Buy Buy Buy or Sell Sell Sell?

[ejikeme24]

I think those who are currently investing in Bitcoin for long term will not be disappointed.

No, ongoingly investing for long time is not a guaranteed automatical.success. Mate nothing is set in stones tthat the price of bitoin will later do very well after many cycle.So quit believing that all long time investors will not be disappointed. Play your part and mange risk by ongoingly investing with just the amount that person can afforded to loose. Also too have emergency money with you for emergency that comes out.

You both are just saying the same thing, it's true that bitcoin investment is not guaranteed even though we're investing for long term investment. But whoever that is expecting profit in the long term is not making unrealistic expectations because if you track the movement of Bitcoin over the years you will see that anyone who invest and HODL for Long term won't regret because there has been an increase in the value so this make most investors to believe that Bitcoin investment is profitable if we invest and HODL for Long term investment.

[laijsica]

I think those who are currently investing in Bitcoin for long term will not be disappointed.

No, ongoingly investing for long time is not a guaranteed automatical.success. Mate nothing is set in stones tthat the price of bitoin will later do very well after many cycle.So quit believing that all long time investors will not be disappointed. Play your part and mange risk by ongoingly investing with just the amount that person can afforded to loose. Also too have emergency money with you for emergency that comes out.

You both are just saying the same thing, it's true that bitcoin investment is not guaranteed even though we're investing for long term investment. But whoever that is expecting profit in the long term is not making unrealistic expectations because if you track the movement of Bitcoin over the years you will see that anyone who invest and HODL for Long term won't regret because there has been an increase in the value so this make most investors to believe that Bitcoin investment is profitable if we invest and HODL for Long term investment.

The uncertainty is a preparation that you can be aware of and prepare for. If you are expecting short term gains, it can create financial risks for you but accumulating Bitcoin through discretionary income as a preparation for risk is the best consideration for you. Past price movements are a sign that the price of Bitcoin can reach even greater heights in the future.

Although we undertake our investment activities to be personally profitable, we should regularly DCA and strive to build a decent portfolio to reach that level of profitability.

[Cleanslate_]

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.

Short term investors are those investor that does not really see long term investment as being necessary or important because they feel it's waste of time and money

There are some investors that believes that long term investment ties their money down and it's always not profitable as compared to their short term,

Bitcoin is meant for long term, those that are involved in short term investment are also known to be traders because they keep buying and selling bitcoin often and taken profits since they cannot hold on for long-term, which would have being more profitable to them at the end of the investment .

[Rustam Meraj]

The uncertainty is a preparation that you can be aware of and prepare for. If you are expecting short term gains, it can create financial risks for you but accumulating Bitcoin through discretionary income as a preparation for risk is the best consideration for you. Past price movements are a sign that the price of Bitcoin can reach even greater heights in the future.

Although we undertake our investment activities to be personally profitable, we should regularly DCA and strive to build a decent portfolio to reach that level of profitability.

Much smarter and more calm idea than chasing fast wins to make money is to build Bitcoin collection by taking slow path to buying only that amount of money you have left over at end of the day, so that you are not worried by changing price of asset. People who buy small amounts mostly will be more successful since they will think of Bitcoin as insurance plan against poor economy other than betting.

This brick by brick plan is useful since small number of Bitcoins helps its fast growth compared to saving money in bank account, yet you should not spend all your money on Bitcoin in case you cannot sell coins when price falls.   This is only way that you could reach your goals without having to take too much money risk.

[alankasman]

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.

Okay, no problem but what I need to ask you is what if someone only has the ability to determine discretionary income while their income is very limited If what I said is wrong do you think I'm wrong I'll wait for your answer on this?

Another reason I can say is that investing still requires strong capital. There's no problem with someone having only limited capital but they certainly have some finances or income even if it's a very small amount compared to others who may be financially sufficient to invest. And I think it's not enough to just have the ability while the main thing that is prioritized in investing is capital in the form of finances that a person has so that when they have the finances their steps in investing in Bitcoin will not be delayed any longer.

[Sarah_Jannat42]

Short term investors are those investor that does not really see long term investment as being necessary or important because they feel it's waste of time and money

There are some investors that believes that long term investment ties their money down and it's always not profitable as compared to their short term,

Bitcoin is meant for long term, those that are involved in short term investment are also known to be traders because they keep buying and selling bitcoin often and taken profits since they cannot hold on for long-term, which would have being more profitable to them at the end of the investment .

