Buy Buy Buy or Sell Sell Sell?

[Princess Leah]

Bitcoin investment is most important to plan for the long term, where each investment should be held for a long time to be able to achieve appropriate benefits. Following the DCA method makes it easier to hold Bitcoin for a long time, and investing Bitcoin weekly will enable investors to accumulate more Bitcoin. However, those who invest with ordinary small amounts of money should continue until they accumulate one Bitcoin.

Continuous investment and long-term holding are two completely different things. DCA method is an investment method through which you can buy. However, compared to all the other investment methods, DCA method has many more advantages. For example, the average purchase price decreases, sometimes the average purchase price increases. Thoughtless investment is like buying slowly with a small amount of money, due to which the market does not have such a big impact on us when it falls. When a person invests in DIP method, he becomes very scared when he sees the market fall and is under mental pressure.

To continue investing, it is very necessary for us to have unwavering willpower. When we have unwavering willpower, we will express our desire to invest without any reluctance.

Very correct, but for an investor to have a healthy and more profitable investment in Bitcoin, both are very necessary. Well it's not just a method through which one can buy but buy consistently, you ought to be specific so newbies won't feel they'll just buy with that investment strategy, one very good thing i love about the DCA is that it guarantees risk management, compared to others.

 The dip method mostly lead people to panic selling, especially the newbies, it's a strategy that's mostly used by people who tend to take profits quickly and that's not the concept of what Bitcoin investment is always about which is why I don't really rate the dip method or advise that newbies should channel their attention towards it.

[cyberninja2]

An emergency fund is necessary to hold Bitcoin for the long term, but the size of this fund is an important consideration. There is no way to predict what level everyone will have in an emergency. One purpose of an emergency fund is to protect from selling your Bitcoin holdings in an emergency. The size of the fund should be enough to cover your daily needs for 2-3 months. So it would be wise to keep a reserve fund in cash on hand for small emergencies. It may also be wise for a smart investor to reduce the amount of buying slightly during a Bitcoin price increase and keep an additional discretionary reserve fund as a reserve fund because aggressive accumulation from the reserve fund during a price decrease can accumulate more sat with fewer dollars. It is also wise to apply your own strategy of reducing or increasing the amount of Bitcoin based on your discretionary income for a long term Bitcoin accumulation (during price fluctuations).

If you want to save Bitcoin for the long term you must have an emergency fund sufficient to meet your daily needs with your family. Any goal is fine especially when it comes to saving BTC for the long term. Having an emergency fund/reserve fund is essential. Otherwise it's highly risky as basic needs may not be met potentially leading to disputes over your desired activities.

Having a reserve fund has many uses, including safeguarding your invested assets so you won't be affected when your financial situation is difficult. This reserve fund is useful but we can still implement strategies to increase our Bitcoin holdings without compromising our fundamental goal of accumulating Bitcoin for the long term regardless of market conditions. This is a good way to maintain assets for our future.

[Emikoyumi]

You're referring to the unpredictability of cryptocurrency markets! It's frustrating when coins drop in value after buying or appreciate after selling. This volatility is normal, especially with Bitcoin, which has seen significant fluctuations.

Currently, Bitcoin's price is around $90,047, and experts predict it may rise to $103,952 by February 2026. Some forecasts even suggest it could reach $150,000 to $200,000 by the end of 2026 .

Whether it's a buy or sell time depends on your investment goals and risk tolerance. If you're looking for long-term growth, now might be a good time to invest. However, if you're looking for short-term gains, it's essential to monitor market trends and set clear entry and exit points.

Keep in mind that cryptocurrency investments carry risks, and it's crucial to do your own research and consider multiple sources before making decisions.

Would you like more information on Bitcoin's price predictions or investment strategies?

What the hell. You don't need all this things man. Do you have a long term plan? Are you currently buying bitcoin? How consistent are you? That should be your concern rather than all this crypto circus, that will only keep you in a single spot.

You can't predict bitcoin, when will you lot ever understand that.

If you cherish protecting your finances, then stay the fuck away from acting like a trader and invest in Bitcoin with the strategy called DCa.

