Buy Buy Buy or Sell Sell Sell?

[Princess Leah]

I might only sell when I actually need the money for a big life goal, but I won’t sell just because the price goes up or down.

If you have a big life goal that you want to achieve in the future, you better start making plans and start saving up gradually for it and not depend on your bitcoin investment. What if by the time you want to achieve this life goal comes and bitcoin is big dip, and you know that if you sell you will be in total loss, will you go ahead and sell even though you are aware that your portfolio is not up to half of what you have invested? When investing in bitcoin, it is important we don’t put any of our future plans or achievements on the bitcoin investment. We should invest without placing any demands on our investment because anything can happen. Plan for your other life goals outside of your bitcoin so that you won’t be under any pressure, or disappointed when that time comes and your bitcoin investment is in a state where it can’t help you.

If he's someone that's invested and held for long then he can decide to sell some portions of what he's holding to achieve the life's goal he's referring to but what I won't support is selling at lose which is mostly when the market is down just cause he wants to achieve life's goals, investors who got understanding of what they're doing should know when and when not to take profits.

 Some people feel that because they've held long enough then they can decide to sell whenever they like, no that's not it. It's very realistic to achieve a life's goal with the help of Bitcoin but knowing when to take profits is very important, selling too quick or when the market is down means the person is losing.

[Gallar]

Th more we keep talking about trading in this thread, the more we unintentionally convert newbies towards it. Which is not a good thing.
Most newbies will only store in mind the possibility of making quick money from it, rather than understanding the risks involved. The more often they hear about trading the more they will want to try it out. It is better we shift the attention away from trading, towards Bitcoin, how to accumulate, dca, and how to think long term. Those are the things that will help newbies joining this thread for the first time and it will help them start their journey knowing they are doing things correctly.

I agree with your assumption, my friend. Trading is indeed a very risky activity, so we shouldn't recommend it to anyone. However, if you feel that trading doesn't need to be discussed here, in some contexts, that's true. Nevertheless, we must also emphasize that trading is a very risky activity. So, basically, if someone accidentally or unknowingly assumes trading is the same as investing in Bitcoin in this thread, we must clearly explain to them that their thinking is still wrong.

Therefore, I don't think it's a problem if we discuss the negative aspects of trading in this thread, because ultimately, I personally and the people who are frequently active in this thread always direct such people to invest in Bitcoin. Therefore, I don't think it's a problem if we discuss trading as long as it's true within the necessary context, as I explained above.

[Finebone]

If he's someone that's invested and held for long then he can decide to sell some portions of what he's holding to achieve the life's goal he's referring to but what I won't support is selling at lose which is mostly when the market is down just cause he wants to achieve life's goals, investors who got understanding of what they're doing should know when and when not to take profits.

Life goals or not, it's not just wise to sell or be take profit from your Bitcoin investment when you have not gotten to your over accumulation status yet, because by tempering with it, all in the name of trying to achieve your life goals, you may continue that trend of always deeping your hands into your Bitcoin investment anytime you feels like you need a huge amount of money for something, so I will never encourage that.
Furthermore, if you have a life goals you wanted to achieve, it's better that you work towards it, than be selling your Bitcoin holdings when you have not gotten to that over accumulation status that can change your financial situation forever.

[Tetu100]

I might only sell when I actually need the money for a big life goal, but I won’t sell just because the price goes up or down.

If you have a big life goal that you want to achieve in the future, you better start making plans and start saving up gradually for it and not depend on your bitcoin investment. What if by the time you want to achieve this life goal comes and bitcoin is big dip, and you know that if you sell you will be in total loss, will you go ahead and sell even though you are aware that your portfolio is not up to half of what you have invested? When investing in bitcoin, it is important we don’t put any of our future plans or achievements on the bitcoin investment. We should invest without placing any demands on our investment because anything can happen. Plan for your other life goals outside of your bitcoin so that you won’t be under any pressure, or disappointed when that time comes and your bitcoin investment is in a state where it can’t help you.

Are you in anyway saying that without deeping hands in your investment holdings or assuming their was no bitcoin investment anywhere you would have been able to funds up or initiate your so call big life goals you're talking about? Or what do you mean. However in life generally we have to be very disciplined and specific so that we don't mixed up things and start having complications.

