Buy Buy Buy or Sell Sell Sell?

[Rockson1]

Those that says that Bitcoin is a risky asset are not wrong, they are right, because Bitcoin is as risky as every other investment out there, and why it should be made known is for investors not to go all in on it, so that they wouldn't be damaged financially if their investment later didn't go as planned. So creating awareness of it risk factor is not a bad idea.

As for those that are getting involved into one shit coin or the other, it's very clear that they are doing it because of greed for 10-100x, not that they don't know the risk attached to it, which I think is more of gambling than investment.

Let's assume that you right by supporting those who claimed that Bitcoin investment is risky, whats the right, of course volatility right? Is volatility actually that risky, I'm trying to argue here but I want us to keep these facts in mind, Bitcoin might be risky but it's risk can not be compared with that of other investments, every investor is advised to invest with their discretionary income because the reason you and other reasons too, over emphasizing on these risk is what I do not like because we know that the risk can be managed very well if we understand it and to me I do not even see it as risk as such.

Shitcoins has never been an investment, it is gambling and anyone doing it should better have it mind that the possibility of him losing is very high, I think those garbages are not meant for those that has a futuristic prospect, my advise for all is think wise and think Bitcoin for a long-term investment.

[Sulegzy39]

There is no doubt that DCA is an effective method. However, DCA does not imply that a portfolio will be established effortlessly. The challenging element is sustaining cash flow for four to ten years or longer. Manage backup finances to avoid panic. Continue to buy, even if the market is down. I believe you are emphasising profit too much at the outset. Especially in the conclusion, you said something that I marked bold. Profit is not the underlying motivation for investing.


Investment is built on the accumulation process, discipline, and long-term holding ability. Profits may come later. It may not arrive in the short term. Many people do not make significant gains even after investing for two or three years. As a result, early-stage investors should prioritise the development of satellites. We should not measure profits.

[alankasman]

In addition to the important things you mentioned for investing, I believe every investor should also consider their own cash flow to ensure smooth investment operations if their investment goals are long-term. Therefore, other capital resources besides those mentioned should also be carefully considered so that using a method like DCA can feel more comfortable without delay, although this method isn't necessarily forced upon everyone. Because when knowledge is in place, fundamentals are established, and risk management is properly understood, the final step is capital in the form of money to support all the things I mentioned earlier.

Regardless of what you say the ultimate step remains about money which is the power for everyone when investing. Having various things as you mentioned is true. However a person must also have financial stability to invest. Strength in investing remains the primary capital the person's financial readiness. Ultimately they will be able to do so comfortably using the DCA method when purchasing the amount of Bitcoin that will become their savings for their future investment in Bitcoin.

[Emjay24]

then perhaps we also might identify ways that we can increase our discretionary income by increasing our income and/or cutting our expenses.

About cutting down expenses, it is important to know that most people inflate their expenses by increasing the cost of lifestyle by as ordinarily as changing the pattern of attending to their should be normal expenses and this tends to limit the discretionary income they end up having available to invest despite recording an increase in inflow,.

For example a single person who was used to cooking at home but as soon as he has more funds coming in, he stops making his meals by himself and now uses the nearby restaurant for his daily feeding and has the food delivered to him at his doorstep. I am not insinuating that doing this once in a while is wrong, but making it a habit would only end up shooting up the expenses of the investor.

We can see that he has immediately inflated his feeding costs and bears an extra cost for the delivery guy and this would increase his expenses budget simultaneously, It is important that we do not necessarily increase our lifestyle immediately to match an increase in inflow, but to allocate the increased discretionary fund into building wealth like increasing our buy amount in bitcoin. We earn the right to increase our lifestyle when it is truly necessary and when we have built out other income streams that we now have to increase it from the residual income that comes from them.

[Bluedrem]

Let's assume that you right by supporting those who claimed that Bitcoin investment is risky, whats the right, of course volatility right? Is volatility actually that risky, I'm trying to argue here but I want us to keep these facts in mind, Bitcoin might be risky but it's risk can not be compared with that of other investments, every investor is advised to invest with their discretionary income because the reason you and other reasons too, over emphasizing on these risk is what I do not like because we know that the risk can be managed very well if we understand it and to me I do not even see it as risk as such.

Shitcoins has never been an investment, it is gambling and anyone doing it should better have it mind that the possibility of him losing is very high, I think those garbages are not meant for those that has a futuristic prospect, my advise for all is think wise and think Bitcoin for a long-term investment.

