actually a nice thing to do.

[Makus]

Holy shit, NKminer66.
When I was referring to age and health affecting our investment timeline, I was considering reasons why a newbie might go into bitcoin and not be able to commit to investing into bitcoin for more than 10 years.  He might have limits on his income and/or his abilities to earn in the present and even expected in the future based on age and/or health considerations.

And I think this is very worthy of discussion in this forum because as you said as beginners they certainly won't invest for 10 years or even more. Sometimes beginners with their limited financial capabilities or their abilities as beginners simply can't achieve the results they expect. Because someone's abilities especially for beginners are quite difficult to invest further which can take a long time. Therefore investing commitments require special consideration.

I think you're misconcepting what Mr Jay said. He didn't say newbies can't certainly invest in bitcoin for up to 10years which is more like an active statement to use but he did give some reasons why newbies may not be able to invest for that long which could be as a result of their age or health, or limits to their income. One thing I'll like you to understand is, not all newbie would be having these challenges and those who clearly aren't limited by these challenges can start up their bitcoin investment and as time progresses they might equip themselves with proper knowledge to sustain a healthy bitcoin investment. Alot of us here started off as newbies with little to zero knowledge on how to sustain our bitcoin investment, but thanks to Jay for his experience and wisdom. So that is an evidence that a newbie can as well start up with a wrong perception of trading or with a 2 years plan but after coming across insightful contents they might reconsider shifting their timeframe to a longer period like 10 years.

[Ruttoshi]

I understand you more, there are some trader that always buy bitcoins keep some when it rise they will sell it and gain there profit and they are looking for opportunities of profit everyday, if we really understand how to run bitcoins and how to benefit from it, then we will benefit from bitcoins without making other investments

Firstly, you are quoting a post of almost two years which isn't a good way to discuss in this forum and that's the reaaon you don't understand what we are discussing in this thread.

This thread isn't about trading which is buying and selling within a few days or weeks because that's not the right way to invest in bitcoin. Bitcoin is a long-term asset and you should only thing of selling when you habe reached your over accumulation stage not when you're still in your early stage of accumulation.

This is why brand new investors should have a long-term mindset and shouldn't put profit first so that they don't gamble with their time, energy and bitcoin that they bought because they're looking for quick profit. Bitcoin will disappoint you and make you run at loss if you feel you can play with the price wave of bitcoin. Traders are losers in the long run is that the lane you want to follow.

You should consider investing in a long term of 4-10 years and above buying bitcoin regularly whenever your discretionary income is available be it weekly or monthly and build your bitcoin portfolio gradually consistently and persistently. You will be happy in future when you see the size of your bitcoin portfolio. When you do the right thing at the right time, you will be successful in it.

[Dictator69]

It's like learning how to swim vs doing it practically. No matter how much theory or videos you go through on how to swim, you will practically learn it when you jump into the water. Likewise no matter how much we study about Bitcoin, DCA or long term investment, we will get the real  experience once we jump with some cash.

Those who have no coins have to start from somewhere and for them the starting point is the time they decided to invest in Bitcoin regardless of Bitcoin price. Once they start gathering Bitcoin and set a target then they can buy more when they feel price has gone down otherwise they can continue to move towards their target with normal pace. It's important to stay consistent and never sell your Bitcoin for few bucks profit.     

The swimming example fits perfectly here I also thought at first that doing analysis on paper or even on demo accounts is the same as trading or even investing for the long term. But the real pressure is real and like how new swimmer learn swimming the same way when we step into the pool of bitcoin we fear and even feel pleasure sorry if pleasure is a bad word but I do feel a relaxation that now I have some btc and I am not sitting with my fiat anymore that can be losing money and won't be making anything to me.

I won't lie, I don't have a huge amount of coins, as a matter of fact, I made my first earnings in btc from this forum by writing a review and that testing and doing everything from scratch taught me a lot about how the system works. Even if don't help me in analysis but it taught me the basics of how products work, so when we explore more and more, we can easily find dca the best and so far, I have found no other better way than this.

We can do DCA on the basis of time, the dip in percentage and even according to the news when we get bullish news early.

[sotelorene]

~snip~
What's your take on this? Given the period we're in is it buy time or sell time?

It depends on what type of person (investor) you are. There are those who we call day traders, and they are looking for an opportunity for profit every day, and significant price changes in a very short period of time are something positive for them. For example, if you bought 1 BTC yesterday for $60k+, you could already sell it today for almost $68k, which is more than a great profit - now imagine what kind of profits those who trade with tens or hundreds of BTC make.

If you are an investor who invests for the long term, then any time is good for investment - even though investing during a bull run will not bring even close to the same profit compared to the profit that could be made if you invested during a bear market.

I understand you more, there are some trader that always buy bitcoins keep some when it rise they will sell it and gain there profit and they are looking for opportunities of profit everyday, if we really understand how to run bitcoins and how to benefit from it, then we will benefit from bitcoins without making other investments.

You can not be serious, are you actually encouraging folks here to be buying and selling their Bitcoin? Do you really know that is trading and it is very risky?  Perhaps you should not talk about trading I mean buying and selling because you will draw attention and distract newbie especially those that doesn't know anything about Bitcoin. If you don't want to burn down your finance I will advise you stay away from this idea or mindset of looking for opportunity to get profit everyday in Bitcoin because that is not how Bitcoin works and that is no the right way to go about Bitcoin and this profit is what always distract people the most.

[Princess Leah]

I understand you more, there are some trader that always buy bitcoins keep some when it rise they will sell it and gain there profit and they are looking for opportunities of profit everyday, if we really understand how to run bitcoins and how to benefit from it, then we will benefit from bitcoins without making other investments.