Bitcoin investment is most important to plan for the long term, where each investment should be held for a long time to be able to achieve appropriate benefits. Following the DCA method makes it easier to hold Bitcoin for a long time, and investing Bitcoin weekly will enable investors to accumulate more Bitcoin. However, those who invest with ordinary small amounts of money should continue until they accumulate one Bitcoin.

Instead of expecting sudden big profits from Bitcoin it is wiser to stay patient and think long term, DCA reduces stress when the market goes down there is less fear and over time your Bitcoin holdings grow, Even small but consistent investments can eventually add up to a good amount of Bitcoin,The key point is to stay consistent and avoid rushing,
 
However I have also seen many people say that smart DCA is a bit better, The idea is that smart DCA not only helps accumulate Bitcoin like regular DCA but also allows buying more during deep market dips, Still I think this approach is not easy for everyone because not everyone has a large amount of extra money available to invest during those dips,

[Chainspector]

[Edited out]

There seems to be confusing idea in your statement, like it’s always been said here emergency funds is very important and Vital with your investments, so talking about the situation that you are making a reference right now, if in a situation that you have an emergency and this emergency have taken all your emergency funds available, where by you need more money to solve this problem or challenge, then you don’t even have to sell part of your bitcoin immediately, you can fall back to your reserved funds, well if in a situation that you have exhausted your emergency funds and reserved funds, Damn you might as well fall back to a Gofund me, fund raising, anyways selling your bitcoin should be the last thing on your mind, you can always have other options that might be of a grate help to you in solving this problem.

I think we have to be more realistic when discussing bitcoin investment so that it won't be painted like a taboo or seen as more valuable than life. You were going well with your narrative until you decided to undermine the urgency of a real emergency situation. Yeah sure, in an extreme emergency situation, when you have exhausted your emergency funds, the next fall back should be your backup funds and when exhausted, then your reserved funds.

When every option is exhausted and the situation still persists, you may not be very wrong to dip hands into your bitcoin if that's your last resort. Life is worth more than diamond and bitcoin joined together. Will you embark on opening a gofund account when there's a critical situation that needs immediate attention? Depending on the situation at hand, you may even run a simultaneous gofund account or fund raising while dipping hands into these funds. Fund raising doesn't happen immediately which is why you have to save the situation first before looking back. All you have to ensure is that you have actually exhausted every alternative before dipping hands into your bitcoin.

Borrowing money to spend in order to spare your bitcoin is the same as borrowing money to invest in bitcoin. They can both destroy your bitcoin stash at any point in time which is also another reason you cannot choose borrowing money to save the emergency situation instead of selling your bitcoin. After every trial (Emergency situation) an investor who is really dedicated can still start afresh at least with no extreme financial stress (If your bitcoin was able to handle the extreme emergency situation). Starting afresh for me, will guarantee better bitcoin safety than borrowing money in order to preserve your bitcoin during emergency situations.

There is indeed a possibility that unforeseen circumstances can lead a person to situations where he will have little to no choice but to tap into his bitcoin portfolio. Even as we take the proper steps to build our emergency funds and reserve funds for situations like this, create budget plans that covers our needs and investments, there is still no certainty that our lives can be measured with how much we have gathered. We can only try to create as much security for our Bitcoin investments that we can afford. For example someone based in a country where basic things aren’t basic and with little support system is faced with a terminal health problem, in such a scenario he can end up depleting so much of his emergency funds and also reserve funds. He can neither cut on his expenses now nor get a way to increase his income. At this point he will have no choice but dipping into his investment.

[dimonstration]

You are not wrong but, in a circumstance where an emergency need swallows your emergency funds, you will be left with no option but to sell part of your bitcoin. It is not wrong to sell your bitcoin either to take profits or to use it to settle a need that have overpowered your emergency fund as far as you have reached the target of your accumulation. It's only when you are still in accumulation stages that it will become a bit problematic but if there is need to sell in order to attend to an immediate health issue then it is not a bad decision to sell.