If you're investing on a long term plan of about 4-10 years as an investor, then it's better you stick to that to get the full potential of what you want. And also, their are funds like the emergency funds, backup funds and also reserve funds. All this are funds put in place to takle some unexpected real life challenges that may come up along the line in our bitcoin investment journey. Secondly, you can decide funding your big life goals from your reserve funds as the case maybe instead of taking from your investment portfolio because any attempts in taking a wrong decision can ruin what you have managed to build over the years.

[Curious T]

Th more we keep talking about trading in this thread, the more we unintentionally convert newbies towards it. Which is not a good thing.
Most newbies will only store in mind the possibility of making quick money from it, rather than understanding the risks involved. The more often they hear about trading the more they will want to try it out. It is better we shift the attention away from trading, towards Bitcoin, how to accumulate, dca, and how to think long term. Those are the things that will help newbies joining this thread for the first time and it will help them start their journey knowing they are doing things correctly.

I disagree with you. The way people talk about trading here is not in a way that will make newbies to become traders. They talk about trading in a way that will even discourage newbies from trading because they will know that it's the easiest way for them to lose more money. People don't promote trading here; in fact, I can say they discourage it. They always advise that it should be treated as a skill that needs to be learned first, and they can still lose a lot of money even when they have learnt it.

You can't avoid talking about something simply because you don't want people to do that thing. It is when you educate people about something, and they understand and know the dangers of that thing, that they will stay away from it, but refusing to talk about it will make them ignorance of the consequences of their choices.

[Soldroplet]

I agree to this fact and here is why. Since our investment timeline is not thesame as our accumulation timeline especially since every investor have their specific amount they can invest and begin to develop a feeling of being close to their overaccumulation stage. And this is mostly possible when investors frontload alot of bitcoin during their accumulation stage, that way they get to accumulate enough bitcoin even before their proposed long term investment timeline which they did set initially. If anyone gets to the overaccumulation stage the best they could do is to hold for the remaining timeline in their long term goal.

For me, I don't think that it's good to use a timeline that you will use to accumulate bitcoin instead, it's better to use a bitcoin target because you will be more focused since you have a target you are trying to meet up with. Unlike, when you're using a timeline.

If you are using a timeline for your bitcoin accumulation how will you know that you have reached your over accumulation stage when you don't have a bitcoin target. I don't have an investment timeline since I will love to hodli bitcoin till old age. If I have reached my bitcoin over accumulation stage, I can tap little profits using the sustainable withdrawal method and hodli for some years and buy back when there's a dip.

I really like the way you prioritize goals over time in your talk. In the long run, patience, goals, and discipline—these are the three most important. I also think that more important than how many years you have been saving is how much Bitcoin you want to acquire, which gives a clear direction.
In addition, instead of investing the entire amount using the (DCA) method, you should invest little by little on a weekly or monthly basis, I don't see (DCA) as just an investment method, but rather it teaches patience, teaches you to control your emotions.
Gradually increasing when prices fall and taking advantage of the price drop. The mentality of not selling in a hurry for emergencies (having an emergency fund ready for this)—all of these combine to create a good savings strategy.

[Proty]

I might only sell when I actually need the money for a big life goal, but I won’t sell just because the price goes up or down.

If you have a big life goal that you want to achieve in the future, you better start making plans and start saving up gradually for it and not depend on your bitcoin investment. What if by the time you want to achieve this life goal comes and bitcoin is big dip, and you know that if you sell you will be in total loss, will you go ahead and sell even though you are aware that your portfolio is not up to half of what you have invested? When investing in bitcoin, it is important we don’t put any of our future plans or achievements on the bitcoin investment. We should invest without placing any demands on our investment because anything can happen. Plan for your other life goals outside of your bitcoin so that you won’t be under any pressure, or disappointed when that time comes and your bitcoin investment is in a state where it can’t help you.

If he's someone that's invested and held for long then he can decide to sell some portions of what he's holding to achieve the life's goal he's referring to but what I won't support is selling at lose which is mostly when the market is down just cause he wants to achieve life's goals, investors who got understanding of what they're doing should know when and when not to take profits.

 Some people feel that because they've held long enough then they can decide to sell whenever they like, no that's not it. It's very realistic to achieve a life's goal with the help of Bitcoin but knowing when to take profits is very important, selling too quick or when the market is down means the person is losing.

it all depends on the time frame. For someone that is into bitcoin for like 6 months and rushing to sell out his or her bitcoin because of life goals. This is trading and not investment, it is only when they have been accumulating and holding bitcoin for long term or the have reached there investment timeline, then they can decide to take out profit from there investment in other to achieve whatever there life goals is. However, anything within the timeframe of months or few years isn't investing but trading. No matter what the motive of selling maybe.

