Buy Buy Buy or Sell Sell Sell?

[devouring-DARKNESS]

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.

I don't understand what you mean by market manipulation, as far as I'm concerned bitcoin's price movement can not be manipulated, that's one of the reasons why it's such an amazing asset to invest in but what you are saying presumes that's bitcoins price can be manipulated and if that's the case then bitcoin is not as independent as it has been claimed to be.
I disagree with you though, bitcoin can not be manipulated, you won't see any other asset as influence free as bitcoin is or as transparent, no country has a say on its price movement, no central bank can claim to control it and it's definitely not being regulated by any fiat, people can try but bitcoin is manipulation free.

[PhilosopherKing]

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.

no, that is not true. bitcoin investment is not only for person that 've understand everything or that have everything figured out. If that was the case, many person will never start bitcoin.

Bitcoin Investment is for any person that have discretionary income and common sense to decide what amount they can use to be ongoingly investing without putting themselves at any risk. Person can start with small understanding and grow it as they are ongoingly investing. If person start to be waiting to know everything before starting, they are delaying them selves from investing and learning while investing

[Charcol]

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.

Those who invest in the short term, thinking that they will make a profit in the next few months, are actually ignoring the main point of Bitcoin. Such a person is not investing, but is gambling by talking about investing. Because no one knows what will happen in the future. Even if he is only making a small profit after a few months, would you call selling all the Bitcoins an investment? Rather, he will become completely destitute. Such a person actually considers Bitcoin as a means of income, not as a future savings. This is nothing but sheer stupidity. When an investor's investment exceeds his savings, he will not sell all the Bitcoins even when the market goes up. Because he knows that he is holding an asset. But yes, he can sell some after reaching the savings stage if he needs it for something very important. But he will never want to sell all the Bitcoins.

[MissNonFall9]

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.

It is undoubtedly true that the nature of investment depends on the person's wishes and financial situation. But one-time investment often seems a little more risky because if we invest when the price is high, then the success rate may be a little less but on the other hand, if we can invest consistently by the DCA method, it can reduce our risk relatively, which is very important for investment. Those who are successful in investment are those who can manage risk very well. And this is why investing in the DCA method is so popular with everyone. I am not saying that one time investment is wrong but if you want to reduce the risk in investment, it is better to go for a continuous process using the DCA method.

[JayJuanGee]

[edited out]

I don't understand what you mean by market manipulation, as far as I'm concerned bitcoin's price movement can not be manipulated, that's one of the reasons why it's such an amazing asset to invest in but what you are saying presumes that's bitcoins price can be manipulated and if that's the case then bitcoin is not as independent as it has been claimed to be.
I disagree with you though, bitcoin can not be manipulated, you won't see any other asset as influence free as bitcoin is or as transparent, no country has a say on its price movement, no central bank can claim to control it and it's definitely not being regulated by any fiat, people can try but bitcoin is manipulation free.

You seem to be living in a dream @devouring-DARKNESS.

If all bitcoin were matched 1 to 1 and there was no paper bitcoin or fractional reserve bitcoin or rehypothecated bitcoin, then sure it could be possible to minimize and to lessen the ability to manipulate bitcoin's prices.

We do not live in such a world, and even though bitcoin is a new asset class, and it allows for custody without 3rd parties, the are still ways that bitcoin's price is currently being manipulated.

What do you think was happening with FTX? 

There were times when FTX had less than 100 bitcoin, yet they had outstanding claims on bitcoin that were around 100k.

Other third parties are doing similar things, even if they might not get caught or they might not do it to as great (and sloppy) of an extreme as FTX was doing it.

No one should have to explain to you that various kinds of manipulation can happen in bitcoin and are likely to be happening, and even if we don't have solid evidence of manipulation and paper bitcoin, perhaps you need to open up your eyes instead of proclaiming that bitcoin's supply is free from fucktwat status quo rich, governments and even institutions playing around with bitcoin's supply and even engaged in attempts to play bitcoin's price movements to their advantage, whether it is arbitrage plays or just not having coins that they claim to have.

