Buy Buy Buy or Sell Sell Sell?

[ejikeme24]

Best thing to do in time like this firstly , silent the noise . Yeah in time like this there will be a lot of noise especially from social medias , some will come out saying bitcoin is going to $10k  and so on . But that shouldn’t be your focus right now , those talking about the dip blablabla , the dip is here already just keep up your accumulation pace , even when dcaing you can still buy the dip while doing so .

Those that are waiting for the dip will be feeling themselves now and some may even decide to wait even further , but don’t forget this is Bitcoin we are talking about and the market is unpredictable this may end up being the last time  you’ll see Bitcoin at 5 digits , and then the next dip you’ll be waiting for would be at 6 digit .

Those noise they are making out there can only affect those who are giving them attention, in as much as I know that I haven't reach my investment goal or the status of overaccumulation I would silent the noise maybe I could start paying attention to those their noise after I must have get to where i destined to be, if at all I would even have the time to be listening to them. It is only an investor that doesn't have plan for him or herself that can give attention to those side talks, majority of those who are  talking about Bitcoin in a very bad way might have reach their investment goal probably just looking for someone they could poison/ or delay but most people seems not to understand this secret.

[leonair]

It is very difficult to justify still having money for each of our dips... so maybe a person had been buying bitcoin regularly but then keeping some cash on the side, so when the BTC price dropped from $126k to below $100k, they would have had been already buying the dip.

And then when the BTC price went from the down into the $80ks the first time there would have had been some additional buying.

So then the prices are already cheap, so then there might be little justification to hold back value to wait for dips that might not come, but  yes, we got a dip from the mid $80ks into the lower $60k.. so it is hard to imagine how very much money would be ready for buying these various dips.

Sometimes the buy orders are preset, so that a person does not miss the dip... otherwise, they have to watch the charts or maybe set some price alarms so they will be alerted if the price goes below a certain price point.

It does feel good to buy dips, yet at the same time, it is quite easy to run out of money for such dip buying in the event that such dip buying happens.

There can be ways that a certain amount is kept for dips down to various price points, yet it seems that if a person is seriously DCAing and  trying to prepare for UP, they are not going to have a lot of money left over money to buy down every $5k drop between $80k and $30k, or whatever extreme point that the BTC price could be imagined to be possible to go at any point in its existence..

The real problem with the buy-sell debate is that many people focus too much on price. And not enough on cash flow discipline. Buying and selling sounds attractive, but most people don't have a lot of income. So the idea of saving slowly and little by little works well for all of these people. A DCA system is automatically followed. When the price drops, they automatically benefit by buying more shares. At the same time, it reduces the pressure of waiting for a big profit and keeps the mind fresh. There is no fear of any big loss. Which automatically creates a mindset of holding for a long time. Another big issue is the risk of keeping the funds safe. Bitcoins held on exchanges are not completely under the user's control, even without a hack. Using a personal wallet is much more important for long-term holding.

[Joy- maker]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

[cyberninja2]

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

This is one of the steps that is quite good in my opinion because it is done to decide discretionary income but knows how to divide it into expenses so that the expenses made by investors are aimed at personal interests as well meaning investors make investments but they do not forget to also provide emergency funds because they think that both things that are done will also be beneficial in the future when the position is in a difficult situation so that they always involve consistency in doing anything so that when they do in the investment sector of course they will always have consequences for full concentration. This aims to not feel deeper losses when they accumulate Bitcoin in the long term.

[Solokan]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

In my opinion, whether a small portion or a large portion of discretionary income is used to buy BTC depends on our preferences, as everyone has different desires. However, if a large portion is used to buy BTC regularly, we will have the potential to accumulate a large amount of BTC and potentially generate significant profits in the future. However, I think it's okay if someone only uses a small portion of discretionary income. Sometimes, using a small portion of discretionary income to buy BTC doesn't relieve the stress we feel when the price of BTC drops, which is certainly different from using a large portion of discretionary income to buy BTC. Sometimes, discretionary income is worth using for entertainment, calming our minds, and ensuring we have BTC, which we certainly don't miss. However, in our normal daily lives, the point is not to let using a large portion of discretionary funds to buy BTC ruin our lives, which are usually filled with vacations and entertainment.

