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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 128721 times)
vs2014
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May 12, 2026, 09:37:17 PM
 #15461

It is always important to have a long term investment for investment because in the old history of the crypto market you can see that the long term has always given good results. So if you have good coin holdings in your portfolio you will get maximum profit from investment. Here you have to maintain your mental pressure and patience then you will get a chance to make enough profit. Again, if you are not a long term believer you can sell it for a small profit. If you hold Bitcoin or Ethereum for about 5-8 years you can make good profits. I like discipline in investing and don't want to go beyond my means. All the top coins are ideal investments for us.

Jamestown70
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May 12, 2026, 09:44:42 PM
 #15462

Let's not even focus on how much someone can make because focusing on profits can easily make someone lose sight of the real purpose and idea of investing. There's more to Investing than just the profit. Investing is more about building wealth gradually, preserving your finances now to build and achieve a bigger goal in future so what you gain now shouldn't be your concern. Long term investment is the best approach because it gives your investment time to grow properly. With Bitcoin investment you’re giving yourself time to benefit from Bitcoin’s long term growth instead of stressing over short term market movements every day.

What more is there to investing in Bitcoin than the making profit?.
One of the major drive that lead investors to Bitcoin is the profit you’ll get on a long run. Other secondary reasons why folk put their money into Bitcoin is to escape inflation, while doing that, they’re still setting those peepers on the fact that Bitcoin has high potential to grow in 5yrs to a decade as the case of the duration at which they want to keep their money in Bitcoin
 
When focusing on one’s profit is considered bad, is when you allow your profit influences your decision into trying to outsmart the market or selling your Bitcoin when you’re no where near your over accumulation stage.

Realistically speaking, if folk should remove their focus from the very thing that brought them into Bitcoin investment, there would hardly be any motivation to continue investing.
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May 12, 2026, 10:12:19 PM
 #15463

. Here you have to maintain your mental pressure and patience then you will get a chance to make enough profit. Again, if you are not a long term believer you can sell it for a small profit. If you hold Bitcoin or Ethereum for about 5-8 years you can make good profits. I like discipline in investing and don't want to go beyond my means. All the top coins are ideal investments for us.

Look, we are making a long-term plan for Bitcoin investment, we are not here to discuss any sheet coin. You can confuse the discussion because it will confuse the newbies even more. The way you are discussing, you can turn our long-term Bitcoin investment around, so we do not want to discuss any sheet coin later.
I have made your writing bold, it was not appropriate to mention Ethereum coin here. Because we are investing in Bitcoin for the long term, we want to limit ourselves to discussing our Bitcoin long-term proper plan.

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GeorgeJohn
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May 12, 2026, 10:27:22 PM
 #15464

<...>

Does it even make sense to hold Bitcoin and sell it within three years as a long-term investor?
Yes! You can hold bitcoin 1.6 Y/m, That's one year and six months..it's based on your goals of holding bitcoin...Holding for 3 years is a long-term holding, also holding bitcoin from 3/5 year is also long-term holding...it depends on your target, And let me tell you, theirs no specific year you can hold your Bitcoin as a long-term holders, every holding of bitcoin depends on determination and target....

Quote
In my opinion  it doesn't because buying and selling of bitcoin withing a period of three years is trading. An investor shouldn't take profits when they haven't reached over accumulation, that's trading.  it is only a trader who sell his Bitcoin early for profits.
A bitcoin investor can decide to pull out his capital and keep holding bitcoin with it's profit, depends on the amount of the profit...So that doesn't mean trading, And we have to know that making large amount of profit bitcoin investment, it depends on the amount you invested and also how long you have been holding bitcoin and also the market at of the time you purchased bitcoin and hold...

Quote
You are trader that is why you don't see it as a bad idea if someone sells they bitcoin within three years for profits. In my opinion You're trader If you're just buying and selling and you're not holdin for 4-10 years or more.
This is a misconception for differentiating the difference between trading and long-term or short-term holding of bitcoin..i will like you make a research of how long someone can hold a bitcoin.

