Buy Buy Buy or Sell Sell Sell?

[WIYO1]

Bitcoin ability to combat inflation is not only logical but also proven. In fact when it was first created Bitcoin was often referred to as "the people's money." This is because Bitcoin is a digital currency that can be used by anyone, anytime. However, over time one of Bitcoin advantages has gradually become apparent it is becoming increasingly suitable as a store of value due to inflation.

The actual history of bitcoin's use in combating inflation has proven what many people had theorized about its effectiveness. In years past, bitcoin was referred to as the 'people's currency' due to its accessibility and general convenience. However, as time has passed; the fixed supply of bitcoin along with the fact that there are no central authorities controlling the currency has made it more appealing to anyone looking for a mechanism for retaining their capital and/or wealth than simply a means to carry out commerce.

Besides being a store of value and for sending large amounts of money Bitcoin is also a bank-free system allows for sending large amounts across borders and is not tied to direct identities. Investing in Bitcoin through the DCA method for the long term is indeed the best choice. Don't hesitate to see fluctuating prices, because buying Bitcoin can be done at any time as long as the goal is long term. If implemented as you say, Bitcoin will not only fulfill your dreams of being able to buy this and that but will also give you financial freedom.

The benefits of bitcoin include not just the ability to save and spend but also to use it to escape from banking institutions, particularly when transferring funds across borders. The DCA (dollar-cost averaging) investment strategy allows you to take advantage of price swings over time. Rather than concentrating on the price fluctuations that occur on a day-to-day basis, by concentrating on a steady state of investing you should feel more confident in your long-term financial goals.

[ASloveapg]

No doubt that people invest because they want to earn, the problem is the execution since if they aim for short term is they might get expose for lots of risk because there are so many inconsistencies and that option is not sustainable.

I agree with you that most Bitcoin investors invested in Bitcoin with the intention of making profit from it, that's why you will see an investor trading his Bitcoin or be expecting to get rich overnight, after a short period of time, which is never the case, but the truth is that not everyone sees or reason that way, because some people invested in Bitcoin just to preserve their money from inflation, since it's an incredible asset that appreciate in value overtime. So you are wrong for you  to come to the conclusion that everyone is investing in Bitcoin because they wan to earn.

If someone holds Bitcoin for inflation, their goal is to make a profit at the end. The main goal of a Bitcoin holder is to make a profit. If you keep money in fiat currency due to inflation, its value will decrease over time. But since Bitcoin has a limited supply, its value has the potential to increase over time. So if you can hold Bitcoin for a long time, the potential for profit is much higher.

But if someone says that I hold Bitcoin but not for profit then  it is difficult to believe. If someone does not want profit, then there is no need to  holding Bitcoin. Why would a person just waste money where they do not want any profit? For someone, the increase in price is a direct profit, for others it is a matter of financial security, and some use it as a against inflation. But in turn, the main purpose is for that profit.

This is not true, it is not everyone that is investing in bitcoin because they want to make profit. There are different reasons why people do invest in bitcoin, there are people that investing bitcoin because they want to retain there wealth and bitcoin has proven to be a good store value, bitcoin is decentralised in nature meaning there is third party interference. Bitcoin act as a hedge against inflation. So profit is not the only reasons why people invest in bitcoin.

This is right and I completely agree, especially in countries where inflation is high and trust in local currencies is low, Bitcoin can be a very strong hedge, Bitcoin is especially the greatest hedge against the effects of currency memory, and the full freedom of this currency is only yours, the investor. Therefore, investing in Bitcoin can be a matter of personal opinion for many reasons, but yes, there is no denying that most long-term holders expect success in Bitcoin.

[Miles2006]

No doubt that people invest because they want to earn, the problem is the execution since if they aim for short term is they might get expose for lots of risk because there are so many inconsistencies and that option is not sustainable.

I agree with you that most Bitcoin investors invested in Bitcoin with the intention of making profit from it, that's why you will see an investor trading his Bitcoin or be expecting to get rich overnight, after a short period of time, which is never the case, but the truth is that not everyone sees or reason that way, because some people invested in Bitcoin just to preserve their money from inflation, since it's an incredible asset that appreciate in value overtime. So you are wrong for you  to come to the conclusion that everyone is investing in Bitcoin because they wan to earn.

