Buy Buy Buy or Sell Sell Sell?

[Sulegzy39]

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Bitcoin investment will be risky because there is risk in any activity, allocate money for Bitcoin investment or you can spend some of your income on your family and invest the rest without wasting money. Those who invest in Bitcoin must invest Bitcoin weekly, which is the most suitable, as they have more time to buy.
However, investing in Bitcoin requires its own risk and patience, in this case, if you can invest in Bitcoin using the right time DCA method, then it becomes very easy to achieve success.

You have misunderstood the DCA approach. It does not require someone or an investor to invest weekly; that is not the case. The idea is that if you earn monthly or weekly, you will now determine when it is most convenient for you to purchase your Bitcoin, either monthly or weekly, depending on how convenient it is for you. It is not necessary to invest weekly; the fact that someone earns weekly does not mean they will purchase weekly, and the fact that someone earns monthly does not mean they will purchase monthly; everything is about planning and following with wisdom.

[Tonimez]

[Edited out]

You have misunderstood the DCA approach. It does not require someone or an investor to invest weekly; that is not the case. The idea is that if you earn monthly or weekly, you will now determine when it is most convenient for you to purchase your Bitcoin, either monthly or weekly, depending on how convenient it is for you. It is not necessary to invest weekly; the fact that someone earns weekly does not mean they will purchase weekly, and the fact that someone earns monthly does not mean they will purchase monthly; everything is about planning and following with wisdom.

It's best to invest in bitcoin around the time you're receiving your payment whether weekly or monthly. This is because, it is harder to hold fiat when you have received your salary. What you should do is to first figure out your discretionary income after attending to your basic responsibilities. This will help you not to get caught up in financial crisis because you plan for everything you do. If you still keep your fiat after receiving your payment and you are waiting for the right time to invest it in bitcoin, you are only wasting your time and you may also end up buying bitcoin at higher price or you may never buy bitcoin at all. Let me bring to your notice that the best time to buy bitcoin is whenever you have your available discretionary income and the most likely time to have a Discretionary income is when you are paid salary after attending to your basic responsibilities.

[Lembo69]

I agree with your statement. I forgot to mention that my previous explanation was for investors who have been buying bitcoin for a long time, so they have already made bitcoin a superior Asset as a percentage of their overall assets.
Indeed, for beginners, We should focus on one asset we want to achieve first in our investment planning, And buying Bitcoin is certainly the most appropriate choice.

I think a decade is certainly the right time to focus our planning process on buying Bitcoin, after which we can adjust our budget to allocate It to other types of assets. But I think taking such a step will create greater comfort because our retirement assets are in Bitcoin, and we also have other assets. Even if we need Money unexpectedly, we still have other assets without having to sell BTC.

It is important to focus on a specific asset in the new situation, and Bitcoin can be a good choice in this case. If a new investor can deposit Bitcoin through DCA regularly for 4–10 years, he will be able to build a strong position.

Later, when he gets a good return as he expects, he can invest in other assets such as real estate, gold or stocks. As a result, his overall portfolio will be stronger and more balanced.

In addition, this type of diversification will give him an important advantage. In times of emergency, he will be able to use alternative assets, so he will not have to sell his Bitcoin. This will keep his long-term Bitcoin investment intact.

The most important thing is that an investor needs to determine his goal at the beginning, whether he wants to create wealth in the long term, or to fulfill a specific purpose (such as building a house). If this goal is clear, building a portfolio becomes much easier.

[Humblevirus]

I think it's difficult to accumulate Bitcoin with a low income because fundamentally every investment requires a stable income. This aims to facilitate someone's efforts to accumulate a large amount of Bitcoin. This is what sometimes makes it difficult for someone to reach their Bitcoin investment target within the next 5-10 years.

