Buy Buy Buy or Sell Sell Sell?

[centrum]

Holding Bitcoin does not require additional money, it is possible to accumulate Bitcoin by following the Bitcoin DCA method only by adopting strategies. Those who have low income will be able to accumulate Bitcoin, so if a person accumulates extra money and wastes the opportunity to purchase Bitcoin, then he should not waste it. Because if you invest in Bitcoin with the amount of money you have, then you will definitely be successful. Because if you eliminate the extra expenses in your daily life, such as smoking money and the amount of money you spend on gambling, your investment will increase a lot.
And the more Bitcoin you are able to accumulate, the more money you will be eligible to receive benefits. So you should not waste the opportunity to purchase Bitcoin by doing the wrong thing like accumulating money.

Your re right delays in investing is bad as we might change our mind from investing in bitcoin. The longer we delay to invest in bitcoin,the more likely we will to miss good opportunities. The best time to invest in bitcoin was yesterday and another time to invest in bitcoin is today. To invest we only need discretionary.  You don't need money to hold bitcoin rather what you need is basic knowledge to buy bitcoin and transfer stash to your preferred secured wallet and hold for at least two bitcoin cycles.

bitcoin investing is not something complicated especially, if you understand it in a simple way and start step by step, when we delay investing we often change our minds and end up missing good opportunities, that is why waiting for the perfect time is not necessary starting today is usually the best choice,you do not need to buy a whole bitcoin to begin you can start with a small amount of money,the most important thing here is not money but having the right knowledge and patience, first you need to learn how to buy bitcoin and how to store it in a secure digital wallet, a wallet is a safe place where your bitcoin is protected and fully under your control, the price of bitcoin goes up and down so there is no need to panic when the price falls, if you hold it for a long time usually for several years the results are often positive, patience and long term thinking are the key principles of bitcoin investing...

[Hardyrobust]

You don't need money to hold bitcoin rather what you need is basic knowledge to buy bitcoin and transfer stash to your preferred secured wallet and hold for at least two bitcoin cycles.

What did you mean by you don't need money to hold Bitcoin? You seems to have forgotten that you will first of all buy Bitcoin before you start HODLin, and you need money to enable you make your Bitcoin purchase and that money should be taking from your discretionary income as it is not advised to invest from other funds like emergency funds or money meant for your expenses. however, holding for two cycles doesn't seem right to me,  at least 4-10 years so that it will get matured rather than waiting to sell after two years of your investment because your profit might not get matured before that time.

I don't understand why people will hold bitcoin for a decade when they know the bitcoin cycle lasts four years. If one is clever enough, one can buy at the bottom of the bear market and can sell in the bull market at the top. I know it's impossible to catch the exact top or bottom, but even if we manage to buy when everyone is fearful (extreme fear under 10) and sell when everyone is in extreme greed, we could still make good money.
However, in my case i may keep 25% of the bitcoin holding untouched even in bull / bear markets just to be on the safer side.

Are you saying those that have been holding bitcoin for more than 10yrs doesn't know what they doing?. There is nothing wrong in holding bitcoin for than 4 years. All long term investors do have a plan as of how many they plan to have accumulated and the numbers of years they plan to hold. So even if someone has been holding bitcoin for decades, it is a bad idea. Moreover it is not all investors that are holding bitcoin because of profits, some are holding bitcoin just to store or retain value while there also those that are holding it to hand it over to there next generation.

[amihada]

I don't understand why people will hold bitcoin for a decade when they know the bitcoin cycle lasts four years. If one is clever enough, one can buy at the bottom of the bear market and can sell in the bull market at the top. I know it's impossible to catch the exact top or bottom, but even if we manage to buy when everyone is fearful (extreme fear under 10) and sell when everyone is in extreme greed, we could still make good money.
However, in my case i may keep 25% of the bitcoin holding untouched even in bull / bear markets just to be on the safer side.