[JoyMarsha]

I might only sell when I actually need the money for a big life goal, but I won’t sell just because the price goes up or down.

If you have a big life goal that you want to achieve in the future, you better start making plans and start saving up gradually for it and not depend on your bitcoin investment. What if by the time you want to achieve this life goal comes and bitcoin is big dip, and you know that if you sell you will be in total loss, will you go ahead and sell even though you are aware that your portfolio is not up to half of what you have invested? When investing in bitcoin, it is important we don’t put any of our future plans or achievements on the bitcoin investment. We should invest without placing any demands on our investment because anything can happen. Plan for your other life goals outside of your bitcoin so that you won’t be under any pressure, or disappointed when that time comes and your bitcoin investment is in a state where it can’t help you.

If he's someone that's invested and held for long then he can decide to sell some portions of what he's holding to achieve the life's goal he's referring to but what I won't support is selling at lose which is mostly when the market is down just cause he wants to achieve life's goals, investors who got understanding of what they're doing should know when and when not to take profits.

 Some people feel that because they've held long enough then they can decide to sell whenever they like, no that's not it. It's very realistic to achieve a life's goal with the help of Bitcoin but knowing when to take profits is very important, selling too quick or when the market is down means the person is losing.

For being at profits in Bitcoin investment is it not part of someone's life goal to be successful in life? Who would want to sell their Bitcoin at a loss, for a life goal when gaining a huge profit from Bitcoin is part of their life goal? It's someone who knows nothing will think of selling their Bitcoin at a loss price when they know that if they should hodl a little, Bitcoin can give them the desirable profits they need to achieve some of their life goal

[Derekfunds]

I agree to this fact and here is why. Since our investment timeline is not thesame as our accumulation timeline especially since every investor have their specific amount they can invest and begin to develop a feeling of being close to their overaccumulation stage. And this is mostly possible when investors frontload alot of bitcoin during their accumulation stage, that way they get to accumulate enough bitcoin even before their proposed long term investment timeline which they did set initially. If anyone gets to the overaccumulation stage the best they could do is to hold for the remaining timeline in their long term goal.

For me, I don't think that it's good to use a timeline that you will use to accumulate bitcoin instead, it's better to use a bitcoin target because you will be more focused since you have a target you are trying to meet up with. Unlike, when you're using a timeline.

If you are using a timeline for your bitcoin accumulation how will you know that you have reached your over accumulation stage when you don't have a bitcoin target. I don't have an investment timeline since I will love to hodli bitcoin till old age. If I have reached my bitcoin over accumulation stage, I can tap little profits using the sustainable withdrawal method and hodli for some years and buy back when there's a dip.

In addition, instead of investing the entire amount using the (DCA) method, you should invest little by little on a weekly or monthly basis, I don't see (DCA) as just an investment method, but rather it teaches patience, teaches you to control your emotions.
Gradually increasing when prices fall and taking advantage of the price drop. The mentality of not selling in a hurry for emergencies (having an emergency fund ready for this)—all of these combine to create a good savings strategy.

You said " instead of investing the entire amount using the DCA method, that someone should invest little by little on a weekly or monthly basis" which is very contradicting if you ask me because the whole idea of DCA method has been confused and complicated with these you said. Is it not the DCA method that an investor can use to accumulate little by little on a weekly or monthly basis? So what are you actually trying to say? The best method to use in Bitcoin investment is the DCA, I don't know why you want to make it look less important.

[Queen uloma]

Who would love trading? Yes, there could be some of us who do that, maybe as a job or side hustle. But you need to have a lot of time in your side and be in constant with your laptop or pc. And then it's like a game or gambling itself, because you are looking at what could be the future price as we all know, no one has the crystal ball to see what the future holds. So for the majority, it's very hard and complicated. As compare to just be a long term holder, just accumulate let's say in the first 4 year as a Bitcoin enthusiast, and then see how it goes. Of course it's not that easy too as there could be temptations along the way specially when you see your X amount investment has been profiting Y amount. However, if you really look for the bigger picture and thinking about building generational wealth, I would suggest just to continue to accumulate as much as we can. We just hit 20 million Bitcoin being mined already. So everyone is going to be fighting for the remaining. So it will be scarce and with that, demands goes up. Others have a target to own at least 1 BTC in their life time. To be part of that group. So it's really better to continue or period of buying before we start thinking of selling if we have at least enough in our Bitcoin journey of 1 BTC in our wallet.

