Buy Buy Buy or Sell Sell Sell?

[Obulis]

Taking of loan is definitely a personal choice, it has worked well for some folks while some other folks having regretted taking such an action....Well I believe that when done the right way loans will not take away you peace of mind....Bitcoin is a volatile asset, the future is mostly uncertain, and it would seem only foolish for folks to borrow money with the intention of using the proceeds/profits they get from Bitcoin in repaying that loan...It wouldn't be a bad idea if one takes probably a low interest loan, and the repayment of the loan is not dependent on the supposed profit you will get from Bitcoin...

Indeed folks should stick to what they can handle without letting it interrupt their bitcoin investment, just as Jay said, taking loans to invest in bitcoin is an advanced technique however, those starting their bitcoin investment shouldn't attempt taking loans because they still need some level of experience to really understand how the whole accumulation process works first with their discretionary income until it becomes their habit. Loans can be used to front load your bitcoin investment especially during dips but first we must ensure we have a way of paying back without messing with our bitcoins. Well I think everything we must do with our finance especially when it comes to investment must be thoroughly planned with a touch of experience. The difference between a newbie and a pro bitcoin investors is the planned strategy and how they implement them.

You don't need to plan and figure out to just start buying bitcoin and DCAing.  The more complicated and/or aggressive that you plan to be, then you will likely have to employ higher levels of preparations and plannings to make sure that your chosen added level of complexity is not going to cause too much risks and/or costs in regards to your bitcoin holdings and/or management.

If I get right what JJG pointed, is that you don't need to have everything planned out before starting Bitcoin accumulation using DCA strategy because over thinking can call things that are not as if they are existing which will definitely complicate things by taking it to a higher level of complexity that will require more than ordinary efforts to handle the complexity that has been created. All that can cause unnecessary fear.
This happens in other areas of life. Just being afraid of what does not enough exist or afraid of what will not even exist.

[JayJuanGee]

You should not presume the income, the expenses or even the prior investments of a person based on age, even though age is a factor that each person needs to take into account. If you ignore age or even just superficiallly make presumptions about your bitcoin investment based on your own age, then you are being sloppy and likely going to do worse in your bitcoin investment based on your failing/refusing to adequately account for your personal factors in meaningful and significant ways..

Actually it's not that we shouldn't assume what we do but we must adjust our expenses to our income. If we can't manage these two factors even if we assume too much it will be very difficult to invest in whatever we want. This assumption has the factor of not being careless so our activities will be well-maintained and prevent failure in potentially significant matters. Because having investments is only for the purpose of our future but considering before doing it of course there are sufficient ways to get assets for our future so that all of these things without any personal factors may be sufficient.

I am not opposed to some frameworks to consider people as they age, yet it becomes problematic if we try to get into too many details, since various actions of individuals can end up making differences, and even if there are a lot of people who end up forming families, we cannot necessarily presume family context or even income or amounts of investments and/or savings - even though generally an overwhelming number of folks are inadequately invested in various assets  - and surely when it comes to bitcoin it is quite likely that we have somewhere in the ballpark of only around 1% of the world's population invested in bitcoin, and maybe even the ones who are invested in bitcoin are inadequately invested in it.

So if we come up with five hypotheticals and we attempt to make them representative of various age groups, such as 25, 35, 45, 55, 65, we might give certain financial characteristics to each of them in terms of their income level (their discretionary income), the kinds of investments they own, the level of their back up funds and maybe a few other presumptions that might not fit everyone of their age group.. but we are giving someone who we might be wanting to describe.. such as someone who is new to bitcoin or maybe someone who had already been investing into bitcoin for a period of time.

Age is not a barrier to Bitcoin investment because you do not need strength before you can buy Bitcoin, but i agree that investing in Bitcoin at a youthful age is a worthy time to invest in Bitcoin because youths have enough time to work on their finances to have discretionary income that they will use to invest in Bitcoin, and they also have plenty of years ahead of them they can use to ccumulate Bitcoin and hold for plenty of years so that they can stand a chance of being in profit in Bitcoin investment, and they can also handle the pressure of the market sentiments in a way that it will not have any negative effect on them.

True, age is na a barrier, old and younger folks can invest in bitcoin and hold for the long term.  Younger folks find bitcoin investment as an opportunity to improve their financial situation. Older folk may not want to invest because of their age. They believe that they don't have enough years to live again. That's why young people should Start accumulating bitcoin early so that by the time they are older, they have already build their portfolio. it is never too late for older folks who are considering to invest in bitcoin however if they have accumulated earlier,by now they would be reaping the fruit of their hardworks.

