Buy Buy Buy or Sell Sell Sell?

[Silikiem]

Currently the focus is more on learning to understand investment so that under current conditions we don't invest too aggressively for the long term. This discussion is necessary because a few years ago we might have easily earned income leading us to invest very aggressively. This thinking ensures that we have a guarantee of future returns on our investments.

You must not wait till you learn everything before you can start buying and investing In bitcoin. Bitcoin investment is not too much of a rocket science study, what you only need is just a basic knowledge of how and where to buy bitcoin and hold. Once you equip yourself with this basic knowledge, the only thing that is needed of you is to figure out if you have a discretionary income to use for buying bitcoin and the moment you are able to figure out a discretionary, it’s advisable you get started immediately in buying bitcoin and hold for long term goal.

And even for a more effective learning In bitcoin investment, it is better to get started immediately if you have a discretionary income to use for buying bitcoin, it is from there you’ll be able to learn more and understand how it works just as the saying goes “we learn more by doing, and experience they say is the best teacher”. So it is better to get started in buying bitcoin with your discretionary income and along the line as you’re buying and holding you’ll be able to learn and unlearn more so as to be able to make important decisions regarding your investment to achieving your investment goal of consistent or Perherps persistent accumulation of bitcoin to build up your portfolio and reach your accumulation target or perhaps over accumulation.

[Grease5000]

Currently the focus is more on learning to understand investment so that under current conditions we don't invest too aggressively for the long term. This discussion is necessary because a few years ago we might have easily earned income leading us to invest very aggressively. This thinking ensures that we have a guarantee of future returns on our investments.

You must not wait till you learn everything before you can start buying and investing In bitcoin. Bitcoin investment is not too much of a rocket science study, what you only need is just a basic knowledge of how and where to buy bitcoin and hold. Once you equip yourself with this basic knowledge, the only thing that is needed of you is to figure out if you have a discretionary income to use for buying bitcoin and the moment you are able to figure out a discretionary, it’s advisable you get started immediately in buying bitcoin and hold for long term goal.

And even for a more effective learning In bitcoin investment, it is better to get started immediately if you have a discretionary income to use for buying bitcoin, it is from there you’ll be able to learn more and understand how it works just as the saying goes “we learn more by doing, and experience they say is the best teacher”. So it is better to get started in buying bitcoin with your discretionary income and along the line as you’re buying and holding you’ll be able to learn and unlearn more so as to be able to make important decisions regarding your investment to achieving your investment goal of consistent or Perherps persistent accumulation of bitcoin to build up your portfolio and reach your accumulation target or perhaps over accumulation.

Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

[Showlove01]

Currently the focus is more on learning to understand investment so that under current conditions we don't invest too aggressively for the long term. This discussion is necessary because a few years ago we might have easily earned income leading us to invest very aggressively. This thinking ensures that we have a guarantee of future returns on our investments.

You must not wait till you learn everything before you can start buying and investing In bitcoin. Bitcoin investment is not too much of a rocket science study, what you only need is just a basic knowledge of how and where to buy bitcoin and hold. Once you equip yourself with this basic knowledge, the only thing that is needed of you is to figure out if you have a discretionary income to use for buying bitcoin and the moment you are able to figure out a discretionary, it’s advisable you get started immediately in buying bitcoin and hold for long term goal.

And even for a more effective learning In bitcoin investment, it is better to get started immediately if you have a discretionary income to use for buying bitcoin, it is from there you’ll be able to learn more and understand how it works just as the saying goes “we learn more by doing, and experience they say is the best teacher”. So it is better to get started in buying bitcoin with your discretionary income and along the line as you’re buying and holding you’ll be able to learn and unlearn more so as to be able to make important decisions regarding your investment to achieving your investment goal of consistent or Perherps persistent accumulation of bitcoin to build up your portfolio and reach your accumulation target or perhaps over accumulation.

Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

I think you don't really understand how this discretionary works because when investing in Bitcoin you can not possibly sort out or figure out funds that you won't need to use for 4 years at a time but rather it gotten as we progress in our Bitcoin investment, we get our investment money from leftover in our income and for a beginner the best strategy to use is the DCA because it will allow someone to invest at any price because often time beginners are scared of investing at any price because they lack knowledge.