You also need to understand that people who put their money in bitcoin to shield against inflation don't have short term goals as well, bitcoin is volatile and in a short term can end up being lower in price then when you bought, the only way to be able to use bitcoin as an anti inflation shield is to go in tleith the mindset of not taking from it anytime soon, you saving goal has to be long term, this way even if the volatility brings the price down in the short term you stand a better chance of not losing money long term, so even if a person is holding because they want to earn or because they want to save/store value it still has to be long term.

Bitcoin investment is generally a long term investment choice, why people choose bitcoin investment is not really a side effect in terms of holding for the long run meaning what ever reason doesn’t affect or cut short our bitcoin journey rather those who view bitcoin as a short term gain are just traders. It’s quite understandable many chose bitcoin investment for some certain reason most commonly bitcoin is the available trustworthy investment either a stand against inflation or a good asset amongst other asset.

[Crytohillss]

No doubt that people invest because they want to earn, the problem is the execution since if they aim for short term is they might get expose for lots of risk because there are so many inconsistencies and that option is not sustainable.
 

Absolutely , I believe it truly comes down to mindset, some persons see Bitcoin as something to hold onto for long run especially as a way to protect value or big  against inflation. Others are more focused on short term moves and that's okay too, it just make people to trade rather than long investment. A real investors never aim for short term moves they focus on Long term strategy.

[I_Anime]

No doubt that people invest because they want to earn, the problem is the execution since if they aim for short term is they might get expose for lots of risk because there are so many inconsistencies and that option is not sustainable.
 

Absolutely , I believe it truly comes down to mindset, some persons see Bitcoin as something to hold onto for long run especially as a way to protect value or big  against inflation. Others are more focused on short term moves and that's okay too, it just make people to trade rather than long investment. A real investors never aim for short term moves they focus on Long term strategy.

Just have to figure out what works for you best , as an investor you shouldn’t focused more on what you will gain at the end at first , cause you have to build first before thinking about profits and stuff , and beside there’s no guarantee that you are going to make profit from your investments that’s the risk we all have to take in order to build something in bitcoin investment.

[Stormisover]

No doubt that people invest because they want to earn, the problem is the execution since if they aim for short term is they might get expose for lots of risk because there are so many inconsistencies and that option is not sustainable.
 

Absolutely , I believe it truly comes down to mindset, some persons see Bitcoin as something to hold onto for long run especially as a way to protect value or big  against inflation. Others are more focused on short term moves and that's okay too, it just make people to trade rather than long investment. A real investors never aim for short term moves they focus on Long term strategy.

Even though most people might or chooses to chase a short term gain evidently Bitcoin is more viable to be profitable in the long term but is true that different people are caught up different kind of mindsets, risk tolerance level and emotions, for the long term it is less risky and with a convenient approach compared to the short term, the market is so unpredictable where nothing is can be certain to happen and especially in the short term, Bitcoin reward mostly in the long term and more like they said that patient is a virtue, truth be told it doesn't seems okay as you said for anyone to focus on short term moves even though everyone can not avoid it because of freedom.

[Silikiem]

I don't think everyone that holds Bitcoin is purely based on the fact that they want to make profit atleast not to the extent at which you are sounding it. There are guys who will use Bitcoin as a means to save their wealth or money because of the financial depreciation of the fiat and also the inflation effect that fiat money suffers. These guys can just decide to use a large portion of their money and just buy Bitcoin and keep it saved as Bitcoin inorder to prevent the money from losing its value over time. And you sounding the whole profit making notion would actually lead some person to think that when one invest in Bitcoin there is absolutely guaranteed that he or she will have profits in the long run, there is no certainty for that at a large scale so it's very important too to take note of that so you don't get carried away.