You asked a very good question, which is in a situation where by your emergency needs is greater than your emergency funds, what will you do in such a situation?
 First of all, this is one of the reasons sir jayjuangee sometimes spoke about it, in this thread why  our emergency funds should be big enough to carry three months of expenses or more, because if you emergency funds is that strong, their is no way you will fall into such predicament, because it's more better to prevent a situation from happening than looking for cure or solution to it.
So to answer your question, if you find yourself in such a situation, their is no way you can avoid tempering with your holdings, so it would be better that your emergency funds is very strong, so that you wouldn't find yourself in such a situation anytime in the future.

This is not always true depending on your country because even with 3 months worth of expenses or more sometimes not sufficient if the emergency is an extreme medical condition.

I’ve been on this situation before and it sucks to be on a country that has a poor healthcare even though I’m paying contributions since I start working.

To cut the chase, there’s always some scenario that even you seem prepared you will forced to take a lot from your funds. But in general having an extra funds like that is a must to cover any normal emergency that can possibly happened.

Guys need to figure out a balance in how much cash they are keeping in their cushion (back up funds) as compared with how much they are investing into bitcoin, and yeah the back up funds are not going to cover all situations that might happen, and if people live in circumstances in which there are higher chances that higher cost emergencies are going to happen, then they likely need to keep more back up funds.

If you screw up in one direction or another, then you are going to be the one who pays the price for your screw up... which should be an incentive to get it right or at least within a reasonable neighborhood of right.  Small mistakes are not a big deal and small mistakes are likely to happen..

If we are investing over 10 years and even sometimes 15 years or more, we are likely going to have various mistakes along the way, yet at the same time we should still want to be mostly directionally correct by investing in BTC and sufficiently protecting our bitcoin investment, but yeah if we end up being a no coiner and/or a low coiner after 10-12 years of investing, then we might acknowledge mistakes that we might have made, yet we cannot go back in time and "do over" those previous 10-12 years... There can be a really BIG difference 10 years later, and we would likely end up feeling a lot of regrets if we have to start over after investing for 10 years if we end up screwing up in BIG ways rather than small ways in which we can recover.

I totally agree on this. My post is just based on my own experience when I encounter this before. I share this on my old post.

I spend all my Bitcoin back then due to medical emergency to save my grandma life which is worth it every sats back then since I accumulated that Bitcoin holdings for many years when I started in Bitcoin investment.

I never give up on Bitcoin investment after I sold because I gradually DCA using my salary to start from 0 sats. Gladly, I’m proud to say that I manage to get back due to the dip during the pandemic started which I accumulated most of my Bitcoin holdings.

[Qhunman]

Bitcoin investment is most important to plan for the long term, where each investment should be held for a long time to be able to achieve appropriate benefits. Following the DCA method makes it easier to hold Bitcoin for a long time, and investing Bitcoin weekly will enable investors to accumulate more Bitcoin. However, those who invest with ordinary small amounts of money should continue until they accumulate one Bitcoin.

DCA strategy only makes accumulating bitcoin easier it doesn't apply to holding. Investing in bitcoin may be easy using the DCA but holding it for the long term requires discipline. To Hold easily for the long term requires discipline and Emergency fund to protect your investments. You must have discipline and Emergency fund to prevent you from tap into your bitcoin during emergency otherwise you might likely sell out of pressure.

[Obulis]

Currently as I have learned so far ,I have been informed that in Bitcoin investments that their is no perfect time to buy or to sell ,that if you have money to invest you should invest because the more you are weating for Bitcoin to decrease before you buy that's more time you are wasting,so the perfect time is to invest in to Bitcoin at anytime time ,but do it with your spear money (descretionary income )so that if the investment doesn't go well you can't even regret it,so invest at anytime ,to be at the safer side you can
sell at the top and buy at the bottom.

Wow! lover boy you have tried to make a very valuable point by saying that you are "informed that in Bitcoin that there is no perfect time to buy or to sell". For sure I believe and work with no perfect time to buy Bitcoin and having no perfect time to buy Bitcoin is somehow talking about or related to DCA strategy. But you also saying that there is no perfect time to sell is in a way implying that long-term approach to Bitcoin doesn't really matter since if you buy Bitcoin today (which is a perfect time to buy Bitcoin) tomorrow (as in 25th January 2026) can become the perfect time to sell and this is not long term but trading or gambling.

