Buy Buy Buy or Sell Sell Sell?

[Brizi5000]

In a situation where one with the intention of buying Bitcoin and holding for the long term bought Bitcoin and after sometime the price drops and keeps devaluing for a long time.

As an investor what will be your response to this, your opinions will be highly appreciated,

to answer your question, firstly you have to understand that price fluctuations are what is associated with bitcoin as its very volatile so when we see such price drop we dont have to panic but rather we should seize that opportunity and take advantage of such moment and accumulate more bitcoin and hodl to build our portfolio to our level of accumulation target or over accumulation. traders who are only in for short and fast profit making mindset are the ones who should be worrying about this situation and not a true bitcoin investor whose purpose is focus on the long term goal of investment.

[Solokan]

Those who can afford it will invest in Bitcoin. Those who will not face any problem if they lose some money. But it is true that investing in Bitcoin does not require much money. You can start investing with a small capital and it has to be invested through DCA. We do not get immediate results by investing in Bitcoin, so we have to wait for at least 5-10 years. Then we can be profitable in BTC.

Those who invest in BTC must be resilient in everything because they must be prepared to lose the money used to buy BTC, for example, due to a price drop. Patience is certainly essential, as holding BTC long-term is certainly not easy, especially when the price is rising, sometimes when you want to take advantage of it, such as trading.

Yes, investing in BTC is easy because you can start with small or large capital. Using the DCA strategy is the most suitable, especially during a bearish market like the current one, which is certainly even more suitable. However, it's important to pay attention to reserve and emergency funds. Without emergency funds and reserve funds, many people fail to hold BTC long-term. Long-term investment in BTC and waiting 5 or 10 years is certainly not easy. However, if you use money you can afford to lose and have a steady and stable income in the real world, you will certainly be able to wait, even if it's long.

[Makus]

In a situation where one with the intention of buying Bitcoin and holding for the long term bought Bitcoin and after sometime the price drops and keeps devaluing for a long time.

As an investor what will be your response to this, your opinions will be highly appreciated,

to answer your question, firstly you have to understand that price fluctuations are what is associated with bitcoin as its very volatile so when we see such price drop we dont have to panic but rather we should seize that opportunity and take advantage of such moment and accumulate more bitcoin and hodl to build our portfolio to our level of accumulation target or over accumulation. traders who are only in for short and fast profit making mindset are the ones who should be worrying about this situation and not a true bitcoin investor whose purpose is focus on the long term goal of investment.

You have to be more realistic with what you're opinion, imagine building your bitcoin investment and emergency funds same time and probably using the DCA strategy which means you're buying bitcoin regularly and exhaust the money ment for investment every month, how do you then seize the dip opportunity by buying more? Do you intend to just produce money with magic? If you exhaust your discretionary for that month there is no way you can invest in bitcoin except you get more discretionary.
Besides there is no way you're going to hold your bitcoin to over accumulation stage, you get to the overaccumulation stage by accumulating bitcoin, after that then the holding stage where you have to keep up your holding until you get to your targeted timeline of probably a decade.

[Gallar]

if unemployed people invest in assets, I think it will clearly make their lives much more uncomfortable. Moreover, investing in Bitcoin, which is essentially a long-term investment, will certainly be very burdensome for those who don't have a job. Therefore, those who don't have a job should clearly invest in honing their skills or learning new ones, and that is clearly very good.

Anyone that doesn't have a job can still invest in bitcoin if he has a discretionary income. It's a discretionary income that's needed to invest in bitcoin and not a job because a job cannot guarantee you a discretionary income since people are out there working but at the end of the day, their income is unable to meet up with their basic needs and monthly expenses.

I might be without a job but have a means of income that I can get a discretionary income from and put it into bitcoin. For instance, I inherited a building and collects rent from it. I can invest with 10% of the money into bitcoin whenever, I get paid monthly. However, having a regular discretionary income makes it very easy for you to be consistent and persistent with your DCA and keep your bitcoin accumulation ongoing.

Someone without a job can start his bitcoin investment even though, he can't buy regular but once in a while provided he continues to hodli and don't sell since he used his discretionary. It's when you sell that it becomes gambling

Yes, if the context is like that, it's clear that Bitcoin investment can still be done. But what I'm referring to here is people who are truly unemployed and have no other income. At that point, investing will undoubtedly be extremely difficult. However, if the context is as you say, such people can still invest in Bitcoin because, essentially, even if they don't have a job, they still have income.