You're correct, trading is a "full time" job and is a really complex one than it just being a way to earn loads of money without even trying, its correct that is a full time and people oftenly mistake it as a hobby and the "crystal ball" usually leads to a burnout. The only safe and genuine way is BTC investing and that too DCA not just timing dips, DCA really stacks over time and you can even own a "whole Bitcoin" and the only thing that requires it is discipline.

Seeing trading as a full time job is likely the same thing as seeing gambling as a full time job which to me is very wrong unless your full time just doesn't conote trading as a source of income. Trading is very risky and it will be wrong for anyone to see it or consider it as a full time or a job. The risk of a trader losing all his or her money is very high so such a thing shouldn't be considered as a full time job.

You’re right, seeing trading as a full time job is the same as seen gambling as a full time job. For me it’s very risky because most people don’t even proper knowledge and discipline to trade, they only trade because they want to make quick profit, for this set of people it’s totally inappropriate for them to see trading as a full time job. Trading and gambling are two different things. Winning in Gambling depends on luck, there’s no clear strategy, and there’s no guarantee that you will win steady. While in trading it requires patience, and discipline. If you don’t have proper knowledge of it you will eventually lose everything. so it’s better to learn, practice before you can go into it. The major problem that  people have is entering trading with gambling mindset. Trading can become a full time job but it’s not for everyone, especially those who don’t have solid knowledge or experience of what they’re doing.

[B-BossMan]

One question can be how aggressive you are able to invest, and surely guys who invest 5-10% of their income are not going to end up stacking as much bitcoin (relative to their income) as compared with guys who might have had been able to invest 15% to 25% of their income.

Another thing to consider is what you plan to do with your bitcoin stash once you reach the timeline.. are you going to sell all of it, or are you going to try to start to employ some version of sustainable withdrawal? One cycle might not give you enough time to have had stackedf enough bitcoin to get the compounding effects, so it could be problematic to be selling a lot of your bitcoin, even though you were only in bitcoin for one cycle.

You are right, these are some of things many investors tend to overlook. Having a clear target and also a direction in accumulation is very important as how much you invest. It's true that the percentage of income you commit weather it's 5% or even 30% will actually shape your outcome, but the approach and the strategies matters alots. Some investors really invest with clear plans, such as selling thier profits when it get/reach to the certain level, while other invest keep on accumulating bitcoin without a well defined goals and it actually leads to confusion

For example, I knew someone who started investing into bitcoin earlier this year and his plan is to take the profits shortly before his wedding week. As such, I see that as well timed plans or approach. Also some investors just keep accumulating endlessly, sometimes comparing themselves to thers on how much they have accumulated, and there’s no competition in bitcoin investment or accumulation, because that will seriously create unnecessary pressures on them. Moreover, it's better no to compete with anyone. Invest what you can afford to lose, stay consistent and focuses on strategy that will fits your personal goals.

[Sulegzy39]

Those who make such comments are attempting to mislead newcomers; equating trading to investing should be avoided at all costs, as newcomers will become confused and will never understand the distinction between the two stages. So, due to their desire for more money, they may reach the training level and become confused about their holdings, so they should never take a different course at this time.

The only viable long-term investing strategy is to buy Bitcoin at the appropriate time and keep it for an extended period of time. If you invest in Bitcoin using the DCA method, Your investment will undoubtedly be successful, and it will be easy for that person to keep it for a long time, allowing him to increase his portfolio with the minimal amount of money.

[Merit.s]

You are right, these are some of things many investors tend to overlook. Having a clear target and also a direction in accumulation is very important as how much you invest. It's true that the percentage of income you commit weather it's 5% or even 30% will actually shape your outcome, but the approach and the strategies matters alots. Some investors really invest with clear plans, such as selling thier profits when it get/reach to the certain level, while other invest keep on accumulating bitcoin without a well defined goals and it actually leads to confusion

For example, I knew someone who started investing into bitcoin earlier this year and his plan is to take the profits shortly before his wedding week. As such, I see that as well timed plans or approach. Also some investors just keep accumulating endlessly, sometimes comparing themselves to thers on how much they have accumulated, and there’s no competition in bitcoin investment or accumulation, because that will seriously create unnecessary pressures on them. Moreover, it's better no to compete with anyone. Invest what you can afford to lose, stay consistent and focuses on strategy that will fits your personal goals.