Just to correct you in some areas, and investor has the mindset of making profit at the long run, whether you are stacking your Bitcoin for 20 years or more you can't be doing so without believing that your going to increase your wealth because of the profit you must have accumulated since you began holding. If you don't know a long term holder is sure of making profit after holding for at least 10-20 years. Amen yes there is a guarantee for a long term holder do not think you can talk about people who invested blindly and sold at loss without mentioning those who held Bitcoin for up to 10 years and made profit. I want to be carried away by my long term holding because I believe I will be wealthy through Bitcoin if I don't get discouraged.

For sure, bitcoin has the potential of generating profit but know that it’s just a potential which means that the profit is not guaranteed so if you’re focused on making profits In bitcoin also know that in as much as it can generate profit there’s also a potential you can run a lose even in the long run due to the volatile nature of bitcoin. It is mostly important that newbies coming into bitcoin should know that bitcoin investment is not profit driven because that’s where the trading mindset is Borne out. If profit is the main reason for investing in bitcoin you’ll see people selling and trading bitcoin at any slightest little profit they see and by then they will be left with nothing to hold in their portfolio thereby disrupting their long term investment or asset which was meant to be for them even till old age. Bitcoin is a long term investment of which the major purpose is to ensure the stability of your investment by focusing more on accumulating bitcoin regularly or perhaps persistently to build up your portfolio and reach your accumulation target and hold for at least 5-10 years or more such that even when you noticed you’re in some sort of profit you and you decide to take profit it won’t affect your bitcoin investment for long term purpose.

[Joeboy]

Others are more focused on short term moves and that's okay too, it just make people to trade rather than long investment.

Crytohillss I can't really fathom why you would even consider it okay for folks to be focused on short-term price movement, unless of course you have ventured into trading rather than investing for longer time duration... Nevertheless you are free to make whatever decision that you think is best for you and your portfolio, but just know that whatever decision you make always comes with it's own consequences.. Then also, it will seem very much difficult to maintain patience for long term holding when folks attention are constantly poised at monitoring and tracking short time price movement... And so, if folks intention is to invest for the duration of say 10years, their attention should be long-term based, since that could very much reduce the tendency of reacting emotionally to short-term price movement...

[Padi24]

It is mostly important that newbies coming into bitcoin should know that bitcoin investment is not profit driven because that’s where the trading mindset is Borne out. If profit is the main reason for investing in bitcoin you’ll see people selling and trading bitcoin at any slightest little profit they see and by then they will be left with nothing to hold in their portfolio thereby disrupting their long term investment or asset which was meant to be for them even till old age. Bitcoin is a long term investment of which the major purpose is to ensure the stability of your investment by focusing more on accumulating bitcoin regularly or perhaps persistently to build up your portfolio and reach your accumulation target and hold for at least 5-10 years or more such that even when you noticed you’re in some sort of profit you and you decide to take profit it won’t affect your bitcoin investment for long term purpose.

It's very difficult to find a newbie who is investing for any other reason if not "profit" even though some newbies may decide not to center their focus in profit aspect probably because they have already figure out how long they will hold it before selling to take profit. this does not only happen to newbies even those who have been in this space for long still invest for profit, if the profit aspect is been remove I think the rate of investors would drop drastically, the truth is that everyone must not  have the same purpose of investing, even in business some might decide to start for a purpose it could be just to raise money to purchase a particular goods while some might start it with the purpose of running the business until they get old so it's individuals choice to decide how they want things to work for them.

[CryptoYar]

[...]

I think change of Trading Mentality to Accumulation Mentality occurs when you cease quantifying your wealth in fiat and quantify it in Satoshis. Assuming you have 1 BTC goal by 2030, 20-percent price drop is not loss, just blowout sale on what you wanted to have. Only way to remove 5-10 year noise of volatility is your 5-10 year horizon. Stealing to make money is acceptable, however, idea is to make difference in your life and not to roll dice on another business. To be time wise, as refrain goes. Time in market beats timing market each and every time.

[MorganaX]

What I need to say is that if you intend to accumulate Bitcoin it's best to continue without waiting for the right time. If the timing doesn't match your expectations you'll inevitably be disappointed. So there's no need to think about our ingenuity in an attempt to make people think we're the smartest at predicting market conditions.