[Umulala-alala]

Currently as I have learned so far ,I have been informed that in Bitcoin investments that their is no perfect time to buy or to sell ,that if you have money to invest you should invest because the more you are weating for Bitcoin to decrease before you buy that's more time you are wasting,so the perfect time is to invest in to Bitcoin at anytime time ,but do it with your spear money (descretionary income )so that if the investment doesn't go well you can't even regret it,so invest at anytime ,to be at the safer side you can
sell at the top and buy at the bottom.

You can getting things complicated you have earlier said that investor shouldn't wait for the price of bitcoin to dip before buying that you can buy when you have your discretionary income which i accepted because as an investor who wants to get to his accumulation consistent buying of BTC should be your target, secondly selling when the price increase and buy back when the price dip is not an investment but gambling, but you can actually sell some when you have reached your accumulation stage and still continue to buy more BTC.

[Akuma_]

Currently as I have learned so far ,I have been informed that in Bitcoin investments that their is no perfect time to buy or to sell ,that if you have money to invest you should invest because the more you are weating for Bitcoin to decrease before you buy that's more time you are wasting,so the perfect time is to invest in to Bitcoin at anytime time ,but do it with your spear money (descretionary income )so that if the investment doesn't go well you can't even regret it,so invest at anytime ,to be at the safer side you can
sell at the top and buy at the bottom.

You can getting things complicated you have earlier said that investor shouldn't wait for the price of bitcoin to dip before buying that you can buy when you have your discretionary income which i accepted because as an investor who wants to get to his accumulation consistent buying of BTC should be your target, secondly selling when the price increase and buy back when the price dip is not an investment but gambling, but you can actually sell some when you have reached your accumulation stage and still continue to buy more BTC.

I agree but if you can hold btc then hold until $1M beacose we all know btc is a moon touching mother coin. We all know that Bitcoin today or tomorrow but but it will go moon. That's the reason if possible hold 1 btc and forgot it that you have hold or invested untill $1M.  I will prefer Buy Buy Buy BTC Hold Hold Hold bTC and spend you weekend in relax.

[rezakurnia66]

If you want to save Bitcoin for the long term you must have an emergency fund sufficient to meet your daily needs with your family. Any goal is fine especially when it comes to saving BTC for the long term. Having an emergency fund/reserve fund is essential. Otherwise it's highly risky as basic needs may not be met potentially leading to disputes over your desired activities.

Having a reserve fund has many uses, including safeguarding your invested assets so you won't be affected when your financial situation is difficult. This reserve fund is useful but we can still implement strategies to increase our Bitcoin holdings without compromising our fundamental goal of accumulating Bitcoin for the long term regardless of market conditions. This is a good way to maintain assets for our future.

Exactly, someone have put bitcoin for long term investment firstly allocated few percent of their saving for emergency fund and its unpredictable thing happen do not sell bitcoin to back up emergency needed. I think is very good ideas if want to be long term investment in bitcoin we need allocate emergency fund firstly and has back up fund to anticipation any emergency moment happen to us.

Right now I invest my children cost of education in bitcoin have been allocated around $2k during under two years and I think need it still long term, the cost of education will use after my children go to college and still around 15 years later. Than saving only at the bank so I move my children cost of education for investing in bitcoin avoid from inflation values.

[Gallar]

If you want to save Bitcoin for the long term you must have an emergency fund sufficient to meet your daily needs with your family. Any goal is fine especially when it comes to saving BTC for the long term. Having an emergency fund/reserve fund is essential. Otherwise it's highly risky as basic needs may not be met potentially leading to disputes over your desired activities.

Having a reserve fund has many uses, including safeguarding your invested assets so you won't be affected when your financial situation is difficult. This reserve fund is useful but we can still implement strategies to increase our Bitcoin holdings without compromising our fundamental goal of accumulating Bitcoin for the long term regardless of market conditions. This is a good way to maintain assets for our future.

