Buy Buy Buy or Sell Sell Sell?

[Promocodeudo]

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.

Some people are just very funny, so they think that it is right to sell of their Bitcoin or selling some part of it when they no where found near their accumulation target, just because they are having other plans to go into another investment but I ask has Bitcoin now failed, can anyone tell us any investment that is more valued than Bitcoin presently, it is important for people not to allow themselves to be tempted to sell of or take profit along the line of their Bitcoin investment journey when they have met their target, as someone that set a goal, such goals should be accomplished without any form of distraction, Bitcoin investment is known for it's increase overtime on a long-term, it is Bitcoin accumulation for a long-term not halfway and I think this should be in our mind as we keep doing the needful.

[Soldroplet]

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.

Some people are just very funny, so they think that it is right to sell of their Bitcoin or selling some part of it when they no where found near their accumulation target, just because they are having other plans to go into another investment but I ask has Bitcoin now failed, can anyone tell us any investment that is more valued than Bitcoin presently, it is important for people not to allow themselves to be tempted to sell of or take profit along the line of their Bitcoin investment journey when they have met their target, as someone that set a goal, such goals should be accomplished without any form of distraction, Bitcoin investment is known for it's increase overtime on a long-term, it is Bitcoin accumulation for a long-term not halfway and I think this should be in our mind as we keep doing the needful.

I completely agree with your words. If someone is saving Bitcoin with a long-term goal, then selling it after seeing a small profit in the middle will not be appropriate for him at all. Because he will lose his goal.Bitcoin is not just for short-term gains, but is a long-term asset that depends on patience, planning, confidence, intelligence and appreciation over time.
If there is an urgent need for money, it is different. Because it cannot be said to be wrong to use Bitcoin for family, medical, education or any very necessary purpose. But still, those who always invest in Bitcoin should keep an emergency fund, because if they need money at any time, they can spend it from the emergency fund as needed.
Here I will suggest him to invest in Bitcoin in the (DCA) method, because the rise and fall of the price will never make him emotional. If the price decreases or increases, he will continue to invest a certain amount of money in Bitcoin.

[MainIbem]

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.

It might seem easy but psychologically it's quite difficult that's why some people deviate at some point and sell when they've not got to over accumulation, Bitcoin investment is for those who understand what it's all about, believe in it and have made up their mind with a determination to meet their target. Hope you know that investors would experience challenges like volatility which is sometimes cause by market manipulations but only those who are determined to meet their target would overcome it. That's why every investor need to develop a good mentality of being patient with their investment regardless of any challenges so they'll definitely meet their goals.

[WIYO1]

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.

I agree that discipline is a key concept when it comes to investing. however, stating that one should never invest before reaching an over-accumulation stage could be a bit restrictive. Markets change. therefore, adjusting one's position can be good risk management (not gambling). While true investors look for long-term growth, true investors also look for ways to adjust their positions in order to meet their risk management responsibilities by remaining fluid prior to making an emotionally driven action that will adversely affect the portfolio's overall composition.

[Qhunman]

Some people are just very funny, so they think that it is right to sell of their Bitcoin or selling some part of it when they no where found near their accumulation target, just because they are having other plans to go into another investment but I ask has Bitcoin now failed, can anyone tell us any investment that is more valued than Bitcoin presently, it is important for people not to allow themselves to be tempted to sell of or take profit along the line of their Bitcoin investment journey when they have met their target, as someone that set a goal, such goals should be accomplished without any form of distraction, Bitcoin investment is known for it's increase overtime on a long-term, it is Bitcoin accumulation for a long-term not halfway and I think this should be in our mind as we keep doing the needful.

I agree with you, long term investors who are selling their bitcoin investment for short term gains are wrong especially when they are still far from reaching over accumulation. Such people are traders who re only interested in selling their bitcoin investment to make little profits. A smart thinking long term investor wouldn't his sell bitcoin investment for short term profits because he has a goal which he must accomplish and he hasn't come close over accumulation
However, Emergencies can force him to tamper with his bitcoin accumulation that's why every long term investors should have emergency funds so that incase of there is emergencies they wouldn't be tempted to tamper with their bitcoin investment.