When people plan for short term investment then price volatility may create inconsistency in investment that is why people are always told to plan for long term investment in Bitcoin. When a person plans for long term investment in Bitcoin i.e. at least 2-3 cycles then he has enough time to observe the market and during that time he can take appropriate decision about his Bitcoin portfolio as per the time suitable for him. I think those who are currently investing in Bitcoin for long term will not be disappointed.

[MissNonFall9]

I disagree with you on the point that Bitcoin is only for mature people.. Bitcoin is for everyone, even 10 year olds can invest their money regularly in Bitcoin. if they get a good understanding of Bitcoin from their parents, and treat it like saving in a piggy bank, then they can invest in Bitcoin and not be affected by short-term noise. especially children today are smarter, they can be guided more easily to be able to invest their money in Bitcoin and focus on doing it like saving their money and do it for the long term.

Instead of using the words adult or minor, I think it would be more appropriate to use the term mature thinking or mature mentality when investing in Bitcoin. Because mentality is more important than age for long term investment in Bitcoin. Because sometimes it is seen that an adult cannot behave maturely, while sometimes a minor is able to express mature behavior. Therefore, I think mature mentality is more reasonable for the type of investment in Bitcoin.

[B2Z]

One should not be aggressive about Bitcoin investment at all,

If an investor has the ability and if the investor feels that it is okay for him to invest aggressively at times, then I think there should be no real restrictions on them.
Suppose I am investing consistently and I have good financial support and at one point in my investment, the market suddenly went down a lot and at this time I decided not to panic but to buy more because I already have enough money, then would you prohibit me from investing in Bitcoin with a large amount of money at this time? I think taking risks at times or investing aggressively at times would depend entirely on the investor's decision and his financial situation.

if a new investor participates in Bitcoin investment with little knowledge, then he may definitely face obstacles after a few days. Therefore, it is necessary for newbies to understand it completely, there is no need to rush, a person may not be experienced in a short time, so it is necessary to explain it well here so that a new person can understand it completely and be attracted to Bitcoin investment and achieve success by investing in Bitcoin.

Your statement is that if you do not start investing in a new situation with a complete understanding of Bitcoin, the investor may be in danger later, so what advice do you give to investors who want to invest in Bitcoin? Perhaps you want to give advice that the investor should first gain a complete understanding and then invest, so you tell me that if an investor gains some understanding about investment, you will consider that idea sufficient. There is actually no need to delay in investing or wait to gain sufficient understanding about investment, rather, if an investor has some basic understanding about investment, he can start investing and after starting investing, he will gradually learn a lot about investment. If you tell him to invest with a complete understanding, he will not actually be able to start investing because he will not be able to decide when is the right time to invest. Therefore, it is wise to start investing quickly without waiting for the right time and it is more acceptable to gain an idea about investment while investing.

And let me tell you another thing that investment is always risky and an investor invests at the risk of his own money, so it cannot be said for sure that if you start investing with a complete idea, one will definitely make a profit or be successful. However, if you are patient, maintain consistency and hold the investment for a long time, it can definitely be good, which we have been able to learn from the previous market and have also got ideas from many long-term investors.

Because if Bitcoin investment is formed with attention from the beginning and the DCA method is followed, and in addition to the DCA method, an emergency fund should be formed to keep Bitcoin investment properly. In this, Bitcoin investment will have time to save enough and can grow the portfolio.

Emergency fund is very important for long-term investment but the investor should know the use of this emergency fund first. You have mentioned savings here but emergency fund is not actually considered as savings rather an investor forms an emergency fund to ensure the security of his investment. That is to say that danger may come in the future and in case of financial danger in the future so that he does not have to sell his investment suddenly but uses his emergency fund so that that financial danger can be overcome. This is why an emergency fund is formed.

[Cyber_warrior]

When people plan for short term investment then price volatility may create inconsistency in investment that is why people are always told to plan for long term investment in Bitcoin. When a person plans for long term investment in Bitcoin i.e. at least 2-3 cycles then he has enough time to observe the market and during that time he can take appropriate decision about his Bitcoin portfolio as per the time suitable for him. I think those who are currently investing in Bitcoin for long term will not be disappointed.

You sound so sure about long term investors profiting from Bitcoin as if it's guaranteed. Nothing is guaranteed with Bitcoin even if you hold for a long period of time. Investing in Bitcoin is just like every other investment there is no guarantee at all so saying people who invest for a long period of time will not be disappointed is wrong and misleading as well.

Long term investment is more ideal and gives a better chance to benefit from Bitcoin’s overall growth but that doesn't still take away the risk, volatility and uncertainty of Bitcoin and so it doesn't guarantee anything.

