Buy Buy Buy or Sell Sell Sell?

[SOKO-DEKE]

Dude stable source of income is not compulsory in Bitcoin investment though it may be very good but it is not compulsory as long as you can get your discrestionary income and also keep your emergency funds in case of any challenge. A wise investor and one who is prepared will never sell their investment because of complications in their source of income because they ought to have planned out everything in a way that won't drive them to selling.

Your point is valid for those person that have been in Bitcoin for a very long and has gained verse knowledge on it, not to newbie coming in to start from scratch. To a no coiner or newbie, I’ll recommend you get a regular source of income before embarking on Bitcoin accumulation. Let say for instance, a newbie that was motivated by the lifestyle of an influencer or someone close to hi
 that has been in Bitcoin for years want to start accumulating bitcoin and he doesn’t have a regular source of income, if he should come across this your reply and do as you’ve described, it’ll only be a matter of time before start taking funds from the little stash of bitcoin he has accumulated.

What is important to start Bitcoin investment is discretionary income, not necessarily a stable source of income. Whether it is a newbie or any other person, discretionary income is what is compulsory to start Bitcoin investment.There are some people who do not receive salaries or wages, but the amount of money they get after a few months or at the end of the year is more than what some people earn over five years. This kind of person can start their Bitcoin investment as long as they have discretionary income.

It is not necessary for someone to wait until they have a stable source of income before starting Bitcoin investment. In fact, let us understand that a stable source of income does not guarantee discretionary income. There are some people who have been getting paid weekly for a long time, yet they have never had discretionary income because what they earn cannot solve all their problems. Some even go to the extent of borrowing to meet their needs.So, let us make it clear that a stable or regular source of income does not guarantee that someone can start investing. What is compulsory is discretionary income.

[Queen Julie]

Dude stable source of income is not compulsory in Bitcoin investment though it may be very good but it is not compulsory as long as you can get your discrestionary income and also keep your emergency funds in case of any challenge. A wise investor and one who is prepared will never sell their investment because of complications in their source of income because they ought to have planned out everything in a way that won't drive them to selling.

I totally disagree with you, I think before you start accumulating bitcoin, you should have a source of income. From my little experience I believe someone without a source of income cannot make any plans, I see it as just dreams rather than a plan.
Firstly you need a source of income for you to have emergency fund, discretionary funds etc. This things a planned,  so how will someone without a steady income make this plan when he is not sure of when he is getting the next money. You should be sure of the amount of money you are getting on a regular,  before you can make such plans. Just imagine someone without a steady source of income starts accumulating bitcoin and they have an emergency,  and they don't have enough in their emergency funds, don't you think they will definitely sell the bitcoin they have accumulated to solve the emergency. So I think steady source of income is very important,  before you start accumulating bitcoin.

[Agathamay]

To be financial free or rich, people must know importance of risk management and always try to minimize risk against their finance as most as possible. It's because if they can manage risk well, they will reduce probability of losing their money with any decision, and if they also have ability to find chances of getting profit from their initial capital, they will get richer over time.
The challenge is they don't need to get rich quick, just get rich is enough as time flies fast and they will become considerable richer over time. The most important task for them to do is managing risk well, and minimize loss as lowest as possible, then they will succeed with financial free target in the future.

However I believe it is difficult for everyone to understand how to achieve freedom by minimizing financial risk because currently many people don't understand the most important thing understanding the risks they will accept. Therefore people tend to reduce the decisions they make to their ability to find and reap the benefits they achieve.

It is true that there is no need to get rich quickly but many people will not want what you mentioned because all groups of people when seeking wealth of course the main thing they think about is how to get rich quickly even though as you mentioned wealth will be determined by time and how we use that time so that our goal of becoming rich is achieved, maybe this should start with carrying out our main tasks in doing things related to work so that in doing this of course we will protect the risks that we anticipate and also we will not experience the risks that become obstacles for us to become rich.

To avoid all of these grammars, just hold
I think telling people to simply buy and hold will end all these long debates and i understand that the debate is about the price fluctuations while holding but except the person is an immature holder, there shouldn't be any reason to panic while holding and while we advise people to buy and hold, we should also prioritize telling them to use only discretional funds to buy as this will help to reduce the pressure of wanting to sell for unnecessary reason.

