Buy Buy Buy or Sell Sell Sell?

[Homemade-IQ]

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.

Yes, I also say that, we just need to be aware of investing in Bitcoin, there is no need to worry about whether it is monthly or weekly. We should determine the investment time of the DCA method according to the time of receipt of money. I also think it is important for us to keep an eye on the continuity so that it is not disrupted, and we must do all the necessary strategies to maintain continuity.

Yes,, the point is, we don't need to be afraid to take the first step, because even if we make a mistake, we can easily reverse that first step. So,, the point is, when we want to invest in Bitcoin, we don't need to be confused or paranoid when starting. After all, it's just the beginning, and the beginning doesn't have to be perfect. So,, just take the first step and don't overthink it when we first start investing in Bitcoin. Remember, in Bitcoin investing, we're not striving for perfection; we want to protect our assets from inflation and perhaps increase their value. So, whether we invest once a week or whatever, we don't need to focus on that. What we need to focus on is our cash flow so we can have discretionary funds. So, beyond that, we don't need to be confused, especially if it's for beginners. For beginners, just buying Bitcoin is a good idea, so I think any strategy is fine for the first step.

I agree that your cash flow should guide your Bitcoin investment. Buying only when you have extra money after covering your needs makes it easier and more sustainable, and there’s no need to worry too much about whether it’s weekly or monthly. The key is to start and stay consistent.
However, just buying is not enough. It’s important to have some level of awareness so you don’t invest at the wrong time or put in more than you can handle. A simple balance between consistency and basic market awareness makes a big difference in the long run.

With the highlighted statement above, am really interested to know when is the wrong time to invest in bitcoin, because what I have come to understand about Bitcoin is that, their is no wrong time to buy, as long as you are doing it from your discretionary income or a money you can afford to lose, then you will be fine.

Why their is no wrong time to buy Bitcoin is that this current price might seems very expensive now, but in few years to come, this price my looks like a steal because it might has risen to times three or times five of it current price, so their is no wrong time to buy Bitcoin as you are saying.

[Umulala-alala]

With the highlighted statement above, am really interested to know when is the wrong time to invest in bitcoin, because what I have come to understand about Bitcoin is that, their is no wrong time to buy, as long as you are doing it from your discretionary income or a money you can afford to lose, then you will be fine.

Why their is no wrong time to buy Bitcoin is that this current price might seems very expensive now, but in few years to come, this price my looks like a steal because it might has risen to times three or times five of it current price, so their is no wrong time to buy Bitcoin as you are saying.

If you say there is not wrong time to buy bitcoin you can be wrong when a new investor who is supposed to buying bitcoin steadily and started waiting for dip to buy don't you know it's wrong? Even if he is using his discretionary income it's a wrong method of buying bitcoin as a new investor it's even mostly traders who does that and it will still delay your investment because you don't know when it will happen for you to buy. The best time an investor can start is when he has his discretionary income and if he has his discretionary income and choose to buy bitcoin when it only dip then it's wrong.

[JayJuanGee]

Some guys might also get sucked into using their capital (including whatever bitcoin that they had built up) in order to try to leverage their own abilities to earn money from their labor - and some of those business ideas might be good ones and others might contribute towards overly depletion of bitcoin holdings and no abilities to get the size of the earlier bitcoin holdings back in the future.

The idea of DCA is to build a position long term, you compound and accumulate without timing the market, and withdrawing your Bitcoin holdings as a leverage to earn better money in Oder to increase your discretionary income is basically interrupting the whole plan, and the thing is that what ever plan you have that gets one inspired to do such, is honestly not guaranteed,
You might loose the money, or you might achieve your goals, and basically I do feel that anything that does not guarantee for profits or increase of income, is not worth touching your holdings.

The leveraging of capital in order to potentially increase the earning potential of a person's labor is not less guaranteed than putting the money into bitcoin for 4-10 years or longer.  

Folks have to determine their options based on their individual circumstances, including that if they can increase the value of their labor, they may well end up putting themselves into a lifetime of increased income.