Emergency funds and reserve funds are indeed very important for us to have, especially when investing in bitcoin. However, I think you may be misunderstanding this concept, as emergency funds and savings are not meant for daily expenses but rather for emergencies and planned expenditures (savings). So, when it comes to funds used to cover living expenses, it is clear that we must have an income to cover all basic needs.

Then we can use the rest to invest in bitcoin, and if we don't have an emergency fund yet, we can set some aside for this purpose. So, the point is simple: the most important thing is that we invest in bitcoin according to our means and don't use money that is needed for daily living expenses when investing. Additionally, we can build an emergency fund while investing. So, the main point is not to be afraid to start if you're interested in investing in Bitcoin, because fundamentally, it's not complicated.

[Abelly]

You can’t be sick and you are holding bitcoin, that is wrong decision by any investors, but as an investor, if you invest in bitcoin and you don’t have emergency funds you are not a good investor, no one will use all his funds to invest in bitcoin and when he is sick he will not be able to treat himself, before thinking of buying bitcoin, you have to know that bitcoin is a long term investment and you should have a proper plan before thinking of buying bitcoin.

The potential for unexpected emergencies can happen at any time. However, the reality is that you should never find yourself in a situation where you have no money to pay your bills because all of your money is tied up investing in Cryptocurrency. That said, if you don't have an emergency fund set up, you cannot predict what will happen in the future. The bottom line is that it is possible and even irresponsible to consider investing in Cryptocurrency (or any type of investment) if you do not already have a solid savings plan for yourself and for your family. Investing in Cryptocurrency should be treated as a long-term investment; so, if you are looking to use the money for short-term needs, do not expect to use your investment as part of your financial plans. Therefore, a financially smart investor will always have funds set aside to pay for medical expenses and for the everyday bills that they will face each month before they choose to invest in Cryptocurrency. A financially secure foundation needs to be built before anyone begins directing money towards cryptocurrency investments; so please be sure to have developed your financial plans for your investments and profits.

It is a very risky to not have emergency funds when you as an investor, what if the sickness lead to another level, how are you going to do? Because sickness can not be avoided and it will make you touch your bitcoin and the those plans you made for your future are not going to happen, an investor should be prepared to face any challenges by doing the right thing at the right time to make sure they succeed when holding bitcoin for a long period of time.

There are risks associated with being an investor without an emergency fund. For example, if you experience sickness unexpectedly, you might need to sell some or all of your Bitcoin before you originally planned to do so, which can interfere with achieving your long-term objectives. Everyone eventually will experience a health-related issue, therefore it is very important for all investors to plan ahead and build an emergency savings account. By establishing an emergency fund, you will be able to protect your investments and maintain your ability to hold Bitcoin, stay calm when facing adversity, and remain focused on your long-term success without feeling undue pressure.

I’ll advice when next you’re talking about investing in Cryptocurrencies as you’ve said, you need to be precise on the coin you’re talking about so newbies don’t get misguided when reading your post, the major purpose of this discussion is buying and selling of bitcoin, because there are a lot of shit coin out there that will end up rug pulling your money. Also, as a newbie, if you do not have any discretionary fund and you have the intentions to invest into Bitcoin, try as much as possible to get a steady flow income job, that will enable you get a discretionary fund,  and you will be able to keep your Bitcoin investment afloat, if not, you’ll end up turning to your investment in times of emergencies or selling at a time that is not of your own choosing.

thats true, one needs to be specific with bitcoin and not to confuse bitcoin to cryptocurrency as there are lots of it out there that are really shitcoins and cant provide the value bitcoin does over the years. but then again, i think that the right word to use here is simply ''bitcoin investment' rather than saying buying and selling of bitcoin. here the focus is long term bitcoin investment and not just merely buying and selling it which could be giving the wrong mindset of always buying and selling when is not yet time.

The term Bitcoin investment is more appropriate because the Emphasis here is on the long-term perspective. The buying and selling mentality often leads people to unnecessary trading FOMO and timing mistAkes, but long term Bitcoin inVestment means making decisions based on patience, Consistency, and fundamental beliefs.

