Buy Buy Buy or Sell Sell Sell?

[Princess Leah]

It all comes back to individual responsibility. If someone is ready to take responsibility for it, I think they can take a loan to invest as long as they can repay the loan without disturbing the long-term Bitcoin investment they have set. However, if they cannot be responsible, they will face big problems and the investment will certainly be affected. So, considering all these risks, I think it is better not to take a loan to invest; it is better for us to invest according to our own capabilities.

Things like taking a loan to invest in Bitcoin doesn't happens regularly, it's something most Bitcoin investors does in other to front load their Bitcoin investment, just because they wanted to seize an amazing buying opportunities that may be available in the market.
I don't see taking a loan to front load your Bitcoin investment as a bad idea if you can easily pay it back from another source. Where the problem is, is relying on your Bitcoin investment to pay back the loan, that's what is terribly bad. So what am trying to say is that if your ability to pay back the loan doesn't depends on the final outcome of your Bitcoin investment, I don't see it as a bad thing because you can repay it from your other investment or your paycheck when the time of paying back the loan has come.

You made a point, but to avoid disappointment like in a case where the source you're relying on to pay the debt doesn't work as expected, it's better to not buy than to be in debt cause you want to seize a buying opportunity. I expect that someone going into Bitcoin investment should already have something doing that fetch them income and won't warrant them to be in debt just to seize a buying opportunity.

 Bitcoin is volatile, therefore there would be lots of buying opportunities on the long run so someone that has income and is doing the DCA would definitely encounter several buying opportunities. It's more preferable with that approach than taking loan, which might likely be an issue for the investor.

[ChocolateBitcoinK]

It all comes back to individual responsibility. If someone is ready to take responsibility for it, I think they can take a loan to invest as long as they can repay the loan without disturbing the long-term Bitcoin investment they have set. However, if they cannot be responsible, they will face big problems and the investment will certainly be affected. So, considering all these risks, I think it is better not to take a loan to invest; it is better for us to invest according to our own capabilities.

Things like taking a loan to invest in Bitcoin doesn't happens regularly, it's something most Bitcoin investors does in other to front load their Bitcoin investment, just because they wanted to seize an amazing buying opportunities that may be available in the market.
I don't see taking a loan to front load your Bitcoin investment as a bad idea if you can easily pay it back from another source. Where the problem is, is relying on your Bitcoin investment to pay back the loan, that's what is terribly bad. So what am trying to say is that if your ability to pay back the loan doesn't depends on the final outcome of your Bitcoin investment, I don't see it as a bad thing because you can repay it from your other investment or your paycheck when the time of paying back the loan has come.

You made a point, but to avoid disappointment like in a case where the source you're relying on to pay the debt doesn't work as expected, it's better to not buy than to be in debt cause you want to seize a buying opportunity. I expect that someone going into Bitcoin investment should already have something doing that fetch them income and won't warrant them to be in debt just to seize a buying opportunity.

 Bitcoin is volatile, therefore there would be lots of buying opportunities on the long run so someone that has income and is doing the DCA would definitely encounter several buying opportunities. It's more preferable with that approach than taking loan, which might likely be an issue for the investor.

We should always avoid borrowing as much as possible, investing with debt is not wrong, but it is better to try to avoid it as much as possible. Being in debt all the time can lead to frustration and financial stress for investors in the long run, because when they invest by borrowing, they will have a lot of expectations of success, but when they see instability, their panic will also be much higher than normal, Overall, this could impact the stability of our long-term journey. that is why we should never invest by borrowing with excessive risk unless necessary, it is better to do DCA according to our ability, this can yield quite good results in the long run.

[PhilosopherKing]

this is a personal decision because everyone’s life situation is different, many people believe that at a young age it is better to start investing before buying a house, at this stage income is usually lower and there is more opportunity for income to grow in the future, so if someone invests early in something that can increase in value over the long term it can lead to much greater financial benefit later, many people see bitcoin as a long term investment because its price has increased over time although it also involves risk,on the other hand living in a rented place does not mean wasting money, if someone pays rent while also investing regularly then in the future the profit from those investments can easily cover the cost of rent, this can increase the chance of financial freedom and later it may be possible to buy a house using those savings...