[Joeboy]

~snip

I totally disagree with you, I think before you start accumulating bitcoin, you should have a source of income. From my little experience I believe someone without a source of income cannot make any plans, I see it as just dreams rather than a plan.
Firstly you need a source of income for you to have emergency fund, discretionary funds etc. This things a planned,  so how will someone without a steady income make this plan when he is not sure of when he is getting the next money. You should be sure of the amount of money you are getting on a regular,  before you can make such plans. Just imagine someone without a steady source of income starts accumulating bitcoin and they have an emergency,  and they don't have enough in their emergency funds, don't you think they will definitely sell the bitcoin they have accumulated to solve the emergency. So I think steady source of income is very important,  before you start accumulating bitcoin.

Discretionary income doesn't only come from having a source of income.. Truth be told, folks can literally generate their discretionary income from varied sources... Discretionary income could come from gift/ or say bonuses you receive from friends/or family, you could as well get it from allowance you get maybe from your parent or so... And so when kickstarting your investment your priority should be on the availability of your discretionary income and not necessarily on having a source of income... The reason for this is that there could very well be times when folks may be having their discretionary income yet they are still unable to realize their discretionary income due to low income or irrelevant expenses...

[Sulegzy39]

What is required to begin Bitcoin investment is discretionary income, which is not necessarily a reliable source of income. Whether you are a rookie or not, you must have discretionary income to begin investing in Bitcoin.Some people do not receive salaries or wages, but the money they receive after a few months or at the end of the year exceeds what some people make over five years. This type of person can begin their Bitcoin investment as soon as they have discretionary funds.

[Showlove01]

To be financial free or rich, people must know importance of risk management and always try to minimize risk against their finance as most as possible. It's because if they can manage risk well, they will reduce probability of losing their money with any decision, and if they also have ability to find chances of getting profit from their initial capital, they will get richer over time.
The challenge is they don't need to get rich quick, just get rich is enough as time flies fast and they will become considerable richer over time. The most important task for them to do is managing risk well, and minimize loss as lowest as possible, then they will succeed with financial free target in the future.

However I believe it is difficult for everyone to understand how to achieve freedom by minimizing financial risk because currently many people don't understand the most important thing understanding the risks they will accept. Therefore people tend to reduce the decisions they make to their ability to find and reap the benefits they achieve.

It is true that there is no need to get rich quickly but many people will not want what you mentioned because all groups of people when seeking wealth of course the main thing they think about is how to get rich quickly even though as you mentioned wealth will be determined by time and how we use that time so that our goal of becoming rich is achieved, maybe this should start with carrying out our main tasks in doing things related to work so that in doing this of course we will protect the risks that we anticipate and also we will not experience the risks that become obstacles for us to become rich.

To avoid all of these grammars, just hold
I think telling people to simply buy and hold will end all these long debates and i understand that the debate is about the price fluctuations while holding but except the person is an immature holder, there shouldn't be any reason to panic while holding and while we advise people to buy and hold, we should also prioritize telling them to use only discretional funds to buy as this will help to reduce the pressure of wanting to sell for unnecessary reason.

The price fluctuations should not be an issue because without the variation, Bitcoin will be worthless because it will just remain constant in a particular price just like those shitcoin and memecoin that has dump long time ago. However, using discretionary income won't make someone not to panic or sell premature because there are folks that have decided to hold for a short period of time with their discretionary income and when they are not seeing what they expected they will began to panic so it's not just using discretionary income but also the kind of mindset and plan we have.

[MissNonFall9]

, but if we are not financially stable or do not have a clear idea about our spending, savings and risk taking ability then investing will become a risky business for us. Please forgive me if my words are wrong.

You don't need to be financially stable before you can invest in bitcoin because you only need your discretionary income to invest. This is why a new investor needs to study his own cash inflow and first figure out if he has a discretionary income or not before he can start his bitcoin investment.

Discretionary income means the leftover cash after you must have taken care of your basic needs and monthly expenses. It doesn't matter how much it is even though, it as small as $10 and above, you can still buy bitcoin with it.

If you want to wait to be financially stable before you start investing, you might end up not investing at all because more responsibilities can keep on popping up. If you don't have a steady discretionary income, you should buy bitcoin whenever, your discretionary is available and look for other means of income like getting a second job or learning a skill or go and get a higher qualification to increase your income.

If you have an additional income, that can be your discretionary and you can use part of it to DCA regularly, weekly, persistently and consistently and if possible buy aggressively. It's good you learn good financial management of your cash inflow as your are investing so that you can channel your income to the appropriate places.

