Buy Buy Buy or Sell Sell Sell?

[MissNonFall9]

You should never invest in Bitcoin for a short period of time, as the chances of making a profit are very low. But whenever you are involved in Bitcoin investment for a long period of time, the chances of making a profit will definitely be higher. Because the price of Bitcoin has definitely increased in the past, so long-term investment proves that it definitely increases the power of making a profit. And long-term Bitcoin investment provides more investment opportunities, due to which a low-income person can increase his portfolio by repeatedly purchasing Bitcoin according to the DCA method.

Just because Bitcoin has provided good returns in the past over the long term does not mean it will do so in the future because Bitcoin is a volatile currency, but we expect that investing in Bitcoin over the long term will make us profitable. However, consistently investing in Bitcoin using a dollar cost averaging system will help us average out our purchase price and reduce risk relatively. Consistently investing in Bitcoin will help us buy more Bitcoin at a lower price when the price of Bitcoin falls and will help us grow our portfolio when the price of Bitcoin rises.

[barisbilgili]

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

That's true as you said, but in my opinion, there is another beneficial aspect of accumulating Bitcoin using the DCA strategy, which is being able to stabilize finances without being disrupted by the investments we make. After that, there are many other positive sides, such as being able to maintain this investment for the long term without any reason to liquidate it due to urgent needs. So, from my previous investing experience, we really need to stabilize our finances in life so that investments can proceed according to plan.

[Emjay24]

let’s be realistic here, buying the dip is one of strategies of accumulating bitcoin,

Yes... But a wrong strategy to employ when you're new to bitcoin since you don't have any bitcoin, you should be more focused in building out a descent portfolio for yourself with consistency and commitment and not just timing the market to buy a dip.

and there are different type of persons into Bitcoin accumulation, there are those that their nature of job keeps them very occupied that most of the time they forget to buy on a regular basis,

This is where commitment and good management of cashflow comes in comes in, if they're committed to their accumulation journey, they would make their regular buy a priority and allocate funds to both their regular buys and building out backup funds as soon as they've received their income and removed their expenses. Let's be frank here, no one is too busy for what he/she prioritizes.

those set of persons, as their incomes arrive, they might decide to lump sum,

Without first removing money for their expenses?
How are they even sure they have such large discretionary income to lump sum?
I would consider such actions inappropriate. The first thing an investor does when the income arrives is to remove his expenses budget from the income, then he can invest and build backup funds from the remnants which would be his discretionary income.

[Showlove01]

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

That's true as you said, but in my opinion, there is another beneficial aspect of accumulating Bitcoin using the DCA strategy, which is being able to stabilize finances without being disrupted by the investments we make. After that, there are many other positive sides, such as being able to maintain this investment for the long term without any reason to liquidate it due to urgent needs. So, from my previous investing experience, we really need to stabilize our finances in life so that investments can proceed according to plan.

What is the difference between stabilizing one's finance and being able to sort out a discrestionary income? You seems to be confuse here because if someone can be able to sort out their discretionary income from their salary or wages it means they have settled everything that needs to be settle already. Is not possible for someone to sort out a discrestionary income without stabilizing their finance. Holding for a long term is a mindset not about stabilize finance because people still panic and sell even when they are stable.

[Obulis]

My own principle is to buy when the price is down and sell when it's high. In this period, bitcoin has been unstable recently and it's down in rate. so I'll advice that if you want to invest, this is the best time because definitely, bitcoin is going to rise in value very soon.

You're advising people to invest in bitcoin and same time you are indirectly encouraging same people to sell their bitcoin when in profits which makes you sound like a trader. Your advice is wrong, selling your bitcoin stash prematurely and starting afresh again is a trader mentality. I ain't sure if a lot of traders have being able to transform their financial lives through trading bitcoin as a lot of them seems to be making peanuts instead of large profits.

Bitcoin has proven to be much profitable for the long term. It's high time you quit trading your bitcoin stash for cheaper gains that won't change your financial status in the future and start investing for the long term because that is the better way to make profits in bitcoin.