But not everyone has an inheritance or other sources of income besides the job they may have or must find. So, for such people, Bitcoin investment is clearly very difficult. They certainly won't have discretionary income, as their living expenses are likely sometimes difficult to meet.

[Barikui1]

Yes, if the context is like that, it's clear that Bitcoin investment can still be done. But what I'm referring to here is people who are truly unemployed and have no other income. At that point, investing will undoubtedly be extremely difficult. However, if the context is as you say, such people can still invest in Bitcoin because, essentially, even if they don't have a job, they still have income.

But not everyone has an inheritance or other sources of income besides the job they may have or must find. So, for such people, Bitcoin investment is clearly very difficult. They certainly won't have discretionary income, as their living expenses are likely sometimes difficult to meet.

Why most people here are emphasizing on having a job is that it's that job that stands as a source of income where you can get your discretionary income from, not that all jobs guarantees discretionary income.
Some take home salary are just too small, and having a discretionary income from it is extremely difficult, so when you find yourself in such a mess, the logical thing to do is to look for a way on how to increase your source for discretionary income, by having other sources of income, not by giving up on your bitcoin investment journey.
Secondly, we should take note that their is no way a Bitcoin investor can generate a discretionary income if he has no income coming in or he has nothing doing, so at that point looking for a way on how he can be getting his discretionary income through a source of income is what should be his priority, nothing else.

[gracreavix]

Yes, I agree with you, my friend. Fundamentally, it's true that whether we have a job or not, we still need to invest. However, the difference between those who have a job and those who don't is clearly in the type of investment they make. For those who already have a job, investing in Bitcoin can clearly be a good option. But for those who don't have a job, the investment they need to make is clearly in their own brains, namely learning new skills or honing existing ones to improve them.

This way, they will certainly be hired more quickly. Because if unemployed people invest in assets, I think it will clearly make their lives much more uncomfortable. Moreover, investing in Bitcoin, which is essentially a long-term investment, will certainly be very burdensome for those who don't have a job. Therefore, those who don't have a job should clearly invest in honing their skills or learning new ones, and that is clearly very good.

Very correct GeorgeJohn, having a job won't secure our future cause we could end up losing or job and go back to square one but with a good investment like Bitcoin. There's hope that our financial freedom in the future secured, which is why everyone who's investing in it should take it seriously and do it rightly.

 I highlighted doing it rightly cause some people do things that would hinder their effort on the long run, you can't be trying to secure financial freedom in the future with a short-term mentality cause an investment is meant to be for long-term but some people make that mistake and feel they're right.

Bro, we should not be downplaying the important of having a job or a steady source of income just because we believe Bitcoin can secure the future.

This is the reason why I always say we should try to be more realistic with our conversations here and not just be yapping theory. Because if we are being honest.  how do you expect to stay consistent with Bitcoin accumulation if you don’t have a job or some of income?

Bitcoin is a long term investment, yes. But that consistency we always talk about DCA, stacking, holding and all, all of that money has to come from somewhere.

So please guys, if you do have a job or wherever you earn a living from, try as much as possible to be diligent with it. Do your work well, protect that income stream, then with that level of discipline stay consistent with your Bitcoin accumulation.

Because whether we like it or not, we still need a way to earn first before we can invest.

[ultrloa]

Yes, I agree with you, my friend. Fundamentally, it's true that whether we have a job or not, we still need to invest. However, the difference between those who have a job and those who don't is clearly in the type of investment they make. For those who already have a job, investing in Bitcoin can clearly be a good option. But for those who don't have a job, the investment they need to make is clearly in their own brains, namely learning new skills or honing existing ones to improve them.

This way, they will certainly be hired more quickly. Because if unemployed people invest in assets, I think it will clearly make their lives much more uncomfortable. Moreover, investing in Bitcoin, which is essentially a long-term investment, will certainly be very burdensome for those who don't have a job. Therefore, those who don't have a job should clearly invest in honing their skills or learning new ones, and that is clearly very good.

Very correct GeorgeJohn, having a job won't secure our future cause we could end up losing or job and go back to square one but with a good investment like Bitcoin. There's hope that our financial freedom in the future secured, which is why everyone who's investing in it should take it seriously and do it rightly.