I don’t know maybe it was a mistake, or you don’t understand the difference between stable income and low income earning. So, get it clear: someone can have a stable income and still be a low-income earner. Also, understand that having a stable income doesn’t guarantee that someone will invest in Bitcoin.What can make the difference is knowing how to identify your discretionary funds. Once someone can consistently figure out their discretionary income, they won’t have a problem investing in Bitcoin. Most people find it difficult to start their Bitcoin investment not necessarily because they earn a low income, but because they can’t identify their discretionary income.

If someone is able to plan properly, they will always find some discretionary income. Sometimes, because we don’t plan well, we see things that are not essential at a particular time as essential simply because we have the money.Also, Bitcoin investment is not a competition. It doesn’t mean you have to accumulate as much as others within 5 to 10 years. If someone hasn’t met their Bitcoin accumulation target within that time frame, they can continue. It doesn’t have to be limited to 5-10 years.

[8rch7]

I'm finding it hard to understand what you mean by investing without worrying about weekly or monthly investment, if investing on a daily basis is what you mean then I think is not proper because the reason why investment need to be make weekly or monthly is so as to enable us have time to go for hustling and most of this hustle doesn't pay off immediately some get paid at the end of the week while some are monthly earners I know there are people who are earning daily but not much compared to weekly earners and monthly and before going with this practice you should first of all think about your day to day expenses.

Manage risk for weekly or monthly is important for investing in bitcoin, although you have good consistent investing in bitcoin current moment must waiting the dip price if you won't loss opportunity to earn much profit. The purpose of investing in bitcoin how to earn much profit and less risk exactly investing bitcoin during at lower price and selling when price raise up, if you make decision to invest during bitcoin at higher price although holding for long term but difficult to reach of purpose investing in bitcoin.
Now change the way investing in bitcoin during at lower price then sell it after raising up although holding only few months, you can accumulate based on your profit how many time in this year bitcoin drop to lower price.

[Homemade-IQ]

I'm finding it hard to understand what you mean by investing without worrying about weekly or monthly investment, if investing on a daily basis is what you mean then I think is not proper because the reason why investment need to be make weekly or monthly is so as to enable us have time to go for hustling and most of this hustle doesn't pay off immediately some get paid at the end of the week while some are monthly earners I know there are people who are earning daily but not much compared to weekly earners and monthly and before going with this practice you should first of all think about your day to day expenses.

Manage risk for weekly or monthly is important for investing in bitcoin, although you have good consistent investing in bitcoin current moment must waiting the dip price if you won't loss opportunity to earn much profit. The purpose of investing in bitcoin how to earn much profit and less risk exactly investing bitcoin during at lower price and selling when price raise up, if you make decision to invest during bitcoin at higher price although holding for long term but difficult to reach of purpose investing in bitcoin.
Now change the way investing in bitcoin during at lower price then sell it after raising up although holding only few months, you can accumulate based on your profit how many time in this year bitcoin drop to lower price.

The best way to manage your risk when investing in Bitcoin is to invest with what you can afford to lose, since you would not be emotionally tied to your Bitcoin investment.

But with your emphasis on profit here and there, it looks like you are only interested in making quick profit, by buying and selling once it appreciate in value, which i think is very bad, and you are not qualified to be called an investor, because you are a trader that is only interested in trading his Bitcoin for small profit that can't affect your financial state positively.

[Sarah_Jannat42]

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Risk is a part of life so I think it's natural for risk to surround everyone as every investment carries a certain burden that poses a risk to each individual.
Of course when investing one must have a budget and calculating these expenses must be maximized to ensure the smooth running of long-term investments. Therefore an ideal mindset should always be a learning model for those investing with the goal of avoiding damage to Bitcoin accumulation whether the price rises or falls in the Bitcoin market.

Honestly speaking, without risk, there would be no real fun in any work or without risk, people would not be so happy with success and people would not celebrate that success. Risk inspires us to do our work more perfectly.

Bitcoin also has risks, it is very natural to have them and this is why people are so interested in investing in Bitcoin. However, if we just say that people enjoy investing in Bitcoin because of the risk, it is not right. The main reason is that the profits that can be obtained from investing in the long term from here are not available anywhere else and cannot be imagined.