That's not an advice any longer, it's deception and contradiction and mene is not sounding like a trader, mene is a trader, it's that simple . It's a fact that majority of traders are in loses and trading is a discouragement to people (newbies) who hears about Bitcoin without proper clarification between trading and long-term holding.

[Merit.s]

I never knew of dividing capital into 10 parts to buy the dips at $70k, $69k, and so on.
‎My question is if the market suddenly bounces back before all 10 orders are filled, do you just market buy the rest, or do you wait for the next cycle?

You don't need to wait for no reason but to continue buying overtime. Why will one wait for another four years because he wants to buy bitcoin at his same budgeted price when bitcoin might not dip to that price in the next circle.

‎I’ve been reading a lot about extreme fear in the market lately with Bitcoin moving around $66k.
‎Is it better to just start a small DCA now, or is it wiser to wait until the bearish streak some analysts are talking about settles down? I don't want to be a gambler, but I also don't want to miss the boat.

If you don't want to be a gambler or a low coiner in future, it's better that you start investing with DCA and start small till you have build your confidence based on your experience in the market through regular buys. You might be waiting and bitcoin wouldn't reach your dip price, that will make you wait till infinity as a no coiner. It's better to be a low coiner than a no coiner.

[ChocolateBitcoinK]

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

That's true as you said, but in my opinion, there is another beneficial aspect of accumulating Bitcoin using the DCA strategy, which is being able to stabilize finances without being disrupted by the investments we make. After that, there are many other positive sides, such as being able to maintain this investment for the long term without any reason to liquidate it due to urgent needs. So, from my previous investing experience, we really need to stabilize our finances in life so that investments can proceed according to plan.

We must take care of these things so that the money we invest does not put any pressure on our daily expenses or urgent needs later. Because by destroying the balance of the daily financial situation, we will not be able to survive in any investment, but rather it can lead us to greater failure. That is why it is important to first ensure financial stability at the beginning of the investment, in fact, long-term survival in investment is not very easy, it is as easy as it seems, in reality when we go to do it, we will have to face various problems, and all of these will have to be controlled with our management, and for this control, we first need to have that ability, power and mentality.

[Kelward]

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

The best time to buy anything is when the price drops so you will be in profit when it increases in price but Bitcoin DCA long term investment doesn't quite follow this pattern. When you're specifically on DCA strategy to accumulate Bitcoin for many years it is better not to wait for dip before you buy because it can cause distractions for the smooth running of the long term accumulation plan. Since we expect that Bitcoin will increase more than any price we buy presently even if we're buying at ATH we should concentrate on continues accumulation rather than waiting for a perfect entry point into the market before buying.

[Arenga pinnata]

Basically, everyone has their own way of investing. Investment methods aren’t limited to DCA; there are other approaches as well. In fact, some people with substantial capital are eager to invest directly in Bitcoin. However, they divide their large capital into 10 parts. They analyze the market over the medium term, and when they see the potential for a bearish market, they begin placing 10 buy orders simultaneously at 10 different price levels as the price drops. They place buy orders at each 1,000 USD price drop, for example, at 70k, 69k, 68k, and so on. And this technique, similar to averaging down, is actually quite effective for those with substantial capital who are fully committed to the long term.

I think this is quite accurate considering that dividing into 10 parts is certainly a reasonable thing for someone to do at least to meet the needs of what can be done for DCA. There are Bitcoin investment methods ranging from approaches so that with a limited timeframe they can indirectly apply it to market analysis. If the division does not align with expectations it may be more difficult to establish a specific path.

This technique is a way to justify the initial capital investment with the added benefit of avoiding further complications in committing to a specific timeframe. Even with substantial capital there's no complete confidence in carrying it out effectively. However with full commitment even if things don't happen they will yield results without our expectations being considered. For example we can see the current trend, from $120 to $66. This isn't something everyone wants but the commitment path that occurs in the market is indeed timely. Regardless of one's desires conditions remain the same regardless of our desires.

That’s absolutely right. And remember we don’t need to rush into anything. We need to research carefully and take our time. Remember, starting something is very easy. But starting at the right time is what’s difficult. because it requires thorough preparation and planning.. and when it comes to Bitcoin investment, I think we’re talking about a very long-term investment. not just 3 or 5 years, but over 10 years. So we don’t need to rush as if we’re about to miss the boat.

