Buy Buy Buy or Sell Sell Sell?

[Gallar]

Yes, we can start investing from a very simple situation, but people unnecessarily complicate it for themselves, and this is why many people cannot start investing in such an unnecessary way and they end up moving away from investing. But where the issue of starting investing is very simple, and we can learn Bitcoin by continuing to invest very easily. So the mindset has to be set correctly, Bitcoin should be invested with long-term objectives, not short-term. Start small with discretionary income and continue it consistently, this is the startup of an investor, but those who expect short-term success from the beginning are not investors rather traders.

Yes,, you're absolutely right; starting an investment doesn't require a large amount, especially since Bitcoin can be purchased for a relatively small amount. Therefore, it's true that a financial situation shouldn't be a barrier to anyone investing in Bitcoin. Bitcoin is a truly accessible investment asset for all groups. But what makes Bitcoin great is that, even though it's accessible to anyone who wants to invest, it still possesses exceptionally high quality.

Therefore, Bitcoin can be considered a truly powerful asset, and perhaps the only one currently capable of becoming a promising future asset when it comes to digital assets. Therefore, don't limit yourself with unnecessary excuses. Basically, if you don't have a lot of money, Bitcoin can be paid in installments using a (DCA), and that's clearly a very good purchasing strategy. So, for those who feel unable to invest in Bitcoin, don't be discouraged. I'm sure everyone can invest in Bitcoin as long as they have the will.

[Promocodeudo]

Here, common sense means having general knowledge about investments. For example, the price of Bitcoin is very volatile, here, there is a high probability of profit if you invest for a long time, while there is a possibility of loss if you trade for profit in the short term. In this case, to invest in the long term, you should invest with money that is not needed for daily life needs. In that case, you should continue to invest with discretionary income. The knowledge that is needed to understand this matter is called common sense. And the mental ability to understand it is to have common sense. And economic capacity is what you said about having discretionary income and giving importance to creating a backup fund along with it. All these refer to the economic and mental capacity to invest in Bitcoin.

Why not make use of simple terms to make what you re saying, mate I disagree with you that common sense in regards to Bitcoin investment is having the genaral knowledge I think you are very wrong about this, do you really understand what it's meant by general knowledge, it means you have to know it's technical part, investment and every other thing that has to do with Bitcoin, i this level of knowledge is no more basic, you've heard that what every newbie needs to invest in Bitcoin is the basic knowledge but you're here suggesting a high level of knowledge to them maybe you don't know that it's actually what you're doing, for Bitcoin investment, the DCA strategy, discreationary income, alongside with your emergency funds, your accumulation starts but one should make sure that there source of income increases so that there discreationary income will increase to boast there Bitcoin accumulation process.

[MissNonFall9]

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

[cocadalcan]

What exactly do you mean by "common sense" in this context? You don't require common sense to invest in Bitcoin; So don't tell people that common sense is enough to invest in Bitcoin because it isn't. There are a lot of individuals out there who have common sense but are making mistakes with their investments, and others don't even know what funds to use.

And for clarification purposes, a beginner or a newbie does not need perfect knowledge before they can start ongoingly accumulating bitcoin. All they need is enough sense to start carefully, stay patient and keep learning as they grow their stash consistently.

Also, "it is common sense to start Bitcoin investment as regards to personal financial management". Common sense is what tells you that you need to invest your discretionary income into a passive long-term investment opportunity like Bitcoin and after deciding to invest your discretionary funds into Bitcoin, indeed all a newbie needs is common sense to start accumulating Bitcoin as regards to Bitcoin knowledge. Like those investors who need to cut down expenses to keep up their investment "it is common sense to do that".

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

You may be thinking about making a profit from Bitcoin, but it is not too early. Firstly build a Bitcoin holding. You need to accumulate Bitcoin regularly to build a holding. By accumulating Bitcoin in the DCA method, you can largely negate the investment risk because you are following this method through excess funds/discretionary income. Focusing on profitability in the initial stages of investment is likely to hinder the growth of the Bitcoin portfolio. Keep your investment consistent with your income and buy Bitcoin from lump sum go and increase your holding compared to keeping excess fiat available.