You make little sense Cossyblack. 

You agree that age is not a barrier, but then you go on to describe various age-related scenarios to show that age can be a factor.

Age is a factor regarding investment timeline (life goals), ability to train (learn), income, expenses, family/relationship status, potential health issues, maturity etc.

Age is a factor that you cannot ignore or downplay if you are trying to figure out how bitcoin might fit into the lives of individuals.

Taking of loan is definitely a personal choice, it has worked well for some folks while some other folks having regretted taking such an action....Well I believe that when done the right way loans will not take away you peace of mind....Bitcoin is a volatile asset, the future is mostly uncertain, and it would seem only foolish for folks to borrow money with the intention of using the proceeds/profits they get from Bitcoin in repaying that loan...It wouldn't be a bad idea if one takes probably a low interest loan, and the repayment of the loan is not dependent on the supposed profit you will get from Bitcoin...

Indeed folks should stick to what they can handle without letting it interrupt their bitcoin investment, just as Jay said, taking loans to invest in bitcoin is an advanced technique however, those starting their bitcoin investment shouldn't attempt taking loans because they still need some level of experience to really understand how the whole accumulation process works first with their discretionary income until it becomes their habit. Loans can be used to front load your bitcoin investment especially during dips but first we must ensure we have a way of paying back without messing with our bitcoins. Well I think everything we must do with our finance especially when it comes to investment must be thoroughly planned with a touch of experience. The difference between a newbie and a pro bitcoin investors is the planned strategy and how they implement them.

You don't need to plan and figure out to just start buying bitcoin and DCAing.  The more complicated and/or aggressive that you plan to be, then you will likely have to employ higher levels of preparations and plannings to make sure that your chosen added level of complexity is not going to cause too much risks and/or costs in regards to your bitcoin holdings and/or management.

If I get right what JJG pointed, is that you don't need to have everything planned out before starting Bitcoin accumulation using DCA strategy because over thinking can call things that are not as if they are existing which will definitely complicate things by taking it to a higher level of complexity that will require more than ordinary efforts to handle the complexity that has been created. All that can cause unnecessary fear.
This happens in other areas of life. Just being afraid of what does not enough exist or afraid of what will not even exist.

If you are afraid or lack experience, then maybe you start out with investing into bitcoin at $30 per week instead of investing $100 per week, and you invest and study bitcoin and your finances and financial management.

After a few weeks you raise your bitcoin investment amount to $50 per week and you start adding $20 per week to your back up funds.. They were around $700 at the time that you started investing into bitcoin.

Then maybe after 10 weeks you increase your bitcoin investment to $75 per week and your addition to your back up funds at $50 per week.

Then maybe after 7 months you increase your bitcoin investment to $100 per week and your addition to your back up funds at $60 per week.

Then maybe after 16 months, you figure that you got your back up funds up to 3 months of your expenses, so you increase your bitcoin investment to $120 per week and you stop adding to your back up funds.

The point is that you learn as you go and you make adjustments as you go... and yeah there can be alternative approaches, but you try to figure out the approach that is comfortable for you and your situation.

[Raflesia]

If I get right what JJG pointed, is that you don't need to have everything planned out before starting Bitcoin accumulation using DCA strategy because over thinking can call things that are not as if they are existing which will definitely complicate things by taking it to a higher level of complexity that will require more than ordinary efforts to handle the complexity that has been created. All that can cause unnecessary fear.
This happens in other areas of life. Just being afraid of what does not enough exist or afraid of what will not even exist.

Planning is important because after all the initial planning is to determine what our future direction is like and of course to optimize the financial conditions we have but not all planning will be perfect because the initial plan will not cover the whole that we will do. Because when we invest sometimes flexibility is also important so that this can be used as a form of initial planning that we did before coupled with the actions we take when investing.

We need initial planning so that we can see whether what we will do in this investment can be an ideal thing with the income we have and the expenses we make. Although not everything has to be thought of from the start, but still there must be at least a rough picture so that what we want to do becomes a big bubble that we cannot bear because the capital we have from our income cannot back up what we do which actually makes our investment hampered or even fail. This is not because what we invest in is bad but we cannot manage the actions we take properly.

