Buy Buy Buy or Sell Sell Sell?

[Agbamoni]

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.

I agree with you. To put it better, it is your strategy that lets you mitigate risk. Long-term investment is a strategy, and under this strategy, there are mini goals we must set aside if we want success in the end.

Discretionary income, and emergency funds are the most prioritze pattern towards this strategy. A stabel income source provides you discrentonary income for consistent accumulation. While emergency funds, prevnt you from tapping into your long term investment when there is an emergency.

[Promocodeudo]

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.

If I may ask, how long do you think that's appropriate for invetsors to hodl Bitcoin and what's the making of long term Bitcoin hodling or are you not an advocate of Bitcoin hodling for a long-term? May question is coming came because of what you wrote, it seems you do not support long-term? The number of years you mentioned here is not even long-term as such because 2 cycles and half should not be consider as long-term, so you're suggesting that people should not own asset in those number of years, I ask again since you adviced that people should not have asset for 5-10 years, what then will they be doing with the stable income that they'll be generating or will they be using it to feed or doing other shit without continuing their Bitcoin accumulation for the future?

[Queen uloma]

It’s a normal thing in bitcoin market, price are not always stable, it goes up and down anytime. So nobody can predict when to buy or sell bitcoin. Most people has encountered same mistake. Where they buy, when the price are already high, maybe because of over hype, then when the market drops, fear will make them sell and they will eventually lose. Most times it’s our emotional decisions that makes us end up in this kind of situation. So, It’s not really about one exact buy time or sell time because there’s no perfect timing in bitcoin. So, never you invest money you can’t afford to lose and don’t panic to sell. Always draft your plan before you invest. Know when to buy and when to sell, so that emotions won’t control you. Bitcoin investment isn’t where to make quick money. It’s patience and smart decisions and discipline that keeps you in the game and nothing more.

[Rockstarguy]

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.

It is very common that what you don't know will scare you. People who are scared of investing in Bitcoin, the honest truth is that they don't understand it, and it is always difficult to invest in Bitcoin except for those who expect too much from it but still don't understand it.

Knowledge is the key, and when you have it, it means you have no reason to be scared because you already understand the risks and know how to go about the investment. Those who are scared do so because they don't understand the risks in the volatility of Bitcoin and how to navigate it.

[Finebone]

. Know when to buy and when to sell, so that emotions won’t control you. Bitcoin investment isn’t where to make quick money. It’s patience and smart decisions and discipline that keeps you in the game and nothing more.

The problem most guys like you have towards your bitcoin investment is that you always treat it with trading mentality, without knowing that the best way to reap the full benefit from your Bitcoin investment, is by buying and accumulating consistently and holding for a very long time, not by buying and setting a timeframe to sell, when you have not even build a tangible stash of bitcoin first.
According to your statement, that knowing when to buy and sell makes your emotions not to control you, I think you are wrong, because knowing when to buy and sell is not the reason you wouldn't react emotionally to your Bitcoin investment, what I believe is the best way to manage your emotions is only when you invest with what you can afford to lose, that is the only way you wouldn't be emotionally attached to your Bitcoin investment.

[Gallar]

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.

Yes, I agree with your assumption, friend. It's true that when we implement a DCA strategy, we don't need to buy Bitcoin every week if we can't afford it. Because if something like that is forced, it will definitely become a problem later. Therefore, when we want to invest in Bitcoin and want to use DCA as a strategy, I think the simplest thing to do is buy Bitcoin when we have budgeted everything.

If there's any remaining money, or what we usually call discretionary funds, then we should buy Bitcoin at that time. So, the point is, if our finances aren't stable, we don't need to set ourselves a limit to doing DCA once a week, once every two weeks, or once a week. Because that would be a burden if we can't do it. So, we should just do the easiest thing. So, the point is, buy Bitcoin when we have discretionary funds, because that's simpler, in my opinion.

[MissNonFall9]

The main thing is to maintain continuity in investment, it can be weekly or monthly, it depends on the type of income of the person. So I also agree with you that it is important to continue investing without worrying about weekly or monthly investment. Therefore, the investor should invest depending on which one he feels comfortable with.

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.