Are you saying those that have been holding bitcoin for more than 10yrs doesn't know what they doing?. There is nothing wrong in holding bitcoin for than 4 years. All long term investors do have a plan as of how many they plan to have accumulated and the numbers of years they plan to hold. So even if someone has been holding bitcoin for decades, it is a bad idea. Moreover it is not all investors that are holding bitcoin because of profits, some are holding bitcoin just to store or retain value while there also those that are holding it to hand it over to there next generation.

There is nothing wrong with holding Bitcoin for more than 4 years as they are trying to execute a long-term investment strategy. Every investor has different plans and goals, holding Bitcoin for the long term may be part of a broader investment. They also have different goals, risks, and strategies, so I don't think there's anything wrong with holding Bitcoin for decades, as long as it aligns with their plans and goals.

They have various reasons behind their decision to hold Bitcoin for the long term, such as better value retention compared to fiat currencies, passing it on to the next generation, and perhaps as a long-term investment with the hope that its value will increase over time. So, there is no bad idea in short-term or long-term investment as long as investors have a clear strategy and investment plan that fits their risk tolerance.

[Makus]

I don't understand why people will hold bitcoin for a decade when they know the bitcoin cycle lasts four years. If one is clever enough, one can buy at the bottom of the bear market and can sell in the bull market at the top. I know it's impossible to catch the exact top or bottom, but even if we manage to buy when everyone is fearful (extreme fear under 10) and sell when everyone is in extreme greed, we could still make good money.
However, in my case i may keep 25% of the bitcoin holding untouched even in bull / bear markets just to be on the safer side.

Of course, you can do what you like, but it does not sound like a good idea to sell your bitcoin with an expectation of buying back lower.  It is probably better to just keep buying for a cycle or two before you start to sell any, and it is always risky selling with expectations to buy back lower, especially when you already know that you are trying to build up your bitcoin stash.

It seems ongoing buying of bitcoin gives you the most assurance that your bitcoin stash is going to continue to grow rather than if you sell, then you are gambling and/or taking chances in regards to whether your bitcoin stash is going to grow or not.  That does not seem to be a way to invest in bitcoin and/or how to practice an investors way of thinking about building his investment without taking unnecessary chances with it, which seems to amount to a way to gamble with bitcoin.. which does not seem like a good idea when it comes to how to treat bitcoin.  Some folks recognize bitcoin as one of the best (if not the best) place to put time, energy and value. 

I agree with you, i don't see any reason for selling your bitcoins to buy back at a more expensive price. If you have the ability to replace the bitcoin you're willing to sell why not take out loan(assuming you dont have a reserved saving) which you can repay without having to affect your bitcoin investment within a period of time. You'll be shocked that the interest of the loan would be nothing compared to how much of buying power you'll need to put in to get to the previous bitcoin stash which you sold. Though it also depends on noormcs5 motive of investing in the first place, maybe he started off with the mindset of a trader which usually end most people in regret. It's quite unfortunate that with all the regrets flying around people still choose to have their own share rather than learning how to avoid it.

[Barikui1]

snip

If you have the ability to replace the bitcoin you're willing to sell why not take out loan(assuming you dont have a reserved saving) which you can repay without having to affect your bitcoin investment within a period of time. You'll be shocked that the interest of the loan would be nothing compared to how much of buying power you'll need to put in to get to the previous bitcoin stash which you sold.

What's the essence of selling his Bitcoin in the first place  when the said fellow is still building his stash of Bitcoin?
Or is he taking the loan to buying aggressively now?
I really do find your statement here confusing, because if the purpose of him taking a loan is to buy aggressively, since their is a dip in the market, then why will he be selling the unit of Bitcoin he has accumulated already?
A Bitcoin investor should only contemplate taking a loan to invest in Bitcoin when he has the ability to pay back from another source, and it wouldn't have any effect on his Bitcoin investment, anything other than that is unacceptable.

[As-Soon-As]

You don't need money to hold bitcoin rather what you need is basic knowledge to buy bitcoin and transfer stash to your preferred secured wallet and hold for at least two bitcoin cycles.