[IjawMan]

True, age is na a barrier, old and younger folks can invest in bitcoin and hold for the long term.  Younger folks find bitcoin investment as an opportunity to improve their financial situation. Older folk may not want to invest because of their age. They believe that they don't have enough years to live again. That's why young people should Start accumulating bitcoin early so that by the time they are older, they have already build their portfolio. it is never too late for older folks who are considering to invest in bitcoin however if they have accumulated earlier,by now they would be reaping the fruit of their hardworks.

You make little sense Cossyblack. 

You agree that age is not a barrier, but then you go on to describe various age-related scenarios to show that age can be a factor.

Age is a factor regarding investment timeline (life goals), ability to train (learn), income, expenses, family/relationship status, potential health issues, maturity etc.

Age is a factor that you cannot ignore or downplay if you are trying to figure out how bitcoin might fit into the lives of individuals.

Age is an important factor that to a great length influences each guy's investment goals and it timeframe. With youthful energy you can work harder by spreading your wings to multiple streams that gives income. With this you can be able to have your discretionary income increased, say from $50 to $100 in your weekly accumulation.

And the timeframe for a dedicated coiner that is a youth will in many cases be lengthier than those of older people considering the years left for them to that of younger people, in this way, bitcoin fits in differently for them.

You know we will not be investing for ever, which means the maturity of our bitcoin investment plan based on how long we have been accumulating can also be determined by our age.

[Bigjoe33]

Of course, the sooner you start investing the better, and the biggest reason for this is that since Bitcoin investing is a long-term investment, it may be most effective to start investing as early and as young as possible to enjoy your wealth. If you start investing in Bitcoin between the ages of 25 and 26 and decide to hold it for the next 10 years, then after the next 10 years you will be 36 years old, that is, you are not very old at that time, that is, if you have a very good financial base at that age, you can do much better with it. But you are already 50 to 55, and if you decide to hold it for the next ten years, you will not be able to fully enjoy the money yourself.

I believe there is still alot of live ahead at 60 and/or after, yea!  And don't also forget, bitcoin is a generation wealth , we keep investing and accumulating, HODL for years, and it keeps growing if all things been equal, and surely, you have a family, a generation and so many people around you, and they can all reap from your diligence and investments while also learning to invest and also continue since it's a valuable assets to keep. So I believe the wealth accumulation from HODLing bitcoin doesn't only stop with you at your old age, it grows beyond just you but your generation, just like a retired business man handing over his company and business empire to a trusted hand, either family or friend or colleague, etc,  and of course, till you leave the surface of the earth, you will keep reaping and enjoying the fruits of your solid investment in Bitcoin if you have invested right and HODL enough

[Jostern]

You are absolutely correct Michael saylor started his Bitcoin investment at his late 50's but that doesn't mean this will work for everyone and the reason why Saylor started Bitcoin investment and bought that large quantity was because he has the capacity and he kinda foresee what Bitcoin holds in the future and I believe whatsoever amount he is using to purchase Bitcoin with, is what he can actually afford to lose ( discretionary income). Yes that advantage is very certain if only we hold for long and Bitcoin actually surge in that stipulated time.

Exactly, someone of age that got to know about Bitcoin when he is spending from his pension or probably other source of income with no tangible capacity to look back to shouldn’t not invest in Bitcoin. Though it’s wise that if they invest in Bitcoin, it’s certain the ROI will be for their kids or grand children, but you won’t want them to start developing high blood pressure when the market is on a downtrend, I don’t think they can cope with that. Right now you can barely convince an elder to invest in Bitcoin, because they never had the know about it from their youthful age, rather they fall will back to the system they know best, which is to keep their money in fiat.

Age is just a factor when it involved investing in bitcoin, but if it’s a barrier I really don’t know, but what I can actually understand is that Health could actually be a barrier, I can’t tell someone who is probably in their 80s not to stop investing in bitcoin because you wouldn’t know what is that individuals plans when it involves investing in bitcoin, there are people who investing in bitcoin have made them happy that they’re investing their money into something tangible, but I always encourage the youthful once to develop that investment mentality that comes with investing in bitcoin, some older people also try to make investments with bitcoin mostly for the future of their Children, which the money and return of investment would probably be for their own families, everyone would definitely have reasons for investing in bitcoin at a certain age, but I don’t believe age is a barrier at all when it comes to buying and stacking bitcoin.