[Joeboy]

If a guy had spent a couple of years accumulating bitcoin, then it makes little to no sense to sell any of those coins and to gamble with all of the that was put into the accumulation of the bitcoin.  

It would seem like years of wasted effort if folks eventually sell their coins before reaching their over-accumulation.  This is coz the volatility of Bitcoin may make it nearly impossible for folks to get back Bitcoin at around the same exact price they bought if they were to practice any sort of short term sales... Selling before the intended timeline is actually gambling, and such habit is very wrong especially for those who intends to build a very strong Bitcoin portfolio...

In my own experiences, I recall so many times when guys were talking about dips that did not end up happening, so there were bitcoin holders/accumulators who sold some or all of their bitcoin out of expectations to buy back more BTC cheaper, yet they ended up with either fewer coins or having to spend a lot more money to try to build their bitcoin back up to its previous size.

What you said sir, ascertain's why it is almost impossible for folks to outsmart the market or to perfectly predict Bitcoin's price movement.. Sure everyone of us are filled with different expectations about the price of Bitcoin, but then as investors who are yet to reach their investments timeline, their focus should be on consistently accumulating Bitcoin, without attempting to time the price or engage in any sort of unnecessary sales.. And when they reach their investments goal, they are free to implement the sustainable withdrawal Rate (SWR) or any other kind of preferred withdrawal practices....

[Mr_Brilliant$]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Sell your bitcoins!

I don't really know the reason this folk said one should sell his or her Bitcoin in this period

You are still querying the reason, but me, no reason can be justifiable for anyone to sell their Bitcoin when it is now at a low reasonable enough to buy without thinking. Every strategy works fine for buyers now,  but none works for sellers. "Accumulation" should be in the mind of everyone now, not selling. You accumulate now, you smile tomorrow. Bitcoin doesn't mean you should be perfect on the Timing and the Pricing, it only means you shouldn't "miss-out" at the right Times and Prices. This is exactly the definition of that. Selling is just 100% off.

You know, this is just the time we know who is convinced about bitcoin..  If someone really believe in Bitcoin long term, then this will not be the season to be panic selling..

But still everybody situation is not the same though..  Probably some person did overexpose them self from the beginning, or did not even have a proper plan from the start.. so they would be force to want to sell now..
That is why when you’re picturing long term, don’t use money you are suppose to use for feeding to invest..

[ruykeri]

Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

I think you don't really understand how this discretionary works because when investing in Bitcoin you can not possibly sort out or figure out funds that you won't need to use for 4 years at a time but rather it gotten as we progress in our Bitcoin investment, we get our investment money from leftover in our income and for a beginner the best strategy to use is the DCA because it will allow someone to invest at any price because often time beginners are scared of investing at any price because they lack knowledge.

Money outside of discretionary income expenses is not needed for any necessary expenses. From that perspective, Grease5000 said that one should invest with money that will not be needed for any need for the next 4 years, that is, for a long time. His thinking is correct in the new one. If the money invested in Bitcoin is needed in the future after a year or two, then he should not invest with that money. For investing in Bitcoin, one should invest with a minimum period of 4 to 10 years. And the matter of backup fund is different. Absolute importance should be given to backup fund. Because backup fund protects Bitcoin holdings during emergency expenses.

[Btcdeybodi]

In my own experiences, I recall so many times when guys were talking about dips that did not end up happening, so there were bitcoin holders/accumulators who sold some or all of their bitcoin out of expectations to buy back more BTC cheaper, yet they ended up with either fewer coins or having to spend a lot more money to try to build their bitcoin back up to its previous size.

The mistake any bitcoin investor will make is to sell their bitcoin at the expense of buying back when a DIP happens because if the DIP doesn't come as they expect, the money the got from the bitcoins they sold might be used for other things especially if the DIP is taking longer time to come. It will be better to keep reserved funds so that in case a DIP happens they can use the reserved funds to buy bitcoin at cheap price while their initial accumulated amount remains untouched. The price of bitcoin is unpredictable even though sometimes we manage to predict the next line of action in the market. Selling bitcoins halfway when one's accumulation target has not been met is not advisable even though they have plans of buying back when the price drops.

