Buy Buy Buy or Sell Sell Sell?

[arwin100]

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.

What matter the most is they could start small and they are also consistent for building their positions than thinking about chasing for guaranteed quick profit. Its important to invest that fits beyond on their cashflow since they might feel comfortable to continue on that set up. Most of people take for lot of years to grow their portfolio. From their gradual accumulation they could able to learn lot of things about Bitcoin.

Also by improving their financial management can potentially put them on much better or stronger position after that 4 - 10 years as you said than doing nothing or not investing on Bitcoin.

[Crytohillss]

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.

It is basically too high and the default reaction at every stage individuals said that $2 at $200 and they will keep talking about it most of the time its less about that actual price and more about thinking or not having as much exposure as they like sometimes it just about mindset and the risks management or not fully understanding the volatility. Bitcoin isn't an easy assets to hold especially for new investors.

[Gallar]

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.

Yes, but unfortunately, it seems many people are still trapped as Bitcoin traders. It seems most Bitcoin holders are holding onto their holdings for a single cycle, as evidenced by the recent high of 126,000, which then dropped drastically to 59,000. This clearly indicates that many people were selling their Bitcoin. I'm not sure if those sellers are long-term investors who have held Bitcoin for a long time, or simply people who bought Bitcoin in the previous cycle and are selling it in the current one. I'm not entirely sure, but it seems there are still quite a lot of medium-term investors, or traders.

I'm not concerned about this, as it's impossible to completely avoid. The Bitcoin exchange can be as volatile as it is now due to the sheer number of people buying and selling on it. But even so, I don't think we need to be like that, because, in my opinion, long-term investing is better and less time-consuming. Therefore, let many people become Bitcoin traders today, because I'm sure sooner or later, people will realize that being a long-term investor is better and more enjoyable.

[Cgrexp]

What matter the most is they could start small and they are also consistent for building their positions than thinking about chasing for guaranteed quick profit. Its important to invest that fits beyond on their cashflow since they might feel comfortable to continue on that set up. Most of people take for lot of years to grow their portfolio. From their gradual accumulation they could able to learn lot of things about Bitcoin.

Also by improving their financial management can potentially put them on much better or stronger position after that 4 - 10 years as you said than doing nothing or not investing on Bitcoin.

As long as people have extra money on hand, investors can buy on a weekly basis for a full cycle and then reassess their position at that time. They can choose their position size based on their own financial situation and psychology. It could be $100 per week or $10 per week or whatever amount is comfortable for them. Then they can figure out a way to buy steadily for 4 years. And adjust your purchase amount to see where you are after about 4 years. There is no guarantee that the investment will be profitable.   that is why investors need to make sure that whatever position size they choose is comfortable. And then they need to look at other ways to learn more about Bitcoin. They should also keep an eye on those. The more a person invests in Bitcoin, the more motivated they should be to learn about Bitcoin and learn ways to strengthen their cash flow management practices and put them into practice. This will allow him to continue buying Bitcoin according to his weekly budget and not be forced to withdraw money from his Bitcoin investment at times that are completely against his will. Of course, every person needs to understand these trade-offs.

[abaeze]

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.

It is basically too high and the default reaction at every stage individuals said that $2 at $200 and they will keep talking about it most of the time its less about that actual price and more about thinking or not having as much exposure as they like sometimes it just about mindset and the risks management or not fully understanding the volatility. Bitcoin isn't an easy assets to hold especially for new investors.

I think those who think that Bitcoin is very difficult to hold are wrong. No matter what the price of Bitcoin is, some people will regret it for the rest of their lives. When 1 BTC was worth $1, some people doubted it and neglected it in various ways and now its price has increased a lot, now they can be heard saying that its price is too high. So they will never invest in Bitcoin. It is not that those people do not have money or do not have the ability to invest, but their unreasonable, unnecessary doubts and thoughts have held them back from Bitcoin accumulation. There will always be some people who will always be against Bitcoin or in a suspicious position and will continue to oppose anything positive, so it is the right decision to continue investing long-term with discretionary income according to your ability without listening to them and implementing it. No matter what the price of Bitcoin is, its accumulation will be with discipline according to your ability, then investment is very easy and effective.