I think youth is a very worthy time to invest because sometimes our health is not necessarily the same in the future.

I don't think you lot should be tying investment to age. The worthiest time to invest in when you have a discretionary income to use. It makes no difference if you are young or old, without cash you can't invest, simple.

Young fellas fall sick, lose their jobs, and drown theirselfs in responsibilities just like the old fellas. So you see why it is completely pointless for people to act like youthly age makes them better in investing than the old.

[ruykeri]

I think youth is a very worthy time to invest because sometimes our health is not necessarily the same in the future. So it's very worthwhile to use it when we have the results they receive at work. When our lives are weak and our health is weak it is certainly very difficult to develop existing skills or knowledge. Each of us.

I personally strongly support young people investing at a young age especially if they have a monthly income that exceeds their expectations. This is the right move in my opinion as a young person who still has plenty of time to accumulate investment returns.
While our lifespan is sometimes unpredictable as long as there's time to continue doing so continue investing and use your youth to work with a goal in mind even if we invest small amounts we still save some even if it's investing in Bitcoin which will become an asset for our future when we get older.

No matter what age one starts investing in Bitcoin, the most important thing is that he should invest with discretionary income. If he does not have discretionary income, then whether he is young or old, he should not hope to invest in Bitcoin. However, there are many advantages to investing at a young age. If you invest at a young age, you will have enough time and you will have more time to earn income. Because as you get older, the pressure to move from accumulation to withdrawal increases faster. That is why you should first understand your discretionary income and the system should be such that the market does not force you to break Bitcoin in bad times. As a result, before you get old, you will have the possibility of creating a position where you will get financial security through Bitcoin until the last day of your life without working.

[HustleZ]

No matter what age one starts investing in Bitcoin, the most important thing is that he should invest with discretionary income. If he does not have discretionary income, then whether he is young or old, he should not hope to invest in Bitcoin. However, there are many advantages to investing at a young age. If you invest at a young age, you will have enough time and you will have more time to earn income. Because as you get older, the pressure to move from accumulation to withdrawal increases faster. That is why you should first understand your discretionary income and the system should be such that the market does not force you to break Bitcoin in bad times. As a result, before you get old, you will have the possibility of creating a position where you will get financial security through Bitcoin until the last day of your life without working.

I think its Variable when one starts to Invest. When a person Starts Investing young he has a Bigger margin of Error, He can make Mistakes because he has Time, while In contrast A person Investing at an old Age might have the pressure of their Family, His Inability to make errors and Other Factors. But one Thing to Note is that Old Age Must not stop us from Investing in Bitcoin. Sure Young people have a More time to have exposure in the Market But What old people have is maturity, They have the Ability to Hold when things get rough, they are disciplined as they are more experienced. Overall IMO young People have more time to be in the Market while Old folks Have the Money and Discipline to Account for that.

[cyberninja2]

No matter what age one starts investing in Bitcoin, the most important thing is that he should invest with discretionary income. If he does not have discretionary income, then whether he is young or old, he should not hope to invest in Bitcoin. However, there are many advantages to investing at a young age. If you invest at a young age, you will have enough time and you will have more time to earn income. Because as you get older, the pressure to move from accumulation to withdrawal increases faster. That is why you should first understand your discretionary income and the system should be such that the market does not force you to break Bitcoin in bad times. As a result, before you get old, you will have the possibility of creating a position where you will get financial security through Bitcoin until the last day of your life without working.

I can't deny this answer, but in my opinion, the optimal investment period at a young age, coupled with sufficient income to cover daily needs or even more, is what I mean by young people preparing for old age. The advantage for young people lies in their longevity, and this doesn't mean older people don't have long-term opportunities. However, their needs will increase day by day, as our income is limited by the availability of daily household necessities.

There's no problem for anyone investing in Bitcoin, as this forum is aimed at the general public, not individuals. Therefore, I believe anyone with sufficient financial resources should accumulate BTC using the DCA method, as it will be an asset that will provide substantial returns for years to come. If you have an income that exceeds your needs at a young age, continue accumulating Bitcoin for your later years, where you will enjoy the fruits of your hard work for years to come.