[Chainspector]

Bitcoin investment is most important to plan for the long term, where each investment should be held for a long time to be able to achieve appropriate benefits. Following the DCA method makes it easier to hold Bitcoin for a long time, and investing Bitcoin weekly will enable investors to accumulate more Bitcoin. However, those who invest with ordinary small amounts of money should continue until they accumulate one Bitcoin.

Continuous investment and long-term holding are two completely different things. DCA method is an investment method through which you can buy. However, compared to all the other investment methods, DCA method has many more advantages. For example, the average purchase price decreases, sometimes the average purchase price increases. Thoughtless investment is like buying slowly with a small amount of money, due to which the market does not have such a big impact on us when it falls. When a person invests in DIP method, he becomes very scared when he sees the market fall and is under mental pressure.

To continue investing, it is very necessary for us to have unwavering willpower. When we have unwavering willpower, we will express our desire to invest without any reluctance.

I understand that continuous investment and long term holding can mean different things entirely but in DCA these two work hand-in-hand. Your statement “DCA method is an investment method through which you can buy” isn’t clear enough and might get people confused. Every Bitcoin investment method enables us to buy Bitcoin but the difference between the DCA method and the others is that the DCA method allows everyone to buy Bitcoin “consistently” through customizable timeframes, that suits your income flow - even though your investment amount doesn’t need to be consistent (it can be tweaked according to your income flow). In the DCA you accumulate bitcoin buys and the goal is to hold them long-term with proper budgeting plans set in place to protect you and your investments for as much cycles you want to hold till you maybe get to the over-accumulation stage.

[Shadiq]

I agree but if you can hold btc then hold until $1M beacose we all know btc is a moon touching mother coin. We all know that Bitcoin today or tomorrow but but it will go moon. That's the reason if possible hold 1 btc and forgot it that you have hold or invested untill $1M.  I will prefer Buy Buy Buy BTC Hold Hold Hold bTC and spend you weekend in relax.

Never use the price of Bitcoin as a benchmark for setting your goals. Suppose, at the beginning of your investment journey, Bitcoin touched $1 million, would you sell immediately? This would definitely be wrong. Use the number of Bitcoins as a benchmark, not a price as a goal. It can come very soon or very late. Accumulate a fixed number of Bitcoins, then take profits when needed. Do not rely on price.

[Muba20]

Bitcoin investment is most important to plan for the long term, where each investment should be held for a long time to be able to achieve appropriate benefits. Following the DCA method makes it easier to hold Bitcoin for a long time, and investing Bitcoin weekly will enable investors to accumulate more Bitcoin. However, those who invest with ordinary small amounts of money should continue until they accumulate one Bitcoin.

DCA strategy only makes accumulating bitcoin easier it doesn't apply to holding. Investing in bitcoin may be easy using the DCA but holding it for the long term requires discipline. To Hold easily for the long term requires discipline and Emergency fund to protect your investments. You must have discipline and Emergency fund to prevent you from tap into your bitcoin during emergency otherwise you might likely sell out of pressure.

DCA is an investment method that makes it easy to buy Bitcoin. Basically, one does not have to take the pressure of investing in large amounts, whether the price is high or low, he can buy regularly. And the benefits of regular investment create a habit of continuing in the long term and this method keeps the risk free from emotions and hasty decisions. So DCA is a process of making investment easy and controlled. Strategy only does not guarantee that someone will hold on for the long term. Strategy requires patience, discipline and financial management. If someone does not manage his finances properly and does not keep any funds for his urgent needs, then he may be forced to sell if any financial pressure comes, which destroys his long-term investment plan. So the DCA method does not protect anyone from mental stress, financial pressure. And to hold for the long term, mentality, discipline, clear planning and risk management are required along with the right strategy.

[Littlemini]

I think that we get ourselves in a bit of trouble when we try to be too specific in regards to what emergency funds are for, since  all back up funds can likely be used when there are losses of income and/or increases in expenses, and so the emergency funds would be the last line of protection in order to not have to tap into our bitcoin.. so there should be increasing levels of urgency that are felt as the various back up funds get depleted if they are not replaced and also at various points our behaviors should end up changing the more that our back up funds are depleted.