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riscohen4
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May 12, 2026, 11:03:50 PM
 #15465

You are wrong Charcol.
Even though bitcoin is different from gambling and/or trading, the same idea of investing no more than you can afford to lose is the correct mental framework... and it seems that your own expectation of a guaranteed return shows that your expectations are likely not correct.. you are in a wrong mental framework with underlying expectations of guaranteed return, which is not true... even though you can do what you like and maintain wrong expectations.
A lot of individuals get confuse investing with expectations of getting quick profits and that mindset alone changes how people react to the Market cycle. Investing in Bitcoin long term requires patience discipline and understanding that volatility is the part of the movement invest what you can afford to lose doesn't mean invest peanuts out of fear it simply means not risking money that would as affect your daily life or peace of mind if the market moves against you. the real key is consistency and having a strategy like while DCA while focusing on building over time instead of chasing fast returns.
Bitcoin isn’t a one day thing or some quick profit thing. People can’t be following the normal rules of investment when it comes to other assets, then be expecting overnight returns when it comes to Bitcoin, that’s where alot of people miss it. 

Bitcoin is not a get rich quick thing, it needs time to mature just like every other real investment out there. And that time comes with consistency especially when DCAing, patience, discipline and understanding the bigger picture instead of following price every time. 

A lot of people are focused on quick profit instead of building something long term. Me personally, I’ve already made up my mind and I even have a projected target I’m working towards, and I think every Bitcoin investor needs that kind of mindset too. Without a target or long term plan, emotions will always be in control.
alankasman
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Today at 03:47:11 AM
 #15466

When investing in Bitcoin, we must plan for the long term. It should not be seen as a quick profit plan of a few months or a few years. Especially if the savings are not significant.
But it is quite difficult to call 5-8 years a short time. Do you know that 5-8 years is a long time for many, and in many cases, even this 5-8 year period can be meaningful. But it actually depends on when the person started, how regularly he bought, what is the situation of his income and expenses, whether he has an emergency fund or whether he can hold on without selling. And 5-8 years is also a long time. During this period, if someone buys Bitcoin regularly with discretionary income, has an emergency fund, avoids debt pressure and does not sell in panic, then he can build a good position in 5-8 years.
Indeed what is needed when starting to invest is a plan that can serve as a goal for someone starting a long-term investment. This is so that someone can achieve profits when the long-term plan is successfully implemented according to the pre-start plan. Therefore many things must be understood by all parties when making a good investment. Another reason is that every investment is beneficial for the individual. The investor must have a deeper understanding to avoid undesirable outcomes and ultimately, they are more secure in achieving profits when long-term investments go according to plan.

This is hard for those who do not have a stable income so that the 5-8 year period seems difficult for them but if for those who have a stable income it means stable does not mean a lot of income but there is always income either weekly or monthly so for them the 5-8 year period in investing can be categorized as very short because they are not too burdened in accumulating BTC to invest in fact those who have a stable income prefer a period of 10-15 years to invest this indicates that they have a very consistent nature in investing but their consistency is due to the existence of income or income that is quite consistent so it is natural for them to invest with a duration of 10-15 years to reach the point they want in investing in Bitcoin. And for those who do this kind of thing of course their main reason is that the needs that are spent are certainly not a problem because by having a stable income a person makes adjustments to what they have, for example, every income they have some of them are still set aside for Bitcoin investment and the rest they use for daily needs so that the mindset carried out by a person is one of the pretty good ways to build the way they have so that they can invest and for daily needs they can also fulfill and I think this is one of the people who think about their future to be better than now so doing such a way is very rarely done by all parties except certain people who are able to think of such steps.