[Merit.s]

One should not be aggressive about Bitcoin investment at all

It's not a wrong move to invest aggressively when you can from your discretionary income because investing aggressively will help increase your bitcoin investment in a faster pace than when you have the funds to invest aggressively and you didn't. It's when you invest over aggressively that it becomes a problem since you are investing beyond your discretionary income and that becomes gambling.

 if a new investor participates in Bitcoin investment with little knowledge, then he may definitely face obstacles after a few days. Therefore, it is necessary for newbies to understand it completely, there is no need to rush, a person may not be experienced in a short time, so it is necessary to explain it well here so that a new person can understand it completely and be attracted to Bitcoin investment and achieve success by investing in Bitcoin.

A brand new investor doesn't need to have the complete knowledge of bitcoin before he can start his bitcoin investment, what he needs is the basic knowledge of bitcoin and his discretionary income. Since he's investing in long term, he has enough space to learn and grow his bitcoin investment simultaneously.

If you want to get the complete knowledge of bitcoin before getting started, you will delay yourself from getting started and miss out a lot of opportunities in the market that you should have used to grow your bitcoin portfolio to a certain size. Bitcoin knowledge is a continuous learning just like growing your bitcoin portfolio because the dev are always working on the network to keep it secured.

Knowledge without any bitcoin is useless and has nothing to show that you are a bitcoin enthusiast. It's good you get the fuck out of the no coiner zone and be a low coiner instead of having fun staying poor.

[Derekfunds]

When people plan for short term investment then price volatility may create inconsistency in investment that is why people are always told to plan for long term investment in Bitcoin. When a person plans for long term investment in Bitcoin i.e. at least 2-3 cycles then he has enough time to observe the market and during that time he can take appropriate decision about his Bitcoin portfolio as per the time suitable for him. I think those who are currently investing in Bitcoin for long term will not be disappointed.

You sound so sure about long term investors profiting from Bitcoin as if it's guaranteed. Nothing is guaranteed with Bitcoin even if you hold for a long period of time. Investing in Bitcoin is just like every other investment there is no guarantee at all so saying people who invest for a long period of time will not be disappointed is wrong and misleading as well.

Long term investment is more ideal and gives a better chance to benefit from Bitcoin’s overall growth but that doesn't still take away the risk, volatility and uncertainty of Bitcoin and so it doesn't guarantee anything.

Bitcoin investment is not actually just like every other Investment, I don't agree with that because most of the Investment you are talking about, they don't actually use discretionary income on them which means they can not afford to lose those investment but in Bitcoin investment what is advise to use is a discrestionary income ( money you can do without) and an investor who used a discretionary income won't really put all hope on it but they live with faith that it goes as planned as it has been going since it existence.

[Hardyrobust]

When people plan for short term investment then price volatility may create inconsistency in investment that is why people are always told to plan for long term investment in Bitcoin. When a person plans for long term investment in Bitcoin i.e. at least 2-3 cycles then he has enough time to observe the market and during that time he can take appropriate decision about his Bitcoin portfolio as per the time suitable for him. I think those who are currently investing in Bitcoin for long term will not be disappointed.

You sound so sure about long term investors profiting from Bitcoin as if it's guaranteed. Nothing is guaranteed with Bitcoin even if you hold for a long period of time. Investing in Bitcoin is just like every other investment there is no guarantee at all so saying people who invest for a long period of time will not be disappointed is wrong and misleading as well.

Long term investment is more ideal and gives a better chance to benefit from Bitcoin’s overall growth but that doesn't still take away the risk, volatility and uncertainty of Bitcoin and so it doesn't guarantee anything.

Bitcoin investment is not actually just like every other Investment, I don't agree with that because most of the Investment you are talking about, they don't actually use discretionary income on them which means they can not afford to lose those investment but in Bitcoin investment what is advise to use is a discrestionary income ( money you can do without) and an investor who used a discretionary income won't really put all hope on it but they live with faith that it goes as planned as it has been going since it existence.

who told you that it is only in bitcoin investment that you need to use discretionionary income. This applies to many other investment , you are not to used money that is meant for your daily expenses for investing. However, there is high risk involved in bitcoin investment hence the need to use discretionionary. This doesn't mean that discretionary income is only to be used for bitcoin investment there other investments that you still need to used discretionionary income.

[Rgram]

I dont think relying on allowances and work bonuses is a sustainable way to invest in Bitcoin for the long term, because they dont come consistently. It is not practical at all.