[Bluedrem]

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

DCA is an investment method where you will continuously operate DCA at the highest and lowest prices, due to price adjustments, you will eventually see that the difference between your purchase price and the present price in your Bitcoin portfolio will not be much more or less.
Moreover, the biggest advantage of DCA in investing in Bitcoin is that you do not have to use a lot of money at once for investment here. When you have the amount of discretionary income from there, you can purchase any amount of Bitcoin and deposit it in your portfolio, which is invested for future financial benefits as well as ensuring the protection of your assets.

[Derekfunds]

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

The needed income to carry out our Bitcoin investment is our discretionary income and we can figure out our emergency funds from the discretionary income and I think the reason we should not compare Bitcoin investment with other kind of investment is because in Bitcoin investment what is needed is money we can afford to lose which is discretionary but in other investment wihat Is use is capital and capital is not money one can actually afford to lose that is the difference but the target and goals is always the same.

[JayJuanGee]

What exactly do you mean by "common sense" in this context? You don't require common sense to invest in Bitcoin; So don't tell people that common sense is enough to invest in Bitcoin because it isn't. There are a lot of individuals out there who have common sense but are making mistakes with their investments, and others don't even know what funds to use.

Is this a rage bait or are you just ignorant?.
Common sense is the main thing required for a person that wants to start accumulating bitcoin newly, you don’t need no specials skills. Besides, even experienced investors that are already in the game still rely heavily on their common sense to be able to make critical decisions. I don’t care how much knowledge and experience you got, you still need common sense to keep you grounded. As human beings that we are, common sense is what keeps us functional and it is also what tell us right from wrong, so it’s up the person to decide wether to use it or not.
And for clarification purposes, a beginner or a newbie does not need perfect knowledge before they can start ongoingly accumulating bitcoin. All they need is enough sense to start carefully, stay patient and keep learning as they grow their stash consistently.

Also, "it is common sense to start Bitcoin investment as regards to personal financial management". Common sense is what tells you that you need to invest your discretionary income into a passive long-term investment opportunity like Bitcoin

How could common sense be so specific as you are proclaiming?

Common sense does not necessarily tell us to invest - except maybe if we notice that prices are going up faster than our increases in income, yet we might not notice prices or be inspired to invest based on those kinds of on the ground facts.

If we figure out that we could invest into something that might appreciate faster than the debasement of the dollar (or fiat), then we might choose to invest, yet investing is not an obvious choice.  If we start to buy bitcoin, in the beginning we might not know the difference between investing and trading, yet common sense might tell us to pay attention to whatever we are doing so that we do not get damaged, yet common sense does not necessarily give us the answer or the right answer, especially on the first try... we likely need to practice in order to improve our common sense  so that we can figure out ways to help ourselves in matters such as life preservation and safety, even though surely some guys are more inclined to take more risks than others... .and some guys can find answers quicker than others.

Common sense does not even tell us to invest into bitcoin, yet if we end up identifying bitcoin as our investment, we do not necessarily need skills or knowledge beyond common sense in regards to building up how we invest and how we manage our cash.. yet we still likely need to practice

and after deciding to invest your discretionary funds into Bitcoin, indeed all a newbie needs is common sense to start accumulating Bitcoin as regards to Bitcoin knowledge. Like those investors who need to cut down expenses to keep up their investment "it is common sense to do that".

For sure, we can learn to spend within our means so that we end up having enough to invest in bitcoin, whether we do it every week or some other period of time that makes sense... and how aggressive we choose to be in our choices remains a person preference question in regards to how much priority we give to bitcoin investing versus the other ways that we can use our discretionary funds, which is savings in cash or discretionary consumption. ...  Of course, in the investment category, we can choose bitcoin or we can consider other possible places to put our value in terms of trying to determine where we might believe to be the best place to put our value.  Common sense is not going to tell us where to put our time, energy and value.

This ongoing discussion of what is common sense may not be leading us very far in our discussion, since surely even if we presume that an overwhelming majority of people have common sense (meaning that they are not intellectually disabled), yet they still have to practice it and figure out the various correct answers.. maybe even following something like Maslow's Hierarchy of needs in which lower level needs need to be filled before higher level needs can be ready to be addressed, and having and maintaining discretionary income is a bit of a luxury that some guys do not have, and even though some guys try to frame investing as if it were basic needs, yet it is not, since investing is saving for the future, and the most urgent of basic needs, such as housing and food and safety are in the present, and frequently, even transportation costs and various levels of utilities and communication costs are within basic needs, especially when they are used to secure income to pay for even more basic needs such as food and housing.

