Buy Buy Buy or Sell Sell Sell?

[Chainspector]

Also we have the ever-present question regarding how much we get for our money and how far the dollar had been debased in the 8 or 12 years that we are measuring our progress and/or figuring out if we might need to change aspects of our bitcoin accumulation and/or our bitcoin portfolio management.  Many of us anticipate that based on the way that bitcoin had been designed that it is quite likely to appreciate more and better than the dollar and other fiat in order to also account for the dabasement of such dollars (fiat).

Saving money and later losing value is a financial loss, but if you can invest in Bitcoin in a long-term plan instead of keeping that money in the bank and keep the investment for that long period, then at the end of that long period, you will get a good return on your money, but in terms of fiat value. In a word, investing in Bitcoin is more profitable than saving fiat in all aspects.

No doubt, Bitcoin is among the best, if not even the asset that store of value...So it seems more profitable to save your money in Bitcoin than to save it in fiat...But then folks should know that the outcome of Bitcoin is unknown, most folks will only anticipate but they cant for sure tell if Bitcoin will even surpass their future expectations, that is why it is expected that folks only invest in Bitcoin using that their extra cash, which of course is the money that they can afford to loose...

It's not always about extra cash or let me say there is nothing about extra cash in terms of investment. You as an investor needs to be very intentional, planning and making up your mind before any decision you take. Be it how much you're investing with or how long are you holding, because that's what makes you an investor. You are not investing because you have some extra money you have no use for but rather because you have seen, analyze and understand Bitcoin and you know it's benefits and game. You know what it can do and how it will help you so you invest with an amount that you intentionally keep for that purpose and not and extra cash which you don't have use for.
It is better you keep that extra cash aside as emergency funds in case of any emergency, you won't have to sell your Bitcoin when you didn't want to

Discretionary funds is the amount of an individual’s income left over after paying taxes and essential expenses - so you might as well call it extra cash. You might want to check that out. Having an extra cash enables folks to handle non-essentials wants, make savings and Investments. So yes it is always about Discretionary income (extra cash). Folks have no control on how Bitcoin operates and the factors behind it, yet if they choose to invest in Bitcoin based on their budgetary considerations (what you call very intentional planning) while using only discretionary funds they can start a Bitcoin investment journey.

[gracreavix]

Also we have the ever-present question regarding how much we get for our money and how far the dollar had been debased in the 8 or 12 years that we are measuring our progress and/or figuring out if we might need to change aspects of our bitcoin accumulation and/or our bitcoin portfolio management.  Many of us anticipate that based on the way that bitcoin had been designed that it is quite likely to appreciate more and better than the dollar and other fiat in order to also account for the dabasement of such dollars (fiat).

Saving money and later losing value is a financial loss, but if you can invest in Bitcoin in a long-term plan instead of keeping that money in the bank and keep the investment for that long period, then at the end of that long period, you will get a good return on your money, but in terms of fiat value. In a word, investing in Bitcoin is more profitable than saving fiat in all aspects.

Yeah, it is a financial loss, and it is something people need to pay attention to.  The crazy part is that a lot of people out there are actually losing money without even realizing it.. They feel safe because their account balance is still the same number, but the value of the money is quietly reducing.

That thing doing the damage is inflation.  And it did not just start today, it has always been part of the system and it is not going anywhere.  Every year, your money buys and become less, even though it still look untouched in your bank account. That is the silent loss so many people ignore..

I talked little about how inflation really works here inflation

The only real way to fight inflation is to put your money into an asset that can beat it, not just preserve it.   And obviously Bitcoin can and has proven to be one of the strongest assets.  It is scarce, it has long term growth, and all it take to beat inflation..

[Akaenyi]

Because the best time to accumulate is mostly when there is a dip and the price or value of Bitcoin is low as at that point.