By the way, if larger portions of the bitcoin community minimized their use of bitcoin paper products and/or took coins into their custody and transacted through private channels, then the fuck twat status quo rich would have fewer abilities to manipulate bitcoin's price.

[cyberninja2]

no, that is not true. bitcoin investment is not only for person that 've understand everything or that have everything figured out. If that was the case, many person will never start bitcoin.

Anyone can invest and Bitcoin investment is not reserved for a select few rather it is accessible to anyone who feels ready to participate. I strongly agree with your point that it is not limited to those who already possess a deep comprehensive or expert-level understanding. Indeed the notion that such deep knowledge is a prerequisite strikes me as a misconception—a flawed interpretation often expressed by those who, as a consequence simply do not grasp the practical utility and accessibility of Bitcoin investment.

Bitcoin Investment is for any person that have discretionary income and common sense to decide what amount they can use to be ongoingly investing without putting themselves at any risk. Person can start with small understanding and grow it as they are ongoingly investing. If person start to be waiting to know everything before starting, they are delaying them selves from investing and learning while investing

This is absolutely correct. As long as an individual has the capacity to invest they possess the inherent right and authority to do so. Therefore I strongly disagree with anyone who interprets Bitcoin investment as being reserved exclusively for a specific elite group this system—and this forum—operates without such boundaries. Consequently if you wish to begin you are free to invest and accumulate Bitcoin holdings. Any risks involved are simply an inherent part of the decision we make when we choose to enter the world of Bitcoin investment. Thus I maintain that it is entirely unnecessary—and in fact fundamentally incorrect—to assert that Bitcoin investment is intended only for a select few.

[Mr_Brilliant$]

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.

no, that is not true. bitcoin investment is not only for person that 've understand everything or that have everything figured out. If that was the case, many person will never start bitcoin.

Bitcoin Investment is for any person that have discretionary income and common sense to decide what amount they can use to be ongoingly investing without putting themselves at any risk. Person can start with small understanding and grow it as they are ongoingly investing. If person start to be waiting to know everything before starting, they are delaying them selves from investing and learning while investing

If someone waits till they know everything before starting Bitcoin, they might just keep waiting forever…. This space is not a school where you must pass exam first lol, most people actually learn more once they are already inside, not before..

As long as the person is using money that will not affect their life and they have small sense to manage risk, starting small makes sense.. You can build your understanding gradually while your investment is growing too..  Learn as you go is realistic for Bitcoin space..

[MainIbem]

I don't understand what you mean by market manipulation, as far as I'm concerned bitcoin's price movement can not be manipulated, that's one of the reasons why it's such an amazing asset to invest in but what you are saying presumes that's bitcoins price can be manipulated and if that's the case then bitcoin is not as independent as it has been claimed to be.
I disagree with you though, bitcoin can not be manipulated, you won't see any other asset as influence free as bitcoin is or as transparent, no country has a say on its price movement, no central bank can claim to control it and it's definitely not being regulated by any fiat, people can try but bitcoin is manipulation free.

You seem to be living in a dream @devouring-DARKNESS.

If all bitcoin were matched 1 to 1 and there was no paper bitcoin or fractional reserve bitcoin or rehypothecated bitcoin, then sure it could be possible to minimize and to lessen the ability to manipulate bitcoin's prices.

We do not live in such a world, and even though bitcoin is a new asset class, and it allows for custody without 3rd parties, the are still ways that bitcoin's price is currently being manipulated.

What do you think was happening with FTX? 

There were times when FTX had less than 100 bitcoin, yet they had outstanding claims on bitcoin that were around 100k.

Other third parties are doing similar things, even if they might not get caught or they might not do it to as great (and sloppy) of an extreme as FTX was doing it.

No one should have to explain to you that various kinds of manipulation can happen in bitcoin and are likely to be happening, and even if we don't have solid evidence of manipulation and paper bitcoin, perhaps you need to open up your eyes instead of proclaiming that bitcoin's supply is free from fucktwat status quo rich, governments and even institutions playing around with bitcoin's supply and even engaged in attempts to play bitcoin's price movements to their advantage, whether it is arbitrage plays or just not having coins that they claim to have.