It's a wrong way of investing in bitcoin if you do it for the sake of profit. it's even better to invest continuously for long without selling a dime out of your bitcoin investment till you reach your bitcoin target instead, of investing for the sake of using your bitcoin profit for your wedding. What if bitcoin price dips below your entry point and stay there for long and the date of your wedding approaches. It means that you will sell your bitcoin at loss just to make sure that you do your wedding.

I see this as trading and gambling because a brand new bitcoin investor should have a long-term bitcoin investment mindset and build his bitcoin portfolio for the future using DCA method to keep his bitcoin accumulation ongoingly. If you start taking every profit that you see, you are killing the growth of your bitcoin portfolio gradually till you have no more bitcoin. Profits shouldn't be the prior to your bitcoin target. When you take profit you miss out from the compounding value of your bitcoin portfolio.

[gracreavix]

If he's someone that's invested and held for long then he can decide to sell some portions of what he's holding to achieve the life's goal he's referring to but what I won't support is selling at lose which is mostly when the market is down just cause he wants to achieve life's goals, investors who got understanding of what they're doing should know when and when not to take profits.

Life goals or not, it's not just wise to sell or be take profit from your Bitcoin investment when you have not gotten to your over accumulation status yet, because by tempering with it, all in the name of trying to achieve your life goals, you may continue that trend of always deeping your hands into your Bitcoin investment anytime you feels like you need a huge amount of money for something, so I will never encourage that.
Furthermore, if you have a life goals you wanted to achieve, it's better that you work towards it, than be selling your Bitcoin holdings when you have not gotten to that over accumulation status that can change your financial situation forever.

That’s why emergency funds are important. so when life happens, because it always does, you will not be forced to touch your Bitcoin. If it can be sorted, then there is no reason to be touching your Bitcoin before you reach that level you’re aiming for. Because the truth is, once you start doing it, even if it is small first, it will quietly turn into a habit. Today it’s something important, tomorrow it’s also something important. before you know it, you will constantly be taking from your stack and slowing down your accumulation.
So yeah, I agree with you, it’s better to separate things properly. Build your emergency fund, handle life from there, and let your Bitcoin grow the way it’s supposed to.

[B-BossMan]

You are right, these are some of things many investors tend to overlook. Having a clear target and also a direction in accumulation is very important as how much you invest. It's true that the percentage of income you commit weather it's 5% or even 30% will actually shape your outcome, but the approach and the strategies matters alots. Some investors really invest with clear plans, such as selling thier profits when it get/reach to the certain level, while other invest keep on accumulating bitcoin without a well defined goals and it actually leads to confusion

For example, I knew someone who started investing into bitcoin earlier this year and his plan is to take the profits shortly before his wedding week. As such, I see that as well timed plans or approach. Also some investors just keep accumulating endlessly, sometimes comparing themselves to thers on how much they have accumulated, and there’s no competition in bitcoin investment or accumulation, because that will seriously create unnecessary pressures on them. Moreover, it's better no to compete with anyone. Invest what you can afford to lose, stay consistent and focuses on strategy that will fits your personal goals.

It's a wrong way of investing in bitcoin if you do it for the sake of profit. I think it's even better to invest continuously for long without selling a dime out of your bitcoin investment till you reach your bitcoin target instead, of investing for the sake of using your bitcoin profit for your wedding. What if bitcoin price dips below your entry point and stay there for long and the date of your wedding approaches. It means that you will sell your bitcoin at loss just to make sure that you do your wedding.

I see this as trading and gambling because a brand new bitcoin investor should have a long-term bitcoin investment mindset and build his bitcoin portfolio for the future using DCA method to keep his bitcoin accumulation ongoingly. If you start taking every profit that you see, you are killing the growth of your bitcoin portfolio gradually till you have no more bitcoin. Profits shouldn't be the prior to your bitcoin target. When you take profit you miss out from the compounding value of your bitcoin portfolio.