 I highlighted doing it rightly cause some people do things that would hinder their effort on the long run, you can't be trying to secure financial freedom in the future with a short-term mentality cause an investment is meant to be for long-term but some people make that mistake and feel they're right.

Bro, we should not be downplaying the important of having a job or a steady source of income just because we believe Bitcoin can secure the future.

This is the reason why I always say we should try to be more realistic with our conversations here and not just be yapping theory. Because if we are being honest.  how do you expect to stay consistent with Bitcoin accumulation if you don’t have a job or some of income?

Bitcoin is a long term investment, yes. But that consistency we always talk about DCA, stacking, holding and all, all of that money has to come from somewhere.

So please guys, if you do have a job or wherever you earn a living from, try as much as possible to be diligent with it. Do your work well, protect that income stream, then with that level of discipline stay consistent with your Bitcoin accumulation.

Because whether we like it or not, we still need a way to earn first before we can invest.

They believe to much on Bitcoin that's why they have said those things, but actually our consistency with our investment will actually depends on our stable income, We could get that by having a stable job since steady source of income will play huge role on our investments. Since without having reliable source of income our accumulation will not became sustainable and they might face lots of issue which can possibly cause a total failure.

They could have great foundation if they know how to protect their job and became well discipline with their income. Then after that Bitcoin will come after, so choose the best approach and invest wisely to increase their chance to succeed on their long term investment on Bitcoin.

[As-Soon-As]

In a situation where one with the intention of buying Bitcoin and holding for the long term bought Bitcoin and after sometime the price drops and keeps devaluing for a long time.

As an investor what will be your response to this, your opinions will be highly appreciated,

to answer your question, firstly you have to understand that price fluctuations are what is associated with bitcoin as its very volatile so when we see such price drop we dont have to panic but rather we should seize that opportunity and take advantage of such moment and accumulate more bitcoin and hodl to build our portfolio to our level of accumulation target or over accumulation. traders who are only in for short and fast profit making mindset are the ones who should be worrying about this situation and not a true bitcoin investor whose purpose is focus on the long term goal of investment.

By acquiring the DCA method, a Bitcoin investor can make his Bitcoin investment more long-term, so if he has to face danger with his Bitcoin investment, then it is certainly important for him to at least preserve his Bitcoin investment in the long term by creating an emergency fund. If he follows the Bitcoin DCA method with a small amount of money according to his ability and maintains the continuity of purchases, then he will definitely be the best strategy for success.

[Cyber_warrior]

They believe to much on Bitcoin that's why they have said those things, but actually our consistency with our investment will actually depends on our stable income, We could get that by having a stable job since steady source of income will play huge role on our investments. Since without having reliable source of income our accumulation will not became sustainable and they might face lots of issue which can possibly cause a total failure.

They could have great foundation if they know how to protect their job and became well discipline with their income. Then after that Bitcoin will come after, so choose the best approach and invest wisely to increase their chance to succeed on their long term investment on Bitcoin.

It's good to believe in something and believing in Bitcoin investment means you have the right mindset towards it but that doesn't mean we will approach investing recklessly without a stable income enough to sustain your daily expenses. Do not put money you need for daily expenses on the line because profit is not guaranteed with Bitcoin investment or any investment so investing so having a stable job is important. It's not ideal to invest and be dependent on the profit of Bitcoin, it's not ideal, that way the success of your investment will be threatened.

Plan your investment carefully and set aside emergency funds because it's not just about investing it's about protecting your investment too until the goal is achieved.

[Brizi5000]

In a situation where one with the intention of buying Bitcoin and holding for the long term bought Bitcoin and after sometime the price drops and keeps devaluing for a long time.

As an investor what will be your response to this, your opinions will be highly appreciated,

to answer your question, firstly you have to understand that price fluctuations are what is associated with bitcoin as its very volatile so when we see such price drop we dont have to panic but rather we should seize that opportunity and take advantage of such moment and accumulate more bitcoin and hodl to build our portfolio to our level of accumulation target or over accumulation. traders who are only in for short and fast profit making mindset are the ones who should be worrying about this situation and not a true bitcoin investor whose purpose is focus on the long term goal of investment.