By the way, if larger portions of the bitcoin community minimized their use of bitcoin paper products and/or took coins into their custody and transacted through private channels, then the fuck twat status quo rich would have fewer abilities to manipulate bitcoin's price.

I understand that he didn't get my point but thanks for clarifying him on that, maybe he felt I meant that Bitcoin is controlled by market manipulations but no that's not what I meant. Little did he know that market manipulations caused geopolitical crisis, whales manipulations, misinformation (what Peter Schiff is doing) etc can affect the market negatively. All those are market manipulations that temporary affects the price of Bitcoin and cause people to panic and sell off. In my previous statement I noted that "those are the challenges investors would face and won't be able to overcome the pressure of selling when they occur if they're not determined to keep holding"  which is the truth.

[Rhow]

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.

Those who invest in the short term, thinking that they will make a profit in the next few months, are actually ignoring the main point of Bitcoin. Such a person is not investing, but is gambling by talking about investing. Because no one knows what will happen in the future. Even if he is only making a small profit after a few months, would you call selling all the Bitcoins an investment? Rather, he will become completely destitute. Such a person actually considers Bitcoin as a means of income, not as a future savings. This is nothing but sheer stupidity. When an investor's investment exceeds his savings, he will not sell all the Bitcoins even when the market goes up. Because he knows that he is holding an asset. But yes, he can sell some after reaching the savings stage if he needs it for something very important. But he will never want to sell all the Bitcoins.

Investing for short-term profit is inherently risky. And short-term fluctuations in the market are inherently uncertain, so if someone makes a decision based on uncertainty, there is a possibility of loss. However just because someone is participating in the short term it is not gambling. If you work with clear planning risk management, and specific goals, it is planned, but for most people it is not realistic and sustainable. Long-term investors mainly focus on preserving the value of assets by increasing their portfolio through regular investments.

A trader wants to make a profit by taking advantage of short-term fluctuations. If someone behaves like a trader with the purpose of investing, focusing on profits, and making emotional decisions, it is not possible for him to hold it in the long term. I think if someone considers Bitcoin as a future asset or as a savings, it is more reasonable to have a long-term mentality. It is not consistent with the strategy to sell it all at the temptation of every small profit. The best thing is to continue buying until you reach a state of excess savings and not sell. Once that stage is reached, the investor can consider various options, such as whether to maintain savings or start withdrawing sustainably.

It is important for beginners to create an investment plan for a period of 4-10 years or more. This keeps them away from the trading mindset and helps them maintain a long-term investment horizon. Otherwise, short-term price fluctuations and changes in the value of the dollar can easily damage the strength and compounding of the investment.

[Tongley]

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.

Anyone who can generate discretionary income can invest. If we have discretionary income, we can invest and if we wait for knowledge to develop before we start investing, it will be the first step towards not investing and the biggest reason for our lagging behind. We need to start investing as soon as we generate discretionary income.

By starting investing, we can pursue investment and knowledge in parallel and we can take all our steps in a balanced manner. So start investing without waiting and take the right steps to protect your funds.

[Bryan jessy]

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.

no, that is not true. bitcoin investment is not only for person that 've understand everything or that have everything figured out. If that was the case, many person will never start bitcoin.

Bitcoin Investment is for any person that have discretionary income and common sense to decide what amount they can use to be ongoingly investing without putting themselves at any risk. Person can start with small understanding and grow it as they are ongoingly investing. If person start to be waiting to know everything before starting, they are delaying them selves from investing and learning while investing

If someone waits till they know everything before starting Bitcoin, they might just keep waiting forever…. This space is not a school where you must pass exam first lol, most people actually learn more once they are already inside, not before..

As long as the person is using money that will not affect their life and they have small sense to manage risk, starting small makes sense.. You can build your understanding gradually while your investment is growing too..  Learn as you go is realistic for Bitcoin space..