[Sulegzy39]

Currently the focus is more on learning to understand investment so that under current conditions we don't invest too aggressively for the long term. This discussion is necessary because a few years ago we might have easily earned income leading us to invest very aggressively. This thinking ensures that we have a guarantee of future returns on our investments.

You must not wait till you learn everything before you can start buying and investing In bitcoin. Bitcoin investment is not too much of a rocket science study, what you only need is just a basic knowledge of how and where to buy bitcoin and hold. Once you equip yourself with this basic knowledge, the only thing that is needed of you is to figure out if you have a discretionary income to use for buying bitcoin and the moment you are able to figure out a discretionary, it’s advisable you get started immediately in buying bitcoin and hold for long term goal.

And even for a more effective learning In bitcoin investment, it is better to get started immediately if you have a discretionary income to use for buying bitcoin, it is from there you’ll be able to learn more and understand how it works just as the saying goes “we learn more by doing, and experience they say is the best teacher”. So it is better to get started in buying bitcoin with your discretionary income and along the line as you’re buying and holding you’ll be able to learn and unlearn more so as to be able to make important decisions regarding your investment to achieving your investment goal of consistent or Perherps persistent accumulation of bitcoin to build up your portfolio and reach your accumulation target or perhaps over accumulation.

I completely get you on this. Waiting to learn more before investing will benefit you because you will get more skills.Bitcoin investment does not require extensive research; all you need is a basic understanding of how and where to buy and hold bitcoin. Once you've acquired this fundamental understanding, It is preferable to preserve reserved funds so that if a DIP occurs, people can utilize the reserved funds to acquire bitcoin at a low cost while leaving their initial accumulated quantity unchanged.

[Tonimez]

Currently the focus is more on learning to understand investment so that under current conditions we don't invest too aggressively for the long term. This discussion is necessary because a few years ago we might have easily earned income leading us to invest very aggressively. This thinking ensures that we have a guarantee of future returns on our investments.

You must not wait till you learn everything before you can start buying and investing In bitcoin. Bitcoin investment is not too much of a rocket science study, what you only need is just a basic knowledge of how and where to buy bitcoin and hold. Once you equip yourself with this basic knowledge, the only thing that is needed of you is to figure out if you have a discretionary income to use for buying bitcoin and the moment you are able to figure out a discretionary, it’s advisable you get started immediately in buying bitcoin and hold for long term goal.

And even for a more effective learning In bitcoin investment, it is better to get started immediately if you have a discretionary income to use for buying bitcoin, it is from there you’ll be able to learn more and understand how it works just as the saying goes “we learn more by doing, and experience they say is the best teacher”. So it is better to get started in buying bitcoin with your discretionary income and along the line as you’re buying and holding you’ll be able to learn and unlearn more so as to be able to make important decisions regarding your investment to achieving your investment goal of consistent or Perherps persistent accumulation of bitcoin to build up your portfolio and reach your accumulation target or perhaps over accumulation.

Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

Anyone who has invested rightly into bitcoin does not have to go counting the number of years during which he won't be needing to use the fund he had invested in bitcoin. This is why it is good to be very financially disciplined and maintain a good Cashflow management. When you have a good and reliable cashflow management, you won't easily be shaken by some market conditions that freak other investors. Discretionary income is periodic and any money that is judged Discretionary income is definitely not needed at the moment.

You can not stay now to decide everything that would happen in 4 or 10 years time and you cannot also see through. So there's no way you can rightly say that you are sure about not being in need of the money for the next 4 years. To make up for this unforeseen circumstances, you are advised to be true to your emergency funds and back up funds because these funds are the real cushion to your bitcoin especially in the time of unplanned expenses. You don't have to wait anymore, you don't need to time the market, all you need is your Discretionary income to get started.