[ZeroVinsonN]

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.

Is bitcoin investment not risky or is it borrowing money to invest in it that made it to be risky? There is nothing wrong taking a loan to invest in BTC provided your options to pay back is not from your BTC investment, bitcoin is a long time investment moreover the due date of a borrowed money maximum can be 3 months it's only wrong if your option to back is from your bitcoin investment. But if you borrow with the plan that even though bitcoin do well or not you will surely pay back your loan with out depending our your bitcoin investment or selling to your bitcoin to pay back then it's definitely not bad or wrong.

Anyone who is taking loan to pay back with their Bitcoin investment is not an investor but a trader because you are using your investment as leverage which is very wrong and folks who is serious with Bitcoin investment will never do such rather they will do that with alternative plans to pay back the money without touching their investment because touching our investment when we have not reach overaccumulation stage won't worth it and one reason it is not good to touch our investment is that, the moment we touched it, we will be tempted again to touch and before you know what is happening it has become a habit.

You can still invest in bitcoin with loan, you just have to be smart about it, if you don't already have a source of income that can pay back that loan then you shouldn't even be bothered with borrowing, the misconception here is that people think that if they borrow to invest in bitcoin then that have to pay back the loan from their bitcoin profit but that's not the case at all, you can either have a business that earns you money or your are a salary earner, either way you have a source of income with which you can pay back the loan with and then there is also the issue of how long you have to pay back the loan and that can range from months to even a year, you can use a loan to take advantage of a dip and pay back even in installments while your bitcoin grows for you.

[Showlove01]

this is a personal decision because everyone’s life situation is different, many people believe that at a young age it is better to start investing before buying a house, at this stage income is usually lower and there is more opportunity for income to grow in the future, so if someone invests early in something that can increase in value over the long term it can lead to much greater financial benefit later, many people see bitcoin as a long term investment because its price has increased over time although it also involves risk,on the other hand living in a rented place does not mean wasting money, if someone pays rent while also investing regularly then in the future the profit from those investments can easily cover the cost of rent, this can increase the chance of financial freedom and later it may be possible to buy a house using those savings...

I think youth is a very worthy time to invest because sometimes our health is not necessarily the same in the future.

I don't think you lot should be tying investment to age. The worthiest time to invest in when you have a discretionary income to use. It makes no difference if you are young or old, without cash you can't invest, simple.

Young fellas fall sick, lose their jobs, and drown theirselfs in responsibilities just like the old fellas. So you see why it is completely pointless for people to act like youthly age makes them better in investing than the old.

You are right to some extent but the way someone will strive and invest when they are young and the way they will invest when they have aged won't be the same thing. Youthful age is the best time and age someone should set and work out everything and then the old age will be for relaxing and enjoying all you have worked for. You can not waste your youthful age and then be looking on how to invest in Bitcoin at old age that is really insane there is always a difference because there is a point we grow, our strength will began to fade away.

[Sim_card]

You are right to some extent but the way someone will strive and invest when they are young and the way they will invest when they have aged won't be the same thing. Youthful age is the best time and age someone should set and work out everything and then the old age will be for relaxing and enjoying all you have worked for. You can not waste your youthful age and then be looking on how to invest in Bitcoin at old age that is really insane there is always a difference because there is a point we grow, our strength will began to fade away.

You can start investing in bitcoin the moment you have made up your mind to give it a shot and have your discretionary income be it old or young age. It's better to be part of the bitcoin community even if it's for just two circles because of old age than neglecting it with age excuses.

However, a young investor has enough time to build and grow his bitcoin investment over time even with making mistakes and correcting himself in the process compared to someone close to 55 years and above. This is why we need to keep growing and building your bitcoin portfolio ongoing in order to accumulate a good size and hodli before old age. Bitcoin is a future investment.

[Cossyblack]

We should always avoid borrowing as much as possible, investing with debt is not wrong, but it is better to try to avoid it as much as possible. Being in debt all the time can lead to frustration and financial stress for investors in the long run, because when they invest by borrowing, they will have a lot of expectations of success, but when they see instability, their panic will also be much higher than normal, Overall, this could impact the stability of our long-term journey. that is why we should never invest by borrowing with excessive risk unless necessary, it is better to do DCA according to our ability, this can yield quite good results in the long run.