Your statement here could be contradictory and misleading most especially to the newbies as it might go a long way to suggesting that they will have to wait until when bitcoin price is low before they can start accumulating and investing in bitcoin. Personally I think that as a long term bitcoin investor, the best time to accumulate bitcoin is when we have our discretionary income ready for use, and not only when the price is low. Once am individual is able to figure out his or her discretionary income, then is the best time to buy bitcoin and hold for long term goal. The goal is to be buying consistently or perhaps persistently at any market price with just our discretionary income using the DCA method to accumulate either weekly or monthly depending on how our income flows so we can gradually build up our portfolio instead of buying only when its dip which will rather slow our investment because we might be waiting for the dip and it might not occur soonest or never at all. If along the line as we are buying regularly and the dip presents itself, it will only be an added advantage for us to accumulate more at such a reduced price.

From a business point of view the best time to buy Bitcoin is when it dip so you can get more profit when it pumps but the problem is that Bitcoin is volatile and you don't know how dip it will go. This strategy is especially good for traders who wants quick profit but it's not necessary for investors who wants to keep buying for many years, if they see Bitcoin being far more valuable in the next 8 years for instance they will not wait for dip before they buy. Use amounts that you are comfortable with from your discretionary funds without any pressures of expecting dip before you buy as a long term investor.

[puloweh555]

Because the best time to accumulate is mostly when there is a dip and the price or value of Bitcoin is low as at that point.

Your statement here could be contradictory and misleading most especially to the newbies as it might go a long way to suggesting that they will have to wait until when bitcoin price is low before they can start accumulating and investing in bitcoin. Personally I think that as a long term bitcoin investor, the best time to accumulate bitcoin is when we have our discretionary income ready for use, and not only when the price is low. Once am individual is able to figure out his or her discretionary income, then is the best time to buy bitcoin and hold for long term goal. The goal is to be buying consistently or perhaps persistently at any market price with just our discretionary income using the DCA method to accumulate either weekly or monthly depending on how our income flows so we can gradually build up our portfolio instead of buying only when its dip which will rather slow our investment because we might be waiting for the dip and it might not occur soonest or never at all. If along the line as we are buying regularly and the dip presents itself, it will only be an added advantage for us to accumulate more at such a reduced price.

From a business point of view the best time to buy Bitcoin is when it dip so you can get more profit when it pumps but the problem is that Bitcoin is volatile and you don't know how dip it will go. This strategy is especially good for traders who wants quick profit but it's not necessary for investors who wants to keep buying for many years, if they see Bitcoin being far more valuable in the next 8 years for instance they will not wait for dip before they buy. Use amounts that you are comfortable with from your discretionary funds without any pressures of expecting dip before you buy as a long term investor.

This all depends on our goals in investing in Bitcoin whether they're long-term or short-term. Because each goal will have different strategies to implement, if it's for the short term waiting for a decline might be best. However, if your goal is long-term neither decline nor increase matters because you'll continue to conduct DCA for the long term. That's why it's important to set investment goals so you can implement the right strategy which will keep you committed to your strategy and achieve your goals.

The best advice when investing in Bitcoin is to aim for the long term as all strategies can be used. You can implement a DCA strategy responsibly and when a decline occurs you can also take advantage of this opportunity to increase your Bitcoin purchases. With a long-term goal you won't even consider selling before achieving your goal.

[Marvelockg]

Because the best time to accumulate is mostly when there is a dip and the price or value of Bitcoin is low as at that point.

Your statement here could be contradictory and misleading most especially to the newbies as it might go a long way to suggesting that they will have to wait until when bitcoin price is low before they can start accumulating and investing in bitcoin. Personally I think that as a long term bitcoin investor, the best time to accumulate bitcoin is when we have our discretionary income ready for use, and not only when the price is low. Once am individual is able to figure out his or her discretionary income, then is the best time to buy bitcoin and hold for long term goal. The goal is to be buying consistently or perhaps persistently at any market price with just our discretionary income using the DCA method to accumulate either weekly or monthly depending on how our income flows so we can gradually build up our portfolio instead of buying only when its dip which will rather slow our investment because we might be waiting for the dip and it might not occur soonest or never at all. If along the line as we are buying regularly and the dip presents itself, it will only be an added advantage for us to accumulate more at such a reduced price.

From a business point of view the best time to buy Bitcoin is when it dip so you can get more profit when it pumps but the problem is that Bitcoin is volatile and you don't know how dip it will go.