Bitcoin has been made in such a way that anyone can have access to it or make use of it, but the investment of Bitcoin requires a discretionary income and other side hustle, as to be able to strive well as long term investor. Because discretionary income or other side hustle will serve as a backup to the investor and once there is dip the investor will not panic but believe it will increase again, because that's how the market works.

[Zackz5000]

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.

Those buying Bitcoin for short time purpose with the hope of selling off soon maybe when they see they have gotten little profit are traders they are not investing but trading which doesn't even go as they wish most times, to get Bitcoin investment right is when it's invested for a long time purpose by accumulating Bitcoin and hodl for a period of 4-10 or more not just for some few months, secondly when after gotten to over accumulation an investor is not supposed to sell his Bitcoin hodling but can actually sell some if he want to keep holding and can as well decide to accumulate more when there is Dip, selling all is not a good investment plan because such person will suddenly turn to a no coiner.

[sotelorene]

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.

no, that is not true. bitcoin investment is not only for person that 've understand everything or that have everything figured out. If that was the case, many person will never start bitcoin.

Bitcoin Investment is for any person that have discretionary income and common sense to decide what amount they can use to be ongoingly investing without putting themselves at any risk. Person can start with small understanding and grow it as they are ongoingly investing. If person start to be waiting to know everything before starting, they are delaying them selves from investing and learning while investing

If someone waits till they know everything before starting Bitcoin, they might just keep waiting forever…. This space is not a school where you must pass exam first lol, most people actually learn more once they are already inside, not before..

As long as the person is using money that will not affect their life and they have small sense to manage risk, starting small makes sense.. You can build your understanding gradually while your investment is growing too..  Learn as you go is realistic for Bitcoin space..

Bitcoin has been made in such a way that anyone can have access to it or make use of it, but the investment of Bitcoin requires a discretionary income and other side hustle, as to be able to strive well as long term investor. Because discretionary income or other side hustle will serve as a backup to the investor and once there is dip the investor will not panic but believe it will increase again, because that's how the market works.

You are right but only some people has access to Bitcoin and again you can not make use of something you don't have so first someone have to accumulate or purchase Bitcoin before they can make use of it.  Discretionary income alone should be on the picture and forget about the side hustle before newbie get confused because a little thing can easily swift them off their feet and make them to be carried away, not that side hustle is wrong no! But what is actually needed is our discretionary income and it is only when we have understood this we can think of side hustle.

[POPOLUV]

. 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.

Investors that always temper his investment because of profits that was added over increased in Bitcoin price in the market, is not far from those investors that gambling around with their investments too, it is a bad idea of any investors not having figured out the best way to grow with his investment without being tempted to touch it, no matter how the temptations looks like and that is why will always have a reserve funds available at all time, for incase of any emergency that might come up unexpectedly, so advise to all investors that are still temporary their investments because of a small profit, should stop now, if you have been doing it and focus more in buying and accumulating aggressively as far as your discretionary income is there for you always.

[Tmoonz]

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.

Anyone who has been joining us in most of our discussions here will understand that the knowledge about Bitcoin is so vast that you can't get to know it or understand it all and anyone focusing on understanding it will never invest because of their curiosity of trying to understanding it all first which is not possible before investing, now this is where DCA also plays it's role by allowing an inexperienced person to own Bitcoin while getting experience and don't forget how experience can facilitate learning or be a very wonderful teacher, is best to get the fucking started provided that you have a basic knowledge and a discretionary income other things can be learned along down the road while you already taking positioning, this is smart if you ask me.

[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.

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.

I am just trying to say that many people think that they are late at the beginning but if they invest at any time without thinking about it, it will definitely be the right decision for them. Yes, Bitcoin investment will never guarantee a profit to an investor, but there are many reasons to trust this coin.

When investors are investing, they are investing with some risk of money, so it is not that they are investing in Bitcoin directly based on superstition. Bitcoin has increased in popularity since it has been in the market and several times we have seen Bitcoin touch the highest price in history. There are ups and downs in the Bitcoin market and I think investors invest because if there were no ups and downs, this coin would behave much like a stable coin, but here the profit and loss would not be understood.