Borrowing money to invest in bitcoin is a personal decision, what looks like a bad idea for one person may not look bad to another person. As for me taking a loan to invest in bitcoin is not a bad idea if you're not repaying the loan using profits generated from your bitcoin investment. If you have an alternative source of income to repay the loan then you won't put have to panic when prices starts fluctuating. An investors who rely on his bitcoin profits to repay his loan would extremely panic when prices start swinging. Investors should have more one reliable alternative source to repay their loans they wouldn't panicked or under pressure to sell even if prices starts swinging.

[liuka]

You can still invest in bitcoin with loan, you just have to be smart about it, if you don't already have a source of income that can pay back that loan then you shouldn't even be bothered with borrowing, the misconception here is that people think that if they borrow to invest in bitcoin then that have to pay back the loan from their bitcoin profit but that's not the case at all, you can either have a business that earns you money or your are a salary earner, either way you have a source of income with which you can pay back the loan with and then there is also the issue of how long you have to pay back the loan and that can range from months to even a year, you can use a loan to take advantage of a dip and pay back even in installments while your bitcoin grows for you.

As the saying goes “There is more than one way to do something”, the most important thing is to be ready and able to pay the loan without affecting your general expenses, the idea is to use the loan to buy bitcoin during bearish moments which means you will get more bitcoin, and after that focus on paying the loan and realize that your job / salary can indeed cover it, just maintain health until the loan is paid off, while continuing to do DCA as usual, although it might be a little disturbed because there is another burden, namely the loan.  The disadvantage is in terms of interest on the loan, but if the comparison is that the debt is paid off in 1 year, it is likely that the interest can still be offset by the profit from the increase in the price of Bitcoin, if not, it doesn't matter because the goal is long-term, after all that ends and goes according to plan then refocus on the initial DCA.
But of course don't force it, because even though on paper it is theoretically easy, in practice it can be difficult. The point is not to interfere with your needs and have a stable income for the next few years.

[Jamestown70]

You can still invest in bitcoin with loan, you just have to be smart about it, if you don't already have a source of income that can pay back that loan then you shouldn't even be bothered with borrowing, the misconception here is that people think that if they borrow to invest in bitcoin then that have to pay back the loan from their bitcoin profit but that's not the case at all, you can either have a business that earns you money or your are a salary earner, either way you have a source of income with which you can pay back the loan with and then there is also the issue of how long you have to pay back the loan and that can range from months to even a year, you can use a loan to take advantage of a dip and pay back even in installments while your bitcoin grows for you.

You have to understand that bitcoin doesn’t pay desperation. You can never predict the future, what if that price you thought was the dip was just a mere starting point of the dip and you took a loan to buy it, so if bitcoin should dip again after you’ve gotten your assumed dip, will you take another loan again to still buy the Dip?. If you’re preparing for the dip, you prepare ahead of time, if you’re intentional about Buying Bitcoin dip then before the dip, you cut down your expanses and save up for the dip before time. I won’t suggest you cut down the amount you’ve been allocating to buy bitcoin on weekly basis because it will reduce your Bitcoin accumulation pace.

How do you intend to offset the loan if I may ask?. The money you’re allocating for your expanses, savings, emergency and investment, which do you want to cut down while paying on installment as you’ve said. What if an emergency comes up while you’re trying to offset the loan, how do you cope, all this will just lead to unnecessary pressure and might even lead you to liquidate the Bitcoin Dip you’ve taken a loan for. It’s better you don’t take a loan to invest in Bitcoin rather stick to your regular DCA with consistency and persistency if you really want to buy the dip, you save up before then.

[Sonia_123]

this is a personal decision because everyone’s life situation is different, many people believe that at a young age it is better to start investing before buying a house, at this stage income is usually lower and there is more opportunity for income to grow in the future, so if someone invests early in something that can increase in value over the long term it can lead to much greater financial benefit later, many people see bitcoin as a long term investment because its price has increased over time although it also involves risk,on the other hand living in a rented place does not mean wasting money, if someone pays rent while also investing regularly then in the future the profit from those investments can easily cover the cost of rent, this can increase the chance of financial freedom and later it may be possible to buy a house using those savings...