Maybe you would like a more specific example?  Let's say that a bitcoiner is in his early 20s had been working and buying bitcoin around 5-ish years, and maybe and he had been buying right around $25 per week of bitcoin during that whole time, so he had invested nearly $7k and he had accumulated right around 0.16 BTC.

Let's say that his current job is an unskilled laborer and there are not many opportunities for promotion, and he works around 60 hours per week and he makes around $1k per month.  

Let's say that he has an opportunity to go to electrician school, and it is going to be a 1 year program and it will likely cost him right around 1/2 of his bitcoin stash.. so maybe around 0.08 to 0.1 BTC, yet once he finishes the electrician training, he has around 80% odds of being able to be hired in various kinds of employment that involve ONLY 40 hours per week, and they pay around $2,500 per month with opportunities for promotion.

Every guy has to consider these matters differently, yet I am providing you with an example where a guy might put himself into a much better income position by using his bitcoin rather than not.

If one has emergency funds saved up he can use that, but if he doesn't, then hustling continues,

You are fighting with the hypothetical, and perhaps you don't understand some of the ways that capital sometimes might be needed and especially important when a person is young to make certain choices that are not always easy and they do not even give obvious answers since many times there are going to be unknowns and calculations of probabilities, and yeah sometimes the choices will not be all or nothing, even though some opportunities might ONLY come at a certain time in life.. so for example if a person were to go to medical school, he might have to be within a certain age range and have certain experiences to even qualify..

even as it is hard to accept, you will have to pulse your investment, because you have less of a choice, look for other means to get better income, amd continue on your journey,
There has to be a way out there to increase your income, only if you search well, there are also opportunities in this forum as well,you just have to search.

Sometimes guys might not know exactly what they want to do, yet if they spend time in certain kinds of work, then they might pigeonhole themselves in terms of their abilties to be able to be eligible for other kinds of work.

I recall that when I went to college, I took certain kinds of classes in order that I could get an internship for a certain kind of work that I wanted to be able to do, and I would have had never been able to get that kind of work or that kind of experience if I had not taken advantage of certain access that I was able to get because I was both in a certain kind of a school program and that I had also engaged in certain kind of internship that was not paid.. so then my income ended up going up a lot because I ended up being able to get work within the area that I sought out.  I also had to travel for various interviews that were quite a long distance from themselves, so I spent a week going on interviews in different places and traveling from one location to another.. .which ultimately resulted in a job offer (something like 6 months after the interviews). ..so what I am saying is that sometimes in order to get a promotion, certain kinds of extra efforts have to be made.. ..

There is a slight mistake here I think because in the end we can get both directly with the discretionary funds we have because in this case we can divide the discretionary funds into several things including funds for us to buy bitcoin while having an emergency fund.
We just need to have good management here so that we can run both without having to wait for one of them first.Fung

The emergency fund will be created when we have discretionary funds as well as for comfortable investing.
We only need to divide the discretionary funds into several parts such as 40% emergency funds, 30 percent of the remaining reserve funds to buy bitcoin if ..

I dont agree with a lot of things you said. The mindset of dividing funds first, then investing whatever is left into Bitcoin, is a big issue. Your investment approach needs to be intentional towards your goal. Emergency funds and reserve funds are in fiat, so why leave 80% of your discretionary income in fiat and 10-20% in Bitcoin? I think that's a lot of money kept in fiat that decreases in value subsequently.

3 to 4 months is enough to build your emergency funds. Once it is set, you dont need to be putting up to 40% in emergency anymore. Deduct 20% and add it to your Bitcoin accumulation percentage. So that Bitcoin becomes the primary interest after emergency funds has been sorted out. Everything else becomes secondary after emergency funds and reserve funds have been sorted out. Mind you, reserve funds are option and diversification are option. It shouldnt remove your main focus on Bitcoin.

You are correct that when @red4slash decided to put 40% in emergency funds and 30% into reserve funds, he is ONLY left with 30% to put into bitcoin, and he also had not accounted for discretionary consumption.

Largely emergency funds and reserve funds are two separate parts of a similar category, which is back up funds... a good default position might be 33% bitcoin investment, 33% back up funds and 33% discretionary consumption...and of course, as back up funds are built up they no longer need to be added to....