Common sense should help guys to distinguish between needs and wants, even though frequently practice will also help to improve in making such determinations and even realizing that even though some expenses are discretionary, such as buying gifts for a family member, or attending some family event, some of those kinds of costs are still of a fairly high priority that cannot be completely neglected, even though they are not exactly basic, but they might be a high priority in order to keep some comfort in life or even cultural senses of obligations that need to be fulfilled in order to gain and/or retain status.  Sometimes, for example, as a gift, a guy might tell his father that he is going to spend two days helping him work at a house or a farm or something like a business, and maybe that activity (or gift) does not cost money, even though it might take away from other income earning activities that might have had been possible and that activity might build good will, even though maybe part of the reason to volunteer when and how much to work on the farm gives some control over how much time is going to be dedicated, it might allow for freeing up of time and/or money that would have had to have been spent if the volunteering avenue had not been proposed.

What exactly do you mean by "common sense" in this context? You don't require common sense to invest in Bitcoin; So don't tell people that common sense is enough to invest in Bitcoin because it isn't. There are a lot of individuals out there who have common sense but are making mistakes with their investments, and others don't even know what funds to use.

And for clarification purposes, a beginner or a newbie does not need perfect knowledge before they can start ongoingly accumulating bitcoin. All they need is enough sense to start carefully, stay patient and keep learning as they grow their stash consistently.

Also, "it is common sense to start Bitcoin investment as regards to personal financial management". Common sense is what tells you that you need to invest your discretionary income into a passive long-term investment opportunity like Bitcoin and after deciding to invest your discretionary funds into Bitcoin, indeed all a newbie needs is common sense to start accumulating Bitcoin as regards to Bitcoin knowledge. Like those investors who need to cut down expenses to keep up their investment "it is common sense to do that".

To invest in Bitcoin, one must have a prudent income

Get the fuck out of here with "prudent income."  It does not mean anything when it is used to describe a category of income.  It is vague.   A person can describe himself as attempting to be prudent (to use good judgement), but it does not mean anything to be described as a category of income.

We talk about discretionary income or disposable income - which is the income that remains after accounting for expenses.

Even within the context of discretionary income, there tends to be flexibility in regards to how it might be used, and it could be problematic to use all of it to invest, since if all of it were to be used to invest, then there could be chances that mistakes would be made and spending beyond discretionary income may well end up taking place.

and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

DCA does allow for ongoing adding and building up bitcoin holdings from within discretionary funds and over time, and surely it seems a good idea to get started in investing into bitcoin early and consistently with the passage of time, and even if a guy might develop investment timelines of 4-10 years or longer, there aren't any guarantees of profits, even though the guy can put cashflow management systems in place and even try to assure that he keeps generating enough income and managing his expenses so that he continues to have discretionary funds available to be able to both build up and maintain his bitcoin investment, but also to build up and strengthen his cashflow management, including building and maintaining back up funds.

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

Dumb and vague terms end up getting repeated. Prudent income does not mean anything - otherwise buying bitcoin using DCA methods and within the scope of discretionary funds tends to be a way to ongoingly build up bitcoin without getting distracted by price...

What exactly do you mean by "common sense" in this context? You don't require common sense to invest in Bitcoin; So don't tell people that common sense is enough to invest in Bitcoin because it isn't. There are a lot of individuals out there who have common sense but are making mistakes with their investments, and others don't even know what funds to use.

And for clarification purposes, a beginner or a newbie does not need perfect knowledge before they can start ongoingly accumulating bitcoin. All they need is enough sense to start carefully, stay patient and keep learning as they grow their stash consistently.

Also, "it is common sense to start Bitcoin investment as regards to personal financial management". Common sense is what tells you that you need to invest your discretionary income into a passive long-term investment opportunity like Bitcoin and after deciding to invest your discretionary funds into Bitcoin, indeed all a newbie needs is common sense to start accumulating Bitcoin as regards to Bitcoin knowledge. Like those investors who need to cut down expenses to keep up their investment "it is common sense to do that".