A business person needs liquid cash for most of his business ventures and so, even when you are looking at bitcoin investment from a business stand point, it is still more safer to stick to a DCA investment approach as it helps you push out whatever amount you have saved up for your investment and never get to the point of eventually spending it all up for something that is likely an emergency need and never being able to spend the amount in accumulating your proposed bitcoin stack.

regardless the kind of work you are doing be it the normal end of the month salary job or a business that demands the use of fiat on a daily basis, you can always make proper plan so that do not spend the amount you are supposed to use in investing for the wrong reason and that you do not give excuses as per your business being the reason why you are not investing as well as you should.

[Nahl]

Because the best time to accumulate is mostly when there is a dip and the price or value of Bitcoin is low as at that point.

Your statement here could be contradictory and misleading most especially to the newbies as it might go a long way to suggesting that they will have to wait until when bitcoin price is low before they can start accumulating and investing in bitcoin. Personally I think that as a long term bitcoin investor, the best time to accumulate bitcoin is when we have our discretionary income ready for use, and not only when the price is low. Once am individual is able to figure out his or her discretionary income, then is the best time to buy bitcoin and hold for long term goal. The goal is to be buying consistently or perhaps persistently at any market price with just our discretionary income using the DCA method to accumulate either weekly or monthly depending on how our income flows so we can gradually build up our portfolio instead of buying only when its dip which will rather slow our investment because we might be waiting for the dip and it might not occur soonest or never at all. If along the line as we are buying regularly and the dip presents itself, it will only be an added advantage for us to accumulate more at such a reduced price.

From a business point of view the best time to buy Bitcoin is when it dip so you can get more profit when it pumps but the problem is that Bitcoin is volatile and you don't know how dip it will go. This strategy is especially good for traders who wants quick profit but it's not necessary for investors who wants to keep buying for many years, if they see Bitcoin being far more valuable in the next 8 years for instance they will not wait for dip before they buy. Use amounts that you are comfortable with from your discretionary funds without any pressures of expecting dip before you buy as a long term investor.

This all depends on our goals in investing in Bitcoin whether they're long-term or short-term. Because each goal will have different strategies to implement, if it's for the short term waiting for a decline might be best. However, if your goal is long-term neither decline nor increase matters because you'll continue to conduct DCA for the long term. That's why it's important to set investment goals so you can implement the right strategy which will keep you committed to your strategy and achieve your goals.

The best advice when investing in Bitcoin is to aim for the long term as all strategies can be used. You can implement a DCA strategy responsibly and when a decline occurs you can also take advantage of this opportunity to increase your Bitcoin purchases. With a long-term goal you won't even consider selling before achieving your goal.

Every investors should have their own goal because there is a time when the investors have decide to sold all of their investment assets because already to achieve their profit target and speaking about how to make bitcoin for investment asset i think it works for long term only because by holding bitcoin for certain time especially for years you will gets much benefit from bitcoin and the most important is your profit will be much higher rather than to used bitcoin for short term only moreover with the current prices of bitcoin which very high it's hard to expect movement prices 10% or above in the short term so, that's why plenty of people still suggest if you want your investment value increases especially in bitcoin then long term purposes is the right strategy

[Jostern]

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.

He is wrong to say that there is no perfect time to sell bitcoin because this simply means we can sell bitcoin at any time regardless of whether we are in profit or not. I do believe that long term investors do have investment timeline as per how long they intend to hold there bitcoin before they will sell.
As for perfect time to buy, the only time I do consider perfect time to buy is when we have discretionary income e buy bitcoin with.

If i should contribute on these discussions and i will say that i understand the point LOVER BOY was trying to make here, that when it comes to buying of Bitcoin that there is no perfect time for those gamblers that keep on waiting for the bear market to happen before considering to buy or sell off Bitcoin, so it is always advisable to buy Bitcoin aggressively as you can at any given time than regretting like his said earlier that once you miss the market opportunities all in the name of waiting to when have to buy.