[Solokan]

Investment should be done from everyone's discretionary income. Those who are poor have less discretionary income and those who are rich have more discretionary income. Discretionary income is a product of the amount of money left over after we have paid our basic expenses. So the higher the discretionary income, the more options there are. And each investor chooses a percentage of money from his discretionary income for investments, savings and discretionary expenses. Since a person has choices about how to use their discretionary funds, there is no formula for what will happen. People with less discretionary funds can use their discretionary funds much better than people with more discretionary funds, and there are cases where poor people become richer or even rich people become poorer based on their choices regarding the use (or management) of their discretionary funds.

This is a very good explanation. I like your excellent delivery, and it will certainly make many people understand. Yes, if we use discretionary income wisely, it's possible for people from poor backgrounds to become rich. Certainly, using discretionary income to buy BTC is a wise choice. However, in my opinion, it would be better not to invest it all in BTC but to use discretionary income for other things, such as starting a company. Investing in BTC requires a long time, which is certainly different from a regular business.

But it seems a shame if, for example, rich people don't use discretionary income wisely, because they have better opportunities to increase their income and the economy. Hopefully, we all have great success investing in BTC.

[alankasman]

Honestly speaking, without risk, there would be no real fun in any work or without risk, people would not be so happy with success and people would not celebrate that success. Risk inspires us to do our work more perfectly.

Behind a person's success there are certainly many experiences they've experienced on the journey to reach that point. Therefore as you say it's quite true. A person's happiness will always be accompanied by many challenges. It's fair to say that risk is part of a person's history experiencing various experiences and experiencing what they experience when they reach that point which inspires them after achieving success.

And for me it's also appropriate for everyone when they're going through a difficult time. But they must fight through it so that what they desire will one day become something that can bring them happiness in other words according to their expectations in their activities. Holding back is difficult for everyone. Sometimes people only want happiness but it's difficult to accept that the journey to reach that point might not be as easy as they dreamed.

[cyberninja2]

If someone is able to plan properly, they will always find some discretionary income. Sometimes, because we don’t plan well, we see things that are not essential at a particular time as essential simply because we have the money.Also, Bitcoin investment is not a competition. It doesn’t mean you have to accumulate as much as others within 5 to 10 years. If someone hasn’t met their Bitcoin accumulation target within that time frame, they can continue. It doesn’t have to be limited to 5-10 years.

And your answer is very appropriate owning assets for 5-10 years isn't something that someone should do rather it's how someone can generate a stable monthly income. This is something that many people should do regardless of their investment or planning for Bitcoin investment.

Having a plan for me is not a problem because everyone still has things that must be there towards the level of the future but needs are prioritized so that there is no intersection in carrying out investment planning because investment is also necessary for anyone but after making an investment of course they must be able to withstand when there is a day where a difficult position will come to us and that's where there will be what is needed because it is clear that investment is not a competition but thinking in planning is certainly the main part that must be carried out so that by making an investment of course collecting Bitcoin will also be a necessity that must be done by everyone who has started whether with a large or small amount because basically getting results or profits in investing is enough by going according to the expectations of someone who does it until the desired point meets the target achievement of Bitcoin accumulation without having to wait or limit it to 5-10 years.

[Charcol]

I'm finding it hard to understand what you mean by investing without worrying about weekly or monthly investment, if investing on a daily basis is what you mean then I think is not proper because the reason why investment need to be make weekly or monthly is so as to enable us have time to go for hustling and most of this hustle doesn't pay off immediately some get paid at the end of the week while some are monthly earners I know there are people who are earning daily but not much compared to weekly earners and monthly and before going with this practice you should first of all think about your day to day expenses.

The purpose of investing in bitcoin how to earn much profit and less risk exactly investing bitcoin during at lower price and selling when price raise up, if you make decision to invest during bitcoin at higher price although holding for long term but difficult to reach of purpose investing in bitcoin.