[SPIDERMAN008]

I think those who think that Bitcoin is very difficult to hold are wrong. No matter what the price of Bitcoin is, some people will regret it for the rest of their lives. When 1 BTC was worth $1, some people doubted it and neglected it in various ways and now its price has increased a lot, now they can be heard saying that its price is too high. So they will never invest in Bitcoin. It is not that those people do not have money or do not have the ability to invest, but their unreasonable, unnecessary doubts and thoughts have held them back from Bitcoin accumulation. There will always be some people who will always be against Bitcoin or in a suspicious position and will continue to oppose anything positive, so it is the right decision to continue investing long-term with discretionary income according to your ability without listening to them and implementing it. No matter what the price of Bitcoin is, its accumulation will be with discipline according to your ability, then investment is very easy and effective.

It is very important to maintain consistency in Bitcoin investment. Whether the price of Bitcoin is low or high what is more important is to be able to buy Bitcoin regularly. And to maintain this mentality, the most important thing is to have discretionary income, give importance to building a backup fund, and easily accept the volatility of Bitcoin's price in the short term. You cannot panic if the price suddenly decreases or increases. You have to continue accumulating Bitcoin regularly. If this kind of thinking can be maintained for a long time, then it is possible to get into a good position by investing in Bitcoin in the future.

[yixichloro2xx]

What matter the most is they could start small and they are also consistent for building their positions than thinking about chasing for guaranteed quick profit. Its important to invest that fits beyond on their cashflow since they might feel comfortable to continue on that set up. Most of people take for lot of years to grow their portfolio. From their gradual accumulation they could able to learn lot of things about Bitcoin.

Also by improving their financial management can potentially put them on much better or stronger position after that 4 - 10 years as you said than doing nothing or not investing on Bitcoin.

As long as people have extra money on hand, investors can buy on a weekly basis for a full cycle and then reassess their position at that time. They can choose their position size based on their own financial situation and psychology. It could be $100 per week or $10 per week or whatever amount is comfortable for them. Then they can figure out a way to buy steadily for 4 years. And adjust your purchase amount to see where you are after about 4 years. There is no guarantee that the investment will be profitable.   that is why investors need to make sure that whatever position size they choose is comfortable. And then they need to look at other ways to learn more about Bitcoin. They should also keep an eye on those. The more a person invests in Bitcoin, the more motivated they should be to learn about Bitcoin and learn ways to strengthen their cash flow management practices and put them into practice. This will allow him to continue buying Bitcoin according to his weekly budget and not be forced to withdraw money from his Bitcoin investment at times that are completely against his will. Of course, every person needs to understand these trade-offs.

You made a nice point. The best approach to use when starting your investments journey is to use the DCA method. Whereby you will be able to use what you can afford to invest and stay consistent. Investing beyond your capabilities can lead you into making unreasonable decisions. Investing shouldn't feel like a burden to you, If someone is forcing it every week, they might end up quitting halfway. Whereby they sell not because they choose to, but because life forces them to. . I would still love to say that discipline matters more than amount. it's easy for someone to figure out their Discretionary income but where the problem lies is when the market decides to test you. You can have the best financial management or knowledge but if you don't know how to control yourself during those periods, you might end up failing. Failing or mistakes are normal, the  important thing there is to know how to  react to those mistakes (e.g learning from it, which boost your experience, confidence and gaining more knowledge) that will determine your longevity in the market.

[WIYO1]

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.

You bring up a good point about individuals’ treatment of Bitcoin as a long-term conviction asset, and therefore likely to be purchased with a long-term accumulation strategy. However, when it comes to no selling and labeling those trades as stupid is simply too black & white. Investors have different goals, timeframes, and risk profiles. They could potentially sell out in order to rebalance their overall portfolios, take anywhere from small to large amounts of profit off the table, or require liquidity due to an unexpected life event... even if they believe in the long-term viability of Bitcoin. In addition to investors being different from one another, the markets themselves have also changed over time and adjusting to the new environment doesn’t necessarily mean that you abandon your conviction on an investment. To offer a more balanced perspective – accumulation is key to the overall strategy, but also having a plan (pre-established) at which point and why you would consider reducing your exposure would provide more rationale for either side of either strategy to be valid given the circumstances.