[Dreadboost]

Why their is no wrong time to buy Bitcoin is that this current price might seems very expensive now, but in few years to come, this price my looks like a steal because it might has risen to times three or times five of it current price, so their is no wrong time to buy Bitcoin as you are saying.

I share the same sentiment that there is no wrong time to buy Bitcoin if your goal, mindset, strategy, and long-term plan are aligned. 
This statement is for long-term investors. Short-term investors who are typically traders are affected by wrong positions in the market. They rely on the market volatility to take profit, but for discipline long term investors, it is a benefit for them. Every price, whether high or low, is suitable to buy because the end point is what matters. 

Bitcoin today may look expensive, and tomorrow it becomes cheap, to a price you may never buy from again. We may never get to buy at $100 forever, but there was a time when it was expensive to buy Bitcoin at $100. The reality for long-term investors is that they should be prepared to sit through the comfortable and uncomfortable process of holding for the long. The end is what matters.

[Gallar]

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.

Yes, I also say that, we just need to be aware of investing in Bitcoin, there is no need to worry about whether it is monthly or weekly. We should determine the investment time of the DCA method according to the time of receipt of money. I also think it is important for us to keep an eye on the continuity so that it is not disrupted, and we must do all the necessary strategies to maintain continuity.

Yes,, the point is, we don't need to be afraid to take the first step, because even if we make a mistake, we can easily reverse that first step. So,, the point is, when we want to invest in Bitcoin, we don't need to be confused or paranoid when starting. After all, it's just the beginning, and the beginning doesn't have to be perfect. So,, just take the first step and don't overthink it when we first start investing in Bitcoin. Remember, in Bitcoin investing, we're not striving for perfection; we want to protect our assets from inflation and perhaps increase their value. So, whether we invest once a week or whatever, we don't need to focus on that. What we need to focus on is our cash flow so we can have discretionary funds. So, beyond that, we don't need to be confused, especially if it's for beginners. For beginners, just buying Bitcoin is a good idea, so I think any strategy is fine for the first step.

I agree that your cash flow should guide your Bitcoin investment. Buying only when you have extra money after covering your needs makes it easier and more sustainable, and there’s no need to worry too much about whether it’s weekly or monthly. The key is to start and stay consistent.
However, just buying is not enough. It’s important to have some level of awareness so you don’t invest at the wrong time or put in more than you can handle. A simple balance between consistency and basic market awareness makes a big difference in the long run.

I don't understand what you mean by the wrong time. Personally, if you want to buy Bitcoin and already have the discretionary funds, there's no wrong time to start buying. If you want to invest long-term in Bitcoin, I don't think there's a wrong time to buy now. I believe the price of Bitcoin is still quite low, and buying now is clearly a better time than waiting and buying in the coming year. So,, the point is, we don't need to be picky about when to buy Bitcoin, because time is incredibly valuable, and we can't buy time even with a mountain of money. Therefore, when we have the opportunity to buy Bitcoin, it's clear that we should do it right away. So, don't overthink this and that, because it will clearly become a barrier that we might not realize. So, starting is more important than overthinking.

[SatsPH]

Why their is no wrong time to buy Bitcoin is that this current price might seems very expensive now, but in few years to come, this price my looks like a steal because it might has risen to times three or times five of it current price, so their is no wrong time to buy Bitcoin as you are saying.

I share the same sentiment that there is no wrong time to buy Bitcoin if your goal, mindset, strategy, and long-term plan are aligned. 
This statement is for long-term investors. Short-term investors who are typically traders are affected by wrong positions in the market. They rely on the market volatility to take profit, but for discipline long term investors, it is a benefit for them. Every price, whether high or low, is suitable to buy because the end point is what matters. 

Bitcoin today may look expensive, and tomorrow it becomes cheap, to a price you may never buy from again. We may never get to buy at $100 forever, but there was a time when it was expensive to buy Bitcoin at $100. The reality for long-term investors is that they should be prepared to sit through the comfortable and uncomfortable process of holding for the long. The end is what matters.