What did you mean by you don't need money to hold Bitcoin? You seems to have forgotten that you will first of all buy Bitcoin before you start HODLin, and you need money to enable you make your Bitcoin purchase and that money should be taking from your discretionary income as it is not advised to invest from other funds like emergency funds or money meant for your expenses. however, holding for two cycles doesn't seem right to me,  at least 4-10 years so that it will get matured rather than waiting to sell after two years of your investment because your profit might not get matured before that time.

We must first have a source of income, if we cannot earn, where is their ability to manage our investments? We must first learn to earn, because we need discretionary money to manage this investment, because here we have to hold it for the long term, and if we invest here with the necessary money, then at the time of need we may have to sell the investment forcibly, due to which we will face failure. So we have to invest with the amount of money that we can hold without any problem in the long term, those who expect short-term gains from Bitcoin will end up in failure, so patience is the real capital in Bitcoin investment.

Invest only with money that you can hold for a long time without any stress. There will be market fluctuations, but those who do not have patience and who eXpect short term profits from Bitcoin are most likely to be disappointed. The real capital in BitCoin investment is patience. Not thinking about quick pRofits, but a long term perspective is the key to success here.

It is never possible to reach the destination without a plan, so planning and patience are definitely required to participate in Bitcoin investment. In this case, if you invest in Bitcoin with prudent income, then your investment will definitely be successful, but if you participate in Bitcoin investment, it is definitely easier to succeed in Bitcoin investment by following the DCA method. However, the biggest strategy in Bitcoin investment is to sustain yourself for a long time with patience, a person can take the opportunity to buy dips from the market by investing in Bitcoin regularly.
The success of the Bitcoin market can only be achieved by adopting strategies, but if someone participates in Bitcoin investment by following these strategies and is able to survive for a long time, then Bitcoin investment will definitely be successful. Currently, there is a dip in the Bitcoin market, at this dip moment, it is best not to panic but to take the opportunity to buy Bitcoin.

[HustleZ]

I don't understand why people will hold bitcoin for a decade when they know the bitcoin cycle lasts four years. If one is clever enough, one can buy at the bottom of the bear market and can sell in the bull market at the top. I know it's impossible to catch the exact top or bottom, but even if we manage to buy when everyone is fearful (extreme fear under 10) and sell when everyone is in extreme greed, we could still make good money.
However, in my case i may keep 25% of the bitcoin holding untouched even in bull / bear markets just to be on the safer side.

This plan seems clean on paper but it assumes a level of timing skill and Discipline that no one can maintain consistently for a cycle (4years) that long. Also Bitcoin's 4 year cycle is a pattern not a Law of Nature. We can see That this time the Cycle was no obeyed and the 3rd year (2025) was in % drawdown. Think of a person who was trying to time the Market's four year cycle, what would had happened to him!??. Many people who try to sell "near the top" end up selling too early and to make up for that mistake they make more mistakes of buying it again on a higher price, this way they get "Violated". Your 25% untouched capital idea is good but by following your strategy the 75% is in more risk, so the losses in the 75% capital can't be recovered by the 25% at the side. What would be better is that you should keep 75% at the side and try to "time" the market with the 25% this way there will be less risk, and If you lose the 25% it can be easily recovered by the 75% capital.

[armanda90]

I agree with you, i don't see any reason for selling your bitcoins to buy back at a more expensive price. If you have the ability to replace the bitcoin you're willing to sell why not take out loan(assuming you dont have a reserved saving) which you can repay without having to affect your bitcoin investment within a period of time. You'll be shocked that the interest of the loan would be nothing compared to how much of buying power you'll need to put in to get to the previous bitcoin stash which you sold. Though it also depends on noormcs5 motive of investing in the first place, maybe he started off with the mindset of a trader which usually end most people in regret. It's quite unfortunate that with all the regrets flying around people still choose to have their own share rather than learning how to avoid it.

During the cryptocurrency market have drop significant I don't think good ideas for selling bitcoin investment exactly for investor who bought bitcoin above $100k, right moment nowadays buy and accumulate as much as possibility depend financial condition to buy bitcoin and I believe this great moment won't come twice. Current my financial condition not really good and salary payment receive two weeks later I am expecting will buy bitcoin right now if have saving fund because surely its moment for bitcoin have been at supported price.