It is absolutely true that if we wait for financial solvency to invest in Bitcoin, we will not be able to invest in it for the rest of our lives. We breathe a sigh of relief after any problem is solved, thinking that no more dangers may come. But ultimately, a new problem arises and we get busy again. Therefore, there is absolutely no need to wait for the perfect time to invest in Bitcoin because the perfect time will never come in life. Therefore, I think it would be wise to start investing with whatever discretionary income we can get without delay. And if the discretionary income increases later, it would be better to form an emergency fund from it that will protect the Bitcoin investment. But is it always right to invest in Bitcoin aggressively?

[Nheer]

~snip

I totally disagree with you, I think before you start accumulating bitcoin, you should have a source of income. From my little experience I believe someone without a source of income cannot make any plans, I see it as just dreams rather than a plan.
Firstly you need a source of income for you to have emergency fund, discretionary funds etc. This things a planned,  so how will someone without a steady income make this plan when he is not sure of when he is getting the next money. You should be sure of the amount of money you are getting on a regular,  before you can make such plans. Just imagine someone without a steady source of income starts accumulating bitcoin and they have an emergency,  and they don't have enough in their emergency funds, don't you think they will definitely sell the bitcoin they have accumulated to solve the emergency. So I think steady source of income is very important,  before you start accumulating bitcoin.

Discretionary income doesn't only come from having a source of income.. Truth be told, folks can literally generate their discretionary income from varied sources... Discretionary income could come from gift/ or say bonuses you receive from friends/or family, you could as well get it from allowance you get maybe from your parent or so... And so when kickstarting your investment your priority should be on the availability of your discretionary income and not necessarily on having a source of income... The reason for this is that there could very well be times when folks may be having their discretionary income yet they are still unable to realize their discretionary income due to low income or irrelevant expenses...

A lot of people misunderstand the idea of discretionary income. It can come from different sources and doesn’t necessarily have to be tied to a steady income stream. While Having a steady source of income can support your investment in many ways It allows you to invest consistently and manage risks properly and also stay committed to your long term financial goals without unnecessary pressure but not having one shouldn’t stop you from getting started. What matters most is making use of whatever resources you have to start investing other than money needed for essential expenses and building the habit of investing consistently.

Not realizing discretionary income is mostly as a result of excessive spending and poor financial discipline where people are not able to differentiate between essential needs and wants and makes them to spend money on things that doesn't really matter. This is usually because of proper financial management and prioritization.

[virasog]

What is required to begin Bitcoin investment is discretionary income, which is not necessarily a reliable source of income. Whether you are a rookie or not, you must have discretionary income to begin investing in Bitcoin.Some people do not receive salaries or wages, but the money they receive after a few months or at the end of the year exceeds what some people make over five years. This type of person can begin their Bitcoin investment as soon as they have discretionary funds.

Well not everybody has discretionary income, so what does it mean that they do not invest in Bitcoin ? I think everybody has a different story, has a different lifestyle and has a different way of earning money and if one is willing to invest in Bitcoin, he will be able to do it, no matter he is very rich or poor.

Need to have an investment mindset and then the savings will already , will always come and you will always find a way to save money and invest in Bitcoin.  Not having investment mindset, I have seen people who are too rich but they are too afraid to invest.

[Soldroplet]

What is required to begin Bitcoin investment is discretionary income, which is not necessarily a reliable source of income. Whether you are a rookie or not, you must have discretionary income to begin investing in Bitcoin.Some people do not receive salaries or wages, but the money they receive after a few months or at the end of the year exceeds what some people make over five years. This type of person can begin their Bitcoin investment as soon as they have discretionary funds.

I agree with you because when someone invests in Bitcoin, they need a discretionary income. Because it is foolish to invest in Bitcoin with money saved for urgent needs like education, medical care, future for children. And the person who started the thread asked in March 2024 if it is worth buying Bitcoin now! Buying and selling Bitcoin is entirely up to you, currently Bitcoin is in a bear market.The good thing for those who invest in the DCA method is that if the price of Bitcoin drops, they will have an opportunity to buy and hold Bitcoin. Because the price of Bitcoin will increase a lot!

[ChocolateBitcoinK]

, but if we are not financially stable or do not have a clear idea about our spending, savings and risk taking ability then investing will become a risky business for us. Please forgive me if my words are wrong.