There is absolutely nothing like the perfect timing when it comes to accumulation of Bitcoin and that's why it's best to start immediately if the conditions to do are available which is buying with your discretionary income no matter how small it is. Waiting for the price to go low or setting up an entry price for the market will get you no where but rather it will turn you to someone that's gonna keep on procrastinating and probably never even get started.

The bitcoin market is volatile for a reason and that why it's hard to get or know the accurate price of what Bitcoin is gonna be and if you start up with such mentality there will be many problems for you ahead of your journey since you are looking at the market with fear and Everytime the market dips you would probably sell off and then wait for it to dip again which is purely gambling and trust me there is no way any gambling routine or tactics will get you far in Bitcoin investment so rather just keep steady and focus and buying consistently with your discretionary income through the DCA method.

[BluebloodCXVI]

Sure, Originally, Bitcoin wasn't created for profit making. The safety, protection and financial privacy that Bitcoin provides was it's original intent of Satoshi. Having to Hold your money without government pressures and without banks intervention and restrictions, and also avoiding the depreciation that comes with fiat money, Bitcoin have been able to provide all this requirements, and it's held at a high value.

I believe bitcoin was created with the aim of making money more reliable and harder to abuse. And this was achieved by removing human discretion and replacing it with strict and transparent rules, so in other words, bitcoin act a monetary reform tool because it allows people to enjoy stable value, less corruption, better planning and wider access to sound money.

[UpTober]

Almost everyone who doesn't know shit about bitcoin perceive it to be high.. and even folks who study bitcoin for a while will also perceive the BTC price as high or that they had missed their chance to buy before the bubble hit. and so yeah, no matter the bitcoin price there are going to be folks who are perceiving the BTC price as being too high.. yet it still seems that the main point is not the fact that the BTC price seems to be high to them, but instead the fact that they are either a no coiner or a low coiner, and even guys who had been buying bitcoin on a fairly steady basis, they still may well be low coiners relative to where they want to go with their bitcoin stash, since (as you likely realize) it tends to take years and years and years for normal people to build up a reasonably sized bitcoin stash, unless they happened to have had been in a position that they were able to get into bitcoin and to be in a position to be able to front load their investment with lump sum amounts and/or other assets and/or money that they might have had been able to reallocate into bitcoin.

The fact that Bitcoin's price seems high is largely a psychological issue. Those who are new to investing and when they enter the Bitcoin market, they consider the price they see at that time as the highest price and then they start thinking that it would not be right for them to invest at this high price, at that time they do not understand that Bitcoin should be seen as a percentage growth or its value instead of as a unit.

And what you said about "no coiner" and "low coiner" this is a very important perspective.
The real game of Bitcoin is not about the price but about its continuity. Many people stay in the Bitcoin market for a long time but they do not continue to invest continuously or they are afraid to increase their investment, as a result of which it is seen that even after being in the market for a long time, their total investment amount does not go to a good level. Again, there are some investors who buy little by little continuously and after a while they create a very good position in the Bitcoin market.  It usually takes people a long time to accumulate a good amount of Bitcoin, even if they continue consistently, some people take four to five years and some people take 10 years or more. Those who have a good financial condition or who can purchase Bitcoin with a large amount at the same time are different, but for those who want to invest with extra money after meeting all their needs, the best strategy is DCA.

Many people think that they have missed many opportunities in the past and now they may not be profitable to buy them, but this idea is completely wrong because if we look at past history, we will see that Bitcoin has touched new records every time. So if we wait at the level we are in the market now, Bitcoin may touch new records again.

So we should never think that it is too late to invest. If an investor can purchase consistently and control his greed without getting scared, then surely at some point their investment will go to a much bigger level.

[YUriy1991]

I believe bitcoin was created with the aim of making money more reliable and harder to abuse. And this was achieved by removing human discretion and replacing it with strict and transparent rules, so in other words, bitcoin act a monetary reform tool because it allows people to enjoy stable value, less corruption, better planning and wider access to sound money.