Right, if you look historically, perhaps in 2017, it's very expensive as it went as high as $20,000. But that was 10 years ago and if you started to do DCA and long for the bigger picture, in 2025 we have a huge rally going to $126,000. So that is a big profits already, assuming you stay and with that goal in hand to hold as long as you can, it could really be a game changer already.

And if others are afraid of volatility, don't treat it as a friend. As when the price decline, it's always a buying opportunity, not risk. Traders got rekt sooner or later, by leverage and emotions. Long term holders have patience, we have strong convictions.

[alankasman]

I don't understand what you mean by the wrong time. Personally, if you want to buy Bitcoin and already have the discretionary funds, there's no wrong time to start buying. If you want to invest long-term in Bitcoin, I don't think there's a wrong time to buy now. I believe the price of Bitcoin is still quite low, and buying now is clearly a better time than waiting and buying in the coming year. So,, the point is, we don't need to be picky about when to buy Bitcoin, because time is incredibly valuable, and we can't buy time even with a mountain of money. Therefore, when we have the opportunity to buy Bitcoin, it's clear that we should do it right away. So, don't overthink this and that, because it will clearly become a barrier that we might not realize. So, starting is more important than overthinking.

Where does the error lie? After I understand it your statement is absolutely correct and accurate. When we have sufficient funds or capital buying is something everyone including myself, must do. Unless we have limited funds to cover our spending needs we wouldn't buy Bitcoin even if the price is dropping which would give us an opportunity to increase our accumulated funds.
This is completely inaccurate as the relevant parties' statements about the wrong timing are completely inaccurate. Everyone has their own healthy mindset and their own personal choices to protect themselves from things that could complicate their lives. Especially when it comes to the sufficiency or necessity of buying Bitcoin there are many things that should be carefully considered to prevent unwanted consequences.

For example among 10 people there are 5 people who have healthy and sufficient finances of course they will not delay buying Bitcoin at all because when something suddenly needs them without thinking much about it but for someone whose finances are running low of course even if they do buy Bitcoin in a fairly short time they will sell what they have accumulated again this is because the finances they have are not enough to make purchases to increase the number of Bitcoins so people wait to buy because there are main factors that they have to do and they also will not accumulate Bitcoin with a long-term method because they realize that when they need it of course it will make things difficult for themselves.

[disbil]

If you say there is not wrong time to buy bitcoin you can be wrong when a new investor who is supposed to buying bitcoin steadily and started waiting for dip to buy don't you know it's wrong? Even if he is using his discretionary income it's a wrong method of buying bitcoin as a new investor it's even mostly traders who does that and it will still delay your investment because you don't know when it will happen for you to buy. The best time an investor can start is when he has his discretionary income and if he has his discretionary income and choose to buy bitcoin when it only dip then it's wrong.

I think bad for new investor buying bitcoin before making research and analyze current price already dip or not? You can't hurry up to be investor in bitcoin exactly with the global moment not stable yet easily for bitcoin raise dip or lower price. In my way to be investor in bitcoin you must patience waiting the dip price and not following the other exactly bitcoin have been on higher price to buy, indeed you use DCA way for investing in bitcoin actually not really good ideas.
Buy and invest in bitcoin on the right moment, I think not problem investing in bitcoin without following DCA way and patience waiting the DIP price to invest because has bigger chance then get faster moment to earn profit.

[Fakhrulenclix]

If you say there is not wrong time to buy bitcoin you can be wrong when a new investor who is supposed to buying bitcoin steadily and started waiting for dip to buy don't you know it's wrong? Even if he is using his discretionary income it's a wrong method of buying bitcoin as a new investor it's even mostly traders who does that and it will still delay your investment because you don't know when it will happen for you to buy. The best time an investor can start is when he has his discretionary income and if he has his discretionary income and choose to buy bitcoin when it only dip then it's wrong.

I think bad for new investor buying bitcoin before making research and analyze current price already dip or not? You can't hurry up to be investor in bitcoin exactly with the global moment not stable yet easily for bitcoin raise dip or lower price. In my way to be investor in bitcoin you must patience waiting the dip price and not following the other exactly bitcoin have been on higher price to buy, indeed you use DCA way for investing in bitcoin actually not really good ideas.
Buy and invest in bitcoin on the right moment, I think not problem investing in bitcoin without following DCA way and patience waiting the DIP price to invest because has bigger chance then get faster moment to earn profit.