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

You may be thinking about making a profit from Bitcoin, but it is not too early. Firstly build a Bitcoin holding. You need to accumulate Bitcoin regularly to build a holding. By accumulating Bitcoin in the DCA method, you can largely negate the investment risk because you are following this method through excess funds/discretionary income. Focusing on profitability in the initial stages of investment is likely to hinder the growth of the Bitcoin portfolio. Keep your investment consistent with your income and buy Bitcoin from lump sum go and increase your holding compared to keeping excess fiat available.

I understand that you are mostly referring to keeping fiat for the purpose of buying the dip, and yes, I tend to agree that it is likely better for newbies or even guys in their early accumulation phases to focus on building their bitcoin holdings through ongoing buying of bitcoin.  At the same time, newbies likely need to spend some efforts on keeping back up funds and building those up... so some cash will need to be kept, and the cash might sometimes seem like it is becoming a lot.. and guys have to use their judgement in terms of various scenarios might happen, and if some severe period of lessening of income and/or increases in expenses were to happen, then guys will be quite grateful to have funds that they can spend from until they are able to increase their income and/or cut their expenses..  . the balance of how much to keep and how to keep it requires some judgement in terms of personal circumstances, and not easy to tell another guy what to do.. and even a guy who might have had been investing around 15% of his income into his bitcoin and his back up funds over 3 years, maybe he ends up putting 30% of his annual income into bitcoin and 15% of his annual income into his back up funds, that would be 4 month of income into bitcoin and 2 months of income into his back up funds.. and sure maybe that is enough back up funds to cover him for 3-ish months of income loss and even longer if he can cut back on his expenses during emergency periods.

It tends to take a long time to build up all of these matters, and surely if guys are of working age and their income is going up and they are getting promoted, then they are in a reasonably good position, yet not all guys are in such good circumstances and at the same time, it can be quite a struggle to get and maintain those kinds of reliable income sources.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

DCA is an investment method where you will continuously operate DCA at the highest and lowest prices, due to price adjustments, you will eventually see that the difference between your purchase price and the present price in your Bitcoin portfolio will not be much more or less.
Moreover, the biggest advantage of DCA in investing in Bitcoin is that you do not have to use a lot of money at once for investment here. When you have the amount of discretionary income from there, you can purchase any amount of Bitcoin and deposit it in your portfolio, which is invested for future financial benefits as well as ensuring the protection of your assets.

If a person invest consistently in a DCA way over 4 years, then the average price will be right around the same as the 200-WMA... and of course, if they keep investing and with passage of time, it would be likely that the average costs would become quite a bit lower and lower below the 200-WMA.

There may be guys who try to guess and time their buys, yet there might not end up being much difference between their costs and what their costs would have had been in terms of also how many BTC that they had been able to accumulate without taking too many chances about waiting and/or holding back too much in regards to their ongoing, persistent, consistent, regular and perhaps even aggressive accumulation of bitcoin.. which would help to make sure to be increasing the bitcoin stash size rather than merely strategizing about the stack size and taking chances with the stash size.

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

The needed income to carry out our Bitcoin investment is our discretionary income and we can figure out our emergency funds from the discretionary income and I think the reason we should not compare Bitcoin investment with other kind of investment is because in Bitcoin investment what is needed is money we can afford to lose which is discretionary but in other investment wihat Is use is capital and capital is not money one can actually afford to lose that is the difference but the target and goals is always the same.

Any investment (and even trading) should fall within discretionary funds and also up to the level of funds that are "what we can afford to lose".. so if we have already established that we are  investing within our discretionary funds, we still may well be holding back some money to put into back up funds and other money to discretionarily consume.. so the amount that we invest into bitcoin, any other investment and/or into trading and/or gambling is the money that we can afford to lose.  Surely if we are investing long term into bitcoin, we have some expectations that we are making an asymmetric bet, meaning that there are good chances that the bitcoin might increase in value and perhaps even greatly, even though the price appreciation is not guaranteed.

[LOVER BOY 422]

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

I don't agreed to this , that their is no alternative to regular DCA , dollar cost average method is the best method anyone can start with using your descretionary income according to your income flow either weekly or monthly is one of the best strategy,  when I will only accept that their is no regular alternatives to dollar cost average is when an investor is a contractor when his income flow doesn't come steadily till he finishes his contract job and get paid before he can start investing then he can still  buy aggressively to meet up his target.