Not only in the case of investment, but in real life, emergency funds are formed only thinking about these things that if the financial situation deteriorates in the future, money can be used from this emergency fund. Since the investment is planned for a long term, a person's life can definitely deteriorate financially during this long period, so that if there is a financial problem, a decision to sell the investment is not taken, that is why emergency funds are taken so seriously for investment. This is important because now everyone is aware of emergency funds, so many people may try to form an emergency fund before investing. But the problem arises when money is used from the emergency fund once and when that emergency fund is not filled with money again. Then the use of this emergency fund is on time, the financial problem has arisen once in life and it will not arise again in the future, but it is not like this, so if you spend half of the emergency fund once, you should fill the emergency fund again later.  

It is normal for money to be spent from an emergency fund, but it becomes abnormal when this emergency fund is no longer maintained.

There are surely folks who are capable of keeping more backup funds, but they don't do it since they presume there ability to get through periods of loss of income and/or increases of expenses including that some guys might think that getting another job is providing such protections, when it is not providing the same level of protections as back up funds... and so guys will even spend more and live more on the edge based on their having more than one source of income - and then they end up getting themselves in trouble and getting put into a position in which they end up tapping into their bitcoin at a time that was not of their choosing, and even their rationalizing that it is O.k to tap into their bitcoin since the bitcoin "is in profits" which largely shows that they had been giving too low of a priority to protecting their bitcoin and making sure that they are ongoingly and persistently building their bitcoin stash rather than tapping into it (even if the bitcoin might be in 20%, 70%, 150%, 500% or some other level of "profits").

The more a person earns, the more his expenses increase, maybe the money is coming to him from his multiple sources of income temporarily, it does not mean that it is permanent and it is included in his emergency fund. If suddenly due to some problem his multiple sources of income stop coming, then how will he manage his expenses. It is our nature that when we earn more money, our standard of living improves, like we like to live in a good house, like we like to drive a good car and to do these things, but we need more money. So if we do not understand the importance of emergency fund and keep thinking of only temporary pleasure and multiple sources of income as emergency fund, then at that time we will be in danger when our financial condition will be bad.

This is another misconception that I have invested and there is profit in my investment, so I also see this as a way of spending in the future. If we have to spend a part of our profit, then we cannot call it investment, rather we can call it trading and here we are talking about investment. If an investor invests for a period of 7-8 years and sells any amount of the investment after three or four years, I think that too will not be considered an investment.

The point is that maintaining multiple emergency funds and keeping the emergency fund rich is not a matter of frustration, but rather a place of strength, a place of financial support for an individual.

If we are investing over 10 years and even sometimes 15 years or more, we are likely going to have various mistakes along the way, yet at the same time we should still want to be mostly directionally correct by investing in BTC and sufficiently protecting our bitcoin investment, but yeah if we end up being a no coiner and/or a low coiner after 10-12 years of investing, then we might acknowledge mistakes that we might have made, yet we cannot go back in time and "do over" those previous 10-12 years... There can be a really BIG difference 10 years later, and we would likely end up feeling a lot of regrets if we have to start over after investing for 10 years if we end up screwing up in BIG ways rather than small ways in which we can recover.

If one includes selling the investment among the small mistakes, then it will not look good. I know that those who invest for a period of 10 years or more and those who hold the investment till this time have to face many challenges, but after all this, only those who can hold Bitcoin consistently are successful. I think time is of utmost importance in investing, if I fail to hold the investment for the next 10 years from now and if I think that after ten years I will continue the investment again and hold it for another ten years, then it may not be possible for me because in this long period my financial situation may change or my own pressure may increase, so wasting time will never be wise.

[Grace333]

Currently as I have learned so far ,I have been informed that in Bitcoin investments that their is no perfect time to buy or to sell ,that if you have money to invest you should invest because the more you are weating for Bitcoin to decrease before you buy that's more time you are wasting,so the perfect time is to invest in to Bitcoin at anytime time ,but do it with your spear money (descretionary income )so that if the investment doesn't go well you can't even regret it,so invest at anytime ,to be at the safer side you can
sell at the top and buy at the bottom.