Opportunities in Bitcoin investment do not always arise, so those who wait for opportunities are basically foolish. Because the current opportunity has been created in Bitcoin to buy Bitcoin, those who wait for more Bitcoin price dips will be basically foolish. Because the current Bitcoin price has been corrected considerably, it is the best idea to invest according to the DCA method. The DCA method plays the biggest role in buying Bitcoin from the market at any time, and the Bitcoin DCA method plays the biggest role in maintaining the investment.

The only way and means of having a successful investment in Bitcoin, is buying Bitcoin consistently and not waiting for an opportunity that we might not get, which is why the best possible way to stay ahead and having that chance of having a successful investment is by buying bitcoin on a regular basis, those who wait for Bitcoin price drops are people who are basically short term investors, no actually they’re not investors they’re just people who are traders and are most interested in having quick profits, and that is obviously a terrible way of buying bitcoin, the only key for success is buying bitcoin on a regular basis and holding for a long term period.

[MagnificentX]

Except you’re having a shot term goal which I’m certain won’t be profitable with Bitcoin.

That's just it, simple and clear. You as an investor in Bitcoin, it is difficult to make major or good profit if you're focused on short term goals. If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.
Bitcoin as an asset is something that is just like a Mango Tree which takes time to fully develop. It requires patient and constant work (watering) for it to grow into what you expect from it. The same way is how you need to be patient, consistent in accumulation and focused on the future if you want to profit from Bitcoin.

[Dunamisx]

Buy at the market fall, don't miss out on this target, then also sell at the market rise, don't get confused and fail to wait till this is achieved, we can always be profitable only when we understand the timing to use for each of our decision in buying and selling.

Some cant show a cognate reason to why they must speculate and buy at a particular stage where the market fall, because they lack the understanding of how the market overall performance looks like, then how would they be well positioned for selling in profits when the necessary things are not in place for them to earn more instead of losing, this is the main reason we can discover that some are in profits while some on losses at each stage of the market.

[Kiddo15]

Because the best time to accumulate is mostly when there is a dip and the price or value of Bitcoin is low as at that point.

Your statement here could be contradictory and misleading most especially to the newbies as it might go a long way to suggesting that they will have to wait until when bitcoin price is low before they can start accumulating and investing in bitcoin. Personally I think that as a long term bitcoin investor, the best time to accumulate bitcoin is when we have our discretionary income ready for use, and not only when the price is low. Once am individual is able to figure out his or her discretionary income, then is the best time to buy bitcoin and hold for long term goal. The goal is to be buying consistently or perhaps persistently at any market price with just our discretionary income using the DCA method to accumulate either weekly or monthly depending on how our income flows so we can gradually build up our portfolio instead of buying only when its dip which will rather slow our investment because we might be waiting for the dip and it might not occur soonest or never at all. If along the line as we are buying regularly and the dip presents itself, it will only be an added advantage for us to accumulate more at such a reduced price.

From a business point of view the best time to buy Bitcoin is when it dip so you can get more profit when it pumps but the problem is that Bitcoin is volatile and you don't know how dip it will go. This strategy is especially good for traders who wants quick profit but it's not necessary for investors who wants to keep buying for many years, if they see Bitcoin being far more valuable in the next 8 years for instance they will not wait for dip before they buy. Use amounts that you are comfortable with from your discretionary funds without any pressures of expecting dip before you buy as a long term investor.

If you want to buy Bitcoin from a business point of view, if you buy it when it's dip, how long do you think you can wait as business man for there to be a pump, remember that business men need their money in no distant time to sustain the growth of their business because it serves as a life wire, trader get their fingers burnt too often, and that's why it's mostly encourage if your buying Bitcoin then you need to be an investor, who has the patients to wait for a steady and a step by step growth. An investor really doesn't wait for the dip, but if it's comes, that's better.

[clifaduna]

Do you understand what discretionary means is? It is simply the money that remains to a person after he has paid taxes and closed all mandatory expenses. Well, like "free" money - not for food and rent, but for something else.

And with these very "free" money you can do different things:

Pamper yourself with something not really necessary, but pleasant;

try to invest somewhere.

Now about Bitcoin. no one can control how it works and what affects it. It’s just a fact. But if you decide to invest in bitcoin - great, just do it wisely.