We just need to thoroughly analyze everything, set aside “cold” money for the long term that won’t disrupt our financial stability. Then, once everything is prepared, we can choose which accumulation method best suits our circumstances. DCA is suitable for those who can only set aside money at specific intervals, such as weekly or monthly. For those who own their own business, they can even invest whenever they generate profits from their business. Or if they have a large savings account ready to be transferred into Bitcoin investments, they can also do so gradually, for example, by using “Average Down” or similar strategies, such as accumulating entries at specific price levels.

We’re acting for the long term, not for medium- or short-term trading. So there’s no need to rush, as if driven by the fear of missing out on price movements.

[Grease5000]

My own principle is to buy when the price is down and sell when it's high. In this period, bitcoin has been unstable recently and it's down in rate. so I'll advice that if you want to invest, this is the best time because definitely, bitcoin is going to rise in value very soon.

You're advising people to invest in bitcoin and same time you are indirectly encouraging same people to sell their bitcoin when in profits which makes you sound like a trader. Your advice is wrong, selling your bitcoin stash prematurely and starting afresh again is a trader mentality. I ain't sure if a lot of traders have being able to transform their financial lives through trading bitcoin as a lot of them seems to be making peanuts instead of large profits.

Bitcoin has proven to be much profitable for the long term. It's high time you quit trading your bitcoin stash for cheaper gains that won't change your financial status in the future and start investing for the long term because that is the better way to make profits in bitcoin.

That's not an advice any longer, it's deception and contradiction and mene is not sounding like a trader, mene is a trader, it's that simple . It's a fact that majority of traders are in loses and trading is a discouragement to people (newbies) who hears about Bitcoin without proper clarification between trading and long-term holdin

Buying of bitcoin.only price is more of a trader approach, because an investor whose have a long time plan of accumulating bitcoin for the long will either use the DCA or lump sum method to buy bitcoin using discretionary income only.
In this case the DCA is better suited because investor can buy more  amount.of bitcoin with same amount  when price dip. In all to be successful patience, confidence and consistency is needed because at last Bitcoin reward not those who seek short term gains but those who seek Long term growth.

[Joy- maker]

Just because Bitcoin has provided good returns in the past over the long term does not mean it will do so in the future because Bitcoin is a volatile currency,

You are saying nonsense, because Bitcoin will still be profitable in the future. And as for your information volatility is not only a risk in Bitcoin, it is also the reason why bitcoin has produced high returns in the past. And the reason why some investors still chose to invest in Bitcoin despite the uncertainty are:

Bitcoin is unique, only 21 million coins will ever exist, on like the traditional money that government can print as much money as they want.

Secondly, Even though the probability of success is not guarantee 100%, investors still chose it because the payoff can justify the risk.

Last but not list, investors still chose to invest in bitcoin because of growing global adoption, because despite Bitcoin volatile adoption keeps increasing.

[Proty]

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

The best time to buy anything is when the price drops so you will be in profit when it increases in price but Bitcoin DCA long term investment doesn't quite follow this pattern. When you're specifically on DCA strategy to accumulate Bitcoin for many years it is better not to wait for dip before you buy because it can cause distractions for the smooth running of the long term accumulation plan. Since we expect that Bitcoin will increase more than any price we buy presently even if we're buying at ATH we should concentrate on continues accumulation rather than waiting for a perfect entry point into the market before buying.

it is only best to buy when the price is low and to sell when it is high when we are focused on quick profit. For those that aren't buying bitcoin to make quick profit, they can buy whenever they have discretionionary income using DCA strategy and being consistent with there bitcoin accumulation by so doing they would have end up building up a good portfolio. To me the best time to buy anything is when you have the cash to do so and bitcoin it is when the discretionionary income is available and not necessarily when the price is low as you may think.