You can not be serious, are you actually encouraging folks here to be buying and selling their Bitcoin? Do you really know that is trading and it is very risky?  Perhaps you should not talk about trading I mean buying and selling because you will draw attention and distract newbie especially those that doesn't know anything about Bitcoin. If you don't want to burn down your finance I will advise you stay away from this idea or mindset of looking for opportunity to get profit everyday in Bitcoin because that is not how Bitcoin works and that is no the right way to go about Bitcoin and this profit is what always distract people the most.

I was surprise on seeing his statement, Bitcoin investment is not for everyone especially for those with a traders mentality cause they'll end up wasting their time, if anyone is willing to invest in Bitcoin they must be willing to be patient for a longer period, it's not like they'll never sale. Yes they'll, after holding for a circle, a decade or more but buying Bitcoin to sell when the market goes up is a wrong idea.

 I try to be very careful with the things I say, nobody's perfect but I try not to mislead people especially newbies here and when I make little errors while trying to give my opinion in this thread, i take corrections immediately Jay corrects my wrong impression, but there are people here who regularly make misleading statement and try to impact the trader mentality to newbies willing to invest in Bitcoin. Investing in Bitcoin is strictly for those who can be patient and there's no two ways about it.

[Kuchuku]

The right time to buy Bitcoin is when the price is low, it is wise to buy, no one can predict the market accurately, but that is why DCA is a realistic strategy. Regardless of the market conditions, depositing Bitcoin regularly reduces risk in the long run and keeps you away from emotional decisions. DCA works in such a way that you will naturally catch some declines and you do not need to guess them. The real right time to buy Bitcoin is when you have a prudent income to invest in. The market is unpredictable, no one knows when the price will fall or how much it will fall. If you have money in hand and the market falls at that time, it is just an added advantage.

I do not agree with your statement. Because it is misleading to say the right time to buy Bitcoin. There is no right time. The decision to buy Bitcoin should be taken only when discretionary income is ready. And the decision should not be made on its price being low or high. It is foolish to rely on it. Because there is no perfect time to invest in Bitcoin. You can deposit Bitcoin through the DCA method without waiting for the dip to buy. Through this, you can deposit a large portion to hold Bitcoin for the long term. If you are discretionary and ready, then you should focus on buying Bitcoin at any time.

[Jostern]

~snip~
What's your take on this? Given the period we're in is it buy time or sell time?

It depends on what type of person (investor) you are. There are those who we call day traders, and they are looking for an opportunity for profit every day, and significant price changes in a very short period of time are something positive for them. For example, if you bought 1 BTC yesterday for $60k+, you could already sell it today for almost $68k, which is more than a great profit - now imagine what kind of profits those who trade with tens or hundreds of BTC make.

If you are an investor who invests for the long term, then any time is good for investment - even though investing during a bull run will not bring even close to the same profit compared to the profit that could be made if you invested during a bear market.

I understand you more, there are some trader that always buy bitcoins keep some when it rise they will sell it and gain there profit and they are looking for opportunities of profit everyday, if we really understand how to run bitcoins and how to benefit from it, then we will benefit from bitcoins without making other investments.

Whatever online is a scammers and done by scammers, then some learning yet ignorant bitcoin is a scam then few others, but for now bitcoins is an opportunity for youths to benefit from it, now one thing about bitcoins investment we need to be educate, then how bitcoin investment works so that they will not see it as scam longer it however telling people about bitcoin investment and it’s important is a actually a nice thing to do.

I think you should be more interested in buying and accumulating and holding bitcoin for a long term, instead of being more concerned about people who are buying and stocking bitcoin and then selling for selfish reasons or whatever profits they might think they’re getting along the line which they still wouldn’t understand that they’re missing out on huge opportunities when they keep selling and trading their bitcoin assets, I will advice you that you should focus on yourself how you can be buying bitcoin, and also having a discretionary income available to keep buying bitcoin, judging from your time of registration here, I will suggest you’re a newbie and my question to you would be, have you been buying bitcoin ? Having that tendency of increasing your cashflow should also be a priority to you and overall management and sustainability of your portfolio should be your absolute priority and responsibility when accumulating and investing in bitcoin for a long term goal, and also having the necessary backup funds.

Perhaps if I should understand your second paragraph, you’re most likely referring to individuals who doubts bitcoin and feels that bitcoin is a scam, well for your information not everyone is going to invest in bitcoin and not everyone is going to believe whatever you tell them about bitcoin, which is why I will also suggest that you should focus on yourself and buying bitcoin immediately as soon as you have a discretionary income, and you shouldn’t get carried away with individuals having negative thinking and thoughts about bitcoin, focus on yourself and how you will be buying bitcoin and holding for a long term purpose.

[Finebone]

 there are some trader that always buy bitcoins keep some when it rise they will sell it and gain there profit and they are looking for opportunities of profit everyday, if we really understand how to run bitcoins and how to benefit from it, then we will benefit from bitcoins without making other investments.

This is not the best way to benefit from Bitcoin investment because you will just be toiling around and scratching the surface without knowing that if you can accumulate a reasonable stash and hold for a period of ten years or more, you can be able to benefit even more, not by buying and selling prematurely just for little profit that wouldn't change anything pertaining to your financial status.
Furthermore, even if you have accumulated Bitcoin consistently for a period of ten years, it's unwise to sell everything and become a no coiner overnight after getting to your over accumulation status, so I would advice that you treat bitcoin as a long term investment, not by trading it,  that you may even lose it in the process.