[Sunshine1525]

Edited out.....

You bring up a good point about individuals’ treatment of Bitcoin as a long-term conviction asset, and therefore likely to be purchased with a long-term accumulation strategy. However, when it comes to no selling and labeling those trades as stupid is simply too black & white. Investors have different goals, timeframes, and risk profiles. They could potentially sell out in order to rebalance their overall portfolios, take anywhere from small to large amounts of profit off the table, or require liquidity due to an unexpected life event... even if they believe in the long-term viability of Bitcoin. In addition to investors being different from one another, the markets themselves have also changed over time and adjusting to the new environment doesn’t necessarily mean that you abandon your conviction on an investment. To offer a more balanced perspective – accumulation is key to the overall strategy, but also having a plan (pre-established) at which point and why you would consider reducing your exposure would provide more rationale for either side of either strategy to be valid given the circumstances.

The problem is not about selling but when the person sold, selling too quick makes one a trader and a stupid act for people who call themselves investors but selling off some portions when they have accumulated for about 4-10 as JayJuanGee specified and met their goals makes them real investors, however you should take note of "some portions" cause investors that's met their goals or target don't need to sell off everything, it's unwise.

I don't know how well you've accumulated or if you're still a newbie in accumulation stage but what he's trying to say is that if your accumulation journey is still very early or below an interval of 4 years which is a full cycle, you shouldn't be talking or teaching about selling but more focused on reaching over accumulation stage or phase before selling. Don't get me wrong, an investor would definitely sell one day but real investors sell when they reach over accumulation stage.

[Gallar]

It is very important to maintain consistency in Bitcoin investment. Whether the price of Bitcoin is low or high what is more important is to be able to buy Bitcoin regularly. And to maintain this mentality, the most important thing is to have discretionary income, give importance to building a backup fund, and easily accept the volatility of Bitcoin's price in the short term. You cannot panic if the price suddenly decreases or increases. You have to continue accumulating Bitcoin regularly. If this kind of thinking can be maintained for a long time, then it is possible to get into a good position by investing in Bitcoin in the future.

Yes, I agree with your assumption, my friend. It's true that if we call ourselves Bitcoin investors, we should definitely focus on buying Bitcoin with DCA and then holding it. Before that,, we should also focus on our real-world jobs so we can maintain an income that can ultimately lead to continued discretionary income. So, we shouldn't worry about Bitcoin's current price fluctuations or when we're about to buy. That's basically pointless for long-term investors like us. We need to remember that our goal might be 10 years from now. So,, analyzing the current Bitcoin price before making a purchase or waiting for the price to drop isn't very useful for long-term investors. That's why we should focus on our real-world jobs right now to ensure our cash flow is stable. That's the main foundation for investing in Bitcoin.

[alankasman]

Yes, I agree with your assumption, my friend. It's true that if we call ourselves Bitcoin investors, we should definitely focus on buying Bitcoin with DCA and then holding it. Before that,, we should also focus on our real-world jobs so we can maintain an income that can ultimately lead to continued discretionary income. So, we shouldn't worry about Bitcoin's current price fluctuations or when we're about to buy. That's basically pointless for long-term investors like us. We need to remember that our goal might be 10 years from now. So,, analyzing the current Bitcoin price before making a purchase or waiting for the price to drop isn't very useful for long-term investors. That's why we should focus on our real-world jobs right now to ensure our cash flow is stable. That's the main foundation for investing in Bitcoin.

In contrast to new investors currently many people are discussing what new investors are doing because they are doing it wrong and are also wrong in interpreting or making a decision so this is very rarely done by Bitcoin investors because Bitcoin investors are only thinking about how to hold or buy more so that the amount they already own can increase again for the reason that the thoughts of Bitcoin investors are only focused on how to make sure that with the amount we can hold they don't think about selling instead they only think about things that can give them another source of income to maintain and protect the amount. that they already have.

So this is the right idea or step that is in the minds of Bitcoin investors and this is something that new investors don't have where they only think about the profits when regardless of what they do with the Bitcoin accumulation and they are still hesitant to invest in Bitcoin for a long period of time and they seem to be more inclined to choose the short term in investing with the aim of getting results as soon as possible and they always observe market movements so that they can sell and gain profits in a moment.