Sometimes some people do not have much time and knowledge to analyze in depth and wait for Bitcoin's price to drop, so I don't overthink it here. If someone wants to invest in Bitcoin for the long term, then using a DCA strategy and buying when the designated time arrives is already quite good, regardless of the current Bitcoin price, because if we keep waiting for the right time, there is a chance we might miss a good moment since no one can predict Bitcoin's price with certainty. Therefore, it is best for us to just focus on accumulation; this is for people who want to invest in Bitcoin for the long term.

[sotelorene]

With the highlighted statement above, am really interested to know when is the wrong time to invest in bitcoin, because what I have come to understand about Bitcoin is that, their is no wrong time to buy, as long as you are doing it from your discretionary income or a money you can afford to lose, then you will be fine.

Why their is no wrong time to buy Bitcoin is that this current price might seems very expensive now, but in few years to come, this price my looks like a steal because it might has risen to times three or times five of it current price, so their is no wrong time to buy Bitcoin as you are saying.

If you say there is not wrong time to buy bitcoin you can be wrong when a new investor who is supposed to buying bitcoin steadily and started waiting for dip to buy don't you know it's wrong? Even if he is using his discretionary income it's a wrong method of buying bitcoin as a new investor it's even mostly traders who does that and it will still delay your investment because you don't know when it will happen for you to buy. The best time an investor can start is when he has his discretionary income and if he has his discretionary income and choose to buy bitcoin when it only dip then it's wrong.

I think the " there is no wrong time" they are talking about is that you can actually start your Bitcoin investment at any time and any point but that doesn't mean you will be the same with people that started some years back unless the ones that are not serious. There is no actually wrong time but be rest assure that if you don't invest now that you will miss a lot of opportunities that would have help grow or boost your portfolio but I don't want to anticipate on that sentence because I will advise people to accumulate if they have all it takes

[Obulis]

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.

But low income earners are still accumulating Bitcoin why will then say it will be difficult to accumulate Bitcoin when you don't have a stable income coming in. What is requested to get started with your discretionary income you need to have this to start accumulating Bitcoin, you may not accumulate in a large amount but when you are consistently accumulating with the DCA strategy and hodl in a longer time you can accumulate a large amount of Bitcoin. You can accumulate Bitcoin little by little using the DCA strategy and hodl for 4-10 or more.

I don't think if he actually understands that even those without stable income still stands the chance to invest in bitcoin. The important thing is if they have discretionionary income available to do so. Those that lacks stable source of income can be buying bitcoin using DCA strategy and can only DCA whenever there is available discretionionary income to buy bitcoin.  So he should understand that even without stable income a newbie can start accumulating and works towards stablisng there income.

It might sound so unrealistic that those without stable income can still invest in Bitcoin but that very true. As kids, many of our grand parents (grandma and or grand pa) borrowed others some money and also build another or new saving box all that happened without a stable income in most cases and we all know that such money can be put to more advantage by investing it into Bitcoin if there was Bitcoin back then. This explains the possibility of someone without stable income to be able to invest in Bitcoin. The chances may be small but it's possible.

[Bright0515]

I think bad for new investor buying bitcoin before making research and analyze current price already dip or not

Isn't it obvious that before a beginner will start buying Bitcoin they already have the basic knowledge? So why think bad of them when it's possible that they will know more about Bitcoin investment while they keep investing into Bitcoin (I don't agreed with your statement). In Bitcoin investment, you don't need to make a lot of research before you get the basic knowledge to start investing buying Bitcoin, so if anyone is buying Bitcoin it shows that they already have the basic knowledge, besides it's not hard to buy Bitcoin through P2P if the buyer have common sense.
This statement have a lot of misleading contents because in Bitcoin investment you don't need to analyze Bitcoin before you start buying (I guess that's for traders and here's not a trading discussion). Did you know that analyzing the market comes with a lot of overthinking or let's just say it can delay investors, so your statement is wrong.
Your comment also neglects the importance of DCA strategy, why because as an investors, if you want to use DCA strategy to buy Bitcoin you don't need to time the market or analyze it because with DCA method you can buy even when price is huge or low, so for that instead a beginner should wait for a dip they can start with DCA method and start buying Bitcoin with little amount of money from their discretionary income, and to be honest here, DCA method reduces risk in the the future because you do not invest with your survival money.