You don't need to be financially stable before you can invest in bitcoin because you only need your discretionary income to invest. This is why a new investor needs to study his own cash inflow and first figure out if he has a discretionary income or not before he can start his bitcoin investment.

Discretionary income means the leftover cash after you must have taken care of your basic needs and monthly expenses. It doesn't matter how much it is even though, it as small as $10 and above, you can still buy bitcoin with it.

You said it well, I also agree with you. In my opinion, anyone who has the ability to invest should invest if they want to, but it should be a long-term plan. If someone can make a long-term plan of a few years and can be a little patient by investing in Bitcoin, then I hope they will definitely be able to benefit a lot.

It is not possible to get anything good from Bitcoin without a long-term perspective, many people make decisions hoping for short-term gains, but the reality is that to be successful, especially in assets like Bitcoin, a long-term perspective is essential. There will be fluctuations in the market, sometimes the price will fall and sometimes it will rise, but if someone can accept this natural cycle and maintain a well-planned goal for a few years, then their chances of success increase significantly. Trying to achieve sudden short-term gains can put you in more losses, but a long-term mindset can give you a much better chance of success.

[Joy- maker]

Dude stable source of income is not compulsory in Bitcoin investment though it may be very good but it is not compulsory as long as you can get your discrestionary income and also keep your emergency funds in case of any challenge. A wise investor and one who is prepared will never sell their investment because of complications in their source of income because they ought to have planned out everything in a way that won't drive them to selling.

I totally disagree with you, I think before you start accumulating bitcoin, you should have a source of income. From my little experience I believe someone without a source of income cannot make any plans, I see it as just dreams rather than a plan.

the person you quoted is not really talking source of income, rather stable source of income. beside you don't need to have a source of income before you can get started with bitcoin, and your discretionary income doesn't have to come only from your main source of income. your discretionary income can also come from your side hustle, passive income, gift or bonus and from your other investments. So it is not about where the money come from, but about what is leftover after settling your necessary expenses.

[NewRevelation]

Dude stable source of income is not compulsory in Bitcoin investment though it may be very good but it is not compulsory as long as you can get your discrestionary income and also keep your emergency funds in case of any challenge. A wise investor and one who is prepared will never sell their investment because of complications in their source of income because they ought to have planned out everything in a way that won't drive them to selling.

I totally disagree with you, I think before you start accumulating bitcoin, you should have a source of income. From my little experience I believe someone without a source of income cannot make any plans, I see it as just dreams rather than a plan.
Firstly you need a source of income for you to have emergency fund, discretionary funds etc. This things a planned,  so how will someone without a steady income make this plan when he is not sure of when he is getting the next money.

When we say source of income, it's quite different from a steady income. You might have a source of income but it might NOT be steady. This means that someone who has at least a source of income can at least invest in Bitcoin even though it may not be steady, and off course, there investment might be delayed due to there lack of steady income, but he can still invest in Bitcoin.

Waiting to have a steady income before you begin your investment isn't good enough because it will make you not to start and can prevent you from growing your investment. So, you can start your investment anytime your income comes in, settling your basic needs and then figuring out your discretionary from it and investing, while also looking out for modernities with which you can increase your income overtime

[Merit.s]

. However, using discretionary income won't make someone not to panic or sell premature because there are folks that have decided to hold for a short period of time with their discretionary income and when they are not seeing what they expected they will began to panic so it's not just using discretionary income but also the kind of mindset and plan we have.

New investors can panic when they see a dip, it is a norm but not to the point of selling their bitcoin in losses. This is why if you're a new investor who doesn't have confidence in bitcoin, you should invest with little amount as small as $10 or more till you have gained experience in the market with your regularly weekly ongoing DCA.

When your confidence have increased, you can increase your DCA amount and invest aggressively. It's good to have a long-term investment mindset and a bitcoin target to keep you focus on your bitcoin accumulation.

[Silikiem]

Dude stable source of income is not compulsory in Bitcoin investment though it may be very good but it is not compulsory as long as you can get your discrestionary income and also keep your emergency funds in case of any challenge. A wise investor and one who is prepared will never sell their investment because of complications in their source of income because they ought to have planned out everything in a way that won't drive them to selling.

I totally disagree with you, I think before you start accumulating bitcoin, you should have a source of income. From my little experience I believe someone without a source of income cannot make any plans, I see it as just dreams rather than a plan.
Firstly you need a source of income for you to have emergency fund, discretionary funds etc. This things a planned,  so how will someone without a steady income make this plan when he is not sure of when he is getting the next money.