[The Founding Titan]

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.

You bring up a good point about individuals’ treatment of Bitcoin as a long-term conviction asset, and therefore likely to be purchased with a long-term accumulation strategy. However, when it comes to no selling and labeling those trades as stupid is simply too black & white. Investors have different goals, timeframes, and risk profiles. They could potentially sell out in order to rebalance their overall portfolios, take anywhere from small to large amounts of profit off the table, or require liquidity due to an unexpected life event... even if they believe in the long-term viability of Bitcoin. In addition to investors being different from one another, the markets themselves have also changed over time and adjusting to the new environment doesn’t necessarily mean that you abandon your conviction on an investment. To offer a more balanced perspective – accumulation is key to the overall strategy, but also having a plan (pre-established) at which point and why you would consider reducing your exposure would provide more rationale for either side of either strategy to be valid given the circumstances.

What are you talking about exactly? Investors should never have to sell just for selling sake or for quick profits, that's a traders strategy and shouldn't be applied by an investor, investors might have different goals but none of those will be fulfilled if they end up cutting their investment short, the whole point of having an emergency fund is to prevent something like selling early for ever happening.
How do you sell in order to rebalance your overall portfolio? Why does it need balancing in the first place, I would say needing to balance your portfolio will happen because you sold in the first place and not the other way around.
Putting up too much vague information doesn't help anyone, you will instead succeed in confusing people even more.

[MissNonFall9]

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.

Waiting is a terrible thing to start anything and succeed in. I have seen many people wait for Bitcoin to buy DIP but they fail to buy their desired DIP, because no one can really assume when the desired DIP will come. Because of this waiting, they miss out on the opportunity to buy Bitcoin at a lower price every time.

But if they had not waited and had invested for a long time constantly, following the instructions at the specified time (weekly or monthly), they would not have missed any DIP. On the other hand they would have been able to grow their portfolio, achieve average purchase prices and gradually their Bitcoin would have become a large asset.

A person will look at the Bitcoin market price with fear only when he is a trader, otherwise a real Bitcoin investor will not look at the market price with fear because they know that investing in Bitcoin in the long term will make them successful. Those who invest in Bitcoin for the short term and do not follow the DCA method will panic and become busy selling When the price reduce. Therefore to invest in Bitcoin, you must first develop a long term investment mindset and find discretionary income and start investing.

[Futurexxx]

. However, when it comes to no selling and labeling those trades as stupid is simply too black & white. Investors have different goals, timeframes, and risk profiles. They could potentially sell out in order to rebalance their overall portfolios, take anywhere from small to large amounts of profit off the table, or require liquidity due to an unexpected life event... even if they believe in the long-term viability of Bitcoin. In addition to investors being different from one another, the markets themselves have also changed over time and adjusting to the new environment doesn’t necessarily mean that you abandon your conviction on an investment. To offer a more balanced perspective – accumulation is key to the overall strategy, but also having a plan (pre-established) at which point and why you would consider reducing your exposure would provide more rationale for either side of either strategy to be valid given the circumstances.

Wether you agree with me or not, I just want to tell you that it makes no sense to be selling off your Bitcoin or taking profit from it when you have not gotten to your over accumulation status, all in the name of having a different investment goal, because by doing so, you may not get to your over accumulation status anytime soon, and if you are not careful enough, you might eventually sell everything off at a point, and become a no coiner overnight, so it's a wrong practice, unless you are not interested in being successful on your bitcoin investment, because if you really want to be successful, you wouldn't be selling for minimal gains when your concern should be more concerned on how to build your stash of Bitcoin.

[Taricoins]

It is very important to maintain consistency in Bitcoin investment. Whether the price of Bitcoin is low or high what is more important is to be able to buy Bitcoin regularly. And to maintain this mentality, the most important thing is to have discretionary income, give importance to building a backup fund, and easily accept the volatility of Bitcoin's price in the short term. You cannot panic if the price suddenly decreases or increases. You have to continue accumulating Bitcoin regularly. If this kind of thinking can be maintained for a long time, then it is possible to get into a good position by investing in Bitcoin in the future.