In my way to be investor in bitcoin you must patience waiting the dip price and not following the other exactly bitcoin have been on higher price to buy, indeed you use DCA way for investing in bitcoin actually not really good ideas.

Still wrong mate. First of all can you predict when Bitcoin will dip? I don't think so because Bitcoin is unpredictable, there are so many other people who have predicted Bitcoin to crash but at the end it doesn't, so for that waiting for the dip before you start buying Bitcoin is misleading except you are advising short term investment (which is not advised either).
The bold part of your comment is misleading because it can make beginners to be stuck in one  position for a very long period of time with out achieving anything at all. Another thing is for the fact we all are humans and Bitcoin is also uncontrollable because it fluctuates within seconds we can not be sure when Bitcoin will dip and even though it does how long do you think it will last? What if it continues to dip.

[Obulis]

even as it is hard to accept, you will have to pulse your investment, because you have less of a choice, look for other means to get better income, amd continue on your journey,
There has to be a way out there to increase your income, only if you search well, there are also opportunities in this forum as well,you just have to search.

Sometimes guys might not know exactly what they want to do, yet if they spend time in certain kinds of work, then they might pigeonhole themselves in terms of their abilties to be able to be eligible for other kinds of work.

I recall that when I went to college, I took certain kinds of classes in order that I could get an internship for a certain kind of work that I wanted to be able to do, and I would have had never been able to get that kind of work or that kind of experience if I had not taken advantage of certain access that I was able to get because I was both in a certain kind of a school program and that I had also engaged in certain kind of internship that was not paid.. so then my income ended up going up a lot because I ended up being able to get work within the area that I sought out.  I also had to travel for various interviews that were quite a long distance from themselves, so I spent a week going on interviews in different places and traveling from one location to another.. .which ultimately resulted in a job offer (something like 6 months after the interviews). ..so what I am saying is that sometimes in order to get a promotion, certain kinds of extra efforts have to be made.. ..

Lack of confidence makes people doubt there abilities.
It is very important to go that extra mile in one time or the other or even all the time. Taking that class to get an internship for a certain kind of work while running a college program is a calculative move and a projector that actually projected your confidence and income altogether. Not making such move is the mistake some college graduates did and some college students are likewise doing it.

[Tongley]

even as it is hard to accept, you will have to pulse your investment, because you have less of a choice, look for other means to get better income, amd continue on your journey,
There has to be a way out there to increase your income, only if you search well, there are also opportunities in this forum as well,you just have to search.

Sometimes guys might not know exactly what they want to do, yet if they spend time in certain kinds of work, then they might pigeonhole themselves in terms of their abilties to be able to be eligible for other kinds of work.

I recall that when I went to college, I took certain kinds of classes in order that I could get an internship for a certain kind of work that I wanted to be able to do, and I would have had never been able to get that kind of work or that kind of experience if I had not taken advantage of certain access that I was able to get because I was both in a certain kind of a school program and that I had also engaged in certain kind of internship that was not paid.. so then my income ended up going up a lot because I ended up being able to get work within the area that I sought out.  I also had to travel for various interviews that were quite a long distance from themselves, so I spent a week going on interviews in different places and traveling from one location to another.. .which ultimately resulted in a job offer (something like 6 months after the interviews). ..so what I am saying is that sometimes in order to get a promotion, certain kinds of extra efforts have to be made.. ..

If we can find our goal, for example, if we can set a goal that we can do the work with joy, which is more interesting or if we can do the work that I do not find boring, then maybe we will not have difficulty in working and we will not be reluctant to work. Basically, we have to find out what we want to do, if we can find out, then we can be one step closer to success.