Many people wonder whether to invest weekly or monthly? So I say that it is important to decide whether to invest weekly or monthly without making it the main concern. Because many people who earn weekly will continue to invest as much as they can every week after meeting their expenses, and on the other hand those who earn monthly will invest in the same way excluding expenses. And those who earn daily will no longer be able to invest on a daily basis. They will either invest weekly or invest on a monthly basis. My main point is to focus on investment.

[Zackz5000]

It’s a normal thing in bitcoin market, price are not always stable, it goes up and down anytime. So nobody can predict when to buy or sell bitcoin. Most people has encountered same mistake. Where they buy, when the price are already high, maybe because of over hype, then when the market drops, fear will make them sell and they will eventually lose. Most times it’s our emotional decisions that makes us end up in this kind of situation. So, It’s not really about one exact buy time or sell time because there’s no perfect timing in bitcoin. So, never you invest money you can’t afford to lose and don’t panic to sell. Always draft your plan before you invest. Know when to buy and when to sell, so that emotions won’t control you. Bitcoin investment isn’t where to make quick money. It’s patience and smart decisions and discipline that keeps you in the game and nothing more.

When to accumulate Bitcoin is when you have your discretionary income set then as an investor who started accumulating Bitcoin you shouldn't have an plan of selling soon when you haven't reach your over accumulation time which will gett you regularly accumulation of Bitcoin for 4-10. A long time Bitcoin hodlers wouldn't be worried about the volatility of Bitcoin since he never plan of sell off soon, it's traders practice to always target when the market is down to sell when it went up since we can't predict of price of Bitcoin most of them always have a failed plan and sell in lost in other not to loss more.

[Ruttoshi]

Know when to buy and when to sell, so that emotions won’t control you. Bitcoin investment isn’t where to make quick money.

You sound more like a trader because a long-term bitcoin investor shouldn't be thinking on when to sell because that will distract him from staying focused on his bitcoin accumulation since profit is at the back of his mind.

You are only to start thinking of selling when you have reached your over accumulation stage and when taking profits, you have to use the sustainable withdrawal method method so that you don't sell too many bitcoin too soon and go back to become a low coiner who will start accumulating bitcoin again.

A brand new investor needs to have a bitcoin target that he wants to accumulate in order to keep him focused on his bitcoin accumulation without deflecting from long term invest to a trader. Just once selling when you haven't reach your bitcoin target can change your mindset to start selling bit by bit and before you know it you have crumbled your bitcoin investment.

[devouring-DARKNESS]

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.

I agree with you. To put it better, it is your strategy that lets you mitigate risk. Long-term investment is a strategy, and under this strategy, there are mini goals we must set aside if we want success in the end.

Discretionary income, and emergency funds are the most prioritze pattern towards this strategy. A stabel income source provides you discrentonary income for consistent accumulation. While emergency funds, prevnt you from tapping into your long term investment when there is an emergency.

Discretionary funds is a must have to be able to accumulate bitcoin, but an investor doesn't need to have his emergency fund ready first before being able to invest, it is important but it's priority level is not the same as that of the discretionary fund, infact without having discretionary funds we can't have emergency funds, this alone already sets discretionary funds apart placing it in a league of it's own, it is the one criteria to be able to successfully invest in bitcoin.
An investor can through their discretionary fund invest in bitcoin and also save up their emergency fund at the same time, this is better than prioritizing your emergency fund over your investment itself.

[Stormisover]

The main thing is to maintain continuity in investment, it can be weekly or monthly, it depends on the type of income of the person. So I also agree with you that it is important to continue investing without worrying about weekly or monthly investment. Therefore, the investor should invest depending on which one he feels comfortable with.

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.

Many people wonder whether to invest weekly or monthly? So I say that it is important to decide whether to invest weekly or monthly without making it the main concern. Because many people who earn weekly will continue to invest as much as they can every week after meeting their expenses, and on the other hand those who earn monthly will invest in the same way excluding expenses. And those who earn daily will no longer be able to invest on a daily basis. They will either invest weekly or invest on a monthly basis. My main point is to focus on investment.

The Hallmark of when to invest should be compulsorily when there is a discretionary income, people shouldn't be wondering about whether to invest weekly or monthly, your cash flow and availability of the left over money should determine your buying operations, whether it is weekly or monthly one doesn't have to really worry about that since the most important is that you are buying Bitcoin and buying only whenever you have a discretionary funds after caring for your essentials living expenses.