 You have to start investing and maintain continuity and hold it for a long time. After starting an investment, investors should first forget about profits and instead give utmost importance to saving because if investors think about profits, they will not be able to maintain their investments for a long time. However, when investors think about continuing to invest regardless of profits and losses, their investments will be long-term.

[Princess Leah]

~

You are right but only some people has access to Bitcoin and again you can not make use of something you don't have so first someone have to accumulate or purchase Bitcoin before they can make use of it.  Discretionary income alone should be on the picture and forget about the side hustle before newbie get confused because a little thing can easily swift them off their feet and make them to be carried away, not that side hustle is wrong no! But what is actually needed is our discretionary income and it is only when we have understood this we can think of side hustle.

You said he's right and still went on to say only some people has access to it, now that's not true cause Bitcoin is for everybody so far people make up their mind to invest in it and make sure their discretionary income is intact for accumulation. If you say that it's accessible to some them it means that only certain people can be able to purchase it whereas everyone can whether rich or poor.

 Well it's true that the discretionary income is enough for beginners to start accumulating infact a discretionary income can be generated from a side hustle or any streams of income one has, so it's good you made him understand better, i believe he'll take note and others won't get confused about that particular statement too.

[MusaPk]

no, that is not true. bitcoin investment is not only for person that 've understand everything or that have everything figured out. If that was the case, many person will never start bitcoin.

Bitcoin Investment is for any person that have discretionary income and common sense to decide what amount they can use to be ongoingly investing without putting themselves at any risk. Person can start with small understanding and grow it as they are ongoingly investing. If person start to be waiting to know everything before starting, they are delaying them selves from investing and learning while investing

There is no need to spend lot of time in understanding Bitcoin investment. If you have a mindset that want you to become rich over a period of time then you will quickly start investing in Bitcoin. We can learn more about Bitcoin investment as we continue to invest in Bitcoin. It's important   for no coiner to not waste any further time in investing in Bitcoin. Once you have understand that you need a discretionary income to invest in Bitcoin then it becomes easy to not only invest in Bitcoin but also hold these bitcoins for at least one complete cycle i.e. 4 years. 

[BluebloodCXVI]

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.

If a guy hasn’t figured out their discretionary income yet, they should not be trying to invest in bitcoin at all because the accumulation process cannot be sustainable without the use of discretionary income, this is common sense.

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.

This your argument is leaning too much on the idea that traders are often forced into trading because they have urgent needs to take care of, I don’t agree with that and I don’t think that’s a justification for their trading behavior. Traders are primarily driven by choice, the need to make quick profit, strategy, speculation, risk appetite amd market outlook. So most decisions that they make are intentional and not as a result of them being in urgent need of money to sort out any emergency.

So, be grateful for those with substantial income who can buy BTC from discretionary income.

Who should be grateful to who ?, are they doing the market or any other person a favor by buying bitcoin for themselves huh ?. I don’t see any reason to be grateful to people using their discretionary income to invest in bitcoin because that’s what they’re expected to do in the first place and it’s for their own good not anybody else, nobody is gonna give them an award for doing so.

BTC has never disappointed those who invest in it for the long term.

Bitcoin has definitely rewarded people who held it long-term so far, but you saying it has never disappointed anyone isn’t really true. A lot depends on when you bought in, some long-term holders have had to sit through brutal drops and wait for years before seeing any real recovery, and plenty of people didn’t hold long enough to get back into profit.
So it’s not a smooth, guaranteed win, it’s more like if you have strong patience and survive the rough cycles, it has worked out well historically,but it can still test people heavily along the way.

[Sulegzy39]

It may appear simple, but psychologically it is quite difficult, which is why some people deviate at times and sell when they have not accumulated enough. Bitcoin investment is for those who understand what it is all about, believe in it, and are determined to meet their goal. I hope you understand that investors will face problems such as volatility, which is occasionally caused by market manipulations, but only those who are committed to reach their goals can overcome them. That is why every investor must acquire a good mentality of being patient with their investments, regardless of the hurdles, in order to achieve their goals.