The holder and top investor actually enjoying the moment of bitcoin get large correction to accumulate as much as possibility, bitcoin have drop significant and if break above $100 in the next time possibility earn more than 30% profitable and I believe that moment will come true and bitcoin will break out to the higher price.

[lizarder]

Also Bitcoin's 4 year cycle is a pattern not a Law of Nature. We can see That this time the Cycle was no obeyed and the 3rd year (2025) was in % drawdown. Think of a person who was trying to time the Market's four year cycle, what would had happened to him!??. Many people who try to sell "near the top" end up selling too early and to make up for that mistake they make more mistakes of buying it again on a higher price, this way they get "Violated". Your 25% untouched capital idea is good but by following your strategy the 75% is in more risk, so the losses in the 75% capital can't be recovered by the 25% at the side. What would be better is that you should keep 75% at the side and try to "time" the market with the 25% this way there will be less risk, and If you lose the 25% it can be easily recovered by the 75% capital.

I'm not sure such a loss would occur because it's impossible for someone with an investment plan like the one described above to sell at a lower purchase price. Instead they would sell at a higher price when they first bought and in such a situation they essentially don't lose money, but rather experience a slightly smaller profit. The idea may not be optimal because the selling percentage is higher than the holding percentage so I believe the person doesn't fully understand long-term investing.

I usually prefer to sell a small percentage to profit at each ATH and I continue to hold the remainder because I implement a long-term investment system. This is so that the profits earned can be used to repurchase Bitcoin at the current price. Although sometimes we also have other sources of capital to accumulate purchases consistently based on the strategy we implement each period or when the momentum is right.

[Gallar]

What if someone doesn't have a discretionary income? There are many people living hand to mouth and they don't have spare funds to invest in Bitcoin

Sometimes you have to make a decision. Such persons may have to cut down on their expenses to invest in Bitcoin. Sometimes they even have to not spend on something that is a necessity and save that money to DCA into bitcoin. Slowly and steadily, they can accumulate bitcoin, but again you need to have love for bitcoin, and then you will find ways to accumulate more bitcoins even if you are not that sort of person with extra funds.

The point is, if we want to invest in Bitcoin and, for example, our financial situation isn't ideal, we must first improve our financial situation. I don't think investing in Bitcoin by forcing ourselves is a good idea. Therefore, at that point, when we're truly interested in investing in Bitcoin, we must be even more enthusiastic about seeking greater income. I'm convinced that anyone can increase their income as long as they have a strong desire. I'm convinced that in this world, if we have the desire, it can be achieved. So,, for those who want to invest in Bitcoin but are still financially strapped, I hope you don't be discouraged. The bottom line is,, there's always hope if you have high ambitions and pursue them with a sincere heart. So, stay motivated and keep up the spirit of investing in Bitcoin. Bitcoin is a truly potential asset,, so we must be enthusiastic about investing in it.

You sound like a motivational speaker, lol. Is clearly simple that the right path towards starting to investing in bitcoin is to have a source of steady income which is the most ideal and not by having that much improved financial condition. An investor with a source of income no matter how small can always know what convenient percentage he can use from his salary for his bitcoin investment through the DCA strategy with a long time outline. This percentage must be his discretionary income which is different from his savings, emergency funds or reserve funds.

I think it would be completely pointless if we had a fixed income, but it was small and couldn't cover our living expenses. So, I clearly don't think a fixed income is all we need to invest in Bitcoin. It must be able to cover our needs first, and then, if there's any left over, it can be used to invest in Bitcoin. So, I don't think you understand what I'm talking about. Basically, it's almost impossible for people with low incomes to invest. To be able to invest, such people must increase their income to cover all their needs and have discretionary funds. Essentially, we need to increase our income, from a small amount to a slightly larger amount, so we can invest in Bitcoin.