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Today at 03:57:50 AM
 #15467

Basically I agree with you not everyone invests for the long term, some invest for the short term, hoping that their investment will mature in a certain month or they will be able to earn a certain amount of dividend from the investment so we should abandon the habit of calling traders investors. @ejikeme24 Don't forget to mention that becoming an investor is absolutely easy, to earn this title, you need to be patient and persistent with investment for at least 3-5 years. So from experience, we have to say that those who hold this coin in the short term with the implicit expectation of a guaranteed profit are in the wrong mental framework.
Bitcoin is associated with the long term but if it is for three to five years, it does not seem to be able to bring us the desired success. Although it may brings a little profit with this little time as you mentioned, it cannot be said for sure and here profit is related to trade. To invest in Bitcoin, you need to set a five to ten year mindset. And I think those who invest in Bitcoin on a short term basis should be considered as traders not investors.
I don't think there is a need to play a number game with timeline here. Investing in BTC should be done with a long-term mentality and ability. In that case, the time should be kept at least 4 years. Because one thing is clear from the past price history that if someone bought and hold Bitcoin for 4 years at any time, then he must have made a profit. The longer the time can be hold BTC, the more profit is possible. But how long someone will invest will depend on the personal position of the person. Just giving your opinion by mentioning 3, 5, 10 years here is not the main thing. The time depends on the person. In your case, it may be possible to invest for 10 years, but for others, it may seem logical to invest for less time. So everything depends on the person who is investing.
If you dont identify long term and short term investments with numbers, how else you can do it? Although you said to hold Bitcoin for 4 years. Or is 4 not a number in your view! Ha ha, never mind please.

Since Bitcoin's halving cycle occurs approximately every 4 years, an investor needs to set a mindset of at least 5 to 10 years to invest relatively safely. Along with that, one should also move away from the thought of withdrawing profits from Bitcoin investments quickly.

To be a real investor, one has to be patient and persistent in collecting and holding Bitcoin for a reasonable period of time. Otherwise, one will be considered a trader rather than an investor.

But yes, one will continue his investment as long as he has discretionary income. And if he does not have that income, then that is a different matter. Because investing in Bitcoin without discretionary income becomes much risky. Ultimately, it will definitely depend on the income, ability and financial situation individually.
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Today at 06:26:22 AM
 #15468

Bitcoin isn’t a one day thing or some quick profit thing. People can’t be following the normal rules of investment when it comes to other assets, then be expecting overnight returns when it comes to Bitcoin, that’s where alot of people miss it. 
Bitcoin is not a get rich quick thing, it needs time to mature just like every other real investment out there. And that time comes with consistency especially when DCAing, patience, discipline and understanding the bigger picture instead of following price every time. 
A lot of people are focused on quick profit instead of building something long term. Me personally, I’ve already made up my mind and I even have a projected target I’m working towards, and I think every Bitcoin investor needs that kind of mindset too. Without a target or long term plan, emotions will always be in control.
Before considering this it's better for those who have been on this forum for a long time to approach it so they don't immediately focus on instant profits. I think further understanding is needed for those who are considering investing but already expect profits from Bitcoin. I need to ask what happens if the opposite happens to those who expect too much profit when investing in Bitcoin?

And it's clear that Bitcoin investment isn't something that can make people rich quickly. Even if it were the process must be systematic and consistent. It's not just a matter of months or years it takes time to reach that point. It's better not to place too much hope on something uncertain. Our task is to continue investing until we forget that we've reached a point we never expected where we've accumulated a significant amount of BTC through our Bitcoin investment by following a very systematic and disciplined approach and by gaining a deeper understanding of our Bitcoin investment.

Something that is not necessary to follow because they are more inclined towards those who can gain profits rather than building the initial foundation of the struggle that someone does in starting to invest in Bitcoin so if currently we still have money with a stable income of course investing is the only way that can provide benefits for us in the future by having assets against someone's plan when using long-term investments.
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Today at 06:30:37 AM
 #15469

Let's not even focus on how much someone can make because focusing on profits can easily make someone lose sight of the real purpose and idea of investing. There's more to Investing than just the profit. Investing is more about building wealth gradually, preserving your finances now to build and achieve a bigger goal in future so what you gain now shouldn't be your concern. Long term investment is the best approach because it gives your investment time to grow properly. With Bitcoin investment you’re giving yourself time to benefit from Bitcoin’s long term growth instead of stressing over short term market movements every day.