It is quite difficult or impossible to know when the price will decrease or increase. If you wait for a low price, the price may not decrease. Again, many people cannot enter the market by waiting too long. So in my opinion, if we are ready to invest or we have discretionary money in our hands, then we can invest a little bit in the DCA method now. For those who have a long-term plan, price is not a problem. Because history has proven that in most cases, the value of assets like Bitcoin increases in the long term. That is why price cannot be an excuse for a long-term investor. If you have a long-term plan, then if your investment strategy is correct and you invest with an understanding of financial risk management, then it is possible to make a profit in the long term despite buying at a high price.

But what you said is trading attitude.

[Futurexxx]

Bitcoin also has risks, it is very natural to have them and this is why people are so interested in investing in Bitcoin. However, if we just say that people enjoy investing in Bitcoin because of the risk, it is not right. The main reason is that the profits that can be obtained from investing in the long term from here are not available anywhere else and cannot be imagined.

It's true that Bitcoin investment has it own risk attached to it, but that risk can be easily mitigated when held for a very long period of time, unlike most investment that the risk factor is just too high and difficult to ignore.
Another thing that is very important while investing in Bitcoin is for you to do it with your discretionary income, since it's a money you can do away with in a very long period of time, and why it's very much important to invest only from your discretionary income is that you wouldn't be in a mood of panicking even when their is a serious dip in the market, unlike when you invest an amount you cannot afford to lose.
 So it's very important that we invest only from our discretionary income, so that our mental and emotional health will be intact when the dip comes, and we wouldn't have to react to what the market is doing because it's a money we can do away with.

[ultrloa]

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Risk is a part of life so I think it's natural for risk to surround everyone as every investment carries a certain burden that poses a risk to each individual.
Of course when investing one must have a budget and calculating these expenses must be maximized to ensure the smooth running of long-term investments. Therefore an ideal mindset should always be a learning model for those investing with the goal of avoiding damage to Bitcoin accumulation whether the price rises or falls in the Bitcoin market.

Honestly speaking, without risk, there would be no real fun in any work or without risk, people would not be so happy with success and people would not celebrate that success. Risk inspires us to do our work more perfectly.

Bitcoin also has risks, it is very natural to have them and this is why people are so interested in investing in Bitcoin. However, if we just say that people enjoy investing in Bitcoin because of the risk, it is not right. The main reason is that the profits that can be obtained from investing in the long term from here are not available anywhere else and cannot be imagined.

But don't choose those the situation you play with those risk, since there's a chance that you might get burn if you commit a mistake for buying or even doing simple trades on your bought Bitcoins.

Much better to settle up having a good plan then do consistent buy. Since even if we can say Bitcoin also a risky asset, if we used great strategy like DCA, we can possibly lessen up the risk that we are taking. Also if they are consistent they provably could feel that their accumulated coins will slowly grow and with that there's great chance to get good reward in future.

So better ignore playing with the risk and try to focus on more sustainable strategy.

[CageMabok]

...

...

Honestly speaking, without risk, there would be no real fun in any work or without risk, people would not be so happy with success and people would not celebrate that success. Risk inspires us to do our work more perfectly.

Bitcoin also has risks, it is very natural to have them and this is why people are so interested in investing in Bitcoin. However, if we just say that people enjoy investing in Bitcoin because of the risk, it is not right. The main reason is that the profits that can be obtained from investing in the long term from here are not available anywhere else and cannot be imagined.

Some people view investment risk as a challenge that must be faced with more thorough preparation. Therefore, investors are no longer afraid to invest in Bitcoin once they are prepared and know that Bitcoin is indeed a worthy investment for their future. Despite this, there are still those who are hesitant and afraid to invest in Bitcoin at this time because price volatility is always present and continues to occur in the market. However, that is not a reason to stop everyone's plans because the option of choosing Bitcoin for the long term is a much more appropriate option and there should be no fear of owning it now and holding it for the long term.