[Mr_Brilliant$]

What if someone doesn't have a discretionary income? There are many people living hand to mouth and they don't have spare funds to invest in Bitcoin

If you don't have a discretionary income you don't need to invest in BTC because you can't be living your life feeding from hand to month and you think such person can be able to buy bitcoin? Bitcoin investment is never a or die thing investing with money that has not been fiqure out to be your discretionary income is gambling, in summary if you have don't a discretionary income don't go and invest in BTC instead work on how or what will generate income for you so you can figure out your discretionary income and make your investment.

The truth is that, if someone is living hand to mouth, their money is not even enough for basic needs, jumping into Bitcoin will just be gambling, not investment..  Discretionary income is the spare money after all necessities is settled, and is that kind of money that suppose to enter long term investment like BTC..

But if a person can still pull a small discretionary income maybe few couple of bucks, that that is a different case.. If they can discipline themselves, not touching it, and DCA little by little, it is still better than using that same money for things that has no value.. The key thing is discipline and clear priority..

For me it is wise to first secure your cash flow, even if it is not the perfect one yet, then know what your needs and wants are. Once that is done, even if it is just small amount that remain, you can then start Bitcoin journey gradually..

[MusaPk]

What's the essence of selling his Bitcoin in the first place  when the said fellow is still building his stash of Bitcoin?
Or is he taking the loan to buying aggressively now?
I really do find your statement here confusing, because if the purpose of him taking a loan is to buy aggressively, since their is a dip in the market, then why will he be selling the unit of Bitcoin he has accumulated already?
A Bitcoin investor should only contemplate taking a loan to invest in Bitcoin when he has the ability to pay back from another source, and it wouldn't have any effect on his Bitcoin investment, anything other than that is unacceptable.

If you are taking a loan then you need to understand that you have to repay it on time with proper interest otherwise you have to pay late fee also along with interest. Imagine a person condition, who has taken a loan to buy Bitcoin when its price was at 90,000$. Price has gone down to $78,000 and we are not sure how long it will take the price to recover. No doubt the current price is ideal for buying but don't go for loan just to buy bitcoin. Bitcoin investment is long term while loan has its own limitations i.e. you have to return it till certain date with interest.    

[Sulegzy39]

Holding Bitcoin does not require additional money, it is possible to accumulate Bitcoin by following the Bitcoin DCA method only by adopting strategies. Those who have low income will be able to accumulate Bitcoin, so if a person accumulates extra money and wastes the opportunity to purchase Bitcoin, then he should not waste it. Because if you invest in Bitcoin with the amount of money you have, then you will definitely be successful. Because if you eliminate the extra expenses in your daily life, such as smoking money and the amount of money you spend on gambling, your investment will increase a lot.
And the more Bitcoin you are able to accumulate, the more money you will be eligible to receive benefits. So you should not waste the opportunity to purchase Bitcoin by doing the wrong thing like accumulating money.

Your re right delays in investing is bad as we might change our mind from investing in bitcoin. The longer we delay to invest in bitcoin,the more likely we will to miss good opportunities. The best time to invest in bitcoin was yesterday and another time to invest in bitcoin is today. To invest we only need discretionary.  You don't need money to hold bitcoin rather what you need is basic knowledge to buy bitcoin and transfer stash to your preferred secured wallet and hold for at least two bitcoin cycles.

bitcoin investing is not something complicated especially, if you understand it in a simple way and start step by step, when we delay investing we often change our minds and end up missing good opportunities, that is why waiting for the perfect time is not necessary starting today is usually the best choice,you do not need to buy a whole bitcoin to begin you can start with a small amount of money,the most important thing here is not money but having the right knowledge and patience, first you need to learn how to buy bitcoin and how to store it in a secure digital wallet, a wallet is a safe place where your bitcoin is protected and fully under your control, the price of bitcoin goes up and down so there is no need to panic when the price falls, if you hold it for a long time usually for several years the results are often positive, patience and long term thinking are the key principles of bitcoin investing...