What more is there to investing in Bitcoin than the making profit?.
One of the major drive that lead investors to Bitcoin is the profit you’ll get on a long run. Other secondary reasons why folk put their money into Bitcoin is to escape inflation, while doing that, they’re still setting those peepers on the fact that Bitcoin has high potential to grow in 5yrs to a decade as the case of the duration at which they want to keep their money in Bitcoin
 
When focusing on one’s profit is considered bad, is when you allow your profit influences your decision into trying to outsmart the market or selling your Bitcoin when you’re no where near your over accumulation stage.

Realistically speaking, if folk should remove their focus from the very thing that brought them into Bitcoin investment, there would hardly be any motivation to continue investing.

It is true that the potential for profit may be what makes some people interested in Bitcoin.If someone thinks that Bitcoin will not be able to maintain or increase its value in the long term, then it will be very difficult for them to save Bitcoin regularly.Therefore,it may not be realistic to completely eliminate the idea of  profit or future appreciation.

But there are many people who want not only profit but also long-term value preservation, protection against currency depreciation, and keeping their assets in a place that cannot be printed. And these characteristics are found in Bitcoin. When an investor looks at the investment in this way that profit can come, but that it should be the result of long-term savings, not the main goal, then it will be seen that investors will not be unstable in price fluctuations.
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Today at 07:06:21 AM
 #15470

You are wrong Charcol.
Even though bitcoin is different from gambling and/or trading, the same idea of investing no more than you can afford to lose is the correct mental framework... and it seems that your own expectation of a guaranteed return shows that your expectations are likely not correct.. you are in a wrong mental framework with underlying expectations of guaranteed return, which is not true... even though you can do what you like and maintain wrong expectations.
A lot of individuals get confuse investing with expectations of getting quick profits and that mindset alone changes how people react to the Market cycle. Investing in Bitcoin long term requires patience discipline and understanding that volatility is the part of the movement invest what you can afford to lose doesn't mean invest peanuts out of fear it simply means not risking money that would as affect your daily life or peace of mind if the market moves against you. the real key is consistency and having a strategy like while DCA while focusing on building over time instead of chasing fast returns.


When you invest in bitcoin With the mindset of a trader which is to buy and make profit then it is very easy for you to be on the panic ride, because every Dip becomes very frustrating for you. There are others who invest in Bitcoin just because they want something for their future, they want to make a reliable plan for their future.
Being a person who invest to make profit or someone who invest to make plans for the future it is always advise to invest with your discretionary income so at least your emotions won’t get the better of you when there is a change in the market.
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Today at 07:13:22 AM
Last edit: Today at 07:23:32 AM by LOVER BOY 422
 #15471

In light of what jayjuanGee also says that investing in Bitcoin is not guaranteed to be profitable in the future, not also guaranteed to get anything back, due to execution risk and underlying asset risk.
That if you act like their is a guarantee of making profits that probably you will have a problematic mindset.
So if your investing in Bitcoin just remove your mindsets in profit, that's the more reason it's good to invest in amount that you can afford to lose because you should have the mindset of not getting anything back in return.
So in conclusion an investor shouldn't discuss profit at his accumulation level but he should think of how to buy more Bitcoin and hold and not discuss profit at his level, if not he will confused and also mislead biggners.