[rangga28]

Age is just a factor when it involved investing in bitcoin, but if it’s a barrier I really don’t know, but what I can actually understand is that Health could actually be a barrier, I can’t tell someone who is probably in their 80s not to stop investing in bitcoin because you wouldn’t know what is that individuals plans when it involves investing in bitcoin, there are people who investing in bitcoin have made them happy that they’re investing their money into something tangible, but I always encourage the youthful once to develop that investment mentality that comes with investing in bitcoin, some older people also try to make investments with bitcoin mostly for the future of their Children, which the money and return of investment would probably be for their own families, everyone would definitely have reasons for investing in bitcoin at a certain age, but I don’t believe age is a barrier at all when it comes to buying and stacking bitcoin.

Once you reach the age of 60, you're no longer a productive age for business, especially investing in Bitcoin. Age significantly impacts your mental health and well-being. Even if you have a substantial amount of money, it's better to enjoy it for your retirement. Furthermore, parents of that age should also leave an inheritance or mandate for their children to continue a business they may have developed. I believe this is more realistic than speculating.

[landheer]

True, age is na a barrier, old and younger folks can invest in bitcoin and hold for the long term.  Younger folks find bitcoin investment as an opportunity to improve their financial situation. Older folk may not want to invest because of their age. They believe that they don't have enough years to live again. That's why young people should Start accumulating bitcoin early so that by the time they are older, they have already build their portfolio. it is never too late for older folks who are considering to invest in bitcoin however if they have accumulated earlier,by now they would be reaping the fruit of their hardworks.

Investing in BTC can be done by both young and old people, as we don't know how long we'll live. It's true that quite a few young people die, and there are also quite a few elderly people who are still active and healthy. However, quite a few people don't want to invest in BTC because they think they're old and will die quickly. In my opinion, investing shouldn't be based on age. However, the decision is ultimately up to each individual, as everyone has different perspectives.

For those parents who are successful investing in BTC today, they are indeed very fortunate because they have earned substantial profits, the fruit of their hard work in the past. Personally, as a beginner, I want to be even more successful in my old age by investing in BTC and other businesses.

[Princess Leah]

Once you reach the age of 60, you're no longer a productive age for business, especially investing in Bitcoin. Age significantly impacts your mental health and well-being. Even if you have a substantial amount of money, it's better to enjoy it for your retirement. Furthermore, parents of that age should also leave an inheritance or mandate for their children to continue a business they may have developed. I believe this is more realistic than speculating.

That's not true to an extent cause I know several of my dad's friends including him that are still going about their businesses very well and making money from it at that age, infact several people at that age are pensioners in my locality and can still invest with the DCA monthly with their pension, investing is not a big deal for most people at 60.

 You can't just conclude that everyone at 60 would be weak amd mentally unstable, it varies for different people, most of them at that ahe are still very agile to look for more income to buy more assets for their children, so if one is 60 and can comfortably investment without being hindered by health issues then the age is not really a big deal.

[Finebone]

Investing in BTC can be done by both young and old people, as we don't know how long we'll live. It's true that quite a few young people die, and there are also quite a few elderly people who are still active and healthy. However, quite a few people don't want to invest in BTC because they think they're old and will die quickly. In my opinion, investing shouldn't be based on age. However, the decision is ultimately up to each individual, as everyone has different perspectives.

This is just ridiculous because anyone that have such a mindset will never invest in bitcoin, and such person that reason in such a manner is indirectly saying that he may die tomorrow, so he wanted to eat up or spend every single penny before he dies, does that even make sense?
If we get to that tomorrow and he is still alive, what would he have to say?
In my own perspective, that shouldn't be something a sensible investor should be thinking about before starting his Bitcoin investment journey because shit do happens wether you are young or old, what you just have to do logically is to plan the length and number of years you will be holding and accumulating, not by refusing to invest because you feels like you are going to die anytime soon.

[Gallar]

If I get right what JJG pointed, is that you don't need to have everything planned out before starting Bitcoin accumulation using DCA strategy because over thinking can call things that are not as if they are existing which will definitely complicate things by taking it to a higher level of complexity that will require more than ordinary efforts to handle the complexity that has been created. All that can cause unnecessary fear.
This happens in other areas of life. Just being afraid of what does not enough exist or afraid of what will not even exist.