[Brizi5000]

Currently the focus is more on learning to understand investment so that under current conditions we don't invest too aggressively for the long term. This discussion is necessary because a few years ago we might have easily earned income leading us to invest very aggressively. This thinking ensures that we have a guarantee of future returns on our investments.

You must not wait till you learn everything before you can start buying and investing In bitcoin. Bitcoin investment is not too much of a rocket science study, what you only need is just a basic knowledge of how and where to buy bitcoin and hold. Once you equip yourself with this basic knowledge, the only thing that is needed of you is to figure out if you have a discretionary income to use for buying bitcoin and the moment you are able to figure out a discretionary, it’s advisable you get started immediately in buying bitcoin and hold for long term goal.

And even for a more effective learning In bitcoin investment, it is better to get started immediately if you have a discretionary income to use for buying bitcoin, it is from there you’ll be able to learn more and understand how it works just as the saying goes “we learn more by doing, and experience they say is the best teacher”. So it is better to get started in buying bitcoin with your discretionary income and along the line as you’re buying and holding you’ll be able to learn and unlearn more so as to be able to make important decisions regarding your investment to achieving your investment goal of consistent or Perherps persistent accumulation of bitcoin to build up your portfolio and reach your accumulation target or perhaps over accumulation.

I completely get you on this. Waiting to learn more before investing will benefit you because you will get more skills.Bitcoin investment does not require extensive research; all you need is a basic understanding of how and where to buy and hold bitcoin. Once you've acquired this fundamental understanding, It is preferable to preserve reserved funds so that if a DIP occurs, people can utilize the reserved funds to acquire bitcoin at a low cost while leaving their initial accumulated quantity unchanged.

You’re getting yourself confused with your statement, initially you said waiting to learn more will benefit you because you will get more skill, and again you said bitcoin investment does not require extensive research. what skill are you even talking about In bitcoin investment, maybe you want to be skilled in timing the market or trading for quick profit which is a very wrong investment approach. i don’t think you need to wait to learn more before you start investing especially if your discretionary income is available. Waiting will waste you time and you might be missing out on several buying opportunities. All that is required of you is just a discretionary income to use and buy bitcoin and hold, that is the most important skill you need which is finding a discretionary income to consistently use to buy bitcoin.

[As-Soon-As]

[Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

The most important and appropriate time to invest in Bitcoin in the current position. Those who invest in Bitcoin at this time will be the best investors and will gain the most benefits. At this time, the Bitcoin market has been corrected, if you buy Bitcoin and keep it for a long time and add it to the main holding, it is possible to benefit more. You see, those who have deposited Bitcoin from the past and those who have purchased Bitcoin for 100k dollars are basically buying Bitcoin again and following the DCA method, they are buying Bitcoin. Every person is suitable to invest in Bitcoin now, because they will invest in Bitcoin according to their ability. Of course, this correction will not last long, the Bitcoin market will reverse at any time.

[IjawMan]

Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

I think you don't really understand how this discretionary works because when investing in Bitcoin you can not possibly sort out or figure out funds that you won't need to use for 4 years at a time but rather it gotten as we progress in our Bitcoin investment, we get our investment money from leftover in our income and for a beginner the best strategy to use is the DCA because it will allow someone to invest at any price because often time beginners are scared of investing at any price because they lack knowledge.

@Grease5000 shared a naive investment mindset there. To invest with bitcoin in a long term thinking you bound to have a solid source of income from where you can be raising your discretionary funds to constantly purchase bitcoin through the DCA method of stacking.

The money you are thinking presently of not having a use for it in the next 4 years, an emergency financial situation that demands money to sort it can arise in less than 6 months from when you would have lump-sum bought with all that money you thought you will not have need for it till 4 years.

With a source of solid income you can create an emergency funds, to prevent a premature sell of investment dew to rising emergency call. Having such funds prepares and makes an investor ready for what challenges lies ahead from the market and real world complexities.