[Tongley]

Yes, investing in Bitcoin is risky, at least without discretionary income. It is very important to calculate everything related to the investment before every investment. Therefore one must set a (long-term) mindset for investing in Bitcoin and create some funds so that one does not have to break Bitcoin in case of emergency and when the price of Bitcoin comes down, one can buy more.

Risk is a part of life so I think it's natural for risk to surround everyone as every investment carries a certain burden that poses a risk to each individual.
Of course when investing one must have a budget and calculating these expenses must be maximized to ensure the smooth running of long-term investments. Therefore an ideal mindset should always be a learning model for those investing with the goal of avoiding damage to Bitcoin accumulation whether the price rises or falls in the Bitcoin market.

Honestly speaking, without risk, there would be no real fun in any work or without risk, people would not be so happy with success and people would not celebrate that success. Risk inspires us to do our work more perfectly.

Bitcoin also has risks, it is very natural to have them and this is why people are so interested in investing in Bitcoin. However, if we just say that people enjoy investing in Bitcoin because of the risk, it is not right. The main reason is that the profits that can be obtained from investing in the long term from here are not available anywhere else and cannot be imagined.

But don't choose those the situation you play with those risk, since there's a chance that you might get burn if you commit a mistake for buying or even doing simple trades on your bought Bitcoins.

Much better to settle up having a good plan then do consistent buy. Since even if we can say Bitcoin also a risky asset, if we used great strategy like DCA, we can possibly lessen up the risk that we are taking. Also if they are consistent they provably could feel that their accumulated coins will slowly grow and with that there's great chance to get good reward in future.

So better ignore playing with the risk and try to focus on more sustainable strategy.

Sarah_Jannat42 may have explained the risks of investing in Bitcoin. Many people think that investing in Bitcoin can be profitable, Sarah_Jannat42 explained the risks from this perspective. An investor needs to acquire the basic knowledge needed to invest in Bitcoin and set a goal to build a portfolio and invest. From the past to now, Bitcoin has always provided profits in long-term investments and it is expected that this will happen in the future.

It is necessary to keep yourself as far away from the trading mentality as possible. Because there is a lot of risk in trading and the possibility of losing your money by trading is much higher. The tendency of short-term profits in trading can take you out of the mentality of long-term investment. So focusing on trading is never the right decision.

[CryptoYar]

[...]

Investment risk can be handled in more mature way to money which can be seen as test that can only be beaten through learning instead of avoiding money. To the prepared, day to day price swings of Bitcoin are less frightening since they think about its value in long term and see fall in price as sale and not always loss. Reason is that numbers show longer you own Bitcoin better chances you have to keep money earned, meaning it was very good tool to protect your future savings against rising prices. Most individuals are not ready just because they are not well told on how it works yet, but when one waits to have most perfect steady moment. Most often one will fail to get best chances. Holding on to your plan when everyone is scared to me is true test of investor since there will never be time around when market is not unsteady.

[Crytohillss]

[...]

Investment risk can be handled in more mature way to money which can be seen as test that can only be beaten through learning instead of avoiding money. To the prepared, day to day price swings of Bitcoin are less frightening since they think about its value in long term and see fall in price as sale and not always loss. Reason is that numbers show longer you own Bitcoin better chances you have to keep money earned, meaning it was very good tool to protect your future savings against rising prices. Most individuals are not ready just because they are not well told on how it works yet, but when one waits to have most perfect steady moment. Most often one will fail to get best chances. Holding on to your plan when everyone is scared to me is true test of investor since there will never be time around when market is not unsteady.

People fear the volatility without truly understanding what they are investing long term mindset is what separates people who panic from those who actually build their wealth, one don't wait for the right time because it rarely ever comes when you prepare yourself instead staying consistent and relying to a plan when things get worse.

[michellee]

[...]