You have to be more realistic with what you're opinion, imagine building your bitcoin investment and emergency funds same time and probably using the DCA strategy which means you're buying bitcoin regularly and exhaust the money ment for investment every month, how do you then seize the dip opportunity by buying more? Do you intend to just produce money with magic? If you exhaust your discretionary for that month there is no way you can invest in bitcoin except you get more discretionary.
Besides there is no way you're going to hold your bitcoin to over accumulation stage, you get to the overaccumulation stage by accumulating bitcoin, after that then the holding stage where you have to keep up your holding until you get to your targeted timeline of probably a decade.

i was only purely suggesting that instead of panicking about a price drop that it will be better to seize that opportunity to buy more at such a reduced price and hold because at that moment of price dropping even if an investor doesn't have an already reserved funds for the dip buying, the said investor who is ongoingly buying with the dca method with his discretionary income either weekly or monthly can still take advantage of such market price, and if he might have probably exhausted his discretionary income for the week or month, he still dont need to put himself in a pressure since hes dcaing he can still probably figure out another discretionary income the following week or month to still buy and take advantage of  such a reduced price again since the  question was about price dropping for a long time that means he still have advantage of buying the upper week or month or when his discretionary income is ready, no matter how little he bought it is still an advantage because you cannot compare some one who bought bitcoin when price was at lets say $50k and someone who buys when the price is at $90k and so on.

[LGD2Business]

The point here is not about the amount but rather if the discretionionary income or spare amount. This is what is needed to start investing in bitcoin so if don't have Discretionary income then you are not to invest in bitcoin using money that is meant for your monthly expenses. So this people are right because they are supposed to have Discretionary income before they can buy bitcoin. The $5 you made mention of, if it is not discretionionary income then you are not supposed to used it to buy bitcoin because when the need arise you may fall back to your bitcoin holdings.

Sorry buddy but that sounds like a lame excuse to me. If you don't even have $5 to spare, you need to reevaluate your life. Try to change your habits. Don't buy junk food for a week, you won't die. If you smoke, cut back. If you drink coke, don't drink it for a month. It'll be good for your body and you can buy coins with that money. Instead of making excuses, come up with solutions. Small things add up to a huge investment in the long run. Your life won't change overnight, but you'll gain discipline and be more successful in life.

[DubemIfedigbo001]

In a situation where one with the intention of buying Bitcoin and holding for the long term bought Bitcoin and after sometime the price drops and keeps devaluing for a long time.

As an investor what will be your response to this, your opinions will be highly appreciated,

to answer your question, firstly you have to understand that price fluctuations are what is associated with bitcoin as its very volatile so when we see such price drop we dont have to panic but rather we should seize that opportunity and take advantage of such moment and accumulate more bitcoin and hodl to build our portfolio to our level of accumulation target or over accumulation. traders who are only in for short and fast profit making mindset are the ones who should be worrying about this situation and not a true bitcoin investor whose purpose is focus on the long term goal of investment.

You have to be more realistic with what you're opinion, imagine building your bitcoin investment and emergency funds same time and probably using the DCA strategy which means you're buying bitcoin regularly and exhaust the money ment for investment every month, how do you then seize the dip opportunity by buying more? Do you intend to just produce money with magic? If you exhaust your discretionary for that month there is no way you can invest in bitcoin except you get more discretionary.

Building's your bitcoin portfolio and backup funds does not in any way prevent you from taking advantage of the dipped to purchase more. There are several ways and personal can prepared beforehand to buy the dip including keeping some fraction of his regular buy amounts, like 20% of it stacked up over and period of time and retrieving it when the dipped he is comfortable with presents itself and get more quantities either by lump summing or increasing his DCA buy amounts force aside long as the stacked up funds can carry him.

Besides there is no way you're going to hold your bitcoin to over accumulation stage, you get to the overaccumulation stage by accumulating bitcoin, after that then the holding stage where you have to keep up your holding until you get to your targeted timeline of probably a decade.

In have little difficulty understanding this part, but I would like to point out that while you accumulate, you would still need to hold it so that it stacks up until you get to your target and probably above it which is over accumulation stage. There is no way you are getting there if you are not holding even while you buy more.