[Jamestown70]

The most important and appropriate time to invest in Bitcoin in the current position. Those who invest in Bitcoin at this time will be the best investors and will gain the most benefits. At this time, the Bitcoin market has been corrected, if you buy Bitcoin and keep it for a long time and add it to the main holding, it is possible to benefit more. You see, those who have deposited Bitcoin from the past and those who have purchased Bitcoin for 100k dollars are basically buying Bitcoin again and following the DCA method, they are buying Bitcoin. Every person is suitable to invest in Bitcoin now, because they will invest in Bitcoin according to their ability. Of course, this correction will not last long, the Bitcoin market will reverse at any time.

You’re right, like Sir Jay would always say, the best time to acquire Bitcoin was yesterday and the second best time to accumulate more is now. But the doubt of uncertainty makes so many investors and those persons claiming to be short term investor (aka traders) miss out the opportunity, and clinging to neutrality but end up regretting on the long run. If you’ve one time or the other gotten Bitcoin when the price was high, this is an opportunity to get more of it at a lower price as long as it falls in line with your financial capacity and discretionary fund.

[JayJuanGee]

If a guy had spent a couple of years accumulating bitcoin, then it makes little to no sense to sell any of those coins and to gamble with all of the that was put into the accumulation of the bitcoin.  

It would seem like years of wasted effort if folks eventually sell their coins before reaching their over-accumulation.  This is coz the volatility of Bitcoin may make it nearly impossible for folks to get back Bitcoin at around the same exact price they bought if they were to practice any sort of short term sales... Selling before the intended timeline is actually gambling, and such habit is very wrong especially for those who intends to build a very strong Bitcoin portfolio...

You must have made a mistake in your post, since many times people are selling an then they want to buy back at a certain percentage below the price that they sold, and not necessarily at the price that they had bought.

So if they sell, they might consider some kind of a target that they are going to buy back that might be 10% or more below the price that they sold.. .and if they are still accumulating, then maybe they stop their ongoing buys because they are waiting for the BTC price to drop sufficiently before they resume buying.

It can be quite stressful to be waiting, and the BTC price might go up rather than down, and they might decide to "wait it out" for several weeks, or even longer.    So they are both putting themselves into a wrong mindset, and they are coupling their bad mindset with bad practices in which they are not even building up their bitcoin holdings.

So, yeah, they put themselves into a kind of gambling mindset and a gambling practice and their bitcoin holdings is not growing.. unless they get lucky and the price ends up going down to their target price.. and sure, it might end up happening, and they may or may not stick with their conviction to buy at their target price... or they might rethink the matter and decide to wait longer for even cheaper bitcoin prices.

In my own experiences, I recall so many times when guys were talking about dips that did not end up happening, so there were bitcoin holders/accumulators who sold some or all of their bitcoin out of expectations to buy back more BTC cheaper, yet they ended up with either fewer coins or having to spend a lot more money to try to build their bitcoin back up to its previous size.

What you said sir, ascertain's why it is almost impossible for folks to outsmart the market or to perfectly predict Bitcoin's price movement.. Sure everyone of us are filled with different expectations about the price of Bitcoin, but then as investors who are yet to reach their investments timeline, their focus should be on consistently accumulating Bitcoin, without attempting to time the price or engage in any sort of unnecessary sales..

It can be easy to lose focus so if a guy had been accumulating for the past two years, maybe he bought a lot of his bitcoin at prices much greater than $100k, so then now he is thinking that he screwed up and he should have had waited and he could have had gotten 35% more bitcoin, so then his second guessing of his past bitcoin buys might cause him to either stop buying bitcoin or even to keep his focus on ongoing bitcoin accumulation.

I might try to suggest to just keep buying and don't let their average cost per BTC to bother them, and even there can be advantages in buying bitcoin at lower prices since the new purchases would bring down the average cost per BTC, even if it continues to be a slow process to bring down their costs per BTC.

And when they reach their investments goal, they are free to implement the sustainable withdrawal Rate (SWR) or any other kind of preferred withdrawal practices....