Neither do I, although not having to consider that those who work a 9-5 do have bulk money pouring in at some point in course of doing their work would be considered a miscalculation and a misconception as they’ve most of them, especially those within the civil service and those who work for some top notch companies have this leverage of bulk income. Those too do serve potential income source to take up a good investment while still, using other means to archive this goal.

I don't think that an investor should plan his discretionary income from bonus and allowances he is hoping for, that is not the right thing to do and instead of that, he should plan that from his salary.

You don’t plan from what you don’t have and aren’t sure would come by. Allowances might be something discussed in a contract but not so much your bonus. For allowances, of course you can make plans on what to do with it. Even when you don’t know the amount as most times, it fluctuates and can be more while bonuses, you might not really get to plan on these as you don’t know when and how it might come.

However, these do fit in as discretionary because, they are not predefined and that’s what discretionary actually means, giving you the flexibility to utilize it as it pleases you so, why not invest with it. In as much as you still make plans out of your salary, allowances and bonuses is a huge boost too.

[Stormisover]

In addition to the important things you mentioned for investing, I believe every investor should also consider their own cash flow to ensure smooth investment operations if their investment goals are long-term. Therefore, other capital resources besides those mentioned should also be carefully considered so that using a method like DCA can feel more comfortable without delay, although this method isn't necessarily forced upon everyone. Because when knowledge is in place, fundamentals are established, and risk management is properly understood, the final step is capital in the form of money to support all the things I mentioned earlier.

Regardless of what you say the ultimate step remains about money which is the power for everyone when investing. Having various things as you mentioned is true. However a person must also have financial stability to invest. Strength in investing remains the primary capital the person's financial readiness. Ultimately they will be able to do so comfortably using the DCA method when purchasing the amount of Bitcoin that will become their savings for their future investment in Bitcoin.

It has been said severally that investing in Bitcoin must not happen at the expense of having a financial stability meaning that you must not be financially stable before you can invest, what is primarily ascertain is your ability to figure out your discretionary income to invest even when you are not financially stable but working on your financial situation, no doubt about the importance of financial stability towards the sustainability of your investment but you must not be financially stable before you can invest, you can be investing and working on yourself.

[Gost ms]

Bitcoin investment is not actually just like every other Investment, I don't agree with that because most of the Investment you are talking about, they don't actually use discretionary income on them which means they can not afford to lose those investment but in Bitcoin investment what is advise to use is a discrestionary income ( money you can do without) and an investor who used a discretionary income won't really put all hope on it but they live with faith that it goes as planned as it has been going since it existence.

In every investment, we need to use our discretionary income source. If we invest for the long term and invest the necessary amount of money, then if we need that amount of money, then our investment may die prematurely, so in every investment, we need to invest with our discretionary income source. Just because Bitcoin has risks, it is not that everyone is asked to invest with discretionary income. In long-term investment, discretionary income plays a huge role.

• If your investment is bad, then do not put too much pressure on your financial situation.
• Investment is long-term, such as your investment period of 3 to 4 cycles.
• Etc.

[Ruttoshi]

However a person must also have financial stability to invest. Strength in investing remains the primary capital the person's financial readiness.

This is where most people gets it wrong and deprive themselves from starting their bitcoin investment when they can because they're making bitcoin investment look very difficult to start-up. You don't need to be financially stable before you can start your bitcoin investment because a lot of people out there who are not financially stable have a discretionary income which they use for other things like smoking, drinking, womanizing and gambling.

Why are you not financially stable before you can smoke, drink, womanize and the rest without it affecting your financial life. You only need your discretionary income to start your bitcoin investment even though, your discretionary income isn't consistent. If we want to wait to be financially stable before investing, you might end up not investing.

No matter how little your discretionary income is, you can invest with it and look for other means to improve your income either by learning a skill or going for a higher course to boost your income at work. You can also get a second job and try to cut down your expenses in order to increase your discretionary income so that, you can DCA consistently till you reach your bitcoin target. Provided you build your emergency funds and backup funds along your investment journey.

[red4slash]

Regardless of what you say the ultimate step remains about money which is the power for everyone when investing. Having various things as you mentioned is true. However a person must also have financial stability to invest. Strength in investing remains the primary capital the person's financial readiness. Ultimately they will be able to do so comfortably using the DCA method when purchasing the amount of Bitcoin that will become their savings for their future investment in Bitcoin.

If in the end when you wait to be ready then I guarantee you will not start investing until whenever because you will never be ready for it.