Frequently change our minds and end up missing good opportunities, that is why waiting for the perfect time is not necessary, starting today is usually the best choice. You do not need to buy a whole bitcoin to begin, you can start with a small amount of money. We constantly change our minds and miss out on fantastic opportunities, so waiting for the perfect time is unnecessary; starting today is typically the best option. You do not need to purchase a whole bitcoin to begin; you can start with a modest quantity of money. people did not believe it from the start, but we should learn how to believe some of the things we see people doing to become successful, even if it is just a small amount of money to see the results.

[IceLincoln]

An investor with short term target actually will buy bitcoin depend on the right moment exactly at down trend and selling later at the uptrend, get the opportunity buy bitcoin during the decrease moment and patience waiting when bitcoin have lower price.

And which moment did you think it's right for you to invest? Because majority of These investors who are into short term investment find it hard to figure out the right moment to make their entry, take for instance when the price of Bitcoin is at $85k, they might not see this as an opportunity reason been that they have this strong believe that the price will still fall below that amount, then they will just skip that amount and start expecting something lower than that, and that's how they will keep procrastinating until they miss the whole opportunities. To me the best approach is buying regularly without considering the market value of Bitcoin this is better off than  waiting  for a buying opportunity that would come and you start contemplating if you're to buy from the first dip or the second.

The problem with traders who target short term positions to make gains isn’t just about timing the market, these people experience a high level of mental stress from all the calculations and anticipations, from the losses cause they don’t always end in profits, some missed opportunities. This kind of stress can even affect your daily life outputs cause there’s no peace of mind.
This is why it’s not always to chase short term goals but humans are humans, some will always want to have their own experience.

[sotelorene]

What if someone doesn't have a discretionary income? There are many people living hand to mouth and they don't have spare funds to invest in Bitcoin

Sometimes you have to make a decision. Such persons may have to cut down on their expenses to invest in Bitcoin. Sometimes they even have to not spend on something that is a necessity and save that money to DCA into bitcoin. Slowly and steadily, they can accumulate bitcoin, but again you need to have love for bitcoin, and then you will find ways to accumulate more bitcoins even if you are not that sort of person with extra funds.

The point is, if we want to invest in Bitcoin and, for example, our financial situation isn't ideal, we must first improve our financial situation. I don't think investing in Bitcoin by forcing ourselves is a good idea. Therefore, at that point, when we're truly interested in investing in Bitcoin, we must be even more enthusiastic about seeking greater income. I'm convinced that anyone can increase their income as long as they have a strong desire. I'm convinced that in this world, if we have the desire, it can be achieved. So,, for those who want to invest in Bitcoin but are still financially strapped, I hope you don't be discouraged. The bottom line is,, there's always hope if you have high ambitions and pursue them with a sincere heart. So, stay motivated and keep up the spirit of investing in Bitcoin. Bitcoin is a truly potential asset,, so we must be enthusiastic about investing in it.

You sound like a motivational speaker, lol. Is clearly simple that the right path towards starting to investing in bitcoin is to have a source of steady income which is the most ideal and not by having that much improved financial condition. An investor with a source of income no matter how small can always know what convenient percentage he can use from his salary for his bitcoin investment through the DCA strategy with a long time outline. This percentage must be his discretionary income which is different from his savings, emergency funds or reserve funds.

I think it would be completely pointless if we had a fixed income, but it was small and couldn't cover our living expenses. So, I clearly don't think a fixed income is all we need to invest in Bitcoin. It must be able to cover our needs first, and then, if there's any left over, it can be used to invest in Bitcoin. So, I don't think you understand what I'm talking about. Basically, it's almost impossible for people with low incomes to invest. To be able to invest, such people must increase their income to cover all their needs and have discretionary funds. Essentially, we need to increase our income, from a small amount to a slightly larger amount, so we can invest in Bitcoin.

Having small amount of money or income doesn't or won't deprive someone from investing in Bitcoin because what we need is just a discrestionary and may I inform you that discretionary income can also come out from a small income or money provided the needs are not cumbersome to consume the income and secondly it is not mandatory or a must that an investor should increase their income before they can start investing, there are people with huge amount and yet they are not investing though if someone has the opportunity to increase... it's also fine but it is not a must or a criteria because only discretionary income is necessary.