Secondly as a bitcoin enthusiast since you have made up your minds to invest in Bitcoin the DCA strategy must not be forgotten because you are in and you will never want to missed your target in your journey, so their is always an alternative to regular DCA.

[Cgrexp]

What exactly do you mean by "common sense" in this context? You don't require common sense to invest in Bitcoin; So don't tell people that common sense is enough to invest in Bitcoin because it isn't. There are a lot of individuals out there who have common sense but are making mistakes with their investments, and others don't even know what funds to use.

And for clarification purposes, a beginner or a newbie does not need perfect knowledge before they can start ongoingly accumulating bitcoin. All they need is enough sense to start carefully, stay patient and keep learning as they grow their stash consistently.

Also, "it is common sense to start Bitcoin investment as regards to personal financial management". Common sense is what tells you that you need to invest your discretionary income into a passive long-term investment opportunity like Bitcoin and after deciding to invest your discretionary funds into Bitcoin, indeed all a newbie needs is common sense to start accumulating Bitcoin as regards to Bitcoin knowledge. Like those investors who need to cut down expenses to keep up their investment "it is common sense to do that".

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

You may be thinking about making a profit from Bitcoin, but it is not too early. Firstly build a Bitcoin holding. You need to accumulate Bitcoin regularly to build a holding. By accumulating Bitcoin in the DCA method, you can largely negate the investment risk because you are following this method through excess funds/discretionary income. Focusing on profitability in the initial stages of investment is likely to hinder the growth of the Bitcoin portfolio. Keep your investment consistent with your income and buy Bitcoin from lump sum go and increase your holding compared to keeping excess fiat available.

There is no reason to waste time looking at the price or the profit or to make such assumptions. One should not let the price of BTC change their ongoing Bitcoin savings which they probably need to continue. Yet many people get confused by the price or the profit. Which probably leads them to a wrong mindset. It takes a long time to build a Bitcoin holding. Even for those people who are able to withdraw some money from their other investments and invest in Bitcoin. One should keep buying BTC no matter what the price is. Of course, one can try to buy during the price drop in some weeks. Of course, it is also important to make sure that the money spent does not go beyond the discretionary fund and that there is enough money in the discretionary fund for sudden discretionary expenses that come up between paychecks.

[VivaMan]

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

The needed income to carry out our Bitcoin investment is our discretionary income and we can figure out our emergency funds from the discretionary income and I think the reason we should not compare Bitcoin investment with other kind of investment is because in Bitcoin investment what is needed is money we can afford to lose which is discretionary but in other investment wihat Is use is capital and capital is not money one can actually afford to lose that is the difference but the target and goals is always the same.

I don't think our discretionary income should be a money we can afford to lose, reason being that it can serve as an emergency funds when needed. In Bitcoin I don't really think what is needed is money we can afford to lose,  reason being that , there's is no money we can afford to lose, we just have to have a mindset that Bitcoin is volatile, which price can rise and fall at any giving time.

[Supreme Donvic]

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

The needed income to carry out our Bitcoin investment is our discretionary income and we can figure out our emergency funds from the discretionary income and I think the reason we should not compare Bitcoin investment with other kind of investment is because in Bitcoin investment what is needed is money we can afford to lose which is discretionary but in other investment wihat Is use is capital and capital is not money one can actually afford to lose that is the difference but the target and goals is always the same.

You are wrong, any investment you are going into you need to use only your discretionary income to go into that investment because it's a 50/50 chance to profit from it in the long run, so in all business or investment you are going into you need to use only your discretionary income to go into it.
And again you said discretionary income is money you can afford to lose and for that you can use it for Bitcoin investment, now let me correct you, the discretionary income you are saying you can afford to lose is what you can use to build a very strong emergency funds or back up funds so is not actually money you can afford to lose, Bitcoin investment is not gambling and the money you can use for gambling is not the same money you can use for Bitcoin investment, in gambling you can use money you can afford to lose not in Bitcoin investment because your discretionary income is very important to your success.

[ChocolateBitcoinK]

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

DCA is an investment method where you will continuously operate DCA at the highest and lowest prices, due to price adjustments, you will eventually see that the difference between your purchase price and the present price in your Bitcoin portfolio will not be much more or less.
Moreover, the biggest advantage of DCA in investing in Bitcoin is that you do not have to use a lot of money at once for investment here. When you have the amount of discretionary income from there, you can purchase any amount of Bitcoin and deposit it in your portfolio, which is invested for future financial benefits as well as ensuring the protection of your assets.