You may be right to some extent, although it was clearly explained where am heading to about some investors that chose to accumulate endlessly. That aside, But this investors doesn’t only relayed on only bitcoin investment profits, he has many other businesses that usually generate income for his daily financial activities, but for him take step and invest in Bitcoin he has actually invested in valuable asset, so that why it's better to have a plan B as an investor. As he invested for like 3 to 4 years after there's no way he will regret it. Yes I know there's no certainty in market since the bitcoin price can fluctuate at any moment, but within the period of 3 to 4years later of his investment, I have no doubt on how massive his potential profits maybe. Moreover, accumulating bitcoin gradually by using DCA strategy is a great way to approach Bitcoin investment, expecialy for newbies.

[Tungbulu]

I agree to this fact and here is why. Since our investment timeline is not thesame as our accumulation timeline especially since every investor have their specific amount they can invest and begin to develop a feeling of being close to their overaccumulation stage. And this is mostly possible when investors frontload alot of bitcoin during their accumulation stage, that way they get to accumulate enough bitcoin even before their proposed long term investment timeline which they did set initially. If anyone gets to the overaccumulation stage the best they could do is to hold for the remaining timeline in their long term goal.

For me, I don't think that it's good to use a timeline that you will use to accumulate bitcoin instead, it's better to use a bitcoin target because you will be more focused since you have a target you are trying to meet up with. Unlike, when you're using a timeline.

If you are using a timeline for your bitcoin accumulation how will you know that you have reached your over accumulation stage when you don't have a bitcoin target. I don't have an investment timeline since I will love to hodli bitcoin till old age. If I have reached my bitcoin over accumulation stage, I can tap little profits using the sustainable withdrawal method and hodli for some years and buy back when there's a dip.

It can be difficult to determine what the target is and when overaccumulation status might have had been met since it could be based on a certain quantity of bitcoin (and how much income that bitcoin could provide) or it could be based (partly) on the value of how much had been put in, or maybe it is based on reaching a certain age in which you might be accumulating as much bitcoin as you are reasonably able to do until you reach a certain age, and then maybe some other tactics (or changes in tactics) might go into effect at certain age points.

None of those are unreasonable and there could be overshooting or undershooting of the goals in terms of how much bitcoin might have had been accumulated, and we might not know what the price is going to be in the future, and we might consider spot price, 200-WMA or some other ways of valuating our holdings relative to the price and how that might affect how we might deal with our holdings.

That’s right. There’s no universal indicator that an investor has accumulated enough or reached an overaccumulation status. Hitting a state of overaccumulation isn’t just about hitting a particular number of BTC. This is because every individual’s financial position is very unique and whatever the term overaccumulation status means to the investor only makes sense in relation to their life and their overall position. Which is their expenses, their income stability, their age, and most times how you plan to use the asset you’re accumulating in the future. It’s very possible for an investor who’s holding 1BTC with a low living cost and a strong cash flow to be in a much better and stronger position than someone who’s already accumulated 3BTC but has no income and a much higher obligation.

I really love your point about shifting tactics overtime, because this is mostly where a lot of gamble often end up struggling. Theoretically, bitcoin accumulation might feel like it’s a straightforward process, just as simple as keep buying consistently, but as time goes on, the question starts shifting from “How much can I stack?” to  “what role does this really play in my life?” If an investor fails to recognize this shift, then they might either just keep on accumulating blindly or they might possibly start second guessing themselves too early.

Bitcoin price can be very very uncertain and this uncertainty just reinforces the fact that there are actually no timing mechanisms that can be considered as perfect. It doesn’t really matter whether you’re looking at the 200 week average or spot price, because these are merely just lenses and not necessarily an answer. Their purpose isn’t to define an investor’s entire strategy but to only guide their behaviour, good mechanisms for emotional management but in the long run, it’ll still be up to the investor to make the absolute decisions.

In my own personal opinion, the only time overaccumulation only actually starts becoming a problem is when it begins to a kind of crowd out other important areas, such as diversification, liquidity, or even your peace of mind. The moment an investor begins to notice that their position in Bitcoin has eventually grown to the point where their financial life starts feeling too dependent on one outcome, then that’s a clear cue that they need to do some reassessment, not necessarily because Bitcoin is bad, but simply because concentration risk is real.

[I_Anime]

Those who make such comments are attempting to mislead newcomers; equating trading to investing should be avoided at all costs, as newcomers will become confused and will never understand the distinction between the two stages. So, due to their desire for more money, they may reach the training level and become confused about their holdings, so they should never take a different course at this time.