But everyone's opinions and desires are different.  

[barisbilgili]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

Everyone has their own way, and I believe every investor can be responsible for what they do; in fact, it’s necessary so that they don’t interfere with the investments they have made. The same goes for targets and planning in accumulating Bitcoin. We all have the same goal but in slightly different ways, and I think the key is consistency. I also believe that we all here have enough trust in Bitcoin’s future, so it can serve as a major reference for us to continue allocating Bitcoin using discretionary income.

[MusaPk]

Even if you find Saylor / MSTR as inspirations, I doubt that they are a good role model for individuals, unlte you are merely getting the idea to continue to buy no matter what, as long as you are reasonably staying within the boundaries of your discretionary funds.

If you had been consistently investing into bitcoin from your discretionary income as it comes in during a similar timeframe as MSTR/Saylor, such as 5.5 years since August 2020, then your average cost per BTC would  be right around $35k per coin.  Right now Saylor/MSTR has an average cost per coin around $75k...

Don't get me wrong, since I do think that it is better to try to invest aggressively and to get more coin, yet it just seems unrealistic for any of us to be comparing ourselves to businesses like MSTR.

At the same time, it could have had been possible for normal persons to have ended up in similar situation like MSTR based on where he might have had been at in his career in the past 5.5 years, so maybe he ends up getting a lot of promotions, and the promotions and the increases in pay end up contributing towards him to increase his BTC purchases with the passage of time.  

No doubt, its not good that after spending so much time and money you are still at break-even or in loss. Saylor needs to check his mistake due to which he is in current situation. He still look confident but we need to see his portfolio to evaluate his strategy rather then his words. He could have been in much better position if he was accumulating Bitcoins periodically for last 5.5 years rather then buying Bitcoins when he has mood. Going aggressive for Bitcoin accumulation when Bitcoin was it's ATH was not a good strategy for someone who is in Bitcoin for last 5.5 years.    

Sure. Of course.  The lesson is that those coins on the exchanges are not real bitcoin, even though they are claims upon bitcoin... so we have to be careful in regards to how much value we keep on exchanges at any given time..

The article says that they had recovered 99.7% of the loss, so if a user had withdrawn the coins from the exchange prior to Bithumb freezing (or reversing) those coins, then they would not have had been able to recover those coins except for through legal channels to go after the user to try to get the user to send them back.

This is a good example for anyone who is not aware of whats going on inside the centralised exchange. The exchange mistakenly send 620,000 Bitcoins to different users and net worth is these Bitcoins is $40 billion. I don't think the exchange in reality has that much Bitcoins, there are hundreds of such exchanges in the world and if we combine there total number of Bitcoins then it will easily surpass the total number of Bitcoins in circulation today.

This can be compared with a new housing society, whose developer sale large number of property files while having no real land behind those property files.  

[Shiny_L@dy]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

Everyone has their own way, and I believe every investor can be responsible for what they do; in fact, it’s necessary so that they don’t interfere with the investments they have made. The same goes for targets and planning in accumulating Bitcoin. We all have the same goal but in slightly different ways, and I think the key is consistency. I also believe that we all here have enough trust in Bitcoin’s future, so it can serve as a major reference for us to continue allocating Bitcoin using discretionary income.

Our goal is to keep in mind, such as reaching a state of surplus savings. But whatever the method, it usually takes a long time to get there, and it seems to me that getting there by continuous saving is more likely. Still, in the end everyone has to make their own decisions, and I really doubt that waiting for dips guarantees that we will reach that goal faster or with less capital. I also doubt that waiting for dips helps poor people more.