Especially if we talk, I am not very good at studying since I was young and I am not willing to study. One of my dreams is to work online and establish myself. For this, I do a lot of work and try to learn a lot and I have learned a lot. When I do these things, I never feel reluctant and I am involved in this work from time to time. So I personally think that we need to know first what we love to do. Another thing is that we should not have any kind of source of income or a goal for setting our work, such as learning web design and not learning anything else. Our goal should be to learn and create new content until we die. Once we set such a goal in learning, we may not be able to focus on any other task until that task is completed.

[Promocodeudo]

If you say there is not wrong time to buy bitcoin you can be wrong when a new investor who is supposed to buying bitcoin steadily and started waiting for dip to buy don't you know it's wrong? Even if he is using his discretionary income it's a wrong method of buying bitcoin as a new investor it's even mostly traders who does that and it will still delay your investment because you don't know when it will happen for you to buy. The best time an investor can start is when he has his discretionary income and if he has his discretionary income and choose to buy bitcoin when it only dip then it's wrong.

We have had discussion that pointed at timing as a wrong approach to Bitcoin investment which is right, there no reason for a newbie or any other persons time the market, we can invest in Bitcoin Everytime with our discreationary income and if course the DCA method so it means if we are investing they way ought to be we'll understand that there's no perfect time to invest in Bitcoin, Bitcoin investment has do with knowing what to do, if you're investing with the DCA method, you can keep buying and even buy at the dip, it is just for you to understand that there wouldn't be need to wait in other to buy later when you already have where your discreationary income will be coming from to help you in investing in Bitcoin efficiently.

[The Founding Titan]

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.

Yes, I also say that, we just need to be aware of investing in Bitcoin, there is no need to worry about whether it is monthly or weekly. We should determine the investment time of the DCA method according to the time of receipt of money. I also think it is important for us to keep an eye on the continuity so that it is not disrupted, and we must do all the necessary strategies to maintain continuity.

Yes,, the point is, we don't need to be afraid to take the first step, because even if we make a mistake, we can easily reverse that first step. So,, the point is, when we want to invest in Bitcoin, we don't need to be confused or paranoid when starting. After all, it's just the beginning, and the beginning doesn't have to be perfect. So,, just take the first step and don't overthink it when we first start investing in Bitcoin. Remember, in Bitcoin investing, we're not striving for perfection; we want to protect our assets from inflation and perhaps increase their value. So, whether we invest once a week or whatever, we don't need to focus on that. What we need to focus on is our cash flow so we can have discretionary funds. So, beyond that, we don't need to be confused, especially if it's for beginners. For beginners, just buying Bitcoin is a good idea, so I think any strategy is fine for the first step.

I agree that your cash flow should guide your Bitcoin investment. Buying only when you have extra money after covering your needs makes it easier and more sustainable, and there’s no need to worry too much about whether it’s weekly or monthly. The key is to start and stay consistent.
However, just buying is not enough. It’s important to have some level of awareness so you don’t invest at the wrong time or put in more than you can handle. A simple balance between consistency and basic market awareness makes a big difference in the long run.

In order to give your investment the chance to be successful you have to invest within your means, the moment you start considering to invest in bitcoin from outside of your discretionary income you start to lose sight of what your are investing for in the first place, even those who invest in bitcoin in order to guard against inflation and store value still still do so with their discretionary income, you can't put money meant for rent into bitcoin when you do not know how bitcoin will perform in the short period of time you want that money to be there, your rent might end up losing value rather than storing or even increasing in value, when we invest with our discretionary income we are actually giving our investment the chance to potentially be successful.

[Qhunman]

I think bad for new investor buying bitcoin before making research and analyze current price already dip or not?

Actually you re wrong, because a new investors or a veteran don't necessarily need to analyse the market before their buy bitcoin, instead they can buy regardless of bitcoin price when they have discretionary income available.

In my way to be investor in bitcoin you must patience waiting the dip price

Your statement is misleading because encouraging newbies or veteran investors to wait for the dip before buying bitcoin is wrong.  No one knows when the next bitcoin dip will occur nor can anyone predict bitcoin accuratetly and what if the price keeps going up for years without coming down?. Therefore it is wrong to wait for the dip before buying bitcoin because you miss lots buying opportunities in the market. It is better not to wait for the dip instead buy when you have discretionary income available regardless of bitcoi prize

 

[Solokan]

With the highlighted statement above, am really interested to know when is the wrong time to invest in bitcoin, because what I have come to understand about Bitcoin is that, their is no wrong time to buy, as long as you are doing it from your discretionary income or a money you can afford to lose, then you will be fine.