DCA is the most suitable for Bitcoin investment, compared to all other strategies, the DCA strategy is a much more effective, convenient and high-potential strategy in all aspects. Here we do not have to worry about any unnecessary purchases, we do not have to worry about market volatility, we can buy continuously without any worries. Only consistency is needed, only with consistency will our purchase price continue to be formed at an average price, which can make us create a more effective and rich portfolio in the long term. If you understand the real benefits of the DCA strategy, you will automatically express more desire to collect Bitcoin through this strategy instead of other strategies, you just need to understand this strategy well.

[Jewan420]

You are wrong, any investment you are going into you need to use only your discretionary income to go into that investment because it's a 50/50 chance to profit from it in the long run, so in all business or investment you are going into you need to use only your discretionary income to go into it.
And again you said discretionary income is money you can afford to lose and for that you can use it for Bitcoin investment, now let me correct you, the discretionary income you are saying you can afford to lose is what you can use to build a very strong emergency funds or back up funds so is not actually money you can afford to lose, Bitcoin investment is not gambling and the money you can use for gambling is not the same money you can use for Bitcoin investment, in gambling you can use money you can afford to lose not in Bitcoin investment because your discretionary income is very important to your success.

I agree with the statement that discretionary money should be spent for any investment. But in the case of business, it may not be true. Because, although investment and business are long-term, business gives us regular profits, whereas investment makes long-term profits the main thing.

Since you will keep getting regular profits from business, you can use business outside of prudent money. Even most of the businesses are run through borrowed money, which may not be a part of prudent money in any way. We should never think of business and investment as the same, there is a difference between the two. Investment is better done with prudent money, investment will increase the value of your assets, which is like a kind of savings. But business is a workplace, from where it is possible to get prudent money for investment.

[Joeboy]

The needed income to carry out our Bitcoin investment is our discretionary income and we can figure out our emergency funds from the discretionary income and I think the reason we should not compare Bitcoin investment with other kind of investment is because in Bitcoin investment what is needed is money we can afford to lose which is discretionary but in other investment wihat Is use is capital and capital is not money one can actually afford to lose that is the difference but the target and goals is always the same.

That's incorrect Derekfunds... Money that folks can afford to lose isn't the same thing as their discretionary income, even though there seem to be sharing some similarities...Let me explain further- For example say you are earning on a monthly basis and after settling for your basic needs and responsibilities, you are left with day $600 as your discretionary income... Honestly speaking you as an investor may either not have the courage to invest the whole $600 into Bitcoin, probably due to the fact that you haven't built enough emergency funds .... And coz of that you decided to use like $300 for your Bitcoin investment and then use the rest to build your emergency funds/or reserve funds.. The amount you can afford to lose is the $300 that you used for your investment, and your actual Discretionary income is the $600...

[Y3shot]

I don't think our discretionary income should be a money we can afford to lose, reason being that it can serve as an emergency funds when needed. In Bitcoin I don't really think what is needed is money we can afford to lose,  reason being that , there's is no money we can afford to lose, we just have to have a mindset that Bitcoin is volatile, which price can rise and fall at any giving time.

There are different kinds of investors in Bitcoin based on their level of understanding, including investors who are just starting but getting used to Bitcoin investment. Investors who are new and who are getting used to Bitcoin are advised to start small or to invest with the amount they can afford to lose. The reason for this is because of their limited understanding of Bitcoin and lack of experience with Bitcoin investment. For some investors, they don't invest in Bitcoin because of the amount they can afford to lose, but Bitcoin is invested according to financial strength. There may not be a guarantee of making a profit in Bitcoin investment, but some investors have understood Bitcoin investment to the extent that there is nothing to do with losing when it comes to Bitcoin investment.

[Proty]

What exactly do you mean by "common sense" in this context? You don't require common sense to invest in Bitcoin; So don't tell people that common sense is enough to invest in Bitcoin because it isn't. There are a lot of individuals out there who have common sense but are making mistakes with their investments, and others don't even know what funds to use.

And for clarification purposes, a beginner or a newbie does not need perfect knowledge before they can start ongoingly accumulating bitcoin. All they need is enough sense to start carefully, stay patient and keep learning as they grow their stash consistently.