Bitcoin existence today is a bridge to fast, secure, and fair cross border financial transactions in the future. I believe the system created by Satoshi Nakamoto can prevent actors, especially in developed countries from having access to print money and control their economies, which is neither good nor fair for poor or developing countries. Bitcoin with its blockchain technology, records all transactions and cannot be manipulated by anyone, making it the fairest transaction tool in today era of open digital systems. Therefore, I believe Bitcoin is not only an asset but also a hope for smaller countries for more honest financial transactions in the future.

[Bigjoe33]

When investing, profit considerations are largely unnecessary. If someone's mind is focused on that, they are more likely to fail on a regular basis, making it harder to attain the outcomes many people accomplish with Bitcoin investing. I absolutely agree with your point regarding why amateurs always fail when investing. The reason you cited is a common mistake that many beginners do when they first start investing: they instantly think about how to generate enormous profits, but their duty is to fully invest in their investments without considering how they would truly profit.

Profit still has to matter at some level that's kind of the whole point of investment in the first place I do accept though that being too focused on quick profits it's where some many new investors go wrong individuals that jump in expecting over night profit especially with something like volatile like Bitcoin , One should definitely understand why you are investing and mindset usually leads one to bad reputation. One should believe in it Long term run but at the st time people can't completely ignore gain because that's how people measure if the method actually work well.

The thing is,, the mentality with which folks come into Bitcoin  matters alot and it has a very hard and long impact (wether positive or negative) in there accumulation process. Plebs who come into Bitcoin with an investment mentality tends to pay much more attention to continuous accumulation and HODLing for a longer term which is the real deal, while those already with the mentality of quick gains, sell off and re-buy will always see Bitcoin as a quick profit centre and will not HODL for long but always concentrate on selling.

Of course, due to Bitcoin's volatile nater, we can't really predict it's move, either downwards or upwards or sideways, and so quick sells of little profit might be us doing ourselves harm and reducing our potential future gains that would have accumulated and grow if we had allowed it for years without tapping from it. Over the years, it has always proven more profitable if we come into Bitcoin investment with an investment mentality and HODLing

[yixichloro2xx]

I don't think everyone that holds Bitcoin is purely based on the fact that they want to make profit atleast not to the extent at which you are sounding it. There are guys who will use Bitcoin as a means to save their wealth or money because of the financial depreciation of the fiat and also the inflation effect that fiat money suffers. These guys can just decide to use a large portion of their money and just buy Bitcoin and keep it saved as Bitcoin inorder to prevent the money from losing its value over time. And you sounding the whole profit making notion would actually lead some person to think that when one invest in Bitcoin there is absolutely guaranteed that he or she will have profits in the long run, there is no certainty for that at a large scale so it's very important too to take note of that so you don't get carried away.

Just to correct you in some areas, and investor has the mindset of making profit at the long run, whether you are stacking your Bitcoin for 20 years or more you can't be doing so without believing that your going to increase your wealth because of the profit you must have accumulated since you began holding. If you don't know a long term holder is sure of making profit after holding for at least 10-20 years. Amen yes there is a guarantee for a long term holder do not think you can talk about people who invested blindly and sold at loss without mentioning those who held Bitcoin for up to 10 years and made profit. I want to be carried away by my long term holding because I believe I will be wealthy through Bitcoin if I don't get discouraged.

For sure, bitcoin has the potential of generating profit but know that it’s just a potential which means that the profit is not guaranteed so if you’re focused on making profits In bitcoin also know that in as much as it can generate profit there’s also a potential you can run a lose even in the long run due to the volatile nature of bitcoin. It is mostly important that newbies coming into bitcoin should know that bitcoin investment is not profit driven because that’s where the trading mindset is Borne out. If profit is the main reason for investing in bitcoin you’ll see people selling and trading bitcoin at any slightest little profit they see and by then they will be left with nothing to hold in their portfolio thereby disrupting their long term investment or asset which was meant to be for them even till old age. Bitcoin is a long term investment of which the major purpose is to ensure the stability of your investment by focusing more on accumulating bitcoin regularly or perhaps persistently to build up your portfolio and reach your accumulation target and hold for at least 5-10 years or more such that even when you noticed you’re in some sort of profit you and you decide to take profit it won’t affect your bitcoin investment for long term purpose.