So yeah, of course, it takes a while to reach such status that starting to withdraw from the BTC holdings starts to make sense. ... There could be a period time that ONLY ongoing and persistent BTC accumulation is taking place no matter the BTC price, but then as the BTC stash is getting larger, there might be some calculations that are made in regards to the efficiencies of the buys and whether buying all of the time is still making sense... and there might even  be a period of time in which no buys are being made and no sales are being made, yet also the formulas for starting to withdraw do  not make sense, yet, either... so there could be a decent amount of time, before sustainable withdrawal is either seeming to be justifiable which means that it does not start yet... and let some time pass, even if the stack is not getting larger and it is not getting smaller either... it is just being held and calculations about it are being made.

I had a separate account that I had set up in late 2022 that was going to be authorized to have withdrawals based on formulas in my time-based sustainable withdrawal system, yet between about September 2022 and February 2023, the person who was administering the account did not want to make withdrawals within the formulas that I had authorized (beyond making merely some very small test withdrawals from time to time), and that mostly delay in withdrawing from the account related to how low the BTC price was relative to the 200-WMA.. .. so the delay in starting the withdrawals allowed for the BTC to be worth more (in dollar terms) starting in March 2023... even though the BTC price really did not start to recover from the 2022/2023 crash until about October 2023... so the withdrawal values became much more meaningful starting in November 2023 and thereafter...yet they still followed a formula that allowed the withdrawal amounts to make sense  ( In this post, you can see some variations in regards to how such an account (with a hypothetical 21 bitcoin starting amount) could have had been managed between October 2022 and Febuary 2024)

[Makus]

Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

I think you don't really understand how this discretionary works because when investing in Bitcoin you can not possibly sort out or figure out funds that you won't need to use for 4 years at a time but rather it gotten as we progress in our Bitcoin investment, we get our investment money from leftover in our income and for a beginner the best strategy to use is the DCA because it will allow someone to invest at any price because often time beginners are scared of investing at any price because they lack knowledge.

@Grease5000 shared a naive investment mindset there. To invest with bitcoin in a long term thinking you bound to have a solid source of income from where you can be raising your discretionary funds to constantly purchase bitcoin through the DCA method of stacking.

The money you are thinking presently of not having a use for it in the next 4 years, an emergency financial situation that demands money to sort it can arise in less than 6 months from when you would have lump-sum bought with all that money you thought you will not have need for it till 4 years.

I think you guys are getting Grease5000's comment all wrong. You're too quick to jumping into conclusion, he said money you won't be needing for the next 4 years and he went ahead to give a more detailed information ("money that when it is removed won't trigger any emotional response") this statement seem more like removing a portion of your savings in fiat or from your discretionary income to invest in bitcoin remember he didn't give any explanation if the hypothetical person or third person has a source of income that can cater for his monthly expenses and still has discretionary income. However I think it's better to ask the person's to give a better explanation of what they mean than to try to build your own conceptual meaning from their statement which might be wrong and misleading.

With a source of solid income you can create an emergency funds, to prevent a premature sell of investment dew to rising emergency call. Having such funds prepares and makes an investor ready for what challenges lies ahead from the market and real world complexities.

This is why we need to prioritize our emergency fund whether you have a solid source of income or not, it's just a basic financial management procedure that people do take to help them stay relaxed in emergencies rather than panicking due to lack of money to sort it out. Besides when implemented it helps you to secure your investment, business or future money for your monthly expenses which is why it is best to build emergency fund alongside your bitcoin portfolio irrespective of how slow or fast it seems to you. One great tip is, the chances of becoming successful with your bitcoin investment for long term also depends on your emergency fund.

[Solokan]

[Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

Yes, it's true that for now, basic knowledge is the most important thing. By understanding BTC investment, we will understand the proper way to invest in BTC and the risks involved. Essentially, the money used to invest in BTC needs to be money you're prepared to lose, or it could come from discretionary income. We can use any strategy to buy BTC, but the most important thing is patience, discipline, and the ability to hold btc for the long term. If we can't hold BTC for the long term, we'll struggle to achieve success,

However, while reading the theory about investing in btc may seem easy, sometimes it's not as easy as imagined in practice. I've experienced this myself. Fortunately, because I frequently discuss things here, I've been able to hold on to btc. The most difficult temptation for me is when bitcoin hits a new ATH, like recently. Do you feel the same way?,,

[Bigjoe33]

I completely get you on this. Waiting to learn more before investing will benefit you because you will get more skills.Bitcoin investment does not require extensive research; all you need is a basic understanding of how and where to buy and hold bitcoin. Once you've acquired this fundamental understanding, It is preferable to preserve reserved funds so that if a DIP occurs, people can utilize the reserved funds to acquire bitcoin at a low cost while leaving their initial accumulated quantity unchanged.