When we invest in an asset, I believe that everything must be balanced and nothing should be lacking or excessive. So, both fear and confidence must be present, because that is what will enable us to take careful steps. The same applies to investing in bitcoin; we must still consider the important factors that will make our bitcoin investment easier in the future. This includes considering a purchase strategy, and most importantly, managing the funds to be accumulated and knowing how to secure our assets. I think that's the most important point,, and beyond that, I don't think we need to worry about it in the early stages. Because,, as you said, overthinking isn't good when it comes to investing. So, just think about the things that are important to us and make us feel safe when investing in Bitcoin, and then we can start buying Bitcoin right away.

[cyberninja2]

Age is an important factor that to a great length influences each guy's investment goals and it timeframe. With youthful energy you can work harder by spreading your wings to multiple streams that gives income. With this you can be able to have your discretionary income increased, say from $50 to $100 in your weekly accumulation.

And the timeframe for a dedicated coiner that is a youth will in many cases be lengthier than those of older people considering the years left for them to that of younger people, in this way, bitcoin fits in differently for them.

You know we will not be investing for ever, which means the maturity of our bitcoin investment plan based on how long we have been accumulating can also be determined by our age.

If hard work occurs at a young age, if we don't use our youth to work, it will certainly be difficult for someone to carry out activities in old age. This isn't to belittle older people, but rather, the limitations of work that may no longer be the same as what someone did when they were younger. Strength is stronger based on our health. Therefore, use your youth to continue working hard with the aim of turning it into an asset for our old age. We must invest some of the funds we earn from our daily activities. This is what we do in accumulating Bitcoin by investing for the long term.

Sometimes people wonder how much we should invest, whether it's a large or small amount.
Personally, I don't think any amount is necessary, but adjustment and concentration are the main factors, whether young or old. There's no set amount when it comes to investing. All investment matters simply involve maintaining what we do regularly. The consequences are up to each of us to manage our funds to avoid unexpected events. Sometimes, we have responsibilities, but our needs also need to be considered to avoid misunderstandings with family.

[MagnificentX]

Age is just a factor when it involved investing in bitcoin, but if it’s a barrier I really don’t know, but what I can actually understand is that Health could actually be a barrier, I can’t tell someone who is probably in their 80s not to stop investing in bitcoin because you wouldn’t know what is that individuals plans when it involves investing in bitcoin, there are people who investing in bitcoin have made them happy that they’re investing their money into something tangible, but I always encourage the youthful once to develop that investment mentality that comes with investing in bitcoin, some older people also try to make investments with bitcoin mostly for the future of their Children, which the money and return of investment would probably be for their own families, everyone would definitely have reasons for investing in bitcoin at a certain age, but I don’t believe age is a barrier at all when it comes to buying and stacking bitcoin.

Once you reach the age of 60, you're no longer a productive age for business, especially investing in Bitcoin. Age significantly impacts your mental health and well-being. Even if you have a substantial amount of money, it's better to enjoy it for your retirement. Furthermore, parents of that age should also leave an inheritance or mandate for their children to continue a business they may have developed. I believe this is more realistic than speculating.

This type of comments should not be made on such threads that are meant to educate and enlighten users about the details of Bitcoin from it's price to Buying and even HODLing benefits. How can you say the age of 60 is not a productive age for business and you call yourself an investor. No it is not correct.

The mindset is what carries a man and if you spread this kind of propaganda, users who are learning from this forum will begin to see contributions and posts on the forum not worth following and it will reduce the level of which people had placed the forum in terms of value. They are men and women over the age of 60 who are strong and very capable not just financially but mentally and they invest in Bitcoin properly.

Cathie Wood, the CEO of Ark Invest is 70 and she is one very active investor as she is also the Chief Investment Officer of the firm she runs. Recently she gave a speech about Bitcoin. And I think you should check it out for confirmation and also to correct the claim you have made.

[reagansimms]

Investing in BTC can be done by both young and old people, as we don't know how long we'll live. It's true that quite a few young people die, and there are also quite a few elderly people who are still active and healthy. However, quite a few people don't want to invest in BTC because they think they're old and will die quickly. In my opinion, investing shouldn't be based on age. However, the decision is ultimately up to each individual, as everyone has different perspectives.

I think this kind of mindset is very unreasonable, it's the same as giving up before the battle. People like this need to get more motivation to increase their confidence to do something new. In the past, my parents always emphasized that I should take advantage of opportunities that could bring profit to avoid financial difficulties in the future, so that if I suddenly died, all of that could be enjoyed by my children and wife.
Remember, no one knows how long we will live, so don't throw away the golden opportunity that is right in front of your eyes and don't be afraid to take risks, because you only live once.