[Bigjoe33]

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.

I don't think it's right for someone who earns weekly bot to invest weekly provided he has his discretionary income available, or someone who earns monthly not to invest us he still has his discretionary income available. If they don't invest weekly when the income arrives, what then weill they do with it? I don't think it's right to keep it somewhere doing nothing, you know, something can take it, I mean unplanned demands. Therefore, it's important you accumulate Bitcoin weekly or monthly when the income comes in provided there is a discretionary income left after settling your basic needs.

[noormcs5]

If I may ask, how long do you think that's appropriate for invetsors to hodl Bitcoin and what's the making of long term Bitcoin hodling or are you not an advocate of Bitcoin hodling for a long-term? May question is coming came because of what you wrote, it seems you do not support long-term? The number of years you mentioned here is not even long-term as such because 2 cycles and half should not be consider as long-term, so you're suggesting that people should not own asset in those number of years, I ask again since you adviced that people should not have asset for 5-10 years, what then will they be doing with the stable income that they'll be generating or will they be using it to feed or doing other shit without continuing their Bitcoin accumulation for the future?

Not getting into confusion, why not just follow the bitcoin cycle and hold bitcoin for 4 to 5 years, and you will see a considerable increase in bitcoin price, probably the all-time high too. Five years or so is considered long term when we talk about bitcoin, but when we talk about investment in Gold and property, people are happy to hold it for a decade or even more, but don't know why they are so eager to sell bitcoin early or think of gaining profits as early as one or two years 

[Sulegzy39]

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.

I agree with you. To put it another way, your plan enables you to manage risk. Long-term investment is a strategy, and it includes minor goals that must be set aside if we are to succeed in the end. Discretionary income and emergency money are the most important patterns for this method. A stable income source supplies you with variable income for steady accumulation. Emergency savings prevent you from tapping into your long-term investments in the event of an emergency.

[GIF-JOBS]

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.

It is very common that what you don't know will scare you. People who are scared of investing in Bitcoin, the honest truth is that they don't understand it, and it is always difficult to invest in Bitcoin except for those who expect too much from it but still don't understand it.

Knowledge is the key, and when you have it, it means you have no reason to be scared because you already understand the risks and know how to go about the investment. Those who are scared do so because they don't understand the risks in the volatility of Bitcoin and how to navigate it.

And that is why we need to gain at least a general knowledge about Bitcoin in the first place. In fact, those who have no idea about it will definitely not be able to invest for a long time, because they will have a panic attitude that will lead them to failure. But if you have knowledge and faith in Bitcoin, then because of this faith you will never be afraid of volatility, so there will be no chance of you making the wrong decision and selling your investment, especially during times of volatility. That is why it is necessary to know the basics of Bitcoin, knowing the risks, possibilities, we can be more confident in holding our investment.

[Grease5000]

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.

I agree with you. To put it better, it is your strategy that lets you mitigate risk. Long-term investment is a strategy, and under this strategy, there are mini goals we must set aside if we want success in the end.

Discretionary income, and emergency funds are the most prioritze pattern towards this strategy. A stabel income source provides you discrentonary income for consistent accumulation. While emergency funds, prevnt you from tapping into your long term investment when there is an emergency.

Risk is part of Bitcoin, no doubt—but people aren’t here just for the thrill. It’s the long-term upside and scarcity that attract investors. The key is patience and a solid strategy, not hype.

[Umulala-alala]

And that is why we need to gain at least a general knowledge about Bitcoin in the first place. In fact, those who have no idea about it will definitely not be able to invest for a long time, because they will have a panic attitude that will lead them to failure. But if you have knowledge and faith in Bitcoin, then because of this faith you will never be afraid of volatility, so there will be no chance of you making the wrong decision and selling your investment, especially during times of volatility. That is why it is necessary to know the basics of Bitcoin, knowing the risks, possibilities, we can be more confident in holding our investment.