How did you think it is possible for one to remove their mind in anything profit when profit is what motivates people to invest in bitcoin? I think you don't get the full gist of what JJG said. Probably he might be saying that we don't need to rely too much on making profit from our bitcoin investment since there's no guarantee about the outcome . You saying that we should remove our mindset from profit doesn't sound well because it's the hope of getting profit from our investment that motivates us to keep stacking so that to enable us get a good potential return that's if it eventually work as expected.
In as much as bitcoin investment is concerned bignerner shouldn't discuss about profit at their level, what they should think is how to accumulate more Bitcoin, rather than selling or rely on profits, they should buy Bitcoin aggressively using the DCA method with just their spear money, in this case why should they think of making profits at their accumulation level, when they haven't gotten to over accumulation stage, so newbies shouldn't rely on profits.
If you think I didn't get what JJG said clearly I will rather said you are not even following his statements too, because I'm pretty sure and even if JJG didn't say it,  common sense should guide any newbies to have a good direction too

Secondly due to execution risk and underlying asset risk which might come from any source their is no guaranteed to be profitable in future remember what you use to invest is your spear money, even if it lost on the process you will still be fine , that's where the language of invest in what you can afford to lose comes from.
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Today at 08:27:44 AM
 #15472

When you invest in bitcoin With the mindset of a trader which is to buy and make profit then it is very easy for you to be on the panic ride, because every Dip becomes very frustrating for you. There are others who invest in Bitcoin just because they want something for their future, they want to make a reliable plan for their future.
Being a person who invest to make profit or someone who invest to make plans for the future it is always advise to invest with your discretionary income so at least your emotions won’t get the better of you when there is a change in the market.
The biggest impact for those who engage in such a mindset is when market prices are declining which makes them increasingly panicky when seeing what is happening with the declining market conditions. Therefore it is better to invest over a long period of time meaning anyone can invest but they must have principles when they want to start investing. So, with a goal in mind when investing they certainly prefer to use a long-term approach rather than following the mindset they have. This makes us always afraid of market price movements when they are in a declining condition. This is what makes someone sometimes uncomfortable in doing this pattern which is thought by those who invest in Bitcoin only aiming to generate instant or fast profits.

In fact if they understand how to invest of course they don't need a long time to understand the problem of how to do it because they are better off doing it by having discretionary income or having free funds so they only need a few more steps to be able to do it in a very easy way namely by using the long-term method. This is because the adjustment of income with expenses must be really studied so that the income we have can achieve our desires both for the needs that are spent or the need for assets for our future namely by accumulating BTC to invest using the long term so that we will wait for the time we have set with the goal that the desired point can be achieved by making long-term investments according to the plan.

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Today at 08:39:10 AM
 #15473

In light of what jayjuanGee also says that investing in Bitcoin is not guaranteed to be profitable in the future, not also guaranteed to get anything back, due to execution risk and underlying asset risk.
That if you act like their is a guarantee of making profits that probably you will have a problematic mindset.
So if your investing in Bitcoin just remove your mindsets in profit, that's the more reason it's good to invest in amount that you can afford to lose because you should have the mindset of not getting anything back in return.
So in conclusion an investor shouldn't discuss profit at his accumulation level but he should think of how to buy more Bitcoin and hold and not discuss profit at his level, if not he will confused and also mislead biggners.
I think the key fact here is balance, for beginners should  focus mostly on learning and staying consistent and accumulating gradually through DCA instead of being obsessed with quick gain at the same time nobody can completely ignore profits because investment itself is tied to future expectations Bitcoin is still a risky asset so individuals should only invest what they can comfortably afford to leave untouched for some years or even is without affecting their daily lives.

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Today at 08:52:47 AM
 #15474

You are wrong Charcol.
Even though bitcoin is different from gambling and/or trading, the same idea of investing no more than you can afford to lose is the correct mental framework... and it seems that your own expectation of a guaranteed return shows that your expectations are likely not correct.. you are in a wrong mental framework with underlying expectations of guaranteed return, which is not true... even though you can do what you like and maintain wrong expectations.
A lot of individuals get confuse investing with expectations of getting quick profits and that mindset alone changes how people react to the Market cycle. Investing in Bitcoin long term requires patience discipline and understanding that volatility is the part of the movement invest what you can afford to lose doesn't mean invest peanuts out of fear it simply means not risking money that would as affect your daily life or peace of mind if the market moves against you. the real key is consistency and having a strategy like while DCA while focusing on building over time instead of chasing fast returns.