I think it is good for poor people to set up a system of continuous buying as well, although it is not easy, because it may take a poor person more than one time to reach a state of surplus savings and it depends mainly on his limited discretionary income, not on whether he was lucky or if a one-off price drop worked for him. Even those who are quite sporadic about buying and miss out on many opportunities, their thinking and the application of those ideas. Neither is really helping them, they should not be confused by it, even if they argue about their system and practice regularly.

[ZeroVinsonN]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Buying when ybe price is low especially as it is currently is a big advantage, but then your statement sounds like people should wait till Bitcoin gets low before buying, if so then it's not really a nice idea and to be on a safer side it's better to be consistent with accumulating, whether it get low or high.

 Reasons that you never can tell when it get low or high but when you're consistent you'll definitely come across several low periods and take advantage of the market. That's the more reason why the DCA is considered the best strategy for accumulating Bitcoin, it keeps a balance to your accumulation and you'll need on a safe side regardless of how the market fluctuates.

What happened a few days ago has made me to learn more when it comes to bitcoin investment when bitcoin went down to $60k plus I decided to use some of my reserve funds to accumulate more bitcoin my plan was to use all when there’s a dip but I wanted bitcoin to reduce more in price before using all, that was why I only used some part of my reserve funds to accumulate but right now bitcoin has raised up to $70k and may keep growing and if that happened I have missed the opportunity of accumulating bitcoin with low price. Whenever you want to accumulate bitcoin don’t wait for a particular time or don’t wait for it to reach a particular amount before you can accumulate the price at which bitcoin is at now is good for you to start accumulating, waiting will only make you regret in the future.

Using part of your reserve funds to accumulate more still makes you better and smarter that those plebs who thought that they are genuises enough to outwit the market.

Some dumbass traders waited for the price to go below $60k down all the way to $50k before they would buy so they can make profit than others, but they just where so dumber than they realized because the price is already way past $70k  

The recent outturn in the market only confirms why buying ongoingly is smarter than waiting for price to drop before buying.

Anyone who is planning on waiting can keep doing so, this is because anyone with eyes will see that the price is already increasing so they might end up waiting forever unless they change their minds and start buying already, they think they are smart in waiting but will soon realize that they are greatly mistaken but by then they would have already lost alot of good buying opportunities to procrastination and delay and while others are busy accumulating they will be busy looking for who to blame for not buying when they had the chance, they will start blaming influencers and supposed analysts who deceived them into waiting but by then it will all be pointless because they chose to believe those so called analysts instead of continuously accumulating.

[Iamgoat]

Those noise they are making out there can only affect those who are giving them attention, in as much as I know that I haven't reach my investment goal or the status of overaccumulation I would silent the noise maybe I could start paying attention to those their noise after I must have get to where i destined to be, if at all I would even have the time to be listening to them. It is only an investor that doesn't have plan for him or herself that can give attention to those side talks, majority of those who are  talking about Bitcoin in a very bad way might have reach their investment goal probably just looking for someone they could poison/ or delay but most people seems not to understand this secret.

Honestly, at first I never expected bitcoin was going to fall to this level of it reading in $60,000s and this to me is a drastic drop from what used to be 100,000+ couple of months ago, if you had started purchasing bitcoin when it was at its peak, you would not want to see it fall to this extent and some people will have high blood pressure for this period of time but this is why we have oftentimes emphasized seriously on the issue of patience. Being patient about long term investments is one criteria to consider when deciding on cryptocurrency investment. When you are patient about the long term investments thing, you will be able to make money from the system.

[Proty]

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

Buying when ybe price is low especially as it is currently is a big advantage, but then your statement sounds like people should wait till Bitcoin gets low before buying, if so then it's not really a nice idea and to be on a safer side it's better to be consistent with accumulating, whether it get low or high.