When we say source of income, it's quite different from a steady income. You might have a source of income but it might NOT be steady. This means that someone who has at least a source of income can at least invest in Bitcoin even though it may not be steady, and off course, there investment might be delayed due to there lack of steady income, but he can still invest in Bitcoin.

Waiting to have a steady income before you begin your investment isn't good enough because it will make you not to start and can prevent you from growing your investment. So, you can start your investment anytime your income comes in, settling your basic needs and then figuring out your discretionary from it and investing, while also looking out for modernities with which you can increase your income overtime

Bitcoin investment is not a do or die affair as many people may think. Now with the introduction of the DCA method of buying bitcoin folks can be able to buy bitcoin at their own will and is not a must to be buying everyday or every week and is not mandatory you must buy All your bitcoins accumulation target at once. With this method now, even if an individual doesn’t have a stable source of income he can still be able to buy bitcoin and hold anytime he or she is able to get a discretionary income to use for buying bitcoin. There’s no deadline of accumulating bitcoin, if you don’t buy today due to lack of funds you shouldn’t worry as you can always buy some other time when the discretionary funds is available. Folks only needs a discretionary income to use for buying bitcoin and not a stable income. Truth be told, having a stable income is good but however folks without a stable income can still buy whenever they are able to get a discretionary income. Folks shouldn’t wait until they have a stable income before they can start to invest in bitcoin as what is only needed here is just a discretionary income, having a stable income isn’t a guarantee that you must have a discretionary income because without the right financial management skill there’s a possibility of not even figuring out a discretionary income from it to use for buying bitcoin.

[Emjay24]

the person you quoted is not really talking source of income, rather stable source of income. beside you don't need to have a source of income before you can get started with bitcoin, and your discretionary income doesn't have to come only from your main source of income. your discretionary income can also come from your side hustle, passive income, gift or bonus and from your other investments. So it is not about where the money come from, but about what is leftover after settling your necessary expenses.

I disagree with you, you should have a source of income but not necessarily a stable source of income, as long as you can identify to having discretionary income from your inflow, then you are ready to start investing. If you don't have a source of income, how then do you get discretionary income to invest into bitcoin and build out backup funds and where do you get the cashflow to remain consistent if there is no source of it.

Having a source of income is an important factor in order to keep having the discretionary income to remain invested into bitcoin for longer and be able to build your backup funds simultaneously in order to have a smooth bitcoin investment journey

[Bright0515]

. However, using discretionary income won't make someone not to panic or sell premature because there are folks that have decided to hold for a short period of time with their discretionary income and when they are not seeing what they expected they will began to panic so it's not just using discretionary income but also the kind of mindset and plan we have.

New investors can panic when they see a dip, it is a norm but not to the point of selling their bitcoin in losses. This is why if you're a new investor who doesn't have confidence in bitcoin, you should invest with little amount as small as $10 or more till you have gained experience in the market with your regularly weekly ongoing DCA.

When your confidence have increased, you can increase your DCA amount and invest aggressively. It's good to have a long-term investment mindset and a bitcoin target to keep you focus on your bitcoin accumulation.

When it comes to Bitcoin investment everything is mindset. It's not actually based on the amount most people put on investment but their mindset is the real deal there, without a disciplined mindset they will give up on Bitcoin investment because they focus on short term profits as they want to escape poverty asap, meanwhile becoming rich through Bitcoin investment is not a day thing mostly when someone is using DCA method to buy Bitcoin. Also buying Bitcoin aggressively doesn't guarantee a successful investment because without a proper mindset all effects will be in vain.

One point most new investors miss is they don't understand that experience builds confidence on investment. Many successful investors have learned a lot from investment because at the beginning they stated small with DCA method, so the more they buy and hold also the more they get exposed to Bitcoin investment. One thing that keeps people going forward and achieving their goal is the fact that they don't start big and rushing into something they don't know about. They start small and learn from evey mistakes they make and they do better next time (they dint give up). On a contrary, which most of them started big with all their money and they lose it, there's no way they could continue because they don't have any more capital.

Long term plan has more chances of success than a short term plan. The reason why long term plan has higher chances of success is because there's always UPs and DOWNs in the market, which gives short term plan a very slim chance of success. So when someone invest in Bitcoin for a short term they will definitely sell at loss one in no distant time.
It's better to be consistent on accumulating more Bitcoin and to focus more on long term plan so that if there's a dip they will not panic or sell at loss. Constant Bitcoin accumulation is the key to build a good Bitcoin portfolio.