When you invest in bitcoin With the mindset of a trader which is to buy and make profit then it is very easy for you to be on the panic ride, because every Dip becomes very frustrating for you. There are others who invest in Bitcoin just because they want something for their future, they want to make a reliable plan for their future.
Being a person who invest to make profit or someone who invest to make plans for the future it is always advise to invest with your discretionary income so at least your emotions won’t get the better of you when there is a change in the market.
You said it very beautifully. The biggest test of investing in Bitcoin is not just price fluctuations, but controlling your own mind and mentality. Those who come here hoping to make quick profits, when the market price drops a little, they get frustrated and panic and make wrong decisions. But those who come here for long-term investment see the instability of the market naturally.
In my opinion, along with investment, urgent needs and family expenses should be kept. Then, it is safe to invest some money every week or month according to your ability. The DCA method is very effective here, because it allows you to accumulate Bitcoin over time without taking a big risk at once. In this way, even if the market goes down, fear will be less effective, and there will be no problem in making decisions.
To succeed in Bitcoin, it is not enough to have money, patience, knowledge and mental strength are equally important. Those who can maintain these three things can be in a good position in the long run.
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Today at 09:00:35 AM
 #15475

I think the key fact here is balance, for beginners should  focus mostly on learning and staying consistent and accumulating gradually through DCA instead of being obsessed with quick gain at the same time nobody can completely ignore profits because investment itself is tied to future expectations Bitcoin is still a risky asset so individuals should only invest what they can comfortably afford to leave untouched for some years or even is without affecting their daily lives.
A new Bitcoin investor has no business thinking or talking about profit because that is one useless distraction that wouldn't go anywhere or is not necessary since he is no where near his over accumulation status, so what he or she should key into is focusing all of his attention on accumulating a tangible stash of Bitcoin in the next few years, so that when Bitcoin has risen to a million dollars or more, he can be able to look back and be happy for himself that he did the right thing when he should, not by thinking of profit now that his main concern should be accumulating and getting to his over accumulation status faster.

As for the bold words in your statement, I think that you are wrong, because it's not everyone that invested in Bitcoin that are profit oriented. Some take is as a store of value, somewhere to keep their money, so that it wouldn't be easily eaten by inflation, so you are wrong with that statement.

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Today at 09:01:07 AM
 #15476

I think the key fact here is balance, for beginners should  focus mostly on learning and staying consistent and accumulating gradually through DCA instead of being obsessed with quick gain at the same time nobody can completely ignore profits because investment itself is tied to future expectations Bitcoin is still a risky asset so individuals should only invest what they can comfortably afford to leave untouched for some years or even is without affecting their daily lives.
Getting obsessed with quick profit is a traders mindset and not that of investor and when you say profit cannot be completely ignored it might give people a different idea thinking they can take profits at any point in time from their Investment which will gradually shift into the mindset of traders. As an investor profit should be the last thing in your mind even though you expect to benefit from the investment in future. Profit are not even guaranteed so expecting quick profits is like expecting something that might not come so there's really no point going after quick profits.

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Today at 09:01:21 AM
 #15477


True that everyone has their own freedom to choose how small or big their investment, its best to invest what they are comfortable to spend.

Its not a problem if they want to invest small, since what matter is if this align with their plans and confidence level. If their priorities or those important needs is been covered, then even those small investment they put for Bitcoin still valid figures.

Having to invest should be the most important concern for any guy out there who wants to build a portfolio with bitcoin investment. It shouldn't be about the size of the portfolio but how well at the end of all the time taken to make those timely purchasing through DCA approach. Bitcoin investment isn't a competitive process but rather one that offers every guy the opportunity to purchase any unit in sats that they can afford to, accumulatively without stretching or having to emptying your savings and emergency funds.
Treating bitcoin accumulation as a competition will push a person to want to invest as much as possible as soon as possible which will ultimately lead to them investing outside of their discretionary income and that alone already will already condemn their hope to invest and HODL for long term, each investor should invest according to their discretionary income and not outside of it, do not let the rate at which someone else who has more discretionary income than you to push you into ruin, if your discretionary income doesn't allow you to invest as much as they are then invest within your own limits.