[Humblevirus]

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

The best time to buy anything is when the price drops so you will be in profit when it increases in price but Bitcoin DCA long term investment doesn't quite follow this pattern. When you're specifically on DCA strategy to accumulate Bitcoin for many years it is better not to wait for dip before you buy because it can cause distractions for the smooth running of the long term accumulation plan. Since we expect that Bitcoin will increase more than any price we buy presently even if we're buying at ATH we should concentrate on continues accumulation rather than waiting for a perfect entry point into the market before buying.

Anytime is the best time to buy Bitcoin, because it is very possible that a person waiting for the price of Bitcoin to drop may never see the price they have in mind. As long as they intend to keep their Bitcoin for a long period of time, it is possible that they will still make a reasonable profit.Most of the time, those who use the DCA method are people who do not have a large amount of money, or those whose income comes in monthly or weekly, or those who are afraid that the price of Bitcoin may drop. If someone strongly believes in Bitcoin investment, investing their money at once should not be a big problem.I know that the DCA strategy is one of the best ways to accumulate Bitcoin, but that does not mean that if someone does not use the DCA method, they cannot make a reasonable profit.

[Silikiem]

Basically, everyone has their own way of investing. Investment methods aren’t limited to DCA; there are other approaches as well. In fact, some people with substantial capital are eager to invest directly in Bitcoin. However, they divide their large capital into 10 parts. They analyze the market over the medium term, and when they see the potential for a bearish market, they begin placing 10 buy orders simultaneously at 10 different price levels as the price drops. They place buy orders at each 1,000 USD price drop, for example, at 70k, 69k, 68k, and so on. And this technique, similar to averaging down, is actually quite effective for those with substantial capital who are fully committed to the long term.

I think this is quite accurate considering that dividing into 10 parts is certainly a reasonable thing for someone to do at least to meet the needs of what can be done for DCA. There are Bitcoin investment methods ranging from approaches so that with a limited timeframe they can indirectly apply it to market analysis. If the division does not align with expectations it may be more difficult to establish a specific path.

This technique is a way to justify the initial capital investment with the added benefit of avoiding further complications in committing to a specific timeframe. Even with substantial capital there's no complete confidence in carrying it out effectively. However with full commitment even if things don't happen they will yield results without our expectations being considered. For example we can see the current trend, from $120 to $66. This isn't something everyone wants but the commitment path that occurs in the market is indeed timely. Regardless of one's desires conditions remain the same regardless of our desires.

That’s absolutely right. And remember we don’t need to rush into anything. We need to research carefully and take our time. Remember, starting something is very easy. But starting at the right time is what’s difficult. because it requires thorough preparation and planning.. and when it comes to Bitcoin investment, I think we’re talking about a very long-term investment. not just 3 or 5 years, but over 10 years. So we don’t need to rush as if we’re about to miss the boat.

We just need to thoroughly analyze everything, set aside “cold” money for the long term that won’t disrupt our financial stability. Then, once everything is prepared, we can choose which accumulation method best suits our circumstances. DCA is suitable for those who can only set aside money at specific intervals, such as weekly or monthly. For those who own their own business, they can even invest whenever they generate profits from their business. Or if they have a large savings account ready to be transferred into Bitcoin investments, they can also do so gradually, for example, by using “Average Down” or similar strategies, such as accumulating entries at specific price levels.

We’re acting for the long term, not for medium- or short-term trading. So there’s no need to rush, as if driven by the fear of missing out on price movements.

You don’t need too much of research works before you can start investing In bitcoin. A basic knowledge is good to start with bitcoin investment. The most important thing you need to research on is to check if you have a discretionary income to use for bitcoin accumulation. So it’s advisable to start investing in bitcoin immediately our discretionary income is ready, we don’t need to  delay starting accumulating bitcoin because of too many research works as we can always learn more and gain more experience along the line and make some important investments decision while ongoingly accumulating and investing In bitcoin. It might take you years trying to research about bitcoin and those years gone would have been used to accumulate some reasonable amount of bitcoin stash and hold, bitcoin is a very volatile asset and you could be missing out on several buying opportunities while you’re making researches and you might still not be satisfied with your research so the best and most important thing is to get your discretionary income ready and get started immediately to accumulate bitcoin and hold for long term practice.