You can getting things complicated you have earlier said that investor shouldn't wait for the price of bitcoin to dip before buying that you can buy when you have your discretionary income which i accepted because as an investor who wants to get to his accumulation consistent buying of BTC should be your target, secondly selling when the price increase and buy back when the price dip is not an investment but gambling, but you can actually sell some when you have reached your accumulation stage and still continue to buy more BTC.

I agree but if you can hold btc then hold until $1M beacose we all know btc is a moon touching mother coin. We all know that Bitcoin today or tomorrow but but it will go moon. That's the reason if possible hold 1 btc and forgot it that you have hold or invested untill $1M.  I will prefer Buy Buy Buy BTC Hold Hold Hold bTC and spend you weekend in relax.

There is no certainty in the market that bitcoin would make whatever amout you hold to $1M or one bitcoin would get to one million, so why not focus on a realistic goal like holding for some couple of year like a cycle or probably a decade.
You can't possibly think of becoming a millionaire off your bitcoin investment and still forget about it, which is why it's best to invest what you can from your discretionary income for a duration of time so you don't get emotionally attached to the price. For better emotional control, it would be best to view your bitcoin investment as a savings against inflation and not a 10x multiplier.

[MusaPk]

There is no certainty in the market that bitcoin would make whatever amout you hold to $1M or one bitcoin would get to one million, so why not focus on a realistic goal like holding for some couple of year like a cycle or probably a decade.
You can't possibly think of becoming a millionaire off your bitcoin investment and still forget about it, which is why it's best to invest what you can from your discretionary income for a duration of time so you don't get emotionally attached to the price. For better emotional control, it would be best to view your bitcoin investment as a savings against inflation and not a 10x multiplier.

We have seen in the past that people who bought Bitcoin 10 years ago and still holding it are getting massive profit. Moreover there purchase price is also negligible. Same thing may or may happen in next 10 years and if we are investing for next 10 years then we must remain ready for both scenarios. One thing I am very much sure is that Bitcoin will give you good return in next 10 years and that's why I invest with intention of getting profit after 10 years. Don't just invest with intention of becoming millionaire but to get good profit in the long run.  

[Finebone]

I agree but if you can hold btc then hold until $1M beacose we all know btc is a moon touching mother coin. We all know that Bitcoin today or tomorrow but but it will go moon. That's the reason if possible hold 1 btc and forgot it that you have hold or invested untill $1M.  I will prefer Buy Buy Buy BTC Hold Hold Hold bTC and spend you weekend in relax.

Never use the price of Bitcoin as a benchmark for setting your goals. Suppose, at the beginning of your investment journey, Bitcoin touched $1 million, would you sell immediately? This would definitely be wrong. Use the number of Bitcoins as a benchmark, not a price as a goal. It can come very soon or very late. Accumulate a fixed number of Bitcoins, then take profits when needed. Do not rely on price.

Though I can't deny that it's good to be using number or size of Bitcoin as a benchmark as your target in your Bitcoin investment, another thing I would prefer over size or numbers of Bitcoin is timeframe, like 10 to 20year timeframe of constant accumulation, that way you are not putting a limit to the stash of Bitcoin you might possess if you can be consistent in that numbers of years of constant accumulation of Bitcoin.

[ejikeme24]

I agree but if you can hold btc then hold until $1M beacose we all know btc is a moon touching mother coin. We all know that Bitcoin today or tomorrow but but it will go moon. That's the reason if possible hold 1 btc and forgot it that you have hold or invested untill $1M.  I will prefer Buy Buy Buy BTC Hold Hold Hold bTC and spend you weekend in relax.

Everyone have to decide for themselves how much Bitcoin they are going to buy, you have no right to decide for them on the amount of Bitcoin they should hold, this amount you mentioned is very huge which not all investors can be patient enough to allow their investment profit to keep adding especially when they see that they have reach their accumulation status or the stage of overaccumulation, guys is likely to sell some portion of their holdings when they see that they are in profit and then, allow it to compound upon  itself and I don't see anything wrong with that even though some investors might decide to keep holding even when they see that they are in profit, it could be that they have other alternative but a guy that only depend on his or her Bitcoin investment is likely to start selling some portion of their holdings when they get to the status of overaccumulation.