You are right. No matter how we see it profit still matters but not in the shortterm way many people chase. Bitcoin functions as a store of value and and an asset that can grow. . As an investor ignoring profit completely might not be realistic because one of the purpose of making an investment to make gain or see returns of our capital in the long term, maybe in 10 or more years period. You are right Newbies shouldn't come with the mindset of making quick profits at the early stage of their investments, that alone turn their ideology from being an investor to a trader. When they are constantly reacting to price movements, they will likely fall into the trap of touching their investments.
Surely, newbies will still fall into that kind of trap at the early stage of their investments journey. So every mistake made should be a lesson to them,  in order to build your experience and emotions. If there's a strong conviction i.e understanding what and why they are holding and stay consistent, then profit becomes a result, not the goal.
‎

[alankasman]

Bitcoin existence today is a bridge to fast, secure, and fair cross border financial transactions in the future. I believe the system created by Satoshi Nakamoto can prevent actors, especially in developed countries from having access to print money and control their economies, which is neither good nor fair for poor or developing countries. Bitcoin with its blockchain technology, records all transactions and cannot be manipulated by anyone, making it the fairest transaction tool in today era of open digital systems. Therefore, I believe Bitcoin is not only an asset but also a hope for smaller countries for more honest financial transactions in the future.

Indeed this is true. Sometimes many people also think that Bitcoin is merely an asset without considering the things you mentioned but the existence of Bitcoin is currently very helpful for those who have assets in the form of Bitcoin in terms of transactions the financial system will be faster and more developed especially in several countries that have started conducting transactions through the system created by Satoshi Nakamoto.

I think Satoshi Nakamoto created this system to avoid things that are indeed a problem or obstacle in the scope for everyone with the reason that economic growth in several countries is more optimal and there is no manipulation of countries that are sometimes difficult in terms of economic growth so that with this system of course this is one way to prevent them from trying to be carried out by other countries so that their goal of preventing the economy of other countries can be as usual and difficult to develop or compete with countries that are growing healthily without any manipulation of increasingly rapid development so that in the end this system is a very appropriate step for any country to carry out fair transactions which are currently very much used by all parties and in any country there is definitely a system created by Satoshi Nakamoto.

[Y3shot]

No doubt that people invest because they want to earn, the problem is the execution since if they aim for short term is they might get expose for lots of risk because there are so many inconsistencies and that option is not sustainable.
 

Absolutely , I believe it truly comes down to mindset, some persons see Bitcoin as something to hold onto for long run especially as a way to protect value or big  against inflation. Others are more focused on short term moves and that's okay too, it just make people to trade rather than long investment. A real investors never aim for short term moves they focus on Long term strategy.

Most of the people who go for short-term investments prefer this duration because they don't have the patience to invest in a long-term investment. The surprising thing about their choice of short-term investments is not that they understand it or have any intention to gain knowledge, but rather that the desire for quick returns is what drives them to opt for short-term options.

Long-term investment is not just about getting profit but securing your future. However, most people have this profit mentality, which is why they always prefer to pursue short-term gains. Bitcoin investors who invest in the long term understand what it is all about, and they have so much concern for the future. A short-term mentality will always lead one to think only of how to make a profit in just a few hours.

[JayJuanGee]

Almost everyone who doesn't know shit about bitcoin perceive it to be high.. and even folks who study bitcoin for a while will also perceive the BTC price as high or that they had missed their chance to buy before the bubble hit. and so yeah, no matter the bitcoin price there are going to be folks who are perceiving the BTC price as being too high.. yet it still seems that the main point is not the fact that the BTC price seems to be high to them, but instead the fact that they are either a no coiner or a low coiner, and even guys who had been buying bitcoin on a fairly steady basis, they still may well be low coiners relative to where they want to go with their bitcoin stash, since (as you likely realize) it tends to take years and years and years for normal people to build up a reasonably sized bitcoin stash, unless they happened to have had been in a position that they were able to get into bitcoin and to be in a position to be able to front load their investment with lump sum amounts and/or other assets and/or money that they might have had been able to reallocate into bitcoin.