Also, "it is common sense to start Bitcoin investment as regards to personal financial management". Common sense is what tells you that you need to invest your discretionary income into a passive long-term investment opportunity like Bitcoin and after deciding to invest your discretionary funds into Bitcoin, indeed all a newbie needs is common sense to start accumulating Bitcoin as regards to Bitcoin knowledge. Like those investors who need to cut down expenses to keep up their investment "it is common sense to do that".

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

You may be thinking about making a profit from Bitcoin, but it is not too early. Firstly build a Bitcoin holding. You need to accumulate Bitcoin regularly to build a holding. By accumulating Bitcoin in the DCA method, you can largely negate the investment risk because you are following this method through excess funds/discretionary income. Focusing on profitability in the initial stages of investment is likely to hinder the growth of the Bitcoin portfolio. Keep your investment consistent with your income and buy Bitcoin from lump sum go and increase your holding compared to keeping excess fiat available.

There is no reason to waste time looking at the price or the profit or to make such assumptions. One should not let the price of BTC change their ongoing Bitcoin savings which they probably need to continue. Yet many people get confused by the price or the profit. Which probably leads them to a wrong mindset. It takes a long time to build a Bitcoin holding. Even for those people who are able to withdraw some money from their other investments and invest in Bitcoin. One should keep buying BTC no matter what the price is. Of course, one can try to buy during the price drop in some weeks. Of course, it is also important to make sure that the money spent does not go beyond the discretionary fund and that there is enough money in the discretionary fund for sudden discretionary expenses that come up between paychecks.

Long term holders shouldn't be moved by market trends or allowed the market movement to influence how they buy bitcoin. When the price or profit motivate how we invest in bitcoin definitely we are in for quick profit and this is very wrong. An investor is supposed to remain consistent with bitcoin accumulation and not to allow themselves to be moved by how the market is going instead of there attention should be on how to stack a reasonable amount of bitcoin in there portfolio.

[Mr_Brilliant$]

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

DCA is an investment method where you will continuously operate DCA at the highest and lowest prices, due to price adjustments, you will eventually see that the difference between your purchase price and the present price in your Bitcoin portfolio will not be much more or less.
Moreover, the biggest advantage of DCA in investing in Bitcoin is that you do not have to use a lot of money at once for investment here. When you have the amount of discretionary income from there, you can purchase any amount of Bitcoin and deposit it in your portfolio, which is invested for future financial benefits as well as ensuring the protection of your assets.

DCA is the most suitable for Bitcoin investment, compared to all other strategies, the DCA strategy is a much more effective, convenient and high-potential strategy in all aspects. Here we do not have to worry about any unnecessary purchases, we do not have to worry about market volatility, we can buy continuously without any worries. Only consistency is needed, only with consistency will our purchase price continue to be formed at an average price, which can make us create a more effective and rich portfolio in the long term. If you understand the real benefits of the DCA strategy, you will automatically express more desire to collect Bitcoin through this strategy instead of other strategies, you just need to understand this strategy well.

That is one thing I like about DCA, it will just removes those too much emotion from investing… You don’t need to stress yourself trying to predict entry or panic because of market volatility..  As long as you stay consistent, and you keep building your position gradually, then that consistency will add up and pay..

Most people do underestimate the potential of simple and steady accumulation, and what it can turn to years later…

[Zackz5000]

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

The needed income to carry out our Bitcoin investment is our discretionary income and we can figure out our emergency funds from the discretionary income and I think the reason we should not compare Bitcoin investment with other kind of investment is because in Bitcoin investment what is needed is money we can afford to lose which is discretionary but in other investment wihat Is use is capital and capital is not money one can actually afford to lose that is the difference but the target and goals is always the same.

I don't think our discretionary income should be a money we can afford to lose, reason being that it can serve as an emergency funds when needed. In Bitcoin I don't really think what is needed is money we can afford to lose,  reason being that , there's is no money we can afford to lose, we just have to have a mindset that Bitcoin is volatile, which price can rise and fall at any giving time.

Our discretionary income is money that is supposed to use in accumulating Bitcoin it's also money we can afford to loss or money that we won't be in need for a long that even if we loss it it's not going to affect us, emergency fund and reserve fund are all gotten from our discretionary income which is built up gradually after we have make sure that all other important needs has been put in place, the most reason why it's also called money we can afford to loss is due to the volatility of Bitcoin which can rise and drop.