I think youth is a very worthy time to invest because sometimes our health is not necessarily the same in the future.

I don't think you lot should be tying investment to age. The worthiest time to invest in when you have a discretionary income to use. It makes no difference if you are young or old, without cash you can't invest, simple.

Young fellas fall sick, lose their jobs, and drown theirselfs in responsibilities just like the old fellas. So you see why it is completely pointless for people to act like youthly age makes them better in investing than the old.

Seems a bit confused, I don't really understand what you are talking about, bitcoin investment is meant for both the old and the young .

As a Youth, you can invest for your future while the Older ones invest for their children, grand children and their generation to come.

What will be more valuable to you using your discretionary income to buy if not bitcoin investment that will be profitable to you by gradually investing those discretionary income for your future, than buying ice cream, shoes, clothes or cigarettes, just for a moment pleasure that will fade away, if you feel they are more important than investing in bitcoin, then go ahead, but the person that chooses bitcoin investment over ice cream, shoes and others will be building a strong financial future for himself and his generation.

Remember that discretionary income is the leftovers from your income after all your monthly expenses have being made .

[Father111]

It all comes back to individual responsibility. If someone is ready to take responsibility for it, I think they can take a loan to invest as long as they can repay the loan without disturbing the long-term Bitcoin investment they have set. However, if they cannot be responsible, they will face big problems and the investment will certainly be affected. So, considering all these risks, I think it is better not to take a loan to invest; it is better for us to invest according to our own capabilities.

Things like taking a loan to invest in Bitcoin doesn't happens regularly, it's something most Bitcoin investors does in other to front load their Bitcoin investment, just because they wanted to seize an amazing buying opportunities that may be available in the market.
I don't see taking a loan to front load your Bitcoin investment as a bad idea if you can easily pay it back from another source. Where the problem is, is relying on your Bitcoin investment to pay back the loan, that's what is terribly bad. So what am trying to say is that if your ability to pay back the loan doesn't depends on the final outcome of your Bitcoin investment, I don't see it as a bad thing because you can repay it from your other investment or your paycheck when the time of paying back the loan has come.

You made a point, but to avoid disappointment like in a case where the source you're relying on to pay the debt doesn't work as expected, it's better to not buy than to be in debt cause you want to seize a buying opportunity. I expect that someone going into Bitcoin investment should already have something doing that fetch them income and won't warrant them to be in debt just to seize a buying opportunity.

 Bitcoin is volatile, therefore there would be lots of buying opportunities on the long run so someone that has income and is doing the DCA would definitely encounter several buying opportunities. It's more preferable with that approach than taking loan, which might likely be an issue for the investor.

We should always avoid borrowing as much as possible, investing with debt is not wrong, but it is better to try to avoid it as much as possible. Being in debt all the time can lead to frustration and financial stress for investors in the long run, because when they invest by borrowing, they will have a lot of expectations of success, but when they see instability, their panic will also be much higher than normal, Overall, this could impact the stability of our long-term journey. that is why we should never invest by borrowing with excessive risk unless necessary, it is better to do DCA according to our ability, this can yield quite good results in the long run.


Borrowing to invest aggressively in Bitcoin by a multiple streams of income investors when a dip occurs is not entirely wrong because such an individual has a good financial management skills, first by diversifying into different portfolios which the individual can use to finance the loan in order to avoid depending on the immediate profit of Bitcoin on the short run however to a newbie it is not advisable for numbers of factors like poor financial knowledge, total dependence on his Bitcoin profits to service the loan there by forfeiting the purpose of investing in Bitcoin in the first place.

[Silikiem]

No matter what age one starts investing in Bitcoin, the most important thing is that he should invest with discretionary income. If he does not have discretionary income, then whether he is young or old, he should not hope to invest in Bitcoin. However, there are many advantages to investing at a young age. If you invest at a young age, you will have enough time and you will have more time to earn income. Because as you get older, the pressure to move from accumulation to withdrawal increases faster. That is why you should first understand your discretionary income and the system should be such that the market does not force you to break Bitcoin in bad times. As a result, before you get old, you will have the possibility of creating a position where you will get financial security through Bitcoin until the last day of your life without working.