[landheer]

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.

Holding BTC long-term is easy for those who use discretionary income to buy BTC, but it's not easy for those who don't use discretionary income, as it can lead to trading due to discomfort because the money used to buy BTC isn't from discretionary income. However, the bottom line is that sometimes we can't blame traders, as there are times when they trade due to urgent needs, even though the risks are very high. So, be grateful for those with substantial income who can buy BTC from discretionary income. However, long-term investment is actually better, as BTC has never disappointed those who invest in it for the long term.

[@nn@_pen9]

I think those who hesitate to invest in Bitcoin, especially in the long term are probably not long term investors even though they consider themselves investors. They will be traders because in a volatile market system, the market price of digital currencies will constantly go up and down. Therefore, long term investors will be successful in investing in Bitcoin in the long term even if the market price is up and down in the short term. Although there is no way to say 100% certainty, history has never disappointed long term investors.

How can someone who is hesitant about investing be considered an investor? As we know, investors never hesitate to invest their money or what they believe in, because they already have a strong foundation and knowledge of the assets they want to buy. Volatility is a common occurrence in investing. Successful investors have certainly gone through the learning phase, whether it's the best time to buy or sell when the price has reached our desired long-term criteria. It is in the long term that we can enjoy the results of the investments we make today.

[B-BossMan]

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.

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.

You maybe slightly wrong and at the same time right, it depends on how broadly we look at the situation. Your point about building mindset is actually right, a true long term Bitcoin investors shouldn't be convinced by short term price dips or drops. That belief is actually what divide investing from emotional trading. However, some investors can truly feel uneasy during the price downturn, it's actually a human nature but depending on how they respond to it. Aslo DCA strategy is the only approach for someone that has already have capital available significantly they may choose to invest a huge amount of money upfront. Example, if someone has like $20k and decided to invest $10k into bitcoin for long-term growth, so he didn't require DCA method since he has much money to invest at once.

In the other hand, DCA strategy is actually good for people without large funds readily available. It allows one's to accumulate gradually and reduces risks and also build one's discipline,moreover, for many of us, it's the most best  way to invest consistently without financial stress. So mindset matters the most,but the strategy actually depends on individuals financial stability or situations, weather once investing or DCA.

[BluebloodCXVI]

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.

You don’t need to have all these before you can start investing. Most guys don’t even finish building emergency funds, reserves and float funds before they start investing, instead they build it along the way while still actively accumulating bitcoin. If you wait for everything to perfectly align for you before you start buying bitcoin, then you may never start at all.

[Barikui1]

. Markets change. therefore, adjusting one's position can be good risk management (not gambling).

With what you said here, am really curious to know how you wishes to adjust your position that serves as a risk management strategy to you?
Because I sense trading in your statement than investment.

While true investors look for long-term growth, true investors also look for ways to adjust their positions in order to meet their risk management responsibilities by remaining fluid prior to making an emotionally driven action that will adversely affect the portfolio's overall composition.

Right here, you are making a confusing overall statement, but I want to ask you a question, what do you mean by making an emotional driven action that will adversely affect your portfolio overall composition?
Because it seems like you are not even sure of what you are saying, but I want you to be aware that in all you do while investing in Bitcoin, take note that their is no better way to manage your risk than when you invest with what you can afford to lose, not by all these confusing jagons you are saying.

[ChocolateBitcoinK]

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.

Consistency is the most important thing in Bitcoin investment. There are many who give too much importance to the natural fluctuations of the market, which creates a panic in them, and this becomes the reason for their investment failure. Instead, if investors can prepare themselves to buy Bitcoin consistently, then such panicked and emotional decisions can be avoided. In fact, if we cannot accept the natural volatility of the market, then it will not be possible to maintain the continuity of our investment. Therefore, we must first accept the issue of fluctuations as normal, overreacting to each price fluctuation will force us to make wrong decisions, so prepare ourselves to buy consistently using the DCA strategy.