[abaeze]

, but if we are not financially stable or do not have a clear idea about our spending, savings and risk taking ability then investing will become a risky business for us. Please forgive me if my words are wrong.

You don't need to be financially stable before you can invest in bitcoin because you only need your discretionary income to invest. This is why a new investor needs to study his own cash inflow and first figure out if he has a discretionary income or not before he can start his bitcoin investment.

Discretionary income means the leftover cash after you must have taken care of your basic needs and monthly expenses. It doesn't matter how much it is even though, it as small as $10 and above, you can still buy bitcoin with it.

You said it well, I also agree with you. In my opinion, anyone who has the ability to invest should invest if they want to, but it should be a long-term plan. If someone can make a long-term plan of a few years and can be a little patient by investing in Bitcoin, then I hope they will definitely be able to benefit a lot.

It is not possible to get anything good from Bitcoin without a long-term perspective, many people make decisions hoping for short-term gains, but the reality is that to be successful, especially in assets like Bitcoin, a long-term perspective is essential. There will be fluctuations in the market, sometimes the price will fall and sometimes it will rise, but if someone can accept this natural cycle and maintain a well-planned goal for a few years, then their chances of success increase significantly. Trying to achieve sudden short-term gains can put you in more losses, but a long-term mindset can give you a much better chance of success.

Just as we understand now, if one looks at the price difference of 1 year or at least 6 months ago, then the obvious thing will be understood. Although it takes a long time for Bitcoin to fall from its highest price and then reach the new ATH again, and in the meantime, if one continues to accumulate regularly through DCA with discipline, one can really make a good profit from bitcoin, if one can wait until the new ATH price. Therefore, one must set a real long-term investor mind set instead of short-term trading attitude if one wants to be successful with Bitcoin. Because over time, people see how Bitcoin works, which increases the knowledge and confidence of investing in Bitcoin in the long term. Since everyone's risk-taking ability is different, investment should be long-term and based on the understanding and comfort of the person.

[ruykeri]

What is required to begin Bitcoin investment is discretionary income, which is not necessarily a reliable source of income. Whether you are a rookie or not, you must have discretionary income to begin investing in Bitcoin.Some people do not receive salaries or wages, but the money they receive after a few months or at the end of the year exceeds what some people make over five years. This type of person can begin their Bitcoin investment as soon as they have discretionary funds.

I agree with you because when someone invests in Bitcoin, they need a discretionary income. Because it is foolish to invest in Bitcoin with money saved for urgent needs like education, medical care, future for children. And the person who started the thread asked in March 2024 if it is worth buying Bitcoin now! Buying and selling Bitcoin is entirely up to you, currently Bitcoin is in a bear market.The good thing for those who invest in the DCA method is that if the price of Bitcoin drops, they will have an opportunity to buy and hold Bitcoin. Because the price of Bitcoin will increase a lot!

DCA gives you the opportunity to buy Bitcoin at a low price. But its purpose is not to buy at a low price or to buy Bitcoin at an average price and hold it. All these things are the good side of DCA. DCA basically helps the investor to act as a correct way to buy Bitcoin consistently. Because in the case of volatile assets like Bitcoin, DCA is the best way to do it with regular discretionary income. Having a backup fund can help reduce the financial and mental stress of the investor a lot.

[BlackBoss_]

To avoid all of these grammars, just hold

Bitcoin investors don't mind about grammars. What're you talking about grammars here?

Investors need to hold their bitcoins after buying, I agree.

I think telling people to simply buy and hold will end all these long debates and i understand that the debate is about the price fluctuations while holding but except the person is an immature holder, there shouldn't be any reason to panic while holding and while we advise people to buy and hold, we should also prioritize telling them to use only discretional funds to buy as this will help to reduce the pressure of wanting to sell for unnecessary reason.

Bitcoin investors who are able to hold their bitcoins don't mind about price changes even big changes in short term, not price fluctuations. You know fluctuations mean non-big changes so they're not enough to make people either panic or fearful.

Such people are able to hold their bitcoins because they already prepared well from their finance to investment capital, then psychology before starting their investment and Bitcoin purchases. Without these things, asking any people to hold their bitcoin through crashes and bear markets is very challenging and it's almost impossible with many people.

Behavorial challenges of market cycles.