The main principle: invest only the money you can really afford to lose. That is, exactly those discretionary funds. No credits, no money from the "black day savings". Just calculate your capabilities, make a plan - and act. So you can start your journey in the world of bitcoin investing without any risk.

[Solokan]

Do you understand what discretionary means is? It is simply the money that remains to a person after he has paid taxes and closed all mandatory expenses. Well, like "free" money - not for food and rent, but for something else.

And with these very "free" money you can do different things:

Pamper yourself with something not really necessary, but pleasant;

try to invest somewhere.

Now about Bitcoin. no one can control how it works and what affects it. It’s just a fact. But if you decide to invest in bitcoin - great, just do it wisely.

The main principle: invest only the money you can really afford to lose. That is, exactly those discretionary funds. No credits, no money from the "black day savings". Just calculate your capabilities, make a plan - and act. So you can start your journey in the world of bitcoin investing without any risk.

You have a good understanding and your explanation is very easy to understand. Yes, discretionary funds are as you explained, and if we invest in BTC without using discretionary funds, it will definitely make it difficult for us to feel calm when investing in BTC, especially if we use borrowed money, which will definitely make us feel uneasy. Indeed, as long as we use discretionary funds, it will certainly make our mentality secure and ultimately allow us to hold BTC for the long term. Unfortunately, there are still people who buy BTC without using discretionary income, which always leaves them confused when the price of BTC drops.

Investing in BTC is easy if we know the knowledge, and of course, we should not let investing in BTC disrupt our real-world lives because, in my opinion, investing in BTC is just a side business.

[PhilosopherKing]

If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.

Fuck shitcoin man, its a waste of time. All it does is to mess up with people head and make them make dumb decisions like hunting after quick profit, don't you see how shitty that is.

Rather than all these, people should go with an ongoing buying of bitcoin for a cycle and even more. You don't have to have perfect when you want to commence bitcoin. You can start but when commencing be keen to fixing your mindset by building a mindset that is prepared to investing and store their bitcoin for a cycle and more.

[Sim_card]

That's just it, simple and clear. You as an investor in Bitcoin, it is difficult to make major or good profit if you're focused on short term goals. If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.
Bitcoin as an asset is something that is just like a Mango Tree which takes time to fully develop. It requires patient and constant work (watering) for it to grow into what you expect from it. The same way is how you need to be patient, consistent in accumulation and focused on the future if you want to profit from Bitcoin.

Are you kidding me. Pls don't mislead newbies with those bolded statements of yours abobe. Apart from bitcoin no coin is promising in the long run. If you jump into shitcoins because you want to get rich quickly, that's how you will jump out with huge losses because shitcoin ain't no investment but a gambling tools. I see those that are shitcoiners as gamblers.

The nature of bitcoin and the problem it solve based on utility made it the king of crypto because it's decentralized in nature and censorship resistance. Shitcoins are pump and dump projects, because the dev can easily manipulate the price whenever, they want.

Bitcoin has proven to be a long-term asset that increases in value overtime. New investors should only invest in bitcoin for a long time and build your portfolio with DCA overtime. Nothing good comes easy because the road to success needs patience, time, sacrifice and determination. Bitcoin gives financial freedom because you are in full custody of your wealth and the price increases overtime. It's the future.

[Shineup]

Except you’re having a shot term goal which I’m certain won’t be profitable with Bitcoin.

That's just it, simple and clear. You as an investor in Bitcoin, it is difficult to make major or good profit if you're focused on short term goals. If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.
Bitcoin as an asset is something that is just like a Mango Tree which takes time to fully develop. It requires patient and constant work (watering) for it to grow into what you expect from it. The same way is how you need to be patient, consistent in accumulation and focused on the future if you want to profit from Bitcoin.

It is so annoying how you make it sounds as if there coins out there that can guarantee profits even the short term, this is misleading, people are gambling with their mental health seeking for short term profit and you are sounding like is a sure banker, there are numerous coins out there how do you intend to know which can be profitable in the short term? Bitcoin has to do with lot of patience which you are correct but telling people that they can make short term profit  in other coins like you are certain can be misleading, the golden advice is that one shouldn't do more than 10 percent size of their bitcoin in any other coins that's if they want to get involved with other coins other than Bitcoin.