[WIYO1]

Right here, you are making a confusing overall statement, but I want to ask you a question, what do you mean by making an emotional driven action that will adversely affect your portfolio overall composition?
Because it seems like you are not even sure of what you are saying, but I want you to be aware that in all you do while investing in Bitcoin, take note that their is no better way to manage your risk than when you invest with what you can afford to lose, not by all these confusing jagons you are saying.

I appreciate your concern and agree that the simple principles are your best bet. When I say emotional driven actions, I'm referring to making irrational decisions based on panic selling when there's market down kinks and over-boughting in times of strong excitement (sort of like how big swings in the 1990s affected the average person). All the jargon aside, clear-headed thinking will always win over nonsense. Additionally, yes, this is about having a sound plan / good management which is one of the best ways to manage risk in your portfolio. Pairing this with patience and creating plans that help prevent impulse or emotional-driven decisions will not only prevent loss of capital but will improve the return on invested capital as you grow your portfolio over time!

[Joeboy]

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.

Holding BTC long-term is easy for those who use discretionary income to buy BTC, but it's not easy for those who don't use discretionary income, as it can lead to trading due to discomfort because the money used to buy BTC isn't from discretionary income. However, the bottom line is that sometimes we can't blame traders, as there are times when they trade due to urgent needs, even though the risks are very high. So, be grateful for those with substantial income who can buy BTC from discretionary income. However, long-term investment is actually better, as BTC has never disappointed those who invest in it for the long term.

Investment isn't only possible for those with a substantial income... Surely those with larger and more stable income, finds it more easier to generate their Discretionary incomes, but then again folks could have a discretionary income without even having an income source to begin with... And that's very much possible if say they where monetarily gifted, or say they had a saving, or say they even won a high bet... And so from this money they received they can then use it to kickstart their investments and gradually build up a much more stable income source as you go..

[JayJuanGee]

. Markets change. therefore, adjusting one's position can be good risk management (not gambling).

With what you said here, am really curious to know how you wishes to adjust your position that serves as a risk management strategy to you?
Because I sense trading in your statement than investment.

It could well be the case that WIYO1 is referring to the kinds of investors that establish their positions in lump sums, and maybe they will move their 5% or some other amount of their allocations of one part of their investment portfolio into bitcoin, so then some of those are professional portfolio managers and they might have mandates in regards to how much they are able to allocate into certain categories, so maybe every time the allocation goes up to 10% or some other number they have to reallocate it back to 5%, and some of those practices are not very good ways of allowing for good assets, such as bitcoin to run.. so what they are doing, they are taking from the winners and putting that into the losers. .which might not be a good idea, even though they consider it as "risk management."  Many times investment advisors don't even want to get into bitcoin since they are not able to invest the ways that bitcoiners invest.

While true investors look for long-term growth, true investors also look for ways to adjust their positions in order to meet their risk management responsibilities by remaining fluid prior to making an emotionally driven action that will adversely affect the portfolio's overall composition.

Right here, you are making a confusing overall statement, but I want to ask you a question, what do you mean by making an emotional driven action that will adversely affect your portfolio overall composition?
Because it seems like you are not even sure of what you are saying, but I want you to be aware that in all you do while investing in Bitcoin, take note that their is no better way to manage your risk than when you invest with what you can afford to lose, not by all these confusing jagons you are saying.

He seems to be talking from an investment advisor's perspective, which does not always make sense for portfolios that are more concentrated like when bitcoiners might have mostly bitcoin and cash and maybe some bitcoiners might have some other assets too, but not at the level of assets that WIYO1 seems to be considering to be a better way of dealing with risk, which is not necessarily a good way of dealing with risk.  Many normies do not have a lot of capital that it is feasible for them to have multiple assets in their investment portfolio, and surely when bitcoiners are in their accumulation phase, it may well take them 4-10 years or longer, and it still might not make sense for them to diversify much if any beyond bitcoin and cash...

and WIYO1 seems to be presuming diversification from the start.. which seems more applicable to someone who might have portfolio sizes that are larger.. maybe even in the 6-12 months or more of expenses and perhaps even larger sized portfolios.. and yeah some guys start to diversify beyond cash and bitcoin sooner than they need to, and it might not even start to make sense when guys might have bitcoin and cash holdings that are less than 6 months of their expenses and it might also not make sense to diversify until well over 12 months of cash, to the extent that diversification is enough of a solution to address risk management as WIYO1 seems to be presuming as a starting point.