[Sonia_123]

My own principle is to buy when the price is down and sell when it's high. In this period, bitcoin has been unstable recently and it's down in rate. so I'll advice that if you want to invest, this is the best time because definitely, bitcoin is going to rise in value very soon.

You're advising people to invest in bitcoin and same time you are indirectly encouraging same people to sell their bitcoin when in profits which makes you sound like a trader. Your advice is wrong, selling your bitcoin stash prematurely and starting afresh again is a trader mentality. I ain't sure if a lot of traders have being able to transform their financial lives through trading bitcoin as a lot of them seems to be making peanuts instead of large profits.

Bitcoin has proven to be much profitable for the long term. It's high time you quit trading your bitcoin stash for cheaper gains that won't change your financial status in the future and start investing for the long term because that is the better way to make profits in bitcoin.

That's not an advice any longer, it's deception and contradiction and mene is not sounding like a trader, mene is a trader, it's that simple . It's a fact that majority of traders are in loses and trading is a discouragement to people (newbies) who hears about Bitcoin without proper clarification between trading and long-term holdin

Buying of bitcoin.only price is more of a trader approach, because an investor whose have a long time plan of accumulating bitcoin for the long will either use the DCA or lump sum method to buy bitcoin using discretionary income only.
In this case the DCA is better suited because investor can buy more  amount.of bitcoin with same amount  when price dip. In all to be successful patience, confidence and consistency is needed because at last Bitcoin reward not those who seek short term gains but those who seek Long term growth.

How much dip do you think will be that will be more better and cheaper than buying at your starting point, using dca with your discretionary income keeps you buying persistently consistently and ongoingly for a long-term without waiting for the dip before accumulation.

 DCA gives you that opportunity to firmly invest in bitcoin little by little for a long-term until you are financially stable and wishes to adopt another strategy of investment to accumulate.

[Solokan]

You should never invest in Bitcoin for a short period of time, as the chances of making a profit are very low. But whenever you are involved in Bitcoin investment for a long period of time, the chances of making a profit will definitely be higher. Because the price of Bitcoin has definitely increased in the past, so long-term investment proves that it definitely increases the power of making a profit. And long-term Bitcoin investment provides more investment opportunities, due to which a low-income person can increase his portfolio by repeatedly purchasing Bitcoin according to the DCA method.

It's true that investing in BTC for a short period of time does not yield significant profits and may seem a bit like trading. However, long-term investment in BTC will maximize profits, just like those who bought BTC in the past and haven't sold it yet. It's unimaginable how large the profits are. That's an example of how long-term investment in BTC is superior compared to short-term investment in btc

Yes, that's the advantage of the DCA technique; it doesn't discriminate between rich and poor. Even with a low income, we can have a lot of BTC as long as we consistently accumulate BTC. Long-term investment in BTC is certainly very easy, and many people have proven that long-term investment in btc rarely results in losses. The losers are those who can't hold their btc for the long term

[alankasman]

That’s absolutely right. And remember we don’t need to rush into anything. We need to research carefully and take our time. Remember, starting something is very easy. But starting at the right time is what’s difficult. because it requires thorough preparation and planning.. and when it comes to Bitcoin investment, I think we’re talking about a very long-term investment. not just 3 or 5 years, but over 10 years. So we don’t need to rush as if we’re about to miss the boat.

That's what we need to do in understanding the situation and I say this not that we here don't dislike someone who does impressively but before unwanted things happen of course understanding is one of the right steps in my opinion and that is also someone's planning in achieving what is done both when starting or to anticipate the next few years so that the planning can happen according to expectations which will be good luck for the future because someone has been confirmed when starting always relies on the long term not the short term so in my opinion it is something that is worth doing and understanding first so that we will not be left behind with the planning that we have thought carefully because preparation for Bitcoin investment does not need to be done in a hurry.

[Nheer]

That’s absolutely right. And remember we don’t need to rush into anything. We need to research carefully and take our time. Remember, starting something is very easy. But starting at the right time is what’s difficult. because it requires thorough preparation and planning.. and when it comes to Bitcoin investment, I think we’re talking about a very long-term investment. not just 3 or 5 years, but over 10 years. So we don’t need to rush as if we’re about to miss the boat.