[Xackie]

What's the essence of selling his Bitcoin in the first place  when the said fellow is still building his stash of Bitcoin?
Or is he taking the loan to buying aggressively now?
I really do find your statement here confusing, because if the purpose of him taking a loan is to buy aggressively, since their is a dip in the market, then why will he be selling the unit of Bitcoin he has accumulated already?
A Bitcoin investor should only contemplate taking a loan to invest in Bitcoin when he has the ability to pay back from another source, and it wouldn't have any effect on his Bitcoin investment, anything other than that is unacceptable.

If you are taking a loan then you need to understand that you have to repay it on time with proper interest otherwise you have to pay late fee also along with interest. Imagine a person condition, who has taken a loan to buy Bitcoin when its price was at 90,000$. Price has gone down to $78,000 and we are not sure how long it will take the price to recover. No doubt the current price is ideal for buying but don't go for loan just to buy bitcoin. Bitcoin investment is long term while loan has its own limitations i.e. you have to return it till certain date with interest.    

This is why I don't like the idea of taking loan to invest in Bitcoin because loan itself as its own due date to pay back, that means you will have to depend on the Bitcoin upward movement before you can see profit to payback your loan. Now that Bitcoin is currently in bearish momentum, fear pushes people to sell at a loss just to meet repayment. That turns investment into gambling.  if you don't have the money yet to invest in Bitcoin, find possible means to generate income, then you can take out spare money out of it to invest, because Bitcoin isn't running anywhere, so there's no need to be rushing due FOMO. That will make you to make wrong decisions.

[Obulis]

snip

If you have the ability to replace the bitcoin you're willing to sell why not take out loan(assuming you dont have a reserved saving) which you can repay without having to affect your bitcoin investment within a period of time. You'll be shocked that the interest of the loan would be nothing compared to how much of buying power you'll need to put in to get to the previous bitcoin stash which you sold.

What's the essence of selling his Bitcoin in the first place  when the said fellow is still building his stash of Bitcoin?
Or is he taking the loan to buying aggressively now?
I really do find your statement here confusing, because if the purpose of him taking a loan is to buy aggressively, since their is a dip in the market, then why will he be selling the unit of Bitcoin he has accumulated already?
A Bitcoin investor should only contemplate taking a loan to invest in Bitcoin when he has the ability to pay back from another source, and it wouldn't have any effect on his Bitcoin investment, anything other than that is unacceptable.

The confusion is real! Like why sell your Bitcoin and replace it later with loan? If it's to settle any emergency or whatever, then why the loan to replace sold Bitcoin? Because the best response would have been to go take loan and leave already accumulated Bitcoin busy gathering more momentum overtime.
Selling accumulated Bitcoin and then taking loan to replace it seems uneconomical. Honestly if someone has what it takes to repay loan, that's fine and taking loan under such condition to aggressively buy if they meet or love waiting for dip, that can go, but it is not economical to sell already existing Bitcoin and then take loan to replace it.

[POPOLUV]

Holding Bitcoin does not require additional money, it is possible to accumulate Bitcoin by following the Bitcoin DCA method only by adopting strategies. Those who have low income will be able to accumulate Bitcoin, so if a person accumulates extra money and wastes the opportunity to purchase Bitcoin, then he should not waste it. Because if you invest in Bitcoin with the amount of money you have, then you will definitely be successful. Because if you eliminate the extra expenses in your daily life, such as smoking money and the amount of money you spend on gambling, your investment will increase a lot.
And the more Bitcoin you are able to accumulate, the more money you will be eligible to receive benefits. So you should not waste the opportunity to purchase Bitcoin by doing the wrong thing like accumulating money.

Your re right delays in investing is bad as we might change our mind from investing in bitcoin. The longer we delay to invest in bitcoin,the more likely we will to miss good opportunities. The best time to invest in bitcoin was yesterday and another time to invest in bitcoin is today. To invest we only need discretionary.  You don't need money to hold bitcoin rather what you need is basic knowledge to buy bitcoin and transfer stash to your preferred secured wallet and hold for at least two bitcoin cycles.