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Today at 09:21:31 AM
 #15478

It is always important to have a long term investment for investment because in the old history of the crypto market you can see that the long term has always given good results. So if you have good coin holdings in your portfolio you will get maximum profit from investment. Here you have to maintain your mental pressure and patience then you will get a chance to make enough profit. Again, if you are not a long term believer you can sell it for a small profit. If you hold Bitcoin or Ethereum for about 5-8 years you can make good profits. I like discipline in investing and don't want to go beyond my means. All the top coins are ideal investments for us.
When you are talking about good coins, you need to be specific, and it doesn't make sense when you categorize Bitcoin and other cryptocurrencies together because these altcoins are not reliable. If you think they are good for you to invest in, it's fine; you can invest in them, but I don't think you should conclude with your opinion and make people feel they are good coins just like Bitcoin. Altcoins and Bitcoin are not the same. Bitcoin is very reliable and a coin people can invest in without any worries because it is very valuable.

If people are not long-term investors, you have to encourage and educate them, showing them the facts about why Bitcoin investment is a long-term investment. Not because they are short-term investors should you encourage them to sell their Bitcoin; doing this can even lead to a big loss.

 
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Today at 10:47:57 AM
 #15479

I think the key fact here is balance, for beginners should  focus mostly on learning and staying consistent and accumulating gradually through DCA instead of being obsessed with quick gain at the same time nobody can completely ignore profits because investment itself is tied to future expectations Bitcoin is still a risky asset so individuals should only invest what they can comfortably afford to leave untouched for some years or even is without affecting their daily lives.
Newbies has to be more concerned about Bitcoin accumulation, they don't have anything  to do with profit at there level, for crying out loud they are just at the level where their strength and focus should be how to continue accumulating Bitcoin consistent with their discretionary income, once you see any newbie discuss profit and how to withdraw profit, it means such newbie is only here for short term and he's likely a trader in the making, by their ways we shall know them, since I understand that different investment has their target and reasons for investment in Bitcoin not necessarily profit alone, i try as much as can not to make a discussion subject rather I encourage people to invest in Bitcoin with there discreationary income because of the role it plays as a store of wealth and value.

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Today at 11:39:10 AM
 #15480

In light of what jayjuanGee also says that investing in Bitcoin is not guaranteed to be profitable in the future, not also guaranteed to get anything back, due to execution risk and underlying asset risk.
That if you act like their is a guarantee of making profits that probably you will have a problematic mindset.
So if your investing in Bitcoin just remove your mindsets in profit, that's the more reason it's good to invest in amount that you can afford to lose because you should have the mindset of not getting anything back in return.
So in conclusion an investor shouldn't discuss profit at his accumulation level but he should think of how to buy more Bitcoin and hold and not discuss profit at his level, if not he will confused and also mislead biggners.
I think the key fact here is balance, for beginners should  focus mostly on learning and staying consistent and accumulating gradually through DCA instead of being obsessed with quick gain at the same time nobody can completely ignore profits because investment itself is tied to future expectations Bitcoin is still a risky asset so individuals should only invest what they can comfortably afford to leave untouched for some years or even is without affecting their daily lives.
If you are looking to invest in Bitcoin for the long term, it may seem like trading if you are primarily concerned with making a profit. Your primary focus should be on how to continue to accumulate Bitcoin and how to manage your funds. For example you have discretionary income available that is allocated to accumulating Bitcoin and you are definitely setting up a 4 year DCA strategy. If you have crossed the ATH level several times during this period, your main target is not to expect to make a profit before 4 years.

After completing a 4 year Bitcoin cycle set the next target maybe several more cycles. The goal is to make a profit but exceed that expected target. Set the next target after reaching the Bitcoin over accumulation stage.

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