[Kelward]

The point here is not about the amount but rather if the discretionionary income or spare amount. This is what is needed to start investing in bitcoin so if don't have Discretionary income then you are not to invest in bitcoin using money that is meant for your monthly expenses. So this people are right because they are supposed to have Discretionary income before they can buy bitcoin. The $5 you made mention of, if it is not discretionionary income then you are not supposed to used it to buy bitcoin because when the need arise you may fall back to your bitcoin holdings.

Sorry buddy but that sounds like a lame excuse to me. If you don't even have $5 to spare, you need to reevaluate your life. Try to change your habits. Don't buy junk food for a week, you won't die. If you smoke, cut back. If you drink coke, don't drink it for a month. It'll be good for your body and you can buy coins with that money. Instead of making excuses, come up with solutions. Small things add up to a huge investment in the long run. Your life won't change overnight, but you'll gain discipline and be more successful in life.

Our priorities are different what is important to you might be least important to me, what I mean is that if two different Bitcoin investors are earning same amount say $100 in a week you don't expect that they must have the same amount in their discretionary funds. When funds enters your discretionary funds after taking care of your basic expenses you still have to figure out how much you are comfortable to buy Bitcoin with.

There should be room for flexibility in your discretionary funds meaning that your wants can overtake themselves in your hierarchy of your discretionary wants. If you're not meeting up to buy Bitcoin with amount that suits you and your income is where it is what you can do is either cut your expenses from your other wants or try to hustle more and increase your income.

[Princess Leah]

Bro, we should not be downplaying the important of having a job or a steady source of income just because we believe Bitcoin can secure the future.

This is the reason why I always say we should try to be more realistic with our conversations here and not just be yapping theory. Because if we are being honest.  how do you expect to stay consistent with Bitcoin accumulation if you don’t have a job or some of income?

Bitcoin is a long term investment, yes. But that consistency we always talk about DCA, stacking, holding and all, all of that money has to come from somewhere.

So please guys, if you do have a job or wherever you earn a living from, try as much as possible to be diligent with it. Do your work well, protect that income stream, then with that level of discipline stay consistent with your Bitcoin accumulation.

Because whether we like it or not, we still need a way to earn first before we can invest.

You're right dear i take corrections on that, I didn't read all his context before concluding so I take by my words cause having a job is very essential for consistency, without it I don't know how the investor would be able to generate their discretionary funds for investment, thanks for the correction.

 You're right, so far one can generate income, the person is in a good position for Bitcoin investment and better than someone who can't, the person with a job would be able to manage the risk properly due to consistency with the DCA.

[MissNonFall9]

I disagree with  the statement " Investment does not mean that you are willing to lose money" that is totally wrong because starting any Investment be it Bitcoin investment or whatsoever Investment is already willingness to accept anything that will come out from it and these things can either be loss or profit because two things are always involve in Investment or business which is loss and profit so you are totally wrong. The discretionary income we use to invest in Bitcoin is a money we can afford to lose in other words it is a money or funds we are willing to risk or lose because anyone who is not willing to lose can not use their discretionary to invest even though it is a leftover.

I also say the same thing that we humans who invest somewhere rely on the belief that we will benefit from that investment. It may be that in the case of investment, we will use discretionary income which will not disrupt our life at any urgent moment. This is called risk, we have to take such risks in the hope of getting something good, otherwise it is pointless to expect anything good in life.

[PhilosopherKing]

I completely agree just as said in most cases what really matters is for the new investor to have a little ideas of how Bitcoin roam about, more over in this aspect you can forther with bitch investment also reaching out  with your dictionary and other purposes is to work with someone that will lead you after sometimes, as an investor aim is to gain but most times it happens to be at the end you don't get what you were craving for this occurrence take place when the investor only hold it for a short period of time.

What the heck are you saying man? And what do you mean with all these crappy talk about bitch investment, dictionary and basic knowledge? To start invest people just need common sense and discretionary income. And if they have them then they can start ongoingly investing for a cycle and even more. Bitcoin is volatile so people should avoid short term investing as it can likely screw them up in ways they never thought possible. Long term investment of over a cycle is always the best.