Investment risk can be handled in more mature way to money which can be seen as test that can only be beaten through learning instead of avoiding money. To the prepared, day to day price swings of Bitcoin are less frightening since they think about its value in long term and see fall in price as sale and not always loss. Reason is that numbers show longer you own Bitcoin better chances you have to keep money earned, meaning it was very good tool to protect your future savings against rising prices. Most individuals are not ready just because they are not well told on how it works yet, but when one waits to have most perfect steady moment. Most often one will fail to get best chances. Holding on to your plan when everyone is scared to me is true test of investor since there will never be time around when market is not unsteady.

Most people afraid when they want to start investing as they can't research like others. I have seen this happens to my friends when I suggested them invested in Bitcoin long time ago. They don't believe that they can profit from Bitcoin in the future and not researched Bitcoin for more. They are not ready facing the risks but the truth is they can manage the risks with the right knowledge. If they found that Bitcoin was best for them, they would make a big profit when the price reached $126k. Mostly they are afraid to protect their money value in assets and just saving their money in the banks. If they can open their minds that things change and many opportunities to increase the money value, they will gets the benefits in the future.

[Bright0515]

And your answer is very appropriate owning assets for 5-10 years isn't something that someone should do rather it's how someone can generate a stable monthly income. This is something that many people should do regardless of their investment or planning for Bitcoin investment.

What are you saying?
Are you trying to say that holding Bitcoin for 5 - 10 years is not something people should do?
Your comment explains that you are not in support of long term Bitcoin investment. If that's what you are really saying it means you don't understand the importance of long term growth. The value of Bitcoin increases overtime, which proves that HODLing it for a long term will add more value to it.
As a matter of fact you don't need a stable income to start investing into Bitcoin, because Bitcoin investment offers flexibility which means you can invest anytime you have some leftover money which is also known as your discretionary income but you can also buy Bitcoin aggressively if you have more leftover money (discretionary income). One of the reason why Bitcoin investment offers flexibility is actually for and other investors to invest responsibly rather than investing randomly with money for their survival, if by any chance you invest with the money for your survival, there's no doubt that you are making poor decisions that can lead to early sales of your assets.
However, we all know that money does just come out from nowhere but we also understand the fact that so long as you have something doing that can generate money for you daily, weekly or monthly you can buy Bitcoin with the extra money you have earned from whatever you are doing to get money. My little  advice to you is that it's better for you to invest gradually than invest aggressively and end up selling in the the near future.

It is necessary to keep yourself as far away from the trading mentality as possible. Because there is a lot of risk in trading and the possibility of losing your money by trading is much higher. The tendency of short-term profits in trading can take you out of the mentality of long-term investment. So focusing on trading is never the right decision.

This is not the topic or board for trading discussions.

[The Founding Titan]

[...]

Investment risk can be handled in more mature way to money which can be seen as test that can only be beaten through learning instead of avoiding money. To the prepared, day to day price swings of Bitcoin are less frightening since they think about its value in long term and see fall in price as sale and not always loss. Reason is that numbers show longer you own Bitcoin better chances you have to keep money earned, meaning it was very good tool to protect your future savings against rising prices. Most individuals are not ready just because they are not well told on how it works yet, but when one waits to have most perfect steady moment. Most often one will fail to get best chances. Holding on to your plan when everyone is scared to me is true test of investor since there will never be time around when market is not unsteady.

People fear the volatility without truly understanding what they are investing long term mindset is what separates people who panic from those who actually build their wealth, one don't wait for the right time because it rarely ever comes when you prepare yourself instead staying consistent and relying to a plan when things get worse.

.I think what people need to understand is that if bitcoin wasn't a volatile asset then they wouldn't be able to get any profit from it even long term, bitcoin's volatility is the reason why the price dips but it is also the reason why the price spikes too so if bitcoin wasn't a volatile asset holding for long would probably just shield against inflation so we would be able to store value but no profit would be made in the sense of it's price going high.
Bitcoin being volatile is not a flaw, it's actually one of the characteristics that makes bitcoin worth investing in.