Why their is no wrong time to buy Bitcoin is that this current price might seems very expensive now, but in few years to come, this price my looks like a steal because it might has risen to times three or times five of it current price, so their is no wrong time to buy Bitcoin as you are saying.

Some people sometimes want to buy BTC at a low price because buying it at a high price will inevitably lead to a loss, but that kind of thing seems like trading. However, for those investing long-term in BTC, they certainly don't need to look at the BTC price because, as you said, BTC has the potential to become expensive in the future.

However, the most important thing in investing in BTC is being strong enough to withstand all challenges and, of course, holding BTC for the long term. Buying BTC is easy, but the hardest thing is sometimes seeing the BTC price rise and then selling it for a small profit. The key is to focus on accumulating BTC and holding it firmly.

[Shineup]

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.

But low income earners are still accumulating Bitcoin why will then say it will be difficult to accumulate Bitcoin when you don't have a stable income coming in. What is requested to get started with your discretionary income you need to have this to start accumulating Bitcoin, you may not accumulate in a large amount but when you are consistently accumulating with the DCA strategy and hodl in a longer time you can accumulate a large amount of Bitcoin. You can accumulate Bitcoin little by little using the DCA strategy and hodl for 4-10 or more.

I don't think if he actually understands that even those without stable income still stands the chance to invest in bitcoin. The important thing is if they have discretionionary income available to do so. Those that lacks stable source of income can be buying bitcoin using DCA strategy and can only DCA whenever there is available discretionionary income to buy bitcoin.  So he should understand that even without stable income a newbie can start accumulating and works towards stablisng there income.

It might sound so unrealistic that those without stable income can still invest in Bitcoin but that very true. As kids, many of our grand parents (grandma and or grand pa) borrowed others some money and also build another or new saving box all that happened without a stable income in most cases and we all know that such money can be put to more advantage by investing it into Bitcoin if there was Bitcoin back then. This explains the possibility of someone without stable income to be able to invest in Bitcoin. The chances may be small but it's possible.

Another kind of illustration is what we called ajo a kind of as you have contribution done in every four days, you only contribute whenever you have and it will be recorded for you to be shared at the end of the year based on how much you where able to contribute at the end of the year, there are both old and young people in this kind of contribution which majority doesn't have a stable income source yet on several occasions they are able to contribute whenever they have after putting their family needs first, if we relate this to Bitcoin investment you can as well see that even those without a stable income can invest in Bitcoin since it is not compulsory that you must invest a fixed amount and you must invest all the time.

[Rockson1]

I think bad for new investor buying bitcoin before making research and analyze current price already dip or not? You can't hurry up to be investor in bitcoin exactly with the global moment not stable yet easily for bitcoin raise dip or lower price. In my way to be investor in bitcoin you must patience waiting the dip price and not following the other exactly bitcoin have been on higher price to buy, indeed you use DCA way for investing in bitcoin actually not really good ideas.
Buy and invest in bitcoin on the right moment, I think not problem investing in bitcoin without following DCA way and patience waiting the DIP price to invest because has bigger chance then get faster moment to earn profit.

With what you wrote down, I'm convinced that you already understand what DCA method is all about right? So what's up with you saying that newbies should do all the reasech in the world before they can start investing in Bitcoin, don't you think that could cause them sole delay, I'm very sure that you have heard that basic knowledge is what is required of newbies to start their investment with their discretionary income so what else do you want to tell them or do you think that they are supposed to learn everything at once, is that even possible.
What do you mean by Bitcoin has been on the higher price, there is DCA strategy of acumulating Bitcoin on norm are you supposed to be saying this, when we are talking about buying Bitcoin with this same DCA which gives us the leverage to buy Bitcoin efficiently at all time without minding the price st anytime, my poblem with you is that you are missing things up which will helpful for any newbie.