[Shiny_L@dy]

Bro, we should not be downplaying the important of having a job or a steady source of income just because we believe Bitcoin can secure the future.
This is the reason why I always say we should try to be more realistic with our conversations here and not just be yapping theory. Because if we are being honest.  how do you expect to stay consistent with Bitcoin accumulation if you don’t have a job or some of income?
Bitcoin is a long term investment, yes. But that consistency we always talk about DCA, stacking, holding and all, all of that money has to come from somewhere.
So please guys, if you do have a job or wherever you earn a living from, try as much as possible to be diligent with it. Do your work well, protect that income stream, then with that level of discipline stay consistent with your Bitcoin accumulation.
Because whether we like it or not, we still need a way to earn first before we can invest.

You're right dear i take corrections on that, I didn't read all his context before concluding so I take by my words cause having a job is very essential for consistency, without it I don't know how the investor would be able to generate their discretionary funds for investment, thanks for the correction.
You're right, so far one can generate income, the person is in a good position for Bitcoin investment and better than someone who can't, the person with a job would be able to manage the risk properly due to consistency with the DCA.

A person with a regular job has some certainty of income, unless they become ill or lose their ability to participate in some way.
On the other hand, for those with less certainty of income, it is difficult to predict weekly or monthly income. However, if they already have cash saved up, it is advantageous to have comfort in investing.

The main dilemma is whether they will have sufficient discretionary funds in the future. Even though they currently hold some money that could reasonably be considered discretionary funds, they may not feel confident enough to invest that money in Bitcoin. This confidence is directly related to their reserve funds, backup funds, and future income and certainty.

✨

[JayJuanGee]

Yes, if the context is like that, it's clear that Bitcoin investment can still be done. But what I'm referring to here is people who are truly unemployed and have no other income. At that point, investing will undoubtedly be extremely difficult. However, if the context is as you say, such people can still invest in Bitcoin because, essentially, even if they don't have a job, they still have income.

But not everyone has an inheritance or other sources of income besides the job they may have or must find. So, for such people, Bitcoin investment is clearly very difficult. They certainly won't have discretionary income, as their living expenses are likely sometimes difficult to meet.

Why most people here are emphasizing on having a job is that it's that job that stands as a source of income where you can get your discretionary income from, not that all jobs guarantees discretionary income.
Some take home salary are just too small, and having a discretionary income from it is extremely difficult, so when you find yourself in such a mess, the logical thing to do is to look for a way on how to increase your source for discretionary income, by having other sources of income, not by giving up on your bitcoin investment journey.
Secondly, we should take note that their is no way a Bitcoin investor can generate a discretionary income if he has no income coming in or he has nothing doing, so at that point looking for a way on how he can be getting his discretionary income through a source of income is what should be his priority, nothing else.

We have to be able to ongoingly support ourselves during downtimes like this in bitcoin, and surely it is likely even better to be able to keep on buying bitcoin, even if the amounts are small.

In the longer term whether it is 4-10 years or more down the road, we have to be able to survive by having most, if not all, of our bitcoin, and even better if we are continuing to grow our bitcoin along the way, even if we might only be adding 50k sats at a time.

Working is the most common way to get income and pay expenses, even though surely some folks might have other resources, yet they still have to figure out all of their sources of income to figure out if they have enough to both pay for their living expenses and continue to buy bitcoin... and if they are barely getting enough to pay for their expenses, then they may well have to discontinue buying bitcoin.. and so they have systems in place so that they can perhaps last for a while without selling any bitcoin, yet they still might have to figure out ways to increase their income and/or cut their expenses.

[edited out]

Because whether we like it or not, we still need a way to earn first before we can invest.

We likely need some stability to continue to be able to buy bitcoin, yet to get started in bitcoin, we don't need a steady job... All we need are discretionary funds and common sense... and yeah sometimes the certainty of future income/expenses is so unclear that buying bitcoin would not be a good idea.. which means that discretionary funds are not clear enough to get started... Yet, some guys fail/refuse to get started, which frequently there is importance in getting started and putting systems in place to be able to buy bitcoin, whether the starting out amount is $100, or $10 or some other amount.

[edited out]

A person with a regular job has some certainty of income, unless they become ill or lose their ability to participate in some way.
On the other hand, for those with less certainty of income, it is difficult to predict weekly or monthly income. However, if they already have cash saved up, it is advantageous to have comfort in investing.

The main dilemma is whether they will have sufficient discretionary funds in the future. Even though they currently hold some money that could reasonably be considered discretionary funds, they may not feel confident enough to invest that money in Bitcoin. This confidence is directly related to their reserve funds, backup funds, and future income and certainty.