I do not agree with the statement that traders often withdraw profits because even successful traders in this world cannot withdraw profits often. The success rate in the trading section is very low because there is very high risk.

And those who think that if you invest on a long-term basis, your money is stuck, their idea is right but money is generated from that stuck money, that stuck money is called investment. So it is important to invest in Bitcoin regularly rather than staying away from investing in Bitcoin.

[Princess Leah]

One of the main reasons for investing with discretionary income is to avoid putting yourself under unnecessary financial pressure. You don't have to sacrifice your basic needs or live uncomfortably just to invest. Your daily expenses should always come first and investing should come from what is left and not from what is needed to survive.

When you invest money you can afford to lose you’re less likely to panic when the market fluctuates and it also prevent selling prematurely. It also  help you to be consistent since the money is intended for investment it becomes easier to stay disciplined and keep investing and this doesn't apply to Bitcoin investment alone but all types of investment

That's true, the basic needs is also important because as human you'll need to survive so when someone use the money for survival for investment it's like a waste of time cause in the long run you'll still use the money you realise from what you invested in to survival which mostly happen when the investment is still on a short-term, so automatically you've gone against your intentions of investing which is for long-term purpose.

 Also, an investment option like Bitcoin doesn't really guarantee success since the future is unknown so it's best to invest with the spare which is also the discrestionary funds rather than the money meant for basic needs.

[gracreavix]

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.

Short term investors are those investor that does not really see long term investment as being necessary or important because they feel it's waste of time and money

There are some investors that believes that long term investment ties their money down and it's always not profitable as compared to their short term,

At this point, I don’t even have words for anyone that says long term investing is not necessary and they prefer short term while investing in Bitcoin. it just shows not everybody is financially smart, simple as that.

Because I don’t see any reason why someone would say short term investing in Bitcoin is smarter or better in the long run.  
Sometimes I feel like people should just calm down and study the history of those who have actually built real wealth and are financially solid today.  you will notice something common, 90%+ of them did not build it through short term moves. It took a lot of patience, time, and long term plays to get there.

Same thing applies to Bitcoin, if you want something sustainable from it, then chasing quick profits and jumping in and out of charts every time is not the way. That is just plenty stress with no real direction.

There are already proven patterns people have followed for years to become successful Bitcoin investors.  those same patterns are being shared here openly now. Yet some people still want to force short term into everything.

[cyberninja2]

That's true, the basic needs is also important because as human you'll need to survive so when someone use the money for survival for investment it's like a waste of time cause in the long run you'll still use the money you realise from what you invested in to survival which mostly happen when the investment is still on a short-term, so automatically you've gone against your intentions of investing which is for long-term purpose.

Because matters related to needs are certainly the most important for all humans. Therefore when asked which is more important investment or needs I think many choose needs because the absolute necessities of life are more important than prioritizing investment. This is because it requires thinking when someone says that investment is far more important than the needs that must be spent. Moreover sometimes the income earned by a person is consequently only enough to meet needs which prioritizes human responsibilities to their family therefore needs are prioritized over investment.

[Bright0515]

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.

For the fact that we all are different people with different mindset and different financial capabilities with different responsibilities (probably different beliefs toward Bitcoin), proves that some investors with a very small responsibilities can chose to buy Bitcoin aggressively from the money on their discretionary income and such investors will not have any challenges at all because they have less responsibility and they are also financially empowered.
However, the issue is not about buying Bitcoin aggressively but based on my perspectives, I think the issue is the inability to control the aggression toward buying Bitcoin. The thing is to Know Your Limit.
One disadvantage of not buying Bitcoin aggressively when you have the money is that it slows down the accumulation process, and slowing down your accumulation process also delays your goal, and such people will likely miss out good opportunities. I believe this is as a result of being too careful, but truth be told that being too careful most times is not far different from taking higher risk.

Actually, the advantage of buying Bitcoin aggressively when you have the money is that you will achieve your goal early, and you won't start to rush I the future when you have more responsibilities and less money as discretionary income, and lastly you will probably have control.