I think its Variable when one starts to Invest. When a person Starts Investing young he has a Bigger margin of Error, He can make Mistakes because he has Time, while In contrast A person Investing at an old Age might have the pressure of their Family, His Inability to make errors and Other Factors. But one Thing to Note is that Old Age Must not stop us from Investing in Bitcoin. Sure Young people have a More time to have exposure in the Market But What old people have is maturity, They have the Ability to Hold when things get rough, they are disciplined as they are more experienced. Overall IMO young People have more time to be in the Market while Old folks Have the Money and Discipline to Account for that.

If you’re in any way trying to use individuals age differences as a tool to use in determining who makes mistakes while investing In bitcoin or who have the ability to hold bitcoin or not when things gets rough as a long term investor then I think you’re wrong. If you’re talking about people’s level of experience In bitcoin investment then the issue of age differences weather younger or older doesn’t really comes to play here in this regard but rather it should be based on who’s been in the game earlier and have been buying and investing and not really the age difference of both of them. You cannot compare the experience and understanding of a young man of let’s say 20 years now who’s been  buying and investing in bitcoin since he was 15, and a man who is 50 years now and just started buying and investing In bitcoin, there’s no way the old man’s experience, understanding and holding ability of  bitcoin will surpass that of the young lad because this young lad has been in the game and have seen many upsurge and downturn of bitcoin price movement.

Ability to hold bitcoin isn’t just all about age, it’s more of investing with the right mindset and approach knowing fully well that bitcoin is a long term investment and consistency, patience is key while applying the other fundamentals of investing only with a discretionary income and building up an emergency funds to to help you in time of emergency situations so that you don’t always Tend towards selling your bitcoin investment when in an emergency situation of cash to sort out oneself

[B2Z]

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.

In response to the question of what is more important to participate in investment, many will say that the right strategy is more important, but choosing a strategy is not always the right decision, but choosing a structure that will last for a long time and will not require selling your investment.

When an investor gets involved in investment, he must give the most importance to his regular income because only a part of the income will be used for investment purposes. ‌ Why I mentioned income here is definitely important, suppose you planned a little at the beginning of the investment that you will maintain the continuity of investment for a long time, but you did not take any decision from the beginning to implement this plan, that is, you were not sure how much money you would have left at the end of the month, you were not sure how much money you would not feel pressured if you invested continuously, or you were not sure that you would be prepared in advance for the need for money in the future. If you start investing without doing these, it will be like pushing a soldier into the battlefield without a weapon.  
So you have to understand your income, spend according to your income, then use a part for investment and more importantly, create an emergency fund so that your investment does not go bankrupt. Investing consistently is not our only goal, our more important goal is to never sell your investment under temporary pressure.

You can still invest in bitcoin with loan, you just have to be smart about it, if you don't already have a source of income that can pay back that loan then you shouldn't even be bothered with borrowing, the misconception here is that people think that if they borrow to invest in bitcoin then that have to pay back the loan from their bitcoin profit but that's not the case at all, you can either have a business that earns you money or your are a salary earner, either way you have a source of income with which you can pay back the loan with and then there is also the issue of how long you have to pay back the loan and that can range from months to even a year, you can use a loan to take advantage of a dip and pay back even in installments while your bitcoin grows for you.

You have to understand that bitcoin doesn’t pay desperation. You can never predict the future, what if that price you thought was the dip was just a mere starting point of the dip and you took a loan to buy it, so if bitcoin should dip again after you’ve gotten your assumed dip, will you take another loan again to still buy the Dip?. If you’re preparing for the dip, you prepare ahead of time, if you’re intentional about Buying Bitcoin dip then before the dip, you cut down your expanses and save up for the dip before time. I won’t suggest you cut down the amount you’ve been allocating to buy bitcoin on weekly basis because it will reduce your Bitcoin accumulation pace.