You are correct that some folks have more certainty of future income than others, and if they end up fucking up by investing in bitcoin with money that they are going to later need for expenses, then they have regrets about their having had presumed that they had enough money to buy bitcoin, when they didn't.

Of course, we never completely know the future since we could get hit by a bus, yet at the same time, we have some level of confidence about our having income or not, and if we really are feeling doubtful about our ability to get future income, then we may well be way better off to error on the side of keeping that money in cash rather than putting it in bitcoin.... and the same is true if we are not keeping adequate back up funds, and we are ongoingly buying bitcoin and simultaneously building up our back up funds, if we end up being wrong in terms of our trying to build up both at the same time, then we have to live with our screw ups... and sometimes the screw ups our the fault of someone else, yet we are still responsible if the money did not end up coming in and we do not have enough money to cover all of our expenses for a period of time and we end up having to tap into our bitcoin at a time that was not of our choosing.

So there is one thing getting started with an initial buy of bitcoin, and perhaps we need to be somewhat liberal in regards to our first bitcoin buy and our using our first bitcoin buy to get used to how to buy bitcoin, whether that was $100 or $10 or some other amount, yet it may well be another level of making sure that we have enough money if we are ongoingly going to buy bitcoin every week or have plans in place to buy bitcoin every week no matter what, and we have to likely have enough discretionary income ongoingly coming in, and we likely have to also have a certain amount of enough back up funds in case we make mistakes in our estimations of income/expenses which end up being emergencies if we do not have enough money to cover those kinds of situations, even if they might ONLY last for short periods of time... we have to make sure that we don't fuck up to a high enough level that it takes us out.. even though surely we have to expect some mistakes here and there from time to time that we learn from our mistakes as we go, hopefully.

[GIF-JOBS]

The point here is not about the amount but rather if the discretionionary income or spare amount. This is what is needed to start investing in bitcoin so if don't have Discretionary income then you are not to invest in bitcoin using money that is meant for your monthly expenses. So this people are right because they are supposed to have Discretionary income before they can buy bitcoin. The $5 you made mention of, if it is not discretionionary income then you are not supposed to used it to buy bitcoin because when the need arise you may fall back to your bitcoin holdings.

Sorry buddy but that sounds like a lame excuse to me. If you don't even have $5 to spare, you need to reevaluate your life. Try to change your habits. Don't buy junk food for a week, you won't die. If you smoke, cut back. If you drink coke, don't drink it for a month. It'll be good for your body and you can buy coins with that money. Instead of making excuses, come up with solutions. Small things add up to a huge investment in the long run. Your life won't change overnight, but you'll gain discipline and be more successful in life.

We do not pay much attention to such small things, but when we bring them under complete control and do not spend them for a month and keep that money in one place, then we will see how big these small expenses become at the end of the month. These are small continuous expenses so we do not see their hugeness, but when we keep them for a month, then we will see how big a sum it really is. I definitely agree with you that even excluding these expenses, we can definitely use them to buy Bitcoin, in fact, if there is real willpower and purpose, then everything is possible. Instead of moving away from it, we should find a solution in some way, nothing is impossible, everything is possible with proper financial management.

[I_Anime]

I completely agree just as said in most cases what really matters is for the new investor to have a little ideas of how Bitcoin roam about, more over in this aspect you can forther with bitch investment also reaching out  with your dictionary and other purposes is to work with someone that will lead you after sometimes, as an investor aim is to gain but most times it happens to be at the end you don't get what you were craving for this occurrence take place when the investor only hold it for a short period of time.

What the heck are you saying man? And what do you mean with all these crappy talk about bitch investment, dictionary and basic knowledge? To start invest people just need common sense and discretionary income. And if they have them then they can start ongoingly investing for a cycle and even more. Bitcoin is volatile so people should avoid short term investing as it can likely screw them up in ways they never thought possible. Long term investment of over a cycle is always the best.

First I guess the bitch investment is a typing error I’m sure he or she meant BTC investment . Beside if you are holding for only short period of time then you are not ready to Maximize the opportunity in Bitcoin , when come to Bitcoin investment you should be focusing more on longterm investment , you should be patient enough to wait for long , and yes philosopherking one just need the basic knowledge and some discretionary income to start investing in bitcoin .