[ChocolateBitcoinK]

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.

He is wrong to say that there is no perfect time to sell bitcoin because this simply means we can sell bitcoin at any time regardless of whether we are in profit or not. I do believe that long term investors do have investment timeline as per how long they intend to hold there bitcoin before they will sell.
As for perfect time to buy, the only time I do consider perfect time to buy is when we have discretionary income e buy bitcoin with.

If i should contribute on these discussions and i will say that i understand the point LOVER BOY was trying to make here, that when it comes to buying of Bitcoin that there is no perfect time for those gamblers that keep on waiting for the bear market to happen before considering to buy or sell off Bitcoin, so it is always advisable to buy Bitcoin aggressively as you can at any given time than regretting like his said earlier that once you miss the market opportunities all in the name of waiting to when have to buy.

Opportunities in Bitcoin investment do not always arise, so those who wait for opportunities are basically foolish. Because the current opportunity has been created in Bitcoin to buy Bitcoin, those who wait for more Bitcoin price dips will be basically foolish. Because the current Bitcoin price has been corrected considerably, it is the best idea to invest according to the DCA method. The DCA method plays the biggest role in buying Bitcoin from the market at any time, and the Bitcoin DCA method plays the biggest role in maintaining the investment.

The only way and means of having a successful investment in Bitcoin, is buying Bitcoin consistently and not waiting for an opportunity that we might not get, which is why the best possible way to stay ahead and having that chance of having a successful investment is by buying bitcoin on a regular basis, those who wait for Bitcoin price drops are people who are basically short term investors, no actually they’re not investors they’re just people who are traders and are most interested in having quick profits, and that is obviously a terrible way of buying bitcoin, the only key for success is buying bitcoin on a regular basis and holding for a long term period.

Of course, as long as we wait for the right time to invest, we will never be able to invest. Why are we waiting? We have no guarantee that Bitcoin can reach this level at this time, and since there is no guarantee, how can we wait without investing? This is definitely stupid and only pushing ourselves back voluntarily. We should first have a clear idea about investment, if we are thinking of buying at a low price and achieving success in a short time, then we are thinking completely wrong, and the result will only be negative, which is clearly associated with a high probability for the negative result. So first we have to change our thinking and then we have to change our strategy, if we cannot think correctly and understand the right possibilities and types of things, then we will not be able to adopt the right strategy.

[MagnificentX]

That's just it, simple and clear. You as an investor in Bitcoin, it is difficult to make major or good profit if you're focused on short term goals. If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.
Bitcoin as an asset is something that is just like a Mango Tree which takes time to fully develop. It requires patient and constant work (watering) for it to grow into what you expect from it. The same way is how you need to be patient, consistent in accumulation and focused on the future if you want to profit from Bitcoin.

Are you kidding me. Pls don't mislead newbies with those bolded statements of yours abobe. Apart from bitcoin no coin is promising in the long run.

And it is very disappointing how you personally bolded my statement and then say just the opposite of what it meant. If you can take a few minutes of the time you used to write everything you wrote and calmly read to understand my POV, you'll get it right that I have stated it clear there that Bitcoin is an asset that is designed for long term investment and it requires patient and consistency but if you don't have that patience to be there, there are other coins which you can invest in on the crypto space to earn in a short period of time.

I never said there are other coins that can give you profit on a long run but rather I said it out clearly that it is on a short period of time. Most of the new investors today are the types that immediately they buy Bitcoin, their minds and eyes are always on the price of the market and how the price movement of the Bitcoin they have in their wallet is they constantly open their wallets and even refresh it over and over because of their lack of understanding and patience. If then they have the eyes and mind to be always observant, then Bitcoin is not for their type of persons so they should just invest in other shitcoins and observe it every 10 minutes until whenever they see the price go up or down, they can sell it. But as far as you as an investor wants to invest in Bitcoin, you should know that Bitcoin on it's own is an asset built for a long term investment and it's profit comes on a long run

[Finebone]

Of course, as long as we wait for the right time to invest, we will never be able to invest. Why are we waiting? We have no guarantee that Bitcoin can reach this level at this time, and since there is no guarantee, how can we wait without investing? This is definitely stupid and only pushing ourselves back voluntarily. We should first have a clear idea about investment, if we are thinking of buying at a low price and achieving success in a short time, then we are thinking completely wrong, and the result will only be negative, which is clearly associated with a high probability for the negative result. So first we have to change our thinking and then we have to change our strategy, if we cannot think correctly and understand the right possibilities and types of things, then we will not be able to adopt the right strategy.