Yes, I agree with your assumption, my friend. It's true that if we call ourselves Bitcoin investors, we should definitely focus on buying Bitcoin with DCA and then holding it. Before that,, we should also focus on our real-world jobs so we can maintain an income that can ultimately lead to continued discretionary income. So, we shouldn't worry about Bitcoin's current price fluctuations or when we're about to buy. That's basically pointless for long-term investors like us. We need to remember that our goal might be 10 years from now. So,, analyzing the current Bitcoin price before making a purchase or waiting for the price to drop isn't very useful for long-term investors. That's why we should focus on our real-world jobs right now to ensure our cash flow is stable. That's the main foundation for investing in Bitcoin.

No investor should be worried about the short term price of Bitcoin because that's gonna cause more problems to him than good and that's why the main focus should be to try as much as possible to increase and maintain the job that actually brings you the discretionary income that enables you to buy Bitcoin. Growth in all aspects of your job would help you because that would give you more opportunities and bigger chance of increasing your discretionary income to buy Bitcoin on a steady basis.

The moment you entertain the habit of always checking on the Bitcoin price fluctuations, just know that the mindset of selling will start creeping in and it's better not to give attention to something that is not your goal, I believe the goal is to buy consistently and hold for long term so the main target should be to increase your self in area's that would help you accumulate more and also set up your emergency funds to avoid tempering with your investment and increase your Bitcoin purchasing power through the increase in your discretionary income.

Correct me if am wrong though but I feel the only time we can try to sell off our Bitcoin investments is when maybe the target 🎯 investment set has been reached and even at that it's not advisable to sell off all your Bitcoin because that would simply just make you turn back to a no coiner which will you will then get to start all over again but rather if Incase we want to act on the idea of selling after our specific long term targets has been achieved we can simply just sell a portion of the profits and use for anything seem fit and then the idea of also buying back with even the sold amount is not bad but one thing is for sure we should maintain focus and grow regardless of any price of Bitcoin. Always the goal is to save up for long and not short time investment acting like a trader which is same thing as gambling with your Bitcoin.

[Tetu100]

Yes, I agree with your assumption, my friend. It's true that if we call ourselves Bitcoin investors, we should definitely focus on buying Bitcoin with DCA and then holding it. Before that,, we should also focus on our real-world jobs so we can maintain an income that can ultimately lead to continued discretionary income. So, we shouldn't worry about Bitcoin's current price fluctuations or when we're about to buy. That's basically pointless for long-term investors like us. We need to remember that our goal might be 10 years from now. So,, analyzing the current Bitcoin price before making a purchase or waiting for the price to drop isn't very useful for long-term investors. That's why we should focus on our real-world jobs right now to ensure our cash flow is stable. That's the main foundation for investing in Bitcoin.

I agrey with you on all you have said so far. As an investor that is aiming up to 7-10 years or more as the case my be, you shouldn't be worried about the current price of bitcoin today when you already have many years ahead, all you should be more concerned of is on how to accumulate more of bitcoin to your self using the dca method. However, those that are after the price of today and constantly monitoring the market thread if it has arrived their desire price, people like that are mere traders that are only after what they we stand to gain at that point in time of which is very risky and not that guaranteed.
 They are not after the bigger picture of it, thus I disregard such people and for no reason will I take them serious. For the real dudes, are those that can understand the true definition of strong holding power, people that believe in consistency, people that can be disciplined enough to see till the end of their investment journey without compromising.

[Zackz5000]

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.

It is basically too high and the default reaction at every stage individuals said that $2 at $200 and they will keep talking about it most of the time its less about that actual price and more about thinking or not having as much exposure as they like sometimes it just about mindset and the risks management or not fully understanding the volatility. Bitcoin isn't an easy assets to hold especially for new investors.

Bitcoin is easy to hodl unless you are not prepared to to hodl for long but to trade for a short time, gamblers purposely choose to sell for a short time profit hodling Bitcoin for long is easy if an investor is investing with his discretionary income and not attracted by short time gain, there are investors who are still accumulating Bitcoin and hodl for long because they are not focusing short time gain and are also investing with their discretionary income.