[Davidloki]

To invest in Bitcoin, one must have a prudent income and the ability to take risks, each person must have common sense, but some more strategies should be added to this. Where regular Bitcoin investment according to the DCA method makes it easier for him to keep it for a long time. And the more Bitcoin investment in the current position, the more likely it will be profitable, so everyone should give importance to Bitcoin investment and the portfolio should be enlarged by repeated investment.

There is no substitute for investing in Bitcoin and making a prudent income to protect this investment, but I think that the risk of investing in Bitcoin in the long term is comparatively lower than other investments if DCA is adopted as an investment method. Regular DCA is necessary so that no investment opportunity is missed. Many people may wait to buy the dip, which can be a little confusing in terms of investment because it is unknown when the dip will come, so there is no alternative to regular DCA.

The needed income to carry out our Bitcoin investment is our discretionary income and we can figure out our emergency funds from the discretionary income and I think the reason we should not compare Bitcoin investment with other kind of investment is because in Bitcoin investment what is needed is money we can afford to lose which is discretionary but in other investment wihat Is use is capital and capital is not money one can actually afford to lose that is the difference but the target and goals is always the same.

I don't think our discretionary income should be a money we can afford to lose, reason being that it can serve as an emergency funds when needed. In Bitcoin I don't really think what is needed is money we can afford to lose,  reason being that , there's is no money we can afford to lose, we just have to have a mindset that Bitcoin is volatile, which price can rise and fall at any giving time.

Our discretionary income is money that is supposed to use in accumulating Bitcoin it's also money we can afford to loss or money that we won't be in need for a long that even if we loss it it's not going to affect us, emergency fund and reserve fund are all gotten from our discretionary income which is built up gradually after we have make sure that all other important needs has been put in place, the most reason why it's also called money we can afford to loss is due to the volatility of Bitcoin which can rise and drop.

Discretionary income can be used for various purpose. Discretionary income can be used for investment, entertainment, business, vacation and travel, shopping, trading and for doing our hobbies or recreation. Discretionary income is used on things and activities that are not a necessary part of the basic things of life. The basic things of life are feeding, shelter, health and other essential things we cant do without. But we can do without entertainment, investment, and all the rest. It is just that these other things are what make the life better and sweeter and that is the reason why discretionary income is very important to every human.

I used to accept the statement that "discretionary income should be money we can afford to lose" but not anymore. I think discretionary income should be well spent. A wise man would always take calculated risk even if they are starting any investment. Investing into Bitcoin using dca is a calculated risk and a good way to spent some percentage of your discretionary income. Because an investor with a long term goal has a huge chance of benefiting from Bitcoin.

[Charcol]

I don't think our discretionary income should be a money we can afford to lose, reason being that it can serve as an emergency funds when needed. In Bitcoin I don't really think what is needed is money we can afford to lose,  reason being that , there's is no money we can afford to lose, we just have to have a mindset that Bitcoin is volatile, which price can rise and fall at any giving time.

There are different kinds of investors in Bitcoin based on their level of understanding, including investors who are just starting but getting used to Bitcoin investment. Investors who are new and who are getting used to Bitcoin are advised to start small or to invest with the amount they can afford to lose. The reason for this is because of their limited understanding of Bitcoin and lack of experience with Bitcoin investment. For some investors, they don't invest in Bitcoin because of the amount they can afford to lose, but Bitcoin is invested according to financial strength. There may not be a guarantee of making a profit in Bitcoin investment, but some investors have understood Bitcoin investment to the extent that there is nothing to do with losing when it comes to Bitcoin investment.

I also agree with your part that beginners should start with a small amount. If someone wants to start new, it may not be a good decision to invest a large amount of money in the beginning. If they start small, they may gradually learn to understand the market fluctuations, safety and the habit of holding for the long term.

However, I will be more careful about what you said, "the amount that you can afford to lose". Because many people assume this wrongly. They think that investing is like gambling, where you have to assume in advance that you will lose money. So I will try to say that you should invest in Bitcoin with the extra investable money that you will not need in the near future, the money that will not be a problem for daily expenses, loan costs, loan installments, family responsibilities or emergency funds. Because the main question in investing is not only whether you can afford to lose, but rather how long we can hold that money.