I will said that those investors that have discretionary income yet delays in  buying Bitcoin even with the knowledge that market opportunities is not what any investors should missed in case if the bull market finally happen, are the gamblers which their focus is being placed only on the monitoring of the fluctuation of Bitcoin price in the parallel to know the best time to buy and to trade out their Bitcoin within a short period of time, which the benefits can't compare to when you placed your target on buying and accumulating aggressively as you can with your discretionary always their for you to invest in a long time run.

[clifaduna]

You don't need money to hold bitcoin rather what you need is basic knowledge to buy bitcoin and transfer stash to your preferred secured wallet and hold for at least two bitcoin cycles.

What did you mean by you don't need money to hold Bitcoin? You seems to have forgotten that you will first of all buy Bitcoin before you start HODLin, and you need money to enable you make your Bitcoin purchase and that money should be taking from your discretionary income as it is not advised to invest from other funds like emergency funds or money meant for your expenses. however, holding for two cycles doesn't seem right to me,  at least 4-10 years so that it will get matured rather than waiting to sell after two years of your investment because your profit might not get matured before that time.

I don't understand why people will hold bitcoin for a decade when they know the bitcoin cycle lasts four years. If one is clever enough, one can buy at the bottom of the bear market and can sell in the bull market at the top. I know it's impossible to catch the exact top or bottom, but even if we manage to buy when everyone is fearful (extreme fear under 10) and sell when everyone is in extreme greed, we could still make good money.
However, in my case i may keep 25% of the bitcoin holding untouched even in bull / bear markets just to be on the safer side.

Are you saying those that have been holding bitcoin for more than 10yrs doesn't know what they doing?. There is nothing wrong in holding bitcoin for than 4 years. All long term investors do have a plan as of how many they plan to have accumulated and the numbers of years they plan to hold. So even if someone has been holding bitcoin for decades, it is a bad idea. Moreover it is not all investors that are holding bitcoin because of profits, some are holding bitcoin just to store or retain value while there also those that are holding it to hand it over to there next generation.

Many people think that since investments are longterm, it means that they have been put down and forgotten for decades. And then suddenly you need money, and that's it, a dead end. But this is not the case at all!

If you imagine that investing is not a goal of life but an assistant. You don't live for them, but they work for you. That's the point.

If you approach business with your head, long-term investments really make life easier.

Ideally, your investments should be like a reliable reserve for a rainy day. Yes, you invest for a long time, but you also know that if something unexpected happens, you can use the money.

In short, the goal is not to bury money for half a century. The goal is to create a financial foundation that will support you all your life and help you out in difficult times. Now is the perfect time to buy. Investments today, even of a small amount, can eventually be a pleasant profit.

[Razmirraz]

Snip.

This is why I don't like the idea of taking loan to invest in Bitcoin because loan itself as its own due date to pay back, that means you will have to depend on the Bitcoin upward movement before you can see profit to payback your loan. Now that Bitcoin is currently in bearish momentum, fear pushes people to sell at a loss just to meet repayment. That turns investment into gambling.  if you don't have the money yet to invest in Bitcoin, find possible means to generate income, then you can take out spare money out of it to invest, because Bitcoin isn't running anywhere, so there's no need to be rushing due FOMO. That will make you to make wrong decisions.

Taking out a loan to invest in Bitcoin is a very risky action, especially when the Bitcoin price is in a bearish situation, you have to repay the loan when it is due plus interest, the pressure that arises to repay the loan can make you make the wrong decision and sell at a loss. This kind of investor mindset will create fear for other people who want to start investing because they are faced with the losses you experience due to investing with financial resources that you cannot bear the risk of.

Investing using borrowed money will make investors very dependent on the increase in Bitcoin's price to be able to repay the loan, if the value does not move as expected, then the risk of loss is very large. It is best to avoid investing in Bitcoin using borrowed money as it can turn investing into gambling. Always use the remaining or unneeded money for other needs to prevent financial stress and don't rush into action because of FOMO, always take advantage of opportunities when the financial situation is supportive by using the DCA strategy so you can always make the right decisions in investing.