[BitBakerr1]

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.

It is basically too high and the default reaction at every stage individuals said that $2 at $200 and they will keep talking about it most of the time its less about that actual price and more about thinking or not having as much exposure as they like sometimes it just about mindset and the risks management or not fully understanding the volatility. Bitcoin isn't an easy assets to hold especially for new investors.

Bitcoin is easy to hodl unless you are not prepared to to hodl for long but to trade for a short time, gamblers purposely choose to sell for a short time profit hodling Bitcoin for long is easy if an investor is investing with his discretionary income and not attracted by short time gain, there are investors who are still accumulating Bitcoin and hodl for long because they are not focusing short time gain and are also investing with their discretionary income.

To hold bitcoin is not actually easy as you think, there are some things you need to set in place before you can find it very easy which are backup funds such as emergency, reserve and float funds, if this funds are in place holding your bitcoin for a long term without dipping hands into it will be very easy for you and again you need to use only your discretionary income just like you have said but you need to have management skill it’s very important for everyone who wants to hold for a long term, one thing I have discovered is that one of the reasons why people are usually finding it hard to hold for longer period of time is because they lack management skill, you can be earning huge salaries but if you can’t manage it very well you will still be complaining, so with good management skill of your income you will hold for long term easily.

[sotelorene]

. However, when it comes to no selling and labeling those trades as stupid is simply too black & white. Investors have different goals, timeframes, and risk profiles. They could potentially sell out in order to rebalance their overall portfolios, take anywhere from small to large amounts of profit off the table, or require liquidity due to an unexpected life event... even if they believe in the long-term viability of Bitcoin. In addition to investors being different from one another, the markets themselves have also changed over time and adjusting to the new environment doesn’t necessarily mean that you abandon your conviction on an investment. To offer a more balanced perspective – accumulation is key to the overall strategy, but also having a plan (pre-established) at which point and why you would consider reducing your exposure would provide more rationale for either side of either strategy to be valid given the circumstances.

Wether you agree with me or not, I just want to tell you that it makes no sense to be selling off your Bitcoin or taking profit from it when you have not gotten to your over accumulation status, all in the name of having a different investment goal, because by doing so, you may not get to your over accumulation status anytime soon, and if you are not careful enough, you might eventually sell everything off at a point, and become a no coiner overnight, so it's a wrong practice, unless you are not interested in being successful on your bitcoin investment, because if you really want to be successful, you wouldn't be selling for minimal gains when your concern should be more concerned on how to build your stash of Bitcoin.

I agree with you, no matter the amount of goals we have you should not by any means touch our investment unless we have gotten to our over accumulation stage because of we do touch our investment when we have not gotten to our overaccumulation stage as it will automatically becomes gambling and we will be distracted I mean the volume or quantity of our portfolio will reduce and no real investor will ever want or like when there portfolio is been reduced unless those with ulterior motives in Bitcoin investment.

[NewRevelation]

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.

It is basically too high and the default reaction at every stage individuals said that $2 at $200 and they will keep talking about it most of the time its less about that actual price and more about thinking or not having as much exposure as they like sometimes it just about mindset and the risks management or not fully understanding the volatility. Bitcoin isn't an easy assets to hold especially for new investors.

Bitcoin is easy to hodl unless you are not prepared to to hodl for long but to trade for a short time, gamblers purposely choose to sell for a short time profit hodling Bitcoin for long is easy if an investor is investing with his discretionary income and not attracted by short time gain, there are investors who are still accumulating Bitcoin and hodl for long because they are not focusing short time gain and are also investing with their discretionary income.

To also add to your points, apart from having a long term investment plan, and also investing from your discretionary income, another thing that will allow you to HODL for long is.....  1) building up your emergency funds and all other back up funds rightly and solidly, though it will take some time, but if this is done and available, it makes you more stable and are able to handle emergency situations without thinking of tapping from your investment. 2) ensuring to carry out a proper income allocation and management. This will also help you to ensure that you allocate investment amount and other funds properly, helping you to invest without pressure and panic and have a smooth investment period..  All these put together will help you to HODL and even longer inorder to achieve your long term investment plan