 Reasons that you never can tell when it get low or high but when you're consistent you'll definitely come across several low periods and take advantage of the market. That's the more reason why the DCA is considered the best strategy for accumulating Bitcoin, it keeps a balance to your accumulation and you'll need on a safe side regardless of how the market fluctuates.

What happened a few days ago has made me to learn more when it comes to bitcoin investment when bitcoin went down to $60k plus I decided to use some of my reserve funds to accumulate more bitcoin my plan was to use all when there’s a dip but I wanted bitcoin to reduce more in price before using all, that was why I only used some part of my reserve funds to accumulate but right now bitcoin has raised up to $70k and may keep growing and if that happened I have missed the opportunity of accumulating bitcoin with low price. Whenever you want to accumulate bitcoin don’t wait for a particular time or don’t wait for it to reach a particular amount before you can accumulate the price at which bitcoin is at now is good for you to start accumulating, waiting will only make you regret in the future.

Using part of your reserve funds to accumulate more still makes you better and smarter that those plebs who thought that they are genuises enough to outwit the market.

Some dumbass traders waited for the price to go below $60k down all the way to $50k before they would buy so they can make profit than others, but they just where so dumber than they realized because the price is already way past $70k  

The recent outturn in the market only confirms why buying ongoingly is smarter than waiting for price to drop before buying.

Making use of reserve funds to buy more bitcoin during a dip isn't a bad idea. Wherever there is a dip , the opportunity of buying more bitcoin is being presented by the market and the best way to utilise this opportunity is to buy more using any extra cash like our reserve funds.
Waiting for a desire dip is a big mistake that most people make because nobody can speculate the market price correctly and the results will be to miss out the opportunity that the market offered.

[Princess Leah]

Those noise they are making out there can only affect those who are giving them attention, in as much as I know that I haven't reach my investment goal or the status of overaccumulation I would silent the noise maybe I could start paying attention to those their noise after I must have get to where i destined to be, if at all I would even have the time to be listening to them. It is only an investor that doesn't have plan for him or herself that can give attention to those side talks, majority of those who are  talking about Bitcoin in a very bad way might have reach their investment goal probably just looking for someone they could poison/ or delay but most people seems not to understand this secret.

Honestly, at first I never expected bitcoin was going to fall to this level of it reading in $60,000s and this to me is a drastic drop from what used to be 100,000+ couple of months ago, if you had started purchasing bitcoin when it was at its peak, you would not want to see it fall to this extent and some people will have high blood pressure for this period of time but this is why we have oftentimes emphasized seriously on the issue of patience. Being patient about long term investments is one criteria to consider when deciding on cryptocurrency investment. When you are patient about the long term investments thing, you will be able to make money from the system.

This is not the first time that Bitcoin has dropped drastically and if you trace back to history's you'll figure out that it's not something new. Moreover Bitcoin is volatile in nature so a drop in price is what every investor should expect at some point especially now that there's get political tensions and war threats.

 Yes chicken hands would definitely be worried panic and sell, it's something that normally occurs during every sudden dip like these but real investors always take advantage of these period and add more to their portfolio, they'll never panic because they're aware that the gosl is to hold for long-term.

[clifaduna]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

Everyone has their own way, and I believe every investor can be responsible for what they do; in fact, it’s necessary so that they don’t interfere with the investments they have made. The same goes for targets and planning in accumulating Bitcoin. We all have the same goal but in slightly different ways, and I think the key is consistency. I also believe that we all here have enough trust in Bitcoin’s future, so it can serve as a major reference for us to continue allocating Bitcoin using discretionary income.

Reading your post, I thought that each of us really has our own way of investing, our own goals and objectives. In general, I believe that there is nowhere without personal responsibility, if you have invested, you should be responsible for decisions, and not try to replay everything later. Bitcoin was  invented as an independent storage.