There's one important thing which some people don't understand about discipline when it comes to Bitcoin investment, and it's also one of the reasons why so many people don't achieve their goal quickly on investment.
The truth is that some investors think discipline is only not to overdo thing but it's far more than that because that will not help them achieve their goal quickly. Discipline also means that you should use opportunities properly when you see them. But some people don't because they mix it up with overdoing which keeps them in one position for a very long time (as they also want to be more careful, meanwhile being more careful sometimes is same as taking more risks).
But taking advantage of opportunities properly, they need to do them with the money on your discretionary income, and they need to understand what they are doing so that they can also have a clear plans.

[I_Anime]

That's true, the basic needs is also important because as human you'll need to survive so when someone use the money for survival for investment it's like a waste of time cause in the long run you'll still use the money you realise from what you invested in to survival which mostly happen when the investment is still on a short-term, so automatically you've gone against your intentions of investing which is for long-term purpose.

Because matters related to needs are certainly the most important for all humans. Therefore when asked which is more important investment or needs I think many choose needs because the absolute necessities of life are more important than prioritizing investment. This is because it requires thinking when someone says that investment is far more important than the needs that must be spent. Moreover sometimes the income earned by a person is consequently only enough to meet needs which prioritizes human responsibilities to their family therefore needs are prioritized over investment.

There’s a reason why there’s different between want and need , need are  the essential things required in our daily lives . Want is something one desire and can apparently live without , so when we hear “reduce your expenses”it often means  reduce your desire (which want ) because is something one can literally stay without , so as an investor we should know how to differentiate between want and need , to improve our investment , many have enough cashflow to handle their investment but due to not being able to differentiate their want from their need they endup given themselves excuse why they can’t invest .

[Rockson1]

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.

I do not know the point you want to make but all I know about the reason why every investor is adviced to invest with their discreationary income is for easy and unpresured accumulaton of Bitcoin that might warrant them to think of selling at anytime, I may have said this countless times and ready to keep saying it, to my understanding we do not use discreationary income to invest in Bitcoin because it is what we can afford to lose alone, personally I think that is not what discretionary income only means, the purpose for discreationary income is for investors to invest in Bitcoin without going outside their means and complaining later.

[amihada]

Because matters related to needs are certainly the most important for all humans. Therefore when asked which is more important investment or needs I think many choose needs because the absolute necessities of life are more important than prioritizing investment. This is because it requires thinking when someone says that investment is far more important than the needs that must be spent. Moreover sometimes the income earned by a person is consequently only enough to meet needs which prioritizes human responsibilities to their family therefore needs are prioritized over investment.

There’s a reason why there’s different between want and need , need are  the essential things required in our daily lives . Want is something one desire and can apparently live without , so when we hear “reduce your expenses”it often means  reduce your desire (which want ) because is something one can literally stay without , so as an investor we should know how to differentiate between want and need , to improve our investment , many have enough cashflow to handle their investment but due to not being able to differentiate their want from their need they endup given themselves excuse why they can’t invest .

It is necessary to differentiate between the two because this action is the main foundation in financial management and achieving success in investing, the difference between needs and wants often determines a person's ability to build wealth or become trapped in a consumerist lifestyle. Investors who want to achieve a level of success must be able to understand that investment is a "need" for the future, while consumer goods or having branded goods are just a momentary "want". So, instead of wanting to fulfill desires that are only temporary, it is better to divert the funds to investments so that they can generate profits. Postponed desires will create future profits, so that the profits from investments can be used to finance desires without disturbing the amount of investment.

[Proty]

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.

For the fact that we all are different people with different mindset and different financial capabilities with different responsibilities (probably different beliefs toward Bitcoin), proves that some investors with a very small responsibilities can chose to buy Bitcoin aggressively from the money on their discretionary income and such investors will not have any challenges at all because they have less responsibility and they are also financially empowered.
However, the issue is not about buying Bitcoin aggressively but based on my perspectives, I think the issue is the inability to control the aggression toward buying Bitcoin. The thing is to Know Your Limit.
One disadvantage of not buying Bitcoin aggressively when you have the money is that it slows down the accumulation process, and slowing down your accumulation process also delays your goal, and such people will likely miss out good opportunities. I believe this is as a result of being too careful, but truth be told that being too careful most times is not far different from taking higher risk.

Actually, the advantage of buying Bitcoin aggressively when you have the money is that you will achieve your goal early, and you won't start to rush I the future when you have more responsibilities and less money as discretionary income, and lastly you will probably have control.