You don't need to wait to learn everything and/or learn more before start your investment, no. What you actually need to begin your investment is the knowledge and/or ability to figure out what your discretionary income is, and you can start your investment right away. While investigating, you can continue your learning process. Learning is a continuous process and doesn't stop in a day, so waiting to learn more before starting will delay your investment and will be keeping you away from investing. It's best to start immediately if you are able to discover your discretionary, and then you can learn more as you are already investing.

[IceLincoln]

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.

Yes brother you are right, but how do we know when the price of Bitcoin will decrease and when it will increase. In my opinion, the price of Bitcoin will increase day by day and so from now on we have to invest in Bitcoin through DCA. We hope that Bitcoin will reach $100000 one day. This is a long term investment where there is nothing to fear. We just have to have confidence and patience in ourselves then we will get success one day.

You are correct that a DCA strategy generally presumes that the price of the asset is going up.

However i would hardly consider you to be long term oriented if you are merely looking at the price to get to $100k. 

What are you going to do when the BTC price reaches $100k?  Sell?

I would consider a bitcoin investment to be 4-10 years or longer, and most instances it would be longer than 10 years, unless you have some age or health reason that would cause you to not be able to commit for 10 years or longer.

If you are price oriented or you have shorter timelines or maybe you are shooting for some consumption item or inferior investment, then then you are largely using bitcoin to trade.  I don't recommend trading bitcoin, even though there are quite a few people who still have been profitable from trading.

I think there’s an error in the number of zeros they intended to write cos you can’t write $100k price tag as target and still think it as a long term investment, $100k can be closed in a short time and we’ve seen it before so taking that as a mark is absolutely wrong. If you were to place a price target maybe $500k-1M can be considered.
The investment itself is flawed if it’s based on price tag, bitcoin is one of the best assets to invest in and see maximum returns but you have to be willing and disciplined to see your investments grow and last for a long term.

[Kelward]

[Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

You said that an investor has to figure out whether they have money they don't intend to use for atleast 4 years to buy Bitcoin with before they start, that is a very long time for many investors except you are very rich. Except your income perhaps comes once in every 4 years you don't have to plan how much you can afford to loose for those years before buying, for most of us we get paid in weeks and months. The important thing is that when your income drops you should first remove expenses for your basic needs then fund your discretionary funds from where you can make provision for buying Bitcoin and your other wants.

About basic knowledge it's not necessary to know everything before you start, Idea of how to download a Bitcoin wallet and reliable sources to buy from is most essential, gradually you will be increasing your knowledge. DCA strategy is the best method to buy Bitcoin as someone that wants to use amount that they can afford to loose.

[Tongley]

[Considering how volatile Bitcoin price can be it is important  to have  a basic knowledge on how to invest in Bitcoin.  One must be able to figure out whether they have money  they don't want to use for at least 4 years, money that when it is removed won't trigger any emotional response. And the second thing is to find which strategy best  fit their investment plan be it the DCA ( dollar cost averaging) or Lump Sum.  In the end building wealth with Bitcoin is not about perfect timing the market it is about discipline, patience,  risk management,  and long term thinking.

Holding your holdings for 4 years is sometimes called short-term investing. You need to set your investment horizon for at least 8 to 10 years. When you set your investment horizon for 4 years, you may not be able to reach your portfolio goals. If your income is low, then if your portfolio goal is very large, then you will never be able to reach your target return within 4 years.

We always need to invest with such an amount that even if you lose, you will not have to face a loss and will not put much pressure on your financial situation. When you invest with this amount of money, you will be able to hold it for the long term and there will be no pressure to sell before the end of the period.