How do you intend to offset the loan if I may ask?. The money you’re allocating for your expanses, savings, emergency and investment, which do you want to cut down while paying on installment as you’ve said. What if an emergency comes up while you’re trying to offset the loan, how do you cope, all this will just lead to unnecessary pressure and might even lead you to liquidate the Bitcoin Dip you’ve taken a loan for. It’s better you don’t take a loan to invest in Bitcoin rather stick to your regular DCA with consistency and persistency if you really want to buy the dip, you save up before then.

Taking a loan means having to pay off an extra job and investing with the money from that loan means increasing the pressure because the lender has given me the loan to repay the money within a certain period of time but if for some reason I am not able to repay the money within the specified period then the lender will keep pressuring me which will make it more difficult for me to keep my investment at that time. So for now I think that keeping aside the issue of investing with a loan, we should discuss how to invest with the remaining money from our income. A person who can think about investing, hopefully, is not unemployed or is not thinking about not earning money, so first of all, he should understand his income and how much money he can keep at the end of the month.

If he has $100 left at the end of the month, then from this $100, he can start investing with $50 at the beginning and continue it continuously.  I told him to start with fifty percent of the remaining money so that he doesn't feel pressured to invest in the beginning, and then he can increase the investment amount considering his ability and extra money. Since he is not investing with the entire extra money, he can take another step to strengthen his investment and that is an emergency fund. Hopefully, taking this step is much better than thinking about loans. Even though I invested less but consistently, it is stress-free for me.

[Emjay24]

 You made a point, but to avoid disappointment like in a case where the source you're relying on to pay the debt doesn't work as expected, it's better to not buy than to be in debt cause you want to seize a buying opportunity. I expect that someone going into Bitcoin investment should already have something doing that fetch them income and won't warrant them to be in debt just to seize a buying opportunity.

 Bitcoin is volatile, therefore there would be lots of buying opportunities on the long run so someone that has income and is doing the DCA would definitely encounter several buying opportunities. It's more preferable with that approach than taking loan, which might likely be an issue for the investor.

We should always avoid borrowing as much as possible, investing with debt is not wrong, but it is better to try to avoid it as much as possible. Being in debt all the time can lead to frustration and financial stress for investors in the long run, because when they invest by borrowing, they will have a lot of expectations of success, but when they see instability, their panic will also be much higher than normal, Overall, this could impact the stability of our long-term journey. that is why we should never invest by borrowing with excessive risk unless necessary, it is better to do DCA according to our ability, this can yield quite good results in the long run.

Personally, I am not a big fan of personal loan. It is not entirely bad to use a loan to invest, especially when you're sure of being able to pay back the loan from your income and not having to cash in some of your bitcoin to settle it. I personally love going about it naturally, buying with my available discretionary income and holding. I see it as a better practice to buy up the dip with a large part of my reserve funds and build it back gradually. That way I wouldn't miss out on the dip neither did I take a loan to achieve it.

[ZeroVinsonN]

You can still invest in bitcoin with loan, you just have to be smart about it, if you don't already have a source of income that can pay back that loan then you shouldn't even be bothered with borrowing, the misconception here is that people think that if they borrow to invest in bitcoin then that have to pay back the loan from their bitcoin profit but that's not the case at all, you can either have a business that earns you money or your are a salary earner, either way you have a source of income with which you can pay back the loan with and then there is also the issue of how long you have to pay back the loan and that can range from months to even a year, you can use a loan to take advantage of a dip and pay back even in installments while your bitcoin grows for you.

You have to understand that bitcoin doesn’t pay desperation. You can never predict the future, what if that price you thought was the dip was just a mere starting point of the dip and you took a loan to buy it, so if bitcoin should dip again after you’ve gotten your assumed dip, will you take another loan again to still buy the Dip?. If you’re preparing for the dip, you prepare ahead of time, if you’re intentional about Buying Bitcoin dip then before the dip, you cut down your expanses and save up for the dip before time. I won’t suggest you cut down the amount you’ve been allocating to buy bitcoin on weekly basis because it will reduce your Bitcoin accumulation pace.