Waiting before buying has never been a good accumulating strategy because no one knows when the value of Bitcoin might dip, because at the point of waiting, you are likely going to miss so many buying opportunities you would have utilize to buy and accumulate some stash of bitcoin. The only reasonable way to buy the dip is by accumulating it consistently, then if the dip comes, you may decide to buy aggressively then with your reserve funds, but waiting to buy the dip when you are just starting starting your accumulation is not wise at all.

[Davidloki]

Do you understand what discretionary means is? It is simply the money that remains to a person after he has paid taxes and closed all mandatory expenses. Well, like "free" money - not for food and rent, but for something else.

And with these very "free" money you can do different things:

Pamper yourself with something not really necessary, but pleasant;

try to invest somewhere.

Now about Bitcoin. no one can control how it works and what affects it. It’s just a fact. But if you decide to invest in bitcoin - great, just do it wisely.

The main principle: invest only the money you can really afford to lose. That is, exactly those discretionary funds. No credits, no money from the "black day savings". Just calculate your capabilities, make a plan - and act. So you can start your journey in the world of bitcoin investing without any risk.

I really like the way yo break this down, your explanation on this is very easy to understand, it just shows that you have a very good understanding on how to invest in bitcoin. Like you have explained what what discretionary income means, it definitely your free money as you have put it and its really best money to use for your bitcoin investment, because you can hold it for a very long time and you are not really bothered if the price goes up or down, rather you will be more interested in the long term that you have set for yourself. This is made easy, because you have other income coming in and you can use that for other things that is need and when you have your discretionary income, you use it to accumulate more using the DCA strategy. With this mentality you can really make a good fortune in bitcoin investment when the price goes up and you will also be able to take care of your other needs  without even worry about any risk, because you are investing with your free money.

[Merit.s]

That's just it, simple and clear. You as an investor in Bitcoin, it is difficult to make major or good profit if you're focused on short term goals. If you think you can wait long or have that patience, there are surely other coins in th crypto space you can venture into which can help you make profit in a short period of time.
Bitcoin as an asset is something that is just like a Mango Tree which takes time to fully develop. It requires patient and constant work (watering) for it to grow into what you expect from it. The same way is how you need to be patient, consistent in accumulation and focused on the future if you want to profit from Bitcoin.

Are you kidding me. Pls don't mislead newbies with those bolded statements of yours abobe. Apart from bitcoin no coin is promising in the long run.

And it is very disappointing how you personally bolded my statement and then say just the opposite of what it meant. If you can take a few minutes of the time you used to write everything you wrote and calmly read to understand my POV, you'll get it right that I have stated it clear there that Bitcoin is an asset that is designed for long term investment and it requires patient and consistency but if you don't have that patience to be there, there are other coins which you can invest in on the crypto space to earn in a short period of time.

Give advice to newbies that wouldn't make them run at loss because telling them to buy shitcoins for short term profit is a wrong idea since the possibility of them making profits is 1% even though few of them were lucky to be profitable. Investment takes time to grow and you need to nurture and build an investment overtime because that's how it is and not looking for quick profit as if it's easy.

I agree with @Sim_card that investing for short term be it shitcoin/trading are all form of gambling because in the long run, you will run at loss. Newbies like you need to learn more about bitcoin and shitcoins so that you can get the proper picture into your head. What's the need of putting your money into something that cannot safe the value of your money in the long run. We are investing for the future and not because we want to be in the crypto world.

Bitcoin is a long-term investment and if not bitcoin, it can't be like bitcoin. Anyone who cannot be patient with piling up wealth for his future by investing and growing his bitcoin portfolio isn't planning well for his future when he knows about bitcoin and have the resources to invest. Shitcoin is a waste of time, energy and resources.