It's not necessary that you should have all general knowledge about bitcoin investment before you can able to start because you can't know all about bitcoin investment, if you can just understand some basics about bitcoin investment and also have your discretionary income you can kick start your bitcoin investment and learn as you continue buying. Long time BTC investor will not panic about bitcoin volatility because he is not for a short time gain and also investing with his discretionary income.

[whiteblue]

Risk is part of Bitcoin, no doubt—but people aren’t here just for the thrill. It’s the long-term upside and scarcity that attract investors. The key is patience and a solid strategy, not hype.

Investing in Bitcoin for the long term, so they seek ways to buy gradually using the DCA strategy. There's no way to get rich quick, As everything requires a long process and a long journey. Some Investors even sell other assets to buy Bitcoin Because they know Bitcoin is not inflationary and will become increasingly scarce. The key is to be patient and hold for the long term.

Investing in Bitcoin also requires the confidence to hold even during times of global turmoil, Such as the current war. we shouldn't panic because Bitcoin can't be Controlled by any single country, and therefore, it won't be significantly affected by anything that happens unless the internet goes down. Therefore, we must manage our Strategies to hold and buy more aggressively when the price is low, like now.

[Bd officer]

Not getting into confusion, why not just follow the bitcoin cycle and hold bitcoin for 4 to 5 years, and you will see a considerable increase in bitcoin price, probably the all-time high too. Five years or so is considered long term when we talk about bitcoin, but when we talk about investment in Gold and property, people are happy to hold it for a decade or even more, but don't know why they are so eager to sell bitcoin early or think of gaining profits as early as one or two years 

Perhaps greed is at work here! Because in the past, Bitcoin price has a record of changing a lot in 1 year. For example, in January 2024, Bitcoin price was below $40k but in December it was $100k +. So people may follow the past charts and think of making profit within 1-2 years but this is not the right plan and this kind of mindset should be changed. Actually, to invest in Bitcoin, you should plan for the long term, like other assets, Bitcoin should be held for 8-10 years. If you plan for 1 year or short term, you may face losses instead of profits. The bottom line is that if you want to invest in Bitcoin, you should be patient and plan to hold for 8-12 years or 2-3 cycles and this will reduce the risk.

[Primark]

If I may ask, how long do you think that's appropriate for invetsors to hodl Bitcoin and what's the making of long term Bitcoin hodling or are you not an advocate of Bitcoin hodling for a long-term? May question is coming came because of what you wrote, it seems you do not support long-term? The number of years you mentioned here is not even long-term as such because 2 cycles and half should not be consider as long-term, so you're suggesting that people should not own asset in those number of years, I ask again since you adviced that people should not have asset for 5-10 years, what then will they be doing with the stable income that they'll be generating or will they be using it to feed or doing other shit without continuing their Bitcoin accumulation for the future?

Not getting into confusion, why not just follow the bitcoin cycle and hold bitcoin for 4 to 5 years, and you will see a considerable increase in bitcoin price, probably the all-time high too. Five years or so is considered long term when we talk about bitcoin, but when we talk about investment in Gold and property, people are happy to hold it for a decade or even more, but don't know why they are so eager to sell bitcoin early or think of gaining profits as early as one or two years 

I understand your point. Although we consider Bitcoin to be an asset like gold and land, some people do not want to hold Bitcoin even if they can hold the land for 10 years or more. There are many reasons for this, land can be seen in reality, touched in hand, but since Bitcoin is digital, it cannot be touched or seen in reality. This is the main problem of many. This is not actually a problem with Bitcoin. Rather, it is a problem with people's knowledge. Since the digital asset Bitcoin is based on mathematical concepts, they think that it may be lost to us forever. So it is better to withdraw the profit now.

There are also some investors who, despite having sufficient knowledge, do not want to hold it for a long time.  I think the volatility of the Bitcoin market is one reason for this. Just as fear works when the price drops in market volatility, when the price of Bitcoin increases dramatically, some people get greedy. They don't try to understand that market volatility is an opportunity to increase savings. Because many people still see Bitcoin not as an asset but as a quick profit machine. That's the problem. Although I wouldn't call them investors. Because investors' plans are more well-structured. I think if everyone knew that Bitcoin is an asset, some people's mindset and plans would be different. HODL is easy to say, but quite difficult to do in practice. How can a person who can't handle a little greed HODL for more than 10 years?