I do not believe in perfect DIPs, this is the mistake alot of people make, if bitcoin was $100k and then dipped to $90k and after a while dips again to $80k that doesn't mean that the people who bought the dip at $90k were wrong to buy then, you ideas here involves having to save money to buy a dip but you are already contradicting yourself because there is no way to know for certain when a DIP is going to happen so you might end up spending on that time on waiting for a DIP that might not happen leaving you in regret of not just continuously buying when you had the chance to do so but if you took a loan in order to front load your bitcoin investment (and bear in mind that this is not a newbie buying bitcoin with loan because i have always been against the idea of starting an investment or any kind of business with a loan, it's safer when you already have an investment established but want to increase your holdings some more) you can still pay for that loan outside of your bitcoin stash, you have a discretionary income after all otherwise you wouldn't be investing in bitcoin in the first place now would you? After buying with the loan and securing the bitcoin you bought at that time you can then proceed to cut down on your expenses and pay for the loan with a good percentage of your discretionary income as it comes. With your reserve funds still waiting for you because you are not a newbie investor, you already have your reserve fund save.

How do you intend to offset the loan if I may ask?. The money you’re allocating for your expanses, savings, emergency and investment, which do you want to cut down while paying on installment as you’ve said. What if an emergency comes up while you’re trying to offset the loan, how do you cope, all this will just lead to unnecessary pressure and might even lead you to liquidate the Bitcoin Dip you’ve taken a loan for. It’s better you don’t take a loan to invest in Bitcoin rather stick to your regular DCA with consistency and persistency if you really want to buy the dip, you save up before then.

Why would you even use you emergency fund to pay for your loan in the first place, I'm not even sure where that mentality is coming from, please don't go assuming that's my opinion on the matter because it's not.

[I_Anime]

 You made a point, but to avoid disappointment like in a case where the source you're relying on to pay the debt doesn't work as expected, it's better to not buy than to be in debt cause you want to seize a buying opportunity. I expect that someone going into Bitcoin investment should already have something doing that fetch them income and won't warrant them to be in debt just to seize a buying opportunity.

 Bitcoin is volatile, therefore there would be lots of buying opportunities on the long run so someone that has income and is doing the DCA would definitely encounter several buying opportunities. It's more preferable with that approach than taking loan, which might likely be an issue for the investor.

We should always avoid borrowing as much as possible, investing with debt is not wrong, but it is better to try to avoid it as much as possible. Being in debt all the time can lead to frustration and financial stress for investors in the long run, because when they invest by borrowing, they will have a lot of expectations of success, but when they see instability, their panic will also be much higher than normal, Overall, this could impact the stability of our long-term journey. that is why we should never invest by borrowing with excessive risk unless necessary, it is better to do DCA according to our ability, this can yield quite good results in the long run.

Personally, I am not a big fan of personal loan. It is not entirely bad to use a loan to invest, especially when you're sure of being able to pay back the loan from your income and not having to cash in some of your bitcoin to settle it. I personally love going about it naturally, buying with my available discretionary income and holding. I see it as a better practice to buy up the dip with a large part of my reserve funds and build it back gradually. That way I wouldn't miss out on the dip neither did I take a loan to achieve it.

At first to me is not advisable to invest with loan . Base on the knowledge have gotten sofar the best way to invest is using money you can stay without for a long time (discretionary income), using loan is already sign that you are not investing for longterm , you are just finding shortterm wins .

These are principles one should follow as an investor , not going against it like using loan to invest. Because doing so is like you are gambling with Bitcoin.

[Obulis]

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.

Buying during a bear market and selling during a bull market is definitely profitable because the price of BTC always rises significantly during a bull market, almost doubling in value, and you will definitely make a large profit if you hold BTC for one cycle, as you mentioned.

However, this depends on each individual because everyone is free to choose. But if we hold BTC for two cycles, the profits will definitely be greater. Personally, I would like to hold BTC for more than two cycles because I want to reap the profits when I retire or pass my BTC on to my children and grandchildren.

If you want to hold 25% of your BTC and not sell it in the near future, I think that's a good idea.

That means buying in bear market and selling in bull market is the opposite of thinking of passing on of BTC assets to children and grandchildren. Having the mindset of passing on of BTC assets to o family would mean getting more Bitcoin in bear market as much as one can and won't on bull market but hodl for circles.