There's one important thing which some people don't understand about discipline when it comes to Bitcoin investment, and it's also one of the reasons why so many people don't achieve their goal quickly on investment.
The truth is that some investors think discipline is only not to overdo thing but it's far more than that because that will not help them achieve their goal quickly. Discipline also means that you should use opportunities properly when you see them. But some people don't because they mix it up with overdoing which keeps them in one position for a very long time (as they also want to be more careful, meanwhile being more careful sometimes is same as taking more risks).
But taking advantage of opportunities properly, they need to do them with the money on your discretionary income, and they need to understand what they are doing so that they can also have a clear plans.

yes people financial situation differs and as such it will be right if anyone that is buying bitcoin should buy or accumulate bitcoin based on there financial situation. The level of aggressiveness is proportional to an investor total discretionionary income except in few cases were by the investor get an extra cash and decide to put all into buying of bitcoin.
Using all ones income to buy bitcoin isn't aggressive buying this is a mistake because an investor no matter how aggressive they would want to be with there bitcoin investment should always stick to buying bitcoin with there Discretionary income. Anything outside of this isn't aggressive buying. As I have mentioned earlier investors financial situation do differ , to Mr A buying bitcoin with $100 may be being aggressive but it may not be same to Mr B. Mr A should not make the mistake of wanting to buy more because Mr B is putting more than $100. So what maybe aggressive buying to one investor may not be same to another. An investor that used 85 to 90% of there discretionionary income to buy bitcoin is being aggressive if not over aggressive.

[Patrol69]

Much smarter and more calm idea than chasing fast wins to make money is to build Bitcoin collection by taking slow path to buying only that amount of money you have left over at end of the day, so that you are not worried by changing price of asset. People who buy small amounts mostly will be more successful since they will think of Bitcoin as insurance plan against poor economy other than betting.

A reliable job plays an important role in long-term investment. Those who invest in long-term plans usually plan to continuously invest in Bitcoin with a part of the extra funds they have after excluding all household expenses and other expenses. But if an investor does not have a permanent income or does not have multiple sources of income, then if the income stops, the investor's investment will stop and when the income stops, naturally the investor will not have extra money, as a result of which he will consider selling the investment the right decision later. So I think we should always try to create multiple jobs and ensure a permanent and reliable job in long-term investment.

Continuity and long-term retention in investment is more important, suppose an investor started investing with a large amount of money and for some time he continuously invested with a large amount of money and then sold it after a few days, then this temporary investment did not fulfill the original purpose of the investment, so investors should invest without pressure but maintain the continuity of that investment and implement that investment in a long-term plan.  An investor is always advised to invest with discretionary funds so that there is no financial pressure on the investor and so that the investment never feels like a burden to him.

This brick by brick plan is useful since small number of Bitcoins helps its fast growth compared to saving money in bank account, yet you should not spend all your money on Bitcoin in case you cannot sell coins when price falls.   This is only way that you could reach your goals without having to take too much money risk.

After starting to invest with a relatively small amount of money, many investors are disappointed that their small investment may not be of much use, but if they continue to invest little by little regularly, then after a few years, their investment amount will go to a much larger level. So I think we should not underestimate any amount for investment, but we should try our best according to the ability we have and we should be satisfied with the amount of money we are able to invest consistently by trying our best.

You have made a very important discussion here that we should not invest all the money at the same time because there is no guarantee that the market will always go up because there is instability in the market. So in a new situation, if an investor invests all his money at the same time and due to the normal pumping and dumping of the market, that investor may make the wrong decision or he may get excited, so the most effective decision for the investor will be to invest using the DCA strategy.  If an investor regularly invests according to the DCA investment strategy, it is possible to reduce the risk to a great extent because through continuous investment, investors can gradually maintain the average price.

[Popkon6]

That's true, the basic needs is also important because as human you'll need to survive so when someone use the money for survival for investment it's like a waste of time cause in the long run you'll still use the money you realise from what you invested in to survival which mostly happen when the investment is still on a short-term, so automatically you've gone against your intentions of investing which is for long-term purpose.

Because matters related to needs are certainly the most important for all humans. Therefore when asked which is more important investment or needs I think many choose needs because the absolute necessities of life are more important than prioritizing investment. This is because it requires thinking when someone says that investment is far more important than the needs that must be spent. Moreover sometimes the income earned by a person is consequently only enough to meet needs which prioritizes human responsibilities to their family therefore needs are prioritized over investment.