[letteredhub]

Once you reach the age of 60, you're no longer a productive age for business, especially investing in Bitcoin. Age significantly impacts your mental health and well-being. Even if you have a substantial amount of money, it's better to enjoy it for your retirement. Furthermore, parents of that age should also leave an inheritance or mandate for their children to continue a business they may have developed. I believe this is more realistic than speculating.

This why the young people at this present time should take advantage of bitcoin and place high priority on investment in the digital asset so by the time they get to around 50-60 they're already made and settled with big returns waiting in asset to enjoy in form of retirement. It also if they can commit to investing that very long like a decade upwards, it affords the young people of this generation the possibility and a window of opportunity to build wealth for their posterity through their bitcoin investment for about 15 years they should have stacked enough to make life better for their generation unborn.

[Jostern]

Age is just a factor when it involved investing in bitcoin, but if it’s a barrier I really don’t know, but what I can actually understand is that Health could actually be a barrier, I can’t tell someone who is probably in their 80s not to stop investing in bitcoin because you wouldn’t know what is that individuals plans when it involves investing in bitcoin, there are people who investing in bitcoin have made them happy that they’re investing their money into something tangible, but I always encourage the youthful once to develop that investment mentality that comes with investing in bitcoin, some older people also try to make investments with bitcoin mostly for the future of their Children, which the money and return of investment would probably be for their own families, everyone would definitely have reasons for investing in bitcoin at a certain age, but I don’t believe age is a barrier at all when it comes to buying and stacking bitcoin.

Once you reach the age of 60, you're no longer a productive age for business, especially investing in Bitcoin. Age significantly impacts your mental health and well-being. Even if you have a substantial amount of money, it's better to enjoy it for your retirement. Furthermore, parents of that age should also leave an inheritance or mandate for their children to continue a business they may have developed. I believe this is more realistic than speculating.

What are you talking about, your statement sounds vague, this your statement doesn’t make any sense to me, investing in bitcoin doesn’t have any age barriers, most of the people you’re seeing in this platform is in the age bracket that you mentioned and I believe they are investing in Bitcoin, well there are people who are in their 60 and are still in their productive age, and what you’ve said is an unbelievable statement, and your statement have no meaning whatsoever, your statement sounds very disrespectful, you should learn how to talk in a public space without throwing some tantrums, and you should also learn how to respect people’s age, you can invest in bitcoin not considering whatever age, but I can feel that heath can be a barrier that stop someone from investing in bitcoin and not age, Investing in bitcoin doesn’t stop anyone from enjoying there life, which is why you are only investing in bitcoin with your discretionary income, Talking about inheritance you can’t tell anyone what they will do with whatever they are doing with whatever they have or going to leave behind which is why it’s a personal consideration, you don’t tell anyone if they should leave inheritance for anyone because it’s absolutely not your business.

[HustleZ]

When a young investor succeeds in investing, we often say that he is young because of his success, but if an older person started in his place, he would not have succeeded. This is not entirely true. Yes, when a young investor starts investing, he does not have as much family pressure, responsibilities or other concerns as an older person, due to which he has the opportunity to fully focus on investing. However, when someone starts late, he actually has a lot of pressure such as the cost of educating his children, the cost of managing his family, the cost of insurance, etc. to consider at the same time. However, when he starts investing and something goes wrong in his investment plan or investment rate, then some problems arise in his case. In many cases, it happens that they buy beyond their means in the beginning, as a result of which they have to sell the investment later due to financial pressure.

Sometimes there is a lot of debate about buying aggressively or moving slowly, but it certainly depends on the specific plan and your own financial situation.  There are many investors who started slowly and tried to continue slowly and failed because later their financial management was not right. There are also many investors who invested aggressively for some time and then invested normally again but they did not sell in the end but held on for a long time. So the right step at the beginning may be to create a specific and beautiful structure by considering your income and expenses so that the investment is guaranteed and the investment can be made consistently without taking extra pressure (yes, some changes may occur in holding for a long time, that is normal). So if you think about it from this perspective, price or age is never a problem in investing.

What I Said in my post Was That Age is a Factor, Not a Measure of A person's Success. If a person is Young he is Not Confirmed to Be successful either investing while if he is Old it doesn't mean He wouldn't Be successful. Again you Prove my point by saying both ages have Some Advantages and Disadvantages.