The only viable long-term investing strategy is to buy Bitcoin at the appropriate time and keep it for an extended period of time. If you invest in Bitcoin using the DCA method, Your investment will undoubtedly be successful, and it will be easy for that person to keep it for a long time, allowing him to increase his portfolio with the minimal amount of money.

Trading and investing are two different things. Yeah there are some folks that usually refer investing as trading , which is wrong , traders usually focus on shortterm profits with the use of complex fundamentals and technical knowledge, for one to engage in trading they have to be well equipped with the knowledge and skill of trading that’s why trading is not for everyone.

While investors are more of the longterm base , they don’t focus on what they can make today , rather what  they can build and make tomorrow. Yeah there are risk in investing but it is way easier for one to manage compare to trading , so folks should know are to different investing from trading .

[NewRevelation]

Those who make such comments are attempting to mislead newcomers; equating trading to investing should be avoided at all costs, as newcomers will become confused and will never understand the distinction between the two stages. So, due to their desire for more money, they may reach the training level and become confused about their holdings, so they should never take a different course at this time.

The only viable long-term investing strategy is to buy Bitcoin at the appropriate time and keep it for an extended period of time. If you invest in Bitcoin using the DCA method, Your investment will undoubtedly be successful, and it will be easy for that person to keep it for a long time, allowing him to increase his portfolio with the minimal amount of money.

You sound as though there is a special or perfect time mapped out to buy Bitcoin, either when the price if low or high, but that's wrong. . Sincerely, there is nothing like an appropriate time to buy Bitcoin. You could buy Bitcoin anytime any day provided you have your discretionary income ready and available to buy Bitcoin no matter the current price. Thus, we can say that the best time to buy is when you are able to figure out your discretionary income, that's it.

Those who make such comments are attempting to mislead newcomers; equating trading to investing should be avoided at all costs, as newcomers will become confused and will never understand the distinction between the two stages. So, due to their desire for more money, they may reach the training level and become confused about their holdings, so they should never take a different course at this time.

The only viable long-term investing strategy is to buy Bitcoin at the appropriate time and keep it for an extended period of time. If you invest in Bitcoin using the DCA method, Your investment will undoubtedly be successful, and it will be easy for that person to keep it for a long time, allowing him to increase his portfolio with the minimal amount of money.

Trading and investing are two different things. Yeah there are some folks that usually refer investing as trading , which is wrong , traders usually focus on shortterm profits with the use of complex fundamentals and technical knowledge, for one to engage in trading they have to be well equipped with the knowledge and skill of trading that’s why trading is not for everyone.

I quite understand the fact that you are trying to explain the difference between trading and investing,  but mates here must know that this an investment thread, and we must do more talks on investing which we have always done, concentrate on investing as it has proven of more value over the years. Due to the high risk and shortcomings associated with trading, it is always advisable that we invest rather than trade, and perhaps, it will be more helpful if we draw our attention only to giving better or more tips on a better investment practices rather than talking about trading p

[Crytohillss]

I might only sell when I actually need the money for a big life goal, but I won’t sell just because the price goes up or down.

Waiting on any volatility assets to fund a fixed life objective is a can of setting your life up for stress. Bitcoin can do really good long term, but observing it to match when one need some cash is different entirely it is good to treat it like a long time bet not a savings plan building your own life objective on the things one can control steady income discipline and let your Bitcoin investment be a bonus is not really a good foundation.

[BluebloodCXVI]

Those who make such comments are attempting to mislead newcomers; equating trading to investing should be avoided at all costs, as newcomers will become confused and will never understand the distinction between the two stages. So, due to their desire for more money, they may reach the training level and become confused about their holdings, so they should never take a different course at this time.

The only viable long-term investing strategy is to buy Bitcoin at the appropriate time and keep it for an extended period of time. If you invest in Bitcoin using the DCA method, Your investment will undoubtedly be successful, and it will be easy for that person to keep it for a long time, allowing him to increase his portfolio with the minimal amount of money.

I see the point you’re pushing at, and I agree that DCA plus long-term holding is one of the most practical ways to approach Bitcoin investing.
But  saying it’s the only viable long-term strategy is a bit too strong. Yes it works very well for reducing emotional decisions and avoiding market timing stress, but it doesn’t automatically guarantee success on its own. Even with DCA, investors still need a very clear plan, things like risk management and balancing investments with real-life financial needs. So I think DCA and long-term holding are solid foundations, but they only work best as part of a broader, flexible strategy rather than a strict one-size-fits-all rule.