The fact that Bitcoin's price seems high is largely a psychological issue. Those who are new to investing and when they enter the Bitcoin market, they consider the price they see at that time as the highest price and then they start thinking that it would not be right for them to invest at this high price, at that time they do not understand that Bitcoin should be seen as a percentage growth or its value instead of as a unit.

And what you said about "no coiner" and "low coiner" this is a very important perspective.
The real game of Bitcoin is not about the price but about its continuity. Many people stay in the Bitcoin market for a long time but they do not continue to invest continuously or they are afraid to increase their investment, as a result of which it is seen that even after being in the market for a long time, their total investment amount does not go to a good level. Again, there are some investors who buy little by little continuously and after a while they create a very good position in the Bitcoin market.  It usually takes people a long time to accumulate a good amount of Bitcoin, even if they continue consistently, some people take four to five years and some people take 10 years or more. Those who have a good financial condition or who can purchase Bitcoin with a large amount at the same time are different, but for those who want to invest with extra money after meeting all their needs, the best strategy is DCA.

Many people think that they have missed many opportunities in the past and now they may not be profitable to buy them, but this idea is completely wrong because if we look at past history, we will see that Bitcoin has touched new records every time. So if we wait at the level we are in the market now, Bitcoin may touch new records again.

So we should never think that it is too late to invest. If an investor can purchase consistently and control his greed without getting scared, then surely at some point their investment will go to a much bigger level.

To me, you seem to be talking as if bitcoin prices are guaranteed to go up, which they are not.

Surely, I believe in investing into bitcoin and getting started for newbies who don't have any bitcoin to establish a bitcoin position and to continue to build it, yet at the same time, there likely needs to be a practice in which the amount invested is not based on some expectation of a guarantee of profits, even though surely each of us can pick an amount to invest that is comfortable for ourselves and our financial situation.. and yeah, for an overwhelming majority of normal people it can take a whole hell of a long time to build up bitcoin investment portfolio from our discretionary funds coming from work (or whatever might be our source of funds). ..and not too many people are able to really front load their investment into bitcoin, even though as any of us might continue to invest into bitcoin, we can study bitcoin and also strengthen our cashflow management systems/practices in order to likely end up putting ourselves in a better place after 4-10 years or longer by having had invested into bitcoin as compared with if we had not made such investment into bitcoin.

Buy or sell? is a beginner question.
Most people lose because they react, not because the market is against them. They buy hype and sell fear.
you don’t need perfect timing you need a plan. Without one every move will feel wrong.

As a newbie, you are here to lecture us?  Are you investing into bitcoin or trading it?  If you are an investor, you should not be thinking too much about selling, since it tends to take a long time to build up a bitcoin holdings, and building up a bitcoin holdings best comes from ongoing buying.  It is not a good idea to sell if your purpose is to build up your bitcoin size.. so selling is a bit stupid for investors until maybe they had been investing 4-10 years or longer then maybe at that time, selling might start to become potentially relevant.

[cyberninja2]

As a newbie, you are here to lecture us?  Are you investing into bitcoin or trading it?  If you are an investor, you should not be thinking too much about selling, since it tends to take a long time to build up a bitcoin holdings, and building up a bitcoin holdings best comes from ongoing buying.  It is not a good idea to sell if your purpose is to build up your bitcoin size.. so selling is a bit stupid for investors until maybe they had been investing 4-10 years or longer then maybe at that time, selling might start to become potentially relevant.

Unless many people follow what they're saying that's fine. This is sometimes just meant to be preachy. What they're saying should be an option that can benefit everyone. I think such people can only talk while their actions won't necessarily align with what they've said and that's for sure.

Building bitcoin ownership is not a short time but it is a matter of waiting for a long time and it could be around 5-8 years. This is sometimes not something that many people are able to do so the problem of selling is certainly not a good idea that is expressed because thinking about the journey in collecting Bitcoin ownership is not just playing weekly or monthly but annually. If someone invests long term of course when they make a sale they have to think about the decision that will be taken because if they make a wrong decision of course this person will start again from the beginning so this event is something that not many people or parties who have collected a lot of Bitcoin ownership can do again.