Financial stability is very important but in this case I think we also have to be flexible here where you also need action to start because if we only wait for stable income before starting it takes a long time or even may not have the opportunity to invest especially in bitcoin because we think from the beginning how we will secure stability first but do not think about what steps to take.
The first experience (the first step to start investing) is important here because when we have invested, our brains will think of more ways how we can support ourselves without disturbing the investments we run with the money we have from monthly income.
That indicates that we are ready with several plans and ready with the risks that we will face in investing.If you wait too long, you will not get anything and it could be that for the rest of our lives we will not be able to invest because our thoughts are only how to stabilize life but without any movement to start investing in the future.

Being in bitcoin especially for those who are just starting out (beginners) does not require a lot of funds because although it is good to start with a large amount but when we are not ready with it it will be useless, doing around $10 or $20 is very enough because when we do it every week / every month it will make yourself more confident with the long-term process besides that we also will not be disturbed by the needs of life so there is no need to wait for your financial stability first because in the end for me the long-term quality with DCA will be better if you wait for your economy to stabilize first and then buy.

[Silikiem]

Your friend did not have a source of income but where did he get the money? Because investing in Bitcoin requires money, it is important to have a source of income. Now maybe some people can invest from the property left by their father, but not everyone's father is rich so they have to earn their own income to buy BTC. In the past you could have bought a lot of BTC for $10 and if you had kept it for a long time you could have made huge profit, but now times have changed, now it is not possible for everyone to buy 1 BTC, but now there is an opportunity to accumulate BTC slowly in DCA strategy. Anyway, in my opinion it is wise to invest in DCA strategy from your income.

Yes, it's clear that if we want to invest in Bitcoin, one of the most important things is having a source of income, whatever it may be. This is what will ultimately generate discretionary funds. Without a source of income,, how will we have discretionary funds? As you said, times have changed, and Bitcoin isn't as cheap as it used to be. So, with that in mind,, we must be aware of this. Basically, if someone doesn't have a source of income, I think the first thing to think about isn't investing, but rather a job, which will eventually become a source of income, allowing us to invest in Bitcoin with discretionary funds. So, the bottom line is that investing in Bitcoin requires a source of income so that everything runs more smoothly in the long term.

In as much as a source of income is required, but that is not what is the most important thing needed for bitcoin investment. What is most important to have before starting to invest in bitcoin is only a discretionary income. There’s quite a discrepancy between a source of income and a discretionary income and as far as bitcoin investment is concerned what is needed and most importantly is for folks to be able to figure out a discretionary income to use for buying bitcoin. If they can get a discretionary income then they can start investing in bitcoin because that is what they need to use for bitcoin investment.

[Mr_Brilliant$]

When people plan for short term investment then price volatility may create inconsistency in investment that is why people are always told to plan for long term investment in Bitcoin. When a person plans for long term investment in Bitcoin i.e. at least 2-3 cycles then he has enough time to observe the market and during that time he can take appropriate decision about his Bitcoin portfolio as per the time suitable for him. I think those who are currently investing in Bitcoin for long term will not be disappointed.

You sound so sure about long term investors profiting from Bitcoin as if it's guaranteed. Nothing is guaranteed with Bitcoin even if you hold for a long period of time. Investing in Bitcoin is just like every other investment there is no guarantee at all so saying people who invest for a long period of time will not be disappointed is wrong and misleading as well.

Long term investment is more ideal and gives a better chance to benefit from Bitcoin’s overall growth but that doesn't still take away the risk, volatility and uncertainty of Bitcoin and so it doesn't guarantee anything.

Bitcoin investment is not actually just like every other Investment, I don't agree with that because most of the Investment you are talking about, they don't actually use discretionary income on them which means they can not afford to lose those investment but in Bitcoin investment what is advise to use is a discrestionary income ( money you can do without) and an investor who used a discretionary income won't really put all hope on it but they live with faith that it goes as planned as it has been going since it existence.

who told you that it is only in bitcoin investment that you need to use discretionionary income. This applies to many other investment , you are not to used money that is meant for your daily expenses for investing. However, there is high risk involved in bitcoin investment hence the need to use discretionionary. This doesn't mean that discretionary income is only to be used for bitcoin investment there other investments that you still need to used discretionionary income.

Yeah, it is not just Bitcoin thing..  Any kind of investment you are going into should be done with only the money you can afford to risk, not money that you need for your daily needs..

But though the reason people are stressing it more with Bitcoin is because of how unpredictable Bitcoin can be.. The price use to move fast, and if someone start using money meant for other things, then it will affect them..
So discretionary income applies to so many investments, not just Bitcoin..