But about the sequence, that's the point, I've noticed it myself: when you keep your course and don't rush back and forth, the result is much better. And yes, there is definitely no way to do without faith in the future of bitcoin. In my opinion, it helps to distribute income wisely ‑ you realize that you are not investing in the air, but in something that you really believe in.

[Rockson1]

Honestly, at first I never expected bitcoin was going to fall to this level of it reading in $60,000s and this to me is a drastic drop from what used to be 100,000+ couple of months ago, if you had started purchasing bitcoin when it was at its peak, you would not want to see it fall to this extent and some people will have high blood pressure for this period of time but this is why we have oftentimes emphasized seriously on the issue of patience. Being patient about long term investments is one criteria to consider when deciding on cryptocurrency investment. When you are patient about the long term investments thing, you will be able to make money from the system.

As much as I will want to agree with you that anyone that invested when the price was at the high level will not want it drop but this is not unusual to many Bitcoiners, Bitcoin price is not in way that it will keep going up without dropping and even if anyone wishes so, such persons wish may not be granted because Bitcoin has it's own way operation, of course some persons will feel bad but i think it is either newbies or baby investor that claim to have been investing in Bitcoin but when observed closely, they are likely short term investors that often panic when they market deos not favour their curiosity, they instruments to overcome this time is to persevere, buy more at this cheap price and Hodl, the next ATH will definitely be above $126 which was the previous ATH meaning that anyone that bought bellow it, is still on course, so I do not think anyone should have much to worry about rather than doing the normal.

[Jostern]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

You’re absolutely correct, whatever you use your discretionary income for is for your personal benefit, but we that are investing in Bitcoin would obviously want to buy Bitcoin with our discretionary income, and maybe we wouldn’t want to buy Bitcoin with all our discretionary income, but I feel it’s actually wise not to buy bitcoin with all your discretionary income, when you have a small amount of discretionary income it’s always important for you to buy and accumulate bitcoin wisely so that we wouldn’t encounter any difficulties or challenges along the way while we are buying and accumulating bitcoin.

Having a discretionary income provides an opportunity to keep buying and accumulating bitcoin for a very long term period and not just for a short period of time, I understand that profit is not inevitable in a long term investment and that is always a priority for everyone.

[BlackBaron]

Everyone has their own way, and I believe every investor can be responsible for what they do; in fact, it’s necessary so that they don’t interfere with the investments they have made. The same goes for targets and planning in accumulating Bitcoin. We all have the same goal but in slightly different ways, and I think the key is consistency. I also believe that we all here have enough trust in Bitcoin’s future, so it can serve as a major reference for us to continue allocating Bitcoin using discretionary income.

This is how it should be, because everyone has different mindsets and abilities. Therefore, the method should be based on their plans and tailored to their individual capabilities. For example, when we do DCA, the amount we allocate will certainly vary greatly, and our capabilities also vary. Sometimes there are situations where we have to postpone a purchase because something in our lives requires us to use the money we should have allocated for DCA for other needs.

We can probably adopt someone else's method or strategy, but it won't be 100% accurate, there are some things we need to modify ourselves.

[Showlove01]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

Yea everyone is free but it will be more wise and beneficial if someone spend their leftovers very well but allocated more portion of money to their discretionary income to invest in Bitcoin won't make someone to have a great portfolio but what will make someone have a great portfolio is commitment and consistency because no matter how little one allocate to their Bitcoin investment if they are consistent and committed their portfolio will outgrow those that allocated more portion without been consistent.

[Bobrox]

Making use of reserve funds to buy more bitcoin during a dip isn't a bad idea. Wherever there is a dip , the opportunity of buying more bitcoin is being presented by the market and the best way to utilise this opportunity is to buy more using any extra cash like our reserve funds.
Waiting for a desire dip is a big mistake that most people make because nobody can speculate the market price correctly and the results will be to miss out the opportunity that the market offered.