As long as you have discretionary income at your disposal you should invest right away to avoid missed opportunities. Carefully planning, researching and making thorough preparations to invest is good for the investment but it's a waste of time as the right time to invest is right away with whatever is left from your income after your expenses are met. No serious planning required to invest in Bitcoin.

The best time to buy anything is when the price drops so you will be in profit when it increases in price but Bitcoin DCA long term investment doesn't quite follow this pattern. When you're specifically on DCA strategy to accumulate Bitcoin for many years it is better not to wait for dip before you buy because it can cause distractions for the smooth running of the long term accumulation plan. Since we expect that Bitcoin will increase more than any price we buy presently even if we're buying at ATH we should concentrate on continues accumulation rather than waiting for a perfect entry point into the market before buying.

You're right waiting for the dip is a total waste of time and also as you wait for the dip the price might go higher and you miss out on buying Bitcoin at that price which results to waste of opportunity. Bitcoin has potential to grow in future and that's why even with DCA you can accumulate a decent amount of Bitcoin over time. DCA strategy has proven to be an effective strategy and a very useful one as it makes investing affordable and accessible to almost everyone and also reduces the risk. It is best suited for long term investment plan. Although for Bitcoin I will say the best to buy is now as long as you're using DCA strategy you don't have to worry about waiting for the price to drop.

[Bryan jessy]

One good thing about the DCA patterns of buying bitcoin is that it allows an investor to buy bitcoin at any market price, so you won’t say that the DCA have a particular best time to buy, the only best time to buy bitcoin With the DCA is when an investor have a discretionary income to use for bitcoin accumulation. Anyone who’s ongoingly buying bitcoin with the DCA will have the experience of buying bitcoin regularly at any market price as he don’t have to wait for any time of the market before buying bitcoin. Once the investor is able to figure out a discretionary income is the best time to just buy bitcoin with the DCA method and hold for long term.

That's true as you said, but in my opinion, there is another beneficial aspect of accumulating Bitcoin using the DCA strategy, which is being able to stabilize finances without being disrupted by the investments we make. After that, there are many other positive sides, such as being able to maintain this investment for the long term without any reason to liquidate it due to urgent needs. So, from my previous investing experience, we really need to stabilize our finances in life so that investments can proceed according to plan.

We must take care of these things so that the money we invest does not put any pressure on our daily expenses or urgent needs later. Because by destroying the balance of the daily financial situation, we will not be able to survive in any investment, but rather it can lead us to greater failure. That is why it is important to first ensure financial stability at the beginning of the investment, in fact, long-term survival in investment is not very easy, it is as easy as it seems, in reality when we go to do it, we will have to face various problems, and all of these will have to be controlled with our management, and for this control, we first need to have that ability, power and mentality.

The only way an investor can keep his hands off his investment is, if he has something else to fall back on without disturbing his assets, that is the major reason it is advisable to be financially stable before engaging in investment else the person will not grow not even a bit because as he will be tempted to go back to his investment, no human can advance financial with this act, but with something else to hold on with them the long term investment becomes the best option and the investor grows financially, so having other means of income is best as it sustains and help with solving other personal issues involving money.

[Barikui1]

The only way an investor can keep his hands off his investment is, if he has something else to fall back on without disturbing his assets, that is the major reason it is advisable to be financially stable before engaging in investment else the person will not grow not even a bit because as he will be tempted to go back to his investment, no human can advance financial with this act, but with something else to hold on with them the long term investment becomes the best option and the investor grows financially, so having other means of income is best as it sustains and help with solving other personal issues involving money.

I think that you are wrong with your sentiment here, you don't need to be stable financially before you can easily invest in Bitcoin and be successful, all you just need is a discretionary income to invest with, and it's through that discretionary income you put down measures like emergency and reserve funds in place, so that you can be able to hold strong during times of financial challenges.
So if you think that you must be stable financially before you can invest and be successful, you are wrong, because in most cases, we have seen those with stable income struggle or are unable to figure out their discretionary income, so what am trying to say is that discretionary income is what is needed to invest in Bitcoin and be successful, not by having a stable income as you are proclaiming.