There’s a reason why there’s different between want and need , need are  the essential things required in our daily lives . Want is something one desire and can apparently live without , so when we hear “reduce your expenses”it often means  reduce your desire (which want ) because is something one can literally stay without , so as an investor we should know how to differentiate between want and need , to improve our investment , many have enough cashflow to handle their investment but due to not being able to differentiate their want from their need they endup given themselves excuse why they can’t invest .

People who make excuses for something good are unable to improve in life, because those who are unable to invest in Bitcoin are basically lazy to improve their own lives in the real world. I think it will never be possible for those people to reach the level of improvement, those who take risks will invest in Bitcoin even out of necessity.
Because Bitcoin investment creates such an asset that people can accumulate small amounts of money and create a store of money, and this Bitcoin plays a significant role in eliminating future financial needs. Therefore, those who participate in Bitcoin investment despite family needs are the only ones who succeed as a good investment.

[Gallar]

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.

You're right having a source of income will generate  discretionary incomes for accumulating bitcoin but where I do not agree is where I bolded. What an investor needs to think about before investing in bitcoin is if he has discretionary income and not a source of income because discretionary income is what he needed to get started. An investor can get started if he has discretionary income income available and as he invest he can seek for a job or skill that will generate discretionary incomes. I'm clarifying that you're very wrong to have said an investor requires a source of income before getting started.

Bro, just think about it. When someone has no income at all, from an ordinary perspective, they certainly won't have much money. So, investing that small amount of money in Bitcoin is definitely unsafe, in my opinion. Remember, that person clearly needs money for living expenses. So, if that living expense money is invested in Bitcoin, and if that person can't find a job, they'll definitely starve. So, the point is, my friend, because while it's true that starting a Bitcoin investment doesn't require a lot of money, what's the point if the person investing is in difficult circumstances? The Bitcoin will undoubtedly be sold again. That's why I say that having a large or small income should be the top priority before deciding to invest in Bitcoin. Because if you do what you said, just invest first and then think about work, I think that's too speculative and quite risky.

[MissNonFall9]

That's true, the basic needs is also important because as human you'll need to survive so when someone use the money for survival for investment it's like a waste of time cause in the long run you'll still use the money you realise from what you invested in to survival which mostly happen when the investment is still on a short-term, so automatically you've gone against your intentions of investing which is for long-term purpose.

 Also, an investment option like Bitcoin doesn't really guarantee success since the future is unknown so it's best to invest with the spare which is also the discrestionary funds rather than the money meant for basic needs.

To maintain continuity in our investment in Bitcoin, we need to calculate our income and expenses, then we need to start investing by taking the discretionary income from there and maintain continuity. If someone invests in Bitcoin without the discretionary income, there comes a time when there is no other way but to break the accumulated Bitcoin to meet basic needs, which will lead to financial losses.

[Olotu20]

Snip
[/b]. So, the bottom line is that investing in Bitcoin requires a source of income so that everything runs more smoothly in the long term.

Snip

Bro, just think about it. When someone has no income at all, from an ordinary perspective, they certainly won't have much money. So, investing that small amount of money in Bitcoin is definitely unsafe, in my opinion. Remember, that person clearly needs money for living expenses. So, if that living expense money is invested in Bitcoin, and if that person can't find a job, they'll definitely starve. So, the point is, my friend, because while it's true that starting a Bitcoin investment doesn't require a lot of money, what's the point if the person investing is in difficult circumstances? The Bitcoin will undoubtedly be sold again. That's why I say that having a large or small income should be the top priority before deciding to invest in Bitcoin. Because if you do what you said, just invest first and then think about work, I think that's too speculative and quite risky.

You are right even though Bitcoin investment is considered not a capital intensive one , I don't expect anyone who is struggling financially to get involved in Bitcoin investment. Investment exerts has always emphasize the need for one to only invest with their discretionary funds not with money that, should be used in running your home or eating and even for emergency purposes. Do anyone who is struggling financially should not invest and should concentrate on how to become financially more stable before starting to invest. The reason is that Bitcoin is not like other investments were you receive the return on investment early but, but is a long term thing so you can't use your money that you supposed to be used for eating and remain hungry waiting for when you are going to make profit from your investments.