Its really brilliant ideas allocated reserve to buy bitcoin during at dip price but we can't predicting accurate how much dip price of bitcoin, so need to allocate much reserve fund avoid if bitcoin make new dip price exactly how happening at the early year. I don't think the investor has enough patience waiting bitcoin raise the dip price and will buy much bitcoin when hitting new dip price, most of investor want to keep their reserve fund for long term when bitcoin raise the lower or support price will buy back although upcoming days has possibility with bitcoin will make dip price.
In my way for investing in bitcoin not have much reserve fund keep buying and investing in bitcoin monthly, although not make dip price I keep investing because my target have to invest every month.

[Cgrexp]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

You’re absolutely correct, whatever you use your discretionary income for is for your personal benefit, but we that are investing in Bitcoin would obviously want to buy Bitcoin with our discretionary income, and maybe we wouldn’t want to buy Bitcoin with all our discretionary income, but I feel it’s actually wise not to buy bitcoin with all your discretionary income, when you have a small amount of discretionary income it’s always important for you to buy and accumulate bitcoin wisely so that we wouldn’t encounter any difficulties or challenges along the way while we are buying and accumulating bitcoin.

Having a discretionary income provides an opportunity to keep buying and accumulating bitcoin for a very long term period and not just for a short period of time, I understand that profit is not inevitable in a long term investment and that is always a priority for everyone.

If a person has strong cash flow management skills and a sufficient emergency fund or reserve fund, it is not wrong for him to invest 90% or even 100% of his discretionary income in Bitcoin if he wants. However, it is not realistic to continue such an aggressive investment approach on a regular basis, as it can put personal financial stability at risk in the long term. Many times, the root cause of the problem is not investment, but confusion over the definition of income and discretionary income. Many of us understand discretionary income as the money left over after meeting our basic expenses, while many others include our entertainment or socializing expenses in discretionary income. Everyone's lifestyle, needs, and spending amounts are different, so the relationship between income and spending may not always be easy if the amount of demand and demand is not clear. Therefore, before investing, one should consider personal financial mindset and cash flow reality, rather than just setting a percentage or amount. Income and discretionary income are not just numbers, but an integral combination of financial awareness, self-control, and understanding of personal reality.

[As-Soon-As]

Yes I’m agreeing with you and the analogy you gave, of a truth being whimpy or aggressive depends on the investor as we’re all free to choose what happens with our discretionary income but it’ll be best to utilise it to good use by investing a big or bigger percentage into bitcoin than buying whimply or spending it on consumptions and relaxations.

To be a better successful investor we have to be aggressive when we can, buying whimply can only keep you in the market but wouldn’t take you very far.

Everybody is free to decide how to spend their leftover money (discretion income) but real Bitcoin investors will choose to allocate more portion of their discretionary income to Bitcoin, and then allocate the rest to their emergency fund and backup fund. than spending it the opposite ways. And what determines how profitable an investor can be is the amount the investor is holding in Bitcoin. Because as an investor you can't make reasonable profit from Bitcoin, when you are having small amount of Bitcoin in your self custodia wallet. So therefore, if you want to make good profit from Bitcoin, stay consistent in accumulating Bitcoin, till you accumulate good amount in Bitcoin, and then hold for long term.

Yea everyone is free but it will be more wise and beneficial if someone spend their leftovers very well but allocated more portion of money to their discretionary income to invest in Bitcoin won't make someone to have a great portfolio but what will make someone have a great portfolio is commitment and consistency because no matter how little one allocate to their Bitcoin investment if they are consistent and committed their portfolio will outgrow those that allocated more portion without been consistent.

Yes, this is the only source of income that people need to have, according to their plans and consistent investment strategies, in short, according to the DCA method, if someone can invest for a long time, they will definitely be able to accumulate a large amount of Bitcoin. Only by investing consistently can they make themselves successful, but their own advice and goals of success can definitely lead to success. An ideal investor will invest regularly and hold Bitcoin for a long time according to the DCA method, as a result, it will become easier for that investor to succeed.