Talking about creating a structure/Base for Investing, then Age is also a Factor, as you mentioned a young person does not have much "headaches/problems" to interfere with his investing while an Old person Does. That's why a young person has better chance of creating a Good Structure/Base while an Old person Does not. A young person can make Mistakes along the creating a "beautiful structure" and still have time but if an old person makes mistakes while creating a structure he goes back a long way. Time is a Big Factor in investing and Age Is inversely proportional to it ( lesser age more time ) so we can't say age is never a problem. However price can be taken as "not a problem" by investing small amounts for a long time ( I.e DCA) Where price doesn't matter and smoothens the volatility out.

[Popkon6]

Once you reach the age of 60, you're no longer a productive age for business, especially investing in Bitcoin. Age significantly impacts your mental health and well-being. Even if you have a substantial amount of money, it's better to enjoy it for your retirement. Furthermore, parents of that age should also leave an inheritance or mandate for their children to continue a business they may have developed. I believe this is more realistic than speculating.

This why the young people at this present time should take advantage of bitcoin and place high priority on investment in the digital asset so by the time they get to around 50-60 they're already made and settled with big returns waiting in asset to enjoy in form of retirement. It also if they can commit to investing that very long like a decade upwards, it affords the young people of this generation the possibility and a window of opportunity to build wealth for their posterity through their bitcoin investment for about 15 years they should have stacked enough to make life better for their generation unborn.

Yes, in the current situation, those who retire from their jobs can use some of their one-time savings to purchase Bitcoin and hold it for a long time. Because a person's income decreases as they grow older, at that time this Bitcoin will play the biggest role in eliminating their financial needs. Because when people grow old, they have various expenses to build immunity to various diseases, including medicines and various non-vegetarian foods. So at that time, money is definitely needed to meet all these needs, so creating this Bitcoin holding is the most important thing to eliminate financial needs later.

[8rch7]

Yes, in the current situation, those who retire from their jobs can use some of their one-time savings to purchase Bitcoin and hold it for a long time. Because a person's income decreases as they grow older, at that time this Bitcoin will play the biggest role in eliminating their financial needs. Because when people grow old, they have various expenses to build immunity to various diseases, including medicines and various non-vegetarian foods. So at that time, money is definitely needed to meet all these needs, so creating this Bitcoin holding is the most important thing to eliminate financial needs later.

I am in the confusing moment right now Bitcoin already touch dip price but still do not know is the right moment to buy or waiting new dip coming, I have little fund and want to entry around $2000 for investing in bitcoin but my target investment around two of three months later if bitcoin can break out again above $90k. If waiting the new dip coming I aware bitcoin will recovery to higher price and I miss the great chance right now to buy bitcoin.
In other side, if want entry right now how any possibility with new dip because many people predicting bitcoin will drop under $60k in short time behind many bad news releasing at twitter platform exactly the Epstein Files make many people worry for investing their money in bitcoin, stock until the gold.

[EarnOnVictor]

Yes, in the current situation, those who retire from their jobs can use some of their one-time savings to purchase Bitcoin and hold it for a long time. Because a person's income decreases as they grow older, at that time this Bitcoin will play the biggest role in eliminating their financial needs. Because when people grow old, they have various expenses to build immunity to various diseases, including medicines and various non-vegetarian foods. So at that time, money is definitely needed to meet all these needs, so creating this Bitcoin holding is the most important thing to eliminate financial needs later.

I am in the confusing moment right now Bitcoin already touch dip price but still do not know is the right moment to buy or waiting new dip coming, I have little fund and want to entry around $2000 for investing in bitcoin but my target investment around two of three months later if bitcoin can break out again above $90k. If waiting the new dip coming I aware bitcoin will recovery to higher price and I miss the great chance right now to buy bitcoin.

I've always been an advocate of smart investing, and not a blind investor, you can see what is happening yourself, panic here and there, especially among those who bought too high, and confusion even among those who want to buy again. Just know that one of the smart investing approaches is to cleverly buy the dip if you have the opportunity, however, you shouldn't be ridiculous about it. Thinking Bitcoin would still hit $2,000 is so ridiculous, it's never going to hit that low, never again, IMO. If it hits somewhere around $50,000 - $45,000, it's a good call to start buying little by little. I believe weekly or biweekly DCA of 10 parts is good at that price.