[Furious 7]

I appreciate your concern and agree that the simple principles are your best bet. When I say emotional driven actions, I'm referring to making irrational decisions based on panic selling when there's market down kinks and over-boughting in times of strong excitement (sort of like how big swings in the 1990s affected the average person).

btw I'm confused about what you want to convey here buddy maybe my understanding is not that deep so compare everything with what has happened before but I'm just trying to make this not a headache because I invest not to make me dizzy with what I'm doing.
We only need a clear stance and intention from the start to invest in bitcoin for the long term as one of the focuses that we must hold from the start so that things like what you said, especially selling when panicking, never happen and it is actually not difficult to do because we already have a goal from the start that the long term is what we will aim for.

Indeed, panic for ordinary people will definitely occur when the decline arrives but when we already have a goal and remember that histrorically the development of bitcoin always increases every year then we will definitely think that this decline is only temporary. For those who are new, this will definitely be hard to get through especially the first time but for those who have felt this several times I think this will only be a normal thing.No need to
What is clear here is that we just have to enjoy what is definitely happening because the decline is always there in every cycle but that does not mean we have to avoid and not go through the process just enjoy it because a decline like this will only be temporary and we will be back in an increase like before.

[Hardyrobust]

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.

Holding BTC long-term is easy for those who use discretionary income to buy BTC, but it's not easy for those who don't use discretionary income, as it can lead to trading due to discomfort because the money used to buy BTC isn't from discretionary income. However, the bottom line is that sometimes we can't blame traders, as there are times when they trade due to urgent needs, even though the risks are very high. So, be grateful for those with substantial income who can buy BTC from discretionary income. However, long-term investment is actually better, as BTC has never disappointed those who invest in it for the long term.

Investment isn't only possible for those with a substantial income... Surely those with larger and more stable income, finds it more easier to generate their Discretionary incomes, but then again folks could have a discretionary income without even having an income source to begin with... And that's very much possible if say they where monetarily gifted, or say they had a saving, or say they even won a high bet... And so from this money they received they can then use it to kickstart their investments and gradually build up a much more stable income source as you go..

Yes bitcoin investment is possible for anyone that have discretionary income and it doesn't matter whether they have stable income or not provided there is available discretionary income to invest with. A person without a stable source income can be accumulating bitcoin and work towards having a source of income or towards stablisng there source of income. So not having a source of income shouldn't be an excuse for not investing in bitcoin.

[Victorybit1]

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.

Holding BTC long-term is easy for those who use discretionary income to buy BTC, but it's not easy for those who don't use discretionary income, as it can lead to trading due to discomfort because the money used to buy BTC isn't from discretionary income. However, the bottom line is that sometimes we can't blame traders, as there are times when they trade due to urgent needs, even though the risks are very high. So, be grateful for those with substantial income who can buy BTC from discretionary income. However, long-term investment is actually better, as BTC has never disappointed those who invest in it for the long term.

Investment isn't only possible for those with a substantial income... Surely those with larger and more stable income, finds it more easier to generate their Discretionary incomes, but then again folks could have a discretionary income without even having an income source to begin with... And that's very much possible if say they where monetarily gifted, or say they had a saving, or say they even won a high bet... And so from this money they received they can then use it to kickstart their investments and gradually build up a much more stable income source as you go..

So you are saying that Bitcoin investments should be done on such incompetent means like gifted money or something like winning a bet ? C'mon man I think for anyone to start investing in Bitcoin atleast the best you can do for yourself is just to save a source of income not saying it should be big or anything but surely not these means you are talking about, I mean how will someone even tend to live their life's with the intention that they will win bets? Betting is gambling and it's all about luck and that's the most uncertain way for any man to have as his source of income.

[Cgrexp]

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.

Holding BTC long-term is easy for those who use discretionary income to buy BTC, but it's not easy for those who don't use discretionary income, as it can lead to trading due to discomfort because the money used to buy BTC isn't from discretionary income. However, the bottom line is that sometimes we can't blame traders, as there are times when they trade due to urgent needs, even though the risks are very high. So, be grateful for those with substantial income who can buy BTC from discretionary income. However, long-term investment is actually better, as BTC has never disappointed those who invest in it for the long term.

Investment isn't only possible for those with a substantial income... Surely those with larger and more stable income, finds it more easier to generate their Discretionary incomes, but then again folks could have a discretionary income without even having an income source to begin with... And that's very much possible if say they where monetarily gifted, or say they had a saving, or say they even won a high bet... And so from this money they received they can then use it to kickstart their investments and gradually build up a much more stable income source as you go..

Having a job and even a stable fund is probably good, but a job and a stable fund are not essential to start investing in Bitcoin. Discretionary funds are needed, though. People can be in a variety of financial situations. There is certainly a difference between starting to invest in Bitcoin and maintaining a Bitcoin investment. Even a person with a stable job can lose their job at any time in the future. Or their future income situation may be uncertain when they start investing in Bitcoin. So if a person loses their job or wants to get a better job than their current job, they may face a situation where they may have to look for another job. Or they may temporarily have to think about whether they should continue to buy Bitcoin or sell some Bitcoin to cover their expenses. Any employed person should build up a contingency fund in advance so that they are in a good position to not use their Bitcoin at any time against their will. And even in situations where their income may decrease or their expenses may increase.

[Proty]

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.

Holding BTC long-term is easy for those who use discretionary income to buy BTC, but it's not easy for those who don't use discretionary income, as it can lead to trading due to discomfort because the money used to buy BTC isn't from discretionary income. However, the bottom line is that sometimes we can't blame traders, as there are times when they trade due to urgent needs, even though the risks are very high. So, be grateful for those with substantial income who can buy BTC from discretionary income. However, long-term investment is actually better, as BTC has never disappointed those who invest in it for the long term.

Investment isn't only possible for those with a substantial income... Surely those with larger and more stable income, finds it more easier to generate their Discretionary incomes, but then again folks could have a discretionary income without even having an income source to begin with... And that's very much possible if say they where monetarily gifted, or say they had a saving, or say they even won a high bet... And so from this money they received they can then use it to kickstart their investments and gradually build up a much more stable income source as you go..

So you are saying that Bitcoin investments should be done on such incompetent means like gifted money or something like winning a bet ? C'mon man I think for anyone to start investing in Bitcoin atleast the best you can do for yourself is just to save a source of income not saying it should be big or anything but surely not these means you are talking about, I mean how will someone even tend to live their life's with the intention that they will win bets? Betting is gambling and it's all about luck and that's the most uncertain way for any man to have as his source of income.

I don't think if that is what he is trying to say here .The aspect of winning money from a bet to invest in bitcoin isn't realistic. From what I gather, I think he is trying to say that you don't need to have a stable source of income before you can start accumulating bitcoin but rather that an investor can invest in bitcoin provided that they have discretionary income to invest it. The most important here to note is that provided there is discretionary income available then we can start accumulating bitcoin even without a steady source of income.

[ejikeme24]

Some people are just very funny, so they think that it is right to sell of their Bitcoin or selling some part of it when they no where found near their accumulation target, just because they are having other plans to go into another investment but I ask has Bitcoin now failed, can anyone tell us any investment that is more valued than Bitcoin presently, it is important for people not to allow themselves to be tempted to sell of or take profit along the line of their Bitcoin investment journey when they have met their target, as someone that set a goal, such goals should be accomplished without any form of distraction, Bitcoin investment is known for it's increase overtime on a long-term, it is Bitcoin accumulation for a long-term not halfway and I think this should be in our mind as we keep doing the needful.

The truth is that not everyone that is investing for Long term some are investing for Short term with the hope that before so,so so, months that their investment will get matured or they will be in profit, and when it didn't work as expected by them, at that point they will be forced to sell their investment to diversify into other investment/ business but it's wrong to sell our investment when we have not reach our overaccumulation status and / or investment target, because